Signature Leisure Announces Revenge Signature Leisure, Inc. (OTCBB: SGLS) announced today that the company recently acquired a twenty-five percent ownership stake in Revenge Designs LLC.
Revenge Designs LLC, based in Decatur, Indiana, is headed by Australian native Peter Collorafi. "Revenge is partnering with Lingenfelter Performance Engineering to modify the 2006-07 Pontiac GTO for a more 'aggressive' look and performance," as reported by the Fort Wayne Journal Gazette.
Stephen Carnes, CEO of Signature Leisure, Inc., stated, "I am very excited with today's announcement that Signature has acquired a twenty-five percent ownership stake in Revenge Designs LLC. I believe this is an excellent opportunity for Signature Leisure and I am enthusiastic about the future of Revenge Designs LLC. I believe everyone will be hearing more and more about Revenge Designs as the first Revenge GTO's start hitting the street."
The Journal Gazette additionally reported that "Collorafi, Tom Cress -- president of Decatur-based Lingenfelter -- and several government and economic development officials announced the launch of the new car design company and partnership on Thursday" (July 13, 2006).
"Revenge and Lingenfelter will produce 1,000 modified cars by October or November of next year," Collorafi said. "The company expects to be in operation in mid-August. He said the company is also looking at modifying other vehicles but did not provide specifics.
"All 1,000 modified GTOs will include the Revenge design enhancement package -- everything from a wider body to fog lamps with flowing fender extensions to a lower profile. And 500 cars will also include the Lingenfelter performance package. That will add a magnacharger/supercharger delivering 530 horsepower -- up from 400 -- as well as a manual transmission short shifter, a high performance brake system and other extras.
"Revenge expects to employ 40 by December with an annual payroll that will exceed $1 million. About $1.7 million will be invested in the project with annual sales anticipated to be in the neighborhood of $10 million, the company said in a written statement."
About Signature Leisure, Inc. (OTCBB: SGLS) -- Signature Leisure, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol SGLS. For more information about Signature Leisure, Inc., please visit the Company's website at http://www.signatureleisure.com
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DONOBi, Inc. Announces Reverse Stock Split and Name Change DONOBi, Inc. (OTCBB: DNOB) today announced that effective July 25, 2006:
1. The name of the corporation will be changed to "Gottaplay Interactive, Inc."
2. The new trading symbol will be GTAP.
3. There will be a one for six "reverse stock split" whereby one "new" share of the Company's Common Stock will be issued in exchange for every six (6) shares of Common Stock issued and outstanding as at 5 P.M. EDT on July 24, 2006.
"We are looking forward to this next step in the previously announced Merger process with Gottaplay Interactive, Inc. The name change will more accurately reflect our business going forward and the reverse split will provide us with a better opportunity for us to list our Common Stock on a national stock exchange in the future," said Bill Wright, Chief Executive Officer of DONOBi, Inc.
About Gottaplay Interactive, Inc.
Gottaplay Interactive, Inc. began operations on October 4, 2004 and is an online video game rental subscription service, providing subscribers with access to a comprehensive library of titles. Subscribers can generally have up to two titles out at the same time with no due dates, late fees or shipping charges. Subscribers select titles at Gottaplay's website, aided by its proprietary recommendation service, and receive the game disks by U.S. Postal mail service. The gamers then return the game disks at their convenience using Gottaplay's prepaid mailers. After a title has been returned, Gottaplay mails a title from the subscriber's game queue. All of Gottaplay's subscription revenues are generated in the United States of America.
About DONOBi, Inc.
DONOBi and its wholly owned subsidiaries provide Internet related services including connectivity, web access, web hosting and development, video services, networking and development and design to single and multi-unit residential and business customers across the U.S.A., principally in the Northwestern part of the U.S.A.
Forward-Looking Statements
Statements made in this press release that state the Company or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Smart Card Marketing Systems Inc. Enters Into Agreement With The Genesis Network Market Wire - July 24, 2006 4:08 PM (EDT)
SAN ANTONIO, TX -- (MARKET WIRE) -- Jul 24, 2006 -- Smart Card Marketing Systems Inc. (PINKSHEETS: SMKG) (FRANKFURT: QYH), a leading provider of prepaid cards, value smart storage cards and payment transaction management services, announced today that they have entered into an agreement with The Genesis Network to provide card fulfillment services.
The Genesis Network is a consulting company that specializes in the customer relations market and their existing client base is between three thousand and seven thousand active customers in the US and Canada and most of these would be directly enrolled in the prepaid card fulfillment campaign. The agreement states that the initial order will be for fifteen thousand prepaid Canadian MasterCards® and five thousand prepaid US MasterCards®. The cards will be used within the payday loan industry in North America.
The payday loan industry is a very captive financial service for low income and credit challenged individuals. The need to combine a payday loan with the facilitation of an immediate access card such as the prepaid MasterCard® and or Visa™ cards gives a larger potential for transaction sharing from funds distribution.
It is estimated that the prepaid MasterCard® or Visa™ cards generate between $45 and $70 USD a year in gross revenue per unit. Based on market evaluations, a program with five thousand active cards can generate up to $500,000.00 USD in gross profits from transactions alone.
Smart Card CEO, Massimo Barone stated, "Smart Card is positioning itself to be a main supplier of prepaid cards to financial service providers in North America. Each new distribution agreement brings the company one step closer to becoming the product of choice in the prepaid industry."
About The Genesis Network
The Genesis Network was established over five years ago as a consulting company specializing in the CRM (customer relations market), Media, and Business Process outsourcing market. The company's network of merchants in the financial sector will play an important role in complimenting the prepaid card programs offered by Smart Card and will create new market opportunities for both companies.
About Smart Card Marketing Systems Inc.
Smart Card Marketing Systems Inc. has taken a mainstream position in the smart and prepaid charge card market to develop, integrate and to jointly deploy turnkey co-branded solutions for loyalty and payment management transactions. Smart Card Marketing Systems Inc. seeks industry suppliers and creates channel partners to better the availability of API's (automated protocol interfaces) that respectively are only available to preferred corporations/clients and manages the required protocol in-place by the offering institution for the merchant.
Forward-Looking Statements. This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements about the expected future prospects of our business and all other statements in this release other than historical facts, constitute forward-looking statements. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. We derive most of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and, of course, it is impossible for us to anticipate all factors that could affect our actual results. Some of the factors that we believe could affect our results include: general economic and market conditions, including the lingering effects of the economic slowdown and services revenue; the overall condition of the bank card industry, including the effect of any further consolidation among financial services firms; the regulatory, credit and market risks associated with our operations; the integration of acquired businesses, the performance of our businesses; the effect of war, terrorism or catastrophic events; the timing and magnitude of sales; the timing and scope of technological advances; the ability to retain and attract customers and key personnel; and the ability to obtain patent protection and avoid patent-related liabilities in the context of a rapidly developing legal framework for software and business-method patents. The factors described in this paragraph and other factors that may affect our business or future financial results and when applicable, will be discussed in our filings with the Securities and Exchange Commission. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
Smart Card Marketing Systems Inc. Max Barone maxbarone*gosmartcard.com www.gosmartcard.com 1-866-774-2555
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Tripath Agrees to Settle Derivative Shareholder Litigation Business Wire - July 24, 2006 5:15 PM (EDT)
SAN JOSE, Calif., Jul 24, 2006 (BUSINESS WIRE) -- Tripath Technology Inc. (OTCBB:TRPH) today announced it has entered into a Stipulation of Settlement of Derivative Claims (the Stipulation) to settle the derivative shareholder litigation entitled Lyon v. Tripathi et al., Case No. 104CV031905, pending in the Superior Court of the State of California, County of Santa Clara (the Court) against Tripath and certain of its current and former officers and/or directors (the Derivative Action).
Under the terms of the Stipulation, the parties agreed the Derivative Action will be dismissed in exchange for implementation of certain corporate governance changes and payment of plaintiff's attorneys' expenses in an amount not to exceed $6,000.00. Except for this payment, the parties shall bear their own attorneys' fees in connection with the Derivative Action. The Stipulation remains subject to the satisfaction of various conditions, including without limitation final approval of the Stipulation by the Court.
"This settlement puts the derivative securities litigation behind Tripath at minimal expense," said Jeffrey L. Garon, Tripath's Vice President, Finance and Chief Financial Officer.
About Tripath Technology Inc.
