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NEOP (.305) Introduces Bluetooth Wireless Probe
Business Wire "US Press Releases "
DUBLIN, Ohio--(BUSINESS WIRE)--
Neoprobe Corporation (OTCBB:NEOP), a diversified developer of innovative oncology and cardiovascular surgical and diagnostic products, today announced that it introduced a new gamma detection probe at the American College of Surgeons 92nd Annual Clinical Congress meeting in Chicago. The new probe uses Bluetooth(R) wireless technology to communicate gamma radiation counts to the Company's neo2000(R) control unit. The wireless probe eliminates cumbersome cables that can complicate the surgical field and provides the surgeon with operative field flexibility. The new probe is designed to be used with all existing models of the Company's neo2000 system (Models 2000, 2100 and 2200). The wireless probe will be available with either a straight or angled detection tip. The neo2000 line of gamma detection systems are widely used by cancer surgeons in a procedure called Sentinel Lymph Node Biopsy (SLNB) or Intraoperative Lymphatic Mapping (ILM).
David Bupp, Neoprobe's President and CEO, said, "We are excited by this new addition to our neo2000 gamma detection product line. We believe the introduction of a family of wireless gamma detection probes will offer the surgeon all of the advantages of a cordless instrument using state of the art Bluetooth technology coupled with the already easy-to-use features of our existing neo2000 control unit. The new wireless probes, along with the family of gamma detection probes that will continue to be offered, will only improve our position as the market leader in gamma detection and thus our market prospects. Because the Bluetooth probe will be usable with our existing installed base of neo2000 system control units, we believe our current customers as well as those considering the purchase of a gamma detection system will be pleased. We expect the first commercial shipments of the probe will occur during the fourth quarter of 2006. The Bluetooth probes, coupled with our clinical development program for the lymphatic tissue tracing agent Lymphoseek(R), demonstrate Neoprobe's commitment to assist physicians in providing state of the art treatment for cancer patients."
About Neoprobe
Neoprobe is a biomedical company focused on enhancing patient care and improving patient outcome by meeting the critical intraoperative diagnostic information needs of physicians and therapeutic treatment needs of patients. Neoprobe currently markets the neo2000(R) line of gamma detection systems that are widely used by cancer surgeons and is commercializing the Quantix(R) line of blood flow measurement products developed by its subsidiary, Cardiosonix Ltd. In addition, Neoprobe holds significant interests in the development of related biomedical systems and radiopharmaceutical agents including Lymphoseek(R) and RIGScan(R) CR. Neoprobe's subsidiary, Cira Biosciences, Inc., is also advancing a patient-specific cellular therapy technology platform called ACT. Neoprobe's strategy is to deliver superior growth and shareholder return by maximizing its strong position in gamma detection technologies and diversifying into new, synergistic biomedical markets through continued investment and selective acquisitions. www.neoprobe.com
Bluetooth is a registered trademark of Bluetooth Sig, Inc.
Source: Neoprobe Corporation
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HBS BioEnergy Appoints Mr. Claude Luster as President for its Renewable Energy Business 10/9/2006
PALO ALTO, Calif., Oct 09, 2006 (BUSINESS WIRE) -- Human BioSystems (OTCBB:HBSC) ("HBS") announced today that HBS BioEnergy ("HBS Bio"), a wholly owned subsidiary of HBS, has appointed Mr. Claude Luster III as HBS BioEnergy's President, pursuant to the agreement signed between HBS and HBS Bio in September, 2006. Mr. Luster, the founder of EXL III Group Corporation (EXL III), has been involved in the final stages of developing and funding a 60-million gallon Northern California ethanol facility which he will complete while assuming his new duties with HBS BioEnergy.
"Among Mr. Luster's first duties will be to develop necessary strategic partners and consulting firms that HBS BioEnergy will need for the initial stages of production," stated Harry Masuda, CEO of Human BioSystems. "We are pleased to have Claude as our President. He has the technical and management background and the essential skills that HBS has been seeking," Mr. Masuda continued.
Mr. Luster was instrumental with EXL III's current plans to develop up to 10 renewable fuels plants and 10 value added bioconversion facilities. EXL III is also developing several new cost reduction processes for the production of ethanol and biodiesel.
Prior to his involvement with the EXL III, Mr. Luster was President and CEO of EXL Group, a Portfolio Investment Company of Impact Capital Partners of Oakland, CA which includes Wells Fargo and, Washington Mutual as Limited Partners.
Mr. Luster has more than 30 years experience in the food-processing, bio-conversion, energy and environmental industries and is considered one of the food industry's leading experts in the field of aseptic processing and aseptic bulk plant operations. These involve highly complex processes utilizing sophisticated equipment and manufacturing procedures. Ethanol production utilizes processes and equipment that bear close resemblance to those of the food processing industry.
Included amongst Mr. Luster's credentials are the conception, development and implementation of novel aseptic processes and protocols directed towards developing Greenfield food processing and bio-conversion facilities in the United States, Canada, China and Africa. He owned and operated LusTek Labs and Consulting as well as serving as consultant in the food processing, bio-conversion, energy and environmental industries. He was a major shareholder in Helm Concentrates, Inc., which was subsequently sold to ConAgra Foods, Inc.
Mr. Luster has held numerous technical, scientific and management positions including Process Technician for General Foods, Inc., Process Operations and Research Manager for Tri-Valley Growers, Fermentation Manager for Miller Brewing Company, Vice President of Operations for Helm Concentrates, Inc. and Technical Leader for Hunt-Wesson Foods, Inc. While at Helm Concentrates Inc, Mr. Luster designed and supervised the construction of one of the most sophisticated aseptic processing plants in California.
"I see HBS Bio as an innovative company, prepared to join the burgeoning group of professionals who keep abreast of the ever-shifting trends in energy and environmental markets and who are constantly working to provide optimal solutions for the consumer. I'm pleased to be appointed to the position of President and look forward to a strong future with HBS Bio," stated Claude Luster III, President of HBS BioEnergy.
In September of 2006, HBS created HBS BioEnergy, a wholly owned subsidiary dedicated to the development facilities that produce ethanol and other biofuels.
Human BioSystems is a developer of preservation platforms for organs and other bio-materials. HBS is headquartered in Palo Alto, California with research facilities in Michigan and has been granted four patents by the U.S. Patent Office.
Certain statements contained herein are "forward-looking'' statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, failure to obtain regulatory approvals for the construction of ethanol plants, failure to obtain the required financing and to construct the ethanol plants, failure of the ethanol plants to meet standards, the inability to find raw material for the production of ethanol or to sell the ethanol at acceptable terms, the risks involved in pursuing a business unrelated to HBS' prior business, and other factors discussed in filings made by the Company with the Securities and Exchange Commission
SOURCE: Human BioSystems
Human BioSystems, Palo Alto Harry Masuda, 650-323-0943 or Yes International Investor Relations Rich Kaiser, 800-631-8127 or Concept Communications Group LLC Investor Relations James D. Caldwell, 727-447-0514
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits
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Aegis Communications Group, Inc.'s and Technion Communications Corporation Announce Completion of Asset Purchase Agreement 10/9/2006
IRVING, Texas, Oct 09, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 today that they have completed an Asset Purchase Agreement (APA) with Technion Communications Corporation, a privately-held leader in the call center and database marketing industry.
Under the terms of the APA, Aegis has, effective September 1, 2006, purchased the rights to certain client contracts and the assets required to provide services under those contracts. Aegis has also assumed the management of one of Technion's customer contact centers, located in Tamarac, Florida.
"We continue to execute on our strategy of achieving profitable growth and delivering service excellence to our clients," said Kannan Ramasamy, Aegis's President and CEO. "We have been impressed with the quality of Technion's management and staff, and are pleased to include them in the Aegis family."
"After considering several alternatives, we felt the opportunity to engage with Aegis was in the best interests of Technion's clients, employees, and shareholders," said Chris Eisdorfer, Technion's President. "Our shared passion for delivering service excellence, combined with Aegis's robust infrastructure, makes this a great fit."
Aegis will fully integrate the Tamarac facility and operations into its global network, including its VoIP-based telephony platform. With the addition of the Tamarac facility, Aegis now operates eight customer contact centers in its United States network.
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.
IElement Corporation Announces Acquisition of Texas Hometel 10/9/2006
DALLAS, Oct 9, 2006 (PrimeZone Media Network via COMTEX News Network) -- IElement Corporation (OTCBB:IELM); (Frankfurt:SZQ1; IELM), a nationwide provider of advanced communications services and Voice over Internet Protocol (VoIP) solutions, announced today that it has entered into a letter of intent to purchase Texas Hometel, Inc. The two companies expect to enter a definitive merger agreement this month and have already begun integrating operations.
Texas Hometel is a privately held, profitable telephone service provider with revenues exceeding $1.1 million over the trailing 12 months. Its 2,000-plus customers significantly broaden both IElement's stable revenue base and the customer base into which IElement can sell its new products and services. IElement plans to sell VoIP, Managed Microsoft Exchange, offsite disaster recovery and Managed IT services to both its existing and newly acquired customers.
Negotiations between the two companies had been ongoing for several months, allowing both management teams to familiarize themselves with each other.
Texas Hometel's corporate office is in close proximity to IElement's own corporate headquarters in Dallas, Texas, and the company's entire management team has agreed to stay on board and continue providing their proven leadership and clear vision for the foreseeable future.
IElement is a facilities-based nationwide communications service provider that offers state-of-the-art telecommunications services to small and medium sized businesses ("SMBs"). IElement provides broadband data, voice and wireless services by offering integrated T-1 lines as well as a Layer 2 Private Network and VOIP solutions. These solutions provide SMBs with dedicated internet access, customizable business solutions for voice, data, wireless, internet, and secure communications channels between the SMB offices, partners, vendors, customers and employees without the use of a firewall or encryption device. IElement has a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas and Chicago.
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; and (7) other factors over which we have little or no control.
Amazon Biotech, Inc. Announces Development of Next-Generation Anti-Viral AIDS Drug Formula 10/9/2006
Active Ingredients Exhibit -- Immune Modulator Functions and Anti-Viral Properties
NEW YORK, NY, Oct 09, 2006 (MARKET WIRE via COMTEX News Network) -- Amazon Biotech, Inc. (OTCBB: AMZB) (FRANKFURT: B2D) today announced that it has developed a next-generation AIDS formulation which includes both immune modulator functions and anti-viral activity. This formulation, based on Amazon's Phase I/II developmental drug AMZ0026, includes additional active ingredients found in a plant which are known in the literature to posses anti-viral properties.
The entire formulation is comprised of whole plant pharmaceuticals, in line with Amazon Biotech's treatment philosophy. Amazon is now pursuing relevant intellectual property protection and IND (Investigational New Drug application) status from the FDA for this novel formulation. Dr. Mechael Kanovsky, President of Amazon Biotech, said, "We are excited to have reached this stage of development with this promising therapeutic agent."
About Amazon Biotech, Inc.
Amazon Biotech, Inc. is a natural plant pharmaceutical company, primarily developing immune modulator drugs. AMZ0026 is the company's first such drug, which is to be used for the treatment of HIV/AIDS. The company plans on initiating Phase I/II clinical studies of AMZ0026 in the near future, with an eventual goal of attracting a joint venture partner with a major pharmaceutical company in Phase III trials, or follow the FDA Fast Track program to market. Amazon Biotech specializes in natural plant pharmaceutical drugs and is focused on bringing healthier pharmaceutical drugs to market.
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding any potential sales of products as well as statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Amazon Biotech, to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in Amazon Biotech's subsequent reports filed with the Securities and Exchange Commission under the Exchange Act. This press release speaks as of the date first set forth above and Amazon Biotech assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contact: LC Group Rick Lutz (404) 261-1196
SOURCE: Amazon Biotech, Inc.
Copyright 2006 Market Wire, All rights reserved.
-------------------- "As long as there are dreamers, there are dreams that will come true."
