Juice is still out, so please do him proud Posted by captain america on :
ihdr .14
INTERNAL HYDRO INTERNATL Internal Hydro International, Inc. Small Hydro Unit Published in the International Water Power and Dam Construction Magazine 11/6/2006 HOLLYWOOD, Fla., Nov 6, 2006 (PrimeZone Media Network via COMTEX News Network) --
Internal Hydro International, Inc., (OTCBB:IHDR) (www.internalhydro.com) announced today that its low impact hydro Energy Commander V technology has been covered in an article in the International Water Power & Dam Construction Journal, in the October 2006 issue. The Journal is the foremost subscription publication for the dam and hydro industry. The article was published after the Journal's editors selected the technology due to its unique nature and attributes for the small hydro segment. The article is contained on page 44, within the Journal's coverage of small hydro technologies. The article, entitled "Commanding Attention," includes an overview of the ecologically friendly nature of the low impact Energy Commander V system, its operating principles, applications in varied uses where traditional hydro may not work, and the production and marketing overview of the system with its European partner, Cm2, and in the future. The article will be displayed on the Company's web site. The reaction to the article has caused considerable international interest in placements of the system to the Company.
The EC V is a 12 cylinder radial slice concept has been displayed in Mobile, Alabama, where it has been shown operating from a three inch line at 50 p.s.i. to produce electricity and mechanical power. The system is now being tested by an independent engineering firm for intake pressures, mechanical forces created with and without electrical load, and back pressures from the system. The slice concept means that the units can be stacked to provide additional power given the flow and head available at any one site. Unlike traditional hydro turbines, the Energy Commander utilizes low flows through cylinders. The unit is ecologically sound, without the usual problems of oxidation and large intakes associated with turbines. The Company is employing LA Engineering of Theodore, Alabama for the testing of the unit's performance before the unit is produced by Cm2 in Italy for initial placements.
About Internal Hydro:
Internal Hydro International, Inc. is an alternative energy company that developed a clean energy power system, the Energy Commander Systems, that utilizes a patented technology, using waste water, fluid or gas flow from any source where flow pressure is present, and yet wasted, to create electricity. Internal Hydro has licensed a tire remediation to fuel and ethanol waste (DDG) to biofuels technology for use on ethanol plants domestically. IHDR is international in scope, with European production and marketing for its core technologies, and is preparing to enter the market with its core Energy Commander systems. Internal Hydro is well positioned to gain major market share and dominate the niche of hydro and renewable energy in the fragmented alternative energy marketplace. For more information, please visit the Company's Web site at www.InternalHydro.com. Posted by captain america on :
arwd .31
ARROW RESOURCES DEVELOP Arrow's Principal Shareholder Agrees to Purchase up to 15,000,000 Shares 11/6/2006 NEW YORK, NY, Nov 06, 2006 (MARKET WIRE via COMTEX News Network) --
Arrow Resources Development, Inc. (OTCBB: ARWD) announces that Arrow Pacific Resources Group Limited has agreed to purchase up to 15,000,000 shares of common stock in Arrow Resources Development, Inc. for $1.00 a share. Arrow Pacific Resources Group Limited is currently the principal shareholder of Arrow Resources Development, Inc. owning 349,370,000 shares (53.78%). To date, the Company has received $535,000 in relation to this agreement.
About Arrow Resources Development, Inc. ("Arrow")
Arrow Resources Development, Inc. provides corporate operating structure, financial operations, sales and marketing activities and the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI company) is for the development of large scale plantation/farming and mining operations in Indonesia and Papua New Guinea. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, P.T. Eucalyptus Alam Lestari (owned by Arrow Pacific) for the large scale plantation/farming in Indonesia. Arrow agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming and mining operations including any and all sales of natural resources and derivative products (e.g. paper, pulp, chips).
Contact Investor & Public Relations William R. St. George Jr. 212-262-2300 info*arrowrd.com
SOURCE: Arrow Resources Development, Inc.
mailto:info*arrowrd.com
Posted by captain america on :
mdvx .84
MODAVOX INC Modavox to Launch VoiceAmerica(TM) Sports Channel 11/6/2006 Modavox's VoiceAmerica(TM) Networks to Expand Its Broadcasting to Include an Independent Online Talk Radio Channel Dedicated to Sports Talk
PHOENIX, Nov 06, 2006 (BUSINESS WIRE) --
Modavox, Inc (OTCBB:MDVX) announced today the intention to expand the existing online talk radio VoiceAmerica(TM) Network by launching the VoiceAmerica(TM) Sports Channel in early 2007. With a media-savvy look and design, enhanced features and functions, improved broadcast quality and multiple platform choices, the VoiceAmerica(TM) Sports Channel will represent a dynamic source for comprehensive and reliable sports information presented in a talk radio format available live and on demand and podcast ready. With a wide range of sports-related content, the VoiceAmerica(TM) Sports Channel is poised to become THE online source for hot sports topics and compelling conversation from some of the best known names in sports.
The VoiceAmerica(TM) Sports Channel is adding new, highly credited hosts from all areas of the Sports world. For example, host and former football great Darrell Green recently welcomed former NFL Hall of Fame standout Jim Brown to his show currently broadcasting on the VoiceAmerica(TM) Channel.
Modavox Vice President of Business Development and Strategic Marketing, Nathaniel Bradley, stated, "We are very excited to launch a sports channel among our cadre of quality programming on the VoiceAmerica(TM) Networks." Modavox CEO, David Ide, added, "We anticipate the VoiceAmerica Sports Channel will not only attract the best sports talk talent but also open additional revenue streams in advertising and sponsorship. Importantly, it will further allow us to continue to expand our significant count of unique monthly visitors to our sites."
In addition to live broadcasts, all VoiceAmerica shows are available On Demand to ensure optimal listener convenience. Modavox has adding services to enable the downloading and podcasting of shows onto MP3 players, PDAs, smart phones, and other portable digital devices.
Modavox, Inc. (www.modavox.com), a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
SOURCE: Modavox, Inc.
Modavox, Inc., Phoenix Media Contact: Denise Dion, 480-643-5632 denise.dion*modavox.com Copyright Business Wire 2006
Posted by Chopper on :
In the first official communication posted to a b log by a chairman of the Securities and Exchange Commission, Christopher Cox said he was intrigued by the idea of letting companies use Web logs to disseminate important corporate information.
Cox has invited the chief executive of Sun Microsystems Inc., avid blo gger Jonathan Schwartz, to talk to the agency about the idea of allowing companies to disclose significant financial information through b logs.
The SEC chief showed interest in Schwartz's recent request for b logs to be used as a way to expand investors' access to information. His response to Schwartz, posted on Sun's Web site on Friday, caught the attention of the online world and even sparked envy from a Wall Street Journal b log.
A growing number of major companies now publish corporate b logs or online diaries. The SEC position is that current regulations do allow for b logs, like news releases, regulatory filings, Web sites and Webcasts, to be used to disseminate companies' financial information, provided a particular b log reaches a broad audience.
A 2000 rule known as Regulation FD, for Fair Disclosure, ended a long-standing practice by forbidding companies from providing significant information to stock analysts and other Wall Street insiders ahead of the public. The rule requires the method or methods used to be "reasonably designed to provide broad, non-exclusionary distribution of the information to the public."
"The (SEC) encourages the use of Web sites as a source of information to the market and investors, and we welcome your offer to further discuss with us your views in this area," Cox told Schwartz in his posting on the CEO's b log. (He also sent Schwartz a letter by mail.)
Said Cox: "Assuming that the (SEC) were to embrace your suggestion that the 'widespread dissemination' requirement of Regulation FD can be satisfied through Web disclosure, among the questions that would need to be addressed is whether there exist effective means to guarantee that a corporation uses its Web site in ways that assure broad non-exclusionary access ..."
Cox has pushed several technology initiatives meant to give investors more useful and complete information about companies and mutual funds. His novel way of responding to Schwartz provoked jealousy on the part of The Wall Street Journal's Law B log.
"We're jealous," lead writer Peter Lattman huffed Monday on the b log. "SEC Chairman Christopher Cox posted a comment on a b log. But not the Law B log. ...
"Shameless plea to Chairman Cox: We've got a serious case of the Monday morning blues and it would turn our day around if you posted a comment on the Law B log. Don't worry, we don't want your thoughts on Reg FD or hedge funds. Keep it light: Tell us about the last movie you saw. Your favorite book? Thanksgiving plans?"
In a Sept. 25 letter to Cox, Schwartz noted that Sun's Web site, which gets an average of nearly a million user hits a day, includes the b log that he writes as CEO and those of thousands of employees of the Silicon Valley server and software maker.
"My b log is syndicated across the Internet by use of RSS technology," Schwartz wrote. "Thus, its content is 'pushed' to subscribers. This Web site is a tremendous vehicle for the broad delivery of timely and robust information about our company. ...
"We encourage you to look to the Internet to achieve the (SEC's) objectives of greater investor access to information," he told Cox.
Schwartz's letter didn't specify how many people read his b log, as opposed to the Web site in general, so more data would be needed to determine whether it meets the criterion of broad distribution under the regulation, in the SEC's view.
Schwartz, who recently started publishing his b log in French and nine other languages, has said it attracts 50,000 viewers a month. For him, he says, it has become "the single most effective vehicle to communicate" with investors, journalists and analysts.
Thirty Fortune 500 companies are now publishing corporate b logs, nearly double the number in December 2005, according to the Fortune 500 b logging Wiki, a collaborative tracking site. Technology companies such as Amazon.com Inc., Cisco Systems Inc. and Oracle Corp. were early adopters, but senior executives at big industrial companies like Boeing Co. and General Motors Corp. also have embraced the trend.
In its unfiltered form, b logging allows CEOs to bypass the public relations department, journalists and industry analysts and speak directly to the public. Few company b logs are written by the chief executives, however.
Schwartz's http://b logs.sun. com/jonathan/
Posted by J_U_ICE on :
SVMI .006- SaVi Media Group Reports Results of Phase I Proof-of-Concept Testing
SANTA ANA, CA, Nov 07, 2006 (MARKET WIRE via COMTEX) -- SAVI MEDIA GROUP, INC. (OTCBB: SVMI) has recently received a progress summary from California Environmental Engineering (CEE LLC), an environmental testing laboratory on the Phase I testing of the SaVi DynoValvePro. The initial results indicated an improvement (reduction) in all tailpipe emissions. Joe Jones, CEE Research Director, noted in his report that "the initial capability in lowering Hydro Carbons (HC), Carbon Monoxide (CO), and Nitrogen Oxides (NOx) while increasing fuel economy is considered important. Seldom does an individual system technology lower all tailpipe emissions while improving fuel economy. The early results verify the viability of the technology and indicate that more dramatic results may be expected and achieved with time."
The Phase I tests were being conducted on an International DT466 210HP compression ignition engine, representative of those currently available in medium and heavy-duty vehicles. The tests were conducted under the Federal 8-Mode test cycle for variable speed engines as defined in 40-CFR, Part 89, as amended July 13, 2005. Diesel (D-2) ultra low sulfur test fuel was obtained and used for the SaVi Phase 1 test series. The fuel used contained less than 15ppm of sulfur content. The results, while positive, are based on limited test data. Phase I testing will continue to be performed on the SaVi DynoValve-Pro over the upcoming weeks.
CEE is licensed to test products in order to allow certification by the California Air Resources Board exemption procedure and the U.S. Environmental Protection Agency guidelines. This process allows issuance of an Executive Order (EO) which provides the holder the opportunity to legally sell their product.
In addition to the positive test results, significant progress is being made on the completion of SaVi's manufacturing, research and development lab. We have completed the installation of overhead cranes, begun placement and calibration of machinery, and further developed our manufacturing flow process study. The lab enables SaVi Media Group to develop and manufacture DynoValves and DynoValve-Pros of various sizes for lawnmowers, recreation vehicles, automotive, diesel, or marine and stationary engines.
"This is an important step in the process to commercialize our technology. Having CEE validate our proof of technology followed by the issuance of a California Executive Order is a critical confirmation to the many entities interested in acquiring our products. We expect to complete the necessary testing to obtain a California Executive Order (EO) within the first quarter of next year. Not only will this allow us to legally sell our product in California, but the Executive Order is recognized nationally and internationally and will open multiple markets for us. SaVi products will provide significant value through the reduction of harmful emissions, and improved fuel economy," stated Greg Sweeney, Chief Executive Officer of SaVi Media Group, Inc.
About SaVi Media Group
SaVi Media Group is a development-stage company designed to create and commercialize blow-by gas and crankcase engine emission reduction technology. They have created a simple gasoline and diesel engine emission reduction technology, allowing them to provide their clients with lower-cost, more effective and more efficient emission reduction and engine performance. With 20+ years of emissions and materials R & D behind it, the Company was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology that we believe can reduce emissions and improve fuel efficiency.
Safe Harbor Statement: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain other Joint Ventures. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.
Contact: SaVi Media Group Greg Sweeney 800-916-5420 Greg.Sweeney*SaViMediaGroup.com www.SaViMediaGroup.com Posted by J_U_ICE on :
GMSC .008
Grand Entertainment & Music, Inc. Announces Lost City Artist Big Lou Releases Second Album Nov 7, 2006 7:00:00 AM MONTREAL -- (MARKET WIRE) -- 11/07/06 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) announces that Lost City artist Big Lou released his second album this morning.
East Coast native rapper, Big Lou released his much-anticipated second album,"Resurrecting the Dead," today. The album was written by Big Lou and hosted by DJ Kay Slay. His debut album, "The Lost City," earned him 3 Underground Music Awards; a feat never before accomplished by a new rapper. Big Lou sold thousands of copies of his first album in his hometown of Camden, New Jersey alone. This up-and-coming rapper has been promoting his shows and albums on MySpace.com (http://www.myspace.com/biglouthespanishfrankwhite). Big Lou's current site has had over 3000 hits, and his songs have been played and downloaded over 2500 times. His previous site on MySpace.com had over 25,000 fans and his songs had been played over 160,000 times. Lost City Records put a link on Big Lou's current site to pre-sell "Resurrecting the Dead." A limited number of records were put up for pre-sale, and those albums sold out within hours.
As the company stated in previous press releases, Grand Entertainment is acquiring 50% of Lost City Records. Both companies have agreed on the terms and conditions of the acquisition, and the deal should be finalized by the end of the week.
"I am extremely excited to have Big Lou become a member of our family, and I look forward to being a part of this talented rapper's rise to fame," stated President Fred Berlin. "This newly formed partnership between Grand Entertainment and Lost City will be a great venture for all involved, especially the artists. I have been in this business for a long time, and I can say with confidence that Big Lou has the dedication and determination to make it big. I am proud that Grand Entertainment will be involved in his growth and success."
About Grand Entertainment & Music, Inc.
Based in Montreal, Canada and incorporated in November 1998, the Company is an independent music entity that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, The Company's multi-million dollar studio, Cherry Studios, has produced voice-overs and sound tracks for commercials and film. In addition, Cherry Studios has also produced thousands of recordings and has to its credit a total of 23 gold and platinum albums. GEM has recently found success in the reggaeton market with its signature artist, Qbanito. Qbanito's debut album has already generated a #1 hit in Canada and is currently being marketed by Universal Music in Europe. Grand Entertainment also controls exclusive rights to vast catalogues of previously unreleased recordings from Cuban music archives. In addition to these assets, the company will focus on growth through acquisitions over the next twelve months in an effort to reach its mission of becoming a premier production, recording, publishing, and Internet distribution company.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact: Grand Entertainment and Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.com www.gmsc-info.com Posted by Superbee383 on :
VTSI - .056
VIRTRA SYSTEMS INC
VirTra Systems Receives Simulator Order From U.S. Marshals Service 11/7/2006
HOUSTON, Nov 07, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI). Major General Perry V. Dalby (USA-Retired), VirTra Systems' chief executive officer, today announced receipt of an IVR(R) 300 immersive small arms training simulator order from the United States Marshals Service.
The IVR simulator order, specially customized for the U.S. Marshals Service, includes VirTra Systems' immersive 300-degree firearms training and marksmanship system, with options such as weapon training-conversion kits, TASER support, and Threat-Fire(TM) accessories.
For over 200 years, U.S. Marshals Service deputies have served as the instrument of civil authority by all three branches of the U.S. government. The U.S. Marshals Service is the Nation's primary fugitive hunting organization responsible for capturing more federal fugitives each year than all other national law enforcement agencies combined.
"The simulator is scheduled for near-term installation at a newly constructed, high-profile training facility," commented Michael Kitchen, VirTra Systems' executive vice-president. "In addition to apprehending some of the most notorious criminals in history, the U.S. Marshals Service is responsible for federal witness, judge, and courthouse protection."
