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TGLE (.126) Music Division Releases Snoop Dogg's "Drop It Like It's Hot" Live CD and DVD on October 10 Pre-Sale Solicitations Begin September 4, 2006 Forecasting Initial Orders to Be 20,000 for CD and 3,000 for DVD
MIAMI, FL -- (MARKET WIRE) -- 08/17/06 -- Titan Global Entertainment, Inc. (PINKSHEETS: TGLE) announced today that it will release to retail Snoop Dogg's "Drop It Like It's Hot" on October 10, 2006 through Universal Music Group in both the United States and Canada. Retail pre-sale solicitation is scheduled to begin on September 4, 2006.
Filmed and recorded live in Brussels, Belgium, before a frenzied audience, "Drop It Like It's Hot" is the definitive Snoop">http://titanglobalmedia.com/home_artist.html">Snoop Dogg live experience. The package will contain 21 tracks of Snoop's biggest hits on both audio and video formats.
With album sales of 17.6 million in the United States, Snoop Dogg is one of rap music's most durable icons, known for his distinctive lazy drawl, laid-back, rhythmically-complex lyrical delivery. Released in Europe earlier this year, the project has had great success overseas. "As the first in a collection of stellar live music projects, we're very proud to kick off the series with an artist of Snoop Dogg's caliber," stated Allen Jacobi, President of Titan/Pyramid Records. "The caliber of production of the Charly Films series is second to none and we know all of Snoop's fans will be looking forward to it."
Single song snippets from the DVD portion will be available as downloads on Titan Global Entertainment's web portal http://www.TitanTunes.com.
Titan Global Entertainment, Inc. is a multi-faceted entertainment company that specializes in audio and video digital distribution through its state of the art web portal -- TitanTunes.com, the design, production and sale of four multi-media players (The Omni), traditional record production and marketing through Universal Music Group distribution, television, publishing and artist management. Titan is dedicated to supplying new emerging technologies for music to talented artists of various backgrounds on the worldwide web. http://www.titan-entertainment.net
Safe Harbor -- This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Titan Global Entertainment, Inc. future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.
Press Contact: Alana Sorrentino 212.999.5585 Email Contact
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Unicorp Announces It Has Started Producing Oil from Its North Edna Prospect 8/17/2006
HOUSTON, Aug 17, 2006 (BUSINESS WIRE) -- Unicorp, Inc. (OTCBB:UCPI) announced today that it has started producing oil from its North Edna Prospect located in Jefferson Davis Parish, Louisiana. The Lejuene #1 was originally tested at 175 barrels of oil per day and is now expected to produce approximately 150 barrels of oil per day. Unicorp has a 40% before payout and a 30% after payout working interest in this prospect. This initial well was drilled to a depth of approximately 8,800 feet.
"This discovery is exciting because it will more than double our current revenue and we have three additional offset wells to be drilled in this field," stated Arthur Ley, COO of Unicorp. "We recently announced we have secured a drilling rig to further develop the prospects in which we are participating."
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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EntreMetrix Announces a Live Interview on ***.com 8/17/2006
IRVINE, CA, Aug 17, 2006 (MARKET WIRE via COMTEX News Network) -- EntreMetrix, Inc. (OTCBB: ERMX) today announced that it will again participate in a live interview on www.***.com at 1:30 PM Central Time next Thursday, August 24th, 2006. Interested parties may go to www.***.com and download the free player enabling them to listen in for management's discussion of its portfolio investment strategy. This live broadcast is available to anyone at any computer connected to the internet with no subscription necessary. This interview is intended to provide an expanded introduction to EntreMetrix's portfolio investment strategy.
About EntreMetrix: Based in Irvine, California, EntreMetrix is a Business Development Company, regulated under the Investment Company Act of 1940, and a provider of essential structural and financial support services to small business clients throughout the United States. The Company's structural support services create value for clients by providing expertise in the areas of employee and financial management -- eliminating the need for clients to manage non-core functions. For many clients, the EntreMetrix relationship results in access to structural and financial resources needed to sharpen business focus and accelerate growth. For more information on EntreMetrix, Inc., visit the Company's Web site at www.entremetrix.com or contact Scott W. Absher (888) 798-9100. The Company's corporate offices are located in Southern California at 18101 Von Karman Avenue, 3rd Floor, Irvine California 92612.
About ***.com
Market News First is the only online destination that brings real microcap news to investors and features live interaction with companies from the Bulletin Board, Pink Sheets, and Amex. Featuring Live Press Conferences, All-Day Live Trading Commentary, Analyst Profiles, Interactive Forums, News Items, and "The Micro****," ***.com gives microcap investors the information source necessary to trade in the markets. ***.com boasts being the largest true news company reporting on microcap traded stocks.
Contact: Market News First (469) 385-9855 stinson****.com
Safe Harbor Statement: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Statements in this release that relate to the Company's plans and strategies, as well as management's expectations about new and existing products and services, acquisitions and opportunities, market growth, demand for acceptance of new and existing products and services are forward-looking statements. In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors. The Company undertakes no obligations to publicly update or revise such statements. For more details, please refer to the Company's Securities and Exchange Commission filings.
Contact: Scott W. Absher (888) 798-9100 investorinfo*entremetrix.com Contact: Market News First (469) 385-9855 stinson****.com
Get-A-Phone Petitions for Ch. 11 Bankruptcy Protection 8/17/2006
BROOMFIELD, Colo., Aug 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Cardinal Communications, Inc. (OTC Bulletin Board: CDNC), a diversified provider of bundled digital communications and video-on-demand services, and a specialized developer of residential and commercial real estate, today announced that its wholly-owned subsidiary, Connect Paging, Inc., dba Get-A-Phone, petitioned for Chapter 11 bankruptcy protection on Friday, August 11, 2006.
Get-A-Phone has advised Cardinal, who owns 100% of Get-A-Phone's stock, that Get-A-Phone has had difficulty making payments related to billing adjustments by its telecommunications vendor. Get-A-Phone also advised Cardinal that it is attempting to work with the vendor to negotiate a solution which works for both companies, but that it felt compelled to petition for reorganization under Ch 11 bankruptcy in order to maintain operations.
Ed Garneau, Chief Executive Officer of Cardinal, commented "We are disappointed that Get-A-Phone was unable to solve their billing dispute and address their financial shortfall outside of bankruptcy. Prior to the bankruptcy filing, we explored various options in respect to Cardinal's investment in Get-A-Phone. It is unfortunate that our efforts were unsuccessful. We will take all steps necessary to protect and preserve our investment in Get-A-Phone during the bankruptcy process."
About Cardinal Communications, Inc.
Cardinal Communications operates a suite of vertically integrated businesses that provide both bundled digital communications services (voice, video, video-on-demand and high-speed Internet) and high-quality real estate to the residential marketplace. The Company's expertise in communication infrastructure and turnkey residential development allows Cardinal to capitalize on growing demand among homebuyers for modern residences that are pre-equipped with a range of digital communications options. The Company is also partnering with other developers that seek Cardinal's expertise in designing, building and operating residential communication networks that will deliver long-term revenue opportunities. Based in Broomfield, Colo., publicly traded Cardinal trades on the Bulletin Board under the symbol "CDNC." For more information, visit the Company's corporate website at www.cardinalcomms.com
SAFE HARBOR STATEMENT: Some information in this release is forward looking. These forward-looking statements may be affected by the risks and uncertainties in Cardinal Communications and its subsidiaries and divisions. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Cardinal Communications' Securities and Exchange Commission filings. Cardinal Communications wishes to caution readers that certain important factors may have affected and could in the future affect its actual results and could cause actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of Cardinal Communications. There are many factors that will determine whether Cardinal Communications will be successful in its endeavors, including, without limitation, access to adequate capital and consumer acceptance of its telecommunications service offerings. Cardinal Communications undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.
Contact: D. Brian Karr, Chief Financial Officer Cardinal Communications, Inc. 303-285-5353
SOURCE Cardinal Communications, Inc.
D. Brian Karr, Chief Financial Officer of Cardinal Communications, Inc., +1-303-285-5353 http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved
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Fluor Gets $200M Navy Contract and J. Ray McDermott Awarded Qatar Pearl GTL Contract Construction industry alert provided by U.S. Equity News. Engineering and construction firm Fluor Corp. (NYSE:FLR) said Monday it received a $200 million contract from the U.S Navy that could potentially be worth up to $1 billion if all options are exercised. Fluor will provide contingency construction worldwide to support relief and rebuilding efforts in the wake of natural disasters, humanitarian efforts and other emergency situations. The one-year contract is worth up to $200 million, Fluor said, and will be worth up to $1 billion over five years if four one-year options are exercised. Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, http://www.tollbrothers.com, a conference call to discuss its third quarter 2006 earnings results and outlook for the future. The event, scheduled for 2:00 p.m. (EDT) on Tuesday, August 22, 2006, will follow announcement of the Company's third quarter 2006 results for earnings, revenues, contracts and backlog earlier the same day.
McDermott International, Inc. (NYSE:MDR) announced recently that a subsidiary of J. Ray McDermott, S.A. ("J. Ray") was recently awarded a contract by Shell Qatar GTL Limited to engineer, construct, transport, install hook-up and pre-commission two wellhead platforms in Qatar's North Field, for the Pearl gas-to-liquids ("GTL") project. Bob Deason, President and Chief Operating Officer of J. Ray, commented on the contract award, "Pearl GTL is a world class project of strategic importance to both Shell and to Qatar. China Direct Trading Corp. (OTC BB:CHDT) announced recently that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings.
About U.S. Equity News
U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.
U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal.
Direct Insite Announces 20.4% Growth in Recurring Revenues for the First Six Months of 2006; Operating Income Improves by 168% in the Second Quarter 2006 8/17/2006
Market for cash flow optimization, revenue assurance and eInvoicing solutions outsourcing for Fortune 500 companies growing rapidly
BOHEMIA, N.Y., Aug 17, 2006 (BUSINESS WIRE) -- Direct Insite Corp. (OTCBB:DIRI), a global provider of eInvoicing, revenue assurance and cash flow optimization solutions announced financial results for the three and six month periods ended June 30, 2006. The Company reported 20.4% growth in recurring revenues for the six months ended June 30, 2006. The Company also announced it had a 168% improvement in income from operations for the three months ended June 30, 2006, with $116,000 in income from operations compared to a loss from operations of $170,000 for the same period in 2005.
