HAYWARD, Calif., June 1 /PRNewswire-FirstCall/ -- Solta Medical, Inc. , a global leader in the medical aesthetics market, today announced that it will present at the 9th Annual Needham Healthcare Conference in New York City. The presentation is scheduled for Wednesday, June 9 at 3:30 pm ET. Stephen J. Fanning, Chairman, President and Chief Executive Officer, will review the company's business strategy and recent corporate events at both conferences.
Attendance at these conferences is by invitation only. Solta will offer a live audio webcast of these presentations which may be accessed at the Investor Relations section of the Company's website at http://www.solta.com/. An archived replay for both will be available for 30 days following each event at http://www.solta.com/.
About Solta Medical, Inc.
Solta Medical, Inc. is a global leader in the medical aesthetics market providing innovative, safe, and effective solutions for patients that enhance and expand the practice of medical aesthetics for physicians. The company offers products to address a range of skin issues under the industry's three premier brands: Thermage®, Fraxel® and Isolaz®. Thermage is an innovative, non-invasive radiofrequency procedure for tightening and contouring skin. As the leader in fractional laser technology, Fraxel delivers minimally invasive clinical solutions to resurface aging and sun damaged skin. Isolaz is the only laser or light based system indicated for the treatment of inflammatory acne, comedonal acne, pustular acne, and mild-to-moderate inflammatory acne. Since 2002, approximately one million Thermage, Fraxel and Isolaz procedures have been performed in over 100 countries. For more information about Solta Medical, call 1-877-782-2286 or log on to http://www.solta.com/.Solta Medical, Inc.
CONTACT: Jack Glenn, Chief Financial Officer of Solta Medical, Inc.,
+1-510-786-6890; or Doug Sherk or Jenifer Kirtland, both of EVC Group,
+1-415-896-6820, for Solta Medical, Inc.
Web Site: http://www.solta.com/
SAN FRANCISCO, June 1 /PRNewswire-FirstCall/ -- Visa Inc. today announced that Byron Pollitt, Chief Financial Officer, will participate in the following investor conferences:
-- On Tuesday, June 8, Mr. Pollitt will deliver a keynote presentation at the UBS Global Technology and Services Conference in New York. The presentation will begin at 8:00 a.m. Eastern Time and last for approximately one hour. -- On Wednesday, June 9, Mr. Pollitt will present at the RBC Capital Markets Technology, Media and Communications Conference in New York. The fireside chat will begin at 3:00 p.m. Eastern Time and last for approximately 55 minutes.
Each presentation will be webcast live and a replay will be archived for two weeks on the investor relations web site at http://investor.visa.com/
About Visa Inc.
Visa Inc. operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around the world, and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries. For more information, visit http://www.corporate.visa.com/.
Contacts: Investor Relations: Victoria Hyde-Dunn, 415-932-2213, firstname.lastname@example.org Media Relations: Paul Cohen, 415-932-2564, email@example.comVisa Inc.
CONTACT: Investor Relations, Victoria Hyde-Dunn, +1-415-932-2213,
firstname.lastname@example.org, or Media Relations, Paul Cohen, +1-415-932-2564,
Web Site: http://investor.visa.com/
TULSA, Okla., June 1 /PRNewswire-FirstCall/ -- ONEOK, Inc. and ONEOK Partners, L.P. will participate in the Citi Power, Gas, Coal and Alternative Energy Conference in Washington, D.C., on Tuesday, June 8, 2010.
Robert F. Martinovich, chief operating officer of ONEOK, Inc., and Curtis L. Dinan, chief financial officer and treasurer for both entities, will be conducting a series of one-on-one meetings with members of the investment community.
The materials utilized at the conference will be accessible on the ONEOK, Inc. and ONEOK Partners websites, http://www.oneok.com/, http://www.oneokpartners.com/, that morning, beginning at 7 a.m. Central Daylight Time.
ONEOK Partners, L.P. is one of the largest publicly traded master limited partnerships, and is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers. Its general partner is a wholly owned subsidiary of ONEOK, Inc. , a diversified energy company, which owns 42.8 percent of the overall partnership interest. ONEOK is one of the largest natural gas distributors in the United States, and its energy services operation focuses primarily on marketing natural gas and related services throughout the U.S.
ONEOK, Inc. is a diversified energy company. We are the general partner and own 42.8 percent of ONEOK Partners, L.P. , one of the largest publicly traded master limited partnerships, which is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers. ONEOK is among the largest natural gas distributors in the United States, serving more than two million customers in Oklahoma, Kansas and Texas. Our energy services operation focuses primarily on marketing natural gas and related services throughout the U.S. ONEOK is a FORTUNE 500 company and is included in Standard & Poor's (S&P) 500 Stock Index.
For more information, visit the websites at http://www.oneokpartners.com/ or http://www.oneok.com/.
OKE-FV OKS-FV Analyst Contact: Andrew Ziola 918-588-7163 Media Contact: Brad Borror 918-588-7582ONEOK, Inc.; ONEOK Partners, L.P.
CONTACT: Analysts, Andrew Ziola, +1-918-588-7163, or Media, Brad Borror,
+1-918-588-7582, both of ONEOK, Inc.
Web Site: http://www.oneok.com/
SHENZHEN, China, June 1 /PRNewswire-Asia-FirstCall/ -- Universal Travel Group ("Universal Travel Group" or the "Company"), a leading travel services provider in China, today announced that the Company's Chairwoman and CEO, Ms. Jiangping Jiang, was elected as a committee member in Shenzhen's fifth annual Chinese People's Political Consultative Conference (CPPCC) as a representative from the circle of The All-China Women's Federation.
CPPCC committee members are selected through consultation and recommendation, and represent various sectors of society in China, have social influence and are capable of participating in the deliberation and administration of state affairs. CPPCC members are required to maintain close ties with the public, to get acquainted with and report the public's desires and demands and to attend meetings and participate in activities organized by the CPPCC committees of which they are members. Ms. Jiang's nomination and successful election is a testament to her outstanding career achievement and generous charitable contributions. As a representative of the Women's Federation Circle, Ms. Jiang is recognized as a successful entrepreneur and will speak on behalf of her constituents on relevant issues.
Shenzhen's fifth CPPCC Committee has a total of 498 members and will submit three proposals on the topics of low-carbon urban construction, development of private education and improvement on the carrying capacity of the environmental resources. Shenzhen's fifth CPPCC is being held from May 29, 2010 to June 2, 2010.
"I am honored to be elected as one of the committee members of Shenzhen's fifth CPPCC," said Ms. Jiangping Jiang, Chairwoman and Chief Executive Officer. "In order to express my passion and dedication for my community and the domestic economy, I will actively participate in all discussions and serve as the voice for my constituent group."
About Universal Travel Group
Universal Travel Group is a leading travel services provider in China offering package tours, air ticketing, and hotel reservation services via the Internet and customer service representatives. The Company also operates TRIPEASY Kiosks, which are placed in shopping malls, office buildings, residential apartment buildings, and tourist sites. These kiosks are designed for travel booking with credit and bank cards, and serve as an advertising platform for Universal Travel Group. The Company's headquarters and main base of operations is in Shenzhen in the Pearl River Delta region of China. More recently, Universal Travel Group has expanded its business into Western China, opening a second home base in the Chongqing Delta region, and other attractive, under-penetrated tier-two travel markets throughout the country. For more information on the Company, please visit http://us.cnutg.com/ .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains certain statements that may include "forward- looking statements" within the meaning of federal securities laws. All statements, other than statements of historical facts, included herein are "forward-looking statements". Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company's ability to successfully expand its market presence and those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward- looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
# # # For more information, please contact: Company Contact: Mr. Jing Xie Secretary of Board and Vice President Universal Travel Group Phone: +86-755-8366-8489 Email: email@example.com Web: http://us.cnutg.com/ Investor Relations Contact: CCG Investor Relations Mr. Athan Dounis, Account Manager Phone: +1-646-213-1916 Email: firstname.lastname@example.org Mr. Crocker Coulson, President Phone: +1-646-213-1915 Email: email@example.com Website: http://www.ccgirasia.com/Universal Travel Group
CONTACT: Jing Xie, Secretary of Board and Vice President,
+86-755-8366-8489, firstname.lastname@example.org or us.cnutg.com, of Universal Travel Group;
Investor Relations Contact: Athan Dounis, Account Manager, +1-646-213-1916,
email@example.com, or Crocker Coulson, President, +1-646-213-1915,
firstname.lastname@example.org, both of CCG Investor Relations
Web site: http://us.cnutg.com/
KNOXVILLE, Tenn., June 1 /PRNewswire-FirstCall/ -- TeamHealth Holdings, Inc. ("TeamHealth") , one of the largest suppliers of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States, today announced that its management team will present at the Bank of America Merrill Lynch Smid Cap Conference on June 9, 2010, at the Intercontinental Boston in Boston, Mass. The presentation will begin at 9:40 a.m. Eastern time (ET). Interested investors and other parties may also listen to a simultaneous webcast of the presentation by logging on to the Investor Relations section of the company's website at http://www.teamhealth.com/. The on-line replay will be available immediately following the presentation and available until June 25, 2010.
