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QTCE (.0021)Receives Excellent Response to Friction-Free Marketing Concept >LONDON, July 27, 2006 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QTCE), software developer for marketing communications, announced today that Quantech has received excellent responses from its key clients to a presentation of its new "friction-free" marketing system, currently under development.
In a presentation of the system's concept for several major clients, Quantech demonstrated key features of its new sales-first marketing system, currently under development. The new system will offer several important benefits, including streamlined marketing communications and loyalty programs, reduced lead times and increased customer lifecycle value.
"Our clients were very enthusiastic about concepts underlying the system. The new system will give them a marketing view of their customers that is simple to implement and administer at their end, yet creates a highly personalized online experience for their own customers. The new system will make it easier than ever for customers to adopt products and services online, which will have an enormous effect on marketers' ability to scale their operations and grow. Quantech expects to launch the new system later this year," explained Liat Matilsky, CEO of Quantech.
Using sophisticated behavioral marketing models to personalize customer marketing communication campaigns, Quantech's new system adapts marketing communications to each customers' preferred channel or media, based on each customer's individual online behavior patterns of interactions.
"Until now, automation and customization were two mutually exclusive terms. Quantech's new system changes this. With its innovative approach, the new system will allow marketers to plan and implement online marketing campaigns of all types throughout the customer lifecycle. The new system will create personal marketing offers that are delivered to each customer, according to their needs and wants, their preferred timing, and preferred media," adds Matilsky.
About Quantech
Quantech Electronics Corp. is a web-based software development company based in the UK that offers development services focusing on web-based desktop communication tools, call center support tools, and development packages designed to enhance the effectiveness of web-based advertising and instant messaging. Quantech Electronics Corp. develops powerful, easy-to-use software that enhances the effectiveness and efficiency of its customers' online and offline businesses. Driven to provide comprehensive solution packages for their clients' entire online business needs, Quantech focuses on customized developments for medium to large businesses, as well as start-ups. Offering several unique technologies and forged notable strategic alliances, Quantech's rapid-response systems construct client infrastructure at competitive prices. The company's client base includes medium to large sized businesses, as well as start-ups.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Secured Digital Applications to Partner With Kioskmedia 7/27/2006
SADDLE BROOK, N.J., Jul 27, 2006 (BUSINESS WIRE) -- Secured Digital Applications, Inc. (OTCBB:SDGL) today announced that it had reached preliminary agreement with Kioskmedia Sdn Bhd, a leading provider of interactive media kiosks in Southeast Asia, to jointly develop and market a new line of interactive products in Asia and the United States.
Secured Digital, which develops and markets multi-media products through its wholly owned operating subsidiary in Malaysia, will develop and implement products for transactional and informational kiosks popular in Asia as well as for state-of-the-art digital signage projects, including interactive and through-glass media displays.
Secured Digital and Kioskmedia, which has operations in six countries in Southeast Asia, have reached an agreement to jointly develop Kioskmedia's products through a company to be formed and managed by Secured Digital, which will own a 75 percent interest. Kioskmedia will contribute its assets and existing contracts to the venture.
"We are very excited to begin working with Kioskmedia," said Patrick Lim, Chairman and Chief Executive Officer of Secured Digital. "Digital multi-media content continues to be one of our leading businesses and we believe that the products developed by Kiosk Media offer us an important and growing market for our content."
"We are also impressed with the vibrant management team and entrepreneurial vision of this young organization, which has installations in place across Southeast Asia," said Lim. "We are confident that as part of the SDA group of companies, we can help grow this new line of business in a new and exciting industry."
Kioskmedia develops touch-screen kiosks for self-service and informational displays in such locations as shopping malls, banks, airports and train stations. It is also developing new digital signage products for advertising and information displays to be located in the "mega-malls" popular in Southeast Asia. Secured Digital will provide multi-media content for the new displays, management, back office services and technical support through its IT applications and development subsidiaries.
Secured Digital has acquired and integrated technology-based business since 1999 and is a leading provider of multi-media, technology and security services in Malaysia. Its acquisitions include Innospective Sdn Bhd, a developer of wireless information technology and machine-to-machine applications.
Lim said that Kioskmedia will begin marketing an interactive multi-media directory designed for shopping malls to customers in the United States later this year. He said that the product will be introduced into shopping malls in Asia in the third quarter of this year.
About Secured Digital Applications:
Secured Digital Applications, Inc. is an integrator of related business enterprises and business processes, with 14 majority or wholly owned subsidiary companies located in the United States and Malaysia, and operating in the information technology, communications, multimedia, retail, international trade and logistics industries. SDA's operating subsidiaries offer products that include Internet and multimedia content, digital security and biometric products, broadband telecommunications, secured shipping, value-added sales of hardware and software, retail sales of Apple computer products and accessories and international trade consulting.
