latest news releases from the newsroom
Orion Marine Group, Inc.
Orion Marine Group Announces a Contract Award of $30.5 Million
HOUSTON, Aug. 26, 2008 (GLOBE NEWSWIRE) -- Orion Marine Group, Inc. (the "Company") (Nasdaq:OMGI), a leading marine contractor serving the heavy civil marine infrastructure sector, today announced a contract award of $30.5 million.
Mr. Quan Joins MHB as Its New CEO
MONTREAL, Aug. 26, 2008 (GLOBE NEWSWIRE) -- MHB, a Montreal based Biotechnology Company, announced changes in senior management today. Mr. Jacky Quan, a businessman with extensive experience in the health care industry has assumed the position of CEO effective immediately. Mr. Quan joins MHB with experience across several industries where he played roles including founder, director and board member. Mr. Quan said, "I am delighted to join MHB and hope to lead this scientifically-driven company to new heights. MHB's contracts over the past 2 1/2 years have shown its innovation and competitiveness. We hope to develop new clients beyond North America and Europe where our base has been strong. Our goal continues to be focused on advancing the discovery, development and production of promising plant-based products for the pharmaceutical, cosmetic and nutraceutical industries. I understand that a strong advisory board is necessary in moving the company forward and that this will be in place quickly. We are grateful to all the investors who supported MHB in the past and look forward to increasing the investor base."
Ambassadors Group, Inc
Ambassadors Group Declares Quarterly Dividend
SPOKANE, Wash., Aug. 26, 2008 (GLOBE NEWSWIRE) -- Ambassadors Group, Inc. (Nasdaq:EPAX) ("Company"), a leading provider of educational travel experiences, announced today that its board of directors declared a quarterly dividend of $0.115 per share, which will be paid on September 23, 2008 to all common shareholders of record on September 9, 2008. The Company's board of directors continually reviews the Company's dividend policy to ensure compliance with capital requirements, regulatory limitations, the Company's financial position and other conditions, which may affect the Company's desire or ability to pay dividends in the future.
Ingen Technologies, Inc.
Ingen Technologies, Inc. Announces Change of Trading Symbol and Reverse Split
YUCAIPA, Calif., Aug. 26, 2008 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (the "Company") (Pink Sheets:IGTG) announced today that its previously disclosed one for six hundred reverse stock split of its common stock will become effective as of the open of business on August 27, 2008. In connection with the reverse stock split, the Company's new stock symbol for its post-reverse common stock is ITEC and the new CUSIP number is 45684G 300.
ROK Entertainment Group Inc.
Telcel to Launch New ROK-Powered Mobile TV Service in Mexico
LONDON and MEXICO CITY, Aug. 26, 2008 (GLOBE NEWSWIRE) -- ROK Entertainment Group (OTCBB:ROKE), the global mobile entertainment group, and Telcel, the leading mobile operator in Mexico, have today announced the launch of Ideas TV, a streamed, live and on-demand mobile TV subscription service in Mexico.
ImaRx Therapeutics, Inc.
ImaRx Therapeutics Receives Notification From NASDAQ Regarding Non-Compliance With NASDAQ's Stockholders' Equity, Market Value, or Net Income Requirements
TUCSON, Ariz., Aug. 26, 2008 (GLOBE NEWSWIRE) -- ImaRx Therapeutics, Inc. (Nasdaq:IMRX) today announced that it received a NASDAQ Staff Deficiency Letter on August 20, 2008 indicating, based on the Form 10-Q for the period ended June 30, 2008, the Nasdaq Staff determined that the Company's stockholders' equity was $569,000. In addition, as of August 19, 2008, the Nasdaq Staff determined that the market value of listed securities was $1,423,203. Finally, the Company reported net loss from continuing operations of ($8,764,000), ($699,000), and ($27,926,000), in its annual filings for the years ended December 31, 2007, 2006 and 2005, respectively. Accordingly, the Company does not comply with Marketplace Rule 4310(c)(3), which requires the Company to have a minimum of $2,500,000 in stockholders' equity or $35,000,000 market value of listed securities or $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years.
Amen Properties Inc.
Amen Properties Purchases Oil and Gas Interests in the Permian Basin
MIDLAND, Texas, Aug. 26, 2008 (GLOBE NEWSWIRE) -- Amen Properties (Nasdaq:AMEN) (today announced that its wholly owned subsidiary, Amen Minerals, LLC ("Amen Minerals") has acquired a 5% working interest and 4% net revenue interest in certain oil and gas properties (the "Properties") from Aghorn Energy, Inc. ("Aghorn") for a purchase price of $1,750,000, effective June 1, 2008. The Properties were acquired by Aghorn from Exxon Mobil Corporation on June 1, 2008 and consist of Exxon Mobil's leasehold interests in approximately 30,000 acres in the Permian Basin of Texas known as the Yarbrough and Allen Field.
Parametric Technology Corporation
PTC to Speak At the Kaufman Bros. Investor Conference
NEEDHAM, Mass., Aug. 26, 2008 (GLOBE NEWSWIRE) -- PTC (Nasdaq:PMTC) today announced that management will speak at the Kaufman Bros. Investor Conference on Wednesday, September 3, 2008, at 9:30 am (ET).