latest news releases from the newsroom
Microsemi Announces Its Inclusion in the NASDAQ Global Select Market
IRVINE, Calif., July 5, 2006 (PRIMEZONE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog/mixed signal integrated circuits and high reliability semiconductors, announced today that it has been chosen to be included in the new NASDAQ Global Select Market. Prior to the change on July 3, the company had been listed on the NASDAQ National Market.
Resolve Staffing, Inc.
Resolve Staffing's Merger with ELS Delayed
CINCINNATI, July 5, 2006 (PRIMEZONE) -- Resolve Staffing, Inc. (OTCBB:RSFF) today announces that the proposed merger with ELS has been delayed until further notice. On February 22, 2006, Resolve Staffing, Inc. ("Resolve") and Employee Leasing Services, Inc. ("ELS") entered into a merger agreement. Resolve and ELS contemplated that the merger would be completed by June 30, 2006. Subsequent to the announcement, Resolve has acquired two addition staffing firms with annual sales totaling over $20 million. Because of these acquisitions, and unexpected filing and accounting issues, the merger with ELS is being delayed until further notice. While the companies will continue to move forward with the proposed merger, a new closing date has yet to be set. There is no certainty that Resolve will be able to consummate a transaction with ELS. In any event, Resolve will immediately announce a new closing date, or if merger discussion have been terminated, as soon as any revised dates or discussions have been set.
Cytomedix Joins New Russell Microcap Index
ROCKVILLE, Md., July 5, 2006 (PRIMEZONE) -- Cytomedix, Inc. (AMEX:GTF) today announced that the Company has joined the Russell Microcap(tm) Index for 2006, according to a final membership list that was posted on the Russell Investment Group website, www.russell.com, on July 3.
Impala Platinum Holdings Ltd.
Impala Platinum Announces CEO Resignation
JOHANNESBURG, South Africa, July 5, 2006 (PRIMEZONE) -- Impala Platinum Holdings Ltd. (Implats) (JSE:IMP) (LSE:IPLA) (ADRs:IMPUY) (Pink Sheets:IMPUY) announces that Mr. Keith Rumble, Chief Executive Officer, will be leaving the Group as of 31 December, 2006, to pursue other interests. David Brown, currently Chief Financial Officer, will assume the role of Chief Executive Officer with effect from 1 September, 2006, and will work with Keith from this date until the end of 2006 to ensure an orderly transfer of responsibilities.
Vertical Computer Systems, Inc.
Vertical Computer Systems' Brazilian Subsidiary Increases Distribution Channels With Agreement With Brazilian Company Sisfinance
FORT WORTH, Texas, July 5, 2006 (PRIMEZONE) -- Vertical Computer Systems, Inc. (OTCBB:VCSY) announced today its Brazilian subsidiary, Vertical do Brasil Sistemas de Computacao ("Vertical Brazil"), has entered into a distribution agreement with Evoluir Tecnologia e Sistemas ("Sisfinance") for the territory of Brazil. Pursuant to the terms of the agreement, Sisfinance will market or distribute all products offered by VCSY including emPath, SiteFlash (and its underlying products), ImmuneApp and StatePointPlus in Brazil.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. Announces Delivery of Supramax Dry Bulk Vessel
NEW YORK, July 5, 2006 (PRIMEZONE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced it has taken delivery of the Tern, a 2003 built 50,209 dwt. Supramax dry bulk vessel. Eagle Bulk has now taken on-schedule delivery of two of the three vessels that were part of an acquisition agreement announced on June 23. The Company expects to take timely delivery of the final of these three vessels later this month.