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December 02, 2006 11:30 AM Eastern Time Pegasus Gaming Corp. Adds Licensee PHOENIX--(BUSINESS WIRE)--Pegasus Gaming Corp. (PINK SHEETS:PGGG), http://www.PegasusGaming.com), a European Facing Turn Key I-gaming platform solution and e-commerce services provider, is pleased to announce the addition of a new licensee.
Pertaining to the previous corporate updates, the Company is pleased to report the closing on this new licensee from Europe has been finalized. This licensee will be operating under the web site www.BestBookmaker.com with a contract value of $150,000 USD. In addition, we expect such licensee to provide a steady stream of royalties, starting in the near future.
“The adding of this new licensee is a proof of our development in Europe being strengthened. With the implementation of the new US Internet gaming legislation, we will be gaining our position in Europe toward our goal of becoming the leading Turn-key I-gaming platform solution in the industry,” stated Pegasus Gaming President & CEO, David Cheng.
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Pegasus Gaming Corp.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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December 01, 2006 04:10 PM Eastern Time BGI Updates Information on IRS Investigation AUSTIN, Texas--(BUSINESS WIRE)--BGI, Inc. (Pink Sheets:BGII) today announced that it has received the affidavit prepared by the Internal Revenue Service (IRS) in relation to the seizure of Company funds. The Company’s cash depositing practices are being investigated specifically relating to structuring of deposits to avoid reporting cash. The affidavit and related documents indicate that the IRS has seized approximately $1,000,000 of the Company’s approximately $3,000,000 in cash and investments. The Company is fully cooperating with the IRS in the investigation.
The Company regularly reports its cash balances and revenue amounts to the public on a quarterly basis through its quarterly financial statements posted on the Company’s own website as well as www.pinksheets.com where the Company’s stock price is quoted. Additionally, the Company has filed all tax returns in a timely matter and makes timely periodic income tax payments.
Statements that BGI may publish, including those in this announcement that are not strictly historical, are "forward-looking" statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may vary. Factors which could cause actual results to differ from these forward-looking statements include but are not limited to changes in the competitive marketplace, changes in the regulatory environment and economic conditions. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About BGI, Inc.
BGI, Inc. (http://www.bgicorp.com) is a gaming company that designs, distributes and markets sweepstakes-driven gaming products. The Company’s primary product -- the Lucky Strike Phone card machine – uses a sweepstakes game as an incentive to sell phone cards. BGI, Inc. was founded in 1994 and has offices in Austin, Texas. The Company currently trades on the OTC Pink Sheets under the symbol BGII.
BGI, Inc. 3211 W. Rundberg, Suite 175 Austin, TX 78758 Contacts BGI, Inc., Austin Corporate Contact: Bill Schwartz, 512-335-0065 or 512-335-0078 (fax) www.bgicorp.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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American Medical Technologies Reports Strong Third Quarter Results 12/1/2006
Revenues Up 51% as AMT Gears Up Marketing Program
CORPUS CHRISTI, Texas, Dec 01, 2006 (BUSINESS WIRE) -- American Medical Technologies, Inc. (OTCBB:ADLI) reported its financial results for the three and nine months ended September 30, 2006. Those results, compared with results for the same periods in 2005, are as follows:
-- Third-quarter revenues rose sharply, up 51% from a year ago.
-- Net loss per share was cut in half, $0.02 per share for the third quarter of 2006, compared with a $0.04 per share loss for the third quarter last year.
-- Nine month revenues rose 15% over last year.
American Medical Technologies reported that revenues for the third quarter 2006 were $768,686, compared to $510,564 for the third quarter 2005.
The increase in quarterly revenues included stronger sales of the company's products boosted by domestic and international marketing efforts led by Judd Hoffman, Vice President of Worldwide Sales. In addition, the company experienced favorable results from sales of Spectrum Dental whitening products. In April 2006, American Medical Technologies, Inc. entered into a 5 year exclusive distribution agreement of the Spectrum Dental product line.
Third-quarter net loss was $176,343, or $0.02 per share, compared to a net loss of $320,217 or $0.04 per share for the third quarter of 2005. Higher revenues and continued efforts to remain an efficient operation contributed to lower losses in the quarter.
For the first nine months of 2006, revenues were $1.85 million, versus $1.60 million for the first nine months of 2005. Net loss for the first nine months was $1.39 million, or $0.17 per share, compared with a net loss of $874,286, or $0.11 per share in 2005. The increase was primarily due to a one-time $410,000 settlement, or $0.05 per share and increased marketing costs.
"The third quarter results demonstrate the success of our marketing program which is just starting to take effect. We believe our dental products provide dentists with the next generation in the growing whitening market, while our patented hydrobrasion dental equipment offers improved patient comfort and greater speed for many common procedures, compared with traditional handpiece drills," said Roger Dartt, President and Chief Executive Officer of American Medical Technologies. "We are very excited going forward as we initiate our marketing program. We are already seeing strong results, and have plans to bring additional sales force on board and grow our outside distribution network which should add to the strong sales momentum we saw in the third quarter.
AMT, headquartered in Corpus Christi, Texas, develops and manufactures advanced technologies in the field of dentistry and markets them worldwide. The company's securities are quoted on the OTC Bulletin Board under the symbol ADLI, and its website is at www.americanmedicaltech.com.
The Company makes forward-looking statements in this press release and in its filings with the Securities and Exchange Commission. The Company's forward-looking statements are subject to risks and uncertainties and include information about its expectations and possible or assumed future results of operations. When the Company uses any of the words "believes", "expects", "anticipates", "estimates" or similar expressions, it is making forward-looking statements.
The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for all of its forward-looking statements. While the Company believes that its forward-looking statements are reasonable, you should not place undue reliance on any such forward-looking statements, which speak only as of the date made. Because these forward-looking statements are based on estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond the Company's control or are subject to change, actual results could be materially different. Factors that might cause such a difference include, without limitation, the following: the Company's inability to generate sufficient cash flow to meet its current liabilities, the Company's potential inability to hire and retain qualified sales and service personnel, the potential for an extended decline in sales, the possible failure of revenues to offset additional costs associated with its change in business model, the potential lack of product acceptance, the Company's potential inability to introduce new products to the market, the potential failure of customers to meet purchase commitments, the potential loss of customer relationships, the potential failure to receive or maintain necessary regulatory approvals, the extent to which competition may negatively affect prices and sales volumes or necessitate increased sales expenses, and the other risks and uncertainties set forth in this report.
Other factors not currently anticipated by management may also materially and adversely affect the Company's results of operations. Except as required by applicable law, the Company does not undertake any obligation to publicly release any revisions which may be made to any forward-looking statements to reflect events or circumstances occurring after the date of this report.
American Medical Technologies, Inc. Condensed Consolidated Statements of Operations (Unaudited) Three Months Ended Nine Months Ended September 30 September 30 ----------------------- -------------------------- 2006 2005 2006 2005 ----------- ----------- ------------- ------------Revenues $ 768,686 $ 510,564 $ 1,846,797 $ 1,601,879Royalties 7,307 3,958 23,716 90,716 ----------- ----------- ------------- ------------ 775,993 514,522 1,870,513 1,692,595Cost of sales 371,959 353,237 1,031,523 896,080 ----------- ----------- ------------- ------------Gross profit 404,034 161,285 838,990 796,515Selling, general and administrative 614,170 488,061 2,207,085 1,635,356Research and development 16,617 54,389 55,470 131,248 ----------- ----------- ------------- ------------Loss from operations (226,752) (381,165) (1,423,565) (970,089)Other income (expenses) Net realized and unrealized gains/(loss) on investments 2,698 (1,964) 9,263 (9,488) Gain on sale of machinery -- 86,062 -- 86,062 Other income 42,202 641 84,527 64,465 Interest expense (16,281) (33,017) (95,645) (78,469) Interest income 21,791 9,226 37,432 33,233 ----------- ----------- ------------- ------------Net loss available to common stockholders $ (176,343) $ (320,217) $ (1,387,988) $ (874,286) ----------- ----------- ------------- ------------Basic earnings per common share $ (0.02) $ (0.04) $ (0.17) $ (0.11) ----------- ----------- ------------- ------------Diluted earnings per common share $ (0.02) $ (0.04) $ (0.17) $ (0.11) ----------- ----------- ------------- ------------ SOURCE: American Medical Technologies, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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December 01, 2006 04:05 PM Eastern Time Petroleum Consolidators Enters into a Definitive Purchase and Sale Agreement with a Chevron Branded Gas Station WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Petroleum Consolidators of America, Inc. (Pink Sheets:PCAI) today announced that it has moved from a Letter of Intent, which was previously announced on November 29, 2006, to a Definitive Purchase and Sale Agreement with the seller of an independent Chevron branded gas station located in Charlotte County, Florida.
David Cohen, President & CEO of Petroleum Consolidators, stated, ”We are extremely excited about our second acquisition that is scheduled to close in mid-February. Based on our market research and due diligence to-date, we are confident that this location will generate over $3.0 million in annual gross revenue and approximately $200,000 in gross income.” Additionally, Cohen stated, “This is the second in a series of strategic acquisitions of major branded gasoline stations that we intend on closing in the first quarter of 2007.”
About Petroleum Consolidators of America, Inc.:
Petroleum Consolidators of America, Inc. (Pink Sheets:PCAI) is a development stage company focusing on land acquisition, ownership and operations of a portfolio of retail gasoline stations. The businesses being acquired will include convenience stores that offer a broad selection of merchandise and ancillary products and services including car care products, tobacco, beer, soft drinks, self-service fast food and beverages, publications, dairy products, groceries, health and beauty aids, money orders and other services.
Safe Harbor Statement
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended which represent the company’s expectations or beliefs concerning future events of the company’s financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. The words “may,” “could,” “should,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan” and similar words are intended to identify forward-looking statements. These forward-looking statements are based on the Company's current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially from the results and events anticipated or implied by such forward-looking statements. Any number of factors could affect actual results and events, including, without limitation: the ability of the Company to take advantage of expected synergies in connection with acquisitions; the actual operating results of stores acquired; the ability of the Company to integrate acquisitions into its operations; fluctuations in domestic and global petroleum and gasoline markets; changes in the competitive landscape of the convenience store industry, including gasoline stations and other non-traditional retailers located in the Company's markets; the effect of national and regional economic conditions on the convenience store industry and the markets we serve; the effect of regional weather conditions on customer traffic; financial difficulties of suppliers, including our principal suppliers of gas and merchandise, and their ability to continue to supply our stores; environmental risks associated with selling petroleum products; governmental regulations, including those regulating the environment; and acts of war or terrorist activity. Results actually achieved may differ materially from expected results included in these statements. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Furthermore, this Company cautions that the risk factors listed in this paragraph are not exhaustive.
Contacts Petroleum Consolidators of America, Inc., West Palm Beach David Cohen, 561-514-0198 info*petroleumconsolidators.com www.petroleumconsolidators.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Casting Director Rosemary Welden Recruited to Cast Imperia Entertainment Mixed Martial Arts Movie ''Never Submit'' Company Seeks Star Hollywood Talent to Join Champion Fighter Cast
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Imperia Entertainment, Inc. (Pink Sheets:IPEI) President James Hergott announced today that the company has hired Rosemary Welden as the Casting Director for its feature film, “Never Submit.” Rosemary Welden is an experienced professional, who has rounded out the cast for more than 40 films, including “The Final Season” with Rachael Leigh Cook and Sean Astin, the fight film, “Undisputed II: Last Man Standing,” “End Game” with Cuba Gooding, Jr., “Shadow of Fear,” with Matt Davis and James Spader, “Joyride” with Tobey Maguire and Benicio Del Toro, “The Expert” with martial arts superstar Jeff Speakman, and “The Cutter” with martial arts superstar Chuck Norris.
