latest news releases from the newsroom
Labaton Sucharow LLP
Goodkind Labaton Rudoff & Sucharow LLP Files Class Action Lawsuit Against Supportsoft, Inc. -- SPRT
NEW YORK, Dec. 9, 2004 (PRIMEZONE) -- Goodkind Labaton Rudoff & Sucharow LLP filed a class action lawsuit on December 9, 2004 in the United States District Court for the Northern District of California, on behalf of persons who purchased or otherwise acquired publicly traded securities of Supportsoft, Inc. ("Supportsoft" or the "Company") (Nasdaq:SPRT) between January 20, 2004 and October 1, 2004, inclusive, (the "Class Period"). The lawsuit was filed against Supportsoft and Radha R. Basu and Brian M. Beattie ("Defendants").
The Man Music History Has Forgotten -- New Book: A Riveting Biography of KISS's Theatrical Creator
TEMPE, Ariz., Dec. 9, 2004 (PRIMEZONE) -- In 1966, a young hippie named Sean Delaney arrived in New York City and checked into the YMCA with two dollars in his pocket. Years later, he became one of the top ten record producers in the music industry, and was in part responsible for signing a little-known band to their first six-month contract. The band was KISS, and the rest became history that had forgotten his presence until the day he died. In the highly anticipated new book, HELLBOX, author Bryan J. Kinnaird chronicles Sean Delaney's journey, a pilgrimage that epitomized a radical lifestyle, and spanned over a broad spectrum of events leading to the creation of KISS.
Quanex Building Products Corporation
Quanex Corporation Announces the Purchase of Mikron Industries
HOUSTON, Dec. 9, 2004 (PRIMEZONE) -- Quanex Corporation (NYSE:NX), an industry-leading manufacturer of value-added engineered materials and components serving the vehicular products and building products markets, today announced the closing of the stock purchase of privately held Mikron Industries, for $205 million in cash. Quanex financed the acquisition by borrowing against its $310 million revolving credit facility.
Digital Descriptor Systems Inc.
Digital Descriptor Systems Inc. Launches Growth Plan
SEA GIRT, N.J., Dec. 9, 2004 (PRIMEZONE) -- Digital Descriptor Systems Inc. (Pinksheets:DDSI) has announced the first step of a growth plan which includes potential acquisitions and simultaneous debt restructuring. A new financing agreement was closed effective November 30, 2004, with an institutional investor. The terms of the $3.5 million agreement allow funds to be used for specific acquisitions, as well as restructuring over $500,000 of previously incurred debt under more favorable terms. Any additional cash, net of applied expenses, will be available for operations improvement.
Dark Dynamite Inc.
Cover Story and Catwalks on Dark Dynamite's Calendar
SALT LAKE CITY, Dec. 9, 2004 (PRIMEZONE) -- Runway show and ramped up marketing have led to notable press for all things Dark Dynamite Inc., (OTCBB:DDYN). LA Weekly will run a story titled "Where in the World is Jared Gold?" Always in the know, LA.com posted a blurb about Gold's new Utah headquarters at www.la.com/clotheshoarse/archives/fashion_plates/
Current Capital Spotlights Stocks To Watch for Thursday December 9, 2004: BNTNF, UPL, IOC,TPE
TORONTO, Dec. 9, 2004 (PRIMEZONE) -- Current Capital is pleased to introduce our spotlight stock, Bontan Corporation (OTCBB:BNTNF), to the investment community! Bontan Corp. has acquired an Indirect Participation Interest ("IPI") of 0.75%, representing an investment of approximately US$1.6 million, in an oil exploration program in Papua, New Guinea. The oil exploration program is undertaken by InterOil Corporation (AMEX:IOC), which is an international integrated energy company. Bontan Corp. recently announced that its wholly owned subsidiary, Bontan Oil & Gas Corporation (BOG), has entered into an agreement with a private investor group in the United States to acquire a working interest in a gas exploration project. The project is located in the prolific natural gas producing state of Louisiana. There are approximately 12 million shares outstanding.
Inguz Boutique Now Offers Exceptional Under-$50 Gifts Online
PHILADELPHIA, Dec. 9, 2004 (PRIMEZONE) -- Searching frantically for special presents for your closest friends? Short on time and ideas but want your gift to really make a statement? Then check out Inguz boutique's stylish, versatile, funky merchandise now available online at www.inguzonline.com.