Universal Express Resolves To Complete Universal Jet Acquisition
Sunday , September 24, 2006 22:56 ET
Sep 25, 2006 (financialwire.net via COMTEX) -- September 25, 2006 (FinancialWire) Universal Express Inc. (OTCBB: USXP) has begun the second and final phase of the capitalization of its ownership of Universal Jet Aviation.
Universal Jet is Universal Express' general aviation acquisition and is located at Boca Aviation in Boca Raton, Florida.
"From Universal Jet's president, management, piloting staff and maintenance crew, we have patiently struggled to make the many necessary changes to effect growth and profitability," said Richard A. Altomare, chairman and CEO of Universal Express. "This past year and a half has been a roller coaster ride; always fun, at times breathtaking, but we have arrived safely at the end of this final phase."
The changes made during the past year and a half include a reconfiguration and downsizing of the company-owned fleet while simultaneously greatly increasing the company's managed aircraft and growth revenues.
"Having turned the corner, we now see that, with Universal Express' counsel and steady hand, we have created and implemented a sound business model to further the expansion of our alliance with Universal Express," said Michael McCauley, president of Universal Jet Aviation.
The new round of capitalization will include new maintenance facility, expanded captain and copilot staff, and a highly-rarefied internal accounting department.
"This alliance should indicate Universal Express' tenacious resolve, no matter how difficult the task, to complete whatever synergistic acquisitions it pursues aggressively for the benefit of USXP and its stockholders," continued Altomare.
Universal Express terminated its coverage in Investrend Research's unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company's commitment to transparency and good governance.
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MPRG (.49) Co-Finances ''HOUND DOG,'' a Feature Film Starring Dakota Fanning Sep 22, 2006 4:15:00 PM Copyright Business Wire 2006
LOS ANGELES--(BUSINESS WIRE)--Sept. 22, 2006--
The Motion Picture Group, Inc. (Pink Sheets: MPRG), a production finance and services company, announced today that it co-financed "HOUND DOG" starring Dakota Fanning and Robin Wright-Penn. Written and directed by Deborah Kampmeier, the film also stars David Morse and Afemo Omilami. The film is currently in post-production.
"HOUND DOG," a drama set in the 1960s American South, follows the life of a troubled 12-year old girl (Dakota Fanning) who finds solace from an abusive life through blues music. Blues music is delicately woven throughout this touching film to create a colorful tapestry of a melancholy life that finds release and healing through the signing of the Blues.
Co-President Henri Kessler stated: "We were thrilled to work with this tremendously talented group. We know the importance of being a filmmaker-friendly company and pride ourselves in going to great lengths to work closely with each film's creator to maintain the original vision for the project."
Currently, The Motion Picture Group has one feature film in theatrical release, one feature film in post-production, one feature film in pre-production, and has options on several film properties. The Company is taking an aggressive view toward film financing, is negotiating a large credit facility needed to finance its planned 15-picture slate, and is continuing to look for creative production and financing opportunities.
ABOUT THE MOTION PICTURE GROUP, INC.
Founded by Henri Kessler, Scott Franklin, and Pliny Porter, The Motion Picture Group, Inc. was created to meet the needs of the international entertainment industry through financing and producing commercially driven motion pictures for the domestic and international arenas. The Company's management team has produced and developed many films that have received international acclaim and are box-office successes.
Corporate offices are located at 8157 Mulholland Terrace, Los Angeles, California 90046. Questions may be directed to Henri Kessler, Co-President at (310) 492-5560 or may be emailed to info*themotionpicturegroup.com. More information about the Company and its management is available on the Company's website at www.themotionpicturegroup.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of The Motion Picture Group, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.
Source: The Motion Picture Group, Inc.
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The Motion Picture Group Inc. Henri Kessler 310-492-5560
-------------------- The difference between genius and stupidity is that genius has its limits
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DKGR (.0055) Announce the Completion of Its Initial Assessment of the Jackpot Placer Gold Project and Announcement of Operations
Market Wire "US Press Releases "
CENTURY CITY, CA -- (MARKET WIRE) -- 09/22/06 -- Drake Gold Resources, Inc. (PINKSHEETS: DKGR) is pleased to announce the completion of its initial assessment of the Jackpot Placer Gold Project located about seven miles southeast of the town of Quartzsite in La Paz County, Arizona. Independent geologist, Craig Parkinson, identified approximately 2,050,000 cubic yards of gold-bearing material containing an estimated 205,000 ounces of placer gold resources using a possible grade of .100 ounces per yard. This resource estimate far exceeds the original estimate of 60,000 ounces by previous geologists, and translates into an average of .0667 ounces of gold per ton across the three claims comprising 200 acres.
The numbers reflected in the finalized geological report are conservative thereby revealing the potential for yielding even higher production values. Mr. Parkinson has stated that the Jackpot property "yields above average potential especially considering the gold obtained from past production on the property was extracted using inadequate methods in the past."
Summary
Total estimated gold bearing placer gravel: 2,050,000 cubic yards. Estimated gold per ton: .0667 OZ. (Based on 1 ton = 1.5 cubic yards) Total preliminary estimated ounces of gold: 205,000 OZ. Total dollar potential: 205,000 OZ. multiplied by $500 = $102,500,000 (Gross Proceeds)
Current Parkinson Geologic Services Jackpot Placer Property Mining Evaluation available here in Acrobat PDF format (PDF reader) (Sept. 22nd, 2006):
With the initial geological report completed, Drake will now complete its application for the BLM Operation Permits. The permit application should take about a week to complete and contains information such as the location of operations, the current land disturbance level created by prior operations, the estimated new disturbance that is to be created by projected operations, and the length of time the permit is to be in effect. After the permit is submitted, a reclamation bond amount will be set. This bond is to ensure that the land is restored back to within set guidelines after the termination of operations. The approval process for the BLM Operation Permit is normally 2-3 weeks.
Equipment
While waiting for the BLM Operation Permits to be issued, Drake will continue to acquire the equipment necessary to begin operations. To date, Drake has secured the use of the most expensive single piece of equipment necessary for a placer operation: the Caterpillar D9. This heavy bulldozer now resides on the Jackpot property and will be used to start stockpiling gold bearing material next week in preparation for processing. In addition, the water well which resides on the property has been repaired and is functioning. Equipment still needed are a Scrubber, Trommel, Concentrator, and a 100kw generator. Drake has located each of these items and is currently in talks to acquire them via lease or outright purchase. Normally, using this equipment, Drake could expect to process 40-45 cubic yards of gold bearing material an hour. However, utilizing the expertise of Norm Pearson, his "Rock Box" and constructing a plant, Drake is projecting with the upgrades to process up to 100 - 300 cubic yards an hour or 150 - 450 tons at its peak. Using the estimate of .0667 ounces of gold per ton, the operation may yield 10 - 30 ounces of gold an hour.
Interim CEO Clayton Smith was excited to say, "Although we were hoping to release the information previously, we are now happy to say that we will be starting operations as early as next week. Yesterday, Norm Pearson, Drake's Project Manager, and Craig Parkinson, Drake's Geologist, discussed the plan of operations after review of the report and have now outlined the next few steps that will make Drake Gold a precious metal producer."
