PR Newswire articles from Wednesday, March 12

PR Newswire back issues from Wednesday, March 12:

Jameson Inns, Inc. Reports ADR, Occupancy and REVPAR for February 2003.

Mar 12, 2003 ... Jameson Inns, Inc. , a hotel real estate investment trust (REIT), and owner of Jameson Inn and Signature Inn hotels, today announced that revenue per available room ("REVPAR") was $27.75 in February, a 2% increase from February 2002. Average daily rate increased $.23 for the month while ...

CryoLife(R), Inc. Pharmaceuticals Subsidiary Awarded Research Grant To Advance Clot-Dissolving Technology.

Mar 12, 2003 ... CryoLife, Inc. , a leading human tissue processing and medical device company, today announced that AuraZyme(TM) Pharmaceuticals, Inc., a wholly owned subsidiary of the Company, has recently been awarded a $100,000 research grant from the National Institutes of Health in Bethesda, ...

Glenayre Unveils Versera(TM) High Density Messaging (HDMu) Platform.

Mar 12, 2003 ... Glenayre Technologies, Inc. today unveiled its Versera(TM) High Density Messaging (HDMu) solution platform, the next phase of the Company's evolutionary path to a next-generation IP-based communications platform. With three times the density of the Company's successful MVP(R) ...

Sanswire Technologies Opts Out of Deal With InDigiNet.

Mar 12, 2003 ... Sanswire Technologies, Inc. (BULLETIN BOARD: SNWR) , an international, high speed, wireless Internet service provider announced today that it has ceased negotiations to merge with InDigiNet, Inc. (BULLETIN BOARD: IGTT) . The Companies had been negotiating a potential merger, ...

Acuity Brands Announces Election of Robert F. McCullough to Board Of Directors.

Mar 12, 2003 ... Acuity Brands, Inc. announced today the election of Robert F. (Bob) McCullough to the company's Board of Directors effective immediately. This addition to the Acuity Brands Board brings the total number of Directors to nine. McCullough, a Certified Public Accountant, serves as ...

Comair Aviation Academy Changes Name to Delta Connection Academy; Name Reflects Expanded Delta Connection Career Opportunities for Academy Graduates.

Mar 12, 2003 ... Comair Aviation Academy Inc. has changed its name to Delta Connection Academy, Inc. The new name reflects the academy's expanding role in training flight crew candidates for consideration by the broad group of Delta Connection carriers. Those carriers include Delta Air Lines' wholly ...

EarthLink to AOL: Imitation Is the Sincerest Form of Flattery; Eight Months after EarthLink Launches Pop-Up Blocker(SM) to Stop Annoying Pop-Up Advertisements, AOL Finally Capitulates to Customer Demand.

Mar 12, 2003 ... The following statement is in response to today's announcement by AOL of the company's new ad blocking software, and is attributable to Rob Kaiser, EarthLink vice president of narrowband marketing: "Unlike AOL's parent company, AOL Time Warner, which according to ...

Georgia Gulf to Announce First Quarter Earnings Expectations.

Mar 12, 2003 ... Georgia Gulf plans to release first quarter earnings expectations next Thursday, March 20, 2003, after close of market. The company will discuss first quarter earnings expectations via teleconference and Webcast on Friday, March 21, 2003, at 9:00 AM EST. To access the ...

Appalachian Bancshares, Inc. Reports Record Earnings For Its Fiscal Year Ended December 31, 2002.

Mar 12, 2003 ... Appalachian Bancshares, Inc. (Other OTC: APAB.PK) (the "Company"), today, announced that net income for its fiscal year ended December 31, 2002, was $2,668,008, compared to net income of $2,538,098 for the fiscal year ended December 31, 2001, representing an increase of $129,910.00 or 5.12 ...

Alabama Power Company Announces Planned Sale of Senior Notes.

Mar 12, 2003 ... Alabama Power Company has entered into an agreement with a group of underwriters led by Morgan Stanley and Wachovia Securities for the issuance of $200,000,000 aggregate principal amount of Series V 5.60% Senior Notes due March 15, 2033, according to William B. Hutchins, III, chief ...

CareCentric Reports 2002 Financial Results.

