latest news releases from the newsroom
NEON Communications Group, Inc.
Globix Corporation Announces Agreement to Sell Its U.S. Hosting Business
NEW YORK, Oct. 3, 2006 (PRIMEZONE) -- Globix Corporation (AMEX:GEX), a leading provider of Internet infrastructure and network services, today announced that it has entered into a definitive agreement to sell its interests in its United States hosting business to Quality Technology Services (Quality) for a cash purchase price of $20,000,000. The transaction is expected to close in approximately one month and is subject to customary terms and closing conditions. The net proceeds of the transaction will be used by Globix to pay down indebtedness and for other corporate purposes.
Golden Patriot Corp.
Golden Patriot, Corp.: Drilling Commences on Lucky Boy Prospect
LAKE SUCCESS, N.Y., Oct. 3, 2006 (PRIMEZONE) -- Golden Patriot, Corp. ("Golden Patriot") (OTCBB:GPTC) (Frankfurt:GPU) is extremely pleased to announce that it has been informed by the operator that drilling has now commenced on the Lucky Boy Prospect. The major 25-holed drill program has commenced and the operator expects the drill program will take approximately two weeks to complete, at which time the ore will be sent to the laboratories for assaying. Assay results will take approximately 3-6 weeks.
Patient Portal Technologies, Inc.
Patient Portal Technologies Finalizes Terms of Acquisition; Extends Engagement of Independent Auditor
BOCA RATON, Fla., Oct. 3, 2006 (PRIMEZONE) -- Patient Portal Technologies, Inc. (Pink Sheets:PPRG) announced today that it had finalized the terms for its acquisition of 100% of the capital stock of Patient Portal Connect, Inc. of Palm Beach Gardens, FL. The acquisition will be made by issuance of 14,000,000 shares of Common Stock of the Company to the shareholders of Patient Portal Connect, Inc. through a tax-free share exchange. The closing of the transaction will take place immediately upon the filing of the Company's Annual Report on Form 10KSB for its year ended December 31, 2005, which is expected to be completed on or before October 15, 2006.
Infortrend Introduces New EonStor iSCSI-to-SATA Raid System
SANTA CLARA, Calif., Oct. 3, 2006 (PRIMEZONE) -- Answering the need for high performance data storage for mature TCP/IP networks, RAID storage expert Infortrend(r) today unveiled a new 16-bay iSCSI-to-SATA external RAID subsystem, the latest addition to their broad line of EonStor(r) RAID storage products. The EonStor A16E-G2130 delivers storage flexibility, ease of management, and configuration simplicity, while ensuring maximum security and protection for business-critical data. The ES A16E array is ideal for building a shared storage pool for disk-to-disk volume distribution, data backup, storage consolidation, and replication among networked servers.
First Horizon National Corporation
First Horizon Bank Announces the Opening of Two New Financial Centers in the Baltimore Region
MCLEAN, Va., Oct. 3, 2006 (PRIMEZONE) -- First Horizon Bank, a full-service financial services company, announced today the opening of two new full-service financial centers in the Baltimore region. Located at 60 Painters Mill Road in Owings Mills, Md., and 6304 1/2 York Road in Baltimore, Md., the financial centers provide added convenience and additional retail banking options for customers in the area. The centers officially opened on Sept. 19 and Sept. 21, respectively, and grand opening celebrations are planned for both locations on Saturday, Nov. 4.
China Natural Gas, Inc.
China Natural Gas Expands to China's Most Populous Henan Province With Four New Retail Gas Stations
NEW YORK, Oct. 3, 2006 (PRIMEZONE) -- China Natural Gas, Inc. (OTCBB:CHNG) (www.naturalgaschina.com), the first China-based natural gas public company traded in the U.S. capital market, today announced that the company has initiated construction of four new company-owned retail natural gas filling stations in Henan province, China's most populous province. Construction of the four new stations is expected to be completed in two months. The company currently has 11 operating stations.