latest news releases from the newsroom
Scott+Scott, LLC Files Class Action Lawsuit Against Ionatron, Inc. on Behalf of Investors -- IOTN
COLCHESTER, Conn., July 13, 2006 (PRIMEZONE) -- On July 13, 2006, Scott+Scott, LLC, filed a class action against Ionatron, Inc. ("Ionatron" or the "Company") (Nasdaq:IOTN) and certain officers and directors in the U.S. District Court for the District of Arizona. The action is on behalf of Ionatron securities purchasers during the period June 27, 2005, through May 10, 2006, inclusive (the "Class Period"), for violation of the Securities Exchange Act of 1934. Ionatron develops and manufactures directed-energy weapons based on its Laser Induced Plasma Channel ("LIPC") technology. The complaint alleges that defendants made false and misleading statements and material omissions regarding the battle field-readiness of its weapons. As a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.
UTi Worldwide Announces Closing of Financing Agreements
RANCHO DOMINGUEZ, Calif., July 13, 2006 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced that the closings for its previously disclosed intention to issue $200.0 million (principal amount) of senior guaranteed notes and to enter into a new senior credit facility were effected today. The obligations under the notes and the credit facility are guaranteed by various UTi subsidiaries.
AutoZone Offers Money-Saving Gas Mileage and Summer Car Care Tips
MEMPHIS, Tenn., July 13, 2006 (PRIMEZONE) -- With gas prices soaring, you want to make sure you get the most out of every tank. Combine that with summer heat and travel, tuning up your car or truck takes on added importance. These money-saving tips from AutoZone can help you maximize your fuel economy and keep your car performing at its peak this summer:
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against NPS Pharmaceuticals, Inc. -- NPSP
HARTFORD, Conn., July 13, 2006 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the District of Utah on behalf of all persons who purchased the publicly traded securities of NPS Pharmaceuticals, Inc. ("NPS" or the "Company") (Nasdaq:NPSP) between August 10, 2005 and May 2, 2006, inclusive, (the "Class Period").
EffTec International, Inc.
Efficiency Technologies, Inc. Announces Contract with International Healthcare Company
TULSA, Okla., July 13, 2006 (PRIMEZONE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announces its first contract of the EffTrack(tm) web-based software service with a Fortune 500, S&P 100 international healthcare company.