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NEWS OUT!Accesskey IP to Unveil Open Internet Broadcasting Technology and Set Top Box at National Association of Broadcasters
New Technology Challenges Other Content Delivery Methods
Release Source: AccessKey IP, Inc. On Tuesday March 30, 2010, 9:30 am
ALBUQUERQUE, NM--(Marketwire - 03/30/10) - AccessKey IP, Inc. (OTC.BB:AKYI - News), developer, designer and producer of advanced entertainment and communication devices, will be presenting their Internet Protocol Television (IPTV) Security Technology at the prestigious NAB convention at the Las Vegas Convention Center April 12-15, 2010.
"This is the biggest event in the history of the Company," said Bruce Palmer, AccessKey IP President. "Our patent pending technology securely allows the distribution of live real-time streaming of premium high definition content and video on demand over the open internet. This project has been in development for over two years and I'm proud to announce its launch."
"Our technology provides for secure identification using government level security. We include our detailed forensic watermarking via Verimatrix that makes it nearly impossible to duplicate content without providing a trail back to the source. The Set Top Box can be configured as a straight IPTV box, or a hybrid box combined with either digital terrestrial, satellite reception or cable along with IPTV and has stereo, composite, S-Video, component and HDMI outputs. With the recent introductions of so many set top boxes into the marketplace, it's our technology that is unique; the STB is not the key. We modified our USB device and technology to have the versatility to be adapted to work with most Internet-ready set-top boxes. Manufacturers are considering building a STB into their televisions in which case our technology can be built in as well."
"We will be demonstrating our new technology with one of our strategic partners, IPWorldTV, in their booth located in Hall S4, booth SU9004 across the aisle from AT&T and Verizon. The NAB show attracts industry professionals and is universally recognized as the ultimate summit of next-generation technology announcements as well as a collaboration of ideas, information and insight as to the future of technology and its day-to-day applications."
In conjunction with the IPWorldTV delivery system, AccessKey IP will display high definition live content streaming delivered securely by AKYI technology. "We are anxious to begin collaborating with our new technology partners to bring this cutting-edge hardware device and technology to market," said Palmer.
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey™ products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home™ and portable flash drive-sized AccessKey PC™ allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs.
Please visit the Company's websites http://www.accesskeyip.com/, http://www.teknocreations.com/
NEWS OUT!!Evolution Resources Signs Testing Services Agreement With North Carolina State University
Press Release Source: Evolution Resources, Inc. On Wednesday January 13, 2010, 9:20 am
CLARKSDALE, Miss., Jan. 13 /PRNewswire-FirstCall/ -- Evolution Resources, Inc. (OTC Bulletin Board: EVLN) (the "Company") an advanced biofuels production company focused on the production of cellulosic ethanol using the latest in modern processes and technologies, today announced the signing of a Testing Services Agreement (the "Agreement") with North Carolina State University ("NCSU").
Under the terms of the Agreement, NCSU's Department of Wood and Paper Science will work with the Company to test and improve existing laboratory-scale technology within a larger pilot-scale system. The technology involves enzymatic carbohydrate conversion of woody biomass to fermentable sugars.
North Carolina State's Department of Wood and Paper Science has produced engineers, scientists, technologists, and management professionals in the forest products industry for over fifty years, and is considered to be one of the leading educational institutions for this sector in the country.
Evolution Resources is currently focusing its efforts of certain proposed projects that if successfully implemented and completed, will leverage existing assets and infrastructure to significantly shorten the time frame required to establish commercial scale cellulosic ethanol and biodiesel production facilities and "repurpose" certain industrial operations to provide the key biomass components.
About Evolution Resources, Inc.
Evolution Resources, Inc. (OTCBB: EVLN) is a renewable energy company focused on the production of cellulosic ethanol transportation fuels. Presently, the company is pursuing certain proposed projects that will leverage existing distressed assets and infrastructure in the Southeast and Northwest. The Company's management team shares key members with Evolution Fuels (Pink Sheets: EVFN), which recently announced a dividend of EVLN stock to its shareholders as detailed in a press release issued by Evolution Fuels on November 27, 2009. For additional information on Evolution Resources, please visit its corporate website: www.evoresources.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
NEWS OUT!!!Evolution Resources Announces Core Project Details
Progress Now Underway with Acquisition of Liquafaction Corporation and its Existing Ethanol Facilities and Equipment
DALLAS, Dec 01, 2009 (BUSINESS WIRE) -- Evolution Resources, Inc. (OTCBB: EVLN) (the "Company"), an advanced biofuels production company focused on the production of cellulosic ethanol using the latest in modern processes and technologies, today provides investors with details on its core projects:
Evolution Resources is currently focusing its efforts of certain proposed projects that if successfully implemented and completed, will leverage existing assets and infrastructure to significantly shorten the time frame required to establish commercial scale cellulosic ethanol and biodiesel production facilities and "repurpose" certain industrial operations to provide the key biomass components.
The projects that the Company is pursuing include the following:
1) Development of a 350,000 to 4 million gallon per year (mmgy) cellulosic ethanol production facility located in an area with a large availability of straw biomass in the Moses Lake, Washington area. The project is attractive as the initial cellulosic facility due to the fact that the site for a proposed facility has existing ethanol components and equipment, initial design work for the project has already been completed, and certain permits for ethanol production formerly existed at the site. These elements, combined with the goal of engineering and constructing a relatively small commercial scale production facility, provide the potential to complete the project and bring it online in as little as seven months from initial construction.
2) Development of a 60 mmgy cellulosic ethanol production facility to be located adjacent to an existing wood pulping facility. The project will leverage the existing pulping assets for the handling of large quantities of wood biomass and the capability to produce pulp cellulose, and will utilize a proprietary technology to convert the cellulose to fermentable sugars. The Company is currently analyzing opportunities and is in discussions for the "repurposing" of certain pulp mills for the production of cellulosic ethanol.
Although the Company is in negotiations with the owners of various pulp mills relating to this project, it has not yet executed any definitive agreements to acquire, or secure access to, the land and facilities involved that would be necessary to develop this project.
Evolution has completed the acquisition of Liquafaction Corporation that will allow the Company to pursue the 350,000 to 4 million gallon per year cellulosic ethanol project described above, which is located in Moses Lake, WA, an area that contains a high concentration of wheat straw. This project will be relatively small in scope and will make use of existing assets at the location that were at one time used for producing ethanol from corn and barley feedstocks. Accordingly, Evolution envisions this project as an ideal pilot project for future commercial scale cellulosic ethanol projects in that the time to engineer and construct the site will be relatively short so that the cellulosic technologies may be vetted on the order of months, rather than years.
Evolution has applied for a $1 million loan from the state of Washington through its Energy Efficiency and Renewable Energy Loan and Grant Program. Evolution has subsequently learned that that it has been selected as a recipient of the loan, and is now in the process of finalizing the loan contract with the Washington State Economic Development office.
Evolution Resources is aggressively pursing projects that meet the criteria of the 60 mmgy cellulosic ethanol production facility, which is described in the second topic above. The current areas of focus for this project are in the Southeast, particularly the Mid-South Mississippi Delta region, which is rich in biomass, with a significant opportunity for economic development and growth built around a new biomass production and processing industry, as well as the Pacific Northwest, similarly rich in biomass with opportunities for economic development and growth.
The comprehensive transportation and logistics infrastructure of the Delta Region is a significant strength for development of a robust bioprocessing project. The rivers, ports, roads and rail systems are sufficient to support a sizable facility. In addition, the refined product pipelines give the area a strategic advantage for the potential blending and export of liquid biofuels.
