latest news releases from the newsroom
HCC Insurance Holdings, Inc.
HCC Takes Precautionary Measures At Home Office for Hurricane Rita
HOUSTON, Sept. 21, 2005 (PRIMEZONE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that the Company has activated its emergency weather policy to protect its employees and fixed assets due to the incoming storm. The HCC home office in Houston, Texas will be closed on September 22nd and 23rd and the Company anticipates the office will reopen on Monday, September 26.
ReelTime Reaches Agreement with Scream Networks, Secures Ownership of Gridcast
SEATTLE, Sept. 21, 2005 (PRIMEZONE) -- Reeltime Rentals, Inc. (Pink Sheets:RLTR) announces that the Company has signed an agreement with Scream Networks transferring 100% ownership of all co-developed technology with Scream to date, including but not limited to the player, codec, encoding systems, Gridcast, and website to Reeltime Rentals. In consideration, ReelTime will relinquish its ownership stake in Scream Networks. The agreement settles technology ownership and licensing rights issues between the two Companies that caused delays in the roll-out of ReelTime's much anticipated Rental-On-Demand Service. The agreement has been executed, and will be ratified by a Scream Networks Shareholder Vote and Agreement in the coming weeks.
Labwire Sponsors Workshop on International Drug Testing
HOUSTON, Sept. 21, 2005 (PRIMEZONE) -- Labwire Inc. (Pink Sheets:LBWR) announced today that the Company sponsored a workshop on International Drug Testing on September 19th, 2005 in Houston, TX. The workshop was hosted by the Council on Alcohol and Drugs and attracted representatives from several international firms in the Oil & Gas, Construction, and Transportation industries that have vested interests in the extension of drug testing procedures to overseas projects.
TelePlus Enterprises, Inc.
Marius Silvasan, CEO Recaps the Teleplus Growth and Acquisition Strategy to Investors in London, Frankfurt and Munich
MONTREAL, Sept. 21, 2005 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (http://www.teleplus.ca) is pleased to announce that its CEO & Chairman Marius Silvasan met with investors in London, Frankfurt and Munich. Mr. Silvasan recapped the Teleplus growth and acquisition strategy and discussed the significant opportunity that exists for the consolidation of smaller resellers in the North American market. This recap comes after having completed 4 acquisitions and implementing a state-of-the-art technology platform. The state-of-the-art Operating Support System which was acquired in the Telizon acquisition was formerly used to support the resell business of AT&T Canada. "This technology platform which is very scalable provides us with the necessary systems to support an aggressive acquisition strategy having supported in the AT&T time over 120,000 commercial lines," stated Marius Silvasan.
Port of Houston Authority
Port of Houston Authority Ceases Operations
HOUSTON, Sept. 21, 2005 (PRIMEZONE) -- The operations of all public facilities of the Port of Houston Authority (PHA) will cease by 5 p.m. on Wednesday, September 21 in advance of Hurricane Rita. All non-essential PHA personnel will be released from duties until PHA facilities reopen on Monday, September 26 at 6:00 a.m.