latest news releases from the newsroom
FreeSeas Inc. Announces Commencement of Two-Year Time Charter for Free Goddess
PIRAEUS, Greece, Dec. 4, 2007 (PRIME NEWSWIRE) -- FreeSeas Inc. (Nasdaq:FREE), (Nasdaq:FREEW), (Nasdaq:FREEZ) ("FreeSeas" or "the Company"), a provider of seaborne transportation for drybulk cargoes, announced today that the Free Goddess, a 1995-built, 22,051 dwt Handysize vessel, has been delivered to its charterer for a previously announced two-year charter at a rate of $19,250 per day.
Shazamstocks.com Announces Profile Launch of Edgeline Holdings, Inc.
WELLINGTON, Fla., Dec. 4, 2007 (PRIME NEWSWIRE) -- Ken Weiner, publisher of Shazamstocks.com, today announced profile coverage of Edgeline Holdings, Inc. (OTCBB:ELHI)The Profile is a comprehensive look at the company's growth initiative. You can view the complete profile at http://www.shazamstocks.com/profiles/elhi/index.php.
Foundry Networks, Inc.
Photo Release -- Foundry Networks Helps Propel Record Traffic At the World's Largest Public Internet Exchange
SANTA CLARA, Calif. and AMSTERDAM, The Netherlands, Dec. 4, 2007 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that the world's largest public Internet Exchange Point (IXP), the Amsterdam Internet Exchange (AMS-IX), selected the NetIron(r) MLX-32 metro routers for their powerful switching capabilities to keep up with the organization's documented 100 percent year-over-year Internet Protocol (IP) traffic growth. With the surging growth of Internet traffic pushing overall used capacity through the 350 Gbps threshold at the end of October, AMS-IX required the most powerful switching platform available to provide their multifaceted infrastructure with long-term scalability, simplified network management, high reliability, and protection for their long-term equipment investment.
Emulex LightPulse HBAs Selected by Sun Microsystems for Its Netra Family of Carrier Grade Blade Servers
COSTA MESA, Calif., Dec. 4, 2007 (PRIME NEWSWIRE) -- Emulex Corporation (NYSE:ELX) today announced its LightPulse(r) Fibre Channel Host Bus Adapters (HBAs) have been selected by Sun Microsystems for its new Netra(tm) family of carrier grade blade servers. The new Sun StorageTek(tm) 4Gb/s Fibre Channel ATCA HBAs, which are based on the Emulex 4Gb/s LightPulse LPe11000 HBA family, offer a highly integrated connectivity solution ideal for telecommunications companies deploying the Sun Netra platform within a storage area networking (SAN) environment.
Northrop Grumman Corp.
Northrop Grumman Corporation's LITENING Advanced Targeting System Achieves Operational Availability Milestone
ROLLING MEADOWS, Ill., Dec. 4, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) today announced that the LITENING Advanced Targeting (AT) has achieved more than two years of operational availability consistently above 95 percent among all U.S. customers. LITENING AT systems are currently deployed with the U.S. Air Force Reserve Command, Air National Guard, Marine Corps, Air Combat Command and coalition forces.
Gevity HR, Inc.
Gevity Announces 28th Consecutive Quarterly Dividend
BRADENTON, Fla., Dec. 4, 2007 (PRIME NEWSWIRE) -- Gevity (Nasdaq:GVHR), which serves as the full-service human resources department for small and mid-sized businesses, declared a dividend of $0.09 per share of common stock, payable on January 31, 2008 to shareholders of record on January 15, 2008.