latest news releases from the newsroom
Port of Houston Authority
Homeland Security Delivers $14.6 Million Security Grants to Port of Houston Authority
HOUSTON, Sept. 20, 2005 (PRIMEZONE) -- The U.S. Department of Homeland Security (DHS) recently announced that the Port of Houston Authority (PHA) will receive almost $14.6 million of the nearly $142 million allocation in Round 5 federal port security grants. The PHA will use the funds for intelligent video software for surveillance cameras, access control on the north side of the PHA's Turning Basin, Manchester, and Care terminals, and the installation of closed-circuit television (CCTV) systems at Care and the terminals along the south side of the Turning Basin. All of the funded projects are targeted for completion by December 2007.
Harsco Signs Agreement to Acquire Hunnebeck Group GmbH
HARRISBURG, Pa., Sept. 20, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that it has signed an agreement to acquire the German-based Hunnebeck Group GmbH, Europe's third-largest provider of highly engineered construction formwork and scaffolding access equipment services with more than 60 branches and depots in 12 countries. The proposed cash transaction, which has been approved by Harsco's Board of Directors as well as the management of Sun HB Holdings, LLC, of which Hunnebeck is an affiliate, is valued at EUR 140 million (approximately $170 million). Jefferies and Company, Inc. has acted as financial advisors to Harsco.
Micron Enviro Systems, Inc.
Alberta Oil & Gas Prospect Re-Starts Operations
VANCOUVER, British Columbia, Sept. 20, 2005 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) wishes to report that a new operator has been contracted by MSEV to re-start the operations on the Enchant Prospect in Alberta, Canada. The operator who is based in Calgary and has many years of experience working on oil and gas wells. The operator is to establish a plan of operations going forward with work expected to commence on the well within 2-4 weeks. MSEV has contracted an engineering company, also based out of Calgary, to provide a reserve report on the well. MSEV has a net revenue interest of 25% on this prospect, which is the largest of any of MSEV's oil and gas prospects.
Oakley Appoints Scott Olivet Chief Executive Officer and Director, Effective October 10, 2005
FOOTHILL RANCH, Calif., Sept. 20, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced the appointment of Scott Olivet as chief executive officer and director effective October 10, 2005. Until such date, he will serve part-time in an advisory capacity as an employee of the company. Mr. Olivet will succeed Oakley, Inc. founder, Chairman and Chief Executive Officer Jim Jannard who will continue as chairman of the board of directors.