Wireless Age -- Appointment of New Directors 8/24/2006
TORONTO, Aug 24, 2006 (PRIMEZONE via COMTEX News Network) -- Wireless Age Communications, Inc. (OTCBB:WLSA), a leading supplier of solutions to the Canadian wireless communications industry, announced today two newly appointed members of the Company's Board of Directors.
Effective August 24, 2006, Mr. David Valliere and Mr. Glenn Poulos have been appointed as directors. Mr. Valliere will be considered an independent director. Mr. Glenn Poulos is President of the Company's wholly owned subsidiary, mmwave Technologies Inc., and will therefore be considered an executive director.
Mr. Glenn Poulos, a substantial shareholder of the Company, and the brother of Mr. Brad Poulos, is a seasoned wireless and telecommunications executive with over 15 years experience in such capacity. Mr. David Valliere is currently an Associate Professor at the School of Business Management, Ryerson University and has served in several senior management and executive roles over the last 19 years with the Canadian banking industry, telecommunications and venture capital.
Mr. Brad Poulos, Chairman, President and CEO commented: "I would like to welcome David and Glenn to the Board of Directors; their appointments will satisfy our requirement to replace two departed directors earlier this year. Glenn through his operational responsibilities at mmwave will provide the Board with an additional dimension of knowledge as we aggressively grow that business unit. David's vast business and academic experience and contacts will also make a substantial contribution to our Board."
"I'd also like to assure everyone; we are working on a state of the nation address for the Agoracom website. In order to do justice to the task, I've asked all business unit executives to provide me with additional knowledge of their respective operations and thoughts as to our performance for the remainder of fiscal 2006. It's going to take a little longer than anticipated. Meanwhile, I can comment that post-closing of the Barron financing in early August, operating levels have increased dramatically especially in the commercial business segment. August is shaping up to be an exceptional month. Our efforts arising from the new Vancouver regional operations centre are ramping up, we've received an indication of what is expected of us under the new contract and we expect to meet all operating plans in that area."
For all Wireless Age investor relations needs, investors are asked to visit the Wireless Age IR Hub at http://www.agoracom.com/IR/WirelessAge where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to WLSA*agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
About Wireless Age Communications Inc.
Wireless Age's operations are segregated into two distinct segments, Retail and Commercial.
Retail:
Wireless Age retail outlets sell next generation wireless products and services to business and individual end users in Saskatchewan and Manitoba.
Commercial:
Within the Commercial segment, mmwave does specialty distribution and network engineering and integration, for carriers and manufacturers of communications equipment in Canada. Wireless Source distributes prepaid phone cards, wireless accessories, land mobile radios, batteries and ancillary electronics products to dealers throughout North America. Wireless Works operates broadband public access and private networks in Southern Ontario, and develops and deploys consumer and commercial products for those networks.
The company is a recognized leader in the wireless industry in Canada and is a member of the WiMax forum, as well as a very active member of the Canadian Wireless Telecommunications Association.
This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Wireless Age Communications, Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Wireless Age Communications, Inc. SEC filings. Wireless Age Communications, Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age Communications, Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Wireless Age Communications, Inc.'s SEC filings.
David Keaveney, President and CEO of MotorSports Emporium Inc., Provides Significant Progress Report and Update in an Audio Interview at SmallCapVoice.com Business Wire - August 24, 2006 14:11
AUSTIN, Texas, Aug 24, 2006 (BUSINESS WIRE) -- SmallCapVoice.com, Inc. today announced that a new audio interview is available at SmallCapVoice.com. The featured guest is David Keaveney, President and CEO of MotorSports Emporium Inc. (OTCBB:MSEP). The Company recently announced that the Company has completed the purchase of all 2,671,817 shares of its issued and outstanding Series B Preferred Stock ("Pf B Shares") in three private transactions. The interview features Mr. Keaveny's personal insight into this move and all of the company's recent news. The interview can be heard here at http://www.smallcapvoice.com/msep/msep-8-24-06.html.
About MotorSports Emporium, Inc.