Commenting on the addition of other experienced mining management, he continued to say, "We are now bringing in a mining team that will ensure the success of Drake's mining operations. This includes a new CFO, several directors, a compliance attorney, a business analyst and eventually a new CEO and President once I believe I have brought Drake to the producing and compliant level that will guarantee growth of shareholder value. Announcements will be made starting next week due to the fact we are now starting operations."
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact: Drake Gold Resources, Inc. Investor Relations Hotline 1-888-601-9983
Clayton Smith CEO Cell: 310-728-9445 Email: Info*DrakeGold.com
MANGOSOFT Files Patent Infringement Suit Against eBay and Skype MANGOSOFT, INC. of Nashua, NH (OTC: BB: MGOF), a developer of internet-enabling business software solutions, announced today that its subsidiary, Mangosoft Intellectual Property, Inc., had filed a civil action earlier this morning in the United States District Court for the Eastern District of Texas alleging patent infringement against eBay, Inc. of San Jose, California and its subsidiaries Skype Technologies SA and Skype Software Sarl of Luxembourg. The Complaint alleges that each of the defendants have infringed, and continue to infringe, U.S. Patent No. 6,647,393 entitled "Dynamic Directory Service" in violation of one or more provisions of 35 U.S.C. section 271. The complaint seeks damages for willful infringement as well as injunctive relief.
For Mangosoft Nancy J. Sterling, 617-348-1811
Source: Business Wire (September 22, 2006 - 5:07 PM EST)
NME Appoints Zeno to Undertake Public Relations Activity LONDON, Sept. 22, 2006 (PRIMEZONE) -- NME (OTCBB:NMEN) has appointed Zeno, a Daniel J Edelman company, to provide public relations support.
NME is a global supplier of an innovative High Definition technology format HD VMD, the next generation high storage capacity optical disc.
Zeno will support NME across global markets with a focus on Europe, US, China and India.
Sue Ryan, Chief Executive of Zeno Group London, said: "We are delighted to have been appointed by NME to support them in raising awareness of their new technology. They are at the forefront of new developments in this marketplace and it's exciting for us being part of this venture."
Mahesh Jayanarayan, CEO from NME said: "Our technology brings imminently a one of a kind for the trade and consumer therefore it is important that we have an agile and global communications partner to ensure they understand fully the benefits of our new technology."
About Edelman
Edelman is the world's largest independent public relations firm, with 2,200 employees in 46 offices worldwide. In 2006, US PR Week voted Edelman Best Large Agency of the year. In 2004, The Holmes Group named Edelman "International Agency of the Year". Edelman's network includes four specialty firms -- Blue (advertising), First&42nd (management consulting), StrategyOne (research) and BioScience Communications (medical education and publishing) -- making it possible to offer clients a comprehensive spectrum of communications services.
New Medium Enterprises, Inc. headquartered in London, UK developed and has begun manufacturing its flagship product, VMD (Versatile MultiLayer Disc), a proprietary high definition DVD which provides the world's first low-cost true High Definition solution utilizing today's red laser DVD technology and its industrial infrastructure. The VMD platform is ideal for 1920X1080i/p High Definition format, up to 40 Mb/s bitrate playback using its 20 GB -- 40 GB red laser optical discs. VMD players and burners, stand alone and computer embedded, are inherently backward compatible with DVD and CD. This is the only low-cost high-end offering to the discerning consumer comparable to contemporary DVD market prices.
For additional information about NME, please consult the Company's website at http://www.nmeinc.com.
The 'Press Release' contains forward-looking statements as defined by the federal securities laws which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information. However, there may be events in the future that we are not able to accurately predict or control. Forward-looking statements are only predictions that relate to future events or our future performance and are subject to substantial known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, outcomes, levels of activity, performance, developments, or achievements to be materially different from any future results, outcomes, levels of activity, performance, developments, or achievements expressed, anticipated, or implied by these forward-looking statements. As a result, we cannot guarantee future results, outcomes, levels of activity, performance, developments, or achievements, and there can be no assurance that our expectations, intentions, anticipations, beliefs, or projections will result or be achieved or accomplished. In summary, you should not place undue reliance on any forward-looking statements.
CONTACT: Zeno Sue Ryan 020 7208 7256 Sue.Ryan*ZenoGroup.co.uk
Distribution in Specie of Chai-Na-Ta Corp. Common Shares Held by its Major Investor Chai-Na-Ta Corp. (OTCBB: CCCFF) advises that its major investor, Road King Infrastructure Limited ("Road King"), announced on September 21, 2006 that it will be distributing the common shares of Chai-Na-Ta which it holds to its shareholders by way of a special interim dividend.
Road King, through its wholly owned subsidiary Herb King International Limited, currently holds an aggregate of 29,222,662 of Chai-Na-Ta's common shares, representing 84.22% of the issued share capital of the Company. In its September 21, 2006 press release, Road King has indicated that it will distribute its entire holding of Chai-Na-Ta's common shares by November 3, 2006 to its shareholders whose names appear on Road King's register of members on October 13, 2006 on a pro rata basis.
Chai-Na-Ta Corp., based in Richmond, British Columbia, is the world's largest supplier of North American ginseng. The Company farms, processes and distributes North American ginseng as bulk root, and supplies processed material for the manufacturing of value-added ginseng-based products.
This news release contains forward-looking statements that reflect the Company's expectations regarding future events. These forward-looking statements involve risks and uncertainties, and actual events could differ materially from those projected. Such risks and uncertainties include, but are not limited to, the success of the Company's ongoing research programs, general business conditions, and other risks as outlined in the Company's periodic filings, Annual Report, and Form 20-F.
ActiveCore CEO Updates Shareholders ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company that now operates as a payment technology solution provider, is pleased to present this address to shareholders from ActiveCore CEO Peter Hamilton. In his address, Mr. Hamilton seeks to provide shareholders with an updated view of ActiveCore including the Company's current status and the future of the Company.
Mr. Hamilton, ActiveCore CEO, stated, "There have been some significant changes at ActiveCore over the past few months and many of these changes are a direct result of our planned transition to a payment technology company. These changes have resulted in some management restructuring and the planned addition and divestiture of certain divisions. Therefore, I felt that it was appropriate to address shareholders at this time to update them on where ActiveCore currently stands and how we will continue to progress as a payment technology solution provider."
ActiveCore - Current Status
The Company has made a commitment to focus all of its resources and energy on becoming a successful payment technology solution provider. This has resulted in the divestiture of two subsidiaries, the planned divestiture of a third subsidiary, the simplification of a fourth subsidiary and the planned acquisition of GSPS, the UK parent company of ePocket Inc. These changes have also had an impact on the current management structure of ActiveCore and will further impact this structure as the GSPS acquisition is completed.
Divestiture Update
The healthcare integration subsidiary (MDI) has been sold to a management group led by Terry Durette and will operate as a private business focused on supporting hospitals and other healthcare institutions. This divestiture was completed on June 16th, 2006. The disclosure subsidiary (DisclosurePlus) has been sold to a management group that will operate it as a private business focused on compliance reporting. This group is led by Dean Peloso and Gord Sutton and the divestiture of this division was completed on September 1st, 2006. We are currently in the process of divesting of the messaging subsidiary (CCOM/ActiveCAST) and we anticipate that this transaction will be completed shortly. Upon completion of this divestiture an announcement will be made to inform shareholders. Lastly, the Cratos subsidiary has been simplified and now supports only payment technology solutions so that it may facilitate the roll out of ePocket customers and partners.