To learn more about TeamHealth, please visit the company's website at http://www.teamhealth.com/. TeamHealth uses its website as a channel of distribution of material company information. Financial and other material information regarding TeamHealth is routinely posted on the company's website and is readily accessible.
TeamHealth (Knoxville, Tenn.) was founded in 1979 and has become one of the largest suppliers of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. Through its seven principal service lines located in 13 regional sites, TeamHealth's approximately 5,600 affiliated healthcare professionals provide emergency medicine, hospital medicine, anesthesia, teleradiology, and pediatric staffing and management services to approximately 520 civilian and military hospitals, clinics, and physician groups in 48 states. For more information about TeamHealth, visit http://www.teamhealth.com/.TeamHealth Holdings, Inc.
CONTACT: INVESTORS: David Jones, Chief Financial Officer,
+1-865-293-5299, MEDIA: Tracy Young, Vice President, Communications,
Web Site: http://www.teamhealth.com/
ST. LOUIS, June 1 /PRNewswire-FirstCall/ -- Patriot Coal Corporation today announced that seven operations were recognized for their 2009 safety performance at the Annual Meeting of the Joseph A. Holmes Safety Association. The following operations each received awards from the West Virginia Office of Miners Health, Safety & Training:
-- Big Mountain preparation plant -- Campbell's Creek No. 7 mine -- Coalburg No. 2 mine -- Guyan Surface mine -- Rivers Edge mine -- Rocklick's Matewan Tunnel operation
Additionally, the Samples Highwall Miner operation in the Paint Creek complex was presented the 2009 District 4 Pacesetter Award by the U.S. Mine Safety and Health Administration. This award is earned by operations with the lowest rate of injury as measured by non-fatal days lost.
"Safety is our top priority - period. Continuous improvement in safety performance is part of our daily routine, with an ultimate goal of zero accidents," said Patriot President & Chief Operating Officer Paul H. Vining. "We are pleased to be recognized with these prestigious awards. In particular, the fact that our safety performance was recognized at underground and surface mines, in addition to support facilities, attests to the effectiveness of our comprehensive safety program. I thank all of our employees for operating safely each day."
About Patriot Coal
Patriot Coal Corporation is a leading producer and marketer of coal in the eastern United States, with 14 current mining complexes in Appalachia and the Illinois Basin. The Company ships to domestic and international electric utilities, industrial users and metallurgical coal customers, and controls approximately 1.8 billion tons of proven and probable coal reserves. The Company's common stock trades on the New York Stock Exchange under the symbol PCX.
Forward Looking Statements
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. These statements involve certain risks and uncertainties that may be beyond our control and may cause our actual future results to differ materially from expectations. We do not undertake to update our forward-looking statements. Factors that could affect our results include, but are not limited to: price volatility and demand, particularly in higher margin products; geologic, equipment and operational risks associated with mining; changes in general economic conditions, including coal and power market conditions; the availability and costs of competing energy resources; legislative and regulatory developments; risks associated with environmental laws and compliance; developments in greenhouse gas emission regulation and treatment; coal mining laws and regulations; labor availability and relations; the outcome of pending or future litigation; changes in the costs to provide healthcare to eligible active employees and certain retirees under postretirement benefit obligations; changes in contribution requirements to multi-employer retiree healthcare and pension funds; reductions of purchases or deferral of deliveries by major customers; availability and costs of credit; customer performance and credit risks; inflationary trends; worldwide economic and political conditions; downturns in consumer and company spending; supplier and contract miner performance and the availability and cost of key equipment and commodities; availability and costs of transportation; the Company's ability to replace coal reserves; the outcome of commercial negotiations involving sales contracts or other transactions; our ability to respond to changing customer preferences; failure to comply with debt covenants; the effects of mergers, acquisitions and divestitures; and weather patterns affecting energy demand. The Company undertakes no obligation (and expressly disclaims any such obligation) to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For additional information concerning factors that could cause actual results to materially differ from those projected herein, please refer to the Company's Form 10-K and Form 10-Q reports.Patriot Coal Corporation
CONTACT: Janine Orf of Patriot Coal Corporation, +1-314-275-3680,
Web Site: http://www.patriotcoal.com/
SANTA ANA, Calif., June 1 /PRNewswire-FirstCall/ -- Grubb & Ellis Company , a leading real estate services and investment firm, today announced that the New York Stock Exchange has notified the company that it is back in compliance with the NYSE's continued listed standards.
The company, which had until February 2011 to regain compliance, said that the NYSE advised the company that its early decision was based on Grubb & Ellis' consistent positive performance with respect to the business plan submitted to the NYSE and the company's achievement of compliance with the NYSE's minimum market capitalization requirements over the past two quarters.
"We are pleased to have come back into compliance with the NYSE's continued listing standards on an accelerated basis," said Thomas P. D'Arcy, president and chief executive officer of Grubb & Ellis Company. "We believe this notice is a reflection of the progress we have made over the past six months in strengthening our capital structure and implementing our growth strategy, which is designed to produce long-term value for our shareowners."
About Grubb & Ellis Company
Grubb & Ellis Company is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Certain statements included in this press release may constitute forward-looking statements regarding, among other things, the ability of future revenue growth, market trends, new business opportunities and investment programs, results of operations, changes in expense levels and profitability and effects on the company of changes in the real estate markets. These statements involve known and unknown risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. Such factors which could adversely affect the company's ability to obtain these results include, among other things: (i) a continued or further slowdown in the volume and the decline in transaction values of sales and leasing transactions; (ii) the continuing general economic downturn and recessionary pressures on businesses in general; (iii) a prolonged and pronounced recession and continued decline in real estate markets and values; (iv) the unavailability of credit to finance real estate transactions; (v) the success of current and new investment programs; (vi) the success of new initiatives and investments; (vii) the inability to attain expected levels of revenue, performance, brand equity and expense reductions in the current macroeconomic and credit environment and (viii) other factors described in the company's annual report on Form 10-K/A for the fiscal year ending December 31, 2009, the company's 10-Q for the period ended March 31, 2010 and in other current reports on Form 8-K filed with the Securities and Exchange Commission (the "SEC"). The company does not undertake any obligation to update forward-looking statements.Grubb & Ellis Company
CONTACT: Janice McDill of Grubb & Ellis, +1-312-698-6707,
Web Site: http://www.grubb-ellis.com/
DETROIT, June 1 /PRNewswire/ -- As the tree planting and landscaping season gets under way, DTE Energy subsidiary Detroit Edison is encouraging customers to plant trees that will not grow into and interfere with power lines and underground transformers. Planting the right trees or shrubs in the right spot may prevent the need for trimming or possible removal in the future. Planting in the proper location also may help reduce the possibility of storm-related power outages.
"Detroit Edison each year trims thousands of trees to reduce the potential for power outages and to help ensure safe and reliable electrical service. Our customers can help prevent tree-related power outages as well, by planting trees where they won't eventually grow into power lines or by planting varieties that don't reach power-line height," said Vince Dow, DTE Energy vice president of Distribution Operations.
Tree interference is responsible for about two-thirds of the power outages that occur during storms. Storm-related outages can happen when high winds, rain and lightning damage trees and branches, causing them to fall into power lines.
"Tree purchases and landscaping are long-term investments," Dow said. "Planning for overhead and underground utility clearances can help customers protect their investments for years to come."
Planting to save energy
Because trees branch out, as well as up, the shape and spread of the tree needs to be considered. A local nursery can provide information on selecting the best tree to fit a yard.
In many newer subdivisions and commercial areas, power lines may be located underground. Transformer cabinets for underground utilities require periodic maintenance. An eight-foot clearance is required from the front of the transformer and a two-foot clearance is needed around the back and sides. Customers should keep these distances in mind when planning landscaping. Trees and bushes that obstruct the transformer cabinets will be removed if necessary to perform maintenance.
Well-planned landscaping and tree planting can help reduce home energy costs. Place trees that lose their leaves in the fall on the south and west sides of the house to provide shade, which may lower air conditioning costs. Evergreen trees planted on the north and west sides protect against winter winds, which can help reduce heating costs.
For more information about planting the right tree in the right place for appropriate utility clearance and energy savings, including a detailed listing of trees suitable for Southeastern Michigan, visit dteenergy.com and search for "tree planting guide."
Remove dead or dying ash trees
Dead and dying ash trees are a widespread problem due to the emerald ash borer, an insect that has invaded ash trees in several states. As a result of this infestation, ash trees, which may grow to heights of 60 feet, have become structurally unstable and may fall at any time, especially during a storm.
Because Detroit Edison is seeing more and more incidents in which ash trees are falling and damaging power lines, the company is encouraging people to remove these trees from their property. Although there is an expense involved with the tree removal, the potential for injury or death and damage to homes, vehicles or property is far worse.
Locating underground lines before planting
DTE Energy also reminds customers planning a landscaping project to avoid digging accidents by calling MISS DIG to locate underground utility lines. MISS DIG is a statewide, one-call center for construction safety and utility damage prevention. Customers can reach MISS DIG toll-free by calling 811 or (800) 482-7171. MISS DIG will contact the local utilities where the work is to be performed. Within three days, the utilities will use staking flags and/or paint to mark the approximate location of underground gas, electric, telephone, water, sewer and storm lines and drains.
