latest news releases from the newsroom
JetBlue Airways Corporation
JetBlue Announces New Service Between Washington D.C./Dulles and West Palm Beach
NEW YORK, Aug. 2, 2006 (PRIMEZONE) -- JetBlue Airways (Nasdaq:JBLU) today announces it will begin new nonstop service between Washington D.C./Dulles International Airport and West Palm Beach, FL with one daily non-stop flight beginning October 3. A special introductory fare of $79(a) each way is available for purchase through August 15, for travel through November 15. Regular fares will range between $99(a) and $299(a) each way, up to 53 percent less than existing fares in this market.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. to Issue Second Quarter 2006 Results and Hold Investor Conference Call
NEW YORK, Aug. 2, 2006 (PRIMEZONE) -- Eagle Bulk Shipping, Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry-bulk shipping industry, will report its financial results for the 2006 second quarter after the close of stock market trading on Monday, August 7th. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:30 a.m. ET on Tuesday, August 8th, to discuss the results. To participate in the teleconference, investors and analysts are invited to call 866-831-6291 in the U.S., or 617-213-8860 outside of the U.S., and reference participant code 43153660. A simultaneous webcast of the call, including a slide presentation for interested investors and others, may be accessed by visiting http://www.eagleships.com. A telephonic replay will be available following the call until 12:00 a.m. ET on August 15th, 2006. To access the replay, call 888-286-8010 in the U.S., or 617-801-6888 outside of the U.S., and reference passcode 95623863.
Senior Executives Say U.S. Has Lost Competitiveness Over Past Five Years
NEW YORK, Aug. 2, 2006 (PRIMEZONE) -- Nearly half of surveyed senior executives believe the country has lost ground in its economic competitiveness, and in educating its people to meet new global business challenges. But most remain optimistic about the long-term ability of U.S. business to grow and increase profits, and in their own company's ability to be competitive with its global rivals, PricewaterhouseCoopers finds.
Theater Xtreme Entertainment Group, Inc.
Learn About Theater Xtreme Entertainment Group's Growth On MN1.com
NEWARK, Del., Aug. 2, 2006 (PRIMEZONE) -- Theater Xtreme Entertainment Group (OTCBB:TXEG), a Newark, DE-based home cinema retailer and franchisor of home cinema design and installation centers, announced today its CEO, Scott R. Oglum, will be live on Market News First at 3:00 PM ET, Wednesday, August 2, 2006.
TX Holdings, Inc.
W.A. 'Bill' Alexander, Former Kirby Exploration, VP of Engineering & Operations, Named Chief Operating Officer of TX Holdings, Inc.
MIAMI BEACH, Fla., Aug. 2, 2006 (PRIMEZONE) -- TX Holdings, Inc. (Pink Sheets:TXHG) is very pleased to announce that it has hired W.A. "Bill" Alexander as its Chief Operating Officer. Mr. Alexander joins the Company with extensive experience in all areas of petroleum engineering, field operations and reservoir engineering.
Intelligent Systems Corporation
Intelligent Systems Completes Sale of QS Technologies Subsidiary
NORCROSS, Ga., Aug. 2, 2006 (PRIMEZONE) -- Intelligent Systems Corporation (AMEX:INS) today announced the sale of its QS Technologies, Inc. business to Netsmart Technologies, Inc. (Nasdaq:NTST) effective July 31, 2006. Intelligent Systems sold the QS Technologies' business and related assets for $1.9 million cash, a promissory note of $1.435 million and the assumption by Netsmart of approximately $1.8 million in net liabilities of QS. In addition, ISC retained accounts receivable and cash of QS Technologies aggregating approximately $2.0 million. The transaction also provides for potential additional payments to Intelligent Systems of up to $1.45 million in 2008, contingent upon the attainment of performance milestones by the QS business through 2007.
Universal Detection Technology
Universal Detection Technology Comments on Britain's New Security Alert System
LOS ANGELES, Aug. 2, 2006 (PRIMEZONE) -- Universal Detection Technology (OTCBB:UDTT) (XETRA:PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, commented on UK's new security alert system. Today, faced with growing criticism that it was failing to spell out the threat from groups such as Al-Qaeda, the government of the United Kingdom launched a new security alert system and ranked the terrorist threat as "severe." The system has five levels ranging from "low" to "critical" and is similar to the one used in the United States. "Severe" is the second highest level.