Concur Technologies Inc (CNQR) reported 2009 fourth quarter earnings per share from continuing operations of 14 cents, matching the Zacks Consensus Estimate.  Concur reported total revenue for the fourth quarter of fiscal 2009 of $64.8 million, driven by subscription revenue. Total revenue for the quarter was also up 13% from the year-ago quarter. Total subscription revenue was $62.9 million for the fourth quarter of fiscal 2009, up 13% compared to the year-ago quarter, and up 3% sequentially.  Bookings were exceptionally strong as the company signed more business in the fourth quarter than in any of the quarter in the company's history. Looking ahead, it expects the demand environment to remain solid throughout the fiscal year.  The long-term growth rate for both revenue and earnings is driven by new customer additions and cost selling of new services. The company signs more new business in the most ...

Hewlett Packard Company (HPQ) is planning to take over networking gear maker 3Com Corporation (COMS). The acquisition, valued at $2.7 billion, enables HP to challenge networking leader Cisco Systems Inc. (CSCO) on its own turf. HP’s current networking products, sold under the ProCurve brand, generate around $1 billion in annual sales (less than 1% of the company’s total revenue). The product line lacks competitive data center switches, which makes it hard to take market share from well-entrenched Cisco. 3Com's expertise is in networking products for data centers, which supports HP's ProCurve networking equipment. Although the company has seen better times, it has been beefing up its portfolio by utilizing its design capabilities in low-cost China. The company is, therefore, in a position to compete aggressively on price. 3Com’s challenges include its poor brand value in American and European markets and its weak position in ...

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Tuesday November 10, 2009

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PowerSafe Technology Corporation (PSFT.PK) subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

Glimcher Realty Trust (NYSE: GRT), one of the country’s premier retail REITs today announced the appointment of Ward A. Kampf, as Vice President, Leasing, effective Wednesday, November

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A recent press release from NCR Corp. (NCR) confirms that it has purchased the assets of a market-leading provider of kiosk and digital signage software applications, Netkey, Inc. for an undisclosed amount. We believe that after acquisition NCR is expected to integrate Netkey’s software with its own technologies to deliver world class enterprise solutions, including both hardware and software solutions to its clients.

This acquisition is expected to provide NCR with a good digital signage application platform, which is built on the same platform as Netkey’s kiosk applications, thereby helping the deployment and support of NCR’s solutions.

It will also enable NCR to help customers across multiple industries with kiosk and digital signage solutions that deliver more effective transactions, promotions and information which is the main reason for the merger. The more customer-friendly solutions are expected to attract new customers.

This should be a positive in the current environment, especially considering the

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Omnicell Inc. (OMCL) reported third quarter 2009 earnings per share of 10 cents yesterday, beating the Zacks Consensus Estimate of 2 cents. However, earnings per share came below the year-ago figure of 18 cents.  Total revenues for the reported quarter were $54.0 million, declining 16.1% year over year. The decline can be attributed to lower demand for the company’s products due to the current economic turbulence. Omnicell is a leading provider of systems and software solutions that develops end-to-end automation solutions for the medication-use process.  Omnicell’s products are primarily purchased by hospitals and nursing homes which are presently grappling with the current economic scenario of weak credit markets, rising expenses, higher unemployment, and erosion of wealth. This has ultimately resulted in a decline in net sales.  Omnicell reported a contraction in margins due to lower sales and higher expenses. Gross margin declined 40 basis points ...

Lawson Software Inc. (LWSN) yesterday reported revenues of $169 million in the first quarter of fiscal 2010, down 11% year over year and down 9.1% sequentially, but in line with management’s guidance of revenues between $160 million and $165 million. Excluding the unfavorable movement in exchange rates, revenues were down 6%. Lawson provides enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries. Lawson derives its revenue from software license fees, customer support and maintenance fees and consulting fees. License fees grew 23% year over year, driven primarily by increases in healthcare, public sector and equipment service management & rental vertical markets. Maintenance services declined 4%. Consulting revenues declined 29%, driven by fewer billable consultants. The company reduced the size of its consulting staff as part of a strategy to move more implementation services ...

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Thursday October 1st, 2009

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IMCI, Infinite Group Inc., IMCI.OB

 

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Cloud-CastSM Named to Amazon Web Services Solution Provider Program

PITTSFORD, N.Y.–(CRWENEWSWIRE)–Cloud-CastSM, a division of Infinite Group, Inc. (OTCBB:IMCI), today announced that it has been selected by Amazon Web Services, an Amazon.com company, to join the Amazon Web Services (AWS) Solution Provider Program. Amazon Web Services provides companies of all sizes with a web services platform in the cloud, and the AWS Solution Provider Program includes Cloud-Cast among a select group of organizations that will deliver solutions and consulting services on the AWS infrastructure platform.

Focused

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Lawson Software, Inc. (LWSN) is expected to report fiscal first quarter results on Sep 30, 2009.

Based in Minnesota, Lawson is a leading provider of enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries.

LWSN expects revenues between $160 million and $165 million in the quarter, down 14% to 16% year over year, as the company expects recessionary conditions to moderate in late 2009 or early 2010. The unfavorable movement in foreign exchange rates is expected to account for half of this decline.

EPS is forecasted around 5 cents. Margins are expected to show improvement in fiscal 2010 due to cost-cutting measures undertaken by management.

The company earlier reported in line results for the fiscal fourth quarter. Business for Lawson continues to be adversely affected by the deteriorating global economy as most customers have tightened their budgets. The slowdown

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Wipro Ltd. (WIT), India's No. 3 outsourcing company, won a three-year IT services contract to provide SAP enterprise applications management services to Aquarion Water Company, one of the largest water utilities in the United States.

Under the agreement, Wipro will provide its competency-based FlexDelivery model in conjunction with Run SAP Methodology to provide business, technical and service delivery management support.

Wipro's innovative FlexDelivery model to manage the enterprise application landscape has been deployed by more than 34 customers to handle complexity and criticality of environment and business processes, variability in work volume typical in application maintenance and support engagements. The delivery is rendered from globally-located FlexDelivery centers using standardized platform of tools and processes with teams aligned by competency. FlexDelivery has led to 10-15% improvement in service level and end-user experience.

Wipro is a global provider of IT services, software solutions, and research and development (R&D) services. It has development centers

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Wednesday September 16, 2009

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CMARK International, Inc., (Pink Sheets: CMIT) a global provider of facility and logistic support services for government and commercial institutions just completed design, outfitting and installation of food service equipment and furnishings for 2 new U.S. Army dining facilities in Georgia. Each facility is approximately 22,000 square feet and feeds approximately 1400 soldiers per meal. The company completed both of these jobs simultaneously at Fort Gordon near August, GA and Fort Benning near Columbus, GA.

Globecomm Systems Inc.

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