TAIPEI, TAIWAN — Laird Technologies announced that it signed a distribution and lamination agreement with ITEQ Corp. The combined resources of ITEQ and Laird Technologies uniquely positions both companies to supply solutions to the growing LED based BLUs for LCD Flat Panel Display.
YAVNE, ISRAEL – Valor Computerized Systems announced second-quarter revenues rose 14.8% over the same quarter last year to $10.6 million. The software company’s net profit fell 32% to $681,000 for the quarter. Earnings before taxes, depreciation and other charges (EBITDA) fell 13% to $1 million.
Product revenue was up 16.5%, while maintenance revenue climbed 12%.
First-half revenues grew 18.7% year-over-year to $20.9 million. The company reported EBITA rose 19.9%, but earnings dropped 3.7% year-over-year.