Aruba Networks Reports Record Fourth Quarter and Fiscal Year 2011 Financial Results

    Grew Fiscal Year Revenue 49 percent to $396.5 million
    Record Revenue of $113.8 Million in Q4 Increased 47 Percent Year-over-Year
    Added Over 1,500 New Customers in Q4 to Surpass 15,500 Cumulative Customers
    Cash and Short Term Investments Increased $23.2 Million in Q4 to $234.0 Million With No Debt

Aruba Networks, Inc. (NASDAQ:ARUN - News), a global leader in distributed enterprise network solutions, today released financial results for its fiscal fourth quarter and fiscal year ended July 31, 2011.

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InterDigital Exploring Potential Strategic Alternatives

InterDigital, Inc. (NASDAQ:IDCC - News) today announced that its Board of Directors has initiated a process to explore and evaluate potential strategic alternatives for the company, which may include a sale or other transaction.

“We continue to be optimistic about the prospects for the company under its current business plan,” stated Terry Clontz, Chairman of InterDigital’s Board of Directors. “That said, over the past year we have seen the value of intellectual property rise substantially as major players in the mobile industry increasingly understand the strategic and economic value of this type of asset. As a result, the Board believes it is an appropriate time to explore potential strategic options that may enhance shareholder value.”

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Samsung Fiber Optics Chooses RiT Technologies as OEM Partner for Advanced IIM Solutions

Partnership has Already Generated an Initial Significant Deal

RiT Technologies (NASDAQ: RITT), the leading provider of intelligent infrastructure management solutions, today announcedthat it has formed a strategic partnership with Samsung Fiber Optics under which Samsung Fiber Optics will market, sell and distribute RiT's PatchView™ intelligent infrastructure management (IIM) solution on an OEM basis.

As the partnership's first project, Samsung Fiber Optics has deployed a cutting-edge PatchView™ IIM system in one of Korea's largest convention and exhibition centers. This highly visible installation demonstrates the growing traction of the managed infrastructure concept throughout Korea, a market where managed infrastructure systems are becoming ubiquitous in residential, enterprise and commercial settings.

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ICO Global and DISH Networks Enter into Implementation and Restructuring Support Agreements Regarding DBSD North America Reorganization

ICO Global Communications (Holdings) Limited (NASDAQ: ICOG) ("ICO") announced today that it has entered into a Restructuring Support Agreement and Implementation Agreement with DISH Network Corporation (NASDAQ: DISH) ("DISH"). Pursuant to these agreements, ICO has agreed to support a proposed amended Investment Agreement between DISH and ICO's subsidiary, DBSD North America, Inc. ("DBSD"), has granted to DISH options to acquire certain ICO assets, and has agreed to grant to DBSD certain spectrum priority rights. These agreements do not diminish or otherwise alter ICO's obligations to Jay & Jayendra (Pty) Ltd, nor do they affect in any manner ICO's ongoing litigation with The Boeing Company and its subsidiary, Boeing Satellite Services, Inc. ICO retains all rights to such litigation.

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ISTANBUL, TURKEY - October 21, 2010 (Investorideas.com newswire) - TouchIT Technologies, Inc. (OTC.BB:TUCN), a leading manufacturer of touch-based visual communication products, has announced today that the Version 2.0 update for Wizteach is now available for its customers.

 

Version 2.0 of Wizteach adds a whole host of new features that improve the user experience with the product. Most notable are a new resizable main tool pallet with integrated drawing tools and Microsoft Office Annotation. A video of the new features can be found on the company website www.touchittechnologies.com

 

"The new features are a real step forward for the software," commented Ronnie Murphy, President of World-Wide Sales at TouchIT Technologies.

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