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.
Cloud Expo on Google News

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
Top Links You Must Click On


Broadview Networks Completes Financial Restructuring

Broadview Networks announced today the completion of its financial restructuring. With its new capital structure in place and the brief chapter 11 process complete, Broadview is a stronger, delevered company with the flexibility, balance sheet and liquidity to expand its cloud services market position.

Broadview’s leverage is now below the average of its peers. As a result of the restructuring, Broadview has reduced its outstanding senior notes by 50%, reduced its annual interest expense by approximately $18 million and has access to free cash flow that will partially be used for general working capital and growth opportunities.

The prepackaged restructuring was completed within the previously announced timeline. Broadview Networks filed in late August, having already solicited votes on and obtained overwhelming support of its prepackaged Plan of Reorganization. Now that the Plan has been consummated and all regulatory approvals have been obtained, Broadview has a new debt structure including $150 million of senior secured notes with a five year maturity and a $25 million revolving credit facility.

“With our restructuring completed, we are a stronger company,” said Michael K. Robinson, President and Chief Executive Officer of Broadview Networks. “Our restructuring provides us greater financial flexibility and stronger growth opportunities. The prompt approval of the Plan validates all of the hard work and cooperation of our employees, stakeholders, customers and trading partners over the past several months. We are extremely appreciative of the support from all of these parties. Having recently obtained regulatory approvals, we are excited to begin the next phase and are committed to providing our customers with the best possible products and services. Part of the reorganization process included forming a new Board of Directors. We appreciate the service of our prior board members and look forward to working closely with our new directors to continue building Broadview into a leading provider of cloud based products and services.”

During both the restructuring and superstorm Sandy, Broadview has continued normal operations, serving its customers with the same high quality service they have come to expect. Its flagship hosted service offering, OfficeSuite® remained online throughout superstorm Sandy, providing customers with critical communications services and the ability to avoid or minimize impacts of the storm on their business. Broadview did not sell any businesses or close any offices during the restructuring, nor did it impair its services levels. Suppliers and vendors were paid in full and employees received their usual pay and benefits.

The Company’s restructuring counsel is Willkie Farr & Gallagher LLP and its financial advisor is Evercore Group, L.L.C.

About Broadview Networks

Broadview Networks is a network-based business communications provider serving customers nationwide with local and long-distance voice and data communications, premises-based and patented hosted VoIP systems, data services and a full suite of managed and professional services. They also provide an innovative portfolio of bundled, hosted IP phone and cloud computing services designed to meet the unique application requirements of diverse workforce groups. Its customers benefit from award-winning customer service, including a Web-based account management tool and a primary point-of-contact for real-time, personal customer care. For more information, visit www.broadviewnet.com.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
Apache Spark is an open-source, large-scale data processing engine built on top of the Hadoop Distributed File System (HDFS) and enables applications in Hadoop clusters to run up to 100x faster in memory, and 10x faster even when running on disk.  So it’s not surprising the usage of Sp...

I once said on stage at Glue that the reason I loved node.js was, quite frankly, that it's a language and with a programming language you can do, well, anything.

But like most things just because you can, doesn't always mean you

OSCON – O'Reilly Open Source Convention – taking place July 20–24, 2015, in Portland, Oregon, is where all of the pieces come together: developers, innovators, businesspeople, and investors. In the early days, this trailblazing O'Reilly event was focused on changing mainstream business...
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software,...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in ...
HashiCorp, a San Francisco-based start-up founded in 2012, has recently released its first commercial product, called Atlas. HashiCorp is known by many people as the creator of a number of open-source tools that assist in developing, deploying, and maintaining applications. One major c...
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