latest news releases from the newsroom
Nexia Holdings, Inc.
Nexia Signs Investment Agreement for $10M Equity Line of Credit
SALT LAKE CITY, Aug. 18, 2005 (PRIMEZONE) -- Nexia Holdings, Inc. (OTCBB:NEXH) is pleased to announce that it has executed an Investment Agreement with Dutchess Private Equities Fund, L.P. for up to $10,000,000 in equity financing. This financing can be drawn over a 3-year period and becomes available upon the filing and subsequent effectiveness of an SB-2 Registration Statement. During the drawdown period, Nexia can receive funds by selling shares of its common stock to Dutchess Private Equities Fund, L.P. Dutchess is required to purchase the shares as specified in the Investment Agreement.
Lantronix Ships World's First RoHS-Compliant, Fully Integrated Embedded Device Server Module
IRVINE, Calif., Aug. 18, 2005 (PRIMEZONE) -- Lantronix, Inc. (Nasdaq:LTRX), a leading provider of device networking technologies, today announced the shipment of the first RoHS-compliant XPort embedded device server months ahead of the regulatory deadline. Mandated by the European Parliament and Council of the European Union, RoHS (Restriction on Hazardous Substances) requires that manufacturers reduce the usage of hazardous substances including lead, mercury, cadmium, hexavalent chromium, polybrominated biphenyls, or polybrominated diphenyl in electrical and electronic equipment by July 2006. As of that date, companies whose products are not RoHS compliant will not be permitted for sale throughout Europe and eventually in parts of Asia.
The Rosen Law Firm PA PC
Investor Notice: Rosen Law Firm Announces Securities Class Action on Behalf of Red Robin Gourmet Burgers' Shareholders -- RRGB
NEW YORK, Aug. 18, 2005 (PRIMEZONE) -- The Rosen Law Firm (http://www.rosenlegal.com) announced today that a class action has been commenced in the United States District Court for the District of Colorado on behalf of purchasers of Red Robin Gourmet Burgers, Inc. ("Red Robin") (Nasdaq:RRGB) common stock during the period between November 8, 2004 and August 11, 2005 (the "Class Period"). To join the Red Robin securities litigation as a plaintiff or for further information, please call Laurence Rosen, Esq. toll-free at 866-767-3653 or email email@example.com. You can join the class action online at http://www.rosenlegal.com.
StockGuru.com Announces Profile Coverage for NetMusic Entertainment Corporation
DALLAS, Aug. 18, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced the web site has initiated Profile Coverage for NetMusic Entertainment Corporation (Pink Sheets:NTMT). NetMusic Entertainment is a global digital media company focused on providing consumers entertainment on their own terms: anytime, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic focuses on providing media distribution opportunities in both audio and audiovisual spaces for third party brands seeking to engage consumers with media.
FTS Wireless, Inc.
FTS Reports Record Second Quarter Results, 6-Month EBITDA Improves by 28 Percent
TAMPA, Fla., Aug. 18, 2005 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP), a publicly traded holding company operating in the wireless industry through its wholly owned subsidiary FTS Wireless, Inc., today announced record operating results for the quarter ending June 30, 2005.
Yard Sale Drop-Off and USXP to Market Postal Centers Nationally
FORT LAUDERDALE, Aug. 18, 2005 (PRIMEZONE) -- Total Identity Corp ("TIC") (Pink Sheets:TIDC) today announced that its wholly owned subsidiary, Yard Sale Drop Off ("YSDO"), a trading assistant and Power Seller with eBay (Nasdaq:EBAY), has entered into an exclusive agreement to market the YSDO online auction solution to UniversalPost Network members giving store owners the opportunity to become a drop off and shipping center for YSDO online auctions.