latest news releases from the newsroom
Merit Medical Systems, Inc.
Merit Medical Announces Record Sales, Up 13 Percent, for the Second Quarter Ended June 30, 2009
SOUTH JORDAN, Utah, July 28, 2009 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and gastroenterology, today announced record revenues of $64.8 million for the quarter ended June 30, 2009, an increase of 13% over revenues of $57.4 million for the second quarter of 2008. Revenues for the six-month period ended June 30, 2009 were a record $123.2 million, compared with $111.0 million for the same six-month period in 2008, a gain of 11%.
Tsakos Energy Navigation Limited
Tsakos Energy Navigation Announces Delivery and Charter of DNA Aframax Tanker Ise Princess
ATHENS, Greece, July 28, 2009 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE:TNP) today announced the delivery of the double-hull DNA designed 105,000dwt Aframax tanker Ise Princess from Sumitomo Heavy Industries in Japan. The vessel is the fifth delivery in an eight vessel series. The Company expects to take delivery of the remaining three vessels by May 2010.
Kona Grill Inc
Kona Grill Reports Second Quarter Results
SCOTTSDALE, Ariz., July 28, 2009 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (Nasdaq:KONA), an American grill and sushi bar, today reported results for its second quarter ended June 30, 2009.
Martin Midstream Partners L.P.
Martin Midstream Partners Announces Quarterly Distribution of $0.75 Per Unit to be Paid On August 14, 2009
KILGORE, Texas, July 28, 2009 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) announced today that is has declared a quarterly cash distribution of $0.75 per unit for the quarter ended June 30, 2009. This quarterly distribution remains unchanged from the distribution paid in the prior quarter and represents a 1.4% increase over the quarterly distribution paid in the same quarter of 2008. The distribution is payable on August 14, 2009 to common and subordinated unitholders of record as of the close of business on August 7, 2009. The August distribution is based on the current operating performance of, and the current general economic, industry and market conditions impacting MMLP and reflects an annualized distribution rate of $3.00 per unit.
Frequency Electronics, Inc.
Frequency Electronics Announces Earnings Conference Call; Wednesday, July 29, 2009, At 12:00 Noon ET
MITCHEL FIELD, N.Y., July 28, 2009 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (Nasdaq:FEIM), will hold its quarterly conference call to discuss results for the fiscal year 2009, ended April 30, 2009, on Wednesday, July 29, 2009, at 12:00 Noon Eastern Time.
Neah Power Systems, Inc.
NEAH Power Systems Acquires SolCool, One LLC
BOTHELL, Wash., July 28, 2009 (GLOBE NEWSWIRE) -- NEAH Power Systems, Inc., ('NEAH') (OTCBB:NPWZ) www.neahpower.com, the Company developing fuel cells for the military and portable electronic devices, announced today that it has completed its acquisition of SolCool, One ("SolCool"), a leader in the solar air conditioning industry.
FreeSeas Announces Closing of Common Stock Offering
PIRAEUS, Greece, July 28, 2009 (GLOBE NEWSWIRE) -- FreeSeas Inc. (Nasdaq:FREE) (Nasdaq:FREEW) (Nasdaq:FREEZ) ("FreeSeas'' or the "Company''), a transporter of drybulk cargoes through the ownership and operation of a fleet of seven Handysize vessels and two Handymax vessels, announced today that it has completed the previously announced registered offering of 10,041,151 shares of common stock at $1.80 per share, which includes 1,309,715 shares issued pursuant to the underwriter's over-allotment option. The offering resulted in net proceeds of approximately $16.7 million, after deducting underwriting fees and estimated offering expenses. Proceeds from the offering will be used primarily for the acquisition of an additional drybulk vessel, as well as for the repayment of debt and general working capital purposes.