latest news releases from the newsroom
XOMA Announces November 9 Conference Call and Webcast Discussion of Third Quarter 2006 Results
BERKELEY, Calif., Nov. 1, 2006 (PRIMEZONE) -- XOMA Ltd. (Nasdaq:XOMA) will issue a news release announcing its third-quarter financial results for the quarter ended September 30, 2006, on Thursday, November 9, 2006, at 4:00 p.m. Eastern (1:00 p.m. Pacific). The news release will be followed by a conference call and live webcast at 5:00 p.m. Eastern (2:00 p.m. Pacific) with XOMA management discussing third quarter financial results and providing a general business update. There will be a question and answer session at the end of the conference call.
Morgan Beaumont Announces Resignation of President
BRADENTON, Fla., Nov. 1, 2006 (PRIMEZONE) -- Morgan Beaumont, Inc. (OTCBB:MBEU) today announced that Mr. Erik Jensen has submitted his resignation as the company's President effective November 14, 2006. To further assist Morgan Beaumont, Mr. Jensen has agreed to remain involved with the company on a consulting basis through February 28, 2007.
Levi & Korsinsky, LLP
Zimmerman, Levi & Korsinsky, LLP Announces Class Action Lawsuit Against Connetics Corporation -- CNCT
NEW YORK, Nov. 1, 2006 (PRIMEZONE) -- A class action lawsuit was filed by Zimmerman, Levi & Korsinsky, LLP in the United States District Court for the Southern District of New York on behalf of all purchasers of the securities of Connetics Corporation ("Connetics" or the "Company") (Nasdaq:CNCT) between June 28, 2004 through July 9, 2006, inclusive (the "Class Period").
Delta Air Lines, Inc.
Delta Makes History With First-Ever Nonstop Service Between New York-JFK and Mumbai, India
NEW YORK, Nov. 1, 2006 (PRIMEZONE) -- Delta Air Lines -- the world's fastest growing international airline -- tonight will make history when it inaugurates the first and only nonstop service between New York's John F. Kennedy International Airport and Mumbai, India. The new route is the latest milestone in the ongoing restructuring of Delta's route network to connect more global centers of commerce to the United States nonstop, replacing routes that previously required flight connections in Europe.
Coastal Technologies, Inc.
Coastal Technologies, Inc. Announces Letter of Intent With Goldman & Goldman, Inc.
OMAHA, Neb., Nov. 1, 2006 (PRIMEZONE) -- Coastal Technologies, Inc. (Pink Sheets:CTTJ) (the "Company"), a public-traded company, today announced it entered into a Letter of Intent to acquire Goldman & Goldman Inc, a Michigan-based software development and billing solutions provider. Goldman provides financial software services and Coastal provides outsourced IT services to the healthcare industry. The joining of the Company's marketing and sales efforts with Goldmans' expertise at designing, installing and operating billing systems in rural medical facilities will enable the combined companies to offer more services to healthcare clients in a wider geographic area and at a more competitive price and creative solutions. Coastal management anticipates the acquisition to be completed by November 15, 2006.
Great West Gold, Inc.
Great West Gold, Inc. -- Stockholder Communications
NEW YORK, Nov. 1, 2006 (PRIMEZONE) -- Great West Gold, Inc. (Pink Sheets:GWGO) confirms that the Company is experiencing problems with its E Mail Servers and has not been receiving communications from stockholders for over a week. The Company is awaiting the Server Hosting Company to resolve its technical problems and to restore E Mail facilities to the Company. This will also affect any messages sent via the "HumanClick" resource on the Corporate web site.
WorldWater & Solar Technologies
WorldWater & Power Corp. Wins Its First U.S. General Services Administration Contract Bid for Solar System at Federal Courthouse in Trenton
PENNINGTON, N.J., Nov. 1, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced that the company has been awarded a $346,694 contract by the U.S. General Services Administration (GSA) to build a solar electric system at the Clarkson S. Fisher U.S. Courthouse Annex in Trenton, New Jersey. The project is a joint venture with Ray Angelini, Inc. (RAI) of Sewell, New Jersey. The WorldWater winning bid calls for the installation of photovoltaic panels on the roof of the seven-story glass tower, which was completed in 1996. The solar system will provide a portion of the Annex's electricity and the Federal Government will earn "net metering" credits for its solar electric production from PSE&G when the offices are closed. Approximately $147,500 of the construction cost will be paid in the form of a rebate from the New Jersey Clean Energy Program.
Crew Gold Corporation
Crew Gold to Apply for Separate Listing for Crew Minerals
LONDON, Nov. 1, 2006 (PRIMEZONE) -- The Board of Directors of Crew Gold Corporation ("Crew" or the "Company") (Other OTC:CRUGF) (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) has approved the Listing Application of Crew Minerals ASA to the Oslo Stock Exchange. The application will be filed today with the required prospectus to follow. The pre-money pricing of Crew Minerals will be NOK 600 million. Concurrent with the listing Crew Minerals will conduct an offering of its shares raising gross proceeds in the amount of US$50-$60 million.