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MSITF Medical Service International Inc. is pleased to announce that it will
begin shipping into another Middle East country starting March 1, 2006. The
Company has received an initial order to begin shipping the VScan HIV test kit
into Egypt. The initial order will be shipped on March 1, 2006. This is
expected to be the first of many orders that will be shipped to Egypt.
Since participating in the medical show in Dubai, the Company has received
numerous requests for information about its test kits, particularly the VScan
HIV test kit and has received orders that it started shipping last week. Egypt
is the fourth Middle East country that has placed and paid for an order to be
shipped since the medical show in Dubai. The Company also continues to
receive additional orders from its distributor in Nigeria. New orders to
Nigeria are being shipped the first week in March 2006.
The VScan HIV rapid test kit has established a reputation as being
accurate, fast, and easy to use. It has shown many times that it out performs
all other rapid test kits when it comes to use in remote areas using whole
blood. It does not require trained medical personnel or medical facilities. It
detects the first antigen formed after HIV infection, IgM which is detectable
in the blood within 2 to 11 days of infection. Other test kits only detect the
IgG antigen which is not detectable in the blood for 180 days. By this time,
the immune system has been compromised and the antiviral drugs do not work as
well or greater dosages are required which results in additional or
significantly more severe side effects.
About VScan
The VScan rapid test kit is a single use, disposable, accurate, cost
effective, easy to use, test for the screening of HIV1&2, Hepatitis B&C,
Tuberculosis (TB), Dengue Fever, West Nile, Syphilis, Malaria and Prostate
Cancer. The kits cannot be sold in Canada.
Medical Services International Inc. trades in the United States on the NQB
Pinksheets under the symbol "MSITF". For further information, please contact
Robert Talbot at (780) 430 6363 or media contact Bill Whitehead at
(416) 822 5883 or http://www.medicalservicesintl.com or
http://www.minerva-biotech.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 other filings with regulatory bodies.
SOURCE Medical Services International Inc.
Contact Information:
Robert Talbot, +1-780-430-6363, or media contact, Bill Whitehead, +1-416-822-5883, both of Medical Services International Inc.
WebSite:
http://www.minerva-biotech.com/
China Digital Wireless, Inc. (OTC BB: CHDW)
announced today that the company has entered into an agreement to acquire
95% of the equity interests of Shanghai KENA Energy Saving Electric Co.,
Ltd and related patent and patent rights to produce high-energy,
high-efficiency transformers. The company's decision to enter into the KENA
acquisition is driven by an effort to re-focus the company's strategy and
capitalize on the strategic opportunity this transaction presents.
The company's desire to acquire equity interests in KENA and the patent is
driven by several factors:
Strategy Re-focus
The company, which had launched an "out-of-home" digital television
advertising business in January 2005, has determined to expand its
operations in light of the lack of demand for out-of-home digital
advertising in China. Management believes that the lack of demand is caused
by several factors, including the availability of other more traditional
advertising outlets such as television, radio and newspapers, and the
reduction of advertising fees due to the merger of media companies. In
addition, there are an increasing number of competitors in the media
industry, resulting in intense market competition.
Strategic Opportunity
KENA was established in China on April 26, 2005. Its chief scientist Dr.
Chang Kenan, an experienced Chinese-American scientist, is the inventor of
energy saving street lighting system ballasts which are noted for energy
savings, material savings, long-life, and being environmentally friendly.
Since its establishment, KENA has undertaken four street lighting projects
and generated revenue of over RMB 5,000,000. There are approximately nine
street lighting projects under negotiation.
Management believes that the KENA acquisition represents a strategic
opportunity for the company in following ways:
1) The Chinese government has provided strong support of energy saving
products. In the first quarter of 2006, KENA's energy saving lighting
products will be included in the Chinese government purchasing lists.
Official documents will be issued by the Chinese government to help promote
these products.
2) There is a large demand for energy saving streetlights. According to the
Chinese Construct Department, currently, there are 18,000,000 streetlights
in China with a 17%-18% yearly growth rate. The average replacement rate is
10%. The worldwide demand is estimated at five times as much as the demand
in China.
3) KENA's products present consumers with positive economic and social
effects. According to a Report from National Centre of Supervision &
Inspection on Electric Light Source Quality of Shanghai, KENA's energy
saving lighting system ballasts result in a 20% energy saving, allowing
consumers to recover their costs in two years. Compared to other similar
products, KENA's system ballasts use 15% less materials than other similar
products and have a 20-year service life, which is 10 years longer than
other similar products.
About China Digital Wireless:
China Digital Wireless distributes various Nokia and Samsung mobile phone
models in Shanghai, China; provides wireless users in China with the access
to financial information and various entertainment-related services via
their mobile phones and pagers and provides out-of-home digital television
advertising in commercial locations throughout Shanghai, China region.
Safe Harbor Statement:
The information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove not
to have been accurate and are subject to significant risks and
uncertainties, including statements to the future financial performance of
the Company. The Company can give no assurance that such expectations or
any of its forward-looking statements will prove to be correct. Factors
that could cause results to differ include, but are not limited to,
successful performance of internal plans, product development and
acceptance, the impact of competitive services and pricing, or general
economic risks and uncertainties.
Contact:
Ms. Liu Min
China Digital Wireless Inc.
Tel: 862133054789-6217
Email: Email Contact
QBID Effective immediately, Frank Olsen, CEO and President of Triangle Multi-Media Limited, Inc.
has proudly appointed Mr. Lloyd Fan as Interim president of Q
Television Network.
Lloyd Fan and his partners bring many years of achievement in corporate
finance, strategic growth initiatives, OEM manufacturing, international trade
and product direct-distribution. Through Best Prop Holding Group -- which
owns Pat Prod Productions and Patented Product Industries -- his successes
include renowned companies like Sharper Image, Brookstone, Restoration
Hardware, IKEA, Targets Stores, Wal-Mart, JC Penny, Coleman, LL Bean, QVC and
many more. Coming from a manufacturing and engineering background, Mr. Fan
has played a major role in commercializing some 200 patents worldwide. With a
proud and proven track record, Mr. Fan is highly respected in the financial,
manufacturing and service sector throughout Asia.
With a long-standing interest in finding an entertainment and distribution
platform partner with a strong brand and loyalty within the GLBT community,
Mr. Fan and his group considered QTN's success in connecting to this market.
QTN's growing distribution model and direct connection to its customer base
complements both entities' plans to expand the network's offerings to include
additional entertainment services and consumer products targeted to the GLBT
community in the U.S. and worldwide.
"This is truly an exciting development," said Mr. Fan. "My partners and I
understand the vision and the commitment Frank Olsen has made to the GLBT
community with the launch of QTN, and we are pleased to join forces with QTN
in ensuring its continued success".
Olsen, who remains Chairman and CEO of both Triangle Multi-Media Limited,
Inc. and Q Television Network stated, "Mr. Fan and his partners' commitment of
resources to QTN is a much needed investment in all phases of the network as
we work to proudly give voice to the gay community. Mr. Fan's appointment as
Interim President of QTN further solidifies the network's ability to enhance
its daily operations, programming, strategic growth and financial stability.
I am very proud of the accomplishments QTN has made throughout the years in
our struggle to bring a gay television network to market. Many people have
played significant roles and have taken many risks. With the infusion of
dynamic resources brought to QTN by Mr. Fan, the network's continued success
seems assured."
About Q Television Network:
This 24/7, premium television network is organized to create, develop and
feature television programming for the gay and lesbian community, including
live & interactive content every weeknight, plus sports, information and
entertainment. While the company expects much of its subscriber base to be
comprised of members of the gay and lesbian population, management also
believes that quality programming about the gay and lesbian experience,
designed to entertain, educate and inform, will attract many other segments of
the viewing public.
The company's programming is available on a subscription basis to those
desiring to subscribe. The monthly fee varies by region of the country. The
network is telecast 24 hours per day, 7 days per week and features a variety
of live and original programming. Q Television is available on such blue chip
cable systems as Time Warner, Cox communications and RCN, among others, with
availability approaching 3 million digital cable households in the U.S. Q
Television Network is the official network of Gay Games(R) VII. The network
is also ad-supported. For further information on programming and
subscriptions, please visit www.qtelevision.com.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press
release may be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such matters involve risks and
uncertainties that may cause actual results to differ materially, including
the following: changes in economic conditions; general competitive factors;
the television network's ability to execute its business model and strategic
plans; and the risks described from time to time in the company's Securities
and Exchange Commission filings.
Contacts:
QTN Media Relations
Kristien Brada-Thompson Jim Strzalkowski
Priority Public Relations Priority Public Relations
(818) 338-3555 x224 (818) 338-3555 x222
kristien@prioritypr.net jim@prioritypr.net
QTN Investor Relations
Richard Brown
Equity Relations, Inc
(617) 314-7379
Staff@EquityRelations.com
SOURCE Q Television Network
Contact Information:
Media Relations, Kristien Brada-Thompson, ext. 224, kristien@prioritypr.net, or Jim Strzalkowski, ext. 222, jim@prioritypr.net, both of Priority Public Relations, +1-818-338-3555, for Q Television Network; or Investor Relations, Richard Brown of Equity Relations, Inc, +1-617-314-7379, Staff@EquityRelations.com, for Q Television Network
WebSite:
http://www.qtelevision.com
ITWJ Integrated Software Development Ltd. (ISD) (Pink Sheets:), a provider of enterprise
software aimed at small-and medium-sized enterprises, today announced that it
signed an additional contract with Sano Ltd., Israel's largest manufacturer and
supplier of chemical consumer and personal hygiene products.
BENEFIT will be used by Sano to manage their diaper products division, the
largest in the country. The new contract comes less than three months after the
company's first order of the system for their customer service department, and
other divisions are expected to order the system as well.
Moti Maram, CEO of ISD, says, "Because Sano has such a huge and vast marketing
and distribution network, they can fully appreciate the value that BENEFIT
offers as an end-to-end CRM system. It didn't take them much time to use the
system and decide that their diaper products division could make good use of the
system as well. This is now our model with other large companies that have made
initial purchases of BENEFIT -- we will be leveraging our relationships to
deepen our sales efforts in several vertical markets."
Sano is a manufacturer and importer of consumer goods and cleaning equipment.
Their extensive product line includes dish care, household cleaners, laundry,
paper products, baby care products and a broad line of hygiene and cosmetics
products. In addition, Sano manufactures, sells and services institutional dish
washing systems. With hundreds of products, the company continues to introduce
tens of new products each year.
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized
customers in service-intensive industries. It offers the power and many of the
features found in custom-made CRM and ERP enterprise systems at a fraction of
the cost. BENEFIT includes many CRM functions serving the needs of organizations
for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that
enables small-and-medium-sized enterprises to optimize functions such as
workforce management, contact center operations and asset management. The
easy-to-employ solution, BENEFIT, includes many Customer Resource Management
(CRM) functions with the focus on customer need for greater internal efficiency,
cost control and maintaining customer service quality. BENEFIT is already used
by over 3,000 users in more than 200 organizations across a wide range of
functions and industries.
For more information, please contact Jeff Adams at invest@isdsoft.com or visit
us on the Web at http://www.isdsoft.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking'
information within the meaning of the Federal securities laws. All statements,
other than statements of fact, included in this release may include
forward-looking statements that may involve risks and uncertainties. There can
be no assurance that such statements will be accurate and actual results and
future events could differ materially from those anticipated in such statements.
The Company undertakes no obligation to update forward-looking statements to
reflect subsequently occurring events or circumstances or to reflect
unanticipated events or developments.
CONTACT: Integrated Software Development Ltd.
Jeff Adams
invest@isdsoft.com
Pearl Asian Mining Industries, Inc. (OTC:PAIM) is happy
to introduce the 2006 XYZ Gold Team - Pearl Asian Mining Industries,
Inc. and that there is no reverse split planned for now!
