North-West Oil Group (Formerly Nord Oil International Inc.) Becomes Majority Owner of a $3.5 Billion Refinery and Petrochemicals Project Tuesday October 17, 4:01 pm ET
NEW YORK, NY--(MARKET WIRE)--Oct 17, 2006 -- North-West Oil Group (formerly Nord Oil International Inc.) (Other OTC:NDOL.PK - News) announced that it has acquired 63% of Creditline, the Russian project operator, which is set to construct a $3.5 billion refinery and petrochemical facility. The refinery will produce diesel fuel and directly distilled gasoline, while the petrochemical facility will focus on olefin, benzol, polyethylene and polypropylene. ADVERTISEMENT
The project, based in Der-ez-Zour Province in Syria, was first announced as a tender by the Syrian Ministry of Oil and Mineral Resources in late 2005. Creditline won the tender by submitting an innovative plan to build a world-class combination facility that can support both fossil fuel production and petrochemical production according to the Ministry in Syria.
"The refinery and petrochemicals facility will be key to the continuous provision of fuel to the Russian combat vessels in the Mediterranean Sea," said Ernest Malyshev, President of North-West Oil Group. "The tender, which was awarded in February 2006, by Creditline, now a subsidiary of North-West Oil Group, calls for the construction of a refinery with capacity to refine 6.5 million tons annually and 1.4 million tons in petrochemicals."
Mr. Malyshev concluded by saying, "The project is expected to be completed within 5 years, and complete payback of the entire budget is expected to take about 6 years after production commences. This is truly an extraordinary opportunity for our company."
The project is well known and is expected to be well supported by military experts in Russia. With a refinery in Syria, the Russian Navy combat vessels will have a continuous fuel supply for vessels stationed in the Mediterranean Sea, which will significantly increase the operability of the vessels.
Details as to the participation of the government of Syria are being discussed and, when this process is completed and all documents are signed, the Company shall receive all the required licenses and finalize the Agreement of Cooperation.
Due to the strategic nature of this project and its magnitude, the details behind the 5-year, $3.575 billion budget and the financial sources have not been disclosed. The company is currently in discussions with various Russian government officials regarding further participation and details of such participation will be made available to the public as they are formalized.
About North-West Oil Group (formerly Nord Oil International)
North-West Oil Group is a non-reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. The company presently produces over 120,000 Metric Tons of crude oil yearly
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IElement Corporation Enters Into Letter of Intent With US Wireless Online 10/17/2006
DALLAS, Oct 17, 2006 (PrimeZone Media Network via COMTEX News Network) -- IElement Corporation (OTCBB:IELM) (Frankfurt:SZQ1.F) (Frankfurt:IELM.F), a nationwide provider of advanced communication services and Voice over Internet Protocol (VoIP) solutions, announced today that it has entered into a non-binding letter of intent to purchase a controlling interest in US Wireless Online, Inc. (Pink Sheets:UWRL), one of the nation's largest wireless internet service providers.
Upon completion of due diligence and closing a definitive agreement, the deal will give IElement access to over 2,500 business customers who generated over $3.5 million in unaudited gross revenue for US Wireless in 2005. It will also expand IElement's presence by adding six new markets in the Southern, Midwestern and Eastern parts of the United States.
IElement's CEO, Ivan Zweig, commented: "This is a new opportunity for us to take a leadership position in the booming wireless broadband market, gain valuable market share and broaden our nationwide footprint. We look forward to leveraging this new customer base, technology and market space. Additionally, we anticipate achieving significant penetration into these 2,500 business customers by introducing our vast array of complementary products to them, most of which are not currently offered to the USWO subscriber base. These products include traditional voice service, VoIP, managed Microsoft Exchange, disaster recovery service and hosted IT services. We are committed to increasing shareholder value by leveraging our existing capabilities and are very excited about the vast incremental 'sell through' opportunities presented by the addition of these customers."
IElement is based in Dallas, Texas and US Wireless is based in Louisville, Kentucky. The companies will release additional details of the transaction once a definite agreement is signed, which they expect to take place on or prior to November 15, 2006.
IElement is a facilities-based nationwide communications service provider that offers state-of-the-art telecommunications services to small and medium sized businesses ("SMBs"). IElement provides broadband data, voice and wireless services by offering integrated T-1 lines as well as a Layer 2 Private Network and VOIP solutions. These solutions provide SMBs with dedicated internet access, customizable business solutions for voice, data, wireless, internet, and secure communications channels between the SMB offices, partners, vendors, customers and employees without the use of a firewall or encryption device. IElement has a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas and Chicago.
US Wireless Online owns and operates one of the nation's largest wireless Internet broadband networks with significant coverage areas in Alabama, Florida, Indiana, Kentucky, Mississippi and Pennsylvania. The Company provides commercial wireless Internet access and related applications and services in the rapidly growing wireless broadband industry. US Wireless Online is headquartered in Louisville, Kentucky and more information can be found at www.uswo.net.
For more information on US Wireless Online, Inc. please visit the Company's website at www.uswo.net or call 502.213.3700.
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; and (7) other factors over which we have little or no control.
IElement Inc. Ivan Zweig, CEO (213) 232-3421 investor*ielement.com www.ielement.com US Wireless Online, Inc. (502) 213-3700 www.uswo.net
(C) Copyright 2006 PrimeZone Media Network, Inc. All rights reserved
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Summit Environmental to Launch National Television Advertising Campaign for Its Popular FlameOut(R) Product 10/17/2006
LONGVIEW, Texas, Oct 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Summit Environmental Corporation, Inc. (OTC Bulletin Board: SEVT) this week begins a national advertising program to promote its popular FlameOut(R), the non-toxic, environmentally safe fire extinguisher in an aerosol can. The two-week media flight will air on 10 popular cable networks, such as Oxygen, Lifetime, Discovery, Women's Entertainment and Superstation WGN, reaching more than 466 million viewers. The 60- and 120-second spots are running in various dayparts.
The advertising program will feature a direct response offer, so in addition to buying the product through a retail partner, consumers will be able to call an 800 number or go to a special Web site to purchase directly if they wish.
FlameOut(R) has been selling well at retail for more than a year at such major retailers as Target, Bed Bath & Beyond, Brooks/Eckerd and Big 5 Sporting Goods.
The success of FlameOut(R) has been chronicled in such leading publications as USA Today, The New York Times, Chicago Sun-Times, The Miami Herald and The Star-Ledger in New Jersey. FlameOut(R) has also appeared on television newscasts in Chicago, San Diego, Reno (Nev.), and Tyler (Tex.).
"This is a very important step for Summit to reach a much broader audience and increase our sales traffic for our flagship product," said Chairman and CEO Keith Parker. "We are pleased with the evolution of FlameOut(R) and believe the television ad program will increase the velocity of sales in all our retail channels."
FlameOut(R) is unlike ordinary fire extinguishing products because of its unique chemical properties that are proven effective to stop spot fires and, more importantly, prevent them from spreading or reigniting. The properties of FlameOut(R) completely suppresses a fire by removing oxygen, which smothers the fire, removes the heat to cool the fire and encapsulates the fire to inhibit re-ignition.
Summit has been working to develop the direct response campaign utilizing industry leaders in all fields of the process in effort to generate significant immediate sales. Summit teamed with Transactional Marketing Partners (TMP), a comprehensive business development firm for the direct response industry specializing in helping to bring products to market. TMP has been an integral part of the industry for almost 20 years and works with the direct response leaders including Guthy-Renker, Interglobal and Mercury Media. Thetford Web Development has created an e-commerce Web site to handle inquiries and Internet orders. 24-7 In Touch will handle call center services.
Summit Environmental Corporation, Inc., based in Longview, TX, markets and distributes biodegradable, non-toxic chemical products and fire suppression agents in which the patent and intellectual property rights are held by Summit.
The company is committed to creating products to aid in reducing environmental poisoning mainly in the areas of fire fighting soil and water remediation due to the use of toxic agents causing chemical pollution originating from previous lack of viable alternatives.
EXCEPT FOR THE HISTORICAL INFORMATION CONTAINED HEREIN, THE MATTERS SET FORTH IN THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. THESE FORWARD-LOOKING STATEMENTS ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY. THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS OF THE DATE HEREIN. SUMMIT DISCLAIMS ANY INTENT OR OBLIGATION TO UPDATE THESE FORWARD-LOOKING STATEMENTS.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com
SOURCE Summit Environmental Corporation, Inc.
Catherine Sarreal or Stan Steinreich, both of Steinreich Communications, +1-201-498-1600, for Summit Environmental Corporation http://www.summitenvironmental.com
Copyright (C) 2006 PR Newswire. All rights reserv
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NowAuto Group, Inc. Announces Fiscal Year End Results 10/17/2006
Company Reports Net Profit Before Impairment of $0.02 Per Diluted Share
TEMPE, Ariz., Oct 17, 2006 (PrimeZone Media Network via COMTEX News Network) -- NowAuto Group, Inc. (OTCBB:NAUG) today announced results of its fiscal 2006 year. The Company reported revenue of $11.68 million, up from $2.09 million in the prior year, and Net Income before impairment of $0.02 per diluted share versus a net Loss of $0.15 per diluted share in the prior year.
NowAuto also reported a 47% increase in net contract receivables from the quarter ended March 31, 2006, as well as back-to-back profitable quarters for the first time in the Company's history.
Concurrent with the completion of the Company's 10-K report the Company wrote off all impaired assets related to the acquisition and subsequent disposal of Sunburst Car Co., Inc.