Total revenue decreased 5.3% and 4.3% to $2,196,000 and $4,211,000 for the three and six month periods ended June 30, 2006, respectively, compared to revenue of $2,318,000 and $4,398,000 for the three and six month periods ended June 30, 2005, respectively.
"We continue to see high demand for our global eInvoice Receivables and Payables services with Fortune 500 companies," said Direct Insite CEO and Chairman of the Board James A. Cannavino. "When we meet with these clients, they very quickly understand the quality and efficiency our cash flow optimization, revenue assurance and eInvoicing solutions deliver to their operation. Even so, these contracts have a longer lead time than we expected," said Mr. Cannavino.
Strong Growth in Recurring Revenues
Recurring revenues from eInvoicing services increased 8.8% and 20.4% to $1,565,000 and $3,116,000 for the three and six month periods ended June 30, 2006, compared to $1,439,000 and $2,589,000 for the three and six month periods ended June 30, 2005. Revenues from professional services decreased to $623,000 and $1,080,000 for the three and six months ended June 30, 2006 compared to revenues of $867,000 and $1,783,000 in the same periods in 2005, a decrease of 28.1% and 39.4%, respectively, due to completion of development contracts with clients. Revenues are expected to increase during the remainder of 2006, with the addition of new customers and contracts, and the addition of new services and products.
Continued Improvement in Income from Operations
The Company reported income from operations of $116,000 for the three months ended June 30, 2006, compared to a loss from operations of $170,000 for the same period in 2005. The Company had a loss from operations of $176,000 for the six months ended June 30, 2006, compared to a loss from operations of $380,000 for the same period in 2005. Net income for the three months ended June 30, 2006 was $226,000 compared to a net loss of $402,000 for the three months ended June 30, 2005. For the six months ended June 30, 2006 the Company reported a net loss of $307,000 compared to a net loss of $687,000 for the same period in 2005.
"As our operations become ever more efficient, we have steadfastly maintained an unparalleled level of service to our customers. Few companies of any size can report a 168% improvement in operating income. Still, I believe there is more for us to achieve in this area," said Mr. Cannavino.
Basic and diluted income (loss) per share attributable to common shareholders for the three and six months ended June 30, 2006 was $0.01 and ($0.13), respectively, compared to a basic and diluted loss per share of ($0.12) and ($0.22) for the three and six months ended June 30, 2005.
About Direct Insite
Direct Insite Corp. is a global leader in eInvoicing and cash flow optimization solutions that compliment both accounts payable and receivable processing. Over 75% of the Fortune 1000 and 100% of the Financial Times 100 companies use Direct Insite's service. Direct Insite solutions are used to invoice more than 7,000 corporations world wide. Direct Insite was selected by Deloitte and Touche as one of the '500 Fastest-Growing Technology Companies' in the United States and Canada. For more information, call (631) 244-1500, or visit www.directinsite.com.
The financial information stated above and in the tables below has been abstracted from Direct Insite Corp.'s Form 10-QSB for the six months ended June 30, 2006, filed with the Securities and Exchange Commission on August 17, 2006, and should be read in conjunction with the information provided therein.
Summarized Financial Information--------------------------------------------------------------------- -STATEMENT OF FOR THE FOR THE FOR THE FOR THE OPERATIONS THREE MONTHS THREE MONTHS SIX MONTHS SIX MONTHS ENDED ENDED ENDED ENDED JUNE 30, JUNE 30, JUNE 30, JUNE 30, 2006 2005 2006 2005----------------------------------------------------------------------Revenu e $2,196,000 $2,318,000 $4,211,000 $4,398,000---------------------------------------------------------------------- Operating income (loss) $116,000 $(170,000) $( 176,000) $(380,000)---------------------------------------------------------------------- Other income (expense), net $114,000 $(223,000) $(127,000) $(298,000)---------------------------------------------------------------------- Loss from discontinued operations $(4,000) $(9,000) $(4,000) $(9,000)----------------------------------------------------------------------Ne t income (loss) $226,000 $(402,000) $(307,000) $(687,000)---------------------------------------------------------------------- Preferred Stock Dividends $(176,000) $(171,000) $(348,000) $(325,000)---------------------------------------------------------------------- Net income (loss) attributable to common shareholders $50,000 $(573,000) $(655,000) $(1,012,000)-------------------------------------------------------------------- --Basic and diluted income (loss) per share $0.01 $(0.12) $(0.13) $(0.22)------------------====================================================--- -------------------------------------------------------------------BALANCE SHEET JUNE 30, 2006 DECEMBER 31, 2005----------------------------------------------------------------------Total Current Assets $1,677,000 $2,417,000---------------------------------------------------------------------- Total Assets $2,387,000 $3,181,000---------------------------------------------------------------------- Total Current Liabilities $6,699,000 $6,842,000---------------------------------------------------------------------- Total Shareholders' Deficiency ($4,347,000) ($3,734,000)-------------------------------------------------------------------- -- FORWARD-LOOKING STATEMENTS. All statements other than statements of historical fact included in this release, including without limitation statements regarding the company's financial position, business strategy, and the plans and objectives of the company's management for future operations, are forward-looking statements. When used in this release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the company's management, as well as assumptions made by and information currently available to the company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, business and economic conditions, competitive factors and pricing pressures, capacity and supply constraints. Such statements reflect the views of the company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the company. Readers are cautioned not to place undue reliance on these forward-looking statements. The company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.
SOURCE: Direct Insite Corp.
Direct Insite Corp. Michael J. Beecher, 631-873-2900
Copyright Business Wire 2006
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KENNESAW, Ga., Aug 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place. CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199 "With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
About Conversion Solutions Holdings Corp
CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at http://www.cvsu.us.
SOURCE Conversion Solutions Holdings Corp
CONTACT: Rufus Paul Harris Conversion Solutions Holdings Corp, Harris*cvsu.us, +1-770-420-8270
CEO on Market News Radio to Discuss Second Quarter Results and NewMarket China
DALLAS, TX, Aug 17, 2006 (MARKET WIRE via COMTEX News Network) -- Philip Verges, CEO of NewMarket Technology, Inc. (OTCBB: NMKT), will be live on Market News First (www.***.com) for an exclusive interview with the *** radio team. The interview is slated for Aug. 18, 2006, at 11:30 a.m. EDT.
NewMarket Technology, Inc. (NMKT) has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations.
The company provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft, Cisco Systems and Sun Microsystems with operations in China, Singapore, United States and South America.
Join Philip Verges as he discusses NewMarket Technology's business plan and progress with Market News First Aug. 18, 2006.
About ***.com
Market News First is an online, market news provider that 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 interviews, 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.
/ CORRECTION - Groen Brothers Aviation Team Successfully Achieves Third Milestone of Its DARPA Contract to Design Next Generation High Speed Rotorcraft 8/17/2006
SALT LAKE CITY, UT, Aug 17, 2006 (MARKET WIRE via COMTEX News Network) -- In the news release, "Groen Brothers Aviation Team Successfully Achieves Third Milestone of Its DARPA Contract to Design Next Generation High Speed Rotorcraft," issued earlier today by Groen Brothers Aviation, Inc. (OTCBB: GNBA), we are advised by the company that the second sentence of the first paragraph should read "Phase One, of what is potentially a multi-year $40 million four phase program, began with a fifteen month $6.4 million award to perform trade studies, develop appropriate risk mitigation, perform extensive advanced computer modeling of the entire vehicle, develop the preliminary design for the Heliplane and complete the rotor system design," rather than "Phase One is a fifteen month $6.4 million award to perform trade studies, develop appropriate risk mitigation, perform extensive advanced computer modeling of the entire vehicle, develop the preliminary design for the Heliplane and complete the rotor system design," as originally issued. Complete corrected text follows.
Groen Brothers Aviation Team Successfully Achieves Third Milestone of Its DARPA Contract to Design Next Generation High Speed Rotorcraft
SALT LAKE CITY, UT -- August 17, 2006 -- Groen Brothers Aviation, Inc. (GBA) (OTCBB: GNBA) announced today that the U.S. Defense Advanced Research Projects Agency (DARPA) has passed GBA's submission for the third Milestone of its contract to design a proof of concept high speed, long range, vertical takeoff and landing (VTOL) aircraft. Phase One, of what is potentially a multi-year $40 million four phase program, began with a fifteen month $6.4 million award to perform trade studies, develop appropriate risk mitigation, perform extensive advanced computer modeling of the entire vehicle, develop the preliminary design for the Heliplane and complete the rotor system design.
As previously announced, this modern rotorcraft, named by DARPA as the "Heliplane," is designed to exploit GBA's gyrodyne technology. A "gyrodyne" can be considered as an airplane that does not need a runway. It offers the VTOL capability of a helicopter, the fast forward flight of an airplane, and the safety, simplicity and reliability of a GBA gyroplane. The goal of this proof-of-concept demonstrator is a greater than two-fold improvement in speed and range performance over a conventional helicopter. The Heliplane will have a cruise speed of 400 mph and an unrefueled range of 1,000 nm (1,152 miles). The proof-of-concept aircraft will also carry a 1,000 lb payload.
The objective expressed by DARPA is to obtain performance out of a rotary-wing aircraft that is comparable with fixed-wing airplanes in speed and efficiency. This aircraft type could be the next generation rotor wing aircraft, meeting economy and performance goals not considered achievable by any other type of VTOL aircraft.
Salt Lake City based Groen Brothers Aviation's team includes: The Georgia Institute of Technology, Atlanta; Adam Aircraft Industries with locations in both Colorado and Utah; Williams International with locations in both Michigan and Utah; and a highly renowned team of aerospace consultants including key members of the rotor-wing science cadre at Washington University in St. Louis, Penn State University, and the University of Maryland, as well as top rotor-wing scientists from throughout industry. On the Government Team under DARPA, the GBA team is receiving important support from NASA Ames and the Army's AFDD team at NASA Ames Research Center in addition to leading Rotorcraft Technologists who for decades led much of this nation's advanced rotor-wing aircraft development efforts.
