latest news releases from the newsroom
Nordic American Tanker Shipping Ltd.
Nordic American Tanker Shipping Ltd. Announces Pricing of Follow-on Offering
HAMILTON, Bermuda, March 9, 2006 (PRIMEZONE) -- Nordic American Tanker Shipping Ltd. (NYSE: NAT) (the "Company") today announced that its follow-on offering of 3,750,000 common shares has been priced at $28.50 per share. The common shares are being offered pursuant to the Company's effective shelf registration statement. Bear, Stearns & Co. Inc. and UBS Investment Bank are acting as joint bookrunning managers and DnB NOR Markets, Inc. is acting as a co-manager. The Company has also granted the underwriters an option to purchase up to an additional 562,500 common shares to cover any over-allotments, exercisable within 30 days. The Company expects to close the sale of the common shares on March 14, 2006, subject to customary closing conditions.
Urban Outfitters, Inc.
Urban Outfitters Q4 Earnings Increase 31 Percent
PHILADELPHIA, March 9, 2006 (PRIMEZONE) -- Urban Outfitters, Inc. (Nasdaq:URBN), a leading lifestyle consumer products company operating under the Anthropologie, Free People and Urban Outfitters brands, today announced record earnings of $35.6 million for the fourth quarter ended January 31, 2006, a 31% increase over the comparable quarter last year. Fourth quarter diluted earnings per share rose to $0.21 this year versus $0.16 in the prior year.
ADVA Optical Networking
ADVA Optical Networking Releases Significant New Features for the FSP 3000 Product Line
MARTINSRIED/MUNICH, Germany and MAHWAH, N.J., March 9, 2006 (PRIMEZONE) -- ADVA Optical Networking today announced the new release of its flagship optical platform, the Fiber Service Platform (FSP) 3000. Combining new features into this powerful Wavelength Division Multiplexing (WDM) platform and offering unprecedented application scope, the FSP 3000 Release 7 allows a best-in-class value proposition across a broad range of networks. The platform delivers three families of transponders and muxponders -- access, core and enterprise -- which enhance the ability of carriers and enterprises alike to evolve their networks, deliver new services and implement systems that are easy to use.
ON24 and Reuters Join to Webcast Visit by the Queen of England
SAN FRANCISCO, March 9, 2006 (PRIMEZONE) -- ON24 Inc., the global leader in webcasting and video communication solutions and Reuters, the global information company today announced that they cooperated to jointly webcast a recent visit of the Queen to the new Reuters offices in Canary Warf. The event follows closely on the heels of the opening of ON24's offices in London.
The Canadian University of British Columbia to Establish the Nobel Biocare Oral Health Center
ZURICH, Switzerland, March 9, 2006 (PRIMEZONE) -- Nobel Biocare (Other OTC:NBCHF), the world leader in innovative esthetic dental solutions, today announced the donation of CAD 5 million over five years to the University of British Columbia Faculty of Dentistry, Vancouver, Canada, to establish the Nobel Biocare Oral Health Center. The new hi-tech clinic will promote the study of dental implants and prosthetics by providing a state-of-the-art teaching and research facility for optimal patient treatment.
Habanero Resources Inc.
Habanero Resources Inc. Announces Seismic Operations Now Underway on Peace River Oil Sands Prospect in Alberta, Canada
VANCOUVER, British Columbia, March 9, 2006 (PRIMEZONE) -- Habanero Resources Inc. ("Habanero") (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) is pleased to announce that it has been informed by the operator of the Peace River Oil Sands Prospect (announced November 17, 2005) that activities are moving forward and that the seismic is now being shot. Once the seismic is completed the data will be interpreted and evaluated with the known geology and previously gathered information to determine the proceeding steps for the potential Oil Sands pilot project planned for this prospect.
Emulex and Novell Showcase Lead in Xen Server Virtualization
HANNOVER, Germany, March 9, 2006 (PRIMEZONE) -- CeBIT -- Emulex(r) Corporation (NYSE:ELX), the most trusted name in storage networking connectivity, today announced the industry's first demonstration featuring Linux-based server virtualization combined with industry-standard N-Port ID Virtualization (NPIV) technology in Europe. Emulex has teamed with Novell to showcase the benefits of leveraging its industry-standard NPIV-based LightPulse(r) Virtual HBA technology within a Fibre Channel environment using Xen 3 technology and tools provided by Novell as part of Novell's next SUSE Linux Enterprise Server.