latest news releases from the newsroom
Index Oil and Gas Inc.
Index Oil and Gas Inc.: Ilse 1 Starts Drilling
HOUSTON, Dec. 8, 2006 (PRIME NEWSWIRE) -- Index Oil and Gas, Inc. ("Index", "the Company") (OTCBB:IXOG), today announced that the Ilse 1 well in the New Taiton Project located in South Texas has spudded. (Ilse 1, a relatively large prospect for Index, was announced as signed on September 19 2006.)
SmallCap Sentinel: The Breakthrough Deal
IRVINE, Calif., Dec. 8, 2006 (PRIME NEWSWIRE) -- "In a market populated by bright-eyed companies with bold visions of market share and abundant success it is often difficult to discern those with staying power . . . and a real product line," stated SmallCap Sentinel analyst D.R. Clark. "It's even more difficult in technical fields as the average investor often lacks the acumen to personally validate the company's core product line."
Metso Draws EUR 100 Million EIB Loan
HELSINKI, Finland, Dec. 8, 2006 (PRIME NEWSWIRE) -- Metso Corporation has drawn a EUR 100 million loan from the European Investment Bank. The purpose of the loan, which was agreed in 2004, is to finance R&D activities carried out within Metso. The loan has a floating interest rate, its tenor is 10 years and amortizing will begin in 2010.
Budget Waste Inc.
Budget Waste Inc. Contract With Jayman MasterBUILT
CALGARY, Alberta, Dec. 8, 2006 (PRIME NEWSWIRE) -- Budget Waste Inc. (Pink Sheets:BDGW) signs contract with Jayman MasterBUILT -- A Corporate Partnership, to provide Waste Removal Services for the construction of approximately 100 new homes in Calgary and surrounding area. Michele Patrosh, BWI Operations Manager states, "Entering into a contract with Jayman MasterBUILT will solidify our long-term relationship and provide a framework for working together in the future." The yearly value of this contract is estimated at close to $250,000/year. With an attention to detail, custom finishing and an obsession with excellence, Jayman MasterBUILT is Alberta's premier home builder. BWI will work with Jayman to build trust, confidence and a lasting relationship.
Valmet Automotive's Production Volume to Decrease in Spring
HELSINKI, Finland, Dec. 8, 2006 (PRIME NEWSWIRE) -- Valmet Automotive's production volume is estimated gradually to decrease during spring to about 100 cars per day by April 2007. During first eleven months in 2006 the production volume has been approximately 150 cars per day. The reason for the decrease is the overall uncertain situation in the automobile market and its effects on the demand for the car factory's products. The decrease in volume will mean an additional reduced need for employees.
Paradigm Spine, LLC
Paradigm Spine Receives CE Mark for Dynamic Cervical Implant
NEW YORK, Dec. 8, 2006 (PRIME NEWSWIRE) -- Paradigm Spine, LLC, a developer of innovative posterior non-fusion spinal implant solutions, announced that it has received a European Union CE Mark for its Dynamic Cervical Implant (DCI). The CE Mark will allow Paradigm Spine to begin marketing the DCI in Europe and many countries around the world that recognize the certification.
Actelion Ltd. Announces Commencement of Cash Tender Offer for CoTherix, Inc. and HSR Clearance to Acquire CoTherix, Inc.
ALLSCHWIL, Switzerland, Dec. 8, 2006 (PRIME NEWSWIRE) -- Actelion Ltd. (SWX:ATLN) announced today that its indirect wholly owned subsidiary, Curl Acquisition Subsidiary, Inc., is commencing a cash tender offer for all of the issued and outstanding shares of CoTherix, Inc. (Nasdaq:CTRX) common stock and announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to its intended acquisition of CoTherix, Inc. that occurred on December 7, 2006.