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SafePay Solutions Inc. SFPS), announced today that individuals and companies
opening new SafePay accounts are increasing at a rate of 30% per month. Online
product companies are requesting merchant supplier verification from SafePay
on an average of 20 per day.
SafePay management expects the number of online product companies
requesting merchant supplier verification daily will continue to increase,
with daily requests expected to double within the next 60 days.
SafePay also recently completed integration of OS Commerce into its
product line. OS Commerce is a leading shopping cart provider. This
integration of OS Commerce will allow additional merchant suppliers of SafePay
to benefit as a reseller.
About SafePay
As an online payment provider, SafePay Solutions brings you the highest
level of security, convenience, and speed of any online payment system. Our
solutions for business and consumers all around the world are innovative,
secure, and cost-effective. With SafePay Solutions, anyone with an e-mail
address can send and receive payments, while merchant and corporate clients
can conduct business with our vast array of financial management tools.
More information about SafePay Solutions can be found at:
http://www.safepaysolutions.com
Notes about forward-looking statements
Except for any historical information contained herein, the matters
discussed in this press release contain forward-looking statements that
involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts
constitute forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, and are intended to be covered by
the safe harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve unknown risks, uncertainties
and other factors which may cause actual results, performance or achievements
to differ materially from those expressed or implied. Forward-looking
statements may be identified by words such as "estimates," "anticipates,"
"projects," "plans," "expects," "intends," "believes," "may," "should" and
similar expressions and by the context in which they are used. Such statements
are based upon current expectations of the company and speak only as of the
date made. The Company undertakes no obligation to update any forward-looking
statements to reflect events or circumstances after the date when they are
made.
CONTACT: Alex Livak 347.813.4664 alivak@fortuneir.com
SOURCE SafePay Solutions Inc.
Contact Information:
Alex Livak, +1-347-813-4664, or alivak@fortuneir.com, for SafePay Solutions
WebSite:
http://www.safepaysolutions.com
STTK Just a trading alert- eLocity's stocks to watch for today are --Smart-tek Solutions, Inc. (OTC BB: STTK) announced Wednesday that the
company has received an initial order of $5 million from the People's
Republic of China for its proprietary RFID tracking and containment system.
Smart-tek Solutions and its subsidiary, Smart-tek Communications, Inc.,
also announced that it has appointed the firm of Charles Thomas Consultants
Limited as its exclusive licensee for Hong Kong and Singapore.
STTK closed Wednesday at $1.00.
American Soil Technologies, Inc. SOYL) ("the
Company") announced today that it has purchased a patent on a unique
family of stable, interactive fertilizers consisting of carbonized
clusters.
"These fertilizers are very compatible with the polymer products
sold by the Company for the agriculture, turf and horticulture
markets," said Carl Ranno, President and CEO of the Company. "The
Company is pursuing an aggressive program of diversification of our
product lines. The products obtained through this acquisition not only
give us access to the $20 billion fertilizer industry, they also
enhance the effectiveness of some of our existing products."
"These fertilizers are not derived from petroleum," said Mr.
Ranno. "The nitrogen in the new products can be created instead from
either aqueous or anhydrous ammonia. This acquisition will allow the
Company to provide better fertilizers at a much lower cost to the
consumer. We will market this product under the Soil Medic brand for
turf and horticultural uses and will announce the name of the new Ag
product line later this month."
About the Patented Fertilizers
This family of patented fertilizers is stable, interactive
nutrient carriers consisting of carbonous clusters. Our proprietary
technology allows N-P-K and other nutrients to bond to suspended
organic colloids, which produces a unique liquid fertilizer.
The use of these fertilizers supplies stressed soils with
nutrient-laden carbonous clusters that are found naturally in fertile
soils. Agriculture, turf, landscape & nursery managers now have a
stable fertilizer that is very effective and efficient because it does
not allow for leaching or volatilization (once it has attached
itself).
About American Soil Technologies, Inc.
American Soil Technologies is in the $150 billion green industry.
The company develops, manufactures and markets cutting-edge technology
that decreases the need for water in agriculture and other
plant-growing environments while increasing crop yield and reducing
the environmental damage caused by common farming practices. The
company has an exclusive license to two method patents with
cross-linked and linear polymers as their basis. The company also
holds four patents on a revolutionary new machine, the M-216 Injector,
designed to install its liquid products in mature turf as well as some
standing crops. The machine has been built, tested and is now
operational.
More product information can be found on the corporate Web site,
located at http://www.americansoiltech.com.
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
forward-looking statements are inherently uncertain as they are based
on current expectations and assumptions concerning future events or
future performance of the Company. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating such
statements, prospective investors should review carefully various
risks and uncertainties identified in this release and matters set
forth in the Company's SEC filings. These risks and uncertainties
could cause the Company's actual results to differ materially from
those indicated in the forward-looking statements.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE ENVIRONMENT PRODUCT/SERVICE
SOURCE: American Soil Technologies, Inc.
CONTACT INFORMATION:
American Soil Technologies, Inc., Pacoima
Carl P. Ranno, 818-899-4686
UNCN files form 4 - Unico Incorporated (OTC BB: UNCN), which
focuses on the production of ores and precious metals in the U.S., today
announced that chairman Ray C. Brown has purchased an additional 5,000,000
shares of Unico common stock.
The purchase was made at a price of $0.00128 per share on April 4, 2006 and
brought the number of common shares that Mr. Brown owns to 43,000,000.
Subsequent to his purchase, Mr. Brown gifted two million shares of his
purchased common stock to Unico corporate secretary C. Wayne Hartle and one
million shares to company director Richard Belliston. After receiving the
stock, Mr. Hartle's Unico common stock ownership increased to 3,197,000
shares and Mr. Belliston's increased to 2,233,278 shares.
"Both Mr. Hartle and Mr. Belliston have been highly effective and loyal
members of the Unico management team, and I was pleased to provide these
additional shares to them from my recent stock purchase," stated Mr. Brown.
"We all believe very strongly in the future of Unico and are particularly
encouraged by the recent progress on the reconstruction of the mill and
processing facility at the Deer Trail Mine, since it is expected to provide
a consistent revenue stream for the company from the processing and
shipment of current stockpiles of precious metal bearing ore," Mr. Brown
added. "These developments, as well as Unico's agreement with industry
leader Behre Dolbear to provide geological services at the Deer Trail Mine,
only add to our confidence that Unico is headed in the right direction and
is poised to grow value for the company's shareholders."
A Form 4 Statement of Change in Beneficial Ownership of Securities was
filed with the Securities and Exchange Commission regarding Mr. Brown's
purchase, and two additional Form 4 statements were filed on the increases
in Mr. Hartle and Mr. Bellison's common stock holdings.
About Unico Inc.
Unico Inc. (www.uncn.com) is a publicly traded company incorporated in
Arizona that is focused on the production of ores and precious metals such
as gold, silver, lead, and zinc at its three mine properties: the Deer
Trail Mine the Bromide Basin Mine and the Silver Bell Mine.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended and such Section
21E of the Securities Exchange Act of 1934, as amended. Such statements are
subject to risks and uncertainties that could cause actual results to vary
materially from those projected in the forward-looking statements. The
company may experience significant fluctuations in operating results due to
a number of economic, competitive and other factors. These factors could
cause operation results to vary significantly from those in prior periods,
and those projected in forward-looking statements. Information with respect
to these factors which could materially affect the company and its
operations are included on certain forms the company files with the
Securities and Exchange Commission.
Contacts:
Gemini Financial Communications for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
www.uncn.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
www.otcfn.com/uncn
Nord Oil International Inc. NDOL) announced
today that it has received an unsolicited purchase offer for 100% of the
total outstanding stock of Nord Oil International Inc.
The company has opted to keep the information confidential until such time
as the purchase offer can be bona fide and the amount of the offer
confirmed. The company will make every effort possible to review the offer
and offering party and release said offer information as soon as possible.
It should also be noted that during the conference call, it was also
discussed that the offering party intended to purchase shares in the open
market of up to 10% of the NDOL common stock.
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
Blackout Media Corp's BKMP) The Fight
Network is pleased to announce that Westman Communications Group has added
The Fight Network to their programming line up.
Fight Network is now available on the Westman Cable system on channel 404.
The Fight Network is the first and only all-combatant sports and
entertainment channel that delivers the very best in boxing, wrestling,
mixed martial arts, and other combatant styles along with top-notch "fight
theme" movies, documentaries, and news 24 hours a day. Pride FC, K-1,
Rumble on The Rock, TNA Wrestling (Xplosion), Ring of Honor, Showtime
Boxing: Shobox, and TKO are just a few of the network's programming
highlights.
"We are pleased to welcome Westman Communications on board to further
deliver our channel to consumers throughout the Western part of Canada and
more specifically in the great province of Manitoba," said Mike Garrow,
President of The Fight Network. "We look forward delivering knockout
entertainment to their consumers each and everyday," he added.
For a complete list of programming and the latest news from the fight
world, please visit www.thefightnetwork.com.
About Westman Communications Group.:
Westman is a customer-focused cooperative providing leadership in
communications and information technology products and services in cable
TV, fibre optics, computer networks, data transport, Internet, advertising
and broadcasting.
About The Fight Network.:
The Fight Network is a cross-platform media company with brand interest in
television, radio and web. All three of these media offerings are
seamlessly integrated to offer fans of combatant sports and related
entertainment a true convergence experience. The Fight Network Inc.
corporate headquarters is located in Toronto, Canada. Additional
information on the company can be found at www.thefightnetwork.com.
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with an interest in Blackout
Communications, who is a diversified media and entertainment company
conducting operations in digital television, VOD, PPV, radio the Internet
and print under the brand name "The Fight Network." The activities of
Blackout Media Corp. are conducted principally in Canada and the United
States.
Safe Harbor
Certain statements in this news release may contain forward-looking
information within the meaning of Rule 175 under the Securities Act of 1933
and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to
the safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and objectives of
the company, are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to
be accurate and actual results and future events could differ materially
from those anticipated in such statements. Technical complications that may
arise could prevent the prompt implementation of any strategically
significant plan(s) outlined above. The company cautions that these
forward-looking statements are further qualified by other factors. The
company undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information, future
events or otherwise.
Investor Relations:
CONTACT:
Blackout Media Corp.
Telephone 416-987.2133
Fax 416 348.9418
E-mail ir@blackoutmedia.com
Media Contacts:
Stephen Murdoch
OEB International
Public Relations/Public Affairs
Tel: (905) 682-7203 extension 22
Fax: (905) 682-7481
E-mail: smurdoch@oeb.com
Safe Travel Care, Inc. SFTV) announced today that
it has signed a nonbinding agreement to merge with Titan Energy
Development, Inc. of Detroit, Michigan. The intended merger is pending
due diligence and the execution of a final agreement. Titan Energy
Development, Inc. is the manufacturer of a mobile, multifunctional
utility system called the "Sentry 5000" designed for disaster recovery
and response situations.
The Sentry 5000 was designed and developed by Titan to be a
smaller, completely self sufficient "first response" unit that will
provide vital services in situations such as manmade or natural
disasters. The Sentry 5000 generates electricity, provides heating and
cooling, water filtration and satellite communications and is small
enough to be transported by a pick up truck or SUV and operates on
diesel fuel.
More information on Safe Travel Care, Inc. can be found at:
www.sftvinc.com. More information on Titan Energy Development Inc. and
the Sentry 5000 Mobile Utility System can be found at
www.titanenergydevelopment.com.