“'Never Submit' will feature real life professional fighters as well as top name talent,” said Kenneth Eade, Executive Producer. “Rosemary did a fabulous job for us on 'Say it in Russian,' and we are thrilled to have her on board. Some of the biggest names in the sport of MMA are vying for roles in 'Never Submit' and I have no doubt Rosemary will find the right star talent to round out a stellar cast,” adds Eade.
Scheduled to audition for roles are IFL coach and former UFC champion, Ken Shamrock, UFC lightweight champion Sean Sherk, UFC light heavyweight champion Chuck Liddell, and TUF season one contract winner and UFC fighter Forrest Griffin, among others. Already cast in roles are Pride FC champions Wanderlei Silva and Mauricio Shogun Rua.
ABOUT NEVER SUBMIT
“Never Submit” is an inspirational tale similar to Rocky, but the lead character is an intelligent young man (as are most fighters competing in this sport) rather than a beaten-down punch-drunk fighter. An amazing cast of characters will round out this film, each from different walks of life, each with his own set of circumstances and motivating factors driving him to be the best. For some, their best won't be good enough.
Different roads bring them all to the same intersection where the human spirit is put to the test. For these athletes, their hearts, physical skills and mental tenacity decide the victor ... and there can only be one. "Never Submit" takes movie goers inside the methodical, fast paced, action packed, unpredictable and sometimes controversial world of mixed martial arts, deemed by many to be the most exciting sport on the planet.
Imperia Entertainment recently announced a partnership with TapouT Magazine (www.tapoutmagazine.com) as part of a cross-country tour to promote the publication as well as the movie. Stops at select dojos to hold auditions for "Never Submit" are being finalized. TapouT Magazine readers can expect to see the mixed martial arts movie prominently featured in the bi-monthly publication throughout the casting, filming and theatrical release stages, as well as enjoy behind the scenes details from "Never Submit" director James Hergott, one of TapouT Magazine's newest contributors.
ABOUT IMPERIA ENTERTAINMENT
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a company that has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing and distributing full-length feature films. Along with its equity interest in "All That I Need" (www.allthatineed.net), released in theaters last December, and now being marketed for DVD distribution, Imperia's film properties include its recently completed feature film, "Say It in Russian" (www.sayitinrussianmovie.com), starring Faye Dunaway and Agata Gotova, "Brothers," by Tarquin Gotch ("Home Alone"), "Never Submit," a feature film on the subject of mixed martial arts, "Whiskers," a family film, made by Imperia's subsidiary, Muller Media, Inc. (Pink Sheets:MUME), and the award-winning "Autograph" television series (www.autograph.tv), which airs on the OlympuSAT system.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contacts Imperia Entertainment, Inc. James Hergott, 310-275-0089 or Vivian Fullerlove, Public Relations, 972-562-0616
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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IBAC Corporation Signs Sponsorship Agreements for Their Florida Restaurants IBAC Corporation (Pink Sheets:IBCX), a Hospitality Holding Company, today announced it has entered into two significant sponsorship agreements for its Florida restaurants.
The first agreement for both of the company's Florida restaurants is with the Boston Red Sox; this will be the second year that the company has enjoyed participating in this program. Ft Myers, Florida is home to the Boston Red Sox spring training http://boston.redsox.mlb.com/NASApp/mlb/spring_training/ballpark.jsp? c_id=bos&year=2007 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.), the sponsorship program will include two center field banners 8' X 16', two walkway marquee posters and a full page spread in the teams program guide. The Boston Red Sox spring training facility is sold out always and the company (IBCX) is very pleased to have that exposure.
The second agreement is with the Barbara B Mann Performing Arts Hall, the company has agreed to be the sponsor of the Chita Rivera "The Dancers Life" http://www.bbmannpah.com/performance.php?id=136 show, it will be a full week of exposure of a legendary performer at a world class facility, the company will receive full exposure at all of the performing arts hall events as a sponsor.
"The company as it grows is very appreciative of the opportunities and respect that the community has given, as these opportunities are not handed out easily, we are very happy that we as a company were considered for the opportunity's and are great full for the opportunity to participate and look forward to a most profitable season along with our sponsors'," said Mr. Wayne Burmaster, President of IBAC Corporation
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CytoCore Announces Successful Early Testing for Bladder Cancer
CYCR ( .188 )
Monday , December 04, 2006 08:40ET
CHICAGO, Dec 04, 2006 (BUSINESS WIRE) -- CytoCore, Inc. (OTCBB:CYCR), a late-stage bio-scientific research company, today announced highly accurate results in using the P2X7 biomarker to detect bladder cancer -- suggesting much broader implications for its use in the early detection of cancer in all epithelial cells.
Following closely recent test results confirming the efficacy of the P2X7 marker in early identification of endometrial and cervical cancers, this new finding strongly indicates the biomarker's potential effectiveness in early screening for bladder cancer, in confirming the presence of bladder cancer in diagnostically difficult cases and perhaps in predicting the biologic potential of an individual tumor in terms of recurrence and progression to more advanced disease.
"One of the challenges in the field is to predict the malignant potential of an individual bladder neoplasm, since the pathologist's estimate of this parameter, in conjunction with other clinical criteria, strongly influences patient management," said Dr. Greg MacLennan, associate professor of pathology and director of the Tissue Procurement and Histology Core Facility at the Case Comprehensive Cancer Center, CASE (Case Western Reserve) University. "If the utility of P2X7 in bladder lesions is as good as in endometrial lesions, it has tremendous potential for use in the fields of urology and oncology."
Dr. MacLennan, who is collaborating with CytoCore, further added, "We are currently investigating whether the P2X7 biomarker can also differentiate borderline and precancerous lesions of the bladder, as was found to be the case in our studies of borderline and precancerous lesions of the uterine cervix and endometrium."
Dr. George Gorodeski, director of CytoCore's Scientific Advisory Board, explained that the P2X7 protein and mRNA had shown the ability to differentiate normal and cancer tissues both in uterine and urinary samples. "The reason could be that epithelia of the reproductive and urinary tracts arise from common embryonic sites and therefore may share common biological behavior and susceptibilities for the development of cancer. Statistical evaluation of the data revealed sensitivity and specificity rates of greater than 96 percent," stated Dr. Gorodeski.
These results confirm similar data, published recently in the American Association Cancer Research journal "Cancer Epidemiology Biomarkers & Prevention," that found the P2X7 biomarker highly effective in identifying endometrial and cervical cancers in women (see link at: http://cebp.aacrjournals.org/cgi/content/abstract/15/10/1906).
"Our findings, based on surgical tissue specimens taken from bladder cancer patients, are supported by the biology of the P2X7 marker, which is an apoptotic factor and suggests a causative relationship with cancer development," Dr. Gorodeski said. "We are further involved with validating these results and we plan to test an assay for early bladder detection in upcoming clinical trials."
CytoCore is currently in clinical trials and development with a range of screening, diagnostic and treatment products related to the P2X7 marker and its efficacy in the identification of pervasive reproductive cancers.
CytoCore develops cost-effective cancer screening systems, which can be utilized in a laboratory or at the point-of-care, to assist in the early detection of cervical, endometrial, and other cancers. The InPath(TM) System is being developed to provide medical practitioners with highly accurate, low-cost, cervical and uterine cancer screening systems that can be seamlessly integrated into existing medical models. More information is available at: www.CytoCoreInc.com
Dr. George Gorodeski has a significant financial interest in this research consisting of equity and salary as consultant and Director of the Scientific Advisory Board of CytoCore. Dr. Gorodeski's invention licensed to CytoCore may generate royalty income for Dr. Gorodeski, for University Hospitals of Cleveland, and for CASE University.
Certain statements in this release are forward-looking. These statements are based on CytoCore's current expectations and involve many risks and uncertainties, such as the company's inability to obtain sufficient financing, the possibility that clinical trials will not substantiate CytoCore's expectations with respect to the InPath(TM) System, and other factors set forth in reports and documents filed by CytoCore with the Securities and Exchange Commission. Actual results may differ materially from CytoCore's current expectation depending upon a number of factors affecting the Company's business. These factors include, among others, risks and uncertainties detailed in the Company's periodic public filings with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10-K for the year ended December 31, 2005. Except as expressly required by law, CytoCore undertakes no obligation to publicly update or revise any forward-looking statements contained herein.
SOURCE: CytoCore, Inc.
Communications & Business Development Consultant on behalf of CytoCore, Inc. Gene Martineau, 212-348-1880 ebm*interport.net or SIPR Leslie McCarthy, 650-400-4547 Leslie*sipr.com
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Global General Technologies Expands Southeast Asia Operations with Joint R&D Efforts with Top Private India University
Business Wire "US Press Releases "
MIAMI--(BUSINESS WIRE)--
H7 Security Systems, a wholly-owned subsidiary of Global General Technologies, Inc. (OTCBB: GLGT), announced today that it has reached agreement with Lovely Professional University (LPU) for the R&D OR Advanced video bandwidth technologies and other related areas. This technology will used in conjunction with the Silent Soldier and be focused upon command and control operations.
Stephen Miller, President of H7 Security Systems Inc., commented that the opportunities in this region of the world combined with H7's strategic business operations should provide the company with increased business opportunities. In addition to his on current going efforts, "this partnership will lead to the most advanced video management system for high end security products." LPU's Chancellor Mittal stated the university is excited about focusing top research students into new video techniques and capabilities.
About LPU:
LPU is the largest private University in India. Currently has 8000 students and 2000 graduate students. The university is located in Punjab in the Northern part of India.
About Global General Technologies, Inc.
Global General Technologies, Inc. trades on the OTC Bulletin Board under the symbol GLGT. Through its wholly-owned subsidiary H7 Security Systems, Inc., the company designs, implements and maintains homeland and international security systems with a primary focus on perimeter protection for high value facilities. For more information about Global General Technologies, Inc., please visit its website at http://www.globalgeneraltechnologies.com.
Information included in this news release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995 ("Reform Act"). Such statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause the actual results and performance of the Company to differ materially from any expected future results or performance, expressed or implied, by the forward-looking statements. In connection with the safe harbor provisions of the Reform Act, the Company has identified important factors that could cause actual results to differ materially from such expectations, including operating uncertainties, uncertainties relating to economic issues and competition. Reference is made to all the Company's SEC filings, including the Company's Reports on Forms 10K, 10Q and other periodic reports.
Source: Global General Technologies, Inc.
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posted
CKYS (.0335) Prepares to Launch New Multilingual Website and Increase International Presence Dec 4, 2006 8:30:00 AM
ST. GEORGE, UT -- (MARKET WIRE) -- 12/04/06 -- CyberKey Solutions, Inc. (PINKSHEETS: CKYS) is pleased to announce that its website (www.cyberkeysolutions.com) will soon be available in French, German, and Spanish. The Company has recently established relationships with several major European cellular and automobile manufacturers. The upcoming addition of multiple languages reflects CyberKey's transition from a US solutions provider to a global competitor.
