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Penny Stock archives
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Penny Stocks on www.pennymarkets.com
iBasis Announces Date for Third Quarter 2004 Results Release
iBasis Announces Date for Third Quarter 2004 Results Release: "iBasis Announces Date for Third Quarter 2004 Results Release
BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 30, 2004--iBasis, Inc. (OTCBB: IBAS), a leading provider of international long distance service, VoIP, and prepaid calling cards, today announced that it will report third quarter 2004 financial results on Wednesday, October 20, 2004, before the opening of the stock market.
The company will host a conference call to discuss the results, led by Ofer Gneezy, iBasis president & CEO, on Wednesday, October 20, 2004, at 11:00 a.m. EDT. The public is invited to listen to the simultaneous webcast of the call by logging in through the investor relations section of the iBasis website at www.ibasis.com.
About iBasis
Founded in 1996, iBasis (OTCBB: IBAS) is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services, including the Pingo(TM) web-based offering and disposable calling cards, which are sold through major distributors and available at retail stores throughout the U.S. iBasis customers include many of the largest telecommunications carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Telefonica, Telenor, and Telstra. iBasis has carried more than nine billion minutes of international voice over IP (VoIP) traffic over its global Cisco Powered(TM) network, and is one of the ten largest carriers of international voice traffic in the world(1). For three consecutive years service providers have named the Company as the best international wholesale carrier in ATLANTIC-ACM's annual International Wholesale Carrier Report Card(2). "
BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 30, 2004--iBasis, Inc. (OTCBB: IBAS), a leading provider of international long distance service, VoIP, and prepaid calling cards, today announced that it will report third quarter 2004 financial results on Wednesday, October 20, 2004, before the opening of the stock market.
The company will host a conference call to discuss the results, led by Ofer Gneezy, iBasis president & CEO, on Wednesday, October 20, 2004, at 11:00 a.m. EDT. The public is invited to listen to the simultaneous webcast of the call by logging in through the investor relations section of the iBasis website at www.ibasis.com.
About iBasis
Founded in 1996, iBasis (OTCBB: IBAS) is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services, including the Pingo(TM) web-based offering and disposable calling cards, which are sold through major distributors and available at retail stores throughout the U.S. iBasis customers include many of the largest telecommunications carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Telefonica, Telenor, and Telstra. iBasis has carried more than nine billion minutes of international voice over IP (VoIP) traffic over its global Cisco Powered(TM) network, and is one of the ten largest carriers of international voice traffic in the world(1). For three consecutive years service providers have named the Company as the best international wholesale carrier in ATLANTIC-ACM's annual International Wholesale Carrier Report Card(2). "
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WWAG Otcbb Penny Stock
WWA Concludes Most Successful Auction to Date: "WWA Concludes Most Successful Auction to Date
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Sept. 30, 2004--WWA Group Inc. (OTCBB: WWAG) announced today the completion of its largest and most successful unreserved construction equipment auction to date.
The auction was held Sept. 21-25 by its wholly owned subsidiary World Wide Auctioneers Ltd. (WWA) at its facility in Dubai. Gross auction sales exceeded US$23.6 million, and involved a record number of more than 430 registered bidders from 37 countries. The Dubai auction also produced a record number of 242 successful bidders and generated the highest gross commission revenue realized at any WWA auction since its inception in 2000.
WWA's sixth video auction, held the evening of Sept. 23, produced an additional $1.7 million in gross auction sales. The entire auction was broadcast live for the first time using WWA's new proprietary online bidding system. The success of the system was confirmed by the many items that were sold to online bidders from outside of the United Arab Emirates.
'We are pleased with the auction results and the success of our live online bidding,' announced WWAG CEO Carl Van Lieshout. 'Online bidding presents our consigned equipment to a larger international market of buyers, which usually means firm prices at auction.'
Actual sale prices for all items sold are now published for members at www.wwauctions.com. Member registration is free on the site, by clicking on 'Auction Results.' Lists of equipment for sale at upcoming WWA auctions are updated daily on the site.
WWA's next Dubai auction will take place Dec. 7-9, 2004. Anyone interested in consigning equipment to the auctions, or registering to bid, can e-m"
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Sept. 30, 2004--WWA Group Inc. (OTCBB: WWAG) announced today the completion of its largest and most successful unreserved construction equipment auction to date.
The auction was held Sept. 21-25 by its wholly owned subsidiary World Wide Auctioneers Ltd. (WWA) at its facility in Dubai. Gross auction sales exceeded US$23.6 million, and involved a record number of more than 430 registered bidders from 37 countries. The Dubai auction also produced a record number of 242 successful bidders and generated the highest gross commission revenue realized at any WWA auction since its inception in 2000.
WWA's sixth video auction, held the evening of Sept. 23, produced an additional $1.7 million in gross auction sales. The entire auction was broadcast live for the first time using WWA's new proprietary online bidding system. The success of the system was confirmed by the many items that were sold to online bidders from outside of the United Arab Emirates.
'We are pleased with the auction results and the success of our live online bidding,' announced WWAG CEO Carl Van Lieshout. 'Online bidding presents our consigned equipment to a larger international market of buyers, which usually means firm prices at auction.'
Actual sale prices for all items sold are now published for members at www.wwauctions.com. Member registration is free on the site, by clicking on 'Auction Results.' Lists of equipment for sale at upcoming WWA auctions are updated daily on the site.
WWA's next Dubai auction will take place Dec. 7-9, 2004. Anyone interested in consigning equipment to the auctions, or registering to bid, can e-m"
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Penny Stocks: Introduction to Penny Stocks - HotMicrocap.Com
Leap Announces Otcbb Penny Stock NewsLeap Announces Outlook for Planned Service in Fresno, Calif.
SAN DIEGO--(BUSINESS WIRE)--Nov. 8, 2004--Leap Wireless International, Inc. (OTCBB:LEAP), a leading provider of innovative and value-driven wireless communications services, today announced its expectations with respect to the service it plans to launch in Fresno, Calif.
The Company currently expects that:
-- The network it plans to build in the Fresno market, together with planned expansions of its Visalia and Modesto/Merced networks, will increase covered potential customers by approximately one million, bringing total potential customers served by Leap's cluster of markets in California's Central Valley to approximately two million;
-- Capital expenditures to build-out and launch the Fresno market, as well as the related expansion of the Visalia and Modesto/Merced markets, are expected to be between $20 and $25 million (excluding the cost of purchasing the Fresno spectrum); and,
-- Additional cash requirements, excluding capital expenditures, are expected to be less than $8 million.
'We believe that the guidance we are issuing today, which reflects our plans for a highly efficient build-out and significant expansion of covered potential customers, serves to underscore the value that we expect the launch of the Fresno market will bring to the business,' said Bill Freeman, chief executive officer of Leap. 'We expect the addition of Fresno to yield improved operational performance within this cluster of markets by allowing us to more effectively serve our customers up and down the Central San Joaquin Valley. We firmly believe that the expansion strategy represented by the addition of"
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Penny Stocks for Trading
Markets & Investing: "Penny stocks shine as investors change tack
Deepak Korgaonkar / Mumbai October 01, 2004
A sharp revival in investor interest has pulled up small or penny stocks from below their face value just six months back to significant premiums now. Some stocks are now quoting at amazing valuations.
Of the total 1,045 penny or small capitalisation stocks, which traded below their face value at the beginning of 2004-05, as many as 225 are now trading higher.
Of the 225 stocks, some stocks have appreciated more than 1000 per cent in value, all in the last six months. These 225 stocks have posted an average return of 70 per cent till September 30, 2004.
But the biggest surge was in 54 stocks, which have risen in the range of 201 per cent and 1,000 per cent in last six months.
Further, 21 stocks have rallied between 151 per cent and 200 per cent, 43 stocks have posted gains between 100 per cent and 150 per cent and 44 stocks have appreciated between 70 per cent and 100 per cent in the last six months. "
Deepak Korgaonkar / Mumbai October 01, 2004
A sharp revival in investor interest has pulled up small or penny stocks from below their face value just six months back to significant premiums now. Some stocks are now quoting at amazing valuations.
Of the total 1,045 penny or small capitalisation stocks, which traded below their face value at the beginning of 2004-05, as many as 225 are now trading higher.
Of the 225 stocks, some stocks have appreciated more than 1000 per cent in value, all in the last six months. These 225 stocks have posted an average return of 70 per cent till September 30, 2004.
But the biggest surge was in 54 stocks, which have risen in the range of 201 per cent and 1,000 per cent in last six months.
Further, 21 stocks have rallied between 151 per cent and 200 per cent, 43 stocks have posted gains between 100 per cent and 150 per cent and 44 stocks have appreciated between 70 per cent and 100 per cent in the last six months. "
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GTEL profile on www.pennymarkets.com
Wednesday, September 29, 2004
Secured Digital Applications, Inc. SDGL OTcbb Penny Stock
Secured Digital Applications, Inc. Completes Acquisition of Majority Ownership of Gallant IT Group: "Secured Digital Applications, Inc. Completes Acquisition of Majority Ownership of Gallant IT Group
NEW YORK--(BUSINESS WIRE)--Sept. 29, 2004--Secured Digital Applications, Inc. (OTCBB:SDGL) www.digitalapps.net today announced that on September 29, 2004, it had completed the acquisition of a 56% controlling interest in Gallant IT Holdings (M) Sdn Bhd (www.gallant-it.com.my), a leading Malaysian provider of information technology products and services and one of the country's major distributors of Apple computers. On September 22, 2004, Secured Digital announced that it had entered into a definitive agreement to acquire this majority stake.
The purchase price for the acquisition was $658,000. Following Secured Digital's investment in the Gallant IT Group, Gallant Zone (M) Sdn Bhd, Gallant Focus Sdn Bhd and Gallant IT Distribution Sdn Bhd will become wholly-owned subsidiaries of Gallant IT Holdings Sdn Bhd. Secured Digital has also appointed Patrick Lim, Valerie Looi and Mustaffa Yacob as additional directors in addition to the two incumbent directors on the board of Gallant IT Holdings Sdn Bhd and its subsidiaries.
To further strengthen and streamline the operations of Gallant, Secured Digital will relocate immediately Gallant's Apple repair and distribution center from the Mid-Valley Megamall, Kuala Lumpur, to Secured Digital's facility in Petaling Jaya, Selangor, Malaysia.
About Secured Digital Applications:
Secured Digital Applications, Inc. (formerly known as Digital Broadband Networks, Inc.) and its subsidiaries are involved in the development, integration and provision of secured shipping and supply chai"
NEW YORK--(BUSINESS WIRE)--Sept. 29, 2004--Secured Digital Applications, Inc. (OTCBB:SDGL) www.digitalapps.net today announced that on September 29, 2004, it had completed the acquisition of a 56% controlling interest in Gallant IT Holdings (M) Sdn Bhd (www.gallant-it.com.my), a leading Malaysian provider of information technology products and services and one of the country's major distributors of Apple computers. On September 22, 2004, Secured Digital announced that it had entered into a definitive agreement to acquire this majority stake.
The purchase price for the acquisition was $658,000. Following Secured Digital's investment in the Gallant IT Group, Gallant Zone (M) Sdn Bhd, Gallant Focus Sdn Bhd and Gallant IT Distribution Sdn Bhd will become wholly-owned subsidiaries of Gallant IT Holdings Sdn Bhd. Secured Digital has also appointed Patrick Lim, Valerie Looi and Mustaffa Yacob as additional directors in addition to the two incumbent directors on the board of Gallant IT Holdings Sdn Bhd and its subsidiaries.
To further strengthen and streamline the operations of Gallant, Secured Digital will relocate immediately Gallant's Apple repair and distribution center from the Mid-Valley Megamall, Kuala Lumpur, to Secured Digital's facility in Petaling Jaya, Selangor, Malaysia.
About Secured Digital Applications:
Secured Digital Applications, Inc. (formerly known as Digital Broadband Networks, Inc.) and its subsidiaries are involved in the development, integration and provision of secured shipping and supply chai"
Tuesday, September 28, 2004
CEIW Consolidated Energy, Inc. Announces $73,000,000 Contract
CEIW Consolidated Energy, Inc. Announces $73,000,000 Contract: "Consolidated Energy, Inc. Announces $73,000,000 Contract
CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Sept. 28, 2004--David Guthrie, President and CEO of Consolidated Energy, Inc. (OTCBB:CEIW) ('The Company') announced today that Eastern Consolidated Energy Inc., (ECEI) a wholly owned subsidiary of Consolidated Energy Inc., completed negotiations and executed an agreement with American Electric Power (AEP) for a coal supply contract for Kentucky Power Company's ('KPC') Big Sandy Plant. The contract has a face value of more than $73,000,000 with additional incentives. The contract provides that ECEI will deliver to the Big Sandy Plant a minimum of 40,000 tons per month from one of several coal reserves held by ECEI beginning no later than March 1, 2005 and continuing until February 29, 2008.
Additionally, the contract allows for ECEI to deliver up to 20,000 tons per month at the option of ECEI commencing October 1, 2004 and continuing until the primary contract begins March 1, 2005.
Mr. Guthrie stated that 'ECEI had been pursing this contract for several months and feels fortunate to have this contract come to fruition.' Guthrie further stated that 'Revenues realized from the production and sales from this contract will allow ECEI to accelerate the expansion and development of its Central Appalachian coal reserves.' "
CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Sept. 28, 2004--David Guthrie, President and CEO of Consolidated Energy, Inc. (OTCBB:CEIW) ('The Company') announced today that Eastern Consolidated Energy Inc., (ECEI) a wholly owned subsidiary of Consolidated Energy Inc., completed negotiations and executed an agreement with American Electric Power (AEP) for a coal supply contract for Kentucky Power Company's ('KPC') Big Sandy Plant. The contract has a face value of more than $73,000,000 with additional incentives. The contract provides that ECEI will deliver to the Big Sandy Plant a minimum of 40,000 tons per month from one of several coal reserves held by ECEI beginning no later than March 1, 2005 and continuing until February 29, 2008.
Additionally, the contract allows for ECEI to deliver up to 20,000 tons per month at the option of ECEI commencing October 1, 2004 and continuing until the primary contract begins March 1, 2005.
Mr. Guthrie stated that 'ECEI had been pursing this contract for several months and feels fortunate to have this contract come to fruition.' Guthrie further stated that 'Revenues realized from the production and sales from this contract will allow ECEI to accelerate the expansion and development of its Central Appalachian coal reserves.' "
GTEL GlobeTel Reports Third Quarter Revenue Projections and Provides Fourth Quarter Expectation
GTEL GlobeTel Reports Third Quarter Revenue Projections and Provides Fourth Quarter Expectation: "GlobeTel Reports Third Quarter Revenue Projections and Provides Fourth Quarter Expectation
MIAMI--(BUSINESS WIRE)--Sept. 28, 2004--GlobeTel Communications Corp. (OTCBB:GTEL), today released expected revenues for the third quarter ending September 30, 2004 as well as a statement of expectations for the fourth quarter.
GTEL management is pleased to announce that it is expecting to report that third quarter 2004 revenues will be in excess of $5,000,000 and that based on the third quarter performance, GTEL will be on a $20,000,000 annual run rate. Annual run rate is revenue at the current rate projected over a 12-month period from that time forward.
Management believes that, based on product acceptance, accelerated product marketing and other positive business developments, GTEL should be generating revenues of $4 million to $5 million per month by the end of the fourth quarter ending December 31, 2004, producing an annual revenue run rate of $48,000,000 to $60,000,000. These revenue numbers are consistent with management's previous statements and revenue forecasts and objectives.
Timothy Huff, CEO of GTEL, stated, 'GTEL management has worked diligently over the past several quarters to properly position and build the infrastructure of the Company to be able to generate these kind of revenues. We believe that the next two quarters will be proof positive that our efforts and careful planning will have transformed GTEL into a true industry leader. We see tremendous revenue growth potential and the foundation of our company is the strongest it has been since the company was founded. We have made careful and strategic decisions to continue our a"
MIAMI--(BUSINESS WIRE)--Sept. 28, 2004--GlobeTel Communications Corp. (OTCBB:GTEL), today released expected revenues for the third quarter ending September 30, 2004 as well as a statement of expectations for the fourth quarter.
GTEL management is pleased to announce that it is expecting to report that third quarter 2004 revenues will be in excess of $5,000,000 and that based on the third quarter performance, GTEL will be on a $20,000,000 annual run rate. Annual run rate is revenue at the current rate projected over a 12-month period from that time forward.
Management believes that, based on product acceptance, accelerated product marketing and other positive business developments, GTEL should be generating revenues of $4 million to $5 million per month by the end of the fourth quarter ending December 31, 2004, producing an annual revenue run rate of $48,000,000 to $60,000,000. These revenue numbers are consistent with management's previous statements and revenue forecasts and objectives.
Timothy Huff, CEO of GTEL, stated, 'GTEL management has worked diligently over the past several quarters to properly position and build the infrastructure of the Company to be able to generate these kind of revenues. We believe that the next two quarters will be proof positive that our efforts and careful planning will have transformed GTEL into a true industry leader. We see tremendous revenue growth potential and the foundation of our company is the strongest it has been since the company was founded. We have made careful and strategic decisions to continue our a"
Otcbb Penny Stock XDSL
Otcbb Penny Stock XDSL mPhase Technologies and Bell Labs Successfully Demonstrate First Battery Based on 'Nanograss'; R&D Team Proves Feasibility of Nanotech-based Electrochemical Power Storage and Generation: "mPhase Technologies and Bell Labs Successfully Demonstrate First Battery Based on 'Nanograss'; R&D Team Proves Feasibility of Nanotech-based Electrochemical Power Storage and Generation
NORWALK, Conn. and MURRAY HILL, N.J.--(BUSINESS WIRE)--Sept. 28, 2004--mPhase Technologies Inc. (OTCBB:XDSL) and Lucent Technologies (NYSE: LU) today announced a major milestone for future commercialization of a nanotechnology-based battery. Lab tests, which have been replicated, prove it is possible to fabricate nanotech-based batteries, which can store and generate electric current. The project is based on a joint program with Bell Labs, the R&D arm of Lucent Technologies.
The prototype demonstration was conducted at Lucent's New Jersey Nanotechnology Consortium (NJNC), one of the world's most advanced design, development and fabrication facilities for nanotechnology, based at Bell Labs in Murray Hill, N.J. The companies had previously announced a broad agreement to develop and commercialize this technology.
The prototype battery is based on a Bell Labs discovery that liquid droplets of electrolyte will stay in a dormant state atop microscopic structures called 'nanograss' until stimulated to flow, thereby triggering a reaction producing electricity. The experiment proved that this super-hydrophobic effect of liquids can permit precise control and activation of the batteries on demand.
Future batteries based on this technology have the potential to deliver far longer shelf life and better storage capacity than existing battery technology. Potential initial"
NORWALK, Conn. and MURRAY HILL, N.J.--(BUSINESS WIRE)--Sept. 28, 2004--mPhase Technologies Inc. (OTCBB:XDSL) and Lucent Technologies (NYSE: LU) today announced a major milestone for future commercialization of a nanotechnology-based battery. Lab tests, which have been replicated, prove it is possible to fabricate nanotech-based batteries, which can store and generate electric current. The project is based on a joint program with Bell Labs, the R&D arm of Lucent Technologies.
The prototype demonstration was conducted at Lucent's New Jersey Nanotechnology Consortium (NJNC), one of the world's most advanced design, development and fabrication facilities for nanotechnology, based at Bell Labs in Murray Hill, N.J. The companies had previously announced a broad agreement to develop and commercialize this technology.
The prototype battery is based on a Bell Labs discovery that liquid droplets of electrolyte will stay in a dormant state atop microscopic structures called 'nanograss' until stimulated to flow, thereby triggering a reaction producing electricity. The experiment proved that this super-hydrophobic effect of liquids can permit precise control and activation of the batteries on demand.
Future batteries based on this technology have the potential to deliver far longer shelf life and better storage capacity than existing battery technology. Potential initial"
Universal Express USXP Otcbb PennyStock
USXP Otcbb PennyStock: "Universal Express Joins Points.Com
NEW YORK--(BUSINESS WIRE)--Sept. 28, 2004--Universal Express (OTCBB: USXP), today introduced its Luggage Express service and its gift card programs to the loyalty industry via a recently executed agreement with Points.com.
'Points.com enables program members to get more value from their participation in loyalty programs through its many exchange and strategic relationships with companies like Delta Airlines, American Airlines, e-Bay, Intercontinental Hotels, Prime Hospitality, British Airways and Interactive Corp. to name only a few. Earned loyalty program points may now be exchanged for our luggage and gift card services,' said Cecilia Vesnesky, President of Luggage Express.
'Frequent flyer miles, or earned value credits may be exchanged for luggage services. No cash is used. Accumulated miles and loyalty points now convert into cash for our services. We've been working on such a concept with one airline, and now we're elated to announce multiple opportunities to offer our services with accumulated value points. It's another win-win for our branding, sales and marketing efforts,' said Richard A. Altomare, Chairman of Universal Express.
'We are pleased to have Universal Express as a new member of the Points Exchange and look forward to extending this unique redemption benefit,' said Chris Barnard, President of Points International.
Leveraging corporate incentive programs into offering our innovative services will further enhance our luggage market and gift card position. A full list of the points exchange partners can be viewed by visiting www.points.com, concluded Brett Hudson, President of Cash Express.
About Points International Ltd.
Point"
NEW YORK--(BUSINESS WIRE)--Sept. 28, 2004--Universal Express (OTCBB: USXP), today introduced its Luggage Express service and its gift card programs to the loyalty industry via a recently executed agreement with Points.com.
'Points.com enables program members to get more value from their participation in loyalty programs through its many exchange and strategic relationships with companies like Delta Airlines, American Airlines, e-Bay, Intercontinental Hotels, Prime Hospitality, British Airways and Interactive Corp. to name only a few. Earned loyalty program points may now be exchanged for our luggage and gift card services,' said Cecilia Vesnesky, President of Luggage Express.
'Frequent flyer miles, or earned value credits may be exchanged for luggage services. No cash is used. Accumulated miles and loyalty points now convert into cash for our services. We've been working on such a concept with one airline, and now we're elated to announce multiple opportunities to offer our services with accumulated value points. It's another win-win for our branding, sales and marketing efforts,' said Richard A. Altomare, Chairman of Universal Express.
'We are pleased to have Universal Express as a new member of the Points Exchange and look forward to extending this unique redemption benefit,' said Chris Barnard, President of Points International.
Leveraging corporate incentive programs into offering our innovative services will further enhance our luggage market and gift card position. A full list of the points exchange partners can be viewed by visiting www.points.com, concluded Brett Hudson, President of Cash Express.
About Points International Ltd.
Point"
Friday, September 24, 2004
VoIP, Inc. VOII OTCBB PENNY STOCK
VoIP, Inc. Reports 11 Million Minutes per Month; an Increase of 1 Million Minutes from its Wholesale Division: "VoIP, Inc. Reports 11 Million Minutes per Month; an Increase of 1 Million Minutes from its Wholesale Division
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 24, 2004--VoIP, Inc. (OTCBB:VOII) today announced a 1 million minute increase in its wholesale traffic division VoIP-Americas. VoIP-Americas is a wholly-owned subsidiary of VoIP, Inc. and comprise the wholesale VoIP traffic division.
VoIP Americas was founded in 2002 to take advantage of the emerging market for IP multimedia-based solutions and to leverage the skill sets of its founders, Carlos Rivas and Albert Rodriguez. Having overcome the significant hurdles inherent in launching a Next Generation Carrier, VoIP Americas rolled out a suite of products designed to significantly lower the barrier of entry for organizations new to the market. In the most recent twelve periods, VoIP Americas has demonstrated average monthly growth of 20%.
Today, VoIP Americas has customers in every continent excluding Antarctica and is terminating over 11,000,000 minutes of Voice Over IP traffic on a monthly basis.
VoIP-Americas, Albert Rodriguez commented, 'This increase in traffic has two direct impacts on our business plan, first to provide VoIP-Americas a profit by selling to other carriers, and second and probably more importantly, to increase the margin opportunity of our retail minutes. I am pleased with our results thus far as we continue to work towards our goals and intensify the efforts of our Wholesale operations.'
VoIP, Inc. Chief Executive Officer, Steven Ivester, commented, 'While sales of our new products and traffic on our global VoIP network make a significant co"
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 24, 2004--VoIP, Inc. (OTCBB:VOII) today announced a 1 million minute increase in its wholesale traffic division VoIP-Americas. VoIP-Americas is a wholly-owned subsidiary of VoIP, Inc. and comprise the wholesale VoIP traffic division.
VoIP Americas was founded in 2002 to take advantage of the emerging market for IP multimedia-based solutions and to leverage the skill sets of its founders, Carlos Rivas and Albert Rodriguez. Having overcome the significant hurdles inherent in launching a Next Generation Carrier, VoIP Americas rolled out a suite of products designed to significantly lower the barrier of entry for organizations new to the market. In the most recent twelve periods, VoIP Americas has demonstrated average monthly growth of 20%.
Today, VoIP Americas has customers in every continent excluding Antarctica and is terminating over 11,000,000 minutes of Voice Over IP traffic on a monthly basis.
VoIP-Americas, Albert Rodriguez commented, 'This increase in traffic has two direct impacts on our business plan, first to provide VoIP-Americas a profit by selling to other carriers, and second and probably more importantly, to increase the margin opportunity of our retail minutes. I am pleased with our results thus far as we continue to work towards our goals and intensify the efforts of our Wholesale operations.'
VoIP, Inc. Chief Executive Officer, Steven Ivester, commented, 'While sales of our new products and traffic on our global VoIP network make a significant co"
Thursday, September 23, 2004
September Shows Signs of Success for Tango TNGO Otcbb Penny Stock
September Shows Signs of Success for Tango: "September Shows Signs of Success for Tango
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 23, 2004--Tango Incorporated (OTCBB:TNGO) is pleased to announce that Tango Pacific has been achieving the objectives as laid out by its management. Overall production is on target, shipping and billings have been running successfully, the installation of its new software is underway and the launch of Long Hard Ride has taken place.
'I believe the company is on target to achieve its objective of generating $6.5 million in revenue for the next year, and the cost efficiencies from the second shift are beginning to filter into our cash flow by reducing our payroll costs. I am delighted with our overall success,' said Todd Violette, Chairman and COO.
About Tango
Tango Incorporated is a leading garment manufacturing and distribution company, with a goal of becoming a dominant leader in the industry. Tango pursues opportunities, both domestically and internationally. Tango provides major branded apparel the ability to produce the highest quality merchandise, while protecting the integrity of their brand. Tango serves as a trusted ally, providing them with quality production and on-time delivery, with maximum efficiency and reliability. Tango becomes a business partner by providing economic solutions for development of their brand. Tango provides a work environment that is rewarding to its employees and at the same time has an aggressive plan for growth. Tango is currently producing for many major brands, including Nike, Nike Jordan and RocaWear.
For more information visit: www.tangopacific.com. "
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 23, 2004--Tango Incorporated (OTCBB:TNGO) is pleased to announce that Tango Pacific has been achieving the objectives as laid out by its management. Overall production is on target, shipping and billings have been running successfully, the installation of its new software is underway and the launch of Long Hard Ride has taken place.
'I believe the company is on target to achieve its objective of generating $6.5 million in revenue for the next year, and the cost efficiencies from the second shift are beginning to filter into our cash flow by reducing our payroll costs. I am delighted with our overall success,' said Todd Violette, Chairman and COO.