Investors are cautioned that certain statements contained in this
document as well as some statements in periodic press releases and
some oral statements of SFTV officials are "Forward-Looking
Statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 (the "Act"). Forward-looking statements include
statements which are predictive in nature, which depend upon or refer
to future events or conditions, which include words such as
"believes," "anticipates," "intends," "plans," "expects," and similar
expressions. In addition, any statements concerning future financial
performance (including future revenues, earnings or growth rates),
ongoing business strategies or prospects, and possible future SFTV
actions, which may be provided by management, are also forward-looking
statements as defined by the Act. Forward-looking statements involve
known and unknown risks, uncertainties, and other factors which may
cause the actual results, performance or achievements of the Company
to materially differ from any future results, performance, or
achievements expressed or implied by such forward-looking statements
and to vary significantly from reporting period to reporting period.
Although management believes that the assumptions made and
expectations reflected in the forward-looking statements are
reasonable, there is no assurance that the underlying assumptions
will, in fact, prove to be correct or that actual future results will
not be different from the expectations expressed in this report. These
statements are not guarantees of future performance and SFTV has no
specific intention to update these statements.
KEYWORD: NORTH AMERICA CALIFORNIA MICHIGAN UNITED STATES
INDUSTRY KEYWORD: ENERGY UTILITIES GOVERNMENT DEFENSE FEDERAL GOVERNMENT AGENCIES STATE/LOCAL TRAVEL TRANSPORTATION MANUFACTURING PROFESSIONAL SERVICES INSURANCE MERGER/ACQUISITION
SOURCE: Safe Travel Care, Inc.
CONTACT INFORMATION:
Safe Travel Care, Inc.
Jeff Flannery, 619-342-7449
Stock Analyzer's Birthday Today
Stock Analyzer's Birthday Today
Cargo Connection Logistics Holding, Inc. CRGO) today announced that it had made the decision to redeem the
Company outstanding Series A 6.5 percent Convertible Promissory Notes which
date back prior to 2005 when the Company was still known as Championlyte
Holdings, Inc.
The Company has already begun to redeem these notes. In specific, these
notes were from Advantage Fund I, LLC and are either still in their
possession or were assigned to other Holders under the same terms and
conditions as the original note. While the notes had favorable terms, the
conversion ability of these notes potentially hurt the Company by the
Holder's ability to convert into and sell additional common shares into the
market, potentially causing a downturn in the price per share.
"We are continuing to try and redeem the remaining assigned notes from
their current holders," said Cargo Connection Logistics Holding, Inc. CFO
Scott Goodman.
In addition to the redemption of the old debt, the Company has terminated
its consulting agreement with Knightsbridge Capital.
"The Company will continue to review all former contracts the Company had
entered into prior to Cargo Connection Logistics' involvement to determine
the value to the Company as well as to the Company's shareholders," said
Goodman. "The Company has retained new counsel to examine all of the
financial instruments and contracts the Company had in place prior to new
management taking control in 2005."
The Company will continue to keep its shareholders advised of all the
developing information through its news releases as well as its website.
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo
Connection Logistics Corp. and Cargo Connection Logistics - International,
Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in
Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC;
Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA and San
Jose, CA. The companies currently provide a comprehensive variety of
transportation and warehouse capacity services to shippers throughout the
nation. Currently the two companies have a total of 87 employees.
Cargo Connection Logistics is a leader in world trade logistics.
Headquartered adjacent to JFK International Airport, the company is a
transportation logistics provider for shipments importing into and
exporting out of the United States, with service areas throughout the
United States and North America. They have container freight station
operations specifically designed to handle internationally arriving freight
for the major retail suppliers through its CFS facilities in Florida,
Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website
is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain of the statements contained
herein, which are not historical facts, are forward-looking statements with
respect to events, the occurrence of which involve risks and uncertainties.
These forward-looking statements may be impacted, either positively or
negatively, by various factors. Information concerning potential factors
that could affect the Company is detailed from time to time in the
Company's reports filed with the Securities and Exchange Commission,
including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining
contacts with foreign shippers;
-- the Company's financial condition, including its ability to continue
as a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions
Contact:
Peter Nasca,
Peter Nasca Associates, Inc.
312-421-0723 Chicago
305-937-1711 Miami
HE-5 Resources, Corp. HRRP) is pleased
to announce that it has acquired the remaining 60% interest not owned by
the Company, in the Lease Option Agreement for the Ruby #1 and #2
unpatented mining claims situated in Mono County, California. HE-5
Resources now owns 100% of the claims and is in negotiation to acquire
other claims around Ruby #1 and #2. These acquisitions are an integral
part of HE-5's growth strategy and its goal is to establish a vast mineral
reserve and resource base that will maximize the revenue and profitability
of the Company.
The claims are located near the California-Nevada border in eastern Mono
County, California, about 150 miles southeast of Reno, Nevada and in the
vicinity of Fish Lake Valley. The claims encompass the workings of the
Green Monster Mine, which has a history of small, but high-grade production
from carbonate replacement deposits.
The mine workings contain an un-mined indicated resource totalling 1,650
tons grading 28.0 oz / ton (opt) Ag, .70 % Cu, 1.0 % Pb, and 4.0 % Zn, plus
an additional inferred resource totalling 1,100 tons grading 17.0 opt Ag,
.70 % Cu, .73 % Pb, and 4.0 % Zn (Source: US Bureau of Mines). Two
selective check samples collected from the mine during the current work
program averaged .025 opt gold (Au), 241.6 opt Ag, .47 % Cu, 2.26 % Pb, and
.51 % Zn.
The goal of HE-5 Resources is to rehabilitate the mine workings and set up
underground drill stations in order to both upgrade and expand the
resource. Production is expected to commence as early as the fall of 2006.
About HE-5 Resources, Corp.
HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural
resources company. HE-5's mission is to maximize shareholder value by
investing in pre-production mining projects, which are undervalued and have
proven reserves that will increase the revenue and profit of the Company.
HE-5's goal is to establish a vast mineral reserve and resource base with a
focus on the following 5 minerals and metals: gold, silver, mercury,
platinum and nickel.
For more information please contact CEO Denyse Raynault at
Raynault@he-5.com or visit the Corporate website at www.he-5.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data,
constitute forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those stated or
implied by such forward-looking statements. The potential risks and
uncertainties include, among others, potential volatility in the company's
stock price, increased competition, customer acceptance of new products and
services offered by the company, and uncertainty of future revenue and
profitability and fluctuations in its quarterly operating results. Please
also be advised that the company's stock is not currently registered with
the Securities and Exchange Commission.
Contact:
HE-5 Resources, Corp.
Denyse Raynault
CEO
E-mail: Raynault@he-5.com
URL: www.he-5.com
HISC Homeland Integrated Security Systems, Inc.
announced today that the Board of Directors has authorized a
buy back of up to 20 million shares of common stock between now and the end
of the month.
The Company has agreed to buy the shares directly from the market. The
decision was based upon the various events that have already unfolded and
what the Company believes will be happening in the near future as they work
towards their goal of being listed on the NASDAQ OTC BB.
"The Board agreed unanimously that our shares are undervalued. We have two
years of profitability in an exploding industry. We believe we should be
trading at higher levels," stated Frank A. Moody, II, CEO of Homeland
Integrated Security Systems, Inc.
Homeland Integrated Security Systems recently released its year end
financials for period ending December 31, 2003 and 2004, and preliminary
financial results for 2005. During 2005, the company increased its revenues
by 67% over 2004, along with a 12% increase in profits to $553,595. The
balance sheet shows that total assets increased from $1,422,609 on December
31, 2004 to $4,184,067 as of December 31, 2005, an increase of nearly 200%.
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology and has
the rights to use patents to some of the most innovative and sophisticated
security products. One of the key target markets is the 361 commercial
seaports in the U.S. which are vulnerable to criminal penetration. For more
information go to http://www.hissusa.com
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The company intends that such statements
about the Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking statements be
subject to the safe harbors created thereby. Homeland Integrated Security
Systems, Inc. is a development stage company who continues to be dependent
upon outside capital to sustain its existence. Since these statements
(future operational results and sales) involve risks and uncertainties and
are subject to change at any time, the Company's actual results may differ
materially from expected results.
Contact:
Homeland Integrated Security Systems
1-866 THE APPL(E)
www.hissusa.com
Hoodia Products International Inc. HDIA, the California-based manufacturer of appetite suppression products
made from the Hoodia gordonii plant, today announced revenue for the
month ended March 2006.
The company is pleased to record March revenue of $5,592, which
represents a 95% gain over February sales of $2,867. Revenue growth
was attributed to the launch of HPI marketing efforts, repeat customer
orders, and continued strength in the hoodia market. The company
tracks orders received from call-in telephone banks and the
hoodiaproducts.com Web site, and both of these segments grew equally
in proportion to the overall revenue increase. HPI management expects
POWERSLIM sales to continue to grow rapidly as the company works to
aggressively market its brand and expand its advertising campaign to
major markets as detailed in March 22 press release.
Kedric Van de Carr, president of HPI, commented, "We have
substantially all of our major marketing ahead of us. The real key to
our sales growth thus far is that POWERSLIM has terrific customer
satisfaction, and in the mold of a multilevel marketing company, our
customers often become voluntary nonpaid sales associates recommending
our product to their friends and family. We're happy to continue
disclosing our monthly revenue numbers, as it puts the company in a
positive routine as we look towards the future of becoming a reporting
company and making periodic filings."
There will be six airings of the full-length Hoodia Products
POWERSLIM infomercial on DirecTV during the second week of April on
channels 227 and 238. For more information, please visit
www.stockinformationsystems.com, symbol HDIA, or
www.hoodiaproducts.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Forward-looking information is
inherently subject to risks and uncertainties, and actual results
could differ materially from those currently anticipated due to a
number of factors, which include but are not limited to, risk factors
inherent in doing business. Forward-looking statements may be
identified by terms such as "may," "will," "should," "could,"
"expects," "plans," "intends," "anticipates," "believes," "estimates,"
"predicts," forecasts," potential," or "continue," or similar terms or
the negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot
guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these
forward-looking statements.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES
INDUSTRY KEYWORD: HEALTH ALTERNATIVE MEDICINE FITNESS & NUTRITION EARNINGS
SOURCE: Hoodia Products International Inc.
CONTACT INFORMATION:
Hoodia Products International Inc., Dublin
Jacob V.O. Mullins, 415-676-1925
De Greko, Inc. DGKO), a holding
company that specializes in consolidating revenue-generating companies,
today announced that it intends to initiate steps to List on the Hong Kong
Stock Exchange (HKEx).
PRESTIGE ASIA TO COORDINATE LISTING PROCESS
Prestige Asia will facilitate the steps involved to list on the HKEx. One
of the company's objectives in retaining Prestige Asia was their expertise
in the Asian Market. Prestige Asia has coordinated a number of listings on
the HKEx and will be a valuable resource to De Greko in this venture.
MANY ADVANTAGES TO LISTING IN HONG KONG
The listing on the HKEx will enable the company to take full advantage in
the following:
-- Gateway to Mainland China
-- Leveraging on Mainland China's Growth
-- Home Market Theory
-- Strong Legal System
-- International Accounting Standards
-- Sound Regulatory Framework
-- Free Flow of Capital and Information
-- Advanced Clearing and Settlement Infrastructure
Ms. Sutida Suwunnavid, President of Prestige Asia, stated, "We are pleased
to be able to use our expertise in Asia for De Greko. Trading in Hong Kong
will open De Greko to more Asian Investment and enable them access to the
lucrative Asian Markets."
"As I have stated in the past, my mission is to create a global network for
De Greko and its products," stated Fotis Georgiadis, CEO of De Greko. "Our
new relationship with Prestige Asia will begin this global network with a
listing in Hong Kong. This is a major step for our company as we will
truly leverage our Asian relationships with new business ventures and
capital."
For all future De Greko investor relations needs, investors are asked to
visit the De Greko IR Hub at http://www.AGORACOM.com/IR/DeGreko where they
can post questions and receive answers within the same day, or simply
review questions and answers posted by other investors. Alternatively,
investors are able to e-mail all questions and correspondence to
DGKO@AGORACOM.com where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real time.
