latest news releases from the newsroom
Pioneer Companies, Inc.
Pioneer Announces 2007 Second Quarter Results
HOUSTON, Aug. 9, 2007 (PRIME NEWSWIRE) -- Pioneer Companies, Inc. (Nasdaq:PONR) today reported net income of $5.0 million, or $0.42 per diluted share, on revenues of $130.3 million for the three months ended June 30, 2007. This compares to net income of $15.4 million, or $1.30 per diluted share, on revenues of $132.5 million for the second quarter of 2006. For the six months ended June 30, 2007, Pioneer's net income was $12.3 million, or $1.03 per diluted share, on revenues of $252.7 million, as compared to net income of $31.5 million, or $2.65 per diluted share, on revenues of $267.4 million for the six months ended June 30, 2006.
The Savannah Bancorp, Inc.
The Savannah Bancorp Adds to Strength and Depth of Management Team
SAVANNAH, Ga., Aug. 9, 2007 (PRIME NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) announces the successful execution of a management expansion strategy developed earlier this year. This strategy will allow the Company to take full advantage of the growth opportunities in its markets and support the sustainability of the Company and its initiatives as it moves toward the billion dollar in assets benchmark.
Competitive Technologies, Inc.
Competitive Technologies Adds InnovaSafe to Market BioEscrow Deposit Service
FAIRFIELD, Conn., Aug. 9, 2007 (PRIME NEWSWIRE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that an agreement has been signed with InnovaSafe, Inc. sublicensing to them the worldwide rights to exclusively market BioEscrow(r) to law firms and life science, biotechnology, and pharmaceutical businesses. CTT will retain the rights to market directly to academic research institutions. BioEscrow, a biological material deposit service, is an alliance between CTT and American Type Culture Collection (ATCC). ATCC will continue to act as the escrow agent for BioEscrow.