Several Upper Level Management of SoftNet Technology Corp. Including the CEO, President and Director of Sales, Purchase STTC Shares in Open Market 8/8/2006
CRANFORD, N.J., Aug 8, 2006 (PRIMEZONE via COMTEX News Network) -- SoftNet Technology Corp. (OTCBB:STTC) (German WK:A0B7RZ) is pleased to announce that as many as 4 upper level managers, officers and Board of Director members purchased shares of SoftNet Technology Corp. in the open market Monday August 7, 2006.
CEO of SoftNet, James M. Farinella, invested $100,000 directly into SoftNet at $.067 purchasing 1,492,537 shares. The CEO invested directly into the Company to support and accelerate the organic growth of SoftNet. Kevin Holt, President of SoftNet bought shares in the market from $.065 to as high as $.0673.
Several of the individuals who purchased shares pointed out that every regional operation of SoftNet showed growth in the second quarter and noted the expansion of business operations to new areas of the United States and internationally. In addition, SoftNet's Small/Medium size business offerings are gaining traction in an untouched market segment and the Company's flexible approach to the Enterprise consulting business is bringing SoftNet a high customer satisfaction rating.
Mr. Kevin Holt, President of SoftNet Technology stated, "We have developed a culture of teamwork and empowerment at SoftNet in which all our people participate in the business building process and are rewarded for their initiatives. With this kind of method and spirit, there is no limit as to how far we can grow together."
Mr. James M. Farinella, CEO of SoftNet Technology stated, "I am so very excited to see the new management team expressing their confidence in the future of this Company by purchasing shares of STTC in the open market."
Please visit our website at www.softnettechnology.com for more information or for Investor Relations, please contact the company directly at 866-898-4842 (local 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC 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.
NanoSensors Enters Into Employment Agreements With Dr. Ted Wong and Mr. Joshua Moser 8/8/2006
SANTA CLARA, Calif., Aug 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- NanoSensors, Inc. (OTC Bulletin Board: NNSR.OB), a nanotechnology development company that develops instruments and sensors to detect explosives, chemical and biological agents announced today that it has entered into three-year employment agreements with Dr. Ted Wong, its Chief Executive Officer and Joshua Moser, its newly appointed Vice President - Chief Operating Officer.
Dr. Wong is a founder and the CEO of the Company and Mr. Moser has been engaged as a consultant to the Company since November 2005. During this time Dr. Wong and Mr. Moser developed a new business plan for the Company and worked closely on closing the Company's recent private placement.
"By entering into these agreements, the Company has decided to give our two key people a strong vote of confidence and to endorse their plans to aggressively pursue key technology licenses and business developments," said Robert Baron, the member of the Company's Board of Directors who was responsible for negotiating these agreements on the Company's behalf. "We feel that the compensation packages provided for by these agreements fairly reward these two individuals for their efforts to date as well as properly incentives them to execute on the Company's business plan," added Mr. Baron.
Dr. Wong is a founder of the Company and has been its Chief Executive Officer and a director since its inception in December 2003. Dr. Wong has over thirty years of U.S. and international business experience spanning the operational functions of research and development, sales, finance, and general business. Dr. Wong holds a B.S. and a Ph.D. in Chemical Engineering from the University of Utah.
Mr. Moser has extensive experience in finance, restructuring and operating troubled companies and managing assets in the technology, manufacturing and service industries. Prior to working with NanoSensors, from September 1999 to October 2000, Mr. Moser was the Director of Business Development at GCN, Inc., an online market research company. From October 2000 to September 2002, Mr. Moser was a research analyst at Tufan, Inc., where he analyzed and managed investments in privately-held software, semiconductor and technology service companies. From September 2002 through February 2005, Mr. Moser was employed as a Vice President with Sherwood Partners, Inc., a business and financial advisory consulting firm that assists commercial lending institutions and venture capital firms in managing and structuring corporate turnarounds. Thereafter, Mr. Moser has been providing management consulting services, including serving as Interim Chief Financial Officer at Chuckwalla, Inc., a privately-held software company. Mr. Moser is 35 years of age and graduated from Denison University in 1994 with a B.A. in History.
About NanoSensors, Inc.
NanoSensors, Inc. (www.nanosensorsinc.net) was incorporated in December 2003 and is a nanotechnology development company based in Santa Clara, California. The Company's principal business is the development, manufacturing and marketing of sensors and instruments to detect explosive (X), chemical (C) and biological (B) agents ("XCB"), along with the management of intellectual property derived there from that will enable NanoSensors to create nanoscale devices.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. These forward-looking statements involve known and unknown risks, uncertainties and other facts that could cause the actual future results of the Company to be materially different from such forward looking statements. These forward-looking statements are made only as of the date hereof, and we disclaim any obligation to update or revise the information contained in any such forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE NanoSensors, Inc.
Dr. Ted Wong, CEO of NanoSensors, Inc., +1-408-855-0051, or tlwongusa*yahoo.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
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Trinsic Announces Second Quarter Financial Results 8/8/2006
TAMPA, Fla., Aug 08, 2006 (BUSINESS WIRE) -- Trinsic, Inc. (OTCBB: TRIN), a provider of enhanced circuit-switched and IP (Internet protocol) telephony services, today announced its financial results for the second quarter of 2006. For the three-month period ended June 30, 2006, the company reported revenue of $43.9 million, a decrease of $6.9 million from the $50.8 million recognized during the second quarter of 2005. Net loss was $2.8 million, or $0.15 per share, for the quarter ended June 30, 2006 compared with a net loss of $3.3 million for the prior year period, or $0.59 per share. The company reported EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of $2.2 million for the latest quarter, compared with $1.1 million for the second quarter of 2005.
For the six-month period ended June 30, 2006, the company reported revenue of $87.7 million, down from the $107.9 million recognized during the second quarter of 2005. Net loss was $6.4 million, or $0.36 per share, for the six-month period ended June 30, 2006 compared with a net loss of $2.8 million, or $0.51 per share, for the same period in 2005. The company reported EBITDA of $2.9 million for the first half of the year, compared with $0.6 million for the first half of 2005.
Trey Davis, Trinsic's Chief Executive Officer, remarked, "During the second quarter, we completed the purchase of the final set of UNE-P local access lines from Sprint for which we previously provided services on a wholesale basis. In total, the acquisition increased our company-owned customer base by approximately 111,700 lines. Since these purchased access lines represented the entirety of Trinsic's wholesale business, we will no longer provide wholesale services.
"In an effort to concentrate our geographic presence, we anticipate completing the sale of substantially all of our residential and small business lines within BellSouth territories in the third quarter. The sale will generate cash for the company's operations and permit us to focus our efforts on markets in the Midwest and Northeast," Davis continued.
Trinsic ended the quarter with $0.7 million in cash. In June 2006, the company sold a building for $0.4 million and used the proceeds to reduce debt. We recorded a $0.1 million loss associated with the sale. Effective July 27, 2006, Trinsic finalized a settlement with an ILEC over disputed balances that will reduce our net accounts payable balance by $12.1 million in the third quarter of 2006. The company paid a total of $3.9 million, $0.5 million of which had been paid as of June 30, 2006. The remainder was paid in July. The settlement will result in a net gain of approximately $8.2 million that will be reflected in the company's third quarter statement of operations.
Investors and other interested parties should note that the information in this press release should be read in conjunction with the financial statements and footnotes contained in Trinsic's quarterly report filed with the Securities and Exchange Commission.
Consistent with Securities and Exchange and Commission's Regulation G, the following table provides a reconciliation of Trinsic's EBITDA for the three and six month periods ended June 30, 2006 and 2005 to the Generally Accepted Accounting Principles (GAAP) measure of net income. EBITDA is not a measure under GAAP, is not meant to be a replacement for GAAP and should not be considered as an alternative to net income as a measure of performance or to cash flows as a measure of liquidity. We have included EBITDA data to assist in understanding our operating results. EBITDA is a measure commonly used in the telecommunications industry, and many securities analysts use EBITDA as a way of evaluating our financial performance.
Trinsic, Inc. and Subsidiaries Reconciliation EBITDA to Net Income (In thousands) Three Months Ended Six Months Ended June 30, June 30, ----------------- ----------------- 2006 2005 2006 2005 -------- -------- -------- --------Net income loss $(2,795) $(3,257) $(6,416) $(2,818)Interest and other income (1,117) (490) (2,042) (7,293)Interest and other expense 1,919 1,873 4,194 3,626Depreciation and amortization 4,193 2,955 7,176 7,134 -------- -------- -------- --------Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) $2,200 $1,081 $2,912 $649 ======== ======== ======== ======== This press release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "estimate," "expect," and "projects" signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties, including the risks that we may continue to be EBITDA negative, anticipated increases in revenues may not materialize, average per line margins from the Sprint Nextel acquisition may not materialize, and anticipated reductions in operating expenses may not materialize. Some of these risks and uncertainties are identified in Trinsic's periodic filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on Trinsic's business, financial condition, and results of operations. Trinsic assumes no obligation to update these forward-looking statements.
