latest news releases from the newsroom
Aspire International, Inc.
Perfisans Announces Plans to Enter the Cellular Phone Market
TORONTO, Sept. 19, 2007 (PRIME NEWSWIRE) -- Perfisans Holdings Limited (OTCBB:PFNH), a wholly owned subsidiary of Perfisans Network Corporation ("Perfisans"), a next-generation semiconductor design house focused on the high-speed wireless communication and consumer semiconductor markets, announced plans today to release a cellular phone solution to the consumer electronics market in China.
StockGuru.com Announces Profile Coverage of Southridge
DALLAS, Sept. 19, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site is initiating Profile Coverage of Southridge Enterprises Inc. (OTCBB:SORD). Southridge Enterprises is a development stage renewable energy company. Through its subsidiary, Southridge Ethanol, Inc. is engaged in the production and sale of ethanol. The Company's strategy is to develop a bio-refinery and become the low cost ethanol producer of choice in the Southeast area of the United States. Southridges' production plant is strategically located at Sledge, Mississippi, which offers an abundant supply of corn and a superior transport infrastructure. The Company intends to employ the latest cellulosic ethanol manufacturing technology to produce ethanol, thereby increasing the energy efficiency of its fuel-grade ethanol. SORD intends to accelerate its start-up plans by re-structuring and renovating an existing industrial unit into a state-of-art ethanol producing unit, saving considerable time and capital. The Company currently is targeting the necessary financing to start production at its proposed 10 MMGY production facility. Thereafter, Southridge intends to scale-up its operations and increase its production capacity to 60 MMGY by 2010, and 100 MMGY between 2012 and 2013. Southridge Enterprises is currently the only ethanol producer in the state of Mississippi.
HCC Insurance Holdings, Inc.
HCC Insurance Holdings, Inc. Announces $300 Million Senior Notes Offering
HOUSTON, Sept. 19, 2007 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) today announced that it intends to commence an offering of $300 million in aggregate principal amount of senior notes due 2017. The notes will be unsecured and unsubordinated obligations of HCC. The notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and outside the United States pursuant to Regulation S under the Securities Act.