latest news releases from the newsroom
NetManage Reports First Quarter 2007 Financial Results
CUPERTINO, Calif., May 21, 2007 (PRIME NEWSWIRE) -- NetManage, Inc. (Nasdaq:NETM), a software company that provides the fastest way to transform legacy applications into new Web-based business solutions, today reported financial results for the first quarter ended March 31, 2007.
Pride International, Inc.
Pride International, Inc. Announces Five-Year Contract Award for Semisubmersible Pride Mexico
HOUSTON, May 21, 2007 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that the board of directors of Petroleo Brasileiro S.A. (Petrobras) has approved the award of a five-year contract for the semisubmersible rig Pride Mexico for drilling operations offshore Brazil. The contract, which is subject to final execution, is expected to commence during the second quarter of 2008, following an estimated 270-day shipyard program and subsequent mobilization from the U.S. Gulf of Mexico to Brazil. Revenues that could be generated over the five-year contract, inclusive of a performance bonus opportunity of up to 15 percent, total approximately $482 million. The estimate excludes revenues for mobilization, demobilization and customer reimbursables. The contract also provides for an operating cost escalation provision.
Pacific Sunwear of California, Inc.
Pacific Sunwear Announces First Quarter Results
ANAHEIM, Calif., May 21, 2007 (PRIME NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced that total sales for the first quarter (13-weeks) of fiscal 2007 ended May 5, 2007 were $320.6 million, an increase of 6.9 percent over total sales of $299.9 million during the first quarter (13-weeks) of fiscal 2006 ended April 29, 2006.
Beere Financial Group Inc.
Beere Financial Group Acquires Noble Technology Group, Inc.
ORLANDO, Fla., May 21, 2007 (PRIME NEWSWIRE) -- Beere Financial Group, Inc. (Pink Sheets:BRFG), an equity holdings company, announced today that it has acquired Noble Technology Group, Inc., a marketer of state of the art data compression software used to reduce the bandwidth required to stream video and audio to various high tech devices.
WorldWater & Solar Technologies
WorldWater & Solar Technologies Names Scott Albertson New VP of Production
PENNINGTON, N.J., May 21, 2007 (PRIME NEWSWIRE) -- WorldWater & Solar Technologies Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced that, effective immediately, Scott Albertson has joined the company as Vice President of Production. Mr. Albertson, who previously served as a consultant to WorldWater for several months, has over 20 years experience in manufacturing operations, including with British Petroleum (BP) and Corning. In his last position at BP, he was Vice President of Procurement, Logistics, and Supply Chain Management for the company's Crystal Silicon operations.