About Tango
Tango Incorporated is a leading garment manufacturing and distribution company, with a goal of becoming a dominant leader in the industry. Tango pursues opportunities, both domestically and internationally. Tango provides major branded apparel the ability to produce the highest quality merchandise, while protecting the integrity of their brand. Tango serves as a trusted ally, providing them with quality production and on-time delivery, with maximum efficiency and reliability. Tango becomes a business partner by providing economic solutions for development of their brand. Tango provides a work environment that is rewarding to its employees and at the same time has an aggressive plan for growth. Tango is currently producing for many major brands, including Nike, Nike Jordan and RocaWear.
For more information visit: www.tangopacific.com. "
Universal Express Luggage Service USXP Otcbb Penny Stock
Universal Express Luggage Service Selected by Virtuoso Town and Country Travel Club: "Universal Express Luggage Service Selected by Virtuoso Town and Country Travel Club
NEW YORK--(BUSINESS WIRE)--Sept. 23, 2004--Universal Express (OTCBB: USXP), today announced that its division Luggage Express has been selected by the Virtuoso Town & Country Travel Club and the Town and Country Travel Magazine for seasoned and experienced travelers to use.
'Along with American Airlines, Mandarin Oriental Hotel Group, Neiman Marcus Rewards, RockResorts, Silversea Cruises, and Tumi Luggage, the exclusive 264 Virtuoso Travel Agents offer high-end travel experiences for ten's of thousands of vacationers worldwide', said Cecilia Vesnesky, President of Luggage Express.
'Like the elite units of the Military, only 264 out of 30,000 travel agents qualify for the Virtuoso Travel Club. We're humbled to have been selected for our luggage delivery service and performance', said Richard A. Altomare, Chairman of Universal Express.
'With significant travel discounts, free nights at selected hotels, specialized Virtuoso Travel Advisors, private tours, private dinners and whatever else can make one's trip unforgettable - that's the Virtuoso Travel Club. Having customer's luggage picked up at their home and delivered to their end destination without the stress of carrying and waiting for luggage at carousels or check-in lines clearly defines a new Virtuoso Experience with Luggage Express,' concluded, Richard A. Altomare.
About Universal Express
Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp. (USXP Cash Express & Leasing Division), and Universal Express Logistics (Luggage Expr"
NEW YORK--(BUSINESS WIRE)--Sept. 23, 2004--Universal Express (OTCBB: USXP), today announced that its division Luggage Express has been selected by the Virtuoso Town & Country Travel Club and the Town and Country Travel Magazine for seasoned and experienced travelers to use.
'Along with American Airlines, Mandarin Oriental Hotel Group, Neiman Marcus Rewards, RockResorts, Silversea Cruises, and Tumi Luggage, the exclusive 264 Virtuoso Travel Agents offer high-end travel experiences for ten's of thousands of vacationers worldwide', said Cecilia Vesnesky, President of Luggage Express.
'Like the elite units of the Military, only 264 out of 30,000 travel agents qualify for the Virtuoso Travel Club. We're humbled to have been selected for our luggage delivery service and performance', said Richard A. Altomare, Chairman of Universal Express.
'With significant travel discounts, free nights at selected hotels, specialized Virtuoso Travel Advisors, private tours, private dinners and whatever else can make one's trip unforgettable - that's the Virtuoso Travel Club. Having customer's luggage picked up at their home and delivered to their end destination without the stress of carrying and waiting for luggage at carousels or check-in lines clearly defines a new Virtuoso Experience with Luggage Express,' concluded, Richard A. Altomare.
About Universal Express
Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp. (USXP Cash Express & Leasing Division), and Universal Express Logistics (Luggage Expr"
Magic Media Networks, Inc. MGCN Otcbb Penny Stock
Magic Media Networks, Inc. Implements Nationwide Public Relations Program: "Magic Media Networks, Inc. Implements Nationwide Public Relations Program
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 2004--Magic Media Networks, Inc. (OTCBB:MGCN), announced today it has retained Mirador Consulting, Inc., a Florida based corporate consulting firm, to establish a nationwide investor relations campaign.
Under the agreement, Mirador Consulting shall implement a multi-part investor relations program including stockbroker relations, media relations, shareholder/investor communications and Internet coverage.
Mirador Consulting is a full-service corporate consulting firm based in Boca Raton, Florida. Mirador specializes in micro-cap and middle market NASDAQ-listed companies, providing nationwide representation to members of the investment community.
For additional information, please visit the Company's website at http://www.MagicMedia.com. "
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 2004--Magic Media Networks, Inc. (OTCBB:MGCN), announced today it has retained Mirador Consulting, Inc., a Florida based corporate consulting firm, to establish a nationwide investor relations campaign.
Under the agreement, Mirador Consulting shall implement a multi-part investor relations program including stockbroker relations, media relations, shareholder/investor communications and Internet coverage.
Mirador Consulting is a full-service corporate consulting firm based in Boca Raton, Florida. Mirador specializes in micro-cap and middle market NASDAQ-listed companies, providing nationwide representation to members of the investment community.
For additional information, please visit the Company's website at http://www.MagicMedia.com. "
Clancy Systems CLSI Otcbb Penny Stock
Clancy Systems Joins Lanier Parking in Louisville Project: "Clancy Systems Joins Lanier Parking in Louisville Project
DENVER--(BUSINESS WIRE)--Sept. 23, 2004--Clancy Systems International, Inc. (OTCBB:CLSI), a leading developer of parking enforcement solutions, announces it will install a program for parking citation issuance and processing in Louisville, KY with Lanier Parking Systems, Atlanta, GA. The start date for the project is October 1.
The City of Louisville has contracted with Lanier Parking Systems for the overall project management which includes ticket issuance, meter supervision and collections, staffing and on street enforcement. Clancy will work closely with Lanier on the ticket issuance and processing programs.
Stanley Wolfson, President, states, 'Clancy works with Lanier in other cities including Wrightsville Beach, N.C.; Myrtle Beach, S.C. and Richmond, VA. Both Lanier and Clancy are looking forward to working together in Louisville.'"
DENVER--(BUSINESS WIRE)--Sept. 23, 2004--Clancy Systems International, Inc. (OTCBB:CLSI), a leading developer of parking enforcement solutions, announces it will install a program for parking citation issuance and processing in Louisville, KY with Lanier Parking Systems, Atlanta, GA. The start date for the project is October 1.
The City of Louisville has contracted with Lanier Parking Systems for the overall project management which includes ticket issuance, meter supervision and collections, staffing and on street enforcement. Clancy will work closely with Lanier on the ticket issuance and processing programs.
Stanley Wolfson, President, states, 'Clancy works with Lanier in other cities including Wrightsville Beach, N.C.; Myrtle Beach, S.C. and Richmond, VA. Both Lanier and Clancy are looking forward to working together in Louisville.'"
VoIP, Inc. Aggressive Rollout VOII Otcbb Penny Stock
VoIP, Inc. Aggressive Rollout Continues With Expansion to California and Georgia: "VoIP, Inc. Aggressive Rollout Continues With Expansion to California and Georgia
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 2004--VoIP, Inc. (OTCBB:VOII) today announced the expansion of its residential and business Voice over IP phone service, 'eGlobalphone.'
The availability of the eGlobalphone Service to residents and businesses in 2 additional states marks the commitment by VoIP, Inc. the parent company of eGlobalphone to meet the needs of customers globally; offering a high-tech alternative for their communications needs.
eGlobalphone Service began setting benchmarks Aug. 1, 2004 for what the company believes will be one of the industries most reliable and innovative broadband phone service in the country as it made the service generally available to consumers in Florida.
The company is on track to expand its service footprint in about 20 new markets monthly concentrating primary on the major metropolitan areas. The company's plans is to launch service in over 200 markets by year's end as part of VoIP, Inc.'s growing strategic focus on IP-based communications services. The company's goal is to sign up 2.3 million business and consumer customers by 2007.
'eGlobalphone Service marks the beginning of an exciting new era in voice communications that gives customers another choice,' said Steven Ivester, CEO of VoIP, Inc. The company will continue to push the adoption of VoIP services to both businesses and consumers as it delivers the next generation of communications that customers demand.
eGlobalphone Service requires that customers have a high-speed Internet connection to the home or business. While a growing number of households and busin"
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 2004--VoIP, Inc. (OTCBB:VOII) today announced the expansion of its residential and business Voice over IP phone service, 'eGlobalphone.'
The availability of the eGlobalphone Service to residents and businesses in 2 additional states marks the commitment by VoIP, Inc. the parent company of eGlobalphone to meet the needs of customers globally; offering a high-tech alternative for their communications needs.
eGlobalphone Service began setting benchmarks Aug. 1, 2004 for what the company believes will be one of the industries most reliable and innovative broadband phone service in the country as it made the service generally available to consumers in Florida.
The company is on track to expand its service footprint in about 20 new markets monthly concentrating primary on the major metropolitan areas. The company's plans is to launch service in over 200 markets by year's end as part of VoIP, Inc.'s growing strategic focus on IP-based communications services. The company's goal is to sign up 2.3 million business and consumer customers by 2007.
'eGlobalphone Service marks the beginning of an exciting new era in voice communications that gives customers another choice,' said Steven Ivester, CEO of VoIP, Inc. The company will continue to push the adoption of VoIP services to both businesses and consumers as it delivers the next generation of communications that customers demand.
eGlobalphone Service requires that customers have a high-speed Internet connection to the home or business. While a growing number of households and busin"
Voice Mobility International, Inc. VMII Otcbb Penny Stock
Voice Mobility International, Inc. Closes Private Financing: "Voice Mobility International, Inc. Closes Private Financing
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 23, 2004--Voice Mobility International, Inc. (OTCBB: VMII)(TSX: VMY), announced that it has closed a private placement financing to raise aggregate proceeds of Cdn.$1.6 million pursuant to the issuance of 2,457,577 units at prices between Cdn.$0.65 and $0.66 per unit.
Each unit consists of one common share and one-half of one share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share at the price of Cdn$1.00 per share for a period of three years. Voice Mobility has the right on thirty days notice to require the holders of the warrants to exercise their warrants so long as the closing price of Voice Mobility's shares on the Toronto Stock Exchange exceeds Cdn.$2.25 per share for at least thirty consecutive trading days prior to the date of the notice.
Voice Mobility paid a commission to agents and issued to the agents an additional 155,162 units on the same terms and conditions as noted above.
About Voice Mobility
Voice Mobility markets and develops next generation messaging solutions that provide all of the enhanced features and functionality of unified communications while ensuring integration with and replacement of existing voice messaging systems. Voice Mobility markets its software suite to telephone companies and service providers in both mature and new growth markets. Voice Mobility's enhanced messaging solution offers a lower cost of system ownership that allows carriers and service providers to cease spending capital on legacy equipment, and that provides seamless migration of paying customers from first generati"
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 23, 2004--Voice Mobility International, Inc. (OTCBB: VMII)(TSX: VMY), announced that it has closed a private placement financing to raise aggregate proceeds of Cdn.$1.6 million pursuant to the issuance of 2,457,577 units at prices between Cdn.$0.65 and $0.66 per unit.
Each unit consists of one common share and one-half of one share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share at the price of Cdn$1.00 per share for a period of three years. Voice Mobility has the right on thirty days notice to require the holders of the warrants to exercise their warrants so long as the closing price of Voice Mobility's shares on the Toronto Stock Exchange exceeds Cdn.$2.25 per share for at least thirty consecutive trading days prior to the date of the notice.
Voice Mobility paid a commission to agents and issued to the agents an additional 155,162 units on the same terms and conditions as noted above.
About Voice Mobility
Voice Mobility markets and develops next generation messaging solutions that provide all of the enhanced features and functionality of unified communications while ensuring integration with and replacement of existing voice messaging systems. Voice Mobility markets its software suite to telephone companies and service providers in both mature and new growth markets. Voice Mobility's enhanced messaging solution offers a lower cost of system ownership that allows carriers and service providers to cease spending capital on legacy equipment, and that provides seamless migration of paying customers from first generati"
Wednesday, September 22, 2004
Wherify Wireless IQBM Otcbb Penny Stock
Wherify Wireless Closes $3 Million Round of Series C Funding: "Wherify Wireless, Inc., a leading developer of wireless location products and services based on the company's pioneering back-end location service platform, today announced it has closed an additional $3 million in Series C funding. This brings the total amount of Series C funds raised to $24 million and the total investment in Wherify to more than $40 million since the company's inception.
The investment will support Wherify's efforts to support the domestic and international market launch of the world's first, smallest and lightest, Aided-GPS Locator Phone designed for personal safety, communication and location identification of loved-ones, to include children or elderly relatives. Wherify, which recently entered into a definitive agreement and plan of merger with IQ Biometrix, Inc. (OTCBB:IQBM) of Fremont, Calif., also plans to use a portion of the newly acquired funds for aggressive business development activities and penetration of new GSM-centric markets in Asia, Europe, Africa and the Americas.
'Our ability to acquire additional funding demonstrates the confidence of our investors in our products, technology and overall strategic vision,' said Timothy Neher, president and CEO of Wherify Wireless. 'This round of funding will strengthen our ability to expedite the market launch of our breakthrough Aided-GPS Locator Phone and focus on the development of GSM markets around the globe. We are in a great market position because of our innovative location technology and rapid-time-to-market business model, which will enable carriers to quickly deploy our innovative technology and generate new revenue streams.'
Consumer revenues from wireless location-based services are projected to hit $18."
The investment will support Wherify's efforts to support the domestic and international market launch of the world's first, smallest and lightest, Aided-GPS Locator Phone designed for personal safety, communication and location identification of loved-ones, to include children or elderly relatives. Wherify, which recently entered into a definitive agreement and plan of merger with IQ Biometrix, Inc. (OTCBB:IQBM) of Fremont, Calif., also plans to use a portion of the newly acquired funds for aggressive business development activities and penetration of new GSM-centric markets in Asia, Europe, Africa and the Americas.
'Our ability to acquire additional funding demonstrates the confidence of our investors in our products, technology and overall strategic vision,' said Timothy Neher, president and CEO of Wherify Wireless. 'This round of funding will strengthen our ability to expedite the market launch of our breakthrough Aided-GPS Locator Phone and focus on the development of GSM markets around the globe. We are in a great market position because of our innovative location technology and rapid-time-to-market business model, which will enable carriers to quickly deploy our innovative technology and generate new revenue streams.'
Consumer revenues from wireless location-based services are projected to hit $18."
NYRR OTCBB Penny Stock
NYRR Announces Bridges is Back at the Helm!: "NYRR Announces Bridges is Back at the Helm!
NEW YORK--(BUSINESS WIRE)--Sept. 22, 2004--New York Regional Rail (OTCBB:'NYRR') is pleased to announce that Ronald W. Bridges, has been appointed Chief Executive Officer. Mr. Bridges compensation will consist primarily of $1 in cash and 1,000,000 warrants convertible into common shares at an exercise price of $.0001.
'We are extremely happy to have Ron back from his early retirement caused by health issues. In his first term as CEO, NYRR's revenues grew and the Company achieved profitability in the last two consecutive quarters of his term. Additionally, Ron has always achieved a high degree of success and his loss as CEO adversely impacted our company. However, during his brief retirement Ron was instrumental in bringing the NYRR/Transit Rail agreement to fruition. Now with our strengthen financial condition, our capital infrastructure improvement and additions, the recently announced settlement of a major legal matter, and having Ron back in charge, our Company is will positioned for future growth,' said Gordon Kuhn, Chairman of the Board of Directors.
Joel Marcus, Chief Financial Officer and Director of NYRR added, 'We are pleased to have Ron once again take on the leadership role, historically under his direction the results of the Company spoke for itself. Ron is a leader by example and his take charge approach should greatly excel the growth of our Company, while his no nonsense attitude should also increasing our profit margins,' he concluded.
Ronald Bridges, Chief Executive Officer stated, 'I have taken stock as compensation rather than cash, to show my conviction and dedication to the job at hand, which is first and "
NEW YORK--(BUSINESS WIRE)--Sept. 22, 2004--New York Regional Rail (OTCBB:'NYRR') is pleased to announce that Ronald W. Bridges, has been appointed Chief Executive Officer. Mr. Bridges compensation will consist primarily of $1 in cash and 1,000,000 warrants convertible into common shares at an exercise price of $.0001.
'We are extremely happy to have Ron back from his early retirement caused by health issues. In his first term as CEO, NYRR's revenues grew and the Company achieved profitability in the last two consecutive quarters of his term. Additionally, Ron has always achieved a high degree of success and his loss as CEO adversely impacted our company. However, during his brief retirement Ron was instrumental in bringing the NYRR/Transit Rail agreement to fruition. Now with our strengthen financial condition, our capital infrastructure improvement and additions, the recently announced settlement of a major legal matter, and having Ron back in charge, our Company is will positioned for future growth,' said Gordon Kuhn, Chairman of the Board of Directors.
Joel Marcus, Chief Financial Officer and Director of NYRR added, 'We are pleased to have Ron once again take on the leadership role, historically under his direction the results of the Company spoke for itself. Ron is a leader by example and his take charge approach should greatly excel the growth of our Company, while his no nonsense attitude should also increasing our profit margins,' he concluded.
Ronald Bridges, Chief Executive Officer stated, 'I have taken stock as compensation rather than cash, to show my conviction and dedication to the job at hand, which is first and "
Ocean Resource's OCRI OTCBB Penny Stock
Ocean Resource's MV Ocean Boomer Departs Shipyard for First WWI Shipwreck Recovery Project: "Ocean Resource's MV Ocean Boomer Departs Shipyard for First WWI Shipwreck Recovery Project
DALLAS--(BUSINESS WIRE)--Sept. 22, 2004--Ocean Resources, Inc. (OTCBB:OCRI), a marine salvage operator specializing in retrieval of commodity-grade metals from deepwater shipwrecks, today announced that its ship MV Ocean Boomer has left the A&P Birkenhead shipyard in Liverpool where it underwent a six-month multi-million dollar refit and technical modernization to integrate the company's leading edge technology grab system and Remote-Operated Vehicle (ROV) unmanned submarine. Over the next four to six weeks, the Ocean Boomer will be conducting its first salvage project -- recovery of the lost 'commodity treasure' cargo of copper ingots from a British merchant marine ship sunk by German torpedo fire in WWI. With the value of copper at $1.30 per lb, the cargo has an estimated value of $5 to $7 million on international commodities markets.
'With good fortune and fair weather we should be lifting ingots in 10 to 20 days,' stated Kit Chambers, Ocean Resources Chief Operating Officer, as he scanned the horizon from the A&P docks in Liverpool. 'We'll continue recovery efforts at this project until our window of good weather closes. Then we'll move on to the next recovery site. Ocean Resources' contracts for shipwreck recovery projects worldwide will keep us busy year-round well into 2006.'
Ocean Resources is focusing on WWI and WWII merchant ship recovery projects of commodity-grade metals. Its initial six projects are estimated to have an aggregate market value of more than $110 million.
'By pursuing the unique strategy of harvesting only known 'co"
DALLAS--(BUSINESS WIRE)--Sept. 22, 2004--Ocean Resources, Inc. (OTCBB:OCRI), a marine salvage operator specializing in retrieval of commodity-grade metals from deepwater shipwrecks, today announced that its ship MV Ocean Boomer has left the A&P Birkenhead shipyard in Liverpool where it underwent a six-month multi-million dollar refit and technical modernization to integrate the company's leading edge technology grab system and Remote-Operated Vehicle (ROV) unmanned submarine. Over the next four to six weeks, the Ocean Boomer will be conducting its first salvage project -- recovery of the lost 'commodity treasure' cargo of copper ingots from a British merchant marine ship sunk by German torpedo fire in WWI. With the value of copper at $1.30 per lb, the cargo has an estimated value of $5 to $7 million on international commodities markets.
'With good fortune and fair weather we should be lifting ingots in 10 to 20 days,' stated Kit Chambers, Ocean Resources Chief Operating Officer, as he scanned the horizon from the A&P docks in Liverpool. 'We'll continue recovery efforts at this project until our window of good weather closes. Then we'll move on to the next recovery site. Ocean Resources' contracts for shipwreck recovery projects worldwide will keep us busy year-round well into 2006.'
Ocean Resources is focusing on WWI and WWII merchant ship recovery projects of commodity-grade metals. Its initial six projects are estimated to have an aggregate market value of more than $110 million.
'By pursuing the unique strategy of harvesting only known 'co"
Newport International Group Inc. Signs Letter of Intent to Acquire MM Internet for Cash and Stock
Newport International Group Inc. Signs Letter of Intent to Acquire MM Internet for Cash and Stock: "Newport International Group Inc. Signs Letter of Intent to Acquire MM Internet for Cash and Stock
PALM DESERT, Calif.--(BUSINESS WIRE)--Sept. 22, 2004--Newport International Group (OTCBB:NWPO) and MM Internet (MMI) have agreed to terms whereby MMI will be acquired by Newport as a separate subsidiary alongside its GrassRoots Communications unit. Newport, which recently raised more than $2.5 million through the sale of its common stock, will acquire MMI for a combination of common stock and cash. MMI, which provides broadband services to more than 1,500 small- and mid-sized businesses, recorded revenues in excess of $1.4 million in 2003. Newport believes MMI's customer footprint as well as its technical infrastructure will help decrease costs of operations and enhance overall margins among both its subsidiaries.
Cery Perle, CEO of Newport stated: 'We believe this acquisition is a win for both companies. Newport will gain 1,500 business broadband customers and increase overall margins at both subsidiaries through successful integration of billing and back office support with our GrassRoots subsidiary. We intend to enhance the experience for these customers and look to be opportunistic in growing revenues in this cash flow positive operation. Overall, Newport will continually look to make accretive acquisitions in the broadband space where we believe we can capitalize on efficiencies that can be gained through integration into our subsidiaries.'
Newport expects to enter into a definitive agreement shortly and to complete the transaction on or before Nov. 30. The closing is subject to satisfactory completion of due diligence and audits of MMI's financials. "
PALM DESERT, Calif.--(BUSINESS WIRE)--Sept. 22, 2004--Newport International Group (OTCBB:NWPO) and MM Internet (MMI) have agreed to terms whereby MMI will be acquired by Newport as a separate subsidiary alongside its GrassRoots Communications unit. Newport, which recently raised more than $2.5 million through the sale of its common stock, will acquire MMI for a combination of common stock and cash. MMI, which provides broadband services to more than 1,500 small- and mid-sized businesses, recorded revenues in excess of $1.4 million in 2003. Newport believes MMI's customer footprint as well as its technical infrastructure will help decrease costs of operations and enhance overall margins among both its subsidiaries.
Cery Perle, CEO of Newport stated: 'We believe this acquisition is a win for both companies. Newport will gain 1,500 business broadband customers and increase overall margins at both subsidiaries through successful integration of billing and back office support with our GrassRoots subsidiary. We intend to enhance the experience for these customers and look to be opportunistic in growing revenues in this cash flow positive operation. Overall, Newport will continually look to make accretive acquisitions in the broadband space where we believe we can capitalize on efficiencies that can be gained through integration into our subsidiaries.'
Newport expects to enter into a definitive agreement shortly and to complete the transaction on or before Nov. 30. The closing is subject to satisfactory completion of due diligence and audits of MMI's financials. "
Monday, September 20, 2004
eLEC Communications Launches VOIP `Vox Adapter Box'
eLEC Communications Launches VOIP `Vox Adapter Box': "eLEC Communications Launches VOIP `Vox Adapter Box'
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Sept. 20, 2004--eLEC Communications Corp. (OTCBB:ELEC) today announced the formation and commencement of operations of a wholly-owned Voice over Internet Protocol ('VoIP') subsidiary, Vox Communications Corp., to offer enhanced telephone services through the use of eLEC's 'Vox Adapter Box' to customers who have high-speed access to the Internet.
The 'Vox Adapter Box' in its first phase will be sold through retail phone stores in the New York Metropolitan area. Stores will buy the Vox Adapter Boxes from eLEC and will sell it to consumers who are looking to enhance their high speed Internet connection with an easy to use, multi-featured low-priced VoIP service that cannot currently be provided to people who are using traditional landline voice services.
The Vox Adapter Box allows anyone with high-speed Internet access to use VoIP services for as low as $9.95 a month plus usage charges. Vox offers both residential and business customers a variety of service plans, which include international calls to more than 20 countries for just two cents a minute.
'Clearly, VoIP is going to be an important factor in the future of voice communications,' said eLEC CEO Paul Riss. 'The Wall Street Journal recently quoted a research study that concluded that while only 100,000 people use VoIP regularly at the present time, by the year 2007 this figure is expected to grow to 10 million. With a selling price of only $9.95 per month plus usage charges, we believe we will be noticed by many high-speed Internet users that will be considering a feature-rich VoIP product,' said Riss.
eLEC Communications "
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Sept. 20, 2004--eLEC Communications Corp. (OTCBB:ELEC) today announced the formation and commencement of operations of a wholly-owned Voice over Internet Protocol ('VoIP') subsidiary, Vox Communications Corp., to offer enhanced telephone services through the use of eLEC's 'Vox Adapter Box' to customers who have high-speed access to the Internet.
The 'Vox Adapter Box' in its first phase will be sold through retail phone stores in the New York Metropolitan area. Stores will buy the Vox Adapter Boxes from eLEC and will sell it to consumers who are looking to enhance their high speed Internet connection with an easy to use, multi-featured low-priced VoIP service that cannot currently be provided to people who are using traditional landline voice services.
The Vox Adapter Box allows anyone with high-speed Internet access to use VoIP services for as low as $9.95 a month plus usage charges. Vox offers both residential and business customers a variety of service plans, which include international calls to more than 20 countries for just two cents a minute.
'Clearly, VoIP is going to be an important factor in the future of voice communications,' said eLEC CEO Paul Riss. 'The Wall Street Journal recently quoted a research study that concluded that while only 100,000 people use VoIP regularly at the present time, by the year 2007 this figure is expected to grow to 10 million. With a selling price of only $9.95 per month plus usage charges, we believe we will be noticed by many high-speed Internet users that will be considering a feature-rich VoIP product,' said Riss.
eLEC Communications "
Incode to Acquire Ignite Web Development Subscription Service BIBO Otcbb Penny Stock
Incode to Acquire Ignite Web Development Subscription Service; Platform Provides Intuitive and Advanced Tools for Web Development to Small Business: "Incode to Acquire Ignite Web Development Subscription Service; Platform Provides Intuitive and Advanced Tools for Web Development to Small Business
NEW YORK--(BUSINESS WIRE)--Sept. 20, 2004--Incode Corp. today announced its execution of an agreement to acquire Ignite, an intuitive Web-based utility that allows users to build, edit and maintain their own Web sites and e-commerce stores without any training. Incode expects to close the acquisition of Ignite in line with the completion of Incode's proposed acquisition by BIB Holdings Ltd. ('BIB') (OTCBB: BIBO).
Ignite's technology is based on an easy-to-use and approachable word processor-based interface that gives users the instant ability to build a well-designed Web site and take control of their site and their online sales. Ignite's three basic products, its Web site builder, its Web site editor, and its e-commerce store, are bundled with competitively priced hosting services and are priced on a monthly subscription basis. More information on Ignite's products can be accessed online at www.ignitepowered.com.
Jim Grainer, Incode's president and chief financial officer, stated, 'We believe that Ignite's offerings are complementary to our broader product and service mix. Users of Incode's planned MarketCast or KissyKat services, for example, may also need to launch their own financial- or pet-centric Web sites -- the Ignite products would provide these users with the ready ability to launch their own professionally designed site for a reasonably priced recurring subscription. We expect Ignite to accordingly scale with the growth of our other p"
NEW YORK--(BUSINESS WIRE)--Sept. 20, 2004--Incode Corp. today announced its execution of an agreement to acquire Ignite, an intuitive Web-based utility that allows users to build, edit and maintain their own Web sites and e-commerce stores without any training. Incode expects to close the acquisition of Ignite in line with the completion of Incode's proposed acquisition by BIB Holdings Ltd. ('BIB') (OTCBB: BIBO).
