News Article | May 8, 2017
NEW YORK, May 08, 2017 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of PCM Inc. (NASDAQ:PCMI) who purchased shares between June 17, 2015 and May 2, 2017. The action, which was filed in the United States District Court for the Central District of California, alleges that the Company violated federal securities laws. In particular, the complaint alleges that (1) En Pointe Technologies, Inc.'s financial statements that PCM filed with the SEC materially overstated the profitability of the business; and (2) consequently, PCM's public statements were materially false and misleading at all relevant times. In April 2015, PCM acquired En Pointe Technologies, Inc. and publicly filed En Pointe's financial statements. On May 2, 2017, an article published on Seeking Alpha exposed that PCM has filed a lawsuit counterclaim alleging that En Pointe's net income was overstated and that "Had PCM known the truth about En Pointe's finances, it would not have entered into the purchase agreement" for En Pointe. Shareholders have until July 3, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member. If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/pcm-inc?wire=3. Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
News Article | May 9, 2017
NEW YORK, May 09, 2017 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against PCM Inc. (“PCM” or the “Company”) (NASDAQ:PCMI) and certain of its officers, on behalf of shareholders who purchased PCM securities between June 17, 2015 through May 2, 2017, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/pcmi. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements and failed to disclose that: (1) En Pointe’s financial statements that PCM filed with the SEC materially overstated the profitability of the business; and (2) consequently, PCM’s public statements were materially false and misleading at all relevant times. In April 2015, PCM acquired En Pointe Technologies, Inc. and publicly filed En Pointe’s supposed financial statements. On May 2, 2017, an article published on Seeking Alpha exposed that PCM has alleged that En Pointe’s net income was overstated due to several accounting shenanigans. Following this news, PCM stock dropped $2.05 per share or roughly 8% to close at $22.30 on May 2, 2017. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: http://www.bgandg.com/pcmi or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in PCM you have until July 3, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
News Article | September 25, 2017
EL SEGUNDO, Calif., Sept. 25, 2017 (GLOBE NEWSWIRE) -- PCM, Inc. (NASDAQ:PCMI), a leading technology solutions provider, today announced that its U.K.-based subsidiary, PCM Technology Solutions UK, Ltd. (PCM UK), has acquired Stack Technology Holdings, Ltd (The Stack Group). Founded in 1979, The Stack Group are highly regarded specialists in the selection, implementation and management of leading IT solutions, with offerings encompassing all aspects of cloud, security, virtualization, data services, unified communications, and infrastructure. With its headquarters in Liverpool along with two accredited cloud data centers, The Stack Group delivers leading edge technologies and services to clients throughout the U.K. PCM UK’s acquisition of The Stack Group will further enhance its expertise and vendor accreditations within the hybrid cloud, networking, security, data management, and digital workplace segments, enabling PCM UK to provide further consultancy, integration and supply of solutions from the world’s leading brands including, Cisco, Citrix, Dell/EMC, Fortinet Meru, NetApp, Nutanix, Sophos, Veeam, VMware, Ubiquiti Networks, Zerto and others. “The acquisition of The Stack Group is a key milestone for our new UK segment to further support our clients’ needs in the services and solutions market,” added Frank Khulusi, Chairman and CEO of PCM, Inc. “As a leading provider in North America, we continue to look for ways to accelerate market share gains and this acquisition will allow us to expand upon our offerings not only to new customers in the U.K. and European markets, but also to our global customers based in North America. We are pleased to welcome The Stack Group team to the rest of the PCM family and look forward to jointly providing world class services and solutions to our clients across the globe.” The Stack Group will also enable PCM UK to accelerate the growth of its managed services and multi-lingual global service desk within the European region with additional services including accredited UK-based datacenter facilities delivering a full range of data center and cloud solutions, remote management and monitoring, fully managed datacenter infrastructure, managed collaboration and unified communications, 24x7 shared support desk and outsourced help desk services, project management, service delivery management and other managed services. “Our continued investment into the UK organization allows us to extend our existing service offerings within North America to our European-based clients,” noted Donavan Hutchinson, Managing Director, UK & International for PCM UK. “This strategic investment is in line with our global strategy to provide high levels of customer satisfaction by delivering bespoke solutions to meet our clients’ needs. I am excited to work with the team at The Stack Group given our strong cultural fit and motivation to integrate our product portfolios and offerings to mutual and net new clients that will allow us to accelerate our business as a true global solutions and services provider.” Steve Cobham, Managing Director for The Stack Group commented, “We are delighted and excited to be joining the PCM family. The acquisition allows us to build on Stack’s renowned service heritage and enables us to expand and grow our offerings to not only existing clients but also to the PCM client base.” Stack had total revenues of approximately £2.9 million for fiscal year ended March 31, 2017. PCM currently expects this strategic acquisition will initially have an immaterial effect on its bottom line and will address any related questions at its next earnings conference call. About PCM PCM, Inc., through its wholly-owned subsidiaries, is a leading multi-vendor provider of technology solutions, including hardware, software and services to small, medium and enterprise businesses, state, local and federal governments and educational institutions across the United States, Canada and the United Kingdom. We generated net sales of $2.3 billion in the twelve months ended June 30, 2017. For more information, please visit investor.pcm.com or call (310) 354-5600. Forward-looking Statements This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include statements regarding our expectations, hopes or intentions regarding the future, including but not limited to, statements related to the impact of the acquisition on our business, operations and earnings, our ability to further enhance our expertise and vendor accreditations, our ability to provide further consultancy, integration and supply of solutions from the world’s leading brands, our expansion of offerings to new customers in the U.K. and European markets and global customers in North America, our ability to accelerate the growth of our managed services and multi-lingual global service desk within the European region and our ability to accelerate our business as a true global solutions and services provider. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause our actual results to differ materially include without limitation risks and uncertainties related to the following: risks associated with acquisitions and investments, including the challenges and costs of closing, integration, and achieving anticipated synergies expected from the acquisition; our ability to attract and retain key employees; our ability to receive expected returns on changes in our sales and services organizations or strategic investments, including without limit, investments in advanced technology solutions and services, our call centers and our international expansion; decreased sales related to any of our segments, including but not limited to, potential decreases in sales resulting from the loss of or a reduction in purchases from significant customers; increased competition, including, but not limited to, increased pricing pressures which affect our pricing strategy in any given period; our loss of personnel to competitors; the effect of our pricing strategy on our operating results; warranties and indemnities we may be required to provide to third parties through our commercial contracts; data security; and our lack of experience operating in the United Kingdom and Europe. Additional factors that could cause our actual results to differ are discussed under the heading "Risk Factors" in Item 1A, Part II of our Form 10-Q for the year ended June 30, 2017, on file with the Securities and Exchange Commission, and in our other reports filed from time to time with the SEC. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statements.
