latest news releases from the newsroom
NetManage Announces Partnership With Denologix
CUPERTINO, Calif., March 27, 2007 (PRIME NEWSWIRE) -- NetManage, Inc. (Nasdaq:NETM), a software company that provides solutions for integrating, Web enabling and accessing enterprise information systems, today announced that it has signed a referral agreement with Denologix, Inc., a technology and business process consulting firm focusing on SOA deployments and integration projects. Denologix will utilize NetManage solutions to provide customers with the ability to easily integrate and access critical data on the mainframe using an SOA approach, eliminating the need for costly and complex custom integration.
Eternal Energy Corp.
Eternal Energy Corp. Commences North Sea Drilling Operations
LITTLETON, Colo., March 27, 2007 (PRIME NEWSWIRE) -- Eternal Energy Corp. (OTCBB:EERG) announces that drilling operations have commenced on the Company's Laurel Valley prospect located in the outer Moray Firth area in the U.K. sector of the North Sea. The operator, Oilexco (45%), is drilling the well using the Sedco 712 propulsion-assisted, semi-submersible drilling vessel currently under contract.
Emergent Group Inc.
Emergent Group Inc. Reports Profit of $0.50 per Share for Fiscal Year 2006 On Record Sales
SUN VALLEY, Calif., March 27, 2007 (PRIME NEWSWIRE) -- Emergent Group Inc. (OTCBB:EMGP), a leading provider of mobile medical lasers and surgical equipment, today reported record results for the fiscal year ended December 31, 2006. Net income for the year totaled $2,723,967 or $0.50 per common share compared with $966,252 or $0.20 per common share for 2005. Full year revenues were $15,929,243 up 28% from the $12,479,263 reported for 2005.
Cambridge Display Technology
Ian Chao Promoted to Vice President of Commercial
CAMBRIDGE, United Kingdom, March 27, 2007 (PRIME NEWSWIRE) -- Cambridge Display Technology (CDT) (Nasdaq:OLED) today announced that Ian Chao, 44, has been promoted to Vice President -- Commercial, succeeding SB Cha, who is resigning to pursue another venture. In this new position, Chao will oversee all of CDT's commercial activity, including business development and marketing. In addition, Chao will continue to oversee the company's Asia business development activities.
QLogic SANblade 2400 Series 4Gb HBAs Enable Higher Server Consolidation in VMware Environments
ALISO VIEJO, Calif., March 27, 2007 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches today announced that its SANblade(r) 2400 Series 4Gb Fibre Channel HBAs deliver excellent performance in VMware(r) environments. Running real-world applications like Oracle and MS-Exchange on VMware ESX Server, QLogic SANblade 4Gb Fibre Channel HBAs delivered up to 38 percent more I/Os per second (IOPs) and throughput than the closest competitor as documented in recent comparative testing. While the competitor's HBA performance reached a plateau in tests with just two virtual machines, QLogic SANblade 4Gb Fibre Channel HBAs continued to scale with four virtual machines and beyond.
Airvana to Provide 'Flat-Architecture' Radio Access Network Platform
ORLANDO, Fla., March 27, 2007 (PRIME NEWSWIRE) -- Airvana, Inc. (www.airvana.com), an innovator and leader in mobile broadband infrastructure based on 3G wireless IP packet data technology, today announced a new 1xEV-DO Radio Access Network (RAN) based on a collapsed or "flat" architecture. This new "flat RAN" will make mobile broadband networks more reliable, more flexible, easier to engineer and deploy, and less costly to operate by reducing the number of network elements required to build 1xEV-DO networks.