latest news releases from the newsroom
Wireless Xcessories Group
The Wireless Xcessories Group Reports Second-Quarter Results, Revenue Increases to $5,857,000
HUNTINGDON VALLEY, Pa., Aug. 8, 2006 (PRIMEZONE) -- The Wireless Xcessories Group, Inc. (AMEX:XWG), a nationwide manufacturer and distributor of electronic and cellular accessories and creator of private labeled websites for affiliates, announced today second-quarter results for the period ended June 30, 2006. The Company reported second-quarter revenue of $5,857,000 compared to $5,835,000 for the same period in fiscal 2005. In 2006 pre-tax net income for the second quarter was $464,000 versus $710,000 in the same period of 2005. The Company had net after-tax income of $386,000 or $.09 per basic and $.08 per diluted share in 2006, compared to net income of $710,000 (no taxes were accrued in 2005) or $0.16 per basic and $0.15 per diluted share in the same period for 2005.
Photo Release -- FleetRisk Advisors Announces Production Implementation of Advanced Predictive Analytics System at Dupre' Transport
LE MANOIR RICHELIEU, Quebec, Aug. 8, 2006 (PRIMEZONE) -- At the National Tank Truck Carrier's Summer Board Meeting, FleetRisk Advisors announced the production implementation of an advanced predictive modeling and risk analytics system for Dupre' Transport, LLC. The initiative began as a pilot project in 2005 using data aggregation and pattern recognition technology to identify risk signatures of drivers, vehicles and schedules. The pilot focused on which drivers were most likely to be involved in an accident or service failure. The production phase began in the first quarter of 2006, enabling Dupre' to devise new risk management and performance monitoring strategies with the aim of simultaneously reducing operational costs and mitigating risks.
Dobson Communications Corporation
American Cellular Obtains $250 Million Senior Credit Facility
OKLAHOMA CITY, Aug. 8, 2006 (PRIMEZONE) -- American Cellular Corporation, a subsidiary of Dobson Communications Corporation (Nasdaq:DCEL), today announced that it had entered into a senior secured credit facility ("the credit facility") that enables it to borrow up to $250 million from a group of lenders. Borrowings under the credit facility will bear interest at a rate per annum equal to LIBOR plus an initial 2.25% spread. The new senior secured credit facility consists of:
SmallCap Sentinel: Ad Dollars, Saving Lives, and Healthy Dividends
IRVINE, Calif., Aug. 8, 2006 (PRIMEZONE) -- "It's no secret that the use of health-related information through the Internet has become an enormous industry," stated SmallCap Sentinel analyst D.R. Clark. "But the real magic of this powerful information may well be in its corporate applications. Keeping employees healthy and at work is in many ways like increasing the size of your labor force at no extra expense. Of course, there are also the inherent health benefits to the employee. Companies that can provide these services may well bring value to investors."
Ben Franklin Technology Partners of Southeastern Pennsylvania
Board of Directors for Ben Franklin Technology Partners of Southeastern Pennsylvania Elects Three New Members
PHILADELPHIA, Aug. 8, 2006 (PRIMEZONE) -- The Board of Directors for Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) -- an innovative economic development organization that stimulates entrepreneurial potential to grow the region's economy -- has elected Gregory S. Bentley, President, CEO and Chairman of the Board of Bentley Systems, Inc.; Judith Erwin, Executive Vice President and Founder, Square 1 Bank; and Michael J. Heller, Vice-Chair, Business Law Department, Cozen O'Connor, to serve on the Board.