latest news releases from the newsroom
Fittipaldi Logistics, Inc.
Fittipaldi Logistics Subsidiary Announces Intent to Acquire Carrier
BOCA RATON, Fla., Dec. 15, 2006 (PRIME NEWSWIRE) -- Fittipaldi Logistics, Inc. (OTCBB:FPLD) -- "improving transportation through intelligent information management" -- announced today that Commodity Express, a wholly-owned subsidiary of Fittipaldi Logistics has entered into a preliminary agreement to acquire the assets of a significant southeast-based trucking and brokerage firm. Initial projections show that this move will increase Commodity Express revenues by approximately 12 million dollars annually. The transaction carries a scheduled closing date in the first quarter of 2007.
Seadrill Ltd.: West Navigator LOI Cancelled
HAMILTON, Bermuda, Dec. 15, 2006 (PRIME NEWSWIRE) -- Reference is made to the Letter of Intent disclosed to the Oslo Stock Exchange December 8, 2006 regarding the assignment for the deepwater drillship West Navigator on the Ormen Lange field.
Software Effective Solutions Inc. (SES)
SES Completes Reverse Merger With SFWJ
MANILA, Philippines, Dec. 15, 2006 (PRIME NEWSWIRE) -- SES's CEO, Clarisa Rojo, today announced of the successful completion of the reverse merger with SFWJ, in which SFWJ acquired 100% of SES. Its trading symbol is now (Pink Sheets:SFWJ). SFWJ's existing board of directors and management has been replaced in their entirety by SES and, consequently, all of SES's assets, businesses and operations have been merged into SFWJ.
U.S. Mine Makers, Inc.
Nitro Lube, Inc. to Air First National TV Commercial
LANGLEY, British Columbia, Dec. 15, 2006 (PRIME NEWSWIRE) -- Jason Rite, CEO of Nitro Lube, Inc. (Pink Sheets:NTLB), announced today that the company has produced its first video commercial to be aired on Canadian television. Mr. Rite stated, "This is a proud moment for Nitro Lube and a major step in the further implementation of our marketing plan. Our new TV commercial will give us the nationwide name and product recognition we have been seeking." The commercial is available for viewing on the company's website at: http://www.nitrolube.com .
EMS Technologies, Inc.
EMS Technologies Appoints Perry Tanner Corporate Vice President of Marketing
ATLANTA, Dec. 15, 2006 (PRIME NEWSWIRE) -- EMS Technologies, Inc. (Nasdaq:ELMG) announced the appointment of technology marketing veteran Perry D. Tanner as corporate vice president, Marketing, reporting to EMS President and CEO Paul Domorski. The appointment was effective Dec. 4. In this newly-created position, Tanner is responsible for EMS's corporate marketing, business and communications strategies.