OTTAWA, Aug. 12, 2011 – ZIM Corporation (OTCBB: ZIMCF), a provider of software products and services for the database and mobile markets: today announced its financial results for its first quarter ended June 30, 2011. All figures presented are calculated in accordance with generally accepted accounting principles (GAAP) in the United States and presented in US dollars.
??Cinram Announces Lender Support of Amendment to its Credit Agreements (2011-08-12 22:32)
TORONTO, Aug. 12, 2011 – Cinram International Income Fund (TSX: CRW.UN) (together with its subsidiaries, “Cinram” or the “Fund”) today announced that it has achieved near unanimous support from its first lien and second lien lenders for its previously announced proposal to amend certain terms of its senior secured credit agreements (the “Amendments”).
??Intermedix Corporation Acquires Comprehensive Medical Billing Solutions, Inc. (2011-08-12 22:27)
Intermedix Corporation, the leading provider of technology-based business services to the emergency healthcare services industry, announced today it has acquired the assets of Comprehensive Medical Billing Solutions, Inc. (?CMBS? of Oklahoma City, Oklahoma).
??Shealy”s Truck Center Relies on Dimension Data to Manage and Support Its Online Business So They Can Keep Customers on the Road (2011-08-12 22:17)
Dimension Data, a $4.7 billion dollar global IT services and solutions provider, today announced that Shealy?s Truck Center has enlisted the company?s support for their business critical online network that is responsible for managing regional truck sales and the two service centers through the installation and management of Uptime powered by Cisco Services.
??CWA Files Unfair Labor Practice Charges Against Verizon (2011-08-12 22:17)
The Communications Workers of America has filed unfair labor practice charges against Verizon Communications for labor law violations in contract negotiations covering Verizon, Verizon Wireless and VCSI workers. The charges, filed with National Labor Relations Board offices in New York and Baltimore, make the case that Verizon has refused to bargain in good faith with CWA.
??Travelzoo Considers Class Action Suit to be Without Merit (2011-08-12 22:12)
NEW YORK, Aug. 12, 2011 — Travelzoo Inc. (Nasdaq: TZOO), a global Internet media company, today announced that a purported class action has been filed in the United States District Court for the Southern District of New York against the company and certain of its officers and directors. ?The complaint alleges violations of federal securities laws, and claims that the company has issued false and misleading information concerning the company’s business and prospects. ?The action seeks unspecified damages on behalf of persons who purchased the company’s shares during a recent period. ?
??InfoSonics Reports Second Quarter 2011 Results (2011-08-12 22:02)
SAN DIEGO, Aug. 12, 2011 — InfoSonics Corporation (NASDAQ-NMS: IFON), a provider of wireless handset solutions serving Latin America and Asia Pacific, today announced results for its second quarter ended June 30, 2011.
??CTI Group Reports Second Quarter 2011 Results (2011-08-12 22:02)
INDIANAPOLIS, Aug. 12, 2011 — CTI Group (Holdings) Inc. (OTCBB:CTIG), an international provider of electronic invoice processing and management (EIM), enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications, reported results for the three and six months ended June 30, 2011. Revenues for the three and six months ended June 30, 2011 increased to $4,000,590 and $8,116,956, respectively, as compared to revenues for the three and six months ended June 30, 2010 of $3,578,032 and $7,518,089, respectively. The Company reported a net loss for the three and six months ended June 30, 2011 of $(281,698) and $(624,214), respectively, or $(0.01) and $(0.02) per share, respectively, as compared to a net loss of $(447,519) and $(670,650), respectively, or $(0.02) and $(0.02) per share, respectively, for the three and six months ended June 30, 2010. ?The increase in revenues and decrease in net losses for the three and six months ended June, 2011 was primarily attributable to increases in demand from UK operations.
??$200 Million Online Auctioning of Commercial Real Estate Garnering Substantial Nationwide Interest (2011-08-12 21:57)
Auction.com, the nation?s leading real estate auctioneer and loan sales advisor, is auctioning $154 million in Notes secured by commercial real estate from across the United States.
??Crosstrees Medical, Inc. Awarded U.S. Patent for Spinal Disc Therapy Devices (2011-08-12 21:47)
Crosstrees Medical, Inc., a development stage company conducting clinical studies in the treatment of vertebral compression fractures, today announced that it has been granted a patent from the United States Copyright and Patent Office for its innovative delivery technology applied to the spinal disc. The patent, U.S. Patent No. 7,993,345, was granted August 9, 2011 for “Device and Method for Distraction of the Spinal Disc Space.”
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