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SSPE(.08) Announces LOI to Acquire Sports Radio SUN Moves Into Broadcast Media Jun 19, 2007 4:15:00 PM DALLAS, TX -- (MARKETWIRE) -- 06/19/07 -- SUN Sports and Entertainment (PINKSHEETS: SSPE) announced today that it has entered into a Letter of Intent to acquire Sports Radio Event Network, Inc. ("Sports Radio"), a private Nevada Corporation that provides in-stadium event broadcast services via radio broadcast to clients such as collegiate and professional sports leagues.
SUN's CEO CJ Comu stated, "This is a great opportunity for SUN to have Sports Radio provide its broadcast marketing services to the Mixed Martial Arts (MMA) events we produce. Utilizing Sports Radio's unique broadcast service, we can deliver exciting information at live events to our fans that want to hear the exciting play-by-play as well as become more versed in the vocabulary of this exciting sport. This innovative technology will allow our fans to get even closer to the action and hear the exciting commentary."
Sports Radio's event broadcast service provides live audio content over a multi-channel network that originates from live TV, cable, satellite, and radio programs over commemorative radios. The company also has the ability to produce and broadcast its own custom content. To date, Sports Radio has provided its service to more than 40 professional and collegiate sporting events for organizations such as the NFL, NBA, NHL, and NCAA.
Sports Radio VP of Marketing & Sales Ramon Perales stated, "SUN provides a great platform for our technology and more marketing opportunities in this growing space. We feel there are many great sponsors and advertisers that want to reach the 18-30 male audience, and even more that want to be a part of the growing MMA (Mixed Martial Arts) Sport."
In the future, Sports Radio also intends on broadcasting live-data feeds on a new type of radio receiver utilizing new Radio Frequency (RF) technologies enabling a feature enhanced event broadcasting service. Anticipated new features include a handheld digital billboard, sports trivia, player statistics, and other event driven live-data feeds.
About Sports Radio:
Sports Radio, formerly Global Radio, provides in-stadium event broadcasting services over a multi-channel network that originates from live TV, cable, satellite, and radio programs to commemorative radios. Sports Radio has provided its service to more than 40 professional and collegiate sporting events for organizations such as the NFL, NBA, NHL, and NCAA.
About SUN:
SUN is a Professional Sports & Entertainment Marketing Company. SUN Production Group is a Certified Texas Combat Sports Promoter and produces World Class Boxing and Mixed Martial Arts. The properties of SUN (www.sunorganization.com), Art of War (www.artofwarlive.com) and International Fighters Association (www.ifapro.com) are pending trademarks.
Safe Harbor Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sun Sports & Entertainment Inc. do not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact: CJ Comu Chairman/CEO SUN Sports & Entertainment Inc. Office: 972.392.1414 cj*sunorganization.com
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AFHD(.03) Announces New Flavors Jun 19, 2007 4:10:00 PM MACOMB, MI -- (MARKETWIRE) -- 06/19/07 -- American Food Holdings, Inc. (PINKSHEETS: AFHD) is proud to announce several new flavors of Beef Jerky, now available in Cinnamon, Cajun, Fajita, Taco and Coffee. These are added to our already favorite flavor listings available. Our Beef Jerky is made from US farm raised beef, and never imported. "We also do not add any extra MSGs that some of our competitors tend to do. It is also conveniently packaged, anywhere from a single size serving, to a 1 pounder family size, resealable bag," stated President Dennis Reinhold.
American Food Holdings, Inc. manufactures and markets beef jerky and other snack foods under the Reinhold & Timko® Beef Snacks brand name. The Company's jerky product line includes items made from premium cuts of beef, chicken and turkey. American Food supplies products to more than 300 distributors across the U.S.
The Company's meat products are USDA inspected and seasoned with a blend of high quality natural spices and seasonings. These products are high in protein and low in fat, sugar and carbohydrate. American Food's meats don't contain added Monosodium Glutamate (MSG), an ingredient harmful to some consumers.
American Food Holdings, Inc. (PINKSHEETS: AFHD) is the parent company of Reinhold and Timko®, a company whose management has a combined 210 years of experience in the production of fine quality beef and meat snacks. AFHD's Reinhold & Timko® division has manufactured quality jerky and meat snacks in Michigan since 1983. In 1997, Reinhold & Timko® built a state-of-the-art 20,000 sq. ft. USDA-inspected facility capable of producing millions of pounds of snacks a year. The company currently distributes its quality snacks through company-owned and privately owned outlets as well as nationwide distributors. Expansion plans include opening new outlets, franchising and profitable food acquisitions.
Or visit our locations at:
COMING SOON Waterford, MI - 4225 Highland Rd.
Or visit our locations at:
Clinton Township, Mi (Bridge wood Commons) 39773 Garfield Rd. 1-586-228-7030 Marcy Shelby Township, MI (Woodmill Square) 50961 Hayes Rd. 1-586-532-1910 Dolores Shelby Township, MI (Vitale Plaza) 55136 Van Dyke Rd. 1-586-786-7407
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future events or revenues depend upon our ability to develop and supply products, which we may not produce today and that may need to meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
For corporate information, please contact us toll-free at: American Food Holdings, Inc. Dennis Reinhold President 1-800-545-9271 dennis*american-food.net
Investor Relations: Corporate Awareness Professionals, Inc. Hank Zemla President 586-228-2290 hank*capinc.net
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SHTP(.41) Announces National Launch of STR8UP Line of Shots
Business Wire "US Press Releases "
IRVINE, Calif.--(BUSINESS WIRE)--
Shotpak, Inc. (Pink Sheets:SHTP) announces the launch of their STR8UP line of premium distilled spirits which include Whiskey, Rum, Vodka and Tequila. This is a national launch precipitated by elite distributors nationwide.
STR8UP shots come from award-winning distillers in Canada, the Virgin Islands and Mexico, and are packaged in a revolutionary patented bottle-shaped, recyclable standup pouches. This unique design allows the product to stand up on its own, making it a forerunner in the industry.
Ignus Hattingh, CEO and Founder of Shotpak, Inc., stated, "Our patented design helps us to differentiate ourselves from the competition and to be trendsetters in the market. Our strong working relationships with our list of distinguished distributors will forge a place in the market for our products and our company. We are currently in five states and plan on being in seventeen by summer's end."
About Shotpak, Inc.:
Shotpak, Inc., an Irvine, California-based company, is a leading distiller and innovator of cocktails and straight spirits in soft, durable and recyclable portable standup pouches. With over 50 years of combined experience and expertise in alcohol distilling, distribution and field marketing, retail placement and promotion as well as consumer trial and adoption, they prove to be a forerunner in the single serve Ready to Drink (RTD) alcohol category. With the successful launch of four premium Vodka flavored drinks and four premium distilled spirits in January 2007, ShotPak is quickly gaining national attention in the rapidly emerging $110 billion plus alcohol beverage industry. They are recognized for being visionaries with their award-winning spirits.
Shotpak products are packaged in single serving, lightweight, break-resistant recyclable standup plastic pouches. Shotpak packaging is ideal for camping, boating, golfing, concerts, sporting events, or for anyone on-the-go. With plastic instead of glass Shotpak products provide a safe alternative for an active lifestyle. Shotpak, Inc. is immersed in a national roll-out through strategic distribution channels and is expected to be available to its target consumers in all geographic locations. For more information about Shotpak, Inc., please visit us at: www.shotpakinc.com.
Source: Shotpak, Inc.
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KNOS(.019) Enters Into Funding Agreement for Up to $18 Million in New Funding With An Initial Advance of $4.2 Million June 19, 2007 5:32 PM EDT BELMONT, Mass., (PRIME NEWSWIRE) -- Kronos Advanced Technologies, Inc. (OTCBB:KNOS) announced today that it has entered into a Funding Agreement with a group of lenders providing for a loan, at the discretion of the lenders, in the aggregate amount of up to $18,159,000. At the initial closing, the Company received an initial advance of $4,259,000. After payment in full of the amounts due under an outstanding convertible debenture issued to Cornell Capital Partners and settlement agreement obligation to HoMedics and the expenses of the transaction, the remainder, estimated at approximately $1.1 million, will be used for working capital purposes.
The new lenders are: (i) AirWorks Funding LLLP, a newly-formed limited partnership of which Compass Partners, L.L.C., a company controlled by Richard E. Perlman, serves as general partner. Mr. Perlman currently serves as Chairman of the Board of TurboChef Technologies, Inc., and from August 2000 until its sale in October 2003, served as Chairman of the Board of PracticeWorks, Inc.; (ii) Critical Capital Growth Fund, L.P. and various Sands Brothers Venture Funds, all of which are affiliates of Laidlaw and Co. (UK) Ltd. and (iii) RS Properties I LLC, a New York-based private investment company.
"We welcome the investment from our new financial partners, AirWorks Funding LLLP, RS Properties, Sands Brothers Venture Capital Funds, and Critical Capital Growth Fund, L.P., and recognize it as a strong vote of confidence in Kronos and its proprietary technologies," stated Daniel Dwight president and Chief Executive Officer of Kronos. "This funding will help us begin shifting our business model from licensing and development to product development and manufacturing. We believe that this funding will potentially enable the Company to successfully conclude negotiations with new customers that are targeting the residential marketplace. Certain of these prospective customers have been seeking Kronos' development and manufacturing of finished air purification products on their behalf, but have been concerned with Kronos' financial position."
