posted
HBSC (.20) Forms Subsidiary For Ethanol Business - HBS BioEnergy Business Editors
PALO ALTO, Calif.--(BUSINESS WIRE)--Aug. 22, 2006-- Human BioSystems ("HBS") (OTCBB:HBSC) announced today the formation of HBS BioEnergy ("HBE"), a wholly owned subsidiary of Human BioSystems.
HBS BioEnergy will operate as a separate company and subsidiary of HBS for the purpose of developing the bio energy business including the two ethanol fuel production facility projects to be acquired from EXL III Group Corporation ("EXL III") pursuant to the Letter of Intent ("LOI") mentioned in the press release dated July 27, 2006.
The formation of this subsidiary is the first step toward establishing the organizational structure to consummate the acquisition and to carry out HBS's plan to build the facilities that will produce renewable fuel sources for the U.S. market.
The commencement of any meaningful operation of HBE is dependent upon the signing of definitive agreements between HBS, EXL III and its principal Mr. Claude Luster III pursuant to the Letter of Intent signed in July, 2006. The acquisition is expected to close in the fall of 2006, after certain conditions are met, including but not limited to completion of satisfactory due diligence by HBS, the negotiation and completion of a definitive acquisition agreement and Consulting Services Agreement, approval of the HBS and EXL III boards of directors and other customary conditions.
Human BioSystems is a developer of preservation platforms for organs and other biomaterials. The Company, headquartered in Palo Alto, California with research facilities in Michigan, has been granted four patents by the U.S. Patent Office. HBS also announced recently the signing of a letter of intent to enter the BioFuels business through the acquisition of two ethanol production facility projects from EXL III, an equity partner in ethanol plant ventures.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, failure to complete a final definitive agreement, failure to obtain regulatory approvals for the construction of ethanol plants, failure to obtain the required financing and to construct the ethanol plants, failure of the ethanol plants to meet standards, the inability to find raw material for the production of ethanol or to sell the ethanol at on acceptable terms, the risks involved in pursuing a business unrelated to HBS' prior business, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY HEALTH BIOTECHNOLOGY SOURCE: Human BioSystems
CONTACT INFORMATION: Human BioSystems, Palo Alto Harry Masuda, 650-323-0943 or Investor Relations Yes International, 800-631-8127 or Investor Relations/Public Relations Concept Communications Group LLC, 727-447-0514
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
DENVER, CO -- (MARKET WIRE) -- 08/22/06 -- At the close of business Monday, DC Brands International, Inc. (PINKSHEETS: DCBI) announced they have entered into a new distribution relationship with a Tennessee based distributor. This Southern distributor provides Dickens Energy Cider the reach and coverage to fill in gaps of distribution in those markets. The target market for this distributor is the independent privately owned off premise convenience store. DC Brands VP of Sales, Richard Muscarella stated, "This new relationship is particularly exciting to us due to fact that the Southern market has phenomenal growth potential for our company. It appears that although the top 3 competitors in our product category have coverage in that market, that market has not clearly defined brand loyalties. Also, until recently this distributor was the leading distributor for one of those competitors. The month of August has been an excellent prospecting month for us. I have many pokers in the fire with several other distributors nearing favorable decision to carry our brand. When I analyze our growth map and target areas this new distributor provides a central point for existing surrounding distributors located in Kansas, Pennsylvania/Ohio."
For more information on the company, visit their web site at DickensEnergyCider.com Primary Contact: Keith Howard 303-279-3800
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.
Primary Contact: Keith Howard 303-279-3800
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
NanoSensors Enters Into License Agreement With Michigan State University SANTA CLARA, Calif., Aug. 22 /PRNewswire-FirstCall/ -- NanoSensors, Inc. (OTC Bulletin Board: NNSR.OB), a nanotechnology development company that develops instruments and sensors to detect explosives, chemical and biological agents announced today that it has entered into a technology license agreement with Michigan State University for exclusive patent-pending rights to nanoporous silicon-based electrochemical DNA biosensors.
The license provides the Company with the exclusive worldwide right to use for commercial purposes the licensed patent rights and related technology for the field of use in detecting certain selected bacteria. The license also provides the Company with the right to expand the licensed rights to utilize the nanoporous silicon sensor platform for additional fields of use. The technology license has a term of 15 years, or the duration of the patent rights licensed, whichever is longer.
'With this licensing agreement in place, the Company will begin an aggressive design effort to complete a specific prototype of our first biosensor. We are planning to have an initial prototype developed by the calendar year-end and expect to commence independent third party testing of the prototype units in the first quarter of 2007. The Company believes in the value of using porous silicon as a sensor substrate to vastly improve the sensitivity for the detection of targeted agents and now with the MSU license, the Company will be able to build its first sensors using this platform,' stated Dr. Ted Wong, CEO of the Company
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
EXPH (.30) Receives Large Order From No. 2 Home Improvement Retailer, Lowe's Companies, Inc. >NORTH WILKESBORO, N.C., Aug. 22, 2006 (PRIMEZONE) -- Expo Holdings, Inc., (Other OTC:EXPH), through its wholly owned subsidiary D&D Displays, Inc., received a large order from Lowe's Companies, Inc. The order totaled over $185,000.
According to J.D. Brown, Chairman and CEO of Expo Holdings, Inc., "We are very pleased that our relationship with this retailer continues to grow." He further stated, "This order should ship within the next 30 to 90 days in its entirety."
Expo Holdings, Inc., through its wholly owned subsidiary D&D Displays, Inc., designs, manufacturers and distributes retail store displays.
Certain information contained in these materials is "forward-looking" information, such as estimates, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties. Consequently, actual results may, and probably will differ.
CONTACT: Expo Holdings, Inc., North Wilkesboro, N.C.
J.D. Brown, Chairman and CEO
336-667-8765
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
ERUG (.17) Announces the Purchase of the First of Four United Urgent Care Units
MIAMI, FL -- (MARKET WIRE) -- 08/22/06 -- ER Urgent Care Centers (PINKSHEETS: ERUG) is proud to announce that the final closing has taken place on the first unit of United Urgent Care centers, located in Fort Myers, Fl. The center is located between the highly overcrowded Lee Memorial Hospital and Southwest Regional Hospital. This particular center will become part of the ER Urgent Care Center group on September 1st. "We are very proud to continue our growth and doing it in such a powerful market such as the west coast of Florida makes it even more exciting," said Jerry Miller company Founder and Director. The current patient count averages 28 per day. With ER Urgent Care's numerous marketing campaigns that number will increase significantly. We are happy to say that many of our shareholders have stopped by to say hello and we urge all of you to feel free to stop by for a tour.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Beech Street, Dimension Health, Assist Card, Cigna, Corvel, Health Insurance Plans and many more.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
For franchising and corporate information please contact us toll free at 1-877-303-3500
Contact Information ER Urgent Care Centers 1-877-303-3500
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
BioCurex Returns to the OTCBB RICHMOND, British Columbia, Aug. 22, 2006 (PRIMEZONE) -- BioCurex Inc. (OTCBB:BOCX) announced today that following the filing of a Form 2C11, the National Association of Securities Dealers (NASD) has authorized the brokerage firm Lampost Capital L.C. (Boca Raton, FL) to quote BOCX shares on the OTC:BB (Over the Counter Bulletin Board) effective immediately.
Dr. Moro stated: "We are thrilled by this achievement. It is the result of a very lengthy due diligence process that included direct conversations between the NASD and current and prospective future licensees. In a previous update we stated, 'We shall continue this process as many times as it takes, as there is more involved here than just a "better exchange" for trading our shares. There is the vindication aspect that we feel our company, our management team and our shareholders justly deserve.' We have achieved our goal in this arena, as we have done and continue to do in the technical, licensing and finance areas. All this has been accomplished while keeping costs and share dilution at a minimum. We feel vindicated and we thank Lampost for their trust, their efforts and their belief in our potential as a company throughout the time it took to get this listing approved."
Dr. Moro stated, "This is not the last step in our interest to maximize our exposure to the advanced markets. We will continue to seek global coverage of the company since our technology is applicable to all world markets."
BioCurex Management wishes to congratulate and thank the company's shareholders for their support throughout this process
The company also wishes to advise its shareholders of information regarding its approach to the establishment of its patents. To date, the Company has received patents in the U.S.A., Russia, China and Australia. The company submitted a single patent application to the European Patent Office with over 40 claims rather than separate its diagnostic, imaging and therapeutic claims. Recently, the approach has not succeeded with the European Patent Office wherein approval for the single patent application has been denied, although we have not yet received an official response with the details from the EPO. It is the opinion of the attorneys in Europe that gaining approval in a subsequent action is probable once we separate the original claims under different applications in a process called "separation in part."
In addition, the Company is preparing and will file one or more new patents covering inventions developed in the past few moths. These inventions mainly relate to the RECAF blood tests and could extend our patent protection for another 17-20 years. These patents will not only be filed in Europe but also in the U.S.A. and other countries.
Finally, it is important to realize that the RECAF technology is very complex. Development of the technology is very tricky such that the proprietary "know how" in working with the RECAF family of molecules is critical and beyond the basic patent information. The company always includes this "know-how" in its licensing packages, and therefore can obtain significant royalties even in countries where there is no patent protection.
About BioCurex:
BioCurex, Inc. is a biotechnology company that is developing products based on patented/proprietary technology in the areas of cancer diagnosis, imaging and therapy. The technology identifies a cancer marker known as RECAF(tm), which is found on malignant cells from a variety of cancer types but is absent in most normal or benign cells.
BioCurex has signed a licensing agreement with Abbott Laboratories for BioCurex's RECAF(tm) Cancer technology as outlined in a joint press release dated March 29, 2005. The release noted that the cancer marker RECAF(tm) has emerged as a potential biomarker that may be useful in the development of new cancer diagnostics tests. Preliminary studies from the investigators at BioCurex have reported a high level of clinical sensitivity and specificity for RECAF in many of the most common cancers, including prostate, breast, colorectal, lung and others.
To read more about the Company, please visit the News section in our web site (www.biocurex.com).
