latest news releases from the newsroom
Image Sensing Systems, Inc.
Autoscope to be First Highway Incident Detection System in Slovenia
SAINT PAUL, Minn., Oct. 27, 2004 (PRIMEZONE) -- Image Sensing Systems, Inc. (ISS) (Nasdaq:ISNS) announced today that it has been awarded a contract, through its exclusive distributor Traffic Design, to supply over 30 Autoscope Solo(R) Pro video vehicle detection systems for a section of highway on A1 motorway in Slovenia. The highway connects Ljubljana to Trojane and passes over the highest bridge in Europe. This will be the first highway incident detection system in Slovenia.
ProtoKinetix Inc.: Worldwide Synthetic AFGP Patent Process Begins
VANCOUVER, British Columbia, Oct. 27, 2004 (PRIMEZONE) -- Dr. John Todd, president and CEO of ProtoKinetix, Inc. (OTCBB:PKTX), announces today that the Company's synthetic Anti-Freeze Glyco Proteins (AFGPs) are in the process of being patented world-wide in a series of intellectual property applications. These chemically modified structures are being synthesized in a stable form, ultimately yielding the same proven characteristics of natural AFGPs, which have been shown to improve the quality and shelf life of organs, cells, tissues and blood platelets. The Company believes that its new synthetic AFGPs will be a reliable source of such molecules and are expected to be available for additional applications soon.
Overseas Shipholding Group, Inc.
Third Quarter 2004 Earnings Results
NEW YORK, Oct. 27, 2004 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) reported record net income for the first nine months of 2004 of $190,113,000, or $4.87 per share, an increase of 90% compared with net income of $100,111,000, or $2.89 per share, for the first nine months of 2003. EBITDA for the first nine months rose to $415,405,000 from $250,297,000 in the first nine months of 2003.