CLEVELAND and SAN JOSE, Calif., Dec. 3, 2009 (GLOBE NEWSWIRE) -- Paymate, an innovative provider of Internet payment services, and CardinalCommerce Corporation, the worldwide leading provider of payment brands, have joined forces to bring Paymate payment services to eCommerce merchants worldwide through CardinalCommerce's Cardinal Centinel technology.
Through Centinel, Cardinal's flagship product, merchants can save time and money when enabling multiple authenticated and alternative payment brands including Paymate. The all-in-one Centinel solution gives Customers the opportunity to enable over twenty-five payment brands quickly and easily.
Paymate is an approved online payment method serving buyers in 160 countries and sellers in Australia, New Zealand and North America. Earlier in 2009, Paymate was selected by eBay as one of their approved online payment options, giving the eBay market a new payment alternative focused on providing buyers and sellers a simpler, easier to use, more intuitive online payment experience. Paymate is highly focused on delivering superior customer service, risk management, compliance, and rapid payment to its customers.
"We are very excited about teaming up with CardinalCommerce on this new offering," said Garrett Gafke, CEO, Paymate. "This provides Paymate with significant reach into a broader market place while delivering a superior option to merchants who are looking for a real partner."
"Cardinal is pleased to offer our current and future Customers such a trusted provider like Paymate," said Mike Keresman, CEO, CardinalCommerce. "With Paymate, merchants will have the opportunity to expand their businesses internationally while fueling the growth of secure remote transactions throughout the world."
About Paymate
Paymate is the leader in providing secure, reliable and innovative Internet-based payment services to buyers in 160 countries around the world and sellers in Australia, New Zealand and the North America. Our mission is to help you trade with the world. We pride ourselves on being trusted for the secure conduct of financial transactions, reliable in all our dealings and friendly in delivering services to our clients. Paymate is headquartered in Silicon Valley, CA with offices in Sydney Australia and New Zealand. For more information, visit www.paymate.com.
About CardinalCommerce
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions, and alternative payment brands for both eCommerce and mobile commerce.
Cardinal Centinel(R) enables payment brands such as Verified by Visa, MasterCard(R) SecureCode(TM), Amazon Payments(TM), Bill Me Later(R), ClickandBuy(R), Cred-Ex(R), Ebates(TM), eBillme(TM), eLayaway(TM), Google (TM) Checkout, Green Dot(R) MoneyPak(R), Mazooma(TM), Moneta(R), MyECheck, NACHA(R) Secure Vault Payments (SVP), NetCash(R), OneTouch Online Purchasing(TM), PayPal(TM), paymate, paysafecard, RevolutionCard(TM), SafetyPay(TM), TeleCheck(R), Ukash(TM), and more to a network of thousands of merchants and merchant service providers.
Our mobile commerce platform, Cardinal MAX(TM), makes it simple for retailers to sell and market products through the mobile channel. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct authenticated Internet, wireless and mobile transactions safely and securely.
Headquartered in Cleveland, Ohio, with facilities in the United States, Europe, and Africa, Cardinal services a worldwide Customer base. For more information, visit www.cardinalcommerce.com
The CardinalCommerce logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=697
* Patent #US 7,051,002 B2
CONTACT: CardinalCommerce Corporation
Media Contact
Tim Sherwin
877-352-8444 x 101
tims@cardinalcommerce.com
Paymate
Media Contact
Greg Quinn
650-529-4715
gquinn@paymate.com
DOYLESTOWN, Pa., Dec. 3 /PRNewswire-FirstCall/ -- Ted Karkus, Chairman and CEO of The Quigley Corporation, (Nasdaq: QGLY) www.quigleyco.com announced today that the Company has completed its evaluation of its opportunities to develop prescription pharmaceutical and OTC products and has concluded that it is in its best interests to focus primarily on the OTC/Personal Care marketplace, which may include but are not limited to its Cold-EEZE® and Kids-EEZE® brands, as well as other homeopathic, dietary supplement, cosmetic, cosmeceutical, first aid, functional food and beverage products. Mr. Karkus, the Company's Board of Directors, the Company's executive team, and an outside consultant have concluded that the costs and risks associated with continuing to develop a line of prescription pharmaceutical products are not warranted.
Mr. Karkus stated, "The Company has determined that further material investment in the Pharma subsidiary's existing products under development would be curtailed in light of its view concerning market opportunities, regulatory pathways, the need for further robust and consistent preclinical and clinical testing and continued requirements in the areas of commercial formulation and development."
However, the Company has identified certain Pharma subsidiary products that it feels may warrant further reasonable investment in order to determine whether they present significant commercial opportunities. The products it will continue to investigate include QR333 (potential topical symptomatic relief of diabetic peripheral neuropathy); QR440 (potential relief of inflammation and joint pain); and QR448 (potential anti-infective against infectious bronchitis in poultry).
