Archive for May, 2010

RPM Subsidiaries Move to Permanently Resolve Bondex Asbestos Liability

May 31st, 2010
MEDINA, Ohio, - May 31, 2010 (CRWE NEWSWIRE) - RPM International Inc. (NYSE:RPM - News) announced today that action is being taken to permanently resolve current and future asbestos claims associated with Bondex International, Inc. (Bondex). In order to initiate this process, two non-operating subsidiaries, Bondex and Specialty Products Holding Corp. (SPHC), have filed Chapter 11 reorganization proceedings in Delaware. RPM and all of its operating subsidiaries are not part of the Chapter 11 filing and will not be affected by it. SPHC is the holding company for Bondex. It also serves as the holding company for various operating companies tha

Port Metro Vancouver and CN enter into supply chain collaboration agreement to further improve gateway competitiveness

May 31st, 2010
VANCOUVER and MONTREAL, - May 31, 2010 (CRWE NEWSWIRE) - Port Metro Vancouver and CN (TSX:CNR.to - News)(NYSE:CNI - News) announced today a supply chain collaboration agreement to drive further efficiencies at the port and recognize the importance of balanced accountability. The agreement sets the framework for the Port, CN and port stakeholders to develop mechanisms to define, measure, monitor and evaluate the performance of each participant at the port against established benchmarks. It also establishes processes to proactively communicate on service-related matters and resolve disputes between CN, the Port and port supply chain participan

Dendreon Announces Presentation of PROVENGE Data at the American Urological Association Annual Meeting

May 31st, 2010
SEATTLE and SAN FRANCISCO, - May 31, 2010 (CRWE NEWSWIRE) - Dendreon Corporation (Nasdaq:DNDN - News) today announced the presentation of safety data from the integrated analysis of four randomized PROVENGE® (sipuleucel-T) clinical trials of an autologous cellular immunotherapy in prostate cancer at the 105th Annual Scientific Meeting of the American Urological Association (AUA) in San Francisco. "The approval of PROVENGE provides us with an important new, front-line option for men with asymptomatic or minimally symptomatic metastatic castrate resistant (hormone refractory) prostate cancer," said Simon Hall, M.D., director of the Barbara an

Astral launches French-language Playhouse Disney Channel with Bell TV

May 31st, 2010
TORONTO, - May 31, 2010 (CRWE NEWSWIRE) - Astral Media (TSX: ACM.A/ACM.B) today announced that it will launch a French-language version of the Playhouse Disney channel. Featuring entertaining and learning-based programming for younger audiences, this service will feature popular programming from Disney together with celebrated Canadian series. The channel will be available to Bell TV subscribers across Canada on July 5. "Building on the well-known Disney brand and the vibrant legacy of characters such as Mickey Mouse, Playhouse Disney has proven to be a popular destination for engaging, learning-focused and fun programming for families in En

Italika Celebrates Fifth Anniversary as the Leading Motorcycle Brand in Mexico With 55% Market Share

May 31st, 2010
MEXICO CITY, - May 31, 2010 (CRWE NEWSWIRE) - Grupo Elektra, S.A. de C.V. (BMV: ELEKTRA*; Latibex: XEKT), Latin America's leading financial services company and specialty retailer, announced today that its Italika brand is celebrating its fifth anniversary, and has established itself as the leading seller of motorcycles in Mexico, with a 55% market share. At an event attended by Ricardo Salinas, President and Founder of Grupo Salinas, at Italika's assembly plant, which is located in Toluca, State of Mexico -with an annual production capacity of 300,000 units- Mr. Salinas congratulated the staff for generating safe, efficient and comfortable

Supermicro Starts New Technology Campus and Asia-Pacific Operations Center in Taiwan

May 31st, 2010
TAIPEI, Taiwan, - May 31, 2010 (CRWE NEWSWIRE) - Super Micro Computer, Inc. (Nasdaq:SMCI - News), the global leader in server technology innovation and green computing, announced that it is expanding its Asia-Pacific operations center and new technology campus in Taiwan. The company announced new system integration services last month, and the first phase of this large-scale expansion includes the addition of over one million square feet of space to the current facilities. "Our superior product performance has created strong customer demand throughout Asia and the Pacific Rim," said Charles Liang, CEO and president of Supermicro. "To addr

Marvell Introduces ‘3D by Marvell’

May 31st, 2010
TAIPEI, Taiwan, - May 31, 2010 (CRWE NEWSWIRE) - Computex - Marvell (Nasdaq:MRVL), a worldwide leader in integrated silicon solutions, today introduced "3D by Marvell", support for 3D Blu-ray playback integrated in the ARMADA™ 1000 High Definition (HD) Media Processor System-on-a-Chip (SoC). With Marvell's forward thinking and innovative mindset, the ARMADA 1000 HD Media Processor, 88DE3010, is designed to deliver an immersive digital entertainment experience that equips manufacturers with the tools needed to support 3D content in the comfort of consumers' homes in devices like Blu-ray players, HD Set-Top-Boxes (STBs), digital media adapto

Avro Energy Receives Funding From Private Placement

May 31st, 2010
VIVIAN, La., - May 31, 2010 (CRWE NEWSWIRE) - Avro Energy, Inc. (OTCBB:AVOE) is pleased to announce that it has signed and received funding from a Private Placement for $250,000 (Two Hundred and Fifty Thousand Dollars). The terms of the private placement are that the subscriber, a Hong Kong-based Investment Firm, will receive 1,000,000 Units at a price of $0.25 per Unit. Each Unit consists of one restricted common share and one half share purchase warrant. Two half warrants will entitle the holder thereof to acquire one restricted common share at a purchase price of $0.50 per Share for a period of 18 months from the date of issue. The Shares

Landdrill International Inc - First Quarter Financial Results

May 31st, 2010
MONCTON, NB, - May 31, 2010 (CRWE NEWSWIRE) - Landdrill International Inc. (TSX.V:LDI) has released results for their first quarter ended March 31, 2010. The Company reports revenue of $6,183,000 which is an increase of $1,921,000 (45%) from 2009's comparable amount of $4,262,000. The Company generated pre-tax net income $585,000 as compared to 2009's pre-tax loss of $602,000 and the net income was $224,000, as compared to a net loss of $630,000 for 2009's comparable period. The Company also reports an EBITDA of $918,000, a significant improvement over 2009 as the Company more then doubled the prior year's amount of $421,000. Ron Go

Westminster announces unit private placement

May 31st, 2010
VANCOUVER, - May 31, 2010 (CRWE NEWSWIRE) - Westminster Resources Ltd. (the "Company") (TSX-V: WMR - News), announces a non-brokered private placement of up to 7,500,000 units at $0.20 per unit to raise gross proceeds of up to $1,500,000 (the "Offering"). Each unit will be comprised of one common share and one common share purchase warrant. Each common share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of two years from the closing of the private placement. A finders' fee commensurate with TSX.V policies will be paid where applicable. The funds raised will be used to conduct exp

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