January 02, 2007 08:00 AM Eastern Time Med Gen Receives Approval for Painenz® BOCA RATON, Fla.--(BUSINESS WIRE)--Med Gen Inc. (OTCBB:MGEN), manufacturers of nationally branded OTC healthier life products, announced that it has received overwhelming approval from the PGA Tour Partners Club for its Painenz® roll on pain relief product.
Painenz® was scrutinized and used by over 350 PGA Tour members for its overall effectiveness in treating pain due to arthritis, muscle strain and general aches due to sports or other activities. The approval rating was better than 67% and the member rating was 6.9. Painenz® was also tested and approved by the Health and Wellness Club, also with excellent results. The December issue of Today’s Health & Wellness magazine has published these excellent results for their readership.
Paul Mitchell, Med Gen’s President in reporting these results indicated that he was going to use the results of these tests in current promotions. “Painenz® is an excellent product for the relief of pain. It is easy to use, not messy and odorless…Best of all, it works and works fast," he said. Med Gen sells this and its other products on its www.medgen.com Online Store.
About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system, Spray’s the Way (“STW”). It is best known for producing the world’s first patented liquid spray snoring relief formula, Snorenz®. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep® and the Un-Diet™ system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems such as its roll-on pain relief formula, Painenz®. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names.
Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol “MGEN”. For information contact Investor Relations 561-750-1100 or www.medgen.com.
This Press Release contains or incorporates by reference “forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words “believes”, “suggests”, “anticipates”, “plans”, “expects”, and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.
Contacts Med Gen Inc., Boca Raton Paul Kravitz, 561-750-1100 www.medgen.com Posted by J_U_ICE on :
ASIQ .065
January 02, 2007 04:14 AM Eastern Time ASI Entertainment Inc. Announces Restructure SEATTLE--(BUSINESS WIRE)--ASI Entertainment, Inc. (OTCBB:ASIQ) announced today that the Company’s Board has received and ratified a restructuring proposal received from the majority stockholders of the company. The restructuring will become effective December 31, 2006.
Under the restructure:
a. ASI Entertainment, Inc. ("ASI”) will distribute all of the ordinary shares of its subsidiary, ASIQ Pty. Ltd. (“ASIQ”) to the stockholders of ASI in the same proportion as their stockholding in ASI.
b. Subsequent to the distribution of ASiQ shares, ASI will issue 32,216,664 shares of its common stock for $500,000.
c. ASI will acquire ASIQ’s SafeCell Intellectual Property for $250,000 under payment terms to be agreed, and will agree to write off $1,800,000 debt owed to ASI by ASIQ.
On completion of the restructuring, ASI’s subsidiary ASIQ will be privatised. ASIQ provides in-flight connectivity solutions for airline passengers and crew. ASiQ has contracts with Saudi Arabian Airlines and Air One for its internet based systems.
ASI’s business will then comprise the ownership of the SafeCell Intellectual Property and will look to other synergistic investments.
SafeCell is an application for a patent of a new concept that allows cell phones to be operated in-flight, without interfering with the aircraft avionics and cellular ground networks.
ASI CEO, Mr Ron Chapman stated, “the restructuring is appropriate under current market conditions as it will generate working capital for both companies to further develop the products and programs, and will result in the current ASI shareholders retaining their investment in the airline communication business through ASIQ, as well as an investment in the SafeCell Intellectual Property in ASI.”
Safe Harbor Disclosure:
Certain statements contained in this press release and periodic reports issued by ASI Entertainment, Inc., (ASIQ) (the "company"), that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the company, its directors, or its officers about the company and the industry in which it operates and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the company's strategies regarding growth and business expansion, including future acquisitions; (b) the company's financing plans; (c) trends affecting the company's financial condition or results of operations; (d) the company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the company's ability to respond to changes in customer demand and regulations. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", and similar expressions are generally intended to identify forward-looking statements. Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix, and the geographic mix of sales. The company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts ASI Entertainment, Inc. Phil Shiels, +61 3 9016 3021 phil.shiels*asiq.com www.g3cars.com www.asiq.com Posted by J_U_ICE on :
LLLI .135
January 02, 2007 01:35 PM Eastern Time Lamperd Less Lethal Announces Military Sales Order SARNIA, Ontario--(BUSINESS WIRE)--Lamperd Less Lethal (OTCBB:LLLI)("Lamperd") is pleased to announce that we have shipped the second part of a Military Sales Order on December 20, 2006 destined for Afghanistan. Our products are now approved for Military use overseas, and we anticipate additional orders over the next twelve months.
About Lamperd
Lamperd Less Lethal is the developer and manufacturer of a wide range of leading edge civil defense equipment, including less lethal munitions such as the WASP round and the Defender series of launchers, as well acting as a supplier of training and accessories, for the police, military, private security and corrections markets.
Forward-Looking Statements. This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including the receipt of any additional orders over the next twelve months. Such factors include, among others, the inherent uncertainties associated with the development of an early stage company in the firearms and munitions industry, the extensive regulations that apply to our company and our products and the entry into new markets for our products. These forward-looking statements are made as of the date of this news release, and Lamperd Less Lethal assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contacts Lamperd Less Lethal Inc. Jeff Kinsella, Investor Relations, 519-344-4445 info*lamperdlesslethal.com
Posted by J_U_ICE on :
2 PRs
XTMG .0001
December 29, 2006 05:50 PM Eastern Time Xtreme Technologies, Inc. Announces Reverse Stock Split LAS VEGAS--(BUSINESS WIRE)--Xtreme Technologies, Inc. announced that effective May 31, 2006 the Company has amended its Articles of Incorporation with the State of Washington. The amendment was a result of the Board of Directors approving a Five Hundred for One (500 for 1) reverse stock split of the current outstanding shares of common stock. The effect of this five hundred for one reverse stock split will decrease the issued and outstanding common stock of the Company from 92,750,000 to 185,500. The Company is preparing the paperwork for submission to NASDAQ and the Company will announce when the reverse split will be effective.
First American Stock Transfer of Phoenix, Arizona will remain the Company’s stock transfer agent. As part of a mandatory exchange, the transfer agent will exchange the common stock at no charge to the shareholders for a period of six months. All XTMG shareholders may contact First American Stock Transfer at 602-485-1346 to obtain their new certificates.
Forward-Looking Statements:
Certain statements in this announcement regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production such as “may,” “potentially,” “expects,” and similar terms may be regarded as “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management’s current view and plans, however, are subject to numerous known and unknown risks, further testing and analysis, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Xtreme to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. Xtreme undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.
December 29, 2006 06:04 PM Eastern Time Xtreme Technologies Inc. Announces Pending Acquisition LAS VEGAS--(BUSINESS WIRE)--Xtreme Technologies, Inc. (Pink Sheets: XTMG) announces today that it has entered into a binding Letter of Intent to merge the company with Emerald Energy Partners, Inc. (EEPI). EEPI has been formed to execute a planned entry into the Oil and Gas Industry at a time when high product prices have opened development opportunities not previously available. Based upon independent reserve reports, they own approximately 500,000 barrels of proved producing reserves with opportunity for additional acquisitions and development. Its management has experience in both the oil and gas industry and publicly traded companies.
Certain statements in this announcement regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production such as “may,” “potentially,” “expects,” and similar terms may be regarded as “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management’s current view and plans, however, are subject to numerous known and unknown risks, further testing and analysis, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Xtreme to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. Xtreme undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.
Contacts Capital Group Advisors David Van Vort, 954-297-0706
Posted by J_U_ICE on :
GDKI .39
January 02, 2007 06:07 AM Eastern Time Goldmark and Radio Active Pictures on Brink of Closing Deal to Acquire Rights to Classic American Novel and Sign Major Star to Film NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Goldmark Industries, Inc. (Pink Sheets: GDKI), and Radio Active Pictures are pleased to announce that the team is currently in negotiations to acquire rights to a top selling classic American novel. RADPics is also in the process of signing a widely celebrated performer to the film, and will unveil the details upon the deal’s finalization.
Goldmark signed the development / overhead deal with RadioActiveDigital Pictures, an independent film development and production company which possesses physical production gear, its own post-production facility, a wealth of creative content as well as relationships with world class literary and cinematic talents, distribution companies, talent management entities and agencies, in early October and is excited about the projects currently underway. The partnership has already proven to be a successful one.
Goldmark Director, Danny Rodriguez states, “We are looking forward to closing this exciting deal together with RADPics early this year, as it will be the first major acquisition and development deal for our partnership. The novel is a known success and therefore an inevitable hit in the box office. We are very pleased to be involved.”
Goldmark is committed to providing the best in all forms of urban entertainment to the 45 Million Hip-Hop consumers in North America. The average North American spends more on entertainment than they do on health care and clothing, making entertainment the most attractive industry for investors and advertisers alike. Goldmark is preparing to stand at the forefront of the Hip Hop consumer market, specializing in all aspects of entertainment, including Music, Feature Films, Television, Home Video/DVD and Major Events. The strength of Goldmark is the result of its highly reputable and continuously growing management team. The knowledge and experience that each team member brings consistently supports the growing success of each division at Goldmark Industries. In addition, they are associated with some of the world’s leading entertainment companies and top distribution channels worldwide, providing Goldmark with the relationships to continually move forward.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as “will,” “anticipates,” “believes,” “plans,” “goal,” “expects,” “future,” “intends” and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
Contacts Goldmark Industries, Inc. Danny Rodriguez, 866-943-5084 info*goldmarkentertainment.com
Posted by J_U_ICE on :
SBTG .0003
January 02, 2007 09:00 AM Eastern Time SkyBridge Technology Group, Inc. ``SBTG'' Announces Its Subsidiary (Sierra Pacific Aviation, Inc.) is Working with Aviation Insurance Underwriters to Develop Training for a Variety of Aircraft LAS VEGAS--(BUSINESS WIRE)--SkyBridge Technology Group, Inc. (OTC:SBTG) Board of Directors has announced today that its wholly owned subsidiary, Sierra Pacific Aviation Inc., is working with aviation insurance underwriters to develop and administer initial and recurrent training for a variety of aircraft. Most high performance complex aircraft require that pilots receive initial and annual recurrent training before an insurance underwriter will cover them with a policy. Fashioned after proven air carrier training techniques, this advanced aircraft specific training utilizes scenario based lessons combining ground, simulation and in-flight training. “This initiative is the result of Sierra Pacific’s combined efforts, since it integrates our FITS training programs, our Cirrus Standardized Training Center, our prolific use of flight simulation, and the establishment of our 141 Pilot School,” stated Brent Neville, President of Sierra Pacific. “We will be expanding our insurance approved training in 2007. The ultimate goal for Sierra Pacific is to build a Safety System Continuous Learning culture, and this is a big step in that direction,” Neville added. Insurance required training has proven an effective method to improve aviation safety, and keep pilots proficient and is mandated by most underwriters.
States James Wheeler CEO (SBTG), “We continue to be extremely pleased with the progress for Sierra Pacific Aviation in 2006 and feel that getting involved with the insurance companies requiring pilots to take these additional training will increase Sierra’s over all training program, thereby increasing its overall 2007 revenues.”
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SBTG officials are “Forward-Looking Statements”: within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
Contacts SkyBridge Technology Group, Inc., Las Vegas James Wheeler, Chairman & CEO, 702-897-8704 info*sbtginc.com or investor*sbtginc.com http://www.sbtginc.com or Sierra Pacific Aviation http://www.sierrapacificaviation.com Posted by driver4t4 on :
SMMW (.0001)
Summus Works: Company Announces Cancellation of LOI to Acquire Matrix Management, Inc. M2 COMMUNICATIONS - January 2, 2007 3:48 AM (EDT)
-------------------------------------------------------------------------------- Jump to first matched term
Denver, CO., Jan 02, 2007 (M2 PRESSWIRE via COMTEX) -- Summus Works, Inc. (Pink Sheets: SMMW) announced that having exceeded the due diligence and initial negotiations period pertinent to its letter of intent to acquire Matrix Management, Inc., the parties have been unable to satisfy both the immediate goals of Matrix Management and Summus management.
