latest news releases from the newsroom
Enercorp Management Wins Proxy Fight
FARMINGTON HILLS, Mich., Feb. 1, 2005 (PRIMEZONE) -- "Shareholders of Enercorp, Inc. (Pink Sheets:ENCP) today endured a six-hour, sometimes contentious, 2004 Annual Meeting of Shareholders at its corporate headquarters in Farmington Hills, Michigan before Management prevailed over a Dissident Stockholder from Florida," reported James C. Sargent, Chairman of the Board of Directors.
Yantai Dahua Holdings Company Limited
Yantai Dahua Holdings Approves Debt Financing for Plant Expansion
EAST OF MUPONG, YANTAI, SHANDONG, People's Republic of China, Feb. 1, 2005 (PRIMEZONE) -- Yantai Dahua Holdings Company Limited (OTCBB:YDHCF) announced today that the board of directors has approved a private placement offering to accredited investors to raise up to $8 million in the form of secured convertible debentures. The proceeds from the debenture offering will be used to finance a new plant facility and production equipment for specialty thin paper products. The new plant and equipment is expected to increase overall annual production capacity from 28,000 tons to 36,000 tons of paper. The specialty thin paper products will allow Yantai to offer a premium, high-end product to its customers.
Wolverine Tube Inc.
Wolverine Tube Schedules Fourth Quarter 2004 Earnings Conference Call
HUNTSVILLE, Ala., Feb. 1, 2005 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) today announced that it plans to report earnings for the fourth quarter ending December 31, 2004. A news release and supporting financial data will be released to the news wire services and the New York Stock Exchange before the market opens, and a conference call will be held at 9:30 a.m. Central (10:30 a.m. Eastern) on Thursday, February 24, 2005. The full text of the earnings news release and supporting financial data will be available prior to the start of this call on the Company's website, http://www.wlv.com, in the Investor Relations section under the "Press Releases" link.
Environmental Technologies International, Inc.
AWE Retrofit Engineering & Design Completed and Building of Prototype Retrofit Unit Commenced
TUCSON, Ariz., Feb. 1, 2005 (PRIMEZONE) -- The management of Environmental Technologies International, Inc. (Pink Sheets:EMTI) is pleased to announce that its subsidiary, Awe Engineering, Inc., has completed the initial engineering and designs for a retrofit AWE HVAC unit applicable for commercial-building mass markets, and that it has begun to build the prototype of this unit. The unit will incorporate improvements in water technology and additional state-of-the-art refinements that are expected to improve upon the already impressive capabilities of the AWE system.
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Direct General Corp. -- DRCT
BALTIMORE, Feb. 1, 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 Direct General Corp. (Nasdaq:DRCT) between August 11, 2003 and January 26, 2005, inclusive (the "Class Period").
U.S. BioDefense, Inc. Publishes White Paper: 'Collaborative Stem Cell Technology Commercialization Opportunities in California'
CITY OF INDUSTRY, Calif., Feb. 1, 2005 (PRIMEZONE) -- U.S. BioDefense, Inc. (OTCBB:UBDF) is pleased to announce today that it has released its White Paper at usbiodefense.com entitled "Collaborative Stem Cell Technology Commercialization Opportunities In California"; excerpts may be read below. The White Paper is focused on exploring the potential of collaborative technology transfer and commercialization of stem cell research in California thereby bridging Universities, Government Agencies, Fortune 500 companies and Research Labs located in foreign States and Countries.