Industry News

EchoStar Mobile Limited, a subsidiary of EchoStar Corporation, has appointed Dr. Peter Couch, a veteran with 15 years' industry experience and a successful background in strategy and policy, as its new Director of Policy and Regulatory Affairs for Europe. Peter will report to Jennifer A. Manner, senior vice president of regulatory affairs."/>
EchoStar Mobile Appoints Peter Couch as Director of European Policy and Regulatory Affairs
ANSYS has reached an agreement with Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, engines, industrial turbines and diesel-electric locomotives, for software that allows for multiphysics analysis to be performed on a single engineering simulation solution platform. ANSYS software empowers heavy equipment manufacturing companies to better solve some of the industry's toughest design..."/>
Caterpillar To Deploy ANSYS Engineering Simulation Software
Redknee Solutions Inc., a leading provider of real-time monetization and subscriber management software, is pleased to announce that it has won a multi-million dollar contract to upgrade a major Tier 1 communication service provider in Europe to the latest release of the Redknee Unified Application Server, part of Redknee's monetization and subscriber management suite. Redknee Unified is deployed in the CSP's virtualized data center and supports..."/>
Redknee Wins VoLTE Upgrade With Tier 1 Operator in Europe
Avnet, Inc. today announced results for the fourth quarter and fiscal year 2016 ended July 2, 2016.. Sales of $6.2 billion, down 8% year over year and consistent with outlook Adjusted diluted earnings per share of $0.86; diluted earnings per share of $0.75 Repurchased $46.8 million in stock, paid $21.6 million in dividends Announced cash offer to acquire Premier Farnell plc. “In the June quarter, our Technology Solutions group delivered seasonal sequential growth while..."/>
Avnet Reports Fourth Quarter and Fiscal Year 2016 Results
comScore today announced that its Board of Directors has named company co-founder Gian Fulgoni as its Chief Executive Officer. Fulgoni most recently served comScore as Chairman Emeritus, a role he has held since 2014, and he will continue to serve on the Board. Fulgoni previously served as the company's Executive Chairman of the Board from 1999 to March 2014 and has been a member of the Board since 1999."/>
ComScore Board Names Co-Founder Gian Fulgoni as Company's Chief Executive Officer
Sunworks, Inc., a provider of solar power solutions for commercial and residential markets, today announced financial results for the quarter and six months ended June 30, 2016, and increased its full-year guidance. Record total revenue of $31.5 million, up 186% year-over-year due primarily to acquisition of Elite Solar and organic growth; 59% sequential revenue growth Gross Margins at 29.4% despite higher commercial business mix in the quarter Net..."/>
Sunworks Reports Record Second Quarter Revenue of $31.5 Million and Raises Full-Year Revenue Guidance
Mitek, a global leader in mobile capture and identity verification software solutions, today announced that it has been issued U.S. Patent No. 9,373,030 by the U.S. Patent and Trademark Office for advanced mobile ID document classification technology."/>
Mitek Awarded New Patent for Innovative ID Document Classification Technology
CYREN today announced its second quarter 2016 financial results for the period ending June 30, 2016.. "CYREN turned in a solid second quarter financial performance, resulting in the fourth straight quarter of top line revenue growth, while beating our expectations for bottom line results," said Lior Samuelson, CEO and Chairman of the Board at CYREN. "We continue to see increased demand for our cybersecurity products, most notably CYREN..."/>
CYREN Reports 2016 Second Quarter Financial Results
American Families Seek Guidance on Paying Nannies
Computer Modelling Group Ltd. is very pleased to report our first quarter results for the three months ended June 30, 2016.. First Quarter Highlights Three months ended June 30, 2016 2015$ change% change-------------------------------------------------------------------------------------------------------------------------------------------------------- Annuity/maintenance software licenses 16,893 16,738 155 1% Perpetual software licenses 579 2,563 -77% Total revenue 18,817 21,440 -12% Operating profit 8,975 10,494 -14% Net income 6,814 6,801 13 0% Earnings per share- basic 0.09 0.09- 0%--------------------------------------------------------------------------------------------------------------------------------------------------------."/>
