latest news releases from the newsroom
Cornell Companies, Inc.
Cornell and Other Private Corrections Providers Notified of Transition to Request For Proposal by Federal Bureau of Prisons
HOUSTON, March 22, 2006 (PRIMEZONE) -- Cornell Companies, Inc. (NYSE:CRN) has received notification from the Federal Bureau of Prisons (BOP) that four intergovernmental service agreements between the BOP and private corrections providers relating to facilities located in West Texas will be transitioned to long-term direct contracts through a request for proposal (RFP), including the contract under which Cornell manages its facility in Big Spring, Texas. Other private corrections providers operating facilities in West Texas under similar agreements will be subject to this decision as well.
American Specialty Health
American Specialty Health Provides Health, Wellness Discounts to Seven Blue Cross and Blue Shield Plans' MedicareBlue Rx and MedicareBlue PPO Members
SAN DIEGO, March 22, 2006 (PRIMEZONE) -- American Specialty Health (ASH), the nation's leading complementary health care organization, announced a new agreement with a seven-state alliance of independent Blue Cross and Blue Shield Association licensees in Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Wyoming.
Neoware Leads Thin Client Computing Industry in 5 Year Growth
KING OF PRUSSIA, Pa., March 22, 2006 (PRIMEZONE) -- Neoware, Inc. (Nasdaq:NWRE), the leading supplier of software-powered thin client solutions for enterprises that make computing more secure, reliable, affordable and manageable, today announced that, according to recently released calendar year 2005 figures from IDC, Neoware continued to gain market share in 2005. The IDC report indicates that Neoware leads the rapidly growing thin client segment of the PC market in compound annual growth (CAGR) for worldwide shipments and revenue between 2001 and 2005, as well as in sales of increasingly popular Linux-based thin clients. IDC reported these numbers in the IDC Enterprise Thin-Client QView, 4Q05, No. 35034.
Integra LifeSciences Holdings Corp.
Integra LifeSciences Introduces the Panta Arthrodesis Nail
PLAINSBORO, N.J., March 22, 2006 (PRIMEZONE) -- Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced the release of the Panta(R) Arthrodesis Nail, an innovative solution for tibiotalocalcaneal fusion. The Panta Nail has received clearance from the Food and Drug Administration (FDA) in the United States and a CE Mark Certification in the European Union. Integra will feature the product at the American Association of Orthopedic Surgeons in Chicago this week.
Fidelity International Limited's Holding in Metso Increased to 5.11 Percent
HELSINKI, Finland, March 22, 2006 (PRIMEZONE) -- Metso Corporation has been informed about an increase in the holding of the Fidelity International Limited and its subsidiaries of the paid up share capital of Metso Corporation. On March 20, 2006, Fidelity International Limited and its subsidiaries owned a total of 7,232,882 Metso shares, which corresponds to 5.11 percent of the paid up share capital and voting rights of Metso Corporation. On the basis of the previous announcement, their holding was 4.98 percent on March 16, 2006.
Micron Enviro Systems, Inc.
Micron Shares Now Trading on Frankfurt Stock Exchange
VANCOUVER, British Columbia, March 22, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) (Frankfurt:NDD) ("Micron") is extremely pleased to announce that its shares are being traded on the Frankfurt Stock Exchange under the symbol NDD. The Frankfurt Stock Exchange is the world's third largest (behind only the Nasdaq and NYSE) organized exchange-trading market in terms of turnover and dealings in securities. This listing will enable Micron to attract European institutional and individual investors. Recently, there has been an influx of junior resources companies listing on the Frankfurt market, resulting in tremendous growth in shareholder awareness and shareholder value of those companies. This new listing will not dilute Micron's shares in any way.
Northrop Grumman Corp.
Northrop Grumman Establishes Asia-Pacific Distribution Center
CHARLOTTESVILLE, Va. -- March 22, 2006 -- Northrop Grumman Corporation (NYSE:NOC) has expanded its commercial marine operations in Singapore with the creation of an Asia-Pacific Distribution Center for its Sperry Marine business unit, in a move to provide faster, more responsive shipboard service for both owners of commercial vessels and shipyards in the region.
Horizon Offshore Inc.
Horizon Offshore Announces 1-for-25 Reverse Stock Split
HOUSTON, March 22, 2006 (PRIMEZONE) -- Horizon Offshore, Inc. (OTCBB:HOFF) announced today that it plans to effect a one-for-twenty-five (1:25) reverse stock split following the close of business on April 12, 2006. The reverse stock split, which was authorized by the Company's board of directors and approved by written consent by the holders of approximately 72.1% of its outstanding common stock, is expected to begin trading on a split-adjusted basis on April 13, 2006 on the Over the Counter Bulletin Board. In conjunction with the reverse stock split, the Company's board of directors and holders of approximately 72.1% of its outstanding common stock also approved the reduction in the number of authorized shares of the Company's common stock from 1.5 billion to 100 million.