latest news releases from the newsroom
IPEX Enters into Binding LOI to Acquire Leading International VoIP Carrier
SAN DIEGO, Calif., Aug. 15, 2005 (PRIMEZONE) -- IPEX, Inc. (OTCBB:IPEX) today announced that on August 9, 2005, it entered into a binding letter of intent to acquire San Diego-based Vinculum Communications, Inc., an international long distance carrier that provides termination services to over 150 carriers worldwide for $14.5 million in mainly IPEX shares. The transaction is expected to close by September 30, 2005. Scott Goodwin, Vinculum's President and CEO, will join IPEX as President of Telecommunications.
Emtec, Inc. Reports Results for the Quarter Ended June 30, 2005
TRENTON, N.J., Aug. 15, 2005 (PRIMEZONE) -- Emtec, Inc. (OTCBB:ETEC), an information technology company, providing services and products to commercial, federal, education, state and local verticals, today announced its results for the quarter ended June 30, 2005.
Telenor: VimpelCom EGM Re-scheduled Due to Lack of Quorum
OSLO, Norway, Aug. 15, 2005 (PRIMEZONE) -- Representatives from Alfa Group decided not to register their votes at today's Extraordinary General Meeting of shareholders (EGM) of Russian mobile company VimpelCom. The meeting was initially called by Eco Telecom, a subsidiary of Alfa Group, as part of an effort to obtain the approval of the proposed acquisition of Ukranian Radiosystems, a Ukrainian mobile operator trade-named WellCom. Without the presence of Alfa Group, the EGM had no quorum and was therefore re-scheduled for 14th September.
Hamernick Named President and CEO of Abbott Sysco Food Services
HOUSTON, Aug. 15, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, announced today that Debra A. Hamernick has been named president and chief executive officer of Abbott Sysco Food Services, a SYSCO subsidiary located in Columbus, Ohio. Ms. Hamernick, who currently is executive vice president of SYSCO's Minnesota operating company, will assume her new responsibilities effective immediately. She succeeds company founder and president Larry C. Abbott, who will serve as chairman of that company until his retirement in the fall of 2005 after a distinguished 35-year career in the foodservice industry.
The Man Who Hunts Jaws -- New Book Takes a Close Look at the Life and Adventures of a Shark Hunter
NAALEHU, Hawaii, Aug. 15, 2005 (PRIMEZONE) -- From isolated incidents on the ocean to the big screen summer blockbusters, sharks have established themselves as one of the most mysterious and unpredictable enigmas of our age. For many people, it is highly natural to fear sharks and avoid swimming alone in salt water. While most people preferred to stay safe, Mundus the shark hunter braved the seas, hunting the largest and most fearsome predators he could find. But what was it really like to hunt sharks for a living? Discover the truth, by diving deep into the life and times of Frank Mundus in his autobiography Fifty Years A Hooker.