MotorSports Emporium Inc. is a fast-track, multi-faceted and diversified company in the motor sports industry targeting INDY, NASCAR, Formula 1 and other racing series, spectators, classic car and high performance auto enthusiasts, professional and amateur mechanics and discriminating consumers in search of high quality auto parts and accessories. MotorSports Emporium's marketing plan is to reach consumers through mass market retailers, auto parts suppliers, and home television shopping networks, infomercials, industry and consumer trade shows, and consumer direct advertising (television, magazine and Internet). For more information visit www.motorsportsemporium.com.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate consulting firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html or call 512-267-2430.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
SOURCE: SmallCapVoice.com
MotorSports Emporium Inc. David Keaveney, 480-596-4002 davidk*motorsportsemporium.com
Copyright Business Wire 2006
-------------------- "As long as there are dreamers, there are dreams that will come true."
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RMDG (PINKSHEETS: RMDG) is in the final stages of transition from a development company to a fully functional corporation bringing various products to market. We have achieved this in a short time frame of about ten months. A true achievement, considering we had to first do a massive restructuring of the company and change the business focus from defense contracting to multimedia conglomerate with a focus on hip-hop content. Yesterday's announcement of the closing of our Regulation D,504 financing was welcome news to all and I wanted to take the opportunity to update shareholders on our remarkable progress.
Here is an update on our many initiatives.
1. Block Star DVD Magazine
The Company's long-awaited and highly anticipated DVD magazine project, Block Star DVD Magazine, officially hit the shelves of traditional 'bricks and mortar' retailers in the U.S. earlier this month. This DVD is the first of many RMDG projects to become available for consumer purchase through traditional retail channels. While RMDG has a stronghold on the digital arena, this is their first offline product delivery. Block Star DVD Magazine will continue to be available through Amazon.Com; however, it can now be found at Best Buy Co., Inc. and all Trans World Entertainment locations which include Wherehouse Music, Sam Goody, Suncoast and many more.
U.S. distribution is being handled through longtime distribution pioneers, Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal and Video Distribution, while The Pickwick Group Ltd. of London will handle retail placement abroad. Beyond instant 'off the shelf' profitability, RMDG executives continue to work with the creative forces behind The Block Star DVD Magazine to explore non-traditional ways for a project this unique to reach the ideal consumer -- like making it available on Sony's PSP(TM) gaming and media platform or as a bonus feature accompanying other RMDG products. On the more traditional side, RMDG executives are quick to point out the extremely profitable advertising potential that is being realized through our new relationship with Google Video. Block Star DVD Magazine is showing great promise for us and executives from Bungalo Records and Universal alike are encouraged enough to suggest a regular release of the product on a bimonthly basis.
2. Roc Monee
Earlier this year, our rising star Roc Monee delivered with his performance at Zanzibar in Washington, D.C. He was also showing his overall ability to generate revenue for RMDG. In spite of the intimate venue, Roc Monee's live performance was able to generate over $25,000.00 in net revenue for the RMDG Entertainment family. The intended purpose for the evening was for Roc to tape his first of many appearances on the Real Hip-Hop Network (RHN); however, his performance obviously had a significant impact on the live crowd at Zanzibar as well by turning the evening into an unforgettable live event. Roc Monee has also secured his own one-hour special on the Real Hip-Hop Network (RHN). The special is currently set to air in late September around the release of Roc's highly anticipated debut album -- "Diamond In The Rough." We are heavily promoting him at the national radio level -- preparing his fans for an amazing album. Roc Monee is loved by his fans and the media -- we expect huge numbers from him.
His single "Overdrive" is being serviced to all major hip-hop radio stations around the country with a heavy emphasis on traditional terrestrial giants like Clear Channel, Archway Communications, Access 1 Communications, Cumulous Broadcasting Inc, Welch Communications, Radio One Incorporated and satellite pioneers like Sirius Radio and XM Radio. Currently, "Overdrive" has taken the airwaves and clubs by storm. It is in rotation in 31 radio stations across the country including but not limited to KBTT-FM, KMLL-FM, KBLR-FM, KHTE-FM, WBTJ-FM, WOWI-FM, WJUC-FM, WERQ-FM, WJBT-FM, WHHH-FM, and HOT 97-FM. All of our target radio stations should be serviced by the end of this week and we expect more stations to be added to the existing list, which is already impressive for a new artist. We anticipate weekly or biweekly updates for shareholders on our radio campaign via press release.
