latest news releases from the newsroom
FortuNet Reports First Quarter 2009 Results
LAS VEGAS, May 13, 2009 (GLOBE NEWSWIRE) -- FortuNet, Inc. (the "Company") (Nasdaq:FNET) today filed with the Securities and Exchange Commission its quarterly report on Form 10-Q for the quarter ended March 31, 2009.
Bank of Virginia
Bank of Virginia Announces First Quarter 2009 Earnings
MIDLOTHIAN, Va., May 13, 2009 (GLOBE NEWSWIRE) -- Frank Bell, III, President and Chief Executive Officer of Bank of Virginia (Nasdaq:BOVA) (www.bankofva.com) announced the Bank's first quarter 2009 financial performance today. The Bank reported a profit of $101 thousand or $0.03 cents per basic and diluted earnings per share. These positive results continue to demonstrate the Bank's dedication to concentrate on growing earnings during this challenging financial environment. In addition, the 1st Quarter 2009 results represent an increase in earnings compared to an $89 thousand loss in quarterly earnings reported March 31, 2008.
Intelligent Systems Corporation
Intelligent Systems Corporation Announces Record Date for Rights Offering
NORCROSS, Ga., May 13, 2009 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE Amex:INS) (www.intelsys.com) announced today that the record date for its previously announced shareholder rights offering will be May 22, 2009, subject to effectiveness of its Form S-3 Registration Statement on file with the Securities and Exchange Commission. It is anticipated that the offering will commence on the record date and will expire at 5:00 p.m. Eastern Daylight Time on June 22, 2009.
Adams Golf Announces Results for First Quarter 2009
PLANO, Texas, May 13, 2009 (GLOBE NEWSWIRE) -- Adams Golf (Nasdaq:ADGF) today reported net sales of $23.5 million for the three months ended March 31, 2009, as compared to $28.0 million for the three months ended March 31, 2008, a decrease of 16% year-over-year. The Company had net income of $0.4 million, or $0.05 per fully diluted share, for the first quarter 2009, as compared to net income of $0.8 million, or $0.11 per fully diluted share, for the comparable period of 2008.