LAS VEGAS, Feb. 6, 2012 /PRNewswire-USNewswire/ -- Richard W. Witcher, the new chairman of the American Truck Dealers (ATD), rallied the nation's truck dealers to become even more involved in the association after a rousing introduction by outgoing chairman Kyle Treadway.
(Logo: http://photos.prnewswire.com/prnh/20120201/DC45546LOGO)
"I am humbled to accept Kyle's gavel," said Witcher, CEO of Minuteman Trucks in Walpole, Mass., who said he plans to continue many of the strategic goals that Treadway had begun.
Witcher encouraged members to inform themselves about relevant state and local legislative initiatives, help nurture the next generation of dealers and set future industry standards. Witcher also is committed to increasing ATD membership from 80 percent to 90 percent, which is what NADA represents for automobile dealers.
Witcher's remarks showed that he hopes to continue ATD's commitment to be pro-active rather than reactive. And Witcher asked all ATD dealers, especially those who have been nominated for Truck Dealer of the Year awards, to help him set the pace for excellence.
About ATDThe American Truck Dealers represents about 2,000 medium- and heavy-duty truck dealers. ATD members share in NADA's programs, services and benefits. ATD hosts an annual convention and expo for dealers and dealership managers. For more information, visit www.atd.org.
SOURCE ATD
CHINO, Calif., Feb. 6, 2012 /PRNewswire/ -- Chino Commercial Bancorp (OTCBB: CCBC) announced today that it has extended its pending shareholder rights subscription offering to February 15, 2012 at 5:00 P.M. Pacific Time. This is the second extension of time for the rights offering which was originally scheduled to expire on January 20, 2012.
The Company has filed a registration statement (including a prospectus) with the SEC for the offering. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering.
The rights offering will be made only by means of a prospectus. This release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sales of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Chino Commercial BancorpChino Commercial Bancorp is the parent company of Chino Commercial Bank, a national bank, headquartered in Chino, California which opened for business in September 2000 and currently operates from three full service locations in Chino, Ontario and Rancho Cucamonga, California. The Bank opened its Ontario branch in January 2006 and the Rancho Cucamonga branch in April 2010. Chino Commercial Bank is a member of both the Federal Reserve System and the Federal Home Loan Bank, and its deposit accounts are insured under the Federal Deposit Insurance Act up to applicable limits thereof. For more information, visit www.chinocommercialbank.com.
SOURCE Chino Commercial Bancorp
SAN FRANCISCO, Feb. 6, 2012 /PRNewswire/ -- The United States Court of Appeals for the Ninth Circuit will issue a ruling in the landmark federal civil rights case Perry v. Brown on Tuesday, February 7, 2012 by 10:00 a.m. PST. The court will determine whether to uphold the historic August 2010 decision of the Federal District Court that found Proposition 8 unconstitutional. Proposition 8 stripped gay and lesbian Californians of the fundamental freedom to marry.
The American Foundation for Equal Rights (AFER), the sole sponsor of the Perry case, will hold four events on Tuesday, February 7, 2012 to discuss the significance and impact of the Ninth Circuit's ruling:
- A 10:30 a.m. PST press conference in Los Angeles at Vibiana, 214 S. Main St., Los Angeles, CA 90012. Speaking at the press conference will be plaintiffs' lead co-counsel Theodore B. Olson; AFER Board President Chad Griffin; plaintiffs Kris Perry & Sandy Stier and Paul Katami & Jeff Zarrillo; and Dominick Zarrillo.
- A national media conference call at 11:45 a.m. PST. RSVP to melissa@afer.org to be provided with access code. Speaking on the call will be plaintiffs' lead co-counsel Theodore B. Olson and David Boies; AFER Board President Chad Griffin; plaintiffs Kris Perry & Sandy Stier and Paul Katami & Jeff Zarrillo; and Dominick Zarrillo.
- A 5:00 p.m. PST press conference in San Francisco at The Julia Morgan Ballroom, Merchants Exchange, 465 California St., San Francisco, CA 94104. Speaking at the press conference will be plaintiffs' lead co-counsel Theodore B. Olson; AFER Board President Chad Griffin; plaintiffs Kris Perry & Sandy Stier and Paul Katami & Jeff Zarrillo; Dominick Zarrillo; and San Francisco City Attorney Dennis Herrera.
