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Multi-Tech Expands M2M Gateway to Further Simplifiy Application Development and Demonstration

Multi-Tech Expands M2M Gateway to Further Simplifiy Application Development and Demonstration












The New MultiConnect OCG Break-Out Board and Cable Developer Tools


Minneapolis, MN (PRWEB) April 18, 2012

The success of the MultiConnect™ OCG Open Communications Gateway has led to the availability of new developer tools and non-cellular models to meet the growing needs of Multi-Tech Systems customers and partners.

The new MultiConnect OCG GPIO cable and break-out board make application development and demonstration simple and fast through the use of quick-connect wiring and sensor simulation. The cable and break-out board allows developers to more easily:

    connect to the MultiConnect OCG-D Developer Kit or MultiConnect OCG-E Developer Board using the new GPIO cable with dual Molex connectors,
    connect sensors and switches to the MultiConnect OCG-D and MultiConnect OCG-E using the wiring quick-connects or headers available on the break-out board,
    power application sensors using 120V transformer, and
    demonstrate application changes using potentiometers and switches on the break-out board.

The new non-cellular gateways provide a hardware platform for customers looking for an industrialized Linux that do not require cellular connectivity. These Linux industrialized computers support the same connection interfaces (serial, USB, Ethernet) and come in the same form factor as the MultiConnect OCG-D and MultiConnect OCG-E devices. Models are available with and without GPS.

The MultiConnect OCG Open Communications Gateways are application-ready end user solutions comprising an open Linux development environment and a fully certified hardware offering that includes multiple interfaces (serial, USB, Ethernet and SD card) and internal peripherals (including a cellular modem and a GPS receiver). They are available in both external device and embedded versions.

Additional information on the MultiConnect OCG Open Communications Gateways, including a developer’s guide, is available on the Multi-Tech Systems Developer’s Website. For complete details, please visit http://www.multitech.com/solplat.go or ask your distributor.

About Multi-Tech Systems

Multi-Tech Systems has been delivering industry-leading M2M (machine-to-machine) communications solutions since 1970. With more than 20 million devices deployed worldwide, Multi-Tech focuses on helping customers achieve the shortest path to M2M connectivity – from concept to implementation. Whether a project is simple or very complex, Multi-Tech has the resources and expertise to work with any development team to customize a hardware or software solution that maximizes speed to market and return on investment. With carrier-approved external and embedded offerings, Multi-Tech makes it easy and fast to connect your device to networks anywhere in the world. Multi-Tech hardware enables cellular, analog, Wi-Fi®, Bluetooth® and GPS capabilities for customer solutions in virtually every vertical market, including healthcare, energy, financial and transportation. Follow us on Twitter: http://www.twitter.com/MultiTechSys.





















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Comstock Mortgage Launches New Refinancing Resource for California homeowners Considering the Home Affordable Refinance Program

Comstock Mortgage Launches New Refinancing Resource for California homeowners Considering the Home Affordable Refinance Program












Comstock Mortgage- California “Best of the Best”


Roseville, CA (PRWEB) April 14, 2012

Comstock Mortgage launches new website for California homeowners to get quick and experienced guidance in applying and qualifying for home refinancing.

Since the HARP mortgage program was first introduced in 2009, up until very recently, if you had asked a mortgage professional about the Home Affordable Refinance Program (HARP) they most likely would have said it was a good idea but it was too hard to qualify for.

The maximum Loan to Value (LTV) ratio was not set high enough in the initial guidelines to allow many underwater homeowners to refinance to a better loan product.

Now with the recent release of HARP 2.0, LTV ratios on existing loans are much higher, or in some cases completely removed, permitting the homeowner to at last lower their monthly mortgage payments by refinancing into a loan based on today’s historically low interest rates.

Comstock Mortgage, a Mortgage Banker and Lender in California has established a new web portal for HARP 2.0 Applicants to quickly find out if they are suitable for the program.

The Harp 2.0 program now has the potential to help a greater number of underwater borrowers refinance their upside down mortgages than it did before.

“We started to see an influx of inquiries from HARP applicants around the end of 2011,” said Russ Moen, of Comstock Mortgage. “It was obvious from the volume of emails and questions our agents were receiving about the new HARP 2.0 program guidelines that we needed to deploy a resource site for California residents to quickly discern if they were a candidate for the program.”

