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Mark Donahue Mark Donahue is an associate editor for Telephony magazine. Previously, he worked in The Associated Press’ Chicago bureau, as well as two trade publications. He graduated from...more

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EXFO Announces Positive Preliminary Results for First Quarter of FY 2010

EXFO Announces Positive Preliminary Results for First Quarter of FY 2010


· GAAP net earnings and sales to finish above guidance range


· Book-to-bill ratio above 1


QUEBEC CITY, CANADA, November 30, 2009—EXFO Electro-Optical Engineering Inc. (NASDAQ: EXFO; TSX: EXF) announced today preliminary results for the first quarter ended November 30, 2009.


Given a stronger-than-anticipated US dollar versus Canadian dollar and higher sales volume, EXFO’s management now expects GAAP net earnings to finish between US$0.00 and US$0.01 per diluted share for the first quarter of fiscal 2010.


The company had previously forecasted a GAAP net loss between US$0.06 and US$0.02 per share, partially based on an anticipated pre-tax, foreign exchange loss of US$0.03 per share to account for the significant weakness of the US dollar in days preceding the issuing of company guidance on October 13, 2009. more

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Related Topics: BSS/OSS, Ethernet, Global, Other |

Mu Dynamics Honored As One Of The ‘Top 20 Products in Last 20 Years’ by SC Magazine

SUNNYVALE, CA – November 30, 2009 – Mu Dynamics, the leader in IP Services testing, today announced that SC Magazine has designated Mu’s Test Suite as one of its Top 20 Products in Last 20 Years.


In determining recipients of the ‘Top 20 Products in the Last 20 Years’ honors, SC Magazine Technology Editor and Norwich University Chief Information Security Officer Peter Stephenson notes there has been “an evolution in security products” over the last twenty years. The Mu test solution embodies many of the positive aspects of this evolution. The power and flexibility of the Mu solution to rapidly test any IP service or product by using existing customer scripts, or joining the thousands of users leveraging community content from pcapr.net site as the basis for testing is what makes their solution worthy of this recognition as one of the top information security products to hit the more

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Related Topics: BSS/OSS, Other |

NUANCE POWERS AT&T VOICEMAIL TO TEXT

NUANCE POWERS AT&T VOICEMAIL TO TEXT


Service Lets Customers Read Wireless Voicemails Any Time, Any Place via Computer or Mobile Phone


BURLINGTON, MA – November 30, 2009 – Nuance Communications, Inc. (NASDAQ: NUAN), a leading provider of speech solutions, today announced its Voicemail to Text platform is powering the recently launched AT&T Voicemail to Text service. The service converts English and Spanish language wireless voicemail messages to text and delivers them via SMS, email or both, providing convenience and flexibility in how subscribers access, file and reply to mobile voicemail. more

Clearwire Announces Pricing of Additional $920 Million of 12 Percent Senior Secured Notes Due 2015, Expanding Note Facility to $2.78 Billion

Combination of Bond Offerings and Latest Equity Investments Provides Clearwire with over $2.8 Billion of Incremental Capital and Retires Prior $1.4 Billion Loan Facility


Press Release

Source: Clearwire Corporation

On 8:22 pm EST, Tuesday November 24, 2009


KIRKLAND, Wash.–Clearwire Corporation (NASDAQ: CLWR - News) today announced that Clearwire Escrow Corporation, an unrestricted subsidiary of Clearwire Communications LLC, has priced a supplemental offering of an additional $920,000,000 aggregate principal amount of 12% senior secured notes due 2015 at an issue price of 97.9% (the “Notes”). This offering is in addition to the completion of today’s offering of $1,852,494,000 aggregate principal amount of 12% senior secured notes due 2015. more

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Related Topics: 3G/4G, WiMax, Wireless, Other |

Nortel Selects Ericsson and Kapsch as Successful Bidders for GSM/GSM-R Business

Nortel Selects Ericsson and Kapsch as Successful Bidders for GSM/GSM-R Business


Ericsson and Kapsch emerge as successful joint bidders for US$103 million in cash

Sale to include substantially all of the assets of th global GSM/GSM-R business with approximately 680 Nortel employees


U.S. and Canadian court approvals of sale will be sought at a joint hearing on December 2, 2009

TORONTO


November 25, 2009 — Nortel* Networks Corporation [OTC: NRTLQ] announced that it, its principal operating subsidiary Nortel Networks Limited (NNL), and certain of its other subsidiaries, including Nortel Networks Inc., Nortel Networks UK Limited (in administration), and Nortel Networks SA (NNSA) have concluded a successful auction of substantially all of the global assets of Nortel’s GSM/GSM-R business. Telefonaktiebolaget LM Ericsson (”Ericsson”) and Kapsch CarrierCom AG (”Kapsch”) are the winning joint bidders with a purchase price of US$103 million in cash. more

REDCOM Picks Mocana to Secure Carrier Class 4/5 IP Softswitch Solutions

REDCOM Picks Mocana to Secure Carrier Class 4/5 IP Softswitch Solutions


Victor, N.Y. and San Francisco (November 24, 2009) – REDCOM Laboratories Inc., a company that designs and manufactures digital and IP-enabled telecommunications systems, today announced a technology partnership with Mocana to secure REDCOM’s TRANSip® IP technology suite. REDCOM announced an agreement to integrate Mocana’s NanoSSLâ„¢ Advancedâ„¢ device integrity software to implement secure SIP over TLS and to encrypt remote administration of REDCOM HDX and SLICE® 2100â„¢ softswitches. Mocana’s security technology embedded within these REDCOM platforms protects users from eavesdropping, data theft and VoIP man-in-the-middle attacks by encrypting content and authenticating endpoints at carrier-class traffic volumes and speeds.


