latest news releases from the newsroom
Intrepid Technology and Resources, Inc.
Intrepid Secures Bond Financing
IDAHO FALLS, Idaho, Feb. 3, 2005 (PRIMEZONE) -- Intrepid Technology and Resources, Inc. (ITR) (OTCBB:IESV), a renewable energy company, announces that the Industrial Development Corporation of Gooding County, Idaho has approved an Inducement Resolution for a maximum of $20 million bonds issuance for the company's biogas facilities. Industrial Development Corporations have the authority to issue bonds for projects that provide significant benefits to surrounding communities.
S2C Global Systems Inc
UATH Completes Acquisition of S2C Global Systems Inc.
VANCOUVER, British Columbia, Feb. 3, 2005 (PRIMEZONE) -- United Athletes, Inc (Pink Sheets:UATH) announced today that it has closed its transaction to purchase all of the outstanding shares of S2C Global Systems, Inc. (S2C). S2C, headquartered in Vancouver, BC, owns a patent pending, proprietary "Aquaduct" vending system specializing in retail location based distribution of five (5) gallon water bottles that are filled and capped at regional water bottling facilities. The company specializes in providing 24 hour access to the point of sale for both the customer and supplier alike. Terms were not disclosed, but the transaction is anticipated to be accretive to S2C's required filing disclosure and constitutes the change in control of UATH.
ATSI Communications Inc.
ATSI Revises Revenue Guidance Upward
SAN ANTONIO, Feb. 3, 2005 (PRIMEZONE) -- ATSI Communications, Inc. (OTCBB:ATSX) announced today that the company's revenues for the 2nd quarter ended January 31, 2005 reached $1,510,000 and exceeded previous estimates provided in a January 12, 2005 press release. Although typically impacted by seasonality, January 2005 revenues were $555,000, a record month since the company's reincorporation. As a result, ATSI produced three consecutive months of record revenues during its 2nd quarter. For the quarter, ATSI revenues increased 500% over the previous fiscal year's 2nd quarter ended January 31, 2004 and 79% over the immediately preceding quarter ended October 31, 2004.
Microsemi Sees Growing Demand for Its Light Sensing Technology
IRVINE, Calif., Feb. 3, 2005 (PRIMEZONE) -- Microsemi Corporation (Nasdaq:MSCC), announced today that its patent-pending visible light sensor technology is finding an increasing number of design-ins among mid to high-end notebook computer platforms where its spectral sensitivity approximating the human eye sensitivity provides the highest accuracy for automatic brightness control.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit against Sierra Wireless, Inc. -- SWIR
BALTIMORE, Feb. 3, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Sierra Wireless, Inc. (Nasdaq:SWIR) between January 28, 2004 and January 26, 2005, inclusive (the "Class Period").