latest news releases from the newsroom
Document Security Systems, Inc.
Document Security Systems Announces Completion of $5.8 Million Private Placement
ROCHESTER, N.Y., Dec. 30, 2003 (PRIMEZONE) -- Document Security Systems, Inc. (OTCBB:DCSS) announced today that it has completed its $5.8 million private placement offering. Fordham Financial Management, Inc., an NASD registered broker dealer, served as placement agent. The company completed the original offering amount of $5,000,000 and an additional $800,000 representing over-subscriptions for total gross proceeds of $5,800,000. The net proceeds to the Company from the offering, after deduction of commissions and offering expenses and the consulting fee was approximately $5,045,000. The Company offered for sale units for a purchase price of $50,000 per unit, comprised of 12,500 shares of common stock and 3,125 common stock warrants. The warrants have an exercise price of $5.00 per share. The company intends to use the net proceeds for working capital, additional intellectual property protection and research, debt reduction and expansion of its sales and marketing efforts.
Veterinary Pet Insurance
American Obesity Epidemic Also Affecting Pets
BREA, Calif., Dec. 30, 2003 (PRIMEZONE) -- Studies show between 25 and 40 percent of all American household pets are overweight or obese. According to the nation's largest pet insurer, this trend is leading to a steady rise in obesity-related pet illnesses and increased veterinary costs.
Capital Research Group, Inc
Hot Stocks To Watch for Tuesday, December 30, 2003: LPLHA, FMDAY, SUNW, LNCR
WESTON,Fla., Dec. 30, 2003 (PRIMEZONE) -- TheSUBWAY.com names LocatePlus Holdings Corp. (OTCBB:LPLHA) to its Stock Watch List. LPLHA is new to TheSUBWAY.com, and we expect great things from this stock! Watch this company; it has announced great news, and we think it is due to make a move in the near term! Other stocks highlighted include:
Capital Research Group, Inc
TheSUBWAY.com Announces Its Morning Stock Focus List for Tuesday, December 30, 2003: LPLHA, NCTI, CIEN, CYTP
WESTON, Fla., Dec. 30, 2003 (PRIMEZONE) -- TheSUBWAY.com announces LocatePlus Holdings Corp. (OTCBB:LPLHA) to its Stock Focus List. LPLHA is new to TheSUBWAY.com, and we expect great things from this stock! Watch this company; it has announced great news, and we think it is due to make a move in the near term! Other stocks highlighted include:
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP Commences the First Class Action Securities Fraud Suit Against Silicon Image, Inc. -- SIMGE
NEW YORK, Dec. 29, 2003 (PRIMEZONE) -- On December 11, 2003, Abbey Gardy, LLP commenced a Class Action lawsuit in the United States District Court for the Northern District of California, located at 450 Golden Gate Avenue, San Francisco and was assigned to Judge Ware. The action has been brought as a class action on behalf of a class (the "Class") of all persons who purchased or acquired securities of Silicon Image, Inc. ("Silicon" or the "Company") (Nasdaq:SIMGE) between April 15, 2002, the day the Company announced its financial results for its first quarter ended March 31, 2002 and November 15, 2003, the day the Company announced an investigation into its revenue recognition practices associated with its licensing transactions (the "Class Period").