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WNBD (.165)Multi-Cleaner Approved for Distribution Through PRO Group, Inc. America's Largest Independent Hardlines Group With $3.2 Billion in Sales Aug 16, 2006 4:05:00 PM
BARRIE, ON -- (MARKET WIRE) -- 08/16/06 -- Winning Brands Corporation (PINKSHEETS: WNBD) announces that its leading consumer product, Winning Colours Multi-Cleaner has been approved for distribution through PRO Group, Inc. -- America's largest independent hardlines group representing 40 member distributors with 162 warehouses that service approximately 30,000 retailers.
PRO Group Incorporated (www.pro-group.com), a 53-year-old company, has warehouse space of over eight million sq. feet and $3.2 billion in annual distributor sales. Winning Brands Sales Manager Lorne Kelly adds that, "PRO Group can help us compete by offering over $3 Billion group purchasing power and with outstanding advertising & marketing opportunities."
Winning Colours Multi-Cleaner is an environmentally advanced consumer and industrial cleaning solution that is as strong as a solvent, but as gentle as soap. The company is positioning the product as the ideal paint clean-up liquid and general stain remover because of its kindness to skin and delicate surfaces that often get stained. Winning Colours is gaining popularity for its ability to convert even oil based messes into a simple clean up with plain water. The product is manufactured in North America and targeting key export markets in the coming months. The Company estimates the North American market potential for this brand at $100 Million annually in current SKU configurations and considers the Group Vendor status with PRO Group, Inc. to be an important step forward.
Also known to consumers for its PRO Hardware, Farm Mart and Garden Master banners, PRO Group, Inc. is dedicated to keeping the independent retailer and wholesaler relationship thriving. Winning Brands (www.WinningBrands.ca) CEO Eric Lehner states that maintaining a strong presence amongst independent retailers is key to building a diverse portfolio of customers instead of relying only on the nation's largest chains only for visibility. "Winning Colours Multi-Cleaner generates repeat business from consumers who discover its power, versatility and strength. With this new distribution channel, thousands of locally oriented retail outlets across America can develop one-on-one relationships with consumers who will come back for more," says Lehner. According to Lehner this development is a breakthrough for the brand because it provides access to a vast array of logistics and account servicing resources through the member distributors. "This single relationship can provide truly national storefront presence in all 50 states for this emerging brand. This puts a very solid foundation under our feet," he stated.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control.
SALT LAKE CITY, Aug 16, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- TenFold(R) Corporation (OTC Bulletin Board: TENF), provider of the EnterpriseTenFold(R) platform for rapidly building enterprise-scale SOA-compliant applications, announced today the findings of an independent report on EnterpriseTenFold SOA, a development platform for building Service-Oriented Business Applications (SOBA's) without programming.
The new report was written by ZapThink, a leading IT research and advisory firm specializing in XML, Web Services, and Service Orientation. The report concludes that TenFold offers companies a model-driven approach to composite application creation with the EnterpriseTenFold SOA tool, providing a rapid, iterative approach to dynamic application creation that enables business users to model their requirements and then render the desired application, minimizing the need for writing any programming code.
"ZapThink's research report confirms that TenFold addresses one of the greatest challenges of implementing a Service-Oriented Architecture (SOA), which is forming the service-oriented business applications by composing services," said Robert Felton, TenFold's Chairman, President, and CEO. "With our core technology, EnterpriseTenFold SOA, which provides a rapid, iterative approach to building applications, customers can save 90% on their development and maintenance costs as our technology makes service creation simple, flexible, and business-focused."
The report is now available at www.tenfold.com. Here are some highlights of ZapThink's findings:
* EnterpriseTenFold SOA is a Service-Oriented Business Application (SOBA) creation tool that provides a model-driven approach to composite application development. * EnterpriseTenFold SOA enables business users to define an application declaratively, then render it, automatically producing service-oriented applications. * EnterpriseTenFold SOA automatically produces Web Services compatible with J2EE, .NET, or any Enterprise Service Bus. * The TenFold Way is a methodology for building enterprise-scale SOBA's as a collection of reusable services. * EnterpriseTenFold SOA includes Ajax in browser transactions without Ajax-related development costs. TenFold's methodology, the TenFold Way, is a full-lifecycle methodology for building enterprise-scale applications as a collection of reusable services. * Because EnterpriseTenFold SOA removes the need for programming, customers can build an application at 10% to 20% of the cost and time of traditional development approaches. * Since there is no code to maintain in a TenFold-powered application, maintenance costs are 90% lower than applications built with traditional tools.
For more information about TenFold or EnterpriseTenFold, or to receive a copy of the report, please contact Sally White at (801) 619-8232 or via e-mail at swhite*tenfold.com.
About ZapThink, LLC
ZapThink is an IT advisory and analysis firm that provides trusted advice and critical insight into the architectural and organizational changes brought about by the movement to XML, Web Services, and Service Orientation. We provide our three target audiences of IT vendors, service providers and end-users a clear roadmap for standards-based, loosely coupled distributed computing -- a vision of IT meeting the needs of the agile business. For more information about ZapThink, call (781) 207 0203 or e-mail info*zapthink.com or visit www.zapthink.com.
About TenFold
TenFold (OTC Bulletin Board: TENF) licenses its patented technology for applications and services development, EnterpriseTenFold SOA, to organizations that face the daunting task of transforming obsolete applications or building complex SOA-compliant applications. Unlike traditional approaches, where business and technology requirements create difficult IT bottlenecks, TenFold technology lets a small team of business people and IT professionals design, build, deploy, maintain, and upgrade new or replacement applications with extraordinary speed, superior applications quality and power features. For more information, call (800) TENFOLD or visit www.tenfold.com.
This release contains forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "expect," "anticipate," "estimate," "should," "will," "may," or the negatives thereof, or similar terminology, or by discussions of our strategy or the benefits of our technology. Forward-looking statements in this release include that EnterpriseTenFold technology lets a small team build, deploy, maintain and upgrade applications with extraordinary speed, superior applications quality, and power features, and at reduced development and maintenance costs. Our business and operations are subject to a variety of risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Factors that could cause actual benefits of the TenFold product and technology to differ materially from those in the forward-looking statements include inadequate training, incorrect installation, use of unsupported hardware and software versions or combinations thereof, and inadequate consultation with TenFold support personnel. These and other factors that could cause actual results to differ materially from those in the forward-looking statements are discussed in greater detail in certain documents filed by TenFold Corporation with the Securities and Exchange Commission, including but not limited to, the most recent reports on Forms 10-Q and 10-K. We make no commitment to revise or update any forward-looking statement to reflect events or circumstances after the date such statement is made.
TenFold and EnterpriseTenFold are registered trademarks of TenFold Corporation. All other trademarks and registered trademarks are the property of their respective owners.
Sally N. White TenFold Corporation 801-619-8232 swhite*tenfold.com
SOURCE TenFold Corporation
Sally N. White of TenFold Corporation, +1-801-619-8232, swhite*tenfold.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights res
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Fineline Licenses Six Character Groups for US $2.4 million Up-Front Fee and 20% Royalty
Internet Wire via COMTEX
Aug 16, 2006 4:34:45 PM
KENT, OH, Aug 16, 2006 (MARKET WIRE via COMTEX News Network) --
Fineline Holdings Inc. (PINKSHEETS: FNLH) announced today that it has entered into an exclusive licensing agreement with a private European business group, Child Entertainment, for the use of six character groups for a $2.4 million up-front licensing fee and a 20% on-going royalty. Child Entertainment has the right to benefit from the use of these character groups in mobile content, TV, motion pictures, games, animation, merchandising and any other use that maintains Fineline's quality standards.
The licensed character groups are Internautes, Health Scare, Illegals, White Trash, Friendly Frights and Hogstturrs. The agreement is for a period of eight years with an option for the licensee to extend the agreement for an additional eight years. Child Entertainment will pay Fineline 20% of all gross revenues generated once cumulative gross revenues exceed US $2.4 million. The $2.4 million up-front license fee is non-refundable.
"With the payment of this license fee, we have no need for additional capital," said Robert Petry, Fineline Holdings CEO. "This is only the beginning. Our business generates very high margins and we have interest in our character groups in the areas of toys, motion pictures, TV shows, merchandising and mobile games. I am confident we will follow this win with additional licensing agreements."
Strategically, Fineline is focused on generating revenue from mass distribution of its proprietary character groups through mobile, television and/or motion picture agreements as a launching pad into additional lucrative licensing and merchandising. In the past, Fineline characters have been licensed for use with over 450 products in 20 countries. Licensees included household names such as Wendy's Hamburger, Thom McAn and Kellogg's.
About Fineline
Fineline has an extensive inventory of highly commercial cartoon characters for mobile carriers, television, movies and product merchandising. Fineline generates revenue through lucrative licensing and merchandising agreements of these assets. The company's library of original characters is one of the largest in the industry with over 214 trademarked and copyrighted cartoons. Some of the Fineline character groups have already been focus tested against Disney groups and won the test on consumer appeal. The Fineline library can be viewed at http://www.finelineproperties.com.
Safe Harbor Statement
The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.
Contact: Fineline Holdings Inc. Robert Petry (330) 283-5635
SOURCE: Fineline holdings
Copyright 2006 Market Wire, All rights reserved.
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LFUI (.37) Announces High Growth in Second Quarter 2006 Aug 16, 2006 5:31:00 PM
BOULDER, Colo., Aug. 16 /PRNewswire-FirstCall/ -- Life USA, Inc. (OTC Bulletin Board: LFUI), a distributor of pure and blended krill oil supplements, today announced financial results for its second fiscal quarter 2006, which ended on June 30th. The company started business fifteen months ago, and is publicly traded under the ticker symbol LFUI.OB.
