latest news releases from the newsroom
Phoenix India Acquisition Corp.
Phoenix India Acquisition Corp. Completes Initial Public Offering
NEW YORK, April 5, 2006 (PRIMEZONE) -- Phoenix India Acquisition Corp. (OTCBB:PXIAU) announced today that it consummated its initial public offering of 7,079,687 units on April 5, 2006, which amount included the exercise in full of the underwriters' over-allotment option. Each unit consists of one share of common stock and one warrant. The units were sold at an offering price of $8.00 per unit. The initial public offering, together with the Company's recently announced private placement, generated aggregate gross proceeds of $57,387,496 to the Company. Rodman & Renshaw, LLC acted as lead manager and I-Bankers Securities, Inc. acted as co-manager of the initial public offering.
Jobing.com Acquires HoustonEmployment.com
HOUSTON, April 5, 2006 (PRIMEZONE) -- Jobing.com, LLC, the nation's largest locally focused employment website, announced today the finalization of its acquisition of Houston, Texas-based HoustonEmployment.com, the leading local employment site in the Houston metropolitan area. Financial terms of the deal were not disclosed. The acquisition and integration of HoustonEmployment.com into the Jobing.com family is the first of several planned expansions for the local job board into major cities throughout the State of Texas.
Daka Designs Ltd.
'No Hands Needed' Cordless One Touch Can Opener Revolutionizes Kitchen Gadgets
HONG KONG, April 5, 2006 (PRIMEZONE) -- Daka Designs has produced the world's first cordless "hands free" can opener, a simple to use kitchen tool that will be a boon to homeowners and kitchen workers of all kinds. Whether you're a bon savant in the kitchen, a beginning cook, a harried homemaker or an avid camper/boater, this device promises to make life a whole lot easier, starting from the moment you put the can to The One Touch(tm) Can Opener from Daka Designs.
Entourage Mining Ltd.
Investology Research Issues Report on Entourage Mining Ltd.
VANCOUVER, British Columbia, April 5, 2006 (PRIMEZONE) -- Entourage Mining Ltd. ("Entourage" or the "Company") (OTCBB:ETGMF) announced today that Investology Inc. has initiated its analyst research coverage of the Company's shares. The complete report, together with attendant risk factors, as well as additional information about Investology Inc. is available at www.investologyinc.net.
Northrop Grumman Corp.
Northrop Grumman Hosts Technology Forum for Government Customers
MELBOURNE, Fla., April 5, 2006 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) hosted a customer review of its technology portfolio at a two-day Technology Forum here on March 28-29. The forum provided a venue for Northrop Grumman to interact with its customers on current and future needs and provided an opportunity to showcase the latest company-developed technologies.