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GZFX Files form 424b3
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LFWK - Truss and Wall-Panel Robotics Facilities Will Increase Niche Production 300% Over Current Segment in Canada
NASHVILLE, TN -- (MARKET WIRE) -- 04/13/06 -- LoftWerks, Inc. (OTC: LFWK) today announced
that its new post-merger owner, Sulja Bros. Specialty Building Materials,
Ltd., plans to construct and operate two automated, robotic-enhanced truss
manufacturing facilities in the markets of Kitchner, Toronto, Ontario in
Canada and in the Gulf Dale/Biloxi Mississippi area (both announced
previously as target niche markets by a company spokesman).
These operations will primarily supply the revitalization efforts in
Toronto and the commercial facilities rebuilding campaign in post-Katrina
Mississippi. The facilities basically automate and exact the process of
framing and skinned-wall fabrication off-site for an assembly process that
is less demanding in terms of committed resources at any given project
location. Sulja Bros. currently generates approximately $4-6M annually
from an identical process in Windsor, Ontario. The adjunct of the new
facilities is expected to increase these niche-specific revenues by three
hundred (300) percent within 24-36 months.
This contains forward-looking information within the meaning of The Private
Securities Litigation Act of 1995. Forward-looking statements may be
identified through the use of words such as "expects," "will,"
"anticipates," "estimates," "believes," or statements indicating certain
actions: "may," "could," "should" or "might occur." Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected
results (expressed or implied) will not be realized.
Lamperd Less Lethal Inc. LLLI Barry Lamperd, President and CEO of Lamperd Less Lethal is pleased to
announce the signing of a Geographic Exclusive Sales Agreement with
Al-Muntaser Trading & Contracting Co. (M.T.C.) for LLLI lines of less
lethal launching weapons, ammunition, accessories and training.
M.T.C. is a registered company of the State of Kuwait with its
principal business operations in the State of Kuwait.
About Lamperd
Lamperd Less Lethal is the developer and manufacturer of a wide
range of leading edge civil defense equipment, including less lethal
munitions such as the WASP round and the Defender series of launchers,
as well acting as a supplier of training and accessories, for the
police, military, private security and corrections markets.
Forward-Looking Statements. This news release contains
"forward-looking statements", as that term is defined in Section 27A
of the United States Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Statements in this press release
which are not purely historical are forward-looking statements and
include sales of any of our products to Al-Muntaser Trading &
Contracting Co. under our agreement with them and any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such factors include, among others, the inherent uncertainties
associated with the development of an early stage company in the
firearms and munitions industry and its products and the entry into
new markets for our products. These forward-looking statements are
made as of the date of this news release, and Lamperd Less Lethal
assumes no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe that
the beliefs, plans, expectations and intentions contained in this
press release are reasonable, there can be no assurance that such
beliefs, plans, expectations or intentions will prove to be accurate.
Investors should consult all of the information set forth herein and
should also refer to the risk factors disclosure outlined in our
periodic reports filed from time-to-time with the Securities and
Exchange Commission.
KEYWORD: NORTH AMERICA AFRICA/MIDDLE EAST NEVADA KUWAIT UNITED STATES CANADA
INDUSTRY KEYWORD: GOVERNMENT DEFENSE LAW ENFORCEMENT CONTRACT/AGREEMENT
SOURCE: Lamperd Less Lethal Inc.
CONTACT INFORMATION:
Lamperd Less Lethal Inc.
Jeff Kinsella, 519-344-4445
info@lamperdlesslethal.com
GCHA and KMKCF -The directors of Continental Minerals Corporation ) and of Great China Mining Inc. jointly announce that Continental has entered into agreements with holders of 212 million Great China Mining shares, representing approximately 67% of Great China Mining, who have agreed to support a merger whereby Great China Mining shares will be exchanged for Continental shares on a ratio of 8.7843 Great China Mining shares for each Continental share. Completion of the merger is subject to a number of conditions, including execution of definitive merger documentation, as well as shareholders' and regulatory approvals. If all conditions are met, the transaction is expected to complete in the second quarter. Continental will issue 36 million shares (approximately 40% of its post-merger issued shares) for 100% of Great China Mining. The shareholders letters also provide that if for any reason the corporate merger can not complete, the Great China Mining shareholders will exchange their shares on the agreed ratio in a series of private transactions thus assuring Continental of majority control of Great China Mining, subject only to TSX Venture Exchange acceptance.
The companies have been exploring and developing the Xietongmen Copper-Gold Property ("the Xietongmen Property"), located 240 kilometres from the city of Lhasa in Tibet, People's Republic of China, since late 2004. Continental is the operator of the project.
Through a combination of cash purchase of shares and expenditures on the Xietongmen Property, Continental now indirectly owns 50% of the property and has almost completed earning an additional 10% (for a combined 60%) interest. This additional earn-in would have been completed in the second quarter of 2006.
Continental will also be acquiring interests in the three other properties, totaling 109 square kilometres, which surround the Xietongmen Property ("the Area of Interest Properties") by issuing 1.5 million shares to a related party of Great China Mining. The transaction will result in a property holdings increase from 12 to 121 square kilometers.
In commenting on the merger, Continental President and CEO Gerald Panneton said:
"Continental and Great China Mining have been working successfully together to move the Xietongmen project forward, and following the excellent results of the 2005 program, the project has entered a new phase with feasibility, environmental and socio-economic studies underway. We believe that the unification of the ownership into Continental will simplify the current structure and streamline the advancement of the project."
Great China Mining President and CEO Anthony Garson said:
"Great China Mining has formed a strong joint venture working relationship with the experienced and professional Continental group. We are looking forward to this being further enhanced under the corporate unification. The project, the Company and shareholders will be best rewarded under this structure, leading to the successful advancement of the Xietongmen project."
Assuming the 100% merger is completed, Continental will have approximately 85 million shares outstanding (95 million fully diluted). Three nominees of Great China Mining will be appointed to Continental's board bringing the total number of Continental directors to ten. The Great China Mining shareholders lock-up letters provide that the principal participating Great China Mining shareholders will, for a three year period from closing, both vote their shares to support Continental's board initiatives and will also enter into orderly market resale arrangements through an independent trustee.
The Xietongmen Property hosts a porphyry copper-gold deposit with significant mineral resources that were outlined by drilling in 2005. The deposit is also open to expansion. The comprehensive program in 2006 will encompass extensive drilling to fully assess the resource potential of the property, as well as engineering, environmental and socio-economic studies, and community and stakeholder engagement activities. The objective is to collect the data necessary for a feasibility study and environmental and social impact assessments. The studies are targeted for completion in 2007.
IMPORTANT ADDITIONAL INFORMATION WILL BE FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
In connection with the proposed transaction, Continental and Great China Mining intend to file relevant materials with the Securities and Exchange Commission, including the filing by Continental with the Securities and Exchange Commission of a Registration Statement on Form F-4 (the "Registration Statement"), which will include Great China Mining's Proxy Statement/Prospectus and related materials, to register the common shares to be issued in exchange for Great China Mining common shares. Great China Mining plans to file with the Securities and Exchange Commission and mail to its stockholders a Proxy Statement/Prospectus relating to the proposed transaction. The Registration Statement and the Proxy Statement/Prospectus will contain important information about Continental, Great China Mining, the transaction and related matters. Investors and security holders are urged to read the Registration Statement and the Proxy Statement/Prospectus carefully when they are available. Investors and security holders will be able to obtain free copies of the Registration Statement and the Proxy Statement/Prospectus and other documents filed with the Securities and Exchange Commission by Continental and Great China Mining on EDGAR through the web site maintained by the Securities and Exchange Commission at www.sec.gov. In addition, investors and security holders will be able to obtain free copies of the Registration Statement and the Proxy Statement/Prospectus when they become available from each Company on request.
Continental, Great China Mining and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from Great China Mining stockholders in respect of the proposed transaction. Information regarding Continental's directors and executive officers is available in Continental's annual report on Form 20-F for the year ended December 31, 2004, and information regarding Great China Mining's directors and executive officers is available in Great China Mining's annual report on Form 10-KSB for the year ended December 31, 2005. Additional information regarding the interests of such potential participants will be included in the registration and proxy statement and the other relevant documents filed with the SEC when they become available.
Gerald Panneton, President & CEO
Continental Minerals Corporation
Anthony Garson, President & CEO
Great China Mining Inc.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address potential for exploration and resource discoveries that the companies expect are forward-looking statements. Forward-looking statements also include statements regarding the proposed merger transaction, and statements regarding Continental Minerals Corporation's plans to acquire three other properties, totaling 109 square kilometres, which surround the Xietongmen Property. Although the companies believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.
For more information on Continental Minerals Corporation, Investors should review the Company's annual Form 20-F filing with the United States Securities Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedar.com.
For more information on Great China Mining Inc., Investors should review the Company's annual Form with the United States Securities Commission at www.sec.gov.
No regulatory authority has approved or disapproved the information contained in this news release.
Contacts:
Continental Minerals Corporation
Shawn Wallace
Investor Relations
(604) 684-6365 or Toll Free: 1-800-667-2114
(604) 684-8092 (FAX)
www.continentalminerals.com
Great China Mining Inc.
Anthony Garson
(604) 641-1366
(604) 641-1377 (FAX)
www.greatchinamining.com
PDSC PRODUCE SAFETY AND SECURITY INTERNATIONAL,INC , an ozone and chemical sanitation disinfectant
process supplier to the food and medical industries, responds to
significant increase in demand for SpherequatR1000, the Company's EPA
Registered line of cleaning and disinfectant products, EPA Registration
number
10324-63-82131 and. HEALTH CANADA's drug identification number 02278952.
Due to the Company's April 11th, 2006 announcement stating, "Produce
Safety's Spherequat®1000 EPA Registered disinfectant and sanitizer proves
effective against the Avian Influenza A, and Avian Reovirus," Produce
Safety has experienced a significant increase in requests for reorders of
SpherequatR1000. The Company responds to this demand by preparing 6
container loads of SpherequatR1000 ready for shipment from the Prescott,
Arizona Distribution Center to the Company's poultry and pork processing
customers.
Spherequat®1000 represents only one of many sanitation and disinfectant
products Produce Safety has to offer to the Produce, Food and Medical
Industries. Based on current trend, Company projects annual top end
revenues for Spherequat®1000 to be $1,200,000 conservatively.
The Spherequat®1000 EPA-Registered disinfectant product is registered and
labeled with a claim to inactivate "Avian Influenza A" viruses on hard,
non-porous surfaces. Typical applications for this product include:
veterinary premises, poultry houses, farm premises and equipment. Produce
Safety & Security has extended this use to the Produce Industry as well.
Although there are no antimicrobial products registered specifically
against the H5N1 subtype of Avian Influenza A viruses, EPA believes that
the currently registered Avian Influenza A products, when applied in strict
accordance with the label directions, will be effective against H5N1
strain. These disinfectants, which are typically in liquid or spray form,
are available from Produce Safety & Security International, and users
should look for an EPA registration number on the label.
Clarence W. Karney, CEO of Produce Safety & Security International, Inc.,
stated, "We are pleased with the level of interest and proactive position
our customers are taking to address a potential problem that could have
devastating effects on the poultry and pork industries. It is important for
Produce Safety to be as proactive by making sure our distribution centers
are well stocked to meet this demand."
About Produce Safety & Security International, Inc. (PDSC)
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 in the USA, Canada and Mexico.
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
PDSC's website 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
www.insidewallstreet.com
Warner International Networks Corp. (OTC: DCUT)
(the "Company") announces its purchase of the SEVEN ALEXANDER LLP and the
organization of ShowMeWiFi Corp. ("SMWiFi") under Florida law. The purchase
price of $10.00 and 65% of the equity in SMWiFi adds to the Company's asset
base and is intended by management to produce significant revenues for the
Company.
SMWiFi will produce online travel and hospitality guides on a city by city
basis. Free to consumers, SMWiFi's revenue model is driven by advertising
fees paid by hotels, restaurants and other service providers competing for
travel spending. The Company intends that SMWiFi will become an
indispensable tool of both business and leisure travelers.
Travelers can access SMWiFi website to download comprehensive data listings
of businesses and services within the target city. The data can be stored
on a variety of devices, such as hard drives, external drives, PDAs, iPods
and cell phones.
Based on his experiences at Seven Alexander LLP, SMWiFi's new chief
executive officer, Seven Williams, said, "We are very excited at the
response we have received in the commercial world and are anxious to expand
our model to various major cities in the continental USA and later abroad."
For further information about this release, Contact Rich Kaiser, Investor
Relations, YES INTERNATIONAL, 800-631-8127.
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 or products, delays in testing and evaluation of products, and
other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission.
