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Yup, just keeps climbing
Same here
INIX (.005) iFinix Corp. Names Benhope Munroe as New CEO
Wednesday, June 25 2008 10:38 AM, EST
PR Newswire "US Press Releases "
GARDEN CITY, N.Y., June 25 /PRNewswire-FirstCall/ -- iFinix Corp. (Pink Sheets: INIX) a provider of real-time financial information and services to active traders and to the securities industry, announced today that it has appointed Benhope Munroe to the position of CEO of the company, effective immediately. Mr. Munroe will also maintain his current position as CFO of the company.
Mr. Munroe comes with an extensive background in accounting and finance. He has held previous positions as senior staff accountant at a major New York newspaper publishing company, and accounting and financial positions in various tax and financial service areas. He holds a Bachelors of Arts degree in accounting and holds a Masters Degree in Management Information Systems from Pace University , NY.
Chairman Doug Spadaro stated, "Ben's appointment to CEO is a great step forward for iFinix. With his expertise we have the strong foundation necessary to take iFinix to the next level and fulfill our strategic plan for the future. I look forward to working with Ben."
Mr. Munroe said, "I am privileged to be offered the opportunity to continue the development of this company. I assure our shareholders that I will dedicate my efforts to complete all the goals and aspirations that had been set forth by our founder Mr. Dhruvanand Budhu. I believe that the company is truly at the threshold of dramatic growth. It is my intention to complete certain previously announced business mergers and acquisitions. We remain active in working towards bringing them to fruition. I am awaiting the final evaluation of our intellectual property assets to complete the company audit, so we can then elevate to fully reporting status. Also, I am currently working with the iFinix management team in identifying qualified individuals to add to our corporate infrastructure and to our board of directors. I will keep our shareholders apprised of any new developments and will always maintain an open line of communication."
About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com
Legal Notice Regarding Forward-Looking Statements:
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
Contact:
iFinix Corporation
Investor Relations
516-504-3981 x301
SOURCE iFinix Corp.
QMNM yup, very sick. Too bad I sold my .017s @ .024
LIXT (.30) Lixte Biotechnology Holdings Announces Extension of Its Cooperative Research and Development Agreement With The National Institute of Neurological Disorders and Stroke, National Institutes of Health, for Development of Anti-Brain Cancer Drugs
Wednesday, June 25 2008 10:36 AM, EST
PR Newswire "US Press Releases "
EAST SETAUKET, N.Y., June 25 /PRNewswire-FirstCall/ -- Lixte Biotechnology Holdings (OTC Bulletin Board: LIXT) announced today that the National Institute of Neurological Disorders and Stroke (NINDS), National Institutes of Health (NIH) and Lixte Biotechnology Holdings, Inc. extended their Cooperative Research and Development Agreement (CRADA) to develop drugs for the treatment of brain cancers. The CRADA, initiated in March 2006 was extended through September 2009 .
Dr. John S. Kovach, President and CEO of Lixte, said, "The scientific interaction with the research team at the Molecular Pathogenesis Unit (MPU), Surgical Neurology Branch, (SNB), NINDS, has been highly productive and is a good example of how government and private sector scientific organizations may accelerate the drug development process. A novel biomarker of glioblastoma multiforme, the most common and aggressive brain tumor of adults, discovered at the MPU, SNB led to insights into potential vulnerability of this devastating cancer to pharmacologic attack. Based on these insights, Lixte synthesized two different types of anti-cancer drugs that target the biomarker. In less than two years, working with the MPU, SNB under the CRADA, Lixte has identified lead compounds of both types, which inhibit glioblastoma multiforme in animal models. These novel compounds are now undergoing pre- clinical evaluation of their pharmacologic characteristics, the first step in the process of preparing an Investigational Drug Application (IND) to the FDA for clinical evaluation."
About Lixte Biotechnology Holdings, Inc. :
Lixte Biotechnology Holdings, Inc. is a cancer therapeutics and diagnostics company. Founded as a biomarker-diagnostics company in 2005, Lixte develops new chemotherapy drugs targeting molecular abnormalities of common human cancers.
About the National Institute of Neurological Disorders and Stroke (NINDS), (NIH):
NINDS (www.ninds.nih.gov) is a component of the National Institutes of Health (NIH), and is the nation's primary supporter of biomedical research on the brain and nervous system.
The National Institutes of Health (NIH) - The Nation's Medical Research Agency - includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services . It is the primary federal agency for conducting and supporting basic, clinical and translational medical research, and it investigates the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit www.nih.gov.
Forward-Looking Statements
This announcement contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. For example, statements regarding the Company's financial position, business strategy and other plans and objectives for future operations, and assumptions and predictions about future product demand, supply, manufacturing, costs, marketing and pricing factors are all forward-looking statements. These statements are generally accompanied by words such as "intend," anticipate," "believe," "estimate," "potential(ly)," "continue," "forecast," "predict," "plan," "may," "will," "could," "would," "should," "expect" or the negative of such terms or other comparable terminology. The Company believes that the assumptions and expectations reflected in such forward-looking statements are reasonable, based on information available to it on the date hereof, but the Company cannot provide assurances that these assumptions and expectations will prove to have been correct or that the Company will take any action that the Company may presently be planning. However, these forward-looking statements are inherently subject to known and unknown risks and uncertainties. Actual results or experience may differ materially from those expected or anticipated in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, regulatory policies, available cash, research results, competition from other similar businesses, and market and general economic factors. This discussion should be read in conjunction with the condensed consolidated financial statements and notes thereto included on Form 10-QSB for the quarter ending March 31, 2008 .
Please see our Website:
www.Lixte.com
For Investor Information, please contact:
Frank Benedetto
Mirador Consulting, Inc. 561-989-3600
SOURCE Lixte Biotechnology Holdings, Inc.
PTEI (.006) Petel Inc. Reduces Annual Expenses by $53,000, Improving Bottom Line
Wednesday, June 25 2008 10:36 AM, EST
Market Wire "US Press Releases "
LONDON -- (MARKET WIRE) -- 06/25/08 -- Petel Incorporated (PINKSHEETS: PTEI), the Broadband TV and Digital Media specialists, today announce the successful negotiation of significant savings on the fixed operating costs of adult entertainment subsidiary SexQube.TV, the broadband, free-to-view service where tele-shopping meets online shopping for retail, pay-per-view and video-on-demand in over 100 genre channels.
In line with group policy of continual cost control and ongoing monitoring of expenditure in all areas of business, the board is pleased to announce substantial savings of 63% have been achieved on the fixed costs of service delivery for adult entertainment subsidiary SexQube.TV. Today's announcement represents a direct reduction of overall fixed costs for the subsidiary of some $53,000 per annum increasing overall margins and decreasing cash burn.
"We are pleased to share these cost efficiencies with our shareholders today," comments CEO David Morton. "We continue to work hard on optimising all aspects of group business and in particular, SexQube.TV, where we achieved overall reductions in Payment Service Provision of 8% in late 2007. Further to previous announcements of successful platform and marketing tests, this now completes the fine tuning and optimisation of the adult business and we now look forward to making announcements of increased marketing spend in the coming weeks."
Further adult content partners and providers are currently in negotiation and announcements are expected in due course.
Petel Incorporated has Current Information status on Pink OTC and Company Reports since debut can be viewed here:
http://www.petel.co.uk/site/index.php?option=com_content&task=view&id=40&Itemid=52
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements.
For more information please email:
enquiries@petel.co.uk
call +44 (0)20 3239 9140
IVCM .0009 -52.63%
SXNOF (.30) Saxon Oil Signs Letter of Intent in Kansas
Wednesday, June 25 2008 10:30 AM, EST
Canada NewsWire "All News "
DALLAS , June 25 /CNW/ - Saxon Oil Company Ltd. ("Saxon") (TSX VENTURE: SXN) (FRANKFURT:OVG) (BERLIN:OVG) (PINK SHEETS:SXNOF) announced today that it's wholly owned subsidiary, Central Kansas Gas Gathering ("CKGG"), has executed a letter of intent to develop a joint venture with American Energies Pipeline LLC ("AEP") of Wichita, Kansas , which will allow joint operations in more than 400 miles of natural gas gathering systems in central Kansas . The joint venture, to be called Mid Kansas Gas Gathering ("MKGG"), will be headquartered in Wichita . AEP will act as operator of the joint venture. Besides the gathering systems, MKGG plans to purchase a gas processing plant with throughput capacity of up to 10 million cubic feet per day of natural gas. This plant will be mobilized to Kansas in the 4th quarter of 2008. Plant operations are expected to commence in the first half of 2009.
"Saxon is delighted to joint venture with American Energies experienced technical team on this exciting opportunity," stated Steve Moore, president of CKGG. "AEP's on-the-ground presence and technical experience with gas processing will expedite Saxon's entry into this market."
CKGG recently acquired an additional 125 miles of gas gathering systems in central Kansas , bringing the total network of gathering systems CKGG controls to over 240 miles effective July 1, 2008 . The newly acquired gas gathering systems are located in Harvey, Kingman, McPherson, Pawnee, and Reno counties. The largest portion of the system is approximately 48 miles of pipe and includes compression facilities. The systems are located just to the east and west of Saxon's existing 100-mile gathering system, which is located in McPherson, Rice and Barton counties.
Saxon currently has production totaling more than 245 bbl of oil equivalent per day (boed) from wells located in Texas , New Mexico , North Dakota, Oklahoma , and Kansas .
In addition, Saxon owns a 20% membership interest in AleAnna Resources LLC , which owns a significant acreage position in the Po Valley of Italy , and will commence 3d seismic operations in the 4th quarter of 2008.
