Breaking News: Human BioSystems Signs Letter of Intent to Acquire Ethanol Projects 7/27/2006
PALO ALTO, CALIFORNIA, Jul 27, 2006 (MARKET WIRE via COMTEX News Network) -- Human BioSystems ("HBS") (OTCBB: HBSC), a developer of preservation platforms for organs and other biomaterials, announced today that it has signed a letter of intent ("LOI") to acquire two ethanol production facility projects from EXL III Group Corporation ("EXL III"), an equity partner in ethanol plant ventures. HBS will also enlist the services of Claude Luster III, the principal of EXL III Group Corporation, to serve as the President of a new subsidiary to be formed to develop the ethanol business.
The LOI provides that HBS will acquire the projects from EXL III Group Corporation for restricted HBS common stock. In addition, HBS will enter into a Consulting Services Agreement with Mr. Luster.
"We made the decision to enter the bio energy field because it gives HBS the potential to achieve substantial revenue and profit growth within a predictable timetable, and because the opportunity and expertise to pursue the renewable energy market exists with this acquisition," stated Harry Masuda, CEO of Human BioSystems. "This acquisition should give HBS additional financing options not previously available," continued Mr. Masuda.
The acquisition, which is expected to close in the fall of 2006, is subject to certain conditions, including but not limited to completion of satisfactory due diligence by HBS, the negotiation and completion of a definitive acquisition agreement and Consulting Services Agreement, approval of the HBS and EXL III boards of directors and other customary conditions.
HBS is headquartered in Palo Alto, California with research facilities in Michigan.
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 results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, failure to complete a final definitive agreement, failure to obtain regulatory approvals for the construction of ethanol plants, failure to obtain the required financing and to construct the ethanol plants, failure of the ethanol plants to meet standards, the inability to find raw material for the production of ethanol or to sell the ethanol at on acceptable terms, the risks involved in pursuing a business unrelated to HBS' prior business, and other factors discussed in filings made by the Company with the Securities and Exchange Commission
Contacts: Human BioSystems Harry Masuda (650) 323-0943 Yes International Investor Relations (800) 631-8127 Concept Communications Group LLC Investor Relations (727) 447-0514
SOURCE: Human BioSystems
Copyright 2006 Market Wire, All rights reser
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Ckrush's LiveMansion.com and ``LiveMansion: The Movie'' Spotlighted in Variety, One of the Entertainment Industry's Most Influential Sources; Company's Film Project Garners Industry Buzz as First-Ever Feature Film Produced by O 7/27/2006
NEW YORK, Jul 27, 2006 (BUSINESS WIRE) -- Ckrush, Inc. (OTCBB:CKRH), a cutting-edge media group capitalizing on the convergence of entertainment and digital technologies, has announced that its revolutionary concept to integrate social networking with film production for its project, "LiveMansion: The Movie," has been the focus of increasing industry attention, including coverage in Daily Variety, one of the entertainment industry's most influential news sources.
Ckrush's "LiveMansion: The Movie" is the world's first feature film to be produced by an online social network.
"We are thrilled that Daily Variety was the first to take notice of our new endeavor," said Jeremy Dallow, President of Ckrush. "Recognition by a leading entertainment publication reinforces our vision of what the future of multimedia entertainment holds."
Members from the LiveMansion.com social community will be virtual producers, voting for the director, the cast and various other aspects of the movie. Part of an extensive promotional campaign, Ckrush has established a series of competitive milestone events where members campaign and vote for the coveted positions, creating a reality show-type drama reminiscent of Fox's "American Idol."
The movie concept begins on LiveMansion.com, a fully interactive social networking site with unique user-personalized home pages where members can edit profiles, post pictures and ****s, receive mail and keep a detailed list of friends. Beyond the typical social networking sites currently in use, members can create their own virtual mansion with dozens of rooms that explore their interests with other like-minded members.
The Variety article, "Indie Banner Socializing," can be found at www.variety.com.
About Ckrush, Inc.
Ckrush, Inc. is a cutting edge entertainment and digital media group capitalizing on the global convergence of the traditional entertainment industry and the "participatory pop culture" revolution of online communities and digital technology. The Company produces feature films, sports programs and other content that target young adults, a highly-coveted entertainment industry demographic comprised of 70 million-plus consumers with an estimated spending power in excess of $200 billion annually. Ckrush feature films slated to be released in 2006 include, "Beer League," starring Artie Lange; "TV the Movie," starring Steve O and Wee Man of "Jackass" fame; and National Lampoon's "Pledge This," starring Paris Hilton. Ckrush also promotes and distributes televised sports events and other programming through pay-per-view, video-on-demand and retail channels. For investor-specific information about Ckrush, Inc., including recent news and stock price data, please visit http://www.trilogy-capital.com/tcp/ckrush/quote.html. For General Investor Information, please visit http://www.trilogy-capital.com/tcp/ckrush/. For additional information, visit http://www.ckrush.net.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors; acquisitions of dispositions of business assets; and the potential impact of future decisions by management. More detailed information about these factors may be found in filings by Ckrush, Inc. with the Securities and Exchange Commission. Ckrush, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE: Ckrush, Inc.
