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AMZB (.075)Gets Patent for Treating HIV Infection NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit. Feb 16, 2007 4:42:00 PM LAKE HARMONY, PA -- (MARKET WIRE) -- 02/16/07 -- Amazon Biotech, Inc. (OTCBB: AMZB) (FRANKFURT: B2D) announced that it received a patent from the United States Patent and Trademark Office for "a herbal composition and method of treating HIV infection."
Other active stocks are MKS Instruments, Inc. (NASDAQ: MKSI), Lawson Software, Inc. (NASDAQ: LWSN) and SanDisk Corporation (NASDAQ: SNDK).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation, do no trading of any kind and send No Faxes or Emails to promote stocks.
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AMZB Gets Speculative Buy Rating and Price Target of $0.25
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit. Feb 16, 2007 7:12:00 PM LAKE HARMONY, PA -- (MARKET WIRE) -- 02/16/07 -- Harbinger Research LLC issued a Research Brief today for Amazon Biotech, Inc. (OTCBB: AMZB), a development stage pharmaceutical/biotech company that is developing an all natural drug (AMZ 0026) for the treatment of HIV/AIDS.
Other active stocks are Hittite Microwave Corporation (NASDAQ: HITT), Stamps.com Inc. (NASDAQ: STMP) and LTX Corporation (NASDAQ: LTXX).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation, do no trading of any kind and send No Faxes or Emails to promote stocks.
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BZTG (.026) to Compete Directly With Microsoft Windows Live
Buzz Technologies' New Instant Messenger Service Allows Users to Watch Videos and Television, Listen and Share Music, All From Users' Instant Messenger Box Feb 16, 2007 4:20:00 PM Copyright Business Wire 2007 HOUSTON, BEIJING, PRC & BANGKOK, Thailand--(BUSINESS WIRE)--
On Monday February 19, 2007, Buzz Technologies, Inc. (OTCBB:BZTG) plans to take on the competition -- MSN, Yahoo, AOL and Skype Instant Messengers -- with a new instant messenger service.
Buzz Technologies Inc. will launch a major rollout of its Internet products. Buzz Technologies' new products will compete directly with Microsoft Windows live. The new Buzz Web Browser is a live application delivering superior streaming information with storage plug-ins that make the new product the world's first real Virtual Computer. This product is the first real step towards offering bare metal computing to the world.
Buzz Technologies' new instant messenger service features allow users to watch videos, watch television, listen and share music, all from your instant messenger box.
Sutida Suwunnavid Chairwoman of Buzz Technologies said, "We are confident we have the tools to tackle the giants of the Internet."
About Buzz
Buzz Technology is a diverse group of Telecommunications and Internet-related products and services aimed at the new frontier of next generation technology from telephony, fixed line and VoIP, to state-of-the-art Search Engines and the delivery of Information, News, Entertainment and Communications in new ways to new devices. Established in Asia and expanded to the USA, Buzz will continue to expand where consumers desire reliable VoIP, access to powerful, direct-result search engines and technological business and home solutions based on next generation technology accomplished through in-house development, licensing, acquisition, and strategic partnerships based on mutually beneficial business goals and compatibilities. Buzz is poised to take the leadership position in turnkey Internet solutions in the Asian consumer market place.
The foregoing press release contains forward-looking statements based on the Company's beliefs as well as assumptions made by and information currently available to the Company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties which are identified and described in the company's registration statements and periodic reports on file with the SEC, some of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general.
In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate.
Source: Buzz Technologies, Inc.
---------------------------------------------- Buzz Technologies Inc. Sutida Suwunnavid +667-6239-209 7*712300.com www.12buzz.com
-------------------- The difference between genius and stupidity is that genius has its limits
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QMMG (.0115) Retains General Mining to Rehabilitate Pond Creek Mine
Feb 16, 2007 6:30:00 PM Copyright Business Wire 2007 PATERSON, N.J.--(BUSINESS WIRE)--
Quest Minerals & Mining Corp. (OTCBB: QMMG; Frankfurt: QMN.F), a Kentucky based operator of energy and mineral related properties, today announced that it has retained General Mining, LLC, of Wallins, Kentucky, to rehabilitate the company's Pond Creek Mine at Slater's Branch, Kentucky. Quest has also granted to General Mining a right of first refusal to act as the company's contract miner once the rehabilitation is completed.
Eugene Chiaramonte, Jr., President of Quest, stated, "We are very excited to have retained General Mining to rehabilitate the Pond Creek Mine. General Mining has over 30 years of experience in the coal mining industry and has an excellent reputation for providing quality work. We are looking forward to having General Mining as part of our team and we look forward to a prosperous relationship."
In addition to rehabilitating the mine, General Mining will proceed to obtain all necessary licenses from the requisite Federal and State authorities to allow it to complete the rehabilitation and commence mining operations.
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.
Source: Quest Minerals & Mining Corp.
---------------------------------------------- Quest Minerals & Mining Corp. Eugene Chiaramonte Jr. 973-684-0035
-------------------- The difference between genius and stupidity is that genius has its limits
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HISC (.0009)and Big Apple Consulting Settle Lawsuit Feb 16, 2007 5:22:00 PM ASHEVILLE, NC -- (MARKET WIRE) -- 02/16/07 -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that the lawsuit between Big Apple Consulting and Homeland Integrated Security Systems has been amicably settled.
On January 5, 2007, Evans Systems, along with Homeland Integrated Security Systems, was named a defendant in a lawsuit in which Big Apple Consulting, USA, Inc. was the plaintiff. The parties, taking into account the overall effect on the Evans shareholders, resolved their differences, and the final settlement agreement should be executed early next week. Details will be disclosed upon execution of the formal agreements.
About Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. Cyber Tracker technology has applications for data and tracking functions across numerous verticals, utilizing IDEN, GSM, and Satellite technologies.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
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PNGB (.42) Announces Agreement to Acquire Mynk Corporation
Business Wire "US Press Releases "
LOS ANGELES--(BUSINESS WIRE)--
Panglobal Brands Inc. (OTCBB:PNGB) ("Panglobal") announced today the signing of a share exchange agreement with Mynk Corporation and its shareholders to acquire all of the issued and outstanding shares of Mynk Corporation. Panglobal expects to complete the transaction and acquire Mynk Corporation as its wholly owned and operating subsidiary in March 2007.
In consideration for all of the 13,000,000 issued and outstanding shares of Mynk, Panglobal has agreed to exchange 3,749,995 of its shares; in addition, $390,000 of shareholder loans will be converted to 975,000 shares of Panglobal.
Mynk Corporation is located in Los Angeles and is engaged in the design, production and sale of clothing and accessories. It is through Mynk Corporation that Panglobal intends to begin its operations as a company engaged in the fashion industry.
The Panglobal shares to be issued pursuant to the share exchange agreement have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of the Securities Act of 1933. Panglobal has agreed to use its best efforts to file a registration statement in respect of the resale of half of the shares issued pursuant to the share exchange agreement within a reasonable time following the closing date of the agreement.
On behalf of the Board of Directors,
Stephen Soller, CEO and Director
PANGLOBAL BRANDS INC.
Notice Regarding Forward-Looking Statements:
This press release contains statements, which may constitute "forward-looking statements" regarding our intent, belief or current expectations. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this release include, among others, the expectation and/or claim, as applicable, that Panglobal will acquire Mynk Corporation as its wholly owned and operating subsidiary or that Panglobal will begin its operations as a company engaged in the fashion industry and that Panglobal will file a registration statement in respect of the resale of half of the shares issued pursuant to this share exchange agreement within a reasonable time following the closing date of this agreement.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the inherent uncertainties and speculative nature associated with the fashion industry; (ii) changes in economic conditions; (iii) the risk that Panglobal does not execute its business plan; and, (iv) the risk that the share exchange agreement does not close and Panglobal does not acquire Mynk Corporation as its subsidiary. These forward-looking statements are made as of the date of this news release and Panglobal assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although Panglobal believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in Panglobal's reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
Source: Panglobal Brands Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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Sorry juice I had to post it-thanks for the excellent thread BTW!
EPGL.OB
EP Global Communications, Inc. to Participate in Market News First (***.com) On-Line Interview Friday February 16, 2:04 pm ET
EP Global Communications, Inc. President and CEO, Joseph M. Valenzano, Jr., Will Speak With ***.com Interviewers on Tuesday, February 20
JOHNSTOWN, PA--(MARKET WIRE)--Feb 16, 2007 -- EP Global Communications, Inc. (OTC BB:EPGL.OB - News) today announced that CEO and President Joseph M. Valenzano would grant an interview to Market News First (***.com), a web-based news agency. The interview will air on ***.com on Tuesday, February 20 at 1:30 PM EST. Mr. Valenzano will discuss the history and mission of EP Global Communications, Inc. as well as inform listeners on some of the new and exciting programs and activities which EP is currently spearheading or is involved in. EP Global Communications, Inc. is the parent company of Exceptional Parent (EP) magazine. EP is a 36-year-old, award-winning publishing and communications company that provides practical advice, timely medical information and emotional support to families of children, adolescents, and adults with disabilities and special health care needs. EP's audience also includes the physicians, allied health care and educational professionals, who are involved in the care and development of people with disabilities.
EP Global Communications, Inc. uses a multi-media approach in disseminating information to its audience. This includes:
-- its monthly, award-winning publication, Exceptional Parent; -- its web site, http://www.eparent.com, which will launch a fresh, updated site in the spring of 2007; -- clinical, custom communications projects; -- the EP Bookstore (http://www.eplibrary.com) of disability books, videos, and tapes and; -- EPLiveOnline, through which EP delivers on-line interactive CME (Continuing Medical Education) and CEU (Continuing Education Units) accredited seminars & teleconferences on a wide range of special needs topics in the chronic long term disabilities and special needs community. EPLiveOnline is a joint venture between EP and Vemics, Inc. EP Global Communications, Inc. is pleased to announce several new initiatives, programs and article series that will characterize and shape the company's 2007 calendar year. These include:
-- EP U.S. Army Contract EP Global Communications, Inc. is the recipient of an $830,000 research contract for a U.S. Army Research Project entitled the "Exceptional Family Training and Transitioning Program," focusing on education and training in the developmental and special health care needs arena. EP is expected to deliver all service under the contract in 2007, commencing January 2007. The Company will work with the U.S. Army Medical Research and Material Command (USAMRMC) and Family and Morale, Welfare and Recreation Command's (Family and MWR Command) Exceptional Family Member Program (EFMP) program managers and families by providing a special U.S. Army section of Exceptional Parent Magazine and developing and implementing a series of online CME and CEU accredited interactive TV-quality seminars on a variety of disability specific topics. In addition, EP will be providing selections from the Exceptional Parent Bookstore, to be delivered to specified U.S. Army installations and special needs families, while at the same time continuing to extend this valuable information for public interest.
