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UXC SIGNS BIG MONEY DEALS

Cris Nicolli, UXCUXC, the Australian company that owns reseller UXC Eclipse, says it has signed a series of contracts for deals exceeding about $73.1 million ($100M Australian). That announcement followed a June 29 trading update in which it said net profit after tax for the year ended June 30 will be the $20 million to $22 million revenue range (Australian) that analysts have postulated. That compares to $15.7 million in earnings for 2014 and $22.7 million for 2013. UXC had about $565 million in revenue for fiscal 2014 so the new deals are significant for a company of its size.

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PROJECT DELAYS HURT EDGEWATER EARNINGS

Shirley Singleton, Edgewater TechnologyEdgewater Technology, which owns Dynamics Fullscope, saw a sharp drop in earnings for the second quarter ended June 30 as customers postponed the start of projects. Edgewater reported net income of $494,000 for the most recently ended period, down 72.3 percent from $1.7 million The bottom line suffered with gross profit dropping to 34.1 percent from 37.3 percent a year ago while operating expenses rose to slightly more than $9 million, an increase of 17 percent from $7.7 million in last year's corresponding period.

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SAGE LIFE NOW SAGE LIVE

Doug LaBahn, SageMaybe someone at Sage read my comment that a maintenance contract for Sage Life would be called Life Support. Anyway, the product is now Sage Live and the company gave a brief view  at the Sage Summit conference now underway. Live has three editions, Essentials, Standard and Premium. Essentials financials for one country; single-country compliance; real-time scoreboard and reporting; "Mobility, Social, and Community" (according to the slide image I saw), a "Success Support Plan"; and two designated users.

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