IElement Signs LOI to Merge With Comware DALLAS, Jan. 8, 2007 (PRIME NEWSWIRE) -- IElement Corporation (OTCBB:IELM) (Frankfurt:SZQ1) (Frankfurt:IELM), a nationwide provider of advanced communication services and Voice over Internet Protocol (VoIP) solutions, announced today that it has entered into a non-binding Letter of Intent to merge with Dallas based Compeware Technology Associates, Inc., dba Comware.
Comware is an award winning industry leader in providing efficient network security solutions. Comware has been recognized by leading manufacturers throughout the United States with awards such as the Trend Micro Partner of the Year, McAfee's Top SMB Performer and as a Cisco Advanced Technology Growth Partner. Due to its expertise and proven track record, Comware holds high-level partnerships with the "best of breed" industry leaders in the network security and telephony markets. These partnerships allow Comware to provide customized network security solutions to its end users, and specifically to those in the SMB market space. The products and services that Comware offers are a great complement to IElement's personalized service with VoIP solutions, T1s, integrated T1s for voice and data, wireless Internet/data services, and Layer 2 Private Network (L2PN(tm)) solutions.
Charles Carlson, CEO of Comware, was appointed to IElement's board of Directors on December 7, 2006. Both companies are based in Dallas, TX and will continue to operate as they currently are.
Comware's revenue exceeded $10 million in 2004 and 2005, and 2006 numbers are expected to remain consistent with previous years. The combination of IElement and Comware will create a corporation with historical combined annual revenue of over $17 million while servicing over 10,000 businesses within the SMB space.
Terms of the merger have not yet been disclosed and are subject to further due diligence by both parties. A Definitive Agreement is expected to be reached within 30 days of this Non-Binding LOI. The transaction is expected to close on or before March 31, 2007.
IElement's CEO, Ivan Zweig, added, "The merger with Comware creates a captive audience of 11,000 installed and active business customers. This new customer base allows IElement to immediately enter the Professional / IT Service market, where Comware has enjoyed award winning success over the past 6 years. We expect to 'sell through' Comware's products and services to each and every one of IElement's customers. Conversely, we desire to sell Hosted Microsoft Exchange, traditional voice, VoIP as well as hosted VoIP applications to Comware's customers. We feel the combination of Comware and IElement provides both companies with an immediate opportunity to increase sales. We continue our commitment to creating shareholder value by leveraging our existing capabilities. Needless to say, we are very excited about the synergies created and the vast incremental 'sell through' opportunities presented by the addition of these customers."
About IElement Corporation
IElement is a facilities-based nationwide communications service provider that offers state-of-the-art telecommunications services to small and medium sized businesses ("SMBs"). IElement provides broadband data, voice and wireless services by offering integrated T-1 lines as well as a Layer 2 Private Network and VOIP solutions. These solutions provide SMBs with dedicated internet access, customizable business solutions for voice, data, wireless, internet, and secure communications channels between the SMB offices, partners, vendors, customers and employees without the use of a firewall or encryption device. IElement has a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas and Chicago.
Comware is an industry-leading provider of network security solutions incorporating products, professional services, and implementation. Our elite team of experts understands complex security issues and works with a wide range of best-of-breed technologies to develop comprehensive, customized solutions that precisely and efficiently meet each client's specific needs. From intrusion detection and prevention to Internet filtering to the most current anti-virus remedies, Comware's sole mission is to protect its customers' business assets from any internal or external worldwide threat.
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our dependency on senior management and officers; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; (7) competition in the telecommunications market; (8) rapid technology changes; and (9) other factors over which we have little or no control.
CONTACT: IElement Corporation Ivan Zweig, CEO (214) 254-3421 investor*ielement.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Modern Technology Corp. Announces Completion of AnuCyte Cancer Detection System Acquisition, Executes Definitive Agreement OXFORD, Miss., Jan. 8, 2007 (PRIME NEWSWIRE) -- Modern Technology Corp. (Pink Sheets:MODC), a bioscience technology development and acquisition company, announced today the completion of the acquisition of Boveran's assets and its cancer detection technology for our new bioscience operations unit, Insight Medical Group. The definitive agreement has been executed. All material terms are identical to the those agreed to in the original Letter of Intent. The entire Definitive Agreement will be timely filed with the U.S. Securities and Exchange Commission under a Form 8-K.
The materials terms are as follows:
* 100% of the existing physical assets, intellectual property rights, and current value of Boveran's assets
* Purchase Price: $500,000 paid in Convertible Preferred Stock to Boveran.
* Purchase Terms: $500,000 Paid to Boveran's stockholders in the Form of a Convertible Preferred Stock with conversion terms and schedules to be agreed upon by the Parties within a reasonable time and with reasonable terms concurrently to or subsequent to the execution of the contemplated Definitive Asset Purchase Agreement.
* Formal relationship with Duesberg Cancer Lab: The acquisition of Boveran contemplates the support of Peter Duesberg's cancer research. Insight Medical Group will provide ongoing financial support to Peter Duesberg's lab as reasonably determined by Insight Medical Group and Duesberg. Peter Duesberg's lab agrees to work closely with Insight Medical Group to improve products and technology.
Anthony Welch, Chairman, said: "Today we formalize the acquisition and move forward in our plans as promised. Stockholders should note we acquired this asset without incurring debt or using cash. We anticipate several updates in the near future for stockholders. Not the least of which will be a business summary containing our industry assumptions, industry data, sales projections and related risk factors. We have previously discussed revenue projections and we want all stockholders and prospective stockholders to fully understand our model and assumptions. Stockholders should also look forward to the release of our new web site for Insight Medical and a White Paper describing the science and showing all stockholders why our claims are based in fact and are not opinion."
About the AnuCyte Cancer Detection System
The AnuCyte Cancer Detection System is an automated machine that can rapidly detect any form of cancer. The system accurately identifies cancer at any stage in its development and also identifies healthy cancer-free cells in the same test within the same sample. The system eliminates heretofore unreliable, subjective, and error-prone pathology detection of cancer and delivers an automated and objective measurement of the presence or absence of cancer. The AnuCyte system is the first and only system in the world that uses the measurement of advanced chromosomal imbalance as the primary or sole means of detecting cancer. The company is not aware of any automated system in the world more accurate, or even close to AnuCyte's accuracy.
About AnuCyte's Inventors:
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. On many occasions both have appeared internationally on television, in magazines, newspapers and scientific publications. Peter Duesberg is author of the widely available book: "Inventing the AIDS Virus". Investors may wish to read a recent article in Newsweek concerning the cancer research of Peter Duesberg: http://www.msnbc.msn.com/id/14757547/site/newsweek/
In 1970, Peter Duesberg isolated the first cancer gene through his work on retroviruses and mapped the genetic structure of these viruses. This and his subsequent work in the same field resulted in his election to the National Academy of Sciences in 1986. He was also the recipient of a seven-year Outstanding Investigator Grant from the National Institute of Health. He has been invited to become an Honorary Member of the World Innovation Foundation alongside 91 Nobel Laureates. (www.thewif.org.uk)
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 bioscience technology development and acquisition company, builds revenues through a model of 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
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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APPM Launches Music Production Division BLOOMFIELD, Conn., Jan. 8 /PRNewswire-FirstCall/ -- Apparel Manufacturing Associates, Inc., (OTC Pink Sheets: APPM) announced today the launch of a music production division. This is a collaboration with industry veteran Steve Thompson. Steve Thompson Productions has contributed to the sales of more than 200 million albums worldwide. With a history that spans more than two decades, Steve Thompson is credited for the production of many well-known artists. The company is currently in negotiations for a merger between the two entities. More information is available on www.ama-fashion.com
'This is the first of many steps we will be taking toward developing this company into a lifestyle based producer of all that is fashionable, apparel, accessories and music,' stated a representative of the company.
Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products, technologies and opportunities, market growth, demand for acceptance of new and existing products, are forward-looking statements. The words 'believe', 'expect', 'anticipate', 'estimate', 'project', and similar expressions identify forward- looking statements that speak only as of the date hereof. This press release contains certain forward-looking statements regarding APPM, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause APPM's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by APPM in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect APPM's business.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Crystal International Travel Group Subsidiary IntelliFares Ltd. Signs UBS AG as First Depository DUBLIN, Ireland, Jan. 8, 2007 (PRIME NEWSWIRE) -- IntelliFares Ltd. announced today it has selected UBS AG (NYSE:UBS), the leading Swiss bank, as its first depository for customer payments in its IntelliFares(tm) subscription service. IntelliFares Ltd. of Dublin, Ireland is a wholly owned subsidiary of Crystal International Travel Group (OTCBB:CINT), and will commence marketing the IntelliFares brand in the USA early in the first quarter 2007.
As previously announced, the IntelliFares brand being launched currently is a prepaid subscription to five years of air travel at a fixed price, so consumers, especially those who own time-share vacation property and other "predictive pattern travelers," can lock in the future costs of their vacation. Sales are now being negotiated on a bulk basis with distributors and consumer sales will commence in the first quarter of 2007. It is being marketed under the tag line "Tomorrow's Travel at Today's Prices."
According to Peter Dugan, Managing Director and President of IntelliFares Ltd., "From the outset, and confirmed by our market research, purchase intent and marketplace validity of the brand were directly dependent on the quality of our partner's handling of customer deposits. As such, we developed a depository policy at the operating company board level with very high 'trustworthiness' and 'creditworthiness' benchmarks even to be considered. UBS, with a credit rating of AA+, is one of the highest ranked in the world, and a natural first partner for us," Mr. Dugan continued. He further explained that it is likely IntelliFares Ltd. will add additional depository partners as the business customer base reaches critical mass.
In addition, the company announced it had appointed HLB Nathans as accountants and O'Hare, O'Connor Walshe as solicitors, both of Dublin.
Safe Harbor Statement: This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the views of Crystal International Travel Group, Inc.'s (the "Company") management regarding current expectations and projections pertaining to future events and are based on currently available information. These forward-looking statements involve a number of risks and uncertainties, including the ability of the Company to build out the IntelliFares(tm) product and generate sufficient sales of the product, and the successful completion of its distribution network, and other factors described in the Company's respective filings with the Securities and Exchange Commission. Other unknown or unpredictable factors also may have material adverse effects on Crystal's business, financial conditions and results of operations. Accordingly, readers should not place undue reliance on these forward-looking statements. The use of words such as anticipates, estimates, expects, is in process, intends, plans and believes, among others, generally identify forward-looking statements; however, these words are not the exclusive means of identifying such statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. The Company is not under any obligation and does not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized.
CONTACT: IntelliFares Limited Peter Dugan (973) 644-3400 - U.S. +353 1 876 4888 - Ireland pdugan*intellifares.com Ulysses House Foley Street Dublin 1, Ireland
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Telzuit Achieves Two Additional Milestones ORLANDO, Fla., Jan. 8 /PRNewswire-FirstCall/ -- Telzuit Medical Technologies, Inc. is pleased to announce that it has achieved two additional milestones as outlined in its 10% Senior Convertible Debenture offering. These milestones were the achievement of a monthly cash burn rate of $100,000 or less and an annualized revenue run rate from its clinic operations of greater than $1,020,000. The Company has now achieved 7 of 8 milestones related to the debenture offering. Therefore, there will be no adjustment to the conversion price of these debentures and related securities.
