BNP Paribas is considering a bid for Societe Generale - Bloomberg.comBriefing.com "Inplay "
Bloomberg.com reports BNP Paribas is considering a bid for Societe Generale, the bank that last week reported a record trading loss. BNP Paribas is studying a possible offer as other European banks do the same. The comments sent Societe Generale higher for a third day in Paris trading. The $7.3 bln loss from unauthorized trading raised questions about management oversight and may have left the bank vulnerable to a takeover. The trading loss forced Chairman Daniel Bouton to turn to shareholders for 5.5 bln euros in a stock offering to replenish capital, but board says Societe Generale has enough funds to remain independent and is in 'good health.' Prime Minister Francois Fillon told Parliament this week that the government will ensure that Societe Generale remains in French hands, encouraging speculation that the government favors a combination with BNP Paribas to ward off a foreign suitor.
Thursday, January 31, 2008
Peak International Sets Time for Discussion of Third Quarter Fiscal 2008 Financial Results PR Newswire "US Press Releases "
Peak International Sets Time for Discussion of Third Quarter Fiscal 2008 Financial ResultsPR Newswire "US Press Releases "
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ -- Peak International Limited (Nasdaq: PEAK), today announced that financial results for the third quarter of fiscal year 2008 ended December 31, 2007 will be released after the market closes on Wednesday, January 30, 2008. A conference call to discuss the results of the quarter will be held the following morning on Thursday, January 31, 2008 at 10:00 AM ET.
To access the teleconference, please call (888) 413-9033 (domestic) or (706) 679-5076 (international). To listen to the teleconference via the Internet, go to http://investors.peakinternational.com/ and click on the third quarter 2008 teleconference link.
A replay of the call will be available at (800) 642-1687 (domestic) or (706) 645-9291 (international), access number 32156216 for 3 days following the call, and the web cast will be archived on the company's website, http://investors.peakinternational.com/, for 30 days.
About Peak International Limited
Peak International Limited (http://www.peakinternational.com) is a leading supplier of precision-engineered packaging products for storage, transportation and automated handling of disk drive components, semiconductor devices, wafer fab products as well as precision medical products. There are approximately 1,400 people who work directly or indirectly for Peak worldwide and its headquarters are in Hong Kong with major manufacturing operations in Shenzhen, the PRC, which is operated pursuant to a processing agreement with an unaffiliated party. Peak operates warehouses throughout the world and offers JIT services to some of the world's largest disk drive and other companies. Contacts
John Supan Joe Diaz
CFO Lytham Partners, LLC
Peak International Limited, Hong Kong 602-889-9700
+852-3193-6000
SOURCE Peak International Limited
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ -- Peak International Limited (Nasdaq: PEAK), today announced that financial results for the third quarter of fiscal year 2008 ended December 31, 2007 will be released after the market closes on Wednesday, January 30, 2008. A conference call to discuss the results of the quarter will be held the following morning on Thursday, January 31, 2008 at 10:00 AM ET.
To access the teleconference, please call (888) 413-9033 (domestic) or (706) 679-5076 (international). To listen to the teleconference via the Internet, go to http://investors.peakinternational.com/ and click on the third quarter 2008 teleconference link.
A replay of the call will be available at (800) 642-1687 (domestic) or (706) 645-9291 (international), access number 32156216 for 3 days following the call, and the web cast will be archived on the company's website, http://investors.peakinternational.com/, for 30 days.
About Peak International Limited
Peak International Limited (http://www.peakinternational.com) is a leading supplier of precision-engineered packaging products for storage, transportation and automated handling of disk drive components, semiconductor devices, wafer fab products as well as precision medical products. There are approximately 1,400 people who work directly or indirectly for Peak worldwide and its headquarters are in Hong Kong with major manufacturing operations in Shenzhen, the PRC, which is operated pursuant to a processing agreement with an unaffiliated party. Peak operates warehouses throughout the world and offers JIT services to some of the world's largest disk drive and other companies. Contacts
John Supan Joe Diaz
CFO Lytham Partners, LLC
Peak International Limited, Hong Kong 602-889-9700
+852-3193-6000
SOURCE Peak International Limited
Telekom Austria Group: Telekom Austria Continues aonTV Rollout M2 "Press Wire "
Telekom Austria Group: Telekom Austria Continues aonTV RolloutM2 "Press Wire " M2 PressWIRE - January 31, 2008 - - Roughly 1,000 new customers per week- Expansion of TV channels to almost 100
- 500 movies in the video library
- Availability to 50% of all Austrian households by the end of 2008
- Telekom Austria as major digital cable network provider by year-end
- Cooperation with On Demand Deutschland (ODD) enables early availability of blockbusters within the aonTV video library
Vienna -- The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced that its fixed net subsidiary, Telekom Austria TA AG, is focusing on the further expansion of its TV service aonTV in terms of coverage, number of TV channels and video library portfolio as well as new features.
Hannes Ametsreiter, CMO Telekom Austria and CMO mobilkom austria, said: "An important milestone for 2008 is the expansion of aonTV coverage to rural areas. By year-end, aonTV will be made available to 50% of all Austrian households. Currently, roughly 1,000 new customers per week opt for aonTV. Our goal is to become Austria's major digital cable network provider by the end of the year."
Cooperation with ODD makes aonTV video library unique
In addition to the Austria-wide rollout of the service, a further focus area is represented by the expansion of the aonTV portfolio. Through the cooperation with On Demand Deutschland (ODD), a joint venture of the international media company On Demand Group and Tele Munchen Group, the aonTV video library will become a unique video-on-demand service with unparalleled range and quality in Austria.
"Thanks to the cooperation with ODD our customers will be able to choose among 500 movies by year-end. Current blockbusters as well as independent productions will be available much earlier, almost simultaneously with the market appearance of the DVD and for a similar price," continued Hannes Ametsreiter.
"We are very delighted to work with Telekom Austria, as aonTV is a pioneering service for the VOD market in Austria," said Tony Kelly and Bernd Schl tterer, Managing Directors On Demand Deutschland.
HD quality for even more entertainment In addition, numerous Hollywood movies in HD quality will be made available in the course of the year. The aonTV video library encompasses blockbusters, famous TV series and ever-greens, which can be seen in real time for a premium. Thus, viewers can decide when and which movies they want to see, becoming their own programming director. The movie of choice can be stopped at any time, fast-forwarded or rewound, and watched at a later time or more than once within 24 hours after ordering.
Expansion of TV channels to around 100
Besides the expansion of the aonTV video library, the enlargement of the TV channel portfolio will be continued this year. "Our objective is to offer customers a selection of around 100 channels. For us quality is definitely more important than quantity. In addition to variety, customer convenience plays a very important role for us. Any new channel is simply added to the portfolio and made available to the customers without any technical resetting," added Hannes Ametsreiter. Soon the channel portfolio will include the Turkish channel TRT, the Serbian private channel RTS Sat PTC and the Croatian channel HRT as well as "Kinowelt TV", a channel offering high-value cinema movies.
New Features: pause/live
With the pause/live feature, which is currently under development, soon it will be possible to stop and continue watching movies and series whenever one wishes. Currently negotiations with the broadcasting stations are being conducted to get the approval for this feature. A high degree of convenience is guaranteed by this feature, making the aonTV experience more attractive and tailor-made to the individual needs.
About the Telekom Austria Group:
The Telekom Austria Group is Austria's leading provider of telecommunications services. It was listed on the Vienna stock exchange in November 2000. The Group has two main business areas: the fixed net segment encompasses fixed line telephony, data, Internet, security and multimedia services and the mobile communications segment covers mobile communications. The Telekom Austria Group has international operations in the Czech Republic, Croatia, Slovenia, Bulgaria, Liechtenstein, Serbia, Macedonia and Belarus.
((Comments on this story may be sent to info@m2.com))
© 2008 M2 COMMUNICATIONS LTD
- 500 movies in the video library
- Availability to 50% of all Austrian households by the end of 2008
- Telekom Austria as major digital cable network provider by year-end
- Cooperation with On Demand Deutschland (ODD) enables early availability of blockbusters within the aonTV video library
Vienna -- The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced that its fixed net subsidiary, Telekom Austria TA AG, is focusing on the further expansion of its TV service aonTV in terms of coverage, number of TV channels and video library portfolio as well as new features.
Hannes Ametsreiter, CMO Telekom Austria and CMO mobilkom austria, said: "An important milestone for 2008 is the expansion of aonTV coverage to rural areas. By year-end, aonTV will be made available to 50% of all Austrian households. Currently, roughly 1,000 new customers per week opt for aonTV. Our goal is to become Austria's major digital cable network provider by the end of the year."
Cooperation with ODD makes aonTV video library unique
In addition to the Austria-wide rollout of the service, a further focus area is represented by the expansion of the aonTV portfolio. Through the cooperation with On Demand Deutschland (ODD), a joint venture of the international media company On Demand Group and Tele Munchen Group, the aonTV video library will become a unique video-on-demand service with unparalleled range and quality in Austria.
"Thanks to the cooperation with ODD our customers will be able to choose among 500 movies by year-end. Current blockbusters as well as independent productions will be available much earlier, almost simultaneously with the market appearance of the DVD and for a similar price," continued Hannes Ametsreiter.
"We are very delighted to work with Telekom Austria, as aonTV is a pioneering service for the VOD market in Austria," said Tony Kelly and Bernd Schl tterer, Managing Directors On Demand Deutschland.
HD quality for even more entertainment In addition, numerous Hollywood movies in HD quality will be made available in the course of the year. The aonTV video library encompasses blockbusters, famous TV series and ever-greens, which can be seen in real time for a premium. Thus, viewers can decide when and which movies they want to see, becoming their own programming director. The movie of choice can be stopped at any time, fast-forwarded or rewound, and watched at a later time or more than once within 24 hours after ordering.
Expansion of TV channels to around 100
Besides the expansion of the aonTV video library, the enlargement of the TV channel portfolio will be continued this year. "Our objective is to offer customers a selection of around 100 channels. For us quality is definitely more important than quantity. In addition to variety, customer convenience plays a very important role for us. Any new channel is simply added to the portfolio and made available to the customers without any technical resetting," added Hannes Ametsreiter. Soon the channel portfolio will include the Turkish channel TRT, the Serbian private channel RTS Sat PTC and the Croatian channel HRT as well as "Kinowelt TV", a channel offering high-value cinema movies.
New Features: pause/live
With the pause/live feature, which is currently under development, soon it will be possible to stop and continue watching movies and series whenever one wishes. Currently negotiations with the broadcasting stations are being conducted to get the approval for this feature. A high degree of convenience is guaranteed by this feature, making the aonTV experience more attractive and tailor-made to the individual needs.
About the Telekom Austria Group:
The Telekom Austria Group is Austria's leading provider of telecommunications services. It was listed on the Vienna stock exchange in November 2000. The Group has two main business areas: the fixed net segment encompasses fixed line telephony, data, Internet, security and multimedia services and the mobile communications segment covers mobile communications. The Telekom Austria Group has international operations in the Czech Republic, Croatia, Slovenia, Bulgaria, Liechtenstein, Serbia, Macedonia and Belarus.
((Comments on this story may be sent to info@m2.com))
© 2008 M2 COMMUNICATIONS LTD
NewCardio Closes Share Exchange Agreement with Marine Park Holdings Business Wire "US Press Releases "
NewCardio Closes Share Exchange Agreement with Marine Park HoldingsBusiness Wire "US Press Releases "
SAN JOSE, Calif.--(BUSINESS WIRE)--
NewCardio, Inc. announced today the closing of a share exchange agreement with Marine Park Holdings, Inc. (MPHL.OB) whereby NewCardio is now a public company by way of reverse merger. NewCardio's common stock is currently quoted for trading on the Over the Counter Bulletin Board (OTCBB) under the symbol NWCI.OB.
Concurrent with the closing of the agreement, the company completed a private placement financing of $8.2 million of 10% redeemable, non-voting Series A Convertible Preferred Stock, plus warrants. Platinum-Montaur Life Sciences, LLC and Vision Capital Advisors, LLC participated in the financing.
"This is an exciting time for NewCardio as this transaction provides us with the financial flexibility to pursue our strategy and to aggressively participate in the growth of the cardiovascular diagnostic market," said Dr. Branislav Vajdic, NewCardio co-founder, president and CEO.
As part of the transaction, Marine Park acquired all of the issued and outstanding capital stock of NewCardio. Concurrent share transactions with other parties required the cancellation of certain Marine Park shares resulting in an aggregate of 20.2 million shares of common stock issued and outstanding today. As the surviving entity in the transaction, Marine Park assumed the operating business of NewCardio and subsequently changed its name to NewCardio, Inc.
Under the terms of the agreement, Dr. Vajdic remains president, CEO and director of the new entity, with Robert N. Blair as chairman. David Stefansky and Richard Rosenblum resigned as officers and directors of Marine Park.
About NewCardio, Inc.
NewCardio's software and hardware products and services are intended to improve the diagnosis and monitoring of cardiovascular disease (CVD), as well as cardiac safety assessment of drugs under development . The company's 3-dimensional electrocardiogram (ECG) platform reduces the time and expense involved in assessing cardiac status while increasing the ability to diagnose clinically significant conditions previously difficult to detect. NewCardio intends to initially compete in two large segments of the CVD diagnostic market: cardiac safety in drug development, and diagnostics. For more information, visit www.newcardio.com.
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this press release regarding NewCardio's business that are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Specifically, these statements include, but are not limited to those concerning the timing of regulatory approval or commercialization of its products or the achievement of clinical, regulatory or product development milestones. Forward-looking statements are based on management's current, preliminary expectations, and are subject to risks and uncertainties that could cause actual results to differ from the results predicted and which are included in the "Risk Factors" section of our most recent current report on Form 8-K/A. The current report was filed with the SEC on January 22, 2008 and is available on the SEC's website at http://www.sec.gov. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. NewCardio undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.
Source: NewCardio, Inc.
SAN JOSE, Calif.--(BUSINESS WIRE)--
NewCardio, Inc. announced today the closing of a share exchange agreement with Marine Park Holdings, Inc. (MPHL.OB) whereby NewCardio is now a public company by way of reverse merger. NewCardio's common stock is currently quoted for trading on the Over the Counter Bulletin Board (OTCBB) under the symbol NWCI.OB.
Concurrent with the closing of the agreement, the company completed a private placement financing of $8.2 million of 10% redeemable, non-voting Series A Convertible Preferred Stock, plus warrants. Platinum-Montaur Life Sciences, LLC and Vision Capital Advisors, LLC participated in the financing.
"This is an exciting time for NewCardio as this transaction provides us with the financial flexibility to pursue our strategy and to aggressively participate in the growth of the cardiovascular diagnostic market," said Dr. Branislav Vajdic, NewCardio co-founder, president and CEO.
As part of the transaction, Marine Park acquired all of the issued and outstanding capital stock of NewCardio. Concurrent share transactions with other parties required the cancellation of certain Marine Park shares resulting in an aggregate of 20.2 million shares of common stock issued and outstanding today. As the surviving entity in the transaction, Marine Park assumed the operating business of NewCardio and subsequently changed its name to NewCardio, Inc.
Under the terms of the agreement, Dr. Vajdic remains president, CEO and director of the new entity, with Robert N. Blair as chairman. David Stefansky and Richard Rosenblum resigned as officers and directors of Marine Park.
About NewCardio, Inc.
NewCardio's software and hardware products and services are intended to improve the diagnosis and monitoring of cardiovascular disease (CVD), as well as cardiac safety assessment of drugs under development . The company's 3-dimensional electrocardiogram (ECG) platform reduces the time and expense involved in assessing cardiac status while increasing the ability to diagnose clinically significant conditions previously difficult to detect. NewCardio intends to initially compete in two large segments of the CVD diagnostic market: cardiac safety in drug development, and diagnostics. For more information, visit www.newcardio.com.
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this press release regarding NewCardio's business that are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Specifically, these statements include, but are not limited to those concerning the timing of regulatory approval or commercialization of its products or the achievement of clinical, regulatory or product development milestones. Forward-looking statements are based on management's current, preliminary expectations, and are subject to risks and uncertainties that could cause actual results to differ from the results predicted and which are included in the "Risk Factors" section of our most recent current report on Form 8-K/A. The current report was filed with the SEC on January 22, 2008 and is available on the SEC's website at http://www.sec.gov. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. NewCardio undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.
Source: NewCardio, Inc.
SS Recommends Forbes Medi-Tech Shareholders Vote 'FOR' the Proposed Corporate Reorganization CCNMatthews "Canadian Press Releases "
SS Recommends Forbes Medi-Tech Shareholders Vote 'FOR' the Proposed Corporate ReorganizationCCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2008) - Forbes Medi-Tech Inc. (TSX:FMI)(NASDAQ:FMTI) announced today that Institutional Shareholder Services Inc. (ISS) has formally recommended that their clients holding shares in Forbes Medi-Tech vote "FOR" the proposed corporate reorganization. ISS, one of the world's leading providers of corporate governance and proxy voting solutions, conducted an independent and comprehensive analysis of Forbes' proposed corporate reorganization and its impact on shareholders.
"The independent review and recommendation in favor of the corporate reorganization represents a strong endorsement of its strategic benefits to shareholders," said Charles Butt, President and CEO of Forbes Medi-Tech.
As previously announced, the special general meeting of shareholders is to be held February 14, 2008, at 8:00 a.m. PT, at the offices of Farris, Vaughan, Wills & Murphy LLP on the 25th floor, 700 West Georgia Street, Vancouver, B.C. Forbes Medi-Tech shareholders are encouraged to vote for the corporate reorganization by completing, signing, dating and returning their proxy form no later than 8:00 a.m. (Vancouver time) on February 12, 2008. Shareholders requiring assistance in voting their proxies should call the Proxy Solicitation Agent, Kingsdale Shareholder Services Inc., toll-free, at 1-866-639-7993.
