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STTC(.0255) Named as Microsoft, CompUSA Announce Deal to Leverage Small Business Specialists Mar 22, 2007 4:01:00 PM 2007 *********wire, Inc. ISELIN, N.J., March 22, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN:TG6) has been named in recent articles announcing a deal between Microsoft and CompUSA to offer the services of Microsoft's Small Business Specialist Community (SBSC) to CompUSA's small-business customers.
SoftNet has been a leading edge provider of unique and customized IT solutions to the small-medium size business owners for many years. The Company has developed the RightStart SMB solution after many years of working with customers to identify their needs and develop IT solutions. RightStart was originally developed based on the premise that customers wanted business solutions and not an IT solution that enables it. The RightStart solution has a proven track record of achieving a high level of ROI, and user satisfaction, for the customer. SoftNet had achieved initial success in selling the RightStart solution direct and more recently completed a pilot program, also successful, with CompUSA developing sales through their retail locations.
CompUSA will now refer clients that need services or support to the Microsoft SBSC partners who are uniquely qualified across Microsoft Technology and across the needs of small business customers.
"This deal is very meaningful for all parties including SoftNet. It confirms the business plan and strategy of the Company's SMB Practice which has focused on the small-medium business channel. The business potential in this market is obviously huge and the major players are beginning to recognize the potential of this market. SoftNet was one of the first to recognize it and developed a product, service and strategy to meet the needs of customers," said Greg Geodakyan; Technical Lead for SoftNet's Atlanta, GA based SMB practice.
Mr. Geodakyan is a Certified Small Business Specialist and holds additional Microsoft platform and desktop certifications.
"We are pleased by this noteworthy development. It validates our strategy to continue to aggressively explore and scale the SMB Practice beyond the regional presence already achieved. We fully believe the market is underserved and has huge potential for SoftNet," reported Steve Henry, Vice President.
Please visit our website at http://www.softnettechnology.com for more information. For Investor Relations, please contact James Booth, CEO, at 908-212-1799, option 7.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
CONTACT: SoftNet Technology Corp. Investor Relations James Booth, CEO (908) 212-1799, option 7
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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AFLH(.14) Responds to Growing Subprime Market Concerns Mar 22, 2007 6:24:00 PM Copyright Business Wire 2007 HOUSTON--(BUSINESS WIRE)--
Amstar Financial Holdings, Inc. (Pink Sheets:AFLH) has been asked to comment on the current subprime environment and the steps Amstar's wholly owned subsidiary, Amstar Mortgage, has taken to protect its customers and shareholders.
There are growing troubles in the current residential subprime market with many subprime lenders changing strategies and portfolios to a more risk adverse conforming product or simply not surviving. Amstar had the foresight to anticipate many of these issues that are today coming to a head, isolating Amstar from many of the problems that plague today's subprime marketplace. When Amstar's mortgage banking division began operation some of the current market effects were already apparent. As such, Amstar created a banking division that is concerned with being profitable in today's environment of thinner profit margins. Amstar does not currently sell securities on the secondary market, opting instead to sell as a correspondent to Amstar's lending partners. This allows Amstar to have a buyer for the mortgage prior to funding, in most cases leaving the mortgage on Amstar's warehouse lines for less than 10 days, sometimes as little as 24 hours, allowing Amstar to better insulate itself from the whims of the secondary marketplace.
Amstar Mortgage Corporation prides itself on consistently having quality loans. To date, with over $6,000,000,000 in loans closed since opening Amstar has never bought back a single loan. This is a testament to our high quality and skilled loan officers, and our top-notch 100% quality control. Amstar had the foresight to protect the company since inception through the contracts negotiated with their lenders. One key concession is that Amstar will not repurchase a loan due to a borrower first payment default.
Amstar is dynamically creating multiple revenue streams to capitalize on its list of 10,000+ new customers established yearly; a prominent example being Amstar's recently launched Amstar Guaranty. These new services will not be dependent on the stability of the subprime market to succeed. Will there be changes in the industry? Yes, but Amstar believes we have anticipated these developments and made the decisions necessary to protect the company.
About Amstar Financial Holdings:
Amstar's major subsidiary is Amstar Mortgage Corporation, a national mortgage banking and brokering company. Amstar currently employs approximately 800 people and is licensed to operate through branch offices in 31 states and the District of Columbia.
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 proclamations about the Company's future expectations, including future revenues and earnings, technology effectiveness and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Source: Amstar Financial Holdings, Inc.