Based in San Jose, California, Tripath Technology Inc. is a fabless semiconductor company that focuses on providing highly efficient power amplification to the digital media, consumer electronics and communications markets. Tripath owns the patented technology called Digital Power Processing(R) (DPP), which leverages modern advances in digital signal processing and power processing. Tripath markets audio amplifiers with DPP under the brand name Class-T(R). Tripath's current customers include, but are not limited to, companies such as Alcatel, Alpine, Hitachi, JVC, Sanyo, Sharp, Sony and Toshiba. For more information on Tripath, please visit Tripath's web site at www.tripath.com.
SOURCE: Tripath Technology Inc.
Tripath Technology Inc. Jeffrey L. Garon, 408-750-6801 jgaron*tripath.com or Lippert / Heilshorn & Associates, Inc. Kirsten Chapman, 415-433-3777 (Investors) kirsten*lhai-sf.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Global 1 Real Estate Investment Group, our real estate business unit has received a proposal for business office space. The office space is located in the business district of Atlanta, GA in a Class A building. This is another milestone we have achieved as a result of the restructuring of SSSU that is on going. Securing office space will allow our operations a place to conduct business and continue development of our business model.
Silver Screen Studios Restructuring Results:
Our current restructuring which began in March 2006 has yielded the following results:
Our share price is up from $0.002 to $0.006. We have traded as high as $.014 intra-day, and we have traded a company record volume of 122 million shares in a single day.
We have received publishing and marketing funding for our first two novels, The Set-Up and The Single Life.
We have received a Line of Credit for the development of our film slate and equipment acquisition.
We have two Reg. D Rule 504 funding transactions to raise $1.0 million each ready for filing to fund our strategic business units.
We have refined our financing plan for our slate of movies we intend to finance and produce over the next 18-36 months. http://biz.yahoo.com/bw/060713/20060713005842.html?.v=1. Our financing model includes using our entertainment business unit, Global 1 Entertainment Group, to raise up to $25 million, and registering a series of warrants and options allowing the current shareholders of SSSU to buy additional shares of Global 1 at a discount.
We have acquired free trading equity as part of our shareholder enrichment program. The free trading equity will be distributed to our shareholders after we price our Reg. D-504 offering.
90 Day Plan:
We have developed a comprehensive 90 day business plan where we intend to move into the second phase of development of our restructuring. We have several strategic business initiatives that will be introduced during this period which will enable SSSU and the business units to further develop.
FAQs:
Q1----Does SSSU plan to reverse split its stock?
A1----No, we have no plans to conduct a reverse split of our stock.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
SOURCE: Silver Screen Studios, Inc.
Silver Screen Studios, Inc. Donald Evans, 404-255-0400 e-mail: sssu*mindspring.com Copyright Business Wire 2006
Posts: 199 | From: Tennessee | Registered: Apr 2006
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Family Room Entertainment Files Preliminary Proxy 7/24/2006
LOS ANGELES, Jul 24, 2006 (BUSINESS WIRE) -- Family Room Entertainment Corporation (OTCBB:FMLY) would like to announce a forthcoming special shareholders meeting concerning the preliminary proxy filed on July 19, 2006.
Family Room Entertainment Corporation filed a preliminary proxy on July 19, 2006, which set a date for a special meeting on August 29, 2006, for shareholders to vote on a proposal to increase the authorized shares from 200 million to 2 billion shares.
The increase in authorized shares will provide for the following: 1) allow FMLY to retire its outstanding convertible debt; 2) have equity available to be used to acquire, develop and produce future film projects; and 3) to raise additional funds as needed for working capital.
About Family Room Entertainment
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions (EFFP), Emmett Furla Films Distribution (EFFD) and EFF Independent (EFFI), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY". Family Room Entertainment develops, produces and performs production-related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production-related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting, and service fees and royalties, as well as participation in the profits, if any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent, and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward-Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
SOURCE: Family Room Entertainment Corporation
Family Room Entertainment Corporation M. Dal Walton, III, 310-659-9411 x127 Email: dwalton*fmlyroom.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Powerlock International Corp. Announces Forward Split
By BusinessWire Last Update: 7/24/2006 12:57:03 PM Data provided by
COSTA MESA, Calif., Jul 24, 2006 (BUSINESS WIRE) -- Powerlock International Corp. (Pink Sheets:PWLK) announced a 10 for 1 forward split of its common stock with record date July 21, 2006, and payment date July 22, 2006. Shareholders of record on July 21, 2006, will have the right to receive a share dividend of nine shares on each share owned; shareholders of record on July 22, 2006, will be entitled to be paid such dividend. Powerlock is awaiting notification from NASDAQ as to the x-date for the split, when the effect of the dividend will be reported to the OTC market. The forward split was proposed by a resolution of the company's board of directors and approved by majority shareholder consent without a meeting, in accordance with Nevada law.
Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward-looking statements. Forward-looking statements deal with the company's current plans, intentions, beliefs and expectations and statements of future economic performance. Statements containing terms like "believes," "does not believe," "plans," "expects," "intends," "estimates," "anticipates" and other phrases of similar meaning are considered to imply uncertainty and are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the company with the Securities and Exchange Commission. The company cannot guarantee its future results, levels of activity, performance or achievements.
SOURCE: Powerlock International Corp.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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By Market Wire Last Update: 7/24/2006 9:01:25 AM Data provided by
LAS VEGAS, NEVADA, Jul 24, 2006 (MARKET WIRE via COMTEX) -- Rival Technologies Inc. (PINK SHEETS: RVTI) announced today that its oil and gas subsidiary, TRU Oiltech, has expanded its earlier provisional patent by filing an additional patent application aimed at protecting its technology for upgrading heavy oil and oil sands bitumen.
"Our first filing was aimed at protecting TRU technology with regard to heavy oil. This latest provisional patent filing is the result of our recent tests and research, expanding protection of TRU technology to oil sands bitumen," stated Sandy Constable, P.Eng. and President of TRU Oiltech.
Rival Technologies Inc. and its subsidiary, TRU Oiltech, are developing a proprietary process for upgrading heavy oil and oil sands bitumen, with the objective of significantly reducing production costs and energy requirements. The company's strategy is to license the process to producers in exchange for a capacity license fee and royalty payments.
On behalf of the Board of Directors
Robin J. Harvey, President
Certain statements in this press release constitute "forward-looking statements" within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company. Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. Readers should consult their own independent advisers with any investment, including any contemplated investment. All information contained in this press release should be independently investigated. This press release contains forward-looking statements. These remarks involve risks and uncertainties. Risks are not limited to quarterly fluctuations in results or the companies' management of growth and competition. Other risks are detailed in the Company's SEC filings. Actual results may differ materially from such information set forth herein.
SOURCE: Rival Technologies Inc.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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posted
.008 Proxity-EC Announces ""Parts in a Palm(TM)""
Jul 25, 2006 05:30:16 (ET)
VIRGINIA BEACH, VA and NEW ORLEANS, LA, Jul 25, 2006 (MARKET WIRE via COMTEX) -- Proxity, Inc. (PINKSHEETS: PRXT), managing partner of Proxity Electronic Commerce Systems LLC (Proxity-EC), announces that Proxity-EC has introduced "Parts in a Palm(TM)." This new product will provide PECS's users with the ability to order parts using a Personal Handheld Computing Device known as a PDA. PECS's users are now able to order over 12,000,000 parts and contact over 400,000 manufacturers and service organizations via any PDA, such as the Palm Treo or other mobile computing devices that are web enabled.
Barry Nelsen, CEO of Proxity EC, stated, "Our Parts in a Palm product will allow large organizations such as the military to save millions if not billions of dollars by allowing field personnel to order from their mobile device using existing purchasing methodologies such as credit cards. Our current product allows a military user to broadcast needs to many vendors while Proxity-EC seamlessly attaches associated technical data, drawings, purchasing history as well as specifications and standards to the bid request, all done from the Proxity-EC server without assistance from the person ordering the parts."
Mr. Nelsen added, "The PDA version of our PECS Database subscription service will cost a user $10-$15 a month depending on volume. The PDA version of our product, Parts in a Palm, will allow the user to do as little as verify approved pricing or actually order parts, truly the next step in bringing the evolution of the Internet and Electronic Commerce to our PECS Database subscribers."
The PECS Database service provides subscribers with all data needed to bid on Government contracts including an email alert service that provides same-day awareness to contractors of open solicitations that fit the contractor's profile of products that may meet the Government's requirements.
About Proxity
Proxity, Inc. (PINKSHEETS: PRXT) is a developmental holding company specializing in the deployment and marketing of security protection technology and government contract fulfillment. Proxity formed Proxity Electronic Commerce Systems, LLC and owns 47.5%. The company also owns approximately 16,500,000 shares of Cyber Defense Systems, Inc. (CYDF, Trade ). Proxity seeks to acquire and develop both internet based business opportunities and security technology. The Company plans to enter into developmental, teaming and exclusive and nonexclusive marketing and distribution agreements with products developed for Government, commercial, military and homeland defense areas. http://www.proxity.com .
