latest news releases from the newsroom
Industrial Nanotech, Inc.
Industrial Nanotech's Nansulate Causes Energy Reduction in Hot Food Storage Cabinets
NAPLES, Fla., Sept. 21, 2006 (PRIMEZONE) -- Industrial Nanotech, Inc. (Pink Sheets:INTK), a company that specializes in nanotechnology innovation and product development, today announced that its Nansulate coating has been used by Intermetro, a division of Emerson Storage Solutions, to insulate its hot food storage cabinets. According to Intermetro, the cabinets experienced energy savings of 35% upon the application of Nansulate.
Credit Acceptance Corporation
Credit Acceptance Corporation Announces Completion of $50 Million Credit Facility
SOUTHFIELD, Mich., Sept. 21, 2006 (PRIMEZONE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today the completion of a $50.0 million credit facility with Variable Funding Capital Company LLC, a multi-seller commercial paper conduit administered by Wachovia Securities. Prior to this facility, the effective amount the Company's special purpose entities could borrow against collateral previously contributed by the Company to term securitizations decreased as those related term securitizations amortized. This facility allows the Company's special purpose entities to utilize more of their borrowing capacity throughout the life of the related term securitization.
QLogic SANbox Fibre Channel Blade Switches Qualified by Cisco and EMC
ALISO VIEJO, Calif., Sept. 21, 2006 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in blade server switches, today announced that Cisco Systems and EMC have qualified QLogic SANbox(r) Fibre Channel switch modules for IBM BladeCenter(r) with MDS 9000 Series Multilayer Directors and Fabric Switches from Cisco. EMC has qualified the combination of the QLogic switches and the Cisco MDS 9000 Series for use with EMC(r) Symmetrix(r) DMX series and EMC CLARiiON(r) CX series networked storage systems.
Asia Properties, Inc.
Asia Properties CEO Comments On Thai Coup
BELLINGHAM, Wash., Sept. 21, 2006 (PRIMEZONE) -- Asia Properties, Inc. or "API" (Pink Sheets: ASPZ) CEO Daniel McKinney today applauded the recent actions and expressed support for the Council for Democratic Reform "CDR," which through a Coup d'etat on September 19 dismissed the caretaker government of Thaksin Shinawatra.
Chitlins By Shauna Inc
Maryland Businesswoman Shauna Anderson Sues County, City and District Agencies for $18 Million for Deliberate and Sustained Efforts to Shut Down Her Chitlin Market
HYATTSVILLE, Md., Sept. 21, 2006 (PRIMEZONE) -- Paul W. Gardner, II, Esq., filed a lawsuit on behalf of Shauna Anderson against The City of Hyattsville Office of Code Enforcement, Prince George's County, Maryland Division of Environmental Health, Food Protection Program and The Washington Suburban Commission. Anderson believes that these agencies have deliberately and continuously attempted to shut down her Chitlin sales and stop her from opening her Chitlin Restaurant in Maryland.
Riverview Bancorp, Inc.
Riverview Bancorp Declares $0.10 Cash Dividend
VANCOUVER, Wash., Sept. 21, 2006 (PRIMEZONE) -- Riverview Bancorp (Nasdaq:RVSB) today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share. This payout represents a 5% increase over the prior quarter's dividend, after adjusting for last month's 2-for-1 stock split. The dividend will be paid on October 16, 2006, to shareholders of record September 30, 2006.
Itec Environmental Group, Inc.
Itec Environmental Group, Inc. Appoints Ron Domingue to Its Board of Directors
OAKDALE, Calif., Sept. 21, 2006 (PRIMEZONE) -- Itec Environmental Group, Inc., a Delaware corporation ("Itec"), (OTCBB:ITEC) is pleased to announce the appointment of Ron Domingue to Itec's Board of Directors. Mr. Domingue brings extensive financial, logistical and engineering experience to Itec. He is a managing partner at Arbor Malone, LLC ("Arbor Malone") and was a co-founder of SupplyBase, Inc. ("SupplyBase"), a supply-chain software company that was acquired by i2 Technologies, Inc. Prior to SupplyBase, Mr. Domingue held positions in product management, engineering and field marketing at GE Plastics, a subsidiary of General Electric Company ("General Electric") for over 13 years. Mr. Domingue graduated, Cum Laude, with a Bachelor of Science in Mechanical Engineering from the University of Vermont. He received a Masters of Science in Mechanical Engineering from Rensselaer Polytechnic Institute and he is a graduate of General Electric's Edison Engineering Program.