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MCTI (.51) MCT Second Quarter Profitable Sales up 178% over Q2 2005 Aug 2, 2006 4:01:00 PM Copyright Business Wire 2006
ST. PAUL, Minn.--(BUSINESS WIRE)--Aug. 2, 2006--
Micro Component Technology, Inc. (OTCBB:MCTI) today reported profitable results for its second quarter ended July 1, 2006. Net sales for the second quarter of 2006 were $3.7 million, an increase of 178% from net sales of $1.3 million for the second quarter of 2005, and additionally up 55% from the first quarter of 2006. Net income was $7,000, or $0.0 per share in the second quarter of 2006, compared to net loss of $1.6 million or $0.06 per share in the comparable prior year period.
Net sales for the six-months ended July 1, 2006 were $6.1 million, an increase of 84.4% from net sales of $3.3 million in the prior year. The net loss for the six-month period of 2006 was $1.1 million, or $0.04 per share, compared to a net loss of $2.6 million, or $0.10 per share in the prior year.
MCT's President, Chairman and Chief Executive Officer, Roger E. Gower, commented, "This quarter was a significant achievement for all of the MCT employees worldwide. We not only shipped twice as many systems in Q2 as in Q1 of 2006 but also received orders within Q2 that exceeded the Q2 shipments. It appears that this growth is not only associated with the increased capacity requirements of our marketplace, but also from existing customers who have identified the cost savings associated with strip test solutions and are now replacing existing capacity to allow them to further reduce their cost of test. Our commitment to rapid product development over the past 10 years appears to be achieving its goals as desired," concluded Gower.
MCT is a leading manufacturer of test handling and automation solutions satisfying the complete range of handling requirements of the global semiconductor industry. MCT has recently introduced several new products under its Smart Solutions(TM) line of automation products, including Tapestry(R), SmartMark(TM), SmartSort(TM), and SmartTrak(TM), which are designed to automate the back-end of the semiconductor manufacturing process. MCT believes it has the largest installed IC test handler base of any manufacturer, with over 11,000 units worldwide. MCT is headquartered in St. Paul, Minnesota, with its core manufacturing operation in Penang, Malaysia. MCT is traded on the OTC Bulletin Board under the symbol MCTI.
For more information on the Company, visit its web site at http://www.mct.com
Except for the historical information contained herein, the matters discussed in this news release are forward looking statements that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, the impact on cash and results of operations from a flattening or renewed downturn in the semiconductor capital equipment market, the need for additional financing, and the other factors detailed from time to time in the Company's SEC reports, including but not limited to the discussion in the Risk Factors and Management's Discussion & Analysis included in Form 10-K for the year ended December 31, 2005 and Form 10-Q for the quarter ended April 1, 2006.
Condensed Consolidated Statements of Operations (Unaudited) (In thousands, except per share data)
Three months ended Six months ended ------------------ ---------------- July 1, June 25, July 1, June 25, 2006 2005 2006 2005 ------- -------- -------- --------
Net sales $3,676 $1,322 $6,051 $3,282 Cost of sales 1,619 869 2,799 1,926 ------- -------- -------- --------
Condensed Consolidated Balance Sheets (Unaudited) (In thousands)
July 1, Dec. 31, 2006 2005 ------- -------- Assets Current assets Cash and cash equivalents $1,425 $77 Accounts receivable, net 2,315 1,661 Inventories, net 2,608 2,194 Other current assets 216 169 ------- -------- Total current assets 6,564 4,101
Property, net 115 148
Debt issue costs and other, net 348 297 ------- --------
Total assets $7,027 $4,546 ======= ========
Liabilities and Stockholders' Deficit Current liabilities Accounts payable $829 $425 Bank line of credit 3,590 2,630 Accrued liabilities 1,550 1,101 Current portions of long-term obligations 4,017 133 ------- -------- Total current liabilities 9,986 4,289
Total stockholders' deficit (7,012) (7,056) ------- --------
Total liabilities and stockholders' deficit $7,027 $4,546 ======= ========
Source: Micro Component Technology, Inc.
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Micro Component Technology Inc. St. Paul Roger E. Gower 651-697-4000 or Investor Relations: Michelle Sprunck 651-697-4026
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WTCH (.09) Wastech, Inc. Receives $4 Million Offer to Sell West Virginia Oil and Gas Rights >CHARLESTON, S.C., Aug. 2, 2006 (PRIMEZONE) -- Wastech, Inc. (Pink Sheets:WTCH) today announced, by and through its subsidiary, Wastech of West Virginia, Inc. ("Wastech" or the "Company"), that it has received a $4 million offer to sell approximately 6,000 acres of its oil and gas rights in Fayette County, West Virginia (the "Property").
H.M. Flood Business Trust, Ltd. (the "Trust"), a purveyor of mineral rights in West Virginia and surrounding regions, as well as the original assignor of the property by Wastech in April, offered to exchange the property for $4,000,000 due the trust through April 2009.
The transaction would amount to a sale price at approximately $678 per acre, and would be subject to close on or before August 1, 2006. Subsequent to the transaction, if accepted by the Company, Wastech would have one remaining payment due the trust on August 25, 2006, in the amount of $980,000, all of which Environmental Energy Services, Inc. (Pink Sheets:EESV) has given a firm commitment to fund through its April Stock Purchase Agreement, as amended, in the amount of $2,125,000.
Mr. Richard D. Tuorto, Sr., president and CEO of the Company commented: "The sale is one of many currently being evaluated by the Company, and under no circumstances would any be agreed to until the Company receives results from its economic reserve study of the mineral rights or solidifies one of its pending offers related to such rights, whichever may come sooner."
About the Company:
Wastech, Inc. is an Oklahoma-based, public holding company, with investments in energy assets and proprietary waste management technologies, specializing in alternate means of collecting, transporting, and disposing of liquid and solid bearing wastes, as well as, integrated waste to energy programs, utilizing environmentally friendly, cutting-edge conversion systems. Wastech currently utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres of coal, coal-bed methane, and oil and gas rights across the mineral rich state of West Virginia, which according to reserve estimates of the State, exceed $1 Billion in value.
The above release should be read in conjunction with the Company's recent submission with the Securities and Exchange Commission on Form 8-K, and can be viewed at http://www.sec.gov, and by visiting the Company's website at http://www.wastech.org.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Wastech's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Wastech's control, will affect actual results. Wastech undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Wastech's annual report on Form 10-KSB for the fiscal years ended December 31, 2002, 2001 and other filings with the U.S. Securities and Exchange Commission.
CONTACT: Wastech, Inc.
(843) 805-6620
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Human BioSystems Granted Their 4th U.S. Patent: #7,083,910 "Preservation of Blood Platelets with Citrate" 8/2/2006
PALO ALTO, CALIFORNIA, Aug 02, 2006 (MARKET WIRE via COMTEX News Network) -- Human BioSystems ("HBS" or "Company")(OTCBB: HBSC) announced today that it has been granted its fourth patent from the U.S. Patent Office. Patent #7,083,910, "Preservation of Blood Platelets with Citrate" should greatly contribute in the area of blood platelet preservation for the two major recipient groups of blood platelets: cancer patients that have undergone chemotherapy and/or radiation treatment (about 70%), and trauma patients suffering from extensive bleeding.
Blood platelets are the congealing component in blood. Before platelets can be released to the medical community for use by human patients, they must undergo a number of tests to assure their purity, which can take one to two days to complete. Then they must be transported to the medical facilities which can add more time. Thus, there is a very limited shelf-life left for these platelets once they are available for use.
Current technology provides for the storage of platelets at room temperature. This allows any bacteria present to grow rapidly over the current 5-day allowable shelf period. The extra storage days possible with the use of the HBS cold storage method should provide a dramatic decrease in the cost and the waste that is inherent in the current blood platelet storage methodology. It should also help keep blood platelets more bacteria free.
"Our newest patent covers the process of cooling blood platelets to near zero degrees Centigrade to keep them fresh and preserved for greater than the current standard of 5 days. We anticipate being able to extend this process to 7 days and beyond. This will reduce the current need to discard stored platelets that have been preserved by existing methods. By developing a cooling method that prolongs the preservation of platelets, we believe this will greatly reduce the risk of bacterial infection while increasing the availability of essential medical resources required to treat cancer and trauma patients," explained Dr. David Winter, President of Human BioSystems.
In the past month Human BioSystems has announced the completion of the second independent test of their blood platelet preservation technology and their preparation for application to the FDA for a license to begin human testing.
Human BioSystems is a developer of preservation platforms for organs and other biomaterials. The Company, which is headquartered in Palo Alto, California with research facilities in Michigan, has made significant progress in its nine-year history. This fourth patent is another milestone for Human BioSystems. HBS also announced recently the signing of a letter of intent to enter the BioFuels business through the acquisition of two ethanol production facility projects from EXL III.
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, results from ongoing research and development as well as clinical studies, failure to obtain regulatory approval for the Company's products, if required, failure to develop a product based on the Company's technology, failure of any such products to compete effectively with existing products, the inability to find a strategic partner or to consummate a relationship with a potential strategic partner on acceptable terms, and other factors discussed in filings made by the Company with the Securities and Exchange Commission
Contacts: Human BioSystems Harry Masuda CEO (650) 323-0943 hmasuda*humanbiosystems.com Yes International Rich Kaiser Investor Relations (800) 631-8127 rich*yesinternational.com Concept Communications, LLC James D. Caldwell Investor Relations (727) 447-0514 jc*conceptcg.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ReelTime VP Chosen to Speak at Digital Hollywood Aug 2, 2006 4:00:00 PM SEATTLE, WA -- (MARKET WIRE) -- 08/02/06 -- ReelTime Rentals, Inc., http://www.reeltimetv.net (PINKSHEETS: RLTR), the first broadband network offering a true full screen, DVD quality, "point, click and watch" online television experience, today announced that Beverly Zaslow, ReelTime's Vice President of Business Development, has been chosen to speak at Digital Hollywood as part of a panel of experts on Broadband Video-On-Demand and its effects on the future of programming.