About Proxity Electronic Commerce Systems, LLC (Proxity-EC)
Proxity-EC was founded in 2005 with the goal of becoming the leader in providing information systems dealing with Government logistics databases and vendor awareness of business opportunities in selling both to the Government as well as industry. The founders of Proxity-EC, developers of the PECS Database, are the originators of the current systems of logistics used by industry and the Military including FEDLOGS, Haystack and the ILI Logicom parts database.
The PECS Database provides information on 12 million parts, their suppliers, Government specs and standards as well as non-Government standards, which are linked from the database to the cited standards. The system also provides an alert service on sales opportunities to the Government's 400,000 contractors as well as requisite data used by the Military. For more on Proxity-EC, go to: http://www.proxity-ec.com/
Forward-Looking Statements:
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may,'' "would,'' "will,'' "expect,'' "estimate,'' "anticipate,'' "believe,'' "intend,'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact: Proxity Electronic Commerce Systems, LLC Barry Nelsen 757-502-8951 Osprey Partners Mike Mulshine 732-292-0982 osprey57*optonline.net
SOURCE: Proxity, Inc. and Cyber Defense Systems, Inc.
Cargo Connection Logistics - International Continues International Expansion
2006-07-25 05:30 ET - News Release
INWOOD, NY -- (MARKET WIRE) -- 07/25/06
Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (Berlin: CD6.BE) (Frankfurt: 217026) today announced that its wholly owned subsidiary, Cargo Connection Logistics - International, Inc., recently sent a contingent of representatives to San Jose, Costa Rica with the purpose of developing business opportunities, particularly in support of the small to medium-sized Costa Rican exporter base.
The meetings in Costa Rica, which occurred during the latter part of the second quarter of 2006, lasted for three days with a direct focus on exponentially growing the amount of goods of small and medium-sized companies' (pequeńas y medianas empresas, known as "PyMEs") through successful exports into the United States market. This would be initiated through a program designed to plan, coordinate, and facilitate an advanced international trade platform that will enable small and medium-sized Costa Rican exporters to compete and succeed in the global marketplace.
The sessions included contingents representing Cargo Connection Logistics - International, Costa Rican members from Rex International Cargo, The Costa Rican Export Promotion Bureau ("Procomer"), Banco Nacional - PyMEs, The Chamber of Agro-Industrial Companies and The Ministry of Economics, Industry and Commerce (M.E.I.C.). It was noted that Costa Rica has recently elected a new political administration with an interest in Central America Free Trade Agreement (CAFTA).
As a result of this initiative, the PyMEs exporters of Costa Rica will have the opportunity to become a united front for the purpose of cooperative purchasing power with regard to buying of space and transportation. Cargo Connection Logistics - International will be the U.S. provider for this project, providing all services in the United States related to Vendor Managed Inventory, domestic transportation, distribution, and full-scope third party logistics (3PL) support. Additionally, Cargo Connection Logistics will provide general sales agents to assist in marketing the Costa Rican products.
"We are very excited to be a part of this program," said William Perry, Director of International Business for Cargo Connection Logistics - International. "Through this solution-focused program, we see immediate benefits for the more than 1,200 current PyMEs exporters from Costa Rica and the opportunity for Cargo Connection Logistics to strengthen their distribution and logistics platform with strong volume potential."
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have U.S. Customs Bonded Container Freight Station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. They also have a General Order Warehouse operating in New York.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining contacts with foreign shippers; -- the Company's financial condition, including its ability to continue as a going concern; -- the effect of the Company being in default on its indebtedness; -- the Company's ability to raise additional capital; -- the Company's reliance on key personnel and independent agents; and -- the Company's vulnerability to economic and industry conditions
Contact: Peter Nasca Peter Nasca Associates, Inc. Miami 305-937-1711 Chicago 312-421-0723
Posts: 108 | From: New Orleans LA | Registered: Jul 2006
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CYOP Systems Launches Affiliate Marketing Program at RedFeltGold.com; Program Aimed at Increasing Players at RedFeltPoker.com
July 25, 2006 06:00:09 (ET)
LONDON, Jul 25, 2006 (BUSINESS WIRE) -- RedFelt Software Ltd. (UK), a wholly owned subsidiary of CYOP Systems International Inc. (CYOS, Trade), a provider of online casino software and operator of games portals, is pleased to announce that it has started to market its website, www.RedFeltPoker.com to Affiliates.
The new site is called www.RedFeltGold.com, a place where partners can make money by simply promoting their high traffic websites.
Affiliates are existing qualified online web operators who wish to join the RedFeltPoker.com Network. Affiliates will receive between 25% and 50% of the Net Customer Loss. The Affiliate program will only be open to sites with above average traffic and who demonstrate an ability to market themselves progressively.
The Company will consider arrangements in which the affiliate is allowed to offer the Company services under its own brand if the benefits derived include greater market reach without fixed overhead costs. The Company is actively pursuing the expansion of these distribution programs both domestically and internationally.
Mitch White, CEO of CYOP, remarked, "The key to success in the aggregation of players within an online gaming network is identifying and offering multiple channels to customers who will participate in multiple methodologies of connecting to the network. Affiliate Marketing is integral to online casino marketing."
According to GamingPublic.com, IGaming is the fastest growing industry on the Internet. Global revenues will reach USD $15 billion in 2006, up from USD $10 billion in 2005 and USD $7.0 billion in 2004.
About CYOP
CYOP is a developer and provider of ecommerce transactional solutions and services for the IGaming industry. The Company's range of products and services include financial transaction platforms for on-line casinos, online gaming software, gaming websites, poker portals and integrated e-commerce transaction technology for on-line merchants.
This press release may contain forward-looking statements which are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming, risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on third party software providers, risks relating to international operations, and risks associated with competition.
Play Games. Win Games. Make Money. (TM)
SOURCE: CYOP Systems International Inc.
CYOP Systems International Inc. Ray Irvine, 778-881-1372 ir*cyop.org Copyright Business Wire 2006
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GameZnFlix, Inc. Announces Investment in London InternationalTelevision Ltd to Create ""The Business Channel""
Jul 25, 2006 07:30:38 (ET)
LONDON, Jul 25, 2006 (MARKET WIRE via COMTEX) -- GameZnFlix (GZFX, Trade ) and London International Television Ltd today announced an investment by GameZnFlix in LITV for the purpose of creating the "The Business Channel" to be broadcast on digital satellite later in 2006. GameZnFlix intends to purchase a 25% interest in LITV with the payment of $2,000,000 over the next year. In addition, GameZnFlix may invest up to an additional $10,000,000 to $25,000,000 within 12 months.
"We're excited about our investment in LITV and the opportunity to extend our company into the United Kingdom. Our relationship with LITV over the past few years has allowed both companies the chance to know and understand each other. This is another step in our business model of providing movies and games to our members through our core business model (postal delivery), but additionally of moving towards on-demand and other media," notes John Fleming, GameZnFlix CEO.
The two companies intend to produce a new channel to be aired in the United Kingdom. Focusing on the needs of British business owners and entrepreneurs to be better informed about the business of doing business, The Business Channel will be the leading component of a venture into this media space that the two companies believe is poorly served by mainstream and financial broadcast channels.
"Having had an interest in the growth and development of GameZnFlix during the last three years, I am delighted now that this new relationship continues to grow. The agreement with GameZnFlix will provide LITV with the opportunity to expand and direct its operations into a new arena, providing its present and future clients worldwide, a new route to the UK B2B and B2C markets, including a new dedicated broadcast and IPTV channel combined with other web-based commercial features," adds LITV's Martin Everard.
About London International Television Ltd
London International Television Limited (LITV) provides corporations with the opportunity to harness the power of television in a secure and controlled way, specializing in the production of documentary style corporate profiles into B2B and consumer markets in Europe, the Middle East, South East Asia, Pacific rim countries and North and South America.
About GameZnFlix
GameZnFlix is a company that offers video games/DVD movies for rental or purchase on the Internet with access to over 40,000 game and movie titles. With different membership levels beginning at $8.99 a month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games, DVD movie titles, books and audio books at a membership discount.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. GameZnFlix cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/ ). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact: PR Contact John Fleming GameZnFlix, Inc. Phone: 270-598-0385 Martin Everard London International Television Ltd Phone: +44 207 735 0101
W2 Energy Inc. Completes First Run Test of Materials Tuesday July 25, 7:38 am ET
NEW YORK, July 25, 2006 (PRIMEZONE) -- W2 Energy Inc., a developer of green energy, is pleased to announce it has concluded its first run of test materials in its plasma assisted biomass to liquid fuel test facility. Among those materials tested were peat, lignite (brown coal) and sewage sludge. ADVERTISEMENT
Mr. Michael McLaren states, ``We have completed first run tests of various feed stock in our plasma assisted biomass to liquid fuel plant with resounding results.'' He also stated, ``The tests showed that we are able to produce a quality liquid fuel product for as low as $0.14 per gallon or $5.88 per barrel base manufacturing cost.''
