latest news releases from the newsroom
Nexia Holdings, Inc.
Nexia Acquires Office Building for $820,000
SALT LAKE CITY, Aug. 9, 2005 (PRIMEZONE) -- Nexia Holdings, Inc. (OTCBB:NEXH) announced today that its subsidiary, Diversified Holdings I, Inc., has signed a contract to acquire a 15,000 square foot office building at 268 West 400 South, Salt Lake City, Utah for a total purchase price of $820,000. The building was acquired by purchasing 99% of the stock in Salt Lake Development Corporation whose sole asset consists of the building. Nexia intends to make cosmetic improvements to the property and will immediately list the property with Internet Properties, Inc. for sale or lease. Nexia has made a cash payment of $260,000 and will in effect assume the existing financing of approximately $560,000. Closing will take place upon the receipt of financial information related to the building.
Butler Group Praises Telelogic for Sophisticated ALM Capability
MALMO, Sweden and IRVINE, Calif., Aug. 9, 2005 -- Telelogic (Stockholm Exchange: TLOG), the leading global provider of software solutions that align advanced systems and software development with business objectives, today announced that its Application Lifecycle Management tools were noted for their sophisticated capabilities and performance in an Application Lifecycle Management Technology Audit written by Butler Group in June 2005. Butler Group is the premier European provider of Information Technology research, analysis and advice.
Cornell Companies, Inc.
Cornell Companies Reports Second-Quarter, Six-Month 2005 Results
HOUSTON, Aug. 9, 2005 (PRIMEZONE) -- Cornell Companies, Inc. (NYSE:CRN) today reported results for the period ended June 30, 2005. The Company reported a net loss of $0.3 million, or $0.02 per diluted share, compared with a net loss of $1.1 million, or $0.08 per diluted share, in same period last year. This year's second-quarter results included $0.7 million of start-up costs (net of start-up revenues) for new facilities, $1.7 million of losses from discontinued operations, and $0.5 million of losses associated with New Morgan Academy. The 2004 second-quarter results included a total of approximately $1.0 million for start-up costs (net of start-up revenues) for new facilities and losses associated with New Morgan Academy, and $1.4 million for charges related to the early extinguishment of debt.
Rodedawg International Industries, Inc.
Photo Release -- Rodedawg International Industries, Inc. is Getting Ready to Introduce an Amphibious, 4X4, Recreational Vehicle to the World Market
SAN MATEO, Calif., Aug. 9, 2005 (PRIMEZONE) -- Rodedawg International Industries, Inc., a U.S. corporation (Other OTC:RWGI) owns an exclusive worldwide contract for the purpose of marketing and distributing a new, amphibious 4 x 4 off-road recreational vehicle. This new, amphibious 4 X 4 off road vehicle is called the "Rodedawg".
Nationwide Beverage Bottling Corp.
Nationwide Beverage Bottling Corporation Featured on Financial News Radio Talk Show
CORONA, Calif., Aug. 9, 2005 (PRIMEZONE) -- Nationwide Beverage Bottling Corporation (Pink Sheets:NBVB) disclosed today that the company was featured on the nationally-syndicated financial radio talk show "Corporate Strategies with Tim Connolly," which aired on Sunday, August 7th. Tim Connolly's show, which is a widely-followed radio show available on a national network of 350 radio stations and on the Internet at www.businesstalkradio.com, focuses on successful business strategies and the latest business news.
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast its August 25, 2005 Third Quarter 2005 Earnings Conference Call Live
HORSHAM, Pa., Aug. 9, 2005 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its third quarter 2005 results and outlook for the future. The event, scheduled for 2:00 p.m. (EDT) on Thursday, August 25, 2005, will follow announcement of the Company's third quarter 2005 results for earnings, revenues, contracts and backlog earlier the same day. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.
The Rosen Law Firm PA PC
Rosen Law Firm Files Securities Class Action on Behalf of Host America Shareholders -- CAFE
NEW YORK, Aug. 9, 2005 (PRIMEZONE) -- The Rosen Law Firm (http://www.rosenlegal.com) announced today it has filed a class action lawsuit on behalf of purchasers of Host America Corporation (Nasdaq:CAFE) ("Host America" or the "Company") common stock during the period from July 12, 2005 and July 22, 2005, inclusive (the "Class Period"). The lawsuit names as defendants Host America, EnergyNSync, Geoffrey Ramsey, David Murphy, Roger Lockhart, and Peter Sarmanian.