CyberKey Solutions' website is currently only available in English, but the revised multilingual descriptions will open new lines of communication with international customers. CyberKey Solutions also plans to include several languages beyond the initial English, French, German, and Spanish. The Company anticipates having the new, multilingual site fully operational by the end of the year.
"This is an amazing opportunity for us to reach out to an international market that is demanding the secure solutions that we can provide. We have been gathering a tremendous amount of information about the foreign need for secure USB technology and we are now poised to reach out to worldwide marketplace," stated Jim Plant, CEO of CyberKey Solutions, Inc.
CyberKey Solutions, Inc. recently announced that the Company will participate as an exhibitor at the 2007 International CES January 8-11, in Las Vegas, Nevada. The International Consumer Electronics Show is the world's largest annual tradeshow for consumer technology and America's largest annual tradeshow of any kind. CyberKey Solutions will be displaying their secure technology at Big Apple Consulting USA's Booth #70051 at the Sands Expo and Convention Center.
About CyberKey Solutions, Inc.:
CyberKey Solutions, Inc. is currently fulfilling a $25 Million purchase order to various segments of the U.S. Government. CyberKey Solutions, Inc., based in St. George, Utah, partners with industry leading manufacturers and distributors to deliver secure USB drive based solutions to vertical markets and content owners, service providers and resellers. CyberKey's solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications. For more information, please visit CyberKey's website at http://www.cyberkeysolutions.com.
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any 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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posted
CBCL (.0005) Announced Today Its Subsidiary AireWire, Inc., Has Released Its Remote Management Service
PR Newswire "US Press Releases "
SAN DIEGO, Dec. 4 /PRNewswire-FirstCall/ -- CyberTel Capital Corporation (OTC Bulletin Board: CBCL) announced today the release date of AireWire's remote management service. Called AireWire RMS, the service will provide monitoring, performance and capacity management information to next generation wireless service providers. The system will provide unique capabilities for wireless customers allowing them to manage performance and capacity metrics of their WiMAX radio networks.
"You can't manage what you can't see," states Walt Henley, President of AireWire, Inc. "Our RMS will provide visibility into WiMAX, WiFi, cellular, fiber and legacy networks enabling operators to get ahead of service assurance issues using the latest monitoring technologies."
After a successful pilot program with a wireless service provider in the Southeastern US, AireWire RMS is planned to be released for production customers in the 1st Quarter of 2006.
About AireWire, Inc.
AireWire, Inc. provides support for business development including the people, processes and technologies required to successfully deploy and operate networks of all kinds. AireWire also provides business planning, development, engineering and deployment assistance from a base of experienced consultants across multiple disciplines. More information on AireWire, Inc. can be found by visiting its web site at www.airewire.com.
About CyberTel Capital Corporation
CyberTel Capital Corporation is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. CyberTel trades on the OTC Bulletin Board under the ticker symbol CBCL.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of CBCL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future CBCL actions, which may be provided by management, are also forward-looking statements defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the CBCL to materially differ from any future results, performance, or achievements expressed or implied by such forward- looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and CBCL has no specific intention to update these statements.
SOURCE CyberTel Capital Corporation
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CBAY(E) (.0435) Completes $24.5M Acquisition of Residential Lease Property Portfolio in Las Vegas, Nevada Dec 4, 2006 9:01:00 AM Copyright Business Wire 2006
CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY): Cal-Bay International Today Announced The Completion & Close Of Escrow For The $24.5M Residential Rental Property Portfolio Of 54 Homes In Las Vegas, Nevada.
Cal-Bay International's Management today announced the closing of the 54 single family home residential property portfolio acquisition in Las Vegas, Nevada.
The portfolio of single family homes has an appraised value in the region of $24.5M and is currently approximately 91% leased. This adds over $1.1M in reported revenue to Cal-Bays current rental portfolio. The homes are primarily located on the SW side of Las Vegas and are mostly under 5 years old.
Las Vegas residential property values are currently increasing at approximately 10% per annum and the rental/lease markets in the area are very strong.
At the time of closing Cal-Bay has a cash equity position of approximately $1.5M based upon the appraised closing price.
Cal-Bay plans to file an 8-K Statement this week detailing the terms of the acquisition.
Cal-Bay now owns 55 Residential properties in Las Vegas, and is currently in negotiation for an additional major residential development property in Nevada.
Roger Pawson/President & CEO
FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking 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, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.
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Citadel Security Software Receives Shareholder Approval for Sale of Substantially All of Its Assets to McAfee
Monday , December 04, 2006 07:30ET
DALLAS, Dec 04, 2006 (BUSINESS WIRE) -- Citadel Security Software Inc. (OTCBB: CDSS) announced today that it has received shareholder approval to proceed with the sale of substantially all of its assets to McAfee, Inc. (NYSE: MFE). The Company previously announced that it had signed a definitive agreement to sell substantially all of Citadel's assets for approximately $56 million in cash plus an estimated $4 million in working capital reimbursement. The proposed transaction is expected to close in the fourth quarter of 2006, subject to satisfaction of all of the closing conditions in the definitive agreement.
About Citadel
Citadel Security Software Inc. delivers security solutions that enable organizations to manage risk, reduce threats and enforce compliance with security policies and regulations. Citadel's proven architecture provides a business process to manage the increasing volume, frequency and complexity of cyber security attacks. Citadel combines the world's largest active library of remediations spanning all classes of vulnerabilities with a proven delivery methodology to dramatically streamline vulnerability management and security compliance and provide ROI from the first use. Citadel solutions are used across the U.S. Department of Defense, at the U.S. Department of Veterans Affairs, the U.S. Department of Energy, MCI, Raytheon and within other government and commercial organizations. For more information on Citadel, visit http://www.citadel.com, or call 888-8CITADEL.
Forward-Looking Statements
This press release contains forward-looking statements based on current Citadel management expectations. Those forward-looking statements include all statements other than those made solely with respect to historical fact. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These factors include, but are not limited to, (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the asset purchase agreement; (2) the outcome of any legal proceedings that may be instituted against Citadel and others following announcement of the asset purchase agreement; (3) the inability to complete the proposed transaction due to the failure to satisfy conditions to McAfee's obligations to close; (4) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the transactions; (5) the ability to recognize the benefits of the asset purchase transaction, including without limitation the risk that the amount of the proposed distribution to Citadel's common stockholders could be reduced based on uncertainties related to the amounts of taxes, liabilities, wind down expenses, indemnification obligations or transaction expenses; (6) the amount of the costs, fees, taxes, expenses and charges related to the transactions; and (7) the matters disclosed in the "Risk Factors" sections of the most recent SEC filings by Citadel. Many of the factors that will determine the outcome of the subject matter of this press release are beyond Citadel's ability to control or predict. Citadel undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Citadel Security Software Inc.
Media: Citadel Security Software Inc. Robert Humphrey, 214-750-2438 rhumphrey*citadel.com or Investors: CEOcast, Inc. Daniel Schustack, 212-732-4300
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DMTN (.04) With Over $50M in Proposed Contracts, D Mecatronics is Looking Forward to Record Growth and Revenues
PrimeZone "PrimeZone "
MISSISSAUGA, Ontario, Dec. 4, 2006 (PRIME NEWSWIRE) -- D Mecatronics Inc. (Pink Sheets:DMTN) designs, manufactures, and markets industrial and consumer products. Through independent subsidiaries we provide state-of-the-art automation technology solutions to enable customers to dramatically accelerate time-to-market and increase revenue.
D Mecatronics Inc. is pleased to announce that it has issued over 50,000,000 dollars in proposed work for the next year.
"Recent developments with large Automotive Tier 1 businesses and their suppliers (one of which is of the world's largest auto parts manufacturer and a fortune 500 company and ranks among Fortune Elite) make us quite confident we will reach our sales goals as projected in our business plan," said Drasko Karanovic, CEO of D&R Technology, Inc. "The organization has seen tremendous growth in all facets from revenues to the addition of corporate staff that will lead us into the future, and as we head into 2007 we are looking forward to record growth as well as record revenues."
Dino Jr. Paolucci (Vice President/Director) commented, "D Mecatronics has true potential for substantial revenue growth in 2007, 2008 and 2009, as the Company continues to bring its innovative automation products to a market, which demands continue to grow exponentially year after year. D Mecatronics has a very accomplished and committed management team that is well connected and focused on major success for the company and maximizing shareholder value, which I believe will be the key in proving profitable for many years to come."
As the company continues to increase revenues, a portion of funds will be allocated to expedite the company's product development schedules, strategic partner initiatives and expansion into markets outside of North America.
About D Mecatronics Inc.
D Mecatronics Inc. is a recognized technology pioneer and market leader in the area of Engineering, Design and the Manufacturing of automated solutions for the Automotive Industry and is rapidly becoming one of the world's leading providers of automated manufacturing solutions, which are used primarily by three of the top ten Tier 1 automotive part suppliers in the world. The Company also makes precision components and tooling using its own custom-built manufacturing systems, process knowledge and automation technology.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
CONTACT: D Mecatronics Inc. Dino Jr. Paolucci, Director of Public Relations (905) 625 -5111 Cell: (905) 399 -9814 dinopaolucci*rogers.com www.dmecatronics.ca
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PRVHE (.034) Subsidiary Signs LOI to Acquire Grocer Enterprise
Market Wire "US Press Releases "
LOS ANGELES, CA and HO CHI MINH CITY, VIETNAM -- (MARKET WIRE) -- 12/04/06 -- Providential Holdings, Inc. (OTCBB: PRVHE) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that its majority-owned subsidiary Provimex, Inc. has signed a letter of intent to acquire Grocer Enterprise, Inc., a supermarket serving multi-ethnic communities in Southern California.
The closing of this transaction, scheduled to occur by the end of 2006, is subject to satisfactory due diligence review and the signing of a definitive agreement by both parties.
David Le, president and CEO of Provimex, said, "We intend to use Grocer Enterprise as a platform to acquire and consolidate stand alone supermarkets that serve multi-ethnic communities in California and eventually in other states. Provimex will complete the financial audits and file a registration statement to become a separate fully reporting public company to create value and liquidity for shareholders who have received our Provimex share dividends in the past."
As the majority shareholder, Providential Holdings expects to consolidate approximately $5.2 million from Grocer Enterprise's annual revenues following the completion of the contemplated transaction.
About Provimex
Provimex, a Providential Holdings company, is an international market development company that focuses on international trade, foreign-based manufacturing development, real estate development and educational training for developing countries. Provimex was founded to create and execute new ideas with an international team of trading experts, market specialists, technologists, attorneys, economists, educators and financial executives to respond to the explosive growth in international markets today. For more information, visit http://www.provimex.us.
About Providential Holdings, Inc.
Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and independent energy. The company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. As part of its activities in Vietnam, Providential has been hosting seminars in conjunction with the Nasdaq Stock Market, the Vietnamese Chamber of Commerce and Industry and a leading U.S. investment banking firm to help Vietnamese companies go public and raise capital through the U.S. financial markets. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investor Relations Contact: Hawk Associates, Inc. Frank N. Hawkins, Jr. or Julie Marshall Phone: (305) 451-1888 E-mail: Email Contact
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FNIX (.0035) VoiceIn Included in New Delta Force - Black Hawk Down: Team Sabre Video Game from NovaLogic
Business Wire "US Press Releases "
SALT LAKE CITY--(BUSINESS WIRE)--
Fonix Speech, Inc., a wholly owned subsidiary of Fonix Corporation (OTC BB: FNIX) specializing in embedded speech interfaces for mobile devices, handheld electronic products, video game systems and processors, announces that NovaLogic, Inc., a global entertainment software developer and publisher, released the PlayStation(R)2 version of Delta Force(R) - Black Hawk Down(R): Team Sabre featuring Fonix VoiceIn(TM) Game Edition -- Fonix's award-winning voice recognition for video games. Delta Force - Black Hawk Down: Team Sabre is the second NovaLogic title to ship with Fonix voice technology.