About Forbes Medi-Tech Inc.
Forbes Medi-Tech Inc. is a life sciences company dedicated to the research, development and commercialization of innovative products for the prevention and treatment of life-threatening disease. Our strategy and vision is to develop and market a portfolio of products for the benefit of all consumers, from the healthy person desiring consumer lifestyle products that can help reduce the risk of future disease, to medical patients needing therapeutic prescription products for the treatment of an established ailment. Additional information on Forbes Medi-Tech can be found at www.forbesmedi.com.
This News Release contains forward-looking statements and information regarding Forbes proposed Plan of Arrangement and reorganization, Forbes' strategy and vision, and other information related to future periods. Forward-looking statements and information can be identified by the use of forward-looking terminology such as "proposed", "expects", "is to be", "strategy", "vision", or comparable terminology referring to future events or results. Forward-looking statements and information are statements and information about the future and are inherently uncertain. The Company's actual achievements and other results and occurrences could differ materially from those anticipated in these forward-looking statements and information due to a variety of risks, uncertainties and other factors, including, without limitation, uncertainty whether the plan of arrangement will be submitted to shareholders as proposed or at all, or if approved, will be implemented; uncertainty whether all necessary approvals to the plan of arrangement, including regulatory and shareholder approval, will be obtained; the risk that the mailing date, meeting date, and time and/or location of the meeting are subject to change; uncertainty whether the Nasdaq minimum bid price will be achieved and whether the Company's or Newco's shares will remain, or will be, listed on the TSX and/or Nasdaq; the need for additional funding, which may not be available in a timely manner or at all, notwithstanding Newco's ability to offer new financing alternatives; the risk of unanticipated costs or expenses; uncertainty whether the Company will realize is strategies and vision; the need for additional research and development, the outcome of which is uncertain; changes in business strategy or development plans; as well as a description of other risks and uncertainties affecting the Company and its business, as contained in news releases and filings with the United States Securities and Exchange Commission and Canadian Securities Regulatory Authorities, any of which could cause actual results to vary materially from current results or the Company's anticipated future results. Forward-looking statements and information are based on the assumptions, beliefs, opinions and expectations of the Company's management at the time they are made, and the Company does not assume any obligation to update its forward-looking statements or information if those assumptions, beliefs, opinions or expectations or other circumstances should change.
NASDAQ and the Toronto Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this News Release. FOR FURTHER INFORMATION PLEASE CONTACT:
Forbes Medi-Tech Inc.
Darren Seed
Director, Investor Relations
(604) 681-8976
Email: dseed@forbesmedi.com
Website: www.forbesmedi.com
Source: Forbes Medi-Tech Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2008) - Forbes Medi-Tech Inc. (TSX:FMI)(NASDAQ:FMTI) announced today that Institutional Shareholder Services Inc. (ISS) has formally recommended that their clients holding shares in Forbes Medi-Tech vote "FOR" the proposed corporate reorganization. ISS, one of the world's leading providers of corporate governance and proxy voting solutions, conducted an independent and comprehensive analysis of Forbes' proposed corporate reorganization and its impact on shareholders.
"The independent review and recommendation in favor of the corporate reorganization represents a strong endorsement of its strategic benefits to shareholders," said Charles Butt, President and CEO of Forbes Medi-Tech.
As previously announced, the special general meeting of shareholders is to be held February 14, 2008, at 8:00 a.m. PT, at the offices of Farris, Vaughan, Wills & Murphy LLP on the 25th floor, 700 West Georgia Street, Vancouver, B.C. Forbes Medi-Tech shareholders are encouraged to vote for the corporate reorganization by completing, signing, dating and returning their proxy form no later than 8:00 a.m. (Vancouver time) on February 12, 2008. Shareholders requiring assistance in voting their proxies should call the Proxy Solicitation Agent, Kingsdale Shareholder Services Inc., toll-free, at 1-866-639-7993.
About Forbes Medi-Tech Inc.
Forbes Medi-Tech Inc. is a life sciences company dedicated to the research, development and commercialization of innovative products for the prevention and treatment of life-threatening disease. Our strategy and vision is to develop and market a portfolio of products for the benefit of all consumers, from the healthy person desiring consumer lifestyle products that can help reduce the risk of future disease, to medical patients needing therapeutic prescription products for the treatment of an established ailment. Additional information on Forbes Medi-Tech can be found at www.forbesmedi.com.
This News Release contains forward-looking statements and information regarding Forbes proposed Plan of Arrangement and reorganization, Forbes' strategy and vision, and other information related to future periods. Forward-looking statements and information can be identified by the use of forward-looking terminology such as "proposed", "expects", "is to be", "strategy", "vision", or comparable terminology referring to future events or results. Forward-looking statements and information are statements and information about the future and are inherently uncertain. The Company's actual achievements and other results and occurrences could differ materially from those anticipated in these forward-looking statements and information due to a variety of risks, uncertainties and other factors, including, without limitation, uncertainty whether the plan of arrangement will be submitted to shareholders as proposed or at all, or if approved, will be implemented; uncertainty whether all necessary approvals to the plan of arrangement, including regulatory and shareholder approval, will be obtained; the risk that the mailing date, meeting date, and time and/or location of the meeting are subject to change; uncertainty whether the Nasdaq minimum bid price will be achieved and whether the Company's or Newco's shares will remain, or will be, listed on the TSX and/or Nasdaq; the need for additional funding, which may not be available in a timely manner or at all, notwithstanding Newco's ability to offer new financing alternatives; the risk of unanticipated costs or expenses; uncertainty whether the Company will realize is strategies and vision; the need for additional research and development, the outcome of which is uncertain; changes in business strategy or development plans; as well as a description of other risks and uncertainties affecting the Company and its business, as contained in news releases and filings with the United States Securities and Exchange Commission and Canadian Securities Regulatory Authorities, any of which could cause actual results to vary materially from current results or the Company's anticipated future results. Forward-looking statements and information are based on the assumptions, beliefs, opinions and expectations of the Company's management at the time they are made, and the Company does not assume any obligation to update its forward-looking statements or information if those assumptions, beliefs, opinions or expectations or other circumstances should change.
NASDAQ and the Toronto Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this News Release. FOR FURTHER INFORMATION PLEASE CONTACT:
Forbes Medi-Tech Inc.
Darren Seed
Director, Investor Relations
(604) 681-8976
Email: dseed@forbesmedi.com
Website: www.forbesmedi.com
Source: Forbes Medi-Tech Inc.
Point Blank Solutions and G2 Consulting Establish Strategic Agreement to Bring to Market the First-of-Its-Kind Electroshock Weapon Protection System w
Point Blank Solutions and G2 Consulting Establish Strategic Agreement to Bring to Market the First-of-Its-Kind Electroshock Weapon Protection System with New ThorShield(TM) TechnologyPR Newswire "US Press Releases "
POMPANO BEACH, Fla., Jan. 31 /PRNewswire-FirstCall/ -- Point Blank Solutions, Inc. (OTC Pink Sheets: PBSO.PK), a leader in the field of protective body armor, announced today that it entered into an agreement with G2 Consulting to market a line of electroshock weapon protection systems.
Emerging domestic and international threats have generated a growing interest in the use of less-than-lethal weapons by government and law enforcement agencies. Electroshock devices such as TASERS help officers reduce injuries by incapacitating dangerous, combative or high-risk subjects. Until G2's patented ThorShield(TM) technology, there has been no protection for officers if their weapon is turned against them.
Point Blank has teamed up exclusively with G2 Consulting, architect of ThorShield and other electroshock weapon protection solutions, to integrate this technology into Point Blank Body Armor and PACA body armor products. ThorShield works by providing a highly conductive specialized layer of fabric that ensures the electric current discharged from the weapon flows through the lining rather than the body. The protective material can be applied to officers' garments and equipment such as body armor, shirts, jackets, training suits, gloves, and hats. Important to ThorShield's design is that it can allow for greater flexibility at less weight, without compromising protection. The lining is breathable and provides the comfort essential to officers in the field.
According to preliminary data released by the National Law Enforcement Officers Memorial Fund (NLEOMF) and Concerns of Police Survivors (C.O.P.S.), officers are being confronted by more brazen, heavily armed and violent criminals than in years past, and firearms-related assaults and fatalities are on the rise. Keeping in line with this trend, law enforcement agencies are recognizing that more felonious acts are being committed with illegal stun guns. Electroshock weapons increasingly are being marketed to the general public and winding up in the hands of criminals-as a result, greatly compromising officer safety.
"We continue to develop and deliver the most advanced protective gear in the world," stated Larry Ellis, President and CEO. "Threats against our law enforcement officers are constantly changing. The very devices proven to be valuable to those on the front lines are ending up in the hands of criminals and used against them. This exclusive agreement provides us with product lines that meet those threats and should open up new channels for growth."
Point Blank will be displaying its body armor products with new ThorShield technology at the 2008 Shooting, Hunting, Outdoor Trade Show and Conference (SHOT Show), February 2-5 at the Las Vegas Convention Center in Las Vegas, Nevada. Attendees are invited to visit Point Blank's booth #8909 to view solutions and speak with company executives.
ABOUT POINT BLANK SOLUTIONS, INC.
Point Blank Solutions, Inc. is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets. The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, Point Blank Solutions believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry.
The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC. To learn more about Point Blank Solutions, Inc. visit our website at www.PointBlankSolutionsInc.com.
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, WHICH ARE BASED LARGELY ON THE COMPANY'S EXPECTATIONS AND ARE SUBJECT TO VARIOUS BUSINESS RISKS AND UNCERTAINTIES, CERTAIN OF WHICH ARE BEYOND THE COMPANY'S CONTROL. WORDS SUCH AS "EXPECTS," "ANTICIPATES," "TARGETS," "GOALS," "PROJECTS," "INTENDS," "PLANS," "BELIEVES," "SEEKS," "ESTIMATES," VARIATIONS OF SUCH WORDS, AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS THAT SPEAK AS OF THE DATE HEREOF AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. THEREFORE, ACTUAL RESULTS MAY DIFFER MATERIALLY AND ADVERSELY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, (1) CHANGES IN THE COMPANY'S INTERNAL CONTROL STRUCTURE OVER FINANCIAL REPORTING, (2) DE-LISTING FROM THE AMERICAN STOCK EXCHANGE, (3) UNCERTAINTY OF FUTURE FINANCIAL RESULTS, (4) ADDITIONAL FINANCING REQUIREMENTS, (5) DEVELOPMENT OF NEW PRODUCTS, (6) GOVERNMENT APPROVAL PROCESSES, INCLUDING APPROVAL OF THE SETTLEMENT BY THE COURT, (7) THE IMPACT OF COMPETITIVE PRODUCTS OR PRICING, (8) TECHNOLOGICAL CHANGES, (9) THE EFFECT OF POLITICAL AND ECONOMIC CONDITIONS, (10) THE OUTCOME AND IMPACT OF LITIGATION TO WHICH THE COMPANY IS A PARTY AND THE SECURITIES AND EXCHANGE COMMISSION AND OTHER INVESTIGATIONS REGARDING THE COMPANY, (11) TURNOVER IN THE COMPANY'S SENIOR MANAGEMENT AND (12) OTHER UNCERTAINTIES DETAILED IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING, WITHOUT LIMITATION, THOSE UNCERTAINTIES AND RISKS DISCUSSED IN DETAIL IN PART II ITEM 1A. "RISK FACTORS," IN THE COMPANY'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 2007. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGE IN THE EXPECTATIONS OF OUR MANAGEMENT WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS, OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.
Company Contact: Media Relations/Investor Relations Glenn Wiener
212-786-6013 / ir@PBSInc.com
SOURCE Point Blank Solutions, Inc.
POMPANO BEACH, Fla., Jan. 31 /PRNewswire-FirstCall/ -- Point Blank Solutions, Inc. (OTC Pink Sheets: PBSO.PK), a leader in the field of protective body armor, announced today that it entered into an agreement with G2 Consulting to market a line of electroshock weapon protection systems.
Emerging domestic and international threats have generated a growing interest in the use of less-than-lethal weapons by government and law enforcement agencies. Electroshock devices such as TASERS help officers reduce injuries by incapacitating dangerous, combative or high-risk subjects. Until G2's patented ThorShield(TM) technology, there has been no protection for officers if their weapon is turned against them.
Point Blank has teamed up exclusively with G2 Consulting, architect of ThorShield and other electroshock weapon protection solutions, to integrate this technology into Point Blank Body Armor and PACA body armor products. ThorShield works by providing a highly conductive specialized layer of fabric that ensures the electric current discharged from the weapon flows through the lining rather than the body. The protective material can be applied to officers' garments and equipment such as body armor, shirts, jackets, training suits, gloves, and hats. Important to ThorShield's design is that it can allow for greater flexibility at less weight, without compromising protection. The lining is breathable and provides the comfort essential to officers in the field.
According to preliminary data released by the National Law Enforcement Officers Memorial Fund (NLEOMF) and Concerns of Police Survivors (C.O.P.S.), officers are being confronted by more brazen, heavily armed and violent criminals than in years past, and firearms-related assaults and fatalities are on the rise. Keeping in line with this trend, law enforcement agencies are recognizing that more felonious acts are being committed with illegal stun guns. Electroshock weapons increasingly are being marketed to the general public and winding up in the hands of criminals-as a result, greatly compromising officer safety.
"We continue to develop and deliver the most advanced protective gear in the world," stated Larry Ellis, President and CEO. "Threats against our law enforcement officers are constantly changing. The very devices proven to be valuable to those on the front lines are ending up in the hands of criminals and used against them. This exclusive agreement provides us with product lines that meet those threats and should open up new channels for growth."
Point Blank will be displaying its body armor products with new ThorShield technology at the 2008 Shooting, Hunting, Outdoor Trade Show and Conference (SHOT Show), February 2-5 at the Las Vegas Convention Center in Las Vegas, Nevada. Attendees are invited to visit Point Blank's booth #8909 to view solutions and speak with company executives.
ABOUT POINT BLANK SOLUTIONS, INC.
Point Blank Solutions, Inc. is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets. The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, Point Blank Solutions believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry.
The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC. To learn more about Point Blank Solutions, Inc. visit our website at www.PointBlankSolutionsInc.com.
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, WHICH ARE BASED LARGELY ON THE COMPANY'S EXPECTATIONS AND ARE SUBJECT TO VARIOUS BUSINESS RISKS AND UNCERTAINTIES, CERTAIN OF WHICH ARE BEYOND THE COMPANY'S CONTROL. WORDS SUCH AS "EXPECTS," "ANTICIPATES," "TARGETS," "GOALS," "PROJECTS," "INTENDS," "PLANS," "BELIEVES," "SEEKS," "ESTIMATES," VARIATIONS OF SUCH WORDS, AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS THAT SPEAK AS OF THE DATE HEREOF AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. THEREFORE, ACTUAL RESULTS MAY DIFFER MATERIALLY AND ADVERSELY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, (1) CHANGES IN THE COMPANY'S INTERNAL CONTROL STRUCTURE OVER FINANCIAL REPORTING, (2) DE-LISTING FROM THE AMERICAN STOCK EXCHANGE, (3) UNCERTAINTY OF FUTURE FINANCIAL RESULTS, (4) ADDITIONAL FINANCING REQUIREMENTS, (5) DEVELOPMENT OF NEW PRODUCTS, (6) GOVERNMENT APPROVAL PROCESSES, INCLUDING APPROVAL OF THE SETTLEMENT BY THE COURT, (7) THE IMPACT OF COMPETITIVE PRODUCTS OR PRICING, (8) TECHNOLOGICAL CHANGES, (9) THE EFFECT OF POLITICAL AND ECONOMIC CONDITIONS, (10) THE OUTCOME AND IMPACT OF LITIGATION TO WHICH THE COMPANY IS A PARTY AND THE SECURITIES AND EXCHANGE COMMISSION AND OTHER INVESTIGATIONS REGARDING THE COMPANY, (11) TURNOVER IN THE COMPANY'S SENIOR MANAGEMENT AND (12) OTHER UNCERTAINTIES DETAILED IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING, WITHOUT LIMITATION, THOSE UNCERTAINTIES AND RISKS DISCUSSED IN DETAIL IN PART II ITEM 1A. "RISK FACTORS," IN THE COMPANY'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 2007. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGE IN THE EXPECTATIONS OF OUR MANAGEMENT WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS, OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.
Company Contact: Media Relations/Investor Relations Glenn Wiener
212-786-6013 / ir@PBSInc.com
SOURCE Point Blank Solutions, Inc.
Entrust's Network Shared Folder Encryption Solution Chosen by China's PXInfosec PR Newswire "US Press Releases "
Entrust's Network Shared Folder Encryption Solution Chosen by China's PXInfosecPR Newswire "US Press Releases "
DALLAS, Jan. 31 /PRNewswire-FirstCall/ -- Securing information without hindering productivity has always been one of the major hurdles to enabling collaboration and protecting the assets and intellectual property of financial institutions, enterprises and government agencies. China-based PXInfosec recognized this opportunity and that they could solve this challenge for their customers with Entrust, Inc. (Nasdaq: ENTU) and the Entrust Entelligence Group Share network folder encryption solution.
"The majority of our customers collaborate on sensitive files or folders on a daily basis. The operational challenge of securing this information, without negatively impacting efficiency, was of utmost concern," said PXInfosec General Manager Eric Ren. "With this innovative network folder encryption solution, we not only secure their key data and intellectual property, but we do so in a cost-efficient, non-invasive manner. It's an invaluable tool."
As part of the agreement, PXInfosec will purchase 20,000 licenses of Entrust Entelligence Group Share. The innovative network folder encryption solution, which was launched in 2007, offers organizations a seamless method of implementing easy-to-use encryption for group files or folders. As a transparent and persistent solution, the contents remain encrypted regardless if copied or moved to another drive, network or device.