Digital Hollywood is the premier entertainment and technology conference in the country, with over 15,000 top executives attending each year. Building Blocks 2006 is expected to attract more than 2,000 top industry executives to the event.
Ms. Zaslow has participated in numerous panel discussions over her 25+ years experience in the entertainment industry, speaking as an expert on international co-productions, children's programming, developing new revenue streams and integrating new media into traditional entertainment formats. During the 1990's she produced several award winning television documentaries and began featuring interactive websites, streaming video and DVDs as part of the overall productions.
"I've always been an early adopter and proponent of new media, so I am proud to be a part of Digital Hollywood where entertainment and technology have truly converged as one," said Beverly Zaslow, ReelTime's VP. "As we evolve more and more into digital lifestyles, online distribution is changing the landscape of entertainment and ReelTime is redefining the way that entertainment is delivered."
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Allin Corporation Announces Strong Second Quarter Results 8/2/2006
PITTSBURGH, Aug 02, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Allin Corporation (OTC Bulletin Board: ALLN), a Microsoft Gold Certified technology consulting firm, today reported results for the three months and six months ended June 30, 2006.
For the three-month and six-month periods ended June 30, 2006, revenue was $5.6 million and $10.6 million, respectively, compared to $3.8 million and $6.9 million for the three-month and six-month periods ended June 30, 2005, respectively. The Company recorded net income attributable to common shareholders in the amount of $538,000 ($0.05 per share-diluted) and $623,000 ($0.06 per share-diluted) for the three-month and six-month periods ended June 30, 2006, respectively, compared to a net loss attributable to common shareholders of $83,000 ($0.01 per share) and $443,000 ($0.06 per share) for the three-month and six-month periods ended June 30, 2005, respectively.
"Our second quarter revenue number was our strongest since the fourth quarter of 2000, while our earnings per share number was just one cent off of our record number from the fourth quarter of 2002," stated Rich Talarico, Allin's chief executive officer. "Strong demand for our interactive media services in the cruise industry and strength in our financial services vertical helped to push revenue and earnings. The recognition our Company received as Microsoft's East Region Partner of the Year was also supported with very good financial results in our Pittsburgh office for the second quarter."
Mr. Talarico added, "We have provided guidance that the second quarter of this year would be our strongest and we still expect that to be the case. Due to the timing of initial sailings for a number of newly built cruise ships for our clients, we do not expect to be working on the major portion of any interactive television implementations during the third quarter and expect to record a net loss attributable to common shareholders for that quarter. The results for the fourth quarter are dependent on our success in closing proposals for interactive television implementations that are currently outstanding. Even without considering the potential effect of these outstanding proposals, we continue to expect the full year results to show substantial improvement over 2005."
Revenue increased 47% comparing the quarter ended June 30, 2006 with the quarter ended June 30, 2005. Systems Integration revenue more than doubled period-to-period driven by the strong demand for the Company's interactive services. Consulting Services revenue recorded a 44% increase in the three months ended June 30, 2006 over the comparable period of 2005 and continued to be driven primarily by business intelligence and custom application development using tools such as Microsoft .NET, Microsoft Business Scorecard Manager, Microsoft SQL Server 2005 and SharePoint as well as larger and more complex Microsoft Solomon and CRM implementations. Total revenue for the six- month period ended June 30, 2006 increased 54% compared to the six-month period ended June 30, 2005.
The Company recorded an increase in gross profit for both the three- and six-month periods ended June 30, 2006, as compared to the same periods of the prior year, due to the higher revenue numbers and to increases in the consolidated gross margin percentage. The Company's total selling, general and administrative expenses increased by 17% comparing the quarter ended June 30, 2006 with the quarter ended June 30, 2005, and 24% comparing the six-month periods ended the same dates. The increases were primarily attributable to increased technical head count and increases in depreciation and amortization.
About Allin Corporation
Allin Corporation is a leading provider of solutions-oriented application development and technology infrastructure consulting and systems integration services. Allin specializes in Microsoft-based technologies and was recently recognized as Microsoft's East Region Partner of the Year. Allin's operations are centered on four practice areas: Technology Infrastructure, Collaborative Solutions, Business Process and Interactive Media. Allin leverages its experience in these areas to work with clients through a disciplined project delivery framework to ensure that solutions are delivered on time and on budget. Allin delivers these services through the trade names Allin Consulting, Allin Interactive and the CodeLab Technology Group. The Company maintains offices in Pittsburgh, Pennsylvania; Ft. Lauderdale, Florida; Wakefield, Massachusetts; and San Jose and Walnut Creek, California. For additional information about Allin, visit the Company's Internet sites on the World Wide Web at http://www.allin.com and http://www.codelabtech.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the safe harbors created thereby. These forward-looking statements are based on current expectations and projections about future events and financial trends. The words or phrases "expect," "are dependent on," "continue to expect" and similar words or expressions are intended to identify forward- looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among other things, a concentration in the Company's revenue from certain services and clients, a limited backlog, the Company's ability to expand its markets, limited financial resources, dependence on key personnel and competitive market conditions. These are representative of factors which could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general domestic and international economic conditions and future incidents of terrorism or other events that may negatively impact the markets where the Company competes. The Company undertakes no obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.
ALLIN CORPORATION & SUBSIDIARIES SELECTED FINANCIAL DATA (Dollars in thousands, except for per share data)
The selected financial data for each of the periods ended June 30, 2006 and 2005, presented below, have been derived from the consolidated financial statements of the Company.
Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2006 2005 2006 2005 Unaudited Unaudited Unaudited Unaudited
Cost of sales 2,483 1,786 4,621 3,099 Gross profit 3,142 2,051 6,023 3,813 Selling, general & administrative 2,173 1,872 4,587 3,735 Loss on disposal of assets 3 0 3 0 Depreciation & amortization 103 75 203 140 Total selling, general & administrative 2,279 1,947 4,793 3,875 Income (loss) from operations 863 104 1,230 (62) Interest expense(income), net 9 (4) 10 4 Provision for income taxes 31 0 32 0 Net income (loss) 823 108 1,188 (66) Accretion and dividends on preferred stock 285 191 565 377 Net income (loss) attributable to common shareholders $538 $(83) $623 $(443) Income (loss) per common share - basic $0.07 $(0.01) $0.08 $(0.06) Income (loss) per common share - diluted $0.05 $(0.01) $0.06 $(0.06) Weighted average shares outstanding - basic 7,467,339 6,967,339 7,467,339 6,967,339 Weighted average shares outstanding - diluted 11,928,972 6,967,339 11,931,184 6,967,339
June 30, December 31, 2006 2005 Unaudited Audited Balance Sheet Current Assets: Cash and Cash Equivalents $863 $1,531 Other Current Assets 5,585 3,805 Total Current Assets 6,448 5,336 Other Assets 5,201 5,027 Total Assets $11,649 $10,363
Current Liabilities Bank Line of Credit 0 0 Other Current Liabilities 3,748 6,084 Other Liabilities 3,044 57 Shareholder's Equity 4,857 4,222 Total Liabilities and Shareholder's Equity $11,649 $10,363
SOURCE Allin Corporation
Dean C. Praskach, Chief Financial Officer of Allin Corporation, +1-412-928-2022, or fax, +1-412-928-0225, or Dean.Praskach*allin.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. 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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BEVERLY HILLS, CA, Aug 02, 2006 (MARKET WIRE via COMTEX) -- James Hergott, President of Imperia Entertainment (PINKSHEETS: IPRE), will be on Market News First (www.***.com) to talk about the latest news in regards to his company and Muller Media (PINKSHEETS: MUME), a company IPRE acquired in May. The interview will take place on *** radio August 7, 2006, at 1:00 p.m. CDT.
Imperia Entertainment has emerged as a player in the area of independent film productions and distribution. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing full-length feature films.
The company has amassed a large media library, including the award-winning "Autograph" television series (www.autograph.tv), which airs on the Colours Television Network, and the newly acquired "Faces and Names" television series.
About ***.com
Market News First is an online market news provider which brings investors current news on the market. Market News First is the only online live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily live press conferences, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the Presidents and CFOs of companies to deliver answers to the questions that investors may ask and provide them insight into the companies' present condition and future plans.
Posts: 1086 | Registered: Oct 2005
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SALT LAKE CITY, Aug 02, 2006 (BUSINESS WIRE) -- PrimeHoldings.com Inc. (Pink Sheets: PMHJ), a diversified holding company with early mover initiatives in the oil and gas industry, today announced it has entered into a letter of intent to acquire the drilling rights of a 30-mile extension of the Anton-Irish field, a prolific Lower Clearfork Reef oil field that has produced over 220 million barrels of oil since its discovery in 1946 by Humble Oil.
"In 2001, the current operator of the Anton-Irish field, Occidental-Permian, began drilling into the Wolfcamp dolomite. To date they have 33 new wells that have produced over 6 million barrels of oil," stated Thomas Aliprandi, CEO of PrimeHoldings. "The leasehold has been compiled using well log data from deep wells drilled in the area, seismic interpretation and radiometric surveys. The extension reef structure mapped is over three times the potential of the Anton-Irish reef," Aliprandi continued.
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CPNE (.66) Posts Record Revenue & Net Income in 2nd Quarter; Profits Surge to $1.4 Million Aug 2, 2006 4:18:00 PM
GOLETA, Calif., Aug 2 /PRNewswire-FirstCall/ -- Commerce Planet, Inc. (OTC Bulletin Board: CPNE) today announced record revenues and profits during the second quarter of 2006. Revenue for the quarter ended June 30, 2006 was $7,086,818 vs. $1,258,616 for the quarter ended June 30, 2005, a 460% increase. Net income during the quarter ended June 30, 2006 was $1,460,117 vs. a net loss of ($1,986,382) for the quarter ended June 30, 2005. The Company's complete financial results can be viewed in its Form 10-QSB filing for the quarter ended June 30, 2006.
