latest news releases from the newsroom
Imaging3 Featured in Business Journal Article
BURBANK, Calif., May 1, 2006 (PRIMEZONE) -- Imaging3, Inc, (OTCBB:IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, today reports that the company was recently featured in an article in the San Fernando Valley Business Journal. The article emphasized the breakthrough nature of the company's technology.
Cornell Companies, Inc.
Cornell Companies to Release First-Quarter 2006 Financial Results on Tuesday, May 9, 2006
HOUSTON, May 1, 2006 (PRIMEZONE) -- Cornell Companies, Inc. (NYSE:CRN), a leading provider of privatized adult and juvenile correctional, treatment and educational services, will release first-quarter 2006 financial results on Tuesday, May 9, before the New York Stock Exchange trading day begins. The Company will also host a conference call and audio webcast at 10:00 a.m. Central time to discuss the financial results and provide a Company update.
Horizon Offshore Inc.
Horizon Offshore Reports First Quarter Results; Strong Performance Continues; and Outlook Remains Positive
HOUSTON, May 1, 2006 (PRIMEZONE) -- Horizon Offshore, Inc. (OTCBB:HRZO) today reported results for the first quarter of 2006. Net income for the quarter ended March 31, 2006 was $15.5 million, or $0.51 per share-diluted. This compares with a net loss of $(15.5) million, or $(12.01) per share-diluted, for the quarter ended March 31, 2005. Horizon also reported Adjusted EBITDA, as defined below, of $38.5 million for the first quarter of 2006, compared with $0.6 million for the first quarter of 2005. For the three months ended March 31, 2006, gross profit was $38.4 million, or 29.5% of contract revenues of $129.9 million, resulting in operating income of $30.1 million, compared with gross profit of $2.6 million, or 7.0% of contract revenues of $37.3 million, resulting in an operating loss of $(3.0) million, for the three months ended March 31, 2005.
WorldWater & Solar Technologies
WorldWater & Power Corp. and Saint Joseph of the Palisades High School Sign Contract for $1.3 Million Rooftop Solar System
PENNINGTON, N.J., May 1, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced that Saint Joseph of the Palisades High School of West New York, N.J., part of the Archdiocese of Newark, has contracted with WorldWater to purchase electrical energy for 10 years generated by a solar electric system. The solar panel array will be installed on the school's roof. Under WorldWater's Alternative Clean Energy Services (ACES) plan, St. Joseph's will not incur any start-up costs for the installation and the school will receives a 10% discount on their cost for power compared to their electric rate. The installation of the solar energy system at the school guarantees that the school will save money on electric costs immediately and on a long-term basis. The construction value of the project is $1.3 million.
MollyHunter.com Enters the E-Card Market With a Unique New Product
CHICAGO, April 30, 2006 (PRIMEZONE) -- A unique new entrant to the e-card market opened its e-commerce doors today. Molly Hunter E-cards (www.mollyhunter.com) are mini-movies starring two Greater Swiss Mountain Dogs, Jasper and Molly. The animated shorts tell universal stories of love and friendship, and are designed for use as e-cards.
Kahn Swick & Foti, LLC
KGS Announces That Shareholders of TNS, Inc. Have Until June 5, 2006 to File a Motion to Serve as Lead Plaintiff -- TNS
NEW ORLEANS, April 29, 2006 (PRIMEZONE) -- Kahn Gauthier Swick, LLC ("KGS") announces that shareholders of TNS, Inc. (NYSE:TNS) who purchased, exchanged or otherwise acquired the common stock of TNS on or about September 16, 2005 pursuant to the Company's Secondary Offering have until June 5, 2006 in which to move for appointment as lead plaintiff in a securities fraud class action lawsuit currently pending in the United States District Court for the Eastern District of Virginia. No class has yet been certified in this action.