latest news releases from the newsroom
Capital City Bank Group, Inc.
Capital City Bank Group, Inc. and Capital City Bank Elect to Continue to Participate in the Temporary Liquidity Guarantee Program
TALLAHASSEE, Fla., Dec. 12, 2008 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (Nasdaq:CCBG) announced today that its wholly-owned subsidiary, Capital City Bank, which is a Florida chartered FDIC-insured depository institution, has elected to continue to participate in the Transaction Account Guarantee Program. Additionally, Capital City Bank Group and Capital City Bank have also elected to continue to participate in the Debt Guarantee Program. Both programs are part of the Federal Deposit Insurance Corporation's ("FDIC") Temporary Liquidity Guarantee Program ("TLGP").
EMS Technologies, Inc.
EMS Technologies Signs Definitive Agreement to Acquire Avionics Manufacturer, Formation, Inc.
ATLANTA, Dec. 12, 2008 (GLOBE NEWSWIRE) -- EMS Technologies, Inc. (Nasdaq:ELMG) announced today that it has signed a definitive agreement to acquire Moorestown, N.J.-based Formation, Inc., a provider of airborne wireless network products that enable in-flight passenger communications with terrestrial and satellite networks. Today's announcement represents the latest in a series of strategic acquisitions to strengthen EMS's position as a leading mobile broadband and asset tracking solutions provider. The acquisition would bolster EMS's aero-connectivity capabilities, enabling a far-reaching solution for passenger mobile access in the cabin.