About De Greko Inc: http://www.DeGreko.com
De Greko, Inc. (OTC: DGKO) is the parent company of De Greko Foods, De
Greko Communications and De Greko Entertainment. Founded in 1998 as De
Greko, LLC, the Company plans to serve as a commercial hub for a variety of
revenue-generating companies. De Greko's business philosophy combines the
American entrepreneurial sprit with old-world charm and cutting-edge
commercial innovation.
Note: All statements, other than statements of fact, included in this
release, may include forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will be
accurate and actual results and future events could differ materially from
those anticipated in such statements. The Company cautions that such
matters necessarily involve significant risks and uncertainties that could
cause actual operating results to differ materially from such statements,
including, without limitation: (i) competition, (ii) fluctuations demand
and supply of our target markets, including Internet based telephone
operations (iii) risks associated with new business ventures. Investors are
advised to seek professional advice and conduct a complete due diligence
regarding this, or any other company being considered for investment
purposes. Investing in securities, particularly in issues priced at less
than $1 per share, involves substantial risk and may result in a partial or
complete loss of investment capital. Press releases issued by the company
should not be interpreted as an offer to sell or a solicitation to buy
company stock.
CONTACT INFORMATION:
Investor Relations
AGORACOM Investor Relations
http://www.AGORACOM.com/IR/DeGreko
DGKO@AGORACOM.com
China Media Group Corporation CHMD announces today that it has completed its detailed due diligence of
Good World Investments Limited ("GWI") / Beijing Ren Ren Health Culture
Promotion Limited and will now proceed to a full audit of the financial
accounts prior to closing the acquisition.
GWI controls 50% of Beijing Ren Ren Health Culture Promotion Limited, which
has been granted a nationwide advertising license in China covering the
media of television, newspaper, magazine, outdoor billboards and Internet,
and, through advertising these media, are working with the Chinese
Government to promote health education and health awareness.
Mr. Con Unerkov, Chairman of China Media Group, stated, "The detailed due
diligence took considerably longer than originally anticipated. All the
agreements in Chinese had to be interpreted and translated to English which
took much longer than was estimated. We have now completed the detailed
due diligence of the operations and we are moving towards preparing an
audit of the accounts. We are confident with our past dealings and
cooperation with GWI / Beijing Ren Ren that this phase of the due diligence
will proceed smoothly and that we can quickly finalize the transaction and
move forward and roll out the business."
About Good World Investments Limited and Beijing Ren Ren:
Good World Investments Limited is a holding company that has agreed to
acquire 50% of Beijing Ren Ren Health Culture Promotion Limited.
Beijing Ren Ren Health Culture Promotion Limited is a company incorporated
in China with office in Beijing. Beijing Ren Ren has been granted a
nationwide license in China covering the media of television, newspaper,
magazine, outdoor billboards and Internet, and through advertising these
media, is working with the Chinese Government to promote health education.
Beijing Ren Ren has undertaken the Great Wall of China project, a national
program, to promote heath education in China.
About China Media Group Corporation:
China Media Group Corporation (OTC BB: CHMD) is a "Next Generation"
advertising / media company focusing on the very lucrative Chinese market.
It has offices in Beijing, Hong Kong and Texas, USA. The Company was
incorporated in Texas on October 1, 2002. The Company is currently
entering the fast growing advertising industry in China and plans to expand
its offices in key cities such as Shanghai, Guangzhou and Shenzhen. The
Company will also cooperate with strategic partners in other cities to
serve our clients for nationwide advertising coverage.
Additional information concerning other areas and topics of China Media
Group can be found on our web site at http://www.chinamediagroup.net
A number of statements contained in this Report are forward-looking
statements that are made pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995. Certain written
statements in this press release constitute "forward-looking statements" as
defined under the Private Securities Litigation Reform Act of 1995. Words
or phrases such as "should result," "are expected to," "we anticipate," "we
estimate," "we project," "we intend," or similar expressions are intended
to identify forward-looking statements. These statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those expressed in any forward-looking statements. These
risks and uncertainties include demand for our services, product
development, our ability to maintain acceptable margins and control costs,
the impact of federal, state and local regulatory requirements on our
business, the impact of competition and the uncertainty of economic
conditions in general, including the timely development and market
acceptance of products, competitive market conditions, 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. Readers
are cautioned not to place undue reliance on forward-looking statements,
since the statements speak only as of the date that they are made, and we
undertake no obligation to publicly update these statements based on events
that may occur after the date of this document.
Contact:
China Media Group Corporation
Cedar Hill, Texas
ir@chinamediagroup.net
Lease Smart, Inc. LSMJ) is pleased to announce that it is furthering its expansion plan by offering mining and
oil equipment leasing through a separate subsidiary. The company's
proposed mining and oil equipment division will provide complete financing
and leasing services for equipment only and may later include equipment
rental.
The company believes that commodity prices will continue to stay strong
with high demand from emerging markets, creating an excellent equipment
marketplace. The mining & oil drilling equipment sectors should continue
to benefit greatly from the growing needs for commodities in areas such as
China, India, Russia and elsewhere. Strong resurgence in part sales and
maintenance appears to be already occurring, indicating the industry is
moving into the next cyclical stage of replacing equipment, prior to mine
expansion.
About Lease Smart, Inc.
Lease Smart Capital is a 25-year-old full service Commercial Loan Company.
Established in 1979, Lease Smart offers a complete range of financing to
small businesses. Lease Smart services include leasing, invoice factoring,
loans, commercial mortgages, and credit services.
Lease Smart is not only a direct funder, but also have agreements in place
with several leading finance providers in North America. Lease Smart's
objective is to assist our clients in obtaining their financing
requirements, and to aid their growth to success, every step of the way.
Safe Harbor Statement
The preceding includes forward-looking statements which involve known and
unknown risks and uncertainties which may cause the Company's actual
results in future periods to differ materially from forecasted results.
Forward-looking statements above are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially due to a variety of factors, including,
without limitation, competition, intellectual property rights, litigation,
needs of liquidity, and other risks detailed from time to time in the
company's reports filed with the SEC. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, including, but
not limited to, continued acceptance of the company's products and
services, competition, new products and technological changes, as well as
any and all "other risks" associated with business.
CONTACT:
Elaine Davidson
(416) 609-8786
www.leasemart.biz
Email Contact
China Wireless Communications, Inc., CWLC), is pleased to announce that it has signed an
additional contract with the Continuous Education University of Real Estate
Management Bureau.
Tianjin Create Co., a systems integration company and subsidiary of China
Wireless Communications, has signed a contract to provide IP routing equipment
and network cabling for the Continuous Education University of Real Estate
Management Bureau. With this contract Tianjin Create Co. plans to continue to
expand its relationships with the real estate and continuing education
communities.
The Continuous Education University of Real Estate Management provides
continuing education for expert members of the real estate community. The
program includes financial management, real estate development, marketing,
property evaluation, building management, building engineering, construction
and project management. The University is the first training center for the
real estate community in China and also provides testing and evaluation for
real estate licensing.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is
focusing its efforts on becoming a premier information technology company in
China. The information technology business is developing quickly in China and
we are becoming a major player in its development. The company provides
business solutions to clients which include systems integration, broadband
data services, support for internet access and Voice over IP in China. Our
systems provide redundant high-speed network access connections, and transport
services that include IP data, video and ISP services. Another key component
to building the company's broad base information technology products and
services in China, including computer installation and maintenance, broadband
transport service, server installation maintenance and support, internet
services, broadband transport redundancy, fixed wireless transport and
information hosting.
Forward-Looking Statements:
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements." The company intends that
such statements about the Company's future expectations, including future
revenues and earnings, and all other forward-looking statements be subject to
the safe harbors created thereby. Since these statements (future operational
results and sales) involve risks and uncertainties and are subject to change
at any time, the Company's actual results may differ materially from the
expected results
CONTACT:
Michael Bowden
Chief Operations Officer
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
www.chinawirelesscommunications.com
303.277.9968 Office
SOURCE China Wireless Communications, Inc.
Contact Information:
Michael Bowden, Chief Operations Officer of China Wireless Communications, Inc., +1-303-277-9968, info@chinawirelesscommunications.com
WebSite:
http://www.chinawirelesscommunications.com
Good morning Chief, Stockz, and Team
AOGS + UPDA - Avalon Oil & Gas, Inc.,) announced today
that it has signed a Letter of Intent to acquire a fifty percent (50%)
working interest, in a 266.73-acre oil and gas lease in Starr County,
Texas, from Canyon Creek Oil and Gas, Inc. The 266.73 acre property
has four shut-in oil and gas wells.
The lease is located in the Boyle Field, an oil field that has
produced over 1,259,000 barrels of oil. Avalon Oil & Gas
conservatively estimates the remaining reserves total over 1,283,000
barrels of oil and 242,900 mcfg.
Avalon and Canyon Creek will hire an engineering firm to oversee
the implementation of a water flood project to recover the maximum
amount of oil from the reservoir. Once the water flood procedure is
fully operational, the Company projects monthly cash flow, assuming
prices of $60.00/barrel of oil and $6.50/mcfg, at nearly $500,000,
after deducting for lease royalties, operating expenses and taxes.
The Company intends to drill and complete ten additional wells
during the next twelve months to further develop the oil reserves. Oil
production is projected to reach 1,000 barrels of oil per day when the
lease is fully developed.
Canyon Creek Oil and Gas, Inc., is a subsidiary of Universal
Property Development and Acquisition Corporation (OTCBB:UPDA). UPDA
is a publicly funded oil & gas company that targets projects with high
net revenue interests, where risk has been substantially reduced by
meticulous technical evaluation and geophysics.
Avalon Oil & Gas, Inc. is an oil and gas company engaged in the
acquisition of oil and gas producing properties with multiple
enhancement opportunities.
Forward-looking statements in the release are made pursuant to the
Safe Harbor Provisions of the Private Securities Litigation Reform Act
of 1995. These forward- looking statements are subject to certain
risks, and uncertainties and actual results could differ from those
discussed. This is material information only and is not an offer or
solicitation to buy or sell the securities.
KEYWORD: NORTH AMERICA MINNESOTA TEXAS UNITED STATES
INDUSTRY KEYWORD: ENERGY OIL/GAS CONTRACT/AGREEMENT
SOURCE: Avalon Oil & Gas, Inc.
CONTACT INFORMATION:
Avalon Oil & Gas, Inc.
Kent Rodriguez, 612-359-9020
Fax: 612-359-9017
www.avalonoilinc.com
Millennium Biotechnologies Group, Inc. (MBTG) announced
today that it has entered into a letter of intent with Aisling Capital
II, LP which, if consummated, would result in the sale by Millennium's
wholly owned subsidiary of all of the assets used in Millennium's
nutraceutical business to a newly formed company controlled by Aisling
in exchange for shares of common stock of the new company. The newly
formed company would be initially capitalized by the issuance to
Aisling of $15 million in convertible preferred stock.
"We believe that this transaction further validates the viability
of Resurgex(R) products and that it will provide the capital necessary
for the Resurgex(R) product line to achieve significant market
penetration," said Jerry E. Swon, President and Chief Executive
Officer.
The letter of intent, which has been filed as an exhibit to
Millennium's Current Report on Form 8-K, is nonbinding and is subject
to various conditions, including completion of due diligence by
Aisling and approval by Millennium's stockholders.
Aisling Capital II, LP is a leading private equity fund that
invests in life science companies developing biopharmaceutical
products and creating businesses based on advanced life sciences
technology.
About Millennium Biotechnologies, Inc.
