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Pinnacle Digest: Raptor Networks Technology Inc: New Developments via COMTEX
Mar 19, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Raptor Networks Technology Inc (OTCBB: RPTN) had a positive day in the markets Friday, as shareholders witnessed their company's share value increase 15.54% following the exchange of 1,637,324 shares trading hands before the sound of the closing bell. The share price ranged $0.29 throughout the day, settling on $1.71 at day's end. In the article below, PinnacleDigest intends to further explore Raptor Networks Technology and the exchange in which it resides. To continue this read and find out why our client base continues to grow, come explore www.pinnacledigest.com.
In corporate news, representatives from Raptor Networks Technology Inc filed form S-8, registration statement of securities to be offered to employees pursuant to employee benefit plans.
For those not familiar with this company, Raptor Networks Technology Inc provides standards based unique switching technologies that can benefit networks that incorporate newer applications such as video, VOIP, storage networks andother bandwidth hungry network applications. Raptor is the first to develop and patent a scaleable network switch architecture that permits switches to be geographically dispersed but act as one device. PinnacleDigest is interested in this company's progress and will be watching for additional corporate developments in the months to come.
