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TDGI NEWS --
PARK CITY, UT, Jan 25, 2010 (MARKETWIRE via COMTEX) -- Sundance Film
Festival
-- Hannover House, the entertainment distribution division of Target
Development
Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com,
www.HannoverHouse.com), has closed its first acquisition agreement at
the
Sundance Film Festival, and is moving towards closure on three
additional
titles, reports company C.E.O. Eric Parkinson.
"Edgar Allen Poe's Requiem For The Dead," from producer Robert Tinnell's
Allegheny Image Factory, is the first title bought by Hannover House
during
Sundance. The company plans to market the PG-13 level thriller as a
hybrid
release, appealing to both horror audiences and fans of Poe's classic
literature. Previous feature films from Producer-Director Tinnell
include
"Believe" starring Elisha Cuthbert, "Airspeed" starring Joe Mantegna and
"Kids
of the Roundtable" starring Malcolm McDowell.
Hannover is also pursuing several high-profile theatrical titles at the
Sundance
Festival. "The Company Men" starring Ben Affleck, Tommy Lee Jones, Chris
Cooper
and Kevin Costner, directed by John Wells, is one of Hannover's top
targets and
negotiations have commenced with C.A.A., the agency representing the
film.
Hannover is also looking closely at acquisition opportunities for the
Joel
Schumacher drama "Twelve," starring Emma Roberts, Chase Crawford and 50
Cent, as
well as two features represented by Cinetic Media, the thriller "Holy
Rollers"
(starring Jesse Eisenberg and Justin Bartha) and the drama "The Kids Are
All
Right" (starring Julianne Moore, Annette Bening and Mark Ruffalo).
"These are just a few of the titles we are looking at for possible
acquisition,"
said Parkinson. "We're impressed with the selection of theatrical
quality films
at Sundance this year, and feel confident that we'll prevail in our
pursuit of
several major acquisitions."
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within
the
meaning of Sections 27A & 21E of the amended Securities and Exchange
Acts of
1933-34, which are intended to be covered by the safe harbors created
thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there can be
no
assurance that these statements included in this press release will
prove
accurate.
For more information on Target Development Group, Inc. and Hannover
House,
contact:
Eric Parkinson
CEO
Hannover House
818-481-5277
Email Contact
SOURCE: Target Development Group, Inc.
CONTACT:
http://www2.marketwire.com/mw/emailprcntct?id=663B17E3DE4D8B11
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Media and Entertainment:Movies
Financial Services:Investment Services and Trading
Source: Comtex Wall Street News
NEWS --
PARK CITY, UT, Jan 25, 2010 (MARKETWIRE via COMTEX) -- Sundance Film
Festival
-- Hannover House, the entertainment distribution division of Target
Development
Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com,
www.HannoverHouse.com), has closed its first acquisition agreement at
the
Sundance Film Festival, and is moving towards closure on three
additional
titles, reports company C.E.O. Eric Parkinson.
"Edgar Allen Poe's Requiem For The Dead," from producer Robert Tinnell's
Allegheny Image Factory, is the first title bought by Hannover House
during
Sundance. The company plans to market the PG-13 level thriller as a
hybrid
release, appealing to both horror audiences and fans of Poe's classic
literature. Previous feature films from Producer-Director Tinnell
include
"Believe" starring Elisha Cuthbert, "Airspeed" starring Joe Mantegna and
"Kids
of the Roundtable" starring Malcolm McDowell.
Hannover is also pursuing several high-profile theatrical titles at the
Sundance
Festival. "The Company Men" starring Ben Affleck, Tommy Lee Jones, Chris
Cooper
and Kevin Costner, directed by John Wells, is one of Hannover's top
targets and
negotiations have commenced with C.A.A., the agency representing the
film.
Hannover is also looking closely at acquisition opportunities for the
Joel
Schumacher drama "Twelve," starring Emma Roberts, Chase Crawford and 50
Cent, as
well as two features represented by Cinetic Media, the thriller "Holy
Rollers"
(starring Jesse Eisenberg and Justin Bartha) and the drama "The Kids Are
All
Right" (starring Julianne Moore, Annette Bening and Mark Ruffalo).
"These are just a few of the titles we are looking at for possible
acquisition,"
said Parkinson. "We're impressed with the selection of theatrical
quality films
at Sundance this year, and feel confident that we'll prevail in our
pursuit of
several major acquisitions."
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within
the
meaning of Sections 27A & 21E of the amended Securities and Exchange
Acts of
1933-34, which are intended to be covered by the safe harbors created
thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there can be
no
assurance that these statements included in this press release will
prove
accurate.
For more information on Target Development Group, Inc. and Hannover
House,
contact:
Eric Parkinson
CEO
Hannover House
818-481-5277
Email Contact
SOURCE: Target Development Group, Inc.
CONTACT:
http://www2.marketwire.com/mw/emailprcntct?id=663B17E3DE4D8B11
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Media and Entertainment:Movies
Financial Services:Investment Services and Trading
Source: Comtex Wall Street News
NEWS --
DANVILLE, CA, Jan 25, 2010 (MARKETWIRE via COMTEX) -- S3 Investment
Company,
Inc. (PINKSHEETS: SIVC) today announced the current stock holdings of
its wholly
owned Redwood Capital subsidiary, which appear on the company's
consolidated
financial reports that are posted on the Pink Sheets OTC Disclosure and
News
Service. The totals include all common stock shares currently held,
regardless
of whether they are currently free trading. The value of those shares
fluctuate
based on the daily trading price of each respective stock.
Redwood Capital assists private Chinese companies in accessing the North
American capital markets by utilizing a network of investment banking
relationships to achieve reverse merger transactions and in accessing
additional
funding through equity offerings. As part of the compensation for its
services,
Redwood Capital receives client company stock, which forms the basis for
the
company's asset portfolio.
As of S3's last filed financial report, for the period ended September
30, 2009,
the majority of Redwood Capital's holdings were in the form of the
common stock
of three recent client companies, Energroup Holdings Corporation, listed
on the
Over-the-Counter Bulletin Board under the symbol ENHD; Boyuan
Construction
Group, listed on Canada's TSX Venture Exchange under the symbol BOY; and
China
Infrastructure Construction Corporation, listed on the Over-the-Counter
Bulletin
Board under the symbol CHNC.
The ENHD position of 327,278 shares has a current value of $1,112,745.20
based
on the closing price of $3.40 on Friday, January 22, 2010.
The BOY position of 691,203 shares has a current value of $2,267,145.84
based on
the closing price of $3.28 on Friday, January 22, 2010.
