MarketBeasts (MBC)

[spiel2001]

MarketBeasts.com Founding Member Jeffrey L. Harrison Retires
KISSIMMEE, Fla., Nov. 26, 2002 (PRIMEZONE) -- MarketBeasts.com LLC announced today that one founding member, Jeffrey L. Harrison, has retired from the company resigning his position and assuming the role of a non-managing minority member effective November 26, 2002. Co-founder Scott Piel stated: "I have regretfully accepted Mr. Harrison's resignation as he has been both a friend and an ally to the company. His input into the development of this company has been appreciated and will be missed. We wish him the best of luck in his future endeavors."

About MarketBeasts.com

MarketBeasts.com, headquartered in Central Florida, operates an online data and information service at http://www.MarketBeasts.com targeted specifically to non-professional securities investors. The company's principal goal is to close the information gap that exists between professional and non-professional investors at a competitive price through the acquisition and distribution of the most reliable, complete, accurate and timely market data as can be obtained. Membership at the MarketBeasts.com is free and without hidden costs, offering both free and subscription-based services. For additional information, contact MarketBeasts.com at 321-697-0552.

Safe Harbor Statement

Except for the historical information contained herein, the statements in this press release are 'forward-looking' statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.

CONTACT: MarketBeasts.com LLC
K. Scott Piel
[phone]
[e-mail]


http://www.primezone.com/pages/news_releases.mhtml?d=34299

[Capt_Nemo]

SEC Chairman Harvey Pitt resigns
By Rex Nutting, CBS.MarketWatch.com
Last Update: 9:59 PM ET Nov. 5, 2002







WASHINGTON (CBS.MW) - Embattled SEC Chairman Harvey Pitt resigned late Tuesday, White House officials said.



CBS MARKETWATCH TOP NEWS
SEC Chief Harvey Pitt resigns
SEC widens WorldCom charges
Results awaited in key races
Dow rallies in late trade to 10-week high

Free! Sign up here to receive Bambi Francisco's Net Sense e-newsletter!






Pitt submitted his resignation letter to President Bush Tuesday afternoon, even as election returns dominated news coverage.

Read the text of Pitt's resignation letter.

The resignation capped a tumultuous year in office for Pitt, which saw a wave of corporate scandals sink Wall Street shares and investor confidence.

Pitt's controversial tenure at the SEC hit a fever pitch last week when it was reported that he neglected to tell SEC governors that William Webster, his candidate to run the agency's new accounting oversight board, had been involved in a fraud probe a few years ago.

His troubles were compounded by a recent study that shows public faith in the SEC is at an all-time low.

Pitt was a controversial choice from almost the beginning. He purposely distinguished himself from his predecessor, Arthur Levitt, by promising a "kindler, gentler" SEC in his very first public speech.

Pitt's troubles mounted when accounting and corporate governance scandals rocked Wall Street. While Congress dithered over reform legislation, Pitt insisted that the SEC could restore investor confidence without new laws.

Pitt also raised hackles when he met with former clients who were subjects of SEC investigations.

As calls for his resignation mounted, Pitt seemed to dig his heels in. He strongly denied that he had been unduly influenced by the lobbyists for the accounting industry in the selecting Webster for the audit board and denied that he had offered and then withdrawn the job to John Biggs of TIAA-CREF.

The final straw came Monday, when it was revealed that Pitt had withheld potentially damaging information about Webster's past from his fellow commissioners.

Pitt had insisted all along that he was the toughest possible regulator for the accounting and securities industries. He had worked as the general counsel for the SEC before switching sides to represent accounting and securities interests. He joked that he knew where all the "bodies were buried."

Under Pitt, enforcement actions against corporate wrongdoers had increased. His agency was part of a Corporate Fraud Task Force that has brought indictments against more than a dozen corporate leaders, including leaders at Enron, WorldCom, Adelphia, Andersen and Tyco.

Top Democrats, including Senate Majority Leader Tom Daschle, House Minority Leader Dick Gephardt and Senate Banking Committee Chairman Paul Sarbanes had called for Pitt's resignation. After the Webster fiasco, Republicans such as Sen. Mike Enzi, the only accountant in the Senate, joined maverick John McCain in publicly criticizing Pitt.

It was obvious that the end was near when the powerful U.S. Chamber of Commerce withdrew its support.

It was not immediately clear whether Bush sought Pitt's resignation, the Associated Press reported. Officials did not reveal who will replace Pitt.

Rex Nutting is Washington bureau chief of CBS.MarketWatch.com.

http://cbs.marketwatch.com/news/story.asp?guid=%7BF850EB64%2DFE52%2D4BDB%2D8A7E%2DC86BA8B7453E%7D&am....


Rick...
As scarce as truth is, the supply has always been in excess of the demand."
-Josh Billings
A place to report scum,,,errrrrrrr I mean scams......
http://www.investorshub.com/boards/board.asp?board_id=610

[Rager]

Embattled SEC Chairman Pitt Resigns...>


WASHINGTON (Reuters) - Harvey Pitt, the embattled chairman of the U.S. Securities and Exchange Commission (news - web sites), resigned on Tuesday, citing the turmoil surrounding his tenure.


Pitt had come under heavy fire for not informing SEC commissioners and the White House that the new chairman of a U.S. accounting oversight board, William Webster, had headed the audit committee of a company facing accusations of fraud.


White House spokeswoman Claire Buchan said President Bush (news - web sites) accepted Pitt's resignation.


"Unfortunately the turmoil surrounding my chairmanship and the agency makes it very difficult for the commissioners and dedicated SEC staffers to perform their critical assignments. Rather than be a burden to you or the agency, I feel it is in everyone's best interest if I step aside now," Pitt said in a letter to Bush.

[alwaysawinner8]

Hi Rager... it has been a while and in the last few days
I noticed HYVR... wow... my investments are paying off.
thank you .. wishing success to marketbeasts all the way guys

[Rager]

fwiw...mornin dewd

this is IMO good

REDMOND, Wash., Oct 22 (Reuters) - Microsoft Corp. (MSFT,Trade) said on on Tuesday it plans to acquire location tracking technology company Vicinity Corp. (VCNT,Trade) for $96 million.

Vicinity, which provides technology that allows mobile device users to determine their location and find nearby businesses, will be merged with Microsoft's MapPoint business by the end of the first quarter of 2003, the companies said in a statement.

Microsoft, which is deploying its .NET initiative to connect software and services over different platforms and devices, has targeted users of advanced mobile phones and handheld computers as a key component of its strategy.

Vicinity shares closed at $2.24 on Nasdaq ahead of the news.

[100lbStriper]

Sorry, full news clip here,
Hydro Environmental Resources Announces Commercial Availability of Low-Pressure Hydrogen Reactor
10/21/2002 11:01:00 AM
Environmentally Safe and Cost-Effective Hydrogen To Meet Needs of Alternative Energy Industry

PORTLAND, Ore., Oct 21, 2002 (BUSINESS WIRE) -- At the Energy Technology Showcase 2002, an international conference focused on major energy technology developments, Hydro Environmental Resources (HERI), Inc. (HYVR), a developer of hydrogen and hydrogen reactors, today announced the commercial availability of its industrial Electrical Chemical Hydrogen Fuel Reactor (ECHFR).

The ECHFR is one of the first hydrogen reactors that eliminates the need for an outside energy source to produce a pure commercial-grade of hydrogen at low pressure. This proprietary process delivers a highly mobile, more cost-effective and physically safe production of hydrogen than alternative methods requiring outside energy sources such as electricity, solar power and fossil fuels.

"Hydrogen energy offers a permanent solution to global energy, economic, and environmental problems and is now ready for support from governments and industrial organizations," said David Rosenberg, president and chief executive officer for HERI. "To date, the viability of hydrogen as an alternative energy source has been hindered by technologies that are cost-prohibitive, immobile and potentially unsafe for broad industry use. We're confident that HERI's technology approach will help drive the broad adoption of this valuable energy source."

The ECHFR is a fuel reactor that produces a commercial-grade of hydrogen gas at low pressure that does not require high-pressure vessels or an external power source. HERI implements a closed system electrical chemical procedure that produces hydrogen gas and residual heat generated from the reaction. Multiple safe compounds are added to any water-based liquid, producing a reaction between 60 and 300 degrees Fahrenheit depending on atmosphere. Low voltage electrical activity takes place within the system. Once the hydrogen gas is produced, the by-product is distilled potable water that can be used for human consumption.

The system can easily be integrated with fuel cells, combustion engine driven generator sets for producing electricity and burned for heat energy applications. Since the ECHFR is highly mobile and can produce low-pressure hydrogen on demand, it is designed to overcome many of the industry's challenges with storing and transporting hydrogen in a safe and cost-effective manner.

Hydrogen can be used in many applications in which fossil fuels are being used today. For example, hydrogen being used in combustion engines, turbines and jet engines is more efficient than using fossil fuels like coal, petroleum and natural gas. A range of transportation vehicles can run on hydrogen including automobiles, buses, trains, ships, submarines, airplanes and rockets. Hydrogen can also be converted directly to electricity by fuel cells, with a variety of applications in transportation and stationary power generation. Combustion of hydrogen with oxygen results in pure steam, which has many applications in industrial processes and space heating. Moreover, hydrogen is an important industrial gas and raw material in numerous industries, such as semiconductor, metallurgical, chemical, pharmaceutical, fertilizer, recreational and food industries.

HERI, based in Vancouver, Washington, was founded in 1998 with the primary goal of exploring avenues to improve the global environment through the development of safe and efficient methods of alternate energy production. The HERI team is focused on the production of alternate energy, waste treatment, and clean, potable water, through its breakthrough technology, the Electrical Chemical Hydrogen Fuel Reactor (ECHFR). For more information visit the company on the Web at www.hyrdogenerate.com

[100lbStriper]

Hydro Environmental Resources Announces Commercial Availability of Low-Pressure


Hydrogen Reactor

Business Editors/Energy Editors
Energy Technology Showcase 2002

PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 21, 2002--

Environmentally Safe and Cost-Effective Hydrogen To Meet Needs of
Alternative Energy Industry

At the Energy Technology Showcase 2002, an international
conference focused on major energy technology developments, Hydro
Environmental Resources (HERI), Inc. (OTCBB:HYVR), a developer of
hydrogen and hydrogen reactors, today announced the commercial
availability of its industrial Electrical Chemical Hydrogen Fuel
Reactor (ECHFR).
The ECHFR is one of the first hydrogen reactors that eliminates
the need for an outside energy source to produce a pure
commercial-grade of hydrogen at low pressure. This proprietary process
delivers a highly mobile, more cost-effective and physically safe
production of hydrogen than alternative methods requiring outside
energy sources such as electricity, solar power and fossil fuels.
"Hydrogen energy offers a permanent solution to global energy,
economic, and environmental problems and is now ready for support from
governments and industrial organizations," said David Rosenberg,
president and chief executive officer for HERI. "To date, the
viability of hydrogen as an alternative energy source has been
hindered by technologies that are cost-prohibitive, immobile and
potentially unsafe for broad industry use. We're confident that HERI's
technology approach will help drive the broad adoption of this
valuable energy source."

