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SMEG(.02) Terminates Asset Purchase Agreement With Radius WellCare Corporation
StarMed Group, Inc. (OTCBB: SMEG) has elected to terminate the Asset Purchase Agreement, dated December 14, 2006, and any and all subsequent addendum and amendments thereof, by and between RADIUS WELLCARE CORPORATION and STARMED GROUP, INC., effective yesterday, April 5, 2007.
SAFE HARBOR STATEMENT: THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECTS INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS WHILE OBTAINING ADEQUATE FINANCING TO ENABLE THE COMPANY TO ACHIEVE ITS GOALS. THESE STATEMENTS ARE MADE UNDER THE SAFE HARBOR PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISK AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.
Contact: Herman Rappaport CEO StarMed Group, Inc. 310.226.2555
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FNIX(.0014) Shareholder Conference Call Management to Provide Company Update
Fonix Corporation (OTCBB: FNIX), specializing in embedded speech interfaces for mobile devices, handheld electronic products, video game systems and processors, announces a shareholder conference call to be held Tuesday, April 10, 2007 at 10:00 am MDT.
Fonix management will address the following topics:
Company overview – current focus Status of market opportunities, customers and software license agreements Revenue and operating outlook for 2007 Shareholder questions Call-in instructions:
1. Shareholders call (866) 815-6657
2. After the Fonix prompt, dial 900
3. Listen to the prompt, enter the Conference Room Number 55996 followed by the “#” sign
Prior to the call, shareholders may submit questions to investorrelations*fonix.com.
Over the past six months, Fonix Speech has focused its efforts on product deployment in specific technological niches where the Company is uniquely suited to capitalize on market opportunities. Management will present the current market position, focus, direction and future opportunities as well as respond to appropriate questions.
“Fonix has significantly improved its position in the embedded speech marketplace,” says Thomas A. Murdock, Fonix Chairman and CEO. “We have weathered several challenges during the past six months but are delighted to discuss with shareholders the Company’s progress and market opportunities.”
About Fonix
Fonix Corporation (OTCBB: FNIX), based in Salt Lake City, Utah, currently operates through its wholly owned subsidiary, Fonix Speech, Inc., an innovative speech recognition and text-to-speech technology company that provides value-added speech solutions. Fonix Speech offers voice solutions for mobile/wireless devices; interactive video games, toys and appliances; computer telephony systems; the assistive market and automotive telematics. Fonix Speech provides developers and manufacturers with cost-effective speech solutions to enhance devices and systems. Visit www.fonix.com for more information, or call (801) 553-6600 and say “Sales.”
Statements released by Fonix that are not purely historical are forward looking within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company’s business prospects and performance. The Company’s actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company’s filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
Fonix Corporation Investors and shareholders contact: Michelle Aamodt, 801-553-6736 investorrelations*fonix.com Media and press contact: Elizabeth Sweeten, 801-553-6617 mediainfo*fonix.com
Source: Business Wire (April 5, 2007 - 5:45 PM EDT)
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NIHK(.15) Announces Sale to Minnesota Electric Cooperative Nighthawk Systems, Inc. (OTCBB:NIHK), a leading provider of intelligent wireless power management and emergency notification solutions, today announced that it has received an initial order for its CEO700 whole house disconnect units from Beltrami Electric Cooperative of Bemidji, Minnesota. Beltrami Electric Cooperative's service area spans more than 3,000 square miles in north-central Minnesota. This initial order was placed after testing demo units from Nighthawk in 2006. RESCO, a leader in the sales and distribution of products for the electrical utility industry, assisted Nighthawk with the sale.
The CEO700 gives electric utilities the ability to wirelessly disconnect and reconnect power to residential electric meters from a centralized location, saving them significant time and money over the traditional manual disconnect method requiring multiple truck rolls and field personnel.
H. Douglas Saathoff, Nighthawk’s CEO, stated, “I’m pleased to add Beltrami to the growing list of electric cooperatives and other utilities who are utilizing the CEO700. Once again, successful initial testing of our device has lead to the implementation of a new automation program and a new Nighthawk customer. We look forward to working with Beltrami as they implement their automation program.”
Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company’s website at www.nighthawksystems.com.
About Nighthawk Systems, Inc.
Nighthawk is a leading provider of intelligent wireless power control products that enable simultaneous activation or de-activation of multiple assets or systems on demand. Nighthawk's installed customer base includes major electric utilities, internet service providers and fire departments in 40 states. Nighthawk's products also enable custom message display, making them ideal for use in traffic control and emergency notification situations.
Forward-Looking Statements
Statements contained in this release, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, acceptance of new or existing businesses, capital resources and future business or financial results are "forward-looking" statements. You should not place undue reliance on these forward-looking statements. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, customer acceptance of our products, our ability to raise capital to fund our operations, our ability to develop and protect proprietary technology, government regulation, competition in our industry, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this press release to conform these statements to actual results or to changes in our expectations, except as required by law.
Nighthawk Systems, Inc., San Antonio Doug Saathoff, 877-7-NIGHTHAWK, ext. 701 dsaathoff*nighthawksystems.com
Source: Business Wire (April 5, 2007 - 7:47 AM EDT)
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ATVE(.0165) Ends Discussions to Acquire Collective Point of Sale Solutions
ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company that operates as a payment technology solution provider, is announcing today that discussions to acquire Collective Point of Sale Solutions Ltd. (CollectivePOS) have ended. This transaction was terminated because a financing structure suitable to both companies could not be reached and the ActiveCore Board and management were concerned that the transaction had become overly dilutive for the ActiveCore shareholders.
ActiveCore had planned to use the CollectivePOS acquisition as a base to launch a Merchant Services consolidation strategy that would have provided an immediate and expanding client base for the implementation of its other payment products. This strategy remains valid and the Company will continue to pursue this course. The Company has already identified a number of other similar targets and will immediately switch its efforts to acquiring one of them in the next 60 to 90 days. ActiveCore plans to complete an acquisition by the end of its second quarter and will ensure that the acquisition delivers both shareholder value and management chemistry that works to the long-term advantage of the ActiveCore shareholders.
