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NASDAQ Technical Picture - Bearish Outside Day

Thu, 08 May 2008 05:05:24 GMT

The bears took over the ma[More...]

The Region

Mon, 01 Dec 2008 07:53:00 GMT

Hotel bookings in the Caribbean are plunging as financial turbulence dashes vacation plans, and hoteliers and governments ramp up marketing efforts and slash prices, reports Reuters (Nov. 8, 2008).
The US accounts for 50% of the Caribbean tourism market, which attracts 22 million visitors and injects US$21.6 billion into island economies each year.
China was officially inducted as a member of the Inter American Development Bank (IDB) and committed US$350 million for public and private sector projects in Latin America and the Caribbean, reports AFP (Oct. 24, 2008):

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Veraz Networks Receives Nasdaq Listing Compliance Notice

Fri, 18 Sep 2009 21:04:00 GMT

Veraz Networks (Nasdaq: VRAZ), the leading provider of Multimedia Generation Network (MGN) application, control, and bandwidth optimization products, today announced that on September 15, 2009, it received a letter from the Nasdaq Stock Market stating that the minimum closing bid price of the Veraz's common stock was below $1.00 per share for 30 consecutive business days and thus not in compliance with Listing Rule 5450(a) (1).
The notification letter has no effect at this time on the listing of the Veraz's common stock on the Nasdaq Global Market and Veraz's common stock will continue to trade on the Nasdaq Global Market under the symbol VRAZ.
The notification letter states that Veraz will be afforded 180 calendar days, or until March 15, 2010, to regain compliance with the minimum closing bid price requirement.

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Veraz Networks Reports Second Quarter 2009 Financial Results

Thu, 06 Aug 2009 20:49:00 GMT

Veraz Networks, Inc. (NASDAQ:VRAZ), the leading provider of Multimedia Generation Network (MGN) application, control, and bandwidth optimization products, today announced financial results for the second quarter ended June 30, 2009.
Reported net loss (GAAP basis) $ (2,925 ) $ (11,592 ) $ (5,933 ) $ (14,686 ) Non-GAAP adjustment Stock based compensation (1) 1,052 1,223 2,204 2,303 SEC informal inquiry matters (2) - 2,053 - 2,053 Non-GAAP net loss $ (1,873 ) $ (8,316 ) $ (3,729 ) $ (10,330 )
(1) Stock based compensation for the three months and six months ended June 30, 2009 and 2008, was as follows: Three Months Ended June 30, Six Months Ended June 30, 2009 2008 2009 2008 Cost of revenues $ 246 $ 242 $ 507 $ 455 Research and development, net 360 413 742 758 Sales and marketing 278 335 582 666 General and administrative 168 233 373 424 $ 1,052 $ 1,223 $ 2,204 $ 2,303

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Veraz Networks, Inc. to Report Results for the Second Quarter of 2009 on Thursday, August 6, 2009

Thu, 16 Jul 2009 18:50:00 GMT

Veraz Networks, Inc. (NASDAQ:VRAZ) today announced that it will release financial results for the second quarter ended June 30, 2009 shortly after the close of market on Thursday, August 6, 2009. Veraz will host a conference call and live webcast at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) that day to discuss the results.[More...]

013 NetVision Deploys Veraz’s I-Gate 4000 EDGE SIP Gateway

Tue, 02 Jun 2009 12:12:00 GMT

Veraz Networks, Inc., (NASDAQ:VRAZ), the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced that 013 NetVision, the leading company in the Israeli communication sector in its field, has chosen Veraz’s I-Gate 4000 EDGE SIP Gateway to support advanced voice and data services for its enterprise customers.[More...]

Veraz Networks and Comarch Announce Wholesale Revenue Assurance Solution Using Pre-Paid Billing

Wed, 27 May 2009 12:14:00 GMT

Veraz Networks, Inc., (NASDAQ:VRAZ), the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, and Comarch, the leading BSS/OSS vendor and systems integrator, today announced a joint offering for wholesale carriers that combines Comarch’s real-time pre-paid, service creation and credit control application with Veraz’s ControlSwitch™ interconnect VoIP platform.[More...]

Veraz Networks Reports First Quarter 2009 Financial Results

Thu, 07 May 2009 20:28:00 GMT

Veraz Networks, Inc. (NASDAQ:VRAZ), the leading provider of Multimedia Generation Network (MGN) application, control, and bandwidth optimization products, today announced financial results for the first quarter ended March 31, 2009.[More...]

Veraz Networks Announces General Availability of ControlSwitch IPX Compliant Platform

Thu, 07 May 2009 12:23:00 GMT

Veraz Networks, Inc., (NASDAQ:VRAZ) the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced the general availability of its IPX compliant solution, Release 5.8 of the ControlSwitch™ VoIP switching platform. Release 5.8 delivers improved interconnection, enhanced security and reduced OPEX for wholesale operators and their mobile operators, and is being deployed in service provider networks.[More...]

Veraz Networks, Inc. to Report Results for the First Quarter of 2009 on Thursday, May 7, 2009

Thu, 16 Apr 2009 12:30:00 GMT

Veraz Networks, Inc. (NASDAQ:VRAZ) today announced that it will release financial results for the first quarter ended March 31, 2009 shortly after the close of market on Thursday, May 7, 2009. Veraz will host a conference call and live webcast at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) that day to discuss the results.[More...]

IDEA Cellular Selects Veraz’s I-Gate 4000 EDGE Media Gateway for MSC Interconnection

Tue, 14 Apr 2009 12:05:00 GMT

Veraz Networks, Inc., (NASDAQ:VRAZ) the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced that IDEA Cellular has deployed a range of Veraz’s I-Gate 4000 EDGE systems in its network. IDEA Cellular, a leading GSM mobile service provider in India, with over 41 million subscribers, is using the I-Gate 4000 EDGE media gateway to provide cost-optimized, high-quality transmission links between selected nodes.[More...]