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New York news
Company and tech news from the region.
Posted by : Dan Heilman

MF Digital introduces PicoJet

East Farmingdale-based MF Digital introduced its own proprietary inkjet printer based on HP 5650 technology. By combining the HP 3 pico-liter ink technology with MF Digitalās proven mechanisms, the PicoJet delivers photo-quality graphics and laser quality text to in-house producers of CDs and DVDs.

MF Digital's PicoJet inkjet printer offers fully automated, direct-to-disc printing and is compatible with MF Digital's PC-based Scribe PC, Scribe SA Standalone, Director Publisher and Director PRO Publisher.

As a 4800 dpi printer with 16.7 million color capacity, the PicoJet can provide edge-to-edge printing for standard 120mm CDs and DVDs, CD business cards and 80mm mini discs. The proprietary editing Surething Software is included with the PicoJet, and can be used with most design packages, including CorelDRAW and Adobe Photoshop.

The PicoJet replaces the OptiEC PRO in MF Digital's line of thermal and inkjet printers.

Eureka buys InfoHighway

Melville-based InfoHighway Communications has been acquired by Eureka Networks.

Both companies are competitive local exchange carriers, which compete against the Baby Bells in the small-to-medium business market. The companies are privately held and terms of the deal were not disclosed.

The combined company will be based in Manhattan and will have revenue of more than $100 million with about 15,000 customers from Boston to Washington.

InfoHighway has about 155 employees, while Eureka has about 75. Eureka said it didn't expect a major reduction in headcount because both companies are profitable.

Telephonics lands contracts in China

Farmingdale-based Telephonics Corp., a subsidiary of Griffon Corp., was awarded two contracts worth a combined $3.25 million to provide air-traffic control automation systems in two Chinese cities.

Telephonics will supply air traffic management systems for both international and domestic air traffic. The company has already supplied China with other air traffic management products and services. It also supplies fixed and mobile surveillance radar used in several sites throughout China.

Netsmart to buy Addiction Management

Great River-based Netsmart Technologies Inc. agreed to acquire Addiction Management Systems, a software supplier to health-care providers, for about $3.5 million, the company announced in a Securities and Exchange Commission filing. Netsmart will acquire the firm through its Creative Socio-Medics Corp. subsidiary for $2,478,865 and the assumption of $948,833 in debt.

Long Island City-based Addiction Management Systems provides software for drug abuse programs in 220 clinics nationwide.

Viewpoint upgrades signature product

New York-based Viewpoint Corp., a provider of innovative visual technologies for the Web and the desktop, began distributing its Viewpoint Toolbar Version 3.0 with Viewpoint Photos.

New product features include photo viewing from within Internet Explorer, whether online or offline; importing from within PC folders and subfolders; downloading from digital cameras; virtual albuming for organizing and sharing pictures and placing pictures across multiple albums without increasing hard disk use; selective uploading for sharing and printing online; and more flexible printing and sharing options.

EDO wins Marine contract

New York-based EDO Corp. has again won a contested Marine Corps contract worth as much as $240 million for battlefield-communications equipment.

The contract calls for the purchase of as many as 476 transition switch modules, which allocate bandwidth for digital voice, data and video communications.

Work on the project is expected to be completed by May 2010.

Globecomm gains satellite deal

Hauppage-based Globecomm Systems Inc. has been awarded an infrastructure contract valued at $3.2 million from a provider of direct-to-home video services in India. The provider of end-to-end satellite-based communications will design and build a new direct-to-home uplink facility.

The facility will be outfitted with antennas, equipment shelters, high power amplifiers and switching and related subsystems.

Got a local news story? Let us know about it. Send your local news to dan@computeruser.com.

 
 
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