The loan is secured by all of the Company's assets and is convertible into shares of the Company's common stock at a conversion price of $0.0028 per share, subject to adjustment under certain circumstances. Future installments under the Funding Agreement, up to $13.9 million, may be advanced at the discretion of the lenders, even if not requested by the Company. Under the Funding Agreement and related notes, the Company pays interest at the rate of 12% per annum. Of the total amount of the initial advance, interest is paid monthly starting July 1, 2007 on $859,000, which principal amount is due and payable December 31, 2007. Such amount may be converted into Kronos common stock at the option of the holder at the $0.0028 conversion price only if not paid in full by December 31, 2007. With respect to all other loan amounts, interest is paid quarterly starting January 1, 2008 and outstanding principal is due and payable June 19, 2010, unless earlier converted at the option of the lenders. Assuming payment when due of the $859,000, that the maximum loan amount is advanced under the Funding Agreement and related notes and that the lenders convert the entire amount of the loan into Kronos common stock at the noted conversion price, the lenders would own approximately 93.3% of the Company's total equity on a fully diluted, as converted basis.
Kronos' Board of Directors engaged an investment banking firm prior to the closing to render an opinion as to whether the transaction was fair to Kronos' stockholders. On June 18, 2007, such investment banking firm delivered its opinion to Kronos' Board of Directors to the effect that, as of that date and subject to the qualifications set forth in its opinion, the transaction was fair to Kronos' stockholders.
In connection with the transaction, Kronos' Board of Directors approved a new employee stock incentive plan with up to 100 million shares, options for 61 million of which were issued to certain executive officers and employees as of the closing of the Funding Agreement transaction.
Also in connection with the Funding Agreement, several Kronos option and warrant holders delivered standstill agreements pursuant to which such holders agreed not to exercise their options or warrants before December 31, 2007. Several stockholders also entered into Voting Agreements with the lenders pursuant to which they agreed to vote, if and when proposed to shareholders, in favor of: a slate of directors of the Company's board of directors as proposed by AirWorks; adjusting the size of the Company's board of directors such that upon the election of the slate of directors proposed by AirWorks, such directors hold a majority of the seats on the Company's board of directors; approving an amendment to the Company's articles of incorporation to increase the Company's authorized common stock to a number of shares necessary to allow the lenders to convert the entire amount of the financing into shares of common stock of the Company as provided in the Notes and the Funding Agreement; reincorporating the Company in Delaware; a reverse stock split proposed by AirWorks or the Company's board of directors; and against any action or transaction that may reasonably be expected to impede, interfere with, delay, postpone or attempt to discourage the consummation of any of the foregoing. Such standstill and voting agreements, combined with the conversion into Kronos common stock of a sufficient amount of the initial advance under the Funding Agreement, would give the lenders voting control of the Company.
The Funding Agreement also gives the lenders the right to designate a majority of the members of the Company's Board of Directors. Such right has not yet been exercised. The Funding Agreement also contains usual and customary representations and warranties and covenants that prohibit the Company from undertaking certain actions without the consent of AirWorks Funding LLLP.
About Kronos Advanced Technologies, Inc.
Through its wholly owned subsidiary, Kronos Air Technologies, Inc., Kronos Advanced Technologies has developed a new, proprietary air movement and purification system that utilizes state-of-the-art high voltage electronics and electrodes to silently move and clean air without any moving parts and with high energy efficiency. Kronos is actively commercializing its technology for standalone and embedded products across multiple residential, commercial, industrial and military markets. Kronos' technology is versatile, energy and cost efficient and exhibits multiple design attributes, creating a broad range of applications in large markets. The Company's business strategy includes a combination of building internal capabilities, establishing strategic alliances and structuring licensing arrangements. Kronos Advanced Technologies is headquartered in Belmont, MA. More information about Kronos Advanced Technologies is available at www.kronosati.com.
With the exception of historical information contained in this press release, this press release includes forward-looking statements and comments. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond the Company's control. Forward-looking statements, by their nature, involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above. The Company cautions that historical results are not necessarily indicative of the Company's future performance. Other risks are summarized under the caption "Certain Business Risk Factors" in the Company's Annual Report on Form 10-KSB for the year ended June 30, 2006 as filed with the Securities and Exchange Commission.
CONTACT: Kronos Advanced Technologies, Inc. Richard F. Tusing, Chief Operating Officer 617-364-5089
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NTLNF(.126) provides funding activity update Completes Series G restructuring; Closes Series K debentures June 19, 2007 - 4:30 PM TORONTO, June 19 /CNW/ - Northcore Technologies Inc. (TSX: NTI; OTCBB:NTLNF), a global provider of core asset solutions, announced today that it has successfully closed the transactions related to its Series G and Series K convertible notes funding activities. The company received subscriptions related to the financing on June 15 and on June 18.
Northcore has issued a new series of secured convertible debentures to existing holders of Series G notes, which matured on June 15, 2007. The new convertible notes, identified going forward as Series K, will pay holders 11 percent interest per annum over a two-year term and have an issued value of approximately $1.36 million.
Under the terms of the Series K notes, Northcore will make quarterly interest payments to holders through the issuance of common shares. Series K holders will be able to convert any or all of the principal amount of their debentures into common shares priced at $0.12 per share. Debentures will automatically convert into common shares, priced at $0.12 each, if Northcore's shares trade for $0.30 or more per share for a period of 10 consecutive trading days on the TSX. As per securities requirements, a hold period of four months and a day is in effect.
Northcore's board of directors considered the financing arrangements and unanimously passed a resolution approving the terms. Northcore has also received conditional approval from the TSX for the financing arrangements. Northcore's management felt that closing the private placement as soon as possible following its initial announcement was reasonable in the circumstances.
Approximately four percent of the restructured debt represents the reinvestment of company insiders. The insider portion of the private placement is exempt from the valuation and minority approval requirements of the OSC Rule 61-501 since the fair market value of the private placement is less than 25 percent of the market capitalization of the company.
As announced recently, Northcore will issue up to 2.99 million common shares towards an interest debt repayment of $449,000 related to Series G refinancing. Each share is priced at $0.15.
"With the close of the Series G and K transactions and new funding activities well underway, our efforts are focused on sustaining the revenue growth and expense-reduction trends that we have experienced since our relaunch as Northcore," Jeff Lymburner, CEO of Northcore Technologies Inc. said. "Over the second half of 2007, we anticipate accelerated deal flow and improved bottom-line performance consistent with recent results."
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About Northcore Technologies Inc.
---------------------------------
Northcore Technologies provides core asset solutions that help organizations source, manage and sell their capital equipment. Northcore works with a growing number of customers and partners in a variety of sectors including oil and gas, government, and financial services. Current customers include GE Commercial Finance, Paramount Resources and Trilogy Energy Trust.
Northcore owns a 50 percent interest in GE Asset Manager, a joint business venture with GE.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the Safe Harbor provisions of the U.S. federal securities laws. These include, among others, statements about expectations of future revenues, cash flows, and cash requirements. Forward-looking statements are subject to risks and uncertainties that may cause Northcore's ("the Company") results to differ materially from expectations. These risks include the Company's ability to raise additional funding, develop its business-to-business sales and operations, develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the Company's products and services, competitive factors, new products and technological changes, and other such risks as the Company may identify and discuss from time to time, including those risks disclosed in the Company's Form 20-F filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the Company's plans will be achieved.
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PAYD(.38) Professional Bull Riders Canada and Paid Inc. Celebrity Services Launch VIP Package Sales for PBR Canadian National Finals Canada NewsWire "All News " COLORADO SPRINGS, COLO. & CALGARY, ALBERTA, June 19 /CNW/ - Professional Bull Riders Canada (PBR Canada), a business of Professional Bull Riders, Inc., and Paid Inc.'s (OTCBB:PAYD) celebrity services have launched VIP ticket package sales for the three-day PBR ROCKY CUP CANADIAN NATIONAL FINALS PRESENTED BY DICKIES (PBR Rocky Cup Canadian National Finals) via www.PBRcanadaVIPtickets.com. The biggest bull riding event Canada has ever seen, takes place in Calgary, Alberta, November 16-18, 2007 at the Pengrowth Saddledome. The three-day event will feature the top 30 qualified riders from the PBR Canada standings and 10 of the top bull riders from the PBR's World standings as they battle it out with the rowdiest bulls in the industry.
"The PBR brand has led the industry in organizing and building the fan base for professional bull riding as a standalone sport enjoyed by millions of fans worldwide," said Jean Ryan, PBR VP, International Business. "We're dedicated to providing bull riding's fans in Canada with the best of the best in all areas of bull riding, and making every event a memorable one for the fans. We've reenlisted Paid celebrity services to assist us in developing such a program for our fans at the PBR Rocky Cup Canadian National Finals."
"We're excited to offer bull riding's fans VIP ticket packages for this world class championship event," said Kristen Kuliga, VP of Paid celebrity services. "Many fans want a much greater involvement than a standard ticket can provide. The VIP packages' exclusive behind-the-scenes and meet-the-stars opportunities make for an experience of a lifetime."
VIP ticket packages for ALL THREE DAYS of the Finals are on sale now via www.PBRcanadaVIPtickets.com. The incredible VIP packages include:
-- A behind-the-scenes tour of the chutes before the competition to see the world's most notorious rompin' stompin' bulls before the show even begins!
-- An exclusive VIP party before the competition with fellow die-hard fans
-- A special appearance by a top PBR Canada rider so fans can meet him in person!
-- A premium event ticket to see all the action --section 118.
