Companies news of 2009-11-06 (page 1)
Naturally Advanced Technologies Reports Third Quarter 2009 Results
Oxygen Biotherapeutics, Inc. Announces 1:15 Reverse Stock Split to Take Effect Nov. 9,...
Microbix Biosystems Re-files Annual Results With OSC
Lux Energy Corp West Central Alberta Production Exceeds ExpectationsLUXE: OTC-BB
Watson to Present at Credit Suisse Healthcare Conference
Centene Corporation to Present at Upcoming Healthcare Conferences
Libbey Inc. Names New General Manager of International OperationsRoberto Rubio Named Vice...
Capital Gold Announces a 27% Increase In Gross Proceeds for First Fiscal Quarter
Grubb & Ellis Company Announces Completion of $90 Million Preferred Equity Transaction
Parker Scheduled to Present at Robert W. Baird Industrial Conference on November 10 at...
Genesee & Wyoming Inc. to Present at Citi Investment Research Small/Mid Cap Conference
People's United Financial, Inc. to Present at Sandler O'Neill & Partners East Coast...
DUSA Pharmaceuticals to Present at the Merriman Curhan Ford Investor Summit 2009
ECO2 Plastics, Inc. Reports Third Quarter Financial Results
Helix BioPharma to Present at Merriman Curhan Ford's Investor Summit 2009 on November 10th
Sonic Solutions Announces Schedule of Upcoming Investor Events
Petromin Resources Appoints Jinwei Julie Xu as Chief Financial Officer
Target Unwraps New Price Cuts on Holiday ToysFurther Reductions and Low Price Promise Make...
Maxwell Technologies CEO David Schramm to Present at Thomas Weisel Alternative Energy...
From the African Rain Forest to Sunset Boulevard, "PUNCTURED HOPE" is Screening in Los...
Competitive Companies, Inc. Announces Letter of Intent to Acquire Voice Vision, Inc.
CILCORP Inc. Announces Tender Offer and Consent Solicitation
P&G Recognizes Top Connect + Develop(SM) External Partners and EnablersGlobal Business...
Roper Industries Announces Two Acquisitions to Enhance Growth in Medical and Toll &...
Alliance One Announces Arrangements for Fiscal Year 2010 2nd Quarter Financial Results...
Equifax Board of Directors Declares Quarterly Dividend
Pennsylvania American Water Rate Case Settlement Includes Increased Funding for Low-Income...
A Powerful New Storm Available Now on Verizon Wireless' NetworkNew Operating System for...
RINO International Corp. to Host Third Quarter 2009 Financial Results Conference Call and...
Naturally Advanced Technologies Reports Third Quarter 2009 Results
PORTLAND, OR, Nov. 6 /PRNewswire-FirstCall/ -- Naturally Advanced Technologies Inc. (NAT, OTCBB: NADVF, TSXV: NAT), reported results for its third quarter ended September 30, 2009.
"During the third quarter, we made significant progress in bringing our Crailar(R) technology closer to market," stated Ken Barker, NAT's CEO. "In August, we signed a multi-phase joint development agreement with Hanesbrands, Inc. and a spinning and trademark licensing agreement with Patrick Yarns. In July, we entered a manufacturing agreement with G.J. Littlewoods & Son. We also raised $916,000 in gross proceeds through a private placement to support our commercialization activities in the coming months. We remain committed to our goal of delivering initial revenue from Crailar in the fourth quarter of this year and finalizing the distribution and marketing of Crailar with our industry-leading partners. We are excited about the near-term opportunities for both our technology and our company."
For the third quarter ended September 30, 2009, the company posted revenue of approximately $112,000 from winding down the last inventory of its HTnaturals(TM) apparel business. This compares to $655,000 in the third quarter of 2008. For the third quarter ended September 30, 2009, net loss was $1.0 million, which includes approximately $89,000 of research and development for the Crailar technology platform and $361,000 of stock-based compensation, as compared to the 2008 third quarter net loss of $1.1 million, which included approximately $111,000 of research and development for the Crailar technology platform and $485,000 of stock-based compensation. Net loss was $0.03 per share for the 2009 third quarter, as compared to $0.04 per share in the third quarter of 2008.
As of September 30, 2009, NAT had $1.1 million in cash and cash equivalents.
The company's unaudited consolidated financial statements for its third quarter ended September 30, 2009 were prepared in accordance with U.S. generally accepted accounting principles and all currency amounts are presented in U.S. dollars.
About Naturally Advanced Technologies Inc.
Naturally Advanced Technologies Inc. is committed to unlocking the potential of renewable and environmentally sustainable biomass resources from hemp and other bast fibers. The company, through its wholly owned subsidiary, Crailar Fiber Technologies Inc., is developing proprietary technologies for production of bast fibers, cellulose pulp, and their resulting by-products, in collaboration with Canada's National Research Council and the Alberta Research Council. Crailar(R) technology offers cost-effective and environmentally sustainable processing and production of natural, bast fibers such as hemp and flax, resulting in increased performance characteristics for use in textile, industrial, energy, medical and composite material applications. The company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing and adheres to a "triple bottom line" philosophy, respecting the human rights of employees, the environmental impact of the company's operations and fiscal responsibility to its shareholders. See http://www.naturallyadvanced.com/
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Forward Looking Statement Disclaimer
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, are forward-looking statements. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information and including, without limitation, risks and uncertainties relating to: any market interruptions that may delay the trading of the Company's shares, technological and operational challenges, needs for additional capital, changes in consumer preferences, market acceptance and technological changes, dependence on manufacturing and material supplies providers, international operations, competition, regulatory restrictions and the loss of key employees. In addition, the Company's business and operations are subject to the risks set forth in the Company's most recent Form 10-K, Form 10-Q and other SEC filings which are available through EDGAR at http://www.sec.gov/. These are among the primary risks we foresee at the present time. The Company assumes no obligation to update the forward-looking statements.
Naturally Advanced Technologies Inc.
CONTACT: Investor Contact: Kirsten Chapman, Cathy Mattison, Lippert, Heilshorn & Associates, (415) 433-3777, ir@naturallyadvanced.com
Oxygen Biotherapeutics, Inc. Announces 1:15 Reverse Stock Split to Take Effect Nov. 9, 2009
DURHAM, N.C., Nov. 6 /PRNewswire-FirstCall/ -- Oxygen Biotherapeutics, Inc. (BULLETIN BOARD: OXBO) today announced that a previously approved reverse split of its common stock will take effect at the start of trading on Monday, Nov. 9, 2009 on a 1-for-15 split-adjusted basis. Oxygen Biotherapeutics, Inc. shares will trade under the new symbol OXBT. The stock also will have a new CUSIP number, 69207P 20 9, when the split becomes effective.
"This reverse split was overwhelmingly approved by our shareholders in support of our plan to move the listing of our shares to a major exchange from the over-the-counter bulletin board," said Chris Stern, company chairman and CEO. "We believe that moving the listing will enhance the liquidity of our shares and improve our ability to attract new investors as we move ahead with our product development plans. We have filed the application to move our listing and will be working to facilitate and execute the listing move as fast as the stock exchange will allow us to do it. I'll have some additional comments on this in a blog posting on our company website later today."
The 1-for-15 reverse stock split will automatically convert 15 current shares of Oxygen Biotherapeutics, Inc. common stock into one new share of common stock. If the number of shares is not evenly divisible by the ratio of the reverse split, the shareholder's new share count will be rounded up to the nearest whole share. The reverse split, which was approved by shareholders on October 19, 2009, will reduce the number of outstanding shares of common stock from 293,985,804 to approximately 19,599,676.
Furthermore, the number of shares of common stock subject to outstanding stock options, warrants, or convertible securities, and the exercise prices and conversion ratios of those securities, will automatically be proportionately adjusted for the 1 to 15 ratio provided for by the reverse stock split. The number of authorized shares will not change.
When the reverse split takes effect, stockholders holding shares in "street name" through a brokerage account will have their shares automatically adjusted to reflect the reverse stock split on the effective date. The issuance of new stock certificates will not be required at this time.
About Oxygen Biotherapeutics, Inc.
Oxygen Biotherapeutics, Inc. is dedicated to commercializing innovative pharmaceuticals and medical devices in the field of oxygen therapeutics and Defense Medicine(TM). The company has developed a perfluorocarbon (PFC) therapeutic oxygen carrier and liquid ventilation product (Oxycyte(TM)) and has out-licensed an implantable glucose sensor. These products are based upon core technologies that include biomedical applications for PFCs as well as medical and industrial applications for biosensors. Each of the product candidates is designed with advantages over currently marketed products in major markets including traumatic brain injury, sickle cell crisis, trauma, wound care, decompression sickness, acute respiratory distress syndrome, stroke, myocardial infarction, surgery, diabetes wounds and ulcers, and cosmetic applications which are being marketed under the Dermacyte name. More information is available at http://www.oxybiomed.com/.
Caution Regarding Forward-Looking Statements
This news release contains certain forward-looking statements by Oxygen Biotherapeutics, Inc. referring to plans to move the listing of the company's shares to a major exchange that involve risks and uncertainties and reflect the company's judgment as of the date of this release. There can be no assurance that those plans and expectations will be realized. Additional information concerning these and other risk factors affecting Oxygen Biotherapeutics, Inc.'s business can be found in the company's public periodic filings with the Securities and Exchange Commission, which are available via http://www.oxybiomed.com/. Oxygen Biotherapeutics, Inc. disclaims any intent or obligation to update these forward-looking statements beyond the date of this release. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Oxygen Biotherapeutics, Inc.