[100lbStriper]

Vector To Eliminate 1.6 Million in Secured Debt
Monday October 21, 7:00 am ET


HOUSTON--(BUSINESS WIRE)--Oct. 21, 2002--Vector Energy Corporation (OTCBB:VECT - News) today announced that it has negotiated a plan with its secured lender to eliminate all secured indebtedness by Dec. 2, 2002. Under the terms of the new agreement, Vector paid $300,000 to its lender before Sept. 30, 2002. Vector is relieved of all payments until Dec. 2, 2002. Vector has the option on or before Dec. 2, 2002 to pay the lender either an additional $300,000 in cash or $150,000 in cash and $200,000 in production payments in exchange for the forgiveness of the remainder of its indebtedness amounting to approximately $1.6 million. In addition, the lender has agreed to convert all of its $3 million in preferred stock into common stock equivalent to a 45% ownership position.
"This transaction is the most significant in Vector's history," said Sam Skipper, chairman and CEO of Vector. "We now have a clear path to eliminate all of our secured indebtedness and enhance common shareholder equity by the conversion of $3 million in preferred stock."

Vector Energy Corporation is a Houston-based company primarily engaged in the acquisition, development and production of natural gas and crude oil.

This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.



--------------------------------------------------------------------------------
Contact:
Vector Energy, Houston
Investor Relations, 713/773-3284

[100lbStriper]

LaserSight Receives $2 Million Equity Investment From Chinese Strategic Partner
Monday October 21, 7:30 am ET


WINTER PARK, Fla., Oct. 21 /PRNewswire-FirstCall/ -- LaserSight Incorporated (Nasdaq: LASE - News) announced today that it has received the $2 million equity investment from the Hong Kong based affiliate of Shenzhen New Industries Medical Development Co. ("Shenzhen New Industries"), Shenzhen, People's Republic of China. Receipt of the equity investment completes the third part of the previously announced strategic relationship between the companies that now includes a purchase agreement for at least $10 million worth of LaserSight products over a twelve month period, the $2 million equity investment in LaserSight Incorporated and distribution of LaserSight products in mainland China, Hong Kong, Macao and Taiwan. Shenzhen New Industries is a company that specializes in advanced medical treatment services, medical device distribution and medical project investment.
Details of the equity investment are the same as previously announced. The investment in LaserSight is in the form of Convertible Preferred Stock that, subject to certain restrictions, can be converted into shares of LaserSight's Common Stock resulting in the Hong Kong affiliate holding approximately 40% of LaserSight's Common Stock. In addition, the holders of the Convertible Preferred Stock also have the right to vote separately as a single class to elect that number of directors that will constitute 40% of the membership on LaserSight's Board of Directors.

Michael R. Farris, president and chief executive officer of LaserSight Incorporated, commented, "Receiving the equity investment further solidifies the strategic partnership between LaserSight and Shenzhen New Industries. Our day-to-day working relationship is already well established, and we have already shipped approximately $1.1 million of our products under the first Letter of Credit. LaserSight personnel have been actively working with Shenzhen New Industries in the China market and were recently in China to support Shenzhen's implementation activities."

LaserSight® is a leading supplier of quality technology solutions for laser vision correction and has pioneered its patented precision microspot scanning technology since it was introduced in 1992. Its products include the LaserScan LSX® precision microspot scanning system, its international research and development activities related to the Astra family of products used to perform custom ablation procedures known as CustomEyes and its MicroShape® family of keratome products. The Astra family of products includes the AstraMax® diagnostic workstation designed to provide precise diagnostic measurements of the eye and CustomEyes CIPTA and AstraPro® software, surgical planning tools that utilize advanced levels of diagnostic measurements for the planning of custom ablation treatments. In the United States, the Company's LaserScan LSX excimer laser system operating at 200 Hz is approved for the LASIK treatment of myopia and myopic astigmatism. The MicroShape family of keratome products includes the UltraShaper® durable keratome and UltraEdge® keratome blades.

This press release contains forward-looking statements regarding future events and future performance of the Company. Such statements are based on Management's current expectations and actual results could differ materially. Investors should refer to documents that the Company files from time-to-time with the Securities and Exchange Commission for a description of certain factors that could cause the actual results to vary from current expectations and the forward looking statements contained in this press release. Such filings include, without limitation, the Company's Form 10-K, Form 10-Q and Form 8-K reports.

Contact:
Bill Kern
Sr. Vice President - Corporate Development
407.678.9900 extension 163
[e-mail]

[Capt_Nemo]

Way to go rage and Speil,,,,,,,,,,OK lets talk private placement...Haaaaaaaaaaaa What kinda deal you gonna cut me???? Just kiddung,Best of luck to MB and you two,,,,,,,,You have come a long way..........

Rick...
As scarce as truth is, the supply has always been in excess of the demand."
-Josh Billings
A place to report scum,,,errrrrrrr I mean scams......
http://www.investorshub.com/boards/board.asp?board_id=610

[Rager]

MarketBeast.com News ...
http://biz.yahoo.com/pz/021017/32721.html
MarketBeasts.com Initiates Reverse Merger Process by Signing a Letter of Intent to Acquire Broadway Capital, Inc.
Thursday October 17, 8:30 am ET


KISSIMMEE, Fla., Oct. 17, 2002 (PRIMEZONE) -- MarketBeasts.com and Broadway Capital, Inc. have signed a Letter of Intent on October 16, 2002 for the acquisition of Broadway Capital, Inc. and merger with MarketBeasts.com. This is the first step required to take MarketBeasts.com public. The remaining steps will require approval of the filings with the SEC in the near future. Scott Piel said, ``MarketBeasts.com's success depends on customer service and timely data which has been achieved. We look forward to expanding our online services per our customers' needs.'' Broadway Capital, Inc. will be renamed to MarketBeasts.com.
About MarketBeasts.com

MarketBeasts.com, headquartered in Central Florida, operates an on-line data and information service at http://www.MarketBeasts.com targeted specifically to non-professional investors. The company was founded by two active investors: Scott Piel, a Networking and Software Engineer with over twenty years experience, and, Jeffrey L. Harrison, a Graphics Design, Advertising and Marketing Specialist with over thirty years experience. The company's principal goal is to close the information gap that exists between professional and non-professional investors at a competitive price. Membership at the MarketBeasts.com is free and without hidden costs, offering both free and subscription-based services. For additional information, contact MarketBeasts.com Customer Service at 503-325-9282.

Safe Harbor Statement:

Except for the historical information contained herein, the statements in this press release are 'forward-looking' statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.



Contact:
MarketBeasts.com
Jeffrey L. Harrison
[phone]
[e-mail]

[Mr. Ed]

WLFO-huge news- FRISCO, TX (Business Wire, October 16, 2002) – Yung Jin International Investment Ltd has agreed to loan Wulf International Ltd $500 million to be used for Wulf’s Philippines Low-Income Housing Project. Yung Jinis a wholly owned subsidiary of Sino American International Foundation Ltd, and the loan agreement was signed at their headquarters in Schenzhen, China.

Sino American first offered this loan in mid-January 2002. Since then Wulf has provided Sino American with detailed information on its 1 million homes project and all required corporate data. Sino American-Yung Jin has provided corporate data to Wulf and information on their business activities. This was followed by due diligence by both parties and a period of negotiations that has now resulted in a formal loan agreement. Today Yung Jin disclosed that their bank is Deutsche Bank of Germany and that they will provide more banking details later this week. Wulf has informed Yung Jin that it intends to engage ABN AMRO bank to handle the matter for Wulf. The terms and conditions of the loan are as follows:

· The amount of the loan is $500 million for a term of 10 years. Interest will be 3% payable in arrears. The term may be extended by mutual consent of the parties for an additional 10 years.

· Wulf must use the loan funds for its Philippines Low-Cost Humanitarian Housing Project.

· Wulf must provide to Yung Jin as collateral a bank guarantee in the amount of $500 million for a term of 10 years or lesser terms if mutually agreed to by the parties.

· The loan transaction shall be executed on a bank to bank basis.

In addition to its main office in Schenzhen, Sino American International Foundation Ltd has disclosed that they have offices in New York City, Hong Kong, and Kuala Lumpur. Further, they disclosed that their company is engaged in making loans for humanitarian projects both inside China and in other countries. Recent loans described by Sino American include funding for a rural electrical power project in Malaysia and similar humanitarian loans for projects in Mongolia and Zimbabwe. The Chairman of both Sino American and Yung Jin is Mr. Zhipu Chai, former Deputy Minister of Energy and Environment in the Chinese Government.

International loans of this size are very complicated in nature, must necessarily involve major international banks, and are subject to numerous banking and other regulations and disclosures. Any number of problems may arise that will prevent the transfer of the Yung Jin funds to Wulf International for its Philippines Project.

SAFE HARBOR STATEMENT UNDER THE PRIVATE LITIGATION REFORM ACT OF 1995.
Statements contained in this document which are not historical fact are forward-looking statements based upon management’s current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements

[Rager]

lmao yep the arm pits...great day...!

[100lbStriper]

Must be the arm pits then !!!eom.

[Mr. Ed]

hydrogen-odorless,LOL.

[100lbStriper]

Rager you smell'n any hydrogen this morning or is it just my arm pits I'm smell'n !!!! LOL.....

[Rager]

Workgroup Technology Corporation Announces That It is Engaged in Discussions with Several Parties Regarding the Possible Acquisition of the Company
Wednesday October 16, 7:35 am ET


BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 16, 2002--Workgroup Technology Corporation (WTC) (NASDAQ: WKGP - News), a leading provider of Web-enabled, extended enterprise collaborative product data management software solutions, today announced that it is engaged in discussions with several parties regarding the possible acquisition of the Company. One such party, Rocket Software, Inc., in an amendment to its Schedule 13D filed on October 15, 2002, reported that it had submitted a non-binding proposal to acquire the Company in a merger transaction pursuant to which stockholders of the Company would receive $1.58 per share in cash. The Company is currently considering this and other proposals. There can be no assurances that any transaction will be concluded or, if a transaction is concluded, whether the price per share paid in such transaction will be higher or lower than that proposed by Rocket Software, Inc.
About Workgroup Technology Corporation

WTC develops, markets and supports WTC ProductCenter(TM), a web-enabled, extended enterprise collaborative Product Data Management (PDM) solution that provides document management, design integration, configuration control, change management, and enterprise integration for optimizing product development. Based in Burlington, Massachusetts, the Company differentiates itself on the basis of its controlled and secure accessibility, enterprise integration, and quick adaptability of its software. Thousands of users at mid-sized and global companies are in production and benefit from WTC products, including ABB Flexible Automation; Baker Oil Tools; Eaton Corporation; General Electric Company; Goodrich Turbine Fuel Technologies; Honeywell; Millipore Corporation; Siemens Energy & Automation, Inc.; U.S. Army; and Whirlpool Corporation. The Company's Web site is located at www.workgroup.com.

