Sierra Wireless Incorporated (NASDAQ: SWIR) $10.96 -1.62%. Company introduced two new 4G mobile hotspots to its ine of air card mobile broadband devices. Both products are scheduled for commercial shipment in the second quarter of this year. The stock has been in a downtrend as it pierced through its support line of $13.69, which was also the 50 day moving average.
Sierra Wireless, Inc. (Sierra Wireless) provides wireless wide solutions for the mobile computing and machine-to-machine (M2M) markets. The Company develops and markets a range of products that include wireless modems for mobile computers, embedded modules and software for original equipment manufacturers (OEMs), intelligent wireless gateway solutions for industrial, commercial and public safety applications and a platform for delivering device management and end-to-end application services.
Telecommunication Systems Inc. (NASDAQ: TSYS) $4.56; +3.4%. Company announced that Iusacell, a leading provider of cellular services, is launching end-to-end TCS Location Based Services in Mexico using Global System for Mobile and High-Speed Downlink Packet Access networks. The stock is approaching its 50 day moving average of $4.53 as it settled at $4.55 with a relative strength index of 54.18.
TeleCommunication Systems, Inc. (TCS) develops and applies secure mobile communication technology. For commercial customers its mobile cloud computing services provide wireless applications for navigation, hyper-local search, asset tracking, social applications, and telematics, while TCS infrastructure forms the foundation for E9-1-1 call routing and text messaging. Government customers depend on its professional and engineering services, cyber security expertise, and satellite-based deployable solutions for mission-critical communications. The Company operates in two segments: Commercial and Government.
Smith Micro Software Inc. (NASDAQ: SMSI) $8.75; +2.19%. Company and and PT Bakrie Connectivity announced that the company's industry-leading QuickLink Mobile connection manager will be available to Bakrie Connectivity's subscribers in Asia later this year. Stock has been way oversold with a relative strength index of 22.64. SMSI has been trading below its 50 day moving average of 14.22 and 200 day moving average of 11.34. Keep an eye out on this one.
Smith Micro Software, Inc. (Smith Micro) designs, develops and markets software products and services for the mobile computing and communications industries. The Company is focused on developing connectivity, communications, and content management solutions for wireless and wired networks. Its mobile communications includes solutions for Push-To-Talk, Visual Voicemail and Mobile Device Management. It also offers solutions for the management of mobile content, contacts and calendar data.
Powerwave Technologies (NASDAQ: PWAV) $3.70 +4.08% announced the new LTE ultra-broadband Powerwave Picocell, which delivers up to 15 times greater overall system capacity at a much lower cost and complexity than adding standard macro cells to address "sore spots" of high data usage or weak signals in wireless networks. Stock has been trending nicely above its 50 day moving average of $3.11 by consolidating near the $3.50 - $3.60 range.
Powerwave Technologies, Inc. (Powerwave) is a global supplier of end-to-end wireless solutions for wireless communications networks. The Company's business consists of the design, manufacture, marketing and sale of products to improve coverage, capacity and data speed in wireless communications networks, including antennas, boosters, combiners, cabinets, shelters, filters, radio frequency power amplifiers, remote radio head transceivers, repeaters, tower-mounted amplifiers and advanced coverage solutions.
Procera Networks, Inc. (AMEX: PKT) $8.50;+12.58% has announced the launch of the next generation PL 10000 series at Mobile World Congress in Barcelona. The new PL10000 series ships with flow processing line cards that boost capacity to an impressive 120 Gbps per chassis in actual deployment configuration with traffic classification and policy enforcement capabilities enabled.
Procera Networks, Inc. (Procera) is a provider of network traffic awareness, analysis and control solutions based on deep packet inspection (DPI) technology for a range of broadband service providers worldwide. The Company's products offer network operators network traffic identification, control and service management. The Company sells its products through its direct sales force, resellers, distributors and system integrators in the Americas, Asia Pacific and Europe. The Company's products are marketed under the PacketLogic brand name. It has products that address customers with service provider requirements ranging from 2 megabits per second up to 80 gigabits per second.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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