Top line revenue growth continued to exceed the prior quarters. Revenues in the second quarter of 2006 increased by 457% to $415,795 compared to $74,583 in the first quarter. "We are very pleased with this performance. Looking forward, management has been challenged to match this revenue level in the third quarter and to broaden our customer base," said Rick Newton, Chief Executive Officer of Life USA, Inc.
Mickey Schuett, President of Life USA, added: "We have expanded our sales force, and we are now aggressively going after the market opportunity that we have in front of us. Our goal is to become the largest krill oil distributor in North America. We should also soon see the first important sales of AgilFlex(TM), our branded joint health product, which combines the power of krill and the benefits of SierraSil(TM)."
Net loss for the second quarter increased 56% to $263,268 when compared to a net loss of $168,515 in the first quarter in 2006. This loss included $199,908 in non-cash stock option and equity expenses, whereas the first quarter showed $36,921 in non-cash stock option expenses. Excluding these items the second quarter loss decreased 52% to $63,360. Earnings per basic and diluted share were negative ($0.03) for the second quarter of 2006.
Life USA, Inc. is a high quality supplement distribution company, and does business through its wholly owned subsidiary Neuro Nutrition, Inc., and through its sales web site www.EnhancedMetabolics.com. The company also owns the rights to the proprietary blend of pure Neptune Krill Oil and SierraSil minerals, under the new brand name AgilFlex(TM). The new product combines the joint health qualities of these two high efficacy products.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking information. Statements that are not descriptions of historical facts are forward-looking statements provided under the "safe harbor" protection of the Private Securities Litigation Reform Act of 1995. These statements are made to enable a better understanding of our business, but because these forward-looking statements are subject to many risks, uncertainties, future developments and changes over time, actual results may differ materially from those expressed or implied by such forward-looking statements. Examples of forward-looking statements are statements about anticipated financial or operating results, financial projections, business prospects, future product performance and other matters that are not historical facts. Such statements often include words such as "believes," "expects," "anticipates," "intends," "plans," "estimates" or similar expressions.
These forward-looking statements are based on the information that was currently available to us, and the expectations and assumptions that were deemed reasonable by us, at the time the statements were made. We do not undertake any obligation to update any forward-looking statements in this report or in any of our other communications, except as required by law, and all such forward-looking statements should be read as of the time the statements were made, and with the recognition that these forward-looking statements may not be complete or accurate at a later date.
SOURCE Life USA, Inc.
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Media Mickey Schuett or Investors John Schoonbrood both of Life USA Inc. +1-303-415-1900
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IT&E International Group Reports Second Quarter Results 8/16/2006
Company Soon to Be Renamed Averion International Corp. Following Completion of Merger Last Month
BOSTON, MA and SAN DIEGO, CA, Aug 16, 2006 (MARKET WIRE via COMTEX News Network) -- IT&E International Group, Inc. (OTCBB: ITER), a clinical research organization ("CRO") with substantial regulatory support, today reported results for the second quarter ended June 30, 2006. On July 31, 2006, IT&E, which will be renamed Averion International Corp. pending stockholder approval, completed a series of transactions under the Agreement and Plan of Merger announced on July 6, 2006, with privately held Averion Inc., a Massachusetts corporation. The results for the second quarter do not reflect contributions from Averion Inc.
For the second quarter, IT&E reported total revenue of $4.9 million compared with $4.4 million for the same period a year earlier. The company recorded a gross profit of $1.5 million, which compares with a gross profit of $1.3 million for the same period in 2005. Net operating loss for the recently ended quarter was $0.91 million, as compared with $0.42 million in the year ago period. IT&E reported a net loss of $0.85 million, or $(0.01) per basic and fully-diluted share, for the second quarter of 2006 versus a net loss of $0.59 million, or $(0.03) per basic and fully-diluted share, in the 2005 second quarter.
Dr. Philip T. Lavin, founder and former Chief Executive Officer of Averion and now Chief Executive Officer of the combined company, said, "We have formulated an integration plan across the combined operations inclusive of processes, systems, and cross-training to best serve the needs of our existing as well as future clients. For the balance of the year, we expect to realize expanded revenues deriving from our increased backlog in oncology -- most notably in our Millennix Oncology Division, which produced a significant increase in revenues and backlog during the first half of the year. Additionally, we believe that we have a strong management team and plans in place to establish Averion International Corp. as a world class CRO with unique therapeutic areas of expertise in the fields of oncology, dermatology, nephrology and medical devices. Looking ahead, we intend to expand our capabilities worldwide, initiating in Europe."
About Averion Inc.
Headquartered in Framingham, Massachusetts, Averion Inc., and its European division located in Darmstadt, Germany, is a full-service CRO in business for 23 years with a therapeutic focus in dermatology, medical devices, nephrology, and oncology and core competence in FDA and product registration support, site selection, project management, medical and site monitoring, data management, biometrics, pharmacovigilance, medical writing, and full clinical trial management services throughout the clinical trials lifecycle. The company has supported more than 40 FDA approvals to date with no refusals among submissions accepted for filing; in addition, the company has helped achieve approvals for six oncology-related product approvals. (http://www.averioninc.com)
About IT&E International Group, Inc. and its Millennix Oncology Division
Headquartered in San Diego, IT&E International and its Millennix division in Rye Brook, NY, is a full-service CRO that provides pharmaceutical and biotechnology companies with FDA and global regulatory compliance and validation services as well as full-service CRO support with an oncology focus throughout the product development lifecycle. The company's team of industry veterans utilizes the latest tools and procedures to help its clients move quickly and effectively from drug development through the FDA approval process. Consulting services throughout the product development lifecycle include regulatory planning, providing skilled personnel for development operations, enterprise software and training to manage data and ensure FDA compliance and validation of new pharmaceutical manufacturing facilities. Oncology CRO services support Phase I - IV trials, and include regulatory and strategic planning, study design and implementation, site identification and management, safety reporting, data management, biometrics and reporting. (http://www.iteinternational.com) (www.millennix-inc.com)
Forward Looking Statement
Included in this release are "forward-looking statements." Statements in this press release that are forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates" and similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements. The Company refers you to the cautionary statements and risk factors set forth in the documents it files with the Securities and Exchange Commission, including its most recent 10-KSB. The Company is not under any obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
IT&E INTERNATIONAL GROUP, INC. Consolidated Balance Sheets June 30, December 31, 2006 2005 ------------ ------------ (unaudited)Cash $ 5,441,041 $ 6,414,770Accounts receivable (net of allowance for doubtful accounts of $90,000 for 2006 and $75,000 in 2005) 2,884,355 2,989,646Unbilled revenue 422,428 183,938Prepaid and other current assets 220,538 181,823 ------------ ------------ Total Current Assets 8,968,362 9,770,177Property and equipment, net 396,436 275,263Deposits 114,860 11,679Finite life intangibles (net of accumulated amortization of $198,876 and of $39,625 in 2006 and 2005, respectively) 832,873 991,375Goodwill 3,192,239 3,196,813 ------------ ------------Total Assets $ 13,504,770 $ 14,245,307 ============ ============Accounts payable $ 799,697 $ 585,590Accrued payroll and employee benefits 450,657 351,238Current portion of capital lease obligations 29,754 3,250Current portion of notes payable to employees 244,113 101,437Accrued relocation costs to officers 220,000 220,000Deferred revenue - Initiation fees 790,115 922,484Customer Advances 742,277 143,520Deferred rent 84,629 22,670Other accrued liabilities 411,311 433,745 ------------ ------------ Total Current Liabilities 3,772,553 2,783,934Long-term capital lease obligations, less current portion 52,921 12,765Notes payable to employees, less current portion 481,154 654,384 ------------ ------------Total Liabilities 4,306,628 3,451,083Stockholders' equity:Preferred stock, $.001 par value, 10,000,000 shares authorized: Series D Convertible Preferred stock, $.001 par value, 16,500 shares authorized 11,500 shares issued and outstanding with a stated value of $11,500,000 8,105,938 8,105,938 Common stock, $.001 par value, 650,000,000 shares authorized, 60,448,875 shares issued and outstanding 60,449 60,449Convertible warrants 3,108,944 3,108,944Call option 170,729 285,118Additional paid-in capital 2,852,091 2,504,427Retained deficit (5,100,009) (3,270,652) ------------ ------------Total Equity 9,198,142 10,794,224 ------------ ------------Total Liabilities and Capital $ 13,504,770 $ 14,245,307 ============ ============ IT&E INTERNATIONAL GROUP, INC. Consolidated Statements of Operations (Unaudited) For the three months ended For the six months ended June 30, June 30, ------------------------ ------------------------- 2006 2005 2006 2005 ----------- ----------- ------------ -----------Service revenue $ 4,746,420 $ 4,297,356 $ 9,490,958 $ 8,743,936Reimbursement revenue 176,591 134,608 391,051 232,955 ----------- ----------- ------------ -----------Total 4,923,011 4,431,964 9,882,009 8,976,891Cost of revenue 3,469,663 3,141,455 7,292,585 6,254,412 ----------- ----------- ------------ -----------Gross profit 1,453,348 1,290,509 2,589,424 2,722,479Operating expenses:General and administrative 1,408,242 973,440 2,751,441 1,773,715Sales and marketing 451,147 470,667 906,531 701,350Depreciation and amortization 112,465 25,601 222,799 42,749Officer compensation 393,634 242,096 651,403 448,843 ----------- ----------- ------------ -----------Total Operating Expenses 2,365,488 1,711,804 4,532,174 2,966,657 ----------- ----------- ------------ -----------Net Operating Loss (912,140) (421,295) (1,942,750) (244,178)Other Income (Expense)Interest income 70,409 2,318 134,451 2,318Interest expense (11,669) (95,067) (21,057) (145,784)Loan fee amortization (72,281) (144,563)Fees on long-term debt (214,043)Non-cash financing costs (62,500) ----------- ----------- ------------ -----------Total Other Income (Expense) 58,740 (165,030) 113,394 (564,572)Loss before income taxes (853,400) (586,325) (1,829,356) (808,750)Income taxes ----------- ----------- ------------ -----------Net Loss $ (853,399) $ (586,325) $ (1,829,356) $ (808,750) =========== =========== ============ ===========Weighted average number of common shares outstanding-basic and fully-diluted 60,448,875 21,344,198 60,448,875 19,938,363 =========== =========== ============ ===========Net loss per share-basic and fully-diluted $ (0.01) $ (0.03) $ (0.03) $ (0.04) =========== =========== ============ =========== For more information, contact:Hulus Alpay(212) 508-9600Makovsky + Company SOURCE: IT & E International Group, Inc.