- For the month of December 2006, the Company's cash burn rate was less than $100,000. We have taken the actions that have resulted in sustainable reductions in expenses. Combing these reductions with improved cash flow from the recently acquired mobile imaging clinic business has helped the Company achieve this milestone.
- Clinic operations have significantly exceeded a revenue run rate of $1,020,000 per annum for both the quarter ending December 31, 2006 and for the month of December. Clinic operations included the Company's two free-standing walk-in clinics and its six mobile imaging clinics.
Technology/ STATPATCH Update Progress continues to made on the technology front, although there have been some setbacks as well. In October 2006 we sold $10,000 of the STATPATCH System to a physician practice that has utilized the patches on its patients and received usable and billable EKG data from these patients. We discovered during this process that the PDA device used to transit the EKG data had a failure rate of approximately 6% as a result of issues with the 'BlueTooth' component of the PDA. We are working to resolve these issues utilizing a combination of in-house resources and three different outside software consulting firms. Palm, Inc., the manufacturer of the PDA device is also using its engineering resources to find a solution to the problems. We expect to receive feedback from these resources by the middle of February 2007.
We have also engaged a consulting firm to help us migrate the Palm O/S software to a Windows environment. We believe this greatly expands our flexibility and opportunity going forward.
Meetings
We have filed our Proxy Statement with the SEC and expect the Company's annual meeting to be held in Orlando on February 27, 2007. Details of the meeting are included in the Proxy Statement that will be mailed to shareholders when approved by the SEC.
Management has also set up a series of meeting with shareholders during January.
- On January 11, management will be presenting to shareholders in Youngstown, Ohio
- On January 17, management will be presenting to shareholders in the Minneapolis, MN area.
- On January 22-24, management will hold a series of meeting in New York City.
If you wish to meet with management at these times please contact Morgan Wilson at 407-354-1222.
About Telzuit Medical Technologies, Inc.
Telzuit Medical technologies, Inc. is dedicated to providing advanced mobile medicine to patients. The STATPATCH System is a full 12-lead, completely wireless Holter monitor. The STATPATCH System has been approved by the FDA under a 510-K filing. Telzuit also operates two walk-in medical clinics in the Orlando area and provides ultrasound medical imaging services to physicians in Central Florida through six mobile imaging clinics. Telzuit is based in Orlando. For more information about Telzuit, its business model and its products, please visit the Company's web site: http/www.telzuit.com
Forward Looking Statements: Except for factual statements made herein, the information contained in this press release consists of forward looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the health products industry, customer acceptance of products, and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Telzuit results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and Telzuit undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
For more information please contact: Jerry Balter Chief Financial Officer Telzuit Medical Technologies, Inc. 407-354-1222 jbalter*telzuit.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Northwater Resources, Inc. Announces Rio Mayo Project Northwater Resources, Inc. (Pink Sheets:NWRS) (the "Company") is pleased to announce assay results from the Rio Mayo Project in Sonora, Mexico, situated 60 km east of Alamos and 30 km east of Frontera Copper open pit production. The company's property consists of approximately 11,000 hectares. Accesses to infrastructures on property are good in regards to water, power, man power.
In mid October, we engaged a private mining consultant to evaluate and take samples of these numerous showings.
Au = .77 g/mt Ag = 118.2 g/mt Cu = 3.93% Pb = .02% Zn = .12% Au = .41 g/mt Ag = 28.0 g/mt Cu = .97% Pb = .01% Zn = 1.96% Total average : Au = .59 g/mt Ag = 73.1 g/mt Cu = 2.45% Pb = / Zn = 1.05% Total average 4 metres in width ( 13 ft)
Au = 1.52g/mt Ag =1051.2 g/mt Cu = .28% Pb = 5.29% Zn = 9.77%
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the further exploration work, any future assay results, and the existence of a highly mineralized gold, silver structure or copper. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, future exploration and the results inherent in mineral exploration faced by an exploration stage company.
These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.
Northwater Completes U.S. $82,000 Private Placement Northwater Resources, Inc., (Pink Sheets:NWRS) (the "Company"). The Company is pleased to announce that it has completed a private placement of 328,000 units at a price of $0.25 per unit to three non-U.S. investors for gross proceeds of $82,000.
Each unit consists of one common share in the capital of the Company (each, a "Share") and one common share purchase warrant (a "Warrant") subject to adjustment. Each Warrant shall be non-transferable and shall entitle the holder thereof to purchase one share of common stock in the capital of the Company, as presently constituted, for a period of twelve months commencing from the closing, at a price per Warrant Share of US$0.50.
The securities issued in this private placement have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of the Securities Act of 1933. The Company has agreed to registration rights for the shares of common stock underlying the warrants, although the securities to be issued are restricted and may not be sold or offered in the United States absent registration or an applicable exemption from registration requirements.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes or the warrants. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933, as amended.
Notice Regarding Forward Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the closing of the private placement. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the use of our private placement proceeds.
These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.
Northwater Resources, Inc. Tom Raptis, 604-699-8664
Source: Business Wire (January 8, 2007 - 8:15 PM EST)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Xtreme Technologies, Inc. Announces Effective Date Of Reverse Stock Split Xtreme Technologies, Inc. (Pink Sheets: XTMG) announces that the reverse stock split referenced in the December 29, 2006 press release was effective as of December 6, 2006.
First American Stock Transfer of Phoenix, Arizona will remain the Company's stock transfer agent. As part of a mandatory exchange, the transfer agent will exchange the common stock at no charge to the shareholders for a period of six months. All XTMG shareholders may contact First American Stock Transfer at 602-485-1346 to obtain their new certificates.
Forward Looking Statements:
Certain statements in this announcement regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production such as "may," "potentially," "expects," and similar terms may be regarded as "forward-looking statements" within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management's current view and plans, however, are subject to numerous known and unknown risks, further testing and analysis, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Xtreme to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. Xtreme undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.
Capital Group Advisors, Inc. David Van Vort, 786-277-3484 davidv*crowninvestorscapital.com
Source: Business Wire (January 8, 2007 - 5:55 PM EST)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Unicorp Announces That It Has Retained an Investment Banking Firm to Assist with Its 2007 Acquisition Strategy Unicorp, Inc. (OTCBB:UCPI) announced today that it has retained an investment banking firm on a non-exclusive basis to assist with its 2007 acquisition strategy. The company has already been introduced to a financing partner and is currently evaluating several potential acquisitions of producing properties.
"We are continuing to focus on exploration but believe that a successful acquisition program will accelerate the already rapid growth of our company," stated Art Ley, COO of Unicorp. "We believe that the addition of an acquisition strategy is very important to our company and hope to close the first acquisition in this current fiscal quarter."
About Unicorp
Unicorp, Inc. is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Unicorp's future business and financial results, refer to Unicorp's Annual Report on Form 10-KSB for the year ended December 31, 2005 and Form 10-QSB for the quarter ended September 30, 2006. Unicorp undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Unicorp, Inc., Houston Carl A. Chase, 713-402-6717 Investors*unicorpinc.net
Source: Business Wire (January 8, 2007 - 4:05 PM EST)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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FMNJ (.015) Franklin Clarifies Pulacayo Project's Status
Market Wire "US Press Releases "
LAS VEGAS, NV -- (MARKET WIRE) -- 01/09/07 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) CEO Jaime Melgarejo clarifies status of the Pulacayo tailings project.
Several missed deadlines created a two-month delay in start-up for the Pulacayo tailings project. The missed deadlines -- due to a heavier than normal rainy season, September to December -- prevented the relocation of the pilot plant.
In December, Franklin management completed a lengthy due diligence review of the project and received an in-depth Metallurgical Report. After accepting both reports, Franklin's Board approved a recommendation to formally reschedule Pulacayo's launch for January 2007.
As previously planned, a pilot processing plant will be relocated to the tailings site. The site is fully prepared with all required assets in place (space, water, electricity, communications and labor). The pilot plant provides the 400 ton per day processing capacity necessary to keep the project on its 42-month schedule.
Details on Franklin's Bolivian projects can be found at www.franklinmining.com including the use of revenue generated by the Pulacayo pilot plant to immediately begin funding the design and completion of a full-scale processing plant.
About Franklin Mining, Inc.
Franklin Mining, Inc. has interests in the United States, Argentina and Bolivia which include a wholly owned subsidiary, Franklin Mining, Bolivia, as well as 51% interest in Franklin Oil & Gas, Bolivia and 51% interest in Franklin Oil & Gas, Argentina.
DISCLOSURES:
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
Contact: Investor Relations: Mr. Andrew Austin 1-702-386-5379
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CICI (.215) Oracle Licenses CIC's Suite of eSignature Technology for Siebel Handheld for Pharma and Siebel Handheld for Service
PR Newswire "US Press Releases "
REDWOOD SHORES, Calif., Jan. 9 /PRNewswire-FirstCall/ -- Communication Intelligence Corporation ("CIC") (OTC BB: CICI), a leading supplier of electronic signature solutions for the Financial Industry and the recognized leader in biometric signature verification announced today that it has completed a licensing agreement with Oracle Corporation (Nasdaq: ORCL) for CIC's complete SignatureOne(TM) suite of biometric and electronic signature products for Oracle's Siebel Handheld for Pharma and Siebel Handheld for Service products.
CIC's products provide financial institutions and their solution providers the ability to streamline signature based business processes and to meet legal, compliance and non-repudiation challenges. The products include a great deal of flexibility in providing biometric handwritten signatures and the ability to deliver CIC's best practice eSignature process with alternative signature types such as: click-wrap, passwords, voice, fingerprint and PKI, through a common architecture and methodology.
"We are pleased with the enhanced functionality and value that we have already passed on to our customers by utilizing CIC's eSignature technology within our Mobile CRM platform," said Guy Waterman, Senior Director of Mobile CRM Products for Oracle. "With these products, we look forward to enhancing our offerings that require electronic signatures and additional forms of authentication, thereby expanding our capabilities for truly paperless processing within Oracle's enterprise solutions."
"With the growing demand for eSignatures in the modern enterprise, we are focused on establishing and expanding our relationships with industry leading partners with the expertise and resources to provide complete vertical market solutions that can leverage our technology," commented Joe DePaola, Vice President World Wide Sales for CIC. "We look forward to the opportunity to work with the world's largest enterprise software company to determine where greater use of our technology can help provide the value added capabilities of biometric and electronic signatures for its clients."
CIC's SignatureOne suite includes its SignatureOne Server, Sign-it(R), and iSign(R) software. CIC's SignatureOne Server provides user authentication, profile administration and transaction receipts. Sign-it and iSign provide shrink-wrapped application plug-in as well as developer tools for the integration of signatures into complex enterprise architectures and custom applications. CIC's technology supports a common process and methodology to provide a uniform program interface for multiple signature methods and multiple signature capture devices, simplifying enterprise-wide integration of business process automation tasks requiring eSignatures, and virtually eliminating the need for paper copies and ink signatures.