"NovaLogic maintains our commitment to providing players with exciting, cutting-edge gaming experiences," said Lee Milligan, President of NovaLogic. "Fonix voice recognition adds a fun, realistic component to the Black Hawk Down series. Fonix VoiceIn nicely complements our development strategy to immerse players in a multi-sensory experience with real-time, adrenalin-pumping action."
"Fonix applauds the way NovaLogic uses next-generation technologies to up the ante with their new games," said Tim K. Hong, VP of Fonix Games. "Their military games are renowned for their intensity and realism, and Fonix voice recognition adds to the excitement and sense of control for players. We are pleased to be featured once again in this prestigious series."
For more information about Fonix VoiceIn Game Edition, call (801) 553-6600 and say "games."
About NovaLogic
Founded in 1985, NovaLogic Inc. is a developer and global publisher of games for the PC, PlayStation(R), PlayStation(R)2 and PlayStation(R)3 computer entertainment systems from SONY, and Xbox(R) and Xbox(R) 360(TM) video game systems from Microsoft. Based in Calabasas, California, NovaLogic's development group relentlessly strives to bring gaming technology to the next level. Key game franchises include Delta Force(R), Delta Force(R) - Black Hawk Down(R), Joint Operations(R), Comanche(R) and F-22 Lightning(R). For more information, go to www.novalogic.com.
About Delta Force - Black Hawk Down: Team Sabre
Black Hawk Down: Team Sabre continues the Delta Force franchise with intense combat that includes two all new single-player campaigns as well as new weapons, squad commands and characters. To further enhance the playing experience, Delta Force - Black Hawk Down: Team Sabre contains the largest multiplayer combat for the PlayStation(R)2 system, with up to 32 players online in seven unique game types.
About Fonix VoiceIn(R) Game Edition
Fonix VoiceIn allows game developers to add voice recognition to videogames without needing to develop specific speech technology expertise. Fonix's simple, cross platform tools for Xbox(R), Xbox(R) 360, PlayStation(R)2 and PC game consoles make it easy for any game developer to implement the technology. The result is an interesting new game interface on the cutting-edge of innovation. For more information, call (801) 553-6600 and say "games."
About Fonix
Fonix Corporation (OTC BB: FNIX), based in Salt Lake City, Utah, is an innovative speech recognition and text-to-speech technology company that provides value-added speech solutions through its wholly owned subsidiary, Fonix Speech, Inc., currently offering voice solutions for mobile/wireless devices; interactive videogames, toys and appliances; computer telephony systems; the assistive market and automotive telematics. Fonix provides developers and manufacturers with cost-effective speech solutions to enhance devices and systems. Visit www.fonix.com for more information, or call (801) 553-6600 and say "Sales."
Statements released by Fonix that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
"Xbox" and "Xbox 360" are registered trademarks of Microsoft Corporation in the United States and/or other countries. "PlayStation" is a registered trademark of Sony Computer Entertainment Inc.
Source: Fonix Speech, Inc.
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BPWW (.04) Receives Second Purchase Order to Provide Wallcovering for Bloomingdale Stores
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 12/04/06 -- Big Apple Worldwide, Inc. (PINKSHEETS: BPWW) announced today that their wholly owned subsidiary, Big Apple Wallcovering, Inc., has received a second purchase order to furnish custom wallcoverings for Bloomingdale's stores throughout the U.S. The company received the initial Bloomingdales purchase order in July 2006 and the latest is part of an ongoing project for Big Apple Wallcovering.
Bloomingdales has 36 stores nationwide with annual sales of $1.9 billion. A division of Federated Department Stores, it was founded in 1872 and currently operates stores in California, Florida, Georgia, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Pennsylvania and Virginia.
"This agreement continues to bring tremendous exposure to the Big Apple Wallcovering name. We look forward to adding our custom designs to their stores throughout the country," stated Neal Jablon, President of Big Apple Wallcovering, Inc.
Big Apple Worldwide, Inc. is in the midst of pursuing prospects gained from their successful showing at the recent International Hotel/Motel and Restaurant show in New York. The company looks forward to informing the public on subsequent developments.
About Big Apple Worldwide, Inc.:
Big Apple Worldwide, Inc. (www.bigappleworldwide.com) is a holding company focused on serving the hospitality and leisure market. Big Apple Wallcovering, Inc. (www.bigapplewallcovering.com) is a wholly owned subsidiary of Big Apple Worldwide and has inspired the Architecture and Design community with cutting-edge design and the manufacturing of architectural wallcovering and fabrics for hospitality, private offices and commercial interiors. Big Apple Worldwide, Inc. also recently purchased Elabrient Surfaces, www.elabrientsurfaces.com, which is a commercial interior design development and manufacturing company specializing in commercial wallcovering. Big Apple Travel, Inc. (www.bigappletravel.com), a wholly owned subsidiary of Big Apple Worldwide, Inc., is a full service travel agency and features a next generation travel salon in Orlando, Florida.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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AQUA (.02) Signs Letter of Intent to Acquire Citation Publishing
Market Wire "US Press Releases "
RANCHO CUCAMONGA, CA -- (MARKET WIRE) -- 12/04/06 -- AquaCell Technologies, Inc. (PINKSHEETS: AQUA) has signed a letter of intent to acquire Citation Publishing, Inc. (www.citation.com) an industry leader in web hosted information technology. Under the terms of the agreement, AquaCell will acquire Citation for 21 million shares of AquaCell Technologies stock, which the parties have agreed to value at $1.00 per share. Citation's President Kevin Spence will become AquaCell's President and Chief Financial Officer.
"Citation has developed a revolutionary platform that can be greatly expanded to serve a far-reaching diverse client base," said Kevin Spence, former Executive Vice President and Chief Financial Officer of US Filter, a Fortune 500 company. "Being acquired by AquaCell gives us the ability to access the public markets to facilitate more rapid growth and gain exposure in the marketplace."
Citation's proprietary information technology platform allows the company to create and maintain state-of-the-art content specific web portal products. Its flagship portal product is CyberRegs(TM), which provides subscribers with the single-most preeminent online compliance library of environmental, health, safety and transportation regulations in a user-friendly format.
Thousands of professionals have made CyberRegs(TM) their number one choice for regulatory compliance documentation. Subscribers to CyberRegs include business professionals from Fortune 500 companies, consulting firms and other organizations.
Citation is currently developing proprietary portals for various Standard Development Organizations and has teamed with such powerful brand names as Aspen Publishing and Essential Information Systems (ESS). In 2005, Citation entered into an agreement with Information Handling Services (I.H.S.), a NYSE traded company, to market its CyberRegs product.
During Mr. Spence's tenure with US Filter, annual revenues increased from approximately $25 million to nearly $4.5 billion before being acquired in 1999 by Vivendi S.A. Mr. Spence oversaw a series of public offerings in the equity markets, raising more than $500 million in equity and $1.5 billion in debt financing.
The acquisition is expected to be finalized by the end of the year subject to a waiver of a third-party's right of first refusal, which if invoked would provide AquaCell with a breakup fee.
About Citation
Citation (www.citation.com) is an Internet publisher of government information of interest primarily to Environment, Health and Safety (EH&S) compliance professionals. It is the creator of the CyberRegs(TM) website, a highly capable but user-friendly interface to a large library of government documents. These include United States national documents, of all 50 states, and documents from 20 other countries.
The Citation document library primarily contains EH&S documents, and in some areas (especially United States national documents), coverage is more comprehensive. The CyberRegs product adds value to the documents in the document library by highly advanced search capabilities, including searching for state documents that are similar to portions of U.S. federal (CFR) documents, precise change identification, and customer driven document management features.
Citation combines cost savings and a superior product into a compelling value proposition for EH&S professionals.
About AquaCell Technologies, Inc.
AquaCell Technologies, Inc. is based in Rancho Cucamonga, CA. Its AquaCell Media, Inc. subsidiary installs its patented self-filling Aquacell 1000 Bottled Water Cooler Systems free of charge into various locations, including retail establishments. AquaCell Media retains ownership of the coolers, and revenue is generated through "Coolertising" -- the sale of targeted advertising on the band of the cooler's permanently attached five-gallon bottle, for the promotion of products and/or services pertinent to the demographics and location, similar to the concept of billboard advertising.
Safe Harbor. Statement Under the Private Securities Litigation Reform Act of 1995.
Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Forward-looking statements include, but are not limited to, statements about: our ability to continue relationships with customers; our ability to offer our products at competitive prices; and our ability to use the most current technology for our products.
Contact: Karen Laustsen AquaCell (909) 987-0456
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SPSY (.07) Announces Plans for Expansion of Its Successful WREEM Line of Ordnance Products
Market Wire "US Press Releases "
CLEARWATER, FL -- (MARKET WIRE) -- 12/04/06 -- Space Propulsion Systems, Inc. (PINKSHEETS: SPSY), a Company specializing in the development of New Generation solid rocket propellants that will provide improved safety and performance for use in both the commercial and military aerospace industries, has recently announced plans for development of a line of ordnance products for military and commercial uses based on the Company's patented WREEM ordnance product.
WREEM (Water Repellant Elastomeric Explosive Material), unlike the Company's patented MFC-based solid rocket propellants, is a plastics explosive-like material which can not only be used as explosives, but also as a rocket propellant in small arms such as mortars and shoulder-fire rockets. The WREEM product has been exhaustively tested by two outside independent laboratories, and meets or exceeds performance standards of competitive products such as JA-2 (Primex Technologies/Aerojet) and Bullseye Powder (Alliant Techsystems). Unlike these competitive products, WREEM has superior physical properties -- it can be cast or machined into plastic-like sheets of various thickness and shapes, and is also water repellant.
An SPS spokesperson stated that "Pro Forma projections for revenues generated from this original WREEM product alone are expected to be significant for the Company once commercialization is begun and the market established. However, the basic structure of WREEM allows the Company to make substantial further improvements in the performance of this product, as well as improve the manufacturing process, by application of the Company's core, environmentally friendly, Supercritical Fluids processing technologies. This would significantly expand the market share of this product line into other areas of the lucrative commercial and military ordnance markets." SPS plans to begin this product expansion immediately upon availability of SPS's new facility.
SPS is the owner of a process patent for the manufacture of a New Generation of advanced performance rocket propellant using supercritical fluid technology and a patent related to the manufacture of WREEM homogeneous propellants. Its stock trades over-the-counter via the Pink Sheets under the symbol SPSY.pk. Its web site is www.sps.aero.
Safe Harbor:
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
Contact: KD Everton Space Propulsion Systems, Inc. Phone 727 524 8808 Fax 727 524 1617
4707 140th Ave N Suite 303 Clearwater, FL 33762-3840 Email: admin*sps.aero
SPSY (.07) Successfully Removes US Government Secrecy Orders Placed on Key Company Propulsion Technologies
Market Wire "US Press Releases "
CLEARWATER, FL -- (MARKET WIRE) -- 12/04/06 -- Space Propulsion Systems, Inc. (PINKSHEETS: SPSY) is pleased to announce that the Patent and Trademark Office of the Department of Commerce has rescinded the Secrecy Orders that had been imposed with respect to both its WREEM homogeneous propellant and the Supercritical Fluids fabricated Micro Fuel Cell composite rocket propellant in the light of guidance provided by US defense agencies. Secrecy Orders are imposed on new inventions or processes when information related to them is considered to be "detrimental to national security." The Secrecy Orders had been imposed by the Patent Office upon advice of the United States Air Force following its review of the patent applications.
