latest news releases from the newsroom
Decorize, Inc. Announces 58 Percent Financial Performance Improvement
SPRINGFIELD, Mo., Sept. 29, 2005 (PRIMEZONE) -- Decorize, Inc. (AMEX:DCZ) reported a significant improvement for its fiscal year ended June 30, 2005. Decorize posted an operating loss of $1.5 million, which represents a 58% improvement over the $3.6 million dollar loss reported for the prior fiscal year. Loss per share was $0.20 versus a loss of $0.37 per year last fiscal year. Gross margins for the year improved from 17% to 31%.
Carnegie Launches Subordinated Debt -- Lower Tier 2 Capital
STOCKHOLM, Sept. 29, 2005 (PRIMEZONE) -- D. Carnegie & Co AB (publ) has today launched a dual-tranche Eur 25 million and SEK 250 million subordinated debt (lower Tier 2 capital) offering. The issues are 10-year notes, callable from 12 October 2010. The SEK notes pay an annual coupon of 4.35% and the EUR notes pay a quarterly coupon of 3-month Euribor + 160 basis points until 12 October 2010. Both issues will be listed in Luxembourg. Goldman Sachs International is the sole bookrunner.
Markland Technologies, Inc.
Markland Technologies Subsidiary, EOIR Technologies Inc., Announces New Orders for Technology Products and Services Totaling $9.3 million
BOSTON, Sept. 29, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL) and Technest Holdings, Inc. (OTCBB:TCNH), defense and homeland security companies transforming advanced laboratory technology into real-world products, announced today that the U.S. Army's Night Vision and Electronic Sensors Directorate (NVESD) has awarded subsidiary EOIR Technologies Inc. new orders for technology products and services totaling $9.3 million. Dr. Joe Mackin, President of Technest Holdings, made the announcement.