latest news releases from the newsroom
Ken Cron Joins LogMeIn Board of Directors
WOBURN, Mass., May 17, 2007 (PRIME NEWSWIRE) -- LogMeIn, Inc., the leader in remote connectivity and support services with nearly 20 million users, announced today that Kenneth D. Cron has joined the company's board of directors.
Artificial Life, Inc.
Artificial Life, Inc. Cooperates With Jamba/Jamster for Mobile Content Distribution
HONG KONG, May 17, 2007 (PRIME NEWSWIRE) -- Hong Kong based Artificial Life, Inc. (OTCBB:ALIF), a leading provider of award-winning mobile 3G technology and applications today announced the signing of mobile content distribution agreement with Jamba to make Artificial Life's own branded games available to Jamba and Jamster customers across Europe, the United States, and South America. The initial launch will include V-girl(tm) and V-boyfriend(tm).
Secured Financial Network, Inc.
Secured Financial Network Announces Scheduled Launch of Online Mall Beta Version; Confirms Official Grand Opening Date in Anticipation of Upcoming Major Studio Motion-Picture Release
FORT LAUDERDALE, Fla., May 17, 2007 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) announced today that the Company will launch the 'Beta Version' of its branded online mall, gaming arcade, and casino, The All In Mall (http://www.theallinmall.com), for initial user testing this coming Monday May 21st, 2007. The Company also confirmed that the Official Grand Opening of the Mall will take place on Monday June 4th, 2007, in time for the expected domestic major studio film release of the highly-anticipated upcoming drama, "All in" (http://www.themovieallin.com), this summer.
Viking Systems, Inc.
Viking Systems, Inc. Expands Its National Footprint Into the Southeastern U.S.
SAN DIEGO, May 17, 2007 (PRIME NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKSY), a designer, manufacturer and marketer of high-performance laparoscopic vision systems for use in minimally invasive surgical (MIS) procedures, has expanded its domestic distribution network by adding a new partner, Diagnostic Healthcare Systems (DHS) of Raleigh, NC. Under the terms of the agreement, DHS will exclusively market and sell Viking's 3Di Vision System technology throughout the southeastern United States, including the District of Columbia, Eastern West Virginia, North Carolina, South Carolina, Georgia, Eastern Tennessee, Alabama and Northwest Florida.
TOUSA Obtains Financing Commitment Letter
HOLLYWOOD, Fla., May 17, 2007 (PRIME NEWSWIRE) -- TOUSA, Inc. (NYSE:TOA) announced today that it received a written commitment from Citigroup Global Markets Inc., together with certain of its affiliates ("Citi"), pursuant to which Citi has agreed to provide financing to establish a (i) new $250.0 million aggregate principal amount first lien term loan facility (the "First Lien Term Loan Facility") and (ii) a new $250.0 million aggregate principal amount second lien term loan facility (the "Second Lien Term Loan Facility, and together with the First Term Loan Facility, the "Facilities"). In addition, as a condition to the commitments, the Company's existing $800.0 million revolving loan facility (the "Revolving Loan Facility") shall be amended and restated to (i) reduce the revolving commitments thereunder by $100.0 million and (ii) incorporate the terms and conditions of the First Lien Term Loan Facility, and as a result the commitments are subject to the approval of the lenders in the Revolving Loan Facility.