latest news releases from the newsroom
Neah Power Systems, Inc.
Neah Power Systems Receives $10 Million Funding Commitment From Optimus Energy Capital Partners LLC
BOTHELL, Wash., July 30, 2009 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc. ('Neah') (OTCBB:NPWZ) www.neahpower.com, the Company developing fuel cells for the military and portable electronic devices, announced today that it has reached agreement with Optimus Energy Capital Partners, LLC ('Optimus'), an investment fund, under which Optimus may purchase up to $10 million of Neah Power's Series B Preferred Stock between today's date and July 27, 2010 at Neah Power's sole discretion.
U.S. Energy Corp.
U.S. Energy Corp. Acquires Additional Geothermal Acreage With Standard Steam Trust, LLC
RIVERTON, Wyo., July 30, 2009 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) ("USE" or the "Company"), a natural resources exploration and development company with interests in molybdenum, oil and gas, geothermal, and real estate assets today announced that its affiliate Standard Steam Trust LLC ("SST") successfully acquired additional Geothermal prospective acreage at a BLM lease sale. SST was formed to acquire, explore, develop and market geothermal resources in the Western United States. USE owns a 25% interest is SST.
Ultimate Sports, Inc.
Ultimate Sports, Inc. Looks Forward to a Productive Snowmobile Season
LAFAYETTE, Ind., July 30, 2009 (GLOBE NEWSWIRE) -- Ultimate Sports, Inc. (Pink Sheets:USPS), a manufacturer and supplier to the recreational vehicle industry, announced today that through sales, marketing and a strategic alliance with Stud Boy, the firm is planning to make the 2009-2010 snowmobile season the most productive one yet.
Appalachian Bancshares, Inc.
Lingering Recession Continues to Adversely Affect Appalachian Bancshares
ELLIJAY, Ga., July 30, 2009 (GLOBE NEWSWIRE) -- Appalachian Bancshares, Inc. (Nasdaq:APAB), holding company for Appalachian Community Bank, Appalachian Community Bank, F.S.B., and Appalachian Real Estate Holdings, Inc. reported consolidated total assets of $1.2 billion, at June 30, 2009, compared to $1.1 billion at June 30, 2008, an increase of 12.31%. Total loans net of unearned income were $856.9 million at June 30, 2009, a decrease of $12.7 million, or (1.46%), when compared with $869.6 million at June 30, 2008. Deposits grew to $1.0 billion at June 30, 2009, an increase of $142.1 million, or 15.74%, when compared to $903.1 million at June 30, 2008.
Fox Chase Bancorp, Inc.
Fox Chase Bancorp Announces Earnings for the Three and Six Months Ended June 30, 2009
HATBORO, Pa., July 30, 2009 (GLOBE NEWSWIRE) -- Fox Chase Bancorp, Inc. (the "Company") (Nasdaq:FXCB), the holding company for Fox Chase Bank (the "Bank"), today announced net income of $298,000 and $899,000 for the three and six months ended June 30, 2009, respectively, compared to net income of $304,000 and $649,000 for the three and six months ended June 30, 2008, respectively.