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Warning Management Services Inc. WNMI) today announced that Warning Management Services Inc., Uber
Inc. and Uber's shareholders of record have signed a definitive agreement
whereby Warning has acquired of all of the outstanding shares of capital stock
of Uber Inc., a Louisiana corporation and their operating units.
Uber Inc. operating units include Uber Models, The Speed magazine, Uber Girls
and Uber Vintage Clothing.
William Scott Whitfield, the former President of Uber Inc. has been appointed to
the position of President of Uber Inc. and Warning Models LLC. Catherine Tran,
the former Chief Operating Officer of Uber Inc., has been retained as Director
of Operations of Uber Inc. and Warning Models LLC.
"We are extremely excited about the acquisition of Uber Inc.," said Brian Bonar,
Warning's CEO. "We anticipate the acquisition of Uber will significantly
increase Warning's national exposure through their magazines and web presence in
both the modeling and clothing industries." Bonar continued, "We firmly believe
that with the addition of Scott and Cat's expertise, Warning's team will be a
driving force in all of our related industries."
Uber Inc., founded in 1999, develops and supplies models for fashion editorials
in magazines, catalogs, newspaper advertisements, personal appearances, trade
shows and conferences; and for advertising clients who use models in posters,
websites, billboards and other outlets. The Speed magazine is distributed to
college campuses nationwide.
William Scott Whitfield, President of Uber and Warning Models, said, "We are
excited about the future of the Company. Our combined expertise in the
advertising, publishing, television, apparel and modeling, have already allowed
us to enter into discussions with major firms for national campaigns."
About Warning Management Services Inc.
Warning Management Services, founded in 1998, develops and supplies models for
fashion editorials in magazines, catalogs and newspaper advertisements and for
advertising clients who use models in posters, websites, billboards and other
outlets. Also, Warning Management models make TV, video and personal
appearances.
The Company also owns Employment Systems, Inc., which provides staffing services
and business processing services to municipalities and small businesses
throughout Southern California.
About Uber Inc.
Uber Inc. (Uber Models) (www.ubermodels.com) founded in 1999, has provided and
developed models for all aspects of the modeling and talent industry including
print, runway, showroom and spokes modeling. In addition to direct booking, Uber
has placed models with agencies worldwide.
The Speed Magazine (www.thespeedmagazine.com), launched in 2002 as part of Uber
Inc., is currently available at major universities in Louisiana, Alabama,
Florida, Georgia, Tennessee and Kentucky. The publication is available free to
readers on campuses and in surrounding businesses.
Ubergirl (www.Ubergirl.com), Uber Inc.'s talent division, supplies promotional
models for special events, tradeshows and conferences. Additionally, Ubergirls
are featured in film, television and commercials.
UberVintage (www.UberVintage.com) designs, sells and distributes vintage
t-shirts and original design t-shirts. The products will be available online and
in specialty boutiques nationwide.
Brian Bonar has been Chairman of Warning Management Services Inc. since
February, 2004, and is also Chairman and CEO of Dalrada Financial Corporation
(OTCBB:DRDF) located in San Diego, which provides a variety of professional
services related to human resources to businesses, and CEO of The Solvis Group,
Inc. (Pink Sheets:SLVG), which includes a number of operating units, including
M&M Nursing Services and CallCenterHR(tm). The Company provides a variety of
staffing services to businesses, including comprehensive human resource
administration, payroll services, workers compensation and risk management
insurance, and employee benefits such as health insurance, supplemental
insurance, HSA plans, 125 cafeteria plans, and 401(k) plans. The Company also
includes an imaging products and services unit, Imaging Tech, Inc., which
provides a variety of innovative products and services associated with graphics,
photography, and color management.
Statements in this press release that are not historical facts are
forward-looking statements, including statements regarding future revenues and
sales projections, plans for future financing, the ability to meet operational
milestones, marketing arrangements and plans, and shipments to and regulatory
approvals in international markets. Such statements reflect management's current
views, are based on certain assumptions and involve risks and uncertainties.
Actual results, events, or performance may differ materially from the above
forward-looking statements due to a number of important factors, and will be
dependent upon a variety of factors, including, but not limited to, our ability
to obtain additional financing that will allow us to continue our current and
future operations and whether demand for our products and services in domestic
and international markets will continue to expand. The Company undertakes no
obligation to publicly update these forward-looking statements to reflect events
or circumstances that occur after the date hereof or to reflect any change in
the Company's expectations with regard to these forward-looking statements or
the occurrence of unanticipated events. Factors that may impact the Company's
success are more fully disclosed in the Company's most recent public filings
with the U.S. Securities and Exchange Commission ("SEC"), including its annual
report on Form 10-K for the year ended Dec. 31, 2002, and its subsequent filings
with the SEC.
CONTACT: Warning Management Services Inc.
Brian Bonar
(858) 277-5300
bbonar@dalrada.com
Uber Inc./Warning Model Management LLC
Catherine Tran
Cat@ubermodels.com
William S. Whitfield
Scott@ubermodels.com
(310) 201-9100
(888) 465-4166
IDS Worldwide, Inc. IDWD) today announced
that IDS Homeland Security Divisions (HLS) introduction of HLS Biometric
384-Bit Encryption USB Flash Drive was an overwhelming success at the ISC
West Security Convention. Although the security show was closed to the
public HLS executives met with several key sectors leaders which the
Biometric Encryption Flash Drive was developed to protect. HLS executives
met with Government Agencies such as the Army and private sector company
executives from Martin Marietta.
HLS was also pleasantly surprised that one of the huge sectors that this
proprietary technology was created for, police and sheriff departments, and
the field laptops in patrol cars was a huge success. HLS received an
immediate request for contract from a Major City Police Department for all
800 of the departments patrol cars. HLS will release the name of the
police agency after HLS lawyers complete the contract request in the coming
days. The contract also calls for customization of HLS technology to
interface with the entire police department administration software to
protect both laptops in all patrol cars and communication from those
laptops to police headquarters. HLS is hiring retired FBI and Police
Commanders from Major Cities to present HLS Biometric 384-Bit Encryption
USB Flash Drives to Police, Sheriff, Highway Patrol and Fire Department
agencies to enable these agencies to have the highest level of IT Security
available in the world. With well over 5 Million patrol and fire rescue
vehicles needing this high level field security, this represents a very
large market for HLS Leading Biometric Encryption technology.
HLS Biometric Encryption technology was further endorsed at ISC West with
requests from numerous experts in the security industry ranging from
security companies to security system integrators requesting to immediately
become dealers and/or distributors of the highest level of IT Security in
the world created by HLS.
HLS also reached several joint venture agreements with industry leaders to
add additional microwave, thermal and barrier intrusion products to the HLS
line of security. HLS continues to be the fastest growing security company
in Asia and will introduce these new products to the security industry at
the Asia Security show in Karachi, Pakistan beginning May 17.
HLS recently contracted with NEC, Cisco and Arc Solutions to build the most
advanced VOIP and Video Security Monitoring Center in the world. The
monitoring is projected to be completed by these 3 vendors on May 25, 2006
with an initial operation of 100 monitoring stations capable of monitoring
over 100,000 accounts worldwide simultaneously. This state of the art
monitoring center is part of HLS overall business model making it a
world-class leader in both perimeter and IT security with its proprietary
biometric technology.
HLS has already received $50 Million in orders for the Biometric Encrypted
USB Flash Drive for the healthcare industry. HLS proprietary 384-Bit
Encryption is the most advanced encryption available in the world and HLS
is the 1st company in the world to develop a Biometric USB Flash Drive
imbedded with this level of encryption technology. Making it impossible for
anyone to hack into a client's desktop, laptop or server and in the event
the hardware is stolen the computer cannot be turned on and the hard drive
cannot be accessed without the "live beating" fingerprint of the authorized
user and the encryption key associated with that user.
HLS is projecting $250 Million in 1st year sales of the Biometric Encrypted
USB Flash Drive Worldwide which will result in an increase of approximately
$1.50 EPS for the HLS Division. Each unit sold by HLS will also generate
approximately $10.00 per year in annual maintenance fees producing
additional revenue in year 2 of the product launch.
IDS will release the company's decision regarding the minority equity
purchase in 995ad.com pre-market tomorrow.
For further information: http://www.ids-worldwide.com
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Statements in this
release that are forward-looking statements are based on current
expectations and assumptions that are subject to known and unknown risks,
uncertainties, or other factors which may cause actual results,
performance, or achievements of the company to be materially different from
any future results, performance, or achievements expressed or implied by
such forward-looking statements. Actual results could differ materially
because of factors such as the effect of general economic and market
conditions, entry into markets with vigorous competition, market acceptance
of new products and services, continued acceptance of existing products and
services, technological shifts, and delays in product development and
related product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this release
is as of the date of this release. The company undertakes no duty to update
any forward-looking statement to conform the statement to actual results or
changes in the company's expectations.
Contact:
IDS Worldwide, Inc., Orlando
info@ids-worldwide.com
Vision Works Media Group, Inc. VWKM) and wholly owned subsidiary New Screen Television, Inc. have announced
that the company has exchanged additional contracts with a cable
distributor to become New Screen TV's newest New Screen Films on
Demand affiliate.
Mark Astrom, New Screen TV's President said, "This VOD contract
represents new revenues to the company with little capital
expenditure. Each VOD market can provide $800,000 in monthly revenue
to Vision Works Media Group, based on existing industry trends in the
cable, satellite, and fiber-to-the-home markets."
Company reiterates to its shareholders: "company policy is no
reverse stock splits."
New Screen TV has been able to make the move after switching from
a local-only broadcaster to a nationally distributed 'basic cable'
channel in Q1 of this year. The channel's signal is distributed via
the SES Americom AMC-10 satellite to cable, satellite and
fiber-to-the-home systems around the U.S. New Screen TV is a 'basic
channel' on these systems that is available to all subscribers.
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
International Barrier Technology Inc. IBTGF a manufacturer of proprietary fire
resistant building materials, is pleased to report record shipments
for the month and quarter ending March 2006. Eight hundred fifty-one
thousand, six hundred sq. ft. (851,600) of Blazeguard products were
shipped in March eclipsing the previous monthly record of 693,700
sq.ft. set in December 2005 by 23%. Two million one hundred fifty-five
thousand, four hundred sq. ft. (2,155,400) of Blazeguard products were
shipped for the quarter ending March 31, 2006 which surpassed the
previous quarterly record of 1,820,200 sq. ft. shipped in the quarter
ending December 31, 2005.
Year to year March sales were 60% higher in 2006 relative to 2005
sales of 531,700 sq. ft. Year to year quarterly sales for the three
month period ending March 31, 2006 were 58% higher than the 1,361,100
sq. ft. shipped for the same quarter in 2005.
Fiscal year to date sales revenue has increased to $4,780,494 an
increase of 45%, from 2005.
Sales growth has been realized in both multifamily residential
markets as well as the commercial modular market. Blazeguard(R) sales
volumes into Florida, for instance, have increased to 1,118,000 square
feet, an increase of 119% over the 510,000 square feet shipped there
during the same quarter in 2005. Commercial modular sales to Mule-Hide
increased 48% from 539,500 to 801,000 square feet.
In addition, Barrier's sales force has begun to achieve sales into
the Midwest region multifamily residential market through the
conversion of builders previously using alternative methods of
attaining the required fire code. Sales orders continue to outpace
last year's rate at record levels.
"Barrier is well positioned to sustain growth at a rapid, but
manageable rate. Our focus for 2006 continues to be directed at sales
volume growth and to shift the majority of our required production to
the new manufacturing line. The new line is an integral and important
step in achieving our goals of new market development and improved
efficiencies of production. Attainment of these goals will provide a
significantly positive impact to our bottom line. We anticipate
continued success in the start-up process and the ability to shift
more and more of our production to the new line in the days ahead,"
states Dr. Michael Huddy, President and CEO.
About International Barrier Technology Inc.
International Barrier Technology Inc. (OTCBB:IBTGF)(TSX
VENTURE:IBH) develops, manufactures, and markets proprietary fire
resistant building materials branded as Blazeguard(R). Barrier's
award-winning Blazeguard(R) wood panels use a patented, non-toxic,
non-combustible coating with an extraordinary capability: it releases
water in the heat of fire. The panels exceed "model" building code
requirements in every targeted fire test and application, and are
unique in combining properties that increase panel strength and
minimize environmental and human impact. Blazeguard(R) provides
Barrier's customers a premium material choice meeting an increasingly
challenging combination of requirements in residential and commercial
building construction. Blazeguard(R) customers include four of the
five top US homebuilders.
-0-
*T
INTERNATIONAL BARRIER TECHNOLOGY INC.
_______________________
David J. Corcoran
CFO, Director
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS
PRESS RELEASE.
For more information please visit:
www.intlbarrier.com
*T
Forward-Looking Information: The statements in this news release
contain forward-looking information within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve certain risks, assumptions and uncertainties,
including but not limited to the ability to generate and secure
product sales. In each case 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 modified) will not be realized.
KEYWORD: NORTH AMERICA MINNESOTA UNITED STATES CANADA
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS PROFESSIONAL SERVICES FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE EARNINGS
SOURCE: International Barrier Technology
CONTACT INFORMATION:
International Barrier Technology
Investor Relations:
Melissa McElwee, 866-735-3519
mmcelwee@intlbarrier.com
Tara Gold Resources Corp. TRGD is pleased to announce that it has commissioned an independent
technical review and report for the Las Minitas Property portfolio. The
review will be carried out by Michael Sandidge, P Geo., a qualified person,
as defined under National Instrument 43-101.
Historical information regarding Las Minitas indicates three mineralized
zones of interest that contain a potential of 22 million tons of ore
grading 20 oz/t silver and 0.08 oz/t gold. Metallurgical testing indicates
that recoveries of 90% for both silver and gold may be achievable by
cyanidation alone. The full historical report is available at
http://TaraGoldResources.com.