W2 Energy continues to push forward on the scale-up construction of our 100 BBD plant and feel confident the plant will be able to produce sample runs of product by Q1 2007. W2 Energy currently has approximately US$1.7B in production requests for their diesel product. With approximately 97 Million shares outstanding this translates to a per share book value of $17.50 per share.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity, at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner most if not all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral even using coal or peat as base fuel.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
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CFCJ .052 Consumers Financial Corporation Announces That It Has Formed an Alliance With Knowledge Market, Inc. to Source and Acquire New Technologies
July 25, 2006 08:00:50 (ET)
CEDARHURST, N.Y., Jul 25, 2006 (PRIMEZONE via COMTEX) -- Consumers Financial Corporation (Pink Sheets:CFCJ) is pleased to announce that the company has signed an agreement with Knowledge Market, Inc., a Silicon Valley-based provider of technology commercialization products and services. This agreement will assist Consumers Financial Corporation to discover and potentially acquire new and emerging technologies.
Knowledge Market sources technologies from leading research institutions such as the National Aeronautics and Space Administration (NASA), Ames Research Center, Jet Propulsion Lab (JPL), National Institutes of Health (NIH), Berkeley National Lab, Los Alamos National Laboratory, Lawrence Livermore National Laboratory, Oak Ridge National Laboratory, Stanford University, University of California, Berkeley, UCLA, Harvard University, Massachusetts Institute of Technology, Oxford University, Cambridge University, Tokyo University, various corporate research labs and from individual inventors with exceptional backgrounds in their respective domains.
Knowledge Market's mission is to locate and evaluate uncommercialized intellectual property (IP) with a view towards meeting specific market needs. Consumers, companies, and nations are inundated with new technology at a rate faster than at any time in human history. With approximately 70 percent of these new technologies going unlicensed, Knowledge Market provides an effective new approach for commercializing these technologies. For more information on Knowledge Market please visit their website at www.knowledgemarket.com.
"We are very pleased to be working with Knowledge Market to move the company forward by acquiring novel technologies from top tier global research labs," stated Jack Ehrenhaus, President of Consumers Financial Corporation.
About Consumers Financial Corporation: Consumers Financial Corporation is a diversified merchant banking and services company, which is focused on identifying and assessing the value of a variety of strategically positioned up-and-coming companies that are engaged in markets where significant growth and profits can be obtained.
Consumers successfully completed its first acquisition of a majority stake in GS Woodmere Group, Inc. (GSW), a premier New York based medical billing and collection firm with annual medical billing in excess of $15,000,000 per annum. GSW has increased top line revenue growth at greater than 20% in each of the last 4 years.
Safe Harbor This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
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CKYS 0.09 directors to buy up to five million shares of common stock directly from the open market.
ST. GEORGE, UT -- (MARKET WIRE) -- 07/25/06 -- CyberKey Solutions, Inc. (PINKSHEETS: CKYS) announced today that the Board of Directors has authorized its officers and directors to buy up to five million shares of common stock directly from the open market.
The Board's decision was based upon the various events that have already unfolded and what the Company believes will be happening in the near future as they continue the fulfillment of the Department of Homeland Security purchase order for $25,000,000.
"Our Directors feel that our shares are extremely undervalued at this time due to the orders we have already received. We entered 2006 with a large purchase order from the Department of Homeland Security for $25,000,000 and have already delivered half of that shipment," stated Jim Plant, CEO of CyberKey Solutions, Inc. "We expect to complete the entire order by the end of the year."
CyberKey Solutions, Inc. will soon be posting the Company's 1st and 2nd Quarter financials for 2006 on www.pinksheets.com. The Company previously announced that the Company had received another delivery release and was shipping another 30,000 CyberKey units, worth more than $4 Million, to the Department of Homeland Security. This is the second delivery of the total 150,000 unit purchase order submitted.
About CyberKey Solutions, Inc.:
CyberKey Solutions, Inc. recently received a $25 Million Dollar purchase order from the Department of Homeland Security. CyberKey Solutions is currently shipping their USB flash drives to the Department of Homeland Security as well as to all branches of the U.S. Military. CyberKey Solutions, Inc., based in St. George, Utah, partners with industry leading manufacturers and distributors to deliver secure USB drive based solutions to vertical markets and content owners, service providers and resellers. CyberKey solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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Press Release Source: First Guardian Financial Corporation
First Guardian Financial Corporation Completes First Round of its Previously Announced Share Buyback Program Tuesday July 25, 8:47 am ET
NEW YORK--(BUSINESS WIRE)--July 25, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury. ADVERTISEMENT
With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares.
The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure.
"We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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FGFC 0.0150 has completed the first round of its previously announced buyback program NEW YORK--(BUSINESS WIRE)--July 25, 2006--8:47:01 AM First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that the company has completed the first round of its previously announced buyback program. It has purchased 10 million common shares and will retire them to the company's treasury. With this first round of the share buy back plan, it will reduce the company's authorized shares to 142 million. The company will continue to acquire additional shares and retire them until it has reached the stated goal of purchasing 50 million shares, giving the company upon completion only 102 million authorized shares. The company will file the proper corporate resolutions with the Secretary of State, Delaware by the end of business next week. The company will also provide its Transfer Agent all corporate resolutions reflecting such reductions and the current share structure. "We are extremely pleased with the progress the company is making on all fronts of its business plan, within such a short period of time. Within a couple of months, we have been able to reduce the company's authorized share structure from 520 million authorized to 142 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We will continue to acquire/reduce the share structure to the previously announced share structure of 102 million authorized."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
KEYWORD: NORTH AMERICA DELAWARE NEW YORK UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE PRODUCT/SERVICE SOURCE: First Guardian Financial Corporation
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Coalition for Luggage Security Founder to Participate in Air Transport World's Luggage Security Webcast The Coalition for Luggage Security Founder & Chairman for the Coalition for Luggage Security & CEO of Universal Express Inc. (OTCBB: USXP), Richard A. Altomare, will participate in a luggage security webcast with Air Transport World. The webcast, "Don't Get Left Holding the Bag: Creating Value in the Airline Luggage Chain," will air on Thursday July 27 at 11am ET. Speakers include Satish Jindel, Transportation Specialist from SJ Consulting Group, Inc., David Tait, Senior Vice President/Customer Service for Air Canada and Moderator Aaron Karp, Senior Editor for Air Transport World.
The Coalition for Luggage Security Webcast will focus on such topics as luggage security, baggage handling, fuel costs, and solutions for security improvements. In addition, fifty airlines alone have registered for the impending webcast presentation. Richard A. Altomare says, "I am pleased to be a part of a dynamic airline forum to discuss innovative methods to return well-needed revenue back to our airlines."
Richard A. Altomare is Chairman of The Coalition for Luggage Security, which he founded in 2005 as an outgrowth of his long-time mission to help reform the way suitcases are handled. The Coalition is a voluntary partnership of prominent business leaders in the transportation and logistics industries arranged to debate innovative ideas for enhancing passenger and travel luggage security, with the goal of bringing these new ideas to the attention of the Department of Homeland Security, the U.S. Congress and the White House.
The Coalition for Luggage Security was established to ensure the safety of travelers through alternate means of luggage transportation. The Coalition consists of prominent businesspersons and companies that educate the public, Congress and the Administration on the importance of solving the luggage and cargo safety issues that exist in airlines and airports.
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.
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SITG 0.03 has entered into an exclusive agreement with Science Applications
>NEW YORK, July 25, 2006 8:45:19 (PRIMEZONE) -- Security Intelligence Technologies, Inc. (OTCBB:SITG) today announced the its subsidiary, Homeland Security Strategies, Inc. (HSS) has entered into an exclusive agreement with Science Applications International Corporation ("SAIC") to market its bomb jamming product line in Pakistan.
SAIC, a $2 billion company, is a provider of scientific, engineering, systems integration and technical services and solutions to U.S. federal, state and local government agencies and foreign governments.
HSS's Bombjammer(tm) product line provides protection against the use of remote controlled improvised explosive devices, commonly used in terrorist attacks, and also obstructs enemy and terrorist methods of communication.
