CORAL SPRINGS, Florida, November 21, 2013 /PRNewswire/ --
Tech companies' developments spur growth and paves way for distribution opportunities: mPower Technologies Inc. (OTCQB: XDSL), Zhone Technologies Inc. (NASDAQ: ZHNE), The ADT Corporation (NYSE: ADT), Zynga, Inc. (NASDAQ: ZNGA) and STIMicroelectronics NV (NYSE: STM)
mPower Technologies Inc., the consumer products division of mPhase Technologies, Inc. (OTCQB:XDSL), announced today new opportunities for distribution partners in the auto accessories category. Officially launched on November 5, 2013 at the SEMA show, the mPower Jump It is an extremely powerful and portable car battery jump starter that's so small it fits in a glove box. "The mPower Jump It is an exciting opportunity for auto accessories distributors and retailers," said Ron Durando, President and CEO of mPhase Technologies. "It fits perfectly into the multi-billion dollar battery, safety and accessories categories - a simple value proposition, fulfilling a strong consumer demand, at a price point that virtually any family can afford."
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The Jump It is powerful enough to jump 12V batteries, including large 8-cylinder vehicles. MSRP is $89.95 and first shipments to distribution will start December 9, 2013. Just in time for the holiday season. To increase brand awareness, mPower has created a memorable logo, name and packaging for the Jump It. The brand identity focuses on the quality and convenience of the mPower Jump It, highlights it as something very different from competing products and clearly emphasizes the key value proposition of "Always In Your Car, Always Ready, Always Easy to Use.
Zhone Technologies Inc. (NASDAQ: ZHNE) a global leader in FTTx network access solutions, recently announced that its FiberLAN Optical Line Terminal (OLT) and Optical Network Terminals (ONT) Passive Optical Network (PON) with Software Release 2.4.1 has received Joint Interoperability Certification from the Defense Information Systems Agency. The Joint Interoperability Test Command (JITC) is the established certification authority for Unified Capabilities (UC) products. This certification allows Zhone the opportunity to bid on military and government contracts, providing a robust PON based solution to support mission-critical communications.
The ADT Corporation (NYSE: ADT) recently announced it has filed a second lawsuit against Utah-based Vision Security, LLC to prohibit their sales agents from using deceptive sales pitches, and to obtain further damages and attorney fees. The new lawsuit comes just two months after Vision and Security Networks, LLC settled with ADT for $2.2 million and agreed to a permanent injunction for engaging in similar practices.
Zynga, Inc. (NASDAQ: ZNGA) the world's leading provider of social game services, has launched new Hit It Rich! slots themes featuring favorite entertainment icons. An online social casino game based on high-quality slots mechanics that provide a free and lifelike casino experience, Hit It Rich! is available now for players worldwide on Facebook at http://zynga.com/game/slots and coming soon for mobile. Hit It Rich! offers new ways to play with games themed on favorite entertainment icons. Just in time for Halloween, players can enter the kooky and spooky world of Elvira, Mistress of the Dark with her themed Hit It Rich! slots game featuring her signature beehive hairdo, blood red lipstick and iconic persona.
STIMicroelectronics NV (NYSE: STM) a global semiconductor leader serving customers across the spectrum of electronics applications, and Yogitech, a leader in providing functional safety solutions, have signed an agreement to create a comprehensive package that will simplify the development and certification of safety-critical applications based on STM32 microcontrollers. ST and Yogitech have agreed to develop a safety manual and software test libraries as a simple, quick, and effective means of detecting and flagging potentially dangerous failures in STM32 designs using tailored development tools from IAR Systems.
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