About Trinsic
Trinsic offers consumers and businesses advanced traditional and IP telephony services. All Trinsic products include proprietary services, such as Web-accessible, voice-activated calling and messaging features that are designed to meet customers' communications needs intelligently and intuitively. Trinsic is a member of the Cisco Powered Network Program and makes its services available on a wholesale basis to other communications and utility companies, including Sprint. Trinsic changed its name from Z-Tel Technologies, Inc. on January 3, 2005. For more information about Trinsic and its services, please visit www.trinsic.com.
Trinsic, Inc. and Subsidiaries Consolidated Statements of Operations (UNAUDITED) (In thousands, except share and per share data) Three Months Ended Six Months Ended June 30, June 30, ---------------------- ---------------------- 2006 2005 2006 2005 ----------- ---------- ----------- ----------Revenues $43,878 $50,797 $87,734 $107,928 ----------- ---------- ----------- ----------Operating expenses: Network operations, exclusive of depreciation and amortization shown below 28,158 26,999 52,985 56,833 Sales and marketing 1,065 3,692 2,672 8,911 General and administrative 12,455 19,025 29,165 41,535 Depreciation and amortization 4,193 2,955 7,176 7,134 ----------- ---------- ----------- ----------Total operating expenses 45,871 52,671 91,998 114,413 Operating loss (1,993) (1,874) (4,264) (6,485) ----------- ---------- ----------- ----------Nonoperating income (expense): Interest and other income 1,117 490 2,042 7,293 Interest and other expense (1,919) (1,873) (4,194) (3,626) ----------- ---------- ----------- ---------- Total nonoperating income (expense) (802) (1,383) (2,152) 3,667 ----------- ---------- ----------- ---------- Net loss $(2,795) $(3,257) $(6,416) $(2,818) =========== ========== =========== ==========Weighted average shares outstanding 18,451,371 5,533,564 17,994,581 5,526,088 =========== ========== =========== ==========Basic and diluted net loss per share $(0.15) $(0.59) $(0.36) $(0.51) =========== ========== =========== ========== Trinsic, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands, except share data) (Unaudited) June 30, December 31, 2006 2005 ------------ ------------AssetsCurrent assets: Cash and cash equivalents $700 $79 Accounts receivable, net of allowance for doubtful accounts of $25,111 and $20,489 16,160 13,713 Prepaid expenses and other current assets 3,719 4,713 ------------ ------------ Total current assets 20,579 18,505Property and equipment, net 16,427 19,931Intangible assets, net 8,054 -Other assets 3,159 2,884 ------------ ------------ Total assets $48,219 $41,320 ============ ============Liabilities and Stockholders' DeficitCurrent liabilities: Accounts payable and accrued liabilities $45,713 $40,248 Deferred revenue 6,717 6,013 Current portion of long-term debt and capital lease obligations 9,040 2,418 ------------ ------------ Total current liabilities 61,470 48,679Long-term debt and capital lease obligations 684 1,025 ------------ ------------ Total liabilities 62,154 49,704 ------------ ------------Commitments and contingenciesStockholders' deficit: Common stock, $0.01 par value; 150,000,000 shares authorized; 18,762,994 and 17,756,944 shares issued; 18,457,510 and 17,518,573 outstanding 185 175 Unearned stock compensation (415) (360) Additional paid-in capital 417,037 416,127 Accumulated deficit (430,737) (424,321) Treasury stock, 305,484 and 238,371 shares at cost (5) (5) ------------ ------------ Total stockholders' deficit (13,935) (8,384) ------------ ------------ Total liabilities and stockholders' deficit $48,219 $41,320 ============ ============ Trinsic, Inc. and Subsidiaries Consolidated Statements of Cash Flows (UNAUDITED) (In thousands) Six Months Ended June 30, ----------------- 2006 2005 -------- --------Cash flows from operating activities:Net loss $(6,416) $(2,818) -------- --------Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 7,176 7,134 Provision for bad debts 5,370 6,384 Gain on sale of building 97 - Expense charged for granting of restricted stock 865 93 Change in operating assets and liabilities: Increase in accounts receivable (7,817) (2,513) Increase in prepaid expenses (355) (2,020) Increase in other assets (275) (628) Increase (decrease) in accounts payable and accrued liabilities 5,465 (5,352) Increase in deferred revenue 704 244 -------- -------- Total adjustments 11,230 3,342 -------- -------- Net cash provided by operating activities 4,814 524 -------- --------Cash flows from investing activities: Purchases of property and equipment (1,053) (1,633) Purchase of customer lists (3,592) - -------- -------- Net cash used in investing activities (4,645) (1,633) -------- --------Cash flows from financing activities: Payments on long-term debt and capital lease obligations (925) (534) Proceeds from sale of building 400 - Principal repayments received on notes receivable issued for stock - 250 Payoff of asset based loan - (12,934) Proceeds from stand by credit facility 977 13,500 -------- -------- Net cash provided by financing activities 452 282 -------- --------Net increase in cash and cash equivalents 621 (827)Cash and cash equivalents, beginning of period 79 1,363 -------- --------Cash and cash equivalents, end of period $700 $536 ======== ======== SOURCE: Trinsic, Inc.
Trinsic, Inc. Andrew Graham, 813-233-4567 agraham*trinsic.com
Copyright Business Wire 2006
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SALT LAKE CITY, Aug 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- TenFold(R) Corporation (OTC Bulletin Board: TENF), provider of the EnterpriseTenFold(R) SOA-compliant platform for building and implementing enterprise applications, today announced that both TenFold's CEO, Robert Felton, and CTO, Jeffrey L. Walker, will be live on Market News First (www.***.com) for an exclusive interview with the *** radio team. The interview is slated for August 14, 2006, at 2:30 p.m. ET.
"We look forward to introducing our audience to TenFold Corporation, a software products company offering a complete applications development platform for building Service-Oriented Architecture (SOA)-compliant applications and services with full business functionality without programming," said David Webb, Market News First's Producer. "TenFold uses a model-driven approach that automatically includes thousands of powerful applications features and functions in every service."
"We appreciate this opportunity to let Market News First's audience learn how EnterpriseTenFold SOA shortcuts applications and services development and saves you up to 90% in development cost and time," said Bob Felton, TenFold's CEO, President, and Chairman. "TenFold's core product, EnterpriseTenFold SOA automatically produces high-quality, functionally rich web services, which are 100% compatible with J2EE or .NET. EnterpriseTenFold SOA uses a declarative, model-driven approach that automatically lets you build Ajax-ready, SOA-compliant applications without any Ajax-related development costs."
For more information about TenFold or EnterpriseTenFold SOA, please contact Sally White at (801) 619-8232 or via e-mail at swhite*tenfold.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 pressers, 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 provides them insight into the companies' present condition and future plans.
About TenFold
TenFold (OTC Bulletin Board: TENF) licenses its patented technology for applications and services development, EnterpriseTenFold SOA, to organizations that face the daunting task of transforming obsolete applications or building complex SOA-compliant applications. Unlike traditional approaches, where business and technology requirements create difficult IT bottlenecks, TenFold technology lets a small team of business people and IT professionals design, build, deploy, maintain, and upgrade new or replacement applications with extraordinary speed, superior applications quality and power features. For more information, call (800) TENFOLD or visit www.tenfold.com.
This release contains forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "expect," "anticipate," "estimate," "should," "will," "may," or the negatives thereof, or similar terminology, or by discussions of our strategy or the benefits of our technology. Forward-looking statements in this release include that EnterpriseTenFold technology lets a small team build, deploy, maintain and upgrade applications with extraordinary speed, superior applications quality, and power features, and at reduced development and maintenance costs. Our business and operations are subject to a variety of risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Factors that could cause actual benefits of the TenFold product and technology to differ materially from those in the forward-looking statements include inadequate training, incorrect installation, use of unsupported hardware and software versions or combinations thereof, and inadequate consultation with TenFold support personnel. These and other factors that could cause actual results to differ materially from those in the forward-looking statements are discussed in greater detail in certain documents filed by TenFold Corporation with the Securities and Exchange Commission, including but not limited to, the most recent reports on Forms 10-Q and 10-K. We make no commitment to revise or update any forward-looking statement to reflect events or circumstances after the date such statement is made.