"Digging accidents that damage utility lines can cause service disruptions, financial penalties, injury and even death," said Dow. "Making one quick toll-free call to MISS DIG is an easy way to prevent serious problems."DTE Energy
CONTACT: Eileen Dixon, +1-313-235-9154, or Len Singer, +1-313-235-8809,
both of DTE Energy
Web Site: http://www.dteenergy.com/
STATESVILLE, N.C., June 1 /PRNewswire-FirstCall/ -- Kewaunee Scientific Corporation announced today that its Board of Directors declared a quarterly cash dividend of ten cents per outstanding share, payable on June 25, 2010 to stockholders of record at the close of business on June 11, 2010.
Kewaunee Scientific Corporation is a recognized leader in the design, manufacture, and installation of scientific and technical furniture. The Company's corporate headquarters are located in Statesville, North Carolina. The Company's manufacturing facilities are located in Statesville and Bangalore, India. The Company has subsidiaries in Singapore and Bangalore that serve the Asian and Middle East markets. Kewaunee Scientific's website is located at http://www.kewaunee.com/
Contact: D. Michael Parker
704/871-3290Kewaunee Scientific Corporation
CONTACT: D. Michael Parker, +1-704-871-3290
Web Site: http://www.kewaunee.com/
PALO ALTO, Calif., June 1 /PRNewswire-FirstCall/ -- Jazz Pharmaceuticals, Inc. announced today that Bruce Cozadd, the company's Chairman and Chief Executive Officer, will present at the Jefferies 2010 Global Life Sciences Conference on Wednesday, June 9, 2010 at 3:30 p.m. Eastern Time at the Grand Hyatt Hotel in New York, NY.
A live webcast of the presentation may be accessed from the Investors section of the Jazz Pharmaceuticals website at http://www.jazzpharmaceuticals.com/. Please connect to the website prior to the start of the conference call to ensure adequate time for any software downloads that may be necessary to listen to the webcast.
About Jazz Pharmaceuticals, Inc.
Jazz Pharmaceuticals is a specialty pharmaceutical company that identifies, develops and commercializes innovative treatments for important, underserved markets in neurology and psychiatry. For further information see http://www.jazzpharmaceuticals.com/.Jazz Pharmaceuticals, Inc.
CONTACT: Shawn Mindus, Senior Director of Financial Planning, Analysis
and Strategy of Jazz Pharmaceuticals, Inc., +1-650-496-3777,
Web Site: http://www.jazzpharmaceuticals.com/
SEATTLE, June 1 /PRNewswire-FirstCall/ -- Trubion Pharmaceuticals, Inc. today announced it will present a corporate update at the 9th Annual Needham Healthcare Conference to be held at the New York Palace Hotel, 455 Madison Avenue in New York City. Michelle Burris, senior vice president and chief operating officer, and John Bencich, vice president and chief financial officer, are scheduled to present on Thursday, June 10 at 2:40 pm ET in the Henry conference room (5th floor). The presentation will be available via audio webcast at: http://www.wsw.com/webcast/needham38/trbn/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090320/TRUBIONLOGO) About Trubion
Trubion is a biopharmaceutical company that is creating a pipeline of novel protein therapeutic product candidates to treat autoimmune and inflammatory diseases and cancer. The Company's mission is to develop a variety of first-in-class and best-in-class product candidates, customized for optimal safety, efficacy and convenience that it believes may offer improved patient experiences. Trubion's current product candidates are novel single-chain protein, or SMIP(TM), therapeutics, and are designed using its custom drug assembly technology. Trubion's product pipeline includes CD20-directed SMIP therapeutics such as TRU-015 and SBI-087 for autoimmune and inflammatory diseases, developed under the Company's Pfizer collaboration. Trubion's product pipeline also includes TRU-016, a novel CD37-targeted therapy for the treatment of B-cell malignancies developed under the Company's Facet collaboration. In addition to Trubion's current clinical stage product pipeline, the Company is also developing its multi-specific SCORPION(TM) technology, both for targeting cell-surface molecules as well as simultaneously neutralizing soluble ligands. More information is available in the investors section of Trubion's website: http://investors.trubion.com/index.cfm.
TRBN-G Contact: Jim DeNike Senior Director, Corporate and Marketing Communications Trubion Pharmaceuticals, Inc. (206) 838-0500 email@example.com http://www.trubion.com/ Amy Petty Account Manager, Healthcare Practice Waggener Edstrom Worldwide (617) 576-5788 firstname.lastname@example.orgPhoto: http://www.newscom.com/cgi-bin/prnh/20090320/TRUBIONLOGO
CONTACT: Jim DeNike, Senior Director, Corporate and Marketing
Communications of Trubion Pharmaceuticals, Inc., +1-206-838-0500,
email@example.com; or Amy Petty, Account Manager, Healthcare Practice of
Waggener Edstrom Worldwide, +1-617-576-5788, firstname.lastname@example.org, for
Trubion Pharmaceuticals, Inc.
Web Site: http://www.trubion.com/
SMITHFIELD, Va., June 1 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. will announce its fiscal 2010 fourth quarter earnings on Thursday, June 17 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Daylight Time, Thursday, June 17. To listen via telephone, call (800) 230-1096. The call can be accessed live on the Internet at http://investors.smithfieldfoods.com/events.cfm. It also will be archived online at this location. A telephone replay will be available at (800) 475-6701 from June 17 at 11:00 a.m. until July 1 at 11:59 p.m. The replay access code is 160675.
Smithfield Foods is the world's largest pork processor and hog producer, with revenues exceeding $12 billion in fiscal 2009. For more information, visit http://www.smithfieldfoods.com/.Smithfield Foods, Inc.
CONTACT: Keira Ullrich, Smithfield Foods, Inc., +1-212-758-2100,
Web Site: http://www.smithfieldfoods.com/
MILWAUKEE, June 1 /PRNewswire/ -- We Energies has been honored by the Edison Electric Institute (EEI) with two awards: the 2010 Supplier Diversity Innovation Award, in recognition of the company's innovative efforts to encourage diversity among its suppliers, and the Vendor Opportunity Award, honoring the company's commitment, encouragement and mentoring of minority- and women-owned businesses. Southern California Edison and Georgia Power Company were also EEI diversity award recipients this year.
"These electric companies deserve praise for their efforts to expand purchasing opportunities for minority and women-owned businesses," said EEI President Thomas R. Kuhn. "Their efforts to broaden their supplier base keep them among the most competitive electric and natural gas delivery companies in the country. Their efforts also help the U.S. electric power industry to be among the strongest industries in the world."
Electric companies earn the Supplier Diversity Innovation award by setting a standard for other companies to follow. We Energies earned the innovation award by creating a strong supplier diversity policy signed by Chairman, President and Chief Executive Gale Klappa and by successfully seeking out and using minority suppliers for its finance, investing, and banking services.
"Utilizing diverse suppliers makes good business sense," says Jerry Fulmer, director of the company's Supplier Diversity Initiative. "Through our Supplier Diversity Initiative, we are committed to building meaningful business relationships with minority-owned, women-owned, veteran-owned and service disabled-owned businesses. The objective is to encourage and promote the development, use and growth of a broad base of suppliers who want to provide quality products and services."
We Energies serves more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 1 million natural gas customers in Wisconsin. We Energies is the trade name of Wisconsin Electric Power Company and Wisconsin Gas LLC, the principal utility subsidiaries of Wisconsin Energy Corporation . Visit the We Energies Web site at http://www.we-energies.com/. Learn more about Wisconsin Energy Corporation by visiting http://www.wisconsinenergy.com/.We Energies
CONTACT: Barry McNulty of We Energies, +1-414-221-4444, fax
Web Site: http://www.we-energies.com/
Company News On-Call: http://www.prnewswire.com/comp/947950.html
SAN FRANCISCO, June 1 /PRNewswire-FirstCall/ -- Net Impact today announced the finalist universities for a case competition with International Paper , a global leader in the paper and packaging industry, and Staples, Inc. , the world's largest office products company. The innovative collaboration between International Paper, Staples and Net Impact, teamed up MBA students from the Net Impact network to identify recycling solutions to help improve each company's environmental performance and bottom line.
"Our partnership with International Paper and Staples is a win-win," said Liz Maw, executive director, Net Impact. "While Net Impact student members are helping IP and Staples come together to uncover environmental opportunities, we are helping build environmentally responsible future business leaders."
From a pool of 10 teams, the three finalist universities selected to participate in a semester-long process are:
-- Blekinge Institute of Technology (Karlskrona, Sweden) -- Columbia University School of International and Public Affairs (New York City, N.Y.) -- University of Michigan, Stephen M. Ross School of Business / School of Natural Resources & Environment (Ann Arbor, Mich.)
"Working with Net Impact and International Paper on this case competition is a way for Staples to leverage some of the world's top students to apply their business and process expertise to address an issue with significant environmental implications," said Mark Buckley, vice president, environmental affairs, Staples. "Through the environmentally preferable products and recycling services that we offer customers and our commitment to renewable energy and green construction, Staples is focused on positive change that truly makes a difference in the world."
