RiverMeadow Software(TM) Cloud Migration SaaS Selected as Server Onboarding Solution for PeakColo-s Cloud Computing Platform

RiverMeadow Software(TM) Cloud Migration SaaS Selected as Server Onboarding Solution for PeakColo-s Cloud Computing Platform

WESTFORD, MA — (Marketwire) — 02/06/13 — , developer of the , the world-s only automated server migration platform developed specifically for Carrier and Service Provider Clouds, today announces that , a leading enterprise-class IaaS for channel partners, chose the RiverMeadow cloud migration SaaS as the server migration solution for PeakColo-s .Under terms of the agreement, PeakColo will resell RiverMeadow to its customers as an integrated service within the PeakColo cloud platform. Custom

Versatile Reports Second Quarter Results

Versatile Reports Second Quarter Results

VANCOUVER, CANADA — (Marketwire) — 02/05/13 — Versatile Systems Inc. (TSX VENTURE: VV) announces its results for the second quarter of the 2013 fiscal year.Revenue for the three months ended December 31, 2012 was $9,550,579, generating a gross profit of $1,842,628 or 19.3% of sales compared to $9,147,552, generating a gross profit of $1,951,833 or 21.3% of sales for the same quarter last year. The Net Loss for the quarter amounted to $494,389 ($0.00 per share) compared to the Net Loss of $2

Avaya Reports First Fiscal Quarter 2013 Results

Avaya Reports First Fiscal Quarter 2013 Results

SANTA CLARA, CA — (Marketwire) — 02/05/13 –Revenue of $1.24 billionOperating Income of $23 Million, Non-GAAP Operating Income(1) of $193 MillionAdjusted EBITDA(1) of $251 MillionAvaya Inc., a global provider of business communications and collaboration systems, software and services, today reported results for the first quarter of fiscal 2013. For the first fiscal quarter, revenue was $1.24 billion, down 2.9% compared to the prior quarter, primarily due to seasonality and reduced demand in th

Infinera Corporation Reports Fourth Quarter and Fiscal Year 2012 Financial Results

Infinera Corporation Reports Fourth Quarter and Fiscal Year 2012 Financial Results

SUNNYVALE, CA — (Marketwire) — 02/05/13 — Infinera Corporation (NASDAQ: INFN), a leading provider of digital optical networks, today released financial results for the fourth quarter and fiscal year ended December 29, 2012.GAAP revenues for the quarter were $128.1 million compared to $112.2 million in the third quarter of 2012 and $112.0 million in the fourth quarter of 2011.GAAP gross margins for the quarter were 34% compared to 37% in the third quarter of 2012 and 40% in the fourth quarter