The CHNC position of 92,468 shares has a current value of 559,431.40
based on
the closing price of $6.05 on Friday, January 22, 2010. CHNC recently
traded as
high as $7.50, which would put the value of the position at almost
$700,000.
Taken together, the total value of these stock positions was
approximately $4
million, as of the close of trading on Friday, January 22, 2010.
"Despite very challenging market conditions in 2009, Redwood Capital was
able to
participate in the close of two additional client transactions, adding
significant value to its stock holdings," stated S3 Investment Company
Chairman
and CEO Jim Bickel. "No one has to wonder if the S3 business model is
working --
the proof is in the value of the assets held by Redwood Capital, and as
additional client transactions are closed, we expect the asset value to
continue
to grow. While the value of the holdings will change based on trading
price of
the client's stock on any given day, we believe that all of our recent
clients
are strong companies that will continue to grow as they did in 2009. As
they
reach their respective operations milestones and their revenues
increase, the
value of our holdings may become even more valuable."
"The asset value already shown on our consolidated financials, as well
as the
value we expect to be created in our Redwood Medical subsidiary, forms
the basis
for a legitimate per share valuation for S3 stock, which we believe
would be
significantly higher than where our stock currently trades," Mr. Bickel
added.
As noted in S3's financials posted at www.pinksheets.com, a portion of
the
Redwood Capital stock holdings may be used as collateral or otherwise
committed.
These shares will continue to be owned by the company until they are
required to
be surrendered in lieu of cash or other compensation. For more details,
please
see the financial filings.
To sign up to receive information by email directly from S3 Investment
Company
when new press releases, investor newsletters, SEC filings or other
information
is disclosed, please visit http://www.s3investments.com/investors/.
About S3 Investment Company, Inc.
S3 Investment Company, Inc. (http://www.s3investments.com) and its
Redwood Group
International subsidiary are focused on facilitating the success of two
subsidiaries operating in the China market. Redwood Capital, Inc.
assists
private Chinese companies in accessing the North American capital
markets by
utilizing a network of investment banking relationships to achieve
reverse
merger transactions. For more information, please visit
http://www.redwoodcapinc.com. Redwood Medical, Inc. assists companies
seeking to
import and distribute Western medical technologies and products into the
China
market.
Any statements contained herein related to future events are
forward-looking
statements and are made pursuant to the safe harbor provisions of the
Private
Securities Litigation Reform Act of 1995. Readers are cautioned not to
place
undue reliance on forward-looking statements. S3 Investment Company,
Inc.
undertakes no obligation to update any such statements to reflect actual
events.
Contacts:
For S3 Investment Company
Gemini Financial Communications, Inc.
951-200-4107
Email Contact
SOURCE: S3 Investment Company
CONTACT:
http://www2.marketwire.com/mw/emailprcntct?id=B90ED8E938C71623
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Financial Services:Commercial and Investment Banking
Financial Services:Venture Capital
Pharmaceuticals and Biotech:Equipment and Supplies
Medical and Healthcare:Surgery and Treatments
Medical and Healthcare:Medical Devices
Source: Comtex Wall Street News
That's the way to do it.
I've been waiting for the other shoe to drop (Commercial Real Estate) for over a year and now (or very soon) very well might be the time. I'm not prone to conspiracy theories but I gotta say that it seemed like a whole lot of propping up was being done in the CRE sector over the past year. Things like Simon Properties (SPG) announcing a dilutive offering and the pps going up the same day after Goldman Sachs upgraded it! Weird stuff. I also believe that GS and others were doing a whole lot of EOD tape painting last year. Maybe that's coming to an end.
If what you say is true (and I think there's a very good chance that it is) the SRS I still hold from somewhat higher and FAZ from much too much higher might come back just like many of the Pinky stuckholders I had come back in 2009. Ain't no better feeling than a stuckholder coming back into profit! Well, maybe there a few other feelings that are better, but the healed stuckholder feeling's a good one nonetheless. ;)
My warning still holds, though, about 2x and especially 3x ETFs - they are meant for daytrading and swing wildly throughout the day when they're on the move. The Biggies are using them as daily hedges and their algo and hi-freq traders can produce a heck of a rollercoaster ride. A dose of dramamine before entering a leveraged ETF might be in order.
I agree but, man, SRS can have some mighty intraday swings that seemingly come out of nowhere. It has a habit of falling off a cliff every so often (and I've fallen with it a few times). As they used to say on Hill Street Blues, "Be careful out there, people!"
And, btw, Go Vikings!
I am honored as well, Ely. And I agree that Rain's board is the best on iHub. Onward in 2010!
I just want to add my Wow to all the others. Thanks for the find, i-Glide! Good things ahead for Eric and for us.
I agree that stem cell therapies offer tremendous potential for treating and even curing diseases. I wish your family member the best of health.
After watching the Vikes win so big today I might just have to move back to MN. ;)
Go Vikings!
Actually, I've been out of this one for a while. I wish you well!
Merci beaucoup!
It looks like Squires read my post about the $8 misprint on the last Form 4. A corrected Form 4/A with $0.08 was just filed. ;)
Yw. I believe that more closed deals will come!
Thank you for your expert advice. I don't know what we'd do without you.
NEWS --
DANVILLE, CA, Jan 14, 2010 (MARKETWIRE via COMTEX) -- S3 Investment Company,
Inc. (PINKSHE ETS: SIVC) today commented on another new contract announced by
Boyuan Construction Group, Inc., a client of its wholly owned Redwood Capital
subsidiary, which successfully completed its entry into the North American
capital markets in March of 2009. Boyuan Construction Group, Inc., which is
publicly traded on Canada's TSX Venture Exchange under the symbol BOY, recently
reported that it had been awarded a contract valued at $19 million to develop a
16-story, 40,000 square meter commercial building in the city of Qingzhou,
located in China's Shandong province.
The project, which is expected to be completed in March 2011, will result in one
of the largest commercial buildings ever to be developed in Qingzhou.
Redwood Capital acted as the Chinese merchant banking advisor for the Boyuan
Construction Group in a reverse takeover transaction which resulted in the
company being listed on the TSX Venture Exchange. As a result of its
part icipation, Redwood Capital received shares of Boyuan common stock. As of the
period ended September 30, 2009, the last reported by the company's financial
disclosure through the Pink Sheets OTC Disclosure and News Service, Redwood
Capital owned 691,203 Boyuan common shares.
Boyuan Construction Group, Inc., a fast-growing construction company in China of
commercial, residential and municipal infrastructure projects, has reported
increased revenues over the previous year in each of the quarters reported since
the company became listed in North America.
