latest news releases from the newsroom
Microsemi Introduces MRI Industry's First Switching Dual Diodes Module
IRVINE, Calif., Oct. 25, 2005 (PRIMEZONE) -- Microsemi Corporation (Nasdaq:MSCC), a global manufacturer of high reliability semiconductors for the MRI clinical market, announced today that it has developed the industry's first MRI switching dual diodes module -- designed to optimize performance, eliminate polarity errors, and reduce system assembly labor and cost.
Manhattan Pharmaceuticals, Inc.
Manhattan Pharmaceuticals to Present At the PIPEs Conference 2005 In New York
NEW YORK, Oct. 25, 2005 (PRIMEZONE) -- Manhattan Pharmaceuticals, Inc. (AMEX:MHA) announced that Douglas Abel, President and Chief Executive Officer, will present at the PIPEs Conference 2005 on October 26 and 27 at the Waldorf-Astoria Hotel in New York City. Mr. Abel will provide a corporate overview, including a review of the Company's lead product candidate Oleoyl-estrone (OE), an experimental, orally administered small molecule in development for the treatment of obesity.
Mediware Information Systems, Inc.
Mediware Reports First Quarter Fiscal 2006 Results
LENEXA, Kan., Oct. 25, 2005 (PRIMEZONE) -- Mediware Information Systems, Inc. (Nasdaq:MEDW) reported total revenue for the first quarter of fiscal 2006 of $9.4 million compared to $8.5 million for the first quarter of fiscal 2005. Operating income for the quarter just ended was $1.1 million versus $1.0 million for the prior year's quarter. Net income for the quarter just ended was $737,000, or 9 cents per basic and fully diluted share, compared to net income of $643,000, or 8 cents per basic fully diluted share in the comparable quarter of fiscal 2005.
Key Hospitality Acquisition Corporation
Key Hospitality Acquisition Corporation Announces its Initial Public Offering
NEW YORK, Oct. 25, 2005 (PRIMEZONE) -- Key Hospitality Acquisition Corporation (OTCBB:KHPAU) today announced the pricing of its initial public offering of 6,000,000 units at a price of $8.00 per unit. Each unit consists of one share of common stock and one warrant. In addition, the underwriters have a 45-day option to purchase up to an additional 900,000 units from the Company at the initial public offering price less the underwriting discount. The units will trade on the OTC Bulletin Board under the symbol "KHPAU."
Northrop Grumman Corp.
Northrop Grumman Reports Third Quarter 2005 Results
LOS ANGELES, Oct. 25, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) reported third quarter 2005 income from continuing operations of $288 million, or $0.80 per diluted share, compared with $291 million, or $0.80 per diluted share, for the same period of 2004. Third quarter 2005 sales were unchanged at $7.4 billion.
Vitrolife Further Strengthens its Sales Organization
STOCKHOLM, Sweden, Oct. 25, 2005 (PRIMEZONE) -- Vitrolife has employed Jonas Falk as the new Director of Sales and Key Account Marketing for the European and Asian regions. "This is yet another part of our strong market drive to be able to provide direct support for and direct marketing efforts at more clinics," says Vitrolife's CEO, Magnus Nilsson.
Apria Healthcare Group Inc.
Apria Healthcare Announces 2005 Third Quarter Financial Results
LAKE FOREST, Calif., Oct. 25, 2005 (PRIMEZONE) -- Apria Healthcare Group Inc. (NYSE:AHG), the nation's leading home healthcare company, today announced its financial results for the quarter ended September 30, 2005 and other developments. The Company also announced that Apria's Board of Directors has concluded that the interests of shareholders are best served by focusing 100% on revenue growth and operating improvements and terminating the process of entertaining potential offers for the Company.