BWI (Pink Sheets:BDWT), a premier waste solutions company in the Calgary area has acquired Finnie Water Hauling Ltd. and signed a Letter of Intent with Hydrovac Alberta Inc.
Finnie Water Hauling Ltd., in operation for over 10 years, has established itself as oil field and construction water service specialists based on their attention to professionalism and safety. With a fleet of eleven water trucks and one hydro-vacuuming truck, Finnie Water Hauling derives 80% of its revenue from oil field and oil sands service in the provinces of Alberta, Saskatchewan and British Columbia. Their remaining revenues come from servicing major construction companies including Standard General and Volker Stevin. Finnie Water Hauling Ltd. will strengthen BWI's position in the Alberta oil field and expand BWI's presence into Saskatchewan and British Columbia.
Hydrovac Alberta Inc. is a Calgary based company with over 30 years experience safely exposing underground utilities, such as high pressure gas lines and fragile fibre optic cable. Their fleet of trucks, fully equipped to handle all hydro-vacuuming and day-lighting operations in all seasons, have the highest payload rating and capacity in the area.
For more information on Budget Waste Inc., you can visit our web site at www.budgetwaste.com or contact our Investor Relations Department at:
The information presented in this document reflects the true and current state of the business and future intended direction of BWI, as best understood by the controlling shareholders as of July 2006. This document contains forward-looking statements relating to the operations and environment in which BWI operates, which are based on operations, estimates and forecast projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the control of BWI. A number of important events could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Although these forward-looking statements contained herein are based upon what management believes are reasonable assumptions, BWI cannot assure investors that the actual results will be consistent with these forward-looking statements. The readers should not rely solely on such forward statements and BWI disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
(C) 2006 PRIMEZONE, All rights reserved.
Posted by J_U_ICE on :
NEXH (.0004) Reports on Acquisition of Retail Operation Jul 12, 2006 8:18:00 PM Copyright Business Wire 2006
SALT LAKE CITY--(BUSINESS WIRE)--July 12, 2006--
Nexia Holdings Inc. (OTCBB: NEXH) announced today that Nexia's wholly owned subsidiary, Diversified Holdings I Inc. ("DHI"), that previously owned a 20% interest in Landis LLC, has signed an agreement to acquire an additional 60% interest from Richard Surber, Nexia's CEO and the sole managing member of Landis LLC. Surber commented, "I believe that there is great potential for future revenue growth for the Landis Lifestyle Salon venture. Landis currently employs 32 individuals. It has generated $582,331 in total revenues for the six months ended June 30, 2006, and total revenues since inception in November of 2005 of $715,000." Surber reiterated, "Landis is on track to exceed $1.2 million in gross revenue for 2006 and is expected to operate at a profit for the fiscal year ending Dec. 31, 2006." Landis is also announcing its plans to open two to three additional locations in Utah over the next 12 to 24 months. Each salon will carry Aveda(TM) products exclusively and will together employ approximately 100 people. In exchange for the interests in Landis acquired from Surber DHI and Nexia has agreed to deliver to Surber a promissory note in the amount of $250,000, issue 75,000 shares of Class A Preferred stock of Nexia, and 2 million shares of Class B Preferred Stock of Nexia.
Nexia Holdings Inc. is a real estate holding company that is looking to diversify its operations in 2006 to include retail operations in the multibillion-dollar beauty and fashion industries. For more information on Nexia, visit our Web sites at www.nexiaholdings.com,www.landissalon.com and www.blackchandelier.com.
This press release may contain forward-looking statements that are based on a number of assumptions, including the future operations of Landis LLC. Although Nexia Holdings believes these assumptions are reasonable, no assurance can be given that they will prove correct. These forward-looking statements involve a number of risks and uncertainties. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Source: Nexia Holdings Inc.
----------------------------------------------
Nexia Holdings Inc. Salt Lake City Richard Surber 801-575-8073 ext. 106 Fax: 801-575-8092 hudconsult*aol.com
Posted by J_U_ICE on :
SMKG (.20) Signs Distribution Agreement With NCSC New Card Secured Canada, Inc. Jul 12, 2006 8:23:00 PM
SAN ANTONIO, TX -- (MARKET WIRE) -- 07/12/06 -- Smart Card Marketing Systems, Inc. (PINKSHEETS: SMKG) (FRANKFURT: QYH), a leading loyalty provider of prepaid cards, value smart storage cards and payment transaction management services, announced today that they have signed NCSC New Card Secured Canada, Inc. to a co-brand secured Mastercard� distribution agreement.
NCSC New Card Secured Canada, a Canadian based company, has signed a commitment for five thousand (5,000) co-branded Mastercard� secured cards for the Canadian market and one thousand (1,000) cards for the US market. Smart Card will benefit from the sale of the cards with a royalty on transactional based revenue generated by active cards. The total estimated value of the revenue generated by the cards, according to industry standards, will be between $225,000 and $375,000 per year ($45 to $75 per card per year). This figure does not include revenue from the initial purchase or from activation fees for the US cards which is split 65/35 with the distributor.
The secured credit card is a revolutionary new product that will allow credit challenged consumers and immigrants the opportunity to re-establish or create a better credit score to improve their chances for future financing. The secured credit card market is very new in Canada as many of the major financial institutions have not yet targeted this niche opportunity.
Mr. Mario Cloutier of NCSC New Card Secured Canada, Inc. stated, "We are very pleased with the agreement and we believe that the secured cards will make a profitable addition to our existing product offerings."
About NCSC New Card Secured Canada, Inc.
NCSC New Card Secured Canada, Inc. is a Canadian based company that works to repair the credit of individuals using secured credit cards. The company is working right now on major contracts that will give them a competitive edge in the North American secured card market.
About Smart Card Marketing Systems, Inc.
Smart Card Marketing Systems, Inc. was established in 2003 and is a leading provider of prepaid cards, value smart storage cards, loyalty programs and payment processing services. Smart Card offers a powerful sales organization and merchant reseller marketing program that incorporates cutting edge technology and delivers a viable cost-effective solution. Smart Card is looking to revolutionize the prepaid and loyalty card market by presenting their proprietary solution offering, the GoSmartCard platform.
Forward-Looking Statements. This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements about the expected future prospects of our business and all other statements in this release other than historical facts, constitute forward-looking statements. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. We derive most of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and, of course, it is impossible for us to anticipate all factors that could affect our actual results. Some of the factors that we believe could affect our results include: general economic and market conditions, including the lingering effects of the economic slowdown and services revenue; the overall condition of the bank card industry, including the effect of any further consolidation among financial services firms; the regulatory, credit and market risks associated with our operations; the integration of acquired businesses, the performance of our businesses; the effect of war, terrorism or catastrophic events; the timing and magnitude of sales; the timing and scope of technological advances; the ability to retain and attract customers and key personnel; and the ability to obtain patent protection and avoid patent-related liabilities in the context of a rapidly developing legal framework for software and business-method patents. The factors described in this paragraph and other factors that may affect our business or future financial results and when applicable, will be discussed in our filings with the Securities and Exchange Commission. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
Smart Card Marketing Systems, Inc. Max Barone maxbarone*gosmartcard.com www.gosmartcard.com 1-866-774-2555
Posted by J_U_ICE on :
UCPI (.66) Oil Prospect with a Potential of $9,620,000 Gross Production Business Editors / Energy Editors
HOUSTON--(BUSINESS WIRE)--July 12, 2006-- Unicorp, Inc. (OTCBB:UCPI) announced today that it has entered into an agreement to drill an approximate 6,800 foot well to test the Upper Tuscaloosa formation in Greene County, Mississippi. Unicorp will be the designated operator of the project and will have a 60% working interest and an approximate 46.8% net revenue interest in the well.
The Lee Walley Well No. 1 was drilled and plugged and abandoned in 1983. The electric log indicated an apparent oil pay at the top of the Tuscaloosa formation which was confirmed by sidewall cores which indicated a good show of oil. The well lies between the North Sand Hill field to the north and the Flat Branch Field to the south. 80 acres have been leased around the prospect. The Unicorp well will be located approximately 75 feet from the Lee Walley Well No. 1.
Based upon cumulative production figures of similar wells in the North Sand Hill Field and the Flat Branch Field, it is estimated that the Unicorp well could have 130,000 barrels of oil reserves which equates to $9,620,000 in gross production at today's prices of $74 per barrel. There is no guarantee that this well will be successful or that these numbers will be achieved due to production and/or price fluctuations. Unicorp's net revenue interest would equate to 46.8% of the gross production.
"This well is located outside our normal area of operations, however, based upon the projected reserves and low cost to drill the new well it makes economic sense to participate in this prospect," stated Arthur Ley, COO of Unicorp. "This prospect, as with our other prospects, meets our corporate criteria of participating in projects which provide the company the maximum amount of value with a minimal amount of risk, and if successful will provide a significant increase in shareholder value."
About Unicorp
Unicorp, Inc is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Unicorp's future business and financial results, refer to Unicorp's Annual Report on Form 10-KSB for the year ended December 31, 2005 and Form 10-QSB for the quarter ended March 31, 2006. Unicorp undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
KEYWORD: NORTH AMERICA MISSISSIPPI TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS CONTRACT/AGREEMENT SOURCE: Unicorp, Inc.
CONTACT INFORMATION: Unicorp, Inc., Houston Carl A. Chase, 713-402-6717 Investors*unicorpinc.net
Posted by Bearclaw on :
NIHK
Nighthawk Systems Receives Order from Colorado Internet Service Provider
July 13, 2006 07:00:12 (ET)
SAN ANTONIO, Jul 13, 2006 (BUSINESS WIRE) -- Nighthawk Systems, Inc. (NIHK, Trade), a leading provider of intelligent wireless power control and emergency notification products, announced today that it has received an additional order for its NH100 wireless rebooting devices from Denver-based Wisper Telecommunications ("WisperTel"). WisperTel first began ordering units from Nighthawk in 2004, and has continued to order units to prevent unnecessary outages and maintenance expense associated with its growing network in central and western Colorado.
Nighthawk products like the NH100 enable customers to wirelessly and conveniently extend their reach, allowing them to turn on, off or reboot remotely located equipment at any time in seconds, from virtually anywhere. Expensive truck rolls and third-party service contracts are no longer required with Nighthawk products in place.
H. Douglas Saathoff, Nighthawk's CEO, stated, "Recent focus has been on our utility-based products, but sales of our wireless rebooting units have been brisk. As wireless networks continue to proliferate, the need for our wireless rebooting units continues to increase. We provide a unique, out-of-band solution that our customers like to use, as is evidenced by longstanding customers like WisperTel."
About Nighthawk Systems, Inc.
Nighthawk is a leading provider of intelligent wireless power control products that enable simultaneous activation or de-activation of multiple assets or systems on demand. Nighthawk's installed customer base includes major electric utilities, internet service providers and fire departments in over 40 states. Nighthawk's products also enable custom message display, making them ideal for use in traffic control and emergency notification situations.
Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company's website at www.nighthawksystems.com.
Forward-looking statements
Posted by The Phat Man on :
Press Release Source: China Direct Trading Corp.
China Direct Forms Complete Power Solutions of Miami Subsidiary Thursday July 13, 7:20 am ET
COOPER CITY, FL--(MARKET WIRE)--Jul 13, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) ("China Direct" or "CHDT") today announced that it has signed a 20-day letter of intent with, and has received a $50,000 good faith earnest money deposit from minority investment partners, to form its second new power generator sales subsidiary: "Complete Power Solutions of Miami" (CPSM). CPSM will sell power generators in Southern Broward and Dade counties of Florida, which include the cities of Miami, Miami Beach, Coral Gables, Westin, Hollywood, Dania, Hialeah and South to Key Largo. We expect CPSM to fully operational by August 15, 2006. ADVERTISEMENT
The minority investment partners include: (1) Michael Burchell, Ben Walker, and Joe Cangiano, who combined have some 60 years of extensive experience in electrical contracting and excavation skills (such skills are necessary for the expeditious installation of new power generators and support of overall CPS business statewide); and (2) Howard Ullman and Jeff Postal, who are the CEO/President/Chairman of the Board and a director, respectively, of CHDT. The minority partners will contribute a total of $300,000 in start-up capital to launch CPSM. CPSM will purchase all of generators, cement slabs, and engineering services from CHDT's majority owned subsidiary, Complete Power Solutions, LLC, Pompano Beach, and Fl.
"The formation of CPSM follows our current business model of expanding the geographical market for our power generator sales operations by forming new majority-owned subsidiaries with local investor/partner groups. We are currently seeking and interviewing potential future partners and doing regional market assessments in Florida, The Gulf Coast and the Northern Virginia-Washington, D.C. region to determine where and when new subsidiaries might be launched. Our goal is to establish three to six new power generator subsidiaries this year," said Howard Ullman, CHDT CEO/President.
RADIO INTERVIEW: Howard Ullman will be featured in a live radio interview on www.***.com at 9:00 am Eastern Time today, Thursday, July 13, 2006. *** is a leading microcap investor media portal and interested parties may go to www.***.com and download the free player that will allow them to listen to the interview. The live broadcast is available to anyone at any computer connected to the Internet.
About China Direct: China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items. None of the web site URLs listed in this press release is incorporated into or is part of this press release.
Posted by dalton05 on :
News for 'IGTG' - (National Television Program Promotes Secure Balance(TM) - Today's Health(R) Hosted By Tennis Pro Chris Evret -)
YUCAIPA, Calif., July 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- Ingen Technologies, Inc. (OTC: IGTG), a medical device manufacturer and developer of next generation medical technology, announced today that the national syndicated program, Today's Health(R), will begin airing the Secure Balance(TM) feature story on July 15, 2006.
Today's Health(R) is a half-hour weekly series exploring the full range of health issues. All of the special features are delivered by a dynamic team of field correspondents. Wherever the information is, that's where the correspondents are, interviewing real people and getting answers from leading authorities. The tone is positive and progressive, solution focused and the emphasis is always on education. With segments that range from childhood learning disabilities to geriatric care, from common ailments to specialized conditions, Today's Health(R) lets audiences learn why and how to make healthier decisions in every aspect of their lives. Today's Health(R) airs nationally. Please check your local listings for syndicated days, channels, and times. The host, Chris Evert, is recognized around the world as one of the greatest women tennis players of all time. She devotes her energy to promoting health, medical and fitness related causes, and is a dynamic force in bringing these messages to the public.
Secure Balance(TM) products provide a diagnostic and treatment solution for people who have balance problems associated with vertigo and dizziness. The most current statistics indicate that 80% of the population of over age 65 have experienced dizziness, now the most common complaint for patients over age 75. 12.5M elderly suffer from dizziness with impairment. Fall injuries continue to be the leading cause of death from injury for people over age 65.
About Ingen Technologies, Inc.
Ingen Technologies, Inc. develops and markets cutting-edge medical technologies designed to increase accuracy of medical care, and prevent unnecessary medical costs associated with today's healthcare. Ingen is a medical device manufacturer that owns 2 US patent(s) and 1 US Patent Pending and 2 Foreign Patent Pending(s), several trademarks, intellectual property and proprietary medical products. The Secure Balance(TM) product generates revenues for the company, and is a private-label product that includes a vestibular function testing system and balance therapy system that can identify and prevent fall injuries in the ever-growing elderly population. The Company's flagship product, OxyAlert(TM), a second-generation design of the Company's BAFI(TM) product line, provides a low-oxygen safety warning device used on remote oxygen cylinders for patients, hospitals, commercial aircraft, military transport, and fire and safety equipment. OxyAlert(TM) technology encompasses the use of digital sensing and RF frequency transfer so that care givers can access a hand-held remote to monitor the actual oxygen level of any oxygen cylinder at a reasonable distance. OxyAlert(TM) increases safety and convenience for patients and clinical staff. OxyView, Patent Pending and FDA registered, is a pneumatic gauge that provides visual monitoring of oxygen flow-rate for patients (young and old) in the hospital, surgical room, outpatient therapy, nursing homes and emergency response facilities. This product enhances the safety, assurance and accuracy of patients being administered oxygen from any source. OxyView is a lightweight pneumatic gauge that is attached to the oxygen tubing just below the neck. It informs the nursing staff of the oxygen flow rate near the patient and cannula. It could quickly inform the physician or technician of any leak or inaccuracy between the delivery source and the cannula.
Posted by indef on :
EGPI/Firecreek, Inc. Announces Reserve Report/Studies for Ten Mile Draw Project Expansion Plans; Study Evaluates Potential for Multi-Well Drilling Program via COMTEX
EGPI/Firecreek, Inc. (OTCBB:EFCR) Dennis R. Alexander, Chairman and CFO, announced today plans to increase the initial 5-well drilling program. He also announced the results of an independent reserve report study regarding the Reserves at the Ten Mile Draw field located in the Green River Basin of Wyoming.
EGPI/Firecreek and Newport Oil Corporation are joint venture partners on three wells in the Ten Mile Draw (TMD) and are presently negotiating for the drilling of 11 additional wells within the core area starting sometime in the Company's third quarter and ending sometime within the Company's 2007 first quarter. The Company is confident that this presence will increase EGPI/ Firecreek's working and net revenue interests via its Firecreek Petroleum unit. Mr. Alexander stated, "Although our initial 5-well drilling program is certainly viable, certain opportunities have recently arisen which lead us to believe that with appropriate funding, we will be able to expand our drilling program from 5 to 11 wells in the TMD area."
EGPI/Firecreek and Newport Oil Corporation have confirmed that the latest report from independent consultants Allen and Crouch Petroleum Engineers of Casper, Wyoming are projecting ultimate reserves for the 11 well drilling program to yield an additional 6.5 BCF (Billion Cubic Feet) of natural gas from the Lewis Sand formation and 17.6 BCF from the Almond Sand Formation. The report concludes that the total unrisked Proven Undeveloped (PUD) reserves for these two zones are estimated at 24.1 BCF plus an additional 146,976 STB (Stock Tank Barrels) of oil or gas condensate. These figures do not include the PUD reserves in the Coal Bed Methane zone found in each well. Those reserves will be separately evaluated and reported at a later date.