CONTACT: Abe Wischnia of Abe Wischnia & Associates, +1-619-795-2345, for Oxygen Biotherapeutics, Inc.
Web Site: http://www.oxybiomed.com/
Microbix Biosystems Re-files Annual Results With OSC
TORONTO, Nov. 6 /PRNewswire-FirstCall/ -- Microbix Biosystems Inc. (the "Company") announces today that it has re-filed the Form 52-109F1 Certification of Annual Filings of William Gastle, the Chief Executive Officer and James Long, the Chief Financial Officer (the "Officer's Certificates") dated January 12, 2009 in connection with the annual audited financial statements for the year ended September 30, 2008.
The Company initially filed the annual financial statements for the year ended September 30, 2008 on SEDAR on December 23, 2008 along with the Officer's Certificates, but the Company inadvertently omitted the auditors report and notes. On January 12, 2009, the Company re-filed the annual financial statements, without amendment, along with the auditors report and notes.
As of the date of this news release, the Officer's Certificates dated December 23, 2008 should be disregarded, as the Officer's Certificates dated January 12, 2009 supersede and replace the Officer's Certificates dated December 23, 2008.
Microbix Biosystems Inc.
CONTACT: visit http://www.microbix.com/ or contact: James Long, CFO, Microbix Biosystems Inc., (416) 234-1626 x 265
Lux Energy Corp West Central Alberta Production Exceeds ExpectationsLUXE: OTC-BB
CALGARY, Nov. 6 /PRNewswire-FirstCall/ -- Lux Energy Corp. (the "Company") Has established a firm foothold in its West Central Alberta oil and gas venture.
President and CEO, Shane Broesky advises that the West Central Alberta C well has far exceeded the initial prospects. The C well drilled and completed in July, 2009, was considered a natural gas target. The well completion however, encountered a significant oil reservoir plus a further bonus when the completion encountered an abundance of petroleum liquids in the gas zone.
Mr. Broesky comments that this well has to date produced in excess of 2200 bbls of oil, 20 MMCF of natural gas and 600 bbls of NG liquids without stimulation. Production to date has averaged 60 BOE/day. The operator has advised that pumping equipment was installed on November 4th to enhance production recovery. In addition, engineering evaluations are in progress to determine a future reservoir flood scheme. The operator advises that the reservoirs in the C location have excellent porosity and a secondary flood program should substantially increase the capacity for reservoir recovery.
The success of the C lease location has provided Lux Energy Corp with the incentive to embark on an acquisition program to secure additional locations in this area of West Central Alberta.
A copy of the filed information can be found for viewing by electronic means by viewing the Company's filings on http://www.sec.gov/.
Lux Energy Corporation
Lux Energy is an oil and gas production and exploration company focusing on developing oil and gas resources in North America.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Lux Energy's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
LUX Energy Corporation
CONTACT: please visit http://www.luxenergycorp.com/ or contact Shane Broesky at: Corporate Office, Suite 510 - 640 8th Ave S.W., Calgary, Alberta, T2P 1G7, Canada, (403) 775-1730
Watson to Present at Credit Suisse Healthcare Conference
MORRISTOWN, N.J., Nov. 6 /PRNewswire-FirstCall/ -- Watson Pharmaceuticals, Inc. , a leading specialty pharmaceutical company, announced today that Paul Bisaro, Watson's president and chief executive officer, will provide an overview and update of the Company's business at the Credit Suisse 18th Annual Healthcare Conference on Wednesday, November 11, 2009 at 12:00 pm Eastern Standard Time.
This presentation will be webcast live and can be accessed on Watson Pharmaceuticals' Investor Relations Website at http://ir.watson.com/. The webcast can also be accessed at the following URL: http://w.on24.com/r.htm?e=174718&s=1&k=2A3BE5C03C41AC87564EA340841EC356
An archived version will be available for 30 days after the live presentation and can be accessed at the same locations.
About Watson Pharmaceuticals, Inc.
Watson Pharmaceuticals, Inc. is a global leader in the development and distribution of pharmaceuticals with a broad portfolio of generic products and a specialized portfolio of brand pharmaceuticals focused on Urology, Women's Health and Nephrology/Medical. For press releases and other company information, visit Watson Pharmaceuticals' Web site at http://www.watson.com/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020214/WATSONLOGO)
Photo: http://www.newscom.com/cgi-bin/prnh/20020214/WATSONLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Watson Pharmaceuticals, Inc.
CONTACT: Patty Eisenhaur of Watson Pharmaceuticals, Inc., +1-973-355-8141
Web Site: http://www.watson.com/
Centene Corporation to Present at Upcoming Healthcare Conferences
ST. LOUIS, Nov. 6 /PRNewswire-FirstCall/ -- Centene Corporation today announced that it will present at two upcoming healthcare conferences over the next few weeks.
Next week, at the Credit Suisse 18th Annual Health Care Conference, to be held November 11-13, 2009, at the Arizona Biltmore Resort and Spa in Phoenix, Centene will present Wednesday, November 11th at 4:30 p.m. Mountain Time. Investors and other interested parties may access Centene's presentation at: http://w.on24.com/r.htm?e=174781&s=1&k=E91138148481B8AE93D26A4DB82EFF7D.
The following week, Centene will present on Thursday, November 19th at 3:05 p.m. Eastern Time at Citi's 6th Annual Small/Mid Cap Conference, to be held November 19-20, at the Citigroup Global Markets Offices in New York City. Anyone interested in accessing a live, audio webcast of Centene's presentation may do so via the following website: http://www.veracast.com/webcasts/citigroup/smid09/28111122.cfm.
A webcast replay can be accessed shortly after each presentation via the Company's website at http://www.centene.com/ under the Investors section.
About Centene Corporation
Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the Children's Health Insurance Program (CHIP), as well as Aged, Blind, or Disabled (ABD), Foster Care, Long-Term Care and Medicare (Special Needs Plans). The Company operates local health plans and offers a wide range of health insurance solutions to individuals and the rising number of uninsured Americans. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, life and health management, managed vision, telehealth services, pharmacy benefits management and medication adherence. Information regarding Centene is available via the Internet at http://www.centene.com/.
Centene Corporation
CONTACT: Edmund E. Kroll, Senior Vice President, Finance & Investor Relations of Centene Corporation, +1-212-759-0382
Web Site: http://www.centene.com/
Libbey Inc. Names New General Manager of International OperationsRoberto Rubio Named Vice President, General Manager, International Operations
TOLEDO, Ohio, Nov. 6 /PRNewswire-FirstCall/ -- Libbey Inc. (OTC Bulletin Board: LYBI) announced today that Roberto Rubio is being appointed to the position of Vice President, General Manager, International Operations. Mr. Rubio joined Libbey's senior executive team as Vice President, Managing Director, Libbey Mexico on July 1, 2009, after 29 years at Vitro S.A. of Monterrey, Mexico. He replaces Kenneth G. Wilkes who recently left Libbey to pursue other career interests.
Commenting on the new assignment for Mr. Rubio, John F. Meier, Libbey chairman and chief executive officer stated, "Libbey is excited to have Roberto Rubio in this new role on our senior management team. He has been associated with Libbey since the creation of our original joint venture in Mexico in 1997, and beginning in 2006, he oversaw the successful integration of our operations in Mexico into Libbey. Roberto's solid international background and strong leadership skills will serve him well in this key Libbey leadership position."
Libbey Inc.:
-- is the largest manufacturer of glass tableware in the western
hemisphere and one of the largest glass tableware manufacturers in the
world;
-- is expanding its international presence with facilities in China,
Mexico, the Netherlands and Portugal;
-- is the leading manufacturer of tabletop products for the U.S.
foodservice industry; and
-- supplies products to foodservice, retail, industrial and
business-to-business customers in over 100 countries.
Based in Toledo, Ohio, since 1888, Libbey operates glass tableware manufacturing plants in the United States in Louisiana and Ohio, as well as in Mexico, China, Portugal and the Netherlands. Its Crisa subsidiary, located in Monterrey, Mexico, is the leading producer of glass tableware in Mexico and Latin America. Its Royal Leerdam subsidiary, located in Leerdam, Netherlands, is among the world leaders in producing and selling glass stemware to retail, foodservice and industrial clients. Its Crisal subsidiary, located in Portugal, provides an expanded presence in Europe. Its Syracuse China subsidiary designs and distributes an extensive line of high-quality ceramic dinnerware, principally for foodservice establishments in the United States. Its World Tableware subsidiary imports and sells a full-line of metal flatware and holloware and an assortment of ceramic dinnerware and other tabletop items principally for foodservice establishments in the United States. Its Traex subsidiary, located in Wisconsin, designs, manufactures and distributes an extensive line of plastic items for the foodservice industry. In 2008, Libbey Inc.'s net sales totaled $810.2 million.
Libbey Inc.
CONTACT: Kenneth Boerger, VP/Treasurer, +1-419-325-2279, Greg Geswein, VP/Chief Financial Officer, +1-419-325-2451, both of Libbey Inc.
Web Site: http://www.libbey.com/
Capital Gold Announces a 27% Increase In Gross Proceeds for First Fiscal Quarter
NEW YORK, Nov. 6 /PRNewswire-FirstCall/ -- Capital Gold (TSX: CGC; OTC Bulletin Board: CGLD) announced today that gross proceeds were approximately $11.7 million on 11,733 ounces of gold sold in the first fiscal quarter of 2010 (ended October 31, 2009) at its El Chanate mine in Sonora, Mexico. The average sale price was approximately $995 per ounce. This represents an increase in gross proceeds of approximately 19% over the fiscal quarter ended July 31, 2009 and a 27% increase over the same period in the prior fiscal year. Monthly gold production is currently running at approximately 4,200 ounces.