Safe Harbor Statement:
Information contained in this release includes forward-looking statements and information that is based on beliefs of, and information currently available to, management, as well as estimates and assumptions made by management. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expects", "is expected", "intends", "may", "will", "should", "anticipates", "plans" or the negative thereof. These forward looking statements often include forecasts and projections for future revenue and/or profits and are subject to revision and are not based on audited results. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to vary materially from historical results or from any future results expressed or implied in such forward-looking statements. Secured Digital Applications, Inc. does not undertake to update, revise or correct any forward-looking statements. Investors are cautioned that current results are not necessarily indicative of future results, and actual results may differ from projected amounts. For more complete information concerning factors that could affect the Company's results, reference is made to the Company's registration statements, reports and other documents filed with the Securities and Exchange Commission. Investors should carefully consider the preceding information before making an investment in the common stock of the Company.
SOURCE: Secured Digital Applications, Inc.
Secured Digital Applications, Inc. Valerie Looi, 011 (603) 7955 4582 valerie.looi*digitalapps.net Jay McDaniel, 201-843-0222
Copyright Business Wire 2006
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Produce Safety and Security International Receives First Shipment of Ready-to-Use Spherequat 8600, EPA-Registered Disinfectant Against Avian Flu Market Wire - July 27, 2006 10:47 AM (EDT)
Spherequat(R) 8600 R-T-U Disinfectant, Fungicidal Control and Proven Antimicrobial Against the Bird Flu, on Inanimate Hard Non-Porous Surfaces, Is Available for Immediate Delivery From the Prescott, Arizona, Distribution Center; R-T-U Product Line Is Already Generating Revenues
PRESCOTT, AZ, Jul 27, 2006 (MARKET WIRE via COMTEX) -- Produce Safety and Security International, Inc. (PINKSHEETS: PDSC) ("PDSC"), a sanitation disinfectant process supplier to the food and medical industries, is pleased to announce the arrival of the new generation of Spherequat(R) 8600 R-T-U (Ready-to-Use), for global and domestic avian flu outbreak.
Spherequat 8600 R-T-U is a disinfectant and antimicrobial, proven effective against the Avian Influenza Virus. This product is ready for immediate delivery from the Prescott, Arizona, distribution center and its EPA Registration number is 10324-85-92131, EPA Est. No. 6574-KY-001.
Clarence Karney, CEO of Produce Safety and Security International, said, "This next generation Spherequat 8600 R-T-U is more effective because it's faster acting then the former generation. The 8600 R-T-U has been a tremendously successful product line for us; since the price point will be virtually the same, I suspect we should see a continuation of the strong revenues and opportunities for cross sales."
About Produce Safety & Security International, Inc. (PDSC)
Produce Safety has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
Produce Safety's state-of-the-art ozone process has been shown to extend the shelf life and remove food borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product, by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
For further product information, joint venture opportunities, distributorship program information, or program applications, please go to Produce Safety's website: www.foodsafeint.com.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Produce Safety & Security International, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Produce Safety & Security International, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
Contact: Gabe Sandler Sandler Communications, Inc. 866-772-0118 info*sandlercommunications.com
SOURCE: Produce Safety & Security International, Inc.
mailto:info*sandlercommunications.com
Copyright 2006 Market Wire, All rights reserved.
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RMDG (.0011)Rising Star Roc Monee Secures His Own One-Hour Special on the Real Hip-Hop Network (RHN) Jul 27, 2006 11:35:00 AM
PHILADELPHIA, PA -- (MARKET WIRE) -- 07/27/06 -- RMD Entertainment Group (PINKSHEETS: RMDG) proudly announced today that their breakout artist Roc Monee has secured his own one-hour special on the Real Hip-Hop Network (RHN). The special is currently set to air in late September around the release of Roc's highly anticipated debut album -- "Diamond In The Rough."
The Real Hip-Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. While airing in millions of homes nationwide, RHN has made it their focus to introduce the masses to the best music of today and yesterday, while showcasing the nation's hottest unsigned, underground acts. RHN President and CEO Atonn Muhammad added, "We were all blown away by Roc Monee, he is a force to be reckoned with on several levels. Roc embodies the type of talent and raw ability that will take hip-hop to the next level. We are excited about introducing him here first on RHN."
RMD CEO Giorgio Costonis commented, "It is always reassuring when your artists and projects are well received by the masses; however, when a pioneering network like RHN acknowledges your talent as the future of hip-hop, it is beyond flattering." Costonis added, "With that type of mass exposure for RMD and Roc, we expect his album to not only generate significant revenue, but we also expect him to pave the road to success for our future artists as well as our loyal supporters. Once Roc's special airs on the network we plan on incorporating it into the Google Video platform for high level promotion of his album as well as digital downloads and ring-tone sales. Our mastery of multimedia content delivery and product promotion is under way now. I have no doubt that we will set an important precedent in Hip-Hop with our unique approach and feel confident we will be recognized as trailblazers in the industry very soon."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal) in North America and in Europe through the Pickwick Group Ltd. of London.