An SPS corporate official stated: "We unreservedly support the US Government and Department of Defense in controlling the distribution of technical information or products that would jeopardize National Security. However, we found after several years of trying to work under the restrictions of the Secrecy Orders, that the limitations on our business and technical activities imposed by these orders were preventing the company from developing the very products that the government feels are of vital importance. Although SPS intends to work with the US Government in any way required to protect this technology, SPS believed that the Company needed to develop this technology for the sake of the US, the stockholders of SPS, and the Company. SPS therefore requested our patent attorneys to petition the US Government to rescind the Secrecy Orders on these products. It took over a year, but SPS was finally successful in this effort."
SPS is the owner of a process patent for the manufacture of a New Generation of advanced performance rocket propellant using supercritical fluid technology and a patent related to the manufacture of WREEM homogeneous propellants. Its stock trades over-the-counter via the Pink Sheets under the symbol SPSY.pk. Its web site is www.sps.aero.
Safe Harbor:
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the US Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
Contact: KD Everton Space Propulsion Systems, Inc. Phone 727 524 8808 Fax 727 524 1617
4707 140th Ave N Suite 303 Clearwater, FL 33762-3840 Email: admin*sps.aero
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VXBX (.0105) Provides Info About Its Acquisition Target, Software Company, Talon Corporation; Including Info on Talon's Recent Supercomputer Installation for the New York Transit Authority Dec 4, 2006 7:15:00 AM
VANCOUVER, BC -- (MARKET WIRE) -- 12/04/06 -- VoxBox World Telecom, Inc. ("VoxBox" or "Company") (PINKSHEETS: VXBX) today provides more information on its acquisition target, Talon Corporation (www.taloncorporation.com) ("Talon").
The following are some of the highlights of Talon Corporation:
-- Talon builds the software that makes supercomputers and networks run faster and telecommunications more business efficient. Talon has maintained a lead in both the Supercomputing and Networking arenas.
-- Talon recently completed a quality revenue generating software/hardware installation for the New York Transit Authority for arguably the largest construction project in North America. The installation was the deployment of a supercomputer to test feasibility in the multiple year long design phase of the Subway Project in New York.
-- Talon is currently completing the first phase of development for an innovative cost effective data backup application for longtime client Data Assure.
-- Talon will continue the development project contracted at the beginning of this year for software that tests the various factors of silicon chips.
-- Talon's NimbusOS is the most secure and fastest Supercomputing Operating System developed and available today.
-- A good portion of Talon's clients and upcoming client projects are from the areas of education, government, military and Fortune 500.
-- Talon generates revenues from the following main lines of business:
-- Supercomputer software and hardware sales and service contracts
-- Software development
-- Licensing royalties from various intellectual property rights
The Company feels Talon is a business that has immense revenue and profit potential that creates a great outlook for potential earnings and increases in shareholder value. The Company looks forward to announcing more developments as they occur and more information about Talon as the transaction reaches key milestones.
The Company recently entered into a Letter of Intent to acquire Talon. Although the Company is confident in its plan to move towards a closing of this targeted acquisition, no assurance can be given that the Company will enter into a definitive agreement with Talon or that the Company will be able to fulfill its obligations under the planned definitive agreement.
All trademarks, trade names, and service marks mentioned herein belong to their respective owners. This release contains forward-looking statements that involve risks and uncertainties. Statements in this news release, other than historical data, are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors uncontrollable by the company. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.
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NEOM (.058) Gavitec Signs 6-figure Contract with Germany's No. 2 Outdoor Ad Firm; Develops Innovative Mobile Phone-Based Billboard Monitoring System
M2 "Press Wire "
M2 PressWIRE - December 4, 2006 - FORT MYERS, Fla., USA, and Aachen and Coblenz, Germany - Gavitec AG - mobile digit, a subsidiary of NeoMedia Technologies Inc. (OTC BB: NEOM) and a leading provider of mobile technologies and marketing solutions, has been contracted by awk Aussenwerbung GmbH to develop a mobile order-management and control system based on its groundbreaking Lavasphere technology.
The system, using standard camera phones functioning as mobile data recorders, will quickly provide awk's bill-posting staff with the information needed on its rounds. The phones also function as optical code readers and provide real-time information about billboard placement and condition to the awk resource planners. The awk field staff will be able to collate the codes on the advertising subjects with the location codes on the billboards, simply by using a camera phone. Photos documenting the condition of the advertising, along with other relevant information, will be automatically forwarded to the back-end server and to awk's resource management for further processing.
"This new system is designed to help Germany's second-largest outdoor advertising company set new standards in order and quality management, and greatly improve flexibility in placing and monitoring outdoor advertising for their clients," said Dr. Christian Steinborn, managing director of Aachen-based Gavitec AG - mobile digit.
"We are delighted to provide awk with a process-optimised system that powerfully demonstrates our synthesis of mobile- phone and code-reader technologies," said Dr. Steinborn in commenting on the new contract, which he said had a value in six figures. "By using cost-effective mobile phones, we have an ideal solution for equipping large numbers of field staff with an efficient tool for planning and documenting. In the near future, we expect a strong increase in demand for mobile-phone- based control solutions, especially in out-of-home media.
Joachim Kleinhans, managing director of awk Aussenwerbung GmbH, said, "Controlling our inventory via mobile phone puts us in a position to monitor our approximately 45,000 large billboards throughout Germany in a quick and cost-effective manner, and to inform our customers of the status of their campaigns at any time. Changes to bill-posting contracts can be implemented by mobile phone, even at short notice.We can co-ordinate poster advertising and keep it up- to- date in a way that is only now possible."
The monitoring and control system being developed for awk is the latest application of Gavitec's Lavasphere technology. Using specialized software, readily available camera phones are transformed into code readers which can read postage-stamp sized two-dimensional data-matrix codes simply by aiming the phone's camera at them. Real-time data transfer via GPRS automatically compares information with a central database.
Gavitec's Lavasphere technology drives new ways of linking the physical environment to digital databases via mobile phone networks. Mario Jou en, CTO of Gavitec AG - mobile digit, explained that "Order management by mobile phone is just one of the many creative applications of Lavasphere. Optical code reading will soon be one of the standard mobile phone applications and will play an important role in various applications in corporate and customer communications."
About Gavitec AG - mobile digit
Gavitec AG - mobile digit, a NeoMedia Technologies company (OTC BB: NEOM), is a leader in technology provision for code-reading systems and software for mobile applications. Founded in 1997, Gavitec offers its clients standardized or individual solutions in the areas of mobile marketing, mobile ticketing, mobile couponing and mobile payment systems. Gavitec has received the Ericsson Mobile Application Award (the "Oscar" of the mobile industry) and two technology awards from the U.K.'s Royal Television Society, in combination with Hewlett-Packard and the British Broadcasting Corporation (BBC). Serving a pan-European and, increasingly, a worldwide customer base, Gavitec has a wide range of well known customers and partners including Vodafone, Nokia, Unisys, Turkcell, McDonald's and SkiData. For more information about Gavitec, please visit www.gavitec.com.
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions through its flagship qode direct-to-mobile-web technology and ground-breaking products and services from four of the leading mobile marketing providers in the U.S. and Europe. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue -- anytime and anywhere.
NeoMedia's patented qode (www.qode.com) suite is an easy-to-use set of applications -- qode reader and qode window -- which provide One Click to Content connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode reader works with camera phones, letting users "click" on two-dimensional "smart codes" to access the Mobile Web site to which the code is linked, while qode window lets users reach the same destination by entering a key word, slogan or product name.
About awk Aussenwerbung GmbH
A leading German outdoor advertising company, Coblenz-based awkcontrols a network of attractive billboards throughout the country. Its core business is large billboards, with approximately 45,000 of the 180,000 large billboards throughout Germany controlled byawk,optimally distributed across urban areas as well as regionally. awk is particularly strong in point-of-sale outdoor advertising, and is recognized as the market leader in this segment.
This press release contains 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. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
qode is a registered trademark, and qode reader, qode window and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
((Comments on this story may be sent to info*m2.com))
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BullBear Capital Partners Makes Substantial Investment in ReelTime Rentals ReelTime Rentals, Inc. (PINKSHEETS: RLTR) announces that it has secured and finalized an agreement with BullBear Capital Partners of Texas, LLC to provide ReelTime with up to approximately $750,000 of "non toxic" financing. The capital infusion on behalf of BullBear will dramatically improve our balance sheet and give ReelTime the flexibility to better position itself as a leader in the rapidly expanding online video delivery market.
Brian Corday, Chairman and CEO of BullBear, said, "At BullBear, we invest in emerging companies that we feel have the potential, products and top quality management that can leverage our investment to help create a leader in their field of operations. The explosiveness of this marketplace and the unique position ReelTime has in it, has convinced us of the potential of this company. We believe strongly in present management and see unlimited potential beyond the PC into other media and platforms such as mobile and beyond. ReelTime's end to end delivery system (called "Intelligent Rapid Delivery System" or IRDS) has significant advantages in cost and structure over other systems in current use and the revolutionary nature of the system should allow ReelTime to quickly become the dominant player in the delivery system marketplace."
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 first DVD quality "Point, Click, and Watch" user experience available on the World Wide Web. ReelTime is providing the public the next generation of online viewing technology, designed with the built in capacity for unlimited growth. For more information, go to www.reeltime.com.
About BullBear Capital Partners
BullBear Capital Partners of Texas, LLC are investors whose goal is to help to build companies for long term success. According to *******************, "BullBear has been known to invest in companies that have produced gains in excess of 500% in a short period of time." In addition, several long term investments by BullBear Capital Partners, LLC have historically seen increases on the order of 10 to 20 times the original investment. Companies like Adventrix Pharmaceuticals, QuantRX Biomedical, and Atlas Mining have benefited by association and investment with and by Brian Corday and BullBear Capital Partners.
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.
Source: Market Wire (December 4, 2006 - 8:01 AM EST)
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SMEG (.09) Executes Letter of Intent with Radius WellCare Corporation
Business Wire "US Press Releases "
LOS ANGELES--(BUSINESS WIRE)--
StarMed Group, Inc. (OTCBB: SMEG) announced today that it has executed a letter of intent to acquire Radius WellCare Corporation. Radius develops and operates integrated medical practices, with its first prototype location in Sarasota, Florida. It provides allopathic and natural therapies in a complimentary fashion designed to enhance a physician's traditional treatment protocols, for a wide array of conditions.
It is expected that StarMed will acquire Radius and its management team through an asset purchase or merger, on the basis that the shareholders of each company will own 50% of the resulting combined entity. The transaction is subject to due diligence, the execution of a definitive merger agreement and shareholder approval.
Herman Rappaport, Chairman and CEO of StarMed Group stated, "Radius has created a prototype integrative medical center that establishes a foundation for future growth. Our belief is that integrative medicine is in its infancy, and the growth potential for our combined companies is truly spectacular. Radius WellCare's centers are specifically designed to complement a physician's traditional treatment protocols, with modalities that address underlying causes of disease rather than the symptoms. Utilizing an integrative approach, Radius combines the best of conventional medicine with functional and natural approaches to healthcare."
