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Improving the Efficiency of SOA-Based Applications
jhv1blz5 wrote: The article validated SOA as an IT architecture paradigm that can be leveraged in many ways. Taking data storage, scalability and application performance to a nifty level using SOA Application Grid infrastructure will no doubt enhance data and application performance on Oracle architecture platforms, it also has the promise of a cost effective and efficient IT delivery model. The very benefits of SOA.
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Paskowitz & Associates Provides Update on Class Action Lawsuit on Behalf of Cutera, Inc. Investors and Expansion of Class Period
Paskowitz & Associates Provides Update on Class Action Lawsuit on Behalf of Cutera, Inc. Investors and Expansion of Class Pe

By: Marketwire .
May. 9, 2007 07:15 PM

NEW YORK, NY -- (MARKET WIRE) -- 05/09/07 -- On April 18, 2007, Paskowitz & Associates filed a class action lawsuit in the United States District Court for the Northern District of California on behalf of all purchasers of the common stock and other securities of Cutera, Inc. ("Cutera" or the "Company") (NASDAQ: CUTR) from January 31, 2007 through April 4, 2007 (the "Class Period"). Defendants included Cutera and certain of its top officers and directors. Plaintiff will be amending his Complaint to assert a new, longer Class Period: from January 31, 2007 through May 7, 2007.

On May 7, 2007, after the close of trading, Cutera announced: "The unsuccessful implementation of our junior sales program, unusually high sales employee turnover, and disappointing results from PSS and other national accounts," and it forecast fiscal second quarter and 2007 sales below expectations. None of these adverse developments were adequately disclosed on April 4, 2007 when, in announcing disappointing results, CEO Connors stated: "This quarter's shortfall was due primarily to lower than expected productivity levels of our recent sales expansion. We are implementing specific initiatives to address this matter and remain confident in our ability to increase our revenue growth." On May 8, 2007, Cutera shares closed at $23.40, down $5.84, on heavy volume.

For further information you may call toll free, 1-800-705-9529, or contact counsel by e-mail by writing to lpaskowitz@pasklaw.com.

If you purchased Cutera stock during the Class Period, you may qualify to serve as Lead Plaintiff on behalf of the Class, which consists of all persons and entities who purchased Cutera stock and other securities from January 31, 2007 through May 7, 2007. You are not required to have sold your Cutera stock in order to claim damages, or to serve in this role. All motions for appointment as Lead Plaintiff must be filed with the Court by June 18, 2007.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to this matter, please contact Laurence Paskowitz. Mr. Paskowitz will personally speak with you at no cost or obligation.

Contact:

Paskowitz & Associates
Laurence Paskowitz, Esq.
(800) 705-9529
Email Contact

Published May. 9, 2007
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