About CIC
Communication Intelligence Corporation ("CIC") is a leading supplier of electronic signature solutions for business process automation in the Financial Industry and the recognized leader in biometric signature verification. CIC's products enable companies to achieve truly paperless work flow in their eBusiness processes by enabling them with "The Power to Sign Online(R)" with multiple signature technologies across virtually all applications. Industry leaders such as AIG, Charles Schwab, Prudential, Nationwide (UK) and Wells Fargo chose CIC's products to meet their needs. CIC sells directly to enterprises and through system integrators, channel partners and OEMs. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at http://www.cic.com .
Forward Looking Statement
Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the Company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.
NOTE: CIC, its logo and the Power to Sign Online are registered trademarks. Oracle, JD Edwards, PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates. All other trademarks and registered trademarks are the property of their respective holders.
Contact: Investor Relations Inquiries, Chantal Eshghipour of CIC, +1-650-802-7740, or investorrelations*cic.com.
SOURCE Communication Intelligence Corporation
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GZFX(.0017) GameZnFlix Selects Moroch for Brand Repositioning Duties Agency to Develop Positioning for GameZnFlix's Growth in Online Market
FRANKLIN, KY -- (MARKET WIRE) -- January 09, 2007 -- GameZnFlix, Inc. (OTCBB: GZFX), an online provider of video games and DVD movies for rent or purchase, announced today that Moroch Partners has been selected to develop and implement a strategy positioning the company's brand and for increasing online market growth.
The agency will execute a two-phase project throughout 2007. Phase One is a 16-week foundational project designed to reposition GameZnFlix in the online games and movies market which includes a comprehensive strategic development plan, gaining consumer insights and understandings, developing brand identity, creative assessment, messaging, positioning and development, conducting qualitative focus groups and designing a comprehensive media plan and targeted event marketing plan.
Phase Two will be an execution based on the findings from Phase One and includes an annual strategic marketing plan, competitive analysis and executing creative focused on brand identity and positioning.
"We are excited for Moroch to begin the research phase of this project," said John Fleming, GameZnFlix CEO. "Once the information is collected, we'll have a better understanding of how to approach our customers and propel GameZnFlix into the online entertainment community."
Highlighted Links MacReport.Net GameZnFlix, Inc.
"Moroch is proud to be conducting the initial research and positioning for GameZnFlix," said Tad Perryman, account director for Moroch. "GameZnFlix is on the leading edge of online entertainment, and we are proud to work in conjunction with their team to develop a plan that will drive membership and brand awareness to achieve GameZnFlix's company goals."
About GameZnFlix, Inc.
GameZnFlix is an online video game and DVD movie rental service with more than 50,000 titles in stock. With memberships starting at $8.99 per month, subscribers can rent video game discs for the most popular video gaming platforms and DVDs with no postage, no due dates and no late fees. Members may also purchase video games and DVD movies at exclusive discounts at www.gameznflix.com.
Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contacts:
Investor Relations GameZnFlix, Inc. Tel: 888-542-6817 Ext 2 Email: invrel*gameznflix.com
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CCNG(.0008) Collectible Concepts Group Launches New Armed Forces Mascot Collection Website Market Wire - January 9, 2007 8:45 AM (EDT) Jump to first matched term
DOYLESTOWN, PA, Jan 09, 2007 (MARKET WIRE via COMTEX) -- Collectible Concepts Group Inc. (OTCBB: CCNG) announced the launch of its new website, www.usamilitarymemories.com today. The new site offers a complete selection of commemorative, high-quality merchandise based on the Company's Armed Forces mascot collection.
Collectible Concepts Group recently announced that it signed a five-year, renewable licensing contract with Diann Wall-Wilson, creator and owner of the nationally recognized Armed Forces mascot, with logos that stand out. A portion of the proceeds from each sale of the Armed Forces mascot collection, including those from the new website, goes to Operation Interdependence -- a civilian-to-military delivery system designed to connect the Military's deployed forces to their homes through care packages, letters, games, and more.
Ms. Wall-Wilson said, "I am extremely pleased that a portion of the royalties we receive are donated to Operation Independence, and especially excited to see the results of our efforts culminate in the new website, which opens sales to consumers nationwide."
Products found for sale on the website include: vibrant, weather-resistant porch flags, decorative desk flag ornaments, and mini poly satin wall scrolls with gold tassels. A collection of laser engraved wood products are also available, including: environmentally friendly, two-tone cutting boards made from bamboo, laser engraved regulation-size baseballs, mounted footballs, desk clocks, personalized decorative plaques, beverage coasters with cork inlay, and desk valet/multipurpose boxes.
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and e-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccng.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
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AMHD(.0115) Amelot Holdings, Inc. Files for Membership With the National Biodiesel Board PrimeZone Media Network - January 9, 2007 8:31 AM (EDT)
By Staff
CHEYENNE, Wyo., Jan 9, 2007 (*********wire via COMTEX) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that the Company has formally applied for membership with the National Biodiesel Board. Application and acceptance will provide Amelot Alternative Energy, Inc., a wholly owned subsidiary dedicated to the production of biofuels, access to EPA documentation and permits required to become a registered producer of biodiesel. The National Biodiesel Board is the national trade association representing the biodiesel industry as the coordinating body for research and development in the United States.
The National Biodiesel Board is organized exclusively to promote the common business interests of those parties seeking to advance the use of biodiesel as a fuel or fuel additive that meets ASTM standards. To advance these common interests, the National Biodiesel Board will admit to membership, on a nondiscriminatory basis, any industry member or supporter who meets the member requirements. National Biodiesel Board's membership is comprised of state, national, and international feedstock and feedstock processor organizations, biodiesel suppliers, fuel marketers and distributors, and technology providers. www.biodiesel.org.
ASTM International, originally known as the American Society for Testing and Materials, is one of the largest voluntary standards development organizations in the world and is a trusted source for technical standards for materials, products, systems, and services. Known for their high technical quality and market relevancy, ASTM International standards have an important role in the information infrastructure that guides design, manufacturing and trade in the global economy.
"This is an extremely important next step in turning up our first facility in New Hampshire. The National Biodiesel Board is the national trade association representing the biodiesel industry as the coordinating body for research and development in the United States. I'm looking forward to participating in this organization and leveraging their resources to become an industry leader," said Allen Giles, President of Amelot Holdings, Inc.
About Amelot Holdings, Inc.: Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. Amelot Alternative Energy Group, a wholly owned subsidiary of Amelot Holdings, Inc., is focused on the production of these renewable fuels, with an emphasis on Bio-Diesel. Amelot Holdings, Inc. also owns the following alternate energy and renewable fuel companies: Amelot Commodities Group, (ACG) and Amelot Alternative Energy, Inc.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
(C) Copyright 2006 *********wire, Inc. All rights reserved.
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WHKA(.011) World Hockey Association Plans Expansion PrimeZone Media Network - January 9, 2007 8:30 AM (EDT)
By Staff
VANCOUVER, British Columbia, Jan 9, 2007 (*********wire via COMTEX) -- The World Hockey Association (Pink Sheets:WHKA) is pleased to announce that its plans for expansion in 2007-08 could include Northern B.C., Alberta, Washington and other states along the West Coast.
Ricky Smith, president and CEO of the WHA, along with Bobby Hull, the commissioner, will be scouting out various locations and their arenas in the coming months, and by next season, the league plans to grow from its current six teams to approximately sixteen teams. "We have been contacted by over 12 different cities in B.C. and Washington and other states and provinces," said Smith. "It is apparent that our brand of hockey, and the fact that it does not cost the parents anything to have their sons play, is attractive to many."
The WHA is gaining more momentum as evident from the recent visits by Brad Park and Terry O'Reilly (former Boston Bruins players under Don Cherry) who met with players and coaches alike during their recent five day visit. "We couldn't be happier to have the support of two NHL legends like Brad Park and Terry O'Reilly. It just goes to show what an exciting league we're all a part of. These two gentlemen could be doing any number of other things, but they've decided to take an active role in supporting the WHA Junior Hockey League," stated Ricky Smith of the WHA.
About the World Hockey Association
The WHA is an alternative junior hockey league for skilled 16 to 20 year old players. The WHA is affordable entertainment for the whole family. The WHA's goal is to promote the highest standard of sportsmanship and to train players to become future professional hockey players. For 2006, the WHA will feature six teams that include the New Westminster Whalers, the Squamish Cougars, the Bellingham Bulls, the Osoyoos Spurs, the Armstrong Sharks, and the Lumby Fighting Saints.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
World Hockey Association Lacey Shenton (604) 575-2999
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MMTV(.044) Medical Media Television Announces the ``Your Series'' of Educational Programming Business Wire - January 9, 2007 8:30 AM (EDT)
TAMPA, Fla., Jan 09, 2007 (BUSINESS WIRE) -- Medical Media Television, Inc. ("Medical Media") (OTCBB:MMTV) announced that it is producing a complete series of take-home educational DVDs for its three captive audience networks. The "Your Series" will include Your New Pet, Your Senior Pet, Your Better Health, and Your New Baby.
Two years ago, the Company released Welcome Home Your New Friend, its first take-home DVD developed for its veterinary network, PetCARE TV. The success of that DVD led the Company to design the "Your Series" of take-home DVDs to encompass all of its networks. These DVDs are for purchase by health care professionals who will give them to their clients/patients for take-home viewing.
Your New Pet and Your Senior Pet are available to veterinarians through PetCARE Television Network, Inc. Your New Pet features 30 minutes on dogs and 30 minutes on cats and is given to new pet owning clients on their first visit to their veterinarian. Your Senior Pet features programming specific to aging pets to help pet owners better understand and cope with the changing needs of their pet during their senior years. Your Better Health is available to physicians who treat minorities through African American Medical Network, Inc. and helps educate minority patients about important healthcare issues in order to reduce minority health disparities and decrease negative health outcomes. Your New Baby is available to pediatricians through KidCARE Medical Television Network, Inc. to share information with new parents on topics they may encounter between discharge from the hospital and the first post-natal office visit.
All DVDs in the "Your Series" are currently available for order, with the exception of Your Senior Pet for which pre-release orders are being taken with anticipated delivery by March 1, 2007. All of the "Your Series" DVDs are sold in packs of 50 beginning at $2.50 per DVD with quantity discounts available for each.
Philip Cohen, CEO of Medical Media Television, stated, "The 'Your Series' is something that has been needed for some time now as most health care professionals are unable to spend the amount of time each patient needs to cover every inevitability. Combining these DVDs with our in-office programming will help health care providers keep their clients and patients informed about important tips they need to know to keep them and their pets healthy."
Medical Media Television currently has three subsidiary networks: PetCARE Television Network, Inc. ("PetCARE TV"), African American Medical Network, Inc. ("African American Medical Network"), and KidCARE Medical Television Network, Inc. ("KidCARE TV"). PetCARE TV's veterinary programming is currently aired in practices across the U.S., Canada, Puerto Rico, and Australia and is viewed by over 6 million pet owners each month. African American Medical Network's patient education programming is viewed in hundreds of medical practices, hospitals, and clinics throughout the United States where the audience is comprised primarily of African Americans. KidCARE TV's pediatric network will be targeted to the audience of approximately 16,000,000 parents of patients of more than 45,000 pediatricians.
