latest news releases from the newsroom
Mammoth Energy Group Signs a $1.5 Million Partnership Agreement With Allied Energy Group, Inc.
DENVER, Oct. 11, 2006 (PRIMEZONE) -- Mammoth Energy Group, Inc. (Pink Sheets:MMTH) announced today that it has entered into a Partnership Agreement with Allied Energy Group, Inc. (Pink Sheets:AGGI). Under the terms of the partnership, Allied Energy will invest $1.5 million into the natural gas project in Northeastern Oklahoma in exchange for a 33% working interest. This leaves Mammoth's wholly owned subsidiary, KMV Consulting, Inc., with a 66% working interest. The two companies are also working jointly on a shallow natural gas project in Colorado and an extensive project in northeastern Montana.
Discovery Laboratories, Inc.
Discovery Labs Announces Topline Results of Surfaxin Phase 2 Clinical Trial for the Prevention and Treatment of BPD
WARRINGTON, Pa., Oct. 11, 2006 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) today announced encouraging results from its recently completed Phase 2 clinical trial of Surfaxin(r) (lucinactant) for the prevention and treatment of Bronchopulmonary Dysplasia (BPD), a debilitating and chronic lung disease typically affecting premature infants who have suffered Respiratory Distress Syndrome (RDS). The results suggest that Surfaxin, administered up to five times, may represent a novel therapeutic option for infants at risk for BPD. Presently there are no approved therapies for this disease. Surfaxin has received an Approvable Letter from the United States FDA for the prevention of RDS and has Orphan Drug Status and Fast Track designation from the FDA for the prevention and treatment of BPD.
NetBank Makes Draft of 2007-2008 CRA Strategic Plan Available for Public Review
ATLANTA, Oct. 11, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), a diversified financial services provider and parent company of NetBank(r) (www.netbank.com), today announced that NetBank has completed a preliminary draft of a strategic plan to meet Community Reinvestment Act (CRA) requirements during 2007 and 2008. The plan focuses the company's mortgage and small business lending activities on a total of five assessment areas and on 22 states that the company considers CRA Focus Areas.
Sage Global Solutions
Sage Global Acquires PremierPoint Insurance Services, Inc.
IRVINE, Calif., Oct. 11, 2006 (PRIMEZONE) -- Sage Global Solutions, Inc. (Pink Sheets:SGGL) announced today that it has acquired PremierPoint Insurance Services, Inc., which offers innovative insurance products specializing in Workers' Compensation and the utilization of captive programs. PremierPoint also provides traditional wholesale agency products, program consulting and risk management assistance to insurance agents and carriers.
flexSCAN's health360 to be Provided to 40,000 Patients and Employees at Coastal Communities Hospital Santa Ana
MISSION VIEJO, Calif., Oct. 11, 2006 (PRIMEZONE) -- flexSCAN, Inc. (OTCBB:FXSC) today announced an agreement with Coastal Communities Hospital to bring health360(tm) health and wellness services to about 480 employees to the Santa Ana, CA-based hospital. health360(tm) offers a wide range of services including disease screening, health risk assessments, online diet and fitness programs, and electronic personal health records (PHR). The agreement also allows flexSCAN to offer its PHR system (trademark PHR360) to more than 40,000 patients who visit Coastal Communities Hospital each year.