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Global Diversified Industries, Inc. Announces Winning Key Piggyback Rights, Making it Easier to Sell New Products to California School Districts 10/9/2006
CHOWCHILLA, Calif., Oct 09, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI), focused on the modular building industry with emphasis on the education market (http://www.gdvi.net) , today announced that in a public bidding process it won a contract with a Southern California School District which has "piggyback rights" that allows Global Diversified to sell its new Aurora product line to school districts throughout California in a much simpler manner, at a fixed price, that avoids lengthy public bidding.
"This is absolutely crucial for the continued growth of our Company. We are delighted with this success and believe it will result in significant new business for Global Diversified Industries," said Phil Hamilton, CEO.
"Our Aurora products are very popular for California school districts, and, combined with these new piggyback rights, we believe we are headed in the right direction for success for the Company and its shareholders," Global Diversified Industries CEO said.
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick*eandecommunications.com
SOURCE Global Diversified Industries, Inc.
Paul Knopick, +1-949-707-5365, pknopick*eandecommunications.com, for Global Diversified Industries, Inc. http://www.gdvi.net
Copyright (C) 2006 PR Newswire. All rights reserved
-------------------- "As long as there are dreamers, there are dreams that will come true."
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CF Green Announces Results of Special Stockholders Meeting Oct 9, 2006 11:14:00 PM LOS ANGELES, CA -- (MARKET WIRE) -- 10/09/06 -- A special meeting of the shareholders of CF Green Corp. (PINKSHEETS: CFGE) was held at 10:30 a.m. on Monday, October 9, 2006, in The Palisades Room of the Courtyard by Marriott, 15433 Ventura Blvd., Sherman Oaks, CA 91403. A quorum was present and the following resolutions were approved:
The recent merger of Eco Safe Systems USA, Inc., a California corporation, into CF Green Corp., a Delaware corporation through a stock exchange agreement,
A name change of the corporation from CF Green Corp. to Eco Safe Systems USA, Inc.,
An amendment of the corporate by-laws to permit the board of directors to fill vacancies created by resignations of board members, and
The issuance of certain shares of corporate stock to consultants, employees, and vendors of the Corporation.
It was also announced that an expansion office of Eco Safe in Hawaii has sold its first food disinfection unit to the Hilo fish company, which had previously successfully tested the technology and is considering employing the technology thoughout all their plants.
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: CF Green Corp. Michael Elliot President Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits
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Emerge Capital Corp. (OTCBB:EMGC) announced today that the company has purchased a thirty percent ownership in a new Hilton Garden Inn under construction in West Palm Beach, Florida . Fred Zeidman, Chairman of Emerge Capital, commented, "We have purchased the stock of Kipling Holdings , which currently owns the Hilton interest and has a $900,000 note receivable with the option to convert it into an additional five percent ownership in the Hilton. We are enthusiastic about the future cash flow prospects of our investment in this 'one of a kind' location near the Palm Beach International Airport . We consider the Palm Beach area to be one of the finest travel destinations in the World, and look forward to the completion of the Hilton for the start of the season in January, 2007." About Emerge Capital Corp. and Corporate Strategies, Inc. - Emerge Capital Corp. (OTCBB:EMGC) provides business growth, organizational restructuring, and turnaround execution services for emerging and re-emerging public companies through our wholly owned subsidiary, Corporate Strategies, Inc. (www.corporate-strategies.net). Emerge Capital is unique because we accept payment for our services in the common stock of the companies we serve, aligning our interests with those of the client's shareholders and preserving their corporate cash reserves for working capital and growth. As Emerge Capital succeeds, the shareholders of our valued clients succeed. Emerge Capital believes our approach provides Emerge shareholders with an opportunity to realize greater gains than merely receiving cash payments for our services. We consider Emerge Capital to be the ultimate business resource for emerging and re-emerging public companies. All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Emerge Capital Corp. / Corporate Strategies, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Emerge Capital Corp. / Corporate Strategies, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Emerge Capital Corp. / Corporate Strategies, Inc.'s filings with the Securities and Exchange Commission . Source: Emerge Capital Corp. / Corporate Strategies, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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Genesis Chief Financial Officer Explains Equity Position in Lotus Pharmaceuticals, Inc
Tuesday, October 10 2006 6:01 AM, EST
Genesis Technology Group, Inc. (OTCBB:GTEC) has responded to inquiries by numerous shareholders about the Company's equity position in S.E. Asia Trading Company, Inc. (OTCBB:SEAA), planned to be renamed Lotus Pharmaceuticals, Inc. in the future. Chief Financial Officer Adam Wasserman stated: " Genesis Technology Group owns 6,736,896 shares of common stock in SEAA, which shall undergo a name change and stock symbol change in the future. The number of authorized shares is 50 million, and the number issued, as of September 28, 2006 , totals 41,280,000." Genesis will continue to provide consulting services under its general partnership agreement with SEAA's operating entity, Lotus Pharmaceuticals, whereby Genesis may be entitled to fees, if certain goals are achieved. About Genesis Technology Group, Inc. Genesis Technology Group, Inc. is a business development firm that fosters bilateral commerce between Western and Chinese companies. The Company has offices in the United States and China . A majority owned subsidiary of Genesis, Genesis Equity Partners, LLC ("GEP") assists Chinese and Western companies in formulating strategies to increase equity value, while targeting Western stock exchanges as a source of capital and shareholder support. The core strength of GEP management is creating a first rate plan to create investor awareness and bring in long-term individual and institutional investors. GEP should create liquidity in the stock and gain investor awareness by using tested channels of communications by cogently articulating the companies' stories. GEP has built successful channels with expertise in screening and selecting Chinese companies that possess solid business histories and professional management, and North American public companies and shells that possess a shareholder base and a history of auditing and filing, as required by the U.S. Securities & Exchange Commission . Genesis announced in August 2006 that it became a member of the United States Chamber of Commerce to enhance its initiatives both in China and the U.S. For more information, visit http://www.Genesis-China.net. About Lotus Pharmaceuticals, Inc. Lotus Pharmaceuticals International, Inc. , a wholly owned subsidiary of S.E. Asia Trading Company has agreements with Liang Fang Pharmaceutical, Ltd. ("Liang") and En Zhe Jia Shi Pharmaceutical, Ltd. ("En Zhe"), two Chinese pharmaceutical companies located in Beijing , to manage all of their businesses and to control Liang and En Zhe. Liang and En Zhe form a large comprehensive enterprise, which deals in an integration of the production, trade, sales and marketing of pharmaceuticals. Together, they possess one of the most advanced pharmaceutical-production equipment used in China , workshops authenticated by the National GMP, a suite of various medicines produced by Liang and/or En Zhe (together, "Lotus East"), and a large number of high-tech personnel. Lotus East has business and office facilities of 2,000 square meters and a storehouse of 1,000 square meters. For more information, visit http://www.LotusEast.com. Safe Harbor Statement Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China , activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China , and conditions of equity markets. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission . CONTACT: Genesis Technology Group, Inc. (561) 988-9880 Fax: (561) 988-9890 info*Genesis-China.net
-------------------- The difference between genius and stupidity is that genius has its limits
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GS CleanTech Completes Installation of Corn Oil Extraction Technology
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
GS CleanTech Corporation (OTC Bulletin Board: GSCT) today announced its installation of the first stage of GS CleanTech's Corn Oil Extraction System(TM) ("COES") at Little Sioux Corn Processors, LLC ("Little Sioux"), a Marcus, Iowa based ethanol producer.
GS CleanTech's patent-pending corn oil extraction technology has been engineered to help ethanol producers enhance production and increase revenues out of their existing crop in cost-effective and rapid ways. GS CleanTech's COES can extract about 3 million gallons of crude corn oil from a typical 50 million gallon ethanol production facility in two 1.5 million gallon per year stages.
Little Sioux is an innovative farmer-owned ethanol production facility that was commissioned in April 2003 and was designed to produce 40 million gallons of ethanol per year. Facility operators have been able to eliminate processing bottlenecks to allow it to consistently produce in excess of 50 million gallons of ethanol annually, and Little Sioux continues to implement new processing technologies.
The first stage of Little Sioux's COES installation was completed this past week and the system is now fully operational extracting corn oil at a rate of about 1.5 million gallons per year from an ethanol co-product called distillers dried grains ("DDG").
David Winsness, GS CleanTech's president and chief operational officer, said that "the Little Sioux installation was one of two early adopter sites that we have been working with to demonstrate the performance of our extraction technology. The leadership of Little Sioux is clearly committed to innovation. We were very fortunate to have had the opportunity to work with Little Sioux and we look forward to continued opportunities to doing so in the future."
GS CleanTech's Corn Oil Extraction System(TM)
Currently, the majority of the ethanol produced domestically is based on a dry milling technique that converts corn into ethanol. The corn is milled and then mashed with a combination of heat and enzymes that convert the starch in the corn into fermentable sugars. This mash is then cooled and mixed with yeast to create a fermented mash which is then separated into alcohol and stillage. The alcohol is distilled and dehydrated into 200 proof fuel-grade ethanol. The stillage is sent through series of centrifuges and evaporators and then to a rotary dryer to reduce moisture. The output of the drying stage is a co-product called distillers dried grains ("DDG") which is conventionally sold as a livestock feed.
GS CleanTech's patent-pending corn oil extraction technology intercepts the stillage flow in between the evaporation stage in the drying stage. The stillage has a concentrated syrup-like consistency after evaporation. GS CleanTech heats the concentrated stillage and then uses advanced centrifuge technology to spin crude corn oil out of the heated concentrated stillage. The crude corn oil is then routed to storage for use as a raw material for biodiesel production and the now defatted concentrated stillage is returned to the drying stage of the ethanol production process where it is dried into defatted DDG. GS CleanTech's corn oil extraction technology provides ethanol producers with the following benefits:
-- Increased Revenue - The corn oil extracted is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities;
-- Reduced Operating Costs and Emissions - Corn oil removal can improve drying efficiency by more than 10% with reduced natural gas or coal needs and reduced emissions (NOx, SOx, VOC, and CO2);
-- Low Operating Costs - The system requires less than $0.05 per gallon of corn oil produced;
-- High Recovery Rates - The technology is capable of recovering up to 75% of the corn oil within the DDG; and,
-- Increased Inclusion Rates - Corn oil removal can improve defatted DDG marketability and inclusion rates by reducing fat content.
GS CleanTech's pricing model for its corn oil extraction technology is based on GS CleanTech's provision of turn-key extraction systems for no up-front cost in return for long-term agreements to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices. Alternatively, GS CleanTech's clients have the option of purchasing their installation of the corn oil extraction technology provided that GS CleanTech retains the right to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices for the life of the use of the technology.
About GS CleanTech Corporation
GS CleanTech Corporation (OTC Bulletin Board: GSCT) provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources.
Additional information on GS CleanTech's Corn Oil Extraction System and GS CleanTech's ethanol efficiency program is available online at www.gs-cleantech.com.
GS CleanTech is about 80% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GS CleanTech Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Homeland Integrated Security Systems, Inc. Installs Cyber Tracker in Lake Shore Central School District School Buses
Market Wire "US Press Releases "
ASHEVILLE, NC -- (MARKET WIRE) -- 10/10/06 -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) is pleased to announce that the Company has received a purchase order and has installed Cyber Trackers as part of a pilot project for Lake Shore Central School District school buses in New York. The Lake Shore Central School District is located in Angola, New York in Erie County. The school district will now be able to monitor the exact location of the buses equipped with Cyber Trackers as well as know the internal air temperature of those buses.
"I selected the Cyber Tracker for our school bus fleet for a number of important reasons. First of all, the Cyber Tracker fully integrated with our school district's existing Nextel communications account, streamlining billing and reducing work for our office staff. Secondly, Cyber Tracker units are independent from school bus manufacturers, meaning that I am not bound to purchase a certain brand of bus to keep my GPS tracking system standardized. Lastly, the staff at Homeland Integrated Security Systems made the purchase and installation process easy. They were there every step of the way and got the software up and running seamlessly," stated Michael P. Dallessandro, Transportation and Grounds Director of the Lake Shore Central School District.
