(CRWE, RSYS, XLNX, GIGM) Stock Updates by PennyOTCStock.com
Posted February 20th, 2012 at 12:13pm
Crown Equity Holdings Inc. (CRWE)
Voice over Internet Protocol (VoIP) is one benefit of the convergence between data and telecommunications.
Companies today are seeing the value of transporting voice over IP networks to reduce telephone and facsimile costs and to set the stage for advanced multimedia applications and services such as unified messaging, in which voice, fax, and e-mail are all combined.
Crown Equity Holdings Inc. (CRWE.OB) www.crownequityholdings.com today announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with MVOX AG.
MVOX AG, located in Germany, will work with Crown Tele Services Inc. www.crownteleservices.com as a technological partner in offering wireless broadband solutions (wireless carrier class infrastructure in high speed data and WiMAX).
Commenting on the Letter of Intent, "The keystone of our business has always been our commitment to meeting our customers' network needs and we will continue to grow with this principle," said Kenneth Bosket, Crown Tele Services Inc., President and CEO.
About Crown Tele Services Inc.
Crown Tele Services Inc. is a provider of affordable, world class (VoIP) communications solutions and is a subsidiary of Crown Equity Holdings Inc. For more information visit www.crownteleservices.com.
About Crown Equity Holdings Inc.
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information visit www.crownequityholdings.com.
About MVOX AG
MVOX AG offers wireless broadband internet access services with over 15 years of experience as a system integrator, as well as being the most successful WiMAX operator in Germany. The company is based in Garching a.d. Alz, Germany.
Radisys Corporation (NASDAQ:RSYS), a leading provider of embedded wireless infrastructure solutions, and Arkadin, a leading provider of collaboration-as-a-service solutions, announced the deployment of Radisys media servers across the new Arkadin Cloud Collaboration Platform, delivering global conferencing services on an innovative, private global-IP network. The Cloud Collaboration Platform, based on a distributed network of Radisys' media servers, brings a new generation of audio collaboration services that enable Arkadin's customers to manage their global conferencing needs more efficiently and deliver a greater return on investment.
RadiSys Corporation develops, produces, and markets application-ready software and hardware platforms for Internet protocol (IP)-based wireless, wireline, and video networks markets.
Xilinx, Inc. (NASDAQ:XLNX) will highlight the advantages of programmable system integration for enabling embedded systems designers to achieve the best functionality, power efficiency, form factor and time to market with 16 booth demonstrations planned for Embedded World 2012 at the Nuremberg Exhibition Centre, February 28 to March 1.
Xilinx, Inc. designs, develops, and markets programmable platforms in North America, the Asia Pacific, Europe, and Japan.
GigaMedia Limited (NASDAQ:GIGM) announced that new management is seeking to sell certain of the company's assets in the first half of 2012. The planned disposals are intended to free up approximately US$30-US$40 million for investment in new strategic growth initiatives, in line with GigaMedia's turnaround plans. The company's turnaround plans, driven by CEO John Stringer, are based on an explicit decision-making framework with clear objectives: effectively managing cash, maintaining the company's listing on NASDAQ, and executing a new strategic growth plan.
Gigamedia Limited, through its subsidiaries, primarily engages in the operation of online games for online game players in Asia.
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