XPEL Launches New Products at SEMA 2009 Nov 11, 2009 02:02PM

Industry's First 60" Paint Protection Film

New XPEL Paint Protection System Components

DAP Software Enhancements

SAN ANTONIO--(BUSINESS WIRE)-- XPEL Technologies Corp. (TSXV: DAP.U) announced the release of new products displayed at the 2009 Specialty Equipment Market Association (SEMA) Show, held last week in Las Vegas.

A leader in the automotive Paint Protection Film industry, XPEL continues to round out its offering with additional components of a complete Paint Protection System, including an enhanced version of XPEL Installation Gel for easier applications and a Paint Protection Film Cleaner to assist in removing stains from all brands of Paint Protection Film. XPEL's Chief Operating Officer, Tim Hartt, stated, "The ultimate goal with a clearbra is to protect the underlying paint from the elements. At the same time you want to ensure that the car is looking its best while you own it. Our PPF cleaner helps keep your paint protection kit looking new and optically clear."

XPEL also announced the release of its 60" wide clear-coated roll of XPEL Standard and Premium Paint Protection Film, supporting seamless application of paint protection film on most of the automotive industry's largest hoods and other vehicle surfaces. The new film provides an added benefit for sports car enthusiasts as the aerodynamic shaping of most high performance cars creates a much larger impact zone that requires additional paint protection to prevent rock chips and insect acids from detracting from the car's overall appearance.

"The release of these additional products to the XPEL Paint Protection Film System further solidifies and differentiates our offering from the other one-size-fits all approach to this industry. Our goal is to provide the best customer experience to our dealer base and ultimately to the end user who has the installed clearbra on their vehicle. We will continue to innovate and provide the industry with the tools necessary to grow," said XPEL's Chief Executive Officer, Ryan Pape.

Additionally, XPEL launched enhanced software tools with the release of Design Access Program 8.0, including MyDAP utilities, giving customers the ability to publish their designs to the XPEL library and earn commissions, as well as a web-based product catalog that allows XPEL's customers to deliver customized, vehicle-specific pricing to their clients and dealerships.

XPEL Technologies Corp. is the worldwide leader in the electronic delivery of automotive aftermarket products, utilizing the Internet as an integral component for its design, manufacturing, distribution and customer relationship strategies. The Company's DAP software utility offers Dealers the industry's most efficient and productive tool set to better serve customers with "best-in-class" solutions in real-time. XPEL has clear advantages over the competition through its expansive proprietary library of installation-friendly paint and headlight protection and window tint products, coupled with a unique web-based remote manufacturing and distribution software, superior installation training curriculum and world-class facilities, with established and growing sales channels. Additional information can be found on the company website at www.xpel.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


    Source: XPEL Technologies Corp.


Research and Markets: 2009 Plimsoll Analysis - Architects - A comprehensive profile of 1000 companies operating in the UK market Out Today Nov 11, 2009 02:02PM

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/60e03c/2009_plimsoll_anal) has announced the addition of the "2009 Plimsoll Analysis - Architects - A comprehensive profile of 1000 companies operating in the UK market" report to their offering.

The UK Architects market analysis

This edition of the Plimsoll Analysis is the most comprehensive review yet of the UK Architects industry. With the market due for a prolonged period of consolidation to weed out over capacity and weakened competitors, keeping up with development will be vitally important. Whether you are looking for companies to buy, thinking of selling or just keeping up with developments in the market, this special Plimsoll Industry Analysis will give you a new outlook on your market.

What you receive on each company

This special edition of our report is designed to alert you to merger and acquisition activity in your market. We individually assess each of the 1000 companies in their own 2 paged section of the report. You will receive the following on each company:

    --  An individual valuation
    --  A full financial health assessment
    --  A breakdown of the board members and ownership structure
    --  A 10 point takeover attractive rating
    --  A "future year" projecting what the company could be worth to a new
        owner

The Plimsoll Industry Analysis is unlike any other market study available anywhere in the UK and gives you unprecedented insight into the health, wealth and prospects of 1000 companies in the UK Architects industry.

