latest news releases from the newsroom
Interfoundry Completes Reorganization of Southern States Power Company
NEWPORT BEACH, Calif., Nov. 7, 2005 (PRIMEZONE) -- Interfoundry, Inc. (Pink Sheets:ITFY) today announced the completion of its merger with Southern States Power Company, Inc. Interfoundry, the surviving company, has begun trading under the ticker symbol ITFY. As a part of the reorganization, the board of directors and the shareholders of Interfoundry have approved a 300-to-1 reverse split. The reverse split will affect shareholders of record at the close of business on Friday, November, 5, 2005. All management and board members of Southern States Power Company have resigned their positions at the time of the merger with Interfoundry.
Wolters Kluwer Announces New Brand Identity for CCH Tax and Accounting
AMSTERDAM, Netherlands and SCOTTSDALE, Ariz., Nov. 7, 2005 (PRIMEZONE) -- Wolters Kluwer, a leading multinational publisher and information services company, announced today that CCH Tax and Accounting, a leading provider of tax, audit and accounting information, software and services, has adopted a new brand identity that more closely aligns the business within the overall Wolters Kluwer organization.
Wilshire Associates Incorporated
Wilshire TUCS Shows Median Quarterly Gain of Nearly Four Percent For Both Public and Corporate Pension Funds
SANTA MONICA, Calif., Nov. 7, 2005 (PRIMEZONE) -- Building on the positive movement of the second quarter, the median performance of public pension funds was up 3.89 percent in the third quarter while corporate pensions gained slightly less at 3.74 percent, according to the Trust Universe Comparison Service(r) (TUCS(r)), a cooperative effort between Wilshire Analytics, the investment technology unit of Wilshire Associates, and custodial organizations. With approximately 300 plan participants representing approximately $2 trillion in assets, TUCS is the most widely accepted benchmark for the performance of institutional assets and includes data from corporate and public plans as well as endowments and foundations.
The Bull Market Report
The Bull Market Report Reviews Earnings for Anworth Mortgage and Friedman, Billings, Ramsey Group
PRINCETON, N.J., Nov. 7, 2005 (PRIMEZONE) -- The Bull Market Report (http://www.bullmarket.com), a long-term growth and income-generating focused online investment newsletter, announced today that it has provided subscribers with earnings reviews for Anworth Mortgage (NYSE:ANH) and Friedman, Billings, Ramsey Group (NYSE:FBR), as well as looking at other mortgage REITS such as Annaly Mortgage Management (NYSE:NLY). Coverage of these stocks and more can be found in The Bull Market Report Archives.
Network Communications, Inc.
Network Communications Purchases At Home in Arkansas Magazine
LAWRENCEVILLE, Ga., Nov. 7, 2005 (PRIMEZONE) -- Network Communications, the leading publisher of targeted local media serving the real estate and home design markets, announced today that it has purchased At Home in Arkansas magazine. The addition of this leading home design and lifestyle magazine expands Network Communications' footprint to serve affluent readers in the greater Arkansas market.
Leica Geosystems, Metrology Division
First F-35 Joint Strike Fighter's Automated Mate Cell Successfully Achieved by Advanced Integration Technology Inc. With Use of Leica Laser Tracking Systems
LAWRENCEVILLE, Ga., Nov. 7, 2005 (PRIMEZONE) -- The Metrology Division of Leica Geosystems announced today Advanced Integration Technology, Inc. (AIT of Plano, TX) has successfully completed the first automated mate cell two weeks in advance for the F-35 Joint Strike Fighter (F-35-JSF) program from Lockheed Martin (Fort Worth, TX). Three Leica LTD800 laser trackers were instrumental in the laser-guided alignment used to automate and execute F-35 aircraft mating. AIT is an engineering and manufacturing company specializing in the design, fabrication, installation, and maintenance of fully integrated plant floor systems. Leica Geosystems stands at the forefront of the metrology marketplace with more than 1,600 tracker systems installed worldwide in the toughest, most unforgiving industrial environments.
Romacorp, Inc. Agrees to New Ownership, Debt Restructuring
DALLAS, Nov. 7, 2005 (PRIMEZONE) -- Romacorp, Inc., owner and franchisor of Tony Roma's restaurants, has reached an agreement in principle with a majority of its bondholders for a consensual restructuring, whereby the bondholders would exchange their debt for predominant ownership in the company. The restructuring, which will take place under Chapter 11 of the U.S. bankruptcy code, is subject to court approval of a plan of reorganization and certain other contingencies. The restructuring would provide Romacorp's bondholders with approximately 90 percent ownership of the Company upon successful completion of the process.