Summus Works, Inc. (Pink Sheets: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
CONTACT: Stuart T. Smith, SmallCapVoice.com Tel: +1 512 267 2430 e-mail: Info*Smallcapvoice.com Dan Burgess, Summus Works, Inc. Tel: +1 888 607 9495 e-mail: summus*summusworks.com
Posted by J_U_ICE on :
NWOG .071
North West Oil Group Hires MCS Global Strategies to Provide Investor Relations Services 1/2/2007
MOSCOW, Jan 02, 2007 (MARKET WIRE via COMTEX News Network) -- North West Oil Group (PINKSHEETS: NWOG) has signed an agreement with MCS Global Strategies to provide investor relations services for the company. Starting January 2nd, 2007, shareholders should send their questions to MCS Global Strategies by email nwgroup*west.de
or by telephone in Germany
MCS Global Strategies, +49 173-620-7468
The phone line is open Monday-Friday, 10 am - 8 pm CET. German telephone rates apply.
The phone line in Moscow will be open on January 10th, 2007, the number will be announced additionally.
MCS Global Strategies was founded in 1998 to provide international financial communications and investor relations and specializes in companies in financial services, oil, metals, retail and other major industry sectors. In 2004 MCS formed a strategic alliance with Capital MS&L in London which is one of the Publicis Group network of companies.
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 NWOG on the U.S. Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA.
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: MCS Global Strategies +49 173-620-7468
SOURCE: North-West Oil Group
Copyright 2007 Market Wire, All rights reserved.
Posted by J_U_ICE on :
3rd XTMG PR January 2, 2007 - 2:15 PM EST
XTMG .0001
Xtreme Technologies, Inc. Announces Implementation of the First Step of Its Business Plan Xtreme Technologies, Inc. (Pink Sheets:XTMG) announces today that is has implemented the first step in its Business Plan in acquiring undervalued proved producing reserves. Management believes that it will be able to find, evaluate and acquire many of these types of properties through management's industry contacts and by cutting cost and streamlining operations turning these properties into high revenue generators. XTMG's first property is the West Thrifty Unit located in the Bend Arch (Permian Basin) near Brownwood in Brown County, Texas. The lease encompasses approximately 1,500 acres with multiple producing zones and multiple oil and gas zones behind pipe that can be developed at a later date. Independent reserve estimates that there is between 1.5 to 3 million barrels of recoverable reserves to the 100% Net Revenue Interest in just one of these formations. XTMG owns a 22.275% WI and 15.75% NRI of the total reserves. That would give XTMG approximately 250,000 to 500,000 barrels of the proved producing reserves in this one formation plus the behind pipe reserves (see http://www.emeraldepi.com/Initial%20Project.htm. For more information please see press release dated December 29, 2006 or visit our website at www.emeraldepi.com.
Forward-Looking Statements
Certain statements in this announcement regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production such as "may," "potentially," "expects," and similar terms may be regarded as "forward-looking statements" within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management's current view and plans, however, are subject to numerous known and unknown risks, further testing and analysis, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Xtreme to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. Xtreme undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.
Capital Group Advisors David Van Vort, 954-297-0706
Source: Business Wire News by QuoteMedia www.quotemedia.com Posted by J_U_ICE on :
ENGM .05
Enigma Software Group, Inc. announces Subscriptions for Week Ending December 31, 2006
PrimeZone "PrimeZone "
STAMFORD, Conn., Jan. 2, 2007 (PRIME NEWSWIRE) -- 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 2,051 new, renewal and third-party subscriptions for the week ending December 31st.
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
Posted by J_U_ICE on :
UCOI .0138
Unico, Inc. Releases January 2007 Investor Newsletter Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today released the inaugural issue of its new monthly investor newsletter, which serves as a review of recent news events relating to the company and its subsidiary mining properties.
A PDF version of the January 2007 newsletter, complete with photographs and other graphics suitable for printing, will be added to the company's website at http://www.unicomining.com./news/newsletters.php. Due to a temporary technical difficulty, the newsletter can only be found in the press release section of the site, http://www.unicomining.com./news/pressreleases.php, but it will be added to the correct area of the website as soon as possible. An email notification of the newsletter's release has been sent to subscribers to the Unico electronic mailing list.
The January 2007 newsletter issue includes articles on the completion process of reconstruction of the company's mill and processing facility at the Deer Trail Mine in Marysvale, Utah, the agreement to expand the work scope for mining consultancy firm Behre Dolbear and Company (USA) at the Deer Trail Mine, an agreement with BNA Consulting for procurement services related to a new electronic substation to provide power to the Deer Trail property, and initial mapping and survey work at the Clyde and Crown Point mining claims.
"Each of the events included in this first newsletter are important elements in the larger strategy to establish value at our subsidiary mining properties," said Mr. Lopez. "We expect that future editions will contain similarly significant events. Our shareholders should find this monthly publication informative, and we hope that they will participate in the Investor Q & A feature announced in the January edition."
The Investor Q & A feature provides an opportunity for newsletter readers to submit questions by email or telephone and one or two selected questions will be answered in each future edition of the newsletter. By providing this forum, Unico management hopes to address inquiries that are of interest to a broad segment of the company's shareholder community. Questions can be submitted by email to investors*unicomining.com or by telephone to 951-587-8072. The first Investor Q & A feature will appear in the February 2007 newsletter.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, monthly newsletters, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange 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 operation results to vary significantly from those in 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.
Source: Market Wire (January 2, 2007 - 9:07 AM EST)
US Wireless Online Sells 50.1 Percent Ownership Stake to Sutioc Enterprises 1/2/2007
Operational Management and Support Services to be Provided by IElement Corporation
LOUISVILLE, Ky., Jan 2, 2007 (*********wire via COMTEX News Network) -- US Wireless Online (Pink Sheets:UWRL), one of the nation's largest wireless broadband network operators, announced today that it has completed the sale of a 50.1% ownership stake to Sutioc Enterprises, Inc.
In conjunction with the transaction, which closed on December 27, 2006, Sutioc has entered into an agreement with IElement Corporation, Inc. (OTCBB:IELM) (Frankfurt:SZQ1) or (Frankfurt:IELM) whereby IElement will provide certain management and support services to US Wireless. As part of the agreement, IElement will provide out sourced customer service, technical support, network management, accounting, billing and collection services as well as act as an advisor to US Wireless' current management team. IElement is a nationwide provider of advanced communication services and Voice over Internet Protocol (VoIP) solutions with a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas and Chicago.
At the time of the sale, Sutioc and US Wireless were able to retire over $3.5 million in US Wireless' debt.
US Wireless also expects to quickly benefit from efficiencies resulting from the transactions including the ability to streamline its operations and reduce administrative and operational costs. In addition, US Wireless will soon be able to offer its current and new customers a complete suite of voice and data products and services through IElement's product offering.
"The combination of US Wireless' organization and network facilities with IElement's management experience, infrastructure, broad product range and service capability should significantly improve the Company's competitive position," commented Rick E. Hughes, CEO of US Wireless Online, Inc. "We look forward to working with Sutioc and IElement. We anticipate leveraging their strengths and resources to resume the growth and expansion of our business in the near future."
Additional announcements relating to the transaction, new product launches, Wi-Fi Pittsburgh and other evolving developments are expected in the near future.
About IElement Corporation:
IElement, based in Dallas, Texas, is a facilities-based nationwide communications service provider that offers state-of-the-art telecommunications services to small and medium sized businesses ("SMBs"). IElement provides broadband data, voice and wireless services by offering integrated T-1 lines as well as a Layer 2 Private Network and VOIP solutions. These solutions provide SMBs with dedicated internet access, customizable business solutions for voice, data, wireless, internet, and secure communications channels between the SMB offices, partners, vendors, customers and employees without the use of a firewall or encryption device. IElement has a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas and Chicago. For more information on IElement, please visit www.ielement.com.
About US Wireless Online:
US Wireless Online owns and operates one of the nation's largest wireless Internet broadband networks with significant coverage areas in Alabama, Florida, Indiana, Kentucky, Mississippi and Pennsylvania. The Company provides commercial wireless Internet access and related applications and services in the rapidly growing wireless broadband industry. US Wireless Online is headquartered in Louisville, Kentucky. For more information on US Wireless Online, Inc. please visit www.uswo.net.
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; and (7) other factors over which we have little or no control.
US Wireless Online, Inc. Rick Hughes, CEO (502) 213-3717 ir*uswo.net
(C) Copyright 2006 *********wire, Inc. All rights reserved
Posted by J_U_ICE on :
RLGT .55
Radiant Announces Further Expansion of Airgroup Network With New Operations in Portland, Oregon 1/2/2007
Planned Organic Growth on Track With Additional Stations Expected
BELLEVUE, Wash., Jan 2, 2007 (*********wire via COMTEX News Network) -- Radiant Logistics, Inc. (OTCBB:RLGT), a domestic and international logistics services company, today announced its wholly owned subsidiary Airgroup Corporation ("Airgroup") made further gains in the growth of its North American operations, opening new offices in Portland, Oregon. Airgroup-PDX will operate as a new exclusive agent location and leverage the Company's robust technology platform and global network to provide domestic and international freight forwarding and logistics services throughout the Pacific Northwest.
Julie and Bob Hansen will lead Airgroup-PDX and leverage their over 50 years of combined experience in servicing their diversified base of domestic and international customers. "This is a great way to start the New Year," said Mr. Hansen. "Ocean freight, airfreight and domestic transportation have been our sole business interest for years. The entire Portland team has fostered long term relationships with our customers, vendors, and associates through years of dedicated service. Our customers have always been our priority, whether they were local, within the United States or abroad. We were looking for a strategic partner with the vision and resources to help us meet our own goals for growth. With Radiant, we believe we have found a unique opportunity to leverage our own strengths along with the capabilities of the Airgroup network to bring additional value to our customers while enjoying the benefits of participating in an organization that, through its status as a public company, gives us the ability to become shareholders and share in the value that we help create."
Radiant's Chairman and CEO, Bohn Crain, remarked, "We are very excited to have Julie and Bob Hansen join our team. I am confident that they will have an immediate and positive impact to our organization which continues to grow in strength and size. As part of this move, we will also continue to enjoy the services of Edward Jones and the staff of the former Airgroup-PDX operation who have transitioned to Airgroup-EUG (Eugene, Oregon) and will continue to provide operational support and synergies for the region."
Crain continued: "Our value proposition continues to gain momentum in the marketplace as we believe we are uniquely positioned and responsive to the needs of the entrepreneurial logistics professionals looking for a better way forward. We continue to aggressively purse an organic growth strategy to attract additional exclusive agent operations across North America and we are in various stages of dialogue/due diligence with a select number of candidates. Based on our assessment of the opportunities at hand, we remain highly confident in our previously provided revenue targets for calendar year 2007 in the range of $65-$70 million, or an increase of 30-40%. We have a solid foundation in place with the people, process and technology to effectively manage the accelerated growth that we anticipate over the course of 2007. It's going to be an exciting year for everyone involved."
About Airgroup Corporation
Airgroup Corporation (www.airgroup.com) is a wholly-owned subsidiary of Radiant Logistics, Inc. Airgroup, founded in 1987, provides the platform for Radiant's freight forwarding and logistics operations and services a diversified account base including manufacturers, distributors and retailers through its extensive network of exclusive agent offices across North America. To learn more about how to join the Airgroup network please call contact Bill Moultrie at (425) 462-1094 x514.
About Radiant Logistics (OTCBB:RLGT)
Radiant Logistics (www.radiant-logistics.com) is executing a strategy to build a global transportation and supply chain management company through organic growth and the strategic acquisition of regional best-of-breed non-asset based transportation and logistics providers to offer its customers domestic and international freight forwarding and an expanding array of value added supply chain management services, including order fulfillment, inventory management and warehousing. For more information about Radiant Logistics, please contact Bohn Crain at (425) 943-4599.
This press release includes 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, regarding future operating performance, events, trends and plans. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. While it is impossible to identify all of the factors that may cause our actual operating performance, events, trends or plans to differ materially from those set forth in such forward looking statements, we have identified certain of the more salient risk factors in our filings with Securities and Exchange Commission and other public documents and press releases which can be found on our web-site (www.radiant-logistics.com). Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statement to reflect events or circumstances occurring after the date hereof.
