latest news releases from the newsroom
Sun American Bancorp
Sun American Bancorp Knows of No Reason for Decline in Stock Price
BOCA RATON, Fla., Nov. 6, 2007 (PRIME NEWSWIRE) -- Sun American Bancorp ("Sun American") (Nasdaq:SAMB), the bank holding company for Sun American Bank, today reports that management of Sun American knows of no corporate reason for the drop in the price of its stock. The Bank reported that it bought a block of 50,000 shares today under its buy-back program.
Alta Mesa Holdings, LP
Meridian Provides Operations Update, Moves Forward With Growth Plans
HOUSTON, Nov. 6, 2007 (PRIME NEWSWIRE) -- The Meridian Resource Corporation (NYSE:TMR) today provided an update on the activities in its operating areas. During the third quarter, the Company continued its growth activity in five of its seven operating areas. In the East Texas area, two wells were completed, two wells are currently drilling and additional acreage was leased. In South Louisiana, three wells were successfully recompleted at Weeks Island, one well was successfully drilled at Thornwell Field and two prospects are being prepared for spud/re-entry. In the Texas Gulf Coast, two wells were successfully tested. In the New Albany Shale Play, two wells were successfully drilled and are being evaluated. In Oklahoma one well was successfully drilled, tested and is producing.
RedChip Companies Inc.
RedChip Visibility Initiates Research Coverage On Alternative Construction Technologies
ORLANDO, Fla., Nov. 6, 2007 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., announced that it has initiated research coverage on Alternative Construction Technologies, Inc. (OTCBB:ACCY), a leader in the production of structural insulated panel systems (SIPs) used in the construction of institutional, residential, and commercial buildings.
IMSI/Design Announces New TurboCAD Mac V3
NOVATO, Calif., Nov. 6, 2007 (PRIME NEWSWIRE) -- IMSI/Design, the global leader in retail CAD, is announcing the release of its newest version of TurboCAD Mac software. New features include a built-in exclusive Tape Measure tool making design measurements easier than ever, updated DXF/DWG translators, additional 3D model and 2D floor plan template content, and an updated ACIS(r) solid modeling engine.