latest news releases from the newsroom
StockGuru.com Announces Profile Coverage for Paradigm Tactical Products
DALLAS, Sept. 1, 2005 (PRIMEZONE) -- John Pentony, publisher of StockGuru.com, announced today that the web site has initiated profile coverage for Paradigm Tactical Products, Inc. (Pink Sheets:PDGT). Paradigm Tactical Products, based in Georgetown, Massachusetts, is a leading provider of non-lethal defense and homeland security solutions to corrections, law enforcement, and security industry. The Company acquired the exclusive transferable license to manufacture, market, and sell the FriskerPro(r), the only patented, hand-worn metal detection device. As the heightened attentiveness to terrorist and other security threats continues to increase, Paradigm Tactical is ramping up their production and marketing efforts to meet the higher demand for security and inspection systems. The Company has sold over 2,000 FriskerPro(r) hand-worn metal detectors and the FriskerPro(r) is currently being used or tested by 13 federal departments and agencies, six state law enforcement and correctional agencies, and eight local agencies.
MQ Associates, Inc.
MQ Associates, Inc. and MedQuest, Inc. Announce Extension of Consent Solicitations
ALPHARETTA, Ga., Sept. 1, 2005 (PRIMEZONE) -- MQ Associates, Inc. ("MQ Associates") and MedQuest, Inc. ("MedQuest" and, together with MQ Associates, the "Company") today announced that they are each extending the expiration date for the previously announced consent solicitations to seek certain amendments to (i) the outstanding 121/4% Senior Discount Notes due 2012 of MQ Associates (the "12 1/4% Notes") and the related indenture dated as of August 24, 2004, and (ii) the outstanding 11 7/8% Senior Subordinated Notes due 2012 (the "11 7/8% Notes" and, together with the 12 1/4% Notes, the "Notes") of MedQuest and the related indenture dated as of August 15, 2002.
First Security Group, Inc.
First Security Group, Inc. Completes Acquisition of Jackson Bank & Trust
CHATTANOOGA, Tenn., Sept. 1, 2005 (PRIMEZONE) -- First Security Group, Inc. (Nasdaq:FSGI) today announced the completion of its acquisition of Jackson Bank and Trust (Jackson Bank), a 5-branch community bank headquartered in Gainesboro, Tennessee. First Security acquired 100% of the outstanding stock of Jackson Bank for $92.39 per share in cash, or approximately $33.3 million excluding acquisition costs, which was funded through a public offering of First Security's common stock on August 10, 2005. With the addition of Jackson Bank's approximately $170 million in assets, First Security's total assets will exceed $1 billion.
Triton Technologies to Begin Energy Commander Installations in the Fourth Quarter
RESTON, Va., Sept. 1, 2005 (PRIMEZONE) -- Triton Technologies (Pink Sheets:TNTG) today announced that the Company will begin installing its revolutionary Energy Commander (EC) hydropower systems in select demonstration sites in the 4th Quarter of 2005. The Company's licensed technology utilizes volume and pressure from water, air or gas such as city water mains; industrial pipelines and other available yet wasted flow sources, to create electricity.
Pacific Sunwear of California, Inc.
Pacific Sunwear Reports Total August Sales Increase 10.9 Percent, Same Store Sales Increase 2.6 Percent
ANAHEIM, Calif., Sept. 1, 2005 (PRIMEZONE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total sales for the four weeks of fiscal August, ending August 27, 2005 were $175.7 million, an increase of 10.9 percent over total sales of $158.4 million during the same period last year. Total Company same store sales increased 2.6 percent during the same period. By concept, PacSun same store sales increased 3.2 percent and d.e.m.o. same store sales decreased 3.1 percent compared to the same four week period last year.
Discovery Laboratories, Inc.
New Health Economic Data Shows Cost Benefit in Using Surfaxin in RDS Babies
WARRINGTON, Pa., Sept. 1, 2005 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) announces the results from a comparative pharmacoeconomic analysis of Surfaxin(r) (lucinactant) versus leading animal-derived surfactants (Survanta(r) and Curosurf(r)) in the prevention of Respiratory Distress Syndrome (RDS) in premature infants. The data was presented at the 46th Annual Meeting (August 31 -- September 3) of the European Society for Paediatric Research (ESPR) in Siena, Italy.
Semcon Chosen as Preferred Supplier by Gambro
GOTEBORG, Sweden, Sept. 1, 2005 (PRIMEZONE) -- Semcon has signed a framework agreement with Gambro Lundia AB, where Semcon has been chosen as the preferred supplier for design, development and technical information.