Cash Now (CHNW) Exploring Acquisition Viability Of A 3rd party payment processor's assets. FORT LAUDERDALE, FL, Oct. 20 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) late this afternoon, after the markets closed, announced that it is exploring the viability and sustainability of acquiring a 3rd party payment processor (Processor) assets. In its current format the aforementioned processor is under development with approximately 6 to 7 million dollars in invested and unfinished development costs. This processor is designed to work similar to ibill or other on line processors that process on line credit card settlements for consumer purchases. Cash Now is exploring the feasibility of utilizing the processor in a 2 step format.
In the first format Cash Now is exploring is the possibility of implementing the processors good code into its portion of the Trust Vault www.trustvault.com and to change this processor model to become a switch for various transactions. Cash Now is exploring the feasibility of completing the development of the all IP network with no legacy technology that would cater mostly to internet merchants. This format would cater to payday advance customers offering the Cash Now off shore debit card, ATM transactions, and on line transactions exclusively.
In the second format Cash Now is exploring the possibility of using the technology of the processor to imbed it, into the Trust Vault to offer a pay advance service to the on line casino industry patrons, through it's off shore Cash Now services. Although the new bill, signed on October 14, 2006 by US President George Bush, which amongst other things bans Internet gambling; namely the act prohibits Americans from using electronic funds transfers, credit cards, and checks in placing bets with gambling sites worldwide; the bill makes no mention of utilizing loans, or securing credit.
It was not clear how the law would affect a long-running dispute between the United States and the World Trade Organization over US ban on online gambling.
US gamblers make up about one-third of the world's online betters wagering over $637 billion in 2003 alone. Estimates put the value of the American online gaming market around $12 billion in 2005. Worldwide Internet gambling revenue in 2003 was estimated at $5.7 billion on about 1,800 websites, and was projected to triple by 2009, according to the American Gaming Association.
A company spokesman said 'As so far as technical issues are concerned we have the capability, and the know how to put this together, we will have to now focus on the logistics of perhaps factoring the casino's receivables, and the legal matters to make this happen'.
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 this 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
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NexiaSoft, Inc. Is on Target to Close Its Acquisition of Cytak, Inc. by the End of October Cytak Acquisition Allows NexiaSoft the Ability to Combine Essential Products for Small- and Medium-Sized Businesses SAN FRANCISCO, CA -- (MARKET WIRE) -- October 20, 2006 -- NexiaSoft, Inc. (PINKSHEETS: NXSF), a holding company which invests in convergent e-commerce technology companies, announced today that it is on target to close its acquisition of Cytak, Inc., a U.S. software company specializing in the integration of tax rate data into enterprise order management systems, by the end of October.
The Cytak acquisition will allow NexiaSoft to combine Cytak's tax features with the OrderSuite software to provide the small- and medium-sized business a more complete order management solution. OrderSuite is instrumental in helping catalog, mail and direct marketers succeed through its powerful OrderSuite software and range of customization services. Cytak will allow customers to integrate tax rate data with the OrderSuite product.
Cytak also provides the capability to integrate tax-rate services into other enterprise applications on the market.
In discussing the targeted closing of the acquisition of Cytak, Kevin Owens, CEO of NexiaSoft, Inc., stated, "Our acquisition team has done a great job of lining up acquisitions that provide additional solutions to the small- and medium-sized businesses. NexiaSoft is committed to not only driving performance through internal revenue growth; we will be actively identifying synergistic companies like Cytak and stimulating growth and shareholder value through their acquisition and integration."
About Cytak
Cytak is a managed service that provides automatic distribution of sales and use tax rates with verification tools to analyze tax payments. It is built, maintained and operated in a secure environment and provides tax integration services for standard ERP and accounting packages.
In the regulatory and compliance environments of today, Cytak provides customers confidence in knowing that their tax rates are always up-to-date and eliminates the labor traditionally required to keep these systems maintained.
For more information about Cytak, visit www.cytak.com
About NexiaSoft:
NexiaSoft, recently commenced trading on the Over-The-Counter Pink Sheets market under the symbol: NXSF and is a holding company that invests in convergent e-commerce technology companies. Companies with disruptive technology in the area of wireless, open-source, and security are particularly of interest. Through targeted investments in such companies, NexiaSoft will continue to provide a compounding effect to the overall value of their portfolio.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
Contact: Brigand Balleau Vice President Marketing bballeau*Nexiasoft.com
SOURCE: NexiaSoft, Inc.
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WHITE PLAINS, N.Y., Oct 20, 2006 (BUSINESS WIRE) -- eLEC Communications Corp. (OTCBB:ELEC), a wholesale and retail communications provider that offers standard wireline and VoIP telephone services, announced results for the third quarter ended August 31, 2006.
eLEC reported a net loss for the quarter of ($437,513), or ($0.03) per share, compared to a net loss of ($257,140), or ($0.02) per share, for the same quarter last year. As planned, revenue for the three-month period ended August 31, 2006 decreased 53% to $1,949,040 as the company shifted its strategic focus and resources away from its traditional wireline phone business (CLEC) and towards the successful roll-out of its award winning VoIP offering.
eLEC's CEO, Paul Riss, noted, "We continue to aggressively partner with companies who are looking for a VoIP solution. We recently completed eight weeks of extensive testing with the communications provider for one of the largest restaurant chains in the US, which is now taking our VoIP service for a live beta test in several of its stores with the intention of replacing its existing wireline telephone service in thousands of its locations. We have also received our first purchase order from a major electronics retailer that plans to sell our product alongside the Vonage product it is currently selling. We have visited the stores and trained its sales associates and are looking for a product launch in early November."
Riss continued, "We are very proud that our product will now be one of the few VoIP offerings on a retail shelf, and we are confident our VoIP wholesale strategy, which leverages the sales and marketing resources, capital and built-in customer base of our wholesale partners, provides an attractive long-term strategy to efficiently scale a high- margin, profitable business. We now have more than 40 wholesale customers signed up for our VoIP offering, and are encouraged that in the last two months 27 additional service providers and cable carriers have approached us for a VoIP solution and are currently testing our product."
Complete details of eLEC's results of operations can be found in the company's Quarterly Report on Form 10-Q for the quarterly period ended August 31, 2006, which has been filed with the Securities and Exchange Commission.
About eLEC Communications
eLEC Communications Corp., headquartered in White Plains, NY, is a communication services holding company that is taking advantage of the convergence of the technological and regulatory developments in the Internet and telecommunications markets. eLEC's wholly-owned subsidiaries provide an integrated suite of communications services to business and residential customers, including local, long distance, dedicated access and VoIP. For more information, visit www.elec.net.
This release contains forward-looking statements that involve risks and uncertainties. eLEC's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in eLEC's Annual Report on Form 10-K for the year ended November 30, 2005 and any subsequent SEC filings.
SOURCE: eLEC Communications Corp.
eLEC Communications Corp. Kim Martinm, 813-217-9777 kmartin*voxcorp.net or Institutional Marketing Services, Inc. John Nesbett, 212-668-0813 jnesbett*institutionalms.com
Copyright Business Wire 2006
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PayChest Announces 30 Day Action Plan Oct 20, 2006 6:31:00 PM SANTA MONICA, CA -- (MARKET WIRE) -- 10/20/06 -- PayChest Inc. (PINKSHEETS: PYCT) today announced a 30 day action plan, relating to PayChest's operations, under the restructuring guidelines of CEO Lawson Pillay.
The initial strategy calls for immediate changes in staffing and technology. All existing PayChest relationships with directors, employees and contractors have been terminated. PayChest now has direct access to staff and technology through Genfin and its strategic partners. These resources will provide PayChest with intellectual property, financial processing software and connectivity to currently operational financial gateways.
PayChest will also appoint an independent stock transfer agent, a new SEC attorney and move all operations into new premises in southern California.