Radiant Logistics, Inc. Bohn H. Crain, Chief Executive Officer (425) 943-4599
(C) Copyright 2006 *********wire, Inc. All rights reserved.
Posted by Average Joe on :
TYRIA ( .0055 )
Trey Resources Announces New Monthly Sales Record
Wednesday, January 03, 2007 08:55ET
LIVINGSTON, N.J., Jan. 3 /PRNewswire-FirstCall/ -- Trey Resources, Inc. (OTC Bulletin Board: TYRIA) announced today that its wholly owned subsidiary, SWK Technologies, the premier total solutions provider specializing in business software for manufacturers and distributors, has just completed the best sales month in the Company's history.
November sales, on a preliminary basis, exceeded $826,000. This is the fourth time in 9 months that the company has established a new record for monthly sales.
Final details will be available in the Company's Form 10-K, which will be filed with the Securities and Exchange Commission on or before March 30, 2007.
Jeffrey D. Roth, CEO of SWK Technologies, commented, "Sales continue at a record pace. We previously announced a new monthly sales record of $704,000 in September 2006. In May 2006, we announced a new monthly sales record of $620,000. This broke the previous record of $560,000, which had been established only two months earlier in March 2006. These records have now been shattered by our stellar performance in November of $826,000 in sales."
Roth continued, "The additional capital invested in SWK Technologies by our parent, Trey Resources, is having a significant positive effect on our sales and marketing efforts, and is allowing us to compete for ever larger deals. Our sales organization continues to successfully penetrate the small and medium sized business markets in an aggressive fashion. Our sales pipeline is exceptionally strong. We are closing on deals both large and small. We expect to be in a position of announcing additional substantial transactions in the near future."
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit http://www.treyresources.com,http://www.swktech.com,http://www.mapadoc.com,http://www.amp-best.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller*swktech.com. Trey Resources was a recent spin-off of iVoice, Inc. (OTC Bulletin Board: IVOI).
This news release includes 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, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
Mark Meller CEO of Trey Resources 973-758-9555 mark.meller*swktech.com
Posted by J_U_ICE on :
AXGJ .006
Axia Group, Inc. Is Awarded Contract to Construct Five Buildings for Department of Archaeology in Sri Lanka
SAN DIEGO, Jan. 3 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC: AXGJ) announced today that it has been awarded a Letter of Acceptance for a building complex in Sri Lanka for the Department of Archaeology. The project will consist of one single story building and four two story buildings. The accepted bid was for 15,878,004 Rupees or approximately $160,000 USD. Stated Jeffrey Flannery, CEO of Axia, "This new contract is further recognition that our panel based technology is gaining wider acceptance in Sri Lanka. This new contract came after evaluation of our prior REEL (Real Estate Exchange Ltd.) project which has been met with both acceptance and praise. I believe we will be looking forward to many similar projects staring up in 2007." 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. SOURCE Axia Group, Inc.
Janet Whitehead of Axia Group, Inc., +1-619-466-4701 03Jan07 14:00 GMT Symbols: us;AXGJ us;AXGJ Source PRN PR Newswire
Posted by J_U_ICE on :
PTSH .0054
PTS, Inc. Reports 466% Improvement in 2006 Revenue over 2005 Business Wire - January 3, 2007 9:00 AM (EDT)
LAS VEGAS, Jan 03, 2007 (BUSINESS WIRE) -- PTS, Inc. (OTCBB:PTSH) has reported 2006 year-end unaudited revenue results as follows. Revenues for the year ending December 31, 2006, were $739,279. Compared with audited results of the same period in 2005, this represents a year-over-year improvement in PTS, Inc. revenues of $608,621 or 466%.
The increase is entirely attributable to revenue growth in Disability Access Consultants, Inc., a subsidiary of PTS, Inc. Revenue growth was attributable to the growing demand for Americans with Disabilities Act (ADA) compliance inspections. Based on existing commitments, the company expects to see further significant revenue growth through Disabilities Access Consultants, Inc. (DAC) activities in 2007.
Disabilities Access Consultants, Inc. was previously announced to be merged with Disability Access Corp. (Pink Sheets:DBYC), which is also a subsidiary of PTS, Inc., to be effective on January 2, 2007. On further consideration, the Board has reconsidered the structure and has decided, for various business optimization purposes, to instead of merging DAC with DBYC, to reconfigure the structure and have DAC become a wholly owned subsidiary of DBYC. The company will enjoy certain benefits from this restructure and avoid unnecessary expenditures for certain legal, accounting and other professional costs associated with a merger, while fulfilling the intent of the business enterprise to have its own trading symbol.
PTS, Inc. has previously announced a 1:3 dividend in DBYC shares to PTS, Inc.'s shareholders of record as of December 15, 2006. PTS, Inc. expects to distribute the aforementioned dividend by January 31, 2007.
About PTS, Inc.
PTS, Inc.'s subsidiary, Glove Box Inc. (www.ptspi.com), owns the rights to the patented, revolutionary Glove Box(TM), the only product that offers contamination reduction through automated glove dispensing. The Glove Box(TM) system is a free-standing dispenser of disposable latex gloves, which is being marketed by PTS in the United States and Asia.
About Disability Access Corporation
Disability Access Corporation (Pink Sheets:DBYC) conducts facility inspections, policy reviews and program analyses in addition to a comprehensive continuum of other compliance services. More than 54 million people in the United States have a disability, a number equal to 20% of the population. The Americans with Disabilities Act of 1990 requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities. It's estimated that there are more than seven million sites at risk across the United States. Please visit: www.adaconsultants.com.
Safe Harbor Statement:
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results.
SOURCE: PTS, Inc.
PTS, Inc. Peter Chin, 702-327-7266 E-mail: psc3388*yahoo.com
Copyright Business Wire 2007
Posted by J_U_ICE on :
RRGI .10
Reality Racing, Inc. Selects TV Contestants and Readies for Filming to Begin the end of January
BOCA RATON, Fla., Jan. 3 /PRNewswire/ -- Reality Racing, Inc. (Trading OTC Pink Sheets: RRGI) announced today that the contestants to appear on Reality Racing -- The Rookie Challenge have been selected and notified following the final round of the contestant search held December 28 and 29, 2006 at Madeira High School, in Cincinnati, Ohio. Racing legends, Bobby Allison and Glenn Allen, Jr., participated on the judging panel to ensure that contestants appearing on the reality show have the necessary drive and passion to race professionally, should they win the series. The lucky few selected received a congratulatory phone call from Reality Racing, Inc., President Lee F. Schaefer on New Years Day. Reality Racing -- The Rookie Challenge, a high octane reality TV show, will pit 16 amateur male and female drivers as they compete to turn their stockcar racing dreams into a reality. The new show will premiere on Spike TV on May 19, 2007 and run through August 18, 2007. Each 60-minute episode of the series will begin on Saturday mornings at 9:00 A.M. Eastern Time and will be telecast in the United States, its territories and possessions, including Puerto Rico and Canada. Filming will begin at the end of January and the ultimate winner of the thirteen episode series will take away a grand prize package worth an estimated $750,000 that includes, but is not limited to, a contract with a professional racing team, a sizable cash purse, national exposure and a gold championship ring. More than 15,000 hopefuls applied to appear on the first season of Reality Racing -- The Rookie Challenge. Of those, only 200 received invitations to appear before the judging panel. Reality Racing, Inc. President, Lee F. Schaefer said, "We know this is the opportunity of a lifetime for many racing fans who dream of driving professionally. These hopefuls traveled from all over the country to try to follow in the footsteps of their racing idols. We were all very pleased with the level of enthusiasm displayed by the audition hopefuls and have selected the very best to participate in the first season of Reality Racing -- The Rookie Challenge." Due to the accelerated shooting schedule, Skip Fredricks has stepped down as a member of the Reality Racing, Inc. Board of Directors to follow other career opportunities. For more information, visit the company webpage at: http://www.realityracingtv.com For marketing and company information, contact: Kathy Itchkow, Director of Marketing and Promotions Reality Racing, Inc. 561-391-1064 Email: kathy*realityracingtv.com
SOURCE Reality Racing, Inc.
Posted by J_U_ICE on :
RXPC .038
Rx Processing Corp. Announces $1 Million Material Contract Signed with AINA Investments LLC Business Wire - January 3, 2007 9:10 AM (EDT)
WILMINGTON, Del., Jan 03, 2007 (BUSINESS WIRE) -- Rx Processing Corporation (OTC:RXPC) announces a contractual agreement with AINA Investments LLC for exclusive sales rights to license RXPC's prescription medication and laboratory diagnostic network in Florida. This action fortifies the companies' position of mutual support to the citizens of Florida through a substantive investment in Rx Processing Corp. and the state. Selling state affiliate territories in conjunction with AINA Investments LLC allows us to further our deployment of an innovative health care network. We acknowledge the increase in independent distribution channels and their contribution to our sustained profitability, diversity, separation, and mutual support.
AINA Investments gains sole and exclusive rights to license affiliate territory companies within the state of Florida. Our defined terms state a minimum license fee of $20,000, affiliates receiving a 15% commission on gross sales and a required minimum yearly sales volume of $250,000 each.
President Paul Lum, of AINA Investments LLC, stated, "This contract is a strong step forward towards providing affordable health care to all Florida residents. The lines are clear, our efforts focused; pursue responsible health care, a goal shared in common! 'AINA Investments LLC' and 'Rx Processing Corporation.'"
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.
Safe Harbor Statement:
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
Copyright Business Wire 2007
Posted by J_U_ICE on :
LLEG .005
Laidlaw Energy New York Biomass Project Planning To Monetize Federal Renewable Energy Tax Credits Business Wire - January 3, 2007 9:15 AM (EDT)
NEW YORK, Jan 03, 2007 (BUSINESS WIRE) -- Laidlaw Energy Group, Inc. (OTC: LLEG) announced today that it is planning the sale of the Federal Renewable Energy Production Tax Credits ("PTCs") to be generated by its New York biomass energy project. Laidlaw Energy has received expressions of interest from several major financial institutions seeking to enter into a transaction for the purchase of the PTCs.
The PTCs are currently equal to $.01 per kilowatt hour for renewable energy generated from open loop biomass facilities such as Laidlaw Energy's New York facility, with the amount of the credit adjusted annually for inflation. Congress recently extended the date by which qualifying renewable energy facilities must be placed in service in order to qualify for the PTC to December 31, 2008. Laidlaw Energy's New York facility is expected to commence operations in 2007 and to generate approximately 50 million kilowatt hours per annum. PTCs are generated during the first ten years of operations, putting the total projected value of the PTCs for the New York facility at $5,000,000.
Laidlaw Energy recently received qualification for its New York facility from the Massachusetts Division of Energy Resources, qualifying the facility as eligible to sell Renewable Energy Credits ("RECs") in Massachusetts. The facility is also expected to qualify to sell RECs in New York. The anticipated sale of the PTCs is expected to create an additional source of revenue for the facility, in addition to energy and REC sales, as well as revenue from hardwood lumber drying.
Laidlaw Energy's New York project involves the conversion of a natural gas fired power plant to utilize 100% clean wood biomass chips as its fuel source. It is the only power plant in the Buffalo, New York area that is specifically designed to utilize wood biomass fuel. The project will create numerous economic benefits for the area and help improve air quality in the region by eliminating the production of greenhouse gas emissions known to effect climate change.
About Laidlaw Energy Group - Cleaner Energy For a Greener Future
Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through the development of new facilities and acquisition of existing facilities. LLEG is headquartered in New York, New York. For more information on LLEG, please visit our websites at www.NYENRG.com and www.greenenergyfacts.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, transactions, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and LLEG cannot provide assurance that such statements will prove to be correct. LLEG undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE: Laidlaw Energy Group, Inc.
