DENVER, CO -- (MARKET WIRE) -- 08/07/06 -- At the close of business Monday, DC Brands International, Inc. (PINKSHEETS: DCBI) announced they will be entering the vending machine business within the next 30 days. The company's VP of Sales Richard Muscarella said, "I just returned from an excellent meeting with one of our distributors at which we formulated and agreed to the rollout of our product line. Above and beyond all of the traditional things we do to launch in a new territory with POP materials and promotions etc., these new partners provide us the ability to instantly launch into many hundreds of vending machines they own; all of which are in prime locations. Perhaps the best part of this strategy is the fact that a very large percentage of these machines are located throughout a myriad of college campuses. You cannot get much more targeted than college kids for our products. The plan is to fill these machines first as this can be done immediately without the need to sell retailers or wait in line for shelf space. Then over the subsequent 4-6 weeks, we will quickly work our way out into the surrounding convenience, grocery and liquor stores as well as the bars and nightclubs. Basically, as fast as we can get the stickers made for the various buttons, we will begin filling the machines."
DC Brands International, Inc. markets its Dickens Energy Cider through a growing network of distributors nationwide. They intend for this new entry to the energy drink market to become a direct competitor to the market leaders Red Bull®, Monster®, and Rockstar®. However, they differentiate their drink with an additional ingredient, Horny Goat Weed, which adds a unique flavor that has won mouths over across the nation. As stated in previous press releases, DC Brands is also in the process of releasing their new "bag-in-the-box" and their alcohol versions of the product. (Please refer to those previous releases for more information.) The company's headquarters is located at 9500 W. 49th Ave, Wheat Ridge, CO 80033. For more information on the company, visit their web site at DickensEnergyCider.com. Primary Contact: Keith Howard 303-279-3800
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.
Contact: Keith Howard 303-279-3800
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
CFCJ (.029) Moves Forward to Begin the Filing Process Towards an Application for Bulletin Board Listing Aug 7, 2006 4:05:00 PM 2006 PrimeZone Media Network
CEDARHURST, N.Y., Aug. 7, 2006 (PRIMEZONE) -- Consumers Financial Corporation (Pink Sheets:CFCJ) ("CFCJ") today announced that it is beginning the process of filing for reinstatement of its trading on the Nasdaq Bulletin Board.
Jack I. Ehrenhaus, Chairman of the Board stated, "This filing will bring us into conformity with the requirements for a fully reporting over the counter public company. We are delighted to be able to bring our filings up to date, and we will arrange for the filing for reinstatement of CFCJ stock quotes on the Bulletin Board. It is a very important move needed to encourage investor confidence."
The National Association of Securities Dealer (NASD) provides several levels at which a public company can be placed for purposes of locating quotes and market making by Broker Dealers. The Bulletin Board listing provides for the Company's stock to be easily accessible for most Broker Dealers and the status of a company as a fully reporting company indicates a willingness by a listed company to subject itself to regular reporting and certification of audited financial statements.
Mr. Ehrenhaus further stated, "We think it is imperative for CFCJ to be listed as a fully reporting company. The credibility opens our stock to a much wider trading environment, and investor. We are happy that we can begin the process of relisting our shares on the Bulletin Board and I fully expect that the completion of this process will usher in a period whereby several acquisition candidates which we have been negotiating will now feel comfortable to complete the process and become a part of our corporate structure."
New Acquisition: Consumers recently announced that it had closed on a contract to purchase a 51% in GS Woodmere, Inc., a wholly owned subsidiary of GS Woodmere Group, Inc., a Queens based medical billing and collections service agency (Woodmere).
Consumers Financial Corporation is a diversified merchant banking and financial services company dedicated to finding and assessing the value of microcap companies strategically located in markets where significant growth and profits can be obtained. CFCJ targets companies where management is exceptional, products are proprietary, techniques, software or technology provide some measure of exclusivity, where profit margins are above average and where these companies can benefit from CFCJ's financial assistance either through equity or credit facilities. The Company trades under the symbol CFCJ and can be found on the Over the Counter Pink Sheets.
This press release includes or may include certain statements, estimates and forward looking projections of the company with respect to the anticipated future performance of the Company. Such statements, estimates and forward looking projections reflect various assumptions of the management of the Company that may or may not prove to be correct and involve various risks and uncertainties including, but not limited to, the risk factors contained herein.
CONTACT: Consumers Financial Corporation Jack I. Ehrenhaus, President, Chairman (516) 792-0900
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Spare Backup Solution to Be Offered for In-Store Installation at Circuit City Locations Nationwide 8/7/2006
PALM DESERT, Calif., Aug 07, 2006 (BUSINESS WIRE) -- Newport International Group (OTCBB:NWPO) announced today that its Spare Backup Inc. subsidiary and Circuit City Stores Inc. (NYSE:CC), a leading specialty retailer of consumer electronics, will offer a free 30-day, no-obligation trial of the online backup service on all new computer purchases starting early this month.
Through automatic daily backups, the service provides comprehensive protection of the customer's data, photo and music files. Circuit City's PC services team will install the service at the store.
After the free 30-day trial, the customer will have the option to continue with the online backup service for as little as $4.99 per month for unlimited backup, subject to the terms and conditions on the Spare Backup Web site and in the end-user agreement. Spare Backup will receive a monthly recurring revenue stream from customers who subscribe to the service on an ongoing basis.
"Many people don't bother to back up the data on their PC because it takes time and effort, and that puts them at substantial risk for data loss. Our Spare Backup solution removes the pain," said Cery Perle, CEO of Spare Backup Inc. "This agreement with Circuit City not only gives PC owners an option to try before they buy, but it also provides a new and highly visible marketing channel for the service. This is a significant development in our efforts to increase market penetration and demonstrate the value of our service to potential long-term customers."
Spare Backup is a fully automated remote backup solution. It starts by scanning the user's hard drive, including the desktop and e-mail programs, for files and application components necessary to produce an exact replica of the original. Then it transports the data daily, including new and revised files, to twin data centers on both U.S. coasts. Files are triple-encrypted and can be accessed from any broadband, Web-connected computer anywhere. For more information and a free trial, visit http://www.sparebackup.com.
About Circuit City
Circuit City Stores Inc. (NYSE:CC) is a leading specialty retailer of consumer electronics. The domestic segment operates through 630 Superstores and five other locations in 158 U.S. markets. The international segment operates through more than 950 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com and at http://www.thesource.ca.
About Spare Backup Inc.
Spare Backup Inc., a subsidiary of Newport International Group, is the developer of Spare Backup service, the first online backup service specifically designed for small business and home business users. For more information visit www.sparebackup.com.
About Newport International Group Inc.
Newport International Group (OTCBB:NWPO) is dedicated to leveling the digital playing field for small- and medium-sized companies. Its subsidiaries provide digital tools and services that are as powerful as those available to large enterprises, but are designed and developed so that technical skills aren't needed to use or manage them. The company has headquarters in Palm Desert. More information is available at http://www.nwpo.biz.
Safe Harbor Statement
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.
