latest news releases from the newsroom
SecureLogic Settles Lawsuit
NEW YORK, May 2, 2006 (PRIMEZONE) -- SecureLogic (OTCBB:SLGI) (the "Company") announced today that it has completed a settlement in its lawsuit against Vinci Airports US, Inc. ("Vinci"). The lawsuit was originally filed by the Company's SpaceLogic, Ltd. subsidiary in 2002 in the Federal District Court for the Southern District of New York.
Genesis Pharmaceuticals Enterprises, Inc.
Genesis Releases Quarterly Report Revealing Profitability with $1.75 Million Gain in 'Historic Turnaround'
BOCA RATON, Fla., May 2, 2006 (PRIMEZONE) -- Genesis Technology Group, Inc. (OTCBB:GTEC) has released its 10-QSB for the second quarter of the current fiscal year. For the quarter ended March 31, 2006, the Company's net income exceeded $500,000, while overhead plummeted by 54% percent. Additionally, the Company has reached an enviable cash position with approximately $1.9 million on hand. Company Chief Financial Officer Adam Wasserman called "the first profitable quarter in the history of Genesis...an impressive, historic turnaround by any standards."
Jerini Appoints Andrew D. Curtis as Vice President U.S. Marketing for Jerini U.S., Inc.
BERLIN, May 2, 2006 (PRIMEZONE) -- Jerini AG (FSE:JI4) announced the appointment of Andrew D. Curtis as Vice President U.S. Marketing, effective May 1, 2006. Curtis will be heading Jerini's recently established subsidiary, Jerini U.S., Inc., headquartered in the New York metropolitan area. "We are extremely pleased to welcome Andrew to Jerini's team," said Jens Schneider-Mergener, CEO of Jerini. "His extensive marketing and business development experience are vital for this key position, allowing Jerini to strengthen and expand our U.S. presence. Jerini U.S. will also work closely with our U.S. partner, Kos Pharmaceuticals, Inc., to coordinate the planned North American market launch of our lead product, Icatibant, for hereditary angioedema in 2007."
Metso Repurchases Its Own Shares
HELSINKI, Finland, May 2, 2006 (PRIMEZONE) -- Metso Corporation's Annual General Meeting on April 4, 2006 gave Metso Corporation's Board of Directors the authority to resolve to repurchase the Corporation's own shares with its distributable funds provided that the combined nominal value of the shares thus acquired corresponds to no more than 5 percent of the Corporation's total share capital at the moment of acquisition.
Head NV: Conference Call to Discuss the First Quarter Results for 2006
ROTTERDAM, Netherlands, May 2, 2006 (PRIMEZONE) -- Head Chairman and CEO Johan Eliasch will host a conference call on Thursday 11th May 2006 at 15:00 London time (10:00 New York). He will be joined by Ralf Bernhart, Chief Financial Officer and Vicki Booth, Investor Relations. They will discuss Head's results for the three months ending 31 March 2006.