latest news releases from the newsroom
Lantronix Announces Powerful, Standards-Based Evolution OS Software Development Kit for MatchPort AR, Including Sourcery G++ From CodeSourcery
IRVINE, Calif. and GRANITE BAY, Calif., April 15, 2008 (PRIME NEWSWIRE) -- Lantronix, Inc. (Nasdaq:LTRX) and CodeSourcery, Inc. today announced the availability of the Lantronix Evolution OS(r) Development Kit for MatchPort(r)AR, which includes CodeSourcery's Sourcery G++(tm), a complete C/C++ development environment based on the GNU Toolchain. This new development kit offers developers a more flexible and economical way to develop and debug applications using a sophisticated, powerful, and familiar graphical user interface while decreasing time to market. MatchPort AR is a highly programmable applications and networking module that enables engineers to quickly and cost-effectively add secure Ethernet networking and web server capabilities to virtually any electronic device for remote command and control via the Internet. To assist them as they create new applications for MatchPort AR, Lantronix also announced a new online Support Forum for embedded engineers. Moderated by Lantronix engineers, the forum will serve as an online community and knowledge base for Evolution OS applications.
LINN Energy LLC
Linn Energy to Sell All of Its Interests in the Appalachian Basin, Including Its Marcellus Shale Acreage, to XTO Energy for $600 Million
HOUSTON, April 15, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it has agreed to sell all of its interests in oil and gas properties in the Appalachian Basin, including its Marcellus Shale acreage, to XTO Energy Inc. (NYSE:XTO) for cash consideration of $600 million, subject to closing adjustments. The Company will use proceeds to reduce indebtedness under its credit facility and anticipates closing on July 1, 2008. The properties include proved reserves, as estimated by a third-party engineering firm at December 31, 2007, of approximately 197 billion cubic feet of natural gas equivalent (99% natural gas) and currently produce 25 million cubic feet of natural gas equivalent per day.