The three finalist teams have been working since February with key leaders at International Paper and Staples, discussing questions and reviewing the progress of their strategic plans. The teams are in the process of submitting their final plans, which will be evaluated by a panel of judges.
"The collaborative partnership with a valued customer like Staples and the Net Impact organization is just another step in our sustainability commitments," said David Kiser, IP's vice president, environment, health, safety and sustainability. "Exploring creative business solutions will help recover more renewable paper products and put them back to use. It will also support improving environmental footprints, sustaining socially responsible business practices and increasing economic returns."
For the past 20 years, recovery rates for paper and paperboard packaging have delivered a year-over-year increase. The paper industry has worked hard to exceed a 60 percent recovery rate, and even more creative efforts could further this positive trend.
The winning team will be announced in late June 2010 and will receive a $5,000 cash prize, one-year passes to the national parks, and free registration with a travel stipend for the Net Impact Conference at the University of Michigan in November 2010 - where the team will present its winning proposal. The other two finalist teams will receive $1,000 each.
About Net Impact
Net Impact is a global organization of students and professionals using business to improve the world. We offer a portfolio of programs and initiatives to educate, equip and inspire more than 15,000 members to make a tangible difference through business. Spanning six continents, our membership is one of the most influential networks of students and professionals in existence today and includes current and emerging leaders in corporate social responsibility, social entrepreneurship, nonprofit management, international development and environmental sustainability. For more information, please visit netimpact.org.
About International Paper
International Paper is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers, industrial and consumer packaging and distribution. Headquartered in Memphis, Tenn., the company employs about 56,000 people in more than 20 countries and serves customers worldwide. 2009 net sales were more than $23 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.
Staples, the world's largest office products company is committed to making it easy for customers to buy a wide range of office products and services. Our broad selection of office supplies, electronics, technology and office furniture as well as business services, including computer repair and copying and printing, helps our customers run their offices efficiently. With 2009 sales of $24 billion and 91,000 associates worldwide, Staples operates in 25 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Staples invented the office superstore concept in 1986 and today ranks second worldwide in e-commerce sales. The company is headquartered outside Boston. More information about Staples is available at staples.com/media.International Paper
CONTACT: Brenda Kiefer of Net Impact, email@example.com,
+1-415-495-4230 x 317; or Mark Crowley of Staples, Inc.,
firstname.lastname@example.org, +1-508-253-0767; or Rick Ouellette of International
Paper, email@example.com, +1-901-419-4274
Web Site: http://www.internationalpaper.com/
HOLLYWOOD, Calif., June 1 /PRNewswire/ -- WAITING FOR "SUPERMAN" launched its "Pledge Progress Meter" today on WaitingForSuperman.com. To kick it off, First Book has committed to donating 250,000 new books to schools and programs in low-income communities across the country once the pledge meter reaches 50,000 pledges.
By committing to see the film, an individual can take the first step to become part of the film's social action campaign to help fix America's failing public schools. First Book is the first sponsor of the Progress Meter, where non-profits, foundations and corporations will match individual pledge levels with powerful action items aimed at helping both students and public schools.
"First Book envisions a world where all children can grow up with enriched learning opportunities and an abundance of books in their homes and classrooms," said Kyle Zimmer, president and CEO, First Book. "As individuals take that first small step to pledge to see the film, they are joining with First Book in bringing thousands of new books to children who need them most."
WAITING FOR "SUPERMAN" directed by Davis Guggenheim (AN INCONVENIENT TRUTH) examines the crisis of public education in the United States through multiple interlocking stories. Designed to start a national conversation, the movie and corresponding "Take the Pledge" campaign aim to inspire everyone to create innovative and long-term solutions to help change the course of our kids' lives for the better.
People who have pledged are encouraged to see the film when it opens in their area beginning September 24. "Take the Pledge" is modeled after the "Demand It" campaign that launched PARANORMAL ACTIVITY to success last fall.
"The film is a powerful tool to convene a conversation on this issue," said Paramount Pictures' Co-President of Marketing, Megan Colligan. "People who pledge are not just showing their support for both the issue and the film, but they are inspiring action from non-profits, foundations and corporations that can make a difference immediately."
For more information about the movie, or to take the pledge go to http://www.waitingforsuperman.com/
To join the conversation visit us on Facebook at http://www.facebook.com/WaitingForSuperman
What does your school need? Tell us by Tweeting #MySchoolNeeds at http://www.twitter.com/WaitingSuperman
About the Film
From AN INCONVENIENT TRUTH director Davis Guggenheim comes WAITING FOR "SUPERMAN," a provocative and cogent examination of the crisis of public education in the United States told through multiple interlocking stories--from a handful of students and their families whose futures hang in the balance, to the educators and reformers trying to find real and lasting solutions within a dysfunctional system. Tackling such politically radioactive topics as the power of teachers' unions and the entrenchment of school bureaucracies, Guggenheim reveals the invisible forces that have held true education reform back for decades.
The film is produced by Lesley Chilcott, with Participant Media's Jeff Skoll and Diane Weyermann serving as executive producers. It is written by Davis Guggenheim & Billy Kimball.
About Paramount Pictures Corporation
Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom , a leading content company with prominent and respected film, television and digital entertainment brands. The company's labels include Paramount Pictures, Paramount Vantage, Paramount Classics, MTV Films and Nickelodeon Movies. PPC operations also include Paramount Digital Entertainment, Paramount Famous Productions, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., Paramount Studio Group, and Worldwide Television Distribution.
About Participant Media
Participant Media is a Los Angeles-based entertainment company that focuses on socially relevant, commercially viable feature films, documentaries and television, as well as publishing and digital media. Participant Media is headed by CEO Jim Berk and was founded in 2004 by philanthropist Jeff Skoll, who serves as Chairman. Ricky Strauss is President.
Participant exists to tell compelling, entertaining stories that bring to the forefront real issues that shape our lives. For each of its projects, Participant creates extensive social action and advocacy programs, which provide ideas and tools to transform the impact of the media experience into individual and community action. Participant films include The Kite Runner, Charlie Wilson's War, Darfur Now, An Inconvenient Truth, Good Night, and Good Luck, Syriana, Standard Operating Procedure, The Visitor, The Soloist, Food, Inc. and The Informant!
About Walden Media
Walden Media specializes in entertainment for the whole family. Past award-winning films include: the "Chronicles of Narnia" series, "Journey to the Center of the Earth", "Nim's Island" and "Charlotte's Web." Upcoming films include "Ramona & Beezus" based on the best-selling book series by Beverly Cleary and starring Selena Gomez, and the latest installment in "Narnia" franchise: "The Chronicles of Narnia: The Voyage of the Dawn Treader."
About First Book
First Book provides new books to children in need addressing one of the most important factors affecting literacy - access to books. An innovative leader in social enterprise, First Book has distributed 70 million free and low cost books in thousands of communities. First Book has offices in the U.S. and Canada. For more information about the nonprofit First Book please visit http://www.firstbook.org/.Photo: http://www.newscom.com/cgi-bin/prnh/19991206/PARLOGO
CONTACT: Katie Martin Kelley, EVP, Publicity of Paramount Pictures,
+1-323-956-2821, KMK@Paramount.com; or Jeff Sakson, SVP, Publicity of
Participant Media, +1-310-550-5109, Jeff.Sakson@ParticipantMedia.com; or
Heather Phillips, SVP, Marketing of Walden Media, +1-424-202-6614,
firstname.lastname@example.org; or Mary Beth Fresh, Director, Strategic Alliances of
First Book, +1-202-639-0115, email@example.com
Web Site: http://www.waitingforsuperman.com/
CHICAGO, June 1 /PRNewswire-FirstCall/ -- Lifeway Kefir, the nutritious probiotic beverage made by Lifeway Foods, is ready for its closeup in the new 'Sex and the City 2' movie. A bottle of Lifeway Kefir can be seen in the kitchen of the fictional character Miranda Hobbes in one scene in the movie, reflecting the appeal of the product to health- and body-conscious women like those depicted in the Emmy award-winning 'Sex and the City' television series and its two spinoff feature films.
"Ten years ago, Lifeway Kefir was a niche product. Today it's mainstream. Nothing makes that clearer than seeing it in a movie like 'Sex and the City 2' with stars like Sarah Jessica Parker and a pedigree that includes six years of top TV ratings," said Lifeway Foods CEO Julie Smolyansky. "This is excellent exposure for our brand among one of our primary target audiences - health-minded women in the 25-54 age bracket. It's hard to imagine a better fit for a movie placement."
Lifeway Kefir is a good-for-you beverage that combines the creaminess of a milkshake or smoothie with the tang of yogurt and 10 live probiotic cultures per cup. Those active cultures - two or three times as many as there are in yogurt - are believed to play a role in aiding digestion, boosting immunity, promoting weight loss, fighting lactose intolerance, preventing certain side effects from antibiotics, and helping lower cholesterol.
Lifeway Kefir comes in 10 flavors, including plain, vanilla, strawberry, raspberry, cherry, cappucinno, banana/strawberry, peach, blueberry and pomegranate. Organic, low-fat and no-fat varieties are available.