The corporate office of Medical Media Television and its three networks is located at 8406 Benjamin Road, Suite C, Tampa, Florida 33634. Questions regarding this release may be directed to Teresa J. Bray, Vice President, at 813-888-7330.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of Medical Media Television, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.
SOURCE: Medical Media Television, Inc.
Medical Media Television, Inc., Tampa Teresa J. Bray, VP, 813-888-7330
Copyright Business Wire 2007
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RLTR(.09) ReelTime Sets Marketing Meetings With Content Partners at CES, NATPE Market Wire - January 9, 2007 8:08 AM (EDT)
SEATTLE, WA -- (MARKET WIRE) -- Jan 09, 2007 -- ReelTime Rentals, Inc. (PINKSHEETS: RLTR), the first point, click, and watch streaming broadband video site, announces that they will be hosting a series of meetings with their content partners at NATPE (National Association of Television Production Executives) and CES (Consumer Electronics Show) this week and next. The meetings will be to finalize their marketing strategy prior to the launch of their marketing campaign in February.
"We are looking toward February to commence our marketing campaign designed to attract potential subscribers in large numbers to our site. We have been contracting with television, video and film producers and studios over the past year and have accumulated a library of properties that we believe will draw significant numbers of consumers once they know how to reach us," said Barry Henthorn, CEO of ReelTime Rentals, adding, "When we leave NATPE will have the final pieces in place, content wise, to make our February launch a 'REEL' success."
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.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that forward-looking statements involve risks and uncertainties. Although ReelTime Rentals, Inc. believes the assumptions underlying forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there is no assurance that forward-looking statements included herein will prove to be accurate, and inclusion herein should not be regarded as a representation by ReelTime Rentals, Inc. or other persons that objectives and plans of ReelTime Rentals will be achieved.
Press Contact: Richard Lewis 818-973-2754
Contact: Michael Gersh 206-219-6889 Email Contact
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NCNC (.32) Reports $4.5 Million in New Orders; 2006 Sales Meet Target at $10.5 Million, up 74% From 2005
Market Wire "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 01/09/07 -- New Century Companies, Inc. (OTCBB: NCNC), a leading manufacturer and re-manufacturer of machine tools, today reported that it received orders for eight vertical turning centers (VTCs) totaling $4.5 million during the fourth quarter ending December 31, 2006. It also said that its full-year 2006 sales will be approximately $10.5 million, within the previously announced target range of $10 million to $12 million.
The eight VTCs sold during the fourth quarter were bought by firms in aerospace, commercial construction, mining, transportation (locomotives) and semiconductor manufacturing. The $4.5 sales from these orders are being booked in the fourth quarter of 2006 and the first quarter of 2007.
New Century said proceeds realized from these orders during the fourth quarter brought its revenue for all of 2006 to approximately $10.5 million, an increase of 74% from $6.04 million reported in 2005.
The company also said the volume of quotation requests from large corporate customers -- an indicator of future sales volume -- remains high. It expects capital spending and demand for machine tools to remain robust.
"Our solid finish in 2006 is a sign that the need for capital spending remains strong in the U.S., and that we will continue to see healthy demand in 2007," said David Duquette, New Century's President and CEO. "As we have seen in past quarters, our ability to sell in multiple sectors, such as aerospace, mining and construction, enables us to ride out slumps in particular sectors (such as housing) and take advantage of the economy's overall strength. We expect 2007 to be another strong year for the machine-tool business in general. In particular, we expect widening customer awareness of the capabilities and cost advantages of New Century products such as re-manufactured, computer-controlled VTCs."
To be added to New Century's investor e-mail lists, please contact Haris Tajyar at htajyar*irintl.com.
About New Century Cos.
New Century Companies, Inc. (OTCBB: NCNC) is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to make than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet-engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. New Century's production facility is in Santa Fe Springs, Calif.
Forward-looking statement: Except for historical information, this press release contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions and other risks detailed from time to time in the Company's ongoing quarterly filings, annual information form, and annual reports. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this press release might not occur.
Contact: David Duquette CEO New Century Companies, Inc. 562-906-8455
Haris Tajyar Investor Relations International 818-382-9700
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SLWF(.0027) Video: New S-XGen(TM) Ultra Mobile Personal Computer and Communications Device From Seamless Offers Almost Full-sized Keyboard and Up to Eight Hour Battery Life PR Newswire - January 9, 2007 8:00 AM (EDT)
S-XGen First Practical UMPC for All-Day Computing and Communications on the Road
CARSON CITY, Nev., Jan 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- A New Ultra Mobile Portable Computer (UMPC) and Communications device offering an innovative new design debuted today at the 2007 Consumer Electronic Show (CES) in Las Vegas, Nevada. The S-XGen(TM) from Seamless Wi-Fi (OTC Bulletin Board: SLWF) subsidiary Seamless Internet is the first UMPC to integrate all of the computing and digital functionality of other UMPC's in a design that offers a near full-size keyboard and an ultra-productive eight-hour battery life.
Created for serious business users, the S-XGen combines several digital products into a single, easy-to-access device. The unit's extra long battery life and fold-out keyboard makes the S-XGen a serious full-day work partner that puts an end to frustrating text messaging-style 'dumb thumb' typing and 'low battery' AC-power searches.
"Virtually all UMPC's offer similar applications but the S-XGen combines a variety of productivity-enhancing digital devices into a single platform that offers users the ability to be truly mobile powerhouses," said Al Reda, Chairman of Seamless Wi-FI. "The unit's industry-leading eight hour battery life makes the S-XGen a mobile device that seriously addresses the real needs of today's mobile road warriors -- on a plane, in a taxi or out in the field."
The S-XGen is a handheld device that eliminates the need for a separate laptop, cell phone, Tablet PC and PDA. Based around the intel PXA 270 Xscale(TM) 520 MHz processor, the base S-XGen includes 256MB of RAM, a 20GB hard drive and Wi-Fi, Bluetooth and tri-band cellular wireless and direct Ethernet, USB and RJ45 connectivity. A 4-inch TFT 470 x 280 resolution touch screen provides brilliant imagery and video web cam, microphone and media playback and gaming controls are built-in. The S-XGen comes ready to run with Microsoft(R) Windows(R) Pocket PC and Microsoft Office(R) Mobile Suite preinstalled. The total size of the S-XGen is approximately 6.5 inches long by 3.8 inches wide and it weighs only 14 oz. For real mobile productivity the most compelling attributes of the S-XGen are its Qwerty layout near full-size fold-out keyboard and a battery life rated at an industry high of up to 8 hours of use.
The MSRP of the S-XGen with Microsoft Office included is $1,395.00. Units are shipping in Q1 2007. Seamless Internet is demonstrating the S-XGen at CES Booth Number IP 255 and IP 271 at the Sands Innovation Pavilion at the 2007 CES.
About Seamless Internet
Seamless Internet in the fully owned subsidiary of Seamless Wi-Fi Inc., a Las Vegas, Nevada-based company focused on the development of next-generation wireless technology, encryption technology and proprietary peer-to-peer networking solutions. Seamless Internet provides wireless hosting technology for Seamless Wi-Fi and its clients and designed & manufactures the S-XGen UMPC.
SOURCE Seamless Wi-Fi Inc.
Rich Schineller of Seamless Wi-Fi Inc., +1-941-918-1913, or mobile, +1-941-726-9090, rich*slwf.net
Copyright (C) 2007 PR Newswire. All rights reserved
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NSMG (.13)National Storm Management Reports Third Quarter Results Market Wire - January 9, 2007 8:08 AM (EDT)
CHICAGO, IL -- (MARKET WIRE) -- Jan 09, 2007 -- National Storm Management, Inc. (PINKSHEETS: NSMG) reported today results for its third quarter ended September 30, 2006. Revenues for the third quarter increased 37 percent or $811,000 to $3.0 million, compared to $2.2 million in the second quarter ended June 30, 2006.
The company posted a net loss of $694,153 or $0.01 per share based on 66.7 million shares compared to a net loss of 481,848, or $0.01 per share based on 61.2 million shares in the previous quarter. During the third quarter the company incurred significant non-recurring professional fees related to the filing of a Form SB-2 registration statement with the SEC and hiring a new chief financial officer. After accounting for these fees, the third quarter loss is consistent with the second quarter results.
As was the case in the second quarter, third quarter losses are attributed to unforeseen market conditions related to cost of materials and lack of supply on previously contracted projects in Florida, the company's largest operating location. This backlog of projects in Florida was eliminated in the beginning of the fourth quarter and the company expects to restore gross margins to previous levels going forward.
"We remain focused on upgrading our accounting system and significantly improving our financial reporting efficiency," said Scott Knoll, chief financial officer.
About National Storm Management, Inc.
National Storm Management (PINKSHEETS: NSMG) is a national construction company headquartered in Glen Ellyn, Illinois and provides storm restoration services in six states. Its operating affiliates include: ABC Exteriors (Illinois and Indiana); Pinnacle Roofing (Florida and Louisiana); WRS, Inc. (Minnesota); and First Class Roofing and Siding (Ohio). The company and its affiliates are recognized by all major insurance companies such as State Farm, Allstate, Farmers and others for storm related claims. The company is a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau. More information is available at www.nationalstorm.com.
Forward-Looking Statements
Certain statements included in this press release may constitute forward-looking statements. These forward-looking statements relate to, among other things, the expectation of gross margins to return to previous levels, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations and actual results may materially differ from such expectations based on a large number of risks and uncertainties, including, but not limited to, weather, the company's ability to successfully implement its growth strategy, the company's ability to maintain adequate liquidity and work out arrangements with creditors on advantageous terms, supply shortages in labor or materials, and general economic conditions in the geographic regions of the United States where the company does business. The company assumes no duty to update any forward-looking statements.
National Storm Management, Inc. CONSOLIDATED BALANCE SHEET September 30, 2006
Unaudited Audited ------------- ------------- 2006 2005 September 30, December 31, ------------- ------------- ASSETS Current assets : Cash $ 243,888 $ 41,150 Accounts receivable (less respective allowances) 825,461 664,984 Inventories 133,777 165,076 Management & Salesman Advances 40,719 70,010 Cost in excess of billings 374,401 554,410 Prepaid Expenses 48,621 45,223 Other current assets 171,634 180,114 ------------- ------------- Total current assets $ 1,838,501 $ 1,720,967
Property, plant and equipment $ 470,780 $ 467,788 Less: Accumulated depreciation and amortization 232,187 159,836 ------------- ------------- Property, plant and equipment - net 238,593 307,952
Goodwill 5,000 5,000 Deferred tax asset - net of valuation allowance 848,727 587,727 Other 62,674 97,004 ------------- ------------- Total assets $ 2,993,495 $ 2,718,650 ------------- -------------
LIABILITIES AND STOCKHOLDER EQUITY Current liabilities : Current maturities of long-term debt $ 2,060,908 $ 1,118,275 Accounts payable - trade 1,175,923 1,654,689 Other current liabilities 50,679 76,254 Billings in excess of costs 609,892 789,281 ------------- ------------- Total current liabilities $ 3,897,402 $ 3,638,499
Non-current Liabilities : Term loan, net of current portion $ 21,885 $ 34,891 Other long-term obligations 107,500 - ------------- ------------- Total long-term debt $ 129,385 $ 34,891
Common Stock 66,692,194 and 49,113,903 issued and outstanding 66,692 49,114 Additional paid-in capital 2,835,180 1,142,484 Retained earnings (deficit) (3,935,164) (2,146,338) Total Liabilities and Stockholders' Equity $ 2,993,495 $ 2,718,650 ------------- -------------
*These financial statements and notes thereto present fairly, in all material respects, the financial position of the company and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally.
