latest news releases from the newsroom
The Cooper Companies, Inc.
Cooper Companies to Present at SG Cowen's 24th Annual Health Care Conference
LAKE FOREST, Calif., March 3, 2004 (PRIMEZONE) -- The Cooper Companies, Inc. (NYSE:COO) today announced that A. Thomas Bender, Chairman, Chief Executive Officer and President, will be presenting at the SG Cowen Health Care Conference on Wednesday, March 10th at 10:15am and 11:15am (EST). The conference will be held at The Boston Marriott Copley Place Hotel, Boston, MA. A link to SG Cowen's live webcast and recording of Cooper's presentation will available on the Company's website at www.coopercos.com.
Overseas Shipholding Group, Inc.
Phoenix Joins Aframax International Pool
NEW YORK, March 3, 2004 (PRIMEZONE) -- PDV Marina, S.A. (PDVM), the marine transportation subsidiary of Petroleos de Venezuela, S.A. (PDVSA), the Venezuelan state oil company, and Overseas Shipholding Group, Inc. (NYSE:OSG) jointly announced today that Phoenix Energy Navigation SA (Phoenix) has joined the Aframax International Pool. Phoenix has contributed two double-hulled Aframax tankers to the pool (the Phoenix Alpha and the Phoenix Beta both built in 2003), expanding the number of vessels in the Pool to 34, including committed newbuildings.
Whale Wins 2004 MSD2D People's Security Choice Award
FORT LEE, N.J., March 3, 2004 (PRIMEZONE) -- Whale Communications, the leading Application Aware(tm) SSL VPN vendor, today announced that it has won the coveted 2004 MSD2D People's Security Choice award for its e-Gap(r) Remote Access Appliance. This recognition by many of MSD2D's 100,000 subscribers distinguishes Whale as a leading provider of secure remote access solutions for enterprises using Microsoft Exchange, SharePoint and .Net .
Force Protection files 10K Annual Report
CHARLESTON, S.C., March 3, 2004 (PRIMEZONE) -- Force Protection, Inc. (OTCBB:FRCP) announced that its wholly owned subsidiary TSG earned its first ever operating profit in 2003. Sales increased to $6.2 million, an increase of 139% over the previous year. Operating earnings at TSG rose to $378 thousand. The report indicates that Force Protection completed the disposal of the money losing Sonic Jet boat business and wrote off all goodwill in 2003. After all write-offs and restructuring charges the Company reported a net loss of $5.3 million.
CAPCO Energy, Inc.
CAPCO Acquires a Land Position in Potential CBM Play
ORANGE, Calif., March 3, 2004 (PRIMEZONE) -- CAPCO Energy, Inc (OTCBB:CGYN) announced today that it has completed a well drilled to test the Coal Bed Methane potential in a 4,131 acre lease in North Texas. The test well encountered about 8 feet of coal at 1100 feet. The well will be completed, and the testing phase will commence for the next 60 days. Several gas pipelines pass through the acreage giving the ability to sell all produced gas from this region. If the well produces commercial quantities of gas after the "dewatering" phase, the Company plans to increase its land position for an extended phase of drilling. The lease also contains conventional gas reserves discovered by utilizing updated seismic interpretation and the drilling of two wells in 2003.
Southern States Power Company, Inc.
Southern States Power Co. Announces SunAmp Agreement with NativeSUN
RIVERSIDE, Calif., March 3, 2004 (PRIMEZONE) -- Southern States Power Company, Inc. (Pink Sheets:SSPC), today announced that its subsidiary, SunAmp Power Company, Inc., a leading regional solar energy provider, has reached an initial agreement to acquire 24% of NativeSUN, an established Native American solar energy company with offices in Arizona and Colorado.
Law Offices Bernard M. Gross, P.C.
Law Offices Bernard M. Gross, P.C. Files Class Action Suit Against El Paso Corporation -- EP
PHILADELPHIA, March 3, 2004 (PRIMEZONE) -- Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that a class action lawsuit, numbered 04cv 0853, was commenced in the United States District Court for the Southern District of Texas, against defendants El Paso Corporation ("El Paso" or the "Company") and William A. Wise on behalf of all persons who purchased/acquired El Paso common stock (NYSE:EP) pursuant to the $24 billion merger with Coastal Corp. ("Coastal") in a stock for stock transaction completed on January 29, 2001 ("Merger") (the "Class Period"), seeking remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). The case is presiding before the Honorable John Rainey.
American Ammunition Inc.
American Ammunition Receives Additional Export Orders
MIAMI, March 3, 2004 (PRIMEZONE) -- American Ammunition, Inc. (OTCBB:AAMI), AAMI, announced today that it received two (2) additional export orders from its Dominican Republic and Curacao distributors. Both distributors previously ordered and received product from AAMI in 2003. The new orders total an additional 300,000 rounds. Export orders continue to provide AAMI added revenues that complement its domestic sales program.
XsunX Announces Efficiency Breakthrough
ALISO VIEJO, Calif., March 3, 2004 (PRIMEZONE) -- XsunX (OTCBB:XSNX), the providers of breakthrough patented thin film technology to produce solar electric vision glass, announced today that recent research has provided the basis for some efficiency breakthroughs.