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Tech Companies Market Watch: GroveWare, a Verizon Business Partner, Launches App for Research In Motion's BB10 Smartphone


News provided by

FinancialNewsMedia.com

Jan 22, 2013, 09:10 ET

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CORAL SPRINGS, Florida, January 22, 2013 /PRNewswire/ --

"Active Tech Companies Watch" for today: GroveWare Technologies Ltd. (OTC:GROV), Research In Motion, Ltd. (NASDAQ: RIMM), Verizon Communications (NYSE:VZ), Baidu.com, Inc. (NASDAQ: BIDU) and Mikros Systems Corporation (OTCQB: MKRS)

Headline News: GroveWare Technologies (OTC:GROV), a VerizonWireless Business Solution Partner, Launches Latest MobiTask App on Blackberry's App World.

Stay informed on GroveWare Technologies developments by getting FREE news alerts & updates delivered directly to your mobile phone by texting GROV to 545454 from your cellular device or visit http://grov.mobi for more details.

On January 30th, two "COOL" Blackberry 10 devices will be launched by Research In Motion (NASDAQ: RIMM) in multiple countries. The first two Blackberry 10 smartphones will be launched immediately, with six more to follow next year. Groveware Technologies (OTC: GROV), a Verizon Wireless Business Solutions Partner and a developer of mobile process automation apps, has already prepared their app, MobiTask, for the Blackberry 10.

As of January 21, 2013, the MobiTask app is available for the BB10 inside of the Blackberry App World. This gives 79 million Blackberry users worldwide access to the app - and 27 million of these users represent the Business and Government sectors. This provides a massive opportunity for Groveware to provide mobile solutions in the areas of collecting field data as well as mobile ERP.

While there are many businesses and governments who have made the switch to Apple or Android, Blackberry still maintains a large number of corporate clients who are security conscience. "People choose Groveware because of the security that we can offer," comments Hrair Achkarian, Groveware's CEO. The company uses a middleware in conjunction with MobiTask that ensures all data is encrypted before it is sent off of the mobile device.

Verizon Wireless (NYSE: VZ) has announced plans to launch the BB10. As a Verizon Wireless Business solutions partner, this will allow millions of clients to find out what Groveware is capable of in terms of offering mobile business solutions within the BB10.

Read the entire press release along with full companies disclosures by going here: http://finance.yahoo.com/q/h?s=GROV+Headlines

For more information on GROV visit their website at http://www.groveware.com

Other active tech companies to watch in today's market are:

Research In Motion (NASDAQ: RIMM) price per shared continued climb as of the close this past Friday after a German newspaper cited RIM CEO Thorsten Heins talking about possible licensing deals and asset sales in an interview. In the interview with the Die Welt newspaper, Heins said while RIM is focused on its soon-to-be-launched BlackBerry 10 smartphones, it is also still mulling possibly licensing its software or selling RIM's hardware unit. RIMM closed up 6.24% on Friday 01/18/13 on over 71.1 million shares traded.

Verizon Communications Inc. (NYSE:VZ) will report fourth-quarter and year-end 2012 earnings on Tuesday, Jan. 22.  Executive Vice President and Chief Financial Officer Francis J. Shammo will present results on a webcast beginning at 8:30 a.m. Eastern time. Access instructions and presentation materials, including Verizon's earnings release, will be available at 6:30 a.m. on Verizon's Investor Relations Web site, http://www.verizon.com/investor. VZ closed up 0.97% on Friday 01/18/13 on over 14.1 million shares traded.

Baidu.com, Inc. (NASDAQ: BIDU) announced this past weekend that many of its applications resumed their appearance on App Store. Last Saturday when Baidu.com was holding its annual meeting of all employees, many of Baidu applications were removed from App Store. Apple Inc. (NASDAQ: AAPL), however, has not given the reason of such application removal. BIDU closed up 1.30% on Friday 01/18/13 on over 3.1 million shares traded.

Mikros Systems Corporation (OTCQB: MKRS), announced recently that they have been selected by Northrop Grumman to assist in the design of wireless networks on US Navy Submarines for the Consolidated Afloat Networks and Enterprise Services (CANES) program. Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications.

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.

To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG was compensated six thousand fifty dollars for the news dissemination by a non-affiliated third party for GroveWare Technologies, Ltd. news coverage. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE AND WAS NOT COMPENSATED BY ON OTHER COMPANY INCLUDED HEREIN.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:

Company:  FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
U.K. Phone: +44-870-8200239
URL: http://www.financialnewsmedia.com

SOURCE FinancialNewsMedia.com

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