Ignite's technology is based on an easy-to-use and approachable word processor-based interface that gives users the instant ability to build a well-designed Web site and take control of their site and their online sales. Ignite's three basic products, its Web site builder, its Web site editor, and its e-commerce store, are bundled with competitively priced hosting services and are priced on a monthly subscription basis. More information on Ignite's products can be accessed online at www.ignitepowered.com.
Jim Grainer, Incode's president and chief financial officer, stated, 'We believe that Ignite's offerings are complementary to our broader product and service mix. Users of Incode's planned MarketCast or KissyKat services, for example, may also need to launch their own financial- or pet-centric Web sites -- the Ignite products would provide these users with the ready ability to launch their own professionally designed site for a reasonably priced recurring subscription. We expect Ignite to accordingly scale with the growth of our other p"
Power3 Medical PWRM Otcbb Penny Stock
Power3 Medical Forms Research Agreement with Mercy Women's Center for Early Detection Breast Cancer Test: "Power3 Medical Forms Research Agreement with Mercy Women's Center for Early Detection Breast Cancer Test
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sept. 20, 2004--Power3 Medical Products, Inc. (OTCBB: PWRM) announces the signing of a research agreement with Mercy Women's Center, Oklahoma City, Oklahoma, and the collaboration with Dr. Alan Hollingsworth, Research Director at Mercy Women's Center Medical on the identification of protein biomarkers for the early indication of breast cancer in blood serum.
Under this agreement, Mercy Women's Center will provide Power3 Medical up to 600 blood serum samples from normal subjects and subjects with various stages of breast cancer.
According to Dr. Alan Hollingsworth, Research Director of Mercy Women's Center, 'Such a test would revolutionize screening and diagnosis of breast cancer, yet very little attention has been given to this goal in the past due to the reliance on mammography. Now that the 'miss rate' of mammography has been established - yet ultrasound and MRI are not accepted by insurance carriers as screening tools - we are in desperate need of a 'pre-screening' blood test.'
Steven Rash, Chief Executive Officer of Power3 Medical, stated, 'We are pleased to be working with such a notable breast cancer authority and look forward to this collaboration.'
About Power3 Medical Products, Inc.
Power3 Medical Products is a leading edge biotechnology company engaged in the discovery of protein footprints, pathways, and mechanisms of diseases that the Company's proprietary technology can detect in patients. These discoveries are being used to develop screening and dia"
THE WOODLANDS, Texas--(BUSINESS WIRE)--Sept. 20, 2004--Power3 Medical Products, Inc. (OTCBB: PWRM) announces the signing of a research agreement with Mercy Women's Center, Oklahoma City, Oklahoma, and the collaboration with Dr. Alan Hollingsworth, Research Director at Mercy Women's Center Medical on the identification of protein biomarkers for the early indication of breast cancer in blood serum.
Under this agreement, Mercy Women's Center will provide Power3 Medical up to 600 blood serum samples from normal subjects and subjects with various stages of breast cancer.
According to Dr. Alan Hollingsworth, Research Director of Mercy Women's Center, 'Such a test would revolutionize screening and diagnosis of breast cancer, yet very little attention has been given to this goal in the past due to the reliance on mammography. Now that the 'miss rate' of mammography has been established - yet ultrasound and MRI are not accepted by insurance carriers as screening tools - we are in desperate need of a 'pre-screening' blood test.'
Steven Rash, Chief Executive Officer of Power3 Medical, stated, 'We are pleased to be working with such a notable breast cancer authority and look forward to this collaboration.'
About Power3 Medical Products, Inc.
Power3 Medical Products is a leading edge biotechnology company engaged in the discovery of protein footprints, pathways, and mechanisms of diseases that the Company's proprietary technology can detect in patients. These discoveries are being used to develop screening and dia"
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Inland Cellular to Offer One Voice's MobileVoice Service ONEV Otcbb Penny Stock
Inland Cellular to Offer One Voice's MobileVoice Service: "Inland Cellular to Offer One Voice's MobileVoice Service
SAN DIEGO--(BUSINESS WIRE)--Sept. 20, 2004--One Voice Technologies, Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that Inland Cellular has signed a multi-year contract with One Voice to offer One Voice's MobileVoice service to Inland Cellular subscribers. The MobileVoice service includes Voice-Dialing, Group Conference Calling, Reading and Sending E-mail and Voice-to-Text SMS Messaging, all powered by One Voice's patented voice technology.
'One Voice has made it very easy for carriers like Inland to offer in-demand services including E-mail and Voice-to-Text SMS Messaging which can be deployed across our entire subscriber base without the need to upgrade an existing subscriber's handset,' said Chip Damato, General Manager for Inland Cellular. 'We view this partnership as a tremendous opportunity to target the high ARPU users in our markets with high-revenue generating, attrition reducing services. We are equally pleased with the simplicity of One Voice's business model which allows Inland to deploy these services immediately to our entire subscriber base.'
'We are very excited to be working with Inland Cellular,' said Jack Johnson, Vice President of Telephony Sales at One Voice. 'Inland understands the importance of creating value in their network rather than relying simply on non-differentiated functionality built into mobile handsets. By adding the MobileVoice functionality to their network, Inland will not only create immediate and long-term revenues, but will also create 'stickiness' within their subscriber base by providing featur"
SAN DIEGO--(BUSINESS WIRE)--Sept. 20, 2004--One Voice Technologies, Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that Inland Cellular has signed a multi-year contract with One Voice to offer One Voice's MobileVoice service to Inland Cellular subscribers. The MobileVoice service includes Voice-Dialing, Group Conference Calling, Reading and Sending E-mail and Voice-to-Text SMS Messaging, all powered by One Voice's patented voice technology.
'One Voice has made it very easy for carriers like Inland to offer in-demand services including E-mail and Voice-to-Text SMS Messaging which can be deployed across our entire subscriber base without the need to upgrade an existing subscriber's handset,' said Chip Damato, General Manager for Inland Cellular. 'We view this partnership as a tremendous opportunity to target the high ARPU users in our markets with high-revenue generating, attrition reducing services. We are equally pleased with the simplicity of One Voice's business model which allows Inland to deploy these services immediately to our entire subscriber base.'
'We are very excited to be working with Inland Cellular,' said Jack Johnson, Vice President of Telephony Sales at One Voice. 'Inland understands the importance of creating value in their network rather than relying simply on non-differentiated functionality built into mobile handsets. By adding the MobileVoice functionality to their network, Inland will not only create immediate and long-term revenues, but will also create 'stickiness' within their subscriber base by providing featur"
Friday, September 17, 2004
Bad Toys Holdings Otcbb Penny Stock BTYHV
Bad Toys Holdings' to Exhibit at Las Vegas Bike Fest 2004; American Eagle, Bad Toys' Subsidiary, to Exhibit 11 New Customized Motorcycles: "Bad Toys Holdings' to Exhibit at Las Vegas Bike Fest 2004; American Eagle, Bad Toys' Subsidiary, to Exhibit 11 New Customized Motorcycles
Las Vegas Bike Fest 2004
KINGSPORT, Tenn.--(BUSINESS WIRE)--Sept. 16, 2004--Bad Toys Holdings, Inc. (OTCBB: BTYHV), a manufacturer and seller of custom V-Twin motorcycles, custom street rods and provides brokerage service to custom, classic cars, and motorcycle owners, announced it will be exhibiting at this years Las Vegas Bike Fest September 16 - 19, 2004 being held at the Cashman Center located at 850 Las Vegas Blvd. N, Las Vegas, NV.
The Las Vegas Bike Fest caters to a nation-wide audience of motorcycle enthusiasts and customers. Bad Toys Holdings through its subsidiary American Eagle Manufacturing will be exhibiting 11 of their latest customized motorcycles.
The show's attendance last year was more than 24,000 with 80% of the registered attendees coming from out of state and this year the show is expected to beat last years attendance. This is an excellent opportunity to provide more exposure for Bad Toys and its subsidiaries.
'We would like to extend an invitation to everyone to come visit us in Las Vegas as we exhibit our top-of-the-line motorcycles at this weekends Las Vegas Bike Fest,' stated Larry Lunan, Bad Toys Holdings' President and CEO.
ABOUT BAD TOYS HOLDINGS, INC.
Bad Toys Holdings, Inc. (formally Bad Toys, Inc.-BTOI) is a Nevada corporation engaged in the business of manufacturing and selling custom V-Twin motorcycles, custom street rods, maintains a retail outlet, and provides brokerage servic"
Las Vegas Bike Fest 2004
KINGSPORT, Tenn.--(BUSINESS WIRE)--Sept. 16, 2004--Bad Toys Holdings, Inc. (OTCBB: BTYHV), a manufacturer and seller of custom V-Twin motorcycles, custom street rods and provides brokerage service to custom, classic cars, and motorcycle owners, announced it will be exhibiting at this years Las Vegas Bike Fest September 16 - 19, 2004 being held at the Cashman Center located at 850 Las Vegas Blvd. N, Las Vegas, NV.
The Las Vegas Bike Fest caters to a nation-wide audience of motorcycle enthusiasts and customers. Bad Toys Holdings through its subsidiary American Eagle Manufacturing will be exhibiting 11 of their latest customized motorcycles.
The show's attendance last year was more than 24,000 with 80% of the registered attendees coming from out of state and this year the show is expected to beat last years attendance. This is an excellent opportunity to provide more exposure for Bad Toys and its subsidiaries.
'We would like to extend an invitation to everyone to come visit us in Las Vegas as we exhibit our top-of-the-line motorcycles at this weekends Las Vegas Bike Fest,' stated Larry Lunan, Bad Toys Holdings' President and CEO.
ABOUT BAD TOYS HOLDINGS, INC.
Bad Toys Holdings, Inc. (formally Bad Toys, Inc.-BTOI) is a Nevada corporation engaged in the business of manufacturing and selling custom V-Twin motorcycles, custom street rods, maintains a retail outlet, and provides brokerage servic"
COVD Covad Otcbb Penny Stock
Covad to Present at Jefferies 2nd Annual Communications and Media Conference: "Covad to Present at Jefferies 2nd Annual Communications and Media Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 16, 2004--Covad Communications Group, Inc. (OTCBB:COVD), a leading national provider of integrated voice and data communications, is scheduled to present at the Jefferies 2nd Annual Communications and Media Conference on Thursday, September 23, 2004 at 3:15 p.m. EDT.
The presentation will be available via audio Webcast and can be accessed on the Event Calendar section on the company's web site at www.covad.com/companyinfo/investorrelations. Participants should allow approximately 10 minutes prior to the call's start time to visit the site and download any streaming media software needed to listen to the Webcast.
An online replay of the Webcast may be accessed on the Investor Relations section of Covad's web site for 30 days.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com."
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 16, 2004--Covad Communications Group, Inc. (OTCBB:COVD), a leading national provider of integrated voice and data communications, is scheduled to present at the Jefferies 2nd Annual Communications and Media Conference on Thursday, September 23, 2004 at 3:15 p.m. EDT.
The presentation will be available via audio Webcast and can be accessed on the Event Calendar section on the company's web site at www.covad.com/companyinfo/investorrelations. Participants should allow approximately 10 minutes prior to the call's start time to visit the site and download any streaming media software needed to listen to the Webcast.
An online replay of the Webcast may be accessed on the Investor Relations section of Covad's web site for 30 days.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com."
Thursday, September 16, 2004
OTCBB Penny Stock PFSD Pacific Sands, Inc
Pacific Sands, Inc. Allies With Allied Pools, Wisconsin Largest Retail Pool and Spa Chain: "Pacific Sands, Inc. Allies With Allied Pools, Wisconsin Largest Retail Pool and Spa Chain
RACINE, Wis.--(BUSINESS WIRE)--Sept. 16, 2004--Pacific Sands, Inc. (OTCBB:PFSD) announced today that Allied Pools, a Wisconsin chain of pool and spa retailers, has picked up the company's Eco One line of nontoxic, earth and health friendly spa products.
Pacific Sands VP of Sales and Marketing, Michael Michie said the sale is a result of new, aggressive marketing initiatives set forth by the company. 'We're initiating a retail program that combines competitive pricing and dealer incentives with the benefits of a product line that meets even the most discriminating consumer's needs. Eco One demonstrates three key product advantages by being easy to use, environmentally friendly and nontoxic.'
The company reported that the initial order was shipped last week and store sales have begun.
With seven locations in Milwaukee, Appleton, Green Bay, Racine, New Berlin and Madison, Allied is the largest Wisconsin-based chain of pool and spa retailers. For more information on Allied Pools, see their website at: http://www.alliedpools.com/
Other News:
Pacific Sands is pleased to announce that the company was featured in a Milwaukee Journal/Sentinel story entitled 'Bubbling Possibilities.' http://www.jsonline.com/bym/news/sep04/258363.asp
About Pacific Sands
Pacific Sands, Inc. develops manufactures and markets safe, nontoxic cleaning and water treatment solutions for industrial, and consumer products. Pacific Sands recently moved its operations and manufacturing to Racine, WI. "
RACINE, Wis.--(BUSINESS WIRE)--Sept. 16, 2004--Pacific Sands, Inc. (OTCBB:PFSD) announced today that Allied Pools, a Wisconsin chain of pool and spa retailers, has picked up the company's Eco One line of nontoxic, earth and health friendly spa products.
Pacific Sands VP of Sales and Marketing, Michael Michie said the sale is a result of new, aggressive marketing initiatives set forth by the company. 'We're initiating a retail program that combines competitive pricing and dealer incentives with the benefits of a product line that meets even the most discriminating consumer's needs. Eco One demonstrates three key product advantages by being easy to use, environmentally friendly and nontoxic.'
The company reported that the initial order was shipped last week and store sales have begun.
With seven locations in Milwaukee, Appleton, Green Bay, Racine, New Berlin and Madison, Allied is the largest Wisconsin-based chain of pool and spa retailers. For more information on Allied Pools, see their website at: http://www.alliedpools.com/
Other News:
Pacific Sands is pleased to announce that the company was featured in a Milwaukee Journal/Sentinel story entitled 'Bubbling Possibilities.' http://www.jsonline.com/bym/news/sep04/258363.asp
About Pacific Sands
Pacific Sands, Inc. develops manufactures and markets safe, nontoxic cleaning and water treatment solutions for industrial, and consumer products. Pacific Sands recently moved its operations and manufacturing to Racine, WI. "
Tango Otcbb Penny Stock TNGO
Tango's Success Breeds New Opportunities: "Tango's Success Breeds New Opportunities
NEW YORK--(BUSINESS WIRE)--Aug. 19, 2004--Tango Incorporated (OTCBB:TNGO) is pleased to announced that effective immediately, it will begin engaging in discussions with potential acquisition targets. The Company has identified potential targets that would complement its existing facility in Portland.
According to Todd Violette, Chairman & COO of Tango, 'Now that our shareholders have approved the Resolution allowing us to structure Tango as a Business Development Corporation, we expect to pursue the mandate that management has been given and look to acquire a strong cash flowing business before the end of this calendar year. By pursuing this plan, and with the potential targets we have in mind, we are looking to add an additional $5 million to $10 million in revenue. The margins from these businesses could significantly add to shareholder value.'
About Tango
Tango Incorporated is a leading garment manufacturing and distribution company, with a goal of becoming a dominant leader in the industry. Tango pursues opportunities, both domestically and internationally. Tango provides major branded apparel the ability to produce the highest quality merchandise, while protecting the integrity of their brand. Tango serves as a trusted ally, providing them with quality production and on-time delivery, with maximum efficiency and reliability. Tango becomes a business partner by providing economic solutions for development of their brand. Tango provides a work environment that is rewarding to its employees and at the same time has an aggressive plan for growth. Tango is currently producing for many major brands, including Nike, Nike Jordan and RocaWear.
For more infor"
NEW YORK--(BUSINESS WIRE)--Aug. 19, 2004--Tango Incorporated (OTCBB:TNGO) is pleased to announced that effective immediately, it will begin engaging in discussions with potential acquisition targets. The Company has identified potential targets that would complement its existing facility in Portland.
According to Todd Violette, Chairman & COO of Tango, 'Now that our shareholders have approved the Resolution allowing us to structure Tango as a Business Development Corporation, we expect to pursue the mandate that management has been given and look to acquire a strong cash flowing business before the end of this calendar year. By pursuing this plan, and with the potential targets we have in mind, we are looking to add an additional $5 million to $10 million in revenue. The margins from these businesses could significantly add to shareholder value.'
About Tango
Tango Incorporated is a leading garment manufacturing and distribution company, with a goal of becoming a dominant leader in the industry. Tango pursues opportunities, both domestically and internationally. Tango provides major branded apparel the ability to produce the highest quality merchandise, while protecting the integrity of their brand. Tango serves as a trusted ally, providing them with quality production and on-time delivery, with maximum efficiency and reliability. Tango becomes a business partner by providing economic solutions for development of their brand. Tango provides a work environment that is rewarding to its employees and at the same time has an aggressive plan for growth. Tango is currently producing for many major brands, including Nike, Nike Jordan and RocaWear.
For more infor"
RadView Software OTCBB Penny Stock RDVW
RadView Software to Transition from Nasdaq SmallCap To OTCBB; RadView Software to be Delisted from Nasdaq SmallCap Market Effective September 17, 2004: "RadView Software to Transition from Nasdaq SmallCap To OTCBB; RadView Software to be Delisted from Nasdaq SmallCap Market Effective September 17, 2004
BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 13, 2004--RadView Software Ltd. (Nasdaq: RDVW), a premier provider of solutions for verifying the performance, scalability and integrity of business critical Web applications, today announced that its ordinary shares will be delisted from the Nasdaq SmallCap Market effective with the opening of business on Friday, September 17, 2004.
The Company's ordinary shares will be immediately eligible to quotation on the Over-the-Counter Bulletin Board (OTCBB) effective with the opening of business on September 17, 2004. The Company will keep its current trading symbol of 'RDVW,' however, some Internet quotation services add an 'OB' to the end of the symbol and will use 'RDVW.OB' for the purpose of providing stock quotes. No application for inclusion on the OTCBB is required, provided a market maker enters a quote on the first day of eligibility.
The Company received a Nasdaq Staff Determination letter on September 8, 2004 indicating that the Company fails to comply with the shareholders' equity, market capitalization, and net income requirements for continued listing set forth in Marketplace Rule 4320(e)(B), and that its securities are, therefore, subject to delisting from the Nasdaq SmallCap Market. In August 2004, the Company provided to the Nasdaq the Company's plan to regain compliance by achieving operating profitability and increasing shareholders' equity; however, because t"
BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 13, 2004--RadView Software Ltd. (Nasdaq: RDVW), a premier provider of solutions for verifying the performance, scalability and integrity of business critical Web applications, today announced that its ordinary shares will be delisted from the Nasdaq SmallCap Market effective with the opening of business on Friday, September 17, 2004.
The Company's ordinary shares will be immediately eligible to quotation on the Over-the-Counter Bulletin Board (OTCBB) effective with the opening of business on September 17, 2004. The Company will keep its current trading symbol of 'RDVW,' however, some Internet quotation services add an 'OB' to the end of the symbol and will use 'RDVW.OB' for the purpose of providing stock quotes. No application for inclusion on the OTCBB is required, provided a market maker enters a quote on the first day of eligibility.
The Company received a Nasdaq Staff Determination letter on September 8, 2004 indicating that the Company fails to comply with the shareholders' equity, market capitalization, and net income requirements for continued listing set forth in Marketplace Rule 4320(e)(B), and that its securities are, therefore, subject to delisting from the Nasdaq SmallCap Market. In August 2004, the Company provided to the Nasdaq the Company's plan to regain compliance by achieving operating profitability and increasing shareholders' equity; however, because t"
VoIPMDU.COM Pink Sheets Penny Stock VPMD
VoIPMDU.COM Enhances Its VoIP Bundle Features with UnityVoice Agreement: "VoIPMDU.COM Enhances Its VoIP Bundle Features with UnityVoice Agreement
VANCOUVER, B.C.,--(BUSINESS WIRE)--Sept. 15, 2004--VoIPMDU.COM (Symbol: VPMD-Pinks OTCBB) today announced that it has signed a strategic distributor agreement with UnityVoice Inc. and Victory Capital Holdings Corp. (OTCBB: VTYC) which will further enhance the marketing of its comprehensive VoIP Bundles to a worldwide audience, including the recently announced addition of Points.Com subscribers, (www.points.com) the only independent loyalty program currency exchange in North America.
VoIPMDU.COM's previously announced VoIP Bundles provided subscribers with free worldwide calling to other VoIPMDU.COM customers, 1000 minutes of North American calls and access to discounted international rates of up to 70%. (See VoIPMDU.COM Press Release dated July 22, 2004). The monthly plan also includes features such as call waiting, call display, caller name, voice mail, call forwarding, 3 way conferencing and call transfer.
The Company's newly-signed agreement with UnityVoice will consist of a unique 32 feature VoIP package including a 'Follow Me Line Call Transfer,' that tracks subscribers down at home, office or their cell telephones and announces the name of the caller, as well as the assignment of a private 800 number, a toll-free, never-busy number which requires no activation/set-up fee and no extra equipment. The service includes routing of calls to subscribers' other numbers or their voice mails. This package will be offered to users online through the Company's website (www.voipmdu.com), to UnityVoice's existing subscribers and through Points.com's website and its hundreds of thou"
VANCOUVER, B.C.,--(BUSINESS WIRE)--Sept. 15, 2004--VoIPMDU.COM (Symbol: VPMD-Pinks OTCBB) today announced that it has signed a strategic distributor agreement with UnityVoice Inc. and Victory Capital Holdings Corp. (OTCBB: VTYC) which will further enhance the marketing of its comprehensive VoIP Bundles to a worldwide audience, including the recently announced addition of Points.Com subscribers, (www.points.com) the only independent loyalty program currency exchange in North America.
VoIPMDU.COM's previously announced VoIP Bundles provided subscribers with free worldwide calling to other VoIPMDU.COM customers, 1000 minutes of North American calls and access to discounted international rates of up to 70%. (See VoIPMDU.COM Press Release dated July 22, 2004). The monthly plan also includes features such as call waiting, call display, caller name, voice mail, call forwarding, 3 way conferencing and call transfer.
The Company's newly-signed agreement with UnityVoice will consist of a unique 32 feature VoIP package including a 'Follow Me Line Call Transfer,' that tracks subscribers down at home, office or their cell telephones and announces the name of the caller, as well as the assignment of a private 800 number, a toll-free, never-busy number which requires no activation/set-up fee and no extra equipment. The service includes routing of calls to subscribers' other numbers or their voice mails. This package will be offered to users online through the Company's website (www.voipmdu.com), to UnityVoice's existing subscribers and through Points.com's website and its hundreds of thou"
Wednesday, September 15, 2004
Ocean Resources OCRI Otcbb Penny Stock
Ocean Resources OCRI Otcbb Penny Stock: "Ocean Resources Undergoing Final Certification for Departure
DALLAS--(BUSINESS WIRE)--Sept. 15, 2004--Ocean Resources, Inc. (OTCBB:OCRI) said today that its vessel, Ocean Boomer, is prepared for departure pending clearing of inclement weather and final certification from the Lloyd's Register surveyor. The vessel is expected to depart within five days from the stated departure date of September 15th for its mission to recover $5 to $7 million worth of copper ingots from a World War I wreck lying some 200 miles west of Ireland.
Ocean's CEO, Dennis McLaughlin, stated, 'The certification we are seeking from Lloyds Register is the 100-A1 classification, proving the Ocean Boomer to be of the highest standards in sea-worthiness, and one of the hardest to achieve. As soon as the certification has concluded and the weather clears, we are heading out.'
Ocean Resources will realize proceeds from the sale of ingots recovered upon return to port, with 14 percent being remitted to Great Britain's Treasury Department. Following this project, said Mr. McLaughlin, the company will proceed as announced with additional recoveries from its proprietary inventory of World Wars I and II merchant wrecks. These ships hold a combined commodities metals cargo of $110 million.
About Ocean Resources Inc.
Ocean Resources, based in Dallas, Texas, is a unique marine salvage operator with the proprietary technology, intellectual resources and experience that enables it to cost-effectively retrieve vast supplies of 'commodity treasures' from shipwrecks at greater ocean depths than previously possible. Ocean Resources recovers goods from Merchant Marine ships sunk during WWI & WWII as they were "
DALLAS--(BUSINESS WIRE)--Sept. 15, 2004--Ocean Resources, Inc. (OTCBB:OCRI) said today that its vessel, Ocean Boomer, is prepared for departure pending clearing of inclement weather and final certification from the Lloyd's Register surveyor. The vessel is expected to depart within five days from the stated departure date of September 15th for its mission to recover $5 to $7 million worth of copper ingots from a World War I wreck lying some 200 miles west of Ireland.
Ocean's CEO, Dennis McLaughlin, stated, 'The certification we are seeking from Lloyds Register is the 100-A1 classification, proving the Ocean Boomer to be of the highest standards in sea-worthiness, and one of the hardest to achieve. As soon as the certification has concluded and the weather clears, we are heading out.'
Ocean Resources will realize proceeds from the sale of ingots recovered upon return to port, with 14 percent being remitted to Great Britain's Treasury Department. Following this project, said Mr. McLaughlin, the company will proceed as announced with additional recoveries from its proprietary inventory of World Wars I and II merchant wrecks. These ships hold a combined commodities metals cargo of $110 million.
About Ocean Resources Inc.
Ocean Resources, based in Dallas, Texas, is a unique marine salvage operator with the proprietary technology, intellectual resources and experience that enables it to cost-effectively retrieve vast supplies of 'commodity treasures' from shipwrecks at greater ocean depths than previously possible. Ocean Resources recovers goods from Merchant Marine ships sunk during WWI & WWII as they were "
VoIP, Inc. VOII Otcbb Penny Stock
VoIP, Inc. Announces $1 Million-Plus Purchase Contract: "VoIP, Inc. Announces $1 Million-Plus Purchase Contract
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 15, 2004--VoIP, Inc. (OTCBB:VOII) today announced that its wholly owned subsidiary, VoIP Solutions, Inc., has received a purchase contract for its MTA-V102 Multimedia Terminal Adapters valued at more than $1 million (USD) from FMC Telecom of Davie, Florida.
FMC Telecom (www.fmctel.com) has committed to purchase a total of 15,000 MTA-V102 units, of which a minimum of 5,000 pieces are to be purchased the first year, and a minimum of 10,000 pieces the second year.
'This contract with FMC Telecom is one more indication of the strong and growing acceptance of Voice Over IP Telephony service,' said Steven Ivester, CEO of VoIP, Inc. 'Our momentum in the Multimedia Terminal Adapter segment is reflected in the contract signed earlier this year with ANEW Broadband, as well as in other contracts which are currently in the pipeline.'
'We have tested and deployed many different terminal adaptors, including the ATA186 made by Cisco Systems Inc (NASDAQ:CSCO) but landed on the MTA-V102 from VoIP Solutions www.voipsolutions.com because it offers a unique feature set as well as exceptional value, which made it a logical choice for our customers' needs,' said Frank Cassidy, President and Founder of FMC Telecom. 'This equipment will enable us to move quickly into the VoIP service space with customers throughout the Americas.'
