latest news releases from the newsroom
Unique Pizza and Subs
Unique Pizza and Subs' Milwaukee Master Franchisee Projects Sales of $12,601,400 From New Stores
PITTSBURGH, May 18, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS) a Delaware Corporation, has announced plans by its Milwaukee franchisee to have 5 (five) new locations and 31 (thirty-one) converted locations open by the end of 2007. With the new stores and the conversion of independent pizza shops into Unique Pizza and Subs, UPZS is projecting sales throughout Wisconsin of $12,601,400 by the end of 2007. To lead this effort, Grace Budzinski has joined Unique Pizza and Subs-Wisconsin as Executive Vice President and General Manager. Ms. Budzinski will be responsible for executing Unique Pizza and Subs franchising sales objectives through out the state of Wisconsin. Her main objective will be to implement Unique Pizza and Subs' proven conversion strategy of converting existing independent pizza shops into a Unique Pizza and Subs franchise.
Pacific Sunwear of California, Inc.
Pacific Sunwear Announces Additional $100 Million Common Stock Repurchase Authorization
ANAHEIM, Calif., May 18, 2006 (PRIMEZONE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) announced today that the Company's Board of Directors has authorized the Company to repurchase up to an additional $100 million of Pacific Sunwear of California common stock in the open market from time to time as market conditions warrant. During fiscal 2005, under repurchase authorizations of $115 million, the Company repurchased an aggregate of 2,808,300 shares of Pacific Sunwear of California common stock at an average price of $23.37, for approximately $65.7 million. During fiscal 2006, under the same authorization, the Company repurchased 1,850,000 shares at an average price of $22.46, for approximately $41.6 million. The Company has approximately $8.3 million remaining under its previous stock repurchase program.
O2Micro International Limited
O2Micro Granted CCFL/EEFL Inverter Patent
GEORGE TOWN, Grand Cayman, May 18, 2006 (PRIMEZONE) -- O2Micro(r) International Limited (NASDAQ:OIIM) (HKSE:0457), a leading supplier of innovative power management, and security components and systems for the Computer, Consumer, Industrial, and Communications markets, was issued 18 claims under United States patent number 7,026,860 for its Compensated Self-Biasing Current Generator topology.
Riverbed Steelhead Appliance to be Showcased at Fusion 2006: QLogic Worldwide Partner Conference
SAN FRANCISCO and ALISO VIEJO, Calif., May 18, 2006 (PRIMEZONE) -- Riverbed Technology, Inc. and QLogic(R) Corp. (Nasdaq:QLGC) today announced that QLogic will showcase Riverbed's Steelhead(R) appliance product family at Fusion 2006: QLogic Worldwide Partner Conference. The two companies also announced that the Steelhead appliance product family is fully interoperable with QLogic SANblade(R) host bus adapters (HBAs), SANbox(R) switches, SANbox intelligent storage routers and SANbox storage services platforms. From datacenter to branch office, Riverbed(R) and QLogic are combining application acceleration with end-to-end storage networking to provide IT professionals with an intelligent platform on which to deliver high levels of application performance.
NorthStar Realty Finance Corp.
NorthStar Realty Finance Prices Offering of Common Stock
NEW YORK, May 18, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) announced today that it has priced its public offering of 10 million shares of its common stock at $10.60 per share. The underwriters of the offering have been granted a 30-day option to purchase up to 1,528,616 additional shares of common stock from the company to cover any over-allotments. A selling stockholder unaffiliated with the Company will sell an additional 190,778 shares of common stock in the offering.
Motorola Sell Rating from DonHarrold.net
SHREVEPORT, La., May 18, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Motorola Inc (NYSE:MOT), Boston Scientific Corp (NYSE:BSX), JetBlue Airways Corp (Nasdaq:JBLU), and Verizon Communications (NYSE:VZ).
Nortel Sell Rating From DonHarrold.net
SHREVEPORT, La., May 18, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Nortel Networks Holding (NYSE:NT), Ebay Inc (Nasdaq:EBAY), Atmel Corp (Nasdaq:ATML), and Schlumberger Ltd (NYSE:SLB).