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

Wednesday, August 31, 2011

  • Posted at 4:45 AM
    ORTHOCON, Inc., a privately-held therapeutic device company, today announced the signing of an exclusive, worldwide license agreement with Bezwada Biomedical to develop and commercialize Bezwada's technology for bone applications. Bezwada Biomedical is an innovation-driven company with proprietary technology platforms comprised of bioabsorbable and biocompatible polyurethanes and polyamides derived from hydrolyzable isocyanates. This technology can be utilized to create absorbable surgical devices for a variety of applications including structural support, fixation, and drug delivery, with the potential to address significant ... read more
  • Posted at 4:35 AM
    Sevis Systems, Inc., a global provider of mobile backhaul and signaling solutions, today announced receipt of a multi-million dollar award from China Mobile to provide A.bis optimization across 1100 sites in China. Prior to receiving the award, Sevis underwent rigorous testing by China Mobile, and was certified against all of their RAN vendors including Ericsson, Nokia-Siemens, Huawei, Alcatel-Lucent, Motorola, Nortel, and ZTE. The Sevis 6000 Series is purpose-built for mobile backhaul applications and includes redundant power supplies, hot swappable ... read more
  • Posted at 4:31 AM
    Assured Pharmacy, Inc. (Pink Sheets: APHY, the "Company"), a growing chain of specialty pharmacies that provide advanced prescription services to a diverse array of medical professionals and their patients, announced today that it sold in a private placement to an accredited investor a 16.0% (per annum) senior convertible debenture for an aggregate principal amount of $400,000 due December 1, 2012. The debenture is convertible into 317,460 shares of the Company's common stock at an initial conversion price of $1.26 ... read more
  • Posted at 4:30 AM
    Revolution Capital Group, a Los Angeles based private equity firm, has today announced a majority investment in the Capital Exchange, or CapXG, an interactive, web-based, networking site serving the financial community. The company connects Investment Banks, Private Equity firms, Hedge Funds, M&A professionals and lending institutions ... read more
  • Posted at 4:30 AM
    Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., was awarded by the Missile Defense Agency (MDA) its Objective Simulation Framework (OSF), an IDIQ contract with a potential value of $595 million over five years beginning September 1, 2011. ... read more
  • Posted at 4:30 AM
    Network security provider Stonesoft today announced that Perket has leveraged Stonesoft’s full suite of security solutions to expand its managed service offering as well as cut network administration times by more than half. The managed security services provider (MSSP) exclusively uses Stonesoft’s StoneGate security solutions, and ... read more
  • Posted at 4:30 AM
    Celgene Corporation (NASDAQ: CELG) announced its presentations at three upcoming investor conferences will be webcast live and will be available in the investor relations section of the Company’s Web site at www.celgene.com. Celgene management will provide an overview of the Company. ... read more
  • Posted at 4:30 AM
    OrbiMed, a leading investment management firm focused on the healthcare sector, today announced the final closing of a new fund that acquires healthcare royalty streams and provides structured debt capital to healthcare companies. The fund, the “Royalty Opportunities S.àr.l.”, is domiciled in Luxembourg and will invest ... read more
  • Posted at 4:30 AM
    Salesforce.com Dreamforce Conference – Zyme Solutions announced the availability of extended analytics dashboards in ChannelView for Salesforce CRM. Built on Force.com, salesforce.com’s social enterprise platform for employee apps, Zyme ChannelView provides rapid and accurate channel visibility for global technology companies. Powered by QlikView, ... read more
  • Posted at 4:30 AM
    Blackboard Inc. (Nasdaq: BBBB), today announced the launch of a cloud-based learning management solution developed specifically for corporations focused on sales training and professional development. Fully integrated into Salesforce CRM, Blackboard Learn(TM) for Sales, is designed to align employee development programs with key corporate priorities and business goals by allowing sales reps, business partners and service teams to directly enroll in and complete training courses on Blackboard's flagship learning management platform. The announcement was made today at Dreamforce 2011, the cloud ... read more