"This is a significant increase in gross proceeds compared to our fourth quarter and the equivalent period of last year," Capital Gold's President and Chief Operating Officer, John Brownlie, said. "We anticipate production to increase once the additional crushing plant module and the new leach pad becomes operational by the end of this calendar year. The full extent of these production increases will be determined with the completion of the SRK study which recently upgraded the proven and probable reserves to over 1.5 million gold ounces. Capital improvements, completed in 2009, added significant processing capability through the ADR and refinery plants. The new mine plan will optimize the mining and processing of additional gold production based on the expanded reserves at El Chanate."
Brownlie also commented on the changes at the corporate level: "We have been working to reduce corporate general and administrative costs and streamline decision making while improving shareholder communication." To help achieve this goal, Capital Gold's Board of Directors has been reduced to five members. The composition of the new Board will consist of a majority of independent directors. "Together, the board members bring a wealth of experience in mining and financial affairs to the company as we prepare the way for future growth," he added.
Robert Roningen and Roger A. Newell have resigned from their positions as members of the Board of Directors. Capital Gold wishes Robert a speedy recovery from his illness and Roger the very best in his latest venture. Capital Gold thanks both Robert and Roger for their contribution, dedication and service to shareholders during the early, formative years of the company.
About Capital Gold
Capital Gold Corporation (CGLD: CGC) is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the El Chanate gold property in Sonora, Mexico. Capital Gold has also begun exploration of 4,100 hectares of owned and leased concessions near the town of Saric, 60 miles from El Chanate. Further information about Capital Gold and the El Chanate Gold Mine is available on the Company's website, http://www.capitalgoldcorp.com/.
Statements in this press release, other than statements of historical information, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested due to certain risks and uncertainties, some of which are described below. Such forward-looking statements include comments regarding the establishment and estimates of production and mineral reserves and non-reserve mineralized material, future increases in mineral reserves, the recovery of any mineral reserves, grade, processing rates and capacity, estimated future gold production, potential mine life and future growth of the company. Factors that could cause actual results to differ materially include timing of and unexpected events during construction and expansion; variations in ore grade, tonnes mined, crushed or milled; delay or failure to receive government approvals; our ability to maintain low operating costs, the availability of adequate water supplies; mining or processing issues, continued compliance with U.S. and Mexican laws, including environmental laws; fluctuations in gold price and costs and the availability of financing on acceptable terms. There can be no assurance that future developments affecting the Company will be those anticipated by management.
Any forecasts contained in this press release constitute management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received and that actual results will vary from these estimates, possibly by material amounts. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event. Investors and others should not assume that any forecasts in this press release represent management's estimate as of any date other than the date of this press release. Further information on the factors and risks that could affect the Company's business, financial conditions and results of operations, is contained in the Company's filings with the U.S. Securities and Exchange Commission, which are available at http://www.sec.gov/.
Capital Gold Corporation
CONTACT: Kelly Cody, Manager of Investor Relations , Capital Gold Corporation, +1-212-344-2785, Fax: +1-212-344-4537, kelly@capitalgoldcorp.com; Media Inquiries: Victor Webb or Madlene Olson, Marston Webb International, +1-212-684-6601, Fax: +1-212-725-4709, marwebint@cs.com
Web Site: http://www.capitalgoldcorp.com/
Grubb & Ellis Company Announces Completion of $90 Million Preferred Equity Transaction
SANTA ANA, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Grubb & Ellis Company , a leading real estate services and investment firm, today announced the completion of its $90 million offering of 900,000 shares of a new issuance of a 12 percent cumulative participating perpetual convertible preferred stock.
The company estimates that the proceeds from the offering were approximately $85 million after deducting estimated offering expenses and giving effect to the conversion of the $5 million of subordinated debt provided by an affiliate of the company's largest stockholder. The company intends to use the proceeds to repay in full its credit facility at the agreed reduced principal amount equal to approximately 65 percent of the principal amount outstanding under such facility. The balance of the offering proceeds will be used for general working capital purposes.
"We are extremely pleased with the outcome of this transaction," said C. Michael Kojaian, the company's chairman. "I have every confidence that Grubb & Ellis has the right strategy and management team in place to deliver on its long-term objective of growing the company while continuing to provide clients with comprehensive solutions to their real estate needs."
The convertible preferred stock was sold in a private placement to qualified institutional buyers and accredited investors. The company has also granted the initial purchaser and placement agent a 45-day option to purchase up to an additional 100,000 shares of preferred stock.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities (including the shares of common stock into which the securities are convertible) and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. Although certain of the purchasers of the preferred stock have the right to have their securities registered, the preferred stock and the underlying common stock issuable upon conversion have not been registered under the Securities Act or any applicable state securities laws and may not be offered or sold in the United States, absent registration or an applicable exemption from such registration requirements.
Additional terms and information with respect to the transaction will be included in a Current Report on Form 8-K that was filed with the Securities and Exchange Commission on Oct. 26, and a preliminary proxy statement that was filed with the SEC earlier today.
About Grubb & Ellis Company
Named to The Global Outsourcing 100(TM) in 2009 by the International Association of Outsourcing Professionals(TM), Grubb & Ellis Company is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Forward-Looking Statements
Certain statements included in this press release may constitute forward-looking statements regarding, among other things, the ability of future revenue growth, market trends, new business opportunities and investment programs, results of operations, changes in expense levels and profitability and effects on the company of changes in the real estate markets. These statements involve known and unknown risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. Such factors which could adversely affect the company's ability to obtain these results include, among other things: (i) a continued or further slowdown in the volume and the decline in transaction values of sales and leasing transactions; (ii) the general economic downturn and recessionary pressures on businesses in general; (iii) a prolonged and pronounced recession in real estate markets and values; (iv) the unavailability of credit to finance real estate transactions in general and the company's tenant-in-common programs, in particular; (v) the reduction in borrowing capacity under the company's current credit facility, and the additional limitations with respect thereto; (vi) the ability to obtain the requisite stockholder approval to increase the company's authorized capital; (vii) the ability of the company to return to compliance with the NYSE's continued listing standards; (viii) the success of current and new investment programs; (ix) the success of new initiatives and investments; (x) the inability to attain expected levels of revenue, performance, brand equity and expense synergies resulting from the merger of Grubb & Ellis Company and NNN Realty Advisors in general, and in the current macroeconomic and credit environment, in particular and (xi) other factors described in the company's annual report on Form 10-K/A for the fiscal year ending December 31, 2008, Form 10-Q for the three-month periods ending March 31, 2009 and June 30, 2009 and in other current reports on Form 8-K filed with the Securities and Exchange Commission (the "SEC"). The company does not undertake any obligation to update forward-looking statements.
Grubb & Ellis Company
CONTACT: Janice McDill of Grubb & Ellis Company, +1-312-698-6707, janice.mcdill@grubb-ellis.com
Web Site: http://www.grubb-ellis.com/
Parker Scheduled to Present at Robert W. Baird Industrial Conference on November 10 at 7:45 a.m. Central time
CLEVELAND, Nov. 6 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation , the global leader in motion and control technologies, today announced that it is scheduled to present at the Robert W. Baird Industrial Conference in Chicago, Illinois on November 10, 2009 at 7:45 a.m. Central time (8:45 a.m. Eastern time).
(Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )
Parker's scheduled presenter is Tom Williams, Executive Vice President and Operating Officer. A live webcast of the presentation will be accessible on Parker's investor information website at http://www.phstock.com/ and will be archived on the site.
With annual sales exceeding $10 billion in fiscal year 2009, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 53 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at http://www.parker.com/, or its investor information site at http://www.phstock.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO
Parker Hannifin Corporation
CONTACT: Media, Christopher M. Farage - Vice President, Communications & External Affairs, +1-216-896-2750, cfarage@parker.com; or Financial Analysts, Pamela Huggins, Vice President - Treasurer, +1-216-896-2240, phuggins@parker.com
Web Site: http://www.phstock.com/
Genesee & Wyoming Inc. to Present at Citi Investment Research Small/Mid Cap Conference
GREENWICH, Conn., Nov. 6, 2009 /PRNewswire-FirstCall/ -- Genesee & Wyoming Inc. (GWI) Chief Executive Officer John C. Hellmann will present at the Citi's Investment Research Small/Mid Cap Conference in New York on Friday, Nov. 20, 2009, at 10:40 a.m. ET.
Interested investors may access Mr. Hellmann's presentation via live Internet webcast at the GWI web site (http://www.gwrr.com/) under "Investors." The webcast also will be archived on the site.
GWI owns and operates short line and regional freight railroads in the United States, Canada, Australia and the Netherlands. Operations currently include 62 railroads organized in nine regions, with more than 6,000 miles of owned and leased track and approximately 3,000 additional miles under track access arrangements. GWI provides rail service at 16 ports in North America and Europe and performs contract coal loading and railcar switching for industrial customers.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Genesee & Wyoming's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
Contact: Michael Williams, Corporate Communications, Genesee & Wyoming Inc., 203.629.3722, mwilliams@gwrr.com
Genesee & Wyoming Inc.