-- Mass Mutual Contract EP Global Communications, Inc. recently announced that MassMutual Financial group has renewed its annual sponsorship with EP by supporting the EP Disability Awareness Nights(tm) program in 2007. MassMutual, in conjunction with EP, has sponsored Disability Awareness Nights(tm) at Major League and Minor League Stadiums across the country since the program's inception in 2002. MassMutual has also committed to acquiring over 100 Vemics/EPLiveOnLine On Line Interactive TV Quality Systems for use in their SpecialCare(SM) program and throughout their Agency Network. Vemics stands for Visually Enhanced Multi-Point Interactive Communications System.
-- New EPLiveOnline Series on Spasticity EP Global Communications, Inc. and program sponsor, the EP Foundation for Education, Inc. (EPFE), recently announced the receipt of an unrestricted educational grant from a pharmaceutical company to develop six online interactive CME/CEU accredited educational programs. The title of the program is "Current Treatment Therapies for Spasticity in People with Movement Disorders." The series will utilize Vemics Inc.'s proprietary system that produces live, interactive, TV-quality programs online and is offered under the EPLiveOnline educational brand. A host of professionally distinguished physicians will be the presenters for this six part seminar series.
-- Wheelchair Transportation Safety (WTS) Series In 2007 EP will run a series of articles in its print publication on Wheelchair Transportation Safety that will enlighten about the basic principles of occupant protection and the products that provide safe travel for a person seated in a wheelchair in a motor vehicle. Authors for this series include a distinguished line-up of experts in the field of wheelchair transportation safety.
For more information, please contact Jan Hollingsworth at (814) 361-3860 x291 or jhollingsworth*eparent.com.
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WTVI (.047) Phone(TM) Usage Up as Net Users Prepare for Social Internet TV(TM) Launch on Tuesday February 18, 2007 - 4:39 AM EST New Online Dialer Offering Free Calls in Canada, U.S., U.K., and Australia Is Available for Free Download Immediately at Wi-FiTV.com With excitement building for the launch of the newest generation of Wi-Fi TV, there was a surge this weekend in usage of the Wi-FiTVPhone which is already available in its latest version for immediate download from Wi-Fi TV Inc. (PINKSHEETS: WTVI) at www.Wi-FiTV.com.
"Our technology partners for the Wi-FiTVPhone(TM) have informed us that there was a surge in usage this weekend, and it comes as excitement builds for the launch of the debut of Social Internet TV(TM), the latest version of the website www.Wi-FiTV.com," said Van Holster, Director, Wi-Fi TV Inc.
Wi-Fi TV is launching the next generation of Social Internet TV this Tuesday at www.Wi-FiTV.com with both the official launch of its new website and a webcast introducing the development team and providing an overview of the site.
One of the features of the new Wi-Fi TV is a phone dialer that is both free to download and provides free calls. The Wi-FiTVPhone (TM), powered by AdCalls, is already available in its latest version for an easy and 100% virus-free two-minute install.
Both the design and functionality of the Wi-FiTVPhone has recently been enhanced. In addition, hundreds of dollars in coupon savings are available on products and services within the local area of Wi-Fi TV members who download and use the Wi-FiTVPhone.
Wi-Fi TV members can simply use their PC to make calls to any home or business phone or cell phone in the U.S., Canada or Australia, any home or business phone in the U.K., or any PC worldwide. All calls are free (they are ad supported and drive traffic to the Wi-Fi TV web site). Global PC to PC service is between Wi-Fi TV members only, but Wi-Fi TV membership is now available free anywhere in the world, and Wi-Fi TV's web site, according to NeoTracker, has been visited by over 190 countries.
The Wi-FiTVPhone, thanks to AdCalls® technology, features crystal-clear digital sound. Only coupon and special offers related to the dialer's local area are displayed.
Ideal applications include home PCs, wireless laptops, office environment, PC to PC worldwide, and PC to phone.
To start the 2-minute one-time and totally free download of the Wi-FiTVPhone go to any Country or Category page at www.Wi-FiTV.com. Wi-Fi TV memberships are also available in a fast and free sign-up process at the Wi-Fi TV web site.
Wi-Fi TV Is a Pioneer In Online TV
Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet and was established twelve years ago, and provided the first online movie in December 1995. Wi-Fi TV will be introducing targeted video advertising throughout its web site and Wi-Fi TV Stations when the next generation of the web site launches on Feb. 19. The Wi-Fi TV web site 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, and download a dialer and make free phone calls all on one web site.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
Ownership of Wi-Fi TV Stations is available at $25,000 (full details are on the web site www.Wi-FiTV.com). Several financing options are available.
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Press Relations
Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-FI TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
Source: Market Wire (February 18, 2007 - 4:39 AM EST)
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WTVI (.047) Sneak Previews Tonight With Webcast and Official Site Launch Set for 1 PM PST on Tuesday
Monday, February 19 2007 12:11 PM, EST
Market Wire "US Press Releases "
NEWPORT BEACH, CA -- (MARKET WIRE) -- 02/19/07 -- Sneak previews in select areas this evening will be followed by an official global launch and webcast by Wi-Fi TV Inc. (PINKSHEETS: WTVI) on Tuesday, at 1 PM PST, of Social Internet TV(TM).
The Wi-Fi TV platform will offer live TV, Wi-Fi TV Member Video Channels, Wi-Fi TV Member Profiles, Live Chat that is specific to individual content, audio/video MyWi-FiParty(TM) rooms, free Wi-FiTVPhone(TM) calls, and the most interactivity ever associated with TV on the Internet. Wi-Fi TVA(TM) -- Wi-Fi Targeted Video Advertising -- is part of the new generation Wi-Fi TV platform.
Wi-Fi TV memberships are free with a quick one-time sign-up process.
Wi-Fi TV Is a Pioneer In Online TV
Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet and was established twelve years ago, and provided the first online movie in December 1995. The Wi-Fi TV web site 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, and download a dialer and make free phone calls all on one web site.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
Ownership of Wi-Fi TV Stations is available at $25,000 (full details are on the web site www.Wi-FiTV.com). Several financing options are available.
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Press Relations
Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
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WHKA (.0037) Global Developments Files Complaint Against World Hockey Association in Nevada Federal Court Feb 19, 2007 12:31:00 PM 2007 *********wire, Inc. VANCOUVER, British Columbia, Feb. 19, 2007 (PRIME NEWSWIRE) -- Global Developments Inc. (Pink Sheets:GDVM), a publicly traded company, has filed a complaint in the United States District Court, District of Nevada against the World Hockey Association Corp. (Pink Sheets:WHKA), a junior hockey league, alleging, among other causes of action, irregularities in the issuance of approximately 200,000,000 shares to management and other insiders over the past few months. The Complaint also names WHKA's officers and directors, William Richard Smith, Robert Hull and Peter Young, as individual defendants.
The Complaint alleges Breach of Contract, Breach of Good Faith, Unjust Enrichment, Breach of Fiduciary Duty, as well as violation of several State Securities Laws. About Global Developments
Global Developments, Inc. was formed to create a unique investment vehicle representing a growing portfolio of innovative and emerging growth-oriented companies. Global acquires its portfolio companies either as wholly or partially owned subsidiaries, or as an investment where Global is the lead investor or parent company. As a result, Global maintains substantial management and operational control, thereby giving it the ability to provide significant oversight and guidance in building value and creating liquidity events for its shareholders. Global invests in companies with solid management, operational excellence, and the potential to grow substantial revenue streams.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
CONTACT: Global Developments, Inc. Leighton Dean (604) 685-7552 ldean*globaldevelopmentsinc
-------------------- The difference between genius and stupidity is that genius has its limits
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NXNO (.165) Projects Sales Backlog of $1.7 Million in February
Business Wire "US Press Releases "
HOUSTON--(BUSINESS WIRE)--
Nexus Nano Electronics (Pink Sheets:NXNO) announced today that February sales backlog is expected to exceed $1.7 million. Mel Roseman, Chief Operating Officer of Nexus Nano, commented, "Nexus is seeing sales growth from our customers that are resulting in growing volumes of sales backlog. Achieving this sales backlog is subject to parts deliveries from our suppliers, but our growing sales backlog is a good indicator of our future business direction."
About Turnaround Partners, Inc. and Corporate Strategies, Inc. - Turnaround Partners, Inc. (OTCBB:TRNP) provides hedge funds, banks, and portfolio investors with business growth, organizational restructuring, and turnaround execution services for emerging and re-emerging public companies through our wholly owned subsidiary, Corporate Strategies, Inc. (www.corporate-strategies.net). Turnaround Partners is unique because we accept payment for our services in the common stock of the companies we serve, aligning our interests with those of the client's shareholders and preserving their corporate cash reserves for working capital and growth. As Turnaround Partners succeeds, the shareholders of our valued clients succeed. Turnaround Partners believes our approach provides Turnaround Partners shareholders with an opportunity to realize greater gains than merely receiving cash payments for our services. We consider Turnaround Partners to be the ultimate business resource for emerging and re-emerging public companies.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Turnaround Partners, Inc./Corporate Strategies, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Turnaround Partners, Inc./Corporate Strategies, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Turnaround Partners, Inc./Corporate Strategies, Inc.'s filings with the Securities and Exchange Commission.
