Tuesday, October 13, 2015 Last update: 9:33 AM
FreshNews.com - Covering Large & Obscure Tech Companies Since 1996

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

Wednesday, August 8, 2012

  • Posted at 9:00 PM
    Berlin Heart announced today that a study published in the current issue of the New England Journal of Medicine (NEJM) concludes that survival using the Company's EXCOR(®) Pediatric Ventricular Assist Device (VAD) is "significantly greater" than the standard-of-care (extracorporeal membrane oxygenation, or "ECMO") as a "bridging therapy" for children in need of a heart transplant. The principal author, Charles D. Fraser, Jr., M.D., Surgeon-In-Chief and Head of the Division of Congenital Heart Surgery at Texas Children's Hospital, and Professor of ... read more
  • Posted at 6:39 PM
    Cygames Inc., developer and operator of popular social games, today announced that the user base of Rage of Bahamut, Cygames' English-language social card game provided on Mobage's worldwide network (http://mobage.com), exceeded three million outside of Japan on August 7, 2012. ... read more
  • Posted at 6:09 PM
    Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: INFECTED MUSHROOM TEAMS UP WITH KINGSTON HYPERX TO PROMOTE U.S. TOUR, GIVE AWAY COOL PRIZES ... read more
  • Posted at 5:31 PM
    Neodyne Biosciences, Inc., today announced positive interim results from the REFINE Trial (Scar Prevention and the Clinical Effectiveness of a Novel Mechano-modulating Polymer,) a randomized control clinical trial designed to assess the efficacy and tolerability of the Embrace(TM) device for use in the management of closed hyper-proliferative (hypertrophic and keloid) scars. This interim analysis demonstrates the efficacy of Embrace therapy within one of the most challenging scar-prone surgical procedures, an abdominoplasty (tummy tuck). The results of the first ... read more
  • Posted at 5:27 PM
    Rackspace® Hosting, Inc. (NYSE: RAX) announced that it will host an investor conference call on Friday, August 10, 2012 at 11:30 a.m. ET. Lew Moorman, president of Rackspace, will discuss Rackspace’s open cloud strategy, OpenStack developments and related topics. An audio webcast will be available at ... read more
  • Posted at 4:51 PM
    Asia has the highest growth rate for digital English Language Training (ELT) products in the world at 21.0% and revenues will climb to $1.4 billion by 2016, according to a new report by Ambient Insight called "The Asia Market for Digital English Language Learning Products and ... read more
  • Posted at 4:41 PM
    James Q. Crowe, CEO of Level 3 Communications, Inc. (NYSE: LVLT), and Sunit Patel, executive vice president and CFO of Level 3, will present at the Oppenheimer 15(th )Annual Technology, Internet & Communications conference in Boston on Wednesday, Aug. 15. Mr. Crowe and Mr. Patel's investor presentation is scheduled to begin at approximately 9:45 a.m. ET. (Logo: http://photos.prnewswire.com/prnh/20111004/LA77008LOGO) Webcast information for the investor presentations can be found on Level 3's Investor Relations website at http://lvlt.client.shareholder.com/events.cfm. About Level 3 Communications Level 3 Communications, ... read more
  • Posted at 4:30 PM
    New York City Mayor Michael R. Bloomberg and Police Commissioner Raymond W. Kelly today announced a partnership with Microsoft Corp. designed to bring the latest crime prevention and counterterrorism technology capabilities to worldwide law enforcement, public safety and intelligence agencies, among others. (Logo: http://photos.prnewswire.com/prnh/20000822/MSFTLOGO) The NYPD teamed with Microsoft to develop the Domain Awareness System (DAS), a sophisticated law enforcement technology solution that aggregates and analyzes public safety data in real time, providing NYPD investigators and analysts with a comprehensive ... read more
  • Posted at 4:21 PM
    Coinstar, Inc. (Nasdaq: CSTR) announced that its Chief Executive Officer Paul Davis plans to present at the Canaccord Genuity Annual Growth Conference in Boston on Thursday, August 16, at 11:30 a.m. EDT. The presentation will be webcast live and archived on the Investor Relations section of Coinstar's corporate website at www.coinstarinc.com. About Coinstar, Inc. Coinstar, Inc. (Nasdaq:CSTR) is a leading provider of automated retail solutions offering convenient services that make life easier for consumers and drive incremental traffic and revenue for ... read more
  • Posted at 4:00 PM
    International Game Technology (NYSE: IGT), the global leader in driving technology innovations in the gaming industry, today announced that Virgin Mobile Casino has launched the IGT remote game server on their mobile devices. The initial offering includes top IGT mobile games Da Vinci Diamonds® and Cleopatra®, with more games slated to be released soon via the IGT Remote Game Server. Titles set to appear by the end of this year, include Elvis® A Little More Action®, Kitty Glitter®, Wolf Run® and ... read more