TenFold and EnterpriseTenFold are trademarks of TenFold Corporation. All other trademarks and registered trademarks are the property of their respective owners.
Sally N. White TenFold Corporation 801-619-8232 swhite*tenfold.com
SOURCE TenFold Corporation
Sally N. White of TenFold Corporation, +1-801-619-8232, swhite*tenfold.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
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ASiQ Adds VoIP to Its New In-Flight Cell Phone Invention 8/8/2006
SEATTLE, Aug 08, 2006 (BUSINESS WIRE) -- ASI Entertainment, Inc.'s (OTCBB:ASIQ) wholly owned subsidiary ASiQ Pty Ltd announced today it plans to develop an advanced VoIP version of its new cell phone technology which ASiQ have designated "Safecell". ASIQ has applied for a patent for a new concept that allows cell phones to be operated in-flight, without interfering with the aircraft avionics and cellular ground networks.
Ron Chapman, ASiQ's President, stated that "following recent discussions with airlines, it has become clear that while data services are a priority, a VoIP version of Safecell would be desirable. The initial plan for Safecell was a data service only, and now by adding a VoIP module, creates a whole new opportunity. The new version will be designed to allow passengers to make a VoIP call using their cell phone in-flight and also access VoIP at WiFi hot spots on the ground. Making Safecell WiFi compatible on the ground, should increase consumer appeal and ultimately result in a low cost consumer product. Everyone knows the cost of cell phone roaming is expensive compared to VoIP, so the potential of using your cell phone for VoIP is ideal for all travelers.
"The cell phones systems being tested by Boeing (NYSE:BA) and Airbus are not ideally suited for in-flight use, as cell phone handsets were not designed to accommodate aircraft background noise. Safecell, being an entirely new concept, can take advantage of the latest noise cancellation technologies which could overcome this problem."
Safecell is attached to the cell phone via a standard Bluetooth or cable connection and disables the cell phone transmitter in-flight. Regardless of network type (GSM, CDMA, UMTS and EDGE), Safecell is unique being network independent. In flight, Safecell communicates via the existing certified aviation communications systems and reduces data delivery cost, as it does not rely on the cellular roaming network. Safecell can be interfaced to any onboard wired or wireless network.
ASiQ's application for a patent covers the VoIP capability and ASiQ also plans to release this feature at the upcoming World Airlines Entertainment Association (WAEA) to be held in Miami September 12 to 15th. WAEA showcases the latest airline communication and entertainment technologies.
About ASI
ASiQ provides the most affordable in-flight connectivity solution for passengers and crew and is recognized for its innovative and cost effective solutions for airlines. ASiQ has contracts with Saudi Airlines and AirOne. ASI currently has operations in Australia, Malaysia, USA and has plans to open operations in Europe and Middle East.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes", "looking ahead", "anticipates", "estimates" "may", "will", "should", "could", "expect", "intend", "project", and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the company's projections and expectations are disclosed in the company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
SOURCE: ASI Entertainment, Inc.
ASI Entertainment, Inc. Ron Chapman, 61 + 3 94371233 ron.chapman*asiq.com ASI's websites: www.g3cars.com and www.asiq.com
Copyright Business Wire 2006
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Unicorp Announces It Has Identified a New Prospect Located in West Abbeville with Potential Reserves of 10-15 BCF or $50,000,000 - $75,000,000 in Gross Revenue 8/8/2006
HOUSTON, Aug 08, 2006 (BUSINESS WIRE) -- Unicorp, Inc. (OTCBB:UCPI) announced today that it has identified a new prospect located in West Abbeville, Vermillion Parish, Louisiana that has potential reserves of 10-15 BCF. Unicorp utilized its previously purchased 3-D seismic data to map and identify this prospect. Unicorp will immediately begin operations in order to prepare to drill this prospect.
Based upon the mapping of the 3-D seismic data by Unicorp's contract geophysicist, it is estimated that this prospect could have potential reserves of between 10 and 15 BCF which equates to between $50,000,000 and $75,000,000 in gross revenue, net of land owner royalties, at today's prices of $7.00 per Mcf. There is no guarantee that this well will be successful or that these numbers will be achieved due to production and/or price fluctuations. Unicorp's net revenue interest would equate to approximately 50% of the gross production.
"Utilizing the approximate 60 square miles of 3-D seismic data we acquired with the purchase of the Abbeville Field in 2005, we have identified this initial target to drill," stated Arthur Ley, COO of Unicorp. "This is the first of several prospects we hope to identify with the acquired 3-D seismic and satellite technology that we have ordered over the area."
About Unicorp
Unicorp, Inc. is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Unicorp's future business and financial results, refer to Unicorp's Annual Report on Form 10-KSB for the year ended December 31, 2005 and Form 10-QSB for the quarter ended March 31, 2006. Unicorp undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
SOURCE: Unicorp, Inc.
Unicorp, Inc., Houston Carl A. Chase, 713-402-6717 Investors*unicorpinc.net
Copyright Business Wire 2006
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Zap.Com Corporation Announces Second Quarter 2006 Results 8/8/2006
ROCHESTER, N.Y., Aug 08, 2006 (BUSINESS WIRE) -- Zap.Com Corporation (OTCBB: ZPCM) today reported a net loss of approximately $24,000 and $34,000 for the three month and six month periods ended June 30, 2006, respectively, as compared to a net loss of approximately $23,000 and $42,000 for the comparable periods of the prior year. The Company does not currently have an active operating business. These losses were comprised primarily of costs associated with being a publicly traded company, partially offset by interest income.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks, and uncertainties that could cause actual results, events and developments to differ materially from those set forth in or implied by forward looking statements. Factors that could cause actual results, events and developments to differ include, without limitation, those factors listed under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2005. There is no assurance that Zap.Com will successfully identify, pursue, or operate any future businesses or operations in the future. All forward looking statements made herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. 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 operation results.
ZAP.COM CORPORATION CONDENSED BALANCE SHEETS June 30, December 31, 2006 2005 ------------ ------------ (Unaudited)ASSETS:Current assets: Cash and cash equivalents $ 1,739,074 $ 1,758,501 Other receivables 4,292 5,235 Prepaid assets 546 1,638 ------------ ------------ Total current assets 1,743,912 1,765,374Property and equipment, net of accumulated depreciation of $4,207 and $3,965 60 302 ------------ ------------ Total assets $ 1,743,972 $ 1,765,676 ============ ============LIABILITIES AND STOCKHOLDERS' EQUITY:Current liabilities: Accounts payable $ 16,341 $ 21 Accrued liabilities 50,275 67,250 ------------ ------------ Total current liabilities $ 66,616 $ 67,271 ------------ ------------Commitments & ContingenciesStockholders' Equity: Preferred stock, $0.01 par value, 150,000,000 shares authorized, 0 shares issued and outstanding -- -- Common stock, $.001 par value, 1,500,000,000 shares authorized; 50,004,474 shares issued and outstanding 50,004 50,004 Additional paid in capital 10,859,200 10,846,000 Accumulated deficit (9,231,848) (9,197,599) ------------ ------------ Total stockholders' equity 1,677,356 1,698,405 ------------ ------------ Total liabilities and stockholders' equity $ 1,743,972 $ 1,765,676 ============ ============ ZAP.COM CORPORATION UNAUDITED CONDENSED STATEMENTS OF OPERATIONS For the For the Three Months Ended Three Months Ended June 30, June 30, 2006 2005 ------------------ ------------------Revenues $ -- $ --Cost of revenues -- -- ------------------ ------------------ Gross income -- --Operating expenses: General and administrative 44,435 35,376 ------------------ ------------------ Total operating expenses 44,435 35,376 ------------------ ------------------ Loss from operations (44,435) (35,376)Interest income 20,928 12,261 ------------------ ------------------Loss before income taxes (23,507) (23,115)Income taxes -- -- ------------------ ------------------Net loss $ (23,507) $ (23,115) ================== ==================Per share data (basic and diluted):Net loss per share $ 0.00 $ 0.00 ================== ==================Weighted average number of common shares and common share equivalents outstanding 50,004,474 50,004,474 ================== ================== For the For the Six Months Ended Six Months Ended June 30, June 30, 2006 2005 ------------------ ------------------Revenues $ -- $ --Cost of revenues -- -- ------------------ ------------------ Gross income -- --Operating expenses: General and administrative 73,817 64,938 ------------------ ------------------ Total operating expenses 73,817 64,938 ------------------ ------------------ Loss from operations (73,817) (64,938) ------------------ ------------------Interest income 39,568 22,456 ------------------ ------------------Loss before income taxes (34,249) (42,482)Income taxes -- -- ------------------ ------------------Net loss $ (34,249) $ (42,482) ================== ==================Per share data (basic and diluted):Net loss per share $ 0.00 $ 0.00 ================== ==================Weighted average number of common shares and common share equivalents outstanding 50,004,474 50,004,474 ================== ================== SOURCE: Zap.Com Corporation
Quintek Increases Image Processing Capacity to 6 Million Images a Month; Additional Capacity Allows for Significant Revenues Increases 8/8/2006
HUNTINGTON BEACH, Calif., Aug 08, 2006 (BUSINESS WIRE) -- Quintek Technologies Inc. (OTCBB:QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, announced today that it has increased its high-speed image processing capacity at its Orange County, Calif. facility.
