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BY: Felicia Phillips
ALISO VIEJO, Calif.--(CRWENEWSWIRE) Dec. 30, 2009 Smith Micro Software, Inc. (NASDAQ:SMSI - News), a leading provider of mobility solutions and services for the mobile broadband market, today announced an agreement to provide its mobile connection management software to Bouygues Telecom, one of the largest providers of telecom products and services in France. Smith Micro Software’s connection manager will power Bouygues Telecom’s complete line of modem devices designed for PCs and Netbooks. Bouygues is Smith Micro Software’s first mobile operator customer in France.
Through this agreement, Smith Micro Software has customized its innovative QuickLink Mobile technology for mobile connection management to support 3G GSM and Wi-Fi networks, and to enable the greatest ease of access for Bouygues subscribers using a variety of mobile devices and data cards. The intuitive, patented technology allows the software to seamlessly navigate through various wireless networks and seamlessly select a network based on the user’s preference. Smith Micro has developed two versions of this connection manager, one to support Bouygues Telecom’s consumer customers and a second application with more advanced security features to meet the demands of enterprise customers.
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PremierWest Bancorp (Nasdaq:PRWT), parent company of PremierWest Bank, announced that at a special meeting held December 29, 2009, shareholders overwhelmingly approved a proposal to increase the number of authorized shares of common stock to 150 million, with over 95% of shares represented at the meeting voting in favor. President and CEO James Ford stated, “I am extremely pleased with the positive support received from our shareholders in approving this action. With this approval we can continue to evaluate our options for raising capital.”
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TaxMasters, Inc. (OTC Bulletin Board: TAXS) Earlier this month, TaxMasters reported financial results for the first nine months of 2009. Revenues totaled approximately $27 million, an increase of 87% over revenues of approximately $14 million in the same period of 2008. Net income for the nine month period was approximately $6 million, compared to approximately $1 million for the same period of 2008, an increase of nearly 442%. The company expects to report its financial results for the fourth quarter and full year 2009 on March 31, 2010
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