Copyright 2006 Market Wire, All rights reserved.
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IBSG International is Moving to the Future of Technology and Software on ***.com; IBSG International Has Eight Consecutive Profitable Quarters 8/16/2006
CELEBRATION, Fla., Aug 16, 2006 (BUSINESS WIRE) -- On August 17, 2006 at 2:30pm EDT (1:30pm CDT) Dr. Michael Rivers, CEO of IBSG International, Inc. (OTCBB:IGII), a digital commerce solution holding company, will be Live on Market News First (http://www.***.com) for an exclusive interview.
Introduced previously on the show, IBSG International, Inc. is a holding company for four technology and software subsidiaries.
IBSG International has had extraordinary performance over the last two and a half years. The Company has posted eight straight quarters of profitability. Earnings Per Share for the three months ending June 2006 was $.01 per share. Revenues for the three months ended June 30, 2006 rose to just under $2.9 million compared to revenues same three month period ended June 2005 of $1.3 million, an increase of 223%. The Company had an operating profit for the three months ended June 30, 2006 of $1.6 million, up six times the operating profit of $256,000 for the three months ended June 30, 2005.
For the full year 2005, sales reached $7.65 million compared with $3.3 million for all of 2004. Gross profit was $7.2 million in 2005 against $3.1 million in 2004. No assurances can be given that we will achieve such results in the next fiscal year.
For more detail on this IBSG International, Inc. Log on to ***.com this Thursday at 2:30pm EDT (1:30pm CDT)and join in the conversation with Dr. Michael Rivers CEO and the Market News First online radio team.
About ***.com
Market News First is an online market news provider which brings investors current up to speed news on the market. Market News First is the only online live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily live pressers we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First's one on one interviews with the Presidents and CFOs of companies, broadcasted on our website, delivers answers to the questions that investors would ask and provides them insight into the companies' present condition and future plans.
About IBSG International, Inc.
IBSG International, Inc. is a holding company for four technology and software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turn-key digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company and; A -Division IT, a consultant company focused on development of IT projects for multinational corporations.
IBSG offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., Chambers of Commerce) and Fortune 1000 corporations by licensing its unique turnkey digital service center software, which provides a broad range of digital budgetary, administrative and commercial services (B2B, e-commerce, government to business and enterprise business services) on a single platform known as the BizWorldPro(C).
Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small and mid cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies.
As software providers, system integrators and Application Service Providers, IBSG, Inc. and Secure Blue, Inc. generate revenue from license sales, system modifications, systems support and a percentage of monthly customer fees. The typical IBSG/Secure Blue license agreement has a five-year term which is updated on an annual basis and almost invariably renewed upon expiration; to date the company has had only one licensee not renew, due to the expiration of the licensee's contract with another party.
IBSD, Inc. will provide ongoing support of International's other subsidiaries, IBS Group and Secure Blue. The company provides development, system support and secure data storage, and will maintain offices in the US and India, where its current offshore development and support team is located.
A-Division IT establishes it projects for multi-national corporations around the world. The projects are recognized off set program qualified and provide a required contractual obligation of these corporations. A-Division IT is the sole IT off set provider to BAE Systems and maintains relationships with various other multinational corporations. A-Division maintains office in the United Kingdom.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. The above information does not guarantee any successful closing of new business. No assurances can be given that any projections related to gross revenues or profit margins will be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
SOURCE: IBSG International, Inc.
For IBSG International, Inc., Celebration Porter, LeVay and Rose, Inc. Michael Porter, 212-564-4700
Copyright Business Wire 2006
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Wi-Tron Inc. Announces Second Quarter Results and Business Outlook for 2006 8/16/2006
RARITAN, N.J., Aug 16, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Wi-Tron, Inc. (OTC Bulletin Board: WTRO), a manufacturer of ultra-linear high power amplifiers, today announced financial and operational results for the second quarter of 2006.
Revenues for the three months ended June 30, 2006 declined by $73,410 from $150,785 to $77,375, or 49% compared to the three months ended June 30, 2005. As a result, the Company incurred net losses of $409,348 or $0.01 per share for the quarter ended June 30, 2006 compared with net losses of $280,292 or $0.03 per share for the same quarter in 2005. The majority of sales revenue for second quarter was from the Spanish Navy (a repeat customer) for high frequency RF amplifiers.
Revenues for the six months ended June 30, 2006 declined by $175,848 from $293,377 to $117,529, or 60% compared to the six months ended June 30, 2005. As a result, the Company incurred net losses of $728,505 or $0.03 per share for the six months ended June 30, 2006 compared with net losses of $442,583 or $0.04 per share for the same period in 2005. The majority of sales revenue for the first six months was from a repeat European customer for Wireless Local Loop amplifier products.
The Company has attracted additional funding interest; with net cash proceeds of $899,000 received for the first six months of 2006, compared to $464,745 during the first six months of 2005. Selling stock to raise capital and for paying certain debts and for our restructuring program has resulted in significant dilution. As of June 30, 2006 the Company had 32,811,047 shares of common stock issued and outstanding, compared to 17,778,267 on June 30, 2005.
Wi-Tron CEO, Mr. Joe Nordgaard said, "Our strategic turn around has begun, but you can't see it in the numbers yet. We plan to increase sales of our legacy products, while developing cutting edge technological designs to leverage into a growing $2 billion a year amplifier market for near and long term sales growth."
2006 Business Outlook
Improving near-term sales is based on leveraging our new management team's credentials and sales methods to improve sales with previous customers, who slowed or stopped orders from us over the past few years. We re-established sales discussions with these previous customers, who are quite satisfied with our proven wireless product design portfolio (including a key patent in analog pre-distortion), over 10 years experience in custom designing RF amplifiers and high-tech (military specification) manufacturing (less than 2% return rate). One example of this is a larger sales order from a repeat customer in Asia for our GSM Low Noise Amplifiers. We anticipate shipping 80 units in 3rd quarter, which is an increase of the 60 units shipped in 1st and 2nd quarter 2006.
Mr. Nordgaard commented on the Company's future outlook, "The key to Wi-Tron's future growth in the wireless industry is to correctly anticipate the evolution of power amplifier development and to develop key products that support and lead that evolution. We are preparing for opportunities at the cutting edge of advance RF Amplifier design, where both the greatest demand and the greatest opportunity to gain market-share with high margin solutions exist."
Wi-Tron's corporate strategy is focused on three key areas: > Developing the most advanced amplifier products in the world, which gives us a lead time-to-market advantage against industry leaders; > Establishing strategic relationships with emerging industry leaders, which gives us greater leverage into new market regions, including China and Latin America; > Manufacturing in China, which gives us a competitive price advantage.
Wi-Tron's R&D and engineering team is developing a series of product design platforms in RF amplifier technology for second, third and fourth generation wireless telecommunications systems. Our amplifiers and associated support products increase power and frequency efficiency and resolve key issues that are in great demand by wireless service providers and equipment vendors around the world.
The first new product design, a W-CDMA amplifier with DSP control was recently completed and the companion GSM 1800 MHz band amplifier module should be ready by early 4th quarter, 2006. We have submitted our W-CDMA amplifier to a partner in Asia for customer evaluation and will submit the GSM 1800 MHz band amplifier module as soon as it is ready. We are targeting the Chinese Telecom market with these products and plan to develop additional products in 2007.
In preparation for our growth plans in China, Wi-Tron has made good progress towards establishing a "wholly owned" Wi-Tron subsidiary in China to develop sales opportunities and oversee manufacturing operations. Our plan is to launch the subsidiary once Company sales and manufacturing objectives are met.
Mr. Nordgaard commented, "Our financial results for 2nd quarter were unsatisfactory, but we have made progress in paying down debt, improving sales and business operations and in developing new products. We will continue to build Wi-Tron into a highly respected and profitable business by exceeding our customers' expectations and focusing on product relevancy and profitability. We are well along in building new strategic relationships to supply a number of telecom vendors in the Chinese, Asian, European and Latin American markets. Through these efforts, we believe we can gain access to the U.S. telecom market as well." As a result of these new product development efforts, the Company has an agreement to manufacture and ship its 30W iDEN amplifier to a repeater manufacturer for trials in the third quarter for the Latin America market.
About Wi-Tron Inc.
