latest news releases from the newsroom
Gwinnett Innovation Challenge
Gwinnett Innovation Challenge 2007 to Award Over $105,000 to Gwinnett Entrepreneurs
NORCROSS, Ga., Feb. 16, 2007 (PRIME NEWSWIRE) -- There is still time to enter the Gwinnett Innovation Challenge 2007, www.gwinnettinnovationchallenge.com, a business plan contest with over $105,000 in prize money, services and software. Entrepreneurs, inventors, students and management teams have over three weeks left to submit their plan by the March 11, 2007 deadline. The Challenge, designed to encourage and recognize innovative new business ventures, is open to companies and business plan teams with ties to Gwinnett County and less than two million in annual revenues.
CommunitySouth Bank & Trust
CommunitySouth Announces Record Financial Performance in 2006
EASLEY, S.C., Feb. 16, 2007 (PRIME NEWSWIRE) -- CommunitySouth Bancshares, Inc. (OTCBB:CBSO), parent company of CommunitySouth Bank & Trust, serving the Upstate of South Carolina, today announced that net income for the year ended December 31, 2006 was $1.2 million, or $0.22 per diluted share, compared to a net loss of $615,600, or $0.13 per diluted share, for the previous year ended December 31, 2005.
OpenVZ Open Source Software Virtualization Project Has Great 2006
HERNDON, Va., Feb. 16, 2007 (PRIME NEWSWIRE) -- The open source project OpenVZ (www.openvz.org) delivered some 50 software updates, and in total more than 2 terabytes of its virtualization software were downloaded in 2006 by the user community, the project announced today. The operating system server virtualization software technology helps increase server utilization rates.