"We are pleased that the thorough review and analysis of prior periods resulted in more accurate and more positive operating and financial results. We are especially pleased that, in light of a difficult December 2005 quarter the Company still produced a net profit before impairment of $0.02 per diluted share for the fiscal year. We believe these results demonstrate while we have a long way to go, we are moving in the right direction," said CEO Scott Miller.
"The results speak for themselves," said CFO Faith Forbis. "Stronger financial controls than we have had in the past and fiscal discipline have not only helped us turn the corner, but are giving us the momentum to move toward increased profitability."
The Company announced further that during fiscal 2007 the Company expects to add new Buy-Here-Pay-Here locations in Arizona, introduce new lines of business and new programs, improve its Web presence and Web-based operations, and improve investor/shareholder services.
About NowAuto Group, Inc.
NowAuto Group, Inc. operates four buy-here-pay-here used vehicle dealerships in Arizona. The Company manages all of its installment finance contracts and purchases installment finance contracts from a select number of other independent used vehicle dealerships. Through its subsidiary, NavicomGPS, Inc. the company markets GPS tracking devices, primarily to independent used vehicle dealerships.
Note to Investors
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, and is subject to the safe harbor created by those sections. The forward-looking information is based upon current information and expectations regarding NowAuto group, Inc. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecasted in such forward-looking statements.
NowAuto Group, Inc. assumes no obligation to update the information contained in this press release. NowAuto Group, Inc.'s forward-looking statements in this press release and future results may be materially impacted by any number of factors, any or all of which could have a negative impact on sales, operating results, financial and budgetary constraints. NowAuto Group, Inc.'s future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Form-QSBs and its Annual Report on Form 10-K. The statements made herein are independent statements of NowAuto Group, Inc. The inclusion, if any, of any third parties does not represent an endorsement of any NowAuto Group, Inc. products or services by any such third party.
For further information contact NowAuto Group, Inc. or visit the Company's Web site at www.nowauto.com.
(C) Copyright 2006 PrimeZone Media Network, Inc. All rights reserved.
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Element 21 Golf Reports on Russian Cosmonaut Mikhail Tyurin Appearing Live on "FOX & Friends" Television Show 10/17/2006
TORONTO, Oct 17, 2006 (MARKET WIRE via COMTEX News Network) -- Element 21 Golf Company ("E21") (OTCBB: EGLF) reported today that on Sunday, October 15, 2006, Russian Cosmonaut Mikhail Tyurin appeared live on the popular "FOX & Friends" television show via telephone hookup between the network's New York City studio and the International Space Station. This is expected to be the first of several interviews and articles leading up to E21's Thanksgiving Day Eagle One Golf Mission.
During the 3-minute interview Tyurin was asked several questions about the event and his preparation for the historic golf shot. The "FOX & Friends" interview can be seen at http://69.28.71.25/e21_foxandfriends.wmv
Mikhail Tyurin never played golf before he agreed to help commemorate the 35th anniversary of astronaut Alan Shepard's golf shots on the moon. Now, he takes practice swings on the International Space Station and remains in regular contact with his personal golf pros LPGA Hall of Fame golfer Carol Mann and PGA Director of Instruction Rick Martino.
On Thanksgiving Day, Tyurin will grab a gold-plated E21 6 iron and gold-plated E21 golf ball, place it on a specially-designed tee during a space-walk and take the shot of a lifetime.
The E21 sponsored event will commemorate Alan Shepard's golf shots on the moon in 1971. The club, gold-plated to prevent sparking, is made from the patented E21 Alloy, an alloy composed primarily of scandium, a material used in missiles, aerospace applications and the International Space Station itself.
NASA scientists predict that the ball will burn up on re-entry to the earth's atmosphere, though Russian scientists think that the ball will orbit the earth for up to four years. Element 21 Golf will track the ball's position on www.e21golf.com.
As a child, Mikhail Tyurin wanted to be a hockey player, but his parents steered him toward studying engineering. After working in the private sector, he joined the Russian Cosmonaut corps in 1993. One of Tyurin's main research interests is studying the psychological effects of space flight.
Tyurin visited the International Space Station in 2001, when he spent 125 days orbiting the earth as part of Expedition 3. This September, serving as Commander of Expedition 14, he docked at the space station for a six-month stay. He will work on the station's assembly and will perform maintenance on the onboard systems.
Tyurin has no golf background, since the sport is rarely played in Russia, though he took two lessons with LPGA Hall of Fame golfer Carol Mann and PGA Director of Instruction Rick Martino and also practiced his swing underwater to simulate the feeling in space. He took one of Mann's golf gloves with him into space.
"FOX & Friends" has become a critically acclaimed national news program. E. D. Hill, Steve Doocy, Brian Kilmeade, Kiran Chetry, and others anchor the early morning program where at times producers talk over the intercom, anchors cross the set for more coffee, and interns do the weather or sports. On the serious side, they update the news, discuss issues with liberal and conservative pundits, and take calls from or read viewer email. Stars from sports, music, movies and TV drop by regularly as well.
About Element 21 Golf Company:
E21 holds the exclusive right to manufacture golf products using the proprietary E21 Alloy. Through a sophisticated multi-technology production path E21 manufactures shafts, drivers, and other clubs with marked improvements in distance, accuracy and feel over competing products. In recent months a number of high profile golf professionals have switched to or began testing E21's Eagle One shafts. The E21 Alloy is 55% lighter and offers 25% strength to weight advantage over Titanium alloys, the current standard in the golf equipment industry. The advanced dynamics of the E21 Alloy and the material economics offer a performance-enhanced alternative to manufacturing driver clubs with Titanium, the largest segment of the annual $5.5 billion dollar golf equipment marketplace.
E21 recently announced its "Golf Shot Around the World Mission" in celebration of the 35th anniversary of Alan B. Shepard Jr.'s historic Apollo 14 Mission. Just about every single record for distance in the golf industry will be shattered this fall when an astronaut will hit a golf ball into orbit around the earth -- using an E21 golf club. It is only natural that this event takes place on the International Space Station, considering that scandium alloys similar to the E21 Alloy are also used on the Space Station in high strength, fatigue resistant applications.
E21 Golf -- The Evolution Is Inevitable!
Forward-Looking Statements. Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties which could cause actual results or events to differ materially from those currently anticipated, including but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting E21 and its business. A number of these risks and uncertainties are described in E21's periodic reports filed with Securities and Exchange Commission. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein, which speak only as of the date hereof. E21 undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Media members interested in testing shafts or other E21 products for an editorial review or receiving further information please contact:
The Media Group Joe Wieczorek or Bart Henyan (847) 956-9090 joe*themediagroupinc.com barthenyan*hotmail.com
Company Contacts: Investor Relations Element 21 Golf Company (416) 362-2121 investors*e21golf.com http://www.E21Golf.com Sales Element 21 Golf Company 888 365-2121 sales*e21golf.com http://www.E21Golf.com
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Anti-Spyware Software Developer Enigma Software Group, Inc. Announces Subscriptions for Week Ending October 15, 2006 10/17/2006
STAMFORD, Conn., Oct 17, 2006 (PrimeZone Media Network via COMTEX News Network) -- Enigma Software Group, Inc. (OTCBB:ENGM) (the "Company"), a technology and services company that creates and develops Internet Privacy Protection and Computer Security Software and Applications for Internet users, today announced 1,415 new subscriptions for the week ending October 15th.
For a better understanding of Enigma's business, the reader is urged to review the Company's public filings, which are available online at http://www.sec.gov
About Enigma Software Group, Inc.
Enigma develops and markets digital products and services for the consumer market. Enigma is known mostly for its Anti-Spyware software product SpyHunter. SpyHunter is distributed exclusively over the Internet by download. Enigma owns and operates several websites, including the Spyware reference sites www.spywareremove.com,www.anti-spyware-101.com,www.2-freespywareremoval.com,www.uninstall-spyware.com, and more. Enigma Software operates within the United States with a worldwide customer base.
This release contains forward-looking statements relating to the development of Enigma Software Group, Inc.'s products and services and future operating results, including statements regarding Enigma Software Group's software, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect Enigma Software Group Inc.'s actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Enigma Software Group, Inc. undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
Enigma Software Group, Inc. Richard M. Scarlata, Chief Financial Officer (888) 360-0646
(C) Copyright 2006 PrimeZone Media Network, Inc. All rights reserved.
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Tyler Expands Bahuerachi Deposit With 59.15 Meters Grading 0.59% Copper, 9.2 G/T Silver and 0.87% Zinc, Including 16.8 Meters Grading 1.0% Copper, 15.4 G/T Silver and 2.37% Zinc at Bahuerachi 10/17/2006
CALGARY, ALBERTA, Oct 17, 2006 (CCNMatthews via COMTEX News Network) -- Tyler Resources Inc. (TSX VENTURE:TYS) is pleased to announce the continued expansion of the Bahuerachi Deposit to the north with drill results from its ongoing drill program in Mexico.
Data from 1 additional drill hole north of the Main Zone expanding the main Bahuerachi Deposit has been received (BAH-96), as well as results from widely spaced scout RC drilling in the North Porphyry Lobe and first pass core drilling at Colome.
The exploration program is ongoing with 3 drill rigs, currently focusing on expanding the Bahuerachi Deposit, Mexico's 4th largest mineralized porphyry system as defined by Tyler's recently released independent resource estimate. Current expansion plans includes continued drilling to the north in areas of new high grade mineralization as outlined in drill hole #96, as well as infill drilling of mineralized sediments which have not to date been included in the resource estimate calculations.
