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QTEK (.02) Expects Significant Revenue Increases in First Quarter of 2007
Market Wire "US Press Releases "
HUNTINGTON BEACH, CA -- (MARKET WIRE) -- 01/30/07 -- Quintek Technologies, Inc. (OTCBB: QTEK), a global provider of Business Process Outsourcing (BPO) and best-of-breed technology consulting services, announced today that it expects to see significant revenue increases in the first quarter of 2007.
The Company previously stated that it had increased its sales and marketing activities, and it is beginning to see substantial return from these efforts. Results of the marketing efforts were confirmed in a surge in new business proposals for customers. The Company is now beginning to experience a material increase in new business that should be represented in the results for the quarter ending March 31, 2007.
Robert Steele, Quintek CEO, commented, "Recent financing activity has allowed us to invest in growing our sales and marketing activities. The first round of funding came in last May. With a six to nine month sales cycle, we are now seeing the new customers and the revenue growth from that investment." Steele added, "We expect that these new sales and marketing efforts will result in continued quarter-over-quarter growth."
About Quintek Technologies, Inc.
Quintek Technologies, Inc. (OTCBB: QTEK), through its wholly owned subsidiaries Quintek Services, Inc. (QSI), and Sapphire Consulting Services, Inc., provides services to enable Fortune 500 and Global 2000 corporations to reduce costs and maximize revenues.
QSI delivers Business Process Outsourcing (BPO) services and solutions that enable companies to secure and manage their key data processing demands with optimal efficiency and minimal costs. As a next-generation technology company, Quintek is unhindered by outdated information technology systems, and thus is able to deploy best-of-breed solutions in all aspects of BPO. Forrester Research, Inc. estimates that the market for BPO services will grow from $19 billion in 2004 to $146 billion in 2008. Business Insights estimated the BPO market as the fastest growing area of the IT services sector. Growing at 8% annually, it is expected to grow from $112.1 billion in 2005 to $144 billion in 2008.
Sapphire Consulting Services, Inc. offers a broad range of supply chain management consulting services. Sapphire assists organizations to create a higher level of customer satisfaction, enhance supply chain capability and achieve consistent competitive advantage through reduced product cost, reduced inventory investment and improved supply chain security. A study by IDC found the SCM services market will expand from $26.1 billion in 2002 to $40.5 billion in 2007, representing a five-year compound annual growth rate (CAGR) of 9.2%.
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or 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 Quintek to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in Quintek's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2006 and any subsequent reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Quintek assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, inability to timely develop products or services, inability to deliver products or services when ordered, inability of potential customers to pay for ordered products or services, and political and economic risks inherent in domestic and international trade.
Cinapsys, Inc. Mark Moline (760) 458-4899 Email Contact
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TORONTO -- (MARKET WIRE) -- 01/30/07 -- Conforce International, Inc. (PINKSHEETS: CFRI), developers of the revolutionary EKO-FLOR composite container flooring system, announced today that it will file the necessary documentation in connection with the listing of its security on the over-the-counter Bulletin Board quotation service (OTCBB).
Pursuant to OTCBB eligibility requirements, the company is in the process of preparing its Form 10-SB Registration Statement for filing with the Securities and Exchange Commission (SEC). The company anticipates that its Form 10-SB Registration Statement will become effective in 60 days from date of filing. Once effective, Conforce will become a Securities Exchange Act of 1934 reporting company, as is required for securities quoted on the OTCBB.
Conforce common stock will continue to trade on the over-the-counter Pinks Sheets listing service until it's Registration Statement has been approved by the SEC and it becomes eligible for listing on the OTCBB. The OTCBB is a regulated quotation service owned by NASDAQ, and whose broker/dealer members are governed by the National Association of Securities Dealers (NASD).
Conforce President and CEO Marino Kulas stated that, "The move to the OTC Bulletin Board is the next logical progression in our company's evolution. As a growing public company, we believe that the more stringent disclosure requirements imposed by the SEC and increased transparency of the Bulletin Board will be of benefit to both new and existing Shareholders."
