latest news releases from the newsroom
COPsync Completes Windows Vista Compatibility Testing
CANYON LAKE, Texas, Sept. 24, 2008 (GLOBE NEWSWIRE) -- COPsync, Inc. (OTCBB:COYN), a software technology provider to law enforcement and emergency service professionals, is pleased to announce that their state-of-the-art law enforcement product, COPsync(tm), has completed compatibility testing on the Microsoft Windows Vista operating system.
EDAP TMS SA
EDAP Expands Global Sales Force
LYON, France, Sept. 24, 2008 (GLOBE NEWSWIRE) -- EDAP TMS SA (Nasdaq:EDAP), the global leader in therapeutic ultrasound, announced today the expansion of its sales team operations in Italy, France, Spain and Latina America through the addition of three experienced sales managers.
Futuremedia Announces Sale of e-Learning Division
BRIGHTON, England, Sept. 24, 2008 (GLOBE NEWSWIRE) -- Futuremedia plc (OTCBB:FMDAY), a leading design, exhibition and events agency, announced today that it has agreed to accept the acquisition bid on its e-learning division (FM Learning) by Edvantage Group (an e-learning company based in Oslo, Norway). The selling of FM Learning, to Edvantage Group offers Futuremedia (and Button Group subsidiary) the unique opportunity to focus on its core business in the exhibition and events industry. The terms of the agreement between Futuremedia and Edvantage Group allows Futuremedia to retain a minority position in the acquiring entity (Edvantage Group) aside from undisclosed cash payments that Futuremedia receives over the next ninety days.
E*Assist Provides Panacea to Advisors in Volatile Markets
NEW YORK, Sept. 24, 2008 (GLOBE NEWSWIRE) -- Increasing market woes have left advisors struggling to retain and pacify clients as a growing number of investors looks to abandon ship. At IMPACT 2008, E*Assist, a provider of business growth and compliance management solutions for the financial advisor community, will feature the "Advanced Client Analytics" component of its technology platform in response to growing market demand. IMPACT 2008 is Schwab's industry event for independent investment advisors.
Medicis Pharmaceutical Corporation
Medicis Announces Intent to Restate Financial Statements
SCOTTSDALE, Ariz., Sept. 24, 2008 (GLOBE NEWSWIRE) -- Medicis (NYSE:MRX) today announced that the Audit Committee of its Board of Directors concluded that the Company's financial statements for the annual, transition and quarterly periods in fiscal years 2003 through 2007 and the first and second quarters of 2008, will likely need to be restated and should no longer be relied upon as well as Ernst & Young LLP's reports on the financial statements and effectiveness of internal control over financial reporting for the related periods. The restatement relates to a modification in the Company's technical interpretation of the generally accepted accounting principles relating to sales return reserve calculations. The Company's prior accounting method, with respect to sales return reserves, accrued returns at replacement cost rather than deferring the gross sales price, based on the Company's view of the economic impact of returns on its business. In connection with the restatement, the Company is in the process of revising its reserve calculations to defer the gross sales value of the returned product.