latest news releases from the newsroom
Rush Financial Technologies, Inc.
RushTrade Group Acquires LostView
DALLAS, March 1, 2004 (PRIMEZONE) -- Rush Financial Technologies, Inc. (OTCBB:RFGI), formerly Rushmore Financial Group, Inc., ("RushTrade Group") announced today it has acquired LostView Development Corporation. LostView is a financial technology and web development company that provides professional software contract development services for online trading and document management systems.
eLEC Communications Corp.
eLEC Reports Fourth Quarter and Year End Earnings
WHITE PLAINS, N.Y., March 1, 2004 (PRIMEZONE) -- eLEC Communications Corp. (OTCBB:ELEC), a provider of local and long distance telephone service, today announced financial results for the fourth quarter and year ended November 30, 2003. eLEC reported net income for the fourth fiscal quarter of 2003 of $6,874,116, or $0.42 per share, as compared to a net loss of ($839,803), or ($0.05) per share, for the fourth fiscal quarter of 2002. Net income for the year ended November 30, 2003 amounted to $8,323,211, or $0.53 per share, as compared to a net loss of ($3,319,387), or ($0.21) per share, for the year ended November 30, 2002.
EMS Technologies, Inc.
EMS Technologies Announces Fourth Quarter Results
ATLANTA, March 1, 2004 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) today reported earnings from continuing operations of $2.7 million, or $.25 per share, on revenues of $72.8 million for the fourth quarter of 2003, and $8.9 million, or $.82 per share, on revenues of $256.2 million for the fiscal year 2003.
Minera Andes, Inc.
Progress Report at Minera Andes' 100 Percent Owned Los Azules Porphyry Copper/Gold Project, Argentina
SPOKANE, Wash., March 1, 2004 (PRIMEZONE) -- Minera Andes Inc. (TSX
Venture Exchange:MAI) (OTCBB:MNEAF) is pleased to announce that the current drill program is progressing on schedule at the Los Azules porphyry copper/gold system in San Juan province, central Argentina and may be expanded if weather conditions allow. In addition to the drilling, a geophysical survey using Xstrata Copper Americas' proprietary MIMDAS deep penetration, high resolution induced polarization (IP) system is in progress on the property. This survey will assist in selecting drill targets beneath the extensive talus and glacial debris cover on the property.
HealthTronics Surgical Services, Inc.
HealthTronics Surgical Services, Inc. and EDAP TMS S.A. Announce Finalization of Agreement for Ablatherm(r) in the U.S.A.
MARIETTA, Ga. and VAULX-EN-VELIN, France, March 1, 2004 (PRIMEZONE) -- HealthTronics Surgical Services (Nasdaq:HTRN), a leading provider of minimally invasive urologic and orthopaedic services, and EDAP TMS S.A. (Nasdaq:EDAP), a global leader in the development, marketing and distribution of a portfolio of minimally-invasive medical devices for the treatment of urological diseases, today announced that the two companies finalized a distribution agreement for Ablatherm in the United States.
CBQ Establishes US-China Financial and M&A Intermediation Co.
DAVIE, Fla., March 1, 2004 (PRIMEZONE) -- CBQ, Inc., a Colorado corporation (OTCBB:CBQI) ("CBQ" or the "Company") announced today that it has established a new subsidiary, China Pathfinder Fund, LLC, a Florida limited liability company (CPF), to pursue the business of acting as a funding and merger-and-acquisition or M&A intermediation agent in U.S. and China.