Wi-Tron, Inc. designs, manufactures and sells ultra-linear single and multi-channel high power amplifiers to the worldwide wireless telecommunications market. Single and multi-carrier linear power amplifiers are critical components for all wireless system base stations. Amplifiers increase the power of radio frequency and microwave signals with low distortion. Wi-Tron's products are designed and marketed for a wide range of applications across many frequencies, including second and third generation wireless, X-band, and local loop segments of the wireless telecommunications industry.
For additional product information, visit our website at www.Wi-Tron.com
To receive press releases, investor newsletters and corporate updates, please email your request to: info*segue.biz
Wi-Tron, Inc. Tochi Bains, 908-253-6870 ext. 106 Investor Relations: Craig H. Bird CHBird*segue.biz Investor Relations website: http://**************.yahoo.com/group/Wi-Tron/ (215) 885-4981
SOURCE Wi-Tron Inc.
Tochi Bains of Wi-Tron, Inc., +1-908-253-6870 ext. 106; or Investor Relations, Craig H. Bird, +1-215-885-4981, CHBird*segue.biz, for Wi-Tron Inc. http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved
-------------------- The difference between genius and stupidity is that genius has its limits
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Phoenix Associates to Greatly Increase Production at Murphy Sand and Gravel via COMTEX
August 17, 2006
NEW ORLEANS, LA, Aug 17, 2006 (MARKET WIRE via COMTEX News Network) --
Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced that its Murphy Sand & Gravel (MS&G) mining operations are being significantly expanded through the addition of new mining equipment at its Pearl River, LA site that will greatly increase production.
Paul Alonzo, President and CEO of Phoenix, stated, "I am happy to announce that a vast amount of new mining equipment is being currently moved to the MS&G mine site. Thanks to the huge demand in the Greater Gulf region for all the products produced by MS&G, Phoenix feels the time is right to greatly expand the mining activities in Pearl River, Louisiana."
The following equipment is being added to the MS&G mining operation immediately:
Equipment:
Caterpillar 950F Front End Loader
Aztec S-5 Portable Screening Plant
Caterpillar 330 Excavator
John Deere 650 Dozer
Caterpillar 966G Front End Loader
Excel -- Radial Stackers -- 4 Units
NADDA Computer System
Power-Screen Stationary Screening Plant
ALCO 10 X 8 Fully Equipped Dredge
Pit Hog 8 X 6 Dredge
Cutterhead 14 X 12 Dredge (350% capacity vs a 10 X 8 dredge)
The first of this new mining equipment arrived over this past weekend, while the full complement of new mining equipment, valued in excess of $4.3 million, will continue to be delivered over the next 2-3 weeks. Financing for this equipment is being provided by Superior Concrete Crushing, L.L.C. of which Arnold Roge is President.
Once all the new equipment is in place the rate of production of the MS&G mining operations is expected to rise quickly with anticipated depletion of the mine to now be over the next six to eight years, rather than the original projected depletion of about thirty five years. Projected profits from its mining operations are likely to come in around 10-15 percent of gross revenues.
Mr. Alonzo stated, "I had not expected to see MS&G production to grow to these levels during my tenure as CEO of Phoenix, but circumstances have persuaded our board at Phoenix to move quickly to grow this division because of the huge demand for our products. We feel confident that the large investment being made in our mining operations will pay great rewards to Phoenix and our loyal shareholders."
Forward-Looking Statements
This press release contains statements that are "forward-looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
For More Information Contact: Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline.net
SOURCE: Phoenix Associates Land Syndicate
mailto:osprey57*optonline.net
Copyright 2006 Market Wire, All rights reserved
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INVERNESS, SCOTLAND -- (MARKET WIRE) -- 08/17/06 -- IVMD Inc. (OTCBB: IVME), a novel medical device company, today announced the filing of an important patent in its suite of intellectual Property.
Following on from the filing of its first immunoassay patent last year, IVMD has developed a low cost, unambiguous, yes/no assay format. The technology uses IVMD's expertise in its core technology, together with its low-cost design and manufacturing methodology that was developed for its first ground breaking product.
The immunoassay format is self powered, sensitive, and can be produced at a cost level that will make it completive in the mass market e.g. over the counter pregnancy and ovulation testing, as well as a screening tool for diseases such as HIV or substances such as drugs or alcohol. As such it could spin off a number of applications in large, global markets.
John Fuller, CEO Operations, said, "The development of the technique and filing of a new patent shows IVMD's commitment to building a strong portfolio of IP which can be commercially exploited to add shareholder value. Throughout the development program IVMD worked closely with its marketing team to define the true market requirements, and the product has been targeted strongly at being competitive in the Over the Counter space. We are currently in discussions with a number of blue chip diagnostics companies to commercialise the product in various sectors."
The Immunoassay Market in the USA alone was worth $7Bn per annum in 2002.
About IVMD, Inc.
IVMD uses its proven, patented core technology to design, develop and test medical devices for near patient testing and monitoring.
Our products serve large global markets in the monitoring of chronic conditions affecting large numbers of the population. Two applications form the focus of current development work. The first is a device for measuring the coagulation of blood in patients with cardiovascular disorders which is in the last stages of clinical trials. The second a device that predicts the onset of human labour up to several weeks before birth.
Our scientists are currently working on several exciting minimally and non invasive additional products based on novel, highly sensitive immunoassays. From across all sectors of industry, our development team use our technology to create rapid prototype and product development, in partnership with major marketing and distribution partners.
IVMD actively seek bespoke product development, manufacturing, marketing and distribution agreements.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe," "expects," "projects," "forecasts," "intends," "will," "anticipated," "could," or "may," and similar conditional expressions are intended to identify forward- looking statements within the meaning of the act and are subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
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Press Release Source: Avalon Oil & Gas, Inc.
Avalon Oil & Gas Acquires Working Interest In Miller County, Arkansas Thursday August 17, 5:00 am ET
MINNEAPOLIS--(BUSINESS WIRE)--Aug. 17, 2006--Avalon Oil & Gas, Inc., (OTCBB:AOGS - News) announced today, through its relationship with KROG Partners, LLC, a Henderson, Texas based operator, that Avalon and KROG have jointly acquired three producing oil wells located in Miller County, Arkansas from an Oil City, Louisiana, independent oil producer. The acquisition has been closed and is effective August 11th, 2006. Avalon and KROG will each own 50% working interest in the properties, and KROG will be the operator. ADVERTISEMENT
The wells being acquired are the Dixon Heirs #1, Deltic Farms & Timber #1, and the Gunn #1, and were originally drilled in the early 1980's. These are mature wells with stable production, currently producing approximately 5 BOPD from the Tokio zone. KROG and Avalon will immediately begin working on optimization opportunities with the goal of enhancing production from the properties.
Avalon and KROG are continuing their focus on enhancing operating synergies in the Southwest Arkansas and East Texas region through acquisition of other mature production in the area. The area immediately surrounding these new properties consists mainly of independent producers.
Avalon's Chief Executive, Kent Rodriguez, commented, "The acquisition of these three wells is part of our strategy of acquiring assets we believe to have low-risk and high production profiles. We are continuing our efforts to locate and acquire new lease opportunities consistent with our growth-at-a-reasonable-price philosophy."
Mark Oliver, a partner of Krog Partners, LLC stated, "We believe that with enhancements, production profiles and capabilities on these properties can be ratcheted up dramatically. We are excited about the opportunities this acquisition creates."
About Avalon Oil & Gas, Inc.
Avalon Oil & Gas, Inc. is an oil and gas company engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities.
-------------------- Cashing checks in two forms: Money and Reality
US Energy Initiatives Posts 692% Growth in Revenues and 1,158% Growth in Gross Profit at June 30, 2006 Thursday August 17, 7:00 am ET
TAMPA, Fla.--(BUSINESS WIRE)--Aug. 17, 2006--US Energy Initiatives Corporation ("US Energy" or the "Company") (OTCBB:USEI - News) today reported the Company's financial results for the three and six month period ended June 30, 2006.
ADVERTISEMENT
For the three month period ended June 30, 2006, the Company revenues increased 624% from $35,574 to $257,585 while gross profit increased 1,158% from $17,399 to $218,936. For the six-month period ended June 30, 2006, revenues increased 692% from $53,757 to $425,685 while gross profit increased 822% from $24,750 to $227,945. Including non-operating losses, for the three month period ended June 30, 2006, the net loss increased 199% from $(839,141) or $(.01) loss per share to $(2,511,269) or $(.02) loss per share. Including non-operating losses, for the six month period ended June 30, 2006, the net loss increased 129% from $(1,983,340) or $(.02) loss per share to $(4,542,337) or $(.04) loss per share.
"We've recently announced certain significant projects that commence during third and fourth quarter of this year and ramp up throughout 2007. Among our current initiatives are our program with General Motors scheduled for launch during December 2006, our agreement with GreenGas in Thailand for the sale of 1,500 systems with initial deliveries beginning during September 2006 and an agreement with TruckGas in Europe for the sale of 2,000 systems with initial deliveries scheduled for early 2007," said US Energy CEO Mark Clancy. "While we are disappointed with our continued losses migrating US Energy from a development to an operational stage, we are encouraged by our continued growth in revenues and improved gross profit. In addition, our financial report at June 30, 2006 does not include the impact of our recent acquisition. As we continue a steady migration from development to operations through ramping up the sale of our dual-fuel systems together with the operating performance of Automated Engineering, we anticipate improvement in both our top line revenue and net income," concluded Mr. Clancy.
