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PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, October 6, 2009: SWIR, SONS, SRSL, VARI, LIFE and ADBE.
Oct 06, 2009 (M2 PRESSWIRE via COMTEX) --
Picksthatmove.com Alerts include Sierra Wireless (NASDAQ: SWIR); Sonus Networks, Inc. (Nasdaq: SONS); SRS Labs (Nasdaq: SRSL); Varian, Inc. (NasdaqGS: VARI); Life Technologies Corporation (NASDAQ: LIFE) and Adobe Systems Incorporated (Nasdaq: ADBE)
-- October 6, 2009 Sierra Wireless (NASDAQ:SWIR) trading at $9.90 on a volume of 101,075 shares.
In a press release out on October 6, 2009 Vodacom launches a new vehicle tracking SIM card for South Africa
JOHANNESBURG and VANCOUVER, Oct 06, 2009 -- Vodacom, South Africa's leading cellular network, together with Tracker and Sierra Wireless (NASDAQ:SWIR - TSX: SW), has launched a world first with the introduction of a next generation SIM card for vehicle tracking, based on the inSIM(R) technology from Sierra Wireless.
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR - TSX: SW) products connect people and machines to wireless networks around the world. We offer an advanced, comprehensive product line, addressing consumer, enterprise, original equipment manufacturer, and specialized vertical industry markets. We also offer a wide range of professional and operated services. Our solutions are used for mobile computing, transportation, industrial M2M (machine-to-machine), enterprise, residential and consumer communications applications. For more information about Sierra Wireless, visitwww.sierrawireless.com.
-- October 6, 2009 Sonus Networks, Inc. (Nasdaq: SONS) trading at $2.03 on a volume of 533,703 shares
In a press release on October 6, 2009 Sonus Networks Selected to Build New Infrastructure for Growing IP Voice Traffic on HyperCube's Tandem Network
HyperCube, LLC Provides Cost-Effective IP and TDM-Based Tandem Interconnection Services to All Types of Carriers
WESTFORD, Mass. and LANCASTER, Texas, Oct 06, 2009 -- Sonus Networks, Inc. (Nasdaq: SONS), providing network transformation through IP communications technology, and HyperCube, LLC, a premier provider of local and national tandem services to carriers across the United States, today announced that HyperCube has selected Sonus Networks to build the new infrastructure that will manage the growing volume of IP voice traffic on HyperCube's network.
About Sonus Networks
Sonus Networks, Inc., providing network transformation through IP communications technology, is leading the evolution of communications networks to support the multi-device demands of today's digital lifestyle. Sonus solutions and services enable fixed, mobile and cable operators to gain session awareness and deliver multi-media capabilities essential to adding value and expanding their customer and subscriber base. Through standards based interoperable solutions and services, Sonus extends the investments made in traditional networks by enabling operators to seamlessly migrate to next generation technology and deliver the secure, reliable, scalable and cost-effective network needed to grow their business. For more information visitwww.sonusnet.com.
-- October 6, 2009 SRS Labs (Nasdaq: SRSL) trading at $7.04 on a volume of 9,443 shares.
In a press release out on October 6, 2009 SRS Labs to Promote TruVolume Technology in TV & Cinema Advertising Campaign
SRS TruVolume Eliminates Drastic Volume Fluctuations That Commonly Occur While Watching Broadcast TV
SANTA ANA, Calif., Oct 06, 2009 -- SRS Labs (Nasdaq: SRSL), the industry leader in surround sound, audio, and voice technologies, announced today the launch of its first television and movie theater focused advertising campaign with the release of two 30-second spots aimed at promoting SRS TruVolume(TM) on cable channels and movie theaters throughout New York City, Chicago and the greater Los Angeles and Orange County areas.
About SRS Labs, Inc.
Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics. Beginning with the audio technologies originally developed at Hughes Aircraft, SRS Labs holds over 150 worldwide patents and is recognized by the industry as the foremost authority in research and application of human auditory principles. Through partnerships with leading global CE companies, semiconductor manufacturers and software partners, SRS audio, surround sound and voice processing technologies have been included in over one billion electronic products sold worldwide including HDTVs, mobile phones, portable media devices, PCs and automotive entertainment. In fact, SRS Labs is the de-facto standard of HDTV audio processing with nine of the top ten name brand flat panel TVs featuring SRS technology. Additionally, SRS Labs surround sound solutions provide the professional broadcast and recording industries with high-performance production, back-haul, storage, and transmission capability. SRS Labs supports manufacturers worldwide with offices in the U.S., China, Europe, Japan, Korea and Taiwan. For more information, visit www.srslabs.com.
-- October 6, 2009 Varian, Inc. (NasdaqGS: VARI) last at $51.08 on a volume of 168,014 shares
In a press release out on October 6, 2009 Varian, Inc. Announces Stockholder Approval of Merger Agreement With Agilent Technologies
PALO ALTO, Calif., Oct 06, 2009 -- Varian, Inc. (NasdaqGS: VARI) announced that at a special meeting of stockholders held on October 5, 2009, its stockholders adopted the merger agreement entered into with Agilent Technologies, Inc., under which Agilent will acquire Varian for $52.00 per share in cash. Approximately 84% of the shares of Varian common stock outstanding as of August 12, 2009, the record date for the special meeting, voted to adopt the merger agreement.
About Varian, Inc.
Varian, Inc. is a leading worldwide supplier of scientific instruments and vacuum technologies for life science, environmental, energy, and applied research and other applications. The company provides complete solutions, including instruments, vacuum products, laboratory consumable supplies, software, training and support through its global distribution and support systems. Varian, Inc. employs approximately 3,500 people worldwide and operates manufacturing facilities in North America, Europe and Asia Pacific. Varian, Inc. had fiscal year 2008 sales of $1.0 billion, and its common stock is traded on the NASDAQ Global Select Market under the symbol "VARI." Further information is available on the company's Web site at http://www.varianinc.com.
-- October 6, 2009 Life Technologies Corporation (NASDAQ:LIFE) trading at $47.31 on a volume of 1.36M shares
In a press release out on October 6, 2009 Life Technologies Sets Third Quarter 2009 Earnings Release Date for Tuesday, October 27, 2009
CARLSBAD, Calif., Oct 06, 2009 -- Life Technologies Corporation (NASDAQ:LIFE) announced today it will report its third quarter 2009 financial results on Tuesday, October 27, 2009, before market open. The company will also hold a conference call on the same day at 8:30 a.m. EDT to discuss operating results.
About Life Technologies
Life Technologies Corporation (NASDAQ:LIFE) is a global biotechnology tools company dedicated to improving the human condition. Our systems, consumables and services enable researchers to accelerate scientific exploration, driving to discoveries and developments that make life even better. Life Technologies customers do their work across the biological spectrum, working to advance personalized medicine, regenerative science, molecular diagnostics, agricultural and environmental research, and 21st century forensics. Life Technologies had sales of more than $3 billion in 2008, employs approximately 9,500 people, has a presence in more than 100 countries, and possesses a rapidly growing intellectual property estate of approximately 3,600 patents and exclusive licenses. Life Technologies was created by the combination of Invitrogen Corporation and Applied Biosystems Inc. For more information on how we are making a difference please visit our website: www.lifetechnologies.com.
-- October 6, 2009 Adobe Systems Incorporated (Nasdaq:ADBE) trading at $33.63 on a volume of 2.94M shares
In a press release out on October 6, 2009 Adobe Granted Early Termination of Hart-Scott-Rodino Waiting Period for Omniture Tender Offer
SAN JOSE, Calif., Oct 06, 2009 -- Adobe Systems Incorporated (Nasdaq:ADBE) today announced that it has been granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with its previously announced tender offer for all outstanding shares of Omniture, Inc. (Nasdaq:OMTR) at a price of $21.50 per share, net to the seller in cash, without interest, commenced by Snowbird Acquisition Corporation, a wholly owned subsidiary of Adobe (the "Offer").
About Adobe Systems Incorporated
Adobe revolutionizes how the world engages with ideas and information -- anytime, anywhere and through any medium. For more information, visit www.adobe.com.
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