Abundant resources within the Mid-South Mississippi Delta make cellulosic biomass processing a key technology for the region. In fact, if the region increased production of dedicated energy crops on 10% of current cropland, it would equate to over 59.0 million tons of cellulosic biomass per year and make the region a net exporter of liquid transportation fuel. Due to these rich biomass resources, the Mid-South Delta's local and state governments are actively positioning themselves to attract bioprocessing technology investments in the region.
"The flexibility of plant biomass, combined with significant advances in modern cellulosic technology, is driving us toward the use of ethanol as a cost effective additive and possible replacement to petroleum based energy solutions," said Dennis McLaughlin, CEO of Evolution Resources. "Our focus on the Northwest and Southeast for our project locations is based on their significant biomass availability, local governmental and industrial support, as well as strong economic synergies we can realize with the regions. As further details of our projects unfold, we look forward to informing our loyal shareholder base."
For additional details on the biomass capabilities of the Mid-South Mississippi Delta region, please refer to the report: "Regional Strategy for Biobased Products in the Mississippi Delta" available using the following link: http://www.agbioworks.org.
About Evolution Resources, Inc.
Evolution Resources, Inc. (OTCBB: EVLN) is a renewable energy company focused on the production of cellulosic ethanol transportation fuels. Presently, the company is pursuing certain proposed projects that will leverage existing distressed assets and infrastructure in the Southeast and Northwest. The management team shares key members with Evolution Fuels (Pink Sheets: EVFN), which recently announced a dividend of two million shares of EVLN stock to its current shareholders as of the record date of January 8, 2010. For additional information on Evolution Resources, please visit its corporate website: www.evoresources.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Evolution Fuels Provides Recap of Stock Dividends
Press Release
Source: Evolution Fuels, Inc.
On 1:05 pm EST, Monday November 30, 2009
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Companies:Evolution Resources, Inc.Southwest Resources
DALLAS--(BUSINESS WIRE)--Evolution Fuels, Inc. (Pink Sheets: EVFN - News) (the “Company”) today provided an update and a recap of the recently announced dividends of common stock the Company holds in certain publicly traded companies.
SWRS Dividend
The record date for the previously announced dividend of Southwest Resources, Inc. (Pink Sheets: SWRS - News) has been extended from November 30, 2009 to December 31, 2009.
Any shareholders of the Company owning more than 1,000 shares of Evolution Fuels common stock as of the record date of December 31, 2009 shall receive a proportionate share of the one million five hundred thousand (1.5 million) shares of SWRS common stock to be distributed. The current market price of SWRC common stock is $0.10 per share. These dividend shares will be “restricted” as defined in the Securities Act of 1933. Rule 144 allows for the public resale of restricted securities only if certain holding period and other conditions are satisfied. For non-affiliates of the SWRS, the holding period is six months.
Southwest Resources expects to publish its Initial Company Information and Disclosure Statement and current financial statements to the Pink Sheets website and achieve the tier ranking of “Current Information” prior to December 31, 2009.
Southwest Resources, Inc. is focused on the exploration, development, and production of natural resources, primarily in the southwest region of the United States. The natural resources contemplated include oil and natural gas, specialty gases, and precious metals.
EVLN Dividend
Any shareholders of the Company owning more than 1,000 shares of Evolution Fuels common stock as of the record date of January 8, 2010 shall receive a proportionate share of the total two million (2.0 million) shares of Evolution Resources, Inc. (OTCBB: EVLN - News) common stock distributed. The current market price of EVLN common stock is $4.00. These dividend shares will be “restricted” as defined in the Securities Act of 1933. Rule 144 allows for the public resale of restricted securities only if certain holding period and other conditions are satisfied. For non-affiliates of the EVLN, the holding period is six months.
Evolution Resources (EVLN) is an advanced biofuels production company focused on combining the latest in cellulosic process technologies with existing biomass assets for the production of cellulosic ethanol. Evolution Fuels will distribute 100% its ownership of Evolution Resources common stock pursuant to the dividend.
EVFN Dividend
The additional dividend of Evolution Fuels common stock will be performed on a simple 1-1 basis, whereby any shareholders owning at least one share of Evolution Fuels common stock as of the record date of February 23, 2010 shall receive an equivalent number of newly issued shares. These dividend shares will be “restricted” as defined in the Securities Act of 1933. Rule 144 allows for the public resale of restricted securities only if certain holding period and other conditions are satisfied. For non-affiliates of the Company, the holding period is six months.
About Southwest Resources, Inc.
Southwest Resources, Inc. (Pink Sheets: SWRS - News) is focused on the exploration, development, and production of natural resources, primarily in the southwest region of the United States. The natural resources contemplated include oil and natural gas, specialty gases, and precious metals.
About Evolution Resources, Inc.
Evolution Resources, Inc. (OTCBB: EVLN - News) is a renewable energy company focused on the production of cellulosic ethanol and biodiesel transportation fuels. Presently, the company is perusing certain proposed projects that will leverage existing distressed assets and infrastructure in the Southeast and Northwest. The management team shares key members with Evolution Fuels (Pink Sheets: EVFN - News), which recently announced a disbursement of two million shares of EVLN stock that was held on its books to its current shareholders in the form of a dividend. For additional information on Evolution Resources, please visit its corporate website: www.evoresources.com.
About Evolution Fuels, Inc.
Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company’s plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of “Evolution Fuels”-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie’s Place Truck Stop in Carl’s Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain “forward-looking statements” within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company’s expected future business and financial performance, and often contain words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “seeks,” “will,” and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the “safe harbor” provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company’s anticipated results, projections, or other expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Evolution Fuels Releases Corporate Profile on Evolution Resources Pursuant to Recent Dividend and Stock Split
Profile Provides Overview of Business Plan and Growth Initiatives for 2009 and Beyond
Press Release
Source: Evolution Fuels, Inc.
On 10:45 am EST, Monday November 30, 2009
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DALLAS--(BUSINESS WIRE)--Evolution Fuels, Inc. (Pink Sheets: EVFN - News) today releases a corporate profile on Evolution Resources (OTCBB:EVLN - News) pursuant to the recently announced stock split and dividend, whereby two million shares of EVLN stock will be disbursed to current shareholders of Evolution Fuels in the form of a dividend. The profile provides an overview of Evolution Resources and its growth initiatives going forward:
Evolution Resources is a development stage company focused on the advancement of the production of advanced biofuels such as cellulosic ethanol. Evolution Resources' business plan contains certain proposed projects, that if successfully implemented and completed, will leverage existing assets and infrastructure to significantly shorten the time frame required to establish commercial scale cellulosic ethanol production facilities and to "repurpose" certain existing industrial operations that already manage huge quantities of biomass feedstocks.
Historically, ethanol has been produced mostly from sugars or starches, obtained from sources like sugar cane and corn. In contrast, cellulosic ethanol is produced from cellulose, the main component of wood, straw and much of the structure of plants. A significant advantage of cellulosic ethanol is that cellulose does not compete with the production of food stuffs, and many sources of cellulose, such as forestry residues, waste paper and municipal solid waste, are often available at relatively low cost, or are even free, in relatively abundant supply.
Once produced from its biomass components, ethanol contains 35% oxygen by weight in its finished form. When combined with gasoline, it acts as an oxygenate, artificially introducing oxygen into gasoline and raising oxygen concentration in the combustion mixture with air. As a result, the gasoline burns more completely and releases less unburnt hydrocarbons, carbon monoxide and other harmful exhaust emissions into the atmosphere. Evolution Resources considers the use of ethanol as an automotive fuel an effective way to reduce harmful automobile exhaust emissions.
In addition to the advantages of ethanol as a fuel, Evolution Resources believes the renewable energy sector is in a unique position. The American Recovery and Reinvestment Act of 2009 has allotted $787 billion that must be spent according to specific guidelines. One of its main objectives includes the goal to preserve/create jobs while promoting economic recovery, and to invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits.
