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CHNW (.0003) closes The Regional Training Transaction
LAS VEGAS, Jan. 26 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK), www.cashnow.com (Cash Now), a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software and white or private label back end systems, Internet based payday loans, and other sub prime financial utility tools, annouced today after the market closed, the completion of the regional training transaction. The trainee, a Maryland based mortgage broker, plans on adding additional services to their clients via the Internet such as online payday loans and other sub prime financial services made available by Cash Now and its vendors.
Cash Now's CEO Garr Winters said, 'this is a bit of a different twist from our traditional model, however, as more and more States and Provinces change the laws on payday loan lending we are noticing an increase in the media scrutiny and the need for payday loan and check cashing operators to stay on top of the current laws and regulations that affect our industry.' Case in point, the recent soon-to-be-released San Francisco Chronicle expose on the payday loan industry that is comparing traditional bank fees to those charged by payday loan companies. The company confirms that it did contribute to the payday industry support cause, as it did participate with the journalist inquiry. Mr. Winters said, 'we are not a bit surprised that most consumers and journalists alike did not realize that in most cases, taking out a short term payday advance is less expensive than the fees charged by some traditional banks.' In other company news, the company remains concerned about the erosion of its share price. The company plans on issuing a 'President's Message' press release to its shareholders, that will address this and many other frequently asked questions of its shareholders.
Cash Now Background
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.
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FBVG (.04) Receives Over 40 Truckloads of New Orders From Major California Supermarket Chain
PrimeZone "PrimeZone "
VALENCIA, Calif., Jan. 26, 2007 (PRIME NEWSWIRE) -- Fire Mountain Beverage Company (Pink Sheets:FBVG) announced today the Company and its wholly owned subsidiaries have received purchase orders to produce in access of 40 truckloads of water beverages. The purchase order comes from a major southern California supermarket chain that currently has over 160 store locations in California and over 3 billion in annual revenue. The purchase orders include four flavored water beverages (punch, orange, grape and lime) also including purified bottled water. Fire Mountain plans to extend this book of business to encompass the Supermarkets own private label beverages.
According to Anthony K. Miller, CEO, "This is a continuation of the excellent new business that was generated in the last portion of 2006 and this order represents significant new business for our Company. The potential of this deal is the enormous for us, and aligns us with managements 2007 goals."
Fire Mountain Beverage Company bottles, develops, markets, sells, and distributes branded purified, spring water and oxygenated-vitamin-flavored water beverages and co-packs and markets a wide range of beverages. The Company products are orientated to the health conscious consumer looking for alternatives to tap water and carbonated beverages containing sugar, caffeine, sodium and carbohydrates. Fire Mountain's customer base includes single and multi-store retail operations, governmental agencies, distributors, convenience stores, schools and other outlets. These products take advantage of current market trends in the beverage industry that enhance the quality of life.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
CONTACT: Fire Mountain Beverage Company Anthony K. Miller, CEO (661) 362-0716 info*firemountainbeverage.com
-------------------- The difference between genius and stupidity is that genius has its limits
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MNCL (.039) is Pleased to Announce Agreement with Novolypharma in Spain
Business Wire "US Press Releases "
RENO, Nev.--(BUSINESS WIRE)--
Martin Nutraceuticals Inc. (PINKSHEETS:MNCL) is pleased to announce it is now in the final stages of an agreement with Novolypharma, out of Madrid, Spain. The agreement will not only provide for the production of its flagship products, but will also allow Martin Nutraceuticals to acquire the distribution rights for various Novolypharma products.
Novolypharma is a nutraceutical laboratory with the most advanced level of technology currently available in the nutraceutical manufacturing field, allowing it to conform to FDA (Pharmaceutical) Standards. Novolypharma is majority owned by X Consul Group Company, is a very well respected conglomerate in the nutraceutical marketplace, which includes companies such as CIMA 27, Ydosis and Kapal Consulting.
X Consul Global Company maintains the rights for the worldwide licensing of Novolypharma products, which includes the CGY 25 plant extract that promotes prostate and sexual health substantiated by scientific research conducted by the Montpelier University of France and the University of Seoul of South Korea.
"We are very excited about finalizing this agreement with Novolypharma and X Consul Global," states Mr. Harvey Panesar, President of Martin Nutraceuticals Inc., "this is a great boost for our current products as well the products that are being developed. Not only will we be with a FDA approved laboratory, we will also have access to many of Novolypharma's products, allowing us to maintain our quality of products and expand our product line. Getting ready for our US launch of the Infomercial and the products, we felt strongly about aligning ourselves with a GMP and FDA approved lab, which is what Novolypharma provides us."
About Martin Nutraceuticals Inc.
Martin Nutraceuticals Inc. is a company focused on providing a better health and lifestyle through natural products. Martin Nutraceuticals flagship products include Arthrizyme(TM) for general joint pain and Oxygenol(TM) for anti-oxidation and Maximum Slim(TM) for weight control.
Arthrizyme(TM) is a unique blend of systemic enzymes proven to rapidly reduce inflammation in joints and muscles. Arthrizyme(TM) is not limited to anti-inflammatory effects; it also assists the body in the healing process by breaking down fibrin in joints and muscles. Arthrizyme(TM) differs from all other natural arthritis remedies and was designed to work for all types of arthritis and in all joints of the body. Arthrizyme(TM) is fast acting, usually improving symptoms within the first few days.
Safe Harbor Statement
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions.
Source: Martin Nutraceuticals Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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RICHMOND, British Columbia, Jan. 26 /PRNewswire-FirstCall/ -- SmarTire Systems Inc. (OTC Bulletin Board: SMTR) announced today that it has entered into an agreement dated January 23, 2007 providing for the sale of convertible debentures in the amount of up to $1,800,000. On January 23, 2007, SmarTire sold one convertible debenture for gross proceeds of $684,000. The Agreement provides that SmarTire may sell convertible debentures for the balance of up to $1,116,000 at any time over the next six months. Terms of the financing are disclosed in the company's 8-K filed today.
SmarTire CFO Jeff Finkelstein said, 'As reported on December 10, 2006, our first quarter results showed a continuing trend of year-on-year revenue growth and major players in the commercial vehicle industry have advised us that they plan to begin ordering our products. This indication was further supported last week with the announcement by DaimlerChrysler Commercial Buses that they will begin supplying SmarTire products to their customers. As this revenue growth trend continues throughout 2007, it is most important that we have the working capital necessary to respond to this increase in product demand. The actions recently undertaken to reduce our operating costs and the infusion of the net proceeds from the first tranche of this financing represent major steps in satisfying our working capital requirements going forward.'
About SmarTire Systems Inc.
SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide under the SmartWave(TM) trademark. SmarTire has developed numerous patent-protected wireless technologies and advanced tire monitoring solutions since it was founded in 1987. Its proprietary SmartWave platform provides a foundation for the addition of multiple wireless sensing and control applications. The initial product release on the SmartWave platform is SmartWave TPMS, which leverages on SmarTire's background and knowledge in tire monitoring solutions. SmarTire has offices in North America and Europe. For more information about SmarTire, visit http://www.smartire.com.
This press release is available for investor commentary, questions, near real-time answers and monitored discussion in the SmarTire IR HUB at http://www.agoracom.com/IR/SmarTire. Alternatively, investors may speak with D.P. Martin and Associates at (561) 514-0194 or e-mail info*dpmartin.com.
Except for historical information contained herein, the matters discussed in this news release contain 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, that involve substantial risks and uncertainties. When used in this news release, the words 'expects,' 'may,' 'will' and similar expressions identify certain of such forward-looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed or implied by the forward- looking statements contained herein. Forward-looking statements in this press release include statements about SmarTire's belief that it will sell the balance of $1,116,000 in convertible debentures, that the year-on-year trend of revenue growth shown by its first quarter results will continue, that major players in the industry will begin ordering its products and that it can satisfy its working capital requirements on a going-forward basis. These forward-looking statements are based largely on the expectations of SmarTire and are subject to a number of risks and uncertainties that are subject to change based on factors, which are, in many instances, beyond SmarTire's control. These include, but are not limited to, risks and uncertainties associated with, SmarTire's ability to obtain additional financing and to continue as a going concern, SmarTire's dependence on key personnel, the effects of competitive pricing, SmarTire's dependence on the ability of third- party manufacturers to produce components on a basis that is cost-effective to SmarTire, market acceptance of SmarTire's products, acceptance of SmarTire's products by prominent customers, SmarTire's ability to keep up with technological advances in the industry, the effect of competitive products and the effects of governmental regulations. SmarTire cautions that the foregoing factors are not exhaustive. For a detailed discussion of these and other risk factors, please refer to SmarTire's filings with the Securities and Exchange Commission, including its annual report on Form 10-KSB and subsequent quarterly reports on Form 10-QSB. SmarTire expressly disclaims any intent or obligation to update any forward-looking statements.
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RTGI (.023) Announces Phase I Clinical Study on Blood Viscosity and Peripheral Vascular Disease
Rheologics, Inc., a subsidiary of Rheologics Technologies, Inc. (PINKSHEETS: RTGI) ("Rheologics"), today announced the initiation of a Phase I study to explore the effect of lowering blood viscosity in patients with critical limb ischemia and end-stage peripheral vascular disease. The study is taking place at the Seoul Veterans Hospital in Seoul, South Korea utilizing the Rheolog® blood viscometer.
Peripheral vascular disease, or peripheral arterial disease ("PAD"), is a form of atherosclerosis that occurs in the lower extremities and affects 1 in 20 people over the age of 50, between 8 to 12 million people in the United States. There are approximately 63 million patients affected by PAD in developed countries worldwide. Approximately 31 million of the affected population are symptomatic and about 7.5 million of those require treatment. PAD is the cause of over 100,000 lower extremity amputations in the U.S. every year.
The Phase I study will include patients divided into 2 groups on the basis of a randomized controlled trial: patients in the control group receiving conventional treatment and patients receiving treatment to lower blood viscosity. The objective is to evaluate the effect of blood viscosity reduction in end-stage PAD resistant to maximal medical therapy and where revascularization therapy (both percutaneous and surgical) has either proved insufficient or is contra-indicated or declined by the patient, usually resulting in amputation. The primary outcome parameters will be the salvage rate of the limb as compared with the salvage rate of the limb with conventional therapy.
Kenneth R. Kensey, MD, Chief Scientific Officer of Rheologics, said, "Whole blood viscosity is the parameter that best quantifies the injurious characteristics of blood flow. Since the blood pressure in the legs is typically three times greater than the blood pressure in the arms due to the pulling force of gravity, we have good reason to believe that blood flow, especially highly viscous and injurious blood flow, is the true culprit behind PAD. Leg amputation because of PAD is devastating for each and every patient. If by lowering blood viscosity, we can improve the limb salvage rate of end-stage PAD patients, we will have made a major contribution to the quality of millions of lives around the world."
The Rheolog® is an FDA IDE-exempt device approved for research and for providing additional information in the interpretation of disease.
About Rheologics Technologies, Inc.
