latest news releases from the newsroom
Techwell, Inc. to Present At the UBS Global Technology and Services Conference
SAN JOSE, Calif., June 10, 2009 (GLOBE NEWSWIRE) -- Techwell, Inc. (Nasdaq:TWLL), a leading designer of mixed signal video semiconductor solutions for the security surveillance and automotive infotainment markets, today announced that Mark Voll, Chief Financial Officer, will present at the UBS Global Technology and Services Conference at the Sheraton New York Hotel and Towers in New York City. Mr. Voll is scheduled to present on Wednesday, June 10th, 2009, at 9:00 a.m. eastern time.
Plastics Conversion Technologies Inc.
Plastics Conversion Technologies Founder Joins Plastics Recycle Council
SEATTLE, June 10, 2009 (GLOBE NEWSWIRE) -- GeoBio Energy, Inc. (Pink Sheets:GBOE), d/b/a Plastics Conversion Technologies, Inc. (PCT "Company"), a Colorado-based plastics cleaning, separation, and recycling company, announces its founder, director and COO, Gary De Laurentiis, joined the newly formed Plastics Recycle Council, a trade committee reporting to the Board of Directors of The Institute of Scrap Recycling Industries, Inc. (ISRI).
SARS to Acquire Assets from T.A. Brinkoetter & Sons, Inc.
SEATTLE, June 10, 2009 (GLOBE NEWSWIRE) -- SARS Corporation (Pink Sheets:SARO) ("SARS" or "Company") has executed a letter of intent and a mutual agreement on the terms of an asset purchase agreement (the "APA") with T.A. Brinkoetter & Sons, Inc., a Delaware corporation ("TAB"). TAB specializes in industrial, residential and commercial HVAC systems, as well as plumbing, piping and necessary fixtures. SARS' contemplated acquisition of TAB's assets will be pursuant to a U.S. Bankruptcy Code Section 363 Sale (the "363 Sale"), by an Illinois U.S. Bankruptcy Court. SARS and TAB intend to execute the definitive APA upon Bankruptcy Court approval and the closing is to occur at the 363 Sale.
PICO Holdings, Inc.
PICO Holdings, Inc. Announces Public Offering of 694,444 Shares
LA JOLLA, Calif., June 10, 2009 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq:PICO) ("PICO") today announced that it has priced a public offering of 694,444 shares of its common stock at $27.00 per share. The offering is expected to close on or about June 15, 2009, subject to the satisfaction of customary closing conditions. The offering is in addition to the offering PICO announced on June 5, 2009, relating to the sale of 3,055,556 shares of its common stock at $27.00 per share. In aggregate, the approximately $95.6 million of net proceeds, after deducting the underwriting discounts and commissions and estimated offering expenses, will be used for general corporate purposes.
Rising India, Inc.
Rising India Announces Board of Director Appointments
OMAHA, Neb., June 10, 2009 (GLOBE NEWSWIRE) -- Rising India, Inc. (Pink Sheets:RSII) (the "Company"), a publicly-traded company announced today the appointment of Jan Schmidtgen and S. Murali to its board of directors. Mr. Schmidtgen will continue as managing director of 4k Animation GmbH of Berlin, Germany (see website at www.4k-animation.com), and Mr. Murali continues his responsibilities for overseeing animation production activity for 4K in India. Other board members include Arthur H. Taylor, CEO of Rising India, Nagaraj Sharma who is also a director of Four K Animation Private Ltd., of Chennai, India, James DiPrima, treasurer, who also oversees investor relations, and S. Sridaram, company secretary. Mr. Sharma and Mr. Murali will also serve as Executive Vice Presidents of Rising India. Also today, Rising India announced that Christopher D. Curzon, Esquire, of Omaha, Nebraska has joined the firm as its general counsel. Schmidtgen and Sharma have contracted with Rising India to bring substantial animation orders to Rising India each year on an ongoing basis once funding is complete.
Universal Stainless & Alloy Products
Universal Stainless Achieves AS 9100 Certification for Bridgeville and Dunkirk
BRIDGEVILLE, Pa., June 10, 2009 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced that it has achieved AS 9100 certification at both its primary Bridgeville facility and its Dunkirk Specialty Steel mill. Both locations recently completed the AS 9100 Certification audit, successfully meeting all requirements. The company's Titusville facility has held the AS 9100 certification since 2005.
Universal Detection Technology
Universal Detection Technology Provides Analysis of the Ricin Plot in the United Kingdom
LOS ANGELES, June 10, 2009 (GLOBE NEWSWIRE) -- Universal Detection Technology (www.udetection.com) (OTCBB:UNDT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, today provided an analysis of the plot by white supremacist groups in the United Kingdom to use ricin poison against minorities.