latest news releases from the newsroom
Hudson's Grill International, Inc.
Hudson's Grill Announces the Opening of a New Hudson's Classic Grill in Escanaba, Michigan
DALLAS, March 9, 2006 (PRIMEZONE) -- Hudson's Grill International, Inc. (OTCBB:HGIIA), based in Dallas, Texas, announced today that on March 6, 2006, Cappuccino SD, Inc., opened a Hudson's Classic Grill in Escanaba, Michigan. The Hudson's Grill began serving dinners on March 6, 2006, and the next day, it began serving lunches. The Hudson's Classic Grill is located at 201 North Lincoln Road, Escanaba, Michigan. Escanaba is a city of about 13,000, located in the Upper Peninsula on Lake Michigan.
Toll Brothers, Inc.
Toll Brothers to Webcast Live Its Presentation at the UBS US Home Building and Building Products Conference on Tuesday, March 14, 2006
HORSHAM, Pa., March 9, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), (www.tollbrothers.com), the nation's leading builder of luxury homes, will make a presentation to the investment community via live audio webcast at the UBS US Home Building and Building Products Conference in London, England on Tuesday, March 14, 2006 at 10:15 a.m. EST.
TOUSA Updates Chairman News
HOLLYWOOD, Fla., March 9, 2006 (PRIMEZONE) -- Technical Olympic USA, Inc. (NYSE:TOA) announced that it has learned that the regular Investigating Judge of the 19th Department of the First Degree Court of Athens, Greece is investigating the alleged involvement of Konstantinos Stengos in the improper use of proceeds of certain Technical Olympic S.A. ("TOSA") bank loans which were intended for TOSA's business acquisitions. Mr. Stengos currently serves as the Chairman of the Board of Technical Olympic USA, Inc. (the "Company") and of TOSA, which is the owner of approximately 67% of the Company's outstanding common stock. The investigation also relates to the previously announced allegations that Konstantinos Stengos violated certain Greek laws concerning a 1999 sale of shares of TOSA, and to the alleged involvement of George Stengos, Executive Vice President and a director of the Company, in such transaction. The foregoing information is based principally on disclosures made by TOSA.
Toll Brothers, Inc.
Toll Brothers to Webcast Live Its Presentation at the Bank of America Securities 2006 Consumer Conference on Thursday, March 16, 2006
HORSHAM, Pa., March 9, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, will make a presentation to the investment community via live audio webcast at the Bank of America Securities 2006 Consumer Conference in New York City on Thursday, March 16, 2006 at 10:40 a.m. EST.
Oneida Announces Comprehensive Prenegotiated Recapitalization
ONEIDA, N.Y., March 9, 2006 (PRIMEZONE) -- Oneida Ltd. (OTCBB:ONEI), a global leader in flatware, dinnerware and crystal for both the consumer and foodservice markets, today announced that it has reached an agreement with its lenders on a recapitalization plan that would reduce the company's debt by approximately $100 million and open the way for investment, innovation and growth.
Universal Computer Systems
Longo Toyota, World's Largest Dealership, Extends Relationship with UCS
HOUSTON, March 9, 2006 (PRIMEZONE) -- Longo Toyota of El Monte, California, the nation's top-selling Toyota dealership for the last 39 years(a) and top dealership of any franchise for the past four years(b), has extended its long-standing relationship with Universal Computer Systems, Inc. (UCS). UCS has been providing Longo Toyota with innovative dealership solutions since 1986, and now Longo Toyota will use UCS' newest server and continue to benefit from UCS' PC-based POWER Workstation software.
Lantronix to Present at the B. Riley 7th Annual Investor Conference in Las Vegas
IRVINE, Calif., March 9, 2006 (PRIMEZONE) -- Lantronix, Inc. (Nasdaq:LTRX), a leader in device networking technologies, will present at the B. Riley 7th Annual Investor Conference. The conference is being held March 14-16, 2006, at The Venetian Resort Hotel Casino in Las Vegas, Nevada. Chief Financial Officer James Kerrigan will present at 2:05 p.m. PST on Wednesday, March 15, 2006.