Shareholders are invited to meet the Gold Team running and
overseeing the complete operation of the XYZ Gold Mine.
-0-
*T
XYZ GOLD TEAM & STRATEGISTS
BOARD OF DIRECTORS
Chairman E. Pearlasia
President Randolf Villanueva
VP/CRO Fr. Ariel
ADVISORS
Engr. Pete Caleon Mining/Geologist
Engr. JR Famor Plant Machineries Procurement
Gil Apuya Geological Co. Consulting Geologist
Atty. Earl Diao, IV Legal Counsel/CPA/CFO
MsSgt. Edward Madrid E.V.P./Field Security
HEAD OFFICE ADMINISTRATION
EVP/Secretary & Hrd Mgr. Abegail Dormitorio
EVP/Auditor/Risk Mgmt. Arlene Balagbagan
Procurement Mgr. Arnel Morilla
XYZ OPERATION GOLD FINGER TEAM
1. Consultant - Chief Mining Officer (CMO) Socrates Serrano
2. Overall-In-Charge Mining Engineer (OIC) Jonathan Mercado
ENGINEERS-IN-CHARGE
3. Design & Plant Development Engineer (DPD) Ricardo Bernardo
(To Include Cebu Gold Refinery Facility)
4. Tunnels Rehab & Underground Mines Develop. Cesar Rosales
5. Safety Dev. & Environmental Protection (SDEP) Trecero Reyes
6. Road & Infrastructures Development (RCSID) Michael J.Penalosa
Land Mine & Satellite-Cell Site Surveyor (LMSCS)
7. Senior Field Geologist Regino Selvano
8. On-Site Host Community Development Director Manolo Tecson
9. Computer IT Gil Apuya III
PEARL ASIAN METALLURGICAL & CHEMICAL ASSAY LAB (PAMC LAB)
10. Laboratory Business Development Gary Anthony Gotanco
Chief Chemical Engineer
11. OIC Metallurgist Elvis Hidalgo
12. EIC Research & Development Rochelle Laylay
13. EIC Quality Assurance/Quality Control EmyLyn Noma
*T
VISION STATEMENT
Pearl Asian Mining Industries, Inc. (PAIM) will lead the Filipino
mining industries into the 21st century. Pearl Asian Mining is
globally commitment to its international shareholders for generating
excellent Return On Investments (ROI). To make Pearl Asian Mining
Industries, Inc. the "Model" for all mining companies in the
Philippines; the "Pioneer" to make, use and leverage the involvement
of the host communities, as well as the local and international NGOs
(Non-Governmental Organizations); and the "A Team" to help sustain the
economic stability of the Republic of the Philippines, by
participation in the development of the Philippines Mining Industries,
as well as the involvement of its host community and environmental
protections.
MISSION STATEMENT
It is the ultimate mission and intention of Pearl Asian Mining
Industries, Inc. (PAIM) to partner with the Philippine Government and
its local host communities in order to acquire abandoned mines with
known and proven gold reserves, left untapped and abandoned for
centuries. Pearl Asian will make profitable business operation side by
side with environmental protection and sharing of benefits to host
communities through adoption of maximum efficiency and applicable
state-of-the-art technologies.
Pearl Asian Mining (PAIM) is teamed up with world-class,
experienced, renowned and select cream-of-the-crop Mining, Mechanical,
Electrical, Civil, Chemical & Metallurgical Engineers, Geologists and
other highly qualified support team members, who will become the
corporate model to make a real and lasting contribution to the
communities in which Pearl Asian operates considering all aspects of
its safety and healthy environment.
FORWARD-LOOKING STATEMENTS
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to differ materially from the anticipated
results, performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements in this release
include statements regarding the Company's projections regarding gold
production in future periods. Factors that can cause actual results to
differ materially from anticipated results include the risks and
uncertainties such as the risks relating to estimates of reserves;
mineral deposits and production costs; mining and development risks;
the risk of commodity price fluctuations; political and regulatory
risks; risks of obtaining required operating permits and other risks
and uncertainties. Penny Stocks are very highly speculative and may be
unsuitable for all but very aggressive investors. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
KEYWORD: ASIA PACIFIC PHILIPPINES
INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS PERSONNEL
SOURCE: Pearl Asian Mining Industries, Inc.
CONTACT INFORMATION:
Pearl Asian Mining Industries, Inc. - Philippines
Investor Relations:
Richard C. Miller, 650-814-3268
Fax: 877-317-4430
IR@PearlAsianMining.com
www.PearlAsianMining.com
Great West Gold, Inc. (OTCBB:GWGO) confirms that has
raised an additional US$1,000,000 in cash through a placement of
restricted shares of the Company's Stock to a private investor. The
Company is not filing a Registration Statement in respect of these
shares and this investor has agreed to hold these shares as restricted
under Regulation 144.
This cash has been raised to assist in the cash portion required
for acquisitions planned by the Company in and during this week.
This announcement is neither an offer to sell nor a solicitation
of an offer to buy any of these securities.
About Great West Gold, Inc.
Great West Gold, Inc. (www.greatwestgold.com) is a gold
exploration company that has acquired certain rights to mine for
minerals, primarily gold, in Arizona. Statements contained in this
press release, which are not historical facts, are forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based largely on the Company's expectations and are subject to a
number of risks and uncertainties beyond the Company's control,
including but not limited to economic, competitive and other factors
affecting the Company's operations, management team effectiveness,
expansion strategies, available financing, market prices and recovery
costs, government regulations involving the Company, facts and events
not known at the time of this release, and other factors discussed in
the Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and
readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. The Company undertakes no obligation to update publicly any
forward-looking statements.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES
INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS FUNDING
SOURCE: Great West Gold, Inc.
CONTACT INFORMATION:
Great West Gold, Inc.
+ 1 602-532-7322
investor@greatwestgold.com
CSMG Technologies, Inc.(OTCBB:CTUM) announced today that Dr. Anatoly Makarov, holder of Thoracic
Surgery and pulmonology chair at Kiev Medical Academy for Postgraduate Studies,
has successfully completed breakthrough lung resection procedures using the
company's platform live biological tissue welding/bonding technology.
CSMG owns the technology and exclusive world rights to the medical device
through Live Tissue Connect, Inc. (LTC), a subsidiary corporation formed for the
development and exploitation of the platform technology.
Makarov said, "Using the tissue welding technology for lung resection is faster,
results in less bleeding and does not require staples, sutures, glues or
sealant. There is higher reliability for a leak-proof seal than competitors and
has almost no probability of infection. Out of 400 surgeries at my clinic using
the tissue welding technology, I cannot recall one incidence of infection."
Donald S. Robbins, president and CEO of CSMG, said, "The big advantage of this
breakthrough is a shortened surgery time and that no foreign matter is left in
the lung. The surgery leaves the healthy lung lobe portion functional in the
body while removing the diseased lung lobe tissue."
The tissue welding/bonding technology for repair and reconnection of tissue and
hollow organs is smokeless, with little heat migration in the tissue, results in
no necrosis and is without the use of foreign matter or conventional
wound-closing devices, such as of staples, sutures, glues or sealant. The
procedures are almost bloodless. Unlike other tissue coagulation methods that
tend to destroy tissue by charring, searing and necrosis, the CSMG-patented
technology bonds and reconnects incised tissue using a patented low-heat
delivery method aimed at restoring the normal functions of the live organs and
tissue. The technology leaves little or no scar visible to the naked eye.
About CSMG Technologies' Tissue Welding/Bonding Technology
Surgeons at 10 Ukraine hospitals and clinics are using the tissue
welding/bonding technology in clinical trials, have completed more than 5,000
human surgeries using almost 70 types of open and laparoscopic surgical
procedures and demonstrated that the technology is universal in its ability to
repair soft biological tissue. These surgeries included lung, neuro-surgery,
nasal septum, intestine, stomach, skin, gall bladder, liver, spleen, blood
vessels, nerves, alba linea, uterus, bladder, gynecology, fallopian tube, ovary
and testicles, dura-matter, with little or no scarring, while restoring the
normal function of the body organ or tissue.
The technology was invented and developed at the internationally renowned E.O.
Paton Institute of Electric Welding, National Academy of Sciences of Ukraine at
Kiev, Ukraine, headed by Professor B.E. Paton. United States and Australia
patents have been issued with other U.S. and foreign patents pending.
About CSMG Technologies
CSMG Technologies maintains offices in Corpus Christi, Texas; Washington D.C.;
Atlanta, Ga.; and Kiev, Ukraine. For CSMG's stock quotes, visit
http://www.otcbb.com. For more information, visit http://www.ctum.com, e-mail
publicrelations@ctum.com, or contact Don Robbins at (361) 887-7546.
Additional information about CSMG can be found at http://www.ctum.com or e-mail
publicrelations@ctum.com. An online investor kit containing CSMG press releases,
SEC filings, current Level II price quotes, interactive Java, stock charts and
other useful information for investors can be found at
http://www.hawkassociates.com/csmg and
http://www.hawkassociates.com/csmg/kit.htm.
Investors may contact Don Robbins or K. Bruce Jones, CSMG, at (361) 887-7546,
e-mail: publicrelations@ctum.com, or Frank Hawkins or Julie Marshall, Hawk
Associates, at (305) 451-1888, e-mail: info@hawkassociates.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of
1995: This press release may contain forward-looking information within the
meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the
Exchange Act), including all statements that are not statements of historical
fact regarding the intent, belief or current expectations of the company, its
directors or its officers with respect to, among other things: (i) the company's
financing plans; (ii) trends affecting the company's financial condition or
results of operations; (iii) the company's growth strategy and operating
strategy; and (iv) the declaration and payment of dividends. The words "may,"
"would," "will," "expect," "estimate," "anticipate," "believe," "intend" and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and involve
risks and uncertainties, many of which are beyond the company's ability to
control, and that actual results may differ materially from those projected in
the forward-looking statements as a result of various factors.
CONTACT: CSMG Technologies, Inc.
Donald S. Robbins, President and CEO
361-887-7546
K. Bruce Jones
770-955-0409
Systems Evolution Inc. (OTCBB:SEVI), a leading
integrator of Microsoft tools and provider of business consulting
services, announced that its CEO, Robert Rhodes, was interviewed for
Wall Street Reporter (an online business reporting company) and that
the audio is available online at www.wallstreetreporter.com.
In the interview, Mr. Rhodes states that SEVI will be reporting
operation profits for November 2005, December 2005 and January 2006.
Further guidance on SEVI's plans for calendar year 2006 will be
released in early March.
"Our Company was deliberately designed for continuous growth," Mr.
Rhodes noted during the interview. "Our strategic plan, including
proprietary methodologies, technology, and infrastructure, is highly
modular and scalable, allowing us to simply and quickly replicate
anywhere in the world. This move to operating profits validates the
effectiveness of our business plan."
About Systems Evolution, Inc.
Systems Evolution Inc. ("SEVI"), http://www.systemsevolution.com,
is a publicly held professional services organization founded in 1993
that provides software development solutions, Enterprise Project
Management consulting, and managed network support through its
Consulting division and permanent placement through its Next Hire
Consultants division. Its Consulting Division is a Microsoft Gold
Certified Partner.
Forward-Looking Statements:
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Investors are cautioned that these forward-looking statements involve
uncertainties and risks that could cause actual performance and
results of operations to differ materially from those anticipated by
these statements. These risks and uncertainties include issues related
to the ability to: obtain sufficient funding to continue operations,
maintain adequate cash flow, profitably exploit new opportunities,
fulfill all backlogs and the unpredictable nature of business risks;
as well as the ability to establish and grow brand awareness of SEVI
and other factors set forth in the Company's most recently filed SEC
reports. The forward-looking statements contained herein represent the
Company's judgment as of the date of this release and it cautions
readers not to place undue reliance on such statements. The Company
assumes no obligation to update the statements contained in this
release.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE NETWORKS SOFTWARE PROFESSIONAL SERVICES CONSULTING
SOURCE: Systems Evolution Inc.
