Boston, MA 05/22/2013 (wallstreetpr) – The global supplier of advance network communications solutions, Performance Technologies Inc. (NASDAQ:PTIX) witnessed an increase in share prices by 9.52 percent to close at $1.15 per share for the trading day. The share prices of the company traded in the range of $1.05 to $1.45 per share during the last trading session.
Launch of solutions for investment advisors
Performance Technologies Inc. (NASDAQ:PTIX) had recently launched its new communications solution aimed at independent registered investment advisors. PortfolioCenter Hosted, launched by the company is aimed at providing more choice and flexibility to the investment advisors in portfolio management technology. The new solutions comes with the added benefit of outsourcing the technology infrastructure and management to the Schwab Performance Technologies and is otherwise similar to its flagship portfolio management software, PortfolioCenter.
The new solution launched by Performance Technologies Inc. (NASDAQ:PTIX) enables the investment advisors to access the online data at their ease and choice in a protected and secure environment. PortfolioCenter Hosted proves to be an effective solution to those investors who look out to access their data at any possible time, but want to shed the burden of technology infrastructure management.
Performance Technologies Inc. (NASDAQ:PTIX) is involved in the development of such advanced solutions related to network communications to be supplied to government, service providers and other equipment manufacturer markets. The average trading volume for Performance Technologies Inc. (NASDAQ:PTIX) is at 5,876 shares per day and the company has an institutional ownership of 46 percent of the holdings.
