latest news releases from the newsroom
Advanced Refractive Technologies
Preclinical Studies Underway on Advanced Refractive Technologies Novel Glaucoma Treatment
SAN CLEMENTE, Calif., Sept. 12, 2006 (PRIMEZONE) -- Preclinical testing has begun on the novel glaucoma treatment recently licensed by Advanced Refractive Technologies (OTCBB:ARFR). This first step in clinical trials will assess the safety and efficacy of the compound before the initiation of human trials. The in vitro portion of this testing will require approximately six months to complete at which time the in vivo testing will begin. After six months of this in vivo testing, the Phase One human trials should be underway.
Airvana and Tatara Systems Ink Combined Fixed-Mobile Convergence Deal
CHELMSFORD and ACTON, Mass., Sept. 12, 2006 (PRIMEZONE) -- Airvana, Inc. (www.airvana.com), an innovator and leader in mobile broadband infrastructure based on 3G mobile broadband technology, and Tatara Systems (www.tatarasystems.com), a leader in delivering carrier-class converged mobile solutions, today announced an agreement to co-develop and market solutions for operators looking to extend their services across Wi-Fi, WiMAX, Bluetooth, and other IP-based access technologies. Under the terms of the agreement, the Airvana Universal Access Gateway (UAG), the Tatara Service Manager, and the Tatara Subscriber Gateway will work together to manage the seamless, secure, and reliable delivery of carrier-branded services-including voice, video and data.
Infortrend Adds Multipathing Technology to Achieve High Availability Raid Storage Solutions
SANTA CLARA, Calif., Sept. 12, 2006 (PRIMEZONE) -- RAID storage expert Infortrend(r) today announced that it is adding multipathing technology to its family of EonStor(r) RAID storage subsystems. Called EonPath(tm), this multipathing software provides a dynamic fault-tolerant technique that helps avoid downtime or data loss that can result from a connection failure in a single-path configuration. EonPath makes it possible to have more than one connection between the host and storage devices so that in case of failure the host can access the storage device via another path, thereby maintaining continuous operation and data availability.
Foundry Networks, Inc.
Meskwaki Casino Wins Big With Foundry Networks' High-Performance Upgrade
SANTA CLARA, Calif., Sept. 12, 2006 (PRIMEZONE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that Meskwaki Casino, the largest full service casino in the Midwest, has selected its best-of-breed compact Power over Ethernet (PoE) edge switches and network management system as the critical ingredients for their ongoing network upgrade.
OTC Stock Review Issues a Report On U.S. Geothermal Inc.
ATLANTA, Sept. 12, 2006 (PRIMEZONE) -- OTC Stock Review announces that it has initiated coverage of U.S. Geothermal, Inc. (OTCBB:UGTH) (TSX-V:GTH). U.S. Geothermal is a renewable energy development company that is developing a geothermal power project at Raft River, Idaho that will contribute to the power needs of the Pacific Northwest. U.S. Geothermal owns and leases geothermal rights of private lands that comprise the Raft River project in Southeastern Idaho. According to a report prepared by the company's independent consultant, GeothermEx Inc., of Richmond, California, the Raft River site has a 50% probability of a power production capacity of 15.6 MW per square mile which could translate to 100 MW or more. Currently, U.S. Geothermal has signed power sales contract for one 10 MW power plant with the Idaho Power Company, is in negotiations for an additional 26 MW with new customers, and has secured transmission for up to 36 MW with the Bonneville Power Administration.
Execute Sports, Inc.
Academy Snowboard Company Enters Into Strategic Sales and Marketing Agreement With UDT Distribution Corporation
SAN DIEGO, Sept. 12, 2006 (PRIMEZONE) -- Execute Sports, Inc. (OTCBB:EXCS) announced today that it has entered into a strategic partnership with UDT Distribution Corporation ("UDT") wherein UDT will retain exclusivity for its sales and marketing efforts of the Academy Snowboard Company brand throughout Europe. Under the terms of the agreement, UDT is required to meet minimum sales targets on an annual basis for calendar years 2007 through 2011 to retain exclusivity in Europe. If the targets are met, UDT will have sold more than 80,000 snowboards into Europe through the 2011 year end.