Public Companies News - Page 5

Page 5 of Public Companies News issued by the Send2Press® Newswire service.



Former Director Files Two Lawsuits Against American International Industries, Inc. and its CEO, Daniel Dror

HOUSTON, Texas, Feb. 13, 2015 (SEND2PRESS NEWSWIRE) — Scott Wolinsky, a former director of American International Industries, Inc. (OTCBB:AMIN / OTCQB: AMIN), and Maria T. Wolinsky, his wife, have filed two civil lawsuits (Cause No. 2014-74771 filed 12/31/2014 in the 157th Judicial District Court of Harris County, Texas alleging defamation and Cause No. 2015-00708 filed 01/07/2015 in the 11th Judicial District Court of Harris County, Texas alleging fraud) against AMIN and its CEO and President, Daniel Dror.

Bank of Southern California Successfully Raises $7.2 Million in Capital

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California (OTCQB:FBBN / OTCMKTS:FBBN) (the ‘Bank’) announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

Verify Smart Corporation Finalizes Joint Venture with Global Technologies International Limited Group

FERNLEY, Nev., Nov. 25, 2014 (SEND2PRESS NEWSWIRE) — Verify Smart Corp (OTCBB:VSMR / OTCMKTS:VSMR), a global innovator in financial fraud prevention and digital content distribution to the mobile channel, announced today that it has signed a joint venture and software development, hosting and maintenance agreement with Globrin Systems and Solutions, Ltd. Globrin will maintain and support the new Prvii Celebrity Services Platform and will continue development on Prvii Mobile Applications for iPhone and Android devices.

MorVest Capital Completes New Mortgage Servicing Rights (MSR) Credit Facility, Adding to its Market Leading Total

DALLAS, Texas, Nov. 19, 2014 (SEND2PRESS NEWSWIRE) — MorVest Capital, in concert with its funding partner Customers Bank (NASDAQ: CUBI), today announced that this week it has closed another mortgage servicing rights (MSR) credit facility for a Virginia company, adding to its growing tally. MorVest Capital, LLC is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and residential finance industry.

James Allen to Collaborate with Sears in Redefining Omni-Channel Bridal Jewelry

NEW YORK, N.Y., Nov. 10, 2014 (SEND2PRESS NEWSWIRE) — James Allen, a leading engagement ring and certified loose diamond retailer, announced today that it is working with Sears to provide an exclusive and innovative in-store shopping experience at 16 Sears locations throughout New York, Maryland and Puerto Rico.

Bank of Southern California Acquires Frontier Bank, FSB dba El Paseo Bank

PALM DESERT, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Markets FBBN / OTCMKTS:FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

Weitz and Luxenberg, Allied Firms Obtain Stryker Rejuvenate, ABGII Hip Implants Settlement; Payouts Could Top $1 Billion

NEW YORK, N.Y., Nov. 4, 2014 (SEND2PRESS NEWSWIRE) — Stryker Corp. has agreed to pay potentially more than $1 billion to settle claims from patients injured by the company’s Rejuvenate and ABGII modular hip implants, the nationally prominent personal-injury law firm of Weitz and Luxenberg today announced.

Mark Gustafson Joins Bank of Southern California

PALM DESERT, Calif., Oct. 16, 2014 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCMKTS:FBBN) today announced that seasoned community banker, Mark Gustafson has been appointed to lead the bank’s Coachella Valley region. Mr. Gustafson most recently served as Market President for First California Bank which was sold and merged into Pacific Western Bank. He also served as President and CEO of Canyon National Bank, Ogden BancShares, Inc.

Utelogy Corporation and Meru Networks Present Intelligent Campus Solutions at Educause 2014

LOS ANGELES, Calif., Sept. 26, 2014 (SEND2PRESS NEWSWIRE) — Utelogy Corporation, creator of audio-visual control and management software will demonstrate its capabilities over SDN-enabled Wi-Fi powered by Meru Networks, Inc. in booth 1037 at Educause 2014, being held September 29 through October 2, 2014 in Orlando, Fla. Meru is a leader in intelligent networking and the only wireless LAN vendor to have received OpenFlow(TM) conformance.

Chevy Camaro Recall Spurs Weitz and Luxenberg to Again Target GM with Class-Action Lawsuit

NEW YORK CITY, N.Y., June 30, 2014 (SEND2PRESS NEWSWIRE) — General Motors is being sued by owners of late-model Chevrolet Camaro cars, customers who feel the Detroit automotive giant’s latest recall has deeply betrayed their trust, the law firm of Weitz and Luxenberg, P.C., today announced.