Due to the decline in the general economy, which hit the renewable energy industry particularly hard, Evolution Resources has researched and discovered a number of financially troubled opportunities that could enable the Company to potentially acquire these assets at extremely attractive prices, with the potential of a significant increase in value when the economy returns and the demand for energy increases.
Evolution Resources has researched and discovered a number of key opportunities, primarily in the Northwestern and Southeastern United States. The Company's management believes it can repurpose and upgrade the assets acquired at a significant discount. The team is also in a position to test new technologies and to provide renewable energy at a cost competitive price. New grant and low interest loan programs are available from the Federal and State agencies that were allocated stimulus money to revitalize and expand the renewable energy industry. These programs allow significant leveraging of the equity dollars by matching these dollars with grants on at least a one-for-one basis.
In the areas it has concentrated its search, Evolution Resources has garnered significant governmental support. Economic conditions in several of these regions have deteriorated to the extent that changes in certain industrial sectors are critical for the livelihood of many of the towns and cities. Evolution Resources is actively engaged with state and local governments, as well as regional economic development authorities, who are assisting with the development of the Company's project plans.
Evolution Resources' management team has spent the last four years working in the renewable fuels industry and through this experience has identified these opportunities in biofuels production. Evolution Resources is lead by Dennis G. McLaughlin, its Chief Executive Officer and Chairman of the Board. Known as an entrepreneur and a biofuels energy industry leader, Mr. McLaughlin has guided a number of mergers and acquisitions while teaming with seasoned managers and investors to create value in a rapidly developing business arena.
Mr. McLaughlin and the core members at Evolution Resources are assembling a team of industry experts to advise and assist the Company's management as the project plans are developed. The team already includes members from the scientific, financial, legal, and government policy communities who are all well experienced in the field of renewable fuels.
"We represent a true paradigm shift in the biofuels arena," said Mr. McLaughlin. "We are looking to create a viable renewable energy model based on cellulosic ethanol and biodiesel technology that is highly scalable in nature and can deliver the type of cost savings required for broad adoption by consumers. We look forward to providing the public with more information about Evolution Resources, including investor-facing assets such as investor fact sheets and corporate overview videos, which will be announced as soon as they are available."
For more information on Evolution Resources, please refer to the company's recently filed Form 10-K filed with the SEC, which is available on the SEC.gov website.
About Evolution Resources, Inc.
Evolution Resources, Inc. (OTCBB: EVLN - News) is a renewable energy company focused on the production of cellulosic ethanol and biodiesel transportation fuels. Presently, the company is perusing certain proposed projects that will leverage existing distressed assets and infrastructure in the Southeast and Northwest. The management team shares key members with Evolution Fuels (Pink Sheets: EVFN - News), which recently announced a disbursement of two million shares of EVLN stock that was held on its books to its current shareholders in the form of a dividend. For additional information on Evolution Resources, please visit its corporate website: www.evoresources.com.
About Evolution Fuels, Inc.
Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company’s plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of “Evolution Fuels”-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie’s Place Truck Stop in Carl’s Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain “forward-looking statements” within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company’s expected future business and financial performance, and often contain words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “seeks,” “will,” and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the “safe harbor” provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company’s anticipated results, projections, or other expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Evolution Resources Reports Financial Results for Fiscal Year 2009
Company Acquires Liquafaction Corporation and Over $15 Million Worth of Facilities and Equipment to Develop Cellulosic Ethanol Production
Press Release
Source: Evolution Resources, Inc.
On 9:20 am EST, Monday November 30, 2009
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Companies:Evolution Resources, Inc.
DALLAS, Nov. 30, 2009 (GLOBE NEWSWIRE) -- Evolution Resources, Inc. (OTCBB:EVLN - News) (the "Company") an advanced biofuels production company focused on the production of cellulosic ethanol and biodiesel using the latest in modern processes and technologies, today reports financial results for the period from April 9, 2009 (Inception) to October 31, 200
A pending dividend of Evolution Resources' common stock held by Evolution Fuels, Inc. (Pink Sheets:EVFN - News) to shareholders of Evolution Fuels was announced last Friday, November 27, 2009
As a development stage company, net income from inception through October 31, 2009 was $5.3 million, primarily from an extraordinary gain of $10.3 million relating to the Liquafaction Corporation ("Liquafaction") acquisition. Loss per common share from continuing operations was $0.29. Net income per common share from the extraordinary gain on acquisition was $0.59. Net income per common share was $0.30.
Evolution Resources completed the acquisition of Liquafaction on July 14, 2009, which included existing ethanol components and equipment worth over $15 million. The Company plans to develop this existing infrastructure into a 4 million gallon per year (mmgy) cellulosic ethanol production facility.
"This facility, located in Moses Lake, Washington, is attractive due to its existing ethanol components and equipment and its close proximity to the area's large availability of straw biomass, which will be used as the raw material for the cellulosic production," said Dennis McLaughlin CEO of Evolution Resources. "Since initial design work for the project has already been completed and certain permits for ethanol production already exist at the facility, we estimate we can be online in as little as seven months from initial construction."
Fiscal Year 2009 Developments
On July 14, 2009, Evolution completed the Liquafaction acquisition, which included a total of approximately $15.7 million of facilities and equipment. Of this amount, $5.2 million is not needed for the completion of the cellulosic ethanol facility and will be classified as excess equipment held for sale.
On August 17, 2009, in conjunction with the acquisition of Liquafaction, Evolution applied for a grant/loan provided by the Washington State Department of Commerce. The Company applied for the grant in order to assist funding efforts toward its planned cellulosic ethanol project located in Moses Lake.
"Although the purchase of Moses Lake facility is an important aspect of our initial cellulosic ethanol development, it represents a relatively small prelude to our grander vision of developing a 60 million gallon per year production facility to be located adjacent to a wood pulping operation," said Mr. McLaughlin.
Historically, ethanol has been produced mostly from sugars or starches, obtained from sources like sugar cane and corn. In contrast, cellulosic ethanol is obtained from cellulose, the main component of wood, straw and much of the structure of plants. A significant advantage of cellulosic ethanol is that cellulose does not compete with the production of food stuffs, and many sources of cellulose, such as forestry residues, waste paper and municipal solid waste, are often available for relatively low cost, or are even free.
Due to the decline in general economy, which hit the renewable energy industry particularly hard, Evolution Resources has researched and discovered a number of financially troubled opportunities that could enable the Company to potentially acquire these assets at extremely attractive prices, with the potential of a significant increase in value when the economy returns and the demand for energy increases.
Mr. McLaughlin concluded, "We are concentrating a majority of our efforts for large scale cellulosic ethanol and biodiesel production projects in the Mississippi and Louisiana Delta area, where we have garnered significant governmental support from these two states. The team assembled at Evolution Resources is extremely excited about our potential to repurpose large scale facilities for various biofuels at extremely attractive prices and we look forward to keeping our shareholders informed of our future opportunities and developments."
About Evolution Resources, Inc.
Evolution Resources, Inc. is a renewable energy company focused on the production of cellulosic ethanol and biodiesel transportation fuels. Presently, the company is perusing certain proposed projects that will leverage existing distressed assets and infrastructure in Washington, Mississippi and the Louisiana Delta area. The Company's website, www.evoresources.com, provides more information on Evolution Resources.
Forward-Looking Statements Disclosur
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
0.0228*0.032
NEWS OUT!!
TeknoCreations Offers Direct Purchasing Through New Web Store
Press Release
Source: AccessKey IP
On 11:00 am EST, Wednesday November 18, 2009
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Companies:Accesskey Ip, Inc.
ALBUQUERQUE, N.M., Nov. 18, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc.'s (OTCBB:AKYI - News) subsidiary, TeknoCreations, today announced the launch of the much-anticipated eStore next week to offer products direct to our customers.
