Armtec Infrastructure Inc. Has Access to $125 Million Brookfield Financing

Armtec Infrastructure Inc. Has Access to $125 Million Brookfield Financing

GUELPH, ONTARIO — (Marketwire) — 08/17/11 — Armtec Infrastructure Inc. ("Armtec" or the "Company") (TSX: ARF)(TSX: ARF.DB) announced today that a Brookfield Asset Management Inc. company has advised Armtec that it has completed certain additional due diligence matters for the loan agreement announced on August 2, 2011 (the "Loan Agreement"). As a result, Brookfield has waived its due diligence condition under the Loan Agreement. The effect of this waiver is the

NXP Announces Update of Stock Repurchase Program

NXP Announces Update of Stock Repurchase Program

EINDHOVEN, NETHERLANDS — (Marketwire) — 08/17/11 — NXP Semiconductors N.V. (NASDAQ: NXPI) announced today that its Board of Directors resolved to increase the number of shares to be repurchased under its stock repurchase plan as announced on July 29, 2011, from 5,000,000 shares to 8,000,000 shares.As announced on July 29, 2011, the repurchased shares will be used to cover in part employee stock options and equity rights under its long term incentive plans. NXP may repurchase shares of its co

Zarlink Board of Directors Responds to Unsolicited Bid Announcement by Microsemi Corporation

Zarlink Board of Directors Responds to Unsolicited Bid  Announcement by Microsemi Corporation

OTTAWA, CANADA — (Marketwire) — 08/17/11 — Zarlink Semiconductor (TSX: ZL) today acknowledged that Microsemi Corporation announced that 0916753 B.C. ULC, an indirect wholly-owned subsidiary of Microsemi, has commenced unsolicited offers to acquire all of the outstanding shares of Zarlink for $3.35 per share and all of the outstanding convertible debentures of Zarlink for $1,367.35 per $1,000 principal amount of convertible debentures. Zarlink advises shareholders and debentureholders not to

CPS Technologies Corporation Announces Second Quarter 2011 Results

CPS Technologies Corporation Announces Second Quarter 2011 Results

NORTON, MA — (Marketwire) — 08/15/11 — CPS Technologies Corporation (OTCBB: CPSH), a provider of advanced material solutions, today announced revenue of $4.8 million and net income of $13 thousand or $0.00 per basic and diluted share for the fiscal quarter ended July 2, 2011. This compares with revenue of $5.2 million and net income of $450 thousand or $0.04 per basic share and $0.03 per diluted share for the fiscal quarter ended June 26, 2010.Although Q2 2011 revenues were down 7% compared

Electricians Can Help You Save More, Spend Less, and Keep Comfortable

Electricians Can Help You Save More, Spend Less, and Keep Comfortable

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/15/11 — You may not be aware that nearly half of all electric bills are attributed to heating and air conditioning costs. Hiring an electrician to install a would mean that you won-t have to heat or cool a house when you-re not in it. Professional are your best option for making sure your home-s temperature is thoroughly regulated with a programmable thermostat, which in the long run can help you maximize the performance of your heating and c

MOSAID Expands Patent Infringement Suit Against Elpida

OTTAWA, ONTARIO — (Marketwire) — 08/12/11 — MOSAID Technologies Inc. (TSX: MSD) today announced that it has added a mobile Dynamic Random Access Memory (mobile DRAM) patent to its infringement claims against Elpida Memory, Inc., Buffalo Inc., and Axiontech Technologies. The amended complaint, which now includes U.S. Patent No. 7,492,656 (the -656 patent), alleges infringement of seven of MOSAID-s U.S. patents. MOSAID filed its original complaint against Elpida, Buffalo and Axiontech on May