latest news releases from the newsroom
Cardtronics Announces Second ATM Branding Agreement with Sovereign Bancorp
HOUSTON, May 11, 2006 (PRIMEZONE) -- On the heels of a recent agreement that will enable Sovereign Bank to brand nearly 900 cash dispensing Automatic Teller Machines (ATMs) in CVS/pharmacy locations across the northeastern United States, Sovereign Bank and Cardtronics Inc. announced today that Sovereign has elected to expand its existing branding agreement to include an additional 484 ATMs in CVS/pharmacy locations in the New York tri-state area. Installations are expected to be completed on the initial 900 by the end of summer. As with the original agreement, all Sovereign branded ATMs in CVS/pharmacy stores will be surcharge-free to Sovereign Bank customers.
Dobson Communications Corporation
Dobson Communications Announces Proposed Offering of Debt Securities
OKLAHOMA CITY, May 11, 2006 (PRIMEZONE) -- Dobson Communications Corporation (the "Company") (Nasdaq:DCEL) today announced that its wholly owned subsidiary Dobson Cellular Systems, Inc. ("Dobson Cellular") intends to offer, subject to market and other conditions, $250 million principal amount of 8 3/8% Series B First Priority Senior Secured Notes due 2011 (the "Notes"). The Company intends to use the net proceeds from the offering, along with cash on hand, to purchase all of Dobson Cellular's First Priority Senior Secured Floating Rate Notes due 2011 (the "Floating Rate Notes") tendered pursuant to the previously announced tender offer and consent solicitation and to redeem, defease or otherwise discharge any remaining Floating Rate Notes.
WorldWater & Solar Technologies
WorldWater & Power Announces School Contract Worth $850,000 with North Jersey School
PENNINGTON, N.J., May 11, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced the signing of a contract with the Gerrard Berman Day School, Solomon Schechter of North Jersey (GBDS-SSNJ) located in the Bergen County community of Oakland. Under the terms of the agreement, GBDS-SSNJ will purchase solar generated electricity from a system provided by WorldWater & Power that will be installed on the school's roof. GBDS-SSNJ will not pay for the system or installation but rather commits to buying solar electricity from a third party financing entity for the next ten years at a discounted rate, 10% below their electric utility rate.
Dobson Communications Corporation
Dobson Communications Purchases Highland Cellular LLC
OKLAHOMA CITY, May 11, 2006 (PRIMEZONE) -- American Cellular Corporation, a subsidiary of Dobson Communications Corporation (Nasdaq:DCEL), announced today that it has agreed to purchase Highland Cellular LLC, which provides cellular wireless service to southern West Virginia and two adjacent counties in Virginia. The market is primarily south of markets that Dobson owns and operates in West Virginia, southern Ohio and Pennsylvania, and western Maryland.
Zeros & Ones, Inc.
Zeros & Ones, Inc. Completes Acquisition of RocketStream, Inc.
SANTA MONICA, Calif., May 11, 2006 (PRIMEZONE) -- Zeros & Ones, Inc. (Pink Sheets:ZROS) today announced the acquisition of RocketStream Holding Corporation, the parent company of RocketStream, Inc., as part of its growth through acquisition strategy. The acquisition was completed pursuant to the issuance of 48,235,000 shares of unregistered common stock in exchange for 100% of the shares of RocketStream Holding Corporation.
Genesis Pharmaceuticals Enterprises, Inc.
Genesis and Beijing Pharmaceuticals Partner Announce Four New Drugs and Revenues Increase
BOCA RATON, Fla., May 11, 2006 (PRIMEZONE) -- Genesis Technology Group, Inc. (OTCBB:GTEC) announced that Lotus Pharmaceuticals, Inc., its health care and pharmaceuticals partner in Beijing, has commenced programs to increase its 2006 revenues above $20 million with about 15% in net profits, to launch its new U.S. public corporation through a reverse merger, and to establish Lotus as a national brand in China. New facilities, manufacturing capability, and four drugs scheduled to come to market in the fall all contributed to the increased forecasts. Based on these revised projections and its significant equity stake in Lotus, Genesis estimates its own net gain could exceed $2 million.
Urban Outfitters, Inc.
Urban Outfitters Announces Q1 Earnings
PHILADELPHIA, May 11, 2006 (PRIMEZONE) -- Urban Outfitters, Inc. (Nasdaq:URBN), a leading lifestyle consumer products company operating under the Anthropologie, Free People and Urban Outfitters brands, today announced first quarter earnings of $20.3 million for the three months ended April 30, 2006 and first quarter diluted earnings per share of $0.12.