Commerce Planet CEO Michael Hill stated, "I am very pleased to report such outstanding performance to our shareholders. Clearly our momentum is continuing as sequentially from the first quarter our revenue more than doubled and our profits increased over 650%. In just six months of this year our $11 million in revenue and $1.6 million in net income, far exceeds our performance for all of 2005. Additionally, we recently announced year to date debt repayment of $2.2 million with cash flow from operations and with over $1.8 million in cash, the overall health of Commerce Planet has never been better."
He added, "Our goal as we progress into the second half of 2006 is to increase both the breadth and depth of our offerings by continuing to introduce additional products and services which assimilate seamlessly into our model without disruption to our processes or bottom line. Given the continued robust outlook for online commerce, I believe we are positioned perfectly for further growth well into the foreseeable future."
About Commerce Planet, Inc.
Commerce Planet, Inc. through its websites 'commerceplanet.com', 'osimaging.com', 'onlinesupplier.com', 'buydiscount.com' and 'mysoftwaretutor.com', provides ecommerce solutions, printing, fulfillment, and thousands of high value products at significant savings to its online loyalty club customers and members.
To find out more about Commerce Planet, Inc. (OTC Bulletin Board: CPNE), visit our website at www.commerceplanet.com. The Company's public financial information and filings can be viewed at www.sec.gov.
Forward Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contact: Michael Novielli Chairman Commerce Planet, Inc. mnovielli*commerceplanet.com ph (845)575-6770
SOURCE Commerce Planet, Inc.
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Michael Novielli Chairman of Commerce Planet Inc. +1-845-575-6770 mnovielli*commerceplanet.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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LBTN (.0007) Solos Endoscopy, Inc. and Lifeline Biotechnologies, Inc. to Host Nationwide Teleconference to Update Shareholders on Dividend Aug 3, 2006 8:30:00 AM
BOSTON, MA -- (MARKET WIRE) -- 08/03/06 -- Solos Endoscopy, Inc. (PINKSHEETS: SLSE) and Lifeline Biotechnologies, Inc. (PINKSHEETS: LBTN) are pleased to announce that the Companies will be hosting a Nationwide Teleconference on August 8th at 4:15 p.m. (Eastern Daylight Time) to update the financial community on recent events that affect Solos Endoscopy, Inc., Lifeline Biotechnologies, Inc., and their shareholders.
Lifeline Biotechnologies, Inc. recently announced that shareholders of record as of August 18th, 2006 will receive 1 new share of Solos Endoscopy, Inc. for approximately every 100 shares of LBTN they own as of the record date. Lifeline Biotechnologies shareholders will maintain their stock ownership of LBTN and will receive a dividend in Solos Endoscopy, Inc., a leading medical instrumentation company with worldwide distribution to major hospitals, surgical centers, and physician's offices.
"We are excited to have the chance to update our shareholders and the financial community about the new direction of our company and our imminent stock dividend," stated Jim Holmes, President of Lifeline Biotechnologies, Inc.
"This is a great opportunity for us to speak to our future shareholders and describe our company and business model to the investing community," stated Robert Segersten, President of Solos Endoscopy, Inc.
There is expected to be a high demand for the call-in lines for this Nationwide Teleconference and space will be limited. Please call today 1-866-THE-APPL(E) to reserve your place and receive the information which will enable you to participate in the conference.
About Solos Endoscopy, Inc.:
Solos Endoscopy, Inc. is a healthcare technology company whose mission is to develop and market breakthrough technology, applications, medical devices, and procedural techniques for the screening, diagnosis, treatment and management of medical conditions. Backed by technical support, Solos' sales team can help make the right buying decisions for the hospital, surgery center, or physician office Additional information is available on the Company's website at: www.solosendoscopy.com.
About Lifeline Biotechnologies, Inc.:
Lifeline Biotechnologies develops and acquires undervalued companies which have innovative technology in the Medical, Nutraceutical, and Energy Industries, to increase the growth of the Company. Lifeline Biotechnologies continues to seek out and capitalize on emerging technologies that will change the medical community. More information is available at the company's website: www.lbtn.com.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
CONTACT: Investor Relations 1-866-THE-APPL(E)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PLNI (.0019) Announces That Its FY 2005 First, Second and Third Quarter Financial Statements Have Been Filed With the SEC; Plasticon's Auditing Firm States FY 2005 Audited Financials to Be Completed and Filed in August Aug 3, 2006 9:04:00 AM
LEXINGTON, KY -- (MARKET WIRE) -- 08/03/06 -- Plasticon International, Inc. (PINKSHEETS: PLNI) announced today that the Company's auditing firm has completed the reviews for the first, second and third quarters for FY 2005, and that the audited financial statements for the first three quarters of 2005 have now been filed with the SEC.
According to Jim Turek, President and CEO of Plasticon International, Inc., "Jim Berger, principal of Mendoza & Berger, Plasticon's auditor of record, has written a letter informing the Company that all three quarters for 2005 have been reviewed and filed with the SEC. Additionally, Mr. Berger stated in his letter that the 2005 audit will be completed shortly. (For reference, please see a copy of the letter from Mendoza and Berger enclosed with this release). While the completion of this work does not allow the Company to achieve a timely filing of its periodic reports as required by the Securities Exchange Act of 1934, the Company is working to implement practices that will allow it to become timely in meeting its filing obligations in the future."
Mr. Turek also stated that, "We are pleased to be turning the corner and closing this chapter in the company's history so that we can look forward to focusing on growing the business. The completion of the 2005 audit opens many doors for the Company and will finally allow Plasticon to address the issue of reducing the share structure of the corporation through its anticipated buyback program."
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting-edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. IN SOME CASES FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS REGARDING THE COMPANY'S PLANS, GOALS AND, THE BUSINESS STRATEGY OF THE COMPANY AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF THESE PRODUCTS AND SERVICES. ANY ONE OR MORE OF THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS.
Plasticon International, Inc.: Jim Turek President and CEO 3288 Eagle View Lane, Suite 290 Lexington, Kentucky 40509 web site: www.plasticonintl.com
Contact Investor Relations: Andrea Cox Ph: 866 843 2775
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CCWW (.0007) Cable & Co. Worldwide Announces Its Plan Aug 3, 2006 9:00:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 08/03/06 -- Cable & Co. Worldwide, Inc., a publicly held Delaware corporation (PINKSHEETS: CCWW), announced today its plans for the short-term. In light of Cable's recent acquisition of LifeHeathCare, Inc. (the "Company"), Cable's next steps are to amend its charter, among other things, to change its name to LifeHealthCare, obtain a new trading symbol and CUSIP number for the common stock, and apply to trade on the over-the-counter bulletin board. Cable hopes to complete these next steps shortly.
Cable further announces that it is in the process of completing its financial statements and audits and anticipates being in compliance with its reporting requirements under the Securities Exchange Act of 1934, as amended, in the near future. Upon achieving compliance, Cable anticipates filing with the Securities and Exchange Commission an information statement pursuant to Rule 14(c) of such act which shall effect a 1-for-200 reverse split of Cable's outstanding common stock.
Steven Kessler, the Executive Vice President of the Company, commented, "We are pleased to report progress by the Company on all fronts -- success in its efforts to close and be acquired by Cable, development and implementation of the LifeHealthCare business plan, which includes the evaluation and commercialization of its lozenges, the shipping to Italy of its emergency dental kits and the continual search for appropriate acquisitions and alliances, progress and momentum towards achieving full compliance with applicable public reporting requirements, rationalization of our capital structure, and growing interest by the brokerage community. We will endeavor to capitalize upon these developments and work to achieve further developments with the goal of maximizing value for our stockholders."
About Cable & Co. Worldwide, Inc. and LifeHealthCare, Inc.:
Cable & Co. Worldwide Inc. recently acquired LifeHealthCare, Inc. and will operate under that name. The company acquired specializes in, and the future operations of Cable & Co. will be, the development and commercialization of medical and surgical devices and innovative over-the-counter, non-prescriptive medical and dental care products. LHC is composed of four divisions: CandyDent personal dental care dental lozenge, Emergency Dental Care Kits, Ultrasonic Denture and Mouth Guard Cleansing System, and the Comfort Foot Rest.
Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Michael J. Porter President Investor Relations
Jeff Myhre VP -- Editorial 212.564.4700
Steven Kessler Exec. VP 516-539-0339
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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W2 Energy Inc. to Build 300 HP Rotary Hydrogen Engine Thursday August 3, 9:00 am ET
NEW YORK, Aug. 3, 2006 (PRIMEZONE) -- W2 Energy Inc. ( Pink Sheets:WWEN), a developer of green energy, is pleased to announce it will build a commercial unit of its rotary hydrogen engine. The engine, based on U.S. patent number 5,720,251 acquired by W2 Energy from its acquisition of World Wise Technologies in December 2004, has been modified to accept a large cross section of fuels, including hydrogen. The company plans to build a 300 HP version of the motor that will power an electrical generator. ADVERTISEMENT
Mr. Michael McLaren states, ``We are very excited about this engine and are preparing to submit patent on the changes made to it.'' He also stated, ``Our prototype tests concluded that we can produce a remarkable about of horsepower in a very compact package using all sorts of fuel from low grade diesel to hydrogen.''
W2 Energy continues to push forward on the audited financials and will advise shareholders regularly of the progress.
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 manor, most, if not at 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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FMLY (.0088)Initiates Stock Buy-Back Program Aug 3, 2006 8:30:00 AM Copyright Business Wire 2006
LOS ANGELES--(BUSINESS WIRE)--Aug. 3, 2006--
Family Room Entertainment Corporation (OTCBB:FMLY) is pleased to announce that, effective immediately, FMLY has commenced a program of buying back its common stock on the open market.