Mar 12, 2003 ... CareCentric, Inc. (BULLETIN BOARD: CURA) , a leading provider of management information systems to the home health care community, reports today its Annual Report of Financial Results for the year ended December 31, 2002. CareCentric reported a 7.7% increase in revenues to $22.0 million ...

Flowers Foods Confirms Status of Antitrust Review of Mrs. Smith's Sale to The Schwan Food Company.

Mar 12, 2003 ... Flowers Foods announced today that to allow for additional time for review by the federal antitrust authorities, it has assisted The Schwan Food Company in withdrawing and re-filing its Hart Scott Rodino (HSR) notice concerning its proposed acquisition of the Mrs. Smith's frozen desserts ...

Boston Properties Prices Offering of Senior Unsecured Notes.

Mar 12, 2003 ... Boston Properties, Inc. , a real estate investment trust, announced today that its operating partnership, Boston Properties Limited Partnership, has priced an offering of $300 million in aggregate principal amount of its 5.625% senior unsecured notes due April 15, 2015. The notes were ...

Midwest Express Holdings Reports February Performance.

Mar 12, 2003 ... Midwest Express Holdings, Inc. today reported February performance data for Midwest Airlines and Midwest Connect. Compared with February 2002, both Midwest Airlines and Midwest Connect reported increases in traffic, capacity and load factor, and decreases in yield. <Pre> ...

CNS, Inc. Introduces Breathe Right(R) Vapor Shot!(TM) Personal Vaporizer; New Product to Begin Shipping to U.S. Retailers in July.

Mar 12, 2003 ... CNS, Inc. , the Breathe Right(R) company, today announced the introduction of Breathe Right(R) Vapor Shot!(TM) personal vaporizer, a revolutionary new way to get fast, drug-free relief from nasal congestion due to colds, allergies and sinusitis. Each package of the Vapor Shot! personal ...

Engineered Support Receives $1.7 Million Contract for Minuteman Missile Facility Work.

Mar 12, 2003 ... Engineered Support Systems, Inc. received a $1.7 million cost plus award-fee contract from Northrop Grumman Mission Systems, Clearfield, Utah, relating to the Minuteman Environmental Control System (ECS) Replacement Program, System Development and Demonstration (SDD) Phase I. The ...

TouchWorks mEMR(TM) Featured in Intel(R) Centrino(TM) Mobile Technology Launch; Live Demo via Satellite From Cheshire Medical Center/Dartmouth-Hitchcock Keene During Keynote Address.

Mar 12, 2003 ... At the Intel(R) Centrino(TM) mobile technology launch today in New York, Intel will highlight the benefits of their new mobile platform for the healthcare industry through a live demonstration of TouchWorks(TM), a product of Allscripts Healthcare Solutions . Don Caruso, M.D., Department ...

McDonald's Reports February 2003 Sales.

Mar 12, 2003 ... McDonald's Corporation announced today total Systemwide sales for February 2003 increased 4% to $3.1 billion over February 2002 (in constant currencies sales declined 1%). Total Brand McDonald's sales for restaurants in operation at least 13 months (comparable sales) declined 4.7% in ...

The Brave Way Training Systems Announces the Signing of Contracts With Several Area High Schools; Defense Company to Teach Students Personal Security, Self-Defense, and Rape Prevention Classes to Help Them Protect Themselves From the Dangers Of The World.

Mar 12, 2003 ... The Brave Way Training Systems, a security training company, and wholly owned subsidiary of Circle Group Holdings, Inc. (BULLETIN BOARD: CRGQ) announced today that it has signed contracts with several area High Schools with several others pending. The Brave Way Training Systems will ...

Corio and Sierra Atlantic Extend Strategic Alliance; Sierra Atlantic Becomes a Certified Corio Applications on Demand(TM) Partner.

Mar 12, 2003 ... Corio, Inc. , a leading enterprise application service provider, and Sierra Atlantic, The Application Networks Company(R), today announced they have extended their strategic alliance. Corio and Sierra Atlantic originally formed their alliance two years ago to deliver enterprise ...

Tripos to Present at SG Cowen 23rd Annual Health Care Conference.

