latest news releases from the newsroom
TDC A/S -- Recommendation
COPENHAGEN, Denmark, Jan. 12, 2006 (PRIMEZONE) -- The Board of Directors' statement in connection with Nordic Telephone Company ApS' reduction of the minimum condition and extension of the offer period for the public tender offer for TDC A/S.
Petroleum Geo-Services ASA
PGS Production Secures Tanker for FPSO Conversion
OSLO, Norway, Jan. 12, 2006 (PRIMEZONE) -- Petroleum Geo-Services ASA ("PGS" or the "Company") (OSE:PGS) (NYSE:PGS) announced today that its wholly owned subsidiary PGS Production has entered into an agreement to purchase the shuttle tanker MT "Rita Knutsen" from Knutsen OAS Shipping for USD 35 million. PGS Production has developed plans for a conversion of the ship to a Floating Production, Storage and Offloading Unit (FPSO). The vessel is considered as a possible FPSO solution for several upcoming projects, and a conversion will be started when a firm contract for the ship is secured in the market. "Rita Knutsen" is a double hull vessel of 124.472 dwt, built by the Daewoo shipyard in Korea in 1986.
Mediware Information Systems, Inc.
Mediware Outlines Upcoming Management Change At Medication Management Division
LENEXA, Kan., Jan. 11, 2006 (PRIMEZONE) -- Mediware Information Systems, Inc. (Nasdaq:MEDW) announces the planned transition of leadership in its Medication Management Division. Kevin Ketzel will become general manager of the company's medication management division, replacing Michael Crabtree, the division's president, in a transition that will become effective March 31, 2006. Mr. Crabtree will continue to assist Mr. Ketzel with the transition and be actively involved in the Company as Executive Vice President of Corporate Business Development.
Radiant Logistics, Inc.
Radiant Logistics Acquires Airgroup Corporation
PHILADELPHIA, Jan. 11, 2006 (PRIMEZONE) -- Radiant Logistics, Inc. (OTCBB:RLGT) today announced that it has acquired Airgroup Corporation, a Seattle, Washington-based, privately held company that provides a full range of domestic and international freight forwarding services. The transaction was valued at up to $14.0 million, consisting of cash of $9.5 million paid at closing with an additional $4.5 million payable over the next five years in a combination of cash and Company stock based on the future performance of Airgroup.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Impac Mortgage Holdings, Inc.
HARTFORD, Conn., Jan. 11, 2006 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Central District of California on behalf of all persons who purchased the publicly traded securities of Impac Mortgage Holdings, Inc. ("Impac" or the "Company") (NYSE:IMH) between May 13, 2005 and August 9, 2005, inclusive (the "Class Period").