latest news releases from the newsroom
I.D. Systems, Inc.
I.D. Systems Receives Order for Wireless Fleet Management System to be Deployed At Alcoa Facility in Iceland
HACKENSACK, N.J., Sept. 17, 2007 (PRIME NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless asset tracking and management solutions, today announced it has received a non-exclusive purchase order from Alcoa (NYSE:AA) to deploy I.D. Systems' Wireless Asset Net(r) industrial vehicle management system on a fleet of material handling equipment at Alcoa's new manufacturing complex in Iceland, one of the most modern, environmentally-friendly aluminum production facilities in the world. The purchase order includes system hardware, software, implementation services, and ongoing maintenance and technical support services for a term of 60 months, including the initial warranty period. Alcoa will have the option to secure material handling equipment from a variety of partners, including those in Iceland.
Capital Product Partners L.P.
Capital Product Partners L.P. Announces Earlier Than Anticipated Delivery Dates For Its Eleventh and Twelfth MR Product Tankers
ATHENS, Greece, Sept. 17, 2007 (PRIME NEWSWIRE) -- Capital Product Partners L.P. (Nasdaq:CPLP) announced today that the deliveries of its eleventh and twelfth medium range (MR) product tankers, M/T "Apostolos" and M/T "Anemos I", from Hyundai Mipo Dockyard Ltd., a Korean shipyard, have been confirmed, ahead of the anticipated time of delivery, for September 20 and September 28, 2007, respectively.
Colony Bankcorp, Inc.
Colony Bankcorp, Inc. Raises $5,000,000 in Floating Rate Trust Preferred Securities Offering
FITZGERALD, Ga., Sept. 17, 2007 (PRIME NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) announced the completion of a $5,000,000 private placement of floating rate trust preferred securities ("Capital Securities") through its wholly owned subsidiary, Colony Bankcorp Capital Trust III.
Entertainment Games, Inc.
eGames Announces Recent Executive Officer Stock Purchases
LANGHORNE, Pa., Sept. 17, 2007 (PRIME NEWSWIRE) -- eGames, Inc. (Pink Sheets:EGAM), a developer and publisher of games for the PC and the Internet, today announced recent open market stock purchases by two of its executive officers. Gerald W. Klein, President and CEO, purchased 51,000 shares of eGames, Inc. Common Stock, bringing his total current holdings of eGames Common Stock to 610,000 shares. Lars Fuhrken-Batista, Vice President of Development, purchased 10,000 shares of eGames Common Stock, and he now has current total holdings of 10,000 shares.
Cree Announces Expanded Patent Cross License With Nichia
DURHAM, N.C., Sept. 17, 2007 (PRIME NEWSWIRE) -- Cree, Inc. (Nasdaq:CREE) today announced that Cree and Nichia Corporation have entered into an agreement that expands their cross license arrangements announced in 2002 and 2005 to include additional patents relating to white LED technology and certain Cree patents relating to nitride lasers. The agreement also resolves infringement claims Nichia had asserted against LED products sold by COTCO International Limited, a subsidiary of COTCO Luminant Device Limited, prior to Cree's acquisition of COTCO Luminant Device Limited and its subsidiaries in March 2007.
JetBlue Airways Corporation
JetBlue Appoints Glenn Hipp Vice President - Supply Chain and Fuel
NEW YORK, Sept. 17, 2007 (PRIME NEWSWIRE) -- JetBlue Airways (Nasdaq:JBLU) today announces the appointment of Glenn Hipp to the position of Vice President - Supply Chain and Fuel. Mr. Hipp will be responsible for company-wide sourcing efforts, corporate purchasing, as well as JetBlue's fuel procurement strategy. He will report to John Harvey, JetBlue's Executive Vice President and Chief Financial Officer.