Rheologics is committed to developing and commercializing innovative medical technologies that improve the diagnosis and treatment of human disease. The Company is accomplishing its mission by monitoring an overlooked basic physiological parameter -- whole blood viscosity. Rheologics believes that its innovations will ultimately enable the preventative diagnosis of diseases and the development of new cost-effective therapies that conquer today's most difficult medical problems, thereby improving the quality of life for millions of people worldwide. Further information on Rheologics may be found at www.rheologics.com.
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, including but not limited to statements regarding the Company's beliefs and expectations about the performance and benefits of its technology; marketing and commercialization activities; and our beliefs regarding research and development efforts. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements herein are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after this date.
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CVNI (.30) Retains Princeton Research, Inc for Investor Relations
Clearvision International, Inc (OTC: CVNI) has retained Princeton Research, Inc. for investor relations.
Clearvision has an impressive cast of officers and directors led by Russ Regan, CEO and have over 20,000 media outlets such as Fox News, CNN, CNBC, The Wall St Journal, New York Times, USA Today, Investors Daily, Larry King Live, The Tony Danza Show, The Today Show, the Ellen Degeneres Show, Entertainment Tonight, Access Hollywood and many others.
Mr. Regan is a prominent name in Hollywood. He has played a major role in the careers of some of the biggest names in the entertainment business, such as Elton John, Neil Diamond, Barry White, Olivia Newton John and Motown records.
Clearvision has high quality script to screen production together with celebrity endorsements together with their influential media network that give their clients maximum media exposure.
Princeton Research, Inc Mike King, 702-650-3000
Source: Business Wire (January 28, 2007 - 7:35 PM EST)
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HQSM (.279) Featured on "Business and Beyond," to Be Aired Weekly on Chicago's CLTV in February 2007
HQ Sustainable Maritime Industries, Inc. (OTCBB: HQSM), a leader in toxin-free integrated aquaculture and aquatic product processing, today announced that CEO Norbert Sporns is featured in the PTGTV educational series, Business & Beyond, to air to Chicago audiences over CLTV Chicagoland Television each Thursday throughout February 2007.
The segment, part of Business & Beyond's Models of Excellence feature, is to be broadcast February 1, 8, 15, and 22 at 1:00 AM on CLTV, Chicago's Emmy Award-winning 24-hour news channel, which reaches more than 1.8 million households. CLTV has received numerous regional Emmy, National Press, Associated Press and other awards, recognizing the channel for its programming excellence.
Business & Beyond calls attention to HQ in a segment on "Toxin-free aquaculture," part of its Models of Excellence feature. The story, filmed in China and Seattle, highlights HQ's toxin-free vertically integrated Tilapia business. The series also touches on the increased concerns regarding toxins in ocean-sourced products and the solutions that HQ's farmed product can provide.
"We are very pleased that this educational series, produced by PTGTV, continues to bring the story of HQ's toxin-free 'TiLoveYa®' products to large consumer and business audiences throughout the United States," said Mr. Sporns. "Consumers are rightfully concerned about increases in toxicity levels in seafood and need to be informed about what choices exist. 'TiLoveYa®' is a fun brand that addresses the serious need for the lowest toxicity levels possible in food."
PTGTV's Business & Beyond program was broadcast in Pittsburgh and Cincinnati in November and December 2006, respectively. In January 2007, it reached audiences in Salt Lake City. It will continue to be broadcast to major U.S. markets throughout 2007.
About HQ Sustainable Maritime Industries, Inc.
HQ Sustainable Maritime Industries, Inc. is an integrated aquaculture and aquatic product processing company, with operations based in the environmentally pristine island province of Hainan, in the South China Sea. HQ practices cooperative sustainable aquaculture, using nutraceutically enriched feeds and conducting fish processing and sales. The company is dedicated to sustainable toxin-free methods giving its customers the purest products possible. The Company holds HACCP certification from the U.S. FDA and the EU Code assignment of quality, permitting its products to be sold in these international markets. It owns a nutraceuticals and health products company, which is HACCP certified, and produces and sells products subject to stringent laboratory tests certified by the China Ministry of Health. This plant produces nutraceuticals, which enrich feed used by HQ's cooperative aquaculture operations. In addition to headquarters in Seattle, HQ has operational offices in Haikou, Hainan. (http://www.hqfish.com).
About PTGTV
PTGTV, since its founding in 1997, has been keeping viewers up-to-date through a variety of ground-breaking, highly successful educational shows. Innovative solutions are being provided to the business and industrial sectors, enhancing the products and services that the end user ultimately receives. "Smart" solutions can change work styles, improve productivity, streamline processes, and give instant access to an unbelievable depth of information. Business & Beyond producers work with publishers and editors of well-respected business magazines all over the country along with a distinguished Advisory Board to maintain the show's leadership position with each new season. Business & Beyond provides viewers with the very latest news, research, and expert advice on new products and trends. PTGTV continues to push the envelope as producers for Business & Beyond work closely with virtually every major player in the technology field... Business & Beyond -- it's business at its best! (See www.ptgtv.com)
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of HQ Sustainable Maritime Industries, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."
Consulting For Strategic Growth I, Ltd. ("CFSG") provides HQ Sustainable Maritime Industries, Inc. (HQ) with consulting, business advisory, investor relations, public relations and corporate development services, for which CFSG receives a fixed monthly fee for the duration of the agreement. Independent of CFSG's receipt of cash compensation from HQ, CFSG may choose to purchase the common stock of the company and thereafter sell those shares at any time it deems appropriate to do so.
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PLRS (.0203) Announces Evidence That PLX-I Cells Are Immune Privileged
Pluristem Life Systems, Inc. (OTCBB:PLRS), a cell therapy company dedicated to the commercialization of stem cell products, today announced evidence that its PLX-I cells have proven to be immune privileged. PLX-I cells are Pluristem's first potential product dedicated to resolving the global shortfall of matched tissue for bone marrow transplantation by improving the engraftment of umbilical cord blood. PLX-I cells are mesenchymal stems cells obtained from the placenta and expanded by using Pluristem's proprietary 3D PluriX(TM) technology.
Immune privileged is defined as the absence or diminution of rejection when implanted into unmatched recipients. Being immune privileged, the PLX-1 cells carry significant positive implications in the development of Company products for a variety of degenerative, malignant and immune diseases. Additionally, this immune modulating property could prove important in treating or preventing immune reactions associated with transplantation.
Ora Burger PhD. V.P. of R&D at Pluristem states: "Our PLX-I cells possess immune privileged characteristics that can be used in the future for other applications involving transplantations. PLX-I cells posses these immune privileged characteristics without carrying the associated social stigmata of embryonic stem cells because PLX-I cells come from the placenta."
William R. Prather RPh, MD, Sr. V.P. Corporate Development notes: "Mesenchymal stem cells can differentiate into a range of different tissues types associated with the musculoskeletal system such as bone, cartilage, fat, muscle, tendon and ligament. Consequently, mesenchymal stem cells are considered to be multipotent. Additionally, some reports provide evidence of these cells plasticity or the ability of mesenchymal stem cells to traverse tissue boundaries and give rise to cells of a different non-musculoskeletal tissue, such as brain or liver cells. If this is the case, mesenchymal stem cells may be used to help treat a broad range of tissues affected by damage or disease. Allogeneic transplantation of mesenchymal stem cells between different individuals may also be possible as these cells appear to be immune privileged in that they are not necessarily rejected when implanted into unmatched recipients. The characteristic of these cells being immune privileged may enable Pluristem to be involved with new clinical applications with PLX-I."
About Pluristem
Pluristem Life Systems, Inc. is life sciences driven company that is developing and commercializing stem cell expansion technology products for the potential treatment of a variety of disorders. The Company is discovering and developing cell-based therapeutics that utilizes adult stem cells expanded in a three-dimensional proprietary bioreactor mimicking different naturally occurring physiological environments. Pluristem expects its first products to be cell grafts that will provide an efficient and superior alternative to the standard procedure of bone marrow transplantation.
PLX-I, Its first adult stem cell product is intended to target a critical global shortfall of matched tissue for bone marrow transplantation since bone marrow transplantation is often the only cure for patients suffering from leukemia, lymphoma, myeloma and many other hematological diseases. The Company has made a strategic decision to work only with adult stem cells since the practical use of embryonic stem cells is severely restricted by various religious, ethical and legal considerations.
This press release contains statements, which may constitute "forward-looking statements" regarding our intent, belief or current expectations. Forward-looking statements in this release include that its PLX I cells proved to be immune privileged; that immune privilege characteristic of the PLX I cells will enable Pluristem to enter to new clinical applications; that mesenchymal stem cells may be used to help treat a broad range of tissues affected by damage or disease; and that we are discovering and developing cell-based therapeuticsc. Factors which may prevent our forward looking statements from coming to fruition include that our technology may not be validated as we progress further and our methods may not be accepted by the scientific community; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products; unforeseen scientific difficulties may develop with our process; results in the laboratory may not translate to equally good results in real surgical settings; our patents may not be sufficient to protect essential aspects of our technology; competitors may invent better technology; our products may not work as well as hoped or worse, our products may harm recipients; and we may not be able raise funds for development or working capital when we require it. As well, our products may never develop into useful products and even if they do, they may not be approved for sale to the public. For further risk factors see the Company's latest 10-KSB filed with the SEC.
Pluristem Life Systems Investor Contact Sr. VP Corporate Development Dr. William Prather, 303-883-4954 bill*pluristem.com or Emerson Gerard Associates Media Contact Jerry Jennings, 561-881-7318 mediareply*emersongerard.com
Source: Business Wire (January 29, 2007 - 6:01 AM EST)
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SLGLF (.0989) Nolan Lode gold and antimony exploration update -
Drill confirms gold/antimony to a depth of 210 feet open to depth - High grade antimony assays confirmed SILVERADO - OTCBB: SLGLF/Frankfurt: SLGL/Berlin: SLGL VANCOUVER and FAIRBANKS, AK, Jan. 29 /PRNewswire-FirstCall/ - Following up on the successful assay results achieved during the fall season of Silverado's 2006 exploration trenching program (see press release dated January 22, 2007), the company drilled one RC drill hole in late fall of 2006 in an area north of Smith Creek (Visit this link to view map: http://www.silverado.com/nolancreek2006), which is part of the five mile long gold bearing Solomon Shear Zone. Drill hole 06SH01 was drilled at a minus 45 degree angle and designed to check for down-dip continuity of the gold (Au) and antimony (Sb) bearing quartz veins (Au-Sb-Qtz veins) of the 'main zone' previously identified by the company's successful trenching program. Note that drill hole 06SH01 was drilled while trench assay results were still pending. The drill hole was stemmed at 300 ft (due to breakdown) before reaching the projected down dip intersection of the veins with the highest grade gold values identified by trench assays. This area will be drilled again this spring.
Silverado Gold Mines is pleased to announce that drill hole 06SH01 successfully confirmed the presence of the Au-Sb-Qtz vein systems of the 'main zone' to a vertical depth of 210 ft over a projected horizontal width of 125 ft (see Fig. 1 - http://www.silverado.com/january292007/figure1.htm). A total of 57 drill cuttings samples, each with a 5 foot sample interval, were collected during the drilling program and submitted to ALS Chemex in Fairbanks for analysis. Out of these 57 samples, 10 samples show gold values greater than 0.01 ounces per ton (opt) Au and ranging up to 0.06 opt Au (see Table 1a below). In addition to the gold values, 7 of the 59 drill samples have antimony values greater that 0.1% Sb, and ranging up to 2.51% Sb (see Table 1b below).
