latest news releases from the newsroom
Atlantis Internet Group Corp.
Atlantis Internet Group's Technology and Executives Link Online Gambling to Traditional U.S. Casinos
HENDERSON, Nev., May 6, 2004 (PRIMEZONE) -- "It happened with music; it's happening with movies; could gambling be next? Although major legal hurdles loom, some feel it is inevitable that online gambling will become legal and regulated in the United States and become an increasingly larger part of the business of gambling," said Donald Bailey, chairman of Atlantis Internet Group (Pink Sheets:ATIG). "Our company is already deriving revenue from licensing its software to U.S. casinos for `play-for-fun' gambling web sites."
Report from the annual general meeting of Teleca AB (publ) held on 6 May 2004
MALMO, Sweden, May 6, 2004 (PRIMEZONE) -- Teleca's annual general meeting on 6 May 2004 adopted the parent company's and the group's accounts. It further discharged the board of directors and the CEO from liability. The CEO, Dan Olofsson, commented on the group's operations and the interim report, which was distributed earlier during the day.
NEON Communications Group, Inc.
Globix Corporation Reports Second Fiscal Quarter 2004 Results
NEW YORK, May 6, 2004 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX) today reported financial results for its Q2 of fiscal year 2004, which ended March 31, 2004, citing continued progress in its operations. During the quarter, Globix made significant strides to further reduce its operating costs and debt load. It completed the sale of its property at 415 Greenwich Street in New York City in January for net cash proceeds of approximately $48.7 million. In March, Globix completed its tender offer for its 11 percent Senior Notes holders and repurchased $40.3 million of principal amount at par value plus accrued interest of $3.7 million.
Everglades Outlaws: Criminals or Victims?
NAPLES, Fla., May 6, 2004 (PRIMEZONE) -- In a perfect world, there are no outlaws. In a perfect world, Robert V. Griffin's provocative new book, Everglades Outlaws, would not exist. Drawing heavily on his own experiences as an outlaw, he tells a fictional story portraying four generations of lawbreakers and their brush with the law.
First Equity Group
StockMarketNewsAlert.com Announces Investment Opinion for May 6, 2004
FORT LAUDERDALE, Fla., May 6, 2004 (PRIMEZONE) -- There was an impressive 4.3% gain in March factory orders, boosted by an upward revision to durable goods orders to 5.0% (previously reported at 3.4%), but the news failed to create much response. The Fed's future moves are likely to be heavily influenced by this Friday's employment report. It is expected to show that the US economy created another 173,000 jobs in April after a surprisingly strong showing of 308,000 jobs created in March. More information about this is available at: (http://www.stockmarketnewsalert.com).
Northrop Grumman Corp.
Northrop Grumman-Built High-Energy Laser Destroys Large-Caliber Rocket in History-Making Test
REDONDO BEACH, Calif., May 6, 2004 (PRIMEZONE) -- As the scope of battlefield threats continues to expand, so does the versatility of a high-energy laser system to defeat them. The U.S. Army's Mobile Tactical High Energy Laser (MTHEL) testbed destroyed a rocket on May 4 that's larger, faster and that flies higher than previous threats destroyed by the laser weapon demonstrator. Northrop Grumman Corporation (NYSE:NOC) built the demonstrator for the Army and the Israel Ministry of Defence (IMoD).
Flint Telecom Group, Inc.
Semotus Solutions Discusses Recent Stock Volatility
LOS GATOS, Calif., May 6, 2004 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), an innovative provider of software for mobile enterprise applications, today announced that the Company is unaware of any unusual operational reason for the trading volatility of its common stock during the past few days. However, a registration statement on Form S-3, registering for resale a total of 3,648,688 shares was declared effective on Thursday, April 29, 2004.