latest news releases from the newsroom
Schiffrin Barroway Topaz & Kessler, LLP
The Law Firm Of Schiffrin & Barroway, LLP Announces that American Express Company Clients Have Thirty-five Days Remaining to File Lead Plaintiff Motion -- AXP
BALA CYNWYD, Pa., March 29, 2004 (PRIMEZONE) -- American Express clients have thirty five (35) days to move for lead plaintiff in a securities fraud class action recently brought on behalf of clients of American Express Financial Advisors, Inc. ("AEFA") who purchased mutual funds in the American Express family of mutual funds, which are managed by the American Express Company (NYSE:AXP) ("AEC") between March 10, 1999 and February 9, 2004 (the "Class Period") seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act"), the Investment Advisers Act of 1940 (the "Investment Advisers Act") and common law. If you purchased a member of the class described above, and you wish to be a lead plaintiff in the case, you must move to serve as lead plaintiff by filing a motion in the United States District Court for the Southern District of New York by May 3, 2004.
Innovation Philadelphia Hosts Advanced Technology Program Seminar
PHILADELPHIA, March 29, 2004 (PRIMEZONE) -- Innovation Philadelphia, in association with the National Institute of Standards and Technology (NIST), the Pennsylvania Department of Community and Economic Development (DCED), Temple University's Innovation and Entrepreneurial Institute, and Innovation Partnership, held a seminar on March 17th for NIST's Advanced Technology Program (ATP) at Temple University's Kiva Auditorium.
Trans Max Technologies, Inc.
Trans Max Technologies, Inc. Announces Letter of Intent for $2,000,000 from a Major Motorcycle Aftermarket Vendor
RONKONKOMA, N.Y., March 29, 2004 (PRIMEZONE) -- Perma-Tune Electronics, Inc., a wholly-owned subsidiary of Trans Max Technologies, Inc. (OTCBB:TMXT), today announced the signing of a Letter of Intent with a Major Motorcycle Aftermarket Vendor to distribute Plasmatronics' (a division of Perma-Tune Electronics, Inc.) Plasma Drive Ignition System. The Letter of Intent will be converted to an order within approximately 45 days. The Letter of Intent is for a minimum of 2,000 units and represents sales of approximately $2,000,000.
Wolf Popper LLP
Wolf Popper Litigation Update:
NEW YORK, March 29, 2004 (PRIMEZONE) -- Sonus Networks, Inc. (Nasdaq:SONS) announced today that the filing of its amended annual report for the fiscal year ended December 31, 2003 will be delayed. The Company further announced that it expects to restate its financial results from 2002 and the first three quarters of 2003 and is considering expanding its ongoing accounting review to prior periods.
Vertex Interactive, Inc.
Vertex Interactive Returns to OTC Bulletin Board Trading
SOUTH PLAINFIELD, N.J., March 29, 2004 (PRIMEZONE) -- Vertex Interactive, Inc. (OTCBB:VETX), a leading provider of internet enabling business-to-business fulfillment solutions, today announced that as of 9:31 a.m. eastern standard time the Company's stock was readmitted to trading on the Bulletin Board ("OTCBB") under the symbol VETX.