Stock Trading - Southern Home Medical Signs Letter of Intent to Purchase Apnea RX, Inc.
Monday, January 1st, 2007Southern Home Medical Signs Letter of Intent to Purchase Apnea RX, Inc.
SPARTANBURG, S.C., Dec. 28, 2006 (PRIME NEWSWIRE) — Southern Home Medical Equipment, Inc. (Pink Sheets:SHMM) announced today the signing of a letter of intent to purchase Apnea RX, Inc. Apnea RX in a durable medical equipment company located in Clemson, S.C. Apnea RX focuses primarily on the sleep market with a secondary focus on respiratory. Based on revenues currently being generated, Apnea RX is projected to finish 2007 with approximate revenues of $600,000.00. Greg Tucker, President of Southern Home Medical stated,"We look forward to the Apnea RX team joining us. The sleep market is an interesting segment of the industry. Eighty to 90 percent of adults with clinically significant sleep disordered breathing remain undiagnosed. Apnea RX is poised to play a significant role in helping those with sleep related issues."
NASDAQ to Honor President Gerald Ford With MarketSite Tower Broadcast
NEW YORK, Dec. 29, 2006 (PRIME NEWSWIRE) — In memory of President Gerald Ford, The NASDAQ Stock Market, Inc. ("NASDAQ(r)") (Nasdaq:NDAQ) will broadcast President Ford's Funeral Service on the NASDAQ MarketSite Tower between 9:00 a.m. - 10:00 a.m. on Tuesday, January 2, 2007. In addition, The NASDAQ will be closed in accordance with our country's national day of mourning.
NASDAQ to Close On Tuesday, January 2, 2007 in Remembrance of President Gerald Ford
NEW YORK, Dec. 28, 2006 (PRIME NEWSWIRE) — In memory of President Gerald Ford and in accordance with our country's national day of mourning The Nasdaq Stock Market, Inc. ("NASDAQ(r)") (Nasdaq:NDAQ) will be closed on Tuesday, January 2, 2007.
Dr. Floyd Horn Named Chairman of Produce Safety and Security International Scientific Advisory Board
WASHINGTON, Dec. 28, 2006 (PRIME NEWSWIRE) — Distinguished food safety and agricultural security research expert and former Administrator of the Department of Agriculture's principal internal research arm, the Agricultural Research Service, Dr. Floyd P. Horn, has been named as Chairman of the Scientific Advisory Board for Produce Safety and Security International, Inc. (PSI) (Pink Sheets:PDSC) — a leading food safety and sanitation technology company.
SoftNet Technology Reviews Exceptional 2006, Optimism for 2007
ISELIN, N.J., Dec. 28, 2006 (PRIME NEWSWIRE) — SoftNet Technology Corp. (OTCBB:STTC) (German WKN:A0B7RZ). SoftNet Technology has completed a major transition and is nearing the end of an exceptional year. While the final results are not available for the 2006, it has been an exceptional year in terms of expansion of operations and strategic positioning for the Company providing for an increased level of stability heading into 2007.
Component Changes Made to Dow Jones Telecommunication Titans 30 Index
NEW YORK, Dec. 29, 2006 (PRIME NEWSWIRE) — Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones Telecommunication Titans 30 Index.
Collins Group Expands Alabama Portfolio With $155M Colonial Properties Buy
BROOKLYN, New York, Dec. 29, 2006 (PRIME NEWSWIRE) — Ari Parnes, Managing Director of Collins Group LLC, announced this week the Group's acquisition of three Alabama communities from Colonial Properties Trust (NYSE:CLP). The 2,284-unit Colonial Properties Portfolio in Birmingham and Huntsville was a boon of some $155 million. GE Capital (NYSE:GE) provided financing. New Jersey-based Lightstone Group participated as a joint venture investor.
TASER International Receives Three Significant International Orders for TASER Devices and Accessories
SCOTTSDALE, Ariz., Dec. 28, 2006 (PRIME NEWSWIRE) — TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices announced today that it received three significant international orders for TASER(r) X26 devices plus accessories totaling over $2,300,000.
Lucy's Cafe, Inc. Acquires InterMetro Communications, Inc.
SIMI VALLEY, Calif., Dec. 29, 2006 (PRIME NEWSWIRE) — Lucy's Cafe, Inc. (OTCBB:LCYC) announced today the acquisition of InterMetro Communications, Inc., through an exchange of stock (reverse merger) with the shareholders of InterMetro Communications, Inc. Concurrently with the closing of the reverse merger, Lucy's Cafe, Inc. (the"Company") raised $10,235,000 million in gross proceeds from institutional investors in a private placement of common stock. The purchase price per share of common stock was $1.00. Hunter World Markets, Inc. of Beverly Hills, Calif., acted as the Company's sole placement agent.
Globix Appoints New Chief Executive Officer
NEW YORK, Dec. 29, 2006 (PRIME NEWSWIRE) — Globix Corporation (AMEX:GEX), a provider of advanced optical networking solutions and services to carriers and large enterprise customers in the Northeast and mid-Atlantic regions, announced today that Kurt Van Wagenen has been promoted to Chief Executive Officer of the Company effective January 1, 2007. In his new role, Mr. Van Wagenen will retain his responsibilities as President and Chief Operating Officer.
Stone Arcade Stockholders Approve Acquisition of the Kraft Papers Business, a Division of International Paper Company
NORTHFIELD, Ill., Dec. 29, 2006 (PRIME NEWSWIRE) — Stone Arcade Acquisition Corporation (OTCBB:SCDE) announced today that at a special meeting held today its stockholders approved the Company's previously-announced proposed acquisition of the Kraft Papers Business ("KPB"), a division of International Paper Company. Of the 23,661,853 votes cast at the meeting (representing 94.6% of the Company's total outstanding shares), 99.8% voted in favor of the acquisition of KPB. Holders of 40,000 shares issued in the Company's initial public offering voted against the acquisition and elected to have such shares redeemed into a pro rata portion of the IPO trust account. As previously announced, Stone and International Paper Company extended the termination date of the acquisition until January 5, 2007. Accordingly, it is expected that the Company will close on the acquisition of KPB in the next several days.
Metso Completes the Acquisition of Aker Kvaerner's Pulping and Power Businesses
HELSINKI, Finland, Dec. 29, 2006 (PRIME NEWSWIRE) — Metso Corporation has completed the acquisition of Aker Kvaerner's Pulping and Power businesses. The businesses were transferred to Metso on December 29, 2006. The European Commission clearance for the acquisition was received on December 12, 2006.
WorldWater&Power Corp&ENTECH, Inc. Announce Extension for Closing of Acquisition
PENNINGTON, N.J., Dec. 29, 2006 (PRIME NEWSWIRE) — WorldWater&Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-horsepower solar systems, and ENTECH, Inc., developer and manufacturer of advanced solar concentrating technology for terrestrial and space applications, announce that the companies signed an extension of the Letter of Intent to acquire ENTECH beyond the earlier announced date of December 27, 2006. The companies anticipate the closing before the end of January.
Markets in the U.S. are Closed On January 2, 2007
NEW YORK, Dec. 29, 2006 (PRIME NEWSWIRE) — Please be advised that due to the closing of U.S. exchanges in remembrance of former President of the United States, Gerald R. Ford, some of our indexes will not be calculated and disseminated.