SOURCE: Newport International Group
Wolfe Axelrod Weinberger for Newport International Group Robert Schatz, 212-370-4500 rob*wolfeaxelrod.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
AGIS (.038) 62% Increase in Revenues Over Second Quarter 2005 and Continued Improvement in Profit Performance Aug 7, 2006 6:09:00 PM
IRVING, Texas, Aug. 7 /PRNewswire-FirstCall/ -- Aegis Communications Group, Inc. (OTC Bulletin Board: AGIS), a worldwide transaction-based business process outsourcing company that enables clients to make customer contact programs more profitable and drive efficiency in back office processes, announced earlier today its earnings report for the second quarter ending June 30, 2006. All dollar figures are expressed in thousands.
Aegis's Chief Executive Officer Kannan Ramasamy commented: "We continued to make solid progress on all aspects of our business operations. We have seen growth with our traditional accounts in telecom and financial services and our recent accounts in healthcare. The benefits of our new financing arrangement, the progress on consolidating to a VoIP based platform and continued management by metrics at all operating levels is driving our cost efficiencies and improvement in profitability."
Net income: For the second quarter 2006, we recognized net income applicable to common shareholders of $1,588 versus a net loss applicable to common shareholders of $4,393 for the comparable second quarter 2005, representing an increase in quarterly turnaround to profitability of $5,981 for the second quarter. The Company measures operating performance through EBITDA, which is operating income excluding the expense of depreciation and amortization charge. The Company continued its return to profitability, with EBITDA profit of $2,817 for the second quarter 2006 versus an EBITDA loss of $1,920 for the comparable second quarter 2005. The change from 2005 represents cost savings instituted during the 2005 year to right size the business and focus on diversification of marketing to different industries, mainly initiated in the areas of healthcare related business pertaining to Medicare Part D services.
Revenues: For the quarter ended June 30, 2006, revenues from continuing operations were $25,629 versus $15,807 in the comparable second quarter 2005, an increase of $9,822, or 62%. This growth in revenues was mainly attributable to the increase in accounts related to healthcare call operations associated with Medicare Part D customers as well as on going customer relationship work for Humana. Additionally, there was an increase in business received from our existing customers, Western Union, Comcast and Bell South continuing on from the first quarter 2006.
Revenue Mix: Inbound CRM and non-voice services continued to be responsible for the majority of our revenues in the second quarter 2006. Together those two service areas accounted for approximately $20,800 (81.2%) of our revenues, as compared to $13,700 (86.7%) in the second quarter 2005. Outbound CRM revenue accounted for approximately $4,800 (18.8%) of total revenues for the three months ended June 30, 2006 as compared to $2,100 (13.3%) due to a renewed focus on our customer acquisitions by our telecom clients.
For the three and six months ended June 30, 2006 and 2005, the mix of revenues was as follows:
Three Months Ended Six Months Ended June 30, June 30, (Dollars in millions) 2006 % 2005 % 2006 % 2005 % Inbound CRM $19.1 74.6% $12.1 76.6% $43.6 78.7% $24.9 79.3% Outbound CRM 4.8 18.8% 2.1 13.3% 8.3 15.0% 3.3 10.5% Non-Voice & Other 1.7 6.6% 1.6 10.1% 3.5 6.3% 3.2 10.2% Total revenues $25.6 100.0% $15.8 100.0% $55.4 100.0% $31.4 100.0%
We are dependent on several large clients for a significant portion of our revenues. The loss of one or more of these clients or a significant decline in business with any of these clients individually or as a group, or our inability to collect amounts owed to us by such clients, could have, and in the past have had, a material adverse effect on our business.
Cost of Services: Cost of services increased by approximately $5,535, or 47.2%, from $11,732 for the quarter ended June 30, 2005 to $17,267 for the second quarter of 2006. Cost of services as a percentage of sales decreased from 74.2% for the three months ended June 30, 2005 to 67.4% for the comparable period in 2006. The absolute increases in the cost of services for the quarter is attributable to more services provided. The lower percentage of cost in 2006 represents increased efficiencies in operating costs related to production costs for the same periods in 2005.
Selling, General and Administrative Expenses: Selling, general and administrative expenses decreased $450 from $5,995 for the three months ended June 30, 2005 to $5,545 for the three months ended June 30, 2006. The decreases are mainly attributable to cost containment strategies of all general and administrative expenses initiated in 2005 as well as a reduction in overall costs of the Company's sales and marketing expenses outsourced.
Aegis Profile
Aegis Communications Group, Inc. (Aegis) is a worldwide transaction-based business process outsourcing Company that enables clients to make customer contact programs more profitable and drive efficiency in back office processes. Aegis' services are provided to a blue chip, multinational client portfolio through a network of client service centers employing approximately 3,700 people and utilizing 3,059 production workstations. Further information regarding Aegis and its services can be found on its website at http://www.aegiscomgroup.com .
The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not based on historical facts are "forward-looking statements". Terms such as "anticipates", "believes", "estimates", "expects", "plans", "predicts", "may", "should", "will", the negative thereof and similar expressions are intended to identify forward-looking statements. Such statements are by nature subject to uncertainties and risks, including but not limited to: the Company's reliance on certain major clients; unanticipated losses of or delays in implementation of client programs; higher than anticipated implementation costs associated with new client programs; the successful combination of revenue growth with operating expense reduction to result in improved profitability and cash flow; government regulation and tax policy; economic conditions; competition and pricing; dependence on the Company's labor force; reliance on technology; telephone and internet service dependence; and other operational, financial or legal risks or uncertainties detailed in the Company's SEC filings from time to time. Should one or more of these uncertainties or risks materialize, actual results may differ materially from those described in the forward- looking statements. The Company does not intend to update any of those forward-looking statements.
(financial statements follow)
Aegis Communications Group, Inc. Unaudited Condensed Consolidated Statements of Operations (Dollars in thousands, except per share amounts)
Three Months ended Six Months ended June 30, June 30, 2006 2005 2006 2005 Revenues $25,629 $15,807 $55,440 $31,446 Operating costs: Cost of services 17,267 11,732 38,354 23,278 Selling, general and administrative expenses 5,545 5,995 12,183 12,300 Depreciation and amortization 768 1,847 1,582 3,593
Total operating expenses 23,580 19,574 52,119 39,171
Income/(loss) from continuing operations before income taxes 1,702 (4,393) 2,467 (8,837)
Income taxes expense 114 --- 114 ---
Net income/(loss) 1,588 (4,393) 2,353 (8,837) Preferred stock dividends --- --- --- --- Net income/(loss) applicable to common shareholders $1,588 $(4,393) $2,353 $(8,837)
Basic and diluted income/(loss) per common share $0.00 $(0.01) $0.00 $(0.01)
Weighted average shares of common stock outstanding (in thousands): Basic 1,146,741 659,577 1,146,741 659,577 Diluted 1,146,741 659,577 1,146,741 659,577
Aegis Communications Group, Inc. Condensed Selected Financial Data (Dollars in thousands)
June 30, December 31, 2006 2005 Assets (Unaudited) AUDITED Cash and cash equivalents $--- $270 Accounts receivable trade, net 17,849 9,296 Total current assets 18,643 10,435 Property and equipment, net 6,053 7,490 Total assets 24,872 18,115
Liabilities & Shareholders' Deficit Short term revolver $4,192 $904 Accounts payable 6,646 6,281 Other current liabilities 11,041 9,405 Current portion of debt 3,354 1,609 Total current liabilities 27,161 20,447 Long term notes payable, net of current portion --- 1,617 Total shareholders' (deficit) (4,368) (6,721)
SOURCE Aegis Communications Group, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
MSITF (.0002) Involved in Dispute With US Based Investment Company Aug 7, 2006 5:00:00 PM
EDMONTON, Alberta, Aug. 7 /PRNewswire-FirstCall/ -- Medical Services International Inc. (OTC: MSITF) has become involved in a dispute with a US based Investment Company. As a result of the dispute Medical Services will be claiming damages of 75 million dollars against the investment company. In the dispute, Medical Services is alleging conspiracy, fraud, material misrepresentation, scheme to manipulate stock and interference with economic advantage by deliberately with malice of forethought forcing the value of the MSI stock downward without regard to the damage to the Company and its shareholders. This lawsuit was filed in Chicago under Case #06L001178.