For more information about VirTra Systems' products, please visit our web site at www.virtra.com , or call (303) 718-2600.
About VirTra Systems
Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Army, Navy, Air Force, Marines, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army. For more information, visit www.virtra.com .
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. VirTra Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.
Media Relations: VirTra Systems, Inc. Steve Haag, vice-president of investor relations Houston, Texas (832) 242-1100 shaag*virtra.com
SOURCE VirTra Systems, Inc.
media, Steve Haag, vice-president of investor relations of VirTra Systems, Inc., +1-832-242-1100, or shaag*virtra.com http://www.virtra.com/
Copyright (C) 2006 PR Newswire. All rights reserved
Posted by Superbee383 on :
PHEI - .005
PHANTOM ENTERTAINMNT INC
Phantom Entertainment Signs Manufacturing Contract to Meet Demand for Phantom Lapboards With Media Center PCs 11/7/2006
SEATTLE, Nov 07, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI) today announced the Company has signed a contract with Itron Technology Inc., a worldwide leading manufacturer and marketer of input devices such as keyboards and mice, to meet the demand for the Phantom Wireless Lapboards from manufacturers of media center PCs and distributors as well as retail customers.
"Demand for Phantom Wireless Lapboards from major manufacturers of media center PCs and distributors has required the Company to make some changes in its production schedule," explained Greg Koler, President and CEO of Phantom Entertainment Inc. "Our manufacturing contract with Itron Technology establishes a production schedule to fulfill orders from major manufacturers of media center PCs and distributors as well as retail consumers."
"The production schedule will result in container shipping from manufacturing facilities in China to the United States in February 2007," Koler said. "The schedule will enable the Company to begin air shipping of Phantom Wireless Lapboards in January 2007 to meet online orders received through October 31. The Company intends to announce major retail distribution agreements through the first quarter of 2007 and to have broad retail availability in the U.S. of Phantom Wireless Lapboards in March 2007," he said.
The Phantom Wireless Lapboard and Phantom(r) Wireless Laser Mouse are a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, and a wireless high definition 1200 dpi laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left- or right-handed users and inclines on a 22-degree angle with a hard surface below for the Phantom Wireless Laser Mouse. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications on PC and Apple Mac platforms.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. The Company is in the development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact
pr*phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Copyright (C) 2006 PR Newswire. All rights reserved
Posted by Superbee383 on :
VLDI - .09
VALIDIAN CORPORATION
Validian Introduces World's First Secured Enabler for Enterprise P2P Networks 11/7/2006
Company Extends Its Presence in the $7.8B Security Software Market by Providing Unsurpassed Security For the Fastest Growing Form of Internet Traffic
OTTAWA, Nov 7, 2006 (PrimeZone Media Network via COMTEX News Network) -- Validian Corporation (OTCBB: VLDI), a leader in application security software and solutions, today announced the immediate availability of the Validian ASI P2P, the world's first enterprise-grade peer-to-peer (P2P) framework. The new framework will enable enterprise and government customers to better utilize their existing computing and storage resources and curb runaway infrastructure costs.
Validian is selling its secure P2P framework through its existing channel partner distribution network for the secure distribution of movies and music over the Internet and to federal and state governments.
In P2P environments, distributed application components collaborate to accomplish business tasks and satisfy business processes. Application components call on and exploit network-resident services and harness edge resources such as CPUs, memory, storage and bandwidth to improve flexibility and cost-efficiency. Furthermore, unlike traditional client-server architectures, P2P environments enable direct communication between endpoints, eliminating the need for a central server and making better use of resources at the edge of the network and lowering the demand for bandwidth at high-traffic sites.
Commenting on the announcement, Mark LeGuerrier, VP of Technology at Validian Corporation, stated, "Validian's ASI P2P is the world's first P2P infrastructure designed specifically to address enterprise-class considerations and alleviate concerns in the critical areas of security, monitoring, and manageability. Until now, enterprises and government organizations have been reluctant to develop internal applications using current P2P technology due primarily to security concerns, even though dramatic benefits in terms of infrastructure utilization, uptime, and costs can be obtained."
ASI P2P is an inherently secure P2P infrastructure consisting of both development-time and run-time components. With a rich set of capabilities for both developers and deployment experts, the software-only product simplifies the tasks of embedding P2P communication logic within custom applications, deploying P2P services such as address resolution and automatic credentials exchanges, and monitoring data exchanges within the peer community.
"Validian's P2P solution will overcome the largest barriers currently inhibiting expanded use of P2P by the enterprise. We believe this has significant revenue potential as the first secure offering in a rapidly growing, multibillion dollar market," stated Bruce Benn, CEO of Validian Corporation.
Validian Corporation is a leader in the development and marketing of innovative application-security and secure data-exchange software and solutions for public and private enterprises. Validian ASI(tm) is a software-only development and deployment environment for peer-to-peer (P2P) and client-server architectures that allows secure data exchange to be integrated directly into applications rapidly and easily, lowering development and deployment costs. ASI protects against attacks by authenticating applications, and encrypting and decrypting data within applications to ensure data exchanged between trusted applications never travels in the clear. Secured by ASI, Validian Flash Communicator(tm) delivers protected file- and message-exchange capabilities among authenticated users. Cost-effective, simple-to-deploy and easy to manage, Validian solutions facilitate security audit compliance. A U.S. corporation, Validian has offices in the United States, Canada and Switzerland.
Safe Harbor Statement
Investors should carefully consider the preceding information as well as information contained in this news release before making an investment in the shares of the company. Information contained in this news release contains "forward looking statements", which can be identified by the use of forward-looking terminology such as "believes," expects," "may," "should," or "anticipates" or negative thereof or given that the future results covered by such forward -looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements.
Validian Corporation Bruce Benn, President & CEO (613) 230-7211 Ext 226
Investor Relations: The Del Mar Consulting Group, Inc. Robert B. Prag, President (858) 794-9500 bprag*delmarconsulting.com or bruce.benn*validian.com
ZA Consulting, Inc. David Zazoff (212) 505-5976 pressreleases*za-consulting.net (C) Copyright 2006 PrimeZone Media Network, Inc. All rights reserved.
Posted by Superbee383 on :
ALRX - .075
ALPHARX INC
AlphaRx Signs Feasibility and Option Agreement With a Global Specialty Pharmaceutical Company for Its Nanoparticle Drug Delivery Systems 11/7/2006
MARKHAM, ON, Nov 07, 2006 (MARKET WIRE via COMTEX News Network) -- AlphaRx Inc. (OTCBB: ALRX) announces the signing of a Feasibility and Option Agreement with a global pharmaceutical company based in the U.S. Under the terms of the Agreement, AlphaRx will use its proprietary nanoparticle drug delivery platforms to formulate three products to enhance their effectiveness in treating pre-defined disease indications and of the three products, two are marketed products. The licensee will have 6 months to evaluate the formulated products and exercise its option right for a pre-negotiated License Agreement. AlphaRx will receive an upfront payment from the signing of the Agreement and will be eligible to receive milestone and royalty payments from future product sales that utilize AlphaRx's delivery technology.
This press release is available on the Company's official online Investor Relations HUB at http://www.agoracom.com/IR/AlphaRx for investor questions, answers and monitored commentary. Alternatively, investors are able to e-mail all questions and correspondence to ALRX*agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
About AlphaRx Inc.
AlphaRx is a clinical stage biopharmaceutical company utilizing proprietary drug delivery technology to develop novel formulations of drugs that are insoluble or poorly soluble in water or have yet to be administrable to the human body with an acceptable delivery method. The Company's product candidates address various pharmaceutical markets, including arthritis, tuberculosis, ocular infection and inflammation, cataracts, hospital-acquired pneumonia and sepsis.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the companies.
Distributed by Filing Services Canada and retransmitted by Market Wire
Copyright 2006 Market Wire, All rights reserved
Posted by Superbee383 on :
GVIS - .02
GVI SECURITY SOLUTIONS
GVI Security Solutions Secures Casino Project In Puerto Rico 11/7/2006
CARROLLTON, Texas, Nov 07, 2006 (BUSINESS WIRE) -- GVI Security Solutions, Inc. (OTCBB:GVIS), a leading provider of video security solutions featuring the complete Samsung Electronics line of products, today announced that it has been selected to provide security solutions for the largest casino in Caguas, Puerto Rico, expected to be completed in December 2006.
Under the terms of the contract, GVI will provide the Airport Shops and Hotels Corporation of Casino Real in Caguas, Puerto Rico with GVI's finest video surveillance products, integrated with its access control and matrix systems. The features of the system will include smart dome cameras with high zoom ratios, ultra high-resolution day-night series CCD cameras, high impact dome cameras, digital video recorders and matrixes that allow multiple signals to be transmitted simultaneously across a single video channel.
The first phase of the project is expected to generate $400,000 in sales for GVI and be completed in December 2006. Future additions to the project are to include security solutions for a 500 car garage and 12,000 square feet of gaming floor.
GVI has provided video surveillance solutions for a variety of environments in Latin America including ports, jails, banks, loss prevention applications, mass transportation (Metro Stations), government facilities and casinos.
"GVI is fortunate to have partnered with some of the most successful distributors and system integrators in Latin America and the Caribbean," said Fernando Tomasiello, senior vice president of sales for GVI Security Solutions, Inc. "These relationships have allowed us to win some of the most important projects in the international market as continues to expand its market reach."
About GVI Security Solutions, Inc.
GVI Security Solutions Inc. is a leading provider of video surveillance security solutions to the homeland security, institutional and commercial market segments.
Forward-Looking Statements:
Some of the statements made by GVI Security Solutions, Inc. in this press release are forward-looking in nature. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may differ materially from those expressed or implied by the statements herein. GVI Security Solutions, Inc. believes that its primary risk factors include, but are not limited to: reliance on primary supplier; effective integration of recently acquired operations and personnel; expansion risks; effective internal processes and systems; the ability to attract and retain high quality employees; changes in the overall economy; rapid change in technology; the number and size of competitors in its markets; outstanding indebtedness; law and regulatory policy; the mix of products and services offered in the company's target markets; and other factors detailed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-KSB for the year ended December 31, 2005 currently on file, as well as the risk that projected business opportunities will fail to materialize or will be delayed.
SOURCE: GVI Security Solutions, Inc.
For GVI Security Solutions Esra Kahraman, 972-245-7353
Copyright Business Wire 2006
Posted by Superbee383 on :
ECCI - .06
ECOLOCLEAN INDUSTRIES
Ecoloclean Industries, Inc. Acknowledges the Receipt of the NOBO and DTC Lists 11/7/2006
CRYSTAL CITY, Texas, Nov 07, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Ecoloclean Industries, Inc. (OTC Bulletin Board: ECCI) has just received the Non- Objecting Beneficial Owner ("NOBO") list from American Data Processing Inc., located at 51 Mercedes Way, Edgewood, NY 11717 ("ADP"). ECCI plans to release the findings as soon as possible. In the meantime, ECCI and its management are currently reviewing the report to determine the best course of action.
Mr. Ward is pleased to have finally received the NOBO and DTC lists. He stated managements goal is to continually grow the company and to build shareholders value. If a short position of the company's stock can be confirmed it could result in some sort of certificate exchange program to force the individuals holding the short position to cover their short position.
Further updates will be provided.
FORWARD LOOKING SAFE HARBOR STATEMENTS: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements and other forward-looking statements are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
ABOUT ECOLOCLEAN INDUSTRIES, INC.
Ecoloclean Industries, Inc. is the present of three wholly owned subsidiaries: Ecoloclean, Inc., World Environmental Technologies, Inc. and Aquatronics Industries, Inc. utilizing various remediation techniques and technologies. Ecoloclean Industries provides environmental waste remediation to treat and remove impurities tin contaminated and/or polluted liquids and solids for a variety of industries including, but not limited to, refineries, paper mills, petroleum and petrochemical industries. Ecoloclean Industries has merged equipment and personnel in its subsidiaries to maximize the utilization of company resources. For more information about the Company, please visit http://www.ecoloclean.com .
INVESTOR CONTACT Ecoloclean Industries, Inc. Royis Ward President and CEO OFF - 830-374-9100 FAX - 830-374-0202
SOURCE Ecoloclean Industries, Inc.
Royis Ward, President and CEO of Ecoloclean Industries, Inc., +1-830-374-9100, or fax, +1-830-374-0202 http://www.ecoloclean.com
Copyright (C) 2006 PR Newswire. All rights reserved
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CHDT (.046) Introduces 17 New Roof Tile Colors in High Gloss, Semi-Gloss and Natural Finishes Company to Begin Testing New Large Spanish 'S' and Mission Tile Designs Nov 7, 2006 7:15:00 AM
COOPER CITY, FL -- (MARKET WIRE) -- 11/07/06 -- China Direct Trading Corporation (OTCBB: CHDT), a U.S.-Chinese trading company, today announced that its Overseas Building Supply (OBS) subsidiary is introducing 17 new colors of its Dade County code-approved clay roof tiles, in high gloss, semi-gloss and natural finishes. OBS has ordered these new tile colors and finishes in response to perceived customer demand. OBS is also beginning local government testing of a new large Spanish 'S' and Mission style roof tiles. The new colors and finishes are available for order immediately and brochures and web media detailing the new color choices will be available mid-November 2006. OBS expects the new configurations, upon successful testing and approval, to be ready for sale in the second quarter of 2007.
For information on the roof tiles, including photos and testing results proving their superior strength and physical properties, visit www.chdt.us. To order tiles, or for further information, call Howard Ullman at 954-252-3440.
About China Direct: China Direct (http://www.chdt.us) is a public 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. Complete Power Solutions (http://www.completepower247.com) is a majority-owned subsidiary engaged in a turnkey solution for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) and Capstone Industries, Inc. (www.capstoneindustries.com) are companies engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of consumer 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 the financial information that follows, contains "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. Actual results may differ materially from those anticipated results set forth in the statements. The forward-looking statements may include statements regarding perceived or actual consumer demand, new product options, product orders, product development, product potential or financial performance. The fact that OBS is making available new colors and finishes is not an indication of orders or increased orders for such products. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. China Direct undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Approval of products by governmental authorities does not mean that the products will be accepted by consumers or produce any revenues or profits. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company, should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the cautionary statements in current and future China Direct SEC Filings, which statements we incorporate by reference herein.
Contact: China Direct Rich Schineller Tel: +1-941-918-1913
Posted by Superbee383 on :
CHDT - .046
CHINA DIRECT TRADING CP
Overseas Building Supply Introduces 17 New Roof Tile Colors in High Gloss, Semi-Gloss and Natural Finishes 11/7/2006
Company to Begin Testing New Large Spanish 'S' and Mission Tile Designs
COOPER CITY, FL, Nov 07, 2006 (MARKET WIRE via COMTEX News Network) -- China Direct Trading Corporation (OTCBB: CHDT), a U.S.-Chinese trading company, today announced that its Overseas Building Supply (OBS) subsidiary is introducing 17 new colors of its Dade County code-approved clay roof tiles, in high gloss, semi-gloss and natural finishes. OBS has ordered these new tile colors and finishes in response to perceived customer demand. OBS is also beginning local government testing of a new large Spanish 'S' and Mission style roof tiles. The new colors and finishes are available for order immediately and brochures and web media detailing the new color choices will be available mid-November 2006. OBS expects the new configurations, upon successful testing and approval, to be ready for sale in the second quarter of 2007.
For information on the roof tiles, including photos and testing results proving their superior strength and physical properties, visit www.chdt.us. To order tiles, or for further information, call Howard Ullman at 954-252-3440.
About China Direct: China Direct (http://www.chdt.us) is a public 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. Complete Power Solutions (http://www.completepower247.com) is a majority-owned subsidiary engaged in a turnkey solution for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) and Capstone Industries, Inc. (www.capstoneindustries.com) are companies engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of consumer 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 the financial information that follows, contains "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. Actual results may differ materially from those anticipated results set forth in the statements. The forward-looking statements may include statements regarding perceived or actual consumer demand, new product options, product orders, product development, product potential or financial performance. The fact that OBS is making available new colors and finishes is not an indication of orders or increased orders for such products. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. China Direct undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Approval of products by governmental authorities does not mean that the products will be accepted by consumers or produce any revenues or profits. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company, should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the cautionary statements in current and future China Direct SEC Filings, which statements we incorporate by reference herein.
Contact: China Direct Rich Schineller Tel: +1-941-918-1913
SOURCE: China Direct Trading Corp.
