latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Sees International Opportunities for Hawkeye
LE BOURGET, France, June 13, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) will be discussing the Hawkeye 2000 export airborne early-warning and battle-management solution with several potential international customers, including key leaders from the Pacific Rim and the Asian subcontinent, during the 2005 Paris Air Show.
Regaltech Exploring Acquisition Opportunities
TARPON SPRINGS, Fla., June 13, 2005 (PRIMEZONE) -- Regaltech, Inc. (Pink Sheets:RGTH), a holding company dedicated to stem cell research and development, announced that it is exploring various acquisition opportunities to further fuel the growth and development of the Company.
Imagis Selected By U.S. Homeland Security
VANCOUVER, British Columbia, June 13, 2005 (PRIMEZONE) -- Imagis Technologies Inc. ("Imagis") (OTCBB:IMTIF) TSX-V:WSI) (DE:IGYA) announced today that the U.S. Department of Homeland Security (DHS) has procured software licenses for the company's flagship integration toolkit and servers, the Briyante Integration Environment. The purchase order, for an amount in excess of Cdn$350,000, was received on behalf of the DHS Metadata Center of Excellence.
Flint Telecom Group, Inc.
Semotus Reports Financial Results for 2005 Fiscal Year
LOS GATOS, Calif., June 13, 2005 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), an innovative provider of real-time professional market data and intelligent wireless communications software, reported its financial results for the fiscal year ended March 31, 2005. The Company's focus on marketing and sales was reflected in a 35% increase in revenues to $1,806,295 in fiscal year 2005 from $1,338,373 in fiscal year 2004. The revenue increase is the result of a recovering technology economy with increased IT purchases and the result of the Company having increased its sales force. Semotus also reduced its cash burn from operations by 51%. Gross profit margin increased to 80% for the year ended March 31, 2005 versus 76% for the year ended March 31, 2004 due to lower direct costs.
XsunX Announces Improved Production Efficiencies
ALISO VIEJO, Calif., June 13, 2005 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX), developer of Power Glass(tm) -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, released information today on the benefits of its recent success in the development of more efficient manufacturing techniques. This development allowed the Company to produce its first transparent solar cell on inexpensive thin-film plastic.
INFINITE Software Corporation
California Software and Microsoft Complete Midrange Modernization Tour
SAN CLEMENTE, Calif., June 13, 2005 (PRIMEZONE) -- California Software Corporation (Pink Sheets:CSWX), a leader in Legacy Extension, Business Intelligence and loan production software for banks, credit unions and consumer lending institutions and developer of the award-winning INFINITE and LPS product lines, announced today that it has completed a three city tour with Microsoft in New York, Chicago and Toronto.