latest news releases from the newsroom
Lantronix to Report Fourth Quarter and Fiscal Year End 2006 Financial Results on September 6 With Conference Call on September 7
IRVINE, Calif., Aug. 28, 2006 (PRIMEZONE) -- Lantronix, Inc. (Nasdaq:LTRX), a leader in device networking and data center management technologies, today announced that it will report financial results for the fourth quarter and fiscal year ended June 30, 2006 after the market closes on Wednesday, September 6, 2006. Management will conduct a conference call with simultaneous webcast on Thursday, September 7, 2006 at 10:00 a.m. Eastern time. President and Chief Executive Officer Marc Nussbaum and Chief Financial Officer Jim Kerrigan will discuss fourth quarter and fiscal 2006 results and the Company's outlook for fiscal 2007.
XsunX Looks to Tap Into U.S. Government's Solar America Initiative
ALISO VIEJO, Calif., Aug. 28, 2006 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX), provider of technologies for solar energy infrastructure and developer of Power Glass(tm), an innovative thin-film solar technology that is intended to allow glass windows to produce electricity from the power of the sun, today announced that letters of intent submitted in July for project funding opportunities under the President's Advanced Energy Initiative have been cleared for formal grant submittal under the Technology Pathway Partnerships Phase 1 program to promote the commercialization of emerging technologies in thin film photovoltaics, manufacture, and systems integration.
W2 Energy Inc.
W2 Energy Inc. to Acquire $10M in Project Finance
NEW YORK, Aug. 28, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce it has passed the application process and is in underwriting with a mid-size south western banking firm to provide debt financing for a 1000 bbd (barrels per day) diesel fuel project. This project once completed will provide the company with a cash flow of approximately $20M per year.
Seadrill Secures New Contract for Jack-up
HAMILTON, Bermuda, Aug. 28, 2006 (PRIMEZONE) -- Seadrill has been awarded a letter of intent by Pearl Oil Thailand and Nucoastal for the jack-up drilling rig West Janus (Seadrill 6). The contract has a duration of 210 days with commencement in the second quarter 2007. The contract value is approximately US$40 million.
Seadrill Secures New Tender Rig Contract in West Africa
HAMILTON, Bermuda, Aug. 28, 2006 (PRIMEZONE) -- Seadrill has been awarded a new contract by Cabinda Gulf Oil Company Limited/Chevron International Exploration and Production for development drilling on the Tombua-Landana field offshore Angola. The contract has a duration of three years with commencement in the first quarter 2009. Estimated contract value is approximately US$162 million, including a US$8.5 million mobilization fee. Pending release date from exiting contracts, Seadrill will use either West Berani or West Setia for this assignment.
Nidec Beefs Up HDD Motor R&D Capacity in Japan
KYOTO, Japan, Aug. 27, 2006 (PRIMEZONE) -- Nidec Corporation announced today a plan to expand Nagano Technical Center (the "Center"), one of its Japan-based R&D facilities handling the design and development of small precision motors for use in hard disk drives.