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  • ( ) Teen dies after being hit by C-Train

    The 17-year-old boy was crossing 36 St. at 12 Ave. N.E. when he was hit by the northbound train about 12:10 p.m., said traffic Sgt. Joerg Gottschling.

    The crossing arm was down to stop pedestrians and vehicles, the lights were flashing and the bell was ringing at the time, he said.

    �This person walked out mid-way to the roadway, walked out onto the track and from what one witness told us, he just kind of froze up � maybe he was looking in the wrong direction or was unaware the train was coming,� said Gottschling.

    �According to this witness, he may well have had time to run out of the way should he have wanted to.� . More>>

  • ( ) NAB clarifies Allco ties

    THE National Australia Bank moved to distance itself from Allco Finance Group today, telling the market that it had no direct lending relationships.

    Shares in Australia's second biggest lender by market value fell as much as eight per cent yesterday, before closing about 1.5 per cent lower in a broadly positive market, over concerns about its exposure to Allco.

    While not a direct lender to Allco, NAB said today it had provided a $110 million margin loan facility to Allco Principle Investment Pty Ltd, which is one of Allco's major shareholders.

    ``No shares have been sold under this facility and at this stage no material loss is anticipated,'' NAB said in a statement.

    By 1503 AEDT, NAB shares had risen $1.16, or 3.58 per cent, to $33.60. More>>

  • ( ) Mindspeed Introduces Next-Generation Family of System-on-Chip Carrier ...

    Series Processors Enable Cost-Effective Migration from Class-5 TDM Voice Networks to Next-Generation IP-Based Access with Carrier-Class Performance NEWPORT BEACH, Calif. -- January 23, 2008 -- Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced a new family of highly-integrated voice-over-IP (VoIP) processors designed to enable the migration of copper loop voice access networks from traditional Class 5 time-division multiplexing (TDM) equipment to next-generation VoIP multiservice access nodes (MSANs).

    The Comcerto 300 Series of access VoIP processors combines the company's field-proven system-on-chip (SoC) architecture and carrier-class software, enabling equipment manufacturers to quickly and efficiently develop VoIP-to-Ethernet line cards for MSANs, Ethernet/IP-enabled digital subscriber line access multiplexors (IP-DSLAMs) and next-generation digital loop carriers (DLCs). More>>

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