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ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, today reported financial results for the three and nine months ended September 30, 2014.
For the 2014 third quarter, revenue increased by 27% to $15.7 million, compared with $12.4 million for the third quarter of 2013. Gross profit for the third quarter was $9.6 million, or 61% of revenue, compared with $7.4 million, or 60% of revenue, for the third quarter of 2013. Non-GAAP operating income for the third quarter increased by 50% to $3.5 million from $2.3 million for the third quarter of 2013. Non-GAAP net income increased 6% to $1.8 million, or $0.19 per diluted share, from $1.7 million, or $0.18 per diluted share, for the third quarter of 2013. Non-GAAP Adjusted EBITDA for the 2014 third quarter increased 44% to $3.8 million, or $0.39 per diluted share, from $2.6 million, or $0.28 per diluted share, for the third quarter of 2013.
SUNNYVALE, Calif., Oct. 23, 2014 /PRNewswire/ -- ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple phone systems and unified communications solutions, today announced financial results for the first quarter of fiscal 2015, which ended September 30, 2014.
For the first quarter of fiscal 2015, total revenue was a record $90.4 million, an increase of 7 percent compared to the first quarter of fiscal 2014. Non-GAAP net income, which excludes stock-based compensation charges, amortization of acquisition-related intangibles, other charges and related tax adjustments, for the first quarter of fiscal year 2015, was a $4.7 million, or $0.07 per diluted share. This compares with a non-GAAP net income of $4.0 million, or $0.07 per diluted share, in the first quarter of fiscal 2014. GAAP net income was $0.4 million, or $0.01 per diluted share, in the first quarter of fiscal 2015, compared with a GAAP net loss of $1.0 million, or $0.02 per share, in the first quarter of fiscal 2014. "Our record first quarter results highlight the continued successful execution of our three strategic priorities which are to drive growth, to expand our technology and infrastructure capacity, and to continue to earn a world-class reputation for customer satisfaction," said Don Joos, president and CEO of ShoreTel. "Importantly, our growth initiatives, enhanced by our strong sales execution, continue to evolve and we are on track to deliver our next generation common platform in April, faster than originally anticipated. We have also increased our financial flexibility with the signing of our new $100 million line of credit facility. We are pleased with our team's strong execution and continued progress against our stated strategic goals."
Nowadays, you simply connect a set-top box to your TV when you want to watch your favorite TV programs. For most of the people, there are no obstacles or technical thresholds about this since the deployment process is very simple and convenient. Video conferences are growing more popular and becoming simpler and easier. All we need now is a TV set with a plug-in small box, which enables face-to-face communication in real time with anyone, anywhere, on any device.
New York, NY, October 20, 2014 - Kaltura (www.kaltura.com), provider of the leading video technology platform, announced today that it has released new Video Solutions for Jive 7. Kaltura's Video Connector for Jive enhances Jive's enterprise communication and collaboration solutions by offering the most advanced enterprise video capabilities available on the market, empowering users to easily search, watch, create, edit, publish and share videos, directly from within Jive.
Kaltura will be showcasing its Jive Video Connectors for Jive 7 and Jive Cloud at JiveWorld14 on October 21-23, in Las Vegas. Visit Kaltura's booth S2 to see a live demo and learn more.
ATLANTA, Oct. 16, 2014 -- PGi (NYSE: PGI), a global leader in collaboration software and services for over 20 years, today announced the acquisition of Central Desktop, Inc., a leading cloud-based team collaboration and project management platform for businesses. PGi funded the purchase through its recently increased credit facility and cash and equivalents on hand.
"Joining forces with Central Desktop and its talented team is an important strategic move for PGi," said Boland T. Jones, PGi founder, chairman and CEO. "Today's workplace is evolving--teams are more flexible, mobile and dispersed than ever before. As leaders in collaboration for over 20 years, we recognize the need for those teams to work together whenever and however they choose. The acquisition of Central Desktop extends PGi's collaboration expertise beyond real-time meetings, creating a truly unified collaboration platform for how business works today."
Mobile Telehealth Offers a "Doctor in Your Pocket" Convenience Consumers will Find Hard to Ignore, says Frost & Sullivan
MOUNTAIN VIEW, Calif., Oct. 16, 2014 /PRNewswire/ -- The telehealth industry is on the verge of a dramatic growth surge significantly disrupting the healthcare sector in North America. With millions of new patients entering the U.S. healthcare system, owing to the Affordable Care Act, escalating demand coupled with the lack of easy access to health professionals will strengthen the market for telehealth services.
New analysis from Frost & Sullivan's Pulse of Telehealth 2014 finds that the growing aging population needs to manage and monitor multiple chronic diseases, in turn intensifying the demand for remote patient monitoring as well as mobile telehealth. Telehealth videoconferencing, especially, will emerge as a suitable avenue for primary and specialty healthcare service delivery. The study is based on interviews conducted with key telehealth stakeholders in conjunction with discussions from the American Telemedicine Association (ATA) annual meeting.