Groen Brothers Aviation's contract with DARPA is based upon the "gyrodyne" concept long espoused by Groen Brothers Aviation and extensively researched by Georgia Tech. A gyrodyne is similar in appearance to an airplane with a helicopter rotor mounted on top. And, like a helicopter it is capable of hovering and vertical takeoff and landing. Unlike a helicopter, however, a gyrodyne's rotor is driven by rotor blade reaction drives powered only during hover, takeoff and landing. During forward flight, like a gyroplane, the rotor is not powered. Forward thrust is provided by engines typical of an airplane. This use of reaction drives for rotor power and main engines for forward thrust eliminates the need for much of the cost, weight, and complexity found in helicopters, while permitting much higher forward speeds.
Georgia Tech is a top U.S. graduate engineering research university, with premier aerospace engineering programs and its world famous rotary wing technology program. Adam Aircraft is highly respected for its innovative use of modern composite materials, engineering quality, and rapid prototyping processes that has allowed Adam to bring to market two new high-performance aircraft: the six passenger "center-line-twin" A500 and the A700 personal jet. Williams International has developed more than 40 different small gas turbine engine systems for both military and commercial air vehicles, including the Adam A700 and many other modern "biz-jets." The University of Maryland, Penn State University, and Washington University, along with Georgia Tech, have long been leaders in rotor-wing sciences.
About Groen Brothers Aviation, Inc.
Developing gyroplane technology since 1986, GBA is recognized as the world's leading authority on autorotative flight. The company has developed the world's first commercially viable modern gyroplane -- the first "autogiro" to utilize a jet engine -- the Hawk 4 Gyroplane powered by a Rolls-Royce gas turbine engine. The Hawk 4 was used extensively for security aerial patrol missions during the 2002 Winter Olympics in Salt Lake City. The gyroplane's inherently simple design offers a safe and affordable alternative to helicopters and airplanes for many applications, including aerial observation roles in both government and private applications, agricultural aerial application, tour guide flights, and cargo/passenger transport.
Through its American Autogyro division, the company has also developed and is currently selling a smaller kit gyroplane, the two seat "SparrowHawk II," and is offering this aircraft as a safe, extremely economical Airborne Patrol Vehicle (APV) for law enforcement and other government applications. The Company is also developing a production two-seat gyroplane for both the "Airborne Law Enforcement" and the "Light Sport Aircraft" (LSA) markets. The Company continues to develop a nationwide dealership network for the sale of these products.
Further information about the Company, its products, and individual members of the GBA Team is available on the Company's web site at: www.groenbros.com.
Safe Harbor Statement/Forward-Looking Information Disclaimer
Certain statements in this news release by Groen Brothers Aviation are forward-looking 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. Forward-looking information is subject to risk and uncertainty. Certain statements in this Press Release may contain forward-looking information that involves risk and uncertainty, including but not limited to, the Company's ability to fund ongoing operations and to complete its obligations under the government contract and its other ongoing commitments. Future results and trends depend on a variety of factors, including the Company's successful execution of internal performance plans; product development and performance; risks associated with regulatory certifications of the Company's commercial aircraft by U.S. and foreign governments; government bid and funding availability uncertainty; other regulatory uncertainties; performance issues with key suppliers and subcontractors; governmental export and import policies; and the ability to adequately finance operations including meeting its debt obligations, fund manufacturing and delivery of products.
FOR FURTHER INFORMATION Hank Parry/Media Al Waddill/Investor Information Groen Brothers Aviation, Inc. 801/973-0177
SOURCE: Groen Brothers Aviation, Inc.
Copyright 2006 Market Wire, All rights reserved.
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Universal Communication Systems, Inc. Wholly Owned Subsidiary Atmospheric Water Technologies, Inc. Secures Major New South African Order for $0.25 Million for Large Air Water Machines 8/18/2006
South African Army to Conduct Military Tests and Product Evaluation
MIAMI BEACH, FL, Aug 18, 2006 (MARKET WIRE via COMTEX News Network) -- Universal Communication Systems, Inc. (OTCBB: UCSY) (BERLIN: UVC) (XETRA: UVC) (FRANKFURT: UVC) (MUNICH: UVC) (WKN: 917633) subsidiary Atmospheric Water Technologies, Inc. announced today that the company working with Watermaker India (PVT) Limited has secured a new order from their South African distributors for a range of large Air Water machines, including models of the AW 1000M - Mobile unit, with a value in excess of $0.25 Million. One of these AW 1000M - Mobile units is earmarked for tests and evaluation by the South African Army.
Michael Zwebner, president of the company, stated: "Once again, we are pleased to announce this new breakthrough in sales for our unique and proven range of large Air to Water machines. This major sale includes units of the AW40, AW 120, AW 250, AW 500 and the AW 1000. In addition, we have sold one model of the now acclaimed AW 1000M, and a further unit is being supplied on a 90 day consignment basis for the South African Army to test and evaluate. We believe this to be a major breakthrough for our sales efforts. Almost half the order will be air freighted to South Africa at the end of this month. Together with our local distributors, and other local agents throughout the continent, the company is continuing to develop new markets for Air Water Machines all over Africa."
About Air Water Corporation
Air Water Corporation designs and manufactures a large range of Air to Water machines for the production of clean, clear, filtered and pure potable water for drinking and other purposes. The company has contracted manufacturing facilities in China, India and Israel. Full product images and complete details are available on the company's website: www.airwatercorp.com
About Solar Style, Inc.
Solar Style, Inc. www.solarstyle.com, based out of Baltimore, MD, offers a complete range of PV Solar Chargers with sizes and powering capabilities for a wide range of consumer electronic products, including mobile phones, Walkmans, Discmans, cameras, mp3s and personal gaming systems. The company sees the global demand for powering devices continuing to grow, as is the portable consumer electronics market. With the consistently growing presence of mobile computers and other small handheld devices, the need for portable power/charging is soaring. Solar Style fully intends to secure and maintain its leading market position in this new exciting industry. The company has filed and applied for US, Canada, European and world-wide patent protection for its range of solar chargers, as well as its new state of the art "Power Pack" PV solar charger. Full product images and complete details are available on the company's website. www.solarstyle.com
About Universal Communication Systems, Inc.
For more information on the company, please visit the company's official web site at: http://www.ucsy.com
SAFE HARBOR
Caution Concerning Forward-Looking Statements by Universal Communication Systems, Inc. This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Universal Communication Systems, Inc. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
We are commenting on the next 90 days of our business development. Our business plan for the next 90 days is to complete the initiatives we have started and to develop the cash flow model to finance the business plan for the remainder of the fiscal year. We are focusing on development of the real estate business component and we are seeking to acquire several distressed properties for our portfolio.
Development of Financial Instruments:
The development of the necessary financial infrastructure and management components of the business model is the company's primary task to achieve the goals we have stated for the company. The financial infrastructure development is based on the ability to finance projects internally through offerings or externally through joint ventures with financial partners.
Our internal financial development is proceeding with the design of a structure that will allow us to acquire distressed properties in bulk at a wholesale price. The Collateralized Debt Obligation ("CDO") with a guaranteed principal component will give us the ability to acquire, rehab, and market multiple properties for our portfolio.
The development of this financial product will give us a strategic advantage over our competitors in the acquisition of distressed properties and the refinance of those assets.
Our business agenda is to reinvests the proceeds of the financing back into the business to be used for the acquisition of an investment company with assets under management and to develop the business to trade in the market under its own symbol with an eventual dividend distribution.
Summary:
Our business model and financial development is proceeding to take shape and we have the necessary tools and initiatives in place to build out the company's infrastructure now that we have located to our permanent business address. More information will be forthcoming regarding our funding agenda.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
SOURCE: Silver Screen Studios, Inc.
Silver Screen Studios, Inc. Donald Evans, 404-255-0400 sssu*mindspring.com
Copyright Business Wire 2006
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Global Diversified Industries, Inc. Announces Year-End Revenues at $14.9 Million; Up 62 Percent; Continued Profitability
CHOWCHILLA, Calif., Aug. 18 /PRNewswire-FirstCall/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI), focused on the modular building industry with emphasis on the education market (http://www.gdvi.net), today reported that revenues for the year ended April 30, 2006 totaled $14.9 million, up 62 percent compared to revenues of $9.2 million in the previous fiscal year.
Net income for the fiscal year ended April 30, 2006 totaled $596,683 compared to net income of $501,956 for the previous fiscal year. The Company said working capital increased to $3.2 million at April 30, 2006, up 58 percent compared to the previous year, and Stockholders Equity increased 34 percent to $5.2 million compared to April 30, 2005. For the year ended April 30, 2006, the Company's gross profit margin was 28.5 percent.
'The Company has posted eight consecutive profitable quarters. We are winning larger projects with our Aurora Modular Industry designs, which allows us to compete for two-story modular school buildings,' said Phil Hamilton, CEO.
Mr. Hamilton said there is increased bidding activity due to the need by California schools for portable classrooms. 'Student enrollment has been up the last three years and the forecast over the next 10 years is continued growth,' Global Diversified Industries CEO said.
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick*eandecommunications.com
SOURCE Global Diversified Industries, Inc.
Source: PR Newswire (August 18, 2006 - 4:00 AM EDT)
As of August 14, 2006, the Company had 159,602,478 shares of common stock issued and outstanding, of which 92,984,564 were held by non-affiliates
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Avalon Oil & Gas and KROG acquire three producing oil wells in Miller County, Arkansas
Aug 18, 2006 (M2 EQUITYBITES via COMTEX) -- Avalon Oil & Gas Inc (OTCBB:AOGS), an oil and gas company, said on 17 August that it has jointly acquired three producing oil wells with KROG Partners LLC. The wells are located in Miller County, Arkansas and they were acquired from an independent oil producer in Oil City, Louisiana. The acquisition has been closed and is effective as from 11 August 2006.
Avalon and KROG will each own a 50% working interest in the properties, and the latter will be the operator.
The acquired wells are the Dixon Heirs #1, Deltic Farms & Timber #1 and the Gunn #1. KROG and Avalon will immediately begin working on optimisation opportunities with the aim of enhancing production from the properties, Avalon said.
