latest news releases from the newsroom
Health Benefits Direct Corporation
Health Benefits Direct Announces Closure of Atiam Technologies Acquisition
RADNOR, Pa., Oct. 2, 2007 (PRIME NEWSWIRE) -- Health Benefits Direct Corporation (OTCBB:HBDT), a leading technology innovator in the direct marketing and distribution of a wide range of health and life insurance and related products for individuals and families, today announced that it has closed on its previously announced acquisition of Atiam Technologies, a provider of comprehensive, web-based insurance administration software applications that support individual insurance products. Health Benefits Direct acquired Atiam for an aggregate purchase price of $3.0 million in cash and stock, and the transaction was completed on October 1, 2007. Atiam Technologies now operates as a wholly-owned subsidiary of Health Benefits Direct.
Claymont Steel Holdings, Inc.
Claymont Steel Announces Guidance for Third Quarter Earnings
CLAYMONT, Del., Oct. 2, 2007 (PRIME NEWSWIRE) -- Claymont Steel Holdings (Nasdaq:PLTE) announced today that it expects third quarter net earnings to be in the range of $0.05 to $0.10 per share. The Company experienced unexpected challenges in August related to the restart of its reheat furnace following an upgrade completed as planned during the recent annual Plate Mill outage. This led to lower than planned output and shipments, which are expected to impact the Company's third quarter EBITDA by approximately $7.5 million and will also impact fourth quarter EBITDA by approximately $2.3 million. In September, the Company's operational performance improved and is expected to return to a level in line with expectations in October. The market conditions and the Company's resulting order book and spreads for the quarter were all consistent with expectations including the strengthening predicted to occur going into the fourth quarter.
Kforce Inc. Announces Third Quarter 2007 Earnings and Conference Call
TAMPA, Fla., Oct. 2, 2007 (PRIME NEWSWIRE) -- Kforce Inc. (Nasdaq:KFRC), a specialty staffing firm, on Tuesday, October 30, 2007, will release third quarter results post-market and host a conference call to discuss the results on Wednesday, October 31, 2007. The call will begin at 8:30 a.m. Eastern Standard Time. The dial-in number is 888-593-6050. The replay of the call will be available from 10:30 a.m. Eastern Standard Time Wednesday, October 31 to November 14, 2007, by dialing 888-203-1112, passcode 3540996.
Mariner's Choice International, Inc.
Mariner's Choice Signs Private Label Agreement
JACKSONVILLE, Fla., Oct. 2, 2007 (PRIME NEWSWIRE) -- Mariner's Choice International Inc. (Pink Sheets:MCII) has signed a private label agreement with a distributor servicing the industrial and automotive markets. This distributor has integrated Mariner's Choice SUPER Wax & Polish into their product line-up. Initial orders of $10,000 have been fulfilled, of which the majority of the products have already been sold and delivered to their end-user customers. Management anticipates, but cannot provide assurances, that annual orders for the SUPER Wax & Polish through this distributor may reach in excess of $1.5 million during 2008, as a result of their existing sales, as well as the recent contract that has been entered into by the distributor with one of their key customers.