The purchases may be made, from time to time, on the open market in compliance with Rule 10b-18 and will be funded from available working capital. The number of shares to be purchased and the timing of the purchases will be based on the level of cash balances, general business conditions and other factors, including alternative investment and/or filmed entertainment opportunities.
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
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Family Room Entertainment Corporation IR Contact: M. Dal Walton III 310-659-9411 x127 ir*fmlyroom.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Quest Minerals & Mining Takes Further Steps in Recommencing Mining Operations, Reaches Settlement With Former Owner of Gwenco
QMMG ( .023 )
Thursday , August 03, 2006 08:00 ET
PATERSON, NJ -- (MARKET WIRE) -- 08/03/06 -- Quest Minerals & Mining Corp. (OTCBB: QMMG), a Kentucky-based operator of energy and mineral related properties, today announced that it taken a significant step towards recommencing mining operations by reaching a settlement with the former owner of its wholly owned subsidiary, Gwenco, Inc., Albert Anderson. As part of the settlement, Gwenco received mining permit renewal and transfer documentation, which Gwenco is required to obtain in order to recommence mining operations at its Pond Creek mine at Slater's Branch, Kentucky. Further, Mr. Anderson agreed to provide all reasonable cooperation in recommencing mining operations at the Slater's Branch mine.
In addition, the parties agreed to mutually dismiss their respective counter-claims against each other in a civil action pending in Boyd County Court, Kentucky. In that action, Mr. Anderson was seeking to rescind Quest's acquisition of Gwenco, or alternatively, seeks unspecified compensatory and punitive damages.
Eugene Chiaramonte, Jr., President of Quest, stated, "Settling this matter with Mr. Anderson is a critical and significant step in recommencing mining operations at our Pond Creek mine at Slater's Branch. As a result of this settlement, we have obtained certain necessary and critical mining permit and renewal documentation which we need to recommence mining operations at Slater's Branch. By obtaining this documentation, Gwenco can now proceed to complete the permit application process necessary to recommence mining operations at the Pond Creek mine.
"In addition, this settlement is another step in our ongoing initiative to resolve our debt and improve our financial liquidity," continued Mr. Chiaramonte. "This settlement resolves any remaining uncertainties with respect to our obligations to Mr. Anderson under the original purchase agreement for Gwenco, it removes any possibility of an adverse ruling or judgment at trial, and it alleviates our need to allocate resources to litigating the dispute with Mr. Anderson. We are pleased to have resolved these uncertainties associated with our acquisition of Gwenco so we can fully focus our energies and resources on growing the business. We are pleased to have brought this matter to a favorable resolution for the parties involved and look forward to an ongoing productive and cooperative working relationship with all parties going forward."
In addition to the above, the parties agreed to terminate all remaining rights, duties, and obligations under the original stock purchase agreement entered into in connection with the acquisition of Gwenco by Quest. In consideration for Mr. Anderson's cooperation and covenants, and in consideration for the releases, dismissals, and terminations, Quest made a one-time cash payment of $75,000 to Mr. Anderson, issued 3,500,000 shares of Quest common stock, subject to a lock-up/leak out agreement, to Mr. Anderson upon conversion of his Series B Preferred Stock, the terms of which were amended under the settlement agreement, and granted Mr. Anderson a sliding scale royalty on coal sales. Further, as part of the settlement agreement, Mr. Anderson provided notarized resignations from Quest and Gwenco, and the parties provided mutual non-disparagement covenants.
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questminerals.com.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.
-------------------------------------------------------------------------------- For Investors: Quest Minerals & Mining Corp. Eugene Chiaramonte, Jr. 973-684-0075
For Members of Media: Loran Hickton Salmon Creek Public Relations Inc. Portland OR, Vancouver WA, Boise ID, Paterson NJ lhickton*salmoncreekpr.com (360) 571-5560
Source: Quest Minerals & Mining Corp.
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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NEW YORK, Aug. 3, 2006 (PRIMEZONE) -- W2 Energy Inc. ( Pink Sheets:WWEN), a developer of green energy, is pleased to announce it will build a commercial unit of its rotary hydrogen engine. The engine, based on U.S. patent number 5,720,251 acquired by W2 Energy from its acquisition of World Wise Technologies in December 2004, has been modified to accept a large cross section of fuels, including hydrogen. The company plans to build a 300 HP version of the motor that will power an electrical generator.
Mr. Michael McLaren states, "We are very excited about this engine and are preparing to submit patent on the changes made to it." He also stated, "Our prototype tests concluded that we can produce a remarkable about of horsepower in a very compact package using all sorts of fuel from low grade diesel to hydrogen."
W2 Energy continues to push forward on the audited financials and will advise shareholders regularly of the progress.
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 manor, most, if not at 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.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Intelligent Sports, Inc. Appoints NFL Hall of Famer Kellen Winslow to Board of Directors Thursday August 3, 8:52 am ET
UPLAND, CA--(MARKET WIRE)--Aug 3, 2006 -- Intelligent Sports, Inc. (Other OTC:IGTS.PK - News) is pleased to announce today that National Football League (NFL) Hall of Famer Kellen Winslow has been appointed to the Company's Board of Directors. Mr. Winslow is currently the Vice President and Director of Planning and New Event Development for Disney Sports Attractions and holds a Jurist Doctorate. ADVERTISEMENT
Kellen Winslow's play at the tight end position, for the San Diego Chargers, earned him four consecutive AFC Pro Bowl appearances from 1980-84. Mr. Winslow's football career ended in 1987 with 541 receptions, 6,741 yards and 45 touchdowns. In 1995, Mr. Winslow received the highest honor in the NFL by being inducted into the Hall of Fame in Canton, Ohio.
Kellen Winslow made the jump into broadcasting in 1989 as co-host of "Sports Wrap," a weekly NFL recap show on the NBC affiliate in San Diego. In 1991, he joined Mizzou Sports Network serving as an analyst for the University of Missouri football telecasts. Moving to ESPN in 1994, Mr. Winslow spent one year as a sideline reporter and one year as an analyst for their "Saturday Night Primetime" football telecasts. He joined FOX Sports Net in 1998 as an in-studio analyst for the network's "College Football Saturday" pre and post game telecasts, and as a college football analyst for the "National Sports Report."
"We are very pleased to have someone of Kellen Winslow's caliber join our Board of Directors. Mr. Winslow will be an incredibly valuable asset to our company because of his knowledge, experience, and contacts within the sports and entertainment industries," stated Thomas Hobson, founder and CEO of Intelligent Sports, Inc.
About Intelligent Sports, Inc.:
Intelligent Sports, Inc. provides organized youth fitness and academic programs. These programs allow kids to grow athletically and intellectually. Whether it is tutoring, health development, or specialized fitness training -- Intelligent Sports will have something that will meet their general athletic and physical needs. Intelligent Sports will launch the business model in other targeted communities throughout the country over the next several years.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisition of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: Contact: Intelligent Sports, Inc. Investor Relations 1-866-THE-APPL(E)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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MUME (.036) Director's Cut of Imperia Entertainment's ``Say It In Russian' Finished Aug 3, 2006 8:31:00 AM Copyright Business Wire 2006
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Aug. 3, 2006--
Imperia Entertainment (Pink Sheets:IPRE) announced today that Director Jeff Celentano has finished his director's cut of the feature film, "Say It In Russian." "This marks the final stage of post production, and we expect that the film will be ready to present to film festivals by August 15," said Straw Weissman, Post Production Supervisor. An original musical score for the film is currently being composed by award winning composer, Vincent Gillioz (The Grudge, Runaway Jury).
About "Say It In Russian"
"Say It In Russian" (www.sayitinrussianmovie.com) marks the leading role debut in American film for Agata Gotova, who also penned the screenplay which is loosely based on her true life story. The powerful film follows the story of an American man who falls in love with a young Russian girl and follows her to Russia, where he gets involved in a hurricane of events surrounding her father, a rich Russian oligarch. Legendary talent Faye Dunaway also stars in the film, which is set in the picturesque capitals of Paris and Moscow.
A newcomer to American cinema but not to the entertainment industry, Gotova began her career as a child in the former Soviet Union, where she starred in the children's morning television show, "Budilnik." As a teenager, she toured Europe and the Soviet Union as a principal member of the dance ensemble, "Kalinka," and headlined the 1989 film, "Kalinka." As a young adult, she developed a successful theater career in Russia, which culminated in famous satirist Mikhail Jevanetsky's "Political Cabaret," before immigrating to France and then to the United States, where she has produced films and television programs, including the award-winning celebrity interview program, "Autograph."
Additional cast members include Steven Brand ("The Scorpion King"), Rade Sherbedgia ("Surface"), Alex Nesic ("Sleeper Cell"), Steven Berkoff ("Beverly Hills Cop"), star leading man of the Soviet film era, Oleg Vidov ("Red Heat"), actress Musetta Vander ("Wild Wild West"), and actor Elya Baskin ("Moscow on the Hudson").
About Imperia Entertainment
Imperia Entertainment, Inc. (www.imperiaentertainment.com) has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing and distributing full-length feature films. Along with its equity interest in "All That I Need" (www.allthatineed.net), released in theaters last December, Imperia's film properties include its feature film in post production, "Say It In Russian," "Brothers," by Tarquin Gotch ("Home Alone"), "Never Submit," a feature film on the subject of mixed martial arts, "Whiskers," a family film by Jordan Klein (Flipper, Cocoon), made by Imperia's subsidiary, Muller Media, Inc. (Pink Sheets:MUME), and the award-winning "Autograph" television series (www.autograph.tv), which airs on the OlympuSAT system.
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 Imperia entertainment, 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. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. All financial projections have been prepared by management, and are based on assumptions as to future events and conditions which may or may not occur. Most of these assumptions are beyond the company's control and merely represent management's forecasts. To the extent actual experience varies from any one or more of the assumptions, actual financial results will differ. While the company makes these projections in good faith, investors are cautioned that they are based on the company's limited experience, represent goals and objectives, and are unreliable and of questionable value when making an investment decision.
