Sierra Wireless Inc. (SWIR), a leading provider of embedded modules for mobile computing, is quickly expanding its related business vertical of industrial solutions or machine-to-machine (M2M) wireless communications services, a rapidly growing market opportunity. This new business model is emerging as a potential source of massive revenues to several wireless network operators and equipment manufacturers. According to various industry sources, globally M2M connections may exceed 200 million by 2014 with a total market valuation of approximately $57 billion.   Yesterday, Sierra entered into business collaboration with Atos Worldline, a division of Atos Origin, to provide M2M wireless solutions to the power, facilities management, retail, health, transport and manufacturing industry sectors. Atos Origin is a leading global IT services company.  With this alliance, Atos and Sierra will integrate their respective M2M services platforms of Worldline M2M and M2MOperatingPortal to offer a single global product for the M2M market.  ...

Yesterday, ADC Telecommunications Inc. (ADCT) declared third-quarter results after market close. Total revenue rose 3% sequentially to $283.4 million but was down 25.8% year over year. Quarterly revenue was also 1.2% better than the Zacks Consensus Estimate. The significant drop in year-over-year sales was a weak performance of all three business segments whereas sequential improvement primarily came from higher sales of Global Connectivity Solutions in the U.S. and Asia-Pacific regions.

On a GAAP basis, net earnings in the third quarter was $5.6 million, or 6 cents per share, compared to $13.4 million, or 11 cents, in the prior-year period and a net loss of $9.6 million, or 10 cents per share, in the previous quarter. However, ADC’s quarterly adjusted profit of $16.5 million, or 17 cents a share, beat the Zacks Consensus Estimate of 13 cents.

Quarterly gross margin was 34.8%, up from 34.2% a year ago and

...

TTI Team Telecom International Ltd. (Nasdaq:TTIL), a global supplier of Operations Support Systems (OSS) to communication service providers, announced August 24, 2009 that it will release the second quarter 2009 results on August 25, 2009.

Harris Stratex Networks, Inc. (Nasdaq: HSTX), a leading provider of wireless solutions that enable the evolution of next-generation fixed and mobile broadband networks, announced August 24, 2009 it was recognized by Voice&Data magazine as the top company in India’s WiMAX equipment market at this year’s tenth annual V&D100 Awards. According to Voice&Data’s fiscal year 2008-2009 industry analysis, Harris Stratex led the WiMAX broadband infrastructure sector in India with an estimated 70 percent market share, maintaining its leadership from the previous year. Raj Kumar, Harris Stratex vice president of Asia, received the prestigious award at a ceremony held at ITC Maurya in New Delhi. Telecom Regulatory Authority of India (TRAI) Chairman J. S. Sarma was the chief

...

First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services today introduced RealQuest(R) Home Value Pro, a free Apple iPhone application that enables individuals to view comprehensive market data on over 140 million residential properties in the United States from the iPhone(R).

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 it has signed a contract with ICOMM, one of India’s leading groups in the field of telecom, power transmission and distribution EPC, solar and infrastructure, to supply, install, commission and maintain an IEEE 802.16e mobile WiMAX network for Bharat Sanchar Nigam Ltd (BSNL). Under the multi-year contract, Harris Stratex will supply its StarMAX(TM) WiMAX solution to extend BSNL’s public wireless access network to provide high-speed wireless

...

Sierra Wireless Inc. provides wireless wide area modem solutions for the mobile computing, rugged mobile, and machine-to-machine (M2M) markets. They offer innovative wireless solutions that meet customer’s needs.

Sierra Wireless has shown itself to be a leader in the wireless market by delivering a range of solutions for mobile application. Being cost effective, innovative and responsive to the needs of its customers has set the company apart from their competitors.

The trend for remote connectivity and data access is fueled by demand for real-time access to information, including the Internet, corporate intranets, and e-mail. Sierra Wireless, along with its partners, have developed a complete wireless solution in sales force automation, public safety, transportation, e-commerce, health care and utilities.

Their products and solutions are able to connect people, their mobile computers, and fixed terminals to wireless voice and mobile broadband networks. These products are confidently used by businesses, consumers,

...

PennyOmega.com Short Highlights Before the Bell!