A promotional campaign like this is used to create demand for Roc Monee's album by large retail outlets like Target and Best Buy. Bungalo Records (exclusively distributed by Universal Music and Video Distribution) will service the U.S. retailers directly on behalf of RMDG. The precise in-store date for the album's release is determined with the retail outlets' input based on predicted sales -- it will hit shelves in early Fall of '06 on September 26th. RMDG will also release the album in digital and ring-tone formats through their 60 digital distributor list including familiar names such as iTunes, Sony Connect, Jamster, and more.
Roc Monee recently wrapped the video shoot for "Overdrive." Lamont Liquid Burell, one of the industry's brightest up-and-comers, directed the video and was blown away by Roc's natural ability to shine. Burell has worked with the likes of Alicia Keys and reported that Roc was a star whose charisma and raw energy were made for the camera. The video is in final stages of the editing process and is expected to be completed next week. Once completed, the video will be serviced to key players such as MTV, VH1, RHN, and BET, much like the radio stations were. Video rotation will not only impact Roc's sales, it will also convince any radio stations to increase their plays for him. Roc will have many more opportunities to shine on film in the years to come, including his upcoming special on The Real Hip-Hop Network (RHN).
To increase Roc's visibility we are booking as many promotional appearances as we can for him to meet and greet his fans and perform selected tracks from his album. He performed last week with the girl group Lover and is slated for a September 8th performance in Atlantic City for The FunkMaster Flex Car Show. As the September 26th release date approaches, Roc will be doing a lot of phone-in radio interviews with the stations that support his album and will be seen doing in-store appearances with major store chains and mom and pop chains alike that carry his album. Two weeks prior to the album release, street teams will be servicing major metro areas around the country with posters, sample CDs and other advertising materials to help push sales and awareness as well.
Management is very pleased with the progress of Roc's project thus far. In conjunction with several key industry professionals we have working on "Diamond in the Rough," we believe we have no less than 5 singles (songs) to service radio with and are committed to doing so. We are fortunate in the fact that normally there are one or two songs that will be serviced to radio in the attempts of raising awareness and interest in an album project. RMDG had a good dilemma in that there were so many strong tracks, we had a hard time picking the first one to service.
This does not happen often, however, there have been some examples of albums this strong. Bobby Brown's first solo album had 5 singles (songs) serviced to radio including "MY PREROGATIVE," "TENDERONI," "EVERY LITTLE STEP I TAKE," and "DON'T BE CRUEL." What resulted was multi-platinum success and strong sales for the album during the first 9 to 12 months and it still sells units today.
Although I am not guaranteeing platinum performance of the album, we are convinced that the potential for rather significant sales is there and we will service numerous tracks to radio to spike sales. Roc has given us an exceptional product to sell and we thank him for all of his creative efforts. To be lucky enough to have an initial flagship project like this to service our distribution matrix with is truly a blessing.
3. Big Kuntree
Big Kuntree is in the last phases of recording his debut album for us. We expect it to be completed within 30 days at which time we will begin the process that we have already put into place with Roc Monee (see above). Samples of Kuntree's tracks have been played to the same promotional team that is working Roc's album and many feel that this one is just as strong. We expect his album to be released maybe late fourth quarter this year, most likely early first quarter 2007.
4. Heavy D
With names like Sean "Diddy" Combs, Anthony Hamilton, and Heavy D himself producing tracks on the album, we are firmly planted among some of the biggest names in the history of hip-hop. We are honored to be in a position to deliver a project of this caliber to the masses. We at RMDG have set the bar extremely high with regard to quality of projects we get behind -- the Heavy D project is merely the tip of the iceberg. Heavy D has been attracting international acclaim on several levels; however, this project is particularly hot. Originally set for release later this year, Heavy and the executive team at RMDG agreed to put our feet firmly into getting the project aligned with his fan base which is different than the 14 to 24 demographic that Roc and Kuntree are pursuing. He is targeting the 25 to 35 demographic who grew up with hip-hop that feel they don't have a large choice in today's market when buying music. Most of this demographic has been relegated to buying past catalogue releases to get their musical fix. Heavy and RMDG are working together to align the project with key publications that could assist in our success like Essence and Vibe magazines. We will be very deliberate and careful in our promotional campaign as we see a lot of potential in this project. The final release date will be determined by our team acknowledging that it has put all of the "out of the box" promotional pieces in place so we can best service this most important project by a true hip-hop legend.
