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oh yeaaa
UPDA blasting offf
get that paper to make them pockets fattaaaaaa
UPDA looks ready to blast offf!!!!!!!!
its gonna be a 12th round KOOOOOOOOO
AMHD is gonna take off!!
ANDL NEWS (HUGE NIZEWZ):
TULSA, Okla., Oct 11, 2005 (BUSINESS WIRE) -- Avondale Resources Corporation (Pink Sheets:ANDL) announced the acquisition of approximately 720 acres of oil and gas leases located in Kingfisher and Canadian Counties in Oklahoma. The Themer Lease, Helda Johnson Lease, Cline Lease, and the Charles Gruntmeir Lease are located in Kingfisher County Oklahoma. The Kremier Lease is located in Canadian County Oklahoma. Evaluation of possible re-entry and re-completion of existing, non-producing, wells cause the Company to believe there are significant reserves left behind by past operators. Currently there is no production on these leases. The Company owns a 78% Net Revenue Interest in the Leases. Re-completion of these wells commences following the Company's raising sufficient capital for such re-completion.
About Avondale Resources Corporation:
Avondale Resources Corporation is an oil and gas exploration company actively seeking to acquire and develop additional oil and gas properties in Kansas and Oklahoma. Company plans are to develop oil and gas assets through enhancement of mature fields, marginal wells and close-in drilling. For more information about the Company, please visit our website at: www.AvondaleResourcesCorp.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligations to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
ANDL up 20% + / ANDL Newz:
TULSA, Okla., Oct 11, 2005 (BUSINESS WIRE) -- Avondale Resources Corporation (Pink Sheets:ANDL) announced the acquisition of approximately 720 acres of oil and gas leases located in Kingfisher and Canadian Counties in Oklahoma. The Themer Lease, Helda Johnson Lease, Cline Lease, and the Charles Gruntmeir Lease are located in Kingfisher County Oklahoma. The Kremier Lease is located in Canadian County Oklahoma. Evaluation of possible re-entry and re-completion of existing, non-producing, wells cause the Company to believe there are significant reserves left behind by past operators. Currently there is no production on these leases. The Company owns a 78% Net Revenue Interest in the Leases. Re-completion of these wells commences following the Company's raising sufficient capital for such re-completion.
About Avondale Resources Corporation:
Avondale Resources Corporation is an oil and gas exploration company actively seeking to acquire and develop additional oil and gas properties in Kansas and Oklahoma. Company plans are to develop oil and gas assets through enhancement of mature fields, marginal wells and close-in drilling. For more information about the Company, please visit our website at: www.AvondaleResourcesCorp.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligations to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
thanx shakerzz
UPDA bustin out, load now, gonna take off w/ no limits
ACHI Newz:
PLYMOUTH, MI, Oct 11, 2005 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that as a result of a presentation by management of the Company to senior engineers at GM Powertrain last week, the Company has been asked to immediately commence trials on the application of its Laser Assisted Chip Control technology on parts submitted by GM Powertrain, a division of General Motors.
Marc Walther, President and CEO, reports that a high-level engineering source at GM Powertrain was quoted as saying, "We are enthusiastic about the AmeriChip technology and their ability to solve our chip control problems. The GM Powertrain Group has committed to immediately sending parts to AmeriChip for evaluation."
Over the past month the Company has met with and made presentations to GM and five (5) Tier One suppliers to the automotive industry. As a result, the Company is currently conducting pilot projects for all five companies. This includes, but is not limited to, meeting with senior engineers to assess their individual needs, preparing CADCAM drawings, conducting feasibility studies and preparing quotations for both application and production of the LACC process. Parts delivered by various potential customers, including GM Powertrain, are currently on site at the AmeriChip laboratory located within its licensed facility at KSI Machine and Engineering and are being evaluated.
Last month the Associated Press published an article where it reported that "GM rolls out new cost-cutting plan for suppliers -- Overall targets replaced by emphasis on individual parts." "At a time when the automotive industry is asking its suppliers, including those to whom AmeriChip has made recent presentations, to help cut costs to remain competitive globally, AmeriChip is poised to take the lead in this initiative," stated Ed Rutkowksi, Vice President Operations - Research & Development.
The Company also announced that it has a new corporate website at www.americhiplacc.com.
Headquartered in Plymouth, MI, AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost-saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or contact Rhonda Windsor at 905-898-2646 or send an e-mail to r.windsor@americhiplacc.com.
ACHI in the green, hovering over open, load up now, eralier NEWZ:
PLYMOUTH, MI, Oct 11, 2005 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that as a result of a presentation by management of the Company to senior engineers at GM Powertrain last week, the Company has been asked to immediately commence trials on the application of its Laser Assisted Chip Control technology on parts submitted by GM Powertrain, a division of General Motors.
Marc Walther, President and CEO, reports that a high-level engineering source at GM Powertrain was quoted as saying, "We are enthusiastic about the AmeriChip technology and their ability to solve our chip control problems. The GM Powertrain Group has committed to immediately sending parts to AmeriChip for evaluation."