Mr. Francis Biscan Jr., President of Tara Gold Resources stated, "We are
grateful to have formed relationships in Mexico that continue to bring us
properties of substantial merit. The Las Minitas project holds the
potential for 400 million ounces of silver and 1.7 million ounces of gold.
The technical data was taken from historical records and are based on a
technical report that was written in 1995, prior to the implementation of
NI 43-101. We look forward to receiving a qualified NI-43-101 report, which
will also outline a sampling, trenching, and drilling program to advance
this property."
The Company will focus its initial efforts on the validation of the
previous exploration work that outlined three wide, high-grade, lode-type
mineralized bodies: the North, Central, and El Negro zones, with postulated
strike lengths of 400, 500, and 700 meters respectively. These three zones
are considered to be outstanding precious metal exploration targets.
Cautionary Note
The tonnages, grades, assays, drill intercepts, production figures and
other technical data are taken from historical records prior to the
implementation of NI 43-101. While the data is believed to have been
acquired, processed and disclosed by persons believed to be technically
competent, it is unverifiable at present. The data source for the Las
Minitas property is largely the 1995 Report by D.B. Perterson. Tara Gold is
not treating the historical estimates as current mineral resources or
mineral reserves as defined in NI 43-101 and the historical estimate should
not be relied upon.
About Michael H. Sandidge, P.Geo.
Michael Sandidge is a qualified person, as defined under National
Instrument 43-101. He has a Masters degree in Geological Sciences from the
University of Texas at El Paso and has participated in seventeen
professional publications and presentations before scientific societies
focusing on tectonics, structural geology, metallogenesis, and
paleontology. He also has extensive experience in Mexico and is familiar
with historical and current work in the region. Michael does not have any
relationship with Tara Gold or its affiliates.
About Tara Gold Resources Corp.
Tara Gold Resources Corp. is a growth-oriented precious metals exploration
and development company with existing production. It is management's
objective to become a significant gold and precious metals producer by
increasing our current production at La Currita, re-initiating mining and
production at Lluvia de Oro, and developing the San Miguel, La Millionaria,
and Las Minitas projects in Mexico. We continue to acquire other
advanced-stage projects and/or producing mines in one of the most prolific
precious metal districts in the world. For more information, please visit
the Company's web site at: http://TaraGoldResources.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained herein which are not historical are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays
beyond the company's control with respect to market acceptance of new
technologies 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:
Tara Gold Resources Corp.
Website: http://www.TaraGoldResources.com
E-mail: president@taragoldresources.com
Corporate Office:
630-462-2079
Investor Relations:
503-465-1983
Cyberhand Technologies International, Inc. CYHD, a company that focuses on aerospace weapons systems and
wireless ergonomic products for private and military purposes, announced
today that it has begun construction on its first anti-personnel fighting
robot prototype. The announcement was made through its military defense
division, Cylogic Aerospace.
This prototype, the first in a series of Mobile Miniature Anti-Personnel
(MMAP) devices designed as a form of "Smart Mines" programmed for specific
targets that would eliminate carnage and despair caused by regular mines,
is a hard-wired, six-legged scale model of an anti-personnel fighting
robot. It is hard controlled via a three wire switching system that only
allows movement and speed control. This is the first in a line of
prototypes that will result in a fully automated, all weather, miniature,
walking land mine and anti-personnel weapon system. The mobile field
control distributor (MFCD) can coordinate up to 1000 MMAP units
simultaneously in real time hostile conditions.
Mr. Michael Burke, CEO of Cyberhand Technologies, commented, "This first
prototype will showcase Cyberhand's Cylogic Aerospace's foresight in the
homeland security and public safety arenas. This unit will be able to
track targets in a given area for hours, days and even weeks before
responding to a command to acquire and neutralize any individual target."
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. focuses on Aerospace Weapon
Systems that provide the world's fastest controllers and most accurate
target acquisition, generating the best field results, as well as
innovative wireless ergonomic products for private and military purposes.
This press release contains forward-looking statements. By their nature,
forward-looking statements and forecasts involve risks and uncertainties
because they relate to events and depend on circumstances that will occur
in the near future. There are a number of factors that could cause actual
results and developments to differ materially.
For further information, please visit www.cyberhand.com or contact:
Cyberhand Technologies International, Inc.
Christopher Todd
Investor Relations
(888) 514-6755
Michael Burke
Corporate Information
(403) 547-1712
Nord Oil International Inc. NDOL denied
allegations today that a Chinese State Owned enterprise was the offering
party to the recent unsolicited purchase offer. However, the company does
confirm that the State Planning and Development Commission through its
subsidiary CEInet does own approximately 1% of the total issued and
outstanding shares of the company.
The company is currently reviewing the purchase offer received April 6,
2006 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.
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
Native American Energy Group, Inc. NVMG, an oil and gas exploration
and development company that has to date amassed a handsome portfolio of
historically producing wells in N.E. Montana, today announced particular
satisfaction at some of the recent, tremendous, local oilfield developments
located in the Williston Basin's Bakken Formation where NAEG owns several
leases as well. An April 5, 2006 front page article in the Wall Street
Journal entitled, "Wildcat Producer Sparks Oil Boom On Montana Plains" points
out that a new field has come in with extremely high production for this area,
and some amazing reserve numbers have been estimated, from hundreds of
millions of barrels of oil to as high as the billions for the entire
formation. The Company would like to direct everyone to read this most
enlightening article.
Raj Nanvaan, CFO stated, "At NAEG, we like to think of ourselves as a
company that knows where it is and how to get it, and of course the Williston
Basin is an area in which we already own several leases here in Northeastern
Montana. In addition to which, we have more lease acquisitions planned for
this quarter. This has been an easy decision for us in light of our presence
here, as reports have now come out giving estimates making the Bakken perhaps
the largest recent U.S. oil find."
Native American Energy Group enthusiastically embraces this opportunity to
participate in the development of this prolific area and invites readers to
view the following WSJ article (see EXCERPT below) entitled, "Wildcat Producer
Sparks Oil Boom On Montana Plains" at the following link:
http://www.nativeamericanenergy.com/montanaoilboom.pdf.
EXCERPT -- "Mr. (Richard) Findley discovered a new field that is now
producing 48,000 barrels a day of high-quality crude oil from more than 300
wells. While oil companies have discovered bigger fields in Alaska and the
Gulf of Mexico, this sizeable find is now the highest-producing onshore field
found in the lower 48 states in the past 56 years, according to the U.S.
Energy Department."
For more information, please visit us at
http://www.nativeamericanenergy.com.
Safe Harbor Statement: 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 &
Exchange Act of 1934, as amended, with respect to corporate objectives,
projections, estimates, operations, acquisition and development of various
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.
SOURCE Native American Energy Group, Inc.
Contact Information:
Richard Ross, Director of Investor Relations of Native American Energy Group, Inc., +800-780-8076
WebSite:
http://nativeamericanenergy.com
Zenex International, ZENX a leading provider of
commercial roofing, repair and maintenance work, as well as disaster
recovery services today announced that it has signed an asset purchase
agreement with Merit Construction Services, a privately held concrete
restoration company in St. Paul, Minnesota.
The Merit Construction acquisition is expected to add
approximately $5 to $7 million in annualized revenue and be accretive
to calendar 2006 earnings along with significant opportunities for
growth. The purchase includes the hiring of all Merit construction
employees, performance of all current contracts, as well as
performance of contracts awarded but not yet started. Merit
Construction President, Douglas Bruns, will become President of
Aduddell Restoration Services; a newly formed division of Aduddell
Roofing, Inc., Zenex International's wholly owned subsidiary.
Financial terms of the transaction were not disclosed. The closing of
the transaction is subject to customary closing conditions and is
expected to close later this week.
According to Ron Carte, Chairman and chief executive officer of
Zenex, "This acquisition supports our strategy to expand and
strengthen the services provided by our core roofing business. Merit
Construction is an established, leading provider of concrete
restoration services and we are delighted to be able to bring Doug
Bruns and his entire team into the Zenex family. We look forward to
his contributions to the company."
About Zenex International
Zenex International, Inc. is the holding company of Aduddell
Roofing, www.aduddell.com, one of the leaders in the commercial
roofing industry nationwide. Through Aduddell Roofing and other
subsidiaries, Zenex International offers Fortune 500 companies and
large governmental agencies a broad range of roofing services,
including re-roofing, restoration and repair, new roof construction,
sheet metal fabrication, and waterproofing. In addition to work on
large projects and high security roofing matters, the company has a
nationally recognized track record for handling disaster recovery and
emergency projects efficiently and cost effectively. More information
about Zenex International can be found at www.zenex.net
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995:-- This press release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. 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 projected in the
forward-looking statements as a result of various factors.
KEYWORD: NORTH AMERICA OKLAHOMA UNITED STATES
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE CONSTRUCTION & PROPERTY MERGER/ACQUISITION
SOURCE: Zenex International
CONTACT INFORMATION:
Cameron Associates
John McNamara, 212-554-5485
john@cameronassoc.com
Avatar Systems, Inc. AVSY announced today that the Company has installed two additional iSynergy Document
Imaging customers and are working with ten additional firms interested in the
product.
Chuck Shreve, Avatar Systems, Inc. President, Chief Executive Officer and Chief
Financial Officer, stated, "We continue to see significant interest in our
iSynergy document imaging document management products. Our oil and natural gas
company clients continue to invest in better technology to enhance their
productivity and improve efficiencies. That bodes well for our software
solutions and document management products."
Avatar Systems, Inc. is based in Frisco, Texas. The company provides enterprise
resource solutions for companies engaged in the petroleum exploration and
production industry as well as Document Management Imaging Solutions for all
vertical markets. Avatar has a growing customer base on its Petroware(TM)
products, customers utilizing the Company's Avatar400(TM) IBM AS400 product, and
subscribers utilizing its ASP services.
The information in this news release includes certain forward-looking statements
that are based upon assumptions that in the future may prove not to have been
accurate and are subject to significant risks and uncertainties, including
statements to the future financial performance of the Company. Although the
Company believes that the expectations reflected in its forward-looking
statements are reasonable, it can give no assurance that such expectations or
any of its forward-looking statements will prove to be correct. Factors that
could cause results to differ include, but are not limited to, successful
performance of internal plans, product development and acceptance, the impact of
competitive services and pricing, or general economic risks and uncertainties.
CONTACT: The Eversull Group
Investor Relations
972-991-1672
972-991-7359 (fax)
jack@theeversullgroup.com
Techedge Inc. TEDG) is pleased to announce the
acquisition of China BioPharma Limited (CBP), a Cayman Island company,
which has majority ownership rights to Tianyuan Bio-pharmaceuticals
Co. Ltd., based out of Zhejiang Province, China. Currently, this deal
arrangement is pending on the Chinese government's final approval.
Tianyuan Bio-pharmaceutical Co., Ltd., established in 1989, is one
of China's largest non-governmental owned vaccine research
manufacturers and is the first in China confirmed to GMP standard. The
company's current products consist of vaccines for epidemic
hemorrhagic fever (Ebola) and influenza with high reputation and
market-occupying rate. The vaccines for both epidemic hemorrhagic
fever and influenza virus have been awarded the National New Product
Prize and National Tech Progress Prize.
Tianyuan Bio-pharmaceutical Co., Ltd. plans to establish the
production of 3 to 5 new products to its research portfolio of
vaccines, with 3 major in the series of aspects of bacterial, virus,
and viral vaccines, having already accomplished a batch of technical
achievements with autonomous intellectual property. With its recently
completed production facility that is the largest and best
human-vaccine production facility in China, it is also the nation's
main vaccine production base whenever there is an epidemic disease
outbreak in the region, such as SARS, and avian H5N1 influenza (bird
flu). The company currently has around 140 employees. For more
information on their current vaccines please visit www.ty-pharm.com
MANAGEMENT
The recent appointment of Dr. Shu as China BioPharma's new Chief
Research Scientist and CEO brings to the company additional creativity
and years of management expertise in the field of vaccine research.
Formerly the Far East & North Pacific Regional Executive Director of
Chiron Vaccines, Dr. Shu is widely recognized in the vaccine field in
China.
Dr. Shu brings extensive experiences in the areas of business
start-ups, general management within the vaccine industry, and a
proven track record in medical and marketing management in both France
and China. His past professional experiences include General Delegate
of China for Aventis Pasteur, and the Medical and Regulatory Affairs
Manager for Pasteur Merieux Connaught, based in Lyon, France. Dr Shu
was also the author of several articles and books in vaccine research.
Aside to Dr. Shu, the company has brought together an
International Advisory Board of some of the top experts in the field
of vaccine research within global health organizations.
FINANCIALS
For fiscal year 2005, Tianyuan Bio-pharmaceutical Co., Ltd.
realized $9 million in sales, with a net profit of $1.5 million for
the year, unaudited. The company is in the final process of completing
independent audits to US GAAP standards, which should be available for
public review shortly.
According to the agreement, Techedge Inc. will acquire 100% of the
outstanding capital stock of CBP in exchange for 3,000,000
unregistered shares of Techedge's common stock to be issued.
"With this acquisition, together with China BioPharma, we will
bring more international expertise, technologies, and management into
Tianyuan Bio-Pharmaceutical and help expand the marketing capability
beyond China. This acquisition will make Tianyuan Bio-Pharmaceutical a
much stronger company," Peter Wang, CEO of Techedge stated.
About Techedge Inc.
Techedge Inc. (OTCBB:TEDG) is a leading developer of mobile VoIP
and wireless broadband solution provider. The Company has recently
repositioned itself to focus at opportunities in the fast growing
bio-pharmaceutical sector in China. For more information, please visit
its website at www.techedgeinc.net
FORWARD-LOOKING STATEMENT DISCLAIMER
Some of the statements made in this press release discuss future
events and developments, including our future business strategy and
our ability to generate revenue, income and cash flow, and should be
considered forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
"forward-looking" statements can generally be identified by words such
as "expect," "anticipate," "believe," "estimate," "intend," "plan,"
and similar expressions. These statements involve a high degree of
risk and uncertainty that exists in the Company's operations and
business environment and are subject to change based on various
factors that could cause actual Company results, performance, plans,
goals and objectives to differ materially from those contemplated or
implied in these forward-looking statements. Actual results may be
different from anticipated results for a number of reasons, including
the Company's new and uncertain business model, uncertainty regarding
acceptance of the Company's products and services and the Company's
limited operating history.