Source: Nexus Nano Electronics
-------------------- The difference between genius and stupidity is that genius has its limits
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SKIPPACK, PA -- (MARKET WIRE) -- 02/19/07 -- Enterayon, Inc. (PINKSHEETS: ETYN) announced today that it has expanded its Silver Leaf Property in southeastern British Columbia with the acquisition of another 1,719 acres adjacent to its previously announced claims area.
The Silver Leaf Property is located near Speculator Creek, 8 kilometres east-northeast of Slocan, BC, and now consists of 8 claim units covering approximately 1,000 hectares (2,471 acres).
The newly acquired claims include the Riverside, Slocan Prince, and Hampton mines. The Riverside produced an average of 1,534 grams (49 ounces) per tonne silver, and has assayed up to 3,000 grams (96 ounces) per tonne silver. Past production from the Slocan Prince and Hampton mines has averaged 10,000 grams (321 ounces) and 16,817 grams (540 ounces) per tonne silver, respectively. A newly discovered vein documented in Assessment Report 23054 reports assays as high as 657 ounces per tonne silver.
The Silver Leaf Property also includes the rights to the surface ore dump from the nearby Arlington mine. According to BC MINFILE 082FNW152, this surface ore represents proven reserves of 43,114 tonnes at 15.68 ounces per tonne silver. This equates to 676,238 ounces of silver that should be available for immediate extraction. The company plans to commission a feasibility study in the spring to verify the reserves and provide the logistics for startup operations for the immediate extraction of the silver from the surface ore.
About Enterayon, Inc.
Enterayon, Inc. engages in the exploration, acquisition, development, and mining of precious metal and other mineral properties. By combining state-of-the-art technology with traditional acquisition targeting, the company's mission is to build a portfolio of viable mining prospects throughout the world and developing them to their full economic potential. Enterayon's wholly owned subsidiary, North Bay Resources, Inc., is a pure gold company whose mission is to generate 100% of its revenue from sales of gold.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Enterayon, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Enterayon, Inc. or any other person that the objective and plans of Enterayon, Inc. will be achieved.
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BCYR (.01)Portable Music System Allows You to Listen to Your Own Music Anywhere
Monday, February 19 2007 9:01 AM, EST
PR Newswire "US Press Releases "
LOS ANGELES, Feb. 19 /PRNewswire-FirstCall/ -- Barclay Road, Inc. (Pink Sheets: BCYR) announced today that they are in the process of providing a unique new service which should revolutionize the music industry.
Both General Motors and Ford Motor Co. plan to unveil a deal with Microsoft Corp in January that will put the software company's technology into some of the automaker's cars, The Wall Street Journal reported on Friday, citing people familiar with the matter.
The system, known as Sync, is designed to allow hands-free mobile phone communication and other wireless information transfers in the car, including email and music downloads, the sources told the WSJ.
The Sync system will be a strong platform for the Barclay Road system although a spokesperson from Barclay Road said that Sync was not needed to power their technology.
"We at Barclay Road decided to create and implement a system which would work with current technology rather than recreating the wheel. Our audio projection system should be able to send a stream of music content from a computer and direct it to any audio producing equipment including but not limited to car stereos, home stereos, hand held devices, computers, lap tops and cell phones," said a company spokesperson.
About Barclay Road
Barclay Road is an entertainment and media company, they also own Lifetime Books.
Forward-looking Statements
Except for historical matters contained herein, the matters discussed in this press release are forward looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Barclay Road, Inc. and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are: Barclay Road, Inc.'s operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms; and those risks discussed in the Company's filings.
The Company would also like to welcome all new shareholders present or future to visit our website at www.BarclayRoad.com .
Contact Information:
Investor Relations Barclay Road, Inc. 514 807 5245
SOURCE Barclay Road, Inc.
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SIRIUS and XM to Combine in $13 Billion Merger of Equals Mel Karmazin to Serve as Chief Executive Officer and Gary Parsons to Serve as Chairman of Combined Company Feb 19, 2007 2:47:00 PM WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- XM Satellite Radio (Nasdaq: XMSR) and SIRIUS Satellite Radio (Nasdaq: SIRI) today announced that they have entered into a definitive agreement, under which the companies will be combined in a tax-free, all-stock merger of equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion.
Under the terms of the agreement, XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they own. XM and SIRIUS shareholders will each own approximately 50 percent of the combined company.
Mel Karmazin, currently Chief Executive Officer of SIRIUS, will become Chief Executive Officer of the combined company and Gary Parsons, currently Chairman of XM, will become Chairman of the combined company. The new company's board of directors will consist of 12 directors, including Messrs. Karmazin and Parsons, four independent members designated by each company, as well as one representative from each of General Motors and American Honda. Hugh Panero, the Chief Executive Officer of XM, will continue in his current role until the anticipated close of the merger.
The combined company will benefit from a highly experienced management team from both companies with extensive industry knowledge in radio, media, consumer electronics, OEM engineering and technology. Further management appointments will be announced prior to closing. The companies will continue to operate independently until the transaction is completed and will work together to determine the combined company's corporate name and headquarters location prior to closing.
The combination creates a nationwide audio entertainment provider with combined 2006 revenues of approximately $1.5 billion based on analysts' consensus estimates. Today the companies have approximately 14 million combined subscribers. Together, SIRIUS and XM will create a stronger platform for future innovation within the audio entertainment industry and will provide significant benefits to all constituencies, including:
* Greater Programming and Content Choices -- The combined company is committed to consumer choice, including offering consumers the ability to pick and choose the channels and content they want on a more a la carte basis. The combined company will also provide consumers with a broader selection of content, including a wide range of commercial-free music channels, exclusive and non-exclusive sports coverage, news, talk, and entertainment programming. Together, XM and SIRIUS will be able to improve on products such as real-time traffic and rear-seat video and introduce new ones such as advanced data services including enhanced traffic, weather and infotainment offerings.
* Accelerated Technological Innovation -- The merger will enable the combined company to develop and introduce a wider range of lower cost, easy-to-use, and multi-functional devices through efficiencies in chip set and radio design and procurement. Such innovation is essential to remaining competitive in the consumer electronics-driven world of audio entertainment.
* Benefits to OEM and Retail Partners -- The combined company will offer automakers and retailers the opportunity to provide a broader content offering to their customers. Consumer electronics retailers, including Best Buy, Circuit City, RadioShack, Wal-Mart and others, will benefit from enhanced product offerings that should allow satellite radio to compete more effectively.
* Enhanced Financial Performance -- This transaction will enhance the long-term financial success of satellite radio by allowing the combined company to better manage its costs through sales and marketing and subscriber acquisition efficiencies, satellite fleet synergies, combined R&D and other benefits from economies of scale. Wall Street equity analysts have published estimates of the present value of cost synergies ranging from $3 billion to $7 billion.
* More Competitive Audio Entertainment Provider -- The combination of an enhanced programming lineup with improved technology, distribution and financials will better position satellite radio to compete for consumers' attention and entertainment dollars against a host of products and services in the highly competitive and rapidly evolving audio entertainment marketplace. In addition to existing competition from free "over-the-air" AM and FM radio as well as iPods and mobile phone streaming, satellite radio will face new challenges from the rapid growth of HD Radio, Internet radio and next generation wireless technologies. "We are excited for the many opportunities that an XM and SIRIUS combination will provide consumers," said Gary Parsons, Chairman of XM Satellite Radio and Hugh Panero, CEO of XM Satellite Radio, in a joint statement. "The combined company will be better positioned to compete effectively with the continually expanding array of entertainment alternatives that consumers have embraced since the Federal Communications Commission (FCC) first granted our satellite radio licenses a decade ago."
"This combination is the next logical step in the evolution of audio entertainment," said Mel Karmazin, CEO of SIRIUS Satellite Radio. "Together, our best-in-class management team and programming content will create unprecedented choice for consumers, while creating long-term value for shareholders of both companies. The combined company will be positioned to capitalize on SIRIUS and XM's complementary distribution and licensing agreements to enhance availability of satellite radios, offer expanded content to subscribers, drive increased advertising revenue and reduce expenses. Each of our companies has a strong commitment to providing listeners the broadest range of music, news, sports and entertainment and the best customer service possible. We look forward to sharing the benefits of the exciting new growth opportunities this combination will provide with all of our stakeholders."
The transaction is subject to approval by both companies' shareholders, the satisfaction of customary closing conditions and regulatory review and approvals, including antitrust agencies and the FCC. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007.
SIRIUS's financial advisor on the transaction is Morgan Stanley and Simpson Thacher & Bartlett LLP and Wiley Rein LLP are acting as legal counsel. XM's financial advisor on the transaction is J.P. Morgan Securities Inc. and Skadden Arps, Slate, Meagher & Flom LLP; Jones Day; and Latham & Watkins LLP are acting as legal counsel.
Conference Call and Webcast Information
The companies will hold a joint conference call and webcast on Tuesday, February 20, 2007 at 8:30 AM ET to discuss this announcement. The conference call can be monitored by dialing 800-573-4840 within the U.S. and 617-224-4326 for all other locations, passcode 29490052. The webcast can be accessed at http://www.sirius.com and http://www.xmradio.com as well as on their satellite radio services by tuning to SIRIUS channel 122 and XM channel 200. The webcast will be archived at http://www.sirius.com and http://www.xmradio.com.
About SIRIUS
SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by-play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.
SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at http://shop.sirius.com.
SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.
Click on http://www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.
About XM
XM (Nasdaq: XMSR) is America's number one satellite radio company with more than 7.6 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2007 lineup includes more than 170 digital channels of choice from coast to coast: commercial-free music, premier sports, news, talk radio, comedy, children's and entertainment programming; and the most advanced traffic and weather information.
XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Hyundai, Nissan, Porsche, Subaru, Suzuki and Toyota is available in 140 different vehicle models for 2007. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc., including potential synergies and cost savings and the timing thereof, future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," or words of similar meaning. Such forward- looking statements are based upon the current beliefs and expectations of SIRIUS' and XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM. Actual results may differ materially from the results anticipated in these forward-looking statements.
