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Numerex Corp raises FY 2014 EBITDA guidance

Wednesday, 6 Aug 2014 04:01pm EDT

Numerex Corp:Raises FY 2014 adjusted EBITDA growth guidance to 40pct to 45pct over FY 2013.FY 2014 EBITDA of $11.4 million - Thomson Reuters I/B/E/S.

Kingland Real Estate Co., Ltd announces change of general manager

Wednesday, 6 Aug 2014 07:08am EDT

Kingland Real Estate Co., Ltd:Appoints Liu Jianwen as new general manager to succeed Zhu Wending, effective Aug. 6.

Zhone Technologies Inc appoints new CEO and President

Thursday, 17 Jul 2014 04:16pm EDT

Zhone Technologies Inc:Appoints James Norrod as company's new President and Chief Executive Officer.Mory Ejabat will remain as Executive Chairman to provide seamless transition and deliver strategic guidance as it relates to carrier access business and future product development.Norrod will also join Board effective immediately.

Amplitech Group Inc executes strategic joint venture agreement with French-U.K. companies

Thursday, 17 Jul 2014 09:45am EDT

Amplitech Group Inc:Enters into joint venture agreement to develop new SATCOM (SATellite COMmunication) products to support the growing demand from domestic and international OEM's (Original Equipment Manufacturers) and customers.AO Technologies, Thales Alenia Space, Yahsat and Arabsat has joined AmpliTech to support more product development using AmpliTech's SATCOM LNAs and subsystems and combining them with AO's already widespread earth stations and systems integration technology.

Q-Free ASA acquires Open Roads Consulting to strengthen ATMS business

Thursday, 17 Jul 2014 09:00am EDT

Q-Free ASA:Signs a share purchase agreement (SPA) for the acquisition of Open Roads Consulting Inc. for a cash consideration of about $6.2 million.Further consideration is dependent on future financial performance.Q-Free expects the transaction to be closed within the end of the third quarter 2014.Open Roads Consulting is a privately owned company established in 2000 in Virginia, USA.The company has 74 employees and operates mission critical traffic deployments and video based surveillance of critical assets in 30 states in the US.The SPA is based on cash and debt free conditions, and no shares will be issued as part of the consideration.Q-Free will pay an initial cash consideration of about $6.2 million, equal to 7 times the 2013 EBITDA.Further consideration is dependent on financial performance in part of 2014, 2015 and part of 2016, and is estimated to $2.5 million.Including earn-out payments, the total consideration is capped at $12.5 million.

Bliss-Tel PCL announces appointment of Chairman

Wednesday, 16 Jul 2014 06:45am EDT

Bliss-Tel PCL:Says Nattapong Pantakaijpaisan, the Chairman has resigned effective July 14.Appoints Noppadon Kungamut as the Chairman of the board effective July 14.

Wistron Neweb Corp announces change of general manager

Wednesday, 16 Jul 2014 03:55am EDT

Wistron Neweb Corp:Appoints Gao Jianrong as new general manager to succeed Xie Hongbo, effective July 16.

ChyronHego Corp closes ZXY Sport Tracking AS and WeatherOne AS acquisitions

Tuesday, 15 Jul 2014 10:47am EDT

ChyronHego Corp:Finalizes the acquisition of Norweigan-based companies ZXY Sport Tracking AS and WeatherOne AS.Acquired the majority stake in ZXY Sport Tracking AS, along with WeatherOne's Metacast weather technology and service offerings.

Telechoice International Ltd incorporates wholly-owned subsidiary Planet Managed Services Pte. Ltd.

Tuesday, 15 Jul 2014 05:19am EDT

Telechoice International Ltd:Incorporates wholly-owned subsidiary Planet Managed Services Pte. Ltd (PSPL) in Republic of Singapore on July 15.Issued and paid-up capital of PSPL is S$2.00, comprising two ordinary shares of S$1.00 each.Says principal activities of PSPL are sale of telecommunication equipment and provision of services.

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