About Saxon Oil Company Ltd :
----------------------------
Saxon Oil Company is a Tier One Texas-based Canadian company, trading on the TSX Venture Exchange under the symbol SXN. The Company is an independent oil and gas company engaged in the acquisition, development and production of oil and natural gas reserves. The Company seeks to deliver strong shareholder returns through an effective exploration and development program that incorporates sound business practices with the latest oil field technologies. The goal is to steadily increase proven reserves of oil and natural gas - which, in turn, will lead to enhanced cash flows and earnings per share.
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding plans for completion, production potential, other targeted areas and expansion and development plans and objectives of Saxon Oil Company Ltd. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this Release.
%SEDAR: 00005554E
SDVI (.0075) Signature Devices, Inc. Gears Up Production for Holiday Release of Mazes of Fate
Wednesday, June 25 2008 10:27 AM, EST
Market Wire "US Press Releases "
REDWOOD CITY, CA -- (MARKET WIRE) -- 06/25/08 -- Signature Devices, Inc. (PINKSHEETS: SDVI) is pleased to announce today that due to an increased level of interest in its Mazes of Fate video game title for the Nintendo DS, the Company has decided to increase production in light of the anticipated demand for their Mazes of Fate game over the holiday season. The Company has made the decision based on marketing responses indicating that a later release date would better suit overall sales of the video game. The company is marketing Mazes of Fate and their other Video Game Titles to major retailers across the country through their national sales representation agreement with Strategic Marketing Partners, Inc. (SMP).
The company expects Mazes of Fate will be available at most major outlets, on Amazon.com and other online retailers. Mazes of Fate for DS allows players to choose one of six powerful characters or create their own unique character to navigate different towns and locations. The DS version of the game plays out over five new chapters with 50 different levels, 20 customizable character skills, 45 magic spells in three magic schools, and more than 50 types of enemies to battle. Mazes of Fate tests players' skills, encompassing the full DS 3-D system and extensive use of the stylus and dual screen.
"We are very excited about the opportunity we have with the major retailers for Mazes of Fate. We have decided we can maximize the sales potential of Mazes of Fate by allocating the additional time to capitalize on the synergies generated by Graffiti Entertainment and our new sales partners SMP," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, LLC .
Signature Devices recently announced that the Company's wholly owned subsidiary, Graffiti Entertainment, Inc. , has launched its new Web 3.0 social networking Web site, www.phatyaffle.com. Phatyaffle is similar to MySpace® but for gamers and game developers. It enables members to network through Web pages and the video games they play, from casual to hardcore gaming. The online venue will also publish software including video games and gaming products.
About Signature Devices, Inc. and Graffiti Entertainment, LLC :
Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premier technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, Inc. , (www.GraffitiEntertainment.com), a publisher of interactive entertainment software for advanced entertainment consoles.
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial 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. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Contact:
For more information, please visit:
www.signaturedevices.com
or call
Investor Relations
+ 1-866-THE-APPL(E)
HSSO (1.91) Health Systems Solutions Announces Appointment of Robert S. Herbst as General Counsel; Will Join Executive Team and Assist in Acquisition Efforts
Wednesday, June 25 2008 10:25 AM, EST
Business Wire "US Press Releases "
NEW YORK --(BUSINESS WIRE)--
Health Systems Solutions, Inc. (OTCBB: HSSO), a software and technology company, announces that Robert S. Herbst has joined the company as General Counsel and Secretary. Mr. Herbst joins the executive team at HSS and--in addition to the traditional day-to-day legal responsibilities of the General Counsel--will play a key role in the execution of HSS' strategy to generate significant growth through the acquisition of complimentary healthcare technology companies.
"HSS is proud to have such an accomplished executive join our leadership team," stated Health Systems Solutions CEO and Chairman of the Board, Stan Vashovsky. "We view Robert's hiring as an investment in the future of our business. In addition to helping us safeguard our assets and manage our risks, Robert will also play a key role in evaluating and negotiating acquisitions."
Mr. Herbst began his career in private practice in 1983 at White & Case and later went in-house as Senior Corporate Counsel at Pfizer Inc. Mr. Herbst played a leading role in the legal affairs at two private equity portfolio companies; Coty Inc. , a $1.2 billion fragrance and cosmetics company and, most recently, as General Counsel at Town Sports International , a $500 million builder and operator of health club facilities. Mr. Herbst received his B.A. degree from Trinity College , where he graduated as Salutatorian and was elected to the Phi Beta Kappa honor society, and he received his J.D. degree from Columbia Law School . Mr. Herbst is also a 10-time world powerlifting champion and holds several American and world records.
Mr. Vashovsky added, "It is exciting to add someone of Robert's intellectual caliber and business knowledge to our team. Robert's vast experience has prepared him to be both a legal advisor and a strategic thinker for HSS. His skill set is a perfect fit for what we need at this point in our trajectory as we embark on the execution of our growth strategy. Robert's extensive record of success and passion for winning will also add depth to HSS' core asset--our management team."
About Health Systems Solutions:
HSS is a technology and services company dedicated to bringing innovation to the health care industry. Our objective is to leverage current and next-generation technologies to offer value-added products and services which will generate improved clinical, operational and financial outcomes for our clients. The HSS portfolio of products and services extends across many segments of health care including home health care, medical staffing, acute and post-acute facilities, and telehealth/telemedicine, grouped into three segments: technology solutions, software and consulting.
Source: Health Systems Solutions, Inc.
NXXN (1.65) NexxNow, Inc. on Digital 50 'New High Alert'
Wednesday, June 25 2008 10:24 AM, EST
PR Newswire "US Press Releases "
BUFFALO, N.Y. , June 25 /PRNewswire-FirstCall/ -- NexxNow, Inc. (OTC Bulletin Board: NXXN), a sports media and marketing company hit the "Digital 50" investor alerts on Tuesday for Chinese companies that attained new 52-week highs at least once from Monday, June 16 through Friday, June 20, 2008 .
NexxNow, Inc. attributes the gain to the market awareness generated by Paul Riley, CEO, and his presentation of NexxNow's business initiative to pursue the internet and televised broadcast of US Sports related entertainment to China at the Global Chinese Financial Forum (GCFF) conference on June 13, 2008 in San Francisco, CA .
Gilbert Chan, SVP Marketing & Investor Relations of GCFF stated, "We were impressed with NexxNow's initiative to bring Chinese and American players together on an American basketball Team. Since Yao Ming's arrival at the Houston Rockets, basketball has become China's fastest growing participant and fan-based sport."
About the GCFF San Francisco 2008 Conference
The Annual Global Chinese Financial Forum in San Francisco brings the most relevant and up-to-date information regarding the Chinese investment market to San Francisco each year. The event brings together professionals, institutions and high net worth individual investors to share their experiences and extend their business network.
The Digital 50 alert is available at: http://digital50.com/news/items/PR/2008/06/23/NEM045/geoinvesting-com-begins- tracking-csol-ccchf-gsi.html
About the Company (OTC Bulletin Board: NXXN)
NexxNow, Inc. is a diversified Sports Media and Marketing Company that Provides technologically powered multi-media ad platforms to National/International Advertisers. NexxNow China, Inc. (Subsidiary) is pursuing the television broadcast of its professional basketball team (Buffalo Dragons) to China .
Information on the company and a fact sheet can be found on http://www.nexxnow.com.
Forward-Looking Statement:
This release contains 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, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
CONTACT: Market Vision Consulting, Inc.
Robert Gartzman
(561) 447-7177
SOURCE NexxNow, Inc.
VGPR (.04) Vega Update to Shareholders
Wednesday, June 25 2008 10:24 AM, EST
PR Newswire "US Press Releases "
LONDON , June 25 /PRNewswire-FirstCall/ -- VEGA PROMOTIONAL SYSTEMS, INC. (Pink Sheets: VGPR) today issued the following update to its shareholders.
The purpose of this letter is to update our shareholders with information concerning the business of the Company as we move forward.
As we have mentioned in the past, our Business Plan includes three individual business units; Software Services, Brand/Talent Agency , and Media Production Services. We are currently working on projects in each of these three areas.
Software Services. We are currently in negotiations to acquire an existing software development company that has developed unique proprietary software for the online gaming industry. This software will provide us with the necessary tools to develop the Vega Gaming Network where players from all over the world will play together on websites that have licensed the software from Vega. We anticipate closing this transaction within the next few weeks.
Brand/Talent Agency . We continue to work with professional poker personality, Bob Clark, a.k.a. Bob the Butcher to expand the BTB brand to new international markets. Future plans include the Butcher Poker Academy where players will learn to play both tournament poker and cash game poker. Bob will also be one of the online commentators for the Poker Tour of the Americas (PTA). Vega has licensed the trademarked name Bob the Butcher to ButcherPoker, LTD for use on their online gaming website. We are also working with other companies to expand their brands internationally and will provide updates as they become available.
Media Production Services. We recently announced the development of the Poker Tour of the Americas (PTA). The PTA is a series of poker tournaments held in locations in North and South America . The Tour, similar to the World Poker Tour, will be filmed for television and Vega will be the Executive Producer. As Executive Producer, we will own the content and will be responsible for selling the advertising for the programming. Rather than sell the idea to the network, we will purchase the necessary airtime to run the programming. The programs will be aired throughout North and South America and we will profit from the sale of advertising each time the programs are aired. More information about the PTA will be provided as it becomes available.
We want to thank our loyal shareholders for their continued patience and understanding during this time of growth and look forward to providing further information on the projects we are working on as we move forward.
Sincerely,
Michael Herron
CEO
About Vega Promotional Systems, Inc. :
Vega Promotional Systems, Inc. is a promotions and marketing company that is seeking complementary business opportunities that will allow it to increase its shareholder value. The Company's stock trades under the symbol VGPR on the pink sheets.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
SOURCE Vega Promotional Systems, Inc.
