latest news releases from the newsroom
Oriens Travel & Hotel Management Corp.
Oriens Completes Online Credit Card Processing Integration for Hotel PURE
LAS VEGAS, Aug. 12, 2008 (PRIME NEWSWIRE) -- Oriens Travel & Hotel Management Corp. (Pink Sheets:OTHM) (http://www.orienscorp.com), an emerging Travel and Hotel Management Company, operating online travel booking site 128trip (http://www.128trip.com) and hotel management subsidiary Hotel PURE (http://www.HotelPURE.com), is pleased to report it has completed Online Credit Card processing integration for its Hotel PURE booking engine.
Royaltech Corp.'s Common Stock to Consolidate Fifteen to One
MONTREAL, Aug. 12, 2008 (PRIME NEWSWIRE) -- Royaltech Corp. (OTCBB:RYTE) (the "Company"), today announces that effective at the opening for trading on August 12, 2008, the Company's issued and outstanding common stock will be consolidated at a ratio of a one (1) new share for fifteen (15) old shares. The authorized capital of the Company will remain at 50,000,000 shares of common stock with a par value of $0.0001. The issued and outstanding share capital will decrease from 17,852,425 shares of common stock to 1,190,162 shares of common stock.
Rockwell Medical, Inc.
Rockwell Medical Technologies, Inc. Reports Second Quarter Sales Increase of 15.5 Percent; Margins Increase Sequentially
WIXOM, Mich., Aug. 12, 2008 (PRIME NEWSWIRE) -- Rockwell Medical Technologies, Inc. (Nasdaq:RMTI), an innovative specialty pharma company developing renal drug therapies and essential dialysate products, reported second quarter 2008 sales of $12.2 million, an increase of 15.5% over sales of $10.5 million in the second quarter of last year. First half 2008 sales of $24.6 million increased 22.8% over the first half of 2007. Loss per share in the second quarter of 2008 was ($.08) compared to ($.04) in the second quarter of 2007. Loss per share in the first half of 2008 was ($.17) compared to a loss per share of ($.18) in the first half of 2007.
Amelot Holdings, Inc.
Amelot Holdings, Inc. Announces Completion of Barbados Refining Facility
SAINT THOMAS, Barbados, Aug. 12, 2008 (PRIME NEWSWIRE) -- Amelot Oil Barbados Ltd. a wholly owned subsidiary of Amelot Oil, Inc. is pleased to announce that the Biomatic 400, an important component of the Company's biodiesel refining facilities, has been cleared by Barbados customs and is at its new home at the Future Centre in Saint Thomas, Barbados, marking the completion of the Group's Barbados refining facility.
Foundry Networks, Inc.
Foundry Simplifies Business Operations With IBM Tivoli Integration Solution
SANTA CLARA, Calif., Aug. 12, 2008 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end routing and switching, today announced out-of-the-box integration with IBM Tivoli Netcool software for customers using Foundry(r) switching and routing products. This integration facilitates simplified operations for Foundry customers using IBM Tivoli Netcool, thereby helping improve business efficiency.
Pain Therapeutics, Inc.
FDA Accepts REMOXY New Drug Application and Grants Priority Review
SAN MATEO, Calif. and BRISTOL, Tenn., Aug. 12, 2008 (PRIME NEWSWIRE) -- Pain Therapeutics, Inc. (Nasdaq:PTIE) and King Pharmaceuticals, Inc. (NYSE:KG) today announced that the New Drug Application (NDA) for REMOXY(r) was accepted and granted Priority Review by the U.S. Food and Drug Administration (FDA). The FDA typically grants Priority Review to drug candidates that have the potential to demonstrate significant improvements compared to marketed products. The FDA goal for completing review of a drug with Priority Review status is six months from the date the application was submitted. The REMOXY NDA was submitted to the FDA on June 10, 2008.