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Universal Express Inc. USXP), at the request of
its shareholders has decided to arrange a 45 minute live webcast on
Tuesday, April 25, 2006 at 10:00am EST, to update its shareholders on
the following ongoing events:
Status
-0-
*T
1. - USXP's soon to be released Leap Franchise Program - Leap
President
2. - USXP's 3 ongoing and forward planning fundings from Dubai and
Saudi Arabia - Richard Altomare, CEO
3. - USXP's AirNet plans - Richard Altomare, CEO
4. - USXP's growing Luggage Express business - Luggage Express
President
5. - USXP's present acquisition of a gas and oil company - Project
Manager
6. - USXP's changing identification program in Africa - Richard
Altomare, CEO
7. - USXP's recent real estate contracts - Real Estate Consultant
8. - USXP's newest MadPackers College events - MadPackers President
9. - "Naked Short Selling" - Richard Altomare, CEO
10. - USXP future plans and a discussion of outstanding shares
policies - including effect of "naked shorting" - Richard
Altomare, CEO
*T
"Unrelated or relevant questions may be submitted by shareholders,
and if time remains those questions will be addressed. As always, all
of these questions will be answered via e-mail," concluded Richard
Altomare, CEO and Chairman of Universal Express, Inc.
To register and take part in this webcast, please go to
www.usxp.com for registration information.
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 NEW YORK UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE TRANSPORT AIR TRAVEL DESTINATIONS LODGING CONFERENCE CALL
SOURCE: Universal Express, Inc.
CONTACT INFORMATION:
For Investor Relations:
Universal Express, Inc.
Kathleen Fahey, 561-367-6177
publicrelations@usxp.com
Amelot Holdings AMHD) announces that it has received an account approval with a bulk Feed
Supply distributor.
The distributor brings in 280,000 lb. rail cars of all classes of vegetable oils
from the mid west part of the country daily. The oil brought by bulk rail car
offers the company a competitive freight advantage verses its competitors who
are shipping packaged goods from the mid west. The distributors' exterior
storage capacity is 2,000,000 lbs with interior storage capacity of 10,000,000
lbs.
"Having established this relationship with one of the largest suppliers of bulk
vegetable oils will help secure our supply of feed stock for our Bio Diesel
projects. This is major step for Amelot in securing our market share in the Bio-
Diesel Industry," stated Aziz Hirji, President of Amelot Holdings.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring
under-valued, high-growth firms and properties in the natural resource
industry.
Statements in this press release that are not historical facts are
forward-looking statements within the meaning of the Securities Act of 1933, as
amended. Those statements include statements regarding the intent, belief or
current expectations of the Company and its management. Such statements reflect
management's current views, are based on certain assumptions and involve risks
and uncertainties. Actual results, events, or performance may differ materially
from the above forward-looking statements due to a number of important factors,
and will be dependent upon a variety of factors, including, but not limited to,
our ability to obtain additional financing and access funds from our existing
financing arrangements that will allow us to continue our current and future
operations and whether demand for our products and services in domestic and
international markets will continue to expand. The Company undertakes no
obligation to publicly update these forward-looking statements to reflect events
or circumstances that occur after the date hereof or to reflect any change in
the Company's expectations with regard to these forward-looking statements or
the occurrence of unanticipated events.
The Amelot Holdings, Inc. logo is available at
http://www.primezone.com/newsroom/prs/?pkgid=2149
CONTACT: Amelot Holdings, Inc.
Aziz Hirji.
AdZone Research, Inc, ADZR) today reported the signing of an agreement with eAccess Solutions,
a major national T-Mobile provider to incorporate the OPPS and FAST systems into
the new T-Mobile MDA cellular portable computer for the hundreds of thousands of
patrol and field police officers in the U.S.
It provides police officers with accelerated investigative capabilities when
responding to crime scenes involving child predators or missing children. In
addition, using the mobile system they also will be able to access complete
criminal background information, motor vehicle registrations and unlisted
telephone numbers.
AdZone created the mobile product working with eAccess Solutions, Inc., a
privately held Illinois corporation that is a leading provider of wireless
solutions. eAccess will also provide complete back office support services for
the mobile product, and will launch a major marketing campaign, primarily funded
by its participating cellular partners such as T-Mobile, with police departments
nationwide. AdZone's goal is to have its multiple mobile units deployed to each
of those departments within in the next 24 months.
The new mobile system, priced at $299 per month, provides a full year of
wireless data access contact plus licenses for the OPPS and FAST Reports. AdZone
will realize the full combined license and other fees of more than $2,000 for
each unit on an annualized basis.
The company will launch its advertising of the new mobile product next month in
Police Chief Magazine and in the June/July edition of Law Enforcement Product
News. Investors can see the ad at www.oppsafe.com , the new and expanded OPPS
website. The marketing efforts of eAccess and the mobile providers will be in
addition to the partnerships to promote OPPS usage nationwide through Web Wise
Kids and the Sunshine Network for Youth Safety.
"We are introducing to the law enforcement marketplace one of the most
comprehensive tools to enable police officers on the road to have instant
wireless access to information that is designed to save lives," said AdZone
President and COO John A. Cardona. "It is the next step in the evolution of the
OPPS system that we hope will make our OPPS-related products indispensable
components in the fighting of crime at many levels."
This press release is available on the company's official online Investor
Relations HUB at http://www.agoracom.com/IR/AdZone for investor questions,
answers and monitored commentary. Alternatively, investors are able to e-mail
all questions and correspondence to ADZR@agoracom.com where they can also
request addition to the investor e-mail list to receive all future press
releases and updates in real time.
About AdZone Research:
AdZone provides tracking and monitoring of targeted information on the Internet,
with an expanded focus on global Internet analysis of security-related data
transmissions. For additional information on AdZone Research, please visit the
company's Web site at http://www.adzoneresearch.com.
About eAccess Solutions, Inc.:
eAccess Solutions is a leading provider of wireless data devices, software,
integration services and device accessories. With over 50,000 customer accounts
globally, eAccess sells and activates a variety of GPRS, EDGE, EV-DO, 1xRTT data
devices with U.S. and international network carriers to provide an end-to-end
total solution for its customers. eAccess provides customer service, technical
support and engineering services to wireless solution end users and IT
implementers. More on eAccess is available at http://www.eAccess.com .
Certain statements contained herein are "forward-looking" statements (as such
term is defined in the Private Securities Litigation Reform Act of 1995).
Because such statements include risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward-looking
statements.
CONTACT: AdZone Research, Inc.
Charles A. Cardona III
(631) 369-1100
AGORA Investor Relations
ADZR@agoracom.com
http://www.agoracom.com/IR/AdZone
-- Modern Technology Corp MOTG), a diversified technology development and acquisition company, announced today
its subsidiary INmarketing Group anticipates the first three months of 2006
to be the strongest quarter in its history and should exceed projections.
INmarketing's audited financials were recently filed demonstrating
impressive year-on-year growth. The rapid growth continues with a
record-breaking quarter and moves this important subsidiary closer to its
projected $14,000,000 in revenue for 2006.
INmarketing's results are fully consolidated and will be reported as part
of our upcoming Form 10Q-SB filing. We anticipate our revenues to be in
excess of $4,600,000.00, which represents a 300% increase over the same
period last year.
Anthony Welch, Chairman of Modern, said: "Shareholders can expect continued
strong growth and results. This year will be an important year for us. So
far this year, we have reported record results and have an active
acquisition pipeline. Shareholders can expect a busy year at MOTG."
The company's present Earnings-per-share is expected to improve with each
passing month throughout 2006 through cost reductions and expected
additions to operations.
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and
acquisition company, builds revenues through continuous growth, strategic
acquisitions, and commercialization of nascent technology. MOTG improves
operating efficiencies through the elimination of cost redundancies and
realized synergy between subsidiaries. MOTG also commercializes new
technology and provides to its subsidiaries new product lines, operations
infrastructure, and significant intellectual capital. The company's mission
is to build shareholder value through a model of continuous growth. Web
Address: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding
future performance) that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results may differ
materially from those projected as a result of certain risks and
uncertainties, including but not limited to those detailed from time to
time in the Company's filings with the Securities and Exchange Commission.
Company Contact:
Megan Peterson
1.662.236.5928
Modern Technology Corp
1420 North Lamar Blvd.
Oxford, MS 38655 USA
Phone: +1.662.236.5928
Fax: +1.662.236.7663
Web: www.moderntechnologycorp.com
Imperia Entertainment, Inc. IPRE) announced
today that it has signed an agreement to provide content to ReelTime
Rentals, Inc.'s (OTC:RTRL) www.reeltimetv.net site. "I think that
downloading content is the wave of video rentals of the future, and
that this will eventually replace the local video rental store," said
James Hergott, President of Imperia Entertainment. "We are happy to
provide our DVD library to ReelTime, including our Award Winning
'Autograph' celebrity interview series and the recently released 'All
That I Need,'" he added.
About ReelTime Rentals, Inc.
Headquartered in Seattle, Washington, ReelTime Rentals' mission is
to deliver diverse media content to consumers over the Internet
enabling them to view the media content that they choose, whenever
they would like to see it. The Company streams full-screen media
content directly to consumers, while implementing security measures to
combat the threat of piracy. Subscribing customers of ReelTime's
service will have access to an extensive library of quality
full-screen movies and other programming without the hassles of going
to the video store or mailbox, nor the added expense of late fees.
For more information on ReelTime Rentals, Inc. please visit their
website at www.reeltimetv.net.
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a
company which has emerged as a player in the area of independent film
production and distribution, once monopolized by the major film
studios. In conjunction with its distribution subsidiary, Imperia
International Distribution, the company engages in investing in and
producing and distributing full-length feature films. Along with its
equity interest in "All That I Need" (www.allthatineed.net), released
in theaters last December and now on DVD, Imperia's film properties
include the recently completed feature film "Say it In Russian,"
directed by Jeff Celentano ("Primary Suspect," "Gunshy") and edited by
David Rawlins ("Saturday Night Fever"), "Brothers," by Tarquin Gotch
("Home Alone"), "Whiskers," by Jordan Klein ("Flipper," "Splash,"
"Cocoon"), the award-winning "Autograph" television series
(www.autograph.tv), which airs on the Colours Television Network and
the "Faces and Names" television series.
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 Imperia Entertainment, Inc., and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. 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 CALIFORNIA WASHINGTON UNITED STATES
INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES TV AND RADIO TECHNOLOGY INTERNET CONTRACT/AGREEMENT
SOURCE: Imperia Entertainment, Inc.
CONTACT INFORMATION:
Imperia Entertainment Inc.
James Hergott, 310-275-0089
or
Vivian Fullerlove, 214-564-3359 (Public Relations)
musbviv@yahoo.com
GPS Industries Inc.(OTC BB: GPSN), a leading
innovator of Wi-Fi and GPS-enabled multimedia communications and management
solutions for golf facilities, resorts, sporting events and residential
communities is pleased to announce that the company just released Form
10-KSB, GPS Industries (GPSI) achieved a 166% sales increase for fiscal
2005, increasing from $2.18 million in 2004 to $5.82 million in 2005. The
company is also releasing guidance for 2006 sales, projecting a further
increase in 2006.
"We are miles ahead of where we were just a year ago," says CEO and
President Robert Silzer, Sr. "We have dramatically elevated our presence in
the industry and the reliability of our technology gets a lot of the credit
for that," Silzer adds. "Our sales are growing exponentially and 2006 will
be a breakout year for us."
To date GPSI has installed their Wi-Fi enabled INFOREMER GPS system at 74
golf facilities around the world. Currently averaging two new system sales
per week, the company is projecting 45-to-50 new installations through the
end of 2006. In fact, almost $4 million in sales have already been booked
through early second quarter. According to Silzer, "The sales trend is
positive, and our efforts are to maximizing operation efficiencies."
Along with this impressive sales trend however the company's Form 10-KSB
also reflects a substantial increase in financial charges and expenditures.
"Growth is always an expensive proposition, especially in a
technology-driven business like ours," says Silzer. "Obviously we are
continuing to innovate and enhance our technology."
The 10-KSB bears out the fact that Engineering and R&D costs have risen by
approximately 59%, due largely to continued product enhancements. "But the
main reasons for the pejorative financial report," explains Silzer, "are
non-cash charges totaling $9.8 million, including almost $6.5 million
caused by a fair value adjustment in derivative liabilities associated with
our convertible debt financing."
"At the same time," he adds, "the 10-KSB also shows that our COGS (Cost Of
Goods Sold) are actually 27% lower as a percentage of revenue this year.
Administrative costs are also lower, by almost 60%."
Additional expenses are attributable to the protection of GPSI's 29
international patents; these relate primarily to the use of Differential
GPS (DGPS) technology on golf courses. Last November the Company initiated
legal protection of those patents in the United Kingdom. According to
Silzer, "GPSI is continuing to pursue action against those infringing on
our patents."
About GPS Industries, Inc.
The company's unique suite of systems and software maximize operational
efficiency while also generating significant new revenue streams. The
company's patented InforemerTM GPS system is a comprehensive golf
management solution, combining powerful backend management tools and
revenue generating modules with mobile handheld or cart-mounted full color
display screens, seamlessly connected via a high-speed wireless network.
GPSI owns the patents covering golf-related GPS technology for all major
golf markets worldwide, including North America, Australia, Japan and 11
European nations. GPSI's Board of Advisors includes legendary golfer and
businessman Greg Norman.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially as a result of certain risks and uncertainties. These
risks and uncertainties include, but are not limited to: The Company's
ability to raise finance; global and market conditions within the golf
industry; demand for and market acceptance of new and existing products;
successful development of new products; the timing of new product
introductions; pricing pressures and other competitive factors; the ability
to develop and implement new technologies and to obtain protection for the
related intellectual property; as well as other risks and uncertainties,
including but not limited to those detailed from time to time in the
company's Securities and Exchange Commission filings. These forward-looking
statements are made only as of the date hereof, and the company undertakes
no obligation to update or revise the forward-looking statements, whether
as a result of new information, future events or otherwise. Other brands
and names contained in this release are the property of their respective
owners.
Contact:
Mr. Steven Barrett
Director, Marketing & Communications, GPS Industries
Science Dynamics Co. SIDY), a provider of advanced technological
solutions to key government agencies and enterprise customers, announced today
the company's year-end results for 2005.
Sales for the fiscal year increased by 163% to $4,235,269, compared to
$1,609,717 in the 2004 fiscal year. Technology service revenues increased to
$3,011,227 from $415,000 the prior year due primarily to the acquisition of
SMEI in February 2005. Technology product revenues for 2005, derived
predominantly from the Commander product lines, were $1,224,042, compared to
$1,194,717 in 2004. For 2005 the company recorded a net loss of $863,103, or
$0.01 per share, compared to a net loss of $767,099, or $0.02 a share in 2004.
CEO Paul Burgess said, "2005 was a transformative year for Science
Dynamics. Our top-line growth was directly related to the successful
acquisition and integration of SMEI, which enabled us to dramatically expand
our service revenue and customer base. I believe it also proves the viability
of our acquisition plans and proprietary technological platforms. We made
significant progress in strengthening the balance sheet and intend to continue
our refinancing efforts. Our priorities in 2006 are to drive sales growth,
integrate accretive acquisitions and improve the bottom line. While we are
still completing our Q1 '06 results, we expect to be EBITDA positive for the
first quarter of 2006."