The company also recently introduced Green Kefir with Phytoboost(TM), which includes the same 10 live probiotic cultures as its regular kefir plus the antioxidant power of 10 green vegetables and green tea extract in a single serving. These newest kefirs are available in Kiwi Passion Fruit and Pomegranate Acai Blueberry flavors that are packed with 80 mg of plant-based polyphenols to neutralize free radicals and help fight disease.
About Lifeway Foods
Lifeway Foods, Inc. (LWAY), recently named one of Fortune Small Business' Fastest Growing Companies for the fourth consecutive year, is America's leading supplier of the cultured dairy product, known as Kefir, and Organic Kefir. Lifeway Kefir is a dairy beverage that contains 10 exclusive live and active probiotic cultures. While most regular yogurt contains only two or three of these "friendly" cultures, Lifeway Kefir products offer even more nutritional benefits. Lifeway produces 10 different flavors of its drinkable Kefir and Organic Kefir beverage, and recently introduced a series of innovative new products such as a children's line of Organic Kefir products called ProBugs (TM) with a no-spill pouch and kid-friendly flavors like Orange Creamy Crawler, Goo Berry Pie, Strawnana Split, and Sublime Slime Lime. In addition to its line of Kefir products, the company produces a variety of probiotic cheese products. Lifeway also sells frozen kefir and kefir smoothies through its Starfruit(TM) retail stores.
This news release contains forward-looking statements. Investors are cautioned that actual results may differ materially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, competitive pressures and other important factors detailed in the Company's reports filed with the Securities and Exchange Commission.
MEDIA CONTACT: Erin O'Connor SS|PR (847) 415-9320 firstname.lastname@example.orgLifeway Foods, Inc.
CONTACT: Erin O'Connor of SS|PR, +1-847-415-9320, email@example.com, for
Lifeway Foods, Inc.
Web Site: http://www.kefir.com/
NINGBO, China, June 1 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP; formerly OTC Bulletin Board: SVPE), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, today announced that it changed its name from Silver Pearl Enterprises, Inc. to Keyuan Petrochemicals, Inc. effective May 17, 2010. In connection with this name change, as of the open of business on June 2, 2010, the Company has the following new trading symbol: "KYNP."
The purpose of the name change is to better reflect Keyuan's significant growth opportunities as a leading independent manufacturer and supplier of various petrochemical products in China, and as it expands its production and storage capacity to capitalize on China's growing demand for refined petrochemical products. This growing demand, which has surpassed supply in recent years, has led to record contract signings and backlog for Keyuan's various products.
"Our new corporate name reinforces our focus on serving the needs of our many valued customers as we increase our production and storage capacity to meet China's growing demand for refined petrochemical products," stated Mr. Chunfeng Tao, founder, chairman and chief executive officer of the Company. "With our expanded facilities, which will include manufacturing technologies that enable us to achieve above-industry-average margins by reducing raw material costs and increasing utilization rates and yields, we believe we are well-positioned to drive significant revenue and earnings growth as we continue to build on being a leading producer of refined petrochemical products in China."
Growing demand driven by China's robust economic growth, coupled with under-developed domestic production capacity, has led to an imbalance in supply and demand for refined petrochemical products that is likely to persist for many years. As a result of this imbalance, China was forced to import an average of 3.1 million tons of refined petrochemical products per month in 2009. Additionally, China's demand for asphalt has outpaced supply for five consecutive years with total imports of 3.3 million metric tons (MT) in 2008.
Due to these market conditions, Keyuan's customer orders for 2010 have exceeded the Company's current annual production capacity. To meet increasing market demand and to grow the Company, Keyuan plans to expand its petrochemical manufacturing capacity to 600,000 MT this year. The Company also plans to double its storage capacity to 200,000 MT by the end of 2011, and to add a new raw material pre-treatment facility and an asphalt production facility in 2012. For fiscal year 2010, Keyuan expects to generate revenue of approximately $461.3 million and net income of approximately $36.3 million, excluding public company expenses. In 2010, gross margins are expected to improve to 12%, with net margins expected to improve to 8.0%.
About Keyuan Petrochemicals, Inc.
Keyuan Petrochemicals, Inc., established in 2007 and operating through its wholly-owned subsidiary, Keyuan Plastics, Co. Ltd., is located in Ningbo, China and is a leading independent manufacturer and supplier of various petrochemical products. Having commenced production in October 2009, Keyuan's operations include an annual petrochemical manufacturing capacity of 550,000 MT of a variety of petrochemical products, with facilities for the storage and loading of raw materials and finished goods, and a technology that supports the manufacturing process with low raw material costs and high utilization and yields. In order to meet increasing market demand, Keyuan plans to expand its manufacturing capacity to include a raw material pre-treatment facility, additional storage capacity and an asphalt production facility.
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of Keyuan Petrochemicals, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the impact of the proceeds from the private placement on the Company's short term business and operations, the general ability of the Company to achieve its commercial objectives, including the ability of the Company to sustain growth; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov/ ). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward looking statements.
For more information, please contact: Investor Relations: HC International, Inc. Ted Haberfield Executive VP Tel: +1-760-755-2716 Email: firstname.lastname@example.org Mr. Andrew Haag, Managing Partner, USA Hampton Growth, LLC Tel: +1-877-368-3566 Email: email@example.com Website: http://www.hamptongrowth.com/Keyuan Petrochemicals, Inc.
CONTACT: Ted Haberfield, Executive VP of HC International, Inc.,
+1-760-755-2716, firstname.lastname@example.org, or Andrew Haag, Managing
Partner, USA, of Hampton Growth, LLC, +1-877-368-3566,
UNION, N.J., June 1 /PRNewswire-FirstCall/ -- Elizabethtown Gas (ETG) announced today it has filed its Basic Gas Supply Service (BGSS) petition with the New Jersey Board of Public Utilities (NJBPU) as required for a gas commodity cost charge. In the filing, the company is proposing to maintain the current rate of $0.8031 through the next gas cost recovery period, which starts October 1.
Natural gas prices are expected to remain low, with an abundant supply of natural gas in storage heading into the summer months.
"We are happy that we are able to maintain our existing rate and we strive to obtain low-cost, reliable supplies for our customers," said Don Carter, vice president, Elizabethtown Gas.
The BGSS clause serves as the mechanism to pass along gas costs directly to customers. This portion of the customer's bill - about 65 percent of the total bill - is a direct pass-through charge without any mark-up from Elizabethtown Gas.
"Customers can also reduce their monthly natural gas bills by taking advantage of energySMART," said Carter. "Our energySMART programs can help customers save money on measures they can take to improve energy efficiency while potentially increasing the value of their homes. One of the programs offers qualified residential customers a $900 rebate from Elizabethtown Gas if they install a new high-efficiency natural gas furnace."
For more details on our energySMART program visit http://www.elizabethtowngas.com/.
About Elizabethtown Gas
Elizabethtown Gas, a wholly owned subsidiary of AGL Resources , provides natural gas delivery service to approximately 273,000 residential, business and industrial natural gas customers in New Jersey. In operation since 1855, the company serves parts of Union, Middlesex, Sussex, Warren, Hunterdon, Morris and Mercer counties. For more information, visit http://www.elizabethtowngas.com/
About AGL Resources
AGL Resources , an Atlanta-based energy services company, serves approximately 2.3 million customers in six states. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout North America. As an 85-percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit http://www.aglresources.com/.
Certain expectations and projections regarding our future performance referenced in this press release are forward-looking statements. Forward-looking statements involve matters that are not historical facts and because these statements involve anticipated events or conditions, forward-looking statements often include words such as "anticipate," "assume," "believe," "can," "could," "estimate," "expect," "forecast," "future," "goal," "indicate," "intend," "may," "outlook," "plan," "potential," "predict," "project," "seek," "should," "target," "would," or similar expressions. Forward-looking statements contained in this press release include, without limitation, the projection of the average residential customer's annual bill in 2010 to be lower than in 2009, our belief that natural gas prices should remain low and in abundant supply in storage heading into the summer months, and our ability to obtain low cost, reliable supplies for our customers. Our expectations are not guarantees and are based on currently available competitive, financial and economic data along with our operating plans. While we believe our expectations are reasonable in view of the currently available information, our expectations are subject to future events, risks and uncertainties, and there are several factors - many beyond our control - that could cause results to differ significantly from our expectations.
Such events, risks and uncertainties include, but are not limited to, changes in price, supply and demand for natural gas and related products; the impact of changes in state and federal legislation and regulation including changes related to climate change; actions taken by government agencies on rates and other matters; utility and energy industry consolidation; financial market conditions, including recent disruptions in the capital markets and lending environment and the current economic downturn; the impact of natural disasters such as hurricanes on the supply and price of natural gas; acts of war or terrorism; and other factors which are described in detail in our filings with the Securities and Exchange Commission, which we incorporate by reference in this press release. Forward-looking statements are only as of the date they are made, and we do not undertake to update these statements to reflect subsequent changes.AGL Resources
CONTACT: Tami Gerke, AGL Resources, Office: +1-404-584-3873, Cell:
Web Site: http://www.aglresources.com/
MAUMEE, Ohio, June 1 /PRNewswire-FirstCall/ -- Dana Holding Corporation announced today that company Treasurer Ralph Than will participate in the upcoming 2010 Industrials Conference, hosted by Deutsche Bank Securities, in Chicago. Mr. Than will present from 3:05 p.m. to 3:40 p.m. EDT on Wednesday, June 23, discussing Dana's progress on financial performance.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
Information on accessing a live webcast will be posted to Dana's Investor Web site (http://www.dana.com/investors) prior to the event. In addition, the audio replay of Mr. Than's remarks will be available the next business day via the Dana Investor Web site.
