latest news releases from the newsroom
U.S. MedSys. Corporation
U.S. MedSys Corp. Subsidiary Global Medical Direct Becomes Member of the CHN Solutions Network of Heath Care Providers
HASBROUCK HEIGHTS, N.J., April 18, 2006 (PRIMEZONE) -- U.S. MedSys Corp. (OTCBB:UMSY) (The "Company") is pleased to announce that its subsidiary, Global Medical Direct (GMD), has executed an Ancillary Facility Service Agreement, effective March 15, 2006, to supply mail order diabetic supplies to the membership of CHN Solutions PPO, which has been ranked NJ's No. 1 PPO for the past 8 years by NJ Biz, and the 11th largest nationwide by Employee Benefit News.
Sempra Generation/Sempra Energy
Sempra Generation Finalizes Sale of Twin Oaks Power
SAN DIEGO, April 18, 2006 (PRIMEZONE) -- Sempra Generation, a subsidiary of Sempra Energy (NYSE:SRE), has finalized the previously announced sale of its 305-megawatt, coal-fired Twin Oaks Power plant in Robertson County, Texas, to PNM Resources Inc. (NYSE:PNM), an energy holding company based in Albuquerque, N.M., for $480 million in cash.
Credit Acceptance Corporation
Credit Acceptance Announces Completion of $100 Million Asset Backed Financing
SOUTHFIELD, Mich., April 18, 2006 (PRIMEZONE) -- Credit Acceptance Corporation (Pink Sheets:CACC) (the "Company") announced today the completion of a $100.0 million asset-backed non-recourse secured financing, its twelfth asset-backed financing. Pursuant to this transaction, the Company contributed dealer loans having a net book value of approximately $133.5 million to a wholly owned special purpose entity which transferred the dealer loans to a Trust, which issued $100.0 million in notes to qualified institutional investors. The proceeds will be used by the Company to repay outstanding indebtedness. The notes bear interest at a fixed rate of 5.36%. The expected annualized cost of the financing, including underwriter's fees, insurance premiums and other costs, is approximately 7.6%. It is anticipated that the notes will be repaid in approximately 17 months.
New Spiritual Outreach, Listen Ministries, Injects ''Evangelistic Prayer'' Into Churches Across California
LAGUNA NIGUEL, Calif., April 18, 2006 (PRIMEZONE) -- Today, a new non-denominational ministry announces its spiritual outreach to churches across California. Listen Ministries serves as an outlet for both the churched and the un-churched alike who are looking for someone to pray for them. Many congregations have prayer teams that are only praying for their own members, and a small number of them at that. A number of people outside the church may need prayer, but have no idea where to start. Listen Ministries exists to help connect those in need of prayer with the people who are able to intercede on their behalf.
Noah's Wish to Recruit and Train Volunteers for National Animal Disaster Response Team in Denver, CO April 21 - 23
NEW YORK, April 18, 2006 (PRIMEZONE) -- Noah's Wish will be in Denver to recruit and train volunteers for its National Animal Disaster Response Team from April 21 through April 23, 2006. The non-profit organization that works exclusively to rescue and shelter animals in disasters will conduct a three day training program, which is a requirement for volunteers who want to participate in animal rescue and shelter during disasters. Noah's Wish relies on this trained volunteer corps to respond when disaster strikes.