Science Dynamics Chief Financial Officer Joe Noto said, "Our contract
services backlog with various agencies of the U.S. Department of Defense now
stands at approximately $16 million, subject to available funding by the
government. Overall, our 2005 results reflected a major shift in the company's
focus from providing primarily products to a mix of products and advanced
services to a much broader customer base. Our cost of sales was a higher
percentage of 2005 revenues than the previous year due mainly to the inclusion
of operating results of SMEI, an IT services business that we acquired in
February 2005. To a lesser extent, our margins were impacted unfavorably due
to several higher-margin, one-time development contracts included in our 2004
results. We also expect to see the full-year benefits of synergies in our 2006
results from rationalizations made in our SG&A expenses in the latter part of
2005. Going forward, we expect to further increase our operating leverage as
we achieve organic growth and continue to pursue our acquisition strategy. We
completed several key milestones in the last year, and we will continue to
focus on strengthening our financials in support of our goals for 2006."
About Science Dynamics Corporation
Headquartered in Pennsauken, N.J., Science Dynamics Corporation is a
provider of advanced technological solutions to the Department of Defense, key
government agencies and commercial markets. The company has nearly 25 years of
experience in designing, deploying and managing highly secure advanced
software and telecommunications solutions for federal government departments,
agencies and mid- to large-sized enterprises. Science Dynamics Corporation's
telecommunications solutions are installed in over 30,000 ports throughout
18 countries worldwide. For more information, visit http://www.scidyn.com .
About Systems Management Engineering, Inc.
Science Dynamics owns 82% of SMEI. SMEI has developed advanced data
management applications, Internet server technology and information systems
that it markets to public and private sectors. SMEI's product, Aquifer, helps
its customers reduce development time for projects, manage the deployment of
applications across the Internet to desktops around the world and implement
military-grade security on all systems where the applications are deployed.
For more information about SMEI, visit
http://www.sysmanagement.com .
An investment profile about Science Dynamics may be found at
http://www.hawkassociates.com/sciencedynamics/profile.htm .
For investor relations information regarding Science Dynamics, contact
Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail:
info@hawkassociates.com . An online investor relations kit including copies of
press releases, current price quotes, stock charts and other valuable
information for investors may be found at http://www.hawkassociates.com and
http://www.americanmicrocaps.com .
Forward-Looking Statements: Certain statements made in this press release
by Science Dynamics Corporation are forward-looking statements. Although such
statements are based on current expectations, they are subject to a number of
future uncertainties and risks, and actual results may differ materially. Any
forward-looking statements are made pursuant to the Private Securities
Litigation Reform Act of 1995 and, as such, speak only as of the date made.
Statements made in this document that are not purely historical are forward-
looking statements, including any statements as to beliefs, plans,
expectations, anticipations or intentions regarding the future. Science
Dynamics Corporation assumes no obligation to update information concerning
the forward-looking statements contained herein.
SOURCE Science Dynamics Corporation
Contact Information:
Frank Hawkins or Julie Marshall, both of Hawk Associates, +1-305-451-1888, or info@hawkassociates.com, for Science Dynamics Corporation
WebSite:
http://www.americanmicrocaps.com
Veridium Corporation VRDM) today announced its execution of an amended license agreement with Ohio
University ("Ohio") for its patented bioreactor process for reducing
greenhouse gas emissions from fossil-fuelled combustion processes.
Veridium's original license with Ohio provided for non-exclusive
rights to the technology for the purpose of processing exhaust gas
streams from electrical utility power generation facilities, and
exclusive rights to the technology for applications involving all
other sources. The amended license agreement increases the scope of
Veridium's license to provide for exclusivity in all applications,
including electrical utility power generation facilities.
Veridium's bioreactor technology is simple, robust and scalable,
and was originally designed to reduce greenhouse gas emissions from
fossil-fueled combustion processes. The technology is based on a new
strain blue-green algae discovered thriving in a hot stream at
Yellowstone National Park. The algae use the available carbon dioxide,
water and light to grow new algae, giving off pure oxygen and water
vapor in the process. Once the algae grow to maturity, they fall to
the bottom of the bioreactor where the algae can be harvested for
further refining several times per day.
A prototype of the technology was built that is capable of
handling 140 cubic meters of flue gas per minute, an amount equal to
the exhaust from 50 cars or a 3 megawatt power plant.
New Feedstock for Ethanol Production
Ethanol is made from starch-based feedstocks. The algae in the
bioreactor convert exhaust carbon dioxide and sunlight into a biomass
that is comprised of about 94% starch and about 6% oil. This exceeds
the starch concentration in corn, the primary feedstock for domestic
ethanol production today, which contains about 63% starch and 3-4%
oil. Even more impressive is that the preliminary test data show a
doubling of the biomass several times per day - a rate much faster
than plants, and it does all of this on a footprint that is orders of
magnitude less than the surface area required for crops.
Veridium's immediate focus for this technology is to deploy a
commercial-scale pilot operation while seeking out qualified early
adopters for deployment of the technology in the ethanol industry and
in the traditional power generation industry.
"We have been focused on ethanol front for some time now and most
of our current market development focus is on deploying technologies
that enhance production efficiencies for existing ethanol facilities,"
said David Winsness, chief executive officer of Veridium's industrial
design division. "Our bioreactor technology is just one of several
such technologies that we plan to roll out this year."
Earlier this year, Veridium filed for patent protection on its
BioStarch Recirculation System(TM) - an implementation of Veridium's
bioreactor technology that routes exhaust carbon dioxide from the
fermentation stage of ethanol production facilities through a
bioreactor that is specifically designed to be integrated with
existing ethanol facilities.
"We believe that finding ways to rapidly squeeze more supply out
of the existing production infrastructure is a critically necessary
objective," said Winsness. "In conventional ethanol production, almost
a third of the mass of the corn ends up in the form of exhaust. Our
view is that carbon dioxide exhaust is a valuable resource that can be
used to increase the current output of host ethanol facilities, and we
think that we are going to see considerably more than 10% gains in
production out of existing ethanol facilities with our patented and
patent-pending technologies."
Conversion of Power Plant Exhaust
Winsness added: "Demand for ethanol is increasing and we believe
that it will continue to exceed supply for the foreseeable future. We
also believe that the rate of the increasing demand will continue to
outpace the rate of the increasing supply while we wait for new
ethanol facilities to be built. While bringing our technologies to the
ethanol industry remains our primary focus, we are also seeking out
new low-cost and near-term sources of ethanol supply. We believe that
the power generation industry is a perfect candidate for this given
the capabilities of our bioreactor technology and we are excited to
now have the exclusive rights to the underlying technology."
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 70% owned by GreenShift Corporation (OTC
Bulletin Board: GSHF), a publicly traded company 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 NATURAL RESOURCES ENVIRONMENT CONTRACT/AGREEMENT
SOURCE: Veridium Corporation
CONTACT INFORMATION:
Veridium Corporation
Investor Relations
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
Industrial Nanotech INTK, is pleased to announce that HH Robertson Asia/Pacific Group has
placed an order for the Company's Nansulate coating to be used in the
construction of the new state-of-the-art Suvanabhumi International Airport in
Bangkok, Thailand. The order was placed through Bangkok Integrated Trading
Company, one of Industrial Nanotech's Asian distributors.
Nansulate PT will be applied to aluminum panels that are being used to construct
the ceiling of the air link bridge in the airport due to its ability to provide
superior insulation and long-term corrosion and mold protection. Suvanabhumi
International Airport will have the largest terminal complex in the world with
the ability to serve 30 million passengers per year initially and upon further
expansion phases, including two additional runways, could serve over 100 million
passengers per year.
According to a testimonial from Chris Moor, General Manager of HH Robertson
Thailand Co. Ltd., "HH Robertson prides themselves on supplying quality products
to the construction industry. This means they work with quality suppliers and
after a long and extensive investigation, selected Nansulate over all other
coating systems for this project because it was the only product that met our
stringent technical requirements. One of the key issues that induced HH
Robertson to select Nansulate was that the suppliers were prepared to support
the product with a warranty."
HH Robertson Asia/Pacific Group is part of a major multi-national group with
wide-ranging construction interests in the U.S.A., Europe and the Asia/Pacific
regions. The Company provides a complete range of design and engineering
detailing, fabrication, supply and installation services supporting the
construction of integrated architectural wall and glazing systems for new
buildings and refurbishments, single skin, built-up or panelized industrial
roofs and wall systems, as well as gravity ventilation exhaust and inlet
systems.
About Nansulate(tm)
Nansulate(tm) is a water-based tinted or translucent insulation coating
containing a nanotechnology based material. The coating's ability to resist
mold, prevent corrosion and provide thermal insulation is well-documented. The
Company and its licensed distributors distribute Nansulate(tm) products
worldwide.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader.
The Company develops and commercializes new and innovative applications for
nanotechnology by participating with world-leading scientists and laboratories,
including the U.S. Center Centers for Integrated Nanotechnology (CINT) and
Princeton Polymers Laboratories.
See www.industrial-nanotech.com for more information.
The Industrial Nanotech Inc. logo is available at
http://www.primezone.com/newsroom/prs/?pkgid=1701
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This release includes forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995 that
involve risks and uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the ability to manage
growth, acquisitions of technology, equipment, or human resources, the effect of
economic and business conditions, and the ability to attract and retain skilled
personnel. The Company is not obligated to revise or update any forward-looking
statements in order to reflect events or circumstances that may arise after the
date of this release.
CONTACT: Industrial Nanotech Inc.
(800) 508-6153
corporate@industrial-nanotech.com
Investors:
David Zazoff
(212) 505-5976
PressReleases@Za-Consulting.net
UPDA-Universal Property Development and Acquisition
Corporation subsidiary, Texas Energy, Inc., has executed
an agreement to purchase over 30 leases, covering approximately 2700
acres in Jack County, Texas. The property, known as the Catlin Oil and
Gas Field, contains 64 wells, 12 miles of pipeline and a 70 mile
gathering system. In addition, Texas Energy will acquire several
pieces of much needed well service equipment including rigs, dozers
and graders. This equipment has been internally valued in excess of
$1,000,000.00.
"This acquisition establishes UPDA as a solid presence in North
Texas and provides the service equipment we have been seeking so that
we can perform our own workovers," said Chris McCauley, UPDA Vice
President. In addition, the pipeline and gathering system will allow
us to provide the neighboring producers with transportation services
so that they can get their product to market. This acquisition has
great promise."
In conjunction with this acquisition, UPDA will establish two
additional subsidiaries - one to perform all drilling, workover and
well maintenance services for UPDA properties in the area and another
to market the pipeline and gathering capabilities to neighboring
producers. These new subsidiaries will be funded by UPDA and utilize
the equipment and pipelines acquired in this transaction.
"Despite the fact that these wells have been substantially ignored
since Mr. Catlin passed away three years ago, they still generated in
excess of $1,000,000.00 in revenue last year," continued UPDA's
McCauley. "As soon as this deal is closed, we will commence a workover
program that we expect will greatly enhance the production from the
existing wells. After that, we will start a drilling program of
relatively shallow wells similar to the 64 existing. At the same time,
we will explore deeper drilling in order to exploit the Barnett Shale
prospect of the property. If the property does produce from the
Barnett Shale as we expect it will, Texas Energy will establish itself
as force in North Texas oil and gas.""
An independent reserve analysis performed by Randy Moseley,
Certified Petroleum Engineer, in November 2005, estimated that the
property, from current production zones, contains reserves of
approximately 2,500,000 mcfg and 400,000 barrels of oil. This analysis
did not consider the production potential of the Barnett Shale
prospect or other multiple pay zones of the property.
In addition to the lease rights, pipeline, gathering system and
equipment, Texas Energy also acquired approximately 50 acres of
surface rights, 35 of those acres attached to a house on the property
and 15 acres involving the shop and equipment field. The total
purchase price, including all brokers' commissions and due diligence
consultants is $2,300,000.00 and the acquisition is scheduled to close
on or before May 23, 2006.
The production from these wells 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.
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 NATURAL RESOURCES MINING/MINERALS MERGER/ACQUISITION
SOURCE: Universal Property Development and Acquisition Corporation
CONTACT INFORMATION:
Universal Property Development
and Acquisition Corporation
Bradford Moore, 561-630-2977 (Investor Relations)
info@updac.com
Raven Moon Entertainment, Inc. RVMO announced
today that Gina D(R), Simon Wannabe, Doggie Brown and TV TED(R) from
GINA D'S KIDS CLUB(R) have signed on to perform four LIVE shows on the
main stage at the largest family expo on the west coast. The event
will take place at the Orange County Fairgrounds near Los Angeles on
October 7th and 8th.
Appearing along with Gina D(R) will be a host of familiar
television characters for children including Barney, Garfield, JJ the
Jet Plane, Sponge Bob and Strawberry Shortcake, who will also perform
live to a crowd of approximately 75,000 parents and kids. An amazing
weekend full of non-stop entertainment, interactive pavilions, and
unbelievable attractions is expected.
"We recently signed on to do the 'Kids Faire' in San Francisco and
we're asked to do the event in Los Angeles as well. This is the type
of exposure that will help brand Gina D(R)," stated Joey DiFrancesco,
Chairman and CEO of Raven Moon Entertainment. "In addition to
performing four high energy musical half hour live shows on the main
stage during the two day expo, we will be able to sell Gina D(R)
products including DVD's, Music CD's and Cuddle Bug plush toys. In the
last two weeks the www.ginadskidsclub.com web site received 350,000
hits to view excerpts from the new 'Under the Sea' DVD," stated
DiFrancesco.
The annual event is presented by TOYS R US and ALBERTSON'S with
television stations CBS 2 and KCAL 9, who are broadcast sponsors, and
over 200 of America's most respected companies and brands as sponsors
including: Good Housekeeping, McDonald's, Target, Barnes & Noble,
Comcast, Lowe's, Macy's, Jet Blue, Kellogg's, Sylvan Learning Centers,
Hershey's, Blockbuster, Crest, Pampers, Gerber, Petco, St. Joseph,
Kool Aid, and many others. Go to www.americasfamilyexpo.com.
To see excerpts from the new "Under the Sea" DVD go to
www.ginadskidsclub.com. For information on Raven Moon Entertainment
visit www.ravenmoon.net.
To Sponsor a LIVE "Gina D's Reading Across America Program"
contact Janet Serluco or Diana Holiday at (407) 774-4462.
Safe Harbor Act Notice: This release may contain forward-looking
statements that involve risks and uncertainties, including without
limitation, acceptance of the company's products, increased levels of
competition, product and technological changes, the company's
dependence upon financing and third-party suppliers, and other risks
detailed from time to time in the company's federal filings, annual
report, offering memorandum or prospectus. Specifications are subject
to change without notice.
KEYWORD: NORTH AMERICA CALIFORNIA FLORIDA UNITED STATES
INDUSTRY KEYWORD: WOMEN YOUTH EDUCATION PRIMARY/SECONDARY ENTERTAINMENT TV AND RADIO RETAIL COMMUNICATIONS MARKETING PUBLISHING SPECIALTY CONSUMER FAMILY
SOURCE: Raven Moon Entertainment, Inc.
CONTACT INFORMATION:
Fahlgren Mortine Investor Relations
Carol Merry, 614-825-1750
carolmerry@fahlgren.com
Good Morning Chief, Stockz, and Team
MSSI , an established provider of medical
personnel, technology services and homeland security products to
government and commercial clients, is pleased to announce financial
results for the year ended December 31, 2005.
For the fiscal year ended December 31, 2005, the company reported
revenues of $12,345,585, an increase of 83%, as compared to revenues
of approximately $6,734,564 for the fiscal year ended December 31,
2004. The increase in revenues in 2005 was attributable to the
acquisition of Nurses Onsite Corp.
Gross profit for the year ended December 31, 2005, was $3,966,372,
or 32% of revenues, as compared to gross profit of $1,715,963 or 25%
of revenues, for the year ended December 31, 2004.
Additionally, for the year ended December 31, 2005, the company
reported operating expenses of $5,385,796 or 44% of revenues, as
compared to $3,480,057 or 52% of revenues for the year ended December
31, 2004. The decrease in operating expenses as a percentage of
revenues can be attributed to increased efficiencies resulting from
the acquisition of Nurses Onsite Corp.
