latest news releases from the newsroom
Tank Sports, Inc.
Laguna Research Partners Releases Analysis of Proposed Merger Between Tank Sports and Redcat Motors
LOS ANGELES, Jan. 17, 2007 (PRIME NEWSWIRE) -- Tank Sports, Inc. (OTCBB:TNSPE) today announced that Laguna Research Partners LLC has released an Update Report and Summary Update Report providing its analysis of the proposed merger between Tank Sports and LowPrice.com, Inc., an Arizona corporation d/b/a Redcat Motors. Redcat is a power-sports equipment importer and distributor headquartered in Phoenix, Arizona whose business mainly focuses on off-road power-sports equipment.
Northrop Grumman Corp.
Northrop Grumman Awarded Follow-on C-RAM Contract
HUNTSVILLE, Ala., Jan. 17, 2007 (PRIME NEWSWIRE) -- The U.S. Army has awarded Northrop Grumman Corporation (NYSE:NOC) a contract valued at up to $71 million to continue their support in system engineering, integration, and installation for the Counter-Rocket, Artillery, Mortar (C-RAM) program. First fielded at key military installations last year, C-RAM is helping protect U.S. and coalition troops against mortar and rocket attacks.
Foundry Networks, Inc.
Foundry Networks Switches Power Amsterdam Internet Exchange to Achieve Historic Internet Peak Traffic Record of Over 230 Gigabits Per Second
SANTA CLARA, Calif. and AMSTERDAM, Netherlands, Jan. 17, 2007 (PRIME NEWSWIRE) -- Foundry Networks, Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that its award-winning BigIron(r) RX series of Ethernet switches enabled the Amsterdam Internet Exchange (AMS-IX), the world's largest public Internet exchange, to reach Internet traffic throughput in excess of 230 Gigabits per second (Gbps). AMS-IX connects IP networks for more than 250 Internet Service Providers and carriers worldwide.
StockGuru.com Announces Profile Coverage of Sao Luis Mining
DALLAS, Jan. 17, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Sao Luis Mining, Inc. (Pink Sheets:SAOL). Sao Luis Mining is a "conflict free" diamond mining and precious metals exploration company. Its strategy is to acquire interests in producing mines and develop properties that have the promise to be economically viable. Sao Luis Mining has a 51% joint venture interest in Comercio e Mineracao Sao Luis Ltda., which operates two diamond properties and an existing processing plant in the Sao Luis River Basin. The operation is located in the state of Mato Grosso, which is the most productive diamond district in Brazil. Additional information, including a photo gallery and geological report, is available at the Company's website www.saolmining.com.