"We are continuing to prove the flexibility of the Cyber Tracker in meeting the needs of a wide variety of end users, from school buses to freight trucks," stated Fred Wicks, CEO of Homeland Integrated Security Systems, Inc.
All Homeland Integrated Security shareholders of record as of October 13, 2006 will receive 1 share of Evans Systems, Inc. for every 50 shares of HISC they own as of the record date. The dividend in Evans Systems is expected to be valued at approximately $0.50 per share. Evans Systems has recently been trading in the $0.50 to $0.75 per share range. Homeland Integrated Security Systems announced that the corresponding payment date for the dividend will take place on October 25, 2006.
About Homeland Integrated Security Systems, Inc.:
Homeland Integrated Security Systems, Inc. owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. Cyber Tracker technology has applications for data and tracking functions across numerous verticals. For more information please visit our website www.hissusa.com.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Contact: Homeland Integrated Security Systems Investor Relations 1-866 THE APPL(E) http://www.hissusa.com
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GMSC (.0041) nnounces the Release of Qbanito's Spanish Album Oct 10, 2006 7:00:00 AM
MONTREAL -- (MARKET WIRE) -- 10/10/06 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) announces the release of Qbanito's Spanish Album, Adivina Quien Lleg�.
Adivina Quien Lleg� will be initially released in the South Florida area on October 12th to coincide with local promotion. This album is being distributed by Reyes Records, and will be available across the U.S. later this year. Reyes Records has previously worked with such major artists such as Celia Cruz and Marc Anthony. Thousands of copies of Adivina Quien Lleg� will be sent out to local retailers. This album release will help facilitate Qbanito's entry into the mainstream U.S. music market.
Martha Maza Victor, PR rep, stated, "This is the first major step for Qbanito as he makes his transition from the Canadian Francophone market to the U.S. Spanish market. The Reggaeton movement continues to gain popularity across the U.S., and I am certain that Adivina Quien Lleg� will be an instant hit. Qbanito's unique talent will bring fresh sound to this growing music genre."
About Grand Entertainment & Music, Inc.
Based in Montreal, QC, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and soundtracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music, (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact: Grand Entertainment & Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.com www.gmsc-info.com
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FGNL (.01)Enters Multi-Billion Dollar Health Market for Women Completing Acquisition of Ladies Health and Fitness
Market Wire "US Press Releases "
ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- 10/10/06 -- Feelgoods International, Inc. (PINKSHEETS: FGNL) announced today that they have completed the acquisition of Ladies Health and Fitness USA (http://www.ladieshealthandfitnessusa.com/) of Greenville, South Carolina. Ladies Health and Fitness USA cater their 30-minute fitness programs exclusively to women. They offer a complete range of circuit training equipment, including treadmills, recumbent bicycles, aerobic boards, elliptical trainers, dumbbells, free weights, glut press, and a full range of resistance machines.
"The relationship with Feelgoods International, Inc. will enable Ladies Health and Fitness USA to better implement our franchise strategy throughout the country," stated Jeff Sarvis, President of Ladies Health and Fitness USA.
"We are very excited to complete the acquisition of a wonderful company like Ladies Health and Fitness USA and to potentially gain access to the multi-billion dollar fitness and health market specialized for women in the United States. This coincides with our existing strategy to market our natural skin care system in the United States," stated Marcel Maurer, CEO of Feelgoods International, Inc.
Feelgoods International, Inc. recently announced that the Company has opened a new Feelgoods International office in Kerken, Germany, near Dusseldorf. The German pharmaceutical market for nutriceuticals is currently estimated to be a three billion dollar industry and is continuously expanding.
About Ladies Health and Fitness USA:
Based in Greenville, South Carolina, Ladies Health and Fitness USA offers franchise opportunities for Territorial Reps. Ladies Health and Fitness USA helps Territorial Reps find and support potential franchises. The Company's marketing DMA structure is designed to provide a solid foundation for growth.
About Feelgoods International, Inc.:
Based in Zurich-Kloten, Switzerland, Feelgoods International, Inc. (www.feelgoodsint.com) offers a unique franchise business opportunity for thousands of European Pharmacies. The franchise system is designed to significantly increase the pharmacy's revenue by maximizing the revenue potential of a Pharmacy's existing customer traffic. The Feelgoods model is easily incorporated into a Pharmacy's existing floor space, producing a self-contained business or "shop within a shop." Feelgoods' focus is on products that complement the pharmacy's conventional inventory by introducing products such as alternative medications, nutriceuticals, lifestyle products and bio cosmetics.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: For more information visit: http://www.feelgoodsint.com Or contact: INVESTOR RELATIONS 1 866 THE APPL(E)
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NEOM (.095) Subsidiary Starts Second Half with "Solid Revenues from Major Client Customers";
Business Wire "US Press Releases "
FORT MYERS, Fla. & MUNICH, Germany--(BUSINESS WIRE)--
NeoMedia Technologies, Inc. (OTC BB: NEOM), (www.neom.com), said today that its award-winning mobile marketing agency 12snap AG subsidiary (www.12snap.com) has started the second half of fiscal 2006 with "solid revenues from major client customers," both involved in national soccer promotional programs delivered via mobile phones.
NeoMedia President and CEO Charles T. Jensen said 12snap, acquired by NeoMedia earlier this year, is "serving internationally renowned clients, providing services valuable to marketers and consumers alike." He said two major clients accounted for just under half a million dollars in revenue to 12snap early on in the second half of the fiscal year, in addition to revenues from other client contracts.
In April, 12snap signed a contract to bring its expertise to help "mobilize" a leading global airline's cross-media communication of its involvement in German soccer. The airline wanted to leverage its partnership with the German Football (Soccer) Association (DFB) and record-holding champion club FC Bayern Munich (FCB) by placing increased emphasis on its mobile strategy, working with 12snap to bring fans comprehensive mobile entertainment packages including soccer-themed content and games, competitions, and video clips.
In July, 12snap signed a contract to extend its service agreement with an international chocolate company, providing a mobile marketing component for the client's multi-channel marketing strategy, which involved a long-running DFB Team Sticker Campaign for two of its leading candy brands. Nokia, a world leader in mobile communications, is also involved as a campaign partner in the program, which delivered collectable pictures of the national soccer team via purchases of products, and included creation of a soccer Collector's Album for mobile phones.
About 12snap AG
Acquired by NeoMedia Technologies, Inc., earlier this year, 12snap AG is headquartered in Munich with branches in Dusseldorf, London, Milan, Stockholm, Istanbul, and Fort Myers, Florida. As an expert in innovative marketing and entertainment for mobile phones, 12snap combines know-how in mobile applications, mobile loyalty and mobile marketing. In the mobile marketing space, 12snap creates and implements national and pan-European mobile marketing campaigns for international brands; its mobile loyalty business unit offers customer loyalty programs for companies and brands, and its mobile applications business unit is the center for development and software. 12snap sells and licenses a wide spectrum of mobile solutions to satisfy the demands of the current growing market and the new uses of the third mobile phone generation (UMTS) -- from dynamic video services and multiplayer games to personalized messaging applications. 12snap has 75 employees, and provides services to companies including, McDonald's(R), MTV(R), Coca-Cola(R), Wella(R), adidas(R), Unilever(R) and Gillette(R).
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SLWF (.0019) Seamless Conference Call Updates Oct 10, 2006 7:00:00 AM
LAS VEGAS, NV -- (MARKET WIRE) -- 10/10/06 -- Seamless Wi-Fi, Inc. (OTCBB: SLWF) announced today that the update conference calls for Seamless Internet and Seamless Wi-Fi will take place on October 19th and November 2nd, 2006, respectively. The company also provided the following information from the previous Seamless Peer 2 Peer and Seamless Skyy-Fi conference calls.
The company has rescheduled the calls due to the preparation required to provide the best presentation possible for the S-XGen UMPC and Phenom 3.0 software program when the products are showcased at the ValueRich Small Cap Expo in Las Vegas October 25th and the Consumer Electronics Show pre-show press briefing in New York November 8th. Seamless will be exhibiting the S-XGen(TM) at the 2007 International Consumer Electronics Show (CES�) in Las Vegas, January 8 - 11 in Booth IP125 at the Sands. The S-XGen is the newest contender in the rapidly expanding Ultra Mobile Personal Computer (UMPC) class of minicomputers and takes connectivity to the next level with integrated Cellular, Wi-Fi and Bluetooth. The S-XGen is viewable on the CES site at: https://myces2007.bdmetrics.com/Portal/ViewCompany.aspx?id=1885332
On the Seamless Peer 2 Peer conference call September 28th company president Luke Rippy announced that the backend secure foundation for the soon to be launched Freek2Freek (www.freek2freek.com) secure social web network has passed all internal testing. He also reported that the company is having discussions with many distinct content providers in order to have more entertainment options to offer network users and also generate revenue in these relationships from advertising and content sales.
Mr. Rippy detailed development efforts for Seamless' proprietary Digital Rights Management (DRM) solution to control access to digital data such as software, music and movies and plans to complete development by the end of the 2006 calendar year.
Described in detail on the call was the alpha and beta testing program for Phenom 3.0 with geographically diverse users' video conferencing in real time. The new Phenom video algorithms were very well received by testers, providing clean clear images for all participants. On the call the company said it expects to begin deployment of Phenom 3.0 in November 2006.
On the Seamless Skyy-Fi update call September 13th, company president Ken Reda detailed the company's operations running hot spots across the country from Florida to California, serving brand name clients in the hospitality industry such as Marriott, Ramada, Hampton Inn, Comfort Inn and Best Western.
Mr. Reda discussed that the average monthly incremental income per hot-spot is currently $300.00 per location and the company's growth strategy is to bring Skyy-Fi hotspots to 500 locations in a 24 month period, which equates to $1.8 million dollars in annual income, and 1500 locations within a 36 month period, which equates to $5.4 million dollars in annual income. The company plans to grow through organic marketing and targeted acquisitions. The company considers profitable hotspot operations serving from 50 - 100 locations as "sweet spot" acquisitions and the company has identified several promising acquisition candidates. The company is conducting due diligence on these and other targets.
To receive ongoing updates on Seamless and its subsidiaries, please register to receive Seamless News at www.slwf.net.
See Seamless and the S-XGen (TM) at the 2007 International Consumer Electronics Show (CES�) in Las Vegas, January 8 -11 in Booth IP125 at the Sands.
About Seamless Wi-Fi
Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the OTC BB under the symbol SLWF. Seamless develops and markets cutting-edge internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc. (www.skyyfi.com), Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) and Seamless Internet (www.seamlessinternet.com). Seamless Skyy-Fi is forging a network of Wi-Fi Hot Spots in targeted geographic and vertical markets across the country and has achieved initial success providing hotel and retail Wi-Fi hotspots. Seamless Peer 2 Peer has developed and will soon launch version 3.0 of their Phenom(TM) Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant secure internet communications over standard internet services. Seamless Internet is manufacturing and marketing the S-XGen(TM) Ultra Mobile Personal Computer and Communications Device that combines portability, connectivity, processing power and entertainment capabilities for the ultimate road-warrior laptop replacement. Seamless Internet also provides secure hosting services for all Seamless company clientele.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SLWF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
For Seamless:
Rich Schineller 941.918.1913 rich*slwf.net
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James Monroe Capital Targets Developing Countries for Ethanol Plant Exports Business Wire - October 10, 2006 8:30 AM (EDT)
CHICAGO, Oct 10, 2006 (BUSINESS WIRE) -- James Monroe Corporation (Pink Sheets:JMCP) has found a new favorite customer: The overseas buyer. Due to demand from developing countries, James Monroe Capital is responding with a new marketing plan.