"This 30 day restructuring action plan reiterates my allegiance to shareholders by laying a solid foundation for the future. My commitment is not to focus on stock price volatility, but to introduce tangible change. Also, expectations of future news will be limited to quantifiable actions taken. In my recent radio address on http://www.zshare.net/audio/pyct-mp3.html, I have covered many of these aspects," said Mr. Pillay.
Safe Harbor Statement
The foregoing press release contains forward-looking statements. For this purpose any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "estimate," "continue," or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending on a variety of factors.
CONTACT: Investor Relations info*paychest.com
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Xechem Announces ``Notice of Allowance'' for a Patent Relating to a Method of Treating Sickle Cell Disease With 5-HMF Compound Licensed from VCU Business Wire - October 23, 2006 7:00 AM (EDT)
NEW BRUNSWICK, N.J., Oct 23, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (OTC BB: XKEM) announced today the United States Patent and Trademark Office has issued to Virginia Commonwealth University (VCU) a notice of patent allowance relating to a method of treating Sickle Cell Disease (SCD) with a unique 5-membered heterocyclic anti-sickling agent known as 5-HMF. A notice of allowance is a written notification that a patent application has cleared an internal review and is nearing issuance.
The exclusive, worldwide rights for the production, sales and marketing of 5-HMF for use in the battle against SCD belong to Xechem as part of a collaborative licensing agreement with VCU. In May 2006, Xechem was successful in obtaining Orphan Drug designation from the US Food and Drug Administration (FDA) for use of 5-HMF by patients afflicted with SCD.
Xechem also announced recently that it has received a SBIR grant in the amount of $473,181 from the National Institutes of Health, National Heart, Lung and Blood Institute (NIH-NHLBI) to carry out the toxicity studies on 5-HMF.
5-HMF is a Pure Compound
Research led by Donald Abraham, Ph.D., professor of medicinal chemistry, VCU School of Pharmacy, has shown that 5-HMF, a pure compound with very little, if any, toxicity, has a high affinity for sickle cell hemoglobin and may be effective in the treatment of SCD. "Our findings suggest that this anti-sickling agent may lead to new drug treatments and may one day help those suffering with SCD. This molecule, 5-HMF, is the most promising molecule to treat sickle cell anemia to come from our research group in more than 30 years," Abraham said.
With the addition of 5-HMF, Xechem has now been able to expand its potent arsenal for treating Sickle Cell Disease beyond its Natural Herbal Drug, NICOSAN(TM), which was approved on July 3rd, 2006, by Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) and is currently being sold in Nigeria on a limited basis.
According to Xechem's Chairman and CEO, Dr. Ramesh C. Pandey, "With all of the excitement over the recent commercial launch in Nigeria of NICOSAN(TM), our all Natural Herbal Drug, there has been less attention focused on our other SCD product, 5-HMF, which also represents an extremely promising potential treatment for patients suffering with this terrible disease. As a pure compound, 5-HMF is the perfect complement to our herbal product and together with NICOSAN(TM) places us in a unique position of providing much needed efficacious treatment for this painful and debilitating condition. As the exclusive licensee for this product, we are very pleased to have the protections that a patent allowance affords to VCU and to us."
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 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.
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.
SOURCE: Xechem International, Inc.
Xechem International, Inc. Stephen Burg, Director, 707-425-8855
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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TelePlus' Re-Branding to TelePlus World, Corp. Sets the Tone for the Company's Direction Market Wire - October 23, 2006 6:38 AM (EDT)
MIAMI, FL -- (MARKET WIRE) -- Oct 23, 2006 -- TelePlus World, Corp. (OTCBB: TLPE) (Frankfurt: YT3) (www.teleplusworld.com) ("TelePlus" or the "Company") is pleased to announce that it has completed its re-branding and name change from TelePlus Enterprises, Inc. to TelePlus World, Corp. effective today. In addition to its corporate name change TelePlus also proceeded in re-branding its MVNO division from TelePlus Wireless, Corp. to Liberty Wireless, Corp.
Simultaneously to these name changes TelePlus also moved its head office from Montreal, Canada to Miami, Florida. TelePlus' head office is now located at 6101 Blue Lagoon Drive, Suite 450, Miami, FL, 33126.
TelePlus' subsidiaries now include Liberty Wireless, Corp. -- a prepaid MVNO with a well established brand name in the marketplace that developed a niche with unbanked users, Maximo Impact, Corp. -- a pay-as-you-go MVNO focused on the retail and c-level market and Telizon, Inc., a Canadian Telecom provider that developed a niche among municipal governments and school boards.
"The re-branding of our corporate name allows us to put in focus our operational objectives which are to deliver wireless and telecom services to market niches in select markets in the United States, Canada and abroad. The re-branding of our MVNO division made sense in view of our acquisition of Liberty Wireless last January," commented TelePlus' CEO, Marius Silvasan. "Moving our head office to Miami, FL is the culmination of steps undertaken a few months ago to get closer to our core market and our shareholders. This will also result in savings in the long run as both our head office and MVNO division are now located in the same offices. Much was done in the last 12 months to position TelePlus in the market. We now have all pieces of our business plan in play," added Silvasan.
TelePlus' CEO will be interviewed by Market News First on October 25 at 11:00 am ET and will discuss, among several items, the re-branding. The interview can be accessed live or at a later time at: http://www.***.com
TelePlus World, Corp. ("TelePlus") is a diversified North American telecommunications company with offices in Miami, Florida; Cleveland, Ohio; Montreal, Quebec; and Barrie, Ontario. TelePlus was founded in 1999 and it has since become a leading provider of wireless and telecommunications products and services across the U.S.A. and Canada. In October 2003, TelePlus became a publicly traded Company on the OTCBB under the symbol TLPE and since then it has continued to grow organically and through strategic acquisitions. The company's wholly owned subsidiaries include Liberty Wireless, Corp. which operates a prepaid MVNO (Mobile Virtual Network Operator) under the Liberty Wireless brand; Maximo Impact, Corp. which operates a pay-as-you-go MVNO under the MX Mobile brand and Telizon, Inc. which resells landline, long distance and internet services under the Telizon, Freedom and Liberty brands. The company's websites include www.libertywireless.com,www.vivaliberty.com,www.maximoimpact.com and www.telizon.biz among others.
Liberty Wireless, Corp. operates a MVNO (Mobile Virtual Network Operator) in the US under the popular Liberty Wireless brand. Under TelePlus' arrangement with Sprint®, Liberty Wireless customers have access to service anywhere on the Nationwide Sprint PCS Network, reaching more than 250 million people. Mainly servicing unbanked consumers -- estimated to represent between 10% to 20% of the US population -- TelePlus resells prepaid wireless service to distributors and consumers out of its 65,000 points of distribution network. Analysts expect prepaid wireless to represent a $32 billion industry by 2008. The company is based in Miami, Florida.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus World, Corp. takes no obligation to update or correct forward-looking statements.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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First Pet Life Plans Pet Product Additions to E-Commerce Site Market Wire - October 23, 2006 6:08 AM (EDT)
DALLAS, TX -- (MARKET WIRE) -- Oct 23, 2006 -- First Pet Life, Inc. (PINKSHEETS: FPLF) today announced the company is finalizing negotiations to commence offering a vast array of pet products through the First Pet Life E-commerce Web Site. First Pet Life is partnering with several different pet product companies to offer a unique line of pet products that can be purchased at discount rates.
Plans to implement the various pet products will be executed by way of product category launch phases. Phase 1 product launch will include the launch of discount pet toys, discount pet clothing and discount pet food. All products offered through the First Pet Life E-commerce Web site will be provided by companies that specialize in manufacturing and shipping of each product to ensure quality and timely delivery of each and every product ordered. Distinctively designed Product Ordering Software (POS) is being developed by these companies in conjunction with First Fist Pet Life to track each product ordered. This data will assist to collect data that will allow the First Pet Life to distinguish which products are most popular with pet owners. Future plans include using this data to assemble First Pet Life branded product acquired directly from manufacturers which will allow the company to offer even bigger discounts on those products.
