latest news releases from the newsroom
Jordan Kane Floor Coverings, Inc.
Marriott Increases Jordan Kane Contract to $1.53 Million
NEW YORK, April 22, 2005 (PRIMEZONE) -- Jordan Kane Floor Coverings (Pink Sheets:JKFC) is pleased to announce that the $1.2 million contract awarded several months ago by Marriott (NYSE:MAR) has been increased by 27 percent or $330,000. The additional work consists of supplying and installing new Mannington Bamboo flooring in 357 Guestrooms and brings the existing contract with Marriott to over $1.53 million, making it the second largest contract received by Jordan Kane to date behind the $1.9 million contract signed with Time Warner in 2004.
Adsero Corp. - Revised Cash Offer For $160M Global Imaging Company
MONTREAL, April 22, 2005 (PRIMEZONE) -- Following meetings with Turbon management, Adsero Corp. (OTCBB:ADSO) today announced that it has revised its tentative offer to Turbon AG ("Turbon"), to acquire all the outstanding shares of Turbon, a leading global imaging supply company publicly traded on the Frankfurt stock exchange. The aggregate offering price, pursuant to the offer, is approximately US$50.8 million in cash representing US$14.00 for each Turbon share.
Scott + Scott, LLC Announces Additional Information Regarding Lawsuit Against Doral Financial Corp. -- DRL
COLCHESTER, Conn., April 22, 2005 (PRIMEZONE) -- Scott + Scott, LLC, which announced Wednesday that it was filing a class action securities fraud case against the Doral Financial Corp (NYSE:DRL) and certain individual defendants and earlier today announced the extension of the class period, states that the first case on file against Doral was brought yesterday in the United States District Court for the Southern District of New York by Scott + Scott, LLC and the case number of this filing is 05-cv-4026. A copy of this complaint can be obtained directly from the Court or by contacting Scott + Scott, LLC.
Interactive Motorsports and Entertainment Corp.
NASCAR Silicon Motor Speedway Supports 2005 NASCAR Day Program
INDIANAPOLIS, April 22, 2005 (PRIMEZONE) -- NASCAR Silicon Motor Speedway, leaders in providing fans with simulated racing experience, is offering special NASCAR Day discounted packages between now and May 20, as well as a chance to win a Les Paul guitar donated by Gibson Guitars and autographed by Richard Petty, Bobby Labonte, Rusty Wallace and Kasey Kahne, it was announced by William R. Donaldson, Chairman and CEO of Interactive Motorsports and Entertainment Corp. (OTCBB:IMTS). NSMS Racing Centers simulate the motions, sights and sounds of an actual NASCAR Nextel Cup Race. In addition to receiving a collectible lapel pin, NASCAR Day packages at participating NSMS Racing Centers include simulator rides where fans will actually feel the centrifugal force of a turn, as well as the acceleration and speed of an actual race. It is as real as it gets!
Aaron Rents, Inc.
Photo Release -- Aaron's Annual Managers' Meeting Honors Founder and CEO R. Charles Loudermilk, Sr.
ATLANTA, April 22, 2005 (PRIMEZONE) -- Aaron Rents, Inc. (NYSE:RNT), the nation's leader in the rental, sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics, home appliances and accessories, today announced the successful completion of its Annual Managers' Meeting, which culminated with a celebration of the 50 years of leadership provided by Founder and CEO R. Charles Loudermilk, Sr. and provided conference attendees with the roadmap to accomplish the goal of growing at the same rate over the next five years as it took the Company the previous fifty years to achieve.