CONTACT: Michael Williams, Corporate Communications, Genesee & Wyoming Inc., +1-203-629-3722, mwilliams@gwrr.com
Web Site: http://www.gwrr.com/
People's United Financial, Inc. to Present at Sandler O'Neill & Partners East Coast Financial Services Conference
BRIDGEPORT, Conn., Nov. 6 /PRNewswire-FirstCall/ -- People's United Financial, Inc. today announced it will participate in the Sandler O'Neill & Partners East Coast Financial Services Conference on Thursday, November 12 in Manalapan, FL.
Executive management will make a presentation scheduled to begin at 7:45 a.m. ET.
Presentation materials and a link to the live webcast will be available on People's United Financial's web site at http://www.peoples.com/ - Investor Relations - News & Events - Financial Services Conference. The webcast will be archived and available for replay.
People's United Financial, Inc., a diversified financial services company with $21 billion in assets, provides consumer and commercial banking services through its subsidiary, People's United Bank, with approximately 300 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York. Through additional subsidiaries, People's United Financial provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.
Access Information About People's United Financial on the World Wide Web at http://www.peoples.com/.
People's United Financial, Inc.
CONTACT: Media, Brent DiGiorgio, +1-203-338-2351, brent.digiorgio@peoples.com, or Investors, Jared Shaw, +1-203-338-4130, jared.shaw@peoples.com
Web Site: http://www.peoples.com/
DUSA Pharmaceuticals to Present at the Merriman Curhan Ford Investor Summit 2009
WILMINGTON, Mass., Nov. 6 /PRNewswire-FirstCall/ -- DUSA Pharmaceuticals, Inc.® (Nasdaq GM: DUSA), a dermatology company that is developing and marketing Levulan® Photodynamic Therapy (PDT) and other products focused on patients with common skin conditions, announced that Bob Doman, President and Chief Executive Officer, will present a corporate overview at the Merriman Curhan Ford Investor Summit 2009 on Tuesday, November 10, 2009 at 10:00 a.m. ET at the Hotel Sofitel in New York City. Interested investors can access the live audio webcast of the presentation at http://www.dusapharma.com/. An archived version of the presentation will be available on the DUSA website for 90 days following the presentation.
About DUSA Pharmaceuticals
DUSA Pharmaceuticals, Inc. ® is an integrated dermatology pharmaceutical company focused primarily on the development and marketing of its Levulan® Photodynamic Therapy technology platform, and complementary dermatology products. Levulan PDT is currently approved for the treatment of Grade 1 and 2 actinic keratoses of the face and scalp. DUSA also markets other dermatology products, including ClindaReach®. DUSA is researching Levulan PDT for the treatment of AKs and the prevention of new non-melanoma skin cancer in chronically immunosuppressed solid organ transplant recipients. DUSA is based in Wilmington, Mass. Please visit our web site at http://www.dusapharma.com/.
DUSA Pharmaceuticals, Inc.
CONTACT: Chad Rubin, +1-646-378-2947, for DUSA Pharmaceuticals
Web Site: http://www.dusapharma.com/
ECO2 Plastics, Inc. Reports Third Quarter Financial Results
RIVERBANK, Calif., Nov. 6 /PRNewswire-FirstCall/ -- ECO2 Plastics, Inc., (BULLETIN BOARD: EOPI) , the eco-friendly recycling company that is changing the way plastics are recycled, today reported its 2009 third quarter financial results in a Form 10-Q filing. The Company reported the following results:
-- Revenues of $1.4 million for the quarter were achieved versus $2.5
million during the same period in 2008.
-- Revenues for the nine months ended September 30th were $3.0 million in
2009 versus $5.4 million in 2008.
-- Net losses from operations were $9.6 million for the quarter versus
$3.3 million during the same period in the prior year, and net losses
were $10.0 million for nine months ended September 30th versus $12.8
million for the prior year.
-- Excluding a one-time impairment of assets related to the closing of
the plant during the quarter, net losses from operations were $2.0
million for the quarter versus $3.3 million during the same period in
the prior year, and net losses were $6.1 million for nine months ended
September 30th versus $9.6 million for the prior year.
During the quarter, the Company closed its existing facility in Riverbank, CA. Dismantling of the plant is nearing completion and the Company has identified a suitable site for the new facility as well as new equipment to construct a new plant. The Company has not yet executed a lease agreement or a purchase agreement for the equipment, which will be subject to raising additional financing. Additionally, the Company filed a second amendment to a preliminary 14C and 13E3 with the SEC to conduct a 1 for 2000 reverse stock split. The filing continues to be under review and a definitive 14C will be filed following completion of answers to the SEC's comments.
Rod Rougelot, CEO of ECO2 Plastics stated, "Raising additional financing remains our primary focus with the goal of being operational again in the second quarter of 2010."
About ECO2 Plastics (http://www.eco2plastics.com/)
ECO2 Plastics, (EOPI.OB), is a publicly traded company engaged in PET plastic recycling. The Company's patented process was developed through a research partnership with Honeywell FM&T and the US Department of Energy. ECO2 Plastics is the exclusive worldwide licensee of the patented and patent-pending technology. The Company is headquartered in Riverbank, California.
ECO2's approach sets it apart from competitors that deploy water-based recycling processes. Unlike other recyclers, ECO2's process eliminates the use of water, respects and preserves the environment, while delivering a high quality recycled plastic flake, which is approved by the FDA for use in food contact applications. ECO2 Plastics is the only recycling company that can claim that (i) its plastic recycling technology has a negligible impact on the environment and (ii) is distinguishable from existing technologies when it comes to water waste and chemical contamination.
For more information please email press@eco2plastics.com or call 650-279-8619.
Cautionary Warning Regarding Forward-Looking Statements
"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. ECO2 Plastics, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by ECO2 Plastics, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) operate production lines with sufficient efficiency and cost effectiveness, (ii) increase revenues, (iii) obtain profitability, (iv) obtain additional financing, (v) manage changes in general economic and business conditions (including in the environmental technology and plastic recycling industries), (vi) react to actions of our competitors, (vii) develop new services and markets for our services and products, (viii) properly quantify the time and expense involved in such development activities, (ix) identify and manage risks in connection with acquisitions (x) identify and capitalize upon the level of demand for and market acceptance of our services and products and (xi) make any necessary changes to our business strategies.
ECO2 Plastics, Inc.
CONTACT: ECO2 Plastics, Inc., +1-650-279-8619, press@eco2plastics.com
Web Site: http://www.eco2plastics.com/
Helix BioPharma to Present at Merriman Curhan Ford's Investor Summit 2009 on November 10th
AURORA, Ontario, Nov. 6 /PRNewswire-FirstCall/ -- Helix BioPharma Corp. (TSX, FSE: "HBP" / Pink Sheets: HXBPF) today announced that John Docherty, president and chief operating officer, will present at Merriman Curhan Ford's 6th annual Investor Summit on November 10, 2009 at 4:00 PM at the Sofitel Hotel in New York City. Mr. Docherty will provide an overview of the Company's leading product development programs L-DOS47 and Topical Interferon Alpha-2b. The slide show portion of the presentation will be posted on the Company's website, http://www.helixbiopharma.com/, on November 10th, 2009.
About Helix BioPharma Corp.
Helix BioPharma Corp. is a biopharmaceutical company specializing in the field of cancer therapy. The Company is actively developing innovative products for the prevention and treatment of cancer based on its proprietary technologies. Helix's product development initiatives include its novel L-DOS47 new drug candidate and its Topical Interferon Alpha-2b. Helix is listed on the TSX and FSE under the symbol "HBP" and on the OTCQX International Market under the symbol "HXBPF."
About Merriman Curhan Ford
Merriman Curhan Ford is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in five growth industry sectors: CleanTech, Consumer, Media & Internet, Health Care, Natural Resources and Technology. For more information, please go to http://www.mcfco.com/.
For further information contact:
Investor Relations
Robert Flamm, Ph.D.
Russo Partners LLC
Tel: (212) 845-4226
Email: robert.flamm@russopartnersllc.com
http://www.russopartnersllc.com/
Media Relations
Ian Stone
Russo Partners LLC
Tel: (619) 814-3510
Fax: (619) 955-5318
Email: ian.stone@russopartnersllc.com
This News Release contains certain forward-looking statements and information (collectively, "forward-looking statements") regarding the Company's planned presentation at Merriman Curhan Ford's 6th annual Investor Summit and the Company's research and development initiatives, which statements can be identified by the use of forward looking terminology such as "will", "developing", "November 10, 2009", or comparable forward-looking terminology. Helix's actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous factors, including without limitation, the fact that the presentation and the posting of the slide show portion of the presentation on the Company's website are subject to change or cancellation without notice; Helix's need for additional future capital, which may not be available in a timely manner or at all; the need for additional research and development, the outcome of which is uncertain; and uncertainty whether L-DOS47 or Topical Interferon Alpha-2b, or any other product development initiatives, will be successfully developed or commercialized. See the Company's latest Form 20-F and other reports filed from time to time on SEDAR at http://www.sedar.com/, and on EDGAR at http://www.sec.gov/edgar.shtml for a further description of certain of these and other important risks and uncertainties affecting the Company which could cause actual results to vary materially from current results or those anticipated in forward-looking statements. The Company does not assume any obligation to update any forward-looking statement except as required by law. The Company has relied solely on Merriman Curhan Ford for the information about them provided in this News Release and the Company disclaims any liability with respect to such information or with respect to information contained in their website, which is referenced for convenience only and not as an endorsement by Helix of such website.
Helix BioPharma Corp.