The foregoing statements that are not historical fact are forward-looking statements. The forward-looking statements in this news release, including estimates and timing of future results, references to products in development, including WTC ProductCenter 8, the ability to generate revenue from WTC ProductCenter 8 and other of WTC's PDM products and their related maintenance and professional services, cash flow and other financial projections, and the estimates and timing of actions that the Company might take, or the results of such actions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a wide range of risks and uncertainties. Among these risks are the continued acceptance of WTC's products, future acceptance of WTC ProductCenter 7 and WTC ProductCenter 8, WTC's heightened name and product recognition, WTC's level of continued research and development expenditures, WTC's ability to develop enhanced functionality into its new and existing products in a timely fashion, WTC's ability to grow from the sales of its products, general competitive pressures in the marketplace, the continued overall growth of the PDM market, the Company's ability to conclude a strategic transaction with a third-party, and the Company's ability to maintain the listing of its common stock on The Nasdaq SmallCap Market. Further information regarding factors that could affect WTC's results are included in WTC's Form 10-K for the 2002 fiscal year, which was filed with the Securities and Exchange Commission in May 2002.



--------------------------------------------------------------------------------
Contact:
Workgroup Technology Corporation
Investor Relations, 781/270-2620
[e-mail]



--------------------------------------------------------------------------------
Source: Workgroup Technology

[Rager]

Therma-Wave Confirms Settlement with KLA-Tencor
Wednesday October 16, 7:30 am ET


FREMONT, Calif.--(BUSINESS WIRE)--Oct. 16, 2002--Therma-Wave, Inc. (Nasdaq:TWAV - News), a worldwide leader in development, manufacture and sale of process control metrology systems used in the manufacture of semiconductors, confirms that it has settled a claim that an early product design of its recently acquired subsidiary Sensys infringed a patent owned by KLA-Tencor. As part of the settlement, KLA-Tencor has agreed that it would not assert a claim for infringement against the product that Sensys is currently selling.
"We are pleased by the outcome of this claim. Prior to our acquisition, Sensys had developed new and proprietary hardware that is quite different from KLA-Tencor's patent. The current product that Sensys is shipping is based on this new and proprietary hardware. Therefore, we believe this settlement was an appropriate resolution in light of the new design," commented Martin Schwartz, president and CEO of Therma-Wave. "Furthermore, we are happy to report that our new product has been favorably received by our customers, and we look forward to more shipments in the future."

About Therma-Wave, Inc.

Since 1982, Therma-Wave, Inc., has been revolutionizing process control metrology systems through innovative proprietary products and technologies. The company is a worldwide leader in the development, manufacture, marketing and service of process control metrology systems used in the manufacture of semiconductors. Therma-Wave currently offers leading-edge products to the semiconductor manufacturing industry for the measurement of transparent, semi-transparent, and opaque thin films; for the control of critical dimensions of semiconductor features; for the monitoring of ion implantation; and for the integration of metrology into semiconductor processing systems. For further information about Therma-Wave, Inc., access the web site at: http://www.thermawave.com.

This press release contains forward-looking statements as that term is defined in the Private Securities Reform Act of 1995, which are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such statements relating to our Sensys operation and introduction of our integrated product and outlook, are based on current expectations. Such statements are subject to risks, uncertainties, and changes in condition and other risks, some of which are detailed in documents filed with the Securities and Exchange Commission, including specifically Exhibit 99.1 to the Company's annual report on Form 10-K for the fiscal year ended March 31, 2002 and subsequent Forms 10-Q. The Company undertakes no obligation to update the information in this press release.



--------------------------------------------------------------------------------
Contact:
Therma-Wave, Inc.
Ray Christie, 510/668-2200
[e-mail]

[Rager]

IBAS - News
iBasis Named Eighth Fastest Growing Technology Company in North America in Deloitte & Touche Fast 500 Program
iBasis Five-Year Revenue Growth Exceeded 100,000%
Wednesday October 16, 7:08 am ET


BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 16, 2002--iBasis, Inc., (NASDAQ: IBAS - News), the leader in Internet-based voice communications, today announced that it has been ranked the #8 fastest growing technology company in North America in Deloitte & Touche's prestigious "Technology Fast 500" Program. The annual Technology Fast 500 program is a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage revenue growth over five years, from 1997 through 2001. Over that period iBasis achieved revenue growth of more than 105,000 percent. The average increase in revenues among companies in the Fast 500 was 6,772 percent.
ADVERTISEMENT


In addition to achieving its top-ten national ranking, iBasis ranked #1 in the New England regional Technology Fast 50. iBasis has received a regional #1 ranking from the Technology Fast 50 program for three consecutive years. Based on revenues for periods ending in 1999 and 2000, the company was ranked the #1 "Rising Star" among New England technology companies with three to five years of revenue history. This is the first year iBasis has qualified for the Fast 50 ranking.

"While the whole communications sector has been under great pressure recently, the fact that we were able to sustain rapid growth rates over the five year period from 1997 through 2001 is indicative of substantial market demand for our services," said Ofer Gneezy, president and CEO of iBasis. "Also, having two wholesale VoIP providers, iBasis and ITXC, among the ten fastest-growing technology companies in North America is further validation of VoIP technology as the network platform of the future for telecommunications. We're very pleased to be acknowledged in this way, and I congratulate all the other Fast 500 companies on their achievement."

Fast 500 Selection and Qualifications

The Fast 500 list is compiled from three sources: Deloitte & Touche's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least US$50,000 and CD$75,000, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development of technology.

About iBasis

Founded in 1996, iBasis (Nasdaq: IBAS - News) is a leading provider of wholesale international telecommunications services to large carriers and other service providers worldwide. Named by service providers as the #1 international wholesale carrier in Atlantic-ACM's 2002 International Wholesale Carrier Report Card, iBasis is a preferred provider of international voice services for many of the largest carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, Concert, Sprint, Telefonica, Telenor, Telstra, and WorldCom. The company's global VoIP infrastructure, The iBasis Network(TM), spans more than 85 on-net countries and is the world's largest international Cisco Powered Network(TM) for Internet Telephony. The company can be reached at its worldwide headquarters in Burlington, Massachusetts, USA at 781-505-7500 or on the Internet at www.ibasis.com.

Assured Quality Routing and iBasis are registered marks, The iBasis Network, Internet Central Office, Internet Branch Office, ConnectPoint Global Access, and IP CallCard are trademarks of iBasis, Inc. Cisco and Cisco Powered Network are registered trademarks of Cisco Systems, Inc. All other trademarks are the property of their respective owners.

Except for historical information, all of the expectations, projections and assumptions contained in the foregoing press release, including those relating to the company's current expectations regarding revenue growth, sources of revenue, margin improvement and future capital expenditures constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, (i) the extent of adoption of the company's services and the timing and amount of revenue generated by these services; (ii) fluctuations in the market for and pricing of these services; (iii) potential inability of the company to maintain its NASDAQ listing; and (iv) the other considerations described as "Risk Factors" in iBasis' Annual Report on Form 10-K for its fiscal year ended December 31, 2001, and the company's other SEC filings. We have no current intention to update any forward-looking statements.



--------------------------------------------------------------------------------
Contact:
iBasis, Inc.
Media:
Chris Ward, 781/505-7557
[e-mail]
or
Investors:
Richard Tennant, 781/505-7409
[e-mail]

[Rager]

Striper, #1 on my list...love the way this stock moves,
won't be long now ...IMO

[100lbStriper]

Rager you looking at HYVR ??? gotta love it !!!!!

[Rager]

OFCC news

Ofek Capital: Strong Demand for Venture Capital and Sub-Prime
Leasing Services Persists

Business Editors

TORONTO--(BUSINESS WIRE)--Oct. 15, 2002--Ofek Capital Corp. (Pink Sheets:OFCC) acknowledges continued strong demand for services it offers through wholly owned subsidiaries Venture Capital Corp. and AJM Leasing.

Venture Capital Corp. is evaluating numerous equity, funding and investment prospects, and has made proposals expected to materialize into final agreements. The demand has proven so strong that a significant number of proposals to Venture Capital Corp. have been turned down.

AJM Leasing notes that requests for their sub-prime leasing service have increased dramatically and revenues should persist, expanding at over 25% annually. Management's commitment to the core sub-prime lending niche market is evidenced in Ofek's most recent quarterly consolidated financial statement: 21% increased Revenues, 61% reduction in Net Losses, positive cash flow from operations, 420% increase in Assets and 300% increase in shareholders' Net Equity.

Mr. Shalom Romm, CEO and Chairman of Ofek Capital notes, "As this course of business productivity continues, I believe that profitability in the near future is inevitable. And, although it has proven a much slower than anticipated process, we reiterate our commitment to move forward and to advance Ofek's registration statement and the documents necessary to become listed on the OTC Bulletin Board. Our continued business productivity and the anticipated listing will help put Ofek on the road to achieve its goals."

Management believes that the OTC-BB listing is attainable in the foreseeable future.

About Ofek Capital

http://www.OfekCapital.com

Ofek Capital is a North American financial services company that operates within the sub prime lending and financing market. Ofek believes that the sub prime market is the most lucrative niche in the financial services industry.

Ofek Capital subsidiaries include: AJM Leasing, Venture Capital Corp., Mortgage Bankers of North America, and SecondaryMarkets.

- Ofek leases used cars through its Ontario subsidiary, AJM

Leasing.

- Venture Capital Corp., a Delaware subsidiary is currently

evaluating a number of equity involvements, funding and

investment prospects. Upon completion of proper due diligence,

Ofek will move forward and expects to enhance its balance

sheet and to benefit shareholder equity and value.

- Mortgage Bankers of North America, a California subsidiary,

anticipates offering traditional mortgage banking services in

24 states.

- SecondaryMarkets, a California subsidiary is developing a

proprietary, patent pending, automated submission and lending

approval software system. It will be state of the art and

capable of generating immediate loan approval from multiple

loan providers.

This release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, which reflect management's expectations regarding Ofek's future growth, results of operations, performance and business prospects and opportunities. These statements reflect management's current beliefs and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions. A number of factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements.

--30--eg/mi*

CONTACT: Emerson Gerard Associates, West Palm Beach, Fla.

Jerry Jennings, 561/881-7318

Fax: [phone]

[e-mail]

KEYWORD: INTERNATIONAL CANADA

INDUSTRY KEYWORD: BANKING

SOURCE: Ofek Capital

Today's News On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.

URL: http://www.businesswire.com

-0- Oct/15/2002 14:00 GMT 

[Rager]

APOA gapping fwiw

[Rager]

Invitrogen to Acquire InforMax (missed it)

Business Editors & Health/Medical Writers

BIOWIRE2K

SAN DIEGO & BETHESDA, Md.--(BUSINESS WIRE)--Oct. 15, 2002--Invitrogen Corp. (Nasdaq:IVGN) and InforMax Inc. (Nasdaq:INMX) today announced a definitive agreement under which Invitrogen will acquire InforMax in an all-cash transaction valued at $1.36 per share, or approximately $42 million for the fully-diluted equity.

The transaction, which is anticipated to close by year-end, will be conducted as a cash tender offer for all InforMax shares. Invitrogen expects to commence the tender offer within the next 10 business days.

"Through innovation and acquisitions, we've enhanced the value of Invitrogen's product line and created the industry's broadest, most integrated technology platform to simplify molecular biology research," said Lyle Turner, president, chairman and CEO of Invitrogen Corp. "InforMax's software enhances our product line's value and technology platform even further. Vector NTI(TM) and the Vector Family of Products, InforMax's industry-leading tools for experimental design, management, and interpretation, simplify the use of Invitrogen's kits for gene identification, cloning, expression, and analysis. Now we can further accelerate biological discovery and understanding by offering the first comprehensive tool set for all phases of research -- from the desktop to the lab bench."

