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Business News on February 24, 2012

Apple CEO says 'company has more money than it needs'
Apple CEO Tim Cook has acknowledged that the tech giant has more money 'than it knows what to do with'. ANI

Income tax officials ask Kingfisher to pay outstanding dues within 8 months
Private carrier Kingfisher Airlines has been asked to pay the balance of its outstanding tax dues within the next eight months after being told to pay an upfront amount of Rs.35 to Rs.40 crores. ANI

Shanghai court gives Apple interim relief by rejecting Chinese tech firm's request to stop iPad sales
A Shanghai court has rejected an appeal from a Chinese tech firm to ban sales of Apple's widely popular iPad in the city. ANI

Marathon Petroleum Corporation Urges Shareholders to Reject Tender Offer by TRC Capital Corporation
Marathon Petroleum Corporation (NYSE: MPC) has received notification of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,000,000 shares (approximately 0.58 percent) of MPC's outstanding common stock at a price of $41.50 per share. The offer price was 4.47 percent below the closing price on February 17, 2012, the day prior to the offer ACN Newswire

Mitsubishi Motors' i-MiEV Chosen as Canada's Most Fuel Efficient Subcompact Vehicle
Mitsubishi Motors Corporation's (MMC) 100% electric-powered zero-emission i-MiEV was officially recognized yet again for its fuel efficiency in another country, this time Canada. The i-MiEV was chosen by Canada's Ministry of Natural Resources (NRCan), as the most fuel-efficient vehicle in the subcompact class ACN Newswire

MHI's Low-speed Marine Diesel Engine Joint Venture in China Marks Cumulative Production of 1 Million Horsepower
Qingdao Qiyao Wartsila MHI Linshan Marine Diesel Company Ltd. (QMD), a company jointly established by Mitsubishi Heavy Industries, Ltd. (MHI) to which MHI licenses its marine diesel technology, has marked a cumulative 1 million brake horsepower (bhp) in the production of two-stroke low-speed marine diesel engines ACN Newswire

Sharp Develops and Will Introduce Modules for Digital Signage Players
Sharp Corporation has developed the LR0G951 and LR0G952 modules for digital signage players that do not have a PC unit to display digital signage content. These new modules, which integrate the main features of a digital signage player on one main circuit board, will allow manufacturers to develop and commercialize standalone devices in the shortest time possible ACN Newswire

Mazda Production and Sales Results for January 2012 (Flash Report)
Mazda Motor Corporation's production and sales results for January 2012 are summarized below.I. Production Jan. 2012 Breakdown Units YoY Change (%)DOMESTIC Passenger Cars 68,487 +1.2PRODUCTION Commercial Vehicles 1,023 -10.3 Total 69,510 +1.0OVERSEAS Passenger Cars 24,140 -26.6PRODUCTION Commercial Vehicles 2,968 -35.6 Total 27,108 -27.7GLOBAL Passenger Cars 92,627 -7 ACN Newswire

El Dorado County Court Issues Tentative Ruling on $30 Million Judgment
The El Dorado County Superior Court issued a tentative ruling this week that would prevent Sharp Image Gaming, Inc. from collecting on its $30 million judgment against the Shingle Springs Band of Miwok Indians (Tribe) while it appeals the judgment to a higher court. MarketWire

Update: SMART Storage Systems Expands Relationship With Avnet Electronics Marketing
SMART Storage Systems, an innovative and rapidly emerging SSD technology provider, and Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT) and a global distributor of electronic components, enterprise computing and storage products, and embedded systems, today announced that they have expanded their global distribution relationship MarketWire

Catholic Education Foundation Hosts Check Presentation With Archbishop Jose H. Gomez Symbolizing $9.2 Million in Tuition Assistance Awarded to Los Angeles Students in 2011-12
Archbishop José H. Gomez, Chairman of the Catholic Education Foundation's Board of Trustees, presented a symbolic check to Santa Teresita School principal Sister Mary Catherine Antczak to celebrate CEF's funding of 8,400 student tuition awards with $9.2 million for the 2011-12 school year. The check was presented on Friday, Feb. 24, at 10 a.m MarketWire

1st-Air.Net Reports Fare Cuts Despite Equity Market Rally
Despite a two month equity market rally, airlines have initiated widespread fare sales targeting premium cabin passengers. This move is unusual, as business and first class fares have historically been correlated to the equity markets performance. When equity markets rise, so do business class fares. When equity markets bottom, as they did in 2009, premium cabin fares also bottom. 1st-Air MarketWire

Susan Samueli, PhD of the Susan Samueli Center for Integrative Medicine UC Irvine to Headline A2Z Health Expo in Los Angeles, March 22, 2012
A2Z Health Expo today announced it will hold its 5th annual Health Expo at the Skirball Cultural Center in Los Angeles, CA on Thursday, March 22, 2012 from 4pm to 10pm. According to Dr. Ben Drillings, Director, the keynote speaker for the event will be the co-founder of the Samueli Foundation, Susan Samueli, PhD. Mrs MarketWire Introduces LinkedIn Certification and Social Media Links
Due to overwhelming requests from students, Aveta Business Solution's Six Sigma Online has introduced social media links on their website this week. The links can be found on both the main site pages and the Article Database for LinkedIn, Twitter, and Facebook. There are also plans to introduce a blog about relevant six sigma topics in the near future. MarketWire

