latest news releases from the newsroom
Freshstart Properties Inc.
Freshstart Properties Inc. Announces Purchase of Investment Property
TACOMA, Wash., Aug. 23, 2006 (PRIMEZONE) -- Freshstart Properties Inc. (Pink Sheets:FSPP), a publicly traded real estate company focused on acquiring, redeveloping and managing residential properties, is pleased to announce the purchase of a three-bedroom home situated on 15,000 square feet of land. There is potential for 3 new homes to be built on this site. The existing home located at 1731 South 48th Street in Tacoma was purchased for $181,250 and currently provides a rental income of $900/month. The closing is schedule to occur in 45 days.
Web.com to Present At Kaufman Brothers Ninth Annual Investor Conference
ATLANTA, Aug. 23, 2006 (PRIMEZONE) -- Web.com, Inc. (Nasdaq:WWWW), the leading destination for websites and web services for small businesses and consumers, today announced that it will present at Kaufman Brothers Ninth Annual Investor Conference in New York, NY on Thursday, September 7, 2006. The company is scheduled to present at 8:35 a.m. ET (5:35 a.m. PT).
Delta Mutual, Inc.
Delta Mutual Announces Further Strategic Expansion of Product Line
SELLERSVILLE, Pa., Aug. 23, 2006 (PRIMEZONE) -- Delta Mutual, Inc. (OTCBB:DLTM) specializing in energy recovery and construction services through environmentally-friendly technologies and products, announced that it's subsidiary, Delta-Envirotech, has signed an exclusive distribution agreement with Gas Imaging Technology, LLC (GIT) to provide an infrared gas imaging product, the Sherlock(r) system, for the Middle East.
O2Micro International Limited
ICSA Labs Grants Firewall Certification to O2Micro SifoWorks
GEORGE TOWN, Grand Cayman, Aug. 23, 2006 (PRIMEZONE) -- O2Micro(r) International Limited (Nasdaq:OIIM) (SEHK:0457), a leading supplier of innovative power management, and security components and systems, today announced SifoWorks(tm) M520 VPN Firewall product wholly satisfied version 4.1 of the ICSA (International Customer Service Association's) Labs Firewall Corporate Certification Testing Criteria.
Industrial Nanotech, Inc.
Industrial Nanotech Expands to China With New Distributor
NAPLES, Fla., Aug. 23, 2006 (PRIMEZONE) -- Industrial Nanotech (Pink Sheets:INTK), a company that specializes in nanotechnology innovation and product development, today announced that the Company has accepted an offer by Hangzhou Northstar Power Engineering Co, Ltd. (NPEC) to represent and distribute the Company's Nansulate line of coatings in China. Hangzhou NPEC is a privately owned Chinese company based near Shanghai that provides industrial supplies for the oil and gas industry, power plants, and civil infrastructure projects.
Foundry Networks, Inc.
Elder Health Selects Foundry Networks for Complete Network Redesign
SANTA CLARA, Calif., Aug. 23, 2006 (PRIMEZONE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that Elder Health, a provider of simplified and affordable Medicare Advantage health plans in four states plus Washington, D.C., has redesigned their network infrastructure with Foundry's high-performance switches to improve network control, increase reliability and leverage the benefits of Power over Ethernet (PoE) throughout their distributed locations.
Solutia Completes Sale of Pharmaceutical Services Business
ST. LOUIS, Aug. 23, 2006 (PRIMEZONE) -- Solutia Inc. (OTCBB:SOLUQ) today announced that its subsidiary, Solutia Europe SA/NV ("SESA"), has completed the sale of its Pharmaceutical Services business, comprised principally of SESA's subsidiary CarboGen Amcis AG. Dishman Pharmaceuticals and Chemicals Limited and its subsidiaries have purchased 100 percent of the stock of CarboGen Amcis AG, as well as certain other assets used in the Pharmaceutical Services business, for approximately $74.5 million, subject to a working capital adjustment.