MSSI had a net loss of $1,827,114 for the year ended December 31,
2005, compared to a net loss of $2,111,663 for the year ended December
31, 2004. The decreased loss of $284,549 can be attributed to a focus
on higher margin sales.
MSSI's President and CEO, Dr. B.B. Sahay, stated, ''Our record
revenue performance in 2005, coupled with our improved bottom line is
proof positive that our winning business model is being executed by a
great management team." Dr. Sahay continued to say, "With the
acquisition of Nurses Onsite Corp., the company continues to grow both
organically and through strategic acquisitions that provide us with a
robust revenue-generating base. It is our intention to control costs
and continue growing the company in the months and years to come."
For all future Medical Staffing Solutions investor relations
needs, investors are asked to visit the Medical Staffing Solutions IR
Hub at http://www.agoracom.com/IR/MedicalStaffing where they can post
questions and receive answers within the same day, or simply review
questions and answers posted by other investors. Alternatively,
investors are able to e-mail all questions and correspondence to
MSSI@agoracom.com where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real
time.
About MSSI-TeleScience
www.telescience.com
In operation since 1992, MSSI-TeleScience International, Inc. is a
provider of long-term medical personnel, homeland security and
technology services to federal, state and local government agencies
and to the private sector. The company's Medical Services Division has
operations in 22 states servicing hospital and medical facilities with
a complete range of medical staff, including doctors, nurses and
technicians. The company holds multiple long-term contracts, including
those with the U.S. Army, the U.S. Department of Health and Human
Services and the state of California.
The company's Technology Division provides systems integration and
information technology services to the federal government, as well as
emergency equipment, decontamination products, vehicles and supplies
to state and local governments.
MSSI-TeleScience International currently has over 200 employees
and continues to grow its staff and contracts.
About Nurses Onsite Corp.
www.nurses-prn.com
Nurses Onsite is a provider of nurse staffing services to acute
care facilities nationwide. The company operates a network of 13
staffing locations in 9 states, serving over 200 hospitals. These
locations primarily focus on placing per diem nurses on an "as needed"
basis to hospitals facing a critical shortage of staff nurses. Based
in West Palm Beach, Florida, Nurses Onsite employs over 1,200 nurses
and 30 executive, management and administrative staff. Having grown
organically since inception in 2002, the company has been invited into
new markets by some of the nation's largest hospital chains because of
its cost efficient streamlined delivery model.
Nurses Onsite plans to expand services rapidly by leveraging its
recruiting technology in the recently launched National Recruiting
Center.
Legal Notice Regarding Forward-Looking Statements:
"Forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this news release.
These statements relate to future events or our future financial
performance. These statements are only predictions and may differ
materially from actual future results or events. MSSI-TeleScience
disclaims any intention or obligation to revise any forward-looking
statements whether as a result of new information, future developments
or otherwise. There are important risk factors that could cause actual
results to differ from those contained in forward-looking statements,
including, but not limited to, risks associated with changes in
general economic and business conditions (including in the information
technology and financial information industry), actions of our
competitors, the extent to which we are able to develop new services
and markets for our services, the time and expense involved in such
development activities, the level of demand, market acceptance of our
services and changes in our business strategies.
KEYWORD: NORTH AMERICA VIRGINIA UNITED STATES
INDUSTRY KEYWORD: GOVERNMENT HEALTH HOSPITALS PROFESSIONAL SERVICES FINANCE HUMAN RESOURCES EARNINGS
SOURCE: Medical Staffing Solutions, Inc.
CONTACT INFORMATION:
Medical Staffing Solutions, Inc.
Reeba Magulick, 703-637-3244
or
Investor Relations:
AGORACOM Investor Relations
http://www.agoracom.com/IR/MedicalStaffing
MSSI@Agoracom.com
DynTek, Inc. DYTK, a leading provider of professional technology
services, announced today that the company has been awarded an $800,000
contract for VERITAS products and professional services by a state agency in
the Northeast Region.
The contract encompasses procurement and deployment of the VERITAS i3
software suite, which provides IT managers with a comprehensive set of end-to-
end performance and service management tools that will allow them to
proactively monitor, analyze, and fine-tune their applications and maintain
performance and availability levels for their organizations.
"We have seen an increasing demand for application performance management
solutions, especially within the government sector," said Ron Ben-Yishay,
DynTek's regional vice president. "VERITAS is the hands-down front-runner in
this category, and we are committed to driving additional growth in this
area."
About DynTek
DynTek is a leading provider of professional technology services to mid-
market customers, such as state and local governments, educational
institutions and commercial entities, in the largest IT markets nationwide.
The company offers technology practices in IT security, advanced network
infrastructure, voice over internet protocol ("VOIP"), and access
infrastructure. DynTek's multi-disciplinary approach allows our clients to
turn to a single source for their most critical technology requirements.
For more information, visit www.dyntek.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbors created thereby. Investors are cautioned that
certain statements in this release are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995 and involve
known and unknown risks, uncertainties and other factors. Such uncertainties
and risks include, among others, success in reaching target markets for
services and products in a highly competitive market and the ability to
maintain existing and attract future customers; the ability to finance and
sustain operations, including the ability to comply with the terms of working
capital facilities and/or other term indebtedness of the Company, and to
extend such obligations when they become due, or to replace them with
alternative financing; the ability to raise equity capital in the future; the
ability to achieve profitability despite historical losses from operations;
the ability to maintain business relationships with IT product vendors and the
ability to procure products as necessary; the size and timing of additional
significant orders and their fulfillment; the continuing desire of and
available budgets for state and local governments to outsource to private
contractors; the ability to successfully identify and integrate acquisitions;
the retention of skilled professional staff and certain key executives; the
performance of the Company's government and commercial technology services;
the continuation of general economic and business conditions that are
conducive to outsourcing of IT services; the ability to maintain trading on
the NASD OTC Bulletin Board or other markets in the future; and such other
risks and uncertainties included in our Annual Report on Form 10-K filed on
September 29, 2005, our Quarterly Reports on Form 10-Q filed on November 14,
2005 and February 21, 2006, and other SEC filings. The Company has no
obligation to publicly release the results of any revisions, which may be made
to any forward-looking statements to reflect anticipated or unanticipated
events or circumstances occurring after the date of such statements.
SOURCE DynTek, Inc.
Contact Information:
Linda Ford of DynTek, Inc., +1-949-271-6705, linda.ford@dyntek.com
WebSite:
http://www.dyntek.com
CIRT- as CirTran Corp. Evander Holyfield to market First, came the worldwide rights -- and today, the
world-class lefts and rights -- as CirTran Corp. (OTCBB: CIRT)
announced it has joined forces with former heavyweight champion
Evander Holyfield to market and promote "The Real Deal Grill(TM)," a
new electric indoor/outdoor cooking product to be sold via TV
infomercials.
CirTran, an international full-service contract manufacturer of
IT, consumer and consumer electronics products, said that Holyfield,
the only four-time heavyweight champion of the world, will put the
gloves on again by putting his name on the new grill, and starring in
TV infomercials to promote it and launch sales worldwide.
CirTran said it contracted with the former champion's company,
Holyfield Management Inc., of Georgia, for his services to promote the
product, and to film a series of TV infomercials featuring Holyfield
and The Real Deal Grill, which are scheduled to be filmed in Florida
next month.
The former champ said he was "very excited to have a great product
he truly believed in bringing my fans -- and fans of great good --
around the world."
"In business, just like in my boxing career, I plan to put in the
effort needed to make The Real Deal Grill the champion we all want it
to be," Holyfield said.
A Winning Combination!
"When CirTran obtained the marketing and distributing rights to
the grill for the U.S., Canada, Japan and South America late last
year, we were very excited," said Trevor M. Saliba, the company's
executive vice president of worldwide business development.
"Now, with the Champ in our corner, all I can say is 'Wow!' What a
great winning combination Evander and The Real Deal Grill will be," he
said.
"A Great Meal from The Real Deal"
"When Evander began his boxing career, he quickly earned -- and
always lived up to -- the nickname, 'The Real Deal'," said Saliba.
"Now, for the first time, Evander's fans and anybody else who just
loves good food will be able to get 'a great meal from The Real Deal
Grill!'"
Manufactured in China by CirTran-Asia, which specializes in the
direct response, sold-on-TV marketplace, the grill is the first
proprietary product to be engineered, manufactured and marketed by
CirTran. It was designed and patented by Charles Ho, president of
CirTran-Asia, and comes with a deluxe stand and multiple
interchangeable cooking surfaces, and many other add-on items also
available, making it the must-have grill from camping in the
mountains, to tailgating, to grilling at home.
CirTran said it will initially market The Real Deal Grill via
televised infomercial and print ads featuring Holyfield with its
marketing partner, Reliant International, a direct response industry
pioneer responsible for more than $3 billion in successful product
launches, as well as use Internet media outlets, and the marketing
efforts of its strategic partners worldwide.
"Some of the most popular consumer products in the world are those
originally seen on infomercials," Saliba. "Now, together with Evander,
we're setting our sights on becoming champions of the indoor/outdoor
grill world with this great product."
About CirTran Corp.
Founded in 1993, CirTran Corp. (www.CirTran.com) is a premier
international full-service contract manufacturer. Headquartered in
Salt Lake City, its ISO 9001:2000-certified, non-captive
40,000-square-foot manufacturing facility is the largest in the
Intermountain Region, providing "just-in-time" inventory management
techniques designed to minimize an OEM's investment in component
inventories, personnel and related facilities, while reducing costs
and ensuring speedy time-to-market. In 1998, CirTran acquired Racore
Technology (www.racore.com), founded in 1983, and reorganized as
Racore Technology Corp. in 1997. In 2004, it formed CirTran-Asia as a
high-volume manufacturing arm and wholly owned subsidiary with its
principal office in ShenZhen, China. CirTran-Asia operates in three
primary business segments: high-volume electronics, fitness equipment
and household products manufacturing, focusing on the multi-billion
dollar direct response industry.
This press release 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. With the exception of
historical information contained herein, the matters discussed in this
press release involve risk and uncertainties. Actual results could
differ materially from those expressed in any forward-looking
statement.
FTS Group, Inc. FLIP, a publicly traded
acquisition and development company operating in the wireless space through
its wholly-owned subsidiaries FTS Wireless, Inc. and See World Satellites,
Inc., today announced results for the year ending December 31, 2005. The
form 10K filing is available at www.SEC.Gov or under the investor link at
www.FTSGroup.TV .
Below are some of the positive results FTS delivered during 2005:
-- Positive stockholders equity first time ever
-- Revenue increased 84% to $1.3 Million
-- EBITDA Improved by $433,738
-- Cash Position Increased by $795,130
-- Assets increased by $1,647,089
-- SG&A Decreased by $424,274
-- Net Operating Loss drops $331,117
FTS Group Chairman and Chief Executive Officer Scott Gallagher commented,
"2005 was a solid transitional year for our Company. FTS exited 2005 with
improved year-over-year operating results. We closed the acquisition of See
World Satellites, Inc. on the first business day of the new year and
positioned the Company for significant growth in 2006. FTS is now poised to
post the first profit in the history of the Company when we release our Q1
results shortly." Gallagher continued, "Our entire team worked very hard
during the first quarter as we completed Two-years of audited financials
for See World and our form 10K for FTS. With the audits now out of the way
we expect to file our first quarter form 10Q by or before the May 15th
deadline."
FTS is currently engaged in negotiations with several profitable privately
held organizations seeking to be acquired. For additional information sign
up for e-mail alerts at www.FTSGroup.TV. To review the Companies full
audited results please go to www.SEC.gov or click the investor link at
www.FTSGroup.TV.
About FTS Group, Inc.
FTS Group, Inc. (OTC BB: FLIP) is a publicly traded holding company
operating in the wireless industry through its wholly owned subsidiaries
FTS Wireless, Inc. and See World Satellites, Inc. The Company operates
through retail locations in Florida and Pennsylvania and globally over the
Internet through its web sites www.FTSGroup.TV, www.CellChannel.com,
www.SeeWorld.biz and www.FTSWireless.com. For additional information about
FTS Group, Inc. or any of its wholly owned subsidiaries please review the
Company's quarterly, annual and other filings with the Securities and
Exchange Commission at http://www.SEC.gov or contact the Company at the
e-mail or phone number below.
Additional information for investors
This release may contain forward-looking statements regarding the Company's
business, customer prospects, or other factors that may affect future
earnings or financial results. Such statements involve risks and
uncertainties which could cause actual results to vary materially from
those expressed in the forward-looking statements. Investors should read
and understand the risk factors detailed in the Company's 10-KSB for the
fiscal year ended December 31, 2005 and in other filings with the
Securities and Exchange Commission and www.SEC.gov.
Contact:
FTS Group, Inc.
Scott Gallagher
CEO
(215) 688-2355
FTSGroup@aol.com
Cord Blood America, Inc. CBAI), the umbilical cord blood stem cell preservation
company which is focused on bringing the life saving potential of stem cells
to families nationwide (http://www.cordpartners.com), today announced that
revenues for the year ended December 31, 2005 increased 51 percent to
$2.28 million compared to revenues of $1.5 million in 2004.
The Company said gross profit increased 48 percent in 2005 to $513,340 and
total assets increased from $334,074 at year-end 2004 to $2.2 million on
December 31, 2005, a 568 percent increase.
"We continue to outpace the industry with our financial performance," said
Chairman and CEO Matthew L. Schissler. "Our success in 2005 was due to
increased marketing efforts, both print media and the Internet, more
consistent communications with prospective customers by telephone, direct mail
and e-mail, the addition of sales people with increased experience, and
importantly an ongoing increase in repeat business and referrals."
Mr. Schissler said the foundation for continued success in 2006 includes
increased strategic referral partnerships with Obstetrics and Gynecology
practices and other healthcare professionals. "Partnering with medical
professionals who work closely with expectant families will further enhance
our long-term growth and profitability," Mr. Schissler said. "We already see
improved results with the increase in customers referred to us by these
physicians."
"We provide families with a convenient and customer friendly storage
option for their child's own rich and abundant source of stem cells.
Umbilical cord blood has emerged as an ideal source for stem cells that may
provide a life-saving option to fighting a multitude of diseases in the
future," Mr. Schissler said. "We are especially proud that our unique pricing
program allows families to bank the umbilical cord blood stem cells without
the major down payment that is required by other programs in the industry."
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of
Cord Partners, which facilitates umbilical cord blood stem cell preservation
for expectant parents and their children. Its mission is to be the most
respected stem cell preservation company in the industry. Collected through a
safe and non-invasive process, cord blood stem cells offer a powerful and
potentially life-saving resource for treating a growing number of ailments,
including cancer, leukemia, blood, and immune disorders. To find out more
about Cord Blood America, Inc. (OTC Bulletin Board: CBAI), visit our website
at www.cordblood-america.com . For more information on how this precious
lifeline can benefit your family, visit our consumer website at
www.cordpartners.com .
Forward-Looking Statements
Some statements made in this press release are forward-looking statements,
which are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. We use words such as "anticipate,"
"believe," "expect," "future," "intend," "plan," and similar expressions to
identify forward-looking statements. These statements including those related
to: (i) our ability to outpace the industry with our financial performance,
(ii) whether increased strategic referral partnerships with Obstetrics and
Gynecology practices and other healthcare professionals will contribute to our
success in 2006 (iii) whether Partnering with medical professionals who work
closely with expectant families will further enhance our long-term growth and
profitability, and (iv) whether stem cells will provide a life-saving option
to fight a multitude of diseases in the future, are only predictions and are
subject to certain risks, uncertainties and assumptions. Additional risks are
identified and described in the company's public filings with the Securities
and Exchange Commission. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent date. The
company's past performance is not necessarily indicative of its future
performance. The company does not undertake, and the company specifically
disclaims any obligation to update any forward-looking statements to reflect
occurrences, developments, events, or circumstances after the date of such
statement.