Source: Imperia Entertainment, Inc.
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Imperia Entertainment James Hergott 310-275-0089 imperiaentertainment********** or Vivian Fullerlove 972-562-0616 musbviv*yahoo.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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MTPT 0.37 signed an agreement to provide ticketing for Cornstock Florida 2006
>ORLANDO, Fla., Aug. 3, 2006 (PRIMEZONE) -- Metropolis Technologies Corp. (Pink Sheets:MTPT) announced today that its subsidiary CyberGlobe International Holdings AVV Limited has signed an agreement to provide ticketing for Cornstock Florida 2006 (www.cornstockconcert.com) -- the greatest Country Western concert to ever be held in the United States with an expected attendance in excess of 500,000.
Michael Smith, President, stated, "The software allows event organizers to manage the event and create ticket types, assign pricing, and sell tickets online and through their satellite box offices. The system provides event organizers with real time inventory and sales statistics. Tickets are processed and fulfilled electronically through the system with the ability to support inventory, facility charges, processing charges and taxes."
Cornstock Concert, The Series' CEO, Bob Billingsley, stated, "It takes a lot to put on a concert of this magnitude. We are very fortunate to have team members such as Metropolis Technologies Corp. with the highest level of communication and dedication working for us. Metropolis Technologies Corp. has gone above and beyond in assisting us to put together a concert that will be an unforgettable event. Metropolis Technologies Corp. is a firm filled with talented, experienced and highly-trained professionals that conduct their work with passion and integrity."
Patrons purchase tickets through their personal computer, select the quantity, and choose the method of payment and then print the bar coded tickets. The tickets are redeemed at the venue entrance via the scanning of a bar code. Key advantages of the system are that it is deployed through the Internet and it is managed by the event organizer with little assistance from CyberGlobe. Clients have complete control over events while reducing administrative overhead for CyberGlobe. This strategy is in keeping with CyberGlobe's business model of providing high quality products to its customers, with high profit margins.
About Metropolis Technologies Corp.
Metropolis has a vision of improving the way individuals, businesses and governments communicate, create partnerships, develop revenue generating activities, and grow within a community. Our mission is to innovate, bringing people and ideas together to deliver better products, innovative services and unique business opportunities to a global marketplace.
About CyberGlobe International Holdings AVV
CyberGlobe enables e-commerce on a local, national and international basis with an array of interconnected portals. CyberGlobe will become a premier provider of local information in the markets that its Portals serve on topics ranging from restaurants and shopping to travel and professional services.
Cornstock Concert, the Series LLLP
Cornstock Concert, the Series LLLP in coordination with Crowd Pleaser Artists is organizing what has been termed the greatest concert ever produced in the United States. Twenty-one top recording artists in country music will perform for three days in sunny Central Florida October 6th, 7th and 8th.
To date, over 30,000 man hours and hundreds of thousands of dollars have been spent to produce this event. The expected attendance is 250,000 per day. Cornstock Concert, the Series LLLP will make sizable donations to "Habitat for Humanity" and "Homes for our Troops" to name a few.
This announcement contains forward-looking statements regarding Metropolis Technologies Corp. and CyberGlobe International Holdings AVV. Those statements involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include the future growth of CyberGlobe's user base and public acceptance of Internet services, rapid technological changes in the Internet sector, and global developments in the regulation of Internet services. All forward-looking statements are based on information available to Metropolis Technologies Corp. on the date hereof, and Metropolis Technologies Corp. assumes no obligation to update such statements.
CONTACT: Metropolis Technologies Corp. Michael Smith Michael.Smith*MetropolisCorp.com www.metropoliscorp.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NEOM (.182) Subsidiary Provides Mobile Application for U.K. Company 'One' Aug 3, 2006 8:44:00 AM Copyright Business Wire 2006
FORT MYERS, Fla., & LONDON--(BUSINESS WIRE)--Aug. 3, 2006--
Mobile marketing specialist Sponge, a division of NeoMedia Technologies, Inc. (OTC BB: NEOM), is providing its "text to win" application for an international mobile promotion staged by One (brand) bottled water (www.onewater.org.uk) to bring clean water to Africa.
One Water is an example of "ethical" (cause-related) marketing that is gaining considerable momentum in the U.K. and elsewhere in the Western world. All the profits from sales of One Water - which is sold at leading U.K. retailers including Waitrose, Morrisons, Co-Op and Total - go to building unique roundabout PlayPumps overseas, which will improve people's lives by providing free, clean water for drinking, cooking, and washing.
One supports the Roundabout charity (www.roundabout.co.za), which installs PlayPumps in African villages, replacing traditional hand pumps. PlayPumps work through the rotational movement created by children playing on them, much like a merry-go-round. As the children play, the merry-go-round drives a pump to extract water, which is then channelled into large storage tanks. The PlayPumps are so efficient, that there is usually excess water available for irrigation purposes, which was not possible with hand pumps.
NeoMedia's Sponge became involved when One Water approached the London-based leader in mobile marketing applications and content delivery for help with its summer promotion -- to win a trip to Africa, said Jessie Britton of Sponge. "NeoMedia and Sponge were delighted to support this important cause by donating our expertise and giving One Water full access to our 'Text to Win' mobile interactivity, to help them build brand awareness and conduct their promotion," she said.
The grand prize in the promotion is a trip to Africa, where the winner will help build and install a roundabout PlayPump. The August through October promotion is featured on 1 million-plus bottles of One Water, a national outdoor advertising campaign, an online campaign, and e-mail.
One Water founder Duncan Goose credits Sponge with "providing the finishing touch we needed for this promotion. We approached Sponge because of the company's fantastic reputation in handling high traffic promotions, and we were delighted when they not only agreed to work with us, but also donated some very valuable marketing support."
Martin Copus, COO of NeoMedia and president of its mobile business unit, said, "It is exciting and worthwhile to see mobile technology being used to help improve people's lives in this way. We salute the wonderful initiative of One Water and their partner Roundabout."
About Sponge Ltd.
Sponge, a NeoMedia Technologies company (OTC BB: NEOM), is the U.K. market leader in providing mobile applications to agencies and media groups, and has gained recognition as one of Europe's top independent developers of mobile applications and content. Founded in 2001, Sponge counts among its clients more than 40 agencies, including WPP, Aegis and BBH, and supplies services to over 100 world-class brands, including Coca-Cola, Heineken, Diageo, Walker's and Lynx/Axe. Sponge also supplies a range of mobile services to media groups, including News International, Trinity Mirror, Endemol and IPC. For more information, visit www.spongegroup.com
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.
Along with Sponge, NeoMedia's recently acquired companies include 12snap AG (www.12snap.com), Mobot, Inc. (www.Mobot.com), a Lexington, Massachusetts-based pioneer in mobile visual recognition technology, 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 or Bluebear Suzie Phillips +(44) 1707 320274 susie*bluebear.co.uk
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UPZS (.30) Unique Pizza and Subs Converts Quiznos Location Aug 3, 2006 9:00:00 AM 2006 PrimeZone Media Network
PITTSBURGH, Aug. 3, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS) a Delaware Corporation, has increased its presence in Western Pennsylvania through the efforts of a new franchisee, Heather Papinchak of Mt. Pleasant, Pennsylvania. Unique Pizza and Subs' newest location will be located near Donegal, PA. Papinchak will be converting a recently closed Quiznos location into a free-standing Unique Pizza and Subs franchise. This location will not only be operated as a high volume franchise location but it will also be utilized as a training facility for the region. The new franchisee is looking forward to future development in the region: "We have been loyal customers of Unique for many years and fully believe the quality of their product is better than any other pizza or subs franchise out there. With Unique's nationwide expansion, we felt this was the perfect time to open our first of many new locations."
William J. Vowler, GM and Vice President of Unique Pizza and Subs, stated, "This puts our conversion strategy into action perfectly. We will be acquiring another very high-profile, free-standing location in the heart of a busy shopping and retail district, as evidenced by the presence of Wal-Mart and other major chains. The Papinchaks have run a number of other successful businesses, including franchise restaurants, and their belief in Unique Pizza and Subs is another indication of the support for our brand by franchisees, customers and the investment community." The new addition to Unique Pizza and Subs' roster of stores is expected to be open in Mid-September.
The end of summer is proving to be extremely busy for Unique Pizza and Subs. Poised to open in August are franchises in Boston, Massachusetts, Norfolk/Chesapeake, Virginia, Austin, Texas and Milwaukee, Wisconsin. The company is also in negotiations for: Houston, Texas; Clinton, Michigan; Worchester, Massachusetts; Ontario, California; Royal Oak, Michigan; San Diego, California; Plymouth, Michigan and Baton Rouge, Louisiana as well as several additional locations in Western Pennsylvania.
About Unique Pizza and Subs Corporation, a Delaware Corporation
Since the beginning of its development stages back in 1991 Unique Pizza and Subs clearly has separated themselves from the other major pizza franchises. They needed to have more than just the best product in the industry; they needed a way to grow rapidly in any market. They noticed all the major pizza franchises were predominately located in only highly populated markets, leaving a tremendously large pizza eating population only serviced by independent pizza shops. Two of the main reasons the major pizza franchises do not locate in smaller markets is because of their inferior quality of their product compared to the local independents and their corporate ownership is not usually welcomed. To succeed in a smaller market, a pizza shop needs to have these key elements: a high quality and consistently made product (all of their recipes were designed to have the quality of a "mom and pop" pizza shop with the consistency of a major franchise), good, professional and friendly customer service (UPZS is the only publicly traded pizza franchise that will have all of its locations orders routed to their professionally staffed Customer Response Center), and an owner that lives, works and pays taxes in that small market (all of the conversions of independent pizza shops into Unique Pizza and Subs will retain the same local ownership).
