TORONTO, ONTARIO — (Marketwire) — 08/26/11 — Newlook Industries Corp. ("Newlook" or the "Company") (CNSX: NLI) (the "company") is pleased to announce the Ontario Securities Commission has granted the Revocation of the Cease Trade Order imposed on the Company-s securities on May 20, 2011.The Company will commence the review process with the Canadian National Stock Exchange ("CNSX") on its reinstatement in order to recommence trading of its shares.The b
NEW YORK, NY — (Marketwire) — 08/26/11 — VGTel, Inc. (OTCBB: VGTL) (OTCQB: VGTL) announces the appointment of Peter W. Shafran, attorney and concert producer, as its new Chief Executive Officer.Mr. Shafran has been practicing law for over 25 years. Serving as the Executive Producer of River Spirit Music, he produced and promoted concerts in the Hudson Valley region. Peter Shafran received a Bachelor of Arts degree in Psychology from SUNY Binghamton, and a J.D. degree from Hofstra University
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/26/11 — Fireswirl Technologies Inc. (TSX VENTURE: FSW) ("the Company") today announced its financial results for the second quarter ended June 30, 2011. All figures are quoted in Canadian dollars. Financial statements and accompanying MD&A are available on SEDAR.Highlights for the second quarter were as follows:About FireswirlFireswirl Technologies Inc. (TSX VENTURE: FSW) is focused on creating transactional revenue by engineerin
TORONTO, ONTARIO — (Marketwire) — 08/26/11 — NTG Clarity Networks Inc., (TSX VENTURE: NCI), a world leader in the telecommunications OSS market, today reported its second quarter 2011 revenues of $1,464,371 as compared to $1,737,730 in the same period last year (All amounts in Canadian dollars).The Company reported a net income for the three months ended June 30, 2011 of $163,387, compared to a net income of $105,051 for the comparable period last year.Consolidated interim financial stateme
– Net loss of $0.11 Ml. for the current quarter compared to net earnings of $0.14 Ml. in 2010. Adjusted EBITDA loss (as defined below) of $0.02 Ml. compared to Adjusted EBITDA of $0.19 Ml. in 2010 – Strategic initiative related expenses accounted for $0.34 Ml. of the net loss and Adjusted EBITDA loss, in line with the Company-s 2011 plan – Announcement during the current quarter of non-binding agreements to purchase the operating assets of two U.S. based businesses for approximately $11.5 ml. U.
NEWARK, CA — (Marketwire) — 08/26/11 — SMART Modular Technologies (WWH), Inc. ("SMART") (NASDAQ: SMOD) today announced that all conditions precedent to the previously announced merger were satisfied to proceed with the acquisition of SMART by investment funds managed by Silver Lake Partners and Silver Lake Sumeru.On August 12, 2011, SMART-s shareholders approved the going-private transaction at an extraordinary general meeting of shareholders. Pursuant to the definitive merger agr
TORONTO — (Marketwire) — 08/26/11 — AVIX Technologies, Inc. (the "Company" or "AVIX") (PINKSHEETS: AVIX) announced today that Actus Interactive Software Inc. ("ACTUS"), its proposed wholly owned subsidiary, has executed a Letter of Intent with Digital Holdings Inc. The Letter of Intent outlines the intention of both parties to enter into a due diligence period culminating in the acquisition of Digital Holdings Inc. ("DHI") by ACTUS within 30 days.CEO T
CAMPBELL, CA — (Marketwire) — 08/26/11 — Market research firm today released excerpts from its second quarter 2011 (2Q11) vendor market share report, which tracks IP edge routers, IP core routers, carrier Ethernet switches (CES), and multiservice ATM switches."and even continue to take market share from in the critical IP edge segment (the sum of IP edge routers and carrier Ethernet switches). Cisco is actually doing really well, with global IP edge revenue up 12% in the second qua