Vocalscape Announces Launch of Peoplefone VoIP Network in Austria 9/21/2006
Peoplefone AG Launches VoIP Service in Second European Market With Technology Partner Vocalscape
WHITE PLAINS, N.Y., Sept. 21, 2006, Sep 21, 2006 (PRIMEZONE via COMTEX News Network) -- Vocalscape Networks, Inc. (OTCBB:VOSC) (Vocalscape) with Peoplefone AG announced today the launch of the Peoplefone Austria (peoplefone.at) VoIP services as well as a revenue sharing partnership for this new market.
The Peoplefone VoIP network now provides cost competitive voice communications to the retail mass market in both Switzerland and Austria using Voice over IP technology from Vocalscape. Peoplefone is available through big box retail stores including all Swiss and Austrian Media Markt and Saturn-Filialen stores as well as online at peoplefone.at.
Vocalscape has been a stakeholder in Peoplefone AG since the launch of their services in Switzerland and continues to actively support Peoplefone through service contracts and assistance in entering new markets. The relationship gives Vocalscape a foothold in the European marketplace and Peoplefone a strategic technology partner. Together, the two companies will look to expand into more markets in Europe.
"Vocalscape's unwavering support has allowed Peoplefone to launch VoIP services in Austria very quickly after our initial launch in Switzerland," stated Christophe Beaud, Chairman and CEO of Peoplefone AG. "The Vocalscape VoIP solution gives our customers quality voice services at very competitive rates and gives Peoplefone a solid technology platform from which to expand our services into new markets."
"Since their successful launch in Switzerland, Peoplefone has been a marquee client of Vocalscape. With this new venture, Vocalscape and Peoplefone have gained a stronger foothold in the European marketplace," said Ron McIntyre, President of Vocalscape Networks, Inc. "What is noteworthy about Peoplefone is that they are successfully delivering VoIP service with very little need for customer support, traditionally a heavy resource burden for Telcos. Customers are able to self manage all aspects of the service with an easy-to-use web-based interface leaving Peoplefone free to focus on expanding to new markets."
About Peoplefone AG
Peoplefone AG is licensed as a Swiss Telecommunications and Austrian Telecommunications company and is involved in the penetration of the retail mass market by providing VoIP with computer and non-computer devices to the end-user. Peoplefone AG offers Voice over IP (VoIP) services with exceptional rates. Clients get Swiss and Austrian numbers and voicemail to e-mail. Registration is free. Peoplefone devices like USB Phones are available in all Swiss and Austrian Media Markt and Saturn-Filialen. To view the new Peoplefone Austria go to http://www.peoplefone.at and www.peoplefone.com.
About Vocalscape Networks, Inc.
Vocalscape provides VoIP telephony solutions and communications software for Internet Service Providers ("ISPs"), Internet Telephony Service Providers ("ITSPs") and Telecommunications companies worldwide. Vocalscape develops VoIP and interactive communications software including Soft phone applications, Customer Acquisition and Billing Systems, SIP Servers, Gatekeepers and Virtual Calling Cards. Vocalscape's strategy is to focus on VoIP software and Long Distance termination solutions that bring together a full range of communications solutions and services thereby providing a turnkey VoIP infrastructure for ISPs, ITSPs and Telecommunications companies. http://www.vocalscape.com
Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Vocalscape operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Vocalscape's mission and vision. Vocalscape's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Vocalscape Networks, Inc. Kimberly Koch 914-448-7600 Fax: 914-448-7608 kimberly*vocalscape.com http://www.vocalscape.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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Neoprobe to Present at Bio CEO Conference; CEO to Provide Business Update 9/21/2006
DUBLIN, Ohio, Sep 21, 2006 (BUSINESS WIRE) -- Neoprobe Corporation (OTCBB:NEOP), a diversified developer of innovative oncology and cardiovascular surgical and diagnostic products, today announced that its Vice President, Finance and Chief Financial Officer, Brent Larson, will present on Thursday, September 28, 2006 at 11:10a.m. EDT, during the 17th Annual Wall Street Analyst Forum to be held at the Princeton Club in New York, NY.
Interested parties can access a live, or archived, internet broadcast of the presentation at:
Neoprobe is a biomedical company focused on enhancing patient care and improving patient outcome by meeting the critical intraoperative diagnostic information needs of physicians and therapeutic treatment needs of patients. Neoprobe currently markets the neo2000(R) line of gamma detection systems that are widely used by cancer surgeons and is commercializing the Quantix(R) line of blood flow measurement products developed by its subsidiary, Cardiosonix Ltd. In addition, Neoprobe holds significant interests in the development of related biomedical systems and radiopharmaceutical agents including Lymphoseek(R) and RIGScan(R) CR. Neoprobe's subsidiary, Cira Biosciences, Inc., is also advancing a patient-specific cellular therapy technology platform called ACT. Neoprobe's strategy is to deliver superior growth and shareholder return by maximizing its strong position in gamma detection technologies and diversifying into new, synergistic biomedical markets through continued investment and selective acquisitions. www.neoprobe.com
SOURCE: Neoprobe Corporation
Neoprobe Corporation Brent Larson, 614-793-7500 or The Trout Group Tim Ryan, 212-477-9007
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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Bravo! Foods to Present at Thomas Weisel Partners Consumer Conference 9/21/2006
NORTH PALM BEACH, Fla., Sept 21, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milks, announced today that it will be presenting at the Thomas Weisel Partners Annual Consumer Conference held at The Mandarin Oriental Hotel in New York City on September 25-26, 2006.
Roy Warren, Chief Executive Officer and Jeffrey Kaplan, Chief Financial Officer will be presenting on Monday, September 25, 2006 at 3:50pm Eastern Daylight Time. The presentation will be webcast and can be accessed on the company's website at www.bravobrands.com under the Investor section or at http://www.veracast.com/webcasts/twp/consumer06/95114238.cfm. If you are unable to listen to the live webcast, the presentation will be archived for 90 days on the company website.
About the Company
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R). Bravo!'s Slammers(R) products are available nationwide, in such popular chains as: 7-Eleven, A&P, Associated Grocers, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
Many of Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated, General Mills, Marvel Entertainment and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great-tasting drinks.
On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Company's Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
Investor Relations Contact: Integrated Corporate Relations Kathleen Heaney (203) 803-3585 Company Contact Jeffrey J. Kaplan, Chief Financial Officer (561)625-1411
SOURCE Bravo! Foods International Corp.
Investor Relations, Kathleen Heaney of Integrated Corporate Relations, +1-203-803-3585, or Jeffrey J. Kaplan, Chief Financial Officer of Bravo! Foods International Corp., +1-561-625-1411 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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SAN FRANCISCO, CA -- (MARKET WIRE) -- 09/21/06 -- NexiaSoft, Inc. (PINKSHEETS: NXSF), a holding company which invests in convergent e-commerce technology companies, announced today that it recently commenced trading on the Over-The-Counter Pink Sheets market under the symbol: NXSF. Collectively, the products of NexiaSoft's portfolio companies specialize on enabling the technology needs of the rapidly growing SME (Small and Medium Enterprise) market.
"We are pleased to announce that NexiaSoft is now a publicly traded company. This allows us to now focus on executing the Company's growth plans and continued development of leading business application software," stated Kevin Owens, CEO of NexiaSoft, Inc. "NexiaSoft is aggressively pursuing its strategic goal to build a diversified portfolio of complimentary technology companies," stated Owens.