Aston Marketing Group Holds Job Fair in Torrance
The Aston Marketing Group (AMG) of Torrance, California is holding a Job Fair on Wednesday, February 29th at 3:30PM. The company will conduct on-the-spot interviews and will hire as many as 30 new employees. This will be AMG's sixth Job Fair in a four month period. MarketWire

Glendale Resident Claims Arizona Lottery's Third $1 Million Powerball Second Prize
A Glendale resident has come forward to claim Arizona's third $1 million Powerball second prize from the drawing on February 22. MarketWire

NavStar Technologies, Inc. Looks Forward to New Revenue Opportunity as Machine-to-Machine Market Segments Become Reality
NavStar Technologies, Inc. (PINKSHEETS: NVSR), a company focused on producing and commercializing products and services for tracking/monitoring and reporting on the location and condition of high-value cargo and other assets, has identified another market segment for its unique wireless/GPS hardware and services platform. MarketWire

United Data Technologies (UDT) Golf Tournament Raises Thousands of Dollars for South Florida Children's Charity
United Data Technologies (UDT), a leading provider of high-performance technology solutions in the Southeast and Midwest, this month held its first-ever South Florida charity golf tournament for employees, customers and friends of the company. The event raised thousands of dollars for special needs children. MarketWire

Transocean Ltd. Announces Revision to Fourth Quarter 2011 Earnings Release and Conference Call Date
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) said it plans to report earnings for the three months and the full year ended December 31, 2011 before trading opens on the NYSE Monday, February 27, 2012. MarketWire

Star Bulk Announces the Sale of the Capesize Vessel Star Ypsilon and Settlement of the Claim With Deiulemar
Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK) today announced that the Company has entered into an agreement to sell the Star Ypsilon, a 150,940 dwt Capesize vessel, built 1991, to a third party for a contracted sale price of $9.12 million. The Company plans to deliver the vessel to the buyers within March 2012. MarketWire

MVU Upgrades Educators' Professional Development Portal
Michigan Virtual University® (MVU®) recently retooled the engine that powers Michigan's leading online portal for K-12 teachers called Michigan LearnPort®. Michigan teachers, school administrators and other school staff rely on the portal, in part, to earn continuing education units, take state compliance courses and satisfy other professional development needs. MarketWire

HHS Selects Challenge Winners for Facebook App
Three Facebook applications designed to help people prepare for emergencies and get support from friends and family in an emergency -- from personal medical emergencies or car accidents to natural or man-made disasters -- are winners of a Facebook application challenge sponsored by the U.S. Department of Health and Human Services' Office of the Assistant Secretary for Preparedness and Response. MarketWire

US Foods Supports Celebrity Chef Spike Mendelsohn at Annual Burger Bash
US Foods, one of the country's most innovative food companies and distributors, is supporting celebrity chef Spike Mendelsohn, of Good Stuff Eatery in Washington, D.C., in the 2012 Amstel Light Burger Bash at the Food Network South Beach Wine & Food Festival. The competition takes place today and pits Chef Spike against other talented grill masters. MarketWire

Intergraph(R) Discovery Tour Event in New Orleans on February 28th to Demonstrate Enhanced Modeling With CADWorx(R) Plant Professional
Intergraph has scheduled a Discovery Tour event on February 28, 2012 in New Orleans, Louisiana, USA, that will feature demonstrations of Intergraph CADWorx Plant Professional including methods that can increase performance by up to 30% on most projects MarketWire

Beach Boys New York Tickets for as Low as $53 at
The Beach Boys are celebrating their 50th anniversary with a tour that will reunite the surviving members of the band's classic lineup. Fans from upstate New York looking to attend also have a reason to celebrate, as Beach Boys tickets listed on the TicketNetwork Exchange are as low as $53 for the band's upstate concerts*. MarketWire

MegaFood Brings Dr. Andrew Weil's "Spontaneous Happiness" to Natural Products Expo West
Premium whole food dietary supplement brand, MegaFood, will host Dr. Andrew Weil at Natural Products Expo West with exclusive events surrounding the release of his New York Times bestseller, "Spontaneous Happiness." MarketWire

Con Edison to Spotlight Corporate Giving by Lighting Clock Tower Blue & Green
The iconic clock tower atop Con Edison's Manhattan headquarters will glow blue and green Monday in celebration of International Corporate Philanthropy Day. MarketWire

Swinerton Builders Government Breaks Ground on State-of-the-Art Facility at Nellis Air Force Base
The F-35 Flight Simulator project, which recently broke ground at Nellis Air Force Base in Nevada, celebrated this project milestone with an anything but ordinary ceremony. In lieu of the traditional gold painted shovel General Contractor Swinerton Builders Government provided a backhoe for the first dig to Brigadier General David J. Buck, Vice Commander USAF Warfare Center MarketWire

