latest news releases from the newsroom
Corporate Mortgage Solutions Inc.
National Hospitality Group Subsidiary Focuses on Profitable Niche Market -- As Reported by Wallstreetcorner.com
ST. PETERSBURG, Fla., Jan. 4, 2005 (PRIMEZONE) -- National Hospitality Group, Inc. (Pink Sheets:NHGP) is pleased to announce that they have been featured on Wallstreetcorner.com. In his interview with Larry Oakley, National Hospitality Group, Inc. President Damian Guthrie stated, "National Hospitality Group's wholly owned subsidiary, Tampa Bay Mortgage Solutions, Inc., specializes in offering our customers 'hassle-free' hard equity loans."
Toronto Star Says O24 is 'IN' for 2005; Celebrex, Naproxen Out
TAMPA, Fla., Jan. 4, 2005 (PRIMEZONE) -- Toronto Star health editor Judy Gerstel announced arthritis drugs Vioxx(r), Celebrex(r) and naproxen are out. What's IN for 2005? Exercise, weight loss and topical pain relievers, she noted. Wrote Gerstel in her December 31st health column, "Among the products: O24 essential oil pain reliever, from Toronto-based Swiss Medica (OTCBB:SWME)." Gerstel noted that topical pain relief products are "being heavily promoted now that the high-profile drugs are losing their luster."
QLogic Executive to Present at RBC Capital Markets Fabric Computing Forum, Wednesday
ALISO VIEJO, Calif., Jan. 4, 2005 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks (SANs), today announced that Tony Massetti, vice president and CFO, will deliver a company presentation at the RBC Capital Markets Fabric Computing Forum, Wednesday, Jan. 5 at 10:50 a.m. Eastern Standard Time, at The Plaza Hotel in New York City.
Ruby Mining Company
Ruby Mining Company Raises over $600K in Private Placement
ATLANTA, Jan. 4, 2005 (PRIMEZONE) -- Ruby Mining Company (OTCBB:RUBM), conducting operations through its subsidiary, Admiralty Corporation (Admiralty), announced today that a private offering of securities to accredited investors has been completed. Gross offering proceeds totaled $622,785. The offering consisted of units, each unit containing one share of common stock and two warrants for $0.70. The common stock is restricted from resale under Rule 144, unless a registration of the shares occurs first. The first warrant has an exercise price of $1.35 and is exercisable for two years. The second warrant has an exercise price of $2.25 and an exercise period of four years. A mixture of current shareholders and new investors purchased the units.
Universal Stainless & Alloy Products, Inc.
Universal Stainless Announces Base Price Increases
BRIDGEVILLE, Pa., Jan. 4, 2005 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced base price increases of 5% on all air melted and 7% on all remelted steels, effective with shipments scheduled for January 17. This includes shipments of ingot, slab, billet, bloom bar, flat bar, round bar, hexagon, square, rod and wire products manufactured at its Bridgeville, PA and Dunkirk, NY facilities.
GlobeOp Financial Services
GlobeOp Names Chief Operating Officers for U.S. and India Operations
NEW YORK, and MUMBAI, India, Jan. 4, 2005 (PRIMEZONE) -- GlobeOp(r) Financial Services (GFS(SM)), a leading provider of fund administration and related support services for hedge funds, fund of funds and high net worth family wealth offices, today announced the promotions of two executives to new leadership posts within their regional operations. Rob Diaz, who has most recently directed multiple client service groups, was named chief operating officer of GlobeOp Financial Services LLC, the firm's New York-based operating company, and Nandini Piparaiya, who spearheaded the opening a year ago of GlobeOp's offices in Mumbai, India, was named president and chief operating officer of GlobeOp Financial Services (India) Private Limited. In their new roles, Diaz and Piparaiya will continue to report directly to Vernon Barback, GFS president and global chief operating officer.