"The ability to process millions of images a month from our Orange County facility will allow us to move high volumes of documents for customers with rapid turn around times. Financially, it means we can see revenues increase considerably without extensive costs related to capital expenditures," commented Andrew Haag, Quintek CFO.
Robert Steele, Quintek CEO, stated: "We are seeing strong activity related to new proposals for business. Interest is strong in the healthcare and mortgage space from marquis customers." He added, "Our focus is on delivering the customer the results that will result in market penetration and increased production for the company at this facility and nationwide."
Quintek has created a state-of-the-art processing center. From its Orange County facility, Quintek provides a wide range of services including in-bound mailroom services, high-speed scanning services, data capture and data and image upload. The company provides these services to three major markets that it has valued at $4 billion annually.
Mortgage Processing:
The Mortgage Processing market is serviced by Quintek by imaging closed loan files for mortgage originators, the companies that originate and service home loans. In 2006 mortgage originations are estimated to total $1.8 trillion. The average loan file was 200 pages. Quintek estimates that companies pay an average of $.10 per page to outsource the processing and scanning of these closed loans, creating a market for the services QSI provides in this space of approximately $260 million annually. Quintek has provided mortgage processing services for the flagship West Coast Ditech.com office GMAC, a $22 billion lender.
Healthcare Claims/Records Processing:
The Healthcare Claims Processing services QSI provides help major healthcare providers process claims from customers more effectively and efficiently. Providers are constantly looking for ways to cut costs and provide higher-quality service levels to their customers. In 2004 there were $15 billion of healthcare claims, with each claim averaging $.10. Using those figures as a baseline, the addressable market for services provided by QSI is $1.5 billion annually. Quintek has been processing patient records in the Southern California market for various clients and partners for some time. Quintek has recently developed a partnership with Manhattan Data Inc (MDI) to further penetrate this market.
Accounts Payable Processing:
In the Accounts Payable Processing space Quintek's services save customers money by reducing the cost of processing invoices payable to vendors. Last year the estimated revenues for the Fortune 500 totaled $8.2 trillion. Companies that outsource the payables function spend an estimated 0.025 percent of revenue on A/P Outsourcing. Based on that number, Quintek estimates an addressable market of $1.7 billion for the services provided by QSI. Quintek has installed in house AP solutions for customers and provides outsourced AP services for a $3 billion multinational water purification and chemicals provider.
About Quintek Technologies Inc.
Quintek Technologies Inc. (OTCBB:QTEK), through its wholly owned subsidiaries Quintek Services Inc. (QSI), and Sapphire Consulting Services Inc., provides services to enable Fortune 500 and Global 2000 corporations to reduce costs and maximize revenues.
QSI delivers Business Process Outsourcing (BPO) services and solutions that enable companies to secure and manage their key data processing demands with optimal efficiency and minimal costs. As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO. The Aberdeen Group, a provider of IT market intelligence, forecasted 13 percent annual growth for the BPO industry through 2005, and projected the market to reach $248 billion.
Sapphire Consulting Services Inc. offers a broad range of supply chain management consulting services. Sapphire assists organizations to create a higher level of customer satisfaction, enhance supply chain capability and achieve consistent competitive advantage through reduced product cost, reduced inventory investment and improved supply chain security. A study by IDC found the SCM services market will expand from $26.1 billion in 2002 to $40.5 billion in 2007, representing a five-year compound annual growth rate (CAGR) of 9.2 percent.
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Quintek to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in Quintek's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2005, and any subsequent reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Quintek assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, inability to timely develop of products or services, inability to deliver products or services when ordered, inability of potential customers to pay for ordered products or services, and political and economic risks inherent in domestic and international trade.
SOURCE: Quintek Technologies Inc.
Quintek Technologies Inc. Andrew Haag, 714-848-7741, ext. 14 ahaag*quintek.com or Cinapsys Inc. Mark Moline, 760-458-4899 mark*cinapsys.com
Copyright Business Wire 2006
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Greens Worldwide Executes Definitive Agreement to Acquire Tarheel Tour, Inc. 8/8/2006
HERTFORD, N.C., Aug 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Greens Worldwide Incorporated (OTC Bulletin Board: GRWW) announced today that it has executed a Definitive Agreement to acquire 100% of the common shares of Tarheel Tour, Inc., which owns and operates the Tarheel Tour (www.tarheeltour.com), whereby Tarheel Tour will become a wholly owned subsidiary of Greens Worldwide in a share exchange transaction. Tarheel Tour, based in Huntersville, North Carolina, has operated since 2002, and has been a proving ground for many current aspiring Tour players. Paul Wortham, Co-Founder and President since inception, will continue as President of Tarheel Tour. The closing of the transaction is subject to delivery of documentation to affect the closing, which is scheduled on or about August 16, 2006.
Tarheel Tour, at closing, will continue its operations in the Carolinas, and will be one of the five official regional tours of the US Pro Golf Tour. www.usprogolftour.com.
The other four regionals are the New England Pro Golf Tour www.neprogolftour.com, the Tight Lies Tour, East and West divisions, www.tightliestour.com and The Players Tour, Florida Series.
"Tarheel Tour becoming part of the Greens Worldwide golf family under Paul Wortham's continued management, completes our Regional Tour acquisitions for 2006. I am pleased that Greens Worldwide has been able to assemble significant talent and operating experience of some of the top Tour operators in the country, and Tarheel Tour fits into that category being the predominate tour in the Carolinas. I, as well as the entire staff and management of Greens Worldwide, look forward to working with Paul and his staff in the development of the Tarheel regional tour for 2007 and beyond," stated R. Thomas Kidd, CEO of Greens Worldwide Incorporated.
"The alignment of these major tours may be the most pivotal event I have ever experienced in my thirty years of developmental golf," said Paul Wortham, President of Tarheel Tour Inc. "We are very excited about this partnership with Greens Worldwide and the other tours. Professional golfers throughout the industry should also be excited. For the first time in the developmental golf world, players without larger tour status will be able to earn the kind of money they have only dreamed of. Greens Worldwide is striving to make these dreams come true and being a part of it is exhilarating and an honor."
About the Tar Heel Tour
The Tarheel Tour has been conducting three and four day events in North and South Carolina since 2002. Currently there are over 400 members and non-members on its 2006 roster. At the end of the 2006 the Tarheel Tour will have paid out over $1.6 million in total prize money for the season. Players from 39 states and 12 countries have played in events. Most recently the Tour has graduated Kyle Reifers who not only won his first pro event (Tarheel Tour's Charlotte National Open) but the following week won the Chattanooga Classic, his debut Nationwide event. Other notable players are, Jason Bohn, Tim Simpson, Tommy Tolles, Ken Green, Nick Flanagan and John Maginnes. The Tour has had players in the last three US Opens and has graduated over 40 players past first stage of PGA Tour School and 20 players into final stage. Centrally located in Charlotte, NC the Tour boasts the finest group of golf courses in the industry. The lack of travel and the amount of practice facilities is a major ingredient in the Tours success.
Major sponsors include: Titleist, TaylorMade, Nike Golf and Sundog Eyeware.
