latest news releases from the newsroom
Discovery Laboratories, Inc.
Discovery Labs Updates Progress On Manufacturing Remediation and Surfaxin FDA Regulatory Matters
WARRINGTON, Pa., Sept. 28, 2006 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), today has formally filed a briefing package and requested a meeting with the FDA to gain the Agency's agreement on the appropriate path towards Surfaxin(r) (lucinactant) approval for the prevention of Respiratory Distress Syndrome (RDS) in premature infants. The package covers certain key Chemistry, Manufacturing and Controls (CMC) matters contained in the April 2006 Surfaxin Approvable Letter received from the FDA, as well as detailing Discovery's comprehensive investigation and remediation of the process validation failure. Discovery anticipates that the meeting will occur in the fourth quarter of 2006.
Key Milestone Completion Date Announced by Imaging3
BURBANK, Calif., Sept. 28, 2006 (PRIMEZONE) -- Imaging3(tm), Inc. (OTCBB:IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, today announced that the company is presently featured in an online follow up interview at www.PRBroadcast.com. Mr. Dean Janes, CEO of Imaging3, discusses upcoming projects, recent developments, and the highly anticipated release of the company's 3D real-time medical imaging device, The Dominion(tm). The prototype is set for completion on October 31 of this year so that the company can exhibit the finished product at the Radiological Society of North America (RSNA) tradeshow in late November.
Nayna Networks, Inc.
Nayna Networks Chief Technology Officer, Dr. Raj Jain Co-Chairs Broadband Access Communication Technologies Conference
SANTA CLARA, Calif., Sept. 28, 2006 (PRIMEZONE) -- Nayna Networks, Inc., (OTCBB:NAYN), a provider of next generation network solutions headquartered in Santa Clara, California, USA, today announced that Dr. Raj Jain will be co-chairing the 2-day conference on Broadband Access Communications Technology. The conference is a part of Optics East sponsored by the International Society of Optical Engineering (SPIE).
Mammoth Energy Group Announces Operational Update On Its Kansas Projects
DENVER, Sept. 28, 2006 (PRIMEZONE) -- Mammoth Energy Group Inc. (Pink Sheets:MMTH) announced today that its wholly owned subsidiary, ProTerra Oil & Gas Exploration, Inc., has secured leases in Montana, Kansas, and Colorado that increase its total net acreage under lease to about 13,000 net acres. Included in this acreage are about nine prospects in Kansas, two of which were successfully drilled and completed in August and September.
Metso to Dismantle Its Ventures Business Area
HELSINKI, Finland, Sept. 28, 2006 (PRIMEZONE) -- Metso Ventures business area will be dismantled as of January 1, 2007. Two of the three foundries currently under Metso Ventures will be transferred under Metso Paper and one under Metso Minerals as separate profit units. Metso Panelboard will become a Metso Paper profit unit. The expansion of Metso Powdermet's sphere of operations into a materials technology RTD unit is being investigated. Valmet Automotive will be reported as a separate financial holding unit. Vesa Kainu, President of Metso Ventures, will retire on February 28, 2007.
The Pomerantz Firm Charges Dell Inc. With Securities Fraud -- DELL
NEW YORK, Sept. 27, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court Western District of Texas, against Dell Inc. ("Dell" or the "Company") (NYSE:DELL) and certain officers, on behalf of purchasers of the common stock of the Company during the period from February 13, 2003 through September 8, 2006, inclusive (the "Class Period"). The complaint alleges violations of Section 10(b) and Section 20(a) of the Exchange Act and Rule 10b-5 promulgated thereunder.
Harsco Corporation Declares Regular Quarterly Cash Dividend
HARRISBURG, Pa., Sept. 27, 2006 (PRIMEZONE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) today declared a regular quarterly cash dividend of $0.325 per share, or $1.30 per share on an annualized basis. The dividend is payable November 15, 2006 to stockholders of record as of October 16, 2006.