latest news releases from the newsroom
Dow Jones Indexes
'The Dow' Turns 110
NEW YORK, May 16, 2006 (PRIMEZONE) -- Dow Jones Indexes, a leading global index provider, today commemorated the upcoming 110th anniversary of the Dow Jones Industrial Average. "The Dow" is the world's most frequently quoted and longest-serving market indicator of its kind, tracking the pillars of the U.S. economy since its creation by Charles Dow on May 26, 1896. The occasion was marked by the gathering of market leaders at the New York Society of Securities Analysts in New York and the unveiling of a survey that found an overwhelming 78% of the public know the Dow.
Northrop Grumman Corp.
Northrop Grumman Earns ISO 20000 Certification for IT Service Management
MCLEAN, Va., May 16, 2006 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) today announced it has earned the International Organization for Standardization (ISO) 20000:2005 certification, which benchmarks the company's industry-leading approach and capability in delivering world-class information technology managed services, measuring service levels, assessing performance and implementing continuous improvement.
Stratus Services Group, Inc.
Stratus Services Group, Inc. Retains Value Capital Partners, Inc. as Investor Relations Advisor
MANALAPAN, N.J., May 16, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting is pleased to announce that it has retained the services of Value Capital Partners, Inc. ("Value Capital"), a Scottsdale, Arizona-based investor relations and consulting firm. Value Capital specializes in the development and execution of a strategic investor relation campaign for emerging growth and micro cap companies. Value Capital plans to increase Stratus' shareholder base and raise investor awareness by building a new following through its network of stockbrokers, investment bankers, institutional investors, analysts and individual investors.
Sitestar Announced First Quarter Financial Results
LYNCHBURG, Va., May 16, 2006 (PRIMEZONE) -- Sitestar Corporation (OTCBB:SYTE), a provider of residential and business Internet access and value-added computer services, today announced results of operations for the quarter ended March 31, 2006, highlighted by an increase of $115,615 in net income or 160.4 percent from the same period in 2005. Similarly, EBITDA (earnings before interest, taxes, depreciation and amortization) improved $264,653 or 119.1 percent compared to the same period a year ago. In addition, Sitestar acquired and integrated the assets and customer lists of two Internet Service Providers (ISPs).
QLogic Honored by Network World Magazine
ALISO VIEJO, Calif., May 16, 2006 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced that Network World Magazine has selected the company to appear on its Network World 200 list. QLogic is ranked as the 81st largest North American public network companies, based on 2005 revenue; retaining its strong position from the previous year's list.