Marketwire - Parts and Accessories

Dorman Products, Inc. Announces Sale of Product Line and Joint Venture With Eastern Manufacturing, Inc.

Thu, 15 May 2008 17:34:00 EDT

COLMAR, PA--(Marketwire - May 15, 2008) - Dorman Products, Inc. (NASDAQ: DORM) ("Dorman") today announced that it has sold the assets of its catalytic converter business to Eastern Manufacturing, Inc. ("Eastern Catalytic") and entered into a joint venture agreement with Eastern Catalytic to mutually develop, manufacture and distribute an integrated exhaust manifold and converter product line.

Total proceeds from the sale are expected to approximate the book value of these assets in Dorman's financial statements. Dorman expects to record severance and shutdown expenses of approximately $0.3 million as a result of the sale.

AirBoss of America Corp. Declares Dividend

Thu, 15 May 2008 16:40:00 EDT

NEWMARKET, ONTARIO--(Marketwire - May 15, 2008) - Mr. Gren Schoch, Chairman of the Board of AirBoss of America Corp. (TSX:BOS) is pleased to announce that the Board of Directors has approved a dividend of $0.025 per common share to be paid July 24, 2008 to shareholders of record at June 30, 2008. AirBoss of America Corp. develops, manufactures, and sells high quality, proprietary rubber-based products offering enhanced performance and productivity to transportation, military and industrial markets. With a capacity to supply over 250 million pounds of rubber annually to a diverse group of rubber manufacturers, AirBoss is also one of North America's largest custom rubber compounding companies. The Company's shares trade on the TSX under the symbol BOS. Visit www.airbossofamerica.com.

Airboss Awarded Gas Mask Contract May 15, 2008

Thu, 15 May 2008 16:30:00 EDT

Delphi Defines Data Connectivity With Complete Systems, Leading-Edge Technologies

Thu, 15 May 2008 09:00:00 EDT

New HSDD Connector and Three-Port Hub Greatly Expand Connectivity Capabilities

Kandi Technologies, Corp. Says First Quarter Revenues Grew 76% Led by Sales of Go-Karts

Thu, 15 May 2008 08:30:00 EDT

Forecasts Estimated Full Year Sales of Super Mini Cars Will Add Substantially to Anticipated Growth of Core ATRV Business

First Quarter Net Income From Continuing Operations Advanced 27.5% on Further Improvement in Gross Profit Margins, as Company Ramped up Sales, Marketing and Production Capacity in Line With Continuing Rapid Growth

Perceptron Announces Results for Third Quarter of Fiscal Year 2008

Wed, 14 May 2008 16:36:00 EDT

PLYMOUTH, MI--(Marketwire - May 14, 2008) - Perceptron, Inc. (NASDAQ: PRCP) today announced net sales of $18.2 million, an operating loss of $18,000 and net income of $211,000, or $0.02 per diluted share, for its third quarter of fiscal year 2008 that ended March 31, 2008. This compares with sales of $16.0 million, operating income of $1.0 million, and net income of $691,000, or $0.08 per diluted share, for the quarter ended March 31, 2007. For the nine months ended March 31, 2008, the Company had net sales of $55.0 million, operating income of $2.5 million and net income of $470,000 or $0.05 per diluted share. This compares to net sales of $38.9 million, an operating loss of $1.7 million, and a net loss of $814,000, or $0.10 per diluted share, in the first nine months of fiscal year 2007.

Reminder - Perceptron Announces Conference Call/Webcast for Third Quarter Results of Fiscal Year 2008

Wed, 14 May 2008 16:01:00 EDT

PLYMOUTH, MI--(Marketwire - May 14, 2008) - Perceptron, Inc. (NASDAQ: PRCP) will hold a conference call/webcast chaired by Harry T. Rittenour, president and chief executive officer on Thursday, May 15, 2008 at 10:00 AM (EDT).

Webcast            http://www.visualwebcaster.com/event.asp?id=48449
Conference Call    877 461-2816 (domestic callers) or
                   416 695-9761 (international callers)

Conference ID      3260778

Q1 Small Business Research Board Automotive Vehicle Dealer and Service Industry Key Issues Report: Auto, Other Vehicle Dealers Report Increased Revenue Expectations Says Latest SBRB Report

Wed, 14 May 2008 14:53:00 EDT

Of the Owners and Managers Responding to the Nationwide Quarterly SBRB Poll, Co-Sponsored by International Profit Associates, 48% Said They Expect Increased Revenues in the Next Twelve Months

Drive Products Income Fund Announces 2008 First Quarter Financial Results and May 2008 Cash Distributions