Millennium Biotechnologies, Inc. is a research-based nutraceutical
company and a pioneer in the emerging field of specialized nutritional
supplements. The company's flagship products, RESURGEX(R), RESURGEX
Plus(R), and RESURGEX Select(TM) are designed to assist in
strengthening cellular defense and supporting the immune system in
patients with cancer, HIV/AIDS, Hepatitis C, and other chronic
illnesses. Millennium Biotechnologies also owns the exclusive
medical-market rights to GliSODin(TM) (SOD/gliadin), the only orally
effective form of the important antioxidant SOD (superoxide
dismutase). Millennium Biotechnologies, Inc. is a wholly owned
subsidiary of Millennium Biotechnologies Group, Inc., a
publicly-traded company (OTC BB:MBTG.OB). For more information about
Millennium Biotechnologies, please call Frank Guarino, Chief Financial
Officer at FGuarino@Milbiotech.com or call (908) 604-2500. For more
information about the Resurgex line of products visit
www.resurgex.com.
Upon and subject to the execution of a definitive agreement
regarding the sale of its assets and the formation and capitalization
of the new company (the "Proposed Transaction"), Millennium plans to
file with the Securities and Exchange Commission and mail to its
stockholders a proxy statement which will contain information about
Millennium, the Proposed Transaction and related matters. Stockholders
are urged to read the proxy statement carefully when it is available,
as it will contain important information that stockholders should
consider before making a decision about the Proposed Transaction. In
addition to receiving the proxy statement from Millennium by mail,
stockholders also will be able to obtain the proxy statement, as well
as other filings containing information about Millennium, without
charge, from the Securities and Exchange Commission's website
(http://www.sec.gov). This announcement is neither a solicitation of
proxy, an offer to purchase, nor a solicitation of an offer to sell
shares of Millennium. Millennium and its executive officers and
directors may be deemed to be participants in the solicitation of
proxies from Millennium's stockholders with respect to the Proposed
Transaction. Information regarding any interests that Millennium's
executive officers and directors may have in the Proposed Transaction
will be set forth in the proxy statement.
This release includes certain forward-looking information that is
based upon management's beliefs as well as on assumptions made by and
data currently available to management. This information which has
been, or in the future may be, included in reliance on the "safe
harbor" provisions of the Private Securities Litigation Reform Act of
1995, is subject to a number of risks and uncertainties, including but
not limited to uncertainty as to market acceptance of our products and
the factors identified in the Company's 10-KSB and other documents
filed with the Securities and Exchange Commission. Actual results may
differ materially form those anticipated in such forward-looking
statements even if experience or future changes make it clear the any
projected results expressed or implied therein may not be realized.
The Company undertakes no obligation to update or revise any
forward-looking statements to reflect subsequent events or
circumstances.
KEYWORD: NORTH AMERICA NEW JERSEY UNITED STATES
INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY PROFESSIONAL SERVICES FINANCE RETAIL COMMUNICATIONS FOOD/BEVERAGE PUBLIC RELATIONS/INVESTOR RELATIONS FUNDING
SOURCE: Millennium Biotechnologies, Inc.
CONTACT INFORMATION:
Millennium Biotechnologies, Inc.
Frank Guarino, 908-604-2500
FGuarino@Milbiotech.com
Heritage Capital Credit Corporation (OTC:HCPC) today
announces that in 2004 and 2005, it received $1.9 million in capital
from its largest shareholders. Heritage has filed its 2005 year-end
financial statements whereby its net earnings per share in 2005 were
($0.009) versus ($0.005) in 2004. To view the year-end financial
statements, visit www.pinksheets.com.
Heritage also announces that as of this date, two of its BCLOC
Loans with a related party in the amount of $58,334,000 have
pre-closed into escrow pending funding. Funding is expected to occur
in the second quarter of 2006 through a new issuance of capital debt.
Once the two loans in escrow are funded, Heritage has 24 additional
contractual obligations to fund BCLOC Loans totaling $681 million.
Funding is expected to be completed in 2006; however, these 24
contracts may be replaced before funding.
For more information, visit our websites:
www.IndependentCapitalCreditCorp.com and
www.HeritageCapitalCreditCorp.com.
This press release may contain forward-looking statements within
the meaning of federal securities laws that involve significant risk
and uncertainties. The words "estimate," "possible," "seeking," and
similar expressions identify forward-looking statements, which speak
only as to the date the statement was made. The Company 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 inherently subject to risk
and uncertainties, some of which cannot be predicated or quantified.
Future events and actual results could differ materially from those
set forth in, contemplated by, or underlying the forward-looking
statements. The risks and uncertainties to which forward-looking
statements are subject include, but are not limited to, the effect of
government regulation, competition and other material risk.
KEYWORD: NORTH AMERICA DELAWARE UNITED STATES
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE FUNDING
SOURCE: Heritage Capital Credit Corporation
CONTACT INFORMATION:
Heritage Capital Credit Corporation, Wilmington
Johanna W Daye, 302-778-4222
Lifeline Biotechnologies, Inc. LBTN)
announced today that May 1, 2006 will be the date on which the stock
dividend will be issued to its shareholders of record as of April 14, 2006.
The dividend will total approximately 50 million unrestricted shares of
LBTN. Lifeline Biotechnologies' shareholders are expected to receive
approximately one and a half shares of LBTN for every ten shares already
owned on the record date.
"We are very excited to announce the pay date for our stock dividend. We
believe that this will add a considerable value for our shareholders.
Further, this dividend should help the stock reflect a share price that is
more truly representative of the actual value of Lifeline Biotechnologies,
Inc. We appreciate our shareholders and are pleased to recognize their
loyalty," stated Jim Holmes, CEO of Lifeline Biotechnologies, Inc.
About Lifeline Biotechnologies, Inc.
Lifeline Biotechnologies, Inc. is a company with innovative medical
technologies committed to the improvement of the quality of life through
exceptional health care systems. These technologies focus on prevention,
early detection, diagnosis and quick recovery of a number of disease
conditions. The company's technologies, designed to assist in the early
detection of cancers, deal with cutting edge innovation to assist
practicing physicians in the delivery of quality medical care. The
MastaScope(TM) is used to assist in the early detection of cancer and other
abnormalities of the breast. The MastaScope(TM) has completed development
and has entered the marketplace in the US and internationally. The First
Warning System(TM) for assisting in the early detection of breast cancer
and the OvaScope(TM) for assisting in the early detection of ovarian cancer
are continuing to be developed by the company. More information is
available at the company's website: www.lbti.com.
Safe Harbor This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements. Investors
are cautioned that forward-looking statements are inherently uncertain.
Actual performance and results may differ materially from that projected or
suggested herein due to certain risks and uncertainties including, without
limitation, ability to obtain financing and regulatory and shareholder
approval for anticipated actions.
Contact:
Big Apple Consulting USA, Inc.
for Lifeline Biotechnologies, Inc.
Investor Relations
Rodney Marvel
407-884-0444 or 1-866-THE-APPLE
!!! Smart-tek Solutions, Inc.
(OTCBB:STTK) and its subsidiary, Smart-tek Communications, Inc. announced today
that the Internet posting about the company on stocklemon.com is baseless,
untrue and inaccurate. The erroneous Internet posting is believed to be timed
in connection with short position holders and market manipulators.
The company has referred the matter to its attorneys and will vigorously seek
legal action against stocklemon.com.
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
CyberCare, Inc. ("CyberCare") (Pink Sheets:CYBR) today
announced the following progress by U.S. Sustainable Energy
Corporation, the intended Plan of Reorganization proponent, and
surviving entity after CyberCare emerges from reorganization
proceedings.
U.S. Sustainable Energy Corporation ("the Company") has received
an inducement into tax-exempt Industrial Revenue Bond (IRB) Gulf
Opportunity Zone financing in the amount of $50 million under the
Rural Economic Development Finance Program in the Port of Natchez,
Adams County, Mississippi.
The approval and inducement came after an extensive review of the
potential of the Company's technologies to produce Bio Fuels,
including Bio Diesel, from readily available agricultural feedstocks.
U.S. Sustainable Energy comprises a family of technologies that
focus on the development of energy from sustainable sources, and the
conversion of waste into energy or other usable products.
The Company's technologies will include the rights to the patents
and intellectual property currently contained in EarthFirst
Technologies, Inc. (OTCBB:EFTI).
Investors are cautioned that certain statements contained in this
document as well as some statements in periodic press releases and
some oral statements of CyberCare officials are "Forward-Looking
Statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 (the "Act"). Forward-Looking statements include
statements which are predictive in nature, which depend upon or refer
to future events or conditions, which include words such as
"believes," "anticipates," "intends," "plans," "expects," and similar
expressions. In addition, any statements concerning future financial
performance (including future revenues, earnings or growth rates),
ongoing business strategies or prospects, and possible future
CyberCare actions, which may be provided by management, are also
forward-looking statements as defined by the Act. Forward-Looking
statements involve known and unknown risks, uncertainties, and other
factors which may cause the actual results, performance or
achievements of the Company to materially differ from any future
results, performance or achievements expressed or implied by such
forward-looking statements and to vary significantly from reporting
period to reporting period. Although management believes that the
assumptions will, in fact, prove to be correct or that actual future
results will not be different from the expectations expressed in this
report. These statements are not guarantees of future performance and
CyberCare has no specific intention to update these statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS NATURAL RESOURCES AGRICULTURE ENVIRONMENT
SOURCE: CyberCare, Inc.
CONTACT INFORMATION:
CyberCare, Inc., Tampa
John Stanton, 813-621-4641
mPhase Technologies (OTCBB: XDSL)
today asserted that the proposed combination of Lucent Technologies
and Alcatel could enhance collaboration with the merged enterprise.
In a statement, Ronald A. Durando said:
"The proposed Lucent and Alcatel merger could lead to enhanced
opportunities for mPhase. Both Lucent and Alcatel are committed to
leveraging their intellectual property. The Lucent-mPhase relationship
remains strong and focused on commercializing Bell Labs innovations
like our nanostructured battery and magnetometer.
"As we maintain this momentum with our dedicated Bell Labs
development team as part a stronger, consolidated company, we will
look forward to strengthen our nanotechnology business with increased
investment."
Durando noted that the nanobattery development was featured in the
February, 2006 edition of Scientific American. Titled, "Miniaturized
Power," the four-page article noted that Bell Labs, where the
transistor was invented, "has now become involved with the reinvention
of the battery" by shrinking electrodes to nanometer scales.
A Lucent-Alcatel Merger Update is posted at
http://www.lucent.com/investor/.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTCBB: XDSL) develops and commercializes
next-generation telecommunications and nanotechnology solutions,
delivering novel systems to the marketplace that advance functionality
and reduce costs. The company, awarded the 2005 Frost & Sullivan
Excellence in Technology Award and the Nano 50 Award from NASA
Nanotech Briefs, is bringing nanotechnology out of the laboratory and
into the market with a planned innovative long life power cell.
Additionally, the company is working on prototype ultra-sensitive
magnetometers that promise up to a 1,000-fold increase in sensitivity
as compared with available uncooled sensors. More information is
available at the mPhase Web site at www.mPhaseTech.com.
Safe Harbor Statement
This news release contains forward-looking statements related to
future growth and earnings opportunities. Such statements are based
upon certain assumptions and assessments made by management of the
company in light of current conditions, expected future developments
and other factors it believes to be appropriate. Actual results may
differ as a result of factors over which the company has no control.
KEYWORD: NORTH AMERICA NEW JERSEY UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE TELECOMMUNICATIONS MERGER/ACQUISITION
SOURCE: mPhase Technologies, Inc.
CONTACT INFORMATION:
Media:
TMI
Sam Gronner, 201-592-7896
sam@technovative.com
or
Investors:
973-256-3737 x 110
Medical Staffing Solutions, Inc. MSSI), an
established provider of medical personnel, technology services and
homeland security products to government and commercial clients, is
pleased to announce it has signed a contract renewal with Deer's Head
Hospital Center in Salisbury, Maryland through its wholly-owned
subsidiary TeleScience International, Inc.