Remarking on the proposed acquisition, Andrew Whiteley, InforMax's president, chairman and CEO, said, "The sale of InforMax to Invitrogen is in the best interest of InforMax's shareholders. By leveraging Invitrogen's strong global life sciences market presence, sales team, and marketing know-how, we believe this transaction will serve to accelerate the growth of InforMax's Vector NTI(TM) franchise, recently announced next generation of Vector Family of Products and penetration into our extensive installed customer base. Our existing customers stand to benefit from the expanded range of products, services, and exceptional technical and scientific talent resulting from this merger. We also look forward to communicating the value of this exciting new combination of computational and reagent tools to new customers once this transaction is closed."

Upon completion of the transaction, Whiteley will assume the title of president, InforMax. Whiteley has been a member of InforMax's board of directors since August 2000 and assumed the position of chairman and CEO in April 2002. Under his leadership, the company has re-focused on its core expertise, strengthened its R&D processes and been reinvigorated with a customer-focused culture.

Whiteley was previously with Amersham Pharmacia Biotech Inc., a provider of integrated drug discovery solutions. There he held several positions including vice president of bioinformatics, vice president of the sequencing business, site director for Amersham International PLC's Cleveland facility and head of Amersham International's group marketing. He holds a Bachelor's degree in chemistry and biochemistry.

"We believe Mr. Whiteley will be an excellent addition to Invitrogen's Senior Management team," remarked Turner. "He has extensive experience in our industry and he is committed to the same strategic goals as Invitrogen -- driving innovation and growth, providing quality and service, and expanding market leadership."

The transaction has been structured as a public tender offer for 100 percent of InforMax's outstanding common stock, to be followed by a merger of InforMax with a wholly owned subsidiary of Invitrogen. Invitrogen intends to commence the offer for all of InforMax's outstanding shares within the next 10 business days. Unless otherwise extended, the offering period will run for 20 business days and, subject to regulatory review, is expected to close by the end of the year. The completion of the transaction is subject to the satisfaction of customary closing conditions, including the tender of at least a majority of InforMax's outstanding shares on a fully-diluted basis. The transaction has been approved by the boards of directors of both companies.

Conference Call and Replay Information

Invitrogen and InforMax will hold a conference call and Web cast today at 11:00 a.m. Eastern Time to discuss Invitrogen's offer for InforMax. Interested parties may participate in the call by dialing 866/685-3766 in the United States or 617/847-3007 internationally at 10:50 a.m. Eastern Time. Please use pass code 360168. To view the Web cast, point your browser to www.invitrogen.com and click on investor relations. A replay of the conference call will be available for 30 days by calling 888/286-8010 in the United States or 617/801-6888 internationally. Please use pass code 63343.

About Invitrogen

Invitrogen provides essential technologies to biotechnology and biopharmaceutical researchers and companies worldwide. Invitrogen manufactures and markets a breadth of products for life sciences discovery, development and production. These include research tools in kit form and catalog and custom products and service for corporate, academic and government entities. Invitrogen also engages in technology licensing, research service, large-scale production, and life science technical expertise and support. With operations in more than 20 countries and distributor relationships in 50 more, Invitrogen employs approximately 2500 people at its worldwide locations.

For more information about Invitrogen visit the Web site at www.invitrogen.com.

About InforMax

InforMax is a leading provider of a multi-application suite of intuitive, flexible and affordable data access, analysis and presentation software designed specifically for the life scientist and the scientific organization. More than 32,000 individual scientists at over 2,100 research organizations worldwide (as of Sept. 30, 2002) have already chosen Vector technology to help speed and simplify their scientific research and deliver faster, more productive results. Additional information about InforMax and the Vector Family of Products can be found at http://www.Informaxinc.com/.

Certain statements contained in this press release are considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is Invitrogen's and InforMax's intent that such statements be protected by the safe harbor created thereby. Such statements include, but are not limited to, statements concerning 1) Invitrogen's ability to further accelerate biological discovery and understanding; 2) the additional benefit to InforMax's customer base from an expanded range of products and services; 3) Invitrogen's expectation that the InforMax acquisition will strengthen Invitrogen's existing product line or will simplify the use of reagents and kits; 4) Invitrogen's worldwide sales, marketing and distribution capability accelerating the growth of InforMax's Vector NTI Franchise and the penetration of InforMax products; 5) Mr. Whiteley as an excellent addition to Invitrogen's Senior Management team. Such forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to a) Invitrogen's ability to integrate the operations of InforMax and achieve its other business objectives for this acquisition following the closing; b) the possibility that customers of each company will not respond to marketing and sales efforts promoting the products of the other; c) the possibility that conditions to the merger set forth in the merger agreement will not be satisfied; d) Invitrogen's ability to retain key management and technical personnel of InforMax; e) changes to Invitrogen's and InforMax's businesses during the period between now and closing; f) adverse reactions to the proposed transaction by customers, suppliers and strategic partners, and g) the degree to which Mr. Whiteley achieves key goals following the closing, as well as other risks and uncertainties detailed from time to time in Invitrogen's and InforMax's Securities and Exchange Commission filings.

This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of InforMax. At the time the offer is commenced, the acquiring entity will file a tender offer statement and InforMax will file a solicitation/recommendation statement with the U.S. Securities and Exchange Commission with respect to the offer. The tender offer statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully before any decision is made with respect to the offer. The offer to purchase, the related letter of transmittal and certain other offer documents, as well as the solicitation/recommendation statement, will be made available to all stockholders of InforMax, at no expense to them. The tender offer statement (including the offer to purchase, the related letter of transmittal and all other offer documents filed with the commission) and the solicitation/recommendation statement will also be available at no charge at the Commission's Website at www.sec.gov. The tender offer statement and related materials may be obtained for free by directing such requests to the information agent, Lawrence E. Dennedy of MacKenzie Partners, Inc., 105 Madison Avenue, New York, NY 10016, [phone]. The solicitation/recommendation statement and related documents may be obtained by directing such requests to InforMax, Inc. investor relations, at [phone].

--30--dw/sd*

CONTACT: Invitrogen

Paul Goodson, 760/603-7208

VP Investor Relations

or

InforMax

John M. Green, 240/747-4077

CFO and COO

KEYWORD: CALIFORNIA MARYLAND

INDUSTRY KEYWORD: BIOTECHNOLOGY MEDICAL PHARMACEUTICAL SOFTWARE CONFERENCE CALLS MERGERS/ACQ

SOURCE: Invitrogen Corp.

Today's News On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.

URL: http://www.businesswire.com

-0- Oct/15/2002 11:02 GMT 

[Rager]

Onsite Energy Corporation Plans Divestiture/Sale
of Energy Nexus Group, Inc. Assets

CARLSBAD, Calif., Oct. 15 /PRNewswire-FirstCall/ -- Onsite Energy Corporation ("Onsite") (OTC Bulletin Board: ONSE) announced today its intent to begin the orderly divestiture of its consulting subsidiary, Energy Nexus Group, Inc. ("Nexus"). On July 1, 2001, Onsite activated Nexus as a separate wholly-owned company to focus on its professional consulting operations. The purpose of this change was to provide stronger management focus and greater flexibility to expand the consulting business.

In its first 13 months of operation ending July 31, 2002, Nexus was awarded in excess of $2,000,000 in consulting contracts. In the fiscal year ended June 30, 2002, Nexus generated approximately $1,679,000 in revenues but incurred operating losses of approximately $168,000. The management teams of both Onsite and Nexus determined that although future prospects are promising, the subsidiary would require an ongoing infusion of working capital and management attention, both of which would detract from Onsite's focus on its core energy services business.

As a result, the management of both Onsite and Nexus have executed a letter of intent with a third party for the purchase and sale of a majority of the assets of Nexus, including the transfer of some key Nexus personnel. Onsite and Nexus will cease all future expenditures on additional Nexus business development and commit to an orderly completion of Nexus's business backlog and continuation of the Nexus work program over the next six to nine months in conjunction with the third party purchaser. Onsite and Nexus will also retain certain key personnel, or will subcontract with the third party purchaser, in order to complete the remaining backlog of open contracts retained by Nexus. Completion of the sale of assets to the third party is contingent upon the execution of a definitive agreement and completion of due diligence. Onsite may also explore a sale of some additional Nexus assets to other third parties.

"The goal of this arrangement is to complete, either through Nexus or a purchaser, approximately $1,300,000 in the Nexus consulting backlog on hand at September 30, 2002, in such a way as to provide positive cash flow for Onsite and to fulfill the obligations Nexus has to its customers," said Richard T. Sperberg, president and CEO of Onsite. "This arrangement also allows for continued operation and future growth of the consulting business that Nexus has developed."

In connection with this divestiture of Nexus, Keith G. Davidson, vice president of Onsite and president of Nexus, and Bruce A. Hedman, vice president of Onsite and vice president of Nexus, have resigned as officers of Onsite.

About Onsite Energy Corporation

Onsite Energy Corporation is a comprehensive energy service company with primary emphasis in the western United States. Onsite assists its customers in reducing electricity and fuel costs by developing, designing, constructing, owning and operating efficient, environmentally sound energy projects and providing energy information and demand reduction services. Onsite also offers consulting services, which include energy assessments, direct access planning and market assessments. It is Onsite's mission to help customers save money through independent energy solutions.

Safe Harbor Statement

Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements, other than historical facts, included in the foregoing press release regarding Onsite's financial position, business strategy, and plans of management for future operations are "forward-looking statements." These statements are based on management's beliefs and assumptions, and on information currently available to management. Forward-looking statements include, but are not limited to, statements in which words such as "expect," "see," "anticipate," "intend," "plan," "believe," "estimate," "consider" or similar expressions are used. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, including risks discussed under "Risk Factors" in Onsite's annual report on Form 10-KSB, SEC File No. 1-12738, all of which are incorporated herein by reference. Onsite's actual results and stockholder values may differ materially from those anticipated or expressed in these forward-looking statements. Many of the factors that will determine these results and values are beyond Onsite's ability to control or predict. Readers of this press release are cautioned not to put undue reliance on any forward-looking statement. Onsite undertakes no obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise.


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SOURCE Onsite Energy Corporation

-0- 10/15/2002

/CONTACT: Richard T. Sperberg, President and CEO, or Project Contact, Paul E. Blevins, CFO, both of Onsite Energy Corporation, [phone], [e-mail]/

/Web site: http://www.onsitenergy.com /

(ONSE)

CO: Onsite Energy Corporation; Energy Nexus Group, Inc. ST: California IN: OIL OTC SU:

[Rager]

Onsite Energy Corporation Reports Fiscal
Fourth Quarter and 2002 Fiscal Year End Results

CARLSBAD, Calif., Oct. 15 /PRNewswire-FirstCall/ -- Onsite Energy Corporation ("Onsite") (OTC Bulletin Board: ONSE) announced today its financial results for the fourth quarter and fiscal year ended June 30, 2002. Total revenues increased in the fiscal year ended June 30, 2002 to $12,136,000 from $11,598,000 in the fiscal year ended June 30, 2001, an increase of $538,000 or 5 percent. This increase is primarily attributable to increases in energy efficiency projects activity in its West Coast operations. Net income for the year ended June 30, 2002, was $255,000 compared to net income of $1,657,000 for fiscal year ended June 30, 2001, a decrease of $1,402,000. This resulted in fully diluted net loss per share of less than $0.01, compared to income per share for fiscal year 2001 of $0.06. Although positive net income was achieved for the fiscal year ended June 30, 2002, the effect of accrued but unpaid preferred stock dividends created a slight loss per share.