Greens Worldwide Incorporated is a vertically integrated sports marketing and management company, engaged in owning and operating sports entities and their support companies and is publicly traded under the stock symbol GRWW. Our current operating subsidiaries are the US Pro Golf Tour, Inc. www.usprogolftour.com, Breakthru Media, Inc. www.breakthrumedia.com , Crowley and Company Advertising, Inc. www.crowleyadvertising.com, New England Pro Tour, Inc. www.neprogolftour.com, Still Moving, Inc. www.still-moving.com , and Las Vegas Golf Schools, Inc. www.gotogolfschool.com. In our continuing effort to develop a more cohesive and synergistic organization, we are structured in a way that allows all of our wholly owned subsidiaries to utilize each other's resources to the greatest extent possible. In addition, the Company's strategic plan is to be able to deliver substantial value by providing multiple sports platforms and media to leverage our partners advertising and promotional dollars, while delivering the finest entertainment opportunities to retain and build customers. For our non-sports businesses, we will utilize the media and promotional benefits of our media platforms in Television, Radio, and Print, together with Internet Television and other like strategic relationships, to grow our consolidated revenues. The Company intends to continue its strategy of acquiring profitable sports organizations and sports related firms, together with other businesses that would benefit from the synergy the Company provides. www.grwwsports.com
Important Information About Forward-Looking Statements
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission.
Contact Tom Kidd Chief Executive Officer 252.264.2064 Paul Wortham President, Tarheel Tour Inc. 704-562-4764
SOURCE Greens Worldwide Incorporated
Tom Kidd, Chief Executive Officer of Greens Worldwide Incorporated, +1-252-264-2064; or Paul Wortham, President, Tarheel Tour Inc., +1-704-562-4764 http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
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Spescom Software Announces Resignation of CEO 8/8/2006
SAN DIEGO, CA, Aug 08, 2006 (MARKET WIRE via COMTEX News Network) -- Spescom Software, Inc. (OTCBB: SPCO), a leading provider of enterprise content and configuration management solutions, announced today that Keith Stentiford has resigned as the Company's Chief Executive Officer and from the Board of Directors effective August 18, 2006. An Interim Chief Executive Officer has been nominated for ratification by the Board. Further announcement will be made in due course.
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NETP (.70) Announces Second Quarter 2006 Results Aug 8, 2006 5:39:00 PM
STAMFORD, Conn., Aug. 8 /PRNewswire-FirstCall/ -- Net Perceptions, Inc. (OTC: NETP.PK) today announced financial results for the quarter ended June 30, 2006. Net Perceptions reported $1,000 in royalty revenues for the second quarter of 2006 compared to $32,000 during the comparable period of 2005. Total revenue for the six months ended June 30, 2006 was $20,000 compared to $43,000 for the same period of 2005. Net loss for the second quarter of 2006 was $164,000 or $0.01 per diluted share compared to net income of $61,000 or $0.00 per diluted share during the same period of 2005. Net loss for the six months ended June 30, 2006 was $103,000 or $0.00 per share compared to net income of $320,000 or $0.01 per share for the same period in 2005.
As of June 30, 2006, Net Perceptions' cash and cash equivalents and marketable securities were $14.6 million (or $0.50 gross cash per share), compared to $14.9 million as of December 31, 2005. Gross cash per share at June 30, 2006 equals cash and cash equivalents and marketable securities of $14.6 million divided by 29.1 million common shares outstanding. Net Perceptions has provided this Non-GAAP measure because it believes that it is useful to investors assessing the extent of Net Perceptions' assets available for redeployment. Net Perceptions is unaware of any comparable GAAP measure.
Net Perceptions estimates that it has available federal net operating loss carry-forwards of approximately $121.1 million and research and development credit carry-forwards of approximately $151,000 which expire in varying amounts beginning in the year 2011, to the extent not limited under Section 382 of the Internal Revenue Code.
Nigel Ekern, Net Perceptions' Chief Administrative Officer stated, "We continue our efforts to identify and evaluate suitable acquisition and merger opportunities as part of our strategy to redeploy our cash and utilize our NOL's, to the extent available."
Net Perceptions does not currently intend to hold conference calls to discuss quarterly earnings releases unless and until it consummates an acquisition in connection with its redeployment strategy. At such time, management plans to resume holding quarterly conference calls to review earnings and Net Perceptions' operating performance.
Net Perceptions, formerly a provider of software business solutions, is seeking to redeploy its assets and use its cash and cash equivalent assets and marketable securities to enhance stockholder value.
This press release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Exchange Act of 1934. Information in this release includes Net Perceptions' beliefs, expectations, intentions and strategies regarding Net Perceptions, its future and its products and services. Assumptions relating to the forward-looking statements involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risks including our inability to execute successfully our planned effort to redeploy our assets to enhance stockholder value and the unavailability of our net operating loss carry forward. Net Perceptions cannot guarantee its future performance. All forward-looking statements contained in this release are based on information available to Net Perceptions as of the date of this release and Net Perceptions assumes no obligation to update the forward-looking statements contained herein.
For further information regarding the risks and uncertainties in connection with Net Perceptions' business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Factors That May Affect Our Future Results" sections of Net Perceptions' filings with the Securities and Exchange Commission, including but not limited to, its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained at our web site at http://www.netperceptions.com or the SEC's web site at http://www.sec.gov.
NET PERCEPTIONS, INC.
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands)
June 30, December 31, 2006 2005 Assets Current assets: Cash and cash equivalents $ 2,804 $ 203 Marketable securities 11,784 14,659 Prepaid expenses and other current assets 132 123 Total current assets 14,720 14,985
Other assets 225 210 Total assets $14,945 $15,195
Liabilities and Stockholders' Equity Current liabilities: Accounts payable & accrued liabilities 98 267 Total current liabilities 98 267
Stockholders' equity: Common stock 2 2 Additional paid-in capital 234,288 234,400 Unearned stock compensation -- (108) Accumulated other comprehensive loss (4) (4) Accumulated deficit (222,085) (221,982) Total stockholders' equity 12,201 12,308 Total liabilities and stockholders' equity $14,945 $15,195
NET PERCEPTIONS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, in thousands, except per share amounts)
Three Months Ended Six Months Ended June 30, June 30, 2006 2005 2006 2005
Revenues: Product $ -- $ -- $ -- $ -- Service, maintenance and royalties 1 32 20 43 Total revenues 1 32 20 43 Cost of revenues: Service and maintenance -- -- -- -- Total cost of revenues -- -- -- --
Gross margin 1 32 20 43
Operating expenses: Research and development -- -- -- -- General and administrative 261 109 349 169 Gain on sale of patents -- -- -- -- Gain on litigation settlement -- -- -- (229) Transaction expenses 50 -- 50 -- Total operating expenses 311 109 399 (60)
Operating income (loss) (310) (77) (379) 103
Other income (expense): Interest income 176 104 335 187 Interest expense (13) (15) (26) (42) Other income (expense) (17) 49 (33) 72 Total other income (expense), net 146 138 276 217 Net income (loss) $ (164) $ 61 $ (103) $ 320 Net income (loss) per share: Basic $ (0.01) $ 0.00 $ (0.00) $ 0.01 Diluted $ (0.01) $ 0.00 $ (0.00) $ 0.01
Shares used in computing basic and diluted net income (loss) per share: Basic 29,060 28,918 29,026 28,355 Diluted 29,060 29,217 29,026 29,195
NET PERCEPTIONS, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in thousands)
Six Months Ended June 30, 2006 2005
Cash flows from operating activities: Net income (loss) $ (103) $ 320 Reconciliation of net income (loss) to net cash (used in)provided by operating activities: Amortization of debt issuance costs 15 14 Amortization of discount on debt -- 16 Stock-based compensation 52 36 Amortization of discounts on investments, net (260) (7) Changes in assets and liabilities: Prepaid expenses and other current assets (9) (118) Accounts payable and accrued liabilities (199) (50) Other assets (30) -- Net cash (used in) provided by operating activities (534) 211
Cash flows from investing activities: Proceeds from maturity of marketable securities 17,550 -- Purchase of marketable securities (14,415) (2,998) Net cash provided by (used in) investing activities 3,135 (2,998)
Net increase (decrease) in cash and cash equivalents 2,601 (2,787) Cash and cash equivalents at beginning of period 203 14,444 Cash and cash equivalents at end of period $ 2,804 $ 11,657 SUPPLEMENTAL DISCLOSURE: Deferred compensation $ 51 $ 35 Restricted stock $ (56) $ 50 Cash paid for taxes $ 64 $ 3
SOURCE Net Perceptions, Inc.
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Nigel Ekern Chief Administrative Officer of Net Perceptions Inc. +1-203-428-2040 nekern*kanders.com
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Pure H2O Bio-Technologies, Inc. Announces New Non-Provisional U.S. Patent Filing for Tetrasilvertetraoxide as Disinfectant Agent for Cryptosporidium
Wednesday August 9, 6:00 AM EDT
BOCA RATON, Fla., Aug 09, 2006 (BUSINESS WIRE) -- Pure H2O Bio-Technologies, Inc. (PHBT) announced today that it filed on July 25, 2006, a Non-Provisional Patent with the United States Patent and Trademark Office, Washington D.C. for Tetrasilver-tetraoxide (TTO) as a Disinfectant Agent for Cryptosporidium. This patent is a follow-up for the Provisional Patent filed on July 28, 2005.