The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: general business and economic conditions; the performance of financial markets and interest rates; the ability to obtain governmental approvals of the transaction on a timely basis; the failure of SIRIUS and XM shareholders to approve the transaction; the failure to realize synergies and cost-savings from the transaction or delay in realization thereof; the businesses of SIRIUS and XM may not be combined successfully, or such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected; and operating costs and business disruption following the merger, including adverse effects on employee retention and on our business relationships with third parties, including manufacturers of radios, retailers, automakers and programming providers. Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' and XM's Annual Reports on Form 10-K for the year ended December 31, 2005, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2006, June 30, 2006 and September 30, 2006 which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and Sirius and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this press release.
Important Additional Information Will be Filed with the SEC
This communication is being made in respect of the proposed business combination involving SIRIUS and XM. In connection with the proposed transaction, SIRIUS plans to file with the SEC a Registration Statement on Form S-4 containing a Joint Proxy Statement/Prospectus and each of SIRIUS and XM plan to file with the SEC other documents regarding the proposed transaction. The definitive Joint Proxy Statement/Prospectus will be mailed to stockholders of SIRIUS and XM. INVESTORS AND SECURITY HOLDERS OF SIRIUS AND XM ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.
Investors and security holders will be able to obtain free copies of the Registration Statement and the Joint Proxy Statement/Prospectus (when available) and other documents filed with the SEC by SIRIUS and XM through the web site maintained by the SEC at http://www.sec.gov. Free copies of the Registration Statement and the Joint Proxy Statement/Prospectus (when available) and other documents filed with the SEC can also be obtained by directing a request to Sirius Satellite Radio Inc., 1221 Avenue of the Americas, New York, NY 10020, Attention: Investor Relations or by directing a request to XM Satellite Radio Holdings Inc., 1500 Eckington Place, NE Washington, DC 20002, Attention: Investor Relations.
SIRIUS, XM and their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding SIRIUS' directors and executive officers is available in its Annual Report on Form 10-K for the year ended December 31, 2005, which was filed with the SEC on March 13, 2006, and its proxy statement for its 2006 annual meeting of stockholders, which was filed with the SEC on April 21, 2006, and information regarding XM's directors and executive officers is available in XM's Annual Report on Form 10-K, for the year ended December 31, 2005, which was filed with the SEC on March 3, 2006 and its proxy statement for its 2006 annual meeting of shareholders, which was filed with the SEC on April 25, 2006. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Joint Proxy Statement/Prospectus and other relevant materials to be filed with the SEC when they become available.
Contacts
SIRIUS Media Relations Patrick Reilly 212-901-6646 PReilly*siriusradio.com
Investor Relations Paul Blalock 212-584-5174 PBlalock*siriusradio.com
Investor Relations Joseph Wilkinson 202-380-4008 Joe.Wilkinson*xmradio.com
Richard Sloane 202-380-1439 Richard.Sloane*xmradio.com SOURCE SIRIUS Satellite Radio; XM Satellite Radio
---------------------------------------------- Patrick Reilly Media Relations +1-212-901-6646 PReilly*siriusradio.com or Paul Blalock Investor Relations +1-212-584-5174 PBlalock*siriusradio.com or Hooper Stevens Investors Relations +1-212-901-6718 HStevens*siriusradio.com all of SIRIUS or Nathaniel Brown Media Relations +1-212-708-6170 Nathaniel.Brown*xmradio.com or Chance Patterson Media Relations +1-202-380-4318 Chance.Patterson*xmradio.com or Joseph Wilkinson Investor Relations +1-202-380-4008 Joe.Wilkinson*xmradio.com or Richard Sloane Investor Relations +1-202-380-1439 Richard.Sloane*xmradio.com all of XM
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JMCP (.0001) Appointing New President and CEO Feb 19, 2007 3:59:00 PM Copyright Business Wire 2007 CHICAGO--(BUSINESS WIRE)--
James Monroe Capital Corporation (Pink Sheets:JMCP) has announced that it is in the process of appointing a new company president and CEO, Frank Love.
All current officers and independent contractors of James Monroe Capital will remain involved with the company. Mr. Love is excited about the projects that James Monroe Capital presently has, and has been in talks with numerous other parties about possible new business to bring to the shareholders.
Principal shareholder Taylor Moffitt said, "After talking with several top notch candidates, Chris McGovern and I feel that Frank Love is in the best possible position to represent our interests as shareholders, and bring value to the table. He has enthusiasm, energy, and has been in talks regarding a handful of deals that Chris and I are very excited about. He agrees with our position of 'no reverse stock splits' and cares about both his reputation and the long-term interests of his shareholders.
CEO Chris McGovern commented, "This is an amazing opportunity to see James Monroe Capital moving forward into a bright future. I believe that Frank Love has the integrity and the determination see growth come to fruition. He is committed to the interests of all long-term shareholders and believes in our vision of the company's future."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Source: James Monroe Capital Corporation
---------------------------------------------- James Monroe Capital Corporation Northbrook Chris McGovern 847-418-3848
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AXcess News: Envrio-Ag Company Benefits from Higher Silver Prices Feb 19, 2007 4:49:00 PM Copyright Business Wire 2007 HOUSTON--(BUSINESS WIRE)--
Higher gold and silver prices this month may have gotten a boost from higher oil, but a little-known enviro-ag company in Reno, Nevada is apt to benefit from it considering it's the only maker of a pure 5-ounce silver bar in the U.S.
Itronics, Inc. (OTCBB: ITRO) operates the only plant in North America approved by the Environmental Protection Agency to recycle photochemicals, removing the heavy metals and turning the liquids into an environmentally friendly liquid fertilizer it markets under the GOLD'n GRO label. But it also removes the silver and from it manufactures a 5-ounce pure silver bar of numismatic quality which every year are numbered, pushing the silver bars' value up as collectors snap them up.
Itronics announced on January 23 that it was making its 2007 limited edition Silver Nevada Miner bars available to the public. It marks the seventh year in a row that the Company has offered a limited edition 5-ounce silver bar to the public and with it, growing demand.
Itronics founder Dr. John Whitney credited the public's rising interest in silver for the substantial increase in sales. "In 2006 the price of silver was up 58 percent, generating significant consumer interest in this precious metal," said Dr. Whitney.
While sales rose substantially Itronics has had to go outside to buy silver in larger quantities in order to keep up with demand. That has meant buying the commodity on spot prices, which in the last month have been rising. That increase could support better margins for Itronics silver sales in the upcoming period.
Just days before the 2007 series Silver Nevada Miner bars were announced, Itronics reported that fourth quarter sales of silver bars rose 235 percent over the same period last year while fertilizer sales climbed 47 percent. But with silver prices closing in the $14 per ounce range on Friday, its existing inventory should add to the company's first quarter results. In a telephone interview, Whitney said that though silver prices were higher the increase would not be that substantial to Itronics' overall results, pointing out that GOLD'n GRO revenue was far outpacing silver bars. Dr. Whitney declined to give an early forecast ahead of the company's filings.
Monday, spot silver traded $14.02 to $14.07 an ounce in London, up from Friday's $13.95 to $14.00 price range. Commodity markets in the U.S. were closed Monday due to President's Day, so contract demand was also up on that exchange.
Note to Editors: "News Features" are stories provided to publishers copyright-free for print or online display at no charge. All we ask is that publishers include our byline (AXcess News) as the source, and a link to our Web site: http://www.axcessnews.com. If you are interested in displaying our news on a regular basis, please contact our editorial department at: 775-841-5368.
Source: AXcess News
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TZMT (.12): Technology Update - Problems continue with Palm solution Feb 19, 2007 5:00:00 PM ORLANDO, Fla., Feb. 19 /PRNewswire-FirstCall/ -- Telzuit Medical Technologies, Inc. (OTC Bulletin Board: TZMT) announced that it has successfully migrated its STATPATCH Holter Monitor software to a Windows- Mobile and Windows environment. This platform will enable Telzuit to use a variety of PDA's that work on a Windows-Mobile operating system. The Company believes it will also be able to use the STATPATCH system directly on PC's utilizing Windows. The next steps for the Company are to synchronize the patch to the Windows and Windows-Mobile solution and then to test the product in a real time setting.
The Company still has had problems using the Palm Treo system. The problems with the Palm were replicated by the Company's outside consulting firm, who along with the Palm engineers are continuing to test solutions to these problems.
While no time frame has been set to solve these problems, Telzuit still hopes to release the STATPATCH Holter Monitor System for general release during the current fiscal year.
About Telzuit Medical Technologies, Inc.
Telzuit Medical Technologies, Inc. is dedicated to providing advanced mobile medicine to patients. The STATPATCH System is a full 12-lead, completely wireless Holter monitor. The STATPATCH System has been approved by the FDA under a 510-K filing. Telzuit also operates two walk-in medical clinics in the Orlando area and provides ultrasound medical imaging services to physicians in Central Florida through six mobile imaging units. Telzuit is based in Orlando. For more information about Telzuit, its business model and its products, please visit the Company's web site: http://www.telzuit.com
Forward Looking Statements: Except for factual statements made herein, the information contained in this press release consists of forward looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the health products industry, customer acceptance of products, and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Telzuit results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and Telzuit undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
Contact:
Jerry Balter Chief Financial Officer Telzuit Medical Technologies, Inc. 407-354-1222 SOURCE Telzuit Medical Technologies, Inc.
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WWEN (.042) Begins Demonstrations of GAT Reactor Feb 19, 2007 7:33:00 PM 2007 *********wire, Inc. NEW YORK, Feb. 19, 2007 (PRIME NEWSWIRE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of Green Energy, is pleased to announce it has started to schedule customer demonstrations of its GAT reactor at Drexel Plasma Institute in Philadelphia.
The demonstrations will include the conversion of customer supplied material to syngas and the subsequent burning of the syngas in a small natural gas generator.
Mr. Michael McLaren states, "We are approaching the final steps in our development of a low cost, scalable, energy efficient system to convert multiple feedstocks into clean usable syngas." "W2 Energy is very excited at the success of our project and we are stunned by the results of our tests, the data that we have received on the reactor's efficiency and ability to convert a wide range of feedstock into usable low cost syngas is truly impressive."
