latest news releases from the newsroom
Energy Vision International
DeMarco Energy Systems of America, Inc. Initiates Acquisition Strategy
OXFORD, Miss., March 7, 2005 (PRIMEZONE) -- DeMarco Energy Systems of America (Pink Sheets:DMES) announced today it has initiated its plans to acquire energy-related companies. The company's growth by acquisition strategy seeks to consolidate synergistic and revenue enhancing companies into DeMarco and to continuously introduce new energy-related technologies and energy-related products into the marketplace.
ViroPharma Announces Presentation Of Phase 1 Clinical Data For Maribavir
EXTON, Pa., March 7, 2005 (PRIMEZONE) -- ViroPharma Incorporated (Nasdaq:VPHM) today announced the presentation of clinical data from the Phase 1 program for maribavir, ViroPharma's anti-cytomegalovirus (CMV) compound, currently in Phase 2 clinical testing. The data were presented at the 2005 American Society for Clinical Pharmacology and Therapeutics (ASCPT) Annual meeting in Orlando, Florida.
New Medium Enterprises, Inc.
New Medium Enterprises, Inc. to Present Its Flagship VMD High Definition Technology at the Annual CEBIT Fair in Hanover, Germany, March 10-March 16, 2005
BROOKLYN, N.Y., March 7, 2005 (PRIMEZONE) -- New Medium Enterprises, Inc., a U.S. public company, trading on Nasdaq OTC BB under the symbol NMEN (OTCBB:NMEN), announced today that it is presenting its VMD High Definition technology at the annual CEBIT fair in Hanover, Germany, on March 10 2005-March 16, 2005 in Hall 20, Stand B 15.
International Fuel Technology Inc.
International Fuel Technology Receives $1,000,000 Order from First Asia Fuel Corporation
ST. LOUIS, March 7, 2005 (PRIMEZONE) -- International Fuel Technology Inc. (OTCBB:IFUE), a fuel science and research company, today announced that it has received a $1,000,000 order from First Asia Fuel Corporation to purchase DiesolIFTTM, IFT's proprietary fuel additive formulation for diesel fuel. The entire order will be shipped to Indonesia and distributed by PT Prima Energy, First Asia's distribution partner in Indonesia.
Scott + Scott, LLC Prepared to File Securities Class Action Against Delphi Corporation on Behalf of Shareholder Clients
COLCHESTER, Conn., March 7, 2005 (PRIMEZONE) -- Scott + Scott, LLC, which has had an ongoing investigation into Delphi Corporation (NYSE:DPH) for months on behalf of client shareholders will file a securities class action lawsuit. Delphi's internal audit committee released preliminary findings of an ongoing investigation. The internal committee's investigation found that Delphi had been overstating pre-tax income and cash from operations from at least 2001. Financial statements from at least 2001 will have to be restated. In that year, the Company overstated pre-tax income by $61 million dollars and cash from operations by $200 million. For additional information, you can contact the firm at 800/332-2259.
InterAge to Partner on Development of New B2B Search Engine
CESAREA, Israel, March 7, 2005 (PRIMEZONE) -- InterAge Ltd. (Pink Sheets:ITGJ), a leading provider of integrated web marketing solutions, announced today that it is participating in a fourth and final bid for the joint development of a revolutionary business to business (B2B) search engine with an Italian company.