Joseph P. Doxey, President of Pure H20 Bio-Technologies, Inc., said, "The claims, which PHBT accomplished by extensive research and testing included in the patent application, bring the company near to the status, which will give the disinfection system NSF certification."
Pure H2O Bio-Technologies, Inc. developed an improved scientific protocol for this product and engaged Clancy Environmental Consultants, Inc. (CEC) St. Albans, Vermont to perform disinfection studies utilizing TTO as an alternate disinfection process for potable/drinking water.
TTO is an ideal candidate for disinfection of deadly waterborne pathogens such as Cryptosporidium and other protozoans such as Giardia lamblia, whose cysts or oocysts are chlorine-resistant. This current application is a new development in the use of this product for drinking water disinfection within a contained system developed by Pure H2O Bio-Technologies, Inc.
The United States Environmental Protection Agency has stated that adequate product chemistry, efficacy (killing of EPA specified microbial species), environmental fate, toxicology and ecological effects data have been reviewed showing that human exposure from the purposed use is minimal.
It should be noted that very few laboratories in the world have the capability to test for efficacy against Cryptosporidium oocysts. For this reason, PHBT chose Clancy Environmental Consultants, Inc. who is nationally/internationally recognized for their expertise in performing these tests and advising commercial and federal clients. PHBT is confident that claims described in its patents for both microbiology and engineering fields will be verified, thereby placing it in an optimum position to claim a significant market share.
The Company
PHBT is a publicly held company specializing in the manufacturing, design and sale of its unique residential, commercial and hospital point-of-use potable water disinfection systems. These systems are specifically designed to work effectively against water-borne pathogens and remove heavy metals and objectionable biomass.
Note: The foregoing press release contains forward-looking statements that can be identified by such terminology as "expects," "potential," "suggests," "may," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed of implied by such statements. In particular, management's expectations regarding future research, development, and/or commercial results could be affected by, among other things, uncertainties relating to the availability of future financing; unexpected regulatory delays or government regulation generally; the company's ability to obtain or maintain patent and other proprietary intellectual property protection; and completion in general. Forward-looking statements speak only as to the date they were made. The company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Grand Entertainment & Music Inc. Announces Chart Success for Second Qbanito Single
MONTREAL -- (MARKET WIRE) -- 08/09/06 -- Grand Entertainment & Music Inc. (PINKSHEETS: GMSC) announces the recent release of Qbanito's second single, "Bouge Ton Culito."
This track was released on July 10th as the follow-up to the chart-topping single "Maria." The requested single has been well received by critics, radio and the general public and has become very popular with the area's dance clubs. The song immediately began to get airplay throughout Francophone Canada and cracked the top 50 in its first week of release. The song shot all the way up to number 19 on the latest charts released last week. The company is planning a heavy promotional campaign around "Bouge Ton Culito" similar to what was done for the hit single "Maria."
Fred Berlin, President, stated, "The initial success of 'Bouge Ton Culito' should prove to everyone that Qbanito is far from a one-hit wonder. The critics have stated that this is a strong choice for a second single and may even surpass the success of 'Maria' in the Francophone markets." Berlin also stated, "I believe the response to this song in the dance club community and in the live shows is a clear indicator that this single has huge potential as a crossover mainstream pop hit. This type of hit will only facilitate Qbanito's ultimate success in the release of his upcoming Spanish album."
About Grand Entertainment & Music Inc.
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact: Grand Entertainment & Music Inc. Investor Relations: (866) 795-4366 IR*Gmsc-info.comwww.gmsc-info.com
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The Amacore Group Announces the Completion of the Redemption of Mandatory Convertible Debt Business Wire - August 09, 2006 08:00
TAMPA, Fla., Aug 09, 2006 (BUSINESS WIRE) -- The Amacore Group Inc. (OTCBB:ACGI), a premier marketer of vision care plans and enhancements to plans provided by others, today announced the completion of the retirement of $453,000 of mandatory convertible debt. The debt, which was subject to mandatory conversions in 2007 and 2008, was convertible by the holders, at any time, into the company's common stock at a price point below the market price of said common stock on the date of the conversion.
Commenting on the completion of the redemption of the debt, Clark Marcus, president and CEO, said, "We are pleased to have the redemption of this debt completed. By redeeming this debt, we eliminated the conversion of the debt into common stock of the Company and the potential sale of those shares at below market price points."
The Amacore Group Inc. owns and operates the largest discount vision network (Eye Care International), with provider locations nationwide. It is the only discount vision plan providing the services of ophthalmologists (MDs) who discount all of their services including cosmetic surgical procedures, such as LASIK vision correction and CO2 Laser Skin Resurfacing. The Amacore Group is also the parent company of LBI Brokerage LLC, distributor of the Eye Care International vision plan and the TransAmerica Worksite program.
Certain matters discussed in this news release are "forward- looking statements." These forward-looking statements, which only apply on the date of this release, generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "estimates," "anticipates," "believes," "continues" or words of similar import. Similarly, statements that describe Amacore's future plans, objectives or goals are also forward-looking statements, which generally involve known and unknown risks, uncertainties and other facts that may cause the actual results, performance or achievements of the company to be materially different from those expressed or implied by such forward looking statements. Such factors may include the following: uncertainties associated with product development, the risk that Amacore will not gain market acceptance, the impact of competition, the risks associated with dependence upon key personnel and the need for additional financing.
SOURCE: The Amacore Group Inc.
for the Amacore Group Inc. Donald Kappauf, 813-289-5552
Copyright Business Wire 2006
-------------------- "As long as there are dreamers, there are dreams that will come true."
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Related Quotes Sym. Price Chg. PLNI Trade News 0.0019 0 Plasticon International (PLNI) CEO Jim Turek & Senior Consultant BillHowe Conduct Webcast With www.*************.com to Be AvailableThursday, August 10
Aug 9, 2006 08:30:47 (ET)
LEXINGTON, KY, Aug 09, 2006 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) announced today that CEO Jim Turek & Senior Consultant Bill Howe of Plasticon International, Inc., have conducted an exclusive webcast interview with Evergreen Marketing, Inc., home of The Green Baron Report. In light of recent developments, Plasticon feels it is timely to update shareholders and the investment community about the current and future prospects of Plasticon International, Inc. The interview will be available for listening on Thursday morning August 10, 2006 at The Green Baron Investors Society's website www.*************.com .
*************.com will provide continuing coverage and analysis of PLNI on their website and newsletters. For more information about Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society visit them on the web at www.EvergreenMarketingInc.com and www.*************.com .
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 seeks to become a leader and an innovator in using cutting-edge design, engineering, and production of industrial and commercial products. Plasticon's primary emphasis is to use recycled plastics to produce its line of products and the Company views itself as a "green company" in implementing company-wide environmentally sensitive policies.
FORWARD-LOOKING STATEMENTS
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, THE FUTURE PROSPECTS FOR PRO MOLD, INC., AND, THE BUSINESS STRATEGY OF THE COMPANY AND PRO MOLD, INC., 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 FOR THE COMPANY AND PRO MOLD, INC., 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.
Contact: Plasticon International, Inc.: Jim Turek President and CEO 3288 Eagle View Lane Lexington, Kentucky 40509 web site:
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Collectible Concepts Group Introduces New Catalog Market Wire - August 09, 2006 9:00 AM ET
Related Quotes Symbol Last Chg CCGI Trade 0.0001 0.00 Quotes delayed at least 15 minutes
Collectible Concepts Group, Inc. (OTCBB: CCGI) announced today that it has completed a 12 page full-color direct-to-consumer catalog.
The catalog is available 24 hours a day by calling (800) 355-7374, and is also available in an online version at www.sportsmemoriesinwood.com.
CCGI's new series of cable and television commercials also feature the toll free number as well as the website information.
Paul S. Lipschutz, President of CCGI, said, "We are very excited to be in the direct-to-consumer marketplace again as well as continuing to grow our wholesale distribution channels."