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SSYO 0.0450 announced its financial results
IRVINE, CA -- (MARKET WIRE) -- 08/18/06 -- Sensor System Solutions, Inc. (OTCBB: SSYO), a manufacturer of micro-electromechanical systems (MEMS) sensors, intelligent sensor interface electronics and intelligent embedded control systems, today announced its financial results for the second quarter ended June 30, 2006.
Revenues for the quarter ended June 30, 2006 decreased 6% to $287.2 thousand from revenues of $303.3 thousand in the second quarter of 2005. Revenues decreased primarily because of a temporary lapse in ordering from the Company's largest customer, in order for them to work off an unexpected inventory backlog. This customer has issued a new purchase order subsequent to the end of the quarter for approximately $600,000 worth of products to be delivered over the next two years.
Net loss for the second quarter of 2006 was $600.3 thousand compared to a net loss of $393.3 thousand in the second quarter of 2005. The $207,000 increase in net loss is due to the increase in operating expenses exceeding the increase in gross profit.
Gross profit for the second quarter of 2006 was $132.8 thousand or 46.2% of revenues, compared to a gross profit of $76.7 thousand or 25.3% of revenues for the second quarter last year. The increase in gross profit was generated by a decrease in cost of sales percentage, which was the result of increased productivity and management's efforts to reduce operating expense, and production tooling improvement.
"We have updated our customer data base and streamlined the communication to our sales reps and customers in the second quarter," said Michael Young, CEO of Sensor System Solutions. "We also have identified several unique key applications for our technology. We will begin to see results of these efforts in third quarter of 2006."
Highlights from the second quarter of 2006:
-- Launched an enhanced website with numerous new features -- Launched two new Corrosive Environment Pressure Sensors, Model 5400 & 5410 -- Launched new Digital Gauge NIST Certification Services -- Launched new Refrigeration Market Pressure Sensor, Model 7400 -- Greatly expanded Press Relations Database to improve and increase Trade Publication coverage and publication of Technical White Papers -- Began sales of Scales & Signal Conditioners through second sales/distribution relationship -- Increasing number of products sold through Catalog Houses and in negotiations with additional outlets -- Continuing R&D initiatives with multiple Fortune 200 firms which are expected to result in firm new product orders over the next two quarters -- Successfully completed first phase of product testing for a Homeland Security subcontractor for the Littoral Combat Ship (LCS) -- Expanded bidding on variations of previously announced US Navy Depth Sensor Project for additional Naval applications -- Progressing on Market identification and penetration in Marine and Race Car related niches -- Signed a renewal agreement for approximately $600,000 with Honeywell HomMed, LLC, and its alliance partner for load cells used in their home digital medical scale product line.
Mr. Young stated, "We see an increase in our future product offerings which will result in growing demand for our technology and products. But, we also need to improve our short-range cash position and are actively working on various ways to strengthen the financial condition of the company. We project a much stronger second half if additional timely funding can be raised."
About Sensor System Solutions (3S)
3S is engaged in the design and manufacture of sensor components and sensor system solutions. These products are marketed to a variety of OEM and end-product manufacturers, including the medical, chemical, military, oil and gas industries. 3S' strategy is to integrate the Company's numerous intellectual properties into intelligent interface electronics and sensors enabling "smart products" that provide enterprises with an unbroken stream of critical real-time information -- 24 / 7 -- for machine conditions, manufacturing processes and/or business transactions, without human attention or intervention. 3S markets these products through various strategic partners. For more information, please contact us at 949-855-6688 or visit us at www.corp3s.com.
Forward-Looking Statements:
This release may contain statements we believe are, or may be considered to be, "forward-looking statements." These forward-looking statements generally can be identified by use of the statements that include phrases such as we "expect," "plan," "believe," or other similar words or phrases. Similarly, statements describing our objectives, plans or goals also are forward-looking statements. All of these forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the expected results expressed or implied by the relevant forward-looking statement. All forward-looking statements speak only as of the date made, and we undertake no obligation to update them.
Contact Information: Michael Young President & CEO Sensor System Solutions, Inc. 949-855-6688 ext 100 myoung*corp3s.com www.corp3s.com
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DNAG 0.0144 an interview with The Wall Street Reporter
SARASOTA, FL -- (MARKET WIRE) -- 08/18/06 -- DNAPrint Genomics, Inc. (OTCBB: DNAG) today announced that President and Chief Executive Officer Richard Gabriel conducted an interview with The Wall Street Reporter on Tuesday, August 15, 2006.
During the interview, Mr. Gabriel provided an overview of the Company's operations, listing the various activities in each division and outlining their distinctive plans for growth.
"The strategy has been to focus on increasing revenue, and we are doing that, as our quarterly results show," Mr. Gabriel stated in the interview. "Revenue is up for the half year by a pretty good amount, and we hope to continue that trend through the end of the year."
Mr. Gabriel also gave insights into the revenue potential for DNA research and an update on the development of compounds to treat various diseases. He elaborated on the revenue potential for the Company's relationships with Biofrontera of Germany, in which the company has a significant ownership stake, as well as the continuing relationship with Harvard University's Beth Israel Deaconess Hospital and the new relationship with Emory University's Center for Medical Genomics.
The interview is available for streaming by going to http://www.******************.com/profile.php?id=19412. Free registration is required to enter the site. The interview will be available in the site's archive until November 15, 2006.
About DNAPrint Genomics, Inc.
DNAPrint Genomics, Inc. (www.dnaprint.com) is a developer of genomics-based products and services in two primary markets: biomedical and forensics. DNAPrint Pharmaceuticals, Inc., a wholly owned subsidiary, develops diagnostic tests and theranostic products (drug/test combinations) using the Company's proprietary ancestry-informed genetic marker studies combined with proprietary computational modeling technology. Computational Biology and Pharmacogenomics services are also offered externally to biopharmaceutical companies. The Company's first theranostic product is PT-401, a "Super EPO" (erythropoietin) dimer protein drug for treatment of anemia in renal dialysis patients (with end stage renal disease). Preclinical and clinical development of all the Company's drug candidates will benefit from simulated pre-trials to design actual trials better and are targeted to patients with genetic profiles indicating their propensity to have the best clinical responses. DNAPrint is proud of its continued dedication to developing and supplying new technological advances in law enforcement and consumer ancestry heritage interests. Please refer to www.dnaprint.com for information on law enforcement and consumer applications which include DNAWITNESS(TM), RETINOME(TM), ANCESTRYbyDNA(TM) and EURO-DNA(TM). DNAWitness-Y and DNAWitness-Mito are two tests offered by the Company. The results from these tests may be used as identification tools when a DNA sample is deteriorated or compromised or other DNA testing fails to yield acceptable results.
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, but not limited to, uncertainties relating to technologies, product development, manufacturing, market acceptance, cost and pricing of DNAPrint's products, dependence on collaborations and partners, regulatory approvals, competition, intellectual property of others, and patent protection and litigation. DNAPrint Genomics, Inc. expressly disclaims any obligation or undertaking, except as may be required by applicable law or regulation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in DNAPrint's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based.
Company Contact: Richard Gabriel CEO and President 941 366-3400 or Ron Stabiner The Wall Street Group, Inc. 212-888-4848
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HMWM 0.06 signed a national advertising agreement
GOLDEN, Colo., Aug. 18, 2006 (PRIMEZONE) -- HumWare Media Corporation (Pink Sheets:HMWM) announced today that it has signed a national advertising agreement with Magic Media Networks, Inc. (OTCBB:MGCN). The affiliate agreement allows for both companies to provide national advertising on the participating networks including HumWare Media Corp's Boondoggle Sports Network and Magic Media's consortium of affiliated digital signage networks composed of GETV network, Wild Blue Yonder on Frontier and six other affiliated networks on the National Hotel Television Network, a subsidiary of Magic Media.
Destination Television intends to provide national advertising and a broad range of entertainment for distribution on Boondoggle Sports Network. HumWare can provide national advertisements on Magic Media's networks and affiliates that serve premium locations such as Marriott, Sheraton, Loews, and Hilton hotels; Gold's Gyms; World's Gyms; Bellagio, Pimlico; Venetian Resort and Casino; Frontier Airlines and dozens of other leisure destinations.
Magic Media Networks, Inc. and its wholly owned subsidiary, Destination Television's, core business is the implementation of private television networks and digital signage in high traffic leisure destinations. Destination Television's content providers and advertisers have consisted of major corporations such as 20th Century Fox, Universal, Paramount, Bacardi, Beck's Beer, Virgin, Arista, Warner Bros., and Atlantic. Destination Television's network broadcasts Bar TV(tm), Gym TV(tm), and Hotel TV(tm), which currently air Hollywood blockbuster movie trailers and new music videos buffered by quality digital advertising creating their unique brand of "advertainment."
"We are excited about this advertising agreement with Magic Media Networks because recent surveys have shown that people watching an advertisement on a digital screen had an 88% better brand recall of the advertisement and were 111% more likely to buy the product or service as compared to a static advertisement. That is wonderful news for our advertisers and the future of HumWare Media," stated John Huemoeller, CEO of HumWare Media Corporation.
"We welcome HumWare Media and the Boondoggle Sports Network as the newest affiliates of Destination Television," stated Gordon Scott Venters, President and CEO of Magic Media Networks and Destination Television, Inc.
About HumWare Media Corporation:
HumWare Media Corporation (Pink Sheets:HMWM) is an emerging out-of-home "new media" advertising company primarily operating the Boondoggle Sports Network (BSN). BSN delivers interactive sports trivia and fantasy sports entertainment to the hospitality industry (bars, restaurants, golf courses, health clubs, and hotels). BSN is a closed network that is delivered via the Internet and displayed on television monitors inside establishments. The Boondoggle Sports Network ad rate model has been created by analyzing rates from similar products such as television, bar and restaurant bathroom and movie theatre advertising. The dynamic digital signage network provides advertisers with an effective medium to reach on the go consumers.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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HISC 0.0125 has launched amarketing "road show" to visit wireless carrier locations in seven eastern U.S. cities
ASHEVILLE, NC -- (MARKET WIRE) -- 08/18/06 -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) is pleased to announce that the Company has launched a marketing "road show" to visit wireless carrier locations in seven eastern U.S. cities and demonstrate its multi-faceted Cyber Tracker security device. Homeland Integrated Security Systems will meet with key executives, data solutions personnel, sales representatives, and customers in each of the cities. The purpose of the "Homeland Road Show" is to increase awareness of the next generation Cyber Tracker and its new generation of applications.
