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VeriFone Systems, Inc. (NYSE: PAY), the global leader in secure electronic payment solutions, announced financial results for the three months (”Q4 FY11″) and fiscal year ended October 31, 2011.

Non-GAAP net revenues for Q4 FY11 were $416 million, compared to $317 million in the previous quarter and $276 million for the comparable period of 2010 (”Q4 FY10″), a 51% year-over-year increase. Q4 FY11 marked the sixth straight quarter that the growth rate exceeded 20% year-over-year, excluding the contribution from the Hypercom business acquired in August.

Non-GAAP net revenues for the full year ended October 31, 2011, were $1,310 million, a 31% increase over the $1,002 million result for the full year ended October 31, 2010. GAAP net revenues were $411 million for Q4 FY11, $317 million for the prior quarter and $276 million for Q4 FY10. For FY11, GAAP net revenues totaled $1,304 million, a 30% increase over the $1,002 million total for FY10.

Non-GAAP gross margins were 40% for Q4 FY11, compared to 43% in the prior quarter and 40% in Q4 FY10. Non-GAAP gross margins were 42% for the full year ended October 31, 2011, and 39% for the full year ended October 31, 2010. GAAP gross margins were 31% for the latest quarter, 42% for the prior quarter and 38% for Q4 FY10. GAAP gross margins were 38% for FY11, compared to 37% for FY10.

Non-GAAP net income per diluted share for Q4 FY11 was $0.53, compared to $0.49 in the prior quarter and $0.40 for Q4 FY10, a 33% year-over-year increase. Non-GAAP net income per diluted share for the full year ended October 31, 2011, was $1.92, a 45% increase over the $1.32 figure for the full year ended October 31, 2010. GAAP net income per diluted share for the latest quarter was $1.84, compared to $0.28 in the prior quarter and $0.55 in Q4 FY10. GAAP net income per diluted share was $2.92 for FY11 and $1.13 for FY10.

“We finished 2011 with another year of record revenues and record profit, and are now midway through our multi-year transformation to the world’s leading services-driven payment technology provider,” said Douglas G. Bergeron, Chief Executive Officer. “Looking to 2012, we are very encouraged by the opportunities at hand throughout our growing, global marketplace.”

VeriFone Systems, Inc. is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.

More about PAY at www.verifone.com

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Fair Isaac Corp. (NYSE:FICO), the leading provider of analytics and decision management technology, announced the appointments of Brad Thilges , Adem Yilmaz and George Shand to leadership roles in the company’s Scores business unit. All three will focus on driving Scores success for business clients, and report to Scores and Analytics Vice President Greg Pelling .

Fair Isaac Corporation, together with its subsidiaries, provides analytic, software, and data management products and services to automate, improve, and connect decisions for businesses worldwide.

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Agilent Technologies Inc. (NYSE:A) announced that Gooi Soon Chai has been appointed senior vice president, order fulfillment and supply chain, effective immediately. In this position, Gooi now leads a new, centralized organization created to help Agilent leverage its strength in manufacturing, procurement and logistics across the company’s three business groups: life sciences, chemical analysis and electronic measurement.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions to the communications, electronics, life sciences, and chemical analysis industries in the United States and internationally.

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Crown Equity Holdings Inc., (CRWE)

Voice over Internet Protocol phone systems offer a collection of benefits for small businesses. The major benefit is that the communication features of VoIP phone systems can be utilized without making capital investments. They can also maintain uninterrupted communication with the customers and associates from other locations.

Crown Equity Holdings Inc. (CRWE) recently announced that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: “We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.”

Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness. Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.

For more information, visit http://www.crownequityholdings.com

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Safe Bulkers, Inc. (NYSE:SB) announced that it has entered into a shipbuilding contract for the construction of one Japanese-built, drybulk Panamax-class vessel at an attractive price, with an expected delivery date in the first half of 2014.

Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. The company transports various bulk cargoes, primarily coal, grain, and iron ore. As of October 7, 2011, it had a fleet consisted of 17 drybulk vessels.

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