NexiaSoft recently commenced trading on the Over-The-Counter Pink Sheets market under the symbol: NXSF and is a holding company which invests in convergent e-commerce technology companies. Companies with disruptive technology in the area of wireless, open-source, and security are particularly of interest. Through targeted investments in such companies, NexiaSoft is able to provide a compounding effect to the overall value of their portfolio.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
Contact: Brigand Balleau Vice President Marketing bballeau*NexiaSoft.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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iVOW Announces Signing of Merger Agreement for Sale of Company 9/21/2006
SAN DIEGO, Sep 21, 2006 (BUSINESS WIRE) -- iVOW, Inc. (NASDAQ:IVOW), a provider of disease management services for the treatment of chronic and morbid obesity, today announced that it has executed a definitive merger agreement with Crdentia Corp. (OTCBB:CRDT), a leading U.S. provider of healthcare staffing services. Under the merger agreement, Crdentia will acquire iVOW for approximately $3.5 million in shares of Crdentia's common stock, subject to adjustment based on the iVOW bank and financing debt assumed by Crdentia, the value of any uncollected accounts receivable at closing and the value of any iVOW warrants assumed by Crdentia determined using the Black-Scholes pricing model. The definitive merger agreement was recommended and approved by a special transaction committee of the Board of Directors and unanimously approved by all disinterested members of the Board. B. Mason Flemming & Co., Inc. provided a fairness opinion to iVOW's Board.
The transaction is subject to the approval of iVOW's stockholders, as well as the satisfaction of customary closing conditions. iVOW and Crdentia expect the closing to occur during the fourth quarter of this calendar year. Crdentia intends to operate and develop iVOW's programs for the medical management of chronic and morbid obesity. As part of the transaction, Crdentia intends to apply to have its common stock approved for quotation on the Nasdaq Capital Market.
In addition, iVOW announced that, effective September 20, 2006, Fred Toney resigned from the Company's Board of Directors.
About iVOW, Inc.
Our business is focused exclusively on the disease state management of chronic and morbid obesity. We provide program management, operational consulting and clinical training services to physicians and hospitals involved in the medical and surgical treatment of morbidly obese patients. We also provide specialized vitamins to patients who have undergone obesity surgery. Our corporate website is www.ivow.com; information on our nutritional supplements for post-surgical gastric bypass patients may be found on www.vistavitamins.com. iVOW is the new corporate name of Vista Medical Technologies, Inc. iVOW is traded on the NASDAQ Capital Market under the stock symbol IVOW.
About Crdentia Corp.
Crdentia Corp. is one of the nation's leading providers of healthcare staffing services. Crdentia seeks to capitalize on an opportunity that currently exists in the healthcare industry by targeting the critical nursing and allied shortage issue. There are many small, private companies that are addressing the rapidly expanding needs of the healthcare industry. Unfortunately, due to their relatively small capitalization, they are unable to maximize their potential, obtain outside capital or expand. By consolidating well-run small private companies into a larger public entity, Crdentia intends to facilitate access to capital, the acquisition of technology, providing greater diversity of client services and expanded distribution that, in turn, drive internal growth. For more information, visit www.crdentia.com.
Forward Looking Statements
This news release may contain forward-looking statements concerning the business and products of iVOW, Inc. Actual results may differ materially depending on a number of risk factors inherent in our business which are described in iVOW's Securities and Exchange Commission filings which are available at www.sec.gov. In addition, there can be no assurance that iVOW and Crdentia will complete the transactions contemplated by the Merger Agreement, or that iVOW will be able to satisfy all required closing conditions, including obtaining the requisite stockholder approvals. iVOW undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Additional Information about the Merger and Where to Find It
In connection with the merger, Crdentia and iVOW intend to file relevant materials with the SEC, including a registration statement on Form S-4 that will contain a prospectus and a joint proxy statement. INVESTORS AND SECURITY HOLDERS OF CRDENTIA AND IVOW ARE URGED TO READ THESE, WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT CRDENTIA, IVOW AND THE MERGER. The proxy statement, prospectus and other relevant materials (when they become available), and any other documents filed by Crdentia or iVOW with the SEC, may be obtained free of charge at the SEC's web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Crdentia by directing a written request to: Crdentia Corp., 5001 LBJ Freeway, Suite 850, Dallas, TX, 75244, Attention: Investor Relations, or iVOW, Inc., 11455 El Camino Real, Suite 140, San Diego, CA 92130, Attention: Investor Relations. Investors and security holders are urged to read the proxy statement, prospectus and the other relevant materials when they become available before making any voting or investment decision with respect to the merger.
Crdentia, iVOW and their respective executive officers and directors may be deemed to be participants in the solicitation of proxies from the stockholders of Crdentia and iVOW in connection with the merger. Information about those executive officers and directors of Crdentia and their ownership of Crdentia's common stock is set forth in Crdentia's Form 10-K/A, which was filed with the SEC on April 28, 2006. Information about the executive officers and directors of iVOW and their ownership of iVOW's common stock is set forth in the proxy statement for iVOW's 2006 Annual Meeting of Stockholders, which was filed with the SEC on May 10, 2006. Investors and security holders may obtain additional information regarding the direct and indirect interests of Crdentia, iVOW and their respective executive officers and directors in the merger by reading the proxy statement and prospectus regarding the merger when it becomes available.
This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
SOURCE: iVOW, Inc.
iVOW, Inc. Richard Gomberg, 858-703-2820
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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Discovery Channel Goes Full Throttle with Star Racer - Search for Canada's Best Racer Takes to the Track Oct. 24 9/21/2006
TORONTO, Sep. 21, 2006 (Canada NewsWire via COMTEX News Network) -- - Canadian racing icon Paul Tracy on elite judging panel -
Got the need for speed? Follow Canadian drivers pushing the limits and their cars for a shot at the glamorous and dangerous world of big-time auto racing when Discovery Channel's original eight-part series Star Racer shifts into high gear Tuesdays at 10 p.m. ET/PT beginning Oct. 24 (for even more racetrack intensity, the series airs in High Definition simultaneously on Discovery HD). Produced by Toronto's Insight Productions (Canadian Idol, the JUNO Awards) in association with Silverscreen International, Star Racer explores the world of auto racing and those fearless drivers who aspire to become the next circuit champ. Ride shotgun as this series reveals the fervent desire within every driver - the need to harness the power of a truly fast car - and the compulsion to be the fastest of all. But not just fast - the winner will be the driver with the most technical acumen, split-second instinct and a mastery of the manipulation of speed. At the end, the Grand Champion - the one who has all the right stuff to be declared Canada's fastest racing star - will receive the ultimate prize: a full-season sponsored ride on Formula Star Mazda circuit with the AIM Racing Team.
According to ASN Canada FIA (Federation Internationale de l'Automobile), there are approximately 4,000 Kart drivers racing in Canada each season; 3,000 racers divided between Road Circuit Racing, Rallysport, and Solosport; and several thousand participating at the local club level in other motorsport disciplines, including stock car racing, drag racing, motorcycles, etc. Few drivers in the motorsports will ever see their full potential - it is a very expensive endeavour and most aspiring racers will exhaust their financial resources well before they run out of passion for the track. In the Karting world, specifically, racers will spend $50,000-70,000 for the season to stay competitive - with some racers spending up to $150,000 - to stay in the game, necessitating both sacrifice and lucrative sponsorships to continue to ride. For these young drivers, a career making shot at the big time - fully sponsored - is a chance to keep their pro racing dreams alive against near-impossible odds.
Strap in for a ride that starts by narrowing down the field - Karters, stock car drivers, motorcycle riders, sports car racers, motocross and speed demons from every driving discipline are cast and qualified at existing events held across Canada. Once qualified, the 16 finalists (eight Karters; eight drivers from other racing sports, dubbed "the Others"; plus two wildcard racers in reserve) rally at the world famous Jim Russell Driving School on the legendary Le Circuit racecourse in Mt. Tremblant, Quebec. Split into two rival teams - Team Mazda and Team Castrol - the competition begins in earnest... on the track and off! Each driver will strive to master the science presented by the track, the cars and the competition.