Laidlaw Energy Group, Inc. Michael B. Bartoszek, 212-480-9884 info*LaidlawEnergy.com
Copyright Business Wire 2007
Posted by J_U_ICE on :
WTVI .0085
Wi-Fi TV's Caps 2006 With All Time One-Day Traffic High as Social Internet TV(TM) Gains Exposure
Wednesday, January 03 2007 9:15 AM, EST
ORANGE COUNTY, CA -- (MARKET WIRE) -- 01/03/07 -- Wi-Fi TV(TM) Inc. (PINKSHEETS: WTVI) announced it ended 2006 with the highest single-day web traffic ranking in its history based on traffic rankings of the independent Alexa® web traffic ranking service. On December 30, 2006 , www.Wi-FiTV.com ranked #62,785, indicative of the kind of rise in exposure Wi-Fi TV Inc. has achieved over the past few months. Wi-Fi TV achieved a one-week average of 72,288 and a three-month average of 141,163. According to Alexa, over the past three months, Wi-Fi TV Inc. has achieved an upward change of 157,543, a 119% increase in reach per million users and a 59% increase in page views per user. "We believe that Wi-Fi TV's potential revenue from online video advertisements and Wi-Fi TV Station sales will be positively impacted by the increase in our traffic. A top priority for Wi-Fi TV in 2007 will be to continue increasing our viewership," said Chairman Alex Kanakaris. It was in November 2006 that Wi-Fi TV's daily traffic rank broke through to the top 100,000 most visited web sites in the world for the first time, a dramatic spike from recent one-week average and three-month average figures that placed Wi-Fi TV above the 200,000 ranking mark. In addition, the independent NeoTracker reports this week that visitors from 193 countries, another new high for Wi-Fi TV, have visited www.Wi-FiTV.com. How Are Traffic Trend Graphs Calculated? "The Trend graph shows you a three-day moving average of the site's daily traffic rank, charted over time. The daily traffic rank reflects the traffic to the site based on data for a single day. In contrast, the main traffic rank shown in the Alexa Toolbar and elsewhere in the service is calculated from three months of aggregate traffic data. "Daily traffic rankings will sometimes benefit sites with sporadically high traffic, while the three-month traffic ranking benefits sites with consistent traffic over time. Since we feel that consistent traffic is a better indication of a site's value, we've chosen to use the three-month traffic rank to represent the site's overall popularity. We use the daily traffic rank in the Trend graphs because it allows you to see short-term fluctuations in traffic much more clearly," according to information on the Alexa web site. For full information on the independent Alexa ranking service, go to www.Alexa.com. Wi-Fi TV Inc. has paid no fees to Alexa.com and the web site is considered a world-leading independent evaluator of web traffic. About Wi-Fi TV Inc. Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Ownership of Wi-Fi TV Channels is for sale at $25,000 (full details are on the web site www.Wi-FiTV.com). The Wi-Fi TV Channel Sales **** is at http://www.wi-fitvchannelsales.********.com Wi-Fi TV memberships are free at www.Wi-FiTV.com The Company was launched in 1995 and has been publicly traded since November 1997 , and has been a pioneer in the delivery of video and books over the Internet. Press Relations Wi-Fi TV Inc. has opened a new content and technology demo room for the press in Newport Beach, California . For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com. Forward-Looking Statements Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation. Contact:
Colby Marceau (949) 716-9397 Email Contact
Posted by J_U_ICE on :
ETIM .0012
- Eternal Image to Host Web Q&A with CFO Jim Parliament on January 12 Jan 3, 2007 9:00:00 AM Copyright Business Wire 2007 FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed image caskets and urns, will host a live, Internet-based question-and-answer session on Friday, January 12. The event will be hosted by Jim Parliament, the company's chief financial officer.
"Many people use the first month of the year to review their portfolios and seek out information about investments, so it is an excellent time for shareholders to meet our new CFO and get answers to questions they may have about the company," said Clint Mytych, president, Eternal Image.
The moderated Q&A will be held from 10:00 to 11:00 a.m. Shareholders and other interested parties will be able submit questions online which Parliament will answer.
To register for the chat, visit www.EternalImage.net beginning Wednesday, January 10. Instructions for registration and submitting questions will be posted on the home page.
For more information about EI, visit the website (www.EternalImage.net) or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
---------------------------------------------- Eternal Image Inc. Investor Relations: Tony Fazio Cambridge Investor Relations; 718/214-9038 cambridgeir*comcast.net or Media Relations: Robbie Tarpley Raffish a.s.a.p.r. 410/883-2000 robbie*asapr.com
Posted by J_U_ICE on :
SKZW .065
SkinzWraps Hired to Create and Install Custom Wallpaper for Starplex Cinemas
DALLAS, TX -- (MARKET WIRE) -- January 03, 2007 -- SkinzWraps, Inc. (PINKSHEETS: SKZW), a full-service vehicle wrap company, announced today that it has been commissioned by Starplex Cinemas to design and install custom digital wallpaper murals and large custom prints for the theater lobbies in multiple locations. Starplex Cinemas operates 35 theaters and 205 screens across the United States with two new locations currently scheduled to open in 2007. "Working with a cinema group such as Starplex Cinemas is an amazing opportunity for SkinzWraps to showcase its high-impact Custom Digital Wallpaper," says Peter C. Salaverry, Chairman and CEO of SkinzWraps, Inc. He adds, "Watching a movie in the theater has a lot to do with a total sensory experience the theater provides the moviegoer; our work is designed specifically to enhance that experience."
About SkinzWraps, Inc.
SkinzWraps, headquartered in Dallas with locations in Los Angeles, Miami, New York and North Carolina, is one of the nation's leading full-service vehicle wrap companies. SkinzWraps pioneered the concept of "wrapping" vehicles and continues to push this type of outdoor marketing to a new level. Its clients include: Sony Records, American IronHorse, Pepsi America, WingStop, Coors Light, United States Marine Corps, Hooters, Scion of Dallas, Clear Channel Communications, Universal Records, Auto Trader, The Luxor Hotel, CBS Radio, CompUSA and Earth Biofuels. For more information, visit the company's website at http://www.skinzwraps.com.
About SkinzWraps' Custom Wallpaper:
Custom Wallpaper has gone digital with exceptional resolution, incredible designs and limitless formats and sizes. This application is ideal for homes, offices and corporate suites -- places where the consumer's creative demands typically exceed the limits of traditional wallpaper. SkinzWraps can design and print wallpaper for anything their clients want, from custom interior wall murals to large scale museum exhibit display backgrounds, and install it with 100% precision. Interior designers can now take advantage of this technology and trust that SkinzWraps, with our understanding of the large format design, printing and installation, can meet all of their goals.
About Starplex Cinemas:
Starplex Cinemas currently operates 35 theaters and 205 screens across the United States. Two new locations are currently scheduled to open in 2007.
This press release may contain "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Medical Media Television's Veterinary Division Releases New Take-Home Instructional DVD Focused on Senior Pets Business Wire - January 3, 2007 8:30 AM (EDT)
TAMPA, Fla., Jan 03, 2007 (BUSINESS WIRE) -- Medical Media Television, Inc. ("Medical Media") (OTCBB:MMTV) announced that PetCARE Television Network, Inc. ("PetCARE TV"), one of its captive audience networks, will soon release Your Senior Pet, a new take-home instructional DVD. Pre-release orders will be taken at the North American Veterinary Conference (NAVC) to be held in Orlando, Florida on January 13-17, 2007 with delivery of those orders anticipated by March 1, 2007.
Following the success of its original take-home DVD Welcome Home Your New Friend which premiered in January 2005, PetCARE TV is now offering a second educational DVD designed to be purchased by veterinarians as a give-away to their pet owning clients. Your Senior Pet is hosted by Dr. Bernadine Cruz and showcases 13 segments specific to aging pets including Cancer, Vision Changes, Yearly Exams, Arthritis & Joint Problems, and When to Say Goodbye. The programming was developed to help dog and cat owners better understand and cope with the changing needs of their pets during their senior years and emphasizes more frequent visits to their veterinarian to help monitor and detect problems at an early stage.
Offered in conjunction with Your Senior Pet, PetCARE TV has redesigned and renamed its original take-home DVD as Your New Pet. This 60-minute, menu-driven DVD features 30 minutes on dogs and 30 minutes on cats, and is designed as an educational tool for veterinarians to give to clients on the first visit when clients bring in their new puppy or kitten. Hosted by Dr. Jeff Werber, this how-to instructional program starts by explaining proper house and crate training, early behavior problems, and the necessity of completing the entire series of initial vaccinations. Information on proper nutrition, dental and general healthcare, pet identification, and the importance of spaying and neutering are also discussed. This DVD explains in simple terms what is expected during the critical first few weeks of pet parenting.
Philip Cohen, CEO of Medical Media Television, stated, "Last year our first take-home DVD proved to many veterinarians the importance of continuing the education process for their clients at-home. We believe that our new senior pet DVD will be just as widely received."
Bernie Kouma, PetCARE TV's President, stated, "Your New Pet and Your Senior Pet are sold in packs of 50 beginning at $2.50 per DVD for 1 pack. We discount multiple-pack purchases to a low of $1.50 per DVD and allow veterinarians to mix the DVDs to achieve a quantity discount. These products are a great complement to our educational DVD magazines currently being viewed in veterinary waiting rooms."
Medical Media Television currently has three subsidiary networks: PetCARE Television Network, Inc. ("PetCARE TV"), African American Medical Network, Inc. ("African American Medical Network"), and KidCARE Medical Television Network, Inc. ("KidCARE TV"). PetCARE TV's veterinary programming is currently aired in practices across the U.S., Canada, Puerto Rico, and Australia and is viewed by over 6 million pet owners each month. African American Medical Network's patient education programming is viewed in hundreds of medical practices, hospitals, and clinics throughout the United States where the audience is comprised primarily of African Americans. KidCARE TV's pediatric network will be targeted to the audience of approximately 16,000,000 parents of patients of more than 45,000 pediatricians.
The corporate office of Medical Media Television and its three networks is located at 8406 Benjamin Road, Suite C, Tampa, Florida 33634. Questions regarding this release may be directed to Teresa J. Bray, Vice President, at 813-888-7330.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of Medical Media Television, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.
SOURCE: Medical Media Television, Inc.
Medical Media Television, Inc., Tampa Teresa J. Bray, VP, 813-888-7330
Copyright Business Wire 2007
Posted by J_U_ICE on :
DCBI .033
DC Brands International Projects Turn Left in the Sales Lead by Spring Market Wire - January 3, 2007 7:05 AM (EDT)
DENVER, CO, Jan 03, 2007 (MARKET WIRE via COMTEX) -- At the close of business Monday, DC Brands International (PINKSHEETS: DCBI) announced they have sold some $48,000+ in their new product in the three short weeks prior to the Christmas/New Year's break. The company's president, Richard Pearce, said, "No doubt the distributors understand the positioning, packaging and price point advantages we have to offer with our new Turn Left product. We had some 70+ kits delivered to major retailers and key distributors across the country just before the holidays; nine of which we spoke with before the break that either bought already or have initial orders pending. Admittedly, it is a real tough time of year to introduce anything new. We are competing with the holidays and all of our competitors' Q4 sales programs plus the cold weather has a direct effect on street sales. Yet, through it all, with no form of marketing support yet, this product is already getting traction and we fully expect to be able to announce some much larger sales and major retailer agreements shortly. Right now, we wholeheartedly believe that within 60-90 days it will become our number one seller eclipsing our original Dickens Cider and our Dickens bag-in-the-box sales."
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.
Primary Contact: Keith Howard 303-279-3800
SOURCE: DC Brands International, Inc.
Copyright 2007 Market Wire, All rights reserved.
