latest news releases from the newsroom
Index Oil and Gas Inc.
Index Oil and Gas Inc. Increases Its Position in the Taffy Drilling Program
HOUSTON, Dec. 5, 2006 (PRIME NEWSWIRE) -- Index Oil and Gas, Inc. ("Index," "the Company") (OTCBB:IXOG), today announced plans for a three-well, back-to-back exploration drilling program in Matagorda County, Texas. The three wells target relatively low risk, shallow Miocene gas reservoirs between 5,000 and 7,000 feet total drilling depth. The first of the three wells should spud in fourth calendar quarter of 2006.
VuBotics and Oak Ridge National Laboratory Enter Into Agreement to Commercialize VIPAR for VuIT Mine
OAK RIDGE, Tenn. and ATLANTA, Dec. 5, 2006 (PRIME NEWSWIRE) -- VuBotics has entered into an exclusive licensing agreement with the Oak Ridge National Laboratory to commercialize its Virtual Information Process Agent for Research (VIPAR) for VuIT(tm) Mine. VIPAR utilizes hundreds of individually deployed intelligent software agents to autonomously gather and organize massive amounts of information. VIPAR then distills that information into relevant clusters for analysis. This system enables its users to process and distill information up to 10 times faster and more thoroughly than could have been accomplished unassisted.
Metso to Strengthen Its Competence in Materials Technology
HELSINKI, Finland, Dec. 5, 2006 (PRIME NEWSWIRE) -- Metso has decided to transfer the business operations of the Finland-based Metso Powdermet Oy, currently a part of Metso Ventures, to its rock and minerals processing business area Metso Minerals. The operation will form a new Metso Materials Technology business unit within Metso Minerals' Business Development function, reporting to Ms Tuula Puhakka, SVP, Business Development.
Abrams Hospitality Marketing
SkyLink Group of Companies Founders Honored by B'nai Brith Canada for Epic Philanthropic Efforts
WASHINGTON, Dec. 5, 2006 (PRIME NEWSWIRE) -- B'nai Brith of Canada presented the 2006 Award of Merit to Surjit Babra and Walter Arbib, founders of the SkyLink Group of Companies. The company's divisions, SkyLink Aviation and SkyLink Travel, with global headquarters in Toronto, Canada, and SkyLinkUS, (www.SkyLinkus.com) headquartered in New York City providing air ticketing services only for travel professionals on major air carriers worldwide, have grown under the same caring, philanthropic efforts of its Chairman, Babra, a Sikh born in Punjab and its President, Arbib, a Tunisian-born Jew. These sensitive leaders built the SkyLink Group and an internal support system which responds to the special needs of peoples globally and has provided tangible support to help victims in dire circumstances on five continents.
AutoZone 1st Quarter Sales up 4.1 Percent; EPS up 16.4 Percent
MEMPHIS, Tenn., Dec. 5, 2006 (PRIME NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $1.393 billion for its first fiscal quarter (12 weeks) ended November 18, 2006, up 4.1% from fiscal first quarter 2006. Same store sales, or sales for stores open at least one year, were up 0.3% for the quarter.
Armor Electric Inc.
Armor Announces Private Placement Agreement With Corporate Investors
SOLANA BEACH, Calif., Dec. 5, 2006 (PRIME NEWSWIRE) -- Armor (OTCBB:ARME) is pleased to announce that formal Subscription Agreements have been approved with two large institutional investors. The Private Placement Agreements have been arranged for a total of $250,000.00. Armor will issue shares and warrants for these Private Placements. The funds are targeted to be used as operating and engineering capital to further progress in several new projects.
Toll Brothers, Inc.
Toll Brothers Reports 4th Qtr and FYE 2006 Earnings Results
HORSHAM, Pa., Dec. 5, 2006 (PRIME NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported results for net income, revenues, backlog and contracts for its fourth quarter and fiscal year ended October 31, 2006.