latest news releases from the newsroom
Cohen Milstein Sellers & Toll PLLC
Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Announces Class Action Lawsuit On Behalf Of Investors Of Xybernaut Corporation -- XYBRE
WASHINGTON, May 9, 2005 (PRIMEZONE) -- The law firm of Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has filed a lawsuit on behalf of its client and on behalf of other similarly situated purchasers of the securities of Xybernaut Corporation ("Xybernaut") (Nasdaq:XYBRE) common stock between May 10, 2002 and April 8, 2005, inclusive (the "Class Period"), in the United States District Court for the Eastern District of Virginia.
Dobson Communications Corporation
Dobson Communications Reports First Quarter 2005 Results
OKLAHOMA CITY, May 9, 2005 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) today reported a net loss applicable to common shareholders of $25.4 million, or $0.19 per share, for the first quarter ended March 31, 2005. The net loss included a $9.4 million income tax benefit for the quarter. (See Table 1.) This compares with the first quarter of 2004, when Dobson reported a net loss applicable to common shareholders of $16.5 million, or $0.12 per share. The net loss included a $5.7 million gain from extinguishment of debt and a $4.0 million income tax benefit.
Leisure Direct Inc.
Leisure Direct to Consolidate Backyard Recreational Industry
PERRYSBURG, Ohio, May 9, 2005 (PRIMEZONE) -- Leisure Direct (OTCBB:LDTI) is a unique, innovative company in the pool, spa and backyard recreation industry. The company was founded in 1999, specifically to become a major competitor in that industry by consolidating the fragmented market and implementing a multi-faceted and direct approach to sales, marketing and distribution that can enable the company to provide a wide range of products and services for this industry. Leisure Direct intends to be both a manufacturer and retailer of outdoor, backyard recreational products and to deliver these products directly to customers nationwide. Leisure Direct is currently the only known manufacturer of both swimming pools and spas. The company has started this effort on a regional basis and is expanding nationally. In addition, the company also has a division in the direct import and marketing of household leisure and gift items.
TransAKT Interview Debut on Streetcast.tv
VANCOUVER, British Columbia, May 9, 2005 (PRIMEZONE) -- TransAKT Corp. ("TransAKT" or the "Company") (OTCBB:TKTJF) today announces that the Company's COO, Ted Pomerleau, was interviewed on Market Grade by Carmelina Cupo on Streetcast.tv.
Silverado Financial, Inc.
Silverado Financial Acquires Core One Mortgage, Inc.
PLEASANTON, Calif., May 9, 2005 (PRIMEZONE) -- Silverado Financial, Incorporated, (OTCBB:SLVO), a rapidly expanding mortgage bank focused on non-prime borrowers, announced today that it has acquired Core One Mortgage Inc., a Chicago-based sub-prime mortgage broker ("Core One") and fifty percent of Liberty Settlement Services, a Pennsylvania-based title company for $3,000,000 in a combination of cash, preferred stock and structured debt.