5. MoTV Inc.
MoTV Inc., formerly a privately owned entity, has been working alongside an RMDG development team for the last two years to bring a brand new mobile experience to the marketplace in 2006. The finished product can best be explained as a real-time broadcast similar to the original MTV platform -- coupled with an interactive retail element reminiscent of the Home Shopping Network. This new hybrid mobile network not only delivers a totally new experience for the viewer, it also introduces three distinct revenue streams for network supporters: advertising, subscription, and retail. With deals being structured around the globe for our overwhelming content, MoTV Inc. is our own delivery vehicle designed to capitalize on the content we've worked so hard to amass. This technology by itself provides an unparalleled experience to the end user by delivering entertainment and retail interactivity to any mobile phone or device. This goes far beyond the current goal in the industry, which puts such a heavy emphasis on content; we are delivering real-time interactive content, which empowers the audience with the tools necessary to be entertained and shop simultaneously. Utilizing RMDG's massive global hip-hop influence, we structured MoTV Inc. technology in such a way that there doesn't need to be one central hub for global content delivery, which means that we aren't limited by traditional bandwidth issues and our network is ready for implementation on a global scale as we speak
In July we announced the completion of the pilot episode of their highly anticipated original series entitled, "Hip-Hop Tonight(TM) With Jay Milla." The pilot episode marks the first in a series of new original projects being produced specifically for the mobile platform. To penetrate the market on multiple levels, we will have multiple versions produced for global redistribution. The objective is to utilize the original RMDG content as an advertising vehicle with key relationships they have in place with industry giants like Google, AOL and the Real Hip-Hop Network, to name a few. While the primary function is to create powerful street driven content, the other network avenues open the door to enormous advertising potential and massive global exposure for the RMDG brand.
MoTV Inc. has evolved into a content delivery platform company, a program production house, and content management corporation. In 2007, we expect significant revenue from this subsidiary. Revenue has begun trickling in from this initiative this month and we expect it to increase dramatically on a monthly basis as we distribute more of our content globally through the MoTV platform and other platforms like Google, and AOL.
6. RHN
Not too long ago, RMDG entered into a strategic partnership with the Real Hip-Hop Network (www.rhn.tv), arguably the largest multimedia hip-hop content resource in existence with over fifteen thousand (15,000) hours of original programming in the can. According to the parameters of the agreement, RMDG will have complete discretion with respect to the global distribution of all RHN content and is entitled to 50% of any revenue generated as a result of RMDG involvement. By utilizing our longtime relationships with Bungalo Records (exclusively distributed by Universal Music & Video Distribution), The Pickwick Group Ltd. and over sixty digital music distributors, RMDG Entertainment will instantly convert content to capital through both traditional and alternative distribution channels.
The Real Hip-Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. By the end of 2006, RHN will reach over 17 million homes nationwide via cable and satellite, which gives this deal with RMDG that much more impact. Not only will RMDG now have a massive cross-section of its ideal demographic to introduce its artists, products and alternative content distribution to, but it will also be able to capitalize on the staggering advertising possibilities that come with that level of market penetration.
Along with our other RHN projects, we will co-produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMDG/RHN production. RMDG's own Roc Monee recently performed in Washington, D.C. with LL Cool J...the show was taped for later broadcast on RHN; however, the crowd was blown away by Roc's performance and showed their support at the door.
Beyond that, we recently announced our deal with the Real Hip-Hop Network to be a primary content provider for the highly anticipated MoTV platform by co developing a mobile network devoted strictly to RHN programming. The Real Hip-Hop Network will be the primary provider of applicable hip-hop content for MoTV over the next five years and the two companies will equally split all revenue generated as a result of the new mobile network. Tentatively called "MoRHN," this new network can utilize the proprietary MoTV technology to bypass traditional cable barriers and deliver RHN programming directly to the consumer via any IP (Internet Protocol) enabled mobile device.
July marked a leap forward for our relationship with RHN as we announced that through a landmark distribution deal with MHz Networks, the Real Hip-Hop Network (RHN) will air in over 2 million D.C.-area households from 12:00 am to 6:00 pm -- six days a week. This additional viewership is in addition to their previous viewer numbers, which reached well above 15 million. The new outlets carrying the network are as follows: Verizon FIOS (Channel 34 in DC/31 in MD/31 in VA), Adelphia (Channel 25 in Spotsylvania/Richmond/Stafford), Dish Network (Channel 53 or 8084), Metromedia (Channel 18 in King George County) and DirecTV (Channel 53 or 971).