GSPS Acquisition Update
GSPS is in the process of completing its audited statements which is a mandatory step that must be concluded before ActiveCore can acquire the company. Once the audited statements have been completed a purchase and sale agreement will be executed and an ActiveCore shareholder resolution will be drafted to complete this important transaction. The completion for the GSPS acquisition is targeted for October 2006.
Management Stucture Impact
All of the above changes have resulted in a streamlining of the corporate and management structure resulting in the departure of some managers and the future appointment of others. The most significant departures are Efrem Ainsley, Andrew Wickett and Debbie Gracie-Smith. Andrew Wickett left the company in July when the Cratos subsidiary was streamlined to focus on payment technology only. Debbie Gracie-Smith left the company in June when she resigned due to health issues. Efrem Ainsley left the company in September to pursue a career with a company in the private sector. During his time with the company he was instrumental in improving our corporate controls and had a positive impact on improving the company's overall reporting. The company has made arrangements with a third party accounting firm to assist with the CFO role until a suitable replacement for Efrem can be found. Andrew and Debbie will be replaced by members of the GSPS management team upon completion of that transaction.
Conclusion
Our initial investment in ePocket was predicated on the belief that ActiveCore would benefit not only from an incredible investment in a revolutionary payment technology, but more importantly, would create a strategic relationship with ePocket, who would inevitably require an integration specialist for their technology. We are now at the point where the acquisition of GSPS/ePocket will complete our move into the payment solution provider marketplace and allow us to grow into a successful public company.
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore. Alternatively, investors can e-mail AGORA Investor Relations directly at ATVE*Agoracom.com.
About ActiveCore Technologies, Inc. (http://www.ActiveCore.com)
ActiveCore Technologies, Inc. now operates as a payment technology solution provider. Our two core products, ActiveLink and ActiveCast, combine to provide an integration and messaging platform for our payment technology solutions. This platform enables quick implementation of our payment solutions and a built-in marketing solution to enhance customer retention and communication. The CRATOS division of ActiveCore acts as the implementation arm for the company's payment solutions.
About GSPS/ePocket Inc. (http://www.ePocket.com)
GSPS/ePocket brings true electronic cash to the world for the first time, making purchases over the Internet as secure and simple as handing cash to a clerk in a store. ePocket enables banks to provide their customers with the ability to withdraw electronic cash in any currency from their regular deposit accounts, and send this electronic cash to merchants or other consumers in order to make payments. Cash created electronically is just like cash, except there are no coins, bills, or plastic cards -- it is entirely electronic. Just like cash, electronic cash does not require the identification of a payer. This provides privacy for consumers, and eliminates fraud and identity theft, making ePocket the most cost-effective payment solution for Internet commerce. ePocket payments cost merchants less than any other payment technologies. Their extraordinary cost effectiveness enables merchants to profitably accept very small payments of just one or two dollars. In contrast to other payment schemes, consumers do not have to open additional accounts with a payment intermediary. Consumers do not have to give up any identity or credit information in order to accomplish a payment. This makes ePocket payments completely secure and provides complete privacy for consumers.
Statements contained in this news release regarding ActiveCore Technologies, Inc. (formerly IVP Technology) and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive, or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.
Monday, September 25 2006 8:48 AM, EST Advanced Communications Appoints Industry Leader as Chief Operating Officer and Seasoned Financial Expert as New Chief Financial Officer Business Wire "US Press Releases " Advanced Communications Technologies, Inc. (OTC Bulletin Board: ADVC) a New York -based company that specializes in the technology aftermarket service and supply chain known as the reverse logistics industry, announced today that Steven Miller and John Donahue have been appointed the company's Chief Operating Officer and Chief Financial Officer, respectively, effective immediately. Steven Miller, a seasoned and well-known industry leader with 24 years of experience in service management, served for ten years as Senior Director of Service Operations for N.E.W. Customer Service Companies, Inc. , the nation's largest privately held third party administrator/reinsurer providing warranty policies for consumer electronic goods. There, he built and managed the team that developed new service offerings and currently delivers more than 3 million service events per year, representing $400 million in claims payments. Prior to this, Steven was the Director of North American Service Operations with Sharp Electronics with responsibility for all North American parts distribution, board level repairs and product refurbishment operations at Sharp's headquarters in Romeoville, IL. Previously, for ten years he was responsible for shop and field service as well as parts inventory and parts sales for several large-market locations for General Electric/RCA, where he was Area Manager for GE Consumer Services. Steven is currently a Board Member of NESDA ( National Servicing Dealers Association of America ). Jack Donahue has over 30 years of experience in corporate finance, M&A and public accounting and has held senior executive positions at several private and public companies. For the past seven years, Jack served as VP and CFO for Online Benefits, Inc. , a New York -based firm specializing in the design, licensing and hosting of employee benefit administration software programs. Previously, Jack was VP and CFO of Mast Resources, Inc. , a merchant bank, working closely with senior management of portfolio companies on a wide variety of day-to-day operating, financial and long-term strategic issues, as well as performing preliminary assessments, due diligence and proposing capital structures in connection with numerous investment opportunities. Jack was also VP and CFO of Catalyst Energy Corp , a NYSE-listed company, and began his career with Price Waterhouse, LLP , where he was Senior Audit Manager. Steven and Jack will work closely with Wayne Danson, Chief Executive Officer, to implement the company's strategic growth plans and manage its operations and financial matters. "Steven's depth of experience in and understanding of service management operations, as well as his executive leadership background and extensive resume of senior positions with reputable Fortune 500 companies makes him the right candidate at this time," said Wayne Danson, Chief Executive Officer of Advanced Communications . "His record of success building the reverse logistics sector for N.E.W., the country's largest third party administrator, also speaks well of his ability to deliver quality results and help lead us into our next phase of growth." Danson continued, "Jack Donahue has been closely involved with several opportunities similar to that presented by the company. He has worked with fast growing, acquisition-oriented companies that required developing financial and management reporting systems, building a strong financial team, and generally building the infrastructure needed to manage a dynamic business. We have reached the point of needing to bolster our management team in preparation for the significant planned expansion that lies ahead." Lisa Welton, President and CEO of Cyber-Test, said, "Steven Miller and I have worked closely together for over five years as Cyber-Test has remained a solid and reliable client of N.E.W. for years. His credibility, leadership, motivation and professionalism is top notch and I can't think of a more qualified individual to run things for us corporate-wide." In addition, Anthony Lee has been appointed Controller for the company, also effective immediately. Tony has over 20 years of CFO and Controller experience in finance and public accounting with companies including Pacific Magtron International , Bank of America and Arthur Young & Company . About Advanced Communications Technologies Advanced Communications is a New York -based company specializing in the technology after-market service and supply chain, known as reverse logistics. Its principal operating unit, Encompass Group Affiliates, acquires businesses that provide computer and electronic repair services, and asset distribution and end-of-lifecycle services. Encompass owns Cyber-Test, an electronic equipment repair company that provides repair and reverse logistics services to third-party warranty companies that service OEMs, national retailers and national office equipment dealers. Cyber-Test's services include advance exchange, depot repair, call center support, parts and warranty management, repair of fax machines, printers, scanners, laptops, monitors and multi-function units, including PDAs and digital cameras. For more information, visit Cyber-Test's website at http://www.equipfix.com. This release and oral statements made from time to time by Advanced Communications ' representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "anticipate," "plans," "should," "believes," "will," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, as well as inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Advanced Communications with the Securities and Exchange Commission , which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements. Source: Advanced Communications Technologies, Inc.
