World IT News

• Visiphor Grants OptionsVANCOUVER, BC--(Marketwire - October 8, 2008) - Visiphor Corporation ("Visiphor") ( OTCBB : VISRF ) ( TSX-V : VIS ) ( XETRA : IGYA ) announces that it has granted a total of1,200,000 options to officers and directors of the Company at an exerciseprice of $0.10 with an expiry date of October 7, 2011. One third of theseoptions will vest immediately, one third will vest one year from the dateof grant, and the final third will vest two years from the date of grant,with a four month hold period that expires on February 7, 2009.
• OSI Geospatial Inc Reports 2008 Third Quarter ResultsOTTAWA, CANADA--(Marketwire - Oct. 9, 2008) - OSI Geospatial Inc (TSX:OSI) today announced its financial results for the third quarter of fiscal year 2008 and nine months ending August 31, 2008, reported in US dollars and in accordance with Canadian Generally Accepted Accounting Principles (GAAP). For the third quarter of 2008, OSI Geospatial Inc reported revenue of $6.2 million, a decrease of 15% from the $7.3 million reported in the third quarter of 2007. For the nine months ending August 31, 2008, the company reported revenue of $18.6 million, an increase of 9% from the $17 million reported in the same period of 2007.
• Daresbury Laboratory Chooses TotalView(R) for Application Development on the Blue Gene(R)/PNATICK, MA--(Marketwire - October 9, 2008) - TotalView Technologies, a provider ofinteractive analysis and debugging tools for serial and parallel codes,today announced that the STFC Daresbury Laboratory in Warrington, U.K. haschosen to use TotalView® to improve scientific research efforts andparallel application development on its IBM® Blue Gene®/P system. Daresbury scientists will use TotalView on the Blue Gene/P in collaborativeprograms across a range of disciplines, including computational chemistry,materials and fluid dynamics, and ocean and atmospheric modeling. DaresburyLaboratory is part of the U.K.'s Science and Technology Facilities Council,whose facilities are used by more than 5,000 scientists and engineers, andcomprise one of the largest multidisciplinary research organizations inEurope. Both U.K. national machines supported through Daresbury, the HPCxsupercomputer and Cray's HECToR, also use TotalView for parallel debuggingin developmen
• Turk Telekom Takes Up Nortel Solution for Delivering IP Powered Business Communication ServicesReaching Out to Corporate and SMBs with New Centrex IP and SIP Multimedia Services
• Nortel Helps Comstar Connect Millions of People Across RussiaNortel's Carrier VoIP Network Supporting Huge Volumes of Comstar's Long-Distance Voice Traffic Across the Country