News & Transactions

Cyalume Technologies Announces Acquisition of Combat Training Solutions

WEST SPRINGFIELD, Mass., Dec. 22, 2011 (GLOBE NEWSWIRE) – Cyalume Technologies Holdings, Inc. (OTCBB:CYLU), today announced that it has completed the acquisition of Combat Training Solutions, Inc. (CTS) for a $1.0 million consideration split evenly between cash and stock plus … Continue reading

Selway Capital Acquisition Corporation Common Stock and Warrants to Commence Trading Separately on December 16, 2011

Selway Capital Acquisition Corporation (the “Company”) (OTCBB: SWCAU), an innovated public acquisition company, or IPACSM, formed for the purpose of merging with or acquiring an operating business, today announced that Aegis Capital Corp., the representative of the underwriters of its … Continue reading

Selway Capital Acquisition Corporation Announces Pricing of $20,000,000 Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Selway Capital Acquisition Corporation (the “Company”) (OTCBB: SWCAU), an innovated public acquisition company, or IPACSM, formed for the purpose of merging with or acquiring an operating business, today announced the pricing of its initial public offering of 2,000,000 … Continue reading

Cyalume Technologies Announces Acquisition of JFC Technologies

WEST SPRINGFIELD, Mass., Sept. 1, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU), today announced that it has completed the acquisition of JFC Technologies, LLC’s (JFC) operations and certain related assets for a $5 million consideration split evenly between … Continue reading

Cyalume Technologies Announces the Exchange of $3.4 Million of Debt for Common Stock

WEST SPRINGFIELD, Mass., July 7, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) announced today that it has entered into agreements with certain subordinated debt holders to exchange approximately $3.4 million of unsecured notes of the Company for 736,334 … Continue reading

DVTel Is Now Arecont Vision MegaLabTM Certified

Receives Arecont Vision Partnership Awards Ridgefield Park, NJ, June 1, 2011 — DVTel, Inc., multiple award-winning market leader in Smart Security Solutions for video surveillance, today announced that it strengthened its existing relationship with megapixel technology leader Arecont Vision by … Continue reading

DataDirect Networks (DDN) and DVTel Team to Provide World’s Most Scalable and Cost Optimized IP Video Surveillance Solution

DataDirect Networks’ Award-Winning S2A and SFA Content Storage Solution and DVTel’s Latitude Video Management Enable Customers to Build “Pay as you Grow” Surveillance Infrastructure Chatsworth, CA and Ridgefield Park, NJ, May 16, 2011 — DataDirect Networks (DDN), the world’s largest … Continue reading

DVTel Expands Smart Security Solutions Portfolio with New Line of HD Smart Cameras

Ridgefield Park, NJ, May 17, 2011 — DVTel, Inc., multiple award-winning market leader in Smart Security Solutions for video surveillance, today announced it is releasing a new line of IP cameras that offers HD 720p and 1080p across the entire … Continue reading

Cyalume Technologies Holdings Announces Results for the First Quarter of 2011

WEST SPRINGFIELD, Mass., May 9, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) today announced results for the three months ending March 31, 2011, reporting a 2% increase in revenues to $9.1 million from revenues of $8.9 million for … Continue reading

Alabama Department of Education Partners With STI to Provide Graduation Tracking System to Schools

Alabama State Department of Education and STI roll out preK-12 early warning system to help school leaders throughout the state identify at-risk students for dropout prevention campaign MOBILE, ALA. (April 28, 2011) – The Alabama State Department of Education (ALSDE) … Continue reading

STI Relocates on University of South Alabama Campus to High-Tech Facility

Mobile-based education data management provider moves offices to stimulate innovation, growth and academic achievement MOBILE, ALA. (April 21, 2011) – STI has relocated its headquarters to a new facility in the Technology and Research Park on the University of South … Continue reading

Cyalume Technologies Holdings Reports Full Year and Fourth Quarter 2010 Results

2010 Revenue Up 18%; Adjusted Net Income Up 213%; Adjusted EBITDA up 73% WEST SPRINGFIELD, Mass., March 28, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) today reported net income of $2.6 million on revenues of $38.0 million for … Continue reading

DVTel Announces New President & CEO

Ridgefield Park, NJ, March 22, 2011 — DVTel, Inc., a multiple award-winning market leader in Smart Security Solutions, announced today the appointment of Yoav Stern as President & CEO. Mr. Stern will also serve as a Director on DVTel’s Board. … Continue reading

Cyalume Technologies Closes $3.5 Million Private Placement

WEST SPRINGFIELD, Mass., March 21, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) announced today that it has closed the sale of 871,823 shares of common stock to institutional investors in a private placement at a price of $4.60 … Continue reading

