latest news releases from the newsroom
Macatawa Bank Corporation
Macatawa Bank Corporation Declares Quarterly Cash Dividend
HOLLAND, Mich., Feb. 23, 2007 (PRIME NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) announced that its board of directors declared a quarterly cash dividend of thirteen cents ($.13) per share payable March 29, 2007, to shareholders of record on March 8, 2007. This marks the twenty-six consecutive quarterly cash dividend declared by the nine-year-old banking company, and is a 14% increase over the first-quarter 2006 cash dividend after considering the 5% stock dividend paid in May 2006 and the 3-for-2 stock split distributed in June 2006.
Nortia Capital Partners, Inc.
Nortia Capital Partners' Client Company, Knight Energy Corp., Completes Well On Its Lea Property in Stephens County, Texas
ATLANTA, Feb. 23, 2007 (PRIME NEWSWIRE) -- Nortia Capital Partners (Pink Sheets:NCPN) is pleased to announce that it's client company, Knight Energy Corp. (KNEC) has completed its first well on its recently leased 400-acre property in Stephens County, Texas. Knight Energy's well on the Lea property has been producing quality oil for the past week and has been averaging 100 barrels of oil per day during that same time frame. In addition to the oil production, there is an indication that natural gas is present as well. Knight Energy plans to drill additional well on the property in the near future.
World Am, Inc.
World Am's Isotec Subsidiary Receives Automated Bank Security Portal Contract and the Potential For Business Opportunities in Additional Markets
NEWPORT BEACH, Calif., Feb. 23, 2007 (PRIME NEWSWIRE) -- World Am, Inc. (OTCBB:WDAM) today reported that its wholly owned Isotec, Inc. subsidiary has been awarded another bank security portal contract, this one by InterTECH Security of Maryland, LLC. InterTECH Security of Maryland recently acquired E-Quip LTD, a Maryland-based security services firm that has grown steadily over the past decade by focusing primarily in the financial, retail, correctional facilities, and government markets.
Port of Houston Authority
PHA Commission Considers $11 Million in Security Projects
HOUSTON, Feb. 23, 2007 (PRIME NEWSWIRE) -- The Port Commission of The Port of Houston Authority (PHA) will consider $11 million in security upgrades and other construction projects on Monday, February 26, beginning at 9 a.m. in the board room of the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.