About US Energy Initiatives Corporation (OTCBB:USEI - News), formed in 1996, manufactures and markets its patent dual-fuel diesel to natural gas conversion technology though the automotive aftermarket and through certain original equipment manufacturers. The Company's primary facility is a state-of-the-art systems development and emission testing lab in Atlanta, Georgia. The Company's current clients include General Motors (NYSE:GM, http://www.gm.com; United Parcel Service (NYSE:UPS - News), http://www.ups.com; US Postal Service; Dallas County School System, Portland, Oregon School System; Oklahoma Natural Gas and a host of private purchasers.
Investors are cautioned that certain statements contained in this document are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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 US Energy Initiatives actions, which may be provided by management, are also forward-looking statements as defined by the act. These statements are not guarantees of future performance.
Contact:
For US Energy Initiatives Corporation, Tampa Core Consulting Group Paul DeRiso, 925-465-6088 http://www.usenergyic.com
Source: US Energy Initiatives Corporation
-------------------- Best Regards and Good Trading
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AAPM (.03) Announces 10 for 1 Forward Stock Split
CARSON CITY, Nev., Aug. 17 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheet: AAPM) announced that its Board of Directors have approved a 10 for 1 forward stock spilt of the Company's common stock. Each shareholder of record at the close of business on August 25, 2006, will receive 9 additional shares for every outstanding share held on the record date. The shares will be executed on August 28, 2006.
The forward stock split will be issued as free trading shares for stockholders who hold free trading shares, and restricted for those stockholders who hold restricted shares, as of the record date of August 25, 2006. All shareholders that have free trading shares in their brokerage accounts will be credited automatically by the transfer agent and those shareholders of restricted shares will have their stock sent to them directly from the transfer agent.
America Asia Petroleum is an energy company that specializes in extracting crude oil from shale rock using its proprietary patented technology and has offices in USA and China. The company presently operates through joint ventures in China that produces various products and services.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes' or statements indicating certain actions 'may,' 'could' or 'might' occur.
SOURCE America Asia Petroleum Corp
Contact Information: America Asia Petroleum Corp Investor Relations, +1-775-831-8887
-------------------- The difference between genius and stupidity is that genius has its limits
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EYII (.0075) Signs Joint Venture Agreement With IMC >BURNABY, British Columbia, Aug. 17, 2006 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII), (http://investeyi.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce the signing of a joint venture agreement with Internet Marketing Consortium ("IMC") on August 12, 2006. IMC is to provide multi media strategies, promotional, direct and targeted marketing services to EYI for an undetermined period of time. In consideration for the services provided by IMC, EYI will pay a fee of $25,000.
Mr. Beryl Wolk, a graduate of the Wharton School of Business, currently serves as IMC's Chairman and President and CEO of a Better World Marketing. Mr. Wolk, who has proven himself to be an innovator in the marketing industry with a career spanning over 50 years, was recently awarded the Pennsylvania State "Businessman of the Year Award" for the third year in a row. Mr. Wolk will assist EYI with his "hands-on" consulting, media strength and will make his database and other strategic partners available to EYI. He will focus on driving sales and channel development through Internet banner marketing, targeted email and fax marketing and media marketing campaigns which will include print, radio and TV marketing.
Mr. Sargeant, CEO and President of EYI comments, "Since we developed the concept of Integrated Marketing, the marriage of relationship marketing and traditional marketing, we have been looking for a media partner with our values and our vision. It is an honor that Mr. Wolk has entered into this partnership with us. His mission to create a better world, his success principles, his financial strength and his 50 years of media contacts give EYI a vital piece in executing our business plan. Mr. Wolk offers us a database that is unrivaled, but just as importantly, EYI now has access to the broad and extensive intelligence of his senior management team and his hundreds of strategic partners. As Mr. Wolk would say, 'the agreement offers unparalleled leverage and synergy THAT WILL MAKE FOR A BETTER WORLD.'"
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI Alternatively investors can e-mail AGORACOM Investor Relations directly at EYII*Agoracom.com.
About EYI (http://www.StopDrinkingPoison.com)
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE(r), is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases "would be", "will allow", "intends to", "may result", "are expected to", "will continue", "anticipates", "expects", "estimate", "project", "indicate", "could", "potentially", "should", "believe", "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
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WTVN (.0002) PCs Become Phones and TV Sets With 'Million Eyes and Ears Campaign' by AdCalls and Wi-Fi TV Wi-Fi TV Members Can Become AdCalls Sales Reps for the Next Generation of Phone, TV and Internet Services
NEWPORT BEACH, CA -- (MARKET WIRE) -- 08/17/06 -- The PC may become the phone and the TV of the Internet Generation, with Wi-Fi TV, Inc. (PINKSHEETS: WTVN) and AdCalls Inc. as world leading providers, if a new campaign succeeds as planned. As part of their new Strategic Relationship, Wi-Fi TV, Inc. and AdCalls Inc. (http://www.AdCalls.com), announced today that they are implementing the 'Million Eyes and Ears Campaign.' With over 1 million AdCalls® VoIP phone dialers downloaded, AdCalls® has already placed ads supporting Wi-Fi TV(TM) to all its AdCalls phone users. Now AdCalls is working with its 10,000-plus strong Team AdCalls marketing organization to sell Wi-Fi TV (http://www.Wi-FiTV.com) subscriptions and Wi-Fi TV channels alongside the AdCalls branded dialer and advertising opportunities.
"Wi-Fi TV, Inc. wants a million eyes to see Internet TV and a million ears to hear the digital sound quality of FREE ad-supported VoIP phone calls. AdCalls, with over 1 million AdCalls VoIP phone dialers downloaded and over 10,000 individuals in its Team AdCalls sales organization, is launching the 'Million Eyes and Ears' campaign to bring that kind of exposure," said Alex Kanakaris, Chairman, Wi-Fi TV, Inc.
"Wi-Fi TV, Inc. is going to give our most loyal fans -- our subscribers -- the chance to represent the sales of Wi-Fi TV Channels at $25,000 each and Wi-Fi TV Subscriptions at $24.95 per year, through the AdCalls organization. We are highly motivated by Team AdCalls and the results that they will be working so hard to achieve for the future of the PC, and mobile Internet enabled devices, in making them the phone and TV for the Internet generation," Mr. Kanakaris added.
"AdCalls is now active for PC to phone in the United States, Canada and Puerto Rico. Mexico, Argentina, Costa Rica, Australia, New Zealand and Philippines are open for inbound calls to U.S. and Canada only. PC to PC is open worldwide. As the AdCalls dialer becomes the FREE VoIP phone of choice for Internet users globally, we anticipate Wi-Fi TV becoming the new dimension in interactive TV delivery for a global audience," said Al Krauza, President, AdCalls Inc.
"Team AdCalls is offering an unprecedented combination of FREE VoIP phone calls with branding and advertising opportunities and live interactive Internet TV, and we're doing it on a growing and global scale. We are laying out a compensation plan for our entire AdCalls Team to give them the incentive to help make sure Wi-Fi TV is the clear leader in Internet TV," said Bob Warren, V.P, Sales and Marketing for AdCalls Inc.
About AdCalls®
AdCalls Inc. (http://www.AdCalls.com), headquartered in Aliso Viejo, CA, is a privately held Delaware Corporation that is fast becoming a leading provider of Internet-based technology solutions that enable businesses to deliver global VoIP solutions through a Private Label program as well as secure, coupon advertisements and special offers to millions of demographically targeted computer users in the U.S. and Canada on a patent pending VoIP free phone dialer. For more information contact: AdCalls Inc., 72 Argonaut St., Bldg. 140, Aliso Viejo, CA 92656, 949-305-3050, contact*adcalls.com.
About Wi-Fi TV, Inc.
Wi-Fi TV can be seen over the Internet in the United States, Latin America and globally. 300 channels of live TV programming, Country and Category specific breaking news and free voice over IP phone calls are available at http://www.Wi-FiTV.com.
Wi-Fi TV viewers from 130 countries around the world are tracked on the home page (http://www.Wi-FiTV.com) by the independent NeoTracker.
Wi-Fi TV, Inc. has opened a new content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact:
Colby Marceau 949-716-9397 Email Contact
Wi-Fi TV 949-675-5011 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits
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CEO Reports on Adrenaline Nation Entertainment's Strategic Direction, Revenue Model, Distribution Agreements and Programming and Branding Initiatives CLEARWATER, Fla. (EWORLDWIRE) Aug 17, 2006
Adrenaline Nation Entertainment, Inc. (Pink Sheets: ADNL), which produces Adrenaline Nation TV, the leading channel for the hottest cutting edge independent music TV, innovative independent and short films and adrenaline sports for the highly coveted 18-49 demographic, released the following business update to shareholders.
Dear Fellow Shareholders,
Adrenaline Nation Entertainment, Inc. has achieved numerous major milestones since it began trading as a public company in June of 2005. We engaged a New York City based CPA firm to complete ADNL’s first quarter 2006 audits. We continue to build our company and its brand. Adrenaline Nation TV continues to provide our growing audience with a unique destination for authentic, informative and entertaining programming. As a result, we believe our viewers are more loyal and will spend more time watching Adrenaline Nation TV than other networks that offer entertainment programming.
In the last year we created and developed the first of a steady flow of television shows for Adrenaline Nation TV, including "Bubbling Under" which features the best music from the hottest artists bubbling under the charts - "Paovae X," "Pressure Block" and "Thunder Juice" - which showcase the hottest new independent bands, music videos and artists, and Adrenaline Rush's power-packed adrenaline videos.