PennyOmega.com Short Highlights Before The Bell!

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Tuesday August 11, 2009

**************************************************************

IXYS Corporation (NASDAQ:IXYS) announced today its extension of its diode rectifier module range to 3,400 volts repetitive reverse voltage. The dual rectifier diode module with a part number MDD175-34N1 features two diodes in an industry standard module. Each diode is rated at 175 Amps average current at a case temperature of 100 degrees centigrade and rated to 3,400V operation up to 125 degrees centigrade.

Universal Power Group, Inc. (NYSE Amex: UPG), a Texas-based distributor and supplier of batteries and related power accessories and a provider of

...

We upgrade our rating to Buy for ADC Telecommunications (ADCT), a leading telecom network infrastructure and connectivity solutions provider. In addition to reporting second quarter fiscal 2009 financial results (ending May 1) well above our expectations, ADCT is likely to improve operating performance as large telecom carriers in the U.S. increase spending for fiber-based networks.Massive deployment in China for home-grown 3G networking technology and backhaul provides high-growth revenue-generating opportunities for ADCT. Furthermore, management initiated restructuring activities, including headcount reductions, improving the company's earnings power and adding liquidity to its balance sheet. The current valuation level, at a discount of approximately 50% from the 52-week high range, is considered more favorable from a longer-term investment perspective.During the first half of fiscal 2009, ADCT secured contracts from approximately 15 new enterprise clients. Cable TV companies are also emerging as major business prospects as they improve broadband ...

iB3 Networks, Inc. is a Microsoft Gold Certified Partner with a proven track record of delivering scalable hosting solutions, managed hosting, dedicated hosting and Co-location, world-class IT infrastructure, 100% uptime SLA and 24×7 FirstCall Support, help desk, design and implementation of networks, security and Internet monitoring, technical support, web development, application development, database development and support, wireless solutions, and is a certified reseller of Dell servers and PC’s.

The company’s business strategy is based on the successful strategies of previous technology and software companies. In 2007, iB3 Networks acquired iBeam Solutions, LLC, a Microsoft Gold Certified Partner IT company founded in 2000. As a part of iBeam acquisition, iB3 expanded its services to include scalable hosting solutions, managed hosting, dedicated hosting and Co-location, and became a comprehensive provider of technology solutions to businesses.

In February of 2009, iB3 Networks and iBeam Solutions together signed an agreement to exclusively operate a 10,000 square

...

Phantom Fiber Corporation, growing wireless software developer, has now signed a multi-year contract with Mahjong Time, the world’s leading online mahjong club, to take the company’s popular online Mahjong offering to the worldwide mobile market. Users will be able to log on to Mahjong Time through Phantom’s mobile platform from any Blackberry, Apple iPhone, Microsoft Pocket/PC, Palm, or hundreds of other handheld device types, from anywhere in the world.

The mobile link will give users the same graphics and speed qualities of the current online experience, and will include the features that have made Mahjong Time the most popular online Mahjong site in the world, such as multiple game types and languages, practice play, and tournaments. Phantom Fiber will receive an integration fee, plus a piece of the ongoing revenue generated by mobile subscribers.

Jeff Halloran, Phantom Fiber Chairman & CEO, emphasized the growth opportunity the contract represents for Fiber, “We

...

Airspan Networks, Inc. (NASDAQ:AIRN), a Florida based supplier of broadband wireless access equipment, has once again been chosen by global IT business solutions provider Comarch for a high-speed WiMAX network, this time in the newly independent southern European nation of Montenegro. The WiMAX network is being deployed by Promonte, the largest mobile operator in Montenegro, and a subsidiary of Norwegian mobile telecommunications giant Telenor.

Airspan, a leading supplier of wireless solutions since 1992, has become an increasingly trusted partner with Telenor in wireless telecommunications projects. In September Airspan announced a multi-year contract with Telenor, to expand their national IP network across Norway.

The Montenegro WiMAX deployment will be country-wide, providing their growing and technology-hungry economy with high-quality IP services which businesses can easily link into by using subscriber terminals. Comarch’s VP of Telecommunications Piotr Piatosa said, “When Promonte decided to expand their mobile services portfolio to offer IP-based services, it became

...