About Conforce International
Management of the company has been in the container business for over 25 years. In addition to the company's terminal operations division that provides complete services to the International steamship lines through its 5,000+ container facility, Conforce has developed a revolutionary composite product designed to change the way shipping containers are made, worldwide. The environmentally friendly product, registered as EKO-FLOR, was recently certified by the American Bureau of Shipping for use in shipping containers. The product was officially launched on December 5th, 2006 at the 31st annual Intermodal Conference in Hamburg Germany, the world's leading container event. For more information on the Company, its EKO-FLOR product, or its Terminal Operations, please visit: www.conforce1.com.
Safe Harbor Act Disclaimer: "Forward-looking statements" in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell securities.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DRGV (039) Sees Strong Growth in Revenues and Earnings for 2007 Financial Forecast
Market Wire "US Press Releases "
SHANGHAI, CHINA -- (MARKET WIRE) -- 01/30/07 -- Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging technology companies in China, today announced its financial forecast for 2007. The Company's management anticipates the main driver of its expansion in 2007 will come from internal expansion of its current subsidiaries coupled with the execution of select accretive acquisitions. Management sees 2007 revenues from the current operations of its 7 Chinese subsidiaries in the range of $55 to $60 million with net income in excess of $1.5 million as net margins continue to improve.
Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, stated, "We continue to see strong momentum across our subsidiaries and have identified several potential acquisition candidates with businesses that complement our current products and services. We believe that we are well positioned to grow our operations from both a top and bottom line prospective in 2007 and will continue in our mission to deliver superior growth to our shareholders."
About Dragon Capital Group Corp.
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
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LOS ANGELES, Jan. 30 /PRNewswire-FirstCall/ -- Grand Havana Enterprises, Inc. (OTC: PUFF) today announced that the company is going private. In connection therewith, the company entered into a merger agreement with Grand Havana Acquisition Corp. ("Acquisition Corp"). Stanley Shuster, the Chairman, President and Chief Executive Officer of Grand Havana Enterprises, Inc., owns 88% of the issued and outstanding common stock of Acquisition Corp.
The company's Board of Directors, and stockholders owning a majority of the company's common stock, have approved the merger. It is anticipated that the merger will close on or about February 21, 2007. At the effective time of the merger, Acquisition Corp. will be merged with and into the company. The separate corporate existence of Acquisition Corp. will cease to exist and the company will continue as the surviving corporation.
As a result of the merger, the company's stockholders (other than Stanley Shuster), as determined immediately prior to giving effect to the merger, will receive $0.22 per share for each share of common stock held by each stockholder. Each share of common stock held by Stanley Shuster immediately before the closing of the merger will be cancelled and nothing will be issued or paid in respect thereof. In addition, any options, warrants or other rights to subscribe for shares of the company's capital stock in existence on or prior to the merger will be cancelled immediately before giving effect to the merger. At the closing, the stockholders of Acquisition Corp. will own all of the issued and outstanding shares of the company's common stock.
All of the company's stockholders are urged to read the Information Statement and all other materials relating to the merger that will be mailed to the stockholders on January 31, 2007, since they will contain important information about the merger.
Grand Havana Enterprises, Inc. owns and operates private membership cigar clubs under the name "Grand Havana Room" and one retail cigar store under the name "Grand Havana House of Cigars." Grand Havana currently owns and operates two Grand Havana Rooms which are located in Beverly Hills, CA and New York, NY, and one Grand Havana House of Cigars retail store located in Beverly Hills, CA. Grand Havana's primary business is operating its existing cigar clubs and retail store.
This release contains forward-looking statements as well as historical information. Statements of goals and strategies and words such as "plan", "believe", "anticipate", "expect", "objectives", "forecast", and "predict" and other similar words are intended to identify forward-looking statements. These forward looking statements are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, and involve risks, uncertainties and other factors that may cause the Company's actual results, performance, or financial condition to be materially different from any results, performance, or financial condition suggested by the statements in this release.
