latest news releases from the newsroom
Oneida Ltd. Reports Financial Results For First Quarter Ended April 30, 2005
ONEIDA, N.Y., June 9, 2005 (PRIMEZONE) -- Oneida Ltd. (OTCBB:ONEI) today announced operating and financial results for the first quarter ended April 30, 2005. Operating income for the first quarter was $5.5 million, or 6.1% of revenues, compared to an operating loss of $(1.9) million during the corresponding period last year. The $7.4 million improvement in operating income reflects the favorable impact of the Company's comprehensive restructuring program. Oneida's restructuring efforts are focused on returning Oneida to profitability by reducing the Company's cost structure and eliminating the substantial negative variances created by the Company's non-competitive manufacturing platform.
Keystone Automotive Industries, Inc.
Keystone Automotive Industries and Its Team Members Donate More Than One Hundred Forty Thousand Dollars
POMONA, Calif., June 9, 2005 (PRIMEZONE) -- When a giant tsunami in the Indian Ocean struck Indonesia and other countries in south Asia last December, it triggered a disaster of epic proportion, immediately leaving thousands of children orphaned and destroying the livelihoods of thousands of others. People around the world responded with unprecedented kindness and generosity. For the team members at Keystone Automotive Industries (Nasdaq:KEYS) based in Pomona, California, the disaster served as a galvanizing event and promoted a collective desire to help. As a result, the company created an ongoing program of giving.
Financial Access Solutions Technology, Inc.
Financial Access Solutions Technology's DM2's Wireless POS Terminals Now Being Sold in Rogers Wireless Retail Outlets
MONTREAL, June 9, 2005 (PRIMEZONE) -- DM2 Technology, a wholly owned subsidiary of Financial Access Solutions Technology (Pink Sheets:FLST) is pleased to announce that Rogers Wireless has started to carry DM2's wireless POS units in their retail outlets. The retail outlets are carrying the Lipman Nurit 8000 model. This will enable the company to expand its customer base significantly by providing greater access to DM2's Wireless POS technology and products and enable the company to provide our customers considerable value added services. Financial Access Solutions Technology is working toward the goal of having the retail outlets all across Canada carry its products.
Limelight Media Group Inc
Limelight Media Group Enters Agreement to Acquire Assets of InTransit Media
MEMPHIS, Tenn., June 9, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG) of Memphis, TN has executed an agreement to purchase all the assets of InTransit Media. Included in the asset purchase is the exclusive right for InTransit to provide digital signage management and marketing services for PATHVision. Limelight, upon closing, will continue to operate and market the PATHVision system under the InTransit name.
Beach First National Bank
Beach First National Bancshares, Inc. Announces Offering of Common Stock and Listing on Nasdaq
MYRTLE BEACH, S.C., June 9, 2005 (PRIMEZONE) -- Beach First National Bancshares, Inc. (Nasdaq:BFNB) today announced the sale by the Company of 1,000,000 shares of its common stock at $18.75 per share in a firm commitment underwritten offering sole managed by Sandler O'Neill & Partners, L.P. The Company has granted the underwriter an option to purchase up to an additional 150,000 shares to cover over-allotments. The offering is expected to close on June 14, 2005.
AuGRID Completes Production Prototype of Home Entertainment PC Gaming System
CLEVELAND, June 9, 2005 (PRIMEZONE) -- AuGRID Corporation (Pink Sheets:AGRI) announces the completion of a production prototype of its Home Entertainment PC Gaming System. This system will be combined with its Internet Audio System. In addition, AuGRID has reached out to Microsoft Corporation (Nasdaq:MSFT) in a possible collaboration on its Internet audio device. AuGRID is hopeful that this device will reduce the amount of music theft globally and is looking to launch the product in collaboration with Microsoft within the next 90 days.
Jati Technologies, Inc.
CNC Forges Ahead With PyraSolutions
MONTREAL, June 9, 2005 (PRIMEZONE) -- PyraSolutions Management Inc., a subsidiary of CNC (Pink Sheets:CNCW), has announced that it is proceeding to present its Pyramid software to other interested Quebec hospitals, in conjunction with its partner, and first "showcase" customer located in St-Jerome, Quebec. This hospital, Hotel-Dieu de Saint-Jerome, issued its final letter of acceptance which confirmed the complete acceptance of the software, which is now operational.
Viropro Pharma Appoints Director of Business Development for North Africa
MONTREAL, June 9, 2005 (PRIMEZONE) -- Viropro Pharma Inc., a subsidiary of Viropro, Inc. (OTCBB:VPRO), today announced the appointment of Ms. Kawtar Sounni to the position Director -- Business Development North Africa. Based in Morocco, Ms. Sounni will oversee all business activities related to the development of products and technologies in North Africa with a particular focus on Morocco.