Technology's Heavy Hitters with News: mPhase Technologies, Alvarion, eFuture Information, Intel, Facebook
CORAL SPRINGS, Florida, August 20, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's active technology / Internet companies with current market trends: mPhase Technologies Inc. (OTCQB: XDSL), Alvarion Ltd. (NASDAQ: ALVR), eFuture Information Technology Inc. (NASDAQ: EFUT), Intel Corporation (NASDAQ: INTC) and Facebook (NASDAQ: FB).
mPhase Technologies Inc. (OTCQB: XDSL) Headline: mPhase to Display mPower "Jump!" Auto Battery Technology at SEMA Show, Las Vegas, November 2013 - mPhase Technologies Inc., a Frost and Sullivan battery technology award recipient, will launch the mPower Jump car battery jump starter at the SEMA Show, the premier automotive specialty products trade event in Las Vegas - mPhase Technologies Inc. (OTCQB: XDSL) - (http://mpowertech.com/) announced today that it will be displaying at SEMA 2013 its mPower "Jump!" car battery jump starter for channel distribution into specialty, mass retail and e-tail sales outlets. The mPower "Jump!, a truly portable jump starter that fits in a glove box, will be showcased exclusively at the mPower booth at SEMA. With over 60,000 domestic and international buyers at SEMA, the emergency auto device, The mPower "Jump!", will provide auto channel suppliers and retailers a better solution to jumper cables and traditional car batteries in time for the retail buying seasons. The mPower "Jump!" was designed under a development agreement with the Porsche Design Studios, Austria..
The video demonstration of this game changing product can be seen on YouTube at http://www.youtube.com/watch?v=gsZYhLURQ-o
To read the entire press release, please go to http://www.fnmprofiles.com/profiles-xdsl.php
With over 250 million automobiles in just the United States, the mPower "Jump!" is targeted at a sizable mass market for regional and national automotive retailers and e-tailors. "The 2013 SEMA Show has been a much anticipated event for us as it represents the perfect showcase for gaining distribution channels for the mPower "Jump!" Said Ron Durando, President and CEO of mPower Technologies, Inc. "This is an ideal auto utility product that brings easy to use, Power on Command™ in the event of being stranded with a dead battery. "
Alvarion Ltd. (NASDAQ: ALVR) engages in the design, development, manufacture, and marketing of wireless products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers broadband wireless applications for various enterprise markets, providing owners and operators of public networks, private networks, utility companies, and municipalities with broadband connectivity and applications. ALVR was active in the markets on Monday (August 19, 2013) trading over 7.6 Million Shares closing up over 127 percent for the day.
eFuture Information Technology Inc. (NASDAQ: EFUT), a leading provider of software and services in China's rapidly growing retail and consumer goods industries, announced that it has signed an agreement with Rainbow Department Store Company Limited (002419, "Rainbow Department Store") to launch myStore, a one-on-one engagement platform designed to facilitate easy access between sales clerks and their customers. The platform also provides a social shopping network for consumers and their friends to connect to the consumer society at large. EFUT was active in the markets on Monday (August 19, 2013) trading over 5.1 Million Shares closing up over 34 percent for the day.
Wind River, a wholly owned subsidiary of Intel(R) Corporation (NASDAQ: INTC) and a world leader in embedded and mobile software, has won a Top Embedded Innovation of 2013 award from Embedded Computing Design magazine for its Wind River Intelligent Network Platform, a software platform for the creation of sophisticated network equipment that accelerates, analyzes and secures the flood of traffic for next generation networks. Wind River Intelligent Network Platform has been designed to deliver maximum scalability and flexibility to build faster, smarter, and more secure network elements of all types, including security appliances and mobile and broadband edge devices.
After the markets closed for trading on Monday (August 19, 2013), Janney Capital Markets analysts Tony Wilbe and Murali Sankar initiated coverage of Facebook (NASDAQ: FB) with a Buy rating. Both Wilbe and Sankar speculate that Facebook could benefit from market drivers, including the move the move to mobile advertising, growing demand for marketing segmentation, and the scaling of recent investments. However, they also note that more subtle catalysts also exist, citing the secular shift to the "second screen" during prime time TV hours, the potential for a viable payment platform, pricing leverage, and a more seamless integration with traditional ad measurements. FB closed up slightly on Monday at $37.81 per share on over 57.5Million shares traded.
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