Gross margin for the fiscal year ended June 30, 2002, was 32 percent of revenues compared to 38 percent in fiscal year 2001. The decrease in gross margin rates was attributable primarily to a major project that was completed in the fourth quarter of fiscal year 2002. The construction portion of this project, which accounted for 19 percent of total revenues, was completed at profit margins that were lower than Onsite's historical profit margins.

Selling, general and administrative ("SG&A") expenses were $3,769,000 or 31 percent of revenues in the fiscal year ended June 30, 2002, compared to $3,231,000 or 28 percent of revenues in fiscal year 2001. The increase was primarily due to increases in business development costs associated with the energy projects and consulting businesses.

Gain on extinguishment of debt was $162,000 for the fiscal year ended June 30, 2002, compared to $678,000 for the fiscal year ended June 30, 2001. The decrease resulted from a reduction in the number of debt settlements at less than face value. Onsite continues to pursue opportunities to settle past due debt with trade creditors for less than face value.

Net income from operations in fiscal 2002 was $99,000, a decrease of $1,528,000 from the prior year's income of $1,627,000. As discussed more fully above, the decrease was mainly attributable to three factors: (i) decreases in gains on extinguishment of debt; (ii) a reduction in gross margin rates; and (iii) increases in SG&A expenses associated with increased business development costs.

Income from discontinued operations was $156,000 and $30,000 for the fiscal year ended June 30, 2002, and 2001, respectively. This resulted from the sale of substantially all of the assets of a subsidiary, Onsite Energy Services, Inc., which occurred in December 2001.

Revenues for the three-month period ended June 30, 2002, were $1,888,000 compared to June 30, 2001, revenues of $2,190,000, a decrease of $302,000 or 14 percent. Net loss for the fourth quarter ended June 30, 2002, was $702,000, or $0.04 loss per diluted share, compared to a net loss of $95,000, or less than $.01 loss per share, for the three months ended June 30, 2001. The decline was a result of reduced contract backlogs in Onsite's Southern and Northern California business units.

"Due to the nature of our business, we can experience slow periods in our work flow. But we continue to focus on building our western U.S. business and terminating all operations that are not contributing positively to our core energy services business," said Richard T. Sperberg, president and CEO. "I continue to be optimistic about Onsite's future prospects."

Liquidity and Capital Resources

Working capital was a negative $5,531,000 as of June 30, 2002, compared to a negative $5,619,000 as of June 30, 2001, an improvement in negative working capital of $88,000. Onsite's stockholders' deficit also improved from $5,494,000 at June 30, 2001, to $5,207,000 at June 30, 2002.


A condensed audited Statement of Operations and Balance Sheet follow.

About Onsite Energy Corporation


Onsite Energy Corporation is a comprehensive energy service company with primary emphasis in the western United States. Onsite assists its customers in reducing electricity and fuel costs by developing, designing, constructing, owning and operating efficient, environmentally sound energy projects and providing energy information and demand reduction services. Onsite also offers consulting services, which include energy assessments, direct access planning and market assessments. It is Onsite's mission to help customers save money through independent energy solutions.
Safe Harbor Statement

Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements, other than historical facts, included in the foregoing press release regarding Onsite's financial position, business strategy, and plans of management for future operations are "forward-looking statements." These statements are based on management's beliefs and assumptions, and on information currently available to management. Forward-looking statements include, but are not limited to, statements in which words such as "expect," "see," "anticipate," "intend," "plan," "believe," "estimate," "consider" or similar expressions are used. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, including risks discussed under "Risk Factors" in Onsite's annual report on Form 10-KSB, SEC File No. 1-12738, all of which are incorporated herein by reference. Onsite's actual results and stockholder values may differ materially from those anticipated or expressed in these forward-looking statements. Many of the factors that will determine these results and values are beyond Onsite's ability to control or predict. Readers of this press release are cautioned not to put undue reliance on any forward-looking statement. Onsite undertakes no obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise.



Onsite Energy Corporation
Condensed Consolidated Statement of Operations
(Amounts in thousands except per share amounts)

(Unaudited) (Audited)
Three Months Ended June 30, Year Ended June 30,
2002 2001 2002 2001
Revenues 1,656 2,028 10,236 10,124
Project incentive revenue 232 162 1,900 1,474
Total revenues 1,888 2,190 12,136 11,598

Cost of revenues 1,521 1,640 8,260 7,240

Gross profit 367 550 3,876 4,358
Selling, general and
administrative expenses 941 818 3,769 3,231
Depreciation and
amortization expense 8 7 30 25
Compensation expense
(benefit) under variable
incentive stock
option plan -- (18) (96) 118
Gain on extinguishment
of debt -- (157) (162) (678)

Operating income
(loss) (582) (100) 335 1,662

Other income (expense) (119) (3) (213) 3
Income (loss) before
provision for income
taxes and discontinued
operations (701) (103) 122 1,665

Provision for
income taxes 1 -- 23 38

Net income (loss)
from operations (702) (103) 99 1,627

Discontinued operations:
Income from
discontinued
operations -- 8 156 30

Net income (loss) $(702) $(95) $255 $1,657

Basic earnings (loss) per common share
Income (loss)
from operations $(0.04) $(0.01) $(0.01) $0.07
Income from
discontinued
operations $ -- $ 0.00* $0.01 $ --
Net income (loss) $(0.04) $(0.01) $(0.00) $0.07

Diluted earnings
(loss) per common share
Income (loss)
from operations $(0.04) $(0.00)* $(0.01) $0.06
Income from
discontinued
operations $ -- $0.00* $0.01 $ --
Net income
(loss) $(0.04) $(0.00)* $(0.00)* $0.06


Selected Condensed Consolidated Balance Sheet Data
June 30, 2002 June 30, 2001
Current assets $1,547 $2,401
Property and equipment, net 64 220
Other 696 636
Total assets $2,307 $3,257

Current liabilities $7,078 $8,020
Long-term liabilities 436 731
Shareholders' equity (5,207) (5,494)
Total liabilities and shareholders' equity $2,307 $3,257

*less than $.01

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SOURCE Onsite Energy Corporation

-0- 10/15/2002

/CONTACT: Richard T. Sperberg, CEO, [phone], [e-mail], or Paul E. Blevins, CFO, [phone], both of Onsite Energy Corporation/

/Web site: http://www.onsitenergy.com /

(ONSE)

CO: Onsite Energy Corporation ST: California IN: OIL FIN OTC SU: ERN

[Rager]

Onsite Energy Corporation Accelerates Cash Flow Through Sale of

Future
Revenues From East Coast Energy Project



CARLSBAD, Calif., Oct. 15 /PRNewswire-FirstCall/ -- Onsite Energy Corporation ("Onsite") (OTC Bulletin Board: ONSE) announced today that it has closed a sale of rights to future revenues related to an energy project (the "Project") on the East Coast. The sale, which raised $650,000 in cash, was effective as of September 30, 2002.
The rights to future revenues were part of an energy project Onsite operated in New Jersey. Under an agreement with the owner of a major shopping mall located in New Jersey, Onsite installed a high voltage distribution system at the mall in 1999 to allow electricity for the mall to be purchased at high voltage rates from the utility and provide electricity to the tenants occupying the mall at low voltage rates. The energy at high voltage service prices is typically lower than retail voltage service rates. In addition to a nominal management fee, Onsite had a contractual right to a portion of the net positive cash flows generated from the Project after deducting the financing cost of the high voltage distribution system and other operating costs. Since the Project year ended December 31, 2000, the Project has produced positive cash flows.

The future cash flow rights were sold to the mall owner. Onsite sold the rights based on a present value evaluation of the future cash flows that were mutually agreeable to the mall owner.

"We are pleased to have found a way to raise cash for Onsite as a result of this transaction and receive a fair value for our cash flow interest in the Project. The acceleration of this cash flow stream into the Company will help to reduce our working capital deficit," remarked Richard T. Sperberg, president and CEO of Onsite. "This success is part of our continuing effort to return Onsite to financial stability." Onsite plans primarily to use the proceeds raised to reduce current liabilities.

About Onsite Energy Corporation

Onsite Energy Corporation is a comprehensive energy service company with primary emphasis in the western United States. Onsite assists its customers in reducing electricity and fuel costs by developing, designing, constructing, owning and operating efficient, environmentally sound energy projects and providing energy information and demand reduction services. Onsite also offers consulting services, which include energy assessments, direct access planning and market assessments. It is Onsite's mission to help customers save money through independent energy solutions.

Safe Harbor Statement

Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements, other than historical facts, included in the foregoing press release regarding Onsite's financial position, business strategy, and plans of management for future operations are "forward-looking statements." These statements are based on management's beliefs and assumptions, and on information currently available to management. Forward-looking statements include, but are not limited to, statements in which words such as "expect," "see," "anticipate," "intend," "plan," "believe," "estimate," "consider" or similar expressions are used. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, including risks discussed under "Risk Factors" in Onsite's annual report on Form 10-KSB, SEC File No. 1-12738, all of which are incorporated herein by reference. Onsite's actual results and stockholder values may differ materially from those anticipated or expressed in these forward-looking statements. Many of the factors that will determine these results and values are beyond Onsite's ability to control or predict. Readers of this press release are cautioned not to put undue reliance on any forward-looking statement. Onsite undertakes no obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise.


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SOURCE Onsite Energy Corporation

-0- 10/15/2002

/CONTACT: Richard T. Sperberg, CEO, or Paul E. Blevins, CFO, both of Onsite Energy Corporation, [phone], [e-mail]/

/Web site: http://www.onsitenergy.com /

(ONSE)

CO: Onsite Energy Corporation ST: California; New Jersey IN: OIL OTC SU:

[Rager]

Bentley Finalizes Agreement to Acquire Kryptosima >

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Oct. 15, 2002--Bentley Communications Corp. (OTCBB: BTLY) today announced successful completion of previously announced renegotiations regarding its acquisition of Kryptosima. Bentley and Kryptosima have signed an amendment restructuring the acquisition to resolve various issues.

"This acquisition is a key step in the strategic plan to reposition Bentley as a transaction processing company," stated Harry Hargens, President & CEO. "Kryptosima's secure Internet gateway and payENKRYPT service provides Bentley with a unique platform for secure transaction processing services applicable to the entire eCommerce market."

Kryptosima's patent-pending payENKRYPT service is the first and so far only gateway service to enable Internet merchants to accept ATM Card transactions where the consumer uses their PIN number to verify their identity and complete their transaction. "Brick and Mortar" merchants have accepted PIN'ed ATM card transactions for two decades, and prefer them due to their lower fees and much lower risk. Bentley/Kryptosima hope to achieve rapid market penetration and revenue growth by offering the first service to enable Internet merchants to accept PIN'ed transactions.