- A 5:00 p.m. PST community gathering at the Los Angeles City Hall Rotunda. 200 N. Spring St., Los Angeles, CA 90012. Attending the community gathering will be Los Angeles Mayor Antonio Villaraigosa, AFER Founding Board Members Dustin Lance Black and Rob Reiner, Courage Campaign, Equality California, Equal Roots Coalition, FAIR, Freedom to Marry, Jordan/Rustin Coalition, L.A. Gay & Lesbian Center, Latino Equality Alliance, Marriage Equality USA and others.
READ THE NINTH CIRCUIT'S ADVANCE NOTICE OF OPINION FILING HERE: http://www.afer.org/wp-content/uploads/2012/02/2012-02-06-Notice-of-Decision-Merits.pdf
About the American Foundation for Equal Rights
The American Foundation for Equal Rights is the sole sponsor of the Perry case. After bringing together Theodore B. Olson and David Boies to lead its legal team, AFER successfully advanced the Perry case through Federal District Court and is now leading it through the 9th Circuit Court of Appeals before the case is brought to the United States Supreme Court. The Foundation is committed to achieving full federal marriage equality.
SOURCE American Foundation for Equal Rights
HSINCHU, Taiwan, Feb. 6, 2012 /PRNewswire-Asia-FirstCall/ -- AU Optronics ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), the global leading display and solar solutions provider, today announced that it is ready to provide its customers with US-made solar solutions. The progress enriches AUO's global solar module capacity to span across Europe, America, and Asia. It also makes AUO one of the few international suppliers capable of offering US-made solar solutions. Further development in the US market has been marked by the acquisition of a 9 MW Solar Power Project in the Pennsylvania School District, which will be the largest solar power plant in Pennsylvania as well as one of the largest school district projects nationwide. AUO will continue to provide top-notch customized solar solutions to the U.S. customers.
"The US market is a very important solar market. AUO's high-efficiency and high-quality solar modules are not only widely acclaimed for their performance in the residential and commercial markets but have also successfully acquired large utility and government projects." said James Chen, Vice President of AUO Solar Business Group. "We continue to develop advanced technology and leverage our local services to provide US-made solar modules for utility, commercial and residential customers who expect the best high-efficiency solar products."
AUO adopts the strategy of "Global Operation, Local Delivery" and is currently the Taiwanese PV player with the highest solar module capacity worldwide(*). Having achieved full capacity in its Czech plant, AUO utilized its exceptional skills in global operation and turned to the US market to provide its customers with US-made solar modules and customized services. AUO's solar modules have met American Federal Acquisition Regulation's BAA (Buy American Act) and TAA (Trade Agreements Act). AUO's high-efficiency and high-quality solar modules have been also listed in CEC (California Energy Commission). By offering its stable and reliable solar products, AUO will engage itself actively in the US solar market for even greater presence.
The area of the Pennsylvanian solar power project AUO obtained recently is around 62 acres, equivalent to 87 football fields. The project is the largest solar power plant in Pennsylvania and also one of the largest among American school districts. By using AUO's 37,500 pieces of high-efficiency solar modules, the solar power plant is expected to be completed in September, 2012. The power plant will generate 10,880,000 kWh of electricity annually for the daily use of approximately 5,000 students in 5 schools nearby. Approximately 6,663 tons of CO2 emissions could be reduced.
*Based on available market research information as of Feb. 7, 2012.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is one of the world's leading providers of display and solar total solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.2 inches to 71 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency solar solutions. AUO now houses a staff of more than 43,000 employees, with global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index for two consecutive years from 2010 to 2011. AUO generated NT$379.7 billion (US$ 12.54 billion) in sales revenue in 2011. For more information, please visit AUO.com.
* 2011 year end revenue converted at an exchange rate of NTD30.27:USD1.
