Versatile Reports Second Quarter Results

Versatile Reports Second Quarter Results

VANCOUVER, CANADA — (Marketwire) — 02/23/12 — Versatile Systems Inc. (TSX VENTURE: VV)(AIM: VVS), announces its results for the second quarter of the 2012 fiscal year.Revenue for the three months ended December 31, 2011 was $9,147,552 generating a gross profit of $1,951,833 or 21.3% of sales compared to $15,460,033 generating a gross profit of $2,968,137 or 19.2% of sales for the same quarter last year. The Net Loss for the quarter amounted to $244,831 ($0.00 per share) compared to Net Earn

Aastra Announces Intent to Repurchase Up to $50 Million of Its Common Shares

TORONTO, ONTARIO — (Marketwire) — 02/22/12 — Aastra Technologies Limited – (TSX: AAH) today announced that its Board of Directors has authorized an offer to repurchase for cancellation up to $50 million of its common shares.Shareholders wishing to tender to the proposed bid may do so by electing one of two options: (i) tendering into the Dutch auction process or (ii) electing a proportionate tender. If a shareholder elects a proportionate tender, they will not be permitted to participate in

Telx Closes $75 Million Incremental Term Loan Agreement

NEW YORK, NY — (Marketwire) — 02/21/12 — The Group, Inc., a leading and services provider in strategic North American markets, today announced that it closed a $75 million incremental term loan agreement. The Company will leverage the transaction to supplement its liquidity position, as well as for general corporate purposes."This transaction continues to position Telx for future growth in 2012 and beyond, including the ability to quickly respond to the needs of our customers with ne

CohesiveFT Selected as G-Cloud -CloudStore- Specialist Cloud Services Supplier

CohesiveFT Selected as G-Cloud -CloudStore- Specialist Cloud Services Supplier

CHICAGO, IL and LONDON — (Marketwire) — 02/20/12 — CohesiveFT, leader in enterprise cloud control, was awarded a Framework Agreement to supply Specialist Cloud Services to the UK Government via its G-Cloud programme. The G-Cloud initiative intends to drive down IT costs, engage more with the SME tech suppliers, and increase the flexibility of procurement contracts. CohesiveFT will list its Cloud Container products and services for migration, networking, and orchestration on the G-Cloud -Clo

AltiGen Communications and ExtraTeam Partner to Deliver AltiGen-s MaxACD Contact Center Microsoft(R) Lync(TM)

AltiGen Communications and ExtraTeam Partner to Deliver AltiGen-s MaxACD Contact Center Microsoft(R) Lync(TM)

SAN JOSE, CA — (Marketwire) — 02/17/12 — AltiGen Communications, Inc. (OTCQX: ATGN) (PINKSHEETS: ATGN), the leading provider of software-based Unified Communications solutions, and ExtraTeam, a leading solutions integrator and Microsoft Gold Certified Partner, today announce a partnership to deliver AltiGen-s MaxACD Contact Center for Microsoft Lync.ExtraTeam is a leading provider of innovative IT solutions to corporate and public-sector customers. The company uses technology — including h