SAN DIEGO, Feb. 9, 2010 (GLOBE NEWSWIRE) -- Priority Capital Group and Pacific Office Properties Trust, Inc. (NYSE Amex:PCE) today announced commencement of the public offering of $400 million of Pacific Office senior common stock. The senior common stock, priced at $10 per share, offers a cumulative dividend of 7.25%, declared daily and paid monthly, plus the potential for dividend increases that are triggered by increases in the Pacific Office listed common stock dividend.
The senior common shares have a priority claim on dividend payments and liquidation values over other classes of Pacific Office equity securities. Investors may also exchange the senior common stock into Pacific Office's listed common stock any time after five years following the date of issuance.
The Pacific Office senior common stock will be offered exclusively through the independent broker-dealer network with Priority Capital Investments, a wholly owned subsidiary of Priority Capital Group, serving as the managing broker-dealer. Pacific Office is offering 35 million shares of senior common stock with an additional 5 million shares available through the dividend reinvestment plan. The company intends to use substantially all of the net proceeds from the offering to acquire and operate "value added" office properties located in the western United States.
Pacific Office Properties Trust, Inc. is a publicly listed real estate investment trust founded by The Shidler Group. It owns and operates a portfolio of 24 office properties that includes 44 separate buildings and totals 4.7 million square-feet of space. With a focus on long-term growth markets in the western United States, Pacific Office owns properties in Hawaii, California and Arizona.
This is neither an offer nor a solicitation to purchase securities. Such an offer can be made only by means of a prospectus. For a prospectus, please contact Priority Capital Investments, the dealer manager, at 10188 Telesis Court, Suite 130, San Diego, CA 92121 or 888.262.5631.
The Priority Capital Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7078
CONTACT: Priority Capital Group
David Thailing
858-210-3601
OAKVILLE, ONTARIO--(Marketwire - Feb. 9, 2010) - Appleby College has become the first school in the world to demonstrate corporate compliance with British Standard (BS) 8848 in respect to its international service program. This incredible achievement speaks volumes about Appleby's global reputation and will help the school position itself for even greater opportunities for student international service experiences.
For more than 15 years, through both Appleby College International Service Projects and Round Square-a worldwide association of more than 80 schools-Appleby's students have participated in service trips that promote global awareness, respect for differing world views and new models of co-operation.
Compliance with BS 8848 indicates that the systems, processes and policies regarding international service trips provides for: the safety of those traveling, risk analysis, the competence and experience of the project leaders, budget, environmental concerns, and the value of the expedition to participants. The independent, third party verification of this compliance is valid for three years with an annual review.
"We are very pleased to have had the opportunity for this external evaluation of our systems. From our research, the BS 8848 is the highest benchmark globally that we can test our systems against with respect to safety. Appleby can now be certain that its international programs, a rich set of intercultural educational experiences for its students, are being run in such a way that safety is assured to the highest standards known," said Rob McGuiness, assistant head of school, global education, and director, intercultural and experiential programs.
The process began six months ago and involved an independent assessment by Young Explorers Trust (YET), the United Kingdom's national association of youth exploration societies. It culminated in two intensive evaluation days with YET members that included interviews with Appleby senior administrators, school international trip leaders and students and an examination of Appleby's school risk management procedures regarding its international service projects. Appleby met the high standards set by YET and was awarded YET approval and as such, demonstrated compliance with BS 8848.
"YET's visit was a landmark occasion. The British Standard took on its first international compliance and proved that its objectives are not only relevant to our British shores, but are equally applicable and successful further afield. I hope that this gives confidence to more schools to embrace the British Standard and its aims," said Liz Gray, YET council member. "The fact that Appleby College has invested so much time and energy into aligning its procedures and systems to the British Standard speaks volumes both for the integrity of the school and the careful safety ethos it delivers to its students and employees."
About Appleby College
Appleby College is an independent school for more than 755 young men and women in Grades 7 to 12. Founded in 1911, Appleby offers a university preparatory education to both boarding and day students. The curriculum offers an exceptionally diverse education that combines rigorous academics with dynamic arts, athletics and community service. For more information, visit www.appleby.on.ca.
About The Young Explorers' Trust (YET)
The Young Explorers' Trust, established in 1972, is an independent national charity dedicated to promoting safe and responsible expeditions for young people provided by charitable, commercial and independent education organizations. In so doing, YET aims to give young people the opportunity to widen their experience and education by taking part in exploration, discovery and challenging adventure which develops the personal qualities of service, self-sufficiency and leadership. Underpinning this aim is the belief that safe and responsible expeditioning by young people encourages greater social and cultural understanding and environmental responsibility. YET strives to represent the interests of its membership by lobbying, networking and being represented at the highest and widest possible levels in all matters pertaining to youth expeditions. For more information, visit www.theyet.org.
