latest news releases from the newsroom
HomeAid Opens New Chapter in Washington, D.C. to Build Housing for City's Homeless Population
NEWPORT BEACH, Calif., March 19, 2007 (PRIME NEWSWIRE) -- HomeAid, a leading national non-profit provider of housing for today's homeless, announced the opening of its 20th nationwide chapter in the nation's capital. The new chapter will be named HomeAid Washington, D.C., and was created through a partnership with the Home Builders Care Foundation (HBCF), the charitable affiliate of the Maryland-National Capital Building Industry Association (MNCBIA). With the generous support of the local home building industry, HomeAid Washington, D.C. will build housing facilities to cope with the city's rising homeless population as well as enable homeless individuals and families to get back on their feet after a life circumstance has rendered them without a home.
Intelligent Systems Corporation
Intelligent Systems Announces Fourth Quarter and FY2006 Results
NORCROSS, Ga., March 19, 2007 (PRIME NEWSWIRE) -- Intelligent Systems Corporation (AMEX:INS), www.intelsys.com, announced today the financial results for its fourth quarter and year ended December 31, 2006. Net income for fiscal year 2006 was $4.5 million compared to a net loss of $1.6 million in fiscal 2005. In 2006, net income was $1.00 per basic share ($0.98 per diluted share) compared to a loss of $0.36 per basic and diluted share in 2005.
Tix Corporation Announces the Acquisition of National Ticket Broker AnyEvent.Com
STUDIO CITY, Calif., March 19, 2007 (PRIME NEWSWIRE) -- Tix Corporation (OTCBB:TIXC) (the "Company") is pleased to announce the acquisition of AnyEvent.com for cash and restricted stock. AnyEvent.com along with 800/AnyEvent is a national ticket broker with offices in Cleveland, Ohio and Las Vegas, Nevada that handles tickets for concerts, sports, and theater events throughout the country.
QLogic Achieves Largest Installed Base of 4Gb and 2Gb Fibre Channel HBA Ports
ALISO VIEJO, Calif., March 19, 2007 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that as a result of its 2006 shipments, it now has the largest installed base of 4Gb and 2Gb Fibre Channel HBA ports of any supplier. Data from the Dell'Oro Group 4Q2006 SAN Report shows that the installed base of QLogic 4Gb and 2Gb Fibre Channel HBA ports is now 2.88 million, compared to 2.74 million for the nearest competitor, giving QLogic the largest installed base of 4Gb and 2Gb Fibre Channel HBA ports in the world. This installed base leadership of Fibre Channel ports was achieved without including the relatively new mezzanine card HBA market for blade servers, in which QLogic is also firmly established as the leader. The Dell'Oro report also shows that in 2006 QLogic became the first company to ship one million Fibre Channel HBA ports in a single year. The figures show that QLogic shipped 1.02 million Fibre Channel HBA ports last year, outpacing its nearest competitor by more than a quarter million ports.
Imperia Entertainment, Inc.
Imperia Entertainment Announces Stock Buyback Plan
BEVERLY HILLS, Calif., March 19, 2007 (PRIME NEWSWIRE) -- Imperia Entertainment, Inc. (Pink Sheets:IPEI) announced today that its board of directors has approved a $500,000 plan to buy back company stock on the open market to reduce the outstanding shares and enhance shareholder value. The plan calls for the company to repurchase on the open market up to $500,000 of its stock, from time to time, at the discretion of management. The company reserves the right to modify the plan, depending on market conditions. The plan will commence approximately two weeks after the company's closing of a $10 million bond deal with Nexxus One Capital Trust of Switzerland, A.G. The bond is expected to close next week, and the company intends to monetize the bond within two weeks after closing.
Crown Crafts, Inc.
Crown Crafts, Inc. Announces Move to NASDAQ Capital Market
GONZALES, La., March 19, 2007 (PRIME NEWSWIRE) -- Crown Crafts, Inc. (the "Company") (OTCBB:CRWS) announced today that its application for listing of its common stock on The NASDAQ Capital Market ("NASDAQ") has been approved. The Company will begin trading on NASDAQ under the symbol "CRWS" when the market opens today, March 19, 2007.