latest news releases from the newsroom
Essentials of Happy, Successful People -- New Book Helps People Live Happy, Successful Lives
PHOENIX, May 20, 2004 (PRIMEZONE) -- While many books offer theories about living successfully, they often fail to help people implement those theories into their everyday lives. C. Steven Haymore's new book, The Eight Essential Keystones of Happy, Successful People: How to Always Feel Exceedingly Happy-Important-Valued-Loved (now available through AuthorHouse) does just that. It teaches readers how to obtain and maintain great success and unspeakable joy in their lives.
Geller Rudman, PLLC
Geller Rudman Announces Class Action Lawsuit Against Vaso Active Pharmaceuticals, Inc. on Behalf of Investors -- VAPH
NEW YORK, May 20, 2004 (PRIMEZONE) -- The Law Firm of Geller Rudman, PLLC. announced today that a class action lawsuit has been filed in the United States District Court for the District of Massachusetts on behalf of purchasers of Vaso Active Pharmaceuticals, Inc. ("Vaso Active" or the "Company") (OTCBB:VAPH) (formerly Nasdaq:VAPH) publicly traded securities during the period between December 11, 2003 and March 31, 2004, inclusive (the "Class Period"). A copy of the complaint filed in this action is available from the Court, or can be viewed on the firm's website at http://www.geller-rudman.com/view_case.asp?cid=272.
Speizman Industries, Inc.
Speizman Industries, Inc. Voluntary Petition for Bankruptcy
CHARLOTTE, N.C., May 20, 2004 (PRIMEZONE) -- Speizman Industries, Inc. (OTCBB:SPZN) Speizman Industries, Inc. (the "Company") today announced that the Company and three of its domestic subsidiaries have filed voluntary petitions with the United States Bankruptcy Court for the Northern District of Georgia (Case No. 04-11540) under Chapter 11 of the United States Bankruptcy Code. At the present time the Company anticipates that it will operate its business as a "debtor-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with Sections 1107(a) and 1108 of Chapter 11. The Company also announced that it is seeking immediate Bankruptcy Court approval of $1,250,000 in debtor-in-possession ("DIP") financing from the Company's secured lender, SouthTrust Bank. The Company intends to use this financing to fund its efforts to seek an orderly sale of all of the Company's assets.
Communications Research, Inc.
Communications Research Adds New Employees
MAHWAH, N.J., May 20, 2004 (PRIMEZONE) -- To meet growing project commitments and order backlog, Communications Research (OTCBB:CRHI) has announced that they have added a number of new employees to their staff, most notably Mr. Neil Goldberg as Professional Video/Broadcast Chief Project Engineer and Mr. Bryan Borgeman in the capacity of Lead CAD Operator.