According to Protection Management, LLC; Hospitals Need to Plan for Active Shooters in the Workplace
According to Protection Management, LLC, what was once a safe and healing environment where no one would think that a violent act would occur is becoming more violent. There are a lot of discussions as to the cause, but while that is being debated hospitals need to take actions to reduce the threat and prevent a tragedy. MarketWire

John Aynsley Is First to Receive Accellera Systems Initiative Technical Excellence Award
DVCon -- Accellera Systems Initiative™ announced today that John Aynsley, a member of the IEEE 1666 SystemC™ Language Standard Working Group, is the first recipient of the Accellera Systems Initiative Technical Excellence Award MarketWire

Intersil Digital Power Module Wins Prestigious China ACE Award
Intersil Corporation (NASDAQ: ISIL) today announced it has won the product award for the 2012 China Annual Creativity in Electronics Awards, which honors technologies that provide significant design benefits to engineers and shape innovative electronic architecture in mainland China MarketWire

Roadrunner Transportation Systems Announces Acquisition of Capital Transportation Logistics
Roadrunner Transportation Systems, Inc. (NYSE: RRTS), a leading asset-light transportation and logistics services provider, announced today that it has acquired all of the outstanding capital stock of Capital Transportation Logistics ("CTL"), a provider of transportation management solutions ("TMS") located in Nashua, NH. The purchase price of $6 MarketWire

Talking Rock Ranch Post Third Consecutive Year of Positive Sales Figures
For its third consecutive year, Talking Rock Ranch has posted positive sales figures despite a rebounding real estate market. The 3,600-acre private home and golf community in Prescott closed 2011 with 35 total sales, 21 lots and 14 homes. MarketWire

MichBio to Visit Capitol Hill on Medical Device Industry Issues as Part of Coordinated National Advocacy Effort
MichBio, the biosciences industry association in Michigan, announced today that it will visit Capitol Hill next week alongside other state bioscience and med-tech associations. On the agenda will be a number of significant medical technology industry-related issues such as the medical device tax, FDA user fees and others. MarketWire

Spenco Debuts Spring 2012 Footwear Line
Spenco Medical Corporation launched its spring 2012 footwear line. For the first time ever, Spenco unveiled a full shoe, the Total Support™ Siesta. The Siesta features the Total Support™ footbed contour -- a biomechanically accurate shape that promotes foot alignment, offers motion control and Full-Contact Comfort™ MarketWire

Summer Infant, Inc. Announces Fourth Quarter and Fiscal 2011 Year-End Conference Call
Summer Infant, Inc. ("Summer Infant" or the "Company") (NASDAQ: SUMR) today announced that it will host a conference call to discuss financial results for its fourth quarter and fiscal year ended December 31, 2011 on Tuesday, February 28, 2012 at 8:30 a.m. Eastern Time MarketWire

Federman & Sherwood Announces that a Securities Class Action Lawsuit Has Been Filed Against SAIC, Inc. (NYSE: SAI)
On February 23, 2012, a class action lawsuit was filed in the United States District Court for the Southern District of New York against SAIC, Inc. (NYSE: SAI) MarketWire

Net Savings Link Announces Launch of Fitness Category
Net Savings Link, Inc. (OTCBB: NSAV), a company in the business of continually providing the mass consumer market with more choices of high quality discount deals and savings that enable individuals and families to recapture a significant amount of their net disposable income every year, announced today the addition of their Fitness Category. MarketWire

The Iowa Endoscopy Center Promotes Colon Cancer Screening Awareness by Participating in "Scope It Out" Free Colon Screening Day in Central Iowa
On Saturday, March 31st, the Iowa Endoscopy Center in collaboration with the John Stoddard Cancer Center and other area clinics, endoscopy centers, and physicians will be offering their Center's staff and services to uninsured patients in Central Iowa by offering a no cost screening colonoscopy. MarketWire

MarketLive(R) Performance Index(TM) Vol.17 Reveals Dramatic Increase in Year-Over-Year Revenue With 20 Percent Spike
MarketLive, Inc., the leading provider of enterprise-class eCommerce technology and services, today released the MarketLive Performance Index Volume 17, Q4 2011: A Look Ahead at 2012. The quarterly report examines Q4 performance data from more than 100 retail sites. MarketWire

Put the Pedal to the Metal for $70,000 at Barona Casino's Virtual Super Speedway Races on February 26
Hit the accelerator and zoom to Barona Resort & Casino for the Super Speedway virtual car races on Sunday, Feb. 26. Races are scheduled on big screen TVs throughout the day and Club Barona members who choose the virtual race car first to reach the finish line will win a share of $70,000 in cash giveaways. MarketWire

The Plan One at Mirabella by William Lyon Homes Makes Getting Started the Best Part
A family's first home is where they live for today and dream about tomorrow, and Mirabella's Plan One is the perfect choice to get this journey going. With three bedrooms plus a loft and 2.5 bathrooms in approximately 1,706 square feet, there is plenty of space and opportunity for OC buyers who are ready to enjoy the perks of owning in a great location MarketWire

Cisco and Rogers Reinvent the Cable TV Experience With Cisco Videoscape
Cisco (NASDAQ: CSCO) today announced that Rogers Communications, one of Canada's leading cable television providers, has selected the Cisco Videoscape™ TV architecture to evolve its current TV platform with Web Services-based technologies to deliver new and improved television viewing experiences to complement the Rogers NextBox 2.0™ Interactive Program Guide and Whole Home PVR. MarketWire

