latest news releases from the newsroom
Investors Title Company
Investors Title Company Announces Third Quarter 2008 Results
CHAPEL HILL, N.C., Nov. 6, 2008 (GLOBE NEWSWIRE) -- J. Allen Fine, Chairman of Investors Title Company (Nasdaq:ITIC), announced that for the third quarter ended September 30, 2008, the Company reported net income of $917,033, a decrease of 76.2%, compared with net income of $3,857,892 for the same three-month period in 2007. Net income per diluted share equaled $0.39 compared with $1.54 in the same period last year. Net premiums written decreased 19.3% to $15,331,820, investment income decreased 17.1% to $1,079,760 and revenues decreased 23.7% to $17,596,563 compared with the prior year period.
Propalms, Inc. Receives Purchase Order for 300 Licenses of TSE From German Software Company
MALTON, England, Nov. 6, 2008 (GLOBE NEWSWIRE) -- Propalms, Inc. (OTCBB:PRPM) is pleased to announce that the Company has received an initial purchase order for 300 user licenses of its Terminal Services Edition (TSE) for Lammerzahl, LLC, a prominent producer of software for social legislation in Germany. Lammerzahl is headquartered in North Rhine-Westphalia, and has offices throughout the country. Propalms' TSE will enable the Company to better serve its clients by speeding the deployment of applications throughout its remote offices, while saving costs on user and maintenance fees.
Natural Speech Communication Ltd.
NSC Announces Media Search Engine for Enterprises
RISHON LEZION, Israel, Nov. 6, 2008 (GLOBE NEWSWIRE) -- NSC (Natural Speech Communication Ltd.), the developer of advanced Speech Recognition and Processing applications, an AudioCodes (Nasdaq:AUDC) company, today announced the upcoming launch of MSE, its Media Search Engine for Enterprise Market applications.
TASER International, Inc.
Hold'Em for Heroes Poker Tournament at Fort McDowell Casino to Benefit TASER Foundation for Fallen Officers
SCOTTSDALE, Ariz., Nov. 6, 2008 (GLOBE NEWSWIRE) -- The TASER Foundation for Fallen Officers in association with the Fort McDowell Casino in Arizona today announced the schedule for its Fourth Annual Hold'Em for Heroes Charity Poker Tournament on November 21-22, 2008 at Fort McDowell Casino in Fort McDowell, Arizona. The two-day charity event will be co-hosted by 11-time World Series of Poker(r) winner Phil Hellmuth and County Music Star Mark Wills. The events begin on Friday, November 21 with two separate general poker tournaments beginning at 2:00 p.m. and 9:00 p.m., respectively. A high roller tournament begins at noon on Saturday, November 22 with dozens of celebrities from screen, sports and poker scheduled to participate.
CAS Medical Systems, Inc.
CAS Medical Systems, Inc. Reports Third Quarter and Year-to-Date Financial Results
BRANFORD, Conn., Nov. 6, 2008 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (Nasdaq:CASM), a leader in non-invasive monitoring that is vital to patient care, today reported revenues of $11.7 million for the third quarter ended September 30, 2008, a 10 percent increase from $10.7 million reported for the same period of 2007. For the nine months ended September 30, 2008, revenues increased 12 percent to $31.2 million from $27.9 million in the same period last year. The Company also reported net income of $329,000 for the quarter, marking a return to profitability after reporting net losses of $562,000 for the first six months of 2008.
ALCO Stores, Inc.
Duckwall-ALCO Stores Reports October Sales Increase of 7.3 Percent
ABILENE, Kan., Nov. 6, 2008 (GLOBE NEWSWIRE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that sales from continuing operations for the four weeks ended November 2, 2008 (fiscal month of October) increased 7.3% to $36.6 million compared to $34.1 million in the prior-year month. Total sales, excluding fuel, increased 8.6% over the prior-year month. Same-store sales for the period decreased 2.7% with and without fuel. This same-store sales decline is an improvement over the previous two periods' same-store sales declines of 11.1% in August and 5.1% in September.