Diversified Ethanol, a subsidiary of James Monroe Capital, is engineering and manufacturing small, more easily affordable ethanol plants. The company also is building ethanol plants to keep for its own use. The plants can run on a variety of inputs, including fruit waste, switchgrass, and all other sources of sugars.
Many developing countries have abundant sugar crops, with fruit processing plants and sugarcane fields. Some export these crops, and receive low prices for their crops and their waste products. For ethanol, sugar-crops cost less to process than starch-crops. Also, many of these countries suffer from very high fuel costs, and have very low labor costs. Some lack the rail & freight logistics systems to handle giant ethanol plants, and the finances to build them. To top it all off, some of these countries are also very hot, year round, and can run their vehicles on 190 proof fuel, which is much cheaper to produce than the 200 proof needed in the US. Even the byproducts of the ethanol process are edible. All of these factors have sent several small countries, investors, and governmental heavies into a race to see who can dominate their markets first, and James Monroe Capital is ready to supply them all with ethanol plants.
The company's new marketing plan includes targeting plant-buying investors with strong foreign relationships, especially governmental ties, and building relationships with key people overseas. Diversified Ethanol is multi-cultural, good for the environment, creates jobs in the US and abroad, and every plant will yield very high returns for customers and profits for Diversified Ethanol.
Updated Photos of the company's 75,000-gallon Butterfield Ethanol Plant will be posted on its web site later this week. The plant is expected to be operational "before the snow flies." Afterwards, there will be a few months of fine-tuning before it reaches its fullest potential. The company expects to begin constructing another plant on January 3. Engineer Floyd Butterfield is busy improving the plan for the new plant, called the A500, which is 7 times larger than the last one. Butterfield said, "There is so much need right now for ethanol plants in developing countries. We want to supply all of those plants, while helping these countries to be more independent." The web address is: www.diversifiedethanol.com
If you would like information about purchasing an ethanol plant please call 515-603-6292.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE: James Monroe Capital Corporation
James Monroe Capital Corporation, Northbrook, IL Chris McGovern, 847-418-3848
Copyright Business Wire 2006
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H3Enterprises, Inc. (OTC:HTRE) has announced the signing of a Purchase Agreement that gives H3 controlling interest in PCTV, Inc., one of the world's leading distributors and marketers of computer based high resolution LCD television displays, currently called "neTVizon(TM)".
"This acquisition adds tremendously to the vertical integration that we've been trying to achieve for our emerging young company," said H3's new CEO, Jackie Robinson. PCTV gives us our own proprietary LCD displays to place throughout the HipHopSodaShops as well as our own cutting edge displays to be utilized in all H3Players.com tournaments and related events."
"PCTV, Inc. will also be H3's first major revenue stream and profit center with several multi-million dollar Purchase Orders expected to be finalized in the coming days to go along with the substantial contracts that PCTV has already garnered. We also expect to soon be signing several major sponsorship deals with some of the largest companies in the world relating to our displays and upcoming tournaments. I'm especially looking forward to my meeting in Miami with the newest member of TeamH3, Dwayne Wade, who will be actively involved with all of our upcoming CyberSports tournaments," said Robinson.
neTVizon(TM) displays are a multi-functional, multi-media computerized television display that integrates proprietary PC Blade technology. The neTVizon's(TM) uniqueness stems from the fact that they are a television first and PC second, boasting the highest resolution in the industry. Each unit has the strength of a PC and the versatility of a laptop with the ease and convenience of a "removable computer" and a "controller card" that integrates the TV and PC together into one. This cutting edge technology has vaulted neTVizon(TM) to the top of the digital signage and kiosk revolution.
"It's amazing what Jackie Robinson has accomplished as H3's CEO in just six weeks," said Jay Matos, President of PCTV, Inc. "We've already landed some major deals recently for neTVizon including the Westgate Resorts, the New Planet Hollywood Towers, the Aladdin Hotel Sales Center, General Motors Flagship Cadillac Dealerships, and Nevada's upcoming political debates, but it looks like our sales will be increasing exponentially over the coming months with some of the industry giants that Jackie has already brought to the table. This should be a very exciting time for everyone associated with neTVizon(TM) and TeamH3."
Details of the acquisition as well as a full demonstration of neTVizon(TM) displays will be presented at 11:00 AM Eastern Savings Time this morning by PCTV, Inc.'s President Jay Matos and Vice President Click Clark at Warren Sapp's HipHopSodaShop, currently under construction in St. Petersburg. Jackie Robinson will also be on hand to make several breaking announcements involving the HipHopSodaShops and H3's newest strategic alliances and partnerships. Representatives from the Florida State Legislature as well as corporate giants such as Verizon and Viacom are expected to participate. All members of the media are invited to join in the festivities which will begin at 11:00 AM Eastern Savings Time. The store is located at 8901 4th Street N., St. Petersburg, FL.
About H3Enterprises, Inc.
H3Enterprises is the first publicly traded company dedicated to the hip hop culture and lifestyle. H3 is committed to the positive growth of the entire community through business, educational, and investment opportunities. Management has created a business focused on feeding the worldwide demand for everything hip hop and maximizing returns for its shareholders. H3 Enterprises is the owner, creator, licensor, and franchiser of HipHopSodaShops, neTVizon, H3Raps, H3WhiteTeaBeverages, H3Players.com, H3Merchandising, and H3Players' WorldSeries of CyberSports.
Safe Harbor: Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.
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ODLG (.11) and Premier Resources International's Strategic Agreement With Janel Group Generates Signing of First Customer
Market Wire "US Press Releases "
CHAMPAIGN, IL -- (MARKET WIRE) -- 10/10/06 -- Janel World Trade, Ltd. (OTCBB: JLWT) announced today it has been appointed by its first client resulting from the recently signed strategic agreement with Order Logistics (PINKSHEETS: ODLG).
The appointment was made by Premier Resources International (PRI), an Order Logistics global sourcing and supply chain partner that chose to partner with Janel to provide an end-to-end logistics solution to include freight services from China to the U.S. PRI is a global sourcing company located in Richmond, VA, focused on consumer electronics, automotive accessories, furniture and contract manufacturing.
The agreement will include various services supplied by Janel: round trip services in China managed by the local Janel office; air and ocean transportation from Asia to the U.S.; customs clearance in the U.S. and post-clearance inventory management in the U.S.
Janel offers a unique competitive advantage based on its business platform, which integrates all of the different aspects of goods movement, and makes the whole process visible electronically. Janel's solution is cost effective and highly reliable, based on 30 years of industry experience, and major expertise in logistics from the Far East, and the demands of U.S. customs. In providing its various logistics services, Janel will make full use of the existing Order Logistics information control system currently in place at PRI.
James Jannello, CEO of Janel, said: "We are excited with the potential of the synergy between our group, Order Logistics and Premier Resources International. Our facilities in China, principally our ability to help importers apply for participation in the C-TPAT program - Customs Trade Partnership Against Terrorism, position Janel as a leading third party logistics partner. I'm confident that this is the beginning of a long-term relationship in providing services for other clients of Order Logistics."
About Janel World Trade, Ltd.
Janel World Trade, Ltd. is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution and other transportation-related services. Additional information on Janel World Trade is available on the Internet at www.janelgroup.com or www.janelgroup.net, and in the Company's filings with the Securities and Exchange Commission, including its most recent Form 10-K, 10-Q and 8-K reports.
About Order Logistics
Order Logistics, Inc. (www.orderlogistics.com) is helping great companies discover, manage and execute their most effective global supply chain strategies.
The Order Logistics team, technology, solutions, and dedicated transportation resources allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships, and information systems. By leveraging technology, business solutions, operational expertise, and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions for its customers. This allows each customer to gain control over their unique distribution network and utilize their existing information systems to their full capacity.
About Premier Resources International
PRI is a global sourcing agent that provides a comprehensive set of import and domestic sourcing management services that contribute to client success in international markets without the cost and time of starting new sourcing relationships from the ground up, and the risks that come with inexperience in China's emerging industrial economy. PRI's Shanghai office delivers component level negotiations with factories, factory evaluation / qualification audit, product QA and QC. Services include Pacific Rim and domestic sourcing strategy development, end to end fulfillment functions, full import supply chain services, distribution, warehousing, and product return management. PRI also manages Chinese government involvement at all factory levels.
Forward-Looking Statements
This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, contact: C. Jones Consulting 727-736-1970
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TelePlus Partners With FaithFone Wireless to Offer Faith-Based Branded Mobile Phone
Tuesday, October 10 2006 6:30 AM, EST TelePlus Enterprises, Inc. (OTCBB: TLPE) ( FRANKFURT : YT3) (www.teleplus.ca) ("TelePlus" or the "Company") is pleased to announce that its wholly owned subsidiary, TelePlus Wireless, Corp., has entered into an agreement with FaithFone Wireless, a Phoenix -based purpose-driven Christian mobile phone company and began offering a faith-based branded mobile phone commercialized under the FaithFone brand name. Once deployed, this phone will become the first-ever faith-based mobile phone on the market to deliver Daily Devotionals, Bible passages, Prayer of the Day, Life Advice, and like-minded entertainment content via short messaging service. "This product fits a specific need in the marketplace. The Faith community is a very large and diverse group and we're proud to partner with FaithFone Wireless which is backed by Christian leaders and professionals who have nearly 50 years of experience in broadcast communications, television, radio, cable, satellite, internet, and wireless industries. FaithFone Wireless will work with local churches and ministries to market this product to their community and grow the customer base for TelePlus. The faith community represents one of the largest niches in the market and they currently share their affinities through a variety of other mediums such as TV, Radio and Internet; mobile telecom is the next step in their evolution," commented Marius Silvasan, TelePlus' CEO. FaithFone can be purchased at: http://www.faithfonewireless.com
TelePlus is also pleased to announce that the Company is featured in an article by RedChip. The article, "Going Mobile: The Story of a Telecom Company That's Found a Lucrative, Large Niche - and Profits," gives an in-depth look at the growing wireless prepaid industry and discusses the market niche TelePlus has carved for itself. "This article is a must-read for any investor taking a serious look at TelePlus. It discusses the massive business opportunity for TelePlus to grow in the prepaid market," commented Marius Silvasan, TelePlus' CEO. The full article can be accessed at:
http://www.redchip.com/loadExternal.asp?extPageEnc=4676A6DM743073M65646 96A7153M717073757430L4D51464FM78746DM7575M7J2313137J3131372F716567 About TelePlus Enterprises, Inc. (OTCBB: TLPE) http://www.teleplus.ca TelePlus Enterprises, Inc. ("TelePlus") is a diversified North American telecommunications company with offices in Miami, Florida ; Cleveland, Ohio ; Montreal, Quebec ; and Barrie, Ontario . TelePlus was founded in 1999 and it has since become a leading provider of wireless and telecommunications products and services across the U.S.A. and Canada . In October 2003 , TelePlus became a publicly traded Company on the OTCBB under the symbol TLPE and since then it has continued to grow organically and through strategic acquisitions. The company's wholly owned subsidiaries include TelePlus Wireless, Corp. which operates a prepaid MVNO (Mobile Virtual Network Operator) under the Liberty Wireless brand; Maximo Impact, Corp. which operates a pay-as-you-go MVNO under the MX Mobile brand and TelePlus Connect, Corp. which resells landline, long distance and internet services under the Telizon, Freedom and Liberty brands. The company's websites include www.libertywireless.com,www.vivaliberty.com,www.maximoimpact.com and www.telizon.biz among others. Listen to our Q2 webcast at: http://phx.corporate-ir.net/playerlink.zhtml?c=144803&s=wm&e=1366007
To view the RedChip(TM) Visibility Research Report, please visit:
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 and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct forward-looking statements. Contact:
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IVME (.06)In Veritas Medical Diagnostics Inc. Announces New Management Team
Tuesday, October 10 2006 5:41 AM, EST IVMD, Inc. (OTCBB: IVME) is pleased to announce a new management team. Graham Cooper, CEO and President commented, "Having been focused for the past two years on successfully completing our first long term development contract, the time is now right for IVMD to put a new management team in place, one that can take maximum advantages of the considerable opportunities that we face." Graham Cooper is a successful business developer and business angel. As one of its principal financial backers and founders, he has served as the Chairman of IVMD since its formation. He replaced John Fuller as CEO in June 2006 . John had successfully project managed IVMD's first development project through to commercialization and product launch and remains on the Board in a strategic advisory role. Professor Patricia Connolly will take on a new role as Director of Science and Operations. Graham Cooper stated, "Patricia is an acclaimed medical scientist who brings a rare mixture of commercial experience and acumen and an exceptionally strong, innovative scientific outlook. Patricia was previously the Chief Scientific Officer for IVMD and has a very good understanding of our technology and its commercial potential." Professor Connolly's role will be to ensure that the development and operations functions operate seamlessly and are commercially focused. Nasser Djennati is a key member of the Science and Operations team and has responsibility for all production and engineering. Professor Connolly commented, "Nasser is an accomplished engineer and physicist. He has an unparalleled understanding of much of our underlying know-how and technology and how to engineer it into market ready products." Recently the Company announced that it had taken on Damian Bond as Commercial Manager. His role is to advise and assist in opening up new avenues and find new commercial partners to enable IVMD to commercialize its technology. Martin Thorp, who has been IVMD's part-time CFO, will become substantially more involved and takes responsibility for corporate finance strategy, compliance and all business support functions. Martin created Andersen Corporate Finance and built it over ten years to become a $1bn run rate corporate finance strategy and restructuring business. He was Global Managing Partner of Andersen Corporate Finance and served on the global management team of Arthur Andersen. Martin will be assisted by Robert Galvin, our newly appointed financial controller and head of administration. Speaking of the team as whole Graham commented, "I am delighted with this team. Patricia, Nasser and Damian have a strong understanding of our technology platforms and of the market potential facing us. Martin and I have exceptional skills in business leadership, corporate finance and managing growth. As a team we are well integrated and qualified to take advantage of the new opportunities that IVMD now faces. I will shortly be announcing a streamlined strategy for IVMD which the team has developed and are eager to launch." About IVMD, Inc. IVMD uses its proven, patented core technology to design, develop and test medical devices for near patient testing and monitoring. IVMD products serve large global markets in the monitoring of chronic conditions affecting large numbers of the population: the coagulation of blood in patients with cardiovascular disorders, pregnancy (advanced prediction of the onset of human labour), highly sensitive immunoassays, etc. From across all sectors of industry, the company uses proprietary technology to create rapid prototype and product development, in partnership with major global marketing and distribution partners. For more information, visit IVMD Inc. at: http://ivmd.com 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. Contact: IVMD (UK) Ltd. In the UK info*ivmd.com +44(0)1463 667347
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ITRO (.022) Reports a 28% Increase in GOLD n GRO Fertilizer Division Third Quarter 2006 Sales and a 37% Increase for First Nine Months
PR Newswire "US Press Releases "
RENO, Nev., Oct. 10 /PRNewswire-FirstCall/ -- Itronics Inc. (OTC Bulletin Board: ITRO; Frankfurt and Berlin Stock Exchanges: ITG) reported today that third quarter 2006 GOLD'n GRO fertilizer division sales by its subsidiary, Itronics Metallurgical, Inc., were $295,000 compared to $231,000 in the comparable quarter last year, a 28 percent increase. Third quarter GOLD'n GRO liquid fertilizer sales were $145,800, up 36 percent. Third quarter silver sales were $126,100, up 97 percent.