Over the past month the Company has met with and made presentations to GM and five (5) Tier One suppliers to the automotive industry. As a result, the Company is currently conducting pilot projects for all five companies. This includes, but is not limited to, meeting with senior engineers to assess their individual needs, preparing CADCAM drawings, conducting feasibility studies and preparing quotations for both application and production of the LACC process. Parts delivered by various potential customers, including GM Powertrain, are currently on site at the AmeriChip laboratory located within its licensed facility at KSI Machine and Engineering and are being evaluated.
Last month the Associated Press published an article where it reported that "GM rolls out new cost-cutting plan for suppliers -- Overall targets replaced by emphasis on individual parts." "At a time when the automotive industry is asking its suppliers, including those to whom AmeriChip has made recent presentations, to help cut costs to remain competitive globally, AmeriChip is poised to take the lead in this initiative," stated Ed Rutkowksi, Vice President Operations - Research & Development.
The Company also announced that it has a new corporate website at www.americhiplacc.com.
Headquartered in Plymouth, MI, AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost-saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or contact Rhonda Windsor at 905-898-2646 or send an e-mail to r.windsor@americhiplacc.com.
UPDA bustin out loose, takin off
RNWK NEWZ:
SEATTLE, Oct 11, 2005 (AP Online via COMTEX) -- RealNetworks Inc. announced Tuesday it had settled its antitrust lawsuit against its longtime adversary Microsoft Corp., marking the end of the last major antitrust case against the world's largest software maker.
The digital media services company said three deals valued at $761 million included the formation of a music and games partnership with Microsoft and resolution of all the companies' antitrust disputes worldwide.
"Today we're closing one chapter and opening a new one in our relationship with Microsoft," Rob Glaser, RealNetworks' founder and CEO, said in a statement released before a joint news conference the companies scheduled Tuesday morning.
Seattle-based RealNetworks sued Microsoft in December 2003, accusing the world's largest software maker of illegally forcing Windows users to accept Microsoft's digital media player. RealNetworks said its player suffered as a result.
RealNetworks, whose media players distribute audio and video to devices ranging from computers to smart phones, also has been one of the last big commercial opponents in a European Union antitrust case against Microsoft.
In that case, Microsoft was ordered to produce a version of its Windows operating system stripped of its own multimedia player to provide a more level playing field for competitors led by RealNetworks. Microsoft is complying with the ruling while appealing it.
By ALLISON LINN AP Business Writer= biz_topic:Lawsuits;
SEATTLE, Oct 11, 2005 (AP Online via COMTEX) -- Microsoft and RealNetworks have settled their antitrust case and agreed to work together on promoting digital music and games.
In a news release the companies say the agreement is valued at $761 million dollars. Microsoft will pay Real $460 million dollars in cash to resolve damage claims and $301 million dollars in cash and services to support Real.
Real says it will support MSN Search and Windows media with Real's Rhapsody to Go.
RealNetworks CEO Rob Glaser says this closes one chapter and opens another with Microsoft.
Microsoft chairman Bill Gates says the agreement will provide MSN with easier access to subscription music and games.
The two are holding a news conference today in Seattle.
Copyright 2005 Associated Press, All rights reserved
New partnership brings Rhapsody(R) subscription service and RealNetworks' games to millions of Microsoft's MSN users
SEATTLE, Oct 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Microsoft (Nasdaq: MSFT) and RealNetworks, Inc. (Nasdaq: RNWK) today announced three agreements valued at $761 million to RealNetworks to settle their antitrust case and create a new partnership to innovate and promote consumer choices in digital music and games.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
The three agreements include an agreement to resolve all the companies' antitrust disputes worldwide; an agreement for a wide-ranging digital music collaboration between the parties, including promotional and marketing support of Real's leading digital music subscription service, Rhapsody(R), on MSN properties; and an agreement to offer RealNetworks' digital games through MSN Games and Xbox Live Arcade for Xbox 360.
Under the music and games agreements, Microsoft is scheduled to pay Real $301 million in cash and provide services over 18 months in support of Real's product development, distribution, and promotional activities. Microsoft will earn credits at predetermined market rates to be applied to the $301 million for subscribers delivered to Real through MSN. Additionally, Real will take steps to support MSN Search, and Real and Microsoft will jointly promote use of Windows Media technologies with Rhapsody to Go.
The antitrust and technology assurance agreement resolves all antitrust disputes worldwide, based on a $460 million up-front cash payment to resolve all damages claims and a series of technology licenses and commitments under which Real will obtain long-term access to important Windows Media technologies that will enhance Real's media software solutions.
"Today we're closing one chapter and opening a new one in our relationship with Microsoft," said Rob Glaser, Founder and CEO of RealNetworks. "The legal chapter is being closed with an appropriate and fair outcome that sets the stage for a very productive and collaborative relationship between our companies. By integrating Real's premier music and games services into Microsoft's very popular MSN service, we will reach more consumers today and deliver even better products and services tomorrow."
"This agreement will provide MSN's millions of customers with easier access to subscription services for the music and games they love," said Bill Gates, Microsoft's chairman and chief software architect. "Digital music is one of the fastest growing segments of the online entertainment industry, and by promoting Rhapsody's subscription music services from within MSN, we will provide a better experience for our users."
