latest news releases from the newsroom
Lantis Laser Signs MOU for Exclusive Rights for Advanced Alexandrite Laser for Dental Application
DENVILLE, N.J., Dec. 4, 2007 (PRIME NEWSWIRE) -- Lantis Laser Inc. (Pink Sheets:LLSR) (http://www.lantislaser.com), announced today that it had signed a Memorandum of Understanding ("MOU") with Laser Energetics, Inc. (Pink Sheets:LNGT) to form a Joint Venture, based on equal participation, to market and distribute Laser Energetics BrightStar Alexandrite laser for dental applications. The Joint Venture will have the exclusive rights to Laser Energetics patented technology for building lower cost conductively cooled lasers rather than the higher cost water-cooled systems.
Baidu.com, Inc. to Join the NASDAQ-100 Index Beginning December 4, 2007
NEW YORK, Dec. 4, 2007 (PRIME NEWSWIRE) -- Baidu.com, Inc.'s American depositary shares (Nasdaq:BIDU) will become a component of the NASDAQ-100 Index (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Tuesday, December 4, 2007. Baidu.com will be the first company from China to be included into the NASDAQ-100.
STEC Announces Industry's First MLC-Based Solid State Drive, Optimized for Notebook Applications, Cutting the Price of Current SSDs by Half
SANTA ANA, Calif., Dec. 4, 2007 (PRIME NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) today announced the industry's first multi-level cell (MLC)-based solid state drive: the MACH8-MLC. Currently sampling to OEM customers, the MACH8-MLC meets the storage requirements of several applications in the high volume portion of the SSD market. Notebook computers and portable media players are among the applications that benefit from MLC-based SSDs due to the need for cost-effective SSD which also provides reduced power consumption, reduced weight and improved reliability.
Warren Resources, Inc.
Warren Resources Announces Federal Court Denies Environmentalists' Request for Preliminary Injunction
NEW YORK, Dec. 4, 2007 (PRIME NEWSWIRE) -- Warren Resources, Inc. (Nasdaq:WRES) announced today that on November 30, 2007, the United States Federal Court for the District of Columbia (the "Federal Court") issued an order denying the requests for preliminary injunction in the suit filed in the Federal Court by the Natural Resources Defense Council, Biodiversity Conservation Alliance, Wyoming Outdoor Council, Western Watershed Project and Wyoming Wilderness Association. The requests for preliminary injunction sought a stay covering all drilling and development activities authorized by the Record of Decision of the Final Environmental Impact Statement ("FEIS") for the Atlantic Rim Natural Gas Development Project issued by the Bureau of Land Management ("BLM"). The Federal Court denied the parties requests for preliminary injunction, and held that the environmental groups failed to show that they were likely to succeed on the merits of their arguments and claims.