Cisco (NASDAQ: CSCO) reported it is set to lead the field in technology innovation when it deploys the Cisco Connected Stadium Wi-Fi Solution to provide Flemington members and racegoers with the latest in Wi-Fi technology.
The board of directors of Trunkbow International Holdings Ltd. (NASDAQ: TBOW) reported receiving a preliminary non-binding proposal letter from Hou Wanchun, chairman of the board of directors of the company, and Li Qiang, chief executive officer and a director of the company, that proposes a "going-private" transaction involving the acquisition of all of the outstanding shares of the company's common stock they don't already own at a price of $1.46 per share in cash.
Level 3 Communications, Inc. (NYSE: LVLT) said that the Nemours Foundation has selected Level 3 to support its rising bandwidth needs and to help enable and support the operation of its advanced medical record system.
TeleCommunication Systems, Inc. (NASDAQ: TSYS) said it has opened a new sales office located in Johannesburg, South Africa. This office will be the focal point of the company's marketing and sales activities throughout Africa.