latest news releases from the newsroom
Prisma Energy Completes Sale of 50 Percent Stake in SK-Enron
SEOUL, South Korea and HOUSTON, Oct. 6, 2005 (PRIMEZONE) -- Prisma Energy announced today that it has completed the sale of its 50 percent interest in SK-Enron to a group of buyers, including SK Corp. in Seoul, South Korea. SK-Enron is a joint venture that was established between Enron and SK Corp. in 1999.
Habanero Resources Inc.
Habanero Resources Inc. Seeking European Listing
VANCOUVER, British Columbia, Oct. 7, 2005 (PRIMEZONE) -- Habanero Resources Inc. ("Habanero") (Other OTC:HBNRF) (TSX-V:HAO) wishes to announce that it is actively seeking a European listing, with a focus on listing on the Frankfurt Exchange. The European marketplace is an arena that has embraced junior oil and gas stocks, which have production and cash in the bank.
QLogic 4Gb HBAs Qualified by EMC as E-Lab Tested
ALISO VIEJO, Calif., Oct. 7, 2005 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that its SANblade(r) 4Gb Fibre Channel HBAs have been qualified by EMC(r) as E-Lab(tm) Tested. The new HBAs will be used to connect EMC CLARiiON(r) and Symmetrix(r) networked storage systems to servers with high-performance PCI-X 2.0 and PCI-Express slots. Both single and dual-port versions of SANblade 4Gb HBAs have been qualified by EMC and feature a warranty of up to five years -- the best in the industry.
Apria Healthcare Group Inc.
Apria Healthcare Announces Reduced Expectations, Updates Information Concerning qui tam Litigation
LAKE FOREST, Calif., Oct. 7, 2005 (PRIMEZONE) -- Apria Healthcare Group Inc. (NYSE:AHG), the nation's leading home healthcare company, today announced that revenues for the third quarter appear to have slowed to less than 1% growth over the prior year due to a slow-down in the durable medical equipment, respiratory medications and infusion therapy lines of business -- particularly with respect to the company's discounted contractual arrangements with hospitals. The company's oxygen and enteral lines of business remain strong.
SimpleTech to WebCast Conference Call Discussing Third Quarter 2005 Results
SANTA ANA, Calif., Oct. 7, 2005 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC) today scheduled its earnings release and an open Webcast conference call to discuss its results for the Third quarter ended September 30, 2005. A news release discussing the company's performance during this quarter will be issued just after the market close on November 7, 2005. The Webcast conference call will take place that same day at approximately 1:30 p.m., Pacific/4:30 p.m., Eastern.
SCA's Efficiency Enhancement Program Started -- Effects in the Third Quarter
STOCKHOLM, Sweden, Oct. 7, 2005 (PRIMEZONE) -- SCA's initial information and negotiation process for the previously announced efficiency enhancement program has proceeded faster than planned. As a result, earnings in the third quarter will be charged with the program's entire restructuring costs totaling SEK 4,900 M, of which write-downs account for SEK 2,300 M.
Securitas Systems Acquisition in the U.S.
STOCKHOLM, Sweden, Oct. 7, 2005 (PRIMEZONE) -- Securitas Security Systems in the United States has acquired Hamilton Pacific L.P., Pasadena, Calif. Hamilton Pacific is one of the leading providers of security solutions to banks and financial institutions in the U.S. It has a leading position in California with 15 additional locations throughout the U.S. serving up to 22 states. Hamilton Pacific is providing electronic security systems, bank security equipment, vaults and ATMs to many of the major financial institutions. Forecasted sales for Hamilton Pacific in 2005 are MUSD 47 (MSEK 362) with an employee base of 225. The company is profitable and will contribute positively to the result before tax of the Securitas Group going forward. The final purchase price of the acquisition will depend upon the financial performance of Hamilton Pacific during 2005 and the price is currently anticipated to be at the same level as the annual sales for 2005.