latest news releases from the newsroom
Discovery Laboratories, Inc.
Discovery Laboratories Secures $75 Million Committed Equity Financing Facility
DOYLESTOWN, Pa., July 8, 2004 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) has entered into a Committed Equity Financing Facility Agreement (CEFF) with Kingsbridge Capital Limited in which Kingsbridge has committed to finance up to $75 million of capital to support Discovery's future growth. The Agreement requires Kingsbridge to purchase newly issued shares of Discovery common stock. Discovery will ultimately determine the exact timing, amount and price of any CEFF financings, subject to certain conditions. Kingsbridge is a private investment group, which operates as a closed fund, managing substantial assets for its principal. The CEFF allows Discovery to raise capital as required, at the time, price and in amounts deemed suitable to the Company, during a three-year period once the registration statement is filed by Discovery and declared effective by the Securities and Exchange Commission.
Pressure Profile Systems, Inc.
New Scalable Pressure Analysis Solution from Pressure Profile Systems, Inc. is Configurable, Fast and Meets Any Tactile Data Collection Essentials
LOS ANGELES, July 8, 2004 (PRIMEZONE) -- Pressure Profile Systems, Inc. (PPS) today introduced its most advanced tactile pressure measurement system, the T3000. The new data acquisition system is a complete turnkey solution designed to support up to 10,240 sensors (individually or in multiple sensor arrays) at acquisition rates of up to 128 kHz, enabling real-time tactile pressure analysis of objects in direct physical contact. In addition to the hardware package, the software converts raw sensor data into a color-coded, highly-realistic, 3D representation of pressures on irregularly shaped objects making the T3000 ideal for use in product design, mechanical assembly evaluation, ergonomic evaluation, impact analysis, and other diverse applications.
Oakley to Present at the CIBC Fourth Annual Consumer Growth Conference
FOOTHILL RANCH, Calif., July 8, 2004 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) said it will present at the CIBC Fourth Annual Consumer Growth Conference in Boston on Wednesday, July 14, 2004, at 2:20 pm eastern time. Chief Operating Officer Link Newcomb and Chief Financial Officer Tom George will highlight Oakley's successful product diversification strategy and ongoing new product introductions that are driving the company's growth.
Moreland Photography Captures Honors in International Photo Competition
ATLANTA, July 8, 2004 (PRIMEZONE) -- Moreland Photography of Atlanta, Georgia, today announced that photographer Mike Moreland has placed third in the International Wedding & Portrait Photography Competition held in Santa Monica, California in June, 2004. Moreland Photography specializes in unique photographs that combine photo-journalism with fine art, artistic photography, and creative photography.
Special Olympics Southern California
Orange County Foster Kids to Benefit from NCAA Basketball Doubleheader
SANTA ANA, Calif., July 8, 2004 (PRIMEZONE) -- The 2004 John R. Wooden Classic weekend events, held each year in December in Orange County, will now help support programs for Orange County's foster children. The Wooden Classic weekend includes a charity golf tournament on Thursday, a benefit dinner on Friday evening and culminates with the NCAA basketball doubleheader on Sunday at the Arrowhead Pond of Anaheim. Orangewood Children's Foundation is joining with Special Olympics Southern California to share the proceeds from the golf tournament and benefit dinner.
Blue Frog Solutions and VerticalPoint Form Strategic Partnership
POMPANO BEACH, Fla. and COLORADO SPRINGS, Colo., July 8, 2004 (PRIMEZONE) -- Blue Frog Solutions, provider of standards-based middleware solutions for the life insurance industry, and enterprise-wide new business and automated risk assessment technology solutions provider VerticalPoint, Inc. today announced that they have formed a strategic alliance whereby the two technology firms will work together to increase business by coordinating marketing efforts and providing sales force cross-training.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Callidus Software, Inc. -- CALD
BALTIMORE, July 8, 2004 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Callidus Software, Inc. (Nasdaq:CALD) between November 19, 2003 and June 23, 2004, inclusive (the "Class Period").
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against The Shaw Group, Inc. -- SGR
BALTIMORE, July 8, 2004 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of The Shaw Group, Inc. (NYSE:SGR) between October 19, 2000 and June 10, 2004, inclusive (the "Class Period").