APAC Customer Services Inc. (Nasdaq:APAC) a leader in global outsourced services and solutions, will report financial results for its fiscal fourth quarter and full year 2010 after the market closes on Thursday, February 17, 2011. Management will hold a conference call, including a visual presentation, to discuss these results on Friday, February 18, 2011 at 10:00 a.m. Central Time (11:00 am ET). To participate in the live call by telephone, please dial 678-735-7977 and reference APAC’s earnings call. No pass code is required.
APAC Customer Services, Inc. provides customer care services and solutions. The company offers its services and solutions through multiple communication channels, including telephone, Internet, on-line chat, email, fax, mail correspondence, and automated response generated through technology.
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Advanced Analogic Technologies, Inc. (Nasdaq:AATI) reported financial results for the fourth quarter and fiscal year ended December 31, 2010. Net revenue for the fourth quarter of 2010 was $24.0 million, an increase of 15.2% over net revenue of $20.8 million for the fourth quarter of 2009, and a decrease of 3.9% from net revenue of $25.0 million for the third quarter of 2010. Net revenue for the fiscal year ended December 31, 2010, was $94.1 million, up 8.7% from net revenue of $86.5 million for 2009. In accordance with U.S. generally accepted accounting principles (GAAP), net loss for the fourth quarter of 2010 was $3.3 million, or $0.08 per diluted share. This compares to a GAAP net loss of $4.0 million, or $0.09 per diluted share, for the fourth quarter of 2009 and a GAAP net loss of $1.3 million, or $0.03 per diluted share, for the third quarter of 2010. The results for the third quarter of 2010 included a one-time tax benefit of $3.4 million as a result of a settlement with the IRS for the 2005 and 2006 tax years. Net loss for fiscal year 2010 was $12.8 million, or $0.30 per diluted share, compared to net loss of $12.7 million, or $0.29 per diluted share, for fiscal year 2009.
Advanced Analogic Technologies, Incorporated supplies power management semiconductors for consumer, communications, and computing electronic devices.
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Somaxon Pharmaceuticals, Inc. (Nasdaq:SOMX) a specialty pharmaceutical company, announced that it has engaged its contract sales force partner Publicis Touchpoint Solutions, Inc. to recruit and deploy for Somaxon an additional 35 sales representatives that will exclusively promote Silenor® (doxepin). Somaxon also announced that it has obtained from Comerica Bank a two-year, $15 million revolving line of credit for working capital needs and general corporate purposes. “Since the launch of Silenor in September, we have consistently increased the monthly number of physicians who have prescribed Silenor,” said Richard W. Pascoe, Somaxon’s President and Chief Executive Officer. “In addition, of those doctors who have prescribed Silenor, we achieved a 4% share of their insomnia prescriptions within the first two months of launch. We believe the expansion of our sales force in the first quarter will allow us to build upon these positive trends as we continue to actively assess our performance and deploy our resources in the most effective manner.”
Somaxon Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on the in-licensing, development, and commercialization of proprietary branded products and late-stage product candidates for the treatment of diseases and disorders in the central nervous system therapeutic area.
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EVCARCO, Inc. (OTC.BB:EVCA) (Pinksheets:EVCA) is pleased to announce that the Company has signed a three year executive agreement with Mr. Mack Sanders, who was recently appointed CEO by EVCARCO's board of directors. Mr. Sanders will be mainly responsible for the Company's roll out of its retail franchise model throughout the United States for its environmentally friendly vehicle product line as well as overseeing the day to day operations of the Company.
Mr. Sanders comes to EVCARCO with a strong background in the retail and wholesale automotive industry working in retail locations for Lincoln Mercury, Oldsmobile, and Mercedes. Mr. Sanders started his professional career in 1982 working as a retail sales professional for Pioneer Lincoln Mercury in Lubbock, Texas for their pre-owned vehicle division. Mr. Sanders played a key role in the 1980s in helping develop and maintain the pre-owned vehicle retail locations for Giles Volvo in Houston, Texas. After moving back to Dallas in 1990, Mr. Sanders entered the dealer to dealer automotive wholesale business permanently, working for over 15 years with David Jurecki where to this day, Mr. Sanders has cultivated long standing accounts with automotive franchise owners throughout the country.
"I am excited to join EVCARCO and bring my knowledge and expertise in the retail and wholesale operations, inventory management and new car franchise business, which will enable EVCARCO to build its own franchise brand for environmentally friendly dealerships," stated Mack Sanders, CEO of EVCARCO.
"Mack Sanders brings a strong history of automotive expertise to our management team, which will enable us to quickly achieve key milestones in 2011," stated Nikolay Frolov, Chief Financial Officer and Director of EVCARCO.
EVCARCO (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
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