BIHC (.015) BIH Corporation Agrees to Sale of Baron International Subsidiary
Wednesday, June 25 2008 10:22 AM, EST
Market Wire "US Press Releases "
WEST ORANGE, NJ -- (MARKET WIRE) -- 06/25/08 -- BIH Corporation (PINKSHEETS: BIHC) announced today that its Board of Directors, through the advice of its attorneys, has agreed to sell its subsidiary Baron International .
The acquirers and BIH Corporation have agreed on a purchase price subject to a five business day period to allow the acquirer to perform due diligence. Upon the completed due diligence, the parties will move to a closing as fast as possible. Terms and acquirer will be released at the completion of the closing as both parties have mutually agreed on this action as not to cause any outside disruptions.
"The company believes that it has acted in the best interest of The Company and its Shareholders as this will place BIH Corporation into an extremely strong cash position and also allow the company to issue a one time special cash dividend to its shareholders," said Frank Nordstrom, company spokesman.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
BIH Corporation
Investor Relations
Tel: 1-866-532-5908
Fax: 1-239-437-5777
AGGI (.24) Allied Energy Begins Drilling Operations for Its 12-Well Program in Rogers County
Wednesday, June 25 2008 10:15 AM, EST
Market Wire "US Press Releases "
BOWLING GREEN, KY -- (MARKET WIRE) -- 06/25/08 -- Allied Energy, Inc. (PINKSHEETS: AGGI) announced today that it has successfully drilled the first well (Begley #12-3) of its 12-well program in Rogers County, Oklahoma . The Begley #12-3 well reported 20 +/- feet of potentially productive oil zone from a conventional reservoir in the Company's Southern Rogers County Field.
"Since February of this year, the Company's nearby Smith Peter Hickory #1 has produced more than 1,500 barrels of crude from a conventional reservoir similar to that found in the Begley #12-3," said Steve Stengell, Allied's Vice President of Business Development. "We are currently drilling the 2nd well location and anticipate drilling all 12 wells in the next 3 to 4 months," added Stengell.
The Company has approximately 6,000 acres under lease, more than 60 wells under development and continues to build its own gas line infrastructure system in Rogers County to maximize its price for gas at the wellhead.
About Allied Energy
Allied Energy, Inc. (PINKSHEETS: AGGI) is an independent energy development firm primarily engaged in the exploration, development, and production of oil and natural gas in the continental United States . The company relies upon its industry partners, well operators, geologists, petroleum engineers, and financial analysts whose combined industry experience is essential to the success of each project. Allied Energy's strategic focus is the development of oil and natural gas reserves. As the fuel of choice to meet the growing demand for a clean-burning domestically produced fuel, the company firmly believes its natural gas exploration strategy should provide substantial growth to the company for the years to come.
For more information: www.alliedenergy.com
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks including but not limited to geological and geophysical risks inherent to the oil and gas industry, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company may have varying degrees of working interest ownership in each well and/or prospect. Thus, gross revenue projections may not be equal to what is distributed net to the Company. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors inherent to the oil and gas industry.
Company Contact:
Steve Stengell
Allied Energy, Inc.
2800 Griffin Dr.
Bowling Green, KY 42101
Phone: 866-256-5836
Fax: 800-251-9322
Website: www.alliedenergy.com
Email: info@alliedenergy.com
KWBT (.069) Kiwa Bio-Tech Receives Authorization From the Ministry of Commerce of the People's Republic of China to Wholesale Other Fertilizer Manufacturers Products
Wednesday, June 25 2008 10:03 AM, EST
PR Newswire "US Press Releases "
BEIJING and CLAREMONT, Calif., June 25 /Xinhua-PRNewswire-FirstCall/ -- Kiwa Bio-Tech Products Group Corporation (OTC Bulletin Board: KWBT) announced that on June 23rd, 2008 , Kiwa Bio-Tech Products (Shangdong) Co., Ltd. (Kiwa Shandong) received approval documents from the Ministry of Commerce of the People's Republic of China , ratifying Kiwa Shandong to wholesale other companies' fertilizer products, including chemical fertilizers, complex fertilizers and compound fertilizers. Based on applicable tax laws in China , Kiwa Shandong's new business items will be exempt from value-added tax.
On June 10th Kiwa announced discussions with Jiangsu Zhongdong Group Co., Ltd. ("Zhongdong") to working together to develop and market products. Zhongdong has already commenced to cooperate with Kiwa Shandong, and sales volume is expected to be $10,000,000 in next six months.
Mr. Wei Li, CEO and Chairman, stated, "The latest developments in China's fertilizer market suggest dual directions with the integration of the bio-fertilizer market with the chemical fertilizer market. A number of large-scale chemical fertilizer manufacturers have started cooperating with bio-fertilizer manufacturers in order to develop new biological complex fertilizer products and exploit these markets together. Undertaking this cooperation with Zhongdong should contribute to significant growth of Kiwa's revenues."
ABOUT JIANGSU ZHONGDONG GROUP CO., LTD.
Jiangsu Zhongdong Group Co., Ltd. is an industrialized agricultural and chemical group and a leading company of integrating trade, industry and agriculture. In 2000, Zhongdong was approved as a national compound fertilizer manufacturer by China Economy and Trade Committee. Zhongdong is located in Jiaze town (west suburb of Changzhou city) in the Yangtze River Delta, and is close to Shanghai-Nanjing Expressway and Yanjiang Expressway. Zhongdong consists of 4 companies (3 fertilizer production bases and 1 large-scale pig farm): including Jiangsu Changzhou Zhongdong Fertilizer Co., Ltd. , Jiangsu Shuyang Zhongdong Fertilizer Co., Ltd. , Wuhan Zhongdong Chemical Co., Ltd. and Jiangsu Kangle Farming & Agriculture Co., Ltd , which are in different provinces and regions around China . By the end of 2007, its production capacity of compound fertilizer has reached 2 million tons. In the same year, production and sales of compound fertilizer hit 1.5 million tons, with sales revenue exceeding 1.8 billion RMB. Zhongdong has become a leading supplier in the phosphate compound fertilizer industry in China . http://www.jszd.com/template/en/index.htm
ABOUT KIWA BIO-TECH PRODUCTS GROUP CORPORATION
The Company develops, manufactures, distributes and markets innovative, cost-effective, and environmentally safe bio-technological products for agricultural and natural resources and environmental conservation. The Company's products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes. For more information about the Company, please review documents filed with the SEC ( http://www.sec.gov ) or visit the Company's website at http://www.kiwaiotech.com .
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission . The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
For more information, please contact:
Yvonne Wang
Kiwa Bio-Tech Products Group Corporation
Tel: +1-626-715-5855
Email: kiwabiotech@gmail.com
Robert Schechter
Equity Communications
Tel: +1-212-499-6809
Email: ir4kiwa@hotmail.com
SOURCE Kiwa Bio-Tech Products Group Corporation
TEWI (.33) Titan Energy Worldwide Demonstrates Sentry 5000 Mobile Utility System to Top New York State, Nassau County and Connecticut Emergency Management Officials
Wednesday, June 25 2008 10:04 AM, EST
Business Wire "US Press Releases "
MINNEAPOLIS --(BUSINESS WIRE)--
Titan Energy Worldwide (OTC BB: TEWI), a leader in the manufacturing, marketing and servicing of energy generation products and services, has completed a series of live demonstrations of the Sentry 5000 Disaster Response Mobile Utility System for the New York State Department of Transportation , Nassau County's Sheriff Department , and New York area Emergency Management Officials.
Demonstrations were also conducted for the State of Connecticut Homeland Security Regional Officers, and representatives from the Deputy Commissioners Office of the State of Connecticut Emergency Management Department . These demonstrations were coordinated by Atlantic Power Systems, Titan Energy's regional distribution partner with support from ABLE Equipment.
"We are encouraged by the strong reception to the capabilities of the Sentry 5000 from the homeland security and emergency management officials who received live demonstrations and hands-on trials of the unit," said Dean Pellegata, Titan's business development manager. "The Sentry 5000 is uniquely able to quickly restore a community's power, water, cooling/heating and communications and it offers a cost-savings over traditional equipment currently being used. Both New York and Connecticut have the funding and purchasing power for innovative products that will better prepare them for unforeseen disasters. We anticipate several developing business opportunities as a result of these demonstrations, and additional interest from the New York market."
About the Sentry 5000
Manufactured by Titan Energy Worldwide, the Sentry 5000(TM) offers immediately deployable power, water purification, communications, HVAC and lighting in a single mobile package. A self sufficient first response unit, the Sentry 5000 provides vital utility services when standard utility service is unavailable. Built as a self-contained trailer mounted unit, the Sentry 5000 is designed emergency response, disaster relief and remote utility support and engineered for fast deployment, quick in-the-field start up and simple operation. The system provides up to 80 hours of emergency power generation without refueling (depending on load utilization), purified drinking water delivered at 3,600 gallons per day and heating & cooling for environmental control during extreme weather conditions. The unit is compact enough to be pulled by an SUV or heavy-duty pickup truck and operational within minutes of arriving onsite.
More information about the Sentry 5000 can be found at: www.titansentry.com.
About Titan Energy Worldwide, Inc.
Titan Energy is a leader in the manufacturing, marketing and servicing of energy generation products and services, a major participant in the distributed, renewable, and alternative energy industries, and a leader in development and support for new energy-related technology. Founded in 2005, Titan combines engineering expertise, established sales and distributorships, service operations and unique strategic partnerships to meet the growing global demand for clean, efficient, energy solutions. Titan serves disaster recovery first responders, relief agencies, homeland security, the department of defense and municipalities. For more information, visit the company's website at www.titanenergy.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of TEWI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future TEWI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and TEWI has no specific intention to update these statements.
