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ACAT, HDY, PAR - CRWESelect.com Stock News! Arctic Cat Inc., Hyperdynamics Corp., PAR Technology Corp. (Video Included Inside)

December 28, 2011 Investment news in Las Vegas,Nevada, United States of America

(Hyperdynamics Corp. has resumed drilling operations on the Sabu-1 exploration well)




FOR IMMEDIATE RELEASE
Las Vegas, Nevada, United States of America (Free-Press-Release.com) December 28, 2011 -- To view video, and read the full article visit URL http://crweselect.com/27951/stock-alerts/acat-hdy-par-crweselectcom-stock-news-arctic-cat-inc-hyperdynamics-corp-par-technology-corp-video-included-inside/

Arctic Cat Inc. (NASDAQ:ACAT)

ACAT announced today that it has purchased all of Suzuki Motor Corporation’s approximately 6.1 million shares of Arctic Cat Class B common stock for a purchase price of $79.3 million. The stock buyback reduces Arctic Cat’s outstanding shares from 18.4 million to 12.3 million, increasing non-Suzuki shareholders’ ownership of outstanding common shares by approximately 33 percent, and leaves Arctic Cat’s public share float unchanged. Arctic Cat funded this purchase with existing cash on its balance sheet. The company expects to end its 2012 fiscal year with more than $60 million in cash and no debt, after deducting cash used for the share purchase from Suzuki.

ACAT designs, engineers, manufactures and markets all-terrain vehicles (ATVs) and snowmobiles under the Arctic Cat® brand name, as well as related parts, garments and accessories.

For more information about ACAT please visit http://www.arcticcat.com/

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Hyperdynamics Corp. (NYSE:HDY)

HDY announced today it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa.

HDY is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa.

For more information about HDY please visit http://www.hyperdynamics.com/

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PAR Technology Corp. (NYSE:PAR)

ORBCOMM Inc., and PAR announced today that they have entered into a definitive agreement under which ORBCOMM will acquire the assets of PAR’s subsidiary, PAR Logistics Management Systems. PAR Logistics Management Systems is a leading provider of advanced solutions for monitoring transport assets and cargo in the transportation and distribution industries.

PAR hospitality segment has been a leading provider of restaurant and retail technology for more than 30 years. PAR offers technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains. PAR also offers hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management. PAR provides the spa industry a leading management application that was specifically designed to support the unique needs of the resort spa and day spa markets, a rapidly growing hospitality segment. PAR solutions also can be found in retailers, cinemas, cruise lines, stadiums and food service companies as well as being a leader in providing computer-based system design and engineering services to the Department of Defense and various Federal Agencies.

For more information about PAR please visit http://www.partech.com/

To read the full article visit URL http://crweselect.com/27951/stock-alerts/acat-hdy-par-crweselectcom-stock-news-arctic-cat-inc-hyperdynamics-corp-par-technology-corp-video-included-inside/

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free-press-release.com ACAT     Arctic Cat Inc.     hdy     Hyperdynamics Corp.     par     PAR Technology Corp.     Suzuki Motor Corporation

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