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Monday, September 25 2006 9:02 AM, EST SkyBridge Technology Group, Inc. ''SBTG'' Announces Its Subsidiary (Sierra Pacific Aviation, Inc) Will Produce a Televised Aviation News Magazine Business Wire "US Press Releases " SkyBridge Technology Group, Inc. (OTC:SBTG) Board of Directors has announced today that its subsidiary Sierra Pacific Aviation will be producing a televised aviation news magazine, Aviators Paradise, that will air at strategic locations targeting the general aviation community. The hour long news magazine will focus on general aviation news, aircraft, equipment, destinations and close with an interview with high profile people involved with general aviation. "We have been working on this program for several months now, and already have key sponsorships in place," said Brent Neville, President of Sierra Pacific and Co-Anchor of the show. "We want to keep the general aviation community informed and entertained with up to date industry news, products and services," Neville continued. The programs will be aired in private broadcasts at selected airport and aviation business locations initially covering the Southern California market. Since California represents approximately 30% of the aviation marketplace, and Southern California represents approximately two thirds of the state's aviation economy, the show will be aired to a combined audience of 15-20% of the US general aviation community. "Plans for syndication of the show are in the works, but we want to ensure the quality and acceptance of the program before we expand our territory," Neville adds. The final product will be comprised of regional and national stories to meet the needs and desires of each market the same way local television stations cover everyday news. For more information on the show contact Sierra Pacific at 858-268-0030 and mention Aviators Paradise. Certain Information Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases. Source: SkyBridge Technology Group, Inc.
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GSPG .0045 Monday, September 25 2006 10:03 AM, EST GoldSpring, Inc. Enters Into Ten Year Mining Lease for Its Big Mike Copper Mine PrimeZone "PrimeZone " GOLD HILL, Nev., Sept. 25, 2006 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) announced today that it has entered into a ten year lease with a local company, controlled by a former GoldSpring director, for a 10 year lease of all of its mining claims for its Big Mike copper mine. The lease calls for a $50,000 initial payment, which is scheduled to be made at the beginning of this week to cover royalty payments due for the first two years of the lease term. Additionally, the lessee must pay GoldSpring $75,000 when a production permit is awarded, and $125,000 when commercial mining commences. Additionally, the lessee agrees to a work expenditure of $300,000 for environmental and engineering matters in the first twelve months of the lease. During the term of the lease, Gold spring will also receive a production royalty of between 3% and 5% of net returns from copper mining, dependent on the price of copper. In discussing the new lease arrangement, GoldSpring's CEO, Rob Faber, stated: "The Big Mike Lease is a great deal for the Company as it allows us to generate cash flow from our Big Mike copper mine without utilizing resources and taking away focus from our main business, gold mining. The payment structure yields an initial cash payment, in addition to the potential of adding $300,000 worth of engineering and environmental work in the first twelve months and $200,000 in cash between now and the beginning of actual production. We also have several other transactions in process at least one of which we hope to consummate in the near future, adding possible further immediate cash flow, in addition to long term revenue opportunity." About GoldSpring, Inc. GoldSpring, Inc. is a North American precious metals mining company with an operating gold and silver mine in northern Nevada . The Company was formed in mid-2003 and acquired the Plum Mine property in November 2003 . In the Company's relatively short history, it secured permits, built an infrastructure and brought the Plum project into production. During 2005, the Company acquired additional properties around the Plum project in northern Nevada , expanding its footprint and creating opportunities for exploration. GoldSpring is an emerging company, looking to build on its success through the acquisition of other mineral properties in North America with reserves and exploration potential that can be efficiently put into near-term production. The Company's objectives are to increase production, increase reserves through exploration and acquisitions, expand its footprint at the Plum mine, and maximize cash flow and return for its shareholders. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by GoldSpring) contains statements that are "forward-looking," as defined in Section 21E of the Securities Exchange Act, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, mining capability and potential contracts. Such forward-looking information involves important risks and uncertainties, which include the risk factors disclosed in our most recent Form 10-KSB filed on April 15, 2005 , that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of GoldSpring. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. These and other factors, which could cause actual results to differ materially, are discussed in more detail in GoldSpring's filings with the Securities and Exchange Commission . Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. CONTACT: GoldSpring, Inc. Robert T. Faber, President and CEO (775) 847-5272 (480) 603-5151 Fax: (775) 847-4762 www.goldspring.us
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Ecoloclean Industries Announces Indication of Acceptance of Its 'Diesel Pure' Device to Be Used in South America
PR Newswire "US Press Releases "
CRYSTAL CITY, Texas, Sept. 25 /PRNewswire-FirstCall/ -- Ecoloclean Industries, Inc. (OTC Bulletin Board: ECCI), announced today that World Environmental Technologies, Inc., a wholly owned subsidiary of Ecoloclean Industries, Inc., has received confirmation from a large equipment distributor in Bogota, Colombia, indicating the completion of their final evaluation of the "Diesel Pure" device and their plans for preceding with plans for the distribution of the "Diesel-Pure" unit throughout Colombia, Chile and other South American Countries.
South America has much greater fuel contamination than the U.S. While a shift to compressed gas as an uncontaminated fuel source alternative is the current direction being taken, the expense of conversion many companies and individuals will face is cost prohibitive. The "Diesel-Pure" unit is a mechanical device that can be mounted on any combustion engine using a liquid petroleum based fuel (gasoline and/or diesel). Once the fuel passes through the unit and into the fuel intake system, all dirt, water and debris is removed delivering 99% pure fuel to the engine. There is a filter to replace, however, the life expectancy of the unit is over 1,000,000 miles or 35,000 hours of run time. A demonstration video can be viewed at http://www.diesel-pure.com .
The "Diesel-Pure" unit has the capability to remove water, silt, sand and other contaminants commonly found in diesel fuels, and can also be used to clean gasoline, transmission fluids, motor oils and JP8 jet fuel. Ecoloclean Industries, Inc. has a unit capable of processing large volumes of contaminated fuels and is completely portable and available for immediate use. This unit is mounted on a trailer and can begin processing contaminated fuel within a matter of minutes after reaching its destination. A 1,000-barrel tank (42,000 gallons) of contaminated fuel could be processed in approximately 2-3 hours and ready for immediate distribution and use.
The equipment distributor in Bogota has indicated that Ecoloclean Industries, Inc. will be paid a licensing fee of approximately $25,000 per quarter for the rights to manufacture these units. Additionally, Ecoloclean anticipates that they would receive $15.00 to $25.00 per unit as a manufacturing fee for each unit sold. All units will be manufactured in Colombia or other South American Countries, relieving Ecoloclean Industries, Inc. of any manufacturing, export fees and/or associated costs.
About Ecoloclean Industries, Inc.