ABOUT AUO Solar Business
AUO Solar Business combined M.Setek, AUO crystal, and AUO SunPower to form a high-efficiency vertical solar value chain from polysilicon, ingot, wafer, solar cell, PV module and Project business. AUO has successfully accomplished many large solar power plants projects in Europe, Asia and Africa. The company has three PV factories in Taiwan, China and Czech Republic and adopts "global operation, local delivery" model to provide worldwide customers total solar solutions. Website: AUOSOLAR.com
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on May 3rd, 2011.
SOURCE AU Optronics Corporation
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/06/12 -- Viridis Energy Inc. ("Viridis" or the "Company") (TSX VENTURE: VRD) (OTCQX: VRDSF), announced today that it has completed the acquisition of certain assets of Enligna Canada Inc., a wood pellet mill operator located in Upper Musquodoboit, Nova Scotia.The assets were purchased from Enligna's Receiver by 3260526 Nova Scotia Limited, a new,wholly owned subsidiary of Viridis (the "Subsidiary").
The acquired assets include 20 buildings on four properties with a total of 157 acres and a separate 22 acre wood lot. The facilities house five pellet presses with the capacity to produce 110,000 tonnes of wood pellets, annually, and is the largest wood pellet manufacturing plant in Atlantic Canada. In addition, Enligna has an established reputation with customers in Europe and key relationships with raw material suppliers.
The Subsidiary obtained a $2.5 million short-term bridge loan (the "Loan") to fund the acquisition. The Loan carries an interest rate of 6% per annum and is repayable onor before March 31, 2012. The Loan is secured by a demand mortgage charging the Subsidiary's assets, as well as secured guarantees granted by Viridis and Okanagan Pellet Company Inc., another wholly owned subsidiary of the Company. The Company intends to repay the Loanusing a more permanent source of funds, the negotiations for which are currently underway.
"We are acquiring a turnkey-ready operation with a skilled workforce on the East Coast of the continent where wood pellet use is highest, not to mention the proximity to seaports for exporting to our European customer base. The business community has been verysupportive of Viridis to date, and we look forward to creating jobs and helping enhance the local economy," said Christopher Robertson, Viridis' chief executive officer, commenting on the acquisition. "We anticipate this acquisition will reduce our final cost of goods delivered to both our East Coast customers as well as our growing industrial customer base throughout Europe. The demand for wood pellets as a fuel source for power generation has expanded overseas in response to government policies requiring renewable energy sources to represent an increasing percent of energy consumption."
Mr. Robertson added, "We expect the plant to be fully operational later this quarter and will resume business as Scotia Atlantic Biomass Company."
About Viridis Energy Inc.
Viridis Energy Inc. (TSX VENTURE: VRD) is a publicly traded, "Cleantech" alternative energy company specializing in the agricultural and wood waste biomass. Headquartered in Vancouver, B.C., Viridis Energy operates Cypress Pacific Marketing, Okanagan Pellet Company and Scotia Atlantic Biomass Companyfocusing on the marketing, distribution and manufacturing of wood pellets and other renewable biomass. For more information on Viridis Energy Inc. please refer to the company website at www.viridisenergy.ca.
Forward-looking Statements
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's future operations. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a continued downturn in general economic conditions in North America and internationally, (2) the inherent uncertainties associated with the demand for biofuels, (3) the risk that the Company does not execute its business plan, (4) the risk the Company does not secure sufficient working capital to finance the Loan repayment and its ongoing operations and growth,(5) the Company's ability to hire and/or retain key management and employees, (6) ; an increase in the number of competitors with larger resources, (7) the Company's ability to procure sufficient raw material from which it manufactures its products, and (8) other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and the Company intends to update such forward looking information in the Company's MD&Ain the event that actual results differ materially from such forward-looking statements contained herein. Additional information about these and other assumptions, risks and uncertainties are set out in the "Risks and Uncertainties" section in the Company's MD&A filed quarterly with Canadian security regulators.
Neither the 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.
Contacts: Grannus Financial Advisors, Inc. Yvonne L. Zappulla Managing Director 212-681-4108 Yvonne@GrannusFinancial.com Viridis Energy Inc. Michele Rebiere Chief Financial Officer 905-847-5226 Investorinfo@ViridisEnergy.ca www.viridisenergy.ca
Source: Viridis Energy Inc.
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