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
CONTACT: Mirador Consulting For Unique Pizza and Subs Corp. Investor Relations (561) 989-3600 Fax: (561) 989-0069
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CYOP Systems Launches Online Casino for Cash Play Business Wire - August 03, 2006 09:30
LONDON, Aug 03, 2006 (BUSINESS WIRE) -- RedFelt Software Ltd. (UK), a wholly owned subsidiary of CYOP Systems International Inc. (OTCBB:CYOS), a provider of online casino software and operator of games portals, is pleased to announce that its sites www.redfelt.com and www.redfeltcasino.com are open for cash play.
Games include Blackjack, American Roulette, Video Poker, Classic Slots, Craps and 35 other games. The software is offered in an Instant Play/No download Flash version meaning customers may play within 60 seconds from entering the site.
RedFelt.com is being marketed in English, with plans to roll out versions in Japanese, Spanish, French, Dutch, German, Italian, Korean, Russian, Traditional Chinese and Simplified Chinese.
The Company is also licensing its gaming software to third parties and selling Full Turnkey Licenses, White Label Solutions and Affiliate Programs. More information may be found at www.redfeltsoftware.com.
Mitch White, CEO of CYOP, remarked, "We are excited to be taking deposits at our casino and will be increasing our payment options over the coming weeks. We are committed to having the safest, most secure casino site online, using the latest software to run the games professionally and assuring that our games uphold the highest standards of integrity and fair play."
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.
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VKPW (.18) Announces Agreement with Conval, Inc. Aug 3, 2006 9:47:00 AM Copyright Business Wire 2006
MANALAPAN, N.J.--(BUSINESS WIRE)--Aug. 3, 2006--
Viking Power Services, Inc.("Viking"), currently listed in Pink Sheets as stock symbol VKPW, announces an ("Agreement") between its Manalapan, New Jersey based mechanical contracting division Jersey Boiler, LLC ("Jersey Boiler") and Somers, CT based Conval, Inc. ("Conval").
Conval and Jersey Boiler are pleased to announce the creation of the Conval Authorized Repair and Installation Center. According to Michael Hendrick, Vice President Sales and Marketing for Conval Inc., "We are pleased and proud to announce our appointment of Jersey Boiler as the authorized repair and installation center for Conval clampseal valves. This strategic alliance enables Conval to offer a first class valve with first class service, repair and installation to all of our customers." Conval has conducted training for Jersey Boiler, certifying their specialists in the proper installation, welding procedures, disassembly and repair of the highly regarded Clampseal valves. Conval is located in Somers, CT and has high pressure globe and check valves installed in utility and other critical services around the world.
Viking Power Services, Inc. President / Chief Operating Officer, Jay Sikora, will oversee the execution of all projects for Jersey Boiler. Mr. Sikora stated, "This agreement with Conval, which allows the company to broaden our services to our existing customers as well as create many new opportunities to work with new customers, is yet another step toward Viking's ability to deliver a single source solution to the energy services market."
About Viking Power Services, Inc.:
Viking Power Services, Inc. is an emerging company that is committed to providing a single-source solution for all maintenance and repair services within the energy provider and plant maintenance infrastructure. Through strategic acquisitions and specialized partnerships the company will continue to deliver expert repair and maintenance services to energy providers and power producers throughout the US. Jersey Boiler, LLC, the company's primary operating division, was founded in 2003 and continues to deliver services across its three divisions: power plant repair division, mechanical contracting and heating boiler repair and replacement.
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.
Source: Viking Power Services, Inc.
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Viking Power Services Inc. Ray Mancison 732-792-2437 rmancison*vikingpower.org
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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EntreMetrix Expands Its Venture Development Platform to Florida
IRVINE, CA -- (MARKET WIRE) -- 08/03/06 -- EntreMetrix, Inc. (OTCBB: ERMX) today announced its plans to expand the Company's Venture Development Platform by adding new venues for its popular Venture Dinner Forums.
Scott W. Absher, EntreMetrix's CEO, stated, "Our expansion into Florida has opened up the opportunity to bring our Venture Development Forum to an expanded audience. We have been actively meeting firms in Florida who, like EntreMetrix, share a passion for early stage opportunities. Our Venture Development Forum will provide platform to connect early stage companies with the early stage investment community."
EntreMetrix will feature its portfolio companies and Venture Development clients at a number of events and venues which are scheduled to begin this fall.
EntreMetrix plans to develop a number of portfolio investment scenarios in its quest to increase the Company's net asset value. The Company intends to accelerate its Business Development platform by using its expertise in capital formation, strategic growth and public market entry to the benefit of its eligible portfolio companies. EntreMetrix' expertise provides unique advantages for its eligible portfolio companies, including the possibility of creating a liquid market for the companies' securities. The Company's plan includes equity distribution of each portfolio company to EntreMetrix shareholders of record at the time of a public market entry of the Company's portfolio investments.
About EntreMetrix: Based in Irvine, California, EntreMetrix is a Business Development Company, regulated under the Investment Company Act of 1940, and a provider of essential structural and financial support services to small business clients throughout the United States. The Company's structural support services create value for clients by providing expertise in the areas of employee and financial management -- eliminating the need for clients to manage non-core functions. For many clients, the EntreMetrix relationship results in access to structural and financial resources needed to sharpen business focus and accelerate growth. For more information on EntreMetrix, Inc., visit the company's Web site at http://www.entremetrix.com or contact Scott W. Absher (888) 798-9100. The Company's corporate offices are located in Southern California at 18101 Von Karman Avenue, Suite 330, Irvine, California 92612.
Safe Harbor Statement: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Statements in this release that relate to the Company's plans and strategies, as well as management's expectations about new and existing products and services, acquisitions and opportunities, market growth, demand for acceptance of new and existing products and services are forward-looking statements. In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," 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 forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors. The Company undertakes no obligations to publicly update or revise such statements. For more details, please refer to the Company's Securities and Exchange Commission filings.
Contact: Scott W. Absher (888) 798-9100 investorinfo*entremetrix.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ABZS (.075)Receives Strong Upgrade by Respected Research Firm; Management Reports Second Quarter Sales Surge 49% to $1.1 Million Aug 3, 2006 10:13:00 AM Copyright Business Wire 2006
Abazias Diamonds (OTC BB: ABZS) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on ABZS. This strong upgrade comes at a time when the company reported a surge in second quarter sales of 49% to $1.1 million. Gross profit margin experienced a similar surge of 21% to $236,000. Management is now forecasting continued growth heading into third and fourth quarter of 2006.
TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com
Mr. Oscar Rodriguez, CEO of Abazias Diamonds states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction." Mr. Rodriguez further stated, "Our ever expanding database of high-quality diamonds combined with out incredible pricing makes Abazias.com the frontrunner in the marketplace. In fact, the proof is in the numbers. Our first quarter sales were up 165% and our gross profit was also up 167% from the same quarter last year. For the second quarter, sales continued to surge 49% to $1.1 million."
For additional information, please visit our web site at: www.abazias.com.
About Abazias Diamonds:
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 .
Forward-Looking Statements:
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
Source: Abazias Diamonds
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SmallCapVoice.com Investor Relations Stuart T. Smith 512-267-2430 SSmith*SmallCapVoice.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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UCSY (.0105) Announces New Orders for 530 Air to Water Machines for France and the Caribbean Company to Exhibit at the Aquatech Show in Amsterdam in September Aug 3, 2006 10:48:00 AM
MIAMI BEACH, FL -- (MARKET WIRE) -- 08/03/06 -- Universal Communication Systems, Inc. (OTCBB: UCSY) (BERLIN: UVC) (XETRA: UVC) (FRANKFURT: UVC) (MUNICH: UVC) (WKN: 917633) subsidiary Atmospheric Water Technologies, Inc. announced today that is has received new confirmed orders for 530 Air to Water Machines for France, St. Martin and Guadeloupe.
Company president Michael Zwebner stated today, "We continue to open more markets, and make sales of our successful range of air water machines. The company continues to grow sales. In early September, the company will roll out our new machines and new air water products. In addition, we have now received initial orders for the exclusive new innovative AW Coffee Maker that makes its own Water (from air) for Coffee. We will announce further developments soon."
The company also announces that it will be exhibiting its wide range of Air to Water machines in Amsterdam in September 2006. More details to follow soon.
The company further announces the formation of a special new company website, www.awcoffeemaker.com where full information and images of the new MAGIQUE coffee maker can be viewed. The website also offers the product for sale on line.
About Universal Communication Systems, Inc.
For more information on the company, please visit the company's official web site at: http://www.ucsy.com
About Solar Style Inc.
Full product images and complete details are available on the company's website: www.solarstyle.com
About Air Water Corporation
Full product images and complete details are available on the company's website: www.airwatercorp.com
SAFE HARBOR
Caution Concerning Forward-Looking Statements by Universal Communication Systems, Inc.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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, and factors affecting the integration of the businesses of Universal Communication Systems, Inc. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact: Universal Communication Systems, Inc. Miami Beach Rolando Sablon 305-672-6344 Company web address: http://www.ucsy.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WWNG (.14)Enters Into Strategic Partnership, to Commence Recompilation of Well Aug 3, 2006 10:58:00 AM 2006 PrimeZone Media Network
FARMINGTON, N.M., Aug. 3, 2006 (PRIMEZONE) -- WW Energy Inc. (Pink Sheets:WWNG) announced today that its subsidiary WW Oil & Gas Inc. has entered into a strategic partnership with Success Oil Company based in California.
The Tubb Lease Oil and Gas Project, operated by Success Oil Company and located in the Crawar Field in Ward County, Texas, is the site of the first well that has been planned for re-completion by the new partnership. The well was producing approximately 2,444 mcf per month when plugged and abandoned in 1977 and is located in a known geological formation with an historical 80-90 percent success ratio. The well has multiple pay zones, with a portion of the expected production coming from coal bed methane, which qualifies for tax credits.
