martCard Marketing Systems Inc. (Velocitymoney.com) and Kahnawake International Your Server Solutions to Deploy KIYSS.com Services to Aboriginals Across North AmericaPR Newswire "US Press Releases "
SAN ANTONIO, Feb. 6 /PRNewswire-FirstCall/ -- As Stated by SmartCard Marketing Systems Inc. (Pink Sheets: SMKG; QYH: Frankfurt) CEO Massimo Barone, "This is an important step in the integration of a combined Payment Gateway that will consist of bringing the Velocitymoney.com platform and operating in a joint business solution with KIYSS.com for Aboriginal Nations as a uniform Money Service solution with products such as Prepaid Cards, Multi-currency accounts, Pin Debit and Money transfers extended from the previous agreement solely for distribution.
The demographic reach of the Aboriginal people is significant and truly is an impressive and untapped market which will give both companies an ideal market place to build from. This market has been left void and now with the combined marketing efforts and resources will create a more broadened spectrum for card activation and funding service centers. Establishing a retail presence in the Aboriginal market gives us a unique opportunity to market a product previously not available."
We seek safe harbor.
SOURCE SmartCard Marketing Systems Inc.
Wednesday, February 6, 2008
ational Health Partners Announces New Membership Agreement with Michigan Hispanic Chamber of Commerce Business Wire "US Press Releases "
ational Health Partners Announces New Membership Agreement with Michigan Hispanic Chamber of CommerceBusiness Wire "US Press Releases "
HORSHAM, Pa.--(BUSINESS WIRE)--
National Health Partners, Inc. (National Health) (OTCBB:NHPR), a leading provider of unique discount healthcare membership programs, announced today that it has entered into a membership agreement with the Michigan Hispanic Chamber of Commerce (MHCC), a leading not-for-profit membership association dedicated to promoting economic development in the Hispanic community through the growth of its member companies.
MHCC is comprised of over 300 member companies, including Michigan's leading Hispanic-owned companies, original equipment manufacturers, tier one suppliers, non-automotive Fortune 500 corporations, government agencies and community-based organizations. MHCC enhances Hispanic-owned businesses and member companies by providing resources and service that aid in business development while contributing to the community. Under the agreement, MHCC will be making the company's CARExpress membership programs available to its member companies.
"We are very pleased to offer CARExpress' health discount programs to our member companies," stated Raymond Lozano, Executive Director of the Michigan Hispanic Chamber of Commerce. "One of the most significant concerns for the Hispanic community is healthcare coverage. Comprehensive health insurance is becoming far too expensive for most people to purchase, and employee contributions are increasing all the time. We believe that National Health Partners, through its innovative CARExpress membership programs, is filling a significant void in the healthcare industry. Its membership programs provide our member companies' employees with significant savings on their healthcare at very affordable prices. We are looking forward to making their membership programs available to our ever-growing list of member companies."
"We are very excited that the Michigan Hispanic Chamber of Commerce has chosen to make our CARExpress health membership programs available to its impressive list of member businesses," stated David M. Daniels, President and Chief Executive Officer of National Health Partners. "We believe strongly in MHCC's mission to assist the Hispanic community. We are proud to work with MHCC to help them address one of the Hispanic community's greatest concerns - the need for affordable healthcare. Working together, I believe that we can help many members of the Hispanic community to obtain the healthcare they need at affordable prices."
The Hispanic business community is the fastest growing business segment in the United States. There are currently over 10,000 small, medium and large Hispanic businesses located in Michigan alone. The U.S. Department of Commerce recently reported that it estimates that the number of Hispanics who are uninsured increased from 13.9 million people in 2005 to 15.3 million people in 2006 - an increase of over 10%. It also reported that approximately 34.1% of the U.S. Hispanic population was uninsured in 2006, compared to 15.8% of the total U.S. population.