Business video users can make secure video calls without advanced scheduling, increasing the ease and everyday value of video calls. The latest Open Visual Communications Consortium service definition removes user-identified barriers to video use while delivering the highest video quality and security to enterprises.
"On-demand video service is a game-changer for adopting video into daily processes," said Andrew McFadzen, OVCC president. "Eliminating 24-hour scheduling requirements makes it easier for business users to make spontaneous video calls, enriching communication effectiveness and strengthening relationships in both routine and critical circumstances."
RESTON, VA, Oct 14, 2014 (Marketwired via COMTEX) -- Azzurri Communications Australia, a leading independent provider of managed communications services, has selected ScienceLogic's next generation hybrid IT monitoring software to monitor its customers' Unified Communications systems. With ScienceLogic in place, Azzurri Communications' customers are assured best in class performance of their Unified Communications Systems.
LIGHTNING RELEASES MOSCOW, Russia, Oct 14, 2014 - SPIRIT DSP, the world's No. 1 voice and video over IP engines provider serving more than one billion users in over 100 countries, announced today that Transtelecom, #2 wireline provider in Russia, started SaaS delivery of HD web videoconferencing based on VideoMost software platform.
With 2013 revenue of nearly $1B Transtelecom operates and maintains one of the largest fiber-optic infrastructures in Russia that spreads for about 76.000 km. Transtelecom EurasiaHighway connects Russia with networks of neighbor countries, including China, Japan, Mongolia, Korea, Finland, the Baltic States and the CIS and is considered the optimal internet route between Europe and Asia.
Polycom, Inc., the global leader in video, voice and content collaboration solutions has announced the availability of the Polycom RealPresence Immersive Studio at Gitex Technology Week 2014.
RealPresence Immersive Studio is the next-generation of immersive collaboration environments and makes an ideal solution for meetings that matter the most, including creative brainstorms or crisis management sessions.
Sonus Simplifies Deployment, Management, Configuration of Real-Time Communications for Service Providers, Enterprises
WESTFORD, Mass.--(BUSINESS WIRE)--Sonus Networks, Inc. (Nasdaq:SONS), a global leader in enabling and securing real-time communications, today announced new enhancements to its Session Border Controller (SBC) portfolio, designed to simplify network design, reduce costs and help service providers and enterprises more effectively deploy advanced Unified Communications (UC) features. From the corporate headquarters to branch offices, these new software releases offer expanded video and management support, as well as new network monitoring capabilities available from Sonus Global Services (SGS).
Securing Real-time Video Communications
Due to hybrid UC environments, most enterprises face interworking challenges as video endpoints range in capability from room-based video conferencing systems to smartphones. Moreover, video conferencing vendors use a range of standards that are often not interoperable, creating unneeded complexity for users. For example, some endpoint vendors only support H.323 protocol, while newer endpoints will support both Session Initiation Protocol (SIP) and H.323, and desktop endpoints often only support SIP.
Sonus Session Border Controllers Enable, Simplify and Secure Real-Time Communications in BroadSoft Customer Networks
WESTFORD, Mass.--(BUSINESS WIRE)--Sonus Networks, Inc. (Nasdaq:SONS), a global leader in enabling and securing real-time communications, today announced that its complete portfolio of Session Border Controllers (SBCs) has completed interoperability testing with BroadSoft's BroadWorks, and that BroadSoft is deploying Sonus SBCs as part of its BroadCloud managed service.
Sonus and BroadSoft are delivering a pre-integrated solution to accelerate the delivery of hosted, Cloud-based communication services based on a powerful, scalable, shared Session Initiation Protocol (SIP) architecture. Together, this solution enables service providers to confidently accelerate deployment models to offer a robust suite of hosted multimedia and Unified Communications (UC) services--such as voice, video calling and conferencing, web conferencing, instant messaging (IM) and presence--to enterprise SIP trunking customers from their own network or via the Cloud.
Eschborn, 08.10.2014 - GMS Global Media Services, an international cross-vendor Unified Communications (UC) provider, brings the Videoconference products of new British partner Acano to the markets of Germany, Austria, Switzerland (DACH region). The full-service provider expands their service portfolio to a highly scalable video conferencing infrastructure and additional UC solutions. Acano products are ideal for companies wanting to integrate multiple platforms such as Microsoft Lync, Skype, telephony and standards-based audio/video.
The London / Uxbridge company provides video conferencing via "Acano CoSpaces" - these are individual virtual meeting rooms. Users can join via web browser, mobile device, traditional VC or UC-Applications such as Microsoft Lync - access to Acano infrastructure is universally supported. Telephony, web conferencing and video conferencing systems are brought together in a unified solution. Tobias Enders, CEO GMS Global Media Services says: "Our new partner provides a great contribution with their offer of enterprise-capable communication performance".
Zoom Deploys Radisys' MPX-12000 Broadband Media Resource Function for Its Innovative Cloud Conferencing Service
HILLSBORO, OR, U.S. - October 9, 2014 - Radisys® Corporation (NASDAQ: RSYS), a market leader enabling wireless infrastructure solutions, today announced the deployment of its MPX-12000 Broadband Media Resource Function (MRF) by Zoom Video Communications (https://zoom.us), the cloud meeting company.