About StarMed Group, Inc.
StarMed is a developer of integrative wellness centers to provide a range of services, including dietician review and consultation; weight loss and diabetes management services; physical exercise consultation; physical therapy; anti-aging treatments; acupuncture treatments; doctor prescribed and personalized vitamin, mineral, and herbal regimens; skin rejuvenation and cosmetology services; female hormone therapy; pain management; food allergy diagnosis and treatment; and genome testing. StarMed Group also will market a line of proprietary over-the-counter vitamins, minerals, and other supplements under, the StarMed and Sierramed brand names on its Web site http://www.starmedgroup.com. It offers various products primarily-for the treatment of arthritis, aging eyesight, obesity, and irritable bowel syndrome. The company currently markets a proprietary starch blocker for weight loss and maintenance.
About Radius WellCare
Radius' corporate headquarters are in Sarasota, Florida. The Company plans to open additional facilities in selected cites to establish name recognition during the next five years. Once its position is recognized Radius plans to offer expansion opportunities to established medical practices that are anxious to diversify their services to meet the growing demand from the public. Radius was founded by Mr. Neil Treitman, who in addition to serving as President and Chief Operating Officer of Radius, has completed studies at Florida College of Natural Health and the St John Institute of Neuromuscular Therapies.
SAFE HARBOR STATEMENT: THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS, AND CERTAIN OTHER MATTERS, INCLUDING BUT NOT LIMITED TO, THE CREATION OF WELLNESS CENTERS FOR PATIENTS, THERE UNIQUE APPROACH TO PREVENTITIVE MEDICINE AND PERSONAL NUTRITION TO PROVIDE THERE CLIENTS A LIFETIME OF LOOKING AND FEELING BETTER AND FOR THE POTENTIAL TO BECOME A MAINSTAY IN THE U.S. HEALTHCARE LANDSCAPE WHILE OBTAINING ADEQUATE FINANCING TO ENABLE THE COMPANY TO ACHIEVE ITS GOALS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.
Source: StarMed Group, Inc.
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GOIH (.045) Comments on Business Plan and Future Company Development
Business Wire "US Press Releases "
ATLANTA--(BUSINESS WIRE)--
Global 1 Investment Holdings Corp. (OTCBB: GOIH), www.global1inc.com, changes name to Global 1 Investment Holdings Corporation to reflect new business model.
Business Model:
Our business model has not changed and the fundamentals of the company remain the same. Our near term objectives are as follows:
-- Launch the first two Reg. E Funds for $5.0 million each.
-- Acquire a business with a positive cash flow.
-- Enter into a business combination with an entity giving us the asset base to migrate to the NASDAQ Small Cap.
-- Develop Global Franchising Corp. and obtain a listing for it shares.
-- Launch the International Investment Corporation and enter into a joint venture for the development of Business Development incubators franchises in 25 major cities.
-- Raise $5.0 million in capital, equity or cash, for business development.
Entertainment Division:
Our entertainment division has developed a concept for a broadband media network in a joint venture with our Entertainment Tax Credit Fund and Global Franchising Corp. The concept will be to franchise the production of short films, thirty (30) minutes or less, for mobile wireless distribution and distribution via a high speed broadband network, Global 1 Media Network. The franchisees will be guaranteed distribution of their product via the broadband network and will share in the advertising generated by the programming.
Our Entertainment Tax Credit Fund will joint venture with a franchisee in the production costs of the programming via allocation of tax credits to cover production costs. The Apple Computer Corp. (NASDAQ:AAPL) production studio, http://www.apple.com/finalcutstudio/ and Mac Pro, http://www.apple.com/finalcutstudio/ will form the foundation of the production infrastructure. This combination is an affordable solution for the development of the broadband media network. Google, (NASDAQ:GOOG) recently acquired YouTube, with a similar business model, for $1.65 billion in stock.
About Global 1 Investment Holdings Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on Global 1 behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Source: Global 1 Investment Holdings Corp.
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DMOIE (.034) and NewMarket Technology, Inc. with $70 Million in Annualized Revenue Announce Letter of Intent to Combine WIFI Operations into Conglomerate Creating Another Listed NewMarket Subsidiary
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
NewMarket Technology, Inc. (OTCBB:NMKT) and Diamond I, Inc. (OTCBB:DMOIE) today announced plans to combine WIFI operations. The planned merger of Diamond I's WIFI operations with NewMarket's WIFI operations is a significant part of Diamond I's recently announced reorganization plans to support an overall WIFI market expansion strategy.
WIFI Expansion Strategy and NewMarket Contribution
The combined companies will consolidate WIFI technology assets and proprietary knowledge and build equity partnerships with other emerging WIFI businesses that can be leveraged to build revenue in a number of market segments. In the reorganization, Diamond I will develop subsidiary companies that concentrate on developing WIFI-specific market segments. Diamond I already has a subsidiary focused on WIFI-enabled gaming targeted for deployment on casino properties. A second subsidiary is to be formed to concentrate on bringing WIFI solutions to city municipalities. The parent company will maintain its core WIFI technology assets that can be applied to develop additional WIFI market segments through focused subsidiaries.
NewMarket Award-Winning Strategy to Develop Emerging Technology NewMarket Technology recently ranked fifth on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. This is the third consecutive year that NewMarket has been ranked on Deloitte's Technology Fast 500. NewMarket is the fastest growing company in Texas on the Fast 500 ranking and the first Texas-based company to make the Top 5 since 2001. NewMarket Technology continues to maintain a rapid growth rate with $70 million in revenue forecasted this year and $120 million forecasted in 2007.
Philip Verges, CEO and Chairman of NewMarket commented:
"The micro cap public market can be a great environment for providing development stage businesses access to growth capital. However, the increased expense of being public creates a substantial hurdle for small development stage businesses. At NewMarket, we believe development stage micro cap public conglomerates give emerging market businesses access to a great capital market while mitigating the increasing expense of being public. We also believe most technologies can be applied to multiple market segments. We are confident that the opportunity to consolidate WIFI operations with Diamond creating multiple market segment opportunities will enhance shareholder value in the combined operation."
David Loflin, Diamond I's CEO:
"NewMarket not only brings valuable WIFI assets and knowledge, but ground breaking experience in incubating emerging technology operations. I look forward to progressing further with this opportunity with NewMarket and building a multi-market WIFI conglomerate."
Diamond and NewMarket Terms
Diamond I and NewMarket have entered into a letter of intent (LOI) to combine WIFI operations. The terms of the LOI propose NewMarket's WIFI subsidiary acquiring a sixty percent interest in exchange for $2 million in preferred stock. The terms include the formation of two operating subsidiaries. One subsidiary will concentrate on developing the WIFI gaming market opportunity that is just beginning in the gaming industry. The second subsidiary will focus on developing the city municipal government WIFI market.
About Diamond I, Inc. (www.wificasino.net)
"Voice-Print" and "Finger-Print" Technologies. Diamond I, Inc. owns the rights to patent-pending voice-recognition and fingerprint biometric security technologies. These security technologies will be incorporated into Diamond I's WifiCasino GS wireless, hand-held gaming system, as well as the hand-held gaming unit to be employed by the Global Gaming Platform venture.
Diamond I, Inc. is a development-stage company that develops wireless gaming products, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino"(TM), which includes the GS2(TM), the user-friendly wireless hand-held unit. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.
With the passage of Nevada Law AB471, which authorizes the use of mobile communication devices for gaming in public areas in Nevada casinos, Diamond I seeks to secure a Las Vegas hotel/casino to serve as the demonstration site for its WifiCasino, in conjunction with its application for a gaming license in Nevada. To that end, in a letter of intent, The Palms Resort and Casino has agreed to continue to develop a working relationship relating to Diamond I's WifiCasino and, assuming Diamond I continues to meet certain standards, The Palms stated that it intends to pursue an opportunity with Diamond I. Diamond I continues to seek venues in which to establish its WifiCasino system, including other U.S. casinos and horse and dog racing facilities. Diamond I has had preliminary discussions with certain owners of cruise ships, certain owners of horse racing facilities in the United States and dog and horse racing facilities outside the United States.
About NewMarket Technology Inc. (www.newmarkettechnology.com) NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), Hyperion Solutions (Nasdaq:HYSL), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Source: NewMarket Technology, Inc.
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MGCN (.07) Subsidiary, Destination Television, Enters Affiliate Agreement with Charter Digital Media
Business Wire "US Press Releases "
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--
Magic Media Networks' (OTCBB: MGCN) subsidiary, Destination Television, entered into an affiliate agreement with Charter Digital Media, a national sales representative, with offices in New York, Chicago and Los Angeles, that specializes in digital display-marketing. Charter has rights to provide advertising sales to 2,300 Movie Gallery video stores for their on-premises Movie Gallery Television Network (MGTV). The affiliate agreement also includes Hollywood Video Stores with over 2,000 locations. The combined on-premises networks reach over 30 million visitors monthly, based on a recent Nielsen Survey for Movie Gallery.
The new advertising rights also include MJM Fantasy Sports Networks, an official licensed product of Mark Burnett Productions, and Pro Bowlers Association located in 125 sports bars and restaurant destinations including Jillian's, Fox & Hound and US Army military bases reaching over 2.5 million visitors each month.
Current advertisers on the networks include Coca-Cola, Hershey, 20th Century Fox, Anheuser-Busch, Toyota, Coors and Miller Lite.
Charter Digital's MGTV Network coverage reaches 93% of the top DMAs with 85% high school educated viewers and an average annual household income exceeding $55,000.
Destination Television will provide entertainment content for the networks and expects to obtain appropriate national advertisements creating a potential new revenue stream.
Destination Television's current affiliate networks include Wild Blue Yonder on Frontier Airlines; GETV Network at over 1,300 gaming and racing locations; the Boondoggle Sports Network in over 135 locations; and National Hotel Television Network (NHN) with five affiliates reaching over 235 hotels in the continental U.S.
Charter Digital Media intends to provide suitable advertisers to Destination Television's networks and affiliates and plans to integrate its associations and advertisers with the consortium of affiliated networks.
Gordon Scott Venters, President and CEO of Magic, said, "We're excited about the agreement with Charter and are confident that our unique brand of 'advertainment' will prove a perfect mix for Charter Digital Media's premier networks."
Terence J. Kollman, Charter's President, added, "Charter Digital Media and its networks are 100% onboard with Destination Television. Their 'advertainment' platform is a win-win-win for advertisers, ad agencies and the digital media networks."
"Safe Harbor statement" under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results, specifically in the areas of future sales growth and profitability. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
Source: Magic Media Networks
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MOBL (.089) ProGames Network Announces Addition of High-End Game Content and Search Engine on Its Website
PR Newswire "US Press Releases "
BETHESDA, Md., Dec. 4 /PRNewswire-FirstCall/ -- ProGames Network, a new gaming lifestyle site, has made available its first selection of online and mobile games on its website, http://www.progamesnetwork.com. Games include action and skill games as well as a new massive multi player role-playing online strategy game, "Infinity Empire," designed to appeal to players aged 12 to 45 across multiple cultures. The company is a subsidiary of MobilePro Corp. (OTC Bulletin Board: MOBL), a broadband telecommunications services company.
