latest news releases from the newsroom
The Descartes Systems Group Inc.
Descartes Releases New Version of ISF "10+2" Solution as Penalty Deadline Nears
WATERLOO, Ontario, Oct. 28, 2009 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a federated global network logistics solutions provider, announced the release of its latest Importer Security Filing (ISF) "10+2" compliance solution that helps customers be ready for the January 26, 2010 mandate date.
Home Shopping Latino, Inc.
Home Shopping Latino Inc. Today Announces an Agreement With MadAmerican Exports
DOVER, Del., Oct. 28, 2009 (GLOBE NEWSWIRE) -- Home Shopping Latino Inc., www.vivatelecompras.com, a public Corporation (Pink Sheets:HSPG) ("the Company"), and a new Latino Shopping Network, the only network of its kind to service the exploding Latino market in the USA, the on air name ViVa Telecompras. VIVA will broadcast from uplink studios to a satellite headquartered in Miami Florida. Today announces an agreement with MadAmerican Exports, Inc. to import sapphires, rubies, emeralds, garnets, tourmaline and other precious gems from Madagascar, an Indian Ocean island nation off the coast of Africa, which is exceptionally rich in minerals and gemstones.
FuelCell Energy, Inc.
FuelCell Energy and POSCO Power Sign License Agreement to Localize Products for South Korean Market
DANBURY, Conn., Oct. 28, 2009 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency ultra-clean power plants using renewable and other fuels for commercial, industrial, government, and utility customers, today announced the signing of a Licensing Agreement allowing POSCO Power to manufacture fuel cell stack modules from cell and module components provided by FuelCell Energy. These fuel cell modules will be combined with balance-of-plant manufactured in South Korea to complete electricity-producing fuel cell power plants for sale in South Korea. The License Agreement includes an upfront license fee of $10 million which was paid at signing as well as an ongoing royalty, initially set at 4.1% of the revenues generated by sales of the fuel cell stack modules by POSCO Power. Additionally, POSCO Power closed on its previously announced purchase of $25 million in FuelCell Energy common stock at a purchase price of $3.59 per share, the price agreed to on June 9, 2009.
Vical Announces News Release and Conference Call Schedule for Third Quarter 2009 Financial Results
SAN DIEGO, Oct. 28, 2009 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq:VICL) today announced that the company will report financial results for the three months and nine months ended September 30, 2009, before the opening of trading on Wednesday, November 4, and conduct a conference call and webcast to discuss the financial results and provide a company update at noon Eastern Time on Wednesday, November 4. The call is open on a listen-only basis to any interested parties. The company will provide details on independent and partnered development programs in the conference call and webcast.