latest news releases from the newsroom
Global Media Veteran to Lead Digicorp Interactive Media Rollout
SANTA MONICA, Calif., Oct. 6, 2005 (PRIMEZONE) -- Digicorp, Inc. (OTCBB:DGCO) announced today that it has entered into a Letter of Intent to acquire Rebel Crew Films, Inc, a Los Angeles-based film licensing and distribution company, owned and founded by Jay Rifkin and Cesar Chatel. As detailed in an 8-K filed on October 5, Rifkin will assume the role of Chairman and CEO upon completion of the acquisition. In the meantime, he will serve as Interim President and report to CFO William B. Horne, who, as of September 30, 2005, has replaced Milton "Todd" Ault as Chairman and CEO of the Company. Mr. Ault is the Chairman and CEO of Patient Safety Technologies, Inc., Digicorp's largest shareholder.
COPENHAGEN, Denmark, Oct. 06, 2005 (PRIMEZONE) -- In continuation of TDC's stock exchange announcement no. 17 of 17 August 2005 TDC confirms that non-binding indications of interest have been received. In the light hereof, TDC's Board of Directors has decided that it is in the best interest of TDC and its shareholders to explore these indications. No information can be given with regard to the possible outcome or the timeframe for conclusion of these investigations. Further announcements to the market, if any, will be made as and when considered appropriate or necessary by TDC.
Delta Air Lines, Inc.
Delta to Begin Historic, First Nonstop Service between Atlanta and Tel Aviv
ATLANTA, Oct. 6, 2005 (PRIMEZONE) -- Beginning next spring, Delta Air Lines' (NYSE:DAL) customers will be part of history when the airline starts the only nonstop service between the U.S. Southeast and Israel. On March 27, 2006, Delta will begin daily service between Hartsfield-Jackson Atlanta International Airport and Tel Aviv Ben Gurion Airport, Israel, as part of its ongoing international expansion to popular global business and tourist destinations.
Transmeridian Exploration, Inc.
Transmeridian Exploration Begins Production from Well SA-3; Spuds Well SA-15
HOUSTON, Oct. 6, 2005 (PRIMEZONE) -- Transmeridian Exploration, Inc. (AMEX:TMY) today announced first production from its seventh well, SA-3, in the South Alibek Field. This recently completed well flowed at an initial rate of 1,300 barrels of fluid per day from an 11 mm choke after perforation and acidizing of about 158 feet of the KT2 Formation. The well is currently cleaning up and the flow rate is expected to stabilize to between 800-1,000 barrels of oil per day (bopd) on this choke setting. The SA-3 is approximately 2,200 feet southwest of SA-17 and is in a similar flank location in the field as SA-14, with log estimated net oil pays in both the KT1 and KT2 comparable to that of the other wells in the field.
Markland Technologies, Inc.
Markland's Subsidiary, Genex Technologies, Inc., Provides 3D Software for Law Enforcement Agencies
BOSTON, Oct. 6, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL) and Technest Holdings, Inc. (OTCBB:TCNH), defense and homeland security companies transforming advanced laboratory technology into real-world products, announced today that Genex Technologies, Inc. (www.genextech.com) is providing 3D software for law enforcement agencies to utilize for the generation of facial composite sketches. The new product is called 3D SketchArtist(tm).
Organisation and Management for AarhusKarlshamn AB in Place
STOCKHOLM, Sweden, Oct. 6, 2005 (PRIMEZONE) -- The process of integration between the two former competitors Aarhus United and Karlshamns AB has been accelerating since the new company AarhusKarlshamn AB was established at the turn of the month. During the past months, the company's management groups have worked intensively to be able to establish the new company as quickly as possible.