Wed, 14 May 2008 13:40:00 EDT

TORONTO, ONTARIO--(Marketwire - May 14, 2008) - Drive Products Income Fund (TSX:DPI.UN) (the "Fund") released first quarter 2008 financial results today and announced the May 2008 cash distributions to unitholders. "Much effort was spent in the first quarter of 2008 integrating the operations of Universal Technical Services, L.L.C., W.H. Green Specialties Inc. and the Docap line of products and I'm pleased to say that these recent acquisitions have met our expectations with respect to sales and gross margins," said Greg Edmonds, Chief Executive Officer. "They helped compensate for the sluggish sales in Western Canada during the quarter and will continue to provide some stability during this period. These acquisitions have proven to be accretive to the Fund and given our strong balance sheet, we continue to seek out similar acquisition targets. The Fund remains conservatively financed with a long-term debt to equity ratio of 0.05 to 1.0 and $18.1 million in working capital. Managemen

Aero Performance Products, Inc. Reports Completion of Consolidation of Warehouse Facilities

Wed, 14 May 2008 11:36:00 EDT

Move of Corporate Offices Targeted for July 1, 2008

Brembo's Board of Directors approves Q1 2008 financial results

Wed, 14 May 2008 10:36:00 EDT

STEZZANO, ITALY--(Marketwire - May 14, 2008) - PRESS RELEASE

Stezzano, May 14th 2008

For immediate release

Brembo's Board of Directors approves Q1 2008 financial results. Compared to Q1 2007:

- Sales +19.1% (+10.4% like-for-like);

- EBITDA +19.6%;

- Net profit +24.7%;

- Net debt +42.2% due to the recent acquisitions.

Disc production capacity in Poland will be doubled, with an investment of about EUR 45 million.

In summary:

+-------------------------+--------+--------+------------------+
|(Euro million)           |Q1 2008 |Q1 2007 |Variation % 08/07 |
+-------------------------+--------+--------+------------------+
|Sales                    |  273.2 |  229.3 |          + 19.1% |
+-------------------------+--------+--------+------------------+
|EBITDA                   |   40.0 |   33.4 |          + 19.6% |
+-------------------------+--------+--------+------------------+
|EBIT                     |   25.9 |   22.7 |          + 14.3% |
+-----

China Jiangsu Golden Horse Steel Ball Comments on Its Industry

Wed, 14 May 2008 09:45:00 EDT

XUYI, JIANGSU, CHINA--(Marketwire - May 14, 2008) - China Jiangsu Golden Horse Steel Ball, Inc. (PINKSHEETS: CJGH) (FRANKFURT: 4J3) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, is pleased with the direction of the Ball Bearing Industry.

The ball bearing industry is maturing in China, with the fast development of China's bearing industry, the supply and demand, both locally and globally, has risen exponentially. At present, China Jiangsu can produce ball bearings in various different compounds of any specification for all applications in different industries.

Hybrid Technologies, Inc. (OTCBB:HYBR) All Electric Vehicles Airs During Live Remote Broadcast of WCCB TV-18 FOX News Rising Morning Show

Wed, 14 May 2008 07:30:00 EDT

Hybrid Technologies' On-Air Demonstration of All Electric Vehicles Impresses FOX's Popular Morning Show

Strongco Income Fund Announces May 2008 Distribution

Tue, 13 May 2008 15:39:00 EDT

MISSISSAUGA, ONTARIO--(Marketwire - May 13, 2008) - Strongco Income Fund (TSX:SQP.UN) (the "Fund") announced today that the distribution of $0.10 for May 2008, consisting of $0.05 per unit in cash and $0.05 per unit in additional units, will be payable on June 20, 2008 to unitholders of record at the close of business on May 30, 2008. The additional units will be issued at a deemed price equal to the volume-weighted average price of all units of the Fund traded on the Toronto Stock Exchange (the "TSX") on the 10 trading days preceding the record date. Unitholders will receive cash in lieu of the issuance of fractional units.

