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Nicole Zheng upped to president of Minim
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Minim prepares to make the leap to the Nasdaq
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Minim and Irdeto Expand Trusted Home Platform in Europe, Deliver AI-Driven WiFi Security .
MinimApril 22, 2021 GMT
OTT/IPTV solution provider Microimpuls will be the first to offer Trusted Home benefits to Russian operators and 10 million households now served
MANCHESTER, NH, April 22, 2021 (GLOBE NEWSWIRE) via NewMediaWire Zoom Telephonics Inc., doing business as “ Minim ” (OTCQB: MINM), the creator of innovative connectivity products, and Irdeto, the recognized leader in digital platform and cybersecurity, today announce the expansion of the AI-driven Trusted Home platform with new data centers in Amsterdam and Moscow. The expansion will deliver faster AI-driven services and improved reliability for Trusted Home, developed by Minim and Irdeto. The Russia addition was catalyzed by Irdeto’s partnership with Microimpuls, an established software developer for Internet Proto
NH Business Review
After merger with Zoom Telephonics, record numbers reported
March 11, 2021
Minim, the Manchester-based developer of internet of things software and hardware, reported net revenues of $13.7 million in its first quarterly report as a publicly traded company.
The company, which sells its products under the Motorola brand, said that, for the year, it had $48 million in net revenue, a 28% increase from 2019, which was before the Minim’s December 2020 merger with Zoom Telephonics.
The gross profit was reported at $13.6 million.
The fourth-quarter revenue of $13.7 million was 14% higher than the previous quarter, Minim reported.
“We are extremely proud of our operational and financial accomplishments in 2020, which position our company well for continued growth in 2021,” said Gray Chynoweth, Minim’s CEO.
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Manchester, NH, March 09, 2021 (GLOBE NEWSWIRE) via
NewMediaWire Zoom Telephonics, Inc., doing business as
Minim (OTCQB:MINM) today reported fourth quarter and full year preliminary financial results for the period ended December 31, 2020. Q4 2020 highlights include:
Record net revenue of $13.7 million and record revenue growth of 30% year over year, and a 14% increase sequentially from Q3 2020.
Continued gross margin improvement at 33%, 25% higher year over year and 16% improvement sequentially from Q3 2020.
Successful launch of high-value, software-enabled Motorola®-branded modem to Amazon and Target.
Closed merger between Zoom Telephonics, Inc. and Minim Inc. combined company offers intelligent software and powerful software-enabled hardware focused on a rapidly growing market, led by a proven team.
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