latest news releases from the newsroom
Microsemi to Acquire MDT Corporation
IRVINE, Calif. and WESTFORD, Mass., Nov. 28, 2007 (PRIME NEWSWIRE) -- Microsemi Corporation, a world leader in the design and manufacture of high performance analog mixed signal integrated circuits and high-reliability semiconductor solutions (Nasdaq:MSCC), and Microwave Device Technology Corporation (MDT) of Westford, MA, today announced the signing of an agreement in principle for Microsemi to acquire substantially all of the assets of MDT for $7.8 million in cash.
Manhattan Associates' Warehouse Management Solution Achieves 'Powered by SAP NetWeaver' Status
ATLANTA, Nov. 28, 2007 (PRIME NEWSWIRE) -- Global supply chain solutions provider Manhattan Associates, Inc. (Nasdaq:MANH) today announced that its Warehouse Management 2007 solution has achieved "Powered by SAP NetWeaver(r)" status. This certification highlights Manhattan Associates' commitment to providing a full suite of integrated supply chain solutions, allowing customers using SAP(r) solutions to integrate distribution business processes seamlessly, and with less risk, within their corporate landscape.
Index Oil and Gas Inc.
Index Oil and Gas, Inc. Announces Ducroz Well Success
HOUSTON, Nov. 28, 2007 (PRIME NEWSWIRE) -- Index Oil and Gas, Inc. (OTCBB:IXOG) ("Index" or "the Company") today announced that initial test results for the Ducroz 1 well ("Ducroz") in the Cowtrap prospect located in Brazoria County, Texas, achieved test flow rates of approximately 4 million cubic feet of gas per day flowing from dual completions in two Miocene sands using a 10/64ths inch choke.
VuBotics Announces Expansion of Board of Directors and Management Team
ATLANTA, Nov. 28, 2007 (PRIME NEWSWIRE) -- VuBotics, Inc. (OTCBB:VBTC), developer of VuIT(tm), the global leader in small screen reading technology, today announced the expansion of its board of directors and management team. The company appointed Mr. Richard Barfield to its board of directors, increasing the number of board members from four to five. The company also made management appointments, which include Marc Owensby, who currently serves on the company's board of directors, to the position of Interim Chief Executive Officer, and Tom Ridenour, who has served as a financial consultant for VuBotics since January 2005, to the positions of Interim Chief Financial Officer and Secretary. These positions were previously held by Philip Lundquist, who will remain as Chairman of VuBotics.