latest news releases from the newsroom
Superior Development Group, Inc.
Superior Development Group, Inc. Announces Signing of Letter of Intent
CLARKSDALE, Miss., Sept. 1, 2005 (PRIMEZONE) -- Superior Development Group, Inc. (Pink Sheets:SDVG), a leading provider of affordable housing, announced today that it has signed a $3,900,000 Letter of Intent with PNC MultiFamily Capital, a division of PNC Real Estate Finance, to be used as an equity investment in the Blues Alley Estates L.P., a 92-unit, affordable, single-family home subdivision.
Glancy Binkow & Goldberg LLP
Glancy Binkow & Goldberg LLP, Representing Investors Who Purchased Symbol Technologies, Inc., Announces Class Action Lawsuit and Seeks to Recover Losses -- SBL
LOS ANGELES, Sept. 1, 2005 (PRIMEZONE) -- Notice is hereby given by Glancy Binkow & Goldberg LLP that a Class Action lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of a class (the "Class") consisting of all persons or entities who purchased or otherwise acquired securities of Symbol Technologies, Inc. ("Symbol Technologies" or the "Company") (NYSE:SBL), between May 10, 2004 to August 1, 2005, inclusive (the "Class Period").
Modern Technology Corporation
Modern Technology Corp. Receives $1.5 Million Financing
OXFORD, Miss., Sept. 1, 2005 (PRIMEZONE) -- Modern Technology Corp (OTCBB:MOTG), a diversified technology development and acquisition company, announced today it has entered into an agreement with four institutional investors, who shall provide MOTG with $1.5 million in financing through the sale of $1,500,000 in 9% Senior Secured Convertible Redeemable Notes and Warrants.