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Company Tech News as it Breaks

The Best of U.S. Company Tech News - Updated Daily

Monday, August 9, 2010

  • Posted at 4:00 AM
    GAITHERSBURG, MD -- (Marketwire) -- 08/09/10 -- BroadSoft, Inc. (NASDAQ: BSFT), the leading provider of Internet protocol-based, or IP-based, communications services to the global telecommunications industry, today announced financial results for the quarter and six months ended June 30, 2010. Results for the three months ended June 30, 2010 Total revenue was $19.8 million in the second quarter of 2010, compared to $17.7 million in the second quarter of 2009, reflecting period over period growth of 11%. Net loss for the second ... read more
  • Posted at 4:00 AM
    WOODINVILLE, WA -- (Marketwire) -- 08/09/10 -- Quosal, Inc. has announced the release of Quosal for ACT!, an exclusive version of the Quosal product for users of ACT! by Sage, the world's No. 1 selling Contact and Customer Manager. Quosal offers market-leading features and technology for sales quote and proposal creation, delivery and management. Built with the same forward-looking Quosal technology that has won accolades from its customers, Quosal for ACT! is designed exclusively for ACT! users, with a new ... read more
  • Posted at 4:00 AM
    REDWOOD CITY, CA -- (Marketwire) -- 08/09/10 -- Coraid® Inc., a leading provider of scale-out storage solutions with more than 1,200 customers worldwide, today announced that it has tripled its worldwide sales bookings since raising a $10 million financing and re-launching the company in January of this year. Coraid attributes the growth to the introduction of its EtherDrive® SRX-Series of storage arrays, availability of new high-performance solutions for Windows, Solaris, and Linux environments, and the addition of senior ... read more
  • Posted at 3:58 AM
    Suspect Detection Systems Inc., (OTCBB:SDSS and SVF.BE), announced today that the company's subsidiary Suspect Detection Systems Ltd., a developer of counter terror and crime prevention technology, has sold multiple units of the Cogito rapid interrogation system to a human resource company operating in Central America and Mexico. The customer is an investigative enterprise that was recently established to provide clients with Cogito based services. Cogito technology will be used by the customer to conduct pre-employment applicant screenings, internal threat and loss prevention screenings, as well ... read more
  • Posted at 3:58 AM
    Corvil, a provider of latency management systems for electronic trading and market data, today announced that Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions has selected CorvilNet, Corvil's precision latency monitoring system, to monitor the latency performance for its global market data and trading infrastructure. Interactive Data will use the CorvilNet solution to proactively monitor the quality of market data received from global securities markets, and the performance and low-latency of client connectivity across the Interactive Data 7ticks network. ... read more
  • Posted at 3:52 AM
    AstraZeneca (NYSE: AZN) announced today that, as of August 9, it had reached agreements in principle on monetary terms with attorneys representing approximately 17,500 SEROQUEL product liability claimants in the United States for approximately $198 million. The agreements in principle are subject to agreement on non-monetary terms. (Logo: http://photos.prnewswire.com/prnh/20091027/PH99766LOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20091027/PH99766LOGO ) As of June 30, 2010, no provision had been made in respect of any settlements. Any provision would be disregarded in calculating Core earnings and, as such, the Company's ... read more
  • Posted at 3:41 AM
    LAS VEGAS, NV -- (Marketwire) -- 08/09/10 -- VisualMED Clinical Solutions Corp. (The "Company") (PINKSHEETS: VMCS) (FRANKFURT: VA6.F) is now offering its content rich highly-efficient safety and drug compliance system to pharmacies and drugstores. A full range of pharmacy-specific applications is now available for deployment, and will help drugstores consolidate relationships with clients and referring physicians. Using the Visual Pharma application, pharmacists can provide better health management services to patients, including tracking medication compliance and home care monitoring, especially for ... read more
  • Posted at 3:30 AM
    Osteotech, Inc. (Nasdaq: OSTE), a leader in the emerging field of biologic products for regenerative healing, today reported financial results for the second quarter ended June 30, 2010. "We are very proud of our organization's efforts this quarter that resulted in strong sales growth and a return to profitability," said Sam Owusu-Akyaw, President and Chief Executive Officer of Osteotech. "Our results this quarter are indicative of the market's increasing interest in our leading-edge portfolio of procedure-specific biologics and the superior ... read more
  • Posted at 3:30 AM
    Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease, today updated the progress of its drug development programs and reported financial results for the three and six months ended June 30, 2010. "The newly-obtained data from our Phase 2a study in diabetes has provided insight into the unique, dual mechanism of action of LX4211, reinforcing our first-in-class, best-in-class business strategy for further development of this promising diabetes drug candidate," said Dr. Arthur ... read more
  • Posted at 3:30 AM
    Akamai Technologies, Inc. (Nasdaq: AKAM), the leading provider of cloud optimization services, today announced support for Domain Name System Security Extensions (DNSSEC). Offered as a fully-managed service, the solution is designed to help United States government agencies simplify compliance with the Office of Management and Budget (OMB) mandate to adopt the DNSSEC standard. (Logo: http://photos.prnewswire.com/prnh/20100225/AKAMAILOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20100225/AKAMAILOGO ) Available immediately for new and existing customers of Akamai's Enhanced Domain Name System (EDNS) offering, the service is designed to ... read more