First nine months GOLD'n GRO fertilizer division sales were $1,393,000 compared to $1,015,000 in the comparable period last year, an increase of 37 percent. First nine months GOLD'n GRO liquid fertilizer sales were $1,046,000, up 30 percent. Sales of silver during the first nine months totaled $286,800, up 161 percent. Itronics expects to report full financial results for the third quarter ended September 30, 2006 on November 14, 2006 when it files its Third Quarter Form 10-QSB.
"GOLD'n GRO liquid fertilizer sales increased due to a shift in product mix, with an increase in sales of the chelated micronutrient metal products which have higher unit values than the GOLD'n GRO multinutrient blends," said Dr. John Whitney, Itronics President. "Sales of the GOLD'n GRO base liquid also increased, with continuing increases expected based on positive results obtained in field trials on silage corn, and from use in bulk blends applied in citrus fertigation this year."
"The Company tripled silver recovery and refining capacity in the first quarter and the continuing increase in silver sales reflects this," said Dr. Whitney.
During the quarter, development work on the new iron-zinc-silver concentrate leaching process continued and development of a pilot leaching circuit is now underway. The leaching process reduces silver refining cost and increases silver refining capacity by reducing the bulk volume of solids fed to the silver refinery by 50 percent. At the same time the process produces iron-zinc base liquids for use in manufacturing GOLD'n GRO liquid chelated micronutrient metal fertilizers, which reduces the cost of raw materials needed to produce the fertilizers.
"Itronics is an emerging producer of high quality chelated liquid micronutrient fertilizers," said Dr. Whitney. "The Company's goal is to use raw material sourcing and advanced cost reducing process technology as drivers to become an industry leader in this fertilizer segment."
"The third quarter and first nine month sales increases demonstrate that Itronics eight part long term growth plan, announced in June 2005, is being successfully implemented," Dr. Whitney said.
About Itronics
Itronics, through its subsidiary, Itronics Metallurgical, Inc., is the only company in the world with a "Beneficial Use Photochemical, Silver, and Water Recycling" facility that extracts more than 99 percent of the silver and virtually all the other toxic heavy metals from used photoliquids and converts the resulting liquids into environmentally beneficial, chelated, multinutrient liquid fertilizer products sold under the GOLD'n GRO trademark, and 5 troy ounce, 0.999 pure, Silver Nevada Miner numismatic bars. The environmentally friendly liquid fertilizers can be used for lawns and houseplants, and are available, along with GOLD'n GRO liquid fertilizer injectors, at the Company's "e-store" catalog at http://goldngro.com . The popular Silver Nevada Miner bars are available at the Company's "e-store" catalog at http://www.itromet.com .
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Environmental Technology" company and a world leader in photochemical recycling. The Company also provides project planning and technical services to the mining industry and operates the global Gold Producing Stocks web site, http://www.insidemetals.com. Itronics was one of five finalists for the 2001 Kirkpatrick Chemical Engineering Award, the most prestigious worldwide award in chemical engineering technologies. Itronics was awarded second place, Highly Commended in the Environmental Technology category, at the prestigious Institution of Chemical Engineers (IChemE) 2005 Worldwide Environmental Award ceremonies at the Royal Courts of Justice in London, England in September 2005. Itronics was awarded the USA Gold Award at the House of Commons in London in November 2005 as part of the International Green Apple Environmental Awards contest, one of the largest and most prestigious of its kind in the world and the International Green Hero award in 2006 for its leadership on environmental issues. Itronics' GOLD'n GRO fertilizer was named one of the top 10 new technologies representing the best of agricultural innovation by the Canadian Association of Agri-Retailers in its December 2005 publication "Communicator". Dr. John Whitney, Itronics President, was selected as Nevada's Inventor of the Year for 2000 and is a member of the Inventor's Hall of Fame at the University of Nevada, Reno.
VISIT OUR WEB SITE: http://www.itronics.com ("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
SOURCE Itronics Inc.
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UPDA (.088) Commences Well Work-Over Program - Ambient Retains VALA Resources to Return Archer County Field to Production in Two Weeks
Business Wire "US Press Releases "
JUNO BEACH, Fla.--(BUSINESS WIRE)--
Universal Property Development and Acquisition Corporation (OTCBB:UPDA) subsidiary Ambient Wells Services, Inc. has retained VALA Resources, Inc. of Laredo, Texas, to spearhead the workover of the various leases owned by UPDA subsidiary Canyon Creek Oil and Gas, Inc. In a conference attended by the management of UPDA, Ambient, Canyon Creek and VALA, a schedule for the workover of the Canyon Creek properties in Archer, Palo Pinto, Coleman, Prideaux Counties, Texas was established.
The first property on the schedule, known as the Archer County Regular Field, contains 17 wells on over 1300 acres. VALA, under the supervision of Ambient, will service and repair all separators and pump jacks on the property and permit and install a new injection well for salt water disposal. In addition, Ambient will repair and replace the flow lines and gathering system and hire a rig to work over all wells on the lease, pull, test and repair the rods and tubing and replace the down hole pumps.
"As with Landmark on the Catlin Field, we look forward to working with VALA on the Archer Field," said Gaby Damary, COO of Ambient. "Together with the engineers at VALA, we have prepared a detailed and ambitious schedule for Archer as well as the other Canyon Creek properties. Within a couple of weeks of starting the work on Archer, we will begin the same type of program at Palo Pinto and continue until all of the wells are at optimal production."
Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Source: Universal Property Development and Acquisition Corporation
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UPDA (.0878) Commences Well Work-Over Program - Ambient Retains VALA Resources to Return Archer County Field to Production in Two Weeks
Business Wire "US Press Releases "
JUNO BEACH, Fla.--(BUSINESS WIRE)--
Universal Property Development and Acquisition Corporation (OTCBB:UPDA) subsidiary Ambient Wells Services, Inc. has retained VALA Resources, Inc. of Laredo, Texas, to spearhead the workover of the various leases owned by UPDA subsidiary Canyon Creek Oil and Gas, Inc. In a conference attended by the management of UPDA, Ambient, Canyon Creek and VALA, a schedule for the workover of the Canyon Creek properties in Archer, Palo Pinto, Coleman, Prideaux Counties, Texas was established.
The first property on the schedule, known as the Archer County Regular Field, contains 17 wells on over 1300 acres. VALA, under the supervision of Ambient, will service and repair all separators and pump jacks on the property and permit and install a new injection well for salt water disposal. In addition, Ambient will repair and replace the flow lines and gathering system and hire a rig to work over all wells on the lease, pull, test and repair the rods and tubing and replace the down hole pumps.
"As with Landmark on the Catlin Field, we look forward to working with VALA on the Archer Field," said Gaby Damary, COO of Ambient. "Together with the engineers at VALA, we have prepared a detailed and ambitious schedule for Archer as well as the other Canyon Creek properties. Within a couple of weeks of starting the work on Archer, we will begin the same type of program at Palo Pinto and continue until all of the wells are at optimal production."
Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Source: Universal Property Development and Acquisition Corporation
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Pangea Petroleum Corporation (OTCBB:PAPO) announced that it has cancelled 11,653,998 common shares or approximately 4% of the shares outstanding. These shares were part of the shares included in the stock issuances for the year ended December 31, 2001 under a Securities Purchase Agreement whereby the Company issued 16,149,998 shares of restricted common stock to an escrow agent for the benefit of four investor groups in exchange for $1,300,000 in cash.
As mentioned in prior filings, including the 10-KSB for the periods ended December 31, 2004 and 2005, 14,049,998 warrants would expire in early 2006. The 11,653,998 shares of Pangea's common stock were held by an escrow agent to be used if the warrants were exercised. The expiration date for the warrants expired, thus, the 11,653,998 shares were returned by the escrow agent on September 16, 2006. These shares were cancelled by the stock transfer agent soon thereafter. As of September 30, 2006, Pangea had 279,929,804 shares outstanding.
Pangea Petroleum Corporation (www.pangeapetroleum.com) is a Texas-based independent diversified crude oil and natural gas exploration and production company. Pangea's primary focus is to explore for, produce and sell oil and natural gas by establishing production reserves through exploration and acquisitions. Pangea's niche or specialty is the small or moderate operations that do not fit the strategy of the larger oil and gas producers, but are none-the-less contributors to the US energy supply.
Special Note: Management believes certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the company prior to its current fiscal year end, as well as from developments beyond the company's control, including changes in global economic conditions that may, among other things, affect the company's performance anticipated acquisitions or future business. In addition, changes in domestic competitive and economic conditions may also affect performance of all significant company businesses.
