latest news releases from the newsroom
Nalco Holding Co. Announces Secondary Offering
NAPERVILLE, Ill., Feb. 12, 2007 (PRIME NEWSWIRE) -- Nalco Company (NYSE:NLC), the leading global provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications, announced today that The Blackstone Group, Apollo Management, L.P. and GS Capital Partners are selling 18,126,192 of the Company's common shares in a transaction underwritten by Citigroup Corporate and Investment Banking. This sale of previously unregistered shares represents approximately 12.7 percent of the current shares outstanding. This sale was made pursuant to the Company's existing registration statement. The Company will not receive any proceeds from this sale of its common shares. After giving effect to the sale of these shares, the sponsor group will no longer own shares of Nalco common stock.
Insulock Receives Largest Block Order to Date
BURNABY, British Columbia, Feb. 12, 2007 (PRIME NEWSWIRE) -- American Insulock Inc. (the "Company") (CNQ:AIKI.U) (Pink Sheets:AILKF) is pleased to announce that it has entered into a contract with a U.S. property developer for a quantity of 10,000 blocks to build four houses in Payson Arizona. The developer, Mr. Kevin Fulkerson, resides in the Phoenix area.
SmallCap Sentinel: Better Mousetrap Files
IRVINE, Calif., Feb. 12, 2007 (PRIME NEWSWIRE) -- "The recent housing boom has inspired a host of new ideas to improve the way structures are created and maintained," stated SmallCap Sentinel analyst D.R. Clark. "As with any boom, technology rushes to meet the dollar driven demand, creating better products for a burgeoning market."
Neoware Names Mike Owens Its Vice President of Global Supply Chain Operations
KING OF PRUSSIA, Pa., Feb. 12, 2007 (PRIME NEWSWIRE) -- Neoware, Inc. (Nasdaq:NWRE), a leading provider of thin client computing solutions announces the hiring of Mike Owens as Vice President of Global Supply Chain Operations. The appointment of Owens reflects Neoware's desire to put more robust supply chain management systems and processes in place to support its future growth objectives. The Company has grown from $11 million to more than $100 million since its fiscal year 2000.