FOR FURTHER INFORMATION PLEASE CONTACT:
Appleby College
Paula Kozbial
Media Relations
905-845-4681, ext. 137
pkozbial@appleby.on.ca
Source: The Young Explorers' Trust (YET)
ST. LOUIS, Feb. 9, 2010 (GLOBE NEWSWIRE) -- Thermadyne Holdings Corporation (Nasdaq: THMD) will be presenting at the JP Morgan Global High Yield & Leveraged Finance Conference on Wednesday, March 3, 2010 at 8:45 am ET at The Loews Miami Beach Hotel in Miami, Florida.
Presentation materials will be posted to the Company's web site prior to the conference at www.thermadyne.com.
About Thermadyne
Thermadyne, headquartered in St. Louis, Missouri, is a leading global manufacturer and marketer of metal cutting and welding products and accessories under a variety of leading premium brand names including Victor(R), Tweco(R) / Arcair(R), Thermal Dynamics(R), Thermal Arc(R), Stoody(R), TurboTorch(R), Firepower(R) and Cigweld(R). Its common shares trade on the NASDAQ under the symbol THMD. For more information about Thermadyne, its products and services, visit the Company's web site at www.Thermadyne.com.
The Thermadyne Holdings Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4937
CONTACT: Thermadyne Holdings Corporation
Debbie Bockius
636-728-3031
(RMDM Contract Valued at $1.8 million USD)
BEIJING, Feb. 9 /PRNewswire-FirstCall/ - RMD Entertainment Group's (http://rmdmgroup.com/) China based subsidiary Innotrek Technology Co., Ltd.'s (http://www.innotrek.com/) and the Qingxu County government in China launched the Intelligent Traffic Monitoring System installation project.
Innotrek Technology led by the RMDM CEO Mr. Wynn Wang met with the Taiyuan County Public Security Bureau representatives and officially launched the Traffic Monitoring System installation across the city. Innotrek technology and Qingxu government agreed to install 17 Yingnuo HD Checkpoint pursuit hit-and-run system projects and 5 Yingnuo red-light-violation capture system projects. The government budget for the project is 12.1 million RMB ($1.8 USD). The company expects to commence the installation shortly.
Mr. Wynn Wang, RMDM CEO, said, "We've easily sailed through the initial stages of this project negotiations, mostly due to our leasing model which had proved itself highly effective with the government. The government road monitors get state-of-the-art technology that allows gathering revenues while not spending any money on the initial installation. Getting rid of the 'initial cost' discussion speeds up all our negotiations exponentially, and we look forward to fast growth of our highway monitoring market share across China."
RMD Entertainment Group focuses on the Leisure Industry. With a wide-span North American distribution network, RMD Entertainment Group operates Innotrek Technology Inc. (www.innotrek.com) in China and United Liquor Alliance (www.united-liquor.com) in Florida USA.
To receive future updates, via email including quarterly newsletters and company updates which may not be newsworthy however important to the reader and followers of the company please sign up today free at www.minamargroup.com/updates
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com
SOURCE RMD Entertainment Group
STOUGHTON, Mass., Feb. 9 /PRNewswire/ -- STD Med, Inc., a manufacturer and innovator of medical devices located in Stoughton, Massachusetts is pleased to announce the acquisition of a new 32,000 sq. ft. facility in West Bridgewater, Massachusetts. This is in addition to the current footprint of 120,000 sq. ft. "We are excited to be growing and advancing the company during these difficult financial times," said Steven Tallarida, President STD Med, "we attribute this growth to the premise on which STD Med was founded 58 years ago by Primo Tallarida; hard work, the American Dream, and luck sure doesn't hurt." This space will be used to expand the Company's cleanroom capacity to accommodate STD Med's growing base of business. STD Med anticipates an increase in its current workforce of close to 50 new jobs over the next 3 years. Additionally the facility will house several innovative STD Med incubated start-up companies including Spirus Medical, Inc. www.spirusmed.com , and Cardiosolutions, Inc., www.cardiosolutionsinc.com as well as a new venture capital firm, Makaira Venture Partners. Andrea Patisteas, Vice President Sales & Marketing said, "Our secret to success is new product innovation and continued customer service." The opening of this new facility is scheduled for summer 2010. For more on STD Med Inc. or its start-up companies, visit www.stdmed.com.
SOURCE STD Med Inc.
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