PrimeLending Signs with Global DMS, Implements eTrac Valuation Management Solution

LANSDALE, Pa., June 24, 2014 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of Web-based compliant valuation management software, announced that PrimeLending, a national residential mortgage lender, successfully implemented its eTrac(R) valuation platform to compliantly automate the lender’s entire appraisal process.

Riverview Financial Corporation Announces Second Quarter Cash Dividend

HALIFAX, Pa., May 16, 2014 (SEND2PRESS NEWSWIRE) — Riverview Financial Corporation (OTCQB: RIVE) announced that on May 14, 2014 its Board of Directors declared the payment of a cash dividend of $0.14 per share for the second quarter 2014, an increase of 12 percent as compared with the $0.125 cash dividend paid for the second quarter of 2013. The dividend is payable on June 30, 2014 to all shareholders of record as of June 6, 2014.

Prime Focus Technologies Completes Acquisition of DAX

MUMBAI and LOS ANGELES, Calif., April 7, 2014 (SEND2PRESS NEWSWIRE) — Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus (BSE code: 532748) today announced that it has completed the acquisition of DAX, a leading provider of cloud-based production workflow and media asset management applications to the entertainment industry.

DAX Mobile Now Available as an iPhone App

CULVER CITY, Calif., April 3, 2014 (SEND2PRESS NEWSWIRE) — DAX, the leading provider of production workflow applications, together with Prime Focus Technologies (PFT), is introducing DAX|Mobile with iDailies, a subscription service exclusively for Apple’s iPhone. The new iPhone app joins the iPad app in the iTunes App Store as an innovative collaboration workflow tool for professional TV/movie production, post-production, marketing and creative executives who require working 24/7 access to in-progress content.

Regent Education Implements Fully-Automated Student Verification Solution for Universal Technical Institute

FREDERICK, Md., March 27, 2014 (SEND2PRESS NEWSWIRE) — Regent Education has successfully launched their industry-leading verification solution, Regent Review at Universal Technical Institute (NYSE:UTI), the leading provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians.

Prime Focus Technologies to acquire DAX

MUMBAI and LOS ANGELES, Calif., March 11, 2014 (SEND2PRESS NEWSWIRE) — Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus (BSE code: 532748) today announced that it has signed a definitive agreement to acquire DAX, a leading provider of cloud-based production workflow and media asset management applications to the entertainment industry for a base consideration of US$ 9.1 million in a uniquely structured performance linked transaction.

Halo Companies, Inc. Taps Titan Lenders Corp. for Secure REO Collateral/Document Custody

DENVER, Colo., Feb. 4, 2014 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it has been selected by nationwide distressed asset firm Halo Companies, Inc. (OTCQB: HALN), to retain custody of documents and collateral related to distressed asset purchases for its clients.

Galorath, Inc. Hosts Webinar to Learn from Healthcare.gov Challenges: Improving the Prognosis for Future Software Projects

LOS ANGELES, Calif., Dec. 13, 2013 (SEND2PRESS NEWSWIRE) — Dan Galorath, CEO of Galorath, Inc., and Lee Fischman, Senior Director of Development of Galorath, Inc. and Lev Lehsokin, EVP of Strategy and Market Development at CAST Software, will provide an expert examination of Healthcare.gov and the challenges associated with such a project. The companies will host a webinar on Tuesday, December 17, at 8:30 a.m. Pacific Time where they will give an overview of the lessons learned and detail how organizations can avoid making similar mistakes.

The Carlyle Group to Invest in Edgewood Partners Insurance Center to Support EPIC’s Expansion

SAN FRANCISCO, Calif., Nov. 14, 2013 (SEND2PRESS NEWSWIRE) — Edgewood Partners Insurance Center (EPIC), a leading retail insurance broker headquartered in California, announced today that funds managed by global alternative asset manager The Carlyle Group (Carlyle) have agreed to acquire a controlling equity stake in the company. Carlyle’s investment will enable EPIC to continue to execute its organic growth strategy and support strategic acquisitions of complementary insurance distribution platforms throughout the United States.

CCMC and D+H Mortgagebot Enter into Agreement to Provide Lenders Advanced Connector Solutions

ALTAMONTE SPRINGS, Fla., Oct. 16, 2013 (SEND2PRESS NEWSWIRE) — CCMC, the leading provider of integration solutions for financial systems, and D+H Mortgagebot, have entered into a strategic partnership to provide seamless connectivity between Mortgagebot EnterpriseLOS(R) and all major core processing systems. With the new, advanced integration, lenders have an automated end-to-end solution that dramatically reduces processing time and costs, and eliminates errors caused from re-keying information.

