latest news releases from the newsroom
SmallCap Sentinel: Technology, Innovation and the Market
IRVINE, Calif., July 20, 2005 (PRIMEZONE) -- "In an age of enormous tech and industrial companies, investors would be wise to remember that many innovations come from small caps," stated SmallCap Sentinel analyst, D.R. Clark. "Smaller companies lack the bureaucratic shackles that larger, more mature companies have and can focus on the important niches. It's from this periphery 'under the radar of the big boys' that innovation is often incubated."
EMS Technologies, Inc.
EMS Technologies Delivers DVB-RCS Hub to HELLAS-SAT
MONTREAL, July 20, 2005 (PRIMEZONE) -- EMS Satellite Networks (SatNet), a division of EMS Technologies, Inc. (Nasdaq:ELMG), announced today that it has delivered and installed a DVB-RCS redundant hub to HELLAS SAT Consortium Ltd., the eastern Mediterranean's leading satellite operator. EMS has installed the hub to Hellas-Sat in Athens, Greece, the location of the company's teleport and direct-to-home TV platform.
Nano-Proprietary, Inc. Announces Joint Research Project With Funai Technology Research Institute
AUSTIN, Texas, July 20, 2005 (PRIMEZONE) -- Austin, Texas-based Nano-Proprietary, Inc. (OTCBB:NNPP), through its subsidiary, Applied Nanotech, Inc. ("ANI") and Funai Electric Advanced Applied Technology Research Institute, a subsidiary of Funai Electric, Ltd., today announced the companies are collaborating on a research program to develop biosensors using ANI's proprietary technology involving the use of enzyme coated carbon nanotubes.
Coda Octopus Group, Inc.
Coda Octopus Introduces Industry Leading Service Plan; `Service Plus' Offers New Extended Warranty Options For All Octopus Products
NEW YORK, July 20, 2005 (PRIMEZONE) -- Coda Octopus Group, Inc (Pink Sheets:CDOC), an international leader in marine technology solutions, continues to demonstrate its commitment to industry leadership and service and support of all its products by introducing "Service Plus." This new integrated service plan covers all Octopus systems including the popular 760 geophysical acquisition series, the 460P portable sonar acquisition instrument, the F180 precision motion sensor and its thermal printers. Available with two levels of cover, three star and five star, which encompass all aspects of support, Service Plus is available to all owners of Octopus products, regardless of the age of the system.
Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems Receives $5.5 Million Order for Explosives Detection Equipment
ASHEVILLE, N.C., July 20, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) a leading provider of wireless security solutions and products for national security and industry, announced today the receipt of a blanket purchase order from Pro.Sec, a leading Middle Eastern security company, to purchase over $5.5 million of explosives detection equipment. The explosives detection equipment is distributed in the Middle East through Homeland Integrated Security Systems' CyberNoze security division. Pro.Sec, with operations in Lebanon, is expected to use the CyberNoze promoted explosives detection equipment for security and protection of commercial buildings and government installations. This significant order for explosives detection equipment is in addition to the recently announced $2.5 million purchase order from Pro.Sec for the Homeland Integrated Security Systems, Inc.'s patent pending CyberTracker security device.
China Direct Trading Corp.
China Direct Trading Corp. and Beijing Hua Wei Furniture Manufacture Co., Ltd. Terminate Acquisition and JV Agreements
FT. LAUDERDALE, Fla., July 20, 2005 (PRIMEZONE) -- China Direct Trading Corporation (OTCBB:CHDT) (CHDT) and Beijing Hua Wei Furniture Manufacture Co., Ltd. (BEWE), announced today that they have mutually terminated the agreements underlying a proposed acquisition of a 40% equity stake by CHDT in BEWE and a related, proposed formation of a Chinese joint venture furniture manufacturing company by CHDT and BEWE. The reason for the termination is a recent, significant decrease in the cash asset value of BEWE. As previously announced, the acquisition of the 40% equity stake in BEWE and the joint venture company venture were subject to a number of customary conditions, including a material, adverse decrease in the assets or business of BEWE. CHDT shall remain a U.S. distributor of BEWE furniture in North America. The termination is effective as of July 20, 2005. No termination fee was due or paid in connection with the termination of the proposed share acquisition and the underlying agreements.