"Due to our Boyuan Construction common stock position, we will continue to
follow this company as it signs new contracts and expands its business in the
China market," said S3 Chairman and CEO Jim Bickel. "The value of the Boyuan
shares, in addition to that of other current and future Redwood Capital clients,
forms the basis of the asset value that S3 is building for its shareholders.< BR>While many companies are searching for markets and customers for their services,
Redwood Capital is firmly entrenched in China's robust business landscape."
"The Redwood Capital business model has proven successful in assembling the
assets the company currently holds, and we expect that 2010 will bring
additional stock and stock value as other client listing and funding
transactions are closed," Mr. Bickel added.
To sign up to receive information by email directly from S3 Investment Company
when new press releases, investor newsletters, SEC filings or other information
is disclosed, please visit http://www.s3investments.com/investors/.
About S3 Investment Company, Inc.
S3 Investment Company, Inc. (http://www.s3investments.com) and its Redwood Group
International subsidiary are focused on facilitating the success of two
subsidiaries operating in the China market. Redwood Capital, Inc. assists
private Chinese companies in accessing the North American capital markets by
utilizing a network of investment banking relationships to achieve reverse
merger transactions. For more information, please visit
http://www.redwoodcapinc.com. Redwood Medical, Inc. assists companies seeking to
import and distribute Western medical technologies and products into the China
market.
Any statements contained herein related to future events are forward-looking
statements and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Readers are cautioned not to place
undue reliance on forward-looking statements. S3 Investment Company, Inc.
undertakes no obligation to update any such statements to reflect actual events.
Contacts
For S3 Investment Company
Gemini Financial Communications, Inc.
951-200-4107
Email Contact
SOURCE: S3 Investment Company
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=6B5B7C248F5328D4
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Financial Services:Commercial and Investment Banking
Pharmaceuticals and Biotech:Equipment and Supplies
Financial Services:Venture Capital
NEWS --
DALLAS, TX, Jan 14, 2010 (MARKETWIRE via COMTEX) -- Metiscan, Inc. (PINKSHEETS:
MTIZ) announced today that it has signed a letter of intent (LOI) wi th OccuCare
Medical Centers, P.A. , a Texas-based pain management group, to develop a
practice management software system designed specifically for the needs of pain
management clinics nationwide. The practice management system will be
specifically designed to optimize workflow processes and billing and collections
needs for pain management clinics. The LOI sets forth certain agreements and
understandings establishing a general outline of terms that may be formalized in
separate, definitive documents.
"This is a great opportunity for Metiscan to develop a scalable, Internet-based
practice management system that will meet the needs of pain management clinics
nationwide," commented Bryan A. Scott, President & CEO of Metiscan. "We
anticipate that our current discussions may yield Metiscan with the exclusive
right for at least 5 years to use, reproduce, sublicense and distribute the new
software system."
Mr. Scott continued, "We believe pain management facilities have very limited
options when selecting a practice management system that is designed
specifically for their workflow needs. Collaborating with this group of pain
management experts while leveraging our experience and knowledge of Healthcare
IT provides us with the opportunity to build an outstanding product that will
meet the market's need. Our subsidiary, FirstView EHR, will be essential in
managing and servicing this new software for pain clinic customers' needs."
About Metiscan, Inc.
Metiscan, Inc. is a holding company focused on growing its organization by
making key acquisitions and developing companies and emerging technologies and
is currently pursuing acquisitions and other opportunities.
Metiscan operates FirstView EHR, Inc., a wholly owned subsidiary, that provides
end-to-end IT services for diagnostic imaging facilities including web-based
electronic healthcare records (EHR), w orkflow efficiency, PACS administration,
long-term archiving, professional IT services and strategic consulting. Metiscan
operates Schuylkill Open MRI, Inc., a majority owned subsidiary, that is an
accredited independent diagnostic testing facility (IDTF) that provides Magnetic
Resonance Imaging (MRI) services. Metiscan also operates Taptopia, Inc., a
wholly owned subsidiary that provides design and development services for
Smartphone platforms. Metiscan also operates Shoreline Employment Services,
Inc., a wholly owned subsidiary that provides employment services and benefits
to all of Metiscan's subsidiaries and has begun to provide its services for
other companies.
For more information, please visit http://www.metiscan.com.
Safe Harbor Statement: Certain of the statements made in this press release
constitute forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 27E of the Secur ities Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and
other unknown factors that could cause Metiscan's actual results to be
materially different from the historical results or from any future results
expressed or implied by such forward-looking statements. Statements contained in
this release that are not historical facts may be deemed to be forward-looking
statements. In addition to statements that explicitly describe such risks and
uncertainties, readers are urged to consider statements labeled with the terms
"believes," "belief," "intends," "anticipates" or "plans" to be uncertain and
forward-looking. The Company does not intend to update any of the
forward-looking statements after the date of this release to conform these
statements to actual results or to changes in its expectations, except as may be
required by law.
Investor Relations Contact:
StockOrange< BR>
Dylan Yarter
President
Voice: +1 (214) 872-6570
Email Contact
SOURCE: Metiscan, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=9B1B19A2521635CB
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Software
Professional Services:Other Professional Services
Professional Services:Consulting
Medical and Healthcare:Facilities and Providers
NEWS --
POMPANO BEACH, Fla., Jan 13, 2010 (BUSINESS WIRE) -- Cyclone Power Technologies
Inc. (Pink Sheets:CYPW) has received a work order from Phoenix Power Group LLC
(PPG) to develop a prototype ele ctric generator system that will be powered by
Cyclone's heat-regenerative, external combustion engine running on waste oil.
The new agreement expands Cyclone's responsibilities with respect to the
development of PPG's waste energy electric generator systems and provides
additional revenue to Cyclone over the next few months. The initial Phoenix
waste energy recovery systems are expected to deliver approximately 50kW of
electricity back to the power grid from the clean combustion of used oil, a
renewable fuel source. PPG is a current licensee of Cyclone, holding exclusive
rights for generators running on waste oil.
"We believe that as the developer of the engines, Cyclone has unique
capabilities to seamlessly design our total power generator systems," stated
Thomas V. Thillen, President of PPG. "Together with Cyclone, our goal is to
bring these environmentally beneficial products to businesses like oil change
shops and fleet ser vice providers later this year, and to do so in a manner that
will provide our customers with a highly desirable return on their investment."
Waste motor oil is a major source of contamination of waterways and can result
in the toxic pollution of drinking water sources. According to the Environmental
Protection Agency, waste oil from one oil change can contaminate 1 million
gallons of fresh water, equivalent to a year's supply for 50 people.