National Storm Management, Inc. CONSOLIDATED STATEMENT OF OPERATIONS September 30, 2006 Unaudited
Three Months Ended Nine Months Ended September 30, September 30, 2006 2005 2006 2005 REVENUES: Net trade sales $ 3,011,186 $ 3,864,564 $ 7,505,748 $ 12,710,295 Other Revenue 0 $ - 0 0 ------------ ------------ ------------ ------------ $ 3,011,186 $ 3,864,564 $ 7,505,748 $ 12,710,295 ------------ ------------ ------------ ------------
OPERATING COST AND EXPENSES: Cost of product sold $ 2,078,709 $ 2,578,563 $ 4,580,143 $ 8,155,086 Selling, administrative, and general $ 1,583,366 $ 1,946,103 4,827,210 5,435,548 Depreciation and amortization $ 25,509 $ 27,433 $ 78,178 $ 157,954 ------------ ------------ ------------ ------------ $ 3,687,584 $ 4,552,099 $ 9,485,531 $ 13,748,588 ------------ ------------ ------------ ------------
INCOME (LOSS) FROM OPERATIONS $ (676,398) $ (687,535) $ (1,979,783) $ (1,038,293)
Interest expense $ (20,435) $ (9,966) (71,463) (2,381) Costs associated with reorganization and merger - - - - Other income (loss) $ 2,755 $ - $ 3,139 $ (12,664) ------------ ------------ ------------ ------------
Income (loss) before income taxes and extraordinary gain $ (694,078) $ (697,501) $ (2,048,107) $ (1,053,338) Provision (Benefit) for income taxes $ 75 $ - $ (259,282) $ - ------------ ------------ ------------ ------------
NET INCOME (LOSS) $ (694,153) $ (697,501) $ (1,788,825) $ (1,053,338) ============ ============ ============ ============
*These financial statements and notes thereto present fairly, in all material respects, the financial position of the company and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally.
National Storm Management, Inc. CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY September 30, 2006 Unaudited
Additional Common Stock Paid-in Shares Par Value Capital ============== ============== ============== Balance, January 1, 2004 2,575,160 $ 25,752 Net income Dividends paid - owners discretionary draw Common stock issued in connections with new entities 8,248,330 8,248 ============== ============== ============== Balance, December 31, 2004 10,823,490 $ 34,000 Issuance of stock options for professional fees 6,800,000 6,800 746,200 Acquisition of assets of N.S.M. Inc. 6,000,000 6,000 (1,000) Common stock issued 2,313,903 2,314 397,284 Net income (loss) ============== ============== ============== Balance, December 31, 2005 25,937,393 $ 49,114 $ 1,142,484 Issuance of stock options for professional fees - - - Common stock issued 17,578,291 17,578 1,692,696 Net income (loss) ============== ============== ============== Balance, September 30, 2006 43,515,684 $ 66,692 $ 2,835,180
Retained Stockholders' Earnings Equity ============= ============= Balance, January 1, 2004 $ (314,052) $ (288,300) Net income 65,952 65,952 Dividends paid - owners discretionary draw (247,915) (247,915) Common stock issued in connections with new entities (8,248) - ============= ============= Balance, December 31, 2004 $ (504,263) $ (470,263) Issuance of stock options for professional fees 753,000 Acquisition of assets of N.S.M. Inc - 5,000 Common stock issued - 399,598 Net income (loss) (1,642,075) (1,642,075) ============= ============= Balance, December 31, 2005 $ (2,146,338) $ (954,740) Issuance of stock options for professional fees - - Common stock issued - 1,710,274 Net income (loss) (1,788,825) (1,788,825) ============= ============= Balance, September 30, 2006 $ (3,935,163) $ (1,033,291)
*These financial statements and notes thereto present fairly, in all material respects, the financial position of the company and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally.
National Storm Management, Inc. CONSOLIDATED STATEMENT OF CASHFLOWS September 30, 2006 Unaudited
Nine Month Ended September 30, -------------------------- 2006 2005 ------------ ------------ CASH FLOWS FROM OPERATING ACTIVITIES : Net income (loss) $ (1,788,825) $ (1,022,248)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities : Depreciation, and amortization 78,178 157,954 Allowance for doubtful accounts - - Deferred tax benefit (261,000) - Loss (Gain) on sale of capital equipment 4,649 Stock and stock options issued for professional fees 18,175 253,000 Forfeiture of security deposits 40,309 Changes in components of working capital : (Increase) decrease in accounts receivable - net (160,477) 422,217 (Increase) decrease in inventories 31,299 279,523 (Increase) decrease in advances 29,291 (117,605) Increase (decrease) in cost in uncompleted contracts 620 (1,024,814) (Increase) decrease in other current assets 5,082 (110,586) Increase (decrease) in accounts payable (478,766) 264,652 Increase (decrease) in other current liabilities (25,575) 29,633 Other, net - ------------ Net cash provided by (used for) operating activities $ (2,507,040) $ (868,274) ------------ ------------
CASH FLOWS FROM INVESTING ACTIVITIES : Capital expenditures $ (26,218) $ (50,513) Proceeds from dispositions of property, plant and equipment 12,750 - Increase in security deposits (5,980) Increase (decrease) in other long-term liabilities 107,500 (500,000) Business acquisition - (100,000) ------------ ------------ Net cash provided by (used in) investing activities $ 88,052 $ (650,513) ------------ ------------
CASH FLOWS FROM FINANCING ACTIVITIES : Distributions paid owner $ - $ - Increase (decrease) in current portion of notes payable $ (57,367) Issuance of common stock 1,692,099 569,120 Proceeds from term loan 1,000,000 Increase (decrease) in term loan (13,006) (24,155) Increase (decrease) in Note payable - 1,000,000 ------------ ------------ Net cash provided by (used in) financing activities $ 2,621,726 $ 1,544,965 ------------ ------------
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS $ 202,738 $ 26,178 Cash and cash equivalents, beginning of period 41,150 72,643 ------------ ------------ Cash and cash equivalents, end of period 243,888 98,821 ============ ============
Cash interest paid for the periods presented : $ 71,463 $ 12,347 ============ ============ Cash taxes paid for the periods presented : $ - $ -
*These financial statements and notes thereto present fairly, in all material respects, the financial position of the company and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally.
For Media Inquiries: David Gutierrez Dresner Corporate Services 312-780-7204 dgutierrez*dresnerco.com
For Investor Inquiries: Philip Kranz Dresner Corporate Services 312-780-7240 pkranz*dresnerco.com
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CYSG(.0023) New PicRite(R) Plus Light Directed Picking System Announced by Cape Systems PR Newswire - January 9, 2007 8:00 AM (EDT)
New Dimension in Light Directed Picking
CHICAGO, Jan 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- CAPE Systems Group, Inc., (OTC Bulletin Board: CYSG) a leading provider of software technology for packaging design, RFID asset tracking, pallet optimization, inventory and warehouse management, supply chain execution and order fulfillment, today announced the release of its new state-of-the-art light directed picking system, PicRite(R) Plus from its Booth #4856 at ProMat 2007, the nation's largest exhibition of material handling and logistics equipment, systems and technologies sponsored by the Material Handling Industry of America.
CAPE's PicRite(R) Plus product contains a new level of functionality, reliability and ease of use. New features include modules that snap cleanly into position in the self-sealing track that eliminates common problems found in other track systems such as dirt/dust accumulation and corrosion.
The tremendous flexibility of the PicRite(R) Plus light modules allow them to be used in all types of configurations. Typically a single module is located at each pick location, although a single module can easily support two locations (up/down or left/right) using the multi-color LEDs/buttons as well as the upper and lower light bars. The four multi-color LEDs/buttons allow one picker to simultaneously pick 2, 3 or 4 orders or for 2, 3, or 4 pickers to pick simultaneously in the same area. The PicRite(R) Plus modules can support simultaneous piece/pack picking as well as CAPE's unique lot display features.
Productivity Displays: For area status displays, three or more modules may be joined to display important system messages such as productivity information. In addition to the light modules themselves, the PicRite(R) Plus Systems features a high-speed communications backbone. Intelligent light controllers can be strategically located throughout the system to control not only a pick line, but they can be used to control groups of bays or each bay individually if desired. The intelligent controllers are provided in a ruggedized housing and can operate in extreme environments. To fully utilize the available functionality, the light modules are controlled by the PicRite(R) Plus system software that includes all of the features a picking system requires. The PicRite(R) Plus system operates on the latest Microsoft Windows platforms.
"We believe that PicRite(R) Plus is quite simply the best of breed in its class and is the result of over 20 years of experience and innovation in light directed picking. In particular, the system's robustness makes it suitable for the most demanding, rugged environments. The ability to offer multi pick and multi order pick module applications, combined with real time productivity displays, provides extraordinary operational flexibility and control to a variety of users. The entire system operates on a high speed communications backbone, with intelligent controllers strategically located throughout the system to provide various control features," comments David Sasson, CAPE's COO.
CAPE is formally exhibiting the new PicRite(R) Plus pick-to-light technology this week at ProMat 2007, the largest supply chain, logistics, and material handling event in North America.
CAPE Systems is an international provider of supply chain management technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging and pallet optimization software, RFID Asset Tracking, to integrated warehouse and inventory management solutions, pick-to- light systems, and transportation management systems for enterprise wide and collaborative supply chain optimization. For more information about CAPE visit: www.capesystems.com.
Safe Harbor
Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward-looking" statements and are made pursuant to safe harbor provisions of the Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.
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ETIM (.0015) nnounces Stock Buy-Back Program
Business Wire "US Press Releases "
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETIM), a public company engaged in the design, manufacturing and marketing of licensed image caskets and urns, today announced that it will launch a comprehensive stock buy-back program during the first half of 2007.
"This stock buy-back program is focused on two goals. We want to reduce the impact new stock issuances have had on our shares and at the same time illustrate that we believe that the stock is an excellent value," said Clint Mytych, president of Eternal Image. "We have allocated a portion of our 2007 operating budget for this purpose, and will purchase a meaningful and significant number of shares on the open market from time to time as market conditions dictate."
