Zhone Technologies Reports Second Quarter 2013 Financial Results

Zhone Technologies, Inc. (ZHNE), a global pioneer in FTTx network access solutions, today reported its financial results for the second quarter ended June 30, 2013. 

 Revenue for the second quarter of 2013 was $30.0 million compared to $28.4 million for the first quarter of 2013 and $30.8 million for the second quarter of 2012. Net income for the second quarter of 2013, calculated in accordance with generally accepted accounting principles (“GAAP”), was $1.1 million or $0.03 per share compared with net income of $0.2 million or $0.01 per share for the first quarter of 2013 and a net loss of $2.1 million or $0.07 per share for the second quarter of 2012.

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NTG Clarity Awarded $3.8 Million Contract for NTG Software Development Resources

NTG Clarity Networks Inc., (TSX VENTURE:NCI) is pleased to announce the Company received a Letter of Intent from a leading mobile operator in the Gulf region to provide software development resources. 70% of the resources are for a 6 month renewal for ongoing work and the other 30% is to work on a new project with the expected completion within 10 months. The contract value is approximately CAD $3.8 Million.

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Goodman Networks to Acquire Multiband

Goodman Networks Incorporated, a privately held leader in the design, engineering, deployment, integration and maintenance of wireless telecommunication networks, and Multiband Corporation, (MBND), a leading Home Service Provider (HSP) for DIRECTV and the nation's largest DIRECTV Master System Operator (MSO) for Multiple Dwelling Units (MDUs), today jointly announced that they have signed a definitive merger agreement, pursuant to which Goodman Networks will acquire Multiband.

Under the terms of the agreement, Goodman Networks will pay $3.25 per Multiband common share, redeem all of Multiband's outstanding preferred stock and repay Multiband's outstanding bank indebtedness in an all cash transaction totaling approximately $116 million.  

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Pointer Telocation Reports Q1 2013 Financial Results

- Revenues of $22.1 million
- Adjusted EBITDA - $2.8 million in Q1 2013
- Non-GAAP net income of $1.8 million in Q1 2013

Pointer Telocation Ltd. (Nasdaq CM: PNTR) - a leading developer, manufacturer and operator of Mobile Resource Management (MRM) and roadside assistance services for the automotive industry, announced today its financial results for the first quarter of 2013.

Financial Highlights

Revenues: Pointer's revenues for the first quarter of 2013 increased 2% to $22.1 million as compared to $21.6 million in the first quarter of 2012.

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RADCOM Wins a Multimillion Dollar LTE Deal

Sixth LTE Deal Recently

RADCOM Ltd. (RDCM), a leading service assurance provider, today announced the initial phase of a multi-million dollar, multi-year deal with a Tier 1 Asian operator.

RADCOM's end-to-end LTE monitoring solution will provide service assurance for one of the largest planned LTE deployments in the world. This is the sixth LTE contract RADCOM has entered recently; thus positioning RADCOM as a leader in the rapidly developing market for LTE monitoring and service assurance solutions.

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