latest news releases from the newsroom
Friendly Energy Corporation
Friendly Energy Update
CARSON CITY, Nev., Oct. 3, 2006 (PRIMEZONE) -- Friendly Energy Corp. (Pink Sheets:FDEG) reports today that its joint venture partner, D-Mil Productions, indicates that the North Asher No. 1 well has now been completed with the down hole pump installation. D-Mil reports that oil production should commence immediately.
Microsemi Awarded $1.8M R&D Contract to Develop Silicon Carbide RF Power Products for Airborne Avionics
IRVINE, Calif., Oct. 3, 2006 (PRIMEZONE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog/mixed signal integrated circuits and high reliability semiconductors, has announced that Congress has appropriated $1.8 million to allow Microsemi's Power Products Group (formerly Bend, Oregon-based Advanced Power Technology) to develop technology related to the use of silicon carbide semiconductor components in military avionics applications. It is expected that the program will be administered by AFRL (Air Force Research Laboratory). This funding was included in the Fiscal Year 2007 Defense Appropriations Act and strongly supported by the Oregon Congressional Delegation.
XOMA to Humanize Attenuon's Novel Anti-Cancer Antibody
BERKELEY, Calif. and SAN DIEGO, Oct. 3, 2006 (PRIMEZONE) -- XOMA Ltd. (Nasdaq:XOMA) and Attenuon, LLC today announced an agreement for XOMA to utilize its Human Engineering(tm) (HE(tm)) technology to humanize a monoclonal antibody targeting the urokinase plasminogen activator (uPA) system for the treatment of cancer. The uPA system plays a central role in multiple pathways and processes related to tumor growth, metastasis, and angiogenesis (the growth of new blood vessels that feed tumors). Attenuon will pay XOMA an up-front fee, development milestones, and royalties. Attenuon will retain all development and commercialization rights to the antibody. Additional financial terms were not disclosed.
Health Seekers Get Their Own Social Networking Site
NEW YORK, Oct. 3, 2006 (PRIMEZONE) -- OrganizedWisdom, LLC today announced that it has launched the first health-focused social networking site, where consumers, health care professionals, and health organizations can collaborate and share knowledge on more than 6,500 health topics. OrganizedWisdom.com was founded by Internet industry veterans Steven Krein and Unity Stoakes to improve how people find and share health information by linking trusted, evidence-based information with practical user-generated health advice, ratings and recommendations.
CDMA Development Group
CDMA2000 1xEV-DO Rev. A Breaks New Ground With Device Availability
COSTA MESA, Calif., Oct. 3, 2006 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) is pleased to report that there are eight CDMA2000(r) 1xEV-DO Revision A (Rev. A) mobile broadband devices that are available on the market today, with three of these devices already being sold at retail locations. For the first time in wireless history, devices for a new technology (Rev. A) are being sold prior to the commercial deployment of the technology anywhere in the world. Usually, it is the other way around since manufacturing "commercially ready," small form factor devices is more challenging than integrating the new technology into base stations and channel cards. Until the introduction of Rev. A, the timeline for all new technology network deployments have been driven by the commercially availability of its devices. The evolutionary and seamless upgrade to Rev. A demonstrates the maturity and responsiveness of the CDMA2000 industry, as well as the power of retaining forward and backward compatibility.