Peter Hamilton, Chief Executive Officer of ActiveCore, stated, "I am disappointed that the transaction could not be completed to the advantage of both organizations and that the management teams could not reach a consensus on a final financing or control structure." Mr. Hamilton went on to say that "CollectivePOS is an excellent company but not the only company in this space that ActiveCore has been in discussions with and the Company will now turn its attention to closing one of those other targets as well as continuing to pursue the numerous sales opportunities for its CyBux and ePocket products that have resulted from recent marketing activities. However, due to the synergies of the ActiveCore and CollectivePOS products, we will continue to pursue a possible business partnership with them in the near future."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore.
About ActiveCore Technologies, Inc. (www.activecore.com)
ActiveCore Technologies, Inc. operates as a payment technology solution provider, primarily in the on-line payment market. Our products encompass a variety of payment technologies as well as our own integration tool kit and direct marketing software platform that allows us to better support our payment technology clients.
Statements contained in this news release regarding ActiveCore Technologies, Inc. formerly IVP Technology and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers, and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.
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CRLI (.17) Orban Ramps Up Production to Meet Demand
PR Newswire "US Press Releases "
TEMPE, Ariz., April 6 /PRNewswire-FirstCall/ -- Circuit Research Labs, Inc. (OTC Bulletin Board: CRLI), parent company of CRL Systems, Inc. dba Orban, in response to a surge of demand from broadcasters and other customers, has increased production of its audio processors and other professional electronics to reduce order backlog and to speed up deliveries to customers.
Beginning mid-March, the company's production staff began working an additional two hours daily and a Saturday assembly shift was added to the work week. Both changes will remain in effect until production can satisfy demand quickly, which is estimated to be by mid-May. The company has a large backlog of orders totaling approximately $3.0 million dollars, a result of strong bookings and delays brought on by production down-time caused by the company's moving its corporate offices and manufacturing from San Leandro, California to Tempe, Arizona. Additionally, production has been impacted by difficulty in procuring components that comply with the EU "reduction of hazard substances" (RoHS) directive. This requires that electrical and electronic equipment placed on the EU market after July 1, 2006 contain restricted levels of lead, mercury, cadmium, hexavalent chromium, and brominated flame retardants.
"Our management and sales units are indebted to our production staff. Everyone agreed enthusiastically to the changes," said C. Jayson "Jay" Brentlinger, Chairman, President and CEO of CRLI. "We are very fortunate to have such a dedicated group of employees."
The work schedule changes also apply to the company's final test department, a team that thoroughly tests each product to ensure quality.
The high demand for the company's products results from the marketplace's enthusiastic acceptance of new Orban processing products like Optimod 6300 (a "three-in-one" processor for STL protection, digital radio/netcast processing, and talent headphone processing), Optimod-AM 9400 (featuring independent stereo processing for analog AM and digital radio), and Optimod-FM 8500 (Orban's flagship FM processor and the next step beyond Optimod-FM 8400). The 8500 builds on the proven, competitive sound of the 8400 while adding features that make it the ideal choice for FM stations simultaneously transmitting iBiquity's HD Radio(R), Eureka 147 (DAB), or a netcast. Orban designed all of the 8500's circuitry using the latest components and built in enough DSP power to support future improvements like those in the 8500's upcoming Version 2.0 software.
In 2006, the company consolidated its Orban and CRL production units into a new 36,000 square foot corporate headquarters and manufacturing plant in Tempe, Arizona. Previously, Orban products were manufactured in San Leandro, in the San Francisco Bay Area's Silicon Valley. The research and development staff, lead by industry icon Bob Orban, remains in San Leandro.
Circuit Research Labs, Inc. and its subsidiaries is a worldwide leader in audio processing for broadcasting and the Internet. Orban leads the industry in the design and manufacture of audio processors for radio, television and Internet broadcasting. Its websites are www.orban.com and www.crlsystems.com.
Circuit Research Labs, Inc. Forward-Looking Statements
This news release may contain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Management's anticipation of future events is based upon assumptions regarding levels of competition, research and development results, raw material markets, the markets in which the company operates, and stability of the regulatory environment. Any of these assumptions could prove inaccurate; and therefore, there can be no assurance that the forward-looking information will prove to be accurate.
About Circuit Research Labs, Inc.
Circuit Research Labs, Inc. is a manufacturer of high-quality digital and analog audio processing, transmission encoding, and noise reduction equipment. Circuit Research Labs, Inc. is in the market for radio, TV and Internet audio processing. As technology evolves, Circuit Research Labs continues to innovate with state-of-the-art audio processing products for DAB, DTV and streaming media. The Company purchased Orban(R) in May of 2000. Orban was founded in 1970 by Bob Orban, who is the world's foremost expert in transmission audio processing for broadcast. Orban leads the industry in the design and manufacture of audio processors for radio, television and Internet broadcasting. Recognized for its standard-setting Optimod(R) digital audio processors and the Opticodec(R) codecs, the Orban name has become synonymous with reliable, high performance products. Today, its versatile audio processing equipment and codecs are the products of choice in fast-paced production environments worldwide.
For more information contact David Rusch at phone +1 (480) 403-8300, fax +1 (480) 403-8301 or e-mail: drusch*orban.com. Information is also available at www.orban.com , www.crlsystems.com and www.orban-europe.com.
SOURCE Circuit Research Labs, Inc.
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Payment Data Systems, Inc. (OTCBB:PYDS), an integrated electronic payments solutions provider, today announced the company's transaction processing performance for March continued a month-to-month growth trend in 2007.
On an unaudited basis, our credit card processing dollar volume increased 98% in March from the comparable month one year ago, while the associated transaction volume was 61% higher. Throughout 2007, Payment Data Systems has logged volume increases in every month and the dollar volume for March was our highest ever. For the first quarter of 2007, our dollar and transaction volumes grew 111% and 73%, respectively, from the comparable quarter of 2006.
"March's volume is significant since we were able to replace and exceed the dollar processing volume that was lost previously in November when we stopped processing for a large customer. Furthermore, the growth demonstrated in March doesn't include the volume from the large insurance client we signed in Q1. This client experienced a delay in their implementation but is positioned to start processing in Q2. March's strong growth performance suggests that we could be setting new processing records for each month this year," said Payment Data Systems Chairman and CEO Michael Long.
About Payment Data Systems, Inc.
Payment Data Systems, Inc. is an integrated payment solutions provider to merchants and billers. The organization provides an extensive set of products to deliver world-class payment acceptance. Payment Data has solutions for merchants, billers, banks, service bureaus and card issuers. The strength of the company is its ability to offer specifically tailored solutions for card issuance, payment acceptance and bill payments.