-- A merchandise gift bag packed full of the hottest PBR gear.
-- Early access to the venue so VIPs can avoid the crowds and enjoy the ambiance.
A VIP ticket package costs $275 Canadian for a single night's activities or $750 Canadian for the VIP treatment for all three days of the event.
Fans also can add the VIP meet and greet, pre-show party and all the other perks to their existing event tickets for $175 per day.
The PBR Rocky Cup Canadian National Finals will be pumped with hair-raising pyrotechnics, rock & roll excitement and the non-stop thrill of "Bull Riding in the Round"...bulls exploding from bucking chutes at both ends of the Saddledome! The event will feature 40 of Canada's premier riders and is expected to attract 35,000 fans.
About PBR Canada:
The PBR opened an office in Calgary, Alberta in November of 2005. Beginning in 2006 the PBR has launched a series of at least forty events across Canada. Dollars earned at the Canadian events will count towards qualification to the PBR Canadian National Finals. The bull rider with the most money won at the end of year - combining regular season and finals earnings will be the one left standing at the top of the pack as the ultimate champion-PBR Canada National Champion.
Money won at all of the Canadian events is also recognized and counts toward qualification to the prestigious PBR Built Ford Tough World Finals presented by Wrangler held in Las Vegas. Upon the conclusion of the Canadian season, the top ranked rider will go on to compete and represent Canada at the PBR World Finals.
About PBR:
More than 100 million viewers tune in each year to the PBR on FOX, NBC, VERSUS and on a host of foreign networks across the globe. With approximately 500 hours of prime time programming annually PBR ranks among the most prolific sports on air, in addition to attracting over 1.5 million live event attendees each year with its multi-tiered event structure which includes the marquee Built Ford Tough Series presented by Wrangler, the U.S. Smokeless Tobacco Company Challenger Tour, the Enterprise Rent-A-Car Tour, and the Discovery Tour, designed specifically for entry level contestants. The PBR's governing board of directors is comprised of renowned bull riders who have developed the event into a stand alone sport which is experiencing unprecedented growth in global popularity. The PBR is headquartered in Colorado Springs, Colo., and has over 1,200 PBR bull riders compete in more than 300 PBR sanctioned competitions in the United States, Australia, Brazil, Canada, and Mexico. For further information, visit www.pbr.canada.com or www.pbrnow.com.
About Paid, Inc.:
Paid, Inc. operates a diversified set of businesses, including its celebrity services and AuctionInc ecommerce technology businesses. Using proprietary patent-pending technology, Paid's innovative AuctionInc brand shipping calculation and auction management software and services are utilized to streamline online auctions, ecommerce and web site development and hosting. Paid, Inc.'s celebrity services provides celebrities and organizations with official Web sites and fan club services that include e-commerce storefronts, ticketing and fan experience packages and web site content to attract tens of thousands of visitors daily, as detailed on its web site, www.paidcelebrity.com. The Company also sponsors autograph signing events and other sports marketing services for sports clientele. The Company's common stock is traded on the OTC Bulletin Board under the symbol PAYD. For further information, visit http://www.paid.com.
Forward Looking Statements:
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations, profitability, business development efforts, and expectations about celebrity programs and fan club activities, technologies, and services. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-QSB with the SEC.
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VYGO(.10) Hires Mazen Khatib to Head Distribution of Sovereign Oil Subsidiary June 19, 2007 - 5:42 PM HINSDALE, Ill., June 19, 2007 (PRIME NEWSWIRE) -- Voyager Petroleum, Inc. (OTCBB:VYGO) (Frankfurt:DXD) announced today the hiring of Mr. Mazen Khatib for the position of Vice President of Distribution of its wholly-owned subsidiary, Sovereign Oil, Inc. Mr. Khatib has over 20 years of experience in the marketing and distribution of petroleum products which include various grades of oil and anti-freeze. Prior to his employment with Sovereign, Mr. Khatib owned and managed various marketing and distribution companies with annual sales in excess of 5 million dollars.
Sebastien DuFort, Voyager Petroleum's President, commented, "We are elated to integrate Mr. Khatib's marketing skills with Sovereign's line of products." He continued, "We believe this is another step in building a strong management team as we expand the Company."
About Voyager Petroleum
Voyager Petroleum seeks to acquire reputable middle-market lubricant companies that blend, package, and distribute to the traditional automotive and manufacturing after market with established regional distribution channels and experienced management that would recognize increased revenue and significant cost savings from an injection of working capital, wider distribution, or vertical integration.
Forward-Looking Statements
This press release contains forward-looking statements, which represent the Company's expectations or beliefs, including, but not limited to, statements concerning plans, growth and strategies, which include, without limitation, statements preceded or followed by or that include the words may, will, expect, anticipate, intend, could, estimate, or continue or the negative or other variations thereof or comparable terminology. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. These statements by their nature involve substantial risks and uncertainties, some of which are beyond the Company's control, and actual results.
CONTACT: Voyager Petroleum, Inc. Investor Relations Inquiries Prominence Media Corporation Jelena Popovic 1.866.483.7772 vygo*prominencemediacorp.com
Summit Financial Partners, LLC Anthony D. Altavilla, President 317.218.0204
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PNTV(.20) Rated 'Speculative Buy' By Harbinger Research Players Network, your Las Vegas and Gambling Lifestyle Channel, announces that Harbinger Research LLC, an independent equity research firm, issued a research report today regarding Players Network (OTC Bulletin Board: PNTV.OB).
The Report provides a description of Players Network’s business, industry, product, strategy, management team, investment opportunities and risks. The Report includes a “Speculative Buy” research rating and a 12-18 month price target of $0.90 per share.
Harbinger Research is a quality-leading, New York-based independent equity research company that provides insightful, in-depth equity research coverage and informational reports for smaller U.S. traded companies and the individuals and institutions that invest in them.
Players Network is a Las Vegas based digital media network.
Players Network is a media, marketing and merchandising company focusing on Las Vegas and gaming lifestyles. It produces, distributes and markets original content about Las Vegas and gaming lifestyles across multiple platforms. These platforms include Players Network’s exclusive VOD channel on Comcast in thirteen-plus-million homes, broadcast, cable and specialty channel television, IPTV/broadband (Internet Protocol Television/broadband), iPods, cellular phones, hotel and resort in-room television, through worldwide television syndication and more. Players Network has a 10-year history of providing consumers and the gaming industry with quality gaming and Las Vegas lifestyle content with strategic partnership services in Las Vegas, Atlantic City, and worldwide casino destinations.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
Harbinger Research, LLC received US$12,000 from a third party in return for report authoring and distribution services.
Harbinger Research LLC Brian R. Connell bconnell*harbingerresearch.com or Players Network Mark Bradley, 702-895-8884 mbradley*playersnetwork.com
Source: Business Wire (June 19, 2007 - 6:41 PM EDT)
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UCPI(.325) Completes Its Largest Acquisition of Producing Properties to Date June 19, 2007 - 4:05 PM Unicorp, Inc. (OTCBB:UCPI) announced today that it has completed the acquisition of producing properties in Welsh Field, Jefferson Davis Parish, Louisiana, which is its largest acquisition of producing properties to date. Current production is approximately 42 barrels of oil per day gross (32 bopd net) from two active oil wells. The properties contain a total of fifteen wells including two saltwater injection wells. Unicorp has identified remedial opportunities in nine of the wells which could restore total gross production to approximately 200 bopd (150 bopd net).
Unicorp plans to commence rework operations in July on six of the nine wells. If successful on the nine well remedial program, this property could provide monthly cash flow of approximately $225,000. Unicorp owns a 100% working interest and a 75% net revenue interest in this field. The purchase price was $1.3 million and was funded from Unicorp’s recently announced $7.0 million convertible debenture.
“We are pleased to have completed this acquisition and believe this field has a lot of upside opportunity through low cost remedial work,” stated Kevan Casey, CEO of Unicorp. “We previously announced that we were cash flow positive from operations, excluding non-cash charges, and believe this field could significantly add to our earnings and cash flow.”
About Unicorp
Unicorp, Inc. is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company’s goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company’s ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Unicorp’s future business and financial results, refer to Unicorp’s Quarterly Report on Form 10-QSB for the quarter ended March 31, 2007, and Annual Report on Form 10-KSB/A (First Amendment) for the year ended December 31, 2006. Unicorp undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Unicorp, Inc., Houston Carl A. Chase, 713-402-6717 Investors*unicorpinc.net
Source: Business Wire (June 19, 2007 - 4:05 PM EDT)
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DCLT(.12) Strengthens Its Management Team Jun 20, 2007 8:26:00 AM 2007 *********wire, Inc. HOUSTON, June 20, 2007 (PRIME NEWSWIRE) -- Data Call Technologies, Inc. (OTCBB:DCLT) today announced the appointment of Ed Kessing as Vice-President of Operations. Mr. Kessing is the former Campus Director of MTI College of Business and Technology.
Mr. Kessing has served 3 years as a board member for the Texas Association of Business Professionals of America. Being an Eagle Scout, he is also quite active in the Houston area Boy Scouts of America.
"He brings a keen sense of technology, sales, business process design, corporate governance, regulatory compliance, and financial planning. We are thrilled that he is joining the senior management team as the company positions itself as the Best in Class provider of news and information feeds," said Jim Ammons, CEO and President.
About Data Call Technologies Inc.