Contact:
Rich Kaiser
Investor Relations
YES INTERNATIONAL
800-631-8127
FTS Group, Inc. (OTC BB: FLIP), a publicly traded
acquisition and development company operating in the wireless industry
through its wholly owned subsidiaries FTS Wireless, Inc. and See World
Satellites, Inc., today announced that its subsidiary See World Satellites,
Inc. (SWS) finished the month of March as the number 1 ranked RSP (Regional
Service Provider) in the nation for Echostar's DISH Networks.
See World exited March as the number 1 ranked RSP (out of 23) in the nation
for 3 weeks running. RSP's are ranked by completion percentage of business
generated through the RSP channel.
FTS Group CEO Scott Gallagher commented "Were very pleased with the
profitable performance of See World during the first quarter of operations
under FTS. Were equally as excited by the opportunities in front of See
World heading into Q2. New DISH promotions such as the recently announced
30 day money-back guarantee should begin to positively effect our business
during the quarter."
DISH Networks is the only satellite TV provider in the country that offers
a money-back guarantee.
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
Companies 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.
About EchoStar
EchoStar Communications Corporation serves more than 12 million satellite
TV customers through its DISH Network(TM), the fastest growing U.S.
provider of advanced digital television services in the last five years.
DISH Network offers hundreds of video and audio channels, interactive TV,
HDTV, sports and international programming, together with professional
installation and 24-hour customer service. Visit DISH Network at
www.dishnetwork.com or call 1-800-333-DISH (3474).
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, 2004 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
mPhase Technologies (OTCBB: XDSL) today posted an online
video animation demonstrating a new nanostructure design which
improves the features of its "smart" battery, currently in
development.
In its February, 2006 edition, the prestigious and authoritative
Scientific American Magazine featured the nanobattery in a four-page
feature article "Miniaturized Power." An animation explaining the new
structure is posted online at www.mphasetech.com.
The mPhase development team. working in close collaboration with
Lucent Technologies Bell Labs, has improved the design of the
nanostructure that is used to keep the liquid electrolyte physically
apart from electrodes to prevent an electrochemical reaction. Bell
Labs scientists had originally discovered that electrolyte could be
separated from electrode material by sitting on top of rod-like
"nanograss" structures etched out of silicon, but the development team
has since come up with an alternative "honeycomb" membrane design that
helps reduce the processing steps required for manufacturing the
battery. The honeycomb membrane separates the electrolyte from coming
into contact with the electrodes until power is needed. This property
enhances the key "smart" feature of the device - to immediately begin
the electrochemical process of producing power on demand.
The device still relies on the principles of microfluidics and
electro-wetting to keep the battery in an inactive state for a very
long shelf life, while retaining the properties of reaching full
voltage potential when called upon to produce current.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTC: XDSL) develops and commercializes
next-generation telecommunications and nanotechnology solutions,
delivering novel systems to the marketplace that advance functionality
and reduce costs. The company, awarded the 2005 Frost & Sullivan
Excellence in Technology Award and the Nano 50 Award from NASA
Nanotech Briefs, is bringing nanotechnology out of the laboratory and
into the market with a planned innovative long life power cell.
Additionally, the company is working on prototype ultra-sensitive
magnetometers that promise up to a 1,000-fold increase in sensitivity
as compared with available uncooled sensors. More information is
available at the mPhase Web site at www.mPhaseTech.com.
Safe Harbor Statement
This news release contains forward-looking statements related to
future growth and earnings opportunities. Such statements are based
upon certain assumptions and assessments made by management of the
companies in light of current conditions, expected future developments
and other factors it believes to be appropriate. Actual results may
differ as a result of factors over which the companies has no control.
KEYWORD: NORTH AMERICA NEW JERSEY UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE INTERNET NETWORKS SOFTWARE PRODUCT/SERVICE
SOURCE: mPhase Technologies
CONTACT INFORMATION:
Media:
TMI
Sam Gronner, 201-592-7896
sam@technovative.com
MM2 Group, Inc. MMGP) announced today that it will acquire Genotec
Nutritionals, Inc., a New York-based manufacturer and distributor of
nutritional supplements and vitamins. The transaction, which is subject to due
diligence and the usual and customary closing conditions, is expected to close
in May.
Genotec Nutritionals currently generates its sales through custom
formulations for several large strategic partners and from the distribution of
its branded products.
George Kontonotas is the President of Genotec Nutritionals, and has over
25 years experience in the nutraceutical industry. He stated, "We are
extremely excited about our merger with MM2. This association will enable us
to grow and assume a more significant role in the expanding natural products
industry. Our marketing team has the ability to translate our innovative
product ideas to branded products very quickly."
Dr. Joseph Freedman, VP of Research and Development of Genotec, is an
optometrist by profession and a noted expert and author in the nutraceutical
industry. He is responsible for developing many branded nutritional products,
including Genotec's Cata-Vita, the first ocular dietary supplement for the
prevention of cataracts and macular degeneration.
Dr. Freedman stated, "We have a large pipeline of products to bring to
market. MM2's financing capabilities will enable us to do this. Among the
first products to be introduced will be a unique diet aid, a gum that takes
away a person's ability to taste sweets for about 30 minutes. Since sweets now
taste bad for a period of time, a person can resist their craving for sweets."
Mark Meller, CEO of MM2, remarked, "The dietary supplement and
nutraceutical industries are rapidly growing. They are also highly
fragmented, with hundreds of small companies which have good products but
inadequate distribution and/or financing. We expect to be in a position to
acquire a number of these companies over the next year, and are excited about
the prospects of building a very large company."
Jerry Mahoney, Chairman of MM2, stated, "We are committed to expanding
Genotec, sustaining their product development, and assisting Genotec in
offering an expanded range of services."
About MM2 Group, Inc.
MM2 Group is involved in the acquisition and build-out of dietary
supplement and nutraceutical companies. The company's growth strategy is to
acquire firms in this extensive and expanding but highly fragmented segment as
it seeks to create substantial value for shareholders. For more information,
contact MM2 Group CEO Mark Meller at (732) 239-0092 or by e-mail at
meller@mm2group.net or Jerry Mahoney at jerrym@mm2group.net.
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 MM2 Group, Inc. or
a person acting on its behalf are expressly qualified in their entirety by
this cautionary language.
SOURCE MM2 Group, Inc.
Contact Information:
Mark Meller of MM2 Group CEO, +1-732-239-0092, meller@mm2group.net, or Jerry Mahoney, jerrym@mm2group.net
WebSite:
http://www.mm2group.net
Unico Incorporated UNCN), which
focuses on the production of ores and precious metals in the U.S., today
announced that the Deer Trail Mining Company, LLC, a wholly owned Unico
subsidiary, has contracted with BNA Consulting, Inc.
(www.bnaconsulting.com) of Salt Lake City, a major provider of electrical
consulting services in Utah and surrounding states for 35 years, to provide
a broad range of engineering services related to the construction of an
electrical substation at the Deer Trail Mine and processing facility in
Marysvale, Utah.
The Deer Trail Mining Company has initiated reconstruction of the mill and
processing facility to improve both efficiency and capacity in processing
operations at the Deer Trail Mine. The design and completion of a new
electrical substation at the Deer Trail Mine is expected to provide
substantial cost savings for the Deer Trail Mining Company, specifically as
it relates to the operation of the mill and processing facility, as a
result of lower energy costs and greater reliability.
A major focus of the company's current efforts is on the completion of the
mill and processing facility, so the Deer Trail Mining Company can begin
processing current stockpiles of precious metal bearing ore and sell the
concentrates to generate revenue for the company in the near term. The
reconstruction includes a variety of improvements that are expected to
improve the long-term performance of the facility and increase the
company's profitability.
Unico, Inc. president Wayne M. Ash, who has been appointed to supervise and
manage all operations at the Deer Trail Mine, explained the numerous
reasons that the Deer Trail Mining Company opted for going to grid power
rather than diesel-generated power.
"The cost of diesel fuel has risen to at least twice the $0.20 to $0.25 per
kilowatt hour price it was a decade ago. There is no guarantee that the
price will not continue rising in the medium-term future. Although there
is no assurance that the rate for grid power, which is presently in the
range of $0.06 per kilowatt hour, will not increase with time, the current
cost gap between the two is expected to widen, rather than narrow.
Further, diesel generators are prone to breaking down far more often than
loss of grid power. When the power goes off, material settles out in tanks
and makes the mill very difficult to start up again, causing a loss of mill
throughput while the company still incurs labor costs. In addition, there
is always a loss of recovery during rapid shut-down and slow re-start. The
bottom line is that the fewer the breakdowns that occur, the more
efficiently the processing facility can operate," stated Mr. Ash.
"Increased maintenance and labor requirements would also impact the bottom
line of the operations at the Deer Trail processing facility. When diesel
units are over-taxed, the cost per kilowatt hour skyrockets, while with
grid power, the company will only pay for what it uses. Maintaining load
balance between the two diesel generators that would be needed to power the
site would require the hiring of a full-time electrician. Probably most
compelling of all of these factors is that the monthly cost for diesel
generator power would be approximately four times as high as grid power.
Putting in terms of return for the company, the diesel power alone at the
mill could cost us as much as $20.00 per ton processed, versus $5.00 per
ton for grid power," added Mr. Ash.
In September 2005, Unico entered into a five-year purchase contract with
PGM, LLC, a private subsidiary of Polymet Corporation, for the purchase of
precious metal bearing concentrates. Terms of the agreement include a
monthly purchase quantity of 150 tons for the first 6-9 months and
increases to 300 tons through the duration of the five-year term. Unico
has estimated that the gross cash flow produced from this contract could
range from $125,000 up to $450,000 per month. Since completion of the mill
and processing facility is directly tied to near-term revenues for the
company, significant resources and manpower are being dedicated to the
reconstruction efforts.
About Unico Inc.
Unico Inc. (www.uncn.com) is a publicly traded company incorporated in
Arizona that is focused on the production of ores and precious metals such
as gold, silver, lead, and zinc at its three mine properties: the Deer
Trail Mine, the Bromide Basin Mine and the Silver Bell Mine.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended and such Section
21E of the Securities Exchange Act of 1934, as amended. Such statements are
subject to risks and uncertainties that could cause actual results to vary
materially from those projected in the forward-looking statements. The
company may experience significant fluctuations in operating results due to
a number of economic, competitive and other factors. These factors could
cause operation results to vary significantly from those in prior periods,
and those projected in forward-looking statements. Information with respect
to these factors which could materially affect the company and its
operations are included on certain forms the company files with the
Securities and Exchange Commission.
Contacts:
Gemini Financial Communications for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
www.uncn.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/uncn
NewMarket Technology Inc. (OTCBB:NMKT) today announced
plans to offer United States firms software development and
maintenance support services provided by its operations in China.
Software Development Outsourcing to China is projected to be a billion
dollar industry and the Company is a leader in this industry in the
United States.
Last year NewMarket launched operations in China and subsequently
signed over $20 million in contracts with Chinese companies. The
Company is now aggressively marketing its Chinese software development
capabilities to United States firms. China offers competitive software
devolvement and support services when compared to India. China is
currently graduating more English speaking software engineers than
India and China has a more developed national infrastructure. These
significant advantages also come at a lower labor cost.
In an effort to introduce U.S. firms to the company's capabilities
in China, NewMarket hosts regular Information Technology Trade
Missions to China for IT professionals to learn more about the
software development and maintenance capabilities available in China
today.
Members of the most recent Trade Mission had the following
comments:
Dr. Wendell Jones, former SVP of Technology with Nasdaq and VP at
Compaq, is an outsourcing consultant and the co-author of Outsourcing
Information Technology Systems and Services, a Prentice Hall book
published in English and Chinese. He led one of the largest IT
outsourcing relationships and pioneered Indian offshore outsourcing
for the U.S. securities industry.
Dr. Wendell Jones said, "After many years of IT outsourcing
experience, I recently accepted an invitation to visit NewMarket's
offshore software development resources in China. My hesitation
stemmed from my visit to China with a trade delegation four years ago.
At that time it was obvious that Chinese companies were not ready for
prime time. China has come along way since 2002. Japan is already
importing $3 billion of software development and maintenance services
from China annually. NewMarket's business model and outstanding
Chinese resources are destined to make China a serious competitor to
India's offshore dominance."
Martin McCaffrey, Executive Director of Software Outsourcing
Research, is widely recognized as one of the leading experts on Global
Outsourcing.
Martin McCaffrey said, "Microsoft, Oracle and Seibel have
substantial initiatives underway to localize their products for the
Chinese market. All of them have hired multiple local Chinese software
development firms to support the localization programming effort. As a
result, the Chinese software industry is rapidly gaining experience
with prevalent western domains. It remains to be seen if the prevalent
domains will succeed in China, but the Chinese software industry is
certainly preparing to export development and support to the West."
NewMarket also has plans to launch a Chinese Software Development
Center in the U.S. The Center will demonstrate the capabilities
available from China today and will provide information and resources
concerning Chinese Government initiatives to bring Software
Development Outsourcing to China.
