WiLAN and Sierra Wireless Reach Agreement to Settle Litigations

WiLAN and Sierra Wireless Reach Agreement to Settle Litigations

OTTAWA, CANADA — (Marketwired) — 10/10/13 — Wi-LAN Inc. ("WiLAN" or the "Company") (TSX: WIN)(NASDAQ: WILN) today announced that WiLAN and Sierra Wireless Inc. ("Sierra Wireless") have signed a binding memorandum of understanding in which Sierra Wireless has agreed to enter into a multi-year license to WiLAN-s patent portfolio. As part of the agreement, all litigations between WiLAN and Sierra Wireless and its subsidiaries will be resolved.WiLAN expects a defin

TeraXion and Esterline CMC Electronics Team Up to Develop High-Performance Fiber-Optic Transceivers for Avionics and Telecom Applications

TeraXion and Esterline CMC Electronics Team Up to Develop High-Performance Fiber-Optic Transceivers for Avionics and Telecom Applications

QUEBEC CITY, QUEBEC — (Marketwired) — 10/10/13 — TeraXion, a leader in the development and manufacturing of optical components designed for very-high-speed networks, and Esterline CMC Electronics (CMC), a leader in the design and manufacturing of avionics systems, are partnering to design next-generation transceivers.Through this partnership, CMC will benefit from TeraXion-s expertise in designing high-speed, high-volume components for fiber-optic telecommunications. In turn, TeraXion will

Spectra7 Promotes Dr. Andrew Kim to Vice President of Engineering and Chief Technology Officer

Spectra7 Promotes Dr. Andrew Kim to Vice President of Engineering and Chief Technology Officer

PALO ALTO, CALIFORNIA and TORONTO, ONTARIO — (Marketwired) — 10/10/13 — Spectra7 Microsystems Inc. ("Spectra7") (TSX VENTURE: SEV), a high performance analog semiconductor company delivering unprecedented speed, resolution and signal fidelity to consumer and wireless infrastructure products, is pleased to announce that, in addition to his current role as Chief Technology Officer, Dr. Andrew Kim has been promoted to Vice President of Engineering."Dr. Kim has demonstrated over

WPCS to Request Hearing in Response to NASDAQ Staff Determination Letter

WPCS to Request Hearing in Response to NASDAQ Staff Determination Letter

EXTON, PA — (Marketwired) — 10/10/13 — WPCS International Incorporated (NASDAQ: WPCS) ("WPCS" or the "Company"), which specializes in design-build engineering services for communications infrastructure, today announced that it received a letter from the Staff of the Listing Qualifications Department of The NASDAQ Stock Market LLC ("NASDAQ") indicating that unless the Company timely requests a hearing before the NASDAQ Listing Qualifications Panel (the "Pane

Transbeam Announces the Opening of Its Metro Ethernet Data Center in Philadelphia

Transbeam Announces the Opening of Its Metro Ethernet Data Center in Philadelphia

NEW YORK, NY — (Marketwired) — 10/10/13 — , a leading national integrated communications provider, today announced the official opening of its newest data center, located on Broad Street in Philadelphia, PA.The new data center is a Metro Ethernet facility, which gives Transbeam the ability to provide on-net Ethernet-over-Copper (EoC) and Transbeam Optical Network Service (TONS) fiber data services to customers in Eastern Pennsylvania and Northern Delaware, including the greater Philadelphia

DragonWave Inc. Reports Second Quarter Fiscal Year 2014 Results

DragonWave Inc. Reports Second Quarter Fiscal Year 2014 Results

OTTAWA, CANADA — (Marketwired) — 10/09/13 — DragonWave Inc. (TSX: DWI)(NASDAQ: DRWI) a leading global supplier of packet microwave radio systems for mobile and access networks, today announced financial results for its second quarter ended August 31, 2013. All figures are in U.S. dollars and were prepared in accordance with U.S. generally accepted accounting principles.Revenue for the second quarter of fiscal year 2014 was $25.5 million, compared with $24.5 million in the first quarter of f

WiLAN and BlackBerry Settle All Litigations

WiLAN and BlackBerry Settle All Litigations

OTTAWA, ONTARIO — (Marketwired) — 10/09/13 — Wi-LAN Inc. ("WiLAN" or the "Company") (TSX: WIN) (NASDAQ: WILN) today announced that BlackBerry Limited ("BlackBerry") and WiLAN have reached an agreement to dismiss all pending patent litigations between the companies.As part of the agreement, BlackBerry has obtained a license to certain patents in suit in Florida. As a result, all litigations between the companies in Florida will be dismissed with prejudice.In add

CTX Virtual Technologies, Inc. Reports a 240% Revenue Increase for the 6 Months Ending June 30, 2013

BOCA RATON, FL — (Marketwired) — 10/09/13 — CTX Virtual Technologies, Inc. (OTC Pink: CTXV) a technology company that manufactures and distributes mobile communication, electronic devices, virtual imaging, touch screen, tablets and mobile data input accessories today released its results for the six months ending June 30, 2013. Revenues from continuing operations increased 240% to $91,321,434 compared with $26,730,780 for the same period of 2012. Gross profit for the same period increased 14