latest news releases from the newsroom
Virco Mfg. Corporation
Virco Inducted into Environmental Hall of Fame
TORRANCE, Calif., Feb. 4, 2004 (PRIMEZONE) -- In recognition of its impressive, long-standing environmental achievements, Virco Mfg. Corporation (AMEX:VIR) -- America's leading maker and supplier of classroom furniture -- has been honored as a charter member of the WasteWise Hall of Fame by the United States Environmental Protection Agency (EPA).
Universal Stainless & Alloy Products, Inc.
Universal Stainless Submits Bid for Fort Wayne Plant of Slater Steel
BRIDGEVILLE, Pa., Feb. 4, 2004 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that it has submitted a bid, in accordance with procedures approved by the U.S. Bankruptcy Court, to purchase the assets of the idled Fort Wayne, Indiana specialty steel bar facility of Slater Steels Corporation, the U.S. subsidiary of Slater Steel Inc. (TSE:SSI), of Mississsauga, Ontario, Canada. The Company's bid of $3,190,000 has been submitted in order to participate in the auction scheduled for February 11. Both Slater Steel Inc. and Slater Steels Corporation filed for bankruptcy protection in 2003. The Company noted that because of its strong balance sheet, it has the flexibility to finance the proposed acquisition with its own cash, through borrowings or through other sources.
WindsorTech, Inc. Releases Preliminary Results For 4th Quarter 2003
PALM BEACH, Fla. and HIGHTSTOWN, N.J., Feb. 4, 2004 (PRIMEZONE) -- WindsorTech, Inc, (OTCBB:WSRT) a Data Security and Environmental Compliance service company, announced today preliminary results from the fourth quarter ended December 31, 2003. The Company reported net income of $176,088 or $.01 per basic and diluted share on revenues of $2.4 million, a greater than 100% increase in revenue over the same period 2003. For the period ended December 31, 2002, the company had revenues of $1.1, resulting in a loss of ($233,811) or ($.015) per basic and diluted share.
ECON Investor Relations Inc.
Homelanddefensestocks.com Reports on the Biodefense Sector Following Discovery of Ricin
POINT ROBERTS, Wash., Feb. 4, 2004 (PRIMEZONE) -- www.Homelanddefensestocks.com, a global investment research portal for the Homeland Defense and Security Sector, reviews market activity following the recent discovery and identification of the ricin toxin at the Dirksen Senate Office Building. Several stocks realized gains as investors scouted out companies with technology solutions for threats of chemical and biological agents. According to research by Frost and Sullivan (World Chemical and Biological Agent Detector Markets), the future for both biological and chemical detection markets looks positive as ongoing terrorist activities create an urgent demand for detection and protection solutions. The recently announced 10% increase for FY 2005 Department of Homeland Security budget will allow additional allocation of funds and resources to develop and implement reliable detection systems. The budget request includes a $274 million Bio-Surveillance Program Initiative designed to protect against bioterrorism.