latest news releases from the newsroom
Lucas Energy Acquires Delphic Properties
HOUSTON, Dec. 20, 2006 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (OTCBB:LUCE), a U.S. based independent oil and gas company today announced that it has acquired six oil wells located in Gonzalez, Texas from privately held Delphic Oil and Gas, LLC. The Delphic assets represent 4 properties with a total of 1172.29 acres. The properties hold oil and gas producing wells in the same area as another Lucas acquisition of 2,000 net acres with nine producing wells which were acquired in August, 2006.
HEICO Reports Record Sales and Operating Income in Fourth Quarter and Full Year Results
HOLLYWOOD, Fla. and MIAMI, Dec. 20, 2006 (PRIME NEWSWIRE) -- HEICO Corporation (NYSE:HEI-A) (NYSE:HEI) today reported net income increased 40% to a record $31,888,000, or $1.20 per diluted share, for the fiscal year ended October 31, 2006 from $22,812,000, or 87 cents per diluted share, for the fiscal year ended October 31, 2005. Net income for the fourth quarter of fiscal 2006 increased 41% to $9,321,000, or 35 cents per diluted share, from $6,625,000, or 25 cents per diluted share, in the fourth quarter of fiscal 2005.
Quantech Electronics Corp.
Quantech Forges Ahead with New Biofeed Applications
LONDON, Dec. 20, 2006 (PRIME NEWSWIRE) -- Quantech Electronics Corp. (Pink Sheets:QTCE), software developer for marketing communications, announced that it is has agreed on commercial collaboration with Thought Technologies for the distribution of products based on Quantech's new cutting-edge biofeedback technology.
Gough Named Executive Vice President of Sysco Intermountain Food Services, Inc.
HOUSTON, Dec. 20, 2006 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, announced today that Lisa C. Gough has been named executive vice president of Sysco Intermountain Food Services, Inc., a broadline foodservice distribution subsidiary located in West Jordan, Utah. She has served as senior vice president of that operation since January 2006 and will assume her new responsibilities effective January 1, 2007.
TDVision Systems, Inc.
TDVision Systems, Inc. Welcomes New Members to TDV Alliance
HINSDALE, Ill., Dec. 20, 2006 (PRIME NEWSWIRE) -- TDVision Systems, Inc., an emerging leader in the design and development of 3D digital infrastructure and visualization systems, welcomes new members Integrated Microdisplays Limited, Himax Display and 3D-ETC to the TDV Alliance, a collaboration of hi-tech companies working to create an infrastructure that will be the catalyst for TDVisions's multi-purpose 3D technology.