Payment Data Systems, Inc. is the owner of the electronic bill payment portal, http://www.billx.com, which has the ability to transmit payments to thousands of national billers.
Payment Data's intellectual property includes U.S. Patent Number 7,021,530 that relates to bill payments made with debit and stored value cards.
For additional information, visit www.paymentdata.com. Contact Michael Long for Investor Relations information at 210.249.4040 or email at ir*paymentdata.com.
Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect, our businesses and financial results in the future and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.
Source: Payment Data Systems, Inc.
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NATK(.27) Announces New Executive Team Apr 6, 2007 3:14:00 PM
MARSHALL, Texas, April 6 /PRNewswire-FirstCall/ -- North American Technologies Group, Inc. (OTC Bulletin Board: NATK), announced that it has achieved revenue growth and stabilized operations. CEO Neal Kaufman has elected to resign and pursue other interests. Chairman Henry Sullivan and Board Director John T. Corcia will form an Office of the President to replace Mr. Kaufman.
"TieTek is the industry leader, delivering high quality composite ties to the railroad industry. The combination of the new management team and operational improvements positions TieTek for continued leadership in its market," stated outgoing CEO Neal Kaufman.
Mr. Kaufman joined NATK in January 2006. The company's revenue grew from $5 million in 2005 to $14 million in 2006 while product quality and manufacturing reliability improved significantly. The company also lowered its debt through a restructuring.
"We all appreciate Neal's contribution to our company and our shareholders. We are fortunate to have a director with Mr. Corcia's background. Mr. Corcia has over 30 years experience in management positions with companies engaged in chemicals manufacturing, non-ferrous metals production, environmental systems and the hazardous waste industry. Mr. Corcia and I look forward to working with the team to lead TieTek through its next phase of development," stated Chairman Henry Sullivan.
Mr. Corcia, who has been a director of the Company since April 1, 2006, has served as a strategic business consultant for Marsulex, an international industrial services company specializing in environmental compliance, since September 2005. Prior to that time, he served as President and Chief Executive Officer of Stablex Canada Inc., a company which operates an international technology based hazardous waste treatment and disposal facility, from April 1992 through August 2005. He received a Bachelor of Ceramic Engineering degree in 1967 from Georgia Institute of Technology, a Master of Science degree in Ceramic Engineering in 1969, and graduated the Executive MBA Program for Management Development at the Harvard Graduate School of Business in 1981.
About NATK
NATK, through its wholly owned subsidiary TieTek(TM), produces high- performance railroad ties. TieTek uses patented technology to process recycled plastics, used tires and other mineral fillers to manufacture engineered composite components that are a longer-lasting alternative to hardwood or concrete in structural applications. The Company's securities are quoted in the over-the-counter market under the symbol "NATK". The Company's website is found at: http://www.tietek.com .
Contact:
Henry W. Sullivan
713-462-0303
SOURCE North American Technologies Group, Inc.
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LOS ANGELES, CALIFORNIA -- (MARKET WIRE) -- 04/05/07 -- Matrixx Resource Holdings, Inc. (OTCBB: MXXR), announced today that operator and Matrixx plan to re-complete the Buck Snag Schuirring No. 2 well. Additionally, the Company has been informed that the Fite No. 3 well at Sandy Point was unsuccessful.
The Company has been notified by the operator regarding the drilling of the Fite No. 3 well at Sandy Point. Drilling reached target depth of 6,700 feet Monday. The well was logged and found the frio sands 10' below the Fite No. 1, however, logging was unsuccessful at locating any discoveries.
Further, Matrixx was informed that the Schuirring No. 2 at Buck Snag will be re-completed at the shallower pay sand and will be back online for sales.
Matrixx has remained steadfast in its efforts in acquiring growth and investment opportunities in the oil and gas sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. Additionally, the Company is now positioned to aggressively exploit its properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Contacts: Matrixx Resource Holdings, Inc. Konstantine Tsakumis Media & Investor Relations (347) 647-1508 Email: ir*mrhi.net Website: www.mrhi.net
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Terme Mortgage, Inc.(the "Mortgage Company"), a subsidiary of Terme Bancorp, Inc., (the "Company") (Pink Sheets: TEMB.PK) announced today that it is one of the first lenders in Illinois to offer the federally insured, variable rate Home Equity Conversion Mortgage (HECM) product with a lower margin and a separate, fixed rate Reverse Mortgage product.
The lower margin of 100 basis points versus the 150 basis points previously offered will provide seniors greater access to their home equity than the previously released products. The lower margin will reduce the interest costs on the HECM over the life of the loan, providing the senior with a larger amount of equity to utilize. For a borrower who is 65 and has a house in Cook County, Illinois, the borrower may be eligible to qualify for an additional $15,350 assuming their home is worth approximately $300,000 with no mortgages, liens or repairs compared to the traditional HECM with a margin of 150 basis points(a).
"The lower margin gives seniors additional equity access from their homes and provides for a lower interest rate which will make Reverse Mortgages a more attractive option in retirement planning. While this is an exciting new feature, we expect that further new products and enhancements that will reduce rates and fees further, making a Reverse Mortgages a more intriguing product for additional seniors," said George Yedinak, President of the Mortgage Company. "By maintaining our focus as an independent correspondent mortgage lender, we are able to offer the broadest range of Reverse Mortgage products offered by many lenders to suit the needs of each individual and providing a better experience for consumers interested in Reverse Mortgage solutions."
Terme Mortgage, Inc. is headquartered at 1255 N. State Parkway #1 South, Chicago, Illinois and can be found on the Internet at http://www.termemortgage.com or can be reached at 866-386-4951.
Terme Bancorp, Inc. is headquartered at 5818 S. Archer, Rd. in Summit, Illinois and can be found on the Internet at http://www.termebancorp.com.
(a) Estimated as of April 3, 2007
Source: Terme Mortgage, Inc.
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PMFI(.50) Posts Record Revenues and Profits for the Fiscal Year 2006
LAKE FOREST, Calif., April 5 /PRNewswire-FirstCall/ -- Probe Manufacturing, Inc. (OTC Bulletin Board: PMFI), a full-service contract manufacturer filed their annual 10KSB today, and announced record revenues and profits since 2002. Company reported $9,310,464 in revenue for the fiscal year 2006, a 46% and 50% increase from fiscal year 2005 and 2004 respectively. The company also reported $425,134 in net profits from operations for the fiscal year 2006 compared to net losses of ($425,134) and ($747,906) for fiscal year 2005 and 2004 respectively. Earnings for the year ending December 31, 2006 were $0.04 per weighted average share versus losses of ($0.20) and ($0.22) per weighted average share for fiscal 2005 and fiscal 2004 respectively.