CONTACT INFORMATION:
Systems Evolution Inc., Houston
Mike Campbell, 713-979-1600 ext. 108
investor.relations@systemsevolution.com
Universal Express Inc. (OTCBB: USXP), signed a Letter of
Intent to purchase a South Florida based fuel and wholesale jobber.
This oil and gas turnkey operation services 144 gas stations and
directly owns 46 of them.
In addition, the Company provides diesel distribution and is
poised to enter the airline fuel industry.
"With combined revenues today in excess of $180 million and
deliveries in excess today of 100,000,000 gallons our strategic
partners from Dubai and Saudi Arabia have advised us to consider this
timely acquisition for balance sheet enhancement, growth and
synergistic interests from its supply source," said Richard Altomare,
CEO and Chairman of Universal Express, Inc.
"From a logistical matching to our more obvious Dubai and Saudi
Arabian investors as well as potential future airline fuel needs, this
acquisition will enhance the flexibility and growth potential of
Universal Express and its growing family of companies," continued Mr.
Altomare.
"Due to confidentiality agreements, full details of this
transaction will be made available after our successful closing,"
concluded Mr. Altomare.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and
transportation conglomerate with multiple developing subsidiaries and
services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation
Reform Act of 1995: The statements contained herein, which are not
historical, are forward-looking statements that are subject to risks
and uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements including, but
not limited to, certain delays beyond the Company's control with
respect to market acceptance of new technologies, products and
services, delays in testing and evaluation of products and services,
and other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA FLORIDA NEW YORK UNITED STATES
INDUSTRY KEYWORD: ENERGY OIL/GAS UTILITIES NATURAL RESOURCES MERGER/ACQUISITION
SOURCE: Universal Express, Inc.
CONTACT INFORMATION:
Universal Express, Inc.
Mark Falk, 631-588-1644
publicrelations@usxp.com
Gulf Coast Oil & Gas, Inc., (OTCBB:GCOG), (the
"Company") announced today that it has accepted $2,000,000 in
financing from Cornell Capital Partners, LP to help drive the
development and growth of the company.
Under the agreement Cornell has committed to provide $2,000,000
in convertible debentures. Gulf Coast Oil & Gas, Inc. has received
the first $1,000,000. Cornell is obligated to fund another $1,000,000
immediately prior to filing the registration statement with the
United States Securities and Exchange Commission (SEC). Complete
details regarding the financing transaction can be found in the
Company's filings with the Securities and Exchange Commission.
"We are pleased to enter into this agreement with Cornell
Capital," stated Rahim Rayani, President and CEO. "This funding
provides the company with the necessary capital to carry out our
business plan through further exploration, drilling and
diversification of low risk oil & gas properties."
"Cornell Capital is extremely pleased to provide Gulf Coast Oil &
Gas with the opportunity and capital funding to execute their
business plans," stated Hamid Fashandi, Vice President of Cornell
Capital Partners LP. "We look forward to building a long lasting
relationship with Gulf Coast Oil & Gas and their management team over
the coming months and years!"
About Gulf Coast Oil & Gas
Gulf Coast Oil and Gas, Inc. is a Houston, TX based Oil and Gas
Exploration and Development Company. The Company's goal is to acquire
low risk Oil and Gas properties onshore and solely in the USA with a
focus on developing and producing from proven, developed and
underdeveloped reserves. Gulf Coast will focus its efforts on shallow
well drilling in order to maximize shareholder returns without the
high risk and expenditures associated with larger and more expensive
wells.
For additional information, please visit our web site at:
www.gcoil.com.
Forward-Looking Statements: This document contains
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. All forward-looking statements are inherently uncertain as
they are based on current expectations and assumptions concerning
future events or future performance of the Company. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the date
hereof. In evaluating such statements, prospective investors should
review carefully various risks and uncertainties identified in this
release and matters set forth in the Company's SEC filings. These
risks and uncertainties could cause the Company's actual results to
differ materially from those indicated in the forward-looking
statements.
Gulf Coast Oil & Gas, Inc. (OTC Bulletin Board:GCOG)
Gulf Coast Oil & Gas, Inc. (OTC Bulletin Board:GCOG)
KEYWORD: NORTH AMERICA NEW YORK TEXAS UNITED STATES CANADA
INDUSTRY KEYWORD: ENERGY OIL/GAS FUNDING
SOURCE: Gulf Coast Oil & Gas, Inc.
CONTACT INFORMATION:
Gulf Coast Oil & Gas, Inc.
Robert Mintak
Investor Relations
(877) 700-1644
info@gcoil.com
www.gcoil.com
UPDA Canyon Creek Oil & Gas Inc. (A Joint Venture of
Universal Property Development and Acquisition Corporation
and USProduction & Exploration, LLC, a privately held
Company) has dramatically increased the oil production from its Hagler
Capps Lime Field in Coleman County, Texas.
The company had previously reported the lease was producing 250
bopm from 4 wells. Recently the Company treated 5 wells, including the
4 in production, with hot oil and chemicals. As a result of this
treatment, the production has increased to 750 bopm.
Work on the Hagler Leases continues with 2 additional wells ready
to turn to sales. Inclement weather prevented the wells from being
turned to sales last week but the Company expects the two wells will
come on line by Tuesday, bringing the number of wells in production to
7. The Hagler Capps Lime Field is comprised of 2 leases totaling 915
acres and 16 wells.
Progress is also continuing on Canyon Creek's #1 Nelson Roberts
Unit in Inez Field, located in Victoria County, Texas. The Company had
perforated the Yegua "B" zone and encountered gas pressure exceeding
2000 psi at the surface. After flow testing the well, sand, concrete
residue and perforating gun remnants formed a bridge over the
perforations. The company moved in a work-over rig to remove the
bridge with tubing and mills. The Company has been successful in
removing 90% of the bridge and expectations for this well remain high
despite this unforeseen delay. The work over rig remains on site, and
work will continue until the well is ready for production.
The production from this well, as well as the production from all
of its properties, will be reported by UPDA as it continues to update
its website at www.universalpropertydevelopment.com.
About UPDA
Universal Property Development and Acquisition Corporation
(OTCBB:UPDA) focuses on the acquisition and development of proven oil
and natural gas reserves and other energy opportunities through the
creation of joint ventures with under-funded owners of mineral leases
and cutting-edge technologies.
About CCOG
Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint
venture corporation for the purpose of acquiring currently producing
oil and gas properties, low risk drilling prospects and existing wells
in need of state-of-the-art technology to improve profitability.
Canyon Creek Oil and Gas Inc. now has over 60 wells located on more
than 2,000 acres in the Fort Worth basin. The Company has also
acquired properties located in Inez Field in Victoria County and
Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a
revitalization program on all of its properties in order to improve
production and bring more wells on line.
Statements contained in this press release that are not based upon
current or historical fact are forward-looking in nature. Such
forward-looking statements reflect the current views of management
with respect to future events and are subject to certain risks,
uncertainties, and assumptions. Should one or more of these risks or
uncertainties materialize or should underlying assumptions prove
incorrect, actual results may vary materially from those described
herein as anticipated, believed, estimated, expected, or described
pursuant to similar expressions.
KEYWORD: NORTH AMERICA FLORIDA TEXAS UNITED STATES
INDUSTRY KEYWORD: ENERGY OIL/GAS PRODUCT/SERVICE
SOURCE: Canyon Creek Oil & Gas Inc.
CONTACT INFORMATION:
Universal Property Development and Acquisition
Corporation
Bradford Moore, 561-630-2977 (Investor Relations)
info@updac.com
can i go back to bed now
-PAIM- Pearl Asian Mining Industries, Inc.
announced today that the company hired the geological expertise
of the renowned Mayon Geotech & Geo-Environment Services (MGGS), Inc. led
by Engr. Gil J. Apuya. The MGGS Team performed exploration and evaluation
of the XYZ Mine Site located in the town of Baleno, Island of Masbate, to
further determine the Gold Silver Deposits as well as the full potential
installation of the Gold Mineral Processing Plant.
On Dec. 16-28, 2004, the first members of the engineering group of the
"Operation Gold Finger" Team were on the XYZ Mine Site to oversee the
initial project's exploration operation conducted by MGGS. These
exploration activities had covered a total of seventy-two (72) hectares
that was conducted for a period of fourteen days including mobilization and
demobilization. MGGS provided the technical report indicating projected
ore reserves, inclusive of all the geological maps, sections, laboratory
result analysis of samples and computation of projected ore reserves. MGGS
also included in their report the recommended potential site for putting-up
the Gold Mineral Processing Plant as well as the site for building
infrastructures, road access towards the XYZ Mine Site, scheduled to be as
early as the Summer of 2006.
Further activities included research work and collation of existing
geological reports, acquisition of field supplies and materials,
preparation of working maps and mobilization. The Gold Team coordinated
with local officials and residents including recruitment of local residents
as guides and laborers for trenching, test pitting, clearing, handling and
transportation of samples and sampling. More detailed geological mapping of
the area was reported on a 1:10,000 scale. The MGGS identified all
outcrops, rock types, alterations and mineralization by megascopic
identification. These activities included rock / ores sampling, exact
plotting of encountered outcrops, mineralization and preparation of
geological maps and sections. They cleared and channelled the samples from
the old tunnels and dug pits. The trenching and test-pitting were
delineated and traced the continuity of mineralization. The samples
gathered were analyzed for Gold, Silver Copper, Lead, Zinc & the Platinum
Group of Precious Metals (Au, Ag, Cu, Pb, Zn, Pts.). All these collected
information were interpreted. Two batches of samples of approximately 20 Kg
of ores each batch, were sent to KNELSON Company of Langley, British
Columbia, Canada and ELSA Metals Company of Geneva, Switzerland for further
laboratory analysis. The laboratory assay results both by KNELSON & ELSA
Metals were utilized for further confirmation of the previous preliminary
assay reports and the local laboratory results from OSTREA LAB of the
Philippines. This assay results gave the exact design for the gold
concentrator plant & gold powder refinery, in which the plant design was
based on the type and quality of these XYZ GOLD ORES. Additional activities
besides the chemical laboratory analysis included Topographical Survey of
the entire XYZ GOLD MINE SITE.
"I am excited to see that further explorations, developments and production
activities are in progress as 2006 will be The Best Year ever for Pearl
Asian Mining Industries, Inc., after 3 years of its founding and creation.
I envision that the last quarter of 2006 will be the beginning of revenue
generation months and profitable years ahead; thus benefiting all the
existing and future shareholders of PAIM!" exclaimed E. Pearl Asian,
Founder & Chairman of the Board.
FORWARD STATEMENTS:
With the exception of historical information, this news release and
accompanying information may include forward-looking statements that
involved a number of risks and uncertainties. Actual results could differ
materially from those anticipated as a result of various factors. There are
numerous factors that could contribute to such difference, therefore such
projected events and anticipated results are not warranties or guaranties
that such events will occur or that the Company will achieve such results.
CONTACT:
Investor Relations
e-mail: IR@PearlAsianMining.com
URL: www.PearlAsianMining.com
PHONE: (866) 732-7888
FAX: (877) 317-4430
KLGE- .60--President of Klegg Electronics, Inc.
Dennis Gentles, needed to take his company's product, 'The Klegg
Mini,' the world's smallest MP3 player -- and one of the most
affordable -- to market. But, he had a problem. "I needed that
celebrity endorsement, I wanted Paula Abdul because of her popularity
and her brand identity in music, but we just didn't have the
resources. So, I decided to join what I saw as an emerging trend and
offer her a large chunk of the company. And it worked," says Gentles.
