Delivery Technology Solutions, Inc. (Pinksheets:DTSL), the leader in delivery management technology, has completed participation at one of the largest restaurant franchisee conventions, held July 22-25, 2010. Its UDS division attended the convention by invitation of the leading franchisor, and was able to showcase its large corporate catering and event management delivery technology platform to many of the thousands of convention attendees, and a range of other potential partners in the industry and associated industries.
“This was our first opportunity to interact face-to-face on a large scale with franchisees from all across American, Canadian, European, Middle Eastern and Asian markets,” said Ryan Coblin, CEO. “We could shake their hands, explain the opportunities our solutions offer, answer their questions and sign them up for follow-up contacts.”
Over the three-day event the company was successful in signing up franchisees that own thousands of locations, and multiple-territory development agents who represent thousands more. These signed prospects will be contacted by the franchisor and UDS to offer them optional programs to expand their customer base, increase sales and build new profits for their restaurants. Qualified franchisees are enrolled in the optional programs, and then UDS proprietary software is implemented at their unit, so orders may be received from the UDS Call Center and Online Ordering technology.
“As exciting as it was to meet the franchisees and development agents,” Mr. Coblin commented, “We also connected with old and new friends in the vendor community, representing some of the most famous brands in the industry, and other Fortune 500 companies, to open and further discussions toward cooperative partnerships to develop greater opportunities within the franchise population.”
Myers Industries, Inc. (NYSE: MYE) has named Melanie S. Bingham to the position of Senior Vice President of Human Resources (HR). Bingham will join Myers Industries effective September 27, 2010.
In this position, Bingham is responsible for developing, implementing and directing the Human Resources plans, programs and activities throughout the corporation and its four business segments, including organizational development, succession planning, benefits, performance management and compensation programs.
Bingham brings a wealth of knowledge to Myers Industries, with more than 20 years of experience in the HR field. Since 2005, she was with InvacareCorporation of Elyria, Ohio, a $1.8 billion home health care products manufacturer and distributor, most recently serving as Group Human Resources Director. In that position, Bingham was responsible for HR leadership across multiple business units and corporate functions, including finance, IT, customer service, global operations and supply chain, quality and regulatory compliance.
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets. The Company is also the largest wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S. The Company reported 2009 net sales of $701.8 million.
Mylan Inc. (Nasdaq: MYL) obtained a temporary restraining order from the U.S. District Court for the District of New Jersey that prohibits Apotex from “using, offering to sell, selling or shipping or otherwise launching � or importing” all three strengths of a generic version of GlaxoSmithKline’s Paxil CR, Paroxetine Hydrochloride (HCl) Extended-release (ER) Tablets, 12.5 mg, 25 mg and 37.5 mg. The order also prohibits GlaxoSmithKline from supplying Apotex with a generic version of the product. The order was entered September 21, 2010, and the court has scheduled further hearings on the matter for Oct. 18.
Mylan is currently selling all three strengths of Paroxetine HCl ER.
Mylan Inc. ranks among the leading generic and specialty pharmaceutical companies in the world and provides products to customers in more than 140 countries and territories. The company maintains one of the industry’s broadest and highest quality product portfolios supported by a robust product pipeline; operates one of the world’s largest active pharmaceutical ingredient manufacturers; and runs a specialty business focused on respiratory, allergy and psychiatric therapies.
MYR Group Inc. (Nasdaq:MYRG), a leading specialty contractor serving the electrical infrastructure market in the United States, reports its second-quarter and first-half 2010 financial results.
Highlights
Q2 2010 revenues of $140.3 million compared to Q2 2009 revenues of $162.9 million.
Q2 2010 EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization), a non-GAAP financial measure, of $9.7 million compared to $10.6 million in Q2 2009.
Q2 2010 diluted earnings per share (EPS) of $0.16 compared to $0.21 for Q2 2009.
MYR is a holding company of specialty construction service providers. Through subsidiaries dating back to 1891, MYR is one of the largest national contractors serving the transmission and distribution sector of the United States electric utility industry. Transmission and Distribution customers include electric utilities, cooperatives and municipalities. MYR also provides Commercial and Industrial electrical contracting services to facility owners and general contractors in the Western United States. MYR’s comprehensive services include turnkey construction and maintenance services for the nation’s electrical infrastructure.
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