Voltari Announces Closing of Rights Offering
NEW YORK, March 30, 2015 (GLOBE NEWSWIRE) -- Voltari Corporation (Nasdaq:VLTC) announced today that it has closed its previously announced offering of transferable subscription rights (the "Rights Offering") to purchase up to an aggregate of 4,300,000 shares of the Company's common stock, $0.001 par value per share (the "Common Stock"). The Rights Offering was launched on February 27, 2015, to stockholders of record on February 3, 2015, and expired at 5:00 p.m., New York City time, on March 20, 2015.
CTI Group (Holdings) Inc
CTI Group Reports 2014 Financial Results
INDIANAPOLIS, Ind., March 30, 2015 (GLOBE NEWSWIRE) -- via PRWEB - CTI Group (Holdings) Inc. (OTC:CTIG), a global provider of carrier-grade software solutions and services which empower organizations through communication analytics, reported results for the twelve months ended December 31, 2014. Revenues for the twelve months ended December 31, 2014 increased to $18,298,569 as compared to revenues for the twelve months ended December 31, 2013 of $15,482,996. The increase in revenues was primarily attributable to revenue recognized in the United States in our call accounting management and recording ("CAMRA") segment. The Company reported a net income for the twelve months ended December 31, 2014 of $2,242,194, or $0.07 per diluted share, as compared to a net loss of ($1,102,810), or ($0.04) per diluted share, for the twelve months ended December 31, 2013. The net income for the twelve months ended December 31, 2014 was primarily attributable to income resulting from the previously mentioned increase in revenue in our United States CAMRA segment and other income of $1,344,749 related to the net proceeds of a legal settlement.