Data Call Technologies, Inc. (www.datacalltech.com) is a digital signage internet software company specializing in aggregated, licensed, frequently updated digital content including more than 35 categories of news; weather conditions, forecasts and watches/warnings; sports headlines, schedules and in-game updates; financial news and data; traffic updates; and Amber Alerts. Data Call has working relationships and strategic agreements with the industry's leading providers of digital signage including 3M Digital Signage, ChyTV, a division of Chyron Corp (OTCBB:CYRO), Planar, and Scala, among many others. It also has numerous agreements with providers of point-of-sales displays, wireless technologies and VoIP phones. Data Call's information content is currently on display in retail outlets, hotels, banks, airports, sports arenas and convention centers across the U.S. and International locales.
Further inquiries may be directed by email to IVR*datacalltech.com.
Statements contained herein, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, demand and acceptance of new or existing businesses, capital resources and future financial results are "forward-looking" statements as contemplated by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information. The company takes no obligation to update or correct forward-looking statements and takes no obligation to update or correct information prepared by third parties that is not paid for by the Company.
CONTACT: Data Call Technologies, Inc. Jim Ammons 866-219-2025 x205
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CHMD(.07) Announces Signing of Joint Venture Agreement for Advertising in Harbin, China Jun 20, 2007 8:26:00 AM BEIJING -- (MARKETWIRE) -- 06/20/07 -- China Media Group Corporation (OTCBB: CHMD) ("CMG") announces today that its subsidiary company Beijing Ren Ren Health Culture Promotion Limited ("BRR") has signed an agreement with Harbin Shengdong Decoration Advertising Ltd ("Harbin Shengdong") to establish a new joint venture company ("New JV") with a focus on outdoor advertising in the city of Harbin (Heilongjiang Province).
Both parties have reached an agreement in which BRR will invest RMB300,000 (representing 60% of registered capital) and Harbin Shengdong will invest RMB200,000 (representing 40% of the registered capital). All the existing business and assets, excluding any liabilities, of Harbin Shengdong will be transferred to the New JV at a price to be agreed upon by both parties.
Harbin Shengdong currently owns and operates 9 outdoor billboards with an annual revenue of approximately USD200,000 (RMB1,600,000).
Mr. Con Unerkov, Chairman of China Media Group Corporation, stated, "We are delighted to enter into this agreement with Harbin Shengdong. The establishment of this New JV is the commencement of China Media's operations in Harbin. Our initial plan is for the New JV at commencement to own the 9 outdoor billboards with existing customers / revenues."
About China Media Group Corporation:
China Media Group Corporation (OTCBB: CHMD) is a "Next Generation" advertising / media company focusing on the very lucrative Chinese market. It has offices in Beijing, Hong Kong and Texas, USA. The Company was incorporated in Texas on October 1, 2002. The Company is currently entering the fast growing advertising industry in China and plans to expand its offices in key cities such as Shanghai, Guangzhou and Shenzhen. The Company will also cooperate with strategic partners in other cities to serve our clients for nationwide advertising coverage.
Additional information concerning other areas and topics of China Media Group can be found on our web site at http://www.chinamediagroup.net
A number of statements contained in this Report are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Certain written statements in this press release constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "should result," "are expected to," "we anticipate," "we estimate," "we project," "we intend," or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include demand for our services, product development, our ability to maintain acceptable margins and control costs, the impact of federal, state and local regulatory requirements on our business, the impact of competition and the uncertainty of economic conditions in general, including the timely development and market acceptance of products, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and we undertake no obligation to publicly update these statements based on events that may occur after the date of this document.
Contact: China Media Group Corporation San Antonio, Texas ir*chinamediagroup.net
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CIRC(.01) Iehab Hawatmeh Takes Part in Chief Executive Magazine Round Table Jun 20, 2007 8:29:00 AM Copyright Business Wire 2007 SALT LAKE CITY--(BUSINESS WIRE)--
CirTran Corporation (OTCBB: CIRC), an international full-service contract manufacturer of IT, consumer and consumer electronics products, announced that Iehab J. Hawatmeh, its founder, chairman and president, took part in a Chief Executive Breakfast Roundtable Idea Exchange held yesterday) by Chief Executive Magazine at the Mandarin Oriental Hotel in New York City.
The "The New Logic of Off-Shoring Innovation and Engineering: What Works; What Doesn't" session was moderated by J.P. Donlon, the magazine's editor-in-chief.
Mr. Hawatmeh embodies the "Great American Dream," coming to the U.S. at the age of 17 to further his education and make his way in the world. Earning a Master's of Business Administration from University of Phoenix and a Bachelor's of Science in Electrical and Computer Engineering from Brigham Young University, he founded CirTran in 1993. Today, Mr. Hawatmeh oversees all daily operations including financial, technical, operational and sales functions for CirTran, which has manufacturing facilities in Salt Lake City and China.
"This was a great opportunity provided by Chief Executive Magazine for me to sit with other leaders of international businesses and to discuss the status and future of manufacturing-oriented companies both domestically as well as abroad," Mr. Hawatmeh said.
Roundtable participants included: Ron DeFeo, chairman and CEO, Terex Corporation; Gary Gereffi, professor, Department of Sociology, Duke University; Ed Kopko, chairman and CEO, Butler International; Jack Manning, vice president, Engineering Offshore Services, Butler Technical Services; Joseph McGrath, chairman and CEO, Unisys Corporation; Leif O'Leary, senior vice president-North American Channel, Parametric Technology Corporation; and Shivan Subramaniam, chairman and CEO, FM Global. Comprehensive coverage of the Roundtable will appear in the September issue of Chief Executive Magazine.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTCBB: CIRT, www.CirTran.com) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO 9001:2000-certified, non-captive 40,000-square-foot manufacturing facility is the largest in the Intermountain Region, providing "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities while reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired Racore Technology (www.racore.com), founded in 1983 and reorganized as Racore Technology Corporation in 1997. Continuing to grow, in 2004 CirTran formed CirTran-Asia as a high-volume manufacturing arm and wholly owned subsidiary with its principal office in ShenZhen, China. Today, CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment, and household products manufacturing, focusing on the multi-billion-dollar direct response industry.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks are properties of their respective owners.
Source: CirTran Corporation
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INXR(.0005)Makes Free Subscription Offer to Shareholders for iFinix RealTime Information Platform, When Launched Jun 20, 2007 8:30:00 AM JAMAICA, NY -- (MARKETWIRE) -- 06/20/07 -- iFinix Corp. (PINKSHEETS: INXR), a provider of real-time financial information and services to active traders and to the securities industry, announced today that iFinix shareholders of record as of June 18, 2007 are being offered a free subscription for three months to the iFinix RealTime Information Platform, when it is officially launched at the end of the second quarter.
Shareholders of record as of June 18, 2007 can participate in the program by signing up on the company website. Qualified shareholders that already have a one-month trial subscription, which has been confirmed by email, will receive an additional three-month free subscription, for a total of four months. This offer does not include the commission costs.
iFinix Chairman Drew Budhu said, "iFinix is unusual in the number of its shareholders who are potential customers. These loyal supporters deserve to be rewarded for their confidence in the company with this free subscription offer."
"We also want to demonstrate to them the capabilities of the iFinix RealTime Information Platform," he added.
"It is capable of providing the most timely and accurate pricing and volume data available for microcap stocks, with pricing to the sixth decimal point, which exceeds by two decimal points the pricing data of the competition -- a difference that is quite important to frequent traders. We expect their satisfaction with our superior product will translate into word of mouth sales," he said.
About iFinix Corp.:
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
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MBIR(.033) Announces Its Inclusion at CommunicAsia 2007, an Expo for Key Professionals in the ICT Industry The Company Will Showcase its 3G Video Bank To Over 67,000 Industry Professionals From Over 100 Countries Jun 20, 2007 8:30:00 AM Copyright Business Wire 2007 DOVE CANYON, Calif.--(BUSINESS WIRE)--
MobiClear, Inc. (OTCBB: MBIR - Deutsche Borse: B3CA) has announced its inclusion at CommunicAsia 2007, one of the premier events for professionals in the Information and Communication Technology (ICT) industry.
The exhibition and conference takes place from June 19, 2007 through June 22, 2007 in Singapore and highlight the most recent applications in the fields of Third Generation (3G) and Broadband Wireless, Voice-Over-IP telephony, Satellite Communications and much more.
MobiClear will represent its technology with a display on the exhibition floor. More specifically, the company will be showcasing its Third-Generation (3G) Video Bank, an add-on to the banking solution that enables banks to offer customers an up-to-date telephone banking experience. By placing a secure, video-phone call to their bank, the end-user can perform the same errands as in an actual bank, including the payment of bills, checking of account balances, and the performance of different transactions. As opposed to voice and text driven banking that is currently in use, the end-user receives information in the form of an interactive video delivered via their host. Voice and written messages are also shared via this medium.
As with all of its products, MobiClear offers 3G Video Bank with high security, cost-effective implementation of the software for the bank and ease of use for the customer.
Additional information on these and other useful solutions can be located on MobiClear's web site at www.mobiclear.com. For further information on CommunicAsia 2007, please visit www.communicasia.com.
About MobiClear, Inc.
MobiClear, Ltd. specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear's multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including Internet shopping, business-to-business procurement transactions and retail shopping with credit and debit cards. MobiClear estimates that credit and debit card fraud on the Internet and in brick and mortar stores is growing to $20 billion annually. MobiClear's answer to this problem is a secure and user-friendly identity solution that works across the globe. In addition, MobiClear's identification service ensures safe and secure trade over the Internet, which in turn, promotes both e-trade activity and invoice payments online.