Table 1a: 06SH01 drill results of 0.01 opt Gold and higher.
------------------------------------------------------------------------- Rotary Drill Intersection hole # Sample # Depth From Surface Sample Width Au opt ------------------------------------------------------------------------- 06SH01 06SH121 115 - 120 5 ft 0.01 ------------------------------------------------------------------------- 06SH01 06SH128 150 - 155 5 ft 0.02 ------------------------------------------------------------------------- 06SH01 06SH133 175 - 180 5 ft 0.02 ------------------------------------------------------------------------- 06SH01 06SH134 180 - 185 5 ft 0.01 ------------------------------------------------------------------------- 06SH01 06SH135 185 - 190 5 ft 0.01 ------------------------------------------------------------------------- 06SH01 06SH142 220 - 225 5 ft 0.06 ------------------------------------------------------------------------- 06SH01 06SH146 240 - 245 5 ft 0.01 ------------------------------------------------------------------------- 06SH01 06SH148 250 - 255 5 ft 0.03 ------------------------------------------------------------------------- 06SH01 06SH150 260 - 265 5 ft 0.01 ------------------------------------------------------------------------- 06SH01 06SH153 270 - 280 5 ft 0.05 -------------------------------------------------------------------------
Table 1b: 06SH01 drill results of 0.1% Sb and higher.
------------------------------------------------------------------------- Rotary Drill Intersection hole # Sample # Depth From Surface Sample Width Sb % ------------------------------------------------------------------------- 06SH01 06SH121 115 - 120 5 ft 0.17 ------------------------------------------------------------------------- 06SH01 06SH129 155 - 160 5 ft 0.19 ------------------------------------------------------------------------- 06SH01 06SH142 220 - 225 5 ft 1.61 ------------------------------------------------------------------------- 06SH01 06SH143 225 - 230 5 ft 0.28 ------------------------------------------------------------------------- 06SH01 06SH148 250 - 255 5 ft 0.93 ------------------------------------------------------------------------- 06SH01 06SH150 260 - 265 5 ft 1.67 ------------------------------------------------------------------------- 06SH01 06SH153 270 - 280 5 ft 2.51 -------------------------------------------------------------------------
Moreover, Silverado Gold Mines is very pleased to release the final grades for the antimony assays from its 2006 trenching program (see press release dated January 22, 2007). Due to the initial laboratory assay method with a maximum detection limit (MDL) of 5% Sb, 13 samples with assays greater than 5% Sb were re-assayed by ALS Chemex using a method with a greater MDL for total antimony. The antimony grades for these combined chip and channel rock samples range from 6.59% Sb to 46.33% Sb (see Table 2).
Table 2: 2006 trench sample results of 6.59% Sb and higher (re-assayed)
------------------------------------ Sample # Sample Width Sb % ------------------------------------ 06ST001 1 ft 19.96 ------------------------------------ 06ST002 1 ft 35.77 ------------------------------------ 06ST010 5 ft 6.59 ------------------------------------ 06ST025 5 ft 8.28 ------------------------------------ 06ST027 1 ft 31.87 ------------------------------------ 06ST030 1 ft 34.96 ------------------------------------ 06ST032 1 ft 8.07 ------------------------------------ 06ST055 1 ft 20.06 ------------------------------------ 06ST058 1 ft 40.86 ------------------------------------ 06ST061 1 ft 20.18 ------------------------------------ 06ST063 1 ft 8.43 ------------------------------------ 06ST066 1 ft 17.42 ------------------------------------ 06ST071 1 ft 46.33 ------------------------------------
Both 2006 trench and drill results confirm that high-grade gold and antimony bearing quartz vein systems exist in the Solomon Shear Zone.
This press release was prepared by Edward J. Armstrong, Certified Professional Geologist; who is a qualified person as defined under the standards of Canadian National Instrument policy 43-101.
This Press Release may contain, in addition to historical information, 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. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
CONTACT: To learn more about Silverado Gold Mines Ltd., visit us online at http://www.silverado.com or contact Bob Dynes, Investor relations, toll free at 1-800-665-4646
SOURCE Silverado Gold Mines Ltd.
Source: PR Newswire (January 29, 2007 - 6:01 AM EST)
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GAMT (.25) is Proud to Announce It's First World Wide Release of the Feature Film ``Very Mean Men'' at the Cannes Film Festival for May, 2007
Global Entertainment Holdings/Equities Inc. ("Global" or the "Company") (OTCBB: GAMT) (FWB: G8E1), a publicly traded, vertically integrated media company and independent producer and distribution of motion picture, video and television entertainment announced it will be releasing its first feature film world wide - "Very Mean Men" at the Cannes Film Festival in May 2007.
VERY MEAN MEN "One tip could save their lives"
"Clever" - LA Weekly "Inventive" - Daily Varity
"Breathtaking" - Nordwest Zeitung
"One of the most original, exciting and offbeat films of the year" - by Rex Reed
VERY MEAN MEN - SYNOPIS
In this quirky dark comedy, a bartender (Matthew Modine) tries to frighten a tip out of a cheap drunk (Academy Award-winner Martin Landau) by spinning a zany tale about two notorious crime families who go to war over a waitress being stiffed on her tip. Upon the culmination of the tale, the bartender looks the drunk squarely in the eyes and coldly states...."And all because of one lousy cheapskate." The frightened drunk nervously slides two dollars into the tip well and quickly exits. As the bartender victoriously snatches up his well-earned tip, the audience is left aghast when it is then revealed that they, like the drunk, also have been the victim of the bartender's yarn.
Global Entertainment presents a Baio/White production a Tony Vitale film.
Starring Matthew Modine, Ben Gazzara, Charles Durning, Burt Young, Scott Baio, with
Louise Fletcher and Martin Landau, Casting by Cathy Henderson, Costume Designer Ann Lambert, Music by Ennio Di Berardo, Production Designer Ladislav Wilheim, Edited by Gregory Hobson, Director of Photography Alex Vendler, Associate Producer Scott Baio, Line Producer John Duffy, Executive Producers Lydia Dadon, Jacob Dadon, Produced by David Dadon, Steven Baio, Neil P. White, Screenplay by Paul T. Murray, Directed by Tony Vitale.
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. These forward-looking statements which may include statements regarding our future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses, future operating margins and other future or expected performance, are subject to the following risks: the acquisition of businesses or the launch of new lines of business, which could increase operating expenses and dilute operating margins; the inability to license or distribute our film library competition; and to the general risks associated with our businesses.
In addition to the risks and uncertainties discussed above, you can find additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements in the reports that we have filed with the Securities and Exchange Commission. The forward-looking statements contained in this press release represent our judgement as of the date of this release and you should not unduly rely on such statements. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward - looking statements, whether as a result of new information, future events or otherwise after the date of this press release. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in the filing may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statement.
Global Entertainment Holdings/Equities, Inc., Miami Melissa Wilson, Investor Relations, 305-374-2036 ext 140 Email: mwilson*globalentertainmentinc.com
Source: Business Wire (January 29, 2007 - 4:55 AM EST)
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UPDA (.101) Continues Refinement of its Aggressive Growth Strategy
- Sets Focus on Expanding Oil and Gas Production, Development and Distribution of Fuel Blends and Acquisition of Alternative Energy Technologies With the continuing success of its well rehabilitation program, the increasing number of wells on line and the addition of new leases under the management of its subsidiary UPDA Operators Inc., coupled with the growing success of the refined product blending program, Universal Property Development and Acquisition Corporation (OTCBB:UPDA) (UP1.F, UP1.BE, UP1.DE, UP1.MU, UP1.SG) is moving forward to position itself as an energy company with expanding ambitions in exploration and production, well services, blending and trading and alternative energies.
Over the past several months, UPDA invested considerable resources in the development of blended gasoline products and was successful in formulating 87 octane and 93 octane blends suitable for the US market as well as foreign markets. UPDA is able to produce and sell these refined products at costs and prices below those of the so-called major oil companies. This presents a tremendous opportunity for UPDA's blending and trading subsidiaries to expand in the wholesale and retail markets.
The most important element of UPDA's strategy is the creation of its own unique brand of fuels to compete with the major oil companies. This strategy will result in the ownership of storage facilities where these subsidiaries can blend and distribute competitively priced gasoline to wholesalers and retailers. The potential for growth in this field is enormous and UPDA has built a team of capable professionals that includes branding and franchising managers as well as financing, investment and divestment personnel.
UPDA's growth strategy will focus on four areas. First, UPDA's asset ownership subsidiaries will increase the number of leases and wells that are managed by UPDA Operators and initiate a drilling program on their existing leases and their newly acquired leases. Second, Ambient Wells Services is moving forward with its well services business to include third party contracts. Third, the UPDA Texas Trading and US Petroleum Depot subsidiaries will launch a unique brand of blended stock as a new gasoline for the US and international markets. And finally, UPDA is actively considering opportunities with alternative energy companies and will soon incorporate a division for that purpose.
UPDA's ultimate goal is to build a great company with a focus on energy and to build shareholders' equity and value. If one division can potentially enhance shareholders' value as a stand alone business, the board will act swiftly to accomplish that enhancement.
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.
Universal Property Development and Acquisition Corporation Jack Baker (Investor Relations), 561-630-2977 info*updac.com
Source: Business Wire (January 29, 2007 - 5:00 AM EST)
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SYTE (.062) Acquires Assets of Magnolia Internet Services Acquisition Establishes Company's Presence in Arkansas
Sitestar Corporation (OTCBB: SYTE), a provider of residential and business Internet access, web hosting and value-added products and services, announced today that it has purchased the customers and assets of Magnolia Internet Services, an Arkansas-based Internet Service Provider (ISP). The deal represents Sitestar's continued commitment to disciplined growth through strategic acquisitions in target markets and the company's focus on increasing shareholder value.
Located in South Arkansas and founded in 1997, Magnolia Internet has grown its base of dial-up, Digital Subscriber Line (DSL) and web hosting customers to include both residential and business accounts. Sitestar has begun migrating the Magnolia Internet customers to its own reliable network and highly efficient customer infrastructure. The company will leverage its economies of scale business model to achieve robust profit margins and expects to increase customer retention by delivering higher levels of service and customer support.
"The Magnolia Internet deal neatly dovetails with our strategy to acquire the assets or customers of the seller and transition them to the Sitestar platform," said Frank R. Erhartic, Jr., CEO for Sitestar. "Given our size and business processes, we're able to realize greater cost savings than most ISPs, so we can generate a faster and stronger return on investment. We have established a repeatable process whereby we are identifying, qualifying and negotiating deals to grow our customer base and revenues. Most importantly, we're looking out for our shareholders by staying disciplined and buying smart."
Magnolia Internet customers will benefit from extended customer support hours and have access to value-added products and services. "On behalf of everyone at Sitestar, we welcome the new Magnolia Internet customers," said Mr. Erhartic.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements that are based on management's expectations, estimates, projections and assumptions. The Company assumes no obligation except as required by law to update the forward-looking statements contained in this press release as a result of new information or future events or developments. These forward-looking statements generally can be identified by words such as "believes," "expects," "projects," "anticipates," "foresees," "forecasts," "estimates," "should" or other words or phrases of similar import. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors, including and without limitation, as found in the Company's reports filed with the Securities and Exchange Commission.
