latest news releases from the newsroom
MSE EcoEngine, Inc.
MSE EcoEngine Announces Signing of R&D Agreement
TORONTO, Jan. 26, 2005 (PRIMEZONE) -- MSE EcoEngine Inc. (Pink Sheets:MSEE) today announced the formal signing of a R&D Agreement with its major shareholder, MSE Ecology Engines Inc., of Canada to jointly develop the MSE EcoEngine. The technology developed will be available to each company for the exclusive use in their respective market areas.
SouthCrest Financial Group, Inc.
SouthCrest Financial Group, Inc. Announces Earnings
FAYETTEVILLE, Ga., Jan. 26, 2005 (PRIMEZONE) -- SouthCrest Financial Group, Inc. (OTCBB:SCSG) reported net income of $3,857,000 or $1.52 per share for the year ended December 31, 2004 compared to $3,335,000 or $1.53 per share for 2003. For the fourth quarter of 2004, net income was $1,172,000 or $0.32 compared to $766,000 or $0.35 for the same period last year. Most of the increase in net income for both the year and quarter was the result of the Company's merger with First Polk Bankshares, Inc. on September 30, 2004. Assets and liabilities and results of operations for First Polk are only included in the balance sheets and income statements of the Company from the date of merger going forward.
Vault Releases New Employee Surveys on Hewlett-Packard
NEW YORK, Jan. 26, 2005 (PRIMEZONE) -- New York research firm Vault (Website at Vault.com) has just published new employee surveys on tech giant Hewlett-Packard (NYSE:HPQ) providing "insider" information on corporate culture, compensation and hiring practices at the company.
Inflexion Communications Corporation
Inflexion Announces Its Voice Led Convergence Strategy
LAUREL, Md., Jan. 26, 2005 (PRIMEZONE) -- For the past 100 years, communications companies have focused on voice as the key application on their networks. Inflexion's Voice Led Convergence ("VLC") strategy recognizes the enormous value of voice, but relies on video as the key driver of differentiation in its IP deployments. As Kevin Sampson, VP Marketing stated, "Vision is the greatest and most important sense -- why have companies ignored this as they create communications systems. Without video and the other unique applications that we position on our network, the IP system looks just like the traditional network." This strategy has attracted the attention of dozens of non-traditional technology companies. These companies desire to partner with Inflexion to exploit the opportunities associated with the deployment of IP networks.
OmniCorder Technologies, Inc.
OmniCorder Technologies, Inc. Launches New Website
BOHEMIA, N.Y., Jan. 26, 2005 (PRIMEZONE) -- OmniCorder Technologies, Inc. (OTCBB:OMCT), a leading developer of functional medical imaging systems, today announced the launch of a new corporate website. After several months of design, development and content review, OmniCorder is proud to direct investors, clinicians, patients, customers and the general public to www.omnicorder.com. The website has a new look and feel and focuses on the BioScanIR(R) System, the company's functional medical imaging modality.
SYSCO to Expand Foodservice Distribution Reach With New North Carolina Facility
HOUSTON, Jan. 26, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, today announced plans to broaden its industry-leading distribution coverage with the construction of a "fold-out" facility in North Carolina. SYSCO has tentatively selected a site on U.S. Highway 70 By-Pass Frontage Road, which is located in Selma, North Carolina, in Johnston County. Due diligence is currently underway, including geotechnical and environmental studies.
Scott + Scott, LLC Will Move For Lead Counsel Today In Marsh & McLennan Class -- MMC
COLCHESTER, Conn., Jan. 26, 2005 (PRIMEZONE) -- Scott + Scott, LLC will move for lead plaintiff/lead counsel in the pension benefits case against Marsh & McLennan (MMC). MMC is the Plan Sponsor and is a fiduciary of the Plan within the meaning of ERISA. Marsh & McLennan (NYSE:MMC) exercises discretionary authority with respect to management and administration of the Plan and/or management and disposition of the Plan's assets. Marsh & McLennan at all times acted through its officers and employees, including its Chief Executive Officer ("CEO") and members of its Board oversight and/or Plan administrative committees appointed by the Company to perform MMC's Plan-related fiduciary functions in the course and scope of their employment.