latest news releases from the newsroom
Satelinx International Inc.
Satelinx International Inc. Makes Headway into Homeland Security Market
MONTREAL, May 16, 2005 (PRIMEZONE) -- Satelinx International Inc. (Pink Sheets:SLXI), a global provider of satellite vehicle tracking services, announced today that it has completed the development of a personal tracking device needed for Homeland Security, Immigration, Tribunals and several other agencies. Pending government approval, the company will launch the device in the United States and Canada within the month.
Medicore, Inc. Reports First Quarter 2005 Results
HIALEAH, Fla., May 16, 2005 (PRIMEZONE) -- Medicore, Inc. (Nasdaq:MDKI) announced financial results for the first quarter ended March 31, 2005. Operating revenues for the quarter reflected a 22% increase to $10,809,000 compared to $8,851,000 for the same period in 2004. Operating income for the first quarter of 2005 was $222,000 compared to an operating loss of $255,000 for the same period in 2004. There was a net loss of $(66,000) or $(.01) per share ($(.01) diluted), for the first quarter of 2005 compared to a net loss of under ($1,000) or $.00 per share ($.00 diluted) for the same period in 2004. The first quarter of 2004 included a gain of $546,000 resulting from a sale of a former subsidiary.
Rush Financial Technologies, Inc.
Rush Financial Technologies, Inc. Secures Additional Private Placement Funding
DALLAS, May 16, 2005 (PRIMEZONE) -- Rush Financial Technologies, Inc. (OTCBB:RSHF), dba RushTrade(r) Group, today announced that it has closed on the fourth traunch of a private placement offering with a unit of Bonanza Capital, Ltd., securing an additional $250,000 for the issuance of its restricted common stock and warrants at $0.23 per share, bringing Bonanza's total investment to date to $1,350,000. "RushTrade Group will use the additional capital to fund advertising to accelerate revenue growth, the development of new product enhancements and upgrades to our data services network at our new co-location AT&T Enterprise Hosting Services Center," said Mr. D. M. "Rusty" Moore, Jr., President and CEO.
CAPCO Energy, Inc.
CAPCO Announces Operational Update
HOUSTON, May 16, 2005 (PRIMEZONE) -- CAPCO Energy, Inc. ("CAPCO" or "The Company") (OTCBB:CGYN) today announces an update to its operations for year 2005, including the results of drilling the exploratory well at OCS Galveston Block 297. Capital expenditures for exploration and exploitation activities for the year 2005 will approximate $10 million. A portion of the required funding has already been raised. The Company plans to obtain the remaining funds through sale of equity, divestiture of non core assets and cash flow from properties. Following is an update on the Company's current operations:
Scantron Launches New eListen 2005 Survey Software
IRVINE, Calif., May 16, 2005 (PRIMEZONE) -- Scantron announced today the release of eListen(tm) 2005, a new version of eListen digital survey software which is in use by many of the Fortune 500 companies, major universities and public agencies. eListen 2005 features new functionality and a modernized interface and gives users more options in creating and processing surveys while saving time in planning, administration and analysis.
TeliaSonera Finland Reaches Agreement with Elisa and Finnet on Mobile Interconnection Fees
STOCKHOLM, Sweden, May 16, 2005 (PRIMEZONE) -- TeliaSonera Finland Oyj has reached an agreement with Elisa Matkapuhelinpalvelut Ltd and Finnet Networks Ltd concerning mobile communications interconnection fees (See Note). The agreements are the result of bilateral negotiations between TeliaSonera Finland and Elisa and TeliaSonera Finland and Finnet. According to the Finnish Communications Regulatory Authority the common view perceived by the operators enhances the functionality of the telecommunications market.