latest news releases from the newsroom
Oriens Travel & Hotel Management Corp.
Oriens to be Featured in Spirit Airline In-Flight Magazine
LAS VEGAS, Jan. 15, 2008 (PRIME NEWSWIRE) -- Oriens Travel & Hotel Management Corp. ("Oriens") (Pink Sheets:OTHM) (http://www.orienscorp.com), a Travel and Hotel Management Company, operating the online travel site, 128trip (www.128trip.com) and hotel management subsidiary, Hotel PURE (www.HotelPure.com), is pleased to announce the Company is to feature its Hotel PURE properties in Spirit Airline in-flight magazines starting in the March-April edition.
Optium Transitions to Production On 40Gb/s DPSK and 40Gb/s Small Form Factor NRZ Transceivers
HORSHAM, Pa., Jan. 15, 2008 (PRIME NEWSWIRE) -- Optium Corporation (Nasdaq:OPTM), a leading supplier of high-performance optical subsystems, today announced the transition of two additional 40Gb/s solutions to production during Optium's second fiscal quarter ending February 2, 2008. Optium's new 40Gb/s DPSK 300 pin transceiver and 40Gb/s small form factor NRZ 300 pin transceiver each began shipping to customers in early December 2007 as part of Optium's fiscal 2008 ramp of its 40Gb/s product line. Optium's full line of 40Gb/s transceiver products will be on display at the Fiber Optics Exposition in Tokyo, Japan, January 16-18, 2008.
Aastrom Biosciences, Inc.
Aastrom Announces First Patient Treatment With Autologous Stem Cell Therapy for Heart Failure
ANN ARBOR, Mich., Jan. 15, 2008 (PRIME NEWSWIRE) -- Aastrom Biosciences, Inc. (Nasdaq:ASTM), a leading regenerative medicine company, today announced that the first patient has been treated with the Company's autologous stem cell therapy for dilated cardiomyopathy (DCM). The milestone marks the first human application of Aastrom's Cardiac Repair Cell (CRC) product to regenerate damaged heart tissue in patients with severely impaired cardiac function.
Legacy Reserves LP
Legacy Reserves LP Acquisition and Commodity Swap Update
MIDLAND, Texas, Jan. 15, 2008 (PRIME NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced it has pending acquisitions of $29.5 million of producing oil and natural gas properties and has closed $2.7 million of acquisitions during December 2007 and January 2008. All of the acquisitions are in the Permian Basin and Texas Panhandle. The pending acquisitions are expected to close in January 2008. The closed and pending acquisitions have aggregate net production of 366 Boe/d, of which 68% are oil and natural gas liquids. These acquisitions have proved reserves of approximately 2.0 million Boe's, of which 99% are classified as proved developed producing. The proved reserves to production ratio is an estimated 14.8 years.