latest news releases from the newsroom
Microsemi Announces Completion of its Offer to Amend and Accelerate Employee Stock Options
IRVINE, Calif., Sept. 22, 2005 (PRIMEZONE) -- Microsemi Corporation (Nasdaq:MSCC) announced that it has completed its Offer to Amend and Accelerate Employee Stock Options, which expired on Tuesday, September 20, 2005 at 5:00 P.M. U.S. Pacific Daylight Time. Pursuant to this offer, the Company accelerated the vesting, at the election of the option holders, of some of the outstanding employee stock options under its 1987 Stock Plan, as amended. As a result, options held by employees to purchase approximately 5,147,910 shares of common stock became fully vested and exercisable on September 21, 2005. The acceleration included options held by executive officers to purchase approximately 1,324,000 shares. A total of approximately 5,163,975 options had been eligible for the offer.
Directors Guild of America
DGA and AICP Reach Tentative Agreement on Commercial Contract
NEW YORK, Sept. 22, 2005 (PRIMEZONE) -- The Directors Guild of America and the Association of Independent Commercial Producers (AICP) have reached a tentative agreement for a new national commercial contract, DGA President Michael Apted announced today. The existing commercial agreement, which was extended for one additional year, will expire on October 31, 2005. The DGA National Board, which meets in Los Angeles on Saturday, September 24, is expected to review the agreement and determine whether it will be sent to the membership for ratification.
Astris Energi Inc.
Astris Energi VP Marketing to Present at F-Cell 2005 Conference
MISSISSAUGA, Ontario, Sept. 22, 2005 (PRIMEZONE) -- Peter K. Nor, P. Eng, MBA, Vice President Marketing and Corporate Development of Astris Energi Inc. ("Astris") (OTCBB:ASRNF), the world's leading alkaline fuel cell (AFC) technology company, is presenting a paper titled "Applications of Low-Cost Alkaline Fuel Cells and Alkaline Fuel Cell Systems" to the f-Cell 2005 conference being held September 26-28 in Stuttgart, Germany.