latest news releases from the newsroom
First Horizon National Corporation
First Horizon Bank Announces Maryland-Based Wealth Management Team
MCLEAN, Va., May 20, 2005 (PRIMEZONE) -- First Horizon Bank, a full-service financial services company and part of First Horizon National Corp. (NYSE:FHN), announced today the expansion of its wealth management team to include operations in the greater Baltimore area. Focusing its efforts on high-quality service and advice, including personalized financial planning, the addition of this highly experienced team is in line with the company's commitment to meet consumer demand for objective financial advice in the Mid-Atlantic region.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Brocade Communication Systems, Inc. -- BRCD
BALA CYNWYD, Pa., May 20, 2005 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Brocade Communication Systems, Inc. (Nasdaq:BRCD) ("Brocade" or the "Company") between February 21, 2001 and May 15, 2005, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Northern District of California.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit against Harley-Davidson, Inc. -- HDI
BALA CYNWYD, Pa., May 20, 2005 (PRIMEZONE) -- Law Offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Harley-Davidson, Inc. (NYSE:HDI) ("Brocade" or the "Company") between January 21, 2004 and April 14, 2005, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the District of Wisconsin.
Imperia Entertainment Inc.
Soleil Film Initiates Post-Screening Publicity Biltz for Feature Film at Cannes Film Festival, and Receives Initial International and Domestic Distribution Offers
CANNES, France, May 20, 2005 (PRIMEZONE) -- Soleil Film, Inc. (Pink Sheets:SFLM) announced today that in the tradition of Cannes Flim Festival post-screening publicity initiatives, it has initiated its own publicity blitz to drive more buyers to the second screening of the film to be held on Friday, May 20th. Pursuant to this media blitz, the Company, together with James Hergott, the producer of "All That I Need", have received initial offers from distributors within Germany and the United Kingdom worth an estimated $350,000 to $700,000, as well as an initial offer for the North American market, in the form of a pay-per-view deal, worth an estimated $1 million. Previous total estimates for the film's worldwide gross box office receipts range between $6 and $10 million. Soleil Film CEO, Kenneth Eade, remarked, "While it is important not to get overly excited about initial offers for foreign distribution until the film has been fully marketed, we are pleased with the initial interest levels and anticipate more of the same after the second screening."
East Delta Resources Corp.
East Delta Resources Signs Base Metal Agreement
MONTREAL, May 20, 2005 (PRIMEZONE) -- East Delta Resources Corp. (OTCBB:EDLT) announced today that it has reached an agreement with the Chinese mining entity, Qinghai Jiahu Metal Development Co. Ltd. ("QJMD") to form a Joint Venture involving East Delta's subsidiary Sino-Canadian Metals Inc. (Sino-Canadian). Under the terms of the Agreement, the newly formed JV will acquire all the exploration and production permits owned by QJMD related to the Yuanshishan Nickel-Iron-Cobalt deposit located in Ping'an County, Qinghai Province, northwest China. The Agreement gives Sino-Canadian the exclusive right to earn at least 75% of this project, subject to investing USD $300,000 in the new JV and assuming the responsibility of all eventual funding necessary to bring the property to the mining and production stages.
Integrated Software Development
Integrated Software Development Sells Upgrade
KIRYAT BIALIK, Israel and LAS VEGAS, May 20, 2005 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITWJ), a provider of enterprise software aimed at small and medium-size enterprises, today announced that it sold an upgrade version of BENEFIT 5.0 to EDCO Electronics Ltd. (www.edco.co.il).
EMS Technologies, Inc.
EMS Technologies Awarded Duplexer on OCEANSAT 2
ATLANTA, May 20, 2005 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) announced today that its Defense & Space Systems division has been awarded a contract by the Indian Space Research Organization (ISRO) to provide a Front End Switch Assembly (FESA) for the OCEANSAT 2 satellite. The value to EMS is $1.6 million USD over 12 months.