latest news releases from the newsroom
Crown Crafts, Inc.
Crown Crafts, Inc. Addresses Concerns Regarding Vinyl Bibs
GONZALES, La., May 4, 2007 (PRIME NEWSWIRE) -- Recently, certain customers of Hamco, Inc. ("Hamco"), a wholly-owned subsidiary of Crown Crafts, Inc. (the "Company") (Nasdaq:CRWS), announced that they will be voluntarily removing from their stores certain baby bibs supplied to them by Hamco. The bibs, which are made partly from vinyl, were found to contain quantities of lead that exceeded those allowed under standards in effect in Illinois. The U.S. Consumer Product Safety Commission ("CPSC"), whose standards emphasize the accessibility, rather than the quantity, of lead in bibs, concluded after testing a wide range of bibs from various retailers nationwide that "none of the bibs that were tested at CPSC's laboratory would pose a risk of substantial illness to children from mouthing." As CPSC further reported on May 2, 2007, no injuries have been reported involving the bibs. The Juvenile Products Manufacturers Association ("JPMA") has also reported that vinyl bibs are safe, having concluded that mouthing behavior does not result in the release of accessible lead at hazardous levels. To see the full statements made by CPSC and JPMA, please refer to the following links: http://www.cpsc.gov/cpscpub/prerel/prhtml07/07175.html and http://www.jpma.org/index2.cfm?section=News&content=vinylBibs.
PC Group, Inc.
Langer, Inc. Consolidates U.S. Custom Orthotics Facilities
NEW YORK, May 4, 2007 (PRIME NEWSWIRE) -- Langer, Inc. (Nasdaq:GAIT), ("Langer" or the "Company") today announced the consolidation of its U.S. custom orthotics production facilities. Custom orthotic products will now be produced in Deer Park, NY for all U.S. and certain Canadian customers, beginning June 1, 2007. Langer is accomplishing this consolidation through the transfer of a portion of its orthotic fabrication currently at its branch custom orthotics facility in Anaheim, CA to its headquarters facility in Deer Park, NY. Gray Hudkins, President and CEO said, "Our ability to consolidate operations is largely the result of increases in productivity, product quality, turnaround time and customer service that we believe are attributable to the lean manufacturing initiative we started 15 months ago, which has left us in an overcapacitized situation. While there can be no assurances that all of our CA facility customers will transfer their orders to NY, we believe we can provide an improved customer service experience in a consolidated environment." Mr. Hudkins also said, "We believe our NY facility is equipped to handle the expected increase in unit volume from CA and the additional growth in orders resulting from Langer's entry into the long-term care market through the acquisition of Regal Medical."
StockGuru.com Welcomes Back RushNet
DALLAS, May 4, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site is continuing Profile Coverage of RushNet, Inc. (Pink Sheets:RSHN). RushNet was created to market, develop and produce unique beverages and nutritional products for demanding needs, globally. The company's management is driven by a burning desire to serve their customers as they look for more unique beverage choices and healthful nutritional products to use on a daily basis, at reasonable prices. RushNet is the marketing agent for Organic Apple Rush 100% Sparkling Juice line, e-water , Ginseng Rush(r), Ginseng Rush XXX and Rush Ginseng Cola(r).