Copyright 2006 Market Wire, All rights reserved
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ENGM (.04) Anti-Spyware Software Developer Enigma Software Group, Inc. Announces Subscriptions for Week Ending November 5, 2006
PrimeZone "PrimeZone "
STAMFORD, Conn., Nov. 7, 2006 (PRIMEZONE) -- Enigma Software Group, Inc. (OTCBB:ENGM) (the "Company"), a technology and services company that creates and develops Internet Privacy Protection and Computer Security Software and Applications for Internet users, today announced a total of 1,295 new, renewal and third-party subscriptions for the week ending November 5th.
For a better understanding of Enigma's business, the reader is urged to review the Company's public filings, which are available online at http://www.sec.gov
About Enigma Software Group, Inc.
Enigma develops and markets digital products and services for the consumer market. Enigma is known mostly for its Anti-Spyware software product SpyHunter. SpyHunter is distributed exclusively over the Internet by download. Enigma owns and operates several websites, including the Spyware reference sites www.spywareremove.com,www.anti-spyware-101.com,www.2-freespywareremoval.com,www.uninstall-spyware.com, and more. Enigma Software operates within the United States with a worldwide customer base.
This release contains forward-looking statements relating to the development of Enigma Software Group, Inc.'s products and services and future operating results, including statements regarding Enigma Software Group's software, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect Enigma Software Group Inc.'s actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Enigma Software Group, Inc. undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
CONTACT: Enigma Software Group, Inc. Richard M. Scarlata, Chief Financial Officer (888) 360-0646
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LBTN .0002
Lifeline Biotechnologies, Inc. Reports Over $2 Million Profit -- as Featured on MacReport.Net
Market Wire "US Press Releases "
RENO, NV -- (MARKET WIRE) -- 11/07/06 -- Lifeline Biotechnologies, Inc. (www.lbtn.com) (PINKSHEETS: LBTN) today announced that Jim Holmes, CEO and President of Lifeline Biotechnologies, Inc., was featured on MacReport.Net. In his interview, Mr. Holmes discussed the recent developments with the Company and the posted quarterly financial statements on www.lbti.com showing over $2 million in revenues.
Lifeline Biotechnologies, Inc. has partial ownership of Solos Endoscopy and is going to continue to assist in the development of the First Warning System. Mr. Holmes discussed that Solos Endoscopy has a long history in the medical field and has the necessary tools available to produce the First Warning System once it is ready to be released on the market.
"We are very pleased with the results from the recent sale of our medical technology to Solos Endoscopy and acquired interest in Trendsetter Solar Products. The previous twelve years, we have been a research and development company and are concentrating on acquiring additional medical products with existing sales. We look forward to an encouraging and successful future with additional acquisitions," stated Jim Holmes, CEO of Lifeline Biotechnologies, Inc.
Lifeline Biotechnologies, Inc. recently announced that the Company has reported operating profits of $2,012,098 for the first three quarters of 2006. Lifeline Biotechnologies' unaudited financial statements also show revenues of $2.7 Million, which were generated by the sale of Lifeline's medical products to Solos Endoscopy and other operating sources.
To listen to the interview in its entirety, please visit: www.MacReport.net.
About Lifeline Biotechnologies, Inc.:
Lifeline Biotechnologies develops and acquires undervalued companies which have innovative technology in the medical, nutraceutical, and energy industries, to increase the growth of the Company. Lifeline Biotechnologies continues to seek out and capitalize on emerging technologies that will change the medical, nutraceutical, and energy community. More information is available at the company's website: www.lbtn.com.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: Lifeline Biotechnologies, Inc. Investor Relations 407-884-0444 or 1-866-THE-APPLE
Posted by J_U_ICE on :
NSEO (.09) Becomes Music Network Platform to the Largest Music Download Service in Southeast Asia
Market Wire "US Press Releases "
LOS ANGELES, CALIFORNIA -- (MARKET WIRE) -- 11/07/06 -- NS8 Corporation's ("NS8") (OTCBB: NSEO) entertainment network division, iWave Interactive Systems ("iWave"), has completed its installation, testing and enhancements to the Trueworld.net Music Management Service ("Trueworld.net"), a division of True Digital Entertainment Company ("True"). As previously announced on July 18, 2006 consumers will be able to securely download True's vast library of Asian and North American major label artists to any PC or popular MP3 mobile device. Trueworld.net contains the largest library of Asian and North American music titles in Southeast Asia.
The Trueworld.net Music Management Service, built by iWave, will enable consumers to purchase and download music to a PC. What makes this music manager unique is its ability to allow subscribers to transfer MP3 songs to a several different types of portable music players while maintaining a secure transfer environment, unlike other music services, such as iTunes, which typically support only certain transfer devices.
Carl Segal, Executive Vice President of NS8, the parent company of iWave, said "This is a significant milestone reached by NS8 on behalf of Truewold.net. We are eager to see the results of launching this superior service which will position Trueworld.net as a premiere content provider within their own country and other parts of Southeast Asia. We are looking to further enhance this service early next year by supporting it with shared consumer services that will protect content rights and provide greater traction to other popular areas such as video sharing and advertisement auditing."
iWave will participate in a per-transaction revenue share of music titles including subscription services. Currently, without the enhanced Trueworld.net Music Management Service in place, the current service is already generating thousands of downloads per day. The official launch date of the Music Management Service will be announced by Trueworld.net later this quarter.
According to a recent 'Hot Telecom' report, Thailand's broadband base grew 353.3% in 2004, and as of the end of Q1 2005, Thailand's Internet user base was 10.9 million. The digital music business spread internationally in 2005, with Asia showing strong growth. Global sales reached US$1.1 billion in 2005, from US$380 million the previous year, and Mobile music now accounts for approximately 40% of record company's digital revenues, according to the International Federation of the Phonographic Industry (IFPI).
About NS8 Corporation
NS8 Corporation (www.ns8corp.net) is a Digital Interactive Media Distribution Company that specializes in the development of server-based technologies in the areas of content licensing, digital media publishing and royalty distribution management, including interactive consumer viewing systems for Internet on-demand applications for PC, IPTV and other portable media devices.
iWave Interactive Systems (www.iwave.tv) is a division of NS8 Corporation that specializes in providing turn-key Broadcast Management Services of digital content over internet enabled networks. iWave combines NS8's proprietary server based technologies for use by content owners, media distributors, and telecommunication companies to provide a powerful solution for processing, publishing, reporting and distributing content to consumers over a PC, IPTV or portable wireless environment.
Safe Harbor Statement
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release.
Trademarks
Consumer Program and Shopping Guide, CPG, Library Distribution Management System, LDMS, NS8, Secure Digital Content Distribution, Security Protocol Integration, SPI, and iWave Interactive Systems, iWaveMedia, AdWave are either registered trademarks or trademarks of NS8 Corporation or its subsidiaries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Contacts: Rubenstein Investor Relations, Inc. Investor & Public Relations Tim Clemensen Senior Vice President (212) 843-9337 Email: tclemensen*rubensteinir.com
Posted by Superbee383 on :
Woops.. sorry about the duplication of news up there JUICE! Oh, and I hope you're feeling better too! You were sorely missed here!
Posted by J_U_ICE on :
EYTL (.022) Announces the Awarding of U.S. Patent 7,133,532
PrimeZone "PrimeZone "
MIAMI BEACH, Fla., Nov. 7, 2006 (PRIMEZONE) -- Energy Telecom, Inc. (Pink Sheets:EYTL), www.energytele.com) is pleased to announce that the United States Patent and Trademark Office has granted the company U.S. Patent 7,133,532. This forward-looking patent extends Energy's already firm protection of the first generation of true communication eyewear. This new patent's claims protect Energy Telecom and its partners, when their communication products deliver superior sound to the ear using sound attenuating ear pieces or plugs, to the inner ear canal, or through the outside perimeter of the canal opening.
"As an Intellectual Property management, and research, design and development company, we are pleased to provide superior patent protection to our partners. These new claims allow Energy's partners and their eyewear products to deliver sound inside and outside the ear canal, so that many new component forms may be used. Doing so allows for safer, more comfortable sound delivery than any other product available today. As the music and quality sound industry has realized, using sound attenuating ear pieces, rather than uncomfortable, hard plastic ear buds enriches the user's experience. And, in our industrial safety markets, disposable sound attenuating tips provide real protection in hazardous noise conditions," stated Mr. Tom Rickards, CEO of Energy Telecom.
Energy Telecom holds United States and foreign patents providing leading global manufacturers of recreational and safety eyewear the means of offering the world's first hands-free, wireless communication eyewear providing quality sound. These products will be worn by those listening to music or using Bluetooth enabled cell and Push-To-Talk phones, by police, fire, rescue, military and security personnel, and by those working in bio-hazardous, mining, construction and heavy manufacturing when using VHF and UHF radio communication.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
CONTACT: Energy Telecom, Inc. Tom Rickards (305) 865-9885 corporate*energytele.com
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RFDU (.0007) Revenues Top $330,000 for September, Reports Strong Business Activity in October
Market Wire "US Press Releases "
WEST PALM BEACH, FL -- (MARKET WIRE) -- 11/07/06 -- Rent Finders USA, Inc. (PINKSHEETS: RFDU) is pleased to announce that the Company has reported over $334,000 in revenues for September 2006. Rent Finders USA has also reported strong business activity in October with commissions written valued over $600,000.
"We are very pleased with our revenues over the past few months. The growth of our market over the past year shows the potential for Rent Finders USA, Inc. People will always need a place to live and we can find them their dream home," stated William H. Luckman, CEO of Rent Finders USA, Inc. "October saw more cost cutting with good business activity and we are hoping to report strong final numbers for October as well."
Rent Finders USA, Inc. recently announced that the Company has applied to the State of Connecticut for its Real Estate Brokerage license. Rent Finders USA is continuing to pursue its aggressive expansion strategy, recognizing the potential in entering the nation's major real estate markets.
About Rent Finders USA, Inc.:
Rent Finders USA, Inc. (http://www.rentfindersusa.com) is a full-service Real Estate Broker that specializes in landlord services. Rent Finders USA, Inc. opened its offices in 2001, and has quickly become one of America's fastest-growing real estate companies, successfully operating multiple locations in Florida and New York and having completed in excess of 35,000 real estate transactions since the company's inception in 2001.
SAFE HARBOR ACT: 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. 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-looking 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.
Contact: For more information please visit: http://www.rentfindersusa.com or contact Investor Relations 866 THE APPL(E)
Posted by J_U_ICE on :
AVVW (.0075) Successfully Expands into Hispanic Market
PR Newswire "US Press Releases "
LUMBY, British Columbia, Nov. 7 /PRNewswire-FirstCall/ -- avVaa World Health Care Products Inc. (OTCBB: AVVW), a global biotechnology company offering therapeutic, natural skin and health care products, announced today that its expansion into the Hispanic market is experiencing rapid success.
Dr. Mario Zamora, director of the Hispanic Health Institute (HHI) and head of avVaa's Houston Pilot Project said, "We are pleased that the Houston Pilot Project is going as well as planned. We are already in 15 OTC stores with sales of over $400 a day. We are starting to distribute products in 100 other stores as of Monday, November 6."
Zamora continued, "We are already advertising in a major classifieds publication that reaches a large Hispanic audience in the region, through posters, flyers, and three radio stations. In addition, the Spanish call center is taking daily orders that are expected to increase exponentially as consumers become more familiar with our high quality products."
avVaa World Healthcare Chairman and CEO Jack Farley said, "We are extremely grateful to Dr. Zamora for his dedicated support helping us to fulfill crucial health care needs in the Hispanic community. We are thankful that Dr. Zamora has brought the needs of this community to our attention as it is greatly underserved in health care markets, and especially with regard to skin care treatments."
avVaa World Health Care Products' Houston Pilot Project is a comprehensive marketing and sales initiative designed to bring avVaa products to the Hispanic community via the Hispanic Health Institute (HHI). Initially, avVaa's unique line of skin care products is being marketed to and sold in and around Houston, Texas. Both avVaa and HHI expect the Houston Pilot Project to eventually lead to strong franchise opportunities within the Hispanic community in Canada, the United States, Mexico and other international markets and to meet the underrepresented health and skin care needs of the Hispanic community at large.
About avVaa World Health Care Products
avVaa World Health Care Products (OTC-BB: AVVW) is a global biotechnology company that specializes in effective, all natural, therapeutic skin care products that improve quality of life and well being for consumers. avVaa's patented European skin care formulas are scientifically registered, FDA- Compliant, and were developed to relieve and treat the symptoms of common skin ailments, including: eczema, psoriasis and acne. avVaa is poised to manufacture and market its OTC NEUROSKIN line of skin care products through mass, food and drug channels in the United States and globally.
The Company's second generation of its unique, high-quality therapeutic skin care products includes a comprehensive line of Animal Care products designed to capture share of the $44 billion+ worldwide animal care and products market. avVaa sells its quality Animal Care products through partnerships with established distributors in both Canada and the United States.
Safe Harbor: Statements contained in this press release that are not based upon current or historical fact are forward looking in nature. Such forward- looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties, and events that may be beyond the control of AVVAA World Health Care Products, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include but are not limited to the ability to procure, properly price, retain, and successfully complete projects, the availability of technical personnel, changes in technology, and competition.
For additional information on avVaa, contact Jack Farley CEO / Chairman, at 1-866-772-8822 or visit: www.avvaa.com or www.otcfn.com/avvw.
Investor Relations: Merle Goertz (West Coast) of avVaa World Health Care Products, 1-604-688-2349; or Rick McCaffrey of OTC Financial Network, 1-781-444-6100 ext. 625.
SOURCE avVaa World Health Care Products
Posted by Ace of Spades on :
USSE .42
Wall Street Resources, Inc. Releases an Analytical Profile on U.S. Sustainable Energy Corp. With a 12-Month Target Value of $5.55
Market Wire "US Press Releases "
NATCHEZ, MS -- (MARKET WIRE) -- 11/07/06 -- U.S. Sustainable Energy Corp. (PINKSHEETS: USSE) announced today the release of an analytical profile on the Company by respected micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc., which contains a short-term target value for USSE of $5.55 per share.
The free report is available at: www.wallstreetresources.net/pdf/fc/USSE.pdf. The 38-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks. Wall Street Resources, Inc. is a professional research and consulting firm and its research team boasts over 20 years of collective experience analyzing emerging growth companies.
"We are encouraged that Wall Street Resources has initiated coverage and issued a comprehensive evaluation of our company with an initial price target value of $5.55 per share. Our entire corporation has strived to perfect our revolutionary fertilizer and green biofuels and we are all very excited to introduce this technology to the investment community," stated John Rivera, founder and CEO of USSEC. "The quality of Mr. Silver's research, coupled with his comprehensive analysis of our business plan will assist the Company in gaining proper awareness among key decision makers in the green energy market and help our investors and potential shareholders obtain a more thorough understanding of the potential for U.S. Sustainable Energy Corp."
Mr. Silver stated, "U.S. Sustainable Energy's proprietary process of converting feedstock such as soy beans or corn into bio fuel is significantly more efficient than any other process we were able to identify. We believe that the proprietary U.S. Sustainable process will revolutionize the alternative energy industry."
Gerald Kieft, Wall Street Resources' founder and President, stated, "After touring U.S. Sustainable Energy's facilities numerous times and viewing the Company process first hand I am convinced that U.S. Sustainable has overcome many of the challenges facing alternative energy companies today."
About U.S. Sustainable Energy
USSEC holds patent pending technology for a new breakthrough biofuel and carbon-based fertilizer. USSEC has successfully demonstrated the most cost effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered.
For further information on the company, please visit www.ussec.us.
About Wall Street Resources, Inc.:
Wall Street Resources, Inc. and its affiliated site http://www.wallstreetresources.net is a leading source for information on micro-to-small capital publicly traded companies. Wall Street Resources (WSR) acts as a conduit between micro-to-small capital company investors and emerging growth companies through its proprietary financial publications including daily and monthly newsletters, as well as comprehensive 20-50 page featured company reports. To sign up to receive WSR's financial publications go to : http://www.wallstreetresources.net/signup_promotion.asp WSR also provides business consulting services to help corporate executives by writing analytical reports, building financial models, and developing business plans.
Disclaimer -- We, our affiliates, and any officer, director or stockholder or any member of their families may have a position in and may from time to time purchase or sell any securities discussed in our financial publications. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. Our associates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in our reports. WSR is a consultant to the Company and has received $10,000 in cash and 450,000 shares of 144 restricted stock for due diligence fees and consulting services from October of 2006 through April of 2007.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press release and some oral statements 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 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 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 the Company has no specific intention to update these statements.
