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AQUA--.08---AQUACELL TECHNOLOGIES CBS Television Tests the Water With "SHARK" 8/3/2006
#1 Television Network to Advertise New Prime Time Series "SHARK" on Aquacell Water Coolers at Law Offices
RANCHO CUCAMONGA, CA, Aug 03, 2006 (MARKET WIRE via COMTEX News Network) -- AquaCell (OTCBB: AQUA) announced today that CBS Television, which has historically captured water cooler buzz for its comedies by advertising on Aquacell water coolers installed in retail stores, is diving into uncharted waters by promoting its new prime time drama "SHARK" starring James Woods, on AquaCell's water coolers installed in law offices.
"We're thrilled CBS is expanding its Coolertising(TM) program beyond the retail stores by advertising on coolers installed in lawyer's offices," said Karen Laustsen, President of AquaCell Technologies. "Lawyer's offices are the perfect place for CBS Television to promote 'SHARK.'"
This latest Coolertising promotion encourages those that are thirsty for something different to "Try a Cooler Courtroom Drama." The program includes promotion on hundreds of water coolers installed in retail locations in the New York and Los Angeles areas, as well as law offices in the Mid-Atlantic region.
AquaCell's exclusive "Coolertising" advertising program provides unique "out-of-home" advertising. The Company installs its patented self-filling AquaCell Bottled Water Cooler System into various locations free of charge under a multi-year agreement and retains ownership of the "billboard" water cooler. Revenue is generated through the sale of the advertising space on the bottle band and cup holder of the permanently attached five-gallon bottle to companies that provide products and services pertinent to the demographics and location.
About AquaCell
AquaCell Technologies, Inc. is based in Rancho Cucamonga, CA. Its AquaCell Media, Inc. subsidiary installs its patented self-filling Aquacell 1000 Bottled Water Cooler Systems free of charge into various locations, including retail establishments. AquaCell Media retains ownership of the coolers, and revenue is generated through "Coolertising" -- the sale of targeted advertising on the band of the cooler's permanently attached five-gallon bottle, for the promotion of products and/or services pertinent to the demographics and location, similar to the concept
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Allin Corporation Secures Contract with San Diego Chargers 8/3/2006
Installation of RPM Technology in San Diego's QUALCOMM Stadium follows on heels of installation at Jacksonville's Alltel Stadium
PITTSBURGH, Aug 03, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Allin Corporation (OTC Bulletin Board: ALLN) announced that it has secured an agreement with the San Diego Chargers to install Allin Interactive's Robotic Program Manager ("RPM") Platform in QUALCOMM Stadium, home of the NFL San Diego Chargers. Installation of the RPM Server along with RPM Designer and Controller software, developed by Allin Interactive, will be completed before the 2006- 2007 home opener on September 17 versus the Tennessee Titans.
Allin's RPM package, originally designed to populate, assemble, and control content for in-cabin TV program guides and public television displays on cruise ships, has been expanded to create a flexible platform for in- stadium messaging, sponsorship and advertising. Allin's multi-element, multi- channel display server and software is designed to combine scheduled and instant graphical content in conjunction with pre-recorded video and live broadcasts to concourse, public and luxury suite televisions. The easy-to-use RPM Designer software allows sponsor graphics, tickertape messages and animations to be interspersed with pre-game, in-game, and post-game video to maximize the promotional value of the platform. In addition, the "instant delivery" component of the software package allows teams and venues to deliver locally-controlled full-screen advertising video and messages at designated game junctures. Multiple channel capabilities allow differentiated content to be delivered to different groups of televisions at the same time all while utilizing the broadcast network infrastructure already in place in the stadium.
"We are really pleased to announce our agreement with Allin Interactive for installation of RPM in QUALCOMM Stadium," stated Ken Derrett, Chief Marketing Officer of the San Diego Chargers. "The combination of graphical elements and our live video feed is something that our sponsors and our fans have come to expect when they watch NFL games at home. Now we have the ability to provide up-to-the-minute updates and information for our fans as a seamless addition to our game action on stadium displays."
