latest news releases from the newsroom
DXP Enterprises, Inc.
DXP Enterprises Announces Third Quarter Results Net Income Increases 14%
HOUSTON, Oct. 28, 2004 (PRIMEZONE) -- DXP Enterprises, Inc. (Nasdaq:DXPE) today announced net income of $743,000 for the third quarter ending September 30, 2004, with diluted earnings per share of $.13 compared to net income of $652,000 and diluted earnings per share of $.13 for the third quarter of 2003. Sales increased 6.2% to $42.9 million from $40.4 million for the third quarter of last year. Increased shipments to the oil and gas industries account for the increase in sales. Gross profit was negatively impacted by pipe supplier problems and the timing of passing on vendor price increases to our customers.
Powerwave Technologies Presenting at The Morgan Stanley Conference
SANTA ANA, Calif., Oct. 28, 2004 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) today announced that on November 1, 2004, Powerwave will be making a presentation to the investment community at the Morgan Stanley Software, Services, Internet & Networking Conference in Scottsdale, Arizona. The Company's presentation reviews Powerwave's strategy within the wireless infrastructure industry, as well as potential market opportunities and historical financial results.
MotivNation, Inc. Announces Cooperation with DeVilbiss Automotive Refinishing to Promote the New Tom Prewitt Signature Series PLUS 'Aces Wild' Spray Gun
IRVINE, Calif., Oct. 28, 2004 (PRIMEZONE) -- MotivNation, Inc. (OTCBB:MOVN), an Orange County, California-based provider and manufacturer of "tools and toys for the automotive enthusiast," announced today that MotivNation will work with DeVilbiss Automotive Refinishing to promote the distribution of the new Tom Prewitt signature series PLUS(tm) "Aces Wild" Spray Gun. The Limited Edition gun will be introduced at the SEMA show in the Las Vegas convention center on November 2, 2004.
CDMA Development Group
Moscow Workshop Explores Development and Implementation of CDMA2000
COSTA MESA, Calif., Oct. 28, 2004 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) today announced that more than 130 operators, equipment vendors, government officials and press attended a workshop titled, "IMT- MC Cellular Communications: Development Perspectives in Russia," co-organized by the CDG with the Third Generation Telecommunication Networks Operators Association (3G Association) (www.a3g.ru) and the International 450 Association (IA 450) (www.450world.org) to discuss the progress and opportunities for CDMA2000(R) in Russia.