About Dana Holding Corporation
Dana is a world leader in the supply of axles; driveshafts; sealing and thermal-management products; and genuine service parts. The company's customer base includes virtually every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets. Based in Maumee, Ohio, the company employs approximately 21,000 people in 26 countries and reported 2009 sales of $5.2 billion. For more information, please visit: http://www.dana.com/.Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA
CONTACT: Media: Chuck Hartlage, +1-419-887-5123, Investors: Lillian
Etzkorn, +1-419-887-5160, or Craig Barber, +1-419-887-5166
Web Site: http://www.dana.com/
DELAWARE, Ohio, June 1 /PRNewswire-FirstCall/ -- The Board of Directors of Greif, Inc. today declared quarterly cash dividends of $0.42 per share of Class A Common Stock and $0.63 per share of Class B Common Stock.
Mike Gasser, Greif chairman and CEO, said, "Today's dividend announcement signifies the seventh increase in the last 10 years, and we are particularly pleased that the Board approved the 10.5 percent increase compared to the same period last year for both classes of stock. The increase is consistent with our targeted dividend payout ratio of 30 to 35 percent over a complete business cycle."
The dividends are payable on July 1, 2010, to shareholders of record at close of business on June 18, 2010.
Greif, Inc. is a world leader in industrial packaging products and services. The company produces steel, plastic, fibre, flexible and corrugated containers, packaging accessories and containerboard, and provides blending and packaging services for a wide range of industries. Greif also manages timber properties in North America. The company is strategically positioned in more than 45 countries to serve global as well as regional customers. Additional information is on the company's Web site at http://www.greif.com/.Greif, Inc.
CONTACT: Deb Strohmaier, APR, Vice President, Communications,
Web Site: http://www.greif.com/
CLEVELAND, June 1 /PRNewswire/ -- Consumers searching for the perfect thoughtful gift can now find it without ever leaving their home. Today, AmericanGreetings.com and BlueMountain.com, from the American Greetings Corporation interactive division, announced that they are offering Amazon.com Gift Cards as part of the e-card experience. Members on either site can now include an electronic gift card, redeemable at the popular retail site, with an e-card to create a gift that is as convenient as it is fun.
To take advantage of the innovative combination, consumers simply need to choose their e-card, select the option of adding the gift card and determine the amount they want to give. Each e-card sent with an Amazon.com Gift Card will include a unique claim code that can be redeemed at http://www.amazon.com/. Lucky recipients can choose from a huge selection of books, electronics, music, DVD's, software, apparel, toys and more.
The inclusion of Amazon.com Gift Cards is just the latest introduction from American Greetings Interactive division to give consumers exciting new ways to connect.
"We know that our members are very thoughtful and enjoy celebrating their relationships, and we believe that the pairing of great digital e-cards and this online gifting option will really resonate with them and the friends and family they will share it with," said Michael Waxman-Lenz, senior vice president and general manager of AmericanGreetings.com. "We are always looking for new ways to make our e-cards even more special and fun, and with this latest offering we are able to introduce another way for our members to connect like never before."
For more information on the Amazon Gift Card addition, visit, http://www.americangreetings.com//learnmore/amazon/giftcard.pd
About American Greetings Corporation
For more than 100 years, American Greetings Corporation has been a manufacturer and retailer of innovative social expression products that assist consumers in enhancing their relationships. The Company's major greeting card lines are American Greetings, Carlton Cards, Gibson, Recycled Paper Greetings and Papyrus, and other paper product offerings include DesignWare party goods, American Greetings and Plus Mark gift-wrap and boxed cards. American Greetings also has the largest collection of electronic greetings on the Web, including cards available at AmericanGreetings.com through AG Interactive, Inc. (the Company's online division). AG Interactive also offers digital photo sharing and personal publishing at PhotoWorks.com and Webshots.com and a one-stop source for online graphics and animations at Kiwee.com. In addition to its product lines, American Greetings also creates and licenses popular character brands through the American Greetings Properties group. Headquartered in Cleveland, Ohio, American Greetings generates annual revenue of approximately $1.6 billion, and its products can be found in retail outlets domestically and worldwide. For more information on the Company, visit http://corporate.americangreetings.com/.American Greetings Corporation
CONTACT: Frank Cirillo of American Greetings Corporation,
+1-216-252-7300, x4806, email@example.com
Web Site: http://www.corporate.americangreetings.com/
Company News On-Call: http://www.prnewswire.com/comp/044150.html
QADIMA, Israel, June 1, 2010 /PRNewswire-FirstCall/ -- Elbit Vision Systems Ltd. announced today that following extensive negotiations, the Company has successfully received the preliminary consent of its two banks, Bank Le'umi Le'Israel BM and Bank Hapoalim BM (the "Banks"), for the restructuring of its bank debt. The Company has in recent weeks been working closely with a special auditor appointed by the Banks in order to maintain the Company's status as a going concern. Pursuant to the agreements with the Banks, the Banks will forgive approximately $2M of debt from the Company and its subsidiary ScanMaster Systems (IRT) Ltd. ("Scan"), and have agreed to the repayment of by the Company approximately $1M over 5 years and a further $600K over 10 years. The Banks have also agreed that Scan will repay approximately $2M in debt over 10 years.
The agreement of the Banks is subject to the consummation of a transaction for the sale of Scan to a group of purchasers led by David Gal, the former CEO and Chairman of the Board of EVS, and Ofer Sela, the Company's former EVP, R&D Operations. In connection with the sale of Scan, the purchasers shall inject the sum of $1.45M into Scan out of which EVS, in consideration for the sale, shall be paid approximately 500K in satisfaction of certain debts owed to EVS. Pursuant to the agreement, Scan will also undertake to repay EVS the sum of $675K in satisfaction of all remaining debts, over a period of 10 years in equal quarterly installments with interest at the US Dollar annual LIBOR rate. If Scan fails to engage in any projects for the inspection of rail tracks for a period of two years, EVS will forgive all remaining balance of the $675K debt up to a maximum of $450K.
Following the completion of the sale of Scan, EVS will sell to Scan all of the US operations of ScanMaster IRT Inc., its US subsidiary.
The Banks have also conditioned their approval for the debt restructuring and the sale of Scan on certain commitments by Yaron Menashe the Company's former CFO of and Sam Cohen, the Company's former President of EVS US, Inc., who recently purchased in separate transactions all of the shares and warrants of the Company's former major shareholder M.S.N.D Real Estate Holdings Ltd. ("Mivtach Shamir"). Pursuant to the arrangement, each of Sam Cohen and Yaron Menashe, who will be serving as the Company's CEO and CFO respectively, following the completion of the sale of Scan, will provide EVS with loan of $50,000, which shall be repaid commencing Jan 1 2013, provided that certain financial milestones set by the Banks are satisfied. Each of Yaron Menashe and Sam Cohen are also required to postpone payment to them of the first $50,000 that they are owed by EVS for their services following the closing of the transaction.
Immediately following the sale of Scan, all the members of the Company's Board of Directors, other than Amos Uzani, the Company's external director, will resign and Sam Cohen and Yaron Menashe will be appointed to the Board. Additionally, at the closing, Gal Barak will resign as the Company's CEO and Sam Cohen will be appointed in his place.
The Company expects the sale of Scan and all the closing conditions for the debt restructuring to be fulfilled before the end of the week.
The Company's Board of Directors also approved the final documentation for the repayment of an $850K loan received in early 2010 from Mivtach Shamir, and approved by the Company's Audit Committee and Board of Directors in February 2010. Pursuant to the repayment terms, Mivtach Shamir will be repaid its debt over 5 years in equal quarterly installments with interest at the US Dollar annual LIBOR rate.
Ran Eisenberg, Chairman, said, "Over recent weeks, the Board of Directors of the Company, together with management and the Banks have worked tirelessly to find a solution to the significant debts which were severely affecting the Company's ability to continue to operate. I am happy that all the hard work has paid off and that following the sale of ScanMaster, the significant reduction of the Company's debt burden and the restructuring of the Company's continuing debt, EVS with a leaner but dedicated team will be in a better position to focus on growing its core business of automated visual inspection systems. It is this business which in recent years has provided the Company with the majority of its revenues, and business and I wish the best of luck to the new team and am confident that they will bring the Company and its shareholders much success. On behalf of the Company's management I would also like to thank Mivtach Shamir for its financial support over the last three years which ensured EVS' ability to maintain its operations during a very difficult period."
