latest news releases from the newsroom
BlueLinx Partners With Hitachi Power Tools
ATLANTA, Nov. 14, 2006 (PRIMEZONE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America and a Fortune 500 company, today announced a new distribution and product support partnership with Hitachi Power Tools that is intended to provide customers with consolidated building-product distribution and greater breadth of available products.
Kronos Advanced Technologies, Inc.
Kronos Begins Sale of Key Components to Russian Partner for Manufacturing of Air Purification Devices
BELMONT, Mass., Nov. 14, 2006 (PRIMEZONE) -- Kronos Advanced Technologies, Inc. (OTCBB:KNOS), announced today that its wholly owned operating subsidiary, Kronos Air Technologies, Inc., has begun the sale of electronic components and power supplies to EOL, LLC, its strategic partner in Russia who is licensed to use Kronos' proprietary corona-based technology to move and purify air, as part of the scheduled rollout of EOL's Tree(tm) air purification device.
Chelsea Therapeutics Reports Third Quarter 2006 Results
CHARLOTTE, N.C., Nov. 14, 2006 (PRIMEZONE) -- Chelsea Therapeutics International, Ltd. (Nasdaq:CHTP) today presented a quarterly update on the Company's development progress, reported financial results for the third quarter 2006 and confirmed that it remains on track to meet key milestones in 2006 and 2007.
Trend Mining Company
Trend's Diabase Peninsula Ranks Second in Race for Next Uranium Super Deposit
DENVER, Nov. 14, 2006 (PRIMEZONE) -- Trend Mining Company (OTCBB:TRDM) (www.trendmining.com) is pleased to report that the Northern Prospector magazine (November 2006) names Trend's Diabase Peninsula uranium exploration project second in the race to find the next uranium "Super Deposit" in Saskatchewan's Athabasca Basin. Diabase Peninsula was one of only two of 15 uranium projects that ranked in all seven "key criteria" used by the Northern Prospector to determine which projects have potential for a "super deposit find."
Intelligent Systems Corporation
Intelligent Systems Announces Third Quarter 2006 Results
NORCROSS, Ga., Nov. 14, 2006 (PRIMEZONE) -- Intelligent Systems Corporation (AMEX:INS), www.intelsys.com, announced today the financial results for its third quarter and year-to-date periods ended September 30, 2006. Net income for the three month period ended September 30, 2006 was $7.0 million compared to a net loss of $(1.2) million in the comparable period in 2005. For the third quarter of 2006, earnings were $1.57 per basic share ($1.52 per diluted share) compared with a loss of $(0.26) per basic and diluted share in the third quarter of 2005.
Emergent Group Inc.
Emergent Group Inc. Reports Third Quarter EPS of $0.08 on Record Sales With Increase of 26 Percent
GLENDALE, Calif., Nov. 14, 2006 (PRIMEZONE) -- Emergent Group Inc. (OTCBB:EMGP), a leading provider of mobile medical lasers and surgical equipment, today announced financial results for its third quarter ended September 30, 2006. Third quarter revenues increased 26% to $3,997,933, compared to revenues of $3,181,811 for the same period in 2005. Net income increased 11% to $445,765 or $0.08 per basic and diluted share for the quarter, compared to net income of $401,327 or $0.08 per basic and diluted share for the same period in 2005. For the nine months ended September 30, 2006 revenues increased 32% to $11,981,961, compared to $9,052,744 for the same period in 2005. Net income increased a dramatic 131% to $1,459,567 or $0.27 per basic share ($0.25 per diluted share) for the nine months, compared to net income of $631,884 or $0.13 per basic and diluted share for the same period in 2005.