latest news releases from the newsroom
WinSonic Digital Media Group, Ltd.
WinSonic Digital Media Group, Ltd. Announces the Appointment of Eric D. Young as Chief Operating and Financial Officer and a Director
ATLANTA, Nov. 7, 2005 (PRIMEZONE) -- Winston Johnson, Chairman and Chief Executive Officer of WinSonic Digital Media Group, Ltd. (Pink Sheets:WDMG) is pleased to announce the appointment of Eric D. Young as Chief Operating and Chief Financial Officer. Mr. Young worked closely with the company as a Senior Consultant and has played a key role in completing the annual audit and submission of the 10-KSB. "Eric Young's assistance during the audit process has been invaluable and places him in the unique position of having tremendous knowledge of the Company and its resources. With Eric, we have someone who can virtually eliminate the learning curve and provide a significant contribution immediately," said Mr. Johnson.
SimpleTech Announces Third Quarter 2005 Results
SANTA ANA, Calif., Nov. 7, 2005 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), a designer, manufacturer and marketer of custom and open-standard memory and storage solutions based on Flash memory, DRAM and hard disk drive technologies, today announced its financial results for the third quarter ended September 30, 2005.
Renewable Energy Resources, Inc.
IHDR's European Partner Forecasts $14 Million in Revenue Under Agreement
TAMPA, Fla., Nov. 7, 2005 (PRIMEZONE) -- Internal Hydro International, Inc. (OTCBB:IHDR), an alternative energy company that developed a clean energy hydrogen power system, announced today that their joint venture partner, Cm2, anticipates that sales in Italy and other parts of Europe will create revenue streams representing more than double that which is available in the domestic U.S. market. Under the agreement, and as forecast by Cm2, IHDR will receive a minimum revenue stream of $14,000,000 in the first eighteen months.
Cereplast Begins Trading Under Symbol CERP
HAWTHORNE, Calif., Nov. 7, 2005 (PRIMEZONE) -- Cereplast, Inc., (OTCBB:CERP) the provider of proprietary bio-based resins that are a substitute for petroleum based plastics, today announced that the company's shares have been approved for trading on the NASD's Over-the-Counter Bulletin Board market under the symbol CERP.
Flint Telecom Group, Inc.
Semotus Solutions Appoints Elite Financial Communications Group as Investor Relations Counsel
LOS GATOS, Calif., Nov. 7, 2005 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK) today announced that it has engaged Elite Financial Communications Group, LLC, a full-service, proactive financial communications, investor relations and strategic resourcing firm, to manage all aspects of its new investor relations program, including extensive communications and outreach to the investment community.
PricewaterhouseCoopers LLP, Hitachi Alliance to Deliver Enhanced XBRL Technology Solutions
NEW YORK, Nov. 7, 2005 (PRIMEZONE) -- PricewaterhouseCoopers LLP and Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., (NYSE:HIT) today announced a new strategic alliance, in which Hitachi's new XBRL 2.1 compliant tool, Xinba(tm), will be used to provide end users the capability to port XBRL business information directly into PwC TeamMate(tm), PricewaterhouseCoopers' audit management software, to support the audit and analysis process.
Robbins Umeda LLP
Proposed Micromuse Settlement Seeks to Extinguish Claims Upheld in State Court Action -- MUSE
SAN DIEGO, Nov. 7, 2005 (PRIMEZONE) -- A notice of the proposed settlement of a shareholder derivative lawsuit brought in federal court on behalf of Micromuse, Inc. (Nasdaq:MUSE) ("Micromuse") (the "Federal Lawsuit") was recently sent to the shareholders of Micromuse. Approval of the proposed settlement of the Federal Lawsuit may affect important rights of Micromuse and Micromuse shareholders including extinguishing any potential right to recover $189 million in insider trading proceeds on behalf of Micromuse. If you are a shareholder of Micromuse stock and wish to object to the proposed settlement, the notice of the proposed settlement requires you to do so by November 15, 2005.
SYSCO Announces Executive Appointments
HOUSTON, Nov. 7, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY) announced today that Richard E. Abbey and James M. Worrall have been appointed assistant vice presidents, contract sales. Both appointments are effective January 1, 2006. The company also announced that David B. Smallwood, a 25-year SYSCO veteran and currently vice president of multi-unit sales, will retire from the company effective January 1, 2006.