CONTACT: Investor Relations, Robert Flamm, Ph.D., +1-212-845-4226, robert.flamm@russopartnersllc.com; or Media Relations, Ian Stone, +1-619-814-3510 or Fax, +1-619-955-5318, ian.stone@russopartnersllc.com, both of Russo Partners LLC
Web Site: http://www.helixbiopharma.com/
Sonic Solutions Announces Schedule of Upcoming Investor Events
NOVATO, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Sonic Solutions® today announced that it will participate in the following upcoming events with the financial community. On-demand audio webcasts of the presentations will be accessible and archived at the company's Web site at http://corporate.sonic.com/events.cfm.
Piper Jaffray
5th Annual Global Internet Summit - Internet Video Services Panel
Rosewood Sand Hill
Menlo Park, CA
November 10, 2009
12:45 p.m. EST / 9:45 a.m. PST
Merriman Curhan Ford
6th Annual Investor Summit
Sofitel New York
New York, NY
November 10, 2009
3:00 p.m. EST / 12:00 p.m. PST
About Sonic Solutions
Sonic Solutions® is powering the digital media ecosystem through its complete range of Hollywood to Home(TM) applications, services, and technologies. Sonic's Roxio® products enable consumers to easily manage and enjoy personal digital media content and, through Roxio CinemaNow(TM), access premium Hollywood entertainment on a broad range of connected devices. A wide array of leading technology firms, professionals, and developers rely on Sonic to bring innovative digital media functionality to next-generation devices and platforms. Sonic Solutions is headquartered in Marin County, California.
Forward-Looking Statements
This release may contain forward looking statements that are based upon current expectations, including the market acceptance and success of the alliance between Blockbuster and Sonic Solutions. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties. This press release should be read in conjunction with Blockbuster's and Sonic Solutions' most recent annual reports on Form 10-K, quarterly Forms 10-Q and other reports on file with the Securities and Exchange Commission, which contain a more detailed discussion of each company's business including risks and uncertainties that may affect future results. Neither Blockbuster nor Sonic Solutions undertakes to update any forward looking statements.
Sonic, the Sonic logo, Sonic Solutions, Roxio, Roxio CinemaNow, and Hollywood to Home, are trademarks or registered trademarks owned by Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject to change without notice.
Sonic Solutions
CONTACT: Nils L. Erdmann of Sonic Solutions, +1-415-893-8000, nils_erdmann@sonic.com
Web Site: http://www.sonic.com/
Petromin Resources Appoints Jinwei Julie Xu as Chief Financial Officer
VANCOUVER, Nov. 6 /PRNewswire-FirstCall/ -- Petromin Resources Ltd. ("Petromin") (TSX.V:PTR): Petromin is pleased to announce the appointment of Jinwei Julie Xu, CGA to the position of Chief Financial Officer (CFO) effective immediately.
Ms. Xu brings to Petromin a solid reputation in both domestic and international business as an administrator, accountant and financial manager. Her recent professional experience includes serving as a Director of Hollingport Ventures Inc., a Vancouver-based company listed on the Toronto Venture Stock Exchange. Currently, Ms. Xu is responsible for the accounting department of Petromin where she manages the company's oil and gas accounting, financial reporting and compliance commitments and works with senior executives and the Board of Directors developing short term & long term financial strategy . Her oil and gas experience includes project financial oversight analysis for potential oil and gas acquisitions and due diligence coordination for properties in Alberta. Petromin has operating oil and gas interests in Canada and participates in an enhanced coalbed methane pilot project in China.
Ms. Xu also provides accounting and financial support to TerraWest Energy Corp. (TWE) as part of the management services provided by Petromin to TWE.
"We are extremely pleased to have Ms. Xu in the Company and to see her progress professionally to the position of CFO. Julie's professional background and strong management skills add tremendous value to Petromin's current business and will contribute to the advancement of our future endeavours. Her fluency in both English and Mandarin make her an invaluable asset in the sustainability of our international business," stated Mr. Ross Gorrell, President and CEO of Petromin and co-chairman of the Board of Directors.
Ms. Xu received her Canadian Certified General Accountant (CGA) designation in 2009 and is a graduate of East China Normal University where she received Bachelor and Masters degrees. In 2001 and 2002, Ms. Xu was a visiting scholar at the University of British Columbia (UBC).
Previous to joining Petromin in 2006, Ms. Xu worked as an Associate Professor at East China Normal University in Shanghai, China, and was editor of an academic journal in China. As a noted academic, Ms. Xu has extensive experience and background in monitoring and analyzing China's economic development, regulatory issues and government organization that will assist Petromin's understanding of China and the company's expansion into the Chinese market.
About Petromin Resources
Petromin Resources is a progressive international petroleum and natural gas exploration and production company listed Tier 1 on the TSX Venture Exchange. Petromin is a major shareholder in TWE and provides professional services under the terms of a management agreement with TWE.
Petromin was ranked 24th of the Top 100 Fastest Growing Companies in BC by Business in Vancouver in 2009 based on a 704% revenue increase over the past 4 years.
Petromin Resources Ltd.
CONTACT: Mike Suk, Vice-President of Corporate Communications, Petromin Resources Ltd., (604) 682-8831
Target Unwraps New Price Cuts on Holiday ToysFurther Reductions and Low Price Promise Make Target the Affordable Toy Destination this Season
MINNEAPOLIS, Nov. 6 /PRNewswire/ -- Target® introduces all-new price cuts on some of the hottest toys this season, from national brands to Target exclusives. Shoppers can expect hundreds of ongoing reductions throughout the holidays on top brands including Fisher Price, Ni Hao Kai Lan, Barbie, LIV, Furreal, Star Wars, Ben 10 and Air Hogs. For guests hoping to get a head start on the gifting season, November deals include over 400 price cuts, which began rolling out November 1.
"We want to help our guests get the best value within their budget this holiday season," said Tony Fisher, Target divisional merchandising manager, toys and sporting goods. "With our spectacular savings and assortment of toys and games, gift givers will find everything they need all in one place."
Knock Their Stockings Off
The new Target Holiday Toy Catalog is full of prices that will make moms and dads merry. The Catalog features new reductions beyond the everyday low Target prices on must-have toys from Little People, Fisher Price, Hot Wheels, Tonka, and Leapfrog that are a tree-topping 50 percent off, all through November 25. The Catalog arrives on Sunday, November 8 in newspaper inserts, and is already available online, complete with coupons, at catalog.target.com/targetholiday.
The Buck Stops Here
Shoppers have so many choices and so little time during the holidays. To help, Target continually shops the competition, so guests don't have to. Parents can be assured they'll find the best prices at Target on all toys this holiday season, regardless of competitor price cuts. Through Target's Low Price Promise, Target stores nationwide will match locally advertised prices from competitors on identical single items (defined as the same brand and model number during the effective date of its ad, or within seven days of a prior purchase). For more information on Target's Low Price Promise, visit Target.com.
About Target
Minneapolis-based Target Corporation serves guests at 1,743 stores in 49 states nationwide and at Target.com. Target is committed to providing a fun and convenient shopping experience with access to unique and highly differentiated products at affordable prices. Since 1946, the corporation has given 5 percent of its income through community grants and programs like Take Charge of Education. Today, that giving equals more than $3 million a week.
Target
CONTACT: Gloria Quinn, Kaplow, +1-212-221-1713, or Target Communications, +1-612-696-3400, Visit the Target Pressroom: Target.com/pressroom
Web Site: http://target.com/
Maxwell Technologies CEO David Schramm to Present at Thomas Weisel Alternative Energy Conference in New York
SAN DIEGO, Nov. 6 /PRNewswire-FirstCall/ -- David Schramm, president and chief executive officer of Maxwell Technologies, Inc. will present at the Thomas Weisel Partners Alternative Energy & Natural Resources Conference at 3:15 p.m. (EST) on November 10, 2009 at the New York Palace Hotel.
The presentation will be webcast live via the following link: http://www.maxwell.com/ and will be archived for subsequent Internet replay via the following link: http://www.maxwell.com/.
Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications.
Maxwell Technologies, Inc.
CONTACT: Michael Sund of Maxwell Technologies, Inc., +1-858-503-3233, msund@maxwell.com
Web Site: http://www.maxwell.com/
From the African Rain Forest to Sunset Boulevard, "PUNCTURED HOPE" is Screening in Los Angeles
LOS ANGELES, CA, Nov. 6 /PRNewswire-FirstCall/ -- The feature film "PUNCTURED HOPE - A STORY ABOUT TROKOSI AND YOUNG GIRLS' SLAVERY IN TODAY'S WEST AFRICA" is Toronto Pictures' Academy Awards(R) and Golden Globe Awards(R) entry.
Gala opening in Los Angeles at the Laemmle Sunset 5 Theater on Tuesday, November 10 at 7:30 PM (8000 Sunset Blvd., West Hollywood).
Members of the Academy of Motion Picture Arts and Sciences, members of the Hollywood Foreign Press Association(R) and members of the Broadcast Film Critics Association are invited to attend. RSVP at (1) 647-296-3459.
Public screenings of PUNCTURED HOPE take place in Encino at the Laemmle Town Center 5 Theater - November 13 to 19 - one screening per day at 8:15 PM (17200 Ventura Blvd.).
Director Bruno Pischiutta and Producer Daria Trifu are in Los Angeles and they are available for interviews with the media. Inquiries: (1) 647-296-3459
PUNCTURED HOPE is based on the true life story of a West African Trokosi slave. She was genitally mutilated and sexually abused for years when, as a virgin girl, she was enslaved to become a victim of the Trokosi custom practice. Trokosi is one of the widest spread forms of women slavery that exists today in the world.
