Sonus Networks Announces Definitive Agreement to Acquire Network Equipment Technologies

Acquisition Would Bring Branch Office and Small Office Solutions to Expand Sonus’ Portfolio for the Enterprise Market

Key Takeaways:
    Intended purchase of Network Equipment Technologies, Inc. (NET) is expected to accelerate Sonus’ ability to serve the enterprise market
    Sonus’ Session Border Controller (SBC) enterprise addressable market would be extended by expanding its SBC product capabilities with branch office and small office solutions
    NET is a key enabler of Microsoft® Lync™ deployments and together the proposed combination seeks to address growing Unified Communications deployments
    Sonus route-to-market capabilities would be expanded with an established foundation of channel partners
    Acquisition would equip Sonus with a US federal government installed base and sales channel

Mercury Computer Systems to Acquire Micronetics, Inc.

    Micronetics is a leading designer and manufacturer of microwave and RF subsystems and components for defense and commercial customers
    Acquisition would create a unique, scalable microwave, RF and digital solutions platform
    Transaction is expected to be immediately accretive to EBITDA

Mercury Computer Systems, Inc. (MRCY) (www.mc.com), a trusted provider of commercially developed application-ready ISR and EW subsystems for defense prime contractors, today announced that it has signed a definitive agreement to acquire Micronetics, Inc. (NOIZ) (www.micronetics.com), a leading designer and manufacturer of microwave and radio frequency (RF) subsystems and components for defense and commercial customers.

CalAmp Raises Guidance for First Quarter Revenue and Earnings

CalAmp Corp. (CAMP), a leading provider of wireless products, services and solutions, announced today that revenue for its fiscal 2013 first quarter ended May 31, 2012 is expected to be in the range of $43.5 to $44 million, above the previously issued revenue guidance range of $38 to $41 million. The higher revenue is primarily due to increased demand in the Company's Wireless Datacom segment.

In addition, earnings per diluted share for the first quarter are now expected to be in the range of $0.13 to $0.14 GAAP and $0.17 to $0.18 Non-GAAP. These ranges are above the previously issued guidance of $0.07 to $0.11 GAAP and $0.10 to $0.14 Non-GAAP.

Optical Cable Corporation Reports Fiscal Second Quarter 2012 Financial Results

OCC® Sets New Record for Quarterly Sales, Achieves Increases in Gross Profit and Net Income

Optical Cable Corporation (OCC) ("OCC®" or the "Company") today announced financial results for its fiscal second quarter ended April 30, 2012.  The Company achieved increases in net sales, gross profit and net income for both the quarter and year-to-date periods, compared to the same periods in fiscal year 2011.

Second Quarter 2012 Financial Results

OCC's consolidated net sales for the second quarter of fiscal year 2012 were the highest in OCC's history — exceeding the previous quarterly net sales record set in the fourth quarter of fiscal year 2011.