Note:
The Company has not authorized the release of this information in any form that contravenes the Communication Act and will not be responsible for unsolicited massive distribution of this material by e-mail or facsimile by unauthorized parties. Statements in this press release, which are not historical facts, are "forward-looking statements" within the meaning given to that term in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
CONTACT: BioCurex, Inc. Ricardo Moro (604) 207 9150
Source: PrimeZone (August 22, 2006 - 9:06 PM EDT)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
Homeland Security Capital Corporation Acquires SecurityInc and Affiliate Companies Wednesday August 23, 8:25 am ET Total Deal Expected to Generate Revenue More Than $7M in 2007
ARLINGTON, Va., Aug. 23 /PRNewswire-FirstCall/ -- Homeland Security Capital Corp. (OTC Bulletin Board: HMSC - News), a company engaged in the acquisition, development and consolidation of homeland security-related businesses, announced today that it has acquired Milwaukee-based SecurityInc, LLC and two affiliate companies in a merger transaction with Security Holding Corp., a newly formed subsidiary of Homeland Security Capital. Terms of the transaction were not disclosed. ADVERTISEMENT
SecurityInc is a single-source manufacturer of electronic access control solutions using active radio frequency identification (RFID) technology. These systems are designed for use by the commercial and government sectors. The company markets its products through an established network of system integrators and authorized distributors.
As part of the transaction, Homeland Security Capital will also acquire SecurityInc's two affiliate companies Cyberlynk, an IT support company for enterprise applications, and AAID Security Solutions, a Georgia-based leading active RFID solutions supplier. Homeland Security Capital will own a controlling interest in Security Holding Corp.
In total, the acquired companies generated approximately $3 million in revenues in 2005 and are expected to produce more than $7 million in 2007.
Joel Konicek, founder of SecurityInc and CEO of Security Holding Corp., said, "We expect to continue building profitable market share in the fast- growing RFID solutions sector, which we believe will exceed $4.4 billion in sales by 2008. With more than 2,000 installed systems, AAID already has one of the largest installed bases of active RFID product solutions in the United States. This is an outstanding platform from which to build a significant RFID-enabled solutions company in a highly fragmented industry."
This transaction is the second acquisition made by Homeland Security Capital Corp. in 2006. So far this year, Homeland Security Capital acquired Nexus Technologies Group and has signed a letter of intent to acquire Viscom Systems.
C. Thomas McMillen, Homeland Security Capital chairman and CEO, said, "This is an important step in our plan to build a strong portfolio of companies in the homeland security industry. We are particularly pleased to have Joel Konicek as part of our team. As founder of Northern Computers, he brings not only proven operating experience but substantial knowledge of the industry that will be invaluable to us going forward."
Konicek said, "I will work with Tom to build our companies and help create shareholder value. We have numerous opportunities for growth. Being part of Homeland Security Capital provides us with valuable new resources that should enable us to expand and take advantage of consolidation opportunities and participate more effectively in the homeland defense effort."
About SecurityInc
SecurityInc, LLC is a Milwaukee-based company that includes a management and engineering team with more than 100 years of combined experience in the RFID, security and access control industries. The company offers full solutions for access control, asset protection and asset tracking for commercial, institutional and government clients. Many of the professionals on the SecurityInc team are originators of the security industry's leading systems and products. For more information, visit http://www.securityinc.com .
About AAID Security Solutions
AAID is a manufacturer and master distributor of RFID-enabled solutions for residential, commercial and government sectors. The company markets its products through a network of strategic partners including OEMs, distributors, VARs, system integrators and installing dealers. Pete Martin is the founder and president of AAID. The company has been supplying its strategic partners with ultra long-range tags and readers for more than six years and has more than 2,000 worldwide installations. For more information, visit http://www.autoaccessid.com .
About Cyberlynk
Cyberlynk provides redundant server applications, IT and router support infrastructure, FTP site hosting and spam and virus removal services. Founded in 1995, Cyberlynk currently serves over 1,500 customers with a variety of products, services and support. Adam Hobach is president of Cyberlynk. For more information, visit http://www.cyberlynk.net .
About Homeland Security Capital Corporation
Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows. For more information, visit http://www.hscapcorp.com .
For investor relations information regarding Homeland Security Capital, 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 .
Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
Company Contact: Homeland Security Capital Corp. C. Thomas McMillen (703) 528-7073 tmcmillen*hscapcorp.com
Investor Relations: Hawk Associates Inc. Frank Hawkins or Julie Marshall (305) 451-1888 info*hawkassociates.com
-------------------------------------------------------------------------------- Source: Homeland Security Capital Corp.
-------------------- Up Up and Away! Posts: 225 | From: Minneapolis | Registered: Jan 2006
| IP: Logged |
posted
CWLC (.029) Additional Contract With Tianjin Medicine Industry & Biology Technic Company
DENVER, Aug. 23 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., (OTC Bulletin Board: CWLC), is pleased to announce that it has signed an additional contract with the Tianjin Medicine Industry & Biology Technic Company.
Tianjin Create Co., a systems integration company and subsidiary of China Wireless Communications, has signed an additional contract to provide laptop computers, computing solutions, network routing, and auxiliary IP equipment for Tianjin Medicine Industry & Biology Technic Company. Also included in the contract are maintenance, technical support and software up-grades.
Tianjin Medicine Industry & Biology Technic Company is a joint venture operation between the Chinese government and private industry. Founded in 1998, the company consists of 2 manufacturing facilities and a corporate headquarters. The company has revenues exceeding $4.8 million (USD) for calendar year ending 2004 and over 300 staff members involved in R&D and manufacturing.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in China. The information technology business is developing quickly in China and we are becoming a major player in its development. The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China. Our systems provide redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Another key component to building the company's broad base information technology products and services in China, including computer installation and maintenance, broadband transport service, server installation maintenance and support, internet services, broadband transport redundancy, fixed wireless transport and information hosting.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements". The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. 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 the expected results CONTACT:
Contact Information: Michael Bowden, Chief Operations Officer of China Wireless Communications, Inc., +1-303-277-9968, info*chinawirelesscommunications.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
FBVG (.20) to Buy Orange County-Inland Empire Distributor >VALENCIA, Calif., Aug. 23, 2006 (PRIMEZONE) -- Fire Mountain Beverage Company (Pink Sheets:FBVG) announces its plan to acquire Beach Cities Beverage and all its assets. Beach Cities is a beverage distributor that has warehousing, trucks and hundreds of accounts located in Orange County and the Inland Empire area located in California.
According to Anthony Miller, CEO, "We feel that owning our own trucks and subsequently controlling our distribution will take us to that next level. This deal will provide us with market share in an existing territory and allow use to keep our finger on the pulse of the market. This deal rides piggyback on our previous transaction making this transaction necessary." Miller further notes, "We need to possess the ability to move product... and this gives us that ability. We see the ability to place our beverages as our number one priority because the beverages sell themselves. We are working on a new line of flavors with a cutting edge all natural sweetener that will set us apart in the marketplace. Our new distributorship services the accounts that we see wanting this kind of high end product. Already we are feeling the power of this new line of healthy natural beverages and we're loving it!"
Fire Mountain Beverage Company develops, markets, sells, and distributes branded purified and oxygenated-vitamin-flavored water beverages. The Company products are orientated to the health conscious consumer looking for alternatives to tap water and carbonated beverages containing sugar, caffeine, sodium and carbohydrates. Fire Mountain's customer base includes single and multi-store retail operations, governmental agencies, distributors, convenience stores, schools and other outlets. These products take advantage of current market trends in the beverage industry that enhance the quality of life.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
CONTACT: Fire Mountain Beverage Company
Anthony K. Miller, CEO
(661) 362-0716
info*firemountainbeverage.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
INTK (.15) Expands to China With New Distributor >NAPLES, Fla., Aug. 23, 2006 (PRIMEZONE) -- Industrial Nanotech (Pink Sheets:INTK), a company that specializes in nanotechnology innovation and product development, today announced that the Company has accepted an offer by Hangzhou Northstar Power Engineering Co, Ltd. (NPEC) to represent and distribute the Company's Nansulate line of coatings in China. Hangzhou NPEC is a privately owned Chinese company based near Shanghai that provides industrial supplies for the oil and gas industry, power plants, and civil infrastructure projects.
The company is a leading manufacturer and trader in China with a long history of servicing industrial sectors whose potential market size for Industrial Nanotech's Nansulate line of insulative and anti-corrosive coatings is substantial. Key executives from Hangzhou NPEC are scheduled to travel from China to Industrial Nanotech's corporate headquarters during the first week of September for training on its product lines' applications.
China is the second largest energy consumer in the world, behind the United States, with building energy consumption (heating, cooling, ventilation, and lighting) accounting for 28% of the country's total energy consumption due to the fact that most buildings in China were built without insulation. As a member of the Kyoto Protocol, China has committed to taking active measures to cut energy usage in residential and commercial buildings. It is estimated that 99% of the 40 billion square meters of building surface area in China are considered high energy usage buildings, needing insulation retrofit to satisfy the country's energy conservation objectives.
"Hangzhou Northstar has presented us with one of the most detailed and comprehensive business plans for our coatings to capture market share that we have received to date. China is obviously a very important and large market that has been a target of our international expansion efforts for some time now, particularly considering our commercial success abroad thus far," stated Francesca Crolley, VP of Operations and Marketing. "We feel confident that we have found a partner in that region who is willing and able to commit the financial and human resources necessary to successfully market and distribute Nansulate on a grand scale."
About Nansulate(tm)
Nansulate is a product line of water-based translucent insulation coatings containing a nanotechnology-based material. Nansulate PT is a direct to metal coating for pipes, tanks and other metallic substrates and Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates. Coatings that target extreme industrial environments include Nansulate Chill Pipe designed for low temperature applications on pipes and tanks and Nansulate High Heat designed for high temperature applications. Nansulate HomeProtect ClearCoat and HomeProtect Interior are designed for residential and commercial buildings and Nansulate LDX is designed for lead encapsulation applications. The coatings' ability to resist mold, prevent corrosion and provide thermal insulation is well-documented.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology that address real-world needs through its funding of and participation in research with world-leading scientists and laboratories, including the U.S. Center for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
CONTACT: Industrial Nanotech, Inc.
