latest news releases from the newsroom
Security Financing Services, Inc.
Security Financing Services Receives $2M Offer to Sell Alarm Monitoring Contracts
HOUSTON, Sept. 18, 2007 (PRIME NEWSWIRE) -- Security Financing Services, Inc. (Pink Sheets:SCYF), provider of sophisticated, IP and physical security convergence solutions, announced today that it has received a letter of intent to sell up to 2,000 security alarm monitoring accounts held by the recently acquired SCYF subsidiary, Sweetwater Security Systems. The unsolicited offer, from a Fortune 100-funded private investment company, provides for the sale of up to 2,000 accounts and values the contracts at more than $2 million.
AgFeed Industries, Inc.
AgFeed Industries Signs Feed Supply Agreement to Supply Shanghai Hog Farm Producing 300,000 Hogs Annually -- AgFeed Provides Quality Feed Solutions Addressing China's Pork Shortage Problems
SHANGHAI, China, Sept. 18, 2007 (PRIME NEWSWIRE) -- AgFeed Industries, Inc. (Nasdaq:FEED) (website: www.agfeedinc.com), a leader in China's premix animal nutrition industry, today announced that AgFeed has signed a premix feed supply agreement with Shanghai Fenghai Enterprises, one of the largest Shanghai hog farm conglomerates to supply premix feed for the client's annual hog production of 300,000 hogs.
Foundry Networks, Inc.
Foundry Strengthens One of the United States' Most Traveled and Historic Border Crossings
SANTA CLARA, Calif. and LEWISTON, N.Y., Sept. 18, 2007 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced the Niagara Falls Bridge Commission (NFBC), a joint U.S. and Canadian agency, installed Foundry's BigIron(r) RX backbone switches, FastIron(r) family of Power over Ethernet (PoE) switches, IronPoint(tm) wireless, IronView(r) Network Manager (INM) software, as well as Lancope's StealthWatch(tm) Network Behavior Analysis (NBA) and response solution and Lockdown's Enforcer(tm) Network Access Control (NAC) solution, for a comprehensive end-to-end networking solution to secure and manage three highly traveled border crossings in the Niagara Falls area. The converged network, running on Foundry's networking and wireless hardware, transports on-demand data, voice and video throughout their operations providing the NFBC and travelers with critical communication and advanced physical security.
Northrop Grumman Corp.
Northrop Grumman Demonstrates Advanced Targeting Information Transfer
ROLLING MEADOWS, Ill., Sept. 18, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) successfully demonstrated an advanced targeting data link using the Defense Advanced Research Project Agency's (DARPA) Quint Network Technology (QNT). This achievement was accomplished as part of a cooperative effort between the U.S. Air Force's (USAF) Electronics System Center (ESC), DARPA, Northrop Grumman and Rockwell Collins.
QLogic First to Demonstrate 8Gb Fibre Channel HBAs With PCI Express 2.0 At Intel Developer Forum
SAN FRANCISCO, Sept. 18, 2007 (PRIME NEWSWIRE) -- Intel Developer Forum -- QLogic Corp. (Nasdaq:QLGC), a leader in networking for storage and high performance computing, today announced it is the first company to demonstrate PCI Express 2.0 functionality with its 8Gb Fibre Channel HBAs running on the Intel "Stoakley" platform. The Stoakley platform features PCI Express 2.0, a new bus for workstations and servers with the bandwidth to support high speed I/O like 8Gb Fibre Channel. The powerful combination of SANblade 2500 Series Fibre Channel HBAs installed in workstations and servers equipped with PCI Express 2.0 slots will reduce backup time, accelerate disk-to-disk replication and speed-up the transfer of rich media such as video.
Avigen to Present At UBS Global Life Sciences Conference
ALAMEDA, Calif., Sept. 18, 2007 (PRIME NEWSWIRE) -- Avigen, Inc. (Nasdaq:AVGN) a biopharmaceutical company innovating therapeutics for chronic neurological care, announced today that President and CEO Kenneth Chahine will present information on Avigen's development programs and product pipeline at the UBS 2007 Global Life Sciences Conference. Dr. Chahine will present on Tuesday, September 25, 2007, from 10:00 to 10:25 a.m. EDT at the Grand Hyatt Hotel in New York City.