FMC Telecom, currently in the midst of deploying a new range of VoIP service, is known for its comprehensive package of professional services, as well as equipment, materials and systems integration, for major turnkey telecommunic"
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 15, 2004--VoIP, Inc. (OTCBB:VOII) today announced that its wholly owned subsidiary, VoIP Solutions, Inc., has received a purchase contract for its MTA-V102 Multimedia Terminal Adapters valued at more than $1 million (USD) from FMC Telecom of Davie, Florida.
FMC Telecom (www.fmctel.com) has committed to purchase a total of 15,000 MTA-V102 units, of which a minimum of 5,000 pieces are to be purchased the first year, and a minimum of 10,000 pieces the second year.
'This contract with FMC Telecom is one more indication of the strong and growing acceptance of Voice Over IP Telephony service,' said Steven Ivester, CEO of VoIP, Inc. 'Our momentum in the Multimedia Terminal Adapter segment is reflected in the contract signed earlier this year with ANEW Broadband, as well as in other contracts which are currently in the pipeline.'
'We have tested and deployed many different terminal adaptors, including the ATA186 made by Cisco Systems Inc (NASDAQ:CSCO) but landed on the MTA-V102 from VoIP Solutions www.voipsolutions.com because it offers a unique feature set as well as exceptional value, which made it a logical choice for our customers' needs,' said Frank Cassidy, President and Founder of FMC Telecom. 'This equipment will enable us to move quickly into the VoIP service space with customers throughout the Americas.'
FMC Telecom, currently in the midst of deploying a new range of VoIP service, is known for its comprehensive package of professional services, as well as equipment, materials and systems integration, for major turnkey telecommunic"
iBasis IBAS Otcbb Penny Stock
iBasis Launches Pingo Retail Prepaid Long Distance Service with Million Minute Free Giveaway: "iBasis Launches Pingo Retail Prepaid Long Distance Service with Million Minute Free Giveaway
BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 15, 2004--
Web-based Service Offers Rechargeable, Low-cost International Calling Service; Builds on iBasis' Growth in Retail Services
iBasis, Inc. (OTCBB: IBAS), a leading provider of international long distance service, VoIP, and prepaid calling cards, today announced the launch of Pingo(TM), a prepaid calling service offered directly to consumers through an eCommerce web interface at www.pingo.com. The Pingo launch is supported by an introductory promotion in which the Company will give away a total of one million minutes of international calling to more than 50 destinations.
Pingo customers in the United States use credit cards to purchase calling time over the iBasis network, which provides international long distance phone service to more than 100 countries. The Pingo service utilizes the same global VoIP infrastructure iBasis uses to provide high quality international long distance service to its wholesale carrier customers.
'Almost 40% of international phone calls from the U.S. are placed using prepaid calling services today,' said Ofer Gneezy, president and CEO of iBasis. 'Pingo complements the success we have achieved in the retail calling card segment of that market, by giving us a highly efficient eCommerce sales channel to reach another segment -- the rapidly growing population of foreign-born knowledge workers who have credit and use the Internet to purchase goods and services. Pingo enables us to expand into the direct consumer service business to generate additional growth without ca"
BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 15, 2004--
Web-based Service Offers Rechargeable, Low-cost International Calling Service; Builds on iBasis' Growth in Retail Services
iBasis, Inc. (OTCBB: IBAS), a leading provider of international long distance service, VoIP, and prepaid calling cards, today announced the launch of Pingo(TM), a prepaid calling service offered directly to consumers through an eCommerce web interface at www.pingo.com. The Pingo launch is supported by an introductory promotion in which the Company will give away a total of one million minutes of international calling to more than 50 destinations.
Pingo customers in the United States use credit cards to purchase calling time over the iBasis network, which provides international long distance phone service to more than 100 countries. The Pingo service utilizes the same global VoIP infrastructure iBasis uses to provide high quality international long distance service to its wholesale carrier customers.
'Almost 40% of international phone calls from the U.S. are placed using prepaid calling services today,' said Ofer Gneezy, president and CEO of iBasis. 'Pingo complements the success we have achieved in the retail calling card segment of that market, by giving us a highly efficient eCommerce sales channel to reach another segment -- the rapidly growing population of foreign-born knowledge workers who have credit and use the Internet to purchase goods and services. Pingo enables us to expand into the direct consumer service business to generate additional growth without ca"
WorldWater WWAT Otcbb Penny Stock
WorldWater Chairman Reports Vibrant Revenue Growth to Shareholders at Annual Meeting, Validating Company Strategy: "WorldWater Chairman Reports Vibrant Revenue Growth to Shareholders at Annual Meeting, Validating Company Strategy
PENNINGTON, N.J.--(BUSINESS WIRE)--Sept. 13, 2004--
Company Revenues for Current Year Up More than 400% Over Previous Full Year For Fourth Consecutive Year of Double-Digit Growth
WorldWater Corporation (OTCBB:WWAT), providing the next generation of cutting-edge patented high-volume solar powered technology with diverse commercial applications in a broad range of industries, presented shareholders at Friday's annual stockholders' meeting with a range of positive news and revenue upturns, including reports of the company's biggest sales year ever.
Orders completed or in progress this year are already in excess of $6 million, said Quentin T. Kelly, WorldWater Chairman and CEO, representing more than a 400% increase over last year's sales of $1.28 million. The Company's proprietary AquaMax(TM) solar power technology continues to demonstrate its power and flexibility in a range of large-scale, industrial applications.
'The Company is performing extraordinarily well,' said Mr. Kelly. 'Our technology and products have now been proven time and again in the field and in the marketplace, as demonstrated by our strong revenue growth during the last year. We're moving steadily into new areas and have made solid strides in sales growth and capitalization, enabling WorldWater to continue to attract top professionals in the water and energy industries.'
Mr. Kelly also announced start of construction of a $2.1 million solar-powered irrigation project at a California citrus ranch, expect"
PENNINGTON, N.J.--(BUSINESS WIRE)--Sept. 13, 2004--
Company Revenues for Current Year Up More than 400% Over Previous Full Year For Fourth Consecutive Year of Double-Digit Growth
WorldWater Corporation (OTCBB:WWAT), providing the next generation of cutting-edge patented high-volume solar powered technology with diverse commercial applications in a broad range of industries, presented shareholders at Friday's annual stockholders' meeting with a range of positive news and revenue upturns, including reports of the company's biggest sales year ever.
Orders completed or in progress this year are already in excess of $6 million, said Quentin T. Kelly, WorldWater Chairman and CEO, representing more than a 400% increase over last year's sales of $1.28 million. The Company's proprietary AquaMax(TM) solar power technology continues to demonstrate its power and flexibility in a range of large-scale, industrial applications.
'The Company is performing extraordinarily well,' said Mr. Kelly. 'Our technology and products have now been proven time and again in the field and in the marketplace, as demonstrated by our strong revenue growth during the last year. We're moving steadily into new areas and have made solid strides in sales growth and capitalization, enabling WorldWater to continue to attract top professionals in the water and energy industries.'
Mr. Kelly also announced start of construction of a $2.1 million solar-powered irrigation project at a California citrus ranch, expect"
Tuesday, September 14, 2004
FNIX Fonix Advances Speech Recognition Technology; Breakthrough Increases Accuracy, Reduces Error Rates
Fonix Advances Speech Recognition Technology; Breakthrough Increases Accuracy, Reduces Error Rates: "Fonix Advances Speech Recognition Technology; Breakthrough Increases Accuracy, Reduces Error Rates
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 14, 2004--Fonix(R) Corp. (OTCBB: FNIX), an innovative communications and technology company providing integrated telecommunications services and value-added speech technologies, announces a significant technological advance in our automatic speech recognition (ASR) that allows it to adapt or 'learn' varying pronunciations and speaker accents. Based on proprietary neural network technology, Fonix ASR improves the accuracy of Fonix speech interfaces without requiring large amounts of memory or processing power.
Test results demonstrate significant increases in recognition accuracy utilizing Fonix's new Adaptive Phonetic Optimization. Fonix will immediately begin incorporating this technology into our speech solutions to improve responses to difficult vocabularies and noisy environments. Fonix ASR-based speech solutions for mobile/wireless devices, videogame consoles, telephony products and assistive devices will become available starting Q4 2004.
'Better recognition accuracy rates will increase user acceptance of speech interfaces for devices and systems,' said Walt Nawrocki, senior VP and general manager of The Fonix Speech Group. 'This breakthrough validates our continued commitment to research and development and underscores our leadership ability in today's evolving speech market.'
For more information about Fonix speech solutions, call 801-553-6600 and say 'Sales' or visit www.fonix.com. "
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 14, 2004--Fonix(R) Corp. (OTCBB: FNIX), an innovative communications and technology company providing integrated telecommunications services and value-added speech technologies, announces a significant technological advance in our automatic speech recognition (ASR) that allows it to adapt or 'learn' varying pronunciations and speaker accents. Based on proprietary neural network technology, Fonix ASR improves the accuracy of Fonix speech interfaces without requiring large amounts of memory or processing power.
Test results demonstrate significant increases in recognition accuracy utilizing Fonix's new Adaptive Phonetic Optimization. Fonix will immediately begin incorporating this technology into our speech solutions to improve responses to difficult vocabularies and noisy environments. Fonix ASR-based speech solutions for mobile/wireless devices, videogame consoles, telephony products and assistive devices will become available starting Q4 2004.
'Better recognition accuracy rates will increase user acceptance of speech interfaces for devices and systems,' said Walt Nawrocki, senior VP and general manager of The Fonix Speech Group. 'This breakthrough validates our continued commitment to research and development and underscores our leadership ability in today's evolving speech market.'
For more information about Fonix speech solutions, call 801-553-6600 and say 'Sales' or visit www.fonix.com. "
NASA Contractor Senior Scientist Joins CytoGenix CYGX
NASA Contractor Senior Scientist Joins CytoGenix: "NASA Contractor Senior Scientist Joins CytoGenix
HOUSTON--(BUSINESS WIRE)--Sept. 14, 2004--CytoGenix Inc. (OTCBB:CYGX) announces that Kurt L. Berens has agreed to join the company as Vice President of Product Development. Formerly a Section Manager for Wyle Laboratories, Cellular and Biomedical Group at NASA-Johnson Space Center, Houston, Berens has over fifteen years of clinical research experience.
Dr. Malcolm Skolnick, CytoGenix CEO, states, 'Kurt is an excellent clinical scientist with experience in drug development and successes in the FDA drug approval process. Because of the promise of our technology, CytoGenix continues to attract outstanding professionals. Our discovery programs will continue to yield a flow of new products to complement our two lead drug candidates. From these efforts, we plan to submit several IND applications in the upcoming months.'
Prior to his work at NASA, Berens was Senior Project Manager for Clinical Development and Regulatory Affairs at Texas Biotechnology Corp. of Houston, where he was responsible for managing successful clinical trials of the company's lead drug. He has authored or co-authored twenty scientific published papers and two book chapters. He has been an Instructor of Bio-pharmaceutics and Pharmacokinetics at University of Houston, College of Pharmacy and an Instructor of Pharmacotherapeutics in Space Medicine at the University of Texas Medical Branch Galveston.
CytoGenix Inc. is a biopharmaceutical company and an industry leader in gene silencing technology. The company develops and markets innovative products and services based on its proprietary DNA expression technology. CytoGenix has products in pre-clinical development including an anti-bacterial and"
HOUSTON--(BUSINESS WIRE)--Sept. 14, 2004--CytoGenix Inc. (OTCBB:CYGX) announces that Kurt L. Berens has agreed to join the company as Vice President of Product Development. Formerly a Section Manager for Wyle Laboratories, Cellular and Biomedical Group at NASA-Johnson Space Center, Houston, Berens has over fifteen years of clinical research experience.
Dr. Malcolm Skolnick, CytoGenix CEO, states, 'Kurt is an excellent clinical scientist with experience in drug development and successes in the FDA drug approval process. Because of the promise of our technology, CytoGenix continues to attract outstanding professionals. Our discovery programs will continue to yield a flow of new products to complement our two lead drug candidates. From these efforts, we plan to submit several IND applications in the upcoming months.'
Prior to his work at NASA, Berens was Senior Project Manager for Clinical Development and Regulatory Affairs at Texas Biotechnology Corp. of Houston, where he was responsible for managing successful clinical trials of the company's lead drug. He has authored or co-authored twenty scientific published papers and two book chapters. He has been an Instructor of Bio-pharmaceutics and Pharmacokinetics at University of Houston, College of Pharmacy and an Instructor of Pharmacotherapeutics in Space Medicine at the University of Texas Medical Branch Galveston.
CytoGenix Inc. is a biopharmaceutical company and an industry leader in gene silencing technology. The company develops and markets innovative products and services based on its proprietary DNA expression technology. CytoGenix has products in pre-clinical development including an anti-bacterial and"
NewMarket Technology Inc. Increases 2004 Booked Revenue Forecast by 20%
NewMarket Technology Inc. Increases 2004 Booked Revenue Forecast by 20%: "NewMarket Technology Inc. Increases 2004 Booked Revenue Forecast by 20%
DALLAS--(BUSINESS WIRE)--Sept. 14, 2004--
Forecast Increased from $20 Million to $24 Million and Profitable Annualized Revenue Run Rate to over $50 Million by Year End
NewMarket Technology, Inc. (OTCBB:NMKT) today announced increasing their 2004 booked revenue forecast from $20 million to $24 million. The Company forecasts a profitable annualized revenue run rate of over $50 million by year end. In Year 2003, the Company reported booked revenues of $2.3 million. Reported revenue for the first six months of 2004 exceeded $10 million with a marginal second quarter loss of $75,000. More than 40% of the growth from the First to Second Quarter was generated from organic sales, while the balance of the growth resulted from acquisition. In the current Third Quarter, the Company has announced over $5 million in new contracts with most of the revenue to be booked in 2004. The overall NewMarket sales pipeline now exceeds $25 million and management anticipates the majority of growth over the next six months to result from organic sales.
'The NewMarket Technology business model has established sales traction and is building momentum,' said Philip Verges, CEO of NewMarket. 'We have a growing base of systems integration business selling and implementing brand name solutions from Sun Microsystems, Cisco Systems and Microsoft to name only a few. With these brand name products we package our own proprietary emerging technologies. Each of NewMarket's proprietary technologies resides within an independent subsidiary or affiliate company. Each sale we make of a proprietary technology enhances t"
DALLAS--(BUSINESS WIRE)--Sept. 14, 2004--
Forecast Increased from $20 Million to $24 Million and Profitable Annualized Revenue Run Rate to over $50 Million by Year End
NewMarket Technology, Inc. (OTCBB:NMKT) today announced increasing their 2004 booked revenue forecast from $20 million to $24 million. The Company forecasts a profitable annualized revenue run rate of over $50 million by year end. In Year 2003, the Company reported booked revenues of $2.3 million. Reported revenue for the first six months of 2004 exceeded $10 million with a marginal second quarter loss of $75,000. More than 40% of the growth from the First to Second Quarter was generated from organic sales, while the balance of the growth resulted from acquisition. In the current Third Quarter, the Company has announced over $5 million in new contracts with most of the revenue to be booked in 2004. The overall NewMarket sales pipeline now exceeds $25 million and management anticipates the majority of growth over the next six months to result from organic sales.
'The NewMarket Technology business model has established sales traction and is building momentum,' said Philip Verges, CEO of NewMarket. 'We have a growing base of systems integration business selling and implementing brand name solutions from Sun Microsystems, Cisco Systems and Microsoft to name only a few. With these brand name products we package our own proprietary emerging technologies. Each of NewMarket's proprietary technologies resides within an independent subsidiary or affiliate company. Each sale we make of a proprietary technology enhances t"
GTEL Signs Agreement With Equitable Cards Network; Expands Its Remittance Program in Philippines
GTEL Signs Agreement With Equitable Cards Network; Expands Its Remittance Program in Philippines: "GTEL Signs Agreement With Equitable Cards Network; Expands Its Remittance Program in Philippines
MIAMI--(BUSINESS WIRE)--Sept. 14, 2004--GlobeTel Communications Corp. (OTCBB:GTEL) today announced that it has signed a Letter of Understanding with Equitable Cards Network (ECN), the largest Visa credit and debit card issuer in the Philippines with over 2.5 million Visa credit and debit cards combined. ECN is a subsidiary of Equitable PCIB, the third largest bank in the Philippines.
Under the agreement, GTEL will interface with ECN's systems to seamlessly issue prepaid cards to remittance recipients in the Philippines and issue prepaid Visa Electron debit cards to its cardholders. The card, the ECN E-card XP, will allow free withdrawals from 400 Equitable ATMs, and access to 5,000 Megalink and BancNet ATMs in the Philippines.
Anton Romulo, Managing Director for GTEL-SEA stated, 'We are pleased to commence our relationship with ECN. Aside from the no-hassle convenience and added security the ECN E-card XP offers, ECN also offers the MTV E-Card XP. The MTV E-card XP comes bundled with exciting client discounts in select merchant locations in the Philippines and makes the ideal gift.'
Ms. Teresita Tanbonliong, First Vice President for Marketing for ECN, stated, 'We are pleased to offer our XP prepaid cards to GTEL clients worldwide, and wish GTEL every success in their card-to-card remittance service.'
Mr. Timothy Huff, CEO of Globetel, expressed 'that the marketing roll out of the GTEL stored value program, focusing on remittances is now gathering momentum and 2005 will show GTEL operating these programs across four continents and "
MIAMI--(BUSINESS WIRE)--Sept. 14, 2004--GlobeTel Communications Corp. (OTCBB:GTEL) today announced that it has signed a Letter of Understanding with Equitable Cards Network (ECN), the largest Visa credit and debit card issuer in the Philippines with over 2.5 million Visa credit and debit cards combined. ECN is a subsidiary of Equitable PCIB, the third largest bank in the Philippines.
Under the agreement, GTEL will interface with ECN's systems to seamlessly issue prepaid cards to remittance recipients in the Philippines and issue prepaid Visa Electron debit cards to its cardholders. The card, the ECN E-card XP, will allow free withdrawals from 400 Equitable ATMs, and access to 5,000 Megalink and BancNet ATMs in the Philippines.
Anton Romulo, Managing Director for GTEL-SEA stated, 'We are pleased to commence our relationship with ECN. Aside from the no-hassle convenience and added security the ECN E-card XP offers, ECN also offers the MTV E-Card XP. The MTV E-card XP comes bundled with exciting client discounts in select merchant locations in the Philippines and makes the ideal gift.'
Ms. Teresita Tanbonliong, First Vice President for Marketing for ECN, stated, 'We are pleased to offer our XP prepaid cards to GTEL clients worldwide, and wish GTEL every success in their card-to-card remittance service.'
Mr. Timothy Huff, CEO of Globetel, expressed 'that the marketing roll out of the GTEL stored value program, focusing on remittances is now gathering momentum and 2005 will show GTEL operating these programs across four continents and "
Monday, September 13, 2004
World Am, Inc. Provides Status Update
World Am, Inc. Provides Status Update: "World Am, Inc. Provides Status Update
WESTMINSTER, Colo.--(BUSINESS WIRE)--Sept. 13, 2004--World Am, Inc. (OTCBB:WLDI) www.world-am.com, whose wholly owned subsidiary, Isotec, Inc., www.isotecinc.com conceives, develops and markets state-of-the-art security systems, reports on an update of the status of certain operating issues.
James Alexander, CEO stated, 'We have a few developments to report. As of September 9, 2004, we have 8 financial institution weapons control systems in production and 6 more in the proposal stage. Our dealers have indicated that they anticipate about 50 to 80 additional systems to be quoted and installed in the coming 12 - 15 months. These proposals represent the greatest level of potential activity we have experienced in the company's history.'
Mr. Alexander continued to say, 'We also have two retro-fit projects with government agencies that represent orders that have been approved, pending budgets being approved for the projects. We believe they are likely to be realized during 2005.'
Mr. Alexander explained, 'I am planning to attend a security exhibition in Beijing, China in November of this year. World Am and Comfort Virtue have revised their agreement from a joint venture to a manufacturing and distribution agreement that grants Comfort Virtue a license to manufacture certain Isotec products for distribution and sale in China and for export through World Am to other countries including the United States. We have experienced a learning process involved on both sides. We believe this new working arrangement will bear fruit during the coming year.'
Mr. Alexander also stated, 'World Am recently reached an agreement with Armor USA that appoints Isotec as a di"
WESTMINSTER, Colo.--(BUSINESS WIRE)--Sept. 13, 2004--World Am, Inc. (OTCBB:WLDI) www.world-am.com, whose wholly owned subsidiary, Isotec, Inc., www.isotecinc.com conceives, develops and markets state-of-the-art security systems, reports on an update of the status of certain operating issues.
James Alexander, CEO stated, 'We have a few developments to report. As of September 9, 2004, we have 8 financial institution weapons control systems in production and 6 more in the proposal stage. Our dealers have indicated that they anticipate about 50 to 80 additional systems to be quoted and installed in the coming 12 - 15 months. These proposals represent the greatest level of potential activity we have experienced in the company's history.'
Mr. Alexander continued to say, 'We also have two retro-fit projects with government agencies that represent orders that have been approved, pending budgets being approved for the projects. We believe they are likely to be realized during 2005.'
Mr. Alexander explained, 'I am planning to attend a security exhibition in Beijing, China in November of this year. World Am and Comfort Virtue have revised their agreement from a joint venture to a manufacturing and distribution agreement that grants Comfort Virtue a license to manufacture certain Isotec products for distribution and sale in China and for export through World Am to other countries including the United States. We have experienced a learning process involved on both sides. We believe this new working arrangement will bear fruit during the coming year.'
Mr. Alexander also stated, 'World Am recently reached an agreement with Armor USA that appoints Isotec as a di"
Niveus Media and One Voice Partner to Offer a Premier, Fanless, Communications Enabled Windows XP Media Center PC
Niveus Media and One Voice Partner to Offer a Premier, Fanless, Communications Enabled Windows XP Media Center PC: "Niveus Media and One Voice Partner to Offer a Premier, Fanless, Communications Enabled Windows XP Media Center PC
SAN DIEGO & SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 13, 2004--One Voice Technologies, Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets and Niveus Media, an OEM manufacturer specializing in media entertainment devices for the consumer electronics market, today announced that Niveus Media will bundle One Voice's Media Center Communicator on their AVX Media Center PCs and will be available shortly on the Niveus website, at http://www.niveusmedia.com. Additionally, One Voice will begin offering the Niveus AVX Media Center PC on their website as their premier Ovation 1800 series Media Center PC, visit http://www.onev.com/mcc for additional product information.
Niveus AVX Advantage
Silence is Golden - No Fans!
While other media centers clutter up your life with noise pollution,
the Niveus AVX has no fans, and is virtually silent.
Family Room Friendly Design
Size - Boasting a true audio/video form factor, the Niveus AVX
measures just over 17 inches wide, and just under 4 inches tall,
resulting in a truly stackable component.
Style - The radical departure from the traditional PC form factor
allows the Niveus AVX to fit in even the most stylish living room
environments. Available in black, users are able to blend the Niveus
AVX into any existing home theater design scheme.
High Performance, Home Theater Computing
Featuring Intel's P4 w/ Hyper T"
SAN DIEGO & SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 13, 2004--One Voice Technologies, Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets and Niveus Media, an OEM manufacturer specializing in media entertainment devices for the consumer electronics market, today announced that Niveus Media will bundle One Voice's Media Center Communicator on their AVX Media Center PCs and will be available shortly on the Niveus website, at http://www.niveusmedia.com. Additionally, One Voice will begin offering the Niveus AVX Media Center PC on their website as their premier Ovation 1800 series Media Center PC, visit http://www.onev.com/mcc for additional product information.
Niveus AVX Advantage
Silence is Golden - No Fans!
While other media centers clutter up your life with noise pollution,
the Niveus AVX has no fans, and is virtually silent.
Family Room Friendly Design
Size - Boasting a true audio/video form factor, the Niveus AVX
measures just over 17 inches wide, and just under 4 inches tall,
resulting in a truly stackable component.
Style - The radical departure from the traditional PC form factor
allows the Niveus AVX to fit in even the most stylish living room
environments. Available in black, users are able to blend the Niveus
AVX into any existing home theater design scheme.
High Performance, Home Theater Computing
Featuring Intel's P4 w/ Hyper T"
eLEC Communications Reports 59% Local Line Growth
eLEC Communications Reports 59% Local Line Growth: "eLEC Communications Reports 59% Local Line Growth
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Sept. 13, 2004--eLEC Communications Corp. (OTCBB:ELEC) today announced that it experienced an increase of 59% in local access lines at the end of the third fiscal quarter ended August 31, 2004 over the number of lines at the end of the second quarter. This increase resulted in total billings to customers for the month of August 2004 of approximately $990,000, as compared to total billings for the month of May 2004 of approximately $587,000, or an increase in monthly billings of $403,000, or 69%. Although billings to customers deviates somewhat from revenues because certain telephone services are billed in advance, the growth in the number of lines and the growth in the total billings are indicative of the revenue growth that is expected. Revenue numbers will be available when the quarterly results are announced.
eLEC CEO Paul Riss stated, 'We are pleased that we have reached the billing level of almost $1 million a month. With AT&T (NYSE:T) and MCI (NASDAQ:MCIP) announcing cutbacks in the marketing of their residential phone service, we find customers very receptive to our telephone service offerings. In addition to our growth in revenues, we have been able to maintain strong gross profit margins because we continue to focus our marketing efforts on geographical areas in which our costs of services are less than they are in other areas. Our size and flexibility gives us an advantage over the larger competitive carriers with regard to maintaining overall gross margins.'
eLEC Communications Corp. is a Competitive Local Exchange Carrier that offers local and long distance calling plans to small bu"
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Sept. 13, 2004--eLEC Communications Corp. (OTCBB:ELEC) today announced that it experienced an increase of 59% in local access lines at the end of the third fiscal quarter ended August 31, 2004 over the number of lines at the end of the second quarter. This increase resulted in total billings to customers for the month of August 2004 of approximately $990,000, as compared to total billings for the month of May 2004 of approximately $587,000, or an increase in monthly billings of $403,000, or 69%. Although billings to customers deviates somewhat from revenues because certain telephone services are billed in advance, the growth in the number of lines and the growth in the total billings are indicative of the revenue growth that is expected. Revenue numbers will be available when the quarterly results are announced.
eLEC CEO Paul Riss stated, 'We are pleased that we have reached the billing level of almost $1 million a month. With AT&T (NYSE:T) and MCI (NASDAQ:MCIP) announcing cutbacks in the marketing of their residential phone service, we find customers very receptive to our telephone service offerings. In addition to our growth in revenues, we have been able to maintain strong gross profit margins because we continue to focus our marketing efforts on geographical areas in which our costs of services are less than they are in other areas. Our size and flexibility gives us an advantage over the larger competitive carriers with regard to maintaining overall gross margins.'
eLEC Communications Corp. is a Competitive Local Exchange Carrier that offers local and long distance calling plans to small bu"
Quintek Technologies, Inc. To Present At the Roth Capital Partners New York Conference
Quintek Technologies, Inc. To Present At the Roth Capital Partners New York Conference: "Quintek Technologies, Inc. To Present At the Roth Capital Partners New York Conference
Roth Capital Partners New York Conference
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Sept. 13, 2004--Quintek Technologies, Inc. (OTCBB:QTEK) will be presenting on September 15th, 2004, 12:00 PM at the Roth Capital Partners New York Conference. The conference is being held at the St. Regis Hotel.
