UK Says Goodbye to the Trusty Typewriter

LONDON, UNITED KINGDOM — (Marketwire) — 11/22/12 — The last typewriter to be produced in the UK has come off the production line at a factory in North Wales.Brother-s CM1000 electronic typewriter will now take its place in history on display at the Science Museum in London. It is the 5,855,533rd typewriter to be produced in the factory since it opened in 1985.The factory – owned by Brother International, a worldwide technology and electronics company which has its European and UK headquarter

DB Systems Selects Xirrus to Provide High Performance Wireless at Major Events Worldwide

DB Systems Selects Xirrus to Provide High Performance Wireless at Major Events Worldwide

LONDON — (Marketwire) — 11/22/12 — Xirrus, the leader in high-performance wireless networking, today formally announced a partnership DB Systems, a leading Managed Services Provider and Audio Visual (AV) services company. The partnership enables DB Systems- Event Networks division to deploy Xirrus- expanding range of high capacity Wireless Arrays when providing IT infrastructure services at large scale indoor and outdoor events around the world.Since it was founded in 1994, DB Systems has bu

KIT digital, Inc. Announces Restatement of Prior Period Financial Statements and Postponement of Third Quarter 2012 Results

KIT digital, Inc. Announces Restatement of Prior Period Financial Statements and Postponement of Third Quarter 2012 Results

NEW YORK, NY — (Marketwire) — 11/21/12 — KIT digital, Inc. (NASDAQ: KITD), a leading video management software and services company, today announced that, because of errors and irregularities identified by the Company in its historical financial statements, the financial statements for (1) the years ended December 31, 2009, 2010 and 2011 and (2) each of the three quarters in 2009, 2010 and 2011 will be restated. As a result of the restatement of these prior periods, the Company will also res

Cray Completes Acquisition of Appro International

Cray Completes Acquisition of Appro International

SEATTLE, WA — (Marketwire) — 11/21/12 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced it has completed the previously announced transaction to acquire Appro International, Inc. The aggregate merger consideration paid by Cray was approximately $21.8 million in cash, which reflects approximately $3.2 million in deductions from the previously-announced $25 million purchase price (for certain transaction expenses paid and working capital adjustments) that were made in conn

OCZ Technology Receives Inquiry From SEC

SAN JOSE, CA — (Marketwire) — 11/21/12 — OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that on November 15, 2012, OCZ Technology (the "Company") received a letter from the Securities and Exchange Commission ("SEC") indicating that they are conducting an investigation. As part of this notification, the Company also received a subpoena requesting certain documents

Samsung SNS Launches New Smart Door Lock -SHS-3320-

Samsung SNS Launches New Smart Door Lock -SHS-3320-

SEOUL, SOUTH KOREA — (Marketwire) — 11/21/12 — Network services & solutions company Samsung SNS (CEO: Chang Soo-Choi) launched smart door lock (Model code: SHS-3320) targeted for global markets.The most noticeable feature of the door lock is that it has become more sophisticated by combining both mechanical and electronic elements for overseas markets.This new product also accommodates the structure of the lockset locally used overseas as it can be installed right in the place where the