SARASOTA, Fla. - April 13, 2010 (Investorideas.com Tech Stocks Newswire) - MobileBits Holdings Corp., (OTC Bulletin Board:MBIT.ob), a global technology company, today announced its plans to launch the world's first automated mobile answer application, MobileBits™. With MobileBits™, consumers will now be able to ask questions and quickly receive relevant answers and information on a broad scope of content.

Designed specifically to meet the needs of mobile consumers, the MobileBits™ application will simplify access to a world of content and enhance performance by delivering answers, not links, to search queries. The mobile community will be able to ask questions on a wide variety of information such as "What is the status of Southwest flight 2974?" or "What is the 52 week high for MBIT?".

Cisco Introduces Foundation for Next-Generation Internet: The Cisco CRS-3 Carrier Routing System

Advanced Platform Designed to Deliver New Wave of Video, Mobile and Data Center/Cloud Services

Cisco (NASDAQ:CSCO) today announced a major advancement in Internet networking -- the Cisco® CRS-3 Carrier Routing System (CRS) -- designed to serve as the foundation of the next-generation Internet and set the pace for the astonishing growth of video transmission, mobile devices and new online services through this decade and beyond.

With more than 12 times the traffic capacity of the nearest competing system, the Cisco CRS-3 is designed to transform the broadband communication and entertainment industry by accelerating the delivery of compelling new experiences for consumers, new revenue opportunities for service providers, and new ways to collaborate in the workplace.

Xyratex Ltd Reports Preliminary Results for the First Quarter Fiscal Year 2010

Xyratex Ltd (Nasdaq: XRTX), a leading provider of enterprise class data storage subsystems and storage process technology, today announced preliminary results for its fiscal 2010 first quarter, which ended February 28, 2010.

Xyratex expects to report revenues for the first quarter of fiscal 2010 in the range of $313 to $318 million. This compares to the Company's guidance of revenues between $245 and $285 million.

Xyratex expects GAAP earnings per diluted share for the first quarter of fiscal 2010 to be in the range of $0.77 to $0.87. This compares to guidance of between $0.24 and $0.52.

ADC Reports First Quarter 2010 Financial Results

ADC (NASDAQ: ADCT) today announced unaudited results for its first quarter ended January 1, 2010.

“ADC’s strong first quarter results demonstrate the positive impact of our ongoing efforts to streamline operations,” said Robert E. Switz, chairman, president and chief executive officer of ADC. “We delivered very good gross margins, managed operating expenses effectively in the face of what remains a challenging CAPEX-spending environment, and bolstered our already strong liquidity position. Based on these results, we’re pleased with the continued improvements in our financial performance and expect to demonstrate further progress as we move through fiscal 2010.

“As we continue to realize the benefits of our improved operations, we expect to drive additional earnings power by maintaining our commitment to creating a more effective and efficient organization,” added Switz.