latest news releases from the newsroom
PlanetLink Communications Inc.
PlanetLink Retires the Majority of Its Convertible Debentures
CUMMING, Ga., April 4, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that it has retired the majority of its convertible debentures. Mary Hitt, Treasurer and Director of Finance, stated that "The company is excited about being able to substantially reduce its debt level as this will bring the company closer to positive cash flow and profitability." The major benefit of retiring all but $49,000 of the company's outside debt is the reduction in interest expense plus debt repayment is not looming in the future. The company also filed its annual report Form 10KSB with the Securities and Exchange Commission on a timely basis. To view the report go to the www.planettraks.com and click on Investors and then SEC Filings.
National Retail Federation
Shop.org Welcomes E-Commerce Veteran Joan Broughton as Vice President, Content and Education
WASHINGTON, April 4, 2006 (PRIMEZONE) -- Shop.org, the online division of the National Retail Federation (NRF), announced today that Joan Broughton has joined the organization as Vice President of Content and Education. In this position, Broughton will create and deliver valuable and relevant information to all Shop.org members and continue to build on the organization's deep history as a community and network for online retailing. She will oversee all Shop.org events, which include speakers, format, content, and networking for all its conferences, retailer-only workshops, tele-seminars, and regional events and meetings. Broughton will also oversee Shop.org research and publications.
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast Its May 5, 2006 'Second Quarter 2006 Outlook' Conference Call Live
HORSHAM, Pa., April 4, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, tollbrothers.com, a conference call to discuss its preliminary results and outlook for second quarter and fiscal year 2006. The event is scheduled for 2:00 p.m. (EDT) on Friday, May 5, 2006. It will follow announcement of the Company's second quarter 2006 preliminary results for home building revenues, contracts and backlog before the market opens on Friday, May 5, 2006. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.
Occidental Petroleum Corp.
Occidental Awarded Block in Oman
LOS ANGELES, April 4, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today it was awarded a new production sharing contract area, Block 54, in southeastern Oman immediately adjacent to Block 53 where Occidental operates the giant Mukhaizna Field. Occidental will operate Block 54 and hold a 70 percent interest. The Block 54 contract area is approximately 5,620 square kilometers.