Kilopass Invites SoC Designers to Attend 2nd Annual Embedded Non-Volatile Memory Symposium

Tue, 13 May 2008 15:15:00 EDT

Adam Traidman of ChipEstimate.com Keynotes; TSMC and NVM Users Present on SoC Applications; May 30, 2008, Santa Clara, California, Hilton

Timminco Schedules Conference Call to Discuss Operational Review Report by PHOTON Consulting on May 14

Tue, 13 May 2008 13:27:00 EDT

Conference call also to be webcast at www.timminco.com

Halo Selects N4 Systems' Field ID for their RFID Based Inspection System

Tue, 13 May 2008 11:38:00 EDT

NEW ORLEANS, LOUISIANA--(Marketwire - May 13, 2008) - Halo has selected the market leading RFID based inspection and safety compliance system, Field ID, to manage all their inspections and safety compliance procedures. Halo selected Field ID for its unmatched focus on safety compliance and its ability to accommodate large customers. "Field ID and Halo share the same vision, to keep 'Life First'. Our primary goal is to ensure our customers go home safely every day. Field ID will allow us to accomplish this task even better", said Ken Ragusa, President of Halo, LLC. "Providing an easy, paperless way for our customers to keep track of their compliance certificates and inspections ultimately leads to a much safer workplace. We look forward to providing our customers a new level of service and safety using Field ID."

Hertz Rolls Out Scores of New Locations in Suburban Market Expansion

Tue, 13 May 2008 09:16:00 EDT

PARK RIDGE, NJ--(Marketwire - May 13, 2008) - During the first quarter of 2008, The Hertz Corporation opened 81 new off-airport / 52 Hertz Local Edition rental car facilities in dozens of towns across the United States, from New York to California, as part of a company-wide strategy to continue expanding into suburban markets.

This significant growth confirms Hertz' commitment to serving customers seeking to rent cars for insurance replacement, business trips, vacations and everyday purposes. Situated in key markets across the country, Hertz Local Edition facilities have been opened in such locales as Sedona, AZ; Bowling Green, KY; Owensboro, KY; Lima, OH; Springfield, OH; Johnstown, OH; Waco, TX; Abilene, TX; Stillwater, OK; Flemington, NJ; Egg Harbor, NJ.

Coates International, Ltd. Is Pleased to Announce That It Has Completed the Design and Development of Its First Stand-Alone CSRV Electric Power Generator for Residential Use

Tue, 13 May 2008 07:00:00 EDT

WALL TOWNSHIP, NJ--(Marketwire - May 13, 2008) - Coates International, Ltd. (Coates) (OTCBB: COTE). The Coates Spherical Rotary Valve ("CSRV") Home Generator has been configured to operate on propane and can be powered with any combustible engine fuel, including Hydrogen. This CSRV Electric Power Generator is a synchronous system that only produces the amount of electric power that is being used or required at any given time from 1 Kw up to 35 Kws. It incorporates a CSRV In Line 4 Cylinder Power Unit. A video demonstrating this new CSRV Home Generator in operation will be available for viewing on our websites shortly at www.coatesengine.com or www.mostadvancedengine.com. Management believes that because the CSRV Home Generator's unique features such as its ability to only supply the power required, and its adaptability to oper

Toyota Wrestles World Sales Lead From GM, but Predicts Decline in Profit by Year's End

Tue, 13 May 2008 05:00:00 EDT

SUGAR LAND, TX--(Marketwire - May 13, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In July 2007, foreign automakers took control of the monthly sales numbers in the United States for the first time in history. In August, the Detroit Three fought back, mainly through a "one-time" sell-off of vehicles to rental companies and regained the lead in total sales. However, even though the Detroit Three managed to stave off the foreign sales invasion, it was only a matter of time before foreign automakers took firm control of the American automotive sales landscape. The writing was on the wall. As of the end of the first quarter of 2008, Toyota Motor Corporation (NYSE:TM) (Toyota City, Aichi) took the worldwide sales lead from General Motors Corporation (NYSE:GM) (Detroit, Michigan) with a surge of growth in both China and Europe, while GM saw its North American sales rapidly decline.

Examine the World GPS Market Forecast to 2012

Tue, 13 May 2008 00:06:00 EDT

LONDON, UNITED KINGDOM--(Marketwire - May 13, 2008) - Reportlinker.com announces that a new market research report related to the Wireless industry is available in its catalogue.

World GPS Market Forecast to 2012

http://www.reportlinker.com/p089523/World-GPS-Market-Forecast-to-2012.html

Global Positioning System (GPS) is a revolutionary tool, which provides unequalled accuracy and flexibility of positioning for navigation, surveying and Geographic information system (GIS) data capture. Growing use in automotive and consumer applications is propelling the market for mobile location technologies. Although standalone products are quite popular, the most common applications are built around Portable Navigation Devices (PNDs), mobile phones, or car navigation systems. Moreover, the t

Martinrea International Inc. Releases First Quarter 2008 Results: Positive Returns in a Soft Market