Mar 12, 2003 ... Tripos, Inc. , a leading provider of drug discovery chemistry, software and enterprise informatics, today announced that Senior Vice President and Chief Financial Officer B. James (Jim) Rubin will present at the SG Cowen 23rd Annual Health Care Conference on Tuesday, March 18, 2003, at 8 ...

BUCA, Inc. Announces 2003 First Quarter Sales Trends.

Mar 12, 2003 ... BUCA, Inc. today announced that due to the severe winter weather, particularly in the northeast, and due to the continued uncertainty regarding world events, comparable restaurant sales for its Buca di Beppo restaurants are expected to be down four to five percent for the first quarter ...

Motorola Tom Lynch and Adrian Nemcek Presentation to Financial Analysts to Be Webcast.

Mar 12, 2003 ... Motorola, Inc., plans to broadcast over the Internet on Monday, March 17, a presentation by Tom Lynch, executive vice president and chief executive officer for Motorola's Personal Communications Sector and Adrian Nemcek, executive vice president and chief executive officer for Motorola's ...

Spartech Targets Comprehensive Acquisition Plan to Supplement Strong New Product Growth.

Mar 12, 2003 ... Shareholders attending the Annual Meeting of Spartech Corporation were told that the operational changes made, and financial performance achieved, during fiscal 2002 has provided a strong foundation for further growth through new product developments and strategic expansions for the next ...

CDW Provides Update on Business Trends.

Mar 12, 2003 ... CDW Computer Centers, Inc. , a leading provider of technology products and services to businesses and the public sector, today provided an update on recent business trends. "We continue to predict strong financial performance for the current quarter, with record first quarter ...

1500-Watt Magnetek Power Inverters Combine Most-Wanted Features.

Mar 12, 2003 ... Magnetek Inc. has unveiled a new line of modular inverters offering ultra-clean power output, ultra-high efficiency and ultra-slim design -- the features most in demand in today's high-technology markets. The 1500-Watt "SLI" inverter line includes four models that change ...

MGP Ingredients to Expand Kansas City Facility.

Mar 12, 2003 ... The Board of Directors of MGP Ingredients, Inc. has approved plans for a $3.8 million expansion project at the company's plant in Kansas City, Kan. Expected to be completed by March, 2004, the expansion will involve the installation of additional equipment to extend the company's line of ...

Pilot Therapeutics Brings World Asthma Experts Together for Asthma Summit As Part of Airozin(TM) Launch.

Mar 12, 2003 ... Pilot Therapeutics Holdings, Inc. (BULLETIN BOARD: PLTT) , a specialty pharmaceutical company developing and commercializing a portfolio of pharmaceutical and clinically validated over-the-counter (OTC) products, today announced that it is bringing renowned leaders in the field of asthma ...

Reliv International Schedules Year-end 2002 Earnings Release and Conference Call.

Mar 12, 2003 ... Reliv International, Inc. , an international manufacturer and network marketer of nutritional supplements and other food technology products, today announced that year-end 2002 financial results will be released at 8:00AM Eastern Standard Time on Tuesday, March 18, 2003; Reliv will also ...

Bank One Launches Electronic Payments Solutions; High-Speed Image Technology Turns Paper Checks into Electronic Debits.

Mar 12, 2003 ... Bank One's Consumer Payments Solutions, a leader in paper and electronic remittance processing for large consumer billers, has developed a new product that converts consumer checks into electronic debits for next-day settlement. (Photo: ...

Salient 3 Communications Reports Year-End Net Asset Value.

Mar 12, 2003 ... Salient 3 Communications, Inc., (BULLETIN BOARD: STCIA) today announced that as of the end of its fiscal year and fourth quarter, ended January 3, 2003, its estimated net assets in liquidation per outstanding share were $1.01. After giving effect to the liquidating distribution of $0.50 ...

Cabot Microelectronics to Present at Commerce Capital Market's Specialty Chemical and Materials Conference.

Mar 12, 2003 ... Cabot Microelectronics Corp. , the leading supplier of chemical mechanical planarization (CMP) polishing slurries to the semiconductor industry, today announced that it will make a presentation at Commerce Capital Market's Specialty Chemicals and Materials Conference at 1:00 p.m. Eastern ...