Robert Steele, CEO of Quintek, commented, 'The Roth Capital Partners conference is known as the premier event for small and micro cap companies looking to increase exposure within the investment community. We are looking forward to this opportunity to showcase Quintek and its vision for the future.'
'The Roth Conference should create a new audience for Quintek. We're very proud of the achievements we've made over the last several quarters and are anxious to present our story to institutions that are focused on micro cap companies,' stated Andrew Haag, CFO of Quintek Technologies.
About Quintek
Quintek Technologies, Inc. has been a manufacturer of hardware and software and a service provider to the corporate and public sector markets since 1991. The Company's new division, Quintek Services Inc. (QSI) delivers Business Process Outsourcing (BPO) services and Information Lifecycle Management (ILM) solutions to document intensive industries such as public utilities, healthcare, insurance, financial, legal, telecommunications and manufacturing.
The solutions and services the Company provides enable organizations to secure and manage their information and document business processes more efficiently. The Aberdeen Group, a provider of"
Roth Capital Partners New York Conference
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Sept. 13, 2004--Quintek Technologies, Inc. (OTCBB:QTEK) will be presenting on September 15th, 2004, 12:00 PM at the Roth Capital Partners New York Conference. The conference is being held at the St. Regis Hotel.
Robert Steele, CEO of Quintek, commented, 'The Roth Capital Partners conference is known as the premier event for small and micro cap companies looking to increase exposure within the investment community. We are looking forward to this opportunity to showcase Quintek and its vision for the future.'
'The Roth Conference should create a new audience for Quintek. We're very proud of the achievements we've made over the last several quarters and are anxious to present our story to institutions that are focused on micro cap companies,' stated Andrew Haag, CFO of Quintek Technologies.
About Quintek
Quintek Technologies, Inc. has been a manufacturer of hardware and software and a service provider to the corporate and public sector markets since 1991. The Company's new division, Quintek Services Inc. (QSI) delivers Business Process Outsourcing (BPO) services and Information Lifecycle Management (ILM) solutions to document intensive industries such as public utilities, healthcare, insurance, financial, legal, telecommunications and manufacturing.
The solutions and services the Company provides enable organizations to secure and manage their information and document business processes more efficiently. The Aberdeen Group, a provider of"
XO Communications Turns to TNS for Deployment and Management of In-penny stock
XO Communications Turns to TNS for Deployment and Management of In-penny stock: "XO Communications Turns to TNS for Deployment and Management of In-House Signaling Network
RESTON, Va.--(BUSINESS WIRE)--Sept. 13, 2004--
Working with Leading SS7 Hub Provider, XO Achieves Greater Network Control While Reducing Signaling System Costs
Transaction Network Services, Inc. (TNS), a subsidiary of TNS, Inc. (NYSE:TNS), today announced that XO Communications, Inc. (OTCBB:XOCM.OB) has signed an agreement with TNS' Telecommunication Services Division.
XO Communications has worked closely with TNS to design, implement, and manage an internal Signaling System 7 (SS7) network. Under the agreement, TNS will manage the migration of XO's SS7 signaling and intelligent network traffic onto the XO internal network and will provide SS7 hubbing for certain ISUP and TCAP services. Additionally, TNS will pro-actively manage the XO SS7 signaling network - 24x7x365 - from its Network Operations Center (NOC) in Reston, Virginia.
'Recognizing the value of having our own SS7 network, we needed a partner with the manpower, expertise, and processes necessary to quickly build such a network,' said Steve Nocella, vice president of Network Operations at XO Communications. 'After evaluating a number of options, we found that TNS offered the necessary technical expertise and customized approach to service delivery. Working closely with TNS, we have achieved greater network control. We are now able to more closely monitor our SS7 business and have significantly reduced our signaling system costs by nearly one third.'
TNS' SS7 network provides the technology, diversity and capacity necessary to manage the traffic r"
RESTON, Va.--(BUSINESS WIRE)--Sept. 13, 2004--
Working with Leading SS7 Hub Provider, XO Achieves Greater Network Control While Reducing Signaling System Costs
Transaction Network Services, Inc. (TNS), a subsidiary of TNS, Inc. (NYSE:TNS), today announced that XO Communications, Inc. (OTCBB:XOCM.OB) has signed an agreement with TNS' Telecommunication Services Division.
XO Communications has worked closely with TNS to design, implement, and manage an internal Signaling System 7 (SS7) network. Under the agreement, TNS will manage the migration of XO's SS7 signaling and intelligent network traffic onto the XO internal network and will provide SS7 hubbing for certain ISUP and TCAP services. Additionally, TNS will pro-actively manage the XO SS7 signaling network - 24x7x365 - from its Network Operations Center (NOC) in Reston, Virginia.
'Recognizing the value of having our own SS7 network, we needed a partner with the manpower, expertise, and processes necessary to quickly build such a network,' said Steve Nocella, vice president of Network Operations at XO Communications. 'After evaluating a number of options, we found that TNS offered the necessary technical expertise and customized approach to service delivery. Working closely with TNS, we have achieved greater network control. We are now able to more closely monitor our SS7 business and have significantly reduced our signaling system costs by nearly one third.'
TNS' SS7 network provides the technology, diversity and capacity necessary to manage the traffic r"
Friday, September 10, 2004
DKEY SFNT Penny Stocks on the Otcbb
DKEY SFNT Penny Stocks on the Otcbb: "
BALTIMORE--(BUSINESS WIRE)--Sept. 9, 2004--SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced that it has signed a definitive agreement to tender an offer to acquire Datakey, Inc. (OTCBB:DKEY.OB). Under the terms of the Agreement, SafeNet will acquire Datakey for $0.65 per share of common stock and $2.50 per share of convertible preferred stock in cash, for a transaction value of approximately $8 million. Additionally, SafeNet has loaned approximately $2.2 million to Datakey to pay off convertible promissory notes of Datakey. The deal will be slightly accretive the first quarter after closing.
According to Anthony Caputo, Chairman, and CEO of SafeNet, 'We have been working with Datakey for almost a decade, and we want to leverage their existing technology and R&D capability to continue to broaden our user access and authentication business line. Both companies have been successful in securing government and financial sector customers worldwide, which we consider to be very strong markets for us going forward.'
Mr. Caputo added, 'SafeNet's acquisition strategy is customer driven, so we seek companies that can assist us in delivering to customer needs quickly. Solutions that secure and simplify user access and authentication are high among those needs. Today, SafeNet's identity management portfolio consists of two market leaders - our iKey and Luna lines. Datakey adds user access and authentication solutions including both software and smart card capabilities. We are committed to build on our 30% market share - nearly double our competitors - in the $62 million USB har"
BALTIMORE--(BUSINESS WIRE)--Sept. 9, 2004--SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced that it has signed a definitive agreement to tender an offer to acquire Datakey, Inc. (OTCBB:DKEY.OB). Under the terms of the Agreement, SafeNet will acquire Datakey for $0.65 per share of common stock and $2.50 per share of convertible preferred stock in cash, for a transaction value of approximately $8 million. Additionally, SafeNet has loaned approximately $2.2 million to Datakey to pay off convertible promissory notes of Datakey. The deal will be slightly accretive the first quarter after closing.
According to Anthony Caputo, Chairman, and CEO of SafeNet, 'We have been working with Datakey for almost a decade, and we want to leverage their existing technology and R&D capability to continue to broaden our user access and authentication business line. Both companies have been successful in securing government and financial sector customers worldwide, which we consider to be very strong markets for us going forward.'
Mr. Caputo added, 'SafeNet's acquisition strategy is customer driven, so we seek companies that can assist us in delivering to customer needs quickly. Solutions that secure and simplify user access and authentication are high among those needs. Today, SafeNet's identity management portfolio consists of two market leaders - our iKey and Luna lines. Datakey adds user access and authentication solutions including both software and smart card capabilities. We are committed to build on our 30% market share - nearly double our competitors - in the $62 million USB har"
Thursday, September 09, 2004
GTEL GlobeTel Communications Corp Investor Stock Message Board
GTEL Signs Stored Value Card Agreement With Leading Indian Company for $9 Billion Remittance Market: "GTEL Signs Stored Value Card Agreement With Leading Indian Company for $9 Billion Remittance Market
MIAMI--(BUSINESS WIRE)--Sept. 9, 2004--GTEL (OTCBB:GTEL) and Timesofmoney.com announced today the signing of an MOU in which www.timesofmoney.com would provide direct deposit facilities to 54 banks and issue prepaid cards in India for GTEL cardholders.
The Indian remittance market is the one of the largest in the world, slightly behind Mexico and amounts to approximately $9 billion per year.
Anton Romulo, Managing Director for GTEL-SEA: 'Times of Money is THE premier financial web portal for Non-resident Indians (NRIs) around the world, and we in GTEL are extremely delighted to be partners of this prestigious group. By combining GTEL's marketing programs and loading points in the USA together with our IVR and Web messaging systems, with Times of Money's 54 banking relationships and prepaid card channels in India, I believe that our product now provides one of the most compelling and pervasive remittance service for the NRI market today.'
Suresh Rangarajan, Chief Operating Officer of TimesofMoney.com, said, 'TimesofMoney.com has evolved into a provider of cutting edge online remittance solutions and the preferred partner for the Banking Industry across the Asia Pacific Region. We are excited about our alliance with GTEL and are convinced about the synergies this relationship brings to the table and are confident that with GTEL's unique prepaid card, the service is poised for growth.'
Mr. Leigh Coleman, President of GTEL, stated: 'That the focus on GTEL was to develop strong relationships in our international markets and to part"
MIAMI--(BUSINESS WIRE)--Sept. 9, 2004--GTEL (OTCBB:GTEL) and Timesofmoney.com announced today the signing of an MOU in which www.timesofmoney.com would provide direct deposit facilities to 54 banks and issue prepaid cards in India for GTEL cardholders.
The Indian remittance market is the one of the largest in the world, slightly behind Mexico and amounts to approximately $9 billion per year.
Anton Romulo, Managing Director for GTEL-SEA: 'Times of Money is THE premier financial web portal for Non-resident Indians (NRIs) around the world, and we in GTEL are extremely delighted to be partners of this prestigious group. By combining GTEL's marketing programs and loading points in the USA together with our IVR and Web messaging systems, with Times of Money's 54 banking relationships and prepaid card channels in India, I believe that our product now provides one of the most compelling and pervasive remittance service for the NRI market today.'
Suresh Rangarajan, Chief Operating Officer of TimesofMoney.com, said, 'TimesofMoney.com has evolved into a provider of cutting edge online remittance solutions and the preferred partner for the Banking Industry across the Asia Pacific Region. We are excited about our alliance with GTEL and are convinced about the synergies this relationship brings to the table and are confident that with GTEL's unique prepaid card, the service is poised for growth.'
Mr. Leigh Coleman, President of GTEL, stated: 'That the focus on GTEL was to develop strong relationships in our international markets and to part"
Penny Stocks on www.pennymarkets.com
GTEL profile on www.pennymarkets.com
VoIP, Inc. to Acquire VoIP Americas VOII
VoIP, Inc. to Acquire VoIP Americas: "VoIP, Inc. VOII to Acquire VoIP Americas
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 9, 2004--VoIP, Inc. (OTCBB:VOII) today announced that it has executed a Binding Letter of Intent to acquire VoIP Americas, a privately held company based in Miami, Florida.
Under the proposed Purchase Agreement, VoIP, Inc. will acquire 100% of the stock of VoIP Americas and Vox Consulting Group, Inc, in exchange for the issuance of 1 million common shares of VoIP, Inc.
VoIP Americas was founded in 2002 to take advantage of the nascent VoIP market and leverage the skill sets of its founders - Carlos Rivas and Albert Rodriguez. Having overcome the significant hurdles inherent with launching a Next Generation Carrier, VoIP Americas rolled out a suite of products designed to significantly lower the barrier of entry to organizations entering the market. In the last twelve months, VoIP Americas has demonstrated average monthly growth of 20%. Today, VoIP Americas has customers in every continent excluding Antarctica and is terminating over 10,000,000 minutes of VoIP traffic on a monthly basis.
'We are very excited about becoming a part of VoIP, Inc.; VoIP Americas will enjoy access to a top-notch management team and ample resources to expand continuing operations. Additionally, VoIP Americas will be able to exploit a wide niche in the enterprise marketplace. The new service, will be marketed under the brand names Corporate-VoIP and VoIP-Trunking will provide direct Voice over IP Interconnection to enterprise customer with existing IP PBX's,' stated Albert Rodriguez.
'The acquisition of VoIP Americas will provide proven leadership in the IP Telephony space,' stated Steven Ivester, CEO and President of VoIP"
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 9, 2004--VoIP, Inc. (OTCBB:VOII) today announced that it has executed a Binding Letter of Intent to acquire VoIP Americas, a privately held company based in Miami, Florida.
Under the proposed Purchase Agreement, VoIP, Inc. will acquire 100% of the stock of VoIP Americas and Vox Consulting Group, Inc, in exchange for the issuance of 1 million common shares of VoIP, Inc.
VoIP Americas was founded in 2002 to take advantage of the nascent VoIP market and leverage the skill sets of its founders - Carlos Rivas and Albert Rodriguez. Having overcome the significant hurdles inherent with launching a Next Generation Carrier, VoIP Americas rolled out a suite of products designed to significantly lower the barrier of entry to organizations entering the market. In the last twelve months, VoIP Americas has demonstrated average monthly growth of 20%. Today, VoIP Americas has customers in every continent excluding Antarctica and is terminating over 10,000,000 minutes of VoIP traffic on a monthly basis.
'We are very excited about becoming a part of VoIP, Inc.; VoIP Americas will enjoy access to a top-notch management team and ample resources to expand continuing operations. Additionally, VoIP Americas will be able to exploit a wide niche in the enterprise marketplace. The new service, will be marketed under the brand names Corporate-VoIP and VoIP-Trunking will provide direct Voice over IP Interconnection to enterprise customer with existing IP PBX's,' stated Albert Rodriguez.
'The acquisition of VoIP Americas will provide proven leadership in the IP Telephony space,' stated Steven Ivester, CEO and President of VoIP"
Penny Stocks on the Otcbb CMNN
Penny Stocks on the Otcbb CMNN: "Communicate.com Inc.: Perfume.com Continues to Grow; Adds Hair Care & Skin Care Products
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 9, 2004--Communicate.com Inc. (OTCBB:CMNN) is pleased to announce that its Perfume.com e-fragrance superstore has expanded its catalog to offer an extensive selection of leading brand name hair care and skin care products.
Launched in June 2003, Perfume.com has grown into a leading online destination for discounted brand name women's and men's fragrances. With the addition of hair care and skin care products, Perfume.com is a more complete health & beauty store, offering customers a better selection of their favorite brand name beauty essentials at far below retail prices.
Perfume.com's revenues have grown steadily through 2004. In the most recent month, August 2004, sales increased 143 percent compared to sales in August 2003.
According to a Shop.org/Forrester Research study, consumers in the U.S. are increasingly turning to the web to shop for health & beauty items.
About Perfume.com
Perfume.com is a leading online fragrance superstore, providing 6,000 brand name fragrances, hair care and skin care products directly to consumers at warehouse prices. Shipping is free on orders over $60.00. For more information, please visit www.Perfume.com, or call customer service toll free, 1-800-645-9251.
About Communicate.com
Communicate.com is an emerging growth internet company that owns, develops and operates more than 25 intuitively branded top-level eCommerce websites, including Perfume.com, Karate.com and Importers.com. Communicate.com's brand categories include health & beau"
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 9, 2004--Communicate.com Inc. (OTCBB:CMNN) is pleased to announce that its Perfume.com e-fragrance superstore has expanded its catalog to offer an extensive selection of leading brand name hair care and skin care products.
Launched in June 2003, Perfume.com has grown into a leading online destination for discounted brand name women's and men's fragrances. With the addition of hair care and skin care products, Perfume.com is a more complete health & beauty store, offering customers a better selection of their favorite brand name beauty essentials at far below retail prices.
Perfume.com's revenues have grown steadily through 2004. In the most recent month, August 2004, sales increased 143 percent compared to sales in August 2003.
According to a Shop.org/Forrester Research study, consumers in the U.S. are increasingly turning to the web to shop for health & beauty items.
About Perfume.com
Perfume.com is a leading online fragrance superstore, providing 6,000 brand name fragrances, hair care and skin care products directly to consumers at warehouse prices. Shipping is free on orders over $60.00. For more information, please visit www.Perfume.com, or call customer service toll free, 1-800-645-9251.
About Communicate.com
Communicate.com is an emerging growth internet company that owns, develops and operates more than 25 intuitively branded top-level eCommerce websites, including Perfume.com, Karate.com and Importers.com. Communicate.com's brand categories include health & beau"
Penny Stocks on the Otcbb MTEK
Penny Stocks on the Otcbb MTEK: "Metretek Technologies to Speak at Roth Capital Partners New York Conference
Roth Capital Partners New York Conference
DENVER--(BUSINESS WIRE)--Sept. 9, 2004--Metretek Technologies, Inc. (OTCBB:MTEK) will appear at the Roth Capital Partners New York Conference being held September 13-15, 2004 at the St. Regis in New York City.
W. Phillip Marcum, chairman and chief executive officer of Metretek Technologies, will discuss the Company's current operations and business initiatives. He will be joined by Sidney Hinton, president and CEO of the Company's PowerSecure subsidiary.
Metretek's presentation is scheduled to begin at 5:00 p.m. EDT on Monday, September 13.
Metretek Technologies, Inc. through its subsidiaries -- Southern Flow Companies, Inc.; PowerSecure, Inc.; and Metretek, Incorporated (Metretek Florida) -- is a diversified provider of energy measurement products, services and data management systems to industrial and commercial users and suppliers of natural gas and electricity.
About the Roth Capital Partners New York Conference
This annual event is the largest in the nation for emerging growth companies. It provides a concentrated forum where Institutional Investors can meet the executives of growth companies hand picked by Roth Capital's research team. The conference will highlight approximately 225 companies from industry groups including Health Care/Life Sciences; Consumer Products; Defense & Industrial Technologies; Digital Media, IT & Entertainment; Broadband & Fiber Optics; Gaming; and Business and Banking/Financial Services.
This year, as a result of numerous client requests, Roth has extended t"
Roth Capital Partners New York Conference
DENVER--(BUSINESS WIRE)--Sept. 9, 2004--Metretek Technologies, Inc. (OTCBB:MTEK) will appear at the Roth Capital Partners New York Conference being held September 13-15, 2004 at the St. Regis in New York City.
W. Phillip Marcum, chairman and chief executive officer of Metretek Technologies, will discuss the Company's current operations and business initiatives. He will be joined by Sidney Hinton, president and CEO of the Company's PowerSecure subsidiary.
Metretek's presentation is scheduled to begin at 5:00 p.m. EDT on Monday, September 13.
Metretek Technologies, Inc. through its subsidiaries -- Southern Flow Companies, Inc.; PowerSecure, Inc.; and Metretek, Incorporated (Metretek Florida) -- is a diversified provider of energy measurement products, services and data management systems to industrial and commercial users and suppliers of natural gas and electricity.
About the Roth Capital Partners New York Conference
This annual event is the largest in the nation for emerging growth companies. It provides a concentrated forum where Institutional Investors can meet the executives of growth companies hand picked by Roth Capital's research team. The conference will highlight approximately 225 companies from industry groups including Health Care/Life Sciences; Consumer Products; Defense & Industrial Technologies; Digital Media, IT & Entertainment; Broadband & Fiber Optics; Gaming; and Business and Banking/Financial Services.
This year, as a result of numerous client requests, Roth has extended t"
Penny Stocks on the Otcbb UCAD CMKX
Penny Stocks on the Otcbb UCAD CMKX: "U.S. Canadian Minerals Inc. Exercises Additional Purchase of CMKM Diamonds Inc.'s Mineral Claims for $2,500,000 USD
LAS VEGAS--(BUSINESS WIRE)--Sept. 9, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised a portion of its option with CMKM Diamonds Inc. (Pink Sheets: CMKX) to purchase an additional 1.66% interest in all of CMKX's mineral claims for $2,500,000 USD. Under the agreement reached in July, UCAD has a one-year option agreement to purchase up to an aggregate total of 10% interest in all of the mineral claims held by CMKX for a total of $15 million USD payable to CMKM Diamonds Inc. With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 9.16% of all of CMKX's mineral claims. Should UCAD exercise its remaining portion of its option, the company will hold 15% of all of the CMKX mineral claims.
Rendal Williams, CEO of UCAD, stated, 'The company expects to exercise additional percentages under the option as we move forward, increasing our holdings and asset base with the acquisition of potentially high revenue properties.'
Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/. "
LAS VEGAS--(BUSINESS WIRE)--Sept. 9, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised a portion of its option with CMKM Diamonds Inc. (Pink Sheets: CMKX) to purchase an additional 1.66% interest in all of CMKX's mineral claims for $2,500,000 USD. Under the agreement reached in July, UCAD has a one-year option agreement to purchase up to an aggregate total of 10% interest in all of the mineral claims held by CMKX for a total of $15 million USD payable to CMKM Diamonds Inc. With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 9.16% of all of CMKX's mineral claims. Should UCAD exercise its remaining portion of its option, the company will hold 15% of all of the CMKX mineral claims.
Rendal Williams, CEO of UCAD, stated, 'The company expects to exercise additional percentages under the option as we move forward, increasing our holdings and asset base with the acquisition of potentially high revenue properties.'
Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/. "
Penny Stocks on the Otcbb IEVM
Penny Stocks on the Otcbb IEVM: "Integrated Environmental Technologies' Engineering Department Has Completed the Design Work for an EcaFlo Device
LITTLE RIVER, S.C.--(BUSINESS WIRE)--Sept. 9, 2004--Integrated Environmental Technologies, Ltd. (IET) (OTCBB: IEVM) of Little River, South Carolina announced I.E.T.'s engineering department has completed the design work for an EcaFlo device to be used in testing for storm water applications. Assembly of the prototype will be finished within two weeks, at which time field-testing will begin. Coastal Carolina University has been conducting in-house lab testing on the various EcaFlo solutions produced by I.E.T.'s laboratory equipment, which are non-portable devices. To date all lab test results have been resoundingly positive for the efficacy of killing bacteria in storm water applications.
The new prototype will be portable so that it can be used for on-site EcaFlo solution production. The mobility of the device is a key element in the further evolution into target markets.
Forward-Looking Statements: The statements in this press release regarding the assembly of the device, future opportunities and any other effect, result or aspect of the transaction and any other statements, which are not historical facts, are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the testing of the devices, results of the tests, applicability of the Company's technology, costs, delays, and any other difficulties related to the Company's business plan, risks and effects of legal and administrative proceedings and governmental regulation, f"
LITTLE RIVER, S.C.--(BUSINESS WIRE)--Sept. 9, 2004--Integrated Environmental Technologies, Ltd. (IET) (OTCBB: IEVM) of Little River, South Carolina announced I.E.T.'s engineering department has completed the design work for an EcaFlo device to be used in testing for storm water applications. Assembly of the prototype will be finished within two weeks, at which time field-testing will begin. Coastal Carolina University has been conducting in-house lab testing on the various EcaFlo solutions produced by I.E.T.'s laboratory equipment, which are non-portable devices. To date all lab test results have been resoundingly positive for the efficacy of killing bacteria in storm water applications.
The new prototype will be portable so that it can be used for on-site EcaFlo solution production. The mobility of the device is a key element in the further evolution into target markets.
Forward-Looking Statements: The statements in this press release regarding the assembly of the device, future opportunities and any other effect, result or aspect of the transaction and any other statements, which are not historical facts, are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the testing of the devices, results of the tests, applicability of the Company's technology, costs, delays, and any other difficulties related to the Company's business plan, risks and effects of legal and administrative proceedings and governmental regulation, f"
Penny Stocks on the Otcbb ITEK
Penny Stocks on the Otcbb ITEK: "Moving Records Joins Immediatek's DiscLive in Strategic Alliance; Combined Force Will Dominate Live Disc Recording Market
DALLAS--(BUSINESS WIRE)--Sept. 9, 2004--Immediatek (OTCBB:ITEK) announced today that it has formed a strategic alliance with Moving Records of Minneapolis, combining the mass duplication and automation capabilities of DiscLive with the sophisticated mobile audio engineering strengths of Moving Records.
The two companies will coordinate efforts to share technology to create a stronger and more appealing live recording and distribution platform, and will combine resources to service artists and labels, whether in conjunction with a full tour, festival-based performances, or special individual shows.
Additionally, the alliance will create a seamless environment of multiple mobile recording and manufacturing rigs so that service can be expanded to meet the demand of this emerging market of live discs available immediately after an event.
'Moving Records is one of the only other recognized pioneers in the space of producing discs immediately after a live event. With their sound and technology experts working together with our DiscLive team, we expect there to be exciting developments allowing us to produce better recordings, faster and more efficiently. This alliance will clearly position the team of DiscLive and Moving Records as the market and technology leader,' said Zach Bair, CEO of Immediatek.
Bair also said that the back-office efforts of both companies would be coordinated through Immediatek, creating a more seamless experience for sales, marketing, fulfillment, and e-commerce.
Wes Schu"
DALLAS--(BUSINESS WIRE)--Sept. 9, 2004--Immediatek (OTCBB:ITEK) announced today that it has formed a strategic alliance with Moving Records of Minneapolis, combining the mass duplication and automation capabilities of DiscLive with the sophisticated mobile audio engineering strengths of Moving Records.
The two companies will coordinate efforts to share technology to create a stronger and more appealing live recording and distribution platform, and will combine resources to service artists and labels, whether in conjunction with a full tour, festival-based performances, or special individual shows.
Additionally, the alliance will create a seamless environment of multiple mobile recording and manufacturing rigs so that service can be expanded to meet the demand of this emerging market of live discs available immediately after an event.
'Moving Records is one of the only other recognized pioneers in the space of producing discs immediately after a live event. With their sound and technology experts working together with our DiscLive team, we expect there to be exciting developments allowing us to produce better recordings, faster and more efficiently. This alliance will clearly position the team of DiscLive and Moving Records as the market and technology leader,' said Zach Bair, CEO of Immediatek.
Bair also said that the back-office efforts of both companies would be coordinated through Immediatek, creating a more seamless experience for sales, marketing, fulfillment, and e-commerce.
Wes Schu"
Wednesday, September 08, 2004
OTCBB Penny Stocks ONEV
Otcbb Penny Stocks ONEV: "One Voice Awarded Second European Patent for Natural Language Speech Processing
SAN DIEGO--(BUSINESS WIRE)--Sept. 8, 2004--One Voice Technologies, Inc. (OTCBB: ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that it has received a Notice of Allowance from the European Patent Office regarding a second One Voice patent entitled 'Network Interactive User Interface Using Speech Recognition and Natural Language Processing.' This patent covers human-to-computer speech recognition and Natural Language Processing (NLP) on PC's, embedded and wireless devices. One Voice is now entering the final patent stage in Europe by filing the appropriate issuance documents and anticipates formal issuance in the coming months. Coverage for this patent includes the following countries: Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Monaco, Netherlands, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
'Our patent portfolio continues to expand globally with regions including the United States, Australia, China and 18 European countries,' said Dean Weber, chairman and CEO of One Voice Technologies. 'Patent coverage is critical to building a strong technology company and we will continue to pursue additional coverage and file additional patents for our growing technology base.'