About First Pet Life, Inc.
First Pet Life is a pet industry marketing company that is positioning itself to offer many services, including pet health insurance, pet supplies, along with boarding and grooming services nationwide. First Pet Life has the backing of a pet insurance industry leader as well as the backing of pet product manufactures, which will lend in strengthening its market position. The comprehensive products and services offered are broad yet inexpensive for the typical pet owner. Additional information is available at www.firstpetlife.com.
Disclaimer
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.
Contact: First Pet Life, Inc. Investor Relations 214-202-8580 www.firstpetlife.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Pure H2O Enters Transportation and Power Generation Sector through Non-exclusive Distribution and Marketing Agreement Business Wire - October 23, 2006 6:00 AM (EDT)
Agreement Anticipated to Provide Accelerated Revenue Growth
RENO, Nev., Oct 23, 2006 (BUSINESS WIRE) -- Pure H2O, Inc. (PINKSHEETS: PURH), a provider of novel water and wastewater treatment systems, is pleased to announce it has signed a Non-exclusive Distribution and Marketing Agreement with HyTec Fuel Systems Inc. (HyTec) for the marketing and distribution of its water technologies to the transportation and power generation sectors.
Mr. Harvey Panesar, Corporate Secretary of Pure commented, "We were initially a little surprised by Hytec's inquiry and eventual desire to apply our technology to the transportation sector. HyTec has been marketing and developing clean water for use in vehicles for many years now and they are incredulous at the water purity we are able to achieve in a very cost effective system solution. Municipal and industrial water sources currently available to HyTec are not nearly as pure as that produced by our system and as a result the longevity of the equipment in which it is used is greatly decreased." Mr. Panesar further stated, "HyTec is excited about the use of our particular water in their line of transportation equipment which includes hydrogen generators and hydrogen generation systems. Pure water is the key component in the generation of hydrogen via electrolysis, and purer water enables any unit using water to be more durable and reduce overall operating costs."
The hydrogen generator and hydrogen power generation sectors are potentially some of the largest growth sectors as we move towards a hydrogen economy for transportation and power generation.
For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.PureH2Oinc.net.
About PureH2O, Inc.:
Pure H2O, Inc, (PINKSHEETS: PURH) is a US corporation which provides end-to-end consultation, design, implementation, and sales of technical solutions for clients with problem water. Pure H2O provides a full-service program that includes comprehensive application development, integrated storage and dosing equipment, chemical inventory supply and management as well as ongoing field and technical operations support. The Companies objective is to provide every client with cost effective and value added full-service solutions to meet their water quality control needs.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
SOURCE: Pure H2O, Inc.
Taylor Capitol, Inc. Stephen Taylor, 973-351-3868 STEPHTAYL9*AOL.COM www.IPOmovers.com
Copyright Business Wire 2006
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ReelTime to Offer 26 Feature Films From the Fries Film Group Library
SEATTLE, WA -- (MARKET WIRE) -- October 23, 2006 -- ReelTime Rentals (PINKSHEETS: RLTR), the first "Point, Click, and Watch" DVD quality broadband video rental network, announced that they have entered into an agreement with Fries Film Group, a Los Angeles-based production and distribution company, to offer 26 feature film titles from Fries' library on ReelTime's video rental service (www.reeltime.com), according to Beverly Zaslow, Senior Vice President of Acquisitions and Business Development for the Seattle-based ReelTime Rentals, Inc.
"The Fries Film Group has a library of exciting action/adventure, family, horror, and animated features that will appeal to each of the demographics that we are targeting. The films are recently released, well produced, and they all feature actors with worldwide recognition in leading roles," added Zaslow.
Among the 26 features that will appear on the ReelTime site are: "The Call of the Wild," starring Rutger Hauer, "For Hire," starring Rob Lowe and Joe Mantegna, "LAPD - To Protect and Serve," starring Dennis Hopper and Charles Durning, and "The Covenant Brotherhood of Evil," starring Edward Furlong, Michael Madsen and Chandra West.
Highlighted Links ReelTime
About ReelTime Rentals, Inc.
ReelTime Rentals' mission is to deliver diverse programming, for rental or by subscription, over its online broadband network, enabling viewers to watch whatever they choose, anytime and anywhere they want to see it -- all they need is a broadband connection. ReelTime offers the only DVD quality "Point, Click, and Watch" user experience available on the World Wide Web. ReelTime is providing the latest generation of online viewing technology, designed with the built in capacity to scale for unlimited growth. For more information, go to www.reeltime.com
About Fries Film Group, Inc.
Fries Film Group, Inc. is a full service production and distribution company founded by Charles Fries in 1984. Fries Film Group is helmed by Charles Fries who serves as both president and COO. Fries Film Group has a well-balanced library of films representing every popular genre and they are continuing to add to it with content either produced in-house or acquired.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange 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 the safe harbors created thereby. Investors are cautioned that forward-looking statements involve risks and uncertainties. Although ReelTime Rentals, Inc. believes the assumptions underlying forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there is no assurance that forward-looking statements included herein will prove to be accurate, and inclusion herein should not be regarded as a representation by ReelTime Rentals, Inc. or other persons that objectives and plans of ReelTime Rentals will be achieved.
Press Inquiries: Richard Lewis (818) 973-2754
Investor Inquiries: Michael Gersh (206) 219-6889
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WorldWater & Power Corp. Granted New U.S. Patent For 'Maximum Power Point Speed Control'
PENNINGTON, N.J., Oct. 23, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced that the U.S. Patent and Trademark Office has granted the company's patent application for "Maximum Power Point Speed Control." The new invention relates to the operation of AC Motors and Motor Drives that convert power from a DC source (such as sun power) to AC, and operates the motor at maximum power as the power from the DC source varies.
In making the announcement, Chairman Quentin T. Kelly commented, "This new technology is a continuation of WorldWater's pioneering advances in solar energy. Congratulations to Tom McNulty, our Director of Engineering, and Juan Horta, Electrical Design Engineer, the primary inventors."
The WorldWater & Power development replaces hardware with software, enabling the motor to change speeds in order to operate optimally with the available power from the sun. It operates in conjunction with the company's other proprietary technologies that drive electric motors up to 600 horsepower on solar power alone.
About WorldWater & Power Corp.:
WorldWater & Power Corp. is a leader in solar electric engineering, water management solutions, solar energy installations and products. Its solar technology is at work in over 20 countries around the world. In the U.S., it provides solar electricity, motor drives and water pumping and purification technology to agribusiness, water utilities, industry, schools, communities, homeowners and emergency responders. The company is responsible for major breakthroughs in solar power technology and holds numerous solar-related patents.
For more information about WorldWater & Power Corp., visit www.worldwater.com.
Press: Mike Breslin Productions LLC Mike Breslin (201) 652-1287 mbrez*aol.com
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Universal Detection Technology, www.udetection.com, Anthrax Detector Featured on NBC News Monday October 23, 7:37 am ET
LOS ANGELES, Oct. 23 /PRNewswire-FirstCall/ -- Universal Detection Technology (OTC Bulletin Board: UDTT - News), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced today that its Anthrax Detection System was featured on KNBC Eyewitness News on Wednesday, October 18. A video of the news clip can be viewed at:
The segment included interviews with Jacques Tizabi, CEO of Universal Detection Technology, and Amir Ettehadieh, Director of Research and Development for Universal Detection Technology. They discussed the need for an early warning system for the detection of deadly weaponized anthrax spores and the continuing threat of Anthrax and other forms of bioterror as well as the state of readiness of the Government to counter the threat. Conducted by KNBC reporter, Kelly Mack, the news clip also discusses Universal Detection Technology's BSM-2000 Anthrax Detector.