John Bruynell, President of Newport Oil Corp. and the Project Field Operator for the Ten Mile Draw joint venture stated, "A tremendous effort has been made in the last several months to get us to this stage. We are not surprised with the engineering firms reserve report and feel that this is just a start of the type of program expansion in the TMD that I believe will substantially increase our natural gas production levels over the course of the next several months."
The state of Wyoming has been experiencing a sudden economic boom with the resurgence of gas exploration and drilling in its state. For more information on the dynamic growth currently being experienced by Wyoming please go to:
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EGPI Firecreek, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreeks' filings with the Securities and Exchange Commission.
SOURCE: EGPI/Firecreek, Inc.
EGPI/Firecreek Joe Vazquez, 817-886-3297 info*egpifirecreek.net
Copyright Business Wire 2006
Posted by indef on :
GSPG .0095
GoldSpring, Inc. Reaches Settlement With Second Defendant in State Court Lawsuit via COMTEX
July 13, 2006
GOLD HILL, Nev., Jul 13, 2006 (PRIMEZONE via COMTEX News Network) --
GoldSpring, Inc. (OTCBB:GSPG) announced today that it has reached a settlement with another defendant in its Arizona lawsuit. The first settlement was with Seth Shaw, as announced on June 26, 2006. This second settlement is with one of the other main defendants in the Company's Arizona Superior Court lawsuit, against several defendants, including its founder, Steve Parent. The Company has agreed to settle its claims against this second defendant pursuant to, among others, the following binding terms: 1) total payment by the defendant to GoldSpring of $100,000 with $20,000 to be paid on or before July 31, 2006, and the remaining balance of $80,000 to be paid on or before September 10, 2006; 2) dismissal by GoldSpring of the pending litigation against the defendant with prejudice (upon payment in full of the $100,000); 3) agreement that the settlement shall in no way be construed as an admission of liability or fault on the part of the defendant; and 4) mutual releases by each of GoldSpring and the defendant to the other from liability related to the pending lawsuit. This second settlement helps to narrow the focus of the case with the remaining major defendants consisting primarily of Steve Parent and Ron Haswell.
In discussing this success in the litigation, Rob Faber, President and CEO of GoldSpring, stated, "We believe this is another fair settlement on terms which materially benefit the Company, and we are continuing to make steps toward the goal of satisfactory resolution of the balance of this pending litigation in an expeditious manner."
GoldSpring, Inc. is a North American precious metals mining company with an operating gold and silver mine in northern Nevada. The Company was formed in mid-2003 and acquired the Plum Mine property in November 2003. In the Company's relatively short history, it secured permits, built an infrastructure and brought the Plum project into production. During 2005, the Company acquired additional properties around the Plum project in northern Nevada, expanding its footprint and creating opportunities for exploration. GoldSpring is an emerging company, looking to build on its success through the acquisition of other mineral properties in North America with reserves and exploration potential that can be efficiently put into near-term production. The Company's objectives are to increase production, increase reserves through exploration and acquisitions, expand its footprint at the Plum mine, and maximize cash flow and return for its shareholders.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by GoldSpring) contains statements that are "forward-looking," as defined in Section 21E of the Securities Exchange Act, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, mining capability and potential contracts. Such forward-looking information involves important risks and uncertainties, which include the risk factors disclosed in our most recent Form 10-KSB filed on April 15, 2005, that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of GoldSpring. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. These and other factors, which could cause actual results to differ materially, are discussed in more detail in GoldSpring's filings with the Securities and Exchange Commission. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
GoldSpring, Inc. (775) 847-5272 Fax: (775) 847-4762 Robert T. Faber, President and CEO (480) 603-5151 rfaber*goldspring.us www.goldspring.us
(C) 2006 PRIMEZONE, All rights reserved.
Posted by J_U_ICE on :
IMNL (.18)strategic partnership agreement to distribute iMedia's flagship publication >SANTA MONICA, Calif. and NEW YORK, July 13, 2006 (PRIMEZONE) -- iMedia International (OTCBB:IMNL) and the New York Daily News have entered into a strategic partnership agreement to distribute iMedia's flagship publication, Hollywood Previews(tm). Distribution is slated to begin in October 2006.
Interactive CD video magazines will be produced by iMedia and distributed as inserts in the New York Daily News on the last Sunday of each month. It represents the first time that multimedia content and television commercials will be delivered on a regularly scheduled basis to newspaper readers in the greater New York City area.
"We are a newspaper that consistently seeks to provide our loyal readers enhanced value and our advertisers with the greater exposure," said Joe Stella, vice president of entertainment and travel advertising for the Daily News. "Our partnership with iMedia gives us immediate access to an abundance of entertainment, travel and other multimedia content. We believe that the engaging, interactive experience of Hollywood Previews(tm) will open doors to new, younger audiences, and help us increase our readership. We also look forward to accessing the multimedia and broadcast budgets of our advertisers that, until now, have been impenetrable."
The Daily News is the second major U.S. newspaper to complete an agreement with iMedia to distribute Hollywood Previews on a full-circulation basis. Previously, iMedia announced its first strategic partnership with the Dallas Morning News, a Belo (NYSE: BLC) Company, and launched its first issue of Hollywood Previews(tm) in Dallas on April 30 of this year. This partnership with the Daily News will increase the monthly circulation of Hollywood Previews(tm) to more than 1.5 million copies, positioning the iMagazine as one of America's most widely circulated entertainment publications.
"This contract represents a major milestone for us, as New York City is a principal advertising market in this country, as well as one of the world's most influential and exciting hubs for music, movies and entertainment," said David MacEachern, CEO of iMedia. "The Daily News is a major, top-tier newspaper that attracts readers of all ages and demographics, and we believe this strategic partnership agreement will allow iMedia to continue to expand our reach and deliver a supercharged multimedia experience to every Daily News reader."
Integral in bringing the Daily News and iMedia together was Universal Press Syndicate, iMedia's exclusive newspaper syndication company and one of the largest independent newspaper and online content syndicates in the world.
About Hollywood Previews(tm)
Hollywood Previews(tm) is the world's first interactive video magazine on disc. Each issue contains movie trailers, music videos, free music downloads, video game previews and a host of exclusive entertainment content. It seamlessly delivers the internet allowing viewers to click-through directly to advertiser's and sponsor's websites. Although an internet connection enhances the experience, it is not required in order to view the two hours of multi-media content contained on each disc.
About the Daily News
The Daily News, New York's "Hometown Newspaper," continues to be the newspaper with the largest readership in New York City and the sixth largest in America. The May 2006 release of the Scarborough Report underscores the Daily News' continued dominance of both the New York DMA and in New York City. As reported by Scarborough, the daily readership of the Daily News is 2,695,100, compared to 2,061,300 for the New York Post and 1,808,800 for The New York Times. Sunday readership for the Daily News is now 2,807,500.
About iMedia International, Inc.
iMedia International, Inc. is a digital publisher of proprietary interactive video magazines, and producers of custom digital media solutions for Fortune 1000 companies. iMedia partners with the publishers of newspapers and magazines to create unique digital supplements or interactive enhancements for their traditional print publications. iMedia's digital technology has ushered in a new paradigm in the delivery of advertising and content. By converging print, audio, video and the internet, viewers now have the ability to experience a truly interactive, mixed-media experience in a way that seamlessly melds content, sponsorships and advertising messages. iMedia's products have proven to engage viewers at a greater rate, and for longer periods of time, than print, audio or video advertising alone. A key feature of iMedia's technology is its iReporting(tm) real-time, online tracking system, which provides quantitative data on disc viewer-usage patterns, displaying in numbers the effectiveness of iMedia's marketing and promotional campaigns. iMedia also offers expert digital media solutions services, including: strategic planning, content aggregation and production, disc audio/video design, authoring, editing and compression, disc packaging, manufacturing and distribution.
Forward-Looking Statements
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof. Please refer to the full filing of the Company's Quarterly Report on Form 10-QSB at http://www.sec.gov.
CONTACT: iMedia International, Inc. Kelly Konzelman, Executive Vice President (310) 453-4499 Fax: (310) 453-6120 kellyk*imedia-intl.com 1721 21st Street Santa Monica, CA 90404
Investor Relations: The Investor Relations Group Erika Moran/Tom Caden (212) 825-3210
Public Relations: The Investor Relations Group Susan Morgenbesser (212) 825-3210
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LVTI (.149) Television Commercials to Run on 13 Additional Networks Including TBS, TNT, Bravo, USA Network, Science Channel, CMT and Game Show Network Television Commercials Begin Airing Today on Major Television Networks Jul 13, 2006 6:00:00 AM
TUJUNGA, CA -- (MARKET WIRE) -- 07/13/06 -- Luvoo.com (PINKSHEETS: LVTI), a growing online dating company, is pleased to announce their 30-second television commercials will be airing on 13 additional television networks. Commercials are scheduled to begin airing today on major television networks. These networks include TBS, TNT, Bravo, USA Network, Science Channel, CMT and Game Show Network.
Broadcasts will air today and July 16th between 6:00am and 8:00am EST and will feature Carmen Electra, former star on the hit TV series "Baywatch." The additional airings will bring the total run of commercials to 29 networks generating a combined 845,000 adult viewers watching Luvoo.com's commercials. These commercials will also generate a combined 2,900 Top 50 airings.
Below are the additional run dates and networks which Luvoo.com will be aired.
During the dates of July 13th and July 16th Luvoo.com will run 30-second news breaks on 13 additional networks. These news breaks are comprised of the following channels: TBS, TNT, Bravo, USA Network, TV Land, National Geographic Channel, CMT, Animal Planet, Science Channel, Discovery Times Channel, Game Show Network, TV One and Sleuth. Each weekday the 13 additional networks will garner a minimum of 500,000 adult viewers tuning into Luvoo.com's commercials. The listed networks are carried in over 200 markets.
L Yvonne Vanhoek, President of Luvoo.com, stated, "We look forward to maintaining record subscriber growth through aggressive marketing on mainstream television. Additional growth will be generated through global distributor programs such as the recent exclusive distributor agreement to provide online dating services to Poland's 38 million residents."
For more information please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit the company website at: www.luvoo.com.
About Luvoo.com:
Luvoo.com (PINKSHEETS: LVTI) is a US corporation which is aggressively gaining market share in the on-line dating industry. The company's strategy for growth is through celebrity endorsement, aggressive large-scale advertising, affiliate business opportunities and patent pending concepts and technology such as "The Luvoo Dating Card," "Verified Member" and "Instant Notifier."
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
Contact: Luvoo.com. Investor Relations Stephen Taylor Phone# (973) 351-3868 STEPHTAYL9*AOL.COM URL: www.luvoo.com Posted by J_U_ICE on :
PGPU (.10) Maverick Makes Good Wells in West Virginia and Good Progress in Its Horizontal Drilling Project in Texas Jul 13, 2006 8:30:00 AM
LAS VEGAS, NV -- (MARKET WIRE) -- 07/13/06 -- PGPU/Maverick Energy Group, Ltd (PINKSHEETS: PGPU) has placed on line four recently drilled natural gas wells in Doddridge and Harrison counties in West Virginia. The four wells appear to be producing equal to or greater than expectations. Maverick has a 25% working interest in each of the four wells in this drilling program.
Good progress continues on Maverick's two-well horizontal drilling program in Caldwell County, Texas. The first well has been prepared and is ready to be drilled horizontally. The injection well is currently being completed, and is expected to be operational within the next week. The second well to be drilled horizontally is expected to be prepped and ready to be drilled by the end of next week. Based upon equipment availability, Maverick expects horizontal drilling to commence on wells 1 and 2 within the next two weeks. Maverick holds a 12.5% carried interest in the two horizontally drilled wells, and acts as operator.
Maverick Energy is the operator of the "Big Foot Field" in West Texas originally developed by Royal Dutch Shell (RDS-A on NYSE) as well as proprietary owner and operator of several natural gas fields in West Virginia.
PGPU is a publicly held holding company formed for purchase and acquisitions that best appreciates shareholder value.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Investor relations lopez*maverickenergygroup.com 1-918-280-7781
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UDTT (.034)Introduces Second Generation of BSM-2000 Jul 13, 2006 8:00:00 AM 2006 PrimeZone Media Network
LOS ANGELES, July 13, 2006 (PRIMEZONE) -- Universal Detection Technology (OTCBB:UDTT) (FWB:P08) (www.udetection.com), a developer of early-warning monitoring technologies to protect people from bio-terrorism and other infectious health threats, announced today that it has introduced the second generation of BSM-2000 with new features and capabilities. The new generation is equipped with a self-calibration mechanism that will automatically calibrate the instrument between each test and possesses a stronger pump that will increase the sensitivity of the device.
"Through our extensive testing, we realized that in the realm of 'bio-detection,' the sample collection method is just as important as the sample detection method. Therefore, we set out to complement our robust detection system with a more powerful pump and a better filter medium for collection of the samples," said Amir Ettehadieh, UDTT's Director of R&D.
About Universal Detection Technology
Universal Detection Technology (UDTT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL) has developed the BSM-2000, a bacterial spore and anthrax spore monitoring device, which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information, please visit http://www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release 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 a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt; our ability to timely and cost effectively complete the development and testing of our products; our ability to commercially produce our products on a profitable basis; commercial acceptance of our products; product price volatility; product demand; market competition and general economic conditions and; other factors described in UDTT's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
CONTACT: Universal Detection Technology Jacques Tizabi (310) 248-3655 jtizabi*udetection.com
CEOcast, Inc. for Universal Detection Technology Andrew Hellman (212) 732-4300
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FMNJ (.038) Announces Cerro Rico Second Vein Shows Potential Reserves of Over 7 Million Ounces of Silver Jul 13, 2006 8:20:00 AM
LAS VEGAS, NV -- (MARKET WIRE) -- 07/13/06 -- Franklin Mining, Inc (PINKSHEETS: FMNJ) is pleased to announce today the significant value of the Cerro Rico Second Vein. The Cerro Rico Mine is considered by many to be the world's largest silver mine.
The Second Vein of the Cerro Rico is called Mesa Pata. According to the prospective reserve reports provided to Franklin Mining by COMIBOL, Mesa Pata is believed to contain approximately 1,041,600 tons of ore, 208,320 kilos of silver and 62,496 metric tons of zinc, roughly 7,346,196 ounces of silver and 137,741,184 pounds of zinc.
Franklin Mining, Bolivia (a subsidiary of Franklin Mining, Inc) recently announced its definitive joint venture with COMIBOL (the Bolivian national mining company) on four veins of the Cerro Rico Mine.
The combined estimated reserves for the San Miguel vein (the first COMBIOL report received) and the Mesa Pata vein are about 362,320 kgs of silver, 91,704 tons of zinc and 9,881 tons of tin, yielding approximately 12,776,852 ounces of silver, 202,115,616 lbs of zinc and 21,777,724 lbs of tin.
"The potential of the second vein is very promising. The information provided to us by COMIBOL is exciting, and we will begin to review and analyze the details provided as well as the potential reserves for the remaining two veins," stated Jaime Melgarejo, President of Franklin Mining, Inc.
Metals prices this week show silver at $11.61 USD per ounce, tin at $3.96 and zinc at $1.59 per lb.USD.
DISCLOSURES:
About Franklin Mining, Inc:
Franklin Mining currently has interests in Bolivia and the United States and opened a wholly owned subsidiary in Bolivia. Franklin Mining, Inc's Bolivian subsidiaries include Franklin Mining, Bolivia and Franklin Oil & Gas, Bolivia. For information about Franklin Mining, Inc. visit our website: http://franklinmining.com.
About Cerro Rico Mine:
The Cerro Rico Mine is considered by many to be the richest silver mine in the world. Rich in zinc and silver, it has been actively mined since the 1500s and is in operation today. Cerro Rico is owned by Bolivia's national mining company, COMIBOL.
About COMIBOL:
COMIBOL is the government owned mining company in Bolivia. COMIBOL owns the Cerro Rico mines as well as many other properties and mineral rights in Bolivia.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining Inc.
Contact: Franklin Mining, Inc. Andrew Austin 1-702-386-5379
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AIDO (.26)Introduces New Reader for the Tire Industry Jul 13, 2006 8:00:00 AM
CALGARY, AB -- (MARKET WIRE) -- 07/13/06 -- Advanced ID Corporation (OTCBB: AIDO) today announced a new hand held reader specifically designed for the tire industry. The hand held reader, DataTRAC 4(TM), was produced and manufactured in Advanced ID's Thailand facility in Chang Mai. The reader revolutionizes the current scanner market. The DataTRAC 4(TM) will be sold by Advanced ID to all the major tire manufacturers, distributors and retailers at less than $1000. This unit is priced approximately 50% less than current equivalent readers. Advanced ID will produce the readers in Thailand and has already applied for FCC certification.
According to Dan Finch, President and CEO of Advanced ID Corporation, "We needed to design a reader to complete the requirements of the tire manufacturers. Current readers are very expensive, complex, and not designed for specific usage. We presented our reader to the industry and the reaction was excellent; this reader significantly improves price, quality and ease of use. We are working on several different applications with many different customers around the world, specifically racing tires, truck tires, aviation tires, heavy duty equipment tires, and of course domestic tire production. We have inquiries from Israel, China, India, Japan, Taiwan, Europe and several in the United States.
Our partnership with Hana Technologies is key to our success as they are one of the largest assemblers of RFID tags in the world. We have already announced our $0.40 tag which is very acceptable to the market and now our DataTRAC 4(TM) reader completes our product line and meets the requirements of the tire industry.
Our initial goal is to serve the high-line tire markets that include approximate annual production of 1/2 million racing tires, nearly 100 million truck tires, 1/2 million aviation tires and one million heavy equipment tires. Over the longer term we expect to target the 1/2 billion+ passenger tires that are manufactured worldwide each year."