Venice Welcomes Back Popular Art Festival March 3 & 4, 2012
Historic Downtown Venice welcomes back its signature art festival March 3 - 4, 2012. Festivalgoers will be treated to a wide variety of work in a myriad of mediums including paintings, sculptures, photos, glass, wood, jewelry, collage, and ceramics. Prices are set to suit all budgets and range from as little as $25 hand designed earrings to $30,000 sculptures MarketWire

Zenprise CEO to Participate at 2012 America's Growth Capital Conference
Zenprise®, Inc., the leader in secure mobile device management, today announced that Jayaram Bhat, the company's CEO will be participating in America's Growth Capital (AGC) 8th annual Information Security and West Coast Emerging Growth Conference. MarketWire

BASF Achieves Top Results in 2011 and Has Ambitious Targets for 2012
BASF MarketWire

StopTheHacker Launches Official VAR Program
SaaS website security services provider StopTheHacker today officially launched its VAR program, offering resellers the opportunity to provide a unique anti-malware security service for websites to their customers. With the threat of malware, hackers and other online abuse, website protection is vital for the majority of today's business owners MarketWire

Topazridge at Riverwalk Vista in Riverside to Grand Open on Saturday, February 25th
With steady demand from Inland Empire home shoppers seeking spacious new homes, TRI Pointe Homes will be grand opening the models of Topazridge, the newest home collection within the bluff side, gated Riverwalk Vista master-planned community on Saturday, February 25th. At its grand opening from noon to 3 p.m MarketWire

Dorchester Minerals, L.P. Announces 2011 Results
Dorchester Minerals, L.P. (the "Partnership") (NASDAQ: DMLP) announced today the Partnership's net income for the year ended December 31, 2011 of $42,215,000, or $1.33 per common unit. MarketWire

Kavaliro Makes Inavero's 2012 Best of Staffing(TM) Talent and Client List
Kavaliro announced that it has been named to Inavero's 2012 Best of Staffing™ Talent and Client list. Best of Staffing, presented in partnership with CareerBuilder, is the nation's first award to recognize staffing firms that receive remarkable reviews from their clients and people they find jobs (employed talent) MarketWire

Howard Alan Events Presents Nationally Ranked Las Olas Art Fair on March 3 - 4, 2012
Festival promoter Howard Alan Events, one of the country's largest producers of juried art festivals, has once again teamed up with the Greater Fort Lauderdale Convention & Visitors Bureau to present the 2012 Leap to Las Olas Art Fair Giveaway MarketWire

President of PROLOR Biotech Discusses the Firm's Unique Position and Upcoming Catalysts
As larger pharmaceutical firms have shown an appetite for platform technology companies, shares for companies like PROLOR Biotech (NYSE Amex: PBTH), which possess access to platform technologies with broad-based applicability across a range of product types have been getting more attention from investors and watching their valuations increase. MarketWire

Cremation Urns With a Personality From Perfect Memorials
Perfect Memorials, the company that carries the largest collection of memorial products in the world, has announced it now carries over 150 unique designs of cremation urns, including the popular Gone Fishing Infinite Impression Cremation Urn and Motorcycle Infinite Impression Cremation Urn. MarketWire

Conductor to Present Two Sessions at SMX West Conference in San Jose
Conductor, the leader in Search Engine Optimization (SEO) technology, today announced its presence at the world's leading search engine marketing conference, SMX West, taking place Feb. 28-March 1, 2012 in San Jose, Calif MarketWire

SOHM Projects 2012 to Be Another Record Revenue Year
SOHM, Inc. (PINKSHEETS: SHMN), a generic pharmaceuticals, and nutraceutical company that manufactures and markets generic drugs covering all major treatment categories, today announced its financial outlook for Year 2012: MarketWire

Remodeled Ratings Show Significant Jump
Cephas Holdings Corp (PINKSHEETS: CEHC) announced the reality series Remodeled, that chronicles The Network Talent, posted series high ratings in key demographic groups in its airing this week on the CW. MarketWire

Neopost Partners With Uniserv to Expand Address Validation Solutions Globally
Neopost today announced a partnership with Uniserv GmbH that enables customers to validate the addresses of additional countries on top of the USA and United Kingdom currently already offered when using Neopost solutions MarketWire

Delhaize group announces fourth quarter and full year 2011 earnings release date
BRUSSELS, Belgium, February 24, 2012 - Delhaize Group (Euronext Brussels: DELB)(NYSE: DEG), the Belgian international food retailer, confirms that itwillannounce its fourth quarter and full year 2011 results (endedDecember31, 2011) on Thursday March 8, 2012 at 7:00 a.m. CET. The press releasewill beavailable on Delhaize Group's website (www.delhaizegroup MarketWire

Commercial Real Estate Vacancy Rates Improving, Rents Firming
According to the National Association of Realtors® quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord's market commanding bigger rent increases. These trends also are confirmed in NAR's recent quarterly Commercial Real Estate Market Survey. MarketWire