HARPapplication.com outlines the latest guidelines, provides the Fannie Mae and Freddie Mac loan look up tools and offers a simple secure Form for HARP Applicants to complete and receive experienced guidance in the best way to move forward.

“We’re now able to help our clients refinance out of these higher rate loans, in some cases, saving them hundreds of dollars a month. That can really be a life changing factor for many,” said Jeff Compton, Vice President of Comstock Mortgage.

In addition to the reduced interest rates and lower payments available through the new HARP program, homeowners are also given the opportunity to reduce their amortization period, e.g. if the homeowner is capable of continued payments similar to their existing mortgage loan payment, they could possibly refinance through the HARP 2.0 program with a shorter loan term.

Homeowners who currently have more risky loan products such as an interest- only mortgage or a short-term ARM will also benefit by refinancing into a fixed-rate mortgage through the new HARP program.

Homeowners eligible for HARP 2.0 must be current on their existing mortgage, not have any late payments in the last six months and no more than one late payment in the last twelve months. They also will need to show that they are able to afford their new refinanced loan payment.

Their current mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae on or before May 31, 2009 and may not have been refinanced through HARP previously. In addition, their new mortgage must fall under current Fannie Mae and Freddie Mac Conforming Loan Limits which vary by area.

Comstock Mortgage has been providing home loan programs to California Residents for over twenty years, they have 8 office locations and a large team of experienced loan consultants so even if a HARP mortgage is not for you they may still be able to help with product alternatives.

Individual investor overlays and criteria may apply.

Homeowners that believe they may qualify under the new HARP 2.0 guidelines are encouraged to visit their HARP Application website at http://www.harpapplication.com or call them toll free on 877-470-HARP (4277).

Comstock Mortgage is a California Department of Real Estate (DRE) licensed broker with more than 20 years experience in all areas of home loan financing as both a Mortgage Banker and Mortgage Broker. California DRE #01390474 DOC #6073484 NMLS #165193

Toll Free: 877 470 4277

Source: SuperGlobe.com





















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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Strainsert Introduces Enhanced Website for their Standard and Custom Force Sensor Products

Strainsert Introduces Enhanced Website for their Standard and Custom Force Sensor Products












Conshohocken, PA (PRWEB) April 10, 2012

Strainsert, a premier manufacturer of standard and custom force sensors for research, testing, weighing and control applications in the Aerospace, Military, Marine and Automotive industries, has launched a new website with enhanced online product information, quote, repair and calibration request forms and an integrated online catalog with 2D and 3D CAD drawing insertion capabilities.

The product information on standard and custom force sensor products covers each product’s features and applications along with links into the online catalog for additional specifications, installation instructions, ordering information and the 2D and 3D CAD drawing insertion functionality. This makes it easy for users to find the correct force sensor and download the product CAD file to use directly in the design.

On each website page, there is a quick contact form for questions and a detailed RFQ form for quoting inquiries. Within the Services section, there are streamlined calibration and repair forms to request assistance. “With the immense range of technical information and functionality on the new website”, Tim Foley, the President of Strainsert, stated, “Our customers now have one location to research, evaluate, select and acquire the best Strainsert force sensor solution for their specific application.”

The new website also highlights Strainsert’s engineering, design and technical support services for their load cells, load pins, tension links, force sensing bolts/studs and force measurement systems and their standing as an AS9100C and ISO 9001:2008 certified company.

Strainsert’s engineers can assist customers with compliance for certain NASA, ANSI and SAE standards along with data reduction, non-destructive testing and analysis. The technical support team also offers customer assistance on product selection for tough environments/conditions, installation, orientation and re-calibration.

About Strainsert Company

Headquartered in Conshohocken, PA and established over five decades ago, Strainsert is an industry leading designer and manufacturer of force sensors products, including load cells, load pins, tension links, force sensing bolts/studs and force measurement systems. Strainsert is a pioneer in the force transducer industry, with numerous patented designs made possible by innovative internal gaging processes and an unsurpassed dedication to engineering, customer requirements and vast industry experience in the Aerospace, Military, Marine and Automotive industries. Strainsert is AS9100C / ISO 9001:2008 certified. For more information, please visit http://www.strainsert.com or call 610-825-3310









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Pawngo, The First Online Pawn Shop, Sees Increase In Customers Seeking Loans Against Luxury Items

Pawngo, The First Online Pawn Shop, Sees Increase In Customers Seeking Loans Against Luxury Items











Cenntenial, CO/ New York, NY (PRWEB) April 04, 2012

Pawngo, the world’s first online pawn shop, was recently featured on NBC’s Rock Center with Brian Williams, highlighting how the service has become a much needed outlet for all demographics of Americans facing financial troubles.