  • Posted at 4:30 AM
    CPI Corp. (NYSE: CPY) today reported results for the fiscal 2011 second quarter ended July 23, 2011. -- Fiscal 2011 second-quarter sales declined 7% to $70.9 million from $76.4 million in the prior-year second quarter. -- Second-quarter PictureMe Portrait Studio® brand comparable store sales, described herein, decreased 16% versus the ... read more
  • Posted at 4:30 AM
    IceWEB, Inc.(TM) (OTCBB: IWEB), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that the entire IceWEB product line of Unified Storage Platforms now ship with Hybrid Array technology(TM) (HAT). This technology creates another layer of cache between the ARC (Adaptive Replacement Cache) and the hard disk drives. Called L2ARC (Second Level Adaptive Replacement Cache), it contains data that was in the ARC but hasn't been accessed in a quantified ... read more
  • Posted at 4:30 AM
    PwC US is participating in discussions about enterprise cloud transformation at salesforce.com's Dreamforce 2011 conference (www.dreamforce.com). The conference is held Aug. 30 - Sept. 2, 2011 at the Moscone Center in San Francisco. PwC, a gold sponsor of the event, is at booth 1214 in the Dreamforce Expo. (Logo: http://photos.prnewswire.com/prnh/20100917/NY66894LOGO ) "Cloud computing has had a broad effect on the role of IT," said Mark McCaffrey, PwC's Salesforce.com practice leader. "Business complexity and broader technology adoption have forced a shift in the ... read more
  • Posted at 4:30 AM
    SAN FRANCISCO, CA -- (Marketwire) -- 08/31/11 -- Salesforce.com Dreamforce Conference -- VirtuOz, Inc., a leading provider of intelligent virtual agents (IVAs) for online customer service, today announced the availability of VirtuOz IVAs on the AppExchange. Designed to help companies create a new online customer engagement model that provides world-class customer support on the Salesforce Service Cloud, the VirtuOz IVA for AppExchange is immediately available for a test drive and deployment at http://appexchange.salesforce.com/listingDetail?listingId=a0N30000004gCsCEAU. The announcement was made today at ... read more
  • Posted at 4:30 AM
    SAN FRANCISCO, CA -- (Marketwire) -- 08/31/11 -- Salesforce.com Dreamforce Conference - Luma Technologies, a global provider of cloud-based, localized marketing and sales tools, today announced the availability of the Luma platform on the Salesforce AppExchange. Built using Force.com, salesforce.com's enterprise cloud computing platform for building employee social apps, Luma Technologies' App is immediately available for test drive and deployment on AppExchange at http://www.salesforce.com/appexchange/. The announcement was made today at Dreamforce 2011, the cloud computing event of the ... read more
  • Posted at 4:18 AM
    Metadigm Services, a utility services company specializing in Advanced Metering Infrastructure(AMI) services to utilities, announced today a one-year partnership with Electric Cities of Georgia(ECG) to provide MetaTest Revenue Site Maintenance, or current transfer(CT) meter testing services, to its 51 municipal electric utilities in Georgia. ... read more
  • Posted at 4:17 AM
    As millions of children head back to the classroom, parents are looking for every opportunity to help them be successful in school and in life. On the new edition of Healthy Vision(TM) with Dr. Val Jones, top national experts discuss how early identification of vision problems and different types of vision correction can impact a child's self esteem, confidence and performance. According to the American Optometric Association (AOA), one-in-four school-aged children suffer from an undetected or untreated vision problem. While most ... read more
  • Posted at 4:16 AM
    The global market for orthobiologics was valued at $4.3 billion in 2009, and is set to reach $9.6 billion in 2016, representing a CAGR of 12%. Bone graft substitutes will remain the largest segment in the market, with a value of $5.3 billion by 2016. Growth ... read more
  • Posted at 4:02 AM
    Octoshape ApS, an industry leader in cloud-based global streaming technologies, announced today that it has teamed with ON24, the global leader for webcasting and virtual events solutions for corporate communications, to offer a groundbreaking solution for internal video applications deployed ... read more
  • Posted at 4:00 AM
    Hildebrando, the leading nearshore provider of Systems Integration, Application Development, Cloud Solutions, Information Management Services, and BPO, announced today that David Sanders has joined the firm as the CEO of Hildebrando USA, the North American arm of the company. ... read more