latest news releases from the newsroom
HealthTronics Surgical Services, Inc.
HealthTronics Surgical Services, Inc. to Release Earnings For Third Quarter on November 5, 2004
MARIETTA, Ga., Oct. 15, 2004 (PRIMEZONE) -- HealthTronics Surgical Services (Nasdaq:HTRN), a leading provider of minimally invasive urologic and orthopaedic services, will release financial results for the third quarter of 2004 on November 5th before the market opens. The Company anticipates significant accounting, legal and advisory expenses incurred as a result of the pending Prime Medical Services, Inc. (Nasdaq:PMSI) merger which will increase SG&A expenses for the third quarter of 2004. Subsequent to the merger, because Prime Medical will be the accounting acquirer, the pre-merger operations of HTRN will not be included in the merged company's annual earnings. The Company will discuss these charges that will be included in third quarter operating expenses in the upcoming release.
Federal Home Loan Bank of Des Moines
Home Loan Bank Hosts Conference In Historic St. Louis
DES MOINES, Iowa, Oct. 15, 2004 (PRIMEZONE) -- As the City of St. Louis celebrates the 1804 Lewis and Clark Expedition and the 1904 World's Fair, it also plays host to the Federal Home Loan Bank of Des Moines' 2004 Annual Fall Conference. 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 three day event beginning Monday, October 18. The Bank's Conference, Meet Me in St. Louis, will feature an impressive line-up of speakers. From dueling economists to a best-selling author and former NFL player turned NFL television analyst, Conference speakers will provide valuable information on current trends and topics relevant to banking and much more.
GSB Financial Services, Inc.
GSB Financial Services, Inc: Presence in China
WILMINGTON, Del., Oct. 15, 2004 (PRIMEZONE) -- GSB Financial Services, Inc. (Pink Sheets:GSBF) previously announced on September 29th 2004 the Company is aggressively pursuing the Electric Vehicle market having reached an agreement to acquire GTT Products (www.gttproducts.com), a company specializing in mass distribution of products from China. This includes electric bikes, golf carts, electric vehicles, electric scooters and battery technology.
Newmark Ventures Addresses and Warns Shareholders of Unauthorized Listing of its Common Shares on the Berlin Stock Exchange
WILMINGTON, Del., Oct. 15, 2004 (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NMVN), through its Directors, wishes to announce that it has learned that its shares have been listed, without Company knowledge or consent, for trading on the Berlin-Bremen Stock Exchange. The Company is now in the process of formally notifying Exchange authorities to immediately delist its shares from the Berlin-Bremen Stock Exchange. The Company has also requested its Securities Counsel to report this incident to the proper regulatory authorities and immediately ascertain who is behind the unauthorized listing and pursue any and all appropriate legal remedies against them.
Converium Holding AG
Converium welcomes today's rating action by Standard & Poor's
ZUG, Switzerland, Oct. 15, 2004 (PRIMEZONE) -- Converium is pleased about Standard & Poor's decision to raise the long-term counterparty credit and insurer financial strength ratings on Converium AG to "BBB+". This decision reflects Converium's successful closing of a US$ 420 million share issue and Standard & Poor's expectation that Converium will maintain significant support from key clients and intermediaries.
Arkados Inc. Statement on FCC Broadband Over Power Lines Ruling
NORTH PLAINFIELD, N.J., Oct. 15, 2004 (PRIMEZONE) -- Arkados, Inc., a subsidiary of CDKnet.com, Inc. (OTCBB:CDKN), has issued the following statement in response to the vote by the Federal Communications Commission to approve changes that will encourage the development of broadband over power lines (BPL). The statement is attributable to Oleg Logvinov, president and CEO of Arkados. Mr. Logvinov also serves as president of the HomePlug Powerline Alliance.