latest news releases from the newsroom
MetroNational: Investors Set Sights on Memorial City for New Financial Institution
HOUSTON, July 19, 2005 (PRIMEZONE) -- With real estate developer and community partner MetroNational's $500 million redevelopment of Memorial City under way, a group of Memorial City-based business leaders has announced plans to raise funds and seek regulatory approval to open a community bank designed to enhance financial services in the area. If all goes according to plan, MetroNational Bank & Trust (in organization) will open its main branch in early 2006 at the southeast corner of Memorial City Way and the I-10 frontage road, next to Memorial City Mall, as well as a small location inside the mall that will feature limited banking services, including an ATM.
Make-A-Wish Foundation of Orange County and the Inland Empire
'Wishes for Children' Golf Tournament Raises Over $10,000 to Benefit Make-A-Wish Foundation(r) of Orange County and the Inland Empire
TUSTIN, Calif., July 19, 2005 (PRIMEZONE) -- Make-A-Wish Foundation(r) of Orange County and the Inland Empire, the recently merged 501(c)(3) non-profit organization serving Orange, Riverside and San Bernardino Counties, today announced it received $10,000 as the beneficiary of the funds raised by the 2nd Annual Wishes For Children Classic Golf Tournament, presented by Lexus of Riverside, on June 27, 2005. The first hole-in-one contest winner in tournament history added to the excitement at the event which was held at the Temecula Creek Golf Course.
Public Company Management Corporation
Public Company Management Corporation Launches OTCBB Index
LAS VEGAS, July 19, 2005 (PRIMEZONE) -- As a service to the millions of investors that follow companies traded only on the Over the Counter markets, Public Company Management Corporation (OTCBB:PUBC) has established an Over the Counter Bulletin Board (OTCBB) Index. This OTCBB Index has a 20-minute delayed financial data feed with key financial and market information housed on PCMC's Web site. The index became live on July 15 and is available online at http://pcmc.stockgroup.com/pcmc30.asp. Further, an interview on the construction and methodology of PCMC Bulletin Board 30 Index(tm) is now available at http://www.publiccompanymanagement.com/PCMC-30/audio.html
Oakley Announces Signing of Professional Golfer Ryan Moore
FOOTHILL RANCH, Calif., July 19, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced the signing of professional golfer Ryan Moore to a multi-year endorsement agreement. Terms of the agreement call for Moore, the 2004 U.S. Amateur champion and a three-year All-American at the University of Nevada, Las Vegas (UNLV), to wear Oakley eyewear, apparel and footwear.
Oakley Settles Patent Infringement Lawsuit Against Kaenon, LLC
FOOTHILL RANCH, Calif., July 19, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) and Kaenon, LLC announced today the settlement of the patent infringement lawsuit filed by Oakley in the federal court in the Central District of California. By way of the lawsuit, Oakley claimed that five Kaenon models infringed three of Oakley's XYZ(r) optic patents regarding the minimization of prismatic distortion throughout the eyewear lens. Kaenon denied Oakley's allegations.
Novartis Receives U.S. Regulatory Approval for Completion of Eon Labs Acquisition
BASEL, Switzerland, July 19, 2005 (PRIMEZONE) -- Novartis announced today that the U.S. Federal Trade Commission has accepted a Consent Decree for public comment and granted early termination of the applicable Hart-Scott-Rodino waiting period, thereby permitting Novartis to complete the acquisition of Eon Labs, Inc. (Nasdaq:ELAB). Novartis has now received all regulatory approvals necessary to complete its acquisition of Eon Labs.