Verint Announces First Quarter Results

MELVILLE, N.Y.-- Verint^® Systems Inc. (VRNT), a global leader in Actionable Intelligence^® solutions and value-added services, today announced results for the three months ended April 30, 2014.

“We are pleased with our first quarter non-GAAP revenue of $269 million which drove strong cash flow and earnings. Our financial results and business activity for the first quarter have made us more optimistic about the year, and we are raising our annual guidance,” said Dan Bodner, CEO and President.

Bodner added, "During Q1, we experienced broad strength across many areas. Customer reaction to our combination with Kana has been very positive. Our Enterprise Intelligence segment achieved year-over-year revenue growth of 47% including Kana’s results, and 11% excluding Kana's results. Our Communications and Cyber Intelligence segment achieved 21% year-over-year revenue growth. Our focus on actionable intelligence combined with our broad portfolio, position us well for long-term growth.”

WidePoint Awarded Two New Contracts, Together Worth $28.8M, by U.S. Federal Law Enforcement Agencies

Two federal law enforcement agencies under the Department of Justice (DOJ) have awarded WidePoint contracts for Telecommunications Management services

MCLEAN, Va., June 4, 2014 - WidePoint Corporation (NYSE Mkt: WYY), a leading provider of Managed Mobility Solutions featuring enterprise-wide telecommunications management, cybersecurity, identity and data assurance, and consulting solutions delivered in a secure environment, announced today that WidePoint subsidiary iSYS LLC has received two contract awards from federal law enforcement agencies. The first is for $5.7M estimated for the initial period of performance of one year, with four optional periods that will bring the award total to more than $27.5M. The second award is a one-year base period with two option periods for a total of $1.35M for the life of the contract.

Patent Reform Bill Removed from Senate Consideration

BETHESDA, Md., May 27, 2014 -- Spherix Incorporated (SPEX) -- an intellectual property development company committed to the fostering and monetization of intellectual property, today noted that the United States Senate, and Senate Judiciary Committee Chairman Patrick Leahy (D-Vermont), removed the patent reform bill from the committee's calendar.

Senator Leahy cited the lack of broad bipartisan support for the bill, and also stated that many of the proposals would overly burden "legitimate patent holders who employ thousands of Americans."

Anthony Hayes, Chief Executive Officer of Spherix, stated, "The removal of this bill from the Senate Judiciary Committee schedule should remove some of the uncertainty which has been clouding our industry. Spherix is committed to responsibly protecting the patents it owns, and we remain eager to work with companies large and small to reach fair agreements."

ENGlobal Reports First Quarter 2014 Results

HOUSTON, May 8, 2014  -- ENGlobal (ENG), a leading provider of engineering and automation services, today announced its financial results for the first quarter ended March 29, 2014.

HIGHLIGHTS OF CONTINUING OPERATIONS (1^st QTR 2014 compared to 1^st QTR 2013):

• Revenue of $26.9 million, a 33% increase
• Gross profit margin of 22.6%, an increase of 10.9 percentage points
• Net income from continuing operations of $1.8 million, an increase from a net loss of $(1.0) million
• Earnings from continuing operations of $0.07 per diluted share, an increase from a net loss of $(.04)