latest news releases from the newsroom
Enigma Software Group, Inc.
Anti-Spyware Software Developer Enigma Software Group, Inc. Announces Subscriptions For Week Ending November 26, 2006
STAMFORD, Conn., Nov. 28, 2006 (PRIME NEWSWIRE) -- Enigma Software Group, Inc. (OTCBB:ENGM) (the "Company"), a technology and services company that creates and develops Internet Privacy Protection and Computer Security Software and Applications for Internet users, today announced a total of 1,609 new, renewal and third-party subscriptions for the week ending November 26th.
Systems & Software
Systems & Software, Inc. Announces New Chief Executive Officer
COLCHESTER, Vt., Nov. 28, 2006 (PRIME NEWSWIRE) -- Systems & Software, Inc. (www.systemsandsoftware.net) today announced the appointment of Jeff Kao as President and CEO. Burt Willey, President and CEO, assumes the responsibilities of Chairman of the Board of Directors. Mr. Willey will continue to play an active role with Systems & Software, its customers and the industry.
Arotech Announces Additional $2.0 Million in Battery Orders
ANN ARBOR, Mich., Nov. 28, 2006 (PRIME NEWSWIRE) -- Arotech Corporation (Nasdaq:ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, announced today that its battery and power systems division has received $2.0 million in additional primary and rechargeable battery orders from various countries.
Scivanta Medical Corporation
Medi-Hut Co., Inc. Announces the Settlement of Lawsuits Involving Syntest
SPRING LAKE, N.J., Nov. 28, 2006 (PRIME NEWSWIRE) -- Medi-Hut Co., Inc. (the "Company") announced today that the Company, Century Capital Associates LLC ("Century Capital"), David R. LaVance and Thomas S. Gifford entered into a settlement agreement and release with Syntho Pharmaceuticals Inc. and its principal owner, Muhammed Malik (collectively, the "Syntho Group") and Intermax Pharmaceuticals, Inc. ("Intermax"). Prior to this settlement, the Company, the Syntho Group and Intermax were involved in litigation relating to the Company's exclusive right to distribute the hormone replacement therapy drug, Syntest. Pursuant to the settlement agreement, the Company and the Syntho Group agreed to dismiss with prejudice the actions against each other which were pending in the United States District Court for the Eastern District of New York and in the Superior Court of New Jersey. In addition, the Syntho Group agreed to dismiss with prejudice the related actions against Century Capital, David R. LaVance and Thomas S. Gifford which were pending in the United States District Court for the Eastern District of New York and the Company and Intermax agreed to dismiss with prejudice the related actions against each other which were pending in the United States District Court for the Eastern District of New York and in the Superior Court of New Jersey.
Aveta Reports 2006 Third Quarter Results
NEW YORK, Nov. 28, 2006 (PRIME NEWSWIRE) -- Aveta Inc., a leader in Medicare Advantage and in addressing the healthcare needs of the chronically ill, reported today that revenues for the third quarter of 2006 totaled $501.8 million, an increase of 86.5% over pro forma revenues of $269.1 million for the third quarter of 2005. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 20.3% to $35.1 million in Q3 2006, compared to pro forma EBITDA of $29.2 million in Q3 2005. Adjusted third quarter earnings were $0.13 per share excluding stock option expense. Net income for the quarter was $5.8 million or $0.07 per share which includes $0.06 per share for stock option expense. Aveta's membership base of enrolled Medicare beneficiaries stood at 229,200 as of the end of the third quarter of 2006, up 54% from the corresponding pro forma figure for the third quarter of 2005.
QLogic Executives to Present at Lehman Brothers Global Technology Conference
ALISO VIEJO, Calif., Nov. 28, 2006 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced that H.K. Desai, chairman, CEO and president, and Tony Massetti, senior vice president and CFO, will present at the Lehman Brothers 2006 Global Technology Conference on Wednesday, Dec. 6 at 11 a.m. Pacific Time in San Francisco. The conference will be held at the Fairmont Hotel.