latest news releases from the newsroom
Secured Financial Network, Inc.
Secured Financial Announces Services Agreement
FORT LAUDERDALE, Fla., Dec. 10, 2007 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) announced today that it has reached a definitive agreement to provide Alexas Entertainment, LLC with a full spectrum of merchant services utilizing the RedFin Network and processing equipment for its gaming and amusement locations. Services include credit/debit card processing, cash advances, and check verification at point of sale.
Immunomedics Reports Advances in Cancer Therapy
ATLANTA, Dec. 10, 2007 (PRIME NEWSWIRE) -- Immunomedics, Inc. (Nasdaq:IMMU), a biopharmaceutical company focused on developing monoclonal antibodies to treat cancer and other serious diseases, today reported that results from two preclinical studies indicating that the Company's proprietary product candidates improve the therapy of cancer compared to certain established treatments. These results were presented at the 49th annual meeting of ASH in Atlanta, GA.
Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions Awarded Public Safety Contract From Los Angeles County Sheriff's Department
SAN DIEGO, Dec. 10, 2007 (PRIME NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) (formerly Wireless Facilities, Inc.) a leading national defense and security solutions provider, announced today that it has been awarded a contract to oversee the development of a prototype Command and Control Personal Computer-Public Safety (C2PC-PS) system for the Los Angeles County Sheriff's Department (LASD). The 13-month project is part of an effort focused on bridging communications and providing a common operational picture (COP) for public safety first responders. The C2PC-PS program is intended for everyday use and is scalable for use during local or regional crisis situations. This pilot project, valued at just under $1 million, began in October of 2007 and is expected to conclude by November of 2008.
AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc. Announces Agreement to Acquire Unitrin Business Insurance
NEW YORK, Dec. 10, 2007 (PRIME NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) announced today that it had entered into an agreement to acquire the Unitrin Business Insurance unit ("UBI") of Unitrin, Inc. UBI conducts business in 30 states with a geographic emphasis in the South, Northwest and Midwest, and had total premium revenues of approximately $165 million in 2006. UBI writes commercial package coverages primarily for small businesses. Consummation of the transaction is subject to regulatory approval.