latest news releases from the newsroom
QLogic Announces SANbox 9000 Series Director Switches Available From Hitachi Data Systems
ALISO VIEJO, Calif., July 16, 2007 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced that its enterprise class SANbox(r) 9000 Series Fibre Channel director switches are now available from Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd. (NYSE:HIT), and authorized Hitachi Data Systems resellers. The SANbox 9000 Series is a new class of director switch that takes less rack space, power and cooling than any other director switch available today, all at a fraction of the cost.
Lake City Bank
Lake City Bank Reports Record Net Income
WARSAW, Ind., July 16, 2007 (PRIME NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported record quarterly net income of $5.3 million for the second quarter of 2007, an increase of 10% over the $4.8 million reported for the second quarter of 2006. On a linked quarter basis, net income also increased 10% versus the first quarter of 2007. Diluted net income per share for the quarter was $0.42 versus $0.39 for the comparable period of 2006 and $0.38 for the first quarter of 2007. Net income of $10.0 million for the six months ended June 30, 2007 also established a record for the period and represented an increase of 6% versus $9.4 million for the six months ended June 30, 2006. Diluted net income per common share was $0.81 for the six months ended June 30, 2007, versus $0.76 for the six months ended June 30, 2006.
ContextWeb ADSDAQ Exchange Rides Bullish Online Advertising Market
NEW YORK, July 16, 2007 (PRIME NEWSWIRE) -- In less than a year, ContextWeb's ADSDAQ(tm) advertising exchange, www.adsdaq.com, has increased its reach and unique impressions by more than 30 percent according to June 2007 trend data released by comScore. ADSDAQ's unique users jumped from a previous high of 54.5 million in May to a record level of 65.1 million unique users in June.
The Inventure Group, Inc.
The Inventure Group, Inc. to Announce Second Quarter 2007 Results On July 26, 2007
PHOENIX, July 16, 2007 (PRIME NEWSWIRE) -- The Inventure Group, Inc. (Nasdaq:SNAK) will release results for the second quarter ended June 30, 2007, on Thursday, July 26, 2007. The Company will also hold a teleconference to discuss the financial results and future plans and prospects.