latest news releases from the newsroom
Horizon Offshore Inc.
Horizon Offshore Announces Purchase of DP2 Vessel
HOUSTON, Feb. 6, 2006 (PRIMEZONE) -- Horizon Offshore, Inc. (OTCBB:HOFF) announced today that its subsidiary, Horizon Vessels, Inc., has agreed to acquire the Sea Wrangler, a dynamically positioned diving support and deepwater reel pipelay vessel. The company expects to complete the purchase later this month and to finance a portion of the purchase price. Horizon intends to rename the vessel the Texas Horizon and place it into service as soon as possible following routine maintenance due to the vessel's current laid up status. The company intends to utilize the vessel to support its Gulf of Mexico operations in both the U.S. and Mexican market areas.
Discovery Laboratories, Inc.
Discovery Labs Adds Senior Medical and Clinical Executives with Broad Pulmonology Expertise
WARRINGTON, Pa., Feb. 6, 2006 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), today announced the appointment of Russell G. Clayton, D.O. as Vice President, Medical Affairs and Thomas Hofmann, MD, Ph.D. as Vice President, Worldwide Clinical Operations. Dr. Clayton will be responsible for the strategic and operational management of the Medical Affairs activities for the Company's pipeline of Surfactant Replacement Therapies (SRT). Dr. Hofmann will be responsible for the management of the Company's SRT clinical programs. Both executives have a broad background in pediatrics, pulmonology and respiratory care.
General Research Initiates Coverage of IElement Corporation
DALLAS, Feb. 5, 2006 (PRIMEZONE) -- IElement Corporation (OTCBB:IELM) (Frankfurt:SZQ1), a nationwide provider of advanced communications services including Voice over Internet Protocol (VoIP), announced that General Research GmbH, a German market research firm, initiated coverage of the company with a 16-page research report released on January 20, 2006.
WinSonic Digital Media Group, Ltd.
WinSonic Digital Media Group, Ltd. Announces Appointment of Bruce Clark as Vice President of Converged Solutions
ATLANTA, Feb. 3, 2006 (PRIMEZONE) -- Winston Johnson, Chairman and Chief Executive Officer of WinSonic Digital Media Group, Ltd. (Pink Sheets:WDMG) announced today that Bruce Clark was appointed Vice President of Converged Solutions for WinSonic Digital Cable Network Systems. Mr. Clark's formidable experience in the technology sector gives him the necessary qualifications for directing the Converged Solutions Division of WinSonic. "We are excited to have Bruce Clark on our executive team. Bruce has extensive experience in sales and management and will play an integral role in charting the future growth of WinSonic," said Mr. Johnson.
Bloodhound Search Technologies, Inc.
Bloodhound Search Technologies to Introduce Personally Customizable Search Portals
SUGAR LAND, Texas, Feb. 3, 2006 (PRIMEZONE) -- Bloodhound Search Technologies, Inc. (Pink Sheets:BLDH) announced today that the company has the company has contracted with the developer of its Strategic Monitoring System (SIMS) to create a next-generation search technology - a search engine that can be customized by the user. The company believes that this new technology, when fully developed, could represent a more powerful "industrial strength alternative" to current search engines such as Google.