InfoSpace Announces First Quarter Results and Preliminary Tax Season Update

InfoSpace, Inc. (NASDAQ: INSP) today announced financial results for the first quarter ended March 31, 2012 as well as preliminary TaxACT results for the 2011 tax season.

“We are pleased with our strong operating results in the first quarter,” said Bill Ruckelshaus, President and Chief Executive Officer of InfoSpace. “The acquisition of TaxACT in January represents a significant milestone for our company, and substantially diversifies our overall business operations. We are pleased with the performance in both our search and tax preparation businesses and feel positive about our combined Company growth and profitability outlook.”

Read more: InfoSpace Inc ( INSP )

Protalix BioTherapeutics to Review FDA Approval of ELELYSO(TM)

Protalix BioTherapeutics, Inc. (PLX.TA - News) (PLX.TA - News), announced today the Company has scheduled a conference call and webcast for Wednesday, May 2, 2012 at 8:00 AM EDT to review the U.S. Food and Drug Administration's approval of ELELYSO(TM) for the treatment of Type 1 Gaucher disease. A second conference call, in Hebrew, is also scheduled on Wednesday, May 2, 2012 at 9:45 AM EDT (45 PM IDT).

To participate in the 8:00 AM EDT investor conference call in English, please dial +1 877-868-1833 (toll free from the U.S. and Canada), or +1 914-495-8604 (for international callers); Conference ID 75877152. Investors may also access a live audio webcast of this conference call at www.protalix.com on the event calendar page.

Read more: Protalix BioTherapeutics Inc ( PLX )

Web.com Reports Record First Quarter 2012 Financial Results

    First quarter revenue and profitability exceed high end of guidance
    Added 1,600 net new subscribers, returning to positive net adds earlier than expected
    Average Revenue Per User grew 2% sequentially in 1Q
    Customer attrition remains at record low level

Web.com Group, Inc. (WWWW - News), a leading provider of internet services and online marketing solutions for small- and medium-sized businesses, today announced results for the first quarter ended March 31, 2012.

Read more: Web.com Group Inc ( WWWW )

DTS to Acquire SRS Labs in Cash-and-Stock Transaction

Combination Accelerates Growth in Rapidly Growing Mobile and Other Network-Connected Markets --- Brings Together Leaders in Codec Solutions and Audio Processing --- Transaction Expected to be Accretive to DTS by 2013

DTS, Inc. (Nasdaq:DTSI - News), a leader in high-definition audio, and SRS Labs, Inc. (Nasdaq:SRSL - News), a leader in audio processing and enhancement technologies, today announced that they have entered into a definitive agreement under which DTS will acquire all outstanding shares of SRS Labs in a cash-and-stock transaction valued at $9.50 per share, or a total of approximately $148 million in aggregate equity value, including acquired net cash of approximately $38 million as of December 31, 2011.

Read more: SRS Labs Inc ( SRSL )

Wizzard Signs Deal To Acquire FAB

Prepares Shareholder Spin-Off of Home Healthcare Business

Wizzard Software Corporation (NYSE Amex: WZE), the world’s leading podcast network, today announced that it has signed a definitive share exchange agreement to acquire 100% of the outstanding shares of Digital Entertainment International Ltd., herein referred to as FAB, a leading licensor and distributor of copyright-protected digital media content in China.

FAB generated audited revenues of $39.1 million in 2009, $55.5 million in 2010 and $70.9 million in 2011. Net income generated by FAB was $4.6 million in 2009, $11.5 million in 2010 and $15.3 million in 2011.

Read more: Wizzard Software Corporation ( WZE )