IMDB: http://www.imdb.com/title/tt0448093
Video Clips: http://www.youtube.com/TorontoPictures
PUNCTURED HOPE was an official selection at the Montreal World Film Festival where it achieved critical and public success. News: http://www.editurl.com/3jv
About Maestro Bruno Pischiutta:
Born in Udine, Italy in 1947, Bruno Pischiutta began his film career in the late 1960s as an actor in films by Francesco Rosi, Nanni Loy and Billy Wilder. In 1975 he founded the Centro Iniziative di Azione Culturale in Rome. He made his directorial debut in 1975 with COMPAGNE NUDE, and he moved to Canada in 1983. His other films include ULTIMO INCONTRO A VENEZIA (1977), ISOLA MECCANICA (1978), THE COMOEDIA (1981), LIFE'S CHARADE (1987), MAYBE (2003).
IMDB: http://www.imdb.com/name/nm0994395
About Toronto Pictures (Symbol: TTOPF):
Targeting a global audience, Toronto Pictures explores different cultures and addresses controversial issues of our time in dramatic format. Toronto Pictures produces Hollywood standard, 35 mm feature films that provoke thought not violence.
Website: http://torontopictures.ning.com/
Toronto Pictures Inc.
CONTACT: Daria Trifu, (647) 296-3459, corporate@filmail.com
Competitive Companies, Inc. Announces Letter of Intent to Acquire Voice Vision, Inc.
SAN ANTONIO, Nov. 6 /PRNewswire-FirstCall/ -- Competitive Companies Inc. (CCI) (BULLETIN BOARD: CCOP) announced today the Company has signed a Letter of Intent to acquire Voice Vision, Inc. (VVI). This planned acquisition is consistent with the CCI Strategic Business Plan, designed to build enterprise value through organic growth and select acquisition opportunities associated with cross-functional integration of complementary core competencies. Moreover, the value to shareholders of both companies is substantial in adding IP video delivery. Along with providing a unique voice over IP solution for CCI's current customers, Voice Vision's focus on the multibillion dollar market associated with distant learning, telemedicine and hearing impaired, is consistent to the combined and continuing commitment to our ethical, cultural and social conscious.
In announcing the Letter of Intent, William H. Gray, CEO of CCI said, "Our strategic business plan outlines a methodology that advocates enterprise growth through organic means as well as through an acquisition philosophy that integrates strategic assets and core competencies advantageous to both parties. We look forward to working very closely with Voice Vision to continue the tradition of excellence for current customers, as well as expand a full range of new and unique products and services of value."
"We have been selectively considering strategic alliance or merger candidates for some time to achieve VVI's strategic vision. We are confident this merger with CCI enhances that vision and provides the elements required to expedite our business model," added Voice Vision Chairman, Mr. Jay Potter.
About Voice Vision, Inc.
Voice Vision, Inc. is a premier provider of video communication solutions through the internet. Due to integration of technology convergence components into a high quality, competitively priced, and easy to use product, there is finally a video phone and video conferencing solution that has dramatically improved communication for large and small businesses, as well as for personal and family use. A significant differentiation is that all video to video calls are free -- a value proposition of the highest order relative to protecting your bottom line. For more information on the Company, please visit http://www.voicevisionusa.com/
About Competitive Companies, Inc.
Competitive Companies, Inc. (CCI) is a Nevada Corporation with offices in Riverside, California, Eau Clair, Wisconsin, San Antonio, Texas, and Scottsdale, Arizona. The Company began operations in 1998 to provide telecommunication services including data, voice and video to multiple dwelling units (MDU's) in tier one markets. As Congress passed "open access" legislation in the MDU marketplace, larger capitalized organizations made it exceedingly difficult for the Company to compete in this space. Thus, CCI has refocused its business interest on rural communities nationwide to deliver data and voice utilizing fixed wireless as its primary delivery choice. CCI has assembled a management team with extensive telecommunications industry, financial, and business management experience. For more information on the Company, please visit http://www.cci-us.com/.
Forward-Looking Statements:
This press release contains statements that are "forward-looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
Competitive Companies Inc.
CONTACT: Press /Analysts: Investor Relations, 1-888-284-4531, ir@cci-us.com
Web Site: http://www.cci-us.com/
CILCORP Inc. Announces Tender Offer and Consent Solicitation
PEORIA, Ill., Nov. 6 /PRNewswire-FirstCall/ -- CILCORP Inc. ("CILCORP"), a wholly owned subsidiary of Ameren Corporation , announced today that it has commenced a cash tender offer (the "tender offer") for any and all of its outstanding 9.375% senior bonds due 2029 (CUSIP No. 171794 AF7) (the "bonds"). Currently $210,565,000 aggregate principal amount of bonds are outstanding.
Concurrently with the tender offer, CILCORP is soliciting consents (the "consent solicitation") from the holders of the bonds to certain proposed amendments (the "proposed amendments") to the indenture governing the bonds (the "indenture"). The proposed amendments would eliminate certain restrictive covenants in the indenture and the bonds.
The complete terms and conditions of the tender offer and the consent solicitation are set forth in an offer to purchase and consent solicitation statement dated November 6, 2009 ("offer to purchase") and the related letter of transmittal and consent. The following is a brief summary of certain key elements of the tender offer and the consent solicitation:
-- The tender offer will expire at midnight, New York City time, on
December 7, 2009, unless extended or earlier terminated (as so
extended or earlier terminated, the "expiration date").
-- The last date and time for holders to receive the total consideration
(as defined below) will be 5:00 p.m., New York City time, on November
17, 2009, unless extended (as so extended, the "consent date").
-- The total consideration for each $1,000 principal amount of bonds
validly tendered on or prior to the consent date, and not validly
withdrawn, and which is accepted, is $1,210.00 (the "total
consideration"), which includes a payment of $50.00 per $1,000
principal amount of the bonds tendered on, or prior to, the consent
date (the "consent payment"). Holders who tender bonds after the
consent date but before the expiration date will only be eligible to
receive the total consideration less the consent payment.
-- Holders whose bonds are accepted for payment in the tender offer will
receive any accrued but unpaid interest in respect of such purchased
bonds up to, but not including, the settlement date for the tender
offer and the consent solicitation.
-- Tenders of bonds may be validly withdrawn at any time prior to the
consent date. Bonds tendered after the consent date may not be
withdrawn.
-- Holders who tender their bonds will be deemed to have consented to the
proposed amendments to the indenture, as described in the offer to
purchase. The consent of the holders of not less than a majority in
aggregate principal amount of outstanding bonds is required to effect
the proposed amendments with respect to the bonds. Holders cannot
validly tender their bonds without delivering consents and cannot
validly deliver consents without tendering their bonds.
-- Consummation of the tender offer and the consent solicitation is
subject to a number of conditions, including the absence of certain
adverse legal and market developments and the receipt of the requisite
consents to the proposed amendments. CILCORP has reserved the right to
amend, extend, terminate, or waive any conditions to the tender offer
and the consent solicitation at any time.
J.P. Morgan Securities Inc. is the Dealer Manager for the tender offer and the consent solicitation and may be contacted at 212-834-4802 (collect calls accepted) or toll free at 866-834-4666. Requests for documents may be directed to Global Bondholder Services Corporation, the Information Agent for the tender offer and the consent solicitation, at 212-430-3774 (collect calls accepted) or toll free at 866-857-2200.
This press release does not constitute an offer or an invitation by CILCORP to participate in the tender offer or the consent solicitation in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction. The tender offer and the consent solicitation are only being made pursuant to the offer to purchase and the related letter of transmittal and consent.
CILCORP is an Ameren Corporation subsidiary that operates as a holding company for Central Illinois Light Company ("CILCO") and a merchant generation subsidiary. CILCO operates a rate-regulated electric transmission and distribution business, a merchant electric generation business (through its subsidiary, AmerenEnergy Resources Generating Company) and a rate-regulated natural gas transmission and distribution business in Illinois. CILCO supplies electric and gas utility service to portions of central and east central Illinois in areas of 3,700 and 4,500 square miles, respectively, with an estimated population of 0.6 million. CILCO supplies electric service to 214,000 customers and natural gas service to 216,000 customers. AmerenEnergy Resources Generating Company, a merchant generation wholly owned subsidiary of CILCO, owns 1,125 megawatts of coal-fired electric generating capacity and has 15 megawatts of oil-fired electric generating capacity.
Ameren Corporation
CONTACT: Media, Susan Gallagher, +1-314-554-2175, sgallagher@ameren.com, or Analysts, Doug Fischer, +1-314-554-4859, dfischer@ameren.com, or Investor Services, 1-800-255-2237, invest@ameren.com, all of Ameren Corporation
Web Site: http://www.ameren.com/
P&G Recognizes Top Connect + Develop(SM) External Partners and EnablersGlobal Business Development Awards Dinner Draws Attendees From Around the Globe
CINCINNATI, Nov. 6 /PRNewswire/ -- The Procter & Gamble Company hosted over 50 external companies the afternoon and evening of November 5th in Cincinnati, Ohio to acknowledge and celebrate successful external partnerships with P&G's Global Business Development Organization, a group responsible for P&G's Connect + Develop(SM) approach to open innovation.
