latest news releases from the newsroom
StockGuru.com Announces Profile Coverage of China Wireless
DALLAS, March 28, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated profile coverage of China Wireless Communications, Inc. (OTCBB:CWLC). China Wireless, headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in the People's Republic of China (China). The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China.
WEST PALM BEACH, Fla., March 28, 2006 (PRIMEZONE) -- Titleinsurance.com, the first and only source for consumers to comparison shop for title insurance, today announces its official launch.
co.don AG Signs Exclusive Distribution Agreement for Germany
TELTOW, Germany, March 28th, 2006 - co.don(r) AG (ISIN DE000517360 3), an Tissue Engineering and Regenerative Medicine biopharmaceutical company that develops, manufactures and markets innovative autologous cartilage and bone growth and repair therapeutics, announced today an exclusive three-year distribution agreement with ORMED GmbH & Co. KG -- to market co.don chondrosphere(r) and co.don chondrotransplant(r) DISC in Germany.co.don chondrosphere(r) is a three-dimensional in vitro cultured autologous matrix-supported articular cartilage without foreign carrier materials of animal and synthetic origin and with very easy surgical application avoiding defect covering, developed to regenerate and to replace removed or missing joint cartilage. ORMED GmbH & Co. KG will market co.don chondrosphere(r) under the brand ARTROcell 3D.
Nayna Networks, Inc.
Nayna CTO Dr. Raj Jain Receives ACM SIGCOMM's Test of Time Award
SANTA CLARA, Calif. and MUMBAI, India, March 28, 2006 (PRIMEZONE) -- Nayna Networks, Inc., (OTCBB:NAYN), a provider of next generation network solutions, today announced that Dr. Raj Jain, Nayna Networks' chief technology officer, is a recipient of ACM SIGCOMM's Test of Time Award.
Jerini AG Reports Financial Results for Fiscal Year 2005
BERLIN, March 28, 2006 (PRIMEZONE) -- Jerini AG (FSE:JI4) reported financial results for fiscal year ended December 31, 2005 at a press conference today in Frankfurt. "In the last year, we have made significant progress towards establishing Jerini as an international pharmaceutical company. Our November IPO, along with a private financing round early in 2005, raised more than EUR 86 million, laying a firm foundation for future growth," said Jens-Schneider-Mergener, CEO of Jerini.
Habanero Resources Inc.
Habanero Resources Announces Drilling Now Underway on Alberta Gas Well
VANCOUVER, British Columbia, March 28, 2006 (PRIMEZONE) -- Habanero Resources Inc. (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) ("Habanero") is pleased to announce that it has been informed by the operator of the Cardium Burnstick Prospect (announced December 29, 2005) that drilling is now underway. This first well is expected to be drilled to depth within 14-21 days, barring any unforeseen issues. This first well is in a development location within the Cardium Burnstick Member reservoir trend in an area located south of Edmonton, Alberta. Habanero has secured a 10% working interest in this prospect.
Petroleum Geo-Services ASA
PGS to Demerge its Production Activities
OSLO, Norway, March 28, 2006 (PRIMEZONE) -- Petroleum Geo-Services ASA ("PGS" or the "Company") (OSE:PGS) (NYSE:PGS) announced today that its Board of Directors has decided to recommend to PGS' shareholders a separation of the Company into two separately listed businesses by demerging its activities within floating production (the "Production Business") into a newly-formed entity named Petrojarl ASA ("Petrojarl"). The activities within the geophysical business (the "Geophysical Business") will continue in the name of PGS. The separation will be implemented through a combined demerger and offering structure.
Desert Health Products, Inc.
Desert Health Products, Inc. President and CEO Sets Bold New Agenda
SCOTTSDALE, Ariz., March 27, 2006 (PRIMEZONE) -- Desert Health Products, Inc. (OTCBB:DHPI) announced today as part of it's plan of reorganization, the appointment of David Stewart as Chief Executive Officer, effective March 21, 2006. The appointment of Stewart comes with the recommendation of the Unsecured Creditors Committee and Court Approval of this experienced seasoned executive.