The ProGames Network website also has exclusive news feeds, articles, ****s and, the company believes, a unique, new game space search engine designed to provide focused searches for games and game content, providing the user with only the most relevant search items. The site previews a number of online and mobile games that will be added over the next few weeks.
Martin Gray, ProGames president and CEO, said, "We believe that the site sets a new standard with its rich, graphical approach. We expect original games and content will appeal to multiple types of gamers by offering new online and mobile games from the most creative and original artists and writers in the space. The visual presentation is expected to be an incredibly important element in the overall appeal of the site, but, more than anything else, we intend to provide a lifestyle experience for the gamer and create unique game communities. Our vertical search engine will provide gamers a new means of focused search that we believe will enhance gamers' knowledge and skills."
Gray also noted that "exclusive articles, ****s, information exchanges, game focused communities and our 24/7 news ticker will provide a wide range of new and interesting features on top of the new and original games we offer on an exclusive basis."
Jay Wright, chairman and CEO of MobilePro, said, "In my view, Marty and his team have done a wonderful job with this site, which we believe will only get better over time. As ProGames moves forward and adds additional content to the site over the next few weeks, we will seek out the most creative and exciting new online and mobile games available to offer our subscribers and visitors to add to the rich content selection that is now available."
The ProGames Network site was designed and developed by Doublespace, a leading New York City web design firm that is well known for its history and creativity in the entertainment and game space.
Jane Kosstrin, president and CEO of Doublespace, said, "The planning and creative branding effort stretched over several months of discussion and work. We believe the site has much to offer to the online gaming community."
About ProGames Network
ProGames Network, http://www.progamesnetwork.com, is a subsidiary of MobilePro Corp. The site is positioned to serve as a unique community-driven channel for online gamers with content, news, original games, social networking and special connectivity for online gamers.
About MobilePro Corp.
MobilePro Corp., based in Bethesda, Md., is one of North America's leading wireless broadband companies. The company serves more than 240,000 total customer lines throughout the United States, primarily through its CloseCall America, AFN and Kite Network subsidiaries. For more information about MobilePro, including investor relations information, contact Hawk Associates at (305) 451-1888, e-mail: info*hawkassociates.com, or visit http://www.mobileprocorp.com.
For investor relations information regarding MobilePro, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the company's Form 10-KSB for the fiscal year ended March 31, 2006 and its Forms 10-Q for the fiscal quarters ended June 30, 2006 and Sept. 30, 2006 for a discussion of such risks, uncertainties and other factors. These forward- looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
SOURCE MobilePro Corp.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NEOM (.055) Signs qode License Agreement with Leading U.K. Ad Agency Euro RSCG London
Business Wire "US Press Releases "
FORT MYERS, Fla. & LONDON--(BUSINESS WIRE)--
NeoMedia Technologies, Inc. (OTC BB: NEOM), an international leader in market-driven technologies, announced today that Euro RSCG London, one of the leading and fastest growing advertising agencies in the U.K., has purchased a license to use and co-market NeoMedia's flagship direct-to-mobile-web qode(R) technology.
Martin Copus, president of NeoMedia Mobile, said that NeoMedia will work with Euro RSCG London (www.eurorscglondon.co.uk) in co-marketing qode to the agency's clients.
Euro RSCG - with 223 offices worldwide -- is the major advertising agency of Havas, the French-owned advertising services group that also includes Arnold Worldwide. Euro RSCG London is the country's third largest marketing communications group, with ad agency Euro RSCG London's client list including Airbus(R), Alberto Culver(R), BMI Baby(R), Citroen(R), Disneyland(R) Resort Paris, Evian(R), Kraft(R), LG(R), News Group Newspapers (The Sun(R) and News of the World(R)), Peugeot(R) and Reckitt Benckiser(R) .
NeoMedia's qode (www.qode.com) suite of easy-to-use applications includes qode(R)reader and qode(R)window, providing One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired locations on the Mobile Web. qode(R)reader works with camera phones, letting users "click" on two-dimensional "smart codes" for a direct connection to linked mobile web sites, delivering multimedia advertising, promotion, information or other mobile content. qode(R)window lets users enter a key word, slogan, or barcode number to similarly direct-connect to a desired web site or portal on the mobile Internet.
"This license gives Euro RSCG London the right to use and market qode, our patented direct-to-mobile-web linking technology" said Mr. Copus. "Euro RSCG London is a very hot agency right now, both in growth and new business, and we believe that qode will give it even more of an edge with its existing blue chip clients, and in presentations to new business prospects."
Mr. Copus said qode will be positioned and presented to Euro RSCG London clients as "a strategic cornerstone, linking traditional media advertising to the multimedia 'always-on, anywhere' capability of the Mobile Internet. Euro RSCG is one of the most forward-thinking agencies in London, and it's not at all surprising that they are the first agency there to recognize the value of qode for their creatively-demanding client base."
Mark Cadman, the chief executive officer of Euro RSCG London, shared Mr. Copus's enthusiasm.
"We are delighted to be partnering with NeoMedia," Mr. Cadman said. "qode is an exciting application that gives us the opportunity to make our communications live beyond the media in which they appear and facilitates a new level of consumer engagement for advertising. It represents a great opportunity for us to make our advertising work even harder for our clients. Harnessing the potential of digital media is a central focus for Euro RSCG London."
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com) is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions through its flagship qode direct-to-mobile-web technology and ground-breaking products and services from four of the leading mobile marketing providers in the U.S. and Europe. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue -- anytime and anywhere.
This press release contains 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. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
qode is a registered trademark, and qode(R)reader, qode(R)window and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
Source: NeoMedia Technologies, Inc.
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PYPR (.0025) PANAMERSA Corporation/PayPro, Inc. and Port SAE Productions, from Barcelona, Catalunya, Spain, Signed an ''Economic Interest Association Agreement'' to Develop PORT SAE, La Fortaleza, a Tourist Theme Park Pentapolis by the Ocean Dec 4, 2006 10:52:00 AM Copyright Business Wire 2006
DALLAS & PANAMA CITY, Republic of Panama--(BUSINESS WIRE)--
Micheal Scott Terrell, President of PANAMERSA Corporation/PayPro, Inc, a US Public Company, based in Dallas, Texas, U.S.A., and "JORDI" Jorge Gimenez Huguet, author and founder of Port SAE Productions, from Barcelona, Catalunya, Spain, signed an "Economic Interest Association Agreement" ("A.I.E. in Spanish") to coordinate, to promote, to develop and to build "Port SAE, La Fortaleza" in one of PANAMERSA's operating regions, to be disclosed at a later release.
Port SAE La Fortaleza is a mega-tourist project within the industry category of "Theme Park" where all the components are located within a PENTAPOLIS, a five borough theme city including seaport and marina built in accord to a colonial styled theme of the XVI century; where, residents or visitors can feel and enjoy the sensation of living in unforgettable days of the era of fortress cities totally inspired and built in natural surroundings, mute witnesses of the History of Pirates.
Port SAE, La Fortaleza is a flagship project for all the Pan-American countries involved in such historic legacy. It is an original offering, an exclusive international undertaking based on the fantasy of living, staying, visiting and enjoying the fantasy of the "Pirate Kid" we all carry inside.
"JORDI", the author and founder said, "After traveling throughout all the different areas in the Caribbean, Central America, Panama and South America, enjoying all the natural surroundings and underwater scenarios, where this legacy was created and all this history was written in blood ... I was inspired to write the rebirth of the era, in the same historical sites where it took place ... the pirates being the inhabitants of the areas where these multiple legends of battles occurred ... and treasures that until today have not been found and are waiting."
Port SAE Productions is a Real Estate Development entity from Spain. This R.E.D. business entity is made up of professionals working with the author "JORDI" and PANAMERSA, to carry out the planning and execution of the business, legal and financial aspects of this project.
Our objective: To Coordinate, to Consolidate and to Offer a unique scenario to all those multi-national business entities that have, common goals and commercial affinity to promote their goods and services based on the legacy and history of past world pirates.
Our team of professionals have recovered and restored the archives, works of art and historic legacy about the pirates in all countries that witnessed this legacy. We have compiled all this invaluable information exposing all deeds and actions carried out by this unique breed of persons that made history. It is all documented in Paginas-Negras Archives, it can be looked at www.port-sae.comhttp://paginas-negras.com.
Port SAE, La Fortaleza...a PENTAPOLIS by the Ocean consists of 100 hectares, 247.11 acres or 1.000.018,7 m2 distributed as follows:
I.- MicroForests, forty nine (49) hectares equivalent to 490,000 m2, "A family's way to become Carbon Neutral, to save Mother Earth"
II.- The PENTAPOLIS, fifty one (51) hectares equivalent to 521,000 m2, as follows:
-- Refugios Los Proscritos: Six Hundred and Fifty (650) Condominiums distributed in five (5) design categories.
-- El Puerto: Sea Port and Marina, re-creating XVI Century theme.
-- El Fortin: a "Five Cutlass" Hotels & Casino with Four Hundred and Fifty (450) rooms, marketplace, La Hacienda y La Ermita.
-- Pirata Park: Playground and related amusement activities for collective participation.
-- Las Guaridas: Five World Class Villas for: Port Sae, La Fortaleza Sponsors.
About PANAMERSA Corporation/PayPro Incorporated:
PANAMERSA Corporation/PayPro Incorporated (Pink Sheets:PYPR) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz programs. PANAMERSA Corporation/ PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards; e-commerce merchant accounts; Life insurance policies; Gold transactions; Telephony services; Text messaging; VoIP; Micro forests properties; Real estate investment participations; Fixed and variable income Real estate properties in Costa Rica and Panama; Offshore financial services; Asset management and protection; Travel services, Leisure, Business, Health; Relocation services; and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
Source: PayPro Incorporated
----------------------------------------------
PayPro Incorporated Mike Terrell 214-774-4870
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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MODC (.06) Announces Stock-Dividend and Subsidiary Spin-Off
PrimeZone "PrimeZone "
OXFORD, Miss., Dec. 4, 2006 (PRIME NEWSWIRE) -- Modern Technology Corp (PinkSheets:MODC), a diversified technology development and acquisition company, announced today its stock dividend date and details of it planned spin-off of its subsidiary, Inmarketing Group.
Stock Dividend:
On January 5th, 2007, all shareholders of record will receive shares in Inmarketing, pro rata, to their ownership in MODC. Stockholders will retain all current ownership in MODC and will receive new shares in Inmarketing in proportion to their ownership in MODC.
Spin-Off:
On Wednesday, Nov 29, 2006, Modern Technology executed an agreement whereby Modern Technology would spin-off Inmarketing in order for it to be a stand-alone public company.
The spin-off process will be completed within 6 months from the date of execution of the agreement. MODC will cause to be filed all appropriate filings with the SEC to effect the spin-off. The spin-off will eliminate over $2,000,000 in debt and contingent liabilities: $750,000 in convertible debt and $1.21 Million convertible preferred stock. Anthony Welch, Chairman, said: "As promised, we are declaring a stock dividend, creating a new public company for stockholders and further eliminating liabilities. This transaction continues our previously announced plans for profits and debt reduction. The spin-off of Inmarketing brings our reduction of debt and other liabilities to over $3,000,000 for this year alone. These efforts allow us to focus carefully on our new operational unit, Insight Medical Group and its AnuCyte cancer detection system. Shareholders should expect regular updates on our progress as we bring this incredible new technology to market."
