latest news releases from the newsroom
FiSpace.Net: Doctor Lauds Long-Term Health Benefits of an Organic Diet
IRVINE, Calif., July 22, 2008 (PRIME NEWSWIRE) -- "The rise of organic food consumption is clearly driven by the desire for healthier foods," stated FiSpace.net's Shannon Squyres. "Monday's news from Organic Alliance, Inc. (Pink Sheets:ORGC) announcing a line-up of doctors to its advisory board certainly signals progress and stature for the promising organic food company. Adding a strong panel of doctors to its Medical Advisory Board is both a necessity and a boon to the company's fortunes."
Entropic Communications Technology Improves Quality and Increases Functionality of DBS Product Solutions
SAN DIEGO, July 22, 2008 (PRIME NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon solutions to enable connected home entertainment, today announced the company is working with EchoStar Technologies L.L.C. to develop additional outdoor unit solutions leveraging Entropic's Band Translation Switch (BTS) technology. The innovative BTS technology is capable of supporting two tuners over a single cable for cost-effective and efficient delivery of satellite services. The on-going product development collaboration between EchoStar and Entropic is creating technology that improves customer quality, value, and control.
STEC to Present At the Pacific Crest Securities Technology Leadership Forum
SANTA ANA, Calif., July 22, 2008 (PRIME NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) announced today that Dan Moses, the company's CFO, will present at Pacific Crest Securities' 10th Annual Technology Leadership Forum on Tuesday, August 5th at 10:00 a.m MT. The Conference is being held at the Sonnenalp Resort in Vail, Colorado.
ContextWeb Closes $26 Million Series D Round of Funding
NEW YORK, July 22, 2008 (PRIME NEWSWIRE) -- ContextWeb, Inc., a leading contextual advertising company and operator of the ADSDAQ Exchange, announced today that it has closed a $26 million Series D round of funding. "We had tremendous interest in the company and received numerous good financing proposals," says Anand Subramanian, CEO of ContextWeb, Inc. "We chose Investor Growth Capital as our partners to lead the round for their market expertise, track record in creating sector leading companies and ability to help us expand in markets outside North America, especially in Europe." All of the existing investors in the Company, which includes DFJ, DFJ Gotham Ventures, Updata Partners, DFJ New England, plus Gold Hill Capital also participated. This round of funding, combined with three previous rounds, brings ContextWeb's total equity investment to date to $54 million.