latest news releases from the newsroom
ATA Airlines, Inc.
ATA Holdings Receives U.S. Bankruptcy Court Approval on the Adequacy of Its First Amended Disclosure Statement
INDIANAPOLIS, Dec. 14, 2005 (PRIMEZONE) -- ATA Holdings Corp. (the "Company") (ATAHQ) and four of its subsidiaries, including ATA Airlines, Inc. (the "Reorganizing Debtors"), today received approval from the U.S. Bankruptcy Court on the adequacy of its First Amended Disclosure Statement (the "Disclosure Statement"). This approval permits the Reorganizing Debtors to forward the Disclosure Statement and its related First Amended Joint Chapter 11 Plan for Reorganizing Debtors (the "Plan") for solicitation of votes on confirmation. If the Plan is confirmed, the Reorganizing Debtors expect to emerge from Chapter 11 by the end of February 2006.
General Payment Systems, Inc.
Pacific Financial Appoints Steve Van Hauen to Board of Directors
LODI, Calif., Dec. 14, 2005 (PRIMEZONE) -- Pacific Financial Solutions, Inc. (Pink Sheets:PFUO), a leader in providing cashless ATM and wireless POS devices featuring Pacific's Point-of-Banking (PBT) terminal technology, Merchant Processing and stored-value cards, announced today the appointment of Dr. Steve Van Hauen to its board of directors. Dr. Van Hauen, an accomplished real estate developer, is the owner, Chairman and CEO of Santa Fe Investment Corporation, a real estate and financial firm. Dr. Van Hauen has a Ph.D. in Accounting and Finance and has taught at both the undergraduate and graduate level in several major universities throughout the Southwest.
ACE DuraFlo Systems, LLC Reaches 3,000th Home Milestone
LOS ANGELES, Dec. 14, 2005 (PRIMEZONE) -- ACE DuraFlo Systems, LLC reaches a company milestone today by restoring the plumbing in 3,000 residential homes in the United States. The company has franchise operations throughout the United States. In 1999 ACE DuraFlo began restoring the potable water pipes in high profile hotels by applying its unique epoxy barrier coating within the existing plumbing system. The restoration process allowed the hotels to avoid expensive demolition costs associated with a traditional plumbing repipe and allowed the hotels to put their rooms back into service much more quickly. The process prevents pinhole leaks, increases water flow and prevents the leaching of heavy metals, such as lead, into the water supply. In 2001 the company expanded its operations to the residential market by offering the service to homeowners. The process results in an epoxy protected piping system called ePIPE(tm).
Access Tech, Inc.
Three of Southern California's Premier Technology Companies Have Merged to Form Access Tech, Inc.
VALENCIA, Calif., Dec. 14, 2005 (PRIMEZONE) -- Three of Southern California's premier technology companies have merged to offer audio, video, and IT services to businesses, homeowners and homebuilders. Cuda Electronics, Al-ter Computers, and Crystal Clear Audio & Video now offer structured wiring, computer services, and home theater installations under one roof.
Wastech, Inc. Announces Efforts to Acquire International Paper Plant in Corinth, New York
CHARLESTON, S.C., Dec. 14, 2005 (PRIMEZONE) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today announced that on September 6, 2005 the Company entered into a Term Sheet with Philmet Capital Group, LLC (Philmet), wherein it would have a multi-year Lease Purchase of the International Paper (IP) plant in Corinth, New York, for the purpose of creating "green-energy" through use of a proprietary gasification system for alternate energy and fuel production.
Delta Air Lines, Inc.
Celebrate! Delta Extends Holiday Cheer to Customers with Special Airfares, Bonus SkyMiles for December Travel
ATLANTA, Dec. 14, 2005 (PRIMEZONE) -- Delta Air Lines employees around the world are ready to make the holiday travel experience stress- and worry-free for the more than 4 million customers who will choose to fly Delta between now and the New Year. As a holiday gift, the airline is offering customers special discount airfares starting as low as $59 each way (based on a round-trip purchase, and additional taxes, fees, and restrictions apply) for travel to many of the great destinations served by Delta in the continental United States and Canada. Delta also will present customers with an extra gift of 1,000 bonus SkyMiles(r) for each flown round-trip ticket purchased at delta.com.