For more information on this offering, please contact info*udetection.com
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 it 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.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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James Monroe Capital Signs Deal, Acquires $10 million in OTC BB Stock 10/23/2006
CHICAGO, Oct 23, 2006 (BUSINESS WIRE) -- James Monroe Corporation (Pink Sheets:JMCP) announces that they have signed a definitive agreement with Originally New York, Inc. (OTCBB:ONYI) to contribute assets for over $10 million worth of stock (33,201,000 shares) as ONYI is entering into the ethanol marketplace in a new business opportunity. ONYI was a development stage company, seeking a start up company.
James Monroe Capital, a holding company, will re-name ONYI, which now owns the trade name, phone numbers, and web site of "Diversified Ethanol," along with important assets for an ethanol company. Taylor Moffitt was added to the board of directors of ONYI and named CEO. Chris McGovern was appointed President, Secretary, and Treasurer.
Moffitt commented, "This agreement has created a frenzy of excitement from the parties we have been soliciting for mergers. Now, these companies are suddenly taking James Monroe Capital much more seriously. It was a lot of work and due diligence, and it has given us an appetite for more mergers & acquisitions. We've already been in more meetings with acquisition candidates and their attorneys."
The company's website is www.jamesmonroecapital.com. Diversified Ethanol is a start-up company that specializes in manufacturing scaleable ethanol plants, which are upgradeable, easy to relocate, and can operate on a wide variety of feedstocks. Visit www.diversifiedethanol.com for more information.
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.
SOURCE: James Monroe Capital Corporation
James Monroe Capital Corporation, Northbrook Chris McGovern, 847-418-3848
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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NextPhase Wireless, Inc. (NXPW) SqueezeTrigger Price Is $0.31; Approximately 1.4 Million Shares Shorted Since January 2005 According to ********** Research Report 10/23/2006
ANAHEIM, CA, Oct 23, 2006 (MARKET WIRE via COMTEX News Network) -- NextPhase Wireless (OTCBB: NXPW), a next-generation wireless connectivity company that specializes in integrated Internet, voice and data communication solutions, announced today that **********, www.**********, is initiating coverage of NextPhase Wireless, Inc. (OTCBB: NXPW) after releasing the latest short sale data to October 2006. From January 2005 to October 2006 approximately 18.6 million total aggregate shares of NXPW have traded for a total dollar value of nearly $5.8 million. The total aggregate number of shares shorted in this time period is approximately 1.4 million shares. The NXPW SqueezeTrigger price of $0.31 is the volume weighted average short price of all short selling in NXPW. The next short squeeze is expected to begin when shares of NXPW close above $0.10, where approximately 105,580 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********.
Month Total Vol. Short Vol. Avg. Price Short $ Value January '05 58,583 4,511 $0.73 $ 3,270 February 54,476 4,195 $0.79 $ 3,293 March 15,249 1,174 $0.86 $ 1,004 April 148,575 11,440 $1.57 $ 17,904 May 13,805 1,063 $1.98 $ 2,099 June 19,142 1,474 $1.51 $ 2,226 July 626,045 48,205 $0.73 $ 35,069 August 2,007,056 154,543 $0.51 $ 79,018 September 513,279 39,522 $0.40 $ 15,611 October 289,850 22,318 $0.34 $ 7,644 November 155,885 12,003 $0.31 $ 3,751 December 91,950 7,080 $0.28 $ 1,982 January '06 129,388 9,963 $0.27 $ 2,640 February 2,367,753 182,317 $0.32 $ 57,886 March 3,909,967 301,067 $0.37 $110,642 April 1,188,884 91,544 $0.33 $ 29,871 May 1,003,642 77,280 $0.22 $ 16,638 June 693,450 53,396 $0.17 $ 9,077 July 777,966 59,903 $0.12 $ 7,039 August 1,371,171 105,580 $0.10 $ 10,959 September 2,307,197 177,654 $0.13 $ 23,095 October 828,448 63,790 $0.12 $ 7,495 Total: 18,571,761 1,430,026 $0.31 $448,215 *short volume is approximated using a proprietary algorithm. **average short price is calculated using a volume weighted average short price. ***short volume is the total short trade volume and does not account for covers.
About NextPhase Wireless, Inc.
NextPhase Wireless is a next-generation connectivity company that specializes in delivering integrated Internet, voice and data communication solutions to its customers. The Company designs, deploys and operates its own wireless networks and also provides wireless technology solutions to businesses and municipalities. The Company is an active member of the WiMAX Forum (TM) and the Wireless Communications Association International (WCA). Leveraging its full-service capabilities and world-class infrastructure, NextPhase Wireless offers a comprehensive portfolio of broadband solutions that meet customers' needs today, and can anticipate and grow to meet their needs of tomorrow
-------------------- "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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Equity Stock Analysis Initiates Research Coverage of Dragon International Group with a Price Target of $0.60 10/23/2006
DALLAS, Oct 23, 2006 (BUSINESS WIRE) -- Equity Stock Analysis today announced that it has initiated coverage of Dragon International Group Corp. (OTCBB: DRGG) with a price target of $0.60 and a rating of "Speculative Buy" by Equity Stock Analysis (ESA). The report is authored by Senior Research Analyst Kris Gupta, CFA.
In the report, Chris Gupta indicates, "Dragon International has a leading and established position in the production and distribution of high quality specialty packaging in China. The Company has begun targeting high growth, higher-margin industries such as the pharmaceutical and food services industries through its development of increasingly innovative products. Recent announcements related to pharmaceutical packaging developed by the Dragon International indicate that they have developed packaging solutions employing nanotechnologies. Nanotechnology implementation has been effected in combination with a large corporate technology partner.
"The basis of the Company's packaging industry growth is founded in the rapid expansion China continues to experience in its need for high quality packaging principally from three targeted areas: pharmaceutical packaging, the growth of the middle class consumer in China, and the growth of packaging in the dynamic export business of China. The Company has recently expanded sales into the highly profitable and rapidly expanding pharmaceutical packaging business in India."
Mr. Gupta renders his opinion on the value of the stock as follows: "Dragon International Group Corp. is expected to create value for its shareholders based on the rapid revenue growth from the sale of its specialty paper products and packaging materials. Based on the expected growth of the company in the next five years, discounted cash flow valuation yields a 12-month price target of $0.60.
"Based on an estimated 64.5 million outstanding share count, the NPV per share is estimated at $0.60, which is our price target over the next 12 months. Target price of $0.60 marks a significant increase from the stock current trading price of $0.13."
-------------------- "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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PLNI -- Plasticon International, Inc. .0007 Com (5 Cents)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Plasticon International Inc. Fights Back!
Plasticon to Launch Aggressive Campaign Against Shorters and Market Manipulators
LEXINGTON, KY, Oct 23, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PINKSHEETS: PLNI) announced today that it will be launching an aggressive campaign against shorters and market manipulators in an effort for PLNI shareholders to realize the true value from a company which has experienced sales growth in 2005 compared to 2004 sales levels, and continues to show dramatic improvement in 2006. Plasticon International recently announced that based on current sales rates in 2006 their wholly owned subsidiary Pro Mold is poised to achieve an additional 15% growth in sales revenues.
In a letter to the shareholders www.plasticonintl.com, Jim Turek announced today that it has ordered a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership list, shows a more complete corporate ownership profile than is available from the transfer agent alone through the DTC.
