latest news releases from the newsroom
Satelinx International Inc.
Satelinx International Inc. Signs $84 Million U.S. Deal with Elkay Finance Ltd. of India
MONTREAL, May 24, 2005 (PRIMEZONE) -- Satelinx International Inc. (Pink Sheets:SLXI), a global provider of satellite vehicle tracking services, announced today that it has signed a multi-year agreement valued at $84 million U.S. with India-based financial services provider, Elkay Finance Ltd. Under the terms of this five-year agreement, Elkay Finance Ltd. will market Satelinx's tracking device in India, where it is expected that yearly residual revenues alone will grow to over $18 million U.S. over the next 18 months.
Toll Brothers, Inc.
Toll Brothers Announces New Golf Course Community in Jupiter, FL
HORSHAM, Pa., May 24, 2005 (PRIMEZONE) -- Toll Brothers, Inc., (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced plans for Jupiter Country Club, a 483-acre golf course community in the town of Jupiter, Palm Beach County, Florida. Revenues from the community are expected to exceed $670 million over a six-year period.
RipDigital Delivers New iPods Fully loaded With Purchasers' CD Collections
NEW YORK, May 24, 2005 (PRIMEZONE) -- RipDigital, the premier CD-to-MP3 conversion service, today announced that it is selling a variety of iPods pre-loaded with customers' CD collections at www.ripdigital.com - in time for Father's Day. By combining the leading digital music player and leading CD conversion service, RipDigital has created the easiest and fastest way to make the jump to digital music.
Flamemaster Reports Earnings and Revenue Gains for the Quarter and Six Months Ended March 31, 2005
SUN VALLEY, Calif., May 24, 2005 (PRIMEZONE) -- Flamemaster Corporation (Pink Sheets:FAME) today reported net income of $196,262 or $.17 per share on sales of $1,258,280 for the quarter ended March 31, 2005, compared to net income of $123,745 or $.10 per share on sales of $1,224,709 in the year earlier period.
Rx Processing to Expand Company Owned Store Front Operations in Cape Canaveral, FL
TAMPA, Fla., May 24, 2005 (PRIMEZONE) -- Rx Processing Corporation (Pink Sheets:RXPC), a provider of low-cost prescription medications and diagnostic lab testing solutions, announced today that the Company will be opening a new storefront location in Cape Canaveral, Fl. The name of the storefront location will be "Rx Direct" and will provide individuals with access to mail order prescription drugs and diagnostic tests at discount of up to 84% of retail prices.
Toll Brothers, Inc.
S&P Raises Toll Brothers' Outlook to Positive
HORSHAM, Pa., May 24, 2005 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today reported that Standard & Poor's Ratings Services had affirmed its "BBB-" investment grade corporate credit rating on Toll Brothers Inc. and revised its outlook to positive from stable. Ratings are also affirmed on roughly $850 million senior notes and $450 senior subordinated notes.