Districts Gain Insight and Accountability Into Student Data With STI’s New Ad-Hoc Reporting Tool

INFOCUS allows administrators and teachers to generate customized reports to analyze relationships among STI data sets to inform classroom instruction and school business MOBILE, ALA. (Feb. 2, 2011) – STI has developed an ad-hoc reporting module, INFOCUS, for its comprehensive … Continue reading

Cyalume Technologies Holdings, Inc. Announces New Packaging for SnapLight® 8″ Flare Alternatives

WEST SPRINGFIELD, Mass., Feb. 1, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU), the world leader in the chemical lighting industry, introduces new foil wrapped SnapLight® 8″ Flare Alternatives, the Next Generation Flare™. Driven by innovation and continuous improvements, … Continue reading

DVTel Appoints KLM Marketing and STS as Manufacturer Representatives

Ridgefield Park, NJ, January 20, 2011 — DVTel, Inc., a multiple award-winning market leader in Smart Security Solutions, announced today they have signed KLM Marketing and STS Sales and Marketing as Mid-Atlantic Manufacturer Representatives. KLM Marketing will support all activity … Continue reading

Cyalume Technologies and Fiocchi Ammunition USA to Launch the Fiocchi Chemical Tracer(R) Shotshell at the 2011 SHOT Show in Las Vegas

WEST SPRINGFIELD, Mass., Jan. 10, 2011 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) and Fiocchi Ammunition USA will launch the Fiocchi Chemical Tracer®, the world’s first non-pyrotechnic shotgun tracer at the 2011 SHOT Show in Las Vegas, NV from … Continue reading

Fiocchi Ammunition USA and Cyalume Technologies Partner to Market ChemiTracer(R) Shotgun Tracer Ammunition

WEST SPRINGFIELD, Mass., Oct. 4, 2010 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) announced today that it has entered into a strategic agreement with Fiocchi Ammunition USA, a world leader in the field of small-caliber ammunition, to develop and … Continue reading

Hayti School District Awarded School Improvement Grant to Implement Comprehensive Professional Development Program from Stiachievement Services

STI to provide professional development and coaching services to Hayti School District to help with turnaround efforts, using data to improve instruction and student achievement MOBILE, ALA. (September 13th, 2010) – Hayti School District in Missouri has been awarded $2 … Continue reading

DVTel and DDN Announce Global Partnership to Protect Strategic Infrastructure

Ridgefield Park, NJ, and Chatsworth, CA, August 19, 2010 — DVTel, Inc., multiple award-winning market leader in Smart Security Solutions, and DataDirect Networks (DDN), the leading data infrastructure provider for the world’s most scalable, content-intensive enterprises, today announced a global … Continue reading

Marshall County Schools Improves Proficiency on the Alabama Reading and Math Test in All Grade Levels

GUNTERSVILLE, AL (September 1, 2010) – Since implementing a comprehensive professional coaching program that facilitated ongoing student assessment and the use of data to improve instruction, Marshall County Schools has increased proficiency on the Alabama Reading and Math tests in … Continue reading

DVTel’s Professional Engineering Services Group Expands Services

Ridgefield Park, NJ, July 29, 2010 — DVTel, Inc., multiple award-winning market leader in the development and delivery of intelligent security solutions over IP networks, is pleased to announce a series of upcoming webinars to share the many successes of … Continue reading

DVTel Wins Project Of The Year at IFSEC 2010

Ridgefield Park, NJ and Birmingham, UK, May 12, 2010 — DVTel, Inc., multiple award-winning market leader in the development and delivery of intelligent security solutions over IP networks, is excited to announce their recent win of Project of the Year … Continue reading

General Dynamics and Cyalume Technologies Collaborate on Advanced Illumination and Marking Payloads for Ammunition Applications

WEST SPRINGFIELD, Mass., April 6, 2010 (GLOBE NEWSWIRE) — Cyalume Technologies, Inc. announced today that it has entered into a strategic agreement with General Dynamics Ordnance and Tactical Systems to develop and market training, illumination and marking payloads that use … Continue reading

Cyalume Technologies Holdings Announces Key Contract Renewal

WEST SPRINGFIELD, Mass., Feb. 1, 2010 (GLOBE NEWSWIRE) — Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) today announced that it was re-awarded the direct contract with the U.S. Military to supply chemiluminescent light products. The contract, last awarded to the Company in … Continue reading

DVTel Acquires Analytics Leader ioimage

Ridgefield Park, NJ, January 12, 2010 — DVTel, Inc., multiple award-winning market leader in the development and delivery of intelligent security solutions over IP networks, today announced that two network video surveillance industry pioneers are coming together with DVTel’s acquisition … Continue reading