latest news releases from the newsroom
Global ePoint, Inc.
Global ePoint Receives $3.9 Million Sales Order
CITY OF INDUSTRY, Calif., August 25, 2003 (PRIMEZONE) -- GLOBAL EPOINT, INC. (the "Company") (Nasdaq:GEPT) today announced that its recently acquired McDigit division ("McDigit"), which manufactures customized computers and provides comprehensive solutions for industrial personal computer, commercial personal computer and contract manufacturing markets, has received an additional $3.9 million blanket sales order from an existing customer. Under the arrangement, McDigit will continue to provide industrial personal computers to the customer with deliveries under the new sales order to begin in December 2003 and continuing, once acceptance of the first article is approved, weekly through August 2004. The computers will be used for integration into the customer's advanced security technology. The customer had been purchasing a similar amount of industrial computers from the Company under a prior sales order that will be fully delivered by the fourth quarter of this year.
Murray, Frank & Sailer LLP
Rabin, Murray & Frank LLP Commences Class Action Against IMPATH Inc. and Certain of its Officers and Directors Alleging Violations of Federal Securities Law -- IMPHE
NEW YORK, August 22, 2003 (PRIMEZONE) -- A class action complaint has been filed in the United States District Court for the Southern District of New York, case number 03 Civ. 6418, on behalf of all persons or entities who purchased or otherwise acquired IMPATH, Inc. ("IMPATH" or the "Company") securities (Nasdaq:IMPHE) during the period between February 21, 2001 and July 29, 2003, both dates inclusive (the "Class Period"). The Complaint names IMPATH, Anu D. Saad, Richard Adelson, David J. Cammarata, James V. Agnello, and Carter H. Eckert as defendants.
Brower Piven, A Professional Corporation
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit Against BearingPoint, Inc. -- BE
BALTIMORE, Aug. 22, 2003 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of BearingPoint, Inc. (NYSE:BE) between October 30, 2002 and August 13, 2003, inclusive (the "Class Period").
Calton, Inc. Obtains Financing Commitment
VERO BEACH, Fla., August 22, 2003 (PRIMEZONE) -- Calton, Inc. (AMEX:CN) announced today that it has received a commitment for $6,232,500 of acquisition and construction financing, including a $5,000,000 revolving line of credit, from Harbor Federal Savings Bank. As a result, the Company plans to complete the proposed acquisition of the remaining 35 lots in a 121 home community in Vero Beach, Florida that it announced in July 2003. The acquisition is currently scheduled to close in late August 2003. If the acquisition is completed, the Company intends to pursue other homebuilding opportunities along the Florida Treasure Coast.