Results for drill hole BAH-96 are presented in the following table and discussed below. A geological cross section for the drill hole reported is posted with the news release on our website at www.tylerresources.com. Drill hole collar locations are shown at http://www.ccnmatthews.com/docs/1017tysmap.pdf.
Significant intervals for drill hole BAH-96------------------------------------------------------------------------Ho le # From To Interval Copper Gold Silver Zinc Mo Rock (m) (m) (m) (%) (g/t) (g/t) (%) (%) Type------------------------------------------------------------------------BAH- 96 183.5 214 30.5 0.20 0.02 3.26 trace 0.009 Sediments----------------------------------------------------------------------- - Skarn/and 258 329 59.15(1) 0.59 0.05 9.18 0.87 0.005 sediments----------------------------------------------------------------------- -including 283 299.8 16.8 1.00 0.11 15.41 2.37 Trace Skarn------------------------------------------------------------------------and 393.4 410 16.6 0.81 0.1 8.23 0.21 0.003 Skarn------------------------------------------------------------------------(1) Excludes 11.85 meters of unmineralized dykes All holes are interpreted to be testing true widths of mineralization. Of particular note in drill hole BAH-96 are the increased thicknesses of skarn with polymetallic mineralization compared to sections to the south, the significant increase in the presence of zinc mineralization, and the consistent increase of grades with depth along this section. The Company is pleased by the presence of previously unrecognized high grade mineralization going north, and the potential it represents to increase the main Bahuerachi Deposit.
North Porphyry Lobe RC Drilling and Colome Drilling
Results for RC drill holes 49, 50, 51 and 52 have been received. These holes are part of a wide spaced scout drilling fence across the center portion of the North Porphyry Lobe. Geometry of the mineralized units as revealed by core drilling in drill holes BAH-96 and BAH-101 (see drill section) have now revealed that these drill holes did not reach a depth sufficient to test the expansion of the Main Zone to the North. Two of the holes did identify near-surface zones of anomalous gold--silver and zinc mineralization respectively (RC-50, 18.24 to 22.8 meters, 0.18 g/t gold and 13.6 g/t silver over 4.56 meters and RC-51, 98.8 to 132.24 meters, 0.16% zinc and 2.39 g/t silver over 33.44 meters). RC-49 and RC-52 did not intersect significant composite intervals of mineralization.
Six short core holes (Bah-95, 97, 98,99, 100 and 102) were drilled as a first pass testing of the Colome Skarn system where previous surface mapping and sampling had outlined various mineralized skarn occurrences. All of the holes intersected various skarn units and sulphide bearing bleached marble. Assay results indicates the presence of widespread low-grade near surface polymetalllic mineralization. Of note are BAH-95: 9.17 to 22 meters, 0.15% zinc and 1.87 g/t silver over 12.83 meters, BAH-97: 14 to 16 meters, 2.68% zinc and 3.5 g/t silver over 2 meters, BAH-98: 20.9 to 25.5 meters, 0.5% zinc and 4.5 g/t silver over 4.60 meters, BAH-100: 57 to 59 meters, 1.24% zinc, 4.7 g/t silver, 0.31% lead and 0.14% copper over 2 meters and BAH-102:17.8 to 22.0 meters, 0.65 g/t gold over 4.2 meters. High grade ore shoots, which were the subject of historical underground mining in this area, were not intersected either due to a different geometry than targeted, or due to a potentially discontinuous nature of the ore shoots. Further surface work will be conducted as time allows to ascertain whether the target should be reassessed with different drilling orientations in a later follow up campaign.
Field Update
Drilling is ongoing with 3 rigs operating in the Main Zone, targeting additional tonnage accretive to the initial resource estimate (BAH-105, RC-63) as well as aiming to upgrade certain areas in terms of resource classification from the inferred to indicated category (BAH-103).
Results currently outstanding include drill holes RC-53, 54, 55, 56, 57, 58, 59, 60, 61, 62 and core holes 101 and 104 (see attached location map).
Results are currently being compiled from surface work and surface sampling at numerous known and newly discovered mineralized systems peripheral to the Main Zone Porphyry, and will be released once the compilation work is complete.
A new Corporate Presentation with updated material from the resource estimate 3D model and block model is currently being finalized and is expected to be posted on the Company's website by Wednesday, October 18th.
About Tyler
Tyler Resources is a junior exploration company focused on base and precious metals exploration in Mexico. Tyler's primary project is the Bahuerachi property, which hosts Mexico's fourth largest mineralized porphyry system. The Company is now in the advanced stage of a 35,000 meter combined diamond and reverse circulation drilling program scheduled to be completed during 2006, making it one of the most active Canadian junior exploration companies operating in Mexico.
All assay work was performed by ICP at ALS-Chemex labs of Vancouver, with gold done using standard fire assay methods. All samples sent to the lab are sealed with security tags for delivery to ALS-Chemex. Duplicate samples as well as standards and blanks are inserted in each batch of samples delivered to the laboratory and then checked to ensure proper quality assurance and quality control (QA/QC).
The Qualified Person responsible for the design and implementation of the Field Program as well as the preparation of this news release was J. P. Jutras, P.Geol., and President of the Company. The work program is being carried out with the participation of Dr. Shane William Ebert, Ph.D, P.Geo, Vice President and Director, Dustin Rainey, B.Sc Geology, Grant Couture, M.Sc Geology, Paul Turnbull, B.Sc, P.Geol and Cornell McDowell, B.Sc Geology, consultants to the Company.
Jean Pierre Jutras, President/CEO/Director
Cautionary language:
This news release uses the terms "inferred resources" and "indicated resources". The Company advises investors that although these terms are recognized and required by Canadian securities regulations (under National Instrument 43-101 Standards of Disclosure for Mineral Projects), the US Securities and Exchange Commission does not recognize these terms. Investors are cautioned not to assume that any part or all of the mineral resources in these categories will ever be converted into reserves. In addition, "inferred resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for a "preliminary assessment" as defined under National Instrument 43-101. Under US rules, Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Tyler's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Tyler. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Tyler's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Tyler's filings with the Canadian securities authorities. Accordingly, holders of Tyler shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Tyler disclaims any responsibility to update these forward-looking statements.
SOURCE: Tyler Resources Inc.
Tyler Resources Inc. Jean Pierre Jutras President/CEO/Director (403) 269-6753 (403) 266-2606 (FAX) Website: www.tylerresources.com
Copyright (C) 2006 CCNMatthews. All rights reserved.
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New Management Team to Lead The Banker's Store Growth 10/17/2006
BOWLING GREEN, Ky., Oct 17, 2006 (BUSINESS WIRE) -- The Banker's Store, Inc (OTCBB:BSTR) announced today that its board of directors has named Vincent C. Buckman to serve as the company's chief executive officer and President and named Sam Stone to serve as the company's chief financial officer. Buckman and Stone will also serve on the board as directors of the company. Cindy Hayden, a current employee, will serve as Vice President, Secretary and was also named to the board of directors.
In connection with the announcement, Paul Clark, The Bankers Store Chairman said, "Vince will lead the company during the implementation of its strategic plan. Subject to availability of adequate capital and financing, the Company will seek to combine with growing profitable companies in the ATM (automated teller machine), financial equipment (physical and electronic security) and service industry. The company will also continue to develop the Banker's Store showroom to display, demonstrate and sell the latest technology equipment to financial institutions. As the banking industry has merged and consolidated over the last decade, it follows that bank equipment and service companies do the same to better serve the needs of the industry. I am delighted to have industry veterans like Vince and Sam on board as we begin to implement our growth strategy."
Mr. Buckman was previously a division manager of a national company that markets equipment and service to financial institutions. He has held various sales, marketing and management positions within the ATM (automated teller machine), financial equipment (physical and electronic security) and service industry. He was also involved in the acquisition and integration of companies in the financial equipment and service industry. He holds a bachelor's degree from the University of Evansville.
Mr. Stone was previously controller of a national sales and service company that sells and services ATMs (automated teller machines), physical and electronic security equipment and image systems to financial institutions. During his tenure, he was involved in the acquisition and integration of several companies during the company's rapid growth. Previously, he held various financial positions with other national companies in the public and private sectors. He holds a bachelor's degree in accounting from the University of Kentucky.
Cindy Hayden joined the Company in 1998 and is in the accounting department and handles shareholder relations. Prior to joining The Bankers Store, Inc., Ms. Hayden worked in various positions within the steamship industry.
Forward Looking Statements
The Company believes certain statements contained in this press release that are not historical facts constitute forward-looking statements. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Any forward-looking statement speaks only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
Statements concerning expected financial performance, on-going business strategies, and possible future actions which the Company intends to pursue in order to achieve strategic objectives constitute forward-looking information. Implementation of these strategies and the achievement of such financial performance are each subject to numerous conditions, uncertainties and risk factors. Factors which could cause actual performance by the Company to differ materially from these forward-looking statements include, changes in general economic and business conditions; the availability and terms of sufficient capital and adequate financing to fund the Company's business plan and growth strategy; the ability to consummate and successfully integrate acquisitions; the success and financial condition of the Company's significant customers; competition; acceptance of new product offerings; changes in business strategy or plans; quality of management; the Company's ability to maintain an effective system of internal control; cost and price changes; availability of raw materials; business abilities and judgment of personnel; changes in, or the failure to comply with, government regulations, legal proceedings and developments; increases in general interest rate levels affecting the Company's interest costs; and terrorism and political unrest. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Infotec Business Systems Inc. Acquires Azatel on New Broadband IPTV Deal 10/17/2006
VANCOUVER, British Columbia, Oct 17, 2006 (BUSINESS WIRE) -- Today marked another milestone day for Infotec Business Systems Inc. (OTCBB:IFTC). Company CEO Arthur Griffiths has released the general details of a broad agreement between Infotec and Azatel, a broadband firm that has been building a reputation in the industry for several years. In an effort to build more forward momentum in the Internet-TV market with Infotec's broadcast portal Wavelit.com, Infotec is now poised to become a leading player with this new, acquisition. The acquisition is a major move by Infotec into the video market, despite already having made a previous foray into the market. Having never fully explored the power and reach of IPTV, this deal could help bring IPTV globally faster than industry analysts have forecasted. This also enables Voice (VoIP), Video or both to be sold into each company's customer base, allowing Infotec to become a 'turnkey' solution into a very strategic market.