The Crawar Field has historically been a prolific producer of oil and gas. Nearby leases are owned by Chevron and Amoco among others. In particular, in October of 2000 Chevron re-completed a well 1,200 feet from the location of the planned re-completion well by the new partnership involving WW Oil & Gas Inc. This re-completion well is still currently producing at approximately 28,000 mcf of gas per month. The same geological structure and pay zones as found in the Chevron re-completion well exist in the planned re-completion well by the partnership. At $60 per barrel of oil and $7 per mcf of natural gas estimated reserves of the Tubb Lease Oil and Gas Project exceed $59 million on a total mineral reserves cash basis.
WW Energy Inc. is a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets through two wholly owned subsidiaries.
WW Oil & Gas Inc., established in 2005, is in the business of acquiring leases and oil and gas-related assets. Such acquisitions are for the purposes of development, exploration, and exploitation. The company currently has exploitation projects in Texas, Utah and New Mexico. Comprehensive drill programs are being developed for full exploitation of these projects.
WW Trucking Inc., formed in 1999, is a leading oil and gas services company for the oil field services industry in Utah, Colorado, New Mexico and Arizona (The Four Corners Area). Their existing business operations are in transporting fresh production water for oil drilling/exploration and waste water for disposal. They also provide services for heavy hauling of drilling and well equipment needed in the oil and gas production and exploration industry.
Success Oil Company, formed in 1990, is an innovative organization that acquires leases that have "proven undeveloped reserves" in the state of Texas. By using proven track records in various leases, they are able to acquire new leases and reserves while minimizing stakeholders' risks. The company has operated 121 wells in Texas and is also a drilling contractor on a turnkey basis.
Forward-looking statements
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.
CONTACT: WW Energy Inc. Investor Relations Teresa Diedrick (505) 566-9100 www.wwenergyinc.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SDGL (.082)``On Course'' for Continued Growth, Chairman Tells Shareholders; Voices Optimism for Emerging Media Opportunities Aug 3, 2006 10:45:00 AM Copyright Business Wire 2006
Secured Digital Applications, Inc. (OTCBB:SDGL) is "on course" to continue its growth during 2006, expanding from its core business as a media production company into the development of free-standing multi-media displays incorporating "through glass" technology, Chairman and CEO Patrick Lim told shareholders this week.
Secured Digital earlier this week forecast that its revenue for the first 18 months of 2006 will exceed $18 million, an increase of 30 percent over the first six months of 2005. Secured Digital's growth rate since 2001 has been approximately 45 percent annually.
In remarks at the company's annual meeting of stockholders, Lim also said that Secured Digital, which has nearly doubled its sales during the past two years, described the company's evolution from a broadband company into a global media production company and its entry into the informational kiosk and display business.
"We are not a broadband company any longer. We are an organization of technology-based companies and we operate in areas that have developed well for us: multi-media content, information and security technology systems; and consumer media products," Lim explained.
"I have great optimism for this company," Lim said. "I believe that we have a competent and stable management team. I believe that our strategy is sound, that we execute our strategy better today than at any time in our past and that we will improve our execution in the future."
Lim also noted that the company's decision to retire outstanding issues of debt and preferred stock had made the company more stable. "Our decision to clean up the balance sheet and eliminate the drag on performance caused by preferred dividends and interest appears to have been the best course of action. Our net earnings have improved substantially."
The company, which conducts its primary operations in Malaysia, has reorganized to increase its presence in the United States, Lim said, by developing new markets for its media products and business outsourcing services to be offered later this year.
"We have done well in many areas. The annualized growth rate for the last five years is 45 percent and there are few businesses that would not look at that rate of growth without feeling a sense of accomplishment," Lim told shareholders. "I see a bright future for Secured Digital Applications with more opportunities to enhance the value of our company. This is management's principal goal."
About Secured Digital Applications, Inc
Secured Digital Applications, Inc. is a global media production company providing content for television, the Internet and free-standing digital displays, and also designs and installs on-site multi-media presentations. SDA also develops and implements solutions for biometric security systems and business process applications, and sells consumer media products through a chain of stores in Malaysia.
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.
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Secured Digital Applications Inc. Valerie Looi 011 (603) 7955 4582 valerie.looi*digitalapps.net Jay McDaniel 201-843-0222
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CTUM (.37) Issues Letter to Shareholders Aug 3, 2006 11:00:00 AM Copyright Business Wire 2006
CORPUS CHRISTI, Texas--(BUSINESS WIRE)--Aug. 3, 2006--
CSMG Technologies, Inc. (OTCBB: CTUM) President and CEO Donald S. Robbins issued the following letter to shareholders:
Dear Fellow Shareholders:
We are very pleased to report to you that since our last update of just a few months ago, we have made excellent progress towards realizing several important operating strategies to fund and grow CSMG, especially our Live Tissue Connect subsidiary. We believe these very significant developments will greatly benefit the Company and all our shareholders.
Live Tissue Connect
Important near term developments were announced in a July 18, 2006 press release concerning funding of our medical equipment subsidiary, Live Tissue Connect, Inc. (LTC), via an initial public offering. We have engaged the investment banking firm Empire Financial Group, Inc., a qualified and experienced underwriter, for a firm commitment underwriting, to raise a minimum of $5 million in an IPO, and to immediately raise for CSMG up to $3 million in a privately placed bridge funding. Neither the offering price of the shares of the IPO, nor the amount of shares has yet been determined.
It is the intent of management and Empire Financial Group to qualify Live Tissue Connect, upon going public, for listing on a major board, either NASDAQ or the American Stock Exchange. This would infer a price of $5 per share for the IPO, and if we sold a total of two million shares, for a total of $10 million, this would result in approximately 17 million shares of LTC outstanding, or a market valuation at about $85 million. At that point, CSMG would own 12.9 million of the 17 million shares outstanding in LTC, or almost 76%. At a market price of $5 per share, this would immediately add about $64.5 million of shareholder value to CSMG. Assuming CSMG has approximately 35 million shares outstanding at the time of the IPO, this would boost CSMG shareholder book value to approximately $2 per share. If CSMG stock were to sell at book value, which is a very conservative valuation, this would reflect an increase of over 500% from the current market price for our stock.
It is important to note that we plan to sell shares in LTC, with only a warrant transaction in the parent company, or CSMG as described below.
Importantly, in preparation for the IPO of LTC, the underwriter has agreed to raise, on a best efforts basis, at least $3 million in a bridge financing for CSMG. The offer consists of a note that will convert, at a discount to the initial offering price, into shares of LTC, and significantly, have no dilution to CSMG shareholders. The proceeds from this financing will give the Company needed working capital in the interim, fund the LTC FDA filings and allow CSMG to pay off some debt obligations in the process. Additionally, note holders receive three (3) year warrants for up to 50% of the amount of his note, and interest that is convertible to CSMG common stock, with an exercise price that is to equal to 120% of CSMG's common stock price upon the Maturity Date of the Note. There is a 5% underwriter's warrant attached to the note offering that allows the placement agent to purchase shares of both CSMG and the IPO, priced at the market price on the date of closing of the transaction.
Sincerely,
Donald S. Robbins
Source: CSMG Technologies, Inc.
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ROI Group Associates Inc. Michael Dodge 212-495-0744 mdodge*roiny.com or Bob Giordano 212-495-0201 rgiordano*roiny.com
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eTelcharge President David Young Addresses Company's Progress and Status Aug 3, 2006 11:50:00 AM DESOTO, TX -- (MARKET WIRE) -- 08/03/06 -- eTelcharge.com, Inc. (OTCBB: ETLC), www.etelcharge.com a financial diversified merchant services company, today announced that David Young, former Senior Director of Operations has fully assumed his appointment as President, effective August 1, 2006.
David Young takes over 32 years of experience with large incumbent carriers, competitive interchange and CLEC carriers along with engineering expertise assisting eTelcharge in reaching its immediate and long term objectives.
"eTelcharge has made tremendous strides from 2005 through today.
-- On the product end, Version 2.0 is 'complete' and is presently with merchants who are revamping their billing systems to accommodate the Company's alterative payment system allowing consumers to charge purchases to their home phone bill;
-- On the billing front, the company has signed a contract with a nationally recognized billing aggregator who will provide service to the southwest with plans of expansion into the Midwest and western regions of the country;
-- On the American Home Market merger: Final merger documents are presently with the Company's securities counsel, who will submit the required legal documents, including Form 14c, to the SEC for review.
-- On the traditional billing services division of eTelcharge, the Company has successfully launched merchant services with three municipalities and is moving ahead in that arena as well as the private sector, expecting to continue to close additional government and commercial contracts.
-- On the regulatory issues, the Company has regained listing on the Over- The-Counter Bulletin Board and is fully compliant," Young stated.
"As we move ahead, I will continue to foster client relationships as I did during my tenures at AT&T and Vartec Telcom, work to ensure that Version 2.0 meets merchant requirements and significantly grow that portion of our business model, utilize my engineering skills where required and continue to implement project and cost management systems," Young concluded.
Carl Sherman, CEO added, "The years 2005 and 2006 have been a well worthwhile struggle. The Company is in a position to prosper and bring long-term and long-awaited value to our valued shareholders. David's appointment provides me with a growing infrastructure and leadership to bring the Company to its full potential."
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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eWAN CEO & Chairman Steps Aside and Names New Successor Aug 3, 2006 11:06:00 AM Copyright Business Wire 2006 LOS ANGELES--(BUSINESS WIRE)--Aug. 3, 2006--
eWAN1, Inc. (Pink Sheets:EWAN), announced today that the Company's Board of Directors has named Mr. George Stevens as eWAN's Chairman and Chief Executive Officer. Stevens, who is replacing William Kettle in the aforementioned roles, is an internationally-recognized specialist in reorganization, mergers & acquisitions, and business restorations, bringing with him a detailed plan to re-focus and re-direct the Company's unique capacity for design and implementation of leading-edge patented Internet technologies.