For more information on U.S. Sustainable Energy Corporation, please contact:
Report Contact Wall Street Resources, Inc. Paul Silver 772-219-7525 www.wallstreetresources.net Posted by J_U_ICE on :
AVXN (.033) Records Initial Sales of Consumer Electronics Products and Issues Revenue Outlook for Remainder of 2006
Business Wire "US Press Releases "
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
Advanced Technetix, Inc. (Pink Sheets:AVXN) announced today that the company has recorded the first sales of products from its newly-formed Consumer Products Division, including the Company's unique Visual Remote(TM) product. In conjunction with these initial sales to retailers, the company issued its revenue outlook for the remainder of 2006, in which the company expects to book approximately $200,000 in sales.
George Stevens, Advanced Technetix's CEO, stated, "Early sales results and interest in our Consumer Electronic Products are extremely encouraging. Retailers are exhibiting quite an appetite for accessories that compliment platforms such as the iPod(TM) as well as other digital media players and portable gaming platforms. Advanced Technetix is now becoming a beneficiary of these market trends."
About Advanced Technetix, Inc.
Advanced Technetix is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications, Entertainment-related services and specific consumer electronics platforms.
Advanced Technetix's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network.
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 Advanced Technetix, 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.
FOR INVESTOR INQUIRIES please visit the Advanced Technetix Investor Relations Hub at http://www.agoracom.com/IR/AdvancedTechnetix, where investors can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to AVXN*agoracom.com, where they can request addition to the investor e-mail list to receive all future press releases and updates in real time.
ADDITIONAL INQUIRIES can be directed to the Company's website, www.advancedtechnetix.com, or individuals can contact: Brass Bulls Corp. - 866-342-2700
Source: Advanced Technetix, Inc.
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iVoice Subsidiary's Acid + All(TM) Named One of Top 10 New Products By Leading Drug Store Publication
Business Wire "US Press Releases "
MATAWAN, N.J.--(BUSINESS WIRE)--
Thomas Pharmaceuticals Ltd ("Thomas Pharmaceuticals"), a wholly owned subsidiary of iVoice, Inc. (OTCBB:IVOI), announced today that its new upscale antacid tablet product line Acid + All(TM) was named one of the top 10 new products by editors of Drug Store News, a leading publication focused on the drug store industry. The publication evaluated numerous new products and selected Acid + All(TM) as one of the top 10. Recently, Thomas Pharmaceuticals announced that more than 20,000 drug stores chains were carrying the product line.
"We are pleased that a leading industry publication has recognized what consumers are increasingly recognizing, that Acid + All is one of the most promising products to be issued in many years," said Tom Thomas, President and Founder of Thomas Pharmaceuticals. "Increasingly, leading retailers and drug store chains are responding to consumer demand by offering the product."
Acid + All(TM), the calcium enriched, spearmint-flavored, sugar free tablets that soothe heartburn, acid indigestion and gas is available at independent pharmacies, major drug chains and online retailers or by calling toll-free at 1-888-922-1959. Acid + All(TM) will be available in a sleek, 32-count pillbox and will retail for approximately $3.89. Thomas Pharmaceuticals plans to introduce Acid + All(TM) line extensions later this year along with other new over-the-counter products. For more information about Acid + All(TM) go to www.acidall.com.
About Thomas Pharmaceuticals
Thomas Pharmaceuticals Ltd., based in New York, N.Y., develops and markets over the counter non-prescription healthcare products. The company focuses on high-end, branded consumables. Its first product, Acid + All(TM), is a calcium-enriched, sugar free, anti-gas antacid. On August 9, 2006, iVoice, Inc. entered into a Stock Purchase Agreement dated August 7, 2006 by and among Thomas Pharmaceuticals Ltd.,Thomas Pharmaceutical Acquisition Corp. ("Thomas Acquisition") and iVoice, Inc. whereby Thomas Acquisition has agreed to purchase all of the outstanding securities presently held by iVoice. iVoice may terminate this Stock Purchase Agreement should the closing not have occurred by October 31, 2006. Thomas Acquisition is substantially controlled by the original founders and management of Thomas Pharmaceuticals.
About iVoice, Inc:
iVoice has determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement new business opportunities by distributing shares of spin-offs to the company's shareholders. The common stock distributions are part of a broader strategy relating to the transition of iVoice into a company focused on the development and licensing of proprietary technologies. We also continue to search for potential merger candidates with or without compatible technology and products, which management feels may make financing more appealing to potential investors.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "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 Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
quote:Originally posted by Superbee383: Woops.. sorry about the duplication of news up there JUICE! Oh, and I hope you're feeling better too! You were sorely missed here!
No problem. Thanks for tahe well wishes from you and everyone else. I've also been having a problem getting into Allstocks site over the past week and also this morning so I don't know how long I'll be here today.
Posted by J_U_ICE on :
GWES (.15) Sells Westchester Lakes for Almost $3.78 Million
PR Newswire "US Press Releases "
SCOTTSDALE, Ariz., Nov. 7 /PRNewswire-FirstCall/ -- Great Western Land & Recreation, Inc. (OTC Bulletin Board: GWES) announced today that it has sold its approximately 200-acre Westchester Lakes property in Harris County, Texas, a fast growing Houston suburb, for approximately $3.78 million. The buyer is Sunbelt Investors LLC, a privately owned Nevada company. The buyers paid $1.8 million at closing and almost $1.98 million with a note secured by a second deed of trust on the property.
"Since this sale occurred on September 28, just before the end of our September 30 fiscal year," noted David J. Weber, Great Western's president and chief executive officer, "it will boost the results we will report after our financial audit is completed. The company has about a $1.8 million book profit on this sale."
Great Western announced August, 2004 that David J. Weber was named president and chief operating officer. He was named chief executive officer early in 2006. Mr. Weber previously was vice president and chief financial officer of Royce Homes, a major national homebuilder. Prior to that he was a regional vice president for D. R. Horton, Inc., a nationwide homebuilder listed on the New York Stock Exchange. He has been in the home building business since 1979.
About Great Western Land and Recreation
Great Western Land and Recreation Inc. is a real estate development company based in Scottsdale, Arizona. The company's roots go back to one of the oldest mortgage and investment banking firms in Kansas. The bulk of Great Western's activity is currently focused in two of the nation's fastest-growing major metropolitan areas, Houston and Phoenix. It is also developing a major ranch property in Arizona.
This news release may contain certain statements that constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often characterized by the use of words such as "may," "believes," "plans," "will," "anticipates," "estimates," "expects," or "intends" or by discussions of strategy, plans or intentions. All forward-looking statements in this news release, including statements regarding sales, new projects and financing of capital expenditures, are made based on the company's current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions, competitive factors, real estate market conditions, changing demographic conditions, adverse weather conditions and natural disasters, delays in construction schedules, the availability of qualified third-party contractors, cost overruns, changes in government regulations or requirements, increases in real estate taxes and other local government fees, the company's ability to locate new projects and to finance the acquisition and development of these projects on acceptable terms, changes in interest rates, the unpredictability of the timing of real estate sales and the cost of land, materials and labor. Additional information is included in the company's filings with the Securities and Exchange Commission, and can be found at http://www.sec.gov . Great Western Land and Recreation assumes no obligation to update any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of this news release.
SOURCE Great Western Land & Recreation, Inc.
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Michigan Gold Mining Investments Inc. Acquires 70% of the St. Nicholas Copper, Uranium, Gold, Silver Property in Elliot Lake
Market Wire "US Press Releases "
BAY CITY, MI -- (MARKET WIRE) -- 11/07/06 -- Michigan Gold Mining Investments Inc. (PINKSHEETS: MGGV) is pleased to announce it has acquired seventy percent (70%) in the St. Nicholas property in Elliot Lake. The St. Nicholas consists of 55 claims (approx. 2,200 acres) situated northwest of the Elliot Lake Uranium camp in Northern Ontario Canada.
Mike White, MGGV's senior geologist describes the property as follows: "The property hosts and is adjacent to a number of significant Copper (CU) showings with minor Gold (Au) and Silver (Ag) values, intersected by previous diamond drilling completed in the in the 1960s. The mineralization appears related to significant breccia zones that have been intersected in ninety (90%) percent of the drill holes near or within the property. The drilling intersected Cu values ranging from 1.1% over 3 meters (9.6 ft.) to 0.;5% over 12 meters (43 feet), with minor Au and Ag values (.1 oz/ton and 7 oz/ton Ag). Further, the property has numerous U (Uranium) showings occurring along trend with the breccia zones along a probable West-North-West structure that parallels the North Elliot Lake sedimentary basin margins near Quirke Lake and several old uranium mines."
The geological setting of the St. Nicholas property has strong geological similarities to the area hosting the Olympic Dam Style Copper, Uranium, Gold, Silver and Unconformity related Uranium-Gold deposits. Previous exploration and mining in the Elliot Lake area have focused on conglomerate hosting Uranium with little or no consideration for other types of deposits.
MGGV's new St. Nicholas property was identified from examining the records of Mr. S. Wilcox by MVW White (PGeo). The Wilcox/MVWA prospecting Alliance retains a thirty percent (30%) interest in the property as well as a 2% royalty which MGGV has the option to purchase for two million ($2,000,000) Canadian dollars. Evaluation of Wilcox prospecting data and MNDM assessment files by MVWA is continuing.
Michigan Gold's President, Ben Fuschino commented, "Michigan Gold is delighted to be involved in the Elliot Lake camp. The St. Nicholas property's location in North America greatly reduces the political and title risk that is predominate in third world countries and offers our company a good opportunity to develop the property with less chance of running into unanticipated development costs."
Michigan gold will keep the public informed of the exploration results on the St. Nicholas property in the coming weeks.
About Michigan Gold Mining Investments, Inc.
Michigan Gold Mining Investments, Inc. is an American junior mineral exploration company presently in the process of developing mineral assets in North America. Michigan Gold currently retains a one hundred percent (100%) title to a Platinum/Palladium prospect in Northern Ontario, named the 'Deadmoose Lake' property.
Michigan Gold is committed to the accumulation and development of unhedged precious and industrial metal deposit sites in America.
The company is of the opinion that the bull market in metals is a trend that will continue over a generation. The current low levels in Global Inventory in most metals and, most importantly, longer-term strategic considerations originating from high-growth oriented economies in China, India and other Eastern nations has placed extreme pressure on pricing in the metals markets. These factors, coupled with the weakness of the US Dollar due to the USA's large budget and current account deficits, may support historically high dollar prices in metals for many years to come.
Major metals miners have hedged most producing properties and cannot strongly benefit from rising price trends over the near term. This places junior miners in a very advantageous position. As properties are proven and production is ascertained to be feasible, the ability of Michigan Gold Mining Investments to profit from these historically high metals prices should come to fruition.
Michigan Gold Investments Inc. (trading symbol MGGV) is listed on the OTC market and has commenced the process of becoming a full reporting US company.
Forward-Looking Statement
The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
For more information Contact: John 989-509-5908 or email Email Contact Investor Relations Website: www.michigangold.net Posted by J_U_ICE on :
VPRO (.50) Signs a US$42 Million Collaborative Agreement With Tunisia Biochallenge S.A.
PrimeZone "PrimeZone "
MONTREAL, Nov. 7, 2006 (PRIMEZONE) -- Viropro Inc. (OTCBB:VPRO) ("Viropro") today announces the signing of a major agreement with Biochallenge S.A. for the development and the technology transfer of four biotherapeutic products. Biochallenge, a Tunisian private pharmaceutical company, will manufacture locally and commercialize these high-quality, low-cost biopharmaceuticals. Viropro will receive $42 million as licensing fees, development and technology transfer costs, and royalties on future sales.
"The market was waiting for this announcement and we are very proud to finalize the agreement with Biochallenge. It clearly demonstrates the capacity of Viropro's Management Team to achieve the goals set out in our business plan," said Dr. Jean-Mary Dupuy, President and CEO of Viropro. "The first agreement is always more difficult to obtain but now that we have attained it, we are in a position to accelerate our discussions with the other countries having similar needs as Tunisia for which we have already begun talks. We are on track with our business plan and we are confident to meet our target of signing two new agreements within the next 12 months with other key players," added Dr. Dupuy.
"The good news for our shareholders is that this agreement could bring development revenue to Viropro as soon as the first quarter of 2007. We expect to receive a total of $1.2 million from this agreement in 2007," stated Gino Di Iorio, Chief Financial Officer of Viropro.
About the Project with Tunisia
The project was initiated in late 2005 and would represent an investment of about $30 million by African and Middle East investors, bankers, funds and institutions. Viropro holds an initial equity participation of 14% in the project.
This alliance will allow Tunisia to develop a strong biotech and pharmaceutical industry in the healthcare sector by acquiring an industrial platform technology for biological drugs to service markets such as Africa, the Middle East, Indonesia, Pakistan, Turkey and western territories of the European Community (the "Territory").
Biochallenge will commercialize these biogeneric drugs at a much lower price to more than 700 million people who do not have access to specific biological drugs for the treatment of diseases such as anaemia, multiple sclerosis, neutropenia, chronic hepatitis B and chronic hepatitis C.
Based on exclusive licenses acquired from Viropro for the Territory, Biochallenge will build a very modern GMP manufacturing plant in the Sidi Thabet Technopark located 20 minutes north of Tunis Airport. The plant will employ 50 to 75 tech and high-tech workers. Process development will be initiated in the near-future by Viropro and its Canadian partners such as the Biotechnology Research Institute and the Laboratory for Food and Veterinary Biotechnology. Revenues for Biochallenge will arise in 2008 with a pre-marketing of finished products purchased from Contract Manufacturing Organizations ("CMOs"). Plant construction should start in the fall of 2007 and first revenues coming from that plant would arise at the end of 2009. Biochallenge will export 98% of its production to other countries in the Territory. The training of some Biochallenge specialized workers will be done in Canada and in Tunisia by Viropro's qualified scientists and engineers.
About Viropro Inc.
Viropro Inc. conducts operations mainly through its subsidiary Viropro International Inc., whose head office is located in Montreal, Canada. Viropro is a rapidly expanding biopharmaceutical company specializing in the transfer of its technologies for industrial production of biogeneric therapeutic proteins, excluding therapeutic vaccines, for the treatment of various diseases including cancer, diabetes, hepatitis or multiple sclerosis. The company's principal objective is to bring about the transfer of technology to pharmaceutical companies in emerging markets with unmet medical needs such as in South America, Asia and Africa. To expand its range of expertise in biopharmaceuticals excluding therapeutic vaccines, Viropro has concluded strategic alliances with various scientific and business partners renowned in national and international spheres. Viropro's business model rests on a strategy aimed at generating recurrent short and long-term revenues, all while maximizing the value of assets and profits of its shareholders.
For more information on Viropro Inc., please visit our website on www.viropro.com
Viropro Inc. Safe Harbor Statement
Except for any historic information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, goals, assumptions of future events or performances are not statements of historical fact and may be "forward-looking statements". Forward-looking statements in this release may be identified through the use of such words as "expects", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its products and services in a competitive environment as well as other factors.
CONTACT: Investor Relations: Echoes Financial Network Inc Dominic Sicotte 866-633-9551 ext. 101 514-842-9551 dsicotte*echoesfinancial.com www.echoesfinancial.com Posted by J_U_ICE on :
MDSP .025
MedSpas of America Completes Acquisition in Birmingham Market Wire - November 7, 2006 8:31 AM (EDT)
Acquisition Expected to Increase Annual Revenues by $500,000
ATLANTA, GA, Nov 07, 2006 (MARKET WIRE via COMTEX) -- MedSpas of America, Inc. (PINKSHEETS: MDSP), www.medspasofamerica.com, today announced that it has completed the acquisition of the Birmingham medspa owned by Labus, Inc. d/b/a Solana MedSpa of Birmingham. Although affiliated with Solana's independently owned network, Solana MedSpa of Birmingham will be converted to the company's Virtuoso MedSpa brand.
Paul R. Smith, CEO of MDSP, stated, "Over the next eight weeks, we will be introducing the company's Virtuoso brand and service offering into our new Birmingham location. Once the Virtuoso brand conversion is completed, we will launch an aggressive program to increase market share and to drive the operations beyond the financial breakeven point that has recently been achieved."
"This acquisition marks the beginning of our five-year expansion plan outlined in our Joint Venture with MedSpas of America," said John Buckingham, Chairman, CEO and Co-Founder of Solana MedSpas of Irvine, CA. "We are placing the force of our entire management team behind the Birmingham market expansion of Virtuoso."
The acquisition was completed through Virtuoso MedSpa, Inc., a wholly owned subsidiary of the company, as an asset purchase from Labus, Inc. The consideration for the purchase takes the form of a 20-month, interest-free note.
