latest news releases from the newsroom
Sitestar Announced First Quarter Financial Results
LYNCHBURG, Va., May 16, 2006 (PRIMEZONE) -- Sitestar Corporation (OTCBB:SYTE), a provider of residential and business Internet access and value-added computer services, today announced results of operations for the quarter ended March 31, 2006, highlighted by an increase of $115,615 in net income or 160.4 percent from the same period in 2005. Similarly, EBITDA (earnings before interest, taxes, depreciation and amortization) improved $264,653 or 119.1 percent compared to the same period a year ago. In addition, Sitestar acquired and integrated the assets and customer lists of two Internet Service Providers (ISPs).
QLogic Honored by Network World Magazine
ALISO VIEJO, Calif., May 16, 2006 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced that Network World Magazine has selected the company to appear on its Network World 200 list. QLogic is ranked as the 81st largest North American public network companies, based on 2005 revenue; retaining its strong position from the previous year's list.
NuTech Digital, Inc.
NuTech Digital Inks Exclusive Distribution Agreement
VAN NUYS, Calif., May 16, 2006 (PRIMEZONE) -- NuTech Digital, Inc. (OTCBB:NTDL), a worldwide leader in the production and distribution of original and licensed DVD content, today announced the execution of an exclusive distribution agreement with Perfect Timing Media Corp, a United States based distributor.
Delta Air Lines, Inc.
Delta Customers to Benefit from New Runway at World's Largest Airport
ATLANTA, May 16, 2006 (PRIMEZONE) -- Today's opening of the fifth runway at Hartsfield-Jackson Atlanta International Airport sets the stage for additional domestic and international expansion, along with improved on-time performance, for Atlanta-based Delta Air Lines -- the largest airline at the world's largest airport. Delta anticipates the fifth runway will immediately improve arrival and departure rates by 25-35 percent and significantly reduce delays for customers flying to, from or through Atlanta during severe weather and peak travel periods.
Kronos Advanced Technologies, Inc.
Kronos Issues Third Quarter Update on Business Activities
BELMONT, Mass., May 16, 2006 (PRIMEZONE) -- Kronos Advanced Technologies, Inc. (OTCBB:KNOS) President and Chief Executive Officer Daniel R. Dwight today announced that during the third fiscal quarter ended March 31, 2006 the Company continued to make significant advances and remains on track for getting its proprietary technology into the product production stage for marketing by its strategic partners.