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

Monday, November 21, 2011

  • NASA Awards New Protective Services Contract --- HUNTSVILLE, Ala., Nov. 21, 2011
    Posted at 1:13 PM
    NASA has awarded Excalibur Associates Inc. of Alexandria, Va., a contract to provide protective services at the Marshall Space Flight Center in Huntsville, Ala., and the Michoud Assembly Facility in New Orleans, La. (Logo: The firm-fixed-price contract begins January 1, 2012, with a nine-month base period, followed by four one-year options and a one three-month option which may be exercised at NASA's discretion. The performance period, including all options, has a total mission services price of $43.1 million and an ... read more
  • Posted at 1:12 PM
    Vuzix Corporation (TSX-V: VZX, OTC:BB: VUZI, FMB: V7X) ("Vuzix" or, the "Company") a leader in the design and manufacture of Video Eyewear products that provide users with portable high quality viewing experiences, today reported its Third Quarter results for the period ending September 30, 2011. Unless otherwise indicated, dollar amounts referred to herein are references to United States dollars. No regulatory authority has approved or disapproved the information contained in this news release. (Logo: ) Paul Travers, President and Chief Executive ... read more
  • Posted at 1:09 PM
    TIME Magazine has named Pratt & Whitney's PurePower® PW1000G engine as one of "The 50 Best Inventions of 2011," describing it as "the most important development in aviation in 2011." Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company. "We are very pleased to accept this recognition from TIME Magazine," said Paul Adams, senior vice president, Operations & Engineering, Pratt & Whitney. "The PurePower Geared Turbofan engine is setting a new standard in the industry for efficiency and environmental ... read more
  • Posted at 1:08 PM
    Bayer HealthCare LLC announced today that it has reached successful resolution whereby Eli Lilly and Company has agreed to a consent decree that would bar Eli Lilly from disseminating false information and painting a distorted picture about Bayer's support for veterinarians. "Bayer has always been and remains steadfast in its support for veterinarians," said Peter Ryan, Vice President and Head of Bayer Companion Animal Products. "We are gratified to have obtained this relief in court and we look forward ... read more
  • Posted at 1:07 PM
    The Minnesota High Tech Association (MHTA) has named Calabrio the winner of the 2011 Tekne Award in the Software – Small and Growing Company category. The Tekne Awards honor companies and individuals who play a significant role in developing new technologies that positively impact the lives ... read more
  • Posted at 1:07 PM
    As beautiful as the majestic mountains of upstate New York may be, travelers appear to be finding the intensely colorful paintings of a New York City artist even more alluring. According to TripAdvisor.Com, the number one attraction in New Paltz, New York is neither the Mohonk Preserve nor Minnewaska State Park, but the art gallery of painter DM Weil. (Photo: <font size="2" face="Arial"></font>) The irony of the situation is not lost on DM Weil, the contemporary abstract painter who recently ... read more
  • How You Can Help Fight a $1.1 Trillion Disease --- WASHINGTON, Nov. 21, 2011
    Posted at 1:06 PM
    In honor of Alzheimer's disease month, the Pharmaceutical Research and Manufacturers of America (PhRMA) produced a compelling video series highlighting the impact this devastating disease has on patients, caregivers and the U.S. health care system. To help raise awareness of the emotional and financial toll Alzheimer's has on caregivers, PhRMA will be contributing a dollar - up to $5,000 - for every Facebook "like" of our video featuring caretaker, Sabina Shalom, and her husband Mark, to the National Alliance for Caregiving. ... read more
  • Posted at 1:06 PM
    Ultragenyx Pharmaceutical, Inc., a biotechnology company focused on developing treatments for rare and ultra-rare genetic disorders, today announced that Tom Kassberg has joined the company as Chief Business Officer. Mr. Kassberg will be responsible for leading the company's business development and corporate strategic planning activities, as well as the human resources and legal affairs functions. Mr. Kassberg brings to Ultragenyx more than twenty years of experience in the pharmaceutical and biotechnology industries. Before joining Ultragenyx, Mr. Kassberg consulted with Corium International, ... read more
  • Posted at 1:05 PM
    PALO ALTO, CA -- (Marketwire) -- 11/21/11 -- HP (NYSE: HPQ) Fiscal 2011 non-GAAP net revenue of $127.4 billion, non-GAAP diluted earnings per share of $4.88 and free cash flow of $9.1 billion grew 1%, 7% and 8%, respectively, over the prior year Fiscal 2011 GAAP net revenue of $127.2 billion, GAAP diluted earnings per share of $3.32 and cash flow from operations of $12.6 billion Fourth quarter non-GAAP net revenue of $32.3 billion, non-GAAP diluted earnings per share ... read more
  • Posted at 1:05 PM