Additionally, the Department of Energy has estimated that the efficient
recycling of wasted energy such as used oil over the next 20 years can help
reduce our national dependence on petroleum imports, spark billions of dollars
in private investments, and create up to one million jobs in the United States.
PPG is affiliated with Atlantic Systems Group of Harrisonburg, VA, which is in
the business of designing and building automotive oil change and service
facilities throughout the United States, along with the manufacturing of steel
tanks for the lube industry. PPG also has an exclusive license with Mr. Terry
Bassett, who holds two U.S. patents, with international patents pending, for the
total system package of generating electric power from waste oil using an
external combustion engine. PPG's equity partners include Hansom James Capital,
whose principals founded Tennessee-based AIMS Logistics Inc. in 1994, which,
when sold to U.S. Bancorp in 2007, employed over 300 people internationally and
processed approximately $5 billion annually in freight payables for clients that
included Honeywell International, General Electric, and Nortel Networks.
CORPORATE PROFILE
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine
-- an eco-friendly external combustion engine with the power and versatility to
run everything from portable electric generators and garden equipment to cars,
trucks and locomotives . Invented by company founder and CEO Harry Schoell, the
patented Cyclone Engine is a modern day steam engine, ingeniously designed to
achieve high thermal efficiencies through a compact heat-regenerative process,
and to run on virtually any fuel - including bio-diesels, syngas or solar -
while emitting fewer greenhouse gases and irritating pollutants into the air.
Currently in its late stages of development, the Cyclone Engine was recognized
by Popular Science Magazine as the Invention of the Year for 2008, and was
presented with the Society of Automotive Engineers' AEI Tech Award in 2006 and
2008. Additionally, Cyclone was recently named Environmental Business of the
Year by the Broward County Environmental Protection Department. For more
information, visit www.cyclonepower.com.
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information
within the meaning of Rule 175 under the Securit ies Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the safe harbor
created by those rules. All statements, other than statements of fact, included
in this release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. The company cautions that
these forward-looking statements are further qualified by other factors. The
company undertakes no obligation to publicly update or revise any statements in
this release, whether as a result of new information, future events or
otherwise.
SOURCE: Cyclone Power Technologies, Inc.
CONTACT:
Cyclone Power Technologies, Inc.
Media Contact
Will Wellons, 407-462-2718
will@wellonscommunications.com
or
Company Contact:
Frankie Fruge, 954-943-8721
Frankie@cyclonepower.com
or
Phoenix Power Contact
Thomas Thillen, 901-288-9488
tom@phoenixpowergroup.com
www.phoenixpowergroup.com
Copyright Business Wire 2010
-0-
KEYWORD: United States
North America
Florida
INDUSTRY KEYWORD: Building Systems
Energy
& nbsp; Alternative Energy
Coal
Oil/Gas
Utilities
Technology
Consumer Electronics
Electronic Design Automation
Hardware
Transport
Air
Maritime
Rail
Trucking
Manufacturing
Logistics/Supply Chain Management
Automotive Manufactur ing
Chemicals/Plastics
Engineering
Steel
Natural Resources
Agriculture
Forest Products
Mining/Minerals
&n bsp; Automotive
Interior Design
Urban Planning
Environment
Defense
Other Automotive
Other Defense
Nuclear
Research
Construction & Property
Commercial Building & Real Estate
Residential Building & Real Estate
Science
SUBJECT CODE: Product/Service
Sure does. ;)
OCTI NEWS --
DAVIS, CA, Jan 13, 2010 (MARKETWIRE via COMTEX) -- Octus, Inc. (OTCBB: OCTI), a
leading smart energy efficiency company, today provided guidance for its 2010
business strategy and market forecast. A presentation concerning the compa ny's
expected business and strategy for 2010 is posted at Octus's web site:
http://octusenergy.com/investors/index.html.
"Going into 2010, we believe that Octus has strong momentum with the
ever-expanding market opportunity for smart energy solutions, in concert with
our recently-announced reserve equity financing facility with AGS Capital," said
Octus CEO Chris Soderquist.
2010 Financial Guidance
On December 16, 2009, Octus announced it secured four smart energy projects in
collaboration with Quantum Energy Solutions, Inc. Octus and Quantum have
developed a pipeline of more than $20 million in potential projects. In addition
Octus anticipates its Smart Energy Products business will initiate sales in the
first quarter of 2010 with the Smart Energy Platform ("Octus SEP"), a
proprietary smart energy efficiency networking platform providing commercial
building managers with critical information needed to significantly reduce
overall energy use and costs, and Wickool, a proprietary Octus product that has
successfully completed product design testing with two of the largest retailers
and currently is in manufacturing.
Business Units
-- Smart Energy PRODUCTS: Integrated, intelligent controls, sensors, energy
management appliances. Estimated gross margins: 60-75%; Availability:
Today.
-- Smart Energy PROJECTS: Energy-efficient lighting, HVAC, energy management
and renewable energy projects; utility company programs. Estimated gross
margins: 30-40%; Availability: Today.
-- Smart Energy SERVICES: Software-enabled energy management services;
networked energy intelligence and analytics. Anticipated approximate gross
margins: 90%; Expec ted availability: Q1/Q2 2010.
Smart Energy Industry Drivers
-- Government stimulus: $37 billion for smart energy
-- Save money: $50 billion annual opportunity (lighting and HVAC energy
savings)
-- Electricity prices: Increased escalation equals increasing demand
-- Rebates and incentives: Utility companies assist in distribution of Smart
Energy Products and the execution of projects
-- Smart grid development/investment: $100B+ from U.S. government and
utilities
Growth Strategy
1. Strengthen platform: Acquire energy service and smart energy product
companies, diversify products, deliver software-enabled services.
2. Expand distribution: Increase market development, representative
agencies, integration partners, OEMs, and third-party utility company
program administrators.
3. Engage key partners and catalysts: Utilities, project financing,
national HVAC and electrical contractors.
4. Monetize energy intelligence/multiple recurring revenue streams.
About Octus
Octus, Inc. (OTCBB: OCTI) is a leading smart energy company providing innovative
solutions that significantly improve energy management and reduce electricity
costs. Our purpose is to make buildings smart and reduce energy consumption by
50% or more. We accomplish this through the Octus Smart Energy Platform
(OctusSEP), a portfolio of smart devices, sensors, network appliances and
software-enabled energy management services, and the implementation of smart
energy projects, targeting a $50 billion U.S. market. Commercialization of
OctusSEP is propelled through affiliations with leading en ergy institutions,
including the California Lighting Technology Center and the Western Cooling
Efficiency Center.
