latest news releases from the newsroom
Unique Pizza and Subs
Agreement With Revention Will Help Unique Pizza and Subs' Customer Response Center Increase Store Revenues
PITTSBURGH, June 29, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (PinkSheets:UPZS), a Delaware Corporation, is pleased to announce the signing of a working agreement with Revention, to assist in developing the Company's Point of Sale system -- a key component of Unique Pizza and Subs Customer Response Center. Under the direction of William "Billy" Blackwell, Chief Information Officer for Unique Pizza and Subs, the Point of Sale System will provide franchisees with some of the industry's most innovative software to ensure more efficient operations and increased profits. A touch screen system simplifies the process by which each store is able to process orders, manage inventory, track deliveries and receive instant technical support.
Federal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines Earmarks $500,000 for Disaster Assistance
DES MOINES, Iowa, June 29, 2006 (PRIMEZONE) -- Homeowners affected by disasters in 2006 now have another source of funds available to repair or reconstruct their damaged homes. Beginning July 5, 2006, the Federal Home Loan Bank of Des Moines is allocating $500,000 to a Disaster Recovery Fund (DRF) to provide reconstruction or rehabilitation assistance to eligible households. Homes must be located within an active 2006 Federal Disaster Declaration in Iowa, Minnesota, Missouri, North Dakota or South Dakota to qualify for DRF.
Carver Bancorp, Inc.
Community Capital Bank Stockholders Approve Acquisition by Carver Bancorp, Inc.
NEW YORK, June 29, 2006 (PRIMEZONE) -- Carver Bancorp, Inc. (the "Company" or "Carver") (AMEX:CNY), the holding company for Carver Federal Savings Bank, and Community Capital Bank, a Brooklyn-based community bank and leader in providing credit to minority- and women-owned small businesses, announced that Community Capital's stockholders overwhelmingly approved their transaction yesterday at an Annual and Special Meeting of Stockholders. On April 6, 2006, Carver and Community Capital announced that they entered into a definitive agreement whereby Carver would acquire Community Capital for approximately $11.1 million, or $40.00 per Community Capital share, in cash.
365 Main, Inc.
365 Main Celebrates Local Community at Grand Opening of El Segundo Data Center
EL SEGUNDO, Calif., June 29, 2006 (PRIMEZONE) -- 365 Main Inc., developer and operator of the world's finest data centers, celebrated the community at yesterday's grand opening of the company's El Segundo data center with the awarding of the 365 Main ACE Award. The ACE award celebrates achievement, commitment and excellence in individuals and charities in communities in which 365 Main operates.
SmallCap Sentinel: Cleaning Up in a Dirty Business
IRVINE, Calif., June 29, 2006 (PRIMEZONE) -- "On a strategic basis, big companies often are invested in protecting their market share and expanding from a big base," stated analyst and cable news guest expert Francis Gaskins of SmallCap Sentinel and IPOdesktop.com. "This leaves small market niches to be developed by companies that can understand and help grow 'under the radar' market niches. If the 'undiscovered niches' grow by leaps and bounds then shareholders reap big rewards."
Origin Agritech Limited
Origin Agritech Limited Expects to Meet or Exceed U.S. $11.0 Million in Adjusted Net Earnings for the Period July 1, 2005 Through June 30, 2006
SAN DIEGO, Calif. and BEIJING, China, June 29, 2006 (PRIMEZONE) -- Origin Agritech Limited ("Origin") (Nasdaq:SEED) today announced that, based on its review of unaudited results for the year ended December 31, 2005, and year-to-date results for 2006, as well as current business conditions, net earnings on an adjusted, or non-GAAP, basis for the year ending June 30, 2006, are expected to meet or exceed U.S. $11,000,000. The $11,000,000 net earnings figure excludes expenses relating to the November 2005 merger between State Harvest Holdings Limited and Chardan China Acquisition Corp. (described in the 2005 proxy statement) that created Origin, and excludes stock-based compensation expenses. Anticipated GAAP net earnings will reduce Origin's adjusted net earnings by approximately $453,000 due to non-cash stock-based compensation charges. Origin's other charges related to the November 2005 merger will be negligible.