"We are pleased to have the opportunity to team with SAIC, a world leader in providing security solutions. The security needs in Pakistan are well known to the security community. This agreement provides us with a great opportunity to further penetrate the Asian security market and to promote our products through a highly respected organization," stated SITG's CEO Ben Jamil.
About Security Intelligence Technologies, Inc.
Security Intelligence Technologies, Inc. and its subsidiaries, design, develop, manufacture, market and distribute leading edge solutions and advanced proprietary systems for the counterterrorism, surveillance, counter-surveillance markets worldwide through its corporate website, international seminar program and through its offices located in New York, Miami, London and Sofia, Bulgaria. SITG's product line and security technologies are currently distributed throughout the U.S., Europe, Asia, the Middle East and Latin America and are marketed under the names Security Intelligence Technologies, and Homeland Security Strategies.
Safe Harbor Statement
Statements in this press release and oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf may 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. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "expects," "intends," "may," "should," or "anticipates" to be uncertain forward-looking statements. 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, including the material under "Risk Factors" in the Company's Form 10-KSB for the year ended June 30, 2005 and the material under Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's Form 10-K for the fiscal year ended June 30, 2005 and Form 10-QSB for the quarter ended March 31, 2006. Information on SITG's corporate website or any other website is not a part of this press release.
Analyst/Investor kits and showroom tours available upon request. For more information see SITG's websites at: www.secintel.com and www.bombjammer.com.
CONTACT: Security Intelligence Technologies, Inc. Richard Coe Chris Decker (914) 654-8700
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NINGBO, CHINA -- (MARKET WIRE) -- 07/25/06 -- Dragon International Group Corp. (OTCBB: DRGG), one of China's leading manufacturers and distributors of specialty paper products and packaging materials, today announced that it has entered a one-year contract with Hunan Prince Milk Group to supply 600 tons of 2-layer high performance food packaging aluminum compound paper, a newly developed packaging product by Dragon International Group. The one-year contract is valued at approximately $3 million.
Dragon International Group attended the public bidding conference held by Hunan Prince Milk Group for choosing its supplier. Dragon International Group won the bid by offering the newly developed product. The new product consists of 2-layer high performance food packaging aluminum compound paper developed by Dragon International Group by using the latest technology. According to the feedback from the Hunan Prince Milk Group after the test of our new food packaging aluminum paper, our newly developed packaging product reduces 20% of material cost by 20% and production consuming energy by 15 to 20%, which help the milk producer lower their costs of finished milk products on 2 fronts.
Mr. David Wu, CEO and Chairman of Dragon International Group, stated, "We are thrilled to win this contract. Hunan Prince Milk Group is one of the major diary product manufacturers in China. Since we have become a qualified supplier of Hunan Prince Milk Group, we believe we can gradually expand our market share in the high-end food packaging industry in China. We believe this contract represents another tremendous growth opportunity. This is a milestone in our continuing efforts to diversify our packaging businesses into food and pharmaceutical packaging sectors that have higher profit margins historically."
About Dragon International Group Corporation
Dragon International Group Corp (OTCBB: DRGG) owns 100% interest in Ningbo Anxin International Company, Limited ("Anxin"). Anxin, established in 1997, is located in Ningbo, Zhejiang Province, China, approximately 200 miles south of Shanghai. Anxin is one of leading China's manufacturers and distributors of specialty paper products and packaging materials. Anxin is operating as a manufacturer and distributor of paper and integrated packaging paper products. Anxin, through a subsidiary, holds an ISO9000 certificate and national license to import and export products. In addition to its own operations, Anxin operates four subsidiaries, including: (i) Jiangdong Yonglongxin Special Paper Company, Limited, (ii) Hangzhou Yongxin Paper Company, Limited, (iii) Ningbo Xinyi Paper Product Industrial Company, Limited, and (iv) Xianyang Naite Research & Development Center. Anxin has a distribution network covering east and central China. Dragon and its subsidiaries have cultivated strategic relationships with several of the world's largest and well-known manufactures of paper and specialty packaging products. Fore more information, please visit http://www.drgg.net.
Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited financial resources, domestic or global economic conditions, especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.
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HONG KONG--(BUSINESS WIRE)--July 25, 2006-- Enjoy Media Holdings Limited (OTC:EJYM) announced today that it has signed an agreement to acquire 100% of Shanghai Super Media Advertising Limited ("Super Media"). The total consideration, US$18,750,000, is to be settled by restricted common shares of Enjoy Media subject to satisfactory due diligence. The acquisition enables Enjoy Media to expand its current outdoor advertising business in Shanghai, which is the top advertising market in China with a turnover of US$3.33 billion in 2005. Enjoy Media is expected to boost its revenues by US$3,000,000 with a net profit of US$1,250,000 in the next 12 months. Super Media is a wholly owned subsidiary of Shanghai Champs Elysees Advertising Limited (www.champselysees.com.cn), a Shanghai based company with two main businesses -- magazine publication of Champs Elysees, a popular fashion magazine in China, and outdoor advertising services. Super Media manages the outdoor advertising business and it is the sole agent for the advertisements on more than 3,600 public telephone booths around the city of Shanghai. In 2006, it further developed large-scale LED outdoor billboards in Shanghai's Pudong district, which is China's leading financial hub and a popular tourist destination.
About Enjoy Media Holdings Limited
Enjoy Media is a media advertising and marketing company based in Guangzhou, China. It operates a diversified portfolio of media and marketing businesses in the southern China region including: outdoor advertising, TV programs, internet media and corporate marketing. It seeks to grow its business by acquiring and operating other complimentary media and advertising businesses across China. For information on the full range of businesses of Enjoy Media, please visit http://www.enjoymedia.com.
Forward looking statement
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.
KEYWORD: ASIA PACIFIC CHINA HONG KONG INDUSTRY KEYWORD: COMMUNICATIONS ADVERTISING MARKETING MERGER/ACQUISITION SOURCE: Enjoy Media Holdings Limited
CONTACT INFORMATION: Enjoy Media Holdings Limited Mr. Zhongwen Chen, (86)20-87601877 Fax: (86)20-87752697 ir*enjoymedia.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DynTek Awarded Statewide REMC Cooperative Purchasing Agreement for Cisco Products and Services PR Newswire - July 25, 2006 07:31
IRVINE, Calif., July 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- DynTek, Inc. (OTC Bulletin Board: DYNK), a leading provider of professional technology services, today announced that the Regional Educational Media Center Association of Michigan (REMC) awarded the company a two-year contract for Cisco network products and related items.
Through a competitive bid process, DynTek was selected as the exclusive preferred provider of Cisco products for K-12 educational institutions, state and local government agencies, libraries and universities throughout Michigan. The REMC Statewide Cooperative Acquisitions Project provides large volume bid prices on a variety of educational resources. As a result of this REMC Statewide Project, local schools in Michigan saved more than $32 million in 2005.
"This contract presents government and educational institutions throughout Michigan with cooperative purchasing power usually afforded to only high volume orders," said Wade Stevenson, DynTek's regional vice president. "In turn, due to the large volume of orders represented by this contract, DynTek was able to offer aggressive pricing, coupled with superior service that set us apart from the competition. We are looking forward to leveraging this contract vehicle to expand our footprint throughout the state."
DynTek is a leading provider of professional technology services to mid-market customers, such as state and local governments, educational institutions and commercial entities in the largest IT markets nationwide. The company offers technology practices in IT security, advanced network infrastructure, voice over internet protocol ("VoIP"), and access infrastructure. DynTek's multi-disciplinary approach allows our clients to turn to a single source for their most critical technology requirements. For more information, visit www.dyntek.com.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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HOUSTON--(BUSINESS WIRE)--July 25, 2006--9:01:00 AM Pangea Petroleum Corporation (OTCBB:PAPO), announced today results from its well in Brazoria County, Texas. This project is a 4,000' well recompletion in the Miocene sand. The well workover was completed in late June and the well is producing at a rate of 250 MCFD from the current interval. The interval is maintaining a 1300 psi tubing pressure and will be held at this controlled rate to evaluate the ability to continue to produce with very low water production. Pangea has a 7.0% working interest, which represents a 5.25% net interest in the prospect. "The well log indicates that this well has at least two, and as many as four, additional zones to complete, which will be done sequentially when the current zone is no longer economic. In addition, the prospect area has at least two more potential locations for new wells. Further drilling will be evaluated after obtaining some production history from the current well," noted Mark Weller, President of Pangea. "It looks like this well will fit nicely into our portfolio for several years and will be further enhanced if additional locations can be developed and drilled in the next few months." Pangea Petroleum Corporation (www.pangeapetroleum.com) is a Texas-based independent diversified crude oil and natural gas exploration and production company. Pangea's primary focus is to explore for, produce and sell oil and natural gas by establishing production reserves through exploration and acquisitions. Pangea's niche or specialty is the small or moderate operations that do not fit the strategy of the larger oil and gas producers, but are none-the-less contributors to the US energy supply. Special Note: Management believes certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the company prior to its current fiscal year end, as well as from developments beyond the company's control, including changes in global economic conditions that may, among other things, affect the company's performance anticipated acquisitions or future business. In addition, changes in domestic competitive and economic conditions may also affect performance of all significant company businesses
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS SOURCE: Pangea Petroleum Corporation
CONTACT INFORMATION: Pangea Petroleum Corporation, Houston Charles B. Pollock, 713-706-6350
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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MONTVALE, NJ -- (MARKET WIRE) -- 07/25/06 -- 9:00:39 AM Isbre Holding Corp. (PINKSHEETS: ISBH)announced today that it has entered into a Distribution Agreement with Penn Distributors, Inc. for distribution of Isbre bottled Norwegian glacier spring water. The five-year exclusive agreement covers Chester, Philadelphia and lower Montgomery counties in Pennsylvania. Isbre earlier announced an agreement with Gretz Beer for distribution in Berks, Bucks, Delaware and upper Montgomery counties.