Global DMS Integrates its Valuation Management Platform with Ellie Mae’s Encompass360

LANSDALE, Pa., Oct. 8, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that its eTrac Enterprise platform is now integrated with Ellie Mae’s loan origination system (LOS), Encompass360(R). The integration is seamless and allows the entire appraisal process to be efficiently and compliantly completed directly from within Encompass360.

EaseUS Signs Agreement with Lifeboat Distribution

NEW YORK, N.Y., July 9, 2013 (SEND2PRESS NEWSWIRE) — EaseUS Software, a leading provider of affordable backup, data recovery and storage management solutions for Windows environment, is pleased to announce its official distribution agreement with Lifeboat Distribution. Under the agreement, Lifeboat will distribute EaseUS Data Recovery Wizard, EaseUS Todo Backup, and EaseUS Partition Master to its multinational network of resellers in the world, including U.S., Canada, Latin America, Europe, Russia, etc.

PennyMac Utilizing Quandis Technology to Automate Short Sale Transactions

FOOTHILL RANCH, Calif., June 18, 2013 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management technology solutions, announced that PennyMac Financial Services, Inc. (PennyMac), is using its short sale technology to assist in effectively and efficiently managing the short sale process.

Interthinx 2012 Yearly Report Highlights Geographical Shift in Mortgage Fraud Risk

AGOURA HILLS, Calif., April 25, 2013 (SEND2PRESS NEWSWIRE) — Interthinx, a leading provider of comprehensive risk mitigation solutions for the financial services industry, has released its annual Mortgage Fraud Risk Report, a report covering data and trends based on analysis of loan applications processed in 2012 by the Interthinx FraudGUARD(R) system.

Market Wrap with Moe Ansari to host Dr. Barry Eichengreen

NEWPORT BEACH, Calif., April 9, 2013 (SEND2PRESS NEWSWIRE) — On Wed., April 10, Dr. Barry Eichengreen will be the Guest Expert on ‘Market Wrap with Moe Ansari,’ a nationally syndicated radio show that analyzes Wall Street news and provides insight into the complexities of the stock market.

Riverview Financial Corporation and Union Bancorp, Inc. Announce Definitive Agreement and Plan of Consolidation

MARYSVILLE, Pa., March 8, 2013 (SEND2PRESS NEWSWIRE) — Riverview Financial Corporation (‘Riverview’) (OTCQB: RIVE), the holding company for Riverview Bank, and Union Bancorp, Inc. (‘Union’) (OTCQB: UBPT), the holding company for Union Bank and Trust Company, jointly announced today that they have signed a definitive agreement to consolidate their respective holding companies and merge their bank subsidiaries.

Trustmark National Bank Selects CONIX Systems’ Fraud Detective

MANCHESTER, Vt., Feb. 28, 2013 (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, is pleased to announce that Trustmark National Bank (Trustmark) will add Fraud Detective(R) to the bank’s payment processing operation. Trustmark, with approximately 220 branch locations in Alabama, Florida, Mississippi, Tennessee, and Texas, is a subsidiary of Trustmark Corp (NASDAQ:TRMK).

Interthinx National Mortgage Fraud Risk Index Now at Highest Level since 2009

AGOURA HILLS, Calif., Feb. 26, 2013 (SEND2PRESS NEWSWIRE) — Interthinx, a leading provider of comprehensive risk mitigation solutions for the financial services industry, has released its quarterly ‘Mortgage Fraud Risk Report,’ covering data collected in the fourth quarter of 2012.

Interthinx White Paper on Retail Loan Portfolio Stress Testing Offers Best Practices

AGOURA HILLS, Calif., Feb. 20, 2013 (SEND2PRESS NEWSWIRE) — The Predictive Analytics group at Interthinx announced today the availability of a white paper outlining its recommendations for conducting stress testing on retail lending portfolios. The white paper, ‘A Proven Approach to Stress Testing Consumer Loan Portfolios,’ details the measurements, data sets, and procedures needed to develop more sophisticated economic models to assist lenders in meeting stress-testing requirements.

Interthinx LookAhead Industry Data Enables Retail Lenders to Forecast Portfolio Performance More Effectively

AGOURA HILLS, Calif., Jan. 29, 2013 (SEND2PRESS NEWSWIRE) — The Predictive Analytics group at Interthinx announced today the availability of new industry data for LookAhead(R). Powered by the patented Dual-time Dynamics approach, LookAhead can now be purchased with industry data sourced from Equifax and used by retail lenders across all consumer asset classes.

