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SREV, WLDN, PNS, - CRWESelect.com Stock Report! ServiceSource International Inc., Willdan Group, Pinnacle Data Systems (Video Included Inside)

November 10, 2011 Investment news in Las Vegas,Nevada, United States of America

Pinnacle Data Systems, Inc. has entered into a definitive agreement to be acquired by Avnet, Inc.




FOR IMMEDIATE RELEASE
Las Vegas, Nevada, United States of America (Free-Press-Release.com) November 10, 2011 -- To view video, and read the full article visit URL http://crweselect.com/27296/stock-alerts/srev-wldn-pns-crweselectcom-stock-report-servicesource-international-inc-willdan-group-pinnacle-data-systems-video-included-inside/

ServiceSource International Inc. (NASDAQ:SREV)

SREV announced today financial results for the third quarter ended September 30, 2011. SREV reported revenue of $50.1 million in the third quarter of 2011, an increase of 31% compared to $38.3 million in the third quarter of 2010. Revenue in Asia Pacific and Japan more than doubled compared to the third quarter of 2010 while EMEA grew 26%, demonstrating the Company's strong international presence and revenue mix.

SREV is the global leader in service revenue management, partnering with technology-based companies to optimize maintenance, support and subscription revenue streams, while also improving customer relationships and loyalty. SREV delivers these results via a cloud-based solution, combining its Service Revenue Performance Suite(TM) of applications with dedicated service sales teams, leveraging a proprietary Service Revenue Intelligence Platform(TM) of transaction data, benchmarks and best practices. SREV offers its service revenue management solution on a unique pay-for-performance business model that enables a success-driven, shared-risk partnership. The Company is headquartered in San Francisco, and manages service revenue performance for customers across the globe in more than 35 languages.

For more information about SREV please visit http://www.servicesource.com

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Willdan Group, Inc. (NASDAQ:WLDN)

WLDN reported financial results for its third quarter fiscal 2011, posting revenue of $28.6 million, a 38.1% increase compared to the same period the prior year and Net income of $2.2 million, up 175% year over year and 214.28% sequentially.

Founded over 45 years ago, WLDN is a provider of professional technical and consulting services to small and mid-sized public agencies, large public utilities and, to a lesser extent, private industry primarily located in California, New York and Arizona. WLDN provides a broad range of services to clients, including civil engineering and planning, energy efficiency and sustainability, economic and financial consulting, and homeland security and communications and technology.

For more information about WLDN please visit http://www.willdan.com

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Pinnacle Data Systems, Inc. (AMEX:PNS)

PNS announced today that it has entered into a definitive agreement to be acquired by Avnet, Inc. in an all cash merger for $2.40 per share, which equates to an equity value of approximately $22 million as of September 30, 2011. The acquisition has been approved by the Boards of Directors of both companies and is subject to the approval of PDSi's shareholders at a special meeting to be called by the Board of Directors of PNS, details of which will be forthcoming at a later date, as well as customary closing conditions. The transaction is expected to close in 60 to 90 days.

PNS is a global provider of Electronics Repair and Reverse Logistics Services, ODM/OEM Integrated Computing Services, and Embedded Computing Products and Design Services for the Diversified Computing, Telecom, Imaging, Defense/Aerospace, Medical, Semiconductor and Industrial Automation markets. PNS provides a variety of engineering and manufacturing services for global OEMs requiring custom product design, system integration, repair programs, warranty management, and/or specialized production capabilities. With facilities in the U.S., Europe and Asia, we ensure seamless support for solutions all around the world.

For more information about PNS please visit http://www.pinnacle.com/

To read the full article visit URL http://crweselect.com/27296/stock-alerts/srev-wldn-pns-crweselectcom-stock-report-servicesource-international-inc-willdan-group-pinnacle-data-systems-video-included-inside/

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free-press-release.com avnet     Pinnacle Data Systems     PNS     select     ServiceSource International     SREV     Willdan Group     wldn


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