latest news releases from the newsroom
Chillicothe Paints of Baseball's Independent Frontier League Tab FieldTurf
CHILLICOTHE, Ohio, Jan. 20, 2006 (PRIMEZONE) -- FieldTurf's ever-expanding dominance in the professional sports landscape spilled over into minor league baseball today when the Chillicothe Paints of the Independent Frontier League announced that they will install FieldTurf at V.A. Memorial Stadium in time for the 2006 baseball season. The announcement was jointly made by Paints' Owner Chris Hanners and FieldTurf CEO John Gilman.
TDC Makes Provisions
COPENHAGEN, Denmark, Jan. 20, 2006 (PRIMEZONE) -- TDC has previously informed about the need for a 5% reduction in the domestic workforce in 2006, equivalent to approximately 720 full-time employees. A part of this reduction, equivalent to 150 full-time employees, is carried out as natural attrition and internal replacements. As such TDC has decided to initiate a redundancy program for up to 570 employees in the period until the end of 2006. The redundancy program will initially be carried out as voluntary resignations in accordance with the agreements that have been made with the telecom departments of the Danish Metalworkers Union, the Association of Managers and Employees in Special Positions of Trust and the Danish Confederation of Professional Associations in order to reduce the number of actual redundancies.
Metso to Supply Fiberline to Abhishek, India, for World's Largest Straw Pulp Mill
HELSINKI, Finland, Jan. 20, 2006 (PRIMEZONE) -- Metso Paper will supply fiberline technology to an Indian customer, Abhishek Industries Ltd., for their expansion project at Barnala in the state of Punjab. With a daily production capacity of 225 tons, the new line will be the largest fiberline ever built for wheat straw as raw material. The value of the order is over EUR 11 million and the line is scheduled to start-up in 2007.
Execute Sports, Inc.
Execute Sports Completes Acquisition of Pacific Sports Group, Inc.
SAN DIEGO, Jan. 19, 2006 (PRIMEZONE) -- Execute Sports, Inc. (OTCBB:EXCS) today announced that it has acquired Pacific Sports Group, Inc., a holding company for several action sports brands, including Academy Snowboards, Kampus Wakeskates, Kampus Shoes, Collective Development Bindings and Collective Development Bags and Softgoods.
Hudson's Grill International, Inc.
Hudson's Grill Announces the Signing of a Franchise Agreement by Cappuccino SD, Inc.
DALLAS, Jan. 19, 2006 (PRIMEZONE) -- Hudson's Grill International, Inc. (OTCBB:HGIIA), based in Dallas, Texas, announced today that on January 13, 2006, it received an executed franchise agreement from Cappuccino SD, Inc., a corporation controlled by Peter and Cindy Palm. Cappuccino SD, Inc., will convert an existing restaurant into a Hudson's Classic Grill. The new Hudson's Classic Grill will be located at 201 North Lincoln Road, Escanaba, Michigan. Escanaba is a city of about 13,000, located in the Upper Peninsula on Lake Michigan. This will be the Palms' second franchise with Hudson's Grill International. Their other franchise is located in DePere, Wisconsin. The Palms plan to open the Escanaba Hudson's Classic Grill in March 2006.
Turnaround Partners, Inc.
Author and Investment Manager John Merrill to Appear on 'Corporate Strategies with Tim Connolly' Sunday, January 22, 2006
HOUSTON, Jan. 19, 2006 (PRIMEZONE) -- Author and Investment Manager John Merrill of Tanglewood Capital Management, Inc. to appear Sunday, January 22, 2006 on "Corporate Strategies with Tim Connolly." Mr. Merrill has recently appeared on Bloomberg TV, CNBC, and Bloomberg Radio. He will discuss 2005 investment results for the firm, and his expectations for the market in 2006. He has authored three books on investment management, Beyond Stocks, 1997, Outperforming the Market, McGraw Hill, 1998, and A Portfolio For All Seasons, 2003. Previous guests of the show have included ChangeWave Research's Bryan Perry, U.S. Senator John McCain, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. Emerge Capital Corp. is the lead sponsor of The Corporate Strategies Business Talk Radio Show which may be heard on KSEV AM 700 in Houston, Texas, WGCH AM 1490 in Greenwich, Connecticut, WSBR AM 740 in Boca Raton, Florida, and on over 400 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.
Howard Joins PayStar's Management
LODI, Calif., Jan. 19, 2006 (PRIMEZONE) -- PayStar Corporation (Pink Sheets:PYST), a Holding company, today announced changes in corporate governance. Mr. William D. Yotty has resigned from all corporate positions at PayStar and its subsidiaries. Mr. Ronald Howard of Phoenix, Arizona has been appointed the new President of PayStar Corporation. Mr. Yotty's resignation was predicated upon pursuing other personal interests.