latest news releases from the newsroom
Level 8 Systems, Inc.
Level 8 Systems, Inc. Announces General Availability of CicerO II
PRINCETON, N.J., May 25, 2004 -- Level 8 Systems, Inc. (OTCBB:LVEL), today announced the general availability of CicerO II, a next-generation enterprise information integration (EII) solution. CicerO II facilitates integration of diverse applications and business processes, which targets a broad range of industries: financial services, government, communications, healthcare and others.
Harwood Feffer LLP
Class Action Lawsuit Commenced Against Genta Incorporated by Wechsler Harwood LLP -- GNTA
NEW YORK, May 25, 2004 (PRIMEZONE) -- A securities class action lawsuit was commenced in the United States District Court for the District of New Jersey on behalf of a class (the "Class") consisting of all persons who purchased or otherwise acquired securities of Genta, Inc. ("Genta" or the "Company") (Nasdaq:GNTA) between September 10, 2003 and May 3, 2004, inclusive (the "Class Period"). A copy of the complaint is available from the Court or can be viewed on the Wechsler Harwood web site at: www.whesq.com.
Blue Frog Solutions Receives Four 2004 ACORD Awards
LAS VEGAS, May 25, 2004 (PRIMEZONE) -- Blue Frog Solutions, the leading provider of standards-based middleware solutions for the life insurance industry, today received four awards from the Association for Cooperative Operations Research and Development (ACORD) at a luncheon held at the ACORD LOMA Insurance Systems Forum taking place here May 23 - 25.
Coastal Holdings, Inc.
Market Advisors Initiates Coverage on Coastal Holdings, Inc.
HOUSTON, May 25, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) is pleased to announce that Market Advisors has initiated coverage of their newly publicly traded company. Mr. Jeff Helleberg confirms a positive outlook on CSJJ based on his analysis of the Company investing in leading edge technologies within the biotechnology sector.
China Xin Network Media Corp.
CXN/Bio-Tracking Reduces Debt By 97.1%
MONTREAL, Quebec, May 25, 2004 (PRIMEZONE) -- CHINA XIN NETWORK MEDIA CORP. (OTCBB:CXIN:) The company balance sheet has been strengthened as a result of a significant reduction in liabilities. On December 31, 2003 liabilities were $1,345,149. Today the company stands virtually debt-free, at $38,463, an impressive reduction of 97.1%. This directly confirms the company's ability to persist with the execution of its business model by enhancing the capacity to raise additional capital with terms and conditions in our favor.