latest news releases from the newsroom
The Project Group Inc.
The Project Group Announces Dismissal of Sarbanes-Oxley Complaint of Former Controller
HOUSTON, Oct. 19, 2005 (PRIMEZONE) -- The Project Group, Inc. (Pink Sheets:PJTGQ), a leader in project management solutions, announced today that the U.S. Department of Labor has dismissed a complaint that was filed against The Project Group by its former Controller, Charlsie Idol, under the employee protection provisions of the Sarbanes-Oxley Act, finding no violation of the Sarbanes-Oxley Act by The Project Group. Craig Crawford, President of The Project Group, stated, "The Company has believed from the beginning that these complaints had no validity." The Department of Labor stated in part in its findings that the complaint was investigated and determined to have no merit; "there is no reasonable cause to believe that (The Project Group) violated (the Sarbanes-Oxley Act)," and The Project Group's reasons for discharging Ms. Idol were "made for non-discriminatory business reasons." Either party has thirty days to file objections to the Department of Labor's findings and request a hearing for de novo review with an Administrative Law Judge. If no objections are timely filed, the Department of Labor's findings become final.
SmallCap Sentinel: Despite Breakthroughs, Stem Cell Companies Volatile
IRVINE, Calif., Oct. 19, 2005 (PRIMEZONE) -- "Recent and dramatic stem cell advancements have been met with great volatility in the marketplace," stated SmallCap Sentinel analyst, D.R. Clark. "Stem cell company stock prices have not necessarily benefited from what can be described as historic achievements, as well as potential breakthroughs in resolving moral issues surrounding research. This could well be a condition of the overall market and biotechnology- not simply an indicator of current interest in stem cells."
Micronic Receives Exchange Order for an LRS Series Pattern Generator
TABY, Sweden, Oct. 19, 2005 (PRIMEZONE) -- Micronic Laser Systems AB, (Stockholm Stock Exchange's "Attract 40 list": MICR) a leading global supplier of laser pattern generators for photomasks, today received an exchange order from a customer in Asia. Under the terms of the order the customer will take delivery of an LRS series laser pattern generator in exchange for a previously ordered metrology system MMS15000.
Wolters Kluwer at 2005 Frankfurt Book Fair
FRANKFURT, Germany and AMSTERDAM, Netherlands, Oct. 19, 2005 (PRIMEZONE) -- Wolters Kluwer, a leading multi-national information services company, announces its participation at the 2005 Frankfurt Book Fair, the world's largest trade fair for books, multimedia and communications. Throughout the event, over 200 Wolters Kluwer staff from around the world will represent top Wolters Kluwer brands and introduce a wealth of innovative new products.Health, tax, accounting, legal and regulatory businesses can be found in Hall 4.2 (Stand M401). Here, flagship products from leading brands such as Aspen Publishers, CCH, Croner, Ipsoa, Kluwer Law International, Lamy, Lippincott Williams & Wilkins, Luchterhand and Ovid Technologies can be explored.