NEWARK, NY — (Marketwired) — 03/16/15 — IEC Electronics Corp. (NYSE MKT: IEC) today announced that the Company–s recently elected Board of Directors has terminated its Tax Benefit Preservation Plan ("the Plan"). IEC–s previous Board adopted the Plan in July 2014.Jeffrey T. Schlarbaum, CEO of IEC Electronics Corp., stated, "As we look to establish best practices from a corporate governance standpoint, the new Board determined that it is in the best interest of IEC–s sharehol
OTTAWA, ON — (Marketwired) — 03/16/15 — Sidense Corp., a leading developer of non-volatile memory OTP IP cores, today announced that U.S. District Judge Susan Illston has ordered Kilopass Technology to pay Sidense $5.5 million for its "objectively baseless" patent infringement lawsuit initiated against Sidense in May of 2010. The fee recovery represents attorneys– fees and associated costs.Kilopass sued Sidense for patent infringement in May 2010. Sidense won this lawsuit in 2012,
DALLAS, TX — (Marketwired) — 03/16/15 — Xtera Communications, Inc., a leading global provider of optical networking solutions, will deliver the tutorial on Raman amplification technology at Optical Fiber Communication Conference (OFC) to be held in Los Angeles (22-26 March 2015). OFC is the largest global technical conference and exhibit for optical communications and networking professionals. The tutorial will cover basics of Raman amplification, design rules for Raman amplifiers, control a
TORONTO, ONTARIO — (Marketwired) — 03/13/15 — Avante Logixx Inc. (TSX VENTURE: XX) ("Avante") is pleased to announce that it has signed a binding share purchase agreement (the "Agreement") to purchase all of the issued and outstanding shares of LVS Inc. ("LVS"). Completion of the transaction will be subject to a number of conditions including TSX Venture approval and satisfactory completion of certain remaining due diligence items. The transaction is expected t
ATLANTA, GA — (Marketwired) — 03/12/15 — , the USA subsidiary of Zhongshan, China-based MLS Co. Ltd., has announced that MLS recently completed its Initial Public Offering on the Shenzhen stock exchange in China. At the close of the first day of trading on February 16, MLS stock closed at $30.95, up 44% from the opening price of $21.50. The market value of the company is approximately $2 billion. About 44 million shares were issued, raising $154 million (RMB 960 million).MLS now ranks among
ZBB–s Agile Flow Battery(TM) Platform Is a Leap Forward for Behind the Meter Energy Storage Designed Specifically for Indoor Commercial Building Operation