In June 2005, MSI entered into an agreement with Financial Alchemy LLC and Randall Goulding to fund $450,000 US. As collateral, Medical Services put up shares in the Company. Financial Alchemy was to fund $450,000 US at closing. They were only able to fund $250,000 at closing even though Medical Services delivered all of the collateral shares for the entire amount. Medical Services put pressure on Financial Alchemy and Randall Goulding to fund the remaining $200,000 US. Almost immediately there was significant downward pressure on the price of Medical Services stock. Medical Services contacted Financial Alchemy and Goulding and confronted them with the allegation that they were selling the collateral stock before the funding was complete. It is the allegation of Medical Services that in order to fund the remaining $200,000 of the financing that Financial Alchemy on the instructions of Randall Goulding deliberately with malice of forethought began forcing the price of the MSI shares down through the sale of collateral shares that had not yet been funded. By forcing the price of the MSI shares down they were able to demand additional shares at significantly lower pricing.
Medical Services refused to give Financial Alchemy LLC and Randall Goulding additional shares and attempted to redeem its stock from Financial Alchemy. Financial Alchemy refused to let Medical Services redeem its stock or to tell MSI how much of the collateral stock that they had left. They refused to give Medical Services an accounting related to the stock. Medical Services was subsequently able to find out that Financial Alchemy had sold all of the collateral stock. It is the allegation of MSI that Financial Alchemy did not have the funds to complete the funding and needed Medical Services shares to sell in order to complete the funding. It is further alleged that Goulding instructed Alchemy to sell the collateral stock without regard to the damage that it was doing to the Company and its shareholders in order to fund the remaining $200,000. It is further alleged that Financial Alchemy refused to allow MSI to redeem the collateral stock because Financial Alchemy had already sold the collateral stock for a value greater than $450,000.
It is Medical Services allegation that the current price of the stock is a direct result of the illegal behavior of Financial Alchemy LLC operating on the direct instructions of Randall Goulding. Medical Services alleges that it has significant cause of action against Financial Alchemy and Randall Goulding for deliberately with malice of forethought causing the Company to be reduced in value as a result of fraud, conspiracy to defraud, material misrepresentation and a scheme to manipulate stock and take control of the Company.
For reference to a similar situation involving Goulding, please review the Tropical Beverage (TPBV) news release of March 9, 2006.
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and other filings with regulatory bodies
SOURCE Medical Services International Inc.
----------------------------------------------
Robert Talbot of Medical Services International Inc. +1-780-430-6363
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
MSRM (.23) Announces a Breakthrough in the New Test Results on Oil Drill Cuttings Aug 7, 2006 4:55:00 PM
WEST BERLIN, N.J., Aug. 7 /PRNewswire-FirstCall/ -- Mobilestream Oil, Inc. (OTC Pink Sheets: MSRM) is pleased to announce that the third round of testing completed by the Company has removed all but 0.01% of the contaminants from oil drill cuttings. According to industry sources, until now no one has been able to reduce the contaminants in cuttings to this level (0.01%). These lab results have been confirmed by Interteck, a third party which has labs in Houston, Texas.
The North Sea has one of the most stringent standards for disposal at 0.1%. Mobilestreams's technology can reduce the containments to 0.01% thus the containments can be disposed of on-site. This could result in significant savings ($300-$600 per ton) to the oil drilling industry.
Mobilestream is working to secure a licensing agreement for the commercialization of the technology with one or more of the world's leading petrochemical companies.
Mobilestream Oil, Inc is an innovative oil and natural gas exploration company focused on using our proprietary technologies for reverse polymerization and pyrolysis of materials and to maximize the output of under- utilized and non-producing oil wells in order to squeeze out every last ounce of production. Increasing prices continue to make primary and less conventional methods for extracting oil more cost effective and while Mobilestream Oil is relatively small compared to some of the larger players in the industry, our size is our advantage as we feel we can more quickly and effectively capitalize on expeditious opportunities. Using these same proprietary technologies, Mobilestream, has successfully broken down tires into the tire's component parts, capturing for resale virtually all of the raw materials used to manufacture the tires.
This news release contains forward-looking statements regarding Mobilestream's business strategies and future plan of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risk and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion. The forward-looking statements contained in this news release speak only as of the date hereof and Mobilestream disclaims any obligation to provide public updates, revisions or amendments to any forward- looking statements made herein to reflect changes in Mobilestream's expectations or future events.
Mobilestream Oil Inc. +1-856-767-2450 Fax: +1-856-767-2490 or inquire*Mobilestreamoil.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Electronic Systems Technology, Inc. Announces New ESTeem 195Ep 8/7/2006
KENNEWICK, Wash., Aug 07, 2006 (BUSINESS WIRE) -- Electronic Systems Technology, Inc. (EST) (OTC:ELST), manufacturers of the ESTeem(TM) product line of narrow band licensed, spread spectrum unlicensed, and 802.11b Ethernet wireless modems, announced the Company's new licensed product, the ESTeem 195Ep, which is entering production after receiving Federal Communications Commission type acceptance effective August 4, 2006.
The new ESTeem 195Ep wireless modem is designed for use in the 4.9 GHz licensed public safety frequency band. The ESTeem 195Ep will allow municipalities, state and federal agencies to deploy rapid response, high data rate network Ethernet applications to serve first responders in time of emergency and natural disaster. The ESTeem 195Ep will provide users with the advantage of a licensed frequency for high data rate remote networks without the concern of interference from nearby 802.11b/g/a consumer hardware. The ESTeem 195Ep is contained in a rugged, industrial hardened, pole mountable case and has RF peak output power levels up to 2 watts, allowing data rates of up to 54 Mbps for a range of approximately 7 miles.
The Model 195Ep offers the flexibility of operating in Access Point/Bridge, Router and Masquerade modes, allowing point to point or point to multi-point Ethernet communication, all with the dependability of a self healing MESH networking protocol, and the security of TKIP, 128/64 Bit WEP encrpytion or ACL security features.
Electronic Systems Technology, a publicly held Company since 1984, was the first Company to develop the wireless modem and receive the United States and Canadian patents for this technology.
Contact EST for more details.
SOURCE: Electronic Systems Technology, Inc.