Mr. McLaren also stated, "W2 Energy has always taken the position that we would not produce energy or fuel from food products when so many in the world still go hungry." "Our new process gives us the ability to create clean, renewable energy from a wide variety of non-food sources."
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company on the OTC (Symbol WWEN) that develops renewable energy technologies and applies it to new generation electrical power systems. Specifically, W2 Energy Inc. produces Green Power utilizing its core-patented technologies to produce green power generating and clean transportation fuel plants utilizing biomass and GTL technologies. W2 Energy Inc. has seasoned management and cutting edge technology. W2 Energy Inc. owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
DEERFIELD BEACH, Fla., Feb. 20, 2007 (PRIME NEWSWIRE) -- Red Reef Laboratories International, Inc. (Pink Sheets:RRLB) anticipating growth announces the formation of an Advisory Board.
Red Reef Labs' plans for future development and growth will require expertise and skills that management has made available through the formation of an elite Advisory Board.
Mr. Jordan Serlin, a shareholder in Red Reef contacted management and suggested the company form an Advisory Board and offered his services. Management seized the opportunity to add Mr. Serlin's broad experience and knowledge in development stage companies to the decision making process at Red Reef.
Mr. Serlin is currently President of Cenuco, Inc., a division of Ascendia Brands (AMEX:ASB). Cenuco is a leading pioneer in cellular software services. Mr. Serlin has served in this post since 2003. The company moved to the American Stock exchange in 2004, under Mr. Serlin's direction, reaching nearly $100 million in market value. Named one of Silicon Alley Reporter's "Top Internet Entrepreneurs to Watch" in the 1990s, Mr. Serlin served as the Chief Marketing Officer for ***************, helping to guide that firm to a $90 million Initial Public Offering, and a revenue sharing engagement with Time Warner, Inc., valued in excess of $100 million. Mr. Serlin was also the founding CEO for WeMedia.com, the world's first Internet portal for people with disabilities. He sold his interest in the company in a private sale in 1999 for a non-published amount.
Mr. Kurt Rahn, a senior level executive in the IT industry with over 20 years of corporate experience working at Avon Products, Kraft Foods and as a consultant to IBM, has also generously agreed to join the company's Advisory Board. Mr. Rahn's strengths are in systems analysis, database design and systems integration supporting sales and supply chain systems, order tracking and fulfillment, forecast reporting and overall corporate information architecture. Mr. Rahn's input will be invaluable as Red Reef acquires operating companies and expands operations, and will need to integrate data collection systems among subsidiaries and branches interstate and internationally. Mr. Rahn's knowledge and experience extends beyond IT and will be called upon for advice in various decision making situations.
"Other respected members of our business community are being considered for membership on our Advisory Board in the areas of expertise the company feels will best enhance stability, maximize opportunities and benefit our shareholders," commented Dr. Claus Wagner-Bartak, President of Red Reef Labs.
Recently Red Reef announced the formation of a joint venture with JDM Capital in NYC, for the purpose of acquiring properties discounted due to various remediation requirements. Red Reef intends to acquire an established full service operation and/or expand its own remediation company, utilizing proprietary green protocols and products to restore these properties to their former full market values. This venture and other initiatives have encouraged Red Reef to bring in outside ideas and experience in the form of the Advisory Board and by recruiting key personnel.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
To access more information, please visit our web site at www.rrlabs.biz.
CONTACT: Red Reef Laboratories International, Inc. Dr. Claus Wagner-Bartak 954-725-9475
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XTMS (.008) to Provide Stock and Cash Dividend to Shareholders
Market Wire "US Press Releases "
BAKERSFIELD, CA -- (MARKET WIRE) -- 02/20/07 -- Xtreme Motorsports of California, Inc. (PINKSHEETS: XTMS) ("Xtreme" or the "Company"), today announced a stock and cash dividend to shareholders of record as of February 12, 2006. The Company is in the process of determining the exact amounts of the stock and cash dividend and will release additional information on or before February 28, 2007. Xtreme anticipates completing the distribution on or before June 1, 2007.
This cash and stock dividend is intended to protect shareholders and address the recent drop in share price during the week of February 5, 2007, which the Company believes is the result of reputable brokerages engaging in the illegal practice of naked short selling. The Company will consider taking further action if this activity continues.
While purchasers who have bought this "naked-shorted" stock may not be able to participate in the proposed dividend distribution, they may have a claim or cause of action against their brokers or the seller of the non-existent stock. For this reason, the Company is urging shareholders to contact their brokers to determine if they purchased naked-shorted stock.
"Our intent is to both protect and reward shareholders, as well as to cause any short sellers to cover their positions," commented Alan McCaa, President & CEO of Xtreme Motorsports. "On an annual basis, Xtreme will evaluate the distribution of a dividend to shareholders and hope to increase the amount in the future.
"Overall, our goal is to maintain and grow shareholder value, and we have been working diligently to professionalize and grow our operations as part of that commitment. The recent drop in stock price is of concern and we hope the dividend will assure shareholders we are acting as good stewards of their investment," McCaa continued.
About Xtreme Motorsports of California, Inc.
Xtreme Motorsports is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Xtreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the U.S. For more information, visit the corporate web site www.xmssandcars.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
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Phoenix Signs $20 Million Sand & Gravel Contract Contract With Cherokee Environmental Construction, Inc. for Aggregate and Sand From Its Murphy Sand & Gravel Site in Pearl River Feb 20, 2007 5:00:00 AM MADISONVILLE, LA -- (MARKET WIRE) -- 02/20/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced a contract signed with Cherokee Environmental Construction, Inc. for up to $20 million in aggregate and sand to be mined at the Murphy Sand & Gravel (MS&G) mine site in Pearl River, LA, and to be delivered to Cherokee in increasing quantities over the next twelve months.
Paul Alonzo, President and CEO of Phoenix, commented, "Back in October we announced that we were moving forward to greatly increase the production capacity of its MS&G mining site. With that expansion underway we are well equipped to handle the increasing volume requirements of our new contract with Cherokee."
Mr. Alonzo continued, "We plan to continue to move a vast amount of new mining equipment to the MS&G mine site over the next few quarters so we will be prepared to meet the growing demand from Cherokee and other potentially larger contractors in the Greater Gulf region for products that come out of our Pearl River mining operation. Based on our latest expectations for MS&G, we anticipate full depletion of the mine to likely occur in five to seven years."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz
Forward Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
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MENV (.067) has Increased Alberta Oil Sands Acreage Approximately 4,500% in 2007
PR Newswire "US Press Releases "
VANCOUVER, Feb. 20 /PRNewswire-FirstCall/ - Micron Enviro Systems, Inc. (OTCBB: MENV) (Frankfurt Stock Exchange: NDDA - WKN: A0J3PY - ISIN: US59510E2072) ("Micron") Micron has increased its net land holdings in the Alberta Oil Sands by approximately 4,500% in 2007. Micron acquired an impressive 50% interest in sixteen new Oil Sands sections in Alberta, Canada in 2007 which constitutes an increase of approximately 4,500% in our net acreage from Micron's 2006 total. These sixteen new sections are comprised of the following contiguous prospects:
Fort McMurray Prospect - Micron has acquired 50% of two new sections located within and contiguous to the city of Fort McMurray in Alberta. Fort McMurray is the primary city where most of the largest Oil Sands facilities are located including Syncrude, Suncor and Petro-Canada.
Peace River Prospect - Micron now has a 50% interest in eight contiguous sections in the Peace River Oil Sands Region in close proximity to the Shell/BlackRock Seal Project. Shell recently bought BlackRock Ventures for $24 per share. Shell has stated there is exposure to over one billion barrels of oil in place at the Seal property.
Western Athabasca Prospect - Micron has 50% interest in six contiguous sections bordered by Paramount Energy and is situated directly above the massive Oil Sands package that the Royal Dutch Shell paid approximately $450,000,000 for.
As well as the above mentioned prospects, Micron also has interests in three additional Alberta Oil Sands leases. Two of these other sections are located in close proximity to our existing Leismer Prospect that is currently being worked on. The other sections are located in close proximity to the Royal Dutch Shell's $450,000,000 recent purchase.
Micron plans to acquire additional land in the Alberta Oil Sands in the near future.
Not only has Micron substantially increased its Alberta Oil Sands leases, Micron has just been notified by the operator of the Leismer Oil Sands Prospect that, "Interpretation of the seismic data, core hole data and log data has confirmed our initial evaluation of the data on the Leismer Prospect. With further drilling there may be more than one potential SAGD oil sand pod on the property. Based on our oil sands model it appears that the formation is similar to the Petrobank channel directly to the SE of our property. Based on this data, the thickness of the McMurray Oil Sands Formation could be 22 metres (72 gross feet)." A more intense work program is now being formulated with the ultimate goal of going into production on this prospect in the near future. This prospect lies directly between Petrobank and North American Oil Sands. Petrobank has stated a potential resource of 1.6 billion barrels and North American Oil Sands with a stated 4.09 billion potential barrels in ground.
Bernard McDougall, Micron's president stated, "Management is extremely excited about the recent news from the company. Not only has there been a net increase of 4,500% in Alberta Oil Sand acreage, but Micron has received very positive news from the Leismer Oil Sands Prospect in the past week. Management feels that the market may not understand the importance of the recent announcements, considering the shares are still below the high, despite adding substantially to the underlying assets and now achieving milestone type results on our Leismer Oil Sands Prospect so far. Considering Micron only has a market capitalization of approximately $25 million at the moment, we feel that 2007 should be a break out year and expect that when Micron's story is properly explained, especially at the upcoming trade shows, Micron shares should reflect the significant achievements made so far in 2007."
Micron has also confirmed that representatives from the company will be attending two significant financial trade shows, one in Toronto, Canada on March 4-7 2007, and the other in Stuttgart, Germany on March 16-18, 2007.
Micron is an emerging oil and gas company that now has exposure to seven separate leases consisting of intrest in 20.5 gross sections in the Oil Sands of Alberta, Canada, which is the largest Oil Sands region in the world, and has minor production from multiple conventional oil and gas wells. Micron's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. Micron continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects.