Pharmacy Benefit Management Institute Recognizes Innovation in Drug Benefit Industry
The Pharmacy Benefit Management Institute (PBMI) has awarded three Rx Benefit Innovation Awards to ClearScript, MedImpact Healthcare Systems, Inc. in collaboration with the Montana Association of Health Care Purchasers (MAHCP), and Whirlpool Corporation. The Awards were announced at PBMI's 17th Annual Drug Benefit Conference. MarketWire

Valerie Swaner Joins TAB Bank as Business Development Officer for Equipment Leasing
As TAB Bank continues to expand its Equipment Leasing Division to provide capital equipment financing solutions to companies throughout the United States, it is pleased to announce that Valerie Swaner has joined as Business Development Officer, Equipment Leasing. Valerie will be based out of TAB Bank's national headquarters in Ogden, UT. MarketWire

GC China Turbine Announces the Resignation of Chief Financial Officer Chen Guijun and Director Marcus Laun, and the Appointment of Gong Maosheng as Interim Chief Financial Officer
GC China Turbine Corporation ("GC China" or the "Company") (OTCBB: GCHT) today announced that Mr. Chen Guijun resigned as the Company's Chief Financial Officer on February 22, 2012 and Mr. Marcus Laun resigned as a member of the Company's Board of Directors, effective as of February 17, 2012. MarketWire

IGSM GROUP INC., Holding Company Completes First Acquisition
IGSM GROUP INC. (PINKSHEETS: IGSM) today announced its first acquisition, Old World Sausage Factory, a manufacturer of meat products since 1954. The company will operate as a wholly subsidiary of IGSM. This is inline with IGSM's recent announcement and corporate restructuring as a Holding Company. MarketWire

Abacus Enterprises Selects Cake Marketing Software for Real-Time Lead Validation and Delivery
Cake Marketing, the SaaS division of Accelerize New Media, Inc. (OTCBB: ACLZ), announced its partnership with Abacus Enterprises, a leading performance-based network. The agreement enables Abacus Enterprises to optimize their traffic and maximize their return on investment by both generating and distributing leads in a wide range of verticals MarketWire

Fresh Harvest Announces Alexa Global Ranking
Fresh Harvest Products, Inc. (OTCQB: FRHV) (PINKSHEETS: FRHV) announced today that its website,, has an Alexa global internet traffic rank of 2,979,908, which is an improvement from a rank of 5,845,407 on February 11, 2012. According to Alexa, the site has attained a traffic rank of 59,943 in the city of New York. MarketWire

King Resources, Inc. (KING) To Redomicile, Reach OTC Markets Compliance Status
King Resources, Inc. (PINKSHEETS: KING) ( Interim management of King is advising its followers that the company intends to redomicile currently in Delaware to Nevada, or Wyoming. MarketWire

AdReady Helps Small and Medium-Sized Advertisers Compete With the Big Guys; Maximize Modest Budgets With Moneyball Approach
The blockbuster movie "Moneyball" is up for the big prize as Oscar night fast approaches. When it comes to online digital advertising, the Moneyball approach offers a similar winning formula for small budget advertisers MarketWire

BIOLASE Announces the Introduction of the Waterlase MDX(TM) Line of All-Tissue Lasers at the Chicago Dental Society Midwinter Meeting
BIOLASE Technology, Inc. (NASDAQ: BLTI), the World's leading dental laser manufacturer and distributor, today announced that the new line of Waterlase MDX™ all-tissue lasers was launched this week at the annual Chicago Dental Society Midwinter Meeting being held through February 25 (Booth #1237) MarketWire

ShopIgniter Releases Enterprise Social Commerce Platform to Better Serve Brands, Retailers and Agencies
ShopIgniter, a provider of social commerce software, today is announcing the availability of its enterprise-scale commerce platform. The social commerce suite includes tools and back-end integration to effectively execute integrated commerce campaigns that address the needs of the social and always on customer. MarketWire

DreamHost Teams With City Year to Facilitate Company-Wide Day of Service
DreamHost, a global full-service web hosting company, has today launched its 2012 Day of Service -- the first of its kind in the company's fourteen years of operation. DreamHost has partnered with the Los Angeles chapter of City Year, an education-focused, non-profit organization that partners with public schools to help keep students on track to graduation. MarketWire

Hayward(R) Redefines Pool & Spa Salt Chlorination With New Salt & Swim(TM)
Pool owners, who may have thought salt chlorination wasn't affordable in the past, now have a very obtainable DIY option in Hayward® Pool Products' new Salt & Swim™. The DIY salt chlorinator is the most cost-effective way for pool owners to move up to a salt chlorinated pool and experience softer, silkier water. MarketWire

ThinkFlood Adds Control via Internet Protocol to RedEye Line
ThinkFlood, maker of award-winning RedEye universal remote control systems, today announced that it is adding Internet Protocol (IP) control to its list of interface options on both the RedEye and RedEye Pro products. IP control comes by way of a free software update to existing and new RedEye customers. MarketWire

Paychest Updates Bloomberg, Plans Broader Shareholder Distribution
Paychest, Inc. (PINKSHEETS: PYCT) MarketWire