Source: Titan Energy Worldwide
GFET (.21) Gulf Ethanol Establishes R&D Facility
Wednesday, June 25 2008 10:04 AM, EST
Market Wire "US Press Releases "
HOUSTON, TX -- (MARKET WIRE) -- 06/25/08 -- Gulf Ethanol Corporation (PINKSHEETS: GFET) announced today that the company has established an R&D facility dedicated to refining the design of its cellulosic feedstock preprocessor. Cellulosic feedstock is used to produce ethanol from non-food products.
The new facility will be focused on enhancing the system for commercial delivery as a solution for cellulosic feedstock processing in ethanol production. Equipment and feedstocks are being acquired to analyze the throughput capacity, energy requirements, and scalability of the system. Gulf Ethanol intends to show that its equipment can improve the efficiencies of cellulosic feedstock and provide ethanol producers with an alternative to corn. Initial experiences with components of the system lead the company to believe that the system will significantly improve process times and net ethanol yield from cellulosic feedstocks
An ethanol production plant, capable of producing fifty million gallons of ethanol per year, is projected to continuously require the equivalent of a truckload of sorghum every five minutes. Initial experiences with components of the system indicate that large quantities could be processed with cost effective energy consumption. The focus of the R&D facility will be to quantify the precise parameters of the systems operations and evaluate the engineering requirements to scale the unit to handle the quantities of feedstock that a commercially viable cellulosic ethanol plant would require.
The establishment of the new R&D facility comes in the wake of the announcement on 15 April 2008 that Gulf Ethanol was acquiring the preprocessing system. "This is a huge business opportunity for Gulf and is one of the key elements to increasing cellulosic ethanol production in America," said Bill Carmichael, Interim CEO of GFET.
About Gulf Ethanol Corporation
Gulf Ethanol is an alternative energy company focused on the development of the cellulosic ethanol industry with a particular emphasis on Texas and the Gulf Coast.
For more information please visit our homepage at: www.GulfEthanolCorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Add to Digg Bookmark with del.icio.us Add to Newsvine
CONTACT:
William Carmichael
1240 Blalock Road, Ste. 200
Houston, Texas 77055
Office: 713-461-9229
Email Contact
Morning SL! So far only QMNM, HTOG, and UPDV
DMDD (.04) Diamond Discoveries and Tres-Or Drills New Kimberlite Discovery in Quebec to 252 Metres Vertical Depth
Wednesday, June 25 2008 10:02 AM, EST
Canada NewsWire "All News "
NEW YORK , June 24 /CNW/ - Diamond Discoveries International Corp. (DMDD:OTCBB) and Tres-Or Resources Ltd. (TSX VENTURE: TRS) are pleased to report that a third drill has been completed in our new kimberlite discovery near Notre Dame du Nord, Quebec to 252 m in kimberlite. The third hole was drilled vertically and intersected kimberlite breccia from beneath overburden at 28.3 m to the end of the hole at 252 m. This new kimberlite body appears to be pipe-like in shape and remains open to the north.
Kimberlite from each phase identified from the first three drill holes in the detailed core logging will be tested for microdiamonds and indicator mineral chemistry. Kimberlite from each phase identified from the first three drill holes in the detailed core logging will be tested for microdiamonds and indicator mineral chemistry. Results of this testing will be reported when available later this summer as stated in previous news releases.
The intersected rock is interpreted as serpentine and calcite kimberlite carrying visually identified pyrope garnet, chrome diopside, phlogopite, and mantle peridotite xenoliths, as well as abundant limestone xenoliths (most less than 10 cm across), some of which carry fossils.
The drill is scheduled to move later this week to test a second target of similar geophysical character located approximately 5 km to the southwest of the new discovery
Diamond Discoveries (Canada) Inc. , a wholly owned subsidiary or Diamond Discoveries International Corp. , has a Letter of Intent to earn up to a 50% interest in certain of the Notre Dame du Nord, Quebec properties by spending a total of $1,500,000 in exploration. Tres-Or is the project Operator.
Harrison Cookenboo, Ph.D, P.Geo. a consulting geologist and a qualified person by the standards of National Instrument 43-101, has examined the drill core in the field and reviewed the contents of this news release. Dr. Cookenboo is responsible for the design and the implementation of the field programs.
About Diamond Discoveries International Corp.
Diamond Discoveries International Corp. is a U.S. exploration company with executive offices in New York, NY and Toronto, Ontario . Since inception through it's wholly owned subsidiary Diamond Discoveries (Canada) Inc. it is focused on diamonds, precious and base metal exploration in the province of Quebec .
Forward-Looking Statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involves risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in company filings with U.S. securities regulatory authorities.
SGCP (.015) Sierra Gold Corporation's Newly Purchased Equipment to Increase Gold Production by 400-500 Percent
Wednesday, June 25 2008 10:01 AM, EST
PrimeNewswire "PrimeNewswire "
TORONTO , June 25, 2008 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) announced today that it plans to increase present gold production by 400-500%. With its recent purchase of river dredging equipment, the company will now be able to extract gold from the gravels at the bottom of the river.
The gold extracted from the river will increase the potential gold reserves previously estimated to be just over 936,000 ounces based on prior work done by the National Diamond Mining Corporation and mining engineer, Mike Manke. Geologist Alieu Madhi's report did not include any bulk sampling work from the bottom of the river. The report estimated the gold values would exceed US$800 million at today's prices.
Doug Evans, CEO of Sierra Gold, commented: "We are excited about the prospect of dredging the river for gold throughout the year including the rainy season and of increasing the gold reserves for the company."
Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa . The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest gold producing areas worldwide. Sierra Leone's neighbors, Ghana and Mali , are the second and third largest gold producers in all of Africa .
Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
CONTACT: Sierra Gold Corporation
John Rolston
619-398-9262
www.sierragoldcorp.com
LAUD nice bounce. Back to unchanged... wait GREEN
FWIW... QMNM (.021) Quest Minerals & Mining Clarifies Symbol Confusion
Wednesday, June 25 2008 9:53 AM, EST
PrimeNewswire "PrimeNewswire "
PATERSON, N.J. , June 25, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, announced today that it is currently compliant with its reporting requirements under the Securities Exchange Act of 1934, as amended, and as a result, the OTC Bulletin Board indicated that Quest is "compliant with NASD Rule 6530 and will not have an 'E' appended to their symbol effective 6/25/2008 as previously announced." Quest is currently working with the OTC Bulletin Board to ensure that its stock continues to trade under the symbol QMNM.OB.
Furthermore, Quest has become aware of various rumors being circulated on the Internet that it has changed its name and has effected a reverse stock split. This information is not accurate. Quest is not changing its name and is not effecting a reverse stock split.
About Quest Minerals & Mining
Quest Minerals & Mining Corp. , or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States . Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp. , please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission .
CONTACT: Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr.
973-684-0035
QMNM (.0209) Quest Minerals & Mining Clarifies Symbol Confusion
Wednesday, June 25 2008 9:53 AM, EST
PrimeNewswire "PrimeNewswire "
PATERSON, N.J. , June 25, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, announced today that it is currently compliant with its reporting requirements under the Securities Exchange Act of 1934, as amended, and as a result, the OTC Bulletin Board indicated that Quest is "compliant with NASD Rule 6530 and will not have an 'E' appended to their symbol effective 6/25/2008 as previously announced." Quest is currently working with the OTC Bulletin Board to ensure that its stock continues to trade under the symbol QMNM.OB.
Furthermore, Quest has become aware of various rumors being circulated on the Internet that it has changed its name and has effected a reverse stock split. This information is not accurate. Quest is not changing its name and is not effecting a reverse stock split.
About Quest Minerals & Mining
Quest Minerals & Mining Corp. , or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States . Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp. , please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission .
CONTACT: Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr.
973-684-0035
WTWO (.065) W2 Energy Inc. to De-List Common Shares From Frankfurt Exchange
Wednesday, June 25 2008 9:45 AM, EST
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 06/25/08 -- W2 Energy Inc. (PINKSHEETS: WTWO) ( FRANKFURT : WJD), a developer of green energy, announced today it has chosen to de-list its common shares under its present CUSIP number from the Frankfurt exchange.
Mr. Michael McLaren states, "W2 Energy will re-list a new class of shares on the Frankfurt Exchange immediately and is presently working on that listing now."
W2 Energy Inc. decided it was a necessary to list a separate class of shares on the Frankfurt due to certain trading irregularities and the possible ability to naked short W2 Energy's common stock. By listing a new class of common shares the company will disable any ability to manipulate our American market before and after trading hours.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass-to-energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements 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 involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
For further information, please contact:
W2 Energy Inc.
info@w2energy.com
www.w2energy.com
SPBU (.29) Spare Backup, Inc. Expands Product Offering to Include Corporate Protection Products
Wednesday, June 25 2008 9:44 AM, EST
PR Newswire "US Press Releases "
PALM DESERT, Calif., June 25 /PRNewswire-FirstCall/ -- Spare Backup, Inc. (OTC Bulletin Board: SPBU), the industry leading developer and licensor of custom designed, private label online backup solutions for the home and small business markets, today announced the expansion of its product line with the introduction of "Spare Corporate Protection".
The expansion comes in response to increased demand of the small business market and requests of current major partners including DSG International . The expanded product line will provide small business and enterprise users the same flexibility and ease of use our home users currently enjoy. These products now address a significantly larger potential market, which should start to impact our revenues in the third calendar quarter.
Spare Backup President and CEO Cery Perle stated, "We are in the final phase of negotiations with several large global partners, and expect our 'Corporate Protection' products to begin delivering revenue during the third calendar quarter."
Spare Backup is the only company to offer true PC archiving, retaining content until the client deletes the information from the Spare Backup copy, not just the PC copy. This feature gives corporations the ability to choose when to delete important enterprise data. New corporate legal requirements are increasingly demanding data archival and retrieval. Additionally, a specialized customer key process allows for the tightest security protection of client content in the industry. Corporate customers are given the choice of licensing Spare Backup Software to run in their own corporate data centers or outsourcing the backups to be managed in one of several Spare Backup 'state of the art' RAID 6 data centers.