Penn Distributors, Inc., founded in 1963, is managed by President and CEO Matt Funchion and employs more than 125 people. Penn Distributors is a wholesaler for Anheuser-Busch and several other international and micro brew brands. From its distribution center in Philadelphia, Penn supplies 2,136 retail licensees. The agreement with Isbre marks the first bottled water in the Penn Distributors inventory of products.
Isbre Holding Corp. is a producer, distributor and marketer of bottled water and bulk water. Isbre's water source is a glacier-fed spring located at the end of the Hardanger fjord on the west coast of Norway. Isbre holds the trademark right to put the logo "The World's Best Drinking Water"® on its labels. The company currently bottles its water in Norway and sells it in the U.S., Canada and Europe. Isbre is in the process of establishing a bottling facility in a port city in the Northeast United States. The company will ship its water in tanker ships directly from its springs in Norway to the U.S. bottling facility. The company is also seeking other global areas of sales for its water products.
Cautionary Statement under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this fact sheet contain information about the Company's future business prospects. These statements may be considered "forward-looking" and are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward-looking statements.
Contact: Isbre Holding Corp. 50 Chestnut Ridge Road Suite 119A Montvale, N.J. 07645 Stevan A. Sandberg President sandberg*isbre.com tel: 201.802.0005 fax: 201.802.0006 mobile: 856.294.7100
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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LAKE HARMONY, PA -- (MARKET WIRE) -- 07/25/06 -- Mobilestream Oil, Inc. (PINKSHEETS: MSRM), in accordance with its master licensing agreement with Carbon Recovery Corporation, has begun receiving royalty payments from Carbon Recovery. To date, Mobilestream has received four hundred sixty seven thousand dollars ($467,000.00) in income in the form of royalty payments. These payments represent the beginning of what the company anticipates will be a long string of continually increasing payments as the company's proprietary technology continues to be developed and commercialized.
Mobilestream Oil has perfected a means to apply microwave energy in a novel, patent pending process, which can potentially revolutionize the oil and gas industries and help reduce dependence on foreign oil.
Other active stocks are SanDisk Corporation (NASDAQ: SNDK), Applied Micro Circuits Corporation (NASDAQ: AMCC) and Atheros Communications, Inc. (NASDAQ: ATHR).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $595.00 for the publication and circulation of this report. Certain information included herein is forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PBLS (.026) Announces Promotions and New Business Relationships Jul 25, 2006 5:30:00 AM
NEW ORLEANS, LA -- (MARKET WIRE) -- 07/25/06 -- Phoenix Associates Land Syndicate (PINKSHEETS: PBLS), a holding company with assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries, makes the following announcements regarding internal promotions and new business relationships to facilitate the ever increasing management needs to bring about the successful pursuit of the interests of Phoenix shareholders and the Phoenix Board of Directors.
Ron Blackburn has been promoted to Chief Operating Officer of Phoenix Associates and will continue to be Director of Acquisitions and Business Development. Mr. Blackburn will work with the various Phoenix businesses, managers and directors in an effort to enhance and improve the operations, growth and profitability of each entity.
Johnson, Johnson, Barrios & Yacoubian, a Louisiana Law firm, has been retained to represent the various business interests of Phoenix. Alan Yacoubian and his team will work to secure the interests of Phoenix and its shareholders.
John Burge, the President of ProGas, Inc., has been promoted to Director of the Phoenix Oil and Gas Division. Mr. Burge will handle all business growth and the facilities of this division.
Roy Plessala has been promoted to Director of ProGas and is charged with the responsibility to develop and grow the gross revenues of ProGas to $1,000,000,000 over the next year with a target of $3,000,000,000 in gross revenues in the near future.
Tommy Walker, a licensed weighmaster at the Murphy Sand & Gravel (MS&G) business unit of Phoenix, was promoted to Operations Assistant reporting to Dennis Kowalski, Vice President of Operations of Phoenix. Mr. Walker just received a degree in Business from Southeastern Louisiana University.
Ron Omilian, owner of United Soils of Michigan, is now directing the interests of United Soils of Louisiana, a registered trade name for Phoenix Associates Land Syndicate. Mr. Omilian is overseeing and directing the excavation process for the MS&G mining operation, located in Pearl River, Louisiana. United Soils of Louisiana is working in conjunction with Ponchartrain Materials Corporation and Lakeshore Materials to excavate the 820-acre leasehold, to increase production of the mining operations to keep pace with the need for adequate material to satisfy sales demand, and to develop work areas that can be used for sand and gravel operations at MS&G.
Phoenix is working with Arnold Roge of Superior Concrete Crushing, L.L.C. to develop the mining interests at MS&G. Phoenix is anticipating many exciting developments in this business unit over the next few months.
Johnny Zornes has been moved to position of Presidential Assistant to Paul Alonzo, from Director of Bayou State Trucking. Mr. Zornes is now charged with bringing additional business opportunities to the Phoenix divisions in a sustained program to grow Phoenix interests.
Raymond Osman has been appointed General Manager of Bayou State Trucking. He is responsible for the growth of Bayou as it seeks to meet the needs created in the aftermath of Hurricane Katrina. Mr. Osman is currently moving as many as 250-300 trucks per day through the MS&G facility to meet the needs of the US Army Corp of Engineers and other customers. His overall trucking operation handles about 300-350 trucks per day, with Bayou State Trucking expecting to bring at least $5,000,000 in gross revenues to the Company.
20/20 Exhibits, under the direction of Pete Babine and Becky Harrison, has created an excellent new website for shareholders to learn more about Phoenix. 20/20 Exhibits is also developing exhibit booths for the Phoenix Companies to be set up at various trade shows throughout the country.
Gulf Coast Business Credit, a division of Gulf Coast Bank & Trust Co, has provided the Company with a funding source to develop its directional drilling activities. This new banking relationship promises to be a convenient source of Phoenix development capital and future revenue.
Phoenix has hired Humberto Meza to develop the rock creations provided through 3-D Creations, a Phoenix trade name, while working under the direction of Mark Dishon, President of 3-D Builders, Inc. a Phoenix company. Phoenix also now represents RicoRock of Orlando, Florida, providers of a preferred method of swimming pool waterfall construction.
Tom Wilson, of Energy Investments, L.L.C., has been working with leadership of Phoenix to identify potential business transactions and funding vehicles, a few of which are likely to become announceable during Q3. Mr. Wilson was instrumental in the Company's new relationship with Gulf Coast Business Credit.
John Barksdale, President of Rome Oil & Gas and Mid South Resources, is charged with the responsibility to develop the Company's drilling interests in Nevada, Wyoming, Kentucky and Tennessee.
Don Sealy, as Co-Manager, continues to develop the interests of TCB Properties US, Inc., while Dennis Scherdt and Bryon Ross continue to advance the interests of Phoenix through Ann Arbor Pools and Great Lakes Pool Plastering.
Osprey Partners, through the investor relations efforts of Mike Mulshine and Mike Cunniff, continues to represent the interests of Phoenix stockholders through the dissemination of proper information and working hard in clearing up any false rumors. Phoenix is very grateful to the two Mikes for their efforts.
Mira + Kolena, a full-service CPA and consulting firm, continues to work with leadership of Phoenix to provide audited financial statements for the Company and its shareholders.