Not only did Klegg stock (Pink Sheets: KLGE) soar with the news
that Abdul had signed on, but Paula began a publicity campaign that
had her pitching the Klegg Mini on: Entertainment Tonight, Access
Hollywood, The Ellen DeGeneres Show, The Today Show, The View, The
Tony Danza Show, amongst others.
"Overnight, the name 'Klegg Mini' became synonymous with Paula
Abdul. She put her heart and soul into the PR campaign and really
pitched hard because she was a major stockholder," notes Joe Davis,
Sr. VP of Clearvision, Inc., the marketing company that advised Klegg
to sign Paula. "Here you've got a major celebrity," continues Davis,
"She's on TV talking about her favorite gizmo and it's something 'Jane
Doe' in Iowa can afford. It's a no-brainer. Consumers are going to buy
and stock traders are going to invest. Using Paula to promote the
product gives huge credibility to Klegg, they are seen as a serious
contender, and at the same time, Paula instills confidence in
consumers."
The new Klegg Mini is slated to dramatically expand the $40
billion MP3 market, one of the fastest growing electronics markets in
the world. Sales of MP3 players topped 27 million units worldwide in
2004 with an expected growth rate of 30% annually over the next five
years. "The portable music device category exploded this year, with
interest in MP3 players up 9 percent over last year's survey..."
reported Todd Board, leader of Ipsos Insight's Technology &
Communications practice, on digitalmusicnews.com. The Klegg Mini is
available for $79.95, and can be purchased online at kleggusa.com. It
is small enough to fit on a key chain, starts at under $80, and holds
over 250 songs and 10,000 photos or hours of voice recordings. The
Klegg is 1.8 inches long, 1.6 inches wide, and only 1/2 inches thick.
Major corporations have been utilizing the celebrity endorsement
with success since the birth of advertising. Smaller companies have
rarely had the resources to compete. In the past, celebrities usually
received a hefty annual fee for spokesperson duties, which included
all commercials (TV and radio), personal appearances and print
advertising.
However, in recent years, many of these famous endorsers have
opted to be rewarded in the form of stock. Two notable celebrity
product marriages from the recent past include: William Shatner and
Priceline (netting him more income than from his entire performing
career) and George Foreman and The George Forman Grill. According to
Forman's Attorney Henry Holmes, "By having stock in the
company...(George has) done very well."
This latest celebrity product marriage, between Paula Abdul and
The Klegg Mini, hope to fair as well. "If the continued strength of
the stock and the on-going success in consumer sales are any
indication, let's just say, we're very, very happy. This is a happy
marriage," beams Gentles.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES
INDUSTRY KEYWORD: ENTERTAINMENT MUSIC TECHNOLOGY CONSUMER ELECTRONICS RETAIL SPECIALTY PRODUCT/SERVICE PHOTO/MULTIMEDIA
SOURCE: Klegg Electronics, Inc.
CONTACT INFORMATION:
Klegg Electronics, Inc.
Maureen Kedes, 310-273-6288
SYNI-.597- Syngas International is pleased
to announce an update further to its press release of February 23, 2006,
when the Company announced completion of its carbon dioxide capture unit on
its proprietary PyStR technology. The captured carbon dioxide (CO2) can be
injected into coal seams to recover methane in a similar fashion to
injecting CO2 into depleted oil wells to enhance oil recovery.
Carbon dioxide sequestration in coal beds is even more efficient than
sequestering it in oil wells because CO2 injected into a coalbed seam
displaces adsorbed methane (CH4) from the coal surface with two cubic feet
of CO2 adsorbed on the coal surface and micropores for every cubic foot of
insitu CH4 released. Recent industry field projects of CO2 injection into
coalbeds have shown that methane production is increased. Coalbeds in North
America represent a widely dispersed potential geological sink for CO2
storage while offering an opportunity to recover commercial quantities of
methane for field uses or marketing in nearby natural gas pipelines. The
U.S. Department of Energy and Canadian Government (Alberta Research
Council) has been researching development of this sequestration concept for
disposal of CO2 emissions.
Nearly ninety percent of the enormous coal resources in North America are
unminable by today's mining standards, but carbon dioxide sequestration
technology has the potential to change that.
Surface coal can now be mined and gasified in Syngas' advanced gasification
and PyStR systems, with the CO2 injected (sequestered) into unminable coal
beds to bring out the methane.
As stated earlier, one of the biggest problems of late has been a reliable
supply of CO2. Syngas, through its PyStR hydrogen production process, can
capture CO2 that is produced either as a primary or bi-product. Syngas
believes its advanced gasification system captures CO2 more reliably and
efficiently than traditional technologies.
About Syngas International Corp: www.syngasinternational.com
Syngas International Corp. (SYNI) , through its subsidiary, Syngas Energy
Corp., is an emerging leader in the development and marketing of low-cost
alternate fuels worldwide. We believe our superior technology will catapult
our company into a GREEN POWERHOUSE. With energy prices at high levels and
the global focus moving rapidly towards addressing pollution, the need for
sustainable, zero emission energy is vital. Our technology is based on
clean renewable energy. We foresee our company poised to benefit from
global trends.
Forward-Looking Statements
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements. Such
statements are indicated by words or phrases such as "believe," "will,"
"breakthrough," "significant," "indicated," "feel," "foresee,"
"revolutionary," "should," "ideal," "extremely," and "excited." These
statements are made under "Safe Harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those described in forward-looking statements and are
subject to risks and uncertainties. See Fairchild's filings with the
Securities and Exchange Commission, including, without limitation,
Fairchild's recent Form 10-KSB and Form 10-QSB, which identify specific
factors that may cause actual results or events to differ materially from
those described in the forward-looking statements.
Contact:
Syngas International Corporation
Investor Relations
1-888-646-5611
www.syngasinternational.com
You are so Smart, I didn't know that,
IMGM and POSC Imagin Molecular Corporation announced today that the Company's wholly owned subsidiary
Positron Acquisition Corp. has reached an agreement with Positron
Corporation a publicly owned Texas corporation (OTCBB:POSC) to convert
a convertible promissory note into approximately 70,000,000 shares of
Positron Corporation's common stock. The transaction will be effective
immediately upon ratification of Positron Corporation's increase of
its authorized stock. The shares will be restricted and at current
prices have a value of approximately $14,000,000.
About Imagin Molecular Corporation:
Imagin Molecular Corporation strategy and focus is dedicated to
business opportunities in positron emission tomography (PET)
manufacturing. PET is an advanced medical diagnostic imaging procedure
used by physicians in the detection of certain cancers, coronary
disease and neurological disorders including Alzheimer's disease.
Imagin Molecular Corporation has positioned the Company to be a factor
in PET and ancillary molecular imaging businesses. Imagin Nuclear
Partners, a wholly owned subsidiary of Imagin Molecular Corporation,
is a full-service joint venture molecular imaging partner that will
own, operate and administer out-patient medical diagnostic imaging
centers that utilizes PET and PET/CT scanning equipment. Imagin
Molecular Corporation is also the Parent of Cipher Multimedia a new
Media Marketing and Distribution Solution Company that provides a
Distribution Solution for publishers of digital content. Cipher
Multimedia will develop marketing campaigns that will assist Imagin,
Positron Corporation and other companies market their products and
will continue to provide publishers a distribution solution for
digital content.
About Positron Corporation:
Positron Corporation designs, manufactures, markets and supports
advanced medical imaging devices utilizing positron emission
tomography (PET) technology under the trade name POSICAM(TM) systems.
POSICAM(TM) systems incorporate patented and proprietary software and
technology for the diagnosis and treatment of patients in the areas of
cardiology, oncology and neurology. Positron Corporation offers unique
combination of low cost technology and disease specific software
solutions differentiating themselves from all other medical device
manufacturers. POSICAM(TM) systems are in use at leading medical
facilities, including the University of Texas -- Houston Health
Science Center; The Heart Center of Niagara in Niagara Falls, New
York; Emory Crawford Long Hospital Carlyle Fraser Heart Center in
Atlanta; and Nishidai Clinic (Diagnostic Imaging Center) in Tokyo.
Additional information may be found at http://www.positron.com/.
Forward Looking Statements
Certain statements in this release, and other written or oral
statements made by the Company, including the use of the words
"expect," "anticipate," "estimate," "project," "forecast," "outlook,"
"target," "objective," "plan," "goal," "pursue," "on track," and
similar expressions, are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These forward looking
statements are subject to known and unknown risks, uncertainties and
other factors that may cause actual results, performance, or
achievements of the company to be different from those expressed or
implied. The Company assumes no obligation and does not intend to
update these forward looking statements. Among the important factors
that could cause actual results to differ materially from those
indicated by such forward looking statements include, without
limitation: competitive and general economic conditions, adverse
effects of litigation, the timely development and acceptance of
services, significant changes in the competitive environment, the
failure to generate or the loss of significant numbers of customers,
the loss of senior management, increased government regulation or the
company's failure to integrate its acquired companies to achieve the
synergies and efficiencies described in the "Management's Discussion
and Analysis" section of the Company's Form 10-KSB and other reports
and filings with the Securities and Exchange Commission, which may be
revised or supplemented in subsequent reports on SEC Forms 10-QSB and
8-K.
KEYWORD: NORTH AMERICA ILLINOIS UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY HEALTH HOSPITALS MEDICAL DEVICES ONCOLOGY
SOURCE: Imagin Molecular Corporation
CONTACT INFORMATION:
Imagin Molecular Corporation
Joseph Oliverio, 630-371-5583
China Media Group Corporation CHMD
announces today that it has been appointed to undertake the
advertising placement work for Beijing No. 6 Hospital ("Beijing Hospital")
under a cooperative agreement entered into between Beijing Ren Ren Health
Culture Promotion Limited ("Beijing Ren Ren") and Beijing Hospital. CMG is
the authorized advertising agent and is currently finalizing its
acquisition of Beijing Ren Ren.
Mr. Con Unerkov, Chairman of China Media Group stated, "This is the second
announced hospital that we have been appointed as advertising agents for,
with the first being the Changsha Central Hospital as released on Monday,
January 30, 2006. As previously explained we created an internal business
unit to strategically pursue advertising within hospitals, as we saw a real
market opportunity to differentiate ourselves from the rest of the
competition in a highly lucrative and controlled market and thus maximize
our revenue earning potential.
"We are looking forward to working with the local government, Beijing Ren
Ren and Beijing Hospital to actively seek advertisers who wish to take
advantage of this exciting opportunity. We have identified a number of
companies both locally and internationally that we feel would most benefit
in terms of exposure from this initial opportunity in the nations capital
and plan to aggressively target them in the coming weeks. Initially we
have been allocated 20 indoor billboard spaces mainly in the Outpatient
Department and Clinical Wards."
As previously quoted, healthcare-related advertising in China accounted for
approximately USD4.116 billion in 2004 and was ranked as the largest
advertising sector representing about 27% of the total ad spent in China
according to iResearch, a research and consulting group in China. CMG
feels that with its pending acquisition of Beijing Ren Ren, which it is
currently finalizing, and their relationship with government sponsors to
jointly promote health education and awareness under the national program
called The Great Wall of China Project, that it is in an excellent position
to emerge as a market leader in hospital healthcare advertising.
About Beijing Hospital:
Beijing No. 6 Hospital is the government hospital located in Beijing,
China. It was established in 1885 and is one of the oldest hospitals in
Beijing. The hospital has a total area of 15,800 square meters and a
total staff of 965 including 271 doctors of which 65 are senior doctors.
About Beijing Ren Ren:
Beijing Ren Ren Health Culture Promotion Limited is a company incorporated
in China with office in Beijing. Beijing Ren Ren has been granted a
nationwide advertising license in China covering the media of television,
newspaper, magazine, outdoor billboards and internet. Beijing Ren Ren has
undertaken the Great Wall of China project, a national program, to promote
heath education in China.
