latest news releases from the newsroom
China Biolife Enterprises, Inc.
Sequester Holdings, Inc. Announces Name Change to China Biolife Enterprises, Inc. Under the New Symbol CBFE
GUANGZHOU, China, Dec. 26, 2006 (PRIME NEWSWIRE) -- China Biolife Enterprises, Inc. (Pink Sheets:CBFE) is pleased to announce that it has signed a definitive agreement with Sequester Holdings, Inc. The corporation will also be changing its name from Sequester Holdings, Inc. to China Biolife Enterprises, Inc., to better reflect its core business, effective immediately. The new trading symbol will be "CBFE" and a new CUSIP number 16937k109. All current management of Sequester Holdings, Inc. has resigned.
Software Effective Solutions Inc. (SES)
Fibercom Purchases SES CRM Software
MAKATI and MANILA, Phillipines, Dec. 26, 2006 (PRIME NEWSWIRE) -- Software Effective Solutions Inc (SES), a provider of enterprise software aimed at small and medium-sized enterprises and telecom operators, today announced that it has signed an agreement with Fibercom, a leading fiber-optic and systems integrator operating in the Far East.
Nord Resources Corporation
Nord Resources Corporation Announces Stockholder Update of Merger Status
TUCSON, Ariz., Dec. 26, 2006 (PRIME NEWSWIRE) -- Mr. Ronald A. Hirsch, Chairman of the Board of Directors of Nord Resources Corporation ("Nord") (Pink Sheets:NRDS) announced today that the closing of the proposed acquisition of Nord by Platinum Diversified Mining, Inc. ("Platinum") in the all-cash merger transaction (the "Merger") announced on October 23, 2006, did not take place as scheduled on December 22, 2006.
Trimedyne Reports Sales and Profit for The Quarter and Fiscal Year Ended September 30, 2006
LAKE FOREST, Calif., Dec. 26, 2006 (PRIME NEWSWIRE) -- Trimedyne, Inc. (OTCBB:TMED) today reported a profit of $97,000 or $0.01 per share on revenues of $6,237,000 for its fiscal year ended September 30, 2006, compared to a profit of $186,000 or $0.01 per share on revenues of $6,482,000 for the prior year. The small decline in revenues in current year was due to decreased unit sales of lasers in our spinal business. The decline in profit in the current year was due to the decrease in unit sales of spinal lasers and a higher cost of goods, which was partially offset by an increase in other income, primarily royalties from Lumenis, Ltd.