Ckrush, Inc. Jeremy Dallow, 212-564-1111 or Trilogy Capital Partners, Inc. Paul Karon, 800-592-6061
Copyright Business Wire 2006
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Meridian to Attend AestheticMD Mesotherapy Conference Introducing Lipo-Laser Meridian Co., Ltd. ("Meridian") (OTCBB: MRDAF), announced today that it will be attending the AestheticMD Mesotherapy conference held July 28 and July 29, 2006 at the Wynn resort in Las Vegas, Nevada.
The mandate of the conference is to train physicians in the methods of Mesotherapy; Mesotherapy, pioneered in the 1950s by French physician Dr. Michel Pistor, is the painless injection of vitamins, minerals, medications, and amino acids placed just under the surface of the skin. Mesotherapy has a variety of applications including weight loss, cellulite reduction, face and neck rejuvenation, and hair re-growth. Therefore, the injected solution is individually prepared depending on its purpose. Unlike other medical treatments, Mesotherapy is administered directly to the desired area.
The significance of the conference for Meridian is that the Company will be able to demonstrate and feature its non-invasive solution to the large number of aesthetic improvement practitioners attending the conference for the further advancement of their skills and product lines marketed to consumers. Meridian's Lipo-Laser system recently applied via a 510 (k) submission for approval in the United States with the FDA and recently submitted a patent application under the auspices of the Patent Cooperation Treaty.
The Lipo-Laser was designed to target the aesthetic market, specifically to address body shaping/contouring, spot fat reduction, and reduction in the appearance of cellulite. The Lipo-Laser's non-invasive treatment is considered one of the most innovative methods to remove adipose fat tissue, and the demand for this type of treatment is expected to grow rapidly, not only in the plastic surgery profession but in any clinical setting such as spas and wellness centers that treat localized body fat deposits which may not have responded to diet and exercise.
Light-based treatments are now the mainstays of medical aesthetic practices. In 2004, over 26 million hair removal, skin rejuvenation, tattoo and pigmented lesion removal, acne reduction, vascular lesion and other treatments were performed. These treatments earned more than $8 billion for practitioners and almost $550 million for equipment manufacturers. By 2009, this is expected to grow to over 84 million treatments annually earning practitioners $13.9 billion and manufacturers nearly $1 billion.
Concurrent with the recent 510K submission to the FDA regarding acceptance in the US market, the submission of the patent application to the Patent Cooperation Treaty is an important milestone in advancing the Company's business plan to commercialize its proprietary products and enhance over all financial performance.
More About: Meridian
Meridian is an established leader in the research/development, manufacturing, and sales of integrative medical diagnostic equipment. The company sells its products and equipment to a wide array of customers in the global health care industry. The company presently holds a total of 18 worldwide patents on its technology, and has received FDA, as well as other international regulatory approvals for many of its products.
Meridian is committed to the ongoing global research and advancement of integrative medical products that contribute to the better health of humanity.
On Behalf of the Board of Directors,
Hyeon Seong Myeong, President
This press release may contain certain forward-looking information and statements concerning the company's operations, performance and financial condition. These statements are based upon a number of uncertainties and contingencies, many of which are beyond the control of the company. Actual results may differ materially from those expressed or implied by such forward-looking statements. This document is not intended to be and is not an advertisement for any securities of the company.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Quintek Further Penetrates Healthcare Outsourcing Market with Focus on Risk Management Services 7/27/2006
HUNTINGTON BEACH, Calif., Jul 27, 2006 (BUSINESS WIRE) -- Quintek Technologies Inc. (OTCBB:QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, continues to expand into the large and fast-growing healthcare outsourcing market. Quintek estimates that the market for services it provides in this space to be $1.5 billion nationally. Quintek is now providing services for companies providing Risk Management services and seeking further growth in this market.
