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May 04, 2010

NEI to Present at the Benchmark's 2010 One-on-One Investor Conference

By Jayashree Adkoli, TMCnet Contributor


NEI, a provider of server-based application platforms, appliances and lifecycle support services for software developers and OEMs, announced that it is presenting at the Benchmark Company, LLC's 2010 One-on-One Investor conference, to be held May 13, 2010 in Milwaukee.

According to a press release, Greg Shortell, president and CEO for NEI, and Doug Bryant, chief financial officer for NEI, will be participating at the conference.

New York-based Benchmark Company, LLC - or called as Benchmark in short - is an institutional brokerage firm that offers research, sales, trading and investment banking services to public companies as well as their investors. The company has 11 offices across the country.

The conference arranged by Benchmark will include a number of one-on-one meetings with the investors, said officials with NEI in the release.

Investors are allowed to select up to 10 companies for their one-on-one meetings.

Canton, Mass.-based NEI offers server-based application platforms, appliances and lifecycle support services for software developers and OEMs. The company's total lifecycle management services include solution design, integration control, support and other value-added service capabilities.

The company added 12 new design wins during the first half of fiscal 2010, compared to 26 design wins in the first half of fiscal 2009. The company's net revenues were $55 million, an increase of 25 percent compared sequentially to the $43.9 million in the first fiscal quarter and 47 percent compared to the $37.5 million for the second quarter of the prior fiscal year.


Jayashree Adkoli is a contributing editor for TMCnet. To read more of Jayashree's articles, please visit her columnist page.

Edited by Marisa Torrieri


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