latest news releases from the newsroom
Emulex to Offer $450 Million of Convertible Subordinated Notes
COSTA MESA, Calif., Dec. 8, 2003 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX) announced today that it intends to offer $450 million aggregate principal amount of convertible subordinated notes due 2023 in a private placement, subject to market and other conditions. The Company also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $67.5 million principal amount of the notes. Under the terms of the proposed offering, the notes will be convertible, at the option of the holder and subject to the satisfaction of certain conditions, into shares of Emulex common stock at a price to be determined.
Avalon Gold Corporation
Mayske Gold Deposit Exploration History
BELLINGHAM, Wash., Dec. 8, 2003 (PRIMEZONE) -- Avalon Gold Corporation (OTCBB: AVGC) states that according to a Report dated July 2002 by Geologist David Yeager, the Mayske Gold Deposit had its first gold discovery in 1991 although exploration work on the property began as early as 1963. Exploration work funded by the state included 160 drill holes on 23 sections totaling 55,788 meters of drilling. A total of 17,936 samples were taken for fire assaying. Drill sections were spaced 100m to 500m apart and drill hole spacing on the sections ranged from 100m to 200m. An area of detailed drilling has been performed on both of the two parts of the deposit; in these areas 100m of strike has been drilled at 50m x 50m spacing. A 6m diameter exploration shaft was sunk to 201m of depth on the flank of the northern part of the deposit.
Stockwinners.com Option Picks Average Gains of More than One Hundred Percent; Rumors Up Twenty-Six Percent
AUSTIN, Texas, Dec. 8, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Stockwinners.com. Selections featured in recent Stockwinners.com, http://www.STOCKWINNERS.com, Option Picks postings registered an average short-term gain of 111 percent. In the four months ending December 5th, the equities research firm addressed the upward price potential of 344 publicly traded stock options. On average, the entire group was up 111 percent in eleven days. The postings included two hundred twenty-five calls and one hundred nineteen puts.
QT 5, Inc.
QT 5 Announces The Provision Of 10-Minute HIV 1 & 2 Tests For Investigational Use By U.S., Asian And European Governments
WESTLAKE VILLAGE, Calif., Dec. 8, 2003 (PRIMEZONE) -- QT 5, Inc. (OTCBB:QTFV), manufacturer, distributor and marketers of biomedical diagnostics and NICOWate(tm), a Homeopathic Nicotinum Formula, today announced it will be providing up to 10,000 HIV 1 & 2 tests for investigational evaluation by potential Governmental and Institutional customers. Although the test is currently in Phase III ease of use in the United States, the company has already received investigational sample requests from vendors supplying China, Taiwan and a number of European Government Agencies.
Axesstel Introduces New Line Of CDMA2000 WLL Phones
SAN DIEGO, Dec. 8, 2003 (PRIMEZONE) -- Axesstel, Inc. (OTCBB:AXES), a leader in developing, manufacturing and marketing high-quality, CDMA-based fixed wireless local loop (WLL) terminals, hybrid phones and engineering solutions to operators worldwide, today announced the availability of AXW-P800 and AXW-P1900, a new line of next-generation feature-rich CDMA2000(r) 1x WLL phones. For product profile go to: http://media.primezone.com/cache/2343/file/981.pdf. The company is currently working with several global fixed and mobile service providers on field-testing the terminals.
ECON Investor Relations Inc.
Homelanddefensestocks.com -- Unique Investor Portal Adds Additional Homeland Security Stocks
POINT ROBERTS, Wash., Dec. 8, 2003 (PRIMEZONE) -- Homelanddefensestocks.com, a global investment research portal for the Homeland Defense and Security Sector, is pleased to provide content and resources for investors. The global investor portal has recently added new companies to the list of public companies in the homeland security sector. The site does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. The current list of stocks includes stocks in Airport Security, Biodefense, Biometrics, Defense, Internet Security, Integrated Security, Military, Border and Port Security.