Michigan Hispanic Chamber of Commerce
The Michigan Hispanic Chamber of Commerce (MHCC) is a non-profit business organization that was established in 1989 and consists of over 300 member companies. Representative member companies include Michigan's leading Hispanic-owned companies, original equipment manufacturers, tier one suppliers, non-automotive Fortune 500 corporations, government agencies and community-based organizations. MHCC's mission is to enhance Hispanic-owned businesses and member companies by providing resources and service that aid in business development while contributing to the community and adding to its voice. MHCC is headquartered in Southfield, Michigan. For more information on MHCC, please visit its website at www.mhcc.org.
National Health Partners, Inc.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the 61 million Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information on the company, please visit its website at www.nationalhealthpartners.com.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's most recently filed registration statement on Form SB-2 and its other filings and submissions with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.
Source: National Health Partners, Inc.
HORSHAM, Pa.--(BUSINESS WIRE)--
National Health Partners, Inc. (National Health) (OTCBB:NHPR), a leading provider of unique discount healthcare membership programs, announced today that it has entered into a membership agreement with the Michigan Hispanic Chamber of Commerce (MHCC), a leading not-for-profit membership association dedicated to promoting economic development in the Hispanic community through the growth of its member companies.
MHCC is comprised of over 300 member companies, including Michigan's leading Hispanic-owned companies, original equipment manufacturers, tier one suppliers, non-automotive Fortune 500 corporations, government agencies and community-based organizations. MHCC enhances Hispanic-owned businesses and member companies by providing resources and service that aid in business development while contributing to the community. Under the agreement, MHCC will be making the company's CARExpress membership programs available to its member companies.
"We are very pleased to offer CARExpress' health discount programs to our member companies," stated Raymond Lozano, Executive Director of the Michigan Hispanic Chamber of Commerce. "One of the most significant concerns for the Hispanic community is healthcare coverage. Comprehensive health insurance is becoming far too expensive for most people to purchase, and employee contributions are increasing all the time. We believe that National Health Partners, through its innovative CARExpress membership programs, is filling a significant void in the healthcare industry. Its membership programs provide our member companies' employees with significant savings on their healthcare at very affordable prices. We are looking forward to making their membership programs available to our ever-growing list of member companies."
"We are very excited that the Michigan Hispanic Chamber of Commerce has chosen to make our CARExpress health membership programs available to its impressive list of member businesses," stated David M. Daniels, President and Chief Executive Officer of National Health Partners. "We believe strongly in MHCC's mission to assist the Hispanic community. We are proud to work with MHCC to help them address one of the Hispanic community's greatest concerns - the need for affordable healthcare. Working together, I believe that we can help many members of the Hispanic community to obtain the healthcare they need at affordable prices."
The Hispanic business community is the fastest growing business segment in the United States. There are currently over 10,000 small, medium and large Hispanic businesses located in Michigan alone. The U.S. Department of Commerce recently reported that it estimates that the number of Hispanics who are uninsured increased from 13.9 million people in 2005 to 15.3 million people in 2006 - an increase of over 10%. It also reported that approximately 34.1% of the U.S. Hispanic population was uninsured in 2006, compared to 15.8% of the total U.S. population.
Michigan Hispanic Chamber of Commerce
The Michigan Hispanic Chamber of Commerce (MHCC) is a non-profit business organization that was established in 1989 and consists of over 300 member companies. Representative member companies include Michigan's leading Hispanic-owned companies, original equipment manufacturers, tier one suppliers, non-automotive Fortune 500 corporations, government agencies and community-based organizations. MHCC's mission is to enhance Hispanic-owned businesses and member companies by providing resources and service that aid in business development while contributing to the community and adding to its voice. MHCC is headquartered in Southfield, Michigan. For more information on MHCC, please visit its website at www.mhcc.org.
National Health Partners, Inc.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the 61 million Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information on the company, please visit its website at www.nationalhealthpartners.com.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's most recently filed registration statement on Form SB-2 and its other filings and submissions with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.