The "Homeland Road Show" has already made stops in Nashville, TN, Atlanta, GA, and Raleigh, NC. The remaining dates and locations include: Columbia, SC (August 18), Washington, DC (August 21, 22), Boston, MA (August 24), and Buffalo, NY (August 30).
Homeland Integrated Security Systems executives will demonstrate how the Cyber Tracker can monitor vehicles and collect virtually any data that can be monitored by the vehicle. Specific capabilities of the Cyber Tracker that will be demonstrated include remote vehicle starting, turning lights on/off, locking/unlocking a vehicle, monitoring the open/close of specific doors, and control of the vehicle's interior temperature. The wireless carrier audiences will see a demonstration of the GPS and "Push-to-Talk" features of the Cyber Tracker as well. The Cyber Tracker is an approved Sprint-Nextel device.
"This is a fantastic opportunity for us to get out there and present our Cyber Tracker solution to the people who will actually be selling our product to consumers. It is a chance for us to get management and sales representatives excited about our unique, evolving Cyber Tracker," stated Fred Wicks, President and CEO of Homeland Integrated Security Systems, Inc.
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. Cyber Tracker technology has applications for data and tracking functions across numerous verticals. For more information please visit our website www.hissusa.com.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Contact: Homeland Integrated Security Systems, Inc. Investor Relations 407-884-0444 or 1-866-THE-APPLE
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James Monroe Capital / Eagle Installation Nearing Merger Closing Business Wire - August 18, 2006 8:30 AM (EDT)
CHICAGO, Aug 18, 2006 (BUSINESS WIRE) -- James Monroe Capital Corporation (Pink Sheets:JMCP) is closing-in on the acquisition of a manufacturing company, Eagle Installation, Incorporated.
The target acquisition, Eagle Installation, had 65 employees in multiple states, and revenues approaching $2 million last year. The company owns piles of industrial tools and manufacturing equipment, which could be used by Diversified Ethanol for manufacturing plants. Eagle Installation's owner, John Newby, has been offered a directorship and a position in charge of all fabrication and manufacturing for Diversified Ethanol. The company is intended to become part of Diversified Ethanol, and to work exclusively on Diversified Ethanol projects.
Diversified's CEO Taylor Moffitt said, "This acquisition won't just give us trucks, trailers, fuel tanks, welders, real estate, fork lifts, and fabrication tools ... it will give us the talent of John Newby, the greatest asset. With Newby's experience and leadership on our team, Diversified Ethanol can catapult into massive action. Newby can get us into production fast. He knows what he's doing."
Moffitt is negotiating the deal, which involves a mixture of cash and stock. JMCP CEO Chris McGovern has already written the check in anticipation of the pending closing.
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: James Monroe Capital Corporation
James Monroe Capital Corporation, Northbrook, IL Chris McGovern, 847-418-3848
Copyright Business Wire 2006
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RMDG 0.0011 officially hit digital and major retail shelves in the U.S
PHILADELPHIA--(BUSINESS WIRE)--Aug. 18, 2006-- RMD Entertainment Group (Pink Sheets:RMDG) announced today that the Company's long-awaited and highly anticipated DVD magazine project, Block Star DVD Magazine, officially hit digital and major retail shelves in the U.S. The moment the first copy of Block Star DVD Magazine was stocked at a 'bricks and mortar' location marked a huge leap forward for RMD. This DVD is the first of many RMD projects to become available for consumer purchase through traditional retail channels. While RMD has a stronghold on the digital arena, this is their first offline product delivery. Block Star DVD Magazine will continue to be available through Amazon.Com; however, it can now be found at Best Buy Co., Inc. and all Trans World Entertainment locations which include Wherehouse Music, Sam Goody, Suncoast and many more. RMD CEO Giorgio Costonis commented, "This marks a significant leap forward for the RMD family. We have worked so hard to make such a powerful impact on the digital community that when a project like Block Star DVD Magazine hits with such force at the traditional retail level, it is clear that our content development choices were more than solid." Costonis added, "The creator and Editor-In-Chief of Block Star, Mike Chong, has done an exceptional job bringing this project to life and must be commended. Without passion like his, our team would not have been able to execute distribution as successfully."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music industry today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
KEYWORD: NORTH AMERICA FLORIDA PENNSYLVANIA UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MUSIC COMMUNICATIONS PUBLISHING PRODUCT/SERVICE SOURCE: RMD Entertainment Group
CONTACT INFORMATION: For RMD Entertainment Group, Philadelphia Jed Wallace, 310-234-3200 jwallace*mphpr.com
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RSHN 0.0026 unveils the packaging of its product-line to be presented at the Expo Japan 2006
BLUE ISLAND, Ill.--(BUSINESS WIRE)--Aug. 18, 2006-- RushNet, Inc. (Pink Sheets:RSHN), the marketing company for Rush Beverage Co. and brand owner of e-water(TM), unveils the packaging of its product-line to be presented at the Expo Japan 2006 with the Ginseng Rush quad X energy drink (8.4 fl. oz. cans) as the focus. Robert J. Corr, President of RushNet, Inc., stated, "This is the awaited step forward to our market penetration in Asia. As I stated in the previous press release about our licensed beverages, 'The Japanese understand and highly value the benefits of Ginseng. RushNet's products will satisfy their demand. American Ginseng is world renowned for its unrivaled potency and efficacy. We use only pure Wisconsin-grown, high quality American Ginseng (Panax Quiquefolius) in our all-natural beverages, extracts and capsules." He further stated, "The Expo in Japan provides the hands-on opportunity we have been waiting for to connect with this huge market. We expect this opportunity to propel RushNet's products into the lifestyle of the Asian culture. Exclusive agents representing our RushNet brands have been appointed and leading retailers, distributors and convenience store chains have already viewed the products and will formalize future plans for RushNet's e-water(TM) and other licensed beverages at the Expo. There are no other energy beverages quite like ours in an all-natural form. This makes us unique in the crowded energy drink category, which we believe gives us the competitive edge to emerge as a market leader. The success of the energy drink, Red Bull(TM), is apparent. The Ginseng Rush quad X is the counter balance to the highly caffeinated Red Bull(TM)." Corr goes on to say, "It's a great challenge to put high potency pure Ginseng against USP caffeine, which is used in most energy drinks. We can now realistically envision similar success for our all-natural Ginseng quad X." Click on the following web links for information on the Natural Products Expo Japan, to be held at the Tokyo International Exhibition Center on September 21-23, www.naturalproductsjapan.com and to view the RushNet products that will be presented at the show www.enjoytherush.com/japanad.htm .
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Red Bull(TM) is a Registered Trademark of Red Bull GmbH Austria.
KEYWORD: ASIA PACIFIC NORTH AMERICA ILLINOIS UNITED STATES JAPAN INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE PRODUCT/SERVICE TRADE SHOW SOURCE: RushNet, Inc.
CONTACT INFORMATION: RushNet, Inc. Robert Corr, 708-389-6625 rushbev********** www.enjoytherush.com
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CanWest Petroleum Corporation Receives Approval for Listing of Shares on the American Stock Exchange
CALGARY, ALBERTA -- (MARKET WIRE) -- 08/18/06 -- The American Stock Exchange ("Amex") has approved the application by CanWest Petroleum Corporation (the "Company") (OTCBB: CWPC) for the listing of the Company's common stock on Amex under the trading symbol "BQI".
T. Murray Wilson, Executive Chairman of the Board of Directors of CanWest Petroleum Corporation, said, "We are very excited about our listing on the American Stock Exchange. We hope to benefit from the array of support the Exchange provides to its listed companies, and to enhance shareholder value as a result of the listing."
CanWest Petroleum has selected AGS Specialist Partners as its specialist. The Amex listing approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on Amex, and may be rescinded if the Company is not in compliance with such standards. The Company expects to begin trading on Amex on Thursday, August 24, 2006.
About CanWest Petroleum
CanWest Petroleum, a public company incorporated in the State of Colorado, is engaged in a variety of projects in the oil and gas industry in Western Canada with an emphasis on oil sands and oil shale. Its lead project is an oil sands exploration program being conducted in the Province of Saskatchewan by its subsidiary, Oilsands Quest Inc. To obtain more information on CanWest Petroleum, visit the Company's web site (http://www.canwestpetroleum.com).
About the American Stock Exchange
The American Stock Exchange is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 188 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the companies' operations, markets, products and prices, and including other factors discussed in CanWest Petroleum Corporation's various filings with the Securities and Exchange Commission.
CUSIP# 138 748 108
Contacts: The Buick Group Institutional Investors Toll Free: 1-877-748-0914 Office: (416) 915-0915 jbuick*buickgroup.com
JAMAICA, NY--(MARKET WIRE)--Aug 18, 2006 -- The Board of Directors of iFinix Corporation (Other OTC:INXR.PK - News) is pleased to release the results of a preliminary study of our prospective market size, potential market share and subsequent revenue potential. ADVERTISEMENT
Corporate Chief Executive Officer, Mr. Douglas Spadaro, stated that: "Retail clients are increasingly looking for value from a broader set of financial tools. Through the compelling value proposition of our e-phoenix modality, they are able to respond to the ever changing market environment on a real time basis. By utilizing our suite of investing, trading, banking and analytical products, they remain ideally positioned to capitalize on short-term market opportunities and long-term secular growth trends."
Mr. Spadaro went on to say: "In our opinion, there are 100 plus competitors in our marketplace today. This establishes our concept as a growing trend, rather than an anomaly. You cannot have this many people spending a finite amount of dollars trying to go after a static customer base due to the fact that one needs enormous capitalization to play engage in this business. The resulting attrition of the less innovative products will open up a growing client base for the companies with a leading edge product offering. We believe that most of the copycat companies are going to go by the wayside and there will only be about four or five that will really be standing tall by the end of the decade."
Mr. Spadaro further stated: "What used to be a conventional battlefield has now really become guerrilla warfare with regard to the way the exchanges work and the ways the markets move. Trading system innovation and information access is the key."