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB: ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ rev"
Penny Stocks
SAN DIEGO--(BUSINESS WIRE)--Sept. 8, 2004--One Voice Technologies, Inc. (OTCBB: ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that it has received a Notice of Allowance from the European Patent Office regarding a second One Voice patent entitled 'Network Interactive User Interface Using Speech Recognition and Natural Language Processing.' This patent covers human-to-computer speech recognition and Natural Language Processing (NLP) on PC's, embedded and wireless devices. One Voice is now entering the final patent stage in Europe by filing the appropriate issuance documents and anticipates formal issuance in the coming months. Coverage for this patent includes the following countries: Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Monaco, Netherlands, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
'Our patent portfolio continues to expand globally with regions including the United States, Australia, China and 18 European countries,' said Dean Weber, chairman and CEO of One Voice Technologies. 'Patent coverage is critical to building a strong technology company and we will continue to pursue additional coverage and file additional patents for our growing technology base.'
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB: ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ rev"
Penny Stocks
Otcbb Penny Stocks BIBO
Otcbb Penny Stocks BIBO: "Incode to Acquire Industrial Services Subscription Portal; Service to be Developed into Full-Featured Secondary Commodities Trading Platform
NEW YORK--(BUSINESS WIRE)--Sept. 8, 2004--Incode Corp. today announced its execution of an agreement to acquire an industrial services subscription portal, and its expectation that it will close this acquisition in line with the completion of Incode's proposed acquisition by BIB Holdings Ltd. ('BIB') (OTCBB: BIBO).
Secondary Commodities Markets
Manufacturers worldwide use raw materials in their production processes. These processes invariably result in the production of partially consumed industrial by-products -- chemicals, fuels, metals, plastics and paper, that often have reuse potential or can be recycled back into commerce. These by-products, or secondary commodities, are the basis of a multi-billion dollar industry that spans the global economy.
Producers of secondary commodities either pay for or are paid for their by-products by brokers, who route these materials to manufacturers worldwide for reuse as raw materials in other production process. While global in scale, the secondary commodities markets are very inefficient and highly fractionalized due to the absence of any meaningful exchange of market information. By contrast, commodities such as gold and oil are fungible today largely because of the existence of markets that enable buyers and sellers to efficiently interact. The company's belief is that there exists an opportunity to create a pricing mechanism to more efficiently facilitate the exchange of commodities and raw materials.
Business Model "
Penny Stocks
NEW YORK--(BUSINESS WIRE)--Sept. 8, 2004--Incode Corp. today announced its execution of an agreement to acquire an industrial services subscription portal, and its expectation that it will close this acquisition in line with the completion of Incode's proposed acquisition by BIB Holdings Ltd. ('BIB') (OTCBB: BIBO).
Secondary Commodities Markets
Manufacturers worldwide use raw materials in their production processes. These processes invariably result in the production of partially consumed industrial by-products -- chemicals, fuels, metals, plastics and paper, that often have reuse potential or can be recycled back into commerce. These by-products, or secondary commodities, are the basis of a multi-billion dollar industry that spans the global economy.
Producers of secondary commodities either pay for or are paid for their by-products by brokers, who route these materials to manufacturers worldwide for reuse as raw materials in other production process. While global in scale, the secondary commodities markets are very inefficient and highly fractionalized due to the absence of any meaningful exchange of market information. By contrast, commodities such as gold and oil are fungible today largely because of the existence of markets that enable buyers and sellers to efficiently interact. The company's belief is that there exists an opportunity to create a pricing mechanism to more efficiently facilitate the exchange of commodities and raw materials.
Business Model "
Penny Stocks
Otcbb Penny Stocks PDNW , CYDF
Proxity Digital Networks Announces ECTY/Cyber Defense Merger Effective, Will Trade under New Stock Symbol CYDF: "Proxity Digital Networks Announces ECTY/Cyber Defense Merger Effective, Will Trade under New Stock Symbol CYDF
NEW ORLEANS--(BUSINESS WIRE)--Sept. 8, 2004--Proxity Digital Networks, Inc. (Pink Sheets:PDNW) announces that the mergers with E-City Software, Inc, (OTCBB:ECTY) and Cyber Defense Systems, Inc. has been declared effective. Cyber Defense Systems, Inc. will begin trading under the new stock symbol CYDF on September 8. This merger reflects the commitment that Proxity and its subsidiaries Cyber Defense Systems and Cyber Aerospace have to building greater shareholder value.
About Proxity Digital Networks, Inc.
Proxity Digital Networks, Inc. is a developmental holding company specializing in the deployment and marketing of security protection technology and government contract fulfillment. The Company seeks to acquire and develop security technology. Proxity plans to enter into teaming and exclusive and nonexclusive marketing and distribution agreements with products developed for commercial, military and homeland defense. http://www.proxity.com
About Cyber Defense Systems, Inc.
Cyber Defense Systems, Inc., (OTCBB:CYDF) an operating subsidiary of Proxity Digital Networks, plans to acquire the marketing rights and/or develop offensive and defensive security technologies supporting a full line of interoperable protection disciplines. By acquiring a homogeneous Suite of Security Products through teaming and licensed marketing and distribution agreements, the Company plans to introduce the new product line to multiple markets. Through exclusive global licenses, Cyber Defense has also licensed a developing syste"
Penny Stocks
NEW ORLEANS--(BUSINESS WIRE)--Sept. 8, 2004--Proxity Digital Networks, Inc. (Pink Sheets:PDNW) announces that the mergers with E-City Software, Inc, (OTCBB:ECTY) and Cyber Defense Systems, Inc. has been declared effective. Cyber Defense Systems, Inc. will begin trading under the new stock symbol CYDF on September 8. This merger reflects the commitment that Proxity and its subsidiaries Cyber Defense Systems and Cyber Aerospace have to building greater shareholder value.
About Proxity Digital Networks, Inc.
Proxity Digital Networks, Inc. is a developmental holding company specializing in the deployment and marketing of security protection technology and government contract fulfillment. The Company seeks to acquire and develop security technology. Proxity plans to enter into teaming and exclusive and nonexclusive marketing and distribution agreements with products developed for commercial, military and homeland defense. http://www.proxity.com
About Cyber Defense Systems, Inc.
Cyber Defense Systems, Inc., (OTCBB:CYDF) an operating subsidiary of Proxity Digital Networks, plans to acquire the marketing rights and/or develop offensive and defensive security technologies supporting a full line of interoperable protection disciplines. By acquiring a homogeneous Suite of Security Products through teaming and licensed marketing and distribution agreements, the Company plans to introduce the new product line to multiple markets. Through exclusive global licenses, Cyber Defense has also licensed a developing syste"
Penny Stocks
TLHO Otcbb Penny Stocks
TLHO Otcbb Penny Stocks: "Dr. Allon Guez Joins Trestle Board of Directors; Paul Guez Resigns after Five Years of Service
IRVINE, Calif.--(BUSINESS WIRE)--Sept. 8, 2004--Trestle Holdings Inc. (OTCBB:TLHO), a supplier of digital imaging and telemedicine applications, announced today that Dr. Allon Guez has joined the company's board of directors. The company also announced that Paul Guez, a member of the board since 1999, has resigned from the board, effective immediately.
Dr. Guez is a professor of electrical, computer and biomedical engineering at Drexel University where he is also the director of the robotics and automation lab. He has over 30 years experience in research and development, business development, strategic partnerships and capital raising. He is a frequent consultant to industry and government, and has authored over 200 scientific publications, book chapters and patents. Dr. Allon Guez is the cousin of Paul Guez. Michael Doherty, chairman of the board, said: 'I am pleased that Dr. Guez has agreed to join our board of directors. His experience in biotech and biomedical engineering, along with his knowledge of robotics and pattern recognition will be invaluable to the company.'
Commenting on his resignation, Paul Guez said: 'It was with regret that I tendered my resignation but with the increase in the activities of the company, the time commitment is greater than I can presently afford. However, based on his vast experience, I am confident that Allon will make a significant contribution to the company.' Chairman Doherty added: 'On behalf of the stockholders, board of directors and employees of Trestle Corporation, I would like to express our g"
Penny Stocks
IRVINE, Calif.--(BUSINESS WIRE)--Sept. 8, 2004--Trestle Holdings Inc. (OTCBB:TLHO), a supplier of digital imaging and telemedicine applications, announced today that Dr. Allon Guez has joined the company's board of directors. The company also announced that Paul Guez, a member of the board since 1999, has resigned from the board, effective immediately.
Dr. Guez is a professor of electrical, computer and biomedical engineering at Drexel University where he is also the director of the robotics and automation lab. He has over 30 years experience in research and development, business development, strategic partnerships and capital raising. He is a frequent consultant to industry and government, and has authored over 200 scientific publications, book chapters and patents. Dr. Allon Guez is the cousin of Paul Guez. Michael Doherty, chairman of the board, said: 'I am pleased that Dr. Guez has agreed to join our board of directors. His experience in biotech and biomedical engineering, along with his knowledge of robotics and pattern recognition will be invaluable to the company.'
Commenting on his resignation, Paul Guez said: 'It was with regret that I tendered my resignation but with the increase in the activities of the company, the time commitment is greater than I can presently afford. However, based on his vast experience, I am confident that Allon will make a significant contribution to the company.' Chairman Doherty added: 'On behalf of the stockholders, board of directors and employees of Trestle Corporation, I would like to express our g"
Penny Stocks
Otcbb Penny Stocks VSNI
Otcbb Penny Stocks VSNI: "Viseon Announces the Appointment of John O'Donnell to Board of Directors
DALLAS--(BUSINESS WIRE)--Sept. 8, 2004--Viseon, Inc. (OTCBB:VSNI), a global developer of broadband personal video communications solutions, today announced the appointment of Mr. John O'Donnell to its Board of Directors following the resignation of W.R. Howell.
Commenting on the transition of its Board of Directors, Viseon's president and chief executive officer John Harris stated, 'We appreciate W.R.'s contribution and regret his departure. We are excited that we were able to quickly attract a qualified individual to fill the vacancy and welcome the addition of John O'Donnell and the insight he will offer based upon his years of experience in the video conferencing industry.'
Mr. Howell stated, 'I appreciate the opportunity to have been a part of developing the early strategies of Viseon and feel confident in the leadership of the Company as they move forward. I will watch their progress with keen interest as a shareholder, and provide any assistance that I can.'
John O'Donnell is the President of Avteq Inc., a provider of peripheral equipment to the group visual communications market. Avteq's primary customers include the United States Government and a significant number of large video conferencing equipment resellers. Prior to his founding of Avteq, Mr. O'Donnell was the co-founder of NuVision Technologies, and served as its president and CEO through 1999. NuVision was acquired by Tandberg, ASA in early 1998. NuVision is often credited with having launched the Tandberg video conferencing sales efforts within the U.S. where it now has the number two market share position. Under Mr. O'D"
Penny Stocks
DALLAS--(BUSINESS WIRE)--Sept. 8, 2004--Viseon, Inc. (OTCBB:VSNI), a global developer of broadband personal video communications solutions, today announced the appointment of Mr. John O'Donnell to its Board of Directors following the resignation of W.R. Howell.
Commenting on the transition of its Board of Directors, Viseon's president and chief executive officer John Harris stated, 'We appreciate W.R.'s contribution and regret his departure. We are excited that we were able to quickly attract a qualified individual to fill the vacancy and welcome the addition of John O'Donnell and the insight he will offer based upon his years of experience in the video conferencing industry.'
Mr. Howell stated, 'I appreciate the opportunity to have been a part of developing the early strategies of Viseon and feel confident in the leadership of the Company as they move forward. I will watch their progress with keen interest as a shareholder, and provide any assistance that I can.'
John O'Donnell is the President of Avteq Inc., a provider of peripheral equipment to the group visual communications market. Avteq's primary customers include the United States Government and a significant number of large video conferencing equipment resellers. Prior to his founding of Avteq, Mr. O'Donnell was the co-founder of NuVision Technologies, and served as its president and CEO through 1999. NuVision was acquired by Tandberg, ASA in early 1998. NuVision is often credited with having launched the Tandberg video conferencing sales efforts within the U.S. where it now has the number two market share position. Under Mr. O'D"
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Brilliant Digital Entertainment and Altnet File Suit Against Infringers of Its ``TrueNames'' Patent
Brilliant Digital Entertainment and Altnet File Suit Against Infringers of Its ``TrueNames'' Patent: "Brilliant Digital Entertainment and Altnet File Suit Against Infringers of Its ``TrueNames'' Patent
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Sept. 8, 2004--
Action Alleges Abuse of Protected Algorithm by 'Spoofers,' Names Web Services and Riaa as Defendants
Stating its efforts at cooperation have proven fruitless, Brilliant Digital Entertainment (BDE) subsidiary Altnet has filed a civil suit against a number of companies and organizations, including the RIAA, alleging the breach of the 'TrueNames' patent it licensed in 2002. The suit names RIAA chief Mitch Bainwol, and the RIAA's Hillary Rosen, Cary Sherman and Marc Morgenstern as defendants, in addition to The RIAA, Overpeer, Inc., Loudeye, Inc., and Media Sentry Inc. Altnet alleges some of the defendants infringe on its patents to 'spoof' peer-to-peer (P2P) users with bogus or corrupted media files. Altnet alleges this has inhibited the growth of P2P for legitimate file sharing that benefits copyright holders (which Altnet advocates) and thereby has injured its business.
The suit, while narrowly focused on a specific, patented algorithm that permits the unique naming of files across peer-to-peer networks, has far-ranging implications in the ongoing battle between artists, copyright holders, labels and consumers over their respective rights to share files over the Internet. Recently, the US 9th Circuit Court of Appeals ruled that certain file sharing networks were not liable for the actions of their users who share files.
'Regrettably, our unique business proposition, backed by our exclusive patent rights, has been rejected continu"
Penny Stocks
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Sept. 8, 2004--
Action Alleges Abuse of Protected Algorithm by 'Spoofers,' Names Web Services and Riaa as Defendants
Stating its efforts at cooperation have proven fruitless, Brilliant Digital Entertainment (BDE) subsidiary Altnet has filed a civil suit against a number of companies and organizations, including the RIAA, alleging the breach of the 'TrueNames' patent it licensed in 2002. The suit names RIAA chief Mitch Bainwol, and the RIAA's Hillary Rosen, Cary Sherman and Marc Morgenstern as defendants, in addition to The RIAA, Overpeer, Inc., Loudeye, Inc., and Media Sentry Inc. Altnet alleges some of the defendants infringe on its patents to 'spoof' peer-to-peer (P2P) users with bogus or corrupted media files. Altnet alleges this has inhibited the growth of P2P for legitimate file sharing that benefits copyright holders (which Altnet advocates) and thereby has injured its business.
The suit, while narrowly focused on a specific, patented algorithm that permits the unique naming of files across peer-to-peer networks, has far-ranging implications in the ongoing battle between artists, copyright holders, labels and consumers over their respective rights to share files over the Internet. Recently, the US 9th Circuit Court of Appeals ruled that certain file sharing networks were not liable for the actions of their users who share files.
'Regrettably, our unique business proposition, backed by our exclusive patent rights, has been rejected continu"
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Tuesday, September 07, 2004
Whitney Information Network Assumes Operational Control of Discount Buyers Association of America
Whitney Information Network Assumes Operational Control of Discount Buyers Association of America: "Whitney Information Network Assumes Operational Control of Discount Buyers Association of America
CAPE CORAL, Fla.--(BUSINESS WIRE)--Sept. 7, 2004--
Post-Secondary Education Provider To Fully Integrate DBAA Products Into Its Existing Offering
Whitney Information Network, Inc. (OTCBB:RUSS) today entered into a six-month agreement with Discount Buyers Association of America (DBAA) to assume operational control over DBAA's business and post-secondary education products. Simultaneously, Whitney has an option to purchase all of DBAA's assets. The option is exercisable until the expiration of the management agreement.
Whitney will assume managerial control of DBAA immediately, including oversight of the company's Venice, Fla. headquarters. Over the next six months, the company will incorporate DBAA products into its existing curricula and training programs that focus on various aspects of real estate and debt financing. These programs include: discount notes and mortgages, advanced factoring and financial industry advanced training.
DBAA training courses, developed and instructed by Don Burnham, a recognized leader in the real estate and investing industry, have long been a part of Whitney's advanced training. These courses will provide the foundation for building a new product segment in entrepreneurship and will further expand our educational offerings among existing and new students, resulting in increased revenue.
'DBAA is a long-standing alliance partner of ours,' said Nick Maturo, president of Whitney. 'In order to integrate DBAA's training courses into our curriculum, we believe it is beneficial for us to hav"
CAPE CORAL, Fla.--(BUSINESS WIRE)--Sept. 7, 2004--
Post-Secondary Education Provider To Fully Integrate DBAA Products Into Its Existing Offering
Whitney Information Network, Inc. (OTCBB:RUSS) today entered into a six-month agreement with Discount Buyers Association of America (DBAA) to assume operational control over DBAA's business and post-secondary education products. Simultaneously, Whitney has an option to purchase all of DBAA's assets. The option is exercisable until the expiration of the management agreement.
Whitney will assume managerial control of DBAA immediately, including oversight of the company's Venice, Fla. headquarters. Over the next six months, the company will incorporate DBAA products into its existing curricula and training programs that focus on various aspects of real estate and debt financing. These programs include: discount notes and mortgages, advanced factoring and financial industry advanced training.
DBAA training courses, developed and instructed by Don Burnham, a recognized leader in the real estate and investing industry, have long been a part of Whitney's advanced training. These courses will provide the foundation for building a new product segment in entrepreneurship and will further expand our educational offerings among existing and new students, resulting in increased revenue.
'DBAA is a long-standing alliance partner of ours,' said Nick Maturo, president of Whitney. 'In order to integrate DBAA's training courses into our curriculum, we believe it is beneficial for us to hav"
Burzynski Research Institute Receives Orphan Drug Designation for Antineoplastons A10 and AS2-1 for Treatment of Brain Stem Glioma
Burzynski Research Institute Receives Orphan Drug Designation for Antineoplastons A10 and AS2-1 for Treatment of Brain Stem Glioma: "Burzynski Research Institute Receives Orphan Drug Designation for Antineoplastons A10 and AS2-1 for Treatment of Brain Stem Glioma
HOUSTON--(BUSINESS WIRE)--Sept. 7, 2004--Burzynski Research Institute (BRI) (OTCBB:BZYR) announced today that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation for its drug candidates Antineoplastons A10 and AS2-1 for the treatment of brain stem glioma.
The FDA's orphan drug program is intended to encourage research, development and approval of products for diseases that affect fewer than 200,000 patients in the United States per year and provide a significant therapeutic advantage over existing treatments. If Antineoplastons A10 and AS2-1 receive approval from the FDA, orphan drug designation will provide Antineoplastons A10 and AS2-1 with seven years of market exclusivity following such regulatory approval. The designation also enables BRI to apply for clinical research funding, tax credits on clinical research and development expenses, a potential waiver of user fees associated with filing the marketing application and assistance from the Office of Orphan Product Development (OOPD) in guiding the drug through the regulatory approval process.
'We are pleased to receive the FDA's orphan drug designation for Antineoplastons A10 and AS2-1, an important step toward bringing this treatment to market,' said Luke E. Lawson, Ph.D., Director of Regulatory Affairs of BRI. 'Therapeutic options for brain stem glioma patients are rather limited. We are committed to accelerating, wherever possible, our efforts to help address the unmet medical need of these patients w"
HOUSTON--(BUSINESS WIRE)--Sept. 7, 2004--Burzynski Research Institute (BRI) (OTCBB:BZYR) announced today that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation for its drug candidates Antineoplastons A10 and AS2-1 for the treatment of brain stem glioma.
The FDA's orphan drug program is intended to encourage research, development and approval of products for diseases that affect fewer than 200,000 patients in the United States per year and provide a significant therapeutic advantage over existing treatments. If Antineoplastons A10 and AS2-1 receive approval from the FDA, orphan drug designation will provide Antineoplastons A10 and AS2-1 with seven years of market exclusivity following such regulatory approval. The designation also enables BRI to apply for clinical research funding, tax credits on clinical research and development expenses, a potential waiver of user fees associated with filing the marketing application and assistance from the Office of Orphan Product Development (OOPD) in guiding the drug through the regulatory approval process.
'We are pleased to receive the FDA's orphan drug designation for Antineoplastons A10 and AS2-1, an important step toward bringing this treatment to market,' said Luke E. Lawson, Ph.D., Director of Regulatory Affairs of BRI. 'Therapeutic options for brain stem glioma patients are rather limited. We are committed to accelerating, wherever possible, our efforts to help address the unmet medical need of these patients w"
Friday, September 03, 2004
Covad Antitrust Suit against BellSouth to Go Forward
Covad Antitrust Suit against BellSouth to Go Forward: "Covad Antitrust Suit against BellSouth to Go Forward
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 3, 2004--
Three Judge Panel of 11th Circuit Court of Appeals Denies BellSouth Petition to Re-Hear the Company's Appeal before the Entire Court
The United States Court of Appeal for the Eleventh Circuit declined to BellSouth's request to rehear an earlier ruling that allows Covad Communications Company (OTCBB:COVD) to pursue certain antitrust and tort claims against BellSouth Corporation.
In 2000, Covad asserted a variety of antitrust claims against BellSouth alleging that BellSouth used its monopoly power to engage in a concerted effort to thwart competition in the Internet access market. The United States District Court for the Northern District of Georgia dismissed Covad's claims, holding that Covad's claims were barred by the Telecommunications Act of 1996. In August 2002, the Eleventh Circuit reversed the district court's ruling, reinstated Covad's antitrust claims, and remanded the case back to the district court for further proceedings.
Subsequently, the United States Supreme Court issued a ruling in the Trinko case, which upheld the dismissal of an antitrust case alleging a single breach of an incumbent phone company's duty under the Telecommunications Act of 1996 to share its network with competitors. The Supreme Court subsequently remanded the 11th Circuit decision for further proceedings in light of the Trinko decision. In June of this year, a three-judge panel of the 11th Circuit Court ruled that the Trinko decision did not foreclose key Covad claims.
BellSouth requested that the full court review the panel's June decision. This week, the Eleventh Circuit issued an"
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 3, 2004--
Three Judge Panel of 11th Circuit Court of Appeals Denies BellSouth Petition to Re-Hear the Company's Appeal before the Entire Court
The United States Court of Appeal for the Eleventh Circuit declined to BellSouth's request to rehear an earlier ruling that allows Covad Communications Company (OTCBB:COVD) to pursue certain antitrust and tort claims against BellSouth Corporation.
In 2000, Covad asserted a variety of antitrust claims against BellSouth alleging that BellSouth used its monopoly power to engage in a concerted effort to thwart competition in the Internet access market. The United States District Court for the Northern District of Georgia dismissed Covad's claims, holding that Covad's claims were barred by the Telecommunications Act of 1996. In August 2002, the Eleventh Circuit reversed the district court's ruling, reinstated Covad's antitrust claims, and remanded the case back to the district court for further proceedings.
Subsequently, the United States Supreme Court issued a ruling in the Trinko case, which upheld the dismissal of an antitrust case alleging a single breach of an incumbent phone company's duty under the Telecommunications Act of 1996 to share its network with competitors. The Supreme Court subsequently remanded the 11th Circuit decision for further proceedings in light of the Trinko decision. In June of this year, a three-judge panel of the 11th Circuit Court ruled that the Trinko decision did not foreclose key Covad claims.
BellSouth requested that the full court review the panel's June decision. This week, the Eleventh Circuit issued an"
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GHCP Otcbb Penny Stocks
Graphco Technologies > Press Releases
GRAPHCO HOLDINGS CORP. NAMES
DR. WILLIAM H. SAWYER CEO
AMBLER, Pennsylvania - January 8, 2004 - Graphco Holdings Corp. (OTC BB: GHCP) Christian Ivanescu, Founder and Chairman of Graphco, announced today that Dr. William H. Sawyer has been named Chief Executive Officer of the company. Dr. Sawyer plans to develop Graphco into a highly profitable, leading security solutions company through strategic licensing of its core technologies combined with key product development.
Building on its unique voice identification and facial recognition technologies, and high-speed database search engines, Graphco, with Dr. Sawyer at the helm, is poised to become a leader within its business sector. Dr. Sawyer, in addition to being an experienced CEO, has led a successful academic career. With prior senior management experience with a major corporation, he developed and sold his own successful high-speed image processing company. He also led the turnaround of Compass Technologies, a security equipment manufacturer.
Dr. Sawyer stated: "Before agreeing to join Graphco, I conducted an extensive review of its technologies. Based on my due diligence and experience in the security field, I have made a commitment to lead Graphco through its next phase, bringing its technologies to market. Graphco offers a unique opportunity for success. It has a core of highly talented engineers, a full technology development pipeline, and owns several proven, cutting edge technologies important to the security industry, government and law enforcement." Dr. Sawyer went on to say: "By strategic licensing of our existing technologies to, and partnering with, key members of these industry segments and expanding the marketing of our core products, the Company intends to build a revenue stream that will allow us to complete pipeline projects and generate a significant operating profit. I see the company concentrating in the next six months on bringing its technologies to large scale markets through vertical integrators, consumer products companies and government. As an executive who has extensive familiarity with government sales, I feel that Graphco has a significant role to play in the government sector, starting with homeland security.
Before joining Graphco, Dr. Sawyer was a Senior Partner of Group V, LLP., based in Philadelphia, specializing in management consulting and risk assessment for growing high technology companies serving government and industry. From 1990 to 1999 Dr. Sawyer was President of Compass Technologies, also in Philadelphia, where he returned the company to profitability and positive cash flow. Dr. Sawyer received his Ph.D. in Physics from Case Western Reserve University. Prior to entering business he was a tenured faculty member and Chairman of the Physics Department at Elmhurst College in Illinois. More recently he served on the graduate business faculty of Eastern University where he taught Marketing, Strategic Planning and Statistics. Dr. Sawyer is author of numerous papers in the fields of radiation damage, applied optics, business management, information and physical security. His core competencies include optical and software-based product development, sales, marketing, and strategic planning.
All of the members of the Board of Directors are most pleased to welcome Dr. Sawyer to the Company.
A copy of Dr. Sawyer's Employment Agreement setting forth the terms and conditions thereof will be filed with the Securities and Exchange Commission pursuant to a Form 8-K. Among the terms contained in Dr. Sawyer's Employment Agreement is his right to terminate the agreement "ab initio" if a minimum of $250,000 is not raised in the Company's pending private offering being managed by Windstone Capital.
About Graphco Holdings Corp.
Graphco Holdings Corp. (OTC BB: GHCP) is a technology, software and systems development and licensing company that provides advanced solutions for law enforcement information sharing, biometric identification, secure access and surveillance. Graphco's markets include government, law enforcement, industrial and corporate security. Graphco is based in its new headquarters in Ambler, Pennsylvania.
GRAPHCO HOLDINGS CORP. NAMES
DR. WILLIAM H. SAWYER CEO
AMBLER, Pennsylvania - January 8, 2004 - Graphco Holdings Corp. (OTC BB: GHCP) Christian Ivanescu, Founder and Chairman of Graphco, announced today that Dr. William H. Sawyer has been named Chief Executive Officer of the company. Dr. Sawyer plans to develop Graphco into a highly profitable, leading security solutions company through strategic licensing of its core technologies combined with key product development.
Building on its unique voice identification and facial recognition technologies, and high-speed database search engines, Graphco, with Dr. Sawyer at the helm, is poised to become a leader within its business sector. Dr. Sawyer, in addition to being an experienced CEO, has led a successful academic career. With prior senior management experience with a major corporation, he developed and sold his own successful high-speed image processing company. He also led the turnaround of Compass Technologies, a security equipment manufacturer.