Ecoloclean Industries, Inc. is the parent company of three wholly owned operating subsidiaries: Ecoloclean, Inc., World Environmental Technologies, Inc., and Aquatronics Industries, Inc. Utilizing various remediation techniques and technologies, Ecoloclean Industries provides environmental waste remediation to treat and remove impurities in contaminated and/or polluted liquids for a variety of industries including, but not limited to, refineries, petroleum related industries and oil and gas drillers. ECCI continues to seek technologies and procedures that will offer its clients the safest and most cost effective technologies available in the marketplace. For more information about the Company, please visit http://www.ecoloclean.com .
This press release may be deemed to contain certain Forward-Looking Statements with respect to the Company that are subject to risks and uncertainties that include, but are not limited to, those identified in the Company's press releases or discussed from time to time in the Company's Securities and Exchange Commission Filings. Actual results may vary.
INVESTOR CONTACT Royis Ward Ecoloclean Industries, Inc. 830-374-9100
RMD Entertainment's Roc Monee's Debut Album Hitting Shelves Across North America Tomorrow
Market Wire "US Press Releases "
PHILADELPHIA, PA -- (MARKET WIRE) -- 09/25/06 -- RMD Entertainment Group (PINKSHEETS: RMDG) announced today that their star artist, Roc Monee's debut album "Diamond in the Rough" will be in major retail stores across North America starting tomorrow. In addition, RMD has serviced the album to over 60 digital distributors across the globe including: I-tunes, Yahoo Music, Napster, Sony Connect, Starbucks, Rhapsody, Music Match, E-Music, and others.
RMD has engaged in a major radio promotion and advertising program for "Diamond in the Rough" that has seen full page ads in major magazines like The Source Magazine and spins of the debut single "Overdrive" on radio stations across the country including broadcast giant Radio One, Inc. (www.radio-one.com). Progress has been better than expected for a new artist and RMDG CEO Giorgio Costonis acknowledged as much as he commented on the company's first major music release.
"We have undertaken this project with great vigor, enthusiasm, work ethic, integrity, and commitment from the start. Roc Monee deserves all of those qualities from us because he gave his all in this album, and it showed in his recorded performances from track to track. From start to finish each song is unique, well crafted, and thoughtful. In a day when Hip Hop has so many groups with so many songs that sound alike, Roc created something special that separates him from the rest of the urban music rat race -- his own style. His unique level of skill is comprised of the sheer ability to rhyme in numerous different patterns while remaining easily understood to every ear that hears him. Roc has touched on issues that range from struggles to trust anyone in his neighborhood or in the music industry to internal spiritual warfare he has encountered on his way to success. Of course he has also touched upon the joys of his life on the album as well and makes it clear how much he loves to make people smile and dance in the club when they hear his music. I am so thankful that we have such a special album to sell into the global marketplace. Albums like this come every five to ten years. We expect substantial revenue from 'Diamond in the Rough' over the next couple of months and remain committed to servicing 5 singles to radio and 3 videos to stations like RHN, BET, VH1, MTV, and MTV2." Costonis added, "This is a process. We are in phase 1 as we have reached retail outlets and digital outlets with the product. Our focus now becomes increasing demand for product in all marketplaces as well as adding retail chains into the mix such as Wal-Mart and other non-music specific stores. We are confident that we will accomplish this goal and thank all of our supporters and shareholders for helping us achieve each and every goal on our way to success."
Management also expressed the importance of other projects and announced a shareholder update tomorrow to outline company progress and direction for the end of 2006 and beyond.
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 current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE) 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.
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EGEI (.72) Completes Successful Study of Rapid and Inexpensive Detection of H5N1 Avian Flu Strain with Primers from Genome Institute of Singapore
Business Wire "US Press Releases "
eGene, Inc. (OTCBB:EGEI), a leading bioengineering company and developer of a compact and automated digital genetic analyzer, today announced that it had recently, using H5N1 avian influenza primers provided by the Genome Institute of Singapore, completed a successful application study that demonstrated that eGene's HDA-GT12 Genetic Analyzer can successfully detect H5N1 avian influenza to as few as 10 viral RNA copies.
The purpose of the study was to analyze the viability of developing a rapid, highly sensitive and low cost mass screening approach to detect the H5N1 influenza (bird flu) virus using a single step RT-PCR and automated HDA-GT12(TM) system.
The resulting report indicated that the HDA system, in combination with the Institute's single step RT-PCR assay, is a simple and sensitive assay for H5N1 avian influenza detection that can detect as few as 10 copies of the viral RNA. Furthermore, the sample analysis rate in the HDA system is approximately two samples per minute, so a total of 96 samples in a 96-well plate can be analyzed in 50 minutes. The calculated test cost of HDA-GT12 system is less than a dollar per sample (US), making it ideal for mass screening. The eGene system can also be used as a portable H5N1 avian influenza detection tool in field operations, since collected digital data and analyzed results can be stored and transferred in electronic format.
"The spread of avian influenza is still a major concern in the world," said Dr. Ming S. Liu, chief executive officer of eGene. "Continuous outbreaks of this highly pathogenic strain could unleash a pandemic that would have the potential to be as deadly to the population as the epidemic strain of influenza was in 1918. A fast, sensitive and low cost analysis to identify the contamination of the viral RNA in the poultry market can be one of the key factors to prevent the mass spread of the virus. We are pleased that eGene has been able to use the Genome Institute's H5N1 primers to develop a powerful and effective tool that may be applicable for bird flu screening."
eGene developed the HDA-GT12(TM) (high-performance DNA analyzer for genotyping on 12 channels), currently in use at more than 100 hospitals and research centers worldwide. The system analyzes the genetic fingerprints of living organisms through microsatellites, AFLP and RFLP. It performs fast DNA sample screening and high-resolution DNA fragment analysis (2-5bp). The system also analyzes the quality and quantity of total RNA and cRNA, determines the efficiency of cRNA and cDNA amplification reactions, and ensures the quality of fragmented cRNA. The Company sells cartridges that are specific to the type of analysis to be performed. All data is then received in digital form for appropriate transmission and storage.
About Genome Institute of Singapore
The Genome Institute of Singapore (GIS) is a member of the Agency for Science, Technology and Research (A*STAR). A national initiative established in 2001, the research institute's mission is to be a world-class genomics institute and a centre for genomic discovery. GIS pursues the integration of technology, genetics and biology towards the goal of individualized medicine. The genomics infrastructure at GIS is utilized to train new scientific talent, to act as a bridge between academic and industrial research, and explore scientific questions of high impact. For its H5N1 avian influenza virus research, GIS has developed a set of proprietary PCR primers which have been used successfully worldwide (Brunei, Oman, Kuwait, UK, UAE, France, Vietnam and Indonesia). In 2005, the World Health Organization (WHO) Influenza Centre has tested the primers and found it to be highly specific and sensitive.
About eGene, Inc.
eGene, Inc. (www.egeneinc.com) focuses its core technologies of capillary electrophoresis, microfluidics, liquid handling and automation to develop and manufacture low-cost microfluidic, miniaturized digital analyzer systems, software and consumables for biological materials testing applications. These products detect, quantify, identify and characterize DNA and RNA at high rates of specificity and sensitivity while automating routine and non-routine laboratory and industrial procedures critical to product safety, development quality and productivity.
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are made based on management's current expectations and beliefs. Actual results may vary from those currently anticipated based upon a number of factors. The company undertakes no obligation to release publicly any revision, which may be made to reflect events or circumstances after the date hereof.