"As information loss and data breach become an alarmingly frequent occurrence, it's reassuring to know that security-conscious organizations like PXInfosec are enabling customers to protect their sensitive assets or intellectual property," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "As a key component of a layered security approach, this network folder encryption solution provides organizations with one-of-a-kind capabilities that not only secure information, but increase productivity and efficiency in a cost-effective manner."
A component of Entrust's Information Protection platform, Entrust Entelligence Group Share is an efficient, manageable security solution that allows workgroups to collaborate and share sensitive information securely across corporate networks. This additional layer of security also helps address various privacy standards such as the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
The Entrust Entelligence product portfolio is an integrated suite of security solutions that deliver a single security layer across multiple enterprise applications enabling strong authentication, authorization, digital signatures and encryption. Entrust Entelligence helps empower employees to work efficiently, communicate effectively, improve corporate and regulatory compliance and use products and services online.
Founded in 1999 by a group of information security professionals, PXInfosec Technology Co., Ltd is committed to providing professional-grade information security services by helping enterprises protect their operational security and critical information assets. Headquartered in Shanghai, China, PXInfosec's customer base spans across a variety of verticals, including financial, telecommunication, utility/electric, transportation and biological. The organization has become one of the most influential information security service providers in China.
About Entrust
Entrust (Nasdaq: ENTU) secures digital identities and information for consumers, enterprises and governments in 1,700 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail entrust@entrust.com or visit http://www.entrust.com.
Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.
This press release contains forward-looking statements relating to the alliance between Entrust and PXInfosec and the expected benefits of such new release, and such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are delays or failure to complete PXInfosec integration of Entrust Entelligence Group Share, governmental regulations, general economic conditions and the risk factors detailed from time to time in Entrust's periodic reports and registration statements filed with the Securities and Exchange Commission, including without limitation Entrust's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. Entrust cautions investors that it might not update any or all of the foregoing forward-looking statements.
SOURCE Entrust
DALLAS, Jan. 31 /PRNewswire-FirstCall/ -- Securing information without hindering productivity has always been one of the major hurdles to enabling collaboration and protecting the assets and intellectual property of financial institutions, enterprises and government agencies. China-based PXInfosec recognized this opportunity and that they could solve this challenge for their customers with Entrust, Inc. (Nasdaq: ENTU) and the Entrust Entelligence Group Share network folder encryption solution.
"The majority of our customers collaborate on sensitive files or folders on a daily basis. The operational challenge of securing this information, without negatively impacting efficiency, was of utmost concern," said PXInfosec General Manager Eric Ren. "With this innovative network folder encryption solution, we not only secure their key data and intellectual property, but we do so in a cost-efficient, non-invasive manner. It's an invaluable tool."
As part of the agreement, PXInfosec will purchase 20,000 licenses of Entrust Entelligence Group Share. The innovative network folder encryption solution, which was launched in 2007, offers organizations a seamless method of implementing easy-to-use encryption for group files or folders. As a transparent and persistent solution, the contents remain encrypted regardless if copied or moved to another drive, network or device.
"As information loss and data breach become an alarmingly frequent occurrence, it's reassuring to know that security-conscious organizations like PXInfosec are enabling customers to protect their sensitive assets or intellectual property," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "As a key component of a layered security approach, this network folder encryption solution provides organizations with one-of-a-kind capabilities that not only secure information, but increase productivity and efficiency in a cost-effective manner."
A component of Entrust's Information Protection platform, Entrust Entelligence Group Share is an efficient, manageable security solution that allows workgroups to collaborate and share sensitive information securely across corporate networks. This additional layer of security also helps address various privacy standards such as the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
The Entrust Entelligence product portfolio is an integrated suite of security solutions that deliver a single security layer across multiple enterprise applications enabling strong authentication, authorization, digital signatures and encryption. Entrust Entelligence helps empower employees to work efficiently, communicate effectively, improve corporate and regulatory compliance and use products and services online.
Founded in 1999 by a group of information security professionals, PXInfosec Technology Co., Ltd is committed to providing professional-grade information security services by helping enterprises protect their operational security and critical information assets. Headquartered in Shanghai, China, PXInfosec's customer base spans across a variety of verticals, including financial, telecommunication, utility/electric, transportation and biological. The organization has become one of the most influential information security service providers in China.
About Entrust
Entrust (Nasdaq: ENTU) secures digital identities and information for consumers, enterprises and governments in 1,700 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail entrust@entrust.com or visit http://www.entrust.com.
Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.
This press release contains forward-looking statements relating to the alliance between Entrust and PXInfosec and the expected benefits of such new release, and such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are delays or failure to complete PXInfosec integration of Entrust Entelligence Group Share, governmental regulations, general economic conditions and the risk factors detailed from time to time in Entrust's periodic reports and registration statements filed with the Securities and Exchange Commission, including without limitation Entrust's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. Entrust cautions investors that it might not update any or all of the foregoing forward-looking statements.
SOURCE Entrust
Authentidate Holding Corp. to Report Second Quarter 2008 Results on Thursday, February 7, 2008 PR Newswire "US Press Releases "
Authentidate Holding Corp. to Report Second Quarter 2008 Results on Thursday, February 7, 2008PR Newswire "US Press Releases "
BERKELEY HEIGHTS, N.J., Jan. 31 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure workflow management software and web-based services, today announced that it plans to report financial results for the second quarter ended December 31, 2007 on Thursday, February 7, 2008 after the close of market trading.
Management will host a conference call at 4:30 p.m. ET on Thursday, February 7, 2008, to discuss the latest corporate developments and results. The dial-in number for callers in the U.S. is (888) 889-5602 and the dial in number for international callers is (973) 582-2737. The access code for all callers is 32008974. To access the live webcast, visit www.authentidate.com, click the "About Us" link, followed by "Investor Relations" on the drop-down menu and then the "Audio Archives" link. Following the conclusion of the call, the webcast will also be archived on the Company's website.
A replay of the call will be available through February 14, 2008. To access the replay, please dial (800) 642-1687 in the U.S. and (706) 645-9291 internationally, and then enter the access code 32008974. A live web cast will be available on the Company's website.
About Authentidate Holding Corp.
Authentidate Holding Corp. is a worldwide provider of secure workflow management software and web-based services. The company's automated and trusted workflow solutions enable enterprises and office professionals to employ rules-based electronic forms, intelligent routing and transaction management, electronic signing, content authentication, identity credentialing and verification and web and fax based communication capabilities. Customer benefits from the company's offerings include reduced costs, improved productivity and service levels, automated audit trails, enhanced compliance with regulatory requirements and the reduction of paper-based processes. The company has offices in the United States and Germany. In the United States we offer our patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM).
For more information, visit the company's website at http://www.authentidate.com.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, related decisions by the USPS, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
A copy of this press release, and of past press releases, is available on the KCSA Worldwide Website at www.kcsa.com. Investor Contacts:
Todd Fromer / Garth Russell
KCSA Worldwide
212-896-1215 / 212-896-1250
tfromer@kcsa.com / grussell@kcsa.com
Media Contacts:
Erika Kay
KCSA Worldwide
212-896-1208
ekay@kcsa.com
SOURCE Authentidate Holding Corp.
BERKELEY HEIGHTS, N.J., Jan. 31 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure workflow management software and web-based services, today announced that it plans to report financial results for the second quarter ended December 31, 2007 on Thursday, February 7, 2008 after the close of market trading.
Management will host a conference call at 4:30 p.m. ET on Thursday, February 7, 2008, to discuss the latest corporate developments and results. The dial-in number for callers in the U.S. is (888) 889-5602 and the dial in number for international callers is (973) 582-2737. The access code for all callers is 32008974. To access the live webcast, visit www.authentidate.com, click the "About Us" link, followed by "Investor Relations" on the drop-down menu and then the "Audio Archives" link. Following the conclusion of the call, the webcast will also be archived on the Company's website.
A replay of the call will be available through February 14, 2008. To access the replay, please dial (800) 642-1687 in the U.S. and (706) 645-9291 internationally, and then enter the access code 32008974. A live web cast will be available on the Company's website.
About Authentidate Holding Corp.
Authentidate Holding Corp. is a worldwide provider of secure workflow management software and web-based services. The company's automated and trusted workflow solutions enable enterprises and office professionals to employ rules-based electronic forms, intelligent routing and transaction management, electronic signing, content authentication, identity credentialing and verification and web and fax based communication capabilities. Customer benefits from the company's offerings include reduced costs, improved productivity and service levels, automated audit trails, enhanced compliance with regulatory requirements and the reduction of paper-based processes. The company has offices in the United States and Germany. In the United States we offer our patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM).
For more information, visit the company's website at http://www.authentidate.com.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, related decisions by the USPS, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
A copy of this press release, and of past press releases, is available on the KCSA Worldwide Website at www.kcsa.com. Investor Contacts:
Todd Fromer / Garth Russell
KCSA Worldwide
212-896-1215 / 212-896-1250
tfromer@kcsa.com / grussell@kcsa.com
Media Contacts:
Erika Kay
KCSA Worldwide
212-896-1208
ekay@kcsa.com
SOURCE Authentidate Holding Corp.
Hoku Scientific-HOKU and Sanyo extend Polysilicon agreement Fly On The Wall "All News "
Hoku Scientific-HOKU and Sanyo extend Polysilicon agreementFly On The Wall "All News "
Hoku Materials, established to manufacture and sell polysilicon for the solar market, today announced that it has amended its polysilicon supply contract with SANYO to increase the term of the contract from seven to ten years. Total amounts that may be payable to Hoku Materials under the contract have increased from up to approximately $371 million for the seven year contract, to up to approximately $530 million for the amended ten year contract. Hoku Materials and SANYO also agreed to extend to May 31, 2008 the date on which either party may terminate the supply agreement if Hoku Materials is unable to complete the financing for its polysilicon production plant.
Hoku Materials, established to manufacture and sell polysilicon for the solar market, today announced that it has amended its polysilicon supply contract with SANYO to increase the term of the contract from seven to ten years. Total amounts that may be payable to Hoku Materials under the contract have increased from up to approximately $371 million for the seven year contract, to up to approximately $530 million for the amended ten year contract. Hoku Materials and SANYO also agreed to extend to May 31, 2008 the date on which either party may terminate the supply agreement if Hoku Materials is unable to complete the financing for its polysilicon production plant.
Hoku Scientific-HOKU and Sanyo extend Polysilicon agreement Fly On The Wall "All News "
Hoku Scientific-HOKU and Sanyo extend Polysilicon agreementFly On The Wall "All News "
Hoku Materials, established to manufacture and sell polysilicon for the solar market, today announced that it has amended its polysilicon supply contract with SANYO to increase the term of the contract from seven to ten years. Total amounts that may be payable to Hoku Materials under the contract have increased from up to approximately $371 million for the seven year contract, to up to approximately $530 million for the amended ten year contract. Hoku Materials and SANYO also agreed to extend to May 31, 2008 the date on which either party may terminate the supply agreement if Hoku Materials is unable to complete the financing for its polysilicon production plant.
Hoku Materials, established to manufacture and sell polysilicon for the solar market, today announced that it has amended its polysilicon supply contract with SANYO to increase the term of the contract from seven to ten years. Total amounts that may be payable to Hoku Materials under the contract have increased from up to approximately $371 million for the seven year contract, to up to approximately $530 million for the amended ten year contract. Hoku Materials and SANYO also agreed to extend to May 31, 2008 the date on which either party may terminate the supply agreement if Hoku Materials is unable to complete the financing for its polysilicon production plant.
Cyanotech Provides Marketing Update Business Wire "US Press Releases "
Cyanotech Provides Marketing UpdateBusiness Wire "US Press Releases "
KAILUA-KONA, Hawaii--(BUSINESS WIRE)--
Cyanotech Corporation (Nasdaq:CYAN), a world leader in producing high-value nutrition and health products from microalgae, announced new developments related to marketing of its industry-leading, natural astaxanthin product, BioAstin(R).
"These developments indicate some of the breadth and scope of our new marketing orientation at Cyanotech," said Dr. Gerald R. Cysewski, president and CEO. "Some are new initiatives while others have been in process for some time. We are continuing to seek new markets worldwide for our products."
A new direct sales company called OceanGrown(TM) International (www.ogilife.com), dedicated to sustainability and preservation of the environment, will soon be selling several natural products with BioAstin as a key component. OceanGrown's executives built their careers with other multi-million-dollar food supplement companies and are looking to apply their experience to redefine the MLM (multi-level marketing) channel with a focus on retail sales. According to OceanGrown, its initial product line, OAVE (oh-ave) is a skincare line designed to protect, nourish and build the skin. It chose BioAstin because of Cyanotech's commitment to manufacturing natural and pure astaxanthin in a clean and pristine environment. Each product in the OAVE line unites BioAstin with Irish Seaweed and Icelandic Moss. Its internal BioAstin-based supplement has a unique blend of BioAstin with Antarctic Krill Oil. OceanGrown seeks to provide a dual approach to skincare -- internal and external -- to harness the unique benefits of BioAstin. Additional BioAstin-based products are in the pipeline.
Cyanotech has also formed an important relationship with Valensa International (www.valensa.com), the world leader in supercritical CO2 extraction. Valensa's state-of-the-art facility is capable of extracting large volumes of Haematococcus microalgae under very high pressure without the use of solvents to produce a very high quality Astaxanthin oleoresin. A contract has been signed between Valensa and Cyanotech to guarantee Valensa supply of Cyanotech's Haematococcus to produce Valensa's trademarked Astaxanthin product, "Zanthin(R)." On its part, Cyanotech is availing itself of Valensa's outstanding extraction capabilities to produce its "BioAstin(R)" raw material. Both companies view this relationship as a significant step toward bringing the benefits of Astaxanthin to a growing consumer base, and in ensuring the very highest quality product.
Since the approval by the European Union of BioAstin as a novel food early in 2007, Cyanotech has developed a network of distributors and/or brokers in six key markets in Europe. This network has significant experience and industry contacts, and will offer strong customer service and technical support in the local languages throughout Europe.
On the Pacific Rim, BioAstin has become the first natural astaxanthin product to attain registration with the Korean FDA. Cyanotech has appointed two distributors there to handle the anticipated demand. Natural astaxanthin use is growing steadily in the Pacific Rim market.
In China, Cyanotech has received notice that BioAstin is the first astaxanthin product approved for human consumption and registered in China by the Ministry of Health, where BioAstin will be marketed through a single, dedicated agent.
Cyanotech Corporation, a world leader in microalgae technology, produces BioAstin(R) Natural Astaxanthin and Hawaiian Spirulina Pacifica(R)--all natural, functional nutrients that enhance human health and nutrition. Cyanotech's spirulina, FDA reviewed and accepted as Generally Recognized as Safe (GRAS) for use as a food ingredient, augments energy and immune response. BioAstin's benefits derive from its superior antioxidant activity and from its ability to support and maintain natural inflammatory response, enhancing skin, muscle and joint health. NatuRose(R) Natural Astaxanthin is a natural pigment source that also promotes animal health and nutrition, primarily in aquaculture. Phycobiliproteins are fluorescent pigments produced by Cyanotech and used in medical diagnostic testing and research. Cyanotech produces all these products from microalgae grown at its 90-acre facility in Hawaii using patented and proprietary technology and distributes them to nutritional supplement, nutraceutical, cosmeceutical, and animal feed makers and marketers in more than 40 countries worldwide. Cyanotech was the first microalgae company in the world to obtain ISO 9001:2000. Visit www.cyanotech.com for more information.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, general economic conditions, forecasts of sales in future periods, changes in sales levels to our largest customers, weather patterns, production problems caused by contamination, risks associated with the acceptance of new products, competition, foreign exchange fluctuations, government regulation, and other factors more fully detailed in the Company's recent Form 10-Q and annual form 10-K filings with the Securities and Exchange Commission.
Source: Cyanotech Corporation
KAILUA-KONA, Hawaii--(BUSINESS WIRE)--
Cyanotech Corporation (Nasdaq:CYAN), a world leader in producing high-value nutrition and health products from microalgae, announced new developments related to marketing of its industry-leading, natural astaxanthin product, BioAstin(R).
"These developments indicate some of the breadth and scope of our new marketing orientation at Cyanotech," said Dr. Gerald R. Cysewski, president and CEO. "Some are new initiatives while others have been in process for some time. We are continuing to seek new markets worldwide for our products."
A new direct sales company called OceanGrown(TM) International (www.ogilife.com), dedicated to sustainability and preservation of the environment, will soon be selling several natural products with BioAstin as a key component. OceanGrown's executives built their careers with other multi-million-dollar food supplement companies and are looking to apply their experience to redefine the MLM (multi-level marketing) channel with a focus on retail sales. According to OceanGrown, its initial product line, OAVE (oh-ave) is a skincare line designed to protect, nourish and build the skin. It chose BioAstin because of Cyanotech's commitment to manufacturing natural and pure astaxanthin in a clean and pristine environment. Each product in the OAVE line unites BioAstin with Irish Seaweed and Icelandic Moss. Its internal BioAstin-based supplement has a unique blend of BioAstin with Antarctic Krill Oil. OceanGrown seeks to provide a dual approach to skincare -- internal and external -- to harness the unique benefits of BioAstin. Additional BioAstin-based products are in the pipeline.
Cyanotech has also formed an important relationship with Valensa International (www.valensa.com), the world leader in supercritical CO2 extraction. Valensa's state-of-the-art facility is capable of extracting large volumes of Haematococcus microalgae under very high pressure without the use of solvents to produce a very high quality Astaxanthin oleoresin. A contract has been signed between Valensa and Cyanotech to guarantee Valensa supply of Cyanotech's Haematococcus to produce Valensa's trademarked Astaxanthin product, "Zanthin(R)." On its part, Cyanotech is availing itself of Valensa's outstanding extraction capabilities to produce its "BioAstin(R)" raw material. Both companies view this relationship as a significant step toward bringing the benefits of Astaxanthin to a growing consumer base, and in ensuring the very highest quality product.