President and CEO James Turek stated, "We have periodically ordered the NOBO list and compared it with our transfer agents DTC list on several occasions in the last 24 months. Our management knew there was a significant failure to deliver position in our stock; however, until we were ready to execute our business plan to its fullest extent, publishing this list would have been of little consequence to the share price or benefit to our loyal shareholders. Our goal now is to identify and publish the continuous pattern established by brokers to short our stock with an ever-increasing size of failures to deliver. Upon the receipt of the current list and analysis by our SEC attorney, we will work closely with the SEC and all institutional holders to quickly resolve this failure issue."
Mr. Turek stated, "This is invaluable information for our shareholders and public to be aware of. Naked short selling (NSS) is literally an Economic Attack on our Financial Markets and small cap companies robbing millions of hard earned dollars from investors, and the ability for small cap companies to capitalize their operations and research in manner conducive to shareholder value. This practice distorts what would otherwise be a free market, in other words, a market where a share price value is dictated by supply and demand only, and not by the undue influence of naked shorters. Short selling manipulates the price and puts excessive downward pressure on the value of the stock. Short sellers buy back at a greatly reduced price taking millions of dollars in profit at the expense of the shareholders and the company. Because of the lack of brokerage guidance from the SEC, the shorting may continue as the PPS moves upward in a move to slow down the increase allowing the covering of short positions with legitimate shares. This continued short selling action may force Plasticon to continue to order updated NOBO lists to protect our long shareholders investment and the company from further attacks.
"We have all worked extremely hard to build a strong company. I will not allow short sellers and market manipulators to destroy the value we have created," stated Jim Turek, Plasticon CEO.
About Plasticon International Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber which are all produced from recycled and recyclable plastics. Plasticon is a leader, and an innovator of cutting-edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. IN SOME CASES FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS REGARDING THE COMPANY'S PLANS, PROJECTED GROWTH IN OUR SALES VOLUME, GOALS AND, THE BUSINESS STRATEGY OF THE COMPANY AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF THESE PRODUCTS AND SERVICES. ANY ONE OR MORE OF THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS.
Plasticon International, Inc.: James N. Turek Sr. President and CEO 3288 Eagle View Lane Suite 290 Lexington, Kentucky 40509 web site: www.plasticonintl.com
Contact Investor Relations: Andrea Cox Ph: 866 843 2775
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PGPM (.04) Announces Financial Achievements as for Sept. 2006
Business Wire "US Press Releases "
IRVING, Texas--(BUSINESS WIRE)--
Pilgrim Petroleum Corporation (Pink Sheets:PGPM) is pleased to announce today it has achieved an average growth rate in revenues of 308% as for its third quarter ending September 2006. Operating Profit Margin accounted for 59.2%, which reflects the effective control of costs and the increasing trend of sales, despite volatile prices of energy. Additionally, Pilgrim Petroleum showed strong ROE of 23.16% and ROA of 20%, which show the company's commitment to extract greater profits from every dollar of assets the company acquires.
Since the beginning of the year, Pilgrim has grown aggressively, increasing 415% its asset portfolio. Pilgrim Petroleum has leveraged its strengths and opportunities to optimize operational and financial results.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "Current Financial Results not only contribute to measure and gauge operational performance, but also reveal which areas the company needs to concentrate efforts to improve profit levels and grow to stay competitive within the industry."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (PGPM). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effects of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WGLE (.0005) Million Dollar Shootout Major Hit at SPORTEL
Market Wire "US Press Releases "
ORLANDO, FL -- (MARKET WIRE) -- 10/23/06 -- WGL Entertainment Holdings, Inc. (OTCBB: WGLE) announced today that the WGL Million Dollar Shootout (MDSO) was one of the standout shows at the recently completed SPORTEL convention in Monaco. Several major international deals were negotiated and are expected to close within the next 30 days.
"SPORTEL was a major hit for the MDSO and solidifies the worldwide demand for such innovative and entertaining television content," said Mike Pagnano, CEO WGL Entertainment Holdings, Inc. "We are now in a position to realize maximum gains on the MDSO brand and begin planning the production of international versions to satisfy future demand, as golf and sports entertainment become increasingly popular in the international market."
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made for T.V. sports entertainment events scheduled to be produced in 2007 and beyond.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For more information contact:
Michael Pagnano WGL Entertainment Holdings, Inc. 1-407-328-8538
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ALRT (.12) Heart Transplant Patient Reports Significant Results With Medication and Treatment Compliance Using the ALRT500 Home Health Management System
Market Wire "US Press Releases "
WINSTON-SALEM, NC -- (MARKET WIRE) -- 10/23/06 -- ALR Technologies, Inc. (OTCBB: ALRT) announces a heart transplant patient utilizing the ALRT health management compliance reminder and monitoring system is achieving significant success with compliance to her complex medication and treatment schedule. The patient is a heart transplant patient who began the pilot in February 2006, and the first transplant patient within the Missouri Medicaid Program to use the ALRT500 system. The complexity of the individual's regimen had been causing significant stress for the patient and her family and timing of administration is so crucial to the health of the patient. Missed medications and treatments or even lateness of administration can result in adverse affects and complications. Losing a transplanted organ has the obvious health effects with the patient as well as hundreds of thousands of dollars in additional costs to health insurance providers.
Noncompliance is widespread in recipients of life-sustaining organs and is particularly tragic after heart transplantation due to the life-saving nature of the procedure. Patients who are noncompliant with transplant medications have lower anti-rejection drug levels, more acute rejection, and more chronic graft loss and medication noncompliance is a leading cause of morbidity in pediatric transplant recipients. According to Dr. William Lorentz, Associate Chief of Staff at Wake Forest University Baptist Medical Center, noncompliance is a contributor to transplant failure. "One of the primary reasons that transplanted organs fail is due to patient noncompliance with the medications and treatments."
The patient, Elaine, whose diagnoses include heart transplant, renal insufficiency, blood clot in her left atrium and hypertension, has four different physicians prescribe her 18 medications and 8 supplements. Elaine takes meds several times daily with a different combination of drugs each time. Additionally, she takes one medication weekly and another twice weekly. It is very important that the medications be taken timely (within 15 minutes of the correct time) as some medications are designed to work in combination with or to counteract side effects of other medications. "We are so pleased to have the use of the ALRT system," reports Jim, Elaine's husband. "This reminder system has made our daily activities so much easier and removes the constant worry of forgetting."
The ALRT500 electronic health management system was programmed to alert with an alarm sound and a description on the screen of the proper action to take at that time. The ALRT500 continues to alarm until Elaine or her husband press a button to silence it. After a 2 minute delay, the ALRT unit alarms again and Elaine presses the button to confirm completion of the planned action.
The ALRT system records the date and time when the action is confirmed and the compliance data for each day is made available automatically overnight via a modem to those authorized to view it. The compliance data is delivered in the form of compliance summary reports that are easily selected and customized by the viewer. Events of noncompliance are easily identified through color-coding on the reports as well as through automatic generated email alerts to those authorized. During one selected 30-day period Elaine was compliant with all programmed actions with just one exception and in this case the ALRT monitoring system showed that she did not comply within the pre-programmed 15-minute period but had taken the medication only it was outside the 15-minute prescribed time.
Bob Reed, President of PageMinder, the compliance specialty company that has provided the ALRT system to Elaine, reports the ability to review compliance remotely which allows his company to better understand behavior and enact necessary change. "The value that the system has brought to Elaine and her husband is far greater than the reminder service as this system also allowed us to identify times of day that we needed to change behavior to allow for even better compliance."
First in the US
ALR Technologies' ALRT500 system is the first in kind in the U.S. to provide affordable, portable and an easy to use combination of reminding caregivers or patients to take medications or treatments as well as allow for remote monitoring by healthcare professionals or family members. ALR Tech reports that their system was designed for ease of use, no computer required for the user, for portability and designed to be affordable. ALR Technologies has recently announced the startup of commercial manufacturing and that multi-faceted marketing to various population groups will begin in late 2006.