About Spare Backup, Inc.
Spare Backup, Inc. specializes in helping consumers, small office/home office users, and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. The company's flagship Spare Backup product is the first totally automated online backup service that intelligently selects, secures and stores files without any user intervention, automatically backing up documents, email, music, photos and other PC files on a continuous basis or according to the schedule of the user's choice. The company is headquartered in Palm Desert, California .
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995
provides a safe harbor for forward-looking information made on the company's
behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or
operating strategies can be identified as forward-looking statements. Such
statements made by the company are based on knowledge of the environment in
which it operates, but because of the factors previously listed, as well as
other factors beyond the control of the company, actual results may differ
materially from the expectations expressed in the forward-looking statement.
SOURCE Spare Backup, Inc.
Just grabbed 100k @ .17. Thinking that is bottom for now
PSUD (.135) PetroSun Announces Recent Algae-to-Biofuel Development
Wednesday, June 25 2008 9:25 AM, EST
Market Wire "US Press Releases "
SCOTTSDALE, AZ -- (MARKET WIRE) -- 06/25/08 -- PetroSun, Inc. (PINKSHEETS: PSUD) announced today that the company has advanced as a team member to the award consideration phase for the development of jet fuel derived from algae. We anticipate the final award negotiation process to commence after June 30, 2008 .
"Our shareholders should be aware of the important role PetroSun has ascended to within the algae based sustainable fuels industry," stated Gordon LeBlanc, Jr., CEO of PetroSun. "It is frustrating that we are restricted to this generic release of information today based solely on the current status of the alternative jet fuel program. Being a team player is something we understand; being politically correct is not on our agenda during what should be a period of an all out effort to succeed in the development of global sustainable energy resources. PetroSun will continue to move forward independently and with industry partners to fulfill the commercial promise of algae derived biofuels."
About PetroSun
PetroSun's operations include oil and gas exploration, development, production, oilfield tubular sales and algae-to-algal oil alternative biofuel production. The oil and gas division is focused on the exploration of the Holbrook Basin of Arizona , the San Juan Basin of New Mexico , Australian based prospects and the development of oil and gas reserves in Louisiana . PetroSun Oilfield, a wholly owned subsidiary, is engaged in the importing of tubing and casing from China for marketing and distribution within the US market. The alternative fuels division has entered the commercial stage of its algae-to-biofuels production technology. The Company plans to establish algae farms and algal oil extraction plants in Louisiana , Texas , Arizona , Mexico and Central America during 2008. The algal oil product will be marketed as feedstock to existing biodiesel refiners and planned company owned refineries. PetroSun is headquartered in Scottsdale, Arizona with field offices in Shreveport, Louisiana and Rio Hondo, Texas . For more information about PetroSun visit the company's website at www.petrosuninc.com.
Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.
Contact:
Investor Relations
Osprey Partners
732-292-0982
HTOG (.0087) Heartland Coalbed Methane Revenues Continue to Advance - 18,000 Foot Pipeline to be Completed by End of June and 12 Wells Connected - New Wells Expected to Double CBM Production
Wednesday, June 25 2008 9:05 AM, EST
Business Wire "US Press Releases "
MIAMI COUNTY, Kan.--(BUSINESS WIRE)--
With revenues from its Coalbed Methane Field in Miami County, Kansas continuing to advance, Heartland Oil and Gas Corp. (OTC BB: HTOG) (FWB: HOCA) is expecting to soon double its production from this field with the completion of Heartland's 18,000 foot pipeline expansion project and the subsequent connection of 12 additional wells.
As demonstrated by the chart, since its acquisition by Universal Property Development and Acquisition Corporation (OTC BB: UPDV), Heartland's gross revenue on production in Kansas has steadily increased and more than doubled to $110,729 in just 12 months.
In addition to this increasing revenue, Heartland's pipeline expansion will connect to 12 CBM wells Heartland previously drilled and which production testing indicates will double the current output from this field. The pipeline will also open many more acres to additional drilling activity.
"We expect to have the 8 inch main completed by the end of the week," reports Susie Glaze, Operations Manager of Heartland's prime contractor, Aztec Well Services, Inc. , another UPDA subsidiary. "The pipe will be in the ground, buried, four road crossings made, 2 creek crossings and the 8 inch pipe will be hooked into the 12 inch main. The pipeline will be stubbed out at the salt water disposal well location and we intend to go directly back to the SWD well and take it down another 100-200 ft. with a smaller drill bit. We currently have the SWD well down to 1000 feet and it has been cased with 5 1/2" production pipe and cemented in. We expect to have the SWD well done by the end of the next week and then start moving tanks so we can turn on the production wells."
"The production increases we have been able to achieve from the existing wells are quite remarkable," commented Heartland Spokesman Jack Baker. "And the numbers we have seen so far from the new wells are very encouraging. With the completion of the pipeline and connection of these 12 wells, we expect to double our production again and we can continue to drill new wells on the vast acreage accessible along the three miles of new pipeline. We are very optimistic that our revenue growth will accelerate at an even higher rate as we go forward with our plans."
About Heartland Oil and Gas Corp.
In April 2007 , Universal Property Development and Acquisition Corporation (OTC BB: UPDV) (www.universalpropertydevelopment.com) acquired a controlling interest in Heartland Oil and Gas Corp. and designated Heartland as its exploration and production arm. Since that time, UPDA has also established Aztec Well Services, Inc. (www.aztecwell.net) as its wholly owned field services subsidiary. For further information, visit www.heartlandoilandgas.com.
Heartland Oil & Gas Corp. (OTCBB: HTOG) recently received a reiterated "Speculative Buy" from Beacon Equity Research Analyst Victor Sula, Ph.D. The full report is available at http://www.BeaconEquity.com/m.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Source: Heartland Oil and Gas Corp.
ALIF (2.10) Artificial Life Evolves Interactive Mobile TV Application SMS Galaxy 3.0 to become MoPA-TV 3.0
Wednesday, June 25 2008 9:04 AM, EST
PrimeNewswire "PrimeNewswire "
LOS ANGELES and HONG KONG , June 25, 2008 (PRIME NEWSWIRE) -- Hong Kong -based Artificial Life, Inc. (OTCBB:ALIF) (www.artificial-life.com), the leading full-service provider of award-winning mobile technology and applications, today announced the release of a new enhanced version of its mobile TV technology platform SMS Galaxy, which will be re-branded as MoPA-TV 3.0 (mobile participation TV). The upgraded MoPA-TV 3.0 enables new methods of interactivity which are now standard features of the product, including mobile mail and Internet, WAP sites and fixed line channels. As a result, viewers can participate in ways other than text messaging alone.
MoPA-TV 3.0 evolved through the use of SMS Galaxy for a Japanese television show which aired on TV ASAHI. During implementation for the show, new updates and features were integrated, warranting a refocus of SMS Galaxy's product mission. MoPA-TV 3.0 is now dedicated to providing multiple methods of live mobile interactivity for television shows worldwide.
Eberhard Schoneburg, Artificial Life's chief executive officer, said, "We are very excited about our success and the positive feedback we received for our first interactive mobile participation TV show in Japan , which aired the week of June 16 as a live, one-hour event on TV ASAHI. Several enhancements were made to SMS Galaxy in preparation for the show. We broadened the channels from which users can participate in our live TV show formats. Text messaging is no longer the only means of participation. It is now also possible to participate via mobile mail, WAP sites or mobile Internet access as well as through fixed line channels. Therefore, we have decided also to rename the product MoPA-TV 3.0 to reflect the more general use of our platform as a new interface for live mobile participation TV shows."
MoPA-TV 3.0 features include:
* Multi channel interaction
* Detail management with 3D performance optimization
* Automated scene graph selection in real time
* Unlimited preset camera positions and paths
* Dynamic collision boundary checking
* Parameterized volumetric avatar spawning algorithms
* Full 1080p HD optimized textures and mapping
Text message interaction through MoPA-TV is supplemented by additional support of email, mobile Web (WAP) and online access for user participation. In addition, the product integrates enhanced levels of detail management with 3D performance optimization, making the product fully scalable while supporting over 500,000 concurrent live participants. This technique replaces avatars furthest from the camera with lower polygon models in real time. The real-time automated scene graph selection feature prevents cases where large scale simultaneous animations may cause the frame rate to drop. This additional 3D performance optimization technique limits avatars furthest from the camera from being drawn in order to maintain the desired frame rate.
With limitless camera positions, MoPA-TV also enables users to configure pre-defined positions within the 3D scene that can be transitioned to smoothly or jumped to depending on the preference of the controller, in addition to the free range 3D camera control provided by the joystick for orbiting and fly-throughs. This is complemented by unlimited preset camera paths that can be defined with an unlimited number of way-points, an easy method for automating complex camera motions through the virtual worlds. The product also features sophisticated avatar management tools, such as dynamic collision boundary checking to prevent objects from intersecting with one another, which allows buildings and other props to be placed safely into the 3D worlds with avatars located a safe distance away. Parameterized volumetric avatar spawning algorithms for displaying avatars in 3D space allows more avatars to be visualized on screen and the distance between avatars and any other 3D properties can be controlled in real-time. Full 1080p HD optimized textures and mapping enable the highest-quality visual experience, supporting anti-aliasing and high-resolution textures for immediate up-scaling to HD broadcasting standards.
MoPA-TV 3.0 is available for licensing immediately.
About Artificial Life
Artificial Life, Inc. (OTCBB:ALIF) is a public U.S. corporation headquartered in Hong Kong with offices in Berlin (EMEA headquarters) and Tokyo . The company is a leading global full service provider of award winning mobile technology, mobile TV, content, games and business applications (see also the company's homepage: www.artificial-life.com; and our m-commerce portal: www.botme.com).
