latest news releases from the newsroom
Sky Capital Holdings Ltd.
Sky Capital Holdings Ltd - Offer for Subscription
NEW YORK, Nov. 12, 2003 (PRIMEZONE) -- The Board of Directors of Sky Capital, the London and New York based Stockbrokers, is delighted to announce that it has successfully completed the initial closing of its Offer for Subscription of Series B New Convertible Preferred Shares, and raised GBP4,700,000 (approximately US $8,000,000). Approximately 2.4 million Convertible Preferred Shares will be issued at 200 pence per Share as a result.
Brower Piven, A Professional Corporation
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Boston Communications Group, Inc. -- BCGI
BALTIMORE, Nov. 12, 2003 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Boston Communications Group, Inc. (Nasdaq:BCGI) between June 12, 2003 and July 16, 2003, inclusive (the "Class Period").
Intrepid Technology and Resources, Inc.
4th Consecutive Profitable Quarter For Intrepid Technology And Resources, Inc.
IDAHO FALLS, Idaho, Nov. 12, 2003 (PRIMEZONE) -- Intrepid Technology and Resources, Inc., a renewable energy company (OTCBB:IESV) has just completed its 4th consecutive profitable quarter ending September 30th 2003. Revenues for the quarter increased 25% to $804,000 and the company reported a net profit of $45,300, compared to a net loss of $119,167 in the comparable 2002-quarter. The company additionally increased its current order backlog to 956,000 from 431,000 in 2002 indicating strong sequential revenue growth.
Association for Women in Technology, Southern California (AWT)
AWT's Next Mentorship Meeting at Sun Microsystems to Feature NASA Consultant
COSTA MESA, Calif., Nov. 12, 2003 (PRIMEZONE) -- The Association for Women in Technology, Southern California (AWT), a local non-profit organization dedicated to the advancement of women and girls in all areas of technology, today announced that its next Mentorship Meeting on Tuesday, November 18, 2003 will feature guest speaker Stacy Nelson, a software quality consultant for NASA specializing in software verification and validation. Nelson was recently selected out of 125,000 executives by the National Association of Female Executives (NAFE) to be featured in the fall issue of Executive Female magazine for her excellence in technical consulting at NASA and other organizations.
Wolf Popper LLP
Colgate Simply White Litigation
NEW YORK, Nov. 12, 2003 (PRIMEZONE) -- A Connecticut Court has upheld a claim brought under the state's Unfair Trade Practices Act against a motion to strike the claim made by Colgate-Palmolive Company, the defendant in the case. The claim charges that consumers who purchased Colgate's "Simply White" teeth whitening product were treated unfairly by Colgate's failure to warn on the product's packaging that Simply White does not work on artificial teeth such as caps, crowns, veneers, fillings, or dentures. As set forth in the complaint, by comparison, Crest, which produces a similar product, does warn its customers on its packaging that the product is for natural teeth only.