latest news releases from the newsroom
Ohio Legacy Corp
Ohio Legacy Corp Announces First Quarter Results
WOOSTER, Ohio, May 3, 2004 (PRIMEZONE) -- Ohio Legacy Corp (Nasdaq:OLCB), the parent of Ohio Legacy Bank, N.A., today reported net earnings for the three months ending March 31, 2004, of $222,000 or $0.10 per share, compared to $136,000, or $0.07 per share, during the first quarter of 2003. At March 31, 2004, total assets were $168.9 million, an increase of $9.8 million, or 6%, from December 31, 2003. The funding for the asset growth was equally distributed between increases in deposit balances and borrowings from the Federal Home Loan Bank of Cincinnati. During the first quarter of 2004, total loans increased $7.6 million, or 7%, to $117.6 million.
Ocwen Financial Corp.
Ocwen Financial Corporation Schedules Conference Call -- First Quarter 2004 Results
WEST PALM BEACH, Fla., May 3, 2004 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN), will hold its First Quarter conference call and audio webcast on Thursday, May 6, 2004, at 4:00 p.m. (ET), to review the Company's operating results. These events will follow Ocwen's First Quarter earnings release. The press release will also be available on the Ocwen Financial Corporation Shareholder Relations website at www.ocwen.com.
United Online, Inc.
United Online To Present At Thomas Weisel Partners Internet 2004 Conference
WESTLAKE VILLAGE, Calif., May 3, 2004 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet subscription services, today announced that it will present at Thomas Weisel Partners Internet 2004 Conference on May 4, 2004 in San Francisco, CA. Mark R. Goldston, chairman, CEO, will speak at the event. The company is scheduled to present at 9:10 a.m. PT (12:10 p.m. ET).
ViaStar Holdings, Inc.
Viastar Media Corporation Comments on Unauthorized Spam Email
PHOENIX, May 3, 2004 (PRIMEZONE) -- Viastar Media Corporation. (OTCBB:VISH) announced today that the Company has become aware that unauthorized spam email is being transmitted about Viastar by an unknown third party or parties. The spam email is being sent by an unidentified person(s) or entity(s) and contains information which did not originate from the Company, was never approved or authorized by the Company and in fact, contains erroneous and inaccurate information about the Company and its business. Viastar has received numerous complaints about this spam email and is taking all necessary steps to investigate it.
FTS Wireless, Inc.
FTS Reports Preliminary Q1 Revenue
LEVITTOWN, Pa., May 3, 2004 (PRIMEZONE) -- FTS Wireless, Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), an operator of retail wireless locations that market and sell next generation wireless products and services and operate Wi-Fi HotSpot's, today announced preliminary revenue for the first quarter of 2004. The Company's form 10-QSB will be filed with the Securities and Exchange Commission during the week of May 10th, 2004 or earlier.
PAB Bankshares, Inc.
PAB Bankshares, Inc. Announces First Quarter 2004 Earnings
VALDOSTA, Ga., May 3, 2004 (PRIMEZONE) -- PAB Bankshares, Inc. (AMEX:PAB), the parent company for The Park Avenue Bank, announced its preliminary results for the first quarter of 2004. For the three months ended March 31, 2004, the Company reported net income of $2.13 million, or $0.22 per diluted share. These results are a 16.5% increase over the $1.82 million, or $0.19 per share, earned in the first quarter of 2003.