Birmingham is the largest city in Alabama and ranks among the largest metropolitan areas in the Southeast. The medspa is located in the heart of the Greystone community, one of Birmingham's most affluent suburbs. The facility offers laser treatments, injectibles and a variety of aesthetic services in keeping with the Virtuoso Medical Spa service offering.
About Virtuoso Medical Spas
Virtuoso has assembled a team of medical professionals with years of experience in plastic surgery, age management and the operation of successful medical practices. Virtuoso's medical spa model involves offering the highest quality non-invasive anti-aging medical procedures and treatments in a relaxing and soothing environment, all performed by highly skilled physicians and aestheticians.
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Such statements are subject to risks and uncertainties and other factors as may be discussed from time to time in the Company's public filings with the U.S. Securities and Exchange Commission ("Commission"), press releases and verbal statements that may be made by our officers, directors or employees acting on our behalf which could cause actual results to differ materially from those discussed in the forward-looking statements and from historical results of operations. In addition to statements, which explicitly describe such risks and uncertainties, statements with the terms "believes," "belief," "expects," "plans," "anticipates" and similar statements should be considered uncertain and forward-looking. Factors that might cause such a difference include, without limitation: the uncertainty of the Company's ability to meet capital needs and as further set forth in our public filings filed with the Commission and our press releases.
Investor Contact Information:
500 Australian Avenue S., Suite 700 West Palm Beach, FL 33401
Axia Group Inc. Receives Letter of Award for Construction of 79 New Homes in Sri Lanka
PR Newswire "US Press Releases "
SAN DIEGO, Nov. 7 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC: AXGJ) announced today that it has received a Letter of Award from the International Association of Lions Clubs - Sri Lanka to build 79 new homes in the tsunami affected area of Batticalao. The total contract value is for 55,102,500 Rupees or approximately $550,000 US Dollars. Building on this contract is set to start in November 2006.
Stated Jeffrey Flannery, CEO of Axia, "This contract is a testament to the extraordinary work of the Lions Club in Sri Lanka, an organization that is truly dedicated to helping the people in its country. At the same time, I want to give credit to our team in Sri Lanka whose hard work paved the way for this award. They have had to build homes under extremely difficult conditions. Yet we have persevered and now I believe the government of Sri Lanka, aid agencies and the people have come to recognize our method as superior in terms of quality, strength and attractiveness."
Axia is currently completing a project of 250 homes under the sponsorship of the Austrian nongovernment organization SOS Kinderdorf in Batticalao, a region on the eastern coast of Sri Lanka that was particularly hard hit by the tsunami of 2004.
More information on Axia Group, Inc. can be found on the company web site at www.axiagroup.info.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of AXGJ 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 AXGJ 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 AXGJ has no specific intention to update these statements.
JAMAICA, NY -- (MARKET WIRE) -- 11/07/06 -- iFinix Corporation's (PINKSHEETS: INXR) wholly owned subsidiary, R&B Computer, has launched its technology solutions practice initiative which will provide an industry-leading blend of technology, business consulting, and outsourcing services. Through this initiative R&B is looking to reach out to a greater number of businesses providing technological expertise to increase the net revenue of the company.
R&B Computer specializes in enhancing organizational performance through the effective and efficient application of technology and outsourcing solutions for our clients. Our goal is to not only solve short-term business and technology problems but to create next-generation competitive advantages that drive future growth and success.
Our target markets include:
a.. Telecommunications
b.. Government
c.. Software and Hi-tech
d.. BIFS (Banking, Insurance, and Financial Services)
e.. Energy and Utilities
f.. Consumer Business
g.. Health Care
h.. Manufacturing
R&B Computer serves clients in the North America, Asia-Pacific and European markets.
We believe our technology solutions practice initiative will deliver a significant revenue stream within the next 12 months. "By year end 2007 we fully expect to top $10M in gross revenue from this segment of our business," said Craig Eckert CEO of R&B Computers Systems Inc. No assurances can be given that such revenues can be reached or, if achieved, profitability realized.
About R&B Computer Systems Inc.
Headquartered in New York, R&B Computer Systems Inc. is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services. Clients gain competitive advantage by leveraging our unique on-site, offsite, offshore delivery capability to achieve rapid deployment, world-class quality and reduced costs. RBCS is also known for application maintenance and development outsourcing in the healthcare, financial services, retail and distribution, manufacturing, telecommunications, and high-tech industries. For more information, please visit http://www.r-bcomputer.com
About iFinix:
iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Phoenix Provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and eifinix.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
Contact: iFinix Corporation Investor Relations 516-504-3981 x301
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Cal-Bay International Retires 11.25 Million Shares of Common Stock in the First Round of the Company's Stock Cancellation Program
Business Wire "US Press Releases "
CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY) Announced Cal-Bay's Board of Directors announced the company had submitted 11.25 Million shares of Cal-Bay common stock to the company's transfer agent for cancellation.
Cal-Bay's Board of Directors commented, "This is the first batch of shares to be cancelled within the program and other cancellations are due in the very near future."
Cal-Bay implemented the program in an effort to reduce the "short position" in the company's tradable stock.
Cal-Bay has implemented a mandatory certificate exchange of the common and Preferred "B" shares as an additional measure to help combat the "short position."
FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Source: Cal-Bay International, Inc.
Posted by J_U_ICE on :
JKRI .002
UTSI International to Provide SCADA Project Engineering and Management Services to gasNatural Distribucion - Spain
MADRID, Spain, Nov. 7 /PRNewswire-FirstCall/ -- UTSI International Corporation, a wholly owned subsidiary of Diverse Networks, Inc. and The Jackson Rivers Company, Inc. (OTC Bulletin Board: JKRI) announced today that its Spanish Branch Office has entered into an agreement with gasNatural Distribucion, a Spanish gas distribution and energy supplier located in Barcelona, Spain, to provide project engineering and management services for gasNatural's new Consolidated Control Center SCADA system project. This project involves the consolidation of two large control centers located in Madrid and Barcelona, as well as control facilities for three small networks in Southern Italy, into a single facility. The project includes procurement and implementation of a new central SCADA system, along with an off-site backup system which will also serve as a disaster recovery emergency control center. "gasNatural is a long-term customer of UTSI's Madrid-based branch office. We have been helping them with upgrades and support for its existing systems and networks for several years, and the consolidation of these systems into a single common control center will improve overall system efficiency and reliability, as well as simplify ongoing maintenance and support activities," stated Daniel Nagala, President of UTSI International Corporation. Sr. Antonio Gella, gasNatural's Director de Explotacion, stated that "We are very pleased to have UTSI continue to provide support for this project. UTSI has worked very closely with us over the past two years to develop the detailed design specifications for the new control center, as well as to evaluate and select the technology supplier. The new SCADA system will consolidate our gas distribution monitoring and control for all of our operations throughout Spain, as well as Southern Italy. We view UTSI's experience and capabilities in executing large technology projects such as this one as a key component in the successful and timely completion of the project." More information on the company can be found at www.jacksonrivers.com and at www.utsi.com. Information on gasNatural Distribución can be found at http://www.gasnatural.com (in Spanish) or http://portal.gasnatural.com/servlet/ContentServer?gnpage=3-10- 0¢ralassetname=3-10-BloqueHTML-Home (in English). 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 UTSI 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 UTSI 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.
Jeffrey W. Flannery of The Jackson Rivers Company, Inc., +1-619-342-7443 07Nov06 14:00 GMT Symbols: de;JS2 us;JKRI Source PRN PR Newswire
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NMXC .079
New Mexico Software Signs International Distributor Desktop Imaging, Ltd. to Handle Australia and New Zealand
ALBUQUERQUE, N.M.--(Business Wire)--New Mexico Software, Inc. (OTCBB:NMXC) announced today that Desktop Imaging, Ltd. has signed an exclusive agreement to resell and distribute New Mexico Software's DFC3 in Australia and New Zealand. DFC3 is a software appliance/web-based solution for managing documents, records and digital assets.
Desktop Imaging, Ltd. Director and General Manager Braden Rowe said, "Desktop Imaging is offering New Mexico Software's DFC3 to our extensive list of government, small business and enterprise customers. The DFC3's document capture, conversion, organization and distribution capabilities, and its ability to offer either an in-house appliance version or a hosted solution, enables us to solve real-world client document and imaging issues regardless of customer size. Our programmers have begun using the DFC3's Open Application Programming Interface (API) to build custom integration solutions for clients and to create new products such as online e-commerce sites for multimedia distribution."
Troy C. Lapsys, president of New Mexico Software's Server Division, said, "We are pleased to partner with an organization as professional and innovative as Desktop Imaging, Ltd. as the first of our international sales partners. We look forward to providing their government agency clients with the DFC3 and custom integration required for such large implementations."
About Desktop Imaging, Ltd.
Founded in 1997, Desktop Imaging, Ltd. provides imaging services, technical solutions and custom programming to government agencies, small businesses and enterprise clients in Australia and New Zealand. With clients ranging from the National Library of New Zealand to small two-person operations, the company has continually expanded, operating in both Australia and New Zealand. For additional information, contact General Manager Braden Rowe at 64-4-232-9489 or visit http://www.desktopimaging.co.nz.
About New Mexico Software
New Mexico Software is a leading provider of information management solutions that significantly improve the interface between the paper world and the digital world, facilitating a true paperless environment. It is the only public company providing web-based integrated services for individuals and companies, large or small, which allows full access to data from anywhere in an easy-to-use, familiar browser environment at an affordable price. For more information, visit http://www.nmxc.net or http://www.nmxs.com, or contact Dick Govatski, president and CEO, at (505) 255-1999 or ceo*nmxs.com.
The foregoing press release contains forward-looking statements including statements regarding the company's expectation of its future business. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.
New Mexico Software, Inc., Albuquerque Dick Govatski, 505-255-1999 ceo*nmxs.com or Hawk Associates Frank Hawkins, 305-451-1888 info*hawkassociates.com
Copyright Business Wire 2006 07Nov06 14:07 GMT Symbols: us;NMXC Source BW Business Wire
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BlueBear Networks International, Inc. (PINKSHEETS: BLBR) announced today that it has obtained the consent of its police customer base to implement its distributed database system, which is embedded in its child exploitation investigative product, LACE (Law Enforcement Against Child Exploitation). The distributed database system is a key component of BlueBear's patent pending, distributed search, and information sharing technology.
The LACE distributed database system gives participating police child exploitation units worldwide the ability to securely search and share each others media-evidence file data. Det. Const Phil Shrewsbury of York Regional Police's Electronic Crimes Section called the distributed database system "the best solution for this task." Jeff Nash, VP Sales and Marketing BlueBear, stated that, "There are billions of still images and video files located in police databases, on web sites, and on computer hard drives worldwide. The immense scale of the task presented a challenging storage, retrieval, and matching problem that required an ingenious solution, BlueBear's distributed database system."
LACE automates the process of reviewing and categorizing case media-evidence files (still images and videos) extracted from seized computer hard drives in child exploitation cases. By utilizing previously categorized cases, located in linked police child exploitation databases, locally, regionally, nationally, or worldwide, LACE dramatically reduces the number of case media-evidence files that require manual review.
About BlueBear Network International, Inc. BlueBear Network International, Inc. (PINKSHEETS: BLBR) is a Nevada company based in Ottawa, Ontario, Canada. BlueBear develops and markets the world's first system (LACE) that automatically processes and categorizes media-evidence files from seized computer hard drives in child exploitation cases. LACE can also search and identify victims, suspects, & witnesses in police facial images databases located worldwide. For more information, visit http://www.bbninternational.com/.
This press release contains forward-looking statements as defined in the Securities Litigation Improvements Act of 1996. The words "believe, expect, estimate and project" and similar expressions define forward-looking statements, which speak only as of the date the statement was made. BBNI undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are currently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated in, or underlie the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the company's ability to meet its projected growth, the effects of government regulation, competition and other material risks.
Contact: Sal Khan CEO skhan*bbninternational.com 613-599-7766 x 26
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CIRT .023
CirTran's Diverse Media Group Subsidiary Signs Exclusive Contract to Market and Distribute Solar Style Chargers to Major Retailers Worldwide Business Wire - November 7, 2006 9:20 AM (EDT)
SALT LAKE CITY, Nov 07, 2006 (BUSINESS WIRE) -- CirTran Corporation (OTCBB: CIRT), an international full-service contract manufacturer, marketer and distributor of IT, consumer and consumer electronics products, said today that its Diverse Media Group (DMG) subsidiary has signed an exclusive contract to market and distribute the Solar Style line of solar chargers to major retailers in the U.S. and abroad.
DMG President Trevor M. Saliba said the contract was signed with Media Syndication Global, LLC (MSG), of New York City, with whom CirTran has had previous manufacturers and marketing agreements.
"Solar Style chargers are quality products engineered for today's on-the-go lifestyle," Mr. Saliba said. "People need and demand reliable power for their iPods(R), cell phones and PDAs, laptop computers, personal DVD players and other personal electronic devices. Solar Style provides power where and when needed, and has been popular when introduced at cell phone shops, airport stores and other merchants catering to business travelers."
Mr. Saliba said Diverse Media is currently working to bring the Solar Style chargers to Wal-Mart, the world's largest merchandiser.
"We think Wal-Mart would be ideal for Solar Style, as its customer demographics and the Solar Style line and functionality are a great fit, particularly as Wal-Mart has emerged as a leader in personal electronics," he said.
Solar Style offers a diverse line of products with multiple connectors, all based on the latest advancements in PV Solar charging to convert sunlight into usable energy for personal electronic devices. Solar Style also includes, or offers as options, AC car battery chargers with many of its products.
Additional information on Solar Style (www.SolarStyle.com) and other products marketed and distributed by Diverse Media, or consumer electronics products manufactured by CirTran, is available at www.CirTran.com.
About Diverse Media Group
Based in Los Angeles, Diverse Media Group (DMG) is a wholly owned subsidiary of CirTran Corporation and specializes in product manufacturing and marketing, production services, media financing and multi-channel product distribution (direct response, retail, live shopping, print, catalog and Internet) in the consumer product, direct response and entertainment industries. DMG is a leader in direct response and product marketing with a solid presence in the entertainment industry through its talent division, Diverse Talent Group, currently ranked among the Top 12 talent and literary agencies in the entertainment industry.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTCBB: CIRT) (www.CirTran.com) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO 9001:2000-certified, non-captive 40,000-square-foot manufacturing facility is the largest in the Intermountain Region, providing "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities while reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired Racore Technology (www.racore.com), founded in 1983 and reorganized as Racore Technology Corporation in 1997. Continuing to grow, in 2004 CirTran formed CirTran-Asia as a high-volume manufacturing arm and wholly owned subsidiary with its principal office in ShenZhen, China. Today, CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment, and household products manufacturing, focusing on the multi-billion-dollar direct response industry.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
All trademarks are properties of their respective owners.
SOURCE: CirTran Corporation
CirTran Corporation Trevor M. Saliba, 310-492-0400 trevor*cirtran.com
Copyright Business Wire 2006
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SSSU (.037) Publishes Investors FAQs
Business Wire "US Press Releases "
ATLANTA--(BUSINESS WIRE)--
Silver Screen Studios, Inc. (OTCBB: SSSU), Traders Nation, www.tradersnation.com/sssu.shtml, SSSU to change name to Global 1 Investment Holdings Corporation and focus on micro cap investment creation.
FAQs:
We have received many questions regarding our recent announcements and will use this information release to address the questions.
Q1. Why did SSSU change its name, symbol, and cusip number?
A1. The management thought it was in the best interest of the company to verify the number of shares outstanding and the authenticity of its shareholder base. Accordingly, we ordered the NOBO list and the transfer agent's report and compared the two. We discovered there was an imbalance in the two lists.
Q2. Why did TD Ameritrade and E-Trade prevent the purchase of SSSU shares?
A2. Our legal counsel contacted TD Ameritrade on two occasions and attempted to determine the cause of their actions. Our legal counsel was told there was no one at TD Ameritrade who knew why the action was taken nor was there any person our legal counsel could address the issue with. Our legal counsel contacted more than 20 brokers and only TD Ameritrade prevents investors from purchasing our shares.
Q3. After the name change, symbol change and cusip number change, what effect will it have on the shareholders?
A3. The effect will be that a shareholder can be assured they have purchased registered shares and they are in fact owners in Global 1 shares. A shareholder will own the same number of shares of Global 1 as they owned in SSSU. These actions are not a reverse split.
Q4. What is the record date and can a shareholder still qualify for the dividend?
A4. The record date is set now for November 16, 2006. A shareholder that owns shares now and owns the shares on Nov. 16, 2006 will qualify for the dividend. A shareholder that buys shares or additional shares on or before Nov. 16, 2006 will qualify for the dividend.