Posted by J_U_ICE on :
CKYS .021
CyberKey Solutions, Inc. Concludes Breakout Year and Prepares to Launch 2007 With the International Consumer Electronics Show in Las Vegas Market Wire "US Press Releases " ST. GEORGE, UT -- (MARKET WIRE) -- 01/03/07 -- CyberKey Solutions, Inc. (PINKSHEETS: CKYS) is pleased to announce that they have achieved numerous milestones in what many consider a breakthrough year for the Company. Over the past year, CyberKey Solutions has reported record earnings, advertised their products through national publications and television commercials, raised product awareness in Europe , and has continued to generate revenues from online sales. CyberKey Solutions realized significant financial gains in the first two quarters of 2006, when they announced that the Company reported a total Net Income of $12,152,060 . This was followed by CyberKey Solutions' receipt of a supplemental order of biometric CyberKeys from the U.S. Government. The Company also signed a two-year manufacturing and distribution agreement with Sequiam Biometrics that allows CyberKey to market and sell Sequiam's biometric solutions. Over the past year, CyberKey Solutions has attended several trade shows throughout the country and advertised in national publications, such as the Official NASCAR 2007 Preview & Press Guide. The Company also announced that it started marketing its products to partners and customers in the European market in September. The Company expects to continue establishing partnerships with major European cellular and automobile manufacturers, such as Nokia, Sony Ericsson, and Volvo, among others. "This past year has been incredible for us and our shareholders. We have continued to expand our presence in the secure USB drive market and have also increased our staff to meet the increased demands for our products. We'll be kicking off 2007 by attending the International CES in Las Vegas and we look forward to another fantastic year of growth for CyberKey Solutions," stated Jim Plant, CEO of CyberKey Solutions, Inc. CyberKey Solutions, Inc. recently announced that the Company will participate as an exhibitor at the 2007 International CES January 8-11 , in Las Vegas, Nevada . International CES organizers anticipate up to 150,000 visitors to the four-day event, which is held at multiple sites. Approximately 2,500 exhibitors will participate, presenting the latest innovations in consumer electronics. For more information, please visit CyberKey Solutions at booth #70051 or visit their corporate website at www.cyberkeysolutions.com. Posted by Squire38 on :
CIRT 0.0175
CirTran Corporation (OTC BB: CIRT), an international full-service contract manufacturer, marketer and distributor of IT, consumer and consumer electronics products, today announced that Diverse Media Group, a wholly owned subsidiary of CirTran and a Direct Entertainment(TM) firm specializing in multi-channel product marketing and distribution, has signed an agreement with Discus Dental, the world's largest direct dental manufacturer, wherein DMG will market Discus Dental's popular BreathRx product to major retailers nationwide, including Wal-Mart stores. The agreement, signed October 1, 2006, will continue until canceled by either party, and under terms of the agreement, DMG is entitled to a commission of 3% on all BreathRx sales arranged by DMG.
Discus Dental is a specialist in aesthetic dentistry, including products for whitening and restoration and other pharmaceuticals. Discus Dental has more than 50% market share of professional whitening and recently acquired the Brite Smile line of products. Discus Dental serves more than 100,000 dentists worldwide, with annual sales exceeding $150MM. The product is endorsed by 96,000 dental hygienists nationwide and the spokesman for the product is Dr. Bill Dorfman. The clinically proven three-step BreathRx system is a therapy, not a cover-up, with the active ingredient, Zytex(R), which continues to work for hours after using the system, breaking the bad breath cycle. The product is currently available in more than 20,000 retail locations, and under this agreement, the world's largest retailer will be targeted for mass distribution.
Iehab J. Hawatmeh, CirTran's chief executive officer, commented, "Consumer reaction to the innovative BreathRx product, both from national television advertising and national print ads, has been exceptional, and we look forward to introducing this product to the world's largest and most successful retailers. We are confident in our ability to leverage our relationships with national retailers, and our expertise with direct marketing to consumers, to drive additional sales for the BreathRx product line. While we agreed to a lower than normal commission rate on this product compared to other agreements, we believe the higher sales volume and the long-term agreement provide DMG with significant revenue potential based on our anticipated success."
Posted by J_U_ICE on :
SLJB .011
Sulja Bros. Building Supplies Ltd. Announces OSC Hearing Market Wire - January 3, 2007 9:32 AM (EDT)
WINDSOR, ON, Jan 03, 2007 (MARKET WIRE via COMTEX) -- A Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) spokesperson today stated, "We have recently received a temporary Cease trade Order from the Ontario Securities Commission (OSC) office. This order only affects the trading of SLJB shares in Ontario. A hearing has been set for the 8th of January 2007 to decide whether the order will be extended. This is an unfortunate occurrence and we at SLJB want to assure our shareholders that we will cooperate fully with the commission to clear up any misunderstandings or oversights and bring this to a quick and favourable close. We feel strongly that our shareholders both in Ontario and elsewhere be entitled to clarity and transparency on this matter and we will be reporting to them after the hearing on the eighth."
CEO Steve Sulja stated, "We remain committed to the goals that we have set for the company and continue to work tirelessly during this time. It is important that everyone know that we at SLJB believe strongly in the company and what we are trying to achieve."
This may contain forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company makes every effort to update the marketplace relative to SLJB and similar companies in order to keep shareholders apprised of changes and/or new developments in the marketplace. Although the company makes every effort heretofore mentioned, the company cannot be responsible for omitting or failing to cover all aspects of an investor's reliance upon forward-looking statements. We also earnestly suggest that all potential investors contact a qualified investment consultant in the securities industry in order to aid them in making a sound investment decision.
SOURCE: Sulja Bros. Building Supplies Ltd.
Copyright 2007 Market Wire, All rights reserved.
Posted by J_U_ICE on :
CIRT .0195
CirTran to Market BreathRx Product to Wal-Mart Stores Wednesday January 3, 9:35 am ET Company Signs Marketing Agreement; To Earn Ongoing Commission on Sales to Wal-Mart Stores
SALT LAKE CITY--(BUSINESS WIRE)--CirTran Corporation (OTC BB: CIRT - News), an international full-service contract manufacturer, marketer and distributor of IT, consumer and consumer electronics products, today announced that Diverse Media Group, a wholly owned subsidiary of CirTran and a Direct Entertainment(TM) firm specializing in multi-channel product marketing and distribution, has signed an agreement with Discus Dental, the world's largest direct dental manufacturer, wherein DMG will market Discus Dental's popular BreathRx product to major retailers nationwide, including Wal-Mart stores. The agreement, signed October 1, 2006, will continue until canceled by either party, and under terms of the agreement, DMG is entitled to a commission of 3% on all BreathRx sales arranged by DMG.
ADVERTISEMENT Discus Dental is a specialist in aesthetic dentistry, including products for whitening and restoration and other pharmaceuticals. Discus Dental has more than 50% market share of professional whitening and recently acquired the Brite Smile line of products. Discus Dental serves more than 100,000 dentists worldwide, with annual sales exceeding $150MM. The product is endorsed by 96,000 dental hygienists nationwide and the spokesman for the product is Dr. Bill Dorfman. The clinically proven three-step BreathRx system is a therapy, not a cover-up, with the active ingredient, Zytex®, which continues to work for hours after using the system, breaking the bad breath cycle. The product is currently available in more than 20,000 retail locations, and under this agreement, the world's largest retailer will be targeted for mass distribution.
Iehab J. Hawatmeh, CirTran's chief executive officer, commented, "Consumer reaction to the innovative BreathRx product, both from national television advertising and national print ads, has been exceptional, and we look forward to introducing this product to the world's largest and most successful retailers. We are confident in our ability to leverage our relationships with national retailers, and our expertise with direct marketing to consumers, to drive additional sales for the BreathRx product line. While we agreed to a lower than normal commission rate on this product compared to other agreements, we believe the higher sales volume and the long-term agreement provide DMG with significant revenue potential based on our anticipated success."
About Diverse Media Group
Diverse Media Group (DMG), a wholly-owned subsidiary of CirTran Corp. (OTC BB:CIRT - News) is a Direct Entertainment(TM) firm specializing in product marketing, product manufacturing, 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 leading direct response and product marketing firm with a solid presence in the entertainment industry through its talent division, Diverse Talent Group, a Top 12 nationally ranked talent and literary agency in the entertainment industry.
About CirTran Corporation
CirTran Corporation (OTC BB: CIRT - News, www.CirTran.com - News) is a consumer products-driven Company focused on providing the entire spectrum of "Concept to Consumer" services, encompassing engineering, design, prototyping, low and high-volume contract manufacturing, marketing and retail distribution for consumer-oriented products and technologies. Founded in 1993 and headquartered in Salt Lake City, CirTran's 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. CirTran's Racore Technology (www.racore.com) subsidiary provides sophisticated engineering services, including technology design and prototype development. CirTran's wholly-owned subsidiary CirTran-Asia ("CTA") with principal office in Shenzhen, China, is a high-volume manufacturing arm, which provides customers with the economic benefits of Asian offshore manufacturing coupled with American-based project management and accountability. CirTran's Diverse Media Group (DMG) (www.diversemediagroup.com) subsidiary is a Direct Entertainment(TM) firm specializing in multi-channel product marketing, media purchasing, retail distribution and product fulfillment for the direct response and entertainment industries.
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.
Contact:
CirTran Corporation Trevor M. Saliba, 310-492-0400 trevor*cirtran.com
Posted by DDA on :
Juice,
Best wishes ! You're great to have around !
Posted by J_U_ICE on :
XKEM .026
Xechem CEO, In Wide-Ranging UPI Interview, Discusses for-Profit Model for Delivering Critically-Needed Drugs for African Market Xechem International, Inc. (OTCBB: XKEM), Dr. Ramesh Pandey, president and CEO of Xechem International, was interviewed at length by United Press International (UPI) recently on his plans to manufacture and market the first new treatment for Sickle Cell Disease in decades in Nigeria. Sickle Cell Disease threatens the lives of 4 million Nigerians, as well as 80,000 Americans and many millions more worldwide.
The interview, which follows, can be found at:
http://www.upi.com/HealthBusiness/view.php?StoryID=20061221- 033418-3614r.(Due to the length of this URL, it may be necessary to copy and paste it into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)
UPI Interview: Into Africa: Xechem CEO
WASHINGTON, Dec. 21 (UPI) -- United Press International interviewed Dr. Ramesh Pandey, an Indian-born medicinal chemist who founded his own company after years of working for large pharmaceutical companies, with this mission statement: make needed drugs that no one else would make.
More than 20 years later, Xechem, his New Jersey-based company, holds lucrative patents on drugs like paclitaxel, a cancer treatment derived from the Yew tree.
After a chance meeting with Nigerian officials, Xechem has opened one of the most state-of-the-art pharmaceutical plants in Africa. The factory churns out Nicosan, the first non-toxic treatment for sickle-cell anemia, a disease that afflicts about 16 million individuals primarily of African descent worldwide.
For his work, he has been awarded the Reader's Choice CBS/MarketWatch CEO of the Year award, and immortalized in a song written by Martin Luther King Jr.'s niece. But despite all this, he says, there is still more work to be done.
Q: How did you end up working on drugs for orphan diseases?
A: I was working at Abbott Laboratories, working on antibiotics and cancer treatments that cost $3 million, $4 million or $5 million per kilogram. Then I was approached by a company called Lyphomed to help them develop a generic version of the drug vancomycin (an antibiotic used to treat severe infections). The only company making the drug was Eli Lilly, and their patent had been expired for five years. Nobody in China, India, anywhere, was making the drug.
I wasn't sure at first if I could make the drug, but after three and a half years we developed a version. We founded Xechem and the charter was to make drugs not available anywhere else on the market. We put our generic into production in Copenhagen and Japan. We made our money back in less than two weeks. My entire life changed.
Q: You bought out Xechem from its parent company in 1990, but as the company prepared for its first public offering, an untimely patent extension granted to another firm sent the stock into freefall. Can you describe your meeting with a Nigerian delegation in search of a sickle-cell anemia drug that turned things around for you?
A: Until that time, I had no idea what sickle-cell disease was. I overheard someone from the delegation saying 'We have a drug for sickle-cell disease but nobody wants to put up money.' I said, 'I want it.' At the time, there was no non-toxic drug for the disease.
The Nigerians said 'Westerners come here, take things and never come back. Can you set up a factory here?' I went to Nigeria and saw there was a lot of opportunity there. I agreed to build a factory.
We are currently marketing the drug in Nigeria and we plan to bring the drug to the United States -- where 80,000 people have sickle-cell anemia -- to increase its credibility.
Q: Most of the attention goes to efforts to donate drugs to people in low-income countries. But you have built a successful model based on selling to the Nigerian market. How does it work?
A: Nigeria has a population of 130 million people. Like in every country, there are rich and poor people. It is very cheap to manufacture things there, and many people can afford to buy the treatment.
Right now, the problem is that demand for the drug is greater than what we can produce. Other countries have sent delegations to tour our factory.
