latest news releases from the newsroom
Strategic Distribution, Inc.
SDI Announces Extension Of Stock Repurchase Program
BENSALEM, Pa., June 4, 2004 (PRIMEZONE) -- SDI (Strategic Distribution, Inc.) (Nasdaq:STRD), a leading provider of MRO supply chain management services, today announced that the Company's Board of Directors has authorized the extension of its 2003 stock repurchase program by approving the repurchase of up to 1,000,000 shares of Strategic Distribution Common Stock. The 2003 stock repurchase program was due to expire June 19, 2004. The new program will begin immediately and is expected to continue for a period of one year unless further extended by the Company's Board.
Integrated Data Corp.
IDC Signs Agreement And Plan Of Merger With DataWave Systems Inc.
CONSHOHOCKEN, Pa., June 4, 2004 (PRIMEZONE) -- Integrated Data Corp. ("IDC") announced today that it has signed an Agreement and Plan of Merger with DataWave Systems Inc. (OTCBB:DWVSF) ("DataWave") whereby DataWave will merge with a wholly owned subsidiary of IDC. Shareholders of DataWave will be issued shares of IDC in exchange for all the issued and outstanding shares of DataWave. IDC currently holds 50.07% of DataWave's shares and has been an investor in the Company since 2002. Prior to that, IDC's principal shareholders have been investors in DataWave since 1999. The Agreement and Plan of Merger has been approved by the Boards of Directors of both companies. It is subject to a number of conditions including the approval of DataWave's and IDC's shareholders and regulatory approvals. The transaction is expected to close by December 31, 2004.
Western Media Group
Western Media to Investigate Its Trading on The Berlin Stock Exchange
ISLANDIA, N.Y., June 4, 2004 (PRIMEZONE) -- Western Media Group Corporation (OTCBB:WMGC) (Berlin:WM6) today announced that it has come to the company's attention that on or about March 22, 2004, the Company's common stock began trading on the Berlin Stock Exchange. The Company was unaware of any application for its securities to be listed on the exchange, and the application was submitted and accepted without any knowledge or authorization by the company.
Mellon Research, Inc.
Mellon Research Signs Greece Contract
SCOTTSDALE, Ariz., June 4, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTCBB:MLON), the market leader in providing boutique investment banking services to private midcap companies and offshore firms, announced today that it has finalized the deal with a client in Athens, Greece. The contracts are signed, and the initial payment is being paid for the phase one of funding. The other payment for phase two will be made in 30 days.
360Training Announces Availability of Internet Texas Defensive Driving Ticket Dismissal Course
AUSTIN, Texas, June 4, 2004 (PRIMEZONE) -- 360Training today launched the long-anticipated release of its interactive, state-approved online defensive driving ticket dismissal course for the State of Texas. The course, approved by the Texas Education Agency, is the result of over 4 years of development and regulatory accreditation efforts available through DriverCampus.com (http://www.drivercampus.com) and through a select number of 360Training's network of over 300 educational courseware distribution partners.
Pharmaglobe America Group Inc.
Pharmaglobe America Group, Inc. Awards Contract to American PharmaCare to Market Its Online Prescriptions
TORONTO, June 4, 2004 (PRIMEZONE) -- Pharmaglobe America Group, Inc., (Pink Sheets:PMGA) is pleased to announce that it has awarded a contract to the well established American PharmaCare to market its wholly owned subsidiary Meds4mail.com online prescriptions throughout the US. American Pharmacare is a telecommunications and marketing firm with a successful track record in marketing discounted drugs to American Consumers. American Pharmacare also has bilingual marketers who can converse with Spanish speaking Americans. The increase in market awareness is expected to generate an additional 30,000 prescriptions per month after a four month period, adding to PMGA's already established current monthly prescription base. This new source of demand, coupled with Meds4mail.com's current client base, will push total revenues to approximately $75-100 million in the next fiscal year.