In addition to a cash donation RCN is creating andwill run cross channel public service spots to promote the
June 16, 2010 by admin
Filed under Entertainment
In addition to a cash donation, RCN is creating andwill run cross channel public service spots to promote the festival.”Our goal is to both promote the festival and encourage a great turn outfor this exciting event. We will be running these public serviceannouncements 200 times prior to the festival,” said RCN MarketingDirector Stephanie Bailey. “RCN will also promote the Asian Festival onour community bulletin boards on Channel 8.”IIS is a non-profit (501-3-C) and non-discriminatory organization servingthe community since 1984, with the main objective of providing qualityinstructions in the arts, crafts, and languages of India. It includesspecial workshops in yoga and the history and philosophies of India.Classes are held in classical, light vocal, and instrumental music and inthe classical, light, and folk dances of India. Currently, the Schooloffers approximately 70 classes taught by 30 teachers at two locations.For more details on the school, please visit “We are pleased to help organize this important celebration of Asiaculture,” said Thai Tennis Organization in America (TTOA) ManagingDirector George Duangmanee. “We work with many local Asian Associationsto introduce Asian cultures and tennis to the local community.”TTOA’s mission is to promote tennis growth and encourage young people tobroaden their horizons through education initiatives via scholarships.TTOA is a proud member of the USTA family, and was the recipient of the2004 Organization of the Year Award by USTA Mid-Atlantic section and theUSTA.About RCN CorporationRCN Corporation (NASDAQ: RCNI), http://, is a competitivebroadband services provider delivering all-digital and high definitionvideo, high-speed internet and premium voice services to residential andsmall-medium business customers under the brand names of RCN and RCNBusiness Services, respectively. In addition, through its RCN MetroOptical Networks business unit, RCN delivers fiber-based high-capacitydata transport services to large commercial customers, primarily largeenterprises and carriers, targeting the metropolitan central businessdistricts in the company’s geographic markets.
RCN’s primary service areasinclude Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City,Boston and Chicago. (RCNI-G)RCN Contact:Lisa BarderDirector of Communications & Public Relations703-434-8430Michael HoughtonCommunicreate703-799-7383Copyright 2009, Market Wire, All rights reserved.-0-. Together these constitutethe information required by DTR 6.3.5 to be communicated to media in fullunedited text. AppendixDirectors’ responsibility statementThe Annual Report and Accounts for the year ended 31 March 2009 contains aresponsibility statement in the form set out below:”The directors are responsible for preparing the Annual Report, Directors’remuneration report and the financial statements in accordance with applicablelaw and regulations.Company law requires the directors to prepare financial statements for eachfinancial year. The directors are required by the IAS Regulation to prepare thegroup financial statements under IFRSs as adopted by the European Union.
Thegroup financial statements are also required by law to be properly prepared inaccordance with the Companies Act 1985 and Article 4 of the IAS Regulation.International Accounting Standard 1 requires that IFRS financial statementspresent fairly for each financial year the group’s financial position,financial performance and cash flows. This requires the faithful representationof the effects of transactions, other events and conditions in accordance withthe definitions and recognition criteria for assets, liabilities, income andexpenses set out in the International Accounting Standards Board’s `Frameworkfor the Preparation and Presentation of Financial Statements’. In virtually allcircumstances, a fair presentation will be achieved by compliance with allapplicable IFRSs. However, directors are also required to:* properly select and apply accounting policies; * present information, including accounting policies, in a manner thatprovides relevant, reliable, comparable and understandable information; and * provide additional disclosures when compliance with the specificrequirements in IFRSs are insufficient to enable users to understand theimpact of particular transactions, other events and conditions on theentity’s financial position and financial performance. The directors have elected to prepare the parent company financial statementsin accordance with United Kingdom Generally Accepted Accounting Practice(United Kingdom Accounting Standards and applicable law).
The parent companyfinancial statements are required by law to give a true and fair view of thestate of affairs of the company. In preparing these financial statements, thedirectors are required to:* select suitable accounting policies and then apply them consistently; * make judgments and estimates that are reasonable and prudent; * state whether applicable UK Accounting Standards have been followed,subject to any material departures disclosed and explained in the financialstatements; and * prepare the financial statements on the going concern basis unless it isinappropriate to presume that the company will continue in business. The directors are responsible for keeping proper accounting records thatdisclose with reasonable accuracy at any time the financial position of thecompany and enable them to ensure that the parent company financial statementscomply with the Companies Act 1985. NEW YORK (Reuters) – U.S. consumer prices rose at a slower-than-expected pace in May, despite higher gasoline costs, and have fallen over the past 12 months by the most since 1950, according to government data on Wednesday.