latest news releases from the newsroom
Gardant Pharmaceuticals, Inc.
Bioaccelerate Holdings Portfolio Company Innovate Oncology to Merge With Avantogen Subsidiary
NEW YORK, Feb. 2, 2006 (PRIMEZONE) -- Bioaccelerate Holdings Inc., (OTCBB:BACL) today announces that its portfolio company, Innovate Oncology, Inc (OTCBB:IOVO), New York, and Avantogen Limited, Sydney, Australia and San Diego, CA, have announced execution of a Definitive Agreement whereby Innovate will merge with a wholly-owned subsidiary of Avantogen, thereby acquiring Avantogen's interest in the promising pancreatic chemoresistance inhibitor, RP101.
MEDirect Latino, Inc.
MEDirect Latino Inc. Announces Call With Investors, Brokers and Analysts to Discuss Record Fiscal Second Quarter Operating Results and Recent Events
PLANTATION, Fla., Feb. 2, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced a conference call to be held on Wednesday February 8, 2006 at 4:15 PM Eastern Daylight Time. MEDirect Latino's management team will host the call, in attendance for the Company will be Co-Chairman and CEO, Mr. Raymond Talarico, President, Ms. Debra L. Towsley and COO, Mr. Charles W. Hansen, who will be making presentations on various aspects of the Company's latest results, continuing growth strategies, and expected results for the remainder of the year.
Fox & Hound Restaurant Group
Fox & Hound Signs Tender Offer/Merger Agreement with Newcastle Partners and Steel Partners II
WICHITA, Kan., Feb. 2, 2006 (PRIMEZONE) -- Fox & Hound Restaurant Group (Nasdaq:FOXX) announced that it entered into a merger agreement with Newcastle Partners, L.P., Steel Partners II, L.P. and certain of their affiliates ("Newcastle/Steel") for the acquisition of all of the Company's outstanding common stock for an all cash price of $16.30 per share. The Company and affiliates of Levine Leichtman Capital Partners, Inc. ("LLCP") terminated their merger agreement. In accordance with the terms of the LLCP merger agreement, the Company paid LLCP a $5 million termination fee and reimbursed LLCP for $2 million of its expenses.
Renewable Energy Resources, Inc.
Internal Hydro Announces Energy Market Expertise in New Corporate Advisor
TAMPA, Fla., Feb. 2, 2006 (PRIMEZONE) -- Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces that it has signed an agreement with Joseph Patrick Kelly, president of e3 Venture Partners, as strategic advisor to the Company and President. It is a milestone event for Internal Hydro to have Mr. Kelly assist the company develop and execute its strategic plan to bring Internal Hydro's proprietary technology into the global marketplace. Mr. Kelly has a track record of helping small companies take leadership positions in the energy industry.
School Fundraiser Achieves Unprecedented 82 Percent Participation Rate With XMPie Software
NEW YORK, Feb. 2, 2006 (PRIMEZONE) -- XMPie(R), www.xmpie.com, the award-winning provider of software for dynamic publishing has driven the success of an innovative fundraising campaign conducted by One to One Gulfcoast, a direct marketing firm specializing in the non-profit market. Working for The Out-of-Door Academy, a private school in Sarasota, Florida, One to One's campaign raised $345,452 during the school year, substantially surpassing its goal of $241,000 in only three months. In addition, The Out-of-Door Academy attained a record-setting 82% participation rate from school parents and an unprecedented 100% participation by board, faculty and staff.
Alfa Retains AGORACOM Investor Relations
NEW YORK, Feb. 2, 2006 (PRIMEZONE) -- Alfa International Holdings Corp. (OTCBB:AHDS) ("Alfa") is pleased to announce it has retained the services of AGORACOM Investor Relations Corp. ("AGORA") (http://www.agoracom.com) to provide investor relations services for the Company.
Comprehensive HealthCare Solutions, Inc.
Comprehensive Signs Contract to Provide Union With Benefit Discounts
YONKERS, N.Y., Feb. 2, 2006 (PRIMEZONE) -- Comprehensive HealthCare Solutions, Inc. (OTCBB:CMHS) announces that it has signed a contract with the oldest painters union in the State of Florida, The International Union of Painters and Allied Trades (IUPAT) -- District Council 78. D.C. 78, which began in 1900, will provide Comprehensive's customized benefit discount cards for a variety of services needed by many of the Union's current members and retirees.
Buy.com Reports Record Annual Operating Results
ALISO VIEJO, Calif., Feb. 2, 2006 (PRIMEZONE) -- Buy.com(r), the Internet Superstore, today reported revenues of $111.6 million for the quarter ended December 31, 2005, an increase of 27% from revenues of $88.2 million in the fourth quarter of 2004. The 2005 fourth quarter revenue growth was almost double the year-over-year growth rate achieved during the first nine months of 2005. New customers during the fourth quarter of 2005 increased 39% over the fourth quarter of 2004. For the year ended December 31, 2005, revenues increased to $345.6 million, or 19% over 2004 revenues of $290.8 million.