logo
Share SHARE
FONT-SIZE Plus   Neg

Tranzeo Wireless Technologies Responds To Avnet Lawsuit

Tranzeo Wireless Technologies Inc. (TZT.V) said Friday that it is aware of the notice of claim filed by Avnet Inc. with respect to its assertion that Tranzeo owes monies regarding certain inventory transactions.

Tranzeo said it is investigating the claim and will respond accordingly after an examination of the facts.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Federal Aviation Administration said several pilots complained about pointing of strong green laser beams at planes flying over Long Island. The location was around Farmingdale, during 9.30 pm and 10 pm. Searches are on to locate the exact source of the laser beam. The Federal official suspects that the beam came from a hand-held device. Discount retailer Big Lots, Inc. Friday reported an increase in income from continuing operations for the first quarter, from last year. The company also registered a surge in net income particularly as it had carried a loss from discontinued operations last year. Taco Bell, a division of Yum! Brands Inc, is planning to test delivery of food items on college campuses, the Street reported. The move comes at a time the fast food chain seeks to leverage demand for its popular breakfast and dinner items.
comments powered by Disqus
Follow RTT