latest news releases from the newsroom
SimpleTech Board Approves $10 Million Stock Repurchase Program
SANTA ANA, Calif., July 10, 2006 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), a designer, developer, manufacturer and marketer of custom and open-standard memory solutions based on Flash memory and DRAM technologies, and external storage solutions, today announced that its board of directors has authorized the company to repurchase up to $10 million of its common stock over an 18-month period commencing two business days following its earnings announcement of its financial results for the second quarter of 2006.
BandTel and AudioCodes Team to Market Bundled VoIP Solution
NEWPORT BEACH, Calif., July 10, 2006 (PRIMEZONE) -- BandTel, a leading global provider of next-generation VoIP termination to the PSTN for high volume telecom users such as Call Centers, Enterprise users, Teleconferencing Companies and Internet Voice Response (IVR) users, and AudioCodes, a leading provider of voice network products and Voice over Packet (VoP) technologies, announced today they have entered into a partnership. BandTel will combine its robust VoIP network with AudioCodes's high performance gateways. At the same time, the companies will also develop a joint sales and marketing program aimed at resellers who want to take advantage of the cost benefits associated with offering a high performance Voice over Internet Protocol (VoIP) solution.
EMS Technologies, Inc.
EMS Technologies Revises Guidance for Fiscal 2006
ATLANTA, July 10, 2006 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) today revised its earnings guidance for the full year, 2006. The previously announced earnings target of $.96 to $1.06 per share in 2006 was revised to $.70 to $.80 per share as a result of developing uncertainty over the timing of orders at the Company's EMS Wireless division.
Universal Capital Management, Inc.
Universal Capital Management Announces the Commencement of Trading in One of Its Portfolio Companies
WILMINGTON, Del., July 10, 2006 (PRIMEZONE) -- Universal Capital Management, Inc., (OTCBB:UCMT), a business development company which provides emerging growth companies with management and strategic resources for successful growth, announced the beginning of the trading of shares of the common stock of another of its portfolio companies, Theater Xtreme Entertainment Group, Inc. Theater Xtreme will trade under the symbol (OTCBB:TXEG).
Pacific CMA Inc.
Pacific CMA Subsidiary, AGI Logistics, Elected to HAFFA Board
JAMAICA, N.Y, July 10, 2006 (PRIMEZONE) -- Pacific CMA, Inc. (AMEX:PAM), an integrated provider of global freight forwarding/logistics focused on the growing China and Asian trade, today announced that its Hong Kong operating unit, AGI Logistics (HK) Ltd., has been elected to the Board of Directors of the Hong Kong Association of Freight Forwarding and Logistics LTD. (HAFFA). In addition, Walther Nahr, AGI's Vice President - Sales and Marketing for Europe, has been selected to serve on HAFFA's influential Executive Committee. At a recent Board meeting, AGI also was assigned to represent HAFFA on one of the most important subcommittees of the International Federation of Freight Forwarders Associations (FIATA), the world body of the freight forwarding industry.
NUCON-RF Acquires Radiation Shielding Technology
MOSCOW, July 10, 2006 (PRIMEZONE) -- NUCON-RF, Inc. ("NUCON") (Pink Sheets:NNRF) and Dr. Hans-Jurgen Engelmann have entered into an agreement whereby NUCON will acquire a technology for the production of two composite radiation shielding materials: FEECOM and BIECOM.