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CYOO(.34) announces acquisition of 100% of New York Canyon Project
VANCOUVER, March 22 /CNW/ - Canyon Copper Corp. (the "Company") (OTCBB:CYOO) announced today that effective March 16, 2007 the Company acquired 100% title to the mineral claims underlying the Company's New York Canyon Project subject to certain royalty payments to be paid on commencement of commercial production on the property. The acquisition of title to the claims was completed pursuant to the terms of the Property Option Agreement dated March 18, 2004 and between the Company, Nevada Sunrise LLC, and certain individual claim owners (the "Optionors"). The final payment due under the agreement consisted of the issuance of 500,000 shares of the Company's common stock and a cash payment of $250,000 to the Optionors. The Company received a final quitclaim deed from the Optionors confirming the transfer of title to the mineral claims.
The Company intends to continue its mineral exploration program on the New York Canyon Project in accordance with its 2007 work program. Prior to the Company's acquisition of the New York Canyon property in 2004, a total of 141 drill holes totaling 111,451 feet of drilling had been completed that outlined three main mineralized areas: Longshot Ridge, Champion and Copper Queen. The Company has since completed 16,482 feet of drilling in 40 holes during the 2004 and 2005 campaigns, plus a further 11,605 feet in 33 holes on Longshot ("LSR") during the 2006 program. This brings the total amount of drilling to 214 holes and 139,538 feet cumulative. Studies detailing prior drilling and exploration results are on file.
The Company plans to advance exploration and development of this late stage copper molybdenum project. The target is a large porphyry type deposit with associated high grade skarn mineralization.
About Canyon Copper
Canyon Copper Corp.'s New York Canyon Property is located in the New York Canyon area of the Santa Fe Mining District, Mineral County, Nevada. The project hosts oxide and sulphide copper bearing mineralization outlined by historical operators. The most advanced of these zones is the Longshot Ridge copper oxide deposit. This zone has not been completely outlined and remains partially open. The Copper Queen mineralized zone is located approximately three kilometers west of Longshot Ridge and hosts copper and molybdenum sulphide mineralization. Several additional mineralized areas identified throughout the New York Canyon property have yet to be explored.
This Press Release may contain, in addition to historical information, 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. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "plan," "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from the Company's expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following: the Company's ability to obtain additional financing, geological, mechanical or other difficulties affecting the Company's planned geological work programs, uncertainty of estimates of mineralized material and other factors which 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.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Eternal Image Receives Production American Kennel Club(TM) Urns and Presents First Urn To AKC(TM) Approximately two-thirds of first shipment has been pre-sold Mar 23, 2007 10:09:00 AM Copyright Business Wire 2007 FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
(.006) Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image caskets and urns, today announced that it received the first production American Kennel Club(TM) urns from the manufacturer via air freight. Shipping of the balance of the urns is in progress.
Immediately upon receipt of the first urns, Eternal Image president Clint Mytych shipped the very first urn off the line to AKC(TM) executives to commemorate the event.
"The urns are really beautiful - even more lovely than we had anticipated - and it was very exciting to ship the very first one to AKC(TM) management," said Clint Mytych, president of Eternal Image. "AKC(TM) really believed in us from the beginning and has been an outstanding partner. It felt wonderful to be able to show them a truly finished product."
Mytych added that the first two-thirds of the first shipment have been committed to customers through pre-sales and that the balance will be available first-come first-serve through vendors including AKC.com, Cherrybrook.com and Dog.com.
The AKC(TM) urns are crafted from burnished copper and bronze die-cast aluminum. The base has a highly-polished clear coat finish that offers the appearance of wood. The AKC(TM) logo is embossed on the face of the metal casing and a photo window has been designed into the top of the urn so that the owner can insert a favorite photo of the pet. On the base are fittings for a customized metallic nameplate provided with the urn.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball(R), Precious Moments(TM) and the Vatican Library Collection(TM), as well as pet urns featuring the American Kennel Club(TM) and the Cat Fanciers' Association(TM). For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
Note to editors: To see a photo of the first production urn (taken when it arrived at the Eternal Image office at low resolution), please visit www.eternalimage.net later today. Professional quality photos for publication will be available soon. To request one, please contact a.s.a.p.r. at 410/883-2000.
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 Contact: Tony Fazio Cambridge Investor Relations 781-214-9038 or Media Relations: Robbie Tarpley Raffish a.s.a.p.r. 410-883-2000
Posts: 359 | From: Minneapolis, MN | Registered: Mar 2006
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HPNN (.0019) HOP-ON's Shareholders Meeting on Expansion
Business Wire "US Press Releases "
IRVINE, Calif.--(BUSINESS WIRE)--
HOP-ON, INC. (OTC:HPNN) announced today that the Board of Directors selected Monday, May 21, 2007 as the date of the annual shareholders meeting. The meeting will be held at the Embassy Suites Hotel, 2120 Main Street, Irvine, California at 8:00 a.m.
