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Rambus (RMBS) Tech Deal with IBM

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Post# of 44
Posted On: 03/24/2015 3:23:06 AM
Posted By: riddock57
After the closing bell on Monday, Rambus Inc. (RMBS) said that it has signed both patent and technology license agreements with tech giant International Business Machines Corp. (IBM).

The patent license agreement authorizes IBM to integrate RMBS' memory controller and serial link interface technologies. The technology license agreement will have RMBS develop and deliver high-performance memory interface design IP to enhance IBM systems and semiconductor offerings.

Specific terms of the agreements are confidential.

RMBS brings invention to market. The company’s customizable IP cores, architecture licenses, tools, services, and training improve the competitive advantage of its customer’s products while accelerating their time-to-market. RMBS products and innovations capture, secure and move data

More about Rambus Inc. (RMBS) at www.rambus.com

**

Shares of Vericel Corporation (VCEL) surged more than 15% Monday in extended-hours trading after the company reported improved quarterly financial results with a reduction in its losses, which represents an important step towards the company's goal of achieving profitability without the need to access additional capital

For the fourth quarter 2014, VCEL posted net revenues of $14.7 million, generated primarily from net sales of Carticel(R) (autologous cultured chondrocytes) implants and surgical kits and Epicel(R) (cultured epidermal autografts), which were acquired on May 30, 2014. VCEL's net loss improved to ($2.4) million, or ($0.17) per share for the period, compared to a net loss of ($2.9) million, or ($0.97) per share in the fourth quarter 2013.

VCEL is a leader in developing patient-specific expanded cellular therapies for use in the treatment of patients with severe diseases and conditions.

More about Vericel Corporation (VCEL) at www.vcel.com

**

Digital Ally Inc. (DGLY) stock was trading higher after hours on Monday following the release of the company's quarterly earnings report. DGLY delivered its strongest three-month period in the past twelve quarters.

For the fourth quarter 2014, DGLY posted revenue of $5.4 million, a 55% increase year over year, and non-GAAP adjusted net income of $146,846, or $0.05 per diluted share, versus a non-GAAP adjusted net loss of ($1.12) million, or ($0.50) per share in the same period the prior year

According to its business outlook, DGLY expects that its 2015 revenue should increase to approximately $25 million and that operating income should approximate $2.5 million, absent any unanticipated non-recurring expenses.

DGLY develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial applications.

More about Digital Ally Inc. (DGLY) at www.digitalallyinc.com

**

Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.

It has recently included the City of Tracy, CA ( www.tracy.crwe-pr.com ) into the CRWE Network.

Tracy is the second most populated city in San Joaquin County, California. It is located about 60 miles east of San Francisco.

The City of Tracy had an estimated population in 2013 (U.S. Census Bureau) of 84,691, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally

The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.

CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.

More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com

**

Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer


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