About Real Hip-Hop Network
The Real Hip-Hop Network is the first 24 hour cable channel geared toward real hip-hop lifestyle & culture. RHN's core focus is on the 18-34 year old Hip-Hop thrill seeker who embraces the excitement, adventure, and exhilaration embedded in the Hip-Hop lifestyle. RHN will deliver not only the hottest commercial acts on the scene today, but also give you the pure power found in the essence of underground hip-hop; featuring the best of the grass roots and the international music scene. RHN brings a side of Hip-Hop ignored by the other music channels celebrating the elements and principles that launched hip-hop's golden era: DeeJaying, Emceeing, Breakdancing and Graffiti Art.
This was a time when Hip-Hop artists were the urban street correspondents, delivering soul stirring and thought provoking commentary on the issues of the day. Hip-Hop became an outlet for the pain, struggles, and dreams of those who were a part of its experience. This is what can be defined as real hip-hop. Hip-Hop has been proven to have massive commercial appeal. RHN provides the world with an engaging, fresh alternative. The Real Hip-Hop Network takes everything the world loves about hip-hop and challenges the negative images media has made pervasive. RHN operates on a higher standard. We put the "Real" in Real Hip-Hop and give the world a mature more gritty choice unavailable on any network before or since RHN. Hip-Hop will be globally redefined the RHN Way.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SEDRO WOOLLEY, Wash., July 27 /PRNewswire-FirstCall/ -- Doll Technology Group announced today the tests carried out by the City of Castle Rock in Colorado confirmed that Aquaboost, a water conservation product, reduces the amount of water required to maintain city's sport playing fields by 10-20% while maintaining the fields in excellent condition. The tests resulted in the city of Castle Rock endorsing the product by purchasing Aquaboost to apply to all their playing fields. "Aquaboost has been tested in various locations in our city and has proven to save water, increase the condition of the turf and in some locations reduce run off. We plan to make Aquaboost part of our annual turf management program," said the Superintendent of Park Maintenance Castle Rock, CO.
Meetings were also held with the Colorado Department of Agriculture who has a great interest in the potential water savings offered by Aquaboost. In recent months the state has had to shut down a significant number of water wells to conserve water due to the rate of water depletion from the South Platte River. Many ranchers and farmers could face financial ruin due to water restrictions and drought. Aquaboost could reduce watering demand for plants and crops by more than 20%. Further meetings are planned in Colorado this week to follow up on previous discussions regarding the use of Aquaboost and to target additional sales.
It is estimated there is in excess of 500,000 sports fields in North America of which a large number experience the same concerns as the City of Castle Rock. It is anticipated that the potential annual market for Aquaboost could be in excess of $5 m per year. Doll Technology intends to use the Castle Rock experience to broaden the sale of Aquaboost to other regions of North America.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
CONTACT: Bruce MacCoubrey
514-910-5446
Doll Technology Group
CONTACT: Bruce MacCoubrey of Doll Technology Group, +1-514-910-5446
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NEOM (.19)Signs Operating Agreement in China to Sell qode 'Direct-to-Web' Technology in Asia Jul 27, 2006 11:58:00 AM Copyright Business Wire 2006
FORT MYERS, Fla., & BEIJING--(BUSINESS WIRE)--July 27, 2006--
NeoMedia Technologies, Inc. (OTC BB: NEOM), an innovator in market-driven technologies, announced today that it has expanded its presence and broadened its business opportunities in China by signing an operating agreement with a China-based company. The operating agreement follows a marketing agreement, also with Shang Fang Wei Ye Technology Development Limited Company of Beijing, a subsidiary of Beijing Sino-U.S. Jinche Yingyang Auto Technological Services Ltd., to introduce and market NeoMedia's patented qode(R) (www.qode.com) direct-to-Web technology in key markets in Asia.
"NeoMedia has quickly established a relationship and extended its inroads in China," said Charles T. Jensen, the company's president and CEO. "In Shang Fang, we have a partner that brings great knowledge of the ways and means of doing business in its country and who shares NeoMedia's desire to bring qode and our other patented technologies to market today."
Mr. Jensen said the purpose of the operating agreement is for Shang Fang to take mobile products developed by NeoMedia to market in China, and to work with NeoMedia to explore new opportunities."
