Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Rainmaker Entertainment Announces Results for the Third Quarter of 2012 and Senior Management Appointments

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/14/12 -- Rainmaker Entertainment Inc. (TSX:RNK) announced today its results for the three and nine months ended September 30, 2012. Rainmaker also announces the appointment of Mr. Craig Graham as Chief Executive Officer and Executive Chairman, effective November 15, 2012, Mr. Michael Hefferon as President and Executive Producer, effective November 15, 2012, and Mr. Shawn Turkington as Chief Financial Officer, effective November 20, 2012. The Board also appointed Ms. Delna Bhesania to the Company's board of directors.

The Company reported a loss of $1,145,898 and $3,047,801 for the three and nine months ended September 30, 2012, respectively. This compares with earnings of $426,972 and $1,193,979 for the three and nine months ended September 30, 2011.

Tim McElvaine, Chairman of the Board, commented, "It was a challenging quarter for Rainmaker. The proposed sale of the animation studio to Xing Xing Digital Corporation was not completed in September as expected. The Rainmaker board of directors and management are now focused on expanding its existing operations. I am particularly delighted that the board and management teams going forward will be bolstered by the additions of Craig, Michael, Shawn and Delna. Each individual brings unique talents to Rainmaker and, as a group, they serve to strengthen the quality and depth of our leadership team."

Mr. McElvaine added "Despite the challenges and uncertainty it was also an exciting quarter for Rainmaker as we approach the completion of production on the 3D animated family comedy feature film Escape from Planet Earth. The film is planned to be distributed by The Weinstein Company in February 2013."

Management Appointments

Mr. Graham, the incoming Chief Executive Officer and Executive Chairman, is a current director of the Company with vast business experience at the senior management level in an array of industries. Mr. Hefferon, the incoming President and Executive Producer, has enjoyed an extensive career in the feature film and television industries. Mr. Turkington, the incoming Chief Financial Officer, is a Chartered Accountant and has extensive experience working with public companies. He will be replacing Mr. Darren Battersby effective November 20, 2012, concurrent with Mr. Battersby's resignation date. The Board would like to thank Mr. Battersby for his tenure with the Company and wish him the best of luck on his future endeavors.

Ms. Bhesania, the newly appointed director, is a principal of Bardel Entertainment Inc., a Vancouver-based fully integrated entertainment company.

Earnings decreased $1,572,870 from $426,972 in the third quarter of 2011 to a loss of $1,145,898 in 2012. The decrease is primarily due to a 60% decrease in revenue with only a 54% decrease in operating costs. In addition, an impairment of $306,967 was recognized on investment in film and television properties during the third quarter whereas no impairment or provision was recognized in the third quarter of 2011. Similarly, in the first three quarters of 2012 earnings decreased $4,241,780 from $1,193,979 in the first three quarters of 2011 to a loss of $3,047,801 in 2012. The decrease is primarily due to a 20% decrease in revenue with only a 3% decrease in operating costs. A more detailed analysis of the other components of the Company's performance can be found in its Management Discussion and Analysis as filed on www.sedar.com.

Forward-Looking Statements

Certain information set forth in this press release contains "forward-looking statements", and "forward-looking information" under applicable securities laws. Refer to Forward-looking Statements in the Management Discussion & Analysis for the third quarter of 2012.

About Rainmaker Entertainment

Rainmaker Entertainment Inc., a multifaceted animation studio, is one of Canada's largest producers of CG animation. For more information, go to www.rainmaker.com.

Contacts:
Rainmaker Entertainment Inc.
Darren Battersby
(604) 714-2600
(604) 714-5990 (FAX)
investor@rainmaker.com
www.rainmaker.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Web 2.0 Latest News
A few weeks back, I wrote a post about getting ready to address a coworker's bad code. This sparked some conversation across various media, including the following interesting question: ...seems that there is a breakdown in managing the development process. Why is Bob allowed [to kee...
Tune into: a cloud mindset One of the tenets of the cloud religion is that it should be possible – through the use of intelligent software – to build reliable systems on top of unreliable hardware. Just like you can build reliable and affordable storage systems using RAID (...
DevOps has traditionally played important roles in development and IT operations, but the practice is quickly becoming core to other business functions such as customer success, business intelligence, and marketing analytics. Modern marketers today are driven by data and rely on many ...
Listen closely to the background hum of any agile shop, and you'll likely hear this ongoing chant: Automate! Automate! Automate! While automation can be incredibly valuable to the agile process, there are some key things to keep in mind when it comes to automated performance testing. ...
Developers are – despite their attention to what is considered a very logic-based field of study – a very creative group. Give them a hurdle to overcome and they will. The problem, of course, is not that they’ve solved a problem, it’s that in doing so they’ve likely created a source of...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE