posted
DIAAF (.0024) Begins Marketing Its Consumer Friendly Products Directly to Major Grocery Chains in the U.S. and Canada
Market Wire "US Press Releases "
TORONTO -- (MARKET WIRE) -- 09/19/06 -- Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce today that, through its wholly owned subsidiary, Diamant Film Inc., it plans to begin a full blown consumer marketing campaign designed to target consumers via their local grocery stores. The announcement was made by Stefan Gudmundsson, CEO of Diamant Film.
Concurrently, the company has re-engineered its packaging with a more user-friendly display box to accommodate grocery chains and consumers. Diamant has identified a major supermarket chain, Bristol Farms, and Albertsons as three initial potential retail outlets for Diamant products, and the company is currently strategizing with its internal team regarding other major retail chains throughout the U.S. and Canada.
Diamant has already reached the critical point in China and most of the Orient with regards to distribution of its food wrap products. The opportunity for Diamant to gain further market acceptance in those locations is large, as other food wrap products containing PVC have now been outlawed and banned in those locations.
National television commercials promoting Diamant's consumer friendly products will be produced within the year and media time will be purchased in order to present the company's products directly to consumers.
"We have made major strides with our superior products and look forward to further showcasing them directly to the public via national television. We want the general public to decide which product is better and safer for their families -- those food wraps with PVC or Diamant Film," stated Mr. Gudmundsson.
About Diamant Art Corporation
Diamant Art Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured the exclusive marketing and distribution rights in the United States, Territory of the People's Republic of China, Canada, Mexico and the Bahamas to Diamant(TM) film, a non-PVC food stretch film.
Diamant(TM) film is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant(TM) film has recently received the ECO logo certified by the Environmental Choice (M) Program. The Environmental Choice (M) Program is North America's leading benchmark of environmentally responsible products and services. Diamant(TM) film has successfully met the criteria for both the environmental and performance standards.
Safe Harbor
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company has filed with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
For further information, please contact:
Media Contact: BZCOM Communications Mike Garfinkel Mikeg*bzcom.com 818-865-9898
Investor Relations Contact: Taylor Capitol, Inc. Stephen Taylor Phone 973-351-3868 E-mail: stephtayl9*aol.com or visit our website at http://www.diamantfilm.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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E Cubed Technologies Launches New Website 9/19/2006
MAITLAND, Fla., Sep 19, 2006 (BUSINESS WIRE) -- E Cubed Technologies, Inc., a wholly owned subsidiary of Signature Leisure, Inc. (OTCBB:SGLS) recently announced that the company has launched a new website located at http://www.ecubedtech.com.
Evan Weybright, Vice President of Operations, stated, "With the launch of the new website, we hope to more broadly communicate the full range of products and services we offer to prospective clients in the greater Orlando and Central Florida region."
Additionally, Weybright stated, "E Cubed Technologies is a full service IT and systems consulting group designed with our client's businesses in mind. We pride ourselves on comprehensive service and support that doesn't work from the philosophy of what can be done but what should be done to best meet our client's goals in aspects of both technology and business."
Services offered by E Cubed Technologies, Inc. include:
-- Computer and network IT solutions - In the ever changing world of business, information and communication are the keys to being a leader in any market. Small business servers and robust remote access solutions along with a bulletproof infrastructure designed for your business can give you the edge you need to press forward.
-- Document management solutions - E Cubed Technologies specializes in helping companies cut long term costs and improve customer service levels hindered by the unnecessary and inefficient presence of one thing: Paper. Digital document storage and retrieval can make any business more efficient and more profitable.
-- Software products and custom design - The constant evolution of information technology brings new and better software products for virtually every type of business imaginable. E Cubed can help your business identify the proper software for any task or type of operation. Whether through existing applications or specialized design custom to your needs we can show you how to make the systems work for you.
-- Web and graphic design services - The business world of today is a cutthroat place filled with up to the minute lead generation, aggressive marketing tactics, and more cutting edge marketing avenues available than ever. Every successful business needs the proper image in the dominant realms of digital media and web presence. At E Cubed, we can help you identify the most effective ways to market on as well as help you get the site and content you need without maxing out your budget.
About Signature Leisure, Inc. (OTC BB: SGLS) - Signature Leisure, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol SGLS. For more information about Signature Leisure, Inc., please visit the Company's website at http://www.signatureleisure.com.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
SOURCE: Signature Leisure, Inc.
Signature Leisure, Inc., Maitland Stephen W. Carnes, 407-599-2886 info*signatureleisure.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
watch carefully tomorrow crash or explosion - not clear yet
SGI (SGID) today announced that its Plan of Reorganization has received judicial confirmation, setting the stage for the company's emergence from Chapter 11 in October 2006.
At today's hearing, Judge Burton Lifland ruled that all the necessary requirements have been met for SGI to implement its Plan of Reorganization. Every voting class of creditors voted overwhelmingly in favor of the plan.
"This is a great day for SGI. We have accomplished so much in just five months, reaching our confirmation on the fast track that we expected," said Dennis P. McKenna, CEO and Chairman. "As we emerge, the recapitalization of the company will be complete. We have eliminated the legacy debt, improved our liquidity and stabilized the business. We have also taken out significant costs -- $150 million on an annualized basis. We have re-engineered the company and have a strong leadership team that will be executing this plan. Also of significance to the growth of the company is that during this time, we retooled and aligned our product portfolio to the strategic direction of the company. I want to thank our customers, vendors and employees for supporting the company through this challenging period."
Today SGI also announced it has received commitments for exit financing. The financing facility consists of an $85 million term loan from Morgan Stanley Senior Funding Inc. and a $30 million line of credit from General Electric Capital Corp. that will be used to pay off the existing DIP financing, make distributions pursuant to the plan, and provide working capital for the Company's ongoing operations.
The Plan of Reorganization is available at www.sgi.com/reorg. The documents also will be available via the court's website at www.nysb.uscourts.gov. Please note that a PACER password is required to access the documents via the court's website. SGI's bankruptcy case number is 06- 10977 (BRL).
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
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VANCOUVER, Sept. 19 /CNW/ - Tumi Resources Limited ("Tumi" and/or the "Company") (TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). David Henstridge, President, is pleased to provide an update on three of the Company's properties located in northern Sonora, Mexico.
Phoenix.
On the Company's 100%-owned Phoenix property, a grid has been established over the western part of the property where wide zones of hematite and carbonate altered volcanics and sediments occur. Rock sample results from previous reconnaissance surveys were announced in a news release on June 28, 2006.
The grid covers an area roughly 10 square kilometres, with lines spaced 50 metres apart. So far, 130 rock chip samples have been shipped to the laboratory for analysis and sampling is ongoing. The target model sought on Phoenix is a structurally controlled, low-grade, bulk tonnage gold/silver deposit similar to the nearby Herradura mine and Chanate and Lluvia del Oro/Jojoba deposits.
The Company also advises that it is no longer pursuing the acquisition of the San Felix and San Carlos gold-silver properties which had been previously announced in the Company's press release of July 17, 2006.
Los Tamales.
The Company has recently acquired through staking the 22 square kilometre Los Tamales property. The area is underlain by mostly granitic rocks exhibiting a strong iron oxide colour anomaly. A quartz stockwork vein system containing chalcopyrite, molybdenite, copper oxides and potash feldspar was observed during a field inspection in June 2006. This style of mineralization is believed to be representative of the central core of a porphyry copper system.
This area was originally selected for study based on a 1984 United States Geological Survey open file report, where a heavy mineral stream sediment survey identified anomalous copper, molybdenum, lead, gold and silver values. There is very little evidence of previous exploration work carried out on this property. Only three diamond drill holes were drilled by another company several years ago and are widely spaced apart. The Company has not been able to obtain any information about these holes.
A program of regional stream sediment sampling and geological mapping will commence shortly.
Batamote.
The Company acquired through staking the 168 square kilometre Batamote property located in northern Sonora, Mexico. The area is underlain by geology similar to that seen at the Phoenix property and is located along the northwestern projection of the El Chanate gold deposit currently being developed by Capital Gold Corporation, a public Company trading in Canada and the United States. Their website states reserves of 14.1 million tonnes at 0.8 g/t gold at El Chanate.
Several mine workings are shown underlying Batamote in historical data; these areas will be examined and evaluated over the next few weeks.
The qualified person for Tumi's projects, David Henstridge, a Fellow of the Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has visited the Company's projects located in northern Sonora, Mexico, and has verified the contents of this news release.
On behalf of the Board,
"David Henstridge"
---------------------------------
David Henstridge, President & CEO
Forward Looking Statements
--------------------------
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Neither the TSX Venture Exchange nor the Frankfurt Deutsche Borse have reviewed the information contained herein, and, therefore, do not accept responsibility for the adequacy or the accuracy of this release.
SOURCE: Tumi Resources Limited
Company Contact: Mariana Bermudez at (604) 699-0202, or email: mbermudez*chasemgt.com, website: www.tumiresources.com; Investor Information Contact Mining Interactive, Nick L. Nicolaas at (604) 657-4058, or email: nick*mininginteractive.com
Copyright (C) 2006 CNW Group. All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Rapid Link Announces Extensions and Amendments of Debt With Primary Holders of Convertible Debentures 9/19/2006
LOS ANGELES, CA, Sep 19, 2006 (MARKET WIRE via COMTEX News Network) -- Rapid Link, Inc. (OTCBB: RPID), a leading provider of Internet Phone services to niche markets including the U.S. Armed Forces stationed throughout the world, today announced the extension and revision of all Convertible Debenture Notes drawn in the favor of GCA Strategic Investment Fund Limited, a Bermuda Corporation ("GCASIF") and Global Capital Funding Group, L.P., a Delaware limited partnership ("GCFG").
Highlights of the Amended Notes:
-- Both convertible debentures held by GCASIF have had their maturity dates extended to November 1, 2007. -- All conversions of the debentures to common stock now have a $0.10 conversion floor and a $0.25 conversion ceiling in place for the duration of the notes.
"These amendments, agreed to and implemented by Rapid Link and our primary debt holders, are truly an expression of support and cooperation by GCASIF and GCFG in Rapid Link, our management, and our current course of business. GCASIF and GCFG are aware of the tremendous strides Rapid Link has recently made in its business as detailed in the recent 10Q filed September 14, 2006, and their support in amending our agreements is an encouraging sign for our investors," stated John Jenkins, CEO of Rapid Link.
About Rapid Link, Inc.
Rapid Link operates as a facilities-based communications company providing various forms of telephony services to wholesale and retail customers around the world. Rapid Link provides a multitude of international telecommunications services targeted to individual customers, as well as small and medium sized enterprises ("SMEs"). These services include the transmission of voice and data traffic over public and private networks. The Company also sells telecommunications services for both the foreign and domestic termination of international long distance traffic into the wholesale market. Rapid Link utilizes Voice over Internet Protocol ("VoIP") packetized voice technology (and other compression techniques) to improve both cost and efficiencies of telecommunication transmissions. Rapid Link utilizes the Public Switched Telecommunications Network ("PSTN") as well as the Internet to transport the Company's communications services.
Contact: Investor Relations Rapid Link, Inc. Tel.: 310-566-1702
SOURCE: Rapid Link, Inc.
Copyright 2006 Market Wire, All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NATK Announces Significant Debt Restructuring; Debt Holders Extend Principal Payback Period 9/19/2006
MARSHALL, Texas, Sept 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- North American Technologies Group Inc. (OTC Bulletin Board: NATK) (NATK), the worldwide leader in composite crossties through its wholly owned subsidiary TieTek, today announced it has restructured $25.5 million of debt and debentures. This debt restructuring is the latest in a series of positive developments for the company including significant revenue growth, improved manufacturing performance, and strengthened strategic customer relationships.
Under the terms of the new agreement, the amortization of principal for the $14 million of senior debt was deferred until July 1, 2008. Additionally, the maturity date of $11.5 million in convertible debentures was extended from December 31, 2006 to July 1, 2008. All of these debts will be reclassified as long-term liabilities in the company's financial statements.
"NATK debt and debenture holders recognized the current market opportunity and renewed financial discipline of the company," said NATK CEO, Neal Kaufman. "This restructuring gives NATK additional time to focus on growth and driving to profitability, and will maximize value for our customers and shareholders."
NATK, through its wholly owned subsidiary TieTek, designs, engineers, and manufactures structural composite crossties and switch ties using patented processes to recycle landfill-bound plastic, rubber and fiberglass. The products have been used in the largest railroads to carry over 1.5 billion gross tons with no degradation of performance or product impairment, regardless of environmental conditions. TieTek's products outperform and outlast traditional railroad tie materials and deliver compelling economic returns and performance benefits to TieTek's customers.
About NATK
NATK, through its wholly owned subsidiary TieTek, produces high- performance railroad ties. TieTek uses patented technology to process recycled plastics, used tires and other mineral fillers to manufacture engineered composite components that are a longer-lasting alternative to hardwood in structural applications. The Company's securities are quoted in the over-the-counter market under the symbol "NATK". The Company's website is found at: http://www.tietek.com .
Contact: North American Technologies Group, Inc. Joelle Gropper, Investor Relations Phone (713) 462-0303, x107 jgropper*natk.com
SOURCE North American Technologies Group, Inc.
Joelle Gropper, Investor Relations of North American Technologies Group, Inc., +1-713-462-0303, x107, or jgropper*natk.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
MARSHALL, Texas, Sept 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- North American Technologies Group, Inc. (OTC Bulletin Board: NATK) (NATK), the worldwide leader in composite crossties through its wholly owned subsidiary TieTek, today announced it has secured $5.5 million in additional equity financing to fund growth, working capital and its drive to profitability. This equity financing is the latest in a series of positive developments for the company including significant revenue growth, improved manufacturing productivity and strengthened relationships with key customers and vendors.
The Company sold to a group of investors, including several of its existing major shareholders, 18,644,068 shares of its Common Stock and warrants to purchase up to 9,322,034 shares of Common Stock. The shares were sold at a purchase price of $0.295 per share, which was 90% of the daily volume weighted average price of the Common Stock for the 20 trading days immediately prior to their issuance. The warrants have a 54 month term and are exercisable at any time at an exercise price of $0.36 per share, which was 110% of the daily volume weighted average price of the Common Stock for the 20 trading days immediately prior to their issuance.
"NATK investors recognize that the market for high-performance, long- lasting, environmentally responsible, engineered structural products is a strong opportunity," said NATK CEO, Neal Kaufman. "The company has demonstrated it has the commitment to product excellence, financial controls and customer success necessary to be the leader in this market."
NATK recently announced revenue of $6.4 million for the first half of 2006, which exceeded the revenue for the entire year of 2005. In July, NATK/TieTek announced the formation of a luminary board of advisors hailing from the manufacturing, recycling, government and financial services communities.
NATK, through its wholly owned subsidiary TieTek, designs, engineers, and manufactures structural composite crossties and switch ties using patented processes to recycle landfill-bound plastic, rubber and fiberglass. The products have been used in the largest railroads to carry over 1.5 billion gross tons with no degradation of performance or product decay, regardless of environmental conditions. TieTek's products outperform and outlast traditional railroad tie materials and deliver compelling economic returns to TieTek's customers.
About NATK
NATK, through its wholly owned subsidiary TieTek, produces high- performance railroad ties. TieTek uses patented technology to process recycled plastics, used tires and other mineral fillers to manufacture engineered composite components that are a longer-lasting alternative to hardwood in structural applications. The Company's securities are quoted in the over-the-counter market under the symbol "NATK". The Company's website is found at: http://www.tietek.com .
Contact: North American Technologies Group, Inc. Joelle Gropper, Investor Relations jgropper*natk.com (713) 462-0303, x107
SOURCE North American Technologies Group, Inc.
Joelle Gropper, Investor Relations of North American Technologies Group, Inc., +1-713-462-0303, ext. 107, or jgropper*natk.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Warrant Amendment Allows Liability to Be Reclassified as Equity 9/19/2006
SAN JOSE, Calif., Sept 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Notify Technology Corporation (OTC: NTFY) announced today that the Company had entered into (1) an amendment to its Series A Warrants issued in connection with the July 2001 Preferred Stock Offering (the "Warrants") with Commonwealth Associates, L.P. ("Commonwealth") and other holders of Warrants holding in the aggregate fifty-four (54%) percent of the outstanding Series A Warrants (as defined in the Warrants); (2) an amendment (the "Commitment Warrant Amendment") to the Commitment Warrant to Purchase 118,151 Shares of Common Stock dated as of May 16, 2001 with ComVest Venture Partners, L.P. and (3) an amendment to the Unit Purchase Option issued to Commonwealth in connection with the July 2001 Preferred Stock Offering of the Company (the "Unit Purchase Options").
Each of the amendments amend the terms of the Warrants, Commitment Warrant and Unit Purchase Option agreement (collectively "Agreements") to limit the maximum number of additional common shares subject to issuance as a result of penalties provided for in Section 10 of each Agreement for certain defaults by the Company described in Section 10 of the Agreements to the number of additional common shares determined if the Company remained, with respect to its first default, in such default for five consecutive thirty (30) day periods. The original terms of the Agreements did not limit the number of additional common shares that could be subject to issuance as a result of such defaults and could have theoretically resulted in an infinite number of additional common shares being subject to issuance for such defaults. This provision subjected the Company to adverse accounting treatment with respect to the Amendments under Emerging Issues Task Force guidance EITF 00-19 "Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, A Company's Own Stock" ("EITF 00-19").
Each of the amendments is intended to amend the terms that made the Agreements subject to EITF 00-19 and allow them to be reclassified as equity at a value calculated using the Black-Scholes option-pricing model as of September 12, 2006. Because approximately 63% of our outstanding Unit Purchase Options have not been amended, however, we could be required to recognize additional non-cash charges if the conditions of EITF 00-19 are met with respect to the Unit Purchase Options and the underlying shares.
"Due to the mechanics of EITF 00-19, Notify has recorded non cash losses of $457,919 identified as Loss on the Valuation of Warrants in fiscal 2006 as the value of our common stock increased," said Paul DePond, President of Notify Technology. "We believe these amendments should avoid any further material near-term non cash negative impact on our income statement as a result of EITF 00-19. "
An 8-K was filed on September 19, 2006 describing the amendments and the agreements involved.
About Notify Technology Corporation
Founded in 1994, Notify Technology Corporation is an innovative software company developing mobility products for organizations of all sizes. Notify's wireless solutions provide secure synchronized email and PIM access and management to any size organization on a variety of wireless 2-way devices and networks. Notify sells its wireless products directly and through authorized resellers internationally. The company is headquartered in San Jose, California. For more information, visit http://www.notifycorp.com or contact 408-777-7920.
Forward-Looking Statements:
This press release contains forward-looking statements related to Notify Technology Corporation that involve risks and uncertainties, including, but not limited to statements regarding the impact of the amendments to the warrants and unit purchase option on Notify Technology's future financial statements. These statements are based on current information and expectations and there are important factors that could cause actual results to differ materially from those anticipated by such statements. These risks include, but are not limited to, the future trading price of our common stock, Notify Technology's interpretation of EITF 00-19, newly adopted accounting rules or changes to currently existing accounting rules, as well as other factors. For further information about these factors that could affect Notify Technology's future results, please see Notify Technology's filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.
Contacts: At Notify Technology Corporation: Jerry Rice, Chief Financial Officer Phone: 408-777-7927 jerry.rice*notifycorp.com
SOURCE Notify Technology Corporation
Jerry Rice, Chief Financial Officer of Notify Technology Corporation, +1-408-777-7927, or jerry.rice*notifycorp.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DCI USA Announces an Agreement to be the Lead Investor in a Clean Energy Wind Turbine Windmill Farm in Israel 9/19/2006
Investment Will Fund a Major Upgrade to Existing, Working Turbine Farm; Immediate Plans to Establish New Wind Turbine Farms in Israel, Jordan, Turkey, and Australia
NEW YORK, Sept. 19, 2006, Sep 19, 2006 (PRIMEZONE via COMTEX News Network) -- DCI USA, Inc. (OTCBB:DCIU) announced today that it has entered into an agreement with the largest Israeli developers of wind turbine farms to be the Lead Strategic Investor in the takeover of an existing wind turbine farm in Israel. DCI's investment would be made through a newly-created Israel subsidiary which would immediately upgrade the turbines. Through various subsidiaries, DCI also plans to establish new sites in Israel, Jordan, Turkey, and Australia. DCI intends to fund its new Israel subsidiary with $3,000,000, of which approximately $500,000 would be cash equity from DCI and the balance would come from other third-party financing directly to the subsidiary.
DCI intends to call its new Israel subsidiary Gunther, LTD, which would invest with the developers, Dr. Abraham Melamed and Dr. Zahal Harel, in the upgrade of the existing Tel Assaniya wind turbine farm site.
The Tel Assaniya farm currently produces 6 MW and has net revenues of approximately $1 million.
DCI believes that this site can potentially be upgraded with 7 turbines with a capacity of at least 2.3MW each, to be installed once the building permit is obtained (a building permit is required because the proposed new towers would be substantially taller than the existing ones). It is estimated that the permitting, ordering and installation will take between 12 - 18 months. This upgrade will increase the wind farm's revenues to an expected $4 million.
In the event there are any undue delays in obtaining the necessary permits for the major upgrade, a near-term alternative for this site is the replacement of the 10 existing smaller, older wind turbine generators with 10 new 750 KW turbines which will not require any building permits. DCI believes that this near-term upgrade will increase the net revenues of this site to $2 to $3 million.
The Israeli government is by law required to purchase at a stated price all of the energy output of Tel Assaniya and other clean energy approved sites.
Future Plans:
In addition, negotiations are under way for new developments in Israel, Jordan, Turkey, and Australia that could put DCI USA into the position as a leading player in the growing field of clean wind energy.
About us: DCI USA Inc. (OTCBB:DCIU), located in Great Neck, New York, is a publicly traded bulletin board company specializing in clean alternative energy. DCIU will continue to invest in, operate, and manage companies in which it has taken either an equity or debt interest in the growing clean energy market. Many early movers in this market are small developers who have difficulty finding capital in a market fixated on big players. DCI typically invests between $1 million and $5 million to fund acquisitions. The company provides ongoing support for its investments by providing networking and strategic decision-making. For its investments, DCI utilizes senior debt, mezzanine debt, and equity.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management of DCI USA only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; economic downturns affecting the operations of the Company, adequate financing to achieve the new strategic plans, and the unavailability of general financing to complete management's overall plans and objectives. DCI USA undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting DCI USA, reference is made to DCI USA's reports filed from time to time with the Securities and Exchange Commission. This press release is available at www.dci-mb.com.
DCI USA, Inc. Jonathan Ilan Ofir, CEO 212-994-9594 jiofir*dci-mb.com
(C) 2006 PRIMEZONE, All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Bird Flu Complacency: Editorial by James A. Joyce, Chairman & CEO of Aethlon Medical 9/19/2006
SAN DIEGO, Sep 19, 2006 (BUSINESS WIRE) -- Aethlon Medical, Inc. (OTCBB:AEMD), a pioneer in developing therapeutic devices for infectious disease, announced today that an editorial entitled "Bird Flu Complacency" was published in the San Diego Union-Tribune. The editorial was authored by James A. Joyce, Chairman & CEO at Aethlon Medical.
Aethlon Medical is developing the first medical device to treat infectious disease. The device, known as the Hemopurifier(TM), is a broad-spectrum treatment countermeasure against drug and vaccine resistant bioweapons, naturally evolving pandemic threats such as H5N1 Avian Flu, and chronic infectious disease targets including Hepatitis-C (HCV) and the Human Immunodeficiency Virus (HIV). Global researcher, Frost & Sullivan, recently awarded the Hemopurifier(TM) the 2006 Technology Innovation Award for its advances in the field of biodefense. Aethlon has also initiated research on a second generation Hemopurifier(TM) that targets the capture of growth factors inherent in the spread of Cancer. More information on Aethlon Medical and the Hemopurifier(TM) technology can be found at www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the ability of the Company to obtain FDA and other regulatory approvals permitting the sale of its products, the Company's ability to manufacture its products and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
SOURCE: Aethlon Medical, Inc.
Aethlon Medical, Inc. Jeff Richardson, 858-459-7800 x302 Senior Director, Communications jrichardson*aethlonmedical.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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GoDigital Licenses Content to Qtrax; Next Generation Record Label Endorses Qtrax for Ad-Supported P2P Digital Distribution 9/19/2006
NEW YORK, Sep 19, 2006 (Canada NewsWire via COMTEX News Network) -- Brilliant Technologies Corporation (OTCBB:BLLN) and the GoDigital Music Group, which encompasses GoDigital, UrbanDigital and E-Klectrik Records, today jointly announced that GoDigital has licensed its content to Brilliant for distribution over the company's legal P2P music file sharing service, Qtrax.
"GoDigital Records is a truly digital record label and has been built from the ground up to accommodate the rapidly changing world of digital music and content," said Jason Peterson, President GoDigital Music Group. "We're not locked into age-old retail and distribution methods like some other companies out there. We welcome radical ideas and new thinking. Qtrax fits our philosophy perfectly."
According to Master P, Recording Artist & President of Guttar Music Entertainment and who releases his label's music digitally through UrbanDigital Records, "I release my music under UrbanDigital and GoDigital because they're at the forefront. Qtrax is turning P2P legit - it's the bizness, it's for real."
Allan Klepfisz, Brilliant Technologies' President & CEO, said, "By working closely with the major labels we generated considerable momentum behind Qtrax, and today's agreement with an industry and rights-leader like GoDigital further accelerates our preparation for launch The next quarter will be interesting as we put into place the requisite final building blocks to launch our cutting edge service. We and our partners are acutely aware of the potential Qtrax has for the industry and for our Company."
"We're excited about Qtrax's unique, ad-supported model for harnessing existing material on P2P networks," said Dave Lindsay, GoDigital VP Business Development and Technology. "This, in conjunction with their permanent download function, will be a boon for content owners and consumers alike. Qtrax enables us to have our artists' music in more places than ever before. It's great for headliners like Master P and Romeo, as well as our developing artists like FIN, Tom Langford, and Terron Brooks."
Brilliant's recent label deals have been accelerating, including announcing a licensing deal with Warner Music Group yesterday, with The Orchard two weeks ago, with EMI Music Publishing last month, and going back with EMI Music, TVT Records, ASCAP (the Performing Rights Organization that represents the world's largest repertory totaling over 8 million copyrighted musical works of every style and genre) and BMI, the American performing rights organization that represents more than 300,000 songwriters, composers and music publishers.
The GoDigital Music Group, which encompasses GoDigital, UrbanDigital and E-Klectrik Records is a "next-generation" record label and content distributor. The label group specializes in incubating developing artists through their 24x7x365 global network of retail, distribution, and marketing partners. For established artists and labels, GoDigital provides world-class digital distribution and marketing to complement the artist or label's pre-existing physical distribution and marketing.
Safe Harbor
This announcement contains express or implied forward-looking statements which involve known and unknown risks and uncertainties that could cause actual results to differ materially from those suggested, including but not limited to risks identified and discussed in company filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof and future results may differ materially from expectations and the company disclaims any obligation to update them except as required by law.
SOURCE: Brilliant Technologies Corporation
Qtrax: Rich Schineller Perception Management Rich Schineller, 941-918-1913 rich*prmgt.com or McMullen & Company Public Relations Sarah McMullen, 310-283-7907 smcmullen*earthlink.net
Copyright (C) 2006 CNW Group. All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CHOWCHILLA, Calif., Sept. 20 /PRNewswire-FirstCall/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI - News), focused on the modular building industry with emphasis on the education market (http://www.gdvi.net) , today in reporting financial results for the first quarter ended July 31, 2006, said it anticipates revenues will top $20 million in the current fiscal year.
Revenues were $2.8 million in the first quarter ended July 31, 2006, down from 2005 totals. "We made a commitment to finish four projects for four separate school districts so the buildings would be available prior to opening of the school year to eliminate significant overcrowding. Due to this, we did not start new projects and revenues were down. But we believe the customer service and goodwill we provided will pay significant dividends over the long term," said Phil Hamilton, CEO.
Net income totaled $244,129 for the quarter ended July 31, 2006. "This means Global Diversified has posted nine consecutive profitable quarters. Also, we have won the bidding on significant school projects which will make the balance of the current fiscal year very strong," said Phil Hamilton, CEO.
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick*eandecommunications.com
Source: Global Diversified Industries, Inc.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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NSHG (.02) Announces Proposed Merger With Alternate Energy Holdings
Market Wire "US Press Releases "
HOUSTON, TX -- (MARKET WIRE) -- 09/19/06 -- Nussentials Holdings Inc. (PINKSHEETS: NSHG) today announced the proposed merger with Alternate Energy Holdings, Inc., a Nevada corporation founded by former senior executives in the utility and finance industries specifically to address the mounting 'energy crisis' affecting the US economy and standard of living today. The newly merged company will focus initially on the acquisition of a nuclear power plant, but expects to expand into alternative energy resource development including harnessing of lightning for conversion to energy, and coal to gas liquefaction.
Michael Hluchanek, President of NSHG, stated, "We believe the merger with Alternate Energy Holdings will be a huge boost to our shareholders. While we remain committed to the direct to consumer marketing strategies of Nussentials, this proposed merger offers us the opportunity to enhance our shareholder equity." The transaction is characterized as a stock for stock transaction, and the parties expect completion within a few days. The valuations are not yet available.
Donald L Gillispie, President/CEO of Alternate Energy Holdings, states, "The merger with Nussentials is critical to our long term growth strategies. By becoming a public entity this should allow us to rapidly fund the equity needs for the expansion into the nuclear and alternate energy marketplace. We look forward to working with the Nussentials team through the transition." Mr. Gillispie has served as a senior executive in the energy field for 25 years, and has provided extensive consulting services to many major market providers.
About Nussentials
Nussentials is an emerging company whose focus is to provide a line of products that are based on all-natural whole foods, primarily stabilized rice bran. Part of the direct selling industry (MLM), Nussentials markets these stabilized rice bran products through cooperatives of independent distributors. The company provides products that help to correct undernourishment and vitamin-deficiency combined with a mix of disease fighting natural antioxidants. These products achieve synergistic results and are very effective as part of an antioxidant system. Based in Houston, Texas, Nussentials holds a distributor license with a leader in stabilized rice bran products. For more information regarding Nussentials, please visit www.Nussentials.com.
About Alternate Energy Holdings
Alternate Energy Holdings is a rapidly developing green energy holding corporation founded by former senior executives in the utility and finance industries. Its primary initiative is the purchase and optimization of a marginally performing nuclear power plant in the nation's Sunbelt region. After implementing the necessary improvements to maximize the purchased plant's profit margins, the company plans to construct an additional nuclear power generating unit on the site of the original plant. In addition to nuclear power, the company actively participates in the development of innovative and more efficient clean energy sources. Investor information will be released as soon as the merger is complete.
This news release contains forward-looking statements. These statements describe management's current beliefs and expectations concerning the future of Nussentials Holdings Inc. These forward-looking statements are identified by using words such as "expect," "believe," and "should." Although the beliefs and expectations mentioned in this release are reasonable, the Company's operations involve a number of risks and uncertainties. Therefore, these statements may turn out not to be true. The Company will not update forward-looking statements in this news release to reflect actual results, changes in assumptions, or changes in other factors affecting such forward-looking information.
Contact: Nussentials Holdings Inc. 540-586-9143 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Produce Safety & Security International, Inc. Announces Increased Sales & Production for All Models of Ozone Process Machines
By Market Wire Last Update: 9/20/2006 5:30:40 AM Data provided by
PRESCOTT, AZ, Sep 20, 2006 (MARKET WIRE via COMTEX) -- Produce Safety and Security International, Inc. (PINKSHEETS: PDSC) ("PDSC"), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, responds to the increased purchase orders for immediate delivery to current client base and new clients.
Produce Safety & Security International, Inc. has taken pro active measures to reduce food borne illness outbreaks from occurring. Produce Safety process starts by implementing a complete pro active process for all produce items. Produce Safety & Security International, Inc. is able to monitor the product all through the food chain starting in the field prior to harvest and, during harvest and packing operations. The Process then moves to the cooling process, transportation with delivery to the warehouse. After arrival at the retail level, each produce section will use our process to further protect the consumer by minimizing the reoccurrence of food borne pathogen by preventing outbreaks of EcoliOH157:H7, LISTERIA AND SALMONELLA.
Clarence W. Karney, Chief Executive Officer of Produce Safety & Security International, Inc., states, "The current goal is to increase production to over 500 machines per production facility. PDSC currently has 3 production facilities." Mr. Karney continues by stating, "We are currently positioned to fill all orders within the timeframe required by each Purchase Order. Currently the total units of production is 1,500 plus units and increasing each day."
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
PDSC's state-of-the-art ozone process has been shown to extend the shelf life and remove food borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product, by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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Stewart Wallach, CEO of Capstone Industries, Inc., Joins China Direct Board of Directors
By Market Wire Last Update: 9/20/2006 7:48:09 AM Data provided by
FT. LAUDERDALE, FL, Sep 20, 2006 (MARKET WIRE via COMTEX) -- China Direct Trading Corp. (CHDT) (China Direct or CHDT) announced today the appointment of Stewart Wallach, the Chief Executive Officer of Capstone Industries, Inc. (CAP), to the board of directors of China Direct.
Mr. Wallach formed and sold Systematic Marketing, Inc., which developed and marketed products to mass markets, to Sagaz Industries, Inc., an automotive parts producer for consumers. He served as president of Sagaz Industries for 10 years before forming CAP. In 1998, Mr. Wallach co-founded Examsoft Worldwide, Inc., which has developed and successfully delivered software technology solving security challenges of laptop-based examinations for major educational institutions and state bar examiners. From 2002, he, through Systematic Development Inc., has provided executive management services to Gatekeeper Business Solutions to assist in its growth. Gatekeeper Business Solutions is a company providing leading-edge technology for effective labor management and payroll services software to small and medium-sized businesses. Mr. Wallach currently is a shareholder and director of Systematic Development Incorporated and Examsoft Worldwide, Inc., serves as a director for Gatekeeper Business Solutions and is Chief Executive Officer at Capstone Industries, Inc.
"The addition of an experienced executive and marketing professional like Stewart Wallach will assist China Direct in growing its consumer products business lines, Capstone and Souvenir Direct," said Howard Ullman, Chief Executive Officer and President of China Direct. "His experience in selling to national retailers will hopefully help us expand the markets for our non-power generator business lines and develop that business line into a strong profit center for China Direct," added Mr. Ullman.
Capstone Industries (Deerfield Beach, FL), established in 1997, is an innovator in growing book light and multi-task lighting categories, holding several product and design patents and trademarks, and is engaged in product/design development, manufacturing, and distribution nationwide. Capstone's product development, domestic distribution, marketing expertise, overseas sourcing and product diversification is expected to positively contribute revenue growth in 2007. China Direct hopes that Capstone will bolster the non-power generator revenues of CHDT business lines and help diversify China Direct revenue sources. "We want to remain consistent with our strategic plan of dealing in products that can be distributed by existing channels, do not require extensive inventory and have a relatively short sales cycle," said Howard Ullman. "Capstone complements our existing souvenir business by being mostly a direct sale to national or regional corporate customers," added Mr. Ullman.
About CHDT: CHDT is a public holding company acting, through its subsidiaries, as a distributor of commercial and residential standby power generators as a general trading company focused on, but not limited to, selling Chinese-made goods in North America, especially building materials, promotional products, and souvenir and gift items.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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Grand Entertainment & Music, Inc. Announces Award Nomination for Hit Artist Qbanito
MONTREAL -- (MARKET WIRE) -- 09/20/06 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) announces that Qbanito has officially received a L'ADISQ nomination.
Qbanito's debut album, "Partir," has been nominated for a L'ADISQ award for Album of the Year in the world music category. The L'ADISQ awards recognize the music industry's brightest and most talented, and are Canada's (Quebec's) francophone equivalent to the Grammys (U.S.) and the BRITS (U.K.). The awards have been held annually in Quebec since 1979, and this year's winners will be announced on October 23rd, 2006 at 8:00PM in a Gala event at the famed Metropolis. For more information, please visit the L'ADISQ website directly at http://www.adisq.com
Fred Berlin, President, stated, "We are absolutely thrilled with this announcement. Although our studio has been involved in the production of several gold and platinum albums, this is our first L'ADISQ nomination. All of us here at GEM could not be more proud of Qbanito .This is a tremendous achievement that he has worked extremely hard to obtain. I think this is just the beginning of what could be a long and distinguished career for a talent of his caliber." Berlin went on to say, "I would also like to take this opportunity to publicly thank Qbanito for his tireless work and everyone who has been involved with the Qbanito project and has stuck by us through thick and thin. We believe that this nomination will help with next month's U.S. album launch and we look forward to sharing future updates on his continued success."
About Grand Entertainment & Music, Inc.
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact: Grand Entertainment & Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.comwww.gmsc-info.com
Posts: 233 | Registered: Jul 2006
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DENVER, CO, Sep 20, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced it has executed a corporate imaging and marketing contract with Atlantis Holding Corp. (PINKSHEETS: AHDG). Under the agreement, Summus Works will design and implement a corporate branding, marketing and advertising initiative for Atlantis Holding Corp. and its subsidiaries.
Atlantis Holding Corp. will compensate Summus Works, Inc. in part with one million shares of AHDG common stock. Summus Works' management announced it will convene a meeting of its Board of Directors and legal counsel to discuss the logistics and effects of the subsequent issuance of its AHDG shares to Summus Works shareholders (by way of a dividend) in accordance with the Company's anti-abusive short selling initiative.
"We are especially pleased with the breadth and term of this contract with Atlantis Holdings," said Summus Works President Dan Burgess. "We are confident that our production services and advertising venues will perform well for Atlantis' marketing objectives and overall strategy for corporate identity," he concluded, referencing similar contracts executed by Summus Works subsidiaries for branding initiatives of subsidiaries of other public entities including Stowe Mountain Resort, an American International Group subsidiary and AAG/Sikorsky, a United Technologies Corporation subsidiary.
Atlantis Holding Corp is a Tustin, California-based holding company with subsidiaries in two primary divisions including an Environmental and Engineering Services Division and its Automotive Division. For more information on Atlantis Holding Corp. visit www.atlantisholdingcorp.com.
Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.Posts: 65 | Registered: Mar 2006
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Patriot Scientific Growth Strategy Advances as Kenwood Joins Steadily Expanding Roster of MMP Patent Portfolio Licensees PR Newswire - September 20, 2006 10:37 Agreement With Ninth Major Manufacturer In As Many Months Demonstrates Broad Market Potential of Fundamental MMP Portfolio Technologies
CARLSBAD, Calif., Sept 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSCE) confirmed today that Kenwood Corporation has become the ninth major manufacturer in as many months to purchase a license to use the Moore Microprocessor Patent(TM) (MMP) Portfolio. The agreement is an example of the versatility and breadth of the MMP portfolio and the sizeable potential market for its fundamental technologies among major manufacturers. Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense(TM), a TPL Group enterprise, exclusively manages.
Kenwood becomes the first MMP Portfolio licensee in the automotive electronics supplier market, according to Alliacense. "As the sole manufacturer simultaneously doing business in automotive electronics, communications equipment and home electronics, Kenwood has maintained its global leadership for more than half a century," said Mike Davis, Alliacense Sr. Vice President, Licensing. Davis applauded Kenwood's management for quickly recognizing the need to purchase an MMP Portfolio license, citing the competitive edge that can be gained by acting sooner rather than later.
Eight other major manufacturers have purchased MMP licenses this year, including Casio, Fujitsu, HP, Seiko Epson, Sony, Nikon, PENTAX and Olympus. In addition, AMD and Intel are also licensees. More than 300 companies have been contacted regarding likely infringement of one or more patents included in the MMP portfolio.
"Patriot Scientific continues to boost its financial position with the signing of each license agreement as we prepare for the next stage of growth," said David Pohl, Patriot Scientific chairman and CEO. "We are actively evaluating possible opportunities to diversify our revenue stream by developing new technologies, entering into joint ventures or by acquiring other companies and technologies."
The MMP Portfolio patents, filed in the 1980s, cover techniques that have become essential to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players, to communications infrastructure, medical equipment and automobiles -- which today have dozens of microprocessor-based key features and benefits.
"IP licensing companies have greater opportunities for sustained growth and success if they have multiple resources of IP to tap into," said Morry Marshall, vice president of Semico. "The combination of Patriot's legacy technologies developed in-house and its jointly owned portfolio with TPL Group leave it well positioned for the future."
"The MMP Portfolio is only one element of the multifaceted Patriot Scientific story and business strategy," said Jim Turley, independent analyst and member of the Patriot Scientific board of directors. "The licensing revenues from the MMP Portfolio provide the company with a strong foundation so it can explore the multiple options available for its next stage of growth and development."
About Patriot Scientific
Patriot Scientific is a leading intellectual property licensing company that develops, markets and enables innovative technologies to address the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices and industrial controllers. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.
The patent portfolio, marketed as the Moore Microprocessor Patent Portfolio, contains intellectual property that is jointly owned by the publicly held Patriot Scientific Corporation and the privately held TPL Group. The portfolio encompasses seven U.S. patents as well as their European and Japanese counterparts. Both TPL and Patriot assert that their jointly owned patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group Enterprise.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of intellectual property licensing programs. As a cadre of IP licensing strategists, technology experts and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL's intellectual property portfolios. For more information, visit http://www.alliacense.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
Moore Microprocessor Patent, MMP and Alliacense are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.
CONTACTS: Patriot Media Relations The Hoffman Agency David Friedman (303) 868-9641 dfriedman*hoffman.com
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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Pilgrim Petroleum Corporation Estimates Revenue up 28.5% Business Wire - September 20, 2006 06:30
IRVING, Texas, Sep 20, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (PINK SHEETS: PGPM) is pleased to announce the company's third quarter outlook has exceeded expectations. A positive estimate revision showed that Pilgrim's revenue is to increase by more than 28.5% from the last quarter. The company's financial results will be released no later than October 15th, 2006. Since the beginning of the year, Pilgrim Petroleum has showed incremental developments in operations, financial performance and corporate strategy.
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum will continue to outperform estimates. We are committed to meet our objectives and achieve high performance by developing and building up distinctive capabilities that will enhance the company's value, creation and find further opportunities for business growth."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation (PINK SHEETS: PGPM) is a publicly traded, independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 emonet*americancapitalipo.com www.apetroleum.com
Copyright Business Wire 2006
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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Plasticon Announces Purchase of New Equipment to Increase Capacity of Its Pro Mold Operations LEXINGTON, KY--(MARKET WIRE)--Sep 20, 2006 -- PLASTICON INTERNATIONAL, INC. (Other OTC:PLNI.PK - News) announced today that it acquired two additional injection molding machines and related equipment. The purchases, totaling $525,000, are designed to increase the operating capacity of its subsidiary Pro Mold, Inc. by over 33%. James N. Turek Sr., President of Plasticon, announced the purchase and stated that with this purchase, "We will be better able to meet the contractual requirements to our exclusive distributor of rebar supports as well as new orders for existing clients that require the usage of larger tonnage molding machines for their products." The acquisition included a 500 Ton Toyo at $231,000, a 310 Ton Toshiba at $149,000, and two Matsui Dryers at $43,000 together with conveyors, grinders, and temperature control units and related installation costs for a total investment of $525,000. The acquisition of this equipment is part of the Company's efforts to enhance its ability meet customer needs and market trends. THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. IN SOME CASES FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS REGARDING THE COMPANY'S PLANS, GOALS AND, THE BUSINESS STRATEGY OF THE COMPANY AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF THESE PRODUCTS AND SERVICES. ANY ONE OR MORE OF THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS. About Plasticon International, Inc. Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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DLTM (.26) Announces Production of Delta-Wall
PrimeZone "PrimeZone "
SELLERSVILLE, Pa., Sept. 20, 2006 (PRIMEZONE) -- Delta Mutual, Inc. (OTCBB:DLTM) specializing in energy recovery and construction services through environmentally-friendly technologies and products, announced that their subsidiary, Delta Technologies, Inc., began the initial production of their patent pending insulating concrete form (ICF) block, Delta-Wall, on September 15, 2006.
The first blocks are undergoing internal inspection and testing to ensure adherence to design specifications. Delta-Wall blocks will be made available as samples to builders, developers and other interested organizations, and will be tested by an independent laboratory for code compliance approvals where required.
The innovative aspects of this design are the integral inserts within the block that serve as a rebar holder and integrated screw strip. The oversized directional interlock tabs provide a fail-safe assembly and one way locking system, while the dovetail grooves allow for better adhesion to finishes.
Delta Technologies is now accepting orders for delivery starting from the fourth quarter of 2006.
About Delta Mutual
Delta Mutual, Inc. (www.deltamutual.com) specializes in energy recovery and construction services through environmentally-friendly technologies and products which are currently operating in the Middle East and Far East. Delta employs technologies that efficiently recover energy sources from soil, water and other waste streams, while simultaneously improving existing environmental conditions. The Company also utilizes energy efficient and cost effective building material systems for construction projects.
If you would like to be added to the Company's e-mail list for press releases and updates, please send your e-mail address to dltm*focuspartners.com.
Forward-Looking Statement
This Press Release contains forward-looking statements that involve risks and uncertainties, which may include statements about business strategy and development plans, plans for entering into new business, including the proceeds from future and plans, objectives, expectations and intentions contained in this Press Release that are not historical facts such as "delivery starting from the fourth quarter of 2006." Because these forward-looking statements involve risks and uncertainties, actual results could differ materially from those discussed in this Press Release. These risks are outlined in our SEC filings.
CONTACT: Delta Mutual, Inc. Peter F. Russo, President & CEO (215) 258-2800
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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EDISON, N.J., Sept. 20, 2006 (PRIMEZONE) -- Creative Gaming, Inc. (Pink Sheets:CLPI) today announced that it has entered into an "Agreement" with a group of privately held and affiliated companies; Excess Excess/Akabal LLC, Excess Limited, Inc. and Excess/Akabal S.A. de C.V. (the companies collectively as "Excess"). Through a plan of arrangement, CLPI will acquire all the issued and outstanding shares of each the Excess companies in exchange for restricted shares of CLPI. The transactions are subject to the completion of definitive agreements. The three companies will operate as wholly owned subsidiaries of CLPI.
Excess exports and markets branded U.S. labeled and privately labeled U.S. manufactured "healthy natural foods" throughout the Caribbean as well as Central America and Mexico. Excess has developed a rapidly expanding wholesale and retail distribution system base in all areas of countries served. More recently, Excess has developed its own organic brand called Soy Fantastico, a delicious soy milk beverage available in three flavors, which is manufactured in the United States.
Frank Rovito, President of CLPI was quoted as saying," Soy Fantastico will represent our first privately labeled product offering and is intended to take advantage of the surging interest in healthy natural foods in the emerging Spanish-speaking world and the Hispanic market place."
CLPI's previously announced plans to explore strategic alternatives to enhance shareholder value; including joint ventures, mergers or acquisitions which could be expected to enhance future shareholder value. The focus of that change is on identifying, developing and participating in the operations of emerging businesses through the establishment of an extensive network of partner companies or acquiring interests in said companies. The management team and the Board of Directors of CLPI continue to make every effort possible to help shareholders achieve the greatest value for their investment.
Any forward-looking statements contained in this release reflecting management's best judgment based on factors currently known involve risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements included herein as a result of a number of factors including but not limited to the Company's ability to enter into various financing programs, roll-up business acquisitions and competition from other companies.
CONTACT: Creative Gaming, Inc. Frank Rovito (732) 676-7651
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MTDX (.10) Boosts Company Value and Revenues With Acquisition of Sports Concepts
PrimeZone "PrimeZone "
SCOTTSDALE, Ariz., Sept. 20, 2006 (PRIMEZONE) -- After several months of negotiations, Motion DNA Corporation (OTCBB:MTDX) has completed the deal that is expected to increase in the market with the acquisition of Sports Concepts, Inc., a Scottsdale-based maker of sports related products, for $12 Million in cash and stock.
"This is a deal that will help the company diversify its revenue streams and capitalize on relationships of both companies," said Zig Ziegler, Founder of Motion DNA. "Sports Concepts has a history of developing quality products and generating substantial revenue in their market. This is a great move for Motion DNA and its shareholders creating a diversified business allows for more potential earnings in the company helping us reach our revenue target for 2006 with a large boost in the final quarter through anticipated product sales."
Sports Concepts has sold over $16 million in products since 1996. For the past few years, the company has been quietly developing many new products lines including working with the development team of Motion DNA to produce licensed training products for youth and professional sports. Sports Concepts, producers of the original Monster Slam a recreational backboard, has vastly diversified lines of products scheduled for release and exciting marketing plans in the last quarter of 2006 and into 2007.
"In our first run of the original Monster Slam, we completely sold out of product," said Michelle Thomas, CEO of Sports Concepts. "Monster Slam sold 800,000 units in the first two years. Those figures are remarkable for product in our industry. We expect a similar situation when people see what we have taken the time to create and begin the release of our new merchandise."
Motion DNA expects to be able to benefit from Sports Concepts relationships with professional and collegiate sports teams and retail outlets as the company plans to release retail versions of its products for the general consumer. In 1996, Sports Concepts, Inc. then based in Seattle, Washington, secured a Masters NBA license and distributed the original Monster Slam at NBA venues, FAO Schwartz and others.
Motion DNA will continue to develop products for analyzing sports and physical activity. Executives for Motion DNA continue to work on finalizing several bulk purchase orders for its running and functional movement analysis systems. The company has recently developed basketball related products, potentially benefiting from the Sports Concepts acquisition.
Effective immediately, Ms. Thomas will assume the role of Chief Executive Officer of the company handling all day-to-day operations of the products and services of the company.
"Ms. Thomas has over 20 years experience in business management, and her detailed approach to management will help the companies grow expeditiously," said Ziegler. "Shareholders can expect a steady ship under her guidance."
About Motion DNA Corporation
Based in Scottsdale, Arizona, Motion DNA has developed state-of-art products and services that incorporate advanced 3-D motion-capture technology, which provides diagnostic testing for individual athletes, medical professionals and sports organizations. These types of analyses are designed to identify physical limitations related to strength, mobility, coordination and biomechanics.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
CONTACT: Motion DNA Corporation Corporate Inquiries: Curt Blakeney, Director of Public Relations (480) 425-7734
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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09/20/2006 11:54 EDT Intrepid Technology Delivers First Commercial Gas
IDAHO FALLS, Idaho, Sept. 20 /PRNewswire-FirstCall/ -- Intrepid Technology and Resources, Inc. (OTC Bulletin Board: IESV), a renewable alternate energy company, announced today that the company has made its first delivery of commercial gas to a Galvanizing Plant in Paul, Idaho making Intrepid the first alternative energy company in the US to deliver renewable high purity gas.
Intrepid, in a cooperative agreement with its gas utility partner Intermountain Gas Co. and one of their large commercial customers, began delivering gas directly to that customer, which occurred yesterday, and are expected to continue until Intrepid begins the temporary shutdown to accommodate completion of the expansion of the Whitesides gas facility.
For the past two months Intrepid has been monitoring the quality of the gas produced at its Whitesides commercial production plant and has found that the gas produced is consistently better than 99% purity natural gas. These results are based on over 10,000 chemical analysis made on gas produced at the plant.
About Intrepid Technology and Resources, Inc.: We are an application innovator in Alternative Energy technology and production and of biogas products and services designed to assist in worldwide energy independence, reduce pollution and carbon emissions from renewable agriculture feedstock and industrial and agriculture waste materials.
Statements released by Intrepid Technology and Resources, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
For additional information contact,
Steve Ellis (208-529-5337)
sellis*intrepid21.com
SOURCE Intrepid Technology and Resources, Inc.
CONTACT: Steve Ellis of Intrepid Technology and Resources, Inc., +1-208-529-5337, sellis*intrepid21.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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VMDG (.17) Acquisition of Patented Gold Mine with Minimum Gold Reserves in Excess of $737 Million USD
Business Wire "US Press Releases "
SANTA ROSA BEACH, Fla & SALT LAKE CITY--(BUSINESS WIRE)--Sept. 20, 2006--
Perihelion Global, led by Chairman, Chief Executive Officer & President John H. Beebe announced today that it has reached an agreement in principal to acquire privately held Saturday Night, LLC; sole owners of a Patented Gold and Silver mine (Patent Claim Number 5797) in Box Elder County, Utah with Minimum Gold Reserves in excess of $737,000,000.00 USD (Seven Hundred Thirty Seven Million US Dollars).
"I am excited to announce the acquisition of Saturday Night, LLC," said John H. Beebe, Chairman, Chief Executive Officer and President of Perihelion Global. Adds Beebe, "This was a key acquisition for Perihelion Global and will support the fundamentals for a strong price per share. This acquisition will further enable the timely execution of our well planned campaign of strategic acquisitions to enhance our existing assets and capabilities."
Dr. Patrick LaRive, Chief Executive Officer of Saturday Night, LLC stated, "Seeing the overall vision and strategy of John H. Beebe for Perihelion Global and in researching his extremely successful prior business accomplishments I am confident that this venture will make history." Adds LaRive, "Perihelion Global's goals and objectives to lead and excel in our industry are directly in line with our aspirations. I am honored to become a part of such a dynamic company."
Brian Charlesworth, Chief Operating Officer of Saturday Night, LLC, states, "John H. Beebe's track record as a successful business leader and visionary makes this an exciting merger for us. We strongly believe Perihelion Global is positioned for long term growth and success. With our combined corporate resources we are confident that Perihelion will not only make a difference in the local economies where we operate, but throughout the world."
There have been three certified geologist valuations of the patented Gold reserves which determined a minimum of 1,277,950 ounces of Gold - (One Million Two Hundred Seventy-Seven Thousand and Nine Hundred Fifty oz Au). Two valuations were conducted by respected Geologist Dr. Yung S. Kim, a retired Professor of Geology at the University of Nevada and Senior Fellow at the Department of Conservation, Office of Mines; conducted initially in 1983 and again subsequently in 2000. These were filed with the Bureau of Land Management (BLM) Salt Lake City, Utah; US Department of the Interior Salt Lake City, Utah; Utah Division of Oil, Gas and Mining Salt Lake, Utah.
The third report reviewing and certifying the minimum measured amount of Gold being 1,277,950 ounces (one million two hundred seventy seven thousand and nine hundred fifty oz Au) was conducted in March 2006 by John Yellich, Certified Professional Geologist, American Institute of Professional Geologists (CPG-No. 7538); Licensed Geologist, State of Washington (LG-No. 891); Graduate studies in Geology, Western Michigan University, Kalamazoo, Michigan, 1971; BA in Geology, Western Michigan University, 1968.
Terms of the proposed acquisition of Saturday Night, LLC are cash and a 12% total stake in Perihelion Global. The proposed acquisition is expected to be finalized within 30 days and private funds will be used for the cash portion of the deal as well as and any additional financing that might be required. The new website of Perihelion Global is currently under development and will be fully published pending the release of subsequent corporate news. Additionally, Perihelion Global's proposed merger with publicly held Vision Works Media Group (OTC:VMDG) is expected to become final within the next two weeks.
About Perihelion Global:
Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of the 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace: Technology, Energy, Infrastructure, Engineering, Banking and Communications. Website: http://www.perihelion.com Toll Free Phone: 866-748-7610.
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.
These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area, that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
Relating to the proposed transaction with Perihelion Global:
-- The business of Saturday Night, LLC and Perihelion Global may not be combined successfully, or such combination may take longer to accomplish than expected;
-- the cost savings from the merger may not be fully realized or may take longer to realize than expected;
-- operating costs, customer loss and business disruption following the merger, including adverse effects on relationships with employees, may be greater than expected;
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Source: Perihelion Global
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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MIAMI, FL -- (MARKET WIRE) -- 09/20/06 -- EZ2 Companies, Inc. (PINKSHEETS: EZTO) (the "Company") announced today it has accepted an offer from Lynx Petroleum, an Ecuadorian petroleum company ("Lynx").
"We are very excited about the merger and the future of the Company," commented EZ2 Companies' CEO, Jeff Berkowitz. "We have been looking for the right partner to shift the direction of our company and increase our value and business opportunities. We hope to consummate definitive agreement and release complete details of the merger by October 15th."
Lynx Petroleum's CEO, Francisco Acosta Coloma, commented, "This is a great day for our company. This transaction will allow us to enter the U.S. public markets." Mr Coloma continued, "We are delighted about the relationship with EZ2 Companies."
About EZ2 Companies, Inc.
EZ2 Companies, Inc. is a provider of Internet based services to its clients, ranging from dating and relationship services, rental services, internet search and national mortgage services. The Company operates several Internet portals including EZ2Auction.com, EZ2Rent.com, EZ2Ask.com, EZ2Date.com, EZ2Swing.com, EZ2Mortgage.com and EZ2Vacation.com. The offerings are focused on building traffic and allowing targeted permission based, opt-in email solicitation to users to co-brand products.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Jeff Berkowitz EZ2 Companies, Inc. 561-348-0524
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ACBT (.12) Has Formed Strategic Alliance With Global BPO Company
PrimeZone "PrimeZone "
MANALAPAN, N.J., Sept. 20, 2006 (PRIMEZONE) -- AccountAbilities, Inc. (Pink Sheets:ACBT) an established provider of financial personnel staffing services, professional marketing services and management consulting services to CPA and other professional firms announced today that it has formed a strategic alliance with NDS InfoServ based in Mumbai, India.
NDS InfoServ is a fast growing, global BPO and IT services company with a track record of making outsourcing work. NDS' back office services span a diverse range of functions and verticals, some of which include: Accounts Payable, Healthcare Claims Processing, Mortgage Post Close Audit, Insurance Collateral Protection, Subscription Management, Donation Management, Response Management, Information Database Creation, Benefits Administration, Payroll Processing, Business Intelligence & Analytics and Software Development Services.
Allan Hartley, President of Accountabilities stated, "This strategic alliance will help AccountAbilities in being more efficient in providing our clients with a source of recruiting help in the high demand areas of Accounting/Finance and other professional skill sets. This will also provide our clients to enter into the BPO arena, which will help them to be more efficient in controlling costs. This strategic alliance is another example of how AccountAbilities is working with clients on another level beyond staffing and becoming a true service company in the financial staffing sector."
RK Gupta, CEO of NDS InfoServ states, "This strategic alliance with AccountAbilities will allow smaller to mid-sized corporations to take advantage of outsourcing similar to what larger corporations have been doing for years. With AccountAbilities expertise and credibility in the financial/accounting industry, it will be able to provide outsourcing opportunities to its clients and CPA partners."
About AccountAbilities, Inc.
AccountAbilities is engaged in the Professional Staffing Industry providing accounting through its Accounting/Finance Division, and IT, Engineering and Scientific through its Technical Services Division. AccountAbilities, through its Partner on Premise Program, provides accounting (CPA) firms and professional firms and companies the opportunity to partner in AccountAbilities staffing network. The Company also offers productivity based staffing solutions through its Workforce Solutions Program. http://www.aabilities.com.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words "intend," "expect," "should," "project," "anticipate" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.
CONTACT: AccountAbilities, Inc. Ron Schapss (732) 333-3622 www.aabilities.com
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GlobeTel Installs Wireless Network in Germany Wednesday September 20, 6:42 pm ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 20, 2006--GlobeTel Communications Corp. (AMEX:GTE - News) today announced that its GlobeTel Wireless subsidiary has installed a HotZone 4010-based wireless broadband network in Heilbronn, Germany and is now conducting final testing of the network. The Heilbronn network is the company's first one to be completed in Germany, and will accommodate users of both broadband and wireless VoIP telephony over DECT. Source: GlobeTel Communications Corp.
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The proprietary integration of DECT-enabling technology into the network permits a typical cordless household phone to behave as a short-range mobile phone with a reach of up to 800 meters from a HotZone 4010 base. Wi-Fi Internet access will also be available within that range. Testing in Heilbronn has been conducted utilizing the network for Internet access and VoIP calls using a standard cordless DECT phone that is typical of the majority of the cordless phones sold in Germany.
GlobeTel expects, in October, to begin to sign up customers and to provide those customers with access to an initial portion of the network, covering a specific geographic area. During this initial phase, GlobeTel will closely monitor the network's capacity and stability and, once satisfied, will provide customer access to additional areas of the network based upon demand. GlobeTel expects that it will be able to give customers access to the entire network, encompassing all network access points in the city, within approximately 60 days. Once the network is fully accessible, customers who subscribe to both the broadband and voice service will be able to access their account, surf the Web or place a voice call within any part of the city and to anywhere in the world, at low cost, over GlobeTel's VoIP network.
The Company continues to build out HotZone wireless networks in the German cities of Kaiserslautern and Erfurt. It expects to begin marketing these additional networks to customers following the full activation of the Heilbronn network.
The network is 100% owned and operated by GlobeTel, and will be marketed to both residential and commercial customers in each of these three German markets.
About Heilbronn, Germany
Located in the state of Baden-Wurttemberg, Heilbronn sits on the Neckar River and is home to approximately 120,000 people. The city, at the junction of the A81 and A6 Autobahns, is approximately 100 km south of Frankfurt, and within short driving distance to Stuttgart. Its canal port is one of the most active inland ports in Germany.
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in Stored Value, VoIP and Wireless Access technologies. Individually, each of GlobeTel's five business units function as distinct, stand-alone entities. Together they're the components of the Company's SuperHub(TM) worldwide VoIP network, currently in development and to consist of the Sanswire Stratellite(TM) platform and products enabling simpler, cheaper transmission of voice, data and money. Historically focused on developing overseas markets, the Company has begun selling VoIP services and testing wireless networks within the United States. Current and pending operations exist in Asia, Africa, Europe, South America, Mexico and the Caribbean. For more information, please visit: http://www.globetel.net
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
AmeriChip International Inc. Takes Delivery of New Equipment Sep 20, 2006 11:20:00 AM PLYMOUTH, MI -- (MARKET WIRE) -- 09/20/06 -- The Board of Directors of AmeriChip International Inc. (OTCBB: ACHI) announced that it has taken delivery of a Co-ordinate Measuring Machine ("CMM") which is in an integral piece of equipment that does fine measurement for machined parts. Coordinate Measuring Machines (CMM) are mechanical systems designed to move a measuring probe to determine coordinates of points on a work piece surface. CMMs are comprised of four main components: the machine itself, the measuring probe, the control or computing system, and the measuring software. Machines are available in a wide range of sizes and designs with a variety of different probe technologies.
The Company has allocated space for a horizontal machining center for the machining of axle tubes. This center is in addition to the Doosan machining center currently used for machining parts. The Company has been very successful at financing our existing and incoming equipment requirements with the generous assistance and support of our equipment suppliers.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com, or contact R. Windsor at 905-898-2646, or send an e-mail to r.windsor*americhiplacc.com.
This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
AmeriChip International Inc. Seeks Additional Production Facility Sep 20, 2006 9:05:00 AM PLYMOUTH, MI -- (MARKET WIRE) -- 09/20/06 -- AmeriChip International Inc. (OTCBB: ACHI) announced today that with the assistance of the Michigan Economic Development Corporation and local economic development groups, the Company is currently seeking additional production facilities within close proximity to its current KSI location in Clinton Township, MI. This facility, once secured, will be used to implement production orders for its customer base serviced by AmeriChip Automotive, Inc.
"As our customer base develops," said Richard Rossmann, President of AmeriChip Automotive, Inc., "so too does our need to establish a facility that is equipped to meet our customers' diverse needs to ensure that we deliver our jobs on time. This new facility will enable the Company to service the anticipated influx of a variety of contracts over the next 6 months."
The Company is currently accepting applications and resumes for engineers and support staff.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost-saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R. Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
Contact: R. Windsor 905-898-2646 r.windsor*americhiplacc.com
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