Source: National Health Partners, Inc.
EGIL Launches Ray Lewis Fantasy Football Edge at Super Bowl XLII PR Newswire "US Press Releases "
EGIL Launches Ray Lewis Fantasy Football Edge at Super Bowl XLIIPR Newswire "US Press Releases "
LAUDERDALE BY THE SEA, Fla., Feb. 6 /PRNewswire-FirstCall/ -- Edgetech International, Inc. (together with its wholly-owned subsidiary), ("Edgetech" or the "Company") (OTC: EGIL) is proud to announce the launch of The Ray Lewis Fantasy Football Edge. The launch activities kicked off with Ray Lewis's appearance on The Best Damn Sports Show Period on January 31, 2008. In the appearance, Ray Lewis presented The Hosts of The Best Damn Sports Show Period with the first custom branded version of The PC Edge. The launch activities continued at the 944 Magazine Super Village on February 1, 2008 with the sale of the first twenty five Ray Lewis units at The Edgetech Lounge. Additional launch activities took place at The Ray Lewis Kids Camp and concluded at The Ray Lewis MVP Main Event Party. The Ray Lewis Fantasy Football Edge provides users one click access to The Ray Lewis website, www.raylewis52.com as well as the ability to manage Fantasy Football Teams from anywhere at anytime. In addition, The Ray Lewis Fantasy Football Edge has all features and functionalities of The PC Edge. A portion of the proceeds from the sale of The Ray Lewis Fantasy Football Edge will benefit The Ray Lewis Foundation and The Edge Foundation. The Ray Lewis Fantasy Football Edge can be purchased at 1-866-439-EDGE (3343), www.thepcedge.com, www.raylewis52.com, and our Retail Partner locations.
"The PC Edge" is a unique, handheld, stand alone wireless unit with a built in modem and full-screen display providing High Speed Internet Access.
At the Ray Lewis MVP Main Event, Ray Lewis stated, "I would like to thank Edgetech International for continuing to support my charitable efforts. I am excited to launch this new hot product that gives us another opportunity to help children in need."
Edgetech CEO, Lev Parnas, stated, "Our relationship with Ray Lewis has given us the opportunity to launch the world's first mobile Fantasy Football device as well as the chance to help children through both of our charitable foundations. One of the goals of our mutual charitable relationship is to provide unlimited high speed Internet access to children who currently do not have access to the Internet."
About Edgetech International:
We are an authorized distributor of "The PC Edge". "The PC Edge" is a robust, handheld wireless internet access device which delivers High Speed Internet Access, displaying full content HTML, web pages, graphics and java script. "The PC Edge" offers a full desktop web experience, together with a larger functional keyboard than competitive products.
The Company's executive office facility is located at 218 E. Commercial Blvd., Suite 208 I, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.
Except for historical information, the matters discussed in this press release are "forward looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of continued severe ongoing working capital constraints; need for substantial additional capital to fully implement our plan of operations; no assurances of and uncertainty of profitability; no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain territorial markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.
SOURCE Edgetech International, Inc.
LAUDERDALE BY THE SEA, Fla., Feb. 6 /PRNewswire-FirstCall/ -- Edgetech International, Inc. (together with its wholly-owned subsidiary), ("Edgetech" or the "Company") (OTC: EGIL) is proud to announce the launch of The Ray Lewis Fantasy Football Edge. The launch activities kicked off with Ray Lewis's appearance on The Best Damn Sports Show Period on January 31, 2008. In the appearance, Ray Lewis presented The Hosts of The Best Damn Sports Show Period with the first custom branded version of The PC Edge. The launch activities continued at the 944 Magazine Super Village on February 1, 2008 with the sale of the first twenty five Ray Lewis units at The Edgetech Lounge. Additional launch activities took place at The Ray Lewis Kids Camp and concluded at The Ray Lewis MVP Main Event Party. The Ray Lewis Fantasy Football Edge provides users one click access to The Ray Lewis website, www.raylewis52.com as well as the ability to manage Fantasy Football Teams from anywhere at anytime. In addition, The Ray Lewis Fantasy Football Edge has all features and functionalities of The PC Edge. A portion of the proceeds from the sale of The Ray Lewis Fantasy Football Edge will benefit The Ray Lewis Foundation and The Edge Foundation. The Ray Lewis Fantasy Football Edge can be purchased at 1-866-439-EDGE (3343), www.thepcedge.com, www.raylewis52.com, and our Retail Partner locations.
