latest news releases from the newsroom
The Pomerantz Firm Charges Newpark Resources with Securities Fraud -- NR
NEW YORK, May 5, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court for the Eastern District of Louisiana, against Newpark Resources ("Newpark" or the "Company") (NYSE:NR) and certain of its officers, on behalf of purchasers of Newpark securities during the period from February 28, 2005 to April 13, 2006, both dates inclusive (the "Class Period"). The complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated thereunder.
Scientific Industries, Inc. Advised by Long Term Principal Distributor of Intended Reduced Marketing Role
BOHEMIA, N.Y., May 5, 2006 (PRIMEZONE) -- Scientific Industries, Inc. (OTCBB:SCND) has been advised by the Global Distribution Services Group of Fisher Scientific Company L.L.C., its principal customer and distributor for more than 30 years, of a change in the distributor's marketing of the Company's products. While Fisher will continue to offer the Company's products, including the Vortex-Genie 2 Mixer, it will discontinue the products' current catalogue number, note that the number has been discontinued, and assign a different catalogue number to the product. It will also exclude the product from future printed catalogues. The Company believes that Fisher intends to market and promote a competitive private label product. As a result of the change, Fisher will no longer purchase products from the Company for inventory. All Scientific Industries' sales to Fisher customers will be filled by direct shipment. Sales to Fisher of the Company's products, predominantly the Vortex-Genie 2 Mixer and related accessories, accounted for approximately 23% and 24% of the Company's revenues for the year ended June 30, 2005, and the nine months ended March 31, 2006, respectively.
Turnaround Partners, Inc.
Hecla Mining CEO Phil Baker to Appear On 'Corporate Strategies With Tim Connolly' Sunday, May 7, 2006 At 9:00 pm EST
HOUSTON, May 5, 2006 (PRIMEZONE) -- Hecla Mining (NYSE:HL) CEO Phil Baker to appear Sunday, May 7, 2006 at 9:00 pm EST on "Corporate Strategies with Tim Connolly." Mr. Baker will be discussing the Company's record earnings reported this week, as well as growth prospects for Hecla. Emerge Capital Corp. (OTCBB:EMGC) is the lead sponsor of The Corporate Strategies Business Talk Radio Show, which may be heard on KSEV AM 700 in Houston, Texas, WGCH AM 1490 in Greenwich, Connecticut, WSBR AM 740 in Boca Raton, Florida, and on over 400 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. Listeners may call in questions live and toll free to Phil Baker or Tim Connolly at 1 (866) 606-TALK (8255). Previous guests of the show have included U.S. Senator John McCain, ChangeWave Research's Bryan Perry, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.
Marel Food Systems
Marel Q1 News release
GARDHABAER, Iceland, May 5, 2006 (PRIMEZONE) -- Sales for the first quarter of 2006 totalled EUR 32.5 million (ISK 2.5 billion), compared with EUR 29.9 million (ISK 2.4 billion) during the same period the previous year. Sales therefore increased by about 8%.
Selected ImmuDyne Patented Products Published in Research Papers
FLORENCE, Ky., May 5, 2006 (PRIMEZONE) -- ImmuDyne (Pink Sheets:IMMD), the leading Yeast Beta Glucan Company, today announced four recent research publications of studies involving selected ImmuDyne Patented Products. The studies, which can be viewed in the library section at the Company's website (www.immudyne.com), are entitled:
Entertainment Games, Inc.
eGames Contributes to the 'Gift of Life Donor Program'
LANGHORNE, Pa., May 5, 2006 (PRIMEZONE) -- eGames, Inc. (OTCBB:EGAM), a publisher of consumer entertainment PC software games, today announced that Kristin Simko, a long time eGames employee who now works with our product development team as an outside consultant, completed her three kilometer walk in the "Dash for Donor Awareness" held in Philadelphia, PA, on Sunday, April 23, 2006, to benefit the Gift of Life Donor Program www.donors1.org.
Buy Rating on Altera from DonHarrold.net
SHREVEPORT, La., May 5, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Citigroup (NYSE:C), JetBlue Airways Corp (Nasdaq:JBLU), BEA Systems Inc (Nasdaq:BEAS), and Altera Corp (Nasdaq:ALTR).