Forward-Looking Statements
This press release contains forward-looking statements, including, without
limitation, statements as to financial projections and management's beliefs,
expectations, goals and opinions. The company does not undertake to update or
revise these statements, which are based on a number of assumptions concerning
future conditions that may ultimately prove to be inaccurate. Future events and
their effects on the company may not be those anticipated, and actual results
may differ materially from the results anticipated in these forward-looking
statements. The risks, uncertainties and factors that could cause or contribute
to such material differences are discussed in the company's annual report on
Form 10-K for the year ended December 31, 2008, and in company's quarterly
report on Form 10-Q for the quarter ended September 30, 2009, filed by the
company with the Securities and Exchange Commission, as updated or supplemented
from time to time in subsequent filings. In addition, this press release
contains a number of forward-looking statements concerning anticipated
operations for 2010. The company has only recently become engaged in the smart
energy business and does not have a history of operations on which future
results can be based.
Contact:
Chris Soderquist
Octus
Email Contact
530/564-0200
http://octusenergy.com
SOURCE: Octus, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=951A711E6B10D085
http://octusenergy.com
Copyright 2010 Mark etwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Energy and Utilities:Alternative Energy
Environment:Natural Resource Management
Energy and Utilities:Utilities
Energy and Utilities:Equipment
Yes, it indicates that Squires disposed of 150,000 shares the proceeds of which will be loaned to the company. The sale price of $8 has to be a misprint, however. $0.08 would be more like it.
From wikipedia:
A lie (also called prevarication, falsehood) is a type of deception in the form of an untruthful statement, especially with the intention to deceive others, often with the further intention to maintain a secret or reputation, protect someone's feelings or to avoid a punishment or repercussion for one's actions.
****
This might have been what you did but anyone with eyes can see that it is not what Eric did.
MMRF NEWS --
LOS ANGELES, CA, Jan 12, 2010 (MARKETWIRE via COMTEX) -- MMR Information
Systems, Inc. (OTCBB: MMRF) (the "Company"), which through its wholly-owned
operating subsidiary, MyMedicalRecords, Inc. (jointly wit h the Company, "MMR")
provides consumer-controlled Personal Health Records ("PHRs")
(www.mymedicalrecords.com) and electronic safe deposit box storage solutions
(www.myesafedepositbox.com), has been selected as one of the Independent
Software Vendors ("ISV") to attend the annual Kodak Executive Summit ("KES") to
be held in San Antonio, Texas from February 2 through February 4. The
announcement was made jointly by Robert H. Lorsch, Chairman and CEO of MMR
Information Systems, Inc., and Brian Bagan, Director, Business Development,
United States and Canada, Document Imaging, Kodak's Business Solutions and
Services Group.
"This is MMR's first invitation to the Kodak Executive Summit and will be the
first hands-on presentation of our MMRPro professional service offering to the
top Kodak resellers. It represents a unique opportunity for us to be directly in
front of this major reseller channel with our integrated patented health IT
sol ution," said Lorsch. "We are proud to be part of this high level event and
believe the Kodak Executive Summit will be the beginning of hundreds of sales
people offering MMRPro to doctors and other healthcare providers in their
territories through this reseller channel."
MMR was selected to attend KES because MMRPro provides resellers an opportunity
to sell an integrated, end-to-end solution into the healthcare marketplace. The
system uses Kodak scanners and Capture Pro software with a special integrated
MMR Professional model to the healthcare community. The Company will start
distribution of MMRPro by working with the Kodak resellers, concentrating on
channel partners that focus on selling into the healthcare vertical marketplace.
KES is an exclusive conference for selected Kodak authorized imaging resellers,
distributors and independent software vendors, as well as members of Kodak's
Document Imaging business' senior management t eam. The event is by invitation
only to approximately 75 of Kodak's Document Imaging resellers and key Document
Imaging partners. The forum will provide MMR the opportunity to spend time with
these key Kodak resellers at an "MMR University" curriculum to fully introduce
their sales organizations to MMRPro, which allows doctors to scan and digitize
patient records using Kodak hardware and software, then store and access records
on a secure, Web-based portal. MMR would then work with these and other
resellers nationwide and provide training and sales support as the product is
introduced to doctors, clinics and other providers.
"Kodak is committed to working with our channel partners to provide capture
platform solutions in the healthcare vertical space," comments Brian Bagan.
"MMRPro addresses patients' need to access their Personal Health Record online,
while providing doctors' offices with a comprehensive yet easy-to-use solution
to capture, archive, store and retrieve patient records. The MMRPro solution,
which incorporates Kodak scanners, Capture Pro software and service, represents
a very strategic solution offering for Kodak and MMR in the Healthcare
Industry."
About MMR Information Systems, Inc.
MMR Information Systems, Inc. (OTCBB: MMRF), through its wholly-owned operating
subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and easy-to-use
online Personal Health Records ("PHRs") and electronic safe deposit box storage
solutions, serving consumers, healthcare professionals, employers, insurance
companies, unions and professional organizations and affinity groups.
MyMedicalRecords enables individuals and families to access their medical
records and other important documents, such as birth certificates, passports,
insurance policies and wills anytime from anywhere using the Internet. The
MyMedicalRecords Personal Health Record is built on propri etary, patented
technologies to allow documents, images and voicemail messages to be transmitted
and stored in the system using a variety of methods, including fax, phone, or
file upload without relying on any specific electronic medical record platform
to populate a user's account. The Company's professional offering, MMRPro, is
designed to give physicians' offices an easy and cost-effective solution to
digitizing paper-based medical records and sharing them with patients in real
time. MMR is an Independent Software Vendor Partner with Kodak to deliver an
integrated turnkey EMR solution for small to mid-size physician practices. MMR
clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell,
LegalZoom, The Latino Coalition, MedicAlert, NRA, XN Financial and others. MMR
is also an integrated service provider on Google Health. To learn more about MMR
Information Systems, Inc. visit www.mmrinformationsystems.com
Forward Loo king Statements
Any statements contained in this press release that refer to future events or
other non-historical matters are forward-looking statements. MMR Information
Systems, Inc. disclaims any intent or obligation to update any forward-looking
statements. These forward-looking statements are based on MMR Information
Systems, Inc.'s reasonable expectations as of the date of this press release and
are subject to risks and uncertainties that could cause actual results to differ
materially from current expectations. The information discussed in this release
is subject to various risks and uncertainties related to changes in MMR
Information Systems, Inc.'s relationship with Kodak, its business prospects,
results of operations or financial condition, and such other risks and
uncertainties as detailed from time to time in MMR Information Systems, Inc.'s
public filings with the U.S. Securities and Exchange Commission.