Source: eGene, Inc.
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EZTO(.021) EZ2Companies, Inc. Announces Reorganization Sep 25, 2006 12:13:00 PM MIAMI, FL -- (MARKET WIRE) -- 09/25/06 -- EZ2Companies, Inc. (PINKSHEETS: EZTO) (the "Company") announced today that the debt previously held by Mr. Robert Weidenbaum has been purchased by the company's former CEO Mr. Otto Bethlen.
"I am very pleased with this transaction," commented EZ2Companies' current CEO, Jeff Berkowitz. "Mr. Bethlen has expressed great interest in rebuilding the Company and has committed both time and funding to the Company," continued Berkowitz. "Currently, we are working together to implement a new and strong business model for the company. We are looking forward to resolve the debt with Cornell Capital and to complete our planned merger with Lynx Petroleum, and to finalize the previously planned share cancellations."
About EZ2Companies, Inc.
EZ2Companies, 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 EZ2Companies, Inc. 561-348-0524
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IDenta Names New Product Line -First Orders For IDenta ALERT Explosive Detectors Come From US and France via COMTEX
September 25, 2006
SAVANNAH, Georgia, September 25, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
IDenta Corp. (OTC Pink Sheets: IDTA) today announced the name of its new explosive detector line, while also stating that it has received two orders for its new explosive detector products, from France and USA
Now named IDenta ALERT Explosive Detectors, the company has recently received numerous product inquiries from law enforcement agencies and media sources around the world.
The announcement follows the completion last week of a major marketing mission to the U.S. by IDenta's CEO, Yaacov Shoham and its Chief Scientist, Baruch Glattstein.
"I would like to congratulate Baruch for clearly demonstrating the advantages of our new explosive detection products," said Shoham. "He and our technical staff showed great determination over the past three months developing explosive detectors that are now proving to be superior to those Baruch developed much earlier in his career." Glattstein is credited with first developing the Expray and ETK detectors, explosive detectors nearly twenty-five years ago. Both of these products are still in production.
IDenta believes its new ALERT products provide superior detection ability, while minimizing the potential contact risk from breathing fumes from an aerosol detector or contact with exposed chemicals in other commercially available detectors. IDenta has sent the new products for evaluation to the French Police Testing Lab in Lyon, which earlier this year gave high ratings to IDenta's drug detectors when compared to the industry leading NIK kits. (the report -www.identa.biz)
The name IDenta ALERT was selected to represent the company's line of explosive detectors because of the company's intention to market the products as both a first line of defense, as well as a secondary product that verifies the preliminary testing done by electronic equipment. The company's website, www.identa.biz, has been updated to include photographs of the five new detectors along with explanations of the product features.
Also a first in the industry, IDenta has developed an innovative detector included in their ALERT detector kits which can detect whether a substance is Cocaine/Crack or the white powder of TATP, (explosive). The sampling device, like the company's other products, is very safe, easy to use, and has an extremely high reliability rate for showing No False Positives.
About Baruch Glattstein
Baruch Glattstein is Chief Scientist of IDenta Corp. An internationally acclaimed scientist with over 40 years of experience in forensics, he is a graduate of Bar-Ilan University, with a .B.S. in Chemistry and M.S. in Organic Chemistry. Mr. Glattstein has published over 30 papers in international publications and is a frequent lecturer at forensic conferences worldwide. He spent over 15 years with the Israel Police as Chief Scientist of the Forensic Department and retired from the force as Chief Superintendent. The Minister Of Public Security in Israel, awarded the Minister's Prize For Research And Development to Baruch for his contribution to the Improved Methods For Shooting Distance Estimation in 2002
About Identa
Since 2003, IDenta Corporation has become recognized as a world-wide leader in the development of proprietary on-site drug detection kits and more recently explosive detection kits. IDenta develops, manufactures and distributes products for the both professional and civil markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world.
For Investor Relations, lobbying interests or information concerning IDenta's products internationally contact:
Yaacov Shoham, IDenta Corp., CEO Jerusalem, Israel Tel: +972-52-6554487, +972-8-9716874 Fax: +972-8-9716875 fpi*drugsdetector.com
For Investor Relations and information concerning U.S. product representation please contact:
Randy Jacobs, US Corporate Spokesman IDentaNews*sitcomllc.com +1-800-316-9437 IDenta Corp. USA address: 530 Stephenson Avenue Savannah, Georgia 31405 Tel: +1-912-652-4818
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
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NMKT (.29) Releases Comprehensive Update With Strategic Plan For Up to 70% Organic Sales Growth in 2007 to $120 Million in Revenue
Business Wire "US Press Releases "
NewMarket Technology, Inc. (OTCBB:NMKT) today released a letter to shareholders from the CEO and Chairman, Philip Verges. As Mr. Verges begins an extensive series of nationwide presentations between now through the end of the year, the letter provides detailed background regarding NewMarket's five year growth from $1 million in revenue to over $50 million in revenue in 2005. The letter also outlines the Company's current sales forecast to organically grow sales in 2007 up to $120 million in profitable revenue. This increase would represent a 70% increase over the current 2006 forecast of $70 million and does not include any increase in revenue from acquisitions.
Mr. Verges' presentations will center on NewMarket's strategy to change current research and development practices in the IT industry. NewMarket's strategy includes a fresh prospective on the growing role of the small and micro capital markets in the shifting research and development paradigm. Today's letter to shareholders will provide background and insight into NewMarket's hard earned experience in forging a new research and development practice in today's small and micro capital market environment.
Commenting on the letter, Mr. Verges said, "For long-term shareholders this update is long overdue. For those new to the Company this letter is a comprehensive primer on our company. NewMarket has grown to an appreciable size and structure, yet in a number of aspects remains a young, aggressive, fast paced and rapidly changing company. This update will provide the background necessary to fully understand where NewMarket is going next in its business plan. Our increased size and structure has improved our ability to manage multiple projects and activities. However, our communications have not yet caught up to our initiatives. The Company is in better financial and operational shape than ever before, although we are behind on one or two of our aggressive objectives. This report should clarify where we are and where we are going."
The CEO letter to shareholders is available in its entirety on the Company's website at www.newmarkettechnology.com.
Philip Verges will be presenting "The Next High Tech Market Wave in 3 Steps" beginning September 26th and now continuing through October 4th. The presentations will be held in Atlanta on September 26th, New York on September 27th, Chicago on September 28th, Los Angeles on October 3rd and Irvine on October 4th. Shareholders or interested investors that would like more information or would like to attend, please contact Whitney Marks at wmarks*newmarkettechnology.com or 214-722-3052. Look for additional presentation dates to be forthcoming soon.
About NewMarket Technology Inc. (www.newmarkettechnology.com) NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), Hyperion Solutions (Nasdaq:HYSL) and SAP (NYSE:SAP). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Source: NewMarket Technology, Inc.