In our efforts to increase our brand awareness and best serve the needs of the U.S. market, TeknoCreations is happy to announce the opening of the company web store. We know that many consumers prefer to buy direct from manufacturers and TeknoCreations wants to make that option available.
In addition, the web store will offer factory refurbished products, when available. These products are in excellent condition and are fully functional with savings to the consumers for comparable brand-new products.
Management plans to add social networking as an additional method to increase company and brand awareness and to promote the launch of its eStore. We expect this will help drive traffic to its new portal and help build company awareness.
This will be the last planned major change/upgrade to our current website as we will be rolling out a new combined AccessKey IP and TeknoCreations website next year to bring both companies together under one roof in an effort to best cross-promote, build and support both brands.
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
NEWS OUT!!W2 Energy Initiates Funding Process for Clean Energy Projects
Press Release
Source: W2 Energy Inc.
On 8:51 am EST, Monday November 16, 2009
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Companies:W2 Energy New
TORONTO--(Marketwire - 11/16/09) - W2 Energy, a clean energy company (www.w2energy.com) (Pinksheets:WTWO - News), is pleased to announce that on October 30, 2009, W2 Energy applied for an Innovative Clean Energy Fund (ICE Fund) grant from the Government of British Columbia, to help finance a waste-to-energy plant in Trail, British Columbia.
Toxco, Inc. (www.toxco.com), one of W2 Energy's partners and also one of the largest battery recyclers in North America, is located in Trail, British Columbia.
This grant if approved will help pay for the operation of a waste-to-energy plant which will take battery waste from Toxco's 70,000 square foot facility in Trail. W2 Energy is currently seeking additional feedstock for this plant, as Toxco only has 2 tons per day of waste to contribute, and a larger plant is more profitable. More information about this grant program is available at: http://www.tted.gov.bc.ca/ICEFund/CurrentCall/Pages/default.aspx.
On Friday, November 6, 2009, W2 Energy applied for another grant, the Alternative Fuel Incentive Grant from the State of Pennsylvania. This grant, if approved, will help pay for a small coal-to-energy plant in the Pittsburgh, Pennsylvania region.
More information about this grant through the Pennsylvania State Department of Environmental Protection is available at http://www.depweb.state.pa.us/enintech/cwp/view.asp?a=1412&q=502176.
On the most recent episode of Forbes.com online technology show Breakout!, available online at http://video.forbes.com/fvn/breakout/a-landfill-eliminator, W2 Energy management discussed its Letter of Intent with the City of Laurel, Maryland to take their municipal solid waste and turn it into green energy.
W2 Energy has already met with environmental officials of the State of Maryland and has another meeting planned in the next week in order to gain environmental approval to place a waste-to-energy plant in Laurel.
Remember that with a W2 Energy waste to energy plant garbage becomes a Renewable Resource.
W2 Energy trades in the United States on the OTC under the symbol "WTWO." For further information, please contact Mike McLaren at (519) 341 3185 or www.w2energy.com.
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and filings with regulatory bodies.
NEWS OUT!!AccessKey IP, Inc. Develops and Employs a Conservative Yet Ambitious Strategy in Response to Changes in Global Economy
A Proactive Approach and a Return to Traditional Financing Practices in Response to Lower Consumer Spending
Press Release
Source: AccessKey IP, Inc.
On 9:00 am EST, Thursday November 12, 2009
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Companies:Accesskey Ip, Inc.
ALBUQUERQUE, NM--(Marketwire - 11/12/09) - AccessKey IP, Inc. (OTC.BB:AKYI - News), the developer, designer and producer of advanced entertainment and communication devices, today announces a dramatic, yet financially sound restructuring to best guarantee a healthy return in investment for its investors and shareholders.
It is no secret the financial climate and formerly accepted standard protocols have permanently and dramatically changed in order to stay in step with changing times. With capital and funding sources all but drying up, a paradigm shift in buying habits in the retail segment in general has presented the business community with challenges they had never dreamed would ever be realized.
Recent research data suggests the general trend among retailers is one of skepticism. An industry-wide reluctance to issue purchase orders, and a reliance on vendors to maintain inventories will remain the norm if this trend continues. Previous to the recent economic downturn, purchase orders from retailers were leveraged to finance production. As opposed to architecting a financial position that could financially jeopardize company stability in the event orders fail to materialize, the Company is approaching this coming holiday season in a conservative manner. Our penetration into the US retail market has been a challenge; however, based on recent activities, 2010's numbers are expected to improve significantly.
As a safeguard and to avoid resting the Company's financial health in the hands of a volatile economy AccessKey and TeknoCreations have invested extensively in research and development. For instance, the much anticipated set-top box technology is complete and as the middleware components are finalized, the Company is confident it will enjoy a significant and recurring revenue stream from its joint venture with CSI Digital.
Approvals from major content providers to utilize open Internet broadcasting for IPTV initiatives are being pursued to provide significant opportunities within this emerging industry, now only in its infancy. Discussions are also underway with manufacturers exploring the opportunity to integrate proprietary patented technologies into a variety of new products. Additionally, talks with several major studios and postproduction facilities are ongoing with regard to the IPTV technology and security.
TeknoCreations continues to develop innovative consumer electronics products and is devoting a large portion of its energy to concentrate efforts on products that have large consumer base acceptance. The finalization of all Apple licensed iPhone TekCase and similar BlackBerry TekCase products will prove to be a cornerstone in the New Year as they continue to perform as strong consumer categories. Current products, the InCharge inductive charging solutions, DSi and DS Lite TekCases, and our new mini KeyBoard will continue to be vigorously marketed.
In a turbulent economic climate along with dramatic changes in consumer spending habits, it is of paramount importance in knowing which decisions will best benefit the Company. We strongly believe a more conservative financial attitude for the end of 2009 will facilitate a more aggressive approach as the economy continues to rebound in 2010 and will realize significant revenue with greater profitability and increased shareholder value.
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
NEWS OUT!!New Features on Evolution Fuels Website
Press Release
Source: Evolution Fuels, Inc.
On 11:28 am EST, Monday November 9, 2009
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Companies:Evolution Fuels, Inc.
DALLAS, Nov. 9, 2009 (GLOBE NEWSWIRE) -- Evolution Fuels, Inc. (Pink Sheets:EVFL - News) (the "Company") today announced new features on its website, www.evolution-fuels.com, in order to help fulfill the Company's vision of the site as a renewable fuels information destination.
The Blog section has been enhanced to allow interactive content in the form of comment posts to the blog articles. Additionally, links to the Company's Twitter and Facebook accounts have been established.
The Evolution Fuels website currently experiences approximately 9,000 unique visits per month. Management stated that it intends to continue to bring awareness to the emerging renewable fuels industry through its website, Internet-based social networks such as Facebook and Twitter, and through partnerships with entities such as Informa Economics and Big Star Informative Media, a subsidiary of Big Star Media Group, Inc (Pink Sheets:BMGI - News).
Informa Economics is a world leader in broad-based domestic and international agricultural, energy, and commodity/product market research, analysis, evaluation and consulting, headquartered in Memphis, Tennessee. Big Star Informative Media was formed to provide public relations messages to targeted audiences via a variety of digital and electronic means.
About Evolution Fuels, Inc.
The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
30-Jun-99--31-Mar-99
10 YEARS TO LATE??
NEWS OUT!!AccessKey IP/TeknoCreations Announce TekCase for Blackberry
New Technology Allows for User-Friendly Protection and Ease of Charging for Hand-Held Devices
Press Release
Source: AccessKey IP
On 9:30 am EDT, Thursday October 22, 2009
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Companies:AccessKey IP, Inc.