Additional information concerning Beijing Ren Ren Health Culture Promotion
Limited can be found on the web site at
http://www.chnamediagroup.net/renren/
About China Media Group Corporation:
China Media Group Corporation (OTC BB: CHMD) is a "Next Generation"
advertising / media company focusing on the very lucrative Chinese market.
It has offices in China, Hong Kong and Texas, USA. The company was
incorporated in Texas on October 1, 2002. The Company is currently
entering the fast growing advertising industry in China and plans to expand
its offices in key cities such as Shanghai, Guangzhou and Shenzhen. The
Company will also cooperate with strategic partners in other cities to
serve our clients for nationwide advertising coverage.
Additional information concerning other areas and topics of China Media
Group can be found on our web site at http://www.chinamediagroup.net
A number of statements contained in this Report are forward-looking
statements that are made pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995. Certain written
statements in this press release constitute "forward-looking statements" as
defined under the Private Securities Litigation Reform Act of 1995. Words
or phrases such as "should result," "are expected to," "we anticipate," "we
estimate," "we project," "we intend," or similar expressions are intended
to identify forward-looking statements. These statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those expressed in any forward-looking statements. These
risks and uncertainties include demand for our services, product
development, our ability to maintain acceptable margins and control costs,
the impact of federal, state and local regulatory requirements on our
business, the impact of competition and the uncertainty of economic
conditions in general, including the timely development and market
acceptance of products, competitive market conditions, successful
integration of acquisitions, the ability to secure additional sources of
financing, the ability to reduce operating expenses, and other factors.
The actual results that the Company achieves may differ materially from any
forward-looking statements due to such risks and uncertainties. Readers
are cautioned not to place undue reliance on forward-looking statements,
since the statements speak only as of the date that they are made, and we
undertake no obligation to publicly update these statements based on events
that may occur after the date of this document.
Contact:
China Media Group Corporation
Cedar Hill, Texas
ir@chinamediagroup.net
Good Mourning All
VRDM- .046--Veridium Corporation today announced its receipt of an order from Granite Falls Energy, LLC
("Granite Falls") for the use of Veridium's patent-pending Corn Oil
Extraction System(TM). Veridium will purchase and sell the extracted
corn oil and generate an estimated $1.4 million in annualized
revenues.
Veridium's proprietary new Corn Oil Extraction Systems(TM) extract
high grade corn oil from an ethanol by-product called distillers dried
grain ("DDG"). The new system is scheduled for installation by July
2006 at Granite Falls' Granite Falls, Minnesota ethanol production
facility, where it is expected to extract corn oil at a rate of about
1.2 to 1.5 million gallons per year.
Veridium's pricing model for its Corn Oil Extraction Systems(TM)
is not based on licensing or outright equipment sales, but rather on
the provision of its turn-key systems for no up-front cost in return
for long-term corn oil purchase agreements based on a fixed discount
to prevailing market prices.
Granite Falls is a farmer-owned ethanol production facility that
was commissioned in 2004 and is producing an estimated 50 million
gallons of ethanol annually. Glacial Lakes Energy, LLC, who is
currently using Veridium's patent-pending Corn Oil Extraction
System(TM) at Glacial Lakes' Watertown, South Dakota ethanol
production facility, is a significant shareholder in Granite Falls.
The Granite Falls ethanol production facility is one of more than 65
ethanol production facilities currently operating in the U.S.
David Winsness, chief executive officer of Veridium's industrial
design division, stated that "Granite Falls is managed by the same
visionary management team that runs the Glacial Lakes Watertown
ethanol production facility. Their support as an early adopter of our
Corn Oil Extraction System(TM) has helped to establish both market
credibility and momentum for innovative technologies. We are grateful
for the continued opportunity to work with their leadership and we are
looking forward to deploying our technology at the Granite Falls
facility."
Additional information is available online at
www.granitefallsenergy.com.
About Veridium's Corn Oil Extraction System(TM)
Currently, the majority of ethanol production is based on a dry
milling technique that utilizes more than 1 billion bushels of corn to
produce 3 billion gallons per year of ethanol (Fuel #1). The dry mill
process converts the starch from the kernel of corn into sugar and
then the sugar into ethanol. The balance of the corn (non-starch
components) then goes through a dewatering and dehydration process
where the byproduct is sold as a commercial feed ingredient called
distillers dried grain ("DDG"). DDG contains the majority of the corn
oil that was present in the kernel. Today, the 1 billion bushels of
corn currently used in the dry mill ethanol process contain roughly
300 million gallons of corn oil that is currently sold for about $0.03
per pound as commercial feed. The new Veridium technology presents
another option - cost effective conversion into Biodiesel (Fuel #2).
Veridium's Corn Oil Extraction System(TM) offers the following
compelling benefits for ethanol producers:
-- Low Operating Costs - the system requires less than $0.05 per
gallon of corn oil produced;
-- High Recovery Rates - the technology is capable of recovering
up to 75% of the corn oil within the DDG;
-- Increased Revenue - the corn oil extracted with Veridium's
technology is readily amenable to refining into biodiesel fuel
which creates a new revenue stream for participating ethanol
facilities;
-- Reduces Current Operating Costs and Emissions - Veridium's
technology improves the drying efficiency of the DDG which in
turn reduces overall plant operating costs and emissions; and,
-- Low Capital Cost - Veridium's oil extraction methods have a
capital cost of less than 15% of traditional corn oil
extraction methods.
Pictures and video of the new Veridium technology are available
online at www.meangreenbiofuels.com - this system is in use today and
efficiently recovers corn oil from concentrated thin stillage.
About Veridium Corporation
Veridium Corporation (OTC Bulletin Board: VRDM) is a publicly
traded industrial waste recycling company and holds the rights to more
than a dozen proprietary universal processing, water purification,
emissions control and waste recycling technologies.
Veridium's business model is based on the engineering and
marketing of green innovations and processes that enhance
manufacturing efficiencies, improve resource utilization and minimize
waste. Veridium's mission is to deliver consumer oriented Natural
Solutions(TM) based on an array of green technologies and applied
engineering expertise that reduce waste at the source and make it
easier for people and businesses to recycle and reuse resources.
Veridium plans to focus on the continued acquisition, development and
marketing of benchmark green technologies and products that accomplish
the following key goals:
-- Reduce the volume of waste generated by residential and
commercial consumers;
-- Increase the convenience and decrease the cost of recycling by
residential and commercial consumers; and,
-- Increase the cost-efficiency of processing certain types of
industrial wastes.
Veridium is about 65% owned by GreenShift Corporation (OTC
Bulletin Board: GSHF), a publicly traded business development company
(BDC) whose mission is to develop and support companies and
technologies that facilitate the efficient use of natural resources
and catalyze transformational environmental gains.
Safe Harbor Statement
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 Veridium Corporation, and members of their 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. Important
factors currently known to management that could cause actual results
to differ materially from those in forward-statements include
fluctuation of operating results, the ability to compete successfully
and the ability to complete before-mentioned transactions. 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.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY MANUFACTURING NATURAL RESOURCES PRODUCT/SERVICE
SOURCE: GreenShift Corporation
CONTACT INFORMATION:
Investor Relations:
Veridium Corporation, 888-870-9197 - Extension 291
Fax: 646-792-2636
investorrelations@veridium.com
www.veridium.com
or
CEOcast, Inc. for Veridium
Ed Lewis, 212-732-4300
MSEV-.20 Micron Enviro Systems, Inc. is extremely pleased to announce it has now entered
into the Canadian Oilsands Limited Partnership (COLP). This newly created
partnership will pursue the acquisition, exploration and development of land or
other property interests in the Alberta Oil Sands. Final negotiations are
progressing and it is anticipated that the first Alberta Oil Sands project will
be finalized in the next 1-6 weeks.
The Oil Sands of Canada hold recoverable reserves of 175 billion barrels with a
proven reserve life of 480 years and another 130 billion barrels of potential
reserves, which is second only to Saudi Arabia's 262 billion barrels. As a
comparison, the United States has only 29 billion barrels of recoverable
reserves and has decreasing domestic production while their demand is increasing
by 1-2% every year. Canada is in an optimal position to supply oil to the U.S.
with its favorable political climate, close proximity and because Canada with
its Oil Sands is one of the few non-OPEC countries which can grow its oil
production.
Bernie McDougall, President of Micron stated, "This is easily the most important
project that MSEV has ever been associated with. For a company of our tiny
market cap to have an association with one of, if not the largest single natural
resources in the world, the Alberta Oil Sands, this is clearly the biggest step
forward the company could make in terms of securing its future. If you consider
other junior oil and gas companies and the explosive growth their stocks have
achieved by having exposure to the Alberta Oil Sands, it is quite obvious that
MSEV's management is extremely excited about what the future will hold for the
company's growth going forward."
MSEV has also initiated the process of listing its shares on the Frankfurt Stock
Exchange. The process is expected to be completed within 2-6 six weeks. There
are a large amount of junior resources companies that have listed on the
Frankfurt Exchange which have received positive substantial exposure from the
listing.
Also, the drilling on the Boyne Prospect is now underway. The seismic program on
this prospect was comprised of three seismic lines for a total of 5.3 miles. The
lines tie in the neighbor's successfully tested well (3.4 million cubic feet of
gas per day absolute open flow) three quarters of a mile northwest of the
property and in addition also incorporate parts of two neighboring sections
along with the Boyne Prospects owned section. This prospect is approximately 45
miles away from Athabasca, Alberta.
MSEV is an emerging oil and gas company that has both oil and gas producing
properties. MSEV's goal is to become a junior oil and gas producer that focuses
on the exploration, discovery and delivery of gas and oil to the North American
marketplace. MSEV currently has multiple independent sources of oil and/or gas
revenue from production in Canada and Texas. MSEV is presently involved in
multiple oil and gas prospects, and continues to look for additional projects
that would contribute to building MSEV's market capitalization including the oil
sands of Canada.
If you have any questions, please call MSEV at (604) 646-6903. If you would like
to be added to MSEV's update email list, please send an email to
info@micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates," "predicts,"
"potential" or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our industry's
actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which they are based,
are made in good faith and reflect our current judgment regarding the direction
of our business, actual results will almost always vary, sometimes materially,
from any estimates, predictions, projections, assumptions or other future
performance suggested herein. Except as required by applicable law, including
the securities laws of the United States, the Company does not intend to update
any of the forward-looking statements to conform these statements to actual
results. Readers are referred to the sections entitled "Risk Factors" in the
Company's periodic filings with the United States Securities and Exchange
Commission, which can be viewed at www.SEC.gov. For all details regarding
working interests in all of MSEV's oil and gas prospects or any previous news
releases go to the SEC website. You should independently investigate and fully
understand all risks before making investment decisions.
CONTACT: Micron Enviro Systems, Inc.
Bernie McDougall
TEL: (604) 646-6903
Fax: (604) 689-1733
ir@micronenviro.com
www.micronenviro.com
CHDT--.027-- China Direct Trading Corp. announced today record monthly gross revenues of $688,000 for
January 2006. The sale of power generators by Complete Power Solutions
(CPS), a subsidiary of CHDT, accounted for $610,000 of the sales for the
month. The January 2006 gross revenue figure is a 940% increase over total
gross revenues of $73,000 for all CHDT operations for the entire first
month of FY2005.
Based on current consumer demand for power generators and the January 2006
sales results, CHDT is projecting first quarter FY2006 gross sales of $2.2
Million in power generators and $250,000 in sales from Souvenir Direct Inc.
giving the company projected combined revenues of 2,450,000 for the first
quarter of 2006.
