Med-Eng Holdings ULC to Acquire Pacific Safety Products Inc. for $0.21 Per Common Share in All-Cash Transaction

ARNPRIOR, ONTARIO--( Nov. 10, 2016) -Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or the "Company") announced today that it has entered into an arrangement agreement (the "Arrangement Agreement") with Med-Eng Holdings ULC (the "Buyer"), a Canadian wholly owned subsidiary of Safariland, LLC ("Safariland"), under which the Buyer will acquire all of the outstanding common shares of PSP for $0.21 per share in cash.  
 
The purchase price represents a premium of approximately 23.5% to the closing price of PSP's common shares on the TSX Venture Exchange on November 9, 2016 and a premium of approximately 25.9% to PSP's volume weighted average share price for the twenty trading days ending November 9, 2016.
Published: 10 November 2016
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Digital Ally Receives Favorable Ruling in Lawsuit Against Taser International

LENEXA, KS--(Marketwired - Oct 14, 2016) - Digital Ally, Inc. ( NASDAQ : DGLY ) (the "Company"), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that on October 13, 2016, the Federal District Court issued a ruling that denied the request of Taser International, Inc. ("Taser") to continue the stay of discovery on the Antitrust claims included in Digital Ally's lawsuit against Taser. The ruling allows Digital Ally to commence discovery, which eventually will include requests for production of documents, interrogatories, and depositions of Taser employees, former employees and consultants. The ruling also will also allow Digital Ally to undertake discovery of Taser's customers beginning with subpoenas, production of documents and, in time, depositions of the customer's employees, former employees, officials and consultants.
Published: 14 October 2016
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Ixia Announces Financial Results for 2015 Fourth Quarter and Full Year

Board of Directors Authorizes Share Repurchase Program

CALABASAS, Calif. -- Ixia (Nasdaq: XXIA) today reported its financial results for the fourth quarter and year ended December 31, 2015.

Total revenue for the 2015 fourth quarter was $138.5 million, up 9 percent, compared with $127.2 million reported for the 2014 fourth quarter and up 10 percent compared with $125.9 million reported for the 2015 third quarter. Total revenue for full year 2015 was $516.9 million, an increase of 11 percent compared with $464.5 million reported for full year 2014.

"The fourth quarter was a strong finish to a record year. We grew full year revenue 11 percent to surpass the $500 million annual revenue milestone,” said Bethany Mayer, Ixia's president and chief executive officer.

Published: 24 February 2016
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CalAmp to Acquire LoJack Corporation

Combination Creates Leader in Connected Car Solutions and Vehicle Telematics Applications With More Than $400 Million in Annual Revenue Expected in Fiscal 2017 Expected to Be Accretive to CalAmp Non-GAAP Earnings per Share by $0.15 to $0.25 in First 12 Months Transaction Value of Approximately $134 Million

OXNARD, CA and CANTON, MA--(Feb 1, 2016) -  CalAmp (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, and LoJack Corporation (NASDAQ: LOJN) ("LoJack"), a provider of vehicle theft recovery systems and advanced fleet management solutions, today announced that the companies have entered into a definitive agreement pursuant to which CalAmp will acquire all of the outstanding shares of common stock of LoJack for $6.45 per share in an all cash transaction valued at approximately $134 million.

Published: 02 February 2016
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Digital Ally Announces That the U.S. Patent Office Has Confirmed the Validity of Its Revolutionary '292 Patent on Body Camera Technology

Digital Ally Files Lawsuit Against TASER International, Inc. for Willful Infringement and Seeks an Injunction Preventing TASER From Selling Its Axon Body Camera Product Line

LENEXA, KS--(Jan 15, 2016) - Digital Ally, Inc. (NASDAQ: DGLY) (the "Company"), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that yesterday afternoon the United States Patent Office ("USPTO") confirmed the validity of its revolutionary auto-activation technology for law enforcement body cameras. Digital Ally also has filed suit in the U.S. District Court for the District of Kansas against TASER International, Inc. ("TASER"), alleging willful patent infringement against TASER's Axon body camera product line.

Published: 15 January 2016
Written by Editor
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  1. LoJack Corporation (NASDAQ: LOJN)
  2. Raytheon Company ( RTN )
  3. Pacific Safety Products Inc ( PSP )
  4. RADA Electronic Industries ( RADA )
  5. Alarm.com Holdings Inc ( ALRM )

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