To learn more about NewMarket's capabilities and operations in
China, contact Nancy Wang, Director of Sino American Business
Development at nwang@newmarkettechnology.com.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket Technology Inc. is a Systems Innovation Company.
NewMarket has combined a traditional systems integration and support
services capacity with a specialized asset-based approach to assisting
its clients with the delicate balance between maintaining legacy
systems and gaining a competitive edge from the latest technology
innovations. NewMarket provides certified integration and maintenance
services to support the prevailing industry standard solutions to
include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO) and Sun
Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks
to acquire undiscovered emerging technology assets to incorporate into
an overall product portfolio carefully packaged to complement the
prevailing industry standard solutions. NewMarket's emerging
technology portfolio includes products for the Telecommunications,
Healthcare, Homeland Security and Financial Services industries.
NewMarket delivers its portfolio of products and services through its
global network of Solution Integration subsidiaries in North America,
Latin America, China and Singapore. As a Systems Innovator, NewMarket
has set itself apart from the systems integration market through the
introduction of a technology business model that monetizes the value
of emerging technologies to improve corporate profits and enhance
shareholder value with the regular issue of dividends. NewMarket
recently ranked Number 13 on the 2005 Deloitte Technology Fast 500, a
ranking of the 500 fastest growing technology companies in North
America. Rankings are based on the percentage of revenue growth over
five years from 2000-2004. NewMarket's revenue increased 18,082
percent during this period. The financial results achieved have been
three years of rapid, profitable growth from $2.3 million in revenue
in 2003 to over $50 million in 2005.
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.
KEYWORD: ASIA PACIFIC NORTH AMERICA TEXAS UNITED STATES CHINA INDIA JAPAN
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES CONSULTING HUMAN RESOURCES PRODUCT/SERVICE
SOURCE: NewMarket Technology Inc.
CONTACT INFORMATION:
NewMarket Technology, Inc.
Rick Lutz, 404-261-1196
ir@newmarkettechnology.com
www.newmarkettechnology.com
AXIG- Global Links Corp. GLLC) announced
today that its wholly owned subsidiary, Capitol Group Holdings Corporation,
has finalized the sale of 100 residential lots to Axia Building
Technologies, Ltd., a wholly owned subsidiary of Axia Group, Inc. (OTC: AXIG). The sales price is approximately $1.35 million dollars.
"The company realized a profit in excess of one million dollars in addition
to a reduction of debt, associated with unpaid property taxes of
approximately $350,000.00. We look forward to completing additional
transactions to give us momentum and the ability to complete development of
our current projects," stated Frank Dobrucki, CEO of Global Links Corp.
About Global Links Corp.
Global Links Corp. is a diversified company now having operations in Nevada
and Arizona where it holds approximately 900 residential lots in Kingman,
Ariz., where it plans to build energy-efficient, affordable senior housing,
and is developing affordable housing for the international community. In
addition, the company is a developer of high-end office space and offers
real estate information services. The company website offers additional
information: www.globallinkscorp.com
About Axia Group, Inc.
Axia Group, Inc. is a company dedicated to providing cost effective,
temporary and permanent housing utilizing innovative technology solutions.
The Company is currently building single-family homes in the country of Sri
Lanka. More information on Axia Group, Inc. can be found on the company web
site at www.axiagroup.info.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Statements contained in this document that are not historical fact
are forward-looking statements based upon management's current expectations
that are subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by forward-looking
statements. The company is not required to update its forward-looking
statements.
Contact:
Global Links Corp.
Las Vegas
Investor Relations:
Patrick Donahoo
702-855-5890
Email Contact:
http://www.globallinkscorp.com
NeoMedia Technologies, Inc. NEOM) an innovator
in market-driven technologies, said today that it has added to its
"already strong global patent position" with the issuance of another
patent to the company for use with the very popular 2-dimensional bar
codes.
The Instituto Mexicano de la Propiedad Industrial, the patent
office in Mexico, has awarded patent No. 233529 to NeoMedia, which
corresponds to patents issued to the company by the U.S. Patent Office
and the Canadian Intellectual Property Office, for a "Method and
System for Accessing Electronic Resources via Machine-Readable Data on
Intelligent Documents." Dr. Kevin Hunter, NeoMedia's chief scientist,
is the inventor of record. NeoMedia has also filed for patents for the
process in Europe, Japan and Brazil.
Charles W. Fritz, NeoMedia's founder and chairman, said the patent
deals with improved methods of storing information placed directly on
physical objects as PC-readable data utilizing 2-dimensional bar codes
and various data compression techniques. Each 2 to 3-inch bar code can
hold up to 2 to 3 KB of application data, or up to three printed
pages, depending upon the data compression technique used.
NeoMedia's patented technology can be used to read a bar code on
an ad, promotional brochure, or any physical object. Then, using
software and an image scanner - and with or without linking to the
Internet - a user can easily and accurately import the linked
information into applications, such as Quicken(R), Microsoft(R) Money,
etc., or directly onto their cell phone, PDA or PC.
"With the issuance of this patent, NeoMedia's already strong
global patent position is even stronger, in particular with
2-dimensional bar codes, which are growing in popularity and usage,"
Mr. Fritz said.
"We believe the ability to read and process indexes and codes to
obtain desired information, to comparison shop, etc., as performed by
NeoMedia's patented PaperClick(R) technology platform, is a vital and
central component to the growth of mobile enterprise solutions and
mobile marketing around the world."
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com) is a diversified global
company offering leading edge, technologically advanced products and
solutions to its clients developed out of market-identified needs.
From mobile marketing to telecom services to auto rejuvenation,
NeoMedia delivers powerful end-to-end solutions for companies and
consumers built upon its solid family of patented products and
processes, and management experience and expertise.
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.
(R)Registered trademark of NeoMedia Technologies, Inc.
KEYWORD: NORTH AMERICA CENTRAL AMERICA FLORIDA UNITED STATES MEXICO
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS COMMUNICATIONS MARKETING
SOURCE: NeoMedia Technologies, Inc.
CONTACT INFORMATION:
NeoMedia Technologies, Inc.
Chuck Jensen, 239-337-3434
cjensen@neom.com
or
The Kaminer Group
David A. Kaminer, 914-684-1934
dkaminer@kamgrp.com
Homeland Integrated Security Systems, Inc. HISC) announces that it has consummated the acquisition of a NASDAQ
Bulletin Board company. The new NASDAQ Bulletin Board Company will acquire
certain Homeland assets in exchange for stock, which will be issued as a
dividend to HISC shareholders. In addition to certain assets of Homeland
Integrated Security Systems, the new Company is expected to complete the
acquisition of ActSoft, Inc., a privately owned software development
company.
Homeland Integrated Security Systems will unveil the symbol of its merger
partner shortly after the completion of the ActSoft acquisition. Homeland
Integrated Security Systems remains a publicly traded company trading under
the symbol HISC.PK.
Homeland Integrated Security Systems will be issuing a stock dividend of
the new Bulletin Board Company to all shareholders of record of Homeland
Integrated Security Systems, Inc. The Company intends to establish a
record date for the dividend within the next ten business days. The Board
of Directors has set the dividend to be 1 share of the Bulletin Board
Company for every 50 shares of HISC owned by the record date.
"I am very please to announce the dividend to our loyal shareholders. This
will give them ownership in the new Bulletin Board Company that we expect
to start trading at $0.50 per share," stated Frank Moody, President and CEO
of Homeland Integrated Security Systems, Inc. "This is a great day for all
our shareholders."
Homeland Integrated Security Systems, Inc. will continue to sell and market
the Cyber Tracker in markets both in the U.S. 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).
For more information please visit our website www.hissusa.com or contact
Matt Maguire 1-866-THE-APPL(E)
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:
For more information:
http://www.hissusa.com
Investor Relations
1-866-THE-APPL(E)
Good Morning Chief, Stockz and Team
Systems Evolution, Inc. SEVI) today announced it
has attained the Small Business Specialist status in the Microsoft
Partner Program. The Microsoft Small Business Server 2003 product is
an example of one of the many attractive options for small businesses,
providing core file and print functionality, advanced email,
calendaring, tasking functions, and mainstream database features in a
compact, secure package for up to 75 users.
"Along with our Fortune 500 clients we have continued to serve a
broad array of clients including small business. Over the last 20
years we have demonstrated our commitment to the information
technology needs of small business, particularly in San Antonio and
Austin, and now we have demonstrated our proficiency in the Microsoft
products which are specially designed for small business. This
recognition is a result of our employees' efforts to continuously
improve the value of our offerings for our clients and Systems
Evolution," said Robert Rhodes, CEO.
About Systems Evolution Inc.
Systems Evolution Inc. ("SEVI"), http://www.systemsevolution.com,
is a publicly held professional services organization founded in 1993
that provides software development solutions, Enterprise Project
Management consulting, and managed network support through its
Consulting division and permanent placement through its Next Hire
Consultants division. Its Consulting Division is a Microsoft Gold
Certified Partner.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Investors are cautioned that these forward-looking statements involve
uncertainties and risks that could cause actual performance and
results of operations to differ materially from those anticipated by
these statements. These risks and uncertainties include issues related
to the ability to: obtain sufficient funding to continue operations,
maintain adequate cash flow, profitably exploit new opportunities,
fulfill all backlogs and the unpredictable nature of business risks;
as well as the ability to establish and grow brand awareness of SEVI
and other factors set forth in the Company's most recently filed SEC
reports. The forward-looking statements contained herein represent the
Company's judgment as of the date of this release and it cautions
readers not to place undue reliance on such statements. The Company
assumes no obligation to update the statements contained in this
release.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE
SOURCE: Systems Evolution Inc.
CONTACT INFORMATION:
Systems Evolution Inc., Houston
V. Mike Campbell, 713-979-1600 ext. 108
investor.relations@systemsevolution.com
eWAN1, Inc. EWAN) announced today that the
Company has been selected by strategic partner, Infotec Business
Systems, Inc., a leading global provider of video streaming media and
digital IP content, to provide all of the back-end technological
infrastructure, collocation and hosting for that company's portfolio
of web properties including that of its subsidiaries, Galaxy Networks
Inc., Stream Horizon Studios Ltd., and Ebahn Television Corp. Once
integration is complete, each site within Infotech's online portfolio
will be exclusively hosted by eWAN and bear the badge "Powered by eWAN
Networks." Managements' Initial calculations project this new
agreement will result in approximately $500,000 in ongoing annual
revenue to eWAN.
Prior to the completion of this agreement, eWAN had only been
hosting Infotech's "Eagle cam" property, located at
www.infotechbsi.com, a live outdoor site that is documenting the
courtship, egg laying and eventual hatch of a new clutch of eaglets on
Hornby Island, Canada. The "Eagle Cam" property currently receives
upwards of 2 million unique visitors daily, with an average of 4,500
simultaneous connections, or 35 viewers per minute.
Scott Kettle, eWAN's President, observed, "Our massive bandwidth
capacity and ability to push streaming IPtv content globally is making
eWAN an attractive bandwidth and a co-location provider option for
other Company's with digital IP content. Bandwidth and co-location
represents a high-margin, recurring revenue business that we feel will
be a valuable, high-growth business segment for eWAN in the future."
He continued, "We will provide ongoing bandwidth and co-location for
all of Infotech's sites going forward, just as we have been for its
widely popular "Eagle Cam" site. On Tuesday, March 28, we were
averaging 3Mbps for the day. The next day, when the Eagle cam was put
online, we went up to an average of 250Mbps for the day. Today, we are
using an average 800Mbps per day to sustain the 2M visitors and 4.5K
simultaneous visitors. We consider this but a glimpse of how quickly
we expect to grow."
eWAN is set to launch its Global Internet television service and
begin broadcasting on April 19, 2006 during the, "IPTV & Beyond" show
at the Marriott Del Mar, San Diego, CA, which eWAN is co-sponsoring.
In front of an audience of the world's leading telecommunications
companies, including Motorola (NYSE: MOT), Alcatel (NYSE: ALA), Bell
Canada, Siemens (NYSE: SI), and a host of others. eWAN will debut its
first-to-market IPtv network by demonstrating and deploying its
multiple channels of "On Demand" content delivered to subscriber's
televisions through DSL or any other broadband Internet connection.
About eWan1, Inc.
