latest news releases from the newsroom
ViaStar Holdings, Inc.
Viastar Holdings, Inc.: Federal Court Restrains David Dadon
MESA, Ariz., Aug. 12, 2003 (PRIMEZONE) -- Viastar Holdings, Inc. (OTCBB:VISH) announced today that the U.S. District Court for the District of Arizona, on August 6, 2003, issued Viastar a temporary restraining order prohibiting David Dadon from representing to any person or entity that he is Chairman or a member of the Board of Directors of Viastar or any other officer, employee or agent of the company. The Court also prohibited Dadon from representing that he is authorized to enter into agreements or make statements on or behalf of Viastar. The Court, in agreement with Viastar's position, specifically found that the company and its shareholders would suffer irreparable harm if a restraining order was not issued against Dadon and that the company is likely to succeed on the merits of its claims against him.
Class Action Lawsuit Filed Against the Ontario Municipal Employees Retirement Board
TORONTO, August 12, 2003 (PRIMEZONE) -- A class action lawsuit has been filed against the Ontario Municipal Employees Retirement Board (the "OMERS Board"). The lawsuit concerns the transfer of benefits from the Ontario Municipal Employees Retirement System (the "OMERS Plan") to another pension plan under the Multi-Lateral Portability Agreement (the "Agreement") in respect of individuals who terminated their membership in the OMERS Plan after January 1, 2000. The Agreement provides for the transfer of pension benefits between the large Ontario public sector pension plans that participate in it.
OptimumCare Corporation Reports Second Quarter Net Revenues Up 52% Compared With Prior Year; Growing Temporary Staffing Services Represent 60% of Six Month Revenues
LAGUNA NIGUEL, Calif., Aug. 12, 2003 (PRIMEZONE) -- OptimumCare Corporation (OTCBB:OPMC), a behavioral healthcare and temporary staffing services provider, today announced that net revenues of $1,905,474 for the second quarter, ended June 30, 2003, were up 52%, compared with $1,255,595 in the same period last year, with temporary staffing services now representing 60% of revenues for the first six months of the year.
Marsh Supermarkets Inc.
Marsh Supermarkets, Inc. Declares Dividend
INDIANAPOLIS, Aug. 12, 2003 (PRIMEZONE) -- The Board of Directors of Marsh Supermarkets, Inc. (Nasdaq:MARSA) (Nasdaq:MARSB) at its meeting held August 5, 2003, declared a quarterly dividend of $.13 per share on the outstanding Class A Common Stock and outstanding Class B Common Stock, payable November 3, 2003, to shareholders of record of each such class on October 17, 2003.