Charles Schwab & Co. tops the list of online brokerage firms by reporting nearly 117,800 trades per day or 23 percent of the market. E*TRADE was number two with 76,333 trades per day or approximately 14.9 percent of the market. Management calculates that these trading figures equate to net income announcements of 251 million dollars and 156 million dollars, in the first and second quarter of 2006, respectively. These figures being proportional, one would expect that if the iFinix product suite were to attain a one tenth of one percent market share within its client base, the expected revenue generated by the iFinix product would be between four and five million dollars per year. No assurances can be given that iFinix would achieve this market shares or revenues.
About iFinix:
iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Phoenix provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and eifinix
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MobilePro Signs Definitive Contract to Provide High-Speed Wireless Network to Longmont, Colo. PR Newswire - August 18, 2006 9:03 AM (EDT)
BETHESDA, Md., Aug 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- MobilePro Corp. (OTC Bulletin Board: MOBL) announced today that it has signed a definitive contract with the City of Longmont, Colo. to design, deploy and operate a mesh wireless network in the community. The Longmont area has one of the highest concentrations of software-related jobs in the nation.
Jerry Sullivan, president of MobilePro and CEO of MobilePro's wireless division, said, "We plan to provide a mesh wireless broadband system that will provide the city and its residents an affordable broadband alternative. The system will be used for critical government services as well as for residential and commercial broadband access. We will begin our initial implementation efforts during the fourth quarter of 2006."
The wireless network planned for Longmont will be a citywide build-out. The network will provide state-of-the-art technology to the City of Longmont, its residents, businesses and its many visitors.
Subscribers will be able to access the wireless network from anywhere, at any time, within the coverage area. All Wi-Fi-enabled devices will have free access to the network landing page, which will contain information about the service, instructions on how to connect and the city's website, http://www.ci.longmont.co.us . Additional information is available at http://www.wazmetro.com .
The Longmont contract will be among items discussed at MobilePro's annual shareholder meeting today, Friday, August 18, at 10 a.m. Eastern. To hear a live audio webcast of the meeting, visit http://viavid.net/dce.aspx?sid=00003457 . Registration will be required. To download the accompanying PowerPoint presentation, which will be available at 10 a.m., visit http://www.hawkassociates.com/mobilepro/company.php .
About Longmont
Longmont, located about 10 miles northeast of Boulder, is 22-square-miles in an area with more than 71,000 residents. Located within Boulder County, it is a city with more than 300 days of sunshine annually, and a spectacular view of the Rocky Mountains. Longmont sits at an elevation of 4,979 feet above sea level. With over 1,500 acres of parks and open space, it is perfect for outdoor enthusiasts. Longmont is also home to several high-tech companies and a vibrant restaurant scene.
About MobilePro Corp.
MobilePro Corp., based in Bethesda, Md., is one of North America's leading wireless broadband companies. The company serves more than 260,000 total customer lines throughout the United States, primarily through its CloseCall America, AFN and Kite Network subsidiaries. For more information regarding MobilePro, contact Alan Crancer, vice president of marketing, at (601) 898- 1142, or visit http://www.mobileprocorp.com .
For investor relations information regarding MobilePro, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com . An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com .
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the company's Form 10-KSB for the fiscal year ended March 31, 2006 and its Form 10-Q for the fiscal first quarter ended June 30, 2006 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
SOURCE MobilePro Corp.
Frank Hawkins or Julie Marshall, Hawk Associates, +1-305-451-1888, or info*hawkassociates.com
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CVCP (.50) Retains Auditors Jaspers & Hall, PC to Complete US GAAP Audit of Financial Statements Aug 18, 2006 9:00:00 AM
LOS ANGELES, CA and HANOI, VIETNAM -- (MARKET WIRE) -- 08/18/06 -- Cavico Corporation (PINKSHEETS: CVCP), a Vietnamese company working in the fields of infrastructure development, including the construction of hydropower facilities, dams, bridges, roads, mines and urban buildings throughout Viet Nam and the Pacific Rim, announced today that it has retained the firm of Jaspers & Hall, PC of Denver, Colorado, an auditing firm registered with the Public Company Accounting Oversight Board (PCAOB) to perform audits for fully-reporting publicly traded companies to complete the company's US GAAP audits.
"We have stated all along that completion of our US GAAP audits is an important step towards listing on a senior exchange," stated Timothy Pham, Executive Vice President of Cavico Corp. "Investor confidence and transparency in the public markets are of the utmost importance. Cavico has been preparing the audit on the Vietnamese side for several months and we anticipate a smooth and orderly transition to the US standards."
Cavico (www.cavicocorp.com), founded in 2000, is a major infrastructure construction, infrastructure investment, and natural resources conglomerate headquartered in Hanoi, Vietnam. The company is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, and urban community developments. One of the company's primary competitive advantages is its ability to nurture a project "from concept through completion" with a vertical portfolio of interrelated investment, permitting, design, construction management, and facility maintenance services. Cavico's project partners often include top multi-national corporations as well as government organizations. The company currently employs more than 3,000 people.
Vietnam's transition to a market economy has generated rapid economic growth. The country's impending ascension to the World Trade Organization is likely to provide an additional boost to economic growth and a further acceleration in the country's current infrastructure construction boom. The aggressive development of Vietnam's energy, transportation, and urban infrastructure is absolutely essential to the country's ability to compete internationally, and this aggressive build-out is creating huge growth opportunities for infrastructure construction companies such as Cavico.
"Safe-Harbor" Statement
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 Cavico Corporation to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Cavico Corporation 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, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.
Contacts:
Cavico Corporation Investor Relations:
Cinapsys, Inc. Mark Moline Phone: 760-458-4899 Email: Email Contact
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BPWW (.05) Delivers Initial Shipment to Trump's Taj Mahal Renovation Project in Atlantic City Aug 18, 2006 8:00:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 08/18/06 -- Big Apple Worldwide, Inc. (PINKSHEETS: BPWW) announced today that its wholly owned subsidiary, Big Apple Wallcovering, Inc., has delivered an initial shipment of their exclusive, copper cork wallcovering. This is part of the first phase of a custom wallcovering contract for Donald Trump's Taj Mahal Hotel in Atlantic City, New Jersey, which is currently renovating the retail corridor of the world famous resort. Plans have been announced to build an 800 room addition to the hotel. The 51-story Taj Mahal hotel features 1,250 rooms, all with ocean or Atlantic City views, including 237 luxurious suites making it one of the largest casino-complexes in the world.
Big Apple Wallcovering, Inc. has also been specified to supply wallcovering products for the Trump Suites. "We are pleased to be a supplier to the Trump Organization. We are extremely proud to be providing wallcovering for such a prestigious and exquisite hotel as the Trump Taj Mahal. With their great name and location, I believe that the Taj Mahal in Atlantic City will serve as a showcase for our custom products," stated Neal Jablon, President of Big Apple Wall Covering, Inc.
Big Apple Worldwide, Inc. recently announced that their wholly owned subsidiary, Big Apple Wallcovering, Inc., has received a purchase order for furnish custom wallcoverings for Bloomingdale's stores. Bloomingdale's currently has 36 stores throughout the United States.
About Trump Taj Mahal Hotel:
The Trump Taj Mahal Casino Resort opened April 12, 1990. It is one of the largest casinos in the world, with slot machines, gaming tables, poker tables and a state-of-the-art simulcast facility. It has $14 million worth of German crystal chandeliers. The Taj Mahal has 4 1/2 times more steel than the Eiffel Tower. An entire two-year output of Northern Italy's Carrere marble quarries (the marble choice for all of Michelangelo's art) adorns the hotel's lobby, guest rooms, casino, hallways and public areas. It has nine restaurants that can accommodate 3,000 diners at any given time. The Taj Mahal has a 140,000 square foot convention center and exhibit space, including 22 meeting rooms and three ballrooms.
About Big Apple Worldwide, Inc.:
Big Apple Worldwide, Inc. (www.bigappleworldwide.com) is a holding company focused on serving the hospitality and leisure market. Big Apple Wallcovering, Inc. (www.bigapplewallcovering.com) is a wholly owned subsidiary of Big Apple Worldwide and has inspired the Architecture and Design community with cutting-edge design and the manufacturing of architectural wallcovering and fabrics for hospitality, private offices and commercial interiors. Big Apple Worldwide, Inc. also recently purchased Elabrient Surfaces, LLC, which is a commercial interior design development and manufacturing company specializing in commercial wallcovering. Big Apple Travel, Inc., (www.bigappletravel.com) a wholly owned subsidiary of Big Apple Worldwide, Inc., is a full service travel agency and features a next generation travel salon in Orlando, Florida.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
(BSNS WIRE) US Shareholder Visits A Small Scale Mining Operation In Masbate, aracale & Cagayan De Oro Gold Mine Sites - To See the US Shareholder Visits A Small Scale Mining Operation In Masbate, Paracale & Caga an De Oro Gold Mine Sites - To See the Gold Production, Pearl Asian Mining Repor s
Business Editors / Mining Editors
MANILA, Philippines--(BUSINESS WIRE)--Aug. 18, 2006-- Pearl Asian Mining Industries, Inc. (OTC:PAIM) reports: Richard C. Miller, a USA Shareholder, visited a Small Scale Mining Operation in Masbate, where XYZ mining site of Pearl Asian Mining is located. Mr. Miller spent at least 2 weeks in the Philippines visiting Masbate, Cagayan De Oro and Paracale gold mine sites. Mr. Miller personally handed out humanitarian goods mostly to the poor children of the host communities, while he was guided by Engr. Gary Gotanco, VP/IR Officer of Pearl Asian Mining. Furthermore, the gold processing equipment from China was released from Customs on August 18th. Said equipment is in the process of being delivered by HW Express (Customs broker) to Power Express (freight forwarder), for estimated departure Manila Sunday (Aug 20) morning, arriving Cagayan De Oro, Monday (Aug 21) evening, for delivery the next day. "According to Engr. Elvis Hidalgo, Chief Metallurgist, the delivery point is Cauyunan (where there is a helipad), from where the cargo will be transported by helicopter to Binasan Gold mine site. Engr. Hidalgo has obtained quotation for commercial helicopter and military helicopter to ferry the 2.5 metric ton cargo as soon as the equipment arrives next week," reports Engr. Gotanco.
