latest news releases from the newsroom
Flint Telecom Group, Inc.
Semotus Sells Financial Wireless Assets to Stockgroup
LOS GATOS, Calif., May 9, 2007 (PRIME NEWSWIRE) -- Semotus Solutions, Inc. (AMEX:DLK), an innovative leader of software solutions for enterprise mobility, today announced that it has signed an agreement to sell its wireless financial information assets to Stockgroup Systems, Ltd. (OTCBB:SWEB) (TSX-V:SWB). Semotus expects to benefit over the next two years through a revenue share agreement, leveraging Stockgroup's strength in the financial market niche.
Discovery Laboratories, Inc.
Discovery's KL-4 Surfactant Technology Demonstrates Novel Anti-Inflammatory Properties
WARRINGTON, Pa., May 9, 2007 (PRIME NEWSWIRE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) announced that new data supporting the anti-inflammatory properties of its novel KL-4 surfactant (lucinactant) replacement technology were presented yesterday at the Pediatric Academic Societies Annual Meeting in Toronto, Canada. The presentations included the results from two studies that demonstrate Surfaxin(r) (lucinactant administered as an intratracheal suspension) has the potential to reduce lung inflammation. The Pediatric Academic Societies annual meeting is internationally recognized as the largest, most relevant medical meeting dedicated to pediatric critical care research.