oti Appoints Shlomi Cohen as Chief Executive Officer

oti Appoints Shlomi Cohen as Chief Executive Officer

ROSH PINA, ISRAEL — (Marketwired) — 08/03/15 — The board of directors of (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has appointed Shlomi Cohen as CEO, succeeding Ofer Tziperman.As oti–s new CEO, Cohen will apply his more than 25 years of experience managing global organizations to advance the sales of oti–s cashless payment solutions. He will oversee all of the company–s sales and marketing activities, as well as focus on developin

BroadSoft Reports Second Quarter 2015 Financial Results

BroadSoft Reports Second Quarter 2015 Financial Results

GAITHERSBURG, MD — (Marketwired) — 08/03/15 — BroadSoft, Inc. (NASDAQ: BSFT), a leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the quarter ended June 30, 2015.Total revenue increased 23% year-over-year to $64.5 millionGAAP gross profit equaled 67% of total revenue; non-GAAP gross profit equaled 75% of total revenueGAAP loss from operations totaled $(9.3) million or 14% of reven