We co-created and secured a 26-episode contract for production and distribution of a new reality TV show for finding and fixing up classic cars, "What's in the Garage" hosted by Sheriff Gerald K. Hege. We are currently producing "Live to Ride," a show for bull-riding enthusiasts – America's fastest growing sport.
In addition, we have developed shows that inform and advise performers on contractual and other practical music industry issues. We auditioned and selected on-air hosts for each of our music blocks and other featured television shows. We purchased professional television production gear, including cameras, editing suites and microphones, capable of producing multiple television shows each week.
We developed the first version of our Web site, www.antvnet.com, and have been continuously upgrading the site with new interactive features to increase our viewership and the loyalty of our viewers.
Distribution Partnerships
We signed numerous distribution agreements that bring our current audience reach up to 28 million homes and growing.
We executed:
- An agreement with LiveOnTheNet.com, one of the leading broadband distribution systems on the internet, to broadcast Adrenaline Nation Television 24/7 on www.antvnet.com.
- An agreement with 4Com, one of the leading television channel syndication representatives in the United States, to represent ANTV's 24/7 channel.
- A two-year virtual cable distribution deal with VDC in the US, one of the fastest growing broadband distribution companies in the U.S. for ANTV’s programming on a 24/7 schedule.
- A multi-year television distribution contract with America One Network for a minimum of five music shows Monday – Friday for broadcast to its distribution network via Cable DTH, and Broadcast delivered services.
- An IPTV carriage agreement with Optical Entertainment Network to distribute ANTV's 24/7 Network in Houston, Texas to 1.8 million households via fiber-to-the-home.
In addition, we estimate that our programming currently reaches 100 million broadband subscribers via the Internet. We are currently in negotiations for several multi-year contracts with other major broadband, cable and IPTV service providers.
Other Partnerships and Appointments
We retained Greenberg Traurig LLP to represent us in all dealings with interactive TV Service Providers. Greenberg Traurig offers a global entertainment practice combined with intellectual property, new media, corporate and litigation experience.
We entered into an exclusive agreement to work with Jeff Greenfield, one of the top branded entertainment and product placement experts in the industry, principal of Buzznation, and Publisher, Branded Entertainment Monthly, to grow product placement and advertising revenue. Jeff will lead branded entertainment product placement and cross-promotion negotiations between Adrenaline Nation Entertainment, Inc., its entertainment properties and advertisers. With Jeff's help we launched a mobile marketing program with MangoMOBILE to promote our content to our growing fan base via mobile messaging, one of the hottest new trends in marketing today. This will enable us to stay in close touch with our fans via the third screen, the cell phone, using ring tones, voice tones, and wallpaper.
We secured a management contract with Mark Hughes who sold his company Half.com to e-Bay for over $300 million and is a former marketing executive of Pepsi Co. He also authored "Buzz Marketing," which was endorsed by Steve Forbes and is required reading at Stanford Business School.
We appointed John Furlow, chief of operations. In this capacity John, with whom we have worked for many years in various aspects of the music industry in Nashville, will act as CFO and oversee the daily operations and management of the company.
We hired Charles Bednarek, our senior director of production, and built our production crew. Charles has more than 20 years of television production experience. He has been a part of the production team for many highly successful television shows including The Rockford Files, Dog Eat Dog, Jay Leno, Best Dam Sports Show on TV, Grammy Awards, Emmy Awards, World Wide Wrestling, The Bold and the Beautiful and the Detroit Automotive Show.
We partnered with Carol Hinnant to lead our distribution efforts with cable and satellite providers. Throughout her career Carol has been a top performer in programming sales and marketing and affiliate relations working with the top cable TV and satellite companies, across all types of delivery media including IPTV, digital cable, Wi-Fi, high definition and mobile TV.
We hired Juan Contreras as director of artist relations to help us find the hottest new country music talent that will appeal to the viewers in our demographic. Among his credits are 22 number one George Strait hits. We will soon be announcing a new venture in the country music industry with Juan's help.
Advertising Revenues and Business Model
ANTV is leading the way in new media markets by delivering on the tremendous purchasing power of the 18-49 demographic with riveting programming they want to see in the formats they want to see it in, be it cable TV, Internet, satellite TV, mobile phones, Wi-Fi or other emerging technologies. Adrenaline Nation TV produces one of a kind sponsorships and product placement both on and off-air that fully integrates campaigns through partnerships with local ad sales and marketing teams. ANTV delivers immediate brand recognition and provides unique interactive opportunities with on-line polling, watch-and-win promotions, customized sponsorship opportunities including single show sponsorship, product placement and vignettes that fit advertisers' objectives.
Our major goal is to create revenue growth and profits through the sale of advertising as well as continued distribution growth and online ad sales. This is the core of our current and long-term efforts. As we continue to establish ourselves as a destination with advertisers and viewers, we will always look to provide fresh, innovative ideas and approaches to our targeted demographic. Our long-term plans include a move toward a national exchange listing when the company has reached the critical mass. As we move forward, we are planning for revenue and asset value growth, to update the company's regulatory filings, accounting footnotes and corporate governance procedures to ensure they meet or exceed the increased administrative requirements of a national exchange. Our planned goal is to obtain a national exchange listing by early 2007.
At ADNL we are passionate about our business model and the unique product that we provide our highly targeted audience. We have assembled a highly capable team of people to work with us, all of whom excel in their areas of expertise. We are all committed to working hard to building a leading music, entertainment and adrenaline sports broadband, cable and HD television network. We have made major strides in the last year, and we continue to build on these accomplishments as we position ourselves for continued success from both a financial and a programming standpoint. On behalf of management and everyone working here at ADNL, I sincerely thank all of our shareholders for their support.
Best Regards,
Keith Dressel CEO & Chairman Adrenaline Nation Entertainment, Inc.
Forward-Looking Statements
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.
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WNBD (.18) Winning Colours Multi-Cleaner to Debut on QVC(R)
BARRIE, ON -- (MARKET WIRE) -- 08/17/06 -- The Winning Brands Corporation (PINKSHEETS: WNBD), a manufacturer of advanced environmental cleaning solutions and personal care products, announces that its Winning Colours Multi-Cleaner brand is scheduled to make its U.S. debut on QVC Friday, August 18 at 2 PM (ET) during the "Household Helpers" program.
Winning Colours Multi-Cleaner and Stain Remover (QVC Item #V23107) is one of a range of advanced formulations being developed by Winning Brands Corporation (http://www.WinningBrands.ca) to replace hazardous chemicals in widespread use with safer alternatives. The Multi-Cleaner enables users, both consumer and industrial, to clean a much broader range of stains and spills due to its unique formulation, which is designed to be gentle to both human skin and the environment. It is non-toxic and removes stains on carpets, fabrics, car interiors and exteriors, laundry, upholstery and more.
Winning Brands' CEO Eric Lehner believes that environmentally oriented companies have a bright future. "Environmental thinking has definitely gone mainstream. The demand for products that solve problems without harming the environment is escalating rapidly as consumers are waking up to the need to make responsible choices. QVC is ready, and so are we," Lehner stated.
Colleen Friedman is scheduled to go on air as the guest for Winning Colours Multi-Cleaner. "I am thrilled to have the chance to introduce Multi-Cleaner to the vast QVC viewing audience," she said recently when discussing her role. "A product that is so kind to our skin while still being effective in cleaning is something that the market really needs," she added. "QVC is very selective, so this is a fabulous start."
Previously, Winning Brands Corporation reported the commencement of shipment of its products to other markets outside North America, notably in Europe, China and India, giving the company effective representation on three continents beginning in the third quarter 2006.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control. Release 14.
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WAIV (.07) Announces Agreements With BraXta Corporation
LOS ANGELES, Aug. 17 /PRNewswire-FirstCall/ -- World Associates, Inc. ("World") (OTC: WAIV) announced today that it has entered into a strategic alliance with BraXta Corporation, a Delaware company, that resulted in two agreements. These agreements could represent a milestone in World's development if the outcomes are positive.
BraXta has established a MasterCard credit platform focused on rehabilitating credit of card users who have defaulted on their credit card debt. The program provides debtors a path for recovery and a method for reestablishing their credit. Information about the program is available on BraXta's web site located at: http://www.braxta.com.
The first agreement between BraXta and World provides that World, through a newly created entity named Credit Restoration Capital LLC ("CRC"), will provide investment capital for BraXta's MasterCard program in return for an ongoing interest in BraXta. Private investors provided funding for CRC and real estate assets controlled by World secure their investment. BraXta's credit restoration business is expected to generate consistent profits. Those profits could allow BraXta and World to consider additional investments in World's land development business in the future.
In a separate agreement between World and BraXta, BraXta agreed to purchase 10% of the issued and outstanding shares of World, or 11,200,000 shares, for five million ($5,000,000) US dollars. That equates to a share price of approximately $0.45 per share. The stock BraXta acquires will be restricted and BraXta has authorized World to report that BraXta has no plans to sell the stock at this time. BraXta intends to acquire its stock in World over the next twelve months from the profits of its credit restoration business. Since that business is important to the success of this transaction, World expects to update the public on its status throughout the year.
World and BraXta are discussing other ways to cooperate including working together to create real estate backed securities and creating further methods to expand World's land development business, among other things.
This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933, as amended. Although World believes that the expectations reflected in this press release are reasonable, no assurance can be given that they will prove correct or without a material difference from what is expected. The company remains exposed to risk factors that could affect the outcome of these agreements. Those include: economic conditions, that the credit restoration business does not perform as expected and other factors. For further information contact:
World Associates, Inc.
