latest news releases from the newsroom
Intelligent Systems Corporation
Intelligent Systems Announces First Quarter 2007 Results
NORCROSS, Ga., May 15, 2007 (PRIME NEWSWIRE) -- Intelligent Systems Corporation (AMEX:INS), (www.intelsys.com) announced today the financial results for its first quarter ended March 31, 2007. Net loss for the first quarter of 2007 was $133,000 ($0.03 per basic and diluted share) compared to a net loss of $445,000 ($0.10 per basic and diluted share) for the corresponding period in 2006.
Emergent Group Inc.
Emergent Group Inc. Reports Record First Quarter EPS of $0.10 On Record Sales
SUN VALLEY, Calif., May 15, 2007 (PRIME NEWSWIRE) -- Emergent Group Inc. (OTCBB:EMGP), a leading provider of mobile medical lasers and surgical equipment, announced results for the first quarter ended March 31, 2007. First quarter revenues increased $391,991 to a record $4,382,808, compared to revenues of $3,990,817 for the same period in 2006. Net income increased 11% to a record $517,110 or $0.10 per basic share for the first quarter, as compared to net income of $463,995 or $0.09 per basic share for the same period in 2006. The Company's cash position as of March 31, 2007 was $682,989 after payment of a $0.20 per share dividend ($1,094,249) in January 2007.
i-level Media Group
REPEAT -- i-level Media Group Inc. Receives Strong Upgrade by Respected Research Firm
SHANGHAI, China, May 15, 2007 (PRIME NEWSWIRE) -- i-level Media Group Inc. (OTCBB:ILVL) is pleased to announce that a well-respected firm, TRI-STATE Capital (TSC), has upgraded its equity rating on ILVL. This strong upgrade comes at a time when the company has reported its taxi-based i-level Mobile Media Network has been officially endorsed by the Taxi Association of China, which i-level recently joined. The Company's proprietary in-taxi digital media network (i-level Mobile Media Network) consists of 8.2" LCD screens mounted in the rear passenger compartments of taxis that play a mix of content and advertising for the enjoyment of passengers during their ride.
Gevity HR, Inc.
Gevity to Present At JMP Securities and JPMorgan Investor Conferences
BRADENTON, Fla., May 15, 2007 (PRIME NEWSWIRE) -- Gevity (Nasdaq:GVHR), which serves as the full-service human resources department for small and mid-sized businesses, announced today that the company will present at the Sixth Annual JMP Securities Research Conference and at the JPMorgan 35th Annual Technology Conference. Erik Vonk, Gevity's Chairman and Chief Executive Officer, will review the company's business model transformation and growth strategy.
Standard & Poor's Upgraded Corporate Rating on Metso to BBB
HELSINKI, Finland, May 15, 2007 (PRIME NEWSWIRE) -- Standard & Poor's Ratings Services has upgraded the long-term credit rating of Metso Corporation to BBB from BBB- and the short-term rating to A-2 from A-3. The rating on Metso's senior unsecured debt has been upgraded to BBB- from BB+. The outlook on rating is considered stable.