latest news releases from the newsroom
MedAvant Wins Bankruptcy Court's Final Approval for $2.9 Million in Dip Financing & Approval of Other Pending Motions
ATLANTA, Aug. 19, 2008 (GLOBE NEWSWIRE) -- MedAvant Healthcare Solutions (MedAvant) (Nasdaq:PILLQ), a leader in healthcare technology and transaction services, today announced that it won final approval from the United States Bankruptcy Court in its chapter 11 case in Delaware for its $2.9 million debtor-in-possession financing facility from its senior lender Laurus Master Fund. The Court also approved a variety of other pending motions designed by the Company to maximize its economic performance and the prospects for competitive bidding at the auction scheduled for September 8, 2008, and enhance the prospects of selling the business as a going concern. These rulings continue a string of court victories for the Company as it continues along its reorganization path toward a September auction while continuing its normal operations for customers.
Command Spanish, Inc.
Job-Specific Spanish Instruction Makes Its Mark On the Workforce, Reports Command Spanish Online
PETAL, Miss., Aug. 19, 2008 (GLOBE NEWSWIRE) -- Have you ever wondered how non-Spanish-speaking professionals such as doctors, bank tellers, and construction supervisors communicate with Spanish-speaking patients, clients, or workers? They don't, or at least not very well, and based on current dramatic demographic changes and the fact that the United States observes no official language, the problem continues to grow. There is relief in sight. Command Spanish(r), Inc. is doing its part to bridge the language gap through CommandSpanishOnline.com. They provide powerful, online, job-specific Spanish courses at only $99.00 each. Study times can vary between 12-18 hours depending on the selected course. They offer professionals an affordable and effective language solution for daily interaction with Spanish-speakers. Twelve programs are available now, and representatives of Command Spanish(r) Online assure us that more are to come soon. No prior knowledge of Spanish is needed to take the courses. "Learning a full language can be extremely daunting and takes literally years and years to master. Moreover, most popular language programs are built in such a way as to `learn it today/forget it tomorrow,'" says Sam Slick, President of Command Spanish(r), Inc. "We decided to break the mold and teach only the Spanish that's needed through programs that are designed for long term retention." He points out that this is accomplished by Command Spanish(r) Online's proprietary language learning system: Language Power-Lock System (tm).
Crown Castle International Corp.
Crown Castle International Elects to Redeem 4 Percent Convertible Senior Notes Due 2010
HOUSTON, Aug. 19, 2008 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) today announced that it has elected to redeem its 4% Convertible Senior Notes due 2010 at the contractual redemption price of 101.143% of principal, plus accrued and unpaid interest, if any. The trustee, The Bank of New York Mellon, has issued a notice of redemption to holders of record with a redemption date of September 18, 2008. There are currently approximately $25.2 million of these notes outstanding.
Dow Jones Indexes
STOXX Changes Composition of European Benchmark Indexes
ZURICH, Switzerland, Aug. 19, 2008 (GLOBE NEWSWIRE) -- STOXX Ltd. today announced changes in the composition of the Dow Jones STOXX Global 1800 Index, the Dow Jones STOXX Total Market Index, the Dow Jones STOXX 600 Index and its sector indexes, the Dow Jones STOXX EU Enlarged Total Market Index and the Dow Jones STOXX Football Index.
Baywood International Inc
Layfield Energy Teams Up With Innovative Beverage to Distribute Mamajuana
SCOTTSDALE, Ariz., Aug. 19, 2008 (GLOBE NEWSWIRE) -- Baywood International, Inc. (OTCBB:BAYW) ("Company") and Layfield Energy, Inc. announced that the distribution of Mamajuana Extreme has been expanded into Innovative Beverage Group, Inc. ("Innovative Beverage"). Innovative Beverage develops and distributes cutting-edge New Age beverages to retail stores, grocery markets, niche food industry outlets, and consumers throughout Houston, Dallas, Austin, San Antonio and Fort Worth.
Finkelstein Thompson LLP
Finkelstein Thompson LLP Investigates UnionBanCal Corp.
WASHINGTON, Aug. 19, 2008 (GLOBE NEWSWIRE) -- The law firm of Finkelstein Thompson LLP is currently investigating potential breach of fiduciary duty shareholder claims arising from the proposed acquisition of UnionBanCal Corp. ("UnionBanCal" or the "Company") (NYSE:UB) by Mitsubishi UFJ Financial Group ("MUFG").