Doing Business in the 'Capital of Hand-held Communications'
Mr. Jensen said that NeoMedia "knows full well that Asia is out in front in its use of the Mobile Internet as an everyday means of business. Camera cell phones and PDA's are everywhere, and China is now the 'capital of hand-held communications', with more handsets in use than any other country in the world. A key to our worldwide expansion plans for NeoMedia is having a strong and growing presence in China, and with this agreement today, we believe we are well underway toward achieving this goal."
NeoMedia's primary role will be as the main interface to mobile operators, with the company primarily responsible for demonstrating environments as well as developing demonstration products for mobile systems, service network environment enablers, and mobile application solutions and services. Shang Fang's primary role will be to provide an interface with various Asian governments as well as to identify and help negotiate with potential commercial partners of qode in that part of the world.
NeoMedia's qode technology provides the means for consumer-oriented companies and enterprise organizations to link their products and services directly to specific relevant Web pages on the Mobile Internet, to be available anytime and anywhere. Users of qode-enabled camera cell phones or PDA's can click on 2-dimensional barcodes with their handset's camera, or enter a brand name, keyword or UPC digits in the qodewindow(TM) text bar to access multimedia information, request/receive coupons, tickets, samples, advertising and more, via the Mobile Internet.
Martin Copus, NeoMedia's COO and head of NeoMedia Mobile, said that "more than 5 million new subscribers to mobile services come on line each month in China, which is already home to approximately one-fifth of the world's cell phone users today. This is a vast market for mobile devices, and we have what we believe is true utility and value in applications running on our technology. This is a very exciting time and marketplace, and NeoMedia is excited to be early into China with our direct-to-mobile-Web qode platform and handset software," he said.
Mr. Copus said that the reach of the partnership between NeoMedia and Shang Fang will extend to China's special administrative regions of Hong Kong and Macau, as well as to Taiwan (R.O.C.).
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions, through its flagship qode(R) direct-to-mobile-web technology and ground-breaking products and services from 4 (shortly to be 5) of the USA's and Europe's leading mobile marketing providers. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue--anytime and anywhere.
The qode suite of easy-to-use, market-driven products and applications are based on a strong foundation of patented technology, comprising the qode (www.qode.com) platform, qodereader(TM) and qodewindow(TM), all of which provide One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the mobile Internet.
NeoMedia's recently acquired companies and offerings include 12snap AG (www.12snap.com), Mobot, Inc. (www.Mobot.com), a Lexington, Massachusetts-based pioneer in mobile visual recognition technology; Sponge Ltd. (www.spongegroup.com), a London, UK-based leader in developing and implementing mobile marketing applications and content delivery; and Gavitec AG - mobile digit (www.gavitec.com), a Wurselen, Germany-based leading provider of mobile technology and marketing solutions.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
qode and PaperClick are registered trademarks, and qodereader, qodewindow and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
Source: NeoMedia Technologies, Inc.
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NeoMedia Technologies Inc. Martin Copus +239-246-9889 or +44 7766 801818 mcopus*neom.com or The Kaminer Group David A. Kaminer +914-684-1934 dkaminer*kamgrp.com
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BLYM (.0002) Billy Martin's HBO(R) Deadwood Collection Gets More Exposure Jul 27, 2006 12:06:00 PM
HOLLYWOOD, CA -- (MARKET WIRE) -- 07/27/06 -- The World Series of Poker kicks off July 28 in Las Vegas, and includes 91-year-old Victor Goulding. A very well-known poker player, Mr. Goulding will sport a newly designed Billy Martin's (PINKSHEETS: BLYM) HBO Deadwood Collection poker vest each day.
The high-fashion poker vests, designed by Emmy-award winner, Janie Bryant, are part of a collection of high-style western apparel and accessory products inspired by the costume designs -- and wily characters, exiles, misfits, opportunists and gamblers who wear them -- from "Deadwood," HBO's critically acclaimed TV drama. "Deadwood"(TM) series web site http://www.hbo.com/deadwood/
"What better way to kick off our poker vests than to have one of the most colorful competitors in the World Series of Poker wearing them?" said Doug Newton, CEO of Billy Martin's USA, Inc. who founded the western brand 28 years ago in New York City.
Goulding, named last year by ESPN as "one of the 10 best moments in World Series play," is being sponsored by BLYM for the 2006 tournament in Las Vegas, one of the most awaited events of the poker year. Goulding and his "Deadwood" poker attire can be seen at Event 39, at the Rio All Suite Hotel & Casino, beginning July 28, 2006.
Soon to celebrate his 92nd birthday, Goulding said he is looking forward to 100. Although he retired to Florida many years ago, this highly decorated World War II veteran has not slowed down. His weekly schedule includes a trip to the race track and frequent poker nights where he has been working on his skills for decades. Over the years, Goulding has played with some of the greatest poker players of all time, including Amarillo Slim. "With my new poker vests, one thing's for sure," Goulding said. "When I win the big pot, I know I'll look like a million bucks."
