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

Friday, March 9, 2012

  • Posted at 6:46 AM
    Quest Software, Inc. (NASDAQ: QSFT) (the “Company” or “Quest”), today announced that it had entered into definitive agreements with affiliates of Insight Venture Partners (“Insight”), under which stockholders not affiliated with the buyout group would receive $23.00 per share in cash, valuing the Company at approximately ... read more
  • Boca Pharmacal Receives FDA Approval on Methimazole --- CORAL SPRINGS, Fla., March 9, 2012
    Posted at 6:45 AM
    Boca Pharmacal, Inc., today announced that it has received approval from the FDA of its Abbreviated New Drug Application (ANDA) for Methimazole Tablets USP, 5mg and 10mg, the generic version of King Pharmaceuticals' Tapazole(®) Methimazole tablets, indicated to treat hyperthyroidism. (Photo: "This is our first approval this year and we are expecting a second before the end of the first quarter," said Robert Edwards, CEO of Boca Pharmacal. "As our pipeline continues to mature and we come to the end of ... read more
  • Posted at 6:39 AM
    MEDIACOM BROADBAND LLC AND MEDIACOM LLC, wholly-owned subsidiaries of Mediacom Communications Corporation, today each reported unaudited financial and operating highlights for the three months and year ended December 31, 2011. These results for each of Mediacom Broadband LLC and Mediacom LLC remain subject to adjustments based ... read more
  • Posted at 6:30 AM
    NEW YORK, NY -- (Marketwire) -- 03/09/12 -- Daxor Corporation (NYSE Amex: DXR), a medical instrumentation and biotechnology company, today announced the filing of two additional patents for an automated instrument to measure human blood volume. These filings describe innovations to be incorporated into the company's BVA-100 Blood Volume Analyzer. These applications supplement the patent application filed 10/25/11 describing a Total Body Albumin Analyzer. Key innovations described in these two new patent application filed 3/9/12 include: An automated quality control ... read more
  • Posted at 6:30 AM
    SAN DIEGO, CA -- (Marketwire) -- 03/09/12 -- Ardea Biosciences, Inc. (NASDAQ: RDEA), a biotechnology company focused on the development of small-molecule therapeutics for the treatment of serious diseases, today reported recent accomplishments and announced fourth quarter and full-year 2011 financial results. "The proceeds of $157.6 million from our recent financing, added to our existing cash balance, put us in an excellent financial position," commented Barry D. Quart, PharmD, Ardea's president and chief executive officer. "We believe these resources should ... read more
  • Posted at 6:30 AM
    Sanmina-SCI Corporation (NASDAQ GS: SANM) is calling today for redemption on April 9, 2012 $100.0 million in aggregate principal amount of its 8.125% Senior Subordinated Notes due 2016 (the "Notes"). The aggregate principal amount of the Notes currently outstanding is $250.0 million. The CUSIP number for the Notes being called for redemption is 800907 AK3. Upon redemption, holders of the Notes being redeemed will receive $1,027.08 per $1,000 principal amount of Notes, plus accrued and unpaid interest ... read more
  • Posted at 6:30 AM
    Jinpan International Ltd (Nasdaq: JST), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment, today announced its participation in the following conferences: -- ROTH Capital Partner's 24th Annual OC Growth Stock Conference, to be held March 11-14, 2012 at the Ritz-Carlton Hotel in Laguna Niguel, CA. Management is scheduled to present at 10:30 a.m. PT on Monday, ... read more
  • Posted at 6:30 AM
    CANTEL MEDICAL CORP. (NYSE: CMN) announced today that Andrew A. Krakauer, President & CEO, will be presenting at the Sidoti & Company, LLC Sixteenth Annual Emerging Growth Institutional Investor Forum. The formal presentation is scheduled for 10:00 AM ET on Monday, March 19, 2012 at the Grand Hyatt New York. In addition, Mr. Krakauer will also be available for separate one-on-one meetings during the day. The presentation will be available on the Investor Relations section of the Company's website: ... read more
  • Green Dot to Acquire Loopt --- MONROVIA, Calif.