Reza Zarif, CEO, stated, 'This has been a tremendous year for us. Through hard work and dedication by our employees, we posted record revenues, diversified our customer base, improved our operational efficiencies and became profitable. In addition, we moved into our new facilities in Lake Forest without any business interruptions; and are now well situated to pursue our interest in developing alternative fuel technologies to ensure long term sustainability of the Company.'
In 2006, the company generated $608,028 net cash from operations, compared to using cash for operations of ($969,076) and ($1,613,540) in fiscal 2005 and 2004 respectively. 'The most important financial mile stone for the Company was the amount of cash it generated in fiscal 2006 compared to how much cash it used in previous years whereby we were able to pay down debt by $351,423,' said our CFO, John Bennett.
About Probe Manufacturing, Inc.
Probe Manufacturing, Inc. was founded in 1995 and is one of Southern California's highest quality, low to medium volume Electronics Manufacturing Services (EMS) companies. Probe manufacturing Inc. provides a full range of electronics manufacturing and supply chain management services to the some of the world's leading telecommunications, industrial, automotive, alternate fuel, hybrid, and medical device manufacturing firms. The Company provides OEMs with low cost of ownership, flexibility, and quality that improves their competitive advantage. Probe's service offerings include new product introduction, collaborative design, materials management, product manufacturing, product warranty repair, and end-of-life support. The Company is also in the process of developing alternative fuel technologies that enable vehicles and generators to operate on clean-burning alternative fuels. Probe Manufacturing's headquarters are located in Lake Forest, California.
To find out more about Probe Manufacturing, Inc. (OTC Bulletin Board: PMFI), visit our website at www.probemi.com. The Company's public financial information and filings can be viewed at www.sec.gov.
Forward Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
SAN ANTONIO, April 5 /PRNewswire-FirstCall/ -- Analytical Surveys, Inc. (ASI) (Pink Sheets: ANLT), today announced it has postponed its annual meeting of shareholders previously scheduled for May 2, 2007. On March 29, 2007, the Company mailed a definitive Proxy Statement and Notice of Annual Meeting of Shareholders, which was to be held on May 2, 2007. The Proxy Statement contained a proposal requesting shareholders approve a reverse stock split for the sole purpose of regaining compliance with Nasdaq Marketplace Rule 4310(c)(4), contemplating that such a reverse stock split would help to bring the bid price on the Company's common stock into compliance with the $1.00 minimum required by the Rule. As ASI's common stock is no longer listed on Nasdaq, the Company has decided to postpone the Annual Meeting. Therefore, it is no longer necessary for proxies to be solicited pursuant to the Proxy Statement. The Company will reschedule the Annual Meeting at a later date.
The Company also announced it has terminated its definitive merger agreement with Ecowood, Inc. On March 19, 2007, the Company announced it had entered into an agreement under which both companies would be combined to form a diversified natural resource company. Completion of the merger was subject to the satisfactory completion of ASI's due diligence, in its sole discretion. The Company was unable to obtain the level of comfort necessary to complete the merger within the time frame allotted by the agreement.
About ASI
Analytical Surveys, Inc. is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. ASI is headquartered in San Antonio, Texas. For more information, please visit www.asienergy.com.
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward- looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business -- "risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.
SOURCE Analytical Surveys, Inc.
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DCBI (.22) Gives Update on Meetings in the Southeast
Market Wire "US Press Releases "
DENVER, CO -- (MARKET WIRE) -- 04/05/07 -- Today, DC Brands International (PINKSHEETS: DCBI) announced that their VP of Sales Richard Muscarella's meetings last week in the southeast were so successful that he was asked to already return to one of the major retailers/grocers yesterday to expedite a rollout. The company's President Richard Pearce said, "It is happening bigger, better and much faster than what we expected to happen last week. Richard did not even get a chance to unpack from last week's trip. Yesterday, one of the retailers we have been working with already asked Richard to come back to Ashville, NC so that they could expedite the process while we are still in early part of the NASCAR season. He flew back out last night for a meeting this morning. He called me just a few minutes ago and was really excited. We will name the retailer/grocer this month as soon as product is on the shelves."
Mr. Pearce adds, "But the even larger news is that the vice president of the retailer/grocer made a call to a massive east coast distributor from his office while Richard was there this morning and got them to agree to take on our line for distribution to all of the retailer/grocers approximately 200 premier locations. As a result, we are now being set up with this new huge distributor that will give us access and distribution to their enormous account base throughout the heart of the NASCAR belt. This is huge news for us. We will work very hard to get all of this competed and inventory in-house this month. Mr. Muscarella is in the process of setting a meeting with the distributor so we can get their team trained."
Mr. Pearce continues, "Additionally, we are working today at the office on the current iteration of the beta site for our new store locator. Once that is unveiled, it will provide full names, addresses etc. of all locations. The first stages of that locator will be up this month. This is not to down play the other two successful meetings Richard had last week. He is due to report the details shortly. We have just been running so fast, we have not had time to sit down and compare notes. Look for many updates next week."
For more information on the company, visit their website at www.TurnLeftEnergy.com and DickensEnergyCider.com Primary Contact: Keith Howard 303-279-3800
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.
Primary Contact: Keith Howard 303-279-3800
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Pacific WebWorks, Inc. (OTCBB:PWEB) reported revenues of $5,043,226 for the year ended December 31, 2006. This represents a nearly 15% decrease in revenues reported for the same period in 2005. The decrease was expected and is a result of the previously announced transition in marketing strategies completed during the final six months of 2006.
CEO Ken Bell stated, “As announced last year, the company discontinued its capital intensive and high risk nationwide sales events in July of 2006. Since that time we have transitioned the sales and marketing of our products and services to an Internet focused marketing strategy. That transition has gone very well and we will begin reporting results based on this model beginning with our 1st quarter 10-Q. However, as expected, revenues suffered somewhat during the transition period. We expect to see revenues recovering by the 2nd quarter of 2007.”
