latest news releases from the newsroom
SARS Engages Mosaic Capital, LLC as a Financing Partner
SEATTLE, June 24, 2009 (GLOBE NEWSWIRE) -- SARS Corporation ("SARS" or the "Company") (Pink Sheets:SARO) announced that it has engaged the financial services of Mosaic Capital, LLC ("Mosaic") to formulate its financial strategy and assist the Company in a $12,000,000 to $17,000,000 raise of capital (the "Financing"), contemplated financing will consist of senior and mezzanine loan, as well as act on SARS' behalf as its financial advisor with respect to the Financing. The Financing is being sought in connection with the Company's execution of a Merger Agreement with Alternatech, Inc., Swank Enterprises, Inc. d/b/a Art and Print, Inc., Associated Mechanical, Inc. and R.J. Power, Plumbing & Heating Company (originally announced by SARS on June 3, 2009) as well as the acquisition of certain assets of T.A. Brinkoetter & Sons, Inc. (originally announced by SARS on June 10, 2009).
SPOT Announces Availability of Roadside Assistance with SPOT Satellite GPS Messenger
MILPITAS, Calif., June 24, 2009 (GLOBE NEWSWIRE) -- SPOT LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT) and a leader in personal satellite messaging and emergency communications, today announced that the SPOT Assist Roadside service is now available to SPOT Satellite GPS Messenger(tm) customers in the Continental United States and Canada. SPOT Assist Roadside is the world's only portable roadside service provider to operate solely on satellite communications, independent of cellular networks.
Universal Detection Technology
Universal Detection Technology Awarded NATO CAGE Code for Its Biological Weapon Detection Instruments
LOS ANGELES, June 24, 2009 (GLOBE NEWSWIRE) -- Universal Detection Technology (OTCBB:UNDT) (www.udetection.com), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, reported today that it has been awarded a North Atlantic Treaty Organization (NATO) CAGE Number for its biological weapon detection systems. The CAGE code allows for marketing of the instruments to NATO affiliated countries.
Descartes Systems Group
Etihad Crystal Cargo Selects Descartes Cargo 2000 to Standardize Processes and Boost Customer Service
WATERLOO, Ontario, June 24, 2009 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced that Abu Dhabi, United Arab Emirates-based Etihad Crystal Cargo has selected Descartes Cargo 2000 to help the airline comply with business process and automation standards established by the International Air Transport Association (IATA).
Automated Equity Finance Markets, Inc. and Data Explorers to Integrate Securities Lending Products and Services
NEW YORK and LONDON, June 24, 2009 (GLOBE NEWSWIRE) -- Automated Equity Finance Markets (AQS), a wholly owned subsidiary of Quadriserv, Inc., today announced a new agreement under which its AQS(tm) securities lending marketplace will integrate with unique securities lending data and analysis products from Data Explorers (www.dataexplorers.com). Customers from both organizations will benefit from productivity tools that enhance securities lending portfolio management, including new market data and analytical capabilities.