FORWARD STATEMENTS
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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5W Public Relations Named Agency of Record for Mega Media Group 8/18/2006
Russian and Mainstream Entertainment Group Taps 5W Public Relations for Strategic Media and Investor Relations Program
NEW YORK, Aug 18, 2006 /PRNewswire via COMTEX News Network/ -- 5W Public Relations, the nation's fastest growing PR firm for the past two years, announced today the signing of Mega Media Group (www.megamediagroup.com), a Russian and mainstream entertainment media company for public and investor relations.
In addition Mega Media Group, Inc. and EduLink, Inc. (PK: MYIQ) also announced that on August 11th a definitive share exchange agreement was reached in which EduLink, Inc. acquired all the outstanding shares of common stock of Mega Media Group, Inc. in exchange for the issuance to the shareholders of Mega Media Group, Inc. upon the increase in the authorized shares of common stock OF Edulink, Inc., of a total number of shares of EduLink common stock which equates to 90% of EduLink's issued and outstanding shares of common stock upon completion of the transaction.
Upon the issuance of the Edulink shares set forth above, Mega Media Group, Inc. will become a wholly-owned subsidiary of EduLink.
Mega Media Group's holdings offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production, radio broadcasting, and Russian ethnic programming, including Radio VSE, the most listened to Russian radio station outside of Russia and New York's 88.7 FM. With the explosion of the Russian American marketplace over the last decade, Mega Media Group's expertise in that space has made them the leader in helping corporate America reach this market.
"We are excited to be working with Mega Media Group to both implement a comprehensive financial communications strategy as well as an aggressive media strategy designed to both elevate the company corporate profile," said Ronn Torossian, President & CEO, 5W Public Relations. "Our tremendous experience in both the entertainment and niche marketing community makes this an ideal account for the firm."
Commenting on the announcement, Alex Shvarts, Chief Executive Officer of Mega Media Group, Inc., "5W's aggressive media and investor relations strategies will be of tremendous value as we look to grow our company and its subsidiaries. We are confident that they have the know how to get our company in front of decision makers in both the marketing and investment community.
ABOUT 5W PUBLIC RELATIONS
Headquartered in New York, with an office in Los Angeles, 5W Public Relations (www.5wpr.com), the nation's fastest growing independent PR firm for 2005 & 2004, maintains practice areas specializing in technology, corporate, consumer, entertainment, crisis communications, Investor Relations, event management and public affairs. Described by a leading PR trade magazine as "aggressive in a way that clearly resonates with clients looking for a firm staffed with type A-plus personalities, a BS-free approach, and results from Day One," 5W's culture is aggressive, energetic, fast-paced and focused. The Company boasts a diversified client roster second to none, including: Fortune 500 mainstay EDS, Evian Natural Spring Water, NICE Systems, VeriSign, McDonald's Corporation, Restaurant Associates/Patina, the nation's largest multi-concept restaurant group, The HealthCentral Network, 530 store retail chain United Retail Group/Avenue Stores, Seagram's Coolers, Benny Hinn Ministries, The Pritikin Longevity Center & Spa, Lassie, the world's most famous dog, celebrities including NBA Star Jalen Rose, Lil' Kim, Ice Cube, Nick Cannon and producer Scott Storch, a plethora of publicly traded technology companies, and a variety of other global interests, national corporations, high-profile individuals, regional businesses, government agencies and academic institutions. The agency was named "Boutique Agency of The Year" by a leading PR Trade Magazine.
Contact:
Neil Steinberg - PR 5W Public Relations 212.999.5585 x 209 nsteinberg*5wpr.com
Mark Cohen - IR 5W Public Relations 212.999.5585 x 244 mcohen*5wpr.com
SOURCE 5W Public Relations Neil Steinberg - PR 5W Public Relations, +1-212-999-5585 ext. 209, nsteinberg*5wpr.com, or Mark Cohen - IR 5W Public Relations, +1-212-999-5585 ext. 244, mcohen*5wpr.com http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
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SIGN-A-RAMA World Expo 2006: A Huge Success for IMAGEXPRES
2006-08-18 10:53 ET - News Release
ROCHESTER, NY -- (MARKET WIRE) -- 08/18/06
ImageXpres Corporation (PINKSHEETS: IMJX), a digital imaging and printing solutions provider, reports that its presence at last week's SIGN-A-RAMA World Expo 2006 Conference, in San Antonio, Texas was a major marketing and sales success, with strong, positive reception of ImageXpres' SIGN*BLINDS window coverings, from hundreds of SIGN-A-RAMA, Billboard Connection, and EmbroidMe franchises from across the U.S. and international locations.
John Zankowski, President and CEO of ImageXpres, commented, "Our decision to attend SIGN-A-RAMA's World Expo 2006 was an excellent one, affording our sales people the opportunity to interact with hundreds of enthusiastic, knowledgeable SIGN-A-RAMA personnel who deal with commercial customers daily. The SIGN-A-RAMA folks strongly endorsed our unique SIGN*BLINDS window coverings, and we took orders on the floor from some store owners, along with their feedback to provide an aggressive marketing, sales promotion program for all 700 plus store locations. We are putting their ideas into action right now, and fully expect that significant increased sales will result. Some aspects of the marketing campaign will become evident and visible on ImageXpres' website in the coming weeks. Overall, the show was an outstanding event, and we look forward to a larger presence at next year's meeting."
ImageXpres develops, manufactures and markets digital imaging systems, along with an expanding portfolio of image décor products that incorporate full-color, digitally-printed images, on a variety of material substrates. The company is focused on sales of digital systems, including its iPrint Digital Kiosks, and LitePix Digital Displays, that provide unique benefits for consumers and business owners. ImageXpres exhibited both SIGN*BLINDS and its digital systems products at the show. All were well received by SIGN-A-RAMA franchisees, who saw immediate sales potential for the window signage products, and large future potential for the digital signage systems.
"A key result of our attendance at SIGN-A-RAMA World Expo was the unanimous endorsement of ImageXpres' products and systems solutions," said Mr. Zankowski. "We stood up well to the comparative vendors present at the show, who represented a cross-section of cutting-edge printers and systems that support the commercial sign industry. ImageXpres is building a brand name and striving to provide unique, high-value products for the trade. We look forward to strengthening our relationship with SIGN-A-RAMA, as well as other customers in targeted market segments, in the coming months."
About ImageXpres Corporation
ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, and healthcare (diagnostic imaging) market segments. The Company is establishing a network of digital imaging/print centers across the U.S., including self-service multimedia kiosks. The Company's website is www.imagexpres.com.
About SIGN-A-RAMA
SIGN-A-RAMA is a privately owned company, headquartered in West Palm Beach, FL, and is the world's largest sign franchise, with close to 800 retail outlets in over 45 countries. They are the world leader in the full-service, computer-generated sign industry. SIGN-A-RAMA's website is www.signarama.com.
Statements in this press release about the company's future expectations, including the rate of growth of the Company's revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are "forward-looking statements" within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's reports and financial statements.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
John S. Zankowski President, CEO (585)-325-5078
Jason Jadidian Vigilant Trader, Inc. phone: (718)-575-2037 e-mail: imjx*vigilanttrader.com
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RENO, NV, Aug 18, 2006 (MARKET WIRE via COMTEX News Network) -- EPOD International Inc. (the "Company", "EPOD") (OTCBB: EPOI) (FRANKFURT: EDU), a Grid-Integrated, eco-power utility and electric power systems provider, announces the Company has entered into an agreement to sell a five-megawatt solar panel factory.
Management announces that EPOD has entered into an agreement to sell a five (5) megawatt solar panel manufacturing plant to Ditec Automation Group ("Ditec") of Mexico City, Mexico. The deal, valued at USD$13 million, is subject to financing and board of directors' approval.
L. Mark Roseborough President EPOD International Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements about EPOD's future expectations, including future revenue, earnings, and transactions, as well as all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. EPOD intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are detailed from time to time in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's 10-KSB for year ended December 31, 2005 filed on or about April 17, 2006, and incorporated herein by reference.
About EPOD: EPOD is a Grid-Integrated, eco-power utility and electric power systems provider The Company's operations include the engineering and construction of turn-key factories for solar panel production and material handling systems. Additionally, the Company has subsidiaries involved in the manufacturing of inverters, rectifiers, energy management systems, and solar panels.
The Company's filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov.
For more information please contact: Brett Walker Telephone: (250) 807-2211 Fax: (250) 491-4279
SOURCE: EPOD International Inc.
Copyright 2006 Market Wire, All rights reserved.
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InkaVote Plus Logs Successful Debut in Jackson County Primary Election 8/18/2006
CARLSBAD, Calif., Aug 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC. (ILTS) (OTC Bulletin Board: ITSI) reported that voters in Jackson County, Missouri got their first look at the County's new InkaVote Plus voting system during the Missouri state primary election on August 8, 2006. InkaVote Plus is an optical scan voting system developed by Unisyn Voting Solutions that provides Jackson County with full compliance to the Help America Vote Act. It includes a ballot-scanner to check for overvotes and undervotes, and an accessible voting station, which provides audio assistance for special needs voters. It is manufactured and distributed under license by Election Systems & Software, Inc.
When asked how InkaVote Plus performed in the election, Jackson County Election Director, Charlene Davis responded, "I was really impressed. The system performed remarkably well for its first time out."
InkaVote Plus was used in 297 voting precincts in Jackson County during the statewide primary. Polls opened at 6:00 a.m. and closed at 7:00 p.m., with the official results of the primary election were tabulated by 10:45 p.m.
The InkaVote Plus system will next see use in the November 7, 2006 General Election, when in addition to tallying votes in Jackson County, it will also be used in Los Angeles County, the largest voting jurisdiction in the United States.
Unisyn Voting Solutions is a wholly owned subsidiary of International Lottery & Totalizator Systems, Inc., a leading supplier of computerized transaction processing systems to government sanctioned lotteries and racing organizations worldwide. ILTS systems have combined to process more than 500 billion secure transactions with 100% reliability and no loss of data.