Computer Modelling Group Announces First Quarter Results
New Relic Achieves AWS Migration Competency with Proven Customer Success. SAN FRANCISCO---- Software analytics leader New Relic, Inc. announced that Fairfax Media, a leading multi-platform media company in Australia and New Zealand, standardized their monitoring with New Relic. Fairfax joins thousands of companies who trust New Relic to support their cloud initiatives running on Amazon Web Services."/>
New Relic Helps Fairfax Media Grow Application Footprint on Amazon Web Services
Cypress Semiconductor Corp announced on Tuesday the approval by its board of directors of a quarterly cash distribution of USD0.11 per share. This cash dividend is payable on 20 October 2016, to holders of record of the company's common stock at the close of business on 29 September 2016.. Also, for US income tax purposes, Cypress will make a determination as to whether 2016 distributions are to be treated as a return of capital or a dividend after the company's 2016 fiscal year end."/>
Cypress’ board approves USD0.11 per share quarterly cash dividend
Sonus Networks Inc, a provider of secure and intelligent Cloud communications, announced on Tuesday that the Sonus SBC 5110, SBC 5210 and SBC 7000 are now Federal Information Processing Standard 140-2 validated. With this validation, these Sonus products now enable government and other regulated customers to utilise its SBCs to secure mission-critical communications. Reportedly, FIPS 140-2 is mandated for US government and military use and is the standard for regulated..."/>
Sonus announces FIBP 140-2 validation for its SBCs
Anixter International Inc. today announced that Ted Dosch, Executive Vice President– Finance and Chief Financial Officer of Anixter, will participate in the following upcoming conferences:. On Wednesday, August 17, 2016, Mr. Dosch will participate in investor meetings at the ITG Milwaukee Industrials Management Access Day in Milwaukee, WI On Tuesday, August 30, 2016, Mr."/>
Anixter to Present at Upcoming Conferences
USA Technologies, Inc., a premier payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, today announced the initial results of an expanded agreement with Coastal Canteen Vending and Food Services Inc.. USAT is currently upgrading the company’ s 1500 machines to its..."/>
Coastal Canteen Vending and Food Services Inc. Expands Relationship with USA Technologies; Signs on for Premium Support Service Offerings
Comtech Telecommunications Corp announced on Tuesday that during its fiscal 2016 fourth quarter, its Government Solutions segment received a USD7.6m funded order for its Secret Internet Protocol Router and Non-Secure Internet Protocol Router Access Point Very Small Aperture Terminal satellite systems. To date, Comtech said it has received USD49.5m of funded orders against the USD91.0m contract ceiling. The US Army Project Manager for the Warfighter Information..."/>
Comtech Telecommunications awarded USD7.6m in funding by US Army to supply hardware
D-Link today announced the new Wireless PoE Outdoor Access Point. Available now, the DAP-3320 is built to withstand outdoor environments, and expands the coverage and signal strength of any wireless network. Offering a high output power design, Power over Ethernet support, extensive manageability, versatile operation modes, and solid security enhancements, the Wireless PoE Outdoor Access Point provides small- to medium-sized..."/>
D-Link Announces New Wireless PoE Outdoor Access Point for Demanding Business Applications
PAR Technology Corporation announced on Tuesday the award of a five-year, USD13.6m contract from the US Navy to its indirect wholly-owned subsidiary, Rome Research Corporation. Under this contract, RRC will provide Teleport Commercial Satellite Terminal services at the Global Information Grid facility in Lago Patria, Italy, and other remote locations. Reportedly, the GIG is the global network of information capabilities, processes and personnel for collecting, processing,..."/>
PAR Technology’s subsidiary awarded USD13.6m contract by US Navy in Italy
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