FORWARD-LOOKING STATEMENTS: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof.
Source: MobiClear, Inc.
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TRBD(.042) Targets $11 Billion Marine Air Handling Market With Its AirFlow-M(TM) Jun 20, 2007 8:00:00 AM
VENTURA, Calif., June 20 /PRNewswire-FirstCall/ -- Turbodyne Technologies, Inc. (OTC Bulletin Board: TRBD) announced today that it has developed a unique multi-function air handling system for diesel marine vessels. The Turbodyne AirFlow-M(TM) system provides improved diesel engine performance in hot and humid weather and forced-air cabin and bilge heating in cold weather. The Turbodyne AirFlow-M(TM) is based on the company's patent-pending TurboFlow(TM) air handling system. The heart of the system is the high-performance, light weight and compact TurboFlow (TM) radial air compression system.
With an estimated 2.2 million registered recreational diesel boats in the U.S., and an equal number of commercial vessels, there is a sizeable addressable market for marine air-handling units, with the refit market overshadowing the new-build market. With an addressable market of over $11 billion dollars, the Company's business model projects sales of approximately $100 million over the next three years.
According to Albert Case, CEO and president, "This market represents a significant opportunity for Turbodyne. There are tens of thousands of yachts and commercial vessels in the United States, and internationally that operate in hot climates. And, it's a known fact that higher temperatures significantly decrease diesel engine performance. Likewise, there are vessels that operate in cold climates, or remain in-water during the cold season. All of which can take advantage of the Turbodyne AirFlow-M(TM)."
Marine diesel engine performance degrades in hot, humid weather. High ambient air temperature combined with the effects of a closed engine room compound the problems for many vessels. Alleviating the problem involves circulating cooler air through the engine room.
The Turbodyne AirFlow-M(TM) compressor is a high-volume air handling system capable of moving 200 to 500 cubic-feet of air per minute, which means that it can completely cycle the air in the engine room of a 46 foot yacht in two minutes. Coupled with a raw-water cooled heat sink, and an on-demand fresh-water pre-heater, 20 to 50 degree drops in engine room temperature can be achieved, enabling more dense air with higher oxygen content per liter of air which translates into greater engine acceleration and top-end performance.
This is a significant benefit to normally aspirated or turbocharged and supercharged diesel engines.
Like a traditional electric heat pump, the Turbodyne AirFlow-M(TM) system can be reversed in cold weather to provide cabin, engine room and bilge warming to prevent freezing.
Unlike typical resistance heat (electric heating coil) or electric heat pump systems, the Turbodyne AirFlow-M(TM) system uses the natural "waste heat" inherent in high velocity air compression systems to both heat the air, and distribute it, saving considerable energy in the process over resistance heating element based systems.
Turbodyne plans to market the AirFlow-M(TM) through distribution partners in the marine industry.
Turbodyne Technologies, Inc. (OTC Bulletin Board: TRBD) is a developer of patented electrically powered air movement and propulsion components that are engineered to promote lower fuel consumption and address higher emission standards for hybrid, gas and diesel internal combustion engines.
Their patented TurboPac(TM) design reduces diesel pollution, eliminates turbo-lag in gas and diesel engines and increases fuel economy through both engine downsizing for hybrid, gas and diesel applications as well as low-rpm fuel burn optimization for diesel trucks and busses.
The TurboFlow(TM) design provides computer-controlled, variable high pressure, high volume air movement in a small, lightweight, low power package for a variety of applications from inflatable boat inflation and HVAC air movement to forced air induction for internal combustion engines.
The information in this release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding the Company's capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential" or "continue", the negative of such terms or other comparable terminology. Actual events or results may differ materially. In evaluating these statements, you should consider various factors, including the risks outlined in the Risk Factors in other reports the Company files with the SEC. These factors may cause the Company's actual results to differ materially from any forward-looking statement. The Company disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
SOURCE Turbodyne Technologies, Inc.
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Albert F. Case Jr. of Turbodyne Technologies Inc. +1-805-201-3133
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CMCA(.02) Validated as Motorola MOTOMESH(TM) Ready Jun 20, 2007 8:25:00 AM
WEST CHESTER, Pa., June 20 /PRNewswire-FirstCall/ -- ComCam International, a developer of video networking solutions and a subsidiary of ComCam Inc. (Pink Sheets: CMCA), announced today that Motorola Inc. has tested and validated ComCam IP-based Video Surveillance Software, MicroServers, and IP camera products as "MOTOMESH(TM) ready."
MOTOMESH(TM) ready solutions offer wireless access "anytime, anywhere" to mission-critical data for first responders: police, ambulance, fire, military personnel. Motorola's mesh network architecture, originally designed for battlefield communications, uses Multi-Hopping(TM) technology to allow client devices to become the network. Intelligent routing enables connectivity at high vehicular speeds, and client ad-hoc networking with built-in position location capabilities.
Says ComCam CEO Don Gilbreath, "Imagine a governor on the move being able to view an incident live from the responders' perspective before local or cable news networks show up. This ability is not only possible but also affordable for city, state, federal and commercial venues. ComCam technology is encountered in wearable, in-vehicle, rapid deployment, robotic, and fixed configurations using ComCam C3, PocketC3(TM) and VideoLocker(TM). Additionally these applications have been tied into satellite, aviation, and marine maps for situational awareness. These products are a reality today."
ComCam develops network video command-and-control products and provides solutions and technical services to U.S. government agencies, Fortune 500 companies, research facilities and original equipment manufacturers, systems integrators and dealers worldwide. Its vision is to augment technologies not only to communicate better with each other but also to enhance human communications employing these technologies. PocketC3(TM) and VideoLocker(TM) are trademarks of ComCam International Inc. All other trademarks or registered trademarks belong to Motorola.
A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including timely development, market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that ComCam may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. ComCam encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. ComCam's public filings may be viewed at http://www.sec.gov.
Contact:
David Rosen V.P., Corporate Development ComCam International, Inc. Tel. 610.436.8089 drosen*comcam.net http://www.comcam.net
SOURCE ComCam Inc.
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David Rosen V.P. Corporate Development ComCam International Inc. +1-610-436-8089 drosen*comcam.net
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DRGP(.27) Announces Massive New Distribution Several Important International Territories Sign On including Russia and Germany for Flagship Product! Jun 20, 2007 8:30:00 AM Copyright Business Wire 2007
MIAMI--(BUSINESS WIRE)--
Dynamic Response Group, Inc. (DRGP) (Pink Sheets:DRGP) announced today that distribution of its flagship hair product for men, ProCede, has extended to several major new territories and has now been approved for sale in Russia and Germany, as well as many other countries. The company has begun to take orders for immediate sale in these new distribution territories.
"This is a major breakthrough for our company, plain and simple," says CEO Melissa K. Rice. "We take our hats off to our international partners, Global DR Group. It is a testament to their persistence and passion for our product that they have been able to garner distribution in these territories, which are very difficult to penetrate historically."
Global DR Group has been showcasing ProCede at the ERA International Show in Monte Carlo this past week. Says Global DR Group's CEO William Brand, "ProCede is a hit. Europe and the rest of the world are ecstatic over the availability of ProCede outside of the US. ProCede's approval has created amazing anticipation by distributors abroad. This is proof."
About DRG
Dynamic Response Group, Inc. ("DRG") creates, develops and markets innovative products addressing large national and international consumer audiences primarily through direct response TV (DRTV) and Internet advertising. Three of DRG's products have surpassed the $1 million gross sales milestone.
DRG is the innovator and direct response retailer of highly effective products and services including: ProCede(TM), a hair thickening system for men that has generated sales in excess of $22 million; "Backyard Drills with Bill Parcells," a DVD series for fathers and sons (sales surpassed $1 million in April 2006); The Sonic Clean Between Machine(R), an oral hygiene product (sales surpassed $1 million in April 2006); Allure Smile and SeroTrol and others.
ProCede consistently ranks in the top 5 most-aired short-form infomercials in the U.S., ranking in the top 5 for 22 consecutive months, and reaching number 1 of all products in the Health and Beauty category twice in that time period (Infomercial Monitoring Service). To date, ProCede has received registration approvals in 28 foreign countries including the European Union, United Arab Emirates and South Africa, and the company plans on making an announcement shortly outlining international distribution plans for its powerful patent-pending formula.
Statements contained in this news release that are not historical facts are forward looking statements that involve risks and uncertainties. Actual results may differ materially from any forward looking statements due to many risk factors which include, but are not limited to, no operating history and no earnings, reliance on the Company's management team, the ability to successfully implement the Company's business plan, the ability to fund the Company's business strategy, competition and general economic conditions. Reference is made to our filings made with the United States Securities and Exchange Commission.
Source: Dynamic Response Group, Inc.
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For Dynamic Response Group Inc. Miami Summit Financial Partners LLC Anthony D. Altavilla President 317-218-0204
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ONYI(.16)/ Greenbelt Resources Corporation Changes Symbol Jun 20, 2007 8:30:00 AM Copyright Business Wire 2007
EAGLE GROVE, Iowa--(BUSINESS WIRE)--
Originally New York, Inc (Pink Sheets:ONYI) announces that it has been assigned a new ticker symbol: "GRCO."
The company now has a new board, new Chairman & CEO, new name, and a new ticker symbol to complete the set. The only thing they've kept the same has been their intent to design & sell ethanol plants. Ethanol is a clean burning renewable fuel that is commonly blended with gasoline to increase octane and decrease harmful emissions.