Hosted by actor and racing enthusiast Yannick Bisson (Hockey Night, Sue Thomas F.B. Eye), Star Racer has discovered the most promising racers in the country, and for one exceptionally talented driver, will make his or her pro racing dreams come true. The contenders will be evaluated by a superstar panel of judges, including Canadian racing legend, Paul Tracy; and racer, teacher and author, Derek Daly.
Star Racer is about the discovery of the one determined racer who blows away the competition; the one who takes the checkered flag and also upholds the complex code of sportsmanship expected of a champion racer. Episodes One and Two of Star Racer chronicle the individual journeys of up-and-coming racers who can't wait to get behind the wheel and accelerate their racing careers. But just who are these undiscovered racers?
<< Team Mazda: ----------- - Racer A, 21, from Grand-Mere, Que.: "In February I was involved in a big crash. I broke my arm. It is not my type to quit and let my team down, so I raced with one arm to the end. I only went to the hospital after the race..." - Racer B, 21, from Fonthill, Ont.: "The problem is, Karting championships and awards don't get drivers very far unless you carry a heavy wallet." - Racer C, 29, from Penetanguishene, Ont.: "My greatest strengths are my senses: my eyesight, hearing, and sense of touch have been tuned through years of action sports to sense engine vibration, vehicle dynamics, the best line on the track and other sensory cues." - Racer D, 22, Beaconsfield, Que.: "I welcome any help I can get in succeeding in the sport I love. Despite my need for financing, I could not get involved with people who did not meet my standards of integrity and honesty." - Racer E, 27, from Toronto, Ont.: "Winning is always my first and foremost goal. I believe in good sportsmanship and fair play; I believe in winning through hard work and determination." - Racer F, 26, from Toronto, Ont.: "I have a passion for knowledge and work really hard to always better myself - being a pro racer isn't just about talent, it's a lot of hard work and practice. - Racer G, 29, from Sherwood Park, Alta.: "Winning is everything to me. It is the ultimate completion of a goal; without winning, is the goal or challenge met?" - Racer H, 27, from Edmonton, Alta.: "I've always been into cars as a kid. My favourite toys were matchbox cars, and I loved watching racing with my dad. I have spent countless hours playing racing computer games." Team Castrol: ------------- - Racer I, 19, from Burnaby, B.C.: "Winning is important but finishing the race in the top three is more important because you don't have to win every race to be a champion!" - Racer J, 23, from Stouffville, Ont.: "There is no doubt in my mind that I could be a pro racecar driver, but I have learned that talent can only take you so far and money is the determining factor." - Racer K, 16, from Stouffville, Ont.: "My nickname since I was seven was 'Rocketman' after my first race win. Winning is fun, but the thrill of competing wheel to wheel is a life- changing experience." - Racer L, 22, from Langley, B.C.: "A Karter accused me of bumping him off the track on purpose. I told him I never did that on purpose and it wasn't my fault - I'm a very clean driver and told him I was sorry." - Racer M, 19, from Winnipeg, Man.: "I was put into a foster home when I was seven years old and my foster parents loved racing. They got me into Karting in 1997 and since then I've wanted to be a pro racecar driver." - Racer N, 19, from Ottawa, Ont.: "A pro racer must be a good role model and be able to represent their team, sponsors and the sport itself in a responsible manner - I think I possess these skills." - Racer O, 24, from Vancouver, B.C.: "Racing is a life long love and dream of mine. I got an after-school job at a local go-Kart track just so I could take my race Kart on the track after hours to practice." - Racer P, 26, from Brampton, Ont.: "Winning is everything - 2nd place is the first loser." Reserve Racers: --------------- - Racer Q, 20, from St-Bruno, Que.: "Ever since I started racing, I have not lost a championship of any kind. Racing is my hobby and my dream and my life." - Racer R, 22, from Leamington, Ont.: "Criticism was coming from everyone; all the guys that I raced against thought I shouldn't be there. I was good enough to be there - the only reason they didn't like it was because I am female." >> Once the 16 racers, plus alternates, are found, Star Racer accelerates with an adrenaline-packed rush to the finish line that will see one exceptional driver win the chance of the lifetime. Episode highlights from Star Racer include:
Star Racer: Episode 1
Tues., Oct. 24 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
Star Racer opens in the fast lane, from the world of big time racing at the Montreal Grand Prix. Host Yannick Bisson - a lifelong race fan - sets the stakes: for the next eight weeks, Star Racer will chronicle the discovery and the episode-by-episode elimination of the country's most promising young racers. In the opening episodes, Star Racer combs the country, attending racing events on a quest to find the best racers. At the starting line, eight racers from the Karting world and eight drivers from other racing disciplines will be gunning for the career-making title - but first, we have to find them.
In Episode One, meet 16 of the contending Karters, eight from the King Of The Bay Race in Barrie, Ont., and eight from the Quebec Cup in St. Roch, each selected by the attending officials to pre-qualify for the event. Then, meet the first three finalists from the other racing disciplines. As the episode closes, the lines between the two groups, the Karters and the Others, are drawn.
Star Racer: Episode 2
Tues., Oct. 31 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
The search for Star Racer hopefuls heads west as casting of the eight Karters continues at the National Karting Championships in Edmonton and four more of the pre-qualified Others are introduced. In pursuit of the same - and solitary - prize, the tension between the Karters and the Others is palpable, as the Karters still struggle to qualify for the Star Racer Finals to be held at Mt. Tremblant, Que. The episode concludes with shock, heartbreak and a stunning surprise when all 24 Kart racer pre-qualifiers gather in the garage to hear the judges' decisions and learn which racers make the cut and will be heading to Mt. Tremblant, and which racers are going home. In a last-minute twist, two additional Karters are put on the reserve list... the race is on!
Star Racer: Episode 3
Tues., Nov. 7 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
Episode Three revives the dream of one lucky driver who just missed the cut at the conclusion of Episode Two - a space has opened up for them in Mt. Tremblant. Convening at the mountain resort, the 16 racers are divided into two rival camps - Team Mazda and Team Castrol - each team moving into luxury chalet digs. Each team, in their new team uniforms, assembles on world-renowned track at Le Circuit to meet their instructors, familiarize themselves with the facilities, hear the ground rules at the Jim Russell driving school and sit in the open-wheel racecar for the first time. Then, the star judges make their first appearance and address the hopefuls before they face a battery of fitness tests.
Star Racer: Episode 4
Tues., Nov. 14 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
It's back to class for the Star Racer competitors. After a safety review, the class moves out onto the track where the key lessons are underscored and then into the F-2000 Van Diemen Racecars for controlled lapping. It becomes evident very quickly who are smoothly making the transition to open-wheelers and which racers are struggling. In the background, the reserve racers also go through the process - nipping at the heels of the qualifiers. The racers take the school test and results are posted - driving the spirit of competition to a new high. The on-track performance of the drivers is evaluated and leads to the first elimination round of the Finals. Two drivers are going home - will they be team members who will be replaced by the reserve drivers, or will the reserve racers see their dreams on the track dashed?
Star Racer: Episode 5
Tues., Nov. 21 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
Today, the racers will face time trials that will send two drivers from each team home. Rivalries between the Karters and the Others - and between Team Mazda and Team Castrol - take hold. At the track, the instructors go through the time-trial instructions and the racers strap into their cars. The track record is set as a marker on the big screen and one by one the racers tear up the track at Le Circuit while the rest look on. Who makes disastrous mistakes under pressure? Who rises to the challenge to turn in perfect laps? The judges evaluate each driver and deliver their verdict, sending four drivers home. Now down to 12, the chalets merge as both teams move into a single house.
Star Racer: Episode 6
Tues., Nov. 28 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
The day of reckoning arrives for Team Castrol. It's race day at last and the six remaining Team Castrol members head to the track. Only four will return to the chalet for dinner as two more drivers leave their racing dreams on the track. The Team Mazda members will face an off-track surprise challenge of their own before moving to the main track to watch the Team Castrol race. With the competition watching, the Team Castrol drivers take warm-up laps and then go through a qualifying session. The pole position is awarded to the fastest qualifier and the starting grid is set. The race passes in a blur and at the end, the checkered flag flies as the race winner takes a victory lap. Then, one by one, the racers are called before the judges to hear their evaluation and learn their fate. Potential, character, teach-ability, performance and teamwork are evaluated - how will each racer measure up against the challenges and responsibilities on the pro circuit should he or she win the coveted prize? Four drivers will hit the track another day; two are sent home.
Star Racer: Episode 7
Tues., Dec. 5 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
Today, Team Mazda revs up for their semi-final challenges on the track, while the four remaining Team Castrol members face an off-track surprise challenge. The Team Mazda drivers go through last-minute details with the instructors and the pit crew, strap in and hit the track for warm-up laps. The green flag falls and it's go time. The victory lap goes to the race winner then, each racer is called before the judges to hear their evaluation and learn their fate. Potential, character, safety, coach-ability, performance and teamwork are measured. For four drivers, the goal is within their grasp; two drivers are heading home. The last eight savour this moment - only one race stands between each finalist and his or her Star Racer dream. Tomorrow one of them will pull ahead of the rest to win the ultimate prize.
Star Racer: Episode 8
Tues., Dec. 12 at 10 p.m. ET/PT on Discovery Channel and Discovery HD
It's all on the line today as the eight final racers arrive at the track. The judges pass through and offer invaluable advice, and the instructors lay down the ground rules, including a mandatory "pit stop" during the race. The drivers rev their engines, hit the track to warm up, and proceed through the qualifying laps. They take their place on the grid and when the green flag falls, it's anyone's race. Then, final victory as one driver wins the race of races and earns the title Star Racer.
Experience the world of Star Racer online. Visit StarRacer.ca (also integrated into DiscoveryChannel.ca), for weekly updates, special sections for Team Mazda, Team Castrol and the Judges, plus a chance to virtually race the track with the official Star Racer flash racing game! The "Edge Ahead Star Racer Pool," sponsored by Edge shaving gel, offers a viewer the chance to score points along with the show by predicting who will be this year's Star Racer. Weekly and Grand prizes will be awarded to the pool point leaders.
Star Racer will also rev up the new Discovery Broadband Channel available at http://broadband.discoverychannel.ca. Discovery Broadband will feature full episodes of Star Racer one week after they premiere on Discovery's broadcast channel and carry exclusive bonus footage only available on broadband.
The Discovery Broadband Channel is part of the expanding CTV Broadband Network; Canada's first multi-channel, programmed broadband network. Discovery Broadband is a free, premium video service that offers online viewers full-length Discovery Channel programs and exclusive bonus footage, brought to you on-demand and in enhanced resolution.
Discovery Channel
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Bold and leading edge, while informing and entertaining, Discovery Channel is Canada's leading source for factual programming, as it puts a new spin on exploring adventure, science and technology. This award-winning channel covers the scientific beat, from animals to the animalistic side of humanity, from the sea to space, and the latest in innovation. Roper Reports Canada has ranked Discovery Channel Canada first among all English-language Canadian specialty networks for overall quality of programming for eight consecutive years. Discovery Channel is one of the first Canadian specialty channels to offer programs in HDTV and its production house, Exploration Production Inc. (EPI), continues to be internationally recognized as a producer of cutting-edge programming. The channel's Web site may be found at www.discoverychannel.ca.
Discovery HD:
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Taking Discovery Channel programming to a bigger and bolder platform, Discovery HD is Canada's first 24-hour specialty service broadcasting exclusively in High Definition. With a fascinating perspective on science and technology, adventure, engineering and natural history, Discovery HD is at the forefront of innovative factual storytelling, fusing critically acclaimed programming from Canada and around the world with the latest in High Definition technology. Discovery HD is wholly owned by Discovery Channel Canada, a joint venture between CTV Specialty Television Inc. and Discovery Communications.
SOURCE: Discovery Channel
SOURCE: Bell Globemedia
Jodi Cook, (416) 332-4426 or jcook*discovery.ca, Manager, Communications; Alexis Hood, (416) 332-5076 or ahood*discovery.ca, Publicist, Communications
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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BTV-Business Television Features J-Pacific 9/21/2006
VANCOUVER, BRITISH COLUMBIA, Sep 21, 2006 (CCNMatthews via COMTEX News Network) -- J-Pacific Gold Inc. ("J-Pacific") (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to announce that the company will be featured on BTV, airing Saturday, September 23, and Sunday, September 24, with the broadcast schedule detailed below. BTV interviews President and CEO Nick Ferris at J-Pacific's Vancouver headquarters, discussing the company's future plans.
BTV (www.b-tv.com) is a nationally syndicated half-hour weekly business program that profiles emerging growth companies across Canada and the U.S. With host Taylor Thoen, BTV features companies at their locations, features their products, interviews key executives, and unveils their plans for future growth.
BTV BROADCAST TIMES
CANADA Ontario: SUNTV - Sun. Sept. 24 * 9:00am EDT BC/Washington: KVOS TV - Sun. Sept. 24 * 4pm PDT AB/Edmonton: CITY TV - Sat. Sept. 23 * 10:30am MDT Bell Express VU and Star Choice: West SUNTV - Sun. Sept. 24 * 6:00am PDT
UNITED STATES America One - Sat. Sept. 23 *10:30 am EST www.americaone.com WVVH South Hampton, NY WSPY Plano, IL WZBN Trenton, NJ ShelbyTV Shelby Township, MI KKAX Kingman, AZ WIVM Canton, OH K48BK Dove Creek, CO K27FA Craig, CO WRCF Orlando, FL WLLS Indiana, PA WLNN Boone, NC W34AX Henderson, NC W67CD Sanford, NC WYBE Southern Pines, NC WBKA Bucyrus, OH CTV12 Cedar City, UT VTV Vernal, UT WBII Ashland, MS WPRQ Clarksdale, MS KXOK Enid, OK KXOC Oklahoma City, OK KWEM Stillwater, OK KEEN Las Vegas, NV KMCA Redding, CA TV9 Troy, OH WRBD Pensacola, FL KDAO Marshalltown, IA KTYJ Coeur d' Alene, ID NSU22 Natchitoches, LA WBCF Florence, AL W35AY Hilton Head Island, SC WJTS Jasper, IN WGTN Worthington, MN KCCE San Luis Obispo, CA W35BB Dublin, GA IMAGE Erie, PA KPIF Pocatello, ID K23BJ Lake Havasu City, AZ UPN23 Hornell, NY WEBU Webb, MS WLMO Lima, OH WHAN Salem, IN
J-Pacific is a junior resource company focused on gold exploration and mining in North America. J-Pacific owns the past-producing Blackdome gold mine in south-central British Columbia, and is completing exploration in immediately adjacent areas and on the Elizabeth Project, approximately 30 kilometres to the south. In addition, J-Pacific has been actively exploring in Quebec on the Montgolfier Project, 35 kilometres east of the Casa Berardi Project, held by Aurizon Mines Ltd.; and also on the Callaghan and Golden Trend Projects, in the Cortez district of Nevada.
On behalf of the Board of Directors,
N. Ferris, President and CEO
SOURCE: J-Pacific Gold Inc.
J-Pacific Gold Inc. Investor Relations 1-888-236-5200 ir*jpgold.com www.jpgold.com
Copyright (C) 2006 CCNMatthews. 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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Integrated Data Corp Supports Acquisition of DataWave Systems by InComm Holdings 9/21/2006
WILMINGTON, Del., Sept. 21, 2006, Sep 21, 2006 (PRIMEZONE via COMTEX News Network) -- In response to the Form 8-K filed by DataWave Systems Inc. (OTCBB:DWVS) ("DataWave") on September 19, 2006, the management of Integrated Data Corp. (Pink Sheets:ITDD) ("IDC") is pleased to announce its support of the planned DataWave acquisition by InComm Holdings, Inc. Under the terms of the Agreement and Plan of Merger as set forth in Exhibit Number 2.1 of the DataWave Form 8-K, InComm will pay approximately $0.62 in cash for each outstanding share of DataWave stock. IDC currently is the beneficial holder of record of 24,884,530 shares of DataWave stock of which 21,110,612 shares belong to IDC. Ownership of the remaining 3,773,918 shares are to be transferred to Integrated Technologies & Systems Ltd, a greater than 10% shareholder in IDC, with an effective date of January 3, 2006 in fulfillment of the Asset Purchase & Loan Repayment Agreement with Integrated Technologies & Systems Ltd dated August 25, 2005 (see IDC Form 8-K filed August 26, 2005). With its 21,110,612 DataWave shares, the proposed DataWave acquisition could yield IDC approximately $13 million in working capital, or a value of approximately $1.66 per IDC outstanding share.
The management and board of IDC is currently considering using this working capital to invest in Bahamian resort property and associated utility operations, to invest further in telecommunication opportunities, for distribution of dividends to its shareholders, or any combination of the preceding. Any decisions will be subject to recommendation and approval by the board and approval of the majority of IDC's shareholders.
About Integrated Data Corp. (http://www.IntegratedDataCorp.com)
Headquartered in Wilmington, DE, Integrated Data Corp. (IDC) is an international holding company with interests in the U.S., Canada, and the U.K. IDC's subsidiaries offer a range of telecommunications, wireless, point-of-sale activation, financial transaction and other services.
This press release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Words such as "expect," "believe," "anticipate," "may," "will," "plan," "intend," "estimate," "could," and other similar expressions are intended to identify these forward-looking statements. Examples of forward-looking statements in this release include the considered use of proceeds from the proposed DataWave acquisition and the amount and payment of the merger consideration. Integrated Data Corp. does not assure the future results or outcome of the matters described in forward-looking statements; rather, these statements merely reflect current expectations of the approximate outcomes of the matters discussed. These statements by Integrated Data Corp. are subject to certain risks, including, among others, the ability of the parties to perform their obligations under the merger agreement, general economic conditions, reactions from DataWave customers and suppliers from the announcement of the merger, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, which are available at the SEC website at www.sec.gov.
"DataWave" is a registered trademark of DataWave Systems, Inc.
Integrated Data Corp. Abe Carmel Dave Bryan 484-212-4137 info*IntegratedDataCorp.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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Conversion Solutions Holdings Corp Announces Results of Emergency Board Meeting of AISS and Additions to BOD and Infrastructure Thursday September 21, 7:08 pm ET
KENNESAW, Ga., Sept. 21 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation, announces the following current events have taken place. ADVERTISEMENT
CSHC would like to announce that during an Emergency Board meeting called for the Joint Venture Corporation of American International Smart Structure, it was voted and resolved to remove Dr. Thomas Mensah as President and CEO of AISS and to offer a share swap transaction to all Georgia Aerospace shareholders.
Notice: To all Georgia Aerospace shareholders, please contact Mitchell Sepaniak at 770-420-8270 Extension 2382 to arrange a share swap transaction for CSHC.
"This is a regretful situation but necessary. AISS is a JV corporation of CSHC and will continue to be so. We will escrow the funds for the project and proceed forward after the appointment of a new Board of Directors and Officers," stated Rufus Paul Harris, CEO.
CSHC would also like to announce the addition of Sabra Dabbs and Mitchell Sepaniak to our team of professionals.
Ms. Sabra Dabbs has been added to the Board of Directors as Corporation Secretary and Executive Vice President of Global Investments of Conversion Solutions Holding Corp. Ms. Dabbs is active in global asset management, investments, finance, business development and development of corporate infrastructure. Her experience includes more than twenty years in management; nine years of finance, mergers, and acquisitions; and five years in international business development and negotiations at the highest levels. She has first hand experience in emerging markets in the Far East, Latin America, and the Eastern Europe. Ms. Dabbs' business career has included ownership of several companies within the United States and internationally, covering a spectrum of interests within Corporate Management, Financial Advisory, Project Funding and Information Technology.
Mr. Mitchell Sepaniak has over 25 years of experience at the Executive management level with WebMD, ADP, National Data Corporation, Ciba, and Bausch & Lomb. Most recently, he was the CEO of Weida Corporation.
"Mitchell brings to CSHC experience in creating strategies and managing multi-national companies, a rich leadership background in blue chip, mid-size and start up firms. His success in building companies, products, and brands, through organic and business development means will greatly enhance our success with each investment project," stated Sabra Dabbs, EVP.
"Ms. Dabbs and Mr. Sepaniak are a wonderful addition to our team. Their abilities to resolve issues in an expedient manner is nothing short of amazing," stated Rufus Paul Harris.
About Conversion Solutions Holdings Corp
CSHC is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHC's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHC is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.
Contact: Conversion Solutions Holdings Corp 770-420-8270 Ben Stanley - Ext. 2383 Rufus Harris - Ext. 2384 Sabra Dabbs - Ext. 2385 Mitch Sepaniak - Ext. 2382
Posts: 572 | From: usa | Registered: Aug 2006
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CORRECTING and REPLACING American Home Market Corporation Reinforces Intent to Consummate Merger with eTelCharge.com 9/21/2006
DALLAS, Sep 21, 2006 (BUSINESS WIRE) -- Second graph, second sentence of release should read: American Home Market has provided its unaudited financials to eTelcharge's auditors and securities attorneys. (sted ...audited financials to eTelcharge's auditors and SEC attorneys.).
The corrected release reads:
AMERICAN HOME MARKET CORPORATION REINFORCES INTENT TO CONSUMMATE MERGER WITH ETELCHARGE.COM
American Home Market Corporation's ("AHM") Chairman and Chief Executive Officer, Ray Jackson, Esq. today announced that it is the Company's intention to consummate the merger with eTelcharge.com Inc. (OTCBB: ETLC).
Mr. Jackson, stated, "Although delayed, it is our hope to close this merger in a practicable time frame. American Home Market has provided its unaudited financials to eTelcharge's auditors and securities attorneys. Our mission is to make this synergistic alliance formally one company and utilize AHM's established marketing team to further the benefits of the Alternative Payment System offered by eTelcharge."
"Our goal is to remain completely transparent throughout this process while remaining compliant with all regulatory agency requirements," Jackson concluded.
SOURCE: American Home Market Corporation
American Home Market Corporation Ray Jackson, 972-708-5294
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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Bulldog Technologies Winds Down Operations 9/21/2006
Bulldog Lays Off Workforce and Mr. Robin Wald Resigns as Director
RICHMOND, BC, Sep 21, 2006 (MARKET WIRE via COMTEX News Network) -- Bulldog Technologies Inc. (OTCBB: BLLD), today announced that the Company's workforce of approximately 28 persons were laid-off on September 15, 2006 and that ongoing operations have ceased. In addition, Mr. Robin Wald, former Chief Technology Officer, resigned as a director of the Company and is no longer employed by Bulldog.
On September 24, 2006, the Company is required to make a repayment of principle to the Holders of the February 2006 Convertible Notes in the approximate amount of $143,000. On September 30, 2006, the Company's $750,000 Promissory Note will also be due. As a result of the Company's current financial position, it is unlikely that the Company will be able to meet its obligations. Therefore, the Company expects that it will be placed in default of the February 2006 Convertible Notes, the August 2005 Convertible Notes and the Promissory Note.
About Bulldog Technologies
Bulldog Technologies designs, develops, and manufactures its patented and FCC-certified wireless Online Security Solutions (BOSS(TM)) for supply-chain and other security and asset protection business applications. With an estimated $6 billion in reported cargo theft annually, Bulldog's BOSS(TM) products are designed to increase supply chain operational efficiency, security, and reduce and deter overall losses. The Company also has the ability to offer substantial assistance to corporations, governments and law enforcement agencies in maintaining the integrity and traceability of cargo and containers as they enter or exit sovereign territory, are processed and re-distributed to final destinations. For further details on the Company and its products, please visit the Company's website at www.bulldog-tech.com.
Bulldog Technologies believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties. Such statements are based on management's current expectations and are subject to facts that could cause results to differ materially from the forward-looking statements. For further information you are encouraged to review Bulldog's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-KSB for the period ended August 31, 2005, and Quarterly Reports on Form 10-QSB for the periods ended November 30, 2005, February 28, 2006 and May 31, 2006. The Company assumes no obligation to update the information contained in this press release.
Distributed by Filing Services Canada and retransmitted by Market Wire
Company Contact: Paul G. Harrington President & CEO (604) 271-8656 www.bulldog-tech.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Thursday, September 21 2006 4:05 PM, EST Quantech Receives Enthusiastic Response to Its Mobile Advertising Platform PrimeZone "PrimeZone " LONDON , Sept. 21, 2006 (PRIMEZONE) -- Quantech Electronics Corp. (Pink Sheets:QTCE), software developer for marketing communications, announced that it has received enthusiastic responses to its mobile-based advertising solutions. Quantech announced that it has received very enthusiastic responses to its mobile-based advertising solutions for marketers of all sizes. Marketers are showing a high appetite to get connected to cellphones, due to the very personal nature of the medium, and the special demographics of cell phone users. Surveys show that the vast majority of major brands plan to market via mobile phones by 2008, and will allocate up to one quarter of their total advertising budgets to mobile marketing. Quantech's new mobile platform provides marketers with a flexible scalable solution for cellphone advertising based on different advertising vehicles, including banner advertisements, location based advertising or opt-in services. "In location-based advertising, carriers hook up to GPSs embedded in cellphones, to track user movement so that users receive targeted advertisements of businesses in a specific geographical location, for example," notes Liat Matilsky, CEO of Quantech. "Other options are opt-in advertising services where consumers sign up for advertising about items that interest them. Quantech's platform makes it all happen, and collects important behavioral based marketing data that is so important for marketing at the same time." "Quantech is continuously expanding its mobile platforms, to make the most of the "fledgling" market for mobile television, which is is forecasted to continue to grow exponentially as well as internationally," added Liat Matilsky. Jupiter Research found that the American mobile video market will generate approximately $501 million by 2010, although it will only represent 5 percent penetration among mobile subscribers. In other words, by 2010, 12 million of the 246 million estimated cell phone subscribers in the U.S. will use mobile video regularly. About Quantech Quantech Electronics Corp. is a web-based software development company based in the UK, that offers development services focusing on web-based desktop communication tools, call center support tools, and development packages designed to enhance the effectiveness of web-based advertising and instant messaging. Quantech Electronics Corp. develops powerful, easy-to-use software that enhances the effectiveness and efficiency of its customers' online and offline businesses. Driven to provide comprehensive solution packages for their clients' entire online business needs, Quantech focuses on customized developments for medium to large businesses, as well as start-ups. Offering several unique technologies and forged notable strategic alliances, Quantech's rapid-response systems construct client infrastructure at competitive prices. The company's client base includes medium to large sized businesses, as well as start-ups. Forward-Looking Statements Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments. To contact Quantech or access more information, please visit our web site at www.quan-tech.co.uk CONTACT: Quantech Electronics Corp. Liat Matilsky effect1*bezeqint.net www.quan-tech.co.ukPosts: 1580 | From: World | Registered: Jul 2006
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LOS ANGELES, Sept 21, 2006 (Xinhua via COMTEX News Network) --
Scientists have rescued visual function in blind rats using human embryonic stem cells, a U.S. biotech firm reported on Thursday.
The company, Advanced Cell Technology, said implantation of retinal pigment epithelial cells derived from human embryonic stem cells were showing promising possibilities of being able to treat degenerative eye diseases such as macular degeneration.
The findings were published online in the 2006 fall edition of the journal, Cloning and Stem Cells.
The researchers said they had generated retinal pigment epithelial (RPE) cells from 18 different human embryonic stem cell lines, and then injected the RPE cells derived from one stem cell line into those rats whose photoreceptor cells were defected.
According to Dr Robert Lanza, senior author of the study from the company, the team harvested 67 cultures of RPE cells from the human embryonic stem cell lines. The RPE cells were injected into the rats' subretinal eye spaces 21 days after birth.
At 60 and 90 days after birth, the rats were tested for visual function. The researchers found that the visual acuity of the treated animals reached approximately 70 percent of normal rats, or 100 percent improvement over untreated controls.
"Embryonic stem cells promise to provide a well-characterized and reproducible source of replacement cells for clinical studies, " said Lanza, who is also the vice president of the company.
"We showed that these cells have the capacity to rescue visual function in animals that otherwise would have gone blind," Lanza added. "Importantly, the cells did not appear to cause any unwanted pathological responses in the animals following transplantation."
"Our results show that a well-characterized derivative of human embryonic stem cells -- retinal pigment epithelium (RPE) -- is capable of significant rescue of visual function in a clinically relevant animal model of retinal disease," the researchers concluded in their paper.
When treating patients with degenerative eye diseases, there were numerous advantages to using human embryonic stem (hES) derived RPE cells, the researchers suggested.
First, primary RPE tissue acquired from donors could not be obtained in large enough quantities for mass clinical use. Moreover, safety and efficacy testing was difficult in practice to conduct on every adult donor source.
"In contrast, hES-RPE can be derived and maintained under well-defined and reproducible conditions using traceable reagents, including specific lots of media, sera, growth factors, and other culture materials," the researchers wrote. Copyright 2006 XINHUA NEWS AGENCY.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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LIMA, Peru--(BUSINESS WIRE)--Sept. 22, 2006--Pure Biofuels Inc. (OTCBB:PBOF - News; "Pure Biofuels" or the "Company") today announced that Mr. Luis Goyzueta, the Company's CEO, has been appointed President of the Company. In addition to his work with Pure Biofuels, Mr. Goyzueta serves as General Manager and on the board of directors of InterPacific Oil, Peru's first biodiesel company. He also sits on the board of directors of Oiltec, a petrochemical and lubricants distribution company in Peru and Gulf Oil International's former partner. Mr. Goyzueta also serves as President of two Peruvian mining companies, Compania Minera Moria and Minera Inka Sol. In addition to his Peruvian natural resource expertise, Mr. Goyzueta holds a degree in Economics and Finance from Bentley College in Boston.
"Pure Biofuels is moving fast to be a leader in biofuel production, marketing and distribution," says outgoing President Chad DeGroot. "Mr. Goyzueta is very knowledgeable and connected. I believe that the Company and its shareholders will benefit from his expertise."
"Pure Biofuels is a rapidly emerging company in an emerging industry," says new company President Luis Goyzueta. "There is a very real opportunity to create a new, large, highly profitable, ethical, and environmentally friendly energy company."
About Pure Biofuels
Pure Biofuels is committed to being a leader in Latin America's rapidly emerging biofuels industry. Pure Biofuels' flagship project, the Callao Port biodiesel refinery near Lima, Peru, is scheduled to commence production in August 2007. The Callao Port refinery will process 48,000 gallons of biodiesel per day from crude palm oil feedstock. Pure Biofuels has secured pre-sale agreements with local fuel distributors for all of Callao Port's 16.8 million gallons of annual biodiesel production. Pure Biofuels trades under the symbol PBOF.OB on the OTC Bulletin Board.
About Biodiesel
Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines. Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming, is non-toxic at any level, and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements include, among others, the expectation and/or claim, as applicable, that (i) Pure Biofuels is moving fast to be a leader in biofuel production, marketing and distribution; (ii) I believe that the Company and its shareholders will benefit from his expertise; (iii) there is a very real opportunity to create a new, large, highly profitable, ethical, and environmentally friendly energy company and (iv) Pure Biofuels' flagship project, the Callao Port biodiesel refinery near Lima, Peru, is scheduled to commence production in August 2007.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) Pure Biofuels' ability to raise the necessary capital to complete construction of the biodiesel refinery; (ii) Pure Biofuels' ability to obtain any necessary government, regulatory or other permits or approvals; (iii) Pure Biofuels' ability to operate effectively in a highly competitive industry with many participants; (iv) Pure Biofuels' ability to keep pace with technological advances and correctly identify and invest in the technologies that become commercially accepted; (v) Pure Biofuels' ability to protect its intellectual property rights and exposure to infringement claims by others; (vi) Pure Biofuels' ability to operate the biodiesel refinery, if and when construction is completed, efficiently, without work stoppages, labour disputes, equipment/mechanical break-downs, political, economic and social unrest and in compliance with new governmental regulations; (vii) compliance with environmental, health and safety laws; (viii) Pure Biofuels' ability to establish and maintain contracts with third parties, including suppliers and distributors; (ix) Mr. Goyzueta's ability to establish and implement efficient processes and recognize and take advantage of strategic opportunities. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
Contact:
Pure Biofuels Corp. David Clifton, 778-895-3595
Source: Pure Biofuels Inc.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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GAINESVILLE, Fla.--(BUSINESS WIRE)--Sept. 22, 2006--Quick-Med Technologies, Inc. (OTCBB: QMDT - News; the "Company") today confirmed receipt of a Phase II Small Business Innovative Research ("SBIR") grant of $770,000 from the U.S. Army. The contract continues the Company's innovative research intended to develop a prototype wound dressing to speed healing of wounds from chemical blistering agents. The wound dressing being developed is based on advancements in the Company's NIMBUS(TM) technology. On July 26, 2006 the Company announced that it had been competitively selected for this grant, subject to availability of Federal funds and successful contract negotiations. Today's announcement confirms amounts and completion of the contract.
The NIMBUS technology process permanently binds polymeric antimicrobial onto surfaces that include cellulosics such as cotton and rayon, as well as various synthetics. This process enables the economical preparation of high performance wound dressings, fabrics and other medical and consumer products.
"We are very pleased with this Phase II grant from the U.S. Army," commented David S. Lerner, president of Quick-Med Technologies. "This grant will accelerate our development of advanced wound care products."
During Phase I of the grant, Quick-Med Technologies completed feasibility studies and proof of concept. The Phase II SBIR grant is worth $770,000, including $40,000 of additional funding under a Phase I (option) invoked by the U.S. Army. The total value of this contract for Phase I, Phase I (option), and Phase II is $840,000. Work under this contract is expected to be completed by 2009.
This work is supported by the U.S. Army Medical Research and Material Command under Contract No. W81XWH-06-C-0024. The Department of Defense's SBIR program was developed to stimulate technological innovation to meet military as well as commercial needs.
The views, opinions and/or findings contained in this report are those of the author(s) and should not be construed as an official Department of the Army position, policy or decision unless so designated by other documentation.
Quick-Med Technologies, Inc. is a life sciences company focused on developing broad-based technologies within the healthcare and consumer markets. The Company's two core products under development are the (1) NIMBUS(TM), a technology employing advanced polymers that can be used in a wide range of applications from advanced wound care to industrial and consumer products; and (2) MultiStat(TM) family of advanced patented methods and compounds, shown to be effective in key skin care therapy applications for cosmetic, military, and medical markets. Quick-Med Technologies, Inc. is listed under the symbol "QMDT" on the OTC Bulletin Board.
For additional information, visit Quick-Med Technologies' website: http://www.quickmedtech.com or email at info*quickmedtech.com. For Details, Contact: Natasha A. Sorobey at (561) 208-8259
Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained in this release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "to," "expect," "plan," "believe," "anticipate," "intend," "could," "would," "estimate," and/or "continue" or the negative or other variations thereof or comparable terminology is intended to identify forward-looking statements involve risks and uncertainties, including those risks that are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"), which may be accessed at the SEC's Edgar System at www.sec.gov. The award of the Phase II contract by the United States Army Small Business Innovative Research program should not be construed by any means as an indication of the present or future value of the Company or its common stock. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Unless otherwise required by applicable law, the Company does not undertake, and it specifically disclaims any obligation, to update any forward looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
Quick-Med Technologies, Inc., Gainesville David S. Lerner, 561-750-4202 or Investor Relations: 561-208-8259 info*quickmedtech.com http://www.quickmedtech.com
PRESCOTT, AZ--(MARKET WIRE)--Sep 22, 2006 -- Produce Safety & Security International, Inc. (Other OTC:PDSC.PK - News) ("PDSC"), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, announces the availability of a PROVEN OZONE PROCESS and EPA approved Products for the removal of FOOD-BORNE ILLNESS PATHOGENS from irrigation water growing Fresh Produce.
Produce Safety & Security announces the new filtration process for the removal of Food-Borne Illness Pathogens from irrigation water used for Fresh Produce Growing. PDSC has a cost effective process for the removal of Pathogens Having Been identified to have caused illness and deaths of consumers in 20 plus states. Governmental Agencies have stated that a possible cause of the outbreak may have come from contaminated irrigation or ditch water. These issues may come from nearby Dairy Operations or Feed Lots near the growing area. The nature of the dairy industry is that its operations are waste byproduct intensive, therefore sanitation is possibly the industry's biggest issue. Anyone who has been near a dairy farm can attest to this fact. Our products remove odors and improve the environment, at the dairy farm and surrounding community. The Ozone Cleaning process will clean and remove litter and manure from the facility so the Spherequat 1000 and 6400 can provide, cost effective, continuous disinfection and sanitation.
Clarence Karney, CEO, states, "By using the PDSC Food Safe Process proactive approach to sanitation and disinfection for the removal of Food-Borne illness Pathogens you will have a product with extended shelf life and free from pathogens causing illness. The irrigation process is just one of many programs to protect the food supply from the field to the table. PDSC highly valued processes add that extra value of safety for Medical Facilities, Hospitals, Hotels, Transportation, Cruise Ship Lines, Retail Chain Stores, Home units to protect the consumer's food products at home and the removal of Black Mold wherever it is present."
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.
For further product information, joint venture opportunities, distributorship program information, or program applications, please go to Produce Safety's website www.foodsafeint.com.
Safe Harbor Forward-Looking Statements
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Produce Safety & Security International, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Produce Safety & Security International, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
Contact:
For Investor Relations Information, Contact: 559-435-3311 Jean.prosafe*yahoo.com
Source: Produce Safety & Security International, Inc.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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US Commerce Department Features Universal Detection Technology's Anthrax Detection Unit in Belgium, Capital of the European Union via COMTEX
September 22, 2006
LOS ANGELES, Sept 22, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Universal Detection Technology (OTC Bulletin Board: UDTT; FWB: PO8), a developer of early-warning monitoring technologies to protect people from bio-terrorism and other infectious health threats, announced today that it has been listed on the Commercial Service's list of Featured US Exporters (FUSE) in Belgium.
The US Commercial Service through its office at the American Embassy in Belgium is pleased to promote UDTT's products and services. UDTT's information has been posted on the local US Commercial Service website and can be viewed at: http://www.buyusa.gov/belgium/en/fuse.html?exp_cat=6010&exp_pid=91 .
FUSE is a directory of US products featured on US Commercial Service websites around the world. It gives US companies an opportunity to target specific markets in the local language of business. Currently, listings are offered to qualified US exporters seeking trade leads or representation in over 50 markets around the world. This service is offered for a fee.