SOURCE Grand Havana Enterprises, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Martin Nutraceuticals Inc. Announces Projections for 2007
Tuesday , January 30, 2007 16:05ET
RENO, Nev., Jan 30, 2007 (BUSINESS WIRE) -- Martin Nutraceuticals Inc. (MNCL.PK) is pleased to announce it has completed its internal projections for 2007. The Company has been working diligently to complete the DRTV (Infomercial) campaign for Medical Crisis - Secrets Your Doctor Won't Share With You, which is scheduled to run its test market in the second quarter 2007. "It has been a very long and hard road but we feel the finish line is getting closer and closer," states Harvey Panesar, President of Martin Nutraceuticals Inc.
Based on the test market airing in the second quarter of 2007 the company is projecting mass volume sales for the DRTV campaign to begin in third quarter of 2007. Internal projections are forecasting DRTV revenues to be in excess of $8,000,000 USD for the third and fourth quarters of 2007. In conjunction with the DRTV campaign the company anticipates an increased growth in product sales, which should lead to combined sales in excess of $10,000,000 USD by the end of 2007.
"In light of the timing of the DRTV campaign the company is being very reserved as it pertains to its internal projections," states Harvey Panesar, President of Martin Nutraceuticals.
About Martin Nutraceuticals Inc.:
Martin Nutraceuticals Inc. is a company focused on providing a better health and lifestyle through natural products. Martin Nutraceuticals flagship products include Arthrizyme(TM) for general joint pain and Oxygenol(TM) for anti-oxidation and Maximum Slim(TM) for weight control.
Arthrizyme(TM) is a unique blend of systemic enzymes proven to rapidly reduce inflammation in joints and muscles. Arthrizyme(TM) is not limited to anti-inflammatory effects; it also assists the body in the healing process by breaking down fibrin in joints and muscles. Arthrizyme(TM) differs from all other natural arthritis remedies and was designed to work for all types of arthritis and in all joints of the body. Arthrizyme(TM) is fast acting, usually improving symptoms within the first few days.
For more information on the company, please contact investor relations at (973) 351-3868.
Safe Harbor Statement
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions.
SOURCE: Martin Nutraceuticals Inc.
Taylor Capitol, Inc. Investor Relations: Stephen Taylor, 973-351-3868 STEPHTAYL9*AOL.COM
Copyright Business Wire 2007
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FSBO Media Holdings Announces Business Update Jan 31, 2007 09:45:25 (ET)
Coral Springs, FL, Jan 31, 2007 (MARKET WIRE via COMTEX) -- FSBO Media Holdings, Inc. (PINKSHEETS: FSMH), in an ongoing effort to keep shareholders advised as to the company's progress, is pleased to announce the following achievements:
--FSBO Media has entered into an agreement to acquire an established "FOR SALE BY OWNER" Internet based FSBO virtual home tour and publishing company. The company is located in Florida and has developed a unique business model that sets it apart from all other "FOR SALE BY OWNER" competitors. Upon the closing of the transaction FSBO Media Holdings will be the controlling shareholder.
-- FSBO Media is in final negotiations with a premier business solutions provider for online corporate, association, charity, sports and entertainment identity. The company enables its clients to promote, conduct and optimize their Internet business opportunities, achieving a powerful and unique online identity, and profit from real time market demographic information. Its integrated web marketing will create a perpetual cycle of brand awareness, measured response, new sales, and growth for its customers. Its tools and services assist and increase business communication, efficiencies in the workplace, and provide the best in business identity, branding and Internet web presence.
--FSBO Media is in final negotiations with a publicly traded fully reporting company that will provide full video and television production capabilities. The company is located in South Florida. Under the terms of the agreement FSBO Media will enter into a video and television production agreement with the company. FSBO will also exchange certain business assets for a fifty percent shareholder interest in the production company. The production company shall receive a fifty percent interest in FSBO Media Holdings as part of the transaction and will establish its worldwide business offices within the FSBO Media's offices in Coral Springs, Florida.
About FSBO Media Holdings, Inc.
FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing and branding/identity. FSMH utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products and technologies through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses and technologies as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items and FSBO Financial Network by which the Video-Spectus(TM) is produced and sold. FSBO flat fee home listing and marketing services are offered to our subscribers at substantial discounts. The company has also created self-help training CDs to include By Owner University which guides the FOR SALE BY OWNER subscriber with tips and ideas on how to sell their home on their own. The Help-U-Build Guide instructs the subscriber how to build their home on their own which could save them thousands in construction costs. Both CDs are produced in English & Spanish.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of FSBO Media Holdings, Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
Contact: FSBO Media Holdings Inc. Marlene Shim, Public Relations marlene*fsbomediaholdings.com 1-866-453-FSBO (3726)
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Alcar Chemicals Continues Take-Over Talks With US Sustainable Energy Corp. 9:45a ET January 31, 2007 (Market Wire)
Alcar Chemical Group Inc. (PINKSHEETS: ACMG) announces today that it is continuing talks with US Sustainable Energy Corp. for the acquisition of controlling interest in Alcar Chemicals Group Inc. to proceed towards a US expansion for an estimated USD $280 million, representing approximately $2.00 per share.
According to the company, Alcar Chemicals Group and US Sustainable Energy Corp. have progressed beyond the memorandum of understanding and would sign a letter of intent to outline the terms and condition by which US Sustainable Energy Corp. would acquire the controlling interest of Alcar Chemicals Group Inc. The companies plan to sign a letter of intent on or before February 19, 2007.
"This take-over by US Sustainable Energy Corp. is truly welcome at this phase of our development. It will enable the company to expand its non-food based ethanol technology quickly throughout North-America," said Dr. Cavasin, CEO of Alcar Chemicals Group. "The progress we have made with our technology continues to spark interest in our industry world wide and is quickly becoming the next contender," further added Dr. Cavasin.
About The Alcar Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Investor Contact: Steven Sung Steven*alcarchemicalsgroup.com
SOURCE: Alcar Chemicals Group
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JacksonMS posted this over on hot stocks board.
PAIM
312 Grams (10 Troy Ounces) Produced for the Month of January 2007, With Total Gold Inventory Now at 396 Grams (13 Ounces), Pearl Asian Mining Industries, Inc. Reports Wednesday January 31, 10:00 am ET Pearl Asian Also Outlines Initiatives to Substantially Increase Gold Production to Achieve Initial Target of 1 Kilogram of Gold Per Week by end of March 2007; WIET President Schedules Visit to Binasan Mine Site; Pearl Asian Issues Clarification on Issuance of Dividends of Philippines Royal Oil & Alternative Energy Co., Inc. and Expounds on the Company's Growth Potential
MANILA, Philippines--(BUSINESS WIRE)--Pearl Asian Mining Industries, Inc. with Stock SYMBOLS: U.S.A. (OTC:PAIM - News); Germany (XETRA:R1Z - News) and (Frankfurt:R1Z - News) provides the following production report for its Binasan Gold Project - Operation Cagayan de Oro (CDO). For the first month of commercial operations in January 2007 covering just 26 operating days, Pearl Asian produced a total of 312 grams (10 Troy Ounces, with 31.1 grams in an ounce) of gold valued at about $6,400. Pearl Asian considers this to be a substantial achievement, taking into account that most gold mining companies take more than three years of exploration and development prior to its first gold production, whereas Pearl Asian was able to achieve its first commercially produced gold just 7 months after start of exploration & development. President/COO for Mindanao Operations & CRO Manolo Tecson reports: "Total Pearl Asian gold inventory is now at 396 grams (13 ounces) valued at $8,150. As we need to build substantial gold inventory of at least 25 kilograms minimum before we make our first gold delivery to WIET, we are currently implementing initiatives to substantially increase gold production in order to achieve our initial target production of 1 kilogram (32 Ounces) per week valued at $20,579 by end March 2007, and increase it further afterwards." ADVERTISEMENT
The activities to substantially increase gold production consist of several measures to be implemented by mine personnel. To enhance effectivity of the hydraulicking method used to expose gold ore bodies, water flow rates will be increased up to double the current rates. New channels will be excavated increasing the surface area of water flow. A new dam will be constructed to ensure a continuous supply of water to the hydraulicking activity. Construction of new sluice boxes are also being done, each having a total area of about 30 square feet. These sluice boxes entrap gold particles for harvesting, to be fed to the gold processing equipment. Finally, as a result of the surface mapping activities by PAIM's geological team, there is a very good chance that another hydraulicking trench will be developed within the next month. "It is also worth noting that so far, we have only been extracting gold basically from the surface. Once diamond drilling is done, we can then start to extract the richer gold veins under the ground," added President Tecson.