As two emerging giants collaborate and complete logistical preparations, the acquisition agreement looks to be finalized at the end of October 2006. Both companies are already enthusiastic about the next few quarters ahead:
"A chance to finally work with a business leader like Arthur Griffiths is a dream come true for us. Arthur, a true visionary sees the same market potential that we do at Azatel, and was more than eager to find a way to build a mutually beneficial partnership," said Azatel President Derek Herman.
"I see Azatel as the missing link to bridging the divide between home entertainment, and IPTV Technology. Infotec seeks to become the new leader in this emerging market, and Azatel has an understanding of its mechanics like no one else we've seen. I'm thrilled to be working with Derek and his team at Azatel," said Infotec CEO Arthur Griffiths.
About Infotec Business Systems Inc./Wavelit.com
Infotec Business Systems, Inc., (OTCBB:IFTC), using their broadband video portal Wavelit.com is leading the way through the Internet-TV revolution. Infotec has launched its proprietary multi-channel, broadband full service television network, Wavelit.com, offering an unparalleled Internet-TV experience to audiences from around the world. Wavelit.com utilizes a subscription and advertising-driven content delivery engine that offers a variety of on-demand television to viewers via Internet browsers and set-top boxes provided by Azatel. Infotec has fully tested its new point of presence location in the Quinby Building in Los Angeles, California - firmly establishing a foundation for the delivery of our services on a global scale with unprecedented bandwidth capabilities. The site provides Infotec the ability to directly access all major Internet carriers and hundreds of Satellite TV stations, enables operations to be quickly scaled to meet future demands and dramatically reducing the cost of content delivery.
About Azatel
Azatel manufactures the highest quality IAD's and other SIP related products providing our partners with the technologies to mass launch their service offerings, quickly expand their subscriber base, and to further increase their customer loyalty.
Our products are Internationally deployed, interacting with a large variety of Proxy Servers, Registrars, Media Servers, Termination Gateways & other IAD's. We are consistently implementing new features, designing new products and continually developing our International partnerships. Azatel is focused on providing our partners with value added channels to further strengthen their service offerings.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, and the unpredictable nature of business risks; as well as the ability to establish and grow brand awareness of IFTC and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
SOURCE: Infotec Business Systems, Inc.
Wavelit.com / Infotec BSI Arthur Griffiths, CEO, 604-682-1442 a.griffiths*infotecbsi.com or Christopher Bennett, Public Relations, 604-315-8683 bennettcoastal**********
Copyright Business Wire 2006
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posted
News for 'IGTG' - (Ingen Technologies Introduces Secure Balance(TM) to American Osteopathic Association - Exhibits at AOA Convention in Las Vegas This Week -)
YUCAIPA, Calif., Oct 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Ingen Technologies, Inc. (OTC: IGTG), a medical device manufacturer and research developer of "next generation" medical technologies, announced today that its Secure Balance(TM) products will be on exhibit this week at the American Osteopathic Association (AOA) convention in Las Vegas.
The AOA is a member association representing more than 56,000 osteopathic physicians (DOs) and serves as the primary certifying body for DOs, and is the accrediting agency for all osteopathic medical colleges and health care facilities. The AOA's mission is to advance the philosophy and practice of osteopathic medicine by promoting excellence in education, research, and the delivery of quality, cost-effective healthcare within a distinct, unified profession. The AOA works closely with various affiliate organizations to advance osteopathic medicine at the state level, by medical specialty, through education at the colleges of osteopathic medicine and in many other ways.
"With the new production and distribution of OxyView,(TM) and with the growing Secure Balance(TM) product line, we continue to pioneer new products and markets in the medical industry. We are pleased to be exhibiting this week at the American Osteopathic Association convention in Las Vegas," said Scott Sand, Chairman and CEO.
The AOA recently announced that the Centers for Medicare and Medicaid Services will increase payments for Evaluation & Management codes beginning in January 2007. The payment increase is a result of the AOA's advocacy efforts on behalf of the osteopathic family, along with the AMA, on the Relative Value Update Committee (RUC), which advises the Centers for Medicare and Medicaid Services (CMS) on reimbursement issues. These developments should have a positive effect on the use and application of Secure Balance(TM) nationwide.
"It has been an overwhelming reception by the physician members of AOA here in Las Vegas. Our five member Secure Balance(TM) team has been extremely busy demonstration the Secure Balance(TM) products and taking new orders," said Daniel Scherer, CEO of Secure Health, Inc., the marketing arm for Secure Balance(TM).
About Ingen Technologies' Secure Balance(TM) Program
The Secure Balance(TM) program offers a combination of a vestibular function testing diagnostic system and a balance assessment and therapy system. Falls are a common problem among older adults, often resulting in pain and disability. According to Yale University School of Medicine, falls and fall injuries are more common than strokes and can be just as serious in their consequences. Falls are the most preventable cause moves to a nursing home and can lead to problems walking, getting around, and doing daily activities like dressing and bathing among adults 70 years and older: 3 in 10 fall each year, 2 in 10 who need home health care after being in the hospital will fall during the first month after coming home, 1 in 10 suffer a serious fall injury such as a broken bone or head injury, 5 in 10 have problems getting up without help after they have fallen, falls cause over 90% of broken hips; only half of those who break their hip will get around like they did before their broken hip, and in the United States, 16 percent of all Emergency Department visits and almost 7 percent of all hospitalizations are for fall-related injuries.
However, there are proven treatments that can decrease the chance of falling or suffering an injury. Further, according to Yale University School of Medicine, many of the health problems that increase the chance of falling are known and are treatable. Common, treatable health problems and hazards include problems with walking or moving around, medications, foot problems or unsafe footwear, blood pressure dropping too much on getting up, problems seeing, and tripping hazards at home. Secure Balance(TM) incorporates all of the latest testing, assessment and therapy systems into a comprehensive balance and fall prevention program available to doctors and medical offices worldwide.
China Direct Expands Roof Tile Marketing Through Regional Web Sites 10/18/2006
COOPER CITY, FL, Oct 18, 2006 (MARKET WIRE via COMTEX News Network) -- China Direct Trading Corp. (OTCBB: CHDT) today announced that the its Overseas Building Supply (OBS) subsidiary has expanded the marketing and sales channels for imported clay roof tiles to include the following two new regionally focused web sites. The West Coast Roof Tiles (www.westcoastrooftiles.com) and Florida Roof Tiles (www.floridarooftiles.com) web sites were specifically created to provide information and generate sales of the OBS Roof Tiles in the western U.S. and Florida markets, respectively.
Potential customers will now be able to go online, for their area, to find testing procedures, results, and sample information and place orders. Each web site will have up to date information on trade shows and news pertaining to OBS. West Coast Roof Tiles and Florida Roof Tiles teams will also be working together sharing leads and exchanging marketing ideas to further expedite sales throughout the U.S. as well as other countries.
"We are pleased to have representation in the western U.S. states," said Howard Ullman, Chairman and CEO of China Direct. "This will help provide inexpensive marketing on the World Wide Web for OBS Roofing Tiles in our two key, targeted markets," he added.
For information on the roof tiles, including photos and testing results proving their superior strength and physical properties, visit www.chdt.us. To order tiles, or for further information, call Howard Ullman at 954-252-3440 or visit the West Coast Roof Tiles (www.westcoastrooftiles.com) and Florida Roof Tiles (www.floridarooftiles.com) web sites.
About China Direct: China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) and Capstone Industries (CI) wwwcapstoneindustries.com are companies engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir, gift, and book light items. None of the web site URLs listed in this press release are incorporated into or are part of this press release.
FORWARD-LOOKING STATEMENTS: This press release, including any financial information and projections, contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect and actual results may differ significantly, materially from those anticipated results set forth in such statements. Current revenues and revenue growth is not a reliable indicator of future financial results and should not be relied upon by investors as such an indicator. China Direct relies on outside investment to expand its operations. Such financing may not be available on affordable terms or at all in the future to sustain or grow such new operations and such operations may not generate sufficient income to fund operations and growth. Further, the fact that China Direct is establishing new operations is not an indicator of the future success by China Direct or by any such operation. China Direct and such new operations may lack sufficient management and sales personnel and resources to achieve or sustain revenues necessary to the survival of such new operations and each such new operation further strains China Direct's existing, limited management personnel and resources. China Direct and CPS undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company (and as such is deemed a "highly risky investment") should be evaluated together with the many uncertainties that affect our business, particularly those stated in the cautionary statements and risk factors in current and future China Direct SEC Filings, which statements we hereby incorporate by reference herein.
For China Direct: Rich Schineller 941.918.1913 rich*chdt.us
SOURCE: China Direct Trading Corp.
mailto:rich*chdt.us
Copyright 2006 Market Wire, All rights reserved.