About Billy Martin's USA (http://www.billymartin.com)
With a 28-year-old brand name and history, Billy Martin operates in a growing specialty niche market -- western lifestyle, and provides appealing and innovative products that reflect the American culture and way of life.
Forward-Looking Statements
N. B. Statements about BLYM's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.
Sparta Commercial Services Announces Agreement With Fortune 500 Company Sparta Commercial Services, Inc. (OTCBB: SRCO) announced that it recently signed an agreement for routing of motorcycle, ATV, and scooter loan applications with a Fortune 500 global diversified financial provider. Sparta will process, decide upon, and purchase the resulting retail installment sales contracts and leases generated by these dealers.
This new partner, offering a broad array of credit savings and loan products to customers in the U.S., Canada & the United Kingdom, will electronically submit loan applications to Sparta that meet specific criteria. Sparta will immediately approve or decline the application using our industry acclaimed, proprietary, web-based, point of sale credit application processing system, iPLUS(TM), and, if approved, notify the consumer through the internet within minutes.
The agreement is for an initial trial period of three months and provides for annual renewals thereafter. Sparta has begun receiving and deciding upon applications on a test basis while final technical details needed to ensure a seamless automated process are implemented.
Anthony Havens, CEO of Sparta Commercial Services, commented, "This agreement will allow consumers to be pre-approved before they even start shopping. The consumer can now take their approval voucher to any franchised dealer and buy or lease the motorcycle, ATV, or scooter of their choice."
About Sparta Commercial Services:
Sparta Commercial Services, Inc. (www.spartacommercial.com) is an Internet-based acceptance (sales finance) and leasing company dedicated exclusively to the powersports industry, concentrating on motorcycles over 600cc, 4-stroke all-terrain vehicles, and select scooters through private label programs for manufacturers' distributors. Sparta provides a full line of financing solutions including indirect retail installment sales contracts and direct closed-end leases, as well as related services including GAP coverage and vehicle service contracts.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, amount of, obtaining and satisfying terms of credit lines, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
- Kerry Associates, Inc. Attends Renewable Energy in New England Conference on Behalf of Amelot Alternative Energy, Inc. Jul 27, 2006 1:15:00 PM 2006 PrimeZone Media Network CHEYENNE, Wyo., July 27, 2006 (PRIMEZONE) -- Amelot Holdings Inc. (Pink Sheets:AMHD) is pleased to announce that its wholly owned subsidiary, Amelot Alternative Energy, Inc., was represented by Kerry Associates, Inc. at the Renewable Energy in New England conference held on July 25,2006 at the Highlander Inn, Manchester, N.H. Some major sponsors were the N.H. Business Resource Center, N.H.'s Electric Utilities, N.H. Office of Energy and Planning, N.H. Sustainable Energy Association, Northeast Regional Biomass Program, Granite State Clean Cities Coalition, WasteCap, a resource conservation program of the BIA, N.H. Department of Environmental Services, Air Resources Division, Clean Air - Cool Planet, and N.H. Industries of the Future.
"Attending this conference introduced Amelot to the New England area and various relationships were established. Our product is made from brand-new, 100% refined soy oil. Our feed stock is of the highest quality. Many producers are experimenting with cooking oil, saturated fats and other inferior products. We use the best so we produce the best. We can sleep at night knowing the users of Amelot's bio-diesel are getting the absolute best bio-fuel for their vehicles," stated Aziz Hirji, president of Amelot Holdings.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
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WNCP(.040) - Announces 15 for 1 Forward Stock Split Thursday July 27, 12:59 pm ET Split Will Increase Market Liquidity and Shareholder Value
SUNRISE, Fla., July 27 /PRNewswire-FirstCall/ -- Wineco Productions Inc. (OTC: WNCP - News) announced that its Board of Directors and majority shareholders have approved a 15 for 1 forward stock split of the Company's common stock. Each shareholder of record at the close of business on August 3, 2006, will receive 14 additional shares for every outstanding share held on the record date. The shares will be mailed on August 9, 2006. The execution date will be August 10, 2006.
The forward stock split will be issued as free trading shares for stockholders who hold free trading shares, and restricted for those stockholders who hold restricted shares, as of the record date of August 3, 2006. All shareholders that have free trading shares in their brokerage accounts will be credited automatically by the transfer agent and those shareholders of restricted shares will have their stock sent to them directly from the transfer agent.
About Wineco Productions Inc.
Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are for the most part, mines that have been worked in earlier times. Working these mines has left tons of "Tailings" that contain valuable material. The company will process the material that has already been mined and that material is referred to as "Tailings." These tailings yield better extraction of Noble Metals through advanced equipment. www.winecoproductions.com
Wineco recently announced that it has completed negotiations and has acquired the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward looking statements contained in this media release.