(800) 508-6153
corporate*industrial-nanotech.com
ZA Consulting
Investors:
David Zazoff
(212) 505-5976
PressReleases*Za-Consulting.net
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
USXP (.0075) Acquires Additional Miami Airport Trucking Company Business Editors / Airline Writers / Logistics & Transportation Writers
NEW YORK--(BUSINESS WIRE)--Aug. 23, 2006-- Universal Express, Inc. (OTCBB: USXP) today announced it has acquired, as planned, the Miami International Airport (MIA) based Airport Alliance. Airport Alliance is a luggage delivery service catering to airlines with the need to transport found luggage that was once lost by airlines to its owners. Universal Express' acquisition of both Airport Alliance, with approximately 20% of MIA's lost luggage delivery, and Global Trucking, with 80% of MIA's lost luggage delivery, give Universal Express virtually 100% of the lost luggage business at MIA.
"The acquisition of Airport Alliance gives Luggage Express Found, formerly Global Trucking, the necessary volume to implement state of the art technology and provide USXP customer service quality to a much needed airline industry. The airline industry, with the its increasingly heightened security, has the enormous task of keeping their passengers happy amidst the new challenges presented to them with higher volumes of checked luggage, and ultimately an increase in lost luggage sales," said Richard Altomare, CEO and Chairman of Universal Express, Inc.
"This acquisition adds a 20% increase in revenue that can be handled with our current infrastructure making Luggage Express Found the largest baggage delivery company in South Florida, handling an average of 1,500 pieces of lost luggage a day and resulting in approximately $4,500,000 in gross sales," said Juan Gonzalez, president of Luggage Express Found.
Airlines that currently utilize Airport Alliance for lost luggage delivery that will now be part of Luggage Express Found's already impressive list are: Delta Airlines, British Airways, Air France, South African Airways, Freedom Airliners, Chautaugua, Com Air, American West, Continental, TACA, Iberia and Swiss Air.
"These revenues should be certified and added to Universal Express' balance sheet by September 1st, 2006," concluded Mr. Altomare.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit http://www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA FLORIDA NEW YORK UNITED STATES INDUSTRY KEYWORD: TRANSPORT AIR TRUCKING TRAVEL TRANSPORTATION MERGER/ACQUISITION SOURCE: Universal Express, Inc.
CONTACT INFORMATION: Investor Relations: Universal Express, Inc. Mark Falk, 631-588-1644 publicrelations*usxp.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
CFRI (.13) Announces Coverage on CNBC and ****************.com
TORONTO -- (MARKET WIRE) -- 08/23/06 -- Conforce International, Inc. (PINKSHEETS: CFRI), developers of the revolutionary EKO-FLOR composite container flooring system, announced today that the company will be featured in a segment on "World Business Review" to be aired on CNBC in October of this year. In addition, the company is pleased to announce that coverage of Conforce and its EKO-FLOR product has been initiated by Mr. Larry Oakley on the investor information website http://www.****************.com.
The "World Business Review" segment will be taped in studio in Florida on September 15, 2006 and aired on CNBC and Bravo. The show is hosted by General Alexander Haig, the former White House Chief of Staff for President Nixon, and former White House Secretary of State for President Reagan. The recipient of 22 Telly and Aegis awards, the show is aired to 84 million households via cable TV, and 54 million homes via DirecTV & Dish Network. The show is also available on United Airlines in-flight programming to International business travelers, and is viewed by students as curricula on campus television at over 90 U.S. universities such as Dartmouth, Notre Dame, Georgia Tech, Georgetown, and NYU. Mr. Haig will discuss with Conforce President and CEO, Marino Kulas, the EKO-FLOR product and its expected impact on the container industry.
The company was also recently selected for a feature in Mr. Larry Oakley's Opinion section on the investor information website http://www.****************.com. The site is considered to be the premier discovery site for emerging growth, small and micro-cap stocks. Mr. Oakley is also a freelance writer and contributor to numerous other publications and newsletters, and his profiles are read by investors in 84 countries. Mr. Oakley has been featured as a guest speaker at 64 domestic and international conferences and seminars in the fields of investments, banking, and economics. He has also appeared on numerous investment talk-radio shows throughout the U.S., and on such television talk shows as "Good Morning America." Mr. Oakley recently began his coverage of Conforce and expects to comment further on the company and its EKO-FLOR product as new Conforce milestones are achieved.
About Conforce International
Management of the Company has been in the container business for over 25 years. In addition to the company's business of container handling and storage through its 5,000+ container capacity terminal facility, Conforce has also been engaged in the research and development of a proprietary composite product designed to change the way shipping containers are made, worldwide. The Company has developed a material that simulates the characteristics of wood while testing lighter, stronger and more cost-effective. The environmentally friendly product, named EKO-FLOR, is currently in phase two testing with a planned launch in Fall 2006. For more information on the Company, its EKO-FLOR product, or its Terminal Operations, please visit: http://www.conforce1.com.
Safe Harbor Act Disclaimer: "Forward-looking" statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell securities.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
LAS VEGAS, NV -- (MARKET WIRE) -- 08/23/06 -- Seamless Wi-Fi, Inc. (OTCBB: SLWF) today issued the following update on various corporate initiatives in process.
Seamless Wi-Fi and subsidiaries continue to make progress toward bringing new products and services to the market. The following are the most recent updates from Seamless Wi-Fi operating subsidiaries: Seamless Internet, Peer2Peer, and Skyy-Fi.
The Seamless Internet, Inc. subsidiary has completed final enclosure design molds for the S-XGen and manufacturing of the first run of enclosures will soon begin and be delivered for the initial twenty demo units over the next three weeks.
With the addition of increased functionality and new features to the S-XGen, Seamless development engineers are in the process of redesigning the circuit board for enhanced reliability and faster data exchange. The new S-XGen has increased internal memory, an onboard camera as well as more gaming buttons and a shock proof 20 Gigabyte hard drive. As a result of these upgrades, the price point for the S-XGen has increased to $799.00. We anticipate the first 1,000 ready for market units by December 1, 2006.
Seamless Peer2Peer, Inc.'s soon-to-be-launched Freek2Freek secure social web network will soon open the name reservations process to afford eager potential users the opportunity to reserve their screen and user names in advance of launch. Freek2Freek has been built from the ground-up to be safe and secure for users of any age and the company is actively reaching out to affinity groups that are looking to provide a robust and secure environment for their enthusiast communities. The secure backbone for Freek2Freek has also been locked down. Development of Phenom(TM) Version 3.0 continues and we anticipate the next internal beta iteration of Phenom will be available the over the next three weeks.
Seamless Skyy-Fi is eager for the release of its proprietary "SPN" technology. "SPN" secures Wi-Fi Internet surfing by encrypting the wireless data packets as they are transmitted from your Wi-Fi device (laptops, smart phones, etc.). We look to add the "SPN" technology to our product and service offering by mid-December of 2007. Seamless Skyy-Fi provides location-based Wi-Fi services provision for hotel and retail organizations from initial installation, integration, billing management and ongoing service, maintenance and technology upgrades. A copy of the recent white paper 'Courting the Business Traveler: Secure Wi-Fi Hotspot Provision Provides Hoteliers with Competitive Differentiation' is available upon registration at the http://www.slwf.net website.
To receive ongoing updates on Seamless and its subsidiaries, please register to receive Seamless News at http://www.slwf.net.
About Seamless Wi-Fi
Seamless Wi-Fi, Inc. (http://www.slwf.net) is based in Las Vegas, Nevada, with three operating subsidiaries: Seamless Skyy-Fi, Inc. (http://www.skyyfi.com), Seamless Peer2Peer, Inc. (http://www.seamlessp2p.net) and Seamless Internet (http://www.seamlessinternet.com).
Seamless Skyy-Fi is forging a network of Wi-Fi Hot Spots in targeted geographic and vertical markets across the country and has achieved initial success providing hotel and retail Wi-Fi hotspots. Seamless Skyy-Fi is also the developer of the software program that provides the Wi-Fi user a Secure Internet Browsing (SIB) that encrypts the user's Wi-Fi signal.
Seamless Peer2Peer develops Phenom(TM) Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant secure peer mail, chat, file transfer, remote PC access, secure VoIP, video conferencing and white boarding in a two MB client download.
Seamless Internet offers high security hosting services for Seamless Peer2Peer and Skyy-Fi clients and is not available for general public hosting services. Seamless Internet is also manufacturing and marketing the S-XGen, combination phone & mini-computer.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SLWF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
GWGO (.0003) GREAT WEST GOLD, INC. - 30% STOCK DIVIDEND
PHOENIX, NORWAY -- (MARKET WIRE) -- 08/23/06 --
GREAT WEST GOLD, INC. - 30% STOCK DIVIDEND
Company confirms the 30% Stock Dividend to reward its Shareholders
NEW YORK, NY, August 23, 2006, Great West Gold, Inc. (PINKSHEETS: GWGO) confirms that the Company authorized a 30% (thirty percent) dividend of the Company's Common Stock to its stockholders as announced on August 8, 2006.
This Stock Dividend "Record Date" is on Monday August 28, 2006. Any stockholder electing to receive this Stock dividend must be a registered stockholder as at Monday August 28, 2006. The Stock Dividend Pay Date to eligible stockholders will be on Friday September 8, 2006.
The Company elected to reward those stockholders who had remained loyal to the Company despite the lengthy delay in the Company's filings and hopes that this dividend would offset some of the losses suffered by the Company's stockholders caused by the very substantial fall in the Company's stock price in recent months.
This Stock Dividend will be electronically credited to stockholders brokerage accounts on the Pay Date. Those stockholders who are not holding their stockholding with their Brokers or hold restricted shares of the Company's Common Stock, will receive their Stock Dividends in certificated form.
About Great West Gold, Inc.