Under the terms of the contract, MSSI will provide Registered
Nurse (RN), Licensed Practical Nurse (LPN) and Geriatric Nursing
Assistant (GNA) services to the 90-bed rehab and chronic care center.
The contract has been formally renewed for the period of May 1, 2006 -
April 30, 2007.
MSSI Chairman and CEO, Dr. BB Sahay, stated, "The inaugural
contract was formally awarded to MSSI subsidiary TeleScience
International, Inc. by the Maryland Department of Health and Mental
Hygiene (DHMH) in 2004. For the past year MSSI successfully provided
nursing services to the facility." Dr Sahay continued to say, "A
contract renewal such as this one is a testament to the quality of
service and expertise MSSI provides when given the opportunity. We
continue to set a benchmark in the industry as a premier provider of
medical staffing services."
For all future Medical Staffing Solutions investor relations
needs, investors are asked to visit the Medical Staffing Solutions IR
Hub at http://www.agoracom.com/IR/MedicalStaffing where they can post
questions and receive answers within the same day, or simply review
questions and answers posted by other investors. Alternatively,
investors are able to e-mail all questions and correspondence to
MSSI@agoracom.com where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real
time.
About MSSI-TeleScience
www.telescience.com
In operation since 1992, MSSI-TeleScience International, Inc. is a
provider of long-term medical personnel, homeland security and
technology services to federal, state and local government agencies
and to the private sector. The company's Medical Services Division has
operations in 22 states servicing hospital and medical facilities with
a complete range of medical staff, including doctors, nurses and
technicians. The company holds multiple long-term contracts, including
those with the U.S. Army, the U.S. Department of Health and Human
Services and the state of California.
The company's Technology Division provides systems integration and
information technology services to the federal government, as well as
emergency equipment, decontamination products, vehicles and supplies
to state and local governments.
MSSI-TeleScience International currently has over 200 employees
and continues to grow its staff and contracts.
About Nurses Onsite Corp.
www.nurses-prn.com
Nurses Onsite is a provider of nurse staffing services to acute
care facilities nationwide. The company operates a network of 13
staffing locations in 9 states, serving over 200 hospitals. These
locations primarily focus on placing per diem nurses on an "as needed"
basis to hospitals facing a critical shortage of staff nurses. Based
in West Palm Beach, Florida, Nurses Onsite employs over 1,200 nurses
and 30 executive, management and administrative staff. Having grown
organically since inception in 2002, the company has been invited into
new markets by some of the nation's largest hospital chains because of
its cost efficient streamlined delivery model.
Nurses Onsite plans to expand services rapidly by leveraging its
recruiting technology in the recently launched National Recruiting
Center.
Legal Notice Regarding Forward-Looking Statements:
"Forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this news release.
These statements relate to future events or our future financial
performance. These statements are only predictions and may differ
materially from actual future results or events. MSSI-TeleScience
disclaims any intention or obligation to revise any forward-looking
statements whether as a result of new information, future developments
or otherwise. There are important risk factors that could cause actual
results to differ from those contained in forward-looking statements,
including, but not limited to, risks associated with changes in
general economic and business conditions (including in the information
technology and financial information industry), actions of our
competitors, the extent to which we are able to develop new services
and markets for our services, the time and expense involved in such
development activities, the level of demand, market acceptance of our
services and changes in our business strategies.
KEYWORD: NORTH AMERICA DISTRICT OF COLUMBIA VIRGINIA UNITED STATES
INDUSTRY KEYWORD: SENIORS WOMEN YOUTH TECHNOLOGY GOVERNMENT DATA MANAGEMENT DEFENSE HARDWARE FEDERAL INTERNET GOVERNMENT AGENCIES NETWORKS LABOR SOFTWARE TELECOMMUNICATIONS LOBBIES/SPECIAL INTEREST PUBLIC POLICY/LEGISLATION STATE/LOCAL HEALTH MANUFACTURING ENGINEERING NATURAL RESOURCES ENVIRONMENT PROFESSIONAL SERVICES ACCOUNTING BANKING CONSULTING FINANCE HUMAN RESOURCES LEGAL COMMUNICATIONS ADVERTISING MARKETING PUBLIC RELATIONS/INVESTOR RELATIONS CONSTRUCTION & PROPERTY CONSUMER FAMILY GAY & LESBIAN MEN CONTRACT/AGREEMENT
SOURCE: Medical Staffing Solutions, Inc.
CONTACT INFORMATION:
Medical Staffing Solutions, Inc.
Reeba Magulick, 703-637-3244
or
Investor Relations:
AGORACOM Investor Relations
http://www.agoracom.com/IR/MedicalStaffing
MSSI@Agoracom.com
CytoCore, Inc. (OTCBB:MCDG) formerly Molecular
Diagnostics, Inc., and Diamics, Inc. have amicably resolved the
dispute between them pertaining to allegations of trade secret
misappropriation, unfair competition, patent infringement, copyright
infringement and other causes of action raised on connection with
litigation in Federal District Court in San Francisco, Civil Action
No. C-05-02549 SI.
About CytoCore Inc.
CytoCore develops cost-effective cancer screening systems, which
can be utilized in a laboratory or at the point-of-care, to assist in
the early detection of cervical, endometrial, and other cancers. The
InPath(TM) System is being developed to provide medical practitioners
with a highly accurate, low-cost, cervical cancer screening and
treatment system that can be integrated into existing medical models
or at the point-of-care. More information is available at:
www.Molecular-Dx.com
Certain statements in this release are forward-looking. These
statements are based on CytoCore's current expectations and involve
many risks and uncertainties, such as the company's inability to
obtain sufficient financing, the possibility that clinical trials will
not substantiate CytoCore's expectations with respect to the
InPath(TM) System, and other factors set forth in reports and
documents filed by CytoCore with the Securities and Exchange
Commission. Actual results may differ materially from CytoCore's
current expectation depending upon a number of factors affecting the
Company's business. These factors include, among others, risks and
uncertainties detailed in the Company's periodic public filings with
the Securities and Exchange Commission, including but not limited to
the Company's Annual Report on Form 10-K for the year ended December
31, 2004 and its Quarterly Reports on Form 10-QSB for the quarters
ended June 30, 2005 and September 30, 2005. Except as expressly
required by law, CytoCore undertakes no obligation to publicly update
or revise any forward-looking statements contained herein.
KEYWORD: NORTH AMERICA ILLINOIS UNITED STATES
INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY MEDICAL DEVICES ONCOLOGY RESEARCH & SCIENCE
SOURCE: CytoCore, Inc.
CONTACT INFORMATION:
For Molecular Diagnostics, Inc.
Gene Martineau, 212-348-1852
ebm@interport.net
HuntMountain Resources (OTCBB:HNTM) is pleased to
announce it has entered into a letter agreement with Diagnos, Inc.
(TSX VENTURE:ADK) obtaining an option to acquire a 100 percent
interest in two prospective gold properties in the prominent
Chibougamau and Abitibi regions of northwestern Quebec. The projects
consist of 44 claims covering approximately 6,100 acres of terrain
known to host high-grade gold mineralization within regions that have
collectively produced approximately 180 million ounces of gold.
HuntMountain will earn its interest by paying $35,000 in cash,
issuing common stock valuing $35,000, and conducting exploration
drilling within each project area. Diagnos will assist in preliminary
target identification through the use of its comprehensive Artificial
Intelligence software application, CARDS. After making these
expenditures, HuntMountain will have the option to acquire an
additional seven properties from Diagnos in Quebec. A formal option
agreement between the parties is forthcoming.
"After evaluating a number of prospects throughout Canada over the
past year, we are delighted to make this commitment in Quebec and look
forward to working with Diagnos in the development of these
properties," said President and Chairman Tim Hunt. "In our efforts to
diversify HuntMountain's project portfolio and manage risk, we see
these acquisitions in Quebec as a key aspect of building shareholder
value in one of the world's best regions for exploration."
The Fraser Institute has rated Quebec Province as the 5th most
desirable jurisdiction worldwide to conduct mining and exploration
operations according to its 2005/06 Policy Potential Index.
HuntMountain Resources is a U.S.-based junior exploration company
engaged in acquiring, exploring and developing precious and base
metals properties throughout North and South America. The Company
currently holds properties in Nevada, Quebec, and Santa Cruz Province,
Argentina.
This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act and Section 21E of
the Exchange Act. Forward-looking statements are inherently subject to
risks and uncertainties, many of which cannot be predicted with
accuracy, and some of which might not even be anticipated. This news
release is neither a prospectus nor an offer to sell securities or
stocks in the company. It is intended for informational purposes only.
KEYWORD: NORTH AMERICA WASHINGTON UNITED STATES CANADA
INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS CONTRACT/AGREEMENT
SOURCE: HuntMountain Resources
CONTACT INFORMATION:
HuntMountain Resources
Steve Taylor, Director of Investor Relations
509-892-5287
staylor@huntmountain.com
www.huntmountain.com
Kronos Advanced Technologies, Inc. KNOS) announced today that its Russian business partner, EOL, LLC, has
successfully achieved the first milestone in developing Kronos-based air
purification devices for medical facilities and is currently ahead of schedule
as EOL manages toward a product launch in the Fall of 2006. EOL has completed
the product design and initiated product development. Having completed the
electronics and purification arrays in conjunction with Kronos, EOL is
positioned to begin product certification by the Russian Research Institute of
Medical Equipment for use of the Kronos-based products in medical facilities,
the first such certification to be received for the Kronos technology.
"We are pleased that EOL is working so effectively to get a commercial product
to market for the Commonwealth of Independent States' (CIS) medical community,"
said Kronos President and Chief Executive Officer Daniel R. Dwight. "They expect
to have a prototype completed in April and anticipate the commencement of
production this Summer."
The development of the airborne disease fighting product comes amidst rising
concerns about poor air quality, increased rates of in-hospital infection and
growing worldwide concern about the spread of Avian Flu and its projected impact
on business.
Tests conducted by The Disinfection Research Institute Sterilization Laboratory
in Moscow found that the Kronos air purification technology achieved 100%
decontamination in a room contaminated with strains of airborne bacteria spores
(Staphylococcus aureus strain 906 (S. aureus) and Bacillus cereus strain 96 (B.
cereus)). Other tests by The Institute for Veterinary Medicine in the Ukraine
found that Kronos' technology sterilized and destroyed air contaminated with
Anthrax and E.Coli (Bac.anthracis K-79Z and E.coli M-17). According to studies
published by the Moscow State Medical University, E.coli and S. aureus. are the
leading causes of in-hospital patient infection in Russia with as many as 5% of
all admitted patients becoming infected. Based on these findings and additional
ongoing testing, the Institute said it believes that the Kronos' devices are
capable of sterilizing and destroying air that may be contaminated with other
microflora, including Avian (Bird) Flu and Severe Acute Respiratory Syndrome
associated corona virus (SARS-CoV).
Dr. Mikhail Shandala, Director of the Disinfection Research Institute
Sterilization Laboratory who oversaw the Moscow testing previously noted that
the Kronos-based product will help medical organizations fight the spread of
in-hospital infection, decrease the length of hospital stays and reduce patient
treatment costs.
In January 2006, Kronos licensed its technology to Korolev-based EOL, a Russian
Federation corporation, to produce, market, and distribute commercial air
purification products, bacteriological and virus destruction devices and space
heaters in select CIS states including Russia, Ukraine, Kazakhstan, Moldova and
Byelorussia. EOL plans to assemble the finished products in Russia from
components supplied both locally and from contract manufacturers in China.
About Kronos Advanced Technologies, Inc.
Through its wholly-owned subsidiary, Kronos Air Technologies, Inc., Kronos
Advanced Technologies has developed a new, proprietary air movement and
purification system that utilizes state-of-the-art high voltage electronics and
electrodes to silently move and clean air without any moving parts. Kronos is
actively commercializing its technology for standalone and embedded products
across multiple residential, commercial, industrial and military markets.
