Posted on January 30th, 2008 by David Politis
ClearOne Communications (NASDAQ: CLRO) today released results from its second quarter for fiscal 2008 (ended 12/31/07), and it’s clear to see (no pun intended) that the company is solidly back on track. (Here’s a link to this morning’s announcement.)
In a nutshell, revenue for the quarter was $10.8 million up seven percent from the year ago [...]
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Posted on January 24th, 2008 by David Politis
TenFold (OTC BB: TENF) announced Wednesday that it is slashing its workforce by 40 percent, effective immediately, and that it may be forced to “terminate operations.”
According to the company news release about the layoffs, the company had expected to close “additional business” by the end of 2007, deals that were not signed.
Even though TenFold’s cash [...]
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Posted on January 22nd, 2008 by David Politis
Local, regional and national investors will be heading to the Zermatt Resort & Spa in Midway, Utah on February 8 to attend the 24th Annual Investors Choice Venture Capital Conference.
Produced by the Wayne Brown Institute, this year’s Investors Choice Conference will showcase presentations from 23 different companies seeking early or late stage funding.
Here’s a link [...]
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Posted on January 21st, 2008 by David Politis
James LeVoy Sorenson, billionaire biotech pioneer, died Sunday of prostate cancer. He was 86.
Sorenson’s influence on Utah’s biotech community began in 1957 when he co-founded Deseret Pharmaceutical. In 1962, a formed Sorenson Research, which he later sold to Abbott Laboratories.
A quick visit to the Sorenson Companies Website shows nine different biotech or high-tech entities within the Sorenson [...]
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Posted on January 17th, 2008 by David Politis
DRAPER, Utah & SAN FRANCISCO — Draper, Utah-based AdvancedMD today announced it has been acquired by Francisco Partners, a private equity company with $5 billion under management.
Financial details of the transaction were not released.
AdvancedMD’s current CEO, Jim Pack, will relinquish his position with the company; John Trzeciak, a healthcare advisor at Francisco Partners, will assume [...]
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Posted on January 17th, 2008 by David Politis
Okay. So this item should have been written a week ago, the day after I returned from Las Vegas to attend the annual technology lovefest known as the Consumer Electronics Show.
However, by the time I hit the airport Tuesday evening, I was ready to crawl up into a ball and die as I had picked up [...]
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Posted on January 11th, 2008 by David Politis
After an often gruelling, back-and-forth battle between the two leading contenders for the high-definition “video” crown — HD-DVD and Blu-Ray — it appears that Blu-Ray has scored a technical knockout.
The finishing blow was a phantom hook that came out of left field as Warner Brothers announced that it would move all of its movie titles [...]
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Posted on January 9th, 2008 by David Politis
So I made it back from the 2008 edition of the Consumer Electronics Show, and I’m fighting a major head cold that’s left me lightheaded and feeling pretty beat up.
However, before I got too far removed from Vegas, I figured I’d better make sure I uploaded this picture.
Turns out that Dolby had a pretty massive [...]
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Posted on January 8th, 2008 by David Politis
There’s a reason why the new Dreamflyer from FMS Flight Motion Simulators won the Innovations Award in the Electronic Gaming category at 2008 Consumer Electronics Show — it’s a WAY cool product!
The Kelowna, British Columbia company really hit it out of the park with the Dreamflyer as it was easily the most-photographed product in the [...]
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Posted on January 8th, 2008 by David Politis
How about spending $140,000 for a set of metal speakers? One-hundred-and-forty Gs? Yup!
KEF America landed a Best of Innovations 2008 award at the Consumer Electronics Show for its new KEF Muon Loudspeakers.
According to KEF, the Muon Loudspeakers are fabricated from super-formed aluminum in a molding process similar to vacuum forming. And yes, the speakers look [...]
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