ALBUQUERQUE, N.M., Oct. 22, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc., (OTCBB:AKYI - News) TeknoCreations, a subsidiary of AKYI, today announced the introduction of eight (8) new TekCase products. The new product lines are for use with the ubiquitous Blackberry line of Smartphone's. RIM (Research In Motion), one of the most successful business phone manufacturers in the world. Users will soon have access to either the TekCase for Blackberry or the InCharge TekCase for Blackberry utilizing our patent pending inductive charging solution. The first models for development include the Curve, Bold, Storm and Tour.
Craig Erickson, VP of Technology for TeknoCreations describes the new products:
"The TekCase for Blackberry will be utilizing TeknoCreations lithium polymer technology in a supple lambskin leather two-piece case that will both surround and protect the Blackberry and more than double its battery operational time. The TekCase line comes equipped with removable belt clips and a USB AC adaptor to allow users to charge other USB devices without the inconvenience of carrying additional cumbersome power supply units. The technology is designed with protective charging circuitry that monitors temperature, short circuiting and overcharging. Both lightweight and attractive, the TekCase for Blackberry will allow users to keep their phones safely protected within their TekCases while charging or synchronizing.
The InCharge TekCase for Blackberry is a new extension of the InCharge product line. It provides the convenience of contactless and cable free inductive charging without the inconvenience of plugging and unplugging cables. As with all TekCases, fine high-quality lambskin is used with all models. There is no need to remove the Blackberry from the TekCase as synchronization is done while in the case. The TekCase comes with two auto-aligning inductive bases. Simply place your Blackberry in the InCharge TekCase and place it onto the Auto-Aligning Inductive Base (AAIB) and your Blackberry will begin charging. The gel pad-footed AAIB assures your Blackberry will securely rest on any surface without the worry of slippage. The unit is designed for both personal and professional use so keeping one at home and one at work, you will never have to untangle cables or search for the right charger. The TekCase is ready to go out of the box, no complicated setup is required. High performance inductive designs handle the charge rates of the Blackberry efficiently and without the need for contacts or connector cables. The slim inductive design is extremely lightweight and attractive."
Bruce Palmer, company President stated, "Our business plan has always been to enhance the consumer's experience with their favorite electronics product while at the same time expanding on our product lines to provide problem-solving solutions for popular high-tech devices. Beginning with these popular models, we will continue to expand our product lines to make our offerings attractive to retailers and of course consumers. Product availability will be based on yet-to-be announced partnerships, strategic alliances and license agreements currently under negotiation."
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
UT!!
AccessKey/TeknoCreations Announce Ramp Up for TekCase for Apple iPhone
Press Release
Source: AccessKey IP
On 11:39 am EDT, Tuesday October 20, 2009
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Companies:AccessKey IP, Inc.
ALBUQUERQUE, N.M., Oct. 20, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc., (OTCBB:AKYI - News), the developer, designer and producer of advanced entertainment and communication devices, announced today that as expected, TeknoCreations has met the stringent testing requirements for its latest product, the TekCase designed for use with the iPhone.
Craig Erickson, VP of Technology, stated, "Tooling can begin, and with final approval, the TekCase can be put into production. The Apple licensing process is a very important milestone in the growth of the company and having one of the largest corporate entities in the world behind you will provide greater opportunities. Our sales team will be meeting with The Apple Store and other retailers to introduce this exciting technology. We look forward to adding to our relationship with Apple in developing future innovative products and giving us the opportunity to expand our branded product lines to a larger target base and other manufacturers' platforms."
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary, TeknoCreations, was founded to participate in the explosive growth of Consumer Electronics. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
NEWS OUT!!AccessKey IP, Inc. Announces Funding Transaction
Press Release
Source: AccessKey IP
On 9:30 am EDT, Thursday October 15, 2009
ALBUQUERQUE, N.M., Oct. 15, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc., (OTCBB:AKYI - News) the developer, designer and producer of advanced entertainment and communication devices, announced today that it has entered into a long term financing agreement.
Bruce Palmer, President of AccessKey IP, stated, "Under the terms of the transaction, an investment capital group is providing financing to the company utilizing company stock as collateral. The transaction provides for up to $300,000 with an annual interest at a rate of 4.99% for three years. Although these shares are actually issued, per the terms of the agreement, they represent collateral only, to be bought back at the end of the three year note term. The increase to authorized shares, recently completed, gives the company the needed 'currency' and the ability to attract creative financing opportunities."
Palmer further stated, "We are negotiating a similar transaction which will allow us to completely eliminate and replace existing notes. These notes were signed with a statement objecting to the onerous interest rates and an agreement to renegotiate, which to date has not happened. This new transaction will have an immediate impact on our balance sheet by eliminating some contingent and derivative liabilities, as well as the bottom line. Finally, this will allow the company to get out from under the legacy debt and predatory lenders we have had to deal with."
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
AccessKey IP President Issues Letter to Stockholders
Press Release
Source: AccessKey IP
On 8:00 am EDT, Tuesday October 13, 2009
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Companies:AccessKey IP, Inc.
ALBUQUERQUE, N.M., Oct. 13, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc. (OTCBB:AKYI - News), issued the following statements today which reads as follows:
In the consumer electronics sector certain aspects of the business model can have a critical impact on the success of any business. In most cases, the key is competitive advantage, either technologically or in time to market, which creates brand awareness and in turn creates market share.
AKYI/TeknoCreations has developed proprietary patented technology, which will launch a number of potentially market changing products. Before we can do so and be assured of our ability to bring these products to market with the level of production and distribution support required, we have had to re-evaluate our business model. In particular, we have had to review our financial strategy in light of changes to terms being thrust upon us by our existing and potential larger corporate retail clients.
In today's economy no one has to explain that funding and careful step by step progressions must be done in a methodical manner and with great caution. There are areas of expansion that are in need of R&D funding. In anticipation of this, we have increased the numbers of authorized shares that we may issue if and when such funding is required in the future. This will be done only and if the issuance of more shares is in the best interest of the company and will achieve the desired financial outcome. It is not the Board's intention to issue these authorized shares at this time or in the immediate future. It is however, the Board's intention to explore all avenues that will take us from where we are today to greater sales and increased profitability. Our investors should keep in mind that these are authorized shares and not issued shares.
Despite the difficult current economic climate, AKYI/TeknoCreations has continued to aggressively invest in the design and development of new products. We are currently negotiating strategic alliances to build on our existing capability for product manufacture, sales and distribution. These alliances when completed will substantially increase our production and sales capability without diluting or changing our ownership. We have also actively and intelligently expanded our product line offerings and will shortly make these public. I anticipate much excitement when this information is released.
The management of this company is hands-on and you may be assured that we are acutely aware of the stock price since 'uplisting', as well as corporate debt ratios. We believe that our actions will be in the company's best interest and establish AKYI/TeknoCreations as a successful and profitable business. The actions and requirements of the retailers in this economy have made us change the ways in which we can interact with the market and we are responding. We are moving with these changes to have the most positive impact for the company and our shareholders.
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
LLEG: looking good,post 17340
NEWS OUT!!AccessKey IP/TeknoCreations Announces First Product License
Press Release
Source: AccessKey IP
On 8:00 am EDT, Wednesday October 7, 2009
ALBUQUERQUE, N.M., Oct. 7, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc.'s (OTCBB:AKYI - News) subsidiary, TeknoCreations, announced today that they are now licensed by Apple Inc. and their first licensed product will be for the iPhone 3G and 3GS, and when shipped it will be in Apple's "works with iPhone" program.
This product will be in the TekCase family and will be the first in the line to be made from high quality fine leather. It will ship with a universal USB wall charger, USB sync cable and has a removable belt clip. The universal USB wall charger not only charges the TekCase and the iPhone, it also can be used to charge other standard USB peripherals. The advanced lithium polymer battery protection circuitry protects against short circuits, oversees the correct charging level of the batteries, monitors the temperature and protects from over charging. It allows users to sync their iPhone still in the case. An on/off switch will allow users to decide when they want to use the extra power. The TekCase uses a very powerful lightweight lithium polymer battery to double the use time of the iPhone. The TekCase is ultra portable and is less than three ounces including the removable belt clip.
