The U.S. House of Representative’s rejection of the Troubled Assets Relief Program, the proposed $700 billion Wall Street bailout, was a prudent decision, say two University of Arkansas researchers who are closely monitoring the U.S. financial crisis.

“The necessity of passing this particular bill was unclear,” said Tim Yeager, associate professor of finance in the Sam M. Walton College of Business and former economist at the Federal Reserve Bank of St. Louis. “Instead of purchasing mortgages directly at unknown prices, the government would be better off purchasing preferred shares of large financial institutions in crisis. If Wall Street lending truly freezes up over the next several days or months, this bill or another one can be passed by Congress to help alleviate the crisis. So at this point, the rejection of the Wall Street bailout bill is a good thing.”

ALEXANDRIA, Virginia, September 29 /PRNewswire/ -- CPA Software Solutions, part of CPA, a leading provider of outsourced legal support services and the world's top intellectual property (http://www.cpaglobal.com) (IP) management specialist, announced today the release of CPA Memotech (http://www.cpaglobal.com/software) 5.2, which is designed to further improve the overall productivity of corporate IP departments.

SARASOTA, Florida, September 29 /PRNewswire/ --

CPC of America, Inc. (OTC Bulletin Board: CPCF.OB) today announced that it had retained FTI Capital Advisors, LLC, the investment banking subsidiary of FTI Consulting, Inc., to explore strategic alternatives for the Company.

SANTA CLARA, California, September 29 /PRNewswire/ --

- Consultancy Leverages IntelliCorp to Eliminate Risk and Reduce Cost for SAP Customers

IntelliCorp, a worldwide provider of application lifecycle management, business process and data management software for SAP users, today announced a partnership with SQS, a global leader in independent software testing and quality management services, to bring SAP customers advanced Quality Assurance (QA) software that reduces the risk and cost associated with SAP lifecycle changes.

SUNNYVALE, California, September 29 /PRNewswire/ --

- Spirent TestCente(TM) Enables Interoperability Testing of Carrier Ethernet in Real-World Network Environments

Spirent Communications plc (LSE: SPT), a global provider of performance analysis and service management solutions, advances Carrier Ethernet networks and services by supporting the European Advanced Networking Test Center (EANTC) Interoperability Showcase at Carrier Ethernet World Congress 2008 in Berlin, Germany. Spirent, with its award-winning Spirent TestCenter(TM) platform collaborated with EANTC and over 2 dozen vendors to reliably test and analyze interoperability of complex Carrier Ethernet services and technologies.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080909/CLTU016LOGO )

SANTA CLARA, California and CAMBRIDGE, England, September 29 /PRNewswire/ --

- ARM to Develop and License Comprehensive Physical IP Design Platform Targeted at Achieving Optimal Power, Performance, and Area for Current and Future ARM Cortex Processors

IBM (NYSE: IBM), Chartered Semiconductor Manufacturing Ltd. (Nasdaq: CHRT, SGX-ST: CHARTERED) Samsung Electronics, Co., Ltd., and ARM [(LSE: ARM); (Nasdaq: ARMH)] today announced they will develop a comprehensive 32 nanometer (nm) and 28nm Systems-on-a-Chip (SoCs) design platform based on high-k metal-gate (HKMG) technology from the IBM-led joint-development alliance.

WELLESLEY HILLS, Massachusetts, September 29 /PRNewswire/ --

Joseph F. Finn, Jr., C.P.A. ("Finn"), Assignee of the assets of Spherics, Inc. ("Spherics") for the benefit of creditors, said, in an interview today, that interest in the Company's therapeutic drugs and technology platforms was strong. Numerous confidential agreements have been signed and conference calls between the Company's science team and prospective buyers have been productive and informative. The intellectual property will be sold at a sealed bid auction on October 10, 2008.

BRUSSELS, Belgium - Broadband World Forum, September 29 /PRNewswire/ -- At the Broadband World Forum 2008 tradeshow and exhibition today, Alcatel-Lucent (Euronext Paris and NYSE: ALU) is announcing a significant evolution of its industry-leading Triple Play Services Delivery Architecture (TPSDA), providing a foundation for service providers to deliver superior video quality, with greater personalisation and interactivity.

BEIJING, September 29 /PRNewswire/ --

- Claim Stems from LoJack's Termination of China Technology License

Kington Holdings Ltd ("Kington") announced today that it has filed a counterclaim in proceedings with the American Arbitration Association against LoJack Equipment Ireland Ltd ("LoJack Ireland"), a subsidiary of LoJack Corporation (Nasdaq: LOJN) ("LoJack"), a provider of recovery systems for stolen vehicles.

The dispute arose from LoJack Ireland's termination of a Technology License agreement for China on 12th November 2007, after which LoJack filed for arbitration for alleged damages in the amount of US$5,000,000 and enforcement of certain post-termination provisions.

BRITISH COLUMBIA, Canada, September 29 /PRNewswire/ --

- Receives Recognition in Two Leading Industry Publications

InNexus Biotechnology Inc., (OTC Bulletin Board: IXSBF; TSX VENTURE: IXS; http://www.ixsbio.com), a drug development company commercializing the next generation of monoclonal antibodies based on its Dynamic Cross Linking (DXL(TM)) technology, announces Jeff Morhet, CEO and Chairman, to present during BioContactQuebec 2008. The company also announces the featuring of Mr. Morhet in two leading publications, Genetic Engineering & Biotechnology News and The PharmaVoice List of Top 100 in Life Sciences.