latest news releases from the newsroom
BiPar Sciences Receives 2008 Emerging Technology Award in Biotechnology
BRISBANE, Calif., Dec. 10, 2008 (GLOBE NEWSWIRE) -- BiPar Sciences, Inc., a privately held biopharmaceutical company developing PARP inhibitors as novel cancer therapies, has received the 2008 Emerging Technology Award for Biotechnology from the Silicon Valley/San Jose Business Journal. BiPar was selected as the first place winner in the biotechnology category for the company's pioneering work with poly (ADP-ribose) polymerase (PARP) inhibitors, a targeted therapeutic approach to treating triple negative breast and other solid tumor cancers by preventing cancer cells from repairing their own damaged DNA.
EnerBrite Technologies Group, Inc.
EnerBrite Technologies Announces Closing On Agreement to Acquire Rebel Oil Company
LAS VEGAS, Dec. 10, 2008 (GLOBE NEWSWIRE) -- EnerBrite Technologies Group, Inc. (Pink Sheets:ETGG) announces the December 8, 2008 closing of an agreement to acquire 100% of the shares of Rebel Oil Company. The Company's core business will move from the energy management business to the energy production business. Pursuant to the Revised and Restated Acquisition Agreement and Plan of Share Exchange, the Company owns 100% of an operating, producing oil field located in Johnson County, Kentucky.
Perf Go Green
Lehigh Valley Hospital and Health Network Goes Green in Perf Go Green's First Major Hospital Conversion
NEW YORK, Dec. 10, 2008 (GLOBE NEWSWIRE) -- Perf Go Green Holdings, Inc. ("Perf Go Green") (OTCBB:PGOG) (www.perfgogreen.com), a marketer and distributor of biodegradable plastics, today announced the company's first major hospital conversion with Lehigh Valley Hospital and Health Network (LVHHN) in Pennsylvania. Beginning in December, LVHHN will use Perf Go Green's trash bags in all of its hospital and health services facilities. LVHHN's three hospitals have a combined total of nearly 1,000 beds, 1,100 physicians on staff, 1,900 registered nurses and are the area's largest employers with a work force of more than 9,500.
Energy XXI Receives Borrowing Base Redetermination
HOUSTON, Dec. 10, 2008 (GLOBE NEWSWIRE) -- Energy XXI (Bermuda) Limited (Nasdaq:EXXI) (LSE:EXXI) today announced completion of its customary semi-annual redetermination of the borrowing base under its revolving credit facility, which has been set at $400 million. Current borrowings under the facility, which matures June 8, 2011, total $280 million. Excluding Lehman Brothers' $12 million committed but unfunded share of the borrowing base, $388 million is currently available. In addition to its borrowing capacity, the company has $102 million of cash on hand.