Technology's Market Movers Stock Watch: mPhase Technologies, Adobe, Intel, NQ Mobile, Micron Technology

Technology's Market Movers Stock Watch: mPhase Technologies, Adobe, Intel, NQ
                          Mobile, Micron Technology

PR Newswire

CORAL SPRINGS, Florida, September 18, 2013

CORAL SPRINGS, Florida, September 18, 2013 /PRNewswire/ --

FinancialNewsMedia.com issues news updates for today's active technology
companies with current market trends: mPhase Technologies Inc. (OTCQB: XDSL),
Adobe Systems Inc. (NASDAQ: ADBE), Intel Corporation (NASDAQ: INTC), NQ Mobile
Inc. (NYSE: NQ) and Micron Technology Inc. (NASDAQ: MU).

mPhase Technologies Inc. (OTCQB: XDSL) Headline: DTC "Chill" Removed from
mPhase Common Stock. mPhase Technologies announced today that the Depository
Trust Company has, effective September 16, 2013, removed a chill from the
Company's common stock that was put in effect on June 17, 2011. The Company
has once again become eligible for the "continuous net settlement" process in
which its securities may fully utilize the modern electronic delivery system
for settlements of purchases and sales of its common stock. The Company has
over 23,000 shareholders which should benefit from the additional number of
choices now available to them as a result of this action. The Company had
suffered a material contraction in its market capitalization during the period
of the DTC Chill.

To read the entire press release, please go to
http://www.fnmprofiles.com/profiles-xdsl.php

mPhase to Display mPower "Jump!" Auto Battery Technology at SEMA Show, Las
Vegas, November 2013 -mPhase Technologies Inc., a Frost and Sullivan battery
technology award recipient, will launch the mPower Jump car battery jump
starter at the SEMA Show, the premier automotive specialty products trade
event in Las Vegas - mPhase Technologies Inc. recently announced that it
will be displaying at SEMA 2013 its mPower "Jump!" car battery jump starter
for channel distribution into specialty, mass retail and e-tail sales
outlets. The mPower "Jump!, a truly portable jump starter that fits in a
glove box, will be showcased exclusively at the mPower booth at SEMA. With
over 60,000 domestic and international buyers at SEMA, the emergency auto
device, The mPower "Jump!", will provide auto channel suppliers and retailers
a better solution to jumper cables and traditional car batteries in time for
the retail buying seasons. The mPower "Jump!" was designed under a
development agreement with the Porsche Design Studios, Austria..

The video demonstration of this game changing product can be seen on YouTube
at http://www.youtube.com/watch?v=gsZYhLURQ-o

With over 250 million automobiles in just the United States, the mPower
"Jump!" is targeted at a sizable mass market for regional and national
automotive retailers and e-tailors. "The 2013 SEMA Show has been a much
anticipated event for us as it represents the perfect showcase for gaining
distribution channels for the mPower "Jump!" Said Ron Durando, President and
CEO of mPower Technologies, Inc. "This is an ideal auto utility product that
brings easy to use, Power on Command™ in the event of being stranded with a
dead battery. "

Adobe Systems Inc. (NASDAQ: ADBE) reported financial results for its third
quarter of fiscal year 2013 ended Aug. 30, 2013. Third Quarter Financial
Highlights: - Adobe achieved revenue of $995.1 million, within its targeted
range of $975 million to $1.025 billion. The acquisition of Neolane during the
quarter contributed approximately $6 million of revenue to third quarter
results. - Diluted earnings per share were $0.16 on a GAAP-basis, and $0.32
on a non-GAAP basis. - Operating income was $110.4 million and net income was
$83.0 million on a GAAP basis. Operating income was $223.0 million and net
income was $164.4 million on a non-GAAP basis.- Cash flow from operations was
$215.5 million. - Deferred revenue grew by $42.7 million to a record $734.0
million. Read the full Q3 Report at
http://finance.yahoo.com/news/adobe-creative-cloud-surpasses-one-200500181.html

Intel Corporation (NASDAQ: INTC) has been reiterated by TheStreet.com Ratings
as a buy with a ratings score of B. The company's strengths can be seen in
multiple areas, such as its largely solid financial position with reasonable
debt levels by most measures, reasonable valuation levels, expanding profit
margins and notable return on equity. We feel these strengths outweigh the
fact that the company has had somewhat weak growth in earnings per share.
Read the full article at
http://www.thestreet.com/story/12039725/1/intel-corp-stock-buy-recommendation-reiterated-intc.html

NQ Mobile Inc. (NYSE: NQ), a leading global provider of mobile Internet
services, recently announced the release of "Music Radar," a revolutionary
content-based music information retrieval (MIR) application from one of its
subsidiaries, Yinlong. The app is now available in China for both Android and
iOS platforms, with plans for expanding the service into other countries in
the near future.

Micron Technology Inc. (NASDAQ: MU) News: Crucial is a global brand of Micron
Technology, recently announced the 64GB Crucial DDR3L Load-Reduced DIMMs
(LRDIMMs) for servers, which enable more DIMMs per channel for up to twice the
installed memory capacity per server. Additionally, these modules offer up to
a 35 percent increase in memory bandwidth per server compared to standard
DIMMs, and eliminate the channel ranking limitation of standard DDR3
registered DIMMs. The Crucial DDR3L LRDIMMs is designed for IT professionals
that manage high-end server environments with demanding workloads..

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