About Sitestar
Sitestar (www.sitestar.com) is an Internet and computer solutions provider that offers narrow-band (dial-up) services and broadband Internet access services (ISDN, DSL, satellite, cable and wireless), Web hosting and design, and other value-added services including web acceleration, spam and virus filtering as well as spyware protection. Headquartered in Lynchburg, Virginia, Sitestar maintains multiple sites of operation and provides services to customers throughout the U.S. and Canada, with concentrations of customers in the Mid-Atlantic and Rocky Mountain regions in the U.S. and in Ontario, Canada. With a focus on competitive pricing, reliability, service and speed, Sitestar delivers customer value.
Source: Market Wire (January 29, 2007 - 5:00 AM EST)
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IICP (.21) and NMKT (.37) Announce Dr. Jiang Hongwei (James) as President of Chinese Operation with $40 Million in Forecasted 2007 Revenue
NewMarket China, Inc. (OTCBB:IICP) CEO and President John Verges today announced Dr. James Jiang as the President of the Chinese operation headquartered in Shanghai, China. In the fourth quarter of 2006, NewMarket Technology, Inc. (OTCBB:NMKT) independently listed its Chinese operations through the acquisition of Intercell International, Inc. and a subsequent reorganization. NewMarket China is now a publicly listed subsidiary of NewMarket Technology and provides systems integration and emerging technology products and services to the Chinese market and between China and the rest of the world.
Dr. Jiang has been advising NewMarket for more than two years and has been instrumental in NewMarket's progress in China. Dr. Jiang has successfully lead NewMarket in building revenue to approximately $20 million in 2006 from domestic sales in China with a forecast representing 100% growth to $40 million in 2007 revenue.
Dr. Jiang has over 18 years of information technology, wireless and senior management experience, including CEO level positions. His management resume includes posts with various multinational firms including British Telecom Laboratory, GaozhiSoft, Singapore Technologies and Telular Corp. Dr. Jiang has extensive knowledge of GSM/GPRS systems and architecture, 3G wireless communications and Internet technologies. In 1996, he developed and launched AirTrak, China's first e-commerce service to deliver commerce information from the Internet via a wireless network, and was chief architect of a dynamic web content cache engine and mobile application platform. He holds two patents in Viterbi Decoding and Dynamic Contents Extraction, and is a World Bank Scholar.
As President and Chief Executive Officer of GaozhiSoft, Inc., a leading OSS/BSS software company, Dr. Jiang grew the company by developing proprietary software unique to the Chinese market for servicing China Mobile (NYSE:CHL) and China Unicom (NYSE:CHU). Dr. Jiang was also the Technical Director for a world leading fixed wireless product company, Telular Corp. Inc. (Nasdaq:WRLS), in the United States as well as managing all the technical activities throughout Asia Pacific. From 1992 to 1998, Dr. Jiang was Research and Development Director for Singapore based company, PCI Ltd. (Singapore Stock Exchange: 101345).
Dr. Jiang was awarded his Ph.D. in Digital Mobile Communications from the University of Birmingham in England and his M.S. in Digital Systems from the Cranfield Institute of Technology in England. He earned his B.S. in Electronics from Jiaotong University and was a lecturer at the Shanghai Science & Technology University.
London Global Equities Conference March 7
Dr. Jiang will join NewMarket Technology CEO Philip Verges at the Global Equities Conference in London on March 7 at The Landmark London Hotel. The Global Equities Conference will include formal presentations and panel discussions where members of the financial community, including portfolio managers, analysts, fund managers, brokers, investment bankers, and individual investors, meet with select senior management of publicly held and privately held companies.
About NewMarket China, Inc. (www.newmarketchina.com)
NewMarket China, Inc. is a leader in the rapidly developing Chinese software engineering market providing high quality outsourcing services to global customers. In addition, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market. NewMarket China has established and continues to grow a highly capable network of Chinese IT Service partners providing domain expertise in telecommunications, multimedia, ERP and finance. Headquartered in Shanghai, NewMarket China bridges the gap between Western and Eastern business cultures to realize the advantages of the high quality, low cost technology products and services available in China. In doing so, the firm assists its clients in overcoming the challenge of taking a business global. NewMarket China comprehends the differences in business processes, communications and cultures between the United States and China, and provides its clients with an established partner who provides a winning environment for global relationships and transactions. While most firms see China as merely a cost saving alternative, NewMarket China recognizes that China represents a huge growth opportunity for its customers and supports them in localizing their products and services, and in identifying complementary revenue streams within the Chinese Market.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
NewMarket Technology, Inc. Rick Lutz, Investor Relations, 404-261-1196 ir*newmarkettechnology.com www.newmarkettechnology.com
Source: Business Wire (January 26, 2007 - 9:19 AM EST)
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FSRT (.37) Strategy Focused on Revenue Growth Expects Triple Digit Revenue Growth with the introduction of new products and sales strategies
DUBLIN, Ireland, Jan. 29 /PRNewswire-FirstCall/ -- FreeStar Technology Corp. (OTC Bulletin Board: FSRT), said today the Company is now aggressively focused on expanding and growing its transaction processing solutions both domestically in Finland and globally. Having invested significant capital to deliver new innovative world class products and services for its growing customer base, FreeStar now expects to deliver significant increases in sales in calendar year 2007.
The Company believes that the recent hiring of industry veterans combined with substantial investment to date in our technical infrastructure and our acquisition strategy, is designed to position FreeStar to drive revenue growth in both our core and new vertical markets.
Paul Egan, Chief Executive Officer, said, 'Major milestones such as PCI compliance and EMV certifications have been met for 2006. It is encouraging to see that our strategic focus on investing in our processing platform is beginning to have a significant impact on sales. Our 2007 results will be determined by our success with initiatives to further penetrate our markets, integrate acquisitions, and establish new standards of customer satisfaction.'
He said goals for 2007, beside business partnerships, include the Company's major lines of revenue including transaction processing and terminal sales.
After a long and arduous certification processes in 2006 the Company successfully achieved certifications for its suite of Hypercom and Thyron point of sale terminals, meaning that the Company is beginning to distribute terminals to its new and existing client's. Terminal sales will derive additional revenue for the company in addition to its core processing fees. The momentum builds from the increasing demand for our products in our domestic Finnish market.
'Relationships built in 2006 with acquiring banks across Europe will build on this momentum throughout this year, as the banks provide their merchant client bases with attractive new services,' concluded Egan.
About FreeStar Technology Corp.
FreeStar Technology Corp. provides mission-critical solutions to the financial industry worldwide. Working with merchants and acquires in more than twenty countries, our product suite has empowered partners to focus on their core competencies, while our innovative driven approach has enabled them to benefit from first to market advantage and realize their true potential. FreeStar Technology has adopted a partnership strategy for growth. Our partners are market leaders in their respective industries. These include IKEA, Finnair and Stockman. Our subsidiaries, Rahaxi Processing Oy, Finland, FreeStar Technologies Ireland, Ltd., and FreeStar Dominicana S.A. Dominican Republic, continue to develop and implement first class products and solutions that enhance the service level our partners can offer customers. For more information please visit www.freestartech.com or www.rahaxi.com.
Forward looking statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. When used in this press release, the words 'expects,' 'anticipates,' 'believes,' 'plans,' 'will' and similar expressions are intended to identify forward-looking statements. These are statements that relate to future periods and include, but are not limited to, statements regarding our adequacy of cash, expectations regarding net losses and cash flow, statements regarding our growth, our need for future financing, our dependence on personnel, and our operating expenses. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, those discussed above as well as risks set forth above under 'Factors That May Affect Our Results.' These forward-looking statements speak only as of the date hereof. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The companies caution that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in FreeStar's Form 10-KSB filing and other filings with the U.S. Securities and Exchange Commission (available at http://www.sec.gov). FreeStar undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
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AMMX (.038) Sees Increasing Numbers For International Sales
Lee Hamre, President of AmeraMex International (PINK SHEETS:AMMX) announces that the agreement between Sierra Industrial and AmeraMex is final. Mr. Hamre feels the actual signing should take place within the next couple of weeks. "This merger will allow us to expand our equipment sales into the rapidly growing Las Vegas market. This merger could increase our overall sales by 20 to 30% immediately and should double sales within two to three years," Mr. Hamre said.
Additionally, Mr. Lee Hamre will be on the internet with a live on air interview today. This interview is being done by Market News First and can be heard on their web page at the scheduled time of 2:00 pm Monday. Go to ***.com to hear the interview. One of the more interesting topics to be covered will be why there is going to be an increase in the amount of used heavy equipment for sale and how AmeraMex is best suited to deal with this increase in sales of used equipment internationally. "With AmeraMex's extensive experience in exporting of used heavy equipment into third world countries, we have the ability to move these increasing numbers of used machines," explained Mr. Hamre. "Larger more established equipment companies tend to concentrate their sales efforts on new equipment rather then used, leaving this overseas used market niche to us."
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
AmeraMex International Inc. Investor Relations Warren Murphy or Susan Anderson, 1-800-540-AMMX (2669)
Source: Business Wire (January 29, 2007 - 5:00 AM EST)
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ESFS (.155) Announces Multi-Unit Contract for Eco-Safe Ozone Disinfection Systems
LOS ANGELES, CA -- (MARKET WIRE) -- January 29, 2007 -- Michael Elliot, President of Eco-Safe Systems USA, Inc. (PINKSHEETS: ESFS), announced today that Eco-Safe ozone equipment is becoming the industry standard. He based this on the signing of a contract with a major seafood processor wherein they contracted for the installation of Eco-Safe Ozone Disinfection Systems at three of their plants, with plans to subsequently install an Ozone Disinfection System at a 4th plant.
Mr. Elliot, said that, "Throughout the industry, food processors are beginning to understand the benefits of Ozone protection of their products. They also see that as well as providing a superior product, the Ozone systems save on operational costs. This is no longer an 'I think I'll try it' situation. Many processors are in the process of converting all their plants."
Dr. Al Baroudi, President of Food Safety Institute, International, added: "Ozonated water kills bacteria on contact, providing processors with a cost-effective way to eliminate bacteria at every point in the seafood processing chain." Dr. Baroudi has held executive quality assurance and food safety positions with The Vons Companies, Inc., Yum Brands!, Harry and David and Borden, Inc.
Eco-Safe Systems, a leader in Ozone food-safety and water-purity intervention systems with services ranging from food disinfection to water reclamation and water desalinization, feels that Eco-Safe's patent-pending processes raises the bar on food safety and environmental sustainability, while decreasing costs and risks to businesses, the public and the planet.
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: Eco-Safe Systems USA, Inc. Michael Elliot President Email Contact
SOURCE: Eco-Safe Systems USA, Inc.
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EUSI (.44) Enters Into Contract With RexGene Biotech, One of Major Functional Manufacturers
LOS ANGELES, CA -- (MARKET WIRE) -- January 29, 2007 -- Eugene Science (OTCBB: EUSI), developer and marketer of advanced health supplements & nutraceutical products, entered into a contract with RexGene Biotech on January 3, 2007, to develop, produce and market a new type of health supplement product containing Eugene Science's exclusive CZ™ which cholesterol-lowering nutraceutical products. The two companies signed an MOU on November 2, 2006, prior to this official contract.