Robert Steele, Quintek CEO, added: "We estimate that the market for the services we provide in this space to be over $1.5 billion. In the healthcare arena we are currently providing ongoing services to the largest, independently owned healthcare practitioner, Credentials Verification Organization (CVO), in the world. Additionally, we have increased the services we provide to the largest biotechnology company in the world which represents a material increase in billings to this customer." He continued, stating that, "Quintek has completed jobs directly or indirectly for Cedars Sinai Medical Center in Los Angeles, Long Beach Memorial Care, Alteer Corporation, Precyse Solutions as well as several multi-physician practices." Steele ended, "Our focus on healthcare industry as well the other targeted industries will be the key to our continued success."
David Lequeux, Quintek director of business development, stated: "I was brought on board to increase penetration into the large and lucrative healthcare industry. We are succeeding at that goal. We recently completed work for a physician-owned medical liability company, providing liability protection, rigorous underwriting, claims management priorities and very involved risk management programs for California physicians." Lequeux added, "Additionally, together with our HIPAA-compliant partner Manhattan Data Inc. (MDI) we have been providing ongoing scanning services to VerifPoint for several months from which our revenue has doubled." He ended, "We are stepping up our efforts in Healthcare and Risk Management services due to our recent customer successes and plan to continue to deliver the highest quality of services to the industry."
About Quintek Technologies Inc.
Quintek Technologies Inc. (OTCBB:QTEK), through its wholly owned subsidiaries Quintek Services Inc. (QSI), and Sapphire Consulting Services Inc., provides services to enable Fortune 500 and Global 2000 corporations to reduce costs and maximize revenues.
QSI delivers Business Process Outsourcing (BPO) services and solutions that enable companies to secure and manage their key data processing demands with optimal efficiency and minimal costs. As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO. The Aberdeen Group, a provider of IT market intelligence, forecasts 13 percent annual growth for the BPO industry through 2005, when the market is projected to reach $248 billion.
Sapphire Consulting Services Inc. offers a broad range of supply chain management consulting services. Sapphire assists organizations to create a higher level of customer satisfaction, enhance supply chain capability and achieve consistent competitive advantage through reduced product cost, reduced inventory investment and improved supply chain security. A study by IDC found the SCM services market will expand from $26.1 billion in 2002 to $40.5 billion in 2007, representing a five-year compound annual growth rate (CAGR) of 9.2 percent.
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Quintek to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in Quintek's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2005, and any subsequent reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Quintek assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, inability to timely develop of products or services, inability to deliver products or services when ordered, inability of potential customers to pay for ordered products or services, and political and economic risks inherent in domestic and international trade.
SOURCE: Quintek Technologies Inc.
Quintek Technologies Inc. Andrew Haag, 714-848-7741, ext. 14 ahaag*quintek.com or Cinapsys Inc. Mark Moline (Communications), 760-458-4899 mark*cinapsys.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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CyberKey Solutions, Inc. Reports Over $12 Million in Earnings for First Two Quarters of 2006 Friday July 28, 8:30 am ET
Posts 1st and 2nd Quarter 2006 Unaudited Financial Statements With More Than $25 Million in Sales for the First 6 Months
ST. GEORGE, UT--(MARKET WIRE)--Jul 28, 2006 -- CyberKey Solutions, Inc. (Other OTC:CKYS.PK - News) is pleased to announce that the Company has reported total Net Income of $12,152,060 for the first and second quarters of 2006. CyberKey Solutions has posted their 1st and 2nd Quarter 2006 unaudited financials on the Company's website, www.cyberkeysolutions.com, and also on www.pinksheets.com. The Company is currently in the process of auditing their financial statements and is expecting to file them in the near future. According to the unaudited financial statements, CyberKey Solutions total income was $25,050,708.23 which includes the purchase order from the Department of Homeland Security for 150,000 CyberKey units. The Company has also been directly marketing and selling their products through their corporate website, www.cyberkeysolutions.com, and www.military.com.
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CyberKey Solutions posted a Gross Profit of 12,806,298.97 with total expenses of only $654,238.78 for the first 6 months of 2006. As a result, CyberKey's Net profit of more than $12 Million yielded an earnings per share of more than $.027.
"These financial statements are an accurate reflection of the progress that we have made this year. We continue to exceed expectations and show the financial community that we are grossly undervalued at this point in our corporate growth," stated Jim Plant, CEO of CyberKey Solutions, Inc.
CyberKey Solutions, Inc. reported Total Assets of $19,554,590.98. The majority of the assets are a result of the $19 Million accounts receivable from the Department of Homeland Security. CyberKey's Total Liabilities are $6,617,706. CyberKey recently announced 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.
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's solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications.
