latest news releases from the newsroom
Universal Stainless & Alloy Products, Inc.
Universal Stainless Reports Record Quarter and Annual Sales
BRIDGEVILLE, Pa., Jan. 20, 2005 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today reported fourth quarter 2004 record sales of $37.0 million and net income of $2.6 million, or $0.40 per diluted share. For the full year 2004, sales were a record $120.6 million. Net income was $7.1 million, or $1.12 per diluted share, and included a total of $1.1 million, or $0.11 per diluted share, of other income from import duties received in 2004. Of that amount, $507,000, or $0.05 per diluted share, was received in the fourth quarter, as previously announced.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Supportsoft, Inc. -- SPRT
BALA CYNWYD, Pa., Jan. 20, 2005 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern District of California on behalf of all persons (the "Class") who purchased the securities of Supportsoft, Inc. ("Supportsoft" or the "Company")(Nasdaq:SPRT) between January 20, 2004 and October 1, 2004 (the "Class Period"). The Complaint names the following Defendants: Supportsoft, Radha R. Basu and Brian M. Beattie. A copy of the Complaint filed in this action can be obtained from the Court or you can call our offices toll free at either 877-534-2590 to speak with an attorney regarding this matter and we will send you a copy of the Complaint.
The Cervelle Group Signs New Client For Investor Relations And Financial Communications Campaign
ORLANDO, Fla., Jan. 20, 2005 (PRIMEZONE) -- The Cervelle Group, an investor relations/public relations company offering small and mid-cap publicly held companies a range of investment, media and financial communications-related programs, announced today it has signed ChampionLyte Holdings Inc.(OTCBB:CPLY) as a client. The Cervelle Group will develop and provide ChampionLyte with a comprehensive financial and media communications campaign targeting the U.S. and Canada.
Bert Fish Medical Center Selects Vianeta Speech Recognition Solution
MILPITAS, Calif., and NEW SMYRNA BEACH, Fla., Jan. 20, 2005 (PRIMEZONE) -- Bert Fish Medical Center, a leading provider of healthcare in the Daytona Beach, Florida area has selected the Vianeta Harmony Health Information Management Platform. Vianeta Harmony offers advanced capabilities such as Speech Recognition Desktop (SRD) and Speech Recognition Enterprise Server (SRES) throughout its organization. Both products provide enhanced accuracy, decrease Discharge Not Final Billed (DNFB) turnaround time, and improve access to the patient data that Bert Fish medical providers need to deliver first class patient care. Vianeta's Web-based XML platform achieves all of this with rapid installation, unaltered physician behavior and easy integration with existing hospital applications.
TeliaSonera Sweden quadruples speed of GSM network and increases network coverage to 90 percent of Sweden
STOCKHOLM, Sweden, Jan. 20, 2005 (PRIMEZONE) -- TeliaSonera Sweden is now sharply increasing the speed of data traffic throughout its GSM network by introducing EDGE technology, which allows fast and easy use of mobile services of the future. TeliaSonera Sweden is also increasing the operating reliability of the entire network and expanding coverage to 90 percent of Sweden. The build-out involves an investment of approximately SEK 1 billion, distributed over a four-year period.
EU Approves Majority Interest of Fortis in Portugal's Biggest Bank-Insurer
BRUSSELS, Belgium, Jan. 20, 2005 (PRIMEZONE) -- Yesterday evening the EU granted final approval to the joint venture announced between Fortis and Banco Comercial Portugues (BCP), Portugal's biggest private bank. The deal will give Fortis a 51% stake in, and management control of, the Portuguese bank-insurer's operations. The new joint venture in bancassurance, Millenniumbcp Fortis Insurance Group, will be Portugal's market leader in life insurance. The parties aim to finalise the agreement and transfer of ownership in the coming weeks.