Executive Summary

Plenty of cash rich to rescue the needy

1 in 9 companies in the UK Architects industry could change ownership as a result of the current economic climate, claims a new study by leading financial analysts Plimsoll. With a surprising number of cash rich competitors waiting in the wings the market could be set for a prolonged period of consolidation. David Pattison, author of the new Plimsoll Industry Analysis - Architects, explains, I am sure any director worth his salt would agree that, in the current climate, there are simply too many companies chasing too little market. With many directors eyeing the exit doors and highly leveraged buyouts consigned to history for the time being it really is a buyers market out there for cash rich companies Pattison continues, In the Plimsoll Industry Analysis we have identified 258 companies that have a sizeable cash reserve sat on their balance sheets that, due to record low interest rates, is generating nothing. These companies are now in the position to buy up large chunks of market share at rock bottom prices and make that money work for them. They must be like kids in a sweet shop at the moment - all those distressed competitors available at a fraction of their true value. The UK Architects market is still widely regarded as one of the UK's most fragmented sectors. In our report we analysed the UK's leading 1000 companies are rated each on their acquisition attractiveness this will tell you which companies are set to be buying and which are exposed to takeover.

Key Topics Covered:

The report is divided into two colour-coded sections for your ease of use, Sector Analysis and Individual Company Analysis. Sector Analysis: Sales growth, market share and profitability are all analysed over a 10 year period giving you the fullest picture possible of the health of the market. Companies are ranked on these categories so you can see which companies are outshining the rest. Use the industry average tables to benchmark your own company's performance - how do you compare to the rest of the industry? Industry Analysis: Each company receives a full page of analysis, evaluating their financial performance over the last five years so you get a full picture of the long term prospects of each company. Each company page of analysis is also packed with the following information: Full business name and address, Names and ages of directors, contact details and website address, seven unique Plimsoll charts showing at a glance the performance of each company, averages for the industry are also shown indicating the bare minimum each company should be looking to achieve, and five years of the latest accounts available, New! Written summary on each company highlighting their key strengths and weaknesses.

Some of the Companies Mentioned include:

    --  20/20 CHARTERED ARCHITECTS LTD
    --  23-23 LTD
    --  3DREID LTD
    --  5TH STUDIO LTD
    --  AD ARCHITECTS LTD
    --  BARBER CASANOVAS RUFFLES LTD
    --  BARNSLEY HEWETT AND MALLINSON LTD
    --  BARON DESIGN LTD
    --  BARR GAZETAS LTD
    --  BARRETT HASKINS DESIGNS LTD
    --  BARRIE TODD ARCHITECTS LTD
    --  BATTERHAM MATTHEWS DESIGN LTD
    --  F O ARCHITECTS LTD
    --  F P ARCHITECTS LTD
    --  HOWARD ASSOCIATES ARCHITECTS LTD
    --  HOWARTH LITCHFIELD PARTNERSHIP LTD
    --  HOWE PARTNERSHIP LTD (THE)
    --  HOWL ASSOCIATES LTD
    --  HPA ARCHITECTURE LTD
    --  ROBERT ADAM ARCHITECTS LTD
    --  ROBERT BLEAKNEY ARCHITECTS LTD
    --  ROBERT MACDONALD ASSOCIATES ARCHITECTS LTD
    --  ROBERT O'HARA ARCHITECTS LTD
    --  ROBERT RIGBY ARCHITECTS LTD
    --  SNOOK ARCHITECTS LTD
    --  SONNEMANN TOON ARCHITECTS LLP
    --  URBAN SALON LTD
    --  YRM LTD
    --  YURKY CROSS LTD
    --  ZAMBELLI FRIEND LTD

For more information visit http://www.researchandmarkets.com/research/60e03c/2009_plimsoll_anal


    Source: Research and Markets


Standard & Poor's Upgrades Emergency Medical Services' Rating Nov 11, 2009 02:01PM

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Emergency Medical Services (NYSE: EMS) ("EMSC" or "the Company") announced today that Standard & Poor's Rating Services has raised the corporate credit rating on EMSC to 'BB' from 'BB-,' reflecting an improved financial risk profile and improved liquidity. In its November 11, 2009, report, Standard and Poor's cited the Company's EBITDA growth, improved cash flow and financial discipline as contributors to the rating upgrade.

William A. Sanger, Chairman and Chief Executive Officer, said, "We are very pleased that Standard & Poor's has acknowledged our financial performance improvements with this rating upgrade. We believe the improved rating reflects both the Company's revenue growth and our focus on effective resource utilization, which have helped to contribute to improved overall financial performance."

