latest news releases from the newsroom
BioForce Nanosciences Holdings, Inc.
BioForce Nanosciences Holdings, Inc. Announces the Appointment of Michael Dunham to Its Board of Directors
AMES, Iowa, Oct. 1, 2007 (PRIME NEWSWIRE) -- BioForce Nanosciences Holdings, Inc. (OTCBB:BFNH), a company focused on the development and commercialization of nanotech tools and solutions for the life sciences, today announced the appointment of Michael Dunham to its Board of Directors. Mr. Dunham brings to BioForce his broad experience in high technology companies, which includes previously serving as a director for the nanotechnology company, Arryx Technology.
Pennichuck Subsidiary Arranges $31,360,000 Tax-Exempt Bond Remarketing
MERRIMACK, N.H., Oct. 1, 2007 (PRIME NEWSWIRE) -- Pennichuck Corporation (Nasdaq:PNNW) today announced that its Pennichuck Water Works, Inc. subsidiary (the "Company") has arranged the remarketing of $31,360,000 of tax-exempt bonds in two series, Series BC-1 and BC-2. The $15,000,000 Series BC-1 Bonds were priced at an initial interest rate of 4.50% at par. The rate is subject to adjustment pursuant to auctions at 35-day intervals. The proceeds will be utilized by the Company to fund its water treatment plant upgrade project as well as various other water utility capital improvement projects. The $16,360,000 Series BC-2 Bonds were priced at 3.55% at par with a seven-month mandatory tender structure. The proceeds have been escrowed and invested in an FHLB security of like amount for the entire seven-month period. While the proceeds are in escrow, the Series BC-2 Bonds are not a debt obligation of the Company.
Zix Corporation's ZixDirectory Surpasses 9 Million Members
DALLAS, Oct. 1, 2007 (PRIME NEWSWIRE) -- Zix Corporation (ZixCorp(r)) (Nasdaq:ZIXI), the leader in hosted services for email encryption and e-prescribing, today announced that ZixDirectory(tm), the core of the Company's encryption service offering, marked a new milestone, surpassing more than nine million members.