Electronic Systems Technology, Inc. Tom Kirchner, 509-735-9092
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Nanobac Pharmaceuticals and Fetzer Memorial Trust Enter Groundbreaking Collaboration to Photograph Never Before Seen Calcification Mechanism 8/7/2006
TAMPA, Fla., Aug 07, 2006 (BUSINESS WIRE) -- Nanobac Pharmaceuticals, Inc. (OTCBB:NNBP) ("Nanobac" or "the Company") today announced it has entered into a collaboration agreement with the Fetzer Memorial Trust to photograph the replication cycle of disease-related calcifying particles (also known as nanobacteria or Calcifying Nanoparticles), using light microscopes to break the 200 nanometer ("nm") resolution barrier. The breakthrough allows Nanobac scientists to determine if calcification, which occurs in most diseases on the leading causes of death list, has a biological mechanism, which would make it susceptible to therapy. Results could generate new approaches to the treatment of calcifying diseases such as heart disease, kidney stones and diabetes, and validate the significance of related Nanobac diagnostics and therapies.
"Until now, scientists had to 'fix' or inactivate such nanoparticles to see below the 200 nm threshold using electron microscopy," explained Nanobac's Co-Chairman and Research Group head, Dr. Benedict Maniscalco. "Now we can photograph the replication cycle without inactivating the particles. This is essential because some have a replication time of days rather than minutes or hours, which rendered electron microscopy ineffective for this purpose."
The technology was developed at Auburn University and is marketed by Aetos Technologies. The "CytoViva"(TM) microscope system is capable of resolving details at or below 100 nm and of detecting particles as small as 50 nm, representing a significant improvement over conventional light microscopes. The CytoViva(TM) system was selected in June by R&D Magazine as one of the top 100 most technologically significant products introduced to the marketplace in 2006. This international award is often referred to as the 'Oscar of Inventions.'
Calcifying nanoparticles have been isolated by many researchers in diseases ranging from atherosclerosis to kidney stones, but support for research into therapies against these particles has been hampered by lack of visual proof that the particles self-replicate. "Since the 1980s scientists have tried to photograph replication of calcifying nanoparticles, without success," Dr. Maniscalco added, "Now we have the tools to do it, thanks to the innovative approach of the Fetzer Memorial Trust."
The Fetzer Memorial Trust has supported development of this technology for many years, and has made arrangements for Nanobac to use one of a very few available microscopes. The research is being done by Nanobac scientists at Nanobac laboratories located at the NASA Johnson Space Center Astrobiology Laboratories in Houston, Texas, as part of Nanobac's recently announced new core research priorities. The microscope is currently located in Nanobac's labs and work has begun. Initial results are expected by year-end. Nanobac has the exclusive right to intellectual property resulting from discoveries about calcifying nanoparticles in this research project.
About Nanobac Pharmaceuticals
Nanobac Pharmaceuticals, Inc. is a life science company dedicated to the discovery and development of products and services to improve people's health through the detection and treatment of Calcifying Nanoparticles, otherwise known as "nanobacteria". The Company's pioneering research is establishing the pathogenic role of nanobacteria in soft tissue calcification, particularly in coronary artery, prostate, and vascular disease.
Nanobac's drug discovery and development is focused on developing new and existing compounds that effectively inhibit, destroy or neutralize CNPs. Nanobac manufactures In Vitro Diagnostic (IVD) kits and reagents for the detection of Calcifying Nanoparticles. IVD products include the NANOCAPTURE(TM) and NANO-SERO(TM) ELISA assays and the Nano-Vision(TM) line of antibodies and reagents. Nanobac's BioAnalytical Services works with biopharmaceutical partners to develop and apply methods for avoiding, detecting, and inactivating or eliminating CNPs from raw materials.
Nanobac Pharmaceuticals, Inc. is headquartered in Tampa, Florida. For more information, please visit our website at: http://www.nanobac.com.
Investors are cautioned that certain statements in this document, some statements in periodic press releases and some oral statements of Nanobac Pharmaceuticals, Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Nanobac Pharmaceuticals, Inc. actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and Nanobac Pharmaceuticals, Inc. has no specific intention to update these statements.
SOURCE: Nanobac Pharmaceuticals, Inc.
Nanobac Pharmaceuticals, Inc., Tampa Douglas Mulhall 813-262-9025 dmulhall-at-nanobaclabs.com or Redwood Consultants, LLC 415-884-0348 InvestorInfo*RedwoodConsultants.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
THE FIGHT NETWORK'S “FIGHT MOBILE SERVICE” NOW AVAILABLE ON TELUS MOBILITY IN CANADA
Toronto, ON August 8th, 2006 –The Fight Network’s - North America’s first and only all combatant sports and entertainment channel is please to announce that its wireless service “FIGHT Mobile” has been added to the product offering of Telus Mobility in Canada.
Found under the heading of world sports, FIGHT Mobile provides relevant and time-sensitive breaking news, editorials, interviews and Live round-by-round updates from all major fight events, that make up the world of combatant sports; such as boxing, pro wrestling and mixed martial arts. Streaming/downloadable video and a range of personalization products (screensavers, ringtones, etc.) will round out the content offerings of FIGHT Mobile.
“We are very excited to be now able to offer our service to Canadians, said Mike Garrow President of The Fight Network, “Consumers in Canada who have been enjoying our linear television channel for the last year have been asking when would some of our services become portable in this country and now they are… thanks to Telus Mobility who offer us a very strong any viable distribution platform to reach such as large part of the Canadian wireless marketplace,” he added.
Telus Mobility is the only company in Canada with two distinct digital wireless telephone networks, and digital wireless coverage for more than 93% of the Canadian population.
About Telus Mobility
TELUS Corporation is the largest telecommunications company in Western Canada and the second largest in the country. Telus provides a wide range of wireline and wireless telecommunications products and services including data, Internet Protocol (IP), voice, video and entertainment services. Telus strategy is to unleash the power of the Internet to deliver the best solutions to Canadians at home, in the workplace and on the move.
TELUS Mobility began offering wireless service in 1986 in Alberta and BC, and launched digital PCS (Personal Communications Service) and CDPD (Cellular Digital Packet Data) wireless packet data services in 1996. In 2000, TELUS acquired Clearnet Communications and QuébecTel Mobilité, transforming TELUS Mobility into a leading national service provider.
TELUS Mobility offers wireless voice, data and Internet services to business and consumer clients via two state-of-the-art digital wireless networks: PCS and Mike. TELUS Mobility is the wireless business unit of TELUS Corporation (TSX: T, T.NV; NYSE: TU). Visit www.telus.com
About The Fight Network
The Fight Network is a cross-platform media company with brand interest in television, pay-per view, radio, mobile and web. All five of these media are seamlessly integrated to offer fans of combatant sports and related entertainment a true convergence experience. The Fight Network Inc. corporate headquarters is located in Toronto, Canada. The Fight Network’s Website is: www.thefightnetwork.com.