CONTACT:
Trevor Bryant
Cord Blood America, Inc.
(310) 432-4090
tbryant@cordpartners.com
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
SOURCE Cord Blood America, Inc.
Contact Information:
Trevor Bryant of Cord Blood America, Inc., +1-310-432-4090, tbryant@cordpartners.com; or Paul Knopick of E & E Communications, +1-949-707-5365, pknopick@eandecommunications.com, for Cord Blood America, Inc.
WebSite:
http://www.cordpartners.com
Pearl Asian Mining Industries, Inc. PAIM announced today that it hired and signed a contractual agreement with
BUYINS.NET. The service will be used for 3 months starting on April
18, 2006 and ends on July 18, 2006.
BUYINS.NET is a research service designed to combat short selling
and naked short selling in US stocks. BUYINS.NET is to provide unique
research to give insight into short selling in PAIM stock. The
BUYINS.NET Squeeze Trigger Report has general information about the
short activity in Pearl Asian Mining Industries, Inc. shares from
every US stock market dating back to January 1, 2005. The Squeeze
Trigger database collects individual short trade data on over 7,000
NYSE, AMEX and NASDAQ stocks and general short trade data on nearly
8,000 OTC BB and OTC Pink Sheet Market quoted stocks. The BUYINS.NET's
proprietary "Squeeze Trigger Report" alerts shareholders and
prospective shareholders to the exact price that a short squeeze can
start in any US stock. This not only serves as a method to combat
existing naked short sellers but also as a deterrent to future short
selling in the shares of a stock. Each month for 3 months, BUYINS.NET
will issue a Squeeze Trigger Report alerting Wall Street as to the
approximate short selling activity in PAIM shares and the exact price
at which a short squeeze is expected to begin. This Report will be
provided to all PAIM investors / shareholders and institutions free of
charge.
Pearl Asian Mining Industries, Inc. will have access to the price
and approximate volume of short sale transactions in its stock from
every stock market venue in the U.S. BUYINS.NET has a proprietary
algorithm that calculates the exact price that all the shorts will
start losing money in their trades. Once PAIM's shareholders,
prospective shareholders, and Wall Street know this number, a virtual
battlefield of BULLS vs. BEARS will be staged and BULLS will know for
the first time in history, the exact time to strike against the BEARS.
The information contained herein is not guaranteed by BUYINS.NET
to be accurate, and should not be considered to be all-inclusive.
Pearl Asian will pay a $2,985.00 data fee ($995 per month for 3
months) information provided in this report. The data service can be
cancelled at any time.
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 could cause actual results
to differ materially from anticipated results include 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: ENERGY OIL/GAS GOVERNMENT FEDERAL GOVERNMENT AGENCIES PUBLIC POLICY/LEGISLATION STATE/LOCAL MANUFACTURING CHEMICALS/PLASTICS ENGINEERING NATURAL RESOURCES MINING/MINERALS PROFESSIONAL SERVICES FINANCE COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS CONTRACT/AGREEMENT
SOURCE: Pearl Asian Mining Industries Inc.
CONTACT INFORMATION:
Pearl Asian Mining Industries Inc.
PHILIPPINES
Investor Relations
Engr. Gary Gotanco, MBA, 011-63-2-490-0140
or
USA
Investor Relations
Richard C. Miller, 770-336-5779
or
IR@PearlAsianMining.com
www.PearlAsianMining.com
FAX: 877-317-4430 (USA)
SEVI - Systems Evolution, Inc. Announces Revenue from Next Hire Operations Exceeds $140,000 for March 2006
Business Wire - April 18, 2006 06:28
HOUSTON, Apr 18, 2006 (BUSINESS WIRE) -- Systems Evolution, Inc. (OTCBB:SEVI), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it's permanent placement division, Next Hire, Inc., has achieved over $140,000 in revenue for the month of March, 2006.
"Another goal exceeded by the excellent performance of our Next Hire Team. Continued strength in the oil and gas and infrastructure markets is leading us to further expand these operations," stated Mr. Robert Rhodes, CEO, "And remember our conference call on Wednesday, April 19, 2006 at 10:00AM Eastern, Dial 1-800-446-1671, Confirmation number 14357879, Host: Mike Campbell, and learn more about SEVI and it's plans for 2006."
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:
his 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.
SOURCE: Systems Evolution, Inc.
Systems Evolution Inc., Houston
Mike Campbell, 713-979-1600 ext. 108
investor.relations@systemsevolution.com
InsynQ, Inc. INSN), a premier provider of
application hosting services, online accounting solutions and services, and
owners of Appgen Business Software, today announced that they have settled
a $333,000 lawsuit with its former landlord from the year 2000.
InsynQ's Management continues to demonstrate its ability and commitment,
along with the support of its Investors, to build on the foundation that it
has laid down over the last 8 years of hosting software for hundreds of
companies. "As an early adopter of the 'Software as a Service' model, we
have been challenged to educate the market regarding the value we bring to
the small and medium size business market," says John P. Gorst Chairman and
CEO of InsynQ.
Mr. Gorst further states, "However, over the last 6-8 months we have
witnessed a turn in the market. While we were ahead of the adoption curve,
many businesses are now more informed and better understand the value of
outsourcing the management of software to third party providers, now giving
these businesses the ability to access their corporate software and data,
'anytime-anywhere,' over the Internet."
InsynQ demonstrates its ability to continually add value to its service
model by introducing new, innovative and feature-rich applications and
services through Always-On services (www.insynq.com) and through their
e-Accounting business (www.cpaasp.com).
About InsynQ
InsynQ has been delivering outsourced software application hosting and
managed IT services since 1997. InsynQ allows business customers to "turn
on" their software applications and workstations instantly through any web
enabled computer, regardless of operating system. What's more, InsynQ
subscribers can freely access their software and data from any Internet
ready computer, anywhere in the world. The company also offers IT and
network integration consulting, multimedia development, a broad range of
business application services, and infrastructure management services. For
more information, visit us at www.insynq.com or call us at 253-284-2000.
Forward Looking Statements
Forward-looking statements are subject to a number of risks, assumptions
and uncertainties that could cause the Company's actual results to differ
materially from those projected in such forward-looking statements. These
risks, assumptions and uncertainties include: the ability to complete
systems within currently estimated time frames and budgets; the ability to
compete effectively in a rapidly evolving and price competitive
marketplace; changes in the nature of telecommunications regulation in the
United States and other countries; changes in business strategy; the
successful integration of newly-acquired businesses; the impact of
technological change; and other risks referenced from time to time in the
Company's filings with the Securities and Exchange Commission.
Contact:
Mandy Maxwell
Marketing & Public Relations
Phone: (253) 284-2000, ext. 2061
Email: Email Contact
JUPITER Global Holdings, Corp. JPHC) today proudly announces it recently filed with
the U.S. Securities and Exchange Commission an amended Form 8-K /A Current
Report disclosing the audited financial statements of Macro Communications,
Inc. ("Macro") for the periods ending December 2003 and December 2004. The
amended Current Report also includes the required unaudited proforma
financial information that now includes the acquisition of Macro.
In the month of September 2005 JUPITER completed its acquisition of Macro,
a US-based telecom services company. JUPITER believes this amended filing
completely supports the conclusion that JUPITER is now on its way to being
a business with sufficient sales and assets to eventually achieve
meaningful earnings per share and to continue to build value for its
shareholders.
The amended Current Report confirms Macro's audited revenues of $18,808,567
for the period ended December 31, 2003, $ 11,871,442 for the period ended
December 31, 2004 and unaudited revenues of $4,754,684 for the period ended
June 30, 2005. Further details disclosed in the amended Current Report can
be found in the aforementioned amended Form 8-K/A Current Report.
Our recent Form 8-K filing continues Management's plans and objectives for
the Company to finalize its reporting obligations following the acquisition
of Macro in September 2005 and it facilitates our continuing discussions
that Management believes will result in a material transaction with a
potential acquirer/merger candidate. Management further believes that such
discussions have recently progressed to a level where the Company now
anticipates the successful completion of a transaction within the very near
term.
Although Management is encouraged and remains optimistic at this stage of
the discussions, no assurances can be given that an acquisition or merger
transaction will be agreed to by the parties or that such a transaction
will be approved by our shareholders, if required.
ABOUT JUPITER GLOBAL HOLDINGS, CORP.
JUPITER Global Holdings, Corp. is a holding company with interests and
developments in a diverse number of growing industries. JUPITER plans to
achieve a leadership position through the building of a synergistic network
of innovative, profitable and global businesses.
Statements contained herein that are not based on historical fact are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. JUPITER Global Holdings Corp. intends that
such forward-looking statements be subject to the safe harbor created
thereby. Such forward-looking statements are based on current assumptions
but involve known and unknown risks and uncertainties that may cause
JUPITER Global Holdings Corp. actual results, performance or achievements
to differ materially from current expectations. These risks include
economic, competitive, governmental, technological and other factors
discussed in JUPITER Global Holdings Corp. applicable public filings on
record with the U.S Securities and Exchange Commission which can be viewed
at its website at http://www.sec.gov
Please visit our website: www.jupiterglobal.net
For more information please contact:
Jupiter Global Shareholder Services
Phone: 1.800.963.6532
Email Address: Email Contact
Produce Safety & Security International PDSC) an ozone and chemical sanitation disinfectant process
supplier to the food and medical industries, today announced the opening of
the new Corporate Office and Distribution Center in Prescott, Arizona.
This office will provide all corporate functions, administration as well as
support for all sales, marketing, and distribution offices for "Food Safe"
Produce, using the Ozone and Spherequat process for the sanitization and
removal of Food-Borne Illness Pathogens from Food Processing. The Corporate
Office and Distribution Center, is located in the new Arizona Industrial
Air Park facility at 6708 Corsair Avenue, Suite A, Prescott, Arizona 86305.
The office will be under the direction of Clarence W. Karney, CEO of PDSC,
with staff of Jerome Mitchell, Director of IT and Industrial Layout,
Complete Administrative Staff and Distribution Services. This facility will
also provide a "Food Safety" Pilot Program and a complete "Food Safety"
Product Testing Laboratory and distribution of Spherequat® 1000, 6400,
RTU 2525-200, Medic-Kleen and Spherequat R-T-U Quantary Food Contact
Service Sanitizer.
Clarence W. Karney, Chief Executive Officer of Produce Safety & Security
International, stated, "The Prescott distribution center is ideally located
to provide our Arizona clients hands-on assistance, in a market that is
very active twelve months out of the year, as well as our Nevada, New
Mexico, Colorado, Idaho and Utah clients." Mr. Karney continues by
stating, "The Air Park location will support our efforts in presenting our
clients comprehensive food safety services, which is vital to this diverse
region that requires a mix of produce, dairy, meat and poultry solutions.
Furthermore, we believe this to be an area ripe for our wastewater and
sanitation solutions."
About Produce Safety & Security International, Inc.
PDSC has developed and patented products for extending the shelf life of
perishables. The EPA-registered products sanitize and disinfect against
food-borne illness pathogens and disease-causing bacteria. PDSC provides a
range of options for retail stores, restaurants, cruise ship lines,
disaster cleanups and municipal programs. Furthermore, the process
incorporates a complete audit trail, an essential component for complying
with government regulations.
PDSC's state-of-the-art ozone process has been shown to extend the shelf
life and remove food-borne illness bacteria. This process will provide
retail produce departments reduced shrinkage, increase the bottom line and
provide a fresher product for the consumer. The customer will be assured of
a safe food product, by use of this process, which may be used on organic
produce to remove the pathogens. This process uses no chemicals thus
meeting the requirements of organic certification.
For further product information, joint venture opportunities,
distributorship program information, or program applications, please go to
Company web site: www.foodsafeint.com.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the
"safe harbor" provision of the Private Securities Litigation Reform Act of
1995. Forward-looking statements made by Produce Safety & Security
International, Inc. are not a guarantee of future performance. This news
release includes forward-looking statements, including with respect to the
future level of business for the parties. These statements are necessarily
subject to risk and uncertainty. Actual results could differ materially
from those projected in these forward-looking statements as a result of
certain risk factors that could cause results to differ materially from
estimated results. Management cautions that all statements as to future
results of operations are necessarily subject to risks, uncertainties and
events that may be beyond the control of Produce Safety & Security
International, Inc. and no assurance can be given that such results will be
achieved. Potential risks and uncertainties include, but are not limited
to, the ability to procure, properly price, retain and successfully
complete projects, and changes in products and competition.
For Investor Relations information,
Contact:
Harrison, Elliott, & Brown LLC
Henry Harrison
(407) 862-5151
hharrison@insidewallstreet.com
http://www.insidewallstreet.com
Imperia Entertainment, Inc. IPRE) announced
today that its shooting team returned from Moscow over the weekend,
where they have successfully completed all of the pickup shots to
finish the feature film, "Say It In Russian." The company has already
been approached by several international film distributors for the
film, which is in the lineup for the Cannes Film Market May 17th
through 28th. "Now it's up to our editor, David Rawlins, to complete
the job," said Kenneth Eade, Executive Producer and Company Chairman.
"I think he's up to the task, having edited some of the most momentous
films of the past five decades," he added.
About "Say It In Russian"
"Say It In Russian" is a full length feature film, shot on 35mm.
It is a romantic adventure, shot in Paris, Moscow and Los Angeles,
starring Faye Dunaway, Rade Sherbedgia ("Snatch"), Steven Brand ("The
Scorpion King"), Alex Nesic ("Sleeper Cell") and introducing Agata
Gotova, with supporting roles played by Steven Berkoff ("Beverly Hills
Cop"), Musetta Vander ("O Brother, Where Art Thou?"), Elya Baskin
("Moscow on the Hudson") and Oleg Vidov ("Red Heat"), among others.
About Editor David Rawlins
"Say It In Russian"'s editor, David Rawlins, has a legendary
career which spans five decades. His films have sparked world cultural
and political movements, such as "Kung Fu," "The China Syndrome,"
"Saturday Night Fever," and "Urban Cowboy." His films also include the
works of legendary film makers Sam Peckinpah ("The Osterman Weekend"),
John Hughes ("Baby's Day Out") and Mel Brooks ("Life Stinks"), as well
as studio movies "Mr. Magoo," "Firestarter" and "Back to School."
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a
company which has emerged as a player in the area of independent film
production and distribution, once monopolized by the major film
studios. In conjunction with its distribution subsidiary, Imperia
International Distribution, the company engages in investing in and
producing and distributing full-length feature films. Along with its
equity interest in the widely anticipated "All That I Need"
(www.allthatineed.net), released in theaters last December and coming
to DVD in February, Imperia's film properties include its feature film
"Say It In Russian," directed by Jeff Celentano ("Primary Suspect,"
"Gunshy") and edited by David Rawlins ("Saturday Night Fever"),
"Brothers," by Tarquin Gotch ("Home Alone"), "Whiskers," by Jordan
Klein ("Flipper," "Splash," "Cocoon"), the award-winning "Autograph"
television series (www.autograph.tv), which airs on the Colours
Television Network and the "Faces and Names" television series.
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 Imperia Entertainment, Inc., and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. 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: EUROPE NORTH AMERICA CALIFORNIA UNITED STATES RUSSIA FRANCE
INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES PRODUCT/SERVICE PHOTO/MULTIMEDIA
SOURCE: Imperia Entertainment, Inc.
CONTACT INFORMATION:
Imperia Entertainment, Inc.