"As the European capital and home to the European Commission and to the Council of ministers of the European Union, Brussels is a strategically important location for our counter-terrorism services," said Jacques Tizabi, UDTT's Chairman and CEO. "As we approach the 5 year anniversary of the anthrax attacks in this country and there is a growing demand for bio-defense measures, we are very pleased to be working together with the Department of Commerce," he added.
Belgian buyers and importers interested in UDTT's products can contact the US Commercial Service's office for more information and the Company will also receive the prospects' contact information.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Summus Works, Inc. Announces Dividend to Shareholders Friday September 22, 8:00 am ET
DENVER, CO--(MARKET WIRE)--Sep 22, 2006 -- Summus Works, Inc. (Other OTC:SMMW.PK - News) announced it will distribute one million shares of Atlantis Holding Corp. common stock (Other OTC:AHDG.PK - News) to Summus Works' shareholders by way of a dividend. After consultation with the Company's legal counsel and transfer agent, the Board of Directors resolved to directly award beneficial owners of Summus Works in accordance with the Company's anti-abusive short selling program. Management noted that in addition to rewarding shareholders, the process by which shareholders will receive their dividend shares will also serve to deter abusive short selling of the Company's stock by forcing the cover of outstanding short sales. ADVERTISEMENT
The logistical details of the dividend as well as instructions for shareholders to receive AHDG shares are being drafted by the Company's legal counsel and will be issued in an upcoming press release, management stated.
The restricted shares of AHDG common stock were acquired by the Company as compensation for services contracted by Atlantis Holding Corp. 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 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. (Other OTC:SMMW.PK - News) 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.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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RMD Entertainment's Roc Monee Launches Into Rotation on Nation's Largest Urban-Specific Radio Broadcasting Company
Market Wire "US Press Releases "
PHILADELPHIA, PA -- (MARKET WIRE) -- 09/22/06 -- RMD Entertainment Group (PINKSHEETS: RMDG) proudly announced today that their star artist Roc Monee's first single "Overdrive" has been placed into rotation on stations associated with Urban broadcasting giant Radio One, Inc.
Radio One, Inc. (www.radio-one.com) is the nation's seventh largest radio broadcasting company (based on 2005 net broadcast revenue) and the largest radio broadcasting company that primarily targets African-American and urban listeners. Including announced acquisitions, Radio One owns and/or operates 71 radio stations located in 22 urban markets in the United States and reaches approximately 14 million listeners every week.
RMD's CEO Giorgio Costonis commented, "The fact that an industry broadcasting giant like Radio One recognizes Roc Monee's 'Overdrive' as a single worthy of airplay is the ultimate validation at this stage of the game." Costonis added, "We expect the same type of reception for Roc's upcoming video as well since it truly takes the audio to the next level. Roc Monee is a force to be reckoned with and we are proud that he is part of the RMD family."
RMD President of Special Projects Frederick Rollins is coordinating the national promotion effort for Roc's album. He added, "We have made substantial progress thus far in our radio promotion for 'Overdrive' leading to the in store release date of the album on September 26th. We continue to target and service key radio stations across the country with the single and expect a ground swell of additional support upon completion of the video being serviced to key television entities. This is just the first single we are servicing from the album which contains twelve banging tracks. Our game plan is to service at least five singles from the album to radio and also produce some more videos to continue to promote the album and stimulate sales. This gives us a national platform five times over to convince consumers to buy this product. We feel like it is a classic album and remain committed to our promotion schedule without hesitation. The album is so diverse and the production is so well done that we know it has something for everyone that loves good Hip Hop."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
JACKSBORO, Texas, Sep 22, 2006 (BUSINESS WIRE) -- As the second week of the Catlin Workover Project closes, Universal Property Development and Acquisition Corporation (UPDA) subsidiary, Ambient Wells Services, Inc., has directed Rockey Well Service to initiate work on its ninth well and Landmark 4, LLC. continues to complete the repair of roads, flow lines and transmission systems.
During this past week, Ambient supervised the testing of several wells that have had new tubing installed, down hole pumps replaced and pumping units repaired. As a result of these tests, the Mathis 1A showed flush crude oil production of 35 bopd.
"As we progress through the field, each well we work on has shown better than anticipated," reports Gaby Damary, Ambient COO. "As we open the wells, the pressure is strong and steady. Once the equipment and tubing is replaced and the flow lines and sales lines are repaired, we expect to turn them on and let them run. Rockey and Landmark are making impressive progress and we appreciate their professionalism and diligence."
Universal Property Development and Acquisition Corporation (UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info*updac.com
Copyright Business Wire 2006
-------------------- Trust but verify! Posts: 368 | Registered: Oct 2005
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Press Release Source: Quantum Bit Induction Technology, Inc.
QBIT Combines NGD and Software Systems Friday September 22, 11:36 am ET
HOUSTON, TX--(MARKET WIRE)--Sep 22, 2006 -- Quantum Bit Induction Technology Inc. (Other OTC:QBIT.PK - News), has initiated an experiment utilizing the newly tested NGD circuits with QBIT's proprietary software systems.
"We are watching for anomalies in the integration of the tested NGD circuits with the system software," explained President Mike Skillern. "We are very comfortable with the pace of the research and delighted with the results. These two system elements have, after overcoming some preliminary obstacles, integrated rather seamlessly."
Current QBIT projects to which the NGD experiments will be most beneficial are the Programmed Trading System and Reality Bender biased email (see website for info)
For more information on QBIT and its projects visit our website at www.quantumbit.com.
QBIT is a technology developer that works to build theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.
QBIT has applied quantum control technology to information processing electronics and has demonstrated that the probabilities associated with stochastic system data can be amplified or attenuated. Stochastic system measurement data is biased toward a target state for further processing, actualization, and observation. Underlying probabilities are affected through stochastic resonance and quantum entanglement.
The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company.
Contact:
Peter McCain 713-784-7132 pmccain*quantumbit.com
Source: Quantum Bit Induction Technology, Inc. --------------------------------------------------------------------------------
Posts: 4071 | Registered: Dec 2005
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posted
DTGP: Nice cup and handle formation occurring here. I believe we're very close to another breakout. This will be the third attempt at .085.....if we don't break through that wall this time around, I'M OUT!
Posts: 51 | Registered: Jan 2006
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posted
DCI USA, Inc. Announces Negotiations With Several Potential Strategic Partners to Raise $5-$10 Million; Strategic Investment Will Enable DCI to Significantly Enhance Its Capabilities to Invest in Additional Clean Energy Projects
PrimeZone via COMTEX
Sep 22, 2006 1:28:11 PM
DCI Also Announces Separate Plans for a $5-$10 Million Private Placement of Convertible Notes and Warrants
NEW YORK, Sept. 22, 2006, Sep 22, 2006 (PRIMEZONE via COMTEX News Network) --
DCI USA, Inc. (OTCBB:DCIU) announced today that it is in active negotiations with several strategic partners, which, if successful, would result in a $5-$10 million investment in DCI, the strategic partners becoming major shareholders in DCI, a significant increase in DCI's capital base and an expansion of DCI's capabilities in the clean energy business. The term of the transactions have not yet been determined and will be subject to further negotiations.
DCI also announced today that, separately from the proposed transactions with its strategic partners, it is planning to raise between $5 to $10 million from institutions and private investors through the private placement of securities, which will likely consist of DCI's convertible notes and warrants. The terms of the proposed offering have not yet been determined and will be subject to DCI's negotiations with the potential investors.
About us: DCI USA Inc. (OTCBB:DCIU), located in Great Neck, New York, is a publicly traded bulletin board company specializing in real estate and clean energy. DCIU will continue to invest in, operates, and manages companies in which it has taken either an equity or debt interest in the growing clean energy market. DCI's plan is to invest between $2 million and $10 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
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