About Setanta Mobile
Setanta Mobile is recognized as a global leader in the development and distribution of wireless sports content, with a strong base of experience in working with rights owners to promote their respective brands and product profitably. The company is the North American mobile arm of Setanta Media, the Setanta Sports Group’s new media division. Setanta's demonstrated understanding of mobile sports media and the mobile sports consumer has been gained in delivering unique, relevant and innovative sports content via SMS, WAP, MMS and increasingly through video and other 3G applications, to and for a wide range of sports and network partners including in North America: Bluff Media, The Fight Network, The Canadian Football League, the NHL’s Vancouver Canucks and Calgary Flames; Cingular Wireless, Sprint/Nextel and Verizon Wireless in the US; Fido, Bell Mobility, Telus Mobility in Canada. Visit the Setanta website at: http://www.setanta.com.
About Trajectory Sports & Media Group LLC.
New York-based Trajectory Sports & Media Group, LLC is an international management and media organization that works with clients to expand distribution, strengthen brands, secure sponsorships and open new markets. It syndicates programs from some of the world's most important sports leagues, manages the distribution of television channels and is actively involved with the creation of wireless content for worldwide access. Additional information is available at: www.trajectorysports.com.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Media Contacts: Stephen Murdoch OEB International c/o The Fight Network Inc. Public Relations/Public Affairs Tel: (905) 682-7203 extension 22 Fax: (905) 682-7481 E-mail: smurdoch*oeb.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Major insurance company to offer KiddieVoice™ product line to childcare policyholders
MEMPHIS, TN- Aug 08, 2006 (MARKET WIRE via COMTEX) ‑ ATWEC Technologies (ATWT) announced today it has completed an arrangement with NSI, a division of West Bend Mutual Insurance Company, to offer its KiddieSystem™ product line to West Bend Mutual policyholders at a discounted price. West Bend Mutual will further encourage its policyholders to install KiddieVoice™ by offering a premium discount to those who do.
KiddieVoice™ is a product designed for childcare operations to guard against a child being left behind in a car, van, or bus. Each product of the KiddieSystem™ line has a unique purpose for protecting a child's safety. ATWEC will offer West Bend Mutual policyholders an instant discount for those participating in this offer.
“NSI appreciates the opportunity to partner with ATWEC and provide our valued policyholders with potentially life-saving equipment their businesses need,” said Chel Buttchen, NSI supervisor of Childcare and Personal Appearance Programs. “We want to do everything we can to protect the children they care for, as well as the business itself, by providing our customers with important loss prevention tools. KiddieVoice™ is one of those vital tools.”
ATWEC/KiddieSystems™ is equally thrilled about the new agreement. Alex T. Wiley, president of ATWEC, said, "We are extremely pleased about the endorsement of our product line from such a respected insurance company as West Bend Mutual. This is an important step for ATWEC as we move into national distribution of our KiddieSystems™ product line."
Buttchen noted that in addition to a discount in the purchase price of KiddieVoice™, NSI would provide an auto liability premium credit to those policyholders that offer proof of installation on all vehicles used for transporting children.
NSI is a strong advocate of promoting awareness of childcare safety and loss prevention. “We believe our partnership with ATWEC will definitely strengthen the message,” Buttchen said. “If we help prevent just one tragic accident because of KiddieVoice™, we’ve done our job and helped our policyholders do theirs. As ATWEC states, ‘One child lost is one too many.’”
“Our association with West Bend Mutual Insurance and their specialty division, NSI, only adds validity to who we are and what we are doing. NSI obviously understands why the KiddieSystems™ product line is important and why child care safety is even more important,” said Wiley.
The NSI division of West Bend Mutual offers a premier insurance program to meet the specific needs of child care businesses in Iowa, Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin. The company provides a full range of business insurance for Childcare operations. The potential market for the Kiddie Systems™ product line is represented by a total of 88,205 licensed family and group centers throughout these seven states.
Founded in 1894 and based in West Bend, Wisconsin, West Bend Mutual is rated A+ by A.M. Best, financial analysts of the insurance industry.
Aug 08, 2006 (M2 PRESSWIRE via COMTEX News Network) --
SoftNet Technology Signs Numerous Multifaceted Business Deals With Several Major U.S. National and International Companies
CRANFORD, N.J., Aug 7, 2006 (PRIMEZONE via COMTEX) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN:A0B7RZ) is pleased to announce that they have entered into several Multifunctional Information Technology and Professional Services Contracts. These Business arrangements range from several months to more than one year in contract duration.
SoftNet recently entered into a new relationship with Verizon that expands STTC's business operations in current locations and new territories including New Jersey, District of Columbia, Texas, Pennsylvania, and New York. The work will primarily consist of IT Consulting Services and Regulatory Compliance. SoftNet also recently entered into a contractual relationship with Transamerica initially in the territories of Arkansas, Texas and Kansas City for IT professional services. EMC Storage also engaged the services of SoftNet in several areas of the United States. Some of these new business arrangements are expected to be expanded upon well into the future.
Lastly, SoftNet expanded on its relationship with Network Appliance in parts of the U.S.A. and Canada. While, no specific numbers are being released at this time, the collection of new business is expected to have a big impact on the overall company in the coming year and beyond. Several of the new contracts are an expansion of pre-existing relationships that have grown and broadened in capacity.
"I am very pleased at the velocity that SoftNet is advancing its business operations," said Mr. James M. Farinella, CEO of SoftNet Technology. "To have an operational management team, that has been involved in a multi-billion dollar public corporation in the past, to be leading SoftNet into the future is just astonishing. The most exciting part is that we have really just been getting our organizational structure in place and are now turning our focus on accelerating the sales and growing SoftNet into a really special company." Please visit our website at www.softnettechnology.com for more information or for Investor Relations, please contact the company directly at 866-898-4842 (local 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
This news release was distributed by PrimeZone, www.primezone.com SOURCE: SoftNet Technology Corp.
Plasticon Files Form 8-K on Acquisition of Pro Mold, Inc. Tuesday August 8, 8:30 am ET
LEXINGTON, KY--(MARKET WIRE)--Aug 8, 2006 -- Plasticon International, Inc. (Other OTC:PLNI.PK - News) announced today that the Company has filed Form 8-K with the SEC in connection with the acquisition of Pro Mold, Inc. This filing clarifies and confirms the closing of Pro Mold, Inc. on December 31, 2005 and completes all regulatory requirements for full disclosure with the SEC for the acquisition. "From the Company's point of view, this acquisition has worked out just as we had anticipated," said Jim Turek, President and CEO of Plasticon International, Inc. "Plasticon is now in control of its own destiny by effectively managing the entire manufacturing process with the goal of implementing planned additional improvements in Pro Mold's production process. We have already achieved success in the first and second quarter of 2006 as these were the most successful first two quarters in Pro Mold's history."
On May 1st, 2006, John Murphy, President of Pro Mold, Inc., commented about Pro Mold's record growth during the first two quarters of 2006:
"This has been exciting. We brought in two new machines today, and we brought in one new machine in October 2005, with the result that we have added additional new capacity in a very short period of time. These new machines have helped us achieve sales revenue growth of 20% during the first quarter of 2006 compared to first quarter 2005. As of June 30, 2006, our backlog was 30% greater than it was last year. All of this has been financed by Plasticon. We are now their subsidiary. And they have just done a wonderful job of bringing new business in here, although some of it has been new accounts for us, that were brought in by our own salespeople. It's an exciting time, just really nice growth going on [with the Company]."