About Advanced ID Corporation:
Advanced ID Corporation (OTCBB: AIDO) is a complete solutions provider in the radio frequency identification (RFID) market. RFID provides a means for positive identification and trace-back of objects that have been identified with a microchip or RFID tag. The Company's subsidiaries are Advanced PET ID, "The Pet Microchip Company," one of the largest providers of companion animal identification in Canada, and Advanced ID Asia Engineering Co. Ltd., the R&D and Technical Support Company. Since 1994 Advanced ID Corporation has been offering a low frequency (LF) product line of over 100 items comprised of RFID microchips, identification scanners, and a proprietary pet recovery database to the companion animal and biological sciences markets. Advanced ID is also a leader in UHF/RFID technology with a complete line of DataTRAC(TM) livestock tracking and traceability products and UHF/RFID automotive applications. Visit the Advanced ID Corporation website at: www.advancedidcorp.com
Safe Harbor Statement: Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimate as to projections are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements.
For more information, please contact: Dan Finch President and CEO Advanced ID Corporation Phone: (403) 252-7984 danf*advancedidcorp.com
Peter Laipnieks Advanced ID Corporation Investor Relations Phone: (250) 384-2077 peter4*telus.net
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WNSH (.0002) Awarded Contract by Oceanside Realtor Entrepreneur Jul 13, 2006 8:45:00 AM
DALLAS, TX -- (MARKET WIRE) -- 07/13/06 -- MedSpa Solutions Inc., a wholly owned subsidiary of Winsted Holdings Inc. (OTCBB: WNSH), today announced that it was awarded a comprehensive consultancy contract by a realtor entrepreneur in Oceanside, California. This Contract covers Business Development, Core Site Design, Vendor Relationships, Licensing & Compliance Assistance and Custom Marketing Development.
Oceanside, California is conveniently located between San Diego and Los Angeles. A charming beach city, Oceanside ranks 2nd in the United States for best climate with around 10 inches of rain per year and an average daytime temperature of 69 degrees Fahrenheit. For many visitors and most residents, the city is quintessential California. Picture a quaint beachfront community where people enjoy a near perfect climate. To get a better feel for Oceanside's spectacular surroundings, watch the movie "Top Gun," which was filmed there.
"Our medspa consulting business continues to add a steady flow of new clients," stated Winsted CEO Mark Ellis. "Entrepreneurs from all walks of life who want to participate in the medspa bonanza are searching for professional medspa folks who can help them navigate through this explosive industry. Like most other industries, opportunities come with possible obstacles. We're glad to be recognized as an expert in the medspa arena. Of course, our connection to Nu Image MedSpa and its meteoric success has helped us earned a reputation of being one of the best of the best."
Ellis further stated, "A new medspa in Oceanside has great potential. Aside from its 6 miles of beachfront, one can step back in history just minutes away at Mission San Luis Rey de Francia, the 'King of Missions.' And with Oceanside so conveniently located near many of California major attractions and theme parks (i.e. Disneyland, Knott's Berry Farm, Universal Studios-Hollywood and Legoland), it attracts many visitors and residents alike. As the thriving community of 161,000 residents and nearby Camp Pendleton Marine Base (largest U.S. Marine Corps base in the world) may say, 'Be the best you can be.' We're humbled being chosen once again by another successful entrepreneur."
About MedSpa Solutions Inc.
MedSpa Solutions Inc. of Irvine, California is a wholly owned subsidiary of Winsted Holdings Inc. (OTCBB: WNSH). Medical Spas are fast becoming the facility of choice among women and men seeking rejuvenating skin care procedures. At MedSpa Solutions Inc., not only are our customers treated with the best that technology has to offer, they also get expert consultations from our skilled medical staff. Our trend-setting spa-like facilities, combined with our friendly staff, are all you need for the best skin care experience ever. Our facilities offer FDA-approved procedures like Botox, Laser Hair Removal, IPL-Skin Rejuvenation, Microdermabrasion, Chemical Peels, Collagen, and Leg Vein Treatment. We work only with the most advanced laser equipment to achieve your desired results. Our medical staff is one of our most valued assets, and they are trained in a culture of warmth, friendliness, and customer service. Everything at the spa is designed with your comfort and convenience in mind, even our business hours which are flexible to adjust to your needs. Making you look good and feel good is what we are here for!
MedSpa Solutions is committed to continually setting the highest levels of excellence and innovation for our clients. We are pioneers in the MedSpa industry and strive to bring the most advanced treatments and standards to each one of our spas and clients. For more information on the Consulting Services from MedSpa Solutions, please contact us at 1-888-968-4624 or email at info*medspasolutions.com. Additional information can also be found at http://www.medspasolutions.com/.
About Winsted Holdings, Inc.
Winsted Holdings Inc. (OTCBB: WNSH) is a Business Development Company (BDC) located in Newport Beach, California. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. The Company was founded on the premise that combining both operational talent and financial talent within a single private equity investment firm can significantly enhance the magnitude and consistency of investment returns. Winsted Holdings' team consists of accomplished financial professionals with experience at prestigious financial institutions, seasoned corporate executives from various industry enterprises and successful entrepreneurs with expertise developed in aspects from business development to capital markets and from sales and marketing to technology development. The Company currently has two wholly owned subsidiaries, Spencer Communications Inc. and MedSpa Solutions Inc. Over the coming months, the Company will outline its ever changing portfolio holdings and its plans for the long-term medspa expansion.
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of medspa and telecommunications regulations in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
Contact: For additional information call: Investor Relations 214-459-8245 or visit company website: http://www.winstedholdings.com/ Posted by J_U_ICE on :
ADBN .0006
Americana Distribution, Inc. Subsidiary, Americana Licensing, Inc., Exploring a Wide Variety of Paul Bunyan Licensing Products
Internet Wire via COMTEX
Jul 13, 2006 8:30:46 AM
Paul Bunyan Branding Opportunities Introduced at Recent Licensing 2006 International Trade Show
Americana Distribution, Inc. (OTCBB: ADBN) and its subsidiary, Americana Licensing, Inc. (R & R Licensing Holdings, Inc.), today announced its launch of the Paul Bunyan licensing program targeting a wide range of products for adults.
Paul Bunyan, Inc. recently signed with Americana Licensing, Inc. as its exclusive licensing agent. In addition to its previous announced goals for animation and character-based products, the Company is exploring opportunities in work clothing, power tools and other products that embody the spirit, durability and power of Paul Bunyan.
"The Paul Bunyan name is a powerful 'sleeping giant' brand that will command powerful dollars," said Richard Blank, CEO of Americana Licensing. "The program's introduction was well received at Licensing 2006 by a number of top manufacturers and retailers."
Blank said that there are some manufacturers considering re-branding due to the widely known and highly regarded aura that's attached to the Paul Bunyan name.
"Use of the Paul Bunyan name is a way to put a product on the road to success," said William A. Sherman, COO and CFO of Americana Licensing. "It's a brand that stands for strength, durability and a solid work ethic. We believe powerful brands like the widely known Paul Bunyan will play an integral role in the nearly $200 billion worldwide licensing industry."
Americana Licensing is a license and royalty management company. The company's main focus is the implementation and expansion of comprehensive licensing programs designed to maximize royalty income for its clients. The company manages all aspects of royalty collection and distribution for its clients and sells licenses on their behalf.
About Americana Distribution, Inc.
Americana Distribution, Inc. has been involved in the multimedia publishing industry primarily in the areas of publishing and selling audio and print books in a variety of genres. Product sales have been conducted through a distribution network of retail stores, libraries and truck stops. Through its recent acquisition of Americana Licensing, Inc., the company manages licensing programs for corporations, brand owners, celebrities, athletes, inventors, artists, and designers. Based in the heart of New York City, the company possesses extensive resources to help in the successful building of major brands, trademarks, products, characters, inventions and more. The company has established itself as a leader in licensing world heritage brands based on museum and palace properties, including the Historic Royal Palaces of England and the St. Petersburg Russian Museum Collection. Additionally, the company manages licensing programs for children's, corporate, celebrity, and other brands. Americana Licensing, Inc. was founded by pioneers of the licensing and other industries with a history reaching back over 30 years.
Safe Harbor 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: William A. Sherman 212-750-5001
SOURCE: Americana Distribution, Inc.
Copyright 2006 Market Wire, All rights reserved.
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ONEI (.24) Oneida To Review Acquisition Proposal Jul 13, 2006 8:54:00 AM
ONEIDA, N.Y., July 13 /PRNewswire-FirstCall/- - Oneida Ltd. (OTC: ONEI) today announced that it has received an unsolicited proposal from DE Shaw Laminar Portfolios, L.L.C. and Xerion Capital Partners, both current Oneida shareholders, to acquire the company. Oneida's Board of Directors will consult with its legal and financial advisors and carefully review the proposal; however, a definitive agreement has not been reached at this time and no assurance can be given that such an agreement will take place.
"It is gratifying to see that Oneida's business plan has drawn interest from two substantial current shareholders," said Oneida Chairman Christopher H. Smith. "The Board noted that the proposal expressed support for Oneida's plan of reorganization and its current management team. We will give the proposal thorough and fair consideration."
Oneida expects to continue its confirmation hearing in U.S. Bankruptcy Court for the Southern District of New York as planned. The company remains on track to complete its confirmation hearing process shortly and, depending on the outcome of its review of the acquisition proposal, hopes to be in a position to emerge from bankruptcy in the near future.
About Oneida
Incorporated in 1880, Oneida Ltd. is one of the world's largest design, sourcing and distribution companies for stainless steel and silverplated flatware for both the consumer and foodservice industries. It is also the largest supplier of dinnerware to the foodservice industry in North America. Additional information about Oneida can be found at www.oneida.com.
Note on Forward-Looking Statements
This press release includes forward-looking information and statements. These statements are based on current expectations, estimates and projections. These expectations, estimates and projections are generally identifiable by statements containing words such as "expects," "believes," "estimates," "targets," "plans" or similar expressions. However, there are many risks and uncertainties, many of which are beyond our control, that could cause our actual results to differ materially from the forward-looking information and statements made in this press release. For further information regarding risks and uncertainties associated with Oneida's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of Oneida's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q.
SOURCE Oneida Ltd.
----------------------------------------------
Richard Mahony of Gavin Anderson & Company +1-212-515-1960
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PLKC (.0033) Announces Record Revenues
>CUMMING, Ga., July 13, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that the Company reported record revenues during the first two quarters ending June 30, 2006.
Revenues for the second quarter of 2006 were approximately $111,000, a 71% increase over revenues of approximately $65,000 for the second quarter of 2005. Revenues for the first two quarters of 2006 were approximately $147,000, an increase of 50% over revenues of approximately $98,000 for the first two quarters of 2005.
Mary Hitt, Director of Finance for the Company, commented, "This increase in revenues is directly in line with our projections based on the addition of an outside sales team. We are pleased with the results of this quarter and look forward to our third and fourth quarters of 2006 being our best quarters yet. Our projections for the third and fourth quarters include the addition of an in-house business development manager and revenues from our licensing agreements. We expect to see consistent and solid growth through year-end 2006."
"This has been a long process getting fleet managers to see that TransTRAK is essential to their operations. We are finally seeing the results that we have been working so hard to achieve over the past few years. We have started to see positive reactions from fleet managers and from our licensing partner. It has been frustrating waiting for it to happen, but I am pleased to say that it is finally all coming together. We are continuously committed to increasing shareholder value while implementing our long-term growth plans," commented M. Dewey Bain, Chief Executive Officer of PlanetLink.
To receive future news releases from PlanetLink Communications, Inc. please email your name, address, contact information and email address to investor*planettraks.com
About PlanetLink Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK is the first of these products and is the Company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK allows the customer to actively monitor and manage virtually any type of mobile asset. For more information on PlanetLink, please visit the company's Website at: http://www.planettraks.com
The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis" or "Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission. The Company will provide you with copies of this information upon request.
CONTACT: PlanetLink Communications Inc. Dewey Bain, President (210) 442-2404 www.planettraks.com Posted by J_U_ICE on :
TGLE (.155) NEW YORK, NY -- (MARKET WIRE) -- 07/13/06 -- (PINKSHEETS: TGLE) Filmed and recorded live in Brussels, Belgium, before a frenzied audience, "Drop It Like It's Hot" is the definitive Snoop Dogg live experience. The package will contain 21 tracks of Snoop's biggest hits on both audio and video formats. The two-disc set has been scheduled for release for October 2006. The deal, arranged between Titan Global Entertainment and Charly Films in the United Kingdom, will also include over fifty other titles, including such artists as Public Enemy, Ice T, The Isley Brothers, etc. Titan Pyramid Records will utilize Universal Music Group's Fontana distribution in both the U.S. and Canada.
With album sales of 17.6 million in the United States, Snoop Dogg is one of rap music's most durable icons, known for his distinctive lazy drawl, laid-back, rhythmically complex lyrical delivery. Released in Europe earlier this year, the project has had great success overseas. "As the first in a collection of stellar live music projects, we're very proud to kick off the series with an artist of Snoop Dogg's caliber," stated Allen Jacobi, President of Titan/Pyramid Records. "The caliber of production of the Charly Films series is second to none and we know all of Snoop's fans will be looking forward to it."
Single song snippets from the DVD portion will be available as downloads on Titan Global Entertainment's web portal TitanTunes.com. Purchasers can obtain advance copy of the audio and video on TitanTunes.com prior to its retail release beginning August 1, 2006.
Titan Global Entertainment, Inc. is a multi-faceted entertainment company that specializes in audio and video digital distribution through its state of the art web portal -- TitanTunes.com, the design, production and sale of four multi-media players (The Omni), traditional record production and marketing through Universal Music Group distribution, television, publishing and artist management. Titan is dedicated to supplying new emerging technologies for music to talented artists of various backgrounds on the worldwide web. The management team is comprised of accomplished music industry and technology veterans.
Safe Harbor -- This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Titan Global Entertainment, Inc. future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.
Press Contact: Alana Sorrentino (212) 999-5585 Email Contact
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FGFC (.0199)authorized shares to 152 million and has corrected the company's status with The Secretary of State in Delaware.
NEW YORK--(BUSINESS WIRE)--July 13, 2006-- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the amendment of its authorized shares to 152 million and has corrected the company's status with The Secretary of State in Delaware. The company will also be forwarding a copy of said amendments to its Transfer Agent so that they may adjust/update their records accordingly, (this update may take a day or so depending on their process). The company has also opened up a new website for its wholly owned subsidiary Windsor Capital, LLC (www.windsorcapltd.com), this site is very preliminary and we will continue to add and upgrade it, as time permits and the same with the company's corporate website (www.guardianfinancialcorp.com). "We are extremely pleased that since new management came on board, that within a short period of time, within a couple of months, we have been able to reduce the company's share structure from 520 million authorized down to 152 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We expect to close on the previously announced purchase of 50 million additional restricted shares by next week, further reducing the share structure and after that we anticipate even further reduction of the share structure via our buyback program."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
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.
KEYWORD: NORTH AMERICA DELAWARE NEW YORK UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE SOURCE: First Guardian Financial Corporation
CONTACT INFORMATION: First Guardian Financial Corporation Investor Relations, 212-572-4823 Fax: 212-572-6499 Investor.relations*guardianfinancialcorp.com www.guardianfinancialcorp.com Posted by J_U_ICE on :
JKRI (.0055)Announces Reorganization Jul 13, 2006 9:00:00 AM
HOUSTON, July 13 /PRNewswire-FirstCall/ -- Diverse Networks, Inc., a wholly owned subsidiary of The Jackson Rivers Company, Inc. (OTC Bulletin Board: JKRI), announced today a reorganization of its operational structure in order to integrate the recent acquisition of UTSI International into a common functional organization and better position the company for potential acquisitions.
In addition to creating a unified Sales and Marketing effort and establishing a company wide Administration Division, the new organization creates a Data Solutions Division that will be lead by Daniel Nagala, previous President of UTSI International. The Data Solutions Division will handle all current and future consulting and professional services contracts that the company is awarded. Significant current clients in this category include Shell Pipeline Company LP, Chevron, BP, New York City Transit Authority, and Kinder Morgan Energy Partners, among many others. This reorganization also establishes the Data Services Division that is under the management of George Wren. The Data Services groups will complete the implementation and launch of an automated data collection/data delivery system for use in the emerging M2M market. That system will initially be applied to a wide range of applications involving oil and gas production and pipeline, electric energy, water/waste water handling, and physical security industries.
In conjunction with announcing this reorganization, Jim Nelson, President and Chief Operating Officer of Diverse Networks, Inc. stated, "We are building a world class company to provide a wide range of services within the M2M market and I feel this new organization will allow such integration to proceed in orderly manner. Daniel Nagala and George Wren are both proven executives that bring a high level of experience and ability to the company and I am completely confident that they will continue to apply those attributes to building our new company. In addition, we hope to continue our company's growth through acquisition and believe this reorganization better positions JKRI to seek and evaluate potential opportunities."
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of JKRI and Diverse officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future JKRI and Diverse actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and JKRI has no specific intention to update these statements.
SOURCE The Jackson Rivers Company, Inc.
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Jeff Flannery +1-619-342-7443 for The Jackson Rivers Company Inc.
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RLTR .045
ReelTime Offers Movie Trailers From Major Studios
Jul 13, 2006 9:00:00 AM SEATTLE, WA -- (MARKET WIRE) -- 07/13/06 -- ReelTime Rentals, Inc., http://www.reeltimetv.net (PINKSHEETS: RLTR), the first broadband network offering a true full screen, DVD quality, "point, click and watch" online television experience, today announced it has been awarded the rights to offer movie trailers of upcoming summer blockbusters, from a host of major studios and independents, according to Beverly Zaslow, Vice President for ReelTime.
Major studios participating in this promotion, which is a prelude to ReelTime's premium launch scheduled for late third quarter, are Disney, Miramax, Lion's Gate, 20th Century Fox, DreamWorks, MGM, Columbia, Tri-Star, Buena Vista, Castle Rock, Revolution, Sony Classics, Screen Gems, Warner Bros. and New Line. Also participating are leading independent theatrical distributors, including Focus Features and Magnolia Pictures, among others.
Beginning this week ReelTimeTV.net will start previewing trailers of "Pirates of the Caribbean," "Who Killed the Electric Car," "Lady in the Water," "Scoop," "Jet Li's Fearless," "The Ant Bully," "The Visiting," "Step Up," "Snakes on a Plane," "Quinceanera," "Beerfest," "How to Eat Fried Worms" and "Invincible."
ReelTime previously announced that they are offering the "Lost Adventures of Superman" to the public for free. This classic animated series produced in the 1940s has never been aired on television.
