latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Exploration Announces Increased Production
HOUSTON, Aug. 10, 2005 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) announced today that crude oil production from its South Alibek field ("the Field") in Kazakhstan for the second quarter of 2005 reached an all time high of 118,000 barrels ("Bbls"), or an average of 1,300 Bbls per day. Production for the second quarter increased more than 60% over the first quarter of 2005 and more than 54% when compared to the second quarter of 2004. The increase was primarily as a result of production from the recently completed well, SA-14, together with production from four previously drilled wells. Only two wells, the SA-1 and SA-2, produced throughout the quarter. As the workover program discussed below is completed, the Company expects significant improvement in production from all of the wells.
Intelligent Security Networks, Inc.
Suncoast Naturals, Inc. to Acquire RADA Technologies, Inc. Through Share Exchange; Approves Change of Name to Intelligent Security Networks, Inc.
BOCA RATON, Fla., Aug. 10, 2005 (PRIMEZONE) -- Suncoast Naturals, Inc. (Pink Sheets:SNTL) announced today that it entered into a definitive Share Exchange Agreement with RADA Technologies, Inc. of Doylestown, Pa. ("RADA") whereby Suncoast Naturals, Inc. will acquire 100% of the capital stock of RADA through the issuance of 18,870,000 Shares of its Common Stock and 10,000 Shares of Class B Preferred Stock, which will have preferential voting rights, to RADA shareholders. RADA has previously acquired the assets of RADA Systems, Inc. (www.RADA-Systems.com), including its physical assets, intellectual property, contracts, and accounts receivable. The Company anticipates that the transaction will be completed within thirty days.
Luminetx Signs $16 Million Distribution Agreement with Diomed Holdings
MEMPHIS, Tenn., Aug. 10, 2005 (PRIMEZONE) -- Luminetx Corporation, a leading developer and marketer of bioscience technologies, including its patented infrared vein imaging system, VeinViewer(tm), announced today a 3-year distribution agreement with Diomed Holdings, Inc. (AMEX:DIO), an industry leader in the area of minimally invasive medical technologies, including its patented EVLT(r) for varicose veins.
Murray, Frank & Sailer LLP
Investor Deadline: August 15, 2005 is the Last Day to Move for Lead Plaintiff Appointment in the Shareholder Class Action Against PEMSTAR Inc. -- PMTR
NEW YORK, Aug. 10, 2005 (PRIMEZONE) -- Murray, Frank & Sailer LLP would like to inform all shareholders who purchased or otherwise acquired the securities of PEMSTAR Inc. ("PEMSTAR" or the "Company") (Nasdaq:PMTR) between January 29, 2003 and January 24, 2005, inclusive (the "Class Period"), that August 15, 2005 is the last day to move for lead plaintiff appointment.
Film & Music Entertainment
Film and Music Entertainment Announces Moonpie! Their Third Film This Year!
HOLLYWOOD, Aug. 10, 2005 (PRIMEZONE) -- Film and Music Entertainment, Inc. (Pink Sheets:FLME) announced today it has commenced production of its third film this year, "Moonpie," a romantic comedy starring MAD TV's Michael McDonald and Stephanie Weir as an elementary school principal and third grade teacher who, despite their troubles, find romance in the unlikeliest of places. Written and directed by Drake Doremus.
CTR Investments & Consulting, Inc.
CTR Acquires Secugraphics USA, a Leading Provider of Passport and Identity Card Products and Services
WASHINGTON, Aug. 10, 2005 (PRIMEZONE) -- CTR Investments and Consulting, Inc. (CTR) (Pink Sheets:CIVX), as a result of a special meeting of the Board of Directors, is pleased to announce the acquisition of Secugraphics USA, a leading provider of passport, visa, electronic banking and identity card technology products and services.
Penn's Landing Corporation
Authentic Cuisine and Cultural Dance Highlight The Festival of India, Part of 2005 PECO Energy Multicultural Series, at the Great Plaza at Penn's Landing
PHILADELPHIA, Aug. 10, 2005 (PRIMEZONE) -- Celebrate the ethnic heritage of India at Penn's Landing on Saturday, August 20, 2005. This FREE event will continue from Noon until 7 p.m. with a day full of food, music, dancing and crafts. The Festival of India will be held at the Great Plaza on Penn's Landing, on Columbus Boulevard at Chestnut Street. With a theme of "Unity in Diversity," this event, which attracts close to 10,000 people each year, is supported by the more than 25 active Indian organizations in the Greater Philadelphia region. This event, one of the ten cultural festivals that make up the PECO Energy Multicultural Series is also made possible by Independence Blue Cross, the presenting sponsor of the 2005 Summer season at Penn's Landing.