Paul Alonzo, President and CEO of Phoenix Associates, stated, "The three Texas-based oilfield services companies acquired in May 2006 from Sam Henley and David Bolton -- Sam's Oil Country Inspection Services, Inc., CM Ideal Energy, Inc., and Ideal Energy Directional Drilling Services, Inc. -- are operating above original projections, and promise to have a number of outstanding developments that may warrant announcement later this summer."
Mr. Alonzo commented additionally, "We are moving fast to develop Phoenix and the interests of our shareholders. We originally started with a 3-4 year development plan for Phoenix, as most of you already know, and we are down to approximately two years to go on our schedule to complete and fulfill our original objectives. We at Phoenix hope our supporters are enjoying our philosophy of growth, 'to buy, buy, buy and then to buy some more.' All indications are that this growth strategy is working well for us and we look for a bright future for Phoenix and all our shareholders."
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with hundreds of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz
Forward-Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
Contact: Osprey Partners Mike Mulshine 732-292-0982 osprey57*optonline.net
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Mobile Ready Entertainment Corp. Closes Acquisition With Key2Travel Inc. Tuesday July 25, 7:30 am ET
MBRN Announces Close of Acquisition Transaction With Las Vegas Travel Entertainment Company
STROUDSBURG, PA and LAS VEGAS, NV--(MARKET WIRE)--Jul 25, 2006 -- Mobile Ready Entertainment Corp. (OTC: MBRN) is pleased to announce that it had signed and closed the definitive acquisition documents with Key2Travel Inc. in a deal that brings product, personnel and a good balance sheet to the Company.
"Today represents one of the most significant steps in Mobile Ready's formation," said Josh Eikov, CEO of Mobile Ready Entertainment Corp. "Mobile Ready is now on its way to becoming not only one of the largest entertainment and travel companies, but one with a service offering we believe is far more comprehensive and strategic than any other in the marketplace with offerings that span games, concierge services, and other mobile lifestyle products."
Key2Travel offers personal concierge services that assist with planning and arranging destination activities. For a traveler, K2T provides the ability to pre-plan destination activities prior to arrival through a single, easy to navigate web site or via a staffed call center. For corporations, K2T delivers unique value-add employee benefit programs, alternate revenue centers, and expense control. For travel suppliers, K2T is a much-needed differentiator in a competitive industry.
"We cant wait to get involved with MBRN and the lifestyle platform that they are building," Erick Rodriguez, Key2Travel CEO and newly appointed SVP Business Development of MBRN said.
Key2Travel finished fiscal 2005 with $2.6M in sales unaudited and recorded an unaudited gross profit of $674,000. The first 2 quarters of 2006 have K2T with unaudited sales of $650,000. The terms of the acquisition were not disclosed.
About Mobile Ready Entertainment Corporation
Mobile Ready Entertainment Corporation is a wireless and media holding company specializing in the entertainment and educational vertical market segments. Through our subsidiaries we will develop, market and sell wireless application software and entertainment-based content for mobile devices. Our value proposition is to unlock, integrate and seamlessly deliver all types of data to wireless devices, whether streaming movies, music video or television content and digital radio delivery to the growing consumer market via channel and content partners -- anytime, anywhere. We deliver these products and services globally across most of the major cellular networks and prominent wireless device operating systems. For more information about Mobile Ready, please visit its website at www.mymobilereadyec.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained or incorporated by reference in this website that are not historical facts (including without limitation statements to the effect that Mobile Ready Entertainment Corp. (the "Company" or "Mobile Ready") or its management "believes," "expects," "anticipates," "plans," "intends," "foresees," or other similar expressions) are forward-looking statements. These forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company.
There can be no assurance that future developments affecting the Company will be those anticipated by the Company. All comments concerning the Company's expectations for future revenue and operating results are based on the Company's forecasts for existing operations and do not include the potential impact of any future acquisitions. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control) and assumptions.
Contact:
Mobile Ready Entertainment Corporation Joshua Eikov 570-269-8303 josh*mymobilereadyec.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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U.S. BioDefense, Inc. Signs Letter of Intent to Acquire Emergency Disaster Systems Inc.
CITY OF INDUSTRY, Calif., July 25 /PRNewswire-FirstCall/ -- U.S. BioDefense, Inc. (OTC Bulletin Board: UBDE) announces that it has signed a Letter of Intent to Acquire Emergency Disaster Systems, Inc. (EDS), a forerunner in disaster preparedness.
EDS was originated in 1989 to provide earthquake preparedness supplies to communities through out California. The company began by providing individual preparedness kits that have evolved into Emergency Medical Services (EMS) support and mass casualty rapid response systems. Today the company serves communities, governments, industries and Fortune 500 companies around the world with innovative emergency preparedness technology.
"We are excited to inform our investors of our entry into the early disaster preparedness industry. Acquiring EDS and collaborating closely with their key personnel will allow us to make a quick and significant impact in the disaster preparedness and recovery industry," said David Chin CEO of U.S. BioDefense.
Mr. Chin went on to say, "EDS will allow us to expand our Homeland Security division, by focusing on the mitigation, preparedness, response, and recovery from all forms of terrorist attacks and natural disasters."
About U.S. BioDefense, Inc.
U.S. BioDefense is a Department of Defense central contractor that researches, develops, and commercializes homeland security and leading-edge biotechnology. U.S. BioDefense, Inc. is focused on transferring, researching, and commercializing groundbreaking technology from Universities, Research Labs, Fortune 500 Companies, and Government Agencies.
About Emergency Disaster Systems, Inc.
Emergency Disaster Systems is a leading provider of disaster mitigation services, emergency preparedness, and first response products to local communities, government agencies and Fortune 500 companies. Emergency Disaster Systems is committed to the protection of our children's lives and communities from the devastating aftermath of a catastrophic event. Contact:
David Chin
U.S. BioDefense, Inc.
626-961-0562
SOURCE U.S. BioDefense, Inc.
Contact Information: David Chin of U.S. BioDefense, Inc., +1-626-961-0562
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IBCX (.0043) Reports revs and updates shareholders Business Editors
NEW YORK--(BUSINESS WIRE)--July 25, 2006-- IBAC Corporation (PINK SHEETS: IBCX) today reported revenues for the month of June of $702,246.87 these revenue figures are based upon internal records and have not been verified by the company's independent accountants and auditors. The company has had several inquiries regarding the current share structure of the company; it has not changed and is as stated on the company website www.ibaccorp.com under corporate info. The company has not filed for any new 504/Reg D to increase the share structure or to sell any new shares into the market; this also can be verified at www.sec.gov. The company has still not completed its Financial Statements due to a combination of reasons, we are working with our current auditors to get them done, we have set a definitive dead line and if they are not completed we have a back up plan that we will implement by the end of the month. The company continues to look at additional acquisitions and additional ways to increase revenues as we have not lost sight of our plans of becoming a fully reporting company with significant revenues and assets. All of the stated assets of the company are real with title being held in the company's subsidiaries names and are all a matter of public record within the States we operate Arkansas, Tennessee and Florida, The Company provides employment for over 150 people that work at our properties, work with pride and management appreciates their loyalty and hard work. Over the past month or so the company has made extensive improvements to its Memphis Hotel property thus increasing its value to approximately 4.8 to 5.2 Million Dollars a significant gain in equity considering we purchased the property for 1.9 Million about a year ago. We are also spending monies for improvements at our other locations thus enhancing there equity also. "The Company is alive and well and we intend to fulfill our dreams and aspirations regardless of what it takes, the company has real assets, real employees and real revenues and regardless of any obstacle we expect to achieve our goals, we are discouraged that our audited financial statements are not yet done, but we will prevail and get them done," said Wayne Burmaster, President, IBAC Corporation. Mr. Burmaster also stated, "we are still here doing business and are not going away, we will achieve our stated goals regardless of time or hurdles put before us, if any shareholder wants to speak regarding questions or concerns please feel free to contact me at my personal email: w.burmaster*ibaccorp.com and I will answer you as soon as I can."
IBAC Corporation is a New York-based holding company operating through its subsidiaries within the Hotel, Food Service & Restaurant industries. IBAC now has operations in Florida, Tennessee & Arkansas. For more information, please visit: www.ibaccorp.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: TRAVEL LODGING PROFESSIONAL SERVICES FINANCE RETAIL FOOD/BEVERAGE RESTAURANT EARNINGS SOURCE: IBAC Corporation
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SMMW 0.0002 >> released a statement that ********** will receive information regarding the Company's stock made available for the first time July 26, 2006 under SEC regulation SHO. DENVER, CO -- (MARKET WIRE) -- 07/25/06 --9:05:07 AM Summus Works, Inc. (PINKSHEETS: SMMW) released a statement that ********** will receive information regarding the Company's stock made available for the first time July 26, 2006 under SEC regulation SHO. The information detailing short sale activity in the Company's stock will be subsequently presented in **********'s Summus Works updated report in line with the Company's VVV awareness policy.
