latest news releases from the newsroom
WinSonic Digital Media Group, Ltd.
WinSonic Digital Media Group, Ltd. Executes Agreement with Automated Interiors
ATLANTA, Jan. 31, 2006 (PRIMEZONE) -- WinSonic Digital Media Group Ltd. (Pink Sheets:WDMG) announced today they have executed an agreement with Automated Interiors Inc. of Atlanta, Ga. Automated Interiors, a privately held, integrated, converged solutions provider is a leader in providing fully integrated and interactive residential and commercial solutions for cities, communities and facilities. Automated Interiors designs and installs electronic systems, home theaters, closed circuit television, structured wiring, lighting controls, music and video distribution, phone systems, and security automation systems.
Amateurs Can Succeed in Stocks
HOLDERNESS, N.H., Jan. 31, 2006 (PRIMEZONE) -- There is no financial challenge greater than investing in stocks. It is a game that nobody can afford to lose, particularly as pension plans and government entitlement programs erode. To survive, financial players must have a deep knowledge of the markets, trustworthy financial advice and good timing. In the compelling new book Buy on the Upside, authors Richard Howard and John Gordon present to readers an educational and detailed look at the world of retail investing.
First Horizon National Corporation
First Horizon National Corp. Sells Merchant Processing Business to NOVA
MEMPHIS, Tenn., Jan. 31, 2006 (PRIMEZONE) -- First Horizon National Corp. (NYSE:FHN) announced today that it has entered into a definitive agreement to sell its national merchant processing business, First Horizon Merchant Services (FHMS), to NOVA Information Systems (NOVA), a wholly owned subsidiary of U.S. Bancorp (NYSE:USB). As part of the agreement, First Horizon has also entered into an agreement that will offer NOVA's merchant processing services to First Horizon's current and prospective customers. The transaction, which is expected to close in the first quarter of 2006, is subject to customary approvals and closing conditions.
Enbridge Energy Management, L.L.C.
Enbridge Energy Management, L.L.C. Corrects Distribution Date Information
HOUSTON, Jan. 31, 2006 (PRIMEZONE) -- In a news release issued on January 30, 2006, Enbridge Energy Management, L.L.C. (NYSE:EEQ) declared a distribution of $0.925 per share payable February 14, 2006 to shareholders of record on February 7, 2006. EEQ erroneously reported that its next ex-dividend date is February 2, 2006. The correct ex-dividend date is February 3, 2006.
Acura Pharmaceuticals Inc.
Acura Pharmaceuticals, Inc. Secures Bridge Funding
PALATINE, Ill., Jan. 31, 2006 (PRIMEZONE) -- Acura Pharmaceuticals, Inc. (OTCBB:ACUR) today announced it has secured gross proceeds of $750,000 under a term loan agreement (the "Loan") with Essex Woodlands Health Ventures V, L.P., Care Capital Investments II, L.P., Care Capital Offshore Investments II, L.P., Galen Partners III, L.P., Galen Partners International III, L.P. and Galen Employee Fund III, L.P (collectively the "Bridge Lenders"). The Loan matures on June 1, 2006, bears an annual interest rate of 10%, is secured by a lien on all assets of the Company and its subsidiary, and is senior to all other Company debt. The Company will use utilize the net proceeds from the Loan to continue funding product development and licensing activities relating to OxyADF tablets and other product candidates utilizing its Aversion Technology. The Loan permits the funding of additional cash amounts subject to agreement by the Company and the Bridge Lenders. No assurance can be given, however, that any additional funding will be advanced to the Company under the terms of the Loan.