About Emergency Medical Services Corporation

Emergency Medical Services Corporation (EMSC) is a leading provider of emergency medical services in the United States. EMSC operates two business segments: American Medical Response, Inc. (AMR), the Company's healthcare transportation services segment, and EmCare Holdings Inc. (EmCare), the Company's outsourced hospital-based physician services segment. AMR is the leading provider of ambulance services in the United States. EmCare is a leading provider of outsourced hospital-based physician services. In 2008, EMSC provided services to 11.4 million patients in nearly 2,100 communities nationwide. EMSC is headquartered in Greenwood Village, Colorado. For additional information, visit www.emsc.net.


    Source: Emergency Medical Services Corporation


Savaria Announces its Results for the Third Quarter of 2009 Nov 11, 2009 02:01PM

LAVAL, QUEBEC--(Marketwire - Nov. 11, 2009) - Savaria Corporation (TSX: SIS), Canada's leader in the accessibility industry, today discloses its financial results for the third quarter ended September 30, 2009.

Third-Quarter Highlights

- Repurchase of 4.7 million common shares by the Corporation, being the equivalent of 17% of its capital stock;

- Sustained sales for the Corporation, despite unfavourable economic conditions;

- Significant growth of the Corporation's operations in Asia;

- Substantial increase in cash flows from operating activities, which rise to $1,243,088.

The Corporation generated third-quarter revenues of $14,350,000 from its continuing business operations, compared with revenues of approximately $14,681,000 for the corresponding quarter of 2008. The Corporation's sustained revenues can be explained by current conditions in the U.S. real estate market, which temporarily brought down Savaria's export potential in the same territory. Revenues from sales in Europe and Asia amounted to $1,400,514, up 66% over $843,666 for the corresponding quarter of the previous fiscal year.

"In light of the rather challenging global economic context, we are obviously pleased with these results, which attest to both the relevance of our products and our ability to increase efficiencies," indicated Marcel Bourassa, President and Chief Executive Officer of the Corporation. "Based on a progressive and diversified growth strategy, we already expect Savaria to achieve significant breakthroughs in high-business-potential foreign markets. The aging population is definitely an issue worldwide that will allow us to continue to capitalize on our expertise in equipment for people with mobility challenges on more than one continent," added the President and Chief Executive Officer.

The Corporation posted net earnings of 1 cent per share in the third quarter of 2009, compared with 2.3 cents for the corresponding period of 2008(1). Gross profit as a percentage of sales worked out to 26.7% for the third quarter of 2009, an increase of 2.1% over the figure obtained in the third quarter of 2008.

(1) The recent repurchase of 17% of the Corporation's capital stock could logically lead to an increase in net earnings per share as of the next quarter.

Cash flows from operating activities totalled $1,243,088 for the third quarter of 2009, up 93% over $644,506 for the third quarter of 2008. These inflows come primarily from foreign exchange contracts of $1 million cashed-in in advance. During the same period, the Corporation's long-term debt increased by $4 million. This increase was planned for the repurchase of 4.7 million common shares, being the equivalent of 17% of the Corporation's capital stock, at a price of 90 cents per share(2).

(2) Fees of 2.9 cents were added for each of the repurchased shares, for a total of 92.9 cents per share.

"We are obviously pleased that the Corporation benefits from such substantial cash flows. This liquidity not only attests to our sound and effective management, but also provides us with the flexibility to pursue our expansion. As for the repurchase of 17% of our capital stock, this is excellent news for our present and future investors, given that the value of their shares and dividends will likely rise in the short and long term. All in all, there is no doubt in our minds that the outlook for Savaria's future is very bright," concluded Marcel Bourassa.

New Markets, New Products

Thanks to its Huizhou-based Chinese plant employing more than 70 people, the Corporation can bank on steadily deploying its efforts in Asia in order to diversify and multiply its revenue streams. With its efficient production and marketing teams, Savaria aims to ensure the gradual development of this fast-growing market.

Van-Action, a wholly-owned subsidiary of Savaria, recently finalized the tests prerequisite to marketing a new wheelchair-accessible vehicle equipped with both a rear and a side entry. Unique in North America, the vehicle is now offered to the adapted taxi industry, which has further diversified the Corporation's operations and revenue streams.

Forward-Looking Statements

Certain statements in this press release may be forward-looking. Forward-looking statements involve known and unknown risks, uncertainties or other factors that may cause the Corporation's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The reader is warned against the risk of giving excessive credibility to these forward-looking statements.