Kronos' technology is versatile, energy- and cost-efficient and exhibits
multiple design attributes, creating a broad range of applications. The
Company's business strategy includes a combination of building internal
capabilities, establishing strategic alliances and structuring licensing
arrangements. Kronos Advanced Technologies is located in Belmont, MA. More
information about Kronos Advanced Technologies is available at
www.kronosati.com.
Forward Looking Statements
With the exception of historical information contained in this press release,
this press release includes forward-looking statements and comments. Such
statements are necessarily subject to risks and uncertainties, some of which are
significant in scope and nature beyond the Company's control. Forward-looking
statements, by their nature, involve substantial risks and uncertainties. As a
result, actual results may differ materially depending on many factors,
including those described above. The Company cautions that historical results
are not necessarily indicative of the Company's future performance. Other risks
are summarized under the caption "Factors Affecting Kronos' Business and
Prospects" in the Company's Annual Report on Form 10-KSB for the year ended June
30, 2005 as filed with the Securities and Exchange Commission.
The Kronos Advanced Technologies, Inc. logo is available at:
http://www.primezone.com/newsroom/prs/?pkgid=1888
CONTACT: Kronos Advanced Technologies, Inc.
PR Contact:
Patty McDonough Kennedy
Kennedy Spencer
212-828-6266
The Wall Street Group, Inc.
IR Contact:
Ron Stabiner
212-888-4848
Triangle Multi-Media Limited Inc. QBID)
announces that its will be unable to deliver audited financial statements
due to the lack of required accounting records. In a March 24, 2006 press
release, Lloyd Fan stated he was working on the Triangle Multi-Media books
and hoped to release a financial statement in order to allow shareholders
the fundamental data needed to make educated decisions on their
investments.
Mr. Fan has worked diligently since March 7, 2006, the date of his
appointment as Chairman and CEO of Triangle Multi-Media, to turn over all
financial records to its accountant to have an audit conducted. "Day by
day, it became more apparent that the proper records were not kept and that
the necessary support documents for accounting entries are not available,"
stated Mr. Fan. "I am deeply disappointed by these discoveries and am
working to find alternative solutions for the company," added Fan.
Additionally, Triangle Multi-Media's wholly owned subsidiary Q Television
Network, Inc. was notified by an affiliate that its signal will be dropped
in one market effective April 7, 2006.
Mr. Fan was unable to cure the late payments due to the financial
difficulties caused by QTN's former management. At this time, it appears
that the actual liabilities of Triangle Multi-Media and QTN are greater
than the former management team had indicated. Mr. Fan has also discovered
information that may indicate considerable accounting irregularities in
Triangle Multi-Media.
Despite the challenges presented by the continuing investigation into the
financial situation, Mr. Fan remains optimistic about the viability of the
network.
About Q Television Network:
Q Television Network is a 100% wholly owned subsidiary of Triangle
Multi-Media. This 24/7, premium television network is organized to create,
develop and feature television programming for the gay and lesbian
community, including live & interactive content every weeknight, plus
sports, information and entertainment. While the company expects much of
its subscriber base to be comprised of members of the gay and lesbian
population, management also believes that quality programming about the gay
and lesbian experience, designed to entertain, educate and inform, will
attract many other segments of the viewing public.
The company's programming is available on a subscription basis to those
desiring to subscribe. The monthly fee varies by region of the country. The
network is telecast 24 hours per day, 7 days per week and features a
variety of live and original programming. Q Television is available on such
blue chip cable systems as Time Warner, Cox communications and RCN, among
others, with availability approaching 3 million digital cable households in
the U.S. Q Television Network is the official network of Gay Games® VII.
The network is also ad-supported. For further information on programming
and subscriptions, please visit www.qtelevision.com.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press
release may be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such matters involve risks and
uncertainties that may cause actual results to differ materially, including
the following: changes in economic conditions; general competitive factors;
the television network's ability to execute its business model and
strategic plans; and the risks described from time to time in the company's
Securities and Exchange Commission filings.
Contacts:
Corporate Contact
818-848-5800
TMM Investor Relations
Richard Brown
Equity Relations, Inc
(617) 314-7379
Staff@EquityRelations.com
Nutra Pharma Corp. NPHC), a biotechnology company that is developing drugs for HIV and Multiple
Sclerosis, has announced that Designer Diagnostics, a wholly owned
subsidiary of Nutra Pharma, will begin sales of its Test Kits for the rapid
identification of NonTuberculosis Mycobacterium (NTM).
"The Designer Diagnostics NTM Test Kits provide the medical community with
a fast, reliable, and easy method for testing HIV/AIDS patients for
non-tubercular mycobacterium such as M. Avium, Nocardia and Pseudomonas,"
explained Dr. Robert Ollar, Chairman of the Scientific Advisory Board at
Designer Diagnostics. "The Test Kits require no special equipment or
refrigeration, allowing them to be easily used in the field," he concluded.
The product launch was made during a recent CME (Continuing Medical
Education) Conference, which focused on the technology offered by Designer
Diagnostics and the coming pandemic of NTM diseases. Dr. P. Narang, a
noted microbiologist and the Dean of The Mahatma Gandhi Institute of
Medical Science in Sevagram, India, hosted the Conference, which included
guest lecturers from the World Health Organization (WHO), Grant Medical
College, the National JALMA Institute for Leprosy and Other Mycobacterial
Diseases, JJ Hospital Mumbai, the Mahatma Gandhi Institute, and Designer
Diagnostics Inc.
"The NTM Test Kits address a huge market for Designer Diagnostics,"
explained Neil Roth, President of Designer Diagnostics. "NTMs and
Tuberculosis (TB) account for the majority of deaths in HIV/AIDS patients.
The occurrence of NTMs is dramatically increasing as the number of HIV/AIDS
and other immuno-suppressed patients increase. There are currently more
than 40 million people who should be tested for these diseases," he
concluded.
About Nutra Pharma Corp.
Nutra Pharma Corp. is a biopharmaceutical company specializing in the
acquisition, licensing and commercialization of pharmaceutical products and
technologies for the management of neurological disorders, cancer,
autoimmune and infectious diseases. Nutra Pharma Corp. through its
subsidiaries carries out basic drug discovery research and clinical
development and also seeks strategic licensing partnerships to reduce the
risks associated with the drug development process. The Company's holding,
ReceptoPharm, Inc, is developing technologies for the production of drugs
for HIV and Multiple Sclerosis ("MS"). The Company's subsidiary, Designer
Diagnostics is engaged in the research and development of diagnostic test
kits designed to be used for the rapid identification of infectious
diseases such as Tuberculosis (TB) and Mycobacterium avium-intracellulare
(MAI). Nutra Pharma continues to identify and acquire intellectual property
and companies in the biotechnology arena.
http://www.NutraPharma.com
http://www.DesignerDiagnostics.com
This press release contains forward-looking statements. The words or
phrases "would be," "will allow," "intends to," "will likely result," "are
expected to," "will continue," "is anticipated," "estimate," "project," or
similar expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in Nutra
Pharma's ("the Company") business plan. The Company's business is subject
to various risks, which are discussed in the Company's filings with the
Securities and Exchange Commission ("SEC"). The launch of the NTM kits
should not be construed as an indication in any way whatsoever of the value
of the Company or its common stock. The Company's filings may be accessed
at the SEC's Edgar system at www.sec.gov. Statements made herein are as of
the date of this press release and should not be relied upon as of any
subsequent date. The Company cautions readers not to place reliance on such
statements. Unless otherwise required by applicable law, we do not
undertake, and we specifically disclaim any obligation, to update any
forward-looking statements to reflect occurrences, developments,
unanticipated events or circumstances after the date of such statement.
CONTACT:
Investor Relations
David Isserman
877-895-5647
IR@nutrapharma.com
GenoMed Inc. GMED), a St. Louis, Missouri-based Next Generation
Disease Management company, announced today that it has partnered with
Dressage.com, a widely respected website in the equestrian community, to
publicize its free trial for West Nile virus encephalitis in horses.
GenoMed has been using safe, already existing pills to treat West Nile
virus encephalitis in humans for the past 3 summers, and in birds for the past
2 summers. In humans, GenoMed's treatment approach is running better than an
85% success rate (19 patients out of 22). The first 8 patients were published
in a peer-reviewed medical journal in 2004. GenoMed's treatment has been used
in a smaller number of birds (only 12), with a 50% save rate. This is quite
good, since the disease is uniformly fatal, and the birds are found on their
last legs, so to speak.
Said Kyra Beth Houston, Editor of Dressage.com, "For years, veterinarians
have been treating WNV in horses with non-steroidal anti-inflammatory drugs,
in line with GenoMed's treatment approach. We're happy to help get the word
out about GenoMed's clinical trial. Although a reliable WNV vaccine exists for
horses, it's always good to have a back-up treatment in case the horse doesn't
get vaccinated for some reason. And our readers will be relieved to know that
they can join GenoMed's trial if they come down with WNV themselves."
Added David Moskowitz, MD, GenoMed's CEO and Chief Medical Officer, "We
think that the animals (and humans) who get into trouble from the virus do so
because they over-react to it. If anything, their immune response is too
strong, not too weak, as is still claimed for humans. This explains why most
of the people who die of WNV were so healthy beforehand."
To enroll in GenoMed's free clinical trial, which uses existing, safe
medication already present in every drug store, just go to
http://www.genomed.com and click on the link for the West Nile virus trial.
GenoMed's approach may work against most viruses, including avian influenza
("bird flu").
About GenoMed
GenoMed has found what it believes to be the "master" disease gene, and
has already been able to prevent kidney failure due to diabetes and
hypertension in whites, blacks and Hispanics; dramatically delay the
progression of end-stage emphysema; and begin to see success in treating
cancer and autoimmune diseases. GenoMed's broad-spectrum anti-viral approach
was specifically mentioned in BioShield II (see Section 2151 of Senate bill S.
975). GenoMed has recently found several thousand genes for the top six solid
cancers in Caucasians -- breast, colon, lung, ovarian, pancreatic, and
prostate -- and is currently offering its Healthchip(r) for early diagnosis of
cancer on a research basis.
Safe Harbor Statement
This press release contains forward-looking statements, including those
statements pertaining to GenoMed, Inc.'s (the Company's) finances and
treatments. The words or phrases "ought to," "should," "could," "may," or
similar expressions are intended to identify "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and uncertainties,
including but not limited to our research and development being subject to
scientific, economic, regulatory, governmental, and technological factors.
Statements made herein are as of the date of this press release and should not
be relied upon as of any subsequent date. Unless otherwise required by
applicable law, we specifically disclaim any obligation to update any forward-
looking statements to reflect occurrences, developments, unanticipated events
or circumstances after the date of such statement.
SOURCE GenoMed Inc.
Contact Information:
David Moskowitz MD of GenoMed, Inc., +1-314-983-9938, dwmoskowitz@genomed.com , or Kyra Beth Houston, CEO of Dressage un Ltd - Dressage.com , +1-918-234-1042, Ky@Dressage.com
WebSite:
http://www.genomed.com
Financial Access Solutions Technology FLST)
announced today that a special meeting of shareholders would be held on May
3, 2006 at the Sheraton Montreal at 2pm.
The special meeting of shareholders is being called by the board of
directors to solicit the vote by shareholders to approve and or reject the
unsolicited stock purchase offer by Puma Access Inc. at a price of $0.10
per share in an all cash transaction.
About Financial Access Solutions Technology Inc.
Financial Access Solutions Technology Inc. (OTC: FLST), a technology
provider specializing in
point-of-sale, cash and treasury, card products, and transactional software
solutions for North American merchants. The company operates a wholly owned
subsidiary named DM2 Technology, and markets the latest in
point-of-sale (POS) terminals and software allowing merchants to
efficiently process Debit and Credit card transactions. The company also
markets prepaid debit and credit cards through its North American Merchant
Client Network.