Video footage of the three state-of-the-art 500-ton Toyo molding machines being delivered to the Pro Mold, Inc. production facility, in addition to footage of Mr. Murphy comments noted above (recorded on May 1, 2006) will be available later this week via a webcast download.
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber which are all produced from recycled and recyclable plastics. Plasticon seeks to become a leader and an innovator in using cutting-edge design, engineering, and production of industrial and commercial products. Plasticon's primary emphasis is to use recycled plastics to produce its line of products and the Company views itself as a "green company" in implementing company-wide environmentally sensitive policies.
FORWARD-LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. IN SOME CASES FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS REGARDING THE COMPANY'S PLANS, GOALS, THE FUTURE PROSPECTS FOR PRO MOLD, INC., AND, THE BUSINESS STRATEGY OF THE COMPANY AND PRO MOLD, INC., AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS FOR THE COMPANY AND PRO MOLD, INC., MAY DIFFER MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF THESE PRODUCTS AND SERVICES. ANY ONE OR MORE OF THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS.
Contact: Plasticon International, Inc.: Jim Turek President and CEO 3288 Eagle View Lane Lexington, Kentucky 40509 web site: http://www.plasticonintl.com
Contact Investor Relations: Andrea Cox Ph: 866 843 2775
-------------------------------------------------------------------------------- Source: Plasticon International, Inc.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
| IP: Logged |
posted
Endovasc Receives US Patent Protecting Its Muscle Mass Technology
EVSC ( .0445 )
Tuesday , August 08, 2006 08:30 ET
HOUSTON, Aug 08, 2006 (BUSINESS WIRE) -- Endovasc Inc. (OTCBB: EVSC, OTC: EVSD), today announced that the United States Patent and Trademark Office has granted the Company a patent entitled "Development of Muscle Mass in a Mammal." The patent number is US 7,074,812 B2.
Diane Dottavio, Ph.D., Endovasc's Chairman and Chief Executive Officer, commented, "We are extremely pleased to receive this patent protecting one of our key technologies. The expansion of our intellectual property portfolio is critical to our long-term success and this is a very positive development while we are working diligently toward the final phase of testing for our drug Liprostin."
About Endovasc, Inc.
Endovasc, Inc is focused on developing and commercializing drug candidates in the areas of cardiovascular and metabolic medicine. Endovasc is organized as a business development company, operating through the following subsidiaries: Liprostin Inc., which holds the intellectual property for a liposomal based treatment to increase circulation and reduce leg pain in patients suffering from vascular disease; Prostent, Inc., which is developing urinary tract stent coating technology; and Nutraceutical Development Corporation.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
SOURCE: Endovasc Inc.
Endovasc, Inc. Rob Johnson, 936-582-5920
Copyright Business Wire 2006
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
| IP: Logged |
Seamless Expands S-XGen(TM) Features and Functionality Tuesday August 8, 8:45 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 8, 2006 -- Seamless Wi-Fi, Inc. (OTC BB:SLWF.OB - News) subsidiary Seamless Internet, Inc. today announced that they are expanding the features and functionality of the company's S-XGen(TM) Mobile Computing and Communications Device. Seamless has increased standard internal memory from 128 Kb to 256 Kb and integrated an onboard camera and also more gaming buttons to facilitate gaming interactivity. In addition the hard drive has been upgraded to a shock-proof 20 Gigabyte hard drive in the base production units. As a result of these upgrades, retail price for the S-XGen is now $799.00 but any potential purchaser who registers to reserve their S-XGen at the www.slwf.net website before August 15, 2006 will be entitled to purchase their S-XGen at the discounted pre-release price of $595.00 plus an additional ten percent discount. Early registrants will receive an effective discount of over $250.00 per unit, but only individuals or businesses that reserve their S-XGen devices now will be guaranteed order fulfillment when the first S-XGens are available to the public in November of 2006. No deposit is required upon reservation.
The S-XGen has a robust shock-proof 20GB hard drive, a 6.5" X 3.8" X 1.125" form factor, including a TFT Transflective Touch Screen viewable in sunlight, 802.11b/g and Bluetooth connectivity, SD MMC and Compact Flash sockets, 2 USB 2.0 ports, and a near full-sized Qwerty folding keyboard, stereo speakers and inputs/outputs, docking socket and tri-band cell phone communications capability. GPS capability will be available as an add-on.
The S-XGen reservation site is at www.slwf.net where in addition to reserving an S-XGen, interested parties can view a 3-D rendering of the new design and examine device specifications
To receive the latest updated newsletter that was published today and ongoing periodic updated newsletters regarding information about the Company please register to receive Seamless News at www.slwf.net.
About Seamless Wi-Fi
Seamless Wi-Fi, Inc. (www.slwf.net) is based in Las Vegas, Nevada with three operating subsidiaries: Seamless Skyy-Fi, Inc. (www.skyyfi.com), Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) and Seamless Internet (www.seamlessinternet.com).
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
| IP: Logged |
FTS Group Reports Second Consecutive Quarter of Profitability as 2006 Revenue Surges Past $3.2 Million Market Wire - August 08, 2006 9:03 AM ET
Related Quotes Symbol Last Chg FLIP Trade 0.0655 0.00 Quotes delayed at least 15 minutes
FTS Group, Inc. (OTCBB: FLIP), an acquisition and development Company, today announced record revenue and profits for the six months ended June 30, 2006. Below are some of the highlighted results achieved during the first six months of 2006:
-- Revenue for the six months ended June 30, 2006 was a record $3,267,006 -- Net Income for the six months ended June 30, 2006 was a record $62,118 -- EBITDA for the six months of 2006 was a record $256,709 -- Stockholders Equity for the first six months of 2006 was a record $1,844,552 -- Liabilities dropped by $285,441 from Q1, 2006 -- Signed 5-year contract with DISH Networks
FTS Group Chairman and Chief Executive Officer Scott Gallagher commented, "FTS continues to generate record, profitable results for 2006 on all levels. Our top-line sales surged by more then 500% compared to the first six months of 2005. Year over year, we've turned a bottom-line loss of nearly a million dollars into a $62,118 and growing profit. We reduced our liabilities by $285,441 when compared to the first quarter of 2006. Our wholly owned subsidiary See World Satellites, Inc. inked a new five-year contract with DISH Networks." Gallagher went on to say, "We're very excited by the opportunities in front of us as we head into the second half of the year. July was one of, if not the, strongest month we've had all year and at this we expect to see continued increases in both sales and earnings during the second half of 2006 and beyond."
FTS Group, Inc. expects to file its form 10Q with the Securities and Exchange Commission on August 15th, 2006.
About FTS Group, Inc.
FTS Group, Inc. (OTCBB: FLIP) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company operates through retail locations in Florida and Pennsylvania and globally over the Internet through its web sites www.FTSGroup.TV,www.CellChannel.com,www.SeeWorld.biz and www.FTSWireless.com. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov or contact the Company at the e-mail or phone number below.
Forward-Looking Statements
Included in this release are certain "forward-looking'' statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important factors that should be considered is contained in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission. Readers are cautioned not to place reliance on these forward-looking statements, which speak only as of the date hereof.
