latest news releases from the newsroom
Budget Waste Inc.
Budget Waste Inc. Finalizes the Acquisition of Provac
CALGARY, Alberta, May 8, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), a premier waste solutions company in the Calgary area, finalizes the acquisition of Provac, a leading liquid waste hauling company. With a reputation as leaders in liquid waste hauling, Provac operates a fleet of 7 late model vehicles providing hydrovac, vacuum, line flushing and pressure washing services to the municipal and oil field markets in Alberta.
WCA Waste Corporation
WCA Waste Corporation Announces First Quarter 2006 Results
HOUSTON, May 8, 2006 (PRIMEZONE) -- WCA Waste Corporation (Nasdaq:WCAA) announced today financial results for the first quarter 2006. For the first quarter 2006, revenue increased 51.5% to $34.7 million over the $22.9 million that was reported for the same period last year. Operating income increased 103.3% to $5.1 million over the $2.5 million that was reported over the quarter ended March 31, 2005. Operating margins increased to 14.8% of revenue versus 11.0% for the same quarter last year. Net income for the quarter was $0.6 million, or $0.04 per share. During the quarter average borrowing costs increased to 8.38% versus 5.06% for the same quarter of 2005. This increase and the incremental interest expense affected net income by $0.05 per share for the first quarter of 2006.
Biogenerics Limited Announces 2nd Grimes Well is Online
TYLER, Texas, May 8, 2006 (PRIMEZONE) -- Biogenerics, Limited (Pink Sheets:BIGN) is pleased to announce that Ophelia 1 is the second of four gas wells to go online from its Grimes property in California. After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd.
Energy Vision International
Energy Vision International Issues Update on 5-Star Award Construction Project
OXFORD, Miss., May 8, 2006 (PRIMEZONE) -- Energy Vision International (Pink Sheets:EGVI), a rapidly growing diversified energy company, issued an update on its subsidiary American Geothermal's contract with Bill Dunn Construction (http://www.billdunnconstruction.com). The DeMarco Energy Miser geothermal heating and cooling system will be installed in the model home of a 20-home development at the Faith Ranch Project Wimberley, Texas.
Fuel Systems Solutions, Inc.
IMPCO Technologies To Report 2006 First Quarter Results
SANTA ANA, Calif., May 8, 2006 (PRIMEZONE) -- IMPCO Technologies, Inc. (Nasdaq:IMCO) today announced the company will issue results for its first quarter ended March 31, 2006, tomorrow, Tuesday, May 9, 2006.
Solomon Technologies, Inc.
Solomon to Acquire Power Solutions, Inc.
TARPON SPRINGS, Fla., May 8, 2006 (PRIMEZONE) -- Solomon Technologies, Inc. (OTCBB:SOLM) announced today that it has entered into a letter of intent to acquire Power Solutions, Inc., a Long Island, New York based manufacturer of high volume direct current power supplies and power supply systems and components for the medical, telecommunications and commercial sectors. As part of this acquisition, Solomon will also acquire a controlling stake in Ultrapower Ltd. that is presently held by Power Solutions. Based in Taiwan, Ultrapower is a manufacturer of power supplies and associated products.