ReelTimeTV.Net uses a proprietary technology that delivers streaming content through a broadband connection and allows users to view it on any full size television screen in DVD quality, without having to wait for a download. Users can even fast forward or rewind the program. ReelTime's technology will provide the public with the next generation of online viewing, designed with the built in capacity to scale up for unlimited growth.
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NWBD (.31) Enters into Definitive Agreement to Acquire Qualmax Jul 13, 2006 9:01:00 AM Copyright Business Wire 2006
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--July 13, 2006--
New World Brands, Inc. (OTCBB:NWBD) has signed an agreement to acquire all of the assets of Qualmax, Inc., including its operating subsidiaries. Qualmax is a specialized IT business solutions provider, communications equipment manufacturer, and research and development company focused on the deployment of best of breed VoIP (or voice over internet protocol) networks, virtual private networks, wireless connectivity, direct call traffic routing and custom billing applications.
In consideration for the acquisition of the Qualmax assets, New World Brands will assume the Qualmax liabilities and will issue to Qualmax at least 251,723,634 shares of NWBD common stock, plus an additional number of shares to be determined on the date of closing pursuant to the terms of the Asset Purchase Agreement. Following consummation of the transaction, Qualmax will own approximately 86% of New World Brand's issued and outstanding common stock.
Immediately prior to this acquisition, New World Brands will sell all of the shares of its operating subsidiary, International Importers, Inc., the entity through which New World Brands conducts all of its current operations. These shares will be sold to an entity created by Dr. Selvin Passen, Chairman of the Board and principal shareholder of New World Brands.
Commenting on these transactions, Dr. Passen stated, "We believe that the acquisition of Qualmax, and change in business focus, will provide a greater opportunity for our shareholders to realize a return on their investment."
The stock sale of International Importers is a condition to the asset purchase of Qualmax. The completion of the stock sale and asset purchase are subject to the satisfaction of several conditions. These conditions include, but are not limited to, the issuance of an independent fairness opinion, approval of the stockholders of New World Brands to an increase in the company's authorized capital and amendments to the company's certificate of incorporation and bylaws.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
Source: New World Brands, Inc.
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New World Brands Inc. Fort Lauderdale Wendi Ellis 954-713-0410
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FBVG .28 Fire Mountain Beverage Releases 5th Newsletter PrimeZone Media Network - July 13, 2006 9:00 AM (EDT)
By Staff
VALENCIA, Calif., Jul 13, 2006 (PRIMEZONE via COMTEX) -- Fire Mountain Beverage Company (Pink Sheets:FBVG) releases its fifth newsletter.
According to Anthony Miller, CEO, "This release provides the investor with a greater insight into the activities of Fire Mountain Beverage Company. Our goal, as always, is to inform investors about the Company, our activities, our products, their attributes, and how we are working to expose our products to a broad audience. The newsletter can be found by clicking on the following link: http://www.firemountainbeverage.com/press_release/July%2011%20News.pdf or by visiting the company website * www.frbv.com
Fire Mountain Beverage Company (FBVG) develops, markets, sells, and distributes branded purified and oxygenated-vitamin- flavored water beverages. The Company's products are oriented to the health conscious consumer looking for alternatives to tap water and carbonated beverages containing sugar, caffeine, sodium and carbohydrates. Fire Mountain's customer base includes single and multi-store retail operations, governmental agencies, distributors, convenience stores, schools and other outlets. These products take advantage of current market trends in the beverage industry that enhance the quality of life.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
Fire Mountain Beverage Company Anthony K. Miller, CEO (661) 362-0716 info*firemountainbeverage.com
(C) 2006 PRIMEZONE, All rights reserved.
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NVMH (.39) Signs Contract to Produce Daily Show on Beijing TV Jul 13, 2006 9:25:00 AM
BEIJING -- (MARKET WIRE) -- 07/13/06 -- Navstar Media Holdings, Inc. (OTCBB: NVMH) ("Navstar" or "Company") announces that its subsidiary, Beijing Media has entered a contract with the Beijing Municipal Government to produce "Stat Beijing," a dramatized TV series on facts and figures of Beijing, which is going to be aired daily during the week on Beijing TV, one of the leading TV stations in China.
Steve Sun, Navstar Senior Vice President stated, "We are very happy to have secured this contract. This daily TV series program is a very important development for the Company as it will bring significant revenue to the Company. We will continue to leverage our TV content production capabilities to broaden our product range and increase profitability."
About Navstar Media Holdings, Inc.
Navstar Media Holdings, Inc. (OTCBB: NVMH) (Navstar), headquartered in Beijing, is a leading provider of television content in China. The Company intends to grow through internal expansion and strategic acquisitions. In addition to content production, licensing and distribution, Navstar is also engaged in advertising, televised cultural events, corporate communications, and exhibitions.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. All the unaudited numbers and data provided in this press release are based on estimates according to the knowledge of the Company and may be subject to changes that are beyond the control of the Company. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."
For Further Information, Contact: Dave Gentry Sanford Diday Aurelius Consulting Group, Inc. (407) 644-4256 Fax: (407) 644-0758 www.**********.com info*aurcg.com
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IPRE (.0009)"Whiskers," will be directed by award winning Director Jeff Celentano.
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--July 13, 2006-- Muller Media, Inc. (Pink Sheets:MLMD) announced today that its feature film, "Whiskers," will be directed by award winning Director Jeff Celentano. "This marks the beginning of production of the film and we anticipate that we will complete casting by September, and be filming in October," according to Executive Producer and Company President, Kenneth Eade. "As the Executive Producer of his last film, 'Say it in Russian,' I feel confident that Jeff will bring the big studio feeling to this picture the way he did with the last feature," he added. Former actor Jeff Celentano met with immediate success when he turned to directing in 1992. He staged South Africa's award-winning play "Soweto's Burning" in Los Angeles where his production attracted awards as well as was named the Los Angeles Times' "Pick of the Week" for three weeks running. Celentano's first film, the short film "Dickwad," won both the "Best Original Comedy" award at the Houston International Film Festival and the Silver Award at the Philadelphia International Film Festival in 1994. With numerous additional invitations, Jeff Celentano gained acceptance on the "festival circuit," winning a total of five awards, including Best Director. Jeff went on to direct Academy Award winning actress Diane Lane in the critically acclaimed "Gunshy" (1998), featuring William Peterson ("CSI"), and "Primary Suspect" (2000), starring William Baldwin. His most recent project was "Say it in Russian" (2006) starring Faye Dunaway, Rade Sherbedgia, Steven Brand, Agata Gotova, Musetta Vander, and Alex Nesic. This week the board of directors announced a 3-1 forward split of its common share capital, with a record date of July 14, 2006, in order to improve liquidity, broaden ownership and enhance shareholder value.
About Muller Media, Inc.
Muller Media (www.muller-media.com) is a film production company dedicated to the production of high quality family feature films, with ratings of PG or G. According to a study made by the Dove Foundation of films made in the years 1989 through 2003, family films are 11 times more profitable than their R-rated counterparts. The company is being positioned to take advantage of this new growing market. The company's first film project, "Whiskers," is the story of a friendly and intelligent sea lion. It is created by underwater photography pioneer Jordan Klein ("Jaws," "Thunderball," "Splash").
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Muller Media, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES CONSUMER FAMILY PRODUCT/SERVICE SOURCE: Imperia Entertainment, Inc.
CONTACT INFORMATION: Muller Media, Inc. Kenneth Eade, 310-275-0089 or Vivian Fullerlove, 214-564-3359 (Public Relations) musbviv*yahoo.com
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RMDG (.0016) PHILADELPHIA--(BUSINESS WIRE)--July 13, 2006-- RMD Entertainment Group (Pink Sheets:RMDG) announced today that through a groundbreaking distribution deal with MHz Networks, their content partner the Real Hip Hop Network (RHN) will air in over 2 million DC area households from 12:00 am to 6:00 pm - six days a week. This additional viewership is in addition to their previous viewer numbers, which reached well above 15 million. The new outlets carrying the network are as follows: Verizon FIOS (Channel 34 in DC/31 in MD/31 in VA), Adelphia (Channel 25 in Spotsylvania/Richmond/Stafford), Dish Network (Channel 53 or 8084), Metromedia (Channel 18 in King George County) and DirecTV (Channel 53 or 971). The Real Hip Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop, will also provide cutting edge satellite technology for the transmission of their hip-hop driven content to mobile multimedia platforms globally through their partnership with TA Broadcasting, a leading provider of end-to-end transmission and production services to the global broadcasting industry. RHN and partner RMD Entertainment, will be able to take advantage of the broadcast company's leading role in the development and advancement of new broadcast technologies, including digital video compression and direct-to-home services. RMD CEO Giorgio Costonis commented, "When we originally made our content deal with RHN, we knew the impact of our decision would be felt quickly. Together we are redefining the multimedia distribution paradigm while using the heightened exposure as a vehicle for generating alternative revenue. With our 50% share of the revenue we generate along with RHN, imagine the advertising dollars we are in a position to generate in the DC area alone. As we continue to amass viewers, we continue to strengthen our financial position and projection." RHN President and CEO Atonn Muhammad added, "Our overall theme in our joint ventures with RMDG is expansion and exposure for additional revenue sources. Now that we possess a substantial viewing audience we are in a more favorable position to negotiate our rates for commercials with higher echelon ad agencies as well as corporate sponsors directly. This gives us a huge competitive advantage because our unit cost and profit margin become larger and more consistent than in our previous position. We will continue to work hand in hand with RMD on our expansion into new markets and are prepared to enter into joint ventures with them on all territories they bring RHN into. Giorgio Costonis, his staff, and associates understand aggressive expansion of marketplaces and that is exactly where our management's thinking is right now. I am sure we will continue to do great things together that will benefit both companies for years to come."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music industry today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
About Real Hip Hop Network (RHN)
With so much controversy surrounding the hip hop industry for the past decade, The Real Hip Hop Network has emerged at such a time to serve as the voice to advocate for and preserve the essence of hip-hop culture. As the first ever cable television network geared toward hip hop lifestyle and culture, RHN will provide its audience with an innovative approach to challenge the negative images pervasive in hip hop by cultivating negative perceptions of misogyny, "gangster" images, and excessive violence as being the standard of this industry. The goal of the Network is to provide balance in music programming by returning hip-hop music back to its roots. RHN will play the best music of today and yesterday, while showcasing the nation's hottest unsigned, underground acts. The network will increase awareness of hip-hop as a global culture, connecting the world through music and exposing the influential components of hip hop nationally. RHN will air in 17 million homes nationwide via cable and satellite. For more information visit http://www.rhn.tv.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
KEYWORD: NORTH AMERICA DISTRICT OF COLUMBIA FLORIDA PENNSYLVANIA UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MUSIC TV AND RADIO CONTRACT/AGREEMENT SOURCE: RMD Entertainment Group
CONTACT INFORMATION: For RMD Entertainment Group, Philadelphia Jed Wallace, 310-234-3200 jwallace*mphpr.com
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AAPM (.07) China's Energy Plans Good News For America Asia Petroleum Jul 13, 2006 9:45:00 AM
CARSON CITY, Nevada, July 13 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheets: AAPM). A report by the National Development and Reform Commission, China's top economic planning agency, the chairman of the Commission, Ma Kai said, "that China's government plans to speed up projects in the country to extract oil from shale rock."
That's good news for AAPM, which is already doing business in China. It has developed a patent to extract crude oil from shale rock that has the potential to generate millions of dollars in revenues. James Smith, General Manager of China Operations, said, "With China industrializing, causing an increase in automobiles, the demand for petroleum-based products is becoming enormous."
The central government (Beijing) has a 5-year plan of $10.8 billion USD, with annual increases of $2.4-3.6 billion USD, with which they propose to develop a highway system of 3.5 million kilometers to be built throughout China. This will include new roadway systems between the 45,000 villages and major economic centers, and upgrading of rural road systems, tunnels and bridges. The primary road construction material used is asphalt with binders. To date, China has 13.2 million vehicles up from 1.3 million vehicles in 1978, and the growth is projected to double.
America Asia Petroleum is an energy company that specializes in extracting crude oil from shale rock using its proprietary patented technology and has offices in USA and China. The company presently operates through joint ventures in China that produces various products and services.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes' or statements indicating certain actions 'may,' 'could' or 'might' occur.
SOURCE America Asia Petroleum Corp.
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Investor Relations of America Asia Petroleum Corp. +1-775-831-8887
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QRVI (.0004) Opens New Wing Way Location
HEATHROW, Fla., July 13 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI) announced today it has now opened a new Wing Way location in Central Florida. As with the company's first Wing Way restaurant, the new store is also co-branded with an existing Sobik's Subs location. The store is at 247 W. Main Street, in Apopka. "It's great to watch the reaction of our Apopka customers as they come in and find that they have a whole new menu to choose from," said Jodi Whitnum, Sobik's Division President. "The blending of the new Wing Way themeing decor with the original Sobik's motif adds a feeling of progress and action. We've had a number of favorable comments about how good the food is and also have preliminary reports indicating that the concept is doing just what we wanted it to do, bring new customers into the stores and increase check averages." The concept's menu includes popular buffalo wings served with several different sauces, 1/3 lb. Black Angus burgers and seasoned fries. There are now two co-branded Sobik's / Wing Way locations in operation with an additional three stores to be opening soon. About Quality Restaurant Ventures Inc. Quality Restaurant Ventures Inc. develops new restaurant concepts, and invests in regional fast-food concepts with high growth potential, enhancing their operations while preparing them become national franchise opportunities. This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations that are not reasonably predictable and that could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies. CONTACT: Investor Relations of Quality Restaurant Ventures, Inc. 407-333-8998 x 150, Web site: http://www.QualityRestaurantVentures.com SOURCE Quality Restaurant Ventures Inc.
BSLM (.325) HATTIESBURG, MS -- (MARKET WIRE) -- 07/13/06 -- There is a significant profit increase planned for Bio-Solutions Manufacturing, Inc. (OTCBB: BSLM) (FRANKFURT: B2T) by combining the recently acquired Bio-Extraction Services, Inc. (provider of the technology for extracting oil and grease from food service facilities' grease traps (interceptors) and municipal collection systems), with the acquisition of Bioremediation Services, Inc. and its growing network of franchisees.
Franchisees' earnings in the past have been derived from services they provided to food service facilities for treatment of grease traps and drain lines and municipal sewer mains, lift stations, and treatment plants. The oil and grease waste derived from the commercial cooking establishments is divided into two categories: yellow and brown grease. There is typically twice as much brown grease per restaurant as yellow grease, and BSLM technology can handle both types.
All existing franchisees will be required to upgrade their franchise agreement in order to participate in the Bio-Extractor program. With the addition of the Bio-Extractor, each grease trap and lift station can become a small individual oil well, bringing additional profits to the franchisee and the Corporation -- with relatively little add-on costs. Bio-Solutions will revamp its franchise agreement for all new franchisees allowing them to participate in the profits gained from bio-diesel feed stock extraction, and this represents a significant potential increase in revenues for both Bio-Solutions and its network of franchisees.
According to Michael Silverman, President of Bioremediation Services, Inc., "This represents a major uplift for Bio-Solutions -- one that is sure to build corporate and franchise revenues. The BioExtractor opens the door for franchisees to own and operate their own individual oil wells, extracting the oils and grease from food service facilities and municipal treatment facilities that can be used to produce bio-diesel and other value-added products. This is a great opportunity, and I look forward to the expansion of our company in this field."
The combined potential in the United States for bio-diesel production is in excess of 1,650,000,000 (1.65 billion) gallons per year and growing rapidly -- according to U.S.Government statistics. This production is of major significance in accordance with President Bush's plan to combat high gas prices -- see fact sheet at www.whitehouse.gov/news/releases/2006/04/20060425-2.html. BSLM, with its technology for extracting oil and grease (feed stock for bio-diesel) is gearing up to become a major player in this industry. David S. Bennett, President and CEO of BSLM, states: "Our corporation is striving to fulfill its mission to help combat the destructive agents that pollute and harm our environment, in addition to helping America lower its dependence on foreign oil."
Bio-Solutions Corporate Office anticipates hosting a major training session for new franchisees and recruits in September 2006.
About Bio-Solutions Manufacturing, Inc.:
Bio-Solutions has developed superior microbiological products for waste bioremediation. Bio-Solutions currently services many municipal collection systems and a growing number of food service facilities in the United States. The company's products have been approved by an ever-growing number of municipalities for use in food service facilities that produce waste products introduced into the municipal collection systems. Bio-Solutions' products treat waste in an environmentally friendly and safe manner in compliance with Federal and State government standards.
Bio-Solutions has also developed a line of environmentally friendly cleaning products that include an all purpose cleaner, carpet cleaners, concrete and asphalt cleaners, and floor soaps. With these lines of products, it is enabling Bio-Solutions to broaden its customer base to residential areas as well as to businesses and municipalities.
Bio-Solutions has acquired a unique patented grease extractor to be used in conjunction with bioremediation solutions to extract desired oil and grease to be converted into value-added products.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities 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 results.
For More Information, Please Contact: Patricia Spreitzer 702-222-4781
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VCSY .037 NEWS (PATENT)
The U.S. Patent and Trademark Office Issues Vertical Computer Systems a Patent Covering Various Aspects of The XML Enabler Agent
2006-07-13 10:00 ET - News Release
FORT WORTH, Texas, July 13, 2006 (PRIMEZONE) -- Vertical Computer Systems, Inc. (OTCBB:VCSY) announced today that the United States Patent and Trademark Office (USPTO) has issued a patent to VCSY for a "Web-based collaborative data collection system." The patent number is 7,076,521 and the patent was issued for 41 patent claims.
This patent covers various aspects of the XML Enabler Agent. The XML Enabler Agent, which was featured in the "XML Handbook" by Charles Goldfarb, 4th edition was created to XML-enable any database and developed with the Emily XML Scripting Language.
"The issuance of this patent by the United States Patent and Trademark Office further broadens our patent portfolio," commented Richard Wade, President and CEO of VCSY. "This patent further protects our intellectual property assets."