More details regarding this program will be made available via press releases in the upcoming weeks. For more information about EI, visit the website (www.EternalImage.net) or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
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CTXI (.0015) Announces That MicroCars, Ltd. Has Received Order From United Nations For 30 Minivans
Business Wire "US Press Releases "
SAN DIEGO--(BUSINESS WIRE)--
MicroHoldings US, Inc. (Pink Sheets:CTXI) today announced that MicroCars, Ltd., has received a purchase order from the United Nations Development Programme in Sri Lanka for 30 MicroCar Minivans. The MicroCars mininvans generally retail for about $10,000 US; however, terms of this sale were not disclosed. MicroHoldings recently acquired a 40% equity stake in MicroCars, Ltd. and holds the international license for MicroCars vehicle and plant sales.
Stated Jeffrey Flannery, CEO of MicroHoldings US, Inc., "This order, from the local office of an international organization with the size and stature of the UN, is strong validation of the value that MicroCars has developed in its line of vehicles. We also believe this demonstrates that MicroCars can compete on an international level from the critical standpoints of production, quality, cost and service."
Established in 1995, MicroCars, Ltd. is the only automobile manufacturer in Sri Lanka, featuring a line that includes a sedan, a coupe, a minivan and a four wheel drive pickup truck. The Micro Cars facility is labor intensive, unlike U.S. and Western plants that rely on expensive automation and robots. The system was designed for countries such as Sri Lanka that have low labor rates but a need for high quality, inexpensive vehicles.
Investors are cautioned that certain statements contained in this document, as well as some statements in periodic press releases and some oral statements of CTXI, 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 CTXI actions, which may be provided by management, are also forward-looking statements as 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 Company 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 CTXI has no specific intention to update these statements.
Source: Centrex, Inc.
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MOBL (.0505) Acquires mobeo(R) Wireless Reseller Assets From Telecommunication Systems
PR Newswire "US Press Releases "
BETHESDA, Md., Jan. 9 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL), a broadband telecommunications services company announced today that its wholly owned subsidiary, CloseCall America, Inc., is acquiring wireless contracts representing approximately 7,000 wireless customers plus related inventory and other related assets from TCS.
In exchange for the assets, MobilePro will issue to TCS approximately 9 million restricted shares of its common stock, and will pay TCS an earn-out amount in cash based on the revenue or gross profit generated by those customers over the next three years. In addition, TCS has been granted certain registration rights with respect to the shares of common stock.
MobilePro Chairman and CEO Jay Wright said, "We are pleased to announce this transaction with TCS which scales up our cellular customer base and allows us to offer for the first time the popular RIM Blackberry products. We expect the transaction to be immediately accretive to our revenue and earnings per share, and to increase wireless as a percentage of our overall revenue. In short, we believe the deal makes financial and strategic sense for us."
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 visithttp://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. Statements regarding the expected closing date or time of the transaction and that the transactions is expected to be accretive are forward looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future. See MobilePro'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 September 30, 2006 for a discussion of some of the risks, uncertainties and other factors which necessarily qualify all
SOURCE MobilePro Corp.
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TEWW(.135) Titan Energy Worldwide Subsidiary, Stellar Energy Services, Expands Its Sales and Service Contracts in Telecommunications Markets Business Wire - January 9, 2007 9:00 AM (EDT)
SAN DIEGO, Jan 09, 2007 (BUSINESS WIRE) -- Titan Energy World Wide (OTCBB:TEWW) announced today that its wholly owned subsidiary, Stellar Energy Services, has entered into new sales and service agreements with a number of national and regional telecommunications companies. Stellar is an authorized distributor and service provider for Generac Power Systems, Inc., a manufacturer of standby and emergency engine generator systems and related equipment. Titan recently announced in December that it had acquired 100% of Stellar in a cash and stock transaction.
Stated Thomas Black, President of Titan Energy Worldwide, "The telecommunications market is a strong one for Titan and through Stellar we hope to continue to expand our sales and service agreements. The increase in the number of cellular towers and the need to upgrade at existing facilities represents a large opportunity for us to grow. At the same time, service contracts represent recurring revenues and help develop a committed client base."
Titan announced that Stellar Energy Services has entered into a new annual service contract for 2007 with a national telecommunications company. The generator preventative maintenance will be performed in North Dakota and will cover a total of 159 cellular tower locations along with refueling services. The value of the contract is $93,275.
Stellar Energy Services also secured a three year contract with another telecommunications company to provide generator preventative maintenance service and load bank testing at 89 different sites in Nebraska. The value of this contract is $195,792. After performing load bank testing, Stellar has provided three new generators at sites that needed upgrades.
Stellar is an authorized dealer and provides sales and support for Generac Power System, Inc. (www.generac.com) generators and other products in Minnesota, Western Wisconsin, North and South Dakota, Iowa and Nebraska. Through Stellar, Titan offers a full range of gas and diesel powered products including standby power systems, modular power systems, residential, light commercial and telecommunications systems.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of TEWW 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 TEWW actions, which may be provided by management, are also forward-looking statements as 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 Company 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 TEWW has no specific intention to update these statements.
SOURCE: Titan Energy Worldwide, Inc.
Titan Energy Worldwide, Inc. Jeff Flannery, 619-342-7449
Copyright Business Wire 2007
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WTVI (.007) Internet TV Goes 100" Big in Wi-Fi TV(TM) CES Demo That Could Disable Cable, Ground Satellite and Knock Over-the-Air TV Delivery Off the Air
Market Wire "US Press Releases "
LAS VEGAS, NV -- (MARKET WIRE) -- 01/09/07 -- Wi-Fi TV(TM) Inc. (PINKSHEETS: WTVI) showcased 100" big screen delivery of live Internet TV from www.Wi-FiTV.com as the 2007 Consumer Electronics Show became a showcase for melding the Internet and TV.
"We might disable cable, ground satellite and take over-the-air TV delivery off the air once the world sees that Wi-Fi TV can be seen on a big screen and our memberships are free, our phone calls are free, and we are interactive (all advertising supported)," said Alex Kanakaris, the Chairman of Wi-Fi TV Inc.
"People all around the world can watch over 450 Wi-Fi TV stations, interact, and watch the picture on the biggest TV screens; and, we are showcasing it to the press right now," said Mr. Kanakaris. "Snail TV is going the way of the dinosaur and Social Internet TV has arrived," he told a crowd that gathered to see what was going on.
Using the Wi-Fi TV web site, a high speed Internet connection and a media computer outputting its picture directly to a High Definition projector and a receiver with 7 channel sound, Wi-Fi TV rocked the Las Vegas landscape with live TV stations devoted to Music, Finance, Space, Web Cams, Education, News and more.
Wi-Fi TV also announced that it is adding a High Definition category to its selection of Wi-Fi TV Stations(TM) which will feature programming encoded at rates of 700 and higher. Wi-Fi TV also announced that it will be allowing Wi-Fi TV Station owners the option of offering a High Definition station feed.
"Even with standard definition stations, which are the most universally viewable on the Internet, it is now easy and realistic to deliver Wi-Fi TV to a big screen experience. And, Wi-Fi TV will be on the cutting edge of introducing High Definition TV delivery over the Internet," said Mr. Kanakaris.
"We will continue our demonstrations of big screen delivery of Wi-Fi TV for the media at our Newport Beach, CA demo room throughout the month of January," Mr. Kanakaris added.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Ownership of Wi-Fi TV Channels is for sale at $25,000 (full details are on the web site www.Wi-FiTV.com).
Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Press Relations
Wi-Fi TV Inc. has opened a new content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-FI TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
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SCLL (.15) Announces Issuance of Fundamental Human Stem Cell Patent
Business Wire "US Press Releases "
HOUSTON--(BUSINESS WIRE)--
Stem Cell Innovations, Inc. (OTCBB:SCLL) announced today the issuance of a key patent covering human pluripotent stem cells in the United States. "The patent provides a broad blocking position for the pluripotent cells of interest to Stem Cell Innovations as it covers isolated human primordial germ cell derived pluripotent cells," said Stem Cell Innovations CEO Dr. James Kelly. "We believe that this is a fundamental patent in human stem cell biology and an important addition to our foundational IP." The patent was issued in the United States as U.S. Patent No. 7,153,684 and is licensed exclusively to Stem Cell Innovations.
Stem Cell Innovations is developing PluriCells(TM), a new human stem cell technology derived from primordial germ cells of fetal tissue. PluriCells are distinct from ES cells and are believed to be outside the competitive patents on human ES cells. Primordial germ cells are one of only two types of cells known to be able to produce any of the more than 200 cell types found in the human body. The primordial germ cells are the cells that eventually produce the sperm and the egg, passing the genome along to the next generation. Stem cell cultures generated from these cells are believed to have tremendous promise in advancing drug discovery and cell-based therapies for some of our most intractable health problems, such as neurodegenerative disease. Stem Cell Innovations is actively pursuing these applications, such as in the recently announced drug discovery program with the ALS Association.
About Stem Cell Innovations, Inc.
SCI is a cell biology company with facilities in Scotch Plains, NJ, Houston, TX and in Leiden, the Netherlands. Stem Cell Innovations proprietary, human pluripotent stem cells, known as PluriCells(TM), have the potential to aid in drug discovery, toxicology, and cell therapy. Stem Cell Innovations is in the process of making its patented pluripotent cell lines, which are eligible for federal funding in the U.S., widely available to universities and other not-for-profit institutions to rapidly advance stem cell research.
Stem Cell Innovations is positioned to become a leading provider of toxicology testing and discovery systems for the pharmaceutical, chemical, and nutraceutical industries around the world. The development of the proprietary PluriCell(TM) technology greatly expands the Company's currently marketed C3A human liver cell-based toxicology offerings.
PluriCells is a Trademark of Stem Cell Innovations, Inc.
Forward-Looking Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Forward-Looking statements are not statements of historical facts, but rather reflect our current expectations concerning future events and results. We use words such as "expects", "intends", "believes", "may", "will" and "anticipates" to indicate forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including, but not limited to, those risks and uncertainties detailed in the Company's periodic reports filed with the Securities and Exchange Commission. We caution that these risk factors may not be exhaustive. We operate in a continually changing business environment, and new risk factors emerge from time to time. We cannot predict these new risk factors, nor can we assess the effect, if any, of the new risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ from those expressed or implied by these forward-looking statements.
If any one or more or these expectations and assumptions proves incorrect, actual results will likely differ materially from those contemplated by the forward-looking statements. Even if all of the foregoing assumptions and expectations prove correct, actual results may still differ materially from those expressed in the forward-looking statements as a result of factors we may not anticipate or that may be beyond our control. While we cannot assess the future impact that any of these differences could have on our business, financial condition, results of operations and cash flows or the market price of shares of our common stock, the difference could be significant. We do not undertake to update any forward-looking statements made by us, whether as a result of new information, future events or otherwise. You are cautioned.
Source: Stem Cell Innovations, Inc.
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UPDA (.109) exas Trading Subsidiary Makes First Delivery of Unleaded Gasoline -- Expansion Continues into Blending and Distribution of Refined Products
Business Wire "US Press Releases "
SAN ANTONIO--(BUSINESS WIRE)--
Universal Property Development and Acquisition Corporation (OTCBB: UPDA) subsidiary, UPDA Texas Trading, Inc. will this week make its first delivery of unleaded gasoline to a distributor serving the San Antonio, Texas market. This delivery signals the continued expansion of UPDA and is the result of the evolution of UPDA's network of vendors and partners in the energy industry.
