latest news releases from the newsroom
Mountain National Bancshares, Inc.
Mountain National Bancshares Announces Intent to Offer Common Stock and Warrants
SEVIERVILLE, Tenn., June 6, 2005 (PRIMEZONE) -- Mountain National Bancshares, Inc. (OTCBB:MNBT) today announced that its board of directors has authorized the filing of a registration statement with the Securities and Exchange Commission for the sale of approximately 350,000 shares of Mountain National's common stock. Mountain National will issue to each purchaser in the offering one warrant, exercisable two years after the completion of the offering, to purchase a share of its common stock for each share purchased in the offering. The shares will be offered initially to Mountain National's shareholders, and then to other investors. Mountain National expects to file the registration statement in the second quarter of 2005 and anticipates the offering will be consummated during the third quarter of 2005. Mountain National is offering the shares of common stock to fund the growth and expansion of Mountain National Bank. This press release does not constitute a solicitation of an offer to buy the shares of common stock or the warrants expected to be registered in the offering. An offering will only be made by the prospectus included in the registration statement filed with the Securities and Exchange Commission.
The Ensemble Theatre
The Ensemble Theatre Presents 'Nat King Cole and Me -- A Musical Healing'
HOUSTON, June 6, 2005 (PRIMEZONE) -- One of the most treasured and popular singers ever to hit the American scene was the beloved Nat King Cole. He was a brilliant recording and concert artist who had a distinctive and unforgettable voice which has been compared to the quality of velvet, a calm evening breeze, a soft snow fall and a still summer morning that was always unmistakable.
Innova Holdings, Inc.
Innova Holdings, Inc. Opens Manufacturing Facility in Detroit
FORT MYERS BEACH, Fla., June 6, 2005 (PRIMEZONE) -- Innova Holdings, Inc. (OTCBB:IVHG), a software company providing software solutions to the service, personal, and industrial robotic markets, announces that it has leased a manufacturing facility in the greater Detroit, MI metropolitan area that will be used by its subsidiary, Robotic Workspace Technologies, Inc. (RWT) to assemble the Universal Robot Controller (URC(tm)) to meet production requirements in the Midwest.
PIMCO Appoints New Funds President
NEWPORT BEACH, Calif., June 6, 2005 (PRIMEZONE) -- PIMCO, one of the world's leading fixed-income fund-management companies with over $464 billion in assets, today announced the appointment of Mr. Ernest L. Schmider as President of PIMCO Funds.
Digital Descriptor Systems Inc.
Digital Descriptor Systems, Inc. to Introduce Breakthrough Security Products at 19th Annual Police and Security Expo
NEW YORK, June 6, 2005 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (DDSI) (Pink Sheets:DDSI), an industry leader that develops and markets security products for criminal justice organizations, will be announcing a line of breakthrough security products developed by its wholly owned subsidiary, CGM Applied Security Technologies, at the 19th Annual Police and Security Expo in Atlantic City, NJ, June 21-22, 2005.
Seamless Wi-Fi, Inc.
Alpha Wireless Broadband Announces Name Change to Seamless Wi-Fi
LAS VEGAS, June 6, 2005 (PRIMEZONE) -- Alpha Wireless Broadband, Inc. today announced that it has changed its name to Seamless Wi-Fi, Inc. (OTCBB:SLWF). The name of a subsidiary, Skyy-Fi, Inc., was changed to Seamless Skyy-Fi, Inc. The name changes are part of a plan to create a cohesive identity that allows a marketing strategy that promotes the "Seamless" concept of all company operations. Another subsidiary, Seamless Peer 2 Peer, Inc., already contained the Seamless name. The name change allows the entire group to operate under one unifying "Seamless" brand identification, which will be used on all company logos and websites.