Sam Cohen, said "I began my career at EVS 18 years ago and have worked in most of the technical, operational and business positions at the Company, both in Israel and the US. I feel uniquely qualified to leverage my knowledge of the Company, its workforce, its product and its clients, to take the Company's business to a new level. As both the CEO and one the Company's major shareholders I am personally invested in ensuring the Company's success and I look forward to taking responsibility for producing value for the Company's shareholders and rewarding them for their faith in a Company in which I strongly believe. I would also like to thank Ran Eisenberg for his service to EVS as its CEO and Chairman of the Board at a critical time in the Company's history, and for his unceasing efforts to secure the future of the Company."
About Elbit Vision Systems Ltd. (EVS)
EVS offers a broad portfolio of automatic State-of-the-Art Visual Inspection Systems for both in-line and off-line applications, and quality monitoring systems used to improve product quality, safety, and increase production efficiency. EVS' systems are used by over 600 customers, many of which are leading global companies. The headquarters, manufacturing and R&D of EVS are all located in Israel. A worldwide Sales and Service network supports markets as well as systems already installed, in Asia, Europe, Africa, Australia and the Americas.
This press release and other releases are available on http://www.evs-sm.com/
Safe Harbor Statement
This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties, such as market acceptance of new products and our ability to execute production on orders, which could cause actual results to differ materially from those in the statements included in this press release. Although EVS believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. EVS disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or otherwise. EVS undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
Company Contact Information: Yaron Menashe Tel: +972-9-8661-601 firstname.lastname@example.orgElbit Vision Systems Ltd
CONTACT: Company Contact Information: Yaron Menashe, Tel:
TULSA, Okla., June 1 /PRNewswire-FirstCall/ -- US Highland, Inc. (OTC Bulletin Board: UHLN), a US based designer and manufacturer of high performance, premium quality Motocross, Supermoto, Quad and Enduro motorcycles, commenced operations of a new 14 acre / 33,000 square foot building complex with a successful Memorial Day Open House event.
On May 30th 2010, US Highland opened its doors and welcomed the public to showcase its new 33,000 square foot headquarters including R&D and production facilities. Over 800 attendees visited US Highland during the day-long event enjoying tours of the facility, great food and test rides of the Highland motorcycles on their factory test track. Visitors traveled in from as far as England, Spain, Northern Europe, Italy and Canada and from all over the USA and included motorcycle dealers, government and business leaders and reporters in print media, radio and TV.
"We have worked diligently for two years for this day. To bring about such success and create so many jobs in such a short period of time has been extremely rewarding for us all. We are grateful to all who have supported our efforts, both in the USA and in Sweden and look forward to our wonderful growth opportunities," stated Mats Malmberg, President of US Highland, Inc.
Chase Bales, COO of US Highland, Inc. commented that he was very pleased to see the lines of people gearing up and riding the bikes on the Highland Factory Test Track. "It is amazing to welcome dealers and watch riders from so many regions with such widely varying experience levels come out here and enjoy the product of our American US Highland craftsmen. We are proud of the quality and performance of our Highland bikes and we have already received strong interest from dealers and consumers."
About US Highland, Inc.
US Highland, Inc., is a US based designer and manufacturer of high performance, premium quality Motocross, Supermoto, Quad and Enduro motorcycles. The Company is also a leading development and engineering partner for leading OEMs around the world. For additional information concerning US Highland, Inc. visit http://www.ushighland.com/.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Investor Relations Contact: Joe Noel (925) 922-2560 email@example.comUS Highland, Inc.
CONTACT: Joe Noel, Investor Relations, +1-925-922-2560,
firstname.lastname@example.org, for US Highland, Inc.
Web Site: http://www.ushighland.com/
CHICAGO, June 1 /PRNewswire/ -- With a more than 70 percent increase this year in cases involving con artists impersonating ComEd workers to obtain cash or personal information from customers, ComEd is warning customers to protect themselves.
ComEd officials report that impersonators use a number of tactics to snare their victims. In some cases, the scam artists wore plain clothes, and other times they wore some clothing similar to a utility worker such as a hard hat, a shirt with a ComEd logo, or a generic orange safety vest.
And with the number of impersonations rising at an alarming rate, what should customers do?
1.) Always ask to see a company photo ID before allowing any utility worker into your home or business.
2.) Never pay on-site for "services." ComEd employees never will ask for cash payments or personal banking information.
3.) Be skeptical of individuals wearing clothing with old or defaced ComEd logos. If you have any doubts, ask to see a company photo ID.
ComEd Vice President of Strategic & Support Services Rita Stols said the key is to always ask to see a company photo ID before letting anyone into your home or business. This applies whether the individual identifies himself as a utility worker, a postal carrier or cable technician.
"Twelve incidents have been reported to ComEd so far this year, up from seven for all of 2009," Stols said. "Other utilities have reported additional incidents, and a wide variety of customers have been targeted, ranging from individuals to a church to small businesses. So everyone should be on the alert."
Customers have reported losing as much as $700, but in some cases, customers' skepticism has protected them from being scammed.
The most recent incident occurred on May 27 on Chicago's Northwest Side when a customer reported that a man knocked and claimed to be a ComEd employee. The man asked several questions about the customer's home and requested to enter. When he would not show a company ID, the resident refused and contacted the police and ComEd. No arrest has been made.
If you believe you are a victim of a scam, please report it your local police and call ComEd security at 800-550-6154.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation , one of the nation's largest electric utilities with approximately 5.4 million customers. ComEd provides service to approximately 3.8 million customers across northern Illinois, or 70 percent of the state's population.ComEd
CONTACT: ComEd Media Relations, +1-312-394-3500
Web Site: http://www.exeloncorp.com/
HAYWARD, Calif., June 1 /PRNewswire-FirstCall/ -- Ultra Clean Holdings, Inc. , a leading outsource solution provider for a variety of complex modules ranging from liquid & gas delivery systems to turnkey system integration for the semiconductor capital equipment, medical device, research, flat panel, and energy industries, announced that Clarence Granger, Chairman and Chief Executive Officer, and Casey Eichler, Chief Financial Officer, will address the UBS Global Technology and Services Conference. The presentation will take place at the Crowne Plaza Times Square Hotel in New York City June 9th, 2010 at 9:00AM Eastern Daylight Time.
A link to the webcast will be available on the Investor Relations section of the Company's website at http://www.uct.com/ during the live presentation. A replay of the webcast will be available approximately one hour after the live presentation.
About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a developer and supplier of critical subsystems for the semiconductor capital equipment industry. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers of semiconductor capital equipment. Ultra Clean is headquartered in Hayward, California. Additional information is available at http://www.uct.com/.Ultra Clean Holdings, Inc.
CONTACT: Casey Eichler, Chief Financial Officer of Ultra Clean
Technology, +1-510-576-4704, email@example.com
Web Site: http://www.uct.com/
HOUSTON, June 1 /PRNewswire-FirstCall/ -- As hurricane season begins, safety remains a top priority for Shell. Leading up to and throughout the season, Shell's preparation efforts are focused on three areas: personnel safety, protection of the environment and minimizing the impact on production and supply. Shell's approach to hurricane management includes early detection, tracking, and timely preparation.
To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/shelloil/44236/
"Shell has many years of experience in preparing for storms in the Gulf of Mexico. We monitor every tropical development that may potentially impact the United States and initiate preparation and recovery plans accordingly," said Tom Smith, President, Shell Oil Products US.
The Shell Hurricane Incident Command team (HIC) is charged with managing oncoming storms. Members of the team represent all of the various support functions and operational preparedness functions that come into play when handling a hurricane evacuation and redeployment. This group of individuals is designated far in advance of June 1, with continuity from year to year. The HIC team meets regularly before hurricane season, and more frequently during the season, in response to specific hurricane threats to continuously assess the situation and potential impact as well as to put appropriate preparation and response procedures into action. As part of ongoing preparation and planning, the HIC team conducts evacuation table-top drills in order to prepare personnel, and identify and correct any inefficiencies before there is need for an actual evacuation.
"Our hurricane plan has very specific instructions for producing and drilling locations, describing how to shut operations down safely and leave structures in a state that can weather the storm before we leave," explains John Hollowell, Executive Vice-President, Deep Water, Shell Upstream Americas.
Shell implements a phased approach to hurricane preparation and response for its offshore Gulf of Mexico facilities and onshore refineries and chemical plants. A general overview of Shell's hurricane procedures begins with ongoing pre-season planning activities (Phase I). Once a tropical system develops, Shell makes an assessment of projects and personnel and, if necessary, evacuates non-essential personnel (Phase II). When dangerous conditions are anticipated within 72 hours, Shell escalates evacuations and begins to shut-in production at offshore facilities and shutdown facilities onshore (Phase III). Once a hurricane's arrival is imminent and facilities are secure, Shell evacuates the remaining crews offshore and onshore (Phase IV). Once a storm has passed, damage assessments are made and, when facilities are deemed safe, crews begin to restart production and the HIC team conducts a review to identify process effectiveness and opportunity for improvement (Phase V).
Shell storm update alerts are available to members of the media throughout the 2010 hurricane season via Shell's Twitter feed. Please subscribe today at http://www.twitter.com/shell_stormctr.
