Logansport Financial Corporation (QB) (LOGN) Share Price

$LOGN Logitech Introduces a Collaborative Whiteboard Solution For Hybrid Offices and Classrooms
Press Release | 05/18/2021
Today, Logitech (SIX: LOGN) (NASDAQ:LOGI) is creating a more equitable meeting experience for remote participants with the launch of Logitech Scribe, an AI-powered whiteboard camera. Logitech Scribe, compatible with leading services like Microsoft Teams and Zoom, broadcasts whiteboard content into video meetings with incredible clarity, virtually transporting everyone into the same room.

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Logitech Scribe AI-powered whiteboard camera for video meetings and hybrid learning (Photo: Business Wire)
Logitech Scribe AI-powered whiteboard camera for video meetings and hybrid learning (Photo: Business Wire)

From meeting rooms to classrooms, Logitech Scribe comes at a crucial time when hybrid work and learning has become more pervasive. Logitech Scribe makes brainstorming, teaching, and team meetings equally accessible and productive for all participants through its simple-to-use design. Leveling the playing field for distributed teams, Scribe gives everyone — in-room or remote — a perfect view of the board.

Enhanced integrations with Microsoft Teams Rooms and Zoom Rooms make the experience effortless. In-room participants can begin sharing whiteboard content into video meetings by simply pressing the wireless button included with Scribe or tapping the meeting room touch controller, like Logitech Tap. The wireless button currently works with Zoom Rooms, and support for Teams Rooms will come later this year. Scribe also works as a USB content camera with virtually any video conferencing application, providing the flexibility to use Scribe in meeting rooms, classrooms, or even home offices.

“We’ve obsessively worked toward solving the problems of providing high-quality audio and video collaboration in both meeting rooms and remote desktops, but there remains a gap in integrating non-digital content like whiteboards, or Post-its™ into virtual meetings,” said Scott Wharton, general manager and vice president, Logitech Video Collaboration. “Logitech Scribe works because it takes advantage of what people already know how to do: pick up a marker and draw on a whiteboard. Now, we’re able to elevate non-digital collaborative content for everyone to see in high fidelity, while being extremely easy to use and share, thanks to its compatibility with today's most popular cloud services like Teams and Zoom.”

Capturing dry erase surfaces up to six by four feet, Logitech Scribe is a dedicated whiteboard camera that gives virtual meeting participants a clear, real-time view of the whiteboard. Using built-in artificial intelligence, Scribe can render the presenter transparent, so remote users can see the whiteboard with nothing in the way, and automatically enhances the color of markers so the content is easier to read. Scribe even has the ability to detect other non-digital content like Post-its, a favorite tool for collaboration sessions. Whether viewing from a laptop at home or on the meeting room display, Scribe makes sure everyone has the best seat at the table.

With a clean, wall-mounted design and thoughtful cable management, Scribe elegantly blends into any modern office or classroom. Plus, it comes with everything you need to quickly get it up and running. Together with the whiteboard content camera, Scribe includes a wireless share button, mounting components, power supply, and category cables for deployment at scale. With Scribe, Logitech is expanding what it does best: creating collaborative tools that make it easier for people to interact with the digital world in more natural and meaningful ways.

“With the almost immediate corporate change from in-office to work from home, this past year has required us to make a lot of adjustments. Logitech may have seen these same issues, but they didn’t stop working and created a great product,” said Will Cool, video conference standards and operations at PayPal. “Scribe brings the ‘in-room collaboration’ feeling to global conferencing through a sleek and modern whiteboard device. Scribe’s high-definition imaging and plug-and-play connectivity make for an effective and easy to install tool that is essential within the hybrid collaboration industry.”

Continued Ehrika Gladden, vice president of the global video collaboration commercial organization at Logitech, "Whether your mission includes creativity, design, development, or teaching we’ve gotten a glimpse of what the tech-enabled collaboration of the future can look like with Scribe.”

Pricing and Availability

Logitech Scribe is now available in select markets with MSRP starting at $1,199. It is currently compatible with Teams Rooms on Windows and Zoom Rooms. Zoom Rooms Appliances support will be available after launch. For virtually any video conferencing service, Scribe can also operate as a standalone USB content camera when connected to a computer or laptop.

About Logitech

Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. Nearly 40 years ago, Logitech started connecting people through computers, and now it’s a multi-brand company designing products that bring people together through video, music, gaming, and computing. Logitech’s Video Collaboration goal is to make video meetings accessible and affordable to every business and every individual, without sacrificing quality. We want to video-enable every meeting room, every workspace, and every home. Find Logitech and more on its video collaboration products at www.logitech.com/vc, the company blog or @LogitechVC.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

(LOGIIR)


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Logansport Financial Corp. Reports Net Earnings for the Quarter Ended March 31, 2009
Apr 30, 2009 11:26:00 AM
Copyright Business Wire 2009


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View Additional ProfilesLOGANSPORT, Ind.--(BUSINESS WIRE)-- Logansport Financial Corp., (OTCBB: LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended March 31, 2009 of $300,000 or $.38 per diluted share, compared to earnings in 2008 of $538,000 or $.62 per diluted share.

Total loans were $110.7 million at March 31, 2009 compared to $111.4 million at December 31, 2008. Deposits increased by $1.7 million during the quarter. Total assets at March 31, 2009 were $163.9 million. Net interest income increased from $1.0 million in the first quarter of 2008 to $1.1 million during the first quarter of 2009. No provision for loan losses was needed in the first quarter of 2008 compared to a provision for $90,000 taken in the first quarter of 2009.

The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involves a number of risks and uncertainties. A number of factors could cause results to differ materially from the objectives and estimates expressed in such forward-looking statements. These factors include, but are not limited to, changes in the financial condition of issuers of the Company's investments and borrowers, changes in economic conditions in the Company's market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company's market area, changes in the position of banking regulators on the adequacy of our allowance for loan losses, and competition, all or some of which could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These factors should be considered in evaluation any forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements.


LOGANSPORT FINANCIAL CORP.
SELECTED FINANCIAL DATA
(Dollars in thousands, except for share data)

03/31/09 12/31/08

Total assets $ 163,866 $172,890

Loans receivable, net 110,676 111,404

Allowance for loan losses 1,465 1,373

Cash and cash equivalents 6,103 14,921

Securities available for sale 39,924 39,220

Federal Home Loan Bank stock 2,053 2,053

Equity investment 436 455

Deposits 118,062 116,368

Borrowings 26,513 37,169

Shareholders' equity 18,132 17,805

Shares O/S end of period 783,701 783,701

Nonperforming loans 930 914

Real estate owned 499 423

Three months ended 03/31

2009 2008

Interest income $2,252 $2,344

Interest expense 1,049 1,297

Net interest income 1,203 1,047

Provision for loan losses 90 -

Net interest income after provision 1,113 1,047

Loss on equity investment (19) (54)

Gain (Loss) on sale of REO - (11)

Gain on sale of investments - 91

Total other income 151 396

General, admin. & other expense 796 798

Earnings before income taxes 449 671

Income tax expense 149 133

Net earnings $300 $538

Basic earnings per share $ .38 $.62

Diluted earnings per share $.38 $.62

Weighted aver shares o/s-diluted 785,505 871,445






Source: Logansport Financial Corp.


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Logansport Financial Corp.
Dottye Robeson
Chief Financial Officer
574-722-3855
Fax-574-722-3857