latest news releases from the newsroom
Virgin America Responds to Rising Fuel Costs
SAN FRANCISCO, June 11, 2008 (PRIME NEWSWIRE) -- In response to the unprecedented rise of oil prices and volatility in the energy sector, Virgin America has announced fuel surcharges in all of its markets, effective immediately.
Globalstar Announces Launch of New SkyBitz Global Satellite Asset Tracking Solution
MILPITAS, Calif., June 11, 2008 (PRIME NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments and individuals, today announced that leading mobile asset tracking and information management service provider SkyBitz, Inc. has launched the GLS 100 satellite mobile communicator. The GLS 100 is the newest global asset tracking solution that utilizes the highly reliable Globalstar Simplex data network and enables SkyBitz to meet its growing demand for expanded global coverage.
Wavestream Corporation Introduces 80-watt Ku-band Matchbox Block Upconverter Ideal for Satellite News Gathering Services
SINGAPORE, June 11, 2008 (PRIME NEWSWIRE) -- Wavestream Corporation (www.wavestream.com), a manufacturer of compact, highly efficient solid-state power amplifiers, today announced that it will showcase its new 80-watt Ku-Band Matchbox Block Upconverter (BUC) for a variety of commercial and military satellite communications applications at CommunicAsia, June 17-20, 2008 in Stand 6J1-01 at the Singapore Expo in Singapore. The 80-watt Ku BUC is a highly efficient solid-state power amplifier (SSPA) and is ideal for satellite news gathering (SNG) applications, such as those highlighted at CommunicAsia.
Ariel Way, Inc.
Ariel Way Files Restated Quarterly Report
VIENNA, Va., June 11, 2008 (PRIME NEWSWIRE) -- Ariel Way, Inc. (OTCBB:AWYI) announced today that it had filed its restated Quarterly Report 10-QSB for the period ended March 31, 2008. The reported quarterly revenue at $1,124,715 is the highest quarterly revenue ever for Ariel Way. The total assets reported at $5,415,762 is also the highest amount of assets ever for Ariel Way. As a result of transactions during the quarter, there was also a significant reduction of liabilities and debt.