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:
Financial Access Solutions Technology Inc.
Tony Papa
President
(514) 576-0088
www.dm2debit.com
Vision Works Media Group, Inc. VWKM) announce updates on share structure, post New Screen TV launch and
updated monthly revenue projections.
Management reconfirms that there is no reverse split scheduled and
that shareholder confidence is of the highest priority. Mark Astrom,
New Screen TV's President, said, "New Screen TV has been a vision
years in the making. We have achieved goal are of national satellite
distribution in two years, ahead of schedule. New Screen TV has
already made history by launching nationwide this past Saturday.
Together we will continue to make history as we attain each and every
goal we set for the future."
The projected revenues for New Screen TV and the company's video
on demand service - New Screen Films On Demand - are expected to reach
$3,200,000 monthly.
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 TECHNOLOGY CONSUMER ELECTRONICS HARDWARE INTERNET NETWORKS PRODUCT/SERVICE
SOURCE: Vision Works Media Group, Inc.
CONTACT INFORMATION:
Vision Works Media Group, Inc.
Naseem Shah, 407-401-8935
FAX: 407-843-5997
http://www.vswm.com
Wits Basin Precious Minerals Inc. WITM) today
releases their 5th consecutive set of assay results. Grades of ore for
gold run as high as 1.126 ounces per ton and over 5 ounces per ton for
silver. Vance White, CEO, commented, "We are very pleased to report
these newest assay results from our Bates-Hunter project. This
affirmation of continued positive assay results confirms our belief
that the archival historical information is accurate." White
continued, "Based on this archival data, the historical assays of the
geologist, Williamson, showed an average grade of ore of 1.14 ounces
over 64 samples. With this type of information, we believe this
current vein may host well over 1 million ounces of gold."
Results as reported by Brian Alers (PGeol) include, "Rock chip
samples from a vein exposed in a support pillar on the -163 level of
the Bates-Hunter Gold Mine, contain up to 1.126 ounces of gold per ton
and 5.55 ounces of silver per ton. A 1.9 foot wide channel sample
across the pillar contained up to 0.426 ounces of gold per ton and
2.05 ounces of silver per ton. Trace element geochemistry results
indicate that the vein contains very fine-grained gold and silver
telluride minerals."
-0-
*T
----------------------------------------------------------------------
Number Type Location Au Ag
(Gold) (Silver)
----------------------------------------------------------------------
BH-5072 Grab-HG 163 W 12 ft pil Underground 1.126 5.55
----------------------------------------------------------------------
BH-5073 Grab-HG 163 W 12 ft pil Underground 0.525 3.01
----------------------------------------------------------------------
BH-5074 Grab-HG 163 W 12 ft pil Underground 0.508 6.57
----------------------------------------------------------------------
BH-5075 1.9 ft channel 163 W 12 ft spil Underground 0.426 2.05
----------------------------------------------------------------------
BH-5076 2.9 ft channel 163 W 12 ft npil Underground 0.018 0.09
----------------------------------------------------------------------
BH-5077 1.9 ft channel 163 W 80 ft srib Underground 0.001 0.03
----------------------------------------------------------------------
BH-5078 Grab 163 SW 14 ft Underground 0.004 0.10
----------------------------------------------------------------------
*T
Drilling Update
At the Bates-Hunter mine, the water level is currently below the
200 foot mark. Dewatering continues and the Company is preparing the
drill station location needed to commence the underground core sample
drilling. The target areas are the multiple parallel vein structures
surrounding the Bates-Hunter vein. The current plans include fan
drilling of at least 6 to 8 holes and to be able to report the results
by the end of May 2006.
About Wits Basin Precious Minerals Inc.
We are a minerals exploration and development company holding
interests in three exploration projects and currently do not claim to
have any mineral reserves on any project. Our common stock trades on
the Over-the-Counter Bulletin Board under the symbol "WITM." To find
out more about Wits Basin Precious Minerals Inc. (OTCBB: WITM) visit
our website at www.witsbasin.com.
Forward-Looking Statements and Risk Factors
Certain statements contained in this press release are
forward-looking in nature and are based on the current beliefs and
assumptions of our management. Words like "may," "could," "should,"
"anticipate," "believe," "estimate," "expect," "intend," "plan,"
"predict," and similar expressions and their variants may be used to
identify forward-looking statements. Such statements are valid only as
of today, and we disclaim any obligation to update this information.
These statements are subject to known and unknown risks and
uncertainties that may cause actual future experience and results to
differ materially from the statements made. These statements are based
on our current beliefs and expectations as to such future outcomes.
The exploration for and development of mineral deposits involves
significant financial risks, which even experience and knowledge may
not eliminate, regardless of the amount of careful evaluation applied
to a process. While the discovery of a mineral deposit may result in
substantial rewards, few properties are ultimately developed into
producing mines. Moreover, we cannot make any estimates regarding
probable reserves and mineral resources in connection with any of our
projects and any estimates relating to possible reserves are subject
to significant risks. Therefore, no assurance can be given that any
size of reserves or grades of reserves will be realized. If a
discovery is made, the mineral deposit discovered, assuming
recoverable, may differ from the reserves and mineral resources
already discovered and recovered by others in the same region of the
planned areas of exploration.
The cost of exploration and exploitation can be extensive and
there is no assurance that we will have the resources necessary or the
financing available to pursue projects we currently hold interests in
or to acquire interests in other mineral exploration projects that may
become available. The risks are numerous and detailed information
regarding these risks may be found in filings made by us with the
Securities and Exchange Commission, including our most recent annual
report on Form 10-KSB, quarterly reports on Form 10-QSB and reports on
Form 8-K.
KEYWORD: NORTH AMERICA MINNESOTA UNITED STATES
INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS PRODUCT/SERVICE
SOURCE: Wits Basin Precious Minerals Inc.
CONTACT INFORMATION:
Wits Basin Precious Minerals Inc., Minneapolis
Stephen King, 612-490-3419
or
Vance White, 866-214-WITM(9486)
or
Redwood Consultants, LLC
Jens Dalsgaard, 415-884-0348
InvestorInfo@RedwoodConsultants.com
De Greko Inc. DGKO) a holding company that specializes in consolidating revenue-generating companies, today
announced that it has retained the services of "Prestige Asia" to
facilitate the distribution of Clixme in the Asian market.
PRESTIGE ASIA WILL BRING CLIXME TO LUCRATIVE ASIAN MARKET
Following the successful launch of Clixme by De Greko's Communication
subsidiary, the company initiated an aggressive search for a company that
would be able to market the Clixme product to the Asian market. Prestige
Asia's proven strategies have helped many North American-based companies
penetrate the Asian Market.
Following a due diligence process, the company decided that Prestige Asia's
expertise was unparalleled. Prestige Asia will immediately work on
business initiatives that will enhance the distribution of Clixme in Asia
and in particular Thailand. Prestige Asia's professional experts will
target an Asian population that has reached over 3.6 Billion people.
Prestige will act as a marketing and sales representative for DeGreko.
Ms. Sutida Suwunnavid, President of Prestige Asia, stated, "Our track
record in Asia and in particularly, Thailand is unparalleled. Having
witnessed the Clixme product I have no doubt that we will be able to
penetrate the Asian Market as we have with our other clients."
"The company is now fully prepared to move forward with a Clixme launch in
Asia," stated Fotis Georgiadis, CEO of De Greko. "Our due diligence
process unveiled a company in Asia that had no equal. We are confident
that Prestige Asia will help the company create market awareness and
execute our ongoing business plan. I trust that Prestige Asia will lead a
successful launch of Clixme in Asia and generate a distribution that we
could never have dreamed."
For all future De Greko investor relations needs, investors are asked to
visit the De Greko IR Hub at http://www.AGORACOM.com/IR/DeGreko where they
can post questions and receive answers within the same day, or simply
review questions and answers posted by other investors. Alternatively,
investors are able to e-mail all questions and correspondence to
DGKO@AGORACOM.com where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real time.
About Prestige Asia -- www.prestigeasia.com
Prestige Asia is headquartered in Bangkok, Thailand. The company's main
objective is to use its global network and expertise to be able to help
clients to make their businesses successful in their chosen line of
business. It takes the right experts and groundbreaking business strategies
to transform the client company to be the biggest and best in their
industry.
We believe that successful companies depend on how they execute their
business strategies.
Great companies are the result of great people behind it. Our experts find
solutions to any kind of crisis your company is facing. Through our
Professional Experts in Securities Analysis, Public Relations, Technology
and Management Consulting, we assure to our clients that they can create
appropriate metrics to measure their progress and manage investors'
expectations, to identify and address their points, apprehensions or
concerns, plan a strategy, be aware of every available opportunity and
create thoughtful communication plan.
About De Greko Inc: http://www.DeGreko.com
De Greko, Inc. (OTC: DGKO) is the parent company of De Greko Foods, De
Greko Communications and De Greko Entertainment. Founded in 1998 as De
Greko, LLC, the Company plans to serve as a commercial hub for a variety of
revenue-generating companies. De Greko's business philosophy combines the
American entrepreneurial sprit with old-world charm and cutting edge
commercial innovation.
Note: All statements, other than statements of fact, included in this
release may include forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will be
accurate and actual results and future events could differ materially from
those anticipated in such statements. The Company cautions that such
matters necessarily involve significant risks and uncertainties that could
cause actual operating results to differ materially from such statements,
including, without limitation: (i) competition, (ii) fluctuations demand
and supply of our target markets, including Internet-based telephone
operations (iii) risks associated with new business ventures. Investors are
advised to seek professional advice and conduct a complete due diligence
regarding this, or any other company being considered for investment
purposes. Investing in securities, particularly in issues priced at less
than $1 per share, involves substantial risk and may result in a partial or
complete loss of investment capital. Press releases issued by the company
should not be interpreted as an offer to sell or a solicitation to buy
company stock.
CONTACT INFORMATION
AGORACOM Investor Relations
http://www.AGORACOM.com/IR/DeGreko
DGKO@AGORACOM.com
Good Morning, Chief, Stockz, and Alerts Team
Infotec Business Systems, IFTC) (www.infotecbsi.com) CEO Arthur Griffiths is pleased to
announce that Infotec has signed a contract to stream a live feed with
American One Television Network, reaching a total of 50 million US households
with its programming.
American One Television has a long history with Video over the Internet.
Broadcast.com and Western.com used content supplied by America One to power
their foray into streaming television. They currently provide over 100
affiliate stations with 24/7 content.
"It proves conclusively that our proprietary Galaxy Encoders can convert
a live or archived stream onto the internet," said CEO Arthur Griffiths. This
process allows viewers to watch current TV programming on the internet without
sacrificing video quality.
"This is one milestone in our business plan and we are in the process of
negotiating rights with other broadcasters which will be accessible on Ebahn
TV (www.ebahn.tv)," Griffiths said.
VOTH Network, Inc. is a wholly owned subsidiary of USFR Media Group, an
integrated media and marketing communications company. USFR Media Group
focuses on meeting the needs of targeted niche audiences who identify with the
Western lifestyle. America One, the "Voice of the Homeland", is a 24-hour
broadcast network that provides Western, equestrian, and American values
programming to over 20 million households via nationwide broadcast television,
cable and satellite distribution systems in the United States. For more
information, visit America One's website at http://www.americaone.com.
The Infotec Group of Companies (www.infotecbusinesssystems.com) provides
Internet and related media services and delivers third generation, on-demand
streaming media content via its proprietary Galaxy Broadcast Network. Infotec
Business Systems, Inc, is a publicly traded company listed in the U.S.A. on
the OTCBB under the symbol IFTC, and in Europe, on the Frankfurt Stock
Exchange.