CPS is a Full-Service Authorized Guardian Dealer and Exclusive Home Depot
Supplier in Broward and Palm Beach areas providing residents and commercial
establishments within the State of Florida with Automatic Standby
Generators. The company offers a turnkey power solution from sales,
permitting, delivery, installation, maintenance and service of generators
including the fuel tanks. They also sell a Pre-Engineered proprietary
concrete installation pad designed to reduce Noise and to Minimize
Vibration (STC Rating of 48) and it is 1/3 the weight of normal concrete.
All products can be seen at www.completepower247.com
China Direct Trading Corp. (www.chinadirecttradingco.com) is a holding
company creating vertical subsidiaries that involve trade between the US
and China. One subsidiary, Souvenir Direct Inc. (SDI), is engaged in
product development, manufacturing, distribution, logistics, and product
placement into mass retail of souvenir and gift items in 29 countries.
Overseas Building Supply (OBS) is engaged in manufacturing, distribution,
and logistics of building materials including but not limited to
generators, roof tiles, interior doors, and insulation materials. CPS is a
majority-owned subsidiary engaged in a turnkey solution for standby power
generation.
FORWARD-LOOKING STATEMENTS: This press release, including the financial
information that follows, contains "forward-looking statements" as that
term is defined in the Private Securities Litigation Reform Act of 1995.
These statements are based on management's current expectations and involve
risks and uncertainties, which may cause results to differ materially from
those set forth in the statements. The forward-looking statements may
include statements regarding perceived market or customer demand, product
development, product potential or financial performance. Statements about
perceived consumer interest are based on the number of inquiries and orders
for products received by CHDT or its subsidiaries as compared to earlier
periods and are not based on any independent analysis or third party
verification of such interest. No forward-looking statement can be
guaranteed, and actual results may differ materially from those projected.
CHDT undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events, or
otherwise. Forward-looking statements in this press release and risks
associated with any investment in CHDT, which is a "penny stock" company,
should be evaluated together with the many uncertainties that affect CHDT's
business, particularly those mentioned in the cautionary statements in
current and future CHDT's SEC Filings, which statements CHDT incorporates
by reference herein.
Contact:
Howard Ullman
954-252-3440
CWLC --.123-- China Wireless Communications, Inc. , is pleased to announce that
it has signed a re-seller agreement with the Valere Power of Richardson,
Texas.
About Valere Power
Valere Power, headquartered in Richardson, TX, is an advanced AC/DC power
system company with proprietary technologies that reduce power dissipation and
system size, simplify installation, and offer advanced remote monitoring for
telecommunications service providers and enterprises. More information is
available at www.valerepower.com. Their customer base includes SBC, Alcatel,
Time Warner Telecom and MCI. On October 19, 2005, Valere Power announced it
had been named a Rising Star on the 2005 Deloitte Technology Fast 500, a
ranking of the 500 fastest growing technology companies in North America. A
special category, the Rising Star list ranks the 25 winners that have been in
business three or four years. They are ranked based on percentage revenue
growth over three years from 2002 to 2004.
China Wireless Communications Inc. Marketing Strategy
China Wireless strategy is to partner with strategic Information
Technology companies that manufacture products that can be marketed in North
America and China. These products will add to the company's mission to
improve and increase its customer base with sound information technology
products and services through leadership and standards of excellence.
China Wireless will continue to partner with existing companies already in
North America and China as a Value Added Re-Seller. This allows China
Wireless to provide engineering services in conjunction with the products
being delivered. China Wireless will not only market Valere Power systems,
but will provide installation, testing and maintenance services to their
customers.
Through this partnership China Wireless will become a key player in the
48v DC power system marketplace. In addition to products, we will also
provide post and pre engineering services, installation and maintenance. With
these services and products China Wireless will continue to become a premier
value added reseller in the information technology sector and increase our
North American customer base.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is
focusing its efforts on becoming a premier information technology company in
China. The information technology business is developing quickly in China and
we are becoming a major player in its development. The company provides
business solutions to clients which include systems integration, broadband
data services, support for Internet access and Voice over IP in China. Our
systems provide redundant high-speed network access connections, and transport
services that include IP data, video and ISP services. Another key component
to building the company's broad base information technology products and
services in China, including computer installation and maintenance, broadband
transport service, server installation maintenance and support, internet
services, broadband transport redundancy, fixed wireless transport and
information hosting.
Forward Looking Statements:
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements." The company intends that
such statements about the Company's future expectations, including future
revenues and earnings, and all other forward-looking statements be subject to
the safe harbors created thereby. Since these statements (future operational
results and sales) involve risks and uncertainties and are subject to change
at any time, the Company's actual results may differ materially from the
expected results.
CONTACT:
Michael Bowden
Chief Operations Officer
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
www.chinawirelesscommunications.com
303.277.9968 Office
SOURCE China Wireless Communications, Inc.
Contact Information:
Michael Bowden, Chief Operations Officer of China Wireless Communications, Inc., +1-303-277-9968, info@chinawirelesscommunications.com
WebSite:
TAG Oil TAGOF .63- Independent Canadian
oil and gas exploration company announced
today the acquisition of new properties in the proven Taranaki Basin, New
Zealand.
TAG Oil Ltd., in a 50/50 Joint Venture with partner Austral Pacific Energy
Ltd., has acquired all the onshore New Zealand assets of Australian-based Tap
Oil Limited. The acquisition has further increased TAG's working interest in
three of eight existing TAG permits within the onshore Taranaki, as well as
adding strategic new acreage in six additional onshore permits. Drilling and
completion inventory was also acquired by the Joint Venture. All new lands are
exploration permits with the exception of PMP 38153, a production permit known
as the Kahili Mining License.
According to Drew Cadenhead, CEO of TAG Oil: "The lands acquired from Tap
are contiguous with our existing focus in the production fairway of onshore
Taranaki. We're happy to increase our interest in existing projects like our
SuppleJack gas/condensate project. Since Christmas, we have more than doubled
our net acreage in this key area from 30,000 acres to 66,000 acres."
"We are at a much higher working interest in our 3-D seismically defined
Waitoriki deep gas prospect scheduled to be drilled later this year, and we've
added a number of new deep gas prospects, including an upcoming well within
the Kahili Mining License. In 2002, Austral and its JV partners made an
exciting discovery with the Kahili-1 well which flowed significant quantities
of gas, but once put into full time production, it unexpectedly stopped
producing. Newly acquired seismic has led to an updip location planned for
later this year. NGC, a major gas infrastructure company in New Zealand built
a production facility on this Permit for the Kahili-1 well, which now sits
idle and will provide immediate market access for any new discoveries," Mr.
Cadenhead concluded.
Completion of the Tap acquisition is subject to MED approval.
An update on TAG Oil interests in the Taranaki Basin can be found at the
following link, on the company's website:
http://www.tagoil.com/oil-natural-gas-operations/taranaki-oil-gas-
operations.asp. An updated overview of all TAG Oil holdings can be found at
http://www.tagoil.com/oil-natural-gas-operations .
About TAG Oil:
TAG Oil Ltd. is an independent Canadian oil and gas exploration company
with a well-balanced portfolio of assets in and around the Canterbury and
Taranaki basins of New Zealand. This regional focus supports the Company's
mandate to explore in countries with low political risk and low government
taxation, through the establishment of a portfolio of both high risk/high
reward exploration projects and low risk/moderate reward acreage in producing
basins. With exploration permits totaling 4,133,576 gross acres (net
1,535,935) TAG Oil is one of the largest holders of prospective acreage in New
Zealand.
TAG Oil trades on the TSX Venture Exchange (TSX-V) with the ticker symbol
TAO, and on the OTCBB with the symbol TAGOF. More information is available on
the Company's website at: www.tagoil.com.
Forward Looking Statements:
Statements contained in this news release that are not historical facts
are forward-looking statements that involve various risks and uncertainty
affecting the business of TAG Oil. Actual results may vary materially from the
information provided in this release. As a result there is no representation
by TAG Oil that actual results realized in the future will be the same in
whole or in part as those presented herein. Actual results may differ
materially from the results predicted, and reported results should not be
considered as an indication of future performance. Factors that could cause
actual results to differ from those contained in the
forward-looking statements are set forth in filings that the Company has made,
including the Company's most recent reports in Canada under National
Instrument 51-102 and in the United States under Forms 20-F and 6K. The TSX
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
SOURCE TAG Oil Ltd.
Contact Information:
Jeanette Long, +1-866-526-2650, ext. 710, or jlong@mcorpmail.com, for TAG Oil Ltd.
WebSite:
http://www.tagoil.com
RSMI -- .107-- Rim Semiconductor Company , an emerging
provider of semiconductors to the broadband telecommunications
industry, has completed a representative agreement with Asiakey
Technology Ltd. launching sales and marketing programs in China,
Singapore and Taiwan.
China leads the DSL world with over 21 million subscribers
followed by the US, which has close to 16 million, according to
researcher In-Stat. It has grown from a $2 billion semiconductor
market during the 90's to the third-largest semiconductor-consuming
country worldwide. China will continue to grow at twice the pace of
the entire semiconductor industry over the next five years. The
Embarq(TM) family of transport processors delivers 30% more payload at
6,500 feet and 50% longer reach over copper, exceeding the competition
and meeting the geographic requirements of the Asian market service
providers.
Asiakey's core team is made up of experienced semiconductor sales
and marketing veterans who have successfully introduced start-ups like
Virata, Brecis, PLX, and Netchip to the Asian marketplace.
"Asiakey has contributed to the success of many startup companies
that went IPO or were acquired." Paul Lin, Director of Asiakey
Technology. "Based on our conversations with our existing customers,
we believe Rim Semiconductor's Embarq(TM) product line is superior to
the competition and will have tremendous success in our market place."
"Now more than ever it is important to invest and participate in
the China semiconductor market to capitalize on the opportunities,"
states Brad Ketch, president and chief executive officer of Rim
Semiconductor Company. "We are very excited to have Asiakey's
experienced team representing Rim and Embarq(TM) in Asia."
About Asiakey Technology Ltd.
Asiakey is an independent representative with sales & marketing
offices in Singapore, Taiwan and China which are the heart of design &
manufacturing activities in Asia. Asiakey is part of Asaiki Group
which consist of the following companies: Asaiki Pte Ltd, Asaiki
Technology Pte Ltd, Asiakey Technology Co. Ltd, Asiakey Technology
(HK) Ltd, Asiakey Technology (Shanghai) Co. Ltd and Takeiki Pte Ltd
About Rim Semiconductor Company
Based in Portland, Oregon, Rim Semiconductor is an emerging
fabless communications semiconductor company. It has made available an
advanced technology that allows data to be transmitted at greater
speed and across extended distances over existing copper wire. For
more information, visit www.rimsemi.com.
With the exception of historical information contained in this
press release, this press release may include "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements involve risks and uncertainties
that could cause actual results to differ materially from those in the
forward-looking statements, including but not limited to the
following: product development difficulties; market demand and
acceptance of products; the impact of changing economic conditions;
business conditions in the Internet and telecommunications industries;
reliance on third parties, including potential suppliers, licensors,
and licensees; the impact of competitors and their products; risks
concerning future technology; and other factors detailed in this press
release and in the company's Securities and Exchange Commission
filings. Rim Semiconductor is under no obligation and does not assume
any obligation to revise or update any forward looking statement in
this press release in order to reflect events or circumstances that
may arise in the future.
KEYWORD: ASIA PACIFIC NORTH AMERICA OREGON UNITED STATES CHINA SINGAPORE TAIWAN
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS NETWORKS TELECOMMUNICATIONS PRODUCT/SERVICE
SOURCE: Rim Semiconductor Company
CONTACT INFORMATION:
Rim Semiconductor Company
Brad Ketch, 503-257-6700
info@rimsemi.com
Quest Oil Corporation QOIL is pleased to announce that the Company has entered an acquisition memorandum with
Longleaf Petroleum LLC, L-Texx Production LP and L-Texx Management LLC of
Arlington, Texas ("Longleaf") for $6,500,000.
