latest news releases from the newsroom
Enigma Software Group, Inc.
Enigma Software Group Announces New, Innovative Online Polling And Internet Base Survey Software
NEW YORK, July 13, 2004 (PRIMEZONE) -- Enigma Software Group, Inc., a diversified technology and services company that creates and develops Internet Privacy Protection and Computer Security Software & Applications for Internet users, today released a new innovative Online Polling and Internet based Survey software -- SoftVote V1.0 for the upcoming Presidential Election and its related issues. Whether it is the incumbent George Bush, the challengers John Kerry or Ralph Nader, Americans will get a chance to select their favorite leadership candidates by downloading SoftVote 1.0 at www.softvote.com . Vote Today!
Occidental Petroleum Corp.
Arbitration Panel Ruling Favors Occidental in Ecuador Tax Dispute
LOS ANGELES, July 13, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that a tribunal of international arbitrators formed under the US-Ecuador Bilateral Investment Treaty has issued its unanimous decision awarding approximately $75 million as compensation for value added tax (VAT) refunds from the company's Block 15 operations in Ecuador that were deemed wrongfully withheld by the Government of Ecuador through December 31, 2003. The tribunal's decision also indicates that similar VAT refunds should be paid going forward. An Occidental subsidiary is the operator of Block 15, with a 60% net economic interest.
Transmeridian Exploration, Inc.
Transmeridian Announces Opening of Office in Azerbaijan
HOUSTON, July 13, 2004 (PRIMEZONE) -- Transmeridian Exploration, Inc. (OTCBB:TMXN) today announced the opening of its operating office in Baku, Azerbaijan. The company has initiated due diligence studies aimed at securing a Production Sharing Agreement with the national oil company SOCAR for the exploration, rehabilitation and development of petroleum properties in Azerbaijan.
Paramco Financial Group, Inc.
Paramco Signs Letter of Intent for a New Mortgage Joint Venture and Appoints New President for Subsidiary
DENVER, July 13, 2004 (PRIMEZONE) -- Paul S. Sidey, President of Paramco Financial Group, Inc. (OTCBB:PFDE), a financial services firm, announced today the appointment of Mike Roth as the new President of Paramco Mortgage, a subsidiary of Paramco Financial Group, Inc. Mr. Roth, already a Director, will be replacing Douglas Gregg, who is stepping down as president of the subsidiary due to health reasons.
First Commerce Bancorp
First Commerce Bancorp Reports First Half Profits
ENCINO, Calif., July 13, 2004 (PRIMEZONE) -- First Commerce Bancorp (OTCBB:FCCC) today announced that net income for the six months ended June 30, 2004 was $903,000, or $0.10 per diluted share. This compares with net earnings of $576,000, an increase of 57%, or $0.07 per diluted share for the six months ended June 30, 2003. Net income for the quarter ended June 30, 2004 was $459,000 or $0.05 per diluted share compared to net income of $310,000 or $0.03 per diluted share for the same period last year.