latest news releases from the newsroom
Credit Acceptance Corporation
Credit Acceptance Announces: 2004 Operational Data and Restatement of Tax Amounts
SOUTHFIELD, Mich., March 10, 2005 (PRIMEZONE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced that during the course of the 2004 year-end closing process, the Company determined that it had incorrectly accounted for income taxes in prior periods related primarily to its foreign subsidiaries. The restatement for these errors will decrease net income for the year ended December 31, 2003 by $2.3 million and increase net income for the three months ended June 30, 2004 by $2.7 million. The correction of these errors will have no impact on pre-tax income.
ATSI Communications Inc.
ATSI Recaps Progress To Date For Fiscal Year
SAN ANTONIO, March 10, 2005 (PRIMEZONE) -- ATSI Communications, Inc. (OTCBB:ATSX) today provided a recap of significant events during the past seven months that reflect the Company's progress since successfully executing its reincorporation and recapitalization plan during the 4th quarter of FY2004.
Diamant Art Corp.
Diamant Art Corporation Signs Distribution Agreement with Presidential Holdings
TORONTO, March 10, 2005 (PRIMEZONE) -- Diamant Art Corporation (OTCBB:DIAAF) is pleased to announce that, through its wholly owned subsidiary Diamant Film Inc., it has signed an exclusive distribution agreement with Presidential Holdings, Inc. based out of Coral Springs, Florida. The distribution agreement gives Presidential Holdings the exclusive right to sell, market and distribute the company's Diamant(TM) film to the United States military market throughout the U.S.