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.
posted
DENVER, CO, Jul 28, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced that for the year ending December 31, 2005, the Company's revenues from its winter sports wholesale and cable broadcast affiliate operations totaled $1,884,359.00 Management stated the revenues are specific to its winter sports wholesale division and cable broadcast affiliate station operations. 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.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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LMAO I guess I'm the only one who posts PR no more waking up late
LFWK .063 LoftWerks/Sulja Bros. Complete Name Change
Internet Wire via COMTEX
Jul 28, 2006 1:59:31 PM
WINDSOR, ON, Jul 28, 2006 (MARKET WIRE via COMTEX News Network) --
LoftWerks, Inc. (PINKSHEETS: LFWK) today announced that it has finalized the process of changing the name of its post-merger entity. The name of the Company has been changed from LoftWerks to SULJA BROS. BUILDING SUPPLY, LTD. The new trading symbol for the company's common stock will be "SLJB."
"We are very pleased to have our household brand name finally processed by the State of Nevada and the NASDAQ as well," said company CEO Steve Sulja. "Furthermore, with our Investor Relations functions being performed by the Wessal International Group, we are rapidly expanding our business in the Middle East, as well as gearing up to supply our new and future projects through our parent company Consultech," he said.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
SOURCE: LoftWerks, Inc.
Copyright 2006 Market Wire, All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Ckrush to Hold Investor Conference Call on July 31 to Discuss Recent Significant Events, Including Its Online Social Network and Movie Concept; Company President to Discuss Launch of LiveMansion.com as Major New Initiative 7/28/2006
NEW YORK, Jul 28, 2006 (BUSINESS WIRE) -- Ckrush, Inc. (OTCBB:CKRH), a cutting-edge media group capitalizing on the convergence of entertainment and digital technologies, will host an investor call on Monday, July 31, 2006, at 12 PM Eastern, to discuss recent launch of LiveMansion.com and other strategic initiatives.
"These past few weeks have been some the most exciting in our company's history," said Jeremy Dallow, President of Ckrush, Inc. "I'm looking forward to recapping the many moves we've made to converge our existing movie making capabilities with the emergence of new media online social networks."
During the conference, Mr. Dallow will discuss the launch of Ckrush Digital Media, a new strategic business division that will work in synergy with Ckrush's other operational units to distribute films, sports programs and digital assets targeting the highly coveted young adult demographic.
Following the announcement of the Company's new division, Ckrush unveiled LiveMansion.com, an advanced online social network that combines a number of marketing-driven innovations that target the Company's central audience. LiveMansion.com is a vibrant community experience where members can meet and interact; create customizable rooms to explore and share personal interests, post photos, audio, and video, email one another and chat on line. Members can enjoy exclusive content produced by Ckrush and will have the opportunity to post their own content as well.
Ckrush's first initiative is "LiveMansion: The Movie," a project that combines the mainstream success of such participatory pop culture hits as MySpace, American Idol and The Blair Witch Project, creating a new business model based on user-generated content. The film's storyline will cross in significant ways between the actual movie and participation on the LiveMansion.com website.
Ckrush is developing multimedia and digital assets that include film making, sports events, and direct sales, utilizing cross-promotional opportunities, as well as exploring digital asset acquisitions.
The conference call can be accessed by calling 888-428-4472, when prompted tell the operator you would like to connect to the "Ckrush conference call". International callers can dial 612-288-0318. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/ckrush/.
About Ckrush, Inc.
Ckrush, Inc. is a cutting edge entertainment and digital media group capitalizing on the global convergence of the traditional entertainment industry and the "participatory pop culture" revolution of online communities and digital technology. The Company produces feature films, sports programs and other content that target young adults, a highly-coveted entertainment industry demographic comprised of 70 million-plus consumers with an estimated spending power in excess of $200 billion annually Ckrush feature films slated to be released in 2006 include, "Beer League," starring Artie Lange, "TV the Movie," starring Steve O and Wee Man of "Jackass" fame; and National Lampoon's "Pledge This," starring Paris Hilton. Ckrush also - promotes and distributes televised sports events and other programming through pay-per-view, video-on-demand and retail channels. For investor-specific information about Ckrush, Inc., including recent news and stock price data, please visit http://www.trilogy-capital.com/tcp/ckrush/quote.html. For General Investor Information, please visit http://www.trilogy-capital.com/tcp/ckrush/. For additional information, visit http://www.ckrush.net.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors; acquisitions of dispositions of business assets; and the potential impact of future decisions by management. More detailed information about these factors may be found in filings by Ckrush, Inc. with the Securities and Exchange Commission. Ckrush, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE: Ckrush, Inc.
Ckrush, Inc. Jeremy Dallow, 212-564-1111 or Trilogy Capital Partners, Inc. Paul Karon, 800-592-6061
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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