  • Posted at 3:30 AM
    ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation networking solutions, today announced that Oxford Networks, a telecommunications company providing phone, Internet and data services to businesses and residents across the state of Maine, has selected ADTRAN’s flagship product, the Total ... read more
  • Posted at 3:10 AM
    At age 70, prominent former attorney Richard I. Fine has spent seventeen months in solitary "Coercive Confinement," incarcerated for Civil Contempt of Court following his attempt to disqualify California State Superior Court Judge David P. Yaffe. The Judge admitted taking illegal payments from a party to the case (Marina Strand Colony II Homeowners Assn. v. County of Los Angeles), failed to disclose such and provided false information in court documents. http://www.fulldisclosure.net/Documents/YaffeAdmissionTranscript.pdf JUDICIAL & POLITICAL CORRUPTION IN CALIFORNIA The Full Disclosure ... read more
  • Posted at 3:05 AM
    DISH Network Corporation (Nasdaq: DISH) today reported total revenue of $3.17 billion for the quarter ended June 30, 2010, a 9.1 percent increase compared with $2.90 billion for the corresponding period in 2009. Net income attributable to common shareholders totaled $257 million for the quarter ended June 30, 2010, compared with $63 million during the corresponding period in 2009. Basic earnings per share were $0.57 for the quarter ended June 30, 2010, compared with basic earnings per share of $0.14 during ... read more
  • Posted at 3:02 AM
    Reprints Desk, Inc., today announced the launch of the company's first social responsibility program in which Reprints Desk will contribute a portion of every transaction - single article document delivery for research and bulk copies of scientific journal articles ("reprints") for medical marketing and sales - to help non-profit organization Room to Read establish libraries in developing nations in support of literacy and gender equality in education. The company, which delivered more than five million articles with other Derycz ... read more
  • Posted at 3:00 AM
    Savvis, Inc. (Nasdaq: SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that Jim Ousley, chairman and chief executive officer, and Bryan Doerr, chief technology officer, will be presenting at investor conferences in August and September. August 10: Oppenheimer's Annual Telecommunications, Media & Technology Conference -- Bryan Doerr will present at 3:20 p.m. ET September 15: Bank of America/Merrill Lynch 2010 Media, Communications & Entertainment Conference -- Jim ... read more
  • Posted at 3:00 AM
    Chindex International, Inc. (Nasdaq: CHDX), a leading independent American provider of Western healthcare products and services in the People's Republic of China, today announced financial results for the first quarter of fiscal year 2011, which reflects the three month period ended June 30, 2010. First Quarter 2011 Financial Results Revenue in the first quarter of fiscal 2011 reflected continued growth in the Healthcare Services division offset by lower year over year revenue performance in the Medical Products division. Revenue from ... read more
  • Posted at 3:00 AM
    The Texas A&M University System's workers' compensation pharmacy benefit management strategy with Tampa, FL based myMatrixx, which integrates clinical pharmacy services with advanced technology to optimize recovery outcomes, features a collaborative connectivity arrangement assuring continuation of the Texas A&M System's compliance with state eBilling requirements. Jopari Solutions, a leading supplier of eBill Processing and Gateway Services to the Texas Workers' Compensation community, is deploying Pharmacy Network transaction connectivity linking myMatrixx and Starr Comprehensive Solutions, the Texas ... read more
  • Posted at 3:00 AM
    The International Society of Aesthetic Plastic Surgery (ISAPS) is a world leader in plastic surgery. After a year-long process, the Society has produced the "ISAPS Biennial Global Survey(TM)" of plastic surgeons and procedures in the top 25 countries and regions - representing 75% of all procedures in 2009. The ISAPS Survey marks the first time reliable international plastic surgery data has been obtained and analyzed by independent statistical specialists. "This year marks the 40th anniversary of the founding of ... read more
  • Posted at 3:00 AM
    A study released today by Thomson Reuters found that Catholic and other church-owned health systems demonstrated significantly better, more efficient care than for-profit health systems. Catholic health systems also were found to provide significantly higher quality than secular not-for-profit health systems. For-profit systems had the lowest performance among the four types of ownership. A total of 255 U.S. health systems with two or more short-term, general, non-federal hospitals were assessed. Researchers looked at eight metrics that address clinical quality and efficiency: mortality, ... read more
  • Posted at 3:00 AM
    ViewCast Corporation (OTC Bulletin Board: VCST), a developer of industry-leading solutions for the transformation, management and delivery of digital media over enterprise, broadband, and mobile networks, will release before the market opens on Monday, August 16, 2010, financial results for the second quarter and six months ended June 30, 2010. A conference call with management is scheduled for 11:30 a.m. Eastern that same day to discuss the Company's financial results, business strategy and outlook for 2010. The call may be ... read more