"This event is about our external partners, not P&G. The annual awards dinner gives us the opportunity to recognize partners who have significantly contributed to P&G's business either through enabling networks or partnerships to create new and improved consumer products and services," remarked P&G vice president of global business development Jeffrey D. Weedman. "We seek out collaborations where both sides see value creation and, ideally, envision long term relationships. Most of the awards we've given out tonight reflect the lasting relationships we have with external companies."
The following companies were recognized for significant contributions as external partners:
-- External Business Partner of the Year - Corium International. This
award recognized the external company that is an exemplary business
partner with P&G and has achieved outstanding business results. P&G
licensed the adhesive technology behind Crest Whitestrips Advanced
Seal from Corium;
-- University Partner of the Year - University of Cincinnati. This award
recognized the university which most effectively has worked with P&G
to foster research and new business models. University of Cincinnati,
P&G and several other companies created a non-profit organization
called the Live Well Collaborative (LWC) whose purpose is to design
new products and services for people ages 50+;
-- External Enabling Partner of the Year - YourEncore
-- External Key Enabler of the Year - Ernst & Young (E&Y): These awards
recognized the external companies which have best advanced P&G's open
innovation efforts. YourEncore's network of 5700+ retired experts with
unique capabilities has enabled P&G to build efficiency and accelerate
innovation projects. E&Y has a long standing relationship with P&G and
has worked with P&G on a number of tax and internal controls projects.
P&G has also enlisted E&Y's help to commercialize P&G's Reliability
Technology (a proprietary set of practices to improve manufacturing
efficiencies);
-- Distinguished Service Award - Unicharm. This recognizes the external
partner with an exemplary long-term relationship and a track record of
sustained excellent business results with P&G. Unicharm is P&G's
licensor for the technology used in P&G's Swiffer Duster product,
which has been a very successful addition to the Swiffer line.
"P&G is fostering a culture of cooperation and partnership as part of our objective to serve more consumers," said P&G senior vice president and treasurer Teri List. "This event celebrates our long-term partners and demonstrates our commitment to our Connect + Develop(SM) strategy to bring external ideas and opportunities into P&G and to be the preferred partner for open innovation."
For more information about P&G's Connect + Develop(SM) approach, go to pgconnectdevelop.com.
About Procter & Gamble
Four billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Gain®, Pringles®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Duracell®, Olay®, Head & Shoulders®, Wella®, Gillette®, Braun® and Fusion®. The P&G community includes approximately 135,000 employees working in about 80 countries worldwide. Please visit http://www.pg.com/ for the latest news and in-depth information about P&G and its brands.
Procter & Gamble
CONTACT: P&G Media: Mary Ralles, +1-513-945-4015, Ralles.ml@pg.com
Web Site: http://www.pg.com/
Roper Industries Announces Two Acquisitions to Enhance Growth in Medical and Toll & Traffic Businesses
SARASOTA, Fla., Nov. 6 /PRNewswire-FirstCall/ -- Roper Industries, Inc. today announced that it has signed a definitive agreement to acquire Verathon, Inc., a leading provider of proprietary medical devices. The Verathon Board of Directors has approved the transaction and the closing is subject to customary regulatory approvals and closing conditions, including shareholder approval. The parties expect the closing to be completed in early December.
Headquartered in Bothell, Washington, Verathon is a leading global provider of proprietary medical devices and services. Verathon's noninvasive BladderScan® instrument is a standard of care for portable ultrasound bladder volume measurement. The Company's GlideScope® Video Laryngoscope improves intubation success for emergency departments, operating rooms and rapid response applications such as EMS and military applications. With a direct sales force of over 140 people, Verathon provides global coverage to hospitals, primary care physicians, acute care and military end markets.
Roper also announced it has acquired the assets of United Toll Services, LLC (UTS). Headquartered in Montgomery, Alabama, UTS provides software and in-lane hardware systems for toll and traffic solutions. With unique and patented technology, remote monitoring capabilities, new lane and camera configurations and system integration capabilities, UTS provides expanded hardware and software solutions for the toll industry.
The existing leadership teams of both businesses are expected to continue in place once the acquisitions are completed. The total investment for these transactions will be approximately $356 million. The company expects these two transactions will add more than $140 million to 2010 revenue with at least $38 million of EBITDA.
About Roper Industries
Roper Industries is a market-driven, diversified growth company and is a component of the Fortune 1000, S&P Midcap 400 and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications. Additional information about Roper Industries is available on the Company's website at http://www.roperind.com/.
The information provided in this press release contains forward looking statements within the meaning of the federal securities laws. These forward looking statements include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth and profit expectations. Forward looking statements may be indicated by words or phrases such as "anticipate," "estimate," "plans," "expects," "projects," "should," "will," "believes" or "intends" and similar words and phrases. These statements reflect management's current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward looking statement. Such risks and uncertainties include our ability to integrate our acquisitions and realize expected synergies. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions, unfavorable changes in foreign exchange rates, difficulties associated with exports, risks associated with our international operations, difficulties in making and integrating acquisitions, risks associated with newly acquired businesses, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, environmental compliance costs and liabilities, risks and cost associated with asbestos related litigation and potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
Roper Industries, Inc.
CONTACT: Investor Relations, Roper Industries, Inc., +1-941-556-2601, investor-relations@roperind.com
Web Site: http://www.roperind.com/
Alliance One Announces Arrangements for Fiscal Year 2010 2nd Quarter Financial Results Investor Call
MORRISVILLE, N.C., Nov. 6 /PRNewswire-FirstCall/ -- Alliance One International, Inc. today announced that it will hold a conference call to report financial results for its fiscal quarter ended September 30, 2009, on November 9, 2009 at 5:00 P.M. ET. Those seeking to listen to the call may access a live broadcast on the Alliance One website. Please visit http://www.aointl.com/ fifteen minutes in advance to register.
For those who are unable to listen to the live event, a replay will be available by telephone from 8:00 P.M. ET Monday, November 9th through 8:00 P.M. ET Saturday, November 14th. To access the replay, dial (888) 203-1112 within the U.S., or (719) 457-0820 outside the U.S., and enter access code 4924617. Any replay, rebroadcast, transcript or other reproduction of this conference call, other than the replay accessible by calling the number above, has not been authorized by Alliance One and is strictly prohibited. Investors should be aware that any unauthorized reproduction of this conference call may not be an accurate reflection of its contents.
Alliance One International is a leading independent leaf tobacco merchant serving the world's large multinational cigarette manufacturers. For more information on Alliance One, visit the Company's website at http://www.aointl.com/.
Alliance One International, Inc.
CONTACT: Joel L. Thomas of Alliance One International, Inc., +1-919-379-4300
Web Site: http://www.aointl.com/
Equifax Board of Directors Declares Quarterly Dividend
ATLANTA, Nov. 6 /PRNewswire-FirstCall/ -- Equifax Inc. today announced that the Equifax Board of Directors declared a quarterly dividend of $0.04 per share, payable on December 15, 2009, to shareholders of record as of the close of business on November 24, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO )
Equifax has paid cash dividends for 96 consecutive years.
About Equifax (http://www.equifax.com/)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
With a strong heritage of innovation and leadership, Equifax continuously delivers innovative solutions with the highest integrity and reliability. Businesses - large and small - rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500® Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.
Photo: http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Equifax Inc.
CONTACT: Jeff Dodge, Investor Relations, +1-404-885-8300, jeff.dodge@equifax.com, Tim Klein, Media Relations, +1-404-885-8555, tim.klein@equifax.com
Web Site: http://www.equifax.com/
Pennsylvania American Water Rate Case Settlement Includes Increased Funding for Low-Income Assistance Program
HERSHEY, Pa., Nov. 6 /PRNewswire/ -- As part of the rate case settlement approved today by the Pennsylvania Public Utility Commission (PUC), Pennsylvania American Water will contribute an additional $100,000 annually to assist low-income customers who qualify for its H2O Help to Others Program(TM).
The H2O Help to Others Program(TM) is funded through a company match of customer and employee donations. Under the settlement approved today, the company match will increase from $150,000 to up to $250,000 per year. The program offers assistance for qualified customers in the form of grants of up to $500 per year, discounts on the monthly service fee and water-saving devices and education.
"We believe this is a fair and equitable settlement that balances our customers' interests with the company's need to recover costs associated with our millions of dollars in capital investments and increased operating expenses," said Pennsylvania American Water President Kathy L. Pape. "We commend the Office of Consumer Advocate and the other parties who worked with us to resolve the case, and we are pleased that the Commission has accepted the settlement."
The typical monthly residential water bill for Pennsylvania American Water customers using 4,200 gallons per month will increase by $3.16 to $46.14 per month, keeping the cost of tap water for most households at approximately one penny per gallon. The settlement grants an increase of approximately $30.75 million in annual revenue. The company had filed the rate request with the PUC on April 24, 2009, seeking an annual revenue increase of approximately $58 million.
Pennsylvania American Water, a wholly-owned subsidiary of American Water , is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to more than 2 million people. Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada. More information can be found by visiting http://www.amwater.com/.
Pennsylvania American Water
CONTACT: Terry M. Maenza of Pennsylvania American Water, +1-610-670-7789, ext. 123, Mobile: +1-610-849-6484, terry.maenza@amwater.com
Web Site: http://www.amwater.com/
A Powerful New Storm Available Now on Verizon Wireless' NetworkNew Operating System for Existing BlackBerry Storm Customers
LITTLE ROCK, Ark., Nov. 6 /PRNewswire/ -- Verizon Wireless and Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM) recently announced that the BlackBerry® Storm2(TM) smartphone is available NOW in Verizon Wireless Communications stores, online at http://www.verizonwireless.com/, and through business sales channels. The BlackBerry Storm2 with BlackBerry® OS 5.0 evolves the BlackBerry® touchscreen platform with hundreds of hardware and software enhancements - including new SurePress(TM) "clickable" display technology and built-in Wi-Fi® - delivering the exceptional multimedia experience and communications capabilities customers have come to expect from their BlackBerry smartphones.