Craig Erickson, VP Technology commented, "We are excited to have the approval on our license and to have the ability to work with Apple in the future on other licensed products.
"What we have received so far, is the approval from Apple for the licensing. The product itself requires final approval by Apple. Independent testing by an Apple authorized laboratory for RF (radio frequency) testing is scheduled for Friday, October 16th. This testing is to confirm that there is no degradation or loss of signal, which could affect reception. For final approval we are required to send Apple two production sample units.
"We plan to use our Apple license as a stepping stone to help us acquire licenses from other leading manufacturers in the consumer electronics industry. Having a licensed product also will help TeknoCreations become a recognizable brand in the consumer electronics marketplace."
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
NEWS OUT SpongeTech® Delivery Systems, Inc. Announces Trademark Infringement Lawsuit Against Spongetech, Inc.
Press Release
Source: SpongeTech® Delivery Systems, Inc.
On Monday October 5, 2009, 9:30 am EDT
Companies:SpongeTech Delivery Systems, Inc.
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. (the “Company”) “The Smarter Sponge™”, (OTCBB: SPNGE - News), today announced that the Company has filed a trademark infringement lawsuit against Spongetech, Inc. ("STI") in the United States District Court for the Southern District of New York. The complaint alleges California-based company, STI knowingly and willfully appropriated the Company's trademark "SpongeTech®" and solicited business specifically in New York under the Company's trademark. In addition, the lawsuit alleges that STI's CEO made statements to the New York Post that defamed the Company, as a result, injuring the Company's reputation and exposing the Company to public hatred, contempt, ridicule, and/or degradation.
The Company is seeking permanent injunction barring STI from using the Company's trademark, including such items as labels, signs, packaging, advertising and promotional material with the use of "SpongeTech®". The Company is also seeking any profits derived from STI’s use of the Company's trademark as well as award damages to the Company for injury to its reputation caused by STI’s defamatory statements.
CEO Michael Metter states, “While we have made numerous attempts to settle this amicably with STI in the past, recent actions by STI have resulted us to seek legal actions. We feel it is important to ensure that our customers and potential customers are not confused by STI abusing our legally protected trademark and to restore our reputation to the public.”
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge™ .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended May 31, 2008 and the Company's Quarterly Report on Form 10-Q for the third fiscal quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
NEWS OUT SpongeTech® Delivery Systems, Inc. Announces Trademark Infringement Lawsuit Against Spongetech, Inc.
Press Release
Source: SpongeTech® Delivery Systems, Inc.
On Monday October 5, 2009, 9:30 am EDT
Companies:SpongeTech Delivery Systems, Inc.
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. (the “Company”) “The Smarter Sponge™”, (OTCBB: SPNGE - News), today announced that the Company has filed a trademark infringement lawsuit against Spongetech, Inc. ("STI") in the United States District Court for the Southern District of New York. The complaint alleges California-based company, STI knowingly and willfully appropriated the Company's trademark "SpongeTech®" and solicited business specifically in New York under the Company's trademark. In addition, the lawsuit alleges that STI's CEO made statements to the New York Post that defamed the Company, as a result, injuring the Company's reputation and exposing the Company to public hatred, contempt, ridicule, and/or degradation.
The Company is seeking permanent injunction barring STI from using the Company's trademark, including such items as labels, signs, packaging, advertising and promotional material with the use of "SpongeTech®". The Company is also seeking any profits derived from STI’s use of the Company's trademark as well as award damages to the Company for injury to its reputation caused by STI’s defamatory statements.
CEO Michael Metter states, “While we have made numerous attempts to settle this amicably with STI in the past, recent actions by STI have resulted us to seek legal actions. We feel it is important to ensure that our customers and potential customers are not confused by STI abusing our legally protected trademark and to restore our reputation to the public.”
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge™ .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended May 31, 2008 and the Company's Quarterly Report on Form 10-Q for the third fiscal quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
lleg for me plz
NEWS OUT!Evolution Fuels Appoints New Chief Financial Officer
Press Release
Source: Evolution Fuels, Inc.
On Wednesday September 30, 2009, 9:28 am EDT
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Companies:Evolution Fuels, Inc.
DALLAS, Sept. 30, 2009 (GLOBE NEWSWIRE) -- Evolution Fuels, Inc. (Pink Sheets:EVFL - News) (the "Company") today announced the appointment of Mr. David Farmer as its new Chief Financial Officer.
"We are pleased to have an experienced financial executive as David join our team," said Dennis McLaughlin, CEO of Evolution Fuels. "His strong background will be a tremendous asset to the Company."
Mr. Farmer has over 35 years experience in public accounting as well as the financial services industry. His experience includes SEC reporting, strategic corporate planning, mergers and acquisitions, banking, regulatory compliance, and commercial real estate development.
Mr. Farmer has provided consulting services for the past three years, which have involved SEC reporting, acquisitions due diligence and negotiations, and capital raises. From 2003 to 2007 he was Founder, President, and Chief Executive Officer for Equity Bank, which grew from $25 million in assets to $250 million in assets over a three-year period. From 1993 to 2003, Mr. Farmer served in several senior level positions for various banking and real estate companies in such capacities as Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer. Throughout his career he has demonstrated a consistent ability to accomplish corporate goals and establish high performance standards.
About Evolution Fuels, Inc.
The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels" -- branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "foresees," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions
NEWS OUT!AccessKey STB IPTV Distribution Technology Initiatives
Press Release
Source: AccessKey IP
On Tuesday September 29, 2009, 9:00 am EDT
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Companies:AccessKey IP, Inc.
ALBUQUERQUE, N.M., Sept. 29, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc. (OTCBB:AKYI - News), the developer, designer and producer of advanced entertainment and communication devices, announced today an update to its Set Top Box and AccessKey technologies marketing.
The Company has engaged an outside Consultant who has over 15 years experience dealing with the major studios and manufacturers (as well as peripherals) and has relationships with technical management at these same studios. He will assist in the following initiatives: to interest major consumer electronics manufacturers in AKYI technologies for applications in computers, gaming systems and next generation television sets, and to promote the use of AKYI conditional access technology to content distributors for the secure distribution of high-value content over the internet. It is obvious even to the casual observer that having control over the high value content built directly into the consumer electronics hardware (TVs, computers, etc.) will give that manufacturer a leg up over the competition when it comes to starting their own digital backbone for content distribution. Cutting edge technology for tomorrow's demands today.
Bruce Palmer, AccessKey IP's President, stated, "Later this year, a number of next generation television sets will hit the market from major manufacturers like Sony, Panasonic, Samsung and others that will be Internet capable. To fully exploit the potential of these new products through Open Internet Broadcasting (OIB), content distribution must be absolutely secure. Our AccessKey technology will enable this by providing an inexpensive 'spoof proof' security solution for content distribution, thus enabling new revenue streams through secure high-value content distribution over broadband. In addition, this technology will also find important applications in content creation by providing secure transport and handling of production dailies and pre-release content.
We will be conducting practical technology demonstrations in follow-up and initial meetings with a number of leading post production companies and studios in the coming months to further determine potential in this area. Palmer continued to say, "We're excited about these new initiatives and look forward to establishing meaningful working relationships with both content creators and consumer electronics manufacturers. These relationships should firmly establish AKYI as an important player in the exploding IPTV industry. We are excited to see the interest that they are taking in our technology and will be working closely with them to provide solutions that work for them."