Especially when the government is in the picture, I think it makes a lot of sense to develop things in those countries. We are making history. I think there's a tremendous opportunity to help people.
Q: What is it like to operate in Nigeria?
A: People have a very bad image of Nigeria and other African countries; we've helped to change that. If you come there, you can see that what we have built is as good as anywhere else. People will change their impression and say yes, things can be done in these countries.
One problem we have encountered is that often, once people are trained, they leave. We have decided to start classes at Nigerian universities to ensure a supply of trained workers.
(These countries) are looking for people like us who can help build. Criticism won't help anybody get anywhere.
Q: Where do you plan to market the drug next?
A: We expect sales of between $240 million and $288 million per year in Nigeria in the next three to five years. Then we plan to market the drug in all African countries because there are no other drugs on the market.
We also have orphan drug status in the United States and the European Union.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antidiabetic, antimalarial, antibacterial, antifungal, anticancer and antiviral (including AIDS) products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem is now working on the commercialization of the drug in Nigeria and the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University (VCU).
Forward Looking Statements
This press release contains certain forward looking statements 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, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.
Xechem International, Inc. Stephen Burg, Director, 707-425-8855
Source: Business Wire (January 3, 2007 - 10:04 AM EST)
Insystcom, Inc. Announces the WiFiLynx(TM) System for Hotels, Resorts, Timeshares and Recreational Properties Jan 3, 2007 9:51:00 AM Copyright Business Wire 2007 ALPHARETTA, Ga.--(BUSINESS WIRE)--
Insystcom, Inc. (Pink Sheets: ISYX), a firm that provides interactive entertainment solutions and WiFi to the Hotel and Resort industries, today announced the WiFiLynx(TM) system for Hotels, Resorts, Timeshares and Recreational properties. The recent contracts for Treasure Bay, Green Mountain Cabins and Holiday Marina all utilize this system and its advanced internet access technology.
WiFiLynx(TM) guards against the most prevalent problems reported by guests at Hotels and Resorts today -
-- Inability to "Log In" easily
-- Available in one room or area and not in another
-- Loss of connection every few minutes
-- Data rate is slow and variable
-- 800 number instructions that do not provide a fix WiFiLynx(TM) answers these problems by using ADSL distribution over the existing telephone (Cat3) system in the property to allow placement of an access point in each room or suite, 54Mbs data transfer rate with number of user control, ResortLynx(TM) security for the user and proven reliability in use. "Like so many of today's business travelers, I look forward to the use of my notebook with its wireless capability for business communication. When I was traveling last, my stay at a 5 star hotel ran into the list of problems noted above," said Wil Riner, CEO of Insystcom, Inc. "I decided to have Insystcom design and eliminate them. WiFiLynx(TM) is that answer!"
About Insystcom, Inc.
Insystcom, Inc. provides interactive entertainment and communication solutions to the luxury resort, hotel and timeshare markets. ResortLynx(TM) delivers Video on Demand at MPEG2 and MPEG4 encoded rates, high speed internet access (HSIA) to the room/suite TV screen, WiFi to the guest Notebook and Mobile TV to cell phones, PDAs and Pocket PCs. The use of ADSL as transport for ResortLynx(TM) allows high video data rates combined with ease of installation since existing telephone cabling is used. The use of ResortLynx(TM) in thousands of suites & rooms prove the success of this unique technology combination. Please visit the company website at www.insystcom.com.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: Insystcom, Inc.
---------------------------------------------- Insystcom Inc. Alpharetta 770-751-0003 Wil Riner CEO wwriner*aol.com or Jennifer Vanderhoff Director of Sales & Marketing jenny*insystcom.com www.insystcom.com Posted by J_U_ICE on :
TKAT .08
Teeka Tan Products Inc. Announces Positive Phase II SharkDefense/Sunscreen Trials
Business Wire "US Press Releases "
BOCA RATON, Fla.--(BUSINESS WIRE)--
Teeka Tan Products Inc. (OTCBB:TKAT), announced today that it has completed the second phase of testing on a patent pending sunscreen formulation containing a proven chemical shark repellent (SharkDefense, LLC.). Working in conjunction with SharkDefense, a scientific study was conducted at the Bimini Biological Field Station, South Bimini, Bahamas. The study, comprised of a series of nine Phase 2 trials, indicated that lemon sharks, which were conditioned to feed on mammalian flesh baits (i.e. pig ears), avoided baits that were treated with a SharkDefense repellent/Teeka Tan Sport SPF 30 formula. The sharks preferred untreated baits in controlled experiments where a choice of baits was offered.
"These trials represent the most stringent conditions which will rarely be encountered in the natural environment because these sharks were trained to feed and expecting the bait to be edible. Under natural conditions, sharks foraging for food will typically be more cautious and therefore more likely to be repelled," stated Patrick Rice, coordinating Marine Biologist from the University of Miami.
Phase 3 of this research will focus on repeating the final positive results of Phase 2 trials to obtain enough replicates for statistical confidence as well as improving the cosmetics of this combined formulation. This innovation is the only known shark repellent suncare product and the company hopes to finish Phase III trials and launch the new sunscreen/shark repellent formulations in the 2007 suncare season.
About Teeka Tan:
Teeka Tan Products markets and distributes Teeka Tan(R) Suncare Products, a broad line of high quality, value-priced sun care products which are sold to drug stores, supermarkets, surf shops, gift shops, distributors and other retail outlets in the United States and internationally. The Teeka Tan product line consists of Lotions with moderate to high SPF Protection, "Mineral Oil Free" Dark Tanning Oils, After Sun Products and Lip Balm. All of the company's sun care formulations are registered with the FDA and comply with FDA labeling standards. Teeka Tan is also the exclusive distributor in the United States, Mexico and the Caribbean for Safe Sea, the world's only patented suncare that helps prevent stings from most jellyfish, man-o-war, sea lice, sea nettle and fire corals. For more information on our Suncare Products or our Company please visit our website at www.TeekaTan.com.
About SharkDefense
SharkDefense is a New Jersey research and development company focused on chemical shark repellent technologies. SharkDefense has developed and tested shark-specific repellents, including semiochemicals, gustatory compounds, metal alloys. SharkDefense works with leading marine biologists, government agencies, and commercial fisheries on methods to reduce shark bycatch, and has recently received international recognition for its work in this area. More information at www.sharkdefense.com.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. These factors include, but are not limited to, Teeka Tan Products, Inc.'s ability to develop brand recognition and distributor relationships for its products, execute its business strategy in a very competitive environment, its lack of financial resources, risks related to market acceptance and demand for its products and its ability to successfully develop and market innovative products such as a sunscreen formulation containing a chemical shark repellant and liabilities related to product performance. Teeka Tan Products, Inc.'s future results may also be impacted by other risk factors listed from time to time in its filings with the SEC. Most of these factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and Teeka Tan Products, Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Source: Teeka Tan Products Inc.
Posted by J_U_ICE on :
BUGS (.006) Continues Expansion in New Year with Strong Backlog and Contracts in Progress
Business Wire "US Press Releases "
CARLSBAD, Calif.--(BUSINESS WIRE)--
U.S. Microbics, Inc. (OTCBB:BUGS) (BCN:615212), an innovative environmental products and services company, has started the New Year, and second quarter of its fiscal year, with $2.5MM of work in progress, and a backlog of $6.4MM expected to start in the current quarter through its subsidiary Sub-Surface Waste Management (OTCBB:SSWM).
U.S. Microbics and its subsidiaries work with the heads of state and federal government in Mexico to create new jobs and economic prosperity by establishing infrastructure, technology and protocols for a new environmental cleanup industry with beneficial social and economic change for the country.
Robert Brehm, CEO stated, "I am very pleased and optimistic about our future in Mexico as we begin to enjoy the fruits of our business development efforts over the past two years in Mexico. After a slow start in 2006, we are on track for record-breaking revenues in 2007 with current contracts expecting to yield $8MM in FY 2007 revenue if started as scheduled with the state governments and the federal electric company. We also have pending contracts for eleven emergency response centers and several landfill projects which should gain traction this quarter and could start implementation in 2007. This fiscal year is shaping up to be our best ever and puts us on the road to positive cash flow and profitability as we help our neighbors to the south create jobs and economic opportunity in their own country using American technology and know-how."
About U.S. Microbics Inc.
U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for environmental cleanup and agriculture yield enhancement using local resources and stimulating regional economies in developing nations.
The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request.
Source: U.S. Microbics, Inc.
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ISBL .0028
Ise Blu Equity Corp Announces First Canadian Distributor Sale Ise Blu Equity Corp (OTC: ISBL) announced today that its A Accent Decor, Inc. subsidiary has received its first major order for Canadian distribution of its Fibre Decor line of roll on textured wall coating. The order is for 10,000 units in all 42 colors and textures. This sale will provide gross income of approximately $140,000 upon delivery in approximately five weeks. An equivalently sized order is expected in March 2007.
Ise Blu Equity Corp, a Nevada corporation, is a holding company that specializes in investments from the Consumer Goods, Commodities, Entertainment and Technology sectors.
"Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."
PRTH (.17) Announces Launch Date in Puerto Rico With Wireless Partner Brightpoint
Market Wire "US Press Releases "
FT. LAUDERDALE, FL -- (MARKET WIRE) -- 01/03/07 -- Prime Time Group, Inc (PINKSHEETS: PRTH) announced today that it is prepared for the launch of its wireless products and services in Puerto Rico.
"We spent Christmas preparing the stores and getting the infrastructure in place for a successful roll out through the 7-11 assets in January 2007," says Troy Metz, President. "As we committed to our shareholders, we planned on rolling out in late January and I am pleased to report that we are on track with this initiative and within our budget to do so."
Says Dallas Robinson, CEO, "We are prepared to launch beginning on the 23rd of January and concluding on the 10th of February." He adds, "We are pleased that this announcement could come so soon and is in part due to the tremendous support of Brightpoint, our delivery partner and master agent in the United States."
"We should see sales results by the end of this quarter and I expect that they will surprise everyone," says Armando De Valle President of PR7 Inc. and the 7-11 assets in Puerto Rico. "We are very excited that the Virgin brand and the accessory lines of Prime Time Group will be entering our market and the Caribbean through our chain of 7-11s. I believe that our market will respond to this with tremendous enthusiasm."
Prime Time Group Inc. holds an interest in the 7-11 assets of PR-7 Inc. located in Puerto Rico. It recently completed an agreement to distribute Sprint, Boost, Virgin Mobile and Sprint Disney through its master dealer Brightpoint in the United States and Prime Time's initial outlets in Arizona.
ABOUT PRIME TIME GROUP INC.
Robinson Wireless is a forward thinking company that focuses on wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so, it has established relationships with carriers such as Virgin Mobile, fido, Sprint, as well as its own line of products such as Cherry Red Accessories and a content and e-commerce division is online and will be announced shortly.
Robinson Wireless/ Prime Time Group Inc., is currently investigating growth opportunities in Australia, Latin America, the Caribbean, Puerto Rico and the Dominican Republic as well as the developing markets in Asia.
PR7 Inc. operates 14- 7-11 convenience stores in San Juan Puerto Rico. Prime Time maintains its interest in PR7 Inc. Armando Del Valle was appointed President of the company in late June of 2006 and was chartered to maximize profitability and position the company for expansion. The profitability goals were at6tained in December 2006 and the company has identified 3 locations for expansion in early 2007. By the end of 2007 the company hopes to conclude the first phase of expansion and intends to have in excess of 25 stores.