EWAN's wireless "Triple Play" Digital Media Center connects
directly to a television to enable viewing of broadcast and cable
television (IPtv), enables video-on-demand of movies and
documentaries, features traditional Internet access, telephone service
(VOIP) and data and video capability including video conferencing. The
boxes' new IPtv cache will also feature music channels that will play
music and the corresponding video if it is available, as well as
provide "time shifted" services such as the ability to record one
program while watching another, similar to the offering of TiVo
(NASDAQ: TIVO). The set-top box is pre-bundled with a monthly
subscription to eWAN's new Global Internet Television service, which
is scheduled to launch on April 19th, and will enable subscribers able
to access their local TV stations, plus eWAN's initial 75 channels of
"Ala Carte" traditional broadcast television and content delivered in
36 major languages, anywhere on the planet. eWAN believes it is the
first company with the ability to deliver Internet TV with the clarity
of high definition to its subscriber's TV sets. eWAN's wholly owned
subsidiary, Direct Connect, will provide traditional broadcast
television, including such popular programming as HBO, CNN
(subsidiaries of Time Warner (NYSE: TWX)), Showtime, ABC and ESPN,
allowing subscribers to pick and choose only those channels they are
willing to pay for.
About Infotec
Headquartered in Vancouver BC, The Infotec Group of companies
provides Internet and related media services and delivers 3rd
generation, on demand streaming media content via its proprietary
Galaxy Broadcast Network. The Infotec Group is a full service provider
for capture, hosting and distribution of digital IP content for
businesses and viewers throughout the world. Infotec is building its
infrastructure and its web portal to support the growth in web TV /
Internet TV and in the distribution of digital content and
information, anywhere, anytime, via its proprietary ebahn Television
Network, which can be viewed on the Internet at http://www.ebahn.tv.
Forward-Looking Statements
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Those statements
include statements regarding the intent, belief or current
expectations of eWan1, and members of its management as well as the
assumptions on which such statements are based. Prospective investors
are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties,
and that actual results may differ materially from those contemplated
by such forward-looking statements. The Company undertakes no
obligation to update or revise forward-looking statements to reflect
changed assumptions, the occurrence of unanticipated events or changes
to future operating results.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES CANADA
INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES TV AND RADIO TECHNOLOGY CONSUMER ELECTRONICS INTERNET NETWORKS TELECOMMUNICATIONS CONTRACT/AGREEMENT MERGER/ACQUISITION
SOURCE: eWAN1, Inc.
CONTACT INFORMATION:
For eWAN1, Inc.:
Public Communications
Michael Selsman, 310-553-5732
ms@publiccommunications.biz
or
Brass Bulls Corp.
Matthew Lovito, 866-342-2700
or
www.ewan1.com
GZFX GameZnFlix, Inc. Licenses 3,600 Movies for GnF Entertainment Network Library
By Market Wire
Last Update: 4/12/2006 5:33:37 PM Data provided by
FRANKLIN, KY, Apr 12, 2006 (MARKET WIRE via COMTEX) -- GameZnFlix, Inc. (GZFX), an online provider of video game and DVD movies for rent or purchase, has licensed 3,600 movie titles for its GnF Entertainment Network. GnF Entertainment is currently broadcasting to over 2 million satellite dishes across North America, Canada, Mexico, Caribbean, and providing streaming TV to www.gameznfix.com.
"This licensing agreement further adds to our television film library and is another step forward to providing options to our current members and future members," John Fleming, CEO of GameZnFlix, Inc. "The Company's research and development project continues to move towards accomplishing one of the company's goals of providing movies and games through video-on-demand or, potentially, any other media."
GameZnFlix is a company that offers video games/DVD movies for rental or purchase on the Internet with access to over 40,000 game and movie titles. With different membership levels beginning at $8.99 a month subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
SOURCE: GameZnFlix, Inc.
Triangle Multi Media Limited Inc. (OTC BB: QBID) addresses shareholders and the investment community.
I felt as the Chairman and CEO of both Triangle Multi Media and Q
Television Network, I have a responsibility to dispel certain rumors and
address specific concerns that have been expressed by the investment
community.
Our primary goal, despite the financial challenges that we may face, is to
make our company a success. Although we have had set backs in regards to
our inability to produce audited financial statements, we have a dedicated
team of professionals strategizing a business plan that we hope will not
only repair our company, but allow it the opportunity to succeed.
Currently TMM has 350 billion shares authorized. Fifty-three percent, or
185,500,000,000 were issued to me and my investment team on March 7, 2006.
This transaction was based on our agreement to take the financial and
business responsibility away from the previous management team. This 53%
is non-trading and is held restricted. Of the other 47% of common shares
issued, roughly 140 billion are in the float. Since I've taken over, we
have not and will not increase the float any further. I will be reviewing
emails from concerned investors and hope to address specific facts to the
best of my ability. Please send your questions to investor relations and
they will be immediately forwarded to me.
Despite our loss in one market, The QTN launch into eight new markets in
March 2006 takes our distribution to 6 million homes passed, which is the
highest potential subscriber number to date, and we believe this will
continue to grow. Additionally, the launch of internet based VDC with
fifty million potential viewers has secured our footprint into an emerging
technology that will only blossom as we move forward. Carol Hinnant and
our sales team will continue to proactively uncover all carriage
opportunities that fit into our business model and extend our reach into
the GLBT community.
Finally, under the direction of newly appointed General Manager/Program
Director, Frank Hagan, the positive feedback we have received from
subscribers and the television industry regarding programming has been
overwhelming. We are confident in Frank's ability to direct our
exceptional talent pool and oversee production at our Burbank studio
effectively and efficiently in regards to our existing programs and current
projects. The next step will be focusing our efforts on our subscriber
growth. I would personally like to thank all of the cable operators and
the GLBT community for their continued support.
I am aware of the challenges we must overcome to see our company become a
success, and I am disappointed that a handful of individuals with their own
agendas have maliciously and recklessly disseminated bad information to
cloud the investment community. We will consider taking legal action
against these individuals. You have my word we will do everything within
our power to gain the confidence of our shareholder base and continue to
look for partners with value to build this network into the premier voice
of the GLBT community.
Contacts:
Corporate Contact
818-848-5800
TMM Investor Relations
Richard Brown
Equity Relations, Inc
(617) 314-7379
Staff@EquityRelations.com
Michelex Corp. (Pink Sheets:MLXO)
has reached and signed a settlement agreement with Wells Fargo to end any/all
litigation.
Michelex has agreed to pay Wells Fargo $1,025,000.00 by April 20, 2006. Michelex
also agreed to pay $1,400,000.00 by August 31, 2006 in full settlement of all
debt to Wells Fargo. In turn, Wells Fargo has agreed to forgive $633,684.18 of
debt for any claims Michelex has against Wells Fargo. Thomas Gramuglia feels
that this settlement was necessary in order for the company to return to
"pre-2004" levels and regain its market share.
Michelex is also pleased to announce to further reduce its' debt, it has signed
an agreement to sell its building in Salt Lake City, Utah. In the agreement,
Michelex will continue to rent space so its manufacturing facility will continue
to operate. The first years' rent was included in the sale price. Once the sale
is finalized which is expected on April 21, 2006, the company's debt will be
reduced by $2,500,000.00.
These developments are very positive for the company and will allow the company
to implement its plan to move forward and regain profitability.
ABOUT MICHELEX
Michelex Plastics, founded in 1972, is a manufacturer/importer and distributor
of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related
specialty plastic products. The company has manufacturing facilities and
distribution points in New York and Salt Lake City. The company employs people
who are committed to the customers and to the operations of the business.
Michelex offers a full range of products through its divisions to make it a
one-stop shop for its customers.
Michele Audio - Audio duplication services and an exclusive rights holder of a
large catalog of music and spoken word recordings.
Michelex Media Products - Producer, supplier and distributor of paper multimedia
packaging products, also offering complete fulfillment services to its
customers.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the
Private Securities Litigation reform Act of 1995. The risks and uncertainties
that may affect the operations, performance development and results of the
Company's business include but are not limited to fluctuations in financial
results, availability and customer acceptance of our products and services, the
impact of competitive products, services and pricing, general market trends and
conditions, and other risks detailed in the Company's SEC reports.
CONTACT: Michelex Corp.
Thomas Gramuglia
(315) 769-6616
MotorSports Emporium Inc. (OTCBB: MSEP) announced today
their new car care product line, Luyendyk Pro Series(TM), to be
launched under the Quadriga MotorSports(TM) division.
David Keaveney, president and CEO of MotorSports Emporium,
commented, "Two-time Indianapolis 500 winner Arie Luyendyk and Indy
Pro Series driver Arie Luyendyk Jr. collaborated with MSEP to help
create the Luyendyk Pro Series(TM) brand. Our high-performance
automotive division, Quadriga MotorSports(TM), will promote five
specialty car care products under the Luyendyk Pro Series(TM) brand.
Quadriga MotorSports(TM) recently began to promote its
high-performance brake fluid GS610(TM) and will soon have a total of
six products."
Spray n Shine(TM) is the first of five automotive specialty car
care products to be announced under the Luyendyk Pro Series(TM) brand.
Spray n Shine(TM), an automotive waterless wash and wax, is a spray-on
application designed to detail between 4-6 cars or 8-10 motorcycles
without the use of water, leaving a finishing coat of Carnauba wax.
Spray n Shine(TM) is currently in production and will be commercially
available in June 2006 with initial pricing set within the parameters
of a mass automotive consumable -- between $5-$10.
"The Luyendyk Pro Series(TM) line is one of the best car care
products available for automotive consumers. I am very impressed with
Spray n Shine(TM), especially the end result," stated Arie Luyendyk
Jr. "Spray n Shine(TM) washes and waxes the car without using water.
It's amazing! As a MSEP shareholder, I am excited about my involvement
with this unique line of products."
Racing legend Arie Luyendyk stated, "We put a lot of thought into
the Luyendyk Pro Series(TM) product line. Spray n Shine(TM) is an
ingenious way to wash and wax a car without the typical hassles.
Automotive detail shops, repair shops and auto dealers will benefit
from this product. There are many practical users for Spray and
Shine(TM), especially if you live in an apartment or condo. The cost
of Spray n Shine(TM) appeals to every demographic and should quickly
gain popularity throughout the car club scene. Jr. and I are excited
about the different line of products coming out."
Keaveney concluded, "Initial marketing efforts will concentrate
mainly on television (commercials, infomercial and home shopping
channels) leading into national distribution and major retail chains.
The Luyendyk name speaks volumes in the automotive community and our
products have instant credibility. With the Luyendyks having a vested
interest in both MSEP and the new product line, we will work closely
together in developing and marketing products. All Luyendyk Pro
Series(TM) products will be sold on our specialty Web site --
www.cleancarkit.com and our Quadriga MotorSports(TM) Web site."
About Luyendyk Pro Series(TM)
Named after Indy Pro driver Arie Luyendyk Jr. and his father,
two-time Indianapolis 500 winner, Daytona 24 hour winner and 12 hours
of Sebring winner Arie Luyendyk. The Luyendyk Pro Series(TM) product
line is a hand-picked collection of specialty car care products
designed to clean and detail automotive vehicles. For more information
visit www.cleancarkit.com or www.quadrigamotorsports.com.
About MotorSports Emporium Inc.
MotorSports Emporium Inc. is a fast-track company in the motor
sports industry targeting enthusiasts who participate in die cast
collectible cars, automobile restoration, high-performance
accessories, motor sports-related collectibles, automotive and racing
art, driver's apparel, race venues and product licensing. For more
information visit www.motorsportsemporium.com. For product visit
www.scalecars.com, www.driversdigs.com, www.pitstopstudios.com and
www.quadrigamotorsports.com and www.cleancarkit.com.
This news release may include forward-looking statements within
the meaning of section 27A of the United States Securities Act of
1933, as amended, and section 21E of the United States Securities and
Exchange Act of 1934, as amended, with respect to achieving corporate
objectives, developing additional project interests, the company's
analysis of opportunities in the acquisition and development of
various project interests and certain other matters. These statements
are made under the "Safe Harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995 and involve risks and
uncertainties which could cause actual results to differ materially
from those in the forward-looking statements contained herein.
KEYWORD: NORTH AMERICA ARIZONA UNITED STATES
INDUSTRY KEYWORD: MOTOR SPORTS AUTOMOTIVE CONSUMER & GENERAL INTEREST PERFORMANCE & SPECIAL INTEREST RETAIL SPECIALTY SPORTS PRODUCT/SERVICE
SOURCE: MotorSports Emporium Inc.
CONTACT INFORMATION:
MotorSports Emporium Inc.
David Keaveney, 480-596-4002
davidk@motorsportsemporium.com
GenoMed, Inc. GMED), a Next Generation Disease Management company whose
business is public health(TM), announced today that it has entered into an
exclusive agreement with SUMIT Exports & Trades to market its services to
India for under US $150 per patient per year. Since the per capita income in
India is around $600 a year, GenoMed has priced its Next Generation DM(TM)
service within reach of the average Indian citizen.
Dr. David Moskowitz, GenoMed's CEO and Chief Medical Officer, said, "In
2002, we published that we can reverse chronic kidney failure from diabetes
and high blood pressure, as well as significantly delay the progression of
emphysema. Third World countries like India want to enjoy better health, but
can't afford to spend $2 trillion a year on healthcare as the U.S. currently
does. Thanks to medical genomics, GenoMed can already deliver better outcomes
for cardiovascular disease, which two-thirds of people in First World
countries like the U.S. die of. And we have a good jump on cancer, which a
third of Americans die of."
