– Revenues increase by 181.2% to $6,418,874 for the quarter; Year to date revenues for 6 month increases by 135.5%% to $9,333,208 – Operating Profit increases 112.5% to $1,671,241 for the quarter; Year to date Operating Profit for 6 month increases 119.9% to $1,831,359 – Net Profit increases 99.3% to $1,273,395 or 3.7 cents per share; Year to date Net Profit for 6 month increases 77.3% to $1,197,282 or 3.5 cents per share
OTTAWA, ONTARIO — (Marketwire) — 07/25/11 — International Datacasting Corporation (TSX: IDC), a leader in digital content distribution solutions for the world-s premiere broadcasters, today announces a vendor financing package, and follow on contracts with the Wananchi Group Ltd., for the rollout of a Direct-to-Home (DTH) broadcast service in Africa.International Datacasting announces that it has successfully secured a vendor financing package, which establishes a revolving credit facility
WATERLOO, ONTARIO — (Marketwire) — 07/25/11 — Research In Motion Limited (RIM) (NASDAQ: RIMM)(TSX: RIM) today provided an update on changes in responsibilities amongst the company-s senior management team, as well as additional details about the cost optimization program announced on June 16th. The changes described below are intended to create greater alignment of the organization and to streamline RIM-s operations in order to better position the company for future growth and profitability
WATERLOO, ONTARIO — (Marketwire) — 07/25/11 — Research In Motion Limited (NASDAQ: RIMM)(TSX: RIM) (RIM) announced today that Don Morrison, currently on temporary medical leave, is planning to retire from his position as Chief Operating Officer, BlackBerry following more than ten years of service with RIM."We thank Don for his outstanding service to RIM. We understand and respect his decision to retire after successfully dealing with a serious medical challenge and we wish him a quick r
PLEASANTON, CA — (Marketwire) — 07/21/11 — , Inc. (NASDAQ: PLCM), a global leader in unified communications (UC), today announced the appointment of industry veteran Tracey Newell to the position of executive vice president of Global Sales to lead Polycom-s global sales operations and execution, and accelerate the company-s growth in the UC market.Newell brings a proven track record in sales leadership to Polycom, with more than 20 years at leading companies including Juniper Networks and C
CALABASAS, CA — (Marketwire) — 07/21/11 — (NASDAQ: XXIA) today reported its financial results for the second quarter ended June 30, 2011.Total revenue for the 2011 second quarter was $69.0 million, compared with $66.1 million reported for the 2010 second quarter and $78.5 million reported for the first quarter of 2011.On a GAAP basis, the company recorded net income for the 2011 second quarter of $0.5 million, or $0.01 per diluted share, compared with a net loss of $0.4 million, or $0.01 pe