latest news releases from the newsroom
Tix Corporation Announces Repayment of Major Debt Obligation
STUDIO CITY, Calif., July 18, 2006 (PRIMEZONE) -- Tix Corporation (OTCBB:TIXC) ("Tix" or the "Company") is pleased to announce that it has repaid in full its outstanding loans to Advantage Capital Corporation that were originally structured in the form of two convertible debentures with a face amount totaling $530,000.
Maconomy A/S: To OMX Copenhagen Stock Exchange and the Press
COPENHAGEN, Denmark, July 18, 2006 (PRIMEZONE) -- Maconomy has signed a new large contract with DHI Water & Environment ("DHI") for the purchase and implementation of licenses for 600 users. DHI will implement the standard Maconomy consulting solution and roll-out will take place in all of DHI's subsidiaries, a total of 19 countries. This announcement does not change Maconomy's financial expectation for 2006.
Northrop Grumman Corp.
Northrop Grumman Wins United Kingdom's Maritime Surveillance Study
BETHPAGE, N.Y., July 18, 2006 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) has been awarded a contract to perform a study for the United Kingdom's Maritime Airborne Surveillance and Control (MASC) program. This study will concentrate on a manned rotary-wing solution for MASC, which will provide the future maritime airborne early warning and battle management system. Follow-on phases are expected to further define the preferred option or options, working towards a production contract after further U.K. Ministry of Defence approval.
SimpleTech to Exhibit at Farnborough International Exhibition and Airshow 2006
SANTA ANA, Calif., July 17, 2006 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC) today announced that the company will exhibit its solid-state storage solutions for the aerospace industry, at the Farnborough International Exhibition and Airshow 2006 in Farnborough, U.K., July 17 - July 23, 2006. SimpleTech will be exhibiting in partnership with UK distributor Diamond Point International (Europe). The companies will exhibit at booth Ltd Hall Number 4, Stand Number E16/5.
The Pomerantz Firm Charges Par Pharmaceutical Companies, Inc. With Securities Fraud -- PRX
NEW YORK, July 17, 2006 (PRIMEZONE) -- A class action lawsuit has been filed by Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") in the United States District Court for the District of New Jersey, against Par Pharmaceutical Companies, Inc. ("Par" or the "Company") (NYSE:PRX) and certain of its officers, on behalf of purchasers of the common stock of the Company during the period from April 29, 2004 to July 5, 2006, inclusive (the "Class Period"). The complaint alleges violations of Sections 10(b) and 20(a) the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.