Source: Pangea Petroleum Corporation
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SCLL (.17) MASS EYE AND EAR INFIRMARY TO EVALUATE STEM CELL INNOVATIONS' PLURICELLS(TM) FOR HEARING RESEARCH
Hugin "European Press Releases "
Houston TX and Boston MA - October 10th, 2006 - Stem Cell Innovations, Inc. (SCLL.OB) announced today that the Company will collaborate with Massachusetts Eye and Ear Infirmary (MEEI). MEEI is an international leader in Ophthalmology and Otolaryngology research and a teaching partner of Harvard Medical School. Under the material transfer agreement, MEEI will evaluate PluriCells(TM) for their capacity to form the human tissues implicated in hearing loss. In return SCI will receive a nonexclusive license to intellectual property generated using the PluriCells.
"This collaboration with MEEI is another example of our strategy to work with top research groups in the world to accelerate human stem cell research", said Stem Cell Innovations CEO Dr. James Kelly. "As our PluriCells do not fall under the Presidential ban, there is a lot of interest from the academic world to get access to our human pluripotent stem cell platform".
"Exploring the potential of PluriCells for our research is really exciting", said Dr. Albert Edge. "Until now, our research was hampered by a lack of good quality human stem cells".
Stem Cell Innovations recently disclosed it has produced multiple lines of human pluripotent stem cells. These PluriCell lines can be efficiently cultured in tissue culture plates without the use of feeder layers and can be efficiently differentiated into multiple cell-types, having the potential to aid in drug discovery and development.
PluriCells are a type of pluripotent stem cells isolated from fetal tissue that have the ability to become all cell types of the body. Because they are developed from fetal germ cells, not viable embryos, they are eligible to be used in any NIH funded laboratory. Stem cells derived from fetal germ cells were explicitly excluded from the Presidential ban by the Department of Health and Human Services guidance document of March 19, 2002, that laid out what type of stem cells could and could not be used in Federally funded research (for the actual document see: http://www.hhs.gov/ohrp/humansubjects/guidance/stemcell.pdf).
About Stem Cell Innovations, Inc. SCI is a cell biology company with facilities in Scotch Plains, N.J., Houston, TX and in Leiden, the Netherlands. Stem Cell Innovations' proprietary, human pluripotent stem cells, known as PluriCells(TM), have the potential to aid in drug discovery, toxicology, and cell therapy. Stem Cell Innovations is in the process of making its patented pluripotent cell lines, which are eligible for federal funding in the U.S., widely available to universities and other not-for-profit institutions to rapidly advance stem cell research.
Stem Cell Innovations is positioned to become a leading provider of toxicology testing and discovery systems for the pharmaceutical, chemical, and nutraceutical industries around the world. The development of the proprietary PluriCell technology greatly expands the Company's currently marketed C3A human liver cell-based toxicology offerings.
Contact Stem Cell Innovations: Dr. James H. Kelly, +1 281-679-7900 or Ivo Piest, +31 71 8010 (Europe)
PluriCells is a Trademark of Stem Cell Innovations, Inc.
About Massachusetts Eye and Ear Infirmary Located in Boston, Massachusetts, the Infirmary is a 42-bed independent specialty hospital founded in 1824. The Infirmary has earned an international reputation for its successful treatment of the most difficult diseases and conditions of the eye, ear, nose, throat, head and neck, and for its outstanding contributions to medical research and education.
The primary teaching hospital for Harvard Medical School in ophthalmology and otolaryngology, the Infirmary trains more than 110 residents and fellows each year in our various sub-specialties, including cornea, neuro-ophthalmology, retina, eye pathology, pediatrics, glaucoma, ocular oncology, immunology, head and neck surgery and oncology, pediatric otolaryngology, facial plastics, otology and oto-neurology.
The Infirmary has received many honors over the years. U.S. News & World Report magazine has ranked the Infirmary in the top five in one or both of its specialties (ophthalmology and otolaryngology) each year since the magazine began publishing its annual survey of hospitals in 1990.
Contact MEEI: Dr. Albert Edge, +1 617-573-4452
Forward Looking Statement This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward looking statements. Forward-Looking statements are not statements of historical facts, but rather reflect our current expectations concerning future events and results. We use words such as "expects", "intends", "believes", "may", "will" and "anticipates" to indicate forward-looking statements. Because theses forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including, but not limited to, those risks and uncertainties detailed in the Company's periodic reports filed with the Securities and Exchange Commission. We caution that these risk factors may not be exhaustive. We operate in a continually changing business environment, and new risk factors emerge from time to time. We cannot predict these new risk factors, nor can we assess the effect, if any, of the new risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ from those expressed or implied by these forward-looking statements.
If any one or more or these expectations and assumptions proves incorrect, actual results will likely differ materially from those contemplated by the forward-looking statements. Even if all of the foregoing assumptions and expectations prove correct, actual results may still differ materially from those expressed in the forward-looking statements as a result of factors we may not anticipate or that may be beyond our control. While we cannot assess the future impact that any of these differences could have on our business, financial condition, results of operations and cash flows or the market price of shares of our common stock, the difference could be significant. We do not undertake to update any forward-looking statements made by us, whether as a result of new information, future events or otherwise. You are cautioned.
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CGCC (.26) Congo Crest enters into significant LOI
PR Newswire "US Press Releases "
TORONTO, Oct. 10 /PRNewswire-FirstCall/ - Congo Crest Limited (CGCC:PK) announces that it has entered in a Letter of Intent to purchase 100% of Pan African Mining Pty Ltd.
Pan African Mining through its 80% owned subsidiary Centura owns three large mining concessions in the Kasenga / Katanga region in the Democratic Republic of Congo.
Pan African Mining owns 80% of Centura SPRL a Congolese registered company that has acquired the three mining concessions in the Kasenga/Katanga region. The three concessions cover an approx area of 1,175 square kilometres.
This region is widely recognised for its high mineral content of copper, silver, nickel and zinc.
Pan African Mining has completed some exploration of the areas within its concession and has yielded ore in excess of 50% copper. Currently the mining techniques are labour intensive and as such the mining has concentrated on extracting the ore close to the surface by hand, these methods will greatly enhanced with investment to yield more copper, establish exact geology and transportation to end user.
Pan African CEO Brad Jorgensen said that the investment by Congo Crest is an investment in a potentially major ore body, all within our concession areas. The deal with Congo Crest will help realise the full potential of that ore body by providing the infrastructure to properly access the mine and transport the ore to export centres.
We are currently having discussions with a major Asian commodity house and are close to having an export contract for our ore, commented Jorgensen.
Jorgensen further noted that it was significant that world class mining companies hold neighbouring leases to the Pan African Mining leases. These companies include BHP Billiton (ASX:BHP) and Anvil Mining (ASX:AVM). Anvil Mining has a major investment in a project north of Kasenga.
Brad Jorgensen has a background in business development and mining Brad has a good working knowledge of the Democratic Republic of Congo (DRC) and mining developments in this region. His knowledge and skills will be instrumental in the further development of the resources within the three tenement leases.
Congo Crest will immediately undertake a large scale geological survey of its three tenement leases to establish the full extent of the mineral wealth in the coming months.
The additional capital provided by Congo Crest in this acquisition will accelerate the development, processing and transport of the resources within the three tenement leases.
Amando Russo said "it is too early to comment on the exact potential of these leases and their significance however our plan is a simple three stage approach, establish the size of the ore content, increase primitive extraction with modern equipment and transport our copper to a buoyant market place" he further added "we are in good company in the region with world class mines and are confident that we are a major contender to supply the high demand from Chinese buyers."
This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in Congo Crest Mineral Ltd reports that will be on file with the US Securities and Exchange Commission.
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EGMI (.26) Signs First United Kingdom Casino First U.K. Casino to Run an Electronic GameCard Promotion -- Aspers at the Gate, Newcastle Oct 10, 2006 8:55:00 AM 2006 PrimeZone Media Network
NEW YORK and LONDON, Oct. 10, 2006 (PRIMEZONE) -- Electronic Game Card, Inc. (OTCBB:EGMI), the creator of the Electronic GameCard, today reported that Aspers Group Limited has signed an agreement to use EGMI's Electronic GameCards for a promotion at its casino in Newcastle during the current fourth quarter.
Aspers Newcastle which opened in October 2005, is located in 'The Gate', a large, modern leisure complex in the heart of the city. Aspers at the Gate is the market leading gaming venue in the north east of England and is one of the U.K.'s largest and most successful casinos, with over 45,000 square feet of space. It offers American roulette, blackjack, three card poker and Punto Banco as well as 110 slot machines with jackpots from EUR500 to EUR4000. There are also 60 automated roulette terminals that are linked to the live tables and a busy 150 player poker room which holds tournaments almost daily. Other facilities include an upscale restaurant, several bars, a mini-spa and a VIP Club.
Aspers is in the process of building and developing a number of further casinos in prime sites in chosen markets in the U.K., such as Swansea, Northampton, Bournemouth and elsewhere. Aspers is also competing for a number of the new casino licenses to be created under the UK government's recent legislative modernization.
A spokesperson for Electronic Game Card, Inc. commented, "We are delighted that Aspers has become the first U.K. casino operator to use our Electronic GameCards in a promotion. The innovative application of the GameCards underlines the dynamic approach undertaken by Aspers in its marketing and promotions.
For Electronic GameCards this order continues the current success in the casino sector as we are now receiving continued interest from this significant global market."
About Electronic Game Card. Inc.
Electronic Game Card Inc., (OTCBB:EGMI), develops, produces and markets innovative games to the lottery, casino, and promotional industry worldwide. The Company's lead product is the EGC GameCard, a unique credit card-sized pocket game combining proprietary technology of interactive capability with "instant win" excitement. The "Electronic GameCard" can be programmed to suit a variety of gaming and promotion applications. EGMI's client base is across the $100 billion global market of state and national lotteries, Gaming and Casinos, Indian Gaming and the expanding sales promotion and incentive markets. EGMI develops sales and marketing relationships with agents globally and has a joint venture with a major lottery focused U.S. listed corporation which owns approximately 8% of the EGMI common stock. For further information please visit www.electronicgamecard.com
July 2005, the Public Gaming Research Institute (PGRI) named the Electronic GameCard(tm) as a 2005 Lottery Product of the Year during its conference in Las Vegas. The PGRI award recognizes the importance of new products to the growth and continuing success of worldwide lotteries.
About Aspers:
Aspers Group Limited is headquartered in London. In addition to its existing operational casinos in Mayfair and Newcastle, Aspers' development portfolio comprises a number of strategically located high quality leisure, entertainment and gaming projects around the U.K. These include the well publicized projects in Swansea, Northampton and Bournemouth.
Aspers is also competing for a number of the new licenses to be issued under the Gambling Act 2005, most notably in Cardiff, where the Group won the international competition to be the operator of a proposed regional casino on the Sports Village site in Cardiff Bay.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commission.
CONTACT: Electronic Game Card, Inc. Roger Holdom +44 207 451 2480 roger.holdom*electronicgamecard.com
Wall Street Consultants Corp. Yvonne L. Zappulla (212) 681-4108 Yvonne*WallStreetIR.com
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RVINF (.25) Rockwell Announces Record Number of Large Diamonds in September
CCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 10, 2006) - Rockwell Ventures Incorporated ("Rockwell" or the "Company") (TSX VENTURE:RVI)(OTCBB:RVINF) and Durnpike Investments (Pty) Limited ("Durnpike"), a private South African company, are pleased to announce large high value gemstone diamond recoveries from two South African alluvial diamond properties: the Holpan-Klipdam, located north of Kimberley, and Wouterspan, located on the middle Orange River west of Kimberley.
At Wouterspan, stones of 23.73 carats, 35.73 carats, 78.62 carats and 86.35 carats were recovered during September. The 23.73 and 78.62 carat stones are of exceptional clarity and colour with characteristics similar to the large 156 carat D-flawless stone reported in a press release on July 24, 2006. The remaining two large stones are clean light yellow stones typical of this deposit. All of these stones are presently subject to an appraisal and valuation.