Posted by J_U_ICE on :
SSTU (.09) Stock Purchase Update
>BEVERLY HILLS, Calif., July 13, 2006 (PRIMEZONE) -- Sandy Steele Unlimited (Pink Sheets:SSTU), an emerging beauty, health, publishing and financial conglomerate announced today that the company has gradually repurchased 320,000 shares of its common stock through a previously announced repurchase plan. SSTU may continue to acquire additional shares of the common stock through open market and privately negotiated transactions.
Sandy Steele Unlimited, Inc. (SSTU) is an emerging conglomerate that owns and operates companies in the beauty, health, financial management, and publishing industries (see www.steeleunlimited.com). The Siegel Group, Inc. (www.thesiegelgroup.com), a wholly-owned subsidiary of SSTU, is an international money management company with offices in Beverly Hills, California. Grammaton Press, LLC, a wholly-owned subsidiary of SSTU, is a publisher of non-fiction literature in genres such as financial planning, human rights, and world history (www.grammatonpress.com).
SAFE HARBOR: With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of its products; ability to obtain financing; the impact of changing economic conditions; business conditions in the internet and direct marketing industries; reliance on third parties, including potential suppliers; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release. The company currently does not report its quarterly financials to the Securities and Exchange Commission.
CONTACT: Sandy Steele Unlimited, Inc. Richard Kent (310) 306-6963 steeleunlimited*aol.com
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CMDA (.39) Receives Large Contract from The Agricultural Bank for Shenzhen Baoan Airport Jul 13, 2006 10:00:00 AM
IRVINE, CALIFORNIA -- (MARKET WIRE) -- 07/13/06 -- China Media1 Corp. (OTCBB: CMDA) is pleased to announce that it has signed the Agricultural Bank of China (www.abchina.com) for advertising on the large size (6 ft. x 8 ft.) signs at Shenzhen Baoan International Airport. The Agricultural Bank of China will take up to 20 poster spaces at a rate of US$3,250 (26,000 RMB) per poster per month. 8 for the existing departure level signs and 12 for the new to be installed arrival level signs.
The contract will start on August 1, 2006 until July 31, 2007, a twelve month period for a maximum of US $780,000 (6,240,000 RMB). The Agricultural Bank is one of the five major state owned banks in China. With this latest addition, our roster of name brand advertisers at Shenzhen Baoan Airport now includes Motorola, Samsung, Seiko and the Agricultural Bank of China.
About China Media1 Corp.:
China Media1 Corp. has obtained rights to premiere Chinese advertising media assets in China. Its affiliate, Guangzhou Chuangrun Advertising Company, operates the advertising space and advertising contracts with top-tier brand names and multi-national corporations as well as large advertising agencies. China Media1 has focused on providing its clients superior advertising locations based on viewership, exclusivity, and uniqueness through the use of its illuminated scrolling poster signs. China Media1's advertising locations include the Guangzhou and Shenzhen International Airports and the Guangzhou MTR (12 Subway Stations). China Media1's website is www.chinamedia1corp.com.
Forward Looking Statements:
Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertain-ties including, but not limited to, economic and political factors, technological developments, regulatory matters and increased competition. The Company disclaims any obligation to update any such factors or to publicly announce results of any revisions to the forward-looking statements contained herein to reflect future events or developments.
Contacts: China Media1 Corp. Investor Relations 1-866-889-4905 investor*chinamedia1corp.com www.chinamedia1corp.com Posted by J_U_ICE on :
EFSF (.319) Reports That the Bird Flu Has Spread From Human to Human Jul 13, 2006 10:10:00 AM Copyright Business Wire 2006
Patricia Ross-Gruden, president and CEO of eFoodSafety.com Inc. (OTCBB: EFSF), announced today that eFoodSafety.com Inc. confirms reports that the bird flu virus has spread from human to human.
A report from Indonesia stated that a woman contracted the H5N1 virus, spread it to her 10-year-old son, and five other blood relatives. All but one who contracted the virus had died.
On Nov. 7, 2005, Lee Jong-Wook, leader of the World Health Organization (WHO), stated, "It is only a matter of time before an avian-flu virus -- most likely H5N1 -- acquires the ability to be transmitted from human to human, sparking the outbreak of human pandemic influenza. We don't know when this will happen. But we do know that it will happen."
The recent findings in Indonesia provide proof that the bird flu virus has now inevitably begun to spread between humans.
In the June 24, 2006, edition of the Washington Times, United Nations Bird Flu Chief David Nabarro said this is a "vivid reminder of the need to keep a very close watch on what the virus is doing." A pandemic of bird flu would be an unprecedented disaster. Economically, the World Bank warned that a bird flu pandemic could cause global gross domestic product to drop by 2 percent -- or about $800 billion a year. It is difficult to estimate a reasonable death count, but WHO forecasts have consistently remained at 2 million to 7.4 million deaths worldwide."
Ongoing testing of eFoodSafety.com Inc.'s bird flu formulation -- Citroxin -- is currently under way in this Far Eastern region. Gruden commented, "We specifically began testing in Thailand to be as close as possible to the 'hot spot' where this potential pandemic could break out."
About eFoodSafety.com Inc.
eFoodSafety.com Inc. is dedicated to improving health conditions around the world through its innovative technologies. The company's Knock-Out Technologies Ltd. subsidiary has developed an environmentally safe sporicidal product formulated entirely of food-grade components that eradicates anthrax and a germicidal product, Big 6 Plus - EPA Reg. No. 82723-1, that kills six major bacteria: E-coli, Listeria, Pseudomonas, Salmonella, Staphylococcus, and Streptococcus, Avian Influenza, and Black Mold. The sporicidal product has completed its final efficacy laboratory study requisite for EPA registration. In the study, it eradicated both Clostridium Sporogenes and Bacillus Subtilis with 100% efficacy on both hard and porous surfaces. The company's MedElite Inc. subsidiary distributes clinically proven products to physicians who then prescribe the products for their patients. It is the exclusive U.S. and worldwide distributor of the Talsyn(TM)-CI/bid Scar Cream that has been clinically proven to facilitate and improve the appearance, redness and strength of scars (www.talsyn.com). The company is also is a distributor for Cinnergen(TM), a nonprescription liquid whole food nutritional supplement that promotes healthy glucose metabolism (www.cinnergen.com), and Trimmendous(TM), a weight loss formula focusing on the body's 24-hour metabolic processes. The company has recently entered into a joint venture agreement with CK41 Direct Inc. to launch an anti-acne skin care system, with a branded name and celebrity spokesperson to be announced in the near future.
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: eFoodSafety.com Inc.
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Redwood Consultants LLC Jens Dalsgaard 415-884-0348
Posted by mdofmny on :
ADNL .003 Adrenaline Nation Entertainment, Inc. Names John Furlow Chief of Operations
Jul 13, 2006 10:06:00 (ET)
CLEARWATER, Fla., Jul 13, 2006 (PRIMEZONE via COMTEX) -- Adrenaline Nation Entertainment, Inc. (Pink Sheets:ADNL), which produces Adrenaline Nation TV, the leading channel for cutting edge independent music TV, innovative independent and short films and adrenaline sports for the highly coveted 18-49 demographic, today announced that it has named John Furlow Chief of Operations. In this capacity Furlow oversees the daily operations and management of the company.
"I have worked with John Furlow for many years in the merchandising end of the music industry in Nashville," said Keith Dressel, CEO of Adrenaline Nation Entertainment, Inc. "His business acumen, the trust that he has earned from his colleagues and clients, and his proven management skills will be major assets to ANTV as we expand beyond the 28 million household mark and enter into new markets and content delivery models. John has played a key role in Adrenaline Nation since its inception and we look forward to his continued support."
Over the course of the last 16 years, Furlow's company, SBBS, has assisted in the oversight and operations of over 100 companies across a broad range of industries and several non-profit groups. He has assisted many of them in business plan development and strategic marketing initiatives. Furlow has been responsible for the structure and launch of numerous successful start-ups over the years. He has also counseled clients on insurance, investments and real estate projects.
"ANTV is leading the way in new media markets by delivering on the tremendous purchasing power of the 18-49 demographic with riveting programming that they want to see in the formats they want to see it in, be it cable TV, Internet, satellite TV, mobile phones, Wi-Fi or other emerging technologies," said John Furlow, Chief of Operations of Adrenaline Nation Entertainment, Inc. "It is a pleasure to help Adrenaline Nation scale to meet this tremendous opportunity with this savvy, brand conscious audience of more than 100 million strong with buying power of $250 billion."
ANTV premieres the hottest new independent bands in the world, the coolest and most innovative independent and short films, and the top up-and-coming stars of such Adrenaline Sports as skateboarding, surfing and bull riding -- the fastest growing sport in America. Adrenaline Nation TV's (ANTV) programs include "Bubbling Under" which features the best music from the hottest artists bubbling under the charts, and other programs such as "Paovae X," "Pressure Block" and "Thunder Juice," which showcase the hottest new independent bands, music videos and artists.
About Adrenaline Nation Entertainment, Inc.
Headquartered in Clearwater, Florida, Adrenaline Nation Entertainment, Inc. (Pink Sheets:ADNL), provides broadband TV programming, connecting viewers and advertisers to the tremendous purchasing power of the coveted 18-49 year audience. Adrenaline Nation Entertainment's programming features the hottest, cutting-edge independent music in the world, independent films, adrenaline sports, motor sports, and extreme action and adventure programming in a format to be distributed to homes via broadband Internet, IPTV, digital cable, Wi-Fi, high definition and mMobile TV. Adrenaline Nation TV can be viewed on the company's highlight reel at http://www.brandedentertainment.tv/antv .
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance and achievements expressed or implied in such forward-looking statements.
CNC Associates Cathy Clarke (617) 527-2089 cathy*cncassocs.com
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DFDR (.14) Company Forecasts Record Revenue and Profitability for Fiscal Year 2006-2007 Jul 13, 2006 10:19:00 AM Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--July 13, 2006--
Diamond Ranch Foods, Ltd. (Pink Sheets:DFDR), a custom meat processing and distribution conglomerate, reported today the following corporate events:
Effective April 1, 2006, the commencement of the Company's 2006-2007 fiscal year, Diamond Ranch Foods implemented a major reorganization of the company's business operations. Lou Vucci, Jr., President, stated: "We are currently experiencing record profitability and anticipate adding significant revenue in the third and fourth quarters resulting in record revenues for the 2006-2007 fiscal year. Our company has begun a major focus on branding its products under the "Diamond Ranch Foods" private label. We are broadening and expanding our product lines and bringing in higher profit margin items. We have consolidated our sales and marketing force and implemented a commission-based sales force based on performance. We plan to augment our current growth by identifying strategic regional acquisition targets with strong local and regional brand recognition."
Commenting further, Mr. Vucci, Jr. stated, "The steps implemented on April 1, 2006 have begun to show immediate improvements in the profitability of our company's core operations. We continue to work diligently to enhance shareholder value and I look forward to updating our shareholders in the near future on the further positive results of our actions."
About Diamond Ranch Foods, Ltd.
Diamond Ranch Foods, Ltd., a processor and distributor of meats and fresh cut portion controlled poultry, is located in the historic Gansevoort meatpacking district in lower Manhattan, NY. Operations include packing, processing, labeling and distribution of products. The company's diversified customer base includes in-home food service businesses, retailers, hotels, restaurants, and institutions, deli and catering operators and industry suppliers. Specific customers include Madison Square Garden, TGI Friday's, Sloan Kettering Hospital, and the Hilton Group (OTC:HLTGY). The company also provides portion controlled meats, custom meat cutting, and private labeling.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: Diamond Ranch Foods, Ltd.
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Redwood Consultants LLC Jens Dalsgaard 415-884-0348
Posted by J_U_ICE on :
FHAL (.28)The New CEO Of the FrontHaul Group Is to Join ***.com Thursday, July 13, 2006 at 9:45 a.m. CDT Jul 13, 2006 10:26:00 AM
ROCKWALL, TX -- (MARKET WIRE) -- 07/13/06 -- The FrontHaul Group (OTCBB: FHAL) has gone through a recent transformation and Market News first would like to invite you to join us in welcoming Rufus Paul Harris the new CEO of this company for an Live Exclusive Discussion.
The FrontHaul Group is a publicly held Delaware corporation with branch offices in Rockwall, TX. The FrontHaul Group expects to grow their business specifically in the areas of 3rd party logistics, which includes but is not limited too Transportation Brokerage and Motor Carrier services.
The Company has recently signed a letter of intent with CEOTA and The Brazilian Government to have the exclusive rights in removing the sunken logs from the Amazon River.
Join Rufus Paul Harris, CEO FrontHaul Group, Mike the Analyst, and Dick Hunter today at 9:45 a.m. CDT on ***.com.
About ***.com
Market News First is an online microcap news provider which brings investors current up to speed news on the microcap market. Market News First is the only online live radio web site that brings real microcap news to investors and features live interaction with companies from the Bulletin Board, Pink Sheets, and Amex.
Through daily live pressers we bring you up to date on all the established companies and inform the investors of the newest opportunities within the microcap market. Market News First's one on one interviews with the Presidents and CFOs of microcap companies, broadcasted on our website, delivers answers to the questions that microcap investors would ask and provides them insight into the companies' present condition and future plans.
Contact: Rufus Paul Harris 678.255.7650
Stinson Bland Market News First 469-385-9855 Email Contact
Posted by mnvestor on :
0.166 China Direct Forms Complete Power Solutions of Miami Subsidiary Update: 7:21 AM ET Jul 13, 2006
COOPER CITY, FL, Jul 13, 2006 (MARKET WIRE via COMTEX) -- China Direct Trading Corp. (CHDT : china direct trading corp com News , chart, profile, more Last: 0.17-0.02-9.84%
10:13am 07/13/2006
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: CHDT0.17, -0.02, -9.8%) ("China Direct" or "CHDT") today announced that it has signed a 20-day letter of intent with, and has received a $50,000 good faith earnest money deposit from minority investment partners, to form its second new power generator sales subsidiary: "Complete Power Solutions of Miami" (CPSM). CPSM will sell power generators in Southern Broward and Dade counties of Florida, which include the cities of Miami, Miami Beach, Coral Gables, Westin, Hollywood, Dania, Hialeah and South to Key Largo. We expect CPSM to fully operational by August 15, 2006. The minority investment partners include: (1) Michael Burchell, Ben Walker, and Joe Cangiano, who combined have some 60 years of extensive experience in electrical contracting and excavation skills (such skills are necessary for the expeditious installation of new power generators and support of overall CPS business statewide); and (2) Howard Ullman and Jeff Postal, who are the CEO/President/Chairman of the Board and a director, respectively, of CHDT. The minority partners will contribute a total of $300,000 in start-up capital to launch CPSM. CPSM will purchase all of generators, cement slabs, and engineering services from CHDT's majority owned subsidiary, Complete Power Solutions, LLC, Pompano Beach, and Fl. "The formation of CPSM follows our current business model of expanding the geographical market for our power generator sales operations by forming new majority-owned subsidiaries with local investor/partner groups. We are currently seeking and interviewing potential future partners and doing regional market assessments in Florida, The Gulf Coast and the Northern Virginia-Washington, D.C. region to determine where and when new subsidiaries might be launched. Our goal is to establish three to six new power generator subsidiaries this year," said Howard Ullman, CHDT CEO/President. RADIO INTERVIEW: Howard Ullman will be featured in a live radio interview on www.***.com at 9:00 am Eastern Time today, Thursday, July 13, 2006. *** is a leading microcap investor media portal and interested parties may go to www.***.com and download the free player that will allow them to listen to the interview. The live broadcast is available to anyone at any computer connected to the Internet. About China Direct: China Direct ( www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS ( www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) ( www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items. None of the web site URLs listed in this press release is incorporated into or is part of this press release. FORWARD-LOOKING STATEMENTS: This press release, including any financial information and projections, contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect and actual results may differ significantly, materially from those anticipated results set forth in such statements. Current revenues and revenue growth is not a reliable indicator of future financial results and should not be relied upon by investors as such an indicator. China Direct relies on outside investment to expand its operations. Such financing may not be available on affordable terms or at all in the future to sustain or grow such new operations and such operations may not generate sufficient income to fund operations and growth. Further, the fact that China Direct is establishing new operations is not an indicator of the future success by China Direct or by any such operation. China Direct and such new operations may lack sufficient management and sales personnel and resources to achieve or sustain revenues necessary to the survival of such new operations and each such new operation further strains China Direct's existing, limited management personnel and resources. China Direct and CPS undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company (and as such is deemed a "highly risky investment") should be evaluated together with the many uncertainties that affect our business, particularly those stated in the cautionary statements and risk factors in current and future China Direct SEC Filings, which statements we hereby incorporate by reference herein. Contact: Rich Schineller 941.918.1913 rich*chdt.us SOURCE: China Direct Trading Corp.
Posted by J_U_ICE on :
USSG (.13)Develops Wireless Video Surveillance System to Record Damages From Boats and Barges Colliding With Railway Drawbridges System to Enable Railroads to Recover Millions in Property Damages Jul 13, 2006 11:00:00 AM
DALLAS, TX -- (MARKET WIRE) -- 07/13/06 -- USA Signal Technology, Inc. (PINKSHEETS: USSG) (www.usasignal.com), the Dallas, TX-based company that designs, markets and manufactures state-of-the-art traffic signaling and monitoring systems, has completed work on a unique wireless video surveillance camera system to monitor, detect and record video evidence of boats and barges colliding with railway draw bridges. The system will enable railroads to recover millions in property damages.
"Surprisingly, boats and barges colliding with railway draw bridges is a frequent and costly enough occurrence to be of growing and continuing concern to the railroad industry," says Bob Stevenson, USA Signal's CEO. "In fact, it happens on the average about once or twice per week, and can cost millions of repair dollars even for one bridge. Our system enables the railroad to have documented evidence of any occurrence and seek restitution from the boat or barge owner that damaged its bridge. We see our proprietary system focused on an important untapped multi-million dollar market."
The USA Signal wireless video surveillance camera system monitors and records all boat traffic approaching and passing under the railway drawbridges where it is installed. Video information about each boat, including registration number and name, is recorded and simultaneously sent wirelessly to a security office where the information is recorded and can be viewed by security officers. The video recording is intended to be used in the legal proceedings, following collisions.