Forward-Looking Statements:
This press release contains "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, as amended. Such forward-looking statements include, without limitation, statements regarding our future results of operations, financial condition and business prospects. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, our ability to obtain additional funding to operate and grow our business; the unproven potential of our mobile gaming business model; changing consumer preferences and uncertainty of market acceptance of our products; timely adoption and availability of 3G mobile technology; market acceptance for use of mobile handheld devices to play the interactive games; unpredictable mobile game development schedules; our reliance on a relatively small number of brands; our ability to license brands from others; our dependence upon resellers and telecommunication carriers and operators to distribute our products; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission , including our Annual Report on Form 10-K filed on March 13, 2008 . We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.
CONTACT: Artificial Life, Inc.
Media:
Erin Hall / Wanda Soler
619 677 2700
artificial-life@lewispr.com
Investors:
Annie Lau
+852 3102 2800
ir@artificial-life.com
TISG (.52) TIGroup Brings Advanced Diagnostic Technology to Rural Oklahoma Patients
Wednesday, June 25 2008 9:07 AM, EST
Business Wire "US Press Releases "
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--
Tri-Isthmus Group, Inc. (TIGroup) (Pink Sheets:TISG), a provider of financial solutions to the healthcare industry, today announced that patients and physicians in the Oklahoma communities of Stroud , Chickasha and Anadarko will soon be able to access the latest diagnostic imaging technology.
TIGroup's new Philips Brilliance CT (computed tomography) scanners produce crisp, detailed images of the body in just seconds using an advanced form of X-ray technology. These advanced diagnostic CTs enable physicians to detect and treat life-threatening illnesses such as heart disease, cancer, stroke and lung disease at an earlier stage. Patients benefit due to the greater number of treatment options available after early stage detection and quicker scan times. These new CT systems replace single-slice CT units at both facilities, which often required patient scan times of more than 20 minutes. The new scanners dramatically reduce patient exposure to radiation, which supports TIGroup's commitment to patient safety.
TIGroup anticipates its new 16-slice CT Scanner in Stroud and 64-slice CT Scanner in Chickasha will be ready for patient use on August 1, 2008 .
TIGroup Chairman and CEO David Hirschhorn said, "We believe strongly in investing in patient care. Only TIGroup's facilities in Stroud and Chickasha can offer patients in these communities access to such advanced diagnostic imaging systems. These new CT systems offer an excellent combination of clinical excellence and patient safety, with the biggest benefit being increased capabilities for early detection. While we always put a high value on giving our physicians the best diagnostic tools, the ultimate beneficiaries of our investments in these scanners will continue to be the patients in our communities."
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE:PHG) is one of the world's biggest electronics companies and Europe's largest, with sales of $39.5 billion in 2007. With activities in the three interlocking domains of healthcare, lifestyle and technology and approximately 130,000 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News from Philips is located at http://www.philips.com/newscenter.
About Tri-Isthmus Group, Inc.
Tri-Isthmus Group, Inc. (TIGroup) is a financial solutions provider focused on healthcare services operations designed to deliver quality healthcare outside of traditional urban hospital settings. The company is building a portfolio of interests in ambulatory surgical centers, rural hospitals, surgical hospitals and other centers operating in partnership with physicians. For more information, visit http://www.tig3.com.
A profile for investors can be accessed at http://www.hawkassociates.com/profile/tisg.cfm. For investor relations information, contact Cale Smith or Julie Marshall, Hawk Associates , at 305-451-1888, e-mail: tigroup@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for TIGroup, sign up at http://www.hawkassociates.com/about/alert/.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's Forms 10-K and 10-Q filed with the SEC.
Source: Tri-Isthmus Group, Inc.
NLAI (.003) NewMarket Latin America, Inc. Announces RKM IT Solutions' Participation in Microsoft's Worldwide Partner Conference 2008, July 7-10 in Houston, Texas
Wednesday, June 25 2008 9:21 AM, EST
Market Wire "US Press Releases "
DALLAS, TX -- (MARKET WIRE) -- 06/25/08 -- NewMarket Latin America, Inc. (PINKSHEETS: NLAI) today announced RKM IT Solutions' invitation to participate in Microsoft's Worldwide Partner Conference scheduled for July 7-10, 2008 in Houston, Texas . This conference will be instrumental in the NewMarket organization's efforts to transition its shorter-term contracts into long-term Managed Service contracts. The Company's parent recently announced RKM's new $4 million long-term contract with Movistar, a division of Telefonica. RKM is already a Microsoft Large Account Reseller and Enterprise Software Advisor (LAR/ESA) in Latin America. Mid-Market and corporate customers in Latin America seek out the services of LAR/ESA's when implementing large Microsoft-based IT projects. Through this partnership with Microsoft, RKM offers high volume licensing, specifically "Enterprise Agreement" (EA) and "Select" for companies with more than 250 PCs and support service to large enterprises and institutional customers.
The Worldwide Partner Conference will feature keynote presentations from Microsoft CEO Steven Ballmer, COO Kevin Turner as well as Nobel Laureate Muhammad Yunus, founder of the Grameen Bank and provides an opportunity for attendees to learn more about Microsoft's product innovations and business growth opportunities. Additionally, the conference connects thousands of Microsoft partners in one place for the purpose of exploring possible partnerships, allowing companies to expand both their product and service scope as well as their geographical reach.
$4 Million Managed Services Contract for Movistar
NewMarket Latin America's parent company, NewMarket Technology recently announced RKM IT Solutions' $4 million , three-year managed services contract with Movistar a division of Telefonica a major mobile phone provider in Latin America and Spain . Over the next three years, RKM will provide Microsoft Licensing and managed services to Movistar. The NewMarket family of companies is focused on turning short-term, project-based contracts into long-term managed services contracts to support their recurring revenue business.
NewMarket Latin America and RKM
NewMarket Latin America is in the process of consolidating RKM into the Company and being brought current with its reporting requirements in order to move back to the OTCBB. NewMarket Latin America is a U.S.-based company headquartered in Sao Paulo, Brazil , with operations being consolidated into the Company throughout Latin America, to make it a premier business intelligence and systems integration firm, representing technologies from leaders such as Microsoft and Oracle, which recently acquired Hyperion.
About RKM IT Solutions (www.rkmve.com)
RKM is a sixteen-year-old systems integration and IT outsourcing services firm recognized in Venezuela and throughout northern South America as a leading provider of mission critical voice, data and video network solutions, as well as systems integration and help desk support. Clients include the Top 50 international corporations in the country, as well as a strong presence in the Oil and Gas, Banking and Manufacturing industries.
RKM is also a regionally certified partner for Cisco Systems, Novell, Computer Associates , IBM, Hewlett-Packard, Systimax and Microsoft. RKM was awarded the 2003 Microsoft Infrastructure Solution of the Year in Venezuela and has been recognized as a Microsoft Gold Partner and now a Microsoft LAR/ESA partner.
The company is expanding its system integration and IT outsourcing services in the Caribbean, Colombia , Ecuador , Peru and Mexico .
About NewMarket Latin America, Inc. (www.newmarketlatinamerica.com)
NewMarket Latin America provides world-class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.
NewMarket Latin America delivers solutions to regional customers in addition to specializing in helping U.S. clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America.
NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 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 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 NewMarket'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, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
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Contact:
NewMarket Latin America, Inc.
Investor Relations
ir@newmarketlatinamerica.com
214-722-3065
www.newmarketlatinamerica.com
ZIXI (3.07) New Jersey Hospital Association Renews Exclusive Agreement With Zix Corporation After Successful Five Year Alliance
Wednesday, June 25 2008 9:20 AM, EST
PR Newswire "US Press Releases "
DALLAS , June 25 /PRNewswire-FirstCall/ -- Zix Corporation (ZixCorp(R)), (Nasdaq: ZIXI), the leader in hosted services for email encryption and e-prescribing, today announced that New Jersey Hospital Association (NJHA) has renewed its marketing agreement with ZixCorp as the exclusive, preferred provider of Email Encryption Service for its association. NJHA supports more than 100 hospitals and health systems in the state of New Jersey .
ZixCorp and NJHA originally signed an exclusive marketing agreement in 2003 and currently there are more than 57 hospitals in New Jersey that secure their email with ZixCorp. NJHA is also a ZixCorp customer and has been using the Company's Email Encryption Service for five years to communicate seamlessly with its association members and business partners. As a ZixCorp customer, NJHA instantly plugged into ZixDirectory(TM), the largest email encryption directory in the world with more than 11 million members, interconnecting a network of communities that use ZixCorp's Email Encryption Service to send and receive secure email. ZixDirectory connects all ZixCorp customers for seamless, transparent, and secure email. The ZixDirectory has now grown to include more than 1,000 hospitals, more than 30 Blues organizations, more than 600 financial institutions, the federal banking regulators, 19 state banking regulatory agencies and a growing number of federal, state and county governments.
"ZixCorp has proven itself as the dominant healthcare encryption service provider year after year and by all accounts is the standard for New Jersey ," said Guy P. Evans, vice president of business development for NJHA. "We have an obligation to offer our members proven technology for regulatory compliance and we are pleased to continue to offer our members and partners such a highly reliable and secure email encryption solution. ZixCorp's ability to provide instant, secure communication with our partners, employees and association customers through ZixDirectory is what makes them our preferred choice for Email Encryption."
About New Jersey Hospital Association
Headquartered in Princeton, N.J. , the New Jersey Hospital Association (http://www.njha.com) supports its 105 member hospitals through advocacy, education, data resources, and other services so they can continue their mission of providing affordable, accessible, and quality healthcare. Dedicated to quality improvements, NJHA has collaborated with federal and state governments, physician groups, consultants and others to address healthcare quality concerns. Additional efforts in the quality arena include continuing education, ongoing efforts in data collection, and benchmarking and the formation of a Quality Institute to continue developing member resources in quality improvement. For more information, please visit http://www.njha.com.