Working in conjunction with partners experienced in the blending of fuels, UPDA has agreed to the development of a unique formula for unleaded gasoline and will increase the volume of its production utilizing the storage facility UPDA's US Petroleum Depot subsidiary has acquired in Brownsville, Texas. UPDA is also in the process of cultivating a distribution network to market and deliver this gasoline to independent dealers and retail outlets. As this network matures, UPDA anticipates the acquisition of additional storage and blending facilities.
UPDA's expansion into blending and distribution, initiated in June, 2006, is being directed by Timothy Brink, the former Branded Retail Representative of Hess Corporation (NYSE: HES) and President of Magna Oil, a private gasoline retailer in Florida. Mr. Brink, an engineer and MBA brings more than 16 years experience in the oil and gas business to UPDA.
"This expansion demonstrates UPDA's firm commitment to mature into a full service energy concern," reports UPDA Vice President Chris McCauley. "With Tim's experience and relationships in this facet of the business, UPDA expects to progress rapidly, establishing brand recognition and customer loyalty. As time goes on, we anticipate seeing the UPDA logo on tank trucks and gas pumps as well as on pump jacks and storage tanks."
Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Source: Universal Property Development and Acquisition Corporation
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IRBO (.15) Demonstrates That Viprovex(TM) Is a Potential Treatment for Avian and Other Influenzas
PR Newswire "US Press Releases "
SCOTTSDALE, Ariz., Jan. 9 /PRNewswire-FirstCall/ -- ImmuneRegen BioSciences, a wholly owned subsidiary of IR BioSciences Holdings, Inc. (OTC Bulletin Board: IRBO), today announced results from tests conducted using Viprovex(TM), its proprietary compound, in a severe influenza treatment study. Tests evaluating ImmuneRegen's Viprovex(TM) as a measure in the possible treatment of influenza virus infection were conducted at Virion Systems, Inc. (VSI), a Maryland biotechnology corporation. Influenza studies were performed using a cotton rat (Sigmodon hispidus) model system with the influenza A/Wuhan/359/95 (H3N2), a robust, peer-reviewed model system for studying human influenza.
Management believes that preliminary results of Viprovex treatment of cotton rats infected with the H3N2/Wuhan human influenza virus provided indications that Viprovex may have positive effects on enhancing immunity against influenza infection and supports ongoing development of Viprovex as a potential treatment for seasonal influenza.
Viprovex treatment reduced nasal and lung titers one- to two- logs (90+ %) compared to infected but untreated controls. In addition, treated animals appeared to lose less weight than untreated infected animals and appeared to regain normal body weight more rapidly. Additionally, Viprovex treated animals appeared to have less change in body temperature then untreated animals.
Company officials believe that the preliminary data suggests that Viprovex could have positive effects in the treatment of influenza infection perhaps through the modulation of cytokine activation and in the enhancement of innate immunity to influenza. Additional studies are presently underway in this and other influenza model systems to confirm and expand these results.
About Virion Systems, Inc.
Virion Systems, Inc. is a Maryland biotechnology corporation focused on the prevention and treatment of infectious diseases, particularly those involving infants and children. Its core technology is the use of the cotton rat as an animal model of human infectious diseases. VSI performs contract research for academic and commercial groups, centered around the use of the cotton rat. In addition to research on prevention and treatment of infectious diseases, VSI also conducts contract research involving the use of adenoviruses as vectors for genetic therapy, as the cotton rat is the only small animal permissive for human adenoviruses.
About ImmuneRegen BioSciences, Inc.
IR BioSciences Holdings Inc., through its wholly owned subsidiary ImmuneRegen BioSciences, Inc., is a development stage biotechnology company focused on the research and development of Homspera(TM) and its derivatives Radilex(TM) and Viprovex(TM), which are designed to be used as countermeasures for multiple homeland security bioterrorism threats. Homspera is derived from modified Substance P, a naturally occurring peptide immunomodulator and homeostatic compound with the dual effect of improving pulmonary function and the stimulation of the human immune system. For more information, please visit the company's website at www.immuneregen.com.
Statements about the Company's future expectations, including statements about the potential for the Company's drug candidates, science and technology, and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. These future events may not occur as and when expected, if at all, and, together with the Company's business, are subject to various risks and uncertainties. The Company's actual results could differ materially from expected results as a result of a number of factors, including the fact that preliminary results involved only a small number of test mice, the subsequent investigations were limited in scope, the uncertainties inherent in research and development collaborations, pre- clinical and clinical trials and product development programs, (including, but not limited to the fact that future results or research and development efforts may prove less encouraging than current results or cause side effects not observed in current pre-clinical trials) the evaluation of potential opportunities, the level of corporate expenditures and monies available for further studies, capital market conditions, and others set forth in the Company's periodic report on Form 10-QSB for the three months ended September 30, 2006 and on Form 10-KSB for the twelve months ended December 31, 2005 as filed with the Securities and Exchange Commission. There are no guarantees that any of the Company's proposed products will prove to be commercially successful. The Company undertakes no duty to update forward- looking statements.
MEDIA CONTACT: W. Jason Grimley Spelling Communications 310-477-9500 jgrimley*spellcom.com
INVESTOR CONTACT: Josh Reynolds CEOcast, Inc. 212-732-4300 jreynolds*ceocast.com
SOURCE ImmuneRegen BioSciences
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SFNN(.028) Shearson Home Loans Expands Operations Infrastructure Market Wire - January 9, 2007 9:08 AM (EDT)
LAS VEGAS, NV -- (MARKET WIRE) -- Jan 09, 2007 -- Shearson Financial Network, (OTCBB: SFNN) has reported that its subsidiary Shearson Home Loans, is expanding its mortgage banking division operating infrastructure in order to accommodate its planned new business for 2007. The Company appointed Doug Lawrence as President of Shearson Home Loans, expanded its current warehouse banking credit facilities from 75 million to 83 million by the addition of a line of credit with Sterling Eagle, a warehouse lender based in West Trenton, New Jersey. An aggressive recruitment program as well as increasing its states licensing program, has given the Company a broader base to accommodate the forecast of new mortgage business planned for 2007.
Chairman & CEO Michael A. Barron said, "We have been working towards strengthing our current infrastructure of our mortgage operations for growth for some time now. The Company has expanded its states licensing program from 17 states in 2005, to 47 states in 2006, a 176% increase for the year and plans to continue throughout 2007 the growth of the states it is licensed to do business in. This expansion allows Shearson to accommodate those companies wishing to affiliate with the network. Our selection of Doug Lawrence, a twenty-year seasoned veteran in mortgage banking with a proven track record of successfully increasing loan production towards billion dollar levels, as President of Shearson Home Loans, solidifies our commitment for growth for 2007."
About Shearson Home Loans
Shearson Home Loans is a fast-growing provider of residential mortgages. It employs over 500 people in the residential mortgage division. Shearson operates 54,000 sq. ft. of branch office space with 37 locations in 47 states. The company is a consolidator of independent mortgage brokerages and has grown rapidly during the last three years through acquisition and consolidation. The company currently is seeking new branches for its growing network. For more information, please visit the company's website at www.shearsonhomeloans.com.
Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected results and market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.
CONTACT: Shearson Home Loans Michael Barron 702-868-7922
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VOII (.29) Google Mobile Expands Click-To-Call Technology Into China Using VoIP, Inc.'s Network
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
VoIP, Inc.'s (OTCBB: VOII) Chairman and CEO Anthony J. Cataldo, VoIP, Inc.'s (OTCBB: VOII) disclosed today, for the first time publicly, that Google Mobile has expanded the use of "Click to call" technology into China and eight additional international markets using VoIP, Inc.'s network. The announcement, made in an online interview conducted by Mr. Cataldo at www.ceocast.com, means that users who employ Google for mobile search in China, can now call directly from their cell phone to an advertiser identified through Google's mobile search capability.
According to a Google spokesperson, China marks the eighth and largest international market in which Google will exclusively use VoIP's network to connect calls. VoIP's network is also being used by Google in the United States, United Kingdom, Germany and Japan, and recently expanded into international France, Italy, the Netherlands, Spain, China, Ireland, India and Australia.
VoIP, a leading provider of turnkey Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers worldwide, receives an undisclosed fee each time it connects a call between the consumer and advertiser.
"We are pleased that Google has decided to further expand the use of our network and its incorporated technology platform to connect consumers and merchants for mobile applications," said Mr. Cataldo in the interview. "The use of Google and "Click to Call" technology in mobile applications represents a logical way for consumers to access information and contact merchants at a time when they desire to shop for products and services. We are excited to work with the leader in search technology as it enters the next frontier in search technology."
The use of VoIP's network and incorporated technology by Google in China follows the launch by Google, less than two months ago, of Google Maps (http://maps.google.com), which also uses VoIP's technology in a manner similar to the mobile applications in international markets.
VoIP, Inc. is a leading provider of turnkey Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers worldwide. The company is also a certified Competitive Local Exchange Carrier (CLEC) and Inter Exchange Carrier (IXC). Through its wholly owned subsidiary, VoiceOne Communications, LLC, the Company provides a comprehensive portfolio of advanced telecommunications technologies, enhanced services, broadband products, and fulfillment services to the VoIP and related communications industries. Current and targeted customers include IXCs, CLECs, Internet Telephony and Conventional Telephony Service Providers (ISPs and ITSPs), cable operators and other VoIP Service Providers in the United States and countries around the world. The Company enables these customers to expand their product/service offerings by providing VoIP's nationwide Multi-Protocol Label Switching (MPLS) and other services such as voice termination/origination, e911 emergency call service for VoIP, CALEA, Broadband Voice, IP Centrex and other advanced communications services and technologies. For information on VoIP, Inc. please visit the company's web site: http://www.voipinc.com.
Safe Harbor Statements about the Company's future expectations and all other statements in this press release other than historical facts, are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words 'anticipate,' 'estimate,' 'expect,' 'intend,' 'plans,' 'projects,' and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
Source: CEOcast, Inc.
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FCCN (.043) Reports Board Appointments and Correction of Nevada Filing Affecting the Company's Capital Structure
Market Wire "US Press Releases "
TEMECULA, CA -- (MARKET WIRE) -- 01/09/07 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced appointments to the Board of Directors designed to bolster the transitional management team that is expected to lead the company through its planned acquisition of Aero Exhaust, a leader in performance exhaust airflow technology and NASCAR Performance Partner. The company also reported the filing of a certificate of amendment with the state of Nevada correcting a previous amendment filed by former management, which did not have the required approval of Franchise Capital shareholders.
On January 2, 2007, Robert McCoy, the sole member of the Board of Directors, appointed Jim Bickel and Gary Nerison to serve as members of the Board of Directors. Mr. Bickel will serve as chairman of the investment committee and as a member of the audit committee, and Mr. Nerison will serve as chairman of the audit committee and as a member of the investment committee. Both new Directors entered into agreements with the company, effective as of January 2, 2007, and each will receive a monthly $1,000 fee for services rendered. The Board of Directors now consists of Robert McCoy, Jim Bickel and Gary Nerison, each of whom is an independent director.