Great West Gold, Inc., http://www.greatwestgold.com, a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in "Bouse", "Mockingbird", "Ambassador", "Yaba", "Golden Eagle" and "South Copperstone" and Copper assets through its holdings in "Copper Mountain". The Company holds five of these Mining Assets through its 48% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other three projects are 100% controlled by the Company.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward- looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
INSN (.0003) Always-ON CRM Integrates With QuickBooks New Tool Allows Bi-Directional, Automatic Updates for QuickBooks and Always-ON CRM
TACOMA, WA -- (MARKET WIRE) -- 08/23/06 -- InsynQ, Inc. (PINKSHEETS: INSN), a premier provider of application hosting services, online accounting solutions and services, and owners of Appgen Business Software, announced today the completion of a QuickBooks integration for its CRM application, Always-ON CRM.
The Q Connector, developed by RPS Technologies, allows Always-ON CRM to scan QuickBooks and seamlessly import new customer and product data. The Q Connector automatically updates Always-ON CRM using an interactive synchronization. It brings the customer relationship management experience full-circle by tying sales and accounting together, improving process automation for each department.
According to Joanie Mann, Executive Vice President of InsynQ, "The Q Connector provides a safe and secure means to keep accounting and operational personnel connected and working on the same information. Users who once needed desktop applications and access to accounting data now need only run the Web-based CRM system to get to the information they need to get their jobs done. By coupling the Web-based CRM application with hosted QuickBooks, we can now offer the entire enterprise a complete Always-ON delivery for their accounting, sales and service personnel."
Stacey Robinson, President of RPS Technologies, says, "Many of our clients needed a way to connect their accounting and CRM systems, but also wanted to have a completely 'on-demand' solution for it all. With the Q Connector, Always-ON CRM, and hosted QuickBooks, InsynQ can now offer the market a complete, turnkey solution."
There should only ever be one point of entry for important customer data, and the sales team should not have to work in the accounting system to obtain it. With the Q Connector, customer data entry in Always-ON CRM is automated and available in real-time. But this tool goes further than just synchronizing customer data; it also integrates inventory and pricing data. Inventory items that are stored in QuickBooks import into Always-ON CRM as products. Like customer data, it is automatically updated when any changes are made in QuickBooks.
The Q Connector has other useful features including a tool that maps sales reps to their CRM prospects and accounts, so sales reports can help measure productivity and success for each rep. Another feature sends closed and accepted sales quotes from Always-ON CRM to QuickBooks as sales invoices, once again automating the sales process.
For first-time users, a one-click import synchronizes Always-ON CRM with QuickBooks. There is no other software required, making implementation simple and fast. Q Connector is available to connect InsynQ hosted QuickBooks applications and data securely to the InsynQ Always-On CRM system, but can also be implemented for QuickBooks running on the local PC.
InsynQ demonstrates their ability to continually add value to their service model by introducing new, innovative and feature-rich applications and services through Always-ON services (http://www.InsynQ.com) and through their e-Accounting business (http://www.CPAasp.com).
About InsynQ
InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any web enabled computer, regardless of operating system. What's more, InsynQ subscribers can freely access their software and data from any computer, anywhere in the world. The company also offers IT and network integration consulting, multimedia development, a broad range of business application services, and infrastructure management services. For more information, visit us at http://www.insynq.com or call us at (253) 284-2000.
About RPS Technologies
RPS Technology is a technology-consulting firm headquartered in Cary, NC that specializes in custom software development, systems integration and network engineering. For more information, contact RPS Technology at 1 (866) 592-9100 or visit the website at http://www.rpstechnology.com.
Forward-Looking Statements
Statements made in this press release that state the Company or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
IZZI (.19) Announces B&B Roadway Order from Illinois Department of Transportation Business Editors / Technology Editors / Logistics & Transportation Writers
IRVING, Texas--(BUSINESS WIRE)--Aug. 23, 2006-- Integrated Security Systems, Inc. (OTCBB:IZZI) today announced that B&B Roadway, a majority-owned joint venture partner of its wholly owned subsidiary B&B ARMR, has received a major order from the Illinois Department of Transportation. The order, which exceeds $750,000, is for 80 highway access gates and related equipment. The project is part of an overall city evacuation and traffic management strategy for highway routes leading into and out of the City of Chicago. The total system is designed to restrict access to certain expressway routes in the event of an emergency. This will enable changes in traffic flow so that all lanes can be changed to a single direction of flow, easing movement. Similar systems from B&B Roadway have been developed or are being considered by a number of states and metropolitan areas, particularly for use as hurricane evacuation routes.
About ISSI
Headquartered in Irving, Texas, ISSI is a technology company that provides products and services for homeland security needs. ISSI also designs, develops and markets safety equipment and security software to the commercial, industrial and governmental marketplaces. ISSI's Intelli-Site(R) provides users with a software solution that integrates existing subsystems from multiple vendors without incurring the additional costs associated with upgrades or replacement. Intelli-Site(R) features a user-defined graphics interface that controls various security devices within one or multiple facilities. ISSI is a leading provider of anti-terrorist barriers, traffic control and safety systems within the road and bridge and perimeter security gate industries. ISSI designs, manufactures and distributes warning gates, lane changers, airport and navigational lighting and perimeter security gates and operators. ISSI conducts its design, development, manufacturing and distribution activities through three wholly owned subsidiaries: B&B ARMR, Intelli-Site, Inc. and DoorTek Corporation. For more information, please visit http://www.integratedsecurity.com,http://www.bb-armr.comhttp://www.bbroadway.comhttp://www.intelli-site.com, or http://www.doortek.com.
About B&B Roadway
B&B Roadway is a 65% owned joint venture of B&B ARMR. This operation has a seventy-five-year history of providing gates and barriers to the State Departments of Transportation. For additional information, please visit http://www.bbroadway.com.
About B&B ARMR
B&B ARMR Corporation engineers and manufactures high security crash rated barriers and parking control equipment for commercial and institutional use throughout the world. B&B ARMR offers turnkey installation services for its security and control products and supplies parts and services for vehicle barriers manufactured by other companies. The company's roots can be traced to 1925, and they assert a high profile customer list that includes the Pentagon, San Diego Naval Station, G.E. Headquarters, Hertz, FDA, FAA Headquarters, Department of State and several foreign embassies. For additional information, please visit http://www.bb-armr.com.
This information contains certain forward-looking statements. It is important to note that ISSI's actual results could differ materially from those projected by such forward-looking statements. Important factors that could cause actual results to differ materially from those projected in the forward-looking statements include, but are not limited to, the following: operations may not improve as projected, new products may not be accepted by the marketplace as anticipated, or new products may take longer to develop than anticipated.
KEYWORD: NORTH AMERICA ILLINOIS TEXAS UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY GOVERNMENT HARDWARE SOFTWARE TRANSPORT STATE/LOCAL CONTRACT/AGREEMENT SOURCE: Integrated Security Systems, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
EMED (.40) MedCom USA, Inc. Expands Its Benefit Verification Connectivity With 30 New Insurance Carriers, Giving a Total of Over 480 Payers and Plans
SCOTTSDALE, Ariz., Aug. 23 /PRNewswire-FirstCall/ -- MedCom USA, Inc. (OTC Bulletin Board: EMED), a leading provider of HIPAA compliant healthcare and financial transaction solutions for the healthcare industry has just added 30 additional insurance carriers to its real-time Benefit Verification connectivity giving MedCom connectivity to over 480 Payers and Plans.
With new carriers such as Blue Cross / Blue Shield of Arkansas, Blue Cross / Blue Shield of Pennsylvania Highmark and Blue Cross / Blue Shield of National Capital Area MedCom now can provide expanded capacity to a number of key territories. MedCom continues to have the largest real-time carrier and plans list available for healthcare professionals in the United States. The complete update list can be viewed on the company website at http://www.medcomusa.com.
According to CEO, Bill Williams, "MedCom is constantly expanding its capacity to transact Benefit Verifications in real-time. Reports have shown that 1 in 7 claims are rejected due to improper benefit verification at the time of service. We feel that the more robust the list the better the healthcare professionals can perform by receiving real-time information from the insurance carriers immediately. This will allow them to run their practices more effectively by knowing that their patients have coverage at the time of service."
The Benefit Verification is the key first step in revenue cycle management. When combined with the MedCom System suite of features, including Patient Easy Pay, healthcare providers and hospitals can increase their cash flow and reduce their accounts receivables. These new carriers are now available via the MedCom System.
About MedCom USA, Inc.
MedCom USA, Inc. (EMED) provides innovative solutions for electronically processing HIPAA compliant transactions within the healthcare, financial and dental industry. MedCom USA provides a point of service terminal based transaction package and compatible Web Portal for medical and dental professionals as well as healthcare institutions. MedCom USA offers its clientele the ability to facilitate the following transactions: Real-time Patient Eligibility, Real-time Referral Certification, Real-time Claim Status, Real-time Pre authorization, 100% Paperless Claims Processing and Submission to all United States based health plans and insurance carriers, Patient Easy Pay, Merchant Processing, and Electronic Check Guarantee Service. http://www.medcomusa.com.
About HIPAA
Health Insurance Portability and Accountability Act of 1996 that requires health providers and health plans to adopt standards for electronic administrative and financial transactions.
Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although MedCom USA, Inc. management believes the expectations reflected in such forward-looking statements are based on reasonable assumptions; it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in MedCom USA, Inc.'s SEC reports, including the company's most recent 10-K and subsequent 10Q-s.
SOURCE MedCom USA, Inc.
Contact Information: Kent Barghols, +1-515-276-1180, BARGHOLSB*MSN.COM, for MedCom USA, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
RMDG (.0011) RMD Entertainment Closes Regulation D Offering
PHILADELPHIA, PA -- (MARKET WIRE) -- 08/23/06 -- RMD Entertainment Group (PINKSHEETS: RMDG) announced today that it has closed its Regulation D, Rule 504 offering and is no longer selling shares of its common stock to accredited investors. A Form D is being filed with the Securities and Exchange Commission this week, disclosing that the company has raised $990,000 in the offering over the past twelve months. The limit to any such offering is $1 million per year.
