- 50% Quarter-over-Quarter Growth in Contracted Backlog

- Second Quarter Results Conference Call to be Held on or before August 14, 2017

 

NEW YORK, July 11, 2017 -- Pareteum Corporation (NYSE MKT: TEUM) ("Pareteum" or the "Company"), a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced that the Company expects to report revenues exceeding analyst expectations of $3 million for the second quarter ended June 30, 2017.

 

The Company's contracted backlog stands at approximately $60 million, to date. This contractual backlog is generated by each of the Company's Managed Services customers who have entered into multi-year Software-as-a-Service agreements with Pareteum and consists of guaranteed minimum monthly recurring fees, as well as contractually forecasted subscribers and their resulting monthly recurring revenue.

WATERLOO, ON, June 27, 2017  - Sandvine Corporation ("Sandvine" or the "Company") (TSX: SVC), announced today that it has received a binding offer from an affiliate of Francisco Partners (the "New Offeror"), pursuant to which the New Offeror, has offered to acquire all of the issued and outstanding common shares of the Company by way of plan of arrangement for cash consideration of CAD$4.15 per share (the "New Offer").

 

The New Offer was solicited by the Company during the "go-shop" period permitted under its agreement with Scalar Acquireco Corp. ("Scalar"), an affiliate of Vector Capital ("Vector").

SAN JOSE, Calif. and DORTMUND, Germany, June 28, 2017 -- Tandberg Data and Overland Storage, subsidiaries of Sphere 3D Corp. (NASDAQ:ANY) and both long time leading storage companies, today announced the launch of their new brand and logo Overland-Tandberg™.  The new Overland-Tandberg brand represents more than 30 years of history, trust, superior service, and data protection leadership. It offers a comprehensive portfolio for storage, backup, disaster recovery, archiving and data protection.

 

One of the most pressing data security challenges businesses are facing today is how to best protect themselves against malicious software like Ransomware, crypto viruses and Trojans. This threat was painfully illustrated recently by the global “Wannacry” attack that caused widespread and critical disruption to business continuity. With these threats now being part of daily business risks, it is a high priority for businesses to protect critical business data and to ensure the fastest recovery and business continuity in the unfortunate case of falling victim to an attack.

TORONTO, ON--(June 26, 2017) - Gaming Nation Inc. ("Gaming Nation" or the "Company") (TSX VENTURE: FAN), announced today that it has entered into an arrangement agreement (the "Arrangement Agreement") with OC Special Opportunities Fund, LP, a private investment fund, managed by Orange Capital Ventures GP, LLC (collectively, "Orange Capital'). Under the Arrangement Agreement, and with the unanimous support from Gaming Nation's board of directors (the "Board"), Orange Capital will acquire all of the issued and outstanding shares of Gaming Nation, other than certain shares held by members of management and the Board, for CAD$0.95 in cash per share. The purchase price represents a 90% premium to the unaffected closing share price of CAD$0.50 on February 22, 2017, the day prior to the announcement of the Company's strategic review process. The price per share implies an aggregate fully‐diluted equity value for Gaming Nation of approximately CAD$44 million.