latest news releases from the newsroom
Armor Electric Inc.
Armor Electric Inc. Announces Mexico City Pedi-Cab Contracts Delivered for Approval
SOLANA BEACH, Calif., Aug. 16, 2006 (PRIMEZONE) -- Armor Electric Inc. (OTCBB:ARME) announced today that the blanket purchase agreement and corresponding contract for four hundred electric propulsion units and sixty vehicle components has been delivered to the Mexico City management group for review and approval. Upon contractual approval, production ramping will begin and follow-on orders will be placed.
McDATA Partners to Help Customers Optimize Storage Environments
BROOMFIELD, Colo., Aug. 16, 2006 (PRIMEZONE) -- Companies store and manage large amounts of data, but obtaining meaningful usage statistics for all of the data is difficult, creating a "performance visibility gap". Today, McDATA Corporation (Nasdaq:MCDTA) (Nasdaq:MCDT), the leading provider of data access solutions, and IntelliMagic, a leading provider of products for analysis and modeling of storage systems, announced a strategic reseller partnership that will help companies maximize the performance and utilization of their storage environments. IntelliMagic's software is the only performance management/capacity planning software on the market to address this visibility gap. Through this reseller relationship, McDATA can better meet the requirements and deliver more value to its large, global customer base.
Creandum Advisor AB
Colochrome Secures Financing for Global Market Entry
STOCKHOLM, Sweden, Aug. 16, 2006 (PRIMEZONE) -- Colochrome Ltd, a Finnish manufacturer of high quality PINTA(TM) protective lenses for mobile handsets and hand-held electronic devices, today announced the successful conclusion of a Series A financing round with leading Nordic Venture Capital funds Eqvitec Technology Fund III and Creandum. The arrangement also includes debt financing from the OP Bank Group. The new funding will be used to ramp up manufacturing capacity and to bring Colochrome's line of PINTA(TM) products to the rapidly growing market of protective windows.
First California Financial Group, Inc.
National Mercantile to Restate Financial Statements from 2003 to Present Due to Technical Interpretation of Accounting for Derivative Transactions
LOS ANGELES, Aug. 15, 2006 (PRIMEZONE) -- National Mercantile Bancorp (Nasdaq:MBLA), the holding company for Mercantile National Bank and South Bay Bank, N.A., today announced that it will restate its financial statements for 2003, 2004, 2005, and the first quarter of 2006, to conform to recent technical interpretations to the accounting requirements under SFAS 133, "Accounting for Derivative Instruments and Hedging Activities."
MicroIslet Announces Delay in Filing of Quarterly Report on Form 10-QSB for the Second Quarter Ended June 30, 2006
SAN DIEGO, Aug. 15, 2006 (PRIMEZONE) -- MicroIslet, Inc. (AMEX:MII), a biotechnology company engaged in the research, development and commercialization of patented technologies in the field of transplantation therapy for people with insulin-dependent diabetes, today announced that it will not file its Quarterly Report on Form 10-QSB for the period ended June 30, 2006 with the Securities and Exchange Commission by August 14, 2006. The company filed today a Form 12b-25 (Notification of Late Filing) with the SEC seeking a 5-day extension to file its Quarterly Report on Form 10-QSB.
Hancock Holding Company
Hancock Holding Company Increases Quarterly Dividend
GULFPORT, Miss., Aug. 15, 2006 (PRIMEZONE) -- Hancock Holding Company (Nasdaq:HBHC) today announced that the company's board of directors approved a regular third quarter 2006 common stock cash dividend of $0.24 per share -- a per share increase of $0.02, or 9 percent from the previous quarter's regular common stock cash dividend.
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast Its August 22, 2006 Third Quarter 2006 Earnings Conference Call Live
HORSHAM, Pa., Aug. 15, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its third quarter 2006 earnings results and outlook for the future. The event, scheduled for 2:00 p.m. (EDT) on Tuesday, August 22, 2006, will follow announcement of the Company's third quarter 2006 results for earnings, revenues, contracts and backlog earlier the same day. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.
Guaranty Federal Bancshares, Inc.
Guaranty Bank Hires New EVP & CLO
SPRINGFIELD, Mo., Aug. 15, 2006 (PRIMEZONE) -- Guaranty Federal Bancshares, Inc. (the "Company") (Nasdaq:GFED), parent of Guaranty Bank (the "Bank"), today announces the addition of H. Michael Mattson as Executive Vice President and Chief Lending Officer. Mike has 27 years of loan experience with 19 of that in the Springfield market. Mike brings with him the experience and knowledge to lead our lenders in the growth of the banks loan portfolio.