Continued Dr. Moskowitz, "Yesterday, at the BIO 2006 convention in
Chicago, former President Clinton called biotechnology the answer to
international healthcare. Today, we're delighted to prove him right. We look
forward to the expansion of President Bush's Health Savings Accounts (HSA's)
to make preventive molecular medicine and lower health care costs a reality in
the United States one day, too."
About GenoMed(TM)
GenoMed is the only biotechnology company serious about both lowering
healthcare costs and improving patient outcomes. It is leading the clinical
revolution made possible by knowing which genes cause which diseases. GenoMed
is currently marketing its protocols to prevent kidney failure due to high
blood pressure and diabetes, and to delay the progression of emphysema. The
company is offering its Healthchip(R), on a research basis only, to predict
breast, colon, lung, ovarian, pancreatic, and prostate cancer in Caucasians.
And GenoMed is in the process of creating a virtual pharmaceutical company to
develop new drugs for the hundreds of cancer chemotherapy targets it has
discovered, in situations where no drug yet exists.
Safe Harbor Statement
This press release contains forward-looking statements pertaining to
GenoMed, Inc.'s (The Company's) finances and treatments. The words or phrases
"ought to," "should," "could," "may," or similar expressions are intended to
identify "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results could differ
materially from those projected in the forward-looking statements as a result
of a number of risks and uncertainties including, but not limited to our
research and development being subject to economic, regulatory, governmental
and technological factors. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent date. Unless
otherwise required by applicable law, we specifically disclaim any obligation
to update any forward-looking statements to reflect occurrences, developments
unanticipated events or circumstances after the date of such statement.
SOURCE GenoMed, Inc.
Contact Information:
David Moskowitz MD, CEO, GenoMed, Inc., St. Louis, Missouri, +1-314-983-9933, dwmoskowitz@genomed.com , or Ms. Sujata Mital, Director, SUMIT Exports & Trades pvt. Ltd., Mumbai, India, sumit_exports@yahoo.com
WebSite:
http://www.sumitbiomedical.com
EPOD International Inc. (the "Company", "EPOD")
(OTC BB: EPOI) (Frankfurt: EDU.F) announces the Company's intent to
construct a five (5) megawatt solar panel manufacturing facility in
Kelowna, British Columbia.
Further to EPOD's announcement of January 16th regarding the Company's
plans to increase its solar panel manufacturing capacity, EPOD announces
the Company intends to construct a solar panel manufacturing facility in
Kelowna, B.C. An estimated two megawatts of production capacity is
anticipated to be available within six months, with the annual capacity of
the plant projected to be five megawatts upon completion.
The addition of solar panel manufacturing capacity will allow EPOD to
further vertically integrate its solar power operations, and substantially
increase the Company's solar panel output. This manufacturing capacity and
increased solar panel output will also enable EPOD to maximize its solar
power system sales and integration in the Province of Ontario, where the
Ontario Power Authority and the Ontario Energy Board recently announced the
creation of the Standard Offer Program
(http://www.ontarioelectricityrfp.ca/Docs/OPAOEBpressrelease.pdf), a
renewable energy feed-in tariff initiative. The Standard Offer Program will
pay EPOD and other solar power generators CAD$0.42 per kilowatt-hour
(approximately USD$0.37), under what is anticipated to be a 20-year power
purchase agreement. Given the Ontario government's increased support of
solar energy through the Standard Offer Program, EPOD intends to
aggressively pursue solar system sales in the Ontario market effective
immediately.
EPOD Management is also pleased to report that the first week of power
sales to the Company's German utility customer was completed successfully.
L. Mark Roseborough
President
EPOD International Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act
of 1995: Statements about EPOD's future expectations, including future
revenue, earnings, and transactions, as well as all other statements in
this press release other than historical facts are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. EPOD intends that such forward-looking statements be subject
to the safe harbors created thereby. These statements involve risks and
uncertainties that are detailed from time to time in the Company's filings
with the Securities and Exchange Commission, including, but not limited to,
the Company's 10-KSB for year ended December 31, 2004 filed on or about
March 30, 2005, and incorporated herein by reference.
About EPOD: EPOD International Inc. is a leader in the development of
advanced energy management technologies with real-world market
applications. The Company's patent-pending 'Energy Pod' technology manages
and manipulates electrical energy such that utilization of DC-electric
battery power becomes significantly more efficient. EPOD's patent-pending
and proprietary technologies are applicable to a wide variety of industries
and applications, and are available through licensed OEM's and directly to
end-users.
The Company's filings, including current financial reports, can be accessed
through the EDGAR database at www.sec.gov.
For more information please contact:
Brett Walker
Telephone: (604) 669-0600
Fax: (604) 662-0672
DKAM Drinks Americas Successfully Launches Sales of Trump Super Premium Vodka
By Market Wire
Last Update: 4/12/2006 8:00:11 AM Data provided by
WILTON, CT, Apr 12, 2006 (MARKET WIRE via COMTEX) -- Drinks Americas Holdings, Ltd. (DKAM) ("Drinks Americas" or the "Company") today announced that orders for Trump Super Premium Vodka: The World's Finest Vodka have reached 40,000 cases in the first 30 days of presenting to wholesalers, representing approximately $5 million in advance orders from a limited number of states. Drinks Americas is currently in the process of adding distributors and related order flow in additional states. The Company expects to begin shipping in its first fiscal quarter which begins May 1.
J. Patrick Kenny, CEO Drinks Americas, stated, "When we announced the beginning of the Trump Super Premium Vodka line in November, we were highly honored to be able to add such a marquis name to our product roster. We are even more excited as we see orders coming in advance of production. There is a high level of anticipation evolving among distributors, retailers and consumers for the launch of the brand."
Kenny further states, "As we indicated at that time, in our view the Trump name is one of the most recognizable and valuable global trademarks in existence today, synonymous with the very best in class. In keeping with our plan, we have successfully searched the world for the very best super premium product. Milton Glaser, one of the most celebrated graphic designers in the world, has developed the very best packaging design for the vodka soon to be unveiled. Even before we have produced a case, customers are placing orders, confident that if it has the Trump trademark, it will sell."
Donald Trump recently commented, "Trump Super Premium Vodka is a big idea... By the summer of '06 I fully expect the most called for drink to be the T&T or the 'Trump and Tonic.' We are very excited that Drinks Americas will be leading this initiative and look for great success."
The super premium vodka category is the fastest growing segment of the largest distilled spirits category. According to the Distilled Spirits Council, while super premium vodkas account for only 23% of sales by volume, almost 44% of the revenue (exceeding $1.3 billion per year) comes from the super premium segment.
Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages that are often associated with renowned icon celebrities. Drinks' portfolio of premium alcoholic beverages includes Willie Nelson's Old Whiskey River Bourbon and Bourbon Cream; Roy Yamaguchi's Y Sake. Drinks non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice Drinks.
Other products owned and distributed by Drinks include Damiana, the Mexican liqueur, Aguila Tequila; Norman's Wines from Australia's oldest winery, Drinks' award-winning Cohete Rum Guarana from Panama, Swiss T and Rheingold Beer. Old Whiskey River, Y Sake, Aguila Tequila, Damiana and Cohete Rum are Gold and Silver Medal award winners respectively from the International Beverage Tasting Institute and the San Francisco International Wine and Spirits Competition.
For further information, please visit our website at www.drinksamericas.com.
SOURCE: Drinks Americas Holdings, Ltd.
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STTK Smart-tek Begins Work on Projects Valued in Excess of $500,000
By PrimeZone
Last Update: 4/12/2006 9:45:16 AM Data provided by
CORTE MADERA, Calif., Apr 12, 2006 (PRIMEZONE via COMTEX) -- Smart-tek Solutions, Inc. (STTK) announced today that its operating subsidiary, Smart-tek Communications Inc. ("SCI"), has commenced work on the Pomaria, Laguna, La Colomba and Skyline projects. The aggregate value of these contracts was in excess of $500,000.
"We are very happy to announce that we have commenced work on four projects in our commercial and residential security/surveillance business," said Perry Law, President of SCI. "We continue to have great success in our security/surveillance business as evidenced by our recent contract signings. We strive to be innovative leaders in our market by using state of the art technologies in our projects and continue to complete our jobs on time and on budget."
The Pomaria is a 138 unit Qualex Landmark development designed by Raffi Architects located in downtown Vancouver. Work for this project will include providing integrated proximity access control, intercom, CCTV, elevator access control and suite security systems.
Complete details and project status can be seen by accessing the following link: www.pomaria.com/passion.html.
The 76 unit Laguna development is owned by Prima Properties Ltd. located in downtown Vancouver. Work for this project will include providing integrated proximity access control, intercom, CCTV, elevator access control and suite security systems.
Complete details and project status can be seen by accessing the following link: www.itc-group.com/experience/.
The LaColomba is residential development consisting of studio, 1 bedroom and 2 bedroom urban condos located in Vancouver. Work on this project will include providing telephone/data backbone to the building, an integrated proximity access control, intercom, CCTV, elevator access control and suite security systems.
Complete details and project status can be seen by accessing the following link: www.lacolomba.ca.
The Skyline project is a joint partnership between First Western Developments Limited and Leeda Developments Group located in Vancouver. Work on this project will consist of integrated proximity access control, intercom, CCTV and elevator access control.
Complete details and project status can be seen by accessing the following link: www.skylinecondos.ca.
About Smart-tek Solutions Inc.
Smart-tek Solutions Inc. is a technology holding company in the security and surveillance sector and poultry monitoring with its RTAC-PM bird flu containment system, providing turnkey state of the art systems design and installation through its wholly owned subsidiary, Smart-tek Communications, Inc. Smart-tek Communications, Inc. is the Company's initial acquisition in this sector and is appropriately positioned to pursue additional acquisitions in order to restore and enhance shareholder value.
Smart-tek Communication ("SCI") is a market leader in providing surveillance technology solutions for the monitoring and containment of the H5N1 virus with the recent introduction of its RTAC-PM system. This scaleable system has been designed to help countries contain the deadly avian flu virus currently threatening the world.
Smart-tek Communications Inc. is a market leader in integrated security, voice and data communication systems. Located in Richmond, British Columbia, SCI specializes in the design, sale, installation and service of the latest in security technology with proven electronic hardware and software products. SCI has positioned itself as a security systems leader in the Greater Vancouver area, supplying over 45% of new downtown core construction projects. Valued customers include major developers, general and electrical contractors, hospitals, Crown Corporations, law enforcement agencies and retail facilities. Projects range from high-end residential and commercial developments to system upgrades and monitoring contracts. SCI's continued growth and success is a direct result of providing a consistently superior product at competitive pricing to both new and existing clients. SCI's stellar client retention is in itself a testimonial to the overall excellence of the product designed and installed.
More information on Smart-tek Solutions' RTAC-PM bird flu containment system can be found at www.smart-teksolutions.com/rfid.html.
More information on Smart-tek Solutions can be found at www.smart-teksolutions.com.
Notice Regarding Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding the Company's business which are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Readers are directed to the Smart-tek Solutions reports as filed with the U.S. Securities and Exchange Commission from time to time, including but not limited to its most recent annual report on Form 10-KSB for the year ended June 30, 2005 and quarterly report on Form 10-QSB the quarter ended December 31, 2005 for further information and factors that may affect Smart-tek Solutions business and results of operations. Smart-tek Solutions Inc. undertakes no obligations to publicly update any forward-looking statements to reflect future events or circumstances.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Smart-tek Solutions Inc.
Amedia Networks, Inc. (AANI), a provider of home gateways and switched Ethernet ultra-broadband solutions, today announced its first shipment of its outdoor Home Gateway product to a U.S. customer.
Commenting on the event, Frank Galuppo, President and CEO of Amedia stated, "The first revenue associated with a product shipment, and which will be reflected in our second quarter results, is a significant milestone for our company. It validates that our products work as advertised and provide the promised value to our customers." Mr. Galuppo went on to note that "Home Gateways of this type will play a major role for service providers as they need to manage the increasingly larger volumes of traffic and diverse services into the homes of their subscribers. The market for Home Gateways is projected to grow over the next several years, reaching $1.5 billion per year in the U. S. by 2009. We are proud to be one of the first to ship products of this kind to a U. S. customer."
About Amedia Networks, Inc.
Amedia designs and develops single family, building, and other ultra-broadband service gateways and switched Ethernet solutions. These secure and flexible solutions are used by network operators deploying Fiber-to-the-Premises, Fiber-to-the-Building, or Fiber-to-the-Node infrastructures to offer their residential and business subscribers high-speed data, IP video, and Voice over Internet Protocol (VoIP) services in a highly cost effective manner. For more information about Amedia Networks, please visit www.amedia.com.
his press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Amedia's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Amedia's filings with the Securities and Exchange Commission (available at www.sec.gov). Amedia assumes no obligation to update any forward-looking statements.