The acquisition of Kryptosima will be accomplished by merging Kryptosima into a wholly owned subsidiary of Bentley formed solely for this purpose, thereby making Kryptosima a wholly owned subsidiary of Bentley. Per SEC requirements, this is subject to completion of a routine audit of Kryptosima's books per U.S. GAAP standards, which is expected to be completed this month. Kryptosima is being acquired for 50 million restricted shares of Bentley stock.

About Bentley Communications Corporation:

Bentley's focus is on the implementation of eCommerce services such as Internet payments via an ATM/Debit card from home or office. Bentley was previously focused on the online securities market. By acquiring Kryptosima, Bentley is expanding its potential market to the entire eCommerce arena.

About Kryptosima:

Kryptosima was founded in January 2000 to develop new Internet payment methods. The company has developed a unique platform that enables secure Internet transactions. Kryptosima's founders all have 20 to 30 years' experience developing and marketing services, software, and/or hardware for the payments industry.

Forward-Looking Statements:

Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

--30--MW/la* WAM/la

CONTACT: Bentley Communications Corp.

Harry Hargens, 770/471-4944 (Corporate)

[e-mail]

Gerry Gay, 201/447-9190 (Sales)

[e-mail]

KEYWORD: CALIFORNIA GEORGIA

INDUSTRY KEYWORD: INTERNET E-COMMERCE COMPUTERS/ELECTRONICS MERGERS/ACQ

SOURCE: Bentley Communications Corp.

Today's News On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.

URL: http://www.businesswire.com

-0- Oct/15/2002 12:06 GMT 

[Rager]

HYVR gapping also LGOV & CHCL...fwiw

[Rager]

picked up VECT @ .015 fri. see what happens, also EMAX, CNCE fwiw

[Rager]

Natural Health Trends Corp. Launches Lexxus Singapore
Company Continues its Asian Expansion as Product Distribution Grows to 26 Countries
Monday October 14, 8:00 am ET


DALLAS--(BUSINESS WIRE)--Oct. 14, 2002--Natural Health Trends Corp. (OTCBB:NHTC - News) announced it has launched its newest subsidiary, Lexxus Singapore. The Company, which has been expanding globally over the past year and reported revenues of approximately $15,270,000 for the six months ended June 30, 2002 compared to approximately $13,010,000 for the same period last year, is optimistic that the new Singapore-based subsidiary will add immediate revenues for the Company.
The new Singapore corporate office is located at 501 Orchard Road, Wheelock Place and is strategically located in Singapore.

Lexxus Singapore, a subsidiary of Natural Health Trends Corp., is marketing and distributing the Company's popular quality of life Alura(TM) product, among others. Alura(TM) is a patented intimacy creme that helps promote clitoral sensitivity and helps improve the opportunity for women to achieve greater sexual satisfaction.

"We have been greatly encouraged by the strong performance realized with past openings and are confident that the Alura(TM) product will prove to be very successful here as well," said Allen Lim, Managing Director for Lexxus Singapore.

"It has been a very exciting year for Natural Health Trends as we have entered several new markets this year. Singapore is the twenty-sixth country to join our Lexxus family," said Mark Woodburn, President of Natural Health Trends Corp. "Singapore is centrally located in Asia and will be a key component in our record-breaking, global-expansion program," he concluded.

About Natural Health Trends Corp.

Natural Health Trends Corporation is a holding company for two operating subsidiaries, ekaire.com, Inc., which sells nutritional supplements and vitamins and Lexxus International, Inc. Lexxus, started in January 2001, markets and sells quality-of-life products.

Investors looking for information pertaining to Natural Health Trends Corp., or any of its subsidiaries, are encouraged to look up http://www.nhtc.ws on the Internet or by contacting Investor Relations Services, Inc. at 386.409.0200 or on the Internet at http://www.invrel.net. Shareholders are encouraged to register for updated information on the corporation via e-mail at the website.

When used in Form 10-QSB and in future filings by the Company with the Securities and Exchange Commission, the words "will likely result", "the Company expects", "will continue", "is anticipated", "estimated", "projected", "outlook" or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. The Company wishes to caution readers not to place undue reliance on such forward-looking statements, each of which speak only as of the date made. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. The Company has no obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of such statements.



--------------------------------------------------------------------------------
Contact:
Natural Health Trends Corp., Dallas
Mark Woodburn, 972/819-2035
or
Investor Relations Services, Inc.
Tom Watkins, 386/409-0200
[e-mail]

[Rager]

DoubleClick Partners With Equinix to Improve Performance and Reduce Costs
Online Marketing Leader to Interconnect With Concentration of Networks Within Equinix's Internet Hubs
Monday October 14, 8:09 am ET


MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 14, 2002--Equinix, Inc. (Nasdaq:EQIX - News), the leading provider of core Internet exchange services, and DoubleClick Inc., the leading provider of marketing tools for advertisers, direct marketers and Web publishers, today announced an agreement whereby DoubleClick will establish points of presence within Equinix's Washington, D.C., Chicago, and Silicon Valley metropolitan area Internet Business Exchange(TM) (IBX®) centers, with possible expansion to other Equinix centers nationally. By operating within Equinix's neutral hubs, DoubleClick will have direct access to the largest aggregation of networks available, allowing it to gain the performance, redundancy and economic benefits of directly connecting to its network partners within the same location. Equinix's core Internet exchange services enable enterprises and Internet businesses to quickly, easily, and privately interconnect with a choice of business partners, service providers and customers, providing them with the flexibility, speed, and adaptability they need to accelerate business growth, and improve Internet performance.
ADVERTISEMENT


As a part of the agreement, DoubleClick will directly connect to a wide variety of Internet Service Providers (ISPs), carriers and other service providers participating in Equinix's Internet hubs via the Equinix GigE Exchange(TM) service, an efficient and cost-effective interconnection service via a central switching fabric. Through the GigE Exchange, DoubleClick can conveniently engage in multiple peering and traffic exchange relationships with an aggregation of networks. This direct interconnection helps to improve online performance as DoubleClick's content can now be directly connected to user networks, avoiding the additional step and cost of traveling over local loops and intermediary transit networks.

"Equinix's unique offering provides us with the opportunity to interact with many of our key network partners within the same location," said Jennifer Costley, vice president of global networks & infrastructure, DoubleClick. "Not only does this direct interconnection improve the performance of DoubleClick's content delivery to end-users, it also allows us to realize significant cost reductions through the elimination of local loop costs."

"Companies such as DoubleClick that have previously connected with multiple network partners across long distances in multiple locations have realized significant cost and performance benefits of operating within Equinix's network-rich environments," said Jay Adelson, founder and CTO of Equinix. "Our network neutral centers serve as interconnection hubs where hundreds of networks, service providers and content providers operate in order to directly connect with each other. As the content of companies such as DoubleClick becomes more valuable to networks, our centers are an ideal environment for these parties to execute their strategic content peering relationships."

About Equinix

Equinix is the leading provider of core Internet exchange services that allow networks, Internet infrastructure companies, enterprises and content providers to grow, manage and control their network and Internet operations for unparalleled performance. Through the company's seven Internet Business Exchange(TM) (IBX®) centers, customers can directly interconnect with the providers that serve more than 90% of the world's Internet networks and users for their critical peering, transit and traffic exchange requirements. These interconnection points facilitate the highest performance and growth of the Internet by serving as neutral and open marketplaces for Internet infrastructure services, allowing customers to expand their businesses while reducing costs.

Customers include Associated Press, AT&T, Cable & Wireless, Charles Schwab, Earthlink, EDS, Electronic Arts, EYT, Genuity, Google, IBM, Level3, MSN, Qwest, UUNET/WorldCom, Washingtonpost.Newsweek Interactive, and Yahoo!. For more information, visit the company's Web site at www.equinix.com.

Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.

About DoubleClick Inc.

DoubleClick is the leading provider of tools for advertisers, direct marketers and web publishers to plan, execute and analyze their marketing programs. DoubleClick's online advertising, email marketing and database marketing solutions help clients yield the highest return on their marketing dollar. In addition, the company's marketing analytics tools help clients measure performance within and across channels. DoubleClick Inc. has global headquarters in New York City and maintains 24 offices around the world.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of operating IBX centers and developing, deploying and delivering Equinix services; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay outstanding indebtedness; the loss or decline in business from our key customers and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.



--------------------------------------------------------------------------------
Contact:
Equinix, Inc.
Maureen O'Brien, 650/316-6043
[e-mail]
or
K/F Communications, Inc. for Equinix
David Fonkalsrud, 415/255-6506
[e-mail]
or
DoubleClick Inc.
Dave Frankland, 212/655-7692
[e-mail]

[Rager]

Xechem Announces Date for Annual Meeting of Stockholders
Monday October 14, 8:04 am ET


NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Oct. 14, 2002--Xechem International, Inc. (OTC BB: ZKEM) announced today that it has set November 20, 2002 as the date for its 2002 Annual Meeting of Stockholders.
The Annual Meeting will be held at 10:00 a.m. at the Company's offices located at New Brunswick Technology Center, 100 Jersey Avenue, Building B, Suite 310, New Brunswick, New Jersey. Proxy statements and the Company's Annual Report on Form 10-KSB will be delivered to stockholders beginning on approximately October 17, 2002.

Recently (Xechem press release, August 1, 2002) the Company was granted an exclusive world wide license for a phytopharmaceutical "NIPRISAN" from the National Institute of Pharmaceutical Research and Development (NIPRD), government of Nigeria, for the treatment of Sickle Cell Disease (SCD). Xechem is actively pursuing to submit an Investigational New Drug (IND) Application on this product to the US FDA. Currently there is no such drug for the treatment of this dreadful disease.

Xechem International, Inc., headquartered in New Brunswick, NJ, with subsidiary companies in the USA, India, Nigeria and joint venture partners in both Hong Kong and the Peoples Republic of China, is a biopharmaceutical company of which Xechem, Inc. (a US subsidiary) is engaged in the research, development and production of generic and proprietary drugs from natural sources, specializing in the development of niche-generic, difficult to replicate anticancer, antiviral, including Human Immuno-deficiency Virus (HIV) and antifungal compounds. Xechem is also engaged in the research and development of several novel anti-infectives showing strong and selective efficacy against an array of antibiotic resistant bacterias, including Helicobacter pylori (H. pylori), Vancomycin resistant Enterococcus faecalis (VREF), Methicillin resistant Staphylococcus aureus (MRSA), and other antibiotic resistant Staphylococcus aureus and Candida albicans. The Company also screens extracts and pure compounds from various parts of the world for their therapeutic use.

XetaPharm (another U.S. subsidiary) develops quality controlled nutritional products such as GinkgoOnce®, GinsengOnce®, GarlicOnce®, Gugulon(TM), VIDA PRAS(TM) and numerous other nutraceutical products, which are under development.

This and past press releases of Xechem International, Inc. are available at Xechem's web site at www.xechem.com.

For further information, contact Ramesh C. Pandey, Ph.D., President & CEO, at (732) 247 - 3300.

