latest news releases from the newsroom
Mayfair Mining & Minerals, Inc.
Mayfair Mining & Minerals, Inc. Enters Into a New Joint Venture Agreement to Develop Eight Mining Licenses in the Zambian Copper Belt.
NEW YORK, Feb. 26, 2008 (PRIME NEWSWIRE) -- Mayfair Mining & Minerals, Inc. (Pink Sheets:MFMM)(Frankfurt:M1M) is pleased to announce that, on February 15, 2008, the Company entered into an agreement with His Royal Highness Chief Chizela IX of Mufumbwe District, North Western Province, Zambia, to develop eight mineral licenses under his ownership. As part of the agreement, Mayfair will incorporate a Zambian subsidiary Mayfair Kalengwa Limited, with offices in Zambia, and the shares in the new subsidiary will be held 60% by Mayfair Mining & Minerals, Inc., and 40% by Chief Chizela IX.
Harsco Expands Global Footprint With New Presence in Panama's Booming Construction Economy
HARRISBURG, Pa., Feb. 26, 2008 (PRIME NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today the further expansion of its international footprint with the establishment of a new operating presence in Panama for Harsco's Access Services business group, a world leader in providing comprehensive scaffolding and concrete formwork solutions to the non-residential construction, infrastructure, and industrial maintenance markets.
Integrated BioPharma, Inc.
Integrated BioPharma Announces Appointments to Senior Management Group
HILLSIDE, N.J., Feb. 26, 2008 (PRIME NEWSWIRE) -- Integrated BioPharma, Inc. (Nasdaq:INBP) announced today that Carl DeSantis, the founder, principal owner and former Chairman and CEO of Rexall Sundown, Inc., has become the Co-Chairman of the Company to lead the next stage of development of its liquid nutritional and vitamin businesses weighted heavily toward nutraceutical products. Last week, Mr. DeSantis increased his beneficial ownership of equity and debt in the Company by $7.5 million with an investment of $3.0 million in the Company's Series C Convertible Preferred Stock and the purchase of a $4.5 million Convertible Note. At the same time, Imperium Master Fund, Ltd. purchased $3.0 million of the Company's Series C Convertible Preferred Stock and a $7.0 million Secured Note.
Verso Technologies, Inc.
Verso Hires Former Level 3 Communications Executive Jeffrey Donahue to Head North American Sales
ATLANTA, Feb. 26, 2008 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced that it has hired Jeffrey Donahue, to head North American Sales. Prior to joining Verso, Mr. Donahue was the Senior Vice President for Sales and Operations for TelCove/Level 3 Communications. As a member of the executive management team from 2003 to 2007, he was responsible for all sales and field operations for a $400 million business and managed a staff of 800 people. Prior to that, Mr. Donahue held a variety of different positions with TelCove and Adelphia Communications, including RVP of the NE Region for TelCove and the creation and rollout of several different competitive services for Adelphia Communications, including High Speed Internet Access, Paging and Long Distance services.
Verso Technologies, Inc.
Verso Names Dan Daly to Senior Vice President - General Manager Backhaul Solutions Business
ATLANTA, Feb. 26, 2008 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced that it has named Dan Daly, a 27-year veteran of the telecommunications business, to the position of Senior Vice President and General Manager of Backhaul Solutions. Daly comes to Verso from AccessGate, which was acquired by Verso in December 2007 from NMS Communications (Nasdaq:NMSS). Daly joined NMS as Director of Specials Engineering in 1995, where he worked on custom development projects for significant customers. He advanced to become Vice President of Product Development for VoIP Products, then Vice President of Business Development for Access Backhaul. In 2005, he was named Vice President and General Manager responsible for the infrastructure business at NMS.