Since the approval by the European Union of BioAstin as a novel food early in 2007, Cyanotech has developed a network of distributors and/or brokers in six key markets in Europe. This network has significant experience and industry contacts, and will offer strong customer service and technical support in the local languages throughout Europe.
On the Pacific Rim, BioAstin has become the first natural astaxanthin product to attain registration with the Korean FDA. Cyanotech has appointed two distributors there to handle the anticipated demand. Natural astaxanthin use is growing steadily in the Pacific Rim market.
In China, Cyanotech has received notice that BioAstin is the first astaxanthin product approved for human consumption and registered in China by the Ministry of Health, where BioAstin will be marketed through a single, dedicated agent.
Cyanotech Corporation, a world leader in microalgae technology, produces BioAstin(R) Natural Astaxanthin and Hawaiian Spirulina Pacifica(R)--all natural, functional nutrients that enhance human health and nutrition. Cyanotech's spirulina, FDA reviewed and accepted as Generally Recognized as Safe (GRAS) for use as a food ingredient, augments energy and immune response. BioAstin's benefits derive from its superior antioxidant activity and from its ability to support and maintain natural inflammatory response, enhancing skin, muscle and joint health. NatuRose(R) Natural Astaxanthin is a natural pigment source that also promotes animal health and nutrition, primarily in aquaculture. Phycobiliproteins are fluorescent pigments produced by Cyanotech and used in medical diagnostic testing and research. Cyanotech produces all these products from microalgae grown at its 90-acre facility in Hawaii using patented and proprietary technology and distributes them to nutritional supplement, nutraceutical, cosmeceutical, and animal feed makers and marketers in more than 40 countries worldwide. Cyanotech was the first microalgae company in the world to obtain ISO 9001:2000. Visit www.cyanotech.com for more information.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, general economic conditions, forecasts of sales in future periods, changes in sales levels to our largest customers, weather patterns, production problems caused by contamination, risks associated with the acceptance of new products, competition, foreign exchange fluctuations, government regulation, and other factors more fully detailed in the Company's recent Form 10-Q and annual form 10-K filings with the Securities and Exchange Commission.
Source: Cyanotech Corporation
Thursday, January 17, 2008
Eternal Image Upgraded to Highest Status on Pink Sheets Disclosure Categories Business Wire "US Press Releases "
Eternal Image Upgraded to Highest Status on Pink Sheets Disclosure CategoriesBusiness Wire "US Press Releases "
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced it has moved to the highest status under the Pink Sheets disclosure categories. Prior to this upgrade, Eternal Image was recognized with a Yield sign, suggesting the company reported limited information to investors. Under the new category of "Current Information," the company is able and willing to provide all adequate public information in a timely manner.
"This new Pink Sheet symbol represents the transparent nature of our company," said Jim Parliament, CFO, Eternal Image. "Being trustworthy and open to our stakeholders is a top priority. We want our investors to put their utmost confidence in their shareholdings."
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball, STAR TREK, Precious Moments, and the Vatican Library Collection, as well as pet urns featuring the American Kennel Club, and Cat Fanciers'(TM) Association. For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as may, will, should, could, expects, plans, intends, anticipates, believes, estimates, predicts, forecasts, potential or continue or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced it has moved to the highest status under the Pink Sheets disclosure categories. Prior to this upgrade, Eternal Image was recognized with a Yield sign, suggesting the company reported limited information to investors. Under the new category of "Current Information," the company is able and willing to provide all adequate public information in a timely manner.
"This new Pink Sheet symbol represents the transparent nature of our company," said Jim Parliament, CFO, Eternal Image. "Being trustworthy and open to our stakeholders is a top priority. We want our investors to put their utmost confidence in their shareholdings."
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball, STAR TREK, Precious Moments, and the Vatican Library Collection, as well as pet urns featuring the American Kennel Club, and Cat Fanciers'(TM) Association. For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as may, will, should, could, expects, plans, intends, anticipates, believes, estimates, predicts, forecasts, potential or continue or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
Power-One 2007 Fourth Quarter Conference Call Business Wire "US Press Releases "
Power-One 2007 Fourth Quarter Conference CallBusiness Wire "US Press Releases "
CAMARILLO, Calif.--(BUSINESS WIRE)--
In conjunction with Power-One, Inc.'s (NASDAQ: PWER) 2007 fourth quarter financial results announcement, members of the public are invited to listen to the company's live quarterly conference call on the Internet on Thursday, January 31, 2008, at 2:00 p.m. PT / 5:00 p.m. ET. The purpose of the conference call is to discuss the company's 2007 fourth quarter financial results and outlook for the first quarter of 2008. The conference call will feature Bill Yeates, Chief Executive Officer; Jeff Kyle, Chief Financial Officer; and Dave Hage, Corporate Executive Vice President.
Financial results will be released over the newswires after the market closes on Thursday, January 31, 2008. The press release will also be posted on Power-One's corporate Web site: www.power-one.com. Investors who would like to listen to the live conference call may go to the investor relations section at www.power-one.com. An online re-broadcast will be available through February 6. Summary
What: Power-One's 2007 fourth quarter conference call. Management
will discuss 2007 fourth quarter financial results and outlook
for the first quarter of 2008.
Date: Thursday, January 31, 2008.
Time: Conference Call on the Web - 2:00 p.m. PT / 5:00 p.m. ET
How: Live over the Internet. Simply go to the investor relations
section at www.power-one.com.
About Power-One
Power-One is a leading designer and manufacturer of power conversion products sold primarily to OEM customers in the telecommunications and server/storage markets; as well as data communications equipment manufacturers. Power-One's high-reliability products are also used in applications such as test equipment, high-end industrial applications, and alternative energy. Power-One, with headquarters in Camarillo, CA, has approximately 4,000 employees with manufacturing and/or R&D operations in the United States, Dominican Republic, Italy, Hungary, Switzerland, Slovakia, Ireland and China. For information on Power-One and its products, visit the company's Web site at www.power-one.com.
Source: Power-One, Inc.
CAMARILLO, Calif.--(BUSINESS WIRE)--
In conjunction with Power-One, Inc.'s (NASDAQ: PWER) 2007 fourth quarter financial results announcement, members of the public are invited to listen to the company's live quarterly conference call on the Internet on Thursday, January 31, 2008, at 2:00 p.m. PT / 5:00 p.m. ET. The purpose of the conference call is to discuss the company's 2007 fourth quarter financial results and outlook for the first quarter of 2008. The conference call will feature Bill Yeates, Chief Executive Officer; Jeff Kyle, Chief Financial Officer; and Dave Hage, Corporate Executive Vice President.
Financial results will be released over the newswires after the market closes on Thursday, January 31, 2008. The press release will also be posted on Power-One's corporate Web site: www.power-one.com. Investors who would like to listen to the live conference call may go to the investor relations section at www.power-one.com. An online re-broadcast will be available through February 6. Summary
What: Power-One's 2007 fourth quarter conference call. Management
will discuss 2007 fourth quarter financial results and outlook
for the first quarter of 2008.
Date: Thursday, January 31, 2008.
Time: Conference Call on the Web - 2:00 p.m. PT / 5:00 p.m. ET
How: Live over the Internet. Simply go to the investor relations
section at www.power-one.com.
About Power-One
Power-One is a leading designer and manufacturer of power conversion products sold primarily to OEM customers in the telecommunications and server/storage markets; as well as data communications equipment manufacturers. Power-One's high-reliability products are also used in applications such as test equipment, high-end industrial applications, and alternative energy. Power-One, with headquarters in Camarillo, CA, has approximately 4,000 employees with manufacturing and/or R&D operations in the United States, Dominican Republic, Italy, Hungary, Switzerland, Slovakia, Ireland and China. For information on Power-One and its products, visit the company's Web site at www.power-one.com.
Source: Power-One, Inc.
New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.] Knight Ridder/Tribune "Business News "
New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.]Knight Ridder/Tribune "Business News "
Jan. 17--EDGERTON -- Health and safety will be the priorities for the Edgerton Fire Protection District's new chief.
Brian Demrow, who was elected chief by the district's volunteers Sunday, said the department has ordered physicals for all the volunteers for the first time and is in the middle of collecting the data.
The department started emphasizing fitness last year through a challenge at Sara's Health & Fitness in Edgerton. Several firefighters participated in the challenge and lost weight by regularly going to the gym, the department said.
"Being that heart attacks are the No. 1 reason for firefighter deaths, maybe that's something we can prevent," Demrow said.
Demrow enters the chief position with 12 years of experience with the department. Most recently, he served in the No. 2 spot of deputy chief.
Demrow and the assistant chief, Ryan Beckwith, have led the department since former Chief John Gietzel announced his retirement in early December.
Beckwith was elected deputy chief in Sunday's vote. Both Demrow and Beckwith ran unopposed.
The chief is responsible for overseeing all aspects of the department, either directly or by delegating, said Adam Walton, public information officer. Along with the deputy and assistant chiefs, the chief puts together a recommended budget for the fire district commission each fall.
"All three of the chiefs gather input--what would you guys like to see down here, what do you guys need--and then the three of them sit down and brainstorm," Walton said.
The deputy chief is in charge of fire inspections, while the assistant chief handles training with the training officer.
Randall Lochner, a former captain with 19 years of service with the department, was elected assistant chief Sunday.
Demrow said the chiefs will make sure the volunteers work smoothly with the district's two full-time employees. The employees were reinstated in December after a five-year court battle over their firings.
"We're working with them, and everybody's doing a good job with that," Demrow said.
Other officers elected Sunday include:
-- Training officer: Ken Kirby, 7 years of service, former captain
-- Captains: Carl Marino, 7 years of service, former lieutenant; Adam Walton, 5 years of service, former lieutenant; Justin Bowen, 9 years of service; former lieutenant
-- Lieutenants: Brandon Whitmore, 3 years of service; Craig Fryda, 10 years of service, former training officer; Mike Collins, 18 years of service
-- Safety officer: Chris Lund, 15 years of service, former captain
To see more of The Janesville Gazette, or to subscribe to the newspaper, go to http://www.gazetteextra.com.
Copyright (c) 2008, The Janesville Gazette, Wis.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
Jan. 17--EDGERTON -- Health and safety will be the priorities for the Edgerton Fire Protection District's new chief.
Brian Demrow, who was elected chief by the district's volunteers Sunday, said the department has ordered physicals for all the volunteers for the first time and is in the middle of collecting the data.
The department started emphasizing fitness last year through a challenge at Sara's Health & Fitness in Edgerton. Several firefighters participated in the challenge and lost weight by regularly going to the gym, the department said.
"Being that heart attacks are the No. 1 reason for firefighter deaths, maybe that's something we can prevent," Demrow said.
Demrow enters the chief position with 12 years of experience with the department. Most recently, he served in the No. 2 spot of deputy chief.
Demrow and the assistant chief, Ryan Beckwith, have led the department since former Chief John Gietzel announced his retirement in early December.
Beckwith was elected deputy chief in Sunday's vote. Both Demrow and Beckwith ran unopposed.
The chief is responsible for overseeing all aspects of the department, either directly or by delegating, said Adam Walton, public information officer. Along with the deputy and assistant chiefs, the chief puts together a recommended budget for the fire district commission each fall.
"All three of the chiefs gather input--what would you guys like to see down here, what do you guys need--and then the three of them sit down and brainstorm," Walton said.
The deputy chief is in charge of fire inspections, while the assistant chief handles training with the training officer.
Randall Lochner, a former captain with 19 years of service with the department, was elected assistant chief Sunday.
Demrow said the chiefs will make sure the volunteers work smoothly with the district's two full-time employees. The employees were reinstated in December after a five-year court battle over their firings.
"We're working with them, and everybody's doing a good job with that," Demrow said.
Other officers elected Sunday include:
-- Training officer: Ken Kirby, 7 years of service, former captain
-- Captains: Carl Marino, 7 years of service, former lieutenant; Adam Walton, 5 years of service, former lieutenant; Justin Bowen, 9 years of service; former lieutenant
-- Lieutenants: Brandon Whitmore, 3 years of service; Craig Fryda, 10 years of service, former training officer; Mike Collins, 18 years of service
-- Safety officer: Chris Lund, 15 years of service, former captain
To see more of The Janesville Gazette, or to subscribe to the newspaper, go to http://www.gazetteextra.com.
Copyright (c) 2008, The Janesville Gazette, Wis.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.] Knight Ridder/Tribune "Business News "
New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.]Knight Ridder/Tribune "Business News "
Jan. 17--EDGERTON -- Health and safety will be the priorities for the Edgerton Fire Protection District's new chief.
Brian Demrow, who was elected chief by the district's volunteers Sunday, said the department has ordered physicals for all the volunteers for the first time and is in the middle of collecting the data.
The department started emphasizing fitness last year through a challenge at Sara's Health & Fitness in Edgerton. Several firefighters participated in the challenge and lost weight by regularly going to the gym, the department said.
"Being that heart attacks are the No. 1 reason for firefighter deaths, maybe that's something we can prevent," Demrow said.
Demrow enters the chief position with 12 years of experience with the department. Most recently, he served in the No. 2 spot of deputy chief.
Demrow and the assistant chief, Ryan Beckwith, have led the department since former Chief John Gietzel announced his retirement in early December.
Beckwith was elected deputy chief in Sunday's vote. Both Demrow and Beckwith ran unopposed.
The chief is responsible for overseeing all aspects of the department, either directly or by delegating, said Adam Walton, public information officer. Along with the deputy and assistant chiefs, the chief puts together a recommended budget for the fire district commission each fall.
"All three of the chiefs gather input--what would you guys like to see down here, what do you guys need--and then the three of them sit down and brainstorm," Walton said.
The deputy chief is in charge of fire inspections, while the assistant chief handles training with the training officer.
Randall Lochner, a former captain with 19 years of service with the department, was elected assistant chief Sunday.
Demrow said the chiefs will make sure the volunteers work smoothly with the district's two full-time employees. The employees were reinstated in December after a five-year court battle over their firings.
"We're working with them, and everybody's doing a good job with that," Demrow said.
Other officers elected Sunday include:
-- Training officer: Ken Kirby, 7 years of service, former captain
-- Captains: Carl Marino, 7 years of service, former lieutenant; Adam Walton, 5 years of service, former lieutenant; Justin Bowen, 9 years of service; former lieutenant
-- Lieutenants: Brandon Whitmore, 3 years of service; Craig Fryda, 10 years of service, former training officer; Mike Collins, 18 years of service
-- Safety officer: Chris Lund, 15 years of service, former captain
To see more of The Janesville Gazette, or to subscribe to the newspaper, go to http://www.gazetteextra.com.
Copyright (c) 2008, The Janesville Gazette, Wis.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
Jan. 17--EDGERTON -- Health and safety will be the priorities for the Edgerton Fire Protection District's new chief.
Brian Demrow, who was elected chief by the district's volunteers Sunday, said the department has ordered physicals for all the volunteers for the first time and is in the middle of collecting the data.
The department started emphasizing fitness last year through a challenge at Sara's Health & Fitness in Edgerton. Several firefighters participated in the challenge and lost weight by regularly going to the gym, the department said.
"Being that heart attacks are the No. 1 reason for firefighter deaths, maybe that's something we can prevent," Demrow said.
Demrow enters the chief position with 12 years of experience with the department. Most recently, he served in the No. 2 spot of deputy chief.
Demrow and the assistant chief, Ryan Beckwith, have led the department since former Chief John Gietzel announced his retirement in early December.
Beckwith was elected deputy chief in Sunday's vote. Both Demrow and Beckwith ran unopposed.
The chief is responsible for overseeing all aspects of the department, either directly or by delegating, said Adam Walton, public information officer. Along with the deputy and assistant chiefs, the chief puts together a recommended budget for the fire district commission each fall.
"All three of the chiefs gather input--what would you guys like to see down here, what do you guys need--and then the three of them sit down and brainstorm," Walton said.
The deputy chief is in charge of fire inspections, while the assistant chief handles training with the training officer.
Randall Lochner, a former captain with 19 years of service with the department, was elected assistant chief Sunday.
Demrow said the chiefs will make sure the volunteers work smoothly with the district's two full-time employees. The employees were reinstated in December after a five-year court battle over their firings.
"We're working with them, and everybody's doing a good job with that," Demrow said.
Other officers elected Sunday include:
-- Training officer: Ken Kirby, 7 years of service, former captain
-- Captains: Carl Marino, 7 years of service, former lieutenant; Adam Walton, 5 years of service, former lieutenant; Justin Bowen, 9 years of service; former lieutenant
-- Lieutenants: Brandon Whitmore, 3 years of service; Craig Fryda, 10 years of service, former training officer; Mike Collins, 18 years of service
-- Safety officer: Chris Lund, 15 years of service, former captain
To see more of The Janesville Gazette, or to subscribe to the newspaper, go to http://www.gazetteextra.com.
Copyright (c) 2008, The Janesville Gazette, Wis.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
NanoSensors, Inc. Closes Acquisition of Cuchulainn Holdings in Connection With Redirection of Operations PR Newswire "US Press Releases "
NanoSensors, Inc. Closes Acquisition of Cuchulainn Holdings in Connection With Redirection of OperationsPR Newswire "US Press Releases "
REDWOOD CITY, Calif., Jan. 17 /PRNewswire-FirstCall/ -- NanoSensors, Inc. ("NanoSensors") (OTC Bulletin Board: NNSR) announced today that it has closed its acquisition of Cuchulainn Holdings, Inc., a Panamanian company (Cuchulainn). On November 28, 2007, NanoSensors announced that it had entered into a definitive merger agreement with Cuchulainn. This agreement was subject to usual and customary conditions which have now been satisfied or waived.
