latest news releases from the newsroom
Golar LNG - New Chief Executive
OSLO, Norway, March 10, 2006 (PRIMEZONE) -- The Board of Golar LNG is pleased to announce that Mr Gary Smith has been recruited as the new CEO of Golar Management. Mr Smith, (50) has an extensive background in the petroleum industry. Most recently Mr Smith worked for STASCO (Shell Trading & Shipping Co) in London in the position of General Manager Commercial Shipping. In this position he worked closely with all existing Shell LNG projects and LNG trading activities and supported the development of several new LNG projects. Mr Smith also served as President and Director of SIGGTO (Society of International Gas Tanker & Terminal Operators) during the period from 2002 to 2005. The Board believes that the experience Mr Smith brings to the Company is extremely valuable particularly in view of Golar's ambitions to expand further into the LNG logistical chain.
Oakley to File Amended Financial Statements
FOOTHILL RANCH, Calif., March 10, 2006 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced it will file an amendment to its 2004 Annual Report on Form 10-K, restating certain financial information for the 2000-2004 fiscal years to correct its application of Financial Accounting Standards No. 133, Accounting for Derivative Instruments and Hedging Activities (FAS 133), due to insufficient documentation of certain foreign currency hedging activities. Additionally, the company will amend its previously filed 2005 Quarterly Reports on Form 10-Q. In light of this announcement, investors should no longer rely on Oakley's previously released financial statements for these periods or the guidance given by the company.
Patriot Motorcycle Corporation
Patriot Motor Corporation CEO to Be Interviewed by 'Meet The CEO'
SAN CLEMENTE, Calif., March 10, 2006 (PRIMEZONE) -- Patriot Motor Corporation (OTCBB:PMCY), parent company of Patriot Motorcycle Corporation, today announced that its CEO, Michel Attias, will be interviewed by "Meet The CEO(TM)" (MTC) on Tuesday, March 14, 2006, at 4:00 PM EST.
Micron Enviro Systems, Inc.
MSEV is Considering a Forward Split
VANCOUVER, British Columbia, March 10, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) wishes to announce that management is now looking into forward splitting its common shares as well as conducting a name change to better reflect its oil and gas business. Management believes these changes would benefit current shareholders and limit possible naked shorting that may have been occurring on the stock in the recent weeks.
Intertex Data AB
Intertex Launches the IX68 ADSL2+ IAD
STOCKHOLM, Sweden, March 10, 2006 (PRIMEZONE) -- Swedish Intertex Data AB today announced the release of their IX68 ADSL2+ modem with SIP capable firewall and optional telephone ports and wireless access point. The IX68 expands upon the capabilities of the predecessor IX66 with higher capacity; extended functionality and several enhancements for SIP based IP telephony. The IX68 is attractively priced with pricing ranging from 260 to 400 dollars and will fill both the data and IP telephony needs for the advanced home users, home workers and offices up to 50 persons.