latest news releases from the newsroom
America First Multifamily Investors, L.P.
America First Tax Exempt Investors L.P. Reports 2008 Financial Results and Recent Bond Investment Redemptions
OMAHA, Neb., March 4, 2009 (GLOBE NEWSWIRE) -- America First Tax Exempt Investors, L.P. (Nasdaq:ATAX) (the "Company") reported its financial results for the year ended December 31, 2008 on its Annual Report on Form 10-K. The Company reported a net loss of $1.0 million and net income allocated to Beneficial Unit Certificate ("BUC" or "share") holders of $2.7 million or $0.20 per share for the year ended December 31, 2008. The reported loss is largely due to the effects of fourth quarter adjustments to the fair value of interest rate derivative contracts that are reported as expenses on the Company's statement of operations.
Ascentage Group LLC
New Ascentage Website Explains How Group Can Help Tech Firms Accelerate Business Growth
CONCORD, N.H., March 4, 2009 (GLOBE NEWSWIRE) -- Ascentage Group LLC, which recently completed its name change from Henniker River Group, has launched a new website that reflects the company's re-branding. The website, http://www.ascentagegroup.com, describes Ascentage Group's new, expanded business development services and how it can guide the growth, evolution, and exit objectives of small to mid-sized technology companies.
Southern National Bancorp
Sonabank Introduces SABL, a Proprietary On-Line Asset Based Lending System
MCLEAN, Va., March 4, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA) announced today that its banking subsidiary, Sonabank, has completed the design and the coding of SABL, a state of the art asset based lending system and has begun beta testing of the system with two clients. One of the clients is a major government contractor and the other is a major contractor in the commercial construction business. Both are long time fixtures in the Northern Virginia market and are long time clients of the Bank. It is anticipated that the beta testing will take from two to four weeks. New clients may be added as soon as we determine that the system contains no serious glitches.