latest news releases from the newsroom
Zecotek Photonics Inc.
Zecotek Signs Letter of Intent With Fujikura Ltd. of Japan for Manufacturing and Distribution of Key Zecotek Products
VANCOUVER, British Columbia, Oct. 16, 2007 (PRIME NEWSWIRE) -- Zecotek Medical Systems Inc. (TSX-V:ZMS) (Frankfurt:W1I) today announced that it has signed a letter of intent (LOI) with Fujikura Ltd. of Japan (Fujikura) to negotiate terms of a proposed business partnership which would feature the manufacture and distribution of certain technologies and products, including Zecotek's new line of fiber lasers and a detector block consisting of Zecotek's proprietary solid-state photo detectors and LFS scintillation crystals.
MMC Energy, Inc.
MMC Energy, Inc. Provides Update On Its Services Into the California Independent System Operator System
NEW YORK, Oct. 16, 2007 (PRIME NEWSWIRE) -- MMC Energy, Inc. (Nasdaq:MMCE) announced today that on October 9, 2007, the Company was notified by its energy manager that it was suspending bidding spinning reserve services into the California Independent System Operator ("CAISO") system for the Company's three facilities (the "Facilities"), effective October 10, 2007, due to the uncertain regulatory environment surrounding the provision by the Company of these services. The Facilities are currently certified to provide spinning and non-spinning reserves to the CAISO system. Consequently, the Company has begun to bid exclusively non-spinning reserves into the CAISO system, a similar but lower priced ten minute power ancillary service, critical to the reliability of the CAISO system. As the Company previously disclosed, on June 4, 2007 the CAISO issued a white paper which called into question the Facilities' qualification to provide spinning reserves. On September 20, 2007, the CAISO issued an amendment to this white paper which more narrowly focused regulatory uncertainty on the spinning reserve services provided by facilities configured similar to the Facilities operated by the Company.
United Online, Inc.
United Online to Announce Third Quarter Results on October 25
WOODLAND HILLS, Calif., Oct. 16, 2007 (PRIME NEWSWIRE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet and media services, today announced that it will release financial results for its third quarter ended September 30, 2007 after the market close on Thursday, October 25, 2007.
Photo Release -- Infortrend Expands Its SAS Product Line With Two New 16-Bay RAID Arrays
DALLAS, Oct. 16, 2007 (PRIME NEWSWIRE) -- RAID storage expert Infortrend(r) today announced two new SAS-to-SAS RAID arrays: the EonStor(r) (ES) S16S-G1030 single-controller and the S16S-R1030 redundant-controller subsystems. As the successor to the popular SCSI-320 technology, SAS (Serial Attached SCSI) technology is set to be the next generation of business-class storage, enabling new applications while boosting scalability and performance. The S16S comes with four SAS wide host ports that provide 12-Gigabit-per-second (12Gbps) bandwidth per port for high speed data transfer. Because the S16S can use both SAS and SATA drives within the same enclosure, systems integrators can build effective tiered storage to precisely meet their needs: high-availability SAS drives for mission-critical solutions and cost-effective SATA drives for near-line backup, distribution, or archival environments.
Beach First National Bank
Beach First Announces Earnings Growth
MYRTLE BEACH, S.C., Oct. 16, 2007 (PRIME NEWSWIRE) -- Beach First National Bancshares, Inc. (Nasdaq:BFNB) today announced that its year-to-date net income grew 17.6 percent over figures reported for the same period in 2006.
Sagient Research Systems
PlacementTracker Publishes PIPE Market League Tables
SAN DIEGO, Oct. 16, 2007 (PRIME NEWSWIRE) -- Sagient Research Systems, a leading publisher of independent research for the financial services and institutional investment communities, today announced that Rodman & Renshaw, LLC ranked as the number one most active investment bank and Enable Capital Management ranked as the number one most active institutional investor in the PIPE market during the first three quarters of 2007.