Contact: Wineco Productions Inc James Logan President 954 575-7296 or 954 316-1326
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-DynTek Announces Preliminary Results for Fourth Quarter and Fiscal Year 2006 Thursday July 27, 2:10 pm ET Company Expects Positive Adjusted EBITDA in Fourth Fiscal Quarter
IRVINE, Calif., July 27 /PRNewswire-FirstCall/ -- DynTek, Inc. (OTC Bulletin Board: DYNK - News), a leading provider of professional technology solutions, today announced preliminary, un-audited financial results for its fourth quarter and fiscal year ended June 30, 2006. Based on a preliminary review of its fourth quarter results and excluding one-time and non-cash expenses, the company is expecting to report positive adjusted EBITDA of approximately $610,000 for the three months ended June 30, 2006, as compared to negative adjusted EBITDA of approximately $3.1 million for the same period in the prior fiscal year.
The company expects to realize approximately $24.3 million in revenue, of which approximately $23.9 million was comprised of sales from the company's core IT services segment. This represents an increase of approximately 26% within the IT services segment over the same period in the prior fiscal year, and an increase of approximately 77% within the IT services segment over the immediately preceding quarter ended March 31, 2006.
Revenue for the fiscal year 2006 is projected to increase to approximately $80.8 million, as compared to revenue of $76.5 million for the prior fiscal year.
The company expects gross profit to increase to approximately $4.2 million for the three months ended June 30, 2006, as compared to $3.8 million for the three months ended June 30, 2005. Selling, general and administrative expenses are expected to decrease to approximately $3.6 million during the three months ended June 30, 2006, as compared to $6.9 million during the same period in the prior fiscal year.
Net loss for the three months ended June 30, 2006 is expected to be approximately $6.4 million, as compared to a net loss of $11.9 million inclusive of a goodwill impairment charge of approximately $6.9 million for the three months ended June 30, 2005. The company is still evaluating whether any goodwill impairment charges may be necessary for the three months ended June 30, 2006. The loss during the three months ended June 30, 2006 includes interest expense of approximately $1.5 million (including a non-cash portion of approximately $1.1 million), depreciation and amortization expense of $639,000 and an approximate $5.2 million non-cash loss on the extinguishment of debt obligations; offset by a one time gain on the sale of our Business Process Outsourcing segment of $275,000. The net loss of $11.9 million in the 2005 period included interest expense of $933,000 (including a non-cash portion of $548,000), depreciation and amortization expense of $898,000, a goodwill impairment charge of $6.9 million and losses on investments of $487,000 and losses on marketable securities of $250,000; offset by gains on the extinguishment of debt of $336,000 and proceeds of $253,000 from discontinued operations.
"The past fiscal year was a year of capital restructuring and operational alignment, as demonstrated with our March 8, 2006 recapitalization and subsequent organizational changes," said Casper Zublin, Jr., DynTek's chief executive officer. "We believe we have created the core foundation in which to build the business, and in the process build shareholder value. Our ability to achieve EBITDA positive results in the fourth quarter is a major operating milestone that we feel is a significant signpost in our development."
Zublin continued, "In fiscal year 2007, we plan to continue to implement on our strategic business plan, which involves achieving operating density in our core geographies, further development of the company's vertical markets and enhancement of our technology practices through both organic growth and acquisitions."
The Company defines EBITDA as net income (loss) before interest, taxes, depreciation and amortization, goodwill impairment charges, and non-cash expense for securities. Other companies may calculate EBITDA differently. Although EBITDA is a widely used financial indicator of a company's ability to service debt, it is not a recognized measure for financial statement presentation under GAAP. EBITDA should not be considered in isolation or as superior or as an alternative to net income (loss) or to cash flows from operating activities as determined in accordance with generally accepted accounting procedures. Nonetheless, the Company believes that EBITDA can be a useful supplemental tool for investors and others to measure operating performance, especially in situations where a company has significant non-cash operating expenses. EBITDA is widely used in the IT services industry to analyze comparable company performance, and management of the Company also uses EBITDA, in addition to GAAP information, as a measure of operating performance for assessing its business units as well as completed and potential acquisitions.