Tenneco Automotive Elects Charles W. Cramb as New Director.

Mar 12, 2003 ... Tenneco Automotive announced that Charles W. Cramb has been elected to the company's board of directors. Charles Cramb has been senior vice president and chief financial officer of the Gillette Company, a $9 billion global manufacturer and marketer of consumer products, since 1997. He ...

Terra Industries Announces Board Reduction; Five Directors to Retire at Annual Meeting.

Mar 12, 2003 ... Five members of Terra Industries Inc.'s board of directors have announced plans to retire at Terra's May 6, 2003, annual meeting. The retiring board members are: <Pre> -- Edward G. Beimfohr, 70, a partner in the New York law firm Windels, Marx, Lane and Mittendorf LLP ....

Terra Industries Nominates Fraser to its Board of Directors.

Mar 12, 2003 ... Terra Industries Inc. announces the nomination of Dod A. Fraser, President, Sackett Partners Incorporated, to its board of directors. Fraser's nomination coincides with the planned retirement of five current board members. These changes will allow Terra to reduce the size of its board ...

DST Systems, Inc. Announces Notification of Earnings Release Date.

Mar 12, 2003 ... DST Systems, Inc. will release its financial results for the first quarter, ending March 31, 2003, on Tuesday, April 22, 2003, after the close of the market. The Company will host a conference call on Wednesday, April 23, 2003, at 10:00 A.M. Central Daylight Time (CDT). The dial-in number ...

MagStar Completes Sale and Leaseback.

Mar 12, 2003 ... MagStar Technologies, Inc. (BULLETIN BOARD: MGST) (formerly Reuter Manufacturing, Inc.) announced that on February 25, 2003, it sold and leased back its headquarters and manufacturing facility in Hopkins, Minnesota. The purchaser was Hopkins Eleventh Avenue LLC ("Eleventh Avenue"), an ...

T-Systems Verticalizes Toward Four Industries, Focuses on Key Accounts; Konrad F. Reiss Takes on Restructuring.

Mar 12, 2003 ... T-Systems International CEO Konrad F. Reiss is sharpening T-Systems' focus: the division of Deutsche Telekom is orienting its sales and service units vertically toward four industries and concentrating its key account management on the group's largest clients. The new structure signals ...

H&R Block Reports Interim Tax Season Data Through Feb. 28.

Mar 12, 2003 ... H&R Block Inc. said interim results for the current tax season through Feb. 28 indicate the continued impact of severe winter weather in key parts of the country, continued strength in the company's online and software businesses, and also a trend toward clients with greater tax ...

Alberto-Culver to Present at Merrill Lynch 16th Annual Global Branded Consumer Products Conference.

Mar 12, 2003 ... Alberto-Culver Company President and Chief Executive Officer, Howard B. Bernick, will provide an overview of the company, its long term strategies and respond to questions at the Merrill Lynch Global Branded Consumer Products Conference in New York on Tuesday, March 18, 2003. ...

Methode Electronics, Inc. Declares $0.05 Quarterly Dividend.

Mar 12, 2003 ... The Board of Directors of Methode Electronics, Inc. has declared a quarterly dividend of $0.05 per share to be paid on April 30, 2003, to shareholders of record at the close of business on April 15, 2003. About Methode Electronics Methode Electronics, Inc. is a ...

Boeing Communications Executive to Leave Company.

Mar 12, 2003 ... Judith Muhlberg, Boeing senior vice president of Communications, has decided to leave the company to spend more time with her family, Boeing Chairman and CEO Phil Condit announced today. "Judith has significantly increased the breadth and velocity of our global communications ...

Peoples Energy Provides Update on Refinancing Activity.

Mar 12, 2003 ... Peoples Energy today announced that it has closed on a new $150 million revolving credit facility and has completed $150 million of the approximately $300 million of debt refinancing planned in fiscal 2003 at its utility subsidiaries, The Peoples Gas Light and Coke Company and North Shore ...

Peabody Energy (NYSE: BTU) Extends Early Tender Date of Its Tender Offer For Outstanding Senior Notes and Senior Subordinated Notes.

