latest news releases from the newsroom
SmallCap Sentinel: Revenues as Life
IRVINE, Calif., June 29, 2006 (PRIMEZONE) -- "For emergent companies there is rarely news more important than that of increased profits and revenues, not just in the obvious benefit of a sustaining influx of capital to the company, but also in the implied value to existing and prospective shareholders," stated SmallCap Sentinel analyst D.R. Clark. "Clearly, a year-to-year or quarter-to-quarter increase validates at least some element of the company's business plan in a stock market where ideas and products are often plied without sale for years on end."
Unique Pizza and Subs
Agreement With Revention Will Help Unique Pizza and Subs' Customer Response Center Increase Store Revenues
PITTSBURGH, June 29, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (PinkSheets:UPZS), a Delaware Corporation, is pleased to announce the signing of a working agreement with Revention, to assist in developing the Company's Point of Sale system -- a key component of Unique Pizza and Subs Customer Response Center. Under the direction of William "Billy" Blackwell, Chief Information Officer for Unique Pizza and Subs, the Point of Sale System will provide franchisees with some of the industry's most innovative software to ensure more efficient operations and increased profits. A touch screen system simplifies the process by which each store is able to process orders, manage inventory, track deliveries and receive instant technical support.
Federal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines Earmarks $500,000 for Disaster Assistance
DES MOINES, Iowa, June 29, 2006 (PRIMEZONE) -- Homeowners affected by disasters in 2006 now have another source of funds available to repair or reconstruct their damaged homes. Beginning July 5, 2006, the Federal Home Loan Bank of Des Moines is allocating $500,000 to a Disaster Recovery Fund (DRF) to provide reconstruction or rehabilitation assistance to eligible households. Homes must be located within an active 2006 Federal Disaster Declaration in Iowa, Minnesota, Missouri, North Dakota or South Dakota to qualify for DRF.
Carver Bancorp, Inc.
Community Capital Bank Stockholders Approve Acquisition by Carver Bancorp, Inc.
NEW YORK, June 29, 2006 (PRIMEZONE) -- Carver Bancorp, Inc. (the "Company" or "Carver") (AMEX:CNY), the holding company for Carver Federal Savings Bank, and Community Capital Bank, a Brooklyn-based community bank and leader in providing credit to minority- and women-owned small businesses, announced that Community Capital's stockholders overwhelmingly approved their transaction yesterday at an Annual and Special Meeting of Stockholders. On April 6, 2006, Carver and Community Capital announced that they entered into a definitive agreement whereby Carver would acquire Community Capital for approximately $11.1 million, or $40.00 per Community Capital share, in cash.