DYNTEK, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Adjusted EBITDA Presentation Preliminary, Unaudited, Prior to Impairment Charges (in thousands)
Three Months Ended June 30, 2006 2005 Total revenues 24,310 22,725
Total cost of revenues 20,138 18,881
GROSS PROFIT 4,172 3,844
Total operating expenses 3,562 6,919
Adjusted EBITDA 610 (3,075)
Operating depreciation and amortization 639 898 Goodwill impairment --* 6,871
LOSS FROM OPERATIONS (29) (10,844)
OTHER INCOME (EXPENSE): Loss on extinguishment of debt (5,199) 336 Gain on marketable securities -- (250) Interest expense (1,445) (933) Other income (expense) 275 (487) Interest income -- 10 Total other income (expense) (6,369) (1,324)
Income Tax 25
LOSS FROM CONTINUING OPERATIONS $(6,398) $(12,168) DISCONTINUED OPERATIONS Gain on disposal of discontinued operations -- 253
NET LOSS $(6,398) $(11,940)
*Impairment charges are yet to be determined
About DynTek 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.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors. Such uncertainties and risks include, among others, success in reaching target markets for services and products in a highly competitive market and the ability to maintain existing and attract future customers; the ability to finance and sustain operations, including the ability to comply with the terms of working capital facilities and/or other term indebtedness of the Company, and to extend such obligations when they become due, or to replace them with alternative financing; the ability to raise equity capital in the future; the ability to achieve profitability despite historical losses from operations; the ability to maintain business relationships with IT product vendors and the ability to procure products as necessary; the size and timing of additional significant orders and their fulfillment; the continuing desire of and available budgets for state and local governments to outsource to private contractors; the ability to successfully identify and integrate acquisitions; the retention of skilled professional staff and certain key executives; the performance of the Company's government and commercial technology services; the continuation of general economic and business conditions that are conducive to outsourcing of IT services; the ability to maintain trading on the NASD OTC Bulletin Board or other markets in the future; and such other risks and uncertainties included in our Annual Report on Form 10-K filed on September 29, 2005, our Quarterly Reports on Form 10-Q filed on November 14, 2005, February 21, 2006 and May 22, 2006, and other SEC filings. The Company has no obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of such statements.
-------------------------------------------------------------------------------- Source: DynTek, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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--Michelex Corp. has signed a contract with Sony Corporation Thursday July 27, 14:25 pm ET
MASSENA, N.Y., July 27, 2006 (PRIMEZONE) -- Michelex Corp. (Other OTC:MLXO.PK - News) ``Michelex'' (or the ``Company''), a plastic manufacturing company and an audio record production group announced that it has signed a one year contract with sony to supply jewel cases. This contract will bring in a revenue of 3 million dollars.
About Michelex
Michelex Plastics -- Founded in 1972, is a manufacturer/importer and distributor of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers.
Michele Audio -- Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings.
Michelex Media Products -- Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the Private Securities Litigation reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports
-------------------- The difference between genius and stupidity is that genius has its limits
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PlanetLink Receives Order for 26 Units From Produce Distributor 7/27/2006
CUMMING, Ga., Jul 27, 2006 (PRIMEZONE via COMTEX News Network) -- PlanetLink Communications, Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that we have received our second paid order in July, for 26 units, secured by R&R Sales Group.
This order for 26 units from a produce distributor brings the total sales for R&R to 53 units so far for the month of July. R&R has sold 130 units since the inception of our agreement on May 9, 2006. We have seen acceptance of GPS Fleet Tracking Systems by businesses in several different sectors.
PlanetLink's Chief Financial Officer, Mary Hitt stated, "Since the inception of our agreement with R&R we have exceeded our projected revenues for May, June and July. In our current breakeven analysis we need to sell 130 units per month to breakeven. With the recent success of the R&R sales team and the addition of our V.P. of business development, we believe that we should be able to easily hit 130 units per month and breakeven by the end of the year."
M. Dewey Bain, President of PlanetLink, stated, "We are pleased to see that our growth strategy has been successful and that we have begun to surpass our projected numbers each month for the past few months. The combination of successes from Karta, R&R and the appointment of our new V.P. of business development should have us past the breakeven stage by the end of the year."
About PlanetLink Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK(tm) product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK(tm) is the first of these products and is the Company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK(tm) allows the customer to actively monitor and manage virtually any type of mobile asset. For more information on PlanetLink, please visit the company's Website at: www.planettraks.com
Information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis" or "Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission. The Company will provide you with copies of this information upon request.
BestNet Communications Announces Merger With JDA Medical Technologies 7/27/2006
GRAND RAPIDS, Mich., July 27, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- BestNet Communications Corporation (OTC Bulletin Board: BESC) announced today that it has completed a merger with JDA Medical Technologies, Inc. ("JDA"), a privately held development stage medical device company located in Clarksville, Maryland. JDA holds an exclusive license from the University of Maryland to develop and use a novel microsphere (small round particle) technology for the treatment of liver and other soft tissue cancers. The new microsphere technology (Oncosphere) will, when approved by the FDA, enable physicians to more accurately deliver the microsphere treatment to the tumor site. Additionally, the Oncosphere will allow the physician to verify the placement post treatment, which is not currently possible with microsphere products.