Cuchulainn has been licensed technology and other intellectual property in order for it to operate an online-based video console game wagering service (the "Service"). The Service enables gamers to compete against other gamers and place wagers on the outcomes of their games. The outcome of the game play will be determined entirely upon the skill of the individual participant. The Service will cater to an international community of gamers that play video games and place wagers online. In November 2007 Cuchulainn raised $620,000 (U.S.) in a private placement to fund initial development and structuring costs. Prior to commencing operation of the Service and making it available for public participation, NanoSensors and Cuchulainn will need to raise additional capital to fund its operation and marketing campaign.
At the time of closing, pursuant to the merger agreement, Cuchulainn merged with and into a wholly-owned subsidiary of NanoSensors and became the wholly-owned subsidiary of NanoSensors. In the merger, each outstanding share of Cuchulainn will be exchanged for .000565 share of a new class of NanoSensors Series A Convertible Preferred Stock which will vote on an "as converted" basis together with issued and outstanding shares of NanoSensors Common Stock. Each Series A Preferred Share for voting purposes is equal to, and upon conversion will be converted into, 199,604.068 shares of NanoSensors Common Stock. Cuchulainn had issued and outstanding 17,700,000 shares of common stock. As a result of the merger, the former shareholders of Cuchulainn will own 82.55% of the voting power of NanoSensors and current shareholders of NanoSensors own the remainder. The shares of NanoSensors Preferred Stock are issued under an exemption from registration under the Securities Act of 1933 and are restricted shares. NanoSensors will use its reasonable efforts to grant registration rights to the Cuchulainn shareholders.
Two shareholders and nominees of Cuchulainn, William Levy and Tom Hendren, will join the management team of NanoSensors and also will become directors of NanoSensors. Robert A. Baron, currently chairman of the Board of Directors and Interim Chief Executive Officer of NanoSensors, will remain as a director. Josh Moser, the Company's Interim Chief Financial Officer, Vice President and Chief Operating Officer will also continue to be an executive officer of the NanoSensors.
Robert Baron, Interim Chief Executive Officer of NanoSensors, Inc., said, "We are extremely excited to finalize this transaction with Cuchulainn and are looking forward to working with the Cuchulainn team as we roll out this exciting new business. As we have stated previously, we will also be changing the name of the company from NanoSensors to one that is more associated to the chosen go-to-market brand and Service."
Forward Looking Statements
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect" and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of NanoSensors are subject to certain risks and uncertainties, which could cause actual events or the actual future results of NanoSensors to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, NanoSensors' ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in NanoSensors' reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by NanoSensors or any other person that the objectives and plans of NanoSensors will be achieved.
SOURCE NanoSensors, Inc.
REDWOOD CITY, Calif., Jan. 17 /PRNewswire-FirstCall/ -- NanoSensors, Inc. ("NanoSensors") (OTC Bulletin Board: NNSR) announced today that it has closed its acquisition of Cuchulainn Holdings, Inc., a Panamanian company (Cuchulainn). On November 28, 2007, NanoSensors announced that it had entered into a definitive merger agreement with Cuchulainn. This agreement was subject to usual and customary conditions which have now been satisfied or waived.
Cuchulainn has been licensed technology and other intellectual property in order for it to operate an online-based video console game wagering service (the "Service"). The Service enables gamers to compete against other gamers and place wagers on the outcomes of their games. The outcome of the game play will be determined entirely upon the skill of the individual participant. The Service will cater to an international community of gamers that play video games and place wagers online. In November 2007 Cuchulainn raised $620,000 (U.S.) in a private placement to fund initial development and structuring costs. Prior to commencing operation of the Service and making it available for public participation, NanoSensors and Cuchulainn will need to raise additional capital to fund its operation and marketing campaign.
At the time of closing, pursuant to the merger agreement, Cuchulainn merged with and into a wholly-owned subsidiary of NanoSensors and became the wholly-owned subsidiary of NanoSensors. In the merger, each outstanding share of Cuchulainn will be exchanged for .000565 share of a new class of NanoSensors Series A Convertible Preferred Stock which will vote on an "as converted" basis together with issued and outstanding shares of NanoSensors Common Stock. Each Series A Preferred Share for voting purposes is equal to, and upon conversion will be converted into, 199,604.068 shares of NanoSensors Common Stock. Cuchulainn had issued and outstanding 17,700,000 shares of common stock. As a result of the merger, the former shareholders of Cuchulainn will own 82.55% of the voting power of NanoSensors and current shareholders of NanoSensors own the remainder. The shares of NanoSensors Preferred Stock are issued under an exemption from registration under the Securities Act of 1933 and are restricted shares. NanoSensors will use its reasonable efforts to grant registration rights to the Cuchulainn shareholders.
Two shareholders and nominees of Cuchulainn, William Levy and Tom Hendren, will join the management team of NanoSensors and also will become directors of NanoSensors. Robert A. Baron, currently chairman of the Board of Directors and Interim Chief Executive Officer of NanoSensors, will remain as a director. Josh Moser, the Company's Interim Chief Financial Officer, Vice President and Chief Operating Officer will also continue to be an executive officer of the NanoSensors.
Robert Baron, Interim Chief Executive Officer of NanoSensors, Inc., said, "We are extremely excited to finalize this transaction with Cuchulainn and are looking forward to working with the Cuchulainn team as we roll out this exciting new business. As we have stated previously, we will also be changing the name of the company from NanoSensors to one that is more associated to the chosen go-to-market brand and Service."
Forward Looking Statements
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect" and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of NanoSensors are subject to certain risks and uncertainties, which could cause actual events or the actual future results of NanoSensors to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, NanoSensors' ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in NanoSensors' reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by NanoSensors or any other person that the objectives and plans of NanoSensors will be achieved.
SOURCE NanoSensors, Inc.
Metro office boom faltered in 2007: For first time in three years, market fails to absorb new places for rent [The Baltimore Sun] Knight Ridder/Tribu
Metro office boom faltered in 2007: For first time in three years, market fails to absorb new places for rent [The Baltimore Sun]Knight Ridder/Tribune "Business News "
Jan. 17--The streak has ended.
For the first time in three years, the construction of office buildings in metropolitan Baltimore far outpaced the amount of space tenants signed up to lease.
Just 43 percent of 1.8 million square feet of new office space completed in the Baltimore region last year was leased, according to a study by Colliers Pinkard, a commercial brokerage.
The study shows an end to an unprecedented run in which the office market had been both building and absorbing more than 2 million square feet of space per year.
The square footage that found tenants -- 781,000 -- in 2007 was 67 percent lower than in 2006. At the same time, the market is bracing for even more new space, with 2.6 million square feet currently under development, according to Colliers Pinkard's year-end market report.
Commercial real estate experts blamed economic jitters as well as a reversal of fortunes for tenants in sectors such as residential mortgages, who are abandoning or reducing office space.
The commercial market is facing fallout from tighter credit markets in the aftermath of the subprime mortgage crisis, which could narrow the pool of investors in commercial properties as well as make it more difficult to obtain financing.
"We've had very, very strong cycles, and now are hitting that patch where growth is less sustainable, and that's what happened this past year," said Jeff Samet, a senior vice president with Colliers Pinkard.
The slowdown has hit hardest two of the region's hottest commercial hubs: around Baltimore-Washington International Thurgood Marshall Airport and in greater Annapolis, Colliers said.
In the BWI market, just 29 percent of the 580,000 square feet of new space was leased, the lowest level in five years, driving the total vacancy rate to 13.6 percent, up from 9.9 percent. Construction outpaced absorption as well in the Annapolis market, with the vacancy rate rising 5 percentage points to 7.8 percent.
Samet said developers had planned the new projects based on past and expected growth, especially as demand surged in the post-9/11 increase in government spending for defense and security.
But some tenants, including government contractors, had to make business and leasing adjustments. Some of the larger government contractors, including Computer Sciences Corp., Booz Allen Hamilton Inc. and Titan Corp., put some of their office space on the market to be subleased, Colliers said.
Overall, office vacancies in the metropolitan area rose to 15.2 percent, from 14.2 percent. In addition to the airport and Annapolis, vacancy rates rose in downtown Baltimore, Howard County and the western Baltimore County, Colliers said.
Only suburban northern Baltimore County saw its vacancy rate shrink, from 15.4 percent to 13.5 percent, according to Colliers.
In an uncertain economy, tenants have become much more cautious and slow to make decisions on whether to renew leases or expand them, landlords and brokers said.
"A lot of people we see looking at space and kicking tires, feel they need to be very, very cautious," said Gerard J. Wit, a vice president with St. John Properties, of Baltimore, a commercial developer and landlord in Maryland and five other states. "We especially see that on retail and it's the same mentality for the office people."
Brokers and landlords are seeing fewer leasing prospects, said J. William Miller, a principal and senior vice president of the Baltimore commercial real estate services firm NAI KLNB.
"There's a shorter supply of people looking, and when prospects do surface, the deals are slow," Miller said.
Rental rates are for the most part holding steady, though some landlords are offering incentives to brokers, such as bonuses, to bring them tenants, Miller and others said.
St. John has become more cautious in taking on new projects, Wit said. The company which develops, owns and manages commercial properties and has 15 in various stages of development, typically "on spec," or not for specific tenants, is continuing to buy and prepare land but is weighing carefully when to start building, he said.
Developers who conceived their projects at the height of demand are now seeing the effects of a slower market.
"You start designing and building when you think the market is good, and you then bring those projects to the market, and sometimes it's better than expected, sometimes it's just as expected and sometimes worse," said Steve Shaw, co-director of leasing at Merritt Properties. "Why didn't it all get absorbed? There wasn't enough demand. But that does not mean there will be no demand in the future."
Despite the slowdown, Merritt has not seen much of a change in its overall occupancy rate of about 95 percent and is continuing to build speculative office and bulk warehouse projects, Shaw said.
Over the summer, Merritt completed a 68,000-square-foot, two-story office building at Meadowridge 95, a 25-acre office park along I-95 in Elkridge. The structure -- which just got its first tenant, a medical information management company -- was Merritt's second building in the park, where four are planned.
The company has had some preliminary talks with prospective tenants for the future buildings but usually holds off on new construction until an existing building is at least 50 percent leased, said Beth Fenwick, a marketing official for Merritt.
Developers likely will continue targeting areas where they expect increased demand from the federal base realignment and closure process, known as BRAC -- mostly Anne Arundel and Howard counties, according to a KLNB year-end report on the Baltimore-Washington corridor. More than 500,000 square feet of new office space will be completed this year alone in Anne Arundel, KLNB said.
But increasing land prices will keep overbuilding in check, KLNB said.
Howard County fared best in absorbing office space, the Colliers report showed. The county absorbed 317,000 square feet, an amount experts said would have been higher if not for the collapse of residential mortgage tenants such as Fieldstone Investment Corp. and American Home Mortgage Investment Corp., which left Columbia's vacancy rate the highest in the region at 21.6 percent.
The county is benefiting from new job growth. Some 520,000 square feet of new space was completed and 500,000 square feet of space absorbed in the US Route 1 corridor alone, KLNB said.
lorraine.mirabella@baltsun.com
To see more of The Baltimore Sun, or to subscribe to the newspaper, go to http://www.baltimoresun.com.
Copyright (c) 2008, The Baltimore Sun
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
Jan. 17--The streak has ended.
For the first time in three years, the construction of office buildings in metropolitan Baltimore far outpaced the amount of space tenants signed up to lease.
Just 43 percent of 1.8 million square feet of new office space completed in the Baltimore region last year was leased, according to a study by Colliers Pinkard, a commercial brokerage.
The study shows an end to an unprecedented run in which the office market had been both building and absorbing more than 2 million square feet of space per year.
The square footage that found tenants -- 781,000 -- in 2007 was 67 percent lower than in 2006. At the same time, the market is bracing for even more new space, with 2.6 million square feet currently under development, according to Colliers Pinkard's year-end market report.
Commercial real estate experts blamed economic jitters as well as a reversal of fortunes for tenants in sectors such as residential mortgages, who are abandoning or reducing office space.
The commercial market is facing fallout from tighter credit markets in the aftermath of the subprime mortgage crisis, which could narrow the pool of investors in commercial properties as well as make it more difficult to obtain financing.
"We've had very, very strong cycles, and now are hitting that patch where growth is less sustainable, and that's what happened this past year," said Jeff Samet, a senior vice president with Colliers Pinkard.
The slowdown has hit hardest two of the region's hottest commercial hubs: around Baltimore-Washington International Thurgood Marshall Airport and in greater Annapolis, Colliers said.
In the BWI market, just 29 percent of the 580,000 square feet of new space was leased, the lowest level in five years, driving the total vacancy rate to 13.6 percent, up from 9.9 percent. Construction outpaced absorption as well in the Annapolis market, with the vacancy rate rising 5 percentage points to 7.8 percent.
Samet said developers had planned the new projects based on past and expected growth, especially as demand surged in the post-9/11 increase in government spending for defense and security.
But some tenants, including government contractors, had to make business and leasing adjustments. Some of the larger government contractors, including Computer Sciences Corp., Booz Allen Hamilton Inc. and Titan Corp., put some of their office space on the market to be subleased, Colliers said.
Overall, office vacancies in the metropolitan area rose to 15.2 percent, from 14.2 percent. In addition to the airport and Annapolis, vacancy rates rose in downtown Baltimore, Howard County and the western Baltimore County, Colliers said.
Only suburban northern Baltimore County saw its vacancy rate shrink, from 15.4 percent to 13.5 percent, according to Colliers.
In an uncertain economy, tenants have become much more cautious and slow to make decisions on whether to renew leases or expand them, landlords and brokers said.
"A lot of people we see looking at space and kicking tires, feel they need to be very, very cautious," said Gerard J. Wit, a vice president with St. John Properties, of Baltimore, a commercial developer and landlord in Maryland and five other states. "We especially see that on retail and it's the same mentality for the office people."
Brokers and landlords are seeing fewer leasing prospects, said J. William Miller, a principal and senior vice president of the Baltimore commercial real estate services firm NAI KLNB.
"There's a shorter supply of people looking, and when prospects do surface, the deals are slow," Miller said.
Rental rates are for the most part holding steady, though some landlords are offering incentives to brokers, such as bonuses, to bring them tenants, Miller and others said.
St. John has become more cautious in taking on new projects, Wit said. The company which develops, owns and manages commercial properties and has 15 in various stages of development, typically "on spec," or not for specific tenants, is continuing to buy and prepare land but is weighing carefully when to start building, he said.
Developers who conceived their projects at the height of demand are now seeing the effects of a slower market.
"You start designing and building when you think the market is good, and you then bring those projects to the market, and sometimes it's better than expected, sometimes it's just as expected and sometimes worse," said Steve Shaw, co-director of leasing at Merritt Properties. "Why didn't it all get absorbed? There wasn't enough demand. But that does not mean there will be no demand in the future."
Despite the slowdown, Merritt has not seen much of a change in its overall occupancy rate of about 95 percent and is continuing to build speculative office and bulk warehouse projects, Shaw said.
Over the summer, Merritt completed a 68,000-square-foot, two-story office building at Meadowridge 95, a 25-acre office park along I-95 in Elkridge. The structure -- which just got its first tenant, a medical information management company -- was Merritt's second building in the park, where four are planned.
The company has had some preliminary talks with prospective tenants for the future buildings but usually holds off on new construction until an existing building is at least 50 percent leased, said Beth Fenwick, a marketing official for Merritt.
Developers likely will continue targeting areas where they expect increased demand from the federal base realignment and closure process, known as BRAC -- mostly Anne Arundel and Howard counties, according to a KLNB year-end report on the Baltimore-Washington corridor. More than 500,000 square feet of new office space will be completed this year alone in Anne Arundel, KLNB said.
But increasing land prices will keep overbuilding in check, KLNB said.
Howard County fared best in absorbing office space, the Colliers report showed. The county absorbed 317,000 square feet, an amount experts said would have been higher if not for the collapse of residential mortgage tenants such as Fieldstone Investment Corp. and American Home Mortgage Investment Corp., which left Columbia's vacancy rate the highest in the region at 21.6 percent.
The county is benefiting from new job growth. Some 520,000 square feet of new space was completed and 500,000 square feet of space absorbed in the US Route 1 corridor alone, KLNB said.
lorraine.mirabella@baltsun.com
To see more of The Baltimore Sun, or to subscribe to the newspaper, go to http://www.baltimoresun.com.
Copyright (c) 2008, The Baltimore Sun
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
AFA Music Group Signs Singer/Songwriter, Alex Boyd, to Roster of Artists Market Wire "US Press Releases "
AFA Music Group Signs Singer/Songwriter, Alex Boyd, to Roster of ArtistsMarket Wire "US Press Releases "
WHITE PLAINS, NY -- (MARKET WIRE) -- 01/17/08 -- AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce the signing of Alex Boyd to the Company's roster of artists. Mr. Boyd is currently working on a new album project that is being produced by AFA Music Group's Tommy Henriksen. Alex Boyd's songs will be available for the initial launch of the AFA digital music label early this year.
At age 23, Alex Boyd already has a rich history in the entertainment business, and gained attention as one of the finalists on the reality competition show, "Fame." He was educated at the Duke Ellington School of the Arts in Washington D.C. and the renowned Interlochen Arts Academy in Interlochen, Michigan, studying opera and classical voice. He has been an actor and dancer on stage since he was a child.
"Alex is extremely talented and he's only scratched the surface of his abilities. He's got an incredible singing voice and is marketable as an all-around entertainer. His sound is evolving with more and more time in the studio with Tommy Henriksen, and we're very anxious to hear the reaction to his first releases," stated Jon Goldwater, CEO of AFA Music Group, Ltd.