  • Posted at 4:00 PM
    Kingston Digital, Inc., the Flash memory affiliate of Kingston Technology Company, Inc., the independent world leader in memory products, today announced a sponsorship of Infected Mushroom’s U.S. tour, and a contest through which fans can win prizes. Since the late 1990s, Infected Mushroom has become one ... read more
  • Posted at 3:54 PM
    ESIS, Inc., (ESIS®), a risk management services company and member of the ACE Group, today announced the appointment of Lee W. Farrow as Senior Vice President, Client Services and Business Development. Mr. Farrow will oversee a range of essential functions within the organization including managing the ... read more
  • Posted at 3:54 PM
    PAREXEL International Corporation (Nasdaq: PRXL) announced today that James F. Winschel, Jr., Senior Vice President and Chief Financial Officer, will transition to the position of Executive Vice President at PAREXEL upon appointment of a new Chief Financial Officer. A search for Mr. Winschel's successor is currently underway, and both internal and external candidates are being considered. Mr. Winschel will continue to serve as Chief Financial Officer until his successor is appointed and will then help facilitate a smooth ... read more
  • Posted at 3:53 PM
    PAREXEL International Corporation (Nasdaq: PRXL) announced today that its Board of Directors has approved a stock repurchase program authorizing the repurchase of up to $200 million of the Company's common stock, subject to the consent of the Company's lenders. There is no set expiration date for the program. The Company intends to use cash on hand, cash generated from operations, existing credit facilities, or other financing to fund the share repurchase program. As of June 30, 2012, ... read more
  • Posted at 3:52 PM
    PAREXEL International Corporation (NASDAQ: PRXL) today reported financial results for the fourth quarter and fiscal year ended June 30, 2012. For the three months ended June 30, 2012 consolidated service revenue increased by approximately 26.4% to $392.6 million compared with $310.5 million in the prior year period. Excluding the negative impact from foreign exchange movements in the current quarter of $6.4 million, and approximately $0.5 million of revenue in the fourth quarter of the prior year related ... read more
  • Posted at 3:49 PM
    AT&T* today provided details of a tentative agreement AT&T Southeast (BellSouth Telecommunications) reached Aug. 7 with the Communications Workers of America in wireline contract negotiations. The agreement covers more than 22,000 wireline employees in Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee, and will be submitted to the CWA's membership for a ratification vote in coming days. Among provisions of the tentative agreements: -- General wage increases in each year of the contract for ... read more
  • /C O R R E C T I O N -- Cempra, Inc./ --- CHAPEL HILL, N.C., Aug. 8, 2012
    Posted at 3:40 PM
    Cempra, Inc. (Nasdaq: CEMP), a clinical-stage pharmaceutical company focused on developing antibiotics to meet critical medical needs in the treatment of bacterial infectious diseases, today reported financial results for the second quarter ended June 30, 2012. The company will host a conference call and webcast at 4:30 p.m. EDT, today. "We continued to make progress in our clinical programs during the second quarter," said Prabhavathi Fernandes, Ph.D., chief executive officer of Cempra. "We received comments on our proposed clinical ... read more
  • tw telecom to Present at Investor Conference --- LITTLETON, Colo., Aug. 8, 2012
    Posted at 3:30 PM
    tw telecom Inc. (NASDAQ: TWTC), a leading provider of managed services, including Business Ethernet, converged and IP VPN solutions for enterprises throughout the U.S. and globally, will present at the following conference: 15th Annual Oppenheimer Technology, Internet & Communications Conference Boston, MA, Tuesday, August 14th @ 10:25 am (EDT) Scheduled Speakers: Larissa Herda, Chairman, CEO and President Mark Peters, EVP and ... read more
  • Posted at 3:26 PM
    BMC Software (NASDAQ: BMC) today launched an enhanced Global Partner Program to help its partners to more effectively align BMC tools and technology with customer needs. The program facilitates collaboration across a global network of industry experts, enabling them to provide truly transformational IT ... read more
  • Posted at 3:22 PM
    Station Casinos LLC will hold a conference call at 1:30 PM (PDT) on August 15, 2012, to discuss the results of its operations for the second quarter. The conference call will consist of prepared remarks from the Company and will include a question and answer session. ... read more