Mr. Peter Michaels, President of Hop-on, Inc., states, "There are new opportunities that we are focusing on and bringing to fruition. Like any technology industry, it's a race to market. I will demonstrate our new technology that will provide insight into our future profitable business ventures."
Hop-on is expanding to a new location in Gibraltar pending regulatory approvals. The Company has cut all unnecessary overhead. The Company has relocated its corporate offices to 222 Michelson, Suite #182, Irvine, CA 92614. The Texas R & D division was closed. The relocation and reduction in staff is expected to save the Company in excess of $1,000,000 per year. The Company will continue to work closely with their overseas manufacturers and utilize outsource engineers from China, Taiwan, India and Korea. Michaels stated, "To be competitive, we utilize the strength of our overseas partners along with Hop-on's creativeness and market knowledge." The Company still has presence in Mexico and India. Despite the fact that Hop-on, Inc. was in the red last year, the company still generated approximately $18 million in sales since 2005.
About HOP-ON, INC.
HOP-ON (OTC:HPNN) develops and markets wireless phones and accessories as well as wireless surveillance systems. Its product line includes the next generation CDMA2000 handsets designed by its R&D team as well as GSM/GPRS handsets. HOP-ON targets its phones to both emerging market carriers and other domestic carriers and resellers needing an entry level priced phone. In addition, HOP-ON offers a line of innovative and attractively priced wireless accessories for both HOP-ON phones and other leading manufacturers as well as affordable, wireless surveillance systems. HOP-ON is also known for developing the world's first disposable cell phone. It was an IS-95 CDMA phone that was sold to consumers with prepaid airtime and included the capability to add on additional minutes. For more information, visit http://www.Hop-on.com.
Source: Hop-on, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Pharm Control Ltd.: Pharm Control Ltd. Victim of Short Selling
Mar 22, 2007 (M2 PRESSWIRE via COMTEX) -- Pharm Control Ltd. (Other OTC: PMCL.PK) management is in the process of ordering a current Non Objecting Beneficial Owners list (NOBO list) from ADP Investor Communications. This is in response to the various emailssent and calls made to the Company's offices concerning possible short selling of the Company's stock.
The NOBO list shows a more complete and comprehensive shareholder profile than is typically available on a shareholder list provided by a transfer agent. In addition, management will order Depository Trust Corporation (DTC) reports for further examination. Both lists will be utilized to uncover possible short positions.
The NOBO list will be used to determine the naked short position in Pharm Control's common stock. The NOBO list will be compared to the reports from the DTC which contains data regarding all brokers and amounts of shares being held for investors. These lists will be used to get a total amount of shares owned by all shareholders and any naked short positions. The findings will then be reported to the NASD (National Association of Securities Dealers) to take action against the violators of the naked short regulations.
The company will take all necessary action to protect the value of shareholder investments and the steps now being taken exhibit the Company's response to the various emails send and calls made to our offices by investors.
About Pharm Control Ltd.
Pharm Control Ltd. is a leading medicine Research and Development company that is devoted to developing medicines that allow patients to live longer, healthier, and more productive lives. The Company's founders have invested over 10 years of research discovering and developing new and effective non-synthetic medicines to fight disorders and sickness in the modern world.
Safe Harbor Statement
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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Esprit Financial Group Inc. (ESPRIT) (CHNW.PK) Announces Receipt of ISIN Number Friday March 23, 3:58 pm ET
LAS VEGAS, March 23 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system. The Company is also bringing to market a suite of stored value cards and an e-wallet product named EM2 (Electronic Money Management) which provides extensive capabilities for the unbanked or underbanked consumer and payroll market. ADVERTISEMENT
The company today announced that it has received its International Securities Identification Number (ISIN number). The Company is now finalizing its Corporate Expose to be submitted to the Deutsche Borse (Frankfurt Exchange) as part of the required listing procedures for that exchange.
Garr Winters, Esprit's CEO said, "With the ISIN number in place and work well under way on the expose, we are on track to have the Frankfurt listing in place for the launch of our European Forex site, scheduled for May 15, 2007".
The (ISIN) system is an international standard set up by the International Organization for Standardization (ISO). It is used for numbering specific securities, such as stock, bonds, options and futures. An ISIN code has characters which are alphanumeric, and is structured to include the country in which the issuing company is headquartered, the specific security identification number and a final character acting as a check.
About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. The company's proven business model includes licensing to corporately operated locations across the U.S. and Canada, as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.
The Company is currently in the process of expanding its product portfolio by bringing a retail Forex trading platform to market, targeted to seasoned day traders. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.
Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements'. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
-------------------------------------------------------------------------------- Source: Esprit Financial Group Inc.
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