latest news releases from the newsroom
Market Pulse Special Situation Alerts for Friday, February 18, 2005: NIHK- Emerging Growth Situation!
ATLANTA, Feb. 18, 2005 (PRIMEZONE) -- Market Pulse is pleased to introduce our featured stock, Nighthawk Systems Inc. (OTCBB:NIHK), to the investment community! Nighthawk Systems is new to Market Pulse and is a leading provider of intelligent wireless power recycling products! NIHK had excellent news out after the bell on Thursday regarding the announcing of sales to Minnesota utilities! Investors should be keeping a close eye on this one! Other notable stocks that look great lately from a fundamental and technical perspective include:
Discovery Laboratories, Inc.
Discovery Labs to Raise $26.5 Million in Registered Direct Offering
WARRINGTON, Pa., Feb. 18, 2005 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), has obtained commitments to purchase approximately $26.5 million of its common stock in a registered direct offering. Under the terms of the transaction, Discovery will sell approximately 4.6 million shares of its common stock to a select group of institutional investors. The closing of the offering is expected to take place on February 24, 2005, subject to the satisfaction of customary closing conditions. All of the shares of common stock are being offered by Discovery pursuant to an effective registration statement previously filed with the Securities and Exchange Commission. SG Cowen & Co., LLC acted as exclusive placement agent for the transaction.
Emcore Introduces Components for Passive Optical Networks and Ethernet in the First Mile Systems
SOMERSET, N.J., Feb. 18, 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 family of component devices for Passive Optical Network, Ethernet in the First Mile, and Fiber to the Premise applications. These advanced Distributed Feedback Laser (DFB) and Avalanche Photodiode (APD) devices will be integrated into products deployed in Ethernet Passive Optical Networks (EPON), Gigabit Passive Optical Networks (GPON), Gigabit Ethernet Passive Optical Networks (GEPON) and Broadband Passive Optical Networks (BPON). These advanced components add to Emcore's strong market position as a leading semiconductor laser and photodiode supplier.
Lantronix to Present at Roth Capital Partners 17th Annual 2005 Growth Stock Conference
IRVINE, Calif., Feb. 18, 2005 (PRIMEZONE) -- Lantronix (Nasdaq:LTRX) today announced that the company management will make a presentation at the Roth Capital Partners 17th Annual Growth Stock Conference at the St. Regis Monarch Beach Resort and Spa in Dana Point, California on Wednesday, February 23, 2005 at approximately 11:00AM Pacific Time. The conference provides an opportunity for management to address investors and other interested persons.
U.S. BioDefense Cordially Invited by Canadian Consulate to Attend the Internationalizing Early-Stage Clinical Drug Research & Development Conference
CITY OF INDUSTRY, Calif., Feb. 18, 2005 (PRIMEZONE) -- U.S. BioDefense, Inc. (OTCBB:UBDE) announces that they will be attending the Internationalizing Early-Stage Clinical Drug Research & Development Conference, being hosted at The Stadium Club at Dodger Stadium in Los Angeles, CA on Thursday, March 3rd, 2004. Panelists (http://www.losangeles.gc.ca/) include Mr. David Mee of Amgen (Nasdaq:AMGN), Dr. Bruce Morimoto of MDS Pharma Services, and Dr. Jim Gallivan of Health Canada.
Haldex wins Large Compressor Business
STOCKHOLM, Sweden, Feb. 18, 2005 (PRIMEZONE) -- Haldex Air Management Division (a part of the Commercial Vehicle Systems business area) has signed a contract with a major global diesel engine manufacturer to supply truck brake system air compressors for their North American production. Deliveries are planned to begin late in 2005 and the order value is estimated to exceed 500 MSEK ($75 m.) over the life of the contract.