latest news releases from the newsroom
Ruby Mining Company
Ruby Mining Company Sails to Site of Shipwreck
ATLANTA, March 31, 2005 (PRIMEZONE) -- Ruby Mining Company (OTCBB:RUBM), conducting operations through its subsidiary, Admiralty Corporation (Admiralty), announced today that its ship, the New World Legacy, is scheduled to depart from Port Royal Jamaica tomorrow to the site of the shipwreck that it recently arrested. When on site, the area to be investigated will be filmed and documented. Upon arrival, a more complete examination will be initiated to better map areas of interest.
Telelogic Signs 1,366,000 EUR Contract with Leading Global Aerospace/Defense Company
MALMO, Sweden, March 31, 2005 (PRIMEZONE) -- Telelogic, (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced it has signed a six year 1,366,000 EUR license, maintenance and professional services agreement with a leading global aerospace/defense systems integrator. A minor part of the contract value is related to professional services.
Mediware Information Systems, Inc.
Mediware Reports Summary Judgment Against Global Med, Global Med to Pay Significant Fees and Costs
LENEXA, Kan., March 31, 2005 (PRIMEZONE) -- Mediware Information Systems, Inc. (Nasdaq:MEDW) announced today that the Superior Court of El Dorado County California ordered Global Med Technologies, Inc. (OTCBB:GLOB) and its affiliate People Med, Inc., to pay approximately $670,000 in an award arising from a summary judgment entered in favor of a Mediware employee in October 2004. The court preliminarily notified the parties that Global Med and People Med would be required to pay the fees on March 9, 2005, and finalized the order on March 30, 2005. The awarded funds will be used to reimburse Mediware for amounts previously spent in defending the lawsuit brought by Global Med and People Med in 2002.
Universal Stainless & Alloy Products, Inc.
Universal Stainless Announces Base Price Increases Effective April 18th
BRIDGEVILLE, Pa., March 31, 2005 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced base price increases on all round, square, flat and hexagon bar products as well as on all semi-finished ingot and billet products manufactured at its Bridgeville, PA and Dunkirk, NY facilities. The increases are 4% on all air melted products mentioned above, 6% on stainless steel remelted grades, and 8% on high strength low alloy remelted grades. They are effective with shipments scheduled for April 18th.
SMS.ac and Wireless Wonk Survey Probes TV Services Coming to Mobile Phones
SAN DIEGO and WASHINGTON, D.C., March 31, 2005 (PRIMEZONE) -- As mobile phones continue their metamorphosis into everything-in-one wireless devices, how will consumers respond to TV services, as they become available? This week, SMS.ac, Inc. (www.sms.ac/corporate) partnered with ForceNine Consulting and The Wireless Wonk to probe that question, utilizing the largest community of mobile phone users in the world as a test group (www.sms.ac).
Sandvik AB Effects of Transition to International Financial Reporting Standards (IFRS)
SANDVIKEN, Sweden, March 31, 2005 (PRIMEZONE) -- As of 1 January 2005, Sandvik is applying the International Financial Reporting Standards (IFRS). In this document, the comparative figures from 1 January 2004 have been restated from the accounting principles applied previously, "Swedish GAAP," to IFRS. The interim report for the first quarter of 2005 will be the first financial report that Sandvik provides in accordance with IFRS.
FTS Wireless, Inc.
FTS Secures New Location Targeting Hispanic Wireless Users
TAMPA, Fla., March 31, 2005 (PRIMEZONE) -- FTS Wireless, Inc., a subsidiary of FTS Group, Inc. (OTCBB:FLIP), an operator of retail wireless locations that market and sell next-generation wireless products and services and operates Wi-Fi Hot Spots, today announced that it has secured a new retail wireless location in the Tampa, Florida market.
31E Cellular, Corp.
31E Cellular Ltd. Announces Return to Profit
CALGARY, Alberta, March 31, 2005 (PRIMEZONE) -- 31E Cellular, Ltd. (Pink Sheets:VGTV) a Nevada Corporation is pleased to announce a return to profit as of March 2005. This follows a period of investment and expansion, which saw the company move into 250% larger premises and increase its sales force by 30%.
MIV Therapeutics, Inc.
MIV Therapeutics Builds Strength of Drug-Delivery Technologies Program with Appointment of Dr. Dean-Mo Lui as Chief Scientist
VANCOUVER, British Columbia, March 31, 2005 (PRIMEZONE) -- MIV Therapeutics, Inc. (OTCBB:MIVT) a developer of next-generation biocompatible stent coatings and drug delivery technologies, today announced the addition of Dr. Dean-Mo Liu, Ph.D., to the post of Chief Scientist, Drug Delivery Technologies. The announcement was made by Alan Lindsay, Chairman and CEO of MIVT.
Crucell N.V.: Staf Van Reet to lead Galapagos Corporate Development
LEIDEN, The Netherlands, March 31, 2005 (PRIMEZONE) -- Galapagos, a genomics-based drug discovery company, announces that it has appointed Staf Van Reet as VP Corporate Development. Dr. Van Reet will be responsible for in-licensing (pre-)clinical compounds and building a clinical development team at Galapagos. With this appointment, Galapagos further enhances its drug discovery operations, which are predominantly aimed at developing breakthrough medicines for the bone and joint diseases -- osteoarthritis, osteoporosis and rheumatoid arthritis."We are very pleased to welcome Staf Van Reet on board during this exciting time for Galapagos," commented Onno van de Stolpe, CEO of Galapagos. "Staf's many years of experience in the successful discovery and development of medicines will be a valuable asset in furthering Galapagos' drug discovery activities and in building a first class clinical development program."