James Hergott, 310-275-0089
or
Vivian Fullerlove, 214-564-3359 (Public Relations)
musbviv@yahoo.com
EWAN 1 Inc. EWAN) has filed an application with the U.S. Patent Office to protect its proprietary technology to
its unique Triple Play DMC set-top box. EWAN will launch their Global
Internet television service over the EWAN Network, at the IPTV show,
"IPTV & Beyond," April 19, 2006, at the Marriott Del Mar, San Diego,
CA. EWAN retained an intellectual rights specialist to submit the
appropriate filing, which covers the computerized engineering
developed by EWAN's wholly-owned subsidiary, CoCom.
Scott Kettle, EWAN's President, observed: "Our DMC set-top box is
one of the first wireless set-top boxes on the market, with features
unmatched by any of our potential competitors. For instance, EWAN
believes that it is the first company with the ability to deliver
Internet TV with the clarity of high definition to our subscriber's TV
sets, negating the need to purchase an actual High Definition TV set
and screen. We will begin delivering multiple channels of "On Demand"
content delivered to our subscribers via any DSL or broadband
connection beginning April 19th, 2006, and, as far as we know, we will
be first-to-market, and the only global Internet TV network."
Direct Connect, a wholly owned EWAN subsidiary, will provide
traditional broadcast television, as well as local stations on an a la
carte basis, allowing subscribers to pick and choose only those
channels they are willing to pay for. EWAN's set-top box includes
Internet, telephone service (VOIP), data and video capability, and
subscribers will be joining a new, private, exclusive TV network at a
cost of approximately one-third of that now charged by existing cable
or satellite companies.
Infonetics magazine reports that IPTV is set to skyrocket to 53.7
million subscribers and $44 billion in service revenue by 2009, and
that the number of IPTV subscribers in North America will increase
12,985% between 2004 and 2009. According to IP Television Magazine -
In the 1st quarter 2005, there were: 2.1 million IPTV users worldwide.
For demonstration, email CEO@eWAN1.com. Please furnish name,
address, and office telephone numbers. http://www.ewan1.com
For Further Information on EWAN 1, Inc., contact: Michael Selsman
@ Public Communications Co., 310-553-5732, or
ms@publiccommunications.biz, or Brass Bulls Corp., Marc Lovito
1-866-342-2700.
EWAN (http://www.eWAN1.com) specializes in broadband network
solutions including high-speed Internet access, data, gaming, voice
and video services, utilizing the most advanced network design and
architecture in the industry, based on building its telecommunications
network "on top" of major metropolitan fiber optic interconnection
points within class 'A' carrier facilities, and by incorporating the
fastest, most reliable, redundant and scalable hardware available. At
present, EWAN is the only midsize ISP offering "wire-speed" networking
in every device, at every access point.
Forward-Looking Statements
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 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
may include forward-looking statements that 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.
KEYWORD: NORTH AMERICA CALIFORNIA FLORIDA UNITED STATES
INDUSTRY KEYWORD: ENTERTAINMENT TECHNOLOGY HARDWARE INTERNET TELECOMMUNICATIONS
SOURCE: EWAN 1 Inc.
CONTACT INFORMATION:
For EWAN 1, Inc., Santa Ana
Public Communications Co.
Michael Selsman, 310-553-5732
ms@publiccommunications.biz
or
Brass Bulls Corp.
Marc Lovito, 1-866-342-2700
RushNet, Inc. RSHN) announces a staggering number of hits has occurred at BevNET.com on their photo of "Robert
Corr & Antra" (the Hostess) from RushNet's booth at the recent
ExpoWest. Of the 100 photos BevNET shot and posted, one for every
beverage company there, 99 of those photos amassed 11,400 total hits;
but RushNet's photo has 21,400 hits by itself(!),10,000 more than the
rest of them combined. The magnetic photo that's gaining all the
attention can be seen at: www.bevnet.com/photos/gallery.asp?action=
viewimage&categoryid=10&text=&imageid=439&box=&shownew= (Due to its
length, this URL may need to be copied/pasted into your Internet
browser's address field. Remove the extra space if one exists.)
RushNet, Inc.'s licensed products are developing a new following
from the young and diverse group of people using myspace.com, the
phenomenally popular networking site that has over 70 million devoted
users and is in the top 10 of all websites visited. "KC" Williams, a
loyal RushNet stockholder, has recently designed and installed a new
myspace website to reach the youth audience. "Since the RushNet site
started April 9th, www.myspace.com/enjoytherush, we have already seen
huge interest with nearly 1000 friends and counting. I see lots more
potential", said KC. " We will soon be offering exclusive myspace
RushNet sampler beverage packs to answer the demand of online users
interested in trying the Rushes and e-water(TM)."
Robert Corr, President of RushNet, Inc. stated. "This new interest
and excitement for Ginseng Rush(R) and Ginseng Rush XXX(TM) at myspace
adds a new dimension to the customer base for our beverages. This
confirms also that our intent to attract consumers to healthy
beverages is succeeding, and these consumers are much younger than the
beverage itself; Ginseng Rush(R) celebrates its 28th Anniversary this
July. Can you imagine how Wisconsin's Hugo Phabe, (who developed the
first Ginseng Soda 100 years ago) would have felt if he knew that the
youth of America is now reaching for real American Ginseng Sodas.
Seeing the surging interest created by BevNET.com and myspace.com,
invigorates our goals of reaching consumers of all ages, and will help
us in achieving the strong, sustained increases in sales that are now
becoming a reality across the nation."
RushNet, Inc. is pleased, and relieved, to announce that the
deluge of internet orders from the store at enjoytherush.com have all,
as of Thursday, April 13 been filled and shipped.
RushNet Inc. is the licensed marketing agent for Rush Beverage
Company products including Ginseng Rush(R), Ginseng Rush XXX(TM) and
Rush Ginseng Cola(TM). RushNet, Inc. is the brand owner of
e-water(TM).
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.
KEYWORD: NORTH AMERICA ILLINOIS UNITED STATES
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE SUPERMARKET PRODUCT/SERVICE TRADE SHOW
SOURCE: RushNet, Inc.
CONTACT INFORMATION:
Christie Communications
Cristina Romeo, 805-565-4122
cromeo@christiecomm.com
GEN ID Lab Services, Inc. GDLB) today
announced that the company will be conducting research in the area of
antiviral compounds to identify molecules to treat human infections
with the Avian Flu Virus (H5N1) or a mutant version thereof. This is a
rapid line of defense in the event that a vaccine is not ready or
cannot be manufactured quickly enough for combating an outbreak of the
disease, should it occur.
As announced last week, GEN ID has contracted S2 Biosciences Inc.
("S2"), a privately held company, to perform testing of biological
samples (from birds and/or human origin) for the presence of the H5N1
virus commonly known as the Bird Flu. Using S2's proprietary H5N1
amplification probes and modified PCR reactions, the system will
amplify several regions of the H5N1 genome, thereby providing positive
proof for the presence or absence of the deadly virus.
Furthermore, S2 will be cloning the entire H5N1 influenza virus
genome (all three RNA segments). The clones and/or selected regions
thereof will be used to develop new human vaccine candidates.
Hector A. Veron, President of GEN ID, stated, "We are continuing
in our effort to find a solution to this deadly virus. Our process
with S2 is proceeding well and we will be taking steps over the next
few months to make sure that we have a presence in the marketplace. We
will keep shareholders informed of any new developments as they
occur."
About GEN ID:
GEN ID is a diversified medical testing company that seeks to
provide physicians with more necessary and personalized treatment
data, individualized towards patients and based on genetic screening
technologies, such as SNP (Single Nucleotide Polymorphism) testing.
This analysis will provide information on genetic predisposition to
various diseases, such as different forms of cancer, cardiovascular
abnormalities, dermatological diseases and predicting pharmacodynamic
patterns pertinent to individual drugs for individual patients. GEN ID
plans to leverage its strong relationships within the genomics
community to maximize its presence in the market. For more
information, visit the company's website: www.GenIDLabs.com
About S2 Biosciences:
S2 Biosciences, Inc. is a privately held, Montreal-based company
providing preclinical contract research services to the pharmaceutical
industry worldwide. S2 also conducts molecular biology and
biotechnology research and development and has specific expertise in
virology and communicable diseases. S2 has developed several
technologies which it has licensed to companies in the U.S. and
Canada.
This news release may include "forward-looking" statements within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact included or
incorporated herein may constitute forward-looking statements.
Although GEN ID believes that the forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
to be correct. The forward-looking statements involve risks and
uncertainties that may affect GEN ID's operations and financial
performance. Among the factors that could cause results to differ
materially are those risks discussed in GEN ID's filings with the
Securities and Exchange Commission, including our Annual Reports on
Form 10-KSB.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES CANADA
INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY GENETICS INFECTIOUS DISEASES PHARMACEUTICAL RESEARCH & SCIENCE PRODUCT/SERVICE
SOURCE: GEN ID Lab Services, Inc.
CONTACT INFORMATION:
GEN ID Lab Services, Inc.
Hector A. Veron, 909-574-6470
IR Number, 909-609-4571
Veridium Corporation VRDM) today announced its receipt of an order from an Iowa based ethanol producer
for the use of Veridium's patent-pending Corn Oil Extraction
System(TM).
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 later this
year at the Iowa 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. Veridium will purchase and sell the
extracted corn oil and generate an estimated $1.4 million to $1.8
million in annualized revenues from this one system once it has been
installed.
The new order brings Veridium's expected total annualized ethanol
oil recovery sales to between $8.4 million and $10.8 million per year.
David Winsness, chief executive officer of Veridium's industrial
design division, stated that "ethanol is a basic commodity and we need
more of it. While the industry builds out increased production
infrastructure with new facilities, our patent-pending Corn Oil
Extraction Systems(TM) and other proprietary technologies have been
specifically engineered to help ethanol producers enhance production
out of their existing plants in cost-effective and rapid ways. We are
grateful and excited to have the opportunity to provide our ethanol
clients with innovative and cost-effective options as they meet the
increased demand for this valuable commodity."
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 70% owned by GreenShift Corporation (OTC
Bulletin Board: GSHF), a publicly traded company 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: TECHNOLOGY NATURAL RESOURCES ENVIRONMENT
SOURCE: Veridium Corporation
CONTACT INFORMATION:
Veridium Corporation
Investor Relations
888-870-9197, ext. 291
Fax: 646-792-2636
Email: investorrelations@veridium.com
Web: www.veridium.com
or
CEOcast, Inc. for Veridium Corporation
Ed Lewis, 212-732-4300
Innova Holdings, Inc. IVHG), a robotics and automation technology company providing software and hardware
systems-based solutions to the service, personal, and industrial robotic
markets, announced today that it has received an order for the Universal
Robot Controller(TM) (URC(TM)) and a robot from Embry-Riddle Aeronautical
University (ERAU). The parties entered into a strategic alliance last
month.
The significance of this transaction is that it provides the basis for
study, curriculum development, and training of top-quality students at a
superior university in the field of robotics and unmanned aircraft using
Innova proprietary software. This is the first step in putting the Innova
product in the hands of future users who will become accustomed to the ease
and adaptability of Innova robotics software and PC controls technologies.
These users will subsequently be able to transfer that knowledge to other
products in the Innova suite like BattleScript for unmanned vehicle
applications, JAUS compliance software, and other planned control software
applications.
"This order for the URC and a robot signal the start of an intensive R&D
effort," said Walter Weisel, Chairman and CEO of Innova Holdings. "There is
a great need in both the commercial and military markets for unmanned
robotic vehicles that can perform tasks on the ground, in the air, and
under sea. We are confident that this relationship will result in
commercially viable innovation for real-world applications."
This collaborative effort is the first since forming the alliance between
Innova Robotics and ERAU just a few weeks ago.
Innova Holdings and ERAU plan to exhibit the results of their combined R&D
efforts at the Association for Unmanned Vehicle Systems International
(AUVSI) Unmanned Systems North America 2006 Symposium and Exhibition, which
is being held August 29-31, 2006 at the Gaylord Palms Resort & Convention
Center in Orlando, Florida. This is the world's largest display of unmanned
systems technology with over 175,000 square feet of exhibits and more than
70 presentations featuring the latest industry trends and activities.
Innova Robotics and ERAU will focus on communication and control in
aviation, space applications, and the Innova communications link between
space and unmanned aircraft.
Innova Holdings has been working with the NASA Goddard Space Flight Center
(GSFC) that is using the high-performance URC as the control system to
prove-out robotic mechanisms that would be deployed for the future mission
to the Hubble Space Telescope (HST). Embry-Riddle Aeronautical University
is recognized as a world leader in aerospace education including aerospace
engineering, aeronautical science, flight and flight-testing, aircraft and
propulsion systems, avionics engineering and other associated disciplines.
Combining these efforts will provide the communications data link required
for commercial and military operations of the future.
About Innova Holdings, Inc.
Innova Holdings, Inc. (OTC BB: IVHG), Fort Myers, Florida, builds
shareholder value by developing and acquiring technology-differentiated
solutions with extraordinary potential for profitable and sustainable
growth. Innova Holdings is chartered to continue expanding its growing
suite of technologies through acquisitions and organic growth.
About Robotic Workspace Technologies, Inc.
Robotic Workspace Technologies (RWT), Fort Myers, Florida, is a subsidiary
of Innova Holdings, Inc. and a leading provider of open architecture,
patent-protected, PC controls, software, and related products that improve
the performance, applicability, and productivity of robots and other
automated equipment. RWT holds three pioneer utility patents issued by the
United States Patent and Trademark Office (USPTO) and patents pending
pertaining to the interface of a general use computer and the mobility of
robots, regardless of specific applications. Its technology has been
applied in industries ranging from agriculture to automotive, to medical
and R&D. RWT is recognized internationally for its pioneering contributions
to the robotics industry. Its founder, Mr. Walter Weisel, has been a
driving force in the robot industry for the past 33 years, and is a
recipient of the prestigious Joseph F. Engelberger Award recognizing his
contributions to the advancement of robotics and automation.
About Innova Robotics, Inc.
Innova Robotics, Inc., Fort Myers, Florida, is a subsidiary of Innova
Holdings, Inc.,
founded specifically to enable development of technologies, applications,
and emerging markets in military, space, undersea exploration, and homeland
security. As a wholly owned subsidiary of Innova Holdings, Inc., Innova
Robotics will leverage the patented products, technology, and robotics
expertise of RWT, as well as strategic relationships with system
integrators and third-party developers to earn a leadership position in
this emerging industry.
RWT(TM), Universal Robot Controller(TM), URC(TM) RobotScript®, and
TeachPoint File Creator(TM) are either registered trademarks or trademarks
of Innova Holdings, Inc. in the United States and/or other countries.
The names of actual companies and products mentioned herein may be the
trademarks of their respective owners.
Forward-looking statements such as "believe," "expect," "may," "plan,"
"intend," etc. contained herein are within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements involve risks
and uncertainties and are based on the Company's beliefs and assumptions it
made using information currently available to it and which reflect current
views concerning those future events. Actual results could differ
materially. Therefore, undue reliance should not be placed on any
forward-looking statements, since they apply only as of today's date, and
accordingly, reference should be made to the Company's periodic filings
with the SEC.
FOR MORE INFORMATION CONTACT:
Sandra L. Brooks
INCOMM International Inc.
7825 Baymeadows Way, Suite 101-A
Jacksonville, FL 32256
Tel: (904) 636-5085
Email: slbrooks@incomminternational.com
URL: www.incomminternational.com
DataLogic International, Inc. DLGI; Berlin, Frankfurt Stock
Exchange: 779612), a provider of GPS-based mobile asset management, secured
mobile communications and network security, today announced its financial
results for the year ended December 31, 2005.
Financial Results
DataLogic International net revenues for the year ended December 31, 2005
were $17,522,795 as compared to net revenues of $14,255,054 for the year ended
December 31, 2004. The 22.9% increase in revenues year over year was
primarily due to the growth of the Company's communications business segments.
