latest news releases from the newsroom
Mountain National Bancshares, Inc.
Mountain National Bancshares, Inc. Announces Completion of Public Offering of Common Stock and Warrants
SEVIERVILLE, Tenn., Sept. 8, 2005 (PRIMEZONE) -- Mountain National Bancshares, Inc. (OTCBB:MNBT) today announced that it has completed the sale of 416,500 shares of its common stock at $24 per share in a registered public offering. Each purchaser in the offering also will be issued a warrant, exercisable for one year after September 8, 2006, to purchase a number of shares of common stock equal to the number of shares of common stock purchased by the investor in the common stock offering at an exercise price of $25.20 per share.
Friendly Energy Corporation
Friendly Energy Update
CARSON CITY, Nev., Sept. 8, 2005 (PRIMEZONE) -- Friendly Energy Corporation (Pink Sheets:FDEG) announces a corporate update. The Company's wholly owned subsidiary, Friendly Energy Services Inc., continues to work towards the identification and development of potential prospects in central Oklahoma with its consulting geologist Mr. Ray Suhm of Oklahoma.
EMS Technologies, Inc.
EMS Technologies Supplying Key SATCOM, Wireless Capabilities For Katrina Relief Efforts
ATLANTA, Sept. 8, 2005 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) announced today that it is providing assistance to Katrina relief efforts in the Gulf area by supplying key communications hardware to support restoring communications. Three of the company's divisions, EMS SATCOM, EMS Satellite Networks and EMS Wireless, have responded with either mobile satellite communications equipment or with wireless infrastructure equipment to restore cell phone coverage in the stricken areas.
CDMA Development Group
Americas' CDMA Subscribers Reached 150 Million in Q2 2005
COSTA MESA, Calif., Sept. 8, 2005 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) reported today that in June the total number of CDMA subscribers in the Americas reached 149.6 million. In North America, the CDMA user base surpassed 100 million and in Latin America, CDMA had 49.2 million users growing at an annual rate of 41 percent. More than 61 percent of CDMA subscribers in the Americas access 3G CDMA2000 1X and 1xEV-DO services.
DSM Retains Leadership Position in Dow Jones Sustainability World Index
HEERLEN, Netherlands, Sept. 08, 2005 (PRIMEZONE) -- In the Dow Jones Sustainability World Index published yesterday, DSM once again tops the list for the Chemical Industry sector. This is the second year in a row that DSM has been named the worldwide sustainability leader in the chemical industry. The company was able to retain its No. 1 position because it has integrated sustainability into its decision-making and management processes to a very high level. This integration of sustainability into the company's core activities has resulted in stable high scores for all criteria.