This press release does not constitute an offer of for the sale of securities. This press release contains certain forward-looking statements. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to compete effectively in the marketplace, and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect subsequent changes.
Source: Originally New York, Inc.
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Greenbelt Resources Corporation Eagle Grove Bob Johnson 515-603-6292
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CKEI(.0019) Revenue Continues to Rise for Clickable Enterprises with 94% Increase in April Gross Profit Inflates to 175% for the Month Compared with Same Period Last Year Jun 20, 2007 8:43:00 AM Copyright Business Wire 2007 LARCHMONT, N.Y.--(BUSINESS WIRE)--
Clickable Enterprises, Inc. (CKEI.PK), the first Internet-based home heating oil company, announced today that it generated $680,099 in revenue for April, compared with $350,677 in April 2006, representing a 94% increase. 276,027 gallons of oil were sold, compared with 147,629 gallons sold in April 2006, representing an 87% increase. Gross profit was $141,351, compared with $51,454 in April 2006, representing a considerable 175% increase.
"This is an encouraging beginning to what we expect will be a very strong fiscal 2008," said Nicholas Cirillo, Jr., president of Clickable Enterprises. Adding, "Contribution to Overhead increased from $14,009 in April 2006 to $67,790 in April 2007, and we realized a slight decrease in Employee Expense from ($48,287) to ($47,829) for the same comparative period."
The company recently reported approximately $7.5 million in revenue for the fiscal year ended March 31, 2007, a 39% increase from its prior fiscal year.
About Clickable Enterprises
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, is the first Internet-based heating oil company to offer customers affordable heating oil services. Based in Larchmont, New York, the company specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company continues to grow through acquisitions and marketing, including its sponsorship agreement with Google, Inc. (NASDAQ:GOOG), the world's largest Internet search engine. Clickable Enterprises currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. For more information visit www.clickableoil.com.
This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the SEC, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Source: Clickable Enterprises, Inc.
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PVNX(.19)- First Company to Offer Privacy Protection With Every Online Transaction Jun 20, 2007 8:44:00 AM Copyright Business Wire 2007 NEW YORK--(BUSINESS WIRE)--
Pure Vanilla Exchange, Inc. ("PV") (OTCBB:PVNX) announced today that it has deployed its patent-pending Privacy Protection solution for use on every transaction it processes. PV is the first company to offer such protection, eliminating the need for online shoppers to hand over their credit card/financial information to each merchant they shop at. This revolutionary technology reduces the risk of data- and identity-theft faced by consumers when shopping online. The PV solution stores information securely within PV's system and does not require or enable it to be transmitted to merchants. Since the vast majority of online retailers have limited measures in place to securely handle cardholder data, PV's Privacy Protection now allows consumers to shop online with a level of security never before available.
A recent article in Computerworld revealed that retailers are fuming over the new card data security rules, also known as the Payment Card Industry/Data Security Standard (PCI/DSS). The article goes on to say that retail executives stated that they carry an unfair burden in securing credit card data and also complained that implementing the PCI standard is costly and could alienate customers. Merchants and Government agencies are struggling with data security to such an extent that by January 2007, over 100 million notifications were sent to individuals in the US stating that their personal information had been compromised.
Pure Vanilla Exchange (through its subsidiary, Nimble Group) has been certified by Visa and MasterCard in the highest level of PCI/DSS compliance - Level I. PV is now capable of carrying the PCI compliance burden for online retailers who find compliance a daunting task. In addition to protecting merchants, PV's Privacy Protection is designed to help prevent consumers against the growing issues of identity theft and bankcard fraud. According to the Federal Trade Commission, 1 in 49 people were affected by identity theft in 2006 accounting for over $52.6 billion in losses.
Steven Yevoli, CEO of PV stated, "We are very excited about our new Privacy Protection technology and how online retailers and consumers alike will benefit. We are constantly striving to be at the forefront of security as it relates to payment processing and have made a significant investment in our network to be the pioneers of Privacy Protection."
Continuing, Mr. Yevoli said: "This level of service and security extends to every aspect of our business and we continue to provide the highest standards of security and service to both merchants and consumers available today."
About Pure Vanilla Exchange, Inc.
Pure Vanilla Exchange is an interactive payment solutions company. It operates a portfolio of brands in online commerce; government payment processing; merchant payment processing; and membership and subscriptions sectors. It markets and sells proprietary and private label payment solutions directly to consumers and merchants through online and offline sales agents throughout the United States. Its products primarily process payments using its proprietary defined access/closed loop network and its stored value card process. The company also operates a merchant portfolio business (http://www.NimbleGroup.com) which focuses on end-to-end payment solutions and transactions for high frequency, multi-unit retailers and government agencies (http://www.NimBill.com). The company was founded in 2005. Pure Vanilla Exchange is headquartered in New York, New York. For more information, visit: http://www.purevanilla.com
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, certain statements contained in this press release regarding PVNX and/or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties, including the financial performance of PVNX. Although PVNX believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and PNVX does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Source: Pure Vanilla Exchange, Inc.
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SHMM(.022) Ahead of Schedule on Projected Revenues Jun 20, 2007 8:30:00 AM
SPARTANBURG, SC -- (MARKETWIRE) -- 06/20/07 -- Southern Home Medical Equipment, Inc. (PINKSHEETS: SHMM) is pleased to announce that the Company is ahead of schedule on projected annual revenues. The Company is on schedule to bill out over $202,000.00 for the month of June, or the equivalent of $2.42M on a rolling 12 month basis.
Greg Tucker, President and CEO of Southern Home Medical, states, "We could not be happier with the progress that our team has made. All of these revenues for the month of June will be generated by our medical equipment operations and our fitness units. We have other deals pending in the medical equipment category and we are in the beginning stages of an aggressive rollout of our nurse staffing business. The nurse staffing segment of our company should prove to be a significant part of our business for years to come. We're just now scratching the surface and we've already had 13 serious inquiries concerning the Encore business. For a video presentation on the future of our company, we would encourage everyone to review the following link."
Southern Home Medical is a holding company with a focus on medical equipment operations in the Southeastern United States. Formed in January 2005, with its principal place of business in Spartanburg, S.C., Southern Home Medical will be expanding its operations through the acquisition of existing durable medical equipment companies and through the start up of additional sites in strategic locations throughout the Southeast. Southern Home Medical provides "in-home" and nursing home patients with a complete line of medical equipment that includes: oxygen concentrators, semi-electric beds, wheelchairs, CPAPs, BiPAPs, enteral tube feeding, etc. Through its Encore Health & Wellness Division, Southern Home has also moved into additional health, wellness, and fitness related businesses to include Encore Medical Staffing, Inc. and Ladies Health & Fitness, Inc.
Encore Medical Staffing, Inc. (www.encoremedicalstaffing.com) supplies quality healthcare professionals on a per diem and temporary contract basis to hospitals, rehab centers, nursing homes and other medical facilities. The majority of the staffing professionals consists of Registered Nurses, Licensed Practical Nurses and Certified Nursing Assistants. Encore Medical Staffing, Inc. is aggressively recruiting motivated business professionals interested in franchising or joint ventures with the company.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: Southern Home Medical Equipment, Inc. Email Contact
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FMLY(.0005) Project Report for June 2007 Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), in accordance with Regulation “FD” (Full Disclosure), would like to announce that Emmett/Furla Films is in active development on at least four projects, at least two of which are very close to concluding. Management will continue to keep shareholders abreast of progress.
About Family Room Entertainment:
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions (“EFFP”), Emmett Furla Films Distribution (“EFFD”) and EFF Independent (EFFI”), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol “FMLY”. Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment’s goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward-Looking Statement:
Safe Harbor: Statements contained in this news release, which is not historical facts, are forward-looking statements as that are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
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 discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Family Room Entertainment Investor Relations: M. Dal Walton, III 323-993-7317 ir*fmlyroom.com
Source: Business Wire (June 20, 2007 - 7:00 AM EDT)
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SWME(.0042) Announces Corporate Update TORONTO, June 20 /PRNewswire-FirstCall/ -- Swiss Medica, Inc. (OTC Bulletin Board: SWME) announced today that
1) Swiss Medica recently filed its 10KSB for the year ended December 31, 2006 and its 10QSB for the 3 months ended March 31, 2007 with the Securities & Exchange Commission. The filings are accessible in the investor relation's section of www.swissmedica.com.
2) As Swiss Medica Inc. has now filed the outstanding 10KSB and 10QSB, it is current with its filings and its symbol has now been changed back to SWME.OB.
3) Swiss Medica has been undertaking a large restructuring of its operations and management, which has included staff reductions, cost cutting and a refocusing of its distribution strategy. Details of this operational restructuring are included in recent S.E.C. filings. In addition, Swiss Medica will be issuing further press releases outlining its strategic repositioning as well as management restructuring.
4) Swiss Medica has also undertaken a restructuring of its balance sheet with a focus on debt restructuring and debt reduction. Details of these debt restructurings have been included in recent S.E.C. filings with further restructuring transaction details to be included in press releases and S.E.C. filings in the weeks to come.
5) Swiss Medica has been raising capital to undertake the restructuring, reduce its debt and implement its strategic repositioning program. Details of these financing activities will be included in S.E.C. filings including the 8K filed with the S.E.C. on May 29, 2007.
Swiss Medica will make further announcements with respect to details of its restructuring plans.
About Swiss Medica, Inc.
