latest news releases from the newsroom
DSM Venturing Invests in Cleaner-Burning Fuel Additives Through ORYXE Energy
HEERLEN, Netherlands, May 10, 2005 (PRIMEZONE) -- DSM Venturing, the corporate venturing unit of Dutch chemical specialties maker DSM, today announced that it has taken a share interest in ORYXE Energy International, based in Irvine, California (USA). ORYXE Energy develops solutions to meet the world's dual need for dependable fuel supplies and a cleaner environment. By focusing on cleaner-burning fossil fuels, the company has developed innovative additive technologies that significantly reduce toxic emissions from conventional and reformulated fossil fuels. This is especially important as it helps to comply with increasingly stricter environmental protection regulations.
DTS Latin America Joins Telelogic Resale Program
MALMO, Sweden, May 10, 2005 (PRIMEZONE) -- Telelogic, (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today appointed Brazilian provider of software solutions and high technology consulting, DTS Latin America, as a reseller of it's products for Latin America. The agreement will enable Telelogic products to be delivered to more organisations and will help strengthen Telelogic's position in Latin America and South America.
Rx Processing Corp. Announces Strategic Partnership Agreement with Financial Services International, Inc.
TAMPA, Fla., May 10, 2005 (PRIMEZONE) -- Rx Processing Corporation (Pink Sheets:RXPC), a provider of low-cost prescription medications and diagnostic lab testing solutions, announced today that the Company has entered into a strategic partnership Agreement with Financial Service International, Inc. (FSI) of Covington, KY. The Agreement provides Rx Processing and its subsidiary Lab Pass Networks the ability to distribute their branded member identification numbers on FSI's Stored Value Cards.
QLogic Executives to Present at Piper Jaffray Technology Conference
ALISO VIEJO, Calif., May 10, 2005 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks (SANs), today announced that H.K. Desai, chairman, CEO and president, and Tony Massetti, vice president and CFO, will deliver a company presentation at the Piper Jaffray Technology Conference, Friday, May 13, at 12:20 p.m. Eastern Time, at the New York Palace Hotel in New York City.
WMD Holdings Group, Inc.
WMD Holdings Group, Inc. Announces Frameshift's Second Album, Featuring Sebastian Bach, Now Released
LOS ANGELES, May 10, 2005 (PRIMEZONE) -- WMD Holdings Group, Inc. (Pink Sheets:WMDH) announces that Frameshift's An Absence of Empathy, featuring vocalist Sebastian Bach, has shipped worldwide. It is the much-anticipated follow-up to Frameshift's 2003 critically acclaimed Unweaving the Rainbow debut, which featured Dream Theater vocalist James LaBrie.
Virgin Express Holdings PLC
E1 Offer Exit Plan Approved by Virgin Express PLC Shareholders
BRUSSELS, Belgium, May 10, 2005 (PRIMEZONE) -- Virgin Express Holdings PLC ("VEX PLC") (OTCBB:VIRGY) is pleased to announce that at the Extraordinary General Meeting held earlier today the shareholders unanimously approved all of the resolutions set out in the notice of the extraordinary general meeting sent to shareholders on 15th April 2005, thereby approving all the corporate actions necessary for the EUR 1.00 a share distribution to shareholders which was announced on 12th April 2005 and further described in the circular made publicly available by VEX PLC.
First Equity Group
Stock Market News Alert Announces its Stocks to Watch List for Tuesday, May 10th, 2005: NUAN, ADBL, GM, EBAY
DEERFIELD BEACH, Fla., May 10, 2005 (PRIMEZONE) -- StockMarketNewsAlert.com is pleased to introduce our Featured Stock, Nuance Communications. Inc. (Nasdaq:NUAN), to the investment community! Nuance Communications. Inc ---NUAN--- is new to StockMarketnewsAlert.com. ScanSoft Inc. said it has agreed to acquire rival Nuance Communications Inc. for $221 million.
Horizon Offshore Inc.
Horizon Offshore Reports First Quarter Results
HOUSTON, May 10, 2005 (PRIMEZONE) -- Horizon Offshore, Inc. (Pink Sheets:HOFF) reported a net loss for the quarter ended March 31, 2005 of $(15.5) million, or $(0.48) per share-diluted. This compares with a net loss of $(10.7) million, or $(0.40) per share-diluted, for the first quarter of 2004.