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
JUNIPER Chosen to Begin Major Launch of 4G Network in Philadelphia
Press Release
Source: JUNIPER GROUP, INC.
On Wednesday September 23, 2009, 9:43 am EDT
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Companies:Juniper Group Inc.
BOCA RATON, Fla.--(BUSINESS WIRE)--JUNIPER Group announced today that is wholly-owned telecommunications subsidiary has been chosen to begin a major launch of a 4G network in the Philadelphia market. Being named to this project is a direct consequence of the signing of a Master Service Agreement with one of the country’s leading wireless tower owners and operators, with over 25,000 wireless and broadband sites in its portfolio, both here and abroad. This project also includes the build-out of pre-WIMAX equipment, which precedes the network upgrades to 4G. Crews have already been deployed, and the work has commenced.
Vlado P. Hreljanovic, President and CEO said, “It is an enormous feather in the cap of a young, growing company to be asked to be part of an undertaking of this size. It once again reflects the diligence, skill, loyalty and work ethic of both our crews and management. Client satisfaction in the work product and safety arenas is, and will continue to be, our pledge to our customers.
SAFE HARBOR STATEMENT
This press release may contain 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. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expansion of the telecommunications industry and Ryan Pierce’s role in the industry. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk factors discussed in the Business and Management’s Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
GetFugu Names Derek Norton Chief Operating Officer
Press Release
Source: GetFugu, Inc.
On Wednesday September 23, 2009, 8:00 am EDT
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Companies:GetFugu, Inc.
LOS ANGELES, Sept. 23, 2009 (GLOBE NEWSWIRE) -- GetFugu, Inc. (OTCBB:GFGU - News) www.getfugu.com, the revolutionary new method of accessing the Internet through mobile phones, has appointed Derek Norton Chief Operating Officer, the Company announced today.
Norton is the founder and Managing Partner of Watertower Group, an industry-leading boutique investment bank, and the Managing General Partner of the Watertower Early Opportunity Fund, a seed and early stage venture capital fund.
"We are delighted to welcome Derek Norton to our team," commented Bernard Stoler, GetFugu's CEO. "Derek is an accomplished entrepreneur and venture capitalist, with over 19 years of business building and executive management experience in the technology, internet and media industries."
"GetFugu has revolutionary technology that will change the way consumers interface with the Internet on their mobile phones," Norton said. "I'm pleased to be part of this new venture."
Norton was previously an investment professional at Entertainment Media Ventures, a $120 million seed and early stage venture capital fund focused on investments in broadband infrastructure, consumer internet and digital media sectors, having led investments in Kassena, Matchcraft and Relegence, among others, and earlier, was with Entertainment Media Ventures, a Michael Milken-backed seed and early stage venture capital fund located in Los Angeles.
Norton founded Jeffries Technologies and Digital Boardwalk, a provider of web based service solutions to traditional businesses and new media business ventures. As Netscape's second commercial partner, Digital Boardwalk was a pioneer in the provisioning of Internet technologies, e-commerce development, and marketing solutions to a wide range of companies and industries. Clients included CBS SportsLine, eToys, Office Max, Hughes Global Services, News Corp., and Hewlett Packard. Jeffries grew to become one of Inc. Magazine's 500 fastest growing privately held U.S. companies, providing network enterprise architecture and systems integration to Global 2000 businesses.
Getfugu premiered its four unique "See It," vision recognition (ARL) "Say It," voice recognition (VRL) "Find It," location recognition (GRL) and "Get It," Hot-Spotting services on 09/09/09, and is swiftly deploying it around the world.
Click here to visit the GetFugu social media newsroom.
About GetFugu:
GetFugu, Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones' core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
Disclaimer
Some statements contained herein may contain so-called "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. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made herein. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and GetFugu undertakes no obligation to update such statements. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities.
AccessKey IP Highlights Set Top Box System
Press Release
Source: AccessKey IP
On Wednesday September 23, 2009, 7:00 am EDT
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Companies:AccessKey IP, Inc.
ALBUQUERQUE, N.M., Sept. 23, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc. (OTCBB:AKYI - News), the developer, designer and producer of advanced entertainment and communication devices, detailed today some of the highlights and technical developments of their set top box project
AKYI Vice President of Technology Craig Erickson stated, "We have pioneered solutions and cutting edge technology for tomorrow's demands. The system that we have developed is unique in the IPTV industry and exists nowhere else. AKYI's Set Top Box (STB) combined with our secure, patent pending USB conditional access key will take IPTV delivery to the next security level and also enable STB type operations on your PC." According to Erickson, "This system combination does not rely solely upon MAC & IP addressing, which can be spoofed (faked). Instead, it uses 1024bit RSA intercommunication and unique key IDs for user verification, supplanting the conventional reliance on MAC+IP address for user ID. It also enables forensic watermarking to be embedded in each user stream, using specific AKYI key IDs for added content security. Our conditional access keys provide a virtual 'lockbox,' over and above any current content distribution system in use today."
According to Erickson, AKYI's low cost, hardened security, USB AccessKey provides all the security advantages of the STB, including watermarking, but on a PC. When inserting the USB AccessKey into a PC, it auto-installs all of the software necessary to enable access to secured content services, assuming a valid account. "Because of this, we believe our security solution will prove attractive to content distributors looking to venture into Open Internet Broadcasting (OIB) with first run or early release content," said Erickson. "Since user ID cannot be faked, and ultimate control over the security key is with the content provider, the last hole in the security dyke has been effectively plugged."
Erickson concluded by saying, "In addition to the retail sales potential of AKYI's USB key, we believe the ultimate application of this technology is through its integration into an array of current and upcoming consumer electronics products capable of Internet access. The potential to build worldwide content subscriber bases is there, assuming cooperative industry alliances. With that goal in mind, we are currently pursuing collaborative discussion with a number of consumer electronics manufacturers and content distributors."
About AccessKey IP, Inc.
AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's websites www.accesskeyip.com, www.teknocreations.com
GFGU: Breaking out
GFGU NEWS OUT!GetFugu Application Launches for Apple iPhone
The GetFugu Mobile Search Tool Redefines How Users Interact With Their Mobile Phones
Press Release
SAN FRANCISCO, Sept. 11, 2009 (GLOBE NEWSWIRE) -- GetFugu, Inc., (OTCBB:GFGU - News) (www.getfugu.com), the technology company introducing the next generation mobile search tool, announced today the launch of its GetFugu application designed for Apple iPhone. GetFugu recently announced its launch on the Android(TM) mobile phone platforms.
GetFugu's revolutionary new mobile technology, "See It," "Say It," "Find It," and "Get It," application integrates mobile phones' core strengths into a single search tool giving users content they want instantly. The free application will be available beginning today in the Apple App Store, and will also roll out to BlackBerry and J2ME platforms in the 4th quarter.
GetFugu will transform the way consumers and marketers connect. GetFugu's vision recognition (ARL), voice recognition (VRL), location recognition (GRL) and hot-spotting technologies are targeted at consumers who are frustrated by their mobile phone keyboards. Users who download the application can take a picture of a logo with their iPhone and access information from advertisers and marketers by clicking on the logo of the brand on their screens. This will take them directly to the company's website, bypassing traditional search engines, to retrieve content. GetFugu users can also speak a word into the phone and get direct connection to information and keyword searches. The GetFugu application also features a hot-spotting technology, which allows users to touch a particular item in a video and be taken to the company's website, where they can make purchases directly on their mobiles.
"This application is designed to connect consumers with the content they want quickly and conveniently," stated Rich Jenkins, GetFugu's Vice President for Development. "The technology, while spectacular, remains a function of the search and is almost invisible to the consumer." "GetFugu being available on the Apple iPhone is a significant highpoint for the company as well as consumers who own iPhones," said Bernard Stolar, GetFugu's CEO. "Apple continually paves the way for new innovations and we are excited to offer our unique technology to the Apple community, who will be impressed and excited by GetFugu's capabilities."
