latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Provides Update On Operations in South Alibek Field; Signs Gas Utilization Contract
HOUSTON, June 19, 2006 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that well SA-11 has commenced production at a flowrate of approximately 1,400 bopd. Combined production from the seven wells currently producing including the SA-11 is approximately 2,600 bopd. The Company expects to commence production from well SA-12 later this month following perforation and acid stimulation using the dedicated workover rig. Completion of the SA-12, together with results from the ongoing recompletion and restimulation program, is expected to bring total field production to in excess of 3,000 bopd. The drilling rigs used on SA-11 and SA-12 have been mobilized to locations for SA-16 and SA-13, and drilling has begun. Additionally, drilling is expected to start on wells SA-21 and SA-K1, the first planned KT1 well, in the next week using two newly arrived rigs.
Luong Named Executive Vice President of Sysco Food Services of San Francisco, Inc.
HOUSTON, June 19, 2006 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY) announced today that Bruce V. Luong has been named executive vice president at Sysco Food Services of San Francisco, Inc., a broadline foodservice distribution subsidiary located in Fremont, California. Mr. Luong, who currently serves as senior vice president of that operation, will assume his new position effective July 2, 2006, the beginning of SYSCO's fiscal year 2007.
Ocwen Financial Corp.
Ocwen and NYLX Form Strategic Alliance to Offer Integrated Solution
WEST PALM BEACH, Fla., June 19, 2006 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) announced today a strategic alliance with NYLX, Inc., the leading provider of "on-demand" point-of-sale product eligibility and pricing technology systems for the mortgage industry. Engaged in a variety of businesses including mortgage servicing, mortgage fulfillment and technology, Ocwen continues its pursuit of being an industry-leader in the residential mortgage fulfillment arena. By capitalizing on its global workforce and infrastructure, round-the-clock capabilities and streamlined technology platform, Ocwen is able to provide its clients with a seamless, comprehensive solution to their fulfillment needs.
Nevada Gold & Casinos, Inc.
Nevada Gold to Present at New York Gaming Summit
HOUSTON, June 19, 2006 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announced that Eric Persson, Sr. Vice President and General Manager, Tioga Downs and Vernon Downs, will present Wednesday, June 21, 2006 at 3:30 p.m. EST at the New York Gaming Summit. The event is being held June 20-21, 2006, at Seneca Niagara Casino & Hotel in Niagara Falls, New York.
Dr. Robert Welsh
The New 'Self-Test' to Cure Glaucoma, the Leading Cause of Preventable Blindness
MIAMI, June 19, 2006 (PRIMEZONE) -- According to the World Health Organization, more than 5,000,000 mostly elderly blacks in the world today suffer from total incurable blindness needlessly because they lack the opportunity to get tested for glaucoma before glaucoma robs them of their sight. Dr. Bob Welsh, a Rotarian, a world-renowned eye surgeon and a leading medical missionary, sees a chance to prevent most glaucoma blindness through administering his new invention, The Welsh "Self-Test" for glaucoma, in 10,000 U.S. black churches.
ACT Teleconferencing, Inc.
ACT Teleconferencing and Compunetix Announce Renewal of International Joint Purchase Agreement
DENVER, June 19, 2006 (PRIMEZONE) -- ACT Teleconferencing, Inc. (Pink Sheets:ACTT), an independent worldwide provider of audio, video and web-based conferencing products and services, and Compunetix, Inc., a premier provider of advanced business collaboration, today jointly announced the renewal of an international purchase agreement. The renewed agreement extends the parties business relationship of over a decade.