Since it launched last June, Pawngo has offered large scale loans on high-end collateral to Americans looking for cash when credit cards or bank loans are no longer an option. As the first online pawn shop, Pawngo in particular has become known for offering a discreet and confidential service to its customers so that they can complete the loan process from the privacy of their own home without embarrassment or discomfort.

Since opening, Pawngo has come across an array of treasures from rings to bottles of champagne to Olympic torches, all with their own story. Amy Mattera, who was featured on Rock Center as a Pawngo customer, pawned a pearl necklace and her diamond engagement ring for a loan of $ 13,800 to start a daycare center.

Individuals who have their money tied up in objects can now use gold, jewelry, watches, electronics and other valuables they already own as collateral to secure a short-term loan for much needed basics like mortgage payments, college tuition, medical bills, small business payroll and in some cases, daily expenses.

Pawngo has few similarities to traditional pawn shops; in contrast to the brick and mortar operations, the culture of Pawngo has fostered friendly and reliable customer service representatives, a secure and safe process of getting items evaluated, an experienced and knowledgeable GIA Certified Evaluations team, and an overall new outlook on the industry.

“The economy is taking an unfortunate toll on Americans in all financial brackets and many are looking for a solution to personal financial troubles when traditional forms of financial assistance are often no longer viable options,” said Todd Hills, Co-Founder and CEO of Pawngo. “Offering individuals the opportunity to take discreet, high- value loans against collateral they already own allows them the opportunity to keep their head above water during this credit crunch – a role we take very seriously. Giving our customer demographic a more comfortable and professional user experience is one of our top priorities and we are committed to setting the highest standard as we pioneer this new industry.”

In the fall of 2011, Pawngo expanded its services to offer the Pro-Athletes Program with Metrix Capital and the Small Business Lending Program – both which are able to offer collateral loans of up to $ 1 million dollars in 24 hours to qualified parties. The company to-date has funded over $ 5 million in 48 states and is venture-backed by Daylight Partners, Access Venture Partners and Lightbank, the $ 100 million fund started by the founders of Groupon.

For more information, please visit: http://www.pawngo.com.

About Pawngo

Pawngo is the first full-service online pawn shop in the US and provides small businesses and individuals up to $ 1 million in 24 hours without leaving the comfort of their homes. The secure, discreet online process eliminates the embarrassment and hassle of going to a brick-and-mortar pawn shop by allowing consumers to conduct the entire transaction from the privacy and convenience of their own home. The company to-date has funded more than $ 5 million in 48 states and is venture-backed by Daylight Partners, Access Venture Partners and Lightbank, the $ 100 million fund started by the founders of Groupon. The private company is headquartered in Centennial, Colorado. For more information, visit http://www.pawngo.com.





















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Northside Advisors Title Sponsors The ATC CEO Summit May 17-18 2012

Northside Advisors Title Sponsors The ATC CEO Summit May 17-18 2012











Experience. Dedication. Focus. Success

New York , NY and Austin, TX (PRWEB) April 06, 2012

Northside Advisors is proud to announce that it will be a Title Sponsor for the Austin Technology Council’s (ATC) second annual CEO Summit to be held from May 17 – 18, 2012 at the downtown Hilton Austin.

“We are extremely pleased to have Northside Advisors join us as a title sponsor for the 2012 event,” said ATC president, Julie Huls. “We believe that Northside has and will continue to make a significant commitment to its support of Austin’s technology community.”

After being absent from the Austin technology landscape for 10 years, ATC brought back the CEO Summit in 2011, drawing in 100 CEOs (or presidents) from Austin area technology companies. 2012 plans include separate tracks for CFOs and CTOs, and will welcome C-level executives from technology companies statewide.

