latest news releases from the newsroom
Power Integrations, Inc.
Power Integrations Files Patent-Infringement Lawsuit Against BCD Semiconductor, Revises Second-Quarter Revenue Guidance
SAN JOSE, Calif., June 14, 2007 (PRIME NEWSWIRE) -- Power Integrations (Pink Sheets:POWI) today announced that it has filed a patent-infringement lawsuit against BCD Semiconductor Manufacturing Company Limited, a Chinese semiconductor company, and its U.S. affiliate BCD Semiconductor Corporation. The suit, filed today in the U.S. Federal District Court for the Northern District of California, alleges that certain PWM controller chips produced by BCD infringe upon Power Integrations U.S. patent nos. 5,313,381, 6,107,851 and 6,249,876. The company is seeking damages as well as an injunction against the infringing products.
Credit Acceptance Corporation
Credit Acceptance Announces Extension and Modifications of Credit Agreement
SOUTHFIELD, Mich., June 14, 2007 (PRIME NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today that it has extended the maturity of its credit facility with a commercial bank syndicate from June 20, 2008 to June 20, 2009. The Company also reduced the amount of the facility from $135 million to $75 million because the amount of borrowings available under this facility and the Company's $325 million warehouse facility exceed the Company's current borrowing needs.
The NASDAQ OMX Group, Inc.
Delisting of Securities of Analytical Surveys, Inc. From the NASDAQ Stock Market
NEW YORK, June 14, 2007 (PRIME NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of Analytical Surveys, Inc. Analytical Surveys, Inc.'s stock was suspended on April 04, 2007 and has not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed. For news and additional information about the company, including the basis for the delisting and whether the company's securities are trading on another venue, please review the company's public filings or contact the company directly.
An Exciting Fantasy Adventure
BELOIT, Wis., June 14, 2007 (PRIME NEWSWIRE) -- A tyrannical king stealing magic and bent on conquering the world is threatened by what a prophecy reveals. One of his children will overthrow him, thus, he sets out to destroy them -- even the daughter he once protected. Will she survive her father's betrayal? Discover as the exciting events unravel in Betrayal of Trust: Book 1 of Rae's Story written by Kimberly Vogel.
Summit Business Media
Summit Business Media Announces Acquisition of Agent Media Corp.
NEW YORK, June 14, 2007 (PRIME NEWSWIRE) -- Summit Business Media, LLC, a leading media company serving the business-to-business market, today announced its acquisition of Agent Media Corporation, a database and marketing company for the life, health and annuity segments of the insurance industry. The deal, led by The Bank of Montreal, was financed by Wind Point Partners, a private equity firm. Terms of the transaction were not disclosed.
Xlibris Releases Magical Marty's Deep Dive
MANHATTAN, Ill., June 14, 2007 (PRIME NEWSWIRE) -- Life under the sea is amazing and there is always something to discover. A special treat for children is coming as Xlibris, a leading print-on-demand online book self-publishing company, proudly announces the release of Magical Marty's Deep Dive, the newest picture book story in the Magical Marty Reading Adventure Series created by G.M. Kopec.