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PGPU (.05) Announces the Completion of $40,000,000 Advancing Credit Facility for Z2, LLC
Market Wire "US Press Releases "
LAS VEGAS, NV -- (MARKET WIRE) -- 09/25/06 -- PGPU/Maverick Energy Group, Ltd (PINKSHEETS: PGPU) (Maverick), along with the other members of Z2, LLC (Z2) is pleased to announce the closing of a $40,000,000 Advancing Credit Facility with Gasrock, LLC of Houston, Texas on August 26th, 2006. This financing will permit Z2 to further exploit its Big Foot Field holdings in Texas. The financing will be utilized to rework producing wells which are currently not producing and to begin a drilling program on a portion of the 200 proven undeveloped locations contained in Z2's engineering report dated January 1st, 2006.
According to Z2's most recent engineering report, the estimated future net revenue from the producing properties may be in excess of $38,000,000 and the estimated future net revenue from the Proven Undeveloped Properties (PUDS) yet to be drilled could be in excess of $353,000,000.
"The completion of the Gasrock, LLC financing will allow Z2, and Maverick as a member of Z2, to aggressively develop the Big Foot Field and, hopefully, increase the profitability of Z2 at a time when Oil and Gas prices continue to maintain support above $60 per barrel. This type of financing is what this field has lacked since Shell Oil Company sold the field in 1992. Maverick as both a membership owner of Z2 and the operator of the field is extremely pleased that this funding was completed," stated James McCabe, CEO of Maverick.
Maverick owns an 11.517% membership interest in Z2 and currently holds an option to acquire an additional 13.184% membership interest in Z2. If it were to exercise this option, Maverick's membership interest in Z2 would increase to approximately 24.7%. Maverick's option exercise price is $750,000 and may be exercised at any time through January 17th, 2007.
PGPU/Maverick Energy Group LTD is the operator of the "Big Foot Field" in West Texas originally developed by Royal Dutch Shell (RDS-A) and recently valued at approximately $19 million. It has approximately 300 wells in the field of which approximately 240 are presently revenue producing. PGPU/Maverick is also the proprietary owner and operator of several producing natural gas fields and owns additional natural gas leases in West Virginia. The President of Maverick also serves as the Chief Financial Officer of Z2, LLC.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further information, please contact: Investor relations lopez*maverickenergygroup.com 1-918-280-7781
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CBCL .002 Monday, September 25 2006 1:25 PM, EST Cybertel Capital Corporation Announced Today That Its Subsidiary HBLN Services Has Entered Into a Strategic Partnership With RocketLauncer Services, LLC PR Newswire "US Press Releases " SAN DIEGO , Sept. 21 /PRNewswire-FirstCall/ -- Cybertel Capital Corporation . (OTC Bulletin Board: CBCL) announced today that its subsidiary, HBLN Services has entered into a strategic partnership with RocketLauncher Services, LLC of Asheville, NC. RocketLauncher is a wireless ISP offering service to customers in Asheville, NC; Greenville, SC and the Eastern Smoky Mountains. The partnership will be focused on developing and testing managed services specifically tuned for wireless operators. "We're working with HBLN Services, Inc. to bring a much-needed capability to market. In wireless broadband networks, we have to monitor radio characteristics as well as IP network metrics to get a clear picture of what's happening with our customers," stated Glenn Kruse, CEO of RocketLauncher. "We're fortunate to have a forward-thinking partner like Glenn Kruse and RocketLauncher to work with us on this new service," stated Walt Henley, President of HBLN Services, Inc. "Wireless service providers everywhere need proactive monitoring of network, radio and environmental information to keep their networks in peak condition." About RocketLauncher RocketLauncher is an ultra-broadband, managed custom network service provider based in Asheville, NC. RocketLauncher uses high capacity, packet radio technology to provide burstable, customized bandwidth and Internet Access for its customers over a multi-city publicly-peered, hybrid-fiber-wireless network. About HBLN Services HBLN Services provides support for business development including the people, processes and technologies required to successfully deploy and operate networks of all kinds. HBLN provides business planning, development, project management, engineering and managed services on WiMAX and broadband wireless services from a base of experienced consultants across multiple disciplines. More information on HBLN Services can be found by visiting its web site at www.hblninc.com. About CyberTel Capital Corporation CyberTel Capital Corporation is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. CyberTel trades on the OTC Bulletin Board under the ticker symbol CBCL. Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of CBCL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future CBCL actions, which may be provided by management, are also forward-looking statements defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the CBCL to materially differ from any future results, performance, or achievements expressed or implied by such forward- looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and CBCL has no specific intention to update these statements. SOURCE CyberTel Capital Corporation
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RMSG (.013) Thomas Mangelsen's ''Images of Nature'' Launches E-Commerce Website Using Warp 9 Platform Sep 25, 2006 1:31:00 PM Copyright Business Wire 2006
Warp 9, Inc., the premier provider of robust e-commerce platforms and services, today announced the launch of Mangelsen.com, the official website for the acclaimed nature photographer Thomas D. Mangelsen.
The Mangelsen.com website, powered by the Warp 9 Internet Commerce System (ICS), features over a thousand of Thomas Mangelsen's best and most recent works and products, which are also featured throughout the country in 16 retail stores and galleries located in various upscale markets.
"We evaluated numerous vendors and e-commerce platforms against the unique requirements of Mangelsen.com. The comprehensive set of features and flexibility of Warp 9 ICS along with Warp 9's knowledge of e-commerce impressed us the most. Warp 9 solved all the problems our previous solution could not and they literally gave us everything we asked for. The Warp 9 solution was able to accommodate our complex shipping and pricing rules as well as allow us to use a custom design that we developed in-house. With their expert advice, we used the advanced 'product configuration' features of ICS to let shoppers easily customize their final product. This made life extremely easy for us from a data management and merchandising standpoint," said John McGauvran, Thomas D. Mangelsen's Director of Marketing.
The product configuration feature allows the shoppers to choose from a variety of product options and additions, such as size, matting and framing options, and choices for glass - including the special NatureView glass that Mangelsen recommends for reducing reflected light and capturing the vibrant colors and subtle hues so brilliantly captured in his photographs.
Visit our site at Warp9inc.com to see why so many catalogers and retailers are shifting over to the Warp 9 ICS e-commerce platform.
About Thomas D. Mangelsen, Inc.
In 2005 Tom was named one of the 100 most important people in photography by American Photo Magazine as well as being honored with Nikon's Legend Behind the Lens recognition. He has received an Honorary Fellowship from The Royal Photographic Society in 2002, named North American Nature Photographer Association's (NANPA) Outstanding Nature Photographer of the Year in 2000 and in 1994, Mangelsen received the prestigious BBC Wildlife Photographer of the Year Award. His work has also been published in leading magazines such as Audubon, National Geographic, Life, Wildlife Art, American Photo and Nikon World. He has been featured on television programs from The Today Show and Good Morning America, to CNN's World News. His images have been exhibited in museums across the United States, Canada, and Europe, and are available in sixteen Images of Nature(R) galleries across the United States.
About Warp 9 Inc.
Warp 9, Inc. is the premier provider of robust e-commerce platforms and services for the catalog and retail industry. Its comprehensive suite of software platforms are designed to help online retailers maximize the Internet channel by applying Warp 9's advanced technologies for online catalogs, e-mail marketing campaigns, and interactive visual merchandising. With a proven track record and years of experience in the industry, Warp 9 helps businesses leverage the Internet channel to lower costs and increase sales. Offered on a fully managed software-as-a-service model, Warp 9 products allow customers to focus on their core business, rather than technical implementations. Warp 9 Inc. is a wholly owned subsidiary of Roaming Messenger Inc. (OTCBB: RMSG)
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Source: Warp 9, Inc.
