latest news releases from the newsroom
Orsus Xelent Technologies, Inc.
Orsus Xelent Technologies Launches New Line of Handsets
NEW YORK, Feb. 13, 2006 (PRIMEZONE) -- Orsus Xelent Technologies, Inc. (OTCBB:ORXT), a designer and manufacturer of mobile phones, today announced that the company has increased its product line-up with the introduction of a new line of GSM handsets that offer a combination of high design quality, the latest features and competitive pricing.
Immediatek's DiscLive to Tour With dada
DALLAS, Feb. 13, 2006 (PRIMEZONE) -- Immediatek's (OTCBB:ITEK) DiscLive, a pioneer in the space of recording live content and making it available immediately after the event, announced that it will be working with the acclaimed rock band dada as they embark on a string of dates along the East Coast.
Ocwen Financial Corp.
Ocwen Loan Servicing Seeks Reversal of a Galveston Court Decision, Reiterating Long-Standing Commitment to 'Win-Win' Loan Resolutions
WEST PALM BEACH, Fla., Feb. 13, 2006 (PRIMEZONE) -- A subsidiary of Ocwen Financial Corporation (NYSE:OCN) will ask a Galveston, Texas judge to set aside a $1.8 million judgment entered last week in a case involving a $31,000 home-improvement loan that had fallen into delinquency. The judgment against Ocwen Loan Servicing is based on a $5,000 actual damage award, but also includes statutory and other damages, plus over $1 million for the borrower's attorneys' fees. Ocwen is a leader in the non-conforming mortgage industry in resolving seriously delinquent loans, finding "win-win" solutions in long-overdue loans more than 75 percent of the time.
Emerge Capital Corp.
Power Technology Signs New Contract with Emerge Capital Corp. Subsidiary for Advisory and Acquisition Services
HOUSTON, Feb. 13, 2006 (PRIMEZONE) -- Emerge Capital Corp. (OTCBB:EMGC) announced today the signing of a new contract with Power Technology, Inc. (OTCBB:PWTC) for advisory services. This is the third advisory services agreement for Power Technology, led by Tim Connolly, CEO of Emerge Capital Corp. and its operating subsidiary, Corporate Strategies, Inc. Bernard J. Walter, CEO of Power Technology, stated, "We have come to rely on Corporate Strategies for their sound judgment, experience, and advice. We look forward to a continuing successful relationship."
Port of Houston Authority
Port of Houston Authority Volunteers Ready for Trash Bash
HOUSTON, Feb. 13, 2006 (PRIMEZONE) -- The Port of Houston Authority (PHA) will join forces with thousands of dedicated volunteers on March 25 to help clean Houston area waterways during the 13th annual River, Lakes, Bays 'N Bayous Trash Bash. The PHA's employee volunteers, the SuPORTers, will coordinate cleanup activities at the Baytown Nature Center, located at 1613 Bayway Drive in Baytown.
CDMA Development Group
CDMA2000 Adds a Record 25 Million New Users in 4Q 2005
COSTA MESA, Calif., Feb. 13, 2006 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) reported today that the CDMA2000(R) subscriber base reached 225 million users worldwide at the end of 2005, a 25 million increase over 3Q and 78 million more than the previous year. The number of CDMA2000 1xEV-DO subscribers nearly doubled in the past year and reached over 24 million, as CDMA2000 operators continued to deploy and expand their broadband services. Driven by the strong demand for CDMA2000, the total CDMA subscriber base grew to 302 million worldwide.