Dr. Sawyer stated: "Before agreeing to join Graphco, I conducted an extensive review of its technologies. Based on my due diligence and experience in the security field, I have made a commitment to lead Graphco through its next phase, bringing its technologies to market. Graphco offers a unique opportunity for success. It has a core of highly talented engineers, a full technology development pipeline, and owns several proven, cutting edge technologies important to the security industry, government and law enforcement." Dr. Sawyer went on to say: "By strategic licensing of our existing technologies to, and partnering with, key members of these industry segments and expanding the marketing of our core products, the Company intends to build a revenue stream that will allow us to complete pipeline projects and generate a significant operating profit. I see the company concentrating in the next six months on bringing its technologies to large scale markets through vertical integrators, consumer products companies and government. As an executive who has extensive familiarity with government sales, I feel that Graphco has a significant role to play in the government sector, starting with homeland security.
Before joining Graphco, Dr. Sawyer was a Senior Partner of Group V, LLP., based in Philadelphia, specializing in management consulting and risk assessment for growing high technology companies serving government and industry. From 1990 to 1999 Dr. Sawyer was President of Compass Technologies, also in Philadelphia, where he returned the company to profitability and positive cash flow. Dr. Sawyer received his Ph.D. in Physics from Case Western Reserve University. Prior to entering business he was a tenured faculty member and Chairman of the Physics Department at Elmhurst College in Illinois. More recently he served on the graduate business faculty of Eastern University where he taught Marketing, Strategic Planning and Statistics. Dr. Sawyer is author of numerous papers in the fields of radiation damage, applied optics, business management, information and physical security. His core competencies include optical and software-based product development, sales, marketing, and strategic planning.
All of the members of the Board of Directors are most pleased to welcome Dr. Sawyer to the Company.
A copy of Dr. Sawyer's Employment Agreement setting forth the terms and conditions thereof will be filed with the Securities and Exchange Commission pursuant to a Form 8-K. Among the terms contained in Dr. Sawyer's Employment Agreement is his right to terminate the agreement "ab initio" if a minimum of $250,000 is not raised in the Company's pending private offering being managed by Windstone Capital.
About Graphco Holdings Corp.
Graphco Holdings Corp. (OTC BB: GHCP) is a technology, software and systems development and licensing company that provides advanced solutions for law enforcement information sharing, biometric identification, secure access and surveillance. Graphco's markets include government, law enforcement, industrial and corporate security. Graphco is based in its new headquarters in Ambler, Pennsylvania.
Thursday, September 02, 2004
NLCP Otcbb Penny Stock News
NLCP National Coal Corp. Signs Agreement to Acquire Mining Assets of Robert Clear Coal Corporation: "KNOXVILLE, Tenn.--(BUSINESS WIRE)--Sept. 1, 2004--National Coal Corp. (OTCBB:NLCP), a coal producer operating in Eastern Tennessee, today announced its wholly-owned subsidiary, National Coal Corporation, has signed an agreement to purchase the mining rights and permits on 7,000 acres of land from Robert Clear Coal Corporation, a coal mining company located in the Elk Valley area of Eastern Tennessee. Consummation of the transaction is subject to customary closing conditions. National Coal expects to close the transaction within 60 days.
Upon the closing of the transaction, National will replace $3.9 million of the seller's reclamation and other bonds and will also acquire all leases, permits and mining equipment for approximately $5.5 million, plus the assumption of some current liabilities.
National expects to commence mining operations on all approved and permitted sites immediately upon close of this transaction. When fully operational, the mines are expected to generate more than 40,000 tons of coal per month.
Reclamation work currently associated with the site, as well as all future mining operations, will be guided by the Company's environmentalist to ensure that all reclamation and mining is performed in accordance with National's high standards.
About National Coal Corp.
National Coal Corp., through its wholly-owned subsidiary, National Coal Corporation, owns coal mineral rights on approximately 70,000 acres in Eastern Tennessee. For more information, visit www.nationalcoal.com. "
Upon the closing of the transaction, National will replace $3.9 million of the seller's reclamation and other bonds and will also acquire all leases, permits and mining equipment for approximately $5.5 million, plus the assumption of some current liabilities.
National expects to commence mining operations on all approved and permitted sites immediately upon close of this transaction. When fully operational, the mines are expected to generate more than 40,000 tons of coal per month.
Reclamation work currently associated with the site, as well as all future mining operations, will be guided by the Company's environmentalist to ensure that all reclamation and mining is performed in accordance with National's high standards.
About National Coal Corp.
National Coal Corp., through its wholly-owned subsidiary, National Coal Corporation, owns coal mineral rights on approximately 70,000 acres in Eastern Tennessee. For more information, visit www.nationalcoal.com. "
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Argan Announces Merger with Vitarich Laboratories
Argan Announces Merger with Vitarich Laboratories: "ROCKVILLE, Md.--(BUSINESS WIRE)--Sept. 1, 2004--Argan, Inc. (OTCBB; BSE: AGAX.OB; AGX) announced today the closing of its merger with Vitarich Laboratories, Inc. (Vitarich). Vitarich is a farm-to-market, vertically integrated private label manufacturer that manufactures, packages and distributes premium nutraceutical products, including nutritional and whole-food dietary supplements and other personal healthcare products. The company is headquartered in Naples, FL.
Rainer Bosselmann, Chairman and Chief Executive Officer of Argan, remarked, 'Vitarich is the kind of entrepreneurial company we like to invest in. It positions us for entry into the nutraceutical industry that is characterized by rapid growth, fragmentation and opportunities for innovation and consolidation. We will continue to look for investment opportunities in this industry.' In addition he stated, 'Vitarich has a premier management team that has an excellent industry reputation for the research, development and manufacture of innovative and premium nutraceutical products in its state-of-the-art facilities.' Vitarich CEO Kevin Thomas says that 'the entire Vitarich management team is energized by the combination with Argan and by what it means for the future of the company. The entire Vitarich team will continue our commitment to research, quality products and excellent customer service.' Vitarich has experienced substantial growth over the past few years, growing from $7 million in revenue in calendar year 2000 to approximately $17 million over the past 12 months. For more information see www.vitarichlabs.com.
Argan, Inc., headquartered in Rockville, MD, is a farm-to-market, vertically integrated private label manufactur"
Rainer Bosselmann, Chairman and Chief Executive Officer of Argan, remarked, 'Vitarich is the kind of entrepreneurial company we like to invest in. It positions us for entry into the nutraceutical industry that is characterized by rapid growth, fragmentation and opportunities for innovation and consolidation. We will continue to look for investment opportunities in this industry.' In addition he stated, 'Vitarich has a premier management team that has an excellent industry reputation for the research, development and manufacture of innovative and premium nutraceutical products in its state-of-the-art facilities.' Vitarich CEO Kevin Thomas says that 'the entire Vitarich management team is energized by the combination with Argan and by what it means for the future of the company. The entire Vitarich team will continue our commitment to research, quality products and excellent customer service.' Vitarich has experienced substantial growth over the past few years, growing from $7 million in revenue in calendar year 2000 to approximately $17 million over the past 12 months. For more information see www.vitarichlabs.com.
Argan, Inc., headquartered in Rockville, MD, is a farm-to-market, vertically integrated private label manufactur"
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Nutra Pharma Reports ReceptoPharm Assays Prove That Experimental HIV Drug NPHC Penny Stocks
Nutra Pharma Reports ReceptoPharm Assays Prove That Experimental HIV Drug May Be Widely Available after Approval: "BOYNTON BEACH, Fla.--(BUSINESS WIRE)--Sept. 1, 2004--Nutra Pharma Corp. (OTCBB:NPHC), a biotechnology holding company that owns rights to patents and intellectual property related to the development of drugs for HIV and Multiple Sclerosis, has announced today that its minority-owned holding, ReceptoPharm, Inc., has discovered the potential for widely available cobra venoms as a raw material in the development of a treatment for HIV and possibly AIDS. This is a significant discovery as cobras are indigenous where HIV infection is rampant. Cobra venom from different geographical locations has been assayed for effectiveness in inhibiting HIV replication. Venoms from cobras found in Africa and Asia have demonstrated antiviral activity.
'This permits the use of diverse venom sources to produce the drug in a cost-effective way and meet the requirements of the millions in need of treatment,' commented Paul Reid, PhD, CEO of ReceptoPharm. 'The production of cobra venom for use in antisera manufacturing is well established and could be scaled-up to meet the demands for anti-retroviral therapy. Tens if not hundreds of kilograms of venoms are produced globally and the Company believes that one kilogram could provide as many as one million doses. Our recent efforts in cloning one of the active components should increase drug supply,' he concluded.
The key now to a promising new drug is its ability to block emerging drug-resistant HIV strains. The Company is examining this aspect in independent laboratories and feels confident that this should not be a problem. Preliminary research suggests the anti-viral mechanism is independent of current treatment methods. The venom'"
'This permits the use of diverse venom sources to produce the drug in a cost-effective way and meet the requirements of the millions in need of treatment,' commented Paul Reid, PhD, CEO of ReceptoPharm. 'The production of cobra venom for use in antisera manufacturing is well established and could be scaled-up to meet the demands for anti-retroviral therapy. Tens if not hundreds of kilograms of venoms are produced globally and the Company believes that one kilogram could provide as many as one million doses. Our recent efforts in cloning one of the active components should increase drug supply,' he concluded.
The key now to a promising new drug is its ability to block emerging drug-resistant HIV strains. The Company is examining this aspect in independent laboratories and feels confident that this should not be a problem. Preliminary research suggests the anti-viral mechanism is independent of current treatment methods. The venom'"
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Secured Digital To Add SDGL Otcbb Penny Stock News
Secured Digital To Add New FAQ Section To Its Website: "NEW YORK--(BUSINESS WIRE)--Sept. 1, 2004--Secured Digital Applications, Inc. (OTCBB:SDGL) www.digitalapps.net today announced that in an effort to improve the flow of relevant information from the Company to its shareholders, it will add a new FAQ section to the investor relations page on the company's web site, which will periodically be updated with management's answers to questions posed by investors.
'We received quite a number of inquiries about the recent investment in our company by Laurus Master Fund. These are admittedly complex transactions and we hope that we will be able to further educate our shareholders on this and other issues,' said Patrick Lim, Chairman and CEO of Secured Digital. 'We developed the FAQ as a way to address those questions in a manner that complies with federal securities law and makes the information available to all of our shareholders at the same time.
Secured Digital further announced that the Company has appointed Piper Rudnick LLP (www.piperrudnick.com) as additional outside counsel. The firm has been engaged to handle various corporate and securities matters, as well as assist Secured Digital in conjunction with the expansion of its international operations in Asia.
About Secured Digital Applications:
Secured Digital Applications, Inc. (formerly known as Digital Broadband Networks, Inc.) and its subsidiaries are involved in the development, integration and provision of secured shipping and supply chain management service, sale of biometrics security systems and the development of Web based interactive multimedia content. The group is also involved in the sale of the EyStar SmartHome Console, broadband modems and IP cameras. For more information, plea"
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'We received quite a number of inquiries about the recent investment in our company by Laurus Master Fund. These are admittedly complex transactions and we hope that we will be able to further educate our shareholders on this and other issues,' said Patrick Lim, Chairman and CEO of Secured Digital. 'We developed the FAQ as a way to address those questions in a manner that complies with federal securities law and makes the information available to all of our shareholders at the same time.
Secured Digital further announced that the Company has appointed Piper Rudnick LLP (www.piperrudnick.com) as additional outside counsel. The firm has been engaged to handle various corporate and securities matters, as well as assist Secured Digital in conjunction with the expansion of its international operations in Asia.
About Secured Digital Applications:
Secured Digital Applications, Inc. (formerly known as Digital Broadband Networks, Inc.) and its subsidiaries are involved in the development, integration and provision of secured shipping and supply chain management service, sale of biometrics security systems and the development of Web based interactive multimedia content. The group is also involved in the sale of the EyStar SmartHome Console, broadband modems and IP cameras. For more information, plea"
GulfWest -- Workover Program Successes: Increased Natural Gas Production in Colorado and South Texas; Sustained Higher Gas Production in South Louisiana
GulfWest -- Workover Program Successes: Increased Natural Gas Production in Colorado and South Texas; Sustained Higher Gas Production in South Louisiana: "HOUSTON--(BUSINESS WIRE)--Sept. 1, 2004--GulfWest Energy Inc. (OTCBB:GULF) initiated a workover program in May of this year after closing a refinancing at the end of April. The $3.5 million program includes workovers to be done in the Company's fields located in South Louisiana, the Gulf Coast area of Texas, Zavala County in South Texas and in the D-J basin of Colorado, east of Denver. GulfWest is the operator of the fields and has an average 93% working interest.
In the Colorado D-J Basin, 10 wells have been worked over and to date production has increased over 50% from 700 mcfpd to 1,100 mcfpd. The Company is currently installing electronic control systems to allow for remote monitoring and optimization of gas wells to further increase production. In Zavala County, initial workovers have increased production approximately 40% so far, from 500 mcfpd to 720 mcfpd. Currently the company is evaluating candidate gas wells to be fracture stimulated in both Colorado and South Texas.
In June the company announced the re-completion of a gas well in Cameron Parish, La., where a 13,000-foot gas well was plugged back to a new zone in the Lacassine field. This initial work increased production from 500 mcfpd and 40 bopd, to 1,500 mcfpd and 100 bopd. Since then, additional facility work has been completed in the field and the production has leveled out at 2,200 mcfpd and 120 bopd. The strong water drive, natural gas reservoirs of this field require the company to produce over 6,000 barrels of water per day, which is injected into onsite disposal wells. This co-production technique is allowing GulfWest to recover"
In the Colorado D-J Basin, 10 wells have been worked over and to date production has increased over 50% from 700 mcfpd to 1,100 mcfpd. The Company is currently installing electronic control systems to allow for remote monitoring and optimization of gas wells to further increase production. In Zavala County, initial workovers have increased production approximately 40% so far, from 500 mcfpd to 720 mcfpd. Currently the company is evaluating candidate gas wells to be fracture stimulated in both Colorado and South Texas.
In June the company announced the re-completion of a gas well in Cameron Parish, La., where a 13,000-foot gas well was plugged back to a new zone in the Lacassine field. This initial work increased production from 500 mcfpd and 40 bopd, to 1,500 mcfpd and 100 bopd. Since then, additional facility work has been completed in the field and the production has leveled out at 2,200 mcfpd and 120 bopd. The strong water drive, natural gas reservoirs of this field require the company to produce over 6,000 barrels of water per day, which is injected into onsite disposal wells. This co-production technique is allowing GulfWest to recover"
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SCDI Otcbb Penny Stock News
SCDI Secured Diversified Investment, LTD. Agrees to Sell 1,400,000 Shares of Common Stock to London Investment Company: "NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 1, 2004--Secured Diversified Investment, LTD. (OTCBB:SCDI) has announced that it has signed an agreement with a private investment company in London, England, for the purchase by the investment company of 1,400,000 shares of Secured Diversified common shares in exchange for shares of the investment company.
The investment company will apply for its shares to be admitted to trading on the London Stock Exchange as an investment trust. The investment company has been established specifically to invest in U.S. micro cap companies with long term growth potential. The investment company expects its shares to be trading on the London Stock Exchange by September 30, 2004.
'This investment will enhance our balance sheet, increase our access to cash and also improve our ability to acquire additional properties,' said Clifford L. Strand, President of Secured Diversified Investment.
The investment company has entered into a 'lock-up' agreement with Secured Diversified Investment pursuant to which it has agreed not to trade Secured Diversified shares it will receive as a result of this transaction for a period of one year from the closing date. Secured Diversified Investment has agreed to file a registration statement with the SEC allowing the public resale of the common shares by the investment company, commencing at the expiration of the 'lock-up' period. In full payment for the shares of Secured Diversified, the investment company will issue to Secured Diversified unrestricted ordinary at a price per share valued at one pound sterling.
Thirty percent of the investment company's shares will be he"
The investment company will apply for its shares to be admitted to trading on the London Stock Exchange as an investment trust. The investment company has been established specifically to invest in U.S. micro cap companies with long term growth potential. The investment company expects its shares to be trading on the London Stock Exchange by September 30, 2004.
'This investment will enhance our balance sheet, increase our access to cash and also improve our ability to acquire additional properties,' said Clifford L. Strand, President of Secured Diversified Investment.
The investment company has entered into a 'lock-up' agreement with Secured Diversified Investment pursuant to which it has agreed not to trade Secured Diversified shares it will receive as a result of this transaction for a period of one year from the closing date. Secured Diversified Investment has agreed to file a registration statement with the SEC allowing the public resale of the common shares by the investment company, commencing at the expiration of the 'lock-up' period. In full payment for the shares of Secured Diversified, the investment company will issue to Secured Diversified unrestricted ordinary at a price per share valued at one pound sterling.
Thirty percent of the investment company's shares will be he"
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ACPL Otcbb Penny Stock
Accident Prevention Plus, Inc. Announces Distribution Agreement for France, Belgium, Italy and the Netherlands: "JUPITER, Fla.--(BUSINESS WIRE)--Sept. 2, 2004--Accident Prevention Plus, Inc. (OTCBB:ACPL) has entered into a distribution agreement with Jean Paul Daveau. This agreement is for the distribution rights of the newest APP product, TSTI Interface to the trucking industry, retail, sub-distributors, commercial fleets and government agencies.
To date, Mr. Daveau has met with several organizations that have an overwhelming need for this product. Mr. Daveau has working liaisons with the French government, training companies and retail operations, as this product is part of the regulations recently mandated by the French. The TSTI Interface is instrumental in promoting safety on the road today. There have been talks with the federal government agencies expressing concern over highway safety and felt that the TSTI Interface technology was practical and essential.
Accident Prevention Plus, Inc. designs, develops, and markets a comprehensive line of onboard computer recording systems and fuel monitoring systems for commercial and fleet vehicles. These systems were designed to promote safe and efficient driving practices, provide security for unauthorized operational use of a vehicle, automatically monitor and record vehicle operational data for accident prevention; driver training, driver evaluation, maintenance purposes and GPS capabilities are available as one of many options.
The TSTI Interface supports the CAN (Controller Area Network) ISO 11898 protocol. Controller area networks were first developed for use in automobiles, and are composed of a serial bus network of microcontrollers that connects devices, sensors and actuators in a system or "
To date, Mr. Daveau has met with several organizations that have an overwhelming need for this product. Mr. Daveau has working liaisons with the French government, training companies and retail operations, as this product is part of the regulations recently mandated by the French. The TSTI Interface is instrumental in promoting safety on the road today. There have been talks with the federal government agencies expressing concern over highway safety and felt that the TSTI Interface technology was practical and essential.
Accident Prevention Plus, Inc. designs, develops, and markets a comprehensive line of onboard computer recording systems and fuel monitoring systems for commercial and fleet vehicles. These systems were designed to promote safe and efficient driving practices, provide security for unauthorized operational use of a vehicle, automatically monitor and record vehicle operational data for accident prevention; driver training, driver evaluation, maintenance purposes and GPS capabilities are available as one of many options.
The TSTI Interface supports the CAN (Controller Area Network) ISO 11898 protocol. Controller area networks were first developed for use in automobiles, and are composed of a serial bus network of microcontrollers that connects devices, sensors and actuators in a system or "
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EVSC Otcbb Penny Stock
Endovasc Inc. Makes Front Page News in BioWorld Today: "MONTGOMERY, Texas--(BUSINESS WIRE)--Sept. 2, 2004--Endovasc Inc. (OTCBB:EVSC), a drug development company that pioneers new cardiovascular and metabolic drug therapies, reported that on Aug. 20, 2004, BioWorld Today, a respected biotech newspaper, included a feature article revealing the results from the Phase II clinical trials.
In the BioWorld Today article the promising results of the Phase II clinical trials were announced, showing that the Phase II study was concluded successfully with results, from the 73 patients completing the trial. The results show significant improvements in both the mean walking distance and pain-free walking distance, the primary end points of trial. The three-month trial consisted of ten patient visits over twelve weeks. The Company is pleased to announce that the Maximum Walking Distance increased over 100% and the average Pain Free Maximum Walking Distance increased almost 200%. In addition, patient response to the trial PADWIQ standard questionnaire revealed significant day-to-day quality of life improvements as indicated by an increase in their overall walking distance and walking speed.
According to CEO and President Dr. Diane Dottavio, 'We witnessed a dramatic increase in walking distance and reduction in walking pain after only six treatments of Liprostin. But the most exciting outcome of the trial was that patients continued to improve, during the third month of the trial, even though they were no longer receiving the drug. This reflects highly on Liprostin's encapsulated formulation and validates our delivery method of PGE-1. Due to this unexpected and welcomed patient improvement that continued during the one-month post-treatment evaluation, an extended trial may be "
In the BioWorld Today article the promising results of the Phase II clinical trials were announced, showing that the Phase II study was concluded successfully with results, from the 73 patients completing the trial. The results show significant improvements in both the mean walking distance and pain-free walking distance, the primary end points of trial. The three-month trial consisted of ten patient visits over twelve weeks. The Company is pleased to announce that the Maximum Walking Distance increased over 100% and the average Pain Free Maximum Walking Distance increased almost 200%. In addition, patient response to the trial PADWIQ standard questionnaire revealed significant day-to-day quality of life improvements as indicated by an increase in their overall walking distance and walking speed.
According to CEO and President Dr. Diane Dottavio, 'We witnessed a dramatic increase in walking distance and reduction in walking pain after only six treatments of Liprostin. But the most exciting outcome of the trial was that patients continued to improve, during the third month of the trial, even though they were no longer receiving the drug. This reflects highly on Liprostin's encapsulated formulation and validates our delivery method of PGE-1. Due to this unexpected and welcomed patient improvement that continued during the one-month post-treatment evaluation, an extended trial may be "
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LETH to GEEC Otcbb Penny Stock
Global Environmental Energy Corp. to Trade with New Symbol as OTCBB: GEEC: "NEW ORLEANS, La.--(BUSINESS WIRE)--Sept. 2, 2004--Global Environmental Energy Corp., formerly know as Life Energy & Technology Holdings, Inc. (OTCBB: LETH), today announced its new trading symbol will be OTCBB: GEEC.
About Global Environmental Energy Corp.
Global Environmental Energy Corp (OTCBB: GEEC) intends to become a fully integrated energy company whose interests will include traditional oil and gas and alternative energy sources, environmental infrastructure and electrical micro-power generation. Global Environmental Energy Corp.'s, unique proprietary technology, EcoTechnology(TM), supplies energy through an efficient and environmentally safe process.
The Biosphere Process(TM) System, a central part of the EcoTechnology(TM) system, can safely and efficiently processes traditional and non-traditional waste materials into electricity and other beneficial by-products. The Biosphere Process(TM) can assist in solving the global waste problem by converting into clean, green electricity such waste materials as: municipal solid waste (MSW), agricultural surpluses, agricultural effluents, forestry wastes, sewage sludge, medical waste, industrial wastes, flared natural gas, shale oil, sour natural gas, high sulfur oils, waste bilge oil, waste drilling muds and fluids; and many other traditional and non-traditional waste materials.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and incl"
About Global Environmental Energy Corp.
Global Environmental Energy Corp (OTCBB: GEEC) intends to become a fully integrated energy company whose interests will include traditional oil and gas and alternative energy sources, environmental infrastructure and electrical micro-power generation. Global Environmental Energy Corp.'s, unique proprietary technology, EcoTechnology(TM), supplies energy through an efficient and environmentally safe process.
The Biosphere Process(TM) System, a central part of the EcoTechnology(TM) system, can safely and efficiently processes traditional and non-traditional waste materials into electricity and other beneficial by-products. The Biosphere Process(TM) can assist in solving the global waste problem by converting into clean, green electricity such waste materials as: municipal solid waste (MSW), agricultural surpluses, agricultural effluents, forestry wastes, sewage sludge, medical waste, industrial wastes, flared natural gas, shale oil, sour natural gas, high sulfur oils, waste bilge oil, waste drilling muds and fluids; and many other traditional and non-traditional waste materials.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and incl"
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Coffee Pacifica, Inc. Announces New Vice President of U.S. Sales and Three New Directors
Coffee Pacifica, Inc. Announces New Vice President of U.S. Sales and Three New Directors: "LAS VEGAS--(BUSINESS WIRE)--Sept. 2, 2004--Coffee Pacifica, Inc. (OTCBB:CFPC) has appointed Mr. Kent Jackson as Vice President of U.S. Sales effective September 1, 2004. Mr. Jackson will be based in Kansas City, Kansas, and will be responsible for marketing and sales of our green bean coffee in the continental U.S. Mr. Jackson has 20 years of varied sales experience and has held numerous senior management positions including U.S. Regional Sales Manager of a manufacturing company.
The following individuals, Benard Goma, McKenzie Jiken and Brian Inouye, have also been appointed as Directors of the Company effective August 30, 2004. Coffee Pacifica Inc. is a fully reporting public company and all the filings can be accessed at www.sec.gov.
Shailen Singh, Chairman and CEO, stated: 'I am extremely pleased to announce the appointment of these four individuals. I anticipate the new directors and Vice President of U.S. Sales will provide extremely valuable contributions to our internal and external growth and development of our coffee operations in the United States and Papua New Guinea. These appointments are aimed at strengthening the Company's depth in a way that allows us to address the rapid growth and increasing complexities of a global business. This also allows us to move towards becoming one of the few 'Tree to Cup' coffee Companies operating in the United States.'
Coffee Pacifica, Inc. is a distributor and marketer in the United States and Canada of green bean coffee grown in Papua New Guinea. Green bean coffee in Papua New Guinea is grown by Coffee Pacifica's shareholder/farmers in the Highlands region between the altitudes of 4,000 to 6,000 feet above sea l"
The following individuals, Benard Goma, McKenzie Jiken and Brian Inouye, have also been appointed as Directors of the Company effective August 30, 2004. Coffee Pacifica Inc. is a fully reporting public company and all the filings can be accessed at www.sec.gov.
Shailen Singh, Chairman and CEO, stated: 'I am extremely pleased to announce the appointment of these four individuals. I anticipate the new directors and Vice President of U.S. Sales will provide extremely valuable contributions to our internal and external growth and development of our coffee operations in the United States and Papua New Guinea. These appointments are aimed at strengthening the Company's depth in a way that allows us to address the rapid growth and increasing complexities of a global business. This also allows us to move towards becoming one of the few 'Tree to Cup' coffee Companies operating in the United States.'
Coffee Pacifica, Inc. is a distributor and marketer in the United States and Canada of green bean coffee grown in Papua New Guinea. Green bean coffee in Papua New Guinea is grown by Coffee Pacifica's shareholder/farmers in the Highlands region between the altitudes of 4,000 to 6,000 feet above sea l"
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SSVC Otcbb Penny Stock
Secured Services, Inc. Announces Shawn Kreloff as Co-Chairman; Veteran Executive Brings Strong Business Development Expertise: "NEW YORK--(BUSINESS WIRE)--Sept. 2, 2004--Secured Services Inc. (OTCBB:SSVC), a leader in Identity and Access Management security software and services, announced today the addition of Mr. Shawn Kreloff as Co-Chairman of the board of directors. Kreloff provides strong business development and successful entrepreneurial skills to the board as an outside director.
'Shawn has already been a great help to us as we have progressed,' stated Michael Dubreuil, Chairman of Secured Services. 'Bringing him on board in an official capacity really fortifies our team and will provide our board with the entrepreneurial thinking that has propelled his previous business successes.'