SOURCE: Amedia Networks, Inc.
GLIF Grant Life Sciences Inc. The proposed deal would include upfront payment of $250,000 to
Grant, plus ongoing royalties upon commercialization of the resulting
product; also, DTL will conduct and fund all development costs,
including clinical trials, associated with the commercialization of
the products developed from Grant's cervical cancer diagnostic
technology
Grant Life Sciences Inc. (OTC Bulletin Board: GLIF) announced
today that it has entered into a Memo of Understanding (MOU) with
Israel-based Diagnostic Technologies Ltd. (DTL) related to Grant's
cervical cancer-diagnostic technology (U.S. Patent No. 6,743,593).
Under the MOU, Grant will receive an upfront licensing fee of
$250,000. In addition, the MOU calls for DTL to conduct all
development at its own cost, including clinical trials, associated
with the commercialization of the products developed from Grant's
cervical cancer-diagnostic technology. Upon commercialization, DTL
will pay Grant an ongoing royalty on sales of the products developed,
according to the MOU.
A definitive licensing agreement will be signed following
appropriate due diligence and a feasibility test. Upon signing, DTL
will immediately assume all of the costs associated with turning
Grant's core technology related to cervical-cancer diagnostics into a
commercially viable product. The diagnostic product based on Grant's
technology will augment and complement DTL's suite of diagnostics
aimed at the women's health market. Stan Yakatan, Grant's Chairman,
together with DTL's Chairman, were instrumental in structuring this
MOU, recognizing the considerable synergy of the relationship between
the companies.
"This event, once consummated, will represent a most important
milestone in the evolution of our company," said Hun-Chi Lin, Ph.D.,
Grant's President and Chief Scientist. "To date, we have been hampered
in our development of our cervical cancer-technology because of
capital constraints. The large costs of development, as well as the
considerable expenses associated with being a publicly traded company,
have hampered our ability to expedite final development of our core
technology. This affiliation with DTL will help us accomplish many of
our goals and more readily assure success and hoped-for shareholder
value appreciation."
"We are happy with the opportunity to extend our current knowledge
in developing diagnostic tools and means in the field of women's
health to the field of cervical cancer and to fast-forward development
and commercialization of a diagnostic product based on Grant's
cervical cancer diagnosis technology," said Hamutal Meiri, Ph.D.,
Chief Executive Officer of DTL. "We hope that their technology will
enable the detection of the presence of antibodies produced only by
cancer-causing HPV-types and profile them." According to the National
Cancer Institute there are some 100 types of HPV. However, only about
7 to 15 of these appear to cause cervical cancer, with certain
HPV-types especially virulent in this regard. Cancer-causing HPV-types
express certain unique proteins that help trigger the disease. The
parties to the MOU believe that the product developed using Grant's
technology can distinguish these cancer-causing proteins from those
made by non-cancer-causing HPV-types. DTL therefore expects that using
Grant's technology will enable it to determine whether a woman has
cervical cancer or pre-cervical cancer conditions.
"Upon consummation of this partnership with DTL, Grant will have
the 'luxury' of being able to focus its efforts on boosting revenues
from sales in Asia of its rapid AccuDx tests for Malaria and Dengue
Fever," added Stan Yakatan, Chairman of Grant. "These products, along
with its rapid AccuDx tests for HIV-1 and HIV-2, represent an
impressive product portfolio, and Grant will be able to look to drive
new-business development for Grant Life Sciences in Asia. In addition,
the market for cervical cancer testing is enormous, and DTL intends to
carry a focused and controlled development of this innovative
non-invasive, protein-based diagnostic test."
According to the American Cancer Society, the human papillomavirus
(HPV) causes virtually all cervical cancer. Through its proprietary
protein-based technology, the assay under development is intended to
look at HPV in a fashion that identifies cervical cancer, its
precursors or the likelihood of its presence. This immunotest includes
antibodies especially associated with HPV-caused neoplasias or cancers
that are detected with synthetic, proprietary peptides or amino acid
sequences derived from certain proteins in the human papillomavirus.
About Diagnostic Technologies Ltd. (DTL)
DTL, based in Yokneam Illit, Israel, is a private company that has
licensed from Technion a technology for using a highly sensitive
immunoassay for the prediction of the risk to preeclampsia based on
the quantitative determination of placental protein 13 (PP13) in
maternal serum for prediction pregnancy disorders. The current test is
aimed for the prediction of the risk for preeclampsia. According to
the CDC, preeclampsia affects five to seven percent of all pregnant
women and represents a serious challenge for obstetricians and
prenatal and diagnostic laboratories. This threatening disorder can
result in: loss of life; blindness; motor and mental disorders or
premature newborns; pregnancy hypertension; and kidney, liver &
cardiovascular malfunctioning. It is estimated that nearly $30 billion
is spent today in healthcare costs to treat women with preeclampsia
and their newborns. The company's in vitro ELISA-based test utilizes a
simple blood test for the early prediction of preeclampsia, and it is
now in clinical trials. TEUZA, an Israeli venture fund, is the major
investor in the Company. On Jan. 31, 2006, PerkinElmer, Inc. (NYSE:
PKI), a world leader in Health Sciences and Photonics, announced that
it has secured the exclusive global rights to PP13 for identifying
patients at risk for preeclampsia developed by DTL.
About Grant Life Sciences Inc.
Grant Life Sciences Inc. develops products to improve the
efficiency of detecting and diagnosing cervical cancer, including a
sensitive, reliable, non-invasive, point-of-care test. The diagnostic
assay being developed by the Company has shown promise in detecting
cervical cancer and its precursors, a disease that kills in excess of
300,000 women annually. According to the CDC there are currently more
than 120 million cervical screening tests administered annually in the
U.S. and Europe. In developed nations more than 120 million eligible
women, 20 years old and above, still do not get Pap smears, and
globally more than 1.7 billion over the age of 20 have never been
checked due to cultural, religious or economic reasons. Further
information is available at: www.grantlifesciences.com.
Forward-Looking Safe Harbor Statement
With the exception of historical information, the matters
discussed in this press release are "forward-looking statements" that
involve a number of risks and uncertainties. The actual future results
of Grant Life Sciences could differ significantly from those
statements. Factors that could cause actual results to differ
materially include risks and uncertainties such as the inability to
finance the company's operations or expansion, inability to hire and
retain qualified personnel, changes in the general economic climate,
including rising interest rates and unanticipated events such as
terrorist activities, results of clinical trials, and market
acceptance of the Company's products. In some cases, "forward-looking
statements" can be identified by terminology such as "may," "will,"
"should," "expect," "plan," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," or other comparable terminology.
Although Grant Life Sciences believes that the expectations reflected
in the "forward-looking" statements are reasonable, such statements
should not be regarded as a representation by the Company, or any
other person, that such "forward-looking statements" will be achieved.
Grant Life Sciences undertakes no duty to update any of the
"forward-looking statements," whether as a result of new information,
future events or otherwise. In light of the foregoing, readers are
cautioned not to place undue reliance on such "forward-looking
statements." For further risk factors associated with our Company,
review our SEC filings.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES
INDUSTRY KEYWORD: WOMEN HEALTH BIOTECHNOLOGY INFECTIOUS DISEASES MEDICAL DEVICES ONCOLOGY PHARMACEUTICAL RESEARCH & SCIENCE CONSUMER
SOURCE: Grant Life Sciences
CONTACT INFORMATION:
Grant Life Sciences
Don Rutherford, 949-521-1232
Nighthawk Systems, Inc. NIHK), a leading
provider of intelligent wireless power control and emergency
notification products, announced today that it has received an order
through Day Wireless of Portland, Oregon to provide equipment to
remotely control tsunami sirens in Douglas County, Oregon.
Nighthawk also announced that it is ramping up efforts to provide
emergency management departments and first responders with solutions
aimed at providing timely and effective notification in crisis
situations. The announcement is in response to inquiries from cities
and counties across the country that have been affected by recent
weather-related disasters.
H. Douglas Saathoff, Nighthawk's CEO, commented, "Nighthawk
equipment is already being used for mission-critical alerting and
notification throughout the city of Denver and in the State of
Washington. Our equipment can enable targeted alerting not only via
sirens, but also within homes and buildings. Today, citizens are
largely dependent on the media for weather-related warnings, but this
does not provide an effective solution, especially at night when
radios and televisions are not on. Recent tornados throughout the
Midwest have shown this to be true. Our equipment will enable
on-demand notification via networks that today cover an estimated 90%
of the U.S. population. There is a reason why first responders and
emergency personnel continue to utilize paging technology today -- it
has proven to be more reliable than other communication methods in
times of crisis. It is our goal to provide equipment that will extend
that reliability beyond emergency personnel and into homes and
businesses."
About Nighthawk Systems, Inc.
Nighthawk is a leading provider of intelligent wireless power
control products that enable simultaneous activation or de-activation
of multiple assets or systems on demand. Nighthawk's installed
customer base includes major electric utilities, internet service
providers and fire departments in over 40 states. Nighthawk's products
also enable custom message display, making them ideal for use in
traffic control and emergency notification situations.
Individuals interested in Nighthawk Systems can sign up to receive
email alerts by visiting the Company's website at
www.nighthawksystems.com.
Forward-looking statements
Statements contained in this release, which are not historical
facts, including statements about plans and expectations regarding
business areas and opportunities, acceptance of new or existing
businesses, capital resources and future business or financial results
are "forward-looking" statements. You should not place undue reliance
on these forward-looking statements. Such forward-looking statements
are subject to risks and uncertainties, including, but not limited to,
customer acceptance of our products, our ability to raise capital to
fund our operations, our ability to develop and protect proprietary
technology, government regulation, competition in our industry,
general economic conditions and other risk factors which could cause
actual results to differ materially from those projected or implied in
the forward-looking statements. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements are made,
and our future results, levels of activity, performance or
achievements may not meet these expectations. We do not intend to
update any of the forward-looking statements after the date of this
press release to conform these statements to actual results or to
changes in our expectations, except as required by law.
KEYWORD: NORTH AMERICA COLORADO OREGON TEXAS WASHINGTON UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY GOVERNMENT FEDERAL GOVERNMENT AGENCIES NETWORKS SOFTWARE LAW ENFORCEMENT TELECOMMUNICATIONS PUBLIC POLICY/LEGISLATION STATE/LOCAL MANUFACTURING ENGINEERING PROFESSIONAL SERVICES CONSULTING COMMUNICATIONS CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE CONTRACT/AGREEMENT PRODUCT/SERVICE
SOURCE: Nighthawk Systems, Inc.
CONTACT INFORMATION:
Nighthawk Systems, Inc.
Doug Saathoff, 877-7-NIGHTHAWK, ext. 701
dsaathoff@nighthawksystems.com
Neuroscience Therapy Corp. NPYC) announced today that it has received FDA approval to begin
marketing its primary device P-Stim in the United States.
P-Stim, which has been deemed highly successful in treating pain in
thousands of patients in Europe, is now permitted to be marketed in the U.S.
where it is expected to produce a substantial amount of revenue for
Neuroscience Therapy.
It was stated by the National Institute of Health: "Pain is a critical
national health problem. It is the most common reason for medical
appointments, nearly 40 million visits annually, and costs this country over
$100 billion each year in health care and lost productivity."
Neuroscience Therapy is now able to enter the multi-billion dollar market
for pain in the U.S. and plans to begin a nationwide campaign to promote
P-Stim.
President and CEO Dr. Randolph A. Turpin of Neuroscience Therapy said:
"I'm very proud of our team for enabling Neuroscience Therapy to get to
this point. We are now in an ideal position to begin making revenues in this
multi-billion dollar market."
About Neuroscience Therapy Corporation:
Neuroscience Therapy Corp. is incorporated in the state of Washington
with operations located in Southern California. It holds the rights to a new,
safe and innovative technology to relieve pain. Its product portfolio consists
of two complementary products: the P-Stim(TM) Electro Stimulation Device and
the Multi-Point(TM) Stylus. These products have no known side effects, unlike
many pharmaceutical pain relievers. The neurostimulation market is in its
infancy and could reach several billion dollars in sales. The Company is
working toward being a leader in this market. For more information about the
Neuroscience Therapy Corp., visit: www.neurosciencetherapy.com
The information contained in this press release may include
forward-looking statements. Forward-looking statements usually contain the
words "estimate," "anticipate," "believe," "expect," or similar expressions
that involve risks and uncertainties. These risks and uncertainties include
the Company's uncertain profitability, need for significant capital,
uncertainty concerning market acceptance of its products, competition, limited
service and manufacturing facilities, dependence on technological developments
and protection of its intellectual property. The Company's actual results
could differ materially from those discussed herein.