Music and Games Partnerships
Working together, Microsoft and Real will bring exciting new music experiences to consumers by featuring Rhapsody from within the MSN homepage, MSN Music, MSN Search, and MSN Messenger. The music collaboration agreement includes the following elements:
-- MSN Messenger users will be able to share and play music while
chatting, from the library of over 1 million songs in Rhapsody, in a
convenient and legal way;
-- MSN Search will use Rhapsody's critically acclaimed music editorial
catalogue to help users find the music they love and to discover new
artists;
-- The two companies will jointly develop and implement a search
integration plan which will enable Real's customers to easily use MSN
Search within RealPlayer;
-- MSN Search will feature Rhapsody links to music in music related search
results;
-- The agreement enables Real to purchase advertising on MSN Search and on
the MSN Network to promote Rhapsody;
-- Both companies will promote the use of Windows Media portable devices
for use with Rhapsody to Go.
Additionally, Microsoft and Real will collaborate in the casual games arena. Casual games has become a rapidly growing segment in digital entertainment and includes such games as the very popular Bejeweled(R) and SuperCollapse(R) as well as old favorites like Scrabble(R) and Solitaire. In this new games partnership, Real, a leading developer of casual games, will create a new subscription service to be offered on MSN Games and Real will also develop a series of new casual games for Xbox Live Arcade for Xbox 360.
Antitrust Settlement
Today's agreement includes a global settlement of all antitrust disputes, including the lawsuit brought by Real against Microsoft nearly two years ago in the United States and Real's participation in the proceedings initiated by the European Union and Korea. The agreement includes a variety of assurances regarding the design of the Windows operating system, including Windows Media Player, and access for Real to a broad range of Windows platform technologies. Among other things, Microsoft will provide Real expanded access and long-term licenses to a wide range of Windows Media and security technologies, that will enable Real to build services and software that enhance consumer's experience with Real's products and services and take advantage of innovations in Windows Vista. Under the agreement:
-- Microsoft and Real will work together to enhance the functionality and
performance of Real's software products and services on the Windows
operating system.
-- Over time, Microsoft will develop and document additional Windows media
interfaces that will enable Real to build richer, secure media
experiences that take advantage of a broader set of media
functionalities throughout Windows.
-- Microsoft will enhance consumers' ability to access Real's software
products in simple and straightforward ways, enabling consumers easily
to choose their preferred settings for playing media files and managing
other media experiences.
-- Microsoft will design Windows Vista so that if a user seeks to play a
Real media file that has no playback software on the PC, Windows will
redirect the user who consents to a web page that enables the user to
download the Real software needed to play the Real media file.
-- Microsoft and Real will work together to enhance interoperability
between Microsoft's Windows Media and Real's Helix Digital Rights
Management systems. Microsoft will also enable Real to facilitate the
playback of content on non-Windows portable devices and personal
computers using Windows Media DRM.
-- Microsoft has provided Real contractual assurances ensuring Real broad
access to the PC OEM distribution channel.
"This agreement ensures that Microsoft can innovate and that other media players can compete in a broad marketplace," said Brad Smith, senior vice president and general counsel at Microsoft. "We've resolved our disagreements from the past and put in place a foundation for collaboration in the future."
"Today's agreement is a significant achievement for our companies. In one stroke, we have fully resolved our outstanding antitrust claims and forged an alliance with a strong partner to deliver innovations in great new music and games to our customers," said Bob Kimball, senior vice president and general counsel at RealNetworks.
AND MORE................
RNWK NEWZ:
SEATTLE, Oct 11, 2005 (AP Online via COMTEX) -- RealNetworks Inc. announced Tuesday it had settled its antitrust lawsuit against its longtime adversary Microsoft Corp., marking the end of the last major antitrust case against the world's largest software maker.
The digital media services company said three deals valued at $761 million included the formation of a music and games partnership with Microsoft and resolution of all the companies' antitrust disputes worldwide.
"Today we're closing one chapter and opening a new one in our relationship with Microsoft," Rob Glaser, RealNetworks' founder and CEO, said in a statement released before a joint news conference the companies scheduled Tuesday morning.
Seattle-based RealNetworks sued Microsoft in December 2003, accusing the world's largest software maker of illegally forcing Windows users to accept Microsoft's digital media player. RealNetworks said its player suffered as a result.
RealNetworks, whose media players distribute audio and video to devices ranging from computers to smart phones, also has been one of the last big commercial opponents in a European Union antitrust case against Microsoft.
In that case, Microsoft was ordered to produce a version of its Windows operating system stripped of its own multimedia player to provide a more level playing field for competitors led by RealNetworks. Microsoft is complying with the ruling while appealing it.
By ALLISON LINN AP Business Writer= biz_topic:Lawsuits;
SEATTLE, Oct 11, 2005 (AP Online via COMTEX) -- Microsoft and RealNetworks have settled their antitrust case and agreed to work together on promoting digital music and games.
In a news release the companies say the agreement is valued at $761 million dollars. Microsoft will pay Real $460 million dollars in cash to resolve damage claims and $301 million dollars in cash and services to support Real.
Real says it will support MSN Search and Windows media with Real's Rhapsody to Go.
RealNetworks CEO Rob Glaser says this closes one chapter and opens another with Microsoft.
Microsoft chairman Bill Gates says the agreement will provide MSN with easier access to subscription music and games.
The two are holding a news conference today in Seattle.