The VGA color video stream is MPEG-4 and is sent at the rate of 5 frames per second. The cameras have low light capability so pictures can also be recognizable at night. The cameras record 48 hours of backup video in case the remote office system fails. The operating system software can display multiple video streams on a signal monitor located in the security office, with the monitor divided into quadrants. A security officer can "click" on any quadrant for a picture to completely fill the screen. Each quadrant has a title block with location and time-stamp to identify which camera video stream is being displayed and recorded at MPEG-4 at 5 frames per second rate.
USA Signal's Railway Bridge Systems are now ready for evaluation by the nation's railroads. Installation of the first demonstration is expected to take place prior to the end of June 2006, with others to follow. The company anticipates that as the systems are demonstrated and shown to meet customer needs and specifications, it will begin receiving purchase orders.
About USA Signal Technology, Inc.
USA Signal Technology, Inc. (PINKSHEETS: USSG) (www.usasignal.com) is a Dallas, TX-based company that designs, manufactures and markets state-of-the-art traffic signaling and monitoring systems. It provides the most technologically advanced and lowest cost-of-ownership intelligent LED (Light Emitting Diode) traffic signals for municipalities. Its advanced designs provide the most cost effective LEDs and, most important, it has the only signals that combine other advanced technology products to create the first Intelligent Traffic Intersection Systems (ITIS) and Railroad Crossing Surveillance & Detection Systems.
Contact: Paul Calixto Email Contact Phone: 469-522-0820 www.usasignal.com Posted by J_U_ICE on :
PFNC--.13--ParaFin Corporation Renegotiates Agreement to Buy 12.2 Million Metric Ton Allotment (90 Million Barrels) of Russian Export Blend Crude Oil ("REBCO") 7/13/2006
PALM SPRINGS, CA, Jul 13, 2006 (MARKET WIRE via COMTEX News Network) -- ParaFin Corporation (OTCBB: PFNC): On June 19th, 2006, and approved by the Board of Directors on July 12th, 2006, the Company and International Project Finance and Investment Corporation (Bahamas) on behalf of Oy Coral Marine Management LTD, the Purchaser, jointly agreed to terminate the Oil and Share Purchase Agreement executed on May 8th 2006.
On June 20th, 2006, and approved by the Board of Directors on July 12th, 2006, ParaFin Corporation (the Company) signed an Agreement directly with OY Coral Marine Management, Ltd. a company organized under the laws of Finland ("OY Coral" (the Purchaser)). The Company executed an "Oil and Share Purchase Agreement" whereby ParaFin agreed to buy a 12.2 million metric ton (88,864,800 Bbls.) allotment of Russian Export Blend Crude Oil ("REBCO"). The Company will issue to the Purchaser 88,865 SERIES "A" REDEEMABLE, RETRACTABLE ON DEMAND,NON-VOTING, PREFERRED SHARES priced at US$70,000 per share (US$6.22 Billion).
The Preferred Shares issued under the June 20th, 2006 Agreement pay no interest and do not have conversion features into common shares as were in the May 8th, 2006 Agreement. In consideration for dropping the 8% interest and the right to convert a portion of the Preferred into common stock, the Company will issue the Purchaser 500,000,000 bearer share purchase warrants. Each Warrant gives the holder the right to purchase one common share of the Company at $0.25 per share for a period of five years.
The June 20th, 2006 Agreement calls for the Company to immediately issue 88,865 Series "A" Redeemable, Retractible, Non-Voting Preferred shares at US$70,000 per share, the issue price (US$6.22 Billion), identified by CUSIP # 69912M301 and ISIN # US69912M3016.
Mr. A. F. Saez, Asset and Portfolio Manager, and a Consultant to ParaFin, negotiated the terms of the new Agreement between ParaFin and the Purchaser. The terms of the Agreement will allow Parafin to retract and/or redeem the Preferred shares at the price the REBCO was sold less $5 per barrel retained by the Company. The Company will pay some selling costs when the Oil is sold. Various offers to purchase the REBCO Crude Oil have already been received by Mr. Saez, the Asset and Portfolio Manager, and are currently being assessed.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
ParaFin Corporation Telephone: (877) 613-3131 Facsimile: (866) 613-3131 Internet Web Site: www.parafincorp.com E-Mail: ceo*parafincorp.com
Copyright 2006 Market Wire, All rights reserved.
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NEOM (.219) Nokia Joins NeoMedia and Ferrero as Campaign Partner Jul 13, 2006 11:19:00 AM Copyright Business Wire 2006
MUNICH, Germany & FORT MYERS, Fla.--(BUSINESS WIRE)--July 13, 2006--
12snap AG, a NeoMedia Technologies company (OTC BB: NEOM), today announced that it is again working with Ferrero to provide the mobile marketing component for Ferrero's multi-channel marketing strategy -- this time in its long-running German Football (Soccer) Association (DFB) Team Sticker Campaign for the Ferrero brands duplo and hanuta. Nokia, a world leader in mobile communications, is involved as a campaign partner in this specific marketing program.
Collectable pictures of the national soccer team have been available through purchases of duplo and hanuta products from retail outlets since mid-April. To extend this promotion further, Munich-based 12snap, an award-winning leader in mobile marketing and entertainment applications, has developed the soccer Collector's Album for mobile phones.
A code on the back of the pictures found in the purchased products can be sent via SMS to order the digital Collector's Album and additional DFB football pictures. Initially the digital Collector's Album is installed on the mobile phone through a WAP push link (an SMS sent back to the requester's mobile phone with a link that when clicked upon, will download the album and pictures ordered onto that particular phone). Anybody with a collection of 11 pictures in the digital Collector's Album is eligible to receive a free version of 12snap's "Champion Football Game" on their mobile phone, letting them play their own version of a world soccer championship.
"With this highly innovative multi-media use of the mobile medium, 12snap is again demonstrating its award-winning creativity for long standing client Ferrero," said Martin Copus, COO of NeoMedia and head of the mobile business unit. "We appreciate greatly Ferrero's loyalty."
As the World Cup (the pre-eminent world-wide soccer tournament held only once every four years) was held this year in Germany, and with the German team reaching the semifinals, German fans have been caught up in all the excitement.
"German soccer fans, fuelled by this excitement in their own backyard, have been embracing Ferrero's innovative campaign and elevated the image of the duplo and hanuta brands," said Diana Kemper, executive client service director at 12snap Germany.
The mobile campaign runs through July 31, 2006.
Ferrero has called, for the third year in a row, on 12snap's mobile marketing expertise to implement this on-pack campaign, after having teamed with the Munich company for successful mobile campaigns it created for duplo and hanuta.
"We are pleased that Ferrero is once again working with us to continue its multi-channel strategy by commissioning 12snap to create, develop and implement the Collector's Album," continued Ms. Kemper. "This Collector's Album demonstrates the abilities of our innovative Java client technology and it shows what, creatively speaking, can be done with a mobile phone."
Along with its efforts for Ferrero, 12snap has developed other mobile applications for the world of soccer for other major brand clients including Lufthansa.
About 12snap
12snap AG, a NeoMedia Technologies company (OTC BB: NEOM), is an expert in developing and implementing innovative marketing campaigns and entertainment applications for mobile phones. Founded in 1999, 12snap utilizes the creative and technological opportunities inherent in mobile phones to create award-winning campaigns by efficiently combining its know-how in mobile applications, mobile loyalty and mobile marketing. 12snap is the only mobile marketing company in the world to be awarded Lions at the prestigious Cannes advertising festival (4 Lions in total), while in 2005 it was ranked in the Red Herring 100 most innovative technology companies in Europe. As a pioneer and one of the leading European providers of mobile marketing, 12snap provides services to companies such as McDonald's, Lufthansa, MTV, Coca-Cola, Ferrero, adidas, Vodafone, Unilever and Gillette. 12snap has its headquarters in Munich and branches in Dusseldorf, New York, London, Milan, Stockholm and Vienna. For more information about 12snap, please visit www.12snap.com.
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com) is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, management experience and expertise. Its mobile services group of companies offers end-to-end mobile enterprise and mobile marketing solutions, through its flagship direct-to-mobile-Web qode(R) technology, and ground-breaking products and services from 4 (shortly to be 5) of the USA's and Europe's leading mobile marketing providers. All NeoMedia Mobile companies benefit from NeoMedia's 27 wireless patents, and the new group is comprised of 160 of the most experienced mobile marketing talent in the world. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue--anytime and anywhere.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
Trademarks are properties of their respective owners.
Source: NeoMedia Technologies, Inc.
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NeoMedia Technologies Inc. Martin Copus +(239)-246-9889 or +44 7766 801818 mcopus*neom.com or The Kaminer Group David A. Kaminer +(914) 684-1934 dkaminer*kamgrp.com or Zucker.Kommunikation +49 30 247 587-0 12snap*zucker-kommunikation.de presse*12snap.com
Posted by J_U_ICE on :
AMHD (.01) Hires Fire Protection Engineer Nick Cricenti Jul 13, 2006 11:20:00 AM 2006 PrimeZone Media Network
CHEYENNE, Wyo., July 13, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its wholly owned subsidiary, Amelot Alternative Energy, Inc., has hired fire protection engineer Nick Cricenti, of SFC Engineering Partnership Inc.
"We met with Nick yesterday for an initial review of the facility and its fire safety system. The building was recently renovated in 2001 and initial inspection went very well. No major issues were raised. We are expecting to receive a full report sometime next week," stated, Aziz Hirji, President of Amelot Holdings, Inc. To clarify information in yesterday's press release, the property on which the facility is located was stated as 160 Burke Street. Upon the 2001 renovation, the property was subdivided. The address of the production facility will be 164 Burke Street Nashua, New Hampshire. To view the property please visit the following link, go to commercial properties, view properties and click on 160 Burke Street.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
CONTACT: Amelot Holdings, Inc. Aziz Hirji (646) 552-4000 support*amelotholdings.com http://www.amelotholdings.com Posted by J_U_ICE on :
RKLC (.29) Facilitates Sale of Blimpie Franchise for Kahala and Announces Three Additional Franchises to be Opened Jul 13, 2006 11:31:00 AM 2006 PrimeZone Media Network
MILLER PLACE, N.Y., July 13, 2006 (PRIMEZONE) -- Rockelle Corporation, Inc. (OTCBB:RKLC), a developer, owner, operator and franchiser of unique quick service restaurants and food concepts, announces that it has finalized the first of what could be many business deals with Kahala Corp. Rockelle facilitated the recent sale of a Blimpie franchise in Wilton, N.Y., near Saratoga Springs, for which Rockelle has earned a sales commission.
As announced in their May 22nd press release, Rockelle recently contracted with Kahala Corp. (www.kahalacorp.com), an international owner and master developer of multiple food franchises, for the rights to sell any of Kahala's food concepts. The release went on to say that Rockelle had already purchased two (2) Blimpie locations in Florida, which have an anticipated opening date of spring 2007.
On July 11th, Rockelle announced the grand opening of its first Stewart's Root Beer franchise in the Wal-Mart Super Store in Shrewsbury, Pa. As announced in March and April of this year, Rockelle also plans to open multiple franchise locations within Wal-Mart stores in Maryland and Florida. Three additional locations are scheduled to open in the next few weeks, pending permits and inspection.
Gerard Stephan, President and CEO of Rockelle, stated, "I was delighted to announce the grand opening of our first Stewart's franchise, and I am thrilled to report that we are on schedule to open three (3) more Stewart's franchises within the next thirty (30) days."
Mr. Stephan went on to say, "With our first Stewart's location open and operating, and three more on the way, not to mention the other business developments we have underway, I have never felt more confident in our business strategy and our growth potential.
Forward-Looking Statements
Statements released by Rockelle Corporation 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 but are not limited to 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.
CONTACT: Rockelle Corporation Investors: Jerry Stephan (631) 244-9841
Surety Financial Group, LLC Brokers: (410) 448-1130
Posted by J_U_ICE on :
ACGI (.03) Agreement With AccessOne Consumer Health Inc. Jul 13, 2006 11:53:00 AM Copyright Business Wire 2006
TAMPA, Fla.--(BUSINESS WIRE)--July 13, 2006--
The Amacore Group Inc. (OTCBB:ACGI), formerly known as Eye Care International Inc., (ECI) the nation's premier provider of discount vision plans, announced that it has signed an agreement with AccessOne Consumer Health Inc. Under the terms of the agreement, AccessOne, which is a licensed Discount Medical Plan Organization, will market the Company's discount vision plan to it customers on an exclusive basis.
"We pride ourselves on being able to provide our customers with the highest quality healthcare access and savings programs in the nation at the most affordable prices" says Robert Fortier, executive director of Marketing of AccessOne. "When it comes to vision, the ECI plan is far and away the most complete and highest quality discount vision plan in the nation. We are extremely pleased at being able to reach an agreement with them so that we can now provide their services to our customers," he adds.
Fortier also announced that AccessOne has been contacted by a large group (over 400,000 members) that required a compliant discount vision plan for its members. "Our customer was so impressed with ECI that it has decided to initially enroll their Florida membership, which totals approximately 10,000 lives. These members are expected to be enrolled within the next week or two," he adds. Fortier noted that he would expect a roll-out of their remaining members within the next 90 days or so.
About AccessOne Consumer Health Inc.
AccessOne Consumer Health Inc. is a licensed Discount Medical Plan Organization that provides non-insurance healthcare related discounts to associations, companies and individuals. Currently AccessOne offers these discounts in dental, physician, vision, prescription and chiropractic services to over 250,000 eligible members nationwide. AccessOne may be contacted at http://www.accessonedmpo.com.
About The Amacore Group Inc.
The Amacore Group Inc. owns and operates the largest discount vision network (Eye Care International), with provider locations nationwide. It is the only discount vision plan providing the services of ophthalmologists (MDs) who discount all their services including cosmetic surgical procedures, such as LASIK vision correction and Co2 Laser Skin Resurfacing. The Amacore Group is also the parent company of LBI Brokerage LLC, distributor of the Eye Care International Vision Plan and the Transamerica Worksite program.
Certain matters discussed in this news release are "forward- looking statements." These forward-looking statements, which only apply on the date of this release, generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "estimates," "anticipates," "believes," "continues," or words of similar import. Similarly, statements that describe Amacore's future plans, objectives or goals are also forward-looking statements, which generally involve known and unknown risks, uncertainties and other facts that may cause the actual results, performance or achievements of the company to be materially different from those expressed or implied by such forward looking statements. Such factors may include the following: uncertainties associated with product development, the risk that Amacore will not gain market acceptance, the impact of competition, the risks associated with dependence upon key personnel and the need for additional financing.
Source: Amacore Group Inc.
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For the Amacore Group Inc. Donald Kappauf 813-289-5552
Posted by J_U_ICE on :
FFBU (.12) Continues Its High Growth Jul 13, 2006 11:59:00 AM Copyright Business Wire 2006
LAS VEGAS & BRISBANE, Australia--(BUSINESS WIRE)--July 13, 2006--
Fit For Business (OTCBB:FFBU) announces its license agreement with a noted, high-profile business in the southern United States. The agreement is expected to be irrevocable by Friday 4 p.m. EDT. The final agreement includes a capital injection which the company will use to further the successful marketing campaign. The company is buoyed by the dynamic growth in the health industry. Client satisfaction and increased corporate awareness of workforce fitness assure continued support and growth of Fit For Business.
About Fit For Business Inc.
Fit For Business Inc. (OTCBB:FFBU) provides a wide range of corporate wellness programs incorporating nutritional supplements, physical activity programs with monitoring and reporting, all which support a healthy workforce. The results help the profits of each company by proactively dealing with the increasing epidemic of poor health, which equates to increased absenteeism and lower levels of productivity. Fit For Business has invested to qualify for the ISO 9001:2000 standards to ensure the highest quality of service for its programs.
Statements made in this press release that express the company's or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements.
TORONTO, July 13 /PRNewswire-FirstCall/ - Racino Royale, Inc. (OTCBB: RCNR) ("RR") is pleased to announce that the Saskatchewan Liquor and Gaming Authority ("SLGA") has authorized the company's request to operate eight weeks of harness racing at Big Valley Raceway in Craven, Saskatchewan. The race meet is scheduled to start on July 23, 2006, and will run every Sunday thereafter until September 10, 2006.
This is a pivotal step for RR and the horse industry in the province. Approval of these race dates fills an eight-week gap in the region's racing season and provides the public and horsepeople with five consecutive months of harness racing. Currently, there is harness racing at Yorkton's Exhibition Park, which started June 10, and Marquis Downs in Saskatoon, beginning in September and running until October.
"This is an important step for us," noted John G. Simmonds, Director and CEO of RR. "With the approval and backing of the SLGA we are confident that we can put on a quality race meet in Craven and look forward to becoming part of Saskatchewan's strong tradition of harness racing."
RR announced last month that it had acquired the exclusive rights agreement for a racino development opportunity in Regina, Saskatchewan, with the Saskatchewan Standardbred Horsemen's Association ("SSHA"). In short measure, the company has been taking steps to secure a foothold in the Saskatchewan racing industry with that goal in mind. However, this first step to revive racing in Craven is an indication of RR's overall commitment to harness racing in the region.
"We are very pleased with the support and final SLGA approval of the dates in Craven," said SSHA President Alvey Halbgewachs. "Now we can continue to build momentum into the 2006 race meet which will see 24 race days on a weekly basis spanning 5 consecutive months," echoed Glenn Le Drew, Vice President for the SSHA. "We haven't had a program like that here for a long time and our horsemen now have the confidence and motivation to continue to grow the industry back into something far bigger than we have seen in recent years. Owners who had previously gone out of the business are interested and excited again and starting to come back. You can once again sense excitement and anticipation in the air and this year will certainly prove to be a sign of a promising future for harness racing in Saskatchewan."
The company is still awaiting approval from the Canadian Pari-Mutuel Agency ("CPMA"), but does not foresee any problem and is taking all the necessary steps to make sure the Craven track and facilities are ready for Sunday, July 23.
