latest news releases from the newsroom
Sciax Technology, Inc.
Sciax Secures Major Industrial Client
BAY CITY, Mich. and TORONTO, Aug. 4, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (Name change to Sciax Corp. pending) (OTCBB:UGMI) has been selected as the supplier of precision optical imaging equipment by a major Canadian mining corporation.
OurPet's Releases Second Quarter Results; Sales Increase 13%; Profit Margin Increases
FAIRPORT HARBOR, Ohio, August 4, 2003 (PRIMEZONE) -- OurPet's Company (OTCBB:OPCO) today reported financial results for its second quarter and six months ended June 30, 2003. Net sales for the second quarter were $1,152,000, an increase of 13% compared to $1,023,000 for the prior year second quarter. Gross profit as a percent of net sales increased to 23% as compared to 22% in the prior year. The loss from operations was $81,000 compared to a loss from operations for the prior year of $126,000 for an improvement of $45,000 or 35%. Net loss for the quarter was $148,000 compared to a net loss for the prior year of $156,000 for an improvement of $8,000. The Net Loss for second quarter 2003 includes a one-time, special charge of $40,183 related to the liquidation of excess inventory. The second quarter 2002 results do not reflect any such special charges.
Stockwinners.com Option Picks Average Gains of More than One Hundred Percent; Daily Stock Picks Up Eighteen Percent
AUSTIN, Texas, August 4, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Stockwinners.com. Selections featured in recent Stockwinners.com http://www.STOCKWINNERS.com Option Picks postings registered an average short-term gain of 117 percent. In the three months ending August 1st, the equities research firm addressed the upward price potential of 256 publicly traded stock options. On average, the entire group was up 117 percent in eleven days. The postings included one hundred seventy-one calls and eighty-five puts.
Ocwen Financial Corp.
Ocwen Financial Corporation Schedules Conference Call -- 2nd Quarter Results
WEST PALM BEACH, Fla., Aug. 4, 2003 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) will hold its 2nd Quarter 2003 conference call and audio webcast on Thursday, August 7, 2003, at 4:00 p.m. (ET), to review the Company's operating results. These events will follow Ocwen's 2nd Quarter earnings release. The press release will also be available on the Ocwen Financial Corporation Shareholder Relations website at www.ocwen.com.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Impath, Inc. -- IMPH
BALA CYNWYD, Pa., Aug. 4, 2003 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Impath, Inc. ("Impath" or the "Company") (Nasdaq:IMPH), between February 21, 2001 and July 29, 2003 inclusive (the "Class Period"). The class action lawsuit was filed against the Company and certain of its officers and directors in the United States District Court for the Southern District of New York.