Mar 12, 2003 ... Peabody Energy announced today that it has extended the expiration of the early tender date for its tender offer to purchase for cash any and all of its $317,098,000 outstanding principal amount of 8-7/8% Senior Notes due 2008 (CUSIP No. 693682AB2) and any and all of its $392,219,000 ...

Wm. Wrigley Jr. Company Announces Election of Directors and Officers.

Mar 12, 2003 ... At the Annual Stockholders' meeting of the Wm. Wrigley Jr. Company held yesterday in Chicago, the following directors were elected to serve until 2006: <Pre> John F. Bard Howard B. Bernick Melinda R. Rich </Pre> At the Board of Directors meeting held ...

aaiPharma Announces NDA Submission to FDA for M.V.I. Adult(TM).

Mar 12, 2003 ... aaiPharma Inc. announced today that a New Drug Application has been submitted to the U.S. Food and Drug Administration for M.V.I. Adult(TM). M.V.I. Adult(TM) is a reformulation of M.V.I.-12(R) in which concentrations of vitamins B1, B6, C, and folic acid are increased and vitamin K is ...

Ashland Inc. Chairman Joins American Chemistry Council Board.

Mar 12, 2003 ... Ashland Inc. chairman and chief executive officer James J. O'Brien has been elected to serve on the American Chemistry Council (ACC) board of directors. His term will expire Dec. 31, 2004. (Photo: http://www.newscom.com/cgi-bin/prnh/20001019/CHTH004LOGO ) O'Brien ...

Duke Energy Chairman and CEO Richard B. Priory to Speak at Morgan Stanley Electricity and Energy Conference Today; Priory Will Announce $200 Million Decrease in 2003 Capital Expenditures to Further Enhance Cash Flow.

Mar 12, 2003 ... Duke Energy Chairman and Chief Executive Officer Richard B. Priory will reiterate key initiatives for 2003 and discuss the company's improved cash flow outlook for the next three years during his presentation at the Morgan Stanley Electricity and Energy conference today in New York. ...

US LEC Wins Contracts With Financial Institutions in Tennessee and Kentucky; Carrier Continues Strong Growth in Sector.

Mar 12, 2003 ... On the heels of its recent record earnings report, US LEC Corp. , a super-regional telecommunications carrier providing integrated voice, data and Internet services to businesses, announced that it has been awarded contracts with Independent Bank in Memphis, Tennessee and Ascencia Bank in ...

Lucy Kinosian Hired Into Wachovia's International Banking Division.

Mar 12, 2003 ... Wachovia announced that Lucy Kinosian has joined the International Division's Emerging Europe Team as the Relationship Manager for Central and Eastern Europe. Kinosian will report to Dilek Mutus, the regional manager for the Emerging Europe group. Mutus is based in Istanbul, Turkey. ...

Coca-Cola(R) Presents Papa John's(R) as the Official Pizza Delivery of NCAA March Madness(R); Papa John's Offers Customers Special Slam Dunk Promotion.

Mar 12, 2003 ... Today Papa John's International America's third largest pizza chain, announced its beverage partner Coca-Cola's presentation of Papa John's as the Official Pizza Delivery of NCAA March Madness(R). Papa John's is offering customers a slam-dunk of a deal in March. Kicking off ...

Progress Energy Launches Redesigned Customer-Focused Web Site.

Mar 12, 2003 ... Progress Energy today launched a newly redesigned Progress Energy Web site, http://www.progress-energy.com, designed to be more user-friendly with more information and features for its nearly 3 million customers. (Photo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ...

Journal Picks Lockheed Martin/Simon & Schuster as Semifinalist For Outsourcing Award.

Mar 12, 2003 ... An innovative and nimble information technology outsourcing arrangement between New York publishing firm Simon & Schuster and Lockheed Martin has been recognized as one of 30 semifinalist pairings in Outsourcing Journal's Annual Editor's 2003 Choice Awards Program. The award ...

LendingTree to Present at the Allen & Company LLC 2003 Arizona Conference.

Mar 12, 2003 ... LendingTree, Inc. , the leading online lending exchange, announced that Douglas R. Lebda, founder and CEO, will present today at the Allen & Company LLC 2003 Arizona Conference in Scottsdale, Arizona. Mr. Lebda will present a business overview for the Company's lending and real ...

