latest news releases from the newsroom
Image Sensing Systems, Inc.
Image Sensing Systems Announces Autoscope Wins Another Olympics Contract: Athens 2004
SAINT PAUL, Minn., March 1, 2004 (PRIMEZONE) -- Image Sensing Systems, Inc. (ISS) (Nasdaq:ISNS) announced today that the Autoscope Video Vehicle Detection System has been selected to fulfill the video detection requirements for a new state-of-the-art traffic management system currently being built in Athens, Greece. In recent years, the Ministry of Public Works began a massive reconstruction of the current roadway infrastructure and traffic management systems to accommodate the 2004 Olympic Games and replace its aging infrastructure.
ADVA Optical Networking
ADVA Optical Networking Qualified by IBM for New Three-Site Advanced Disaster Recovery Solution
MARTINSREID/MUNICH, GERMANY and MAHWAH, N.J., March 01, 2004 (PRIMEZONE) -- ADVA Optical Networking (FSE:ADV), a leading global provider of optical networking solutions, today announced that it has successfully completed testing of its Fiber Service Platform (FSP) 2000 and 3000 systems with IBM's Enterprise Storage Servers (ESS, codenamed "Shark") in a three-site advanced disaster recovery solution. Using the ESS cascading feature and IBM's newly-launched Consistency Groups technology, multiple and globally-consistent copies of data can be made either at the disaster recovery site on a periodic basis or at an intermediate site for more flexible recovery options.
ADVA Optical Networking
ADVA Optical Networking Successfully Completes Interoperability Testing in The IBM GDPS Environment
MARTINSRIED/MUNICH, Germany and MAHWAH, N.J., March 1, 2004 (PRIMEZONE) -- ADVA Optical Networking (FSE:ADV), a leading global provider of optical networking solutions, today announced the successful completion of interoperability testing and qualification of ADVA's Fiber Service Platform (FSP) 2000 system for IBM Geographically Dispersed Parallel Sysplex (GDPS) S/390 and zSeries eServer environments. Proven interoperability in accordance with IBM's testing procedures enables the IBM and ADVA systems to be deployed together to implement a highly-effective disaster recovery and business continuity solution for mission-critical applications.
Global Medical Products Holdings
Global Medical Products Holdings, Inc.'s Affiliate GlobeLink Capital, Inc. Accepts Funding Proposal for 50 Million Euro Dollars (US $62.5 Million) Under Which 10 Million Euro Dollars (US $12.5 Million) Will be Invested in Global Medical Products Holdings, Inc. for a 20% Equity Interest
SAN DIEGO, March 1, 2004 (PRIMEZONE) -- Global Medical Products Holdings, Inc. (Pink Sheets:GMDP) has filed this date with the Securities and Exchange Commission Form 8-K -- Current Events which outlines a 50 million Euro dollar (US $62.5 million) financing proposal received and accepted by its affiliate, GlobeLink Capital, Inc., from the representative of Villa Noble S.L., Marbella, Spain, an European investment group. Under the Agreement, GlobeLink Capital, Inc. will invest 40 million Euro dollars (US $50 million) into Chinese companies that Beijing Guo Xin Well-tel Technology Co., Ltd., a division of The Ministry of Information Industry, People's Republic of China (Well-tel) conveys controlling interest in to GlobeLink Capital, Inc.
World Golf League, Inc.
The World Golf League Retains Equitilink for Investor Relations
ORLANDO, Fla., March 1, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) the fastest growing golf organization in the world, is pleased to announce it has retained Equitilink, LLC to lead its financial communications and shareholder relations campaign. A San Diego agency, Equitilink provides a variety of custom services for public companies seeking results-oriented investor relations programs. The selection of the investor relations firm follows several weeks of negotiations between the two companies.
Scientific Industries, Inc. Announces Proposed Acquisition
BOHEMIA, N.Y., March 1, 2004 (PRIMEZONE) -- Helena R. Santos, Chief Executive Officer of Scientific Industries, Inc. (OTCBB:SCND), announced that to complement its current laboratory equipment product line, the Company has reached an agreement in principle with Spectrum Laboratories, Inc. (OTCBB:SPTM) to acquire its chromatography and peristaltic pump systems products and related assets for approximately $300,000 in a combination of cash and stock.