latest news releases from the newsroom
Horizon Offshore Inc.
Horizon Offshore Receives Notice of Possible Nasdaq Delisting
HOUSTON, Aug. 19, 2004 (PRIMEZONE) -- Horizon Offshore, Inc. (NASDAQ:HOFF) announced today that it has received notice from the Nasdaq Stock Market that the Company is not in compliance with the minimum bid price requirement for continued listing on the Nasdaq National Market (the "National Market"). The Company's common stock has closed for the last 30 consecutive business days below the minimum $1.00 per share requirement for continued inclusion under Marketplace Rule 4450(b)(4) (the "Rule"). The letter provides the Company 180 days, or until February 14, 2005, to regain compliance with the $1.00 per share requirement. The letter further provides that if, at anytime before February 14, 2005, the bid price of the common stock of the Company closes at $1.00 per share or more for a minimum of 10 consecutive business days, Nasdaq will notify the Company that it is in compliance with the Rule.
Murray, Frank & Sailer LLP
Investor Notice: Murray, Frank & Sailer LLP Announces Shareholder Lawsuit Against Biolase Technology, Inc. -- BLTI
NEW YORK, Aug. 19, 2004 (PRIMEZONE) -- Murray, Frank & Sailer LLP announces that a class action lawsuit was filed in the Central District of California on behalf of a class (the "Class") consisting of all persons who purchased or otherwise acquired the securities of Biolase Technology, Inc. ("Biolase" or the "Company") (Nasdaq:BLTI) between October 29, 2003 and July 16, 2004, inclusive (the "Class Period").
Education Loan Resources
ELR Waives Student Loan Origination Fee
LOS ANGELES, Aug. 19, 2004 (PRIMEZONE) -- Education Loan Resources (ELR) is now offering California's lowest cost student loans. ELR's zero-fee Stafford Loan is designed to make a college education more affordable for California residents and students attending California schools.
Power3 Medical Products
Power3 Comments on Market Activity
THE WOODLANDS, Texas, Aug. 19, 2004 (PRIMEZONE) -- Power3 Medical Products, Inc. (OTCBB:PWRM), a leading proteomics company, has issued this press release to inform its shareholders and other interested parties that it has come to management's attention that there have been messages left on answering machines purporting to convey information about Power3 Medical Products. The Company is not a party to any of these activities, nor approves of them.
General Environmental Management, Inc.
General Environmental Management, Inc. Completes the Acquisition of Prime Environmental Services, Inc.
POMONA, Calif., Aug. 19, 2004 (PRIMEZONE) -- General Environmental Management, Inc. (GEM), www.go-gem.com, a leading environmental and remediation solutions company, announced today that it has completed the acquisition of Prime Environmental Services, Inc. (Prime) with offices in El Monte, CA and Sea Tac, WA.
HydroFlo Technology to be Profiled Worldwide on the EcoWatch TV Program
RALEIGH, N.C., Aug. 19, 2004 (PRIMEZONE) -- HydroFlo, Inc. (OTCBB:HYRF) announced today that it has been invited to profile the Company's arsenic removal and wastewater treatment technologies on EcoWatch, a major environmental television series produced by United Media Communications Group (UMCG) and utilizing the knowledge, expertise and scientific resources of the United Nations Environment Program (UNEP).