TRANSip is a Mocana-secured, fully integrated VoIP and TDM solution available for the REDCOM HDX and SLICE 2100 Carrier Class 4/5 softswitch platforms that incorporates the benefits of TDM and IP technologies. TRANSip provides a SIP Call Controller, Media Gateway, more

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Related Topics: VOIP, Other |

Digital Rapids Receives Dual Honors for 2009 Broadband Video Transcoding Leadership and Strategy from Frost & Sullivan

Recognized with Market Share Leadership Award and selected to Hot Company Watchlist in World Broadband Video Transcoders Market


Digital Rapids LogoNovember 24, 2009 — Markham, Ontario: Digital Rapids – the leading provider of tools and solutions for bringing television, film and web content to wider audiences — announced today that the company has been recognized with two prestigious accolades from respected global analyst firm Frost & Sullivan. Digital Rapids has been honored with a 2009 Market Share Leadership Award in the World Broadband Transcoders Market, and selected to Frost & Sullivan’s Hot Company Watchlist for Digital Rapids’ forward-looking strategies and continued strong growth potential.


The 2009 honors mark the second time that Digital Rapids has earned dual recognition from Frost & Sullivan. In 2008, Digital Rapids received Customer Value Enhancement and Entrepreneurial Company of the Year Awards in the World more

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Related Topics: Broadband, IPTV, Other |

Forbes.com Joins Glowpoint’s Telepresence interExchange Network (TEN)


New Case Study Highlights News Provider’s Advancements in Content Acquisition and Delivery via Glowpoint’s Managed Services and Global Exchange


HILLSIDE, N.J. Nov. 24, 2009 - Glowpoint, Inc. (OTCBB: GLOW), a leading provider of advanced video communications solutions, today announced an agreement with Forbes for the use of Glowpoint’s exchange and managed video services for both internal video meetings, and for market analyst feeds from international service bureaus for its on-line programming. The agreement includes a monthly recurring service plan along with access to usage-based services via Glowpoint’s cloud-based infrastructure of MCUs and Gateways. A new case study outlines application highlights regarding how Forbes.com, a leading Internet media property, is utilizing Glowpoint’s video communications services for content acquisition and delivery on Forbes.com’s news video network.


The study (www.glowpoint.com/Forbes-CaseStudy) cites several examples of how Forbes is utilizing Glowpoint’s managed services, including office-to-office video communications and the more

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Windstream to acquire Iowa Telecommunications Services, Inc.

Windstream to acquire Iowa Telecommunications Services, Inc.


• Improves company’s financial position with free cash flow accretive transaction that lowers dividend payout ratio while maintaining solid balance sheet

• Provides approximately $35 million in annual expense and capital savings

• Includes tax assets with an estimated net present value of approximately $130 million

• Grows rural footprint with expansion into Iowa and Minnesota and adds approximately 256,000 access lines, about 95,000 high-speed Internet customers and about 26,000 digital TV customers

• Iowa Telecom Chairman and CEO Alan Wells to join Windstream board of directors


Release date: Nov. 24, 2009

LITTLE ROCK, Ark. - Windstream Corporation (NYSE: WIN) announced today that it has entered into a definitive agreement to acquire Iowa Telecommunications Services, Inc. (NYSE: IWA), based in Newton, Iowa, in a transaction valued at approximately $1.1 billion.


Iowa Telecom shareholders will receive 0.804 more

Colocation Defies Recession

November 24, 2009 — Despite the global capital crunch, colocation service providers worldwide have continued to invest in new capacity. Colocation service providers surveyed by TeleGeography have added 154,016 square meters (1.66 million square feet) of new space since the beginning of 2008, an increase of approximately 8.7 percent.


“Colocation expansion is not limited to any individual region or operator,” said TeleGeography analyst Jonathan Hjembo. “Colocation service providers are adding meaningful new capacity in a wide range of markets, including Washington, D.C., Amsterdam, London, Singapore, and Hyderabad.”


Nevertheless, colocation space is filling quickly. Half of the colo sites launched since the start of 2008 were more than 50 percent full by mid-year 2009. While ample capacity is available in aggregate, operators in some cities, such as London, San Francisco, and Los Angeles, reported fill rates of more than 80 percent. more

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Related Topics: Global, Other |

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Stay up to date on the latest news. Select press representatives post company news several times a day. Check back often to get the latest news on product releases, mergers and acquisitions, and product applications. To be included in this virtual press conference, please contact The Briefing Room.

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