Mr. Karkus has announced that future investment of Company resources in the Quigley Pharma Division will be significantly reduced in favor of continued development and building of the Cold-EEZE® brand and a broader consumer product platform. "We are particularly interested in leveraging our distribution network in mass, pharmacy and grocery retail by acquiring or developing additional personal care and OTC products. Focusing on products that can quickly be brought to market and do not require years of research and development should significantly reduce product development costs and lead time, while at the same time yielding increased revenues and profits," said Mr. Karkus. He added "We are aggressively searching for product acquisitions and researching line extensions of our Cold-EEZE® and Kids-EEZE® brands to accomplish these goals, diversity our product offerings and to set the stage for future growth of our Company."
About The Quigley Corporation
The Quigley Corporation (Nasdaq: QGLY) (http://www.Quigleyco.com) is a diversified natural health medical science company. Its Cold Remedy segment is a leading marketer and manufacturer of the Cold-EEZE® family of lozenges and sugar free tablets clinically proven to significantly reduce the severity and duration of the common cold. Cold-EEZE® customers include leading national wholesalers and distributors, as well as independent and chain food, drug and mass merchandise stores and pharmacies. The Quigley Corporation has several wholly owned subsidiaries including Quigley Manufacturing Inc., which consists of an FDA approved facility to manufacture Cold-EEZE® lozenges and fulfill other contract manufacturing opportunities, and Quigley Pharma, Inc., (http://www.QuigleyPharma.com), which conducts research in order to develop and commercialize a pipeline of patented botanical and naturally derived potential prescription drugs.
Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risk, uncertainties and other factors that may cause the Company's actual performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, among others, changes in worldwide general economic conditions, changes in interest rates, government regulations, and worldwide competition.
CONTACT:
Ted Karkus Carl Hymans
Chairman of the Board, CEO G.S. Schwartz & Co.
(215) 345-0919 ext. 114 (212) 725-4500 ext. 304
carlh@schwartz.com
SOURCE Quigley Corporation
BALA CYNWYD, Pa.--(BUSINESS WIRE)-- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ICO, Inc. ("ICO" or the "Company") (Nasdaq: ICOC) related to the merger agreement with A. Schulman, Inc. ("A. Schulman") (Nasdaq: SHLM).
Under the terms of the transaction, ICO shareholders are to receive $3.67 per share in cash and approximately 0.184 shares of Schulman stock for each share of ICO common stock they own. The investigations concerns whether the board breached their fiduciary duties by failing to adequately shop the company given that ICO stock traded at $5.04 on September 21, 2009 and $4.83 on October 9, 2009.
If you are an ICO shareholder and wish to discuss the legal ramifications of the Board's actions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
Source: Law office of Brodsky & Smith, LLC
RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) announced today the webcast and/or conference call access information for upcoming events.
December 18, 2009 - Third Quarter Fiscal 2010 Earnings Conference Call.
On December 18, CarMax will release sales and earnings for the third quarter ended November 30, 2009, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as follows:
-- Dial 1-888-298-3261 (international callers dial 1-706-679-7457). The
conference ID for both domestic and international callers is 64978621.
-- A live webcast also will be available at investor.carmax.com or at
www.streetevents.com.
-- A webcast replay of the call will be available at investor.carmax.com
beginning at approximately 1:00 p.m. ET on December 18, 2009, through
March 31, 2010. A telephone replay also will be available through
December 28, 2009, and may be accessed by dialing 1-800-642-1687
(international callers dial 1-706-645-9291). The conference ID for both
domestic and international callers is 64978621.
January 11, 2010 - 8th Annual Cowen & Company Consumer Conference.
Katharine Kenny, Vice President, Investor Relations, will present at the 8th Annual Cowen and Company Consumer Conference on January 11, 2010, at the Westin New York at Times Square. The presentation will begin at 2:30 p.m. ET. A live webcast of the presentation will be available on the company's investor information homepage at investor.carmax.com. The webcast will be archived and available for replay through February 11, 2010.
About CarMax
CarMax, a Fortune 500 company and one of the Fortune 2009 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 100 used car superstores in 46 markets. The CarMax consumer offer is structured around four customer benefits: low, no-haggle prices; a broad selection; high quality vehicles; and customer-friendly service. During the fiscal year ended February 28, 2009, the company retailed 345,465 used vehicles and sold 194,081 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.
Source: CarMax, Inc.
HARRISBURG, Pa., Dec. 3 /PRNewswire-USNewswire/ -- Governor Edward G. Rendell today announced the following recent nominations and appointments:
Nominations (require Senate confirmation)
Pennsylvania Board of Probation and Parole
John R. Tuttle, York
Appointments (do not require confirmation)
Atlantic States Marine Fisheries Commission
Loren W. Lustig, Biglerville - reappointment
Pennsylvania Commission on Crime and Delinquency
Rev. Danny Cortes, Philadelphia
Advisory Health Board
Jean Y. Wiest, Harrisburg
Cynthia Taylor DeMuth, M.D., Hummelstown
Pennsylvania Early Learning Council
Tracey Campanini, Port Royal
Pennsylvania Gaming Control Board
Kenneth I. Trujillo, Philadelphia
Media Contact: Gary Tuma
717-783-1116
SOURCE Pennsylvania Office of the Governor
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