Corporate News

Aerojet, a GenCorp (NYSE: GY) company, has been awarded a contract for the Kill Vehicle (KV) Commonality Pathfinder Divert and Attitude Control System (DACS) from the U.S. Missile Defense Agency (MDA).

The Aerojet propulsion system is designed to control the KV by firing individual thrusters to control the KV while homing for an intercept with a ballistic missile or its warhead. Under this contract, Aerojet will design, build and integrate a test KV DACS in order to increase government understanding of contractor DACS development capabilities and component technical maturity.

Aerojet is a world-recognized aerospace and defense leader principally serving the missile and space propulsion, defense and armaments markets. GenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale, and leasing of the company's excess real estate assets.

Epicor Software Corporation (NASDAQ: EPIC) announced that its Board of Directors has unanimously determined not to pursue the proposal from Elliott Associates, L.P dated October 1, 2008. The Board thoroughly reviewed Elliott Associates' proposal and reached its decision after careful consideration with its independent financial and legal advisors, UBS Investment Bank and Wilson Sonsini Goodrich & Rosati.

Epicor is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) software solutions to the midmarket and divisions of Global 1000 companies.
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S&P U.S. REIT Composite constituent Post Properties Inc. (NYSE: PPS) will replace Longs Drug Stores Corp. (NYSE: LDG) in the S&P SmallCap 600 after the close of trading on Wednesday, October 15. Longs Drug Stores is being acquired by S&P 100 & 500 constituent CVS Caremark Corp. (NYSE: CVS) in a deal expected to close on or about that date, pending final approvals.

Law offices of Brodsky & Smith, LLC announces that a class action lawsuit has been filed on behalf of all persons who purchased the common stock of AuthenTec, Inc. (NASDAQ: AUTH) between April 28, 2008 and September 5, 2008. The class action lawsuit was filed in the United States District Court for the Middle District of Florida.

The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market, thereby artificially inflating the price of AuthenTec.

AuthenTec, Inc. is a mixed-signal semiconductor company providing fingerprint authentication sensors and solutions to the high-volume personal computer (PC), wireless device, access control and other markets. [SM]

Capstone Turbine Corporation (NASDAQ: CPST) announced the signing of a new Distributor Agreement with General Detectors International, Inc. for oil and gas applications and market segments in Venezuela and Trinidad and Tobago.

Established in 1996, General Detectors International, Inc. (GDI) is an integrated controls and instrumentation specialty company based in Houston, Texas, with offices in Venezuela (General Detectors, C.A.) and Trinidad (General Detectors Trinidad, Ltd.). The company's core business is focused on the petroleum industry, including petrochemicals and refining, as well as onshore and offshore oil and gas production.

Capstone Turbine Corporation (Capstone) develop, manufacture, market and service microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP) and combined cooling, heat and power (CCHP), resource recovery and secure power. [SM]