Mr. Kreloff worked at Credit Suisse First Boston from 1986 to 1994, ending his career as VP Global Network Services after building and managing a global computer network of over 50,000 users. He then moved to Bertelsmann, AG Corporate IS, where he was Director of Operations and VP Business Development, assisting in the engineering and negotiations with AOL in the creation of AOL Europe's ISP network, MediaWays. While there, he also assisted in developing business relationships around the globe, with an emphasis on Asia.
In 1996 he founded Gray Peak Technologies, Inc. As Chairman and CEO of the network consulting firm that provided high end consulting to telecomm, financial and other Fortune 1000 companies, he grew the business from five to nearly 300 consultants in 16 months. The firm was then sold to USWeb in 1998 for over $100 million and Mr. Kreloff became a Senior Managing Partner Network Solutions, where he completed three acquisitions in nine months and "
'Shawn has already been a great help to us as we have progressed,' stated Michael Dubreuil, Chairman of Secured Services. 'Bringing him on board in an official capacity really fortifies our team and will provide our board with the entrepreneurial thinking that has propelled his previous business successes.'
Mr. Kreloff worked at Credit Suisse First Boston from 1986 to 1994, ending his career as VP Global Network Services after building and managing a global computer network of over 50,000 users. He then moved to Bertelsmann, AG Corporate IS, where he was Director of Operations and VP Business Development, assisting in the engineering and negotiations with AOL in the creation of AOL Europe's ISP network, MediaWays. While there, he also assisted in developing business relationships around the globe, with an emphasis on Asia.
In 1996 he founded Gray Peak Technologies, Inc. As Chairman and CEO of the network consulting firm that provided high end consulting to telecomm, financial and other Fortune 1000 companies, he grew the business from five to nearly 300 consultants in 16 months. The firm was then sold to USWeb in 1998 for over $100 million and Mr. Kreloff became a Senior Managing Partner Network Solutions, where he completed three acquisitions in nine months and "
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Over-the-Road Trucking Companies See Dramatic Fuel Savings
Over-the-Road Trucking Companies See Dramatic Fuel Savings: "Over-the-Road Trucking Companies See Dramatic Fuel Savings
RADCLIFFE, Iowa--(BUSINESS WIRE)--Sept. 2, 2004--Mirenco, Inc., (OTCBB:MREO) Client Ramthun Trucking, Manson, Iowa, not only increased miles per gallon by over 14% or 3/4 a mile per gallon but also anticipates saving approximately 2,300 gallons of fuel in one year by installing DriverMax(R).
'I drive approximately 100,000 miles a year so if fuel stays around $1.80 per gallon, that could mean over $4,000 in annual savings for me,' said Dennis Ramthun, owner/operator and driving for Ramthun Trucking.
The DriverMax(R) technology is a patented programmable fuel management system that matches fuel flow with fuel demand to allow an engine to operate as efficiently as possible.
Having heard about Ramthun's results, Steve Meimann of Meimann Farms, Zearing, Iowa, decided this was an opportunity he couldn't pass up. 'Since putting DriverMax(R) on, I am getting 7.34 miles per gallon compared to about 6.8 miles per gallon before. I think it's great! If it continues like this, it will pay for itself in no time.'
DriverMax(R) was co-developed with the Department of Energy by the same team that makes missile guidance systems. This technology was also acknowledged by the Department of Energy as one of the '100 Best Technologies In The 20th Century.'
About Mirenco
Mirenco is a Radcliffe, Iowa-based company that specializes in patented vehicle management technology and consultative services for reducing vehicle emissions, improving fuel economy and lengthening the service life of heavy-duty diesel vehicles. More information is available at www.mirenco.com, or via e-mail at info"
RADCLIFFE, Iowa--(BUSINESS WIRE)--Sept. 2, 2004--Mirenco, Inc., (OTCBB:MREO) Client Ramthun Trucking, Manson, Iowa, not only increased miles per gallon by over 14% or 3/4 a mile per gallon but also anticipates saving approximately 2,300 gallons of fuel in one year by installing DriverMax(R).
'I drive approximately 100,000 miles a year so if fuel stays around $1.80 per gallon, that could mean over $4,000 in annual savings for me,' said Dennis Ramthun, owner/operator and driving for Ramthun Trucking.
The DriverMax(R) technology is a patented programmable fuel management system that matches fuel flow with fuel demand to allow an engine to operate as efficiently as possible.
Having heard about Ramthun's results, Steve Meimann of Meimann Farms, Zearing, Iowa, decided this was an opportunity he couldn't pass up. 'Since putting DriverMax(R) on, I am getting 7.34 miles per gallon compared to about 6.8 miles per gallon before. I think it's great! If it continues like this, it will pay for itself in no time.'
DriverMax(R) was co-developed with the Department of Energy by the same team that makes missile guidance systems. This technology was also acknowledged by the Department of Energy as one of the '100 Best Technologies In The 20th Century.'
About Mirenco
Mirenco is a Radcliffe, Iowa-based company that specializes in patented vehicle management technology and consultative services for reducing vehicle emissions, improving fuel economy and lengthening the service life of heavy-duty diesel vehicles. More information is available at www.mirenco.com, or via e-mail at info"
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Bio-Life Labs Announces First Public Presentation of Data on Flagship Skin Cancer Product, Carcinoderm
Bio-Life Labs Announces First Public Presentation of Data on Flagship Skin Cancer Product, Carcinoderm: "Bio-Life Labs, Inc. (OTCBB:BLFE) today announced the presentation of data on the Company's first forthcoming product, Carcinoderm(TM), a topical treatment that destroys skin cancer cells in a one-time application without harming surrounding healthy tissue. The data was presented in an August 13 speech at the 56th Annual Meeting of the Pacific Dermatologic Association (PDA) in Newport Beach, California.
In her presentation regarding future topical treatment options for skin cancers, Karen F. Han, M.D., Ph.D., a certified clinical dermatologist at the Palo Alto Medical Foundation, communicated FDA-conforming research by Dr. David Karam, M.D., Ph.D., that described Carcinoderm as 'acting only on tumor cells in a receptor-specific fashion' in 'a single application causing primary necrosis within 90 minutes.' In describing Dr. Karam's current 'open-label trial on over 900 basal cell carcinoma, squamous cell carcinoma and malignant melanoma' patients, her speech relayed '88% post-treatment negative biopsies showing no active cancer cells in all categories.'
'Should it prove as effective as early trials indicate, and if dermatologists can be convinced to use it, I think that Carcinoderm will dramatically change the way we approach skin cancer,' said Dr. Han, who foresees its use as an alternative to surgery.
The American Cancer Society estimates that during 2004 approximately one million new cases of basal cell or squamous cell carcinoma and about 59,350 new cases of malignant melanoma, the deadliest type of skin cancer, will be diagnosed. The ACS further estimates that skin cancer will claim the lives of approximately 9,800 Americans"
In her presentation regarding future topical treatment options for skin cancers, Karen F. Han, M.D., Ph.D., a certified clinical dermatologist at the Palo Alto Medical Foundation, communicated FDA-conforming research by Dr. David Karam, M.D., Ph.D., that described Carcinoderm as 'acting only on tumor cells in a receptor-specific fashion' in 'a single application causing primary necrosis within 90 minutes.' In describing Dr. Karam's current 'open-label trial on over 900 basal cell carcinoma, squamous cell carcinoma and malignant melanoma' patients, her speech relayed '88% post-treatment negative biopsies showing no active cancer cells in all categories.'
'Should it prove as effective as early trials indicate, and if dermatologists can be convinced to use it, I think that Carcinoderm will dramatically change the way we approach skin cancer,' said Dr. Han, who foresees its use as an alternative to surgery.
The American Cancer Society estimates that during 2004 approximately one million new cases of basal cell or squamous cell carcinoma and about 59,350 new cases of malignant melanoma, the deadliest type of skin cancer, will be diagnosed. The ACS further estimates that skin cancer will claim the lives of approximately 9,800 Americans"
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Wireless Age Communications, Inc. Announces Investor Conference Call, Hosted by Company CEO, John G. Simmonds
Wireless Age Communications, Inc. Announces Investor Conference Call, Hosted by Company CEO, John G. Simmonds: "Wireless Age Communications, Inc. Announces Investor Conference Call, Hosted by Company CEO, John G. Simmonds
TORONTO--(BUSINESS WIRE)--Sept. 2, 2004--Wireless Age Communications, Inc. (OTCBB: WLSA), today announced an investor conference call to be held at 4:15 p.m. Eastern Standard Time on Thursday, September 9, 2004. Wireless Age's CEO, John G. Simmonds will host the call.
Wireless Age is in the business of operating retail cellular and telecommunications outlets in cities in Western Canada, and also in the wholesale business of distributing prepaid phone cards, wireless accessories, land mobile radios and various battery and ancillary electronics products in Canada.
Interested parties may hear the conference call by telephone.
Instructions for hearing the conference call:
To hear the conference call as it takes place:
Call 1-800-434-1335 in the United States or Canada or;
Call 1-404-920-6620 in the Atlanta Area or Internationally
Pin Code: 571321
Exclusive: For expedited entry into the Conference, please
register via this link ( www.AccuConference.com/WLSA ) for your
Direct Access 800 number.'
To hear a recording of the call (available immediately following the
call by telephone for 30 days after the call takes place):
Call 1-800-977-8002 in the United States or Canada or;
Call 1-404-920-6650 in the Atlanta Area or Internationally
Pin Code: Press (star) then 571321
TORONTO--(BUSINESS WIRE)--Sept. 2, 2004--Wireless Age Communications, Inc. (OTCBB: WLSA), today announced an investor conference call to be held at 4:15 p.m. Eastern Standard Time on Thursday, September 9, 2004. Wireless Age's CEO, John G. Simmonds will host the call.
Wireless Age is in the business of operating retail cellular and telecommunications outlets in cities in Western Canada, and also in the wholesale business of distributing prepaid phone cards, wireless accessories, land mobile radios and various battery and ancillary electronics products in Canada.
Interested parties may hear the conference call by telephone.
Instructions for hearing the conference call:
To hear the conference call as it takes place:
Call 1-800-434-1335 in the United States or Canada or;
Call 1-404-920-6620 in the Atlanta Area or Internationally
Pin Code: 571321
Exclusive: For expedited entry into the Conference, please
register via this link ( www.AccuConference.com/WLSA ) for your
Direct Access 800 number.'
To hear a recording of the call (available immediately following the
call by telephone for 30 days after the call takes place):
Call 1-800-977-8002 in the United States or Canada or;
Call 1-404-920-6650 in the Atlanta Area or Internationally
Pin Code: Press (star) then 571321
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Westborough Financial Services, Inc. Announces Quarterly Cash Dividend
Westborough Financial Services, Inc. Announces Quarterly Cash Dividend: "Westborough Financial Services, Inc. Announces Quarterly Cash Dividend
WESTBOROUGH, Mass.--(BUSINESS WIRE)--Sept. 2, 2004--Westborough Financial Services, Inc. (OTCBB: WFSM) (the 'Company'), the holding company for The Westborough Bank (the 'Bank'), today declared a quarterly cash dividend on its common stock of five cents, ($0.05) per share for stockholders of record at the close of business on September 9, 2004. The dividend is payable on September 23, 2004.
On a consolidated basis at June 30, 2004, the Company had assets of approximately $263.2 million and deposits and stockholders' equity of approximately $214.7 million and $27.9 million, respectively. The Company had previously announced earnings per share (dilutive) for the three-months ended June 30, 2004 of $0.13 on net income of $210 thousand, as compared to $0.15 per share on net income of $227 thousand for three-months ended June 30, 2003. For nine-months ended June 30, 2004, the Company had earnings per share (dilutive) of $0.55 on net income of $858 thousand, as compared to $0.44 per share on net income of $684 thousand for nine-months ended June 30, 2003.
The Company's President and Chief Executive Officer, Joseph F. MacDonough stated, 'Management and our board of directors remains committed to providing a superior long-term total return to our shareholders and delivering the highest quality of service to our customers.'
The Bank is a Massachusetts-chartered stock bank headquartered in Westborough, Massachusetts, and operates four full-service branches located in Westborough, Northborough, and Shrewsbury, Massachusetts. The Bank's dep"
WESTBOROUGH, Mass.--(BUSINESS WIRE)--Sept. 2, 2004--Westborough Financial Services, Inc. (OTCBB: WFSM) (the 'Company'), the holding company for The Westborough Bank (the 'Bank'), today declared a quarterly cash dividend on its common stock of five cents, ($0.05) per share for stockholders of record at the close of business on September 9, 2004. The dividend is payable on September 23, 2004.
On a consolidated basis at June 30, 2004, the Company had assets of approximately $263.2 million and deposits and stockholders' equity of approximately $214.7 million and $27.9 million, respectively. The Company had previously announced earnings per share (dilutive) for the three-months ended June 30, 2004 of $0.13 on net income of $210 thousand, as compared to $0.15 per share on net income of $227 thousand for three-months ended June 30, 2003. For nine-months ended June 30, 2004, the Company had earnings per share (dilutive) of $0.55 on net income of $858 thousand, as compared to $0.44 per share on net income of $684 thousand for nine-months ended June 30, 2003.
The Company's President and Chief Executive Officer, Joseph F. MacDonough stated, 'Management and our board of directors remains committed to providing a superior long-term total return to our shareholders and delivering the highest quality of service to our customers.'
The Bank is a Massachusetts-chartered stock bank headquartered in Westborough, Massachusetts, and operates four full-service branches located in Westborough, Northborough, and Shrewsbury, Massachusetts. The Bank's dep"
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SBBK Otcbb Penny Stock
Security Business Bank of San Diego Expands Lending Group to Better Meet the Needs of Small Businesses: "Security Business Bank of San Diego Expands Lending Group to Better Meet the Needs of Small Businesses
SAN DIEGO--(BUSINESS WIRE)--Sept. 2, 2004--Security Business Bank of San Diego (OTCBB:SBBK) today announced it has hired banking veteran Tom Welch and his team of professionals to expand its Small Business Administration (SBA) Lending efforts.
Welch will act as Senior Vice President of SBA Lending and will be supported by a strong team of experienced bankers specializing in SBA 7a and 504 lending programs. This experienced team will assist in expanding the Bank's presence in the SBA lending arena throughout San Diego County.
'I'm proud to be joining a community-oriented bank like Security Business Bank,' said Welch. 'The bank itself is an example of a successful small business. The management team places a strong emphasis on reaching out to other small businesses and providing them with the financial assistance they need to grow.'
Welch brings to Security Business Bank over 25 years of experience in banking, including 15 years in SBA lending. He has served locally in executive positions with Cuyamaca Bank and Scripps Bank, and with other banks throughout California.
'We're excited to have Tom Welch and his capable team with us at Security Business Bank,' said Paul Rodeno, President and CEO of Security Business Bank. 'Tom's success at several local banks as well as his extensive contacts and broad experience will be a strong asset for the Bank as we continue to develop and grow our small business lending program throughout San Diego County.'
Welch was co-chair of the Executive Club of the Greater San Diego Chamber of Commerce, "
SAN DIEGO--(BUSINESS WIRE)--Sept. 2, 2004--Security Business Bank of San Diego (OTCBB:SBBK) today announced it has hired banking veteran Tom Welch and his team of professionals to expand its Small Business Administration (SBA) Lending efforts.
Welch will act as Senior Vice President of SBA Lending and will be supported by a strong team of experienced bankers specializing in SBA 7a and 504 lending programs. This experienced team will assist in expanding the Bank's presence in the SBA lending arena throughout San Diego County.
'I'm proud to be joining a community-oriented bank like Security Business Bank,' said Welch. 'The bank itself is an example of a successful small business. The management team places a strong emphasis on reaching out to other small businesses and providing them with the financial assistance they need to grow.'
Welch brings to Security Business Bank over 25 years of experience in banking, including 15 years in SBA lending. He has served locally in executive positions with Cuyamaca Bank and Scripps Bank, and with other banks throughout California.
'We're excited to have Tom Welch and his capable team with us at Security Business Bank,' said Paul Rodeno, President and CEO of Security Business Bank. 'Tom's success at several local banks as well as his extensive contacts and broad experience will be a strong asset for the Bank as we continue to develop and grow our small business lending program throughout San Diego County.'
Welch was co-chair of the Executive Club of the Greater San Diego Chamber of Commerce, "
Investor Relations and Public shell companies traded on the Otcbb for Reverse Mergers
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CIGI OTCBB Penny Stock
Coach Industries Group Announces Board of Director Appointments: "Coach Industries Group Announces Board of Director Appointments
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 2, 2004--Coach Industries Group, Inc. (OTCBB:CIGI) ('Coach') a holding company focused on providing financial services and the manufacturing and sales of luxury limousine and specialty vehicles, announced today the appointment of three members to the Board of Directors of the Company effective September 1, 2004.
Francis O'Donnell, Chairman and Chief Executive Officer of Coach comments, 'In 2004 we delivered to our shareholders on promises to create a corporation focused on providing financial services and solutions to Commercial Fleet Operators. The Company successfully integrated two of the premier manufacturing companies in the Limousine Manufacturing Industry, Springfield Coach Industries and Commercial Transportation Manufacturing Corporation; secured warehouse lending facilities from Sovereign Bank to support our automotive lease product; and created Coach Financial Services to further develop financial services that satisfy the needs of Commercial Fleet Operators. In any business, a measure of success is the quality of the people a company attracts.' O'Donnell further stated, 'Today we deliver to our shareholders an experienced management team capable of driving our business and helping to create extraordinary share holder value.'
John Gore served as the President of Coach Financial Services since July 2004. Mr. Gore has 24 years of experience in the limousine manufacturing industry and as a provider of financial services to the limousine and transportation industry. From 1994 to 2003, Mr. Gore was the co-founder and Chief Executive Officer of United States Coach Wo"
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 2, 2004--Coach Industries Group, Inc. (OTCBB:CIGI) ('Coach') a holding company focused on providing financial services and the manufacturing and sales of luxury limousine and specialty vehicles, announced today the appointment of three members to the Board of Directors of the Company effective September 1, 2004.
Francis O'Donnell, Chairman and Chief Executive Officer of Coach comments, 'In 2004 we delivered to our shareholders on promises to create a corporation focused on providing financial services and solutions to Commercial Fleet Operators. The Company successfully integrated two of the premier manufacturing companies in the Limousine Manufacturing Industry, Springfield Coach Industries and Commercial Transportation Manufacturing Corporation; secured warehouse lending facilities from Sovereign Bank to support our automotive lease product; and created Coach Financial Services to further develop financial services that satisfy the needs of Commercial Fleet Operators. In any business, a measure of success is the quality of the people a company attracts.' O'Donnell further stated, 'Today we deliver to our shareholders an experienced management team capable of driving our business and helping to create extraordinary share holder value.'
John Gore served as the President of Coach Financial Services since July 2004. Mr. Gore has 24 years of experience in the limousine manufacturing industry and as a provider of financial services to the limousine and transportation industry. From 1994 to 2003, Mr. Gore was the co-founder and Chief Executive Officer of United States Coach Wo"
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Clearly Canadian Beverage Corporation OTCBB Penny Stock
Clearly Canadian Beverage Corporation Press Release: "Clearly Canadian Beverage Corporation Press Release
Clearly Canadian Beverage Corporation
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 2, 2004--Clearly Canadian Beverage Corporation (TSX:CLV)(OTCBB:CCBC) wishes to issue the following clarification to its release BW5426 (CLEARLY-CANADIAN) 'Douglas Mason Settles Proceedings with the British Columbia Securities Commission' issued Thursday, August 26, 2004:
Clearly Canadian Beverage Corporation (TSX: CLV)(OTCBB: CCBC) reports that it has been requested by Toronto Stock Exchange ('Exchange') to provide a clarification to its News Release dated August 26, 2004, in which it reported that Douglas Mason, the Company's President, Chief Executive Officer and Director, had entered into a settlement agreement ('Settlement') with the British Columbia Securities Commission (the 'Commission'). The Company reported in its previous News Release that it was pleased that the Settlement permits Mr. Mason to continue in his role as the Chief Executive Officer, President and Director of Clearly Canadian. The Company further reports that the Settlement restricts Mr. Mason from serving as a director or officer of any other issuer for a period of 12 months, other than for Clearly Canadian and for Columbia Yukon Explorations, Inc. ('Columbia Yukon'); from trading, directly or indirectly, in securities for a period of 12 months, other than trading which takes place through accounts held at a single registered dealer acceptable to the Commission; and from engaging in investor relations activities for a period of 12 months, except for investor relations activities with Clearly Canadian and Columbia Yukon"
Clearly Canadian Beverage Corporation
Valerie Samson
Manager, Communications
(800) 663-5658 (USA) or (800) 663-0227 (Canada)
Fax: (604) 922-8195
Email: vsamson@clearly.ca
OR
Clearly Canadian Beverage Corporation
Clive Shallow
Manager, Shareholder Relations
(800) 663-5658 (USA) or (800) 663-0227 (Canada)
Fax: (604) 922-8195
Email: cshallow@clearly.ca
Website: www.clearly.ca
Clearly Canadian Beverage Corporation
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 2, 2004--Clearly Canadian Beverage Corporation (TSX:CLV)(OTCBB:CCBC) wishes to issue the following clarification to its release BW5426 (CLEARLY-CANADIAN) 'Douglas Mason Settles Proceedings with the British Columbia Securities Commission' issued Thursday, August 26, 2004:
Clearly Canadian Beverage Corporation (TSX: CLV)(OTCBB: CCBC) reports that it has been requested by Toronto Stock Exchange ('Exchange') to provide a clarification to its News Release dated August 26, 2004, in which it reported that Douglas Mason, the Company's President, Chief Executive Officer and Director, had entered into a settlement agreement ('Settlement') with the British Columbia Securities Commission (the 'Commission'). The Company reported in its previous News Release that it was pleased that the Settlement permits Mr. Mason to continue in his role as the Chief Executive Officer, President and Director of Clearly Canadian. The Company further reports that the Settlement restricts Mr. Mason from serving as a director or officer of any other issuer for a period of 12 months, other than for Clearly Canadian and for Columbia Yukon Explorations, Inc. ('Columbia Yukon'); from trading, directly or indirectly, in securities for a period of 12 months, other than trading which takes place through accounts held at a single registered dealer acceptable to the Commission; and from engaging in investor relations activities for a period of 12 months, except for investor relations activities with Clearly Canadian and Columbia Yukon"
Clearly Canadian Beverage Corporation
Valerie Samson
Manager, Communications
(800) 663-5658 (USA) or (800) 663-0227 (Canada)
Fax: (604) 922-8195
Email: vsamson@clearly.ca
OR
Clearly Canadian Beverage Corporation
Clive Shallow
Manager, Shareholder Relations
(800) 663-5658 (USA) or (800) 663-0227 (Canada)
Fax: (604) 922-8195
Email: cshallow@clearly.ca
Website: www.clearly.ca
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21st Century's prizeWise Confirms Servers Online, OTCBB Penny Stocks
21st Century's prizeWise Confirms Servers Online, Optimization Underway: "September 02, 2004 08:00 AM US Eastern Timezone
21st Century's prizeWise Confirms Servers Online, Optimization Underway
LAS VEGAS--(BUSINESS WIRE)--Sept. 2, 2004--21st Century Technologies, Inc.'s (OTC:BB TFCT.OB) portfolio investment company, prizeWise, Inc. announced today that its new server cluster was successfully installed Wednesday evening.
Though the switchover caused scattered incidents where the Web site was unavailable, none of the occurrences disabled the site for extended periods of time.
Steve Rinehart, president of prizeWise, said that this is 'the first in several steps prizeWise is taking to optimize the site and increase its usability.
'We're also reprogramming the site in ASP.Net, which will free up server resources and significantly reduce page load times,' he continued.
The updated code will be placed on the Web site piece by piece as it is developed and tested by prizeWise programmers. Once completed, the optimization is expected to increase site performance by 200 - 500%.
21st Century Technologies is a Business Development Company, operated pursuant to the Investment Companies Act of 1940. It holds various enterprises as investments and seeks to grow companies in which it has an interest.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technolog"
21st Century's prizeWise Confirms Servers Online, Optimization Underway
LAS VEGAS--(BUSINESS WIRE)--Sept. 2, 2004--21st Century Technologies, Inc.'s (OTC:BB TFCT.OB) portfolio investment company, prizeWise, Inc. announced today that its new server cluster was successfully installed Wednesday evening.
Though the switchover caused scattered incidents where the Web site was unavailable, none of the occurrences disabled the site for extended periods of time.
Steve Rinehart, president of prizeWise, said that this is 'the first in several steps prizeWise is taking to optimize the site and increase its usability.
'We're also reprogramming the site in ASP.Net, which will free up server resources and significantly reduce page load times,' he continued.
The updated code will be placed on the Web site piece by piece as it is developed and tested by prizeWise programmers. Once completed, the optimization is expected to increase site performance by 200 - 500%.
21st Century Technologies is a Business Development Company, operated pursuant to the Investment Companies Act of 1940. It holds various enterprises as investments and seeks to grow companies in which it has an interest.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technolog"
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Denny's Reports August Same-Store Sales Otcbb Penny Stock DNYY
Denny's Reports August Same-Store Sales: "
September 02, 2004 04:50 PM US Eastern Timezone
Denny's Reports August Same-Store Sales
SPARTANBURG, S.C.--(BUSINESS WIRE)--Sept. 2, 2004--Denny's Corporation (OTCBB: DNYY) today reported same-store sales for its company-owned Denny's restaurants during the four-week and eight-week periods ended August 25, 2004, compared with the related periods in fiscal year 2003.
Sales: Four Weeks Eight Weeks
August 2004 QTD 2004
---------------------------- ---------------- ---------------
Same-Store Sales 4.3% 6.7%
Guest Check Average 3.3% 3.3%
Guest Counts 0.9% 3.2%
Restaurant Counts: 8/25/04 12/31/03
---------------------------- ---------------- ---------------
Company-owned 553 561
Franchised and Licensed 1,059 1,077
---------------- ---------------
1,612 1,638
Denny's is America's largest full-service family restaurant chain, consisting of 553 company-owned units and 1,059 franchised and licensed units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico. For further information on Denny's, including news releases, links to SEC filings and other financial information, please visit our website at
http://www.dennys.com.
Contacts
Denny's Corporation
Investor Contact: Ken Jones, 864-597-8658
Media Contact: Debbie Atkins, 864-597-8361
September 02, 2004 04:50 PM US Eastern Timezone
Denny's Reports August Same-Store Sales
SPARTANBURG, S.C.--(BUSINESS WIRE)--Sept. 2, 2004--Denny's Corporation (OTCBB: DNYY) today reported same-store sales for its company-owned Denny's restaurants during the four-week and eight-week periods ended August 25, 2004, compared with the related periods in fiscal year 2003.
Sales: Four Weeks Eight Weeks
August 2004 QTD 2004
---------------------------- ---------------- ---------------
Same-Store Sales 4.3% 6.7%
Guest Check Average 3.3% 3.3%
Guest Counts 0.9% 3.2%
Restaurant Counts: 8/25/04 12/31/03
---------------------------- ---------------- ---------------
Company-owned 553 561
Franchised and Licensed 1,059 1,077
---------------- ---------------
1,612 1,638
Denny's is America's largest full-service family restaurant chain, consisting of 553 company-owned units and 1,059 franchised and licensed units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico. For further information on Denny's, including news releases, links to SEC filings and other financial information, please visit our website at
http://www.dennys.com.
Contacts
Denny's Corporation
Investor Contact: Ken Jones, 864-597-8658
Media Contact: Debbie Atkins, 864-597-8361
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