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U.S. Equity News: Diamond I Offers Update on Previously Announced Global Gaming Platform Venture and Sprint Nextel Teams with QUALCOMM and Lucent Technologies 10/18/2006
Oct 18, 2006 (M2 PRESSWIRE via COMTEX News Network) -- City of Industry, CA - Wireless Communications industry alert provided by U.S. Equity News. Diamond I, Inc. (OTC BB: DMOI), a developer of wireless gaming products, including the GS2(TM) wireless hand-held gaming unit and the WifiCasino(TM) wireless gaming system, recently provided an update regarding the previously announced http://biz.yahoo.com/prnews/061002/nym141.html?.v=54,http://biz.yahoo.com/prnews/061005/lath072.html?.v=78 Global Gaming Platform venture among Diamond I, Real Video Gaming, Inc. (RVG), Voyant Media Group, Inc. (VMG) and Ibis Networks.
Sprint (NYSE:S) announced that it has selected Lucent Technologies (NYSE:LU) to develop software and infrastructure necessary to enable the new services to work throughout Sprint's CDMA2000 1xEV-DO Revision A network. In addition, Lucent Services, one of the largest network integrators, is providing program management, end-to-end multi-vendor network integration, testing, operational readiness and deployment services to implement QChat. Verizon Wireless, a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD), presented Worcester, Mass. Police Chief Gary Gemme with its third HopeLine Law Enforcement Partnership Award. The award, presented during a ceremony held yesterday in Boston, recognizes members of law enforcement for their work in domestic violence prevention and awareness in local communities across the country. GigaBeam Corporation (NASDAQ:GGBM) announced recently that its WiFiber wireless fiber links, to be provided by MetroNext Inc., will be the backhaul for the City of Boston's WiFi pilot project in Roxbury's Grove Hall and Dudley Station neighborhoods of Boston. As described in the attached City of Boston press release, Boston is taking the first steps in implementing the recommendations of its Wireless Task Force.
About U.S. Equity News
U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.
U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
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Universal Detection in Deal With Emergency Film Group to Market and Promote the Training Video, 'Detecting Weapons of Mass Destruction' 10/18/2006
LOS ANGELES, Oct 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Universal Detection Technology (OTC Bulletin Board: UDTT) a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced that it is partnering with Emergency Film Group to promote and market "Detecting Weapons of Mass Destruction."
"As we continue to expand our products and services to other areas of counterterrorism, this offering fits in well with that strategy," said Mr. Nima Montazeri, VP of Business Development for Universal Detection Technology. "With it being the five year anniversary of the deadly anthrax attacks, and in the wake of a Nuclear test by North Korea, there seems to be a growing focus on these threats," he added.
About Emergency Film Group
Emergency Film Group is the award-winning leader in video and DVD-based training for HAZMAT & terrorism emergency response. Since 1987, Emergency Film Group has produced and distributed award-winning training films, videos and DVDs of interest to the hazardous materials, counter-terrorism, environmental and emergency response communities in both the public and the private sector.
About Universal Detection Technology
Universal Detection Technology is a developer of monitoring technologies, including bio-terrorism detection devices. The Company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the Company, in cooperation with NASA has developed a bio-terror 'smoke' detector that detects certain biohazard substances. For more information, please visit http://www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE Universal Detection Technology
Jacques Tizabi of Universal Detection Technology, +1-310-248-3655, jtizabi*udetection.com http://www.udetection.com
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Palomar Enterprises Selects Western Homes Corporation 10/18/2006
CARLSBAD, Calif., Oct 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Palomar Enterprises (OTC Bulletin Board: PLMA), has selected Western Homes Corporation to produce off-site manufactured homes for residential development projects being considered by Palomar. Western Homes provides HUD approved houses, ranging from 1,100 square feet to 4,200 square feet, which are built 90% off-site to assure rapid completion of a quality built home in as little as 60 days. The benefits of off-site construction are:
TIME -- Reduces start up to completion time, which typically takes between eight to ten months, to as little as 60 days -- a net savings of six months. This time savings translates into substantial reductions in capital and finance charges.
CONTRACTORS -- Hiring sub-contractors with scheduling delays are eliminated by a centralized production and engineering facility where technical supervision is always present.
QUALITY -- The quality of construction is superior due to the availability of advanced specialized equipment custom designed to ensure that each project is completed exactly as detailed by the architectural / engineering specifications.
About Palomar Enterprises
Palomar Enterprises, Inc., based in Carlsbad, CA, is a licensed real estate and mortgage brokerage firm, specializing in California coastal properties. The company derives revenue from commissions earned by agents on the sale and purchase of real estate, as well as from home loan originations. The company focuses its resources on the acquisitions of distressed, foreclosure properties and residential development projects.
From time to time, the Company may issue news releases that contain "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, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
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AlphaRx International Holdings Limited Enters Oncology Market 10/18/2006
HONG KONG, Oct 18, 2006 (MARKET WIRE via COMTEX News Network) -- AlphaRx International Holdings Limited ("AIH"), subsidiary of AlphaRx Inc. (OTCBB: ALRX), announces that they are entering into the multi billion dollars oncology market with two nanotechnology based products, to address hepatic and lung cancer respectively.
The Company's first lead product is a biodegradable nanoparticle based injectable formulation of Doxorubicin targeted to treat primary liver cancer (hepatocellular carcinoma - HCC).
Doxorubicin is one of the most widely prescribed therapeutic agents in the treatment of cancer. As a single agent or in combination therapy, doxorubicin has a 15-20% response rate in HCC, making it one of the more effective drugs available. However, a high risk of cardiac toxicity is associated with doxorubicin and this limits its use as a first line treatment for non-resectable patients. The Company believes that its' Doxorubicin nanoparticle formulation may overcome resistance by bypassing Multi Drug Resistance (MDR) mechanisms and thereby reducing its cardiac side effects. (MDR's are cancer cell adaptations which activate transmembrane transporter proteins, actively pumping the therapeutic agents outside the cancer cell shortly after their cellular absorption, limiting their effectiveness. It is this efflux of drug extracellularly or intracellular redistribution of the agent which leads to cardiac toxicity.)
The Company's second lead product is a biodegradable nanoparticle based inhalable formulation of Paclitaxel, targeted to treat non-small cell lung cancer (NSCLC). NSCLC accounts for nearly 80% of all lung cancers, with 1.2 million new cases diagnosed worldwide each year. The 5-year survival rate for these patients is approximately 15%, and lung cancer remains the leading cause of cancer-related mortality in the western world. The Company's Paclitaxel formulation is administered directly to the lung by inhalation vs. the traditional systemic I.V. administration method. Such localized administration is expected to be more effective, more convenient to administer and possessing fewer side effects.
About AlphaRx International Holdings Limited (AIH)
AIH based in Hong Kong, is a subsidiary of AlphaRx Inc. (OTCBB: ALRX). AIH's mission is to become a leading developer, manufacturer and marketer of innovative pharmaceutical products in Asia through its strategic and joint venture partners. Currently, AIH is focusing on developing nanotechnology based drugs for the oncology market, the Company's lead products is a nanoparticle based formulation of Doxorubicin and Paclitaxel intended to treat hepatic cancer and non-small cell lung cancer respectively.
Distributed by Filing Services Canada and retransmitted by Market Wire
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PaperFree Medical Solutions, Inc. (PFMS) Announces Appointment of Craig S. Barrow as Chief Financial Officer Business Wire - October 18, 2006 08:00
KOKOMO, Ind., Oct 18, 2006 (BUSINESS WIRE) -- PaperFree Medical Solutions, Inc. (OTCBB:PFMS) has employed and appointed Craig S. Barrow to be the new Chief Financial Officer of PaperFree Medical Solutions.
Craig S. Barrow served as Vice President of Finance and Chief Financial Officer of North Coast Health Systems (1985-1986) where he restructured the organizations' debt financing to significantly reduce debt service which improved profitability and cash flow. He has been launching successful technology businesses for over fifteen years. While at Owens Illinois (1973 - 1985), Craig developed an advanced computer system for reviewing and analyzing corporate reporting information. This system revolutionized the way Fortune 500 companies managed their business. Comshare commercialized this system with Mr. Barrow leading the way as Vice President of Marketing from 1986 to 1991. During that time the company's software sales grew from $10M to over $150M while its stock price grew by over 300%. The company came to control more than 50% of the global market. From 1991 to 1996 Craig was the Principal at Barrow & Associates, a Sales and Marketing consulting firm, and worked with numerous technology companies to launch products that gained significant market share. These companies included Dun & Bradstreet, Pilot Software, IRI Software and Oracle. In 1996 Oracle hired Mr. Barrow to help launch its Data Warehousing business. Craig was responsible for Data Warehousing in the Americas. During his five years at Oracle (1996 - 2000) Data Warehousing grew to become a $1B business for the company.
"Craig is an extremely competent executive that will be responsible for key areas of our growth. I am very pleased that he has decided to join PaperFree Medical Solutions as we address a critical need in today's healthcare marketplace," states Steve Hawksworth (President & CEO).
PaperFree Medical Solutions, Inc. (PFMS) provides hardware, software and services to the medical community. PFMS serves practitioners, doctors, and other health providers operating in clinics and small hospitals. The range of service offerings includes billing services, practice management systems, occupational medicine systems, managed private networks, and hosting services. The company is headquartered in Kokomo, IN.
SOURCE: PaperFree Medical Solutions, Inc.
