latest news releases from the newsroom
Sierra Wireless, Inc. Investors May Seek Appointment as Lead Plaintiff -- SWIR
NEW YORK, Feb. 16, 2005 (PRIMEZONE) -- According to Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com), which has filed a lawsuit against Sierra Wireless, Inc. ("Sierra" or the "Company") (Nasdaq:SWIR) and certain of its officers and directors, on behalf of purchasers of the common stock of Sierra during the period from January 28, 2004 to January 26, 2005, inclusive (the "Class Period"), investors have until April 4, 2005 to seek appointment by the Court as one of the lead plaintiffs in the action.
Electronic Control Security Inc.
ECSI President to Speak at International Port Conference in Alexandria, Egypt
CLIFTON, N.J., Feb. 16, 2005 (PRIMEZONE) -- Electronic Control Security, Inc. (OTCBB:EKCS), a leading provider of electronic security systems to the government, defense, and private sectors, today announced its President & CEO, Arthur Barchenko will address the 21st International Port Conference in Alexandria, Egypt on February 21st. The conference, which runs from February 20th to the 22nd, is titled "Sea Ports: Challenges & Future Prospects" and attracts an international representation including Africa.
Walla Walla, WA Goes Electronic: Walla Walla Board of REALTORS Includes ZipForm as a Member Benefit
CLINTON TOWNSHIP, Mich., Feb. 16, 2005 (PRIMEZONE) -- With a presence in 40 states and forms available to more than 730,000 REALTORS(r) nationwide, it's clear that associations across the country recognize the value of ZipForm. The Walla Walla Board of REALTORS(r) is one of the latest associations to take advantage of electronic forms by partnering with the Official Forms Software of the National Association of REALTORS(r). Members of the Walla Walla Board of REALTORS(r) will now be able to receive and manage their forms electronically by using ZipForm's cutting-edge software.
Jaguar Resorts, Inc.
Jaguar Resorts Maps Out Budgets and Financial Plans for 2005 With Merchant Bank Affiliate Jag Capital
SAN ANTONIO, Feb. 16, 2005 (PRIMEZONE) -- Since Jaguar Resorts Inc. (Pink Sheets:JGRT) merger with Simmetech in mid 2004, Jag Capital, Inc, a merchant bank based in San Antonio, Texas, has been advising and providing funding for the company; primarily based on non-equity loans to take care of the financial needs of Jaguar Resorts. Jag Capital has had to pay for architects, attorneys, travel and general overhead expenses that Jaguar Resorts has incurred on a month-to-month basis. As a result of these necessary expenses and efforts, the company feels it is currently situated to take advantage of the work done in 2004.
Northrop Grumman Corp.
Northrop Grumman's Neil Siegel Elected to National Academy of Engineering
RESTON, Va., Feb. 16, 2005 (PRIMEZONE) -- Neil G. Siegel, a Northrop Grumman Corporation (NYSE:NOC) vice president and chief engineer, has been elected a member of the National Academy of Engineering, one of the highest professional honors accorded to engineers. The honor recognizes Siegel's "development and implementation of the digital battlefield, an integral part of U.S. Army operations."
Labaton Sucharow LLP
Goodkind Labaton Rudoff & Sucharow LLP Continues its Investigation of Career Education -- CECO
NEW YORK, Feb. 16, 2005 (PRIMEZONE) -- Goodkind Labaton Rudoff & Sucharow LLP, the Court designated lead counsel in a class action against Career Education Corp. ("Career Education" or the "Company") (Nasdaq:CECO) on behalf of purchasers of Career Education securities between January 8, 2003 and December 2, 2003, inclusive, (the "Class Period") announces that it is continuing its investigation of the Company. The lawsuit was filed against Career Education, John M. Larson and Patrick K. Pesch ("Defendants"). On February 11, 2005, the Hon. Judge Joan H. Lefkow granted Defendants' motion to dismiss the Amended Consolidated Complaint for failure to satisfy the pleading requirements. However, Plaintiffs have been given leave to file a second amended complaint, adding more specific and relevant information by March 11, 2005.
Five Sparrows LLC
New Online Michigan Business Directory Offers More for Less
HARTLAND, Mich., Feb. 16, 2005 (PRIMEZONE) -- Five Sparrows, LLC, today announced the launch of a new online web directory dedicated exclusively to promoting and supporting Michigan businesses. The Michigan Biz Directory is a new concept in web marketing that combines a technically sophisticated, professionally marketed web directory with online marketing initiatives such as online coupons. In addition, the directory helps support Michigan businesses by donating 10% of all listing fees back to local Chambers of Commerce.
Coverage of Acies Corporation Initiated by Barrow Street Research
NEW YORK, Feb. 16, 2005 (PRIMEZONE) -- Barrow Street Research, a pioneering online research firm, today reported that it has initiated coverage of Acies Corporation (OTCBB:ACIE), an emerging leader of electronic payment and transaction processing solutions, and electronic banking services, to small and medium size businesses. A full copy of the report is available at http://www.barrowstreet.com .
Chelsea Therapeutics Completes Reverse Merger With Ivory Capital
CHARLOTTE, N.C., Feb. 16, 2005 (PRIMEZONE) -- Chelsea Therapeutics, Inc., a biopharmaceutical development company that acquires and develops innovative products for the treatment of a variety of human diseases, announced today that it has completed its reverse merger with Ivory Capital Corporation (OTCBB:IVRC). Chelsea recently raised approximately $14.5 million in a private placement for which Paramount BioCapital, Inc. acted as placement agent. As a result, the merger with Ivory establishes a well-capitalized, publicly traded, biopharmaceutical company.