latest news releases from the newsroom
STEC Signs a $120 Million Supply Agreement for ZeusIOPS SSDs for 2H 2009 and Now Forecasts Sales of ZeusIOPS SSDs to Exceed $220 Million in 2009
SANTA ANA, Calif., July 16, 2009 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC), announced today that it has signed an agreement with one of its largest enterprise storage customers for sales of $120 million of ZeusIOPS SSDs in the second half of 2009. STEC believes that this agreement reflects the enterprise storage manufacturer's continued commitment to integrate STEC's SSD technology into the manufacturer's systems and validates significant storage system performance improvements enabled by STEC's ZeusIOPS SSDs in these enterprise systems. With this agreement signed, STEC now forecasts revenue from the sale of its ZeusIOPS drives will exceed $220 million in 2009.
AQUAGOLD INTERNATIONAL Announces Support From Industry and Trade Groups in China
NEW YORK, July 16, 2009 (GLOBE NEWSWIRE) -- AQUAGOLD INTERNATIONAL (Pink Sheets:AQUI), a global distributor of premier Canadian spring water products, announces receipt of a letter of support from eleven organizations and associations in China regarding the launch of AQUAGOLD Premier Canadian Spring Water in China. The letter is addressed to AQUAGOLD INTERNATIONAL, its bankers, the Government of Canada, the U.S. Stock Exchange, and other supporting organizations and personnel.
Loral Space & Communications Inc.
Space Systems/Loral Selected to Provide Satellite for Telesat Fleet
PALO ALTO, Calif., July 16, 2009 (GLOBE NEWSWIRE) -- Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications (Nasdaq:LORL) and the leading provider of commercial satellites, today announced that it has been selected to provide a satellite for Telesat, one of the world's leading fixed satellite services operators. The new satellite, called Telstar 14R, will replace Telesat's Telstar 14/Estrela do Sul, utilizing SS/L's 1300 bus to deliver high-powered Ku-band services to growing markets throughout the Americas and over the Atlantic Ocean.
Simmons First National Corporation
Simmons First Announces Second Quarter Earnings
PINE BLUFF, Ark., July 16, 2009 (GLOBE NEWSWIRE) -- Simmons First National Corporation (Nasdaq:SFNC) today announced earnings of $5.5 million, or $0.39 diluted earnings per share for the quarter ended June 30, 2009, compared to $0.42 diluted earnings per share for the same period in 2008. During the second quarter, deposit insurance expense increased by $2.4 million as a result of the FDIC's industry-wide special assessment and the increase in its general assessment. The after-tax impact to quarterly earnings was a reduction of $1.5 million, or $0.11 diluted earnings per share.
Home BancShares, Inc.
Home BancShares, Inc. Announces Second Quarter 2009 Earnings
CONWAY, Ark., July 16, 2009 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB), parent company of Centennial Bank, today announced second quarter net income of $5.4 million, or $0.24 diluted earnings per common share for the quarter ended June 30, 2009, compared to earnings of $5.7 million, or $0.28 (stock dividend adjusted) diluted earnings per common share for the same period in 2008. During the second quarter of 2009, the Company accrued $1.2 million for the upcoming FDIC special assessment and incurred $896,000 of merger expense relating to its charter consolidation. Excluding the $1.3 million after-tax or $0.06 diluted earnings per common share impact of these two non-core items, core net income and core diluted earnings per common share for the second quarter of 2009 were $6.7 million and $0.30, respectively.
The ken Group, LLC to Market and Implement COPsync's Law Enforcement Information Sharing Software
CANYON LAKE, Texas, July 16, 2009 (GLOBE NEWSWIRE) -- COPsync, Inc. (OTCBB:COYN), a software technology provider to law enforcement and emergency service professionals, announced today that the Company has engaged the marketing team from the ken Group, LLC, a veteran-owned small business, to assist in the marketing, sales, and implementation through its national network. The ken Group team will focus on sales to public safety market, including law enforcement and homeland security partners.
ACI Worldwide, Inc.
Absa Live On BASE24-eps From ACI Worldwide
NEW YORK, July 16, 2009 (GLOBE NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW), leading international provider of electronic payments software and solutions, today announced that Absa, a member of the Barclays Group, has gone live on BASE24-eps(tm), and has already seen a return on investment. BASE24-eps is ACI's market-leading software for online payments processing.