PaperFree Medical Solutions, Inc. Chris Mills, 765-456-1089 Fax Number, 765-456-1091 Email Address: info*mdpaperfree.com Website: www.mdpaperfree.com
Copyright Business Wire 2006
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PaperFree Medical Solutions, Inc. (PFMS) Acquires Doctor's Billing Corporation, a Practice Management Software and Services Corporation Business Wire - October 18, 2006 08:00
KOKOMO, Ind., Oct 18, 2006 (BUSINESS WIRE) -- PaperFree Medical Solutions, Inc.(OTCBB:PFMS) has acquired Doctor's Billing Corporation, a Michigan corporation, in a stock purchase transaction. Doctor's Billing Corporation (DBC) will become a wholly-owned subsidiary of PaperFree Medical Solutions.
"This acquisition delivers a stable practice management software application, existing customers, and a Michigan operating location to PaperFree. We look forward to integrating the high-volume, high stability practice management into our consolidated market offering," states Steve Hawksworth (President & CEO).
PaperFree Medical Solutions, Inc. (PFMS) provides hardware, software and services to the medical community. PFMS serves practitioners, doctors, and other health providers operating in clinics and small hospitals. The range of service offerings includes billing services, practice management systems, occupational medicine systems, managed private networks, and hosting services. The company is headquartered in Kokomo, IN.
SOURCE: PaperFree Medical Solutions, Inc.
PaperFree Medical Solutions, Inc. Chris Mills, 765-456-1089 Fax Number, 765-456-1091 Email Address: info*mdpaperfree.com Website: www.mdpaperfree.com
Copyright Business Wire 2006
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Washington County Orders Nighthawk Systems Units for Fire Department Business Wire - October 18, 2006 07:00
SAN ANTONIO, Oct 18, 2006 (BUSINESS WIRE) -- Nighthawk Systems, Inc. (OTCBB: NIHK), a leading provider of intelligent wireless power control and emergency notification products, announced today that it has received an order from King County, Washington for its EA1 Emergency Alert units. King County has been upgrading its county-wide firehouse alerting system, and has purchased Nighthawk's FAS-8 firehouse alerting systems over the past year. This most recent order is the first by King County for the EA1 units, which will be placed in the homes of firefighters.
Utilizing the proprietary Nighthawk board, the EA1 is a perfect complement to the FAS-8. It extends the reach of the 911 system operator past the firehouse into the homes and offices of volunteer firefighters, fire chiefs and other first responders. When activated, the EA1 will emit an audible alarm and activate the power outlet on the unit's faceplate, so that a firefighter can be awakened to a lighted room. The unit is available with an optional strobe, and can also be utilized to deliver a message to a printer or sign.
H. Douglas Saathoff, Nighthawk's Chief Executive Officer, stated, "We're extremely pleased to receive this latest order from King County, and happy that they continue to use Nighthawk products throughout the county. Utilizing our core technology and proprietary firmware, we're extending our reach in our targeted markets with new products that in turn extend our customers' reach even further. We look forward to getting more of our emergency alerting units into homes and businesses to help deliver critical information where and when it's needed at a moment's notice."
About Nighthawk Systems, Inc.
Nighthawk is a leading provider of intelligent wireless power control products that enable simultaneous activation or de-activation of multiple assets or systems on demand. Nighthawk's installed customer base includes major electric utilities, internet service providers and fire departments in over 40 states. Nighthawk's products also enable custom message display, making them ideal for use in traffic control and emergency notification situations.
Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company's website at www.nighthawksystems.com.
Forward-looking statements
Statements contained in this release, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, acceptance of new or existing businesses, capital resources and future business or financial results are "forward-looking" statements. You should not place undue reliance on these forward-looking statements. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, customer acceptance of our products, our ability to raise capital to fund our operations, our ability to develop and protect proprietary technology, government regulation, competition in our industry, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this press release to conform these statements to actual results or to changes in our expectations, except as required by law.
SOURCE: Nighthawk Systems, Inc.
Nighthawk Systems, Inc. Doug Saathoff, 877-7-NIGHTHAWK, ext. 701 dsaathoff*nighthawksystems.com
Copyright Business Wire 2006
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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(below is from my power etrade news notices. i couldn't copy and paste directly so i just typed it out word for word.)
source: form 144
filer: margie chassman broker: national securities corp restricted shares to sell: 14,131,112 date registered: 10/16/06 approximate date of sale: 9/22/06
the form 144 is filed with the SEC to reflect the intention of any holder of restricted stock to sell those shares. after the 144 is mailed to the SEC, the filer is permitted to sell the shares, or any fraction of them, within 90 days.
form 144 data source: the washington service (info*washingtonservice.com or 301-913-5100
end: dow jones newswires
10/17/06 2225ET
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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RushNet Racks Up Solid Results at Major Trade Shows
PrintE-mailDisable live quotesRSSDigg itDel.icio.usLast Update: 9:25 AM ET Oct 18, 2006
BLUE ISLAND, Ill., Oct 18, 2006 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce the success of the Company's October 2006 exhibitions at two major trade shows, Expo East (Baltimore) and the National Association of Convenience Stores Show (NACS; Las Vegas). The Company's all-natural and organic products generated tremendous interest from trade buyers: distributors, chains and independents. Expo East Highlights Numerous retailers praised the Company's Organic Apple RUSH(TM) and Organic Apple RUSH with Raspberry(TM) as "real winners" for their exceptional taste and design. This rousing send-off has RushNet working with full speed to make these beverages available to wholesalers. The Company believes that their new sparkling and organic all-juice beverages stand alone in the dominant 12-oz. size, and have no counterparts. Izze's and Knudsen's sparkling 12oz juices are not organic. e-water(TM) made another big impression here and could be seen in people's hands all over the convention. It was definitely the water of choice at Expo East, and it has recently garnered new distributor approvals. Spanish-language labels fanned export commitments from Puerto Rico and Peru for Ginseng Rush, Ginseng Rush XXX(TM) and Rush Ginseng Cola(TM). English-speaking Jamaica, reflecting Caribbean partiality to ginseng, also committed. Orders from distributors in all three nations are expected soon. NACS Show Highlights RushNet was barraged with over 100 formal inquiries--from large distributors, convenience-store chains and independents--about the Company's product lines, especially, Organic Apple RUSH(TM) and Organic Apple RUSH with Rasberry(TM), e-water(TM) and the new 2-Pak of American Ginseng Capsules. "NACS was, without a doubt, our best show ever," said Robert Corr, President of RushNet, Inc. "There was enormous interest in our products; we are following up all inquiries now. In coming months, the Company expects to do a lot of business with convenience stores and gas stations." Sales Update By mid-October 2006, RushNet, Inc. had achieved sales equal to its entire 2005 revenues. Sales are running 20% ahead of last year's pace. Coming Tradeshows RushNet will exhibit at the 9th America's Food and Beverage Show in Miami on November 8-10. This show, consistent with RushNet's aggressive export strategy, brings together buyers and exhibitors from 28 countries, many from Latin America. RushNet will also exhibit at regional Natural Products tradeshows in Seattle and Orlando. These shows bookend the large Miami show and complete RushNet's 2006 tradeshow schedule. RushNet Inc. is licensed marketing agent for Rush Beverage Company whose products include all-natural soft drinks Ginseng Rush(R), Ginseng Rush XXX(TM), Rush Ginseng Cola(TM) and the Organic Apple RUSH(TM) line. RushNet, Inc. is brand owner of e-water(TM). Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements. SOURCE: RushNet, Inc. RushNet, Inc. Robert Corr, 708-389-6625 Copyright Business Wire 2006
Posts: 359 | From: Minneapolis, MN | Registered: Mar 2006
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Summus Works, Inc. Announces New Vice President of Sales and Marketing
DENVER, CO, Oct 18, 2006 (MARKET WIRE via COMTEX) -- Summus Works, Inc. (PINKSHEETS: SMMW) announced it has retained William Veve as Vice President of Sales and Marketing. Mr. Veve holds a degree in Economics from the University of Vermont. A successful business owner and experienced sales executive, his experiences have included the sales of businesses and assets, retail and wholesale management and media sponsorship placement. Most recently, Mr. Veve helped launch Astrablu Media in Los Angeles where he co-produced National Lampoon's "Cattle Call." "We are excited to add William's range of experience and enthusiasm to the management. His results-oriented attitude, entrepreneurial spirit and diverse experience are welcome additions to our team," said Summus Works President Dan Burgess.
Summus Works, Inc. (PINKSHEETS: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Cash Now (CHNW) Announces The Purchase And The Launch Of The Loan Consultant.Com Site PR Newswire - October 18, 2006 10:06
FORT LAUDERDALE, FL, Oct 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Cash Now Corporation (CHNW.PK) www.cashnow.com today announced the launch of it's www.loanconsultant.com site. The www.loanconsultant.com site is being marketed to business minded people and entrepreneurs in the mortgage and finance industry who wish to utilize the backoffice developed by the company. The Cash Next site or www.cashnext.com is geared towards the consumers applying for business loans, mortgages and general credit facilities. The Loan Consultant name says it all exclaims Mr. Garr Winter Cash Now's marketing director. It accurately describes what the product does and the services offered. The domain name because of it's name uniqueness receives a high volume of first time visitors already through search engines such as Yahoo and Google according to the company tracking stats. The company plans on running a national advertising campaign in the months of November and December 2006 for underwriters and loan processors who will have the freedom of working from home utilizing the back office technology of the Cash Next system. In addition the company plans on initially hiring several sales representatives and is expecting to begin generating revenue from the Cash Next and Loan Consultant sites and operations in the first quarter of 2007.