About ALR Technologies, Inc.
ALR Technologies, which specializes in health and disease management products and services, designs and manufactures medication compliance products and compliance home-monitoring and intervention systems to meet the needs for several targeted user groups. More information on the ALRT500 home compliance system can be found at www.alrt.com/products/alrt500.html and more on ALR Tech at www.alrt.com.
This release contains certain "forward-looking statements" relating to ALR Tech's business, and these statements reflect the current views of ALR Tech with respect to future events and are subject to certain risks, uncertainties and assumptions. When used, the words "estimate," "expect," "anticipate," "believe" and similar expressions are intended to identify such forward-looking statements. There are many factors that could cause the actual results, performance or achievements of ALR Tech and its products to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Further management discussions of risks and uncertainties can be found in the company's quarterly filings with the Securities Exchange Commission.
Public and Investor Relations: Mercom Capital Group, llc tel: 1.512.828.6645 e-mail: Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CYHD (.007) Announces Merger Discussions for Its Pocketop Division
Market Wire "US Press Releases "
CALGARY, AB -- (MARKET WIRE) -- 10/23/06 -- Cyberhand Technologies International Inc. (PINKSHEETS: CYHD), a design, marketing and distribution company providing new consumer electronic technologies using innovative ergonomic designs, today announced that the speculation can now end. Its Pocketop International Division is in discussions with an unnamed public company with respect to merging its operations with that company. The primary objective of the merger is to maximize the shareholder value of Cyberhand shareholders.
"This merger, if completed, will result in Pocketop's operations being a separate public entity thereby allowing the true value of this investment to be realized in a possible future equity dividend, if permissible, to our valued shareholders," said Michael Burke, CEO of Cyberhand Technologies International Inc.
About Pocketop
Pocketops International Inc. is a leader in the design, manufacture and marketing of solutions for the mobile handheld device market. Pocketop's initial product -- the Pocketop Original Keyboard -- was the first wireless, portable, folding keyboard for the PDA market and the first to offer device compatibility with all major brands of PDA's. The keyboard is half the volume and weight of competing products and has traditional keyboard touch-type functionality. In addition to its core line of keyboards the Company has expended its line of products to include compatible accessories.
About Cyberhand
Cyberhand is a multi-divisional Company with activities in the computer peripherals market and in the development of high technology military weapons systems. Cyberhand is actively involved in developing a series of computer game controllers integrating hand movement which in turn permits a variety of control functions to be performed by a single left or right handed operation resulting in a significant increase in response times over competing products. In addition to the game controllers, the Company is also developing an ergonomic computer mouse product line that eliminates computer related respective stress injuries such as carpal tunnel syndrome. The Cyberhand mouse is ergonomically designed to reduce stress and structurally designed to fit in a hand and respond to every hand movement. Another of the Company's business units, CyLogic Aerospace, the Company's military arm, is involved in developing increasingly precise military weapons systems that significantly reduce carnage and injury in surrounding "strike" areas. Where applicable, products are patent protected in both Canada and the United States.
For more information about Cyberhand see the following websites links: www.cyberhand.com
Distributed by Filing Services Canada and retransmitted by Market Wire
Contact: Cyberhand Technologies International, Inc. Corporate Information Michael Burke (403) 547-1712 Email Contact http://www.cyberhand.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NSMG (.08) Reports Amendment to Articles of Incorporation and Stock Dividend
Market Wire "US Press Releases "
CHICAGO, IL -- (MARKET WIRE) -- 10/23/06 -- National Storm Management, Inc. (PINKSHEETS: NSMG) has announced that its board of directors declared a one time stock dividend for all stockholders of record pursuant to which one share of Class B Common Stock will be issued for every twenty (20) shares of the Company's common stock ("Common Stock") held as of the close of business on October 27, 2006. Distribution of the dividend shares will begin on or about November 3, 2006.
The Class B Common Stock was created by an amendment to the Company's Articles of Incorporation filed with the Nevada Secretary of State on October 6, 2006. The Class B Common Stock is entitled to twenty (20) votes per share on all matters submitted to the stockholders for approval, including election of directors. The Class B Common Stock is generally not transferable other than by the laws of descent and distribution or, if the beneficial owner of the Class B Common Stock is a corporation, by merger or by distribution to the corporation's shareholders. However, the Class B Common Stock is convertible into Common Stock on a share-for-share basis which may be transferred at any time. Therefore, the Class B Common Stock is expected to have the same value per share as Common Stock. Each share of Class B Common Stock is also entitled to share ratably with the Common Stock in any dividends as may be declared by the company's board of directors out of funds legally available and in the distribution of the assets of the company available for distribution upon dissolution and liquidation of the company. The company currently does not pay any cash dividends.
National Storm Management, Inc. believes that the current market price of its stock is low compared to the value of the Company. The Company's board of directors believes that the stock distribution will help to protect shareholders against abusive takeover tactics such as two-tier or partial tender offers, open market accumulations and other tactics that may be used to gain control of a company without paying a fair price to all shareholders. The stock distribution was designed to assure that shareholders are not deprived of their rights to share fully in the Company's long-term potential, but not to prevent a fairly valued bid for the Company.
About National Storm Management, Inc.
National Storm Management (PINKSHEETS: NSMG) is an expanding national construction company headquartered in Glen Ellyn, Illinois and providing storm restoration services in nine states. Its operating affiliates include: ABC Exteriors (Illinois and Indiana); Pinnacle Roofing (Florida, Mississippi and Louisiana); MSM Builders and Remodelers (Missouri); WRS, Inc (Minnesota); First Class Builders (Maryland); and First Class Roofing and Siding (Ohio). The company and its affiliates are recognized by all major insurance companies such as State Farm, Allstate, Farmers and others for storm related claims. The company is a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau. More information is available at www.nationalstorm.com.
For Media Inquiries: David Gutierrez Dresner Corporate Services 312-780-7204 Email Contact
For Investor Inquiries: Philip Kranz Dresner Corporate Services 312-780-7240 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CDIT (.0004) Completes a Reverse Merger Into Crescende International, Inc.
Market Wire "US Press Releases "
VANCOUVER, BC -- (MARKET WIRE) -- 10/23/06 -- Crescende International, Inc. (PINKSHEETS: CDIT) ("Crescende") announced today that effective October 15, 2006, it has completed its Exchange Transaction with CORE Resources Limited ("CORE").
CORE Resources Limited is an emerging natural resource company engaged in the acquisition, exploration and development of mid to late stage producing properties. CORE's mandate is to seek and develop a portfolio of highly visible and attractive commodity rich properties that will create shareholder value. CORE plans to minimize exploration risk by bringing in joint venture or working interest partners.
At the closing, Crescende acquired all of the outstanding capital stock and ownership interests of CORE. In exchange, Crescende will issue to the CORE shareholders 50,000,000 shares of common stock of Crescende on a post 1 for 100 reverse stock split of its outstanding common stock. The reverse stock split will be for shareholders of record on November 1, 2006.
Crescende will change its corporate name to CORE Resources Limited with new ticker symbol effective November 1, 2006.
Forward-looking Statements
This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Crescende and CORE to be materially different from future results, performances or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe the Crescende's and CORE's future plans, strategies and expectations, are generally identifiable by use of the words "may," "should," "expect," "anticipate," "estimate," "believe," "intend" or "project" or the negative of theses words or other variations on these words or comparable terminology. Forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that any projections or other expectations included in any forward-looking statements will come to pass. Crescende's and CORE's actual result could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, Crescende undertakes no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other event in the future.