KEYWORD: ASIA PACIFIC NORTH AMERICA NEW JERSEY UNITED STATES CHINA
INDUSTRY KEYWORD: TECHNOLOGY HEALTH INFECTIOUS DISEASES NATURAL RESOURCES AGRICULTURE MERGER/ACQUISITION
SOURCE: Techedge, Inc.
CONTACT INFORMATION:
Techedge Inc.
Tony Tsai, 732-632-9896
Fax: 702-442-7797
ir@techedgeinc.net
Cable & Co. Worldwide, Inc. CCWW, a publicly-held Delaware
corporation announced today that it has consummated
the transactions contemplated by the previously announced Asset
Purchase Agreement, dated as of March 28, 2006, with LifeHealthCare,
Inc.
The combined companies' next steps include, but are not limited
to, amending its charter, change its name to LifeHealthCare, Inc.,
obtaining a new trading symbol and CUSIP number for the Common Stock,
and applying to trade on the over-the-counter bulletin board. Cable
hopes to complete these next steps shortly.
Dr. Charles Randolph, President of LifeHealthCare, Inc., said, "We
are pleased to complete the transaction and the Company's emergence as
an innovative provider of non-prescription dental and medical
products. Towards achieving that objective, we are aggressively
implementing the launch of our first product, the emergency dental
care kit, with Italy as our initial market. The emergency dental care
kit has been extremely well-received, and based on the initial
response of the pharmacies and other markets in Italy, we are
confident that the product will be a significant success for our
company. Additionally, we will be introducing further products
throughout the remainder of the year. We are extremely excited about
the prospects and potential of our Company as we implement our
strategic plan."
More detailed information regarding this transaction is contained
in the company's Form 8-K which is being filed with the U.S.
Securities and Exchange Commission.
About LifeHealthCare, Inc.
LifeHealthCare, Inc. ("LHC") specializes in the development and
commercialization of innovative over the counter, non-prescriptive
medical and dental care products. LHC is composed of four divisions;
CandyDent personal dental care dental lozenge, Emergency Dental Care
Kits, Ultrasonic Denture and Mouth Guard Cleansing System, and the
Comfort Foot Rest.
Forward-Looking Statements:
The Private Securities Litigation Reform Act of 1995 provides a
safe harbor for forward-looking statements made on behalf of the
Company and its subsidiaries. All such forward-looking statements are,
by necessity, only estimates of future results and actual results
achieved by the Company may differ materially from these statements
due to a number of factors. Any forward-looking statements speak only
as of the date made. Statements made in this document that are not
purely historical are forward-looking statements, including any
statements as to beliefs, plans, expectations, or intentions regarding
the future. Risk factors that may cause results to differ from
projections include, without limitation, loss of suppliers, loss of
customers, inadequate capital, competition, loss of key executives,
declining prices, and other economic factors. The Company assumes no
obligations to update these forward-looking statements to reflect
actual results, changes in assumptions or changes in other factors
affecting such statements. You should independently investigate and
fully understand all risks before making investment decisions.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES
INDUSTRY KEYWORD: HEALTH DENTAL PROFESSIONAL SERVICES BANKING FINANCE MERGER/ACQUISITION
SOURCE: Cable & Co. Worldwide, Inc.
CONTACT INFORMATION:
Porter, LeVay & Rose, Inc.
Investor Relations:
Michael Porter, or Linda Decker, 212-564-4700
or
Editorial:
Jeff Myhre, 212-564-4700
Fax: 212-244-3075
www.plrinvest.com
plrmail@plrinvest.com
or
for Cable & Co. Worldwide, Inc.
Steven Kessler, 516-539-0339
Mornin Chief, Stockz, and Team
Internal Hydro International Inc. IHDR (www.InternalHydro.com) announces that with the production of the
Energy Commander V small hydro units, selected locations in North Carolina which
were previously identified and under agreement will be the first initial
locations where the first production units will be placed. With literally tens
of thousands of locations where the 30 Kilowatt low impact hydro system can be
located across the country, IHDR chose to concentrate on areas of Western North
Carolina, for initial placement, and located numerous applications sites where
the units could be easily implemented to supply electricity on a constant basis
for the end users, or sold to the grid. The projected locations studied would
support over 70 units, on the limited sites studied in a three county area of
Western North Carolina. Each unit, with a projected $17,500 per unit annual
revenue, will cut electricity costs for the end user and create large revenues
for IHDR. With first article units to be completed and tested by the end of
April 2006, and initial production and placement of units to follow in Europe
with IHDR's EU partner, Cm2, and IHDR's domestic placement, initial production
placement is set by the end of the second quarter, 2006.
In numerous locations in the Western North Carolina area, the use of the EC V
has been identified to be superior and fit well over traditional turbines, due
to the lower and smaller amount of flow which is required to make electricity,
with less effects than turbines to the environment. Studies of a limited ten
locations show that multiple units, some as many as 40 or as little as 3 units
can be located on available natural and industrial cooling and water use streams
in the area.
"Indeed, not all locations were studied which would be available in the area; it
was simply the ones we chose to study with the owners commitment," stated Craig
A. Huffman, CEO and President of IHDR. "With the tremendous relationships
developed in the area, with the Governmental entities, and private industry,
their support of our products to come to market, I feel it is only suiting that
we use Yadkin County and surrounding areas of North Carolina to field our first
production units," continued Huffman.
An EC V energy unit in production will be able to supply a constant 30 kilowatts
of constantly available electricity in many applications at the low volumes
given by multiple end users identified by over 200 applications and interest
from potential users around North America alone.
The EC V units use the natural flows of water from dams, water pipelines,
streams and rivers, along with the multiple uses in industrial flows in
wood-pulp, chemical, lumber, mining, textile, steel production, oil refining,
utility plants, cooling systems in all such uses, and other uses defined by our
end potential users. The flows as shown available from these users mean that the
applications of the EC V will be so numerous, that the identified uses by end
users under contract and letter of intent will fill out the first year's
targeted placement. With over 500 units projected and targeted in the first year
of production for U.S. use, the domestic market will mean an ongoing production
and entry of a solid energy unit without competition using the positive
displacement system. Each unit, at a projected cost of $7,500 per unit, will
have a five to seven year life, where change out of the system will mean a down
time planned at less than thirty minutes for the complete unit changeout, the EC
V unit that will be able to use its reporting system to monitor maintenance
requirements as well as unit production via a satellite reporting system to
IHDR.
The corporate philosophy of IHDR is to have impactful dividends from its EC
operations shared with its shareholders. With combined revenue from the 1100 EC
units from both the EU and the US after one year of operations, the combined
available revenue to IHDR is projected to be $23,450,000. Additionally, IHDR is
and will entertain distributor and licensing arrangements for negotiated fees as
set by management in the near future for areas of North and South America as
well as Asia.
About Internal Hydro
Internal Hydro International, Inc. is an alternative energy company that
developed a clean energy power system, the Energy Commander Systems, which
utilizes a patented technology using waste water, fluid or gas flow from any
source where flow pressure is present, and yet wasted, to create electricity.
Internal Hydro has grown into a multi-national enterprise with international
contracts spanning over three continents. Internal Hydro is well positioned to
gain major market share and dominate the niche of hydro energy in the fragmented
alternative energy marketplace. For more information, please visit the company's
Web site at www.InternalHydro.com
Forward-Looking Statements: This release contains forward-looking statements,
which are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Expressions of future goals and similar
expressions reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive means of
identifying such statements. These forward-looking statements involve a number
of risks and uncertainties, including the timely development and market
acceptance of products and technologies, successful integration of acquisitions,
the ability to secure additional sources of financing, the ability to reduce
operating expenses and other factors. The actual results that the company
achieves may differ materially from any forward-looking statements due to such
risks and uncertainties. The company undertakes no obligations to revise or
update any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
CONTACT: Internal Hydro International Inc.
Investor Relations
William Englemen
(713) 320-3596
contact@www.InternalHydro.com
Creative Vistas, Inc., CVAS), announced today
that its subsidiary Iview Digital Video Solutions Inc. (Iview DVSI)
has signed a Product Distribution Agreement with Anixter Canada Inc.
(Anixter) (www.anixter.ca) to distribute its Iview line of highly
advanced video surveillance products and technologies to the security
market.
Anixter International (www.anixter.com), with locations in 175
cities and 40 countries, is a global leader in Supply Chain Services
and distribution of Wire, Cable, Communications and Physical Security
Products. Anixter International adds value to the distribution process
by providing its customers access to more than 185,000 products,
nearly $500 million in inventory and 142 warehouses with more than 4.4
million square feet of space. Founded in 1957 and headquartered near
Chicago, Anixter International trades on The New York Stock Exchange
under the symbol AXE.
As part of the agreement Anixter will distribute the Iview 360
panoramic camera and Iview- 360dVR. Iview-360, a breakthrough
technology for the surveillance industry, is a panoramic camera that
provides a 360 degree view of an area for complete situational
awareness. It also provides the user the ability to digitally zoom in
on any particular region within its coverage. Iview-360 provides many
virtual EPTZ (Electronic Pan Tilt Zoom) cameras to replace many
conventional cameras thus significantly reducing equipment and
installation costs. Iview-360 uses proprietary embedded intelligent
video processing technology which enables the product to work without
the requirement of a PC. Iview-360dVR is a compact Digital Video
Recorder that allows the user to record, search, and playback a 360
degree view of an area captured by the Iview-360 panoramic camera. It
also provides the user the ability to retroactively digitally pan tilt
and zoom in on any particular region within its recorded coverage. It
is an additional module to the Iview-360 panoramic camera. For further
information on Iview DVSI please visit www.iviewsolutions.com
"We are extremely pleased with the successful launch of our Iview
line of products. The partnership with Anixter to distribute the Iview
line of products and technologies is a significant development for
Iview DVSI and CVAS. Anixter provides a great network of integrators
and end users who could be users of our products," said Sayan
Navaratnam, Chief Executive Officer of Creative Vistas, Inc. "We
continue to see a significant amount of interest in our Iview family
of products and it is important to have key partners such as Anixter
to accept and embrace the technology for future success."
Creative Vistas, Inc. is a leading provider of advanced security
and surveillance products and solutions. It also provisions the
deployment and servicing of broadband technologies to the commercial
and residential market. It primarily operates through its wholly-owned
subsidiaries AC Technical Systems Ltd and Iview Digital Video
Solutions Inc, to provide integrated electronic security and
surveillance systems and technologies. It provides its systems to
various high profile clients including: Government, School Boards,
Retail Outlets, Banks, and Hospitals. The Company operates through its
subsidiary Cancable Inc. to provision the deployment of broadband
technologies to the commercial and residential market. The Company has
offices in Ontario, Canada.
Forward-Looking Statements: Statements about the Company's future
expectations, including future revenues and earnings, and all other
statements 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 the term is defined in the Private Securities Litigation
Reform Act of 1995. The Company's actual results could differ
materially from expected results for reasons described from time to
time in the Company's public filings. The Company undertakes no
obligation to update forward-looking statements to reflect
subsequently occurring events or circumstances.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES CANADA
INDUSTRY KEYWORD: TECHNOLOGY GOVERNMENT HARDWARE FEDERAL GOVERNMENT AGENCIES NETWORKS SOFTWARE TELECOMMUNICATIONS STATE/LOCAL COMMUNICATIONS CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE PRODUCT/SERVICE
SOURCE: Creative Vistas, Inc.
CONTACT INFORMATION:
Creative Vistas, Inc.
Sayan Navaratnam, 905-666-8676 (Corporate Inquiries)
or
AGORACOM Investor Relations (Investor Relations)
http://www.agoracom.com/ir/cvas
CVAS@Agoracom.com
Telzuit Medical Technologies, Inc. TZMT) (the "Company" or "Telzuit")
announced today that it has signed an agreement with Cingular Wireless, a
joint venture between AT&T Inc. (NYSE: T) and BellSouth Corporation
(NYSE: BLS), for the cellular transfer of data sent by Telzuit's Bio-Patch PDA
to the Telzuit data center. The soon-to-be-launched Bio-Patch will collect a
12-Lead ECG from the patient and transfer it to the patient's Bio-Patch PDA.
From there the proprietary PDA will then utilize Cingular's national footprint
to wirelessly transport the patient's cardiac data to the Telzuit data center
in Orlando, Florida. In addition, Telzuit signed an agreement with Asurion
Managed Wireless for the staging of Bio-Patch PDA hardware, equipment
protection and all related support. Terms of the agreements were not
disclosed.
(Photo: http://www.newscom.com/cgi-bin/prnh/20060410/NYM028 )
Warren Stowell, CEO of Telzuit, commented, "These agreements provide our
Bio-Patch platform with wireless monitoring on a national level and mark an
important step in the nationwide implementation of the Bio-Patch Wireless
Holter Monitor System. Mobile access is a critical function of our Bio-Patch
System, and partnering with a wireless company of Cingular's caliber gives us
great confidence that our patients and physicians will receive nationwide
wireless service of the highest quality."
About Telzuit Medical Technologies, Inc.
Telzuit Medical Technologies, Inc. is dedicated to providing advanced
mobile medicine for people worldwide. The company is in the final stages of
launching its first product, the FDA-approved Bio-Patch Wireless Heart
Monitor. The Bio-Patch is a full 12-lead, completely wireless Holter monitor,
which is new to the marketplace. In conjunction with its strategic partners,
Telzuit is also building its own dedicated intranet platform to handle several
of the products it will be releasing, including the Bio-Patch. Telzuit is
based in Orlando, Florida. For more information Telzuit, its business model
and its products, please visit the company's website: http://www.telzuit.com .