“Last year’s turnout was indicative of the industry’s intent on making Austin a tier-one market for technology,” said Ms. Huls. “This year’s Summit, like last year, will be focused not just on discussing some of the industry’s challenges, but on what we can do, collectively, to remove those obstacles for faster, more efficient growth.”

The 2012 CEO Summit has expanded to two days with sessions added for CFOs and CTOs. ATC is also extending invitations beyond Central Texas C-level executives to welcome leaders from other cities in Texas, including Dallas, Houston and San Antonio.

Registration is currently open at http://www.austintechnologycouncil.org. Information including agenda, speakers, and sponsors will be announced on the ATC website as updates are available.

About Northside Advisors

Northside Advisors, with offices in New York and Austin, is a boutique investment bank that provides specialized financial advisory services, including merger and acquisition (M&A), capital raising and corporate development services, for emerging and middle-market companies in technology, software and digital media. The seasoned team of bankers works in close partnership with clients and has successfully completed over 50 transactions. For more information, visit http://www.northsideadvisors.com or @NorthsideAdv on Twitter.

About the Austin Technology Council

With more than 6,000 members and friends, 1,200 C-level executive members, and 230 member companies, the Austin Technology Council (ATC) has been focused on the growth and success of the Austin tech community since 1994. Members reap the benefits of premier professional development; insight and feedback from peers; the best in industry data to help grow businesses; and opportunities to give back to the Austin community through charitable initiatives. Current ATC board members are leaders at companies or organizations like Austin Technology Incubator, CacheIQ, Gazzang, Homeaway, IBM, PeopleAdmin, Samsung, Spinal Restoration, Spredfast and Vinson & Elkins. More on ATC can be found at: http://www.austintechnologycouncil.org or @ATCouncil on Twitter.





















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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Experts Gather to Share Insight at Inaugural Hedge Fund Cloud Summit Conference Hosted by Eze Castle Integration in New York City

Experts Gather to Share Insight at Inaugural Hedge Fund Cloud Summit Conference Hosted by Eze Castle Integration in New York City











Eze Castle Logo


Boston, MA (PRWEB) April 03, 2012

Eze Castle Integration, Inc., a leading provider of strategic IT solutions and private cloud services to hedge funds, today announced the inaugural Hedge Fund Cloud Summit, which is taking place on April 24, 2012 in New York City at the Sofitel Hotel. This premier half-day conference will cover four essential aspects of cloud computing – from making the business and financial case for cloud computing to hosting applications and protecting data in the cloud.

For the Hedge Fund Cloud Summit, Eze Castle is gathering executives from hedge funds, technology providers and industry associations including the Cloud Security Alliance, eSentire, Ledgex, Advent and others to dive deep into the dynamics of cloud computing at hedge funds. The conference agenda includes panel discussions on:

    Making the Business (and Financial) Case for the Cloud
    The Changing Role of the Hedge Fund CTO in the Cloud Era
    Hosting Your Applications in the Cloud: What You Need to Know
    Practicing Safe Security in the Cloud

“Cloud computing is a conversation point in nearly all discussions around hedge fund technology. Hosting an educational conference devoted to the cloud is a natural extension of our thought leadership and commitment to providing hedge funds and investment firms with the knowledge and tools they need to operate their businesses. At the Cloud Summit, attendees will hear directly from their peers and other industry experts about the considerations, opportunities and implications for utilizing the cloud,” said Vinod Paul, managing director of Eze Castle Integration.

Hedge fund managers may register for the conference at http://www.eci.com/lpg/cloudsummit-registration.html.

Eze Castle Integration is the IT partner of over 600 hedge funds worldwide, including more than 80 firms with $ 1 billion or more in assets under management. The Eze Private Cloud is the most widely used hedge fund cloud spanning two continents and supporting thousands of users.

Additional resources:

    Hedge Fund IT Blog – http://www.eci.com/blog/
    Hedge Fund Cloud Computing Knowledge Center – http://www.eci.com/knowledge-center/cloudcomputingknowledgecenter.html

About Eze Castle Integration

Eze Castle Integration is the leading provider of technology, consulting and IT services to the investment industry. The company’s products and services include Technology Consulting, Outsourced IT Support, Private Cloud Services, Project & Technology Management, Professional Services, Telecommunications, Business Continuity Planning and Disaster Recovery, Archiving, Storage, Colocation and Internet Service. Eze Castle Integration is headquartered in Boston and has offices in Chicago, Dallas, Geneva, Hong Kong, London, Los Angeles, Minneapolis, New York, San Francisco, Singapore and Stamford.