This news release may contain certain forward-looking statements relating to Xechem's future business performance within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks, uncertainties, including the ability of the Companies to successfully develop and commercialize their technologies, and other factors that may cause the actual results, performance or achievements of the Companies to be materially different from any future results, performance or achievements of the Companies expressed or implied by such forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Xechem International, Inc., New Brunswick
Ramesh C. Pandey, Ph.D., 732/247-3300

[Capt_Nemo]

Finally, SuperMontage makes its debut
Nasdaq's beef-up display will show more data to traders
By Jennifer Waters, CBS.MarketWatch.com
Last Update: 6:05 PM ET Oct. 12, 2002

NEW YORK (CBS.MW) -- On Monday, Nasdaq will unleash live trading with its much-ballyhooed and pricey SuperMontage electronic communication network aimed at grabbing market share lost to competitors.
The move will open with only five issues but will have phased in another 100 a week later. By Dec. 2, all 4,108 Nasdaq-listed securities are expected to be trading on the system.

After checking the platform Saturday with 47 trading companies -- and testing it since July with more than 30 dummy issues -- the nation's second-largest stock market will flip the switch for what it insists will be "an unparalleled view into the activity of the Nasdaq market," according to its Web site.

At a cost of $107 million to build, SuperMontage is both a trading-order display and execution engine. Its technology will offer the fullest look-see available to brokers and traders about the depth of the market and the level of liquidity in the marketplace. The system can automatically execute orders of up to 999,999 shares and is a huge jump for Nasdaq in what it can collect and how it displays that information.

With SuperMontage, Nasdaq can gather multiple quotes and orders from each market participant on each stock and then turn around and hand that to individual investors. Probably the greatest benefit for brokers and traders will be the new services for price levels and order sizes that will act like a magnifying glass on the fluid workings of the stock market. The amount of detail on a PC screen, of course, will be dependent on the level of service a user buys.

The basic service of the highest bid to buy and offer to sell will be augmented with four others that will include aggregate best bid and offer as well as one that carries the top five price levels. By watching those numbers change, a stock price's direction becomes apparent and helps buyers and sellers adjust their strategies.

The super service, called TotalView, will have all of that plus listings of the market makers as well as the size of quotes and orders. See the Nasdaq mock-ups of how screens will display data.

By Nasdaq's thinking, that much transparency and depth of data on one central order display will help large investors understand how many shares they can trade on Nasdaq without substantially pushing or pulling the price.

Nasdaq has been pressing this idea since 1999 to halt flight to alternative trading venues, but kept coming up against ECNs, electronic communication networks, which electronically match stock buyers and sellers. The rival networks appeared to be winning the fight until late last August, when the Securities and Exchange Commission finally gave its final regulatory nod to Nasdaq.

But it didn't do that without first separating Nasdaq from the National Association of Securities Dealers, Nasdaq's parent and the collector of exclusive information for over-the-counter securities. The SEC also required Nasdaq to build an alternative display facility -- appropriately tagged an ADF -- to give market participants the choice of displaying quotes and reporting trades without being part of SuperMontage. The ADF does not execute orders.

"We fought hard for what we thought was a fair resolution to the great Super Montage debate," Archipelago Chief Executive Gerald Putnam told the Security Traders Association earlier this year.

"We weren't trying to limit the strategic decisions that Nasdaq could make, we were simply saying that if Nasdaq wanted to evolve towards an execution venue, it would have to parse out its regulation business and exclusive information collection business.

"Our position was that if this didn't occur, a Nasdaq execution venue would enjoy an unlevel playing field, which would reduce choice and consequently harm investors," he said.

The SEC ordered ECNS to either link to SuperMontage or certify -- in writing -- that they would use the ADF as their primary point of access to the Nasdaq Stock Market. Still, ECNs were able to hold off a September launch date until now with petitions.

The five companies that will kick off SuperMontage are WVS Financial (WVFC: news, chart, profile), Willamette Valley Vineyards (WVVI: news, chart, profile), Waste Industries USA (WWIN: news, chart, profile), Excel Technology (XLTC: news, chart, profile) and Yardville National Bancorp (YANB: news, chart, profile). Twelve more stocks will be added on Thursday and another 88 on Oct. 21. Stocks will be added based on their alphabetical position every Monday after that until Dec. 2.

Jennifer Waters is the Chicago bureau chief for CBS.MarketWatch.com.

http://cbs.marketwatch.com/news/story.asp?guid=%7BACEDF1E0%2DE6CC%2D418D%2DA477%2D7B5EB6BED75A%7D&am....


Rick...
As scarce as truth is, the supply has always been in excess of the demand."
-Josh Billings
A place to report scum,,,errrrrrrr I mean scams......
http://www.investorshub.com/boards/board.asp?board_id=610

[Rager]

Micron Enviro Systems, Inc. Announces Acquisition of Prospect
in San Joaquin Valley

Business Editors/Energy Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 11, 2002--Micron Enviro Systems, Inc. ("MSEV") (OTCBB:MSEV) is pleased to announce that it has acquired a 5% Working Interest in an oil and gas target. This interest is located in Kern County, California, in the prolific San Joaquin Valley.

California's San Joaquin Valley hosts 5 of the top 25 largest fields in the United States. More than 30,000 producing wells in Kern County alone provide approximately 62% of California's oil production and approximately 9% of national output. For industry experts this is not surprising because the geological conditions for oil and gas entrapment in the San Joaquin Valley are among the best in the Western Hemisphere.

This acquisition includes an interest in a producing well that is currently producing from the Stevens Sands formation within the Bakersfield Arch. MSEV acquired a non-consented interest, which will enable MSEV to start to receive revenue from this well once the well has paid out 400% of its costs. At that point MSEV will receive revenue from the well.

The Stevens Sands on the Bakersfield Arch in the southern San Joaquin basin has produced over 1 billion barrels of oil and 1 trillion cubic feet of gas over the last 70 years. The Pioneer Canal field lies in the central area of the Bakersfield Arch and is surrounded by large productive fields. Every one of these fields is still in production today and active exploration efforts continue in this prolific reservoir.

Jeffrey K. Vaughan, certified petroleum geologist #5066, states, "This is a premier exploration play for over 40 MMBOE (million barrels of oil equivalent) with all the pre-requisites (proven producing geological structure, excellent oil and gas shows) of what is turning out to be one of the hottest exploration targets in the western US." There is currently no date set for the drilling of the prospect, as a well has not yet been nominated.

In regards to the Z1 Well, the operator has informed MSEV that the removal of the water injected into the well for the frac that was recently successfully performed is continuing on the expected schedule. Currently, 567 barrels of the 1,580 barrels of water injected into the well have been removed.

If you have any questions, please call MSEV. If you would like to be added to MSEV's company-updates email list, please send an email to [e-mail] and ask to be added. Please make note that the new phone number is 604/646-6903 and the fax number is now 604/689-1733.

Bernie McDougall, President of the Company, states: "This is a great addition to our growing inventory of oil and gas projects. This project continues along our lines of taking on projects that have tremendous upside potential while trying to minimize the risks associated with drilling for oil and gas. Kern County has proven to be one of the most productive regions in North America, and we are ecstatic to be able to acquire some property within this area. When you consider President Bush's mandate to develop domestic oil and gas reserves, we feel that the oil and gas exploration market will continue to grow over the next decade and our long-term corporate goal is to participate within this growth."

This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, volatility of oil and gas prices, product demand, market competition, and imprecision of reserve estimates, and actual ability to recover oil and gas that is present or represented to the company by the operator. You should independently investigate and fully understand all risks before making investment decisions.

--30--SAM/se*

CONTACT: Micron Enviro Systems Inc.

Bernie McDougall, 604/646-6903

Fax: [phone]

[e-mail]

www.micronenviro.com

KEYWORD: CALIFORNIA INTERNATIONAL CANADA

INDUSTRY KEYWORD: OIL/GAS ENERGY MERGERS/ACQ

SOURCE: Micron Enviro Systems Inc.

Today's News On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.

URL: http://www.businesswire.com

-0- Oct/11/2002 17:47 GMT 

[Rager]

AURA...ready, maybe, kinda, who knows...em

[Rager]

EMAX NET, Inc. Opens the EMAX NET Store >

ORLANDO, Fla., Oct. 11 /PRNewswire-FirstCall/ -- EMAX NET, Inc., a subsidiary of eMax Corporation (OTC Pink Sheets: EMAX), recently launched a new look for the family Internet portal, EMAXNET, http://www.emaxnet.net . And has officially opened the EMAX NET retail store officially for business, http://www.store.yahoo.com/emaxnet-store

EMAX NET plans to market directly and distribute many product lines which they manufacture and sell including but not limited to music CD's, http://www.store.yahoo.com/emaxnet-store/marywells1.html, videos, games, gifts, http://www.store.yahoo.com/emaxnet-store/gifts1.html, motorcycles, motorcycle parts, and apparel through the EMAX NET STORE, http://www.store.yahoo.com/emaxnet-store/apparel.html.

Easyriders of Montreal plans to attend Biketoberfest in Daytona Beach October 15-20, 2002 and display their motorcycles, parts, and apparel directly to Motorcycle Dealers and the public at this highly attended trade event.

The family network http://www.emaxnet.net was founded to be a free portal where visitors can find music, movies, software games, DVD's, clothes, ISP services, Computers, Cell Phones, electronics, and gifts the entire family can enjoy.

EMAXNET.NET is powered by Yahoo! and is very excited about its affiliation with retailers such as Amazon.com, Wal-Mart ,The Gap, Old Navy, Brooks Brothers, Nordstroms MP3, Kmart, Toys "R" US, CDNOW, Target, AOL, Disney, BMG Music, Home Shopping Network, Best Buy, Tower Records, Time Life, DVD Planet, A&E Networks, MusicMatch, eMusic, Travelocity.com, Expedia, EMAXOL, Mothers of America, Netscape and many more., http://www.store.yahoo.com/emaxnet-store/affiliates.html

"With the development of the new alliance with iDVDBOX, http://www.idvdbox.com, EMAXNET plans to deliver all products directly to the consumers via the Internet and, in the very near future, through interactive TV. The marketing capabilities are endless," says Chuck Weber, Chairman of eMax Corporation.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of EMAX.

[Rager]

HYVR....UPTICK...nuf said...eom

[Rager]

Vector Requests Shareholders Hold Shares in Certificate Form >

I like this company fwiw




Business/Energy Editors

HOUSTON--(BUSINESS WIRE)--Oct. 11, 2002--Vector Energy Corporation
(OTCBB:VECT) today announced that it believes that a substantial and
persistent short position exists in its stock.
"Our current market cap is less than $1 million and our current
common shareholders equity is over $6 million," said Sam Skipper,
chairman and CEO of Vector. "Based on the volume and price activity of
our stock, I believe there is a substantial short position in our
stock. I would encourage all shareholders to request that their stock
be converted to certificate form."
The company is currently reviewing steps that have been taken by
other public companies to reduce the naked shorting of their stock.
The company expects to adopt certain protective measures in the near
future.
Vector Energy Corporation is a Houston-based company primarily
engaged in the acquisition, development and production of natural gas
and crude oil.