Contact:
Neuroscience Therapy Corporation
Ray Johnson
866-456-5766
rayjay1@shaw.ca
SOURCE Neuroscience Therapy Corporation
Contact Information:
Neuroscience Therapy Corporation, Ray Johnson, 1-866-456-5766, rayjay1@shaw.ca
Nord Oil International Inc. NDOL) announced today that it is in the process of having its stock listed on the NASD OTC
Bulletin Board.
The company expects to be listed on the NASD OTC BB by no later than May 1,
2006. "Nord Oil is compliant with all of its reporting and with the start
of the oil production and in addition to our listing on the Frankfurt
Exchange, the OTCBB is a great platform to showcase our company to
investors," said Armenak Safarov, Vice-President of Nord Oil International.
It should also be noted that the company is currently reviewing an
unsolicited stock purchase offer received April 6, 2006 for 100% of the
total issued and outstanding shares of and has opted to keep the
information confidential until all information can be reviewed and expects
to release said purchase offer as soon as it can be bona fide. Management
expects to be able to release said information by no later than May 1,
2006.
About Nord Oil International Inc.
Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior
producer, trading under the ticker symbol NDOL on the US Pinksheets market.
Nord Oil International operates three wholly owned Russian subsidiaries:
Nord Oil Products, Nord Oil Samara and NANA. Nord Oil's properties
currently have a total of 48 million barrels of proven and probable
reserves and the company plans to acquire additional properties and has an
objective of 150 million barrels in proven and probable reserves.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of
historical facts are forward-looking statements, which contain our current
expectations about our future results. Forward-looking statements involve
numerous risks and uncertainties. We have attempted to identify any
forward-looking statements by using words such as "anticipates,"
"believes," "could," "expects," "intends," "may," "should" and other
similar expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give no
assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those
results to differ materially from those indicated in any forward-looking
statements made by us or on our behalf. Such factors include our limited
operating history; our need for significant capital to finance internal
growth as well as strategic acquisitions; our ability to attract and retain
key employees and strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our stock;
competition from other providers of similar products and services; and
other unanticipated future events and conditions.
Contact:
Viatcheslav Makarov
President
Nord Oil International Inc.
Vmakarov@nordoil.com
514-591-3666
www.nordoil.com
First Guardian Financial Corporation FGFC) today announced that it is holding negotiations to acquire a majority
stake in a privately held residential mortgage lending company located
in the northeastern part of the United States.
The company believes that entry into the residential mortgage
lending area will increase revenues significantly company wide, while
increasing visibility of the company's other products and services.
"With the required due diligence involved in any acquisition, we
will not yet name the company until we review all of the company's
assets and financial information and we have executed a definitive
acquisition agreement, however we do wish to inform our shareholders
of this potential acquisition, given the potential impact on the
company's business going forward," stated, Abraham Rosenman President
First Guardian Financial Corporation. "We anticipate the due diligence
will be completed within the next thirty days, if all information
compiled meets the company's criteria then a definitive agreement
would be entered into immediately."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing
Commercial Real Estate Financing & Investments for its own portfolio
in small to mid sized businesses. Its primary goal is to provide short
term financing within the commercial real estate market and
investments/financing to businesses either in the start up stage or
growth stage throughout the United States.
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 NEW YORK UNITED STATES
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE MERGER/ACQUISITION
SOURCE: First Guardian Financial Corporation
CONTACT INFORMATION:
First Guardian Financial Corporation
Investor Relations, 212-572-4823
Fax: 212-572-6499
ir@guardianfinancialcorp.com
www.guardianfinancialcorp.com
CyberKey(TM) Corporation CYKC) is pleased to announce the launch of its new CyberKey MusIKey MP3 Player,
which will be available through the Company's new E-Commerce Website on
April 17, 2006. The CyberKey MusIKey line will be available in 256 MB, 512
MB, 1 GB, and 2 GB sizes.
"We are very excited about our new line of MusIKey MP3 Players and the
solutions that it will provide to the music industry. Copyright
infringement is a serious problem in the industry and in a time when large
music publishers are searching for answers, CyberKey has a solution,"
stated Jim Plant, CEO and President of CyberKey Corporation.
All CyberKey MusIKey MP3 Players that are designed for consumer use include
the following features and functionality:
Bad Block Memory Management (BBMM) and Error Correcting Code (ECC) -- ECC
employs statistical analysis to reconstruct missing or corrupted data.
While highly effective, ECC performs best when corrupted data strings are
short. BBMM dynamically analyzes the memory area to be written to before
each "save" command is executed. Bad memory blocks are identified and
avoided, yielding the best data reliability available in the flash memory
business. BBMM is a proprietary CyberKey feature.
Digital Rights Management (DRM) -- This feature allows users to
password-protect information stored on their CyberKey device. Without the
proper password, the device can be rendered unreadable to anyone who may
find it or steal it. Data is encrypted before being stored on the device in
accordance with the US Government 128-bit security standard. The password
combinations are effectively infinite. DRM is a proprietary CyberKey
feature.
Authentication -- Every CyberKey contains an eighteen digit alphanumeric
serial number. The serial number can be integrated, and used with password
and credit card verification systems to provide two stage strong
authentications. When performed at the client PC (or enhanced cash
register), it becomes an ideal strong authentication mechanism for
eCommerce, financial services, medical, and enterprise applications.
Software Upgradeable -- With USB specifications improving the speed of data
transmission (v1.1 to v2.0) and technology changing, new applications are
being created and supported by CyberKey. This evolution means that new
solutions, applications software, device functionality upgrades, and OS
enhancements can be installed onto all the CyberKey products allowing for a
complete future proof USB flash memory solution. Software upgradeability is
a proprietary product of CyberKey.
About CyberKey
CyberKey Corporation, based in St. George, Utah, partners with
industry-leading manufacturers and distributors to deliver secure USB
drive-based solutions to vertical markets and content owners, service
providers and resellers. CyberKey solutions solve real-world issues in the
entertainment, education, government, military, automotive, financial
services and medical and gaming industries. CyberKey technologies allow
users to securely transfer large amounts of data, files and applications
software from one electronic device to another while employing a
patent-pending USB-based Digital Rights Management process. CyberKey's
solutions create new opportunities for existing industries and
applications.
Safe Harbor: Statements contained in this news release, other than those
identifying historical facts, constitute 'forward-looking statements'
within the meaning of Section 21E of the Securities Exchange Act of 1934
and the Safe Harbor provisions as contained in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements relating to
the company's future expectations, including but not limited to revenues
and earnings, technology efficacy, strategies and plans, are subject to
safe harbors protection. Actual company results and performance may be
materially different from any future results, performance, strategies,
plans, or achievements that may be expressed or implied by any such
forward-looking statements. The company disclaims any obligation to update
or revise any forward-looking statements.
For more information, please visit CyberKey's website at
http://www.cyberkeycorp.com
or Contact:
CyberKey Corporation
Investor Relations
(866) THE-APPL(E)
Vision Works Media Group, Inc. VWKM) and wholly owned subsidiary New Screen Television, Inc. announce that New
Screen Television was featured in Crawford Communications press
release April 9th highlighting News Screen TV's launch nationally on
Saturday, April 1st 2006 via the SES-AMERICOM AMC 10 Satellite.
Bryan McGuirk, president of media solutions for SES AMERICOM said,
"SES AMERICOM and Crawford have combined our complementary strengths
to allow new channels to focus on what they do best -- developing the
compelling and creative programming ideas that drive profits and core
viewers to their television sets."
"New Screen TV's network origination resides at Crawford in
Atlanta, where we can easily access it remotely to layout programming
schedules anytime, anywhere. Combine Crawford's industry expertise
with the ubiquitous and trustworthy coverage of SES AMERICOM's
HD-PRIME neighborhood, and it's no contest," said Rick Erickson,
general manager of New Screen TV. "A growing number of people who are
generally turned off by mainstream entertainment are tuning us in, and
we've got the distribution partners to grow our audience and business
for years to come."
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
via the SES-Americom AMC-10 satellite fulfills one of the major goals
toward meeting the company's stated ultimate goal of monthly income of
approx. $2,000,000 from the sale of New Screen TV as a basic channel
to affiliates across the U.S."
www.ses-americom.com/americom/siteSections/pressroom/04_10_06.php
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
Mornin Chief
Crosspoint Group, Inc. CPGP) today announced that it has entered into an agreement to acquire 50
percent working interest in Ebarb School Field/Converse Field in Sabine Parish,
Louisiana. The Ebarb School Field/Converse Field covers over 1,650 acres. The
agreement is pending financing and should close within 45 days. The gas
production field will be a joint venture between Suncoast Technical Services
(Dallas), Fremont (Oklahoma City), with Public Gas Company (NV), a subsidiary of
Crosspoint Group, Inc.
The current owners/operators, Suncoast and Fremont jointly manage over 100
natural gas properties. The company is located in Texas, Oklahoma and Louisiana.
Suncoast and Fremont have 16 active natural gas wells in the Ebarb School
Field/Converse Field. Crosspoint Group, Inc. has agreed to rework the gas wells
and additionally drill a minimum of 15 new (vertical and horizontal) gas wells.
These new gas wells will increase the gas production by doubling the total
production volume.
Independent Geological Firm Indicates 21 Bcf of Proven Reserves in
Fredericksburg Field
According to the independent geological consulting firm of Pollin & Shaw,
President Ron Shaw stated, "Our geological surveys coupled with our familiarity
with the Fredericksburg Field over the past 20 years confirm that the 21 billion
cubic feet of proven reserves could provide significant future production as the
field is reworked and new wells are drilled." This area and formation
documentation has also been confirmed by a third party geological consultant,
with over 27 years of reservoir engineering experience, Robert Hamrick,
PhD/Geologist of Oklahoma. Donald "Rex" Gay, Corporate President of Crosspoint
Group, Inc., stated, "This is the first transaction of this type for Crosspoint
Group, Inc. and we plan to continuously add similar projects to our energy
portfolio. Currently we have identified additional properties and are in the
process of review and will actively pursue those that are economically feasible
for CPGP to acquire."
About Crosspoint Group, Inc.
Crosspoint Group, Inc. is a full service energy company with natural gas
drilling, natural gas production, natural gas transmission, natural gas
compression sub-booster stations, as well as solar energy photovoltaic power
generation, portable power lighting systems and portable power generators.
Forward-looking statements in this press release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance of CPGP's
product, increased levels of competition, new products and technological
changes, and CPGP's dependence on third-party suppliers.
HTML: http://newsroom.eworldwire.com/releases/14219
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CONTACT: Crosspoint Group, Inc.
Donald Gay
(985) 705-5866
rexgay@yahoo.com
www.crosspointgroupinc.com
Mornin Chief, Stockz and Team
NextPhase Wireless NXPW), a next-generation connectivity company that specializes in integrated
Internet, voice and data communication solutions, today announced that it
has closed the acquisition of Atlanta-based SpeedFactory announced in a
release dated March 29th, 2006.
As stated in an 8-K filing on April 11, 2006, SpeedFactory, Inc., a wholly
owned subsidiary of NextPhase Wireless, Inc., acquired all of Synkronus,
Inc.'s assets, excluding cash, pursuant to an Asset Purchase Agreement
dated March 29, 2006 between SpeedFactory and Synkronus. The assets
acquired by SpeedFactory comprise Synkronus' Internet service and
connectivity business operated by Synkronus under the name "SpeedFactory."
SpeedFactory paid $1,500,000 in cash for the assets at closing and did not
assume any pre-closing liabilities from Synkronus.
CUSTOMER BASE GROWS BY 1100%
"SpeedFactory is a highly respected ISP, providing business-class DSL
services to customers in Atlanta and the fast growing South-East region
since 1998," said Robert Ford, NextPhase's President and CEO. "Together, we
now provide a broad range of connectivity services to over 2500 customers
in two of the fastest-growing regions of the country; Southern California
and the South-East," added Ford.
REVENUE RUN RATE INCREASES TO $3.5M
Not only will the acquisition immediately add to our revenue and cash flow
per share, it further strengthens our market-leading portfolio of
connectivity products and services, and extends our geographic reach," said
Ford. "With the contribution of the SpeedFactory acquisition starting in
the first quarter of fiscal year 2007, we're now profitable and expect to
see positive operating cash flow and much improved margins once the full
integration is completed," added Ford.
COMPREHENSIVE PORTFOLIO OF CONNECTIVITY SOLUTIONS
In recent weeks, NextPhase has added Business-Class Digital Subscriber Line
(DSL) services to its broad portfolio of connectivity solutions; announced
the nationwide wireless 'last mile' capabilities of NextNode Virtual
Networks; signed a Letter of Intent with Onasi, Inc. (OnSat) to form a
joint venture to provide integrated connectivity solutions, using satellite
backhaul and wireless 'last mile' technologies, to rural US markets and
developing markets internationally; signed an agreement with Communication
Technology Services (CTS) for the nationwide provision of broadband
connectivity installation and technical support services.