AFA Music Group is currently focusing on two of Alex Boyd's original songs for release as singles and videos. Since he began work on his album project with AFA and Tommy Henriksen, song plays on Alex Boyd's MySpace page have increased from an average of 10 per day to as many as 15,000. For more information, and to hear samples of Alex Boyd's songs, please visit: http://myspace.com/alexboydmusic.
About AFA Music Group, Ltd.:
AFA Music Group plans on simultaneously acquiring various music-publishing assets and to begin developing its own catalogue of artists and albums. AFA retains equity positions with all of its artists, which include all income streams that are generated by these artists. These income streams include recording royalties, merchandise, sponsorship, touring, music publishing, Internet downloads and ringtones.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
To automatically receive instant updates, press releases, and other information on this and other Big Apple Consulting USA companies, please visit www.bigappleconsulting.com/compro.php and download your FREE copy of Big Apple ComPro. Contact:
Investor Relations
1-866-THE-APPL(E)
www.afamusicltd.com
WHITE PLAINS, NY -- (MARKET WIRE) -- 01/17/08 -- AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce the signing of Alex Boyd to the Company's roster of artists. Mr. Boyd is currently working on a new album project that is being produced by AFA Music Group's Tommy Henriksen. Alex Boyd's songs will be available for the initial launch of the AFA digital music label early this year.
At age 23, Alex Boyd already has a rich history in the entertainment business, and gained attention as one of the finalists on the reality competition show, "Fame." He was educated at the Duke Ellington School of the Arts in Washington D.C. and the renowned Interlochen Arts Academy in Interlochen, Michigan, studying opera and classical voice. He has been an actor and dancer on stage since he was a child.
"Alex is extremely talented and he's only scratched the surface of his abilities. He's got an incredible singing voice and is marketable as an all-around entertainer. His sound is evolving with more and more time in the studio with Tommy Henriksen, and we're very anxious to hear the reaction to his first releases," stated Jon Goldwater, CEO of AFA Music Group, Ltd.
AFA Music Group is currently focusing on two of Alex Boyd's original songs for release as singles and videos. Since he began work on his album project with AFA and Tommy Henriksen, song plays on Alex Boyd's MySpace page have increased from an average of 10 per day to as many as 15,000. For more information, and to hear samples of Alex Boyd's songs, please visit: http://myspace.com/alexboydmusic.
About AFA Music Group, Ltd.:
AFA Music Group plans on simultaneously acquiring various music-publishing assets and to begin developing its own catalogue of artists and albums. AFA retains equity positions with all of its artists, which include all income streams that are generated by these artists. These income streams include recording royalties, merchandise, sponsorship, touring, music publishing, Internet downloads and ringtones.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
To automatically receive instant updates, press releases, and other information on this and other Big Apple Consulting USA companies, please visit www.bigappleconsulting.com/compro.php and download your FREE copy of Big Apple ComPro. Contact:
Investor Relations
1-866-THE-APPL(E)
www.afamusicltd.com
Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengers Business Wire "US P
Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengersBusiness Wire "US Press Releases "
PARIS--(BUSINESS WIRE)--
Regulatory News: Aeroports de Paris (Pink Sheets:AEOPF) (Paris:ADP):
Passenger traffic figures
In December 2007, Aeroports de Paris handled 6.7 million passengers, an increase of 3.7% on December 2006. Paris-Charles de Gaulle airport recorded a gain of 5.4% to 4.6 million passengers and Paris-Orly airport was up by 0.2% to 2.1 million passengers.
For the full year 2007, Aeroports de Paris handled, once more, a record number of 86.4 million passengers. As in 2006, passenger traffic remained robust with a 4.7% growth over twelve months. It represents a 5.4% increase for Paris-Charles de Gaulle airport to nearly 60 million passengers and a 3.2% increase for Paris-Orly airport to 26.4 million passengers. The different labour disputes in the air transport sector impacted the 2007 traffic growth by an estimated 25 basis point (two thirds of which being linked to the events of October and one third to those of December).
These results place Aeroports de Paris for the 4th consecutive year ahead of the three main European airports in terms of growth.
December traffic figures are attributable to the increase in traffic on European and international routes.
Domestic traffic fell by 7% due notably to labour disputes in the air transport sector and Eastern high speed train (TGV Est). European traffic grew by 4.7% thanks to Schengen traffic (6.8%). Traffic increased by 1.6% on routes to and from the twelve(1) new European Union members. The British and Irish markets decreased slightly by 0.6%.
Traffic on the other international routes was up 9.2 %. The North and Latin American markets rose by 7.5%. The African market recorded a strong increase of 11.7%. An 8.9% increase was recorded on routes to and from Asia and the Middle East.
Commercial Passenger traffic Passenger December January to December % change*
traffic 2007 % change* 2007
figures
------------ ------------ ---------- ------------------- ------------
Paris-CDG 4, 645, 433 5.4% 59, 922, 177 5.4%
------------ ------------ ---------- ------------------- ------------
Paris-Orly 2, 067, 058 0.2% 26, 440, 736 3.2%
------------ ------------ ---------- ------------------- ------------
Total 6, 712, 491 3.7% 86, 362, 913 4.7%
------------ ------------ ---------- ------------------- ------------
* year on year
Traffic by geographic area Markets Markets rate Monthly change
Dec 2007 / Dec 2006
---------------------------- ------------------- ---------------------
Europe
---------------------------- ------------------- ---------------------
Domestic 19.8 % - 7 %
---------------------------- ------------------- ---------------------
French Overseas Territories
and Departments 4.3 % 5.6 %
---------------------------- ------------------- ---------------------
Europe 39.6 % 4.7 %
Of which Schengen 26 % 6.8 %
---------------------------- ------------------- ---------------------
Other international
---------------------------- ------------------- ---------------------
Africa 11.6 % 11.7 %
---------------------------- ------------------- ---------------------
North America,
Latin America & Caribbeans 13.3 % 7.5%
---------------------------- ------------------- ---------------------
Asia/Pacific & Middle East 11.4 % 8.9 %
---------------------------- ------------------- ---------------------
TOTAL 100 % 3.7 %
---------------------------- ------------------- ---------------------
Note: All our traffic figures are based on commercial passenger traffic (including passengers in direct transit)
Aircraft movements
The number of aircraft movements increased slightly by 0.9% in December year on year (2.1% at Paris-Charles de Gaulle and -1.9% at Paris-Orly). The passenger load factor was stable at 71.32%.
Commercial aircraft movements December % change* January to % change*
2007 December 2007
------------- ------------ --------- -------------- -----------
Paris-CDG 43, 954 2.1% 543, 810 2%
------------- ------------ --------- -------------- -----------
Paris-Orly 18, 222 -1.9% 232, 991 1.6%
------------- ------------ --------- -------------- -----------
Total 62,176 0.9% 776, 801 1.9%
------------- ------------ --------- -------------- -----------
* year on year
(1) Romania and Bulgaria joined the European Union on January 1st , 2007 www.aeroportsdeparis.fr
Aeroports de Paris builds, develops and manages airports including Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aeroports de Paris is the 2nd European airport group in terms of airport turnover and the 1st European airport group in terms of cargo and mail. Aeroports de Paris accommodates nearly 460 airlines, mainly the major actors of air transport.
Benefiting from an exceptional geographical location and a major trading area, the group's strategy is to modernize its terminal facilities and to upgrade its quality of service. It also intends to develop its retail and real estate business. In 2006, Aeroports de Paris Group had a turnover of 2,076.8 million euros, and a net result of 152.1 million euros. Aeroports de Paris handled 82.5 million passengers in 2006.
Source: Aeroports de Paris
PARIS--(BUSINESS WIRE)--
Regulatory News: Aeroports de Paris (Pink Sheets:AEOPF) (Paris:ADP):
Passenger traffic figures
In December 2007, Aeroports de Paris handled 6.7 million passengers, an increase of 3.7% on December 2006. Paris-Charles de Gaulle airport recorded a gain of 5.4% to 4.6 million passengers and Paris-Orly airport was up by 0.2% to 2.1 million passengers.
For the full year 2007, Aeroports de Paris handled, once more, a record number of 86.4 million passengers. As in 2006, passenger traffic remained robust with a 4.7% growth over twelve months. It represents a 5.4% increase for Paris-Charles de Gaulle airport to nearly 60 million passengers and a 3.2% increase for Paris-Orly airport to 26.4 million passengers. The different labour disputes in the air transport sector impacted the 2007 traffic growth by an estimated 25 basis point (two thirds of which being linked to the events of October and one third to those of December).
These results place Aeroports de Paris for the 4th consecutive year ahead of the three main European airports in terms of growth.
December traffic figures are attributable to the increase in traffic on European and international routes.
Domestic traffic fell by 7% due notably to labour disputes in the air transport sector and Eastern high speed train (TGV Est). European traffic grew by 4.7% thanks to Schengen traffic (6.8%). Traffic increased by 1.6% on routes to and from the twelve(1) new European Union members. The British and Irish markets decreased slightly by 0.6%.
Traffic on the other international routes was up 9.2 %. The North and Latin American markets rose by 7.5%. The African market recorded a strong increase of 11.7%. An 8.9% increase was recorded on routes to and from Asia and the Middle East.
Commercial Passenger traffic Passenger December January to December % change*
traffic 2007 % change* 2007
figures
------------ ------------ ---------- ------------------- ------------
Paris-CDG 4, 645, 433 5.4% 59, 922, 177 5.4%
------------ ------------ ---------- ------------------- ------------
Paris-Orly 2, 067, 058 0.2% 26, 440, 736 3.2%
------------ ------------ ---------- ------------------- ------------
Total 6, 712, 491 3.7% 86, 362, 913 4.7%
------------ ------------ ---------- ------------------- ------------
* year on year
Traffic by geographic area Markets Markets rate Monthly change
Dec 2007 / Dec 2006
---------------------------- ------------------- ---------------------
Europe
---------------------------- ------------------- ---------------------
Domestic 19.8 % - 7 %
---------------------------- ------------------- ---------------------
French Overseas Territories
and Departments 4.3 % 5.6 %
---------------------------- ------------------- ---------------------
Europe 39.6 % 4.7 %
Of which Schengen 26 % 6.8 %
---------------------------- ------------------- ---------------------
Other international
---------------------------- ------------------- ---------------------
Africa 11.6 % 11.7 %
---------------------------- ------------------- ---------------------
North America,
Latin America & Caribbeans 13.3 % 7.5%
---------------------------- ------------------- ---------------------
Asia/Pacific & Middle East 11.4 % 8.9 %
---------------------------- ------------------- ---------------------
TOTAL 100 % 3.7 %
---------------------------- ------------------- ---------------------
Note: All our traffic figures are based on commercial passenger traffic (including passengers in direct transit)
Aircraft movements
The number of aircraft movements increased slightly by 0.9% in December year on year (2.1% at Paris-Charles de Gaulle and -1.9% at Paris-Orly). The passenger load factor was stable at 71.32%.
Commercial aircraft movements December % change* January to % change*
2007 December 2007
------------- ------------ --------- -------------- -----------
Paris-CDG 43, 954 2.1% 543, 810 2%
------------- ------------ --------- -------------- -----------
Paris-Orly 18, 222 -1.9% 232, 991 1.6%
------------- ------------ --------- -------------- -----------
Total 62,176 0.9% 776, 801 1.9%
------------- ------------ --------- -------------- -----------
* year on year
(1) Romania and Bulgaria joined the European Union on January 1st , 2007 www.aeroportsdeparis.fr
Aeroports de Paris builds, develops and manages airports including Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aeroports de Paris is the 2nd European airport group in terms of airport turnover and the 1st European airport group in terms of cargo and mail. Aeroports de Paris accommodates nearly 460 airlines, mainly the major actors of air transport.
Benefiting from an exceptional geographical location and a major trading area, the group's strategy is to modernize its terminal facilities and to upgrade its quality of service. It also intends to develop its retail and real estate business. In 2006, Aeroports de Paris Group had a turnover of 2,076.8 million euros, and a net result of 152.1 million euros. Aeroports de Paris handled 82.5 million passengers in 2006.
Source: Aeroports de Paris
Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengers Business Wire "US P
Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengersBusiness Wire "US Press Releases "
PARIS--(BUSINESS WIRE)--
Regulatory News: Aeroports de Paris (Pink Sheets:AEOPF) (Paris:ADP):
Passenger traffic figures
In December 2007, Aeroports de Paris handled 6.7 million passengers, an increase of 3.7% on December 2006. Paris-Charles de Gaulle airport recorded a gain of 5.4% to 4.6 million passengers and Paris-Orly airport was up by 0.2% to 2.1 million passengers.
For the full year 2007, Aeroports de Paris handled, once more, a record number of 86.4 million passengers. As in 2006, passenger traffic remained robust with a 4.7% growth over twelve months. It represents a 5.4% increase for Paris-Charles de Gaulle airport to nearly 60 million passengers and a 3.2% increase for Paris-Orly airport to 26.4 million passengers. The different labour disputes in the air transport sector impacted the 2007 traffic growth by an estimated 25 basis point (two thirds of which being linked to the events of October and one third to those of December).
These results place Aeroports de Paris for the 4th consecutive year ahead of the three main European airports in terms of growth.
December traffic figures are attributable to the increase in traffic on European and international routes.
Domestic traffic fell by 7% due notably to labour disputes in the air transport sector and Eastern high speed train (TGV Est). European traffic grew by 4.7% thanks to Schengen traffic (6.8%). Traffic increased by 1.6% on routes to and from the twelve(1) new European Union members. The British and Irish markets decreased slightly by 0.6%.
Traffic on the other international routes was up 9.2 %. The North and Latin American markets rose by 7.5%. The African market recorded a strong increase of 11.7%. An 8.9% increase was recorded on routes to and from Asia and the Middle East.
Commercial Passenger traffic Passenger December January to December % change*
traffic 2007 % change* 2007
figures
------------ ------------ ---------- ------------------- ------------
Paris-CDG 4, 645, 433 5.4% 59, 922, 177 5.4%
------------ ------------ ---------- ------------------- ------------
Paris-Orly 2, 067, 058 0.2% 26, 440, 736 3.2%
------------ ------------ ---------- ------------------- ------------
Total 6, 712, 491 3.7% 86, 362, 913 4.7%
------------ ------------ ---------- ------------------- ------------
* year on year
Traffic by geographic area Markets Markets rate Monthly change
Dec 2007 / Dec 2006
---------------------------- ------------------- ---------------------
Europe
---------------------------- ------------------- ---------------------
Domestic 19.8 % - 7 %
---------------------------- ------------------- ---------------------
French Overseas Territories
and Departments 4.3 % 5.6 %
---------------------------- ------------------- ---------------------
Europe 39.6 % 4.7 %
Of which Schengen 26 % 6.8 %
---------------------------- ------------------- ---------------------
Other international
---------------------------- ------------------- ---------------------
Africa 11.6 % 11.7 %
---------------------------- ------------------- ---------------------
North America,
Latin America & Caribbeans 13.3 % 7.5%
---------------------------- ------------------- ---------------------
Asia/Pacific & Middle East 11.4 % 8.9 %
---------------------------- ------------------- ---------------------
TOTAL 100 % 3.7 %
---------------------------- ------------------- ---------------------
Note: All our traffic figures are based on commercial passenger traffic (including passengers in direct transit)
Aircraft movements
The number of aircraft movements increased slightly by 0.9% in December year on year (2.1% at Paris-Charles de Gaulle and -1.9% at Paris-Orly). The passenger load factor was stable at 71.32%.
Commercial aircraft movements December % change* January to % change*
2007 December 2007
------------- ------------ --------- -------------- -----------
Paris-CDG 43, 954 2.1% 543, 810 2%
------------- ------------ --------- -------------- -----------
Paris-Orly 18, 222 -1.9% 232, 991 1.6%
------------- ------------ --------- -------------- -----------
Total 62,176 0.9% 776, 801 1.9%
------------- ------------ --------- -------------- -----------
* year on year
(1) Romania and Bulgaria joined the European Union on January 1st , 2007 www.aeroportsdeparis.fr
Aeroports de Paris builds, develops and manages airports including Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aeroports de Paris is the 2nd European airport group in terms of airport turnover and the 1st European airport group in terms of cargo and mail. Aeroports de Paris accommodates nearly 460 airlines, mainly the major actors of air transport.
Benefiting from an exceptional geographical location and a major trading area, the group's strategy is to modernize its terminal facilities and to upgrade its quality of service. It also intends to develop its retail and real estate business. In 2006, Aeroports de Paris Group had a turnover of 2,076.8 million euros, and a net result of 152.1 million euros. Aeroports de Paris handled 82.5 million passengers in 2006.
Source: Aeroports de Paris
PARIS--(BUSINESS WIRE)--
Regulatory News: Aeroports de Paris (Pink Sheets:AEOPF) (Paris:ADP):
Passenger traffic figures
In December 2007, Aeroports de Paris handled 6.7 million passengers, an increase of 3.7% on December 2006. Paris-Charles de Gaulle airport recorded a gain of 5.4% to 4.6 million passengers and Paris-Orly airport was up by 0.2% to 2.1 million passengers.
For the full year 2007, Aeroports de Paris handled, once more, a record number of 86.4 million passengers. As in 2006, passenger traffic remained robust with a 4.7% growth over twelve months. It represents a 5.4% increase for Paris-Charles de Gaulle airport to nearly 60 million passengers and a 3.2% increase for Paris-Orly airport to 26.4 million passengers. The different labour disputes in the air transport sector impacted the 2007 traffic growth by an estimated 25 basis point (two thirds of which being linked to the events of October and one third to those of December).