The Infotec Group is a full service provider for the capture, hosting and
distribution of digital IP content for businesses and viewers throughout the
world. Infotec is building its infrastructure and its web portal to support
the growth in web TV / Internet TV and in the distribution of digital content
and information, anywhere, anytime, via its proprietary ebahn Television
Network which can be viewed on the Internet at http://www.ebahn.tv.
This Press Release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The company
has tried, whenever possible, to identify these forward-looking statements
using words such as 'anticipates', 'believes', 'estimates', 'expects',
'plans', 'intends', 'potential', and similar expressions. These statements
reflect the company's current beliefs and are based upon currently available
information. Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors including such risks as market
acceptance of our products and technical risks of introduction, lack of
adequate capital and intense competition which could cause the company's
actual results, performance or achievements to differ materially from those
expressed in or implied by such statements. The company undertakes no
obligation to update or advise in the event of any change, addition or
alteration to the information covered in this press release including such
forward-looking statements.
For more information, contact:
Arthur Griffiths, CEO
604 484-4966
SOURCE Infotec Business Systems, Inc.
Contact Information:
Arthur Griffiths, CEO, (604) 484-4966
Lithium Technology Corporation LTHU, a leading manufacturer in the rapidly emerging
large format rechargeable Lithium battery market, announced today that
it has delivered, through its wholly owned German subsidiary GAIA
Akkumulatorenwerke GmbH in Germany, a Li-ion battery for a hybrid
vehicle that is being developed by UK based automotive technology
specialists Zytek Systems as part of the Energy Saving Trust's
Ultra-Low Carbon Car Challenge (ULCCC).
In March 2005, Zytek was awarded grant funding from the Energy
Saving Trust for the 2nd phase of their ULCCC project to develop a new
high efficiency, dual mode hybrid vehicle. The vehicle is based on the
new Smart forfour and will utilize a hybrid power train based on
1500cc, 3-cylinder turbo charged diesel engine coupled to 2
high-efficiency permanent-magnet electric motors.
Zytek has ordered three Li-ion batteries with output of 288 V, a
capacity of 7.5 Ah (or about 2.2 kWh of energy) and with a capability
to deliver 25 kW of power. These batteries can be charged by either
the ICE, by regenerative breaking, or by household mains (plug-in
hybrid), and will have a modest all-electric range. The first battery
has been installed in the vehicle and road tests will commence
shortly. The remaining two batteries will be delivered in April 2006.
LTC, together with Zytek and I+ME, have jointly developed an
improved version of the Battery Management System (BMS) to include
additional safety features and to control the charging of the battery
from the mains. The BMS will also communicate with the vehicles energy
management system for better efficiency and control.
Klaus Brandt, Managing Director of GAIA Akkumulatorenwerke,
commented: "This project demonstrates an important step forward in the
commercialisation of our products and technology in the HEV
marketplace. Lithium-ion batteries are becoming the technology of
choice for hybrid and electrical vehicles, and we at LTC have the
proven capabilities to answer the growing demand."
About Lithium Technology Corporation
Lithium Technology Corporation is a manufacturer of large format
rechargeable Lithium Ion batteries, custom engineered for military,
automotive and industrial applications. LTC customers include top tier
contractors to the military and suppliers to industrial concerns
requiring safe, durable, high power rechargeable power supplies for
their applications and the development of new technology. LTC is
leveraging its expertise in high power and large battery assemblies to
commercialize advanced lithium batteries as a new power source in the
military and national security systems, transportation and stationary
power markets with a particular focus on the U.S. and European
geographic market segments where the customers prefer a domestic
supplier.
LTC manufactures the GAIA(R) product line of large, high power
hermetically sealed rechargeable lithium ion cells and batteries. The
Company's product portfolio includes large cells and batteries from 10
times the energy of a standard laptop computer battery to 100,000
times greater. LTC produces high power cells designed for HEVs and
military applications that can discharge hundreds of amps in times as
short as a few minutes, and high capacity cells for applications such
as back-up power and remote standby installations. Cells are
manufactured in both cylindrical and flat form and employ proprietary
extrusion, design and assembly technology. LTC manufactures a variety
of standard cells that are assembled into custom large batteries
complete with electronics (battery management systems) and electronics
to communicate with other components of the system for performance
monitoring.
LTC and LTC's GAIA Akkumulatorenwerke GmbH subsidiary operating in
Nordhausen, Germany, have contracted with ThyssenKrupp (the largest
builder of non-nuclear submarines) to provide power supplies for
underwater propulsion of manned submarines. Other applications include
a prototype of lighter-than-air communication "stratellites"; unmanned
surveillance vehicles (air, land, and underwater based); surface to
air missiles; standby power applications; renewable energy generation
sources (windmills); and hybrid electric vehicles ("HEV") and
electrical vehicles ("EV").
Lithium Technology has two principal centers of operation - in
Plymouth Meeting, Pennsylvania and in Nordhausen, Germany. The
Plymouth Meeting office is also the corporate headquarters for the
Company. Sales into the U.S. and European markets are managed out of
each of the offices.
For additional information on the Company's technology and
products, please visit http://www.lithiumtech.com or
http://www.gaia-akku.com.
About Zytek Systems
Zytek is at the forefront of automotive technology, being active
in the fields of electronic control systems, high performance engines,
concept electric and hybrid vehicles and electro/mechanical services.
Projects range from the development of systems for show cars and
engineering prototypes, to design and validation of critical sections
of production programs. The Zytek group also has the capability to
manufacture control systems and electric drivetrains in low volumes,
simplifying customers' development and field trial times with reliable
hardware and software.
In motorsport, Zytek designs and manufactures engines, engine
management systems and chassis, including bespoke commissions for
individual clients. Substantial design and development capability is
supported with resources to manufacture in sufficient volume for a
major global race series. Installation and wiring expertise ensures
fast, efficient integration with systems from other suppliers. Zytek's
race heritage has bred a culture that delivers exceptional results for
customers - race and road alike.
Further information about Zytek is available at
http://www.zytekgroup.co.uk
About the Energy Saving Trust
The Energy Saving Trust was set up by the UK Government after the
1992 Earth Summit in Rio de Janeiro and is one of the UK's leading
organisations addressing the damaging affects of climate change. It
aims to cut carbon dioxide emissions by promoting the sustainable and
efficient use of energy. The Energy Saving Trust is a non-profit
organisation funded by government and the private sector.
The Energy Saving Trust's transport unit is working on behalf of
governments to improve the quality of our environment. Funded mainly
by the Department for Transport, the Scottish Executive and the Welsh
Assembly Government, it works in partnership with the transport
industry, corporate fleet sector and the public sector to help make
the UK a cleaner and healthier place to live and work. For more
information please visit www.est.org.uk/fleet
Forward-Looking Statements
The foregoing information contains forward-looking statements,
which involve risks and uncertainties relating to such matters as
financial performance, technology development, capital raising,
business prospects, strategic partnering and similar matters. A
variety of factors could cause LTC's actual results and experience to
differ materially from anticipated results or other expectations
expressed in these forward-looking statements. This notice does not
constitute an offer of any securities for sale.
Except for historical information, this press release may be
deemed to contain "forward-looking" statements. The Company desires to
avail itself of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 (the "Act") and is including this
cautionary statement for the express purpose of availing itself of the
protection afforded by the Act.
Examples of forward-looking statements include, but are not
limited to (a) projections of revenues, cost of raw materials, income
or loss, earnings or loss per share, capital expenditures, growth
prospects, dividends, the effect of currency translations, capital
structure and other financial items, (b) statements of plans of and
objectives of the Company or its management or Board of Directors,
including the introduction of new products, or estimates or
predictions of actions by customers, suppliers, competitors or
regulating authorities, (c) statements of future economic performance,
(d) statements of assumptions, such as the prevailing weather
conditions in the Company's market areas, underlying other statements
and statements about the Company or its business and (e) statements
regarding the ability to comply with or alternatively obtain
amendments under the Company's debt agreements.
Factors that could cause actual results to differ materially from
these forward-looking statements include, but are not limited to, the
following general factors such as: (i) adverse reactions by creditors,
vendors, customers, and others to the going-concern modification in
the Company's audit report for the fiscal year ended March 31, 2005,
(ii) the Company's ability to implement and fund based on current
liquidity business strategies and restructuring plans, (iii)
unseasonable weather (warm winters and cool summers) which adversely
affects demand for automotive and some industrial batteries, (iv) the
Company's substantial debt and debt service requirements which may
restrict the Company's operational and financial flexibility, as well
as imposing significant interest and financing costs (v) the Company's
ability to comply with the covenants in its debt agreements or obtain
waivers of noncompliance, (vi) the litigation proceedings to which the
Company is subject, the results of which could have a material adverse
effect on the Company and its business, (vii) the realization of the
tax benefits of the Company's net operating loss carry forwards, of
which is dependent upon future taxable income, (viii) the fact that
lead, a major constituent in most of the Company's products,
experiences significant fluctuations in market price and is a
hazardous material that may give rise to costly environmental and
safety claims, (ix) competitiveness of the battery markets in North
America and Europe, (x) the substantial management time and financial
and other resources needed for the Company's consolidation and
rationalization of acquired entities, (xi) risks involved in foreign
operations such as disruption of markets, changes in import and export
laws, currency restrictions, currency exchange rate fluctuations and
possible terrorist attacks against U.S. interests, (xii) the Company's
exposure to fluctuations in interest rates on its variable debt,
(xiii) the Company's ability to maintain and generate liquidity to
meet its operating needs, (xiv) general economic conditions, (xv) the
ability to acquire goods and services and/or fulfill labor needs at
budgeted costs, (xvi) the Company's reliance on a single supplier for
its polyethylene battery separators, and (xvii) the Company's ability
to comply with the provisions of Section 404 of the Sarbanes-Oxley Act
of 2002.
Therefore, the Company cautions each reader of this press release
carefully to consider those factors set forth above and those factors
described in Amendment No. 1 to the Company's Registration Statement
on Form S-3 filed with the SEC on September 14, 2005, because such
factors have, in some instances, affected and in the future could
affect, the ability of the Company to achieve its projected results
and may cause actual results to differ materially from those expressed
herein.
KEYWORD: EUROPE NORTH AMERICA PENNSYLVANIA UNITED KINGDOM UNITED STATES GERMANY
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY HARDWARE MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE PERFORMANCE & SPECIAL INTEREST PRODUCT/SERVICE
SOURCE: Lithium Technology Corporation
CONTACT INFORMATION:
Lithium Technology Corporation
Lillian Sharik, 610-940-6090
Fax: 610-940-6091
lsharik@lithiumtech.com
LoftWerks, Inc. (OTC: LFWK) today announced
that its imminent merger with Sulja Brothers Building Material, Ltd. is
proceeding smoothly despite normal documentation and legal formalities.
All should be finalized in the next days. A company spokesperson confirmed
that a highly regarded Madison Avenue law firm is in the final stages of
producing the required merger documents, and that both companies have been
provided with a Closing Documentation Checklist which is well toward its
completion. According to Petar Vucicevich, Director-General of Consultech
Construction Management, Inc., the parent company of Sulja Brothers,
business is proceeding as if the merger has already been completed. "It's
easy to let the nagging technical and legal details of this process slow
down the progress of the merger," he said. "However, we see no significant
barriers ahead, and we are excited by the opportunities resulting from the
combined talents of these two companies."
Vucicevich also announced that revenue projections for Sulja should exceed
$50 Million for the first twelve-month period following the completion of
the merger. These projections are based on financial information available
for viewing at www.sulja.com.
This contains forward-looking information within the meaning of The Private
Securities Litigation Act of 1995. Forward-looking statements maybe
identified through the use of words such as "expects," "will,"
"anticipates," "estimates," "believes," or statements indicating certain
actions: "may," "could," "should" or "might occur." Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected
results (expressed or implied) will not be realized.