latest news releases from the newsroom
Southwestern Medical Solutions
Universality Of SWMS' Patented Labguard Accucheck Technology Established ... Marketing Outlook Enhanced
TAMPA, Fla., May 25, 2004 (PRIMEZONE) -- Southwestern Medical Solutions, Inc. (Pink Sheets:SWML) is pleased to report that, during prototype development and clinical evaluation of its Labguard Accucheck(tm), it has ascertained that the key component of the system, the part that performs the on-site analysis, and that also sets Labguard Accucheck(tm) apart from competing products owing to improved technology, is a universal component that can be readily adaptable to use with currently stocked specimen collection-container devices, thus garnering considerable cost savings over current systems, and also making the proposed switchover from current specimen collection & analysis systems even more attractive to end users. Management believes that this valuable element of universality will greatly assist in achieving market penetration and rapid capture of significant market share by Labguard Accucheck(tm) upon ultimate product launch.
Seeger Weiss LLP
Seeger Weiss LLP Announces Class Action Lawsuit Filed Against Daimler Chrysler, Inc. On Behalf Of Foreign Purchasers of DaimlerChrysler AG Stock Between In Or About November 17, 1998 and November 17, 2000 -- DCX
NEW YORK, May 25, 2004 (PRIMEZONE) -- The law firm Seeger Weiss LLP announced today that on May 24, 2004, a class action lawsuit was filed in the United States District Court for the District of Delaware against defendants DaimlerChrysler AG, Daimler-Benz AG and various of DiamlerChrylser's top executives for securities fraud in violation of the federal securities laws. The lawsuit was filed on behalf of non-United States citizens and non-United States residents ("foreign investors") who owned shares of Chrysler that were converted to DaimlerChrysler AG shares during the 1998 merger of the companies and such persons who purchased or otherwise acquired shares of DaimlerChrysler AG, Inc. ("DaimlerChrysler" or the "Company")(NYSE:DCX) during the period from on or about November 17, 1998 through November 17, 2000, inclusive (the "Class Period"), and were damaged thereby.
GainClients, Inc. Launches New Website Product
TUCSON, Ariz., May 25, 2004 (PRIMEZONE) -- GainClients, Inc. (Pink Sheets:GCLT), creator of automated template based website solutions, announced today the launch of its new automated template based website service to real estate and mortgage professionals.
Ahold Posts Response to Request for Inquiry
ZAANDAM, Netherlands, May 25, 2004 (PRIMEZONE) -- Ahold (NYSE:AHO) today placed on its corporate website the document it filed with the Enterprise Chamber of the Amsterdam Court of Appeals. The company's comprehensive filing responds to a request for an inquiry by the VEB, the Association of Dutch Stockholders and other petitioners.
Isensix Secures $4.9 Million Financing
SAN DIEGO, May 25, 2004 (PRIMEZONE) -- Isensix, Inc. (www.isensix.com), the premier provider of wireless healthcare monitoring systems for medical facilities, clinical laboratories and blood banks, today announced the completion of the first closing of its $4.9 million financing led by Shelter Capital Partners.
Communications Research, Inc.
TeleWRITER Software Development Ahead of Schedule; Sales Now Projected to Begin September 2004
MAHWAH, N.J., May 25, 2004 (PRIMEZONE) -- Communications Research, Inc. (OTCBB:CRHI) announced that internal system and quality control testing of TeleWRITER 3.0 has begun this week as the upgraded version of TeleWRITER was completed almost a month ahead of schedule. Communications Research has also identified five power users of the TeleWRITER product who have offered to Beta Test the software and are eager to purchase the upgraded product. The company has pushed up projected sales to begin in September 2004 as TeleWRITER re-launches into the estimated $3 billion collaborative computing market.
PAB Bankshares, Inc.
PAB Bankshares, Inc. Announces Second Quarter 2004 Dividend and Stock Buyback Plan
VALDOSTA, Ga., May 25, 2004 (PRIMEZONE) -- The Board of Directors for PAB Bankshares, Inc. (AMEX:PAB) today approved a quarterly dividend in the amount of $0.07 per share payable by July 15, 2004 to its stockholders of record on June 30, 2004. In addition, the Board of Directors authorized a plan to repurchase up to 400,000 shares of the Company's common stock.