latest news releases from the newsroom
Medicis Pharmaceutical Corporation
Medicis Reports Third Quarter 2006 Financial Results
SCOTTSDALE, Ariz., Nov. 8, 2006 (PRIMEZONE) -- Medicis (NYSE:MRX) today announced revenue for the three months ended September 30, 2006 of approximately $90.0 million, compared to $83.3 million for the three months ended September 30, 2005. Net loss computed in accordance with U.S. generally accepted accounting principles ("GAAP") for the three months ended September 30, 2006 was $20.7 million, or ($0.38) per share, compared to GAAP net income of $12.5 million, or $0.20 per diluted share for the three months ended September 30, 2005.
SimpleTech Reports Financial Results For Third Quarter of 2006 with 38% Year-over-Year Revenue Growth and 250% Diluted Earnings Per Share Growth
SANTA ANA, Calif., Nov. 8, 2006 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC) today announced its financial results for the third quarter ended September 30, 2006. Revenue for the third quarter of 2006 was $92.8 million, an increase of 17% from $79.5 million for the second quarter of 2006 and an increase of 38% from $67.2 million for the third quarter of 2005. Gross profit margin increased to 25.1% for the third quarter of 2006, compared to 24.8% in the second quarter of 2006 and 20.7% for the third quarter of 2005. Diluted earnings per share was $0.14 for the third quarter of 2006, compared to $0.10 for the second quarter 2006 and $0.04 for the third quarter of 2005.
German Government Relies on McDATA SAN to Collect Taxes
BROOMFIELD, Colo., Nov. 8, 2006 (PRIMEZONE) -- ZIVIT (Center for Information Technology and Processing), the main IT services supplier for the German government, deployed McDATA Corp. (Nasdaq:MCDTA) (Nasdaq:MCDT) directors and fabric switches to help the Federal Ministry of Finance to store, archive and protect the tax information of nearly 20 million taxpaying entities. The new storage area network (SAN) provides government employees and the ministry's Web site with the information they need to provide more effective customer service to taxpayers and ensure that taxes are paid on time. In addition, invaluable tax information is better protected through a reliable disaster recovery plan, alleviating privacy and regulatory concerns.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. Announces Two Shipbuilding Contracts
NEW YORK, Nov. 8, 2006 (PRIMEZONE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced that it has signed contracts with IHI Marine United Inc., one of Japan's pre-eminent shipyards, for the construction of two 'Future-56' class Supramax vessels. These 56,000 deadweight ton vessels have a contract price of approximately $33.5 million each and are expected to be delivered in January and February of 2010, respectively. Upon delivery of these vessels, Eagle Bulk's fleet will include 18 vessels, 14 of which will be Supramax-class.
Winmax Trading Group, Inc.
GoLemur! Launches Version 1.5.1
NEW YORK, Nov. 8, 2006 (PRIMEZONE) -- Winmax Trading Group, Inc. ("Winmax") (Pink Sheets:WMTG) is pleased to announce that its subsidiary, GoLemur! Inc., a leading-edge mobile lifestyle portal, has deployed a new version of their website version 1.5.1. This version has new and improved customizable features, such as controls over public and private users groups to share manage and distribute videos, photos, and other files, as well as increase in storage capacity, enhanced speed, and new security features.