With this contract, Eugene Science will develop with RexGene Biotech various types of health supplements made of plant sterol and market raw materials and end products using RexGene Biotech's sales networks. RexGene Biotech has a strong sales network through network marketing (High-Living), Korea's largest drugstore chain (Onnuri), TV home shopping and collaborating pharmaceutical companies and recently completed healthy beverage production facility to expand its scope of business. Therefore, it would provide Eugene Science with various business opportunities to broaden and diversify raw material and end product markets.
Furthermore, Eugene Science's powerful technology and products, coupled with RexGene Biotech's global production facilities and collaborative marketing networks, would be able to open up new possibilities for Korea's health supplement market and respond to the stricter product quality control requirements of the Health Supplement Act.
RexGene Biotech is Korea's first venture company in health supplement industry to be enlisted in KOSDAQ and specializes in OEM and ODM businesses through its GMP facility for health supplements.
Eugene Science has been recognized for its exclusive technology to develop and use Plant Sterol and has concentrated on overseas marketing in the U.S., Japan, and Southeast Asia. Its marketing in Korea has begun when Plant Sterol was officially authorized as a type of health supplement in Korea.
With the recent contract, Eugene Science is expected to end the depression in Korea's health supplement market through its strategic partnership with RexGene Biotech, which is Korea's best health supplement producer and marketer.
Based in Bucheon, Kyunggi-Do, Korea, Eugene Science is a global biotechnology company tackling ailments such as heart disease, obesity and diabetes through innovation in the nutraceutical field. Its first commercial heart disease product, CZ™, is a patented, nanoscience-based, water-soluble functional food ingredient containing natural plant sterols that help maintain healthy cholesterol levels by inhibiting its absorption. CZ™ is available in capsule form, or as a food or beverage additive. These plant sterols are approved by the U.S. FDA for health claims related to cholesterol lowering efficacy. Please visit www.eugene21.com.
Investor Relations:
Mirador Consulting, Inc. Rich Miller (561) 989-3600
Capital Group Communications Richard Carpenter or Mark Bernhard email: Email Contact (415) 332-7200
SOURCE: Eugene Science, Inc.
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TERX (.049) Provides a Corporate Update and Plans for a Stock Consolidation
Business Wire - January 29, 2007 3:00 AM (EDT)
DALLAS, Jan 29, 2007 (BUSINESS WIRE) -- Terax Energy Inc. (OTCBB:TERX) announces plans to reduce its outstanding and authorized share capital on a 20 to 1 ratio. Terax currently has 60,591,529 common shares outstanding. After the reverse split, Terax will have 3,029,577 common shares outstanding and 15,000,000 shares authorized. The purpose of the consolidation is to improve Terax's ability to attract additional equity or debt capital. Lawrence Finn, President, and Chief Executive Officer says, "It has been very difficult to attract additional equity or debt at the Company's current low stock price". The reverse split will be effective January 29, 2007 and Terax's new quoted symbol will be TEXG.
Terax continues to work on various alternatives to resolve its current financial problems. These alternatives include the sale of new equity or debt securities, joint ventures with other operating companies, the sale of some or all of its assets or a merger with another company. In addition to its unsecured obligations, Terax's $2.5 million secured note became due on December 31, 2006. For a more detailed description of the Terax financial situation we suggest that interested parties refer to Terax's most recent filings with the Securities and Exchange Commission.
In October 2006, Terax listed its acreage holdings in Comanche County for sale with PLS, Inc., and in December 2006, Terax's Erath County assets were listed for sale.
The Company has oil and gas leases of 16,200 gross acres in Comanche County and 11,300 gross acres in Erath County. Terax has drilled six and completed four horizontal wells in Erath County. The Company also installed approximately eight miles of eight-inch and four miles of six-inch and four-inch steel gathering lines for the four completed wells. The gathering lines were connected to the Louis Dreyfus Pipeline and two compression facilities were installed to deliver natural gas to the sales point.
In August 2006, Terax was forced to shut in its best well the Mitchell 3H well due to a large amount of water production. As a result of shutting in the 3H well, the Mitchell 4H well was shut in a short time later. In September 2006, Terax shut in its Mitchell 1H and 2H wells due to its financial difficulties. The Company does not plan to restart production of its wells until its financial situation is resolved. Prior to being shut in, the four completed wells were producing approximately 900 MCF per day, had casing head pressures of 800 to 300 pounds per inch, and flowing tubing pressures of 300 to 70 pounds per square inch.
About Terax Energy
Terax Energy Inc. (OTCBB:TERX) is an independent gas exploration, development and production company, headquartered in Dallas. The sole focus for Terax is the optimal exploitation and development of approximately 27,500 gross acres in two mostly contiguous blocks, consisting of prospective Barnett Shale development acreage located in Erath and Comanche Counties, Texas. For more information, visit www.teraxenergy.com.
Information Regarding Forward-Looking Statements:
Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Terax's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in Terax's operations. These and other risks are described in Terax's Annual Report or Form 10-K and other filings with the Securities and Exchange Commission.
SOURCE: Terax Energy Inc.
Terax Energy Inc. Lawrence J. Finn, 972-503-0900 info*teraxenergy.com
Copyright Business Wire 2007
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ABEW (.17) Receives NASD Clearance for OTCBB Listing PrimeZone Media Network - January 29, 2007 6:00 AM (EDT)
ROCKVILLE, Md., Jan. 29, 2007 (PRIME NEWSWIRE) -- Airbee Wireless Inc. (Pink Sheets:ABEW) has received clearance from the NASD to begin trading on the OTCBB effective today. The clearance letter is dated January 26, 2007 and was sent to Newbridge Securities who acted as the sponsor for the Rule 15c2-11 submission. Gene Sharer, President and Chief Operating Officer said that "This is an event which has been anticipated for some time and is a major milestone which will allow the company to continue to pursue its business plan."
About Airbee
Airbee is an innovator of intelligent software solutions for unwired voice and data networking. Products include embedded software, management platform, development tools and services. Airbee technology is licensed by OEMs, silicon providers and integrators. All products are designed and engineered to comply with ZigBee/IEEE 802.15.4 global standards. Airbee technology offers affordability, greater flexibility and shorter time to market, unlike anything else now available. To learn more about Life Unwired(tm) with Airbee technology inside, please visit www.airbeewireless.com, or call +1 (301) 517-1860.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Airbee Wireless, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and mark
et acceptance of our services, and/or changes in our business strategies.
-0- CONTACT: Airbee Wireless, Inc. Media Relations: Gene Sharer (301) 517-1860 gsharer*airbeemail.com
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DNAG (.0135) Continues to Support Police in Mammoth Lakes Murder Case
Chairman Dr. Hector Gomez Helps With Outreach to Spanish-Speaking Community; Company's Methods Are Featured and Explained on News Program DNAPrint Genomics, Inc. (OTCBB: DNAG) today announced its continuing assistance to the Mammoth Lakes Police Department as Dr. Hector Gomez, DNAPrint Chairman and Chief Medical Officer, joined in a special outreach to the Spanish-speaking community in further attempts to find the killer of a woman whose ethnicity was definitively established by the Company's proprietary DNAWitness™ product.
Dr. Gomez was featured in a segment of the Univision network program "Aqui Y Ahora" on Thursday, January 18, as he documented the Company's role in the Mammoth Lakes murder case and explained how the ethnicity of the dead woman was identified using DNAPrint's product.
"I was pleased to take part in this outreach to the Spanish-speaking community as a demonstration of DNAPrint's ongoing commitment to the Mammoth Lakes Police Department and to law enforcement agencies in general," Dr. Gomez said. "DNAPrint's support does not end with the taking of samples and the delivery of a report. The Company will assist law enforcement agencies in any way possible to identify suspects and bring them to justice, and this includes reaching out to the media."
DNAPrint's role has been crucial from the beginning, according to Sgt. Paul Dostie of the Mammoth Lakes Police Department. "(DNAPrint's involvement) completely turned our investigation around and opened up a new world to us regarding DNA, in that none of the information DNAPrint provided us is available in any government-run crime lab," Sgt. Dostie said.
Police records in Mammoth Lakes, Calif., note that the remains of a woman were found outside the town in May 2003 and that a preliminary investigation showed that she had been murdered. The corpse was initially identified as the remains of a southeast Asian woman, but Mammoth Lakes police reports show that they used DNAPrint's DNAWitness™ 2.5 test to confirm the identification, and that the test contradicted the original finding. Instead, the test showed that the murder victim was 100% Native American.
"When I called the Mammoth Lakes PD to discuss the results, I'll never forget the response from Sgt. Dostie," said Dr. Matt Thomas, DNAPrint's Senior Scientist and Lab Manager. "He asked if I was really sure about the result, because the forensic anthropologist identified her as probably Asian. I assured him that our test results were accurate, and suggested other independent testing that could corroborate our findings. In addition, DNAPrint performed a number of blind samples from Native American and Hispanic groups that Sgt. Dostie collected, all of which were properly identified."
The Mammoth Lakes PD sent hair, bone and mtDNA samples from this case to other experts. The work on these samples has further refined the story in this case and has corroborated DNAPrint's initial results.
"There is solid evidence that DNAPrint's identification kits, when teamed with the Company's extensive ancestry database, are second to none in forensic accuracy," stated DNAPrint President and Chief Executive Officer Richard J. Gabriel. "Investigative agencies from all over the globe, including the FBI with cases in California and Louisiana, and New Scotland Yard in the case of the Minstead Rapist, have relied on our products and our technical support as they attempt to crack difficult cases. DNAPrint stands ready to assist Sgt. Dostie and his colleagues worldwide in solving these heinous crimes."
The Native American woman's description and a police artist's reconstruction of her face were immediately distributed to the media. Mammoth Lakes authorities also contacted the Univision television network. Dr. Gomez, whose native language is Spanish, also responded to a call for assistance in explaining the technology.
"One goal of the investigation was to bring media exposure to the case, specifically Spanish language media," Dr. Thomas said. "A testament to Sgt. Dostie's tenacity in this case has been all the independent and innovative testing he has pulled together, which corroborated our original findings and, better yet, has provided him some very good investigative leads."
The investigation continues, Dr. Thomas said.
DNAWitness™ employs patent-pending, database-driven methods to infer elements of physical appearance from crime scene DNA and to allow forensic investigators to "paint" molecular portraits of a suspect. This innovative forensic technology has already been used in some 150 cases, including the arrest and conviction of Derrick Todd Lee for a series of murders in Louisiana and in New Scotland Yard's search for the so-called Minstead Rapist, a serial sex offender who is operating in an area south of London.
DNAWitness™ determines the percentage of European, East Asian, Native American, and Sub-Saharan African markers in a person's DNA. This ratio for an individual is termed Bio-Geographical Ancestry (BGA), representing general characteristics that can be matched with a searchable database containing information and photographs collected from samples around the world, leading to more accurate determinations of criminal perpetrators.
