latest news releases from the newsroom
Overseas Shipholding Group, Inc.
First Quarter 2005 Earnings Results
NEW YORK, May 5, 2005 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) reported net income for the quarter ended March 31, 2005 of $164,919,000, or $4.18 per share, more than double the net income of $76,188,000, or $1.99 per share, achieved in the first quarter of 2004. EBITDA for the first quarter rose by 43% to $223,363,000 compared with $156,413,000 in the first quarter of 2004 and TCE revenue in the quarter increased by 41% to $267,187,000 compared with $188,982,000 in the first quarter of 2004.
FaceKey Announces Installation of Additional Biometric Access Control System at SATC
SAN ANTONIO, Texas, May 5, 2005 (PRIMEZONE) -- FaceKey Corporation (Pink Sheets:FEKY), a biometrics technology provider specializing in security and access control, announced the installation of additional Standard Biometric Access Control systems in the San Antonio Technology Center (SATC). The systems, sold by Concepts for Creation Technology Innovations (CFCTI), President/CEO, John Hill, a FaceKey reseller, utilize fingerprint recognition technology combined with a keypad to monitor and provide secure access to the building. CFCTI is currently enrolling the building's tenants on the system.
Emulex Open Source Driver Incorporated into Linux 2.6 Kernel
COSTA MESA, Calif., May 5, 2005 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the industry's preeminent source for a broad range of advanced storage networking infrastructure solutions, today announced that its latest Fibre Channel host bus adapter driver version 8.0 is now part of the Linux "upstream" kernel published by the Linux community, effective with kernel version 2.6.12-rc3. As a result, Emulex customers adopting Linux-based storage solutions may utilize the Emulex kernel contributions across any distribution, complementing the Emulex driver support already included in Red Hat Enterprise Linux, Novell's SUSE Linux Enterprise Server and Red Flag Data Center.