latest news releases from the newsroom
Illinois Betting Favorite, but Hope is Not Lost for the Knights
MONTREAL, March 15, 2005 (PRIMEZONE) -- The NCAA Tournament brackets have been released, and March Madness has hit college basketball courts around the country. Water cooler bookies log bets from office workers, Las Vegas sportsbooks race to create betting propositions, and online gamblers browse their favorite Internet site eager to place their bets. From college dorm rooms to busy call centers located in Canada, Costa Rica and Antigua, sports bettors and the gaming industry alike are ready for action.
Wavestream Corporation Appoints Gary Echo to Vice President of Business Development
SAN DIMAS, Calif., March 15, 2005 (PRIMEZONE) -- Wavestream Corporation (www.wavestreamcorp.com), a provider of innovative power amplifier solutions for today's complex communications and sensing systems, announced the appointment of Gary Echo to vice president of business development. This appointment further strengthens the company's management team and fuels its drive into the military and commercial satellite communications industries.
Lantronix to Present at 2005 B. Riley & Co. Annual Investor Conference
IRVINE, Calif., March 15, 2005 (PRIMEZONE) -- Lantronix (Nasdaq:LTRX) today announced that the company management will make a presentation at the 2005 B. Riley & Co. Annual Investor Conference at the Venetian Resort Hotel & Casino in Las Vegas, Nevada on Thursday, March 17, 2005 at approximately 2:55PM Pacific Time. The conference provides an opportunity for management to address investors and other interested persons.
Stratus Services Group, Inc.
Stratus Services Group, Inc. Announces Acquisition of Three Offices of TeamoOne Personnel Solutions, LLC in Northern California
MANALAPAN, N.J., March 15, 2005 (PRIMEZONE) -- Stratus Services Group, Inc., the SMARTSolutions(tm) Company (OTCBB:SSVG), announced today that it executed on March 2, 2005 an Asset Purchase Agreement, effective March 7, 2005, to purchase the clerical and light industrial staffing business of three (3) offices of TeamOne Personnel Solutions, LLC ("TeamOne"). The purchase covered the assets of TeamOne's branch offices in Napa, California, Cotati, California and Fairfield, California.
Oakley Board Authorizes Repurchase of Up to $20 Million of Common Stock
FOOTHILL RANCH, Calif., March 15, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced its Board of Directors has authorized the repurchase of up to an additional $20 million of its common stock in the open market from time to time as market conditions warrant. Since 1996, the company has bought 6,090,700 shares of its common stock for approximately $60.0 million. Subject to market conditions, the company expects to complete in the second quarter of this year the balance of the Board's most recent $20 million repurchase program, which was authorized in September 2002.
Modern Spirits LLC
Modern Spirits Launches Seven Vodkas to Pair with Food
LOS ANGELES, March 15, 2005 (PRIMEZONE) -- Southern California-based Modern Spirits today announced the addition of seven flavors to its line of hand-made, naturally-infused vodkas. The new line features unusual and complex flavors, such as Black Truffle and Celery Peppercorn, and posses a rounder mouthfeel, which sets it apart from the current crop of sharp- and artificial-tasting flavored vodkas. Modern Spirits vodkas also impart little, if any burn, which allows drinkers to enjoy them with food as they would certain wines.