latest news releases from the newsroom
MediaSquirrel Launches Free-Access Market Site to Buy and Sell Apple iPod Video
LEXINGTON, Mass., Nov. 3, 2005 (PRIMEZONE) -- Apple's recent introduction of its new, video-enabled iPod raised the questions of what content will be available for it and how to get it. Today's announcement by MediaSquirrel of a free-access, on-line marketplace for iPod video content aims to provide the answer. Video authors/producers wishing to distribute their work can post their video on MediaSquirrel free of charge, and set the price that will be paid by downloaders. MediaSquirrel visitors wishing to obtain iPod video can download videos spanning an unlimited range of subjects and interests.
Partsearch Technologies Launches OPM Solution For R.C. Willey
NEW YORK, Nov. 3, 2005 (PRIMEZONE) -- Partsearch Technologies, a leading provider of Outsourced Parts Management (OPM) solutions for consumer electronic retailers, manufacturers and service companies, today announced the launch of its 16th client, R.C. Willey, the largest home furnishings retailer west of the Mississippi. Partsearch's RetailPOINT solution will allow Salt Lake City-based R.C. Willey to offer customers over 7.2 million consumer replaceable parts and accessories for their electronics, computers, appliances and wireless devices.
Sunterra Corporation Announces Sale Of Loans
LAS VEGAS, Nov. 3, 2005 (PRIMEZONE) -- Sunterra Corporation (Nasdaq:SNRR) announced today that it sold a $35 million portfolio of consumer receivables to Merrill Lynch Mortgage Lending, Inc. The transaction, which closed on October 31, 2005, resulted in a gain of approximately $3 million for Sunterra.
Sun New Media Inc.
Sun New Media Adjusts Acquisition of Key Assets from Sun Business Network
DIAMOND BAR, Calif., Nov. 3, 2005 (PRIMEZONE) -- Sun New Media Inc. (OTCBB:SNMD) ("SNMI") today announced plans to acquire the Sun Global Marketing Network ("SGMN"), formerly known as Asia Media PL, and other key media assets from Sun Business Network ("SBN"). The announcement reflects a major adjustment in the terms of a previously announced transaction between SBN and SNMI and replaces all previous agreements. Under the new terms, SNMI will receive exclusive sales and marketing rights to SGMN's portfolio of key business and lifestyle media assets and exclusive use of SGMN's global marketing network, significantly strengthening SNMI's position as the leading b2b interactive marketing services company in China.
Mentor Graphics Corporation
China Telecom Leader ZTE, Ltd. Chooses XtremePCB from Mentor Graphics to Optimize Team Design
WILSONVILLE, Ore., Nov. 3, 2005 (PRIMEZONE) -- Mentor Graphics Corporation (Nasdaq:MENT), the market and technology leader in printed circuit board (PCB) design solutions, today announced that ZTE, Ltd., the largest listed communication device maker and national wireless supplier in China, has purchased XtremePCB. This product, available as part of Mentor's Expedition Enterprise flow, helps facilitate a team design environment, allowing multiple members of a PCB design team to work simultaneously on a design from a single database on a global network, whether they are in the same office or dispersed all over the world. This team design environment significantly reduces ZTE's design cycle time to meet today's accelerated time-to-market demands.
LXE Awarded Mobile Star Award for Superior Customer Service for the Fourth Consecutive Year
ATLANTA, Nov. 3, 2005 (PRIMEZONE) -- LXE Inc., a leading manufacturer of rugged wireless computers that improve the performance of supply-chain execution applications, today announced that it has once again received the Mobile Star Award(tm) from MobileVillage(r) for the best customer service in the mobile hardware category. This is the fourth year in a row that LXE has won the prestigious award.