latest news releases from the newsroom
QLogic Executive to Present at Sixth Annual Needham Growth Conference
ALISO VIEJO, Calif., Dec. 23, 2003 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks (SANs), today announced that HK Desai, president, chairman and CEO, will be presenting at the Sixth Annual Needham Growth Conference held at the New York Palace Hotel on Wednesday, January 7, 2004. The presentation, expected to begin at 2:30 p.m. Eastern Time, will also be available through live and archived webcast via the QLogic website at http://www.qlogic.com/company/investor_relations.asp.
QLogic Executive to Present at 2004 System Area Networks Conference Hosted by RBC Capital Markets
ALISO VIEJO, Calif., Dec. 23, 2003 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks (SANs), today announced that HK Desai, president, chairman and CEO, will be presenting at the RBC Capital Markets 2004 System Area Networks Conference held at The Plaza in New York City on Tuesday, January 6, 2004. The presentation, expected to begin at 11:25 a.m. Eastern Time, will also be available through live and archived webcast via the QLogic website at http://www.qlogic.com/company/investor_relations.asp.
Lone Star Steak House & Saloon
Lone Star Steakhouse & Saloon, Inc. Repurchase Of Common Stock Approved
WICHITA, Kan., Dec. 23, 2003 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc. ("Lone Star" or "the Company") (Nasdaq:STAR) announced that it has completed its previously authorized repurchase of 2.2 million shares, and that its Board of Directors has approved the repurchase by Lone Star Steakhouse & Saloon, Inc. of up to an additional 10% of the outstanding shares of the Company, or approximately 2.1 million additional shares. Any repurchases would be made from time to time in the open market or in negotiated transactions pursuant to the "safe harbor" rules of the Securities and Exchange Commission.
Encysive Pharmaceuticals Inc.
Encysive Pharmaceuticals Announces Closing of $48.6 Million Stock Offering
HOUSTON, Dec. 23, 2003 (PRIMEZONE) -- Encysive Pharmaceuticals (Nasdaq:ENCY) announced today the closing of its previously announced offering of 6,500,000 shares of its common stock in an underwritten offering by SG Cowen Securities Corporation acting as sole book-running manager, RBC Capital Markets acting as co-lead manager, and Needham & Company, Inc. acting as co-manager. At the closing, the underwriters also purchased an additional 975,000 shares of common stock pursuant to their over allotment option. The shares of common stock were sold to the public for $6.50 per share. With the exercise of the over allotment option, the gross proceeds from the offering realized by the Company is approximately $48.6 million.
Telelogic signs Six-Year License agreement with QinetiQ Ltd
MALMO, Sweden, Dec. 23, 2003 (PRIMEZONE) -- Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it has signed a six-year license agreement with QinetiQ Ltd, one of Europe's largest science and technology companies. The agreement is for Telelogic's DOORS(R) requirements management suite of tools.
ECON Investor Relations Inc.
Homelanddefensestocks.com -- Featured in Interview on CNNfn's Dolans Unscripted
POINT ROBERTS, Wash., Dec. 23, 2003 (PRIMEZONE) -- Homelanddefensestocks.com, a global investment research portal for the Homeland Defense and Security Sector was featured today in an interview on CNNfn's Dolans Unscripted. CNNfn's Dolans Unscripted is an hour-long daily television show that presents a lively take on the day's news from a money perspective, providing viewers with a fast, free-wheeling dialogue about pocketbook issues pegged to the news of the day. The show airs every weekday from 10 to 11 a.m. (ET). Founder Dawn Van Zant was interviewed by Ken and Daria Dolan, following the national terror alert level being raised to "Orange."
Resignation of Auditor for Skandia Insurance Company Ltd
STOCKHOLM, Sweden, December 23, 2003 (PRIMEZONE) -- As previously announced in the press release on 1 December, 2003, Skandia's Board has decided to summon an extraordinary general meeting on 28 January, 2004. This will give Skandia's owners an opportunity to appoint the board they feel is best-suited for the continued work moving forward.
21st Century Technologies, Inc.
Compass Capital Completes Latest Round of Financing for 21st Century Technologies, Inc.
LAS VEGAS, Dec. 23, 2003 (PRIMEZONE) -- Today, Compass Capital, investment bankers for 21st Century Technologies, Inc. (OTCBB:TFCT), provided another $350,000 in funding to 21st Century. The total amount that Compass has helped to fund for 21st Century is over $4 million over the last 4 months. This timely funding will serve to reinforce Compass' belief that the current raising of the National Security Threat Level to orange, which is a "high alert" from the prevalent yellow level, will encourage expeditious funding by the Federal Government for products such as 21st's ProMag and SeaPatch rare earth magnet-powered rupture and leak-sealing systems. Compass expects to have its $5 million commitment to 21st completed by the end of January, 2004, well ahead of schedule, according to Mark Lefkowitz of Compass Capital.