About Collectible Concepts
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and E-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccgi.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
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W2 Energy Featured on Stu Taylor on Business Radio Program -- Thursday August 10th at 8:00 AM EDT Wednesday August 9, 6:00 am ET
NEW YORK, Aug. 9, 2006 (PRIMEZONE) -- W2 Energy, Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce that Michael McLaren, the Company's Chief Executive Officer, will be featured on Stu Taylor on Business (http://www.stutaylor.com), a business talk radio program. Stu Taylor will be speaking with Michael McLaren on Thursday, August 10, 2006 at 8:00 am EDT. New England residents can listen live on WBIX AM 1060 or via the Internet at http://www.wbixonline.com/. To listen online, just scroll down WBIX's home page and click on the purple ``audio click here'' button. Past guests on Stu Taylor on Business include Jack Welch, former CEO of GE, Joe Scarbourough of MSNBC, and business book author Harvey Mackay.
ADVERTISEMENT click here About WBIX Radio
WBIX AM 1060 is a 40,000 watt AM radio station based in Framingham, MA that broadcasts primarily a news, lifestyle and business information format. The station can be tuned in throughout most of New England including New Hampshire, Connecticut, Maine, Massachusetts, New York and Rhode Island.
About W2 Energy
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 biomass to energy plants utilize state of the art technologies to produce green energy, both as fuel (sulfur free diesel) and electricity, at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not all the CO2 produced by the process is converted into carbon suboxides in the form of humic acid, and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral even using coal or peat as base fuel.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Collectible Concepts Group Introduces New Catalog Market Wire - August 09, 2006 9:00 AM ET
Related Quotes Symbol Last Chg CCGI Trade 0.0001 0.00 Quotes delayed at least 15 minutes
Collectible Concepts Group, Inc. (OTCBB: CCGI) announced today that it has completed a 12 page full-color direct-to-consumer catalog.
The catalog is available 24 hours a day by calling (800) 355-7374, and is also available in an online version at www.sportsmemoriesinwood.com.
CCGI's new series of cable and television commercials also feature the toll free number as well as the website information.
Paul S. Lipschutz, President of CCGI, said, "We are very excited to be in the direct-to-consumer marketplace again as well as continuing to grow our wholesale distribution channels."
About Collectible Concepts
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and E-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccgi.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
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CyberKey Solutions' Child ID Key and Keeping Children Safe on theInternet -- As Featured on the CBS News Affiliate in Salt Lake City
Aug 9, 2006 09:30:57 (ET)
ST. GEORGE, UT, Aug 09, 2006 (MARKET WIRE via COMTEX) -- CyberKey(R) Solutions, Inc. (PINKSHEETS: CKYS) is pleased to announce that the CEO Jim Plant was interviewed by Brian Martin in a feature report on Salt Lake City, Utah's KUTV -- Channel 2 News regarding parents' concerns over keeping their children safe on the Internet. The feature aired on the CBS affiliate last evening. In his interview, Mr. Plant discussed several of Cyberkey's initiatives to support parents in their efforts to keep children safe. Mr. Plant showcased CyberKey Solutions' Child ID Key and Keepsafe. These products are key tools for parents in helping increase the safety of children on the Internet and in the home.
The Child ID Key acts as a digital vault to securely store critical information about your children such as their fingerprints, medical history, and up-to-date photos. Parents will have this information to share with authorities immediately. The Keepsafe is a biometrically controlled storage container that is a useful tool for parents who keep hand guns in the home. The Keepsafe can only be opened with the parents' fingerprints, preventing the need to maintain keys or combinations.
"The CyberKey Solutions family is passionate about the safety of our children and we have developed several of our product lines around this growing concern. It was a great opportunity to be showcased on KUTV and share with parents the technologies developed by CyberKey, that I am able to utilize with my own children," stated Jim Plant, CEO of CyberKey Solutions, Inc.
CyberKey Solutions recently announced that the Department of Homeland Security added 40,000 units of CyberKey's new biometric USB drive to their original $25 million purchase order.
About CyberKey Corporation
CyberKey Solutions, Inc. recently received a $25 Million Dollar purchase order from the Department of Homeland Security. CyberKey Solutions is currently shipping their USB flash drives to the Department of Homeland Security as well as to all branches of the U.S. Military. CyberKey Solutions, Inc., based in St. George, Utah, partners with industry-leading manufacturers and distributors to deliver secure USB drive-based solutions to vertical markets and content owners, service providers and resellers. CyberKey's solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries.
CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent-pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications. The company is developing a network of resellers, distributors and value added resellers to resell its family of products. For further information visit: http://www.cyberkeycorp.com or contact via email info*cyberkeycorp.com or 888.688.9666.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Anti Aging Medical Group Corp. (PINKSHEETS: AAGM), a specialty pharmaceutical company focused on developing, acquiring and commercializing innovative and scientifically proven products that offer both health maintenance and appearance enhancing benefits announces that the company is launching the introduction of its proprietary "dual phase" LipoLette AM and LipoLette PM weight control supplement. This is a unique nutritional formulation, promoting sustainable long-term bodily weight-control through balanced energy intake and output, 24 hours a day. LipoLette supports effective weight control "lipotrophically" by decreasing the accumulation of fat in the body. LipoLette's active ingredients include a natural plant extract that inhibits the action of "Lipases," intestinal tract digestive enzymes which are responsible for the body's absorption of fat. This inhibition achieves weight control through reduced fat intake, eliminating the unabsorbed food through the stool. This mechanism is similar to the popular obesity drug "Xenical", a synthetic prescription "lipase" inhibitor.
LipoLette is free of Ephedra and caffeine. Most similar weight control supplements exert their effect through accelerating the body's metabolism. This generalized stimulation can also affect the CNS (Central Nervous System), including such adverse side effects as insomnia and agitation. Long-term CNS stimulation has been shown to lead to health problems such as elevated blood pressure and an irregular or elevated heart rate.
"LipoLette addresses the classical 'Yo-Yo' effect found in people trying to control their weight," said Rita Sung, CEO of AAGM. "An unhealthy lifestyle combining overeating and inadequate exercise lead to weight gain. Subsequently, crash dieting to lose weight contributes to an overall physiological imbalance, which in turn often contributes to further weight gain and obesity. LipoLette's 'dual phase' AM and PM formulation harmonizes with the body's changing daily metabolism, helping to normalize body chemistry and CNS function. This approach provides a sustainable long-term weight control solution."
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TORONTO -- (MARKET WIRE) -- 08/09/06 -- Anti Aging Medical Group Corp. (PINKSHEETS: AAGM), a specialty pharmaceutical company focused on developing, acquiring and commercializing innovative and scientifically proven products that offer both health maintenance and appearance enhancing benefits announces that the company is launching the introduction of its proprietary "dual phase" LipoLette AM and LipoLette PM weight control supplement. This is a unique nutritional formulation, promoting sustainable long-term bodily weight-control through balanced energy intake and output, 24 hours a day.
LipoLette supports effective weight control "lipotrophically" by decreasing the accumulation of fat in the body. LipoLette's active ingredients include a natural plant extract that inhibits the action of "Lipases," intestinal tract digestive enzymes which are responsible for the body's absorption of fat. This inhibition achieves weight control through reduced fat intake, eliminating the unabsorbed food through the stool. This mechanism is similar to the popular obesity drug "Xenical", a synthetic prescription "lipase" inhibitor.
LipoLette is free of Ephedra and caffeine. Most similar weight control supplements exert their effect through accelerating the body's metabolism. This generalized stimulation can also affect the CNS (Central Nervous System), including such adverse side effects as insomnia and agitation. Long-term CNS stimulation has been shown to lead to health problems such as elevated blood pressure and an irregular or elevated heart rate.
"LipoLette addresses the classical 'Yo-Yo' effect found in people trying to control their weight," said Rita Sung, CEO of AAGM. "An unhealthy lifestyle combining overeating and inadequate exercise lead to weight gain. Subsequently, crash dieting to lose weight contributes to an overall physiological imbalance, which in turn often contributes to further weight gain and obesity. LipoLette's 'dual phase' AM and PM formulation harmonizes with the body's changing daily metabolism, helping to normalize body chemistry and CNS function. This approach provides a sustainable long-term weight control solution."
About Anti Aging Medical Group Corp
We are a specialty pharmaceutical company focused on developing, acquiring and commercializing innovative and scientifically proven products that offer both health maintenance and appearance enhancing benefits to all of us. We here at Anti-Aging Medical Group Corporation call this Nutraceuticals and Cosmeceuticals. Nutraceuticals are products that have multiple benefits in terms of revitalization for vision, prostate, bone and joint care as well as memory improvement. At Anti-Aging Medical Group Corporation we are developing a drug delivery based, proprietary, non-prescription topical and oral product line which is fast becoming the industry's leader in the treatment of age resistance. Cosmeceuticals are skin care products which are specifically designed to enhance the appearance of your skin while catering to its needs.