These results place Aeroports de Paris for the 4th consecutive year ahead of the three main European airports in terms of growth.
December traffic figures are attributable to the increase in traffic on European and international routes.
Domestic traffic fell by 7% due notably to labour disputes in the air transport sector and Eastern high speed train (TGV Est). European traffic grew by 4.7% thanks to Schengen traffic (6.8%). Traffic increased by 1.6% on routes to and from the twelve(1) new European Union members. The British and Irish markets decreased slightly by 0.6%.
Traffic on the other international routes was up 9.2 %. The North and Latin American markets rose by 7.5%. The African market recorded a strong increase of 11.7%. An 8.9% increase was recorded on routes to and from Asia and the Middle East.
Commercial Passenger traffic Passenger December January to December % change*
traffic 2007 % change* 2007
figures
------------ ------------ ---------- ------------------- ------------
Paris-CDG 4, 645, 433 5.4% 59, 922, 177 5.4%
------------ ------------ ---------- ------------------- ------------
Paris-Orly 2, 067, 058 0.2% 26, 440, 736 3.2%
------------ ------------ ---------- ------------------- ------------
Total 6, 712, 491 3.7% 86, 362, 913 4.7%
------------ ------------ ---------- ------------------- ------------
* year on year
Traffic by geographic area Markets Markets rate Monthly change
Dec 2007 / Dec 2006
---------------------------- ------------------- ---------------------
Europe
---------------------------- ------------------- ---------------------
Domestic 19.8 % - 7 %
---------------------------- ------------------- ---------------------
French Overseas Territories
and Departments 4.3 % 5.6 %
---------------------------- ------------------- ---------------------
Europe 39.6 % 4.7 %
Of which Schengen 26 % 6.8 %
---------------------------- ------------------- ---------------------
Other international
---------------------------- ------------------- ---------------------
Africa 11.6 % 11.7 %
---------------------------- ------------------- ---------------------
North America,
Latin America & Caribbeans 13.3 % 7.5%
---------------------------- ------------------- ---------------------
Asia/Pacific & Middle East 11.4 % 8.9 %
---------------------------- ------------------- ---------------------
TOTAL 100 % 3.7 %
---------------------------- ------------------- ---------------------
Note: All our traffic figures are based on commercial passenger traffic (including passengers in direct transit)
Aircraft movements
The number of aircraft movements increased slightly by 0.9% in December year on year (2.1% at Paris-Charles de Gaulle and -1.9% at Paris-Orly). The passenger load factor was stable at 71.32%.
Commercial aircraft movements December % change* January to % change*
2007 December 2007
------------- ------------ --------- -------------- -----------
Paris-CDG 43, 954 2.1% 543, 810 2%
------------- ------------ --------- -------------- -----------
Paris-Orly 18, 222 -1.9% 232, 991 1.6%
------------- ------------ --------- -------------- -----------
Total 62,176 0.9% 776, 801 1.9%
------------- ------------ --------- -------------- -----------
* year on year
(1) Romania and Bulgaria joined the European Union on January 1st , 2007 www.aeroportsdeparis.fr
Aeroports de Paris builds, develops and manages airports including Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aeroports de Paris is the 2nd European airport group in terms of airport turnover and the 1st European airport group in terms of cargo and mail. Aeroports de Paris accommodates nearly 460 airlines, mainly the major actors of air transport.
Benefiting from an exceptional geographical location and a major trading area, the group's strategy is to modernize its terminal facilities and to upgrade its quality of service. It also intends to develop its retail and real estate business. In 2006, Aeroports de Paris Group had a turnover of 2,076.8 million euros, and a net result of 152.1 million euros. Aeroports de Paris handled 82.5 million passengers in 2006.
Source: Aeroports de Paris
Active Power Protects U.S. Military Installation from Electrical Disturbances Business Wire "US Press Releases "
Active Power Protects U.S. Military Installation from Electrical DisturbancesBusiness Wire "US Press Releases "
AUSTIN, Texas--(BUSINESS WIRE)--
Active Power, Inc. (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced the deployment of a 600 kVA CleanSource(R) UPS (uninterruptible power supply) system at a U.S. military facility. The flywheel based UPS system protects the facility from power sags, fluctuations and outages, ensuring continuous uptime 24 hours a day, seven days a week.
"This facility serves as a critical communications hub for the U.S. military and we're excited to have our system deployed onsite, protecting mission critical communications and telecom equipment," said Gary Rackow, vice president, Americas for Active Power. "Active Power's flywheel technology was an ideal fit for the facility not only for its industry leading energy efficiency rating, but because of its small footprint. It consumes less than half of the space of a legacy battery based system. Our General Services Administration (GSA) contract also made the acquisition of the technology that much easier for the end user."
At up to 98 percent energy efficient, Active Power's flywheel UPS technology has saved customers more than $40 million in energy costs since 1992. In addition, the flywheel is mechanical in nature as compared to a double conversion battery based UPS system which contains lead acid batteries, making it a chemical composition. As a result, the reliability and predictability of the flywheel is much easier to monitor. In fact, the flywheel produces more than 6,000 data points each second of operation, providing the operator a wealth of information including predictive failure analysis, real time relational monitoring and data capture that promotes rapid root cause analysis.
About Active Power (GSA #07F-0061N)
Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power's flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com.
Cautionary Note Regarding Forward-Looking Statements
This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.
Active Power, the Active Power logo, CleanSource and CoolAir are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.
Source: Active Power, Inc.
AUSTIN, Texas--(BUSINESS WIRE)--
Active Power, Inc. (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced the deployment of a 600 kVA CleanSource(R) UPS (uninterruptible power supply) system at a U.S. military facility. The flywheel based UPS system protects the facility from power sags, fluctuations and outages, ensuring continuous uptime 24 hours a day, seven days a week.
"This facility serves as a critical communications hub for the U.S. military and we're excited to have our system deployed onsite, protecting mission critical communications and telecom equipment," said Gary Rackow, vice president, Americas for Active Power. "Active Power's flywheel technology was an ideal fit for the facility not only for its industry leading energy efficiency rating, but because of its small footprint. It consumes less than half of the space of a legacy battery based system. Our General Services Administration (GSA) contract also made the acquisition of the technology that much easier for the end user."
At up to 98 percent energy efficient, Active Power's flywheel UPS technology has saved customers more than $40 million in energy costs since 1992. In addition, the flywheel is mechanical in nature as compared to a double conversion battery based UPS system which contains lead acid batteries, making it a chemical composition. As a result, the reliability and predictability of the flywheel is much easier to monitor. In fact, the flywheel produces more than 6,000 data points each second of operation, providing the operator a wealth of information including predictive failure analysis, real time relational monitoring and data capture that promotes rapid root cause analysis.
About Active Power (GSA #07F-0061N)
Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power's flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com.
Cautionary Note Regarding Forward-Looking Statements
This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.
Active Power, the Active Power logo, CleanSource and CoolAir are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.
Source: Active Power, Inc.
Alfacell Appoints David Sidransky Chairman of the Board of Directors PR Newswire "US Press Releases "
Alfacell Appoints David Sidransky Chairman of the Board of DirectorsPR Newswire "US Press Releases "
SOMERSET, N.J., Jan. 17 /PRNewswire-FirstCall/ -- Alfacell Corporation (Nasdaq: ACEL) today announced that its board of directors has appointed David Sidransky, M.D., chairman. Dr. Sidransky, 47, has served as Alfacell's vice chairman since January 2007 and as a director since May 2004. He succeeds Kuslima Shogen, Alfacell's chairman since 1996. Ms. Shogen continues to serve as Alfacell's chief executive officer and a director.
Separating the roles of chairman and chief executive officer is considered a best practice of corporate governance and will allow the company to focus on the completion of its rolling new drug application for ONCONASE(R) and pursue new business relationships and opportunities. The change in responsibilities is consistent with the recent and ongoing efforts of the board of directors to develop a succession plan that allows for a smooth leadership transition upon the potential marketing approval of ONCONASE.
"Dr. Sidransky is an asset to our company and our board," said Ms. Shogen. "David and I have worked closely together over the past four years, and his appointment to the chairman's post is a positive step forward as we progress toward our goal of completing Alfacell's transformation into a successful commercial-stage biotechnology company."
About David Sidransky, M.D.
Dr. Sidransky joined the Alfacell board of directors in May 2004 and serves as Chairman of Alfacell's scientific advisory board. The founder of several private biotechnology companies, he has served as a scientific advisory board member for many private and public biotechnology companies, including MedImmune, Telik, Roche and Amgen. In addition, he is a director of ImClone Systems, Champions Biotechnology Inc. and Xenomics Inc. Previously, he was a member of the board of scientific counselors at the NIDCR and a member of the Recombinant DNA advisory committee at the National Institute of Health NIH (RAC).
Currently, Dr. Sidransky is the director of the Head and Neck Cancer Research Division at Johns Hopkins University School of Medicine. In addition, he is a professor of Oncology, Otolaryngology-Head and Neck Surgery, Cellular & Molecular Medicine, Urology, Genetics and Pathology at John Hopkins University and Hospital. Dr. Sidransky is certified in Internal Medicine and Medical Oncology by the American Board of Medicine.
More than 350 articles written by Dr. Sidransky have been published in peer-reviewed journals. Furthermore, he has contributed more than 60 cancer reviews and chapters to industry publications and has secured numerous biotechnology patents. He has been the recipient of many awards and honors, including the 1997 Sarstedt International prize from the German Society of Clinical Chemistry, 1998 Alton Ochsner Award Relating Smoking and Health by the American College of Chest Physicians and the 2004 Hinda Rosenthal Award presented by the American Association of Cancer Research. Dr. Sidransky received his bachelor's degree from Brandeis University and his medical degree from the Baylor College of Medicine.
About ONCONASE(R)
ONCONASE is a first-in-class therapeutic product candidate based on Alfacell's proprietary ribonuclease (RNase) technology. A natural protein isolated from the leopard frog, ONCONASE has been shown in the laboratory and clinic to target cancer cells while sparing normal cells. ONCONASE triggers apoptosis, the natural death of cells, via multiple molecular mechanisms of action.
About Alfacell Corporation
Alfacell Corporation is the first company to advance a biopharmaceutical product candidate that works in a manner similar to RNA interference (RNAi) through late-stage clinical trials. The product candidate, ONCONASE, is an RNase that overcomes the challenges of targeting RNA for therapeutic purposes while enabling the development of a new class of targeted therapies for cancer and other life-threatening diseases. In addition to an ongoing Phase IIIb study in malignant mesothelioma, Alfacell is conducting a Phase I/II trial of ONCONASE in non-small cell lung cancer (NSCLC) and other solid tumors. For more information, visit www.alfacell.com.
Safe Harbor
This press release includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, uncertainties involved in the outcome of the company's ongoing Phase IIIb clinical trial for its lead product, the company's ability to secure necessary approvals from regulatory agencies, uncertainties involving the ability of the company to finance research and development activities and its ongoing operations, potential challenges to or violations of patents, dependence upon third-party vendors, and other risks discussed in the company's periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the company undertakes no obligation to update these statements for revisions or changes after the date of this release. Media and Investor Contact:
David Schull or Wendy Lau
Russo Partners
212-845-4271
David.Schull@russopartnersllc.com
Wendy.Lau@russopartnersllc.com
SOURCE Alfacell Corporation
SOMERSET, N.J., Jan. 17 /PRNewswire-FirstCall/ -- Alfacell Corporation (Nasdaq: ACEL) today announced that its board of directors has appointed David Sidransky, M.D., chairman. Dr. Sidransky, 47, has served as Alfacell's vice chairman since January 2007 and as a director since May 2004. He succeeds Kuslima Shogen, Alfacell's chairman since 1996. Ms. Shogen continues to serve as Alfacell's chief executive officer and a director.
Separating the roles of chairman and chief executive officer is considered a best practice of corporate governance and will allow the company to focus on the completion of its rolling new drug application for ONCONASE(R) and pursue new business relationships and opportunities. The change in responsibilities is consistent with the recent and ongoing efforts of the board of directors to develop a succession plan that allows for a smooth leadership transition upon the potential marketing approval of ONCONASE.
"Dr. Sidransky is an asset to our company and our board," said Ms. Shogen. "David and I have worked closely together over the past four years, and his appointment to the chairman's post is a positive step forward as we progress toward our goal of completing Alfacell's transformation into a successful commercial-stage biotechnology company."
About David Sidransky, M.D.
Dr. Sidransky joined the Alfacell board of directors in May 2004 and serves as Chairman of Alfacell's scientific advisory board. The founder of several private biotechnology companies, he has served as a scientific advisory board member for many private and public biotechnology companies, including MedImmune, Telik, Roche and Amgen. In addition, he is a director of ImClone Systems, Champions Biotechnology Inc. and Xenomics Inc. Previously, he was a member of the board of scientific counselors at the NIDCR and a member of the Recombinant DNA advisory committee at the National Institute of Health NIH (RAC).
Currently, Dr. Sidransky is the director of the Head and Neck Cancer Research Division at Johns Hopkins University School of Medicine. In addition, he is a professor of Oncology, Otolaryngology-Head and Neck Surgery, Cellular & Molecular Medicine, Urology, Genetics and Pathology at John Hopkins University and Hospital. Dr. Sidransky is certified in Internal Medicine and Medical Oncology by the American Board of Medicine.
More than 350 articles written by Dr. Sidransky have been published in peer-reviewed journals. Furthermore, he has contributed more than 60 cancer reviews and chapters to industry publications and has secured numerous biotechnology patents. He has been the recipient of many awards and honors, including the 1997 Sarstedt International prize from the German Society of Clinical Chemistry, 1998 Alton Ochsner Award Relating Smoking and Health by the American College of Chest Physicians and the 2004 Hinda Rosenthal Award presented by the American Association of Cancer Research. Dr. Sidransky received his bachelor's degree from Brandeis University and his medical degree from the Baylor College of Medicine.
About ONCONASE(R)
ONCONASE is a first-in-class therapeutic product candidate based on Alfacell's proprietary ribonuclease (RNase) technology. A natural protein isolated from the leopard frog, ONCONASE has been shown in the laboratory and clinic to target cancer cells while sparing normal cells. ONCONASE triggers apoptosis, the natural death of cells, via multiple molecular mechanisms of action.
About Alfacell Corporation
Alfacell Corporation is the first company to advance a biopharmaceutical product candidate that works in a manner similar to RNA interference (RNAi) through late-stage clinical trials. The product candidate, ONCONASE, is an RNase that overcomes the challenges of targeting RNA for therapeutic purposes while enabling the development of a new class of targeted therapies for cancer and other life-threatening diseases. In addition to an ongoing Phase IIIb study in malignant mesothelioma, Alfacell is conducting a Phase I/II trial of ONCONASE in non-small cell lung cancer (NSCLC) and other solid tumors. For more information, visit www.alfacell.com.
Safe Harbor
This press release includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, uncertainties involved in the outcome of the company's ongoing Phase IIIb clinical trial for its lead product, the company's ability to secure necessary approvals from regulatory agencies, uncertainties involving the ability of the company to finance research and development activities and its ongoing operations, potential challenges to or violations of patents, dependence upon third-party vendors, and other risks discussed in the company's periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the company undertakes no obligation to update these statements for revisions or changes after the date of this release. Media and Investor Contact:
David Schull or Wendy Lau
Russo Partners
212-845-4271
David.Schull@russopartnersllc.com
Wendy.Lau@russopartnersllc.com
SOURCE Alfacell Corporation
RedChip Virtual Investor Forum to Feature 11 Small-Cap Companies PrimeNewswire "PrimeNewswire "
RedChip Virtual Investor Forum to Feature 11 Small-Cap CompaniesPrimeNewswire "PrimeNewswire "
ORLANDO, Fla., Jan. 17, 2008 (PRIME NEWSWIRE) -- RedChip Companies, Inc., today announced that company executives from 11 emerging small-cap companies will offer inside views on their industries and businesses during a virtual investor forum Jan. 17, 2008, starting at 8:45 a.m. EST.
The webcast presentations will feature the following companies: UpSNAP, Inc. (OTCBB:UPSN); Carbon Sciences, Inc. (OTCBB:CABN); BioSolar, Inc. (OTCBB:BSRC); ZYTO Corp. (Pink Sheets:ZYTC); Vertical Branding, Inc. (OTCBB:VBDG); Alternative Construction Technologies, Inc. (OTCBB:ACCY); Duska Therapeutics, Inc. (OTCBB:DSKA); Gulf Western Petroleum Corp. (OTCBB:GWPC); Colorado Goldfields, Inc. (OTCBB:CGFI); Hanover Gold Company, Inc. (OTCBB:HVGO); and Worldwide Manufacturing USA, Inc. (OTCBB:WWMU).
The virtual investor forums are offered monthly and feature emerging growth companies from a variety of industries, such as Oil & Gas, Alternative Energy, Biotechnology, Manufacturing, and Industrial Mining, and more.
To view the forum presentations at their scheduled times, visit http://origin.vcall.com/customevent/conferences/redchip/20080117/index.htm.
Or call 1-800-733-2447, Ext. 107, for more information.
About RedChip Companies, Inc.
RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, RedChip Radio(tm) and RedChip TV(tm).
The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.
"Discovering Tomorrow's Blue Chips Today."(tm) CONTACT: RedChip Companies, Inc.
Jon Cunningham
1-800-RedChip (733-2447), Ext. 107
info@redchip.com
www.redchip.com
ORLANDO, Fla., Jan. 17, 2008 (PRIME NEWSWIRE) -- RedChip Companies, Inc., today announced that company executives from 11 emerging small-cap companies will offer inside views on their industries and businesses during a virtual investor forum Jan. 17, 2008, starting at 8:45 a.m. EST.