"We are excited that the San Diego Chargers will be able to take advantage of the flexibility of RPM, including the ability to monetize the sponsorship real estate created by the system," stated Doug Tempero, managing director of Allin Interactive. "RPM's ability to populate screen graphics with real time scores and statistics was a key component of the Chargers decision to implement RPM."
Allin's first implementation of RPM in a professional sports venue was in October 2005 in the TD Banknorth Garden in Boston. Allin announced its first NFL agreement with the Jacksonville Jaguars on July 24, 2006.
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 interactive media and Microsoft-based technologies with operations centered on four practice areas: Interactive Media, Technology Infrastructure, Collaborative Solutions and Business Process. 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 CodeLab Technology. 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/.
About the San Diego Chargers and QUALCOMM Stadium
The San Diego Chargers, one of 32 National Football League Franchises, moved to San Diego in 1961. The franchise is owned by Alex G. Spanos and was one of the original AFL teams that joined the NFL in the 1970 season. The Chargers play in the AFC West division and played in the 1995 Super Bowl. The team includes one of the most exciting players in NFL football, LaDainian Tomlinson, who in 2003 was the first player in NFL history to rush for 1,000 yards and catch 100 passes in the same season.
QUALCOMM Stadium, located in the heart of San Diego in the Mission Valley, is owned and operated by the city of San Diego. The stadium hosts a capacity of 71,500 for football games, with 52 concession stands and 113 executive suites. QUALCOMM has the naming rights until 2017.
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
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Element 21 Golf Company Secures $4.0 M Private Equity Financing Commitment From Two Strategic Investors 8/3/2006
TORONTO, Aug 03, 2006 (MARKET WIRE via COMTEX News Network) -- Element 21 Golf Company ("E21" or the "Company") (OTCBB: EGLF), a manufacturer of high-strength scandium alloy golf equipment, announced today that it has received a $4.0 million private equity funding commitment from two strategic investors, $2.0 million of which was received by the Company on July 31, 2006.
"We are pleased to have secured this financing from investors who can add value to the Company's development and look forward to successfully deploying this additional capital to carry out our business plan and further the growth of the Company," remarked Dr. Nataliya Hearn, President and Chief Executive Officer of the Company.
At an initial closing held on July 31, 2006, E21 issued 117,648 shares of its newly designated Series B Convertible Preferred Stock at a per share price of $17.00 and warrants to purchase an aggregate of 17,647,059 shares of E21's Common Stock to two private investors in exchange for a $2 million investment in the Company. Each share of Series B Convertible Preferred Stock is initially convertible into 100 shares of E21's Common Stock, resulting in a Common Stock price per share price to the investors of $0.17. Each investor received two warrants at the initial closing, one warrant to purchase 3,750,000 shares of E21's Common Stock at an exercise price of $0.22 per share if the warrant is exercised on or before July 31, 2007, and $0.28 per share if the warrant is exercised on or after August 1, 2007, and one warrant to purchase 5,073,530 shares of E21's Common Stock at an exercise price of $0.28 per share. The two investors are obligated to invest an additional $1 million each in the Company at a subsequent closing to be held no later than November 30, 2006, subject only to the Company converting certain outstanding indebtedness into shares of its Common Stock prior to such date. At the subsequent closing, the Company will issue an additional 117,648 shares of its Series B Convertible Preferred Stock and warrants to purchase an aggregate of 17,647,059 additional shares of E21's Common Stock. The shares and warrants issued at the subsequent closing will be identical to those issued at the initial closing. All of the warrants issued and to be issued by E21 in the financing are exercisable at anytime prior to January 31, 2009, may only be exercised through a cash payment to the Company. The exercise of the warrants in full will result in an additional $9,000,000 equity investment in the Company.
