latest news releases from the newsroom
ER-Telecom Selects AudioCodes Residential VoIP Media Gateways
LOD, Israel, July 28, 2008 (PRIME NEWSWIRE) -- AudioCodes (Nasdaq:AUDC), a leading provider of Voice over IP (VoIP) technologies and Voice Network products, today announced that ER-Telecom, a Russian telecommunications company, has chosen to deploy the MediaPack(tm) MP-202 Telephone Adapter into their network. The MP-202 is a member of the AudioCodes MediaPack(tm) series of analog VoIP gateways.
XOMA Announces Departure of CFO
BERKELEY, Calif., July 28, 2008 (PRIME NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA) today announced that J. David Boyle II, XOMA's Vice President of Finance and Chief Financial Officer, has resigned from the company to join another biotechnology company where he will assume broader responsibilities. Mr. Boyle will remain in his position through August 8, 2008 to complete the close of XOMA's second quarter and the filing of its Form 10-Q. A formal search for the position has been initiated.
Transocean Inc. Announces Agreements to Sell GSF Arctic II and GSF Arctic IV
HOUSTON, July 28, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today announced that certain of its subsidiaries have entered into agreements to sell the GSF Arctic II and GSF Arctic IV semisubmersible rigs to Northern Offshore, Ltd. (Oslo:NOF.OL) for total proceeds of approximately $750 million. The divestitures will complete Transocean's previously announced undertakings to the Office of Fair Trading in the United Kingdom (OFT) related to the merger with GlobalSantaFe Corporation.
Capital Product Partners L.P.
Capital Product Partners L.P. Increases Cash Distribution
ATHENS, July 28, 2008 (PRIME NEWSWIRE) -- Capital Product Partners L.P. (Nasdaq:CPLP) today announced that its board of directors has declared a cash distribution of $0.41 per unit for the second quarter ended June 30, 2008.
Clark Financial Group, LLC
Clark Financial Group Announces Commencement of Operations
CHAPEL HILL, N.C., July 28, 2008 (PRIME NEWSWIRE) -- Clark Financial Group, LLC (CFG), a provider of corporate finance advisory services to enhance shareholder value, today announced that it has commenced operations in Chapel Hill, North Carolina. The firm is led by Jim Clark, who for the last eight years was CFO for etrials Worldwide, Inc. (Nasdaq:ETWC). Mr. Clark brings over thirty years experience serving the corporate finance needs of corporations, with the goal of enhancing shareholder value. He has raised over $200 million in equity capital in the public and private markets and debt for working capital and acquisition financing. Mr. Clark has negotiated and closed over fifteen acquisitions during his career.