latest news releases from the newsroom
Digital Descriptor Systems Inc.
Digital Descriptor Systems, Inc. Announces Year End Results
SEA GIRT, N.J., April 20, 2006 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (Pink Sheets:DDSI), an industry leader in the development of Homeland Security-related products, announced audited results for the fiscal year ended December 31, 2005. Record revenues grew more than 800 percent, to $3,335,631, from the 2004 year end report of $412,052. Gross profit rose 506 percent, to $2,226,727, from $367,270 for fiscal 2004.
Flint Telecom Group, Inc.
Semotus Announces Major New Customer Wins in Japan
LOS GATOS, Calif., April 20, 2006 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), an innovative leader of software solutions for enterprise mobility, today announced that Clickmarks, Inc., a wholly owned subsidiary of Semotus, has won its first major customers in Japan since the appointment of Redwood, Inc. (http://rwi.jp) as its exclusive Japanese distributor earlier this year. Specifically, Redwood has contracted with both Nippon COMSYS Corporation and Zacatti Consulting for Clickmarks' solutions.
TETRA Technologies, Inc.
TETRA Technologies, Inc. Announces Placement of Private Debt Offering
THE WOODLANDS, Texas, April 20, 2006 (PRIMEZONE) -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that it has placed $90 million through a private, unregistered debt offering. The Series 2006-A Notes were issued pursuant to the Company's existing Master Note Purchase Agreement dated September 27, 2004. The Notes mature on April 30, 2016, have a bullet maturity and carry a 5.90% interest rate.
Federal Home Loan Bank of Cincinnati
Voluntary Housing Programs Temporarily Suspended
CINCINNATI, April 20, 2006 (PRIMEZONE) -- At its April 20, 2006 meeting, the FHLBank Board of Directors (FHLBank Board) elected to temporarily suspend the FHLBank's two voluntary housing programs, New Neighbors and the American Dream Homeownership Challenge. This action was taken in response to the Federal Housing Finance Board's (Finance Board) proposed rule which would require the FHLBank to reduce its outstanding excess stock and increase its retained earnings. The FHLBank issued a public notice to members on March 31, 2006, explaining the impact of the rule on FHLBank programs and operations.
The Integra Foundation
Integra Foundation Awards Grants to the American Association of Neurological Surgeons
PLAINSBORO, N.J., April 20, 2006 (PRIMEZONE) -- The Integra Foundation, the philanthropic arm of Integra LifeSciences Corporation, has awarded two grants to the American Association of Neurological Surgeons (AANS). They include a $25,000 grant in support of nurse registration fees, to enable neuroscience nurses to attend the upcoming AANS Annual Meeting, April 22-27, 2006, in San Francisco; and a $2,000 grant in support of the Neurosurgical Research and Education Foundation.
Eagle Bancorp Montana, Inc.
Eagle Bancorp Announces Third Quarter Earnings and Declares Quarterly Cash Dividend
HELENA, Mont., April 20, 2006 (PRIMEZONE) -- Eagle Bancorp ("Eagle") (OTCBB:EBMT), the stock holding company of American Federal Savings Bank (the "Bank"), reported net income of $403,000, or $0.37 per share ($0.33 per share diluted), for the three months ended March 31, 2006, and declared a cash dividend of $0.20 per share. This represents a decrease of 9.4% over the $445,000 earned for the quarter ended March 31, 2005. Earnings for the nine month period ended March 31, 2006 were $1.347 million, or $1.25 per share ($1.12 per share diluted), a decrease of $26,000, or 1.9%, compared to $1.373 million for the nine month period ended March 31, 2005.