latest news releases from the newsroom
Author Claims North Korea and Iran Nuclear Ambitions Could Bring Blackouts
SARASOTA, Fla., Oct. 17, 2006 (PRIMEZONE) -- A 90-percent U.S. dependence on foreign uranium puts New York, D.C., Chicago, Los Angeles, Houston, Detroit and Miami at risk for electricity blackouts and brownouts over the next four years, perhaps longer. Senior contributing editor of Investing in the Great Uranium Bull Market (StockInterview: 2006) David R. Miller foresees a global uranium shortage over the next decade which could jeopardize re-fueling operations at the country's 103 nuclear reactors. "Without building one more nuclear reactor, the uranium supply is just not there," said Miller, who is also a geological consultant for the International Atomic Energy Agency (IAEA).
bWell Makes Consumer-Directed Health Education Tool Available Online
NEW YORK, Oct. 17, 2006 (PRIMEZONE) -- bWell International, a health benefits education and consulting company, is making the bWell-informed Educational Presentation, a new consumer-directed healthcare (CDH) education tool, available for immediate purchase via its new e-commerce site, www.bwell-inc.com. The presentation is available via direct download, CD or DVD, starting at $149.
Lantronix Expands Industrial Device Networking With a Rugged Version of Its Top Selling UDS1100 Device Server
IRVINE, Calif., Oct. 17, 2006 (PRIMEZONE) -- Lantronix, Inc. (Nasdaq:LTRX) today announced the UDS1100-IAP, a new addition to Lantronix(r) Industrial Device Networking solutions. The new UDS1100-IAP includes the award-winning features of the UDS product line with the added capability to work in extreme environments and support industrial standard communication protocols. Delivering open-standard Ethernet architecture, the UDS1100-IAP delivers the needed flexibility to communicate with virtually any type of industrial equipment.
Lantronix Expands Industrial Device Networking to Harsh Environment Wireless Applications
IRVINE, Calif., Oct. 17, 2006 (PRIMEZONE) -- Lantronix, Inc. (Nasdaq:LTRX) today announced its expansion into the market for applications requiring environmentally hardened wireless networking gear with the launch of the XPress DR+ Wireless, a rugged DIN-Rail mounted WiFi 802.11 Device Server(tm). The new solution is capable of connecting virtually any type of industrial equipment to the Local Area Network (LAN) or the Internet. Markets for industrial strength device networking include Industrial and Factory Automation, Building Automation, Energy/Utilities Management and Transportation. The XPress DR+ Wireless is a member of the trusted Lantronix(r) XPress industrial product family designed to operate reliably under extreme temperatures and resist the effects of exposure to electrical interference, vibration and physical abuse.
Lantronix Expands Investment in Industrial Device Networking, Launching New Products and Sales Program
IRVINE, Calif., Oct. 17, 2006 (PRIMEZONE) -- Announcing a full line of new, innovative products and an expanded channel support program, Lantronix, Inc. (Nasdaq:LTRX) has moved to strengthen its leadership position in the industrial networking marketplace with four new product releases, including the Company's first wireless Device Server(tm) specifically designed for extreme environments. With nearly 20 years of networking expertise, Lantronix(r) Ethernet and 802.11 wireless device networking technologies provide industrial customers with solutions that reduce costs, reduce down time, and enable new and improved equipment service options.
Cytomedix Announces FDA Decision on AutoloGel
ROCKVILLE, Md., Oct. 17, 2006 (PRIMEZONE) -- Cytomedix, Inc. (AMEX:GTF) today announced that the Food and Drug Administration's (FDA or Agency) Center for Biologics Evaluation and Research (CBER) has denied the Company's claim that AutoloGel(tm) is substantially equivalent to predicate devices, as asserted in the Company's 510(K) Pre-Market Notification. The FDA has offered the Company the opportunity to have the decision reconsidered as part of its established appeals process and the Company will proceed with an appeal immediately. Kshitij Mohan, Ph.D., Cytomedix Chairman and CEO, will host a conference call and webcast with members of the investment community today, October 17, 2006 at 4:00 p.m. Eastern time to discuss this matter.
NearbyNow Expands Ground-Breaking Online Shopping Service Nationwide
MOUNTAIN VIEW, Calif., Oct. 17, 2006 (PRIMEZONE) -- NearbyNow, Inc., an online service that allows consumers to search all products, brands, and sale merchandise available at local shopping centers using the Internet or mobile phones, today announced the expansion of their service to shopping centers in 20 U.S. cities. Based on the recent successful introduction of its service at the Eastridge and Westfield Valley Fair shopping malls in Northern California, the company has expanded its partnership with the Westfield Group and other mall developers to roll out to shopping centers in 20 U.S. metropolitan cities over the next nine months. NearbyNow also announced the planned availability of its mobile phone solution by December of this year.
AM GmbH Settles Litigation With Chicago-Based Bankruptcy Trust
FRIEDRICHSDORF, Germany, Oct. 17, 2006 (PRIMEZONE) -- AM GmbH, a privately held German company, today announced that a federal bankruptcy court in Chicago has approved a settlement between the bankruptcy litigation trust of Chinin USA, Inc. and the company concerning financing services provided by AM GmbH to Chinin between 1992 and 1997. AM GmbH paid $150,000 in the settlement in exchange for a complete release of all possible claims against the company and its founders. The bankruptcy court order approving the settlement is now final and non-appealable, and the case was dismissed with prejudice yesterday by stipulation of the parties.