Through GetFugu, brands can now reach the consumer directly and tailor campaigns to desired consumer actions (i.e. an enticement for an in-store visit, such as a coupon). Marketers can effortlessly create high-impact campaigns using existing collateral and can alter their messaging quickly based on GetFugu's tangible and quantifiable metrics. GetFugu will shortly roll out several high profile advertising partners as many of the world's most powerful consumer brands have signed on to be a part of the GetFugu network.
About
GetFugu, Inc.: GetFugu, Inc., based in San Francisco, California, is the next generation mobile search tool and e-commerce application. Mobile phones with GetFugu installed provide consumers and marketers with a completely new experience offering the simplest and most convenient means to retrieve information. Designed to play up the mobile phone's key strengths, GetFugu integrates the mobile phones' core functions (image, voice, and location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide. For more information, visit GetFugu.com.
NEWS OUT!GetFugu and Health Matrix in $5 Million Licensing Deal
Press Release
Source: GetFugu, Inc.
On Thursday September 10, 2009, 9:30 am EDT
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Companies:GetFugu, Inc.
SAN FRANCISCO, Sept. 10, 2009 (GLOBE NEWSWIRE) -- GetFugu, Inc. (OTCBB:GFGU - News), www.getfugu.com, the revolutionary new method of accessing the Internet through mobile phones, revealed today that Health Matrix, http://www.healthmatrix.net, a provider of the latest interactive technology linking health care providers, insurance and pharmaceutical companies, employers and consumers has licensed specially-customized technology from GetFugu that will bring the technology company $5 million in pre-launch revenue. The announcement was made today by Bernard Stolar, GetFugu's CEO, and Dr. M. Kharazmir, CEO of Health Matrix.
Health Matrix has engaged GetFugu to deploy its innovative suite of health care solutions through GetFugu's unique interactive platform. Health Matrix provides solutions to reduce and optimize overall health care cost, while targeting physicians, who are among the earliest adopters of smart phones and PDAs, medical providers, employers, and consumers seeking the latest information on drugs and medical services. "After evaluating many systems for our complex needs, we are happy to finally structure a deal with GetFugu, the only turnkey technology that is appropriate for the medial services we provide."
Physicians can click on or say a product name to immediately access information about a drug, request samples, see interactions with other drugs and go immediately to a manufacturer's website. Consumers can use GetFugu's apps to immediately locate a pharmacy, obtain discount coupons, access a network of 500,000 medical providers at discounted rates or locate a doctor specializing in any condition. With some 950,000 healthcare providers in a revenue sharing arrangement with GetFugu, the Company is projecting $20M revenue in year three, with only a 3% adoption rate. Pharmaceutical companies participating at the same rate, predict a gross revenue figure of an additional $75M.
Mobile advertising is projected to grow from $421 million in the U.S. in 2006, to $4.7 billion in 2011, with over 10 million adults using their smart phones to look up medical information each year.
GetFugu premiered its four unique "See It," vision recognition (ARL) "Say It," voice recognition (VRL) "Find It," location recognition (GRL) and "Get It," Hot-Spotting services at GigaOM's Mobilize 09 conference and trade show in San Francisco, on 09/09/09, and will swiftly deploy it around the world thereafter.
About GetFugu:
GetFugu, Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones' core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
About Health Matrix:
Health Matrix is located is at 720 Paularino, Suite 202, Costa Mesa, CA 92626. 1-877-470-Heal. Contact: Ross Casabonne - ross1@moreimpressions.com
NEWS OUT!!GetFugu and Health Matrix in $5 Million Licensing Deal
Press Release
Source: GetFugu, Inc.
On Thursday September 10, 2009, 9:30 am EDT
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Companies:GetFugu, Inc.
SAN FRANCISCO, Sept. 10, 2009 (GLOBE NEWSWIRE) -- GetFugu, Inc. (OTCBB:GFGU - News), www.getfugu.com, the revolutionary new method of accessing the Internet through mobile phones, revealed today that Health Matrix, http://www.healthmatrix.net, a provider of the latest interactive technology linking health care providers, insurance and pharmaceutical companies, employers and consumers has licensed specially-customized technology from GetFugu that will bring the technology company $5 million in pre-launch revenue. The announcement was made today by Bernard Stolar, GetFugu's CEO, and Dr. M. Kharazmir, CEO of Health Matrix.
Health Matrix has engaged GetFugu to deploy its innovative suite of health care solutions through GetFugu's unique interactive platform. Health Matrix provides solutions to reduce and optimize overall health care cost, while targeting physicians, who are among the earliest adopters of smart phones and PDAs, medical providers, employers, and consumers seeking the latest information on drugs and medical services. "After evaluating many systems for our complex needs, we are happy to finally structure a deal with GetFugu, the only turnkey technology that is appropriate for the medial services we provide."
Physicians can click on or say a product name to immediately access information about a drug, request samples, see interactions with other drugs and go immediately to a manufacturer's website. Consumers can use GetFugu's apps to immediately locate a pharmacy, obtain discount coupons, access a network of 500,000 medical providers at discounted rates or locate a doctor specializing in any condition. With some 950,000 healthcare providers in a revenue sharing arrangement with GetFugu, the Company is projecting $20M revenue in year three, with only a 3% adoption rate. Pharmaceutical companies participating at the same rate, predict a gross revenue figure of an additional $75M.
Mobile advertising is projected to grow from $421 million in the U.S. in 2006, to $4.7 billion in 2011, with over 10 million adults using their smart phones to look up medical information each year.
GetFugu premiered its four unique "See It," vision recognition (ARL) "Say It," voice recognition (VRL) "Find It," location recognition (GRL) and "Get It," Hot-Spotting services at GigaOM's Mobilize 09 conference and trade show in San Francisco, on 09/09/09, and will swiftly deploy it around the world thereafter.
About GetFugu:
GetFugu, Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones' core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
About Health Matrix:
Health Matrix is located is at 720 Paularino, Suite 202, Costa Mesa, CA 92626. 1-877-470-Heal. Contact: Ross Casabonne - ross1@moreimpressions.com
NEWS OUT!W2 Energy Updates Its Shareholders -- Garbage: The Renewable Resource With Reserves That Never Deplete
Press Release
Source: W2 Energy Inc.
On Tuesday September 8, 2009, 2:56 pm EDT
Buzz up! 0 Print
TORONTO--(Marketwire - 09/08/09) - W2 Energy, Inc. (Pinksheets:WTWO - News), a developer of green energy, continues to take a very aggressive approach to expanding its product line. Garbage is like gold. Gold is considered the only real currency that can retain value. But gold reserves are becoming depleted worldwide. Garbage is in fact a renewable resource that maintains its value like gold and is never depleted. Garbage reserves continue to increase and are a huge benefit to anyone with a W2 Energy plant. Ultimately it is a very strong currency, when you have a W2 Energy waste to energy plant, because W2 Energy has the technology that works. The products produced by the W2 Energy plants will always be in demand. The W2 Energy Plant cleans up the environment and reduces CO2 emissions because it is a closed system. W2 Energy develops products that are targeted at small scale, low cost energy solutions that are affordable while protecting the environment. Large scale projects create huge environmental footsteps with high risk and high cost. No one knows for sure if the benefits of large scale projects out weigh the negative effects.
W2 Energy will continue with its business plan of developing small scale, low cost energy solutions while the Company continues to build a strong foundation. Think about garbage for what it is -- a commodity that has been ignored but has great value.
W2 Energy trades in the United States on the OTC under the symbol "WTWO." For further information, please contact Mike McLaren at (519) 341 3185 or www.w2energy.com.
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and filings with regulatory bodies