latest news releases from the newsroom
Financial Executives International
Financial Executives / LA Chapter Announces Corporate Ethics Presentation
LOS ANGELES, Oct. 18, 2004 (PRIMEZONE) -- The monthly meeting of the Los Angeles chapter of Financial Executives International (FEI) will feature a presentation by Chris Bauer, Ph.D., a psychologist focusing on the impact of ethics violations within organizations. His presentation will discuss what your company needs to be doing beyond writing an ethics code. Dr. Bauer will explain what ethics are and aren't (and why the difference matters), how to easily recognize 'red flags' for ethics problems and what to do when you see them, and the basic do's and don'ts of consulting about ethics issues. He will discuss who is most at risk for ethics violations and why, the essentials of confronting others -- and oneself -- on ethics concerns, and how to keep ethics clearly in mind in the course of day-to-day decision making. Dr. Bauer will offer a 'preventive maintenance' approach to ethics. The dinner program will be held on Thursday, October 21, beginning at 6 p.m. in the Reagan Dining Room on the third floor of the Jonathan Club, 545 S. Figueroa St., Los Angeles.
Isensix Appoints Doug Berg as Chief Executive Officer
SAN DIEGO, Oct. 18, 2004 (PRIMEZONE) -- Isensix, Inc. (www.isensix.com), the premier provider of wireless healthcare monitoring systems for medical facilities, clinical laboratories and blood banks, today announced that Doug Berg has been named Chief Executive Officer.
SoftNet Technology Corp.
STTC Subsidiary, WBU, Increases Product Offering by More than 127% to Over 10,000 Products After Just One Week on Amazon.com
BERNARDSVILLE, N.J., Oct. 18, 2004 (PRIMEZONE) -- SoftNet Technology (OTCBB:STTC) (German WKN#: A0B7RZ) announced today that WholesaleByUs, LLC (WBU) experienced a dramatic increase in sales in just the first week on Amazon.com with 4,400 products for sale. Now, WBU took a further leap forward as a company by increasing the number of products for sale on Amazon.com to over 10,000.
Catalyst Lighting Group Inc.
Catalyst Lighting Group Announces Commencement of Private Placement
FORT WORTH, Texas, Oct. 18, 2004 (PRIMEZONE) -- Catalyst Lighting Group, Inc. ("Catalyst" or the "Company") (OTCBB:CYSL) announced today that it has commenced a private placement of units on a reasonable efforts basis with expected aggregate gross proceeds of between $2.0 million and $4.0 million. Each unit ("Unit") currently is expected to consist of the Company's common stock, as well as five year warrants to purchase Company common stock at an exercise price of $3.00 per share.
ViroPharma Incorporated to Acquire U.S. Vancocin Brand from Lilly
EXTON, Pa., Oct. 18, 2004 (PRIMEZONE) -- ViroPharma Incorporated (Nasdaq:VPHM), a pharmaceutical company focused on developing and commercializing products that address serious diseases treated by physician specialists in areas including hospital settings, transplant medicine and gastroenterology, today announced that it has entered into an agreement to acquire all rights in the U.S. to manufacture, market and sell Vancocin(R) Pulvules(R), the oral capsule formulation of Vancocin (vancomycin hydrochloride), as well as rights to certain related Vancocin products, from Eli Lilly and Company (Lilly) (NYSE:LLY). Oral Vancocin is a potent antibiotic approved by the U.S. Food and Drug Administration to treat enterocolitis caused by Staphylococcus aureus (including methicillin-resistant strains) and antibiotic-associated pseudomembranous colitis caused by Clostridium difficile.
Federal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines Hosts Fall Conference in St. Louis
MEDIA ADVISORY, Oct. 18, 2004 (PRIMEZONE) -- The Federal Home Loan Bank of Des Moines has an impressive line-up of nationally-known speakers scheduled for its 2004 Annual Fall Conference, Meet Me in St. Louis. More than 300 members from the Bank's five-state district of Iowa, Minnesota, Missouri, North Dakota and South Dakota are expected to attend the event which begins today. The Conference, designed to provide Bank customers with three days of education, offers an excellent overview of current trends and issues in the banking industry and beyond. Participants will learn about topics that are relevant to their business needs and important in today's changing financial environment.
Molecular Diagnostics, Inc.
Molecular Diagnostics, Inc. and MonoGen, Inc. Reach Settlement on AccuMed Technology
CHICAGO, Oct. 18, 2004 (PRIMEZONE) -- Molecular Diagnostics, Inc. (OTCBB:MCDG) ("MDI") and its wholly owned subsidiary, AccuMed International, Inc. ("AccuMed") collectively ("MOI" Group), based in Chicago, Illinois, and Monogen, Inc. ("MonoGen"), based in Vernon Hills, Illinois, jointly announce the settlement of their dispute arising from the "AccuMed/MonoGen License" by which AccuMed, in December 2000 granted to MonoGen a license to specific AccuMed related technologies that may be used, in part, for early cancer detection, diagnosis and monitoring. As part of the settlement, AccuMed assigned to MonoGen all of the AccuMed patents, patent applications, trade secrets, trademarks, copyrights and know-how covering the subject AccuMed patents and technology, as well as all applicable AccuMed equipment and spare parts.
Ontus Telcommunications Corp.
Ontus Telecommunications Corp Teams With Level 3 for Voice Over IP Phone Service
PORTLAND, Ore., Oct. 18, 2004 (PRIMEZONE) -- Ontus Telecommunications Corp. (Pink Sheets:ONTT), an FCC licensed international and long distance communications carrier, today announced it has signed an agreement that makes Level 3 Communications, Inc. (Nasdaq:LVLT) the underlying Voice over IP (VoIP) provider for its VoIP phone service. Under the new contract, Ontus will use Level 3's (3)VoIP Enhanced (SM) Local service to round out its suite of voice over the internet telecom service offerings.