[Rager]

Bentley Completes Management Transition >>>




Business Editors

LOS ANGELES--(BUSINESS WIRE)--Oct. 11, 2002--Bentley
Communications Corp. (OTCBB:BTLY) announced today that it has
completed a previously announced management transition.
Harry Hargens, President of Kryptosima, has joined Bentley's board
and assumed the roles of Chairman, President and CEO. Effective
immediately, Gordon Lee has stepped down as Chairman, President and
CEO of Bentley.
"This is the completion of a management transition plan first
announced July 31, as part of our plan to acquire Kryptosima,"
according to Gordon Lee, outgoing Chairman. "And it is part of a
larger strategic plan established this spring, to redirect Bentley
into profitable new areas. For the past 5 months, we have been working
to reposition Bentley as a transaction processing company. Mr. Hargens
brings 20 years of experience in that industry to Bentley, and is the
ideal candidate to lead Bentley's new strategic direction."
"I am grateful to Gordon and Bentley's board and key shareholders
for their confidence in me, and I look forward to this challenge,"
Hargens stated. "Gordon's leadership was essential to establishing
Bentley's new direction, and his day-to-day involvement will be
missed. While he is eager to focus his energies on new challenges
outside of Bentley, he has agreed to remain on Bentley's Board for
now."
"We will now be directing all of our efforts towards Bentley's
acquisition of Kryptosima, which we hope to complete shortly," Hargens
continued.

[Rager]

a big FWIW...EMDG, think MLHP worth watching,
..back in TWTC
looking at that major pos (love it) ZKEM
to bust a move before it hits .0001 (not in now)

think theres a gold mine out there for those who buy now and hold
but as the saying goes they are all POS

be careful

[100lbStriper]

Found this on another board..........

Hello everyone!

Received this newsletter today featuring FZZY:

Company Profile: GroWmax BioSecure Inc.
GroWmax BioSecure (OTCBB: FZZY) creates high-tech production facilities for molecular farming, an emerging industry with explosive growth potential, and the production of high-quality, non-genetically transformed crops. The development of the molecular farming industry will become essential means to address the worldwide shortage of antibody manufacturing capacity. GroWmax is poised to meet the demand in a marketplace, which is poorly served by present suppliers.

Special Topic: Molecular Farming
Closed environment agriculture has been on the horizon for over 30 years now. The future of high-value crop production lies in closed-environment "factory" style production. The move to "factory" style production of high quality plant products is consistent with all of the trends driving the changes occurring in the fundamental and huge industry of growing useful plant products.

Read more @ http://www.topsmallcaps.com.


--------------< take a look on the TopSmallCaps website, the analysis on FZZY is very detailed and recommends to buy the stock.


http://ragingbull.lycos.com/mboard/boards.cgi?board=FZZY&read=840

[spiel2001]

XDGI news out...

http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=APZs3qw5ZQmFycnkg

[Rager]

NXCD 01 X .011 up 37% nice so far ...em

[Rager]

Ultimate Franchise Systems, Inc. Announces the Completion of the

Sale of 80%
Of Their Li'l Dino Deli & Grille Division



HEATHROW, Fla., Oct. 2 /PRNewswire-FirstCall/ -- ULTIMATE FRANCHISE SYSTEMS, INC. (OTC Bulletin Board: UFSY), today announced that it sold 80% of its Li'l Dino Deli & Grille division for $1,100,000. Ultimate Franchise Systems will continue to own 20% of the on-going business of Li'l Dino. This marks the fourth time that Ultimate Franchise Systems has been able to sell one of its brands for what management believes to be a very accretive value to its shareholders and maintain a valuable ownership stake. Additionally, as in the prior transactions, Ultimate retains all of the brand's product purchasing rights.
Christopher M. Swartz, President & CEO of Ultimate Franchise Systems, Inc., stated, "This is yet another step in our aggressive move to improve our balance sheet, better position our company for growth and bring more value to our shareholders. We believe that the brands we are selling equity in are excellent brands with a lot of upside opportunity. However, we believe the industry is in a transition and by bringing in new capital without diluting our shareholders or bringing on new debt is the best way for the company to be prepared to make new and exciting acquisitions that have more growth potential than the spun-off brands. We think the value received for these brands brings an accretive value, maintains a valuable ownership stake and prepares us for the next phase of acquisitions."

Mr. Swartz continued, "Our partners in this venture have the financial capability to grow Li'l Dino's and create significant value for the brand. We believe that our continued 20% participation will grow exponentially in value over the next ten years. We will continue to work together to leverage Li'l Dino purchasing power and marketing programs. This transaction will be very positive for our shareholders and Li'l Dino franchisees."

Robert C. Taft, Chief Concept Officer, commented, "Ultimate Franchise Systems is on a path to acquire new and exciting brands that we perceive will be better growth vehicles and bring greater returns to our shareholders. It is a compliment to management that they have been able to create significant value in these existing brands and are now creating the flexibility to acquire concepts in more profitable segments. We believe this transaction is further illustration of the value of our brands and, more importantly, the value of our underlying shares."

Ultimate Franchise Systems, Inc., a franchise management Company, currently has investments in approximately 350 franchised restaurants in 30 states throughout the United States. These brands include Gator's Dockside Restaurants, Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's Deli and Grille, Sobik's Subs (OTC Pink Sheets: SBIK) and NY Burrito.

For more information, please contact Christopher M. Swartz at 407-682-6363.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems, Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.


MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X72212442


SOURCE Ultimate Franchise Systems, Inc.

-0- 10/02/2002

/CONTACT: Christopher M. Swartz of Ultimate Franchise Systems, Inc., [phone]/

/Web site: http://www.ufsi.net /

(UFSY SBIK)

CO: Ultimate Franchise Systems, Inc.; Gator's Dockside Restaurants; Jreck

Subs, Inc.; Central Park Hamburgers; Li'l Dino's Deli and Grille; Sobik's

Subs; NY Burrito ST: Florida IN: RST REA OTC SU: TNM

[Rager]

EMAX NET, Inc. Signs Alliance With iDVDBOX, Inc.

ORLANDO, Fla., Oct. 2 /PRNewswire-FirstCall/ -- EMAX NET, Inc., a subsidiary of eMax Corporation (OTC Pink Sheets: EMAX), signs alliance with iDVDBOX, Inc. to form new global interactive entertainment company, World Access Entertainment Corp.

About EMAX NET

EMAX NET, Inc. was founded to produce and distribute family entertainment and media. This year EMAX NET launched the positive family entertainment portal http://www.emaxnet.net to be a free portal where visitors can find music, movies, software games, DVDs, clothes, ISP services, Computers, Cell Phones, electronics, and gifts the entire family can enjoy. EMAX NET, Inc. licensed to World Access Entertainment perpetual worldwide marketing rights to more than 9000 music master recordings with a substantial market value. The library includes multiple hits by pop, rock 'n' roll, country, classical and jazz greats. The music library is quite unique in that the master recordings are the "creme de la creme" of popular music titles from the 1940s era through the 1990s. The catalog includes songs performed by such legends as Alabama, Marvin Gaye, Jerry Lee Lewis, the Drifters, Kenny Rogers, Chicago, Ray Charles, The Platters, Little Richard and many other widely recognized names.

About iDVDBOX, Inc.

iDVDBOX, Inc., http://www.idvdbox.com , is a high-tech corporation engaged in the research, design, development, manufacturing and marketing of leading- edge consumer electronics products, including the i2DVD Interactive-Internet DVD player, under its brand iDVDBox, Lafayette(TM) and other OEM labels such as Philco in Mexico. The company's patent pending BoxEngine(TM) Technology, a client-server interactive DVD technology that powers the i2DVD player, can also be incorporated into any other Internet DVD (iDVD) player and PC. iDVDBox proposes to become the "bridge" to the missing link between retailing and e-commerce or t-commerce. The company also offers innovative interactive Internet services through the TV and PC. iDVDBox is headquartered in Boca Raton, Florida and is staffed with highly skilled engineers who also oversee training and quality control for its partner manufacturing facilities in Asia.

The i2DVD(TM) is an all-in-one convergence device that combines iTV, DVD, MP3, CD, interactive DVD and web access for the enrichment of the home interactive entertainment experience. It is the world's first box that allows interactivities on any regular DVD and CD through its BoxEngine(TM) Technology, offering contents outside the disc.

"I have seen many products that claim the ability to deliver family entertainment to the home but no products have overwhelmed me more than the i2DVD Player and the BOXENGINE technology products from iDVDBOX, Inc.," said Chuck Weber, President of eMax Corporation. "EMAX has spent the past few years building its foundation of entertainment content, and our goals is to keep everything family oriented. With this alliance, EMAXNET will be able to deliver music, videos, games and other entertainment directly via the television and the Internet in a true interactive fashion."

"Our business models and technologies are very synergistic, and we are very excited about the future potential for both our hardware business model and our t-commerce/content business model," said Steve Cavayero of iDVDBOX, Inc.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of EMAX.


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SOURCE eMax Corporation

-0- 10/02/2002

/CONTACT: Roxanna Weber of eMax Corporation, [e-mail]; or Investor Relations, Kimber Peterson of Corporate Public Relations, Inc., [phone], for eMax Corporation/

/Web site: http://www.emaxnet.net /

(EMAX)

CO: eMax Corporation; EMAX NET, Inc.; iDVDBOX, Inc.; World Access

Entertainment Corp. ST: Florida IN: CPR OTC MLM ITE SU: JVN

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in the dont blink dept---
been watching JLHY for a month
seen the news this morning and look now


news

J. L. Halsey Corporation Files Form 10-K for Year Ended June
30, 2002

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Oct. 1, 2002--J. L. Halsey Corporation (OTCBB:JLHY) (the "Company," formerly NAHC, Inc.) announced today the filing of its Form 10-K for the year ended June 30, 2002.

As part of the filing, the Company has revised its range of estimated values for its assets, liabilities and costs of liquidation. The revised range of estimated realizable value of funds available for distribution to stockholders (liquidation estimates) is an amount between $0.08 and $0.24 per share of common stock.

The increase in these estimates is primarily due to the Company's estimate of a settlement in its claim for overpayment of federal taxes.

Without the refund, the assets available for distribution upon liquidation of the Company were estimated at ($0.06) and $0.10 per share. The Plan of Restructuring was adopted by the Company's stockholders at a special meeting held on September 21, 1999. The Company currently anticipates that liquidation pursuant to the Plan of Restructuring will not occur, if at all, until December 31, 2003.

Details concerning the estimated liquidation values are discussed in the company's Form 10-K for the year ended June 30, 2002, filed yesterday with the Securities and Exchange Commission.

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements and the business prospects the Company are subject to a number of risks and uncertainties that may cause the Company's actual results in future periods to differ materially from the forward-looking statements.

These risks and uncertainties include, among other things, uncertainty in the assumptions associated with the Company's liquidation estimates including assumptions related to the settlement of the tax case, litigation against the Company, the value of receivables, certain workers compensation matters, as well as malpractice claims against the Company.

These and other risks are described in the NAHC, Inc. 10-K and 10-Q Reports and other filings with the Securities and Exchange Commission.

--30--NR/ph*

CONTACT: J. L. Halsey Corporation

Lisa DeScenza, 978/689-0333

KEYWORD: NEVADA PENNSYLVANIA

INDUSTRY KEYWORD: MEDICAL

SOURCE: J. L. Halsey Corporation

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-0- Oct/01/2002 12:32 GMT