Mon, 12 May 2008 18:12:00 EDT

TORONTO, ONTARIO--(Marketwire - May 12, 2008) - Martinrea International Inc. (TSX:MRE), a leader in the production of quality metal parts, assemblies and modules and fluid management systems focused primarily on the automotive sector, announced today the release of its financial results for its first quarter ended March 31, 2008. Martinrea currently employs approximately 7,100 skilled and motivated people in 30 plants in Canada, the United States, Mexico, and the United Kingdom. Revenues for the quarter ended March 31, 2008 totaled $433.8 million as compared to $525.8 million for the quarter ended March 31, 2007, a decrease of 17.5%. Revenues for the first quarter ended March 31, 2008 have decreased from the prior year comparables primarily due to lower volumes on existing customer programs as a result of the general downturn in the automotive industry, the impact of the American Axle strike, a decrease of tooling revenues, and an appreciation of the Canadian dollar versus the U.S.

AirBoss Announces 1st Quarter 2008 Results

Mon, 12 May 2008 16:30:00 EDT

NEWMARKET, ONTARIO--(Marketwire - May 12, 2008) - AirBoss of America Corp. ("AirBoss") (TSX:BOS) announces the following results for the three month period ended March 31, 2008: /T/ Three months ended March 31 (thousand $CAD, except shares and per share amounts) 2008 2007 -------------------------------------------------------------------------- N

New Industrial Hydraulics Website From Bosch Rexroth

Mon, 12 May 2008 16:00:00 EDT

New Industrial Hydraulics Website From Bosch Rexroth Provides Easy Access to Technology Updates, Product Information, News, Events, Training Information and More at www.boschrexroth-us.com/BRH-I

Mitchell International Finalizes Acquisition of Fair Isaac Medical Bill Review Business Unit

Mon, 12 May 2008 09:36:00 EDT

Workers' Compensation, Auto Casualty and Managed Care Cost Containment Business Unit Significantly Expands Company's Portfolio

Sterling Trucks Introduces Natural Gas-Powered Vehicle with Cummins Westport Engine

Mon, 12 May 2008 09:01:00 EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2008) - Cummins Westport Inc. ("CWI") (TSX:WPT), a leading provider of high-performance, alternative fuel engines for the global market, announced today that Sterling Trucks of Redford, Michigan has launched a new Sterling(R) Set-Back 113, its first natural gas vehicle, featuring the Cummins Westport ISL G engine. The Cummins Westport ISL G, an 8.9 liter stoichiometric cooled-exhaust gas recirculation (EGR) engine, offers the lowest emissions available in the industry without sacrificing top-level performance and efficiency.

Hybrid Technologies, Inc. (OTCBB) to Make Purchasing All Electric, Lithium Powered Vehicles Easier and More Convenient by Providing One-Stop, Online Financing Options

Mon, 12 May 2008 07:30:00 EDT

Hybrid Technologies Is In Final Stages to Make Purchasing All Electric Vehicles Easier for Customers by Providing One Stop Internet Financing on Their Full Line of Emission-Free Vehicles

AAA New Mexico's Weekend Gas Watch

Fri, 09 May 2008 14:51:00 EDT

Gasoline Prices Reach New Highs

Kandi Technologies, Corp. CEO Rings NASDAQ Opening Bell; Sees New Addition to Anticipated Growth as Company Prepares to Launch Super Mini Car Line in the U.S.

Fri, 09 May 2008 13:45:00 EDT

NEW YORK, NY--(Marketwire - May 9, 2008) - Mr. Xiaoming Hu, Chief Executive Officer and Chairman of the Board of Kandi Technologies, Corp. (NASDAQ: KNDI), one of China's leading designers, manufacturers and exporters of all-terrain vehicles (ATVs), utility vehicles (UTVs), and its number one exporter of go-karts, presided today over the Opening Bell at NASDAQ, celebrating the Company's recent listing on NASDAQ on March 18, 2008.

Delphi Reports First Quarter 2008 Financial Results

Fri, 09 May 2008 13:35:00 EDT

Company Refinances and Extends DIP Credit Facility; Comments on Pension Funding

Martinrea International Inc. to Announce First Quarter Results on May 12, 2008

Fri, 09 May 2008 09:28:00 EDT

TORONTO, ONTARIO--(Marketwire - May 9, 2008) - Martinrea International Inc. (TSX:MRE) today announced that it will report its financial results for the quarter ended March 31, 2008, at close of business on Monday May 12, 2008. A conference call to discuss those results will be held on Tuesday May 13, 2008 at 8:00 a.m. (Toronto time) which can be accessed by dialing (416) 340-2216 or toll free (866) 898-9626. Please call 10 minutes prior to the start of the conference call. If you have any teleconferencing questions, please call Andre La Rosa at (416) 749-0314.