Election Systems & Software, Inc. is one of the world's largest and most experienced providers of total election management solutions, with over 74,000 systems installed worldwide.
The statements in this press release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by forward-looking statements. These risks and uncertainties include the absence of significant contract backlog, the dependence on business from foreign customers sometimes in politically unstable regions, political and governmental decisions as to the establishment of lotteries and other wagering industries in which the Registrant's products are marketed, fluctuations in quarter-by-quarter operating results and other factors described in the Registrant's Annual Report on Form 10-K for the year ended April 30, 2006.
SOURCE International Lottery & Totalizator Systems, Inc.
Jim Snow of International Lottery & Totalizator Systems, Inc., +1-760-931-4027 http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
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Powder River Basin Gas Corp. CEO Brian Fox to Appear Live on ''Corporate Strategies with Tim Connolly'' Sunday, August 20, 2006 8/18/2006
HOUSTON, Aug 18, 2006 (BUSINESS WIRE) -- Powder River Basin Gas Corp. (OTCBB:PRVB) CEO Brian Fox will appear live on "Corporate Strategies with Tim Connolly," Sunday, August 20, 2006. Mr. Fox will discuss the technology and business strategy that PRVB has employed to ensure their successful drilling/exploration paths, evidenced by tremendous earnings growth. Emerge Capital Corp. (OTCBB:EMGC) is the lead sponsor of The Corporate Strategies Business Talk Radio Show which may be heard on KSEV AM 700 in Houston, Texas, WGCH AM 1490 in Greenwich, Connecticut, WSBR AM 740 in Boca Raton, Florida, KBNP AM 1410 in Portland, Oregon, and on over 400 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. Listeners may call in live and toll free at 1-866-606-TALK (8255) to speak with Brian or Tim. Previous guests of the show have included US Senator John McCain, ChangeWave Research's Bryan Perry, Enterprise Products CEO Dan Duncan, Landry's CEO Tilman Fertitta, Ben & Jerry's Ice Cream Cofounder Ben Cohen, Mario Gabelli, former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.
About Emerge Capital Corp and Corporate Strategies, Inc. - Emerge Capital Corp. (OTCBB:EMGC) provides business growth, organizational restructuring, and turnaround execution services for emerging and re-emerging public companies through our wholly owned subsidiary, Corporate Strategies, Inc. (www.corporate-strategies.net). Emerge Capital is unique because we accept payment for our services in the common stock of the companies we serve, aligning our interests with those of the client's shareholders and preserving their corporate cash reserves for working capital and growth. As Emerge Capital succeeds, the shareholders of our valued clients succeed. Emerge Capital believes our approach provides Emerge shareholders with an opportunity to realize greater gains than merely receiving cash payments for our services. We consider Emerge Capital to be the ultimate business resource for emerging and re-emerging public companies.
About Powder River Basin Gas Corp. - Powder River Basin Gas Corp. is a revenue generating producer, acquirer and marketer of crude oil and natural gas properties. Powder River Basin Gas Corp. has just completed filing its second quarter earnings and has announced revenues of over USD $12 million for the first six months of 2006.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this press release. While Emerge Capital Corp/Corporate Strategies, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Emerge Capital Corp/Corporate Strategies, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Emerge Capital Corp/Corporate Strategies, Inc.'s filings with the Securities and Exchange Commission.
SOURCE: Emerge Capital Corp/Corporate Strategies, Inc.
Emerge Capital Corp/Corporate Strategies, Inc. Darla Blaha, 713-621-2737 news*corporate-strategies.net or Powder River Basin Gas Corp. Brian Fox, 918-289-5800 info*powderrivergascorp.com
Copyright Business Wire 2006
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PWEB (.055)Reports Revenue Growth for 2006 2nd Quarter Business Editors / Technology Writers
SALT LAKE CITY--(BUSINESS WIRE)--Aug. 18, 2006-- Pacific WebWorks Inc. (OTCBB:PWEB) today reported revenues of $1,579,057 for the quarter ended June 30, 2006. This represents a 60% increase over revenues reported for the same quarter in 2005. Revenues for the six months ended June 30, 2006 amounted to $3,113,956, a 68% increase over the same period in 2005.
Revenues increased in every revenue category with the most notable growth coming in the areas of software access and license fees and training and education.
CEO Ken Bell stated, "Second quarter 2006 results, as well as our results for the six months ended June 30, 2006, continue a pattern of increased revenues when compared to the same period for the previous year. It also represents continued growth throughout our revenue categories. Losses persist but at a considerably reduced level for the second quarter of 2006 when compared to the same period for 2005."
Bell continued, "While revenue growth continues and losses have decreased in an effort to increase cash generated from operations we are actively pursuing new and more effective methods to market our products. We are pleased with our progress on that front and look forward to positive developments in this area over the balance of this year."
About Pacific WebWorks, Intellipay and TradeWorks Marketing
Pacific WebWorks provides a comprehensive suite of affordable, easy-to-use software programs for small businesses that want to create, manage, and maintain an effective Web strategy including full e-commerce capabilities.
Pacific WebWorks wholly owned subsidiary IntelliPay develops and provides trusted electronic transaction processing and payment products and services.
Pacific WebWorks wholly owned subsidiary TradeWorks Marketing is a sales and marketing organization created to market Pacific WebWorks and IntelliPay products.
Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.
KEYWORD: NORTH AMERICA UTAH UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY INTERNET SOFTWARE EARNINGS SOURCE: Pacific WebWorks Inc.
CONTACT INFORMATION: Pacific WebWorks Inc., Salt Lake City Ken Bell, 801-578-9020
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Pacific WebWorks Reports Revenue Growth for 2006 2nd Quarter 8/18/2006
SALT LAKE CITY, Aug 18, 2006 (BUSINESS WIRE) -- Pacific WebWorks Inc. (OTCBB:PWEB) today reported revenues of $1,579,057 for the quarter ended June 30, 2006. This represents a 60% increase over revenues reported for the same quarter in 2005. Revenues for the six months ended June 30, 2006 amounted to $3,113,956, a 68% increase over the same period in 2005.
Revenues increased in every revenue category with the most notable growth coming in the areas of software access and license fees and training and education.
CEO Ken Bell stated, "Second quarter 2006 results, as well as our results for the six months ended June 30, 2006, continue a pattern of increased revenues when compared to the same period for the previous year. It also represents continued growth throughout our revenue categories. Losses persist but at a considerably reduced level for the second quarter of 2006 when compared to the same period for 2005."
Bell continued, "While revenue growth continues and losses have decreased in an effort to increase cash generated from operations we are actively pursuing new and more effective methods to market our products. We are pleased with our progress on that front and look forward to positive developments in this area over the balance of this year."
About Pacific WebWorks, Intellipay and TradeWorks Marketing
Pacific WebWorks provides a comprehensive suite of affordable, easy-to-use software programs for small businesses that want to create, manage, and maintain an effective Web strategy including full e-commerce capabilities.
Pacific WebWorks wholly owned subsidiary IntelliPay develops and provides trusted electronic transaction processing and payment products and services.
Pacific WebWorks wholly owned subsidiary TradeWorks Marketing is a sales and marketing organization created to market Pacific WebWorks and IntelliPay products.
Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.
SOURCE: Pacific WebWorks Inc.
Pacific WebWorks Inc., Salt Lake City Ken Bell, 801-578-9020
Copyright Business Wire 2006
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EMNC (.85)Announces Joint Venture Agreement with Talal Zainy Company; Agreement Expected to Fuel E-monee's Expa Business Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 18, 2006-- E-monee.com, Inc. (E-monee) (Pink Sheets:EMNC) is pleased to announce that it has entered into a Joint Venture Agreement with Talal Zainy Company to market its Global Electronic Treasury System (GETS). The newly formed Joint Venture will be a Saudi Arabian Corporation and will be named "E-monee Saudi Arabia". The Joint Venture's principal place of business will be in the Abbar and Zainy Tower, Jeddah, Saudi Arabia. As part of the terms of the Joint Venture, Talal Zainy will become a significant shareholder of E-monee and will sit on the Board of Directors.
E-monee has targeted Saudi Arabia as one of its initial niche markets. "In depth market research convinced us that E-monee will play a major role as a provider of Global Electronic Treasury Services to emerging multi-national companies in Saudi Arabia. We look forward to the opportunities presented by this Joint Venture," said Estuardo Benavides, E-monee's CEO.
The Joint Venture has already begun its marketing campaign and expects to announce additional relationships before the end of the month.
E-Monee.com, Inc. is a Florida based company with its core product being a hybrid which integrates technology and telecommunications with banking. The result is a Global Electronic Treasury System (GETS) which facilitates the collections, movement, disbursement and deposit of funds for individuals and companies located worldwide. As a newcomer to a dynamic electronic payments arena, E-monee.com is embarking into the brightest stage of development, penetrating untapped niche markets which are in need of replacing cash, checks and antiquated systems. To do so E-monee.com offers a combination of technology and banking joined with a global telecommunications network to deliver a business model that allows E-monee.com to meet the demands of our niche markets.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to: factors detailed in E-monee.com, Inc.'s (formerly Coffaro Family Products, Inc.) Securities and Exchange Commission filings; failure of registration statements to be declared effective; the loss of contracts or failure to acquire new contracts; success of any legal actions; failure to successfully implement newly developed product lines including projected increases in revenues or earnings; the inability to initiate or complete any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by E-monee.com, Inc. or any of its subsidiaries; failure to obtain or maintain regulatory approval for products and services offered by E-monee.com, Inc. or its subsidiaries; failure to complete the development and commercialization of alternative energy products or services; adverse equity market conditions and declines in the value of E-monee.com, Inc. common stock; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and E-monee.com, Inc. disclaims any intent or obligation to update these forward-looking statements.
KEYWORD: NORTH AMERICA AFRICA/MIDDLE EAST FLORIDA UNITED STATES SAUDI ARABIA INDUSTRY KEYWORD: TECHNOLOGY NETWORKS TELECOMMUNICATIONS PROFESSIONAL SERVICES BANKING CONTRACT/AGREEMENT SOURCE: E-monee.com, Inc.
CONTACT INFORMATION: E-monee.com, Inc., Fort Lauderdale Estuardo Benavides, 954-229-3011
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