RR's periodic reports are on file with the Securities and Exchange Commission and available through the EDGAR website at www.sec.gov. Any disclosure of financial or operating results in this news release is qualified by these periodic reports and readers should refer to them for full details regarding financial results. RR, headquartered in Toronto, Ontario, is a publicly traded company listed on the Nasdaq OTCBB Exchange. For more information please call Jason Moretto at (416) 216-8659 x302.
This press release contains forward-looking statements relating to future events and results that are based on RR's current expectations. These statements involve risks and uncertainties including, without limitation, RR's ability to successfully develop and market its business, consumer acceptance of its business and products, competitive pressures relating to price reductions, competition from other entertainment forms and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.
SOURCE Racino Royale, Inc.
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please call Jason Moretto at (416) 216-8659 x302
Posted by J_U_ICE on :
PHYH .028- Tiger Team Technologies Begins Trading under New CUSIP and Ticker Symbol As Physicians Healthcare Management Group, Inc. Jul 13, 2006 12:05:00 PM Copyright Business Wire 2006 MIAMI--(BUSINESS WIRE)--July 13, 2006--
Tiger Team Technologies (Pink Sheets:PHYH), announced today that it has completed a corporate name, trading symbol and CUSIP change in conjunction with the comprehensive restructuring announced in May of 2006 that will have the Company trading on the OTC Pink Sheets, under the symbol 'PHYH', as the Physicians Healthcare Management Group, Inc. (a/k/a "PHYHEALTH") effective immediately.
Under the terms of the acquisition and restructuring announced in May, management of the Miami, FL-based managed healthcare company gained approximately 53% ownership interest, voting and management control over Tiger Team Technologies, resulting in PHYHEALTH as the sole surviving entity and business. Post restructuring and acquisition, the Company has approximately 228 Million common shares outstanding and approximately 162 Million Preferred Shares outstanding.
PHYHEALTH, with its affiliated companies, PHYSHIELD Insurance Exchange, a Risk Retention Group, and PHYHEALTH Underwriters, Inc., are leading-edge players in the positive transformation of the nation's healthcare system. PHYHEALTH Plans give its physician partners control over the physician-patient relationship and the decisions affecting patient care. The company's unique PHYHEALTH Plans make it possible for independent physicians and physician groups to integrate all the elements of healthcare delivery and financing in order to deliver high quality healthcare at an affordable cost to the broadest segment of patients in the communities it serves.
PHYHEALTH CEO, Robert Trinka, stated, "We are very excited about PHYHEALTH and its opportunities in today's rapidly evolving healthcare marketplace. The Tiger Team acquisition and restructuring gave PHYHEALTH the right corporate platform and better access to the capital that is critical to the development of our core PHYHEALTH Plans and for key acquisitions necessary to rapidly grow our business." He continued, "Our business model is designed to deliver value to physicians, patients, their communities, and especially to our shareholders. We strongly believe we can make an important contribution to solving the much publicized problems in the nation's healthcare system. We want to return to the brand of physician managed healthcare that all of us and our families can depend on to maintain our health and wellness and care for our disorders."
About Physicians Healthcare Management Group, Inc.
PHYHEALTH develops and operates fully integrated healthcare organizations in partnership with physicians. PHYHEALTH Plans preserve the physician-patient relationship and deliver high-quality affordable healthcare within its selected communities. PHYHEALTH offers a turnkey, prepaid health plan solution to physicians for their Medicare and other individual patients who prefer to choose their own doctor and who make their own healthcare insurance purchasing decisions. PHYHEALTH Plans are unique in integrating all aspects of the delivery and financing of care, including providing medical liability insurance protection through PHYSHIELD Insurance Exchange, PHYHEALTH's exclusive risk retention group. The PHYHEALTH model empowers physicians to proactively manage their patient's general health and medical care and enhances physician financial rewards by increasing practice revenues, reducing expenses and restoring the economic value (equity) of their medical practices.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Physicians Healthcare Management, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: PHYHEALTH
---------------------------------------------- PHYHEALTH Miami Robert Trinka 305-779-1760 rtrinka*phyhealth.com http://www.phyhealth.com or Brass Bulls Corp. Matthew Lovito 866-342-2700 matthew*brassbulls.com
Posted by J_U_ICE on :
ARMM .03..NEWS TULSA, Okla., July 13, 2006 (PRIMEZONE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announces its first contract of the EffTrack(tm) web-based software service with a Fortune 500, S&P 100 international healthcare company.
This is an initial installation into one of over 50 facilities operated worldwide and will be tested to confirm the effectiveness of EffTrack(tm) services at improving centrifugal chiller performance and reducing energy consumption. On average, the implementation of the EffTrack(tm) system can reduce energy costs associated with chillers by over 15%.
"It is our hope that once the EffTrack(tm) efficiency results are confirmed, that we will begin negotiating for the installation of EffTrack(tm) into all their locations," stated Don Clark, President of EffTec.
Chillers are the single largest energy consumer in most facilities and typically account for up to 35% of the electrical power use. The U.S. Department of Energy estimates that chillers waste up to 30% additional energy through inefficiency.
If you would like to receive e-mail announcements about ARMM, please click here to sign up: www.Directstocknews.com/ARMM.
About Efficiency Technologies, Inc.
EffTrack collects, stores, and analyzes chiller operating data to determine performance, diagnose causes of inefficiency, and recommend corrective action. The EffTrack monitoring service notifies plant contacts if problems occur. Plant operators and facility managers can review the hourly updated information by logging in to EffTrack from any computer with internet access. By following the EffTrack recommendations for improvement, plant operators can significantly lower the chiller kW/Ton and plant kWh consumption. These savings are identified and measured in the EffTrack reports.
ARMM is an energy resource based holding company located in Tulsa, Oklahoma.
Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.
CONTACT: Efficiency Technologies, Inc. Don Clark, President Toll Free: (866) 333-8321 Fax: (918) 712-7775 www.EffTec.com 1611 South Utica, Suite 241 Tulsa, OK 74104
Posted by J_U_ICE on :
DKGR (.0115)Advances with the Acquisition of the Jackpot Placer Gold Project in Arizona with Estimated Gold of $36 Million Jul 13, 2006 12:37:00 PM
CENTURY CITY, CALIFORNIA -- (MARKET WIRE) -- 07/13/06 -- Drake Gold Resources, Inc. (PINK SHEETS: DKGR) is pleased to announce the completion of a long-term lease acquisition of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. The placer gold reserves on the Property are estimated to be 60,000 ounces, which, at $600 per ounce, would be worth approximately $36 Million. The leased property consists of three unpatented placer gold mining claims.
Cost of production and operations is estimated at $75-100 per ounce for placer operations. There is also a plan to sell existing gravel on the property, which is estimated at $3-8 million dollars based on information from the lessor. There is a potential market for gravel in local construction areas and would lower cost of operations significantly by selling the gravel on the placer gold project.
THE PROJECT
Geologic evaluations show the placer gravels are up 20 feet deep and contain an estimated 5 million cubic yards of gold-bearing material. Initial assessments suggest area-specific gold resources greater that 60,000 ounces with local values of .250 ounces gold per cubic yard. Evaluation of the Property showed gold is present both in drainages and in numerous trenches on the property that are up to 15 feet deep. The Property is located in the historical Plomosa Mining District, T3N R18W, Sections 4 and 9. The Property consists of three claims comprising 200 acres.
Drake Gold will make monthly advance royalty payments to the lessor, which will be credited against 10% production royalties on the gold recovered from the Property. The remaining 90% of the value of the recovered gold will belong to Drake Gold.
Access to the Jackpot Property is via well-maintained asphalt and dirt roads from Interstate 10 at the town of Quartzsite. The alluvial placer gravel consists of schist, granite, and volcanic rocks derived from the Plomosa Mountains to the east, and the gravels are locally cemented by caliche. The schist exposures in the mountains contain gold-bearing quartz veins and stringers, and probably were the original source of the placer gold deposits. The schists are geologically important because they are the host rocks of the numerous prolific vein-controlled gold mines in Arizona.
ACCESS AND INFRASTRUCTRURE
Infrastructure and equipment existing on the property includes: One heavy-duty Hardinge Scrubber, three concrete holding ponds with 150,000 gallons total capacity, 8-inch water well 775 feet deep, 4-inch water well 700 feet deep, 40-foot steel storage trailer, one hopper, and two small fuel tanks. Also the site comes with a watchman on site to provide security for operations.
PARKINSON GEOLOGICAL SERVICES (PGS)
In addition to this new acquisition for the Drake Gold collection, we have enlisted the services of a fully registered Arizonan geologist, Craig L. Parkinson, RG, CPG, Arizona Registered Geologist #30843 and AIPG Certified Professional Geologist #10098, National Instrument 43-101: Independent Qualified Person. Mr. Parkinson is the president of the successful consulting firm Parkinson Geologic Services or PGS. (http://www.parkinsongeologic.com)
Parkinson Geological Services will aid Drake Gold in efforts to develop the Jackpot property and begin gold production as soon as possible. PGS can provide professional mining services in the following areas: obtain Notice of the Intent (Permit) to conduct surface mining operations, conduct preliminary geologic evaluation of the property to estimate additional gold resources, recommend specific area(s) for initial gold exploration and development, aid in review of additional properties, development of the operations model and assist with preparation of press releases.
Mr. Parkinson of PGS said, "It is exciting with recent gold prices to work with an aggressive team like Drake Gold and to bring this company into production as soon as possible, The Jackpot Property is the first of many projects I hope to do with Drake Gold."
The Jackpot Property could receive the necessary permit(s) in a few weeks time, which could put the project into operations within 60 to 90 days. Additional information, including studies and maps, will be posted to the Drake website as they are made available.
The Drake Team is pleased to present the second project for DKGR shareholders. This project is part of the corporate strategy of expanding cash flow operations to build a diversified base as a profitable company during our first year of operations. Drake Gold just completed the acquisition of Pegasus Cementers D.B.A. Pegasus Oil Well Services (http://www.pegasusoilwellservices.com) that is already projected to do $2.3 Million in 2006. In addition to the Jackpot Project, we plan to complete the initial letter of intent on a placer gold, silver and copper project between the two large deposits in southeastern Arizona, the Commonwealth Mine that produced over a million ounces of gold over the last century and another key location that will be later disclosed.
Current and potential shareholders are encouraged to sign up for e-mail updates. The new Company website provides current news releases, reports, interviews, industry news and market related information. To sign up, click on the link located under the main menu at www.drakegold.com.
Shareholder inquiries and suggestions are welcome and should be directed to the Drake Gold, Investor Relations Team at (toll free) 1-888-601-9983, at the corporate office 1-310-728-6995, or via email at info*drakegold.com or info*novakcapital.com.
About Drake Gold Resources, Inc.
Drake Gold Resources, Inc. (http://www.drakegold.com) is an early-stage mining and energy company that focuses on the exploration and production of precious metals and energy, such as petroleum and coal. Several projects have been identified through our strategic partner Thunder Gulch Resources, Ltd. and its resources in North America. Recently the company acquired oil well service provider Pegasus Oil Well Services, an established company in the South Texas Area since 2001. http://www.pegasusoilwellservices.com.
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contacts: Drake Gold Resources, Inc. Investor Relations Hotline 1-888-601-9983
Drake Gold Resources, Inc. Corporate Office (310) 728-6995 info*drakegold.com or info*novakcapital.com www.drakegold.com Posted by ruskin_muskin on :
Great news for NSOL:
U.S. ethanol plants look to tax-free financing
n New Jersey, the state's Economic Development Authority has given preliminary approval to $84 million in tax-exempt, solid-waste bonds for a waste-to-ethanol facility in Dover Township, according to agency spokesman Glenn Phillips. The state has enough private-activity volume cap to cover the issue.
Fuel Frontiers, a subsidiary of Nuclear Solutions Inc. (NSOL.OB: Quote, Profile, Research), plans to produce 55 million gallons of ethanol a year from old tires at the plant, said company spokesman Fred Frisco. He said final approval for the bonds would be sought in about a month.
In central Ohio's Coshocton, Los Angeles-based Altra Inc. broke ground on Tuesday on a $100 million ethanol plant that will be partly financed with up to $85 million of air quality bonds approved by the Ohio Air Quality Development Authority.
Although the bonds are subject to federal taxes, they are exempt from Ohio income tax, according to Mark Shanahan, the authority's executive director. Shanahan added that three or four other developers have expressed interest in the bonds for their ethanol projects.
Posted by J_U_ICE on :
SSTY (.0011) Announces Plan to Spin Out Its Subsidiary Globe Staff Consulting to Sure Trace Shareholders Jul 13, 2006 1:44:00 PM
BAYONNE, France and PHILADELPHIA, July 13 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY) today announced that its Board of Directors has voted to spin out its majority owned subsidiary, Globe Staff Consulting Corporation (Pink Sheets: GSFC), a homeland R&D security company focused on serving the transportation and homeland security industries. SSTY had previously announced that it was considering plans to effectuate a spin out through a dividend to its shareholders.
SSTY owns a majority of the shares of GSFC. SSTY's Board of Directors has approved the spin out of GSFC through the dividend of 100% of the SSTY owned shares of GSFC to all stockholders of SSTY on a pro rata basis. The dividend will be payable on a record date to be determined by the SSTY Board of Directors. The conversion ratio of SSTY shares to GSFC shares has not yet been determined by the Board of Directors. Further details will be released regarding the dates and percentages along with other pertinent information. Fractional shares of GSFC common stock will not be issued. The shares issued to SSTY shareholders shall be restricted. SSTY shareholders will retain their present shares in SSTY.
The Company intends that the dividend will be structured to qualify as a tax-free stock dividend to SSTY stockholders for U.S. federal income tax purposes.
Shortly after the dividend record date, SSTY will mail an information statement to its stockholders of record as of the close of business on the record date. The information statement will include information regarding the dividend and the business and management of GSFC following the distribution. In addition, SSTY and GSFC intend to file important information related to the spin out, including this release, with the Securities and Exchange Commission on Form 8-K.
About Globe Staff Consulting Corporation
Globe Staff Consulting Corporation is a subsidiary of Sure Trace Security Corporation. GSFC is one of France's leaders in the field of wireless security communications. GSFC has partnerships with Orange, French Telecom and Thales. The Company was formed for the purpose of selling and distributing wireless security communications services and is focusing on tracking, tracing and geolocalization of products and people. The company has developed a mix of security tracking services targeting businesses, governments and consumers. Our technology assists our customers to be informed in real time of the exact location of products or people with 2-way communication, and can be customized to meet additional client requirements. GSFC's innovative product and service offerings provide the best advantages to customers, including the smallest tracking modules with GSM and GPS dual capability, innovative specialty cellular phone models, and data capability, all hosted on an ASP server platform.
Overview of Technology
eGeocardio
eGeocardio allows scientists to track the heart rate of people or animals. The integrated cardiometry is displayed with graphics and alerts on computers. eGeocardio first appeared at the 2004 Tour de France to monitor the cyclists. It was utilized by teams, trainers and television broadcasters to monitor the cyclists' performances. Our next version of eGeocardio, which has been advanced to the prototype stage, will include a GSM/GPRS/GPS module which will allow managers and fans to follow the progress of people or animals in real time including location, speed, and altitude. Over the coming weeks and months, Globe Staff will detail additional applications and developments of its groundbreaking technology in cardio-monitoring as well as in elder care, child safety, and law enforcement.
SIM TRACE V4X ACCEL
This device is able to detect and analyze 3-D movements with our new 3-axes(X, Y, Z)-integrated accelerometer. Through the device, we can detect, for example, the existence of a person's bodily movement and breathing rate. Limited or no movement or breathing can automatically cause the device to send appropriate data to the control center equipped with devices such as a laptop computer, server, cell phone or PDA. The type of data to be collected and transmitted may include the following: acceleration, shock intensity, map localization, GPS/GSM/goniometric, temperature, heart rate, etc. The next version will integrate a miniaturized camera.
Tag and Track
The "Tag and Track" system will provide a flexible, rapidly deployable assisted-GPS/GSM location-based service including an innovative integrated RFID technology that enables a wide array of customizable applications. The technology locates and/or tracks vehicles, objects, assets or people. Our customers will deploy a portable receiver or reader devices network, whether inside or outside a building, which will be used to pick up the signal transmitted by our "Tag and Track" Tracker with its integrated RFID Tag. The device is about the size of a cell phone. This system was originally conceived/developed on a Special Police Forces request from the French Ministry of the Interior. RFID chips don't have their own energy source; they are passive. They emit a signal when specific frequencies of radio energy are used to "paint" them. RFIDs contain tiny antennas that receive the RF energy and then re-radiate their encoded information. The Company's RFID chip will be a miniaturized, implantable radio frequency identification device that has the potential to be used in a variety of security, financial, and other applications. It is smaller than a grain of rice; the encoded information is captured by briefly passing a proprietary scanner or passing through any receivers.
About Sure Trace Security Corporation
Sure Trace produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices. True Product ID Inc. (OTC Bulletin Board: TPDI), a former subsidiary of SSTY, via a license from Sure Trace Security Corporation (OTC: SSTY), delivers turnkey solutions for governments, armed forces, and industry, through proprietary technology and through aggregating the technology, products, and services of third parties via licensing agreements and/or joint ventures. For more information go to: http://www.suretrace.com and to http://www.gsc.fr/corp/.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Sure Trace undertakes no obligation to update such statements. In August 2005, the common stock of Sure Trace was suspended from trading by the Securities and Exchange Commission, but the suspension ended in accordance with the securities laws after ten days. Management of Sure Trace is currently working with the broker-dealer community and regulators to permit quotations to be entered as soon as possible. More information will be provided to the public when circumstances warrant.
SOURCE Sure Trace Security Corporation
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Michael Cimino President Sure Trace Security Corporation +1-215-972-6999 michaelc*suretrace.com
Posted by J_U_ICE on :
ALLN (.53) Receives Microsoft Eastern Region Partner of the Year Award Award Tops an Impressive List of Quarterly Awards Jul 13, 2006 1:55:00 PM
PITTSBURGH, July 13 /PRNewswire-FirstCall/ -- Allin Corporation (OTC Bulletin Board: ALLN), a Microsoft Gold Certified technology consulting firm, has been awarded the prestigious Microsoft Eastern Region Partner of the Year Award. The award was presented to Allin at Microsoft's world wide partner conference in Boston, Massachusetts on July 11th. Allin was recognized as Microsoft's top all-around partner in the region over Microsoft's past fiscal year. Microsoft's Eastern Region covers relationships with all of its partners from Florida to Maine.