Gross profit for the year ended December 31, 2005 was $2,153,348, or 12%
of revenues, as compared to gross profits of $2,661,991, or 19% of revenues,
for the prior year. The decrease in gross profit was due primarily to the
change in the composition of cost of goods sold as a result of differing types
of contracts between 2005 and 2004 and due to the changing composition of
costs of goods sold and operating expenses as a result of acquisitions in
2005.
Operating expenses for the year ended December 31, 2005 were $2,764,072 as
compared to $3,653,430 for the prior year. The decrease in operating expenses
was mainly due to the large bad debt write-offs in 2004 and secondarily due to
the changing composition of costs of goods sold and operating expenses as a
result of acquisitions in 2005. As noted above, cost of goods sold increased
accordingly.
Interest expense for the year ended December 31, 2005 was $899,985 as
compared to $538,827 for the prior year. The increase in interest expense was
primarily attributable to the inclusion of a full 12 months of cost associated
with the Company's notes and debt issuance related to the Laurus Master Fund
financing facility established in June, 2004.
As a result of the above, the Company's net loss for the year ended
December 31, 2005 was $420,271, or a loss of $0.01 per share, as compared to a
net loss of $1,482,456, or a loss of $0.04 per share in the prior year.
For the year ended December 31, 2005 the Company's assets consisted of
cash and cash equivalents of $456,780, $1,886,505 in accounts receivable,
$7,200 in marketable securities, and $1,068,575 in inventory, as compared with
$643,847 in cash and cash equivalents, $1,630,570 in accounts receivable,
$16,000 in marketable securities and $53,526 in inventory in the prior year.
The increase in inventory levels at December 31, 2005 as compared with
December 31, 2004 results primarily from acquisitions in 2005. For the year
ended December 31, 2005 Company current liabilities consisted of $2,189,688 in
accounts payable and accrued expenses and $1,532,651 in short-term debts, as
compared with $1,447,353 in accounts payable and accrued expenses and
$1,069,560 short-term debts in the prior year.
In preparing the financial statements for the year ended December 31, 2005
management performed a detailed analysis of the operations, records and
estimates used in all business segments and as a result wrote off various non-
performing assets and reclassified transactions. This effort was necessary to
provide the operating foundation upon which to build and support the Company's
anticipated growth in 2006 and beyond, and return the Company to
profitability.
Management Analysis
"We are very pleased with our results for 2005 and the reduction in our
net loss for the year. We grew revenues in excess of 22% and made significant
gains across both our business segments. We look forward to 2006 and
continuing on the path to returning the Company to profitability," stated
Keith Moore, Chairman and CEO. "We are also dedicating more resources to
acquisition opportunities to increase market share and provide additional
services, revenue and cash flow."
About DataLogic International, Inc.
DataLogic International, Inc. provides communications solutions and
consulting services to a wide range of U.S. and international commercial
enterprises and governmental agencies. DataLogic provides complete GPS and
location based services to rapidly growing markets such as vehicle and asset
tracking, public safety and homeland security. DataLogic also provides secure
mobile communications, network security, video communications as well as
Information Technology and consulting services. For more information about
DataLogic International, please visit www.dlgi.com.
This news release includes 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, as amended, regarding, among other things, our plans,
strategies and prospects, both business and financial. Although we believe
that our plans, intentions and expectations reflected in or suggested by these
forward-looking statements are reasonable, we cannot assure you that we will
achieve or realize these plans, intentions or expectations. Forward-looking
statements are inherently subject to risks, uncertainties and assumptions.
Many of the forward-looking statements contained in this news release may be
identified by the use of forward-looking words such as: believe, expect,
anticipate, should, planned, will, may, intend, estimated, and potential,
among others. Important factors that could cause actual results to differ
materially from the forward-looking statements we make in this news release
include market conditions and those set forth in reports or documents that we
file from time to time with the United States Securities and Exchange
Commission. All forward-looking statements attributable to DataLogic
International or a person acting on its behalf are expressly qualified in
their entirety by this cautionary language.
Contact Information:
Keith C. Moore, Chairman and CEO
DataLogic International, Inc.
949-260-0120. ext. 106
SOURCE DataLogic International, Inc.
Contact Information:
Keith C. Moore, Chairman and CEO of DataLogic International, Inc., +1-949-260-0120, ext. 106
WebSite:
http://www.dlgi.com
IDenta Corp. IDTA) announced today that it has received its first order
from the federal government through the U.S. Department of State. The
transaction was negotiated by Michael Phipps, CEO of Millennium Security
Solutions (MSS), headquartered in McLean, Virginia and represents a crucial
milestone for IDenta's effort to penetrate the Federal marketplace.
"Michael and his team did an outstanding job of staying on top of this
opportunity," said IDenta CEO Yaacov Shoham. "Just because we have an
excellent product does not mean the doors just open. Millennium knew the
testing environment, the bid protocol and executed the agreement because I
believe they also made the most persuasive presentation."
The State Department order, it is believed, will be used to help the U.S.
combat drug trafficking that originates in Central America. There are no firm
estimates of the total U.S. government expenditures on drug detection products
such as IDenta's, but is expected to exceed $50 million per year.
IDenta has been steadily increasing its exposure to the Federal
marketplace through a number of avenues including recently meeting with U.S.
Drug Enforcement Agency, and presentations at both the Law Enforcement Caucus
and the Methamphetamine Caucus on Capital Hill.
About Millennium Security
Millennium Security Solutions develops unique security solutions for all
levels of government, corporations and educational institutions. MSS focuses
on proven state of the art technology with expert integration in order to
solve our customer's specific needs.
For further information please visit http://www.millss.com .
About IDenta
IDenta Corporation is one of the world's leading providers of proprietary
on-site drug detection kits for governmental, professional and civilian use.
Information concerning IDenta's business plan and product line, including
rapid test kits (substance only) for the detection of marijuana, hashish,
ecstasy, cocaine, crack, heroin and methamphetamines may be found at
http://www.IDenta.biz and http://www.drugsdetector.com
IDenta and Millennium support "D.A.M.M.A.D.D.," Dads and Mad Moms Against
Drug Dealers, (http://www.dammadd.org )
For Investor Relations, lobbying interests or information concerning
IDenta's products internationally contact:
Yaacov Shoham, IDenta Corp., CEO
Tel: +972-52-6554487, +972-8-9716874
Fax: +972-8-9716875
fpi@drugsdetector.com
For Investor Relations in the United States contact:
Randy Jacobs, SITCOM LLC
IDentaNews@sitcomllc.com
+1-800-316-9437
Certain of the statements contained herein may be, within the meaning of
the federal securities laws, "forward-looking statements" that are subject to
risks and uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. These
forward-looking statements are based on management's expectations as of the
date hereof, and the company does not undertake any responsibility to update
any of these statements in the future.
SOURCE IDenta Corp.
Contact Information:
For Investor Relations, lobbying interests or information concerning IDenta's products internationally contact: Yaacov Shoham, CEO of IDenta Corp., Tel: +972-52-6554487, +972-8-9716874, Fax: +972-8-9716875, fpi@drugsdetector.com; For Investor Relations in the United States contact: Randy Jacobs, of SITCOM LLC for IDenta Corp., IDentaNews@sitcomllc.com, 800-316-9437
WebSite:
http://www.dammadd.org
And Good Morning to You Missy
Vision Works Media Group, Inc. VWKM) and wholly owned subsidiary New Screen Television, Inc. announce that
negotiations have been established with six new pay-TV distributors.
Revenues are to exceed previously stated goals of $2,000,000 monthly
from subscriptions alone.
Rick Erikson, New Screen TV's General Manager said, "Attending the
National Cable Television Association Show held in Atlanta this past
week has produced a number of excellent new future affiliates. New
Screen TV is on the cutting-edge of programming product
differentiation and that is exactly what pay-TV distributors are
looking to add to their programming schedules."
New Screen TV is now available to any and all satellite, cable and
fiber-to-the-home system operators in the U.S. New affiliates will
join Optical Entertainment Network, Auroras TV, and Eagle Broadband as
a part of New Screen TV's growing roster of affiliates. Distribution
of New Screen TV is via the SES-Americom AMC-10 satellite.
This press release does not constitute an offer of any securities
for sale. This press release contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements involve certain risks and uncertainties
that could cause actual results to differ, including, without
limitation, the company's limited operating history and history of
losses, the inability to successfully obtain further funding, the
inability to raise capital on terms acceptable to the company, the
inability to compete effectively in the marketplace, the inability to
complete the proposed acquisition and such other risks that could
cause the actual results to differ materially from those contained in
the company's projections or forward-looking statements. All
forward-looking statements in this press release are based on
information available to the company as of the date hereof, and the
company undertakes no obligation to update forward-looking statements
to reflect events or circumstances occurring after the date of this
press release.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO
SOURCE: Vision Works Media Group, Inc.
CONTACT INFORMATION:
Vision Works Media Group, Inc., Ocala
Naseem Shah, 407-401-8935
Fax: 407-843-5997
http://www.vswm.com
Homeland Integrated Security Systems, Inc HISC) is pleased to announce that they have established the record
for the issuance of a stock dividend for all shareholders of record as of
May 30, 2006.
Homeland Integrated Security Systems shareholders of record as of May 30,
2006 will receive 1 new share of the NASDAQ Bulletin Board Company for
every 50 shares of HISC they own as of the record date. Homeland
Integrated Security Systems shareholders will maintain their stock
ownership of HISC and will receive a dividend in the NASDAQ Bulletin Board
Company.
Homeland Integrated Security Systems will unveil the symbol of the NASDAQ
Bulletin Board Company shortly after the completion of the ActSoft
acquisition. Homeland Integrated Security Systems will remain a publicly
traded company trading under the symbol HISC.PK.
"This Dividend is a bonus for our loyal shareholders. The dividend will
give our shareholders ownership in the new Bulletin Board Company which we
expect to start trading at $0.50 per share," stated Frank Moody, President
and CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems, Inc. will continue to sell and market
the Cyber Tracker in markets both in the US and internationally. Homeland
Integrated Security Systems will maintain all of its current distribution
agreements on all of its security products.
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology and has
the rights to use patents to some of the most innovative and sophisticated
security products. Cyber Tracker technology has applications for data and
tracking functions across numerous verticals, utilizing IDEN, GSM, and
Satellite technologies (CDMA version coming mid-year 2006).
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The company intends that such statements
about the Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking statements be
subject to the safe harbors created thereby. Homeland Integrated Security
Systems, Inc. is a development stage company who continues to be dependent
upon outside capital to sustain its existence. 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 expected results.
Contact:
Matt Maguire
1-866 THE APPL(E)
www.hissusa.com
JBHT J. B. Hunt Transport Services, Inc. (NASDAQ: ):
-- First Quarter 2006 EPS - 31 cents
-- First Quarter Operating Ratio, including fuel surcharges -
89.6%
-- First Quarter Operating Ratio, excluding impact of fuel
surcharges - 88.2%
J. B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced
record first quarter net earnings of $49 million for 2006, or diluted
earnings per share of 31 cents vs. 2005 first quarter earnings of $47
million, or 29 cents per diluted share.
Total operating revenue, including fuel surcharges, for the
current quarter was $780 million, compared with $709 million during
the first quarter of 2005, or $690 million for the first quarter of
2006 vs. $652 million for the same quarter a year ago, excluding fuel
surcharges. We believe that meaningful analysis of our financial
performance and revenue growth requires that fuel surcharge revenue,
which can fluctuate significantly between reporting periods, be
excluded when making revenue comparisons. During the first quarter of
2006, Intermodal segment revenue, excluding fuel surcharges, increased
8%, while the Dedicated segment (DCS) revenue, excluding fuel
surcharges, rose 5% over the comparable period of 2005. Truck segment
revenue, excluding fuel surcharge revenue, increased 4% during the
current quarter.
Operating income rose 3% from $79 million in 2005 to $81 million
in 2006 on a 6% rise in revenues net of fuel surcharges. The overall
operating ratio for the Company was 89.6% compared to 88.8% in 2005.
Segment operating ratios were as follows (calculated including
fuel surcharges):
-0-
*T
First Quarter 2006 First Quarter 2005
Intermodal 88.9% 88.0%
DCS 89.2% 89.7%
Truck 91.1% 89.5%
*T
Continued safe operations, higher freight rates, and lower legal
fees contributed to the net earnings improvement. Negative factors
impacting the quarter included higher purchased transportation expense
paid to our rail partners, an approximate $900,000 unexpected
write-off for the recent bankruptcy of a customer, a slightly higher
effective income tax rate and the effect of recognized stock
compensation expense as required by generally accepted accounting
principles.
Total stock compensation expense for the current quarter was $1.9
million, which includes the cost of restricted shares and the
amortization of expense related to stock options as required by
Financial Accounting Standards Board (FASB) number 123R.
"For the third consecutive year, we were able to achieve a
respectable margin in the typically difficult first quarter, a feat
which had been an elusive target for us prior to 2004. After two years
of less impact from seasonality in the first quarters of 2004 and
2005, the first quarter of 2006 returned to what we would consider a
more 'normal' pattern. Fundamentally, we see little change in the
major variables of our business: namely, a stable economy, continued
growth in the demand for intermodal and dedicated value-added
services, a serious driver shortage and a limited number of
over-the-road trucks. Intense focus on SAFETY and service to our
customers remains at the top of our objectives and we were pleased
with results in both categories during the first three months of 2006.
In the first quarter of 2006, our accident rate per million miles
declined 12%, our Department of Transportation reportable accidents
per million miles improved 20% and our injuries per 100 drivers was
down 19%. This is tremendous improvement on an already good record.
Barring a downturn in the economy, something current forecasts are not
suggesting, we would expect the remainder of 2006 to mirror the recent
past and to continue to reflect demand outpacing supply. The first
quarter, while a little shy on the Truck side, met our internal
overall profitability expectations created in the fall of 2005 and we
remain confident in our ability to grow our earnings for the balance
of 2006," stated Kirk Thompson, President and Chief Executive Officer.
Segment Information:
Intermodal
The operating ratio for the Intermodal segment was 88.9% for the
first quarter compared to 88.0% for the same quarter a year ago.
Importantly, the 88.9% operating ratio represents a 70 basis point
sequential improvement over the fourth quarter of 2005. Intermodal
revenue, excluding fuel surcharges, was up 8% over the comparable
quarter of 2005. Rate per loaded mile, excluding fuel surcharges, was
up 3.3% and load volumes increased 5% over the first quarter of 2005.
A number of volume records were recorded during the month of March,
including the single busiest month in our 16 year history.
As a result of joint service initiatives with our rail partners,
we began to see improvements in intermodal service and reductions in
overall transit time during the first quarter. These improvements are
both the result of schedule changes made by our rail partners to
relieve congestion, as well as changes we have made in our dray fleet
to accommodate longer drays and to facilitate rail interchanges. We
have a strong focus on cost reduction opportunities in our dray
operations, as well as other cost areas to offset rising driver wages
and rail costs. This segment also continues to see positive results
from our focus on revenue quality, lane and customer mix, and network
balance.
Dedicated Contract Services (DCS)
The operating ratio for the DCS segment was 89.2% vs. 89.7% for
the first quarter of 2005. Revenue, excluding fuel surcharges in the
current quarter, was up 5% compared to the same quarter of 2005.
Revenue growth continues to be driven by improvements in productivity.
Miles per tractor per weighted work day, increased 3.3% and revenue
per loaded mile, excluding fuel surcharges, was up 3.8%. Average
tractors assigned to the segment declined slightly from 5,032 in the
first quarter of 2005 to 5,008 in the first quarter of 2006.