Swiss Medica is a specialty pharmaceutical company focused on commercializing over-the-counter clinically-tested, patented all-natural products that relieve chronic ailments. Swiss Medica builds its brands through innovative and focused distribution and marketing strategies. Swiss Medica's mission is to be a world leader in the commercialization of over-the-counter, safe and effective chronic ailment treatments. Please visit our websites at www.swissmedica.com and www.O24zone.com
Swiss Medica's flagship product, the O24 Essential Oil Pain Neutralizer, holds US Patent #6,444,238B1. The O24 pain relief solution has been used and recommended for its fast-acting and long-lasting benefits by healthcare professionals and athletes in the United States, Canada and in Europe. O24 is widely available over-the-counter throughout the United States and Canada in leading pharmacies and other retailers. Customers can also visit www.O24zone.com, for ordering details and store locators for the nearest pharmacy.
Swiss Medica also launched the patented O24 Fibromyalgia pain reliever (US Patent #6,444,238B1) over-the-counter in North American retailers. The National Fibromyalgia Association (NFA) awarded O24 Fibromyalgia their first NFA Seal of Approval. Over 10 million Americans suffer from the long-term pain associated with Fibromyalgia. In a randomized double blind clinical trial conducted in 2005, 88 per cent of the patients who used O24 Fibromyalgia reported mild to markedly better improvement, versus only 7 per cent who used the placebo. Customers can also visit www.O24zone.com, for ordering details and store locators for the nearest retailer.
Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to acceptance of Swiss Medica's products in Canada, the United States and other countries, risks related to international sales and purchases and potential foreign currency exchange fluctuations, acceptance of Swiss Medica's products, increased levels of competition, dependence on intellectual property rights and other risks detailed from time to time in Swiss Medica's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities.
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BDGR(.07) Hires Mike Ellis as Head Engineer Jun 20, 2007 8:53:00 AM OIL CITY, LA -- (MARKETWIRE) -- 06/20/07 -- Black Dragon Resource Companies (PINKSHEETS: BDGR) management today announced the hiring of Mike Ellis as Head Engineer.
Mr. Ellis is confident he can help increase current production in the near future. He has spent several months researching all of Black Dragon's geology and engineering and is anxious to get started with the Company. After weighing many different opportunities, Mr. Ellis found Black Dragon best met his criteria and decided to join the team.
"We are excited such an experienced and innovative engineer has signed on with us. We foresee Mike making a difference right away," commented Joe Lanza, CEO of Black Dragon. He added, "this is an important time for Black Dragon, and I want to assure everyone we have not lost a lawsuit and are not insolvent. In fact, we expect a significant receivable in the near future." Mr. Lanza also pointed out he has recently been working on a project in Washington, DC. "It's too early to give details, but I am confident my trip to Washington, DC will prove to be extremely beneficial to Black Dragon and its shareholders."
About Black Dragon:
Black Dragon Resource Companies, Inc. is an oil and gas Production Company focused on the acquisition of mature, producing and existing U.S. oil and gas fields. The Company's focus on mature, domestic oil fields eliminates exploration risk, reducing costs, and provides immediate generation of income in a niche market where larger independent and major oil companies are not positioned to compete.
The statements in this press release regarding any implied or perceived benefits from existing oil and gas field properties, actual reserves and revenues to be derived from the reserves, plans to drill additional oil and gas wells, anticipated revenues, the acquisition of additional oil or gas leases, maintaining mineral lease rights, and any other such effect resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, the continued production of gas at historical rates, costs of operations, delays, and any other difficulties related to producing minerals such as oil and gas, continued maintenance of the oil field and properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage continued growth.
Forward-Looking Statements
Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact: UpTick.com 480-240-1700
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PDGT(.0035) Iceland's Capital Police Force Responds to Paradigm Tactical Product's FriskerPRO(R) Hand-Worn Metal Detector Jun 20, 2007 9:01:00 AM Copyright Business Wire 2007 GEORGETOWN, Mass.--(BUSINESS WIRE)--
Paradigm Tactical Products (Other OTC:PDGT.PK - News), a leading provider of non-lethal defense and homeland security solutions to corrections, law enforcement and the security industry, announced the patented FriskerPRO(R) has received a positive review by Iceland's Capital Police Force.
Paradigm Tactical Products has established a strong business relationship with a distributor in Iceland who has received positive feedback with regard to the FriskerPRO(R).
Geir Jon Thorisson, Chief Superintendent of the Capital Police Force (in Iceland) is quoted as stating, "People were very satisfied with the FriskerPRO(R) and (how) it works as it should. They have been testing the FriskerPRO(R) both in the field and in the lockup. Their vision is that the FriskerPRO(R) will be available in every patrol car in the future."
"Paradigm Tactical Products is establishing long term distributor and dealer relationships around the world to enable customers in all regions to test and evaluate the FriskerPRO(R) first hand. Our innovative design enhances the safety of the officer, ultimately differentiating ourselves from the rest of the law enforcement metal detectors currently being manufactured in the US market." James F. Marr, Secretary
About Paradigm Tactical Products
Paradigm Tactical, based in Georgetown, Massachusetts, is a leading provider of non-lethal defense and homeland security solutions to corrections, law enforcement and security industry. The Company acquired the exclusive transferable license to manufacture, market, and sell the FriskerPRO(R). As the heightened attentiveness to terrorist and other security threats continue to increase, Paradigm Tactical is meeting the higher demand for security and inspection systems. The Company has sold over 3,000 FriskerPRO(R) and is currently used or tested by thirteen Federal departments, agencies, twenty state law enforcement, correctional agencies, and eight local agencies. For more information, visit: http://www.paradigmtactical.com/.
Safe Harbor Statement from Paradigm Tactical Products, Inc.: Statements in this press release concerning the Company's business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items, and network or service offering growth, together with other statements that are not historical facts, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Any forward-looking statements are estimates, reflecting the best judgment of the party making such statements based upon currently available information and involve a number of risks and uncertainties, including the timing of any expansion of the Company's database, and other factors which could cause actual results to differ materially from those stated in such statements. Risks, uncertainties and factors which could affect the accuracy of such forward-looking statements are identified in the public filings made by the Company with the Securities and Exchange Commission, and forward-looking statements contained in this press release or in other public statements of the Company should be considered in light of those factors.
Source: Paradigm Tactical Products
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PDVP(.001) Comments on Upcoming Website for Corduroy Surf Company Jun 20, 2007 9:09:00 AM PORTLAND, ME -- (MARKETWIRE) -- 06/20/07 -- Podium Venture Group, Inc. (PINKSHEETS: PDVP), an apparel, media, and publishing holding company in the lifestyle sports industry comments on the Corduroy Surf Company website -- scheduled to launch in early fall 2007.
"The model for Corduroy has always been one which brings the surfing community together through art, fashion, sound gear, progressive brands and forward thinking store concepts. The website, currently under development, will feature all those same attributes and one more which will surely amaze the masses. The site will be the first of its kind -- both as far as size, quality, ecommerce solutions, and overall concept. Without getting into great detail -- we are nurturing an ecommerce concept that will unify surfers and consumers globally through the one thing we all know all too well -- the surf forecast. It will surely be not only a tremendous sales platform for Corduroy, but will also redefine how both consumers and web developers alike view ecommerce solutions and consumer interactive online shopping."
Jim McGinley, President & CEO, Podium Venture Group, Inc.
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. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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WTVI(.002) Stations to Have Content Ready for iPhone(R) Launch While Media Net, MobiTV, and Cellular Video Are Reportedly Not Available New Wi-Fi TV Stations Sold in June All Come With Ability to Provide Short Videos for iPhone(R) Jun 20, 2007 9:15:00 AM NEWPORT BEACH, CA -- (MARKETWIRE) -- 06/20/07 -- Wi-Fi TV Inc. (PINKSHEETS: WTVI) is providing all purchasers of Wi-Fi TV Stations during the month of June with the ability to have short videos available for download to the new iPhone® on the day of the iPhone release (June 29).
Wi-Fi TV is encoding and posting the videos provided by new Wi-Fi TV Station owners to the Wi-Fi TV iTunes® Store. Each video can be saved in the iTunes account of consumers, and can be downloaded for viewing in the iPhone®, iPod® or on AppleTV®.
"Wi-Fi TV is excited to offer positive programming related to Music, Politics, Spirituality, Real Estate and other topics that will be available totally free for users of the iPhone®, iPod® and AppleTV®. We want everyone who buys an iPhone to become a free member of Wi-Fi TV (at www.Wi-FiTV.com) and we feel that the Wi-Fi TV iTunes® Store, where all the content is free, is a great promotional tool toward that end," said Joe Soto, Director of National Sales Development, Wi-Fi TV Inc.
"In addition, we want everyone that purchases a Wi-Fi TV Station during the month of June to know that they will be able to provide content for the launch of the iPhone by selecting two short videos that Wi-Fi TV will place in the Wi-Fi TV iTunes store and also link to our Wi-Fi TV web site," added Mr. Soto.
While Wi-Fi TV is providing a variety of video content for the launch of the iPhone®, it has been reported that Media Net, MobiTV and Cellular Video will not be offered for iPhone® at the time of its launch.
Wi-Fi TV(TM) Is A Pioneer Of TV On The Internet
Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV website is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen; and get breaking news for each country and category listed, download a dialer, make free phone calls and host live video parties all on one web site.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides Social Internet TV(TM), 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.