Compliance with Canadian Generally Accepted Accounting Principles

The information appearing in this press release has been prepared in accordance with Canadian generally accepted accounting principles ("GAAP"). However, the Corporation uses earnings before interest, income taxes and amortization ("EBITDA") for analysis purposes to measure its financial performance. This measure has no standardized definition in accordance with GAAP and is therefore regarded as a non-GAAP measure. This measure may therefore not be comparable to similar measures reported by other companies. A reconciliation between net earnings and EBITDA is provided in the Financial Highlights section below.

Savaria Corporation

(www.savariaconcord.com) is Canada's leader and the second largest accessibility company in North America responding to the needs of people with mobility challenges. The Corporation designs, manufactures and distributes primarily elevators for residential and commercial use, as well as stairlifts and inclined platform lifts. Through its subsidiary Van-Action, Savaria converts and adapts automotive vehicles for the disabled and offers scooters and motorized wheelchairs as well. Its line of products, one of the world's most comprehensive, enables Savaria to stand out by proposing an integrated and customized solution for its disabled and elderly customers' mobility needs. Savaria records approximately 60% of its sales outside Canada, primarily in the United States, and is currently penetrating the Chinese market. The Corporation has a network of some 600 retailers in North America and employs more than 370 people in its plants in Ville Saint-Laurent, Quebec, Brampton, Ontario and Huizhou, China.

Complete financial statements and the management's report for the quarter ended September 30, 2009 will shortly be available on Savaria's website and at SEDAR (www.sedar.com).


Savaria Corporation
Financial Highlights

-------------------------------------------------------------------------
-------------------------------------------------------------------------
(in thousands of
 dollars, except
 per-share amounts,
 percentages and
 exchange rates              Quarters Ended      Nine-Month Periods Ended
 - unaudited)                  September 30,                 September 30,
-------------------------------------------------------------------------
                     2009    2008    Change        2009    2008    Change
-------------------------------------------------------------------------
Average effective
 exchange rate(1)  1.0642  1.0289    0.0353      1.0650  1.0151    0.0499
-------------------------------------------------------------------------
Sales             $14,350 $14,681      (2.3)%   $40,204 $40,557      (0.9)%
-------------------------------------------------------------------------
Gross profit as
 a % of sales        26.7%   24.6%      n/a        26.8%   21.8%      n/a
-------------------------------------------------------------------------
Selling and
 administrative
 expenses          $3,023   $2,631     14.9%     $8,562  $8,066       6.1%

Selling and
 administrative
 expenses
 as a % of sales     21.1%   17.9%      n/a        21.3%   19.9%      n/a
-------------------------------------------------------------------------
Operating earnings
 (loss)              $599    $796     (24.7)%    $1,602  $2,198     (27.1)%

Operating earnings
 (loss) as a % of
 sales                4.2%    5.4%      n/a         4.0%    5.4%      n/a
-------------------------------------------------------------------------
EBITDA(2)            $413  $1,357     (69.6)%    $2,819  $3,232     (12.8)%
-------------------------------------------------------------------------
EBITDA per share   $0.016  $0.050       (68)%    $0.105  $0.119     (11.8)%
-------------------------------------------------------------------------
Cash flows from
 operating
 activities        $1,243    $645      92.7%     $3,877   $(427)    1,008%
-------------------------------------------------------------------------
Exchange gain
 (loss)             $(472)   $400      (218)%     $(317)   $611      (152)%
-------------------------------------------------------------------------
Net earnings         $224    $631     (64.5)%    $1,442  $1,696     (15.0)%
-------------------------------------------------------------------------
Net earnings
 per share -
 basic and
 diluted           $0.009  $0.023     (60.9)%    $0.054  $0.062     (12.9)%
-------------------------------------------------------------------------
Dividends
 declared
 per share              -       -       n/a       $0.03  $0.063       n/a
-------------------------------------------------------------------------
Weighted average
 number of common
 shares outstanding
 - diluted         26,047  27,298      (4.6)%    26,722  27,414      (2.5)%
-------------------------------------------------------------------------
-------------------------------------------------------------------------
                             As at Sept. 30, 2009     As at Dec. 31, 2008
-------------------------------------------------------------------------
Total assets                              $41,537                 $40,683

