latest news releases from the newsroom
Dialysis Corporation of America
Dialysis Corporation of America Reports Record Sales and Earnings for 2004
LINTHICUM, Md., March 30, 2005 (PRIMEZONE) -- Dialysis Corporation of America (Nasdaq:DCAI) announced financial results for the year December 31, 2004. Revenues for the year were $40,986,000 compared to $29,997,000 for 2003, an increase of 37%. Net income for 2004 was $2,214,000 compared to $1,150,000 for 2003, an increase of 93%.
Atlantis Business Development Corporation, Inc.
Atlantis Business Development Corporation Subsidiary 727 Communications Received More Revenue From the $2,400,000 Contract
MIAMI, March 30, 2005 (PRIMEZONE) -- Atlantis Business Development Corporation, Inc. (OTCBB:ATBD) today announced that wholly-owned subsidiary 727 Communications received more revenue from the $2,400,000 contract with E-Direct Inc. So far 727 received thirty-six thousand dollars ($36,000.00) from E-Direct Inc. and expects to receive an average of $100,000.00 each month for the term of 24 months. This is one of many contracts in the future for 727 Communications, with VOIP being such a fast a growing industry. 727 Communications does expect to reach the projected gross revenue of three-million, two-hundred twenty thousand, eight-hundred dollars ($3,220,800) in the first year.
Harwood Feffer LLP
Wechsler Harwood LLP Files Securities Class Action Suit Against SINA Corporation -- SINA
NEW YORK, March 30, 2005 (PRIMEZONE) -- Wechsler Harwood LLP today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of SINA Corporation ("SINA" or the "Company") (Nasdaq:SINA) between October 26, 2004 and February 7, 2005 inclusive (the "Class Period"). The complaint, Civ. A. No. 05cv2391, was filed in the United States District Court for the Southern District of New York. A copy of the complaint can be obtained from the Court or can be viewed on Wechsler Harwood's web site at: www.whesq.com.
Moody's Today Affirmed Long- and Short-Term Credit Ratings of TeliaSonera AB and Long-Term Credit Rating of TeliaSonera Finland Oyj, Outlook Changed to Stable from Positive
LONDON, March 30, 2005 (PRIMEZONE) -- Moody's Investors Service affirmed the A2/Prime-1 senior unsecured debt ratings of TeliaSonera AB (TeliaSonera, or the Group). Also affirmed was the Baa1 senior unsecured debt rating of its subsidiary TeliaSonera Finland Oyj (TeliaSonera FO). The outlook on all ratings was changed from positive to stable. These rating actions followed the announcement that TeliaSonera AB has agreed to pay SEK 21.8 billion ($3.1 billion) for the shares of Turkcell Holding which it does not already own. By taking control of Turkcell Holding, TeliaSonera AB will increase by 27% to 64.3% its effective ownership of Turkcell Iletisim Hizmetleri A.S. (Turkcell), currently rated B2 by Moody's, under review for possible upgrade.
Industrivarden: Disclosure Notice
STOCKHOLM, Sweden, March 30, 2005 (PRIMEZONE) -- Industrivarden has acquired an additional 4,000,000 shares in Ossur hf which means that Industrivarden today has bought a total of 6.000.000 shares.
Seeger Weiss LLP
Seeger Weiss LLP Announces Shareholder Class Action Lawsuit Against Viisage Technology, Inc. -- VISG
NEW YORK, March 30, 2005 (PRIMEZONE) -- The law firm Seeger Weiss LLP announces that it filed a class action lawsuit yesterday in the United States District Court for the District of Massachusetts on behalf of all purchasers of the common stock of Viisage Technology, Inc. (Nasdaq:VISG) ("Viisage" or the "Company"), between July 22, 2004 and March 2, 2005, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") against defendants Viisage, Bernard Bailey, William Aulet, and Denis K. Berube.
AuGRID Relocates Under New Restructuring
HOUSTON, March 30, 2005 (PRIMEZONE) -- AuGRID Corporation (Pink Sheets:AGRI) announces as a direct result of an organized restructuring it is relocating its headquarters back to its Cleveland office at 2275 East 55th Street, Cleveland, Ohio, 44104. In a cost cutting measure, AuGRID has temporarily ceased distribution as well as research and development at Alysium Corp. in Austin and has eliminated its Austin and Houston staff. The company will maintain a smaller presence in the state.
National Foundation for Teaching Entrepreneurship
Teen Fashion Moguls Gather In NYC April 26 For Business Expo and Awards
NEW YORK, March 30, 2005 (PRIMEZONE) -- Brothers Jabious and Anthony Williams, teen owners of Maryland-based Saja originals, gave the profits from their clothing design company to their mother for a down-payment on a new home. Luis Villa, 16, and Leo Gonzalez, 17, are hoping that their East Palo Alto, California, clothing business Latin Style, will keep other teens focused on expressing their individuality through clothing rather than through gang participation. Natasha Spedalle, 15, owner of BliNg-BliNg Fashion Discount Jewelry in Queens, NY, donates part of her inventory to different women's charities.