WIZnet Unveils Low-Cost, High-Speed Internet Connectivity for Small Devices
WIZnet (, a global provider of TCP/IT chips and modules based on the open hardware platform, today announced the availability of WIZ820io, a new plug-in network module which makes it easier than ever for open hardware developers to implement high-speed Internet connectivity MarketWire

Airspan Teams With McLaren Electronics to Provide 4G Broadband Connectivity for High-Speed Motorsport Applications
Airspan Networks Inc., a leading provider of 4G broadband wireless access networks, announced today its joint product development with McLaren Electronics Systems, to provide a customized 4G connectivity solution for the motorsport and other transportation industries MarketWire

American Megatrends and Wave to Extend UEFI Support in Windows 8 for BIOS Malware Detection
American Megatrends Inc. (AMI), a leader in BIOS and computing innovations, and Wave Systems Corp. (NASDAQ: WAVX) ( are collaborating on the development of Windows 8-compatible solutions to assure that platforms remain free of Advanced Persistent Threats (APTs) -- sophisticated cyber-attacks that access and steal information from compromised computers MarketWire

Wave Announces Windows 8 Readiness
Wave Systems Corp. (NASDAQ: WAVX) today announced future Wave development of value-added security solutions for Windows 8. Windows 8 has innovative security features for better malware protection and takes an integrated approach to strong authentication and encryption. MarketWire

AltiGen Adds Hammacher Schlemmer as an Authorized Retailer of the iFusion SmartStation
AltiGen Communications, Inc. (OTCQX: ATGN) (PINKSHEETS: ATGN), the leading provider of software-based Unified Communications, is pleased to announce the general availability of the iFusion SmartStation on retailer Hammacher Schlemmer's online webstore. MarketWire

Arkamys Audio Enhancement Software and Services Being Ported to Tensilica's HiFi Audio DSPs
Tensilica®, Inc. and Arkamys today announced that Arkamys digital audio software currently is being ported on Tensilica's HiFi Audio DSPs. This set of software is complemented with the availability of audio design and tuning services MarketWire

Cisco Announces Intent to Acquire Lightwire
Cisco (NASDAQ: CSCO) today announced its intent to acquire privately held Lightwire, Inc. Headquartered in Allentown, Penn., with offices in Santa Clara, Calif., Lightwire develops advanced optical interconnect technology for high-speed networking applications MarketWire

Reworking Wells, a Profitable Endeavor
In a Forbes article from January of this year on the reworking of old oil wells and the success of Energy XXI (EXXI), it highlights how even a long producing well can be discarded by one of the giant oil producers like Exxon Mobil (XOM) and reworked for a profit MarketWire

Social Entertainment Leader Milyoni Secures $11 Million in Funding
Milyoni, the leader in social entertainment, today announced that it has secured $11 million in Series B financing led by Oak Investment Partners. Previous investors ATA Ventures and Thomvest Ventures also participated in the round. Milyoni will use the funding to further extend its product portfolio in bringing social entertainment experiences to fans on Facebook MarketWire

Call for Applications: Kauffman Life Science Ventures Summit
Life science startups face more complex and daunting hurdles than new enterprises in non-regulated industries do. To help aspiring and early-stage life science entrepreneurs address these challenges, the Ewing Marion Kauffman Foundation will hold a Kauffman Life Science Ventures Summit June 22-23, 2012. MarketWire

Lantronix to Present at 24th Annual Roth Capital Conference on March 14, 2012
Lantronix, Inc. (NASDAQ: LTRX), a leading global provider of smart M2M connectivity solutions, today announced that the company management will make a presentation at the 24th Annual Roth Capital Conference on March 14, 2012 at the Ritz Carlton in Dana Point, CA. MarketWire

Market Research Forecasts Tissue Engineering Market at $28 Billion by 2012 has announced the addition of the new report "Tissue Engineering: The Combination of Cells & Engineering -- A Global Market Overview," to their collection of Biotechnology market reports. For more information, visit MarketWire

Thunder SEO Announces Max Thomas to Speak at SMX West 2012
Thunder SEO, an online marketing agency in San Diego, California, announces their Founder and President, Max Thomas, has been selected to speak at the Search Marketing Expo SMX West 2012 conference. The topic Thomas will be speaking on is "Life in a [Not Provided] World." MarketWire

SEMDA Announces Medical Device Companies That Will Present at the 2012 Conference
The Southeastern Medical Device Association (SEMDA) has announced the companies that will present to attending investors at the SEMDA 2012 Conference. Presenting companies will have the opportunity to introduce their business plans and technology to venture capitalists, angel investors and corporations gathering from across the U.S. MarketWire

Gold Resource Corporation Declares February Monthly Dividend
Gold Resource Corporation (NYSE Amex: GORO) declares its instituted monthly dividend of $0.05 per common share for February 2012 payable on March 23, 2012 to shareholders of record as of March 12, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico. MarketWire

Fluor Corporation Posts Solid Gains in 2011 as Metals and Mining Business Shines, Backlog Grows

