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

Thursday, March 15, 2012

  • Posted at 10:00 PM
    Sony Computer Entertainment Inc. (SCE) has been recognized for innovative design by the prestigious red dot awards by Germany's Design Zentrum Nordrhein Westfalen. With more than 4,500 entries from over 58 countries and regions this year, the red dot design awards reach more advocates of good design than any other design competition. Judged by an independent jury of 30 international experts, the following products were successful in winning red dot awards for design quality: PlayStation®Vita (PS Vita), Wireless Stereo ... read more
  • Posted at 8:54 PM
    Ormat Technologies, Inc. (NYSE: ORA) today announced that it has been informed by Ormat Industries, Ltd., its parent entity ("Ormat Industries"), of a transaction by and among Bronicki Investments Ltd. ("BIL"), the controlling shareholder of Ormat Industries, and FIMI ENRG Limited Partnership, a newly formed Israeli partnership and FIMI ENRG, a new formed Delaware partnership, both controlled by FIMI Opportunity IV (collectively, "FIMI"), to sell part of BIL's interest in Ormat Industries. Ormat Industries described the BIL FIMI transaction ... read more
  • /C O R R E C T I O N -- Great Wall Club Inc/ --- SAN FRANCISCO, March 15, 2012
    Posted at 8:48 PM
    Tencent announced its future strategy to build up closer partnerships with Apple on March 9th at the Mobile Game Innovation and Startup with China event, hosted by Great Wall Club, a dynamic international network with a rapidly growing C-level member base in the Mobile Internet industry, and, the most popular blogging website focusing on Internet startups in China. This event, as an ancillary event of the Game Developers Conference - the top game summit in San Francisco - has ... read more
  • Posted at 6:37 PM
    SYNNEX Corporation (NYSE:SNX), a leading business process services company, will announce fiscal first quarter results for the period ended February 29, 2012 after market close on Tuesday, March 27, 2012. A conference call will be held to discuss the results at 2:00 p.m. PT and will ... read more
  • Alorica Hiring 400 More --- COLORADO SPRINGS, CO
    Posted at 6:36 PM
    COLORADO SPRINGS, CO -- (Marketwire) -- 03/15/12 -- Alorica (, a leading provider of customer management outsourcing solutions, announced today they are hosting a job fair this Saturday to hire 400 call center positions for its Colorado Springs, CO location. The Colorado site, previously a Ryla facility, is now an Alorica facility. "We are excited to have a new brand in the community with a new image," says Site Director Phil Sanchez. "It is a very exciting time at ... read more
  • Posted at 6:08 PM
    Spectrum Brands, Inc. ("Spectrum Brands"), a subsidiary of Spectrum Brands Holdings, Inc. (NYSE: SPB), announced today that it will sell $300 million aggregate principal amount of 6.750% Senior Notes due 2020 (the “Notes”) at a price of 100.00% of the par value. The Notes will be ... read more
  • Posted at 5:29 PM
    The Ultimate Drive App for the iPhone and Android devices ( or can now lead BMW Financial Services customers to not only some great roads across the U.S., but today through June 30, 2012 it can lead to a BMW dealer, a test drive and a $300 credit towards the first payment on a new 2012 BMW 3 Series. "This is a simple thank you to our loyal BMW Financial Services customers while at the same time demonstrating the ... read more
  • Posted at 5:02 PM
    Sierra Nevada Corporation (SNC) has been awarded a $56 million contract by the United States Army to manufacture SNC's Mobile Tower System (MOTS). The contract will include the production of ten Mobile Tower Systems (MOTS), as well as engineering and logistics services. "The MOTS will provide the U.S. Army with a modern, state-of-the-art mobile air traffic control tower and solar powered airfield lighting system. Once fielded, MOTS will enable an increased capability and higher operational readiness rate for our ... read more
  • Posted at 4:18 PM
    TORRANCE, CA -- (Marketwire) -- 03/15/12 -- TRENDnet, a best-in-class wired and wireless networking hardware brand, today announces the availability of the 4-Port 500Mbps Powerline AV Adapter with four integrated Gigabit ports, model TPL-405E. New media center devices such as internet televisions, media players, network video recorders, receivers, and game consoles are now network ready -- respective devices are capable of connecting to and streaming HD files directly from the Internet. TRENDnet's 4-Port 500Mbps Powerline AV Adapter connects up ... read more
  • Posted at 4:06 PM
    Sigma-Aldrich Corporation (Nasdaq: SIAL) recently completed a 57,000-square-foot expansion of its Bangalore, India, campus. The expansion, which includes an expanded distribution center and new packaging facility, enhances the Company's distribution capabilities in the Asia-Pacific region, increasing operational excellence in one of the industry's key markets. The new additions complement existing R&D, custom synthesis and manufacturing infrastructure and expand a localized approach to better support customers in India as well as the Asia-Pacific region. (Logo: "Sigma-Aldrich has built a strong foundation, ... read more
  • Posted at 3:55 PM