SOURCE: MMR Information Systems, Inc.
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Computers and Software:Networking
Computers and Software:Peripherals
Computers and Software:Software
Professional Services:Other Professional Services
Medical and Healthcare:Facilities and Providers
Medical and Healthcare:Healthcare
Medical and Healthcare:Medical Devices
Pharmaceuticals and Biotech:Biotech
Media and Entertainment:Information Services
NEWS --
DALLAS, TX, Jan 11, 2010 (MARKETWIRE via COMTEX) -- Taptopia, a wholly owned
subsidiary of Metiscan, Inc. (PINKSHEETS: MTIZ), announced today that the U .S.
Poultry & Egg Association (USPOULTRY) has chosen Taptopia to provide its
official Digital Show Guide iPhone App for the International Poultry Expo 2010
(IPE 2010) and International Feed Expo 2010 (IFE 2010), scheduled January 27-29,
at the Georgia World Congress Center, in Atlanta, Georgia.
The IPE 2010 and IFE 2010 Digital Show Guide Apps are available for download on
the Apple App Store at http://itunes.com/apps/ipe2010 and
http://itunes.com/apps/ife2010, respectively. The Apps are free to all users.
Taptopia's Digital Show Guide enables attendees and exhibitors to easily
navigate event schedules and exhibitor information from their Apple iPhones(TM)
and iPod touches(TM). Users also have the ability to take notes about events or
exhibitors directly within the App, export exhibitor contact information,
including their notes, immediately to their Contacts, utilize pre-event planning
tools and stay current with real-time anno uncements.
"Mobile platforms bring value to our attendees and exhibitors," commented John
Starkey, President of the U.S. Poultry & Egg Association. "Providing a digital
version of the IPE and IFE 2010 show guide that works with the iPhone was a
logical fit and Taptopia was our vendor of choice."
"The true beauty of Taptopia's digital show guide is that all important
information needed to navigate the show simply fits in your pocket," commented
Michael Foster, EVP of Sales and Marketing for Taptopia. "We're delighted that
USPOULTRY selected Taptopia's Event Services to power their digital show guide
App."
The International Poultry Expo will showcase its 62nd year in Atlanta, Georgia
this month and will feature its fourth year with the International Feed Expo. In
2009, more than 17,600 attendees networked in Atlanta, Georgia, USA January
28-30. Over 14,000 leaders from the U.S. poultry and feed industries were
registered an d over 3,500 international leaders attended.
About U.S. Poultry & Egg Association
The U.S. Poultry & Egg Association (USPOULTRY) is the world's largest and most
active poultry organization. It represents the entire industry as an "All
Feather" association. Membership includes producers and processors of broilers,
turkeys, ducks, eggs, and breeding stock, as well as allied companies. Formed in
1947, the association has affiliations in 27 states and member companies
worldwide. USPOULTRY also sponsors the International Poultry Expo. For more
information please visit http://www.poultryegg.org.
Contact: Larry Brown, lbrown@poultryegg.org, (770) 493-9401
About Taptopia, Inc.
Taptopia is a provider of mobile software solutions for iPhone(R) and iPod
Touch(R) Apps available on the Apple App Store(SM). Taptopia can extend
solutions to other popular consumer and enterprise mobile platforms using mobile
client, web, and SMS technologies. Taptopia designs, develops and supports
turnkey solutions for consumer and enterprise markets. Our customers depend on
Taptopia to optimize their 'on the go' experience... in the office and at
meetings, trade shows, and conventions. Taptopia is a wholly owned subsidiary of
Metiscan, Inc. For more information please visit http://www.taptopia.com.
Contact: Michael Foster, sales@taptopia.com, (972) 479-8822
Safe Harbor Statement: Certain of the statements made in this press release
constitute forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 27E of the Securities Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and
other unknown factors that could cause Metiscan's actual results to be
materially different from the historical results or from any future results
expressed or implied by such forward-looking statements. Statements contained in
this release that are not historical facts may be deemed to be forward-looking
statements. In addition to statements that explicitly describe such risks and
uncertainties, readers are urged to consider statements labeled with the terms
"believes," "belief," "intends," "anticipates" or "plans" to be uncertain and
forward-looking. The Company does not intend to update any of the
forward-looking statements after the date of this release to conform these
statements to actual results or to changes in its expectations, except as may be
required by law.
Investor Relations Contact:
StockOrange
Dylan Yarter
President
Voice: +1 (214) 872-6570
Email Contact
SOURCE: Metiscan, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=3D41200B804A9326
Copyright 2010&n bsp; Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Software
Telecom:Wireless
Retail:Consumer Electronics
Nice sleuthing, Rain. Thx.
Good, it sounds like Barry and the Boys have worked out their difficulties with ENHD. Now let the wild rumpus begin! ;)
MMRF NEWS --
Jan 07, 2010 (Datamonitor via COMTEX) -- MMR Information Systems and
Unis-Tonghe Technology, or UNIS, have signed a definitive joint venture
agreement to deploy a customized version of MMR's MyMedicalRecords proprietary
personal health record, or PHR, services and MMRPro professional document
imaging and management solutions in China.
UNIS, a subsidiary of Unisplendour Corporation, and a division of Tsinghua
Holdings, is one of the China's IT firms.
UNIS intends to launch the MyMedicalRecords technology platform along with a
Chinese electronic medical records (EMR) system using MMR and UNIS technology in
support of UNIS medical records development project, said MMR.
Luo Jianhui, vice president and chairman of Unisoft Group for UNIS, and Robert
Lorsch, chairman and CEO of MMR, made the announcement.
The joint venture, working with Nihilent, MMR's technology partner in India,
will integrate the MyMedicalRecords PHR and MMRPro system into an EMR health IT
platform to be used in China's healthcare market.
MMR also plans to work with UNIS to ultimately provide electronic safe deposit
box storage solutions based on its MyEsafeDepositBox to the fin ancial, legal and
insurance industries, which UNIS will help MMR introduce in China.
Mr Lorsch said: "The Chinese version of MMR's popular personal health record,
plus integration of MMRPro into a Chinese EMR system, will benefit Chinese
citizens by providing them access to copies of their own personal health
information. Currently, the Chinese population has very limited access so
clearly this solution will make it easier to share medical records throughout
the public and private Chinese hospital system, which has not been easily done
in the past.
"By enabling hospitals and doctors to share a patient's health history utilizing
existing medical records, the best possible care can be provided while reducing
medical costs to individuals and the government."