Mobile Star Corp. (MBST.QB) Releases Capital Markets Website and Prepares for Financing Partnerships From Revenue Producing, Socially Responsible, U.S. Based Companies Across All Sectors of the Economy
MOBILE STAR CORP. (OTCQB: MBST) (PINKSHEETS: MBST) is pleased to announce the release of its capital markets web portal MarketWire

Market Research Estimates Thermal Management Revenues at $11 Billion by 2016 has announced the addition of the new report "Top Ten Thermal Management Companies and Emerging Transformative Technologies," to their collection of Computer Hardware & Networking market reports. For more information, visit MarketWire

Ericsson boosts speed and capacity in 3 Italia's network

Threshold Pharmaceuticals to Present at the Cowen Health Care Conference
Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) today announced that Dr. Barry Selick, Threshold's Chief Executive Officer, is scheduled to present at the 32nd Annual Cowen Health Care Conference in Boston on Tuesday, March 6, 2012 at 10:00AM EST. MarketWire

MoneyTV with Donald Baillargeon, 2/24
In the news release, "MoneyTV with Donald Baillargeon, 2/24," issued earlier today by MoneyTV; Natural Current, LLC; SOHM, Inc.; MMRGlobal, Inc.; The Green Baron Report, we are advised by the company that the convention mentioned in the sixth paragraph should read "HIMSS Convention in Las Vegas" rather than "HIMMS Convention in Las Vegas" as originally issued. Complete corrected text follows. MarketWire

Market Research: Dermatological Drugs Dominate Drug Sales has announced the addition of the new report "The World Market for Prescription Dermatological Drugs, 8th Edition," to their collection of Pharmaceuticals market reports. For more information, visit MarketWire

Media alert: Nokia press conference at Mobile World Congress - doors open at 8:00 a.m. CET; Live webcast planned
On Monday, February 27, the first day ofMobile World Congress, Nokia will hosta press conference, where it will announce significant industry news. Thepressconference will be hosted by Stephen Elop, Nokia's president and CEO. Dueto thepending public transportation disruption, doors will be opened, andaccreditedmedia admitted starting at 08:00 a.m. CET. MarketWire

Qosmotec Propagation Effects Replicator (QPER) Now Supports Azimuth Systems' Market Leading ACE MX MIMO Channel Emulation Platform
Qosmotec, a global leader in wireless device testing technology, today announced that it would support Azimuth's portfolio of real world test solutions with the Qosmotec Propagation Effects Replicator (QPER) software MarketWire

Active Biotech and Ipsen report for the first time Tasquinimod (TASQ) phase II long term safety data at the 27th European Association of Urology (EAU) Congress
Active Biotech's (NASDAQOMX NORDIC: ACTI) and Ipsen's (Euronext: IPN; ADR: IPSEY) castrateresistantprostate cancer project, TASQ will be presented at the 27th Annual EAUCongressheld in Paris on 24-28 February 2012 MarketWire

Pricetector, Makers of Rebrands to Eyeona, Expands User Base and Features With SavvyCircle Acquisition
Pricetector, Inc., the makers of, a mobile app and website that reinforces the relationship between retailers and shoppers by enhancing the consumer buying experience while in-store, announced today the company will begin operating under a new name, Eyeona, Inc., effective immediately. Today, the Savvy MarketWire

Statoil operated high impact gas discovery off Tanzania
Statoil (OSE: STL) (NYSE: STO) and partner ExxonMobil have made a large gasdiscovery offshore Tanzania in the first exploration well in Block 2. Statoil announced on February 17 that the partnership had encounteredindications of natural gas in the Zafarani exploration well in the Block 2licence offshore Tanzania MarketWire

TECHNICOLOR : Full-Year 2011 Results And New Strategic Roadmap
H2 2011 and FY 2011 Results Financial Highlights (unaudited)-- FY 2011 Adjusted EBITDA[1] of EUR475 million: increase in Technology and Entertainment Services, partly offsetting decrease in Digital Delivery.-- FY 2011 Adjusted EBITDA margin nearly stable at 13.8%.-- Strong free cash flow[2] generation, reaching EUR81 million for FY 2011 MarketWire

Seacoast Commerce Bank Announces Addition to Los Angeles SBA Production Team
Seacoast Commerce Bank (OTCBB: SCCB) today announced the hiring of Kelvin Davis, Senior Vice President and SBA Business Development Officer, who will be located in the bank's Glendale Loan Production Office. Mr. Davis has over 25 years of banking experience with a majority of it in the SBA lending industry, in addition to credit administration and regulatory experience. MarketWire

REMINDER: At DVCon, Real Intent Verification Experts Present on Resolving X-Propagation Bugs; Demos Focus on CDC and RTL Debugging Innovations
WhoReal Intent, Inc., the leading provider of software products that accelerate Early Functional Verification and Advanced Sign-off of electronic designs, announced that its verification experts, Lisa J. Piper and Vishnu C. Vimjam, will present on X-Propagation Woes: Masking Bugs at RTL and Unnecessary Debug at the Netlist at the Design Verification Conference (DVCon) MarketWire

El Paso Pipeline Partners to Release 2011 Results on February 27, 2012
El Paso Pipeline Partners, L.P. (NYSE: EPB) will release fourth quarter 2011 and full-year 2011 financial and operational results before the market opens on Monday, February 27, 2012. Detailed financial and operational information will be posted at in the Investors section. MarketWire

