Specialized Computer Systems Industry News

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Specialized Computer Systems Industry News

China BAK Battery Fourth Quarter Fiscal 2009 Earnings Conference Call (9:32:00pm Mon Nov. 23, 2009 CDT)

SHENZHEN, China, Nov. 23 /PRNewswire-FirstCall/ -- China BAK Battery Inc. (Nasdaq: CBAK), one of the largest lithium-ion battery cell manufacturers in the world, as measured by production output, will hold its quarterly conference call to discuss results for the fourth quarter and fiscal year ended September 30, 2009 on Wednesday, December 2, 2009, at 8:00 a.m. Eastern Time (9 p.m. China Coast Time). ...

Longtop Financial Technologies Limited Announces Closing of Follow-on Public Offering and Underwriters' Exercise of Over-Allotment Option (6:30:00pm Mon Nov. 23, 2009 CDT)

HONG KONG, Nov. 23 /PRNewswire-Asia/ -- Longtop Financial Technologies Limited (NYSE: LFT) ("Longtop" or the "Company"), a leading software developer and solutions provider targeting the financial services industry in China, announced the closing today of its follow-on public offering of 4,255,000 American depositary shares, or ADSs, representing 4,255,000 ordinary shares of the Company. The offering included a total of 555,000 ADSs sold by the Company pursuant to the underwriters' over-allotment option, which was exercised in full. The Company received aggregate net proceeds of approximately $127 million, after deducting underwriting discounts and commissions, but before deducting offering expenses payable by the Company. ...

Dave Johnson Resigns as IGT Executive Vice President and General Counsel (6:16:00pm Mon Nov. 23, 2009 CDT)

LAS VEGAS, Nov. 23 /PRNewswire-FirstCall/ -- International Game Technology (NYSE: IGT) announced today that David D. Johnson has resigned as executive vice president, general counsel and secretary, effective Jan. 4, 2010. ...

Although in its Nascent Stage, The Future of Virtualization Market in India Looks Promising, Notes Frost & Sullivan (6:11:00pm Mon Nov. 23, 2009 CDT)

MUMBAI, India, Nov. 23 /PRNewswire/ -- Virtualization has long been portrayed as a technology that would change the dynamics of enterprise infrastructure. The overall market for virtualization in India is still nascent. It is shaping up to be one of the major trends that is expected to influence the end to end infrastructure of an enterprise, namely server, storage, network, application, desktop, and so on. ...

Detroit Spammer and Three Co-Conspirators Sentenced for Multi-Million Dollar E-Mail Stock Fraud Scheme (5:47:00pm Mon Nov. 23, 2009 CDT)

WASHINGTON, Nov. 23 /PRNewswire-USNewswire/ -- Four individuals were sentenced today by U.S. District Judge Marianne O. Battani in federal court in Detroit for their roles in a wide-ranging international stock fraud scheme involving the illegal use of bulk commercial e-mails, or "spamming," announced Assistant Attorney General of the Criminal Division Lanny A. Breuer and U.S. Attorney for the Eastern District of Michigan Terrence Berg. ...

Heilind Electronics & Tyco Electronics Re-Energize Ribbon Cable Applied Products (5:09:00pm Mon Nov. 23, 2009 CDT)

WILMINGTON, Mass., Nov. 9 /PRNewswire/ -- Heilind Electronics, the largest distributor of interconnect, electromechanical and wire & cable products in North America, together with Tyco Electronics (TE), the world's largest interconnect manufacturer, have re-energized their industry-leading ribbon cable connector focus with the release of a newly updated, consolidated and reorganized Ribbon Cable Interconnect Solutions catalog and a complete ribbon cable product stocking initiative. The mass-termination capabilities of ribbon cable connectors have long made them one of the most popular connector technologies in the electronics industry. The ability to terminate up to 64 conductors simultaneously, without stripping or otherwise preparing the cable, significantly reduces total applied costs while delivering a highly reliable connection. Though most often used in wire-to-board applications, TE also manufactures and Heilind stocks many board-to-board and wire-to-wire solutions. TE's ribbon cable family of connector products is available in a wide range of pitches, mounting styles and locking types. For more information about TE Ribbon Cable Applied products go to http://www.heilind.com/products/tyco/Tyco_Electronics_Ribbon_Cable_Catalog.asp ...

eLong, Inc. Reports Third Quarter 2009 Unaudited Financial Results (4:30:00pm Mon Nov. 23, 2009 CDT)

BEIJING, Nov. 23 /PRNewswire-Asia-FirstCall/ -- eLong, Inc. (Nasdaq: LONG), a leading online travel service provider in China, today reported unaudited financial results for the third quarter ended September 30, 2009. ...

