latest news releases from the newsroom
Blyth, Inc. To File For 15 Day Extension For 10-K
GREENWICH, Conn., April 14, 2004 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home decor and home fragrance products, today announced that it will file Form 12b-25 with the Securities and Exchange Commission to extend the filing period for its Form 10-K until April 30, 2004. On March 15, 2004, the Company issued a press release in which it announced its financial results for the fiscal year ended January 31, 2004. Thereafter, the Company learned that the Company's independent accountants, PricewaterhouseCoopers LLP, believed that the Company's current designation of two operating segments does not comply with the requirements of Statement of Financial Accounting Standards No. 131, "Disclosures about Segments of an Enterprise and Related Information" ("SFAS 131"). The Company has determined that it will change its designation of operating segments for fiscal 2004 and potentially for certain prior years, which will impact the number of reporting segments required in its SFAS 131 footnote and related disclosures. During the past several years, the Company has reported financial information with respect to two reporting segments, namely Candles & Home Fragrance and Creative Expressions. It is now anticipated that the Company will report information in a greater number of segments.
Blyth, Inc. Announces Formation Of Office Of The Chairman
GREENWICH, Conn., April 14, 2004 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home decor and home fragrance products, today announced the formation of the Office of the Chairman, effective May 1, 2004. The Office establishes a new organizational structure for the Company based on its distribution channels and furthers CEO succession planning efforts that began several years ago.
Rush Financial Technologies, Inc.
Rush Financial Technologies, Inc. Files 10-K
DALLAS, April 14, 2004 (PRIMEZONE) -- Rush Financial Technologies, Inc., dba RushTrade(r) Group, (OTCBB:RSHF) announced today that it has filed its Form 10-KSB ("10-K") for the year ended December 31, 2003. This press release contains only partially selected financial information and should be reviewed in conjunction with the 10-K in its entirety.
M-Wave, Inc. Addresses Its Auditor's Going Concern Qualification
WEST CHICAGO, Ill., April 14, 2004 (PRIMEZONE) -- On April 8, 2004, M-Wave, Inc. (Nasdaq:MWAV) filed its Form 10-K for the year ended December 31, 2003 with the Securities and Exchange Commission. Included in the Form 10-K are consolidated financial statements of the Company that are audited by Grant Thornton LLP, independent auditors, for the year ended December 31, 2003.
eMax Holdings Corporation
eMax Corp Announces Significant New Capital Investment and Restructuring
ORLANDO, Fla., April 14, 2004 (PRIMEZONE) -- eMax Corporation (Pink Sheets:EMAX) today announced that in recent weeks EMAX has invested 10,000,000 shares of its capital stock, at $0.25 per share, in its eMax Realty Group subsidiary in addition to continued investment in the merger of its eMax Net, Inc. (EMAXNET) subsidiary and ReDOX Technology Corp (OTCBB:RDOX). Both of these investments serve to significantly improve EMAX shareholder's interest in these subsidiaries. The company notes these ongoing investments have increased its issued and outstanding to 99,052,042 as of this date.