The company will focus its initial efforts in the following major areas of cancer diagnostics:
Prostate Cancer Diagnosis
Prostate tumors with an intermediate histological grade, which represent the majority of prostate tumors, cannot be reliably determined by current clinical laboratory methods. The AnuCyte system rapidly and accurately tests for prostate cancer. The system's results provide the only clinically useful prognostic information for patients with these intermediate grade tumors.
There are approximately 2 million men living with prostate cancer in the USA, with a growth rate of about 200,000 new cases per year. Based on these figures, the company projects prostate cancer diagnostics revenues of $12 million the first year for the market and over $50 million by the end of the third year.
Cervical cancer diagnosis
Currently, cervical cancer represents a larger market than prostate cancer with 55 million Pap smears collected in the USA annually. The company's entry into this market space will be the competition free market of 2-5 million (and rising) "ASCUS" (indeterminate) Pap smears generated annually.
The AnuCyte system is the only system in the world that measures aneuploidy in cervical smears. This measurement is an independent predictor of biological outcome and will sort out the non-cancerous cells, precancerous cells, and cancerous cells in the ASCUS slide's cell population. There is no method at present in clinical laboratories for deciding the status of an ASCUS slide. The AnuCyte system can quickly deliver comprehensive and accurate results for any ASCUS slide. This puts the ASCUS market in the USA at $200-$500 million annually. The company projects cervical cancer diagnostics revenues of $16 million the first year for the market and $50 million by the end of the third year.
Overall Cancer Diagnostic Marketplace
The worldwide market potential is unquantifiable. The 'AnuCyte Cancer Detection System' is not limited to the cancers mentioned above. The system functions for any slide preparation and delivers rapid and accurate results in all suspected cancerous samples. It must be noted that our predictions only cover the USA market. The international market is much larger and will be part of the company's initial marketing efforts alongside the USA.
About the AnuCyte Cancer Detection System
AnuCyte is the only system in the world that can detect all cancers by analyzing the single trait common to all forms of cancer. This trait is not found in any healthy cell. The system rapidly and accurately identifies cancer at any stage in its development and also identifies healthy cancer-free cells in the same test. The system is unique in the world and can be applied to any form of cell sample suspected of cancer and return a reliable test result within minutes. The system completely eliminates heretofore unreliable, subjective, and error-prone pathology diagnosis of cancer and delivers an automated and completely objective measurement of the presence or absence of cancer with the highest accuracy rate of any diagnostic technology in the world. The AnuCyte system is the first and only system in the world that can accurately detect and assess the chromosomal imbalance of cancer in any tissue sample. This ability allows the system to quickly and accurately identify both cancerous and non-cancerous cells.
The inventor of the AnuCyte system, Dr. David Rasnick, Ph.D. and his scientific research collaborator, Dr. Peter Duesberg, Ph.D., have been prominent names internationally for many years for their research and publications. Investors may wish to read a recent article in Newsweek concerning the cancer research of Dr. Duesberg: http://www.msnbc.msn.com/id/14757547/site/newsweek/
About Insight Medical Group
Insight Medical Group is a specialized biosciences development company whose mission is to bring world-changing medical technology and research to market in the areas of cancer and AIDS. The AnuCyte Cancer Detection System was invented by Dr. David Rasnick, Ph.D. The technology behind AnuCyte and the chromosomal imbalance theory is the result of 45 years of combined cancer research by Dr. David Rasnick, Ph.D. and Dr. Peter Duesberg, Ph.D., who continues his studies on cancer research at the University of California, Berkeley.
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MODC improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MODC is a fully-reporting public company with the U.S. Securities and Exchange Commission. For more information on the company's SEC filings, visit www.sec.gov. The company's web address is: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
CONTACT: Modern Technology Corp Investor Relations Anthony Welch (601) 213-3629 ir*moderntechnologycorp.com
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GLXI (.05) in Negotiations to Secure Financing for Ethanol Permits in Brazil
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 12/04/06 -- Globex, Inc. (PINKSHEETS: GLXI) today announced that is in negotiations with various parties to secure financing for the acquisition of ethanol permits in Brazil. Upon the signing of these financing contracts, Globex will proceed to sign a Memorandum of Understanding with respect to the purchase of these permits.
As disclosed on November 13, Globex is in negotiations with five Brazilian Private Organizations to acquire national ethanol permits. These organizations were selected by Globex from the numerous interested businesses and individuals that approached the Company. The organizations range from parties with a vested interest in converting biomass into energy to large-scale industrial corporations with a mandate to invest in high-technology companies with high rates of growth.
These permits will allow Globex to construct an ethanol plant in Brazil. Globex's plans, which are to build an ethanol plant that will employ its proprietary supercritical fluid (SCF) pre-treatment technology and produce ethanol by using residues from crops; wood chips; and pulp and paper, have been received favourably by the Brazilian organizations.
About Globex, Inc.
The mission of Globex, Inc. is to develop conversion technologies and methods related to the production of alternative 'green' energy. Our objectives are to become an important player in the high-growth ethanol industry and, in turn, establish a strong position in the green energy industry. Globex's goal is to capitalize on the rapid rise in the demand for ethanol that is being driven by the energy bill passed by the US Congress last year, which mandates the use of ethanol as a fuel additive rather than MBTE in order to reduce greenhouse gas emissions. In particular, the bill requires an increase in ethanol use by refiners to 7.5 billion gallons by 2012, which is nearly double the current total of about 4 billion gallons per year.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*sympatico.ca.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Globex, Inc. Michel Benoit Ph# (514) 288-8494 E-mail: Globexenergy*sympatico.ca URL: www.globexgreenenergy.com
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FCCN (.0027) Identifies First Planned Investment
Market Wire "US Press Releases "
TEMECULA, CA -- (MARKET WIRE) -- 12/04/06 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that the company has targeted its first investment under current management and an announcement that includes the details of the investment is planned for later this week.
Since new management was appointed several months ago, Franchise Capital Corporation has been focused on identifying investment opportunities that will build value for the company and its shareholders, as well as working to meet the compliance requirement for a listing on the Over-the-Counter Bulletin Board and other U.S. national markets.
"We are extremely pleased to have identified our first investment to usher in a new stage of the company's development," commented chief executive officer Steven R. Peacock. "The Board expects this investment to become the cornerstone of the company's future and looks forward to our announcement later this week."
Franchise Capital Corporation recently launched a preliminary corporate website, which is designed to be a center point for the distribution of new information to current shareholders and the public markets. Those interested in following the progress of the company can sign up on the website to receive email alerts when new information is publicly disclosed.
"We encourage shareholders to subscribe to our email alert system, so they will receive all future press releases directly from the company and will not miss any details of our investment activity," added Mr. Peacock.
To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other written material are issued, please visit http://www.franchisecapitalcorp.net.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K/A for fiscal year 2005 filed with the Securities and Exchange Commission.
CONTACT: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
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STAFFORD, ENGLAND -- (MARKET WIRE) -- 12/04/06 -- Medify Solutions (PINKSHEETS: MDFY) is delighted to today announce the final sign-off of its NHS approval phase. A statement issued today from Doncaster NHS PCT, site of the successful MedifyRemote(TM) project, confirms the news.
"We are delighted to confirm the Executive have today signed off the approval of MedifyRemote(TM) for expanded use with NHS patient identifiable data. As a non-commercial organisation, Doncaster NHS PCT have requested that all future communications regarding MedifyRemote(TM) are managed by our NHS partner Medify Solutions Limited."
The news has a huge impact for MedifyRemote(TM) and its parent company, Staffordshire-based Medify Solutions Limited, the first company globally to reach the market with a secure mobile access for patient notes.
With significant interest gained around the product, and 9 NHS Primary Care Trusts (PCT) actively involved in ordering the product ahead of today's announcement, the news from Doncaster effectively enables the system for use throughout the NHS. With a potential half a million clinical users within the National Health Service, MedifyRemote(TM) is truly at the cutting edge of eHealthcare and is set to revolutionise patient information access throughout the health service.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Medify Solutions Limited, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
For further information, contact: Press Office email: press*medifysolutions.com General email: enquiries*medifysolutions.com More information on MedifyRemote(TM) at: www.medifysolutions.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PDSC (.0009) Provides Solution for Elimination of Listeria, EcoliOH157:H7, Salmonella for Fresh Cut Prepackaged Produce Industry
Business Wire "US Press Releases "
PRESCOTT, Ariz.--(BUSINESS WIRE)--
Produce Safety & Security International, Inc. (Pink Sheets:PDSC) ("PDSC"), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, announces the availability of a PROVEN OZONE PROCESS and EPA approved Products proactive solution preventing outbreaks Food Borne Illness.
Produce Safety & Security announces a proactive solution for prevention of Food Borne Illness Outbreaks. PDSC has a cost-effective process for the removal of Pathogens Having Been identified to have caused illness and deaths from Prepackaged Produce.
Clarence Karney, CEO, states, "by using the PDSC Food Safe Process proactive approach to sanitation and disinfection for the removal of Food Borne illness Pathogens the prepackaged fresh produce industry will be able to provide complete audit trails for the processed product line. PDSC has finished a cost-effective SOP Proposal for the review of Governmental Agencies regulating the Fresh Produce Industry. This process will provide a Food Safe Product for the CONSUMER with confidence of PROTECTION."
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
PDSC's state-of-the-art ozone process has been shown to extend the shelf life and remove food-borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product, by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
For further product information, joint venture opportunities, distributorship program information, or program applications, please go to Produce Safety's website www.foodsafeint.com.
Safe Harbor Forward-Looking Statements
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Produce Safety & Security International, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Produce Safety & Security International, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
Source: Produce Safety & Security International, Inc.
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iFinix Corporation Announces Subsidiary R&B Computer Systems Entered Into an Agreement With Apollo Consulting Services Corporation Dec 4, 2006 12:20:00 PM JAMAICA, NY -- (MARKET WIRE) -- 12/04/06 -- iFinix Corporation (PINKSHEETS: INXR) announced wholly owned subsidiary R&B Computer Systems has entered into a professional services agreement with Apollo Consulting Services Corporation of Poughkeepsie, NY.
Through this initiative R&B is looking to reach out to a greater number of businesses providing technological expertise to increase the net revenue of the company. "This alliance will provide R&B with access to national and international markets and provide expanded opportunities for our leading edge technical resources. These markets will provide revenue opportunities far beyond our present reach and enable us to accelerate our revenue plan," said Craig Eckert, CEO of R&B Computer.
Mr. Rakesh Kahanna, Alliance manager for Apollo, commented, "Our alliance with R&B Computer Systems will provide additional resources for us continue our rapid expansion throughout North America."
About iFinix:
iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors, building on a 20-year legacy of delivering time-sensitive financial information, Phoenix Provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and efinix.
About R&B Computer Systems Inc.
Headquartered in New York, R&B Computer Systems Inc. is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services. Clients gain competitive advantage by leveraging our unique on-site, offsite, offshore delivery capability to achieve rapid deployment, world-class quality and reduced costs. RBCS is also known for application maintenance and development outsourcing in the healthcare, financial services, retail and distribution, manufacturing, telecommunications, and high-tech industries. For more information, please visit http://www.r-bcomputer.com
About Apollo Consulting Services Corporation
Apollo Consulting Services Corporation is a dynamic, growing company dedicated to providing world-class IT services to Fortune 500 high tech companies. Apollo Consulting Services is a global leader in providing outsourced technical resources to Fortune 500 and Global 100 corporations http://www.apollo-consulting.com/
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
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