Forward Looking Statement: Except for factual statements made herein, the
information contained in this press release consists of forward-looking
statements that involve risks and uncertainties, including the effect of
changing economic conditions, competition within the health products industry,
customer acceptance of products, and other risks and uncertainties. Such
forward-looking statements are not guarantees of performance, and Telzuit
results could differ materially from those contained in such statements. These
forward-looking statements speak only as of the date of this release, and
Telzuit undertake no obligation to publicly update any forward-looking
statements to reflect new information, events or circumstances after the date
of this release.
Contact:
Telzuit Medical Technologies, Inc.
James Tolan
Co-Founder, Telzuit Medical Technologies, Inc.
407-354-1222
Brainerd Communicators, Inc.
Jennifer Gery (media)
Todd St.Onge (investors)
212-986-6667
SOURCE Telzuit Medical Technologies, Inc.
Contact Information:
James Tolan, Co-Founder of Telzuit Medical Technologies, Inc., +1-407-354-1222; Jennifer Gery (media) or Todd St.Onge (investors), both of Brainerd Communicators, Inc., +1-212-986-6667, for Telzuit Medical Technologies, Inc.
WebSite:
http://www.telzuit.com
Homeland Security Group International HMSG) announced today that working in conjunction with their joint venture
partner Recon Mountaineer, they have completed development of the newest
version of the Combat Utility Bag. This new version dubbed the "CUB V-1
RM/VM Pyro-Insert" was designed specifically for US Marine Corps vehicles
allowing pyrotechnics to be safely stored and deployed.
The new version of the bag was designed using specific guidance from Marine
Corps mounted infantry. The modifications enable the gunner to reach for
and fire a pyrotechnic device in the direction of a suspect vehicle without
losing his site picture with his primary weapon. This action assists the
gunner in determining a threat through escalation of force without
sacrificing the ability to engage the threat with the primary weapon system
if required.
"The CUB V-1 RM/VM has already been shipped to Iraq and we are expecting
follow-on orders from the fleet," commented Colonel Jeffrey Powers, CEO,
Homeland Security Group International. "We believe this system will be in
high demand by both Marine and Army units for all their motorized assets
involved in convoy operations. We're basing this optimism on the
enthusiastic response we received from operators who recently returned from
convoy operations in Iraq. We are continuing to respond to the immediate
needs of those currently in theater as well as those soon to deploy."
ABOUT THE COMBAT LIFESAVER AND COMBAT UTILITY BAGS
American-made and battle-tested, the Combat Trauma Bag (CTB), Combat
Utility Bag (CUB-V1), Combat Utility Bag V-1 RM/VM Pyro-Insert and Tactical
Combat Casualty Care Medical Bag (TC3-V1) are Master Designed specifically
to meet or exceed the demands and needs of first responder military field
medical personnel. The CTB and CUB-V1 are manufactured in a brand of high
quality, affordable and weatherproof 1000 denier Dupont Cordura material,
yet designed for ease of wear and versatility of use. The CTB and CUB-V1
can be worn via a padded, "sling" style shoulder strap or waist belt
system, as a standalone product or in conjunction with existing military
rucksacks or other military outer wear.
FEATURES:
-- Ergonomically contoured.
-- Secure side-squeeze locking system for shoulder strap or waist belt.
-- Designed to attach to and complement existing military field products.
-- Top and side-zippered pockets with sliders for fast and easy access.
-- Excellent American engineering.
-- Made with Cordura, an abrasion-resistant nylon material, engineered
for durability, strength, lightness and easy care.
ABOUT HOMELAND SECURITY GROUP INTERNATIONAL
Homeland Security Group International, Inc. (HMSG), (OTC: HMSG) is a
technology-based company with corporate headquarters in north county San
Diego. HMSG's mission is to develop and commercialize technology focused
on providing increased security for both civilian and military personnel
throughout the world. Under the leadership of Colonel Jeffrey A. Powers,
USMC (Retired), HMSG has assembled a portfolio of technology and services
through alliances with established defense-related companies and through
internal development that can be brought to market in a cost-efficient and
timely manner. The Company has also entered into an alliance with Recon
Mountaineer, LLC, (an Oceanside, CA.-based designer and manufacturer of
military combat gear for the United States Armed Forces). The company has
also partnered with GPS World Supply for the sale and distribution of GPS
units with exclusive Iraq and Afghanistan databases. HMSG has also
aligned itself with leading security firms to design and market
surveillance systems for homeland defense security applications.
This press release contains forward-looking statements pursuant to the
"safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. These statements include risks and uncertainties that may cause the
company's plans to change and are in no way intended to guarantee that the
company will be successful in executing its plans. HMSG's common stock
currently trades on the over-the-counter "Pink Sheets" under the symbol
"HMSG." This press release in no way constitutes any recommendation
regarding the securities of HMSG or its affiliates. Any person reading this
press release is advised that this release should be considered in light of
all facts and circumstances regarding the business and financial condition
and prospects of HMSG, and no inference is made in this release contains
all such information.
CONTACT INFORMATION:
Homeland Security Group International
Colonel Jeffrey A. Powers
858-436-2480
Email Contact
or
PMR and Associates, LLC
Patrick Rost
858-350-0409 (Investor Relations)
Email Contact
Micron Enviro Systems, Inc, MSEV is extremely pleased to announce that
Micron has added three new Alberta Oil Sands leases consisting of 4 new sections
in the world-class Athabasca Oil Sands region. Two of these new sections are
within 5 miles of Micron's existing Athabasca Oil Sand Prospect. These two new
sections are close to the existing Oil Sands leases held by Connacher Oil and
Gas's Great Divide Prospect, as well as to other major Oil Sands projects by
Devon, Encana, and Cononco Philips.
The other new Alberta Oil Sands lease acquired consists of two contiguous
sections that lie just southwest of the announced Royal Dutch Shell Plc Oil
Sands leases which they recently purchased for approximately $400 million.
The Oil Sands of Canada hold recoverable reserves of 175 billion barrels with a
proven reserve life of 480 years and another 130 billion barrels of potential
reserves, which is second only to Saudi Arabia's 262 billion barrels. As a
comparison, the United States has only 29 billion barrels of recoverable
reserves and has decreasing domestic production while their demand is increasing
by 1-2% every year. Canada is in an optimal position to supply oil to the US
with its favorable political climate, close proximity and being one of the few
non-OPEC countries which can grow its oil production.
Bernie McDougall, President of Micron stated, "This is absolutely the biggest
news Micron has ever had. To participate in the acquisition of four new sections
in the most sought after Oil and Gas region of the Alberta Oil Sands has to
clearly signal to Micron's shareholders the serious nature of our goal to build
the company through the Alberta Oil Sands. Overnight we have increased our land
holdings in the Alberta Oil Sands by over 400%. When you look at the caliber of
oil and gas companies that our new acreage is close to, you can understand our
excitement about Micron's future. Our goal is to become a mid-range oil and gas
company and we feel the best way to achieve this goal is via the acquisition and
development of the Alberta Oil Sands property."
Micron is an emerging oil and gas company that has exposure to four separate
leases in the Athabasca Oil Sands of Alberta, Canada, which is the largest Oil
Sands region in the world, and has production from multiple conventional oil and
gas wells. Micron is one of if not the smallest market capitalized companies
with exposure to multiple Alberta Oil Sands. Micron's goal is to become a junior
oil and gas producer that focuses on the exploration, discovery and delivery of
gas and oil to the North American marketplace. Micron currently has multiple
independent sources of oil and/or gas revenue from production in Canada and
Texas. Micron is presently involved in multiple oil and gas prospects, and
continues to look for additional projects that would contribute to building
Micron's market capitalization, including additional Oil Sands projects.
If you have any questions, please call Micron at (604) 646-6903. If you would
like to be added to Micron's update email list, please send an email to
info@micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates," "predicts,"
"potential" or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our industry's
actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which they are based,
are made in good faith and reflect our current judgment regarding the direction
of our business, actual results will almost always vary, sometimes materially,
from any estimates, predictions, projections, assumptions or other future
performance suggested herein. Except as required by applicable law, including
the securities laws of the United States, the Company does not intend to update
any of the forward-looking statements to conform these statements to actual
results. Readers are referred to the sections entitled "Risk Factors" in the
Company's periodic filings with the United States Securities and Exchange
Commission, which can be viewed at www.SEC.gov. For all details regarding
working interests in all of MSEV's oil and gas prospects or any previous news
releases go to the SEC website. You should independently investigate and fully
understand all risks before making investment decisions.
CONTACT: Micron Enviro Systems, Inc.
Bernie McDougall
(604) 646-6903
Fax: (604) 689-1733
ir@micronenviro.com
www.micronenviro.com
Pearl Asian Mining Industries PAIM announced today
that it has filed applications for fiscal incentives from a
Philippines government agency. The Philippines Board of Investments
(BOI) has formally advised Pearl Asian, based on the initial review of
applications and documents submitted, that the company may qualify for
BOI registration for its XYZ Gold Mine Site in Masbate Island.-Utilizing These Incentives Will Allow Pearl Asian Mining to
Import Capital Goods and Equipment Duty and Tax-Free, Which
Translates to a Reduction in Capital Investment Ranging from
15-22%, Thus Improving Profitability
Pearl Asian Mining Industries, Inc. (OTC:PAIM) announced today
that it has filed applications for fiscal incentives from a
Philippines government agency. The Philippines Board of Investments
(BOI) has formally advised Pearl Asian, based on the initial review of
applications and documents submitted, that the company may qualify for
BOI registration for its XYZ Gold Mine Site in Masbate Island. The
application also applies to our gold processing facility in Cebu
Island. This should entitle Pearl Asian to fiscal incentives under the
2005 Investments Priorities Plan, under mining and processing of
minerals. These incentives include an income tax holiday for 6 years,
which may be extended to 7 years. The importation of supplies and
equipment duty and tax-free; exempt from wharfage dues and export
taxes; tax credits on raw materials and supplies; and additional
deductions from taxable income, among others. The immediate noticeable
benefit for Pearl Asian of these incentives is the duty and tax-free
importation of goods, which would translate to a reduction in capital
investment/initial expenses ranging from 15-22%, thus improving
profitability.
These applications grant Pioneer Status to companies that locate
in under-developed areas, like Masbate Island, and those that
utilizes new technologies such as the state-of-the-art precious metal
refining plant to be set up on Pearl Asian's industrial lot in Mandaue
City, Cebu. Pearl Asian shall comply with all necessary requirements
for the registration, and has already published its first notice in
the Philippine Star, on April 9, 2006 as an additional required step.
"Pearl Asian Mining Industries is closely coordinating with the
BOI to secure registration for Pioneer Status within the month of
April, 2006," says Anthony Val Gary Gotanco, Vice-President/Business
Development and Head of the Chemical-Metallurgical Lab. He adds, "All
of our activities are being planned and executed to ensure that funds
are efficiently utilized. Especially, that we shall soon be importing
a number of equipment to be used for the mine-site and the gold
refinery. We shall ensure that profitability is maximized, as a
result." Prior to joining the company Mr. Gotanco had more than 8
years' experience dealing with government agencies involved in
granting of incentives, tariff protection, and release of imported
goods.
In a related development, the permits and licenses for the
construction of the gold refinery in Mandaue City, Cebu are already in
processed. "We are targeting start of construction of the gold
refinery and laboratory complex in June, 2006," exclaimed Mr. Gotanco.
FORWARD STATEMENTS
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to differ materially from the anticipated
results, performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements in this release
include statements regarding the Company's projections regarding gold
production in future periods. Factors that could cause actual results
to differ materially from anticipated results include risks relating
to estimates of reserves, mineral deposits and production costs;
mining and development risks. The risk of commodity price
fluctuations; political and regulatory risks; risks of obtaining
required operating permits and other risks and uncertainties. Penny
Stocks are very highly speculative and may be unsuitable for all but
very aggressive investors. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
KEYWORD: ASIA PACIFIC PHILIPPINES
INDUSTRY KEYWORD: GOVERNMENT FEDERAL STATE/LOCAL NATURAL RESOURCES ENVIRONMENT MINING/MINERALS CONTRACT/AGREEMENT PERSONNEL
SOURCE: Pearl Asian Mining Industries Inc.
CONTACT INFORMATION:
Pearl Asian Mining Industries Inc.
Gary Gotanco, +63-2-490. 0140 (Philippines)
e-mail: IR@PearlAsianMining.com
www.PearlAsianMining.com
IPCY up 100%, 1900% since december
First Petroleum & Pipeline Inc. (OTC: FPPL)
has now secured the rights to eleven Federal Oil & Gas Leases in the States
of Wyoming, New Mexico and Colorado. The Company chose these target
prospects based on proven reserves and drilling success of fellow
exploration firms in these Basin Regions. First Petroleum's goal is to now
focus on potential drill programs and development of the most promising
lease properties in its portfolio.
Some of the company's most encouraging prospects include the Powder River
Basin. Reserves of Coal Bed Methane in the Powder River Basin are estimated
at 31.8 trillion cubic feet. Nearly 100 wells are being drilled each week,
and the gas companies say the entire 8 million-acre basin could have 50,000
to 100,000 producing wells before they are finished. This is the largest
onshore natural gas play in North America within the last ten years.
The Uinta-Piceance Basin straddling the States of Colorado and Utah (with
an estimated 21 trillion cubic feet of gas and 60 million barrels of oil)
make it a prime target area as well. Nearly every major producer and
pipeline company in the U.S. is active within the State of Colorado; they
include Amoco, Conoco, and Unocal among others.
First Petroleum believes that future developments in their target regions
could give the resources necessary to build the dedicated management team
and to pursue further strategic acquisitions of proven or semi-proven
exploration targets. The Company will remain focused on this strategy.
First Petroleum and Pipeline Inc.
Headquartered in New York, First Petroleum is an independent oil and gas
exploration and development company with a focus on its Colorado, New
Mexico and Wyoming properties. The Company's goal is to apply advanced
technologies to systematically explore and develop its oil and natural gas
opportunities. First Petroleum focuses its activities where expertise can
be used efficiently to maximize returns on invested capital by reducing
drilling risk and enhancing its ability to economically grow reserves and
production volumes.
