latest news releases from the newsroom
Versant Introduces Vorkout for Compacting a Database Online
REDWOOD CITY, Calif., Sept. 25, 2007 (PRIME NEWSWIRE) -- Versant (Nasdaq:VSNT) today announced the release of "Vorkout," an add-on module for its flagship product, Versant Object Database. Versant Vorkout is a Database Reorganization Tool that enables administrators to reclaim unused space in deployed database environments during normal operation. Vorkout detects available free space and automatically rearranges the allocation of data on the disk. In particular, applications that write and delete large amounts of data may experience dramatic runtime performance advantages.
Cubic Energy, Inc.
Cubic Energy Finds 418 Total Feet of Gas Pay in Three New Louisiana Wells
DALLAS, Sept. 25, 2007 (PRIME NEWSWIRE) -- Cubic Energy, Inc. (OTCBB:QBIK) ("Cubic" or the "Company") today announces results of three new wells delineating large impact reserves in the Cotton Valley interval. Preliminary log analysis performed by The Scotia Group, Inc. for the three wells drilled in Cubic's Johnson Branch acreage (T15N R15W) of Caddo Parish, Louisiana, has determined the following results: The Tabor 4-1 well drilled to a total depth of 10,550' and logged 163 feet of net pay in the Cotton Valley between depths of 8,901'-9,798'. The McDonnell 8-1 drilled to a total depth of 10,500' and logged 142 feet of net pay in the Cotton Valley between depths of 8,907'-9,803'. The Luttrell 7-1 drilled to a total depth of 10,522' and logged 113 feet of net pay in the Cotton Valley between depths of 8,880'-9,648'. The aggregate net pay thickness in the three wells is 418 feet.
Competitive Technologies, Inc.
Competitive Technologies Obtains License Rights to Radio Alert Emergency Warning System
FAIRFIELD, Conn., Sept. 25, 2007 (PRIME NEWSWIRE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that an agreement has been signed with ADI Corporation for exclusive worldwide rights to license and commercialize their patented technology for a Radio Alert Emergency Warning System. The technology is a dual-mode transmitter capable of short-range interruption of commercial radio broadcasting received by vehicles. The transmitter reaches vehicle drivers with a message broadcast over their operating radio to alert them of an oncoming train or emergency vehicle, or of an emergency vehicle in place before them on the road. The agreement provides for royalty and license fee sharing between ADI and CTT.
Surge Global Energy, Inc.
Surge Endorses Signet/Andora Combination
SAN DIEGO, Sept. 25, 2007 (PRIME NEWSWIRE) -- Surge Global Energy, Inc. (OTCBB:SRGG) ("Surge") announced today that on September 19, 2007 its former Canadian subsidiary, Signet Energy, Inc. ("Signet"), completed a previously announced business combination with Andora Energy Corporation ("Andora"), for an aggregate 10,741,128 common shares of Andora as a result of the transaction. The combined company will assume the name "Andora Energy Corporation." Surge now owns approximately 3,429,138 of the issued and outstanding common shares of Andora or 5.78% on a fully diluted basis.