latest news releases from the newsroom
MEDirect Latino, Inc.
MEDirect Latino Inc. Achieves Record September Operating Results
PLANTATION, Fla., Oct. 10, 2005 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced record operating results for September, 2005 in gross billings, new patient shipments, call volume and average opening orders. MEDirect Latino reports gross billings of $304,621 during the month, a 109% increase over August billings of $145,984, while maintaining gross product profit margins of 74% during the period. During the month, the Company's media campaign produced qualified patient intake call volume of 3,772 calls, an increase of 93% over August. Total patient orders for September numbered 3,108, which included 1,304 new patient shipments, and an additional 1,804 patients approved, but pending shipment for regulatory processing. MEDirect Latino expects to monetize its approved/on-hold patients in October, which is typical for the industry model. The Company's closing ratio during August was 82% of the total qualified responses received from the media campaign. New patient shipments in September increased 104% over new patient shipments in August.
RV Wireless, Inc.
Connectifi, Inc. Signs Key Customer and Solidifies Position as Leading Provider of Nationwide Wireless Internet Connectivity to RVers
SCOTTSDALE, Ariz., Oct. 10, 2005 (PRIMEZONE) -- RV Wireless, Inc. (Pink Sheets:RVWS) announced that Connectifi, Inc. solidified its position as the #1 provider of nationwide, high-speed wireless Internet access to Recreational Vehicle resorts and RV enthusiasts in North America by signing another key customer, Pueblo El Mirage Golf and RV Resort. RV Wireless, Connectifi's major stakeholder, is dedicated to delivering wireless Internet connectivity to this growing market niche.
Patient Safety Technologies, Inc.
Patient Safety Technologies' Affiliate to Merge
SANTA MONICA, Calif., Oct. 10, 2005 (PRIMEZONE) -- Patient Safety Technologies' (AMEX:PST) affiliate Digicorp (OTCBB:DGCO) announced last week that it has entered into a Letter of Intent to acquire Rebel Crew Films, Inc., a Los Angeles-based film licensing and distribution company, owned and founded by Jay Rifkin and Cesar Chatel. As detailed in an 8-K filed on October 5, Rifkin will assume the role of Chairman and CEO upon completion of the acquisition. In the meantime, he will serve as Interim President and report to CFO William B. Horne, who, as of September 30, 2005, has replaced Milton "Todd" Ault III as Chairman and CEO of the Company. Mr. Ault is the Chairman and CEO of PST, Digicorp's largest shareholder.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Tempur-Pedic International, Inc. -- TPX
HARTFORD, Conn., Oct. 10, 2005 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Eastern District of Kentucky on behalf of all persons who purchased the publicly traded securities of Tempur-Pedic International, Inc. (NYSE:TPX) ("Tempur-Pedic") between April 22, 2005 and September 19, 2005 (the "Class Period").