Tue, November 22, 2011
Mon, November 21, 2011
[ Mon, Nov 21st 2011 ] - Market Wire
30 a.m. ET
[ Mon, Nov 21st 2011 ] - Market Wire
WD Reports Arbitration Decision
Sun, November 20, 2011
Sat, November 19, 2011
Fri, November 18, 2011
Thu, November 17, 2011
[ Thu, Nov 17th 2011 ] - Market Wire
Mortgage Rates Inch Lower
Wed, November 16, 2011
[ Wed, Nov 16th 2011 ] - Market Wire
Contract Manufacturing
Tue, November 15, 2011

Zoom(R) Telephonics Raises $411,232 in Rights Offering


//science-technology.news-articles.net/content/2 .. lephonics-raises-411-232-in-rights-offering.html
Published in Science and Technology on Thursday, November 17th 2011 at 8:27 GMT by Market Wire   Print publication without navigation


November 17, 2011 11:22 ET

Zoom® Telephonics Raises $411,232 in Rights Offering

BOSTON, MA--(Marketwire - Nov 17, 2011) - Zoom Telephonics, Inc. (OTCBB: [ ZMTP ]) ("Zoom") announced today that it has completed its rights offering, raising $411,232 before expenses of approximately $35 thousand. Zoom sold 1,523,082 shares at $0.27 each to approximately 60 participating shareholders.

"We are pleased that we did the rights offering," said Frank Manning, Zoom's President and CEO. "It was a significant effort, but it was a good way to raise capital for Zoom. We were able to preserve Zoom's tax loss carry-forward while accepting all shareholder purchase requests. We appreciate our shareholders' investments and will continue to work hard to make Zoom successful."

About Zoom Telephonics

Founded in 1977 in Boston, Zoom Telephonics, Inc. designs, produces, markets, and supports modems and other communication products under the Zoom, Hayes®, and Global Village® brands. For more information about Zoom and its products, please see
[ www.zoomtel.com ]



Publication Contributing Sources