latest news releases from the newsroom
Legend Media, Inc.
Legend Media Signs a RMB5,000,000 (US$732,000) Three-year Contract With Beijing Huifengzhou Investment Co., Ltd.
BEIJING, July 29, 2009 (GLOBE NEWSWIRE) -- Legend Media (OTCBB:LEGE) (Frankfurt:LM2) ("Legend Media" or "the Company"), a Chinese multimedia advertising company, today announced that the Company has signed a three-year contract of RMB5,000,000 (approximately US$732,000 based on the exchange rate as of the date of this press release) to be delivered from June 2009 to June 2012 with Beijing Huifengzhou Investment Co., Ltd. for its Golfzone business.
FreeSeas Announces Extension and Re-Pricing of FREEW Warrants
PIRAEUS, Greece, July 29, 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 is extending the expiration date and reducing the exercise price for its 786,265 outstanding Class W warrants currently listed under the ticker FREEW.
Syntel Reports Second Quarter 2009 Financial Results
TROY, Mich., July 29, 2009 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced financial results for the second quarter, ended June 30, 2009.
UNR Holdings, Inc.
Promotora Valle Hermoso Subsidiary 494 UNR to Supply Exclusive Prudon-494 Material for the Gaz-Pipe "Sahalin-Habarovsk-Vladivostok" Project
ORLANDO, Fla., July 29, 2009 (GLOBE NEWSWIRE) -- Promotora Valle Hermoso (OTCBB:PVHI), a housing, commercial and heavy industry construction company that also serves government oil and gas infrastructure projects anounnced today that its subsidiary 494 UNR was named as the official supplier of Prudon-494 patented slope reinforcment road base material for the gaz-pipe project "Sahalin-Habarovsk-Vladivostok." The project is a part of the Russian Federation budget, to be undertaken by Gazprom Corporation and consists in laying out a gas pipe-line from Sahalin to Vladivostok in far East Russia. The pipe is expected to have a length of 2,035 km (1,264 miles) with a total cost of 24 billion USD. There are 50 billion russian rubles (~1.7 billion USD) expected to be invested in the project in 2009, the project is to be completed by 2012.
Advanced Environmental Recycling Technologies, Inc.
AERT Manufactured ChoiceDek Named in Best Outdoor Decking Article in August Issue of Family Circle Magazine
SPRINGDALE, Ark., July 29, 2009 (GLOBE NEWSWIRE) -- Advanced Environmental Recycling Technologies, Inc. (Nasdaq:AERT), a leading plastic recycler and manufacturer of Green building products, announced today that Family Circle magazine's August issue recognizes AERT's ChoiceDek decking in their article outlining the best outdoor flooring. ChoiceDek is the only flooring acknowledged in the composite category. The article, found on page 37, provides consumers with an overview of various decking materials and presents general information about each product. ChoiceDek is praised for being a Green product that is resilient and mimics the look of real wood.