latest news releases from the newsroom
The Bull Market Report
The Bull Market Report Looks at the Lawsuit Against Visa and Mastercard by Retailers; Examines Companies that Could Be Affected
PRINCETON, N.J., Oct. 4, 2005 (PRIMEZONE) -- The Bull Market Report (http://www.bullmarket.com), a long-term growth and income-generating focused online investment newsletter, announced today that it has provided subscribers with a look at the lawsuit against Visa and Mastercard by four national merchant associations representing over 200,000 retailers and some of the companies that could be affected, such as American Express (NYSE:AXP), Citigroup (NYSE:C), and Bank of America (NYSE:BAC). The Bull Market Report also recently provided members with an in-depth look at Citigroup and a quick glimpse of AMEX spin-off, Ameriprise Financial (NYSE:AMP).
Markland Technologies, Inc.
Markland Technologies, Inc. Subsidiary, EOIR Technologies, Awarded Contract by U.S. Army's National Ground Intelligence Center
BOSTON, Oct. 4, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL) and Technest Holdings, Inc. (OTCBB:TCNH), defense and homeland security companies transforming advanced laboratory technology into real-world products, announced today that subsidiary EOIR Technologies Inc. has been awarded a contract by the U.S. Army National Ground Intelligence Center (NGIC) to provide technical services to the Measurement and Signatures Division. Dr. Joe Mackin, President of Technest Holdings, made the announcement.
Northrop Grumman Corp.
Northrop Grumman Accepts First Production Unit of New Global Hawk Sensor Suite
SAN DIEGO, Oct. 4, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) has completed acceptance testing of the first production version of a new integrated sensor suite that will enhance imaging capability for the U.S. Air Force. The milestone clears the way for the company to begin installing the improved sensor package, which includes electro-optical and infrared cameras and synthetic aperture radar, on its RQ-4A Global Hawk air vehicles.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against AMERIGROUP Corporation
HARTFORD, Conn., Oct. 4, 2005 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Eastern District of Virginia on behalf of all persons who purchased the common stock of AMERIGROUP (NYSE:AGP) ("the Company") between April 27, 2005 and September 28, 2005 (the "Class Period").
New Wave Group
New Wave Group Owner of All Shares in Orrefors Kosta Boda
STOCKHOLM, Sweden, Oct. 04, 2005 (PRIMEZONE) -- Today, New Wave Group has entered into an agreement with Royal Scandinavia A/S, implying that the Share Transfer Agreement, which the parties entered into on May 31, 2005, regarding the acquisition of 51% of the shares in Orrefors Kosta Boda Holding AB with subsidiaries, is changed and amended in the way that the acquisition include all shares in Orrefors Kosta Boda Holding AB. The purchase sum for all shares in Orrefors Kosta Boda Holding AB amounts to approximately 24.5 MSEK and the shares have been considered to have been taken into possession on June 1, 2005.
Dobson Communications Corporation
Dobson Communications Further Reduces Outstanding Preferred Stock
OKLAHOMA CITY, Oct. 4, 2005 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL), today announced that it has entered into agreements with certain holders of its 12.25% Senior Exchangeable Preferred Stock and its 13% Senior Exchangeable Preferred Stock under which the holders have agreed to exchange 8,700 shares of 12.25% Preferred Stock and 30,021 shares of 13% Preferred Stock for 5,982,040 shares of the Company's Class A Common Stock and cash consideration of $1.6 million. As a result, the aggregate outstanding liquidation preference of the 12.25% Preferred Stock and the 13% Preferred Stock will decrease from $71.7 million to $33.0 million.
Sciax Corp. Engages MPH Public Relations
BAY CITY, Mich. and TORONTO, Oct. 4, 2005 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC) announced today that it has engaged Mohajer, Philpy & Hiles (MPH), a Los Angeles-based public relations firm, to generate media awareness for the company and elevate their overall brand recognition.