If you have any questions, please call Micron at (604) 646-6903. If you would like to be added to Micron's update email list, please send an email to info*micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at http://www.SEC.gov. For all details regarding working interests in all of MENV's oil and gas prospects or any previous news releases go to the SEC website. You should independently investigate and fully understand all risks before making investment decisions.
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PBLS (.017) Signs $20 Million Sand & Gravel Contract
Market Wire "US Press Releases "
MADISONVILLE, LA -- (MARKET WIRE) -- 02/20/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced a contract signed with Cherokee Environmental Construction, Inc. for up to $20 million in aggregate and sand to be mined at the Murphy Sand & Gravel (MS&G) mine site in Pearl River, LA, and to be delivered to Cherokee in increasing quantities over the next twelve months.
Paul Alonzo, President and CEO of Phoenix, commented, "Back in October we announced that we were moving forward to greatly increase the production capacity of its MS&G mining site. With that expansion underway we are well equipped to handle the increasing volume requirements of our new contract with Cherokee."
Mr. Alonzo continued, "We plan to continue to move a vast amount of new mining equipment to the MS&G mine site over the next few quarters so we will be prepared to meet the growing demand from Cherokee and other potentially larger contractors in the Greater Gulf region for products that come out of our Pearl River mining operation. Based on our latest expectations for MS&G, we anticipate full depletion of the mine to likely occur in five to seven years."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz
Forward Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
Contact: Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline.net
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LDHI (.0091) Announces Acquisition of New Subsidiary and Worldwide Marketing Rights to Serotrim Patented Weight Loss Drink and 'The Serotrim(R) Power Diet'
PR Newswire "US Press Releases "
ORANGE, Calif., Feb. 20 /PRNewswire-FirstCall/ -- Liberty Diversified Holdings, Inc. (OTC Bulletin Board: LDHI) announced today that it has acquired SeroTonin Solutions, Inc. (SSI) from Utek Corporation in a stock-for-stock transaction. SSI was previously a wholly-owned subsidiary of Utek and is now a 100% wholly-owned subsidiary of Liberty Diversified Holdings, Inc. The agreement includes the transfer of exclusive worldwide marketing licenses for the patented Serotrim(R) Weight Loss Drink and the Serotonin Weight Loss Diet, including license to use the Serotrim(R) trademark and all related names, logos, designs and likenesses, and co-marketing rights to Dr. Judith Wurtman's recently released book, "The Serotonin Power Diet."
SSI recently entered into a license agreement with BackBay Scientific, Inc. for Serotrim(R). Serotrim is a patented pre-meal appetite control drink developed by Dr. Judith Wurtman, a research scientist at the Massachusetts Institute of Technology. Prudent testing was preformed at the Triad Weight Management Center of McLean Hospital, a teaching hospital associated with the Harvard University Medical School. We believe that the Serotrim(R) Weight Loss Plan works by raising brain serotonin levels and thus increasing one's sense of fullness, which in turn reduces between-meal snacking.
The Serotrim(R) Weight Loss Program and the Serotrim(R) Appetite Control Beverage were developed by Dr. Judith Wurtman and Dr. Richard Wurtman based on research discoveries at the Massachusetts Institute of Technology and at the Triad Weight Management Center of McLean Hospital, a Harvard University teaching hospital. The research done by the Wurtmans discovered that natural foods increase the activity of certain brain chemicals that affect mental alertness, emotional well-being, and physical and psychological hungers. In addition, people following a carbohydrate-rich, low fat, portion-controlled eating plan are less likely to respond to stress, frustration, anxiety, anger and fatigue by overeating. The Serotrim(R) appetite control beverage consists of natural carbohydrates that boost brain serotonin levels quickly and effectively and increase "satiety" or a feeling of fullness. This feeling of fullness makes it easier to control portion sizes and to eliminate the temptation to snack between meals. The Serotrim(R) Weight Loss Program is a twelve-week weight loss plan that utilizes the Serotrim(R) appetite control beverage to supplement a low fat, portion-controlled eating plan. The research behind the diet as well as the plan itself is described in detail in Dr. Wurtman's book, "The Serotonin Power Diet", which was released December 2006 and will also be marketed by SSI.
Commentary
In response to this announcement Ron Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., stated the following, "We are very enthusiastic about our acquisition of SeroTonin Solutions, Inc. We believe that Serotrim(R) and the Serotrim(R) Weight Loss Program can have a significant impact on the health and well-being of potentially millions of overweight people, and it is our mission to take this revolutionary new product to the market as quickly and as widely as possible. We are currently evolving our CelluBike locations into "Better Bodies Wellness Centers" that will feature a complete array of health and wellness products and services including CelluBike, the Serotrim(R) Weight Loss Program, high-quality nutritional supplements, and personalized wellness and fitness programs. For the first time ever, a client will be able to come to a Wellness Center, receive a personalized printout of their current nutritional needs and the specific products and services that will support them, purchase those products, and take advantage of the many health, exercise and weight loss benefits the CelluBike exercise and infrared technology has to offer, all at the same location. Once this concept is completed and tested, we intend to embark on an aggressive growth campaign through expansion of company stores and licensed affiliates."
About Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures in all areas of health, wellness and fitness. Liberty is moving quickly to become a thriving and successful conglomerate that owns and controls a variety of companies in the multi-billion dollar industries of health, wellness, weight loss and fitness. Liberty provides the management oversight and support necessary to allow its subsidiaries to operate both independently and synergistically, thus maximizing their potential for revenues, profits and growth. In addition to marketing its weight loss and nutritional and products through its Better Bodies Wellness Centers, Liberty also intends to market them aggressively through a variety of different marketing and distribution channels. Better Bodies, Inc. also markets CelluBikes to Day Spas, Wellness Centers, Nutrition Centers and to celebrities, and each of these ventures is expected to generate a separate revenue stream that could be at least as lucrative as that generated by the Wellness Centers.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.
SOURCE Liberty Diversified Holdings, Inc.
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PGNF (.026) Executes Agreement to Acquire Latin America Operation with $20 Million in Profitable 2006 Revenue and $30 Million 2007 Forecast
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
Paragon Financial Corporation (PINK SHEETS: PGNF) today announced executing a share exchange agreement with NewMarket Technology, Inc. that results in the acquisition of NewMarket's Brazilian subsidiary. In a transaction referred to as a reverse merger, NewMarket exchanged its ownership in a Brazilian technology services subsidiary for majority ownership in Paragon. Paragon Financial Corporation will change names to NewMarket Latin America.
NewMarket to Report $20 Million in 2006 Revenue with $30 Million in 2007 Forecasted
NewMarket expects to book over $20 million in profitable revenue for 2006 from its Latin American operations and has issued a revenue forecast of $30 million in 2007 with continued profitability.
Share Exchange Agreement Terms
No new Paragon common stock has been issued as a result of this share exchange agreement. NewMarket receives a convertible preferred security with majority voting rights, which is restricted from conversion for a period of one year. All details of the share exchange agreement will be published in an SEC Form 8K.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. In addition to an emerging technology portfolio, NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq: MSFT), Cisco Systems (Nasdaq: CSCO), SAP (NYSE: SAP), Siebel (Nasdaq: ORCL) and Sun Microsystems (Nasdaq: SUNW). NewMarket delivers its portfolio of prevailing and emerging products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment through the independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Source: Paragon Financial Corporation
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FNIX (.0024) VoiceIn Available for 'PLAYSTATION(R)3' Title Developers
Business Wire "US Press Releases "
SALT LAKE CITY--(BUSINESS WIRE)--
Fonix Speech, Inc., a wholly owned subsidiary of Fonix Corporation (OTC BB: FNIX) specializing in embedded speech interfaces for mobile devices, handheld electronic products, video game systems and processors, has concluded license agreements to join the Sony Computer Entertainment Inc. (SCEI) Tools & Middleware Program to enable game developers to integrate Fonix VoiceIn(R) Game Edition voice recognition technology into "PLAYSTATION(R)3" (PS3(TM)) game titles. Fonix VoiceIn(R) Game Edition for PS3 is available directly from Fonix.
"Fonix is pleased to once again participate in SCEI's Tools & Middleware Program," said Tim K. Hong, VP, Fonix Games. "Now PS3 title developers can add Fonix's award-winning voice recognition to their games. Fonix VoiceIn allows developers to implement voice commands into game play, resulting in a more realistic, exciting experience for players. VoiceIn is designed specifically with minimal memory and processing requirements and is available in multiple languages."
For more information about Fonix VoiceIn, call 801-553-6600 and say "games."
About Fonix VoiceIn(R) Game Edition
Fonix VoiceIn allows game developers to add voice recognition to video games without needing to develop specific speech technology expertise. Fonix's simple, cross platform tools for Xbox(R), Xbox(R) 360, "PlayStation(R)2", "PLAYSTATION(R)3" and PC game consoles make it easy for any game developer to implement the technology. The result is an interesting new game interface on the cutting-edge of innovation. Fonix VoiceIn is available in multiple languages, including English and UK English, German, French, Spanish, Japanese, Italian and Korean.
About Fonix
Fonix Corporation (OTC BB: FNIX), based in Salt Lake City, Utah, is an innovative speech recognition and text-to-speech technology company that provides value-added speech solutions through its wholly owned subsidiary, Fonix Speech, Inc., currently offering voice solutions for mobile/wireless devices; interactive video games, toys and appliances; computer telephony systems; the assistive market and automotive telematics. Fonix provides developers and manufacturers with cost-effective speech solutions to enhance devices and systems. Visit www.fonix.com for more information, or call (801) 553-6600 and say "Sales."
Statements released by Fonix that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
"PlayStation" and "PLAYSTATION" are registered trademarks and "PS3" is a trademark of Sony Computer Entertainment Inc.
Source: Fonix Speech, Inc
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WHKA (.0037) Announces Teams to Play in the WHA Finals
Market Wire "US Press Releases "
VANCOUVER, BC -- (MARKET WIRE) -- 02/20/07 -- World Hockey Association (PINKSHEETS: WHKA) is proud to announce the two teams that will compete in the WHA FINALS. They are the NEW WESTMINSTER WHALERS and the LUMBY FIGHTING SAINTS.