Copyright 2005 Associated Press, All rights reserved
New partnership brings Rhapsody(R) subscription service and RealNetworks' games to millions of Microsoft's MSN users
SEATTLE, Oct 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Microsoft (Nasdaq: MSFT) and RealNetworks, Inc. (Nasdaq: RNWK) today announced three agreements valued at $761 million to RealNetworks to settle their antitrust case and create a new partnership to innovate and promote consumer choices in digital music and games.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
The three agreements include an agreement to resolve all the companies' antitrust disputes worldwide; an agreement for a wide-ranging digital music collaboration between the parties, including promotional and marketing support of Real's leading digital music subscription service, Rhapsody(R), on MSN properties; and an agreement to offer RealNetworks' digital games through MSN Games and Xbox Live Arcade for Xbox 360.
Under the music and games agreements, Microsoft is scheduled to pay Real $301 million in cash and provide services over 18 months in support of Real's product development, distribution, and promotional activities. Microsoft will earn credits at predetermined market rates to be applied to the $301 million for subscribers delivered to Real through MSN. Additionally, Real will take steps to support MSN Search, and Real and Microsoft will jointly promote use of Windows Media technologies with Rhapsody to Go.
The antitrust and technology assurance agreement resolves all antitrust disputes worldwide, based on a $460 million up-front cash payment to resolve all damages claims and a series of technology licenses and commitments under which Real will obtain long-term access to important Windows Media technologies that will enhance Real's media software solutions.
"Today we're closing one chapter and opening a new one in our relationship with Microsoft," said Rob Glaser, Founder and CEO of RealNetworks. "The legal chapter is being closed with an appropriate and fair outcome that sets the stage for a very productive and collaborative relationship between our companies. By integrating Real's premier music and games services into Microsoft's very popular MSN service, we will reach more consumers today and deliver even better products and services tomorrow."
"This agreement will provide MSN's millions of customers with easier access to subscription services for the music and games they love," said Bill Gates, Microsoft's chairman and chief software architect. "Digital music is one of the fastest growing segments of the online entertainment industry, and by promoting Rhapsody's subscription music services from within MSN, we will provide a better experience for our users."
Music and Games Partnerships
Working together, Microsoft and Real will bring exciting new music experiences to consumers by featuring Rhapsody from within the MSN homepage, MSN Music, MSN Search, and MSN Messenger. The music collaboration agreement includes the following elements:
-- MSN Messenger users will be able to share and play music while
chatting, from the library of over 1 million songs in Rhapsody, in a
convenient and legal way;
-- MSN Search will use Rhapsody's critically acclaimed music editorial
catalogue to help users find the music they love and to discover new
artists;
-- The two companies will jointly develop and implement a search
integration plan which will enable Real's customers to easily use MSN
Search within RealPlayer;
-- MSN Search will feature Rhapsody links to music in music related search
results;
-- The agreement enables Real to purchase advertising on MSN Search and on
the MSN Network to promote Rhapsody;
-- Both companies will promote the use of Windows Media portable devices
for use with Rhapsody to Go.
Additionally, Microsoft and Real will collaborate in the casual games arena. Casual games has become a rapidly growing segment in digital entertainment and includes such games as the very popular Bejeweled(R) and SuperCollapse(R) as well as old favorites like Scrabble(R) and Solitaire. In this new games partnership, Real, a leading developer of casual games, will create a new subscription service to be offered on MSN Games and Real will also develop a series of new casual games for Xbox Live Arcade for Xbox 360.
Antitrust Settlement
Today's agreement includes a global settlement of all antitrust disputes, including the lawsuit brought by Real against Microsoft nearly two years ago in the United States and Real's participation in the proceedings initiated by the European Union and Korea. The agreement includes a variety of assurances regarding the design of the Windows operating system, including Windows Media Player, and access for Real to a broad range of Windows platform technologies. Among other things, Microsoft will provide Real expanded access and long-term licenses to a wide range of Windows Media and security technologies, that will enable Real to build services and software that enhance consumer's experience with Real's products and services and take advantage of innovations in Windows Vista. Under the agreement:
-- Microsoft and Real will work together to enhance the functionality and
performance of Real's software products and services on the Windows
operating system.
-- Over time, Microsoft will develop and document additional Windows media
interfaces that will enable Real to build richer, secure media
experiences that take advantage of a broader set of media
functionalities throughout Windows.
-- Microsoft will enhance consumers' ability to access Real's software
products in simple and straightforward ways, enabling consumers easily
to choose their preferred settings for playing media files and managing
other media experiences.
-- Microsoft will design Windows Vista so that if a user seeks to play a
Real media file that has no playback software on the PC, Windows will
redirect the user who consents to a web page that enables the user to
download the Real software needed to play the Real media file.
-- Microsoft and Real will work together to enhance interoperability
between Microsoft's Windows Media and Real's Helix Digital Rights
Management systems. Microsoft will also enable Real to facilitate the
playback of content on non-Windows portable devices and personal
computers using Windows Media DRM.
-- Microsoft has provided Real contractual assurances ensuring Real broad
access to the PC OEM distribution channel.
"This agreement ensures that Microsoft can innovate and that other media players can compete in a broad marketplace," said Brad Smith, senior vice president and general counsel at Microsoft. "We've resolved our disagreements from the past and put in place a foundation for collaboration in the future."
"Today's agreement is a significant achievement for our companies. In one stroke, we have fully resolved our outstanding antitrust claims and forged an alliance with a strong partner to deliver innovations in great new music and games to our customers," said Bob Kimball, senior vice president and general counsel at RealNetworks.