"Updated NOBO/OBO information in conjunction with our continued relationship with ********** and now our participation in Jack Donnelly's short seller program shows our level of commitment to proactively enhancing shareholder value and affecting the rise in price per share necessary to execute pending and future mergers and acquisitions," said Summus Works President Dan Burgess, referring to the Company's decision last week to retain the services of Denver-based Executive Registrar & Transfer, Inc.
Summus Works, Inc. (PINKSHEETS: 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.
Investor Relations Contact: SmallCapVoice.com Stuart T. Smith 512-267-2430 Email Contact
Company Contact: Summus Works, Inc. Dan Burgess 888-607-9495 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Abazias Sales Increase 49% with Preliminary Second Quarter Results Business Wire - July 25, 2006 9:00 AM (EDT)
GAINESVILLE, Fla., Jul 25, 2006 (BUSINESS WIRE) -- Abazias (OTCBB:ABZS) is pleased to announce preliminary second quarter sales for 2006 of $1.1 million. In addition, the gross profit margin increased to 21% for a total of $236,000. Net income for the period was $66,726, versus a loss of $25,933 from the same period in 2005. Please note, these are preliminary unaudited figures, subject to revisions based on returns and normal final accounting adjustments by auditors, and do not include any non cash expenses.
Commenting on the expected results, Oscar Rodriguez, CEO of Abazias, had this to say, "While we are obviously pleased with these figures, we know that exponential growth is just around the corner. We are moments away from unveiling new technology on our enhanced website that will take Abazias to another level. The new infrastructure and aesthetics will impact our visibility and credibility in the marketplace, setting a few precedents along the way - all in time to impact holiday sales."
Activities for 2006 include investor relations through professional associations including SmallCapVoice.com, and investor relations with road show luncheons in key markets. Additionally, Abazias continues to promote the company through consumer public relations and strategic marketing alliances with Paris Hilton Limited Edition Watches.
Abazias.com has created a strong customer following based on customer service and site innovations that let shoppers create their own jewelry. In addition to delivering quality diamonds at wholesale prices, Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased.
Abazias.com showcases over 80,000 diamonds, valued at over $350 million on its site at www.abazias.com. Most of Abazias.com's diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond(R)," which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.
This press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Abazias
SmallCapVoice.com Investor Relations (IR Contact) Stuart T. Smith, 512-267-2430 SSmith*SmallCapVoice.com or Kollaras Communications (PR Contact) Rebecca Kollaras, 305-754-5949 Rebecca*Kollaras.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Friendly Energy Drilling Update: North Asher No. 1 Prospect PrimeZone Media Network - July 25, 2006 9:00 AM (EDT)
By Staff
CARSON CITY, Nev., Jul 25, 2006 (PRIMEZONE via COMTEX) -- Friendly Energy Corp. (Pink Sheets:FDEG) reports today that the drilling has attained a total depth of 2600 feet to date. The total depth to reach the target formation is approximately 4600 feet. The company's joint venture partner, D-Mil Productions reports that the well logging process is anticipated to commence as early as Friday, July 28th and as late as Monday, July 31.
The company also reports that it has contracted with Jerry Scott Drilling to provide the Drill Rigs to drill an additional four wells every two weeks commencing October 1st 2006. The subsequent drill dates are expected to be: October 15th 2006, November 1st 2006 and November 15th 2006. "The company is very pleased to announce that the drilling of this well has progressed to the current depth without delay," stated company President Douglas Tallant. "We anticipate reaching the target formations within the next 7 days."
Friendly Energy is committed to the exploration and development of its prospects to take advantage of the current market pricing in the price of oil and gas by developing undeveloped reserves with little downside risk.
The Asher No. 1 Prospect is located on the western edge of the giant St. Louis oil field in Pottawatomie County, Central Oklahoma. The St. Louis field has produced over 300 million barrels of oil and 26 billion cubic feet of gas from reservoirs of the Earlsboro sand (Pennsylvanian), Hunton and Viola.
Estimated reserves for the Asher prospect are indicated to be 350,000 barrels of oil.
Friendly Energy is a development stage company in the Oil and Gas Exploration Industry.
This news release contains information that is "forward-looking" in that it describes events and conditions, which Friendly Energy Inc. ("FDEG") reasonably expects to occur in the future. Expectations for the future performance of the business of FDEG are dependent upon a number of factors, and there can be no assurance that FDEG will achieve the results as contemplated herein and there can be no assurance that FDEG will be able to conduct its operations or production from its properties will result from or continue as contemplated herein. Certain statements contained in this report using the terms "may," "expects to," and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond the Company's ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. FDEG disclaims any obligation to update any forward-looking statement made herein.
Friendly Energy Corp. Douglas Tallant, President (702) 953-0411
(C) 2006 PRIMEZONE, All rights reserved.
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Victory Energy Corporation and George Sharp Reach Legal Settlement Market Wire - July 25, 2006 9:08 AM (EDT)
LOS ANGELES, CA -- (MARKET WIRE) -- Jul 25, 2006 -- In a joint announcement released today, Jon Fullenkamp, CEO of Victory Energy Corporation (OTCBB: VTYE), and George Sharp, former CEO of Victory Capital Holdings Corporation, announced that a legal settlement had been reached.
The Orange County Superior Court in Santa Ana, California approved the settlement during a hearing of the case held on July 24, 2006. This ends any future litigation between the parties; the terms of the settlement are not to be discussed by either side.
"George and I agreed to meet with a view to ironing out our differences in the best interest of the Victory Energy shareholders," said Mr. Fullenkamp. "We aired our grievances and came to a mutually acceptable resolution. With this issue now behind us, Victory Energy can return its full attention to delivering results on the important projects that are currently underway."
About Victory Energy Corporation: Victory Energy Corporation (http://www.vtye.com) is a publicly traded, developmental stage petroleum company primarily dedicated to energy related opportunities. The Company goal is to evaluate profitable options, develop a solid foundation through leadership and sound business acumen, and acquire producing wells as well as other potentially profitable prospects within the Oil & Gas Industry.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements.
Contact: Victory Energy Corporation Investor Relations Lynne Folks (949) 348-0213
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Information Architects Completes the Acquisition of Tiosam.com Market Wire - July 25, 2006 9:08 AM (EDT)
FT. LAUDERDALE, FL -- (MARKET WIRE) -- Jul 25, 2006 -- Information Architects (OTCBB: IACH), a leader in online information solutions, today announced that they have completed the acquisition of TioSam.com (www.tiosam.com). Details of the acquisitions have not been released.
Intent to acquire Tiosam was announced on June 13, 2006. This acquisition will provide Information Architects with the infrastructure and portal required for extending products and services to the Latin population. With this acquisition, Information Architects will immediately become a major international player in Global Communications through the distribution of information via the web and IPTV.
"Concluding this acquisition is an important milestone in confirming Information Architects credentials as a leader in Next Generation Online Solutions. We are confident that the addition of Tiosam will not only benefit our community of customers, but will attract new customers who will in turn benefit from Information Architects portfolio of products and services," said Todd K. Morgan, CEO of Information Architects.
"Information Architects has solidified its position as an online solutions provider. We are moving forward on our initiative to gain market share by extending our reach to a larger demographic. Tiosam's portal is the most popular online community in Brazil which gives us an immediate advantage and customer base. We will quickly move to expand our operations through this marketplace," stated Jon Grinter, President of Information Architects.
About Tiosam.com
TioSam (www.tiosam.com) contains 121,000 pages of information within the web site with numerous Internet chat and web communities. Content offered by TioSam varies from travel reports to world news and sport articles. TioSam is the largest web portal in Brazil and records an average of 1.2 million unique hits per week. Currently TioSam supports multiple languages and plans to expand service to 35 other languages and countries over the next 2 years.
About Information Architects 1 IA (www.ia.com) and its affiliates have been developing, delivering and supporting products that fulfill specific needs in a wide variety of industries. These solutions have been delivered over the web and are intended to reach a wider audience that would not normally have access to these services. Through its portfolio of companies IA is able to expand its reach to a larger and more diverse audience. Information Architects has recently expanded its operations to a variety of industries by offering a more comprehensive list of products and services gained through recent acquisitions.
Release Disclaimer
The statements contained in this press release contain certain forward-looking statements, including statements regarding Information Architect's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to Information Architect's management as of the date hereof and actual results may vary based upon future events, both within and without the control of Information Architect's management.
For more information, please contact: Jon Grinter 954-561-7321 Or Media Relations Collette Clarke collette*retailport.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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