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Day: March 6, 2023

Broadcom Introduces Industry’s First 5nm 100G/lane Optical PAM-4 DSP PHY with Integrated TIA and Laser Driver

Monolithic fully integrated 800G PAM-4 PHY delivers best-in-class performance and efficiency for pluggable transceiver modules SAN JOSE, Calif., March 06, 2023 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced the availability of its 5nm 100G/lane optical PAM-4 DSP PHY with integrated transimpedance amplifier (TIA) and laser driver, the BCM85812, optimized for 800G DR8, 2x400G FR4 and 800G AOC module applications. Built on Broadcom’s proven 5nm 112G PAM-4 DSP platform, this fully integrated DSP PHY delivers superior performance and efficiency and drives the overall system power down to unprecedented levels for hyperscale data center and cloud providers. BCM85812 Product HighlightsMonolithic 5nm 800G PAM-4 PHY with integrated TIA and high-swing laser driver Delivers best-in-class module performance in BER and power...

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Borqs Announces Preliminary Revenue Results for 2022, Achieving over 79% YoY Growth

SANTA CLARA, Calif., March 06, 2023 (GLOBE NEWSWIRE) — Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced its preliminary revenue for the year ended December 31, 2022. The company expects total revenue for the year ended December 31, 2022 to be $53-58 million, increased by over 79% compared to $29.6 million for the year ended December 31, 2021, driven by increased IoT sales globally and revenues from Holu Hou Energy (HHE), our solar energy storage system subsidiary. While the revenue from the IoT business is expected to be more than 80% of the total revenue, the HHE’s revenue has also increased significantly. The company has not yet finalized its financial results for the full year ended December 31,...

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Fortinet’s Ken Xie Reappointed to the U.S. – Brazil CEO Forum

Building on His Initial Appointment to the Position, Fortinet CEO Will Continue to Provide U.S. Private Sector Expertise to Forum and Develop Joint Policy Recommendations Impacting the Future of Infrastructure, Technology, and Workforce Development in Both Countries SUNNYVALE, Calif., March 06, 2023 (GLOBE NEWSWIRE) — Ken Xie, Founder, Chairman of the Board and Chief Executive Officer at Fortinet“I am honored to be reappointed to the U.S.-Brazil CEO Forum and to continue to work alongside the Honorable Gina Raimondo, U.S. Secretary of Commerce, and other global business leaders. At Fortinet we recognize the importance of private and public sector partnerships to help disrupt cybercrime and to build the future workforce through cyber training initiatives. As part of the Forum, I look forward to facilitating information sharing...

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Assertio Appoints Dr. Howard Franklin as Senior Vice President, Medical

LAKE FOREST, Ill., March 06, 2023 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT), a specialty pharmaceutical company offering differentiated products to patients, today announced the appointment of Howard J. Franklin, MD, as Senior Vice President, Medical. “We see significant opportunities to expand the addressable market and label indications for key assets in our portfolio, in particular Indocin. We are excited to add Dr. Franklin to our team as we ready clinical studies related to these assets and expect to launch our first clinical investigation later in 2023,” said Dan Peisert, President and Chief Executive Officer of Assertio. “I am excited to join the team and create a best-in-class clinical development and medical affairs program that builds on the legacy of successful commercial...

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TX Holdings, Inc. 

Common Share- Buyback Program Update ASHLAND, Ky., March 06, 2023 (GLOBE NEWSWIRE) — TX Holdings, Inc., (OTC Markets PINK: TXHG), a Georgia corporation (the “Company”), is in the business of supplying and distributing rail and rail products to United States’ coal mining companies, short line railroads and tunneling contractors, reports on the previously announced common share buyback program. At a meeting of the Board of Director, dated January 27, 2023, the Board authorized a common share repurchase program of up to 8,053,084 shares of the Company’s common stock to be effective for a 12 month period at a maximum price of $0.25 per share. The repurchase program commenced on February 1, 2023, and will run until January 31, 2024. As of March 1, 2023, the Company has purchased for retirement 1,672,145 shares at an average price...

