latest news releases from the newsroom
Entourage Mining Ltd.
Entourage Mining Identifies Multiple Uranium Targets on Doran Property With Values up to the Detection Limit of 4.7 Lb/t -- .235 Percent U3O8
VANCOUVER, British Columbia, Aug. 30, 2006 (PRIMEZONE) -- Entourage Mining Ltd. (the "Company or "Entourage") (OTCBB:ETGMF) is pleased to announce chemical analysis results of the Doran (north) rock sampling program. The comprehensive rock saw channel sampling program was successful in identifying previously unrecognized uranium targets. A total of twelve anomalies (N, X, L, Y, R, H, K, I, G, E, A, S) were tested. Selected highlights of the chemical results are as follows:
TASER International, Inc.
TASER International Chairman Phillips Smith to Retire
SCOTTSDALE, Ariz., Aug. 30, 2006 (PRIMEZONE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices today announced that Chairman Phillips W. Smith will retire from the Board of Directors effective at the conclusion of the company's board meeting on October 23, 2006. At that time, Thomas P. Smith will become the new Chairman of the Board and Kathleen C. Hanrahan will be promoted to President.
Shreveport Democrats Invited to Town Hall Meeting
SHREVEPORT, La., Aug. 30, 2006 (PRIMEZONE) -- Wednesday, August 30, 2006, at 6:00 PM Chester T. Kelley will host a "Town Hall Meeting" at Semolina Restaurant in Shreveport. Chester T. Kelley, Candidate for Congress, will be there to meet, listen to the concerns of, and share his vision with local Democrats.
General Payment Systems, Inc.
Pacific Signs New Cashless ATM Management Contract; Number of Transactions Climbs 156 Percent
LODI, Calif., Aug. 30, 2006 (PRIMEZONE) -- Pacific Financial Solutions, Inc. (Pink Sheets:PFUO), a leader in providing Cashless ATMs featuring Pacific's Point-of-Banking (PBT) terminal technology, Affinity and Retail Gift cards and prepaid stored-value cards, announced today that its Pacific Banking Services division has signed its newest client for managing Cashless ATM Teller Machines (Point of banking terminals). The California based client owns and operates PBTs in 6 western states and expects to operate over 250 units by years end.
SimpleTech Expansion to Malaysia Expected to Improve Global Competitiveness by Lowering Its Overall Cost Structure and Its Long-Term Effective Corporate Income Tax Rate
SANTA ANA, Calif., Aug. 30, 2006 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC) today announced its plan to build a manufacturing facility in Penang, Malaysia. The company selected Malaysia because of its attractive income tax incentive package, proximity to several of the company's major customers, ease of doing business, availability of low-cost qualified labor, availability of highly-qualified electronics engineering talent, and long track record of supporting the electronics industry. The comprehensive incentive package recently awarded by the government of Malaysia includes an extended tax holiday that will lower the company's long-term effective income tax rate as operations ramp to meaningful production levels over time.
Emerson Poynter LLP
Emerson Poynter LLP Files Class Action Complaint On Behalf of Rice Growers -- BAY
LITTLE ROCK, Ark., Aug. 29, 2006 (PRIMEZONE) -- Emerson Poynter LLP (www.emersonpoynter.com), a national law firm with offices in Little Rock, Arkansas and Houston, Texas, announced today that it filed a class action lawsuit yesterday in the United States District Court for the Eastern District of Arkansas - Western Division (Case No. 4-06-CV-01078) on behalf of all rice farmers in the United States. This lawsuit seeks damages on behalf of a class of farmers who have suffered from the depression of rice prices due to the contamination of the U.S. rice supply with genetically engineered rice that is not approved for human consumption. The complaint charges Bayer CropScience US, Bayer CropScience LP, and Aventis CropScience USA, Inc. with negligence insomuch as they had duty not to contaminate the nation's rice supply with unapproved genetically engineered rice and that they breached that duty. All are subsidiaries of Bayer Aktienges Ads (NYSE:BAY).
Dow Jones & Company
Dow Jones & Company Updates Tax Treatment of Potential Ottaway Newspaper Sales
NEW YORK, Aug. 29, 2006 (PRIMEZONE) -- Dow Jones & Company (NYSE:DJ) announced yesterday that it is exploring value-creating alternatives for six of its Ottaway community newspapers. The purpose of the transaction would be to raise cash to repay debt and for investment in the Company's current businesses as well as utilize approximately $155 million of capital loss tax carry-forwards which expire at December 31, 2006. To clarify, the Company's ability to use the $155 million of capital loss carry-forwards will depend on how many newspapers are sold, the price the Company receives in any such sales and whether the capital gains from the sales exceed the Company's capital losses generated in 2006, which must be applied before prior year carry-forwards may be used. In 2006, Dow Jones incurred a capital loss of $202 million in connection with the settlement of the Cantor Fitzgerald litigation. In any event, U.S. federal tax on capital gains from sale transactions would be completely offset by the Company's capital losses.
PAB Bankshares, Inc.
PAB Bankshares, Inc. Announces Third Quarter 2006 Dividend
VALDOSTA, Ga., Aug. 29, 2006 (PRIMEZONE) -- On Tuesday, August 29, 2006, the Board of Directors for PAB Bankshares, Inc. (Nasdaq:PABK) approved a quarterly dividend in the amount of 14 cents ($0.14) per share payable on October 13, 2006 to the Company's stockholders of record as of September 29, 2006. The third quarter 2006 dividend represents a 3.7% increase compared to the 13.5 cents per share dividend paid in the previous quarter and a 16.7% increase compared to the 12 cents per share dividend paid for the third quarter of 2005.