The webcast presentations will feature the following companies: UpSNAP, Inc. (OTCBB:UPSN); Carbon Sciences, Inc. (OTCBB:CABN); BioSolar, Inc. (OTCBB:BSRC); ZYTO Corp. (Pink Sheets:ZYTC); Vertical Branding, Inc. (OTCBB:VBDG); Alternative Construction Technologies, Inc. (OTCBB:ACCY); Duska Therapeutics, Inc. (OTCBB:DSKA); Gulf Western Petroleum Corp. (OTCBB:GWPC); Colorado Goldfields, Inc. (OTCBB:CGFI); Hanover Gold Company, Inc. (OTCBB:HVGO); and Worldwide Manufacturing USA, Inc. (OTCBB:WWMU).
The virtual investor forums are offered monthly and feature emerging growth companies from a variety of industries, such as Oil & Gas, Alternative Energy, Biotechnology, Manufacturing, and Industrial Mining, and more.
To view the forum presentations at their scheduled times, visit http://origin.vcall.com/customevent/conferences/redchip/20080117/index.htm.
Or call 1-800-733-2447, Ext. 107, for more information.
About RedChip Companies, Inc.
RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, RedChip Radio(tm) and RedChip TV(tm).
The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.
"Discovering Tomorrow's Blue Chips Today."(tm) CONTACT: RedChip Companies, Inc.
Jon Cunningham
1-800-RedChip (733-2447), Ext. 107
info@redchip.com
www.redchip.com
AAA Energy Inc. Drops Interest in Salal Creek Molybdenum Prospect in British Columbia in Favor of China Prospects Market Wire "US Press Releases "
AAA Energy Inc. Drops Interest in Salal Creek Molybdenum Prospect in British Columbia in Favor of China ProspectsMarket Wire "US Press Releases "
RENO, NV -- (MARKET WIRE) -- 01/17/08 -- AAA Energy Inc. (OTCBB: AAAE) (FRANKFURT: AAV) (WKN: A0MUFJ) announces that it will drop further interest in its Salal Creek/Float Creek moly prospect (see news release dated September 18, 2007). Although the Company remains committed to molybdenum as a commodity, the Salal Creek Prospect was found not to fit into the Company's future plans. Instead, the Company will concentrate on China molybdenum prospects whose initial evaluations were positive in a recent trip to China by its President Dr. Earl Abbott (see news release dated December 12, 2007). Prospects evaluated by Dr. Abbott will be discussed in forthcoming news releases.
Recent due diligence by the Company on the Salal Creek Prospect disclosed that the property's location, some 70 kilometers north of Pemberton, B.C., is difficult and remote with alpine conditions and extremely steep terrain containing snowfields and glaciers. Access would require building some 9 kilometers of new road through National Forest lands adjacent to National Parks making permitting difficult, expensive, and time consuming. Although helicopter drilling is feasible and has been done before by other companies, the potential highly mineralized zone will require deep drilling and much bigger equipment requiring road building.
The molybdenum-bearing portion of the Salal Creek Prospect is part of a copper-molybdenum porphyry system and is not consistent with AAA Energy's target of a clean, molybdenum-only system like the world-class Climax-model molybdenum system that is AAA Energy's target.
Finally, with its US-based management team and logistics as well as related regulatory difficulties in managing and working on BC geological interests, it would be considered not in the best interest of the company to focus on a property considered inferior to the company's current roster of molybdenum prospects located principally in China, but with a few located in the United States.
China is the third-largest producer of molybdenum in the world, a specialty metal used for hardening steel. The white metal is valued for its anti-corrosive and strengthening properties and makes up two percent to ten percent of stainless steel. In 2004, China produced approximately 31,000 tonnes of molybdenum as compared with 30,600 tonnes in 2003. The country's identified reserves of approximately 8.55 Mt ranks second worldwide reserves. Three of the six largest producing molybdenum mines in the world are located in China: Luanchuan in the Henan Province, Daheishan in the Jilin Province (1.1 Mt); and Jinduicheng in the Shaanxi Province (970,000 t).
Further Information
Please feel free to call investor relations at 1-516-659-6677 to receive a full corporate investor's package.
About AAA Energy Inc.
AAA Energy Inc. is a publicly traded mineral and natural resource exploration company with its head office located in Reno, Nevada. AAA Energy Inc. aims to secure and develop a portfolio of high quality resource properties globally and in under-explored resource horizons. AAA Energy Inc. trades on the NASDAQ OTC BB under the ticker symbol: AAAE.
On behalf of the Board
Dr. Earl Abbott, President
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that AAA Energy Inc. can identify and successfully negotiate leases for natural and mineral resource properties in China and elsewhere, and that the Company can participate in the exploration of these resource properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission. Contacts:
AAA Energy Inc.
Investor Relations
1-516-659-6677
RENO, NV -- (MARKET WIRE) -- 01/17/08 -- AAA Energy Inc. (OTCBB: AAAE) (FRANKFURT: AAV) (WKN: A0MUFJ) announces that it will drop further interest in its Salal Creek/Float Creek moly prospect (see news release dated September 18, 2007). Although the Company remains committed to molybdenum as a commodity, the Salal Creek Prospect was found not to fit into the Company's future plans. Instead, the Company will concentrate on China molybdenum prospects whose initial evaluations were positive in a recent trip to China by its President Dr. Earl Abbott (see news release dated December 12, 2007). Prospects evaluated by Dr. Abbott will be discussed in forthcoming news releases.
Recent due diligence by the Company on the Salal Creek Prospect disclosed that the property's location, some 70 kilometers north of Pemberton, B.C., is difficult and remote with alpine conditions and extremely steep terrain containing snowfields and glaciers. Access would require building some 9 kilometers of new road through National Forest lands adjacent to National Parks making permitting difficult, expensive, and time consuming. Although helicopter drilling is feasible and has been done before by other companies, the potential highly mineralized zone will require deep drilling and much bigger equipment requiring road building.
The molybdenum-bearing portion of the Salal Creek Prospect is part of a copper-molybdenum porphyry system and is not consistent with AAA Energy's target of a clean, molybdenum-only system like the world-class Climax-model molybdenum system that is AAA Energy's target.
Finally, with its US-based management team and logistics as well as related regulatory difficulties in managing and working on BC geological interests, it would be considered not in the best interest of the company to focus on a property considered inferior to the company's current roster of molybdenum prospects located principally in China, but with a few located in the United States.
China is the third-largest producer of molybdenum in the world, a specialty metal used for hardening steel. The white metal is valued for its anti-corrosive and strengthening properties and makes up two percent to ten percent of stainless steel. In 2004, China produced approximately 31,000 tonnes of molybdenum as compared with 30,600 tonnes in 2003. The country's identified reserves of approximately 8.55 Mt ranks second worldwide reserves. Three of the six largest producing molybdenum mines in the world are located in China: Luanchuan in the Henan Province, Daheishan in the Jilin Province (1.1 Mt); and Jinduicheng in the Shaanxi Province (970,000 t).
Further Information
Please feel free to call investor relations at 1-516-659-6677 to receive a full corporate investor's package.
About AAA Energy Inc.
AAA Energy Inc. is a publicly traded mineral and natural resource exploration company with its head office located in Reno, Nevada. AAA Energy Inc. aims to secure and develop a portfolio of high quality resource properties globally and in under-explored resource horizons. AAA Energy Inc. trades on the NASDAQ OTC BB under the ticker symbol: AAAE.
On behalf of the Board
Dr. Earl Abbott, President
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that AAA Energy Inc. can identify and successfully negotiate leases for natural and mineral resource properties in China and elsewhere, and that the Company can participate in the exploration of these resource properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission. Contacts:
AAA Energy Inc.
Investor Relations
1-516-659-6677
Wednesday, January 2, 2008
Altair Nanotechnologies Completes Manufacturing of Battery Packs for Two Megawatt Battery System on Schedule Business Wire "US Press Releases "
Altair Nanotechnologies Completes Manufacturing of Battery Packs for Two Megawatt Battery System on ScheduleBusiness Wire "US Press Releases "
RENO, Nev.--(BUSINESS WIRE)--
Altair Nanotechnologies, Inc. (NASDAQ:ALTI), a leading manufacturer of safe, high-performance lithium-titanate battery and energy storage products announced today that it completed on schedule in December the manufacturing of battery packs to be used in a two (2) megawatt energy storage system ordered by the AES Corporation. The $1 million purchase initiated by AES was previously announced in August 2007. Altairnano expects the system to be connected to the grid and tested during the first quarter of 2008.
"This is a significant manufacturing milestone in Altairnano's battery and energy storage go-to-market strategy," said Altairnano President and CEO Alan J. Gotcher, PhD. "We believe that stationary power represents a large market opportunity for Altairnano, and are proud to be working with global power leader AES to develop these large-scale energy storage systems."
Earlier this year, AES and Altairnano announced a joint development and equipment purchase agreement related to Altairnano's battery and energy storage products. Under the terms of the agreement, the companies will jointly develop a suite of energy storage solutions specifically for AES. Altairnano is working with AES to apply these systems at strategic points within the electrical grid. The quick response time, extended life and power profile of the Altairnano batteries and energy storage products are well suited to improving performance in these areas with the potential for lower environmental impact than traditional generation solutions.
ABOUT ALTAIR NANOTECHNOLOGIES INC.
Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. A seasoned management team, with substantial experience in commercializing innovative, disruptive technologies, complements Altairnano's leading edge scientists. The company has developed nanomaterials for the alternative energy, life sciences and performance materials markets based on its proprietary manufacturing process. This process also provides the foundation for its innovative AHP pigment process. Altairnano is a leading manufacturer of advanced battery pack systems, which are used in stationary power applications, and electric and hybrid-electric vehicles. For more information visit: www.altairnano.com.
Forward-Looking Statements
This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include the risk that AES will, for reasons related to the viability of the project or other reasons, discontinue its support for the joint development project discussed in this press release; that, in future testing or real world application, the energy storage systems will not be as durable or responsive as anticipated or otherwise perform consistent with specifications; and that even if the joint development project is successful on a technical level, market demand will be limited or revenues will otherwise be insufficient to cover associated development, manufacturing and overhead costs. Additional risks are identified in the company's most recent Annual Report on Form 10-K and Form 10-Q, as filed with the SEC. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.
Source: Altair Nanotechnologies, Inc.
RENO, Nev.--(BUSINESS WIRE)--
Altair Nanotechnologies, Inc. (NASDAQ:ALTI), a leading manufacturer of safe, high-performance lithium-titanate battery and energy storage products announced today that it completed on schedule in December the manufacturing of battery packs to be used in a two (2) megawatt energy storage system ordered by the AES Corporation. The $1 million purchase initiated by AES was previously announced in August 2007. Altairnano expects the system to be connected to the grid and tested during the first quarter of 2008.
"This is a significant manufacturing milestone in Altairnano's battery and energy storage go-to-market strategy," said Altairnano President and CEO Alan J. Gotcher, PhD. "We believe that stationary power represents a large market opportunity for Altairnano, and are proud to be working with global power leader AES to develop these large-scale energy storage systems."
Earlier this year, AES and Altairnano announced a joint development and equipment purchase agreement related to Altairnano's battery and energy storage products. Under the terms of the agreement, the companies will jointly develop a suite of energy storage solutions specifically for AES. Altairnano is working with AES to apply these systems at strategic points within the electrical grid. The quick response time, extended life and power profile of the Altairnano batteries and energy storage products are well suited to improving performance in these areas with the potential for lower environmental impact than traditional generation solutions.
ABOUT ALTAIR NANOTECHNOLOGIES INC.
Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. A seasoned management team, with substantial experience in commercializing innovative, disruptive technologies, complements Altairnano's leading edge scientists. The company has developed nanomaterials for the alternative energy, life sciences and performance materials markets based on its proprietary manufacturing process. This process also provides the foundation for its innovative AHP pigment process. Altairnano is a leading manufacturer of advanced battery pack systems, which are used in stationary power applications, and electric and hybrid-electric vehicles. For more information visit: www.altairnano.com.
Forward-Looking Statements
This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include the risk that AES will, for reasons related to the viability of the project or other reasons, discontinue its support for the joint development project discussed in this press release; that, in future testing or real world application, the energy storage systems will not be as durable or responsive as anticipated or otherwise perform consistent with specifications; and that even if the joint development project is successful on a technical level, market demand will be limited or revenues will otherwise be insufficient to cover associated development, manufacturing and overhead costs. Additional risks are identified in the company's most recent Annual Report on Form 10-K and Form 10-Q, as filed with the SEC. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.
Source: Altair Nanotechnologies, Inc.
InferX Corporation Awarded Patent for Distributed Data Mining and Compression Method and System Market Wire "US Press Releases "
InferX Corporation Awarded Patent for Distributed Data Mining and Compression Method and SystemMarket Wire "US Press Releases "
MCLEAN, VA -- (MARKET WIRE) -- 01/02/08 -- InferX Corporation (OTCBB: IFRX), a leading data analytics and security risk firm which provides the most advanced technology and screening process available to protect the U.S., announced today that the U.S. Patent and Trademark Office has approved the issuance of a patent for the company's Distributed Data Mining and Compression Method and System. It was filed on July 10, 2003 for essential components of InferX's flagship product, Distributed Data Analytics Platform (D2AP).
D2AP offers a new generation of technologies for a network-centric approach to pattern discovery from dispersed data. The key benefit of D2AP is that the entire enterprise data can be analyzed at its local points of origin, facilitating near real-time analytics to meet critical mission needs. In addition, by keeping the data where it resides, the approach addresses the ownership, privacy, and security concerns of the organization or enterprise.
"This technology will be able to provide the best protection available for this country," said Jesus Mena, InferX's Chief Strategy Officer. "With the threat of severe security breaches, this technology is pivotal in the prevention of terrorist acts and the general security of private information."
About InferX Corporation:
InferX (OTCBB: IFRX) is a market leader in next generation predictive analytics. The Company has pioneered and commercialized a powerful, proprietary suite of data analytical risk and threat assessment solutions including:
-- InferAgent, a technology that accesses, analyzes and performs
predictive analyses in real-time on multiple, distributed, disparate
databases;
-- InferText, a technology that accesses, analyzes and performs
predictive analyses on documents, reports, e-mails and other texts;
-- InferCluster, a technology that allows users to automatically identify
data clusters and outliers hidden in large amounts of data;
-- Distributed Data Analytics Platform (D2A), used to concurrently
analyze both structured and unstructured data.
InferX is uniquely capable of delivering secure, real-time privacy preserving intelligence and tactical decision-making support for commercial enterprises and government -- all without the need to move data or the creation of costly data warehouses.
For more information go to the InferX website www.inferx.com
Safe Harbor Statement
Statements in this document that are not purely historical are forward-looking statements. Forward-looking statements in this document include statements regarding: the sale and marketing of our products and services, and the Company's efforts to develop additional governmental and commercial revenues. Actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. See a description of risk factors set forth in our Form SB-2 filed with the Securities and Exchange Commission ("SEC") for a discussion of such risks, uncertainties and other factors. The forward-looking statements contained herein are made only as of the date of this presentation and InferX undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. MEDIA RELATIONS CONTACT:
5W Public Relations
Alyssa Miller
212.584.4290
Email Contact
INVESTOR RELATIONS CONTACT:
ROI Group LLC
Mike Dodge
212.495.0744
Email Contact
MCLEAN, VA -- (MARKET WIRE) -- 01/02/08 -- InferX Corporation (OTCBB: IFRX), a leading data analytics and security risk firm which provides the most advanced technology and screening process available to protect the U.S., announced today that the U.S. Patent and Trademark Office has approved the issuance of a patent for the company's Distributed Data Mining and Compression Method and System. It was filed on July 10, 2003 for essential components of InferX's flagship product, Distributed Data Analytics Platform (D2AP).
D2AP offers a new generation of technologies for a network-centric approach to pattern discovery from dispersed data. The key benefit of D2AP is that the entire enterprise data can be analyzed at its local points of origin, facilitating near real-time analytics to meet critical mission needs. In addition, by keeping the data where it resides, the approach addresses the ownership, privacy, and security concerns of the organization or enterprise.
"This technology will be able to provide the best protection available for this country," said Jesus Mena, InferX's Chief Strategy Officer. "With the threat of severe security breaches, this technology is pivotal in the prevention of terrorist acts and the general security of private information."
About InferX Corporation:
InferX (OTCBB: IFRX) is a market leader in next generation predictive analytics. The Company has pioneered and commercialized a powerful, proprietary suite of data analytical risk and threat assessment solutions including:
-- InferAgent, a technology that accesses, analyzes and performs
predictive analyses in real-time on multiple, distributed, disparate
databases;
-- InferText, a technology that accesses, analyzes and performs
predictive analyses on documents, reports, e-mails and other texts;
-- InferCluster, a technology that allows users to automatically identify
data clusters and outliers hidden in large amounts of data;
-- Distributed Data Analytics Platform (D2A), used to concurrently
analyze both structured and unstructured data.
InferX is uniquely capable of delivering secure, real-time privacy preserving intelligence and tactical decision-making support for commercial enterprises and government -- all without the need to move data or the creation of costly data warehouses.
For more information go to the InferX website www.inferx.com
Safe Harbor Statement
Statements in this document that are not purely historical are forward-looking statements. Forward-looking statements in this document include statements regarding: the sale and marketing of our products and services, and the Company's efforts to develop additional governmental and commercial revenues. Actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. See a description of risk factors set forth in our Form SB-2 filed with the Securities and Exchange Commission ("SEC") for a discussion of such risks, uncertainties and other factors. The forward-looking statements contained herein are made only as of the date of this presentation and InferX undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. MEDIA RELATIONS CONTACT:
5W Public Relations
Alyssa Miller
212.584.4290
Email Contact
INVESTOR RELATIONS CONTACT:
ROI Group LLC
Mike Dodge
212.495.0744
Email Contact
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