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News

• CSG to appeal verdict in Fuji Xerox case

  ICT services company CSG Limited (ASX:CSV) has lost a NSW Supreme Court case against Fuji Xerox Australia over customers in Brisbane and Maroochydore, but will appeal the verdict

• MGM Wireless unveils cloud roll marking product

  IT-based school services provider MGM Wireless (ASX:MWR) has unveiled a new attendance monitoring service built in the cloud

• Oakton shares slump 15% on 1H guidance

  IT services company Oakton (ASX:OKN) has revealed it expects a year-on-year ebitda decline for the first half, due a poor showing at its Victorian operations

• Data#3 boosted by upbeat guidance

  IT solutions company Data#3 has flagged a 50-60% increase in 1H profit, sending its share price soaring 12%

• DWS forecasts flat to negative 1H earnings

  IT services provider DWS Advanced Business Solutions (ASX:DWS) is projecting flat to negative earnings for 1H11, but expects business to pick up in the second half

• Connxion reaffirms FY11 guidance

  Data and transaction services company Connxion Ventures (ASX:CXN) has maintained guidance of $38m in FY11 revenue, noting its earnings are often weighted to the second half

• itX endorses Avnet takeover bid ahead of vote

  IT software and hardware products distributor itX Group (ASX:ITX) recommends shareholders approve a $77.5m takeover offer from Avnet at the upcoming vote on Nov 29

• ASG has won $220m in deals this year

  IT services provider ASG Group (ASX:ASG) has won $20m worth of new business so far in calendar 2010, and expects its recent acquisitions to start paying off in FY11

• ASG acquires Progress Pacific

  ASG (ASX: ASZ) has expanded its enterprise credentials with the acquisition of SAP consulting and services provider Progress Pacific.

• Objective wins contract with MidCoast Water

  IT services provider Objective (ASX:OCL) has secured a deal to provide its document management software to county council MidCoast Water

• Connxion revenue up 502% in Q1

  Data and transaction services company Connxion Ventures (ASX:CXN) has boasted of a 502% increase in revenue to $6.8m in the first quarter

• CSG adds 5 South Australian government agencies to the books

  ASX-listed integrator, CSG (ASX: CSV), has made good on its expansion into South Australia, announcing managed services contracts with five government agencies.

• UXC wins multi-million dollar Gorgon deal

  Business solutions company UXC Limited (ASX:UXC) has through its voice and data unit Integ nabbed a major deal to provide entertainment services to the Gorgon LNG project

• Azurn International CEO quits

  IT solutions company Azurn International (ASX:AZU) has revealed that its CEO and MD, Andrew Bonwick, has resigned

• DWS expects to benefit from ongoing recovery

  IT services provider DWS Advanced Business Services (ASX:DWS) believes an improvement in its core markets will help it grow in FY11