latest news releases from the newsroom
Lantronix Newest High Density Evolution Device Servers Provide Secure Network Access For Up to 32 Devices
IRVINE, Calif., Nov. 29, 2006 (PRIME NEWSWIRE) -- Lantronix, Inc. (Nasdaq:LTRX) today announced the launch of its latest device networking solution, the EDS16PR and EDS32PR high density device servers. IT managers and engineers can quickly and securely connect, access and monitor up to 32 serial devices over existing management or production networks, from medical equipment to POS terminals, from a single 1U high/rack mount data center ready unit. Powered by Lantronix award-winning Evolution OS, these new platforms provide enterprise-grade security and intelligent web services for attached devices, including Extensible Markup Language (XML) configuration support and management and monitoring using Really Simple Syndication (RSS) and e-mail.
Chatsworth Data Solutions, Inc.
Chatsworth Data's Optical Mark Reader Technology Used in 2006 Election
CHATSWORTH, Calif., Nov. 29, 2006 (PRIME NEWSWIRE) -- Adera Mines, Ltd (OTCBB:AAML) announced that the optical mark reader (OMR) technology of its wholly owned subsidiary, Chatsworth Data Corporation (www.chatsworthdata.com), worked to near perfection in the November 7 election in Los Angeles County. The county used the InkaVote Plus system, manufactured by Election Systems and Software and containing Chatsworth's OMR technology, for reading and tabulating votes. According to a report from the Los Angeles Times, "Los Angeles County's new InkaVote Plus machines, which use an optical scanner to check ballots for errors, worked like a charm."
Genesis Pharmaceuticals Enterprises, Inc.
Genesis Signs `Green Power' Company as New Partner in GEP Finance and Growth Program
BEIJING, Nov. 29, 2006 (PRIME NEWSWIRE) -- Genesis Technology Group, Inc. (OTCBB:GTEC) announced that it has signed a prominent electric power equipment company as the third partner in its Genesis Equity Partners LLC (GEP) program. This program can transform qualified Chinese companies into international operations by targeting and penetrating Western markets. As is the case with Lotus Pharmaceuticals and Gold Horse International, Genesis would receive a significant equity position, while providing extensive, long-term services to its contract partner.
GlobeOp Financial Services
GlobeOp Launches GoBook
LONDON and NEW YORK, Nov. 29, 2006 (PRIME NEWSWIRE) -- GoBook(tm), an efficient, new Web-based hedge fund performance reporting tool, is now available from GlobeOp Financial Services to enable hedge fund managers to communicate independently verified fund performance data to investors.
Enlargement of the Executive Committee of TDC A/S
COPENHAGEN, Denmark, Nov. 29, 2006 (PRIME NEWSWIRE) -- The Board of Directors of TDC A/S has decided to enlarge the Executive Committee consisting today of CEO Jens Alder and CFO Hans Munk Nielsen with the following 3 new members with effect from January 1, 2007:
Nidec Announces Tender Offer for Shares of Brilliant Manufacturing Limited, Singapore
KYOTO, Japan, Nov. 29, 2006 (PRIME NEWSWIRE) -- Nidec Corporation (the "Company") (NYSE:NJ) announced today that its Board of Directors has resolved to acquire 466,133,000 shares of common stock and subscription rights for 150,000 new shares in Brilliant Manufacturing Limited ("Brilliant" or "Offeree") in Singapore by way of tender offer (the "Tender Offer"). A separate announcement associated with this Tender Offer is also planned in Singapore today pursuant to the nation's relevant regulations. This Tender Offer has been also approved by the Board of Directors of Brilliant today and supported by its founding family, Brilliant's largest shareholder due to tender 247,192,000 shares, or 53.03%, of Brilliant's total outstanding shares in this Tender Offer. Upon completion of the Tender Offer, Brilliant is expected to become a consolidated subsidiary of the Company.
Speedel Holds Annual R&D Day
BASEL, Switzerland and BRIDGEWATER, N.J., Nov. 29, 2006 (PRIME NEWSWIRE) -- Speedel (SWX:SPPN) today holds its annual Research & Development Day. The event is being held in Basel, and attended by over 40 investors, analysts and media. The programme highlights Speedel's achievement in building a mature and diverse pipeline across three modes of action, targeting therapeutic areas with significant unmet medical need and high commercial potential.
Converium Holding AG
Converium Holding AG: Executive Vice President Benjamin Gentsch Today Addresses KBW's European Insurance Conference
ZUG, Switzerland, Nov. 29, 2006 (PRIME NEWSWIRE) -- Benjamin Gentsch, Executive Vice President of Converium, today addresses KBW's European Insurance Conference in London. His presentation will focus on Converium as a viable alternative in the global reinsurance market. Benjamin Gentsch will highlight Converium's strong year-to-date financial performance, the agreed sale of the Company's North American operations and the good prospects for a near-term improvement of Converium's financial strengths ratings. He will also report on the ongoing year-end renewals and the strong support Converium is experiencing from clients.
Sparrowtech Resources, Inc.
Sparrowtech Announces Proposed Acquisition of Tazza Espresso Bar & Cafe
TORONTO, Nov. 28, 2006 (PRIME NEWSWIRE) -- Cornelia Volino, the Chief Executive Officer and President of Sparrowtech Multimedia Corporation ("Sparrowtech") (Pink Sheets:SPMC) today announced that effective November 22, 2006, the Company entered into a Letter of Intent with 1542744 Ontario Inc., a Canada corporation, to acquire all of the assets of its Tazza Espresso Bar & Cafe located at Unit 9, 5100 Rutherford Road, Woodbridge, Ontario, Canada ("Tazza").