Q5. Who will receive the dividend and what is the procedure to receive the dividend?
A5. All shareholders who own shares on the record date will receive the dividend regardless of how many shares they own. The procedure to receive the dividend is being worked out with our transfer agent and will be published on a new IR site, www.global1inc.com that is under construction.
Q6. Will a shareholder have to order a physical certificate to receive the dividend?
A6. That issue is being addressed and a determination will be made after the record date of Nov. 16, 2006. If a certificate has already been ordered we request that the shareholder maintain possession of the certificate until further notice from the company. If a shareholder has not ordered the certificate, do not at this time.
Q7. How will our European shareholders be addressed?
A7. Our European shareholders will receive the same dividend as all shareholders. After the NOBO list review, we determined there was an imbalance estimated at 20 million shares in the European ownership registry. We are devising a procedure to address the imbalance. We believe the imbalance was created by the Frankfurt Exchange where we discovered our shares were being traded without our authorization.
Q8. Will shareholders be allowed to invest in the Reg. E Funds? Q8. Yes, once the funds are registered we intend to offer our shareholders and other investors the opportunity to invest in the funds.
Q9. Why can market makers and hedge funds short the shares of SSSU?
A9. Market makers and hedge funds short the shares of small companies seeking to make a quick profit. However, to short shares the shares must be borrowed or delivered. The actions we have taken are designed to address naked short selling and failure to deliver transactions. We believe preventing investors from purchasing our shares is a manipulative device to prevent a short squeeze that would result from the increased trading volume in our shares. Any short position remaining open after the record date will be responsible for all dividends.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Source: Silver Screen Studios, Inc.
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EFSF (.175) Announces Groundbreaking Laboratory Test Results Against Tuberculosis with its Trimycin Product
Business Wire "US Press Releases "
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
eFoodSafety.com, Inc. (OTCBB:EFSF), dedicated to improving health conditions around the world through innovative products and technologies, today announced that the Company received positive laboratory test results on the eradication of Tuberculosis organism (Mycobacterium Tuberculosis) with the use of its patent-pending product Trimycin. The testing was conducted by the National Center for Genetic Engineering and Biotechnology (BIOTEC), a branch of the National Science and Technology Development Agency (NSTDA) located in the greater Bangkok metropolitan area of Thailand.
Testing consisted of using live tissue samples inoculated with Mycobacterium Tuberculosis exposed to various concentrations of Trimycin. The test results demonstrated that Trimycin killed the Tuberculosis organism while remaining non-toxic to normal cells. The ability of Trimycin to eradicate the Tuberculosis organisms within the cells without affecting the normal cells is of major impact in the treatment of Tuberculosis (TB).
According to Global Health Reporting.org, more than 8 million people develop active TB annually, and approximately two million die from the disease each year. Of the estimated 8.9 million cases worldwide, over 700,000 were also HIV-positive. In 2004, 1.7 million people died of TB and fifteen percent (15%) of those who died were also infected with HIV. Global access to TB treatment remains low and very expensive. The Company feels that this is where Trimycin could have a major impact on the treatment of TB.
"We are now able to progress to live subjects to continue our testing on this groundbreaking discovery of Trimycin's effect on TB. We believe eFoodSafety is well positioned in the treatment of this deadly disease and we hope to make a major contribution to the world in the treatment of deadly infectious diseases," stated Mr. Robert Bowker, President and CEO of Knock-Out Technologies, Ltd., a wholly-owned subsidiary of eFoodSafety.com, Inc., and formulator of the patent-pending Trimycin product.
About eFoodSafety.com, Inc.
eFoodSafety.com, Inc. is dedicated to improving health conditions around the world through its innovative technologies. The company's Knock-Out Technologies, Ltd. subsidiary has developed an environmentally safe sporicidal product formulated entirely of food-grade components that eradicates anthrax and a germicidal product, Citroxin (formerly named Big Six Plus) - EPA Reg. No. 82723-1 that kills six major bacteria: E-coli, Listeria, Pseudomonas, Salmonella, Staphylococcus, and Streptococcus, Avian Influenza, Black Mold. The sporicidal product has completed its final efficacy laboratory study requisite for EPA registration. In the study, it eradicated both Clostridium Sporogenes and Bacillus Subtilis with 100% efficacy on both hard and porous surfaces. The company's MedElite, Inc. subsidiary distributes clinically proven products to physicians who then prescribe the products for their patients. It recently became the owner of the Talsyn(TM)-CI/bid Scar Cream, that has been clinically proven to facilitate and improve the appearance, redness and strength of scars (www.talsyn.com), as well as seven (7) other products in the Talsyn(TM) line. The company is also a distributor for Cinnergen(TM), a non-prescription 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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NEXH (.0004) Begins Construction on GGP Property
Business Wire "US Press Releases "
SALT LAKE CITY--(BUSINESS WIRE)--
Nexia Holdings, Inc.'s (OTCBB: NEXH) subsidiary, Gold Fusion Laboratories (dba Black Chandelier), began construction of its soon-to-be flagship retail location in the Fashion Place Mall in Salt Lake City, Utah. The Fashion Place Mall is a General Growth Properties, Inc. (NYSE: GGP) property. CRC Construction began demolition of the space last night, with a completion goal of December 1, 2006. The estimated construction costs are $200,000.
Gold Fusion Laboratories Inc. (GFL) and its head designer, Mr. Jared Gold, have worked diligently with architects at Horn & Partners to re-engineer and perfect the build-out of the 1,440 square foot space. Mr. Gold comments, "This revolutionary retail environment features elevated floors, ramps, staircases, micro-merchandising environments, kinetic art, and custom built lighting that will convey Black Chandelier's retail points of difference. It will also tout a state of the art inventory control system, interactive displays, and a merchandising system that will sync with the online store. Even with all these advancements, the store will still feel warm and inviting. We are completely focused on helping customers explore Black Chandelier's inventive products."
Nexia's CEO, Richard Surber, notes, "I am very excited about our prospects with GGP. The opening of the Fashion Place Mall will be the first of hopefully many locations we intend to open with GGP throughout the United States. The Fashion Place Mall has the highest retail sales per square foot for a property of its size in Utah. I believe that we will generate sales in excess of $1 million dollars for the first 12 months of operation based upon retail stores of comparable size located within this mall."
Nexia will have a total of four Black Chandelier stores operating by the end of 2006. In addition to reviewing GGP's portfolio of properties, we are entertaining offers from Simon Properties, Inc (NYSE: SPG), Macerich Co. (NYSE: MAC), CBL & Associates Properties (NYSE: CBL), and other holders of prime retail properties.
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for December 31, 2005 and for the subsequent quarters during 2006. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov.
This press release contains forward-looking statements that are based on a number of assumptions, including the successful completion of the marketing plans and expansion of Black Chandelier operation in a short period of time. The above statements further assume that Nexia can obtain sufficient capital to execute expansion plans through outside investments including but not limited to obtaining significant leasehold improvements and sufficient lines of credit to fund the design and manufacture of Black Chandelier products on a substantially larger scale. There are no assurances that such assumptions will prove correct. These forward-looking statements involve a number of risks and uncertainties, including an expectation of substantial increase in sales. 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.
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CyberKey(R) Solution's Establishes "Reach Out Program" for Shareholders and Achieves Critical Milestone to Become Fully Reporting
Market Wire "US Press Releases "
ST. GEORGE, UT -- (MARKET WIRE) -- 11/07/06 -- CyberKey® Solutions, Inc. (PINKSHEETS: CKYS) is pleased to announce that it will be launching "Reach Out Program" for Company shareholders and interested investors. Due to the CyberKey Solutions' phenomenal growth and success, CyberKey is reaching out to the investment community in order to provide answers, dispel rumors, and better inform their shareholders and investors of interest.
Beginning immediately, the company will accept all serious inquiries and compile them so that they may be answered by the CEO in an upcoming "Shareholders Update." This update will be recorded from CyberKey's headquarters in St. George, Utah, and will be made available on the corporate website, as well as other media sources by the first week of December 2006.
"It is our goal to exceed the expectations of our shareholders as we strive each day to grow our company and succeed," stated Jim Plant, CEO of CyberKey® Solutions, Inc. "Our shareholder 'Reach Out Program' will provide direct and detailed answers to serious questions from those interested in the long-term growth and success of CyberKey. We encourage all current and potential investors to submit their questions to investor*cyberkeysolutions.com."
While continuing the process to complete CyberKey's audited financials and become fully reporting through "EDGAR System Filing," the Company is pleased to report that it has updated its Central Index Key (CIK). The CIK was updated in preparation for the filing of CyberKey Solutions' audited financials with the Securities and Exchange Commission (SEC).
The CIK is a unique, 10-digit public number that is assigned to each entity that submits filings to the SEC. The Central Index Key (CIK) allows the SEC to differentiate between filing entities with similar names.
CyberKey Solutions, Inc. recently announced the resounding success it attained as a participant in the 2006 Asia Pacific Homeland Defense Summit. The Company expects to provide details of the many new contracts that are currently under negotiation with leaders from government, the military, academia, and the private sector, within the next several weeks.
About CyberKey Solutions, Inc.:
CyberKey® Solutions, Inc. is currently fulfilling a $25 Million purchase order to various segments of the U.S. Government. CyberKey® Solutions, Inc., based in St. George, Utah, partners with industry leading manufacturers and distributors to deliver secure USB drive based solutions to vertical markets and content owners, service providers and resellers. CyberKey's solutions solve real-world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications. For more information, please visit CyberKey's website at http://www.cyberkeysolutions.com.
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact: CyberKey® Solutions, Inc. Investor Relations 1-866-THE-APPL(E)
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Naked Shorting -- Why not just ignore the law? by Margaret Jones, Wall-Street.com Lately there's been a lot of discussion about naked shorting. Some people go as far as to call it "Stockgate". Others say it is no big deal. To understand the situation, first you have to understand the definitions of shorting and naked shorting.
The short seller sells stock that he does not own. He has borrowed it and will sooner or later need to return it. He assumes that the stock will fall in value and he'll be able to buy it back at a lower price when necessary to return it; thereby making a tidy profit. There have been market systems which did not allow shorting, citing various problems and abuses. However it is perfectly legal in our present system and many feel that shorting contributes to increased market stability.
Naked shorting, however, is not legal in our country at present. In this case, per the SEC's definition, "...the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. As a result, the seller fails to deliver securities to the buyer when delivery is due; this is known as a 'failure to deliver' or 'fail.'"
Now, there are some situations where a stock will, technically, be naked short temporarily while market makers juggle ownership and while paper certificates catch up to electronic-trading reality. This is practical and legal and is not a problem unless it is abused. However, when the stock is simply created electronically and time passes (sometimes ad infinitum) without the stock certificate being delivered, this is akin to counterfeiting!
Those journalists who say that naked shorting is not a problem point out that many of the vociferous critics are those whose companies are in trouble or whose stock has been overvalued by too-enthusiastic investors. Well, really -- what sort of company do you think will be impacted? Berkshire-Hathaway? Yes, a few CEOs use naked shorting as an excuse for poor stock performance but this does not mean that badly run companies and their shareholders are excluded from protection of the law. And who said that SEC regulations do not apply when trading a shaky stock?
So, two groups of people are complaining about naked shorting.
First, the companies whose stock is being naked shorted are upset. Of course they are not happy about the regular shorting that occurs but the naked shorting dilutes the stock further, drives the price down faster, and adds insult to injury.
Secondly, ordinary investors who play the game legally are rankled by the unfair advantage of those who can simply create stock out of thin air and sell it. Golly, I'd like to print some stock certificates on my inkjet and sell them but I'd land in jail faster than you can say "Martha Stewart"!
Everybody agrees that naked shorting exists. There have been blatant cases where the number of shares traded greatly exceeded the number of shares issued. However, the extent of the problem has been hard to measure. On January 3 of this year the SEC put into effect Regulation SHO, which sheds some light on the problem by mandating the publishing of a weekly "threshold list" of those stocks with a real "failure to deliver" problem. Well, the lists confirm that there are a lot of shorted stocks and they remain shorted week after week. But the lists do not reveal who is doing the shorting. And unfortunately Reg. SHO has no real teeth with which to effect a solution.
A number of media articles, columns and ****s have speculated on who is behind the naked shorting and various ways it may be accomplished. The writers often mention frustration in obtaining concrete data from the brokers, the exchanges and the DTCC. When researchers are stonewalled I get a whif of rotting fish from behind those walls.
Avoiding paranoid conspiracy theories and Chicken Little scenarios, there is still cause for concern. The rules are simply being ignored. Moreover, when there are loopholes through which illegal money can be extracted, an increasing number of leeches will gather with vacuum hoses. Do you remember the banking fiasco of the '80's? Bankers convinced the government that they were honest, responsible people and did not need so many rules. They forgot their group was upstanding because no criminal would bother with such a well-regulated industry. Once the rules were relaxed the sharks moved in and the honest bankers were no match for them.
And to make matters worse, the SEC is planning to do away with paper certificates completely. Although this is practical for the long run, we all know what happens when you go digital with a system which is already faulty on paper!
Whether or not naked shorting is at Stockgate crisis proportions right now, if we let the situation slide we will have deja vue all over again.
TSSP (.01) Reports Record October and Fourth Quarter 2006 Sales
Market Wire "US Press Releases "
FAIRHAVEN, CA -- (MARKET WIRE) -- 11/07/06 -- TrendSetter Solar Products, Inc. (PINKSHEETS: TSSP) today announced that it recorded all time high product shipments for the month of October and for the fourth quarter 2006.
Dirk Atkinson, CEO of TrendSetter, said, "Preliminary numbers for October sales are $250,771, the highest monthly sales recorded in the Company's over 20 year history. This compares to October 2005 sales of $151,215, an increase of just under $100,000, an increase of approximately 66 percent."
Atkinson went on to say, "TrendSetter launched their new marketing campaign in January 2006 with targeted customers representing larger sales that require longer lead times. This strategy and these marketing and sales efforts are beginning to produce sales increases. Additionally, as this past fiscal year has progressed we have moved targeted sales efforts into the national arena."
ABOUT TRENDSETTER SOLAR PRODUCTS
TrendSetter manufacturers and markets proprietary solar thermal hot water heating and storages systems. The typical single residential standard hot water heating and storage system will emit approximately 3,500 pounds of carbon dioxide into the atmosphere each year contributing to pollution and global warming. TrendSetter's system is economically efficient and does not emit carbon dioxide.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical fact may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from the projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact Information Dirk Atkinson CEO TrendSetter Solar Products, Inc. dirkatkinson*comcast.net
NMKT (.28) Releases Plan to Incubate Emerging Technologies by Growing $70 Million Operation into Conglomerate of Micro Cap Public Listings
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
NewMarket Technology, Inc. (OTCBB:NMKT) releases plan to incubate emerging technologies by expanding its current business now producing $70 million in annualized revenue into a conglomerate of micro cap public listings. The business plan was outlined by Philip Verges, CEO and Chairman of NewMarket Technology, in an interview by Senior Analyst Todd Santorelli of the Wall Street Reporter. To access the free audio interview register online at www.******************.com, then log in and click on NewMarket Technology on the right side of the screen.
NewMarket Technology recently announced the independent public listing of their consolidated subsidiary, NewMarket China, which is forecasted to recognize approximately $20 million in revenue for fiscal year 2006. NewMarket's operation in China continues to be a consolidated subsidiary of NewMarket Technology, but now with an independent public listing (OTCBB:IICP). The subsidiary name will be changed to NewMarket China and the ticker symbol will be changed in the coming weeks.
This initial independent public listing of a consolidated subsidiary is an integral part of NewMarket's business plan to continuously publicly list subsidiary operations and build a conglomerate of micro cap public listings.
"After the end of the technology investment bubble, the incubator business model fell out of favor on Wall Street," said Philip Verges, CEO of NewMarket Technology. "The availability of venture capital for start-ups has also dramatically fallen off since the end of the investment bubble. We recognized a need to build a new approach to accessing capital for emerging technology opportunities. We have been constructing a new business model since 2002 to continuously introduce new technologies to new markets. The micro cap public markets are a good source of investment, but come with expenses outside the mere building of a business, in addition to requiring skills not usually in the expertise portfolio of your typical entrepreneur. NewMarket is building a portfolio of emerging technology companies with the intention of listing each company as it gains early operational traction. The conglomerate of publicly listed micro cap companies will be able to better navigate the markets and optimize shareholder return than each company on its own."
Highlights of a Conglomeration of Micro Cap Publicly-Listed Companies
Reduced Expenses
The expense of maintaining a public listing has increased substantially with the Sarbanes-Oxley laws increasing, which has resulted in micro cap companies seeing a higher percentage of their bottom line being reduced due to the increased expenses. That expense is reduced per company by combining multiple companies into a single conglomerate that can share in the redundant expenses by taking advantage of the economies of scale the combination produces.