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180 Degree Capital Corp. Issues Public Letter to Employees and Common Stockholders of Comscore, Inc.

180 demands resignation of Brent Rosenthal from the SCOR’s Board of Directors to be replaced by a director with a track record of success in capital markets and who will defend common shareholder rights, and absent resignation demands immediate removal as Lead Independent Director. 180 seeks further reduction in board fees, a reduction in the size of SCOR’s Board, and shifting of board fees by representatives appointed by the Preferred Stockholders. 180 believes that SCOR’s Board compensation after recent changes remains egregious. 180 requests transparency on processes that SCOR’s Board will use if a special dividend is called. Puts SCOR’s Directors on notice regarding their fiduciary duty to common stockholders as required under Delaware law. 180 suggests that the Preferred Stockholders can unlock value for all stakeholders by converting...

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NEO Battery Materials Appoints Former Executive Vice President of Multi-Billion South Korean Chemical Manufacturing Company as Chief Technology Officer

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) — (TSXV: NBM) (OTCQB: NBMFF)Appointed Dr. S. G. Kim, a Silicon/Polymer Material and Chemical Technology Development Expert, as Chief Technology Officer Former Executive Vice President and Head of R&D of Hanwha Solutions, a South Korean Chemical Manufacturing Conglomerate with $10B in Sales and $8B Market CapitalizationHeld Previous Executive Level Leadership Role at Momentive, Global 2nd Largest Silicon Product Company, including Dow Chemical Corporation, LG Innotek, and Samsung Fine ChemicalsWill Lead Technology Development and Strategy for Timely Commercialization of NEO Silicon Anode Materials on a Full-Time BasisNEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging...

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Futrli by Sage expands to Canada one year after UK acquisition

Providing accountants with a high-level advisory service offering and uncovering growth opportunities TORONTO, March 06, 2023 (GLOBE NEWSWIRE) — Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announces the market expansion of accountant advisory management software, Futrli by Sage, to Canada. Futrli enables better visibility on prediction forecasting, forming a crucial element of the tools for accountants spanning proposal to advisory services. This announcement marks the first market expansion for Futrli after Sage acquired the UK-based software in May 2022. The strategic move follows the launch of Sage for Accountants in Canada at the end of last year. It aims to help accountants by combining workflows across their practice in one place. Improving Accountancy...

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Clinical evidence presented at ACC.23/WCC highlights how utilization of Philips cardiology solutions is improving the quality and efficiency of patient care

Philips Intracardiac Echocardiography Catheter – VeriSight ProIntravascular ultrasound (IVUS) catheterCIED infectionMarch 6, 2023Preliminary results of large-scale real-world data study of Medicare patients conclude that use of intravascular imaging (IVI) during percutaneous coronary intervention (PCI) procedures grew 62% between 2013 and 2019, and is associated with lower incidence of mortality, acute myocardial infarction (MI), repeat PCI, and major adverse cardiac event (MACE)  Largest real-world Medicare analysis of Cardiac Implantable Electronic Device (CIED) infection treatment in more than 1 million patients shows that early removal of infected cardiac implantable electronic devices (CIEDs), for which Philips developed the Philips Laser Sheath – GlideLight – and Philips Mechanical Rotating Dilator Sheath – TightRail,...

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CareCloud and KabaFusion Partner to Transform Patient Care Through Innovative Healthcare Technology Solutions

SOMERSET, N.J., March 06, 2023 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced a partnership with KabaFusion aimed at further optimizing the financial performance of the home-infusion provider through revenue cycle management. This partnership will leverage CareCloud’s RCM experience to streamline processes, reduce denials, and increase revenue captured for KabaFusion. KabaFusion’s impressive growth and successful acquisitions have established the company as one of the leading providers of specialty infusion services. As a pharmacist-owned home infusion company, KabaFusion specializes in providing high-quality infusion therapies to patients with complex medical needs. This primarily includes...

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