Operating income was $22.8 million, an improvement of 13.5% over
the first quarter of 2005. Continued focus on controlling costs
allowed us to drive productivity improvements to the operating income
line and expand our operating margins year-over-year by 50 basis
points. Measured as a percentage of revenue, excluding fuel
surcharges, driver pay and independent contractor settlements,
declined 40 basis points. Maintenance costs increased only 20 basis
points even as the average age of our Company tractors increased 27%
to 2.96 years. Safety also had a positive impact on operating income
as combined casualty and workers compensation costs improved over the
same quarter last year. Negatively impacting the first quarter 2006
operating results was an increase in bad debt expense which was
primarily the result of one customer who filed for bankruptcy
protection.
Truck
The Truck operating ratio was 91.1% for the first quarter vs.
89.5% for the comparable period a year ago. Revenue, excluding fuel
surcharges in the current quarter, was up 4% compared to the same
quarter of 2005. While freight demand for the first quarter is
typically the lowest of the year, the seasonally slower first quarter
this year was compounded by a correction of inventory levels by some
retail customers. Our major customers in the sector indicate that this
was a one-time adjustment and expect a return to normal freight flows
with a focus on velocity in the retail supply chain for the balance of
2006.
Rate yields continued to improve as the loaded rate per mile
during the current quarter, excluding fuel surcharges, increased 4.6
cents or 2.7% relative to a year ago. Length of haul increased 1.5%
making revenue per load higher by 4%. Rate per loaded mile is a
combination of consistent business, freight mix changes, and spot
pricing opportunities that are obviously more plentiful in times of
higher freight activity. A key measure of our success in improving
rate yields compares rates on customers and lanes moved in both the
current period and the corresponding period one year ago. Within this
segment of "consistent" freight, rates improved at a respectable 3.8%,
or 6.1 cents per mile, even as other more volatile components like
paid deadhead and spot quote revenues declined.
Our commitment and intense focus on Safety has yielded another
relatively low cost quarter as we strive to maintain our industry
leading position in safe operations. Driver and independent contractor
availability continues to be seriously limited for the segment, as
well as the industry and we see no signs of fundamental improvement
for the foreseeable future. The average number of trucks in the
segment was 5,515 for the first quarter of 2006 vs. 5,409 a year ago.
The slight capacity increase is temporary, due to the timing of
tractor trade-ins, and we anticipate the fleet size will be reduced
below prior year levels in the second quarter.
Cash Flow and Capitalization:
During the first quarter of 2006, we did not repurchase any shares
of our stock. As a result, we have approximately $360 million
remaining on our current Board authorization. On February 20, 2006 we
raised our regular quarterly cash dividend to $.08 per outstanding
share. We believe paying a dividend similar to the average yield of
the companies comprising the Standard & Poors 500 and repurchasing our
stock, as circumstances dictate, are the current best uses of cash. At
the beginning of the quarter we owed $124 million on our bank revolver
which represents our only long-term debt on the balance sheet. As of
March 31, 2006, we owed $47 million on that revolver.
This press release contains forward-looking statements, which are
based on information currently available. Actual results may differ
materially from those currently anticipated due to a number of
factors, including, but not limited to, those discussed in Item 7 of
our Annual Report filed on Form 10-K for the year ended December 31,
2005. We assume no obligation to update any forward-looking statement
to the extent we become aware that it will not be achieved for any
reason. This press release and related information will be available
immediately to interested parties at our web site, www.jbhunt.com.
-0-
*T
J.B. HUNT TRANSPORT SERVICES, INC.
Condensed Consolidated Statements of Earnings
(in thousands, except per share data)
(unaudited)
Three Months Ended March 31
---------------------------------
2006 2005
---------------- ----------------
% Of % Of
Amount Revenue Amount Revenue
---------------- ----------------
Operating revenues, excluding fuel
surcharge revenues 690,035 651,999
Fuel surcharge revenues 89,865 57,179
-------- --------
Total operating revenues $779,900 100.0%$709,178 100.0%
Operating expenses
Salaries, wages and employee
benefits 214,528 27.5% 200,883 28.3%
Rents and purchased
transportation 265,587 34.0% 239,076 33.7%
Fuel and fuel taxes 104,582 13.4% 82,871 11.7%
Depreciation and amortization 43,530 5.6% 39,232 5.5%
Operating supplies and expenses 34,909 4.5% 31,654 4.5%
Insurance and claims 12,462 1.6% 11,755 1.7%
Operating taxes and licenses 8,415 1.1% 8,885 1.2%
General and administrative
expenses, net of gains 8,622 1.1% 9,789 1.4%
Communication and utilities 5,877 0.8% 5,866 0.8%
-------- ------- -------- -------
Total operating expenses 698,512 89.6% 630,011 88.8%
-------- ------- -------- -------
Operating income 81,388 10.4% 79,167 11.2%
Interest income 199 0.0% 151 0.0%
Interest expense 705 0.1% 1,233 0.2%
Equity in loss of associated
companies 587 0.0% 851 0.1%
-------- ------- -------- -------
Earnings before income taxes 80,295 10.3% 77,234 10.9%
Income taxes 31,315 4.0% 29,735 4.2%
-------- ------- -------- -------
Net earnings $ 48,980 6.3%$ 47,499 6.7%
======== ======= ======== =======
Average basic shares outstanding 154,050 160,704
======== ========
Basic earnings per share $ 0.32 $ 0.30
======== ========
Average diluted shares outstanding 158,245 166,409
======== ========
Diluted earnings per share $ 0.31 $ 0.29
======== ========
----------------------------------------------------------------------
Financial Information By Segment
----------------------------------------------------------------------
(dollars in thousands)
(unaudited)
Three Months Ended
March 31
-------------------
2006 2005
-------- --------
Gross revenue
-------------
Truck $250,771 $231,874
Intermodal 323,924 287,528
Dedicated 210,877 194,678
-------- --------
Subtotal 785,572 714,080
Intersegment eliminations (5,672) (4,902)
-------- --------
Consolidated revenue $779,900 $709,178
======== ========
Operating income
----------------
Truck $ 22,285 $ 24,357
Intermodal 35,926 34,528
Dedicated 22,834 20,124
Other (1) 343 158
-------- --------
Operating income $ 81,388 $ 79,167
======== ========
(1) Includes corporate support activity
----------------------------------------------------------------------
Operating Statistics by Segment
----------------------------------------------------------------------
(unaudited)
Three Months Ended
March 31
-------------------
2006 2005
-------- --------
Truck
-----
Operating ratio 91.1% 89.5%
Loads 221,859 219,708
Net revenue (excl. fuel surcharge) per
tractor per week(1) $ 2,959 $ 2,945
Length of haul 557 549
RPLM (excl.fsc) $ 1.731 $ 1.685
Loaded miles (000) 121,413 120,354
Total miles (000) 135,540 133,853
Empty miles % 10.4% 10.1%
Average tractors during the period 5,515 5,409
Tractors (end of period)
Company owned 4,361 4,391
Independent contractor 1,103 1,005
-------- --------
Total tractors 5,464 5,396
Trailers (end of period) 19,516 20,110
Average effective trailing equipment usage 13,744 14,639
Intermodal
----------
Operating ratio 88.9% 88.0%
Loads 148,629 141,873
Net change in revenue per loaded mile
(excl. fsc) ` 3.3% 7.1%
Revenue per load (excl. fsc) 1,907 1,857
Tractors (end of period)
Company owned 1,396 1,204
Independent contractor 14 -
-------- --------
Total tractors 1,410 1,204
Containers (end of period) 24,351 22,468
Average effective trailing equipment usage 23,961 22,222
Dedicated
---------
Operating ratio 89.2% 89.7%
Loads 320,741 318,714
Net revenue (excl. fuel surcharge) per
tractor per week (1) $ 2,974 $ 2,806
Average tractors during the period (2) 5,008 5,032
Tractors (end of period)
Company owned 4,811 4,695
Independent contractor 133 193
Customer owned (DCS Operated) 107 129
-------- --------
Total tractors 5,051 5,017
Trailers (end of period) 6,348 6,195
Average effective trailing equipment usage 12,365 11,752
(1) Using weighted work days
(2) Includes company owned, independent contractor and
customer owned tractors
J.B. HUNT TRANSPORT SERVICES, INC.
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)
----------------------------------------------------------------------
March 31, 2006 December 31, 2005
----------------------------------------------------------------------
ASSETS
Current assets:
Cash and equivalents $ 8,821 $ 7,412
Accounts receivable 307,313 343,501
Prepaid expenses and other 108,639 123,777
----------------------------------------------------------------------
Total current assets 424,773 474,690
----------------------------------------------------------------------
Property and equipment 1,631,545 1,591,561
Less accumulated depreciation 552,839 537,502
----------------------------------------------------------------------
Net property and equipment 1,078,706 1,054,059
----------------------------------------------------------------------
Other assets 19,422 20,125
----------------------------------------------------------------------
$ 1,522,901 $ 1,548,874
======================================================================
LIABILITIES & STOCKHOLDER'S EQUITY
Current liabilities:
Trade accounts payable $ 167,934 $ 162,749
Claims accruals 12,773 15,651
Accrued payroll 45,576 61,001
Other accrued expenses 11,286 9,198
Deferred income taxes 30,339 27,487
----------------------------------------------------------------------
Total current liabilities 267,908 276,086
----------------------------------------------------------------------
Long-term debt 47,400 124,000
Other long-term liabilities 51,934 45,834
Deferred income taxes 295,188 285,929
Stockholders' equity 860,471 817,025
----------------------------------------------------------------------
$ 1,522,901 $ 1,548,874
======================================================================
Supplemental Data
(unaudited)
----------------------------------------------------------------------
March 31, 2006 December 31, 2005
----------------------------------------------------------------------
Actual shares outstanding at end of
period (000) 154,408 153,813
======================================================================
Book value per actual share
outstanding at end of period $ 5.57 $ 5.31
======================================================================
*T
KEYWORD: NORTH AMERICA ARKANSAS UNITED STATES
INDUSTRY KEYWORD: GOVERNMENT ELECTIONS/CAMPAIGNS TRANSPORT AIR TRUCKING MANUFACTURING AEROSPACE AUTOMOTIVE MANUFACTURING CHEMICALS/PLASTICS ENGINEERING STEEL TEXTILES NATURAL RESOURCES AGRICULTURE FOREST PRODUCTS MINING/MINERALS RETAIL COMMUNICATIONS ADVERTISING FASHION MARKETING HOME GOODS RESTAURANT CONSTRUCTION & PROPERTY SUPERMARKET COMMERCIAL BUILDING & REAL ESTATE EARNINGS
SOURCE: J. B. Hunt Transport Services, Inc.
CONTACT INFORMATION:
J. B. Hunt Transport Services Inc., Lowell
Kirk Thompson, 479-820-8110
www.jbhunt.com
Internal Hydro International, Inc. IHDR) (www.InternalHydro.com) announces that with the production of the
Energy Commander V 30 Kw small hydro units, the strategic deployment of units
will be made within the United States, after first unit fielding and testing
this month. After unit testing, production and deployment will be made in the
U.S. followed by Europe. The EC V first units, unannounced until this time, are
being made locally in the Tampa area, and under the last stage of assembly for
testing. IHDR's European partner, Cm2, is in production mode for Europe for
follow on production of the model following this local production. IHDR's first
article unit was made secretly under local control, with follow on production to
be domestically controlled with production of the first placement units.
The first unit production will be followed by engineering test out, under the
control of a professional engineering firm, in the Southern United States. IHDR
will test out the unit in an industrial setting during the next two weeks after
final assembly locally. Initial showing of the 30 kilowatt units will occur in
the first part of May, with initial fielding as previously announced. First unit
initial production of domestic units will commence with a domestic production
partner, also to be announced, and follow on production at the same time will be
with Cm2 for European production of the unit. The initial ten unit placements
domestically, already preliminarily identified, will made industrial and natural
flows locations particularly in the North Carolina area as previously
announced.
An EC V low impact hydro energy unit in production will be able to supply a
constant 30 kilowatts of constantly available electricity in many applications
at the low volumes given by multiple end users identified by over 200
applications and interest from potential users around North America alone. The
EC V units use the natural flows of water from dams, water pipelines, streams
and rivers, along with the multiple uses in industrial flows in wood-pulp,
chemical, lumber, mining, textile, steel production, oil refining, utility
plants, cooling systems in all such uses, and other uses defined by our end
potential users. The flows as shown available from these users mean that the
applications of the EC V will be so numerous, that the identified uses by end
users under contract and letter of intent will fill out the first year's
targeted placement. With over 500 units projected and targeted in the first year
of production for U.S. use, the domestic market will mean an ongoing production
and entry of a solid energy unit without competition using the positive
displacement system. Each unit, at a projected cost of $7,500 per unit, will
have a five to seven year life, where changeout of the system will mean a down
time planned at less than thirty minutes for the complete unit changeout, the EC
V unit that will be able to use its reporting system to monitor maintenance
requirements as well as unit production via a satellite reporting system to
IHDR.
The corporate philosophy of IHDR is to have impactful dividends from its EC
operations shared with its shareholders. With combined revenue from the 1,100 EC
units from both the EU and the U.S. after one year of operations, the combined
available revenue to IHDR is projected to be $23,450,000.
About Internal Hydro
Internal Hydro International, Inc. is an alternative energy company that
developed a clean energy power system, the Energy Commander Systems, which
utilizes a patented technology using waste water, fluid or gas flow from any
source where flow pressure is present, and yet wasted, to create electricity.
Internal Hydro has grown into a multi-national enterprise with international
contracts spanning over three continents. Internal Hydro is well positioned to
gain major market share and dominate the niche of hydro energy in the fragmented
alternative energy marketplace. For more information, please visit the company's
Web site at www.InternalHydro.com
Forward-Looking Statements: This release contains forward-looking statements,
which are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Expressions of future goals and similar
expressions reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive means of
identifying such statements. These forward-looking statements involve a number
of risks and uncertainties, including the timely development and market
acceptance of products and technologies, 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. The company undertakes no obligations to revise or
update any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
CONTACT: Internal Hydro International, Inc.
Investor Relations
William Englemen
(713) 320-3596
contact@www.internalhydro.com
CirTran Corp. CIRT), an international full-service contract manufacturer of IT, consumer and consumer
electronics products, today filed Form 10-KSB for the year ended Dec.
31, 2005, reporting record sales and what its founder and president
called "a strong overall improvement."
CirTran reported net sales of $12,992,512, an increase of 46.6% as
compared with $8,862,715 for fiscal 2004. The company also reported a
243% improvement in gross profit, growing to $6,248,288 from
$1,818,781, while trimming losses by 20% to $527,708 from a loss of
$658,322 in fiscal 2004.
"CirTran showed a strong overall improvement in 2005, which would
have been stronger still if not for resolutions of existing situations
-- occurring after our Feb. 28, 2006, press release -- subsequently
charged to fiscal 2005," said Iehab J. Hawatmeh, the company's founder
and president.
"In addition, our 10-K filing includes adherence to a new SEC
interpretation concerning derivatives on convertible debentures,
resulting in an additional non-cash expense charge against 2005," he
said. "The interpretation was issued Dec. 1, 2005, thus CirTran did
not have this information when issuing our last quarterly financials,
nor did our auditors have it when conducting their reviews."
As already announced by CirTran, two litigations settled in
February were charged to fiscal 2005 as "previous obligations." In
addition, the SEC's December 1 interpretation resulted in a non-cash
charge of $826,124 for accretion expense when the $3.75 million
convertible debenture issued to Highgate House Funds Ltd. last May was
subsequently revalued. In addition, a derivative expense of $235,015
was charged to fiscal 2005 for the $1.5 million convertible issued to
Cornell Capital in December.
"This mandated bookkeeping took $1,205,431 from CirTran's net
income for the fiscal year," Hawatmeh said, noting that the company's
cash obligations totaled only $200,000.
"If not for reporting the legal settlements against 2005 and the
December 2005 new interpretation by the SEC, CirTran would have been
on-target for its first profitable year ever," he said.