Safe Harbor for forward-looking statements
This release contains certain statements that are "forward-looking"
statements (as the term is defined in the Private Securities Litigation
Reform Act of 1995). Any such forward-looking statements are inherently
speculative and are based on currently available information, operating
plans and projections about future expectations and trends. As such, they
are subject to numerous risks and uncertainties, such as general economic
and business conditions, the ability to acquire and develop specific
projects, the ability to fund operations, and other factors over which
First Petroleum & Pipeline Inc. has little or no control. Actual results
and performance may be significantly different from expectations or trends
expressed or implied by such forward-looking statements. First Petroleum &
Pipeline Inc. expressly disclaims any obligation to update the statements
contained in this release.
Contact Information:
First Petroleum & Pipeline Inc.
Phone: 212 618 6374
Email Contact
www.firstpetroleuminc.com
Micron Enviro Systems, Inc. MSEV wishes to announce that
management is currently evaluating acquiring interests in additional Alberta Oil
Sands prospects.
Bernie McDougall, President of Micron stated, "We strongly believe that the
Alberta Oil Sands are going to be the key to the future of Micron's growth. We
are extremely excited that we are currently involved in one prospect, but we are
not content with only one. We are actively evaluating acquiring interests in
additional Alberta Oil Sands prospects and we are optimistic that we can
complete on a new prospect within the second quarter of 2006. When you couple
our Athabasca Oil Sands Prospect with the conventional drilling we are involved
in and the near all time highs of oil and gas prices, we are excited about the
potential of future growth for our shareholders. Our goal is to become a
mid-range oil and gas company and we feel by acquiring interests in the massive
Alberta Oil Sands, we are making strides in achieving this goal."
Micron recently announced its entry in the Athabasca region of Alberta, Canada,
which is the world's largest Oil Sands region. This new Oil Sands project is
located just south of Fort McMurray, Alberta, and is in close proximity to major
Oil Sands projects by Devon, Encana, and Cononco Philips. At a recent
presentation, Encana's COO stated that Encana's Christina Lake Prospect, which
is within 15 miles of Micron's new prospect, could grow to produce 250,000
barrels per day. The closest Oil Sands project adjacent to Micron's new project
is the Whitesands Project that has stated reserves of 1.3 billion barrels of oil
in place and has just initiated the start-up of a test plant.
The Oil Sands of Canada hold recoverable reserves of 175 billion barrels with a
proven reserve life of 480 years and another 130 billion barrels of potential
reserves, which is second only to Saudi Arabia's 262 billion barrels. As a
comparison, the United States has only 29 billion barrels of recoverable
reserves and has decreasing domestic production while their demand is increasing
by 1-2% every year. Canada is in an optimal position to supply oil to the U.S.
with its favorable political climate, close proximity and being one of the few
non-OPEC countries which can grow its oil production.
Micron is an emerging oil and gas company that has exposure to the Athabasca Oil
Sands of Alberta, Canada, which is the largest Oil Sands region in the world,
and has production from multiple conventional oil and gas wells. Micron is one
of if not the smallest market capitalized companies with exposure to the Alberta
Oil Sands. Micron's goal is to become a junior oil and gas producer that focuses
on the exploration, discovery and delivery of gas and oil to the North American
marketplace. Micron currently has multiple independent sources of oil and/or gas
revenue from production in Canada and Texas. Micron is presently involved in
multiple oil and gas prospects, and continues to look for additional projects
that would contribute to building Micron's market capitalization, including
additional Oil Sands projects.
If you have any questions, please call Micron at (604) 646-6903. If you would
like to be added to Micron's update email list, please send an email to
info@micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates," "predicts,"
"potential" or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our industry's
actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which they are based,
are made in good faith and reflect our current judgment regarding the direction
of our business, actual results will almost always vary, sometimes materially,
from any estimates, predictions, projections, assumptions or other future
performance suggested herein. Except as required by applicable law, including
the securities laws of the United States, the Company does not intend to update
any of the forward-looking statements to conform these statements to actual
results. Readers are referred to the sections entitled "Risk Factors" in the
Company's periodic filings with the United States Securities and Exchange
Commission, which can be viewed at www.SEC.gov. For all details regarding
working interests in all of MSEV's oil and gas prospects or any previous news
releases go to the SEC website. You should independently investigate and fully
understand all risks before making investment decisions.
CONTACT: Micron Enviro Systems, Inc.
Bernie McDougall
(604) 646-6903
Fax: (604) 689-1733
ir@micronenviro.com
www.micronenviro.com
Fidelis Energy, Inc. FDEI), today is pleased to announce the March gas production at the North Franklin
Project, Sacramento California. Production from the Company's two gas
wells, the "Archer-Whitney #1" and "Archer-Wildlands #1" totaled 92.85
Mmcf. The average daily production rate for the month of March totaled 3.0
Mmcf per day from the two wells combined.
Fidelis and partners are preparing to complete the"Archer-F-1" well in the
Winters gas reservoir and put it into immediate production. A completion
rig is now being sourced and all parties have contributed the required
funds for this operation. The well tie-in is very short to the existing gas
gathering system and pipeline. This third producing well is anticipated to
increase the daily revenue significantly since the well is expected to
produce an additional 1.5 to 2.0 Mmcf per day.
Notice Regarding 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 any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the acquisition of oil and gas
reserves, (specifically respecting new drilling and production activities
at North Franklin) any near-term production or cash flow and our ability to
become cash flow positive in the short term to allow us to re-invest
production dollars to enhance and grow company assets. Actual results could
differ from those projected in any forward-looking statements due to
numerous factors. Such factors include, among others, the numerous inherent
uncertainties associated with oil and gas exploration. These
forward-looking statements are made as of the date of this news release,
and we assume 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 annual report on Form 10-KSB
for the 2005 fiscal year, our quarterly reports on Form 10-QSB and other
periodic reports filed from time-to-time with the Securities and Exchange
Commission.
For more information, please visit our website at www.FidelisEnergy.com
ON BEHALF OF THE BOARD
Fidelis Energy Inc.
William Marshall - President
Contact:
William Marshall
Investor Relations
1-888-894-3334
NMKT Management Reviews Fiscal Year 2005 of $50.1 Million
in Revenue with $2.9 Million Profit and Probability of
Increase in 2006 Revenue Growth Forecast
NewMarket Technology, Inc. (OTCBB:NMKT) today announced a summary
of the conference call held yesterday after the market close. The well
attended call had more than 300 listeners and reached full capacity.
For all subsequent quarterly conference calls, the Company will offer
a webcast option. This conference call was recorded and will be posted
on the Company's website in its entirety next week.
On the call, the CEO, Philip Verges, and CFO, Philip J. Rauch,
reviewed the Company's 2005 financial report emphasizing improved cash
flow and cash on hand, while indicating that the improvement would
mitigate or eliminate any future use of equity to form capital or
acquire operating assets.
Other notable topics discussed on the call included:
Over the next twelve months, the Company expects to declare
dividends to shareholders in the form of stock in the spinoffs of the
System Integration, VoIP, and NewMarket China subsidiaries, with
NewMarket Technology retaining a majority equity interest.
The operational results of recently acquired UniOne in Brazil with
2005 revenue of $14 million would be consolidated for the first time
in NewMarket's financial results for First Quarter 2006 due to be
filed by May 15.
The operational results of the Company's ongoing initiative to
acquire additional "UniOne" type operating assets could result in
significant upward revisions of the Company's current 2006 forecast,
with little or no impact to the issued and outstanding.
Additionally, the operational results of the Company's recent
initiative to add Information Technology Business Process Outsourcing
(IT BPO) contracts could also result in a substantial upward revision
of the Company's current 2006 forecast, with minimal or no impact to
the issued and outstanding.
The Company will open a Chinese Software Development Center in
North America to feature the efficient high quality application
programming and maintenance services available from China within the
next few months. The Development Center will support NewMarket's sales
of IT BPO fulfilled from its operations in China.
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
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE NETWORKS SOFTWARE DIVIDEND EARNINGS CONFERENCE CALL WEBCAST
SOURCE: NewMarket Technology, Inc.
CONTACT INFORMATION:
NewMarket Technology, Inc.
Investor Relations
Rick Lutz, 404-261-1196
ir@newmarkettechnology.com
www.newmarkettechnology.com
Smart-tek Solutions, Inc. STTK) and its subsidiary, Smart-tek Communications, Inc. announced today
it is in advanced stages to introduce its RTAC-PM poultry monitoring and
containment system to officials from Romania.
"Romania has recently reported a new outbreak of the deadly H5N1 virus," said
Perry Law, President of Smart-tek Communications, Inc. "It is estimated that
there will be more than 100,000 birds culled during this latest outbreak. These
outbreaks can have a devastating impact on the Romanian economy. We believe
that our system can be a valuable tool for the Romanian government in their
fight against the deadly avian flu. We are currently in active discussions with
a licensee candidate in Romania to help market our product in the region.
Concurrently with these efforts, we are in the advanced planning stages of
preparing a demonstration of our RTAC-PM poultry monitoring and containment
system to present to various government officials."
"Our understanding of the poultry distribution cycle in Romania is such that we
believe that there is a great need for a poultry monitoring and tracking system
to be implemented at the farm level in order for government officials to track
poultry movements from the farmers to open markets," said Law. "Our RTAC-PM
system was designed for such application." It is estimated that the total
poultry inventories currently stands at 80 million.
"In Romania, we are continuing with our global strategy to sign licensing
agreements with local organizations that can help market our products with the
proper levels of government," said Law. We are in very active discussions with
an agent in Romania to become our next licensee that will serve as the liaison
with the government and facilitate implementation of the system upon final
approval by the appropriate authorities."
The system, "RTAC-PM," was designed for the livestock industry and is targeted
specifically for the poultry industry with user defined alerts that may assist
governmental agencies to monitor poultry movement. The RTAC-PM system
incorporates leading edge technology and is customized around customers'
requirements with the flexibility to adapt to various types of OEM products.
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.
CONTACT: Peter Nasca Associates, Inc.
Peter Nasca
(305) 937-1711
RSHN - RushNet Inc.:Expands Distribution Nationally and into Mexico.
By M2
Last Update: 4/7/2006 8:11:46 AM Data provided by
Blue Island, Illinois, Apr 07, 2006 (M2 PRESSWIRE via COMTEX) -- With record-setting crowds and more than 3,000 exhibits, RushNet, Inc. (Pink Sheets:RSHN.PK-News), the marketing company for Rush Beverage Co. and brand owner of e-water, was one of the most frequently attended booths at the Natural Products Expo West (NPEW) in Anaheim, CA March 24th - 26th, 2006. This year's show attracted 43,000 retail buyers, media and industry members, and showcased the top healthy food and lifestyle products for the future.
RushNet, Inc., Licensee of the highest quality Rush Ginseng Sodas, inked a new deal with the leading Ginseng Distributor in Mexico, Super Mayoreo Naturista. They will distribute Ginseng Rush, Ginseng Rush XXX and the new Rush Ginseng Cola to their several thousand accounts throughout Mexico. A 48' Container truckload order has been placed for immediate delivery.
Additionally, 3 new distributors will be placing the well-known Rush Ginseng Sodas and the new e-water into Southern California, Midwest and East Coast supermarkets and convenience stores, making the products more easily available to meet the growing demand being created by the national consumer PR campaign and investor requests.
With over 10,000 samples of e-water handed out at the NPEW show, this unique, pure spring water enhanced with over 50 electrolytes and fulvic acid, gained the thirsty attention of retailers and other show attendees. It was the talk of the show because it satiated thirst better than any other enhanced water there. Robert Corr, President of RushNet, Inc.said, "our brands are truly taking North America by storm now and five truckloads are being produced next week for shipment throughout the country." The correct link for Real-Time Pink Sheets Inside and Level 2 Quote Montage for RSHN (RushNet,Inc.)is:
http://www.pinksheets.com/quote/quote.jsp?symbol=rshn
RushNet Inc. is the licensed marketing agent for Rush Beverage Company products including Ginseng Rush , Ginseng Rush XXX and Rush Ginseng Cola. RushNet, Inc. is the brand owner of e-water.
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
CONTACT: Ms. Cristina Romeo, Christie Communications Tel: +1 805 565 4122 e-mail: cromeo@christiecomm.com
Quintek Technologies, Inc. QTEK), a global provider of Business Process Outsourcing (BPO) and
best-of-breed technology consulting services, announced today that an
action which was pending in the SUPERIOR COURT OF THE STATE OF CALIFORNIA
FOR ORANGE COUNTY against one of its competitors, a former employee and a
former officer of the company has been resolved by mutual agreement. The
settlement includes an injunction which prevents the defendants from
soliciting or initiating contact with 23 accounts until February 28, 2007.
There was no admission or acknowledgment of any wrongdoing by the
defendants in stipulating to the injunction.
The Plaintiff, Quintek Technologies, Inc., and Defendants Robert Brownell,
Chris De Lapp and Document Imaging Technologies, Inc. entered into a
stipulated injunction in the matter which provides, among other things,
that Defendants and all of their respective officers, agents,
representatives, directors, affiliates, employees, successors in interest,
and all persons acting in concert or participating with them, are
restrained and enjoined from soliciting or initiating contact with 23
clients listed in the injunction.
Additionally, the Defendants shall not use, disclose, disseminate or
publish in any manner Quintek's confidential business information and/or
trade secrets including lists of clients, candidates, information regarding
contracts or prospective Quintek contracts with clients and candidates,
computer programs, business plans and strategies, prices, job descriptions,
contracts, budgets, and similar confidential or proprietary materials or
information respecting Quintek's or its clients' or candidates' business
affairs, as well as confidential information of a personal nature of
Quintek's and its employees, managers and officers, without the prior
written consent of Quintek.
All other claims and causes of action in the above-entitled action were
dismissed with prejudice. Additional information relating to this matter
will be disclosed in the company's filings with the SEC and that can be
accessed online at the company's website or www.sec.gov.