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Sawmills in China Industry: Rapid Urbanization is Driving Double-Digit Growth, says IBISWorld

Sawmills in China Industry: Rapid Urbanization is Driving Double-Digit Growth, says IBISWorld











IBISWorld Market Research


Los Angeles, CA (PRWEB) March 31, 2012

China’s urbanization rate increased from 45.7% in 2008 to an estimated 50.0% in 2011. The rapid development of the real estate market created huge demand for construction wood, wood for decoration, and wood furniture, which resulted in growing demand for products from the Sawmills industry. Fast growth in the transportation sector also boosted demand for special timbers and sleepers provided by sawmills. As a result, IBISWorld estimates that the Sawmill industry in China will generate $ 9.1 billion in 2012, reflecting 24.8% annualized growth over the past five years.

According to IBISWorld, the top four companies in this industry–Rizhao Huada Investment Development, Yantai Northwest Forestry, Shandong Hailan Import and Export Corporation, and Qingdao Westwood Lumber–account for only 8.5% of total industry revenue. As sawmill products are manufactured from logs of different forestry species into items with different specifications, one sawmill cannot satisfy the needs of all the markets. Therefore, sawmills tend to specialize focusing only on products of certain specifications.

Over the next five years, the Chinese government will continue to boost domestic investment in the [Sawmill industry and encourage Chinese enterprises to invest in countries with abundant forest resources. With favorable policies and low purchase costs, top enterprises are expected to account for a larger market share in the coming five years, says IBISWorld.

For more information, visit IBISWorld’s Sawmills in China industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld

Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

The Sawmills in China industry comprises establishments that saw raw logs lengthwise into lumber of standardized width and depth with sawing machines or manipulative devices. They also process lumbers chemically in preservatives and other soaks, and manufacture rough floorings.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.





















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Custom Backing Track, a Worldwide Exclusive Offer for Musicians

Custom Backing Track, a Worldwide Exclusive Offer for Musicians











Custom backing track screenshot

Lille, North (PRWEB) September 22, 2009

The custom backing track is for all music uses — the possibilities are infinite. For singers who wish to sing on the acoustic version of “Pain it black” while suppressing electric instruments, for musicians who long to play the solo of “Stairway to heaven” on an instrumental-without guitars- version or for singing teachers, masters that want to isolate the vocals of Ella Fitzgerald in her song “Summertime” in order to train pupil’s voice.

The custom backing track is a new feature and an innovative method that offers new possibilities to musicians. The principle is quite simple. By selecting a song, removing the unwanted tracks, the musician gets a drum-and-guitar free custom backing track.

Previously there was no such thing when it came to train. To play on legendary tunes. To rehearse and to record favourite bands while the track involving usual instruments has been removed. This karaoke-version’s feature allows to set the volume of each instrument to create a mp3 accompaniment

The assets of custom backing track are the universal MP3 format, the profesional quality, the possibility to test the program through free songs ready to be mixed, the limitlessness in mixing and over 2000 available songs.

A family business….

The Defossez brothers have always thought that their complementarity could lead to a common project. Jean-Baptiste, the elder, is a computer enthusiast and masters the web brilliantly. Barthélémy, the youngest brother, is particularly gifted in musical creation. They design the Karafun software in 1995, an innovative and promising software at the time. Armed with this experience, they create the RECISIO company and the Karaoke website in September, 2005, in Lille. Only 50 backing tracks where then available. Today, it’s more than 20,000. In less than 4 years, the website has found a major place on the Internet. Figures speak for themselves: more than a million connexions from all around the world each month! Prone to new experiences, always on the look-out for new services, Jean-Baptiste and Barthélémy have launched the “custom backing track” concept in January, 2009.

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Northern California Data Center Summit on April 12

Northern California Data Center Summit on April 12










Santa Clara, CA (PRWEB) March 25, 2012

Attendance is building for the inaugural Northern California Data Center Summit, an informational and networking event produced by CapRate Events, LLC, that is quickly becoming the West Coast Data Center conference of the year. As of today, more than 200 senior-level commercial real estate and data center technology infrastructure executives have registered to attend. More than 300, representing the most active and innovative firms from around the nation and global regions, are expected to attend April 12 at the Santa Clara Convention Center in Santa Clara, CA.

