latest news releases from the newsroom
SimpleTech to Present at the 33rd Annual S.G. Cowen Technology Conference
SANTA ANA, Calif., May 25, 2005 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), a technology leader in the design, development, manufacturing and marketing of DRAM- and Flash-based memory solutions and external storage solutions, announced today that the company's Chairman and Chief Executive Officer, Manouch Moshayedi, will present at S.G. Cowen's 33rd Annual Technology Conference on Thursday, June 2, 2005, at 8:30 a.m. Eastern. The Conference is being held at The Westin Times Square in New York City.
Imagis Announces Closing Financing
VANCOUVER, British Columbia, May 25, 2005 (PRIMEZONE) -- Imagis Technologies Inc. ("Imagis") (OTCBB:IMTIF) (TSX-V:WSI) (XETRA:IGYA) announced today that it has closed the brokered private placement announced in a series of news releases dated April 5, April 14 and April 21, 2005. The private placement consists of 4,250,000 Units at $0.40 per Unit, totaling cash proceeds of $1.7 million less cash commissions of $110,000 and costs of $20,165 for net cash proceeds of $1,569,835. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share ("warrant share"), in the capital of Imagis at an exercise price of $0.55 until May 24, 2006. The common shares and warrant shares are subject to a four-month hold period, which expires on September 24, 2005.
Ernst & Young
Finalists for Ernst & Young Entrepreneur Of The Year Awards Announced in the Metro New York Area
NEW YORK, May 25, 2005 (PRIMEZONE) -- Professional services firm Ernst & Young LLP announced today the finalists for the Ernst & Young Entrepreneur Of The Year(r) Awards 2005 in the metro New York area. The 31 finalists from 24 companies were selected from nearly 50 nominations and inquiries, by a panel of independent judges comprised of area business leaders. The judges included: Mr. James Furnivall, General Partner, Canaan Partners, CT; Mr. Christopher Duda, Vice President, Goldman Sachs & Co., NY; Mr. Irwin Simon, President & CEO, Hain Celestial Group, Inc., Long Island; Ms. Natalie Wood, Managing Director, Global Sales, Nasdaq Stock Market, NY; and Mr. Frank Morse, Managing Director, Carter Morse & Mathias, CT. Winners will be announced at an awards banquet on June 15th at the New York City Grand Hyatt.
Wolverine Tube Inc.
Wolverine Tube Announces End To Montreal Plant Strike
HUNTSVILLE, Ala., May 25, 2005 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) announced today that the unionized employees at its Montreal, Quebec facility ratified a new three-year labor agreement. The employees are members of the United Steelworkers of America Local 6932, known locally in Quebec as the FTQ-Syndicat des Metallos.
Cyberhand Technologies International Inc.
Cyberhand Technologies International, Inc. Launches CT4700 Wireless PDA and Smartphone Keyboard to Top U.S. Retailers
CALGARY, Alberta, May 25, 2005 (PRIMEZONE) -- Cyberhand Technologies International, Inc. (Pink Sheets:CYHD), a leading computer peripheral design company specializing in innovative wireless ergonomic products for mobile and desktop users, announced that it has shipped ahead of Retail Vision in order to close all orders in advance of the electronics show. Cyberhand's Pocketop MP00018 wireless keyboard has already sold over 400,000 units in the same vertical market with these retailers. A full marketing report will be provided within one month that will serve as a basis to develop a detailed roll-out strategy for all of the selected retailers and the new product lineup.
Lead Plaintiff Deadline Approaching in Class Action Lawsuit Against Tribune Company -- TRB
NEW YORK, May 25, 2005 (PRIMEZONE) -- Investors have until July 1, 2005 to seek appointment by the Court as lead plaintiff in the class action lawsuit against the Tribune Company ("Tribune" or the "Company") (NYSE:TRB). Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) filed a class action lawsuit on May 5, 2005 in the United States District Court, Northern District of Illinois, on behalf of purchasers of Tribune securities during the period from January 24, 2002 through July 15, 2004, inclusive (the "Class Period").
Scott + Scott, LLC Files First Class Action Lawsuit against Cray Inc. -- CRAYE
SAN DIEGO, May 25, 2005 (PRIMEZONE) -- Scott + Scott, LLC (http://www.scott-scott.com) filed a class action in the United States District Court for the District of Washington on behalf of the purchasers of Cray Inc. (Nasdaq:CRAYE) ("Cray" or the "Company") securities between July 31, 2003 and May 12, 2005, inclusive (the "Class Period"). Cray is engaged in the design, development, marketing and support of high-performance computer systems, commonly known as supercomputers.