    SAN JOSE, CA -- (Marketwire) -- 11/21/11 -- Brocade® (NASDAQ: BRCD) today reported financial results for its fourth fiscal quarter and full fiscal year ended October 29, 2011. Brocade reported fourth quarter revenue of $550 million, representing an increase of over 9% quarter-over-quarter and up slightly year-over-year, and resulting in a diluted loss per share of $(0.01) on a GAAP basis and diluted earnings per share of $0.16 on a non-GAAP basis. During the fourth quarter, Brocade generated strong ... read more
  • Posted at 1:05 PM
    FREMONT, CA -- (Marketwire) -- 11/21/11 -- Lam Research Corporation (NASDAQ: LRCX) today announced its upcoming investor conference schedule: November 29, 2011 - Credit Suisse 2011 Annual Technology Conference, 1:30 p.m. Pacific Time December 8, 2011 - Barclays Capital 2011 Global Technology Conference, 11:00 a.m. Pacific Time A live webcast of the presentations will be available to the public and can be accessed from the Investors section of Lam's website at A replay of the webcasts will be available ... read more
  • Posted at 1:05 PM
    Nanometrics Incorporated (Nasdaq: NANO), a leading supplier of solutions for advanced process control, today announced the acquisition of Nanda Technologies, GmbH (“Nanda”) of Munich, Germany. Nanda has developed a high-throughput, high-sensitivity defect inspection technology for semiconductor manufacturing. With this acquisition, Nanometrics adds a ... read more
  • Posted at 1:05 PM
    Constant Contact®, Inc. (Nasdaq: CTCT), the trusted marketing advisor to more than 450,000 small organizations worldwide, today announced its chief executive officer, Gail Goodman, will present at the Credit Suisse 2011 Annual Technology Conference, to be held at the Phoenician Hotel in ... read more
  • Posted at 1:05 PM
    SGI® (NASDAQ: SGI), the trusted leader in technical computing, today announced that Jim Wheat, Chief Financial Officer, will present at the Barclays Capital Global Technology Conference at the Palace Hotel in San Francisco on Wednesday, December 7, 2011 at 2:00 p.m. Pacific Time. The public is invited to listen to a live webcast of the presentation on the Investor Relations section of the Company's website at A replay of the webcast will be available approximately two hours after the ... read more
  • Posted at 1:05 PM
    Delcath Systems, Inc. (NASDAQ: DCTH) announced today that the Company has entered into an initial launch and training agreement for the Delcath Hepatic CHEMOSAT(®) Delivery system with the European Institute of Oncology (Instituto Europeo di Oncologia---IEO), a premier European cancer treatment and research center located in Milan, Italy. Under the terms of the agreement, the Company will provide the IEO with logistics and clinical training support in the performance of chemosaturation therapy using the CHEMOSAT system. The Company expects to ... read more
  • Posted at 1:05 PM
    Science Applications International Corporation (SAIC) (NYSE: SAI) announced today that effective August 11, 2011 it was awarded a prime contract by Holly Refining & Marketing - Tulsa LLC to provide design-build services in support of its Tulsa refineries. The contract value is $38 million and the new facilities are scheduled to be completed in 2013. Work will be performed primarily in Tulsa, Okla. HRM - Tulsa purchased two existing and independent Tulsa refineries -- the Sunoco Refinery (now ... read more
  • Posted at 1:05 PM
    RadioShack Corp. (NYSE: RSH), a leading national retailer of innovative mobile and technology products, services and accessories, today announced that Robert E. Abernathy, 57, has been elected to the Company's Board of Directors. Mr. Abernathy is the North Atlantic consumer products group president for Kimberly-Clark Corp., a publicly traded global health and hygiene company, and has served that company in various capacities for almost three decades. Mr. Abernathy's election expands the Board's membership from eight to nine directors. Mr. Abernathy has ... read more
  • Posted at 1:03 PM
    Four new ground vehicle technical standards subscriptions are available from SAE International. Technical standards subscriptions are designed for companies, organizations and individuals who routinely need comprehensive, current information on key topics in mobility engineering. The four new online subscriptions are: -- Snowmobile Standards. This subscription includes all SAE International standards related to snowmobile parts and components. For additional information go to ... read more
  • Posted at 1:02 PM
    Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino-management, mobile and interactive solutions, and networked systems, today announced that Srini Raghavan, Vice President, has been named to oversee the Company’s games and systems activities in the Asia-Pacific ... read more
  • Posted at 1:01 PM
    comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced that Kenneth Tarpey, Chief Financial Officer, will present at the Credit Suisse 2011 Technology Conference in Scottsdale, Arizona. (Logo: <font size="2" face="Arial"></font>) The presentation is scheduled to begin at 9:00 am MT (11:00 am ET) on Wednesday, November 30, 2011. This presentation will be available via live audio webcast at and via replay from the same link beginning approximately one hour ... read more