Bell continued, “Additionally, after a thorough analysis of market conditions and projected revenues associated with our Intellipay gateway operation, we determined that it is appropriate to impair the carrying value of Intellipay by $1 million. This represents an entirely non-cash charge to our financial statements and does not in any way effect our actual cash flows. Absent that non-cash charge, losses for 2006 would have been down dramatically from 2005.”
“We continue to make progress in Intellipay where we now have 45 municipalities using our Caselle associated accounting software and our transaction processing revenue is increasing each month,” Bell concluded.
About Pacific WebWorks, Intellipay and TradeWorks Marketing
Pacific WebWorks provides a comprehensive suite of affordable, easy-to-use software programs for small businesses that want to create, manage, and maintain an effective Web strategy including full e-commerce capabilities.
Pacific WebWorks' wholly owned subsidiary IntelliPay develops and provides trusted electronic transaction processing and payment products and services.
Pacific WebWorks' wholly owned subsidiary TradeWorks Marketing is a sales and marketing organization created to market Pacific WebWorks and IntelliPay products.
Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.
Pacific WebWorks, Inc. Brett Bell, 801-578-9020
Source: Business Wire (April 6, 2007 - 9:30 AM EDT)
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AHCKF(.015): BC Cease Trade Update and BCSC Response
Apr 6, 2007 5:34:00 PM VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 6, 2007) - AMS Homecare Inc. (OTCBB:AHCKF), a leading national provider of mobility products, durable medical products and patient monitoring technology to the aging North American population is today, this Good Friday is providing an update on the status of the British Columbia Cease Trade.
The Cease trade implemented on July 10, 2006 by the British Columbia Securities Commission continues to be maintained by the BCSC. In the latest correspondence from the BCSC, Mr. Martin Eady, Director of Corporate Finance replies directly in response to correspondence from Mr. Gill, CEO of the company cc'd to Mr. Eady and Mr. Doug Hyndman, the BCSC Chair.
Mr. Eady replied to Mr. Gill's letter dated March 14, 2007, which threatened legal action against the BCSC for its ongoing delay and unreasonable positioning in not removing the cease trade implemented against the company shares. Mr. Eady replied that the company shares will remain cease traded because, "The basis for my concern is that the Company has not provided staff with evidence that the 174,850,000 shares issued in January 2006: were issued for value as required by section 64(1) of the British Columbia Business Corporations Act (BCA), OR were validated by unanimous shareholder resolution or court order as required by section 68 of the BCA."
Mr. Eady then indicated in the letter that Section 64(1) of the BCA is as follows and requires: "A share must not be issued until it is fully paid. It may be paid for by past services for the company, property, or money. The value of the past services, property and money paid for shares must equal or exceed the issue price of the shares. The directors must satisfy themselves that: the value of the past services or property attributed to payment of the shares is no more than the fair market value of the past services or property, and the value of the past services, property and money paid must equal or exceed the issue price of the shares. The directors may take into account reasonable charges and expenses that have been incurred by the person providing the past services, property and money, and are reasonably expected to benefit the company. And under section 68 of the BCA, shares that were invalidly issued may be validated by court order or unanimous resolution of all the shareholders of the company. A special resolution of shareholders is not sufficient to validate the shares." Mr. Eady also recommended to Mr. Gill in a conversation that the company should secure further legal advice.
The company in 2006 obtained legal advice on these matters and has also received BCSC review of the transaction and obtained the exemption for issuance of the shares based on BCSC advice. Mr. Gill, stated that, "Mr. Eady and his staff are making a grave error and also in the process causing significant harm to the company. Even a basic read of section 64(1) confirms that the company has indeed complied with the rules and in addition the transaction has already been reviewed in early 2006 by the BCSC and the required exemption for the issuance of the shares accepted by the BCSC."
Mr. Gill further adds, "The conduct of the BCSC is further evidence of the improper bias of the regulatory agencies in favor of the stock exchanges rather than the protection of the shareholders. The ongoing cease trade prevents the company from raising funds affecting the operations of the company. With regards to Mr. Eady's comments demanding the company retain new counsel. The company currently retains corporate legal counsel and US securities counsel. The company to date has been unable to secure Canadian securities legal counsel although it has attempted contacting numerous securities firms in Vancouver. All firms in Vancouver that were contacted either initially offered assistance or did not proceed further upon being advised that the company is suing the TSX Venture Exchange. In fact all of the firms contacted in Vancouver stated that they were understaffed and therefore unable to assist the company in the reactivation process. I then contacted three of the firms and did not indicate that I was calling on behalf of AMS Homecare. In all three occasions the firms agreed to meet with me and informed me that they had the ability to take on new clients. It was only until they were advised that I was representing AMS who was involved in suing the TSX Venture Exchange did they refuse to assist in the reactivation process and refused to retain the company as a client. The conduct of these securities lawyers in Vancouver is another example of the ongoing bias and damage being caused to the company."
The company's legal counsel is preparing a response to this latest correspondence from Mr. Eady of the BCSC and based on the legal advice to date and also based on the 2006 review by the BCSC believes it has already complied with all rules and regulations of 64(1) and the BCSC was fully aware of this fact before the Cease Trade was even implemented. The company will provide further updates as needed. The delay in removing the cease trade implemented by the BCSC has resulted in damages in the tens of millions to the company and is jeopardizing the ongoing business of the company. The company is optimistic that the BCSC will recognize its errors and the injustice this suffering is causing to the shareholders especially on this Easter Weekend.
About AMS Homecare
Founded in 1989, AMS Homecare is a successful purveyor of mobility equipment; durable, disposable medical products, and patient monitoring technology. AMS is a USA retailer with its own pharmacy/durable equipment store (http://www.65plusstore.com). With a base of 300-plus dealer customers in Canada, the company is moving forward and strengthening its foundation, building an organization capable of serving the needs of the aging populations in Canada and the United States. More information is available at (http://www.amshomecare.com).
Safe Harbor Statement: Statements contained in this fact sheet relating to AMS Homecare that are not historical facts are "forward-looking" under the Private Securities Litigation Reform Act. Forward-looking statements are subject to risks and uncertainties. Investors should refer to the Full and Complete Safe Harbour Statement disclosed on the company website (http://www.amshomecare.com).
FOR FURTHER INFORMATION PLEASE CONTACT: AMS Homecare Inc. Daryl Hixt Corporate Communication (604) 273-5173 ext 121 Email: ir*amshomecare.com Website: www.amshomecare.com
Source: AMS Homecare Inc.