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Warp 9 Inc. Jennifer Harris 805-964-3313 x 107
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AURC (.15) Concludes US$10 Million Offering to NewConsult Ltd., a Swiss Private Equity Fund
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 09/25/06 -- Aurus Corporation (PINKSHEETS: AURC) announced today that it has concluded a $10,000,000 US offering to NewConsult Ltd., a Swiss private equity fund.
According to the offering, NewConsult Ltd. will proceed to fund an initial US$2 million upon the company's listing on the Frankfurt Stock Exchange, which is expected by the middle of October and will continue to fund the company's operation for a period of 48 months. NewConsult Ltd. has also received a right of first refusal for any subsequent funding of up to US$50,000,000.
"The funding by NewConsult Ltd. will enable us to immediately increase production and purchase all the equipment needed to mine our reserves," said Gerald Parkin, President of Aurus Corporation. "The $10,000,000 funding can easily turn into a $50,000,000 financing based on our performance and the price of gold and in return create substantial value for our shareholders,'' further added Mr. Parkin.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and/or partnerships.
About NewConsult Ltd.
NewConsult Ltd. is a private equity fund based in Zurich, Switzerland, which specializes in undervalued commodity assets.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact: Gerald Parkin President Aurus Corporation gparkin*auruscorp.com 514-591-3666 www.auruscorp.com
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CRCUF (.6608) Drilling Intersects 23.1 gpt Gold Over 16.5 m at New Polaris Project
CCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 25, 2006) - Canarc Resource Corp. (TSX:CCM)(OTCBB:CRCUF) announces that recent drilling has intersected 23.1 gpt gold over 16.5 m (0.67 oz per ton gold over 54.1 ft) in hole 1768E-1A at the New Polaris project in northwestern British Columbia.
Drill holes 1768E-1A, 330SW-9 and 330SW-10 each intersected strong mineralized zones consisting of disseminated to semi-massive arsenopyrite (quartz-carbonate) and containing higher-grade core zones typical of the C vein system. All three holes were drilled near the #1 fault towards the center of the 2006 drill grid to fill gaps in the previous drill pattern. Therefore, these holes have expanded the area of known mineralization outside of the historic estimates.
Drilling highlights from the latest three drill holes were as follows:
True widths are approximately 65% to 80% of core lengths.
For drill hole locations, refer to the C Veins Longitudinal Section on Canarc's website www.canarc.net. All previous drill holes are shown as solid circles, proposed 2006 drill hole locations are shown as open circles and the holes reported in this news release are shown as stars. Note that this year's drill hole numbers refer to location along the section lines, not chronological sequence. Therefore, previous drill holes located along the section lines will cause some gaps to appear in this year's drill hole number sequence.
As a result of the recent drill results defining a much thicker zone of C vein mineralization towards the deep northeast edge of the 2006 infill drill grid and the discovery of high grade visible gold mineralization along the deep southwest edge of the drill grid, the 2006 work program has now been expanded as follows:
1. Extend drill program by 10 holes totalling an additional 7,000 m of drilling,
2. Accelerate mine engineering, metallurgical and environmental studies,
3. Mobilize 200 tonnes of fuel, mining equipment and supplies for a major underground dewatering and ramp development program to commence Q4, 2006
James Moors, B.Sc., P.Geo, Vice President, Exploration, is the Qualified Person supervising the 2006 drill program on the New Polaris property. He has instituted a Quality Control sampling program of blanks, duplicates and standards to ensure the integrity of all assay results. All drill core is split by Canarc personnel at the New Polaris camp, and then flown to Vancouver for assay by ALS Chemex. The core samples are dried, crushed, split and a 30-gram sub-sample is taken for analysis. Gold content is determined by fire assay with a gravimetric finish on samples containing greater than 1 gpt Au, and other trace elements are analyzed by atomic absorption. ALS Chemex also uses its own standards for quality control checks.
Canarc Resource Corp. is a growth-oriented, gold exploration and mining company listed on the TSX (symbol CCM) and the OTC-BB (symbol CRCUF). The Company's principal asset is its 100% interest in the New Polaris gold property, British Columbia. Shareholders include Barrick Gold Corp. and Kinross Gold Corp.
Certain statements contained herein regarding the Company and its operations constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are "forward-looking statements". We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in precious metal prices, unpredictable results of exploration activities, uncertainties inherent in the estimation of mineral reserves and resources, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where the Company operates, lack of appropriate funding and other risk factors, as discussed in the Company's filings with Canadian and American Securities regulatory agencies. The Company expressly disclaims any obligation to update any forward-looking statements. We seek safe harbour.
The TSX Exchange has neither approved nor disapproved the contents of this news release.
FOR FURTHER INFORMATION PLEASE CONTACT: Canarc Resource Corp. Gregg Wilson (604) 685-9700 or Toll Free: 1-877-684-9700 Fax: (604) 685-9744 (FAX) invest*canarc.net www.canarc.net
Source: Canarc Resource Corp.
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VPLM (.04) Becomes Reseller of Vonage VoIP Products to Expand Revenue Base Potential
Market Wire "US Press Releases "
VANCOUVER, BC -- (MARKET WIRE) -- 09/25/06 -- VoIP-PAL.COM (PINKSHEETS: VPLM), formerly known as VoIPMDU.COM, today announced that the Company has become a reseller of Vonage VoIP telephone products and services online at www.voip-pal.com.
The Company's forward step as a Vonage reseller is an important benchmark in its progress to expand the VoIP-PAL subscriber/customer base and to create a larger, sustainable revenue base. Vonage is one of North America's leading providers of broadband telephone services with over 2.0 million subscribers. Customers may make and receive telephone calls with any touch-tone telephone with a high speed Internet connection. VoIP-PAL.COM will link retail customer transactions for Vonage products from its website with direct contact to Vonage for order fulfillment.
VoIP-PAL.COM is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The Company offers turnkey solutions for all of its voice/video/data applications. For more information, please contact Richard Kipping at (604) 495-5844.
Safe Harbor:
This news release may include forward-looking statements within the meaning of Section 27A off the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended with respect to achieving corporate activities, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements herein.
Contact: Richard Kipping (604) 495-5844
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SLJB (.13) Sulja Bros. Building Supplies Ltd. Releases Update on Audit
Market Wire "US Press Releases "
WINDSOR, ON -- (MARKET WIRE) -- 09/25/06 -- Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) releases updates to shareholders on the delay of the audit.
Sulja Bros. today announced that there will be a slight delay in posting the audited financials as stated in previous press release in order to conform with proper accounting practices. A company spokesperson stated, "The delay is nothing to worry about, we want to make sure that when the audits are posted they are done properly and make complete sense. Since these audits include North American companies and figures generated from the Middle East operations, we had to make sure that all companies under the Sulja Bros. umbrella operation are taken in consideration. Also, we have to ensure that these final audits meet all necessary standards and legal requirements as stated in all these different regions. We apologize for the delay but we have taken the liberty to decide that posting complete and all-inclusive financials audits would be a better course of action rather than hastening to complete only portions of it.
"We understand the frustration that our shareholders might feel and apologize again for this delay."
-------------------- The difference between genius and stupidity is that genius has its limits
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