latest news releases from the newsroom
GB&T Bancshares, Inc.
Mountain State Bank Joins GB&T Bancshares
GAINESVILLE, Ga., May 3, 2006 (PRIMEZONE) -- GB&T Bancshares, Inc. (Nasdaq:GBTB), a multi-bank holding company, and Mountain Bancshares, Inc., parent company of Mountain State Bank, announced today that they have completed their merger. Following overwhelming approval by the Mountain Bancshares' shareholders and final regulatory approval, Mountain State Bank, with offices in Dawson and Forsyth counties (GA), became GB&T Bancshares' seventh affiliate bank, effective at the end of the business day on Friday, April 28, 2006.
NetBank, Inc. Holds Annual Meeting of Shareholders
ATLANTA, May 3, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), a diversified financial services provider and parent company of NetBank(R) (www.netbank.com), held its 2006 Meeting of Shareholders on May 2 in Alpharetta, Ga. Seventy-two percent of the total shares outstanding were represented at the meeting.
ALCO Stores, Inc.
Duckwall-ALCO Stores Signs Definitive $11.2 Million Sale-Leaseback Agreement
ABILENE, Kan., May 3, 2006 (PRIMEZONE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced the Company has signed a definitive agreement to sell 11 ALCO retail locations to Realty Income Corporation (NYSE:O) for approximately $11.2 million. It is anticipated that the transaction will close in the next few weeks, with the exception of one store in Texas, which is currently under construction.
QLogic SANblade Fibre Channel HBAs Now Available on HP Integrity and HP 9000 Servers Running HP-UX 11i
ALISO VIEJO, Calif., May 3, 2006 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that its reliable 4Gb SANblade(r) Fibre Channel PCI-X 2.0 HBAs are now available on HP Integrity and HP 9000 servers. Available from HP channel partners and directly from HP, the QLogic Fibre Channel HBAs feature a suite of innovative technology advancements that result in "A Better 4Gb." The HP-branded versions of the HBAs are used for connecting HP Integrity and HP 9000 servers to high-performance storage in HP-UX 11i operating environments.
QLogic Introduces SMB Storage Networking Solutions for IBM Systems
ALISO VIEJO, Calif., May 3, 2006 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced complete, simple and cost effective storage networking solutions for small and medium businesses (SMBs). Consisting of IBM TotalStorage DS4100 or DS4300 arrays and the QLogic SAN Express(tm) Starter Kit 1000, the SMB SAN solutions can be installed by a technical generalist in minutes. These solutions allow SMBs to consolidate and better manage their storage resources with storage area networks (SANs) in the same manner as large enterprises.
Emergent Group Inc.
Emergent Group Inc. Reports Record First Quarter EPS of $0.09 on Sales Increase of 37 Percent
GLENDALE, Calif., May 3, 2006 (PRIMEZONE) -- Emergent Group Inc. (OTCBB:EMGP), a leading provider of mobile medical lasers and surgical equipment, today announced financial results for its first quarter ended March 31, 2006. First quarter revenues increased 37% to a record $3,990,817, compared to revenues of $2,922,523 for the same period in 2005. Net income increased to a record $463,995 or $0.09 per basic share ($0.08 per diluted share) for the quarter, compared to net income of $105,278 or $0.02 per basic and diluted share for the same period in 2005.
SkyBuilt Power, Inc.
SkyBuilt Power Wins Clean Energy Technology Award For Its Revolutionary Mobile Power Station
ARLINGTON, Va., May 3, 2006 (PRIMEZONE) -- SkyBuilt Power, a leading renewable energy systems integration company, announced today that the New Energy Congress had selected SkyBuilt's Mobile Power Station(TM) as one of the top 20 up-and-coming, clean, renewable, affordable, and reliable energy technologies.