Legal Notice Regarding Forward-Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "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. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Contact Investor Relations paul*coreconsultinggroup.com
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TEWW (.051) Titan Energy Worldwide (Formerly Safe Travel Care) Acquires Stellar Energy Services, $6.5 Million Performer in Generator Sales and Service in 2006 Wednesday January 3, 9:00 am ET
SAN DIEGO--(BUSINESS WIRE)--Titan Energy Worldwide, Inc. (Formerly Safe Travel Care, Inc.) (OTCBB:TEWW - News) announced today that it has executed the agreement to acquire 100% of Stellar Energy Services, Inc. (Stellar) in a cash/stock transaction. Stellar is now a wholly owned subsidiary of Titan Energy Worldwide, Inc. Stellar is an authorized dealer and provides sales and support for Generac Power System, Inc. (www.generac.com) generators and other products in Minnesota, west Wisconsin, North and South Dakota, Iowa, and Nebraska. ADVERTISEMENT
According to the audited financial statements, Stellar posted gross revenues of $1,781,764 in 2004 and $4,573,504 in 2005, finishing both years with losses of $182,914 and $153,655, respectively. Based on interim financial statements, management projects that Stellar will finish 2006 with more than $6.5 million in gross revenues. Further details will be provided in Titan's Form 8K and upcoming 10K annual report for 2006.
Stated Jeffrey Flannery, CEO of Titan Energy Worldwide, "Bringing Stellar into Titan is, I believe, a very strategic move that will benefit companies in the short and the long term. Titan offers experienced veterans in the distributed energy market to help Stellar grow its sales and revenue base. Stellar gives Titan a strong, established foundation and talented professionals who will help us move rapidly in the market of distributed power generation and disaster response services. At the same time, Stellar's sales and service base in the Midwestern US provides great support for Titan's Sentry 5000 mobile utility system."
Through Stellar, Titan now offers a full range of gas- and diesel-powered products, including standby power systems; modular power systems; and residential, light commercial and telecommunications systems. Stellar was founded in January 2004 in Burnsville, MN. In 2005, Stellar opened offices in Omaha, Nebraska, and Des Moines, Iowa. John Giegerich will remain as President of the Stellar subsidiary and will oversee sales and operations of the Stellar subsidiary.
Flannery added, "John Giegerich and his staff have done an excellent job growing Stellar from less than $2 million in sales in 2004 to nearly $7 million in 2006. I expect to see continued rapid growth in our company in 2007 and I have tasked management to prove that we can be profitable in our first year working together as one company."
The terms of the acquisition require Titan to pay the shareholders of Stellar $750,000 in cash over the next six months and 750,000 shares of preferred stock in Titan. Each share of preferred Titan stock can be converted in two years into $1 worth of Titan common stock. Escalation conditions on this conversion apply if the Stellar subsidiary achieves specified revenue goals over the next two years. Titan management expects the cash payments of this transaction to be made through private investments into the company.
Stellar joins Titan Energy Development, Inc. as the second subsidiary in Titan Energy Worldwide. Titan Energy Development is the manufacturer of the Sentry 5000, a multifunctional mobile utility system for disaster recovery and first response situations.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of TEWW 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; and 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 TEWW 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 TEWW has no specific intention to update these statements.
Contact: Titan Energy Worldwide, Inc. Jeff Flannery, 619-342-7449
-------------------------------------------------------------------------------- Source: Titan Energy Worldwide, Inc.
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FMNJ (.015) With Gold and Silver Poised for Additional Gain in 2007, Metallurgical Report on Pulacayo Tailings Project Reveals Significant Potential for Franklin Mining, Inc.
Market Wire "US Press Releases "
LAS VEGAS, NV -- (MARKET WIRE) -- 01/03/07 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) has announced receipt of a metallurgical report commissioned in anticipation of a COMIBOL partnership for the recovery of gold and silver from the Pulacayo, Bolivia tailings.
As previously announced by Jaime Melgarejo, President of Franklin Mining, Inc, this study was completed as part of Franklin's due diligence prior to initiating the capital investment required to build and operate a processing plant. The report has been accepted and approved by Franklin's Board of Directors for publication and distribution to financial partners.
Additional information on the plant's operations will be released as soon as final arrangements are concluded. The full Pulacayo report together with information on other Franklin Mining, Inc. projects can be found at www.franklinmining.com.
About Franklin Mining, Inc.
Franklin Mining, Inc. has interests in the United States, Argentina and Bolivia which include a wholly owned subsidiary, Franklin Mining, Bolivia, as well as 51% interest in Franklin Oil & Gas, Bolivia and 51% interest in Franklin Oil & Gas, Argentina.
DISCLOSURES:
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
Investor Relations: Mr. Andrew Austin 1-702-386-5379
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AFML (.22) Introduces Innovative Alternative to Drywall
Canada NewsWire "All News "
TORONTO, Jan. 3 /CNW/ - Aerofoam Metals Inc. (AFML.PK, www.aerofoammetals.com) is pleased to announce that it has developed a unique and proprietary 'wallboard' to replace the use of traditional drywall in all of its various uses.
The Aerofoam wallboard will offer consumers - for residential, commercial, and institutional settings - an alternative to traditional building construction materials such as drywall. Made from Aerofoam's proprietary aluminum material Aerometal(TM), this unique wallboard provides superior attributes to both plywood and drywall - increased strength, lighter, superior fire retarding capability, superior moisture resistance, superior resistance to mold, impervious to damage from pests - and has an almost infinite lifespan.
"Construction material applications are a key industry sector for the use of our Aerometal and wallboard is just one of many" says Mr. Paul Colacci, President of Aerofoam. "We believe our wallboard can easily be a replacement for traditional building materials such as drywall and plywood. The total cost of ownership for our wallboard is price competitive to current building materials and we believe consumers, particularly in high heat and humidity areas and flood areas, will adopt our wallboard. Notwithstanding the superior qualities of the material, catastrophic types of weather activities will not render the materials useless. That will greatly reduce any rebuilding or renovation costs that could be faced by consumers".
"We think the Gulf Coast region is an ideal place for us to start with our wallboard and we have had significant dialogue with many potential strategic partners in that area to work with Aerofoam in order to generate the adoption of the wallboard in the reconstruction efforts there."
Aerofoam will be working with interested strategic partners to initiate commercial production of the wallboard.
----------
About Aerofoam Metals
Aerofoam produces a highly unique product, known as Aerometal which has myriad of final application uses in any industry, being a possible substitute for any other metals, wood or plastic. Aerofoam's process allows it to produce simple applications as well as complex 3D forms which are required in the automotive, defense, and aerospace industries.
Products made from Aerometal maintain the physical characteristics of pure aluminum but at less density and weight. Product applications can be customized for specific densities as required and enables the use of Aerometal as a preferred material because of the properties of aluminum.
Products made from Aerometal offer substantial material benefits such as strength, durability, water resistance, energy/impact/blast absorption, resistance to mold, resistance to termites and rodents, ease of use, thermal conductivity, and electromagnetic (EMI) shielding, to name a few.
Aerofoam is marketing Aerometal on a global basis in a variety of manufacturing and industrial sectors and customers to integrate the use of Aerometal into a wide range of applications as well as interacting with qualified candidates to establish territorial or product licensing arrangements.
Forward-Looking Statement
-------------------------
Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "Forward Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward Looking Statements may be identified by words including "anticipate", "await", "envision", "foresee", "aim at", "believe", "intends", "estimates" including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations.
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CKGR (.085)/Integrated Bio-Energy Resources, Inc. Announces Date for Name Change
PR Newswire "US Press Releases "
NEW YORK, Jan. 3 /PRNewswire-FirstCall/ -- Integrated Bio-Energy Resources, Inc., (OTC Pink Sheets: CKGR) announced today that the merger and name change will take place on January 15, 2007. The Company has taken all of the necessary steps to complete the requisite paperwork and has requested a new CUSIP Number and Trading Symbol.
As part of the merger agreement, the Company will enact a 1 for 100 reverse merger of the stock. The Company has been in serious negotiations for a multi-million dollar funding package and will report results of those efforts post reverse. The new Board of Directors and Officers will also be announced at that time.
Chilmark Entertainment Group, Inc. has merged with Integrated Bio-Energy Resources, Inc. and as part of the merger agreement the company will change the name and the symbol to reflect the true business of the company.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Company Contact
Tom Dean
310-910-6597
SOURCE Chilmark Entertainment Group, Inc.
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CBRP (.165) to Acquire American Pride Energy
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 01/03/07 -- Cambridge Resources Corporation (PINKSHEETS: CBRP) (FRANKFURT: M3F) announced today that it has signed a letter of intent to acquire American Pride Energy Inc.
According to the company, American Pride Energy will be acquired for 110,000,000 restricted common shares, whereby the total issued and outstanding common shares will be 180,000,000 common shares. The company expects to enter into a definitive agreement by January 10, 2007 and close the transaction by January 17, 2007.
"We are glad to announce this letter of intent to acquire American Pride Energy Inc., a fast growing oil & gas company," said Sylvain Amyot, President of Cambridge Resources Corporation. "The original plan was to execute this transaction into another public company, but now that the transaction with Basics Minerals has been rescinded due to alleged irregularities, we were able to quickly move forward with this significant property," further added Mr. Amyot.
The acquisitions of Basics Minerals and Lesser Slave Lake Exploration were terminated. Stan Ford is not and was never confirmed as a member of the board of directors or as an officer of the company due to alleged irregularities with several issues concerning the Janvier properties as well as the use of funds.
About Cambridge Resources Corporation
Cambridge Resources Corporation is a publicly traded Oil & Gas company, which seeks to acquire North American Oil and Gas producing properties.
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: Jean-Francois Amyot Lead Corporate Finance Advisor Tel 514-448-6710
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TEGR (.26) Receives $1,000,000 Final Payment For STeP(R) Report to Major International Oil and Gas Exploration Company
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
Terra Energy & Resource Technologies, Inc. (OTCBB:TEGR), an energy and natural resource exploration technology company, announced today that it has received the final $1,000,000 completion payment on the $2.5 million contract the Company signed with a major international oil and gas exploration firm in August 2006. In accordance with the agreement, the Company delivered on time its final STeP analysis report to the client and has just received the final $1 million payment concluding the contract.
In preparing its analysis, the Company utilizes proprietary STeP technology which is based on interpretation of satellite data to effectively identify oil and gas as well as other minerals subsurface, on or off-shore. Terra Energy & Resource Technologies, Inc. conducts its operations through its wholly owned subsidiary, Terra Insight Corporation (TIC).
"We have delivered our reports on schedule, and we received the final payment of $1 million, as agreed. This reflects the on-schedule performance of the Company in delivering its final STeP report pursuant to this important contract with one of the world leaders in off-shore oil and gas exploration and production. Our technology enables our client to more effectively and efficiently conduct its off-shore hydrocarbon exploration efforts and achieve substantial time and dollar savings, in addition to significant reduction of exploration risk," said Roman Rozenberg, Terra Energy & Resource Technologies' Chief Executive Officer. "Now that we have succeeded in performing in accordance with our first contract with this important client, we expect additional opportunities with this and other world leaders in resource exploration."
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides analysis for exploration for oil and gas as well as other minerals subsurface. The Company primarily uses proprietary satellite-based STeP (Sub-Terrain Prospecting) technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. The Company interprets and quantifies satellite and geologic data to determine locations and depths of natural resource deposits, and assess them for any given geographic area - on or off shore. The Company, through its subsidiaries and affiliates holds (1) six licenses totaling more than one million acres off-shore Namibia for diamond exploration, (2) a participation interest in a diamond prospect in the Congo of more than one thousand square kilometers, (3) a working interest in a one million acre Kurdistan oil prospect, (4) leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada and (5) oil and gas leases in East and South Texas. For more information visit http://www.terrainsight.com.
This press release may contain 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. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize, inclusive of, but not limited to: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Source: Terra Energy & Resource Technologies, Inc
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VPFI (.08) Announces Plans to Enter Social Networking Space With Audio ****ging Application
Market Wire "US Press Releases "
PROVIDENCE, RI -- (MARKET WIRE) -- 01/03/07 -- VOIP5000, Inc. (PINKSHEETS: VPFI), a provider of click to call services under the Clixme name as well as other VoIP applications for online businesses, announced today that it has begun development of a new social networking ****ging service that will allow users to post audio recordings to their ****s in real time. This new service will leverage the company's VOIP technologies to deliver the new service.
The premise of the service is to allow users to call the service with their telephone or cell phone, record a message, and instantly have it posted to their ****. Users will be provided with a small snippet of code that they add to their **** which enables the real time availability of their recordings. The service will be compatible with all of the major **** and social networking sites including News Corp's MySpace.com and Google's ****ger.com.