RMD CEO Giorgio Costonis commented, "The company had to complete the offering in order to facilitate our recent transition from a company in the early stages of development, to a viable corporate entity developing, distributing and selling merchandise to the masses across virtually all retail channels." Costonis added, "We rapidly matured the day our first 'bricks and mortar' project, Block Star DVD Magazine, became available on traditional retail shelves and we are expecting a substantial growth spurt when Roc Monee's album hits the shelves in the near future. We are so grateful to those who stood by us and shared our vision for success. All of our projects have been nurtured to perfection and from this point forward we expect to penetrate the global market on a whole new level, working hand in hand with the best retail outlet chains and digital distributors that the world has to offer. I made it my personal mission to make RMDG the number one hip hop company in the world by weaving an unbreakable fabric of solid corporate practices, uncommon work ethic, hot urban product development, integrity, and a unique understanding of the role that technology plays now and in the future in our business platforms. I remain both committed and confident that we will achieve this goal."
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 PDA's. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music 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 in North America and in Europe through the Pickwick Group Ltd. of London. It also distributes music in download and ring-tone formats around the globe through 62 on-line distribution partners.
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.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
MEMPHIS, TN -- (MARKET WIRE) -- 08/23/06 -- In the news release "ATWEC Technologies Forecast Sales Increase for FY 2007," issued Tuesday, August 22, 2006, by ATWEC Technologies (PINKSHEETS: ATWT), we are advised by the company that the headline should read "ATWEC Technologies Forecast Sales Increase for FY 2006" rather than "ATWEC Technologies Forecast Sales Increase for FY 2007"; the first sentence of the first paragraph should contain "FY 2006" rather than "FY 2007"; the second sentence of the first paragraph should contain "FY 05" rather than "FY 06"; the third sentence of the first paragraph should contain "FY 06" rather than "FY 07"; and the third paragraph should also contain "FY 06" rather than "FY 07," as originally issued. Complete corrected text follows.
ATWEC Technologies Forecast Sales Increase for FY 2006
Company Updates Web Site for West Bend Mutual Policyholders
MEMPHIS, TN -- August 22, 2006 -- ATWEC Technologies (PINKSHEETS: ATWT) announced today that it expects to rapidly ramp up sales for its FY 2006 beginning September 01, 2006. This will continue the acceleration of orders as the company sold and installed upwards of 400 units in 2005 over 2004, an increase in sales by 300% in FY 05. The forecasted sales increase for FY 06 is mostly due to anticipated orders from customers such as the West Bend Mutual Insurance Company policy holders, the Hillbourgh School District, the Louisiana Headstart Group, and the Shelby County Headstart Group.
ATWEC has just finished updating its web site for the West Bend policyholders. At the site, they can log in to find a distributor and when they supply a valid customer number, they can print a discount coupon for KiddieSystems products in addition to any policy discount offered by their insurance carrier. West Bend services about 14% of the national market and ATWEC accepts the challenge of capturing this business with the endorsement of such a respected partner.
"ATWEC's marketing efforts are on track to accomplish its goal for FY 06 and our underlying mission of ensuring our children's safety looks as bright as ever," said CEO Alex T. Wiley.
For more information on ATWEC Technologies, visit the company's web site: http://www.atwec.com.
NOTE: Certain statements made in this press release are company-based projections within the scope of the Private Securities Act of 1995. Such statements involve known and unknown risks. Uncertainties and other mitigating factors may influence desired outcomes. Such risks, uncertainties and/or other mitigating factors include but are not limited to new economic conditions, risks associated in product development, market acceptance of new products and continuing product demand, level of competition and other factors both known and unknown as described within this Company's reports and other filings with appropriate regulatory agencies.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
WTVN (.0002) Launches Black and African-American Internet TV and Chat as Digital Divide Closes Wi-Fi TV Leads the Way in Bringing Black Themes to the Changing Face of Television and Millions of Black Internet Users
NEWPORT BEACH, CA -- (MARKET WIRE) -- 08/23/06 -- Wi-Fi TV Inc. (PINKSHEETS: WTVN) today became the first Internet TV provider in the world to create channel categories for Black and African American TV channels and live chat.
"As live interactive TV comes to Internet enabled PCs, laptops, cellular phones and mobile devices, and the nature of TV itself is re-invented, Wi-Fi TV will work to make the growing economic power, compelling history and great cultural richness of African-Americans a vital part of the mix," said Alex Kanakaris, Chairman of Wi-Fi TV Inc.
Wi-Fi TV (http://www.Wi-FiTV.com) will provide extensive links to the Wi-Fi TV Black and African-American channel pages from throughout its live interactive TV web site, and will place channels and content pertaining to Black themes in many different Wi-Fi TV categories, including Education, Entertainment, Politics, News, Music and History.
"Wi-Fi TV is taking the lead in bringing African American live TV content to the Internet, in connecting Internet TV with African Americans and in providing education, culture and entertainment for an African American audience," said Mr. Kanakaris. "We are actively selling Wi-Fi TV Channels to the African American community and are truly excited about the kind of content we will be able to provide that old fashioned analog TV never will," he added.
According to the New York Times (March 31, 2006, article by Michael Marriott) the "Digital Divide" is closing as Blacks turn to the Internet. "African-Americans are steadily gaining access to and ease with the Internet, signaling a remarkable closing of the 'digital divide' that many experts had worried would be a crippling disadvantage in achieving success," the newspaper reported.
According to the New York Times:
-- African-Americans, even those at the lower end of the economic scale,
are making significant gains in online adoption. -- Organizations that serve African-Americans are turning to the Internet
to reach out to them. -- The sharpest growth is among young people but African-Americans of
various ages are increasing usage as well.
According to a Pew national survey of people 18 and older, completed in February 2006, 74 percent of whites go online, 61 percent of African-Americans do and 80 percent of English-speaking Hispanic-Americans report using the Internet.
In a similar Pew survey in 1998, just 42 percent of white American adults said they used the Internet while only 23 percent of African-American adults did so. Forty percent of English-speaking Hispanic-Americans said they used the Internet at that time.
About Wi-Fi TV, Inc.
Wi-Fi TV can be seen over the Internet in the United States, Latin America and globally. 300 channels of live TV programming, Country and Category specific breaking news and free voice over IP phone calls are available at http://www.Wi-FiTV.com.
Wi-Fi TV viewers from 130 countries around the world are tracked on the home page (http://www.Wi-FiTV.com) by the independent NeoTracker. Wi-Fi TV, Inc. has opened a new content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact:
Colby Marceau 949-716-9397 Email Contact
Wi-Fi TV 949-675-5011 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
CVCP (.67) Begins Final Stage of Construction for the USD $290 Million Buon Kuop Hydropower Project Value of Contract to VINAVICO and Cavico Approximately USD $32 Million
LOS ANGELES, CA and HANOI, VIETNAM -- (MARKET WIRE) -- 08/23/06 -- 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, today announced that it has completed more than 60% of the Headrace tunnel for the Buon Kuop Hydropower plant. The final stages of construction have begun and the company anticipates breakthrough of the tunnel by early 2007.
The Buon Kuop hydropower plant is located between the Cu Jut and Krong Kno districts of Dak Lak province, Northwest of Ho Chi Minh City. The plant has a capacity of 280 MW, and will be capable of generating 1.458 million KWh per year. The project is owned by Electricity of Viet Nam (EVN) with a total investment of about USD $290 million. Vinaconex is the main contractor for the project; VINAVICO, a joint stock company of which Cavico and Vinaconex are the only shareholders, and Cavico are the main subcontractors. The companies are constructing the 8600 meter long Headrace tunnel with a value of USD $32 million.
This project involves the largest amount of tunnel construction and the most complicated geological conditions in Viet Nam, demonstrating Cavico's ability to complete challenging engineering projects within budget and on time. The Buon Kuop project was started in December of 2003, and today after 2 years of work, Cavico and Vinavico have completed the surge tank sharp and excavated more than 60% of the Headrace tunnel.
Cavico (http://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.
For Cavico Corporation: Timothy Pham Phone: 714-843-5456 Email: Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Phoenix Associates Acquires Best Jets Group of Companies
10:25 AM ET Aug 23, 2006
NEW ORLEANS, LA, Aug 23, 2006 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced that it completed the acquisition of the Best Jets Group of Companies effective August 17th, 2006. The Best Jets Group of Companies includes the following: Best AeroNet, Ltd., Best Jets, Ltd., Best Jet Parts, Ltd., Best AeroNet Aviation, Ltd, Jet Makers, LLC, Peaks Aviation Services, LLC, Butterfly Cove Holdings, LLC, Artist Air Ltd, and Pillar, LC. Phoenix indicated that the acquired companies listed above are being reconfigured into the following "C" Corporations. -- Best AeroNet, Inc. This company is a discount jet fuel supplier with over 600 fueling locations in South, Central and North America. -- Best Jets Engines, Inc. This company will combine Best Jets, Ltd. and Best Jet Parts, Ltd. Best Jet Engines, Inc. is a FAA certified jet engine repair station which specializes in CJ610, CJ700, and J85 Jet Engines. Additionally, Best Jet Engines also has one of the possibly largest privately owned inventories of parts in the world for 20 series Lear Jets and the above mentioned engines. -- Best Jet Airframe Services, Inc. and Best Jet Sales and Management, Inc. The Airframe Services business provides maintenance repair, renovation, CRS, FBO operation. (Lake Texoma Jet Center) The Sales and Management business provides management, pilot/dispatch services, shared ownership, and sales. These two companies are replacing Best AeroNet Aviation, Ltd. -- Jet Makers, Inc. This company, formally known as Jet Maker, LLC, purchases aircraft for remanufacture and resale.
The following companies are being dissolved with the assets being assigned to the emerging entities listed above: Peaks Aviation Services, Inc., Butterfly Cove Holdings, Inc., Artist Air, Ltd. and Pillar LC. Terms of Acquisition for 80% ownership of the Best Jets Group of Companies is as follows: $4.5 million in cash, 3 million shares of restricted common stock, and stock options on 15 million shares of common stock vesting at the rate of 3 million shares per year for 5 years. The stock options are exercisable at a 50% discount from the 30 day average closing price per share prior to execution (vesting) date -- execution (vesting) dates to be on the 1st through 5th year anniversaries of the acquisition closing of the Best Jets Group of Companies. Additionally, the three owners have signed 5 year employment agreements with Phoenix. The cash portion of the acquisition was paid through a combination of a cash payment and a five year note at 5.05 APR. Paul Alonzo, President and CEO of Phoenix Associates, stated, "We are very excited about the addition of the Best Jets Group of Companies to the Phoenix organization. Phoenix will grow this group of businesses into major players in each of their individual fields." Mr. Alonzo added, "You can anticipate additional news to be announced shortly about each of these newly acquired Best Jets businesses."
