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Fri, 30 Mar 2007 18:08:00
Measurement Specialties, Inc. , a designer and manufacturer of sensors and sensor-based systems, announced today that it has begun construction of its new Asia- Pacific headquarters in Shenzhen, China. Once complete, the 220,000 square foot facility will be home to nearly 1,600 Company employees engaging in development engineering and manufacturing in support of both regional and worldwide sales.
Fri, 30 Mar 2007 18:12:00
Fri, 30 Mar 2007 18:31:00
Fit For BusinessInternational Inc. (OTCBB: FFBU) announces the official release of thepatented Foot Fridge innersole to the Australian market. The productlaunch, on April 2nd, 2007, will be celebrated at the Fit For Business(FFB) corporate offices in Brisbane, Australia. The event will be attendedby FFB account executives, corporate clients, and various media companies.
Fri, 30 Mar 2007 18:39:00
Fri, 30 Mar 2007 18:48:00
MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of business support systems (BSS)for comprehensive telecommunication management and customer care & billing (CC&B) solutions, today announced that it has filed its annual report with audited financial statements with the SEC reflecting revenues for the year ended December 31, 2006 of $10.5 million and a net loss of $2.25 million compared to revenues of $11 million and a net loss of $1.5 million as preliminarily reported in a press release on February 7, 2007.
Fri, 30 Mar 2007 18:50:00
CellStar Corporation (OTC Pink Sheets: CLST) today announced that the Company has completed the sale of its U.S. and Miami-based Latin American operations to wholly-owned subsidiaries of Brightpoint, Inc. Substantially all of the assets of the U.S. and Miami operations were sold for a purchase price of $88.0 million which was reduced, pursuant to the terms of the purchase agreement, to $62.4 million based on a preliminary estimate of net asset adjustments. The purchase price is subject to further adjustments as the net asset adjustments and other matters set forth in the definitive agreement are finalized. In conjunction with the closing, the Company paid in full amounts owed under its loan agreements with Wells Fargo Foothill and CapitalSource Finance.
Fri, 30 Mar 2007 19:00:00
Foreword Financial invites you to join financial reporting and data processing experts in a webcast panel on Extensible Business Reporting Language (XBRL), a new standard in how business information is created, processed and analyzed that will change the way securities operations professionals do business.
Fri, 30 Mar 2007 19:06:00
Spare Backup, Inc. (BULLETIN BOARD: SPBU) announced today that it has bought back 1 million shares of common stock from Robinson Reed at $1.25 per share. The purchase was made pursuant to a put option exercised by Robinson Reed whereby Spare had the option of repurchasing the stock or issuing $1 million worth of shares at $0.30. Additionally, Spare issued 2 million warrants to purchase its common stock at $1.25 to DSG as part of their previously announced marketing and sales agreement.
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