Phonetime Provides Financial Update Net Income of $0.02 Per Share for 2012

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Phonetime Provides Financial Update Net Income of $0.02 Per Share for 2012

TORONTO, ONTARIO — (Marketwire) — 01/11/13 — Phonetime Inc. (TSX: PHD) announced today its unaudited preliminary financial results for 2012.Revenue was $102 Million compared to $120 Million in 2011. Net income was $0.02 per share compared to $0.02 per share in 2011. Fourth quarter – 2012 run rate revenue was $120 Million.At December 31, 2012, Phonetime had $2.2 million in cash, available borrowings of an additional $2.5 million and remained debt free. Phonetime had assets of $21 million and

LOREX Receives Final Court Approval for Plan of Arrangement

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LOREX Receives Final Court Approval for Plan of Arrangement

MARKHAM, ONTARIO — (Marketwire) — 12/19/12 — LOREX Technology Inc. (TSX VENTURE: LOX) ("LOREX") announced today that it has obtained final court approval from the Ontario Superior Court of Justice (Commercial List) of the previously announced proposed plan of arrangement (the "Arrangement"), pursuant to which FLIR Systems, Inc. will acquire all the issued and outstanding common shares of LOREX. The Arrangement was approved by LOREX-s shareholders at the special meeting o

iTeknik Holding Corporation Signs Two Million Dollar Agreement to Sell the Assets of Its Send Global Subsidiary

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COMMERCE, MI — (Marketwire) — 12/11/12 — iTeknik Holding Corporation (PINKSHEETS: ITKH) today announced that it has signed an asset purchase agreement with Ceelox, Inc. of Overland Park, Kansas (OTCBB: CELO) to sell the assets of iTeknik-s wholly owned subsidiary, Send Global Corporation. The transaction, expected to close in six months, is estimated to be valued at $2 million in cash and Ceelox common stock. Ceelox also recently announced that it has signed an Asset Purchase Agreement with

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