latest news releases from the newsroom
CAPE Systems Group, Inc
CAPE Systems Introduces its RFID Apply and Comply Label Tagging Solution
SOUTH PLAINFIELD, N.J., June 24, 2005 (PRIMEZONE) -- CAPE Systems Group, Inc. (OTCBB:CYSG), a leading provider of software technology for packaging design, RFID asset tracking, pallet optimization, inventory and warehouse management, supply chain execution and order fulfilment, today announced the introduction of its RFID Apply and Comply(tm) labelling solution.
Oakley Announces Opening of Mexico City O Store
FOOTHILL RANCH, Calif., June 23, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced the opening of an O Store(r) in Mexico City, Mexico. This O Store(r) is Oakley's eighth international licensed location and will be owned and operated by Grupo Sanborns, S.A. de C.V., a unit of Grupo Carso well-known for its retail strength throughout Central and South America.
Modern Technology Corporation
Modern Technology Corp. Announces Further Expansion as Subsidiary, Sound City, to Add Third Retail Location
OXFORD, Miss., June 23, 2005 (PRIMEZONE) -- Modern Technology Corp (OTCBB:MOTG), a diversified technology development and acquisition company, announced today that its subsidiary Sound City will open a third retail location. The new retail location is part of the company's continuing expansion and is anticipated to add $1.5MM to $3MM in revenues to MOTG operations annually. Further growth in revenues and planned acquisitions from the Electronics sector are expected to generate in excess of $25 Million in 2005. This revenue estimate does not include revenues from other planned sector acquisitions throughout 2005, expected to be in excess of $50 Million.
Harwood Feffer LLP
Wechsler Harwood LLP Commences Class Action Law Suit on Behalf of Purchasers of Ditech Communications Corp. Stock -- DITC
NEW YORK, June 23, 2005 (PRIMEZONE) -- The law firm of Wechsler Harwood LLP ("Wechsler Harwood") announced that it filed a class action lawsuit on June 22, 2005 in the United States District Court for the Northern District of California on behalf of purchasers of the securities of Ditech Communications Corp. ("Ditech" or the "Company") (Nasdaq:DITC) between August 25, 2004 and May 26, 2005, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") against defendants Ditech, Timothy K. Montgomery (Ditech's Chief Executive Officer, President and Chairman) and William J. Tamblyn (Ditech's CFO).