latest news releases from the newsroom
Timothy J. Stabosz
Major General Employment Shareholder Declares Company in 'Moral Crisis,' Citing Chairman & CEO's 'Conflict of Interest'; Intends to Withhold His Vote
LAPORTE, Ind., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Longtime General Employment Enterprises (AMEX:JOB) shareholder Timothy Stabosz, a 5.5% owner and the company's 2nd largest outside shareholder, today announced his intent to withhold support from Chairman and CEO Herbert "Corky" Imhoff, Jr. at the Oakbrook Terrace, Illinois-based company's Feb. 23rd annual meeting. Stabosz also declared the company in a "grave moral crisis," and appealed to the board of directors to take immediate action to protect the company's valuable franchise, and begin rebuilding the company's credibility and image as a bona-fide public entity, whose main purpose is to maximize value for its ENTIRE shareholder base...instead of existing primarily as an unseemly "personal income vehicle" for the Chairman and CEO.
Internet Initiative Japan Inc.
IIJ Group Announced to Provide 'Mobile Broadband Access Point'
TOKYO, Feb. 18, 2009 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (IIJ) (Nasdaq:IIJI) (TSE1: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, and hi-ho Inc., the IIJ Group ISP business development company for individuals, today announced to provide and sell the Mobile Broadband Access Point, a portable battery-powered wireless router compatible with 3.5G high-speed mobile data communications terminals developed by NetIndex Inc. from late March 2009. IIJ has exclusive rights to sell the Mobile Broadband Access Point in Japan.