SGI Closes $70 Million Term Loan Financing to Fund Large Customer Contract Awards

SGI Closes $70 Million Term Loan Financing to Fund Large Customer Contract Awards

MILPITAS, CA — (Marketwired) — 01/28/15 — SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics, and data management, today announced that it has completed a $70 million three and a half year term loan financing. The proceeds will be used to fund working capital for large, recently-awarded customer contracts, to retire the Company–s existing revolver, and for general corporate purposes."We are very pleased to secure this $70 million of financing f

SGI Reports Financial Results for the Second Quarter of Fiscal 2015

SGI Reports Financial Results for the Second Quarter of Fiscal 2015

MILPITAS, CA — (Marketwired) — 01/28/15 — SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics, and data management, today reported financial results for its fiscal second quarter 2015 ended December 26, 2014.Total revenue for the fiscal second quarter was $138 million, an increase of 24% from $112 million in the previous quarter and an increase of 19% from $116 million in the second fiscal quarter of 2014.GAAP net loss for the fiscal second quarter wa

Fish & Richardson Wins Jury Verdict for Adobe in Patent Suit

BOSTON, MA — (Marketwired) — 01/28/15 — Fish & Richardson announced today that it won a jury verdict in federal district court in Boston for Adobe Systems Inc. in a patent infringement case brought by EveryScape, Inc., a software company based in Newton, Massachusetts. After a two-week trial, the jury deliberated for only three hours before returning a verdict on January 23, 2015 that EveryScape–s patents were invalid as both anticipated and obvious in view of the prior art.EveryScape s

“State of Business IT” Seminar Teaches Executives How the Future of IT Will Impact Their 2015 Business Plan

“State of Business IT” Seminar Teaches Executives How the Future of IT Will Impact Their 2015 Business Plan

RANCHO CUCAMONGA, CA — (Marketwired) — 01/28/15 — Accent Computer Solutions, Inc. is hosting a free business seminar titled "State of Business IT: Predictions and Trends That Will Impact Businesses in 2015." The seminar will be held on Wednesday, February 11 from 11:30 a.m. to 1:00 p.m. at the Victoria Gardens Cultural Center, 12505 Cultural Center Drive in Rancho Cucamonga.The seminar will be presented by four executives of Accent Computer Solutions, each speaking on their area of

DynTek Announces Results for the Second Quarter and Year-to-Date Period Ended December 31, 2014

DynTek Announces Results for the Second Quarter and Year-to-Date Period Ended December 31, 2014

NEWPORT BEACH, CA — (Marketwired) — 01/28/15 — (OTC PINK: DYNE), a leading provider of , today announced results for its fiscal year 2015 second quarter and the six months ended December 31, 2014.DynTek reported revenues of $40,194,000 for the second fiscal quarter ended December 31, 2014, a decrease of $10,272,000 or 20%, from $50,466,000 in the prior second quarter ended December 31, 2014. Gross profit was $6,226,000 for the second fiscal quarter ended December 31, 2014, a decrease of $1,