We are most excited about our recent announcement regarding Real Hip-Hop Network; collectively, we are rolling out its initial 35-hour block of original content -- specifically engineered for use with Google Video platform. RMDG recently entered into an alignment with Google Video for the specific purpose of delivering quality content, in exchange for a substantial share of the advertising revenue generated along the way. RMDG and RHN will consistently deliver cutting edge content to the Google Video millions, while being able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities.
Atton Muhammed, CEO of RHN, and I are dedicated to expanding our strategic partnership far beyond normal expectations. We share a common understanding of the potential earnings in hip-hop media as well as the shortcomings of the status quo of our industry (hip-hop). I am confident that our relationship with RHN will bring us major earning power for years to come as well as tremendous promotional power for our music and DVD products. Soon, many people will associate RHN and RMDG in the same breath as one in the same, striving for excellence and change.
7. Google
We recently signed an agreement with Clayton Entertainment (www.claytonentertainment.com), which enables them to feature our entire content library on Google Video. After dealing with Clayton Entertainment for a short time, it became quite evident to Anthony Lucas (CEO, MoTV Inc.) and me that they were not big enough for our plans and could not facilitate our vision or requirements. In response to this Anthony met directly with Google, presented our position, and we signed a deal directly with the Internet giant to become content providers. This step marks a profound evolutionary step for RMDG and our original video distribution model. According to the deal, Google Video will now be the premier distribution platform for all RMDG multimedia content including, but not limited to, artist videos, live concert events and the bulk of the 15,000 hours of urban media programming acquired from their recent deal with the Real Hip-Hop Network (RHN). Through our relationship, RMDG will now be able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities. Multimedia business platforms are changing every day because they are still in their infancy. Google remains both flexible and creative in its approach to working with us. We see major revenue and promotion opportunities working with Google and are excited about the prospects of working within a framework that provides a network of 350 million visitors a day to its portal.
8. The New RMDG Website
Our web marketing and design team are putting the final touches on the new RMDG corporate website. Many of the top professionals in the Internet design community have been diligently working for months on delivering a website that mirrors RMDG's commitment to bringing the highest quality artists, products and projects to the entertainment marketplace. The new site is live and can be viewed at http://www.rmd-entertainment.com. However it is not in its final stages of development. I have directed the design staff to make the site able to support multimedia platforms for press release purposes. So in the not too distant future you will be able to see letters like this one delivered via video feed on the site for shareholders to view promotional items as well. We will continue to push the envelope in our corporate appearance as we evolve.
In conclusion, I feel the most difficult times for the company are over and we have grown tremendously. We stuck to our guns and our plan no matter what people said or thought and it was that spirit of conviction that put us in the position we are today. Now we have the luxury of selling our products on a global scale with the support of industry giants such as Google, Universal, AT&T, ITunes -- just to name a few. It has been my staff's and my own pleasure to serve the shareholders and the company during this time. This is where the fun begins for us. Now we can begin to realize our vision and corporate potential as we hit the road running for the first time. The future looks very promising for us all. I thank you for all of your support.
God Bless,
Giorgio Costonis CEO RMDG "Where Hip-Hop Meets Wall Street"
Arvana Inc. (Formerly Turinco) Establishes European Base with the Acquisition of Hallotel GmbH 8/24/2006
VANCOUVER, British Columbia, Aug 24, 2006 (BUSINESS WIRE) -- Sir John Baring, Bt., chairman of Arvana Inc. (OTCBB:ARVI) ("Arvana"), a corporation focused on developing IP-based telephony services on a global basis, today announced that Arvana has successfully closed the acquisition of Hallotel Deutschland GmbH.
The purchase price was five million Euros, satisfied by a cash payment of 500,000 Euros, the issuance of 3,541,700 restricted common shares of Arvana and a promissory note for 250,000 Euros to be paid within 60 days.
