latest news releases from the newsroom
Madison Bay Holdings, Inc. --
Madison Bay Holdings Acquires Stake in Light-Sport Aircraft Company
SEATTLE, Sept. 26, 2005 (PRIMEZONE) -- Madison Bay Holdings, Inc. (Pink Sheets:MDBY), a marketer and distributor of Recreational Vehicles, Powerboats and Leisure Watercraft, announced today that the Company has acquired a 20% stake in Exosphere Aircraft Company, Inc., a producer of light-sport aircrafts, including the very popular "Express" model, manufactured by Express Aircraft Company, a subsidiary of Exosphere.
Oakley Appoints Frits van Paasschen, Coors Brewing Company President and CEO, to Board of Directors
FOOTHILL RANCH, Calif., Sept. 26, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced the appointment of Frits van Paasschen to the company's Board of Directors. Mr. van Paasschen is president and chief executive officer of Coors Brewing Company, a subsidiary of Molson Coors Brewing Company (NYSE:TAP). Coors Brewing Company is the third largest brewer in the U.S. The company's brands include Coors Light, Molson Canadian, Coors, Killian's Irish Red, Aspen Edge, Keystone, Blue Moon and Zima XXX.
Oakley Declares Annual Stock Dividend
FOOTHILL RANCH, Calif., Sept. 26, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced that its Board of Directors has declared a regular cash dividend of sixteen cents ($0.16) per share on its outstanding common stock, an increase of $0.01 per share over the company's dividend of fifteen cents ($0.15) per share paid last year. The dividend will be payable October 28, 2005, to shareholders of record at the close of business on October 14, 2005. Any future dividends are at the discretion of and subject to the approval of Oakley's Board of Directors.
Calypso Wireless, Inc.
Calypso Wireless Receives Wi-Fi Technology of the Year Award From Frost & Sullivan
MIAMI LAKES, Fla., Sept. 26, 2005 (PRIMEZONE) -- Calypso Wireless Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, announced today that it was honored last Wednesday, September 21, 2005 with the Wi-Fi Technology of the Year Award at the Excellence in Mobile Communications Awards Banquet, sponsored by Frost & Sullivan. Frost & Sullivan honored Calypso with the 2005 Wi-Fi Technology of the Year Award for its revolutionary Automatic Switching of Network Access Points (ASNAP) technology that enables seamless roaming between Global Systems for Mobile communications (GSM)-based cellular / GPRS and 802.11-based Wi-Fi networks. Frost & Sullivan presented the award to Calypso at a banquet attended by worldwide leaders in the field of Wi-Fi telecommunications, stating that Calypso's patented ASNAP technology was the best solution offered for allowing mobile users to seamlessly roam between Wi-Fi hot spots and traditional cell towers.
Parker Waichman Alonso LLP
Parker & Waichman, LLP Comments on Published Study Underscoring Risks of Ortho Evra Birth Control Patch
NEW YORK, Sept. 26, 2005 (PRIMEZONE) -- Parker & Waichman, LLP (http://www.yourlawyer.com), a leading pharmaceutical liability law firm representing victims who have suffered side effects associated with the Ortho Evra Birth Control Patch, believes that a recent medical study, published in the journal Contraception, clearly illustrates the increased risks of Ortho Evra when compared with other forms of birth control. The study compares ethinylestradiol (EE) pharmacokinetics in three types of hormonal contraceptives: the transdermal patch, the vaginal ring, and an oral contraceptive. The study confirms that, "Of the three contraceptive methods, exposure to EE was highest for the patch group." It is believed that prolonged exposure to high levels of estrogen may be associated with increased risk of adverse effects, including blood clots, pulmonary emboli, and strokes. Ortho Evra is an adhesive, transdermal birth control patch manufactured by Ortho-McNeil, a division of Johnson & Johnson (NYSE: JNJ). For more information on Ortho Evra please visit www.orthopatchlawsuit.com or www.yourlawyer.com/practice/overview.htm?topic=Ortho%20Evra%20Patch.
JBCC OEM's Vision Solutions' ORION in High Availability ERP Package
IRVINE, Calif., Sept. 26, 2005 (PRIMEZONE) -- Vision Solutions, the industry standard in eServer High Availability and Japan Business Computer Corporation (JBCC), IBM's leading Japanese solution provider, have partnered in an exclusive deal resulting in Enterprise Vision Series, an ERP package targeted to SMB's that is made highly available by Vision Solutions' ORION(tm).