---------------------------------------------- AMS Homecare Inc. Daryl Hixt Corporate Communication (604) 273-5173 ext 121 Email: ir*amshomecare.com
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News for 'CHNW' - (Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Agreement With Japanese Company to Market Advanced Electronic Funds Management Products)
LAS VEGAS, NV, April 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- EspritFinancialGroup Inc. (ESPRIT) (formerly Cash Now Corporation) (CHNW.PK) www.espritfinancialgroup.com is pleased to announce an Agreement in Principlewitha Japanese company regarding the marketing of products from Esprit's Advanced Electronic Funds Management (AEFM) division.This announcement comes on the heels of a recent deal with another Japanesecompanyto establish a chain of Payday loan outlets along the coast of southern California using Esprit's proprietary software and expertise from its PaydayLoanDivision.
This new agreement pertains to the Company's EM2 and 'Cash Now 21' products, andisthe first significant business deal for the Company's new AEFM division headed by Jack Chang, one of the original inventors of the ATM machine.As previously announced, the 'Cash Now 21' service is based on U.S. Federal Lawunderthe Check Clearing for the 21st Century Act, which defines an approved methodology on how financial institutions can expedite check clearing usingadvancedelectronic methods. Under this new system, digital images of the front and back of a check are created, capturing all of the information digitally,thentransmitted via secured internet connection to a check 21 bank/processor and directly to the Federal Reserve System. The Federal Reserve System thenforwardsdata to the Paying Bank.
Checks drawn on a U.S. Account for deposit in international markets usually takeweeksto clear. Esprit's Cash Now 21 reduces the clearance time to a mere 3 business days or less. For foreign markets such as Japan that have significantfundsflow back and forth from the U.S., this becomes an invaluable asset. Esprit is believed to be the first non-financial institution to offer thisservice,based on relationships with international banks that have been developed over the last decade or more.The Division's EM2 product is a very sophisticated solution that enables electronic transfer of funds within the International arena, with tremendousflexibilityand capability. EM2 (Electronic Money Management) Electronic Wallet is essentially an online banking and checking account accessible to both bankedandunbanked customers. This can be linked, when appropriate, with prepaid debitorVisa branded credit cards, to allow retail transactions in international markets.EM2 provides a proprietary, leading edge infrastructure for international moneytransfersproviding advanced encryption techniques for security, while facilitating the rapid transfer of funds between countries. Funds can betransferredin a wide variety of ways, depending on customer requirements. These include: - E-wallet to E-wallet transfers
- EM2 transfers to debit cards, prepaid Visa cards, etc. - Transfer of funds through Esprit's integrated Proprietary Network
covering 190 countries. Access to this network costs less than current bank wire transfers or SWIFT international bank transfers.
- E-checks are available and these electronic checks are cleared through existing Automated Clearing House processors.
- Wire Transfer can be accommodated via Fedwire. - Access to the SWIFT international wire transfer network allows
transfers from bank account to bank account, covering roughly 8,000 banks in 206 countries and territories worldwide.
- Traditional Checks can be drawn from an e-wallet account. - EM2 E-wallets can be loaded globally from existing bank accounts.
Garr Winters, Esprit CEO, commented that; "Our Advanced Electronic FundsTransferdivision is developing at break net speed. We have been in conversations with our Japanese client for many months now. With Jack Chang onboard,we're ready to start closing deals. This past couple of weeks, we have been fortunate enough to develop 2 different Japanese deals from 2 separatedivisions.However, this is not the only international market being developed. We hope to have some announcements in South America within the next few weeks.""Jack has done an amazing job developing the software, infrastructure and relationships with multiple international banks to make EM2 a reality. Thebottomline is that we are first movers in international finance to offer the ultimate combination of extensive flexibility, capability, high speedtransactionexecution and lower user costs to market sectors that have traditionally been underserved. This refers to retail customers, small andmid-capcompanies, and companies with specialized funds transfer needs such as payroll for foreign workers and Multi-Level Marketing organizations."Winters added; "We will be providing additional information on the products andservicesoffered by the AEFM division in the near future. However, we have the happy circumstance of 'gathering low-hanging fruit' from deals that have beenunderquiet development in the background, and are ready to close."
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public companyengagedin a diversified number of online financial services.
PayDay Loans: The Company is a pioneer in the payday loan industry, andcontinuesto develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services.Operationsinclude licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems forthesub prime market, under the Cash Now banner. The company's proven business model comprises operations in the U.S. and Canadian markets as well as severalforeignmarkets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clientsalike.Forex: Additionally, the Company's Forex Trading division offers an innovativelow-costonline Forex trading service at www.cashnow.com. The Company acts as an Introducing Broker for Advanced Markets, Inc., and is targeted to serious daytraders.All transactions are handled on a streaming pass-through basis. There is no trading desk, and no manipulation of quotes that lag the actual interbankmarket.Importantly, traders can continue to trade actively even during volatile periods that result from major news events of publishing of market reports.Advanced Electronic Funds Management: The Company's Advanced Electronic FundsManagement(AEFM) division offers Cash Now Check 21 - an advanced checking clearing service that can significantly reduced holdback periods by bankinginstitutions,particularly valuable for international markets. Its EM2 (Electronic Money Management System) product is a comprehensive e-wallet capableofmanaging multiple bank accounts, remitting funds worldwide and provide banking capabilities to consumers without requiring that they have a bankaccount.Information in this press release may contain 'forward-looking statements.'Statementsdescribing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, includingthefinancial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.Forward-lookingstatements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Actof1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to theabilityto close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels ofcompetition,technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodicreportsfiled with the regulatory authorities.
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Eternal Image Receives Approval from Major League Baseball(TM) for the First Casket Design
Last update: 4/9/2007 10:06:36 AM (.008)
FARMINGTON HILLS, Mich., Apr 09, 2007 (BUSINESS WIRE) -- Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of brand image caskets and urns, today announced that Major League Baseball(TM) has approved the first design in the upcoming MLB(TM) casket line.
"This approval paves the way for us to move forward and create the designs for the other seven caskets to be included in the first group that will be produced this summer," said Clint Mytych, CEO of Eternal Image. The approved design features the Chicago Cubs. The club will be one of the first eight teams featured in the casket line, which will feature all 30 major league teams by the close of 2008.
