latest news releases from the newsroom
Nomadix Ranked Number 373 Fastest Growing Technology Company in North America on the 2005 Deloitte Technology Fast 500
NEWBURY PARK, Calif., Oct. 19, 2005 (PRIMEZONE) -- Nomadix, Inc. (www.Nomadix.com), the leading supplier of intelligent network devices and interconnect services for guest access, Digital Cities, and carrier HotSpots, today announced that it ranked number 373 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004. Nomadix grew 370% percent during this period.
The Project Group Inc.
The Project Group Announces Dismissal of Sarbanes-Oxley Complaint of Former Controller
HOUSTON, Oct. 19, 2005 (PRIMEZONE) -- The Project Group, Inc. (Pink Sheets:PJTGQ), a leader in project management solutions, announced today that the U.S. Department of Labor has dismissed a complaint that was filed against The Project Group by its former Controller, Charlsie Idol, under the employee protection provisions of the Sarbanes-Oxley Act, finding no violation of the Sarbanes-Oxley Act by The Project Group. Craig Crawford, President of The Project Group, stated, "The Company has believed from the beginning that these complaints had no validity." The Department of Labor stated in part in its findings that the complaint was investigated and determined to have no merit; "there is no reasonable cause to believe that (The Project Group) violated (the Sarbanes-Oxley Act)," and The Project Group's reasons for discharging Ms. Idol were "made for non-discriminatory business reasons." Either party has thirty days to file objections to the Department of Labor's findings and request a hearing for de novo review with an Administrative Law Judge. If no objections are timely filed, the Department of Labor's findings become final.