latest news releases from the newsroom
State Bancorp, Inc.
State Bank of Long Island Receives New York State Regulatory Approvals to Open New Branch in Manhattan
JERICHO, N.Y., Oct. 15, 2007 (PRIME NEWSWIRE) -- State Bancorp, Inc. ("the Company"), parent company of State Bank of Long Island ("the Bank"), announced today that the Bank has now received approvals from both the New York State Banking Department and the Federal Deposit Insurance Corporation, effective October 12, 2007, to open its new branch on the 16th floor at 780 Third Avenue in Manhattan. The Bank anticipates operating a limited branch and loan production office where it will service new and existing Manhattan-based commercial clients with an array of banking products and financial services. The space is expected to be ready for occupancy in the very early part of the first quarter of 2008.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Actively Pursuing MP-RTIP Radar Enhancement for Joint STARS Platform
MELBOURNE, Fla., Oct. 15, 2007 (PRIME NEWSWIRE) -- The capabilities of the U.S. Air Force's E-8C Joint Surveillance Target Attack Radar System (Joint STARS) platform may be enhanced with the addition of a Wide Area Surveillance (WAS) Multi-platform Radar Technology Insertion Program (MP-RTIP) radar. Northrop Grumman Corporation (NYSE:NOC) is actively pursuing options with the Air Force; the U.S. Congress has expressed interest in fielding on Joint STARS a viable cruise missile defense capability such as that offered by the WAS MP-RTIP radar.