Retinome™ 2.0 can be combined with the DNAWitness™ product to determine a person's eye color. The Company's patent-pending technology identifies additional markers covering newly identified and informative regions of the human pigmentation gene OCA2. The Company has also developed a Retinome 2.0 capillary electrophoresis kit, which permits investigators to test Retinome 2.0 in their own laboratories, obviating the need to ship their samples to DNAPrint (though that option is still available).
DNAPrint also is able to perform tests for mitochondrial and Y DNA trace samples or mixtures. DNAPrint and its wholly owned subsidiary Trace Genetics have the largest volunteer Native American databases of DNA.
About DNAPrint Genomics, Inc.
DNAPrint Genomics, Inc. (www.dnaprint.com) is a developer of genomics-based products and services in two primary markets: biomedical and forensics. DNAPrint Pharmaceuticals, Inc., a wholly owned subsidiary, develops diagnostic tests and theranostic products (drug/test combinations) using the Company's proprietary ancestry-informed genetic marker studies combined with proprietary computational modeling technology. Computational Biology and Pharmacogenomics services are also offered externally to biopharmaceutical companies. The Company's first theranostic product is PT-401, a "Super EPO" (erythropoietin) dimer protein drug for treatment of anemia in renal dialysis patients (with end stage renal disease). Preclinical and clinical development of all the Company's drug candidates will benefit from simulated pre-trials to design actual trials better and are targeted to patients with genetic profiles indicating their propensity to have the best clinical responses. DNAPrint is proud of its continued dedication to developing and supplying new technological advances in law enforcement and consumer ancestry heritage interests. Please refer to www.dnaprint.com for information on law enforcement and consumer applications which include DNAWITNESS™, RETINOME™, ANCESTRYbyDNA™ and EURO-DNA™. DNAWitness-Y and DNAWitness-Mito are two tests offered by the Company. The results from these tests may be used as identification tools when a DNA sample is deteriorated or compromised or other DNA testing fails to yield acceptable results.
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, but not limited to, uncertainties relating to technologies, product development, manufacturing, market acceptance, cost and pricing of DNAPrint's products, dependence on collaborations and partners, regulatory approvals, competition, intellectual property of others, and patent protection and litigation. DNAPrint Genomics, Inc. expressly disclaims any obligation or undertaking, except as may be required by applicable law or regulation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in DNAPrint's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based.
Source: Market Wire (January 29, 2007 - 7:00 AM EST)
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PPTI (.14)Signs Materials Transfer Agreement With University of Arizona 1/29/2007
SAN DIEGO, CA, Jan 29, 2007 (MARKET WIRE via COMTEX News Network) -- Protein Polymer Technologies, Inc. (OTCBB: PPTI), a biotechnology device company that is a pioneer in protein design and synthesis, today announced that they have entered into a Materials Transfer Agreement with the University of Arizona. Under this agreement, PPTI will provide genetically engineered protein polymers to the University of Arizona Department of Aerospace and Mechanical Engineering.
The University of Arizona plans to design, fabricate and test the properties of protein-based biomaterials and scaffolds for applications in tissue engineering and regenerative medicine using PPTI's protein polymers.
Under the agreement, if an invention is realized, PPTI will have the first option to negotiate a worldwide exclusive or non-exclusive royalty-bearing license agreement to the University's inventions or joint inventions enabled by the use of PPTI's protein polymers.
"Providing the materials for testing to the University of Arizona aligns perfectly with our strategy to develop partnerships that will take the products of our research and development to a new level of design and testing in a variety of applications," said William N. Plamondon, CEO of PPTI.
About Protein Polymer Technologies, Inc.
Protein Polymer Technologies, Inc. is a biotechnology company that discovers and develops innovative therapeutic devices to improve medical and surgical outcomes. The Company focuses on developing technology and products to be used for soft tissue augmentation, tissue adhesives and sealants, wound healing support and drug delivery devices. Protein Polymer Technologies' proprietary protein-based biomaterials are uniquely tailored to optimize clinical performance and contain no human or animal components that could potentially transmit or cause disease. The company is headquartered in San Diego, California. For additional information about the company, please visit www.ppti.com.
To date, PPTI has been issued twenty-six U.S. Patents on its core technology with corresponding issued and pending patents in key international markets.
This press release contains forward-looking statements that are based on management's views and expectations. Actual results could differ materially from those expressed here; further, the Company is not obligated to comment specifically on those differences. Risks associated with the Company's activities include raising adequate capital to continue operations, scientific and product development uncertainties, competitive products and approaches, continuing collaborative partnership interest and funding, regulatory testing and approvals, and manufacturing scale up. The reader is encouraged to refer to the Company's 2004 Annual Report Form 10-KSB, and 10KSB/A and other recent filings with the Securities and Exchange Commission, copies of which are available from the Company, to further ascertain the risks associated with the above statements.
Investor/Media Contact: Erin Davis (858) 558-6064 x 120 Protein Polymer Technologies, Inc.
SOURCE: Protein Polymer Technologies, Inc.
Copyright 2007 Market Wire, All rights reserved.
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BKYI (.29) Awarded Over $320,000 in Additional Contracts from Oklahoma Public Safety Agencies Oklahoma Highway Patrol contract allows for state wide law enforcement interoperability
WALL, N.J., Jan. 29 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification and wireless public safety solutions, announced today that it has received new mobile wireless awards from Oklahoma Highway Patrol and Stillwater (OK) Police Department law enforcement agencies totaling more than $320,000. Implementation of the BIO-key mobile wireless software applications will significantly increase intra-agency communications and cooperation in the greater Oklahoma City area and throughout the state.
The Oklahoma Highway Patrol and Stillwater Police Department have committed to 400 new MobileCop(TM) and PocketCop(R) clients. These mobile units will be served through a switch located at the Oklahoma County Sheriff's Office. Additionally, having this switch strategically placed will enable these two new BIO-key accounts to seamlessly communicate with seven other local agencies, all of whom are existing BIO-key customers. With the BIO-key software, these agencies will be able to share information across a common platform as well as to directly query local, state and federal databases. These organizations, in aggregate, protect well over 500,000 people in the Oklahoma City region with over 1,100 sworn law enforcement personnel.
The value of agencies sharing information on the BIO-key platform has been proven in other states such as California, Maryland, Massachusetts and New Jersey. Oklahoma law enforcement personnel will benefit from mutual officer back-up and rapid data access providing a higher level of safety for citizens and officers alike.
According to Oklahoma County Sheriff John Whetsel, 'The BIO-key mobile data system has proven to be dependable when it comes to communicating within my agency. Expansion of the system will lead to increased interoperability between the Oklahoma County Sheriff's Office and the many law enforcement agencies we communicate with.'
'BIO-key continues to support the DHS interoperability initiative and the addition of almost 400 Oklahoma Highway Patrol units enables intra-agency cooperation statewide. This contract will take information sharing there to a new level,' said Ken Souza, BIO-key's Law Enforcement Division General Manager.
About BIO-key
BIO-key develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, government and private sector customers. BIO-key mobile wireless technology provides first responders with critical, reliable, real-time data and images from local, state and national databases. The company's high-performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise data to improve security, convenience and privacy and to reduce identity theft. Over 2,500 police, fire and emergency services departments in North America use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless solutions for public safety worldwide. (http://www.bio-key.com)
BIO-key Safe Harbor Statement
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. The words 'estimate,' 'project,' 'intends,' 'expects,' 'believes' and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the 'safe-harbor' provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, see 'Risk Factors' in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
For more information contact: Julie Garand 508-460-4036 julie.garand*bio-key.com
SOURCE BIO-key International, Inc.
Source: PR Newswire (January 29, 2007 - 7:01 AM EST)
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SLXI (.0006) Product Testing in Israel to Begin Late February
MONTREAL -- (MARKET WIRE) -- January 29, 2007 -- Satelinx (PINKSHEETS: SLXI) will be sending 50 Tracking units to Israel for testing purposes in late February.
"We will be supplying our potential new client in Israel with 25 GPS vehicle tracking units and 25 GPS personal tracking units along with our tracking software to commence a 90-day test trial. We are confidant that our product line will prove to be effective and positive, and will lead to a successful venture in Israel. Upon successful completion of the trial period, our Israeli distributor will place an initial order valuing over one million dollars," stated Sam Grinfeld, Chairman of the Board of Satelinx.
About Satelinx
Satelinx International Inc. provides satellite vehicle tracking units that integrate GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, including forecasts of market growth, future revenue, benefits of the proposed merger, and expectations that the merger will be accretive to Satelinx's results and other matters that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating merged businesses; uncertainties as to the timing of the merger; approval of the transaction by the stockholders of the companies; the satisfaction of closing conditions to the transaction, including the receipt of regulatory approvals; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the proposed merger; and whether the companies can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Satelinx undertakes no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.
Contact Sam Grinfeld 514-332-2523
SOURCE: Satelinx International Inc.
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HBSC (.125) Strengthens Management Team - Appoints COO and Financial Advisor for Ethanol Projects
(OTCBB: HBSC) - Human BioSystems ("HBS") announced today that HBS BioEnergy ("HBSE"), a wholly owned subsidiary of HBS, has strengthened its management team by enlisting the services of two veteran bio-fuels professionals.
Mr. Claude Luster III, President and Primary Technologist of HBS BioEnergy has appointed Mr. Michael Schnepp as HBSE's Chief Operating Officer. "Mr. Schnepp has worked in the ethanol and biodiesel industry for the past 21 years in project development, production management, maintenance and construction, operations, operator training and plant start-ups for 6 ethanol facilities," stated Mr. Luster. "He brings a wealth of direct experience and knowledge in analyzing, building and managing bio-fuels plants that should have a direct contribution and impact on our projects," continued Mr. Luster.
Some of Mr. Schnepp's accomplishments include the following:
1. Assisted with the development of an 80 million gallon/year ethanol facility in the Pacific Northwest and a 15 million gallon/year ethanol facility in British Columbia.
2. Co-founded an 80 million gallon/year ethanol facility in Clatskanie, Oregon which involved site evaluation, and site selection.
3. Responsible for relocating a 30 million gallon/year ethanol facility in Jasper, Tennessee to Hasting, Nebraska which involved numerous logistics and technical issues.
4. Provided consulting services to owners, managers and constructors of renewable energy projects.
HBS BioEnergy also contracted the services of Mr. Thomas Byrne as its Financial Advisor through his own consulting firm of Byrne & Company Limited, which assists companies with their project and organizational requirements. Mr. Byrne has been engaged by HBSE to develop financial models and business plans for bio-fuels projects that HBSE considers viable.
Mr. Byrne has completed numerous financial models and business plans for ethanol and bio-fuels projects that have received funding. He is a Certified Public Accountant, a Certified Economic Development Financing Professional and holds memberships in a number of professional organizations including the Renewable Fuels Association.
"The fuel ethanol and biodiesel market in the U.S. is currently limited only by the supply of available product," stated Mr. Luster. Approximately 5 billion gallons of ethanol were produced in the U.S. in 2006. The Renewable Fuels Standard (RFS) which was established under the Energy Policy Act of 2005, calls for 7 billion gallons per year of ethanol and bio-diesel combined by 2012.
Under the proposed Biofuels Security Act of 2007, an amplified RFS benchmark of 30 billion gallons per year by 2020 and 60 billion gallons per year by 2030 for ethanol and biodiesel use has been set.