URL: http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall
not be liable for errors or delays in the content, or for any actions
taken in reliance thereon
Copyright (C) 2010 Datamonitor. All rights reserved
-0-
KEYWORD: Healthcare Alliances and Joint Ventures
SUBJECT CODE: Pharmaceuticals
Healthcare technologies
NEWS --
Jan 07, 2010 (Datamonitor via COMTEX) -- MMR Information Systems and
Unis-Tonghe Technology, or UNIS, have signed a definitive joint venture
agreement to deploy a customized version of MMR's MyMedicalRecords proprietary
personal health record, or PHR, services and MMRPro professional document
imaging and management solutions in China.
UNIS, a subsidiary of Unisplendour Corporation, and a division of Tsinghua
Holdings, is one of the China's IT firms.
UNIS intends to launch the MyMedicalRecords technology platform along with a
Chinese electronic medical records (EMR) system using MMR and UNIS technology in
support of UNIS medical records development project, said MMR.
Luo Jianhui, vice president and chairman of Unisoft Group for UNIS, and Robert
Lorsch, chairman and CEO of MMR, made the announcement.
The joint venture, working with Nihilent, MMR's technology partner in India,
will integrate the MyMedicalRecords PHR and MMRPro system into an EMR health IT
platform to be used in China's healthcare market.
MMR also plans to work with UNIS to ultimately provide electronic safe deposit
box storage solutions based on its MyEsafeDepositBox to the fin ancial, legal and
insurance industries, which UNIS will help MMR introduce in China.
Mr Lorsch said: "The Chinese version of MMR's popular personal health record,
plus integration of MMRPro into a Chinese EMR system, will benefit Chinese
citizens by providing them access to copies of their own personal health
information. Currently, the Chinese population has very limited access so
clearly this solution will make it easier to share medical records throughout
the public and private Chinese hospital system, which has not been easily done
in the past.
"By enabling hospitals and doctors to share a patient's health history utilizing
existing medical records, the best possible care can be provided while reducing
medical costs to individuals and the government."
URL: http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall
not be liable for errors or delays in the content, or for any actions
taken in reliance thereon
Copyright (C) 2010 Datamonitor. All rights reserved
-0-
KEYWORD: Healthcare Alliances and Joint Ventures
SUBJECT CODE: Pharmaceuticals
Healthcare technologies
TDGI NEWS --
NEW YORK, NY, Jan 07, 2010 (MARKETWIRE via COMTEX) -- Hannover House, the film
and video distribution division of Target Development Group, Inc. (PINKSHEETS:
TDGI) (Other: www.TargetDevelopmentGroup.com, www.HannoverHouse. com), is armed
with cash and ready to buy films as one of an elite group of recognized studio
buyers at the upcoming Sundance Film Festival. Funds from a variety of
off-balance-sheet acquisition ventures will enable Hannover House to compete
with the major studios for the distribution rights to the top echelon of "A"
level theatrical titles, said C.E.O. Eric Parkinson.
"We're actively pursuing commercial hits," said Parkinson. "Our acquisition
model of off-balance-sheet co-ventures will enable Hannover House to pay
significant advances if needed, yet limit the company's downside risk. We feel
that this sort of credit arrangement is more beneficial to our shareholders than
a traditional debt line or the issuance of new equity shares. It's a creative
way for the company to acquire the high-profile titles that will drive our
growing business," he continued.
Over the past 26 years, many key titles from the Sundance Film Festival hav e
gone on to achieve notable, commercial success. Hannover House will be attending
this year's festival looking to acquire the U.S. distribution rights to films
that have significant theatrical potential.
"Hannover House already has a solid line-up of new release titles for 2010,"
said Parkinson. "But we have room to add up to four major titles to our
schedule, and will be a highly visible player at this year's Sundance," he
concluded.
The 26th annual Sundance Film Festival will be held from January 21 through 31
in Park City, Utah. Hannover House is a wholly-owned subsidiary of Target
Development Group, Inc.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions under lying the
forward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will prove
accurate.
For more information contact:
Richard Prudenti
Director of Marketing & Publicity
479-751-4500
Email: Email Contact
SOURCE: Target Development Group, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=37C3D4E869CDA357
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Media and Entertainment:Movies
Financial Services:Investment Services and Trading
VERY good news, indeed.
Wow! 2,211,300 @ .0236.
Looks like after a long time on the launching pad DYER's getting ready to blast off!
Books and movies, books and movies - that's the way to do it.
TDGI NEWS --
NEW YORK, NY, Jan 06, 2010 (MARKETWIRE via COMTEX) -- Hannover House, the
entertainment distribution division of Target Development Group, Inc.
(PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com,
www.HannoverHouse.com), will more than double its output of new release book
titles in 2010, said company CEO Eric Parkinson. Encouraged by strong presales
of the company's upcoming book release, "Made in the U.S.A." by best-selling
author Barr McClellan, Hannover will accelerate the acquisition and release of
other high-profile titles.
"Once a new book covers its initial releasing costs, the margins to Hannover
House can be substantial," said Parkinson. "On a high-volume title like 'Made in
the U.S.A.' the gross profit margin can exceed sixty percent. Accordingly, we
plan to release another Barr McClellan book this Fall and more than ten other
properties, several of which have the additional benefit of being suitable for
development into feature films."
One of the existing Hannover House catalog titles, "Sacred Prey," a suspense
thriller by Vivian Schilling, has been optioned by Warner Br others Studios for
potential production into a major motion picture. Hannover House would like to
develop more of its book properties into feature films.
"Many of the top grossing films and film franchises of all times were launched
first as books," said Parkinson. "We think that the book market provides
Hannover House with a cost-efficient opportunity to generate excitement for a
story and better position it for success as a feature film, which feeds into our
other corporate activities in media distribution."
The "Twilight," "Harry Potter" and "Lord of the Rings" book series have each
spawned a series of extremely successful movies, which in turn, sparked new
interest and sales in the books. Hannover's new book acquisitions include titles
that the company feels are ideally suited for production into major motion
pictures.
New release books for Hannover House will be individually announced over the
next two months, and wi ll be prominently featured at the company's exhibit booth
at the 2010 Book Expo America conference in New York City.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will prove
accurate.
For more information on Target Development Group, Inc. and Hannover House,
contact:
Richard Prudenti
479-751-4500
email: Email Contact
SOURCE: Target Development Group and Hannover House
CONTACT: &nb sp;http://www2.marketwire.com/mw/emailprcntct?id=10371B4DD59B46D2
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Financial Services:Investment Services and Trading
Media and Entertainment:Movies
Media and Entertainment:Books and Publishing
NEWS --
NEW YORK, NY, Jan 06, 2010 (MARKETWIRE via COMTEX) -- Hannover House, the
entertainment distribution division of Target Development Group, Inc.
(PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com,
www.HannoverHouse.com), will more than double its output of new release book
titles in 2010, said company CEO Eric Parkinson. Encouraged by strong presales
of the company's upcoming book release, "Made in the U.S.A." by best-selling
author Barr McClellan, Hannover will accelerate the acquisition and release of
other high-profile titles.
"Once a new book covers its initial releasing costs, the margins to Hannover
House can be substantial," said Parkinson. "On a high-volume title like 'Made in
the U.S.A.' the gross profit margin can exceed sixty percent. Accordingly, we
plan to release another Barr McClellan book this Fall and more than ten other
properties, several of which have the additional benefit of being suitable for
development into feature films."
One of the existing Hannover House catalog titles, "Sacred Prey," a suspense
thriller by Vivian Schilling, has been optioned by Warner Br others Studios for
potential production into a major motion picture. Hannover House would like to
develop more of its book properties into feature films.
"Many of the top grossing films and film franchises of all times were launched
first as books," said Parkinson. "We think that the book market provides
Hannover House with a cost-efficient opportunity to generate excitement for a
story and better position it for success as a feature film, which feeds into our
other corporate activities in media distribution."
The "Twilight," "Harry Potter" and "Lord of the Rings" book series have each
spawned a series of extremely successful movies, which in turn, sparked new
interest and sales in the books. Hannover's new book acquisitions include titles
that the company feels are ideally suited for production into major motion
pictures.
New release books for Hannover House will be individually announced over the
next two months, and wi ll be prominently featured at the company's exhibit booth
at the 2010 Book Expo America conference in New York City.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will prove
accurate.
For more information on Target Development Group, Inc. and Hannover House,
contact:
Richard Prudenti
479-751-4500
email: Email Contact
SOURCE: Target Development Group and Hannover House
CONTACT: &nb sp;http://www2.marketwire.com/mw/emailprcntct?id=10371B4DD59B46D2
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Financial Services:Investment Services and Trading
Media and Entertainment:Movies
Media and Entertainment:Books and Publishing
NEWS --
POMPANO BEACH, Fla., Jan 06, 2010 (BUSINESS WIRE) -- Cyclone Power Technologies
Inc. (Pink Sheets: CYPW) has released new video demonstrating the economic and
environment benefits of utiliz ing its heat-regenerative, external combustion
engines to power waste energy recovery applications.
Cyclone's Waste Heat Engine (WHE) is designed to power a grid-tied or
stand-alone waste energy recovery system capable of generating between 1kW and
1MW of electricity. The patented piston-based engine captures 600F to 2000F of
excess wasted heat from sources such as engine exhaust, commercial ovens,
industrial furnaces and landfill flares. The Company is currently completing
extensive testing of the WHE and expects to place smaller units into production
later this year.
"We believe that our WHE systems can fill an enormous gap in the waste energy
recovery industry -- namely small and medium sized businesses with low to medium
quality excess wasted heat," stated Cyclone's CEO, Harry Schoell. "We believe
that our WHE units are the only truly viable options for facilities as small as
restaurants, to medium-sized industrial furnaces, foundries and gas flares."
According to industry studies, such facilities comprise 20% or more of the
nation's total waste heat resources.
The Company's WHE systems produce electricity from heat (thermal energy) that is
otherwise lost into the atmosphere through tail pipes, smoke stacks, exhaust
flues and flares. According to the US Clean Heat and Power Association, combined
heat and power (CHP) and waste heat recovery processes like these currently:
-- Save business owners over $5 billion/year in energy costs;
-- Reduce emissions of NOx by 400,000 tons/year and SO2 by 900,000 tons/year;
and
-- Prevent the release of 35 million tons of CO2 equivalent into the atmosphere.
Cyclone believes that the installation of its WHE systems can also drive
investment and create jobs. According to the U.S. Department of Energy, if the
U.S. were to increase its use of CHP and waste heat recovery systems to generate
20% of its el ectricity by 2030, it would spur $234 billion in private investment
and create 1 million jobs.
To view Cyclone's new video demonstration, visit:
http://www.cyclonepower.com/video.html
CORPORATE PROFILE
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine
-- an eco-friendly external combustion engine with the power and versatility to
run everything from portable electric generators and garden equipment to cars,
trucks and locomotives. Invented by company founder and CEO Harry Schoell, the
patented Cyclone Engine is a modern day steam engine, ingeniously designed to
achieve high thermal efficiencies through a compact heat-regenerative process,
and to run on virtually any fuel - including bio-diesels, syngas or solar -
while emitting fewer greenhouse gases and irritating pollutants into the air.
Currently in its late stages of development, the Cyclone Engine was recognized
by Popular Science Magazi ne as the Invention of the Year for 2008, and was
presented with the Society of Automotive Engineers' AEI Tech Award in 2006 and
2008. Additionally, Cyclone was recently named Environmental Business of the
Year by the Broward County Environmental Protection Department. For more
information, visit www.cyclonepower.com.
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information
within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the safe harbor
created by those rules. All statements, other than statements of fact, included
in this release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. The company cautions that
these forward-looking statements are further qualified by other factors. The
company undertakes no obligation to publicly update or revise any statements in
this release, whether as a result of new information, future events or
otherwise.
SOURCE: Cyclone Power Technologies
CONTACT:
Cyclone Power Technologies
Media Contact:
Will Wellons, 407-462-2718
will@wellonscommunications.com
or
Company Contact:
Frankie Fruge, 954-943-8721
Frankie@cyclonepower.com
Copyright Business Wire 2010
-0-
KEYWORD: United States
North America
Florida
INDUSTRY KEYWORD: Building Systems
Energy
Alternative Energy
Coal
Oil/Gas
Utilities
Other Energy
&nbs p; Technology
Electronic Design Automation
Hardware
Other Technology
Transport
Air
Rail
Trucking
&nb sp; Other Transport
Manufacturing
Automotive Manufacturing
Chemicals/Plastics
Engineering
Steel
Other Manufacturing
Natural R esources
Forest Products
Mining/Minerals
Other Natural Resources
Automotive
Urban Planning
Environment
Defense
Other Defense
Nuclear
Research
Other Science
Construction & Property
Commercial Building & Real Estate
Residential Building & Real Estate
Gene ral Automotive
Science
May the wind be at your back!
I didn't but I'm day trading the ES these days and haven't paid much attention to the ETFs. I did notice that yesterday on the big up market day when most of the other short ETFs were down, SRS was up. I wonder if it had anything to do with SPG's announced Preferred shares being convertible to Common? Sounds like potential dilution to me.