Anti-Aging Medical Group Corporation is developing a drug delivery based, proprietary skin care product line which fall under our Cosmeceuticals product line. Cosmeceuticals will not only reduce the signs of aging but they also provide significant skin care benefits. They serve to enhance skin appearance and reduce signs of aging. For more information about us please visit our website at www.anti-agingmedical.net.
This news release contains forward-looking statements. These statements describe management's current beliefs and expectations concerning the future of Anti Aging Medical Corp. These forward-looking statements are identified by using words such as "expect," "believe," and "should." Although the beliefs and expectations mentioned in this release are reasonable, the Company's operations involve a number of risks and uncertainties. Therefore, these statements may turn out not to be true.
The Company will not update forward-looking statements in this news release to reflect actual results, changes in assumptions, or changes in other factors affecting such forward-looking information.
FORWARD-LOOKING STATEMENTS:
This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the Company.
Note: The FDA has not evaluated these statements. This statement is not intended to diagnose, treat, cure of prevent disease.
Distributed by Filing Services Canada and retransmitted by Market Wire
Contact: Anti Aging Medical Group Corp. E-mail: Email Contact
Dr. Jeff Cheng of Dynamic International Group Joins the Buysellmerge.com Development Team Aug 9, 2006 9:42:00 AM Copyright Business Wire 2006 NEW YORK--(BUSINESS WIRE)--Aug. 9, 2006--
Buysellmerge.com, a division of First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that Dr. Jeff Cheng of Dynamic International Group has joined the Buysellmerge.com development team.
Dr. Cheng will assist with the behind the scenes infrastructure for the portal including but not limited to J2EE infrastructure, Load Balancers, SSL Accelerators, Clustering and Real Application Clusters (Oracle RAC) and other applications as needed.
"We are very pleased that Dr. Cheng has joined our team as he brings additional experience and innovative ideas to Buysellmerge.com as we prepare for the launch of the premier interactive business portal," said F. Mohammed, Director of Buysellmerge.com.
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Source: First Guardian Financial Corporation
-------------------- "What good is happiness...it can't buy you money"
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Sulja Bros. Building Supplies, Ltd. (SLJB.PK) Releases Pro Forma for 2007
WINDSOR, ON -- (MARKET WIRE) -- 08/09/06 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) The fiscal year pro forma is available at http://www.suljabros.com.
CEO Steve Sulja states, "Sulja Bros. had an excellent year and the Middle East projects are already affecting the bottom line. The pro forma estimated revenue is $307,007,451.50 and estimated net profits are $93,951,965.18. The pro forma for the current fiscal year is available for our shareholders to view. The pro forma numbers will grow as we obtain our market share of the Middle East construction boom."
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.
-------------------- I buy fast and sell faster!
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CDXH (.055)Signs on First 10,000 Users; Codine(x) Reaches the First of Many Milestones With Rapid Sales of Its User ID Aug 9, 2006 10:06:00 AM Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--Aug. 9, 2006--
Codine(x) International Holdings, Inc. (the "Company") (Pink Sheets:CDXH), developer of the Codine(x) communications platform, today announced that it has reached 10,000 pre-registrations for its unified messaging service that will launch this fall.
"The response has been overwhelming. People and companies value the benefit of having an easily recognizable user ID, which is the reason we've seen such a rapid growth in subscribers prior to the launch," commented Pablo Kleinman, president and CEO of Codine(x).
The Codine(x) ID, comparable to a phone number, instant message screen name or email address, is a unique name that identifies each Codine(x) user. Codine(x) enables users to link fax, SMS, email, IM, voicemail and other message forms. The message receiver, by means of a private control panel, can select how to be reached depending on different factors such as day, time or other special circumstances. Messages sent to their Codine(x) ID are then relayed to one or more predetermined devices, essentially following the ID holders wherever they may be. A user may opt to have all incoming Codine(x) communications converted to a printed fax or translated to a text message. Users may change mobile, fax or pager numbers, but their unique Codine(x) ID always remains the same.
Codine(x) is currently offering user ID pre-registrations for $9.95 per year. Additionally, the Company is offering substantial discounts for three year subscriptions at $6.65 per year and 10 year subscriptions at $4.99 per year. Interested users can register for a Codine(x) ID at http://www.codinex.com.
New York-based Codine(x) International Holdings, Inc. is the developer and operator of the Codine(x) messaging system. For more information, visit http://www.codinex.com or call (212) 202-0856.
Forward Looking Statements
Certain statements in this release, and other written or oral statements made by the Company including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the Company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements.
Source: Codine(x) International Holdings, Inc.
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For Codine(x) International Holdings Inc. New York Cheryl Andrews Marketing Holly Zawyer 305-444-4033 holly*cam-pr.com
-------------------- The difference between genius and stupidity is that genius has its limits
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- Complete Care Medical, Inc. Announces Plans to Penetrate $3 Billion per Year Urological Market Wednesday August 9, 10:30 am ET
HOUSTON, TX--(MARKET WIRE)--Aug 9, 2006 -- Complete Care Medical, Inc. (Other OTC:CCMI.PK - News) announced today the introduction of a newly formed division focusing on disease specific products and services pertaining to the Urological segment of the healthcare industry. CCMI's newest division will focus on specific products within a niche market currently accounting for $300 million in sales per month.
"With our current management team and established manufacturer relationships, we are confident that we will capture a significant share of this market in the coming months," said J.P. Monteverde, CEO of Complete Care Medical, Inc. "We are always pleased when we can offer quality products and services that will assist patients in managing their symptoms from illness in a cost effective and convenient manner, while providing a growth opportunity for our company and shareholders, and we look forward to this division fueling growth and increasing revenues in the urological market."
About Complete Care Medical:
Through its subsidiaries, Complete Care Medical, Inc. provides patients in all 50 states with lower cost alternatives for disease management, medical supplies and prescription pharmaceuticals. In addition, Complete Care Medical's discount services and medication program offers healthcare payers, healthcare providers, healthcare professionals and patients with easy access to utilization and compliance data in order to improve patient outcomes and improve quality of life. Website: www.ccmedicalinc.com
-------------------- The difference between genius and stupidity is that genius has its limits
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CyberKey Solutions' Child ID Key and Keeping Children Safe on the Internet -- As Featured on the CBS News Affiliate in Salt Lake City Wednesday August 9, 9:29 am ET
ST. GEORGE, UT--(MARKET WIRE)--Aug 9, 2006 -- CyberKey® Solutions, Inc. (Other OTC:CKYS.PK - News) is pleased to announce that the CEO Jim Plant was interviewed by Brian Martin in a feature report on Salt Lake City, Utah's KUTV -- Channel 2 News regarding parents' concerns over keeping their children safe on the Internet. The feature aired on the CBS affiliate last evening. In his interview, Mr. Plant discussed several of Cyberkey's initiatives to support parents in their efforts to keep children safe. Mr. Plant showcased CyberKey Solutions' Child ID Key and Keepsafe. These products are key tools for parents in helping increase the safety of children on the Internet and in the home. ADVERTISEMENT
The Child ID Key acts as a digital vault to securely store critical information about your children such as their fingerprints, medical history, and up-to-date photos. Parents will have this information to share with authorities immediately. The Keepsafe is a biometrically controlled storage container that is a useful tool for parents who keep hand guns in the home. The Keepsafe can only be opened with the parents' fingerprints, preventing the need to maintain keys or combinations.
"The CyberKey Solutions family is passionate about the safety of our children and we have developed several of our product lines around this growing concern. It was a great opportunity to be showcased on KUTV and share with parents the technologies developed by CyberKey, that I am able to utilize with my own children," stated Jim Plant, CEO of CyberKey Solutions, Inc.
CyberKey Solutions recently announced that the Department of Homeland Security added 40,000 units of CyberKey's new biometric USB drive to their original $25 million purchase order.
About CyberKey Corporation
CyberKey Solutions, Inc. recently received a $25 Million Dollar purchase order from the Department of Homeland Security. CyberKey Solutions is currently shipping their USB flash drives to the Department of Homeland Security as well as to all branches of the U.S. Military. CyberKey Solutions, Inc., based in St. George, Utah, partners with industry-leading manufacturers and distributors to deliver secure USB drive-based solutions to vertical markets and content owners, service providers and resellers. CyberKey's solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries.
CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent-pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications. The company is developing a network of resellers, distributors and value added resellers to resell its family of products. For further information visit: http://www.cyberkeycorp.com or contact via email info*cyberkeycorp.com or 888.688.9666.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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