The MPX-12000 delivers scalable HD media processing to enable Zoom's cloud based audio and video conferencing service. The Radisys solution improved Zoom's audio conference quality, while delivering the reliability required for cloud services and scalability for future growth.
DALLAS, Oct. 7, 2014 /PRNewswire/ -- AT&T* and Blue Jeans Network will offer on-demand video collaboration services to AT&T's business customers. Businesses of all sizes that use AT&T Video Meetings with Blue Jeans will be able to host work sessions on almost any desktop, mobile device or conference room equipped for video.
Blue Jeans Network is a leader in video collaboration services. Its global cloud-based video conferencing will make it easier for AT&T customers to meet virtually anytime. The collaboration with Blue Jeans Network also adds to AT&T's growingportfolio of mobility solutions.
The updated version of TrueConf for Android has a re-invented user interface. Now switching between Address Book, chat windows and call history is possible via horizontal swiping, and new drop-out menu on the left contains links to all important instruments.
The new interface is built in accordance with modern trends in UC solutions and allows for communication between different subscribers on different communication channels at the same time, including connection to common landline telephone networks via integration with corporate PBX
Communication itself has become even more comfortable and social thanks to the implementation of avatars. Users of TrueConf Mobile for Android will be able to make an automatic search through e-mails and phone numbers in the address book of their device. More than 500 000 users have experienced the features of free video communication with TrueConf in Google Play.
NEW YORK, NY, ATLANTA, GA and JACKSONVILLE, FL October 2, 2014 - Allied Fiber, the United States' first open-access, integrated, network-neutral colocation and dark fiber superstructure, today announces that construction is underway on the second segment of the Company's Southeast Route spanning from Jacksonville, FL to Atlanta, GA. This 236 mile build will connect the previously completed 154 mile span from Macon, GA to Valdosta, GA, to Atlanta in the north and Jacksonville in the south and will complete Allied Fiber's entire 700 mile Miami, FL to Atlanta, GA Southeast Route.
Expected to be operational in mid-2015, the Jacksonville to Atlanta Route will serve network operators of all types including, national, regional and metro carriers, submarine cable networks, wireless backhaul providers, municipal networks and content providers. As a fully integrated network-neutral colocation and dark fiber system, Allied Fiber's Southeast Route will be the first to enable open interconnection between all network operator types within a single, physical layer long haul system.
Leading Telecom Operator, Orange, Partners With Suitable Technologies to Bring Customers Beam+ and Ub-y
PALO ALTO, CA, Oct 06, 2014 (Marketwired via COMTEX) -- Suitable Technologies Inc. (R), the company that brings people together with the Beam(R) Smart Presence System (SPS), with its French partner Awabot, today announced a collaborative effort with Orange SA, a global leader in telecommunications operations. The effort brings together Suitable Technologies' Beam+, a smart presence system that makes it possible to see, visit, and stay close to anyone, and Ub-y, an innovative new offering from Orange, that gives customers the power of ubiquity, so they can be everywhere at once without the need for travel. Ub-y will be available at select Orange locations in 2015.
Beam+ combines mobility and video conferencing to enable users a way to speak, see, and move about so they can interact with friends and family in a natural way from anywhere in the world. Beam+ embodies the user with an authentic presence, and immerses the user with reliable low-latency audio and video for natural communication and control.
Synergy SKY announces general availability of the next version of its comprehensive Video as a Service management platform
OSLO, Norway, October 6, 2014 - Synergy SKY, a developer of comprehensive multi-vendor, multi-tenant management solutions for unified communications, today announced the general availability of the next version of its platform. Version 3.4 includes the ability to perform basic branding in the user interface, added and improved support for Microsoft Lync and Polycom infrastructure devices, as well as improvements in the installation process. The new version is available for customer deployment today.
"Besides introducing support for Microsoft Lync, our service provider customers have requested the ability to customize the branding of their video services, and we are happy to announce that the new version of Synergy SKY is addressing this. Customized graphical branding in the user interface means that a service provider can either customize one graphical branding towards all their customers, or they can offer a customized branding for individual customers", says Lars Bergendahl,
MANSFIELD, Mass. -- Telco Systems, the leading provider of innovative SDN & NFV, multi-service Carrier Ethernet 2.0 and MPLS edge solutions for mobile backhaul, business Ethernet services and cloud networking, today announced the release of ViNOX™, the first Carrier SDN network operating system that includes native support for OpenFlow and NETCONF standards in parallel with MEF services and carrier-grade support.
Building on the extensive capabilities and features of its industry-leading BiNOX™ operating system, ViNOX powers all Telco Systems' Open Metro Edge (OME) devices, offering CE 2.0 capabilities of resiliency, quality of service, OAM, multiple transport technology support (.1Q, Q-in-Q, IP/MPLS) and, now, also OpenFlow support. ViNOX is fully compatible with already deployed T-Marc and T-Metro products and can be added via a simple software upgrade.