About Quintek Technologies, Inc.
Quintek Technologies, Inc. (OTC BB: QTEK), through its wholly owned
subsidiaries Quintek Services, Inc. (QSI), and Sapphire Consulting
Services, Inc., provides services to enable Fortune 500 and Global 2000
corporations to reduce costs and maximize revenues.
QSI delivers Business Process Outsourcing (BPO) services and solutions that
enable companies to secure and manage their key data processing demands
with optimal efficiency and minimal costs. As a next-generation technology
company, Quintek is unhindered by outdated information technology systems,
and thus is able to deploy best-of-breed solutions in all aspects of BPO.
The Aberdeen Group, a provider of IT market intelligence, forecasts 13%
annual growth for the BPO industry through 2005, when the market is
projected to reach $248 billion.
Sapphire Consulting Services, Inc. offers a broad range of supply chain
management consulting services. Sapphire assists organizations to create a
higher level of customer satisfaction, enhance supply chain capability and
achieve consistent competitive advantage through reduced product cost,
reduced inventory investment and improved supply chain security. A study by
IDC found the SCM services market will expand from $26.1 billion in 2002 to
$40.5 billion in 2007, representing a five-year compound annual growth rate
(CAGR) of 9.2%.
For more information, visit http://www.quintek.com.
This press release contains forward-looking information within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), including statements regarding potential sales, the
success of the company's business, as well as statements that include the
word "believe" or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that may
cause the actual results, performance or achievements of Quintek to differ
materially from those implied or expressed by such forward-looking
statements. Such factors include, among others, the risk factors included
in Quintek's Annual Report on Form 10-KSB for the fiscal year ended June
30, 2005 and any subsequent reports filed with the SEC under the Exchange
Act. This press release speaks as of the date first set forth above and
Quintek assumes no responsibility to update the information included herein
for events occurring after the date hereof. Actual results could differ
materially from those anticipated due to factors such as the lack of
capital, inability to timely develop products or services, inability to
deliver products or services when ordered, inability of potential customers
to pay for ordered products or services, and political and economic risks
inherent in domestic and international trade.
CONTACTS:
Quintek Technologies, Inc.
Andrew Haag
Chief Financial Officer
(714) 848-7741, Ext. 14
Email Contact
Cinapsys, Inc.
Mark Moline
(760) 458-4899
Email Contact
Raven Moon Entertainment, Inc. RVMO) announced today that
its Co-Founder Bernadette DiFrancesco has signed a long term agreement
with fashion designer Skip Stewart. Skip Stewart who started his
career at Walt Disney World where he worked as a costume specialist
for 5 years under his mentor, Senior Designer and Edith Head Protege,
Bill Campbell has joined the Flaw-Less Design team.
After leaving Disney Mr. Stewart opened his own fashion design
firm and attracted big named clients like: Disney, Busch
Entertainment, Ringling Bros. and Barnum and Bailey Circus, Magic
Kingdom on Ice, and the Pan American Games. He was also was able to
increase his clientele to include the Who's Who in the world of
entertainment with clients like Celebrity Cruises, Dolly Parton,
Paramount Pictures, Sea World, Busch Gardens, Operyland, the MGM Grand
in Las Vegas and in 2002 did the Opening celebration of the 2002
Winter Olympic Games with Patti Labelle.
Skip was also hand picked by the president of Harrods Department
Store in London, Mohammed Alfyed, to design the 150th Anniversary
celebration of Harrods of Knightsbridge in London...since that
time...Skip has designed for Mr. Alfyed on several occasions including
their current Christmas show.
"Skip has been brought aboard to design swimwear for 'Ms. Bzz Swim
& Go' by reason of his creative panache," stated Bernadette
DiFrancesco. "Creating an illusion along with his flair for glamour
has always been Skip Stewart's forte." "'Ms. Bzz Swim & Go' Flaw-Less
Fashion Swimsuits will fix the problem in the lackluster swimsuit
world currently available for women over 40," stated DiFrancesco.
"We plan to create a fashion line of swimsuits that will be
manufactured to give women over 40 a flaw-less and more attractive
look," said Bernadette Difrancesco. "Because a woman's body changes as
she gets older, the Ms. Bzz Swim & Go patent-pending Flaw-less Design
swimsuit is the answer for women over 40."
Mrs. DiFrancesco said that sales of women's apparel reached $101
billion in 2005 according to a news release issued by NPD
Fashionworld, a division of NPD Group. "Baby Boomer women, which
represent about 40 million women between the ages of 42 and 60 in the
US, are the greatest market opportunity today," said Mrs. DiFrancesco.
"Baby Boomers are the largest generational demographic in our country
today and retailers are beginning to focus on their needs and wants,
particularly for the female portion of the market. But female Baby
Boomers are still under-served and I believe that there is tremendous
potential for Flaw-less Designs. Our object for the brand is to
concentrate all our energies on our target market - it will not be a
sideline or brand extension for us."
According to 2004 Wow! Quick Facts Book published by the United
States Census Bureau:
-- Women control 80 percent of household spending
-- They make up 47 percent of investors
-- Women buy 81 percent of all products and services
-- They make 81 percent of all retail purchases
-- They make up 40 percent of all business travelers
-- They make 51 percent of all travel and consumer electronics
purchases
-- They head up 40 percent of all U.S. households with incomes
over $600,000
-- They own 66 percent of all home-based businesses
For licensing information contact Janice Hamlin at (276) 632-1772
or Chris Devine Dailey at (310) 374-1081.
For information on Raven Moon Entertainment visit
www.ravenmoon.net.
Safe Harbor Act Notice: This release may contain forward-looking
statements that involve risks and uncertainties, including without
limitation, acceptance of the company's products, increased levels of
competition, product and technological changes, the company's
dependence upon financing and third- party suppliers, and other risks
detailed from time to time in the company's federal filings, annual
report, offering memorandum or prospectus. Specifications are subject
to change without notice.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: SENIORS WOMEN ENTERTAINMENT RETAIL FASHION CONSUMER PRODUCT/SERVICE
SOURCE: Raven Moon Entertainment, Inc.
CONTACT INFORMATION:
For Raven Moon Entertainment, Inc., Orlando
Fahlgren Mortine Investor Relations
Carol Merry, 614-825-1750
carol.merry@fahlgren.com
Good Morning Chief, Stockz, and Team
The Immune Response Corporation IMNR) announced
that its T-cell receptor peptide vaccine candidate, NeuroVax(TM),
induces increased FOXP3 expression resulting in re-establishment of
normal levels of the FOXP3+ regulatory T-cells believed to be
important in controlling the development of multiple sclerosis (MS).
Results of the recently completed open-label trial in MS patients were
presented yesterday by Dr. Dennis Bourdette, Oregon Health and
Sciences University (OHSU) Department of Neurology Chair, during an
oral presentation at the 58th Annual Meeting of the American Academy
of Neurology in San Diego, CA.
"NeuroVax(TM) is a promising candidate for development as a novel
vaccine for treating patients with MS," said Dr. Bourdette, who is
also a member of the Company's Scientific Advisory Board guiding the
development of NeuroVax(TM). "The TCR peptide vaccine works by
down-regulating the pathogenic T-cells causing the MS. Our clinical
findings indicate that NeuroVax(TM) induces strong, disease-specific
immune responses in essentially all the MS patients treated. The
findings indicate that an important part of the strong
disease-specific immune response induced by NeuroVax(TM) is the
stimulation of FOXP3+ regulatory T-cells. This exciting approach could
play an important role in the treatment of MS."
About the Study
This one-year open-label trial enrolled 25 patients who received
monthly injections of NeuroVax(TM). Seventeen of these were
newly-enrolled patients, and showed statistically lower baseline
levels of FOXP3+ mRNA measured by RT-PCR (p=0.03) and FOXP3 protein
expression by Western blot (p=.02) when compared with healthy
controls. Following immunization of these MS patients with
NeuroVax(TM), 14/17 patients at 52 weeks demonstrated increased FOXP3+
mRNA expression over baseline (p=0.01) and FOXP3 protein expression as
a group was also statistically increased over baseline (p=0.02). In a
number of patients, FOXP3 message and protein expression became higher
than those in healthy controls. These data indicate that a key portion
of the strong immune responses induced in patients given NeuroVax(TM)
include increases in expression of FOXP3, a marker which is associated
with the activity of CD4+CD25+ regulatory T-cells. NeuroVax(TM) thus
may be boosting an important immune regulatory network which may be
clinically beneficial for MS patients.
"These exciting findings on the regulatory mechanism of how
NeuroVax(TM) can be influencing the pathogenic T-cells causing MS,
coupled with our earlier MRI data that suggest NeuroVax(TM) may
decrease the number of total new Gadolinium enhancing lesions, are the
basis for the design of a Phase II study that will be initiated later
this year in Eastern Europe and the United States that will test the
clinical benefit of NeuroVax(TM) by assessing its effect on MRI and
relapse rates," commented Dr. Joseph O'Neill, President and Chief
Executive Officer of The Immune Response Corporation.
About Multiple Sclerosis
MS is an autoimmune disease in which the immune system mistakenly
attacks normal tissues of the central nervous system. It afflicts
approximately 400,000 people in the United States and more than 2.5
million worldwide (source: National MS Society). The disease is caused
by activation of a specific subset of the patient's own white blood
cells, pathogenic T-cells, which then attack a fatty tissue called
myelin that surrounds and protects nerve fibers and creates scarring
(sclerosis) that interferes with the normal transmission of nerve
impulses. This damage, in turn, leads to a variety of chronic and
highly individual and unpredictable neurological symptoms, ranging
from movement and balance problems to vision impairment.
Autoimmune diseases such as MS may result from the failure of
normal immune regulatory mechanisms to prevent proliferation of
pathogenic T-cells. Specifically, The Immune Response Corporation's
research indicates that MS patients have diminished levels of FOXP3
message and protein expression levels in peripheral T-cells. This
observation is the first to link a defect in functional peripheral
immunoregulation to an established genetic marker, FOXP3, which
previously has been shown to be involved in maintaining immune
tolerance and repressing the development of autoimmune diseases such
as MS.
About The Immune Response Corporation
The Immune Response Corporation (OTCBB:IMNR) is an
immuno-pharmaceutical company focused on developing products to treat
autoimmune and infectious diseases. The Company's lead immune-based
therapeutic product candidates are NeuroVax(TM) for the treatment of
MS and IR103 for the treatment of HIV infection. Both of these
therapies are in Phase II clinical development and are designed to
stimulate pathogen-specific immune responses aimed at slowing or
halting the rate of disease progression.
NeuroVax(TM), which is based on the Company's patented T-cell
receptor (TCR) peptide technology, has shown potential clinical value
in the treatment of relapsing forms of MS. NeuroVax(TM) has been shown
to stimulate strong, disease-specific cell-mediated immunity in nearly
all patients treated and appears to work by enhancing levels of FOXP3+
Treg cells that are able to down-regulate the activity of pathogenic
T-cells that cause MS. Increasing scientific findings have associated
diminished levels of FOXP3+ Treg cell responses with the pathogenesis
and progression of MS and other autoimmune diseases such as rheumatoid
arthritis (RA), psoriasis and Crohn's disease. In addition to MS, the
Company has open Investigational New Drug Applications (IND) with the
FDA for clinical evaluation of TCR peptide-based immune-based
therapies for RA and psoriasis.
IR103 is based on the Company's patented whole-inactivated virus
technology, co-invented by Dr. Jonas Salk and indicated to be safe and
immunogenic in extensive clinical studies of REMUNE(R), the Company's
first generation HIV product candidate. IR103 is a more potent
formulation that combines its whole-inactivated antigen with a
synthetic Toll-like receptor (TLR-9) agonist to create enhanced
HIV-specific immune responses. The Company is currently testing IR103
in two Phase II clinical studies as a first-line treatment for
drug-naive HIV-infected individuals not yet eligible for
antiretroviral therapy according to current medical guidelines.
NeuroVax(TM) and IR103 are in clinical development by The Immune
Response Corporation and are not approved by any regulatory agencies
in any country at this time. Please visit The Immune Response
Corporation at www.imnr.com for more information.
This news release contains forward-looking statements.
Forward-looking statements are often signaled by forms of words such
as should, could, will, might, plan, projection, forecast, expect,
guidance, potential and developing.
Actual results could vary materially from those expected due to a
variety of risk factors, including whether the Company will continue
as a going concern and successfully raise proceeds from financing
activities sufficient to fund operations and additional clinical
trials of its product candidates, the uncertainty of successful
completion of any such clinical trials, the fact that the Company has
not succeeded in commercializing any drug, the risk that its product
candidates might not prove to be effective as either a therapeutic or
preventive vaccine, whether future trials will be conducted and
whether the results of such trials will coincide with the results of
its product candidates in preclinical trials and/or earlier clinical
trials. A more extensive set of risks is set forth in The Immune
Response Corporation's SEC filings including, but not limited to, its
Annual Report on Form 10-K for the year ended December 31, 2005. The
Company undertakes no obligation to update the results of these
forward-looking statements to reflect events or circumstances after
today or to reflect the occurrence of unanticipated events.
NeuroVax(TM) is a trademark of The Immune Response Corporation.