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
08/23/2006 10:37 EDT Moonlight Graham Signs Licensing Agreement With Kellogg's
CHICAGO, Aug. 23 /PRNewswire-FirstCall/ -- The Denim Apparel Group (OTC: DPGP) DBA Moonlight Graham has signed a licensing agreement with Kellogg's to manufacture a line of vintage apparel and accessories utilizing the vast archives of Kellogg's history.
Eric Joffe, CEO of Moonlight Graham, says, "We are excited to partner with Kellogg's and utilize their great tradition to bring the Kellogg's look, feel, and history to life with our unique interpretation in designing modern vintage sportswear for men, women and children. The addition of Kellogg's to our stable of licenses along with others we expect to add in the near future should allow Moonlight Graham to become the industry leader in developing modern vintage sportswear in the apparel industry."
About Moonlight Graham Inc.
Moonlight Graham ( http://www.moonlightgraham.com ) produces a high end product line of men's, women's and children's sportswear featuring the finest in vintage - retro designs utilizing the product licenses of Major League Baseball ( http://www.mlb.com ), Anheuser - Busch, General Motors, Universal Studios and Cadbury - Schweppes.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
SOURCE Denim Apparel Group
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
Diversified Ethanol Acquires Building for Corporate Headquarters in Eagle Grove, IA
Chicago, IL -- Diversified Ethanol, a division of James Monroe Capital Corporation (Pink Sheets: JMCP), has slammed through the acquisition of its new corporate headquarters and ethanol production building as of Monday evening, and received a permit from the city.
The company's new building, located at 216 N. Commercial in Eagle Grove, IA will be the home for offices, engineering, sales, and a demo unit ethanol plant which will serve for R&D as well as production of ethanol.
James Monroe Capital's CEO Chris McGovern said, "There was another offer on the table, and the meeting had some very heated discussions."
Meanwhile, at a city council meeting August 21, Diversified Ethanol president Taylor Moffitt spoke for the JMCP shareholders and the city council voted in favor of awarding a special use permit to the company, thus finalizing all stipulations of the purchase contract.
Insurance, utilities, and phone service will be transferred on Tuesday prior to the company moving office equipment into the building.
Moffitt said, "Now that we have a permanent address, as soon as we have it registered with the SEC, all Northland Home Solutions and Taylor Moffitt LLC properties will be titled over to James Monroe Capital as the agreements stated.
"Tomorrow we order the new "Diversified Ethanol" signage, which will proudly hang on this building for a long time," said Moffitt.
"Our projections show at least a 50-point profit margin in designing, building, supplying, and providing training for these plants, in addition to having income from many of them long-term."
He added, "Today is a significant day for all of us as a company. One engineer told us that based on requests he's had for small plants, he thinks we will build these plants in the thousands, but it all starts with this one plant."
"As the stewards of the shareholders' assets, we will continue to focus on aggressive company growth," he noted.
For more information, call 515-603-6292.
Posts: 1580 | From: World | Registered: Jul 2006
| IP: Logged |
Universal Express and Enterprise Rent-A-Car Announce Strategic Partnership Business Editors / Logistics & Transportation Writers
NEW YORK--(BUSINESS WIRE)--Aug. 23, 2006-- Universal Express Inc. (OTCBB: USXP), announced today that Enterprise Rent-A-Car, the largest rental car company in North America, and Universal Express Inc., an innovative worldwide logistics company, have formed a strategic partnership through its PostalNation consumer business division that will benefit both consumers and private postal store owners.
"This partnership illustrates Enterprise's emphasis on partnering with businesses to provide and opportunity for both to reach out to new customers, and PostalNation's ability to continue to emphasize the importance of creating new customer traffic for our postal store affiliates. This is a terrific opportunity for both our PostalNation store affiliates and Enterprise," said Ms. Liza Medina, PostalNation's Director of Sales.
"Both Enterprise and PostalNation look forward to growing our partnership and serving our customers by providing them with all of their automotive rental needs," said Mr. Richard A. Altomare, Chairman and CEO of Universal Express.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit http://www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: TRANSPORT TRAVEL TRANSPORTATION MANUFACTURING PACKAGING RETAIL SPECIALTY CONSUMER CONTRACT/AGREEMENT PRODUCT/SERVICE SOURCE: Universal Express, Inc.
CONTACT INFORMATION: Investor Relations: Universal Express, Inc. Mark Falk, 631-588-1644 publicrelations*usxp.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
DPRS (.50) Announces Receipt of New U.S. Patent Grant Business Editors / Banking Writers
MIAMI--(BUSINESS WIRE)--Aug. 23, 2006-- Default Proof Credit Card System, Inc. (OTCBB:DPRS) announces that on August 22, 2006 the application 09/207,854 filed by Vincent Cuervo, CEO on December 8, 1998 was granted U.S. Patent number 7,096,198, titled: INTERNET WEB SITE PROGRAM FOR THE PURCHASE, ISSUE AND DISPENSING OF DEBIT CARDS
Abstract
A computerized computer program in an Internet Web site with input and output capabilities for the sale, issue and dispensing of debit cards that includes automated teller machine as dispensers for debit cards that include each one a unique identification number on a storage member thereon. A purchaser clicks the Web site address through his or her personal computer, then, following the program steps, enters his/her particulars and those of the transaction which are merged with one of the unique identification numbers and transmitted to a remote computer facility that acts as clearing house for the users' transactions. The remote facility includes input and output means to communicate with the debit card issuer(s), the dispensers and the associated circuitry to obtain the identification numbers of the debit cards being issued and dispensed and the particulars of the holders and the transactions. Adequate software is provided in the remote facility to permit holders to access the same line of credit opened for one or more debit cards so that different users can remotely access and affect one or more lines of credit.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING SOURCE: Default Proof Credit Card System, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
StockPromoters.com Announces the Best Performing Stocks of the Day by Promoter! StockPromoters.com has ranked all recent promotional campaigns by performance and has compiled the following list of the week's winners by stock and promoter.
Shearson Financial Network, Inc (OTCBB: SFNN) traded higher by about 13% from its previous close on over 1,327,000 shares. Average volume over the past 3 months was only 271,252. Stocks 2 Play reportedly received compensation of a 400,000 share block of restricted stock for their participation.
UC Resources Ltd. (TSX-V: UC) showed an increase from its average 3-month trading volume of about 370,000 shares to over 1,560,000 with a subsequent rise in stock price of about 17%. All Penny Stocks reportedly received twenty-six thousand seven hundred and fifty dollars for this campaign.
County Line Energy Corp. (PINKSHEETS: CYLC) jumped from an average volume over the past three months of 162,000 to over 456,000 shares traded. The stock price also showed a sizeable increase of about 10 percent in intraday trading. Bridge IR was reportedly compensated eight thousand dollars for this campaign.
Bicoastal Communications, Inc (PINKSHEETS: BCLC) got about a 100 percent jolt to its average trading volume, which averaged about 2,724,000 over the past 3 months, but jumped to about 5,574,000 with the help of Global Media Corporate Relations. The stock price moved nicely intraday, but closed down about 11%.
About StockPromoters.com
StockPromoters.com is the first and only site of its kind. StockPromoters.com tracks thousands of promotional websites, newsletters, and fax and email campaigns.
With the help of StockPromoters.com investors will no longer be left holding the bag. Public companies will stop wasting dollars and shares paying useless promoters, and the worthy promoters won't have to wear the black eye they carry from all the rip-off artists out there anymore! Go to www.StockPromoters.com for more!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Diamond I Receives Notice of Patent Application Publication Diamond I, Inc. (OTCBB: DMOI), a developer of wireless gaming products, including the WifiCasino(TM) wireless hand-held gaming system, today announced that its patent application, "Biometrically-Secured Portable Wireless Entertainment, Shopping & Gaming System", has been published in the Official Gazette of the U.S. Patent and Trademark Office.
"We see this as being a significant point in our history and the genesis of a more rapid evolutionary curve for our company," said David Loflin, Diamond I's CEO. "Our goal all along has been to become a powerful force in the gaming industry, a force propelled by our own innovative technologies."
Diamond I's handheld gaming unit, the GS2(TM) is the first of Diamond I's products to embody the technologies that are the subject of the published patent application. The GS2 is the hand-held component of the company's WifiCasino gaming system.
About Diamond I, Inc.
Diamond I, Inc. is a development-stage company that develops wireless gaming products, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino"(TM), which includes the GS2(TM), the user-friendly wireless hand-held unit. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.
With the passage of Nevada Law AB471, which authorizes the use of mobile communication devices for gaming in public areas in Nevada casinos, Diamond I seeks to secure a Las Vegas hotel/casino to serve as the demonstration site for its WifiCasino, in conjunction with its application for a gaming license in Nevada. To that end, in a letter of intent, The Palms Resort and Casino has agreed to continue to develop a working relationship relating to Diamond I's WifiCasino and, assuming Diamond I continues to meet certain standards, The Palms stated that it intends to pursue an opportunity with Diamond I. Diamond I continues to seek venues in which to establish its WifiCasino system, including other U.S. casinos and horse and dog racing facilities. Diamond I has had preliminary discussions with certain owners of cruise ships, certain owners of horse racing facilities in the United States and dog and horse racing facilities outside the United States.
Forward-Looking Statements
Certain statements in these interviews and news releases may constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements. Certain statements contained in the interviews are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Diamond I's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although Diamond I believes the statements are reasonable, it can give no assurance that such expectations will prove correct. Diamond I cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.
Source: U.S. Equity News (August 23, 2006 - 11:55 AM EDT)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
GRWW (.478) U.S. Pro Golf Tour Executes Three Year Television Production and Marketing Agreement With Winnercomm, Inc.
