latest news releases from the newsroom
Jurong Shipyard to Build Two Ultra-Deepwater Semi-Submersible Rigs for Seatankers/SeaDrill
HAMILTON, Bermuda and SINGAPORE, June 20, 2005 (PRIMEZONE) -- Jurong Shipyard, a wholly owned subsidiary of SembCorp Marine has secured an EPC contract to build two ultra-deepwater semi-submersible drilling rigs worth a total project value of US$780 million for Seatankers Management Co. Ltd. (Seatankers). Seatankers will give the public drilling company SeaDrill Ltd. the right to acquire the rig at existing contract terms.
Online Ticketing Portal, eTicketsNetwork.com Launched by Cyber Gear
DUBAI, United Arab Emirates and NEW YORK, June 20, 2005 (PRIMEZONE) -- eTicketsNetwork.com is the first Internet ticketing portal which allows customers to choose their preferred seats in the performing venues. The technology developed by eTicketsNetwork.com displays the detailed seating plan of the concert venue and enables customers to simply point and click online on the seats that they want to buy. These can then be purchased online through credit cards and the tickets delivered via courier.
T-3 Energy Services, Inc.
T-3 Energy Services to Evaluate Strategic Alternatives
HOUSTON, June 20, 2005 (PRIMEZONE) -- T-3 Energy Services, Inc. ("T-3 Energy") (Nasdaq:TTES) announced today that it has retained Simmons & Company International to assist the company in evaluating strategic alternatives designed to enhance shareholder value. There can be no assurance that any transaction will be entered into or completed as a result of this process.
Complete Care Medical, Inc.
Complete Care Medical, Inc. Announces Expansion and Acquisition of National Discount Mail-Order Pharmacy
HOUSTON, June 20, 2005 (PRIMEZONE) -- Complete Care Medical, Inc. (Pink Sheets:CCMI), is pleased to announce its acquisition of CarePharm, LLC, a highly automated mail order pharmacy located in New Boston, Texas. No changes in staff or management are planned for CarePharm, which will operate as a wholly owned subsidiary of Complete Care Medical, Inc.
ViroPharma Announces Execution on Extensive Debt Reduction Effort
EXTON, Pa., June 20, 2005 (PRIMEZONE) -- ViroPharma Incorporated (Nasdaq:VPHM) today announced that it will exercise its right to automatically convert $18.75 million principal amount of its 6% Convertible Senior Secured Notes due October 2009 into 7,500,000 shares of common stock, pursuant to the terms of the Convertible Notes Indenture dated as of October 18, 2004. ViroPharma issued $75 million aggregate principal amount of the 2009 convertible senior notes in connection with the acquisition of Vancocin(R) from Eli Lilly & Company. Subsequent to the recent conversions by the holders and taking into effect the auto-conversion, $16.2 million of these 2009 convertible senior notes remain outstanding. ViroPharma has the right to elect to automatically convert 25% of the 2009 convertible senior notes issued under the indenture when the volume-weighted average price of ViroPharma's common stock exceeds $3.75 for 20 trading days during a 30-day trading period. This was achieved on June 16, 2005. The company may effect one auto-conversion per calendar quarter.
Raven Moon Entertainment, Inc.
Raven Moon to Produce Disney/Pixar Style Low-Budget G-Rated Animated Feature Films
ORLANDO, Fla., June 20, 2005 (PRIMEZONE) -- Raven Moon Entertainment, Inc. (OTCBB:RVNM) announced today that its wholly owned subsidiary Raven Animation, Inc., located at MG Studios in Orlando, plans to produce three "Disney/Pixar style" fully animated low-budget theatrical films with the same technology used in "Toy Story", "Shrek" and "The Incredibles" with a budget of only $1,500,000 per film for the G-Rated movie marketplace, where parents and kids can't wait to buy the next movie ticket.
Telelogic Further Enhances World's Leading Requirements Management Solution
MALMO, Sweden and IRVINE, Calif., June 20, 2005 (PRIMEZONE) -- Telelogic (Stockholm Exchange: TLOG), the leading provider of solutions that align advanced systems and software development with business objectives, today announced the availability of a new version of its market-leading Requirements Management solution, Telelogic DOORS(R). DOORS 8.0 is an integrated component of Telelogic Lifecycle Solutions, which also features new releases (also announced today) of Telelogic SYNERGY(TM), award-winning change and configuration management, and Telelogic TAU(R), industry-leading model-driven development.
Telelogic Raises the Bar for Usability in Change and Configuration Management Solutions
MALMO, Sweden and IRVINE, Calif., June 20, 2005 (PRIMEZONE) -- Telelogic (Stockholm Exchange: TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, today announced the availability of new versions of its award winning solutions for Change and Configuration Management, Telelogic SYNERGY(TM)/Change and SYNERGY/CM. SYNERGY/Change 4.4 and SYNERGY/CM 6.4 are integrated components of Telelogic Lifecycle Solutions, which also features new releases (announced today) of Telelogic DOORS(R), market-leading requirements management and Telelogic TAU(R), industry-leading model-driven development.