Advancing Tech Companies Reveal Strategic Partnerships, Products and Revenue Reports: Viscount Systems, Microsoft, Honeywell, Cisco, United Technologies
CORAL SPRINGS, Florida, November 14, 2013 /PRNewswire/ --
High Profile Tech News & Market updates for advancing leaders in the technology sector: Viscount Systems, Inc. (OTCQB:VSYS), Microsoft Corporation (NASDAQ: MSFT), Honeywell International, Inc. (NYSE: HON), Cisco Systems, Inc. (NASDAQ: CSCO), United Technologies Corp. (NYSE: UTX) and Oracle Corporation (NYSE: ORCL)
Viscount Systems, Inc. (OTCQB:VSYS) News: SoundView Research, a leading independent research firm, recently published an updated report on Viscount Systems, Inc. (OTCQB:VSYS), a developer and manufacturer of IT-based solutions for physical security systems. The report is entitled, "Microsoft Partnership Deepens." The research report states, "Microsoft Corporation (NASDAQ: MSFT) has formalized their strategic technology partnership with Viscount to include revenue sharing when new end-user business comes in from the marketing programs and support provided by Microsoft Global Security. The revenue share agreement with Microsoft is a major milestone for Viscount. It significantly strengthens the company position in the market going forward and provides a platform for lead generation for Viscount's IP-based "Freedom" access control security system. Over the past year, Microsoft has been testing and using Viscount's Freedom security system at one of the main buildings associated with its Global Security Operations Center (GSOC) on the Microsoft campus in Redmond, WA. This announcement comes on the heels of Viscount becoming a technology partner to Microsoft Global Security earlier this year." (http://www.msgsoc.com/p_viscount.html)
To read the full press release, please click here http://www.fnmprofiles.com/VSYS-NEWS.html
For Viscount, Microsoft brings a wealth of credibility in both the enterprise and government segments - core markets for Viscount. Potential customers seeking to migrate their security to the cloud will no doubt to take note of Viscount's status as a best-of-breed access control security vendor by Microsoft. The report concludes, "Our current intrinsic value (IV) estimate for VSYS is $0.38 per share for 2014, suggesting there is a great deal of value creation potential ahead for Viscount in the year ahead. The revenue share agreement with Microsoft is a key milestone that puts the company in a potential to experience a break out year in 2014. It will take a few months to ramp up and begin to harvest the fruits of the Microsoft partnership, but management is confident in its ability to execute and deliver the goods in the year ahead."
If you are interested in viewing the full report, please go to http://viscount.com/wp-content/uploads/Press%20Releases/viscount-miscrosoft-rev-share.pdf.
Honeywell International, Inc. (NYSE: HON) announced a retrofit and revitalization project that is expected to save Connecticut's Town of Tolland nearly $600,000 a year in utility and operating expenses, funds that will be used to make energy-efficient upgrades across multiple municipal buildings and four public schools. Tolland will finance a portion of the building improvements with a 20-year, $10-million performance contract with Honeywell. As a result, the town can pay for most of the work with the annual cost savings, guaranteed by Honeywell, rather than drawing from additional public resources. The town also plans to supplement the investment with an estimated $350,000 in incentives from Connecticut Light & Power.
Cisco Systems, Inc. (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, reported its first quarter results for the period ended October 26, 2013. Cisco reported first quarter revenue of $12.1 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.0 billion or $0.37 per share, and non-GAAP net income of $2.9 billion or $0.53 per share. Read the full 1st Qtr Report at http://finance.yahoo.com/news/cisco-reports-first-quarter-earnings-210500040.html
Sikorsky Aircraft Corp, a subsidiary of United Technologies Corp. (NYSE: UTX), and PHI Inc. announced the completion of the first operational flights of the new "Rig Approach" system, a first of its kind functionality on the S-92® helicopter that provides helicopter operators with an automated approach to offshore rigs and platforms. Earlier this year, two FAA Demonstration test flights were flown simultaneously by Sikorsky and PHI, Inc. pilots who utilized Rig Approach to fly to oil rigs off the coast of Louisiana.
Oracle Corporation (NYSE: ORCL) Big Data Appliance X4-2 is now available, providing enterprises with a comprehensive and secure engineered system optimized to run Cloudera's entire Platform for Big Data, Cloudera Enterprise, at a low overall total cost of ownership. Together, Oracle Big Data Appliance X4-2, Oracle Big Data Connectors, and Oracle Exadata form a complete and integrated platform for Big Data. Big Data Appliance X4-2, which includes the entire Cloudera Enterprise technology stack and 33 percent more storage capacity for a total of 864 terabytes.
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DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FNMG was compensated by VSYS, one thousand four hundred ninety dollars for the dissemination of the news released by Viscount Systems, Inc.
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