eOn Communications Reports Strong Fourth Quarter and Total Year Revenue with Fourth Quarter Profitability

eOn Communications Corporation((TM)) (Nasdaq: EONC) (the "Company"), a leading provider of telecommunications solutions, today reported fourth quarter and fiscal year ended July 31, 2009 results.

Fourth quarter revenue increased 217% to $5,089,000 from $1,604,000 in the fourth quarter of last year and increased 106% compared to revenues of $2,465,000 in the third quarter of this year. Net income for the quarter was $111,000 or $0.04 per common share compared to a net loss of $338,000 or $0.12 per common share in the quarter ended July 31, 2008. Included in the net income for the quarter was $480,000 of imputed interest expense due to the amortization of the difference between the face value of the contingent obligation to the former Cortelco shareholders and the discounted present value of the note payable recorded on the balance sheet.

Published: 09 November 2009
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More than 3 Million SIM Cards Activated by Evolving Systems’ Dynamic SIM Allocation™ as Solution Gathers Momentum

• 1 customer in 2007, 2 in 2008 and 4 in 2009 • Customers in Asia, Africa, Europe and Latin America • Partnering with the world’s leading SIM card manufacturers • Currently averaging more than ½ million allocations a month  

3 November 2009 - Evolving Systems, Inc. (NasdaqCM-EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that the company’s pioneering Dynamic SIM Allocation™ solution has activated more than 3 million prepaid SIM cards worldwide, underlying its success in delivering a compelling alternative to the traditional pre-provisioning model.

Published: 02 November 2009
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AsiaInfo Reports Third Quarter 2009 Financial Results

AsiaInfo Holdings, Inc. (Nasdaq: ASIA) ("AsiaInfo" or the "Company"), a leading provider of telecom software solutions and IT security products and services in China, today announced financial results for the third quarter of 2009.

"This past quarter marks another period of strong growth in which we met net revenue and exceeded EPS guidance," said Steve Zhang, AsiaInfo's president and chief executive officer. "This is especially notable as it comes on top of nearly 45% net revenue growth in the third quarter of 2008. During the quarter, we also took our first step into Southeast Asia by establishing a joint venture in Singapore, which will contribute sales and marketing expertise and help us cultivate strong partnerships in the region. In addition, in early October, we announced our acquisition of SmartCall, which provides us with the resources and expertise to fully execute end-to-end, targeted marketing campaigns.

Published: 29 October 2009
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RADCOM Presents Smartphone Service Optimization for Mobile Networks

RADCOM Ltd. (NASDAQ: RDCM) a leading provider of Service Assurance solutions, today unveiled its Smartphone Service Optimization solution for cellular data networks.

RADCOM's award-winning service assurance solution can now play a major role in the successful deployment of Smartphone services on both UMTS and CDMA2000 wireless networks. Smart phones such as Apple's iPhone(TM), have enjoyed considerable success with over 30 million handset sales worldwide to date, for iPhone alone. The multitude of Smartphone applications coupled with subscriber usage habits have turned the Smartphone into the "data guzzler" of the mobile world. RADCOM's solution provides crucial visibility into Smartphone multimedia services across the network as well as into customer quality of experience. This visibility enables engineers to quickly and efficiently troubleshoot problems, customer care to provide effective solutions to subscribers and marketing to optimize Smartphone applications.

Published: 22 October 2009
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Cisco Announces Agreement to Acquire Starent Networks

Cisco® (NASDAQ:CSCO) and Starent Networks (NASDAQ:STAR) today announced a definitive agreement for Cisco to acquire Starent Networks. Starent Networks is a leading supplier of IP-based mobile infrastructure solutions targeting mobile and converged carriers. The Mobile Internet is at an inflection point as IP-enabled Smartphones and other connected mobile devices gain rapid acceptance. Service Providers have been actively investing in this market as global mobile data traffic is expected to more than double every year through 2013, according to the Cisco Visual Networking Index.

Under the terms of the agreement, Cisco will pay $35 per share in cash in exchange for each share of Starent Networks and assume outstanding equity awards for an aggregate purchase price of approximately $2.9 billion. The acquisition has been approved by the boards of directors of both companies.

Published: 13 October 2009
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