HERTFORD, N.C., Aug. 23 /PRNewswire-FirstCall/ -- The U.S. Pro Golf Tour, a wholly-owned subsidiary of Greens Worldwide, Inc. (OTC Bulletin Board: GRWW) announces that it has entered into an agreement with Winnercomm, Inc. to provide television production, program distribution, interactive services, marketing and sales representation for its Tour operations and national television programming for the next three years.
Winnercomm, http://www.winnercomm.com , is America's largest independent sports production, program development, marketing services and sales representation company. Winnercomm supplies over 1,500 hours of programming annually to ABC, ESPN, ESPN2, FOX SPORTS NET and 10 other national television networks, has earned 14 Emmy Awards, operates sales offices in New York, Chicago, Nashville, Dallas and Tulsa, and has one of the fastest-growing interactive, marketing services and marketing consulting businesses in the region.
"I am extremely pleased that our strategic television production relationship with Winnercomm has evolved into this significant and comprehensive services package and we are looking forward to a prosperous and long term partnership", said R. Thomas Kidd, CEO of Greens Worldwide. "When fully realized, Winnercomm will contribute to the execution of our golf business in a significant way."
"This is an exciting opportunity for us," said Jim Wilburn, CEO of Winnercomm, Inc. "It further expands our presence in professional golf and puts us in a position to extend our full range of services in support of an organization that has a terrific product and is poised for rapid growth."
"I think it's a great strategic fit for both companies," said John Baker, CFO of Winnercomm, Inc. "We've invested heavily over the past few years adding resources and growing our capabilities so we can provide interactive and marketing support that complements and reinforces our television production. We have a lot to offer this group and are eager to get to work."
"Winnercomm is highly experienced in delivering a full platform of services such as TV production, sales, online, PR, and marketing support to sports rights holders. This experience and expertise will be hugely valuable as we develop the Tour's TV and marketing strategy going forward. I'm looking forward to a long and successful relationship," said Philip Bough, Commissioner of the USPGT.
About Greens Worldwide Incorporated
Greens Worldwide Incorporated is a vertically integrated sports marketing and management company, engaged in owning and operating sports entities and their support companies and is publicly traded under the stock symbol GRWW. Our current operating subsidiaries are the US Pro Golf Tour, Inc. http://www.usprogolftour.com , Breakthru Media, Inc. http://www.breakthrumedia.com, Crowley and Company Advertising, Inc. http://www.crowleyadvertising.com, New England Pro Tour, Inc. http://www.neprogolftour.com, Still Moving, Inc. http://www.still-moving.com , Las Vegas Golf Schools, Inc. http://www.gotogolfschool.com, and American Challenge Golf Tour, http://www.acgtour.com. In our continuing effort to develop a more cohesive and synergistic organization, we are structured in a way that allows all of our wholly owned subsidiaries to utilize each other's resources to the greatest extent possible. In addition, the Company's strategic plan is to be able to deliver substantial value by providing multiple sports platforms and media to leverage our partners advertising and promotional dollars, while delivering the finest entertainment opportunities to retain and build customers. For our non-sports businesses, we will utilize the media and promotional benefits of our media platforms in Television, Radio, and Print, together with Internet Television and other like strategic relationships, to grow our consolidated revenues. The Company intends to continue its strategy of acquiring profitable sports organizations and sports related firms, together with other businesses that would benefit from the synergy the Company provides. http://www.grwwsports.com
About the U.S. Pro Golf Tour
The U.S. Pro Golf Tour is the country's premier intermediary professional golf tour. Our tour-caliber events feature former PGA golfers, players preparing for the Champions Tour, non-exempt professionals on the Champions Tour, celebrity challengers and professionals 18 and older gearing-up for the PGA Tour. The U.S. Pro Golf Tour also conducts a Pro-Net competition for players with handicaps of all skill levels, 18 years and older, competing for substantial prize money in a tour-event atmosphere. All tournaments are week- long events, and feature junior clinics, Pro-Am's, media coverage, entertainment, electronic leader boards and hospitality, with local market charities benefiting from the events. The U.S. Pro Golf Tour is televised on FOX Sports Net, which operates 22 regional sports channels nationwide. For more information on the U.S. Pro Golf Tour, phone 252.264.2064, or visit our website, http://www.usprogolftour.com. The U.S. Pro Golf Tour, Inc. is a wholly owned subsidiary of Greens Worldwide, Inc. (OTC Bulletin Board: GRWW - http://www.grwwsports.com).
Forward-Looking Statements
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in reports filed by the Securities and Exchange Commission.
R. Thomas Kidd
CEO, Greens Worldwide Incorporated
252.264.2064
SOURCE Greens Worldwide, Inc.
Contact Information: R. Thomas Kidd, CEO of Greens Worldwide Incorporated, +1-252-264-2064
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Advanced Cell Technology, Inc. (OTCBB:ACTC) today reported that company scientists have successfully generated human embryonic stem cells (hES cells) using an approach that does not harm embryos. The technique is reported in an article appearing online (ahead of print) in the journal Nature. The article describes a method for deriving stem cells from human blastomeres with a single-cell biopsy technique called Preimplantation Genetic Diagnosis (PGD). This technique is used in in vitro fertilization (IVF) clinics to assess the genetic health of preimplantation embryos. The cell lines produced using this technique appear to be identical to hES cell lines derived from later-stage embryos using techniques that destroy the embryo's developmental potential. ACT had previously reported the successful use of a similar technique in mice in Nature in October 2005. "Until now, embryonic stem cell research has been synonymous with the destruction of human embryos," stated Robert Lanza, M.D., Vice President of Research & Scientific Development at ACT, and the study's senior author. "We have demonstrated, for the first time, that human embryonic stem cells can be generated without interfering with the embryo's potential for life. Overnight culture of a single cell obtained through biopsy allows both PGD and the development of stem-cell lines without affecting the subsequent chances of having a child. To date, over 1,500 healthy children have been born following the use of PGD." Current technology derives hES cells from the inner cell mass of later-stage embryos known as blastocysts, destroying their potential for further development. ACT's approach generates human embryonic stem cells from a single cell obtained from an 8-cell-stage embryo. To create hES cell lines, the researchers used single cells obtained from unused embryos produced by IVF for clinical purposes. Nineteen stem-cell outgrowths and two stable hES cell lines were obtained. These cell lines were genetically normal and retained their potential to form all of the cells in the human body, including nerve, liver, blood, vascular, and retinal cells, that could potentially be used to treat a range of human diseases. "One of the major ethical objections of those who oppose the generation of human embryonic stems cells is that all techniques, until now, have resulted in the destruction of the embryo," stated Ronald Green, Ph.D., Director of Dartmouth College's Ethics Institute and Chairman of ACT's Ethics Advisory Board. "This technique overcomes this hurdle and has the potential to play a critical role in the advancement of regenerative medicine. It also appears to be a way out of the current political impasse in this country and elsewhere." "Our policy will be to work together with the scientific community to make new lines widely available for research," stated William M. Caldwell IV, CEO of ACT. "Our ability to create human embryonic cell lines and therapies without harming the embryo should assuage the ethical concerns of many Americans. We look forward to potentially working with partners to produce significant medical benefit through the use of this technique." "While the continual advancement of science may, from time to time, appear to influence the political debate over human embryonic stem cell research, there are a host of good reasons to continue to allow and fund responsible and well-regulated embryo research, which may speed therapies to the bedside and improve reproductive medicine," said Michael D. West, Ph.D., President and Chief Scientific Officer of ACT. Other ACT scientists who contributed to this paper include Drs. Irina Klimanskaya and Young Chung (co-equal first authors), Sandy Becker, and Dr. Shi-Jiang Lu.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc. is a biotechnology company applying embryonic stem cell technology in the emerging field of regenerative medicine. The company operates facilities in Alameda, California, and Worcester, Massachusetts. For more information about the company, please visit http://www.advancedcell.com.
Forward-Looking Statements
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports, including the report on Form 10-QSB for the quarter ended June 30,, 2006. Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: GOVERNMENT PUBLIC POLICY/LEGISLATION HEALTH BIOTECHNOLOGY RESEARCH & SCIENCE PRODUCT/SERVICE SOURCE: Advanced Cell Technology, Inc.
CONTACT INFORMATION: Media: Financial Dynamics Robert Stanislaro, 212-850-5657 or Investors: The Investor Relations Group James Carbonara, 212-825-3210
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
TYLER, Texas, Aug 23, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced that WW Oil & Gas Inc. has signed a letter of intent and forwarded a initial deposit to acquire the oil and gas lease rights to properties located in East Texas. Biogenerics Limited shares a 50% interest with WW Oil & Gas Inc.
The LOI, which was initiated in early August 2006, calls for the acquisition of the Tubb Lease Oil and Gas Project, located in the Crawar Field in Ward County, Texas. WW Oil & Gas has since added two additional oil production properties to be included in the LOI agreement. The properties are located in the Gray Gulch field in Borden County, Texas.
The Crawar Field has historically been a prolific producer of oil and gas. Nearby leases are owned by Chevron and Amoco among others. In particular, in October of 2000 Chevron re-completed a well 1,200 feet from the location of the first planned re-completion well. The Chevron re-completion well is still currently producing at approximately 28,000 mcfd of gas per month. The same geological structure and pay zones as found in the Chevron re-completion well exist in several areas of the Tubb lease, including multiple wells for re-completion and grass-roots wells. At $70 per barrel of oil and $7 per mcfd of natural gas, estimated reserves of the Tubb Lease Oil and Gas Project exceed $60 million on a total mineral reserves cash basis.
The first recently included property, "Kloh #9," produced 312.6 BBLS of oil per day with 261 mcf natural gas per day in past production testing. The second property, the "Gray" has previous production tests showing 220 bbls of oil per day with 57.7 mcf natural gas per day. With 240 acres and multiple pay zones, WW Oil & Gas is planning to maximize these properties to their full potential.