InsightSoftware.com Demonstrates Insight's Capabilities at Quest's Upcoming Business Intelligence Shootout (4:30:00pm Mon Nov. 23, 2009 CDT)

DENVER, Nov. 23 /PRNewswire/ -- InsightSoftware.com, a global software provider for Business Optimization Software (BOS), will participate as a vendor in Quest's Business Intelligence (BI) Shootout, December 1-2, 2009. Quest's BI Special Interest Group (SIG) is hosting the event. Insight's unique approach to optimizing business processes obtains intelligence from your business information. Visit www.InsightSoftware.com/e-books/business_optimization_starter_kit for more information. ...

Sears.com Unveils International Shipping to 90 Countries Just in Time for the Holidays (4:26:00pm Mon Nov. 23, 2009 CDT)

HOFFMAN ESTATES, Ill., Nov. 23 /PRNewswire-FirstCall/ -- For anyone looking to ship that perfect holiday gift to friends or family overseas, Sears.com now offers international shipping to 90 countries, providing yet another convenient option for customers to get everything they need this holiday, where and when they need it. Customers can choose from over 300,000 products in a variety of categories including tools, children's and infant clothing, shoes, jewelry, and home fashions, and can have it delivered to locations all around the globe as Sears.com expands its reach to major markets such as the UK, France, Germany, Spain, China, India, Japan, Argentina and Brazil. ...

The9 Limited Reports Third Quarter 2009 Unaudited Financial Results (4:00:00pm Mon Nov. 23, 2009 CDT)

SHANGHAI, Nov. 23 /PRNewswire-Asia-FirstCall/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an online game operator and developer in China, announced today its unaudited financial results for the quarter ended September 30, 2009. ...

Settlement Reached in Live Event Forward Market Technology Patent Infringement Case (4:00:00pm Mon Nov. 23, 2009 CDT)

- TTR, Inc and Viagogo, Inc Settle Out of Court - ...

Frost & Sullivan Hosts Webinar: 2010 Mobile and Wireless Outlook (3:41:00pm Mon Nov. 23, 2009 CDT)

MOUNTAIN VIEW, Calif., Nov. 23 /PRNewswire/ -- ...

Internap to Terminate Stockholder Rights Plan (3:30:00pm Mon Nov. 23, 2009 CDT)

ATLANTA, Nov. 23 /PRNewswire-FirstCall/ -- Internap Network Services Corporation (Nasdaq: INAP) today announced that its Board of Directors has unanimously voted to amend its Preferred Stock Rights Agreement, commonly known as a poison pill. Under the terms of the amendment, the purchase rights will now expire on December 31, 2009 rather than on March 23, 2017, as originally provided in the rights agreement. ...

Munck Carter Obtains Complete Defense Verdict in Eastern District of Texas Patent Infringement Case (3:27:00pm Mon Nov. 23, 2009 CDT)

DALLAS, Nov. 23 /PRNewswire/ -- Munck Carter, LLP, a Texas-based patent litigation firm, today announces a complete defense verdict in a patent infringement case in the U.S. District Court for the Eastern District of Texas, Fiber Systems International Inc. v. Applied Optical Systems, Inc., (2:06-cv-00473). ...

Harris Stratex Networks' Harald Braun Named International Telecom CEO of the Year 2009 (3:15:00pm Mon Nov. 23, 2009 CDT)

RESEARCH TRIANGLE PARK, N.C., Nov. 23 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX), a leading provider of wireless solutions that enable the evolution of next-generation fixed and mobile broadband networks, today announced president and CEO Harald Braun has been awarded the prestigious title of International Telecom CEO of the Year 2009 by IT & Telecom Digest at the Eight Nigerian Information Technology & Telecom Awards. The awards are selected based on public votes, overseen by a panel of industry judges. ...

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