The award was garnered through Allin's Pittsburgh office, which had previously been awarded the Greater Pennsylvania District Area Award in recognition of its outstanding achievement as a Microsoft partner. In addition, Allin's Northern California office has also been a recipient of the Western Region Microsoft Partner of the Year award for "Winning on Value." Allin's Northern California office has also received quarterly Partner Excellence awards for "Marketing Effectiveness," "Competencies and Best Practices" and again for "Winning on Value."
"We are proud to have been recognized by Microsoft at such a high level," stated Rich Talarico, Allin's CEO. "To have been selected from the many Microsoft partners in the Eastern Region for this award is a testament to the consistently outstanding efforts of our team. The most satisfying thing to me in receiving this outstanding honor is that it recognizes what I have known for a long time; the staff at Allin is the best among the best."
Tim O'Shea, managing director of Allin's Pittsburgh office accepted the Partner of the Year award for his staff. He commented, "Although I personally accepted this award on behalf of Allin, it would have been more appropriate if my entire staff could have been there with me. This honor is a result of their dedication and hard work. Our staff has continually pushed itself to deeply understand Microsoft's technologies and strategies to ensure we can deliver the best possible solutions for our clients. I commend them and thank them for their extraordinary efforts."
Mark Cabot, managing director of Allin's Northern California operations added, "Microsoft's recognition of Allin's capabilities and value added services further differentiates Allin in a crowded Microsoft partner landscape. There are many Microsoft partners in the Eastern region, but only one can earn the distinction as Microsoft's Partner of the Year. It is a tremendous achievement and I would like to congratulate the Pittsburgh office."
About Allin Corporation
Allin Corporation is a leading provider of solutions-oriented application development and technology infrastructure consulting and systems integration services. Allin specializes in Microsoft-based technologies and interactive media with operations centered on four practice areas: Technology Infrastructure, Collaborative Solutions, Business Process and Interactive Media. Allin leverages its experience in these areas to work with clients through a disciplined project delivery framework to ensure that solutions are delivered on time and on budget. Allin delivers these services through the trade names Allin Consulting, Allin Interactive and the CodeLab Technology Group. The Company maintains offices in Pittsburgh, Pennsylvania; Ft. Lauderdale, Florida; Wakefield, Massachusetts; and San Jose and Walnut Creek, California. For additional information about Allin, visit the Company's Internet sites on the World Wide Web at http://www.allin.com and http://www.codelabtech.com/.
SOURCE Allin Corporation
----------------------------------------------
Dean C. Praskach Chief Financial Officer of Allin Corporation +1-412-928-2022 or +1-412-928-0225 or Dean.Praskach*allin.com
Posted by J_U_ICE on :
HATTIESBURG, MS -- (MARKET WIRE) -- 07/13/06 -- Bio-Solutions Manufacturing, Inc. (OTCBB: BSLM) (Frankfurt: B2T.F) today announced its commencement of its new bio-diesel venture by combining the recently acquired Bio-Extraction Services, Inc., (provider of the technology for extracting oil and grease from food service facilities' grease traps (interceptors) and municipal collection systems), with the proposed acquisition of Bioremediation Services, Inc. and its growing network of franchisees.
Franchisees' earnings in the past have been derived from services they provided to food service facilities for treatment of grease traps and drain lines and municipal sewer mains, lift stations, and treatment plants. The oil and grease waste derived from the commercial cooking establishments is divided into two categories: yellow and brown grease. There is typically twice as much brown grease per restaurant as yellow grease, and BSLM technology can handle both types.
It is intended that all existing franchisees will be required to upgrade their franchise agreement in order to participate in the Bio-Extractor program. With the addition of the Bio-Extractor, each grease trap and lift station can become a small individual oil well, with the potential to increase revenue to the franchisee and the Corporation with relatively little add-on costs. Bio Solutions intends to revamp its franchise agreement for all new franchisees allowing them to participate in this new bio-diesel feed stock extraction venture and this represents a significant potential increase in revenues for both Bio Solutions and its network of franchisees.
According to Michael Silverman, President of Bioremediation Services, Inc., "This represents a major opportunity for Bio Solutions -- one that we believe can increase corporate and franchise revenues. The BioExtractor opens the door for franchisees to own and operate their own individual oil wells, extracting the oils and grease from food service facilities and municipal treatment facilities that can be used to produce bio-diesel and other value-added products. This is a great opportunity and I look forward to the expansion of our company in this field."
According to U.S. government statistics, the combined potential in the United States for bio-diesel production is in excess of 1,650,000,000 (1.65 billion) gallons per year and growing rapidly. This production is potentially of major significance in accordance with President Bush's plan to combat high gas prices. Bio-Solutions believes it can produce bio-diesel for less than $1.00 per gallon and is also entitled to receive a .50 per gallon tax credit for the refiner, according to President Bush's Four Part Plan Program. See fact sheet at www.whitehouse.gov/news/releases/2006/04/20060425-2.html. BSLM, with its technology for extracting oil and grease (feed stock for bio-diesel), is seeking to become a major player in this industry. David S. Bennett, President and CEO of BSLM, states: "Our corporation is striving to fulfill its mission to help combat the destructive agents that pollute and harm our environment, in addition to helping America lower its dependence on foreign oil."
Bio Solutions corporate office anticipates hosting a major training session for new franchisees and recruits in September 2006.
About Bio Solutions Manufacturing, Inc.:
Bio Solutions has developed superior microbiological products for waste bioremediation. Bio Solutions currently services many municipal collection systems and a growing number of food service facilities in the United States. The company's products have been approved by an ever-growing number of municipalities for use in food service facilities that produce waste products introduced into the municipal collection systems. Bio-Solutions' products treat waste in an environmentally friendly and safe manner in compliance with Federal and State government standards.
Bio Solutions has also developed a line of environmentally friendly cleaning products that include an all purpose cleaner, carpet cleaners, concrete and asphalt cleaners, and floor soaps. With these lines of products, it is enabling Bio Solutions to broaden its customer base to residential areas as well as to businesses and municipalities.
Bio Solutions has acquired a unique patented grease extractor to be used in conjunction with bioremediation solutions to extract desired oil and grease to be converted into value-added products.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities 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 results.
For More Information, Please Contact: Patricia Spreitzer 702-222-4781
Posted by J_U_ICE on :
IDWD (.85)Updates Homeland Security Worldwide (HLS) Offer to Acquire IDS Common Shares HLS to Submit Formal Written Offer by July 20, 2006 Jul 13, 2006 2:28:00 PM
ORLANDO, FL -- (MARKET WIRE) -- 07/13/06 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) reported that it had concluded meetings with the executives of HLS today and HLS executives will be returning to Dubai this weekend. HLS has informed IDS that upon their return to their headquarters on Monday they would have their advisors immediately draft a formal written offer to acquire the outstanding shares of IDS common stock for $2.35 per share. HLS purchases in the open market from the public float and limited purchases from restricted stock of insiders will allow HLS to achieve majority control.
IDS feels that when consummated the $2.35 per share will benefit the majority of the public stockholders. The buyout will not include the 995ad.com division which will have its own registration.
HLS has informed IDS it will use funding facilities with its current bankers and a $50 Million Bond offering overseas that has been planned previously for expansion and worldwide acquisitions. If accepted, its offer for IDS common stock will not involve stock but would be an all-cash purchase offer.
HLS has increased its offer to $2.35 per share and informed IDS upon acceptance of the offer HLS would have its banker JPMorgan Chase set up the appropriate closing escrow accounts. IDS has informed HLS that upon acceptance of the offer HLS will have to pay a $5 Million non-refundable deposit to be placed in the escrow accounts till closing.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
For further information contact: IDS Worldwide, Inc. info*ids-worldwide.com
Posted by J_U_ICE on :
HIV .22
Calypte Receives African Order for Aware(TM) HIV-1/2 Oral Fluid Rapid Tests
Jul 13, 2006 2:32:00 PM
LAKE OSWEGO, Ore., July 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Calypte Biomedical Corporation (Amex: HIV) (the "Company"), medical diagnostic tests manufacturer for the professional point of care (PRO) and over the counter (OTC) segments of the market for the detection of antibodies to the human immunodeficiency virus (HIV), announced today that it has received an initial order for 35,500 units of its Aware(TM) HIV-1/2 oral fluid rapid test. This initial order has been placed through Gennaria Comercio International Lda on behalf of MineSeeker Foundation and will be sold through Calypte's exclusive distributors in Africa once final destinations are known. Calypte currently has approval to sell its rapid oral fluid test in South Africa and Kenya. Based on Calypte's communications with MineSeeker, this is the first firm order of a series of orders totaling 1.0 million tests that MineSeeker intends placing with Calypte over the next 12 months.
Gennaria represents several humanitarian organizations, including MineSeeker, which plans to launch a large-scale HIV testing initiative in Africa beginning this September.
Nelson Mandela said: "As a patron of MineSeeker, I totally support the AIDS test initiative. The tests will remove the fear of many people who believe they may be infected and who are nervous about blood testing. Fear is a terrible affliction, whether it is the fear of treading on a mine or the fear not knowing if you are HIV positive."
Roger I. Gale, Calypte's Chairman and Chief Executive Officer commented, "We have long believed we have been developing an effective solution in the battle against HIV/AIDS with a non-invasive rapid diagnostic test. Now that we are receiving approvals in HIV-stricken areas in Sub-Saharan Africa, we are targeting humanitarian organizations that want to make significant contributions in the fight against AIDS."
Mr. Mike Kendrick, founder of MineSeeker, stated, "The intended first order of 1 million tests is part of a larger MineSeeker initiative to deliver 5 million HIV oral fluid rapid tests to Africa. The purchase of the initial 1 million Aware(TM) HIV-1/2 oral swab rapid tests will be donated to NGOs for distribution in the field or sold, at cost."
Mr. Kendrick continued, "While the primary objective of MineSeeker is the eradication of land mines, we are also committed to the regeneration of the local communities. Without that, the clearance of mines is only part of the answer. Land will be returned to the people to grow food and a foster management program installed to help re-establish themselves. This will mean growing good quality crops that will lift the natural immunity system -- particularly helping AIDS sufferers. The introduction of the Aware(TM) product will help re-build the confidence of these communities."
About MineSeeker Foundation:
The MineSeeker Foundation (www.mineseeker.com) is primarily involved with the removal of land mines. The foundation has a new initiative, the 'Sole of Africa' initiative, which includes returning mine free land back to agriculture and an educational and empowerment program that trains local people to farm and vocational training for people unable to find work, including land mine and AIDS victims.
The MineSeeker Foundation Patrons include Nelson Mandela, Sir Richard Branson, Queen Noor of Jordon, Graca Machel, John Paul Dejoria and Brad Pitt. The Foundation is supported by other leading NGOs including 'Feed the Children', The International Youth Foundation and The Salvation Army.
About Calypte Biomedical:
Calypte Biomedical Corporation (www.calypte.com) is a U.S.-based healthcare company focused on the development and commercialization of diagnostic testing products for the detection of sexually transmitted diseases such as the HIV-1 BED Incidence EIA and new diagnostic test products for the rapid detection of HIV and other sexually transmitted diseases, several of which do not require blood samples. Calypte believes there is a significant need for rapid detection of such diseases globally to control their proliferation, particularly in developing countries, which lack the medical infrastructure to support laboratory-based testing. Calypte believes that testing for HIV and other sexually transmitted infectious diseases may make important contributions to public health, and could increase the likelihood of treating those with undetected HIV and other sexually transmitted diseases.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the Company's ability to obtain additional financing, if and as needed, and access funds from its existing financing arrangements that will allow it to continue its current and future operations and whether demand for its test products in domestic and international markets will generate sufficient revenues to achieve positive cash flow and profitability. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-KSB for the year ended December 31, 2005 and its subsequent filings with the SEC.
Company Contact: Theodore R Gwin, Chief Financial Officer (971) 204-0282 email:tgwin*calypte.com Investor Relations Contact: Tim Clemensen, Rubenstein Investor Relations Phone: (212) 843-9337 email:tclemensen*rubensteinir.com SOURCE Calypte Biomedical
Company, Theodore R Gwin, Chief Financial Officer, +1-971-204-0282, tgwin*calypte.com; Investor Relations, Tim Clemensen, Rubenstein Investor Relations, +1-212-843-9337, tclemensen*rubensteinir.com
Copyright (C) 2006 PR Newswire. All rights reserved.
Posted by jordanm on :
1548% increase !!!!!
Sparta Commercial Services Announces Dramatic Increases in YTD Results NEW YORK, NY -- (MARKET WIRE) -- July 13, 2006 -- Sparta Commercial Services, Inc. (OTCBB: SRCO), the New York-based financial services company dedicated exclusively to the powersports industry, today announced a dramatic increase in performance for the four months ending June 30, 2006, over the same period in 2005.
"We had an increase of 1,548% in the volume of actual fundings during the four month period ending June 30, 2006, over the same period in 2005," said Anthony Havens, chief executive officer of Sparta Commercial Services. "We are extremely pleased about these results. If our fundings continue to increase at the current rate, we will exceed our internal projections for the fiscal year ending April 30, 2007," said Havens. "Our current performance confirms our ability to generate an increasing volume of business from our existing dealer base, while increasing the number of registered Sparta dealers. At June 30, 2006 our base of registered dealers had increased by 354% over June 2005," Havens continued.
The company recently announced that it entered into an agreement with netLoan Funding, LLC, a provider of consumer and commercial finance options and lender management services for Internet auction and sale sites. The agreement directs users who successfully bid on or purchase specified powersports vehicles and wish to lease or finance those vehicles, to do so by being routed by netLoan Funding to a dedicated portal on the Sparta Web site, www.spartacommercial.com. Once there, the users will be able to complete online credit applications, be immediately approved or declined by our industry acclaimed, proprietary, web-based, credit application processing system, iPLUS™, and, if approved, conclude the process within minutes. "We expect to be fully operational with this program by the first of August," said Havens.
"We are proud that our innovations in the powersports financing marketplace are well-timed and well-received, and that our earlier expectation about the inevitable growth in this market segment is proving somewhat prophetic, particularly since the price of gasoline has recently resulted in a significant increase in consumer demand for scooters," said Havens. "Further, our anticipation of the growth in the motorcycle rental market has been validated, and the reception of our Lease-to-Rent program -- which saves rental operators considerable capital and gives them a number of advantages over purchasing the same vehicles -- has been better than projected." Sparta estimates that the potential market for its Lease-to-Rent program exceeds one hundred rental operators, with the largest franchiser projecting the acquisition of 2,000 vehicles in 2006.
About Sparta Commercial Services:
Sparta Commercial Services, Inc. (www.spartacommercial.com) is an Internet-based acceptance (sales finance) and leasing company dedicated exclusively to the powersports industry, concentrating on motorcycles over 600cc, 4-stroke all-terrain vehicles, and select scooters through private label programs for manufacturers' distributors. Sparta provides a full line of financing solutions including indirect retail installment sales contracts and direct closed-end leases, as well as related services including GAP coverage and vehicle service contracts.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, amount of, obtaining and satisfying terms of credit lines, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
NEW YORK, NY -- (MARKET WIRE) -- 07/13/06 -- Sparta Commercial Services, Inc. (OTCBB: SRCO), the New York-based financial services company dedicated exclusively to the powersports industry, today announced a dramatic increase in performance for the four months ending June 30, 2006, over the same period in 2005.
"We had an increase of 1,548% in the volume of actual fundings during the four month period ending June 30, 2006, over the same period in 2005," said Anthony Havens, chief executive officer of Sparta Commercial Services. "We are extremely pleased about these results. If our fundings continue to increase at the current rate, we will exceed our internal projections for the fiscal year ending April 30, 2007," said Havens. "Our current performance confirms our ability to generate an increasing volume of business from our existing dealer base, while increasing the number of registered Sparta dealers. At June 30, 2006 our base of registered dealers had increased by 354% over June 2005," Havens continued.
The company recently announced that it entered into an agreement with netLoan Funding, LLC, a provider of consumer and commercial finance options and lender management services for Internet auction and sale sites. The agreement directs users who successfully bid on or purchase specified powersports vehicles and wish to lease or finance those vehicles, to do so by being routed by netLoan Funding to a dedicated portal on the Sparta Web site, www.spartacommercial.com. Once there, the users will be able to complete online credit applications, be immediately approved or declined by our industry acclaimed, proprietary, web-based, credit application processing system, iPLUS(TM), and, if approved, conclude the process within minutes. "We expect to be fully operational with this program by the first of August," said Havens.
"We are proud that our innovations in the powersports financing marketplace are well-timed and well-received, and that our earlier expectation about the inevitable growth in this market segment is proving somewhat prophetic, particularly since the price of gasoline has recently resulted in a significant increase in consumer demand for scooters," said Havens. "Further, our anticipation of the growth in the motorcycle rental market has been validated, and the reception of our Lease-to-Rent program -- which saves rental operators considerable capital and gives them a number of advantages over purchasing the same vehicles -- has been better than projected." Sparta estimates that the potential market for its Lease-to-Rent program exceeds one hundred rental operators, with the largest franchiser projecting the acquisition of 2,000 vehicles in 2006.
About Sparta Commercial Services:
Sparta Commercial Services, Inc. (www.spartacommercial.com) is an Internet-based acceptance (sales finance) and leasing company dedicated exclusively to the powersports industry, concentrating on motorcycles over 600cc, 4-stroke all-terrain vehicles, and select scooters through private label programs for manufacturers' distributors. Sparta provides a full line of financing solutions including indirect retail installment sales contracts and direct closed-end leases, as well as related services including GAP coverage and vehicle service contracts.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, amount of, obtaining and satisfying terms of credit lines, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
Contact: A.L. Havens CEO Sparta Commercial Services, Inc. (212) 239-2666 alhavens*spartacommercial.com
Posted by Peaser on :