latest news releases from the newsroom
Market Pulse Announces Its AM Stock Picks for Thursday, Feb. 21, 2008: AAPL, PRCC, VLNC, INTC
ATLANTA, Feb. 21, 2008 (PRIME NEWSWIRE) -- Market Pulse is pleased to announce the following stock picks. Bernard Schmitt of Market Pulse states, "These particular stocks should be closely watched due to existing fundamental and technical factors affecting each company." Bernard possesses many years of experience in the financial industry evaluating and picking stocks. He rates them as follows:
Propalms, Inc. to Launch New Version of TSE in Conjunction With Microsoft's New Product Launch At the 2008 Microsoft Launch Wave Event
NORTH YORKSHIRE, United Kingdom, Feb. 21, 2008 (PRIME NEWSWIRE) -- Propalms, Inc. (Pink Sheets:PRPM) is pleased to announce that the Company will be launching its new version of TSE, 6.0, in conjunction with Microsoft's launch of its new Windows Server 2008, Visual Studio 2008 and SQL Server 2008, at the 2008 Microsoft Launch Wave Event. The event will be held at Nokia Theater in Los Angeles on February 28, 2008. Propalms is currently a certified partner with Microsoft and is expected to become a Microsoft Gold ISV partner in March, which will enable the Company to begin marketing its products to Microsoft's partners worldwide.
EnerBrite Technologies Group, Inc.
EnerBrite Technologies Group, Inc. Signs Christopher Hudson to Five Year Contract as President of Canadian Division, E.S.S.X. Canada, Inc.
LAS VEGAS, Feb. 21, 2008 (PRIME NEWSWIRE) -- EnerBrite Technologies Group, Inc. (Pink Sheets:ETGU) is pleased to announce that Mr. Christopher Hudson has signed a five year contract as President of the Company's Canadian division, E.S.S.X. Canada. Mr. Hudson has served in this position for the last two years and will continue to direct the sales and marketing of EnerBrite's energy management system to contractors and developers of multi-unit residential properties. Mr. Hudson spent time with the British Merchant Marines as well as managing sales for Wynn Oil Company and Polymer Insulation Ltd. before immigrating to Canada.
Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions Announces Execution of Merger Agreement With San Diego-Based C5ISR and Net-Centric Warfare Solutions Provider SYS Technologies
SAN DIEGO, Feb. 21, 2008 (PRIME NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense and security solutions provider, announced today that it has entered into a definitive merger agreement with San Diego-based C5ISR and net-centric warfare solutions provider SYS Technologies (AMEX:SYS) in a stock-for-stock transaction. Under the terms of the agreement, SYS will merge into Kratos and all of SYS's outstanding common shares will be converted into Kratos common shares. Upon closing, Kratos will issue approximately 25 million shares of its common stock. Approximately 79 million shares of Kratos common stock are currently outstanding. The transaction is subject to customary closing conditions, including approval of the transaction by SYS's shareholders and the approval of Kratos stockholders for Kratos' issuance of shares. The transaction is expected to close in the second quarter.
S2C Global Systems Inc.
S2C Global Negotiates First Atmospheric Water Bottling Plant
LAS VEGAS, Feb. 21, 2008 (PRIME NEWSWIRE) -- S2C Global Systems (OTCBB:STWG) (http://www.s2cglobal.com) has brought Convergitech, Inc. and AVC Canada Corporation together to initiate the first atmospheric water bottling plant in Africa and the second in the world. S2C previously announced (September 20, 2007) its first stage agreement with AVC Canada to provide its Aquaduct system to AVC's "Agua Cuilo" bottling plant in Luanda, Angola, and its supply agreement with Convergitech (January 31st, 2008). S2C facilitated an agreement whereby Convergitech acquires AVC Canada's 80% interest in Agua Cuilo, and agrees to fund the completion of the bottling plant including the related costs of the S2C Aquaduct system.
School Specialty, Inc.
School Specialty Reports Fiscal 2008 Third Quarter Results
GREENVILLE, Wis., Feb. 21, 2008 (PRIME NEWSWIRE) -- School Specialty (Nasdaq:SCHS), a leading education company providing supplemental learning products to the preK-12 market, today reported fiscal 2008 third quarter and fiscal year-to-date financial results. Revenue for the third quarter was $134.8 million, an all-time high for the period and 4.7 percent above the prior-year's third quarter. Loss per share from continuing operations was 95 cents, reflecting the seasonally low period for educational product sales and increased selling, general and administrative (SG&A) expense as compared to the prior year. For the prior-year third quarter, the company reported a loss per share from continuing operations of 79 cents. Revenue for the nine-month period of fiscal 2008 rose 4.2 percent to a record $914.3 million, compared to $877.1 million in the same period last year. Diluted earnings per share from continuing operations rose 25.2 percent in the first nine months to $2.78 compared to $2.22 in the prior year.
Northrop Grumman Corp.
Northrop Grumman Showcases Health IT Solutions At HIMSS Annual Conference
ORLANDO, Fla., Feb. 21, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will highlight its clinical and public health interoperability and services next week at the Healthcare Information and Management Systems Society (HIMSS) 2008 Annual Conference and Exposition.