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. No relationship between Wi-Fi TV Inc. and Apple exists or is implied. iPhone®, iPod®, iTunes® and AppleTV® are registered trademarks of Apple®. This press release shall not be deemed a general solicitation.
Contact:
Colby Marceau (949) 716-9397 Email Contact
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GPSI(.03) Expands to China Jun 20, 2007 9:15:00 AM SAN DIEGO, CA -- (MARKETWIRE) -- 06/20/07 -- Global Pay Solutions, Incorporated (PINKSHEETS: GPSI) has created a joint venture company between Global Pay Solutions and Universal Resources for the development, manufacture, marketing, sale and distribution of the Trio(TM) Card.
The joint venture, Universal Global Pay Solutions, based in Hong Kong, China will provide GPSI with an increased global presence in the worldwide value card market and establishes a new cost effective manufacturing location to support the GPSI International card business.
The Mckinsey Quarterly states (http://www.mckinseyquarterly.com), "China certainly appears ready for plastic. It boasts a growing class of affluent consumers; the number of households with annual incomes of more than $6,500 will increase tenfold by 2010, to 30 million. Recent market data suggest that Chinese consumers are as likely to use consumer credit and to revolve their debt -- the key to success for a credit card business -- as consumers in developed markets such as the United States. Even with a mandatory interest rate cap of 18 percent, the profit margins on credit cards, after adjusting for default, are 900 to 1,100 basis points for customers who carry their card balances, compared with only 300 to 800 basis points in the United States and the United Kingdom. According to our estimates, a company with a market share of just 10 percent of credit card receivables could make profits of more than $100 million a year by the decade's end."
The joint venture will target the general consumer and employer payroll markets. GPSI's alliance with local and national banks assures acceptance to the entire Chinese marketplace and minimizes any foreign card issuer's restrictions.
David Kowal, President GPSI, states, "We are stepping into one of the world's largest markets and we are excited with the opportunity. Our market penetration goal is 1% of the available target market in China over the next 18-24 months. This will equate to exceptional shareholder value in the company."
ABOUT GLOBAL PAY SOLUTIONS
Global Pay Solutions is an independent sales organization composed of Stored Value Industry insiders, marketing and implementation specialists dedicated to the production of a superior, monolithic brand of Stored Value products and associated ancillary goods and services. Visit: www.globalpaysolutionsinc.com.
For further information on this release on Global Pay Solutions, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, and #800-631-8127.
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Such statements are subject to risks and uncertainties and other factors as may be discussed from time to time in the Company's public filings with the U.S. Securities and Exchange Commission ("Commission"), press releases and verbal statements that may be made by our officers, directors or employees acting on our behalf which could cause actual results to differ materially from those discussed in the forward-looking statements and from historical results of operations.
Contact: Rich Kaiser Investor Relations YES INTERNATIONAL 800-631-8127
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EPCG(.0011) Launches Sales and Marketing Initiative Jun 20, 2007 9:22:00 AM Copyright Business Wire 2007 LAKE MARY, Fla.--(BUSINESS WIRE)--
Epicus Communications Group, Inc. (OTCBB:EPCG) announced today it plans to expand its customer base through outreach initiatives and marketing of its Voice over Internet Protocol (VoIP) services, recently offered by wholly owned provider ECG On The Net, LLC (ECGOTN).
FreedomOTN(R) is an Internet phone service, offered by ECGOTN, that takes advantage of VoIP technology to provide all the familiarity and calling features of a local telephone service plus the innovation of next generation services. The solution includes a complete suite of customizable VoIP and messaging features.
Mark Schaftlein, Epicus Communications' CEO said, "As we enter our first quarter of 2008, I am pleased to say that our focus will be on marketing and sales of our newest products. The resulting increase in our revenue will decrease our dependence on borrowing and thus increase opportunities for new investment."
Epicus Communications provides various strategic partner programs to attract new subscribers. Along with the more "traditional" marketing techniques, the company is introducing an ECGOTN "Family and Friends" program that will provide sales activity for new accounts outside of its existing base. This program is financially motivating with attractive payments for active participants.
In regards to product offerings, the company is migrating its voice-mail accounts to its own platform, which is expected to result in cost savings to Epicus Communications in excess of $100,000 by calendar year-end. Epicus Communications is also working to secure an agent agreement to enable it to provide dial-up Internet service and other related products. Additionally, management is exploring partnership opportunities for alternate carrier capabilities for long distance services.
Schaftlein continued, "Our service offerings now extend beyond traditional hard line quality and reliability. As such, we must show current and new customers how our solutions will work for them and create a return on investment for everyone."
Epicus Communications recently announced it entered into a securities purchase agreement with its current primary lender for the sale of $260,000 in 2-year, 6% convertible secured notes and stock purchase warrants. The funding proceeds are expected to be used for operations and to further increase public awareness for its VoIP services.
About Epicus Communications Group, Inc.
Epicus Communications Group, Inc. operates as a telecommunications company that provides local and long distance services in 7 southeastern states. Epicus Communications, one of the first licensed CLECs in Florida, is a leader in offering bundled "one bill" local services. The company offers a full suite of telecommunication services for residential and small business customers through its Freedom Rings services brands. For additional business information, please visit http://www.ecg-us.com.
This press release contains forward-looking statements that involve risks and uncertainties. Actual events may differ from forward-looking statements for a number of reasons as well as other factors discussed from time to time in our SEC filings (available on EDGAR or for free at www.sec.gov). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. All forward-looking statements included in this document are made as of the date hereof, based on information available to Epicus Communications Group, Inc. on the date thereof.
Source: Epicus Communications Group, Inc.
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PDVP(.0011) Comments on Updated Share Structure Jun 20, 2007 12:02:00 PM PORTLAND, ME -- (MARKETWIRE) -- 06/20/07 -- Podium Venture Group, Inc. (PINKSHEETS: PDVP), an apparel, media, and publishing holding company in the lifestyle sports industry, announced today the total number of authorized common stock remains at 500,000,000 with approximately 429,460,887 issued and outstanding and 246,700,431 in the float.
"As stated before, we have received numerous shareholder calls and emails addressing the issue of our current share structure and currently held brands. Let me first say that given our current operations, M&A strategy, and structure of our three brands; N'East Magazine, Erino Clothing, and Corduroy Surf Co., we have no current plans of increasing the authorized common stock. With the aggressive growth plan we have in place it should be understood, and as previously announced, that we intend to grow this company though acquisitions, capitalization and vertical growth. While recent events as announced have affected our current structure -- I weigh that with what effect it has brought Podium and its brands. That is the simple method we use -- risk vs. gain. We are still wildly undervalued just looking at what we have in our quiver. The entire Podium team is eagerly waiting to turn the corner and go into the later half of the year with all cylinders firing and a very successful 2007." -- Jim McGinley, President and CEO, Podium Venture Group, Inc.
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. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
BOCA RATON, Fla.--(BUSINESS WIRE)-- Med Gen Inc. (OTCBB:MGEN) (“MGEN”), manufacturers of nationally branded OTC healthier life products, reports un-audited revenue from all operations for the 8 1/2 months period October-June 19 of approximately $1,327,000 a 700% increase over the previous year. Recognized revenue for June to-date is approximately $275,000.
Mr. Kravitz, company Chairman and CEO said, “Reporting our revenue in the middle of a month is unusual; however, our shareholders have been pressing for information and both phone calls and e-mails have reached levels that cannot be handled by any alternate method. We felt it best to make public the information at this time.
“Growing revenue as quickly as possible is our focus,” said Kravitz. The company is presently engaged in a significant amount of business activity from preparing new TV commercials for airing in early fall, to growing its financial service segment. The company goal is to be operationally self-supporting by the fall and able to reduce its debt.
About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray’s the Way (“STW”). It is best known for producing the world’s first patented liquid spray snoring relief formula, Snorenz®. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep® and the UnDiet® system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. Recently, the company formed a joint venture to market FootFridge® an innovative and patented innersole, that amongst other attributes, cools and comforts the feet. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names. The Company also offers specialty services to small emerging public companies in similar fields as a way of adding assets to its base business.
Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol “MGEN”. For information contact Investor Relations 561-750-1100 or www.medgen.com
This Press Release contains or incorporates by reference “forward-looking statements” including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words “believes”, “suggests”, “anticipates”, “plans”, “expects”, and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.
Contacts
Med Gen Inc., Boca Raton Paul Kravitz, 561-750-1100 www.medgen.com
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ARUR(.15) Announces Additional Operations Jun 20, 2007 1:19:00 PM LEWISVILLE, TX -- (MARKETWIRE) -- 06/20/07 -- American Resource Technologies, Inc. (formerly Golden Chief Resources, Inc.) (OTCBB: ARUR) (PINKSHEETS: ARUR) was informed by the operator that additional production tests were run on the Striker 3 well located on the Ownbey Lease in Chautauqua County, Kansas. Results indicated an approximate 90% oil to water ratio. Exact volume and ratio figures will be provided when available.
Where this statement includes "forward-looking" statements within the meaning of Section 27A of the Securities Act, the Company desires to take advantage of the "safe harbor" provisions thereof. Therefore, the Company is including this statement for the express purpose of availing itself of the protections of such safe harbor provisions with respect to all of such forward-looking statements. The forward-looking statements in this announcement reflect the Company's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from those anticipated. In this announcement, the words "anticipates," "believes, "expects," "intends," "future" and similar expressions identify forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that may arise after the date hereof. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this statement.
CONTACT: American Resource Technologies, Inc., Lewisville Mike McIlvain 972-219-8585
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