latest news releases from the newsroom
MEDirect Latino, Inc.
MEDirect Latino Inc. Achieves Record October Revenue Results Despite Interruptions Caused By Hurricane Wilma
PLANTATION, Fla., Nov. 9, 2005 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced record results for October, 2005 in gross billings, new patient shipments and call volume. MEDirect Latino reports gross billings of $418,406 during the month, a 37% increase over September billings of $304,621. The Company increased gross product profit margins by 3% to 77% during the period, compared to 74% in September. Total new patient shipments for October numbered 1,561, an increase of 19% over September, and end the month with an additional 2,612 patients approved and pending shipment for regulatory processing. MEDirect Latino expects to monetize its approved and pending patient orders in November, which is typical to the industry model. The Company's closing ratio during September was 82% of the total qualified response rate from its national and regional media campaign.
Old National Bancorp
Old National to Present at the 2005 Merrill Lynch Banking and Financial Services Conference
EVANSVILLE, Ind., Nov. 9, 2005 (PRIMEZONE) -- Old National Bancorp (NYSE:ONB) will be participating in the 2005 Merrill Lynch Banking and Financial Services Conference to be held November 15, 16 and 17, 2005, in New York City. Old National will broadcast its presentation from the conference on November 15 at 9:40 a.m. Eastern. The live audio webcast of the event, along with corresponding slides, will be available on the Shareholder Relations page at www.oldnational.com. Listeners should go to the website at least fifteen minutes before the event to download and install any necessary audio software. For those unable to attend the live broadcast, a replay will be available for 14 days. There is no charge to access this event.
Telestone Technology Corp.
Telestone Technologies Completes Internal Certification Process for 3G Network Products
NEW YORK, Nov. 9, 2005 (PRIMEZONE) -- Telestone Technologies Corporation (AMEX:TST) is pleased to announce that it has successfully completed its internal certification of its 3G wireless network products. The products tested included repeaters, amplifiers and passive radio frequency accessories deployed in WCDMA, CDMA2000 and TD-SCDMA wireless networks. This final phase of certification, completed on November 2nd, could only have been achieved after successfully testing these products in 3G network trials being deployed by wireless carriers in different regions of the People's Republic of China. In addition, Telestone Technologies also received confirmation from major network integrators that the company's product met or exceeded international standards required for deployment in 3G wireless networks.
SmartPros Appoints Joseph W. Higgins As Senior Vice President, Sales
HAWTHORNE, N.Y., Nov. 9, 2005 (PRIMEZONE) -- SmartPros Ltd. (AMEX:PED), a leader in the field of accredited professional education and corporate training, today announced the appointment of Joseph W. Higgins as Senior Vice President, Sales. Reporting directly to SmartPros' Chief Executive Officer, Higgins will be responsible for overseeing all aspects of SmartPros' sales and business development activities.
Dialysis Corporation of America
Dialysis Corporation of America Reports Third Quarter 2005 Results
LINTHICUM, Md., Nov. 9, 2005 (PRIMEZONE) -- Dialysis Corporation of America (Nasdaq:DCAI) announced financial results for the third quarter of 2005. Operating revenues for the third quarter of 2005 were $11,481,000 compared to $10,979,000 for the same period last year. Net income for the quarter was $537,000 or $.06 per share ($.06 diluted per share) compared to $776,000 or $.09 per share ($.09 diluted per share) for the same period last year, beating analyst estimates for the third quarter by $.02. Operating revenues for the first three quarters of 2005 were $33,235,000 compared to $29,194,000 for the same period last year. Net income for the first three quarters of 2005 was $1,306,000 or $.15 per share ($.14 diluted per share) compared to $1,452,000 or $.18 per share ($.17 diluted per share) for the same period last year.
Delta Air Lines, Inc.
Delta Air Lines Opens New Sales Office in Beijing, China
BEIJING, Nov. 9, 2005 (PRIMEZONE) -- Delta Air Lines Inc., one of the leading U.S. airlines, today officially opened its Beijing Sales Office, underscoring its interest to serve the People's Republic of China with the only flights to China from Atlanta, Georgia in time for the 2008 Olympics. The office -- located at China Life Tower, 5th Floor Suite No. C-1, 16 Chao Yang Men Wai Street, Beijing -- will offer travelers help with airline tickets, airline reservations and air travel Monday through Friday 9 a.m. to 12 p.m., and 1 p.m. to 5 p.m. except for holidays.
Tele2 Strengthens Senior Executive Team
STOCKHOLM, Sweden, Nov. 9, 2005 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that it will introduce two new positions, Vice President Operations and Vice President Sales & Marketing, in the Senior Executive Team.