latest news releases from the newsroom
Virtual Radiologic Corporation
Virtual Radiologic Updates 2008 Financial Guidance, Announces Formation of Captive Insurance Company
MINNEAPOLIS, Sept. 29, 2008 (GLOBE NEWSWIRE) -- Virtual Radiologic Corp. (Nasdaq:VRAD), a leading global provider of teleradiology services, today announced that, in a departure from historical trends, a decline in procedure counts at customer facilities in September has led to lower volumes than previously forecast. As a result, the company expects that lower revenue estimates will adversely affect Adjusted EPS for both the third quarter and full-year 2008.
Elite Pharmaceuticals, Inc.
Elite Announces Drug Application Filing For Synthetic Narcotic Analgesic Accepted by FDA
NORTHVALE, N.J., Sept. 29, 2008 (GLOBE NEWSWIRE) -- Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (AMEX:ELI) in collaboration with ThePharmaNetwork, LLC., announced today the acceptance by the U.S. Food and Drug Administration (FDA) of the Abbreviated New Drug Application (ANDA) for a generic equivalent of a synthetic narcotic analgesic drug product. The product had annual sales of approximately $36 million in 2007. Elite will manufacture the product and will receive a share of the profits from the sale of the product upon commercialization.
Amelot Holdings, Inc.
Amelot Oil Barbados Ltd.'s Partnership Enhances Development Efforts of Barbados Biodiesel Facility
SAINT THOMAS, Barbados and CHEYENNE, Wyo., Sept. 29, 2008 (GLOBE NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its subsidiary, Amelot Oil Barbados Limited, has formed a new partnership with McGill University in Quebec, Canada. The University has provided two students to assist Amelot's efforts in the development of the island's biodiesel refining facilities. The students will be spending three months studying at the Bellairs Research Institute, Canada's only research facility in the Caribbean, while working with Amelot Oil.
Fibre Channel Industry Association
Fibre Channel Industry Association Proves Fibre Channel Over Ethernet (FCoE) Stability in Multi-Vendor Interoperable Testing
SAN FRANCISCO, Sept. 29, 2008 (GLOBE NEWSWIRE) -- The Fibre Channel Industry Association (FCIA), a non-profit international organization of manufacturers, systems integrators and vendors, today announced that it successfully completed its FCoE Plugfest the week of September 15th at the University of New Hampshire Interoperability Lab (UNH-IOL). Industry leading Fibre Channel vendors collaborated to ensure interoperability for upcoming FCoE products and solutions.