latest news releases from the newsroom
Atlas Copco Acquires U.S. Based Tightening Specialist
STOCKHOLM, Sweden, Feb. 11, 2005 (PRIMEZONE) -- Atlas Copco-owned Chicago Pneumatic Tool Company has today signed an agreement to acquire the assets of GSE tech-motive tool from SPX Corporation. GSE tech-motive tool has annual sales of approximately MUSD 24 (MSEK 170) and 82 employees and contract workers. The purchase price was not disclosed.
Emcore Announces New Small Form Factor 10GbE LX4 Module
SOMERSET, N.J., Feb. 11, 2005 (PRIMEZONE) -- EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and wireless communications markets, today announced that it has released a small form factor version of its successful 10GBASE-LX4 (LX4) module, used in 10Gigabit Ethernet (10GbE) applications. The new reduced size X2 module is roughly half the size of the XENPAK unit and supports topside mounting on the host PCB. This module continues to fully support the 10GbE, IEEE 802.3ae-2002 standard.
Harsco Corporation to Present February 15th at the CSFB HOLT Advisor Small & Mid-Cap Forum
HARRISBURG, Pa., Feb. 11, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) said today that Company management will be presenting at the CSFB HOLT Advisor Small & Mid-Cap Forum in Philadelphia on Tuesday, February 15th. Harsco's Senior Vice President, CFO and Treasurer, Salvatore Fazzolari and Director of Investor Relations, Eugene Truett will discuss Harsco's worldwide businesses and growth strategies. A copy of the presentation slides will be posted to the Harsco website on the morning of the presentation, at www.harsco.com.
Capital Research Group, Inc
TheSUBWAY.com Announces its Stock Market Standouts List for Friday, February 11, 2005: OBDP, KLAC, NVDA, SEBL
WESTON, Fla., Feb. 11, 2005 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Market Standouts List: Orbit Drop Inc. (Pink Sheets:OBDP), KLA-Tencor Corporation (Nasdaq:KLAC), NVIDIA Corporation (Nasdaq:NVDA), Siebel Systems Inc. (Nasdaq:SEBL).
Capital Research Group, Inc
Early Stock Market Alerts for Friday, February 11, 2005: OBDP, SANM, EBAY, COMS
WESTON, Fla., Feb. 11, 2005 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Alerts List: Orbit Drop Inc. (Pink Sheets:OBDP), Sanmina SCI Corporation (Nasdaq:SANM), eBay Inc. (Nasdaq:EBAY), 3Com Corporation (Nasdaq:COMS).
Powerwave Technologies Announces Leadership Succession
SANTA ANA, Calif., Feb. 11, 2005 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) today announced that its Board of Directors has unanimously approved a succession plan that will ensure continued strong leadership at Powerwave in the years ahead. Ronald Buschur, President and Chief Operating Officer of Powerwave, today becomes President and Chief Executive Officer of Powerwave and a member of the Board of Directors. Ron joined Powerwave in 2001 as Chief Operating Officer. Bruce C. Edwards, who has been Powerwave's Chief Executive Officer since 1996, now becomes Executive Chairman of the Board. John Clendenin, who joined Powerwave's Board of Directors in May 1998 and has been non-executive Chairman of the Board since January 1999, will become Lead Director. Dag Tigerschiold is stepping down as a Director of Powerwave and Ron will be assuming his role as a Director of Powerwave.
Current Capital Spotlights Stocks to Watch for Friday, February 11, 2005: BNTNF, UPL, IOC
TORONTO, Feb. 11, 2005 (PRIMEZONE) -- Current Capital's spotlight stock is Bontan Corporation (OTCBB:BNTNF). Bontan Corp. recently announced that its wholly-owned subsidiary, Bontan Oil & Gas Corporation entered into an agreement with a private investor group in the United States to acquire a 49% gross working interest in a gas exploration project in the prolific natural gas producing State of Louisiana. Bontan announced that management recently met with the contractors to evaluate the status of the gas exploration project. Further details on this play are sure to be imminent as it relates to the project and its investing partners! Bontan also has an Indirect Participation Interest of 0.75% in the world's largest onshore oil exploration program in Papua New Guinea being undertaken by InterOil Corporation (AMEX:IOC) an international integrated energy company. InterOil recently announced its intent to commence its next well in its multi-well drilling program by the end of the first quarter of 2005. This well is on the Black Bass Prospect in Petroleum Prospecting License (PPL) 236 in Papua New Guinea.
Telatinos Inc. Completes 6:5 Forward Split
MIAMI, Feb. 11, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLNO), a Latin American VoIP and communication service provider, today announced the Company has completed its forward split of six common shares for five. The company's new trading symbol is TLNO.