latest news releases from the newsroom
Axium Technologies, Inc.
Axium Technologies Enters Into a Software Integration Agreement With CNB Technology Inc.
PASADENA, Calif., Dec. 19, 2006 (PRIME NEWSWIRE) -- Axium Technologies, Inc. (Pink Sheets:AXGI) -- is pleased to announce the signing of a Memorandum of Understanding with CNB Technology Inc., one of the leading surveillance products manufacturers in Korea (listed on KOSDAQ: 086200). According to the terms of the MOU, CNB Technology will license Axium's Maximum software as the standard surveillance monitoring software for all of CNB's IP addressable products, including DVRs and IP cameras. CNB shall provide Axium with its hardware at favoured nation's prices, while Axium will provide CNB with favourable terms regarding software license fees. Both companies will also jointly market CNB products.
Dow Jones Indexes
Dow Jones Wilshire Global exUS Real Estate Securities Index to Serve as Basis for New State Street Global Advisors' ETF
NEW YORK, Dec. 19, 2006 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and Wilshire Associates Incorporated, a global leader in investment technology, investment consulting and investment management, today announced the Dow Jones Wilshire exUS Real Estate Securities Index(sm) will serve as the basis for an exchange-traded fund, the streetTRACKS(r) DJ Wilshire International Real Estate ETF (AMEX:RWX), which launched today on the American Stock Exchange. The net total return version of the index has been licensed to State Street Global Advisors ("State Street") and it is the first index in the Dow Jones Wilshire Global Real Estate Index(sm) suite licensed as an ETF.
First Equity Group
StockMarketNewsAlert.com Issues New Trade Alert for GenVec, Inc.
BOCA RATON, Fla., Dec. 19, 2006 (PRIME NEWSWIRE) -- StockMarketNewsAlert.com issues New Trade Alert for GenVec, Inc. (Nasdaq:GNVC). According to M. D'Alonzo at First Equity Group Inc., "Recent news flow from the company has been very positive. The company recently announced the initial interim efficacy analysis of survival data from its ongoing Phase II/III Pancreas Cancer Clinical Trial with TNFerade(tm) in patients with locally advanced pancreatic cancer. The analysis was conducted as an initial component of a planned interim review of trial data by an independent data safety monitoring board."
MicroTRAKgps Increases Subscriber Base More Than Double in the Last 60 Days
DALLAS, Dec. 19, 2006 (PRIME NEWSWIRE) -- MicroTRAKgps, a division of The Tracking Corporation (Pink Sheets:MIOK), a provider of Global Positioning Systems (GPS) and Radio Frequency Identification (RFID) technology solutions, today announces that its subscriber base has increased more than double in the last 60 days. Due to the increased sales and the launch of Locate 1 and Jaguar/Land Rover we expect to see subscribers increase dramatically the first and second quarter of 2007.
HomeAid Earns 4-Star Rating From Charity Navigator
NEWPORT BEACH, Calif., Dec. 19, 2006 (PRIME NEWSWIRE) -- HomeAid, a leading national non-profit provider of housing for today's homeless, today announced that it has received a 4-star rating from Charity Navigator, America's largest independent evaluator of charities. Receiving four out of a possible four stars indicates that an organization excels, as compared to other charities in America, in successfully managing the finances of its operations in an efficient and effective manner.
JetBlue Airways Corporation
JetBlue Expands Boston Service to Third Caribbean Destination: Cancun, Mexico
NEW YORK, Dec. 19, 2006 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (Nasdaq:JBLU) today announces the expansion of its Caribbean network with nonstop service between Boston's Logan International Airport and Cancun, Mexico, effective March 2, 2007. In addition, JetBlue announced it will begin a second daily nonstop flight from New York's John F. Kennedy International Airport (JFK) to Cancun beginning March 1. The second daily flight from New York will complement the existing daily nonstop service to the Mexican destination that began November 30, 2006.
Nearly Half of U.S. Multinationals Struck by Crisis in Past 3 Years, PricewaterhouseCoopers Survey Finds
NEW YORK, Dec. 19, 2006 (PRIME NEWSWIRE) -- Nearly half (49 percent) of U.S.-based multinationals surveyed for the PricewaterhouseCoopers Management Barometer survey have been struck by a major "showstopper" or high-level crisis over the past three years -- that is, a significant event with catastrophic impact to one or more of their major business units or enterprise processes. Still, the majority claim recovery was swift with minimal financial consequences. Only half as many expect a crisis three years out, and concern is low. But those impacted by a recent crisis view their company as less well-prepared for the future.