Key Features:
-- Smooth design and premium finish with sloped edges, chrome accents,
glass lens and stainless steel backplate
-- Large (3.25"), dazzling high-resolution 480 x 360 display at 184 ppi
-- Capacitive touchscreen with integrated functions (Send, End, Menu,
Escape) and new SurePress technology that makes clicking the display
practically effortless
-- 3G and global connectivity support for making phone calls in more than
220 countries and accessing data in more than 185 countries (with more
than 80 destinations in 3G)
-- Network Connectivity: EV-DO Revision A; UMTS/HSPA (2100 MHz); and
quad-band EDGE/GPRS/GSM networks
-- Supports Wi-Fi (802.11 b/g)
-- 256 MB of Flash memory
-- 2 GB of onboard media storage and a microSD(TM)/SDHD memory card slot
with a 16 GB card included
Software Updates on BlackBerry Storm2:
-- Features BlackBerry OS 5.0, which includes typing accuracy and
selection improvements, as well as usability and visual enhancements
such as inertial scrolling, spin boxes that make it easier to set
dates and times, gradient shading on buttons, and more use of
animation
-- BlackBerry® Browser is improved with faster JavaScript and CSS
processing as well as support for Gears and BlackBerry Widgets
-- Customers running BlackBerry® Enterprise Server 5.0 will gain the
ability to set follow-up flags, manage e-mail folders, access remote
files (Windows Shares), forward appointments, view calendar
attachments, and more
Additional Features and Specifications:
-- 3.2 megapixel camera with autofocus, Image Stabilization (IS), flash
and video recording capabilities
-- Premium and easy-to-access phone features, background noise
suppression technology, loud distortion-free speakerphone and face
detection (proximity sensor) that prevents accidental clicks and
blanks the screen while the customer is on the phone
-- Media player for videos, pictures and music, plus support for
BlackBerry Desktop Manager for both PCs and Macs, and BlackBerry®
Media Sync, for easily syncing Windows Media® Player music with the
smartphone*
-- 3.5 mm stereo headset jack and dedicated volume controls
-- Bluetooth® (v2.1) capable with support for Secure Simple Pairing,
hands-free headsets, stereo headsets, car kits and other Bluetooth
peripherals
-- Built-in GPS for maps and other location-based applications, as well
as photo geotagging; and Verizon Wireless' VZ Navigator(SM) service is
pre-loaded
-- V CAST Music with Rhapsody
-- Access to BlackBerry App World(TM), featuring a broad and growing
catalog of third-party mobile applications developed specifically for
BlackBerry smartphones, with categories including games,
entertainment, IM and social networking, news, weather, productivity
and more
-- Support for Verizon Wireless' Mobile Broadband Connect tethering
service
-- Removable, rechargeable 1400 mAhr battery that provides up to 5.5
hours of talk time or up to 11.2 days of standby time
Pricing and Availability:
-- The BlackBerry Storm2 9550 smartphone is available beginning Oct. 28
for $179.99 after a $100 mail-in rebate with a new two-year customer
agreement on a voice plan with an Email and Web feature or an Email
and Web for BlackBerry plan. Customers will receive the mail-in
rebate in the form of a debit card; upon receipt, customers may use
the card as cash anywhere debit cards are accepted. Data plans for
the BlackBerry Storm2 smartphone begin at $29.99 when added to any
Nationwide voice plan.
New Operating System for Existing BlackBerry Storm Customers
-- Existing BlackBerry Storm customers will be able to update their
handsets to the new BlackBerry OS 5.0 software via Web software load
(http://www.blackberry.com/update), BlackBerry Desktop Manager, or from
Verizon Wireless' download site (http://www.verizonwireless.com/storm). The
software is available today.
-- For additional information on Verizon Wireless products and services,
visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or
go to http://www.verizonwireless.com/. Business customers can contact their
Business Sales Representatives at 1-800-VZW-4BIZ.
* Certain music files may not be supported, including files that contain digital rights management technologies.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving 87.7 million customers. Headquartered in Basking Ridge, N.J., with more than 87,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .
About Research In Motion
Research In Motion (RIM) is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld(TM) product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market and the Toronto Stock Exchange (TSX: RIM). For more information, visit http://www.rim.com/ or http://www.blackberry.com/.
Forward-looking statements in this news release are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used herein, words such as "intend" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions made by and information available to Research In Motion Limited. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, possible product defects and product liability, risks related to international sales and potential foreign currency exchange fluctuations, the initiation or outcome of litigation, acts or potential acts of terrorism, international conflicts, significant fluctuations of quarterly operating results, changes in Canadian and foreign laws and regulations, continued acceptance of RIM's products, increased levels of competition, technological changes and the successful development of new products, dependence on third-party networks to provide services, dependence on intellectual property rights, and other risks and factors detailed from time to time in RIM's periodic reports filed with the United States Securities and Exchange Commission, and other regulatory authorities. RIM has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM, Research In Motion and BlackBerry are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries. Wi-Fi is a registered trademark of the Wi-Fi Alliance. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. RIM assumes no obligations or liability and makes no representation, warranty, endorsement or guarantee in relation to any aspect of any third party products or services.
Verizon Wireless
CONTACT: MEDIA CONTACTS: Lucie Pathmann, Verizon Wireless, +1-501-905-5553, Lucie.pathmann@verizonwireless.com; Marisa Conway, Brodeur Partners (for RIM), +1-212-336-7509, mconway@brodeur.com; RIM Investor Relations, +1-519-888-7465, investor_relations@rim.com
Web Site: http://www.verizonwireless.com/
RINO International Corp. to Host Third Quarter 2009 Financial Results Conference Call and Webcast at 8:30 a.m. ET on Friday, November 13, 2009
DALIAN, China, Nov. 6 /PRNewswire-Asia-FirstCall/ -- RINO International Corp. , through its subsidiaries and controlled affiliates in the People's Republic of China (collectively, the "Company" or "RINO"), designs, manufactures, installs and services proprietary and patented wastewater treatment, desulphurization equipment, and high temperature anti- oxidation systems for iron and steel manufacturers in the People's Republic of China ("PRC"), today announced it will hold a conference call and webcast for its third quarter 2009 financial results at 8:30 a.m. ET on Friday, November 13, 2009. To attend the call, please use the dial information below. When prompted, ask for the "RINO International Call" and/or be prepared to provide the conference ID.
Date: November 13, 2009
Time: 8:30 a.m. ET
Conference Line Dial-In (U.S.): 1-877-941-8416
International Dial-In: 1-480-629-9808
Conference ID: 4182665
Webcast link: http://viavid.net/dce.aspx?sid=00006CFF
A replay will be available through November 20, 2009. To utilize this feature, please call 1-800-406-7325 within the United States or 1-303-590-3030 when calling internationally, and enter the pass code 4182665 when prompted.
This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=00006CFF or at ViaVid's website at http://www.viavid.net/ , where the webcast can be accessed through December 13, 2009.
About RINO International Corporation
RINO International Corporation, through its direct and indirect subsidiaries, Innomind Group Limited and Dalian Innomind Environment Engineering Co., Ltd., its contractually-controlled affiliate, Dalian RINO Environmental Engineering Science and Technology Co., Ltd. ("Dalian Rino") and Dalian Rino's wholly-owned subsidiaries, Dalian Rino Environmental Engineering Project Design Co., Ltd. and Dalian Rino Environmental Construction & Installation Project Co., Ltd., is a leading provider of environmental protection equipment for the iron and steel industry in China. Specifically, RINO designs, manufactures, installs and services proprietary and patented wastewater treatment, flue gas desulphurization equipment, and high temperature anti-oxidation systems, which are all designed to reduce either industrial pollution and/or improve energy utilization. RINO's manufacturing facility maintains the ISO 9001 Quality Management System and ISO 14001 Environment Management System certifications, in addition to receiving numerous government and industry awards. The company recently announced plans to commercialize its DWM Sludge Treatment System for municipal applications.
Additional information about the Company is available at the Company's website: http://www.rinogroup.com/ .
Cautionary Statement Regarding Forward-Looking Information
Certain statement in this press release may contain forward-looking information about the Company. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and statements which may include discussions of strategy, and statements about industry trends, future performance, operations, and products of each of the entities referenced above. Actual performance results may vary significantly from expectations and projections as a result of various factors, including, without limitation, the risks set forth as "Risk Factors" contained in the Company's Annual Reports on Form 10-K, Quarterly Reports or on Form 10-Q.
For more information, please contact:
For the Company:
Jenny Liu
Tel: +86-411-8766-2700
Email: jennyliu@rinogroup.com
Investors:
Matt Hayden
HC International, Inc.
Tel: +1-561-245-5155
Email: matt.hayden@hcinternational.net
RINO International Corp.
CONTACT: Jenny Liu, Chief Financial Officer of RINO International Corp., +86-411-8766-2700, jennyliu@rinogroup.com; or Investors, Matt Hayden, +1-561-245-5155, matt.hayden@hcinternational.net
Web site: http://www.rinogroup.com/ http://viavid.net/dce.aspx?sid=00006CFF
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