Pearl Asian Mining Industries Opens Chemical/Metallurgical and Smelting/Refining Division in Cagayan De Oro Tuesday August 8, 9:45 am ET
MANILA, Philippines--(BUSINESS WIRE)--Aug. 8, 2006--Chief Metallurgist Elvis Hidalgo of Pearl Asian Mining (OTC:PAIM - News) reports: The Chemical & Metallurgical Engineering Group has acquired a site to set up Pearl Asian's own Chemical/Metallurgical Laboratory and The Smelting/Refining Center in Cagayan De Oro. ADVERTISEMENT
Chief Metallurgist Engr. Hidalgo and Chief Chemist, VP/IR Officer Engr. Gary Gotanco, MBA, made a working alliance with the largest gold mining and smelting company in the Peoples' Republic of China, after their recent trip to Beijing. The alliance between Pearl Asian Mining Industries and Henan Zhongyuan Gold Smelter, a wholly owned subsidiary of China National Gold Corp. (CNGC), will bring forth the production of its gold and silver bullion of up to 99.999 weight % purity. CNGC is currently registered as a member in good standing of the LBMA (London Bullion Metals Association).
Pearl Asian is sending a ton of its high grade gold/silver ores to CNGC for final smelting and refining into bullion, and to determine the correct design specifications for the fabrication of Pearl Asian's own small-scale refining system for its CDO-Smelting Refining Center. This system is envisioned to complement the previously acquired smelting and refining system, currently used in on-site pilot plant.
Furthermore, Pearl Asian announces the purchase of its own ICPMS Unit (Inductively Coupled Plasma Mass Spectrophotometer) from Shimadzu Corp., a renowned Japanese manufacturing company. This ICPMS is a state-of-the-art device used for a wide range of elemental analysis from trace elements to high concentration chemical analysis. This is an accurate spectral measurement of wide range of wavelengths, little interference between elements, and with excellent precision and reproducibility. Thus, not only gold and silver will be detected and measured accurately but also all other precious metals such as platinum, palladium, iridium and rhodium when present.
"The main objective of the Metallurgical Division is to produce an enriched final product containing the most valuable minerals out of the ore taken from the Pearl Asian's gold mining sites. In line with these operations, the processing should be in the most efficient and economical manner. This Metallurgical Division is an added revenue-making subsidiary for Pearl Asian Mining Industries, Inc., as it will offer the services to all other mining companies, currently in operation in the Philippines and eventually in Southeast Asia," stated Engr. Hidalgo.
Forward-Looking Statements
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. The factors that could cause actual results to differ materially from anticipated results includes risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.
-------------------- "Simplicity is the ultimate sophistication" Posts: 4005 | From: Shaolin | Registered: Oct 2005
| IP: Logged |
posted
GenoMed's West Nile Virus Trial Endorsed by Emergency Medicine Authority 8/8/2006 ST. LOUIS, Aug 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
GenoMed (Pink Sheets: GMED), a Next Generation Disease Management company whose business is public health(TM), today announced the endorsement of its trial for West Nile virus encephalitis by an authority in Emergency Medicine, Dr. Neal Handly.
Dr. Handly is Associate Director of Research for the Department of Emergency Medicine at Drexel University College of Medicine and a Fellow of the American Academy of Emergency Medicine. Dr. Handly chairs the Academy's Subcommittee on Information Technology.
Dr. Handly said, "GenoMed's protocol is extremely exciting, since we're in the grip of another West Nile epidemic this summer without any known treatment. The Emergency Room is where these cases are seen first. It makes sense to have the ER be a partner in a clinical trial."
Dr. Handly continued, "Dr. Moskowitz uses safe medicines already familiar to every ER physician. What makes his approach appealing is the possibility that it may work for many viruses, including avian influenza and bioterrorist viral attacks. These last two scenarios are of special concern to the Emergency Medicine community."
About Dr. Handly
Dr. Neal Handly is an Assistant Professor in the Department of Emergency Medicine at Drexel University College of Medicine in Philadelphia, PA. He was consulted to create a state-of-the-art ER this summer in Beirut, Lebanon but has been prevented from doing so by the current hostilities.
About GenoMed
Since 2003, GenoMed has been using safe, FDA-approved, prescription-only blood pressure pills to treat West Nile virus encephalitis. So far, GenoMed has had an 86% treatment success rate (19 of 22 patients). This summer the Company extended its trial successfully to include horses. Anyone can download the WNV trial protocol from GenoMed's website, http://www.genomed.com , by clicking on the "West Nile trial" link. An email address is required for clinical follow-up.
Safe Harbor Statement
This press release contains forward-looking statements, including those statements pertaining to GenoMed, Inc.'s (the Company's) treatments. The words or phrases "ought to," "should," "could," "may," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including but not limited to our research and development being subject to scientific, economic, regulatory, governmental, and technological factors. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Unless otherwise required by applicable law, we specifically disclaim any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
SOURCE GenoMed, Inc.
Neal Handly, MD, +1-610-563-0664, nh28*drexel.edu , or David W. Moskowitz, MD, CEO, GenoMed, +1-314-983-9933, dwmoskowitz*genomed.com http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
SEATTLE, WA -- (MARKET WIRE) -- 08/08/06 -- Coastal Hotel Group, a full-service <a href="http://www.coastalhotels.com/">hotel management and development services company, has been purchased by its senior management team. The announcement was made by <a href="http://www.coastalhotels.com/leadership.php">Yogi Hutsen, Coastal's President & Chief Executive Officer.
Says Hutsen, "This is an exciting new chapter for <a href="http://www.coastalhotels.com/">Coastal Hotels. Presently we're working on five new development deals -- one each in California, Arizona, and Idaho, and two in Oregon. Coastal is also proud to be a preferred management company with Starwood Hotels & Resorts. Given the vision of our investor group and new access to capital, we are now positioned to take full advantage of Coastal's excellent reputation among hotel owners and developers, as well as our guests."
Hutsen, a thirty-year hospitality veteran, joined Coastal Hotels in 2004. Previously, Hutsen was COO for Noble House following five years as Regional Vice President for Starwood in Seattle. Other senior leaders are <a href="http://www.coastalhotels.com/leadership.php">Ed Schwitzky, Senior Vice President Sales & Marketing, and <a href="http://www.coastalhotels.com/leadership.php">Peter LaFemina, Chief Financial Officer. Schwitzky spent over twenty years with Westin Hotels & Resorts in sales and marketing leadership positions. LaFemina has more than twenty-five years of financial management experience in hospitality and gaming, including fifteen years with ITT Sheraton. Additional investors in Coastal include Frank Finneran, a long-time executive with Westin and experienced hotel developer, and Stuart Rolfe, a prominent Seattle attorney and President of Wright Hotels, Inc.
The company was acquired from former owners Don Simplot and Doug Toms for an undisclosed amount. Coastal Hotel Group currently manages seven hotels in four states.
About Coastal Hotel Group
Coastal Hotel Group is a privately held, Seattle-based full-service <a href="http://www.coastalhotels.com/">hospitality management company specializing in distinctive luxury hotels, resorts, inns, and lodges. Established in 1987, Coastal Hotel Group has earned a reputation for providing remarkable lodging choices for the discerning traveler. The Coastal collection includes such unique properties as Salish Lodge & Spa outside Seattle, among the World's Best on the Conde Nast Traveler 2006 Gold List, and the Spindrift Inn in Monterey, named a Readers' Favorite by Departures magazine. For more information, visit <a href="http://www.coastalhotels.com/">www.CoastalHotels.com or call 206-388-0400.