"This acquisition, together with our other recent announcements shows that
we're committed to building a world-class, full-service connectivity
company. Through our broad range of products and services, we now have the
ability to deliver flexible, scalable, reliable and cost-effective
connectivity solutions to business customers anywhere in North America, and
to developing markets outside the US. Whether customers are located in
established metropolitan areas, developing regions where growth is
outpacing the infrastructure build-out or in rural communities, we're now
able to deliver solutions that can adapt and evolve to their changing
customer needs," added Ford.
About NextPhase Wireless, Inc.
NextPhase Wireless is a next-generation connectivity company that
specializes in delivering integrated Internet, voice and data communication
solutions to its customers. The Company designs, deploys and operates its
own wireless networks and also provides wireless technology solutions to
businesses and municipalities. The Company is an active member of the WiMAX
Forum and the Wireless Communications Association International (WCA).
Leveraging its full-service capabilities and world-class infrastructure,
NextPhase Wireless offers a comprehensive portfolio of broadband solutions
that meet customers' needs today, and can anticipate and grow to meet their
needs of tomorrow.
Except for the historical information contained herein, this press release
contains forward-looking statements that involve risks and uncertainties.
Actual results may differ materially from the results predicted and
reported results should not be considered an indication of future
performance. In addition to the factors discussed in the filings with the
Securities and Exchange Commission, among the other factors that could
cause actual results to differ materially are the following: The ability to
successfully integrate SpeedFactory's operations into ours; the ability to
retain SpeedFactory's customers; risks that revenues generated by
SpeedFactory will decline from prior years' levels; adverse changes in the
business conditions and the general economy; competitive factors, such as
rival companies' pricing and marketing efforts; availability of third-party
material products at reasonable prices; the financial condition of the
customer; risks of obsolescence due to shifts in market demand; and
litigation involving product liabilities and consumer issues. NextPhase
Wireless Inc. cautions readers not to place undue reliance upon any such
forward-looking statements, which speak only as of the date made. NextPhase
Wireless Inc. expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any such statements to reflect any
change in the company's expectations or any change in events, conditions or
circumstances on which any such statement is based.
Contact:
NextPhase Wireless, Inc.
Robert Ford
800-748-5548
rford@npwireless.com
Investor Relations:
IR Affiliates
John Pentony
469-361-6239
NXPW@iraffiliates.com
Aethlon Medical, Inc. AEMD), a pioneer in developing therapeutic devices for infectious disease, announced today
that it has submitted an Avian Flu-related grant application entitled,
"Extracorporeal Treatment of H5N1 Bird Flu Viral Sepsis." The grant
was submitted to the National Institutes of Health (NIH) to be
directed to the National Institute of Allergy and Infectious Disease
(NIAID) as a Phase I Small Business Innovation Grant. The grant
application discusses the deployment of the Aethlon Hemopurifier(TM)
as a therapy to clear inflammatory cytokines, H5N1 Avian Flu virus and
viral fragments that stimulate viral sepsis. Grant collaborators
include Dr. Leo L.M. Poon, Assistant Professor at the University of
Hong Kong, Department of Microbiology, and Dr. Kevin Gilligan, Senior
Scientist at Commonwealth Biotechnologies. There is no assurance that
Aethlon will derive grant income related to this research initiative.
About Aethlon Medical
Aethlon Medical is developing the first medical device to treat
infectious disease. The device, known as the Hemopurifier(TM), is a
broad-spectrum treatment countermeasure against drug and vaccine
resistant bioweapons, naturally evolving pandemic threats such as H5N1
Avian Flu and chronic infectious disease targets, including
Hepatitis-C (HCV) and the Human Immunodeficiency Virus (HIV). Aethlon
has also initiated research on a second generation Hemopurifier(TM)
that targets the capture of growth factors inherent in the spread of
Cancer. More information on Aethlon Medical and the Hemopurifier(TM)
technology can be found at www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and
involve risks and uncertainties. Such forward-looking statements
involve assumptions, known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of Aethlon Medical, Inc. to be materially different from
any future results, performance or achievements expressed or implied
by the forward-looking statements. Such potential risks and
uncertainties include, without limitation, the Company's ability to
raise capital when needed, the Company's ability to complete the
development of its planned products, the ability of the Company to
obtain FDA and other regulatory approvals permitting the sale of its
products, the Company's ability to manufacture its products and
provide its services, the impact of government regulations, patent
protection on the Company's proprietary technology, product liability
exposure, uncertainty of market acceptance, competition, technological
change and other risk factors. In such instances, actual results could
differ materially as a result of a variety of factors, including the
risks associated with the effect of changing economic conditions and
other risk factors detailed in the Company's Securities and Exchange
Commission filings.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES
INDUSTRY KEYWORD: GOVERNMENT DEFENSE GOVERNMENT AGENCIES HEALTH AIDS BIOTECHNOLOGY INFECTIOUS DISEASES MEDICAL DEVICES RESEARCH & SCIENCE PRODUCT/SERVICE
SOURCE: Aethlon Medical, Inc.
CONTACT INFORMATION:
Aethlon Medical, Inc.
Jeff Richardson, 858-459-7800, x302
jrichardson@aethlonmedical.com
or
James A. Joyce, 858-459-7800, x301
jj@aethlonmedical.com
UBTA UTEK Corporation the technology transfer company, and UBA Technology, Inc. (Pink
Sheets:), a software solutions provider for both the online and
brick-and-mortar gaming industry, announced today that UBA Technology,
Inc. has acquired IntelliTouch Technologies, Inc., a wholly owned
subsidiary of UTEK Corporation, in a stock transaction.
IntelliTouch Technologies, Inc. holds a software license for a
technology product developed at The University of Wisconsin that
permits greater accessibility to gaming kiosks for individuals with
special needs and disabilities. As an example, a kiosk that has a
standard industry sized touch screen may be difficult or impossible
for many people with limited vision or movement to use. With the
addition of physical, auditory and visual enhancements, the kiosk will
become more user friendly for individuals who cannot see, read, reach
the screen, or make fine movements with their arms, hands, or fingers.
"The EZ Access(TM) is not a plug-in that UBA Technology can add to
their software, rather it is a set of interface techniques that can be
built into their existing software," said Gregg C. Vanderheiden,
Ph.D., inventor of the technology at The University of Wisconsin.
"UBA Technology, Inc. is enthusiastic about this technology and
its potential for being a significant and practical addition to our
existing peer-to-peer exchange betting platform," said Cary Chan,
Chief Executive Officer of UBA Technology, Inc.
"UTEK is pleased to consummate this technology transfer with UBA
Technology, Inc. and we look forward to continuing our efforts to
identify additional technology acquisition opportunities for their
consideration," said Jennifer Willis, Manager of Technology Alliances
for UTEK Corporation.
About UBA Technology, Inc.
UBA Technology, Inc. (UBA) develops and licenses betting exchange
software for both online and brick-and-mortar casinos. Their software
enhances all mobile, event-trading operators and betting services
worldwide. The unique UBA digital exchange and order-matching solution
allows real-time creation and settlement of event-based contracts. UBA
is focused on licensing software for the growing peer-to-peer gaming
marketplace. For more information about UBA Technology, Inc., please
visit its website at http://www.ubatechnology.com.
About UTEK Corporation
UTEK(R) is a leading, market-driven technology transfer company
that enables companies to rapidly acquire innovative technologies from
universities and research laboratories worldwide. UTEK facilitates the
identification and then finances the acquisition of external
technologies for clients in exchange for their equity securities. This
unique process is called U2B(R). In addition to its U2B(R) service,
UTEK offers both large and small capitalization companies the tools to
search, analyze and manage university intellectual properties. UTEK
has operations in the United States, United Kingdom and Israel. For
more information about UTEK, please visit its website at
http://www.utekcorp.com.
Forward-Looking Statements
Certain matters discussed in this press release are
"forward-looking statements." These forward-looking statements can
generally be identified as such because the context of the statement
will include words, such as UTEK or UBA Technology, Inc. "expects,"
"should," "believes," "anticipates" or words of similar import.
Similarly, statements that describe UTEK's or UBA Technology, Inc.'s
future plans, objectives or goals are also forward-looking statements.
Such forward-looking statements are subject to certain risks and
uncertainties, including the financial performance of UTEK or UBA
Technology, Inc., as appropriate, and the valuation of UTEK's
investment portfolio, which could cause actual results to differ
materially from those currently anticipated. Although UTEK and UBA
Technology, Inc. believe the expectations reflected in any
forward-looking statements are based on reasonable assumptions, they
cannot give any assurance that their expectations will be attained.
Shareholders, potential investors and other readers are urged to
consider these factors carefully in evaluating any forward-looking
statements. Certain factors could cause results and conditions to
differ materially from those projected in these forward-looking
statements, and some of these factors are discussed below. These
factors are not exhaustive. New factors, risks and uncertainties may
emerge from time to time that may affect the forward-looking
statements made herein. These forward-looking statements are only made
as of the date of this press release and both UTEK and UBA Technology,
Inc. do not undertake any obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances.
UTEK's operating results could fluctuate significantly due to a
number of factors. These factors include the small number of
transactions that are completed each quarter, the value of individual
transactions, the timing of the recognition and the magnitude of
unrealized gains and losses, UTEK's dependence on the performance of
companies in its portfolio, the possibility that advances in
technology could render the technologies it has transferred obsolete,
the loss of technology licenses by companies in its portfolio, the
degree to which it encounters competition in its markets, the
volatility of the stock market and the volatility of the valuations of
the companies it has invested in as it relates to its realized and
unrealized gains and losses, the concentration of investments in a
small number of companies, as well as other general economic
conditions. As a result of these and other factors, current results
may not be indicative of UTEK's future performance. For more
information on UTEK and for a more complete discussion of the risks
pertaining to an investment in UTEK, please refer to UTEK's filings
with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES CANADA
INDUSTRY KEYWORD: EDUCATION UNIVERSITY ENTERTAINMENT CASINO/GAMING TECHNOLOGY HARDWARE SOFTWARE MERGER/ACQUISITION
SOURCE: UTEK Corporation
CONTACT INFORMATION:
UBA Technology, Inc., Vancouver
Cary Chan, 206-338-6566
or
UTEK Corporation (USA)
Tania Bernier, 813-754-4330 x 223
or
Bankside Consultants (UK)
Steve Liebmann or Susan Scott, + 44 (0) 20-7367-8883
China Wireless Communications, Inc.,CWLC), is pleased to announce that it has signed a
contract with Tianjin University.
Tianjin Create Co., a systems integration company and subsidiary of China
Wireless Communications, has signed a contract to provide servers with IBM
support to Tianjin University. Maintenance, technical support and software
up-grades are included. This new system will benefit the growing need for the
university to support educational development in the health sciences, language
training, engineering and new technology development.
Tianjin University with its long history and fine traditions is a national
key university under the direct administration of the Ministry of Education of
China. It is the first university in modern Chinese education history, famous
both at home and abroad. Founded on October 2nd 1895, Tianjin University was
known as Peiyang University (Beiyang University) in its early days. From its
founding, the university modeled itself after the famous European and American
institutions of higher education and aimed to rejuvenate China by educating
qualified personnel with new scientific and technological knowledge. Its
graduates could directly enter famous universities in the US, like Harvard and
Yale Universities, for postgraduate study without having to take examinations.
In 1951, Peiyang University was renamed Tianjin University, becoming one of
the largest multidisciplinary engineering universities in China. The
University was one of the first 16 universities accredited by the State in
1959.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is
focusing its efforts on becoming a premier information technology company in
China. The information technology business is developing quickly in China and
we are becoming a major player in its development. The company provides
business solutions to clients which include systems integration, broadband
data services, support for Internet access and Voice over IP in China. Our
systems provide redundant high-speed network access connections, and transport
services that include IP data, video and ISP services. Another key component
to building the company's broad base information technology products and
services in China, including computer installation and maintenance, broadband
transport service, server installation maintenance and support, internet
services, broadband transport redundancy, fixed wireless transport and
information hosting.
Forward-Looking Statements:
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements". The company intends that
such statements about the Company's future expectations, including future
revenues and earnings, and all other forward-looking statements be subject to
the safe harbors created thereby. Since these statements (future operational
results and sales) involve risks and uncertainties and are subject to change
at any time, the Company's actual results may differ materially from the
expected results.
CONTACT:
Michael Bowden
Chief Operations Officer
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
www.chinawirelesscommunications.com
303.277.9968 Office
SOURCE China Wireless Communications, Inc.
Contact Information:
Michael Bowden, Chief Operations Officer of China Wireless Communications, Inc., +1-303-277-9968, info@chinawirelesscommunications.com
WebSite:
http://www.chinawirelesscommunications.com