For additional information on Shell, please visit http://www.shell.us/. About Shell
Shell Oil Products US, a subsidiary of Shell Oil Company, is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gasoline stations in the Western United States. Shell Oil Company is an affiliate of the Shell Group [ and ]. Shell Oil Company is a 50 percent owner of Motiva Enterprises LLC, along with Saudi Refining, Inc. Motiva Enterprises LLC refines and markets branded products through more than 8,300 Shell-branded stations in the Eastern and Southern United States.
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 100 countries with businesses including oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects including wind and solar power. For further information, visit http://www.shell.com/.
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this press release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this press release, associates and jointly controlled entities are also referred to as "equity-accounted investments". The term "Shell interest" is used for convenience to indicate the direct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''intend'', ''may'', ''plan'', ''objectives'', ''outlook'', ''probably'', ''project'', ''will'', ''seek'', ''target'', ''risks'', ''goals'', ''should'' and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell's 20-F for the year ended December 31, 2008 (available at http://www.shell.com/investor and http://www.sec.gov/). These factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, June 1, 2010. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.
The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release that SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website http://www.sec.gov/. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.Video: http://multivu.prnewswire.com/mnr/shelloil/44236 Shell Oil Company
CONTACT: Shell Media Relations: Shell US Media Line , +1-713-241-4544
Web Site: http://www.shell.us/
INDIANA, Pa., June 1 /PRNewswire-FirstCall/ -- S&T Bank , a full-service financial institution with branch locations in 10 Pennsylvania counties, is pleased to announce the appointment of four accomplished finance professionals, each with decades of experience in leadership roles at community banking institutions. The newest members of the S&T Bank team are:
(Logo: http://www.newscom.com/cgi-bin/prnh/20070920/NETH079LOGO ) -- Patrick J. Haberfield, chief credit officer: Mr. Haberfield has 24 years of banking/ financial services, credit administration, collections, lending, and workout experience with community banks and larger regional organizations. He most recently served in executive roles at Synovus Financial Institution, roles that included regional credit officer and special assets officer. Prior to that, he was senior vice president of the Managed Assets Division for FirstMerit Corporation, a $10.8 billion bank holding company in Ohio. The scope Mr. Haberfield's position at FirstMerit included the workout and disposition of loans and assets for the commercial lending (C&I & CRE), business banking and private client portfolios, as well as responsibility for the overall management of consumer collections and mortgage lending portfolios for the bank. Mr. Haberfield holds a degree in organizational management from Tiffin University. -- William Kametz, deputy chief credit officer: Mr. Kametz has been promoted from his current position of senior vice president of credit administrations with S&T Bank. He previously served as an executive vice president and chief lending officer at VIST Financial Corporation, and as a senior vice president for the Bank of Hanover. Prior to that, he served for 16 years at Mellon Bank. Mr. Kametz holds a Bachelor of Arts in Business Administration from Franklin & Marshall College and graduate and undergraduate diplomas from the University of Oklahoma's National Commercial Lending School. -- Larry E. Bittner, commercial lender, Wexford: Mr. Bittner has 35 years of experience in positions of progressive responsibility in retail office management, and consumer, small business, and commercial lending. He most recently served as vice president of business banking/commercial lending for Huntington National Bank. Prior to that, Mr. Bittner served as assistant vice president and manager of Century National Bank & Trust Co. He holds degrees in management and education from Robert Morris University and the University of Toledo, respectively. -- Scott J. Suess, commercial lender, O'Hara Township: Mr. Suess has 16 years of experience as an analyst and senior-level manager in the areas of small business and middle market banking. He most recently served as vice president of small business banking for Dollar Bank. Prior to that, Mr. Suess served as commercial lending officer for middle market banking and senior credit analyst for commercial banking at National City Bank of Pennsylvania. He holds master and bachelor degrees in business administration from Robert Morris University and Kent State University, respectively.
"Each of these talented individuals brings extensive experience and expertise to their position with S&T Bank," said Todd D. Brice, president and chief executive officer of S&T Bank. "As part of our senior management team, both Pat and Bill bring a broad knowledge of credit administration that will serve to enhance our strong position in the marketplace. And as commercial lenders, Larry and Scott add vital depth to S&T's skilled team of business banking specialists."
For more information about S&T Bank, please visit http://www.stbank.com/ or call 800.325.BANK.
About S&T Bancorp, Inc.
Headquartered in Indiana, PA, S&T Bancorp, Inc. operates 53 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. With assets of $4.1 billion, S&T Bancorp, Inc. stock trades on the NASDAQ Global Select Market under the symbol STBA. For more information, visit http://www.stbank.com/.Photo: http://www.newscom.com/cgi-bin/prnh/20070920/NETH079LOGO
CONTACT: Rob Jorgenson, +1-724-465-5448
Web Site: http://www.stbank.com/
BOSTON, June 1 /PRNewswire-FirstCall/ -- Eaton Vance Corp. announced today the launch of Eaton Vance Structured International Equity Fund, a new mutual fund seeking long-term capital appreciation. The Fund invests primarily in established stock markets outside the United States, and seeks to add value through portfolio construction and systematic rebalancing across countries and market sectors.
Eaton Vance Management is investment adviser to the Fund and Parametric Portfolio Associates LLC (Parametric), an Eaton Vance affiliate, is the investment sub-adviser. The fund is co-managed by Thomas Seto, Vice President and Director of Portfolio Management of Parametric, and David Stein, Managing Director and Chief Investment Officer of Parametric.
"The Fund allocates across countries and sectors based on factors including market capitalization, volatility levels, and cross-correlations," said Thomas Seto. "Our approach emphasizes diversification and disciplined rebalancing over security selection and market timing. Parametric has successfully managed emerging market equity portfolios in a similar style since 1994."
The Fund offers three classes of shares for purchase: Class A (EAISX), Class C (ECISX) and Class I (EIISX).
Parametric is an industry-leading provider of structured portfolio management. Founded
in 1987 and headquartered in Seattle, Parametric is an SEC registered investment advisor offering structured solutions in the areas of core equity portfolios (U.S., non-U.S. and emerging markets), overlay portfolio management and equity option strategies. As of April 30, 2010, Parametric and its affiliates managed approximately $33 billion in client assets. More information about Parametric is available by visiting http://www.parametricportfolio.com/.
Eaton Vance is one of the oldest investment management firms in the United States, with a history dating to 1924. Eaton Vance and its affiliates managed $176.2 billion in assets as of April 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.
About Risk - The Fund's shares are sensitive to stock market volatility and the stocks in which the Fund invests may be more volatile than the stock market as a whole. Because the Fund invests its assets in foreign securities, the value of Fund shares can be adversely affected by changes in currency exchange rates and political and economic developments abroad. In emerging or less developed countries, these risks can be significant. Smaller, less seasoned companies are generally subject to greater price fluctuations, limited liquidity, higher transaction costs and higher investment risk. The use of derivatives can lead to losses because of adverse movements in the price or value of the asset, index, rate or instrument underlying a derivative, due to failure of a counterparty or due to tax or regulatory constraints. The Fund relies on its investment adviser to achieve its investment objective. The investment adviser uses quantitative investment techniques and analyses in making investment decisions for the Fund, but there can be no assurance that these will achieve the desired results. The Fund is not a complete investment program and you may lose money by investing in the Fund.
Before investing, prospective investors should consider carefully the Fund's investment objective(s), risks, charges and expenses. The Fund's current prospectus or summary prospectus, if available, contains this and other information about the Fund and is available through your financial advisor. Read the prospectus carefully before you invest or send money. For further information please call 1-800-262-1122.
Not FDIC Insured. Not Bank Guaranteed. May Lose Value.
The Fund is distributed by Eaton Vance Distributors, Inc. Two International Place, Boston, MA 02110Eaton Vance Management
CONTACT: Robyn Tice, +1-617-672-8940, firstname.lastname@example.org
Web Site: http://www.eatonvance.com/
LAKE FOREST, Ill., June 1 /PRNewswire-FirstCall/ -- Brunswick Corporation Chairman and Chief Executive Officer Dustan E. McCoy will attend the RBC Capital Markets 2010 Consumer and Retail Conference Thursday, June 3, in New York City.
Presentation materials used during the conference will be posted that day on the Brunswick Corporation Web site at http://www.brunswick.com/.
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Attwood marine parts and accessories; Land 'N' Sea, Kellogg Marine, Diversified Marine and Benrock parts and accessories distributors; Arvor, Bayliner, Bermuda, Boston Whaler, Cabo Yachts, Crestliner, Cypress Cay, Harris FloteBote, Hatteras, Lowe, Lund, Meridian, Ornvik, Princecraft, Quicksilver, Rayglass, Sea Ray, Sealine, Triton, Trophy, Uttern and Valiant boats; Life Fitness and Hammer Strength fitness equipment; Brunswick bowling centers, equipment and consumer products; Brunswick billiards tables and foosball tables. For more information, visit http://www.brunswick.com/.Brunswick Corporation
CONTACT: Daniel Kubera, Director - Media Relations and Corporate
Communications of Brunswick Corporation, +1-847-735-4617,
Web Site: http://www.brunswick.com/