latest news releases from the newsroom
Crown Crafts, Inc.
Crown Crafts, Inc. to Announce Results for First Quarter of Fiscal Year 2007
GONZALES, La., Aug. 9, 2006 (PRIMEZONE) -- Crown Crafts, Inc. (OTCBB:CRWS) intends to release the results of its operations for the first quarter of fiscal year 2007 before the market opens on Wednesday, August 16, 2006. E. Randall Chestnut, Chairman, President and Chief Executive Officer, and Amy Vidrine Samson, Chief Financial Officer, will host a teleconference at 1:00 p.m. Central Daylight Time on that same day to discuss the Company's results and answer appropriate questions from stockholders.
Imaging3's Revolutionary Technology, The Dominion, Expected to Significantly Improve Outcomes and Reduce Risk in Pediatric Care
BURBANK, Calif., Aug. 9, 2006 (PRIMEZONE) -- Imaging3, Inc.(tm) (OTCBB:IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, today provided an overview of the company's upcoming new product, The Dominion(tm), and its expected role in enhancing pediatric procedures and care.
W2 Energy Inc.
W2 Energy Featured on Stu Taylor on Business Radio Program -- Thursday August 10th at 8:00 AM EDT
NEW YORK, Aug. 9, 2006 (PRIMEZONE) -- W2 Energy, Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce that Michael McLaren, the Company's Chief Executive Officer, will be featured on Stu Taylor on Business (www.stutaylor.com), a business talk radio program. Stu Taylor will be speaking with Michael McLaren on Thursday, August 10, 2006 at 8:00 am EDT. New England residents can listen live on WBIX AM 1060 or via the Internet at http://www.wbixonline.com/. To listen online, just scroll down WBIX's home page and click on the purple "audio click here" button. Past guests on Stu Taylor on Business include Jack Welch, former CEO of GE, Joe Scarbourough of MSNBC, and business book author Harvey Mackay.
Toll Brothers, Inc.
Toll Brothers Reports Preliminary 3rd Qtr FY 2006 Totals for Home Building Revenues, Backlog and Contracts
HORSHAM, Pa., Aug. 9, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported preliminary results for home building revenues, backlog and contracts for the third-quarter and nine-month periods ended July 31, 2006.
Golden Ocean Group Limited
Golden Ocean Group Limited: Successful Completion of Equity Issue
HAMILTON, Bermuda, Aug. 9, 2006 (PRIMEZONE) -- The Board of Golden Ocean Group Limited (the "Company") is pleased to announce that the Company has completed a private placement of 24,500,000 shares placed at a subscription price of NOK 5.25 per share. The private placement was significantly over-subscribed. Gross proceeds from the equity issue amounted to approximately US$20.8 million. The proceeds from the offering will be used to fund recent strategic investments.
Evergreen Holdings, Inc.
Evergreen International Aviation, Inc. Announces Receipt of Requisite Consents Pursuant to Its Tender Offer and Consent Solicitation for Its 12 Percent Senior Second Secured Notes Due 2010
MCMINNVILLE, Ore., Aug. 8, 2006 (PRIMEZONE) -- Evergreen International Aviation, Inc., an Oregon corporation ("Evergreen"), announced today that more than a majority in aggregate principal amount of its outstanding 12% Senior Second Secured Notes Due 2010 (CUSIP No. 30024DAF7) (the "Notes") have been validly tendered pursuant to the provisions of its tender offer and consent solicitation for any and all of its outstanding Notes. As of the expiration of the consent solicitation, holders of approximately 97.94% of the outstanding principal amount of the Notes had tendered and consented to the proposed amendments to the indenture governing the Notes. Subject to the satisfaction or waiver of the remaining conditions set forth in the Offer to Purchase and Consent Solicitation Statement (the "Statement") dated July 20, 2006, Evergreen currently intends to accept the entire amount of Notes tendered pursuant to the tender offer and consent solicitation.
Transmeridian Exploration, Inc.
Transmeridian Reports Second Quarter 2006 Results of Operations
HOUSTON, Aug. 8, 2006 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) reported a net loss of $13.3 million, or $0.15 per share, on revenues of $5.2 million for the three months ended June 30, 2006, as compared to a net loss of $1.9 million, or $0.02 per share, on revenues of $2.0 million for the three months ended June 30, 2005. For the six months ended June 30, 2006, the net loss was $26.3 million, or $0.29 per share, on revenues of $8.0 million, as compared to a net loss of $4.1 million, or $0.05 per share, on revenues of $3.2 million for the six months ended June 30, 2005.
ADSERO Signs Term Sheet and Provides Update
MONTREAL, Aug. 8, 2006 (PRIMEZONE) -- ADSERO Corp. ("ADSERO") (OTCBB:ADSO), a North American printer cartridge re-manufacturer, today announced that it has closed the previously announced transaction with Turbon in relation to selling certain customer accounts and related inventory and fixed assets. Turbon paid an aggregate of approximately $2,800,000 of which approximately $1,920,000 reduced the outstanding balance due to Turbon under the supply credit facility between the Company and Turbon. The balance of the purchase price in the amount of approximately $880,000 was paid to National Bank of Canada to reduce our outstanding loan balance with National Bank of Canada.