latest news releases from the newsroom
Orsus Xelent Technologies, Inc.
Orsus-Xelent's Hong Kong Subsidiary Expands Overseas Sales with 26,000 Unit Order
NEW YORK, Nov. 14, 2005 (PRIMEZONE) -- Orsus Xelent Technologies, Inc. (OTCBB:ORXT) today announced that the Company's wholly owned Hong Kong subsidiary, Orsus Xelent Trading (HK) Company Limited, has received orders totaling 26,000 units of the S788, the Company's newest PDA mobile phone, from two new customers in Singapore.
Electrolux Design Lab 2005 Award Goes to Students From Singapore
STOCKHOLM, Sweden, Nov. 14, 2005 (PRIMEZONE) -- Electrolux (ELUX) today presented its third Design Lab Award to Airwash, a waterless washing unit. Students from leading schools of design in over 88 countries participated in the competition. Entries were received by more than 3,000 students in all continents, all competing to create the most outstanding new appliance concept for the home of 2020.
Aurora Oil & Gas Corporation
Cadence Resources Announces 2005 Operational Activity of Newly Acquired Subsidiary Aurora Energy, Ltd.
TRAVERSE CITY, Mich., Nov. 14, 2005 (PRIMEZONE) -- Cadence Resources Corporation (OTCBB:CDNR) released today the preliminary operational activity of its recently acquired subsidiary, Aurora Energy, Ltd. of Traverse City, Michigan for the first three quarters of 2005. Cadence completed its merger with Aurora on Monday, October 31, 2005. With the merger completed, Cadence today provided a summary of financial highlights and an operational update for Aurora's activity from January through September, 2005. Because Cadence was on a September 30 fiscal year prior to the merger and must prepare audited financial statements, Cadence is deferring release of its Cadence division September 30, 2005 financial results.
NorthStar Realty Finance Corp.
NorthStar Realty Finance Modifies Third Quarter Results
NEW YORK, Nov. 14, 2005 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) today announced modifications to its previously issued results for the quarter ended September 30, 2005, as a result of an adjustment to a non-cash, unrealized loss. The Company revised Adjusted Funds from Operations (AFFO) from $7,858,000 in the third quarter of 2005, or $0.29 per share, to $7,621,000, or $0.28 per share. Net income for the third quarter of 2005 was revised from $4,804,000, or $0.23 per share, to $4,616,000, or $0.22 per share. For a reconciliation of net income to AFFO, please refer to the tables on the following pages.
Nomadix and Innovative Data Solutions Provide Flexible WiFi Billing Capability for Taj Airport Garden Hotel-Sri Lanka
NEWBURY PARK, Calif., Nov. 14, 2005 (PRIMEZONE) -- Nomadix, Inc. (www.Nomadix.com), the leading supplier of intelligent network devices and interconnect services for guest access, Digital Cities, and carrier HotSpots, and Innovative Data Solutions (IDS), a mobile data communications technology provider, today announced they have deployed flexible WiFi billing technology at Sri Lanka's Taj Airport Garden Hotel (TAGH). TAGH is one of Sri Lanka's most prestigious hotel properties, and the new WiFi service allows TAGH a unified billing system in which guests pay one connection fee and are free to access the Internet from anywhere on TAGH's 37-acre grounds.
Ahold Enters Major IT Outsourcing Initiatives
ZAANDAM, Netherlands, Nov. 14, 2005 (PRIMEZONE) -- Ahold signed a five-year contract for global information technology (IT) enterprise outsourcing with EDS, including applications maintenance services in the U.S. The company also signed a five-year applications maintenance agreement with ATOS ORIGIN, covering the Albert Heijn Arena, and a five-year contract with NCR for in-store IT-support in the Albert Heijn Arena. The total value of the contracts is approximately EUR 467 million.