Summit Properties Declares First Quarter Dividend.

Mar 12, 2003 ... Summit Properties Inc. announced today that its Board of Directors declared a dividend of $0.3375 per share for the first quarter, payable May 15, 2003, to shareholders of record as of April 11, 2003. This represents an annualized dividend of $1.35 per share. Summit Properties ...

Special Counsel Announces National Resource Solutions Practice.

Mar 12, 2003 ... Special Counsel, the legal workforce solutions unit of MPS Group, Inc. , today announced that it has created National Resource Solutions, a new practice with the mission of developing and delivering services that complement the traditional legal workforce solutions offered nationally today ...

Polymer Group, Inc. Announces Resignation of Jerry Zucker As Chairman, President & CEO.

Mar 12, 2003 ... Polymer Group, Inc. (BULLETIN BOARD: POLGV POLBV) announced today that Jerry Zucker has resigned as Chairman, President & CEO and Director of the Company in order to focus his attention on his private company, The InterTech Group, Inc. Mr. Zucker has agreed to remain associated with the ...

Polymer Group, Inc. Announces Appointment of James L. Schaeffer to CEO.

Mar 12, 2003 ... Polymer Group, Inc. (BULLETIN BOARD: POLGV POLBV) announced today that James L. Schaeffer has been appointed as Chief Executive Officer. Mr. Schaeffer has been with the Company and its predecessors for 18 years, most recently as Executive Vice President of the Company and President of ...

Kirkland's Reports Fourth Quarter and Fiscal 2002 Results; * Fiscal 2002 Net Sales Increased 11.2% * Fiscal 2002 Comparable Store Sales Increased 8.4% * Pro Forma EPS Up 45.7% for the Year to $1.02 * Expects 2003 EPS Growth of 15% to 18%.

Mar 12, 2003 ... Kirkland's, Inc. today reported financial results for the 13-week and 52-week periods ended February 1, 2003. Net sales for the year ended February 1, 2003, increased 11.2% to $341.5 million from $307.2 million in the prior year. Comparable store sales for fiscal 2002 ...

Crescent Financial Corporation and Centennial Bank Announce Plans for Merger.

Mar 12, 2003 ... Crescent Financial Corporation , Cary, NC ("Crescent") and Centennial Bank, Southern Pines, NC ("Centennial") announced today the signing of a definitive agreement to merge whereby Centennial Bank would be merged into Crescent State Bank, the subsidiary bank of Crescent. The combined ...

Delco Remy International Announces Year End Operating Results.

Mar 12, 2003 ... Delco Remy International, Inc., a leading worldwide manufacturer and remanufacturer of automotive electrical and drivetrain/powertrain products, today announced its financial performance for the fourth quarter and year ended December 31, 2002. For the fourth quarter, the Company ...

Scripps Reports February Revenues.

Mar 12, 2003 ... The E. W. Scripps Company's consolidated revenues for February increased 14 percent year-over- year to $146 million. The company is reporting its February revenues as if it had owned the Shop At Home Network since January 2002. Excluding Shop At Home, consolidated February revenues were ...

Greif Opens New Steel Drum Plant in China.

Mar 12, 2003 ... Greif Bros. Corporation , a world leader in industrial packaging, today announced the official opening of its steel drum plant in Taicang, Jiangsu, China, a major international port near Shanghai. The plant will supply large steel drums to the petroleum, chemical, agrochemical, ...

Boykin Lodging Declares First Quarter Dividends.

Mar 12, 2003 ... Boykin Lodging Company , a hotel real estate investment trust, today announced that its Board of Directors has declared a first quarter dividend related to the Company's common shares. The common-share dividend of $0.18 per share will be payable on May 1, 2003, to shareholders of record ...

Cardinal Health and Expression Analysis form Strategic Alliance to Integrate Gene Expression Technology into Drug Development.

Mar 12, 2003 ... Cardinal Health, Inc. , the leading provider of products and services supporting the health care industry, today announced it has formed a strategic alliance with Expression Analysis, Inc., a microarray genetics testing and analysis company. The alliance incorporates advanced gene ...