It is one of only a handful of studies to successfully gainfunding from the European Commission for its research initiative, "The VirtualPhysiological Human." Running for four years until 2012, the VPHOP consortium will enable cliniciansto provide accurate prognoses and implement more-effective treatment strategiesbased on both drug treatments and forms of direct intervention treatment. Asearchable database will be developed as part of this collaboration, which couldlater be used for any patient specific-modeling for applications ranging fromosteoporosis to cardiovascular disease to cerebral aneurysm. For downloadable images, visit http:// About VPHOPVPHOP is a Collaborative Integrated Project co-funded by the European Commission(about 10MEuro) under the European Commission's 7th Framework Programme Theproject runs for 4 years from September, 2008. Coordinated by RizzoliOrthopaedic Institute, a scientific research hospital with a high degree ofintegration between healthcare and scientific research carried out in ninelaboratories. About ANSYS, Inc.ANSYS, Inc., founded in 1970, develops and globally markets engineeringsimulation software and technologies widely used by engineers and designersacross a broad spectrum of industries. The Company focuses on the development ofopen and flexible solutions that enable users to analyze designs directly on thedesktop, providing a common platform for fast, efficient and cost-consciousproduct development, from design concept to final-stage testing and validation.The Company and its global network of channel partners provide sales, supportand training for customers. ANSYS, ANSYS Workbench, Ansoft, AUTODYN, CFX, FLUENT, HFSS and any and allANSYS, Inc.
brand, product, service and feature names, logos and slogans areregistered trademarks or trademarks of ANSYS, Inc or its subsidiaries in theUnited States or other countries. All other brand, product, service and featurenames or trademarks are the property of their respective owners.ANSYS, Inc.Media: Kelly Wall, orInvestors: Annette Arribas, Copyright Business Wire 2009. A "significant downturn in the national economy causedsevere and unexpected financial pressures," and led to"unexpectedly poor" sales in the holiday season, Goody's saidin a Tuesday filing with the U.S bankruptcy court inWilmington, Delaware. Several retailers have filed for bankruptcy protection inrecent months, including Boscov's Inc, Circuit City Stores Inc(CCTYQ.PK) and KB Toys Inc Retailers are expected to struggle as the weak U.S. economyand rising unemployment cause consumers to reduce spending, andtight credit makes it more costly or impossible for companiesto refinance their debts. Goody's said it had investigated a number of alternatives,and ultimately concluded that the best way to maximize valuefor creditors was to conduct an orderly liquidation.
It said ithired Gordon Brothers Retail Partners LLC and Hilco MerchantResources LLC to conduct the liquidation. The company has between $100 million and $500 million ofboth assets and liabilities, and between 25,000 and 50,000creditors, according to its bankruptcy petition Goody's filingalso covers 13 affiliates. Founded in 1953 and based in Knoxville, Tennessee, Goody'shad filed for Chapter 11 protection on June 9, 2008, andemerged on October 20 after closing 74 underperforming stores. It employs about 8,200 people, and operates in 20 U.S.states, mainly in the southeast. The company said it is owned by PGDYS Lending LLC, which ismanaged by private equity firm Prentice Capital Management The case is In re Goody's LLC, 09-10124, U.S BankruptcyCourt, District of Delaware (Wilmington).