At Holpan-Klipdam, four stones in excess of 20 carats each were recovered during September; the largest is a high quality white stone of 43.95 carats. These stones are also currently undergoing assessment and valuation. In 2006, Wouterspan has produced 42 stones larger than 20 carats and Holpan-Klipdam mining operations have yielded 24 stones larger than 20 carats.
At its previous sale of diamonds (13 September 2006), representing less than 10 days of production, 444.94 carats of run of mine production from Wouterspan achieved a sale price of US$1051 per carat and 572.50 carats of run of mine production from Holpan-Klipdam achieved a sale price of US$1022 per carat.
Rockwell President and COO, John Bristow, commented: "Management is encouraged by the on-going improvements being made at the operations in the Kimberley area and the regular recovery of the exceptional 'specials' (+2 carats and above stones) as noted above. The production mix from the Kimberley operations ensures that the Company is uniquely placed in one of the highest value segments of the world diamond production. The size and quality of these stones provide the Company with the opportunity to further leverage its revenue potential."
On a worldwide basis, 2-carat and larger diamonds comprise only 7% of world production, but account for about 45% of the value of that production.
The Holpan/Klipdam and Wouterspan properties are two of four alluvial properties in which Rockwell can gain an interest by acquiring Durnpike, pursuant to an agreement in principle announced on June 30, 2006. The other properties are the Galputs Minerale in South Africa and the Kwango River Project in the Democratic Republic of Congo. In addition to the operating alluvial operations at Holpan-Klipdam and Wouterspan in the Kimberley district, Rockwell is also pursuing other alluvial projects in RSA, including Galputs. In the DRC, the Company is in the process of establishing logistics and undertaking a geological investigation of an alluvial project on the Kwango River in the southwestern portion of the country.
On behalf of the Board of Directors
John Bristow, President and COO
No regulatory authority has approved or disapproved the information contained in this news release.
Forward-Looking Statement
This release includes certain statements that may be deemed "forward-looking statements". Other than statements of historical fact all statements in this release that address future production, reserve or resource potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, availability of capital and financing, geopolitical uncertainty and political and economic instability and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Rockwell, Investors should review Rockwell's annual Form 20-F filing with the United States Securities and Exchange Commission www.sec.com and the Company's home jurisdiction filings that are available at www.sedar.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT: Rockwell Ventures Inc. Shawn Wallace Investor Services (604) 684-6365 or Toll Free: 1-800-667-2114 (North America) Fax: (604) 684-8092 (FAX) Website: www.rockwellventures.com
Source: Rockwell Ventures Inc.
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NVMH (.22) Announces Agreement of Cooperation On TV Shopping of 2008 Olympics Exclusive Products
PrimeZone "PrimeZone "
BEIJING, Oct. 10, 2006 (PRIMEZONE) -- Navstar Media Holdings (OTCBB:NVMH) announces that it has taken the first step in launching a nation-wide TV shopping program in China. Through its exclusive agent, the Company has entered into a cooperation agreement with CCTV Television Shopping Company to sell 2008 Olympic exclusive products on the planned TV Shopping program. This will serve as a jumping-off point for launching a nation-wide TV Shopping program in China. Initially, the program will be aired in time slots of 30 minutes to 3 hours each time with an option to make it an around the clock programming. Despite the strong economic growth, significant growth in consumer spending, high TV ownership and penetration, China is just beginning to enter into the TV shopping age with significant potentials for strategically placed companies.
According to the State Statistics Bureau of China, TV shopping in China constitutes less than approximately 0.1% of the national retail sale, which reached US$850 billion in 2005. Retail sales have been growing at approximately 10% per year for the last four years with accelerating growth. The total retail sales for 2006 are expected to reach US$960 billion. It is expected that the total retail sales for 2007 may reach US$1.07 trillion, US$1.39 trillion for 2008 and US$1.57 trillion for 2009.
In more developed countries, TV shopping constitutes approximately 8% of total retail sales. Navstar is targeting a slice of the approximately US$100 billion market in TV shopping in China, assuming a 1% share in retail for the TV shopping industry in China. The market potential for such growth is significant. The Company intends to roll out a nation-wide TV shopping program comprised of national and local stations to capture this opportunity. It intends to start with 2008 Olympics exclusive products to provide value to the consumers and the Olympic Games so that authentic products can be shipped on a timely basis to the consumers, helping to resolve the lack of licensed retail outlets across the country and to serve as the launching pad for the nation-wide TV shopping network. Eventually, a full line of products will be sold through the network. CCTV is the state-owned monopoly with the only nation-wide TV network in China and is the Company's ideal partner in this effort. Navstar's subsidiary, Beijing Media is already producing TV shopping programming on a contract basis and will soon be managing its own TV shopping operations.
Mr. Yang Wenquan, Director and General Manager for China Operations of Navstar said, "We are very excited about this breakthrough. We have worked on it for a long time and are confident that we will be making rapid progress in implementing the TV shopping operations. Our TV shopping program will be nation-wide and be based on a universal technology platform to enable multimedia operations. The market potentials for TV shopping in China are just like in other major economies in the world and we are in the right place at the right time for this growth. Our team is well prepared to implement this." Ranny Liang, Chairman of Navstar stated, "We will continue to work for shareholders value and deliver the value."
About Navstar Media Holdings
Navstar Media Holdings, Inc. (OTCBB:NVMH) is a China-based media company that produces and distributes TV, movie and other media products. The company intends to grow through internal expansion and strategic acquisitions in the largest emerging media market in the world.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT: Aurelius Consulting Group, Inc. Bill Miller (407) 644-4256 ext. 113 info*aurcg.com www.**********.com
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NAPLES, Fla., Oct. 10, 2006 (PRIMEZONE) -- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging growth company specializing in nanotechnology innovation and product development, today announced that its Nansulate Translucent GP coating has received NSF registration for nonfood compounds by NSF International, The Public Health and Safety Company(tm).
The NSF Nonfood Compounds Registration Program is a continuation of the USDA product approval and listing program. The NSF name is internationally respected, and NSF is known for its close working relationships with the World Health Organization (WHO) as well as the EPA, FDA, and USDA in the United States and other public health agencies abroad.
Nansulate was approved for NSF registration in the R-2 category, which includes use on structural surfaces or surfaces with the possibility of incidental food contact. The Nansulate coatings are nanotechnology based and provide a single solution for thermal insulation, corrosion protection and mold resistance for both industrial and residential applications.
"The food and beverage industry is strictly regulated and its companies are limited in the products they can use on their facilities and equipment due to public health concerns. The NSF Nonfood Compound Registration creates a tremendous opportunity for our Company to fill an existing need, allowing Nansulate to gain a stronger position in this multi-billion dollar industry," commented Francesca Crolley, V.P. of Operations and Marketing at Industrial Nanotech, Inc. "We currently have a number of companies that have expressed a strong interest in using our coatings but could not until we obtained the required NSF Registration approval. Beverage manufacturing, chain fast food establishments, and poultry processors and distributors are just a few of the industry sectors that have contacted Industrial Nanotech regarding our products. In fact, this is what initially prompted us to go through the rigorous approval process required for the NSF registration of our product."
Crolley also added, "Our projects at companies like Grupo Modelo, makers of Corona Beer, and others in the food and beverage industry show that our coating is a perfect solution for this sector's needs since it is critically important for these companies to safely control their heat and cold processes. Now that we have approval, I believe the food and beverage industry will become one of our fastest growing market sectors in the coming months."
About NSF International
NSF International, an independent, not-for-profit organization, helps protect you by certifying products and writing standards for food, water, air and consumer goods (www.nsf.org). Founded in 1944, NSF is committed to protecting public health and safety worldwide. NSF is a World Health Organization Collaborating Centre for Food and Water Safety and Indoor Environment.
About Nansulate(tm)
Nansulate is a product line of water-based translucent insulation coatings containing a nanotechnology-based material well-documented to provide thermal insulation, prevent corrosion and resist mold. The entire Nansulate Product Line includes: Nansulate GP, Nansulate PT, Nansulate Chill Pipe, Nansulate High Heat, Nansulate HomeProtect ClearCoat and HomeProtect Interior, and Nansulate LDX.
Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates and Nansulate PT is a direct to metal coating for pipes, tanks and other metallic substrates. Coatings that target extreme industrial environments include Nansulate Chill Pipe designed for low temperature applications on pipes and tanks and Nansulate High Heat designed for high temperature applications. Nansulate HomeProtect ClearCoat and HomeProtect Interior are designed for residential and commercial buildings and Nansulate LDX is designed for lead encapsulation applications.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology that address real-world needs through its funding of and participation in research with world-leading scientists and laboratories, including the U.S. Center for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
CONTACT: Industrial Nanotech, Inc. (800) 508-6153 corporate*industrial-nanotech.com
ZA Consulting Investors: David Zazoff (212) 505-5976 PressReleases*Za-Consulting.net
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GBIW (.15) Announces Agreement to Manufacture Mad Cow Disease Rapid Assay Test Kits
PrimeZone "PrimeZone "
NEW YORK, Oct. 10, 2006 (PRIMEZONE) -- Genesis Bioventures, Inc. (GBI) (OTCBB:GBIW) announced today that Prion Developmental Laboratories ("PDL"), its minority owned subsidiary company, entered into a contract manufacturing agreement with InBios International, Inc. ("InBios"), a leading biotechnology company in Seattle, Washington, to manufacture PDL's Mad Cow Disease ("BSE") and other TSE Rapid Diagnostic Tests.
Under the terms of the agreement InBios will manufacture PDL's BSE Rapid Diagnostic Tests to PDL's design specifications and quality control acceptance criteria. InBios will validate the manufactured BSE Rapid Assay tests meet or exceed PDL's performance criteria. Immediately following manufacture validation InBios will produce BSE Rapid Diagnostic Tests for PDL's customer evaluations, regulatory approvals, and customer sales.
"This is an important step in our commercialization of PDL's BSE Rapid Assay, and completes our search with PDL to identify a top manufacturing company to produce our quality product for us," said Douglas C. Lane, CEO and President of Genesis Bioventures. "InBios is an outstanding biotechnology company comprised of experienced scientists, professionals and executives. They were selected because of their experience and ability to manufacture the diagnostic test strips and because of their experience with the FDA and USDA in test approval. With this manufacturing agreement in place we are on track to initiate sales in 2007 under our worldwide exclusive distribution and sales license with PDL."
"With the identification of a quality manufacturing firm, PDL is looking forward to rapid progress in obtaining approval for its Rapid TSE diagnostic tests, including tests for Mad Cow and scrapie," said Robert B. Petersen, Ph.D., CEO of Prion Developmental Laboratories, Inc.
Estela Raychaudhuri, President and CEO of InBios said, "We are delighted to be working with Genesis Bioventures on this project; the availability of a rapid test for the diagnosis of mad cow disease is an important advance in animal and human public health."
About InBios International, Inc.
InBios International, Inc. is a medical diagnostic company that specializes in developing, manufacturing and marketing medical diagnostic tests for the detection of infectious diseases based on proprietary technologies useful in the development of rapid and ELISA based immunodiagnostic assays. InBios also engages in contract manufacturing and assay development for companies who wish to outsource this part of their business, and has two FDA cleared products.
About Prion Developmental Laboratories
PDL is a leading biotechnology company that researches, develops and produces advanced diagnostic and food safety monitoring tests for human and animal diseases caused by prions. Genesis Bioventures, Inc. has a significant investment in PDL.
About Genesis Bioventures, Inc.
Genesis Bioventures, Inc. is a biomedical development corporation focusing on the development and commercialization of novel diagnostics and therapeutics in oncology and neurodegenerative diseases.