“We are witnessing the emergence of a new class of real estate – data center real estate – and The Northern California Data Center Summit is a great way to participate. With investors, operators, and property owners all at one event, it’s a very unique environment,” according to Everett Thompson, CEO of Wired Real Estate Group and a featured speaker at the event.

More than 40 industry experts will participate in discussions aimed at assessing the myriad of opportunities in the investment, development and financing of data center real estate and related technology infrastructure. Featured speakers include: Mark Thorsheim, Partner & Managing Director, DH Capital; Eric Shepcaro, CEO, Telx; Aaron Wangenheim, Executive Vice President, T5 Data Centers; Mitch Kralis, Vice President of Real Estate, Server Farm Realty; Anthony Wanger, President, IO; John Sheputis, CEO, Fortune Data Centers; Eric Jacobs, Executive Vice President & General Manager-Western Region, QTS; and Mark Adams, Chief Development Officer, Equinix.

Speakers who represent end-user firms will also offer thought leadership, including: John Rodgers, Director – Data Center Track, Kaiser Permanente.

The agenda will raise important questions in today’s climate, including: Will new development shift to cost-effective locations, including Oregon, Washington and Nevada? How is the concentration of internet firms in the region impacting data center demand and supply? How is data center real estate value (and capitalization rates) in western markets stacking up against other national markets? What are the unique types of debt capital available for data center investment and development? How will changing consumer and business data patterns impact the local and national data center markets?

“I attended CapRate Events New York City in November, The Greater New York Data Center Summit. Great speakers, great discussions and a wealth of information. The Santa Clara event looks likes it is shaping up to be even better. If I lived in California, I would attend,” said Ken DePalo of Advanced Business Communications.

Event sponsors include: Telx, NEF, Digital Realty Trust, DH Capital, LLC, Willdan Energy Solutions, Vigilent, IO, Jaymie Scotto & Associates and Wired Real Estate Group.

Attending firms include: CB RICHARD ELLIS, INC., COLLIERS INTERNATIONAL, CUSHMAN & WAKEFIELD, DPR, GENSLER, MOSS ADAMS, SENTINEL DATA CENTERS, SILICON VALLEY COLOCATION, XL CONSTRUCTION and more.

Learn more: Visit the event website at: http://www.cre-events.com/norcaldata.







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Crowdfunding website gets Senate approval

Crowdfunding website gets Senate approval











Conzortia.com – CrowdFunding for Serious Businesses & Investors


Cheyenne, Wyoming (PRWEB) March 23, 2012

Legislation to help startup companies raise capital via the Internet won easy passage in the Senate Thursday and since President Barack Obama supports the measure, it appears that Conzortia Business Funding, Inc.’s crowdfunding site, Conzortia.com, will be legal & operational in a matter days, upon House reconciliation and the President’s signature.

In referring to the economy and job growth, Sen. Pat Toomey, R-Pa., said this “might be the most pro-growth measure that this body will consider.”

The measure will allow small businesses to use advertisements to solicit investors, allow up to 2,000 shareholders that a company can have before it must register with the SEC, and allow smaller companies to publicly sell up to $ 50 million in shares, without filing some SEC paperwork. It encourages the practice of “crowdfunding,” in which the Internet is used to raise capital from a large number of smaller investors. The measure puts dollar limits on contributions from individual investors based upon their annual income.

Crowdfunding was previously banned for stock sales because it was not legal to openly advertise and offer securities to the public without SEC registration.

“It’s a great day for public posterity”, said Robert Dobyns, Founder & CEO of Conzortia Business Funding, Inc. “This represents a paradigm shift in the way that small businesses get funded AND lets the small investor have a real stake in companies that have exponential growth potential.”

Meanwhile, the website at Conzortia.com sits dormant with a “coming soon” note attached.

“We are currently accepting investor & business registrations pending final approval”, Dobyns stressed. “There are currently $ 1.2 million in offers awaiting launch at Conzortia and lots of information on what crowdfunding is all about.”

And as Capitol Hill completes its final tounches, Dobyns waits. And the Conzortia tech team waits. And America waits for the momentous day to arrive.





















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.