latest news releases from the newsroom
DISH Network Corporation
EchoStar Wins Patent Suit
ENGLEWOOD, Colo., May 21, 2007 (PRIME NEWSWIRE) -- EchoStar Communications Corporation (Nasdaq:DISH) issued the following statement regarding recent developments in the Forgent Networks, Inc. lawsuit:
Hexagon Metrology, Inc.
Brown & Sharpe ONE Scanning Shop Floor CMM
NORTH KINGSTOWN, R.I., May 21, 2007 (PRIME NEWSWIRE) -- Hexagon Metrology, Inc. will introduce a continuous contact analog scanning option for the Brown & Sharpe ONE Shop Floor CMM at the EASTEC 2007 Exposition, on May 22-24, in West Springfield, Mass., booth #3101. Two models, the ONE 7.7.5 (700x700x500mm measuring range) and 7.10.7 (700x1000x700mm) models are now offered in a "scan ready" package that includes a TESA Swiss-made TESASTAR-m 2,952 position motorized probe head, which can be mated to a variety of contact scanning probe options including the Renishaw SP25M.
NetManage Reports First Quarter 2007 Financial Results
CUPERTINO, Calif., May 21, 2007 (PRIME NEWSWIRE) -- NetManage, Inc. (Nasdaq:NETM), a software company that provides the fastest way to transform legacy applications into new Web-based business solutions, today reported financial results for the first quarter ended March 31, 2007.
Pride International, Inc.
Pride International, Inc. Announces Five-Year Contract Award for Semisubmersible Pride Mexico
HOUSTON, May 21, 2007 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that the board of directors of Petroleo Brasileiro S.A. (Petrobras) has approved the award of a five-year contract for the semisubmersible rig Pride Mexico for drilling operations offshore Brazil. The contract, which is subject to final execution, is expected to commence during the second quarter of 2008, following an estimated 270-day shipyard program and subsequent mobilization from the U.S. Gulf of Mexico to Brazil. Revenues that could be generated over the five-year contract, inclusive of a performance bonus opportunity of up to 15 percent, total approximately $482 million. The estimate excludes revenues for mobilization, demobilization and customer reimbursables. The contract also provides for an operating cost escalation provision.
Pacific Sunwear of California, Inc.
Pacific Sunwear Announces First Quarter Results
ANAHEIM, Calif., May 21, 2007 (PRIME NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced that total sales for the first quarter (13-weeks) of fiscal 2007 ended May 5, 2007 were $320.6 million, an increase of 6.9 percent over total sales of $299.9 million during the first quarter (13-weeks) of fiscal 2006 ended April 29, 2006.