ABOUT CASH NOW
Cash Now Corporation (CHNW.PK), a pioneer in the Internet payday loan, and check cashing industry is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. For instance, the Cash Next Super Broker concept is taking North America by storm! Our team of highly qualified financial executives know what works, and what it takes to place your loan request! Cash Next is backed by a highly experienced team, delivering blue chip solutions for businesses, and consumers. The company's proven business model includes licensing to corporately operated joint venture locations across the U.S., Canada, Australia, and UK. Cash Now offers a Payday Loan License program, Payday Express; a Payday Loan and Check Cashing License known as Check Express and an Authorized Agent Program for existing retail establishments; as well as a host of related financial services for small and medium-size businesses that includes the Cash Next broker program. Cash Now with its web based and focused outlook has won the Golden Web award in 2001, 2002, 2003 and 2005. In 2005 Profit Guide magazine ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies. In 2005 Cash Now was ranked # 44 out of top 1000 fastest growing franchising companies by Entrepreneur guide.
SOURCE Cash Now Corporation
Kevin Price, Cash Now Corporation, Toll Free: (888) 224-9641, e-mail: cashnowcorp*cashnow.com, WWW: http://www.cashnow.com
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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Alcar Chemicals Group Announces Patent Filing The following is an announcement presented by Alexander P. Cavasin, CEO of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG), on the corporation's patenting progress.
ACMG has finalized and filed a first patent application for its proprietary technology of converting agricultural waste and non food-crop into plastic raw materials -- materials used in the fabrication of polyethylene, PET, polyester and polyurethane resins and more -- for a constantly growing plastics manufacturing industry which is already accusing worldwide supply shortages and increased costs related to petroleum.
"As you may or may not know, our strategy to protect our technology has been through provisional patents, which allowed us to keep several details secret while insuring our priority to file. This is now our first worldwide patent with applications filed in Canada, the USA, Europe, Asia and South America and will be followed by an additional two patents presently being finalized," said Dr. Cavasin.
"By moving beyond this important milestone ACMG reached a new phase in commercializing this innovative technology -- a phase that will allow us to become a lot more forthcoming on public disclosure, providing an essential tool for negotiating licensing agreements and enabling us to better communicate our ongoing progress," further added Dr. Cavasin.
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. It's proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
For additional information please contact Steven Sun at: steven*alcarchemicalsgroup.com
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. 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 and actual results may vary.
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.
Source: Market Wire (October 18, 2006 - 9:24 AM EST)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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First Guardian Financial Corporation Completes the Sale of its Interest in Land Contract First Guardian Financial Corporation (PINK SHEETS:FGFC), a Financial Holding Company specializing in short term high yield commercial real estate financing, leasing & business financing today announced that they have completed the sale of its interest in its land contract.
The Company received $1,139,000 for its interest in the contract, this one time wind fall will go directly to the company's bottom line, as we complete our audited financial statements.
"We are very pleased with this wind fall as it will bolster our Balance Sheet, the company is in the process of negotiating other similar type deals, where we tie up desirable real estate and then sell (flip) our interest in the contract as this is highly profitable with the right deals," said Abraham Rosenman President.
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain 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 involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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- TrendSetter Solar Products Concentrates on Marketing Efforts to Expand Sales and Increase Revenues
Wednesday, October 18, 2006 10:00 ET
FAIRHAVEN, CA -- (MARKET WIRE) -- 10/18/06 -- TrendSetter Solar Products, Inc. (PINKSHEETS: TSSP) today announced that it is increasing its efforts to focus on marketing and sales. Particular industries are being targeted and sales efforts concentrated on those targets.
Dirk Atkinson, CEO of TrendSetter, said, "Management has begun delivering preliminary quotes to large residential and commercial developers and the hospitality industry. We're following-up on several hundred commercial and residential leads resulting from recent trade show presentations of our solar water collection and storage products to architects, engineers, developers and the public. The commercial customers include large developers and several hotels chains."
Atkinson went on to say, "Preliminary proposals are being delivered upon the request by the key company representatives enabling early negotiations to begin. In keeping with Trendsetter's marketing plan large home developers are a key market. Additionally, the hospitality industry is showing a desire to cut their energy costs. It is in Trendsetter marketing vision to install their products in whole residential developments and multiple hotels within the next year. We have over $7 million in customer quotes currently outstanding, the highest ever by the Company."
About TrendSetter Solar Products
TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter's products are one of the answers. Additional information can be seen at the Company's website www.trendsetterindustries.com.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical fact may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from the projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
-------------------------------------------------------------------------------- For more information contact: Dirk Atkinson TrendSetter CEO Email: dirkatkinson*comcast.net
Jim Holmes CCMCo Email: jholmes777*aol.com
Source: Trendsetter Solar Products, Inc.---------------------------------------------------------------------------- ----
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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- PayPro, Inc. Signs Joint Venture Agreement with Trinitum Group Oct 18, 2006 11:08:00 AM Copyright Business Wire 2006 DALLAS--(BUSINESS WIRE)--
PayPro, Inc. (Pink Sheets:PYPR) is pleased to announce the signing of a Joint Venture Agreement with the Trinitum Group.
The Trinitum Group is a company with insurance companies insuring infrastructure projects in Latin America. They are also working with Hill International (www.hillintl.com) and PayPro, Inc. on the Panama Canal expansion Project bids. This agreement will have a major impact in the Latin American region and the world.
Mike Terrell, PayPro, Inc CEO, stated, "The joint venture agreement creates a long-term alliance on major projects in the region. Trinitum recently signed an agreement to provide all the insurance, for the next 50 years, for the major toll road that crosses Mexico City. Included in the agreement is a 50 year revenue sharing clause, worth over $150,000,000 over the life of the contract to PayPro, Inc. The group will provide more than 51 types of insurance to the project. PayPro also gives the Trinitum Group the ability to bid on the employee payroll, toll tags, readers, and a state-of-the-art RFID debit card toll payment system also a 50 year contract which alone would increase PayPro revenues $35,000,000 to $70,000,000 a year. This joint venture represents a major opportunity for PayPro to solidify its long-term financial growth and adds another major revenue stream."
About PayPro Incorporated:
PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements
Source: PayPro, Inc.
---------------------------------------------- PayPro Incorporated Mike Terrell 214-774-4870
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
PYPR - .0024 PayPro, Inc. Signs Joint Venture Agreement with Trinitum Group Business Wire - October 18, 2006 11:08
DALLAS, Oct 18, 2006 (BUSINESS WIRE) -- PayPro, Inc. (Pink Sheets:PYPR) is pleased to announce the signing of a Joint Venture Agreement with the Trinitum Group.
The Trinitum Group is a company with insurance companies insuring infrastructure projects in Latin America. They are also working with Hill International (www.hillintl.com) and PayPro, Inc. on the Panama Canal expansion Project bids. This agreement will have a major impact in the Latin American region and the world.
Mike Terrell, PayPro, Inc CEO, stated, "The joint venture agreement creates a long-term alliance on major projects in the region. Trinitum recently signed an agreement to provide all the insurance, for the next 50 years, for the major toll road that crosses Mexico City. Included in the agreement is a 50 year revenue sharing clause, worth over $150,000,000 over the life of the contract to PayPro, Inc. The group will provide more than 51 types of insurance to the project. PayPro also gives the Trinitum Group the ability to bid on the employee payroll, toll tags, readers, and a state-of-the-art RFID debit card toll payment system also a 50 year contract which alone would increase PayPro revenues $35,000,000 to $70,000,000 a year. This joint venture represents a major opportunity for PayPro to solidify its long-term financial growth and adds another major revenue stream."
About PayPro Incorporated:
PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements
SOURCE: PayPro, Inc.
PayPro Incorporated Mike Terrell, 214-774-4870
Copyright Business Wire 2006
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
SMMW .0001 Summus Works: N'East Magazine Announces Fall Issue
Wednesday, October 18, 2006 12:35 ET
Portland, ME., Oct 18, 2006 (M2 PRESSWIRE via COMTEX) -- Summus Works, Inc. (Pink Sheets: SMMW) announced that the Fall issue of N'East Magazine is ready for release and will soon hit newsstands where the issue will be available until late December. The issue marks the magazine's second issue in its second year of production. "Going strong into our second year is due to the hard work of everyone here, the patience and talent of our editorial contributors, and the support of our sponsors and readers," said N'East Publisher Jim McGinley.
This issue boasts a comprehensive 13 surfboard review of "fish" designs with a look into longboarding in NYC, "Threads," a fashion review - N'East style, and as with every fall issue, the annual Ski & Ride Review - a preview into the upcoming season's array of winter gear.
The magazine's tour season will also be extensive, including representation at Matchstick Productions (www.mspfilms.com) East Coast tour stops as the Northeast Media Sponsor of their film "Push."
ABOUT N'EAST MAG
N'East Magazine can be found at Barnes & Noble, B. Dalton, Borders, REI, Shaw's, Universal News, Eastern Mountain Sports, Big Y, Brooks Pharmacy, CVS, Hannaford Brothers, King Kullen, Stop & Shop, Tower Records, Victory Markets, and independent newsstands and retailers throughout the Northeast.
For more information on N'East Magazine including online subscriptions, articles, and retail locations, go to neastmag.com.
Summus Works, Inc. (Pink Sheets: SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: Summus Works, Inc.
CONTACT: Stuart T. Smith, SmallCapVoice.com (investor relations contact) Tel: +1 512 267 2430 e-mail: Info*Smallcapvoice.com Dan Burgess, Summus Works, Inc. Tel: +1 888 607 9495 e-mail: summus*summusworks.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
(C)1994-2006 M2 COMMUNICATIONS LTD
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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U.S. Ex-Im Bank has Approved Comprehensive Guarantee to Support $9.38 Million Loan from UPS Capital to Xechem Pharmaceuticals Nigeria Wednesday October 18, 12:46 pm ET
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Xechem International, Inc. (OTC BB: XKEM - News) announced today that the United States Export Import (Ex-Im) Bank, the official credit export agency of the United States, has approved a Comprehensive Credit Guarantee to support a $9.38 million loan from UPS Capital Business Credit to Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria). Two Nigerian banks, Access Bank Plc. and Diamond Bank, Plc., are to provide the required Nigerian local bank guarantees in favor of Ex-Im Bank.