The caskets will be crafted from EI's proprietary composite and decorated with various woods and metals. Each casket will be instantly recognizable for the team after which it is designed. The supple interior fabric will feature the team logo and colors for the pillow and fabric trim. Caskets Follow Successful Urn Line Launch The casket line will correspond to the just-launched MLB(TM) urn line. That line features eight MLB(TM) teams (Yankees, Red Sox, Cardinals, Braves, Cubs, Tigers, Phillies and Dodgers) and has been receiving a great deal of attention from funeral homes and consumers. The entire first production run sold-out through pre-orders before the product had even arrived in the US.
The company has submitted a production request for a second order - double the size of the first. "The positive reaction to the MLB(TM) urns from funeral homes and consumers really validates that consumers want choice when planning funerals, and the MLB(TM) caskets will be one more important option they can consider when making funerary product selections," said Mytych. "We expect the first caskets to be available for shipping early this fall." Urns and caskets featuring the balance of 22 Major League Baseball(TM) teams will launch in late 2007 and through 2008.
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 brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball(TM), 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 or call 1-888-6-CASKET.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995 Statements in this press 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 1933 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:Cambridge Investor RelationsTony Fazio, 781-214-9038orMedia Relations:a.s.a.p.r.Robbie Tarpley Raffish, 410-883-2000
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WTVI(.0075) From Dorm Rooms to Board Rooms, the World Takes Part in Wi-Fi TV's Virtual Living Room Wi-Fi TV Merges the Virtual and the Real Today as Members Gain Access to Video/Audio/Chat Parties Already in Session Apr 9, 2007 12:00:00 PM NEWPORT BEACH, CA -- (MARKET WIRE) -- 04/09/07 -- Today marks another step forward in the world of social networking as Wi-FiTV Inc. (PINKSHEETS: WTVI), creator of the Social Internet TV(TM) website www.Wi-FiTV.com, allows its members to enter live parties that are already in progress. Wi-Fi TV reports a successful Easter weekend launch of its new Wi-Fi TV Party Rooms with live parties attended by Wi-Fi TV members and shareholders from Spain, Ukraine, England, Portugal, Guatemala, and many States across the U.S.A.
Now Wi-Fi TV members can join a live party already in progress. To join a live Wi-Fi TV Party, just go to www.Wi-FiTV.com, click on Wi-Fi TV Party Room, and click on the Join a Party Button. Once you are in the Party Room choose the party you would like to attend by clicking on the yellow arrow next to that room.
Wi-Fi TV had global success with the initial launch of its latest Party Room feature this weekend.
"Party goers ranged from 18 years up to much older businessmen. The technology worked great and members were able to see and hear each other (if they had a webcam and microphone hooked up). Members learned they could limit background noise by using headphones, and many commented on what a great feature the Wi-Fi TV Party is," said Lisa Pahl, a Wi-Fi TV Inc. Director that participated in live Wi-Fi TV Party Room sessions.
The MyWi-FiParty(TM) Room offers the ability to create your own Party Room where Wi-Fi TV members can see and hear each other as well as chat by text. Members can jump between rooms by clicking on the yellow arrow next to any room. With the click of a mouse you can turn other members' cameras and audio on or off and decide who you want to hear and see.
Any Wi-Fi TV(TM) member can use the MyWi-FiParty feature and memberships in Wi-Fi TV are free at www.Wi-FiTVParty.com. There is no cost to use the service as Wi-Fi TV is ad supported and sells Wi-Fi TV Stations. All you need is a web cam and microphone on your computer and a high speed Internet connection. MyWi-FiParty works worldwide.
Wi-Fi TV Is a Pioneer In Online TV
Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV web site is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a dialer and make free phone calls and host live video parties all on one web site.
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. 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.
Ownership of Premium Wi-Fi TV Stations is available at $25,000 (full details are on the web site www.Wi-FiTV.com). Several financing options are available. In addition, Basic Wi-Fi TV Stations are now available for $5,000. For details email info*wi-fitv.com.
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 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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EWDC(.0011) eWorld Entertainment Announces Official Launch of eWorld Spain and Appointment of Key Executives Apr 9, 2007 1:28:00 PM LOS ANGELES, April 9 /PRNewswire-FirstCall/ -- Henning Morales, CEO and President of eWorldCompanies, Inc. (Pink Sheets: EWDC), announced today that its wholly-owned subsidiary eWorld Entertainment, Inc. (eWorlde) has officially opened for business in Spain. eWorld has also appointed two key executives, Ms. Barbara Lynn and Mr. Daniel Gallardo, to oversee and direct all local operations and business development from offices in Marbella and Madrid. In addition to coordinating all activities in Spain, Ms. Lynn and Mr. Gallardo will also be responsible for spearheading eWorld's entry into additional European markets.
Barbara Lynn, Vice-President of Business Development, Spain, has more than 30 years experience in sales, sales training and personnel management. In the early 1980's Ms. Lynn was a Regional Branch Controller for C&A Ltd. London, a large UK based retail chain, where she was responsible for all administrative related systems including cash, stock control, payroll, staff training programs, and new branch openings. From 1983 to 1987 she served as Personnel and Training Manager for two other high-profile UK companies, Bentalls PLC and Bally Group, where she was responsible for all personnel and training activities. And from 1987 to 1992 she was Group Personnel and Training Manager at and Allders International Ltd., where she managed and provided a complete personnel and training service for approximately 2,000 personnel located at the UK Head Office and throughout the Ships and Airport Divisions located in the UK, USA and Australia. In 1992 Ms. Lynn left the corporate world and moved to Spain, where she was instrumental in the launch in Spain of Forever Living Products and has become a highly successful entrepreneur. Ms. Lynn has been and continues to be, a leading force in the launch of eWorld Spain.
Daniel Gallardo, Vice-President of Sales & Marketing, Spain, is an experienced hands-on businessman and executive. After studying International Business in San Diego, California at Grossmont College, Mr. Gallardo opened the largest Night Club in town, which became very successful. From California he moved to Quintana Roo, Mexico and became involved in land, small resort, and restaurant projects as well as a web site design company. Mr. Gallardo is fluent in German, Spanish and English and lives currently in Marbella, Spain, were he has opened several restaurants and is still involved in Mexican real estate. Mr. Gallardo is well known across a wide range of business and financial communities and has a wealth of contacts in marketing and media both in Europe and South America.
