latest news releases from the newsroom
Power Technology Inc.
Power Technology Acquires Patent Assignments for Battery Technology
HOUSTON, Oct. 13, 2004 (PRIMEZONE) -- Power Technology, Inc. (OTCBB:PWTC) announced today the Company has acquired formal written assignments from Joey Jung and Elod Gyenge, two inventors of the battery technology and improvements that are subject of an application for United States Patent signed by them. Under intellectual property law, Power Technology, Inc. now has the right to fully commercialize these patent rights and to sell battery products based on this unique technology. Regardless of the outcome of the Company's lawsuit with Alvin Snaper, Power Technology, Inc. now has the legal right to manufacture and sell the battery without Alvin Snaper's consent and the Company will not be obligated to account to him for its profits. Specifically, the US Patent Code, Article 35 USC 262, provides: "In the absence of any agreement to the contrary, each of the joint owners of a patent may make, use, offer to sell, or sell the patented invention within the United States, or import the patented invention into the United States, without the consent of and without accounting to the other owners."
Ahold Reaches Final Settlement with SEC
ZAANDAM, Netherlands, Oct. 13, 2004 (PRIMEZONE) -- The United States Securities and Exchange Commission ("SEC") announced today that it had reached a final settlement with Ahold. As reflected in the SEC's Complaint and Litigation Release, Ahold cooperated fully with the SEC in its investigation and has undertaken significant remedial actions in connection with the issues that were investigated. Ahold will continue to cooperate fully with the SEC and other authorities. This settlement completely resolves the SEC's investigation of Ahold and its various operating companies, including its U.S. Foodservice subsidiary.
StockPickReport: `Strong Buy for Merck'
SHREVEPORT. La., Oct. 13, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com -- an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates Merck & Co Inc, Citigroup Inc, Micron Technology Inc, SBC Communications Inc
StockPickReport: `Sell Your Semis?'
SHREVEPORT, La., Oct. 13, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com -- an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates Merrill Lynch Semiconductor HOLDRS, QUALCOMM Incorporated, Chiron Corporation, Netflix Inc