About Zix Corporation
ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies. For more information, visit http://www.zixcorp.com.
SOURCE Zix Corporation
HPLF (.49) HepaLife(TM) Develops New Liver Stem Cell Lines for Bioartificial Liver Device; Data Presented at Scientific Conferences
Wednesday, June 25 2008 9:15 AM, EST
Business Wire "US Press Releases "
BOSTON --(BUSINESS WIRE)--
HepaLife Technologies, Inc. (OTCBB: HPLF) (FWB: HL1) (WKN: 500625), today announced the development of two new derivative cell lines from the Company's patented PICM-19 liver stem cells for use in HepaLife's first-of-its-kind bioartificial liver device currently under development for the treatment of human liver failure.
"These two cell lines have unique and special functionalities, and make it possible to more closely model the function of the natural liver in our device than before," explained Mr. Frank Menzler, President and CEO of HepaLife Technologies, Inc. "These cell lines further enable us to progress more rapidly in our efforts to scale-up the manufacturing into larger-scale production of our cells, an important requirement for using the cells inside an artificial liver device."
Researchers presented initial data on the Company's new cell lines at the 6th Annual Meeting of International Society for Stem Cell Research in Philadelphia , PA and the 54th American Society of Internal Artificial Organs annual conference in San Francisco, CA , earlier this month.
The two immortalized unipotent porcine liver stem cell lines are: the 'PICM-19H', capable of differentiating exclusively into 'hepatocytes' or liver cells with the ability to express hepatocyte or liver-cell function; and, the 'PICM-19B,' capable of differentiating exclusively into bile duct cells with the ability to express bile duct cell function.
In ongoing tests, scientists have confirmed that HepaLife's PICM-19H cells favorably differentiate into hepatocytes as evidenced by their 'morphology', or form and structure. The PICM-19H also express the most important liver functions key to replicating the human liver, expressing hepatocyte functions such as Phase I (P450) and Phase II metabolic activity, serum protein synthesis, low gamma-glutamyl transpeptidase (GGT) activity, ammonia clearance and urea synthesis similar to primary adult cells. The cells have demonstrated the ability to successfully retain the highest levels of liver-specific metabolic activity over prolonged periods of time.
The PICM-19B cell line, which differentiates exclusively into functional bile duct cells (cholangiocytes) show that the cells form confluent (complete) cell monolayers in culture, are basolaterally polarized cells exhibiting basal membrane fluid transport, have high GGT activity and have greatly reduced serum protein production.
Intended for the treatment of liver failure, the HepaLife(TM) Bioartificial Liver device consists of three basic components: (1) a plasma filter, separating the patient's blood into blood plasma and blood cells; (2) the bioreactor, a unit filled with the patented PICM-19 liver stem cell line which biologically mimics the liver's function; and (3), the HepaDrive(TM), a perfusion system for pumping the patient's plasma through the bioreactor while controlling gas supply and temperature for best possible performance of the cells.
ABOUT HEPALIFE TECHNOLOGIES, INC.
Based in Boston, Massachusetts , HepaLife Technologies, Inc. (OTCBB: HPLF) (FWB: HL1) (WKN: 500625) is a developer of cell-based medical technologies addressing prevalent human health concerns.
HepaLife is developing the first-of-its-kind bioartificial liver device intended for the treatment of liver failure using the Company's patented PICM-19 liver stem cell line. The HepaLife(TM) bioartificial liver, currently under development, is designed to serve as a supportive device, either allowing the liver to regenerate upon acute liver failure, or to bridge the patient's liver functions until a transplant is available.
Utilizing its patented liver stem cell line PICM-19, HepaLife is designing testing platforms to improve the pharmaceutical industry's capability to evaluate drug toxicity and possible side-effects before pharmaceutical compounds are commercially distributed.
Any statements contained in this press release regarding our ongoing research and development and the results attained by us to-date have not been evaluated by the Food and Drug Administration .
For additional information, please visit www.hepalife.com.
To receive future press releases via email, please visit: http://www.hepalife.com/investor_alerts.php
To view the full HTML text of this release, please visit: http://www.hepalife.com/press_releases/20080625.html.php
Legal Notice Regarding Forward-Looking Statements
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. We currently have no commercial products intended to diagnose, treat, prevent or cure any disease. The statements contained in this press release regarding our on going research and development and the results attained by us to-date have not been evaluated by the Food and Drug Administration . There can be no assurance that further research and development, and /or whether clinical trial results, if any, will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that HepaLife will be able to develop commercially viable products on the basis of its technologies. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-Q and Form 10-K filings with the Securities and Exchange Commission . These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C . 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Source: HepaLife Technologies, Inc.
ORGC (.86) Organic Alliance Announces Intent to Expand Products as Study Indicates Organic Growth
Wednesday, June 25 2008 9:15 AM, EST
PR Newswire "US Press Releases "
SAN ANTONIO, Texas , June 25 /PRNewswire-FirstCall/ -- Today, Organic Alliance, Inc. (Pink Sheets: ORGC), in response to a recent study indicating that organic and healthy foods continue to be consumer imperatives despite a chilling economy, has announced that it will ramp up its efforts to expand in the lucrative organic marketplace. "This data confirms what we had been observing ourselves and emboldens our efforts to become a staple in the now-entrenched healthier foods arena. Oddly, the recession-like conditions have expressed to us how essential healthy foods are to the consumer by their continued sale despite increased pricing. We can only interpret this as a very bullish indicator," said Tom Morrison, Organic Alliance CEO.
"We're now looking to leverage our early successes with a broader footprint in this space, expanding and adding to the Organic Alliance business plan with synergistic opportunities and revenue potential," added Morrison.
About Organic Alliance
Organic Alliance intends to become one of the world's leading providers of USDA certified organic crops to many of the country's leading consumer package goods manufacturers, food processors, grocery, and retail restaurant chains. Organic Alliance sources top quality, safe tested and certified organic at the source -- prior to customer shipment utilizing USDA certification in conjunction with the in-house OAI Quality Team. Company CEO Tom Morrison was CEO of Superior Farming, formerly one of the largest corporate farms and organic farming operations in the world before being acquired by Sun World International and later Black Diamond Capital Management. Organic Alliance plans to open its Bakersfield, CA sales and marketing office in August 2008 .
For more information, please visit http://organicallianceinc.com/ or contact Sarahjane G. Reil at 210.826.8900
'Safe Harbor' Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements which address actual results could differ materially from those expressed or implied in forward-looking statements. These statements are made on the basis of management's views and assumptions. As a result, there can be no assurance that management's expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as management 'believes,' 'expects,' 'anticipates,' 'foresees,' 'forecasts,' 'estimates' or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
SOURCE Organic Alliance, Inc.
SFMI (.085) Silver Falcon Mining, Inc. (SFMI) Announces "Belle Peck" Discovery
Wednesday, June 25 2008 9:15 AM, EST
Market Wire "US Press Releases "
BRADENTON, FL -- (MARKET WIRE) -- 06/25/08 -- Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) announced the discovery of the "Belle Peck" adit on War Eagle Mountain.
The long-lost "Belle Peck" adit was rediscovered after 100-plus years of being lost due to avalanches, cave-ins and encroaching vegetation. The "Belle Peck" adit is one of two adits that lead horizontally to the world renowned "Poorman" silver mine, War Eagle Mountain, south of Boise, Idaho . The "Oso" adit, another important adit, has not yet been located and is presumed to be buried under 20-30 feet of overburden material.
The "Belle Peck" adit is the lower of the two adits leading to the "Poorman" silver mine, entering the "Poorman mine" at about the 800-foot depth level. The "Oso" adit enters the "Poorman" at about the 400-foot depth level.
Mr. Pierre Quilliam, President of Silver Falcon Mining, Inc. , said, "The discovery of the 'Belle Peck' adit is an exciting and major find for the Company. Silver Falcon is in the process of letting out contracts for the clearing of the overburden which prevents easy access to the rock face entrance to the mine. SFMI's onsite personnel has begun marking and preparing the site for excavation to reopen the 'Poorman Mine.' Noteworthy, the 'Poorman Mine' was the richest gold and silver mine in the world, having produced the biggest silver nugget (800lbs) in the world."
Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America .
Further Information contact Rich Kaiser, Investor Relations 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
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Investor Relations
Contact:
Rich Kaiser
800-631-8127
Company
941-761-7819
www.silverfalconmining.com
MPIX (.29) Mindpix Announces Production of Two-Part Television Special Featuring Four-Wheeling Adventures, Titled, "Slick Rock"
Wednesday, June 25 2008 9:15 AM, EST
Market Wire "US Press Releases "
OREM, UT -- (MARKET WIRE) -- 06/25/08 -- Mindpix Corporation (PINKSHEETS: MPIX), a Nevada Corporation , announces today that Mindpix Media (http://www.mindpix.com), dba firsTVision Entertainment, is in full production on "Slick Rock," a two part 60-minute television special about four-wheeling adventures in the Mecca of 4x4, Moab, Utah . A demo reel was presented and well received at the National Association of Television Producers and Executives (http://www.natpe.org) in February 2008 . The release date for the television series is September 30, 2008 , followed by international distribution of a 90-minute DVD.
ABOUT "SLICK ROCK"
Each year, thousands of four-wheeling enthusiasts, many of them entire families, rally to challenge the terrain of America's southwest, composed of awesomely steep ascents, glassy-slick rock ledges, bottomless drop-offs, squeezed-up-tight switchbacks, and enormous boulder gardens. All of which test the driving, mechanical, physical, and mental stamina of these eager participants. No question about it, "SLICK ROCK" also presents an unmatched adrenaline rush for the viewer.
