Key Developments For Smith Micro Software, Inc.
Smith Micro Software, Inc. (SMSI.O) (Nasdaq)
Smith Micro Software, Inc. Lowers FY 2009 Revenue Guidance
Smith Micro Software, Inc. lowered its fiscal 2009 revenue guidance to a range of $105-110 million from the range of $110-115 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $111 million for the same period.
NII Holdings Selects Smith Micro Software, Inc. For Its Premier Mobility Multimedia Suite Offering
Smith Micro Software, Inc. announced that NII Holdings, Inc., a provider of mobile communications for business customers in Latin America, would begin distributing a new multimedia application to manage music, photos and videos from a PC to its line up of Motorola iDEN devices. The new multimedia application will enable Nextel Argentina, Nextel Brazil, Nextel Mexico and Nextel Peru subscribers to manage their digital entertainment from their PC to their mobile phone.
Smith Micro Software, Inc.'s Connection Management Software Selected For Mobile Data Services On T-Mobile webConnect USB Laptop Stick
Smith Micro Software, Inc. announced that T-Mobile USA's webConnect USB Laptop Stick will utilize Smith Micro Software's connection management software. The announcement highlights another win with a major U.S. wireless carrier for Smith Micro Software's connection management solution. Smith Micro Software has supplied a multi-mode connection manager that enables the webConnect laptop stick to connect to 3G, WiFi and other technologies quickly and easily while on-the-go.
Smith Micro Software, Inc. Receives Patent For JPEG Compression Technology
Smith Micro Software, Inc. announced that it was issued U.S. Patent No. 7,502,514 System and Method for Lossless Compression of Already Compressed Files by the U.S Patent and Trademark Office. The new 514 patent extends to a system and method for losslessly compressing already compressed files including, but not limited to, archive files like ZIP, and media formats such as MP3 and JPEGs.
Smith Micro Software, Inc. Issues FY 2009 Revenue Guidance In Line With Analysts' Estimates
Smith Micro Software, Inc. announced that for fiscal 2009, it expects revenue to be in the range of $110-$115 million. According to Reuters Estimates, analysts on average are expecting the Company to report revenues of $114 million for the same period.