Jim Bickel has experience in the motor sports industry, having owned his own Formula Ford racing team running in the West Coast Series. He also sponsored and helped manage a two-car Trans Am team in partnership with RPM Racing, during which time they followed the Indy Car/Cart series racing at most of the major venues in the U.S. For a brief period, Mr. Bickel sponsored an Indy Car that raced at Indianapolis, and his racing interest dates back to the days with the Granatellis at the Indy 500.
"We are pleased to have added these two experienced businessmen to the management team of Franchise Capital, particularly to assist in closing the company's acquisition of Aero Exhaust and execute our subsequent growth strategy," stated chief executive officer Steven R. Peacock.
Biographical information on the two new Directors is included in a Current Report on Form 8-K filed with the Securities and Exchange Commission on January 8, 2007.
In another 8-K filed on the same date, Franchise Capital reported that it filed a Certificate of Amendment to Articles of Incorporation to correct a Certificate of Amendment to Articles of Incorporation filed in error on October 3, 2005. The erroneous amendment changed the capital structure of the company without the proper shareholder approval, and the amendment filed on January 3, 2007 restored the previous capital structure of the company. The total number of shares of stock that the company has the authority to issue is 5,030,000,000, which consists of 5,000,000,000 shares of common stock and 30,000,000 shares of preferred stock.
"From the time that current management was appointed to lead Franchise Capital, we have targeted compliance as a major goal, and this corrective action was necessary to ensure that Franchise Capital remains in good standing with its state of incorporation as well with S.E.C. requirements for public companies," stated Mr. Peacock. "Whatever future potential restructuring that the company may undertake as a result of its anticipated acquisition of Aero Exhaust, Inc. will follow the proper procedures as outlined by the company's bylaws, the state of Nevada, and S.E.C. regulations."
In December 2006, Franchise Capital entered into a preliminary agreement to acquire the issued and outstanding shares of Aero Exhaust, whose mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. The company is currently conducting its due diligence and expects to announce a definitive agreement with Aero Exhaust by mid-January 2007.
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.
About Aero Exhaust:
Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate web site, www.aeroexhaust.com.
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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Eternal Image Announces Stock Buy-Back Program Jan 9, 2007 9:00:00 AM Copyright Business Wire 2007 FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
(.0016)
Eternal Image, Inc. (OTC:ETIM), a public company engaged in the design, manufacturing and marketing of licensed image caskets and urns, today announced that it will launch a comprehensive stock buy-back program during the first half of 2007.
"This stock buy-back program is focused on two goals. We want to reduce the impact new stock issuances have had on our shares and at the same time illustrate that we believe that the stock is an excellent value," said Clint Mytych, president of Eternal Image. "We have allocated a portion of our 2007 operating budget for this purpose, and will purchase a meaningful and significant number of shares on the open market from time to time as market conditions dictate."
More details regarding this program will be made available via press releases in the upcoming weeks. For more information about EI, visit the website (www.EternalImage.net) or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
---------------------------------------------- Eternal Image Inc. Investor Relations: Cambridge Investor Relations Tony Fazio 718-214-9038 or Media Relations: a.s.a.p.r. Robbie Tarpley Raffish 410-883-2000 robbie*asapr.com
Posts: 359 | From: Minneapolis, MN | Registered: Mar 2006
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WNBD (.017) Launches New 4oz Version in USA
Market Wire "US Press Releases "
BARRIE, ON -- (MARKET WIRE) -- 01/09/07 -- Winning Brands Corporation (PINKSHEETS: WNBD) announces today that Winning Colours® Multi-Cleaner new 4oz (125ml) pocket size has completed pre-launch testing in the Chicago metropolitan area, moving from "trials" to live sales effective immediately in several communities on the outskirts of Chicago. The new SKU (Stock Keeping Unit) for the breakthrough clean-up solution was given the formal go-ahead today by an established regional group of Ace Hardware stores serving Naperville, Aurora, Wheaton, Plainfield, Romeoville and Montgomery. This group leads USA market testing of Winning Colours® Multi-Cleaner and has received consistent positive consumer feedback. With a population over 9 Million, Greater Chicago is a key target market for Winning Colours® Multi-Cleaner. Ace Hardware is a retailer owned co-operative with 4,700 locations in all 50 states and several international markets. Other stores in this banner and the manufacturer's rep agencies that service Ace are watching developments to determine next steps.
Accordingly, Winning Colours® Multi-Cleaner (www.WinningColours.com) will be profiled in the March 2007 issue of the Paint & Decorating Retailers Association national magazine and is making news in the home improvement industry because of the product's easy conversion of oil based messes and other problems into a simple clean-up with plain water. Unlike conventional solvents, Winning Colours® Multi-Cleaner was developed to be kind to skin and the environment. The Ace Hardware store experiences will be described by the magazine.
Winning Brands' Sales Manager Lorne Kelly recalls that it was only as recently as September 2006 that the same Illinois group introduced the 32oz-size product to Chicago, viewing this as a positive leading indicator. "The Buikema's Ace Hardware team is impressive," says Kelly. "They're keen to receive training for products that make their customers winners."
Winning Brands Corporation (www.WinningBrands.ca) CEO Eric Lehner points out that Winning Colours® is becoming known as a reliable distribution partner because of the company's systematic style. In a recent interview, he shared this outlook -- "Unlike many young emerging firms, we are steady and sensible. So, for example, at this early stage we're pouring the concrete foundation" for a solid future -- we all know that things which are carefully planned do better over the long term, but it takes discipline . The highly visible activities are still ahead. One day people will say we were an 'overnight' success, but those who are part of the team in the early days will be the ones first sharing the fruits of that 'overnight' success." Winning Brands is a North American manufacturer of environmentally responsible cleaning solutions. The Company's mission is to replace hazardous chemicals in widespread use with safer alternatives. In addition to its consumer products, Winning Brands is a leader in the development of non-toxic alternatives for Dry Cleaners wishing to discontinue use of Perchlorethylene (a toxic solvent used by approximately 28,000 Dry Cleaning plants in America).
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control.
Contact Information Rhonda Windsor Vice-President Investor Relations Winning Brands Corporation 11 Victoria Street, Suite 220A Barrie, Ontario, Canada L4N 6T3 905-898-2646 www.WinningBrands.ca rhonda*WinningBrands.ca
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NTLB (.065) nveils 2007 Marketing Plan; Plans to Launch E-Commerce Web Site; Releases TV Commercials
PrimeZone "PrimeZone "
LANGLEY, British Columbia, Jan. 9, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NTLB), a company engaged in the business of manufacturing and worldwide marketing of ultra-performance lubricants and fuel conditioners designed to perform in extreme temperatures, unveiled today the company's 2007 marketing plan.
Nitro Lube, Inc. has finished editing and taping its 15, 30, and 60 second TV commercials, featuring Nitro Lube and its products. The commercials are planned to be aired first in Canada, and our shareholders can have a first view of the 60 second TV commercial at http://www.nitrolube.com.
In addition to the TV commercials, the company is in the process of developing its E-commerce web site for its Nitro Lube product line. An online order platform will help the company increase sales, and will allow customers from all over the world easier access to buying our products. The E-commerce site is expected to be launched in the next 60-90 days.
Jason Rite, CEO of Nitro Lube, Inc., stated, " The company is extremely excited regarding the roll out of our 2007 Marketing strategy that we believe will effectively help Nitro Lube on its quest to becoming a household name in the automotive, industrial, and mining markets. We are in a multi-billion dollar a year industry and are moving one step closer in capturing a piece of it."
He added, "The TV commercials will help us brand the company name and help consumers learn about what we have to offer. In anticipation of heavier sales volume generated by our TV commercials, Nitro Lube is in the process of setting up an E-commerce web site that will allow consumers from all over the world the ability to purchase Nitro Lube products from the comfort of their computers. This will help us process requests faster and give our customers a more convenient way of ordering our products."
About Nitro Lube, Inc.
Nitro Lube, Inc. is engaged in the business of manufacturing and worldwide marketing of ultra performance lubricants and fuel conditioners designed to perform in extreme temperatures. All products produced and sold by NTLB contain the revolutionary "PMF 2000" formula. Nitro Lube, Inc. has offices in Langley, BC; Las Vegas, NV; and, Indian Wells, CA. The company maintains a website at: http://www.nitrolube.com. 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 Nitro Lube, Inc., and members of 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 actual results may differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to expand. Important factors currently known to management that could cause actual results to differ materially from those in forward-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.
CONTACT: Nitro Lube, Inc. Jason I. Rite, President (866) 539-9404 info*nitrolube.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Press Release Source: First Guardian Financial Corporation
First Guardian Financial Corporation Names Interim President Tuesday January 9, 10:02 am ET
NEW YORK--(BUSINESS WIRE)--First Guardian Financial Corporation (PINK SHEETS: FGFC - News) today announced that it has named Mr. Fauzie Mohamed as the interim President of the company. Mr. Mohamed has most recently served as the company's Director of Buysellmerge.com unit and President of Windsor Capital. ADVERTISEMENT
Mr. Mohamed was educated at the University of London, England. B.Sc. Computer Science.
Mr. Mohamed has compiled an impressive Information Systems/Technology background related to Project Management/Project Leadership, Feasibility, Business Analysis, Requirements Definition, Systems Architecture, Design, Development, Testing and Implementation of large, complex Online/Real Time and Batch Systems. He is a proven performer who has led by example, maintained technical skills and accepted greater leadership and management responsibilities. He is able to successfully handle Projects from conception through to implementation because he has maintained his unique combination of skills. His 36+ years of information systems experience have covered the UK, Canada and the United States where he has lived and worked on a variety of Projects for various types of clients, designing, building and implementing large complex application systems.
Since 1994 Mr. Mohamed's assignments have been in the Wall Street, NY area. During this time his clients have included Merrill Lynch, Citigroup/Smith Barney, Deutsche Bank/Banker's Trust, Citibank and Chase Manhattan Bank/JP Morgan Chase.
Mr. Mohamed possesses a strong background in Mortgage Backed Securities, Securities/Brokerage Systems, Banking Application Systems, Mutual Fund/Investment System, and Trade Information System. Financial Products Sub-System, Branch Electronic Reporting System, Financial Accounting System, Mortgage Administration Systems, & Loan System. Mr. Mohamed is married with one daughter and is a citizen of the United States and lives in New York City.
Mr. Mohamed said: "I am very enthusiastic about the opportunity to lead First Guardian Financial Corporation and to aggressively execute our strategic plan. In recent months, the company has adopted a comprehensive strategy, we will strengthen our portfolio through both acquisitions and organic growth, although we still have much to do, these steps have positioned us to achieve our stated goals."
Mr. Mohamed continued: "Going forward, we will maintain a sharp focus on meeting all of our stated objectives and will continue to grow the business per its current business plan, we have a strong roster of clients and business partners and I look forward to continuing to work closely with our business partners and clients."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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