Interthinx Hosts Beltway Series Examining the Postelection Housing Outlook

AGOURA HILLS, Calif., Dec. 19, 2012 (SEND2PRESS NEWSWIRE) — Interthinx announced today the success of its second in a series of Washington, D.C., ‘beltway breakfast’ forums dedicated to building confidence in the mortgage markets through a renewed focus on data integrity. ‘The Housing Outlook Postelection’ explored how the Administration and Congress can work together on the future development of solutions and policies that affect the real estate finance industry.

Lightway Solar America Executes 16.6 MW Supply Agreement with Premier Power

ISELIN, N.J., Nov. 14, 2012 (SEND2PRESS NEWSWIRE) — Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., has announced the execution of a 16.6 megawatt Supply Agreement with Premier Power Renewable Energy, Inc. (OTCBB: PPRW / PINK:PPRW) Lightway is scheduled to begin delivery of solar panels from Q4 2012 throughout 2013 for projects developed by Premier Power in both the U.S. and European markets.

Captain Morgan Black Spiced Rum to Provide Safe Rides at Fantasy Fest

ST. CROIX, U.S. Virgin Islands, Oct. 24, 2012 (SEND2PRESS NEWSWIRE) — For the eighth consecutive year, Captain Morgan Rum Company and the City of Key West have teamed up to provide free Safe Rides during the busiest night of Fantasy Fest. Beginning at 5 p.m. on Saturday, Oct. 27, 2012, all Key West Department of Transportation Buses will be free to ride.

Aero-Missile Components Named FLEXLOC Locknut Master Distributor by SPS Technologies

STATEN ISLAND, N.Y., Oct. 18, 2012 (SEND2PRESS NEWSWIRE) — Aero-Missile Components, a subsidiary of Precision Aerospace Components, Inc., has been named a Master Distributor by SPS Technologies in Jenkintown, Pennsylvania for its FLEXLOC(R) Locknut product line.

SpaceX Utilizes Tiger-Tight Corp’s Friction Washer Technology for Its First Mission to The International Space Station

STATEN ISLAND, N.Y., July 18, 2012 (SEND2PRESS NEWSWIRE) — TIGER-TIGHT CORP., a subsidiary of Precision Aerospace Components, Inc. (PINK:PAOS), had its proprietary friction washer technology used by Space Exploration Technologies (known as SpaceX) on the Dragon spacecraft launched atop a Falcon 9 rocket from Cape Canaveral Air Force Station in Florida on May 22, 2012.

Precision Aerospace Components Acquires FDMC

STATEN ISLAND, N.Y., June 21, 2012 (SEND2PRESS NEWSWIRE) — Precision Aerospace Components Inc. (OTCBB:PAOS / PINK:PAOS), a growing provider of fasteners and components to the military and aerospace industries under its Freundlich Supply and Tiger-Tight companies, announced it has acquired the assets of Fastener Distribution and Marketing Company, (FDMC). FDMC is the parent company of Aero-Missile Components, (AMC) and Creative Assembly Systems, (CAS).

Green Mountain Energy Company selects Cogent Software to manage Sales Commissions

DALLAS, Texas, May 7, 2012 (SEND2PRESS NEWSWIRE) — Cogent Technology Group, Inc. announced today that the Commercial Services Division of Green Mountain Energy Company has expanded their use of Cogent’s Sales Commission Manager (SCM) software product to provide a means of managing the residual sales commissions that flow as ongoing streams of compensation to their independent brokers and sales agents for completed energy-service contracts.

Freundlich Supply Company to Receive AS9100 Rev. C Certification – Among First U.S.-based Distributors to be Registered

STATEN ISLAND, N.Y., April 20, 2012 (SEND2PRESS NEWSWIRE) — FREUNDLICH SUPPLY CO., a subsidiary of Precision Aerospace Components, Inc., is among the first U.S.-based fastener distributors to receive AS9100 Rev. C certification. This achievement is another significant milestone in Freundlich’s 70+ year history of supplying high quality fasteners to Government, aerospace and industrial markets.

China Sunergy adopts PowerGuard’s PowerClip Warranty Solution

IRVINE, Calif., March 13, 2012 (SEND2PRESS NEWSWIRE) — PowerGuard Specialty Insurance Services announced today that China Sunergy Co. Ltd. (China Sunergy – NASDAQ:CSUN), a specialized solar cell and module manufacturer, has joined the growing number of solar energy providers globally to adopt PowerGuard’s unique PowerClip extended warranty protection.

LDV Capital Management Slated to Host Sunshine on Wall Street Dinner Series During Month of October

FORT LAUDERDALE, Fla., March 13, 2012 (SEND2PRESS NEWSWIRE) — For the fifth year running, LDV Capital Management will host the 2012 Sunshine on Wall Street Dinner Conference in October. During the entire month of October, 2012, LDV will host a series of dinners and luncheons throughout the South Florida area.