    Tencent announced its future strategy to build up closer partnerships with Apple on March 9th at the Mobile Game Innovation and Startup with China event, hosted by Great Wall Club, a dynamic international network with a rapidly growing C-level member base in the Mobile Internet industry, and, the most popular blogging website focusing on Internet startups in China. This event, as an ancillary event of the Game Developers Conference - the top game summit in San Francisco - has ... read more
  • Posted at 3:37 PM
    The United States Playing Card Company, the makers of Bicycle® Playing Cards, is proud to announce the launch of Jacked Up! card games, a new interactive twist on traditional playing card games. Jacked Up! card games combine traditional playing cards with a digital application that changes the rules with every hand. In the digital application the "Joker", known as Jack, interacts with players throughout the game twisting the rules. (Photo: Each Jacked Up! card game package includes a special ... read more
  • Posted at 3:35 PM
    IntraLinks Holdings, Inc. (NYSE: IL), a leading provider of critical information exchange solutions, today announced that IDG's Computerworld has recognized IntraLinks as a 2012 Honors Laureate. The annual award program recognizes visionary applications of information technology promoting positive social, economic and educational change. IntraLinks' case study was nominated by Morgan Stanley in the Innovations category and selected for specific recognition by a panel of distinguished judges from across the IT industry. "There's no question technology plays a vital role in ... read more
  • Posted at 2:42 PM
    Omeros Corporation (NASDAQ: OMER), a clinical-stage biopharmaceutical company committed to discovering, developing and commercializing products targeting inflammation, coagulopathies and disorders of the central nervous system, today announced financial results for the fourth quarter and year ended December 31, 2011. Financial Results Total operating expenses for the three months ended December 31, 2011 were $11.0 million, compared to $9.5 million for the same period in 2010. The increase in operating expenses was primarily due to higher clinical trial expenses related to the Company's ... read more
  • Posted at 2:40 PM
    MRV Communications, Inc. (OTCQB: MRVC) (“MRV” or the “Company”), a leading provider of optical communications network infrastructure equipment and integration and managed services, today announced financial results for the quarter and year ended December 31, 2011. Commenting on the ... read more
  • Double D Ranch to Partner with Wounded Warrior Project --- BOSSIER CITY, La., March 15, 2012
    Posted at 2:40 PM
    Double D Ranch Grill & Bar announced they will host a fundraiser to benefit the Wounded Warrior Project. The restaurant aims to donate a percentage of sales from 5 p.m. to close on Tuesday, March 20, 2012. Veterans and active duty military are encouraged to attend and wear uniforms to mark the effort. The restaurant, which already offers a 20% discount with Military ID every Monday, anticipates a successful event. "It's a great opportunity for the community to come together, support ... read more
  • Posted at 2:33 PM
    Vitech Systems Group, a leading provider of insurance and investment administration software, announced today that the African Development Corporation (ADC) has selected Vitech's software as its new fund administration system. Located in Mauritius, ADC focuses on banking, insurance and other proprietary investments in sub-Saharan Africa. The company selected Vitech's software for its powerful functionality, multi-national capabilities and ease of deployment. ADC will access Vitech's software globally as a SaaS application in Vitech's private cloud. "We are so pleased to have ... read more
  • Posted at 2:30 PM
    Wordsmith Media, Inc. (Pink Sheets:WDIS - News) announced today that the company has acquired 49% of the publishing company Highland Loch Press for 1 million shares of Wordsmith restricted stock. The purpose of the acquisition is to strengthen Wordsmith Media's e-publishing ability in the rapidly evolving publishing environment which has recently seen the biggest changes in the history of the industry. "The company continues to seek new ways to be a viable player in the media world as the mechanisms ... read more
  • Posted at 2:30 PM
    CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today announced that it will redeem the entire balance of its 7% Series C Senior Unsecured Notes (“7% Notes”) maturing in 2015 ... read more
  • Viamedia to Represent LUS Fiber in Lafayette, LA --- LEXINGTON, Ky., March 15, 2012
    Posted at 2:29 PM
    Viamedia, the cable industry's leading independent cable rep firm, today announced they have been selected by LUS Fiber to represent their local, regional & national advertising in Lafayette, LA. (Logo: LUS Fiber, a division of Lafayette Utilities System, is a community-owned telecommunications company in Louisiana. LUS Fiber, in the final stages of technical implementation, and Viamedia will begin offering advertising opportunities on 46 networks to the Lafayette buying communities starting in April. "LUS Fiber has made impressive strides with video ... read more