latest news releases from the newsroom
Sempra Energy Declares Common Dividend
SAN DIEGO, June 7, 2005 (PRIMEZONE) -- The board of directors of Sempra Energy (NYSE:SRE) today declared a quarterly dividend of 29 cents per share of common stock. The current dividend is payable July 15, 2005, to shareholders of record on June 23, 2005.
Penn's Landing Corporation
Colorful Entertainment, Unique Cuisines and Interesting Crafts Highlight The Asian Festival
PHILADELPHIA, June 7, 2005 (PRIMEZONE) -- In its second year, as part of the PECO Energy Multicultural Series, the Asian Festival will be another celebration of entertainment, music, culture and food. The rich color, sounds, and sights of multiple Asian cultures are a unique experience not to be missed. This FREE event will take place on the Great Plaza at Penn's Landing, Columbus Boulevard and Chestnut Street. The Asian Festival celebrates 15 Asian cultures in one event spanning over a two-day period -- June 18, 2005 and June 19, 2005 from 12 Noon to 8pm. The PECO Energy Multicultural series is ten different culturally rich and free festivals that take place at Penn's Landing throughout the summer. Independence Blue Cross is the presenting sponsor of the 2005 Summer Season at Penn's Landing.
Ramp Announces Its Intention to Reorganize under the U.S. Bankruptcy Code
NEW YORK, June 7, 2005 (PRIMEZONE) -- Ramp Corporation (AMEX:RCO) today announced that on June 2, 2005, it filed a voluntary petition in the United States Bankruptcy Court, for the Southern District of New York, Manhattan Division seeking reorganization relief under chapter 11 of title 11 of the U.S. Bankruptcy Code. The proceeding has been assigned Case No. 05-14006. The Company intends to continue to operate its business and manage its affairs as a debtor-in-possession under the jurisdiction of the Bankruptcy Court and in accordance with applicable provisions of the Bankruptcy Code and the orders of the Bankruptcy Court. The Company has already initiated steps to preserve all available capital resources and will continue to explore the possibility of selling the Company or one or more of its lines of business or seeking a merger partner.
Aventura Holdings, Inc.
Sun Network Group, Inc. Completes Its Acquisition of Aventura Voip Networks, Inc.
CORAL SPRINGS, Fla., June 7, 2005 (PRIMEZONE) -- Sun Network Group, Inc. (OTCBB:SNNW) (Frankfurt:SWK) (SNNW) announced today that it has completed its agreement to acquire Aventura Networks, LLC (Aventura). To better reflect the company's future direction, SNNW will be renamed Aventura VOIP Networks, Inc. and Aventura CEO Craig Waltzer became CEO and Chairman of the new company.