latest news releases from the newsroom
SurgiCare to Announce Second Quarter Results on November 12
HOUSTON, Oct. 17, 2001 (PRIMEZONE) -- SurgiCare, Inc. (AMEX:SRG), a Houston-based Ambulatory Surgical Center (ASC) company, announced today that it will release its third quarter financial results on Monday, November 12, after the market closes. Co-Chief Executive Officers, Dr. David Blumfield and Charles Cohen, will discuss the results and outlook for the company in an interview that will be broadcast on Tuesday, November 13th at approximately 9:00 a.m. Eastern at www.ceocast.com. Interested parties may e-mail questions in advance of the interview to email@example.com or Matt Henderson of CEOcast, Inc. at firstname.lastname@example.org.
InsWeb Reports Third Quarter Financial Results
SACRAMENTO, Calif., Oct. 17, 2001 (PRIMEZONE) -- InsWeb Corp. (Nasdaq:INSW) today announced results for the quarter ended September 30, 2001, reporting revenues of $5.8 million. This compares to revenues of $4.2 million during the same quarter last year, and to $5.6 million during the previous quarter ended June 30, 2001.
Cauley Bowman Carney & Williams, PLLC
Cauley Geller Bowman & Coates, LLP Announces Metromedia Fiber Network, Inc. Investors Have Until October 22, 2001 to File Lead Plaintiff Motion -- MFNX
LITTLE ROCK, Ark. Oct. 16, 2001 (PRIMEZONE) -- The deadline for purchasers of Metromedia Fiber Network, Inc. ("Metromedia" or the "Company") (Nasdaq:MFNX) securities to move for lead plaintiff in a securities fraud class action recently brought against the Company is rapidly approaching. If you purchased Metromedia securities between January 8, 2001 and July 2, 2001, inclusive (the "Class Period"), and you wish to be a lead plaintiff in the case, you must move to serve as lead plaintiff by filing a motion in the United States District Court for the Southern District of New York by October 22, 2001. The case number is 01 CV 7843. A copy of the complaint filed in this action is available from the Court, or can be viewed on the firm's Website at http://www.classlawyer.com/pr/metromedia.pdf.
Education Management Corporation
ITI Purchase Completes Critical Stages
PITTSBURGH, Oct. 16, 2001 (PRIMEZONE) -- Education Management Corporation (Nasdaq:EDMC) announced today that it has passed the most significant hurdle necessary to complete its acquisition of certain assets of ITI Education Corporation (ITI). Ernst & Young Inc. (E&Y), the court-appointed Receiver and Manager of ITI, reported that the proposal to creditors of ITI was accepted yesterday. Final approval of the court is expected in mid-November. The acquisition is structured as an asset purchase, with EDMC acquiring out of receivership only those assets necessary to operate three of the former ITI campuses, those in Halifax, Toronto and Vancouver.