REMUNE(R) is a registered trademark of The Immune Response
Corporation.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES
INDUSTRY KEYWORD: HEALTH AIDS BIOTECHNOLOGY INFECTIOUS DISEASES PHARMACEUTICAL RESEARCH & SCIENCE PRODUCT/SERVICE TRADE SHOW
SOURCE: The Immune Response Corporation
CONTACT INFORMATION:
The Immune Response Corporation
Michael K. Green, 760-431-7080
info@imnr.com
or
Sightline Marketing
Jennifer Quasdorf, 202-342-8415 (Media)
Jennifer@SightlineMarketing.com
or
ROI Associates
Robert Giordano, 212-495-0201 (Investors)
rgiordano@roiny.com
Thank OLICO i saw his post and went locking for it, otherwise I wouldn't have caught it,
but your welcome anyway :~)
AANI form 8-K UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 5, 2006
AMEDIA NETWORKS, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-22055 11-3223672
----------------------------- --------------------------- ----------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
2 CORBETT WAY, EATONTOWN, NEW JERSEY 07724
(Address of principal executive offices, including Zip Code)
(732) 440-1992
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
<PAGE>
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Amedia Networks, Inc. (the "Company") and Motorola Wireline Networks,
Inc. ("Motorola"), a subsidiary of Motorola, Inc., have entered in a Strategic
Alliance Agreement on April 5, 2006 (the "Strategic Alliance Agreement")
pursuant to which the Company and Motorola will jointly develop a family of
three IP Home Gateways (the "Gateway Products") that will enable customers using
Motorola's existing Multi-Service Access Platform to access IP-based services.
The Gateway Products will be exclusively distributed by Motorola under the
Motorola brand. Under the Strategic Alliance Agreement, the Company has also
granted Motorola certain rights with respect to the resale of the Company's
products as described below.
The Strategic Alliance Agreement provides that Motorola will pay to the
Company $1.9 million for engineering costs associated with the development of
the Gateway Products, approximately 32% of which is payable within 30 days of
the effective date of the agreement and the remainder of which is payable in
installments on the achievement of certain agreed upon project milestones.
Motorola is entitled to terminate the development program at any time prior to
the completion of the development of the Gateway Products and, in the event that
it does so, the Company will be entitled to retain any of the engineering costs
paid or due and owing by Motorola as of the date of termination. Upon successful
completion of all necessary testing, the Gateway Products will be manufactured
by the Company for exclusive sale to Motorola.
Under the Strategic Alliance Agreement, the Company has granted Motorola
the exclusive right to resell the Company's PG1000 and the HG-V100 gateway
products, and all derivative or substantially similar products (the "Exclusive
Products") to certain specified leading telecommunications carriers and their
affiliates (the "Exclusive Customers") for a period of 24 months from the
effective date of the agreement as part of Motorola's portfolio of broadband
wireline solutions. The exclusivity may be terminated by the Company unless,
among other things, at least one of the Exclusive Customers shall have accepted
one of the Exclusive Products for lab testing within one year of the effective
date of the Strategic Alliance Agreement and signed a contract to purchase
Exclusive Products (which is reasonably expected to result in revenue to the
Company in a specified minimum amount) within 18 months of the effective date of
the agreement; provided, however, that if these conditions are satisfied with
respect to an Exclusive Customer, then Motorola's exclusivity period for such
Exclusive Customer will be extended for an additional 24 months. At all times
the Company retains the right to sell the Exclusive Products to customers other
than the Exclusive Customers. In addition, the Company also granted Motorola the
non-exclusive right to resell all of the Company's other existing products
worldwide.
The Strategic Alliance Agreement also provides that the Company will
not, during the term of the agreement and for a period of two years thereafter,
directly or indirectly sell to or solicit or accept any order for any of its
products from any customer to which Motorola has resold a Company product during
the term of the agreement. These provisions will not apply to customers to whom
the Company made sales of products in the twelve months preceding the effective
date of the Strategic Alliance Agreement or in the event of termination of the
agreement by the Company for cause or by Motorola for convenience.
Notwithstanding the foregoing, if Motorola sources, manufactures or resells a
gateway which has substantially the same functionality as the Company's PG1000
or HG-V100 products, the exclusivity and the non-solicitation provisions
contained in the Strategic Alliance Agreement shall immediately terminate. The
Company has also agreed that the prices for its products that it charges
Motorola will be no higher than the prices that the Company charges any other
reseller, customer or entity.
The Strategic Alliance Agreement has an initial term of three years
which will automatically extend for successive additional one-year terms unless
either party gives notice of termination no less than 30 days prior to the
expiration date of the then-current term. The agreement may be terminated by
<PAGE>
Motorola at any time on 30 days notice and by either party if the other ceases
to do business in the ordinary course or defaults on its material obligations,
representations or warranties under or otherwise materially breaches the
Agreement subject, except in the case of payment failures, to a 30-day cure
period.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
None.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: April 6, 2006
/s/ Frank Galuppo
-----------------
Frank Galuppo
President and Chief Executive Officer
</TEXT>
NeoMedia Technologies, Inc. NEOM, today
announced its intention to issue a stock dividend with the
distribution of common shares of Pickups Plus, Inc. (OTC BB: PUPS), of
Cincinnati as a property dividend.
Charles T. Jensen, president and CEO of NeoMedia, said NeoMedia
plans to distribute 8,333,333 shares of Pickups Plus common stock,
which it acquired in February 2005. All NeoMedia shareholders of
record as of April 28, 2006 will be eligible for the dividend, he
said, and are expected to receive one share of registered,
free-trading Pickups Plus stock for approximately every 72 shares of
NeoMedia stock owned.
Mr. Jensen said the date of the property dividend payment will be
announced after the shares are registered for resale by Pickups Plus
with the Securities and Exchange Commission.
Prior to the dividend, NeoMedia holds 28,333,333 shares, or about
20%, of Pickups Plus common stock.
"NeoMedia is pleased to reward our loyal shareholders with this
stock property dividend," Mr. Jensen said. "Like our NeoMedia Micro
Paint Repair business unit, Pickups Plus - under the leadership of
Merritt Jesson -- has made a strong entry into the emerging auto
aftermarket in China, which is projected to be the among the biggest
in the world within two decades (Source: Tuck School of Business at
Dartmouth 04/05)."
Mr. Jesson, president of Pickups Plus, said he was "excited about
the exposure our company will be getting through this dividend.
NeoMedia has been a fast-track company and has rewarded its
shareholders with international expansion and taking a leadership
position in multiple business markets. Pickups Plus is also moving
forward, in North America and in China, and enthusiastically welcomes
and supports this move by NeoMedia."
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.
About Pickups Plus, Inc.
Pickups Plus, Inc. (OTCBB:PUPS; www.pickupsplus.com) is a retail
operator and franchiser of automotive parts and accessories stores
catering to the light truck and SUV market, with five franchised
locations in the U.S. and two company owned-stores. It markets and
distributes the ValuGard line of professional car care and
environmental protection products through its Automotive Preservation,
Inc., subsidiary to automotive dealerships for new vehicle
preparation, as well to detailing shops and automotive specialty
stores.
This press release contains forward-looking statements within the
meaning of section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. With the exception of
historical information contained herein, the matters discussed in this
press release involve risk and uncertainties. Actual results could
differ materially from those expressed in any forward-looking
statement.
KEYWORD: EUROPE NORTH AMERICA FLORIDA UNITED KINGDOM UNITED STATES CANADA GERMANY
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE AFTERMARKET CONSUMER & GENERAL INTEREST RECREATIONAL VEHICLES DIVIDEND
SOURCE: NeoMedia Technologies, Inc.
CONTACT INFORMATION:
NeoMedia Technologies, Inc.
David A. Dodge, +239-337-3434
or
The Kaminer Group
David A. Kaminer, +1 914-684-1934
dkaminer@kamgrp.com
TRGD - Columbia Metals Corporation Limited (TSX VENTURE:COL)("Columbia") and Tara Gold Resources Corp. (OTCBB: TRGD)("Tara Gold") are pleased to announce the following:
(i) Columbia has entered into a binding letter of intent ("LOI") with Tara Gold to acquire all mining, surface and water rights and all assets of the Lluvia de Oro gold property, more particularly set out below (the "Lluvia Property") from Tara Gold, the optionee and Atotonilco Contrucciones, S.A. de C.V. of Mexico (the "Vendor");
(ii) Columbia and Tara Gold agree to use their best efforts to enter into a definitive agreement by April 30, 2006;
(iii) Tara Gold agrees to deliver to Columbia a full and final release in respect of the Vendor's claims and any other outstanding liens on the Lluvia Property;
(iv) Columbia has paid Tara Gold US$150,000 upon signing of the LOI and agrees to make further payments of US$4,337,500 by December 1, 2008;
(v) Columbia will acquire all interests in and to the Lluvia Property upon making the final payment to Tara Gold;
(vi) Tara Gold will receive a 20% net cash flow interest ("NCF") in the Lluvia Property, however Columbia will have a right to purchase all of Tara Gold's NCF interest in the Lluvia Property for a period of 24 months from the date of approval of this transaction by the TSX Venture Exchange, for a payment of US$250,000 for each 1% for a total of US$5,000,000 for all of Tara Gold's NCF interest in the Lluvia Property.
The Lluvia Property is located in Sonora, Mexico, and is comprised of the following four mineral claims:
---------------------------------------------------------------------
N Lot Title File Surface Type of Location Sub-
deg- Num- Num- Concession Agency
rees ber ber
---------------------------------------------------------------------
I Lluvia 192050 321.1/ 5.5317 Exploi- Magdalena, Hermosillo,
de Oro 4-746 Hectares tation Sonora Sonora
---------------------------------------------------------------------
II Lluvia 195124 321.1/ 100 Exploi- Magdalena, Hermosillo,
de Oro 4-581 Hectares tation Sonora Sonora
N deg-
rees 2
---------------------------------------------------------------------
III Sahuara, 201469 4/1.3/ 479 Exploi- Magdalena, Hermosillo,
I "A" 1161 Hectares tation Sonora Sonora
---------------------------------------------------------------------
IV Sahuara, 210805 4/1.3/ 4.4684 Exploi- Magdalena, Hermosillo,
I Dos 1301 Hectares tation Sonora Sonora
---------------------------------------------------------------------
Upon completion of the acquisition of the Lluvia Property, Columbia will control the contiguous mineral rights to some 60 square kilometres in the immediate vicinity of the deposit.
Mine History
Located in the state of Sonora, in northern Mexico, Lluvia de Oro was designed as a large tonnage, low-grade gold operation. The property currently includes one open pit, two heap leach pads and a gold recovery plant. Under Great Lakes Minerals Inc. the facility entered into production in May 1996, and was later operated by Santa Cruz Gold Inc. ("Santa Cruz") and finally by Compania Minera Lluvia de Oro S.A. de C.V.
The mine had an anticipated average production rate of 25,000 ounces per year from an initial reserve of 4.6 million tonnes grading 0.82g Au/t or 121,000 ounces. Santa Cruz had projected that the life-of-mine cash costs for the Lluvia de Oro Gold Mine would be in the range of US$235 per ounce.
Mining & Exploration
During 1997, 1.65 million tonnes of ore, with an average grade of 0.75g Au/t were mined and placed on the pad at an average cash cost of US$3.76 per tonne. As a result of El Nino, the project area received twice the average annual rainfall. Production for 1997 was 20,688 ounces versus the projected 25,000 ounces. Cash costs averaged US$299 per ounce, which was US$79 higher than the projected US$220 per ounce. The cash cost overrun was not only due to the shortfall in production but also due to increased mining (an extra 320,000 tonnes of ore were placed on the heap in an attempt to offset the negative impact of the excess rains).
Santa Cruz completed a drilling program in the 2nd quarter 1997 successfully expanding the existing proven reserves(a) by more than 60%. This 6,100 metre drill program was successful in adding 2.1 million tonnes grading 0.81g Au/t or 54,400 oz. Additional lower grading material, which may be mined and leached later in the mine life, added another 9,500 oz for a total of 64,000 oz. These reserves were defined along 300 metres of strike from the limit of the current open-pit.
The new reserves(a) increased the proven reserves(a) to 4.7million tonnes grading 0.81g Au/t, representing an increase of 64%. In addition to adding mine life to the operation, the reserves discovered in 1997 allowed for an increase in production scheduled for 1998 to approximately 28,000 ounces.
Drilling delineated an additional higher-grade resource(a) of approximately 4.5 million tonnes grading 0.95g Au/t along the same structure. Highlights from the drill program include three holes, all of which ended in "ore" and appear to have intersected a deeper, higher grading zone. These holes include:
hole L188, located approximately 60 metres on strike from the pit
limits, which intersected 15.2 metres grading 2.3g Au/t;
hole L194, on the next section, intersected 19.8 metres grading
1.8g Au/t; and
hole L202, approximately 200 metres from the current pit along
strike, intersected 7.6 metres grading 3.8g Au/t.
A deeper drilling program comprised of six holes was completed in the 3rd quarter 1997. Four of the six holes intersected good values including hole L239 which intersected 30 metres grading 1.5g Au/t, hole L240 which intersected 14 metres grading 1.62g Au/t, hole L241 which intersected 39 metres grading 2.29g Au/t and hole L242 which intersected 18 metres grading 1.33g Au/t.
The Company is currently in the process of conducting due diligence on the Lluvia de Oro gold mine and our engineering team is reviewing options for re-initiating mining, production, rinsing the leach pad and heap leach processing. Columbia will now commence a National Instrument 43-101 qualifying report on the Lluvia Property.
(a)The terms reserve and resource are as reported by Santa Cruz and do not necessarily conform to NI 43-101 standards.
Cautionary Note: The tonnages, grades, assays, drill intercepts, production figures and other technical data are taken from historical records prior to the implementation of NI 43-101. While the data is believed to have been acquired, processed and disclosed by persons believed to be technically competent it is unverifiable at present. The data source for the Lluvia de Oro is largely the 1997 Annual Report of Santa Cruz Gold Inc.
A qualified person as defined under NI 43-101 has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Columbia is not treating the historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and the historical estimate should not be relied upon.
This press release was prepared by J. E. Steers, P. Eng. VP Exploration, Columbia Metals Corporation Limited.
Forward-Looking Statements: Except for statements of historical fact, all statements in this new release - including without limiting, statements regarding future plans, objectives and payments are forward-looking statements that involve various risks and uncertainties.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Columbia Metals Corporation Limited
Carl Di Placido
President
(416) 364-6799
Tara Gold Resources Corp.
Francis R. Biscan Jr.
President
(630) 462-2079
Starboy the date of the post is the date of the news, i don't post old news unless i indicate it's old news
Smart-tek Solutions, Inc.
