latest news releases from the newsroom
Aveta Reports 2006 Second Quarter Results
NEW YORK, Aug. 17, 2006 (PRIMEZONE) -- Aveta Inc., a company that is a leader in Medicare Advantage and in addressing the healthcare needs of the chronically ill, reported today that revenues for the second quarter of 2006 totaled $354.0 million, an increase of 45.9% over pro forma revenues of $242.7 million for the second quarter of 2005. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 5.1% to a record $38.5 million in Q2 2006, compared to pro forma EBITDA of $36.7 million in Q2 2005. Adjusted second quarter earnings were $0.21 per share excluding stock option expense. Net income for the quarter was $15.1 million or $0.19 per share which includes $0.02 per share for stock option expense. Aveta's membership base of enrolled Medicare beneficiaries grew by more than 11,000 during the second quarter of 2006 to a total of 154,000, up 31% from the corresponding pro forma figure for the second quarter of 2005.
Emulex 4Gb/s HBAs Certified for Symantec Storage Foundation 5.0
COSTA MESA, Calif., Aug. 17, 2006 (PRIMEZONE) -- Emulex(R) Corporation (NYSE:ELX), one of the most trusted names in storage networking connectivity, today announced that its industry-leading 4Gb/s PCI-X and PCI Express connectivity solutions have completed hardware qualification testing in the Symantec Technology Enabled Program for Symantec's Veritas Storage Foundation 5.0.
Telenor Signs Large-Scale Agreement With DaimlerChrysler Services Fleetboard
OSLO, Norway, Aug. 17, 2006 (PRIMEZONE) -- Telenor Sweden has signed an agreement with DaimlerChrysler Services Fleetboard concerning fleet management services. All trucks with Fleetboard system will be equipped with Swedish SIM cards from Telenor. Telenor already has agreements with Volvo and Scania, but the agreement with DaimlerChrysler Services Fleetboard is an enormous breakthrough on the international market.
New Management and Growth Capital: Epoch Homes Sells Controlling Interest
PEMBROKE, N.H., Aug. 17, 2006 (PRIMEZONE) -- Epoch Corporation of Pembroke, NH announces that it has sold a controlling interest to Concord, NH businessman, John D. Ela and Ironwood Equity Fund, a private equity fund based in Avon, CT. John Ela will serve as President and CEO and Epoch co-founder, Doug Basnett, will continue in a leadership position with the firm as Chief Operating Officer and remains a shareholder. Pat Laughlin and Tom Swanson, two of the original owners that started the Company with Doug in 1983 have decided to retire. Pat Laughlin says, "Knowing we are leaving the Company in good hands makes it much easier for us to retire at this time."
Cytomedix CEO Dr. Kshitij Mohan Set for Market News First Live Interview on Friday, Aug. 18, 2006
ROCKVILLE, Md., Aug. 17, 2006 (PRIMEZONE) -- Cytomedix, Inc. (AMEX:GTF), a biotechnology company specializing in developing and licensing systems for the treatment of non-healing chronic wounds including diabetic ulcers, today announced that Chairman and Chief Executive Officer Kshitij Mohan, Ph. D., will be the subject of an exclusive interview live on Market News First on Friday, August 18, at 10:30 a.m. Eastern time.
WhitePages.com Launches Centers
SEATTLE, Aug. 17, 2006 (PRIMEZONE) -- WhitePages.com, the leading provider of online directory assistance services, today announced the launch of WhitePages.com Centers, a set of task-oriented special content areas for WhitePages.com consumers seeking helpful information related to a specific need including planning a wedding, buying a car, moving or embarking on a home improvement project.
JetBlue Airways Corporation
JetBlue Completes New York-Washington-Boston Triangle
NEW YORK, Aug. 17, 2006 (PRIMEZONE) -- JetBlue Airways (Nasdaq:JBLU) today launches up to six daily nonstop flights between New York/John F. Kennedy International Airport (JFK) and Washington, D.C./Dulles International Airport. Regular fares will range from $50(a) to $145(a) each way, up to 72 percent less than pre-JetBlue fares in this market.