A noted corporate and university guest lecturer, Mr. Stevens has spent the majority of his career as a corporate reorganization and re-engineering executive with major multi-national corporations, including a 15 year tenure at the American-Standard Companies (NYSE:ASD). Later, with the backing of a major New York investment firm, he created Stevens Information Systems, a developer and provider of retirement planning and reporting systems to Fortune 500 corporations. Most recently, Mr. Stevens came out of retirement to create Stevens Resource Group, a high-end consultancy to multi-national investment banks, venture capital funds and private equity firms providing in-depth due diligence, investment assessment and feasibility services.
Stevens commented, "I am both excited and honored to have been selected by eWAN's Board to take over the top job from Bill (Kettle). eWAN's set of exclusive and exceptional products, including its SecureKey (TM)-powered flash drive-sized set-top box and its Triple Play set-top box (TM), puts the company in the enviable and irreplaceable position to ally itself with the major players gearing up to provide IPtv to subscribers globally." He continued. "Instead of competing with companies clamoring to aggregate and deliver content such as AT&T (NYSE:T), Verizon (NYSE:VZ), Vodaphone (NYSE & LSE: VOD) and the like, we now expect to function as a technology supplier by developing leading-edge technologies and manufacturing for, private-labeling for, and/or licensing our technology to them. eWAN will continue, unabated, in its core competency as a technology research and development company as a `build-out' for the future, in which eWAN will actively seek out strategic partners among telecoms, cable and satellite operators and IPtv providers."
About eWAN1, Inc.
eWAN is a developer of technology and equipment that enables the delivery of High-Definition (HD) quality video and television content to consumers over internet protocol (a revolution known as "IPtv" or television broadcasting over the Internet) and believes it is the first company with the ability to deliver Internet TV with the clarity of high definition to ordinary TV sets. The company's suite of advanced technology products, including its patented and proprietary "SecureKey(TM)"-powered flash drive-sized set-top box product, a portable version of the Company's wireless "Triple Play" Digital Media Center(TM), is unique in that it turns any computer into a television, enabling users to receive their favorite TV programming anywhere on earth by plugging the USB device and product into their laptop or home computer. Both the SecureKey(TM)-powered flash drive-sized set-top box product and the Triple Play set-top box(TM) enable traditional Internet access, telephone service (VoIP) and data and video capability including video conferencing. Additionally, the company's "IPtv cache" technology enables music channels that can play music and the corresponding video if it is available, as well as provide "time shifted" services such as the ability to record one program while watching another, similar to the offering of TiVo (NASDAQ:TIVO).
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 eWAN1, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, go to the Company's website at: http://www.ewan1.com, or contact: Brass Bulls Corp. - (866) 342.2700, matthew*brassbulls.com
Source: eWAN1, Inc.
---------------------------------------------- For eWAN1 Inc. Los Angeles Brass Bulls Corp. Matthew Lovito 866-342-2700 matthew*brassbulls.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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EYII (.01)Signs Addendum to China Agency Agreement With CEIEC Aug 3, 2006 12:46:00 PM 2006 PrimeZone Media Network
BURNABY, British Columbia, Aug. 3, 2006 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary Essentially Yours Industries (Hong Kong) Limited ("EYI HK") has signed an addendum to the China Agency Agreement dated September 15, 2005 between EYI HK and Guangzhou Zhongdian Enterprises (Group) Co. Ltd and China Electronics Import and Export South China Corporation ("CEIEC"). The addendum extends the purchasing and exclusivity terms to CEIEC for an additional one year period.
Jay Sargeant, President and CEO states, "It was evident from my meeting with the officials from CEIEC that progress has been made in registering Code Blue(tm) for sale in China. Although the registration process has taken longer than we originally anticipated, we are pleased to see that CEIEC is making progress. The Board of Directors has agreed to extend the original agreement for a period of one year to facilitate the registration process."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI . Alternatively, investors can e-mail AGORA Investor Relations directly at EYII*Agoracom.com.
About EYI (http://www.StopDrinkingPoison.com)
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE(r), is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases "would be", "will allow", "intends to", "may result", "are expected to", "will continue", "anticipates", "expects", "estimate", "project", "indicate", "could", "potentially", "should", "believe", "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
CONTACT: EYI Industries Inc. Investor Relations Jennifer Moreland (604) 759-5017 EYII*Agoracom.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)--Aug. 3, 2006-- Delek Resources (OTCBB:DLKR) is pleased to announce that they have secured a $2,000,000 financing from Cornell Capital Partners L.P. The company will now move forward with their joint venture partners and commence drilling in the Williston Basin.
Forward-looking statements:
Certain statements in this news release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. 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.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS FUNDING SOURCE: Delek Resources
CONTACT INFORMATION: Delek Resources Kent Couillard, 1-403-680-5368
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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BICO, Inc. Announces Closing Date for Acquisition of MobiClear Ltd. 8/3/2006
DOVE CANYON, Calif., Aug 3, 2006 (PRIMEZONE via COMTEX News Network) -- BICO, Inc. (OTCBB:BIKO) announced that its transaction to acquire 100% of the ownership of MobiClear Ltd. is expected to close on August 10, 2006.
Richard M. Greenwood, CEO of BICO, stated, "We are extremely pleased about completing the merger, which provides an opportunity to increase shareholder value through MobiClear's exciting growth potential in the verification of credit/debit card transactions."
The acquisition of MobiClear will be accompanied by a reverse split of the Common Stock of BICO at a ratio of 1 share for 1,500 shares, anticipated to be effective with the opening of trading on August 9, 2006. Partial shares will be rounded up in the reverse split process which will be handled by the company's transfer agent, Continental Stock Transfer & Trust Company, Inc.
MobiClear specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear's multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including internet shopping, business-to-business procurement transactions and retail shopping with credit/debit cards.
Lim Wong, CEO of MobiClear Ltd., stated, "We are very pleased and enthusiastic about completing the merger, which will provide us with the opportunity to capture the enormous global potential and execute our strategic plan to proceed with the international expansion of MobiClear products and services with global partners such as IBM.
"Credit/debit card fraud on the Internet and in stores is increasing at an enormous rate. The estimated figure comes to US$20 billion annually. MobiClear's answer to the problem is a security and user-friendly identity solution that works across the globe. In addition, MobiClear's identification service ensures safe and secure trade over the Internet, which in turn creates a boom in both e-trade and invoice payment online," continued Wong.
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, successfully developing and implementing technology, acceptance of the company's products and services, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.
About BICO, Inc.
BICO, Inc. is a public company, headquartered in California and actively trades on the NASD Over the Counter Bulletin Board under the ticker symbol, BIKO.
About MobiClear Ltd.
MobiClear, a company incorporated pursuant to the laws of the United Kingdom, offers solutions and services that, MobiClear believes, virtually eliminate credit/debit card and electronic transaction fraud, completely securing these transactions. A unique feature of MobiClear's solutions are that end-users and customers do not need to learn any new behaviors or master new techniques. MobiClear's solutions utilize technologies that customers are already familiar and comfortable with, while giving real-time user control of card transactions. The transaction is simply confirmed by the legitimate user entering a unique MobiClear PIN code matched with the mobile phone number. MobiClear delivers instant and total control over card usage.
For more information: Please write to MobiClear at info*mobiclear.com or visit MobiClear's website at www.mobiclear.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Kerry Associates Inc. Attends Governor John Lynch's Opening of the First Bio-Diesel Fueling Station in New Hampshire on Behalf of Amelot Alternative Energy, Inc. Aug 3, 2006 1:10:00 PM Copyright Business Wire 2006 BOSTON--(BUSINESS WIRE)--Aug. 3, 2006--
Kerry Associates Inc. is pleased to announce that it has attended the opening of the first Bio-Diesel fueling station in New Hampshire on behalf of Amelot Alternative Energy, Inc., a wholly-owned subsidiary of Amelot Holdings Inc. (Pink Sheets: AMHD).
"We are pleased to have had the opportunity to attend the opening of the first Bio-Diesel fueling station in Durham, New Hampshire. Gov. John Lynch, Department of Transportation Commissioner Carol Murray and State Sen. Martha Fuller Clark, R-Portsmouth, did the honors of opening the fueling station. This is an exciting time for New Hampshire and Bio-Diesel. We feel Amelot Alternative Energy will be a major benefactor in the conversion to Bio-Diesel on the State and City level," stated Eric Cousens, President of Kerry Associates Inc.
About Kerry Associates, Inc.
Kerry Associates Inc. is a business consulting firm helping companies develop and expand into emerging markets while strategically executing their objectives. http://www.kerryassociates.com
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on Alternative Energy and Bio-fuels.
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.
Source: Kerry Associates Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WNCP (.022)Reminds Shareholders Today Is Record Date for 15-1 Forward Split Split Will Increase Market Liquidity and Shareholder Value Aug 3, 2006 2:00:00 PM
SUNRISE, Fla., Aug. 3 /PRNewswire-FirstCall/ -- Wineco Productions Inc. (OTC: WNCP) as of August 4, tomorrow the Company's stock will be quoted on a post-split basis. On July 27, 2006 the Company announced that its Board of Directors and majority shareholders had approved a 15 to 1 forward stock split of the Company's common stock. Each shareholder of record at the close of business, today, August 3, 2006, will receive 14 additional shares for every outstanding share held on the record date. The ex dividend date will be August 10, 2006. The Company has advised that shareholders do not need to take action to receive the additional shares. Existing certificates should not be destroyed nor returned to the Company, and will continue to represent the number of shares indicated. New certificates will be issued for the balance of shares due. The fifteen-to-one stock split will not change the shareholders' existing proportionate ownership.
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 have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yielding better extraction of Noble Metals through advanced equipment. www.winecoproductions.com
On August 1, 2006 Wineco entered into a Letter of Intent to negotiate for a non-exclusive license of a cutting edge oil and gas perforation/blended rocket fuel exothermic down-hole oil and gas stimulation technology from Capital Energy.
Wineco is in final negotiations to acquire 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
SOURCE Wineco Productions Inc.
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James Logan President of Wineco Productions Inc +1-954-575-7296 or +1-954-316-1326
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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