latest news releases from the newsroom
Kforce Inc. Announces Third Quarter 2007 Earnings and Conference Call
TAMPA, Fla., Oct. 2, 2007 (PRIME NEWSWIRE) -- Kforce Inc. (Nasdaq:KFRC), a specialty staffing firm, on Tuesday, October 30, 2007, will release third quarter results post-market and host a conference call to discuss the results on Wednesday, October 31, 2007. The call will begin at 8:30 a.m. Eastern Standard Time. The dial-in number is 888-593-6050. The replay of the call will be available from 10:30 a.m. Eastern Standard Time Wednesday, October 31 to November 14, 2007, by dialing 888-203-1112, passcode 3540996.
Mariner's Choice International, Inc.
Mariner's Choice Signs Private Label Agreement
JACKSONVILLE, Fla., Oct. 2, 2007 (PRIME NEWSWIRE) -- Mariner's Choice International Inc. (Pink Sheets:MCII) has signed a private label agreement with a distributor servicing the industrial and automotive markets. This distributor has integrated Mariner's Choice SUPER Wax & Polish into their product line-up. Initial orders of $10,000 have been fulfilled, of which the majority of the products have already been sold and delivered to their end-user customers. Management anticipates, but cannot provide assurances, that annual orders for the SUPER Wax & Polish through this distributor may reach in excess of $1.5 million during 2008, as a result of their existing sales, as well as the recent contract that has been entered into by the distributor with one of their key customers.
Barnwell Industries, Inc.
Barnwell Industries, Inc. Reports Option Payment Receipt; Other News
HONOLULU, Oct. 2, 2007 (PRIME NEWSWIRE) -- Barnwell Industries, Inc. (AMEX:BRN) today reported the receipt of an option payment. Mr. Morton H. Kinzler, Chairman and Chief Executive Officer of Barnwell, commented, "We are very pleased to report that Kaupulehu Developments, Barnwell's 77.6% owned land development partnership, received a $1,927,000 payment for a portion of the seventh payment due on December 31, 2007 of the ten scheduled option payments relating to the development rights within Hualalai Resort. The remaining $729,000 portion of the seventh payment is due on December 31, 2007. If any annual option payment is not made, the then remaining development right options will expire. There is no assurance that any portion of the remaining options will be exercised.
Magnatag Visible Systems
Magnatag Hires Retired Army Major General Robert Mixon to Oversee Growth Strategy
MACEDON, N.Y., Oct. 2, 2007 (PRIME NEWSWIRE) -- Magnatag(r) Visible Systems, a leading manufacturer and direct provider of industrial-quality magnetic printed whiteboards and related products, has named retired Army Maj. Gen. Robert Mixon as President to oversee day-to-day operations and help spearhead the company's overall growth strategy. Mixon will also serve as president of Magnatag's parent company, W.A. Krapf, Inc.
Genesis Pharmaceuticals Enterprises, Inc.
Genesis Technology Group Merges With Chinese Pharmaceutical: 'Crowning Achievement' Says Management
BOCA RATON, Fla., Oct. 2, 2007 (PRIME NEWSWIRE) -- Genesis Technology Group, Inc. (OTCBB:GTEC) has entered into a reverse merger with a company that owns and controls Laiyang Jiangbo Pharmaceuticals Co., Ltd. ("LJPC"), a Chinese pharmaceutical company. For its fiscal year ended June 30, 2007, the Company reported total revenue of $76,000,000; net income of $22,000,000; total assets of $55,000,000; and cash on hand of $17,000,000.
Hybrid Coating Technologies Inc.
EPOD Secures 650 Kilowatt Solar Farm Installation
RENO, Nev., Oct. 2, 2007 (PRIME NEWSWIRE) -- EPOD International Inc. (the "Company," "EPOD") (Pink Sheets:EPOI) (Frankfurt:EDU), a Grid-Integrated, eco-power utility and electric power systems provider, has secured the purchase of a property in Bornkessel, Germany which it has determined is amenable to installation of a 650 kilowatt solar farm. EPOD intends to immediately develop and install the solar power facility on the property, with completion of installation scheduled for the end of January, 2008. Under German law, all power production will be sold to the German government under a 20 year fixed power purchase tariff that is currently paying at a rate of approximately $0.65 per kilowatt hour of solar electricity produced. Assuming full production over that 20 year term at the existing tariff rate, EPOD estimates that the facility would generate aggregate revenue of approximately $10 million. EPOD plans to continue to secure additional installation sites as part of its overall recurring revenue model.
Dow Jones Indexes
Dow Jones Indexes Reinforces Commitment to Trustee Education With Formation of Pension Plan Best Practices Panel
NEW YORK, Oct. 2, 2007 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the formation of an industry-wide pension fund management best practices panel to educate plan trustees regarding index benchmarking solutions. The goal is to properly elevate the understanding and measurement of portfolio risk and return incumbent to every pension fund fiduciary. Called "Sweat the Details," the panel includes experts in all areas of the pension fund arena chosen to appeal to a local constituency.