Viavi Solutions Named a Leader in Gartner Magic Quadrant for Third Consecutive Year
Positioning Based on Completeness of Vision and Ability to Execute in Network Performance Monitoring and Diagnostics Market
Weyland Tech Highlights Recent Corporate Actions
HONG KONG, CHINA — (Marketwired) — 02/17/16 — Weyland Tech Inc. (OTC: WEYL) ("Weyland Tech" or the "Company"), a provider of mobile business applications, highlights two recent corporate actions:On February 11, 2016, the Company signed an exclusive Software Licensing Agreement ("SLA") with Augicom S.A. of Switzerland ("Augicom") to market, sell and distribute the Company–s CreateApp platform in the Euro-Zone.
Augicom, a company incorporated in Switze
Hansen Medical(R) Announces First Clinical Procedure in the US With New Magellan(TM) Robotic Catheter eKit
MOUNTAIN VIEW, CA — (Marketwired) — 02/17/16 — Hansen Medical®, Inc. (NASDAQ: HNSN), the global leader in intravascular robotics, today announced the completion of the first clinical procedure in the United States with the Magellan Robotic Catheter eKit (MRC eKit). Interventional Radiologist, Dr. Ripal Gandhi, performed the procedure at Miami Cardiac & Vascular Institute (MCVI) in Miami, FL. Dr. Gandhi used the MRC eKit during a robotic transarterial chemoembolization (TACE) procedur
SpendSmart Networks, Inc. Completes Raise of $2.4 Million Tender Offering
SAN LUIS OBISPO, CA — (Marketwired) — 02/17/16 — SpendSmart Networks, Inc. (OTCQB: SSPC) dba "SMS Masterminds," a national full-service provider of mobile and loyalty marketing solutions, announced today that it closed its warrant tender financing, which raised approximately $2.4 million in gross proceeds. SMS Masterminds received net proceeds of approximately $2.26 million, after deducting agent fees and other tender offer expenses. Approximately 16 million warrants held by accred
Lantronix Appoints Former Avago Technologies Sales VP Kevin Yoder as Vice President of Worldwide Sales
IRVINE, CA — (Marketwired) — 02/16/16 — (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced that Kevin Yoder has been appointed as vice president of worldwide sales, effective March 7th."With more than 25 years of experience in building and leading successful enterprise sales teams, we believe that Kevin will be a key contributor in driving Lantronix toward greater success," said Jeffrey Benck, Lantronix presiden
Lantronix Reports Fiscal 2016 Second Quarter Financial Results
IRVINE, CA — (Marketwired) — 02/16/16 — Lantronix, Inc. (the "Company") (NASDAQ: LTRX) a specialized networking company providing smart IoT and M2M solutions, today reported results for its second fiscal quarter ended December 31, 2015.Net revenue of $9.5 millionNew Product revenue of $1.8 millionGross profit margin of 48.1%GAAP net loss of $928,000 or $0.06 per shareNon-GAAP net loss of $196,000 or $0.01 per shareCash and cash equivalents of $4.6 millionIn October 2015, Lantronix
pdvWireless Reports Third Quarter Results
WOODLAND PARK, NJ — (Marketwired) — 02/16/16 — pdvWireless, Inc. (NASDAQ: PDVW) (the "Company"), a private wireless communications carrier and provider of mobile workforce management solutions, reported today its third fiscal quarter results for the period ended December 31, 2015.Revenue for the quarter ended December 31, 2015 was $940,000 compared with $836,000 for the quarter ended December 31, 2014. For the third quarter, the Company reported a net loss of ($5.24 million), or ($
Cloudweb, Inc. Signs Contract to Enter China
WARWICKSHIRE, UNITED KINGDOM — (Marketwired) — 02/16/16 — Cloudweb, Inc. (OTC PINK: CLOW) announced today that it has entered into a credit card processing agreement with a Hong Kong provider enabling it to process orders from customers based in China through UnionPay."We plan to enter the lucrative China market as soon as possible. China, just like the UK, is still considered an up-and-coming market by many and is about 5 years behind America in terms of industry penetration. This pres
MedCareers Group, Inc. (MCGI) Announces Recent Debt Consolidation
DALLAS, TX — (Marketwired) — 02/16/16 — MedCAREERS Group, Inc. (OTC: MCGI), a development stage company and owner of Nurses Lounge, a professional network for nurses, announced they recently consolidated all of their short-term toxic debt with a single, vision-friendly investor.By consolidating these notes into more friendly hands and alleviating investor fear of constant major dilution, the consolidation will hopefully allow MCGI to grow to a more realistic market cap. One that a winner-tak
Mojo Networks Launches Mojo Force Partner Program, Teams With Ingram Micro to Expand Its Cloud-Managed WiFi Solutions
MOUNTAIN VIEW, CA — (Marketwired) — 02/16/16 — Mojo Networks, the modern WiFi platform for delivering prolific connectivity, has launched its new partner program, Mojo Force, to provide faster and more efficient partner support. The company has also announced its union with Ingram Micro Inc. (NYSE: IM), Fortune 100 company that delivers a full spectrum of global technology and supply chain services to businesses around the world, to bring the next generation of cloud WiFi solutions to custom