News Article | September 22, 2017
EL SEGUNDO, Calif., Sept. 22, 2017 (GLOBE NEWSWIRE) -- PCM, Inc. (PCMI), a leading technology solutions provider, today announced that Brandon LaVerne, its CFO, will be presenting at two upcoming conferences: A live webcast of the group presentations will be available at the PCM investor relations website at investor.pcm.com. This webcasts will be archived for 90 days following the live presentations. PCM, Inc., through its wholly-owned subsidiaries, is a leading technology solutions provider to small and medium sized businesses, mid-market and enterprise customers, government and educational institutions and individual consumers across the United States and Canada. We generated net sales of $2.3 billion in the twelve months ended June 30, 2017. For more information, please visit investor.pcm.com or call (310) 354-5600.
PCM Inc | Date: 2014-08-12
A torque anchor intended to block the rotation of a production string with respect to a casing of a well; the torque anchor comprising a body and anchor cassettes comprising a wheel having a circumference and a wheel spindle supporting said wheel, a contact point of the circumference of the wheel being intended to come into contact with the casing, an opposite point being arranged diametrically opposite the contact point. For each anchor cassette, the wheel is mounted on the end of the wheel spindle; a positioning angle comprised between 30 and 180 being defined between a first straight line passing through the centre of the casing and the contact point and a second straight line passing through the centre of the casing and the opposite point.
PCM Inc | Date: 2013-12-11
A golf glove magnetic attachment adaptor has a magnetic body and a male snap stud. The magnetic body includes a magnet and a magnet casing; the magnet casing having an end wall, a lateral wall, and an end cap. The magnet is positioned within the magnet casing and allows the golf glove magnetic attachment adaptor to be attached to any substantially ferrous metal object. The male snap stud is centrally connected to the magnet casing opposite the magnet and allows the golf glove magnetic attachment adaptor to be attached to a female snap socket of a golf glove. In turn, the golf glove can be attached to any desired metal object. The golf glove magnetic attachment adaptor also functions as a ball marker when detached from the golf glove by depressing the male snap stud into the ground in order to anchor the magnetic body in place.
PCM Inc | Date: 2010-07-19
A progressing cavity pump comprises a stator having an inlet end for coupling to a fluid-receiving casing, the pump including an anchor element suitable for fastening the inlet end of the stator on a stationary support, and said inlet end and said anchor element including locking means for locking them together in rotation.
PCM Inc | Date: 2014-08-28
A helical rotor intended to be arranged in a progressing cavity pump, said progressing cavity pump being capable of pumping a multiphase fluid from a fluid reserve, the helical rotor comprising at least one mixer capable of homogenizing the multiphase fluid located in said fluid reserve.
News Article | March 1, 2017
QUÉBEC CITY, QUÉBEC--(Marketwired - March 1, 2017) - Media representatives are invited to a press conference during which the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Canada Economic Development for Quebec Regions, will make an announcement regarding financial contributions to Porte Patio Novatech Inc., Menuiserox Inc., Mécanium, Coté Inox Inc., and Innovation PCM Inc. Representatives from the companies will be on site to present their projects. The conference will be broadcast live on Periscope: https://www.periscope.tv/CanEconDev
News Article | February 28, 2017
QUÉBEC CITY, QUÉBEC--(Marketwired - Feb. 28, 2017) - Media representatives are invited to a press conference during which the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Canada Economic Development for Quebec Regions, will make an announcement regarding financial contributions to Porte Patio Novatech Inc., Menuiserox Inc., Mécanium, Coté Inox Inc., and Innovation PCM Inc. Representatives from the companies will be on site to present their projects. The conference will be broadcast live on Periscope: https://www.periscope.tv/CanEconDev