The "deemed" purchase price is US$6.5 million including a US$100,000 deposit, 2
million shares of Quest restricted common stock subject to certain liquidation
restrictions and US$1,200,000 payable at the time of closing. In addition, if at
a date which is two years from the date of the closing, the 10 day average
trailing closing price of our common stock is: (i) between US$1.50 and US$2.50,
Quest shall issue to the sellers such additional shares of our restricted common
stock to bring the total value of the stock paid as consideration in the
transaction equal to US$5 million; or (ii) less than US$1.50, the sellers will
be entitled to a cash payment of US$5 million and the sellers shall return to
the corporation all common stock issued in the transaction.
Upon completion of the acquisition, the company's daily production will increase
from approximately 225 BOEPD to around 450 BOEPD. Longleaf's assets comprise
approximately 3,500 acres in Harrison County located 10 miles from Waskom,
Texas. There are 52 producing wells, 8 water disposal wells and 47 idle wells of
which 38 are considered production candidates. The field currently produces
about 200 net BOEPD to Longleaf, from several zones including the
Fredericksburg, Rodessa and Blossom formations. The acquisition includes
approximately 600 acres of deep rights in the Petit and Travis Peak formations.
The acquisition also includes 2 workover rigs, 15 company vehicles, compressors
and associated equipment with a book value of $1,800,000 along with the 7.5 mile
long Dula Pipeline, a gas collection line with a replacement value of over $7
million.
Bill Stinson, Quest's President and CEO, stated: "This landmark acquisition
demonstrates our management's commitment and ability to execute Quest's business
strategy of acquiring mature onshore U.S. assets that hold significant upside
potential through secondary recovery (waterflooding) and enhanced oil recovery
(EOR). We will continue to execute this strategy aggressively and will do so as
long as opportunities such as Longleaf present themselves."
OTHER COMPANY NEWS
Quest announced today that Mr. Cameron King has tendered his resignation as
President and Chief Executive Officer of the Company, effective February 24,
2006. Quest is proud to announce that Chief Operating Officer, Mr. William
Stinson will assume the role of President and CEO. Mr. Stinson brings over 28
years experience in the oil and gas industry, with both technical and management
experience. Mr. Stinson advises, "On behalf of the board, I would like to thank
and commend Mr. King for all his hard work and efforts in establishing the
company in its early stages. I look forward to moving ahead as President and CEO
and will continue the company's vision of being a major force in the oil and gas
sector."
ABOUT QUEST OIL CORPORATION
The Company is committed to the exploration and development of economical oil
and natural gas reserves globally. Quest management is focused on an acquisition
program targeting high quality and low risk prospects. Initially Quest is
focused on the development of North American oil and gas resources allowing
highly leveraged production opportunities in Alberta and Texas, through its 100%
owned subsidiaries Quest Canada Corp. and Wallstin Petroleum LLC.
ON BEHALF OF THE BOARD
Quest Oil Corporation "William Stinson" William Stinson, President/CEO
To find out more about Quest Oil Corporation (OTCBB:QOIL), visit our website at
www.questoil.com.
INFORMATION REGARDING FORWARD-LOOKING STATEMENTS: Except for historical
information contained herein, the statements in this news release are
forward-looking statements that are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
our actual results in future periods to differ materially from forecasted
results. These risks and uncertainties include, among other things, volatility
of natural resource prices, product demand, market competition, and risks
inherent in our operations. These and other risks are described in our Annual
Report on Form 10-KSB and other filings with the Securities and Exchange
Commission.
CONTACT: Quest Oil Corporation
Darren Hayes, VP Corporate Development
dhayes@questoil.com
SCII-- 1.0 -- WOW - Stem Cell Therapy International, Inc., a leading company in the field of research and development of stem
cell transplantation (SCT) therapy and regenerative medicine, reported
today the successful results of a case of stem cell transplantation
performed last November on a 42-year-old man, who was diagnosed with
progressive multiple sclerosis (MS) three years ago.
Samuel Bonnar, a shop owner in Newtownabbey, Ireland, was experiencing
increasing debilitation including difficulty speaking and the effects of
poor circulation. He needed crutches to walk and was able to climb stairs
only by lifting his left leg with his arm with each step. He had received
traditional treatment for MS at two hospitals in Ireland with little to no
effect. The traditional prognosis for MS victims is ever-increasing
debilitation leading to death.
Calvin Cao, CEO of Stem Cell Therapy International (SCTI), said Mr. Bonnar
sought alternative treatment for his condition, first learning about stem
cell transplantation therapy in the United Kingdom from the non-profit
newsletter, "Different Strokes," that detailed the positive treatment of
Belfast native Ian McBride, who had suffered a stroke and was successfully
treated with stem cell transplantation at the SCTI affiliated medical
facility in 2005.
Calvin Cao said SCTI arranged for Mr. Bonnar to be treated with injections
of a stem cell biological solution at the SCTI affiliate medical facility
in Kiev, Ukraine on November 27th, 2005. "The positive results of the
therapy were remarkable and almost instant," Mr. Cao reported. "Within a
few days, Mr. Bonnar's speech and mobility were vastly improved and after
two weeks he had regained the ability to climb a full set of stairs without
having to lift his left leg with his hand. Numbness in the fingertips of
both hands subsided and occurs now only occasionally."
In a correspondence with SCTI in mid-December, Mr. Bonnar recounted the
results: "After the treatment, my speech improved dramatically. It is
almost back to the way it was. Other people have commented on the dramatic
difference. The doctors at the hospital said it would take two-to-three
months to see the full effect of the stem cell transplantation therapy. It
has now been 2 1/2 weeks since the treatment and already there is
noticeable improvement."
SCTI has posted a video clip on its web site made in Kiev that shows Sam
Bonnar describing his condition both before and after the treatment. To
view the video clip, go to: http://www.scticorp.com/sam.cfm.
Calvin Cao said Mr. Bonar's progress will be monitored over the next six
months. There is no follow-up treatment planned at this time. He said that
Dr. Weinwen Deng, Ph.D., an expert in stem cell therapy from Tulane
University and a member of the SCTI Medical and Scientific Advisory Board,
has been asked to prepare a scientific abstract on the case and submit it
to an appropriate scientific journal for publication.
"Sam Bonnar's improvement, along with Ian McBride's, provides increasing
evidence of the efficacy of stem cell transplantation therapy and, we
believe, will encourage stem cell researchers worldwide to promote
widespread acceptance of stem cell therapy worldwide," Mr. Cao said.
He said, "The stem cell therapy procedure Mr. Bonnar received at the clinic
is based on the use of the stem cell biological solution, which is part of
the exclusive license agreement SCTI has for the use of 26 patents related
to stem cell technology from the Institute of Cell Therapy (ICT). Mr.
Bonnar's is another successful case we have treated using our stem cell
biological solution and the results have exceeded our expectations."
With the enactment of Proposition 71 in California in November 2004, a fund
of $3 Billion was created to fund stem cell research. Since then four other
states, New Jersey, Connecticut, Illinois and Wisconsin, have allocated
funds for stem cell research. For additional information about SCTI and its
stem cell treatment procedures, you can visit their website @
www.scticorp.com.
About Stem Cell Therapy International
Stem Cell Therapy International, Inc. is engaged in the field of research
and development of regenerative medicine. SCTI manufactures allo stem cell
biological solutions that are currently being used in the treatment of
patients suffering from degenerative disorders of the human body such as
Alzheimer's, Parkinson's Disease, ALS, leukemia, muscular dystrophy,
multiple sclerosis, arthritis, spinal cord injuries, brain injury, stroke,
heart disease, liver and retinal disease, diabetes as well as certain types
of cancer. The Company has established agreements with highly specialized,
professional medical treatment facilities around the world in locations
where stem cell transplantation therapy is approved by the appropriate
local government agencies. SCTI intends to provide these biological
solutions containing stem cell products in the United States to
universities, institutes and privately funded laboratory facilities for
research purposes and clinical trials. Its products, which are available
now, include various allo stem cell biological solutions containing (human
stem cells), low-molecular proteins and human growth factor hormones.
Forward-Looking Statements
This report includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934. The information in this news release
includes certain forward-looking statements that are based upon assumptions
that in the future may prove not to have been accurate and are subject to
significant risks and uncertainties, including statements as to the future
performance of the company. Although the company believes that the
expectations reflected in its forward-looking statements are reasonable, it
can give no assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to
differ include, but are not limited to, successful performance of internal
plans, product development acceptance, and the impact of competitive
services and pricing and general economic risks and uncertainties.
For more information, please contact:
Stem Cell Therapy International, Inc.
Calvin Cao
Chairman and CEO
Stem Cell Therapy International, Inc.
E: Calvin@scticorp.com
Investor Relations
Arun Chakraborty
Investor Relations
Stern & Co.
T: 212-888-0044
E: achakrab@sternco.com
Media Relations
Stan Froelich
VP, Media Relations
Stern & Co.
T: 212-888-0044
E: sfroelich@sternco.com
do you need a perscription for that wonder cure
see ya all, shutting this thing off
don't fall in love with it chief, a wize man once told me
STTK- Smart-tek Communications
Inc. announced today the completion of its RFID tracking and containment system
for its parent company, Smart-tek Solutions, Inc. (OTCBB:).
The system, "RTAC-PM," short for "RFID Tracking Alert Containment and Poultry
Monitoring," was designed for livestock monitoring and is targeted specifically
for the poultry industry in conjunction with attempts to contain the possible
spread of the H5N1 Avian Influenza. The RTAC-PM system incorporates leading edge
technology and is customized around our customers' requirements with the
flexibility to adapt to various types of OEM products.
"At its core, the RTAC-PM System utilizes the Internet to report detailed,
real-time information about events in the poultry supply-chain to a central
monitoring station," said Perry Law, President of Smart-tek Communications, Inc.
"The system allows a central agency to monitor the flow of product over an
arbitrary area, from a small town all the way up to an entire country. With
built-in alert monitoring protocols, the RTAC-PM system provides instant alert
notification of events that could indicate anomalies that, subject to
investigation protocols, could indicate the onset of disease outbreak to the
central agency."
Law said the RTAC-PM system will provide information that is vital to the
central agency, allowing them to rapidly respond to threats of disease outbreak.
Alert events include excessive mortality rates during growth, and unusual
patterns of movement that could signify an attempt to cover-up disease outbreaks
by poultry farmers. Alert events will allow the central agency to dispatch
inspectors to investigate, thus focusing monitoring efforts on the areas most
likely to be at risk.
"In the poultry industry, there are only a few stages of the production cycle,"
added Law. "With eggs from the egg supplier, chick producers produce the newborn
chicks which are then sent to a farm where the birds are fed and grown. Once the
chicken crop reaches maturity, they are processed. The entire life cycle from
chick to maturity is only approximately eight weeks.
"Information about the production cycle of each specific flock is captured and
recorded at the chick producer, growing farm and processing plant. Utilizing our
customized tags and tagging equipment, the RFID bird tag is designed to allow
for bird growth and durability. Our unique tag is re-useable for many crops.
Information such as date of birth, birth location, breed, and farmer information
can be collected by the central government agency, and available to authorized
users via the Internet."
In addition to recording the movements of the birds themselves, the RTAC-PM
system can also track the movements of containers, cages, and trucks used to
transport poultry among the various facilities involved in the production
process. Furthermore, the system will be capable of tracking the finished
product (both for domestic and export consumption) all the way to the consumer,
providing complete traceability from egg to supermarket, making this the most
advanced tracking system in any food-related industry.