Total liabilities                         $21,745                 $22,844

Shareholders' equity                      $19,792                 $17,839
-------------------------------------------------------------------------
-------------------------------------------------------------------------

(1) Calculated considering the hedge accounting applied to foreign exchange
    contracts maturing during the period
(2) Reconciliation of EBITDA with net earnings provided in the following
    table



Reconciliation of Earnings before Interest, Income Taxes and Amortization
("EBITDA") with Net Earnings

-------------------------------------------------------------------------
-------------------------------------------------------------------------
(in thousands of dollars           Quarters Ended      Nine-Month Periods
 - unaudited)                        September 30,     Ended September 30,
-------------------------------------------------------------------------
                                 2009        2008        2009        2008
-------------------------------------------------------------------------
Net earnings                     $224        $631      $1,442      $1,696
-------------------------------------------------------------------------
Plus:

Interest on long-term debt         70          27         223          93
-------------------------------------------------------------------------
Interest expense and banking fees  29          44          98         169
-------------------------------------------------------------------------
Income taxes                     (117)        486         479         733
-------------------------------------------------------------------------
Amortization of fixed assets      104          73         287         276
-------------------------------------------------------------------------
Amortization of deferred
 development costs                 74          70         224         211
-------------------------------------------------------------------------
Amortization of intangible assets  34          38         102         114
-------------------------------------------------------------------------
Less:

Interest income and dividends       5          12          36          60
-------------------------------------------------------------------------
Earnings before interest,
 income taxes and amortization
 ("EBITDA")                      $413      $1,357      $2,819      $3,232
-------------------------------------------------------------------------
-------------------------------------------------------------------------

FOR FURTHER INFORMATION PLEASE CONTACT:
        Savaria Corporation
        Marcel Bourassa
        Chairman of the Board, President and Chief Executive Officer
        1-800-931-5655

        Savaria Corporation
        Helene Bernier, CA
        Vice-President, Finance
        1-800-931-5655
        www.savariaconcord.com

Source: Savaria Corporation


Research and Markets: Lower Barriers to Entry Will Drive China's Smartphone Market to a Projected 73.6 Million Units or 31.5% of Total Handsets by 2013 Nov 11, 2009 02:00PM

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/4ee770/lower_barriers_to) has announced the addition of the "Lower Barriers to Entry Will Drive China's Smartphone Market" report to their offering.

Smartphone shipments in China grew 30% to 23.6 million in 2008 despite China's uncertain economy and overall stagnation in handset shipment growth. Mobile Internet applications, GPS, and multimedia functionality have been the most important drivers of this growth.

In-Stat estimates that the compound annual growth rate of China's smartphone market will be 25% throughout the period 2009 to 2013 and that the next wave of smartphone market growth will be driven by lowered barriers-to-entry on both the OS and chipset platform solution sides. This report examines the changing dynamics of China's smartphone OS and chipset platform markets and analyzes how these will drive the smartphone market in coming years. Details of other significant drivers are also provided.

This report includes:

    --  2008 market share for China's smartphone market by vendor and OS
    --  New smartphone models and product design trends
    --  In-depth analysis of smartphone OS market trends, especially with regard
        to Android, Symbian, and OMS
    --  An outline of the current dynamic changes in the smartphone chipset
        platform market
    --  A list of market drivers
    --  Market forecasts through 2013

HIGHLIGHTS

    --  China's smartphone shipments increased 30% in 2008 to 23.6 million units
        and are projected to reach 73.6 million, or 31.5% of total handset
        shipments, by 2013.
    --  The next wave of smartphone market growth will be driven by lower
        barriers to entry with regard to both OS and chipset platform solutions.
    --  Free and complete smartphone software platform from OHA and the Symbian
        Foundation will fuel smartphone market growth in the coming years.
    --  Turnkey chipset platform solutions from Huawei and MediaTek are another
        important factor in lowering barriers to entry.

Key Topics Covered:

Introduction

Definitions

Overview

Smartphone Value Chain Analysis

Drivers and Barriers

Market Forecasts

Methodology

List of Table

List of Figures

Companies Mentioned:

    --  Google
    --  Nokia
    --  Microsoft
    --  Symbian
    --  Linux
    --  MediaTek
    --  Huawei Turnkey

For more information visit http://www.researchandmarkets.com/research/4ee770/lower_barriers_to


    Source: Research and Markets


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