latest news releases from the newsroom
Ocwen Financial Corp.
Ocwen Technology Xchange Licenses REALServicing in Multi-Year Agreement
WEST PALM BEACH, Fla., May 5, 2004 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) announced today that OTX entered into a multi-year agreement with Aegis Mortgage Corporation to license OTX's state of the art residential mortgage servicing system, REALServicing(r). REALServicing is a proven, integrated mortgage servicing solution including resolution management.
Go-today.com Offers a 7-Night Switzerland by Rail Package from Only $1199
BOTHELL, Wash., May 5, 2004 (PRIMEZONE) -- Experience the three most spectacular Alpine train rides in Switzerland on this unforgettable go-today.com vacation. This Switzerland by Rail package includes overnight stays in the Swiss cities of Lucerne, Lugano, St. Moritz, Zermatt and Geneva. Since these rides are very popular, it is essential to book as early as possible to secure your trip. (Purchase deadline is May 20, 2004.)
Global Debit Cash Card Inc.
Global Debit Cash Card Receives Initial Debit Card Order
MONTVALE, N.J., May 5, 2004 (PRIMEZONE) -- Global Debit Cash Card Inc. (Pink Sheets:GLCD) has received an initial order from Micronet Networking Inc. for 7,500 pre-paid, private label cash cards for the Portuguese market in the United States and Canada. The $125,000 order marks the first coordinated effort between Global and Micronet Networking Inc. in niche ethnic marketing.
Coastal Holdings, Inc.
Coastal Holdings, Inc. Acquires Major Stake in Vetdermal Systems Limited
HOUSTON, May 5, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) is pleased to announce the acquisition of a major stake in Vetdermal Systems Limited, an England-based company that is developing an innovative drug delivery system for animals. Vetdermal's novel drug dosage system is based on a unique technology platform originally developed in Israel. The company is planning drug trials in the coming months with strategic partners in the industry.
CALAMOS Asset Management, Inc.
CALAMOS Strategic Total Return Fund (CSQ) Announces Initial Dividend
NAPERVILLE, Ill., May 5, 2004 (PRIMEZONE) -- CALAMOS Strategic Total Return Fund (NYSE:CSQ) (Cusip No.: 128125 10 1) announced today the declaration of a dividend distribution of $0.075 per share, payable on June 23, 2004, to shareholders of record on June 11, 2004. Assuming the foregoing, the ex-dividend date should be June 9, 2004. The dividend equates to a current annualized yield of 6.00%(1) based on the Fund's initial offering price of $15.00 market price per share. Past performance is no guarantee of future results.