Contact: Crescende International, Inc. Simon Camber CEO and President Phone: 1-877-987-8585
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CHNW (.0045) Signs A Memo Of Understanding (MOU) To Acquire A Customer Service Call Centre
PR Newswire "US Press Releases "
FORT LAUDERDALE, FL, Oct. 23 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) today announced that it has executed an MOU to acquire a customer service call centre to service its inbound payday loan and software license sales inquiries. The call centre is currently owned, and operated by a Nevada automotive parts distribution company which was recently taken over in a unrelated transaction. The auto distributor operates the call centre from Toronto, Canada, and maintains its corporate offices in Las Vegas, Nevada, USA. The automotive distributor utilizes the facilities to receive orders from various suppliers throughout North America. The call centre is fully furnished with newly-acquired equipment and partly staffed with management and key staff members of the distributor. Cash Now management is currently exploring the possibility of assuming all of the staff of the distributor. "It is a perfect fit for us corporately," said Mr.Kevin Price Cash Now's CEO. "The payday loan business spikes with new and existing customer needs, just before the Christmas holidays as consumers scramble to obtain funds to meet their Christmas shopping needs. Converting the model from an auto parts customer service to a payday loan one, the company does not foresee many issues or challenges.
"It should be a relatively simple transaction," added Mr. Garr Winter Cash Now's marketing director. He added, "traditionally speaking, our industry goes through a big bounce yet again right after the holidays, as new customers this time look for financing to finance their holiday shopping spree". Cash Now is aiming to have the transaction fully finalized, and the call centre fully operational servicing the Cash Now client base well before the Christmas holiday shopping days begin. Cash Now is also considering relocating its US-based operation from Fort Lauderdale, Florida to Las Vegas, Nevada as well in a cash and stock purchase of the both infrastructures. Cash Now Corporation, also a Nevada company, relocated to Fort Lauderdale in 2004. "The hurricanes of last year (2005) really created chaos and havoc with our business model, with the company being forced to endure 4 separate business interruptions in operations in about a 6 month span. These constant business interruption caused and eroded a lot of our shareholder value of our stock, and this is something that we have not forgotten," added Mr.Price. He added, "it is our vision and aim to root ourselves in a place with far less chances of business interruption in a jurisdiction with more favorable non-usury laws such as Nevada, and the call centre which is eligible for certain government staffing grants in Canada, for companies that create jobs, has the potential to bounce our stock value right back to where it should be in the first place."
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 this 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
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IPKL (.0012) Provides an Update on Its Chinese Joint Venture
Market Wire "US Press Releases "
VANCOUVER, BC -- (MARKET WIRE) -- 10/23/06 -- iPackets International, Inc. ("iPackets") (PINKSHEETS: IPKL), a global developer and provider of wireless and communications solutions for the mine-safety industry, announced today that it has signed and authorized the submission of the pre-approval name application for its Chinese Joint Venture ("JV"). Pending name approval from the various Chinese government agencies, the JV will be named China National Safety Technology Inc.
iPackets is also pleased to announce that the JV partners are executing multiple activities concurrently to expedite the manufacturing and certification process. These activities include the operational budget for the initial phases, product certification application, first batch of product manufacturing, manufacturing facility design, and long term operational planning.
The partners are also working towards establishing a common framework to collaborate through. This includes technical and management communication links, and on-line information exchange channels. The objective of this framework is to facilitate meeting of the deadlines set in the Letter of Intent signed last month.
iPackets' President and CEO, Mr. Naiel Kanno, commented: "As communicated in previous press releases, we will keep our stockholders fully updated on all major milestones during the establishment of our JV. We are very pleased with the progress of the JV creation and the efforts invested by all partners as a result of which we are on track with delivering the contents agreed upon in the LOI."
iPackets would also like to report that it has filed its year end financial statements for the year end June 30, 2006. The un-audited financial statements can be viewed on the Pink Sheets' web site at www.pinksheets.com.
About the Mining and Mine Safety Industries in China
China comprises more than 280,000 mining enterprises, of which 80,000 are state-owned, and of the more than 25,000 state-owned coal mines in China, more than 700 are classified as large mines. Mine safety has been a major issue in the Chinese mining industry, with more than 6,000 miners killed in mining-related accidents in China last year; independent estimates say the real figure could be as high as 20,000. According to Chinese government statistics, more than 12.2 million people were employed as miners in 2005, and approximately 7.0 million of these were coal miners.
About The Chinese Joint Venture Partners
China Coal Information Institute: Established in 1959 by the Chinese government, China Coal Information Institute is a national research organization with more than 800 employees. CCII is part of the newly established National Institute for Occupational Safety and has played a leading role in the development of China's domestic coal industry and related occupational safety standards. As the strongest segment of the CCII, the Energy and Safety Division provides information support and strategic suggestions to government authorities; undertakes market investigations; and provides consulting services to Chinese and international companies to expand their business in the areas of energy, safety, environment, and information technology. For more information, please visit www.coalinfo.net.cn/english.htm.
Henan YongAn Investment Guarantee Co., Ltd.
YongAn is one of the first investment guarantee companies to be approved by the Chinese National Development and Reform Commission. With more than 55 employees, YongAn's business scope is finance, investment guarantee, debenture guarantee, financial services and consultation related to investments in small- to medium-sized enterprises.
About iPackets International, Inc. and iPMine
iPackets International is a developer and provider of wireless communications solutions for the global mine-safety industry. iPMine, the company's flagship product designed to significantly improve the safety of miners and equipment, is a real-time two-way wireless communications solution that tracks, monitors, and communicates with miners and equipment underground and above ground. With iPMine, location information of both miners and equipment is collected and displayed in real time on one or more monitoring stations against a background of a mine's terrain map. iPMine's scalability and flexibility features make it ideal to be deployed in any size mine supporting multiple levels and/or sites. Its redundant communications feature makes the system highly reliable to efficiently operate in the harsh mining environment. For more information, please visit www.ipackets.com.
Certain statements included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations.
Contact: Allegiant Financial Group 1 (866) 824-8227
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INTP (.07) Announces Listing of its Shares on the Bulletin Board
PR Newswire "US Press Releases "
FITCHBURG, Mass., Oct. 23 /PRNewswire-FirstCall/ -- Integrated Pharmaceuticals, Inc. (IntePharm) (OTC Bulletin Board: INTP) announced today that effective October 10 the common shares of the Company have been accepted for quotation on the OTC Bulletin Board.
Dr. Chatterjee, president and CEO of the company, mentioned further that the company is in active discussion with several funding organization for implementing its business plan.
About IntePharm
IntePharm is an emerging producer of pharmaceuticals, specialty compounds for the pharmaceutical, nutraceutical and functional food and beverage industries. In addition to manufacturing products, IntePharm discovers and develops more efficient and cost-effective manufacturing and mineral delivery processes. These processes are developed using a comprehensive technology platform that combines metabolic engineering, cellular genetics, advanced bioprocess engineering, and computer simulation science. The company owns several other pending patents for new products and technologies for immediate commercialization in food and nutritional products market.
For further information please contact Dr. Chinmay Chatterjee, Integrated Pharmaceuticals, Inc. (IntePharm), at (978) 696-0020, or visit http://www.intepharm.com
SOURCE Integrated Pharmaceuticals, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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IPtimize, Inc. (Pink Sheets:IPZE), a Managed VoIP (Voice-over-IP) Solutions Provider, today announced that it has filed a registration statement to register certain of its securities with the Securities and Exchange Commission (the "SEC"). The securities covered by the registration statement include common stock issued by the Company in private placement transactions and common stock underlying certain indebtedness issued by the Company.
"We are taking this step in an attempt to provide our shareholders with increased disclosure regarding our business and our activities and to allow for greater liquidity for their investment in our shares. We believe that the filing of this registration statement will aid us in our efforts to have our securities approved for trading on the OTC Bulletin Board, which should result in greater liquidity for our shareholders, as well as greater exposure of our Company to the investment community," said Clint Wilson, CEO and President of IPtimize. "After a registration statement is declared effective by the SEC, the securities covered in the registration statement are eligible to be publicly traded."
