latest news releases from the newsroom
Systems & Software
Systems & Software's enQuesta Ranked No. 1 in the Municipal Utility Market by UtiliPoint International
DALLAS, May 15, 2006 (PRIMEZONE) -- Systems & Software, Inc., a leading provider of billing and customer service solutions that empower electric, gas and water utility companies, announced today that its enQuesta(tm) CIS solution is rated No. 1 for the municipal utility market by UtiliPoint(r) International, Inc. UtiliPoint is the leader in providing research-based consulting services to the utility and energy industry. The ranking was announced at the 30th Annual CIS Conference, the utility industry's premier conference for CIS.
Ifinix Corp. Analyst Report and Integrated CEO Interview
LOS ANGELES, May 15, 2006 (PRIMEZONE) -- Ifinix Corp. (Pink Sheets:INXR) Analyst Report and Integrated CEO interview is available from IPOdesktop.com and WorldTalkRadio, the Internet's leading talk station. Ifinix provides financial and business information for professionals and active individual investors via Phoenix Pro and e-Phoenix.
Aveta Reports 2006 First Quarter Results
NEW YORK, May 15, 2006 (PRIMEZONE) -- Aveta Inc., one of the largest companies focusing on Medicare Advantage and a leader in addressing the healthcare needs of the chronically ill, reported today that revenues for the first quarter of 2006 totaled $293.7 million, an increase of 43.2% over pro forma revenues of $205.1 million for the first quarter of 2005. Earnings before interest, taxes, depreciation and amortization (EBITDA) grew 78.9% to $31.3 million in Q1 2006, compared to pro forma EBITDA of $17.5 million in Q1 2005. Adjusted first quarter earnings were $0.18 per share excluding stock option expense. Net income for the quarter was $12.3 million or $0.16 per share which includes $0.02 per share for stock option expense. Aveta's membership base of enrolled Medicare beneficiaries grew by more than 11,000 during the first quarter of 2006 to a total of 142,000, up 32% from the corresponding pro forma figure for the first quarter of 2005.
Tatyana Designs, Inc.
AeroTwin Reports Engine Progress
LAS VEGAS, May 15, 2006 (PRIMEZONE) -- AirScooter Corporation (Pink Sheets:ASCO), an innovator of new air vehicle concepts, announced today that its wholly-owned subsidiary, AeroTwin Motors Corporation, is continuing shipments of first production turbo-charged AT972T engines to target customers.
ACME Communications Announces Agreement to Sell WTVK-TV in Fort Myers-Naples, FL to Sun Broadcasting, Inc.
SANTA ANA, Calif., May 15, 2006 (PRIMEZONE) -- ACME Communications, Inc. (Nasdaq:ACME) announced today that it has entered into a definitive agreement to sell WTVK-TV in Fort Myers-Naples, FL to Sun Broadcasting, Inc. for $45 million. The all cash transaction is expected to close by the end of the third quarter of 2006. WTVK is currently affiliated with the WB Network, and will switch to a CW Network affiliation with the launch of the new network in September 2006. Fort Myers-Naples is the nation's 66th largest television market, based on television households.
SmallCap Sentinel: Searching For the Key to Connectivity
IRVINE, Calif., May 15, 2006 (PRIMEZONE) -- "Most everyone's home entertainment and computer systems are a plethora of wires and gadgets and device autonomy," stated SmallCap Sentinel analyst D.R. Clark. "The mandate is clear -- the consumer needs efficient connectivity between all devices. And the race to create that connectivity is on."