Here, in this red rock desert, awaits a Mecca of thrilling adventure. Defined by John Wayne as "THE West," this country is the center of spacious vistas, deep canyons, petrified sandstone dunes and towering red cliffs under a sun-drenched deep blue sky. Hikers, mountain bikers and especially four-wheel enthusiasts come back again and again, beckoned by this seemingly endless landscape of grandeur in the land of the naked sun.
Young and old, men and women from around the planet come to test their skills and stamina on these tortuously winding Jeep trails which were originally carved out by miners looking for precious minerals. Here is the new wealth for hearty seekers of pure adventure, on trails with names such as Cliff Hanger, Poison Spider, Gold Bar Rim, Elephant Hill and the infamous Lion's Back, among the hundreds of miles of fantastic trails that weave in and out of public lands and span two major national parks.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
CONTACT:
David R. Ballif
MINDPIX CORPORATION
(801) 765-1123
Email Contact
OBAS (1.594) Optibase Announces Completion of a Private Issuance to Tom Wyler
Wednesday, June 25 2008 9:17 AM, EST
Business Wire "US Press Releases "
HERZLIYA, Israel --(BUSINESS WIRE)--
Optibase Ltd. (NASDAQ:OBAS), a leader in advanced digital video solutions, announced today that following the receipt of the approval of the Company's shareholders on June 18, 2008 , the Company had completed today a private issuance of 2,816,901 ordinary shares of the Company to Mr. Shlomo (Tom) Wyler, the Company's President, Chief Executive Officer and Executive Chairman of the Board of Directors, in consideration for US$5 million .
Following the private issuance, Mr. Wyler will hold approximately 31.60% of the Company's issued and outstanding share capital.
About Optibase
Optibase provides professional encoding, decoding, video server upload and streaming solutions for telecom operators, service providers, broadcasters and content creators. The company's platforms enable the creation, broadband streaming and playback of high quality digital video. Optibase's breadth of product offerings are used in applications, such as: video over DSL/Fiber networks, post production for the broadcast and cables industries, archiving; high-end surveillance, distance learning; and business television. Headquartered in Israel , Optibase operates through its fully owned subsidiary in Mountain View, California and offices in, Japan , China , India and Singapore . Optibase products are marketed in over 40 countries through a combination of direct sales, independent distributors, system integrators and OEM partners. For further information, please visit www.optibase.com.
This press release contains forward-looking statements concerning our marketing and operations plans. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management's current expectations which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, risks related to the video technologies market in general, and the evolving IPTV market in particular, competition, our ability to manage growth and expansion, general economic conditions and other risk factors. For a more detailed discussion of these and other risks that may cause actual results to differ from the forward looking statements in this news release, please refer to Optibase's most recent annual report on Form 20-F. The Company does not undertake any obligation to update forward-looking statements made herein.
This release and prior releases are available on the Company's Web site at www.optibase.com.
This release and prior releases are also available on the KCSA Public Relations Worldwide Web site at www.kcsa.com.
Source: Optibase Ltd.
COMS (2.40) 3Com Enhances Secure Mobility for SMBs and Enterprises with New Business-Class Wireless Networking Portfolio
Wednesday, June 25 2008 9:17 AM, EST
Business Wire "US Press Releases "
MARLBOROUGH, Mass.--(BUSINESS WIRE)--
3Com Corporation is significantly enhancing its secure mobility solutions for small- and medium-sized businesses (SMB) and enterprises with a new portfolio of robust, easy-to use, business-class wireless products that deliver increased speed, range and capacity along with 3Com's advanced security, ease-of-use and flexible deployment. These new products, ranging from Power over Ethernet (PoE) access points to routers to adapters, enable business people to work and communicate more efficiently and productively on a wireless network than ever before.
3Com's new mobility solutions are based on the emerging 802.11n international wireless standard and deliver clear business benefits at a low total cost of ownership to organizations of all types and sizes:
-- Faster transmission speeds: Enhance collaboration by giving
workers quicker access to information, which boosts
productivity. This is especially true for high-bandwidth
applications, such as broadcast-quality video and rich-media
collaborative tools.
-- Superior performance: Wireless devices can maintain a strong
connection to the network at longer distances from the nearest
access point. This increases user mobility, especially in
large areas, such as warehouses.
-- Higher capacity: Ensure comprehensive wireless coverage for
more users with fewer access points, which reduces costs,
simplifies deployment and makes the network easier to manage.
"3Com is delivering the industry's broadest portfolio of business-class wireless solutions that meet the secure mobility needs of SMBs and larger enterprises," said Jeff Gatto, vice president, 3Com small and medium business. "Business people need to communicate and collaborate from anywhere in the workplace, as well as from remote locations, such as hot spots. Our new products make this easier than ever by providing users with wireless access that delivers the high performance and security that used to be possible only on a wired network. These new products are Wi-Fi certified to interoperate with all existing Wi-Fi certified products, which protects customers' capital investments."
3Com's new products also deliver the high level of security that is a hallmark of 3Com's wireless portfolio. They use the latest encryption techniques and support multiple service set identifiers (SSID) and virtual wireless local area networks, which enable the secure separation of different groups of wireless users, such as teachers from students and employees from guests to protect an organization's private data.
"3Com has been our preferred networking vendor for many years, so we are eager to deploy their new 11n wireless products - especially in our remote offices - because we know we'll receive the quality and reliability we need to ensure business productivity and effective communications," said Alec Ondrusek, director of technology for Names and Numbers, a Kansas -based publisher of telephone directories.
New Products
The new business-class wireless products from 3Com are:
-- 3Com(R) AP3950 - A centrally controlled dual-radio PoE
enterprise access point that provides simultaneous 11n
performance in the 2.4GHz and 5GHz bands. It works with 3Com's
existing Wireless Mobility System controllers and switches.
Customers with 3Com maintenance service contracts receive a
free 11n software update on each covered product.
-- 3Com AirConnect(R) 9550 - A dual-radio PoE access point for
SMBs that provides simultaneous operation in 2.4GHz and 5GHz
11n bands.
-- 3Com AirConnect 9150 - A single-radio stand-alone managed PoE
access point that delivers 11n 2.4GHz connections.
-- 3Com ADSL Wireless 11n Firewall Router and 3Com Wireless 11n
Cable/DSL Firewall Router - Each has a 4-port Ethernet LAN
switch, so wired and wireless users can share one connection.
With built-in security features such as VPN
initiation/termination, they are optimized for use in branch
and remote offices, small businesses and by telecommuters.
Wireless connectivity can be turned off at the touch of a
button when not needed, reducing energy use and enhancing
security.
-- 3Com Wireless 11n PCI Adapter and USB Adapter - 2.4GHz client
cards enable devices without built-in 802.11n support to
connect to the wireless network. They are ideal for business
travelers who want the same level of wireless connectivity at
hot spots that they have in their office.
Service and Support
3Com backs its business-class wireless products with a broad range of service and support capabilities, including:
-- Wireless LAN site survey - A precursor to a successful
wireless deployment, should the customer or 3Com partner
require assistance;
-- Wireless implementation service - A highly skilled 3Com
consultant will deploy your wireless network; and
-- Suite of maintenance service contracts - Post-sales support to
ensure maximum return on customers' investment in 3Com
products and solutions.
A Reseller's Perspective
"3Com has delivered a very strong portfolio of wireless products that will be very appealing to my customers," said Peter Salvia, president of voice and data VAR Alternative Solutions in Massachusetts . "In particular, I am very enthusiastic about the AirConnect AP9550 access point, which has the features my small- and medium-sized business customers want at a price that fits their budgets. Customers who are heavy users of video, for example, will be extremely pleased with the speed and bandwidth of 3Com's 11n products. Deployment will be easy for my technicians because the new products use the same intuitive user interface as previous 3Com wireless products, which eliminates any learning curve."
Commitment to "Green Networking"
3Com's industry leadership in "green networking" is reflected in these new wireless products. All 11n access points support the 802.3af standard, which minimizes the power required to operate the devices. This makes them easy to deploy by eliminating the need for separate electrical outlets for each access point and consumes less electricity than most comparable products. This dedication to delivering green products enables 3Com customers to save money on network operations while contributing to a better environment.
Pricing and Availability
Product North America Expected North
List Price America Availability
--------------------------------- -------------- ---------------------
11n USB and PCI Adapters $89 (USB) Available now
$109 (PCI)
AirConnect 9550 11n Access Point $499 July 1, 2008
AirConnect 9150 11n Access Point $299 July 1, 2008
AP3950 Enterprise Access Point $1,299 Mid-July 2008
11n Cable/DSL Firewall Router $109 Early August 2008
11n ADSL Firewall Router $149 Mid-August 2008
About 3Com Corporation
3Com Corporation (NASDAQ: COMS) is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. 3Com offers a broad line of innovative products backed by world class sales, service and support, which excel at delivering business value for its customers. 3Com also includes H3C Technologies Co., Limited (H3C), a China -based provider of network infrastructure products. H3C brings high-performance, cost-effective product development and a strong footprint in one of the world's most dynamic markets. H3C holds the #1 market share position in China for enterprise stackable switch ports and router units, according to leading IT market research and advisory firm IDC. 3Com also is the clear #2 vendor worldwide in total Ethernet switching port shipments, enterprise router units, and small- and medium-business (SMB) switching. Through its TippingPoint division, 3Com is a leading provider of network-based intrusion prevention systems that deliver in-depth application protection, infrastructure protection, and performance protection. For further information, please visit www.3com.com, or the press site www.3com.com/pressbox.
Copyright (C) 2008 3Com Corporation. 3Com, the 3Com logo, H3C, TippingPoint and AirConnect are registered trademarks or trademarks of 3Com Corporation or its wholly owned subsidiaries. All other company and product names may be trademarks of their respective holders.
Source: 3Com Corporation
Nice pickup!
lol, I tried too and got nothing