latest news releases from the newsroom
FreeSeas Inc. Announces New Employment for Free Destiny
PIRAEUS, Greece, Dec. 17, 2007 (PRIME NEWSWIRE) -- FreeSeas Inc. (Nasdaq:FREE) (Nasdaq:FREEW) (Nasdaq:FREEZ) ("FreeSeas" or "the Company"), a provider of seaborne transportation for drybulk cargoes, announced today that the Free Destiny, a 1982-built, 25,240 dwt Handysize vessel, has completed its charter at $28,000 per day and has been delivered to its new charterers for a 10-day spot voyage at $32,500 per day for repositioning purposes. Upon completion of this trip, the vessel has already been fixed for a subsequent 35-day time-charter at $35,000 per day.
Foundry Networks, Inc.
Hot Off the Press: Leading Daily French Newspaper, Le Figaro, Selects Foundry for Its Converged VoIP, Data and Digital Video Network
SANTA CLARA, Calif. and PARIS, Dec. 17, 2007 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced Le Figaro, France's leading daily newspaper founded in 1866, selected Foundry's(tm) FastIron(r) family of Power over Ethernet (PoE) ready Layer 2/3 switches to transmit data, digital video, and Voice over IP (VoIP) throughout its corporate and publishing network.
SPAR Group, Inc.
SPAR Group Names James R. Segreto Chief Financial Officer
TARRYTOWN, N.Y., Dec. 17, 2007 (PRIME NEWSWIRE) -- SPAR Group, Inc. (Nasdaq:SGRP) today announced that James R. Segreto, vice president and controller, has been named chief financial officer and treasurer, succeeding Charles Cimitile, who resigned to accept a position with another company.
Search Engine Marketing Professional Organization
SEMPO Institute Launches Class of 2008
WAKEFIELD, Mass., Dec. 17, 2007 (PRIME NEWSWIRE) -- SEMPO Institute, the online distance learning program launched a year ago by the Search Engine Marketing Professional Organization, www.sempo.org, reported today that more than 350 search marketing professionals and entry level businesspeople have enrolled in its courses during its first year of operation.
Teresis Media Management, Inc.
Bonded Services Partners With Teresis to Deliver Expanded Digital Asset Management Services to Customers Worldwide
LOS ANGELES and SANTA ANA, Calif., Dec. 17, 2007 (PRIME NEWSWIRE) -- Bonded Services, a world leader in media management as well as film and video format storage, and Teresis Media Management, Inc., the developer of the entertainment industry's first and only complete browser-based production asset management solution, today announced a joint venture to provide expanded services to customers worldwide. Under the terms of the agreement, Bonded Services will add Teresis' tapeless automation and digital asset management technologies to its global portfolio of media management and storage services.