Commentary In response to the announcement, Henning Morales, CEO and President of eWorldCompanies, Inc., commented, "We believe that Ms. Lynn and Mr. Gallardo are the perfect choices to direct the business of eWorld Spain and to spearhead the development of eWorld Europe. The positioning of these two top-level professionals, along with the official opening of our Spanish offices in Marbella and Madrid, are further indications of our company's commitment to expand both throughout the European community and into the entire international Spanish-speaking market. eWorldCompanies, Inc. is following in the footsteps of industry leaders like Google (GOOG) and Yahoo (YHOO) in positioning itself to become a major international force in the areas of online advertising, Affiliate Marketing, and Internet marketing."
ABOUT EWORLDCOMPANIES, INC. eWorldCompanies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise on the Internet. eWorld markets and distributes these technologies through its wholly-owned subsidiary eWorldEntertainment, Inc. and its International network of Affiliates, which it uses to promote its products and to grow its network of Affiliates, users and strategic partners. The Company's management team has been successfully involved in Network Marketing and Affiliate Marketing of Internet technologies for the past 10 years. eWorld's revenue model consists seven components: (1) Affiliation Fees; (2) Affiliate Monthly Subscriptions; (3) Affiliate Benefit Subscriptions; (4) Product Sales; (5) Advertising Revenues; (6) Web Development Accounts; and (7) International Licensing Fees.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE eWorldCompanies, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
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LDHI(.0026)Issues Clarification of Earlier Release and Reports Major Advancements Toward Corporate Objectives Apr 9, 2007 2:13:00 PM ORANGE, Calif., April 9 /PRNewswire-FirstCall/ -- Liberty Diversified Holdings, Inc. (OTC Bulletin Board: LDHI) released a statement this afternoon clarifying a press release issued earlier this morning which stated that the Company was actively investigating the possibility of recent naked short selling of its stock and was taking aggressive steps to investigate.
Ron Touchard, Liberty's Chairman and CEO, stated, "In light of this morning's comments, we feel it is necessary and important to issue a clarification regarding the current status of our company's goals and accomplishments. As we stated earlier, we intend to aggressively pursue all available avenues to address and expose the naked short-selling that we believe has been taking place. Meanwhile, we will not allow this issue to distract us from moving forward with our company's near and mid-term goals. We have made great strides in the past few months and are pleased to report that our business fundamentals remain very promising and that we are on track or ahead of schedule with all developmental plans. A partial list of our accomplishments since December 2006 include ...
* Acquired Better Bodies, Inc. with CelluBike locations now in five states;
* Acquired SeroTonin Solutions, Inc. and its worldwide licensing rights to the Serotrim Weight Loss product;
* Secured a complete line of 16 top-quality health and nutritional products, all of which are cross-referenced to a highly advanced computer software printout of each client's systemic health needs;
* Obtained co-licensing rights to the current bestselling book "The Serotonin Power Diet";
* Signed a letter of intent with an established company to market Serotrim to all major Spanish-speaking markets in the world, including U.S., Mexico, Spain, Central America and South America;
* Opened several new CelluBike locations; and
* Arranged to receive widespread media exposure for CelluBike and Serotrim at national industry shows and on TV and radio, including ABC's 'The View'. We are also moving swiftly with our plans transform our company-owned CelluBike locations into complete Better Bodies Wellness Centers, and expect to release a detailed report on this very soon. In short, we are very pleased with our company's performance to date, on track with our company's goals and very optimistic both about our near and long-term future.
About Liberty Diversified Holdings, Inc. Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures in all areas of health, wellness and fitness. Liberty provides the management oversight and support necessary to allow its subsidiaries to operate both independently and synergistically, thus maximizing their potential for revenues, profits and growth. Better Bodies, Inc., a wholly-owned subsidiary of Liberty Diversified Holdings, Inc., was formed in 2006 to import and operate CelluBike locations throughout the U.S. and eventually worldwide. Better Bodies, Inc. currently operates and licenses CelluBike locations in California, Nevada, Utah and Texas and also markets CelluBikes to Day Spas, Wellness Centers, Nutrition Centers and to celebrities. The Company is evolving its CelluBike locations into "Better Bodies Wellness Centers" that will offer a complete array of health and wellness products and services including CelluBike, the patented Serotrim(R) Appetite Control Beverage and Serotonin Weight Loss Program, nutritional supplements, and computer-generated personalized wellness and fitness programs. Once this makeover is completed, Liberty plans to initiate an aggressive growth campaign through expansion of company stores and licensed affiliates. In addition to marketing its weight loss and nutritional and products through its Better Bodies Wellness Centers, Liberty also intends to market them aggressively through a variety of different marketing and distribution channels as well.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE Liberty Diversified Holdings, Inc.
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MCTI (.25) Reports Strong Q2 Order Activity
Business Wire "US Press Releases "
ST. PAUL, Minn.--(BUSINESS WIRE)--
Micro Component Technology, Inc. (OTCBB:MCTI) today reported that MCT has received a multiunit Tapestry order in excess of $2.2M. The majority of this shipment will occur in second quarter of 2007.
MCT's President, Chairman and Chief Executive Officer, Roger E. Gower, commented, "It appears that our strong order activity experienced in first quarter is continuing into second quarter. In addition, the majority of this order consisted of products we introduced in June of 2006. Even more exciting, is our new product due to be introduced in second quarter, which will focus on the handling of QFN's, one of the fastest growing device packages in the market."
MCT is a leading manufacturer of test handling and automation solutions satisfying the complete range of handling requirements of the global semiconductor industry. MCT has recently introduced several new products under its Smart Solutions(TM) line of automation products, including Tapestry(R), SmartMark(TM), SmartSort(TM), and SmartTrak(TM), which are designed to automate the back-end of the semiconductor manufacturing process. MCT believes it has the largest installed IC test handler base of any manufacturer, with over 11,000 units worldwide. MCT is headquartered in St. Paul, Minnesota, with its core manufacturing operation in Penang, Malaysia. MCT is traded on the OTC Bulletin Board under the symbol MCTI.
For more information on the Company, visit its web site at http://www.mct.com
Except for the historical information contained herein, the matters discussed in this news release are forward looking statements that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, the impact on cash and results of operations from a flattening or renewed downturn in the semiconductor capital equipment market, the need for additional financing, and the other factors detailed from time to time in the Company's SEC reports, including but not limited to the discussion in the Risk Factors and Management's Discussion & Analysis included in Form 10-K for the year ended December 31, 2006.
Source: Micro Component Technology, Inc.
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