Hallotel, a company based in Frankfurt, Germany, was established in August, 2000 and is a telecommunications service provider currently focused on the provision of long-distance telephone calls between Germany, Austria, Switzerland and Turkey. Hallotel has an established subscriber base with revenues approaching 4 million US dollars in 2005. Hallotel's switching facilities and agreements with incumbent carriers enable its customers to make calls between cities in Germany, Russia, and Turkey at highly attractive rates. As an example, members of the Turkish community living in Germany who make frequent calls to their families and friends in Turkey find the Hallotel service particularly attractive.
The services currently provided by Hallotel primarily comprise:
-- Carrier Pre-Select, a service that allows the customer to route all their outgoing calls through Hallotel's inexpensive carrier partners;
-- Call by Call Pre-Select, which is essentially the same but allows the user to select Hallotel for specific calls;
-- Wholesale Carrier Services, where Hallotel terminates long-distance telephone traffic from these wholesale carriers in Germany and Turkey; and
-- Calling Cards, which Hallotel already distributes through a network of resellers in Austria and Germany. Hallotel markets these cards with promotional offers and calling rates that are particularly attractive for those customers that call Turkey frequently. All Hallotel calling cards are prepaid.
Arvana plans to deploy its telephony technology in Germany as part of its acquisition of Hallotel. "With the addition of the Arvana VoIP and billing platform, we now plan to offer a variety of new services in many new countries across the region," said Teyfik Ozcan, General Manager of Hallotel, and now Vice-President, Europe & Middle East for Arvana.
The acquisition of Hallotel is a key step in Arvana's growth strategy, providing it with an established base from which to deliver its advanced telephony services across the countries of Europe and the Middle East.
About Arvana Inc.
Arvana Inc. operates through Arvana Networks and its subsidiaries and plans to service the growing international demand for Internet telephony solutions by providing inexpensive long-distance and international phone calls.
Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although Arvana believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. A key factor that could cause actual results to differ materially from those described in these forward-looking statements is the inability of Arvana to obtain the financing necessary to achieve its business plans. Key facts that could result in actual results Arvana encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB, Form 10-QSB and Form 8-K. Arvana's public filings may be viewed at www.sec.gov. These public filings include additional risk factors that could cause actual results to differ materially from those described in any forward-looking statements.
SOURCE: Arvana Inc.
Arvana Inc., Vancouver Iain Drummond, 604-684-4691 (office) 604-727-1767 (cell) iain.drummond*arvana.net
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits
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MAX Resource's JV partner completes work program on Diamond Peak Gold/Zinc Property in Eureka County, Nevada 8/24/2006
VANCOUVER, Aug. 24, 2006 (Canada NewsWire via COMTEX News Network) -- TSX-V Symbol: MXR
OTC BB Symbol: MXROF
Frankfurt: M1D
VANCOUVER, Aug. 24 /CNW/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has been advised by Kokanee Mineral Inc. that it has completed in excess of $100,000 in exploration work on MAX's Diamond Peak Property in Eureka County, Nevada and satisfied its first year work commitment. MAX has granted Kokanee the option to earn a 51% interest in the Diamond Peak Property by spending $1,000,000 on exploration over a three year period and making certain cash and share payments.
Kokanee has contracted with SJ Geophysics of Delta, B.C. to conduct a "3-d" Induced Polarization ("IP") survey on the Diamond Peak property. This 3-d survey will utilize computer data interpretation to provide a comprehensive model which will enable the IP to not only measure along the line of survey but between the lines.
This survey was completed in June 2006 over a total of 4 kilometres of strike length and the data is currently being interpreted for inclusion in a National Instrument 43-101 Geological Report being prepared on the Diamond Peak property for Kokanee Mineral Inc.
The Diamond Peak Property is located at the southern end of the prolific Carlin Trend of Nevada, which contains numerous gold deposits. The property comprises 38 claims located 32 miles north of the town or Eureka, Nevada and the Archimedes gold deposit owned by Barrick Gold Corporation. Strong surface mineralization occurs in a 2 mile long band of intensely clay altered rocks, 200 to 300 feet wide, on the hanging wall side of a major north striking normal fault, called the West Fault.