Optimized Market Conditions
Managing the public markets is not usually the expertise of an entrepreneurial technology management team. Their focus is, and should continue to be, the management and growth of their company in their field of expertise. The conglomerate can provide the necessary expertise for a publicly listed company on an as needed basis, at reduced costs.
Improved Transparency for Shareholders
NewMarket is working to upgrade its listing to NASDAQ or another more regulated exchange. By having "smaller board" listed companies as consolidated subsidiaries of a "big board" listed company, the subsidiary companies are essentially required to meet the reporting standards of the more regulated "big board" exchange.
Enhanced Shareholder Return through Dividends
An important part of NewMarket's business plan for continued growth, in both revenue and shareholder value, is the periodic distribution of dividends in the form of stock of the subsidiary companies to NewMarket shareholders. Dependent upon the structure of each subsidiary spin-off, shareholders of NewMarket can look forward to stock dividends in each publicly listed subsidiary.
NewMarket Technology, Inc. Town Hall in New Orleans
Shareholders and interested investors are encouraged to attend the NewMarket Annual Town Hall to learn more about the Company's business plan, review 2006 performance and plans to continue rapid growth into next year with a forecasted $120 million in profitable annual revenue for 2007.
The NewMarket Technology Annual Town Hall will be held in New Orleans on December 7, 2006, at 3:30 p.m. CST. The Town Hall meeting will be held at the centrally located Royal Sonesta Hotel (www.royalsonestano.com). American Airlines (NYSE:AMR) has offered discounted airfare on all flights to New Orleans from across the country between Dec. 5 - Dec. 10, 2006. To receive the discounted rate, attendees should go to www.aa.com or call American Airlines Group Services at 1-800-433-1790. When making your reservation, please use discount code "A64D6AO."
In addition to discounted rates with American Airlines, Avis Rental Car (NYSE:CAR) and the Royal Sonesta Hotel have also offered discounted rates. To book a car with Avis, please go to www.avis.com or call 1-800-331-1600. When making your reservation, please use Avis Worldwide Discount (AWD) number "J995226." To reserve a room at the Royal Sonesta Hotel, please mention "NewMarket" to receive the discounted rate of $149 per night. Reservations at the Royal Sonesta must be made by Nov. 6, 2006, to receive this special group rate.
If you have any further questions, or would like to RSVP to the NewMarket Technology Annual Town Hall please contact Whitney Marks at 214.722.3052 or wmarks*newmarkettechnology.com.
To be added to NewMarket's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir*newmarkettechnology.com.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Source: NewMarket Technology, Inc.
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NDOL (.14) Completed $15 Million Agreement to Be Used for Immediate Acquisition of Oil Reserves Nov 7, 2006 11:48:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 11/07/06 -- North West Oil Group (PINKSHEETS: NDOL) announces that it has signed a sales agreement with the Hungarian Oil and Gas (MOL) company on the latter's purchase of 100% of the NWOG-MOL project company by which North West Oil Group shall receive USD 15.5 million. The transaction is successfully completed, including the approval of the Russian Competition Office.
Mr. Malyshev, president of North West Oil Group, commented: "Our Company assigns an important role to the acquisition of further prospects in our Russian upstream strategy in order to greatly increase future production. The funds shall be used for an immediate acquisition of oil reserves which will enhance our portfolio."
About North West Oil Group (formerly Nord Oil International)
North West Oil Group. is a non-reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. The company presently produces over 120,000 Metric Tons of crude oil yearly.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact: Empire Relations Ken Maciora President 516-750-9719 km*empirerelations.com
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VICI (.0044) Victor Industries, Ethos Environmental Complete Merger
PrimeZone "PrimeZone "
SAN DIEGO, Nov. 7, 2006 (PRIMEZONE) -- Victor Industries, Inc. (the "Company") (OTCBB:VICI) is pleased to announce that it has consummated the merger with San Diego, CA based Ethos Environmental, Inc. Per the terms of the merger agreement, the Company has redomiciled to Nevada, and the surviving corporation has changed its name to Ethos Environmental, Inc.
During the week of October 30, 2006, Ethos welcomed over a thousand visitors to the grand opening of its new, state of the art 70,000 square foot production facility. Among those in attendance were local politicians, businessmen, shareholders and distributors. Over 350 people attended the opening night dinner held on November 1, 2006, while over 220 distributors representing 11 countries were present for the distributor training seminar held on November 4, 2006.
The new facility includes a state of the art, custom made production line that is capable of filling and packaging over 2,000 drums per shift. The specially designed automated bottle filling lines are capable of filling and packaging over 100,000 bottles per shift. In addition, the storage capacity of the tanks is in excess of 200,000 gallons. While the production portion of the new facility is complete, Ethos expects that the office infrastructure will be completed in the coming weeks.
Ethos CEO & President Enrique de Vilmorin stated that "(t)his represents the culmination of a dream for Ethos, its shareholders and all of its supporters over the past six years. The opening of our new facility and the closing of the merger with Victor Industries both represent significant milestones for the Company. We will work harder than ever, both for our current shareholders and those of Victor Industries."
For additional information regarding Ethos, please visit www.ethosfr.com. For additional information regarding the merger, please refer to the filings of Victor Industries, Inc. with the Securities & Exchange Commission.
About Ethos Environmental, Inc.
Ethos Environmental is a manufacturer and distributor of a unique line of fuel reformulating products under the name Ethos Fuel Reformulators, or Ethos FR. Ethos is conceived to work with any fuel in an internal combustion engine. It adds cleaning and lubricating qualities to any type of fuel or motor oil, allowing engines to perform cooler, smoother and with more vigor. The overall benefits are increased fuel mileage, reduced emissions and maintenance costs. Over the last decade, the unmatched value of Ethos FR products has been proven through millions of miles of on-the-road testing. Ethos Environmental is also at the forefront in the development of new blending methods and is positioned to lead the industry with numerous new products currently under development to cover areas of synthetic oils, sulfur substitutes and varied formulations of the original Ethos FR and its enhancements.
Since the company was founded, it continues to experience tremendous growth in the global market place. Ethos Environmental has successfully launched products in regions such as North and South America, Western Europe and the Asian Pacific Rim through global channels of distribution and collaborations with market-specific distributors. Due to the comprehensive understanding of these distributors of local market dynamics and indigenous cultural preferences, Ethos's management has successfully adapted to the global markets in which it operates.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the Company and its operations are included on certain forms the Company files with the Securities and Exchange Commission.
SIEN (.30) Announces Successful Installation of More Than $4 Million in High-End Gaming and Entertainment Systems at Top Las Vegas Properties
PR Newswire "US Press Releases "
LAS VEGAS, Nov. 7 /PRNewswire-FirstCall/ -- Jeff Hultman, CEO of publicly traded Siena Technologies (formerly known as Network Installation Corp.) (OTC Bulletin Board: SIEN), announced today its Kelley Technologies subsidiary has successful delivered high-end technology projects totaling more than $4 million at some of the most exciting properties in Las Vegas.
The largest installation features Kelley's patent pending Race and Sports Book Technology at Station Casino's Green Valley Ranch. This is the third system to be installed this year, with the first two at Station Casino's Red Rock Casino, Resort and Spa, with the other showcased at Boyd Gaming Corporation's Borgata Hotel, Casino & Spa in Atlantic City. A fourth Race and Sports Book project is scheduled for delivery in December 2006 at Santa Fe Station Hotel and Casino.
Continuing its legacy as the high-tech gaming and entertainment specialists, Kelley's cutting-edge design teams unveiled their latest creations inside numerous locations at the Palms Resort & Casino. From video to lighting to special effects, Kelley's creativity now enhances the customer experience at the Playboy Club, Moon Nightclub and Nove Restaurant. The team also designed the video and theatrical lighting systems for the Palms new concert venue.
"This is a testament to the creativity and professionalism of Mike Kelley and his team of engineers," says Hultman. "The gaming and resorts properties continue to raise the bar for the customer experience and I am proud that Kelley Technologies continues to deliver systems that meet and exceed these sophisticated demands. Our clients know they can depend on our smart, hard-working team to bring them the kind of solutions that provide that all-important 'wow' factor for guests to keep them coming back."
About Siena Technologies.
Siena Technologies (formerly known as Network Installation Corp.), through its wholly-owned subsidiary Kelley Technologies, is a technology company which specializes in the design, development and integration of communication technology and system networks for the resort and gaming industry as well as luxury high-rise condo developments (MDUs).
Kelley Technologies has also developed a patent-pending, proprietary next generation Race and Sports Book platform designed for the gaming industry and remains committed to developing the most advanced technology solutions to meet the desires of its clients.
To find out more about Siena Technologies (OTC Bulletin Board: SIEN) or Kelley Technologies, please visit www.kelleytechnologies.com and www.enhanceht.com. The Company's public financial information and filings can be viewed at www.sec.gov.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
SOURCE Siena Technologies
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BUNM (.0011) Announces Sponsorship of PodCamp West
Market Wire "US Press Releases "
HENDERSON, NV -- (MARKET WIRE) -- 11/07/06 -- Burned Media (PINKSHEETS: BUNM), a Digital Music and Media company, has announced it is sponsoring PodCamp West November 18-19 in San Francisco.
The company now is beginning to execute its online download and music discovery strategy. As part of this strategic plan, it will tap into the online music ****ging community as a means of promoting artist releases and developing a user community.
PodCamp West Podcamp is for people interested in new media. ****gers, Podcasters, and Video ****gers (Vloggers) are who the conference is targeted at.
The company previously announced it is in the process of developing its online download and ringtune store. Enabling online users to find the music that is available by both their favorite artists and new artists is an important part of selling music online.
Burned Media Ltd. is expected to announce at PodCamp West the launch of a social networking initiative around music ****ging that will enable listeners to discover new music via music ****s and podcasts, and allow ****gers and podcasters to increase the reach of their ****s.
The company also believes that this yet to be announced web-based service will enable Burned Media Ltd. to generate future ancillary revenue from online advertising and click through referrals as its user community grows.
About Burned Media Ltd.
Burned Media Ltd. is focused upon the sales of digital music and other digital products and services via self-service music burning kiosks and online stores.
Forward-Looking Statement
The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
Contact: Investor Relations 416-855-2061
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SONX (.11) Signs License and Collaboration Agreements for Its UAS Heavy Fuel Engine Technology
PR Newswire "US Press Releases "
ANNAPOLIS, Md., Nov. 7 /PRNewswire-FirstCall/ -- SONEX RESEARCH, INC. (OTC: SONX), a leader in the field of combustion technology, announced that it has licensed a part of the patented Sonex Combustion System (SCS) heavy fuel engine (HFE) technology to Insitu, Inc. (Bingen, WA), a pioneer developer of long-range, unmanned, autonomous aircraft. Insitu is best known for its long endurance, low cost unmanned aerial systems (UAS) including the Insight(TM), the ScanEagle(R) UAS, developed in partnership with Boeing, and the GeoRanger(TM), UAS, developed in partnership with Fugro Airborne Surveys. Sonex and Insitu have also entered into a Collaboration Agreement under which the parties will consult and cooperate to identify potential new projects including the continued development and commercial application of the SCS HFE(TM) technology.
Pursuant to an Exclusive License Agreement signed this week with Insitu, over the next sixty days Sonex will receive cash payments for non-refundable advance royalties and an exclusivity fee. The license is exclusive to Insitu for UAS engines up to a certain engine size. Sonex will also receive per unit royalties from Insitu for each engine produced. The Collaboration Agreement also provides for minimum consulting fees to Sonex over the next two years. Further details of the two agreements remain confidential to maintain the competitive positions of both companies.
The Department of Defense (DoD) now desires engines used in UASs and other military applications for which gasoline storage and use are undesirable, to operate on less volatile, heavy fuels to reduce the hazard associated with gasoline. Sonex has established a viable HFE technology baseline by applying its patented SCS modified combustion chamber design and proprietary starting system to the conversion of lightweight, spark-ignited (SI), two-stroke gasoline engines for use in military applications such as UASs to start and operate with reduced fuel consumption and low smoke on kerosene-based heavy fuels JP-5, JP-8 and D-2 diesel (with lubricant additive) while retaining the ignition precision of the SI process. The SCS process for two-stroke engines achieves in-cylinder control of ignition and combustion through the chemical/turbulent enhancement of combustion via combustion chamber modifications that change the chemical characteristics and fuel disbursement characteristics within the combustion chamber.
Sonex has previously announced two development and testing agreements with an unnamed customer, now identified as Insitu. The first in October 2005 was for the development of a combustion system to convert the small, two-stroke, SI gasoline engine used in the ScanEagle to heavy fuel operation. Following the successful demonstration in February 2006 of a "Proof of Concept" laboratory SCS HFE prototype operating on JP-5 heavy fuel, the Company announced the award in March 2006 of a follow-on Phase 2 project to develop, fabricate and qualify pre-production, flight ready SCS HFEs. A significant accomplishment of Phase 2 has been the ability to reliably start the SCS HFE at cold temperatures.
Dr. Steven M. Sliwa, President and CEO of Insitu said, "Our primary focus in this effort has been to deliver a heavy fuel engine solution to our customer and today's announcement demonstrates the progress we've made with Sonex's technology. It is a testament to the skill and combined talents of our respective teams that we've been able to meet our goal so successfully." Sliwa continued, "All of our customers have indicated the high desire for this capability, and we plan to start flying the solution in the coming weeks."
Dr. Andrew A. Pouring, Sonex Chairman of the Board, CEO and President, said, "Sonex is pleased to be working with the highly professional and technically knowledgeable members of the Insitu team who understand the significance of achieving low temperature starting and operation of diesel type fuels in SI carbureted engines in their UASs, in particular the improved safety impact on our Armed Forces. The license agreement with Insitu is a significant milestone in the history of this company. We are excited with the prospect of production HFEs incorporating the SCS technology, which would serve as validation of Sonex's patented small HFE technology."
Dr. Pouring added that, "Without the many hours of dedicated work and inspired innovation of the entire Sonex staff, this advance could not have happened. In spite of the persistent pressure of the misguided securities litigation still being pursued against the Company which has hindered our progress by diverting management's attention from making this business a success, the support of the majority of our shareholders has contributed to this important event."
About Insitu
Insitu, located in Bingen, Washington, develops Unmanned Aerial Systems (UASs) for commercial and military applications. Insitu introduced the first Unmanned Aerial Vehicle (UAV) to cross the Atlantic Ocean and has partnered with Boeing to develop ScanEagle and Fugro Airborne Surveys to develop GeoRanger. For more information about the company, see www.insitu.com.
About Sonex
Sonex Research, Inc., a leader in the field of combustion technology, is developing its patented Sonex Combustion System (SCS) piston-based technology for in-cylinder control of ignition and combustion, designed to increase fuel mileage and reduce emissions of internal combustion engines. Sonex plans to complete development, commercialize and market its Sonex Controlled Auto Ignition (SCAI) combustion process to the automotive industry to improve fuel efficiency of gasoline powered vehicles. Additionally, independent third- party testing has confirmed the potential of the SCS application for direct- injected diesel engines to significantly reduce harmful soot in-cylinder without increasing fuel consumption. Other SCS designs are being used to convert gasoline engines of various sizes to operate on safer, diesel-type "heavy fuels" for use in military and commercial applications requiring light weight and safe handling and storage of fuel, such as in UASs (unmanned aerial systems).
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
"Forward-looking" statements contained in this report, as well as all publicly disseminated material about the Company, are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act. Such statements are based on current expectations, estimates, projections and assumptions by management with respect to matters such as commercial acceptance of the SCS technology, the impact of competition, and the Company's financial condition or results of operations. Readers are cautioned that such statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from those expressed in any such forward-looking statements.
RISK FACTORS
Additional information regarding the risks faced by Sonex is provided in the Company's periodic filings with the Securities and Exchange Commission (SEC) under the heading "Risk Factors". Such filings are available upon request from the Company or online in the SEC's EDGAR database at www.sec.gov. The Company, however, is delinquent in its filings with the SEC. It has not filed Annual Reports on Form 10-KSB for the years ended December 31, 2004 and 2005 primarily because it lacks the financial resources to engage an independent registered public accounting firm to conduct audits of the related financial statements, and because it lacks the staffing to prepare the Form 10-KSB due in large part to the amount of time management has devoted and the amount of funds the Company has spent in responding to litigation. For the same reasons, the Company has been unable to file its Quarterly Reports on Form 10-QSB for 2005 and 2006. The Company is unable to predict when it will be able to make these filings and there can be no assurance that the filings will be made at all. In addition, there can be no assurance that a public market for the Company's Common Stock will continue to exist.
