Crystal Research Associates, LLC Issues Executive Informational Overview (EIO) on XOMA Ltd.
NEW YORK, June 28, 2006 (PRIMEZONE) — Crystal Research Associates, LLC announced today that it has issued an Executive Informational Overview(r) (EIO(r) on Berkeley, CA-based XOMA Ltd. (Nasdaq:XOMA). The full 72-page report can be found at www.crystalra.com and www.xoma.com.
Advanced Medical Isotope Corporation Appoints Chairman of Scientific Advisory Board
KENNEWICK, Wash., June 28, 2006 (PRIMEZONE) — Robert E. Schenter, Ph.D., has accepted the chairmanship of the Scientific Advisory Board for Advanced Medical Isotope Corporation (Pink Sheets:ADMD). Dr. Schenter has over 25 years'experience in the area of radioisotope production for applications in the treatment and diagnosis of major diseases, such as cancer, heart disease, and arthritis. With more than 35 years'experience in the use and production of nuclear data as applied to fission reactor systems, Dr. Schenter brings a legacy of successful application to nuclear technology projects. Dr. Schenter has been the site manager for production of medical isotopes at Westinghouse Hanford and at The Department of Energy's Pacific Northwest National Laboratory.
SYSCO Appoints Chairmen at Specialty Meat Companies
HOUSTON, June 28, 2006 (PRIMEZONE) — SYSCO Corporation (NYSE:SYY) announced today that Timothy K. Hussman has been named chairman of Desert Meats in Las Vegas, Nevada and Ronald G. Boatwright has been named chairman of Buckhead Beef of Florida (Auburndale, FL) and Royalty Foods (Orlando, FL) effective July 2, 2006, the beginning of SYSCO's fiscal year 2007. All of the companies are subsidiaries of SYSCO Corporation.
Peter Jensen Joins Margolin&Associates, Inc. as Senior Analyst
CLEVELAND HEIGHTS, Ohio, June 28, 2006 (PRIMEZONE) — Margolin&Associates, Inc. today announced that Peter J. Jensen, Jr., CFA, has joined the firm as senior analyst. Jensen will assist with the development and execution of strategic investor relations programs to support the firm's small- and mid-cap banking clients, helping to position these companies with investors, security analysts and other stakeholders. In this capacity, Jensen will draw upon his extensive background in investor relations, media relations and corporate communications.
Riverview Bancorp Announces its Inclusion in the Nasdaq Global Select Market
VANCOUVER, Wash., June 28, 2006 (PRIMEZONE) — Riverview Bancorp, Inc. (Nasdaq:RVSB) today announced that it is included in the new NASDAQ Global Select Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to the change, the company had been listed on the NASDAQ National Market.
IHS Inc. Reports Second Quarter 2006 Results
ENGLEWOOD, Colo., June 28, 2006 (PRIMEZONE) — IHS Inc. (NYSE:IHS), one of the leading global providers of critical technical information, decision-support tools and related services, today reported results for the second quarter ended May 31, 2006. Revenue for the second quarter of 2006 totaled $132.9 million, representing a 15 percent increase over second quarter 2005 revenue of $115.1 million. Net income for the second quarter of 2006 increased 50 percent to $12.9 million, or $0.23 per diluted share, compared to second quarter 2005 net income of $8.6 million, or $0.15 per diluted share.
Survey Shows Pharmacists Believe Distinctive Tablet Appearance Reduces Dispensing and Patient Medication Errors
WEST POINT, Pa., June 28, 2006 (PRIMEZONE) — Difficulty in identifying tablets leads to patient and caregiver mistakes in administering the right medication and is a leading cause of pharmacy dispensing errors, according to a recent nationwide survey of 150 pharmacists. At the same time, pharmacists believe that tablets with a distinct color and shape and any identifying imprint will reduce medication errors, a significant health problem.
Hana Biosciences, Inc. (HNAB) President and CEO to Ring The NASDAQ Stock Market Closing Bell
MEDIA ADVISORY, June 28, 2006 (PRIMEZONE) –
Overseas Shipholding Group Announces Vessel Sales and New Charter-In Commitments
NEW YORK, June 28, 2006 (PRIMEZONE) — Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, today announced that it has agreed to sell two of its oldest Aframaxes (the 1993-built Overseas Keymar and the 1994-built Pacific Sapphire) and one of its oldest VLCCs (the 1996-built Majestic Unity) for net proceeds of approximately $168 million. The proceeds will be used to fund the recently announced newbuild program of four Aframax tankers that are being built at the New Times Shipbuilding Co., Ltd. shipyard in Jinjiang, China. The new 114,000 dwt 44-meter beam Aframaxes are larger, faster and have a lower daily operating cost than the older vessels sold. The closings of the sales of these vessels are subject to the satisfaction of standard vessel sale closing conditions. Delivery of the tankers to their new owners is expected to occur between the middle of July 2006 and the middle of August 2006. OSG expects to realize a net gain of approximately $40 million from these sales.
Clean Power Technologies Inc. Moves to Finalize Agreement and Plan of Merger
CALGARY, Alberta, June 28, 2006 (PRIMEZONE) — Clean Power Technologies Inc. (OTCBB:CPWE) announces the completion of a forward split of the company's shares on the basis of four new shares for every one share issued and the change of name from Sphere of Language to Clean Power Technologies Inc.
Pacific CMA Subsidiary Signs Agreement with Large Italian Freight Forwarder
JAMAICA, N.Y., June 28, 2006 (PRIMEZONE) — Pacific CMA, Inc. (AMEX:PAM), an integrated provider of global freight forwarding/logistics focused on the growing China and Asian trade, today announced that its Hong Kong operating unit, AGI Logistics (HK) Ltd., has entered into a services and marketing agreement with Sifte Berti, one of Italy's largest privately owned freight forwarders and logistics providers. Under the agreement, AGI will service freight movements and logistics requirements for Asian exports to Italy (particularly from China and Hong Kong) as well as for Italian imports to Asia. Over the past four months, the trade alone between Hong Kong and Italy has amounted to US$6.8 billion. In addition, the two companies will cross sell each others products in their respective territories.