Meanwhile, WIET LLC, the US company which has gone into an agreement with Pearl Asian to purchase gold, is coordinating on a schedule for its President, Mr. Roman Gudzyuk, to visit Operation CDO very soon. "Mr. Gudzyuk is very eager to accept Pearl Asian's first gold delivery, and is likewise keen on buying other metals such as copper, manganese, iron, and others. There are also plans for Mr. Gudzyuk to accompany our Preliminary Exploration Team in its ocular inspections of new mine sites, and we hope to show them the gold, copper, and manganese mines we are evaluating at present," stated Engr. Gary Gotanco, VP-Business Development & IRO.
Last but not the least, Pearl Asian is issuing this clarification on the issuance of stock dividends of Philippines Royal Oil & Alternative Energy Co., Inc. For every 100 common shares of PAIM held as of record date of February 18, 2007, shareholders will receive 1 share of Philippines Royal Oil & Alternative Energy Co., Inc. Ex-dividend date shall be announced once determined by NASD. The change in name from Philippines Gold Mining Corporation (Other OTC Symbol: PGMC - News) to Philippines Royal Oil & Alternative Energy Co., Inc. is ongoing, including its incorporation in the State of Wyoming, thus no symbol is available for the new company as of now. "Philippines Royal Oil & Alternative Energy Co. has good potential, as oil is present in the Philippines but is as yet largely untapped. In addition, the recent directive from US President Bush to cut the country's oil consumption by 20% in 10 years and mandating the shift to biofuels ensures a large biofuels market in the US. The Philippines has vast plantations of sugarcane-raw material for bioethanol, and coconut-which is a raw material for biodiesel. The Philippines can supply much of the US demand, so it's a perfect match," stated Engr. Gotanco who is concurrently President/CEO of Philippines Royal Oil & Alternative Energy Co.,
Posts: 942 | From: Wisconsin | Registered: Jan 2006
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Press Release Source: Homeland Integrated Security Systems Inc.
Homeland Integrated Security Systems Adds Programming Capability to Advance Cyber Tracker Projects Wednesday January 31, 8:31 am ET
ASHEVILLE, NC--(MARKET WIRE)--Jan 31, 2007 -- Homeland Integrated Security Systems Inc. (Other OTC:HISC.PK - News) announced today that it has added dedicated programming resources to support the evolution of the patent pending Cyber Tracker in Machine-to-Mobile and Machine-to-Machine applications. This announcement supports earlier announcement that it intended to increase focus on the M2M arena. ADVERTISEMENT
M2M stands for Machine-to-Machine, Machine-to-Mobile, and Mobile-to-Machine. M2M is a newly evolved product category that enables the interconnection of machines with IT infrastructure and mobilized work forces. The goal of Homeland's Cyber Tracker/M2M solution is to increase efficiency and raise revenues by increasing an organization's service levels, performance and competitiveness. The Cyber Tracker allows users to access information, receive alerts regarding critical situations, and control and manipulate variables on their dispersed machine assets via a computer or PDA device. HISS believes that this market vertical has significant potential for increasing future sales.
HISS has contracted with a software programmer to assist with the final integration of OBDII and Jbus telematics applications. OBDII, or "on board diagnostics" is available on all cars and light trucks manufactured after 1996. The CT can be set up with the correct programming to send select data to the vehicle owner or other authorized individuals. Examples of data functions include engine diagnosis, oil pressure, water temperature, and airbag deployment. Jbus is a similar technology as OBDII, but is geared for heavy equipment and trucks.
"I'm really excited about the addition of Richard Harrison to the team," stated Ian Riley, CTO of Homeland Integrated Security Systems. "The company can now accelerate new product development activities that can expand sales. The next few months are going to be a very exciting time for us while we roll out new software updates and open up new market verticals."
