latest news releases from the newsroom
Alfa Laval Receives Heat Exchanger Order for Natural Gas Project in Qatar
STOCKHOLM, Sweden, Aug. 12, 2005 (PRIMEZONE) -- Alfa Laval -- a world leader in heat transfer, centrifugal separation and fluid handling -- has received an order from CTEP for the supply of plate heat exchangers for a major liquid natural gas project in Qatar. The Alfa Laval plate heat exchangers will be used for central cooling, using seawater for cooling the liquid natural gas facility. The total order value is about SEK 120 million and the final delivery will be in the end of 2006.
Galapagos and High Q Foundation Announce in Principle Agreement on 2.4 million Alliance to Discover Drug Targets for Huntington Disease
MECHELEN, Belgium and NEW YORK, Aug. 12, 2005 (PRIMEZONE) -- The High Q Foundation Inc., a foundation that supports research aimed at finding diagnoses, treatments, cures and preventions of Huntington Disease, and Galapagos (Nasdaq:CRXL), a genomics-based drug discovery company, today announced that they have reached agreement in principle for a two-year target discovery alliance. The organizations will apply Galapagos' adenoviral siRNA (SilenceSelect(r)) and cDNA (FLeXSelect(r)) collections and expertise in biology driven target discovery and validation of novel drug targets for the development of new Huntington Disease therapies. Galadeno, Galapagos' partnering unit, will perform the research in this collaboration. Under the terms of the agreement, Galapagos may receive up to 2.4 million ($3 million) from the High Q Foundation. In addition, Galapagos has the option to further develop certain targets identified in the program. It is anticipated that the final agreement will be signed before October 1, 2005.
Trintech Group Plc
Trintech Group Plc Announces Preliminary Second Quarter Fiscal Year 2006 Results
DUBLIN, Ireland and DALLAS, Aug. 12, 2005 (PRIMEZONE) -- Trintech Group PLC (Nasdaq:TTPA), a leading provider of transaction reconciliation and secure payment infrastructure solutions, announced today that it expects revenues for the second quarter, ended July 31, 2005, to be in the range of $12.25 million to $12.75 million. Revenue is lower than previously expected primarily due to a slowdown in demand for Chip and PIN (EMV) solutions in Europe and delays in the adoption of EMV unattended payment solutions.
Straumann Holding AG
Straumann: Media Release / Interim Report January-June 2005
BASEL, Switzerland, Aug. 12, 2005 (PRIMEZONE) -- In the first six months of 2005, Straumann (Other OTC:SAUHF) Group sales rose 19% in local currencies (l.c.), or 18% in Swiss francs to CHF 256 million on top of an exceptionally strong comparative period of last year. With operating profit rising 20% to CHF 80 million, net income grew 25% to CHF 68 million. Correspondingly, the operating and net margins expanded to 31% and 27% respectively, while earnings per share rose 25% from the first half of 2004 to CHF 4.37. Straumann created a further 96 new jobs in the first six months of 2005 and increased its total number of employees to 1,228.
Kinetitec Presents at the ISEC-SMT 2005
SPOKANE, Wash., Aug. 11, 2005 (PRIMEZONE) -- Kinetitec Corporation, a private company offering customizable friction reduction solutions, announces that Jane E. Buehler, Chief Technology Officer and Kay D. Bowles, Research and Development Manager presented at ISEC-SMT 2005, the International Surface Engineering Congress (ISEC) and the Surface Modification Technologies Conference (SMT), on Monday, August 1 in St. Paul, Minnesota. This presentation was part of the Micro/Nanoscale Tribology Pin-On-Disc study of innovative surface treatment for reducing friction and wear utilizing solid lubricants.
TOUSA Withdraws Common Stock Offering
HOLLYWOOD, Fla., Aug. 11, 2005 (PRIMEZONE) -- Technical Olympic USA, Inc. (NYSE:TOA) announced today that the Company and its majority shareholder have decided not to proceed at this time with its previously announced common stock offering due to market conditions.
Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. Announces New Executive Vice President and Chief Operating Officer
SPRINGFIELD, Mo., Aug. 11, 2005 (PRIMEZONE) -- Guaranty Federal Bancshares, Inc, ("the Company") (Nasdaq:GFED), the holding company for Guaranty Bank, announced today the appointment of Carter M. Peters as Executive Vice President and Chief Operating Officer of the Company and of Guaranty Bank effective August 8, 2005. Prior to joining the Bank, Mr. Peters, age 35 was employed by Southern Missouri Bank in Marshfield, Missouri for approximately two years where he served as Chief Financial Officer. Prior to Southern Missouri Bank Mr. Peters was employed by BKD, LLP for approximately eleven years.
EYI Industries Inc
EYI Industries Enters Letter of Intent Worth an Estimated US$210 Million
BURNABY, British Columbia, Aug. 11, 2005 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII) (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that it has entered into a Letter of Intent ("LOI") for the sale of an undisclosed number of Patented Code Blue(tm) filtration systems over a 2-year period with the Guangzhou CEIEC Enterprise (GROUP) CO. LTD. ("Guangzhou CEIEC"), a subsidiary of The China National Electronics Import & Export Corporation ("CEIEC").