Wilson said the time that it will take for the SEC to declare the registration statement effective cannot be predicted.
About IPtimize
IPtimize, Inc., a Managed VoIP Solutions Provider, offers small- and medium-size enterprise customers a portfolio of VoIP-based communications solutions - including Hosted VoIP (Voice Pilot(SM)), Telephone Line Replacement (VoIP Connect(SM)) and VoIP business communication systems - that help customers improve productivity, reduce costs and minimize risks. IPtimize has been offering customers an innovative and unique method of acquiring technology without large outlays of capital or risks of obsolescence since 2003. The Company is located at 2135 South Cherry St., Suite 200, Denver, CO 80222. More information is available at the Company's Web site at www.IPtimize.com, or by calling 303-268-3600.
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the Company's behalf. All statements, other than statements of historical facts which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the Company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the Company, actual results may differ materially from the expectations expressed in the forward-looking statements.
Source: IPtimize, Inc.
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MIGO (.16) to Acquire Leading Retail and Web Titles from StompSoft
Business Wire "US Press Releases "
REDWOOD CITY, Calif.--(BUSINESS WIRE)--
Migo Software, Inc. (OTCBB:MIGO) today announced that it has signed a Letter of Intent (LOI) to acquire StompSoft, Inc.'s entire line of software titles. Migo's purchase includes StompSoft's popular PC BackUp, Registry Repair and Digital Vault/Portable Vault titles, currently found in leading retailers such as Fry's, Comp USA and Office Depot. Migo will also acquire StompSoft's web store.
Located in Irvine, CA, StompSoft is a privately owned manufacturer of award-winning backup, system utility and online security/privacy software. For the year ended December 2005, StompSoft had revenues of approximately $3.6 million. Migo expects to pay consideration of up to $6.35 million for the acquisition, including $500,000 in cash, $2.5 million in the form of a convertible subordinated note, up to $350,000 in debt assumption (also be converted into convertible subordinated notes) and up to a maximum of $3.0 million in royalties based on the future sales of StompSoft products during the 18-month period following closing. The transaction remains subject to negotiation of a mutually agreeable definitive acquisition agreement and customary closing conditions.
"The acquisition of these software titles will significantly broaden Migo's product line and allow us to capitalize on StompSoft's strong retail, web and OEM distribution channels," said Kent Heyman, CEO of Migo Software. "The acquisition will establish Migo as a leading supplier of data management solutions, and we're very excited about that."
Michael Hummell, president and CEO of StompSoft, said, "The Migo and StompSoft product lines perfectly complement each other and will bring tremendous value to consumers who need to synch, repair, secure or move data on their computers."
Migo's award-winning mobile computing software provides computer users a safe, easy-to-use, traceless method of working on personal files and their own email -- including Microsoft Outlook(R) and Outlook Express(R) -- on borrowed computers, eliminating the need to bring along a PC or laptop of their own. Users connect their Migo-enabled device to a handy PC, and with a few clicks that PC turns into their own, right down to the wallpaper on their screen, for as long as they need it. When finished, Migo leaves no trace of their personal files behind, and upon returning home it synchronizes that work with their own home or office PC.
About StompSoft, Inc.
StompSoft, Inc., founded in 1996 as "Stomp Inc.," invented the popular CD Stomper CD/DVD labeling system and publishes award-winning software for both consumer and business users. StompSoft is a recognized leader in backup, system utility and online security/privacy software. Headquartered in Irvine, California, Stomp Inc. is a privately-held company. For more information, visit www.stompsoft.com.
About Migo Software
Located at 555 Twin Dolphin Drive, Suite 650, Redwood City, CA, Migo Software, Inc. (OTCBB:MIGO) is a global provider of secure mobile computing software. The Company's award-winning Migo(R) synchronization and PC portability software increases business and personal computing portability, allowing users to take their Outlook(R) and Outlook Express(R) email on a portable storage device.
Migo Software's website, found at www.migosoftware.com, provides additional information on the full line of Migo mobile computing products.
NOTE: Migo(R) is a registered trademark of Migo Software, Inc. All other company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only.
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts, including those statements that refer to Migo Software's plans, prospects, expectations, strategies, intentions, hopes and beliefs and the expected benefits of the use of Migo Software products are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties. Important risk factors affecting Migo's business generally may be found in its periodic reports and registration statements filed with the Securities and Exchange Commission at www.sec.gov. Risk factors related to the subject matter of this press release include the possibilities that the companies may not be able to reach a mutually agreeable definitive acquisition agreement; that Migo Software may not be successful in integrating the StompSoft products into its business; that depreciation, amortization and potential impairment charges associated with the acquisition could adversely affect Migo Software's results of operations; that approvals and governmental clearances needed to consummate the transaction may be delayed or withheld; that the parties' partners, customers or investors may react unfavorably to the acquisition by Migo Software; that if the acquisition is not completed, the parties' businesses may be harmed. Any forward-looking statements are based on information available to Migo Software today and Migo Software does not undertake any obligation to update any of the forward-looking statements after the date of this press release.
Source: Migo Software, Inc.
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QBIT .0015-- Quantum Bit Induction Technology, Inc.
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
QBIT Finalizes Creation of Class B
HOUSTON, TX, Oct 23, 2006 (MARKET WIRE via COMTEX) -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT) has finalized the plans and paperwork for the creation of a Class B Common Stock and submitted those plans and paperwork to legal counsel. This action follows the Board of Director's Resolutions implementing prior Shareholder Resolutions. Class B Common Shares are designed to be more beneficial to hold than Ordinary Common Shares and yet maintain convertibility between classes. The Class B Common Shares, however, will have corporate voting and technical access privileges that are superior to the convertible number of Ordinary Common Shares.
"QBIT is adjusting its capital structure to exploit available opportunities in the financial marketplace," explained QBIT President Mike Skillern. "Our job is to make value for the Shareholders and that is what this effort is all about."
For more information on QBIT and its projects, visit our website at www.quantumbit.com.
QBIT is a technology developer that builds theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.
QBIT, in all cases, maintains project rights for its shareholders. Information concerning those rights is available on the QBIT website or by contacting QBIT directly.
The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company.
Contact: Quantum Bit Induction Technology Inc. Peter McCain Office: 281-531-5550 www.quantumbit.com pmccain*quantumbit.com
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PYPR (.0025) Signs Agreement with Willis Group Holdings Limited (Mexico) (NYSE:WSH)
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
PayPro, Inc. (Pink Sheets:PYPR) is pleased to announce the signing an Agreement with Willis Group Holdings Limited (Mexico) (NYSE:WSH).
Willis Group Holdings Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. With over 300 offices in some 80 countries, its global team of 14,500 Associates serves clients in some 180 countries. Additional information on Willis may be found on its web site www.willis.com.
Mike Terrell, PayPro, Inc. CEO, announced today the signing of an agreement with Willis Group Holdings Limited (Mexico). He stated, "With this agreement in place and the landslide approval of the Panama Canal Expansion Project our forward looking vision is now reality. The Agreement allows us to maximize our revenue on all of our upcoming Latin America infrastructure projects which range from a major International airport, major real estate developments in Costa Rica and Panama, a telecommunication company, and now officially the Panama Canal Expansion, and our leadership and development of Micro-Forests and CO2 carbon neutrality programs to help fight global warming. We have met with the government of Panama and together we are committed to preserving and harmonizing the wildlife habitat and the natural flora and fauna with all of our projects. The most important will be our involvement in administering and or marketing of up to 300,000 acres of pristine rainforest, and natural habitat that surrounds the Panama Canal. We are certainly proud to be partnering with the government of Panama and working with such an internationally respected company as Willis."
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 ON LINE 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 fact 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.
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