latest news releases from the newsroom
Limelight Media Group Inc
Limelight Media Group Enters Agreement to Acquire Assets of InTransit Media
MEMPHIS, Tenn., June 9, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG) of Memphis, TN has executed an agreement to purchase all the assets of InTransit Media. Included in the asset purchase is the exclusive right for InTransit to provide digital signage management and marketing services for PATHVision. Limelight, upon closing, will continue to operate and market the PATHVision system under the InTransit name.
Beach First National Bank
Beach First National Bancshares, Inc. Announces Offering of Common Stock and Listing on Nasdaq
MYRTLE BEACH, S.C., June 9, 2005 (PRIMEZONE) -- Beach First National Bancshares, Inc. (Nasdaq:BFNB) today announced the sale by the Company of 1,000,000 shares of its common stock at $18.75 per share in a firm commitment underwritten offering sole managed by Sandler O'Neill & Partners, L.P. The Company has granted the underwriter an option to purchase up to an additional 150,000 shares to cover over-allotments. The offering is expected to close on June 14, 2005.
AuGRID Completes Production Prototype of Home Entertainment PC Gaming System
CLEVELAND, June 9, 2005 (PRIMEZONE) -- AuGRID Corporation (Pink Sheets:AGRI) announces the completion of a production prototype of its Home Entertainment PC Gaming System. This system will be combined with its Internet Audio System. In addition, AuGRID has reached out to Microsoft Corporation (Nasdaq:MSFT) in a possible collaboration on its Internet audio device. AuGRID is hopeful that this device will reduce the amount of music theft globally and is looking to launch the product in collaboration with Microsoft within the next 90 days.
Jati Technologies, Inc.
CNC Forges Ahead With PyraSolutions
MONTREAL, June 9, 2005 (PRIMEZONE) -- PyraSolutions Management Inc., a subsidiary of CNC (Pink Sheets:CNCW), has announced that it is proceeding to present its Pyramid software to other interested Quebec hospitals, in conjunction with its partner, and first "showcase" customer located in St-Jerome, Quebec. This hospital, Hotel-Dieu de Saint-Jerome, issued its final letter of acceptance which confirmed the complete acceptance of the software, which is now operational.
Viropro Pharma Appoints Director of Business Development for North Africa
MONTREAL, June 9, 2005 (PRIMEZONE) -- Viropro Pharma Inc., a subsidiary of Viropro, Inc. (OTCBB:VPRO), today announced the appointment of Ms. Kawtar Sounni to the position Director -- Business Development North Africa. Based in Morocco, Ms. Sounni will oversee all business activities related to the development of products and technologies in North Africa with a particular focus on Morocco.
BreakThrough Wireless: 'New York's BlackBerry Center' to Open June 16
NEW YORK, NY, June 9, 2005 (PRIMEZONE) -- BlackBerry(r) has become a very popular wireless communications solution for mobile professionals -- popular enough to command the need for a store dedicated to BlackBerry. Launching on June 16th and open to the public on June 17th is BreakThrough Wireless, "New York's BlackBerry Center." Located on 109 West 39th Street off of Sixth Avenue and across from landmark Bryant Park, BreakThrough Wireless will offer a variety of BlackBerry Wireless Handhelds(tm) from carriers including Nextel Communications, Inc., T-Mobile USA, and Cingular Wireless. The retail location will also offer BlackBerry Enterprise Server(tm), BlackBerry Internet service set-up, third-party applications for BlackBerry, and BlackBerry accessories. BlackBerry is developed and manufactured by Research In Motion (RIM) (Nasdaq:RIMM) (TSX:RIM).