818-991-1770
info*worldassociates.com
SOURCE World Associates, Inc.
Contact Information: World Associates, Inc., +1-818-991-1770, info*worldassociates.com
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SLJB (.076) Negotiates Acquisition of Lumber Mill
WINDSOR, ON -- (MARKET WIRE) -- 08/17/06 -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that it is acquiring a lumber mill with operations in both the Province of British Columbia and the State of Washington.
CEO Steve Sulja stated: "We have decided to remove the middle man in our supply chain. The acquisition of the lumber mill will decrease our finished lumber product costs by over 30%. The decrease in finished product price will make us more competitive in the North American bid process and will increase our market share of projects. More details will be released after the closing papers are completed. Sulja Bros. will strengthen and utilize the full potential of the lumber mill supply chain to create sustainable shareholder value."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result 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.
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Press Release Source: Universal Communication Systems, Inc.
Universal Communication Systems, Inc. Wholly Owned Subsidiary Solar Style, Inc. Concludes Agreement With Airport Wireless, Inc. and Rolls Out a Range of Its Unique Solar Chargers to More Than 29 U.S. Airports Thursday August 17, 11:01 am ET
Company Product Roll-Out Program Highly Successful
BALTIMORE, MD--(MARKET WIRE)--Aug 17, 2006 -- Universal Communication Systems, Inc. (OTC BB:UCSY.OB - News) (Berlin:UVC.BE - News) (XETRA:UVC.DE - News) (Frankfurt:UVC.F - News) (Munich:UVC.MU - News) (WKN: 917633) subsidiary Solar Style, Inc. announced today that the company has concluded an agreement with Airport Wireless, Inc. as well as other national airport retailers and has rolled out its range of solar chargers to more than 29 U.S. airport locations. Source: Universal Communication Systems, Inc.
(click to enlarge) · Solar Style · Universal Communication System
In a statement, Michael Zwebner stated: "We are pleased to announce that we are working well ahead of schedule. We recently announced our plans to retail our range of solar chargers and solar powered products in 30 U.S. airport locations by year end, and now we have succeeded in concluding this plan some 4 months ahead of schedule. Airport Wireless, Inc. is an established airport retailer, and working with them, we have reached an agreement to offer the traveling public our range of solar chargers and solar powered products immediately. The company will continue to open and or secure more retail outlets, and fully expects rapid growth in retail sales to follow."
Mr. David Goldschmidt, director of Airport Wireless, Inc., stated: "Airport Wireless is looking forward to a growing relationship with Solar Style, Inc. to offer these greatly needed products in the airport retail industry, we are very excited to offer this new and exciting product range to all our customers."
In a separate development, the company is pleased to announce that it has reached agreement with several other airport retailers and the company has commenced rolling out the complete range of its solar chargers and solar powered products to multiple airport locations nationwide. The company is also making solid progress in developing overseas markets, and will be making announcements in that regard soon.
About Solar Style, Inc.
Solar Style, Inc. www.solarstyle.com, based out of Baltimore, MD, offers a complete range of PV Solar Chargers with sizes and powering capabilities for a wide range of consumer electronic products, including mobile phones, Walkmans, Discmans, cameras, mp3 players and personal gaming systems. The company sees the global demand for powering devices continuing to grow, as is the portable consumer electronics market. With the consistently growing presence of mobile computers and other small handheld devices, the need for portable power/charging is soaring. Solar Style fully intends to secure and maintain its leading market position in this new exciting industry. The company has filed and applied for U.S., Canada, European and world-wide patent protection for its range of solar chargers, as well as its new state of the art "Power Pack" PV solar charger. Full product images and complete details are available on the company's website. www.solarstyle.com
About Universal Communication Systems, Inc.
For more information on the company, please visit the company's official web site at: http://www.ucsy.com
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Universal Communication Systems, Inc. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
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RKLC (.16)Receives Approval From Chock Full o'Nuts Parent Company for Multi-Branded Food Concepts >MILLER PLACE, N.Y., Aug. 17, 2006 (PRIMEZONE) -- Rockelle Corporation (OTCBB:RKLC), a developer, owner, operator and franchiser of unique food concepts and quick-service restaurants, is delighted to announce that they have received approval from Massimo Zanetti Beverage, USA, the parent company of Chock Full o'Nuts, that permits Rockelle to combine other food concepts with a Chock Full o'Nuts Coffee Shop. This agreement allows Rockelle to create dual or multi branded locations featuring Chock Full o'Nuts.
Mr. Gerard Stephan, President & CEO of Rockelle Corp., said, "We intend to provide details soon on when and where Rockelle will utilize this dual concept privilege. In fact, we already have a commitment from CIT Group, Inc., a leading commercial and consumer finance company, to fund such a dual concept project."
Mr. Stephan went on to say, "The many recent developments over the past few months should provide Rockelle the ability to accelerate our franchise and revenue growth. I have never felt more confident in a bright future for our company."
Forward-Looking Statements
Statements released by Rockelle Corporation that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
CONTACT: Rockelle Corporation
Investors:
Jerry Stephan
(631) 244-9841
Surety Financial Group, LLC
Brokers:
(410) 448-1130
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FKLT (.012)CDU-550 Mobile Broadband USB Modem Supported in Apple's Latest Release of Mac OS X v.10.4.7
SAN DIEGO, CA -- (MARKET WIRE) -- 08/17/06 -- Franklin Wireless Corp. (PINKSHEETS: FKLT), a developer and marketer of wireless broadband communication devices and applications, announced today that its CDU-550 Mobile Broadband USB modem is supported on Intel based Macintosh systems running the latest update of Mac OS X v.10.4.7 operating system. With the latest update to OS X, Intel based Mac users can now plug in their CDU-550 USB modem and access Sprint Mobile Broadband Data Services operating on the Sprint Power Vision Network without complicated hardware driver setup and configuration procedures.
Franklin's CDU-550 is the country's very first mobile broadband USB modem based on CDMA2000 1x EV-DO technology and will be available immediately through Franklin and its authorized distributors, and to business customers through Sprint indirect sales channels later this month. This revolutionary product enables Mac laptop and desktop users to connect to the internet anytime, anywhere with true wireless mobility not limited by the confines of hot-spot. Franklin's CDU-550 allows users to access email and browse the internet at speeds comparable to cable and DSL connections.
"Franklin is pleased to be able to provide Mac users a long awaited mobile broadband USB modem solution that works seamlessly with their computers," said Mr. OC Kim, President of Franklin Wireless.
About Franklin Wireless
Based in San Diego, California, Franklin Wireless Corporation (PINKSHEETS: FKLT), a developer and marketer of wireless broadband communications devices and applications, designs, develops, manufactures, and markets wireless products for the global wireless subscribers. The company's product lines incorporate both WCDMA and 3G CDMA technologies. At present, the company markets its products to North America, Central America, South American and the Caribbean carriers and major distributors. For more information, visit http://www.franklin-wireless.com.
Certain statements in this press release constitute "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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.
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HRRP (.0047) Confirms Estimated Inferred Resource of Over One Million Tons of Ore From Claim at Overman Proper Company Is Ready to Commence Drilling Program at Overman Property
NEW YORK, NY -- (MARKET WIRE) -- 08/17/06 -- HE-5 Resources, Corp. (PINKSHEETS: HRRP), today announced that one of the seventeen claims included in the Company's Overman Property site contains an estimated inferred resource of over 1 million tons of ore for Phase I of the Drilling Program. This estimate does not take into account the tonnage that lies under the existing pit floor. The inferred resource is based on results of the tests performed on ore samples from the Overman pit that were extracted during five drilling programs prior to HE-5's acquisition of the Property. Following these positive results from the assaying of past samples, HE-5 is pleased to report that it is now ready to commence Phase I of the Drilling Program at the Overman Property.
HE-5 is in the process of completing its audited financial statements, which will reflect results from operations on an annual basis for the previous two years, ending on August 31, 2006. The Company has decided to release these annual audited statements rather than the Opening Statement for the first quarter of 2006 (as reported on May 5) due to the fact that it will provide investors with a more accurate and complete representation of the financial progress and condition of the Company. Currently, HE-5 declares that it is debt-free and in a positive cash position even after incurring approximately $500,000 in pre-production or operational costs to date.
HE-5 today also confirmed that the roadwork and drill pad construction have been completed. Recent digital photos of the Overman Property, which include an image of the road that extends to the floor of the pit, have been posted on the Corporate website at: http://www.he-5resourcescorp.com/overman.html.
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 metals: gold, silver, copper, zinc and platinum.
For more information on HE-5 Resources, Corp. please contact CEO Denyse Raynault at Raynault*he-5resourcescorp.com or visit the Corporate website at http://www.he-5resourcescorp.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.
TORONTO, Aug 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Equitable Mining Corp. (Trading as EQBM.PK & E5W.F) is continuing to move forward on all of its previously announced projects.
In additional news Equitable Mining Corp. has initiated several new relationships and continues to develop existing relationships with market makers in Europe to help create investor awareness on the Frankfurt Exchange. The Company anticipates an active trading market will develop, by the end of next month, after the traditional summer holidays are over.
The various different holidays and vacation schedules of attorneys in the several countries where Equitable Mining Corp. is negotiating legal agreements have caused a delay in reaching final and executable documents for the various transactions. The Company is pushing for closings on all fronts but is being delayed because of summer schedules.
Equitable intends to issue additional updates periodically as transactions progress toward closings.
Safe Harbor
Certain statements above constitute forward-looking statements. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.