AND MORE................
RNWK NEWZ:
SEATTLE, Oct 11, 2005 (AP Online via COMTEX) -- RealNetworks Inc. announced Tuesday it had settled its antitrust lawsuit against its longtime adversary Microsoft Corp., marking the end of the last major antitrust case against the world's largest software maker.
The digital media services company said three deals valued at $761 million included the formation of a music and games partnership with Microsoft and resolution of all the companies' antitrust disputes worldwide.
"Today we're closing one chapter and opening a new one in our relationship with Microsoft," Rob Glaser, RealNetworks' founder and CEO, said in a statement released before a joint news conference the companies scheduled Tuesday morning.
Seattle-based RealNetworks sued Microsoft in December 2003, accusing the world's largest software maker of illegally forcing Windows users to accept Microsoft's digital media player. RealNetworks said its player suffered as a result.
RealNetworks, whose media players distribute audio and video to devices ranging from computers to smart phones, also has been one of the last big commercial opponents in a European Union antitrust case against Microsoft.
In that case, Microsoft was ordered to produce a version of its Windows operating system stripped of its own multimedia player to provide a more level playing field for competitors led by RealNetworks. Microsoft is complying with the ruling while appealing it.
By ALLISON LINN AP Business Writer= biz_topic:Lawsuits;
SEATTLE, Oct 11, 2005 (AP Online via COMTEX) -- Microsoft and RealNetworks have settled their antitrust case and agreed to work together on promoting digital music and games.
In a news release the companies say the agreement is valued at $761 million dollars. Microsoft will pay Real $460 million dollars in cash to resolve damage claims and $301 million dollars in cash and services to support Real.
Real says it will support MSN Search and Windows media with Real's Rhapsody to Go.
RealNetworks CEO Rob Glaser says this closes one chapter and opens another with Microsoft.
Microsoft chairman Bill Gates says the agreement will provide MSN with easier access to subscription music and games.
The two are holding a news conference today in Seattle.
Copyright 2005 Associated Press, All rights reserved
New partnership brings Rhapsody(R) subscription service and RealNetworks' games to millions of Microsoft's MSN users
SEATTLE, Oct 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Microsoft (Nasdaq: MSFT) and RealNetworks, Inc. (Nasdaq: RNWK) today announced three agreements valued at $761 million to RealNetworks to settle their antitrust case and create a new partnership to innovate and promote consumer choices in digital music and games.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
The three agreements include an agreement to resolve all the companies' antitrust disputes worldwide; an agreement for a wide-ranging digital music collaboration between the parties, including promotional and marketing support of Real's leading digital music subscription service, Rhapsody(R), on MSN properties; and an agreement to offer RealNetworks' digital games through MSN Games and Xbox Live Arcade for Xbox 360.
Under the music and games agreements, Microsoft is scheduled to pay Real $301 million in cash and provide services over 18 months in support of Real's product development, distribution, and promotional activities. Microsoft will earn credits at predetermined market rates to be applied to the $301 million for subscribers delivered to Real through MSN. Additionally, Real will take steps to support MSN Search, and Real and Microsoft will jointly promote use of Windows Media technologies with Rhapsody to Go.
The antitrust and technology assurance agreement resolves all antitrust disputes worldwide, based on a $460 million up-front cash payment to resolve all damages claims and a series of technology licenses and commitments under which Real will obtain long-term access to important Windows Media technologies that will enhance Real's media software solutions.
"Today we're closing one chapter and opening a new one in our relationship with Microsoft," said Rob Glaser, Founder and CEO of RealNetworks. "The legal chapter is being closed with an appropriate and fair outcome that sets the stage for a very productive and collaborative relationship between our companies. By integrating Real's premier music and games services into Microsoft's very popular MSN service, we will reach more consumers today and deliver even better products and services tomorrow."
"This agreement will provide MSN's millions of customers with easier access to subscription services for the music and games they love," said Bill Gates, Microsoft's chairman and chief software architect. "Digital music is one of the fastest growing segments of the online entertainment industry, and by promoting Rhapsody's subscription music services from within MSN, we will provide a better experience for our users."
Music and Games Partnerships
Working together, Microsoft and Real will bring exciting new music experiences to consumers by featuring Rhapsody from within the MSN homepage, MSN Music, MSN Search, and MSN Messenger. The music collaboration agreement includes the following elements:
-- MSN Messenger users will be able to share and play music while
chatting, from the library of over 1 million songs in Rhapsody, in a
convenient and legal way;
-- MSN Search will use Rhapsody's critically acclaimed music editorial
catalogue to help users find the music they love and to discover new
artists;
-- The two companies will jointly develop and implement a search
integration plan which will enable Real's customers to easily use MSN
Search within RealPlayer;
-- MSN Search will feature Rhapsody links to music in music related search
results;
-- The agreement enables Real to purchase advertising on MSN Search and on
the MSN Network to promote Rhapsody;
-- Both companies will promote the use of Windows Media portable devices
for use with Rhapsody to Go.
