latest news releases from the newsroom
Roberts Realty Investors, Inc.
Roberts Realty Investors, Inc. Closes $37,250,000 Sale of Ballantyne Place Apartment Community
ATLANTA, June 1, 2005 (PRIMEZONE) -- Roberts Realty Investors, Inc. (AMEX:RPI) announces it sold its 319-unit Ballantyne Place apartment community located in Charlotte, North Carolina to Post Properties, Inc. (NYSE:PPS). The sales price was $37,250,000, with the buyer paying an additional $690,000 to reimburse the company for a previously paid loan commitment fee, resulting in a total price of $37,940,000 or $118,934 per apartment unit. Mr. Charles S. Roberts, the company's President and CEO, stated:"To the best of my knowledge, this is a record price for suburban garden apartments in Charlotte."
The Ensemble Theatre
The Ensemble Theatre Announces New 2005/2006 Season -- 'A Season of Brilliance'
HOUSTON, June 1, 2005 (PRIMEZONE) -- The Ensemble Theatre (TET) proudly announces its new 2005-2006 Season, "A Season of Brilliance." The new Season will present and offer diverse theatrical works-from classic to contemporary dramas, musicals and satiric comedy; and will reflect intensely human dramas, vivid and heartfelt stories of triumph over odds, and the transcendent and radiant power of African American music from "Gospel to R&B."
Ramp Announces Receipt of Delisting Letter from the American Stock Exchange
NEW YORK, June 1, 2005 (PRIMEZONE) -- Ramp Corporation (Amex:RCO) today announced that on May 26, 2005, the Company received a letter from the American Stock Exchange ("AMEX") advising the Company that as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2005 as well as the defective status of the Company's Annual Reports on Form 10-K for the years ended December 31, 2004 and December 31, 2003 (resulting from the Company's former auditors informing the Company that the audit reports in respect thereof can no longer be relied upon), the Company is in violation of Sections 134, 1101 and 1003(d) of the continued listing standards set forth in Part 10 of the AMEX Company Guide. The letter stated that the Company must submit a revised plan of compliance by June 2, 2005, advising AMEX of the action it has taken, or will take, that would bring the Company into compliance, by no later than July 11, 2005, with the aforementioned Sections of the AMEX Company Guide.
Parker Waichman Alonso LLP
Parker & Waichman, LLP Receives Hundreds of Inquiries from Viagra Users Claiming Impaired Vision; Firm to File Lawsuits in Coming Weeks
NEW YORK, June 1, 2005 (PRIMEZONE) -- For the past 6 months, Parker & Waichman, LLP (www.yourlawyer.com) has been contacted by prospective clients who claim to have suffered loss of vision as a result of using the erectile dysfunction drug Viagra (sildenafil citrate). Last week, the FDA announced that it is investigating a link between erectile dysfunction drugs and NAION - nonarteritic anterior ischemic optic neuropathy - which can cause blindness. Parker & Waichman, LLP has also received a significant number of inquiries from Cialis and Levitra users who claim to have suffered vision loss after using those drugs. Viagra, Cialis and Levitra patients can learn more by visiting http://www.yourlawyer.com/practice/overview.htm?topic=Viagra.
Satelinx International Inc.
Satelinx Customers Now Receive Up to 40 Percent Premium Discount from Seven Leading Insurance Firms
MONTREAL, June 1, 2005 (PRIMEZONE) -- Satelinx International Inc. (Pink Sheets:SLXI), a global provider of satellite vehicle tracking services, announced today that it now has a total of seven of the country's leading insurance companies providing premium discounts to customers opting for the Satelinx Tracking Device. The insurance approved Satelinx Tracking unit is one of the most efficient antitheft devices on the market providing truly value added driver and vehicle safety to its customer base.