latest news releases from the newsroom
AutoZone Partners with Discovery Channel to Find America's Next NASCAR Superstar
MEMPHIS, Tenn., Aug. 10, 2005 (PRIMEZONE) -- AutoZone, Inc. (NYSE:AZO) today announced it will co-sponsor an upcoming series on the Discovery Channel entitled DRIVER X: RACE FOR THE RIDE. The series will take viewers behind the scenes with Roush Racing to search for its next team member and future NASCAR Craftsman Truck Series champ. With more than 75 million fans, NASCAR ranks as the fastest growing sport in the United States. DRIVER X: RACE FOR THE RIDE presents an unprecedented look at this competitive world of racing and provides AutoZone with a unique platform to reach this massive audience of loyal NASCAR fans. Other co-sponsors are Subway and Yellow Book. As a sponsor, AutoZone is strategically integrated into the series, receiving logos on the trucks, drivers' uniforms and transporters featured in the program. The sponsors also receive special advertising, including commercial spots and promotional billboards throughout each episode of the series.
Vitasti Inks Agreement with True Foods Marketing and Launches New Gluten-Free Hot Cereal
NEW YORK, Aug. 10, 2005 (PRIMEZONE) -- Vitasti, Inc. (OTCBB:VITS) (the "Company") is pleased to announce that is has successfully come to an agreement with True Foods Marketing ("TFM") for the distribution of two of the Company's products, the Acai Berry Granola and Gluten Free Hot Cereal. Currently, TFM represents over 20 lines of products in the health and wellness market while serving as a distributor for, among other leading retailers, Whole Foods, Nature's Best, and MPW.
Transmeridian Exploration, Inc.
Transmeridian Exploration Announces Increased Production
HOUSTON, Aug. 10, 2005 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) announced today that crude oil production from its South Alibek field ("the Field") in Kazakhstan for the second quarter of 2005 reached an all time high of 118,000 barrels ("Bbls"), or an average of 1,300 Bbls per day. Production for the second quarter increased more than 60% over the first quarter of 2005 and more than 54% when compared to the second quarter of 2004. The increase was primarily as a result of production from the recently completed well, SA-14, together with production from four previously drilled wells. Only two wells, the SA-1 and SA-2, produced throughout the quarter. As the workover program discussed below is completed, the Company expects significant improvement in production from all of the wells.
Intelligent Security Networks, Inc.
Suncoast Naturals, Inc. to Acquire RADA Technologies, Inc. Through Share Exchange; Approves Change of Name to Intelligent Security Networks, Inc.
BOCA RATON, Fla., Aug. 10, 2005 (PRIMEZONE) -- Suncoast Naturals, Inc. (Pink Sheets:SNTL) announced today that it entered into a definitive Share Exchange Agreement with RADA Technologies, Inc. of Doylestown, Pa. ("RADA") whereby Suncoast Naturals, Inc. will acquire 100% of the capital stock of RADA through the issuance of 18,870,000 Shares of its Common Stock and 10,000 Shares of Class B Preferred Stock, which will have preferential voting rights, to RADA shareholders. RADA has previously acquired the assets of RADA Systems, Inc. (www.RADA-Systems.com), including its physical assets, intellectual property, contracts, and accounts receivable. The Company anticipates that the transaction will be completed within thirty days.
Luminetx Signs $16 Million Distribution Agreement with Diomed Holdings
MEMPHIS, Tenn., Aug. 10, 2005 (PRIMEZONE) -- Luminetx Corporation, a leading developer and marketer of bioscience technologies, including its patented infrared vein imaging system, VeinViewer(tm), announced today a 3-year distribution agreement with Diomed Holdings, Inc. (AMEX:DIO), an industry leader in the area of minimally invasive medical technologies, including its patented EVLT(r) for varicose veins.
Murray, Frank & Sailer LLP
Investor Deadline: August 15, 2005 is the Last Day to Move for Lead Plaintiff Appointment in the Shareholder Class Action Against PEMSTAR Inc. -- PMTR
NEW YORK, Aug. 10, 2005 (PRIMEZONE) -- Murray, Frank & Sailer LLP would like to inform all shareholders who purchased or otherwise acquired the securities of PEMSTAR Inc. ("PEMSTAR" or the "Company") (Nasdaq:PMTR) between January 29, 2003 and January 24, 2005, inclusive (the "Class Period"), that August 15, 2005 is the last day to move for lead plaintiff appointment.
Film & Music Entertainment
Film and Music Entertainment Announces Moonpie! Their Third Film This Year!
HOLLYWOOD, Aug. 10, 2005 (PRIMEZONE) -- Film and Music Entertainment, Inc. (Pink Sheets:FLME) announced today it has commenced production of its third film this year, "Moonpie," a romantic comedy starring MAD TV's Michael McDonald and Stephanie Weir as an elementary school principal and third grade teacher who, despite their troubles, find romance in the unlikeliest of places. Written and directed by Drake Doremus.