Saturday, October 25, 2008

Kotak To Raise $1 Billion Infrastructure Fund

REDDING, Calif., Feb. 1 /PRNewswire-FirstCall/ -- Bank of Commerce Holdings (Nasdaq: BOCH - News), a $618.3 million asset financial holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM), Sutter Bank of Commerce(TM) and Bank of Commerce Mortgage(TM) today announced income of $6.1 million for 2007.

"The strength of our core banking business continued to serve us very well through 2007. Top line revenues increased to $45.8 million in 2007 compared with $39.5 million in 2006, a 15.9% increase over the prior year. Removing a non-recurring income item of $2.3 million, top line revenues are still up 9.9% or $3.9 million over the prior year's performance. Overall, our performance remains above average and consistent with our goal of achieving upper quartile performance compared with our peers."

"Our loan and deposit growth trends were solid and our team continued to earn more of our customers business. read more

Dana Exits Chapter 11 Reorganization a Stronger Global Competitor

AUBURN HILLS, Mich., Feb. 7 /PRNewswire/ -- Plexus Systems, Inc., provider of Plexus Online on-demand software for the manufacturing enterprise, today announced new additions to its Sales organization aimed at growing its customer base.

"These additions to our Sales team will make a great team even stronger as we work to pursue new successes among manufacturers in the medical device, aerospace and defense industries, while maintaining our strong presence in automotive manufacturing," said Thomas Mackey, executive vice president for Plexus.

Plexus Online is an on-demand solution, building on the "software as a service" (SaaS) model pioneered by Salesforce.com and NetSuite. Plexus Online offers over 350 functional modules, providing companies instant access to vital information and management functions using a simple web browser. read more