latest news releases from the newsroom
Patient Portal Technologies, Inc.
Patient Portal Technologies Inks Agreement With TMS to Deliver the Most Advanced Process Improvement and Managed Video Platform
PALM BEACH GARDENS, Fla., April 11, 2007 (PRIME NEWSWIRE) -- Patient Portal Technologies, Inc. (PPT) (Pink Sheets:PPRG) announced today the company has signed an agreement with Worldnet Communications, Inc., doing business as TMS, to deploy their advanced healthcare platform to millions of patients. TMS has a 20-year history in healthcare services and is a recognized leader in the delivery of patient communication services. The agreement allows PPT to market its entire suite of process improvement, scheduling, outcomes enhancement, and managed video delivery services to TMS' large customer base. As part of the agreement, PPT will also manage the operation of several complex hospital contracts TMS recently obtained including Meadowlands Hospital and a premier healthcare system in Central PA.
Tix Corporation Announces Record Month
STUDIO CITY, Calif., April 11, 2007 (PRIME NEWSWIRE) -- Tix Corporation (OTCBB:TIXC) (the "Company") is pleased to announce that its Las Vegas half-price, same day ticket business, Tix4Tonight, reported a new record month of gross ticket sales. The Company generated $2,914,910 in March 2007, which represented an increase of $1,090,910 over March 2006 and an increase of $245,681 over the Company's previous record month. The Company, with its additional discount businesses, also reported a new record for the number of tickets sold in a month.
Eternal Energy Corp.
Eternal Energy Announces Proposed Sale
LITTLETON, Colo., April 11, 2007 (PRIME NEWSWIRE) -- Eternal Energy Corp. (OTCBB:EERG) announces that it has agreed to sell all of the shares that it owns in Pebble Petroleum Inc. ("Pebble Petroleum") to Heartland Resources Inc. ("Heartland"). Eternal Energy owns five percent of Pebble Petroleum. Emerald Bay Holdings Ltd. ("Emerald Bay"), a private Irish corporation, which owns the other ninety-five percent of Pebble Petroleum, has also agreed to sell all of its interests in Pebble Petroleum to Heartland. The agreement is subject to satisfaction of certain material terms and conditions, completion of the financing, completion of satisfactory due diligence and title reviews, approval of the TSX Venture Exchange, and other terms and conditions that are consistent with similar transactions in the oil and gas industry.
QLogic Announces Release of HP StorageWorks IP Distance Gateway for SAN Growth Without Limitations
ALISO VIEJO, Calif., April 11, 2007 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today announced the release of the HP StorageWorks IP Distance Gateway, an intelligent storage router based on QLogic(r) SANbox(r) 6142 technology. The IP Distance Gateway is fully qualified with HP StorageWorks Continuous Access EVA software and HP StorageWorks Business Copy to improve data management and replication for HP StorageWorks XP and EVA arrays. In addition, the router offers SAN growth without limitations by utilizing the company's established IP network to share SAN devices and data replication services across remote SAN islands.
Mercantile Bank Corporation
Mercantile Bank Corporation Reports First Quarter Earnings
GRAND RAPIDS, Mich., April 11, 2007 (PRIME NEWSWIRE) -- Mercantile Bank Corporation (Nasdaq:MBWM) reported net income for the first quarter of 2007 of $4.3 million, a decrease of 13.1 percent from the $4.9 million reported for the first quarter of 2006. Diluted earnings per share were $0.53 compared with $0.61 reported for the year-ago quarter, a decrease of 13.1 percent. Net interest margin pressures and slower asset growth continue to impact earnings.