Additionally, Microsoft and Real will collaborate in the casual games arena. Casual games has become a rapidly growing segment in digital entertainment and includes such games as the very popular Bejeweled(R) and SuperCollapse(R) as well as old favorites like Scrabble(R) and Solitaire. In this new games partnership, Real, a leading developer of casual games, will create a new subscription service to be offered on MSN Games and Real will also develop a series of new casual games for Xbox Live Arcade for Xbox 360.
Antitrust Settlement
Today's agreement includes a global settlement of all antitrust disputes, including the lawsuit brought by Real against Microsoft nearly two years ago in the United States and Real's participation in the proceedings initiated by the European Union and Korea. The agreement includes a variety of assurances regarding the design of the Windows operating system, including Windows Media Player, and access for Real to a broad range of Windows platform technologies. Among other things, Microsoft will provide Real expanded access and long-term licenses to a wide range of Windows Media and security technologies, that will enable Real to build services and software that enhance consumer's experience with Real's products and services and take advantage of innovations in Windows Vista. Under the agreement:
-- Microsoft and Real will work together to enhance the functionality and
performance of Real's software products and services on the Windows
operating system.
-- Over time, Microsoft will develop and document additional Windows media
interfaces that will enable Real to build richer, secure media
experiences that take advantage of a broader set of media
functionalities throughout Windows.
-- Microsoft will enhance consumers' ability to access Real's software
products in simple and straightforward ways, enabling consumers easily
to choose their preferred settings for playing media files and managing
other media experiences.
-- Microsoft will design Windows Vista so that if a user seeks to play a
Real media file that has no playback software on the PC, Windows will
redirect the user who consents to a web page that enables the user to
download the Real software needed to play the Real media file.
-- Microsoft and Real will work together to enhance interoperability
between Microsoft's Windows Media and Real's Helix Digital Rights
Management systems. Microsoft will also enable Real to facilitate the
playback of content on non-Windows portable devices and personal
computers using Windows Media DRM.
-- Microsoft has provided Real contractual assurances ensuring Real broad
access to the PC OEM distribution channel.
"This agreement ensures that Microsoft can innovate and that other media players can compete in a broad marketplace," said Brad Smith, senior vice president and general counsel at Microsoft. "We've resolved our disagreements from the past and put in place a foundation for collaboration in the future."
"Today's agreement is a significant achievement for our companies. In one stroke, we have fully resolved our outstanding antitrust claims and forged an alliance with a strong partner to deliver innovations in great new music and games to our customers," said Bob Kimball, senior vice president and general counsel at RealNetworks.
AND MORE................
how much you sittin on fattsta
ALL ABOARD THE AXNP TRAIN, SET TO TAKE OFF
AXNP: Warning: HIGHLY EXPLOSIVE; Steroidal GORILLA
AACS Axnp, time to load and enjoy the ride
Hey fatty, goin to get a bite for lunch, be back soon
AACS DNTK AMHD = WoW
Daaammmmmmm WDAM!!!!!!!!!!
UPDA up 19 %
AXNP up 33% to .008 from morning newz:
TORONTO, Oct 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Allixon Corp (AXNP pink sheets) and MeridCom Inc. are pleased to report that the Company's pre-paid Internet service is now available at more than 200,000 retail locations throughout the United States, Canada, Puerto Rico and the U.S. Virgin Islands.
Daniel Johanning, President of MeridCom, noted that, "Our three-year old company, has undergone explosive growth, and we are definitely at the leading edge of the "pay-as-you-surf" Internet access markets, which are projected to double in revenues over the next two years. We also believe that there is excellent growth potential for MeridCom's products as the economy tightens. We are going to aggressively market our pre-paid cards and Internet service to consumers that are being squeezed by higher gasoline and energy bills, rising interest rates and credit card payments."
Compared to traditional Internet services, MeridCom's product puts the consumer in control of the cost of Internet access, giving them the flexibility to buy the time they need, when they need it. No more monthly bills or credit card charges - MeridCom's prepaid access card can be purchased with cash and used anywhere, anytime.
MeridCom is a leading provider of private-label Internet services to most of the major pre-paid phone card companies in North America. While consumers may not immediately recognize the "MeridCom" name, their products are sold under many different brand names. Additionally, MeridCom has more than 18,000 local access dial-up numbers spread across all of the major ISP networks.
The Market For Pre-Paid Internet Access Is Small, But Growing Rapidly
---------------------------------------------------------------------
While still relatively small compared to the prepaid phone calling card business, prepaid Internet has strong potential for considerable future growth among businesses and consumers.
In-Stat/MDR estimates that U.S. pre-paid Internet retail services revenues have grown from about $30 million in 2002 to approximately $100 million in 2005, and should approach the $200 million level in 2007 (a 45% CAGR in revenues)
Almost 20% of businesses surveyed by In-Stat indicated that they are likely to purchase pre-paid Internet services in the coming year. One company stated that they had reduced their Internet access costs for traveling employees from $100,000 to just $12,000 per year simply by switching to a pre-paid Internet service, and only paying for the time that their employees used.
"The pay-as-you-go flexibility of pre-paid Internet services offers an attractive alternative to subscription Internet services for many different types of users. Travelers, infrequent users of the Internet, consumers without credit, and a variety of other groups can gain considerable cost savings or convenient access to the Internet using these services," says Henry Goldberg, a Senior Analyst with In-Stat/MDR.
