latest news releases from the newsroom
MetaPower International, Inc.
MetaPower International, Inc. Ends 2007 With $3,500,000 in Net Revenue
LAS VEGAS, Jan. 3, 2008 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that the Company generated an estimated net revenue of $3,500,000 and a net profit of $400,000 in 2007. The Company originally forecasted an expectation of $2,000,000 in net revenue and a net profit of $200,000.
Microsemi Demonstrating Breakthrough Zone Lighting for Large Screen LED TVs At the 2008 International CES
IRVINE, Calif., Jan. 3, 2008 (PRIME NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog/mixed signal integrated circuits and high reliability semiconductors, announced today that it will unveil the first public demonstration of its breakthrough chipset technology for next-generation high definition LED TVs during the 2008 International CES in Las Vegas, January 7 - 10.
Lucas Energy Successfully Completes New Horizontal Well
HOUSTON, Jan. 3, 2008 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (OTCBB:LUCE), a U.S. based independent oil and gas company, has successfully completed the drilling of a new lateral from the Perkins Oil Unit No.1 well, Pilgrim (Austin Chalk) Field, Gonzales County, Texas. The new lateral was drilled from the plugged back depth of 8,410 feet to a new total depth (TD) of 11,340 feet and had significant oil and gas shows throughout. The vertical depth from surface at TD is 8,541 feet. The pumping unit has been rigged up on the well and testing has begun. It is expected that it will take at least two weeks to recover the load water from drilling of the new lateral and for the well to reach its full potential of oil and gas production. The company will report initial production at that time. The new lateral was drilled on new leases recently acquired from landowners in the area.
Himax Technologies, Inc.
Chi Mei Optoelectronics and TPV Technology Limited Take Minority Ownership Stakes in Himax Media Solutions
TAINAN, Taiwan, Jan. 3, 2008 (PRIME NEWSWIRE) -- Chi Mei Optoelectronics ("CMO"; TAIEX: 3009 TT), one of the world's leading LCD panel manufacturers, and TPV Technology Limited ("TPV"; SEHK: 0903/SGX TPV), the world's largest LCD monitor manufacturer and the world's largest LCD TV ODM, today announced they would take minority ownership stakes in Himax Media Solutions, Inc. ("Himax Media Solutions"), a wholly owned subsidiary of Himax Technologies, Inc. ("Himax" or "Company") (Nasdaq:HIMX) focusing on expanding market share in the global LCD TV and monitor chipset market opportunity.