The Company intends to use the proceeds of the financing to further the execution of its business plan, the critical elements of which include expanding the Company's retail sales reach and marketing efforts, purchasing additional inventory, developing new products and increasing the Company's PGA, LPGA, Nation Wide and Champion tour presence. The Company believes that the investors participating in the financing add strategic value to the Company as a result of their experience with applications of very high-strength titanium alloys and their involvement in raw metal commodities and precious bullion. "This investment pays attention to the fundamental nature of our business. We are excited to create an alliance with professional, strategic investors, who have a long-term vision and are interested in the growth of our company and the implementation of management's business strategy. This investment stood alone from many other funding opportunities, both in the valuation it ascribed to Element 21 Golf Company and the strategic alliances that the investors bring to the table," commented Dr. Hearn.
Bill Dey, General Manger and Executive Vice-President, remarked, "This funding allows us to implement the details of our business plan and push E21's exciting technology to a new level and into consumers' hands."
The shares of preferred stock and warrants sold in the private placement have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from the registration requirements. This news release is not an offer to sell or the solicitation of an offer to buy shares of preferred stock, common stock or warrants or any other securities of the Company.
About Element 21 Golf Company:
E21 holds the exclusive right to manufacture golf products using proprietary E21 Alloys. Through a sophisticated multi-technology production path, E21 manufactures shafts, drivers, and other clubs with marked improvements in distance, accuracy and feel over competing products. In recent months a number of high profile golf professionals have switched to or began testing E21's Eagle One shafts. E21 Alloys are 55% lighter and offer 25% strength to weight advantage over Titanium alloys, the current standard in the golf equipment industry. The advanced dynamics of E21 Alloys and the material economics offer a performance-enhanced alternative to manufacturing driver clubs with Titanium, the largest segment of the annual $4 billion golf equipment marketplace.
E21 recently announced its "Golf Shot Around the World Mission" in celebration of the 35th anniversary of Alan B. Shepard Jr.'s historic Apollo 14 Mission. Just about every single record for distance in the golf industry will be shattered this fall when an astronaut will hit a golf ball into orbit around the earth from the International Space Station -- using an E21 golf club. It is only natural that this event takes place on the ISS, considering that E21 Alloys are also used on the Space Station in high strength, fatigue resistant applications.
E21 Golf - The Evolution is Inevitable!
Forward-Looking Statements. Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties which could cause actual results or events to differ materially from those currently anticipated, including but not limited to market acceptance of its products, delays or difficulties in manufacturing and/or bringing its products to market, changed strategies, or unanticipated factors or circumstances affecting E21 and its business and its ability to successfully implement its business plan. A number of these risks and uncertainties are described in E21's periodic reports filed with Securities and Exchange Commission. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein, which speak only as of the date hereof. E21 undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Company Contacts: Investor Relations Element 21 Golf Company (416) 362-2121 investors*e21golf.com http://www.E21Golf.com Sales Element 21 Golf Company 888 365-2121 sales*e21golf.com http://www.E21Golf.com Media members interested in testing shafts or other E21 products for an editorial review or receiving further information please contact: The Media Group Joe Wieczorek or Bart Henyan (847) 956-9090 joe*themediagroupinc.com barthenyan*hotmail.com
SOURCE: Element 21 Golf Co.
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Sulja Bros. Building Supplies, Ltd. Seeks Listing on the Dubai International Financial Exchange Aug 3, 2006 3:14:00 PM
WINDSOR, ON -- (MARKET WIRE) -- 08/03/06 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) is seeking a listing on the Dubai International Financial Exchange. The new United Arab Emirates exchange is dedicated to becoming a global financial hub.
A Wessal International Group spokesperson commented: "Recent deals have generated great interest in Sulja Bros. Building Supplies, Ltd. We are now working with one of the largest investment banking firms to complete the listing of Sulja Bros. Building Supplies, Ltd. on the Dubai International Financial Exchange."
CEO Steve Sulja stated: "Our recent dealings in the Gulf Region have greatly attracted the attention of the regional investors. We are very excited and working diligently to provide these savvy investors with a Dubai listing. We warmly welcome the Middle Eastern investors to the Sulja family of shareholders and look forward to even further expansion in this and other regions."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
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