latest news releases from the newsroom
XOMA Appoints Fred Kurland as Chief Financial Officer
BERKELEY, Calif., Jan. 5, 2009 (GLOBE NEWSWIRE) -- XOMA, Ltd. (Nasdaq:XOMA), a leader in the discovery and development of antibody therapeutics, announced today the appointment of Fred Kurland to the position of Vice President, Finance and Chief Financial Officer (CFO). In that position, Mr. Kurland will be responsible for directing XOMA's financial strategy, accounting, financial planning and investor relations functions.
UTi Worldwide Names New Chief Executive Officer
LONG BEACH, Calif., Jan. 5, 2009 (GLOBE NEWSWIRE) -- UTi Worldwide (Nasdaq:UTIW) today announced that it has appointed Eric W. Kirchner as chief executive officer, with an effective date expected on or about January 19, 2009. Mr. Kirchner also will become a member of UTi's Board of Directors. Mr. Kirchner succeeds Roger I. MacFarlane, one of the company's original founders. Mr. MacFarlane, 63, will serve in a transitional role through April 2009, at which time he will retire as an employee of the company, as previously announced. Mr. MacFarlane will remain a member of the Board of Directors and will become the company's non-executive Chairman effective on Mr. Kirchner's start date. Tiger Wessels, who currently holds such position, will continue to serve as a member of the company's Board of Directors.
CAS Medical Systems, Inc.
CAS Medical Systems, Inc. Renews Line of Credit Agreement
BRANFORD, Conn., Jan. 5, 2009 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (Nasdaq:CASM) today announced that its $10.0 million line of credit with its bank lender has been renewed until July 1, 2010.
Tix Corporation Achieves Another Milestone With 250,000 Discount Dinner Reservations Sold in Las Vegas in 2008
STUDIO CITY, Calif., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Tix Corporation (Nasdaq:TIXC), a leading integrated entertainment company providing discount and premium ticketing services, event and branded merchandising, and production/promotion of live concert and theatrical events, today announced that during 2008, the Company sold more than 250,000 discount dinner reservations to Las Vegas area restaurants.