latest news releases from the newsroom
Lake City Bank
Lake City Bank Reports 3rd Quarter Results
WARSAW, Ind., Oct. 27, 2008 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported quarterly net income of $5.2 million for the third quarter of 2008 versus $4.4 million for the third quarter of 2007, an increase of 19%. Diluted net income per share for the quarter was $0.42 versus $0.35 for the comparable period of 2007. In the second quarter of 2008, net income and diluted earnings per share were $4.8 million and $0.39, respectively.
CDMA Development Group
CDMA2000 Operators Will be Among the First to Deploy LTE and Mobile WiMAX to Complement Their 3G Networks
COSTA MESA, Calif., Oct. 27, 2008 (GLOBE NEWSWIRE) -- The CDMA Development Group (CDG) today announced that CDMA operators will be among the first to complement their 3G networks with wider bandwidth OFDM-based technology solutions, such as Long Term Evolution (LTE) and Mobile WiMAX, as the 3G CDMA2000(r) family of technologies continues its rapid growth. CDMA operators are well-positioned to build on the wireless data business models they have developed for CDMA2000 1xEV-DO, and their 3G voice, broadband and broadcast data services will serve as their core revenue generators as they deploy next-generation networks.
Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions to Present At the AEA Classic Financial Conference
SAN DIEGO, Oct. 27, 2008 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense, information technology and homeland security solutions provider, today announced that Eric DeMarco, President and Chief Executive Officer, will present at the 38th annual American Electronics Association Classic Financial Conference on Nov. 3-4, 2008, at the Manchester Grand Hyatt in San Diego, CA.
Reed's, Inc. Announces Enhanced Partnership With Rosauers Supermarkets
LOS ANGELES, Oct. 27, 2008 (GLOBE NEWSWIRE) -- Reed's, Inc. (Nasdaq:REED) announced today that it has formed an enhanced partnership with Rosauers Supermarkets, a chain of 21 supermarkets based in Spokane, Washington and serving the Inland Pacific Northwest under the banners of Rosauers, Super 1 Foods and Huckleberry's Natural Markets. Rosauers Supermarkets carry a wide variety of natural and organic products, including select Reed's ginger brews and Virgil's All Natural Sodas, and has committed to begin carrying Reed's full product line throughout its 21 locations.