Other major areas of financial growth for CirTran reported in the
10-K filing included:
-- a 447% improvement in EBITDA to $1,268,000 as compared with
$231,710 reported for 2004;
-- a 154% improvement in total assets to $10,899,705 from
$4,293,429 reported for 2004; and
-- a 161% improvement in stockholder equity to $1,377,848 from
($2,242,033) reported for 2004.
Continued Growth by CirTran
"In 2005, CirTran continued its growth in all areas of our
business," Hawatmeh said. "Sales grew, we added products and
divisions, and for the first time reported a profitable quarter
followed by a second profitable quarter. If not for auditing decisions
involving legal issues and a change in reporting requirements, our
projection and goal of a profitable year would have been realized."
About CirTran Corp.
Founded in 1993, CirTran Corp. (www.CirTran.com) is a premier
international full-service contract manufacturer. Headquartered in
Salt Lake City, its ISO 9001:2000-certified, non-captive
40,000-square-foot manufacturing facility is the largest in the
Intermountain Region, providing "just-in-time" inventory management
techniques designed to minimize an OEM's investment in component
inventories, personnel and related facilities while reducing costs and
ensuring speedy time-to-market. In 1998, CirTran acquired Racore
Technology (www.racore.com), founded in 1983 and reorganized as Racore
Technology Corp. in 1997. In 2004, it formed CirTran-Asia as a
high-volume manufacturing arm and wholly owned subsidiary with its
principal office in ShenZhen, China. CirTran-Asia operates in three
primary business segments: high-volume electronics, fitness equipment
and household products manufacturing, focusing on the
multibillion-dollar direct response industry.
This press release 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. With the exception of
historical information contained herein, the matters discussed in this
press release involve risk and uncertainties. Actual results could
differ materially from those expressed in any forward-looking
statement.
KEYWORD: ASIA PACIFIC NORTH AMERICA UTAH UNITED STATES CHINA
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS MANUFACTURING EARNINGS PRODUCT/SERVICE
SOURCE: CirTran Corp.
CONTACT INFORMATION:
CirTran Corp.
Trevor M. Saliba, 801-963-5112
trevor@cirtran.com
or
The Kaminer Group
David A. Kaminer, 914-684-1934 (Press)
dkaminer@kamgrp.com
Wits Basin Precious Minerals Inc. WITM Assay Results - today releases their 6th consecutive set of assay results. Grades of ore for
gold run as high as 1.709 ounces per ton and more than 3 ounces per
ton for silver. Vance White, CEO, commented, "This process of
releasing assay results every few weeks demonstrates both the presence
of gold and the quality of the ore. We are very pleased to report
these newest assay results from our Bates-Hunter project. As stated on
the last assay press release, this affirmation of continued positive
results confirms our belief that the archival historical information
is accurate." White continued, "Based on this archival data, the
historical assays of the geologist, Williamson, showed an average
grade of ore of 1.14 ounces over 64 samples. With this type of
information, we believe this current vein may host well over 1 million
ounces of gold."
Results as reported by Brian Alers (PGeol) include, "Muck samples
of vein material found during the excavation of a refuge chamber on
the -163 foot level of the Bates-Hunter Gold Mine in Central City
Colorado, contain up to 1.709 ounces of gold per ton and 3.36 ounces
of silver per ton. A muck sample of a vuggy sulfide vein, BH 5083,
contains 0.945 ounces of gold per ton and 2.63 ounces of silver per
ton.
-0-
*T
Number Type Location Au (Gold) (1) Ag (Silver) (1)
----------------------------------------------------------------------
BH-5079 Grab 163 W 5 foot Underground 0.002 0.03
----------------------------------------------------------------------
BH-5080 Muck 163 W 5 foot Underground 0.003 0.03
----------------------------------------------------------------------
BH-5081 Muck 163 W 5 foot Underground 0.403 0.82
----------------------------------------------------------------------
BH-5082 Muck 163 W 5 foot Underground 1.709 3.36
----------------------------------------------------------------------
BH-5083 Muck 163 W 5 foot Underground 0.945 2.63
----------------------------------------------------------------------
BH-5084 3.5 ft 163 W, 11 ft Underground 0.135 0.41
channel splr
----------------------------------------------------------------------
(1) Ounce per ton
*T
Conference Call April 18th at 4:15 pm ET:
Interested parties may hear the conference call by telephone.
Instructions for hearing the conference call:
To hear the conference call as it takes place: Call 800-434-1335
in the United States or Canada; or
Call 404-920-6442 in the Atlanta Area or Internationally. Use Pin
Code: 474248
Exclusive: For Expedited Entry into the Conference, please
register at this link for your Direct Access 800 number:
http://www.AccuConference.com/WITM
To hear a recording of the call (available for 30 days immediately
following the conference call): Call 800-428-6220 in the United States
or Canada; Pin Code: Press the star key then 474248.
About Wits Basin Precious Minerals Inc.
We are a minerals exploration and development company holding
interests in three exploration projects and currently do not claim to
have any mineral reserves on any project. Our common stock trades on
the Over-the-Counter Bulletin Board under the symbol "WITM." To find
out more about Wits Basin Precious Minerals Inc. (OTCBB:WITM) visit
our website at www.witsbasin.com.
Forward-Looking Statements and Risk Factors
Certain statements contained in this press release are
forward-looking in nature and are based on the current beliefs and
assumptions of our management. Words like "may," "could," "should,"
"anticipate," "believe," "estimate," "expect," "intend," "plan,"
"predict," and similar expressions and their variants may be used to
identify forward-looking statements. Such statements are valid only as
of today, and we disclaim any obligation to update this information.
These statements are subject to known and unknown risks and
uncertainties that may cause actual future experience and results to
differ materially from the statements made. These statements are based
on our current beliefs and expectations as to such future outcomes.
The exploration for and development of mineral deposits involves
significant financial risks, which even experience and knowledge may
not eliminate, regardless of the amount of careful evaluation applied
to a process. While the discovery of a mineral deposit may result in
substantial rewards, few properties are ultimately developed into
producing mines. Moreover, we cannot make any estimates regarding
probable reserves and mineral resources in connection with any of our
projects and any estimates relating to possible reserves are subject
to significant risks. Therefore, no assurance can be given that any
size of reserves or grades of reserves will be realized. If a
discovery is made, the mineral deposit discovered, assuming
recoverable, may differ from the reserves and mineral resources
already discovered and recovered by others in the same region of the
planned areas of exploration.
The cost of exploration and exploitation can be extensive and
there is no assurance that we will have the resources necessary or the
financing available to pursue projects we currently hold interests in
or to acquire interests in other mineral exploration projects that may
become available. The risks are numerous and detailed information
regarding these risks may be found in filings made by us with the
Securities and Exchange Commission, including our most recent annual
report on Form 10-KSB, quarterly reports on Form 10-QSB and reports on
Form 8-K.
KEYWORD: NORTH AMERICA MINNESOTA UNITED STATES
INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS CONFERENCE CALL
SOURCE: Wits Basin Precious Minerals Inc.
CONTACT INFORMATION:
Wits Basin Precious Minerals Inc.
Stephen King, 612-490-3419
or
Vance White, 866-214-WITM(9486)
or
Redwood Consultants, LLC
Jens Dalsgaard, 415-884-0348
InvestorInfo@RedwoodConsultants.com
WayPoint Biomedical, Inc. WYPH) is pleased to announce that they have signed an LOI with Australia-based
System Two Pty Ltd. to discuss and potentially enter into an "exclusive"
licensing agreement for the System Two Frontline® Dry Chemistry Explosive
Test Kit range, along with their new proprietary Alcohol Test Kits.
Under the terms of the agreement, System Two will provide copies of all
required Frontline and Alcohol Test Kit information necessary to
effectively market the product, including: technical support files,
clinical data, regulatory status and studies. WayPoint will evaluate the
sales, marketing, regulatory, and distribution potential for the Frontline
product range in the Homeland Security & Law Enforcement sectors, as well
as the OTC retail, e-commerce, and clinical diagnostics sectors for the
Alcohol Test Kits.
WayPoint CEO Dennis Shepherd comments, "First Responders must be equipped
with accurate detection devices that can provide clear and concise results
quickly. With the Frontline Explosive Test Kits, WayPoint will be able to
provide simple and effective dry pack application tests for the detection
of explosive residues, without having to handle any hazardous liquid
reagents." Mr. Shepherd adds, "In most civilian and commercial situations
where a suspect material is found, it is essential to rapidly determine if
the situation will lead to an evacuation, due to the possibility of
explosion. The Frontline Explosive Test Kits will detect the three main
categories of explosive, including: Nitro-aromatics, Nitramines, and Ions."
The United States market makes up roughly half of the expansive $180
billion global Homeland Security and Defense market segment. This industry
sector is projected to nearly triple over the next ten years.
About System Two Pty. Ltd.
System Two is research and development company specializing in the
commercialization of innovative chemical technology across a broad band of
industries. System Two's philosophy is based on simple solutions developed
from accessible technology. Specializing in the research and development
of test kits for first line detection against possible explosive,
biological, and chemical agents and devices used in terrorism, System Two
offers simple and effective solutions. For more information on System Two
visit www.sys-2.com.
About WayPoint Biomedical, Inc.
WayPoint Biomedical, Inc., a wholly owned subsidiary of WayPoint Biomedical
Holdings, Inc. (OTC: WYPH), is an innovative biomedical technology firm,
specializing in diagnostic tests and devices for screening and monitoring
human health, fitness and environment. The Company develops and markets
cutting-edge disposable rapid tests that offer both a preliminary
diagnostic screen to specific conditions, along with a future path for
consumers, medical providers, and first responders to follow regarding
their health status or environmental condition. For more information on
WayPoint Biomedical visit www.waypointbiomedical.com,
www.drinkdetectiveusa.com.
Forward-Looking Statements
This press release contains forward-looking statements. By their nature,
forward-looking statements and forecasts involve risks and uncertainties
because they relate to events and depend on circumstances that will occur
in the near future. There are a number of factors that could cause actual
results and developments to differ materially.
Contact
WayPoint Biomedical, Inc.
Dennis Shepherd
714-848-3200
E-mail: dshepherd@waypointbiomedical.com
Good Morning Chief, Stockz, and Team
DOBI Medical International, Inc. DBMI) announced
today that the Russian Federal Service of Health Care and Social
Development Control has granted the Company's ComfortScan(R) system
approval for use in connection with the diagnosis of breast cancer for
the Russian Federation pursuant to certificate number 2006/415. The
approval extends for a 10-year period through April 2016.
The application for approval was based on the results of clinical
studies conducted in the Department of Radiology at the Russian State
University and the Radio diagnostic department at Gazprom Polyclinic
in Moscow. Gazprom Polyclinic is a medical clinic which principally
serves employees of Gazprom, the joint stock company which produces
approximately 90% of Russian gas.
Robert B. Machinist, chairman, said, "We are extremely pleased to
announce this achievement, as a demonstration of the Company's
strategy to seek international approvals as a parallel effort to the
completion of the US PMA clinical trials towards approval by the US
FDA of the ComfortScan system in the United States as an adjunct to
mammography."
Alex Levine, founder and CEO of SouzMedTechnika, the Company's
authorized distributor in Moscow, commented, "We have worked closely
with DOBI Medical in achieving this important milestone which will
enable us to begin offering the ComfortScan system for commercial sale
in Russia."
ComfortScan technology is based on identifying tumor angiogenesis,
the process whereby a cancerous growth surrounds itself with a dense
network of tiny blood-filled capillaries which serve to aid in its
growth and development. The ComfortScan system is designed to be used
as an adjunct to mammography, and clinical trials are evaluating its
ability to provide additional information which may aid the physician
in diagnosing breast cancer more effectively.
About DOBI Medical International, Inc.
DOBI Medical is a developmental stage, medical imaging company
working to create a new means for the improved diagnosis of malignant
breast disease through the identification of abnormal vascularization
("angiogenesis") associated with tumors. The Company's first
application of the technology is the ComfortScan(R) system, a gentle,
noninvasive, and nonionizing, optical imaging system designed to
assist physicians in the identification and management of breast
cancer as an adjunct to screening mammography. The ComfortScan system
is intended to achieve this by providing new, physiology-based imagery
of abnormal vascularization in the breast that is not readily
available today. The ComfortScan system has CE Mark and UL
designations, and DOBI Medical is a certified ISO 9001:2000, ISO
13485:2003 and CAN/CSA:ISO 13485 company. The ComfortScan system is
not yet commercially available in the U.S. as it is limited by U.S.
law to investigational use until approved by the FDA, which cannot be
guaranteed. Sales of the ComfortScan system to international
distributors are limited to sales for investigational use for
installation at clinical trial sites. For more information on DOBI
Medical International or the ComfortScan system, visit
www.dobimedical.com.
CAUTIONARY STATEMENT FOR FORWARD-LOOKING STATEMENTS
Statements contained in this press release may contain information
that includes or is based upon certain "forward-looking statements"
relating to our business. These forward-looking statements represent
management's current judgment and assumptions, and can be identified
by the fact that they do not relate strictly to historical or current
facts. Forward-looking statements are frequently accompanied by the
use of such words as "anticipates," "plans," "believes," "expects,"
"projects," "intends," and similar expressions. Such forward-looking
statements involve known and unknown risks, uncertainties, and other
factors, including without limitation, those relating to our ability
to timely and successfully complete our U.S. Food and Drug
Administration ("FDA") patient Pre-Market Approval ("PMA") clinical
trials, as well as our other clinical trials being conducted around
the world; our ability to timely and successfully complete and submit
to the FDA our PMA application of the PMA clinical trial results; the
timely and final approval by local foreign governments of our
ComfortScan system as an adjunct to mammography in various
international markets; the success and continued improvements of our
product development and research efforts, including without
limitation, our ability to timely and successfully release version 2.0
and subsequent versions of our ComfortScan system; our ability to
timely meet U.S. and foreign government laws and industry standards;
our ability to meet U.S. and foreign medical device quality regulation
standards required to maintain our CE Mark, and ISO, UL and FDA export
certifications; our ability to timely deliver our products into
international markets; the acceptance, adoption, and use of our
ComfortScan system by physicians, imaging clinics, and patients; and
our ability to obtain third-party reimbursement from U.S. and foreign
governments and private payers.
Any one of these or other risks, uncertainties, other factors, and
any inaccurate assumptions, may cause actual results to be materially
different from those described herein or elsewhere by us. We caution
readers not to place undue reliance on any such forward-looking
statements, which speak only as of the date they were made. Certain of
these risks, uncertainties, and other factors are described in greater
detail in our filings from time to time with the Securities and
Exchange Commission, which we strongly urge you to read and consider,
including the "Risk Factors" as set forth in our 2005 Annual Report on
Form 10-KSB, which may be accessed from our website at
www.dobimedical.com. Subsequent written and oral forward-looking
statements attributable to us or to persons acting on our behalf are
expressly qualified in their entirety by the cautionary statements set
forth above and elsewhere in our reports filed with the Securities and
Exchange Commission. We expressly disclaim any intent or obligation to
update any forward-looking statements.
KEYWORD: EUROPE NORTH AMERICA NEW JERSEY UNITED STATES RUSSIA
INDUSTRY KEYWORD: HEALTH CLINICAL TRIALS MEDICAL DEVICES RESEARCH & SCIENCE PROFESSIONAL SERVICES FINANCE PRODUCT/SERVICE
SOURCE: DOBI Medical International, Inc.
CONTACT INFORMATION:
DOBI Medical International, Inc.
Michael Jorgensen, 201-760-6464
Fax: 201-760-8860
www.dobimedical.com
or
Investor Relations Group
Judy Katz or Lynn Granito, 212-825-3210
Fax: 212-825-3229
www.investorrelationsgroup.com