In a recent survey of business end-users, In-Stat/MDR found that about 10% of the surveyed organizations had purchased a prepaid Internet service for some of their employees at some time in the past and nearly 20% said they were likely to purchase a pre-paid Internet service in the next year. To date, the manufacturing, education and government sectors have the highest percentage of organizations that have purchased pre-paid Internet services
AXNP up 33% to .008 from morning newz:
TORONTO, Oct 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Allixon Corp (AXNP pink sheets) and MeridCom Inc. are pleased to report that the Company's pre-paid Internet service is now available at more than 200,000 retail locations throughout the United States, Canada, Puerto Rico and the U.S. Virgin Islands.
Daniel Johanning, President of MeridCom, noted that, "Our three-year old company, has undergone explosive growth, and we are definitely at the leading edge of the "pay-as-you-surf" Internet access markets, which are projected to double in revenues over the next two years. We also believe that there is excellent growth potential for MeridCom's products as the economy tightens. We are going to aggressively market our pre-paid cards and Internet service to consumers that are being squeezed by higher gasoline and energy bills, rising interest rates and credit card payments."
Compared to traditional Internet services, MeridCom's product puts the consumer in control of the cost of Internet access, giving them the flexibility to buy the time they need, when they need it. No more monthly bills or credit card charges - MeridCom's prepaid access card can be purchased with cash and used anywhere, anytime.
MeridCom is a leading provider of private-label Internet services to most of the major pre-paid phone card companies in North America. While consumers may not immediately recognize the "MeridCom" name, their products are sold under many different brand names. Additionally, MeridCom has more than 18,000 local access dial-up numbers spread across all of the major ISP networks.
The Market For Pre-Paid Internet Access Is Small, But Growing Rapidly
---------------------------------------------------------------------
While still relatively small compared to the prepaid phone calling card business, prepaid Internet has strong potential for considerable future growth among businesses and consumers.
In-Stat/MDR estimates that U.S. pre-paid Internet retail services revenues have grown from about $30 million in 2002 to approximately $100 million in 2005, and should approach the $200 million level in 2007 (a 45% CAGR in revenues)
Almost 20% of businesses surveyed by In-Stat indicated that they are likely to purchase pre-paid Internet services in the coming year. One company stated that they had reduced their Internet access costs for traveling employees from $100,000 to just $12,000 per year simply by switching to a pre-paid Internet service, and only paying for the time that their employees used.
"The pay-as-you-go flexibility of pre-paid Internet services offers an attractive alternative to subscription Internet services for many different types of users. Travelers, infrequent users of the Internet, consumers without credit, and a variety of other groups can gain considerable cost savings or convenient access to the Internet using these services," says Henry Goldberg, a Senior Analyst with In-Stat/MDR.
In a recent survey of business end-users, In-Stat/MDR found that about 10% of the surveyed organizations had purchased a prepaid Internet service for some of their employees at some time in the past and nearly 20% said they were likely to purchase a pre-paid Internet service in the next year. To date, the manufacturing, education and government sectors have the highest percentage of organizations that have purchased pre-paid Internet services.
UPDA Newz:
Rochester, NY, Oct 11, 2005 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.com's "Stock Watch Alert" this morning are Universal Property Development and Acquisition Corporation (OTCBB: UPDA), Victor Industries (OTCBB: VICI), Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO), Veltex Corporation (Pink Sheets: VLXC).
Sign-up for our FREE Stock Alerts at http://www.otcstockexchange.com !
Universal Property Development and Acquisition Corporation (OTCBB: UPDA - http://finance.yahoo.com/q?s=UPDA.OB )
Universal Property Development and Acquisition Corporation has executed a Memorandum of Understanding with Dark Horse Exploration, Inc. (DHE), a Wyoming corporation, Masaood Group, Ltd. and Rene Kronvold (Masaood) for the development and production of a natural gas and oil field consisting of 4,000 acres in Northern Utah.
UPDA will own Sixty percent (60%) of the joint venture, DHE will own Thirty percent (30%) and Masaood will own Ten percent (10%).
Pursuant to the MOU, DHE will operate the field which presently has five (5) wells and which will be expanded to eighty (80) wells. Masaood has agreed to invest One Million Dollars ($1,000,000.00) and has provided initial funding of One Hundred Fifty Thousand Dollars ($150,000.00) for the revitalization of the existing wells. UPDA has agreed to re-invest its portion of the initial profits, up to One Million Dollars ($1,000,000.00), for the drilling of additional wells.
DHE will conduct all drilling on the property utilizing its own equipment. This will reduce the cost of drilling from an estimated One Million Dollars ($1,000,000.00) per well to Four Hundred Fifty Thousand Dollars ($450,000.00) per well.
"We expect to drill one well per week, as soon as we get the permits," said Byron "Woody" Woodward, President of DHE, "and based on the results from the first well we worked on, the acidization and work over of the existing wells should increase their production exponentially. This field will produce large amounts of oil and natural gas."
Victor Industries (OTCBB: VICI - http://finance.yahoo.com/q?s=VICI.OB )
Victor Industries has entered into merger negotiations with broadband solution provider Zhejiang Fibersense Communications Technology Co. Ltd. (FSP China). Executives have found significant mutual benefits to explore the potential merger of the two companies. To that end, negotiations expected to come to fruition early in the New Year have begun.
