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Three convicted in Microsoft software scam (USA Today) - Three people accused of scamming Microsoft by buying sharply discounted software intended for educational institutions and reselling it to non-academic customers were convicted on conspiracy and fraud charges, federal prosecutors said.

PSS World to sell insurance reimbursement software (bizjournals.com via Yahoo! Finance) - PSS World Medical Inc. has reached an agreement to market and sell the software of Claim-Remedi Services Inc. to its physician customer base.

Sanra Software Board Approves Allotment Of Securities (Nasdaq) - (RTTNews) - Sanra Software informed that the Board decided to issue GDR/ADR/FCCB and other instruments up to $27.50 million.

UTV Software to buy UK and Indian gaming cos (Reuters via Yahoo! Asia News) - MUMBAI, Dec 8 (Reuters) - UTV Software Communications Ltd. said on Friday it would buy a controlling stake in Mumbai-based mobile and online gaming company, Indiagames Ltd., for 680 million rupees.

3 convicted in Microsoft software scam (AP via Yahoo! News) - Three people accused of scamming Microsoft Corp. by buying sharply discounted software intended for educational institutions and reselling it to nonacademic customers were convicted on conspiracy and fraud charges, federal prosecutors said.

GUITAR RIG 2 Software Edition now available in stores (Harmony Central) - Native Instruments announces that GUITAR RIG 2 Software Edition is now available in stores worldwide. GUITAR RIG 2 Software Edition is a software-only version of Native Instruments' award-winning digital guitar studio.

Leading Analyst Firm Positions Kenexa in e-Recruitment Software Leaders Quadrant (Boursorama) - WAYNE, Pa., Dec. 7 /PRNewswire-FirstCall/ -- Kenexa(R) , a leading provider of talent acquisition and retention solutions, today announced it has been positioned in the "leaders" quadrant of Gartner, Inc.'s Magic Quadrant for E-Recruitment Software.(1) Kenexa has two products in the leaders' quadrant due to its recent acquisition of BrassRing.

American Software net income up (BizJournals) - American Software Inc.'s profit rose 122 percent in the second quarter of fiscal 2007.

TRX To Acquire Hi-Mark Software (Business Travel News) - DECEMBER 07, 2006 -- Travel technology firm TRX Inc. today announced plans to purchase data-consolidation competitor Hi-Mark Software for about $20 million. Officials expect the deal—TRX's second acquisition of a small travel technology specialist this year—to close next month.

Telestream Releases Episode Series v4.2 Media Encoding Software for Mac Users (Broadcast Newsroom) - Telestream, world leaders in media encoding and workflow solutions, today announced release of Episode Series version 4.2 software.