"This can be a significant opportunity for us if we can take advantage of the increasing use of biofuels" concluded Mr. Luster.
HBS BioEnergy is planning to develop potential sites to produce ethanol and biodiesel fuels for the U.S. market. The company has offices in Fresno, California.
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 on 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: Market Wire (January 29, 2007 - 7:01 AM EST)
Platinum Group Metals and Other Precious Metals Discovered On Sierra Gold Corporation's Property
TORONTO, Jan. 29, 2007 (PRIME NEWSWIRE) -- U.S. Mining Engineer, Mike Manke, reported the presence of platinum group metals as well as other precious and rare earth metals from bulk samples tested as a result of geological work done on the Pampana North property. Sierra Gold (Pink Sheets:SGCP) has validated some of the findings of Mr. Manke from bulk samples tested at SGS Laboratories (Toronto,Canada) in 2005, which show the presence of platinum group metals. More samples collected in December, 2006 are presently being tested for a full spectrum analysis of precious metals by SGS Laboratories with results soon to be available.
Sierra Gold's geological team will return to the Pampana North property this week to investigate and further explore the presence of precious metals. The team will plan a program to more clearly define and develop the property, which will include a drill program in conjunction with trenching.
Because the company needs to do more extensive testing to determine the value of the potential precious metals, the value per share of $7.42 given on December 13, 2006 only pertains to the placer gold deposits on the property. The value of gold reserves is $588,404,000 and with 79,031,973 shares outstanding, the gold reserves have a per share value of $7.42 before calculating the costs of extraction.
Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The company will continue to conduct extensive research and development of high quality mineral exploration projects.
Safe Harbor
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbour created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
CONTACT: Sierra Gold Corporation Jeremy Hunt, Corporation Consultant (304) 523-3980 jhunt*invstrategies.com www.sierragoldcorp.com
Source: PrimeZone (January 29, 2007 - 7:01 AM EST)
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UDTT (.0056) Universal Detection Technology's E-Commerce Store Featured on US Department of Commerce's Website in Israel Monday January 29, 7:28 am ET
LOS ANGELES, CA--(MARKET WIRE)--Jan 29, 2007 -- Universal Detection Technology (www.udetection.com) (OTC BB:UDTT.OB - News), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, announced today that its e-commerce store has been added to DOC's Commercial Service's website in Israel as a featured US exporter. UDTT has developed a technology for real-time detection of bacterial spores such as anthrax in the air with NASA's JPL. The Company believes that its spore detection device, BSM-2000, can be used as an effective first line of defense against potential bio-terrorist attacks. UDTT uses the services of the Commercial Service to market its bio-terror detectors and training references internationally.
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GLXI (.055) Announces Progress in Acquisition of 222 Uranium Mining Claims in Northern Quebec
Canada NewsWire "All News "
Appoints Mr. Jean Claude Detinger as Lead Project Manager
NEW YORK, Jan. 29 /CNW/ - Globex, Inc. (GLXI: Pink Sheets), today announced that the contract process has begun in regards to the acquisition of 222 Uranium Mining Claims announced last week and located in the 24L01 area adjacent to the existing "Uranor Inc" exploitation premises, in Northern Quebec, Canada.
Globex also announced that it has appointed Mr. Jean Claude Detinger as Lead Project Manager of the operations team, and has nominated him to the Company's Board of Directors. Mr. Detinger is a well known and renowned prospector with a track record of over 30 years of experience in the mining industry in North America and Europe. Mr. Detinger stated: "This is a great opportunity for me and based on my evaluation of the acquired territory and available past reports, I believe our team of expert uranium geologists will soon be able to confirm the promising results that we originally envisioned." Globex is proud to welcome Mr. Detinger to our team.
Globex's newly-formed operations team is working diligently to ensure the timely commencement of the drilling program at the Uranium Project site and to launch a new Corporate Web site. The team's goal is to sustain and enhance the recent positive momentum generated by the Company. In addition, Globex will soon confirm the hiring of 2 specialized uranium geologists and a third expert that the Company is currently negotiating with.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*umining.com
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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EFSF (.34) Announces Addition of Internet Retailers CVS.com, Amazon.com and drugstore.com to Expanding List of Cinnergen(TM) Retail Distributors
Business Wire "US Press Releases "
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
eFoodSafety.com, Inc. (OTCBB:EFSF), a Company dedicated to improving health conditions around the world through innovative products and technologies, today announced that CVS.com, Amazon.com, and drugstore.com are now carrying Cinnergen(TM), the Company's all natural, liquid nutritional supplement designed to regulate blood sugar.
CVS.com (www.cvs.com) offers prescription and non-prescription drugs for in-store pickup or home delivery, home medical supplies, CVS store items and online exclusives. CVS.com is the official website for CVS/pharmacy, America's largest retail pharmacy, operating more than 6,200 retail and specialty pharmacy stores in 43 states and the District of Columbia.
Amazon.com (NASDAQ:AMZN), www.amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's biggest selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
drugstore.com (www.drugstore.com) is a leading online drugstore and information site for health, beauty, wellness, personal care, and pharmacy products. The drugstore.com online store provides a convenient, private, and informative shopping experience that encourages consumers to buy products essential to healthy everyday living.
Patricia Gruden, President and CEO of eFoodSafety.com, Inc., stated, "We are pleased to announce that our internet presence is growing through the addition of these three prominent and respected internet retailers. We are confident this initiative will lead to increased sales of the product in coming months. We again remain firmly committed to our goal of having this clinically-proven and effective product in over 20,000 retail locations by year's end."
About eFoodSafety.com, Inc.
eFoodSafety.com, Inc. is dedicated to improving health conditions around the world through its innovative technologies. The company's Knock-Out Technologies, Ltd. subsidiary has developed an environmentally safe sporicidal product formulated entirely of food-grade components that eradicates anthrax and a germicidal product, Citroxin (formerly named Big Six Plus) - EPA Reg. No. 82723-1 that kills six major bacteria: E-coli, Listeria, Pseudomonas, Salmonella, Staphylococcus, and Streptococcus, Avian Influenza, and Black Mold. The sporicidal product has completed its final efficacy laboratory study requisite for EPA registration. In the study, it eradicated both Clostridium Sporogenes and Bacillus Subtilis with 100% efficacy on both hard and porous surfaces. The company's MedElite, Inc. subsidiary distributes clinically proven products to physicians who then prescribe the products for their patients. It recently became the owner of the Talsyn(TM)-CI/bid Scar Cream, that has been clinically proven to facilitate and improve the appearance, redness and strength of scars (www.talsyn.com), as well as seven (7) other products in the Talsyn(TM) line. The Company is also owner of Cinnergen(TM), a clinically-studied, non-prescription liquid whole food nutritional supplement that promotes healthy glucose metabolism (www.cinnergen.com) and Cinnechol(TM), a new multi-faceted nutritional supplement specifically designed to naturally reduce total cholesterol levels without causing any side effects. The Company has entered into a joint venture agreement with CK41 Direct, Inc. to launch the PurEffect(TM) anti-acne skin care system.
Statements contained in this release that are not strictly historical are "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. The forward-looking statements are made based on information available as of the date hereof, and the Company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause the Company's actual results to differ materially from those in these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the Company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the Company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: eFoodSafety.com, Inc.
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PAIM (.0007) to Start Diamond Core Drilling on Binasan Gold Project-Operation Cagayan De Oro
Business Wire "US Press Releases "
MANILA, Philippines--(BUSINESS WIRE)--
Pearl Asian Mining Industries, Inc. with Stock SYMBOLS: U.S.A. (OTC:PAIM); Germany (XETRA:R1Z) and (Frankfurt:R1Z) announces that it is about to start diamond core drilling on Binasan Gold Project-Operation Cagayan de Oro (CDO). With the imminent end to a particularly severe 6-month wet season in the Philippines and the start of the dry season fast approaching, PAIM's Chief Geologist Regino Selvano reports that he is currently reviewing proposals from 3 companies specializing in diamond drilling for the Operation CDO - Binasan Gold Project as the next two months would be the ideal time to start diamond drilling activities. "Up to the present time, exploration activities involved sampling and geological mapping covering only 10 hectares (24 Acres) of the total 20 hectare (49 Acre) Binasan Gold Claim. We are targeting to start diamond drilling by end-February to early March 2007, to cover the entire 20-hectare (49 Acres) coverage area," states Chief Geologist Selvano.
A core drilling campaign is an important part of the overall geological exploration survey of any mineral deposit which assists one to gain a better insight to the geological structure and deposit type of an ore body. It will also be possible to establish quantitative and qualitative parameters of the gold deposits that may be present in the area by accurate sampling of the borehole cores retrieved during the drilling program. It is therefore essential that representative core samples be recovered. The drilling contractor is expected to perform the drilling and extraction work of continuous rock cores, according to the specifications detailed by Chief Geologist Selvano.
The exploration area in Binasan Mine Site, Iligan City, is host to the Himalyan Formation, which consists of metamorphic rock i.e. schist metamorphic grade from nearly undeformed to totally schistose. Continuous diamond core drilling using the wireline system is recommended. To reduce losses, at least double tube core barrels shall be employed in the exploration drill holes. In zones of soft rock formations, heavily fractured rock or clay altered rock formation, it is recommended to use triple tube split core barrels. In all cases, water flushing and cooling systems are to be employed. For the exploratory drillholes consisting of ten (10) boreholes, initial subsurface drill meterages of at least 1,000-meters with an average depth of 100 meters per borehole will be drilled. These will be located and marked in the field at the Binasan prospect by the newly hired Site Geologist Bartolome Apuan, who has had more than 15 years' field experience in various mine sites.
Detailed records of the drilling progress will be kept by the contractor in a daily log giving information on all particulars of the drilling, and reported to Pearl Asian. Results of the drilling activity will then be analyzed, using 3-Dimensional Imaging Software to obtain an actual orientation of the ore body.
Meanwhile, aggressive exploration for new mine projects is in full swing, to ensure continued good revenue prospects for the company. Five (5) abandoned mines are currently being evaluated by a Team headed by VP-Business Dev. & IRO Gary Gotanco. Documentary evaluation has been completed on these, and ocular inspection/ore sampling has been done on one very promising mine site by Engineer Gotanco accompanied by Chief Geologist Selvano and newly hired Field Geologist Arlene Aguila. Ocular inspections are scheduled on the other prospects in the next few weeks as well. Once the initial feasibility report has been completed, projects will then be endorsed to the Detailed Exploration Team headed by VP-COO Ricardo Bernardo. "In addition to the five mines being studied, new joint venture proposals are being accepted, at a rate of at least 3 projects a week, which just shows the huge untapped mining potential in the Philippines," adds Engineer Gotanco.
FORWARD STATEMENTS:
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Pearl Asian Mining Industries Inc.
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ISYX (.0004) Receives Contract To Install ResortLynx(TM) and WiFiLynx(TM) at The Tahitian Resort in Florida
Business Wire "US Press Releases "
ALPHARETTA, Ga.--(BUSINESS WIRE)--
Insystcom, Inc. (Pink Sheets: ISYX), a firm that provides interactive entertainment solutions and WiFi to the Hotel and Resort industries, today announced the reception of a contract for the installation of ResortLynx(TM) and WiFiLynx(TM) at the Tahitian Resort located in Holiday, Florida. Located directly on the Gulf of Mexico on Treasure Island's beautiful white sandy beach, the resort features a mix of 100, one and Two Bedroom Apartments, Suites, Efficiencies and Standard rooms.
