latest news releases from the newsroom
Memeo Expands Its Distribution Channels With support.com
ALISO VIEJO, Calif., June 4, 2007 (PRIME NEWSWIRE) -- Memeo Inc., a worldwide provider of digital life and information management solutions for the consumer and business markets, today announced it has expanded into new distribution channels through an alliance with SupportSoft Inc., (Nasdaq:SPRT), which provides consumers with Instant Technology Relief(sm) from their frustrating computer problems. SupportSoft chose Memeo's high performance content management and data protection software, AutoBackup 2.0, as the backup solution to be offered with support.com's new Data Backup Service. support.com's Data Backup Service offers consumers advice about the best backup plan for their needs and performs a backup of the customer's precious digital content such as photos, videos or music.
Tyson Foods, Inc.
Tyson Foods Powers Fight Against Hunger in California With Largest Single Protein Donation
SPRINGDALE, Ark., June 4, 2007 (PRIME NEWSWIRE) -- The largest single protein donation made in California will help ensure those in need have more to eat, thanks to Tyson Foods and its team members. In anticipation of National Hunger Awareness Day on June 5, Tyson announced plans today to donate more than 600,000 pounds of protein over the next two weeks to 17 California food bank members of America's Second Harvest -- the Nation's Food Bank Network. The donations will be delivered by Tyson trucks and company team members who will be on site to help with the unloading.
Cubic Energy, Inc.
Cubic Energy, Inc. Provides Update On S.E. Johnson 20 No. 1
DALLAS, June 4, 2007 (PRIME NEWSWIRE) -- Cubic Energy, Inc. (OTCBB:QBIK) ("Cubic" or the "Company") announces that pursuant to the field test report of the Louisiana Conservation Commission, the S.E. Johnson 20 No. 1 located in DeSoto Parish, Louisiana had an aggregate initial production of approximately 1,840 Mcf per day from the Hosston and Cotton Valley zones.
Auto Underwriters of America, Inc.
Auto Underwriters Negotiates Financing
HOUSTON, June 4, 2007 (PRIME NEWSWIRE) -- Auto Underwriters of America, Inc. (OTCBB:ADWT), a non-prime vehicle lender and specialty auto retailer, has executed a non binding term sheet out lining the terms and conditions of a credit facility with an institutional investment firm for a three part financing package totaling $46 million. Such credit facility consists of a $24 million revolving credit facility, a $2,000,000 floor plan facility and up to a $ 20 million dollar term loan. The definitive agreements are currently being prepared and negotiated by the parties.