ScanEagle(R) is a registered trademark of the Boeing Company.
Insight(TM) and SeaScan(TM) are trademarks of Insitu, Inc.
GeoRanger(TM) is a trademark of Fugro Airborne Surveys.
SOURCE Sonex Research, Inc.
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MAEN (.024) Releases Update Of European Orders
Hugin "Hugin English "
VANCOUVER, British Columbia, November 7, 2006 - Maisonette International Enterprises Ltd. "the Company" (PINKSHEETS:MAEN) www.maisonetteworld.com is pleased to announce that its wholly owned Canadian subsidiary Maple Seal Homes Ltd. ("MSH") www.maplesealhomes.com has received several requests for quotations from its representative office in France and in the United Kingdom for upcoming orders to be closed in 2007.
The Company wholly owned subsidiary, MSH expects to start exporting homes to several locations in the United Kingdom and France for 2007 as it has received confirmations from the United Kingdom on one of its projects in the planning stage and it is very confident that its first project in France will be sold by the second half of 2007. MSH is bidding for projects in Northern and Southern France as well as the Parisian suburban region. Its pricing is extremely competitive and the demand in France is very high for the country itself. Already, as previously announced October 19th 2006, MSH is bidding for a project of forty five homes in the northern region of France and has received other inquiries as well. MSH expects to have more news on this and other French clients by the middle of November 2006.
In the United Kingdom, MSH has been working on mainly one large project and has now received inquiries for two additional projects to be quoted for bidding as well. MSH has received assurances that several orders will be placed in 2007 from one or more of these projects. Further bidding and inquiries are expected from the United Kingdom as well. All in all, MSH expects to bid for up to six million US dollars of timber framed homes for export in Europe in 2007 and it expects to close on a portion of these orders in 2007. The plan for 2008 onward is to start building momentum in France and the United Kingdom by exporting up to fifty homes per year and growing, while working on its other markets in Belgium and Switzerland during that same year.
The Company and its Board of Directors is very pleased with this development and is looking forward to a positive 2007. With the sales and funds MSH and the Company will be able to accumulate, the Company's long term outlook is looking very bright. The company is also confident that once a sum of cash has been saved from earnings, it will have more than enough resources to hire a professional public relations firm in order to educate the investment community about its business and inherent value. The Company has also not ruled out an outright share buy-back once steady income has been generated.
The Company also encourages everyone to go to MSH's website at www.maplesealhomes.com to learn more about MSH and its business. Further news will be issued as soon as MSH reports its progress on its bidding for its homes in France by the middle or end of November 2006.
About Maisonette International Enterprises Ltd.
Maisonette International Enterprises Ltd. is a publicly held holding company incorporated in Nevada, USA. Its primary asset is a 100% wholly owned Canadian company called Maple Seal Homes Ltd. www.maplesealhomes.com with its primary activity being the sale and distribution of panelized prefabricated housing and building materials for the general public and professionals.
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. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information. Media Contact:
13:35 11/08/2006 MTNA Material Technologies, Inc. Class A Common Stock MTTG Material Technologies, Inc. Class A Common Stock 1-300 R/S **
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TTEN (.10) Signs Letter of Agreement With Infox Holdings -- a High-Tech Company in Guangzhou, China
Market Wire "US Press Releases "
WASHINGTON, DC -- (MARKET WIRE) -- 11/07/06 -- Tech 10, Inc., a wholly owned subsidiary of Ten & 10, Inc. (PINKSHEETS: TTEN), announced today a Letter of Agreement has been signed to enter into a Strategic Joint Venture Agreement ("SJV") with Infox Computer Service Co., Ltd. (ICS), dba Infox Edge Communications (IEC).
ICS, a comprehensive high-tech company in Guangzhou, Guangdong Province, China, has successfully developed several hardware and software products, which received major awards in China including the National Innovation Fund in 2002 and the National Key New Product in 2003, and has signed several related contracts and strategic relationships with regards to these products including a contract with Ericsson and a preliminary written Agreement with the Guangdong Branch of China Mobile. IEC is a wireless technology provider of Mobile Streaming Service Platform based Multimedia Processing System in PRC China. IEC is seeking a partner with wireless expertise that can provide technology adaptation, financing, project management, marketing and distribution for IEC products and technology in the western, southern, mid and eastern parts of the USA. These products, its intellectual properties and contractual relationships will be assigned to Infox Edge Communications a wholly owned subsidiary to be created for the purposes of receiving foreign investment and investors in China (WOFE) -- Wholly Owned Foreign Enterprise.
Under the terms of the Agreement, both parties intend to execute a full SJV agreement. As a condition of the SJV, IEC will assign specific current and future customer service contracts to the joint venture, entitling Ten & 10, Inc. to fifty-two percent (52%) of the net proceeds derived from those service contracts. In consideration of IEC assignment of the customer service contracts, Ten & 10 agrees to invest working capital into the SJV. Ten & 10 also agrees to negotiate a representation agreement, that allows Ten & 10 to market and sell the products by way of its other subsidiaries.
Ten & 10's President, Curtis Pree, stated, "We are preparing to begin due diligence and are hopeful that this will be a long and profitable relationship with Infox."
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:
The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings.
Contact:
Jack Eversull Investor Relations The Eversull Group Email Contact: Email Contact 972-991-1672 (office) 972-991-7359 (fax)
Barbara Manui Investor Relations Blue Future P.O. Box 286392 New York, NY 10128 Email Contact: Email Contact 212-423-0407
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NNLX (.14) Scientists Make Progress in Research and Development for Biohydrogen Production
PR Newswire "US Press Releases "
SHARON, Pa., Nov. 7 /PRNewswire-FirstCall/ -- Nanologix, Inc., (OTC: NNLX), a nano-biotechnology company engaged in the research, development and commercialization of technologies for alternative sources of fuel, today announced that its team of microbiologists have recently discovered a reliable and simple way to produce hydrogen gas that can be used to power cars, homes and businesses without polluting the environment.
Dr. Sergey Gazenko and Ben Feldmann, microbiologists at NanoLogix' Cincinnati laboratory, succeeded in using a proprietary NNLX microbiological methodology to convert various nutrients into hydrogen gas. When the proprietary bacteria are allowed to grow under anaerobic conditions, they metabolize sugars and convert them into carbon dioxide and hydrogen at a 1:1 ratio. The carbon dioxide is then removed by passing the gas mixture through a concentrated solution of sodium hydroxide, and pure hydrogen is all that remains.
Scientists have previously known about the capabilities of bacteria to produce hydrogen in an anaerobic system. The challenge has been to build a bioreactor that uses an inexpensive, renewable nutrient media and food which the bacteria can consume and change into an energy source that can be used by humans.
For this purpose, the NanoLogix team has combined switchgrass, a fast- growing grass that can survive in poor soil conditions, and a solution of 3% grape juice waste. Combining the two nutrient sources was shown to increase the gas production of the bacteria 3-fold over just using switchgrass or grape juice waste alone. This can be explained by the addition of sugars (fructose and glucose) from the grape juice waste to the nutrients in the switchgrass, which creates an optimal nutrient mixture for the proprietary NNLX microbiological methodology to thrive and thus produce large amounts of hydrogen.
To produce this hydrogen, the nutrient mixture is first prepared by a simple proprietary pre-preparation process. It is then pumped into a continuous feed, multi-channel, closed bioreactor containing immobilized cultures. The bacteria use the nutrient media in their normal metabolism and produce a mixture of hydrogen and carbon dioxide gas. The gases are then passed through a sodium hydroxide solution, which combines with the carbon dioxide and removes it from the system. The hydrogen gas which remains is pumped into a storage container or immediately used for fuel.
Mitchell Felder, M.D., NanoLogix Chairman of the Board and Chief Executive Officer, stated, "We at NanoLogix believe that this may be a significant step forward in achieving an economical, efficient source of hydrogen from waste streams. Attaining this goal would change the world energy paradigm. We are very proud of the accomplishments Dr. Gazenko and our team of microbiologists have made at our Cincinnati laboratory."
NanoLogix's patent-pending process carries a host of advantages First, it relies on nutrient sources that are readily available and can be easily and quickly grown/produced. And if switchgrass and grape juice waste are not available locally, the system is flexible and can be adapted for numerous other kinds of biomass, such as corn, wastewater or waste byproducts. Second, the bacteria needed to drive hydrogen production in the bioreactor can be easily cultured in any laboratory and used immediately. There is no need for expensive and time-consuming procedures that alter the genome of the organism so it can be used in industrial processes. Third, the closed bioreactor system is virtually self-maintaining. By using a continuous feed bioreactor, nutrients are continually fed to the bacteria, and wastes are continually flushed out of the system. This allows the organisms to sustain their growth and metabolic processes, which in turn means they are constantly producing hydrogen gas that can be used for fuel. The channels of the bioreactor can easily be changed if they become contaminated or the bacterial cultures happen to die out.
On the whole, this new-age bioreactor is a simple, extremely cost- effective way to produce green power. It utilizes inexpensive materials, is easy to build and maintain, and can manufacture massive amounts of fuel without polluting our precious ecosystems. Ultimately, NanoLogix hopes it will help to reduce our reliance on fossil fuels, paving the way for a cleaner, more energy-efficient tomorrow.
About NanoLogix, Inc.
NanoLogix is an industry innovator in the research, development and commercialization of nano-biotechnologies, applications and processes. The Company owns or has the rights to 32 patented technologies and also has 22 pending patent applications. The Company is currently focused on the production of hydrogen from agricultural feedstock, industrial wastewater and municipal waste streams to create new sources of energy. NanoLogix is presently operating a hydrogen bioreactor at Welch's Food and has recently signed an agreement with the City of Erie Wastewater Treatment Plant for a prototype bioreactor installation. Additionally, NanoLogix develops and markets diagnostic test kits for use in early detection of infectious human diseases, and owns a patent for the non-toxic induction of apoptosis ('cell suicide') for the treatment of cancer. For more information on the Company, visit http://www.nanologix.net.
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 NanoLogix, 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.
Contacts: NanoLogix, Inc. Investor Relations 724-346-1302 Andrew Barwicki 516-662-9461 andrew*barwicki.com or Peter Clark OTC Financial Network 781-444-6100x629 peter*otcfn.com www.otcfn.com/nnlx
SOURCE NanoLogix, Inc.
Posted by J_U_ICE on :
DIGL (.215) Announces the First ODU-1 to ODU-2 Multiplexing Test Instrument
Business Wire "US Press Releases "
CLEARWATER, Fla.--(BUSINESS WIRE)--
Digital Lightwave(R), Inc. (OTCBB:DIGL), a leading provider of optical networking test equipment and technology, today announced that NIC platform instruments can now be equipped with ODU-1 to ODU-2 Multiplexing capability, an industry first. The Optical Channel Data Unit (ODU) is part of the Optical Transport Network as defined in ITU publication G.709.
The new Test Option enables NIC products to multiplex/demultiplex four ODU-1 signals within ODU-2 on Optical Channel Transport Unit (OTU)-2 interface. The NIC systems are used to confirm proper operation of network equipment during research and development, field implementation and ongoing maintenance.
OTN networks are being implemented worldwide to provide robust and future-proof communications, with advantages such as Forward Error Correction (FEC), Tandem Connection Monitoring (TCM), network scalability, as well as efficient and transparent transport of multiple types of signals including SONET/SDH and Ethernet.
"We are proud to be on the cutting edge of developing network technologies," stated Doyle Mills, Director of Product Marketing for Digital Lightwave. "The ODU-1 to ODU-2 multiplexing test capability finally provides network installers and equipment manufacturers the independent verification and analysis features they have needed for the lab, factory floor and field. This is one more example of how our flexible NIC platform, with its programmable technologies, allows the addition of extensive new feature sets. Our customers need test equipment that will grow with their needs and will have the features they need when they need them."
The ODU-1 to ODU-2 Multiplexing Test Option is available on the NextGen Multi-Rate (NGMR) module. The NGMR supports 10GigE LAN (10.3Gbps), 10GigE WAN (9.953Gbps) and 10G FEC (11.049/11.095Gbps) in addition to SONET/SDH from 51Mbps to 10Gbps, and the OTN rates of OTU-1 (2.66Gbps) and OTU-2 (10.7Gbps). Additionally, the NGMR is designed for application in today's most advanced NextGen networks, supporting VCAT (Virtual Concatenation), LCAS (Link Capacity Adjustment Scheme), and GFP (Generic Framing Procedure).
The NGMR module is available on all NIC(R) Platform products to enable single-module telecom/datacom testing.
About the NIC
Digital Lightwave's portable Network Information Computers (NIC) are software-based, modular products that combine a multitude of test functions in a single integrated solution, including OTN, SONET/SDH, NextGen (VCAT, LCAS, GFP), T-carrier/PDH, ATM, Ethernet 10/100/1000M, 1GigE and 10GigE LAN/WAN/FEC, and Jitter/Wander analysis.
About Digital Lightwave
Digital Lightwave, Inc. provides the global communications networking industry with products, technology and services that enable the efficient development, deployment and management of high-performance networks. Digital Lightwave's customers rely on its offerings to optimize network performance and ensure service reliability.
Editor's Note: Digital Lightwave(R) and NIC(R) are trademarks or registered trademarks of Digital Lightwave, Inc.
Source: Digital Lightwave, Inc.
Posted by Average Investor on :
ILST.OB - .015
Press Release Source: International Star, Inc.
International Star Inc. Announces Appointment of New Director and Repayment of Outstanding Loan Balance Tuesday November 7, 3:21 pm ET
HENDERSON, Nev., Nov. 7, 2006 (PRIMEZONE) -- International Star Inc. (OTC BB:ILST.OB - News) announces the appointment of Robert M. Glover to its board of directors. Also, International Star and Kilpatrick Life Insurance Company agree to the repayment of the $250,000 loan from November 2003. Effective November 3, 2006, Robert M. Glover, owner of Glover Enterprises, joined the Board of Directors of International Star, Inc., following a unanimous vote of approval at a called Board of Directors meeting. Robert (Mick) Glover has worked with International Star as an independent contractor for the last eighteen months helping to obtain additional property in the Detrital Wash area of Mohave County, Arizona. Mick has also been instrumental in the ongoing development of the process being used at both the Detrital Wash and Wikieup properties.
Mr. Glover brings with him over 30 years of industrial and corporate experience. His background includes consulting, chemical and mechanical engineering along with personal protection services. Mr. Glover's years of business and professional experience will bring additional strength and energy to the board and contribute to the strategic development of the company. Mr. Glover's strong work ethics and professional resources will be a valued asset to International Star in the coming months.
On October 28, 2003, International Star, Inc. (STAR) approved the acceptance of a Subscription Agreement and Loan Agreement between STAR and Kilpatrick Life Insurance Company (KLIC). Under the terms of these agreements, KLIC loaned to STAR $250,000 pursuant to a promissory note, carrying an interest rate of 6 percent per annum, with interest payable in quarterly installments with the first quarterly interest payment due on April 28, 2004. This note became due and payable in full on October 28, 2006, and was secured by a mortgage of a 25 percent mineral interest in the original 1,280 acre Detrital Wash Mining Claims in Mohave County, Arizona. Wishing to act in the best interest of International Star, Inc. and Kilpatrick Life Insurance Company, KLIC had waived payment of all interest due until October 28, 2006.
On October 30, 2006, KLIC and STAR agreed to convert the outstanding loan of $250,000 and interest due in the amount of $28,875.25, into ILST common stock at a rate of $0.015 per share for a total of 18,591,682 shares, bringing Kilpatrick Life Insurance Company total holdings of ILST common stock to 52,351,682 shares.
About International Star, Inc.
International Star, Inc. (OTC BB:ILST.OB - News) is based in Henderson, Nev. and is an exploration stage company with no reserves or mining operations. Since 1998 it has been embarked on the acquisition of mineral claims, principally in Mohave County, Arizona. Currently International Star is focusing on the exploration of its Detrital Wash property, located near Marker 22 in Mohave County.
More information about International Star can be obtained by contacting Dottie Wommack by e-mail at ir*istarnevada.com.
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievement expressed or implied by such forward looking statements. In some cases, forward-looking statements can be identified by terminology such as ``may,'' ``will,'' ``should,'' ``could,'' ``intend,'' ``expects,'' ``plan,'' ``anticipates,'' ``believes,'' ``estimates,'' ``predicts,'' ``potential,'' or ``continue'' or the negative of such terms or other comparable terminology. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither it nor any other person assumes responsibility for the accuracy and completeness of such statements.
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