''FSP's potential share of the wireless/broadband market is staggering. They have access to a market arguably larger than all U.S. broadband solution providers combined. FSP's management is seasoned and ambitious, and have a clear vision of today and tomorrow's communication landscape. We are proud to play any part we can in their future,'' said Lana Pope, CEO Victor Industries Inc.
Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO - http://finance.yahoo.com/q?s=CRGO.OB )
Cargo Connection Logistics Holding, Inc., today announced that a major international airline has named its wholly owned subsidiary, Cargo Connection Logistics Corp., as a primary provider at JFK International Airport.
According to Cargo Connection's President, Jesse Dobrinsky, this means that Cargo Connection will be responsible for a majority of the inbound international freight arriving at JFK destined for this airline's domestic inland destinations. Dobrinsky said that because of a corporate policy of the airline, one of the world's fifth largest, which states that only the airline can issue specific press releases about the company, Cargo is not releasing the name of the carrier at this time.
According to Dobrinsky, based on projections and the resources currently available to the Company, this agreement should yield a minimum of $300,000 in additional revenues annually. With additional resources placed at the Company's disposal, that figure could double.
"This is a great opportunity for our company that represents significant new business for Cargo Connection with one of the world's major airlines," said Dobrinsky. "In addition, each time we pick up business of this nature it exposes Cargo Connection Logistics Corp. to a new group of customers."
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 90 employees.
Veltex Corporation (Pink Sheets: VLXC - http://finance.yahoo.com/q?s=VLXC.PK )
Veltex Corporation reported (unaudited) revenue of $16,740,888 for the third quarter of 2005 and net pre-tax income of $3,318,177. First half revenue is restated at $25,956,800 and includes $7,795,800 from Velvet Textile Mills that was omitted from the previous press release solely based on the fact that those figures had not yet been finalized at the time of publication. Net income from the Mill for the same period was $1,637,118. Revenue for the first three quarters of 2005 is $42,697,688 and income is $6,311,295.
Javeed Matin, CEO of Veltex Corporation stated: "We are excited with our progress in expanding our business and our continued strong revenue stream. Our tradeshow attendance is paying dividends as distributors are coming on-board in ever increasing numbers. Veltex-Explorer is fully integrated and making significant contributions to our bottom line and our licensing agreements are proving fruitful. We feel certain that we will meet our revenue goal of $60 million for 2005 with a net income of between $9 and $10 million. As we look forward to annual increases in revenue and net income, we obviously feel that our stock is considerably undervalued. We are confident that our efforts will remedy this situation in due course."
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Markets hot today
thats a kicker
AACS ANXP lock and LOOOAAAAAADDDDDDDDDD!!!!!!!!
UPDA going to explode, jump on and enjoy the ride
AMHD = BooooooMAggggggE
newz out today 10AM
AACS AMHD DNTK = BooooM ShAkAlAkA!!!!!!!!
and when its fat, you get that paaper
WDAM NIZEWZ:
WESTMINSTER, Colo., Oct 11, 2005 (PRIMEZONE via COMTEX) -- World Am, Inc. (OTCBB:WDAM) today reported that its wholly owned subsidiary, Isotec, Inc., has been notified by a prime contractor to the U.S. Government that its Access Control/Weapons Detection system, specifically designed to enhance security at sensitive government sites, has successfully met and exceeded the contractor's test standards.
Funding for this pilot system was awarded just two months ago. It was configured to include Isotec's newly developed, patent pending, ATG200 Anti-Tailgating System, and was the first unit to be included in an Isotec system custom designed for potential government procurement.
It is believed the rapid testing process underscores the government's desire to upgrade security at some of the most sensitive and at-risk facilities nationwide.
In a report to a project manager for the test process, a security systems engineer said he was pleased to announce that, "The screening portals procured from Isotec have been certified to meet the demanding performance requirements of our procurement specification for use in nuclear security operations." During the performance of an extensive testing regimen, he said, "We came to the conclusion that the Isotec screening portals were well-manufactured, quality products that exceeded our expectations. The fit-and-finish of the units was excellent, reflecting Isotec's precise manufacturing processes."
The test engineer noted that the Isotec system utilizes a "Unique infrared-based portal occupancy detection system that ensures only one individual is screened at a time. This type of detection system provides better detection capabilities and reduced false alarm rates when compared to previous designs that use weight or other factors to determine portal occupancy. The Isotec portal will ensure positive access controls with maximum throughput, while requiring a minimum number of operations personnel."
The test engineer concluded that: "The installation and utilization of this new portal system will provide us with more than quadruple the throughput capacity of our existing system while still maintaining the existing screening area footprint...increasing throughput of an access control point while not increasing the amount of space required will continue to pay dividends for the life of the system..."
"We are proud of the hard work of our Isotec team as demonstrated by these test results," said World Am CEO James Alexander. "We believe the success of this test process is a validation for Isotec and World Am. It is anticipated these test results will help to generate orders from the U.S. Government, estimated to be 100 such access and detection systems valued at up to $5 million.
Isotec, Inc. is best known in the security industry for its "Transparent Security(tm)" systems, which it conceived and developed.
Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
AACS = get them flood gates open cause here comes the MONEY FLOW
lol, phat dude, lol
AACS = get them flood gates open cause here comes the MONEY FLOW
AACS = get them flood gates open cause here comes the MONEY FLOW