Biogenerics partner WW Oil & Gas Inc. has committed to commence work on a first well for re-completion in early September. It is likely that the initial work over of the well will produce up to 1400-1600 bbls of oil per month
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
Company in Wall has acted to gain more secure future Posted by the Asbury Park Press on 08/22/06 BY DAVID P. WILLIS BUSINESS WRITER
WALL — Executives at Digital Descriptor Systems Inc., which makes software used by law enforcement agencies, knew they had to invest in the company to increase sales.
But instead of deciding to pump up its own products, in March 2005 the company purchased CGM Security Solutions Inc. for $5 million and went in another direction.
"We were looking for the right company with proven products that we could tap into and acquire that would take us to the next level," said Anthony R. Shupin, 52, chairman, president and chief executive officer of Digital Descriptor Systems.
CGM develops and sells products used to protect unattended objects, such as cargo and packages, from being tampered with.
The company's security products include locks that can secure a cargo container or keep someone from driving off with a truck's trailer. Special tape used on a package or object would leave behind the words "OPEN TAMPERED" if removed or show some other indication it had been disturbed.
It's a big change from the path Digital Descriptor Systems took when it was founded in 1986. The company's software allows law enforcement agencies to store digital mug shots and combine them with other information such as a person's identifying marks.
Over the years, law enforcement agencies, including the Monmouth County Jail, Manchester Township Police Department and Atlantic City Police Department, have signed up as customers.
But Shupin, who became president and CEO in 2003, said companies in the digital identification market were consolidating.
Shupin looked at records management companies that Digital Descriptor could acquire as well as what it would take to rebuild the company's own software.
But those companies were all targeting the same market: criminal justice, Shupin said. "The market itself was too small and too limited," he said.
The new software was not an option either. "It would have cost millions of dollars to re-invest the money just to re-do the software," Shupin said.
CGM fit the company's needs because it had existing products and an appeal in other markets, such as security, he said.
"The timing was very good for us," Shupin said.
In an atmosphere of increased awareness of risk and the need for security, the company's added products are relevant. According to the company, 9 million shipping containers enter the United States each year.
"How do you ensure that what you put into the box, once it gets to its destination, has not been opened, tampered with or stolen, or, with the thought of terrorism, replaced with something worse," Shupin said. "That is what we do."
Meanwhile, DDSI is continuing to market its digital identification system for law enforcement agencies but is expanding its reach to corporate and government customers. "There is still a market for what we do," Shupin said.
Sales have grown since the purchase of CGM. For the first six months of the year, revenue was $2.1 million, compared with $1.02 million for the same period in 2005.
The company had an operating profit of $109,184 for the most recent six month-period compared with a loss of $373,902 last year.
Shupin said the company's customers include the U.S. government, pharmaceutical companies, such as McNeil Laboratories and Pfizer; airlines such as American Airlines; as well as other companies, including General Dynamics, Tommy Hilfiger and American Honda Motors.
Now the company has added to its sales force, hired a European distributor and is in negotiations for a distributor in Asia. Executives also are talking to elected officials to try to spread the word about the company.
"We are putting our efforts to going out into the marketplace," Shupin said.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
| IP: Logged |
posted
MGMX (.006) Acquires Two Mines in the Segovia-Remedios Area of Colombia
TORONTO -- (MARKET WIRE) -- 08/23/06 -- Metro Gold Mines Mineral Resources Inc. (PINKSHEETS: MGMX), is a growing gold mining company engaged in the acquisition and development of production properties in South and Central America.
"Our Company advised our shareholders in a recent press release of a minimum of six mines that had been secured during the corporate meetings that took place in Medellin, Colombia," said Ken Lamb, President of MGM Mineral Resources. "The newest acquisitions will bring our Company's current mine portfolio up to four properties."
The Company's legal team was finalizing all the legal requirements to retain 100% ownership of the lands, along with the respective mining rights. The two properties are Cardenales and Doradal and they are all within the municipality of Segovia-Remedios, Colombia.
Cardenales is the smallest of these new acquisitions at 59 acres and is located in the Remedios area. This property is owned by Director Rodrigo Betancur.
Doradal is the larger of these two confirmed properties and falls within an area of 146 acres. The property is located in the same municipality as La Esperanza, Segovia, and is owned by Director Guillermo Restrepo.
MGM Mineral Resources has acquired 100% rights to these lands. The Directors mentioned above were appointed initially due to their expertise in their respective fields. They were also able to contribute towards the progress of the Company by negotiating the rights to the lands and placing them under MGMX. Nothing was finalized until the corporate meetings took place in Medellin last week.
"Our Directors, Management, and staff are very happy with the rapid growth," said Ken Lamb. "We are moving forward and our direction has never changed. There were several bumps in the road along the way, but, everything is coming together incredibly well at the present time and for the future."
The Company will release further information and technical data from these acquisitions in the near future.
About MGM Mineral Resources (PINKSHEETS: MGMX)
Metro Gold Mines Mineral Resources Inc. is a growing, expertly managed gold mining company focused on acquiring and producing an impressive portfolio of exploration and production properties in South and Central America. MGM Mineral Resources is working to establish itself as a world-class gold company, capitalizing on smart acquisitions, breakthrough technology, modernized operations, deep industry expertise and a strong gold market to cost-effectively produce high quality gold. The company has identified a significant opportunity to exploit proven but under-developed mineral resources in Colombia. MGM Mineral Resources was initially targeting the richest gold zone in Colombia, Segovia, but, is now extending to other areas throughout the country. For more information please visit http://www.mgmmining.com
Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for gold; replacement of reserves; procurement of required capital equipment and operating parts and supplies; equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic activity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies including tax and trade laws and policies; ability to maintain and further improve positive labor relations; and other development and operating risks. Although MGM Mineral Resources believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this report. The company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact: Mr. Kenneth Lamb President 416-214-7847
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
CTUM (.63) Announces Successful Liver and Spleen Surgery Using Tissue Welding Technology Business Editors / High-Tech Editors
CORPUS CHRISTI, Texas--(BUSINESS WIRE)--Aug. 23, 2006-- CSMG Technologies, Inc. (OTCBB:CTUM) announced today 7 cases of ruptured spleen and 8 cases of ruptured liver were repaired during the 1st half of 2005 using tissue welding to seal the liver and spleen tissues without the use of sutures, staples, glues or sealant on the ruptured organ.
Donald S. Robbins, President and CEO of CSMG, said, "The Clinical Hospital N17 in Kiev, Ukraine, trauma treatment center performed the procedures on accident and other trauma victims. The liver and spleen are two of the most difficult organs to treat for rupture. The tissue welding technology group showed shorter surgery time, shorter hospital stays, faster recovery time and almost no blood loss once the organs were sealed."
Prof. A. Makarov, holder of pulmonology chair at the Kiev Medical Academy for Postgraduate Studies said "In the 7 spleen rupture cases the vessels of parenchyma were "welded off" (sealed by welding), which allowed us to save the patient's spleen and avoid a spleenectomy. In the 8 cases of liver ruptures we also achieved hemostasis. In both types of procedures we repaired the organ without use of sutures, staples, glues or sealant."
CSMG owns the technology and exclusive world rights to the medical device for this procedure through Live Tissue Connect, Inc., a subsidiary corporation formed for the development and exploitation of the platform technology.
The tissue welding/bonding technology for repair and reconnection of tissue and hollow organs is smokeless, with little heat migration in the tissue. It results in no necrosis and is without the use of foreign matter or conventional wound-closing devices, such as staples, sutures, glues or sealant. The procedures are almost bloodless. Unlike other tissue coagulation methods that tend to destroy tissue by charring, searing and necrosis, the CSMG-patented technology bonds and reconnects incised tissue using a patented low-heat delivery method aimed at restoring the normal functions of the live organs and tissue. The technology leaves little or no scar visible to the naked eye.
About CSMG Technologies' Tissue Welding/Bonding Technology
Surgeons at 10 Ukraine hospitals and clinics are using the tissue welding/bonding technology in clinical trials, have completed more than 6,000 human surgeries using more than 70 types of open and laparoscopic surgical procedures and demonstrated that the technology is universal in its ability to repair soft biological tissue. These surgeries included lung, neuro-surgery, nasal septum, intestine, stomach, skin, gall bladder, liver, spleen, blood vessels, nerves, alba linea, uterus, bladder, gynecology, fallopian tube, ovary and testicles, and dura-matter. Cosmetic surgeries conducted with this technology include breast reduction, breast implants, mastopexy and abdominal plasty. The procedure involves little or no scarring, while restoring the normal function of the body organ or tissue.
The technology was invented and developed at the internationally renowned E.O. Paton Institute of Electric Welding, National Academy of Sciences of Ukraine at Kiev, Ukraine, headed by Professor B.E. Paton. United States and Australia patents have been issued with other U.S. and foreign patents pending.
For further information on CSMG Technologies and its various subsidiaries, please visit our website at http://www.ctum.com.
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
KEYWORD: NORTH AMERICA NEW YORK TEXAS UNITED STATES INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY HOSPITALS MEDICAL DEVICES RESEARCH & SCIENCE PRODUCT/SERVICE SOURCE: CSMG Technologies, Inc.
CONTACT INFORMATION: CSMG Technologies, Inc. Donald S. Robbins, 361-887-7546 or K. Bruce Jones, 770-955-0409 or ROI Group Associates, Inc. Michael Dodge, 212-495-0744 mdodge*roiny.com or Bob Giordano, 212-495-0201
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
SLJB (.068) Sulja Bros. Building Supplies Completes Asset Transfer
WINDSOR, ON -- (MARKET WIRE) -- 08/23/06 -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) completed the asset transfer to the State of Nevada. Sulja Bros.' attorneys have paid all creditors and liens on the assets prior to the move. The balance sheet has been forwarded to auditor to complete our financials.
CEO Steve Sulja stated: "The State of Nevada has received the assets. The balance sheet has been sent to our auditor and we expect to have the audited financials completed in mid-September. We are pleased to update our shareholders of the asset and audit progress. KPMG and Price Waterhouse Coopers will complete the audit and the assets are contained in the upcoming audited financials. Our shareholders have requested an update through Marquee Asset Management and we are listening to the concerns. We continue to gain new work and have some exciting updates to be released."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
