latest news releases from the newsroom
First Horizon National Corporation
Larry Martin to Retire from First Tennessee Bank after 37-Year Career
MEMPHIS, Tenn., April 3, 2006 (PRIMEZONE) -- Larry Martin, chief operating officer for First Tennessee Bank's financial services group, will retire June 30, 2006, following a successful 37-year career in banking. In his current role with First Tennessee, a division of Memphis-based First Horizon National Corp. (NYSE:FHN), Martin holds responsibility for all Tennessee regional banking markets, merchant services processing, Hickory Venture Capital, Synaxis Group and the commercial, corporate and middle market divisions.
Renewable Energy Resources, Inc.
Internal Hydro Receives Due Diligence Package From EFTI/WESCO under LOI; Further Opportunities Explored For Technology
TAMPA, Fla., April 3, 2006 (PRIMEZONE) -- Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces that it has received the first scheduled materials concerning due diligence of the CAVD technology purchase from EFTI's subsidiary division WESCO. As part of the due diligence agreement and schedule, IHDR has received the first scheduled installment under the terms of the LOI. The first portion being the intellectual property, patent materials, and cost verifications for the Mobile, Alabama CAVD prototype facility. EFTI's recent release that the WESCO division would be moved from EFTI will have no effect on the timeline or actions under the LOI. IHDR is satisfied with the materials provided thus far and each party is committed to not only carrying on the timeline, but exploring ways to expand the relationship and agreement.