    Posted at 6:30 AM
    Green Dot Corporation (NYSE: GDOT), a provider of widely distributed, low-cost banking and payment solutions to a broad base of U.S. consumers, has entered into a definitive agreement to acquire Loopt, Inc., of Mountain View, California. The transaction is expected to ... read more
  • Source Refrigeration Names New President & CEO --- ANAHEIM, Calif., March 9, 2012
    Posted at 6:28 AM
    Source Refrigeration & HVAC announced today that Bruce Buchholz has been named as President & Chief Executive Officer, effective March 12, 2012. Buchholz replaces Lauren Abrams, who resigned as CEO of Source last month, for medical reasons. Lauren joined Source in 2009 as Chief Operating Officer and was named CEO in April 2011. Per Source Chairman, Brad Howard, "Lauren brought high energy, and a level of commitment that have been evident to all of those who had the privilege of ... read more
  • Posted at 6:15 AM
    For Client Reporting, Internal Reporting, and Data Integration - Merganser Capital Management and Varden Technologies celebrate their approaching decade-long relationship with even greater commitment to technical innovations. Jeffrey Addis, Merganser's Chief Operating Officer, shares, "As our $6.5-billion* firm seeks strategic growth, Varden Technologies remains a trusted partner in our operations and planning. We recognize Varden for their investment technology, data content, and internal, as well as client reporting, expertise. For us, they stand out for their strong client support and ... read more
  • Posted at 6:08 AM
    CompanionLink® Software announces their mobile CRM app, DejaOffice®, is compatible with the new Apple® iPad®. CompanionLink also offers desktop software that manages two-way synchronization of contacts, calendar, tasks and notes between popular desktop and cloud CRM software and the new Apple iPad ... read more
  • Posted at 6:06 AM
    Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted market leader for lecture capture, enterprise and event webcasting, today announced its partnership with EDUCAUSE and the NorthEast Regional Computing Program (NERCOMP) to webcast the NERCOMP annual conference March 13-14 in Providence, Rhode Island. NERCOMP is an association partner of EDUCAUSE aiming to enhance the communication and dissemination of information related to the use of computers, networks and information technology. Its focus is in education, academic research and educational administration in northeastern United ... read more
  • Posted at 6:04 AM
    Next Inning Technology Research (, an online investment newsletter focused on semiconductor and technology stocks, has published updated outlooks on Apple (Nasdaq: AAPL), MEMC (NYSE: WFR), Qualcomm (Nasdaq: QCOM), Texas Instruments (Nasdaq: TXN), and Cypress Semiconductor (Nasdaq: CY). Next Inning readers leverage the insight you can only get from an industry insider. Next Inning editor Paul McWilliams began his career in the tech industry in the mid-1970s and was selling Intel devices in 1976, long before Intel was inside ... read more
  • Posted at 6:01 AM
    CHICAGO, IL -- (Marketwire) -- 03/09/12 -- Arbour Group, a leading provider of analytical products and services for life sciences companies, exhibited at the Predictive Analytics Summit held on February 22-24 in San Diego, CA. The summit featured leaders and industry experts in the area of predictive analytics who spoke to the need for gaining insight from company data so as to achieve a competitive advantage. The Arbour Group exhibit featured Compliance Analytics. Compliance Analytics are essential for meeting regulatory ... read more
  • maaii Dials Up South By Southwest for US Launch --- AUSTIN, Texas, March 9, 2012
    Posted at 6:01 AM
    maaii, the global integrated communications app that allows users to make free calls or send free chat messages to your contacts and social network friends, today officially launched in the US market. The announcement is being made in conjunction with the 19th annual South By Southwest (SXSW) Interactive Festival as maaii introduces the app to globally connected influencers and the developer community in the US for the first time. Since launching internationally in January, nearly one million people worldwide now use ... read more
  • Posted at 6:00 AM
    Today FidoPharm® announced the launch of PetTrust(TM)Plus (ivermectin/pyrantel), the first and only generic prescription heartworm preventive medication launched for sale at retail pharmacies nationwide(1). PETTRUST Plus contains ivermectin and pyrantel, the same active ingredients, in the exact same concentrations, as HEARTGARD Plus, the #1 veterinarian recommended heartworm preventive medication, but costs up to 50 percent less. PETTRUST Plus prevents heartworms from developing and being able to reach a dog's arteries and heart; it is only available ... read more
  • Posted at 6:00 AM
    Human rights organization WITNESS and socially-conscious tech developers The Guardian Project will demo their latest visual and data protection mobile application at the South by Southwest Conference (SXSW) in Austin. The ObscuraCam v2 mobile app adds face-blurring functionality to mobile video on smartphones in an effort to support visual anonymity and privacy. It is the second mobile app to be released under the SecureSmartCam Project, a collaboration between WITNESS and The Guardian Project, which aims to help protect and verify the ... read more
  • HEX Expands iPad Offering With Code Folio --- OXNARD, Calif., March 9, 2012
    Posted at 6:00 AM
    On the heels of this week's iPad announcement, HEX, award-winning techcessories brand, today debuted its initial offering for Apple's newest tablet, the Code Folio for iPad. The folio, which is also compatible with the iPad 2, offers consumers a case that brings glamour to the gadget and substance to style, and reflects the brand's roots of merging design with tech functionality. "The Code Folio for iPad is a natural progression for our product offering, allowing us to apply the ... read more
  • Apollo Astronauts Offer a Blast in Online Charity Auction --- KENNEDY SPACE CENTER, Fla., March 9, 2012
    Posted at 6:00 AM
    Sip from vintage cocktails over dinner at the glamorous Beverly Hills' Polo Lounge with Apollo 11 Moonwalker Buzz Aldrin or grab a front row seat and VIP access to the action-packed Coke Zero 400 with one of only 12 men who have left footprints on the Moon. These once-in-a-lifetime opportunities are just a sampling of what several legendary astronauts are offering in the Astronaut Scholarship Foundation's (ASF) online charity auction that opened today at Pick from seven amazing Astronaut Experiences, ... read more