(OTCBB:STTK) and its subsidiary, Smart-tek Communications, Inc., wish to
announce today the following update for its shareholders.
"The past few weeks have been very exciting period in our company's short
history," said Perry Law, president of Smart-tek Communications. "However we
find ourselves in a situation that lends itself to that old saying 'A whale is
only harpooned until it spouts.' As a result, there has been a great deal of
conjecture about Smart-tek, our financial strength and its ability to bring its
RTAC-PM Bird Flu containment and monitoring System to fruition.
One of those harpoons came most recently from an independent and unregulated
website called stocklemon.com which posted a host of inaccurate and blatant
falsehoods about our company. In fact, we believe the postings were timed in
connection with short position holders and market manipulators.
Unlike our company which is held to strict accountability by the Securities and
Exchange Commission and the Over the Counter Bulletin Board, sites such as this
work in an atmosphere free of any constraints. As a result, the only recourse we
have is to vigorously seek legal action against them for these erroneous and
unsubstantiated postings.
We recently had to deal with similar accusations about the efficacy of our
proprietary RTAC-PM system from an alleged competitor. As a result, we have also
brought the matter to our legal counsel to address this very serious issue.
Should these actions continue we will have no other alternative but to seek full
financial and legal recourse against the offending company.
Certainly it is most disturbing that at time when we should be totally focused
on the implementation of our system which can truly benefit mankind, we find
ourselves distracted and dealing with issues that have no substantive value.
Therefore we want to ally any concerns our shareholders may have had as the
result of any rumors or innuendo.
Questions have been raised about the existence of our technology. We would like
to assure our shareholders that our technology does exist and a brief video
synopsis of our demonstration in China has been available on our website since
Monday, April 3, 2006. Our technology has been developed using already available
RFID hardware and adding our own proprietary software to it. As a security
company, we have been exposed to RFID technology as it is a tool that is
commonly used in the security industry.
As for our financial stability, we have been meeting our obligations as they
have become due and as has been disclosed, we continue to add to our portfolio
of projects in the mixed residential/commercial sector of our business.
Furthermore, as disclosed in our form 10-QSB for the quarter ended December 31,
2006, our total contract backlog was approximately $3,562,468, which represents
the value of contracts that have been awarded and that have not yet been
completed. Based on our estimates, we now believe that number is approximately
$5,000,000.
Our recently announced $5,000,000 order from China certainly will have a
significant positive impact on the Company's financial status. This order
represents the launch of our new business sector that has a tremendous potential
to further strengthen our business.
Obviously, we understand your concerns and we want to assure our shareholders
that we are working vigorously to achieve our lofty goals of providing a viable
solution to a potentially grave international healthcare issue."
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.
CONTACT: Peter Nasca Associates, Inc.
Peter Nasca
305-937-1711
INNOTELCO, Inc. ILCO), a marketer and
distributor of telecom hardware is ready to launch new look for their
website.
INNOTELCO management, in an effort to provide much better communication
with shareholders has decided to make the new site more interactive and
open for users. The company expects the site to be available no later than
Monday, April 10, 2006. To ensure that the new website functions as
smoothly as possible, management has decided to launch the new site on
www.innotelco.net, until such time as the transfer of the domain host for
Innotelco.com site is processed, so we will have our website on two domain
names over the next period.
Management decided on this because of their willingness to take this
important step for better recognition of the company in cyber space.
Management is planning for the website to be a place where you may attain
relevant information on command, as well as the best place where you may
leave comments and suggestions. We encourage you to share your suggestions
with management, and we will make every effort to justify the confidence,
which has been put into the company. During the first days of transition
some malfunctions may occur, and if you receive returned mail from
contact@innotelco.com, please resend you mail to contact@innotelco.net.
"We also believe that the new site will allow management an opportunity to
provide information in a more timely manner to shareholders," said Radomir
Popovic, Vice President, Sales and Marketing.
As well, "Due to our latest successful negotiations in Europe and the
Balkan region we are close to providing not only good financing options,
but additional contracts, which will provide necessary financial support
for fulfilling already signed contracts. We believe that this will
establish INNOTELCO as a company with the capability for fulfilling bigger
contracts then those that we already have."
Management appreciates the patience and trust of shareholders during this
period of transition.
"INNOTELCO -- Building Bridges for Communication"
About INNOTELCO, Inc.
INNOTELCO is a telecom hardware supplier, specializing in servicing
emerging markets looking to expand their telecommunications networks.
INNOTELCO products range from indoor and outdoor coaxial cables and
accessories to fibre optics and switching equipment.
Safe Harbor Statement
This press release contains forward-looking statements as defined in the
Securities Litigation Improvements Act of 1996. The words "believe,"
"expect," "estimate," "project" and similar expressions define
forward-looking statements, which speak only as of the date the statement
was made. INNOTELCO, Inc. undertakes no obligation to publicly update or
revise any forward-looking statements, whether because of new information,
future events or otherwise. Forward-looking statements are currently
subject to risks and uncertainties, some of which cannot be predicted or
quantified. Future events and actual results could differ materially from
those set forth in, contemplated in, or underlying the forward-looking
statements. The risks and uncertainties to which forward-looking statements
are subject include, but are not limited to, the Company's ability to meet
its projected growth, the effects of government regulation, competition and
other material risks.
Contact:
INNOTELCO, Inc.
Ross Sehovic
416-259-8444
Website: www.innotelco.net
www.innotelco.biz
SoftNet Technology Corp. (OTCBB Symbol: STTC) (German
WKN#: A0B7RZ) is pleased to announce that they have expanded the
number of Information Technology Consultants/Professionals and
in-house employees from approximately 26 to over 50 in just the 3
months of 2006.
Revenue if combined for Inspara and SoftNet was approximately
$300,000 during the month of December 2005. Revenue for SoftNet in
March of 2006 was approximately $500,000. Growth in the 1st quarter
was very strong even in the face of the transition and combining of
companies and management teams. With a more organized and focused
management team now in place, SoftNet should see even stronger growth
heading into the second Quarter.
"Kevin Holt and his management team truly are special," said Mr.
James M. Farinella, CEO of SoftNet Technology. "STTC experienced
significant growth and developed self sufficiency here in the first
quarter of 2006. This is a testament to the great organizational and
operational skills of the current team. The exciting part is that we
should see sales accelerate even further in the second quarter."
Please visit our website at www.softnettechnology.com for more
information or for Investor Relations, please contact the company
directly at 866-898-4842 (local 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a
safe harbor for forward-looking statements made on behalf of the
company. All such forward-looking statements are, by necessity, only
estimates of future results and actual results achieved by SoftNet
Technology Corp (STTC) may differ materially from these statements due
to a number of factors. STTC assumes no obligations to update these
forward-looking statements to reflect actual results, changes in
assumptions or changes in other factors affecting such statements. You
should independently investigate and fully understand all risks before
making investment decisions.
KEYWORD: EUROPE NORTH AMERICA NEW JERSEY UNITED STATES GERMANY
INDUSTRY KEYWORD: TECHNOLOGY ELECTRONIC DESIGN AUTOMATION HARDWARE INTERNET NETWORKS SOFTWARE PROFESSIONAL SERVICES CONSULTING
SOURCE: SoftNet Technology Corp.
CONTACT INFORMATION:
SoftNet Technology Corp.
James M. Farinella, 866-898-4842 or 908-204-9911
www.softnettechnology.com
Cyberlux Corporation CYBL) announced that the Company has
received the first order for its WatchDog Portable Covert Illumination System
from the United States Air Force. In addition, the Company has verified its
order processing and small order manufacturing and distribution processes that
will support single unit and small system order quantity delivery.
The WatchDog advanced solid-state LED security lighting system was
developed by Cyberlux in conjunction with the Air Mobility Battlelab for the
United States Air Force. The first order was placed by the Air Mobility
Battlelab, and the WatchDog unit was shipped to Fort Dix Air Force Base for
use within the USAF Air Mobility Command. Cyberlux was able to receive the
order and ship the WatchDog unit within five days.
"Receiving and shipping our first WatchDog order is another important
milestone for Cyberlux Corporation, and continues our progress in becoming a
leader in solid-state lighting innovation. Our ability to meet the USAF
requirements for advanced lighting systems now includes processing orders with
Government Purchase Card payment and small order system manufacturing and
distribution," said Mark Schmidt, president and chief operating officer for
Cyberlux. "The WatchDog solid-state lighting technology is well-suited for
other military applications, and the first USAF order is a significant
milestone in the development of the Company's military business unit."
Cyberlux was one of 26 competing companies to submit proposals to develop
a lightweight, portable lighting system for both visible lighting and infrared
lighting compatible with night vision goggles. Cyberlux was selected during
the USAF competitive review process to develop the Portable Covert
Illumination System, which weighs less than 50 pounds, including batteries.
The system can easily be carried to remote locations and deployed quickly, and
with highly efficient LED technology, the system can provide lighting for
several days with a single battery charge.
About Cyberlux Corporation
Cyberlux Corporation (OTC Bulletin Board: CYBL) has created breakthrough
LED lighting technology that provides the most energy efficient and cost
effective lighting solutions available today for consumer, commercial and
military uses. The ReliaBright products are designed to address emergencies
such as power outages or critical security lighting needs. The Aeon products
bring the newly developed, virtually heatless light into the home for use in
closets, cabinet interiors and under cabinet lighting for kitchen counters.
The Military and Homeland Security products deliver unique, covert, and
advanced visible lighting capability for threat detection, and force and asset
protection leveraging the inherent advantages of LED solid-state lighting to
provide lightweight, portable, energy efficient and durable product solutions.
Cyberlux uses solid-state semiconductors, trademarked as its diodal(tm)
lighting elements, which consume more than 75% less energy than incandescent
lighting elements and perform for over 20 years in contrast to 750 hours for
conventional bulbs. For more information, please visit
http://www.cyberlux.com.
Media Contact
Scott Yates, Largemouth Communications for Cyberlux
919-649-6621 / scott@largemouthpr.com
This news release contains forward-looking statements. Actual results
could vary materially from those expected due to a variety of risk factors.
The Company's business is subject to significant risks and uncertainties
discussed more thoroughly in Cyberlux Corporation's SEC filings, including but
not limited to its report on Form 10-KSB for the year ended December 31, 2004
and its 10-QSB for the quarter ended June 30, 2005. The Company undertakes no
obligation to publicly release the result of any revisions to these forward-
looking statements, which may be made to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.
SOURCE Cyberlux Corporation
Contact Information:
Scott Yates of Largemouth Communications for Cyberlux, +1-919-649-6621, or scott@largemouthpr.com
WebSite:
http://www.cyberlux.com/
Fellows Energy Ltd. FLWE) announced today that it has commenced daily production from the four pay
horizons in the first well in the Creston project. Initial production
of oil and gas is being attained while the workover fluids are
simultaneously being removed from the well bore. Oil and gas
production is derived from the Wasatch, Wasatch/Green River
Transition, Lower Green River and Upper Green River formations.
Stabilized oil and gas production rates had not yet been reached as of
the time of this press release. It is anticipated that the well will
reach stabilized production levels within 7 to 10 days. Previously
indicated daily production potential in all four horizons was
estimated at 206-216 gross BOE per day, although no assurances can be
given that such levels of production will be achieved.
Gas transportation and sales facilities have been installed and a
gas sales contract is in place. Oil will be sold at the wellhead on a
weekly basis into tanker trucks from storage tanks installed at the
site. Evaluation of the next wells to be returned to production in the
ongoing program continues concurrently.
The well is the first of an up to 45-well reworking program
predominantly located in the Altamont-Bluebell Field, which
historically has produced over 350 million barrels of oil equivalent.
Due to the over-pressured, fractured nature of the reservoir in the
field, as well as the large vertical extent of potential pay zones,
many of the wells have formation damage resulting from traditional
completion methods. Fellows plans to employ a strategic mix of
conventional and innovative proprietary techniques to attempt to
reduce or reverse the effects of formation damage and achieve oil and
gas recovery.
Production of natural gas also continues from the
recently acquired Carbon County Project. Fellows is planning a
reworking program on one of the producing wells and one of the shut-in
wells along with its partner, MBA Resource Corporation, which will be
the first in many steps aimed at achieving sharp production increases.
Fellows management believes that this work has the potential to
increase the production of the subject wells by as much as ten times
or more. An independent engineering report indicates excellent
potential for outstanding production from wells on the project's
undrilled acreage. Consequently, a plan for drilling up to 20
additional wells in the project area is presently being considered.
Gas is marketed and sold through the project's gathering and
compression system into the transmission pipeline of Questar Gas
Resources that crosses the project acreage.
Fellows president George Young said: "The new production from our
Creston Project marks a significant point in our progress in
generating cash flow, and gives us a second producing project, along
with the Carbon County project, and a balance of oil and gas
production. We are focusing our current efforts as a company on
developing additional cash flow on both projects, and anticipate
ongoing increases to production and cash flow with each aspect of work
we complete."
About Fellows
Fellows combines a seasoned management team with exploration
targets focusing on coal bed methane, shallow gas and oil and gas
potential.
Management hopes these transactions will bring additional value to
the shareholders of Fellows Energy. There is no guarantee that the
operations described in this press release or on any other projects in
which the Company has an interest will be successful or increase the
value of Fellows' common stock. This press release may contain
forward-looking information within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934, and is subject to the safe harbor created by those sections.
There are many factors that could cause our expectations and beliefs
about our plans to acquire additional exploration properties, our
plans to drill or our drilling results to fail to materialize:
competition for new acquisitions; availability of capital; unfavorable
geologic conditions; the complexity of oil, gas, and coal bed methane
exploration and production; and prevailing prices for oil and natural
gas and general regional economic conditions. Fellows assumes no
obligation to update the information contained in this press release.
KEYWORD: NORTH AMERICA COLORADO UNITED STATES
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Fellows Energy Ltd.
CONTACT INFORMATION:
Fellows Energy Ltd.
George S. Young, 303-926-4415
Investor Relations, 888-819-7908