latest news releases from the newsroom
MAKO Surgical Corp.
MAKO Surgical Corp. Announces Up to $60 Million Private Placement Financing From Three Leading Health Care Investment Firms
FT. LAUDERDALE, Fla., Oct. 29, 2008 (GLOBE NEWSWIRE) -- MAKO Surgical Corp. (Nasdaq:MAKO), a medical device company focused on marketing its Tactile Guidance System(tm) (TGS(tm)), an advanced robotic-arm solution, and its implants for minimally invasive orthopedic knee procedures, known as MAKOplasty(r), today announced that it has entered into a definitive agreement for an equity financing of up to $60 million, with initial gross proceeds of $40 million and conditional access to an additional $20 million. The $40 million tranche is scheduled to close on Friday, October 31, 2008, subject to the satisfaction of certain customary closing conditions.
Alphatec Holdings, Inc.
Alphatec Spine Appoints Siri S. Marshall, Esq. to Its Board of Directors
CARLSBAD, Calif., Oct. 29, 2008 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions related to the aging spine, announced the addition of Siri S. Marshall, Esq. to its Board of Directors. This appointment increases Alphatec Spine's board of directors in size from nine directors to ten, and increases the number of independent directors from five to six.
Weldom Selects Manhattan Associates' Distributed Order Management, Extended Enterprise Management and Warehouse Management Solutions
PARIS and ATLANTA, Oct. 29, 2008 (GLOBE NEWSWIRE) -- Global supply chain optimisation provider Manhattan Associates (Nasdaq:MANH) today announced that the purchasing and procurement arm of Weldom, the home improvement brand, has selected several components of the Manhattan SCOPE(tm) (Supply Chain Optimisation -- Planning through Execution) solutions portfolio to support its international distribution infrastructure. The Adeo Group subsidiary has already initiated the project that will result in Manhattan's Distributed Order Management, Extended Enterprise Management and Warehouse Management solutions being rolled out across Weldom's entire supply network.
Edgewater Reports 9 Percent Year-Over-Year Service Revenue Growth
WAKEFIELD, Mass., Oct. 29, 2008 (GLOBE NEWSWIRE) -- A technology management consulting firm specializing in providing premium IT services, Edgewater Technology, Inc. (Nasdaq:EDGW) (www.edgewater.com, "Edgewater" or the "Company"), today announced financial results for its third quarter ended September 30, 2008.