latest news releases from the newsroom
Diamyd Medical AB
Khandaker Partners to Initiate Coverage of Diamyd Medical
STOCKHOLM, Sweden, May 12, 2006 (PRIMEZONE) -- Diamyd Medical AB (Stockholm:DIAMB) (Other OTC:DMYDF) with its lead drug candidate for diabetes in Phase IIb trials, announced today that Khandaker Partners, a US-based independent research and advisory firm specializing in small-cap and emerging growth companies, has agreed to initiate coverage of the Company. Khandaker Partner's first analytical report is planned to be released in approximately four weeks. Subsequent follow-up analytical reports are expected to be published every quarter thereafter.
TASER International, Inc.
Living the Legacy Scholarship Program to Benefit Families of Fallen Heroes
WASHINGTON, May 12, 2006 (PRIMEZONE) -- The TASER(r) Foundation for Fallen Officers and American Public University today announced the Living the Legacy Scholarship program. The 2006 awards will provide distance learning opportunities to immediate family members of law enforcement officers killed in the line of duty. Washington, D.C., Metro Police Department Chief Charles Ramsey was on hand to lend his support to the partnership which recognizes the sacrifices of law enforcement officers during 2006 National Police Week in Washington.
CipherPass Corporation Agrees to Follow-on Financing with FutureVest, Inc.
SANTA MONICA, Calif., May 12, 2006 (PRIMEZONE) -- CipherPass Corporation (Pink Sheets:CPHC), an innovator of digital certificate management solutions, announced it has a signed financing commitment of $6,125,000 led by FutureVest, Inc. (Pink Sheets:FRVT). The combined financing will be in the form of a $1,125,000 convertible debenture and $5,000,000 in convertible preferred stock.
Grand Havana Enterprises Inc.
Grand Havana Enterprises, Inc. Reports Second Fiscal Quarter Earnings
NEW YORK, May 12, 2006 (PRIMEZONE) -- Grand Havana Enterprises, Inc. (Pink Sheets:PUFF) today announced that it has released its second fiscal quarterly earnings for the period ending March 26, 2006. The company had revenues of $2,047,370 compared to $2,004,865 for the fiscal quarter ending March 27, 2005, an increase of $42,505 or approximately 2.1 percent. The company had a net income of $33,241 for the second fiscal quarter ended March 26, 2006 compared to net income of $23,114 for the fiscal quarter ending March 27, 2006, an increase in net income of $10,127 or approximately 43.8 percent.
NuTech Digital, Inc.
NuTech Digital Inks Exclusive Distribution Agreement with DEP Distribution of Canada
VAN NUYS, Calif., May 12, 2006 (PRIMEZONE) -- NuTech Digital, Inc. (OTCBB:NTDL), a worldwide leader in the production and distribution of original and licensed DVD content, today announced the execution of an exclusive distribution agreement with DEP Distribution of Montreal, Canada. The exclusive agreement has a term of five years, covering 35 existing titles from NuTech's content library and new and upcoming titles. Additionally, DEP will receive selected television broadcast rights throughout the entire country of Canada. Financial terms of the entire agreement were not disclosed.
AmeriChip Analyst Research Report Follow-Up
LOS ANGELES, May 12, 2006 (PRIMEZONE) -- AmeriChip International Inc. (OTCBB:ACHI) research report with video and WorldTalkRadio CEO interview is available from IPOdesktop.com and WorldTalkRadio, the Internet's leading talk station.
Aveta to Acquire PMC Medicare Choice in Puerto Rico
NEW YORK, May 12, 2006 (PRIMEZONE) -- Aveta Inc., one of the leading companies focusing on Medicare Advantage and a leader in addressing the healthcare needs of the chronically ill, has signed a definitive stock purchase agreement to acquire PMC Medicare Choice (PMC), a Medicare Advantage company and healthcare plan providing benefits in 78 municipalities in Puerto Rico.