El Paso Corporation to Release 2011 Results on February 27, 2012
El Paso Corporation (NYSE: EP) will release fourth quarter 2011 and full-year 2011 financial and operational results before the market opens on Monday, February 27, 2012. Detailed financial and operational information will be posted at in the Investors section. MarketWire

Ironsides Partners reports 5.3% stake
Private Equity Holding AG /Ironsides Partners reports 5.3% stake . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Corio publishes Annual Report and CSR report 2011
We are very happy to inform you that we have published our Annual Report and CSR Report 2011 on our website. You can find them on the following link: or => investor relations => publications. GlobeNewswire

Contaminated batch of recycled steel results in radiation incident in Outokumpu's Tornio site
PRESS RELEASE24 February 2012 at 4.25 pm EET GlobeNewswire

Klövern publishes supplement to offer document
Klövern publishes supplement to previously published offer document regarding Klövern's public offer to shareholders in Dagon. GlobeNewswire

Handelsbanken's document "Risk and capital management -information according to Pillar 3" available on the Bank's website
From today, Friday, 24 February, Handelsbanken's document Risk and capital management - information according to Pillar 3 for 2011, is available on the Bank's website at GlobeNewswire

Handelsbanken's Annual Report 2011 available on the Bank's website
From today, Friday, 24 February 2012, Handelsbanken's Annual Report for 2011 is available on the Bank's website at GlobeNewswire

Bombardier Welcomes HRH The Prince of Wales to Its Derby, UK Site
BERLIN, GERMANY--(Marketwire - February 24, 2012) - Employees of Bombardier's manufacturing site in Derby today welcomed His Royal Highness The Prince of Wales, as part of a tour of the region to show his support for British manufacturing GlobeNewswire

Outotec's Financial Statements 2011 and Corporate Governance Statement published

SpareBank 1 SR-Bank ASA: Update from Fitch Ratings
Fitch Ratings has on 24 February 2012 published the enclosed updating of SpareBank 1 SR-Bank's credit ratings. Contact: Vidar Torsøe, Vice President Investor Relations, tel. 0047 970 80 656. GlobeNewswire

Navamedic ASA: Financial Calendar 2012

Shareholder changes in Transmode
Stockholm, Sweden - 24th February, 2012 - Transmode Holding AB (publ), a global supplier of packet-optical networking solutions has been informed that three of its shareholders, Amadeus General Partner Limited, HarbourVest International Private Equity Partners IV - Direct Fund L.P., and EEP Managers Ltd, have sold in total 2,042,522 shares, representing 7 GlobeNewswire

Brussels, 24 February 2012 // The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces the Radisson Blu Hotel Conakry in Guinea. The property featuring 249 rooms is scheduled to open in 2014. GlobeNewswire

ASPO Plc STOCK EXCHANGE RELEASE February 24, 2012, at 12:00 Based on the current situation, Aspo Plc's Board of Directors has decided to specify the full-year outlook issued in the financial statement release for January-December published on February 14, 2012 GlobeNewswire

Nescafé Dolce Gusto expands in Europe
Nestlé S.A. /Nescafé Dolce Gusto expands in Europe. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Ericsson boosts speed and capacity in 3 Italia's network

skyguide: New functions to assist radar controllers at skyguide's Dübendorf control centre
skyguide /skyguide: New functions to assist radar controllers at skyguide's Dübendorf control centre . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Össur hf. - Annual Report 2011
Enclosed the electronic version of the Össur Annual Report 2011 GlobeNewswire

Biotie Therapies Corp. financial statement release 1 January - 31 December 2011
BIOTIE THERAPIES CORP. FINANCIAL STATEMENT RELEASE 24 February 2012 at 9.00 a.m. GlobeNewswire

Songa Offshore SE awarded two additional cat D rigs by Statoil
Songa Offshore SE is pleased to announce that its 100% owned subsidiary, Songa Rig AS, has received and accepted a Letter of Award (LOA) from Statoil for two newbuild "cat D" semisubmersible rigs.  This award follows the agreement of July 2011 between Songa Rig AS and Statoil for the first two cat D rigs GlobeNewswire

RomReal : Fourth (4th) Quarter Financial Results and Investor Presentation
RomReal hereby presents the main highlights of the 4th quarter 2011 results:   Statutory Net Asset Value (NAV) under IFRS was EUR 0.55 (NOK 4.3) per share at the end of Q4 2011, a decline of 11% compared to the end of Q3 2011 GlobeNewswire

Santhera Reports Stable Product Sales in 2011 and Cash Reserves of CHF 23.4 Million Following Completion of Restructuring
Santhera Pharmaceuticals Holding AG /Santhera Reports Stable Product Sales in 2011 and Cash Reserves of CHF 23.4 Million Following Completion of Restructuring . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

SeaBird - Fourth quarter 2011 result presentation and webcast
Cyprus, 24 February 2012 GlobeNewswire

Novae Group plc : Holding(s) in Company
TR-1: Notifications of Major Interests in Shares1 GlobeNewswire

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