latest news releases from the newsroom
Web.com Announces Third-Quarter Earnings Release Date and Conference Call
ATLANTA, Oct. 16, 2006 (PRIMEZONE) -- Web.com, Inc. (Nasdaq:WWWW), the leading destination for websites and web services, today announced that it will report results for its fiscal third-quarter ended September 30, 2006, before market open on Tuesday, November 7, 2006.
SimpleTech Acquires Gnutek Ltd., a Technology Innovator in Solid State Flash Drives
SANTA ANA, Calif., Oct. 16, 2006 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), today announced the acquisition of substantially all of the assets of Gnutek Ltd., a privately-held company based in the United Kingdom, in an all-cash transaction. Gnutek is a technology innovator in the design and development of high performance NAND Flash-based solid state drives (SSD). Financial terms of the transaction are not disclosed.
Pacific CMA Inc.
Pacific CMA: Revenue Projected at or Above $150 Million for 2006
JAMAICA, N.Y., Oct. 16, 2006 (PRIMEZONE) -- Pacific CMA (AMEX:PAM) is pleased to report that we are estimating 9-month revenue for 2006 will be 26.1% higher than the same period in 2005. Based on these results, the company projects that revenue for the year will meet or exceed $150 million, compared to $125 million in 2005, an increase of 20.0%. Alfred Lam, Chairman and CEO, commented, "All operating units are well ahead of last year, and we have the momentum to continue our growth into 2007. In addition, we are making a concerted effort to hold or reduce G&A expenses wherever possible. Our current stock price does not, in our opinion, truly reflect the tremendous gains we have made over the past few years."
Foundry Networks, Inc.
Foundry Networks Demonstrates MPLS Router Interoperability in Conjunction With MPLS 2006
SANTA CLARA, Calif. and RESTON, Va., Oct. 16, 2006 (PRIMEZONE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced successful completion of its participation in Isocore's fall 2006 Leading Edge Code (LEC) interoperability testing. Foundry's NetIron XMR Series of Internet and MPLS core routers will be demonstrated live as part of a multi-vendor interoperability demonstration at Isocore Internetworking Lab in Reston, Va. The demonstration will be held on October 19 at 11:00 am EDT following the 9th MPLS International Conference (MPLS 2006).
StockGuru.com Announces Profile Coverage of GeneThera
DALLAS, Oct. 16, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of GeneThera Inc. (OTCBB:GTHA). GeneThera is based on its Integrated Technology Platform (ITP) that combines a proprietary diagnostic solution called Gene Expression Assay (GEA(tm)) with PURIVAX(tm), its system for analyzing large-scale DNA sequencing. The first part of this platform is the ongoing development of molecular diagnostic assays solutions using Real Time Fluorogenic Polymerase Chain Reaction (F-PCR) technology to detect the presence of infectious disease from the blood of live animals. The second part of the ITP is the development of therapeutic vaccines using RNA interference technology. It also allows for the efficient, effective, and continuous testing, management and treatment of animal populations. These facts distinguish the technology from any alternative testing and management methodology available to agriculture today -- all of which require the destruction of individual animals and even entire herds. GeneThera's testing and data analysis processes also allow them not only to separate infected from clean animals, but also to gain knowledge vital to development of preventative vaccines.
Heritage Oaks Bancorp
Heritage Oaks Bancorp Earns $1.7 Million in Third Quarter, With Excellent Loan Growth and Expanding Net Interest Margin
PASO ROBLES, Calif., Oct. 16, 2006 (PRIMEZONE) -- Heritage Oaks Bancorp (Nasdaq:HEOP), the parent company of Heritage Oaks Bank, today reported third quarter profits fueled by exceptional loan growth and an expanding net interest margin. For the third quarter of 2006, net income was $1.7 million, or $0.27 per diluted share, compared to $1.8 million, or $0.28 per diluted share, in the third quarter of 2005. For the first nine months of 2006, net income increased 4% to $5.0 million, or $0.77 per diluted share, compared to $4.8 million, or $0.74 per diluted share, for the first nine months of 2005.