During previous work done by MK Gold in 1999, which included 17 holes and 10,085 feet of drilling, they encountered gold and base metal values that included:
<< - 5 feet of 0.067 oz/st Au in hole DV 99-4 and 5 feet of 0.062 oz/st Au in hole DV 99-5; and - 11.6 % of Zinc over 5 feet within 60 feet of surface along the West Fault in the Chainman formation in hole DV 99-15. >>
The base metal values were not considered significant and were not part of further considerations. However, current prices of zinc, silver, and lead make this an important target for further exploration. There are three intrusives that contain significant base and precious metal signatures along their edges that have not been drilled and could contain skarn mineralization that may be economic. The geophysical survey was conducted by Kokanee to better define the intrusive contacts and define drill targets for the next phase of exploration.
The information by MK Gold was not NI 43-101 compliant (and predated NI 43-101). There has been no NI 43-101 Geological Report completed on the Claims or on the Diamond Peak project. The historic information provided is for reference only and the reader should not infer or assert that the information is correct, reliable, relevant or accurate and should not be relied upon. Any mineralization or drilling estimates relating to the Claims are historical in nature, have not been verified by the issuer's qualified person, and should not be relied upon.
This news release has been reviewed by Mr. Clancy J. Wendt, P. Geo, a "qualified person" as that term is defined under National Instrument 43-101.
About MAX Resource Corp.
MAX Resource Corp. is a Canadian mineral exploration company focused on Uranium exploration, with properties in the U.S. and Canada. In addition, it holds highly prospective gold properties in Nevada and Alaska that have additional potential for Molybdenum (Alaska) and Zinc (Nevada). For more information, please visit our web site at www.maxresource.com.
On behalf of the Board of Directors of
MAX Resource Corp.
"STUART ROGERS"
Stuart Rogers
President
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
This News Release includes certain "forward looking statements". Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause MAX's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.
SOURCE: Max Resource Corp.
Leonard MacMillan, Corporate Communication, Telephone: (800) 248-1872 or (604) 637-2140, info*maxresource.com, www.maxresource.com
Copyright (C) 2006 CNW Group. All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits
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TCOM Announces Launching a New Formation IT Services Firm in China, Focuses One Million SMEs Internet Business Services Market 8/24/2006
HONG KONG, Aug 24, 2006 /Xinhua-PRNewswire via COMTEX News Network/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) the Total Solutions Provider, announced today that its wholly-own subsidiary, a new formation IT services firm called Guangzhou TCOM Computer Technology Limited ("GTCT"), has launched its business in China.
"We are launching a new formation of a wholly-owned IT Consulting and Developing firm to provide full services to SMEs, Internet business services of IBS v5.0 and online college e-learning businesses, which focuses on a more than $1 billion market in China," said Tim Chen, CEO of TCOM.
GTCT has hired 9 full time R&D engineers, 29 full time sales engineers and more than 200 part time sales representatives in China. Mr. Tim Chen is the president, Mr. Victor Li is the vice president of GTCT.
About Telecom Communications, Inc.
Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. (http://www.icstarmms.com), 3G Dynasty Inc. (http://www.skyestar.com) and Guangzhou TCOM Computer Technology Limited.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact: Ms. Sandy Tang Telecom Communications, Inc. Tel: +852-782-0983 Email: pr*tcom8266.com
SOURCE Telecom Communications, Inc.
Ms. Sandy Tang of Telecom Communications, Inc., Tel: +852-782-0983, or Email: pr*tcom8266.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
TCOM Announces Launching a New Formation IT Services Firm in China, Focuses One Million SMEs Internet Business Services Market
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-------------------- The difference between genius and stupidity is that genius has its limits
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BSI2000, Inc. (OTCBB: BSIO) - Wednesday's shares stayed even at $0.0080. The volume was at 297,500. BSI2000, Inc. , a developer of high-end security systems for commercial and governmental use, today announced that it has engaged Transition Partners Limited of Boulder, Colorado to provide analysis and advice to the Board of Directors regarding possible financing or other strategic alternatives that may include sale or merger of the Company.
BSI2000, Inc. is headquartered in Lakewood, Colorado. The Company designs, builds, and sells high-end security related products for the homeland defense, entry/exit access control, and identification markets. The Company develops and sells patented and patent-pending systems for identifying, authenticating, and tracking people and their activities by combining biometrics, electronic ID cards of various types, sensors, extensive embedded software, and advanced cryptography
-------------------- "Simplicity is the ultimate sophistication"
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