LONDON, September 11 /PRNewswire/ --

Global Crossing (Nasdaq: GLBC), a leading global IP solutions provider, today announced second quarter financial results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).

Highlights

GCUK generated 81 million pounds in revenue in the second quarter, with adjusted gross margin of 69 percent or 56 million pounds and adjusted IFRS EBITDA of 21 million pounds. (Adjusted gross margin and adjusted IFRS EBITDA are both non-GAAP metrics that are defined and reconciled below.) The company also reported cash generated from operations of 19 million pounds before interest.

MIT neuroscientists have tricked the visual brain into confusing one object with another, demonstrating that time teaches us how to recognize objects. This discovery, they say, could lead to robots with actual 'recognition' ability.

It may sound strange, but human eyes never see the same image twice. An object such as a cat can produce innumerable impressions on the retina, depending on the direction of gaze, angle of view, distance and so forth. Every time our eyes move, the pattern of neural activity changes, yet our perception of the cat remains stable.

A possible explanation is suggested by the fact that our eyes tend to move rapidly (about three times per second), whereas physical objects usually change more slowly. Therefore, differing patterns of activity in rapid succession often reflect different images of the same object. Could the brain take advantage of this simple rule of thumb to learn object invariance?

MUMBAI, India, September 11 /PRNewswire/ --

- Managed Global Connectivity Backed by Service Availability SLA and 24x7 Customer Support

Tata Communications, a leading provider of the new world of communications, announced today the launch of a new Global VPN Extended Access Service (EAS). This new cost-effective solution extends VPN access to customer sites that do not require dedicated links as well as those located in hard-to-reach geographies. EAS complements Tata Communications Global VPN Service to provide an integrated solution that addresses the full range of customers' communications needs.

LONDON, September 11 /PRNewswire/ --

- Geophysicists Enjoy Faster Results and Improved IT Center Manageability

Panasas, Inc., the global leader in parallel storage solutions, today announced that, through the deployment of a Panasas AS3000 parallel storage solution, Geofizyka Krakow is completing seismic processing jobs up to six times faster. This performance boost positively impacts its geophysicists' productivity by providing faster results and the opportunity to run more job iterations for improved imaging results. Ultimately the deployment of Panasas parallel storage also benefits Geofizyka Krakow's Oil and Gas customers' exploration efforts by providing faster project turnaround with high-quality results that will help them locate energy reserves faster.

HATBORO, Pennsylvania, September 11 /PRNewswire/ --

The Sports Network and Contec Innovations Inc. (TSXV: BUZ), a global mobile services provider, have announced that Justel, a leading service provider to China Unicom, has recently launched the English Premier League soccer services as a subscription service powered by BUZmob(TM).

Authoritative, live, mobile sports content is in high demand in China, and represents the next generation of services, which complement the ring tones, games and social community features already available to mobile subscribers.

LONDON, September 11 /PRNewswire/ --

- New Software Includes Enhanced Compatibility and Repurposing Features

AmberFin today announces the launch of the latest version of its iCR software, an open-standards platform with four-time Emmy award winning technology that can digitise and transform new and archived content.

AmberFin iCR 4.0 includes reliable SD/HD ingest, optimised for open storage servers, with integrated review and quality control. Its repurposing module has been enhanced to enable it to reduce the equivalent quality file size by as much as 25% alongside cut-and-splice versioning tools, network rendering capabilities and best-in-class video processing and conversion.

ATLANTA and MOSCOW, September 11 /PRNewswire/ --

Global Payments Inc. (NYSE: GPN), a leading provider of electronic transaction processing solutions, announced today it has agreed to acquire ZAO United Card Service ("UCS") from ZAO United Investments in a stock purchase transaction. The transaction is subject to regulatory and noteholders' approval and customary closing conditions.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )

TORONTO, September 11 /PRNewswire/ -- GuestLogix Inc. (TSX-V:GXI), the leading provider of on-board retail technology and solutions to the airline industry, today announced that US Airways, America's fifth largest domestic carrier, has selected the GuestLogix Mobile Virtual Store(TM) solution, comprising proprietary handheld devices and integrated software services, to grow a la carte sales on-board its domestic and international flights.