BestNet is issuing 43,000,000 shares of its common stock to the shareholders of JDA at a rate of 4.78 shares of BestNet stock for each share of JDA stock. Options and warrants to any stock of JDA have been terminated. Before the Merger, BestNet had approximately 47,097,953 shares of common stock and 443,162 shares of preferred stock outstanding; it now has approximately 90,097,953 shares of common stock outstanding and the same number of shares of preferred stock. The total amount of shares outstanding, on a fully diluted basis, is now approximately 98,847,960 which includes not only shares of common stock, but also shares of preferred stock, warrants, options and convertible debentures that could be exercised or converted into shares of common stock.
The new subsidiary to BestNet surviving the merger is named "Oncologix Corporation," which will continue to be in the development stage. The management team will consist of Andrew Green, Adam Lowe, and Andrew Kennedy, MD.
Andrew Green and Adam Lowe are currently consultants to JDA. They were most recently Principals of NeoMedica, LLC, an executive consulting firm to early stage medical device companies. Before their association with NeoMedica, they were, respectively, Vice President of Scientific Affairs and Vice President of Operations, of Norcross Ga.-based Novoste Corp., a publicly traded medical device company. Novoste ceased operations after selling its vascular brachytherapy technology to Best Vascular Inc. in early 2006.
Mr. Green will serve as Chairman and CEO of Oncologix Corp. and will be a Director of BestNet Communication Corp. Mr. Lowe will serve as President/COO and Director of Oncologix Corp.
Andrew Kennedy, MD is a Radiation Oncologist and Co-Medical Director of Wake Radiology Oncology Services, PLLC in Cary, North Carolina. A co-founder of JDA, he is a recognized leader in the treatment of liver cancers with microsphere technologies. Dr. Kennedy will serve as Chief Science and Medical Officer and Director of Oncologix and as a Director of BestNet, the parent company.
Stanley L. Schloz, CEO of BestNet, stated that he was "extremely pleased to announce this transaction with JDA, which is the culmination of well over a year spent by the Board of Directors in evaluating various opportunities in the bio-tech/medical industry for the purpose of increasing BestNet shareholder value. We believe that Oncologix represents a rare opportunity to match the technology developed by Doctor Kennedy, a worldwide-recognized authority in liver cancer, and an impressive Oncologix management team to develop a product and patient delivery system, the Oncosphere, that will have a significant positive impact on the lives of liver cancer patients." He went on to say that "BestNet now has in place a structure and management team with a history of success in attaining our first objective, obtaining FDA approval for our product. This team will also be instrumental in exploiting any future opportunities in the field if we elect to do so."
In his remarks, Mr. Andrew Green stated, "I am confident that the combination of this novel technology, Dr. Kennedy's experience in cancer treatments with microsphere products, and the management team's expertise in radiation based medical devices will deliver a very exciting product. Dr. Kennedy is a leader in the field of liver cancer treatment and we are fortunate to have the opportunity to continue the development of his microsphere concept."
Dr. Kennedy commented, "I am delighted that we have obtained the resources to realize the advancement of microparticle based radiotherapy for the treatment of liver cancer. Liver cancers in general and colorectal liver metastases specifically, have high mortality rates and affect almost 80,000 new patients each year in the US alone. To date there has been little attempt to improve the existing microparticle therapies to make them accessible to a greater number of patients. I am extremely excited about the creation of Oncologix and hope that novel interventions such as microparticle radiation therapy will reduce the huge clinical morbidity and mortality associated with this condition."
About BestNet Communications Corp. and Oncologix Corp.:
BestNet Communications is a global solutions provider of long distance; conference calling, ClicktoPhone and custom application-based communication services. BestNet's services are accessed worldwide via the Internet, standard phones and wireless devices and are delivered using standard phone lines and equipment. This results in a cost effective high quality service for both businesses and consumers.
Under the brand name Bestnetcall(TM) (http://WWW.BESTNETCALL.COM) the services offer subscribers premium quality calls and conference calling, at significantly lower rates. Calls and conference calls can also be launched via a desktop application or handheld devices including Palm(TM), Pocket PC(R) and Blackberry(TM) and used with any standard or wireless phone. In addition the company's new ClicktoPhone(TM) service (http://WWW.CLICKTOPHONE.COM) enables clients to add secure and anonymous voice communication connectivity anywhere in the world to web sites, web banners, pictures, electronic documents, and customized e-mail calling buttons.
Contact BestNet at: investors*bestnetcom.com
Oncologix Corporation, based in Atlanta GA, is a wholly owned subsidiary of BestNet Communications Corp. Oncologix develops advanced medical treatments for soft tissue cancers.
This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives. The forward-looking statements herein are based on current expectations that involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond control of the company. Although the company believes that the assumptions underlying the forward-looking statements are reasonable, any one of the assumptions could be inaccurate and, therefore, can be no assurance that the forward-looking statements included in this release will prove to be accurate.
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