Richard Harrison has over twenty years in systems and software development. For the last 10 years he has operated a consulting business assisting small to medium sized business in the southeast with software and technology solutions. His experience base crosses the telecom industry as well as office systems implementation and support.
"We believe that Homeland Integrated Security Systems will have the opportunity to enter additional markets with some of the new and innovative product line expansion. We have spent the last year focusing on one version of the Cyber Tracker and now we will begin to release additional versions," stated Fred Wicks, President and CEO of Homeland Integrated Security Systems.
About Homeland Integrated Security Systems, Inc.:
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. Cyber Tracker technology has applications for data and tracking functions across numerous verticals, utilizing IDEN, GSM, and Satellite technologies.
Safe Harbor: Statements regarding financial matters 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 statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
posted
ARGY .06 NEWS - mentioned as hydrogenplayer as ARSC:
AEC Announces Addition of Two New Chemicals to Its By-Product Offering Wednesday January 31, 2:43 pm ET
Files Provisional Patent Applications; Hires Consultant to Refine Process
BURLINGTON, ON--(MARKET WIRE)--Jan 31, 2007 -- Alternate Energy Corporation (OTC BB:ARGY.OB - News) announced that it has filed provisional patent applications with the U.S. Patent and Trademark Office to protect the development of two new proprietary processes for the production of a third and fourth commodity chemical by-product. Both by-products are made while simultaneously producing the Company's economical bulk hydrogen. These two additional by-products, potentially the most profitable to date, complement the Company's existing family of commodity chemical derivatives, now totaling four. ADVERTISEMENT
Mr. Blaine Froats, Chairman & CEO of AEC, stated, "Early market analysis indicates that our third commodity chemical by-product, a recognized food ingredient, has a world-market opportunity of $3.6 billion annually that is growing steadily at a rate of 4%. This represents the largest and most accessible market of the four by-products we can produce so far. The fourth by-product, commonly used in water purification, has an estimated market size exceeding $3 billion annually."
Under the terms of a provisional patent, the Company has one year to 'fine tune' its processes before they become officially filed. To spearhead this initiative, the Company has retained a specialized chemical consulting firm, led by Steve J. Bodzay, Ph.D., Chemistry, McGill University, with a background in organic chemistry. His firm, Bodzay & Company, Inc., will work with AEC's technical staff towards the certified refinement of its most recently developed by-products. Dr. Bodzay was referred to AEC by Mr. David I. Gordon, Advisory Board member and Vice-President, Secretary Treasurer of Experchem Laboratories Inc.
Mr. Froats continued, "It has been AEC's longstanding objective to insure product diversification by continuing to develop a wide range of valued by-products which can be readily sold into large and established global markets in high volume, with minimal impact on price. We are pleased with the recent advances made with the development of two new by-products and welcome the expertise of a specialized organic chemist to assist us with their further refinement.
"While it has taken a bit longer than expected to move forward with other initiatives, such as the BOM Brasil project, the need to have the provisional patent application filed for these latest by-products made delays in other areas unavoidable. AEC remains on track with its goal to have its first bulk hydrogen production plant installed and in production as soon as is feasibly possible," Mr. Froats concluded.
Alternate Energy Corporation (AEC) is energizing the hydrogen economy with a novel technology that provides bulk production of hydrogen and saleable chemical by-products. These systems have global opportunities in multiple market segments. AEC's proprietary discovery in metallurgy and process technology permits the generation of hydrogen through an environmentally "green" process at a competitive price. AEC believes its systems can have a revolutionary impact on a wide range of global industries.
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CHNW (.0002) Closes A National Licensee Transaction With A Seattle Washington Based Company LAS VEGAS, Jan. 31 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK), www.cashnow.com (Cash Now), a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software and white or private label back end systems, Internet based payday loans, and other sub prime financial utility tools, announced today, the completion of the national licensee sale transaction for the Seattle Washington area. The licensee a Washington based operator plans on offering services to their clients via the Internet such as online payday loans and other sub prime financial services made available by Cash Now and its vendors.
Cash Now Background
Cash Now Corporation, a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express.
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