"Through superior application of world-class RFID and information technologies,
the end result of our system will be to provide the central agency with the
tools it needs to monitor poultry movement. With agency-designed alerts, the
RTAC-PM system will allow the deployment of agency protocols to rapidly and
effectively contain an outbreak of disease," Law said.
Working in cooperation with other industry best-practices for the prevention and
containment of disease, the RTAC-PM System is expected to be an invaluable asset
to any governmental agency responsible for the safety of the food supply and
preventing the spread of Avian Flu.
The Company also announced that it is now ready to move forward with the test
trials of the RTAC-PM system in China in March 2006 and not in February as
previously anticipated.
"Everything is now in place to launch definitive testing in mid-March," said
Law. "At that time we will be conducting two tests/demos with various government
agencies and authorities. While we are disappointed in the scheduling delays, we
are charting some new territory and we want to be assured that our system is
operating to the exacting standards required to achieve desired results."
About Smart-tek Solutions Inc.
Smart-tek Solutions Inc. is a technology holding company in the security and
surveillance sector providing turnkey state-of-the-art systems design and
installation through its wholly owned subsidiary, Smart-tek Communications, Inc.
Smart-tek Communications, Inc. is the Company's initial acquisition in this
sector and is appropriately positioned to pursue additional acquisitions in
order to restore and enhance shareholder value.
Smart-tek Communications Inc. is a market leader in integrated security, voice
and data communication systems. Located in Richmond, British Columbia, SCI
specializes in the design, sale, installation and service of the latest in
security technology with proven electronic hardware and software products. SCI
has positioned itself as a security systems leader in the Greater Vancouver
area, supplying over 45% of new downtown core construction projects. Valued
customers include major developers, general and electrical contractors,
hospitals, Crown Corporations, law enforcement agencies and retail facilities.
Projects range from high-end residential and commercial developments to system
upgrades and monitoring contracts. SCI's continued growth and success is a
direct result of providing a consistently superior product at competitive
pricing to both new and existing clients. SCI's stellar client retention is in
itself a testimonial to the overall excellence of the product designed and
installed.
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Statements regarding the
Company's business which are not historical facts are forward-looking statements
that involve risks and uncertainties that could cause actual results to differ
materially from the potential results discussed in the forward-looking
Premium Petroleum Inc. PPTL is pleased to
announce that drilling is progressing on the Boyne Lake gas prospect.
The drill bit was at about 374 feet or 114 meter depth this morning
and drilling surface hole. The drilling is expected to take several
days, barring any unforeseen issues.
As previously reported, the seismic program on this prospect was
comprised of three seismic lines for a total of 8.6 km (5.4 mi). The
lines tie in the neighbor's successfully tested well (3.4 million
cubic feet of gas per day absolute open flow) three quarters of a
mile northwest of the property and in addition, also incorporate
parts of two neighboring sections along with the company owned
section comprising the Boyne Lake Prospect. This prospect is
approximately 45 miles from Athabasca, Alberta.
"Again good luck has been on our side as we got the rig erected
before about one foot of snow that fell in Boyne Lake area prospect
this week," commented Bruce A. Thomson, B.A.Sc.; President & CEO. "We
also have been fortunate to obtain a rig commitment within a three
week time frame. In these times of high rig demand, it is not
uncommon for a company to wait sometimes months to obtain a rig,"
concluded Thomson.
About Premium Petroleum, Inc.
Premium is set to exploit petroleum and natural gas reserves in
an environment of unprecedented commodity prices and under the
guidance of a highly qualified management and technical team.
Premium is an emerging junior oil and gas company financially
well connected, coupled with a strong management and technical team
focused on exploiting oil and gas reserves in the Western Canadian
Sedimentary basin to 6000 feet in depth. Management intends to pursue
a growth strategy through Land Assembly, Joint Ventures (Farmin /
Farmout), and Acquisitions. The Company has assembled a seasoned team
of managers and technical professionals in the areas of geology,
engineering, and legal. With the depth of the management and
technical team we have assembled, Premium is poised for aggressive
asset growth and development.
For more detail about the company, its management, and projects,
please refer to our web site: www.premiumpetroleum.com.
This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Act of 1934, as amended; such
statements are subject to risks and uncertainties that could cause
actual results to vary materially from those projected in the
forward-looking statements. The Company may experience significant
fluctuations in operating results due to a number of economic,
competitive and other factors. These factors could cause operations
to vary significantly from those in prior periods, and those
projected in forward-looking statements. Information with respect to
these factors, which could materially affect the Company and its
operations, are included on certain forms the Company files with the
Securities and Exchange Commission.
Premium Petroleum, Inc. (PINK SHEETS:PPTL)
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES CANADA
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Premium Petroleum, Inc.
CONTACT INFORMATION:
Premium Petroleum, Inc.
Bruce Thomson
(403) 264-2710
brucethomson@premiumpetroleum.com
www.premiumpetroleum.com
everybody bring what they can to the table, that's what makes a team
what I do wrong this time
RSHN RushNet, Inc. is pleased to
announce that its licensing agreement with Rush Beverage Company now covers
all of Japan and its vast affluent market. Pursuant to the expansion of
RushNet's licensed territory into the Far East, the company reports it is
in talks with high-level Japanese retail and advertising groups to make
available Rush Ginseng Cola(TM) (12 fl. oz. cans), Rush Ginseng Cola
XXX(TM) energy drink (8.45 fl. oz. cans) and Ginseng Rush XXX(TM) energy
drink (8.45 fl. oz. cans) in retail venues and vending machines throughout
the nation of Japan. RushNet further announced that it is hiring additional
personnel to manage its ginseng division in expectation of significant
export sales.
Robert J. Corr, president of RushNet, Inc., stated, "We are delighted with
the response of key Japanese executives to our licensed beverages
containing Wisconsin-grown residue-free American ginseng (Panax
quiquefolius). The Japanese have deep understanding and historic knowledge
of the value and benefits of ginseng beverages. They fully appreciate the
unrivaled potency and purity of the American ginseng we employ in our
all-natural products. They want the best ginseng beverages money can buy,
and RushNet can satisfy this demand."
Corr added, "We have recruited Brian Freestone, founder of Direct Beverage
Co., as our export agent. Mr. Freestone will oversee the retail launch of
our beverages into the Japanese market. Additionally, Mr. Freestone has
arranged for La Familia Distributors of Dallas, Texas to act as
distribution center of Rush beverages for the Southwestern United States.
La Familia operates the central distribution center for 7-11 stores in
Dallas and also distributes to more than 3000 convenience stores. It
handles distribution accounts for the Indian nation and Cashway stores. Mr.
Freestone has received positive response for Rush beverages from several
large vending machine operators, as well."
RushNet Inc. is the licensed marketing agent for Rush Beverage Company
products including Ginseng Rush®, Rush Ginseng Cola(TM) and energy drinks
Rush Ginseng Cola XXX(TM) and Ginseng Rush XXX(TM) energy drinks. RushNet,
Inc. is also brand owner of e-water(TM). www.enjoytherush.com
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995
for all public news releases. Statements, which are not historical facts,
are forward-looking statements. The company, through its management, makes
forward-looking public statements concerning its expected future
operations, performance and other developments. Such forward-looking
statements are necessarily estimates reflecting the company's best judgment
based upon current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors will not
affect the accuracy of such forward-looking statements. It is impossible to
identify all such factors. Factors which could cause actual results to
differ materially from those estimated by the company include, but are not
limited to, government regulation; managing and maintaining growth; the
effect of adverse publicity; litigation; competition; and other factors
which may be identified from time to time in the company's public
announcements.
Contact:
RushNet, Inc.
Robert Corr
708-389-6625
Pearl Asian Mining Industries, Inc. (OTC: PAIM) released
the first preliminary geo-survey report conducted by a Canadian
Geological Company.
The XYZ Gold Mine Site located in the Town of Baleno, Island of
Masbate, Philippines has very good potential and shows High-Grade Gold
Ores.
-0-
*T
SAMPLE GOLD SILVER COPPER MOLYB ZINC LEAD AS
(GpT) (PPM) (PPM) (PPM) (PPM) (PPM) (PPM)
----------------------------------------------------------------------
1 0.03 g less than 0.5 10 30 55 30 28
----------------------------------------------------------------------
2 0.04 g less than 0.5 70 20 85 10 9
----------------------------------------------------------------------
3 21.40 g 86.4 35 5 10 580 3
----------------------------------------------------------------------
4 1.35 g 1.8 150 15 20 70 4
----------------------------------------------------------------------
5 9.00 g 72.0 400 15 100 970 1
----------------------------------------------------------------------
6 0.15 g 8.1 560 10 70 45 1
----------------------------------------------------------------------
7 13.23 g 59.6 180 10 1100 1400 2
----------------------------------------------------------------------
8 90.37 g 533.6 300 2 7800 9400 1
----------------------------------------------------------------------
9 0.04 g 3.5 85 5 2000 850 38
----------------------------------------------------------------------
*T
Installation of a start-up production plant capacity of 200 Metric
Tons per day at the XYZ Gold Mine Site where the occurrence of the
High-Grade Gold Ores had been identified and documented: Gold Samples
were assayed at 1.35 grams per ton, 21.40 grams per ton and 90.00
grams per ton.
A. The estimated Average of 15.0 grams per ton of Gold Ore can produce
an output of approximately 3,750 grams of Gold per Day; with a
30-Day Month Production Output of 112.5 Kilograms or 3,617.20
Troy Ounces, which is equivalent to US$1,808,510.00 at a buying
price of $500.00 per Troy Ounce.
B. An Annual Gross Revenue from gold production of US$21,702,120.00
is estimated to be generated, aside from sales of silver and other
minerals. The 200 Tons per Day Processing Plant is planned to be
increased to 1,250 tons per day (Equivalent to 6.25 X 200 Tons per
day increased in a 6 -8 month period).
C. A 1,250 Tons per day Processing Plant is estimated to bring a
Monthly Gross Revenues of US$12,303,187.50 ($1,808,510 X 6.25);
or an estimated Annual Gross Income of US$14,638,250.00 from Gold
Production.
D. PAIM has a Macroscopic Plan for the whole Masbate Island because of
its Rich Gold potential. By implementing our Community Mining
Assistance Program to the whole Masbate Island, and improved
production capability of the Community Small Scale Miners, we are
expecting to acquire Additional Income of a minimum of 12
kilograms or approximately 387 Troy Ounces of Gold which is
estimated to be a Gross Revenue of approximately US$193,500.00
E. The $193,500 Gross Revenue Per Day multiplied by 30 Days, is
estimated to be US$5,805,000.00 and calculating for the whole
year (times 12 months) is estimated to be US$69,660,000.00 of
Annual Gross Revenue from the Community Small Scale Mining
Assistance Program.
F. XYZ GOLDPROJECT is estimated to generate a Total Gross Revenue for
the Gold Production, an equivalent of USD$217,298,250.00
which excludes the Revenues from Silver and other Precious Metals.
Forward-Looking Statements:
With the exception of historical information, this news release
and accompanying information may include forward-looking statements
that involved a number of risks and uncertainties. Actual results
could differ materially from those anticipated as a result of various
factors. There are numerous factors that could contribute to such
difference, therefore such projected events and anticipated results
are not warranties or guaranties that such events will occur or that
the Company will achieve such results.
KEYWORD: ASIA PACIFIC NORTH AMERICA SOUTH AMERICA WYOMING UNITED STATES PHILIPPINES
INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS
SOURCE: Pearl Asian Mining Industries Inc.
CONTACT INFORMATION:
Pearl Asian Mining Industries Inc. - Philippines
Investor Relations:
E. Pearl Asian, 650-814-3268
IR@PearlAsianMining.com
www. PearlAsianMining.com
Fax: 877-317-4430
just joking with Ya Chief
sorry chief I'm in love USXP
back in .019
opppss nevermind that