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from Genesis' historical experience and its present expectations or projections. These risks include, but are not limited to: actual use of the Rapid Prion Detection assays in slaughterhouses; actual commercialization of assays for transmissible spongiform encephalopathies in animals and humans; GBI's ability to transition its corporate restructuring; to generate revenues and net income; ability to obtain personnel and directors familiar with investment, biotechnology, and pharmaceutical industries; commercialization of products through Prion Developmental Laboratories; our ability to become an industry leader; changes in economic conditions; the competitive environment within the biomedical industry; GBI's ability to capture market share; the effectiveness of GBI's advertising and marketing programs; ability to raise additional capital; ability to achieve earnings goals; regulatory and legal changes; ability to penetrate developing and emerging markets; litigation uncertainties; and other risks discussed in GBI's filings with the SEC, including the Annual Report on Form 10-KSB, Quarterly Reports on Form 10-QSB, and Current Reports on Form 8-K, which reports are available from the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
CONTACT: Genesis Bioventures, Inc. Investor Relations (310) 443-4102 gbi*gnsbio.com www.gnsbio.com
Aurelius Consulting Group (800) 644-6297 info*aurcg.com www.**********.com
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TPBD (.26) Enters Into Agreement With Tissue Genesis for Disposable Instruments for Cardiovascular and Other Applications
Market Wire "US Press Releases "
SAN DIEGO, CA -- (MARKET WIRE) -- 10/10/06 -- Tulip BioMed, Inc. (PINKSHEETS: TPBD), a developer of medical devices and patented technologies for use in the living tissue market, including plastic, cosmetic, and orthopedic surgeries, today announced it has signed a letter of intent with Tissue Genesis, Inc., a leading authority in adipose cell therapy and delivery systems.
Under the terms of the letter of intent, Tissue Genesis may become an exclusive distribution partner for Tulip BioMed products in conjunction with its therapeutic cell delivery systems for separating endothelial and adult stem cells from adipose (fat) tissue. The Tissue Genesis TGI 1000 system would be used in multiple therapeutic applications. Under the letter of intent Tulip BioMed may also gain access to Tissue Genesis technologies for distribution in the cosmetic markets. In addition, the two companies could explore new product development opportunities in wound care, peripheral artery disease and other emerging markets of interest.
Tissue Genesis, Inc., founded in 2001, is an emerging high-growth company in the field of regenerative medicine, using a patient's own therapeutic cells to coat implants, repair damaged tissue, heal disease, and other uses. Tissue Genesis is a leading authority in adipose cell therapy and delivery systems. In August 2006, Bioheart, Inc. acquired an option to the worldwide exclusive rights to Tissue Genesis's fat-derived therapeutic cell technology, which is being developed to treat heart attacks and congestive heart failure. Other near-term applications for Tissue Genesis technology include vascular grafts and wound healing using patients' own regenerative cells.
Anton C. Krucky, president and CEO of Tissue Genesis, said, "We believe that an alliance with Tulip BioMed could be a beneficial relationship for both companies. Tulip BioMed was chosen because we believe they are the leaders in cell friendly devices targeted to gently remove cells from the body doing the least amount of damage to the tissue removed and to the patient. We both see that the future of medicine will include more and better usage of a patient's autologous fat tissue in many different areas of healthcare, and Tulip's disposable instruments may be key in both harvesting and re-injection of this tissue. Together we can bring applications and instruments to market that will support this important growth area."
Tulip BioMed has recently begun delivering disposable, minimally invasive, coated cannulas, in multiple tip configurations and sizes for body contouring, for the plastic and cosmetic markets. The instruments developed by Tulip BioMed are designed to solve cross-contamination issues by eliminating reuse of instruments in liposuction, fat transfer and other closed end cannula procedures. The lubricious coating is designed to not only decrease the trauma to the cells inside the lumen, but is also designed to increase the ease of manipulation for extraction and re-injection procedures, minimize bruising and shorten recovery periods. These types of instruments will also be the critical link used in safely harvesting fat tissue for wound care, repair of peripheral artery disease and other cardiovascular surgeries.
According to Tulip BioMed, this combination of technologies places both companies right at the core of making it a near term possibility to provide a minimally invasive way to access one's own therapeutic cells, including endothelial and stem cells, for research and a potential multitude of cell therapies.
"As a leader in our technology, we are very excited about working with Tissue Genesis, a world leader in their technology," said Tulip BioMed CEO Marc Pilkington. "It is amazing to think that by combining Tulip's adipose (fat) harvesting system and Tissue Genesis's cell delivery systems, you could produce a supply of one's own therapeutic cells in 30 to 60 minutes."
About Tissue Genesis, Inc.
Tissue Genesis, Inc. is commercializing its technology to isolate autologous adipose (fat) derived therapeutic cells to enable the rapid isolation and delivery of these cells at the point of care. The company is currently advancing its technology in a range of therapeutic areas including vascular, cardiovascular, and wound treatment applications through internal development and partnerships. Tissue Genesis' cell isolation technology supports a family of platform systems enabling autologous, point of care adipose derived therapeutic cell isolation in under two hours. For more information about Tissue Genesis, please contact Anton Krucky, CEO or visit www.tissuegenesis.com.
About Tulip BioMed, Inc.
Tulip BioMed, Inc. (PINKSHEETS: TPBD) is a Nevada corporation with operations based in San Diego, California. Founded in 2004, Tulip BioMed, Inc. is a medical device, biotechnology company that manufactures and distributes patented technologies for the plastic and cosmetic surgery, biopsy, orthopedic surgery, stem cell therapy and other living tissue markets. Tulip BioMed, Inc. is the exclusive licensee of patented syringe connection devices that use the worldwide recognized Tulip brand name. Tulip BioMed, Inc. manufactures, markets, and distributes medical devices, adapted with these and other patented technologies, to physicians, clinics, military, health organizations, hospitals and other distribution outlets. For more information go to: www.tulipbiomed.com. Products are available for sale at www.tulipdisposable.com.
Safe Harbor: This press release contains certain forward-looking information about Tulip BioMed, Inc., which is intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)," and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, financial projections and estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to future operations, products and services; and statements regarding future performance. Such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of Tulip BioMed, Inc., that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include: our lack of operating revenue and earnings history, our need for additional capital to pursue our business strategy. We are a non-reporting company and as such do not make periodic filings with the Securities and Exchange Commission. We trade on the Pink Sheets and there can be no assurances that a liquid market will develop in our securities. Readers are cautioned not to place undue reliance on these forward-looking statements. Tulip BioMed, Inc. does not undertake any obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact: Beth Walsh Clearpoint Agency, Inc. Email Contact 858-724-2500
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ECFL (.036) SqueezeTrigger Price Is $0.14. Approximately 30.9 Million Shares Shorted Since January 2005 According to ********** Research Report
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
eCarfly, Inc. announced today that **********, www.**********, is initiating coverage of eCarfly, Inc. (Pink Sheets:ECFL) after releasing the latest short sale data to October 2006. From January 2005 to October 2006 approximately 401.5 million total aggregate shares of ECFL have traded for a total dollar value of nearly $57.7 million. The total aggregate number of shares shorted in this time period is approximately 30.9 million shares. The reported Total Short Interest as of September 12th is 24,890. The ECFL SqueezeTrigger price of $0.14 is the volume weighted average short price of all short selling in ECFL. A short squeeze is expected to begin when shares of ECFL close above $0.14. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********.
Month Total Vol. Short Vol. Avg. Price Short $ Value ------------- ------------- ------------ -------------- --------------
February '05 250 19 $0.50 $10 July 100 8 $0.10 $1 August 25 2 $0.50 $1 September 180 14 $0.10 $1 October 30 2 $0.10 $0 December 125 10 $0.10 $1 February '06 400 31 $0.30 $9 March 64 5 $0.30 $1 July 18,573,100 1,430,129 $0.29 $408,302 August 138,024,096 10,627,855 $0.18 $1,909,826 September 228,106,688 17,564,215 $0.12 $2,025,154 October 16,750,099 1,289,758 $0.08 $96,990
Total: 401,455,157 30,912,047 $0.14 $4,440,296
(1) short volume is approximated using a proprietary algorithm. (2) average short price is calculated using a volume weighted average short price. (3) short volume is the total short trade volume and does not account for covers.
About eCarfly, Inc.
eCarfly, Inc. provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles online. With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on online vehicle auctions, industrial equipment, aircraft, personal watercraft auctions, and partnerships with companies and private individuals interested in selling their personal vehicles.
About **********
WWW.********** is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. ********** has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
********** has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 1,000,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like ********** to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, ********** provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
All material herein was prepared by **********, based upon information believed to be reliable. The information contained herein is not guaranteed by ********** to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. A third party has paid $995.00 to purchase data for information provided in this report. The data service can be cancelled at any time. The third party and its affiliates and family members may own shares of ECFL and may profit if the share price increases. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. ********** is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. ********** will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
********** and SqueezeTrigger are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of **********, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.
By visiting ********** or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. **********, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to ********** and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State.
Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. ********** does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. ********** places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.
Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and ********** undertakes no obligation to update such statements.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Source: eCarfly, Inc.
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EVSNF (.30) Receives $400,000 Order from Leading Denim Manufacturer
Business Wire "US Press Releases "
YOQNEAM, Israel--(BUSINESS WIRE)--
Elbit Vision Systems Ltd. (OTCBB:EVSNF) announced that it has received a repeat order for multiple IQ-TEX Automatic Inspection Systems from a leading Denim manufacturer in United States. These systems will be used to meet the rising quality and cost demands of this industry sector.
Mr. Shmuel Cohen, President of EVS, US, Inc., said, "We have reached another milestone in our global strategy to supply the best on-line yield enhancement and quality assurance technology to growing industrial market sectors. This order is further proof that our latest generation of automatic optical inspection systems, the IQ-TEX, can help our customers greatly reduce manufacturing costs while providing superior quality products to the end user."
About Elbit Vision Systems Ltd. (EVS): www.evs.co.il
EVS offers a broad portfolio of automatic in-line inspection and quality monitoring systems used to improve product quality and increase production efficiency. The Company's Industrial Division provides automatic optical inspection (AOI) and non-destructive ultrasound inspection systems for heavy manufacturing (automotive, aeronautics, steel and others). EVS maintains headquarters and manufacturing in Israel, R&D operations in Israel, and offers global sales and support coverage.
Safe Harbor:
This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties, such as market acceptance of new products and our ability to execute production on orders, which could cause actual results to differ materially from those in the statements included in this press release. Although EVS believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. EVS disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or otherwise. EVS undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
This press release and other releases are available on www.evs.co.il.
Source: Elbit Vision Systems Ltd.
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Tuesday, October 10 2006 9:23 AM, EST TrendSetter Solar Products to Supply Alternate Energy Source to Affordable Housing Project Market Wire "US Press Releases " FAIRHAVEN, CA -- (MARKET WIRE) -- 10/10/06 -- TrendSetter Solar Products, Inc. (PINKSHEETS: TSSP) today announced that it has solidified the contract to provide its solar thermal hot water heating and storage systems to the new Courtyards of Arcata, Phase II affordable housing project. Dirk Atkinson, TrendSetter's CEO said that "This phase II of the project will provide revenues of approximately $239,000 for this local affordable housing project being newly constructed in Arcata, CA, Arcata is a community close to Fairhaven, CA. Phase II is a continuation of Phase I, for which TrendSetter provided its solar thermal hot water heating and storage systems. We expect to complete the installation of our solar hot water systems in these new housing units within the next several months." Atkinson went on to say that, "TrendSetter has purchased sufficient evacuated tube collector inventory, from its U.K. partner, to support sales through the end of 2006. The collectors are scheduled to arrive from overseas in October." About TrendSetter Solar Products TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States . TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate renewable energies become more of a concern, TrendSetter's products are one of the answers. Additional information can be seen at the Company's website www.trendsetterindustries.com. Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical fact may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from the projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. For more information contact: Dirk Atkinson TrendSetter CEO Email: dirkatkinson*comcast.net
Jim Holmes CCMCo Email: jholmes777*aol.com
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