The first game of the series will take place Thursday, Feb 22nd, and will continue in a best-of-5 format with the winner going to Ontario to play the Champion of the G.M.H.L. hockey league.
The WHALERS are coached by former NHL player Garry Unger, a former St. Louis Blues ALLSTAR. As well, the WHA will announce at the Championship game the new Expansion cities for the 2007-2008 Season.
About the World Hockey Association
The WHA created the WHA Junior West Hockey League to promote the sport of hockey. The Junior West Hockey League is an alternative, community-based league for highly skilled junior players, and is designed to promote high standards of sportsmanship in hockey.
As a listed company on the Over-The-Counter Pink Sheets our mission is to provide a financially sound economic model that is responsible to WHA investors, coaches and staff, and the junior hockey players participating on each team. Fan satisfaction is a primary consideration in our decision making process.
Forward-Looking Statements
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
CONTACT: V. Ackland 416-996-1789
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DBYC (.0021)PTS, Inc. Subsidiary, Disability Access Corporation, Announces $170,000 in Additional Municipal Contracts Tuesday February 20, 9:00 am ET
LAS VEGAS--(BUSINESS WIRE)--PTS, Inc. (OTCBB: PTSH - News) today announced that its subsidiary, Disability Access Corporation (Pink Sheets: DBYC - News), has received additional incremental contracts to provide services to certain municipalities and educational institutes totaling over $170,000. These contracts are expected to be completed between the first and second quarter of 2007.
In a separate statement, management is proud to announce that Barbara Thorpe, President of Disability Access Consultants, has been appointed as the Accessibility Representative to the Division of the State Architect Advisory Board (DSAAB) for the State of California. "We are proud of Ms. Thorpe's appointment, as it reflects and acknowledges her expertise and experience in the area of accessibility," stated Peter Chin, PTS, Inc. CEO. Ms. Thorpe's term began January 1, 2007, and will continue through December 31, 2010.
Additionally, the company is in the process of expanding its professional service team to accommodate the expanding demand for the company's inspection services. "These are exciting times for our firm. We are growing our company to accommodate the expanding needs for our company's services and continue to integrate the latest technology into our processes to maximize the effectiveness and efficiency of our professional efforts," stated Ms. Thorpe.
About PTS, Inc.
PTS, Inc.'s subsidiary, Glove Box Inc. (www.ptspi.com), owns the rights to the patented, revolutionary Glove Box(TM), the only product that offers contamination reduction through automated glove dispensing. The Glove Box(TM) system is a free-standing dispenser of disposable latex gloves, which is being marketed by PTS in the United States and Asia.
About Disability Access Corporation
Disability Access Corporation conducts facility inspections, policy reviews and program analyses in addition to a comprehensive continuum of other compliance services. Over 54 million people in the US have a disability, a number equal to 20% of the population. The Americans with Disabilities Act of 1990 requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities. It's estimated that there are more than 7 million sites at risk across the United States. Please visit: www.adaconsultants.com.
Safe Harbor Statement:
Except for historical information contained herein, the statements in this news release are forward-looking statements.
Contact:
PTS, Inc., Las Vegas Peter Chin, 702-327-7266 psc3388*yahoo.com
Source: PTS, Inc.
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RXPC (.10) Announces Common Stock Share Retirement Feb 20, 2007 9:10:00 AM Copyright Business Wire 2007 WILMINGTON, Del.--(BUSINESS WIRE)--
Rx Processing Corporation (OTC: RXPC) In compliment of returning to operational status, we are taking actions to further reduce the common share structure by an additional retirement of 15,000,000 shares.
The Board of Directors are unified in their decision; it is critical to clients, shareholders and the company. This action will reduce, through a retirement, the total number of common shares available to 48,500,000 on or before July 1st, 2007.
"This action reaffirms our commitment to our shareholders future," stated CEO Peter Fiorillo. "The objective is to retire restricted common shares, continue upward migration, preserve our vision and remain dedicated to those we serve and support."
O/S: 61,633,577 Float: 23,244,502 Shareholders: 450 Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.
Safe Harbor Statement:
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
Source: Rx Processing Corporation
---------------------------------------------- Rx Processing Corporation Wilmington Tim Gillesse 866-616-9274 http://www.rxprocessingcorp.com
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Cal-Bay International, Inc. Authorizes Company Transfer Agent to Commence Mandatory Stock Certificate Exchange Program Feb 20, 2007 9:35:00 AM Copyright Business Wire 2007 CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY) authorizes company Transfer Agent to commence mandatory stock certificate exchange.
Cal-Bay International's Board of Directors today made the announcement for the exchange program to begin. The program will include the mandatory exchange of common shares, Class B and Class C Preferred shares. The exchange will include all shares that are currently freely tradable and registered in street name.
Cal-Bay's management believes there is a significant short position in the company's freely tradable shares, and the mandatory certificate exchange program should be able to identify such a position.
The exchange program will be orchestrated completely by the company's Transfer Agent.
FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.
Source: Cal-Bay International, Inc.
---------------------------------------------- Cal-Bay International Inc. Tim Garlin 760-930-0100 Fax: 760-930-0200 E-mail: IR*calbayinternational.com Website: www.calbayinternational.com
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INXR (.0021)Discusses Company Agenda for 2007
Market Wire "US Press Releases "
JAMAICA, NY -- (MARKET WIRE) -- 02/20/07 -- iFinix Corp. (PINKSHEETS: INXR) released today a comprehensive overview of iFinix's corporate strategy and goals for 2007. Chairman Drew Budhu commented, "As iFinix embarks on an accelerated entry into the financial marketplace with its comprehensive line of real time and trading platforms, the level of inquiry from prospective users of our products, shareholders and potential investors has increased dramatically. The following summary will prepare our clients for their future with iFinix and address shareholder concerns at this opportune turning point in our corporate history."
Core Objectives
iFinix CEO Doug Spadaro stated, "iFinix's objectives are three-fold. We will deliver quality real time trading tools and execution platforms to the financial marketplace at a competitive price, effectively support our subscribers and eliminate any obstacles that limit achieving solid returns for our shareholders. We consider these objectives to be more than mere goals. They are our obligations to the consumers and shareholders who support us and whom we work for."
iFinix Financial Products
The iFinix product suite will initially consist of three products. After conducting extensive market research, the company will rebrand their product suite along the following lines:
iFinix RealTime is the desktop real time platform being prepared for release. The modular components offered include Streaming Quotes with unlimited ticker lists, Level 2, Time & Sales, Alerts, Charting, Streaming News, Financial Content and Market Research.
iFinix RealTime will also be upgraded soon after release to include stock screens and real time scanners with fully configurable market motion filters. iFinix will be including these added functions at no extra cost to provide a superior value and competitive product.
iFinix Trader will add trade execution functionality and account management features to the iFinix RealTime platform. iFinix Trader will integrate with partnered broker-dealers thus affording iFinix users high speed trade executions at a range of brokerages. iFinix Trader will be made available both to retail traders and professional organizations.
With iFinix RealTime rolling out first, iFinix Trader will go to market release as new brokerage partnerships are announced. Users will be able to trade and manage multiple iFinix-partner brokerage accounts aggregated within a single iFinix Trader environment. With the ability to hook into an assortment of high-speed direct access brokers, iFinix will continue to expand your trading choices as each new broker joins our network.
Efinix is a web enabled version of iFinix Trader that will run on desktops and on mobile devices. With Efinix, you will be able to track the markets, manage your portfolio and trade online using the same execution features as iFinix Trader. Efinix is in advanced stages of development and being prepared for release.
Product Strategy
iFinix's business model is subscription based for iFinix RealTime and Efinix. Users that trade through a participating brokerage will receive iFinix Trader on a low or no cost basis. iFinix will receive a percentage of each commission fee from trades executed using iFinix Trader.
Due to the large range of brokerage services and tools investors employ, this diversified business model ensures iFinix products will be available in all contexts and the company will generate an income under all scenarios.
iFinix will offer various subscription pricing tiers for essential platform services plus add-on services and extra exchanges at a cost less than the basic and total package prices of other vendors with comparable offerings.
As market penetration of the iFinix platforms increase, communications protocols for other programmers will be made available to encourage the building of product add-ons. The company will partner with these developers and assist in the marketing of these value-added products.
All iFinix product is coded by iFinix. Earlier iFinix product demos are no longer active or to be considered representative of market-ready products soon to be released. Free product trial subscriptions will be offered when each product is released.
Product Support
When iFinix RealTime is officially released, live technical support will be provided via chat messaging on the iFinix website and by email on weekdays from 8 a.m. - 6 a.m. EST. The company guarantees weekend support requests will be resolved by Monday market open.
Live support hours may be expanded later as the user base expands. Chairman Drew Budhu will go to India soon to review current development efforts and to finalize the training of tech support staff, initiate support tracking procedures and establish knowledge base protocols.
Management
iFinix was founded by Drew Budhu, a specialist in distributed computing environments. Mr. Budhu is the chief architect of iFinix products and technology initiatives
Mr. Budhu comments, "I have held fast to my vision of making iFinix a value-added proposition for both the consumer marketplace and our shareholders. I worked hard to keep our company going until we reached the threshold of delivering product to the marketplace and we are finally on our way. We have no debt, take marginal salaries, keep our costs lean and are determined to grow the company in 2007."
CEO Doug Spadaro has held management positions at Citicorp, ABN/AMRO and Paget Group and has an extensive background in financial services. He is involved in strategic planning, daily operations and developing the broker-dealer network for iFinix trading products.
Ricardo Brillon is the Chief Information Officer of iFinix. Mr. Brillon develops the core programming of iFinix product while project managing additional outsourced development teams, including about a dozen developers currently working full-time on iFinix products in India.
Naveen Vasudevan is the lead project manager in India who oversees the local workforce dedicated to iFinix software development and technical support.