Funds Earmarked for Establishment of State-of-the-Art Pharmaceutical Facility in Sheda Science Village, Sheda, FCT, Abuja, Nigeria
The funds to be provided by UPS Capital under the Ex-Im guaranteed loan will be used to purchase the U.S. manufactured plant equipment and machinery needed by Xechem Nigeria to establish a state-of-the-art pharmaceutical facility. The first phase of construction of the new facility began in July of this year. The total cost of the project is estimated at $12.45 million, of which $9.38 million will come from the U.S. loan. The expanded pharmaceutical facility, once completed, will enable Xechem Nigeria to produce commercial scale quantities of NICOSAN(TM), Xechem's breakthrough medicine for the prophylactic management of Sickle Cell Disease (SCD).
Xechem Nigeria received regulatory approval for the manufacture, sales and marketing of NICOSAN(TM) from Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) on July 3rd, 2006, and officially launched the drug just a few days later at a ceremony presided over by His Excellency, General Olusegun Obasanjo, the President of Nigeria. The drug is currently being produced by Xechem Nigeria in limited quantities at its pilot-scale facility in Abuja.
Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "We are very pleased that this most anticipated guarantee from the U.S. Ex-Im Bank has now been approved and that we can now accelerate pursuit of our dream of building what we believe will be one of the finest state-of-the-art cGMP standard pharmaceutical facilities in Nigeria. Even more importantly, the Ex-Im guaranteed loan will help insure that we can produce commercial scale quantities of NICOSAN(TM) to meet the needs of the millions of people afflicted with this terrible disease. We are very grateful to Ex-Im Bank, UPS Business Credit, Access Bank and Diamond Bank, as well as our financial consultants, Financialbridge, Inc., for their support for this important project and for helping us make the dream a reality."
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn can cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, with an estimated 10 - 12 million sufferers throughout the African continent. Worldwide, at least 16 million individuals are believed to be afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its primary focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
Contact: Xechem International, Inc Stephen Burg, Director, 707-425-8855
-------------------------------------------------------------------------------- Source: Xechem International, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ATWEC Technologies CEO Alex Wiley in a Letter to Shareholders MEMPHIS, TN -- (MARKET WIRE) -- October 18, 2006 -- ATWEC Technologies, Inc. (PINKSHEETS: ATWT) CEO Alex Wiley recently issued a letter to the company's shareholders as part of the company's ongoing efforts to maintain open lines of communication with its investors. The letter discussed some of the recent and ongoing achievements of the company, as well as some of the company's future directions. The contents of the letter were as follows:
Dear Shareholders:
As a result of conversations and correspondence with a number of you, it has come to my attention that there is a great deal of erroneous information about ATWEC's marketing intentions circulating through the rumor mill. I have always made it one of my utmost priorities to maintain open lines of communication with shareholders and potential shareholders. In addition, as a company we have always worked very hard to ensure that we provide relevant, accurate information to the public. To that end, we have released this shareholder letter in order to present you, the co-owners of this company, with the facts as they currently stand.
ATWEC has continued to make substantial progress as we move forward with our efforts to realize our goals and fulfill our business plan. Some of our recent accomplishments and milestones are as follows:
1. I am pleased to announce that ATWEC is in negotiations with a national insurance provider. The provider's clients will receive discounted coverage on vehicles fitted with a Kiddie Systems product. At the current phase of negotiations, I am not at liberty to reveal the company until details of the agreement and discount are disseminated to its agents. When all of the provider's offices have been fully informed, a more complete announcement will be made.
2. ATWEC remains in negotiations with a national tire company to sell and install the Kiddie Systems products through its 1,900 outlets. We are still pursuing this opportunity, and remain confident in the viability and potential of the potential tandem. Any reports to the contrary are erroneous.
3. ATWEC has acquired three new master distributors. Two are located in Arkansas and one in Minnesota. Specific information regarding our new distributors has been added to the company website at: www.atwec.com.
4. The company is proceeding with its audit of financial statements from 2002-2006 in two phases. ATWEC's local accountants will complete the audit by the end of October, which will then be reviewed by Rotenberg and Company of Rochester, N.Y. After review, ATWEC will file its application with the OTC QX and will not release audited financials until that time. However, release of unaudited financial statements for 2006 and projections for fiscal 2007, based on sales in this first quarter and contracts recently signed, will be released next week.
We are embarking upon our best year since inception. With continued, large-scale growth in an industry that promises to continue to be of the utmost importance, it is safe to say that fiscal 2007 will be just the beginning of a long and fruitful path to success. Your confidence, support and patience have always been greatly appreciated as I put every effort into making our company the number one provider of child safety solutions.
Sincerely,
Alex T. Wiley
For more information on ATWEC Technologies, visit the company's web site: www.atwec.com.
NOTE: Certain statements made in this press release are forward looking statements within the scope of the Private Securities Act of 1995. Such statements involve known and unknown risks. Uncertainties and other mitigating factors may influence desired outcomes. Such risks, uncertainties and/or other mitigating factors include but are not limited to new economic conditions, risks associated in product development, market acceptance of new products and continuing product demand, level of competition and other factors both known and unknown as described within this Company's reports and other filings with appropriate regulatory agencies.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Skeleton Key Entertainment Signs Distribution Deal With EMI's Caroline / Imperial Distribution
Wednesday, October 18 2006 2:49 PM, EST
NEW YORK , Oct. 18 /PRNewswire-FirstCall/ -- Skeleton Key Entertainment , the mainstream entertainment division of Mega Media Group, Inc. (www.megamediagroup.com) ( EduLink, Inc. (OTC Bulletin Board: MYIQ)) announced today that it has executed a distribution agreement with EMI's Caroline Distribution (www.carolinedist.com), one of the largest independent distribution companies in the country. The company will handle North American distribution for Skeleton Key's recorded music and video releases, such as forthcoming albums from R&B star Case and Memphis -based rap group Rap Hustlaz, among others. Commenting on the agreement, David Kokakis, President of Skeleton Key, stated, "The new management at Caroline/Imperial is extremely forward thinking and is in the process of building a stronger infrastructure that will enable us to have a meaningful presence on-line, in traditional retail outlets and in alternative venues. Moreover, the deal we struck offers Skeleton Key a degree of flexibility that is uncommon in the industry these days and the enhanced marketing and promotion services offered by Imperial/EMI will ensure that we have ample support for our releases." "We are confident in the executive team at Skeleton Key and their unique vision of how to do business in a rapidly changing industry," said Neil Levine, Senior VP/GM of Imperial/EMI. "They will be an interesting source of new product for us because, in addition to mainstream recorded music, they are developing alternative properties such as direct-to-video films, documentaries, instructional DVDs and audio books." To learn more about Skeleton Key Entertainment and Caroline/Imperial Distribution, please contact Neil Steinberg at nsteinberg*5wpr.com or via phone at 212.584.4306. ABOUT EDULINK, INC. / MEGA MEDIA GROUP / SKELETON KEY ENTERTAINMENT EduLink operates its business through its wholly-owned subsidiary, Mega Media Group, Inc. , which is a multi-media holding company operating its business through its subsidiaries, Mega Media Studios, Inc. , Mega Media Records, Inc. d/b/a Skeleton Key Entertainment , Mega Media Film, Inc. , Mega Media Sports Entertainment, Inc. and Echo Broadcasting Group, Inc. Mega Media Group focuses its business in mainstream entertainment and media and Russian ethnic media. These subsidiaries offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production and distribution, radio broadcasting and Russian ethnic programming. Contact: Alyssa Miller - PR 5W Public Relations 212.584.4290 amiller*5wpr.com
Neil Steinberg - PR 5W Public Relations 212.584.4306 nsteinberg*5wpr.com
Mark Cohen - IR 5W Public Relations 212.584.4292 mcohen*5wpr.com
SOURCE EduLink, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Universal Express Comments on Inaccurate OTCBB Filing Error
Wednesday, October 18 2006 2:59 PM, EST Universal Express Inc. (OTCBB: USXP), was informed today on an OTCBB website that an "E" suffix was threatened to be applied to Universal Express' ticker symbol due to the Company's prior accountant not filing a letter to announce his retirement and compliance with the accountants who took over his existing clients. "All of Universal Express' records and filings are up to date and current, and our attorneys and accountants will resolve this unnecessary bureaucratic inconvenience which was not due to any wrong by the Company," said Richard Altomare, Chairman and CEO of Universal Express, Inc. "Our logistical issue was finding the retired accountant in hours to get his signature. Our reasonable request would have been that we received more than a 24 hour notice to solve this unimportant and inconsequential issue, and that a company is timely informed through authoritative sources, not from websites." We have today issued the appropriate 8-k filing with the SEC and OTCBB. "An 'E' often indicates late or critical lapses in reporting. This is our first blush with a missing signature! It will be resolved. If we had been afforded the reasonable time courtesy of a letter instead of a 24 hour threat, this unfortunate and annoying situation would never have occurred. It will be resolved, and we will conduct and request an investigation on how such 24 hour 'E' posting can be so casually implemented without due process and professional courtesy for a company that has filed impeccably for 12 years," concluded Richard Altomare. About Universal Express Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission Source: Universal Express Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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