"With the explosive growth that social networking has experienced in 2006, we see huge potential in simplifying the way people ****," said CEO Fotis Georgiadis. He continued, "With a service like this, people are no longer tied to their computers when they want to update their ****s. All they need is a phone, and literally within 60 seconds of recording a message, it's available for the world to listen to."
In 2006, many companies changed their strategies in communicating with their customers and their employees to include ****s or "**** type" services. The value proposition for these companies was clear: a central source for maintaining information, both public and private.
The company plans to release more information about the new service in the near future.
About VOIP5000, Inc.
VOIP5000, Inc. (PINKSHEETS: VPFI) develops and markets VoIP applications and services for business and consumer use. Its flagship service, Clixme.com, provides click to call services to businesses in the U.S. and Canada. Businesses can sign up and find out more about Clixme at http://www.clixme.com
Note: All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results to differ materially from such statements, including, without limitation: (i) competition, (ii) fluctuations in demand and supply of our target markets, including Internet-based telephone operations (iii) risks associated with new business ventures. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.
Contact: VOIP5000, Inc. Phone: 1-866-537-6010 Email: ir*voip5000.com
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GDKI (.29) Partner Radio Active Pictures to Secure $50 Million Production Fund
Business Wire "US Press Releases "
NEW YORK & LOS ANGELES--(BUSINESS WIRE)--
Goldmark Industries, Inc. (PINK SHEETS:GDKI) partner, Radio Active Pictures, is pleased to announce that it is currently in the process of securing a $50 Million Production fund which will be the cornerstone for the slate of projects the Company has in development.
RADPics expects 2007 to be a banner year for business, as the Company is also expected to add two music video directors to its existing roster, launch a stock photo division, and is already developing a 4-feature Horror slate. In addition, RADPics is in the process of negotiating a deal with a major music video rep, and is in discussions to attach three major directors to its slated projects. The Company looks forward to revealing the exciting details in the very near future.
Goldmark Director, Danny Rodriguez states, "We are excited about the developments occurring within this outstanding partnership. RADPics has a brilliant team and is growing rapidly. We look forward to unveiling the project details within the next few months."
For more information please visit wwws.radpics.com
About Goldmark Industries, Inc
Goldmark Industries is committed to providing the best in all forms of urban entertainment to the 45 Million Hip-Hop consumers in North America. The average North American spends more on entertainment than they do on health care and clothing, making entertainment the most attractive industry for investors and advertisers alike. Goldmark Industries is preparing to stand at the forefront of the Hip Hop consumer market, specializing in all aspects of entertainment, including Music, Feature Films, Television, Home Video/DVD and Major Events. The strength of Goldmark Industries is the result of its highly reputable and continuously growing management team. The knowledge and experience that each team member brings consistently supports the growing success of each division at Goldmark Industries. In addition, they are associated with some of the world's leading entertainment companies and top distribution channels worldwide, providing Goldmark Industries with the relationships to continually move forward.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
Source: Goldmark Industries, Inc.
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MIDS (.58) Patsystems plc Signs Contract to Provide Front-End System to Midas Securities LLC
Market Wire "US Press Releases "
BUENA PARK, CALIFORNIA -- (MARKET WIRE) -- 01/03/07 -- MidasTrade.com Inc. (PINK SHEETS: MIDS) and Patsystems -
Patsystems is pleased to announce the signing of an agreement to provide front-end trading systems to Midas Securities LLC.
MidasTrade.com Inc. through its wholly owned subsidiary Midas Securities LLC, has been providing Korean brokers and dealers with direct access to the US equities market since 2002. In 2006, they expanded their Midas GDAN, Global Direct Access Network, to include access to futures & commodities markets for Korean futures trading companies and brokers via Patsystems' trading front-end, J-Trader.
Midas Securities will also be providing access to KOSPI, Korean Composite Stock Price Index, via Patsystems solution.
Jay Lee, President and CEO, Midas Securities LLC:
"Midas Securities is the first company to provide a direct link between Korean investors and the US securities markets. Our decision to expand Korean brokers' access to include US futures and commodities markets is a very positive step and Patsystems' solution has made the entire process much faster and easier for us."
Patrick Kenny, Patsystems Managing Director for North America said:
"We are delighted to add Midas Securities to the growing list of Patsystems' customers. We are well established in both the US and Asia, making us the right development partner for their expanding futures business."
About Patsystems
Patsystems provides industry-leading trading technology: fast, reliable and secure electronic systems that support global connectivity from a single screen. Order routing to electronic and open outcry exchanges with comprehensive risk management and the ability to create tailor-made solutions through an open API (FIX or proprietary format), backed by superior customer support. Futures and options brokers worldwide distribute Patsystems' technology to thousands of end users, from independent traders and arcades up to large financial institutions and global brands.
About MidasTrade.com Inc.
MidasTrade is a U.S. based company committed to the deployment of the Midas Global Direct Access Network (GDAN) that allows investors to trade securities, options and futures in real time via their online trading account through the MidasTrade network of participating exchanges, all over the world. The MidasTrade GDAN is designed to provide investors with immediate execution and confirmation of their securities trade with minimal surcharges and commissions. The company successfully launched MidasTrade GDAN in South Korea and the U.S. in March 2002, and is expanding to Canada, Hong Kong and Europe. Additional information is available at www.midastrade.com.
Contacts: Patsystems plc David Webber CEO +44 (0)20 7940 0463
Patsystems Patrick Kenny MD, North America (312) 922-7600
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HSFI (.05) Announces Launch of Website and Marketing Program
PrimeZone "PrimeZone "
IRVING, Texas, Jan. 3, 2007 (PRIME NEWSWIRE) -- Homeland Safety International, Inc. (Pink Sheets:HSFI) announced today the launch of their new website (www.homelandsafetyintl.com). The site reflects the Company's recently announced mission to be a broad-based provider of homeland security products and services. The site is an information resource for the Company's customers, investors, and their international Representatives. The initial release of the site provides basic information about the Company, its products and the Representatives that sell their offerings worldwide. Future releases will add in-depth product reports, field tests and end user audio/video testimonials.
"This is a major step in the process of rolling out our expanded strategy as a comprehensive provider of homeland security solutions," stated Paul Johnson, President of the Company. "We now have a strong set of products and services available to meet the needs of our various constituents, and this site will be their initial resource to learn about these offerings."
The Company also stated that it expects to leverage the website as a tool in recruiting new Representatives for Homeland Safety on a global basis. "We have demonstrated the ability to develop strong Representative relationships and provide the product and services required for their unique situations," stated Lee White, Vice President of the Company. "Our job now is to expand that sales channel as well as continue to sign additional agreements with the companies that have 'best in class' solutions for the war on terror."
About Homeland Safety International, Inc.
Homeland Safety has signed selling agreements for numerous products that are related to homeland security and the war on terror. Its products and services include anti- and counter-terror security services, equipment for covert operations, bio-terror chemical products, GPS and RFID tracking solutions. Homeland Safety is also the holder of the exclusive license to sell Sniffex, an explosives detection device in NAFTA countries and, on a non-exclusive basis, in most other areas of the world.
Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.
CONTACT: Homeland Safety International, Inc. Angela Hoffman 972-868-9101
*** NewsWire Angela Junell 214-461-3411 ajunell****.com
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CYRX (.30) Signs Letter of Intent With Commodity Sourcing Group
Market Wire "US Press Releases "
BREA, CA -- (MARKET WIRE) -- 01/03/07 -- CryoPort, Inc. (PINKSHEETS: CYRX) announced today that it has entered into a non-binding Letter of Intent with VHS Group LLC, dba Commodity Sourcing Group ("CSG") located in Detroit, Michigan.
The letter of intent stipulates that CryoPort will be the exclusive supply source to CSG for cryogenic transport containers and that CryoPort will supply to CSG all of its requirements of such containers. The two parties are discussing business development opportunities that could potentially provide necessary capital funding.
Under the terms of the letter of intent, CryoPort shall retain ownership of the technological rights to its product line and will provide CSG exclusive rights through a licensing agreement and in return CSG will pay CryoPort a royalty.
About CryoPort, Inc.
CryoPort (www.cryoport.com) develops leading edge, proprietary, technology driven shipping and storage products for use in the rapidly growing global biotechnology and biopharmaceutical sectors. The products developed by CryoPort are essential components of the infrastructure required for the testing, research and end user delivery components that make up the foundation of the biopharmaceutical and biotechnology industries.
"SAFE HARBOR"
This press release contains forward-looking statements. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company 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 inherently 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 by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
Investor Relations: First Capital Investors, Inc. www.firstcapitalinvestors.com 321-221-2910 Email Contact
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USXP .0035
- Universal Express' Division MadPackers Signs Letter of Intent to Purchase Smart Movers
NEW YORK--(Business Wire)--Universal Express Inc. (OTCBB: USXP), division MadPackers announced today the signing of a letter of intent to purchase Smart Movers, a leader in the college shipping and storage industry. Based in the Boston area, Smart Movers has been in operation for over 11 years and services over 23 schools across the northeast. Smart Movers, through its 11-year tenure, has averaged over 3,500 students per year for its shipping and storage services.
"We are all very excited to team up with an established player in the college services industry and gain 11 years of experience in one year. It is a great opportunity for our young company to continue its aggressive expansion and growth across the country," stated Brian Altomare, President of MadPackers.
The merger between Smart Movers and MadPackers will form one of the largest college shipping and storage companies in the country. MadPackers plans to retain the services and experience of Smart Movers management to continue and assist in the growth of MadPackers.
"With the experience of Universal Express' customer service, logistics, and operations behind us, I am very confidant that SmartMovers will be able to expand MadPackers business and help it become the leader in this fragmented college shipping and storage industry," said Larry Byron, President of Smart Movers.
"With this industry still in its formative phase, the combination of Universal Express' many companies and operation capacities, along with Smart Movers 11 years experience on the front lines of campuses across the country, we will build the foundation and set the tone for the entire college services industry," noted Byron.
"The acquisition of Smart Movers will give MadPackers additional offices in Massachusetts, expanding its already existing operations in Florida and New York City. We will now have local presence in one of the largest concentrated areas for colleges and students anywhere in the United States," said Chris Adamo, Director of Business Development for MadPackers.
"This is a great way for MadPackers to end its first year of operation and bring in the New Year," concluded Chris Adamo.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Universal Express, Inc. Mark Falk, 561-367-6177 publicrelations*usxp.com
Copyright Business Wire 2007 03Jan07 20:37 GMT Symbols: de;UEX de;UEX de;UEXF de;UEXF de;UEXX de;UEXX us;USXP us;USXP Source BW Business Wire Categories: MST/I/AIF MST/I/EDU MST/I/ENT MST/I/RAI MST/I/RCS MST/I/TRK MST/I/TRQ MST/L/EN MST/R/NME MST/R/US MST/R/US/MA MST/R/US/NY MST/S/MRG TGT/BWB
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SLGI (.15) Awarded a $1.6 Million Contract to Install An Automated Handling System
PrimeZone "PrimeZone "
NEW YORK, Jan. 3, 2007 (PRIME NEWSWIRE) -- SecureLogic Corporation (OTCBB:SLGI), a provider of automated solutions for effective management of security screening and material handling, today announced that it has been awarded a 1.6 million US dollars contract to install an automated material handling system in Israel. The system will be installed in Israel by SecureLogic's subsidiary, SpaceLogic, and is to be completed by Q3 of 2007.
Gary Koren, CEO of SecureLogic, said, "We are very pleased to be able to start 2007 on a positive note with the announcement of this contract. In addition to the positive business impact of this project, it will serve as an opportunity to further establish the superior automation standards of our product line, and we anticipate enhanced business prospects for SecureLogic."
About SecureLogic
SecureLogic develops and markets systems that optimize the screening of bags and people through airports, seaports, border-crossings, or any other security screening operation. Its subsidiary, SpaceLogic Ltd., provides automated Baggage and Material Handling turn-key systems. SecureLogic's systems integrate unique security methodologies with state-of-the-art screening and baggage handling technologies, providing a comprehensive baggage screening and passenger screening security solution. For more information, please visit www.secure-logic.net .
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements, including those regarding the ability to fulfill contracts and profitability. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.