Craig Eckert is CEO of iFinix subsidiary, R&B Computer Systems Inc. With over 20 years of technology experience and an engineering and management background, Mr. Eckert has developed strategic relationships with companies such as Ernst & Young, Accenture, Nortel, IBM, Compaq, EDS, Lucent and Goldman Sachs.
Subsidiaries and Acquisitions
R&B Consulting is presently the only iFinix subsidiary. Under Mr. Eckert's full-time guidance, R&B is currently partnering with regional and international technology consultancies as a personnel and solutions provider. Drawing on Mr. Eckert's experience, iFinix expects R&B to contribute revenues in 2007 and grow significantly in the following year.
Mr. Eckert is responsible for locating acquisition targets that would increase iFinix revenues and generate profits. Several private companies presently operating with positive cash flow are under consideration. R&B has already qualified for a Small Business Administration loan that would facilitate a contemplated acquisition in full without any need for dilution of iFinix shareholder equity.
Mr. Eckert's oversight of this separate entity ensures there will be no loss of focus on the primary financial products and services business of iFinix.
Affiliations & Partnerships
iFinix has in place all data feeds through agreements with CMA, Comtex and Pink Sheets. CMA is currently a major financial data provider to the Latin American trading markets. The iFinix and CMA association already extends beyond access to CMA exchange feeds. As iFinix grows, the synergies between the two companies may then be extended towards mutually obtaining market share in their respective North and South American markets.
Other partnerships will be explored on a regular basis as iFinix seeks to expand their products and services and increase their market reach to include all levels of retail users, professional traders, proprietary trading shops and brokerage houses. As the iFinix customer base grows, the company will explore the possibility of applying for its own broker-dealer license and thus become a fully leveraged financial services provider and brokerage house.
Corporate Governance
In positioning the company for a listing on the OTCBB exchange, iFinix has adopted policies of full disclosure and corporate transparency. 2006 annual financials are nearing completion and should be made publicly available within several weeks. At that time all itemized insider share positions, including restricted stock, will be stated. And recent corporate governance actions enacted to fully align management with shareholder interests will be disclosed.
Mr. Spadaro concludes, "iFinix is approaching critical mass as a product developer about to release a series of excellent products, as a company evolving from start-up to a serious market competitor and as a publicly traded equity that was once abandoned by the markets and is now a vital trading issue. We are gratified by the growing interest in iFinix and this management team is focused on restoring value to our shareholders by virtue of great products, hard work, ethical management practices and clean corporate governance policies."
Buzz Technologies, Inc. (OTCBB:BZTG), has embarked on a bold strategy to take on the giants of the internet. Buzz Technologies has developed a suite of internet ready products. Buzz Technologies internet products are ready for the convergent media future. Buzz Technologies internet products make the internet, TV and mobile phones all wireless.
At the web level, the Buzz Browser, the Buzz Instant Messenger, the SMS, VoIP and search engines are all operational. These products are integrated into a single powerful platform. These products compete directly with Windows Live and Windows IE. Buzz Technologies is developing the Buzz Browser to be able to be a competitor to Windows Vista and XP. The Buzz Virtual Computer will see a stage 1 release this week allowing individuals and corporations the ability to store their files within the browser. Files stored on the Buzz virtual computer will be available wherever the user logs on.
Sutida Suwunnavid, Chairwoman of Buzz Technologies, said, "While we could explain in detail the technical specifications we think as a user you should simply compare the products."
About Buzz
Buzz Technology is a diverse group of telecommunications and internet related products and services aimed at the new frontier of next generation technology from telephony, fixed line and VoIP, to state of the art search engines and the delivery of information, news, entertainment and communications in new ways to new devices. Established in Asia and expanded to the USA, Buzz will continue to expand where consumers desire, introducing reliable VoIP, access to powerful, direct result search engines and technological business and home solutions based on next generation technology accomplished through in house development, licensing, acquisition, and strategic partnerships based on mutually beneficial business goals and compatibilities. Buzz is poised to take the leadership position in turnkey internet solutions in the Asian consumer market place.
The foregoing press release contains forward-looking statements based on the company's beliefs as well as assumptions made by and information currently available to the company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the company's expectations and are subject to a number of risks and uncertainties which are identified and described in the company's registration statements and periodic reports on file with the SEC, some of which are beyond the company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general.
In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate.
Source: Buzz Technologies, Inc.
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USXP (.0023) Announces Substantial Improvements for Second Fiscal Quarter
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
Universal Express, Inc. (OTCBB: USXP) announced today that its financial results for its second fiscal quarter ending December 31, 2006, have substantially improved over its December 31, 2005 second quarter.
Operating revenues increased 352% to $992,435 for the second quarter from $281,861 for the 2005 quarter. Operating revenues were $1,474,333 for the six months ending December 31, 2006 compared with revenues of $501,033 for the six months ending December 31, 2005, an increase of 294%.
The overall market capitalization of the Company increased to $63,833,773 for the 2006 second quarter from $2,973,105 for the 2005 second quarter, an increase of over 2100%.
Total stockholders' equity increased to $5,855,908 for the 2006 quarter from $593,254 for the 2005 quarter, an increase of $5,262,654 or 987%.
The Company's working capital equity for the 2006 quarter improved substantially to a positive $591,207 compared with a working capital deficiency of $2,432,301 in the 2005 quarter, an increase of over 500%.
Total assets increased to $8,686,878 for the 2006 quarter from $3,328,498 for the 2005 quarter, an increase of over 260%.
"We are pleased with the development and growth of all of our businesses. Revenues from our logistics and international shipping business have more than tripled for the second quarter compared to the 2005 second quarter as they have in the previous five years, and we anticipate an exponential increase this year and in future years as our controlling partnership of Universal Jet has its financials audited by our accountants," stated Richard A. Altomare, Chairman & CEO of Universal Express, Inc.
About Universal Express
Universal Express, Inc. is a 23 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Source: Universal Express, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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ETIM (.002) Signs Licensing Agreement with the Cat Fanciers' Association
Business Wire "US Press Releases "
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image caskets and urns, today announced that it has completed a licensing agreement with the Cat Fanciers' Association. The not-for-profit organization was founded in 1906 and is the world's largest pedigreed cat and cattery (cat breeders) registration dedicated to the protection, care, and education of responsible cat ownership.
The multi-year agreement covers the development, manufacturing and marketing of pet urns. Under the terms of the licensing agreement, Eternal Image is authorized to create customized urns featuring the Cat Fanciers' Association logo. The product is currently in the design and development phase. Cat Fanciers' Association is represented for licensing and merchandising by 4Kids Entertainment.
"Pet owners have demonstrated a strong desire for access to brand-name funerary products for animals," said Clint Mytych, CEO of Eternal Image. "There was an immediate positive response, for example, when we announced our pre-order program for our American Kennel Club line that launches in March. Our goal has been to develop a sister line for cat owners, and we are very pleased that the prestigious Cat Fanciers' Association has chosen Eternal Image as a licensing partner."
Until very recently, pet owners had few options when it came to purchasing an urn. Many purchased products made for human remains, usually a generic, oversized item that did not reflect the life of the very pet they were honoring, or, so-called "pet urns" converted from human urns with painted murals or snap-on accessories.
"Americans spent nearly $40 billion on pets in 2006, and spending by owners on pets and pet supplies has doubled in the last decade," added Mytych. "There are 90.5 million owned cats in the United States alone. The time is clearly right for this line of products."
For more information about Eternal Image, visit www.eternalimage.net or call 1-888-6-CASKET.
About the Cat Fanciers' Association
The Cat Fanciers' Association (CFA), registers litters and cats and keeps detailed industry records. It hosts more than 650 world-renown competitions and shows each year, publishes a library of reference books and magazines, and organizes legislative initiatives on behalf of its members. CFA is a not-for-profit organization founded in 1906, is the world's largest pedigreed cat and cattery (cat breeders) registration dedicated to the protection, care, and education of responsible cat ownership. For more information, visit www.cfainc.org.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball(TM), Precious Moments(TM) and the Vatican Library Collection(TM), as well as pet urns featuring the American Kennel Club(TM) and the Cat Fanciers' Association(TM). For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
About 4Kids Entertainment
Headquartered in New York City with an international office in London, 4Kids Entertainment, Inc. (NYSE:KDE), is a global provider of children's entertainment and merchandise licensing. 4Kids, through its wholly owned subsidiaries, provides domestic and international merchandise licensing; product development; television, film, music and home video production and distribution; and Web site development. For further information, please visit the Company's Web sites at www.4KidsEntertainment.com and www.4Kids.TV.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," forecasts," potential," or "continue," or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
*According to the World Wide Pet Industry Association.
Source: Eternal Image, Inc.
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quote:Originally posted by J_U_ICE: TZMT (.12): Technology Update - Problems continue with Palm solution Feb 19, 2007 5:00:00 PM ----------------------------------------------
ORLANDO, FL, May 31, 2007 (MARKET WIRE via COMTEX) -- Telzuit Medical Technologies, Inc. (OTCBB: TZMT)
-- Yesterday, Telzuit began selling the STATPATCH System through its distribution partner American Radiologist Network (Amrad) to nursing home patients in North Carolina.
-- Amrad expects to roll out the product to its 250+ nursing home clients in North Carolina over the next several months and then the parties hope to expand the relationship to other states where Amrad provides services.
-- New Line Medical has begun to take orders for delivery of the PDA version of the product.
Yesterday, May 30, 2007, the management teams of Telzuit and Amrad were on hand in North Carolina to begin the roll out of the product to nursing homes and assisted living facilities in North Carolina. Amrad took delivery of the patches and has begun to roll out the product. Use of the STATPATCH System by Amrad's affiliate to its clients is about to begin. We expect to generate billable events in June.
Telzuit's distributor, New Line Medical, has begun pre-marketing the product in the seven states where it does business and has begun to sign up physician practices which will begin to use the product later in June.
Warren Stowell, CEO of Telzuit, commented that "Our Company has entered a new phase in its life cycle. We have begun the sales process. The early response from potential users of the STATPATCH System has been excellent."
Telzuit is building inventory to accommodate sales. It is also in the process of signing up additional distributors to expand the territories where it will have a presence.
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