Cortex Partners With CapitalNOW to Offer Immediate Payments on Approved Invoices

Cortex Partners With CapitalNOW to Offer Immediate Payments on Approved Invoices

CALGARY, ALBERTA — (Marketwired) — 07/25/13 — Cortex Business Solutions (TSX VENTURE: CBX) has partnered with CapitalNOW to offer customers access to immediate payment on invoices with an "approved" status in the Cortex system. Those Cortex customers that want more financial options to better manage their businesses can now benefit from access to immediate funds with CapitalNow.Cortex is a leader in the provision of eInvoicing and eBilling services and tools that facilitate invoic

Infinera Corporation Reports Second Quarter 2013 Financial Results

Infinera Corporation Reports Second Quarter 2013 Financial Results

SUNNYVALE, CA — (Marketwired) — 07/24/13 — Infinera Corporation (NASDAQ: INFN), a leader in Intelligent Transport Networks, today released financial results for the second quarter ended June 29, 2013.GAAP revenues for the second quarter of 2013 were $138.4 million compared to $124.6 million in the first quarter of 2013 and $93.5 million in the second quarter of 2012.GAAP gross margin for the second quarter of 2013 was 37% compared to 34% in the first quarter of 2013 and 35% in the second qua

Cadence Reports Second Quarter 2013 Financial Results

Cadence Reports Second Quarter 2013 Financial Results

SAN JOSE, CA — (Marketwired) — 07/24/13 — Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the second quarter of fiscal year 2013.Cadence reported second quarter 2013 revenue of $362 million, compared to revenue of $326 million reported for the same period in 2012. On a GAAP basis, Cadence recognized net income of $9 million, or $0.03 per share on a diluted basis, in the second quarter of 2013, compared to net income of $36 million, or $0.13 per share on a diluted basi

Crossroads Systems Secures IP-Backed Financing From Fortress Investment Group

Crossroads Systems Secures IP-Backed Financing From Fortress Investment Group

AUSTIN, TX — (Marketwired) — 07/24/13 — Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data archive solutions, announced today that it has secured a $10 million credit facility backed by a portion of its intellectual property (IP) portfolio, from an affiliate of Fortress Investment Group (NYSE: FIG), a leading global investment firm with approximately $56 billion in assets under management.Richard K. Coleman, Jr., Interim President and Chief Executive Officer at Crossroads Sys

SIP Trunking Education at ITEXPO: Schedule Announced for Ingate SIP Trunking-Unified Communications Seminars

SIP Trunking Education at ITEXPO: Schedule Announced for Ingate SIP Trunking-Unified Communications Seminars

STOCKHOLM, SWEDEN — (Marketwired) — 07/24/13 — Providing in-depth educational sessions on the what, why and how of Unified Communications and , ® Systems announces the schedule for the at ITEXPO. Free for all ITEXPO attendees, the Seminars will be held August 27-29, 2013 at the Mandalay Bay Resort and Casino Conference Center in Las Vegas, Nevada.The Seminars will feature visionaries driving the industry, including speakers from Microsoft who will be discussing SIP trunking with Lync, A

Xumanii International Holdings Corp.(R) Announces the Live Broadcast of “The Space Migration Tour” Concert Starring Mac Miller on July 30th 2013 From Denver, Colorado

CARSON CITY, NV — (Marketwired) — 07/24/13 — Xumanii International Holdings Corp.® (the "Company") (OTCQB: XUII) and (OTC Pink: XUII), a Company that has developed proprietary technology capable of broadcasting live concerts and events in True HD wirelessly from multiple cameras for a significantly lower production cost than existing methods proudly announces that the first Live Broadcast Event of Hip-Hop Superstar Mac Miller will Air Live from Denver Colorado on July 30th 2013