Golden Eagle Advances Gold Project in Eastern Bolivia; Bolivian Government Continues to Show Support for Country's Mining Industry 8/17/2006
SALT LAKE CITY, Aug 17, 2006 (BUSINESS WIRE) -- Golden Eagle International Inc. (OTCBB: MYNG) announced today that its field crews are advancing its gold project on the B and C Zones of its Ascension Gold-Copper Trend in eastern Bolivia.
During the past month the build-out of the mining camp for the B and C Zones exploration and development was completed. Exploration and infrastructure surveying, and work clearing access to various points on the target sites, have been accomplished. Auger drilling and sampling along survey exploration lines has been carried out and is continuing. The company is also designing its pilot plant to take advantage of components that it has in inventory in Santa Cruz, and is working within the local market to acquire any additional required pieces.
"The activity level is currently very high on our B and C Zones gold project," stated Mac Delozier, Golden Eagle's VP for Bolivia. "We are working diligently to finish up our exploration efforts to get this project into pilot production."
This week Golden Eagle's officers in Bolivia also received positive representations of support from the Ministry of Mining and Metallurgy. These communications follow up on Minister Walter Villarroel's comments in May at the annual convention of the PDAC where he confirmed the government's desire to "create a competitive and secure environment for mining investment that will foster job creation, infrastructure modernization and industry partnership." The Minister also stated, "I am pleased to have this opportunity to send the message from the president (Evo Morales) that we are working hard to establish the legal security that investment in the mining industry requires on a long-term basis."
Eagle E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the company at: eaglealert*geii.com.
Golden Eagle International Inc. is a gold and copper exploration and mining company headquartered in Salt Lake City, and with offices in La Paz and Santa Cruz, Bolivia. The company is currently focusing its efforts on developing its mining rights on its Buen Futuro project within its 136,500 acres (213 square miles) in eastern Bolivia's Precambrian Shield.
The company highly recommends that you review its disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found at its Web site: www.geii.com.
Cautionary Note Regarding Forward-Looking Statements and Risks
Some of the statements in this press release are forward-looking statements and are based on an assumed set of economic conditions and courses of action, including: (a) Golden Eagle's ability to obtain the necessary financing on reasonable terms in light of current social and political conditions in Bolivia; (b) estimates of mineral reserves and future production levels; (c) expectations regarding estimated mine production costs taking into account higher petroleum prices, expected trends in mineral prices, and statements that describe Golden Eagle's future plans, objectives or goals; (d) uncertainties that result from actions that may be taken in Bolivia relative to increases in the Complementary Mining Tax, Corporate Income Tax or the amount paid for mining patents (claims fees) in the future; and (e) other risk factors and matters disclosed in Golden Eagle's Securities and Exchange Commission ("SEC") filings which may be accessed at www.sec.gov. There is a significant risk that actual material results will vary from projected results depending on such factors as changes in general economic, social and political conditions in Bolivia and financial markets; changes in gold and copper prices; technological and operational hazards in Golden Eagle's mining and mine development activities; uncertainties inherent in the calculation of mineral reserves, mineral resources and metal recoveries; the timing and availability of financing; governmental and other approvals, and other risk factors listed from time to time in Golden Eagle's Form 10-K and its other reports filed with the SEC. Golden Eagle's mining projects in Bolivia described in this release, and related evaluations, or in our other disclosures, should not be construed by any means as an indication of the present or future value of the company or its common stock. Additionally, our plans with respect to the Buen Futuro gold and copper project, or the B & C Zone gold project, should not be construed by any means as an indication of whether we will ever conduct successful mining operations in connection with those projects. Golden Eagle disclaims any responsibility to update forward-looking statements made herein.
SOURCE: Golden Eagle International Inc.
Golden Eagle International Inc., Salt Lake City Sabrina Martinez, 801-619-9320 (Investor Relations)
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UAMA .064 - United American Corporation Posts First Quarterly Net Profit; Revenues Up 257 Percent From Previous Year Aug 17, 2006 1:00:00 PM 2006 PrimeZone Media Network MONTREAL, Aug. 17, 2006 (PRIMEZONE) -- United American Corporation (OTCBB:UAMA) is pleased to announce that it has recorded its first quarterly net profit for the 3 month period ending June 30, 2006 for its combined wholesale VoIP termination services and its TeliPhone(tm) Retail operation. Revenues for the 6 month period ending June 30th, 2006 have hit $4,347,336, a 257% increase over the same period last year.
The growth is primarily attributed to increased telecommunications traffic through our existing gateways in Gabon and Mali, Africa, along with brokered termination minutes in other countries such as Mexico and the Philippines.
About United American Corporation
United American Corporation is a holding and management company focused on next generation Voice over Internet Protocol (VoIP) based telecommunications. On the wholesale side, United American Telecom operates an international VoIP settlement and exchange gateway linking Tier 1 and Tier 2 Telecom carriers with United American's installed gateways in countries such as Mali and Gabon, Africa. Its Retail operations center on its flagship TeliPhone(tm) brand, which provides innovative internet-based telecommunications services to the U.S., Canadian and Indian marketplace, as well as white-label software platforms to Tier 1 & 2 Telecom carriers. TeliPhone services are present in every continent. For more information, visit the company website at www.unitedamericancorp.com.
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FBVG (.39) to Produce 12,000-Case First Order >VALENCIA, Calif., Aug. 17, 2006 (PRIMEZONE) -- Fire Mountain Beverage Company (Pink Sheets:FBVG) announces its first production run generated by its new sales and distribution team, encompassing 12,000 cases of water products. The Company is looking very hard at its ability to place products into the recently added distribution system, and is extremely optimistic but making conservative estimations on the potential of sales that can be achieved in the system.
According to Sandra Thomas, VP, Product Development, "we are receiving orders that far outweigh what we had anticipated. I guess the market is hungrier than we thought with regard to our products. We have already sold a truckload of Energy Drinks that we still have under development. This is an exciting time for us and is only the beginning of our sales push. The magnitude of opportunities this company has received this week has us thinking in a new way, causing us to add new staff for accounting, as well as looking at production and the cost savings that can be achieved by purchasing and or leasing additional equipment.
"We will be making significant changes in the near future with regard to our production partnership and our overall business strategies. Our goal is to make cost-effective decisions that will drive sales and profits."
Fire Mountain Beverage Company develops, markets, sells, and distributes branded purified and oxygenated-vitamin-flavored water beverages. The Company products are oriented to the health-conscious consumer looking for alternatives to tap water and carbonated beverages containing sugar, caffeine, sodium and carbohydrates. Fire Mountain's customer base includes single and multi-store retail operations, governmental agencies, distributors, convenience stores, schools and other outlets. These products take advantage of current market trends in the beverage industry that enhance the quality of life.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
CONTACT: Fire Mountain Beverage Company
Anthony K. Miller, CEO
(661) 362-0716
info*firemountainbeverage.com
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NIMU (.65) Announces Grant of Patent on Non-Invasive Means to Stimulate Release of Be Business Editors / Health/Medical Writers
NORTH BAY VILLAGE, Fla.--(BUSINESS WIRE)--Aug. 17, 2006-- Gary MacLeod, Chief Executive Officer, Non-Invasive Monitoring Systems, Inc. (OTCBB:NIMU) announced that the US Patent Office issued Patent 7,090,648 on August 15, 2006 entitled, "External addition of pulses to fluid channels of body to release or suppress endothelial mediators and to determine effectiveness of such intervention."
MacLeod added: "This second patent (first issued as US patent 6,155,976 in 2000) encompassing 156 claims that is assigned to NIMS further protects the value of the Company's flagship product (AT-101) for therapeutic and diagnostic applications that have already been published in peer-reviewed research studies as well as for future products and applications."
"The AT-101 is a platform that repetitively moves a supine person lying on a mattress in a head to foot direction at about 140 times a minute with a displacement of 3/4 inch or less over a period of 30 to 45 minutes. Such motion adds smaller amplitude pulses to the natural pulse at the frequency of the platform movements thereby providing the beneficial effects disclosed in the patent."
Dr. Marvin Sackner, Chairman of the Board of Directors as well as co-inventor with D. Michael Inman, stated: "it is well established that aerobic exercise causes release of beneficial mediators into the circulation but the technology disclosed in this patent is the first non-invasive, drug-free means to cause release of the same beneficial mediators in resting subjects. Such mediators include nitric oxide, prostacyclin, tissue plasminogen activator (tPA) among others. Research findings in large animal models corroborating this action have been published by Dr. Jose A. Adams and associates at Mount Sinai Medical Center of Greater Miami. In healthy adults and patients, Drs Sackner and Adams found application of this technology changed the pattern of the finger pulse wave in human volunteers that signified dilation of blood vessels caused by nitric oxide. In healthy adults, this effect was equivalent to moderate exercise."
Dr. Sackner added that: "Drs Adams, Abraham, Sackner and others from Mount Sinai Hospital of Greater Miami have published that mediators released by this technology as disclosed in this patent reduce pulmonary hypertension in aspiration pneumonia, airway narrowing in experimental asthma, and cardiac dysfunction subsequent to resuscitation following cardiac arrest in large animal models."
The AT-101 cannot currently be sold in the United States pending FDA approval except for research investigations. The device has been reviewed in a pre-IDE meeting with FDA and a clinical trial is planned for its intended use of temporary relief of musculoskeletal pain associated with osteoarthritis of the hips.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES INDUSTRY KEYWORD: HEALTH ALTERNATIVE MEDICINE CARDIOLOGY HOSPITALS MEDICAL DEVICES SOURCE: Non-Invasive Monitoring Systems, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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