Contact: Ed Schwitzky (520) 405-6227
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
| IP: Logged |
posted
U.S. Microbics, Inc. Hits CEOCorner at ************Inc.com Market Wire - August 08, 2006 9:17 AM ET
Related Quotes Symbol Last Chg IVSR Trade 0.16 0.00 BUGS Trade 0.0175 +0.0031 Real time quote.
************ Communications, Inc. (PINKSHEETS: IVSR) invites the public to hear what Bob Brehm, CEO of U.S. Microbics, Inc. (OTCBB: BUGS), has to say about his company. Mr. Brehm was featured in a recent installment of CEOCorner, "The Fastest 60 Seconds in the Small Cap Market." Details of the interview can be heard at the U.S. Microbics company profile on the ************ Communications (ISC) website at www.************inc.com, or on the CEOCorner website at www.ceo-corner.com.
During the course of the interview, Mr. Brehm discussed the benefits of the company's various environmental cleanup and agricultural yield solutions that rely on proprietary formulations and applications of naturally occurring microbes, or "bugs." The company's various products clean up soil, clean up water, and help agricultural products grow an additional 15% to 200% with half the water and no fertilizer. Mr. Brehm was very upbeat about U.S. Microbics' recent prospects in Mexico, following on the heels of that country's adoption of more stringent environmental standards and the company's ongoing negotiations with various decision makers in the country.
About U.S. Microbics Inc.:
U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for environmental cleanup and agriculture yield enhancement using local resources and stimulating regional economies in developing nations. For more information on the company, contact Robert Brehm at 760-918-1860 x102 or visit the website at www.bugsatwork.com,www.MikeyMicrobe.com or http://www.subsurfacewastemanagement.com.
KEN CARYL RANCH, CO -- (MARKET WIRE) -- 08/08/06 -- International Precious Minerals Group Inc. (PINKSHEETS: IPMG) is in the final stages of signing a Joint venture agreement with Excelsior Mining Corporation of Washington State, on two gold and silver properties with known reserves. Excelsior Mining Corp was founded in 1986 by Doug McFarland to develop the Excelsior Mine, a large tonnage gold and silver deposit.
IPMG CEO Brian Robertson was quoted as saying that these resources are a perfect fit with our business model and philosophy. Mr. McFarland stated that he "is very pleased with the agreement and is looking forward to doing the development work which is planned."
Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management of IPMG only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; economic downturns affecting the operations of the Company, adequate financing to achieve the new strategic plans, and the unavailability of general financing to complete management's overall plans and objectives. IPMG undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting IPMG, reference is made to IPMG's reports filed from time to time with the Securities and Exchange Commission. http://www.ipminerals.com
Contact: Kimberly Griffiths Corporate Secretary International Precious Minerals Group Inc. (720) 222-1038 kimgriffiths*ipminerals.com
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
| IP: Logged |
Sulja Bros. Building Supplies Ltd. -- Wessal International Is Purchasing 25% of Sulja Brothers
WINDSOR, ON -- (MARKET WIRE) -- 08/08/06 -- A Sulja Brothers Building Supplies (PINKSHEETS: SLJB) company spokesperson announced today that Wessal International is purchasing 25% of Sulja Brothers in the open market. Wessal International is the parent company of Red Sea Group. Red Sea Group was recently selected to strengthen Investor Relations in the Middle East.
CEO Steve Sulja stated: "Sulja Bros. initial business reach into the Middle Eastern market is attracting new investors. Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market. By law, this press release is the disclosure of Wessal International's offer and buying can commence in the open market immediately. We are very excited over the interest our company has received in the Middle East. Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany. We warmly welcome Wessal International to the family of Sulja Bros. shareholders."
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.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
| IP: Logged |
Sulja Bros. Building Supplies, Ltd. (Other OTC: SLJB.PK) Pro Forma Will Be Released Tomorrow
WINDSOR, ON -- (MARKET WIRE) -- 08/08/06 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that the company will be releasing the pro forma tomorrow August 9, 2006.
CEO Steve Sulja stated: "Sulja Bros. has updated the pro forma to contain the recently closed projects. The closings, in Germany, have boosted our outlook for the next 12 months significantly. The pro forma numbers will continue to increase as more projects close in the future. The future numbers are astounding and the shareholders deserve to know the project contracts have come to fruition."
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.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
| IP: Logged |
Phase III Medical Receives License to Operate Adult Peripheral Blood Stem Cell Bank
Company Can Begin Commercial Collection, Processing and Storage of Adult Stem Cells for the Owner's Therapeutic Use
NEW YORK, NY, Aug 08, 2006 (MARKET WIRE via COMTEX) -- Phase III Medical, Inc. (OTCBB: PHSM), the first company to provide Autologous Adult Stem Cell (ASC) collection and banking services for the general population for long term storage for multiple therapeutic uses, today announced that it has received a license to operate an adult peripheral-blood stem cell bank.
This license, issued by the State of California Department of Health Services, permits Phase III, through its subsidiary NeoStem, Inc., to begin commercial collection, processing and storage of peripheral blood progenitor cells (adult stem cells) for autologous use -- Your cells for your use -- at its California facilities. Phase III can now begin operating its first ASC collection facility, processing laboratory and long-term cell storage facility, located in Los Angeles.
Using its proprietary process, NeoStem provides the infrastructure, methods and systems that allow adults to have their stem cells safely collected and conveniently banked, at any time, for future therapeutic use in the treatment of such life-threatening diseases as diabetes, heart disease and radiation exposure. Adult stem cell therapy has also been used for many years in treating blood cancer. Further potential uses include regenerative therapies for diseases such as multiple sclerosis and lupus, as well as anti-aging therapies.
NeoStem uses the least invasive form of collection called apheresis, a well known safe procedure that extracts stem cells from an adult's peripheral blood. Once collected, NeoStem's unique storage process allows the cells to be cryo-preserved during an individual's lifetime for use when needed.
Dr. Robin Smith, Chairman of the Board and CEO of Phase III, said, "This represents the beginning of the Company's plan to establish an array of centers and partnerships across the country to collect and store adult stem cells for future diagnostic and therapeutic use. Regenerative medicine is offering new hope for victims of heart disease, cancer, diabetes, and similar diseases. Others who could benefit from ASC therapy may be those First Responders who are seriously injured or exposed to radiation and similar life-threatening substances. We provide the critical support service allowing adults to have their stem cells safely collected and conveniently banked for their personal future use. We intend to grow as a business by servicing this rapidly expanding demand."
About Phase III Medical, Inc.
Phase III Medical, Inc. (OTCBB: PHSM), a Delaware corporation, is an innovative, publicly traded company that, through the acquisition of NeoStem, is positioned to become a leader in the adult stem cell field and to capitalize on the increasing importance the Company believes adult stem cells will play in the future of regenerative medicine. The management and Board of Directors and Advisors of Phase III collectively have substantial experience in life science marketing, business management, and financial expertise, as well as significant technical, medical and scientific experience.
Posts: 298 | Registered: May 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
