RIM Acquires Ascendent Systems and AT&T Announces New Contract with Wheaton Franciscan Services, Inc.14 March 2006
Diversified Communication Services industry news provided by Financial News USA (OTC: FNWU) Research In Motion (RIM) (NASDAQ:RIMM) recently announced it has acquired Ascendent Systems, a leading provider of solutions that simplify voice mobility implementations in the enterprise. In addition to working with RIM, Ascendent has established relationships with mobile carriers and a variety of other technology leaders including Cisco, Intel and Microsoft. Nokia (NYSE: NOK), the global leader in mobility, recently announced a new Bluetooth enhancement; the Nokia Wireless Audio Gateway AD-42W, a device that streams music between compatible mobile devices, home stereos, PC's and wireless headsets. Available during the 2nd quarter of 2006 the Nokia Wireless Audio Gateway AD-42W allows consumers to listen to music stored in their compatible mobile devices wirelessly with their home stereos. AT&T Inc. (NYSE: T) recently announced a new contract to provide optical networking services to Wheaton Franciscan Services, Inc. (WFSI), a not-for-profit organization with headquarters in Wheaton, Ill., that operates more than 100 health and shelter agencies including 17 hospital campuses in Wisconsin, Iowa and Illinois. AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States. eLEC Communications Corp. (OTCBB:ELEC): Summary of Accomplishments: Total revenue of $15.9 million, Annual revenue is 66 percent higher than fiscal 2004, 46 percent gross margin percentage, Established compliance with 911 emergency calling regulations for Voice Over Internet Protocol (VoIP) services and Added several significant VoIP wholesale customers. eLEC Communications Corp, a wholesale and retail communications provider that offers standard wireline and VoIP telephone services, recently announced results of its operations for the year ended November 30, 2005. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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