Sprint Settles Patent Infringment Dispute With tglo.com (Formerly Voiceglo) and theglobe.com
FORT LAUDERDALE, Fla., Aug. 31, 2006 (PRIMEZONE) — Sprint Nextel Corp. (NYSE:S), tglo.com, inc. (formerly known as Voiceglo Holdings, Inc.) and theglobe.com, inc. (OTCBB:TGLO) announced today that they have resolved their pending patent infringement lawsuit by settlement. In October 2005, Sprint Communications Company filed a lawsuit against Voiceglo Holdings (now tglo.com, inc.) and theglobe.com, alleging that the providers of Voice over Internet Protocol (VoIP) telephone services and equipment infringed seven patents owned by Sprint. As part of the settlement, Voiceglo and theglobe.com have entered into a non-exclusive license under Sprint's patents. The remaining terms of the settlement are confidential.
Duckwall-ALCO Stores Reports August Sales Increase of 10.6 Percent
ABILENE, Kan., Aug. 31, 2006 (PRIMEZONE) — Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that its sales from continuing operations for the four weeks ended August 27, 2006 (fiscal month of August) increased approximately 10.6% to $34.6 million compared to $31.3 million in the prior-year month, and same-store sales increased 6.6%.
Blyth, Inc. Reports 2nd Quarter Sales and Earnings
GREENWICH, Conn., Aug. 31, 2006 (PRIMEZONE) — Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today reported that Net Sales for the second quarter ended July 31, 2006 increased approximately 2% to $262.6 million compared with $256.3 million a year earlier. International sales represented 27% of total sales in the second quarter this year versus 23% last year, reflecting strong growth in PartyLite's international markets.
Oneida Reorganization Plan is Confirmed
ONEIDA, N.Y., Aug. 31, 2006 (PRIMEZONE) — Oneida Ltd. (Pink Sheets:ONEI) today announced that its prenegotiated plan of reorganization was confirmed by the U.S. Bankruptcy Court for the Southern District of New York, setting the stage for Oneida's emergence from Chapter 11 as a privately-held company. The Plan will significantly reduce the company's debt and open the way for renewed investment and growth. The company is expected to emerge from Chapter 11 on or about September 12, 2006.
Palmer Appointed Group President of Communications and Collaboration at SYSCO Corporation
HOUSTON, Aug. 31, 2006 (PRIMEZONE) — SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, announced today that Mark A. Palmer has been named group president, communications and collaboration. In this position, Mr. Palmer will be responsible for continuing to develop the strategy framework for improving communications across the organization, including SYSCO's business partners, customers, suppliers, associates, shareholders and local communities.
Seadrill Reports Second Quarter 2006 Results
HAMILTON, Bermuda, Aug. 31, 2006 (PRIMEZONE) –
360 Global Wine Company and Viansa Winery Appoint Ron Goss to Top Winemaking Position
SONOMA, Calif., Aug. 31, 2006 (PRIMEZONE) — 360 Global Wine Company (OTCBB:TSIX), whose mission is to produce and deliver premium wine, gourmet food and exquisite events that center on the authentic wine country lifestyle, and its wholly owned Viansa Winery and Italian Marketplace, have appointed Ron Goss, a talented enologist and winemaker, as Director of Winemaking.
ATA Airlines Announces the Appointment of Gary Ellmer as Senior Vice President-Operations and General Manager-Charter
INDIANAPOLIS, Aug. 31, 2006 (PRIMEZONE) — ATA Airlines announced that Gary Ellmer has been named as ATA's Senior Vice President-Operations and General Manager-Charter. In his role, Ellmer will be responsible for flight and technical operations as well as ATA's charter business, which represents approximately one half of ATA's revenues. He will report to the Chief Operating Officer.
Identifying AuGRID's Path to Revenue
VINELAND, N.J., Aug. 31, 2006 (PRIMEZONE) — The AuGRID/Primergy Hong Kong collaboration has identified two entities for targets of acquisition; Primergy has started negotiations on behalf of AuGRID. In total there are three such companies of interest: two in China, and one local. Management's encouragement arises from possibilities due to an asset, revenue and profit change if acquired, that could result in qualification for placement on a different exchange. The corporation's acquisition targets in question gross no less than $2.5 million per fiscal annum minimum."We look forward to updating you with a progress report soon,"states M.J. Shaheed, who will be visiting one of the acquisition targets within the next two weeks to review fiscal data that will be prepared for the accounting and PCAOB certification process. The remaining companies of interest are in China, which Primergy is working the preliminaries on the accounting and regulation compliance for the U.S. markets.
Smith and Merritt Institute's Abundance: Spending Your Way to Wealth Financial Program Nominated for Best Product of the Year
SALT LAKE CITY, Aug. 31, 2006 (PRIMEZONE) — Smith and Merritt Institute, a leader in providing affordable unbiased financial education and financial strategies focused on solid wealth building, debt elimination, asset protection and estate planning strategies, announced today that their financial manual and software program; Abundance: Spending Your Way to Wealth, has been nominated by the Electronic Retailing Association for Best Product of the Year.
Component Changes Made to Dow Jones U.K. Titans 50, Dow Jones EPAC Select Dividend and Dow Jones Chemical Titans 30 Indexes
NEW YORK, Aug. 31, 2006 (PRIMEZONE) — Dow Jones Indexes, a leading global index provider, today announced changes in the composition of the Dow Jones U.K. Titans 50 Index, Dow Jones EPAC Select Dividend Index and the Dow Jones Chemical Titans 30 Index.
Shanghai-Chenming Paper Machinery Transferred to Metso as of August 31, 2006
HELSINKI, Finland, Aug. 31, 2006 (PRIMEZONE) — Metso Paper has received relevant regulatory approvals from the Chinese authorities for the acquisition of Shanghai-Chenming Paper Machinery Co. Ltd, a manufacturer of paper and board machines, agreed in February 2006. The entire share capital of the company was transferred to Metso as of August 31, 2006. The debt-free purchase price and the investments related to the development of the unit total about EUR 35 million. The company was previously owned by Shandong Chenming and Shanghai Heavy Machinery.