"The Tahitian Resort joins a growing list of Hospitality Properties in Florida who are choosing ResortLynx(TM) and WiFiLynx(TM) to meet their video and wireless guest services," said Wil Riner, CEO of Insystcom, Inc. "The recently announced joint venture with Artist's Confederacy plays an important part in these. High speed delivery of online content is already occurring in today's communication and entertainment systems as TV sets and PCs begin to merge," he continued.
About the Tahitian Resort
The Tahitian Resort boasts a beautiful and tranquil seventy-five foot heated swimming pool, set in a tropical landscape with palms, flowers and plants. The town of Tarpon Springs is a historic town of Greek origin called the Sponge Capital of the World. Shop in the open air market of distinctive and quaint shops and enjoy different dining experiences. Watch local divers collect sponges. Bike, walk, roller blade or run the Pinellas Trail, a forty-two mile paved, scenic trail. Drive to a different beach every day or rent a Ski-Doo or boat and explore the beauty by water. Just thirty minutes to the east is Tampa and Busch Gardens, thirty minutes south is Clearwater and just forty-five minutes north is Weekie Wachee. The hotel is three miles from Lake Tarpon. Please visit www.tahitianresort.com for more information.
About Insystcom, Inc.
Insystcom, Inc. provides interactive entertainment and communication solutions to the luxury resort, hotel, timeshare and education markets. ResortLynx(TM) delivers Video on Demand at MPEG2 and MPEG4 encoded rates, high speed internet access (HSIA) to the room/suite TV screen, WiFi to the guest Notebook and Mobile TV to cell phones, PDAs and Pocket PCs. The use of ADSL as transport for ResortLynx(TM) allows high video data rates combined with ease of installation since existing telephone cabling is used. The use of ResortLynx(TM) in thousands of suites & rooms prove the success of this unique technology combination. The ComLynx(TM) Server delivers the ResortLynx(TM) system. Please visit the company website at www.insystcom.com.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "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 forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: Insystcom, Inc.
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ICBM (.023) acquires 40% OF DNA Distribution makers of Go-Ji Plus nutritional beverage
PR Newswire "US Press Releases "
MONTREAL, QC and New York, NY, Jan. 29 /PRNewswire-FirstCall/ - ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development , financial and management consulting firm located in Montreal, Quebec , Canada, announced today that it has acquired 40% ownership of DNA Distribution Inc. makers of the Go-Ji Plus nutritional beverage line.
DNA is a Canadian based company that produces a high quality line of nutritional beverages. DNA currently manufactures their beverages in the U.S. with distribution for the U.S. and Canadian markets.
DNA's Goji Plus is loaded with antioxidants which mop up free radicals before they can do damage to healthy cells. Additionally, Goji also contains polysaccharides which boost the bodies production of human growth hormone which in turn, helps to build toned muscles and repair skin cells.
Goji Plus has been formulated to include a blend of the highest antioxidant fruits and berries in the world. Unlike other health beverages on the market today, Goji Plus does not contain "junk juices" or fillers such as apple, pear, and white grape, which are high in sugar content but low in nutrient value. Goji Plus works synergistically. This means that the blending of these juices (Goji berry, Acai berry, Camu Camu , Pomegranate, Raspberry, and Papaya puree) have more antioxidant activity than each individual juice would have on its own. We believe Goji Plus cocktail is the most nutritionally dense beverage on the market today, designed to contribute substantially to your health and longevity.
The company is forecasting North American sales of 2.5 million for 2007 with a 22% EBT.
Currently DNA is moving into the European market and is expected to announce new market distribution within the coming months. European sales are projected at 5.8 million by 2009.
"Joining with ICBS as partners will enable us to move the company to the next level and beyond" said DNA Distributions, President Anna Tiseo " We are looking forward to working with the ICBS team" said Vice President Antoinette Tiseo.
"ICBS is very excited about the Go-Ji product and sees hugh growth potential" announced Garth McIntosh, President and CEO of ICBS , " we are always on the look out for new and exciting opportunities and we believe that the acquisition of DNA Distribution will add immensely to our plans in the food and beverage industry."
NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents.
SOURCE ICBS Limited
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WTVI (.0029) Unlimited Free and Equal Wi-Fi TV Station Time for 2008 Presidential Candidates as Wi-Fi TV Increases Viewers
Market Wire "US Press Releases "
WASHINGTON, DC -- (MARKET WIRE) -- 01/29/07 -- Leveling criticism at traditional TV coverage of Presidential campaigns, and assailing the high cost of political advertising, Wi-Fi TV Inc.'s (PINKSHEETS: WTVI) Chairman announced an innovative plan which will provide voters with a new kind of Presidential campaign coverage.
"Wi-Fi TV(TM) Inc., with the launch of its new live interactive TV platform on February 19 (www.Wi-FiTV.com), is giving each Presidential candidate the opportunity to have their own Wi-Fi TV Station, with the content 100% controlled by the candidate. There will be no cost to the candidate, there will be complete equality for the space given to the candidates, and the content can be replicated from the campaign's official web site, created expressly for Wi-Fi TV, or be any combination of video, ads, webcasts or ****s that the campaign desires. All content will be prerecorded, except that Wi-Fi TV will also allow equal time for a limited series of live webcasts preceding the election in November 2008," Wi-Fi TV Inc. Chairman Alex Kanakaris announced today.
"Traditional network and cable TV spends a lot of time on nonsense, like what clothes and makeup a candidate is wearing, and very little time on the substance of issues. In addition, the cost of buying ad space on TV is costly.
"Thanks to Social Internet TV(TM) pioneered by Wi-Fi TV(TM), which now offers over 450 live stations over the Internet, and the Wi-Fi TV Station program, candidates can tell their story without interruption and biased commentary and without cost for the airtime," Mr. Kanakaris concluded.
"Wi-Fi TV expects to increase its free memberships and number of total viewers as a result of providing this unlimited and unbiased coverage of the 2008 Presidential race," Mr. Kanakaris concluded.
For further information on Wi-Fi TV Station plan for the 2008 Presidential campaign, email info*wi-fitv.com or call 949-716-9397.
Wi-Fi TV will use standardized criteria to determine the merits of whether a Presidential candidate qualifies for the free Wi-Fi TV Station.
Candidates in all other campaigns, statewide and local, can purchase a Wi-Fi TV Station for $25,000, and various finance plans are available.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
Ownership of Wi-Fi TV Stations is available at $25,000 (full details are on the web site www.Wi-FiTV.com). Several financing options are available.
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Press Relations
Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-FI TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
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GZFX (.0012) Offers Movie Downloads From Its Video On Demand Website GNFDigital.com
Market Wire "US Press Releases "
FRANKLIN, KY -- (MARKET WIRE) -- 01/29/07 -- GameZnFlix, Inc. (OTCBB: GZFX), an online provider of video games and DVD movies for rent or purchase, has launched www.gnfdigital.com, an online video on demand (VOD) storefront that offers movies and other premium video programs by secure download.
John Fleming, GameZnFlix CEO, stated, "As our game and movie rental service continues to grow, GameZnFlix's research and development department has been working on the future of our industry, VOD, and now begins providing entertainment to consumers by use of digital download. This is a strategic move to expand our product line and reach more consumers, including those who have not yet subscribed to our core service."
The website www.gnfdigital.com has opened with its first 100 feature films for download-to-own, at $9.99 each. Additional titles will be added regularly, ranging from full-length movies to short films, documentaries, music instruction and other premium titles.
About GameZnFlix, Inc.
GameZnFlix is an online game and movie rental service that allows its subscribers to have access to over 50,000 titles. With memberships starting as low as $8.99, subscribers can rent both video games and DVD movies with no late fees or due dates. Membership also allows subscriber to purchase titles at a discounted rate. www.gameznflix.com
Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
CONTACT John Fleming GameZnFlix, Inc. Tel: (888) 542-6817 Ext 2 www.gameznflix.com
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USXP (.0028) Subsidiary MadPackers Acquires Smart Movers NEW YORK--(BUSINESS WIRE)--Universal Express Inc. (OTCBB: USXP), subsidiary MadPackers announced today the acquisition of Smart Movers, a leader in the college shipping industry. Based in the Boston area, Smart Movers has been in operation for over 11 years and services over 23 schools across the northeast. Smart Movers, through its 11-year tenure, has averaged over 3,500 students per year for its shipping and storage services.
“We are ecstatic to join forces with Smart Movers’ management and combine our Spring and Fall semester marketing plans,” stated Brian Altomare, President of MadPackers. “Smart Movers and its management along with Universal Express logistics and customer service will ensure MadPackers grows exponentially this year.”
The acquisition creates one of the largest college shipping companies in the country. The merger brings MadPackers great presence in Boston, one of the largest areas in the country for college and university campuses.
“After meeting several times with Universal Express and MadPackers executives, I know I’ve joined the right team at the right time,” said Larry Byron, President of Smart Movers. “Their infrastructure allows us to service any customer anywhere in the United States.”
“In my 11 years of experience, never before has there been a college shipping company that could service every university and college and still be profitable. MadPackers allows for enormous growth over the next 2 years. Its free box kits, exceptionable customer service, experienced operations and logistics team, and youthful and smart image is going to make MadPackers a household name, and I’m glad to be onboard for the ride,” Continued Mr. Byron.
The acquisition of Smart Movers will give MadPackers additional offices in Massachusetts, expanding its already existing operations in Florida and New York City. The MadPackers “Door to Dorm” Concert series will also make its finale’ in Massachusetts this coming spring.
“We now have a presence in one of the largest concentrated areas for colleges and students anywhere in the United States,” said Chris Moreschi, Director of Marketing for MadPackers. “I’m confident we will be able to brand our message of MadPackers’ shipping service to everyone who is college bound this year,” concluded Mr. Moreschi.
About Universal Express
Universal Express, Inc. is a 23 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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TGVI (.0006) Expands Line of All Natural Products
PrimeZone "PrimeZone "
ATLANTA, Jan. 29, 2007 (PRIME NEWSWIRE) -- TGC Ventures International (Pink Sheets:TGVI) announced the Company is in the process of adding a full line of all-natural products to their recently launched Asian marketing campaign. TGC Ventures Int., motivated by the worldwide growing interest in natural and homeopathic health products is considering increasing the line of products to be marketed from their Hong Kong based head office.
These additional products will be chosen based on consumer recognition and product demand. Currently the Company is marketing an all-natural psoriasis cream and a Anti-Aging Hyaluronic Acid.
Several products such as an arthritic joint relief remedy, digestive enzymes, anti-oxidant and a high potency immune building supplement with a unique propriety blend are being considered. The products will be produced for maximum effectiveness and be competitively priced.
TGC Ventures International Inc. is a medically related holding company that is targeting the burgeoning multi-trillion dollar Health Care Services and Medical Devices & Supplies Industry.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
CONTACT: TGC Ventures International Inc. Stanley Chiang, Chairman (404) 962-4421
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