latest news releases from the newsroom
Orsus Xelent To Commence Overseas Sales In September
NEW YORK, July 18, 2005 (PRIMEZONE) -- Orsus Xelent Technologies Inc. (OTCBB:ORXT) today announced that, through a soon-to-be-opened Hong Kong trading company, it will in September begin selling its mobile phone products and R&D services to foreign-based customers in Southeast Asia, Latin America and Africa.
Northrop Grumman Corp.
Northrop Grumman Awarded $109.8 million Long Lead Material Contract for LHA(R)
PASCAGOULA, Miss., July 18, 2005 (PRIMEZONE) -- The U.S. Navy has awarded a contract valued at $109.8 million to Northrop Grumman Corporation (NYSE: NOC) for advanced planning, long-lead material and systems engineering on the LHA(R) amphibious assault ship program. The total contract value, if all options are exercised, will be $264 million. This is the first LHA(R) construction-related contract awarded and the funds will go toward purchasing major equipment and material, as well as advanced planning and systems engineering.
StockGuru.com Announces Profile Coverage for InterLink Global Corporation
DALLAS, July 18, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the website has initiated Profile Coverage of InterLink Global Corporation (Pink Sheets:ILKG). Mr. Pentony spoke of InterLink Global: "There are so few VoIP companies domestically that truly stand out. Looking for one that is profitable is just about impossible. That is what first makes InterLink Global stand out. The quality of management, and there success at making money at prior ventures, proves the right people are in charge. With joint ventures in a number of different countries with key partners, marketing is passed along leaving a successful and profitable venture. This is the real strength of InterLink Global, and this makes the company worth a serious look."
TalkingStocks.com Updates its Profile Report for MidNet, Inc. to Reflect Recent Announcements
DALLAS, July 18, 2005 (PRIMEZONE) -- Today, John Pentony, Publisher of TalkingStocks.com, announced that the website has issued an updated Profile Report Update on MidNet, Inc. (OTCBB:MIDX). The report discusses MidNet's core technology, The Middle Network, and their new contracts for use of this emerging and secure network technology. Also discussed is its competitive advantage in the market. The report is authored by Talking Stocks Senior Investment Analyst Shailesh Dhuri, CFA.
QLogic Leads the Market in Fibre Channel HBAs
ALISO VIEJO, Calif., July 18, 2005 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that QLogic ranked number one in market share for both Fibre Channel host bus adapter (HBA) ports shipped and Fibre Channel HBA revenue in calendar year 2004, according to a new report from IDC, entitled "Worldwide Fibre Channel HBA 2005-2009 Forecast and 2004 Vendor Shares."
First Horizon National Corporation
First Horizon National Corporation Reports Financial Results for Second Quarter 2005
MEMPHIS, Tenn., July 18, 2005 (PRIMEZONE) -- First Horizon National Corporation (NYSE:FHN) announced earnings of $102.7 million, or $.80 diluted earnings per share for second quarter 2005. This compares to 2004's second quarter earnings of $118.4 million, or $.92 diluted earnings per share. For the six months ended June 30, 2005, earnings were $211.9 million or $1.65 diluted earnings per share, compared to $237.7 million or $1.84 diluted earnings per share for 2004.