latest news releases from the newsroom
SimpleTech to Present at 8th Annual Needham & Company Growth Conference
SANTA ANA, Calif., Dec. 23, 2005 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), a technology leader in the design, development, manufacturing and marketing of DRAM, and Flash-based memory solutions and external storage solutions, announced today that the company's management team will present at Needham & Company's Eighth Annual Growth Conference Conference at 3:00 p.m., ET, on January 10, 2006. The Conference is being held at the New York Palace Hotel.
Harvey Electronics, Inc.
Harvey Electronics, Inc. Receives Nasdaq Notice Related to Minimum Bid Price
LYNDHURST, N.J., Dec. 23, 2005 (PRIMEZONE) -- Harvey Electronics, Inc. ("Harvey Electronics", "Harvey" or the "Company")(Nasdaq:HRVE) announced today that it received a deficiency letter (the "Letter") on December 20, 2005 from The Nasdaq Stock Market indicating that the Company is not in compliance with the continued listing requirements on The Nasdaq Capital Market because for the previous 30 consecutive business days, the bid price had closed below the $1.00 minimum per share requirement for continued listing as set forth in Marketplace Rule 4310(c)(4) (the "Minimum Bid Price Rule"). The issuance by Nasdaq of such letters is standard procedure when a listed company does not meet the Minimum Bid Price Rule. By Nasdaq rule, Harvey will be provided 180 calendar days, or until June 19, 2006, to regain compliance with the Minimum Bid Price Rule. This Letter has no effect on the listing of the Company's common stock at this time.
Imaging3 Begins Trading Under Symbol IMGG
BURBANK, Dec. 23, 2005 (PRIMEZONE) -- Imaging3, Inc. (OTCBB:IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, today announced that the company's shares have been approved for trading on the NASD's Over-the-Counter Bulletin Board market under the symbol IMGG.
Crystal Research Associates, LLC
Crystal Research Associates, LLC Issues Executive Informational Overview On NaviSite, Inc.
NEW YORK, Dec. 23, 2005 (PRIMEZONE) -- Crystal Research Associates, LLC announced today that it has issued an Executive Informational Overview(r) (EIO(r)) on Andover, Massachusetts-based NaviSite, Inc. (Nasdaq:NAVI). The full 52-page report can be found at www.crystalra.com, or on NaviSite's Web site, www.navisite.com.
Federal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines Announces Management Changes
DES MOINES, Iowa, Dec. 23, 2005 (PRIMEZONE) -- The Federal Home Loan Bank of Des Moines today announced that its President and Chief Executive Officer, Patrick J. Conway, stepped down from his position on December 22, 2005, and would be retiring from the bank on December 31, 2005. On December 22, 2005, the bank's Board of Directors appointed board member Neil N. Fruechte to serve as acting President and Chief Executive Officer.
Mayfair Mining and Minerals, Inc.
Mayfair Mining & Minerals, Inc. -- Corporate Update Zambia
NEW YORK, Dec. 23, 2005 (PRIMEZONE) -- Mayfair Mining & Minerals, Inc., (OTCBB:MFMM) is pleased to report that the year 2005 has seen steady and positive progress on the Company's projects in Zambia. The company's local infrastructure is established, the economic viability of the Company's amethyst mines has been demonstrated, and the Funswe River gold project is entering its initial trial mining stage.