latest news releases from the newsroom
Power Integrations, Inc.
Jury Finds in Favor of Power Integrations in Patent Lawsuit Against Fairchild
SAN JOSE, Calif., Oct. 10, 2006 (PRIMEZONE) -- Power Integrations (Pink Sheets:POWI), the leader in high-voltage analog integrated circuits for power conversion, today announced that it has won a verdict in its patent-infringement lawsuit against Fairchild Semiconductor. A jury found that Fairchild has willfully infringed all four Power Integrations patents asserted in the case, and has awarded Power Integrations damages of approximately $34 million.
General Payment Systems, Inc.
Pacific Financial Solutions Appoints New President
LODI, Calif., Oct. 10, 2006 (PRIMEZONE) -- Pacific Financial Solutions, Inc. (Pink Sheets:PFUO), a leader in providing cashless ATM kiosks, Point-of-Banking (PBT) terminal technology and prepaid stored-value and Affinity "Gift to Give" prepaid gift cards, announced today the appointment of John A. Cutillo, Jr. as President of Pacific Financial Solutions, Inc. effective immediately. For the past six years, Mr. Cutillo has served as President of CACICOM, a privately held international telecommunications provider. Most recently, CACICOM has successfully operated an international commodities brokerage. Mr. Cutillo was responsible for business development, contract negotiations and project development for International Private Line Service (IPL) in addition to various domestic sales and marketing duties.
Ingen Technologies, Inc.
Ingen Technologies Begins Production of OxyView
YUCAIPA, Calif., Oct. 10, 2006 (PRIMEZONE) -- Ingen Technologies, Inc. (Pink Sheets:IGTG), a medical device manufacturer and research developer of "next generation" medical technologies, announced today that production of its newest OxyView(tm) medical device has commenced. Deliveries are scheduled for October 2006.
Transmeridian Exploration, Inc.
Transmeridian Exploration Receives Two-Year Extension of South Alibek Exploration Contract
HOUSTON, Oct. 10, 2006 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that it has received a two-year extension of its exploration contract for the South Alibek Field in Kazakhstan. The contract, which would have expired in April 2007, has now been extended to April 29, 2009. As a result of the extension, the Company will have two additional years to conduct exploration activities within its 14,000 acre South Alibek license area and increase the 3,500 acres currently approved as the commercial area for the South Alibek Field. The minimum work program under the extension is approximately $28 million, which includes the drilling of four additional wells.
Transocean Inc. Announces Third Quarter 2006 Earnings Release Date and Conference Call Information
HOUSTON, Oct. 10, 2006 (PRIMEZONE) -- Transocean Inc. (NYSE:RIG) today said it plans to report earnings for the three months ended September 30, 2006 on the morning of Thursday, November 2, 2006. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconference call at 10:00 a.m. Eastern. Individuals who wish to participate in the teleconference call should dial 913-981-5591 and refer to confirmation code 4658614 approximately five to 10 minutes prior to the scheduled start time of the call.
New Medium Enterprises, Inc.
New Medium Enterprises Announces First-Generation VMD Player
CANNES, France, Oct. 10, 2006 (PRIMEZONE) -- MIPCOM -- New Medium Enterprises (NME) (OTCBB:NMEN), developers of high-definition platforms, processes and technologies, has announced the release of its first-generation HD VMD player, offering true high definition to the international mass consumer market at an affordable price. The player, which will retail for $175, will allow consumers for the first time to experience high definition at a low cost on a backwards-compatible player, capable of playing existing DVD formats.
Junior League of Orange County California
First-Class Travel Packages Featured in Silent Auction at The Christmas Company Opening Night Gala
NEWPORT BEACH, Calif., Oct. 10, 2006 (PRIMEZONE) -- "Formals and Flip-Flops," this year's black-tie optional Opening Night Gala, kicks off The Christmas Company shopping extravaganza at 7 p.m., Saturday, Oct. 14. The evening includes an exciting silent auction in addition to entertainment, small-plate dining, and a preview of 90 merchant booths. The event held at the Newport Dunes Waterfront Resort is hosted by the Junior League of Orange County, Calif., Inc. (JLOCC), which uses the funds raised to benefit charitable groups throughout the county.