"The PC Edge" is a unique, handheld, stand alone wireless unit with a built in modem and full-screen display providing High Speed Internet Access.
At the Ray Lewis MVP Main Event, Ray Lewis stated, "I would like to thank Edgetech International for continuing to support my charitable efforts. I am excited to launch this new hot product that gives us another opportunity to help children in need."
Edgetech CEO, Lev Parnas, stated, "Our relationship with Ray Lewis has given us the opportunity to launch the world's first mobile Fantasy Football device as well as the chance to help children through both of our charitable foundations. One of the goals of our mutual charitable relationship is to provide unlimited high speed Internet access to children who currently do not have access to the Internet."
About Edgetech International:
We are an authorized distributor of "The PC Edge". "The PC Edge" is a robust, handheld wireless internet access device which delivers High Speed Internet Access, displaying full content HTML, web pages, graphics and java script. "The PC Edge" offers a full desktop web experience, together with a larger functional keyboard than competitive products.
The Company's executive office facility is located at 218 E. Commercial Blvd., Suite 208 I, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.
Except for historical information, the matters discussed in this press release are "forward looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of continued severe ongoing working capital constraints; need for substantial additional capital to fully implement our plan of operations; no assurances of and uncertainty of profitability; no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain territorial markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.
SOURCE Edgetech International, Inc.
EGIL Launches Ray Lewis Fantasy Football Edge at Super Bowl XLII PR Newswire "US Press Releases "
EGIL Launches Ray Lewis Fantasy Football Edge at Super Bowl XLIIPR Newswire "US Press Releases "
LAUDERDALE BY THE SEA, Fla., Feb. 6 /PRNewswire-FirstCall/ -- Edgetech International, Inc. (together with its wholly-owned subsidiary), ("Edgetech" or the "Company") (OTC: EGIL) is proud to announce the launch of The Ray Lewis Fantasy Football Edge. The launch activities kicked off with Ray Lewis's appearance on The Best Damn Sports Show Period on January 31, 2008. In the appearance, Ray Lewis presented The Hosts of The Best Damn Sports Show Period with the first custom branded version of The PC Edge. The launch activities continued at the 944 Magazine Super Village on February 1, 2008 with the sale of the first twenty five Ray Lewis units at The Edgetech Lounge. Additional launch activities took place at The Ray Lewis Kids Camp and concluded at The Ray Lewis MVP Main Event Party. The Ray Lewis Fantasy Football Edge provides users one click access to The Ray Lewis website, www.raylewis52.com as well as the ability to manage Fantasy Football Teams from anywhere at anytime. In addition, The Ray Lewis Fantasy Football Edge has all features and functionalities of The PC Edge. A portion of the proceeds from the sale of The Ray Lewis Fantasy Football Edge will benefit The Ray Lewis Foundation and The Edge Foundation. The Ray Lewis Fantasy Football Edge can be purchased at 1-866-439-EDGE (3343), www.thepcedge.com, www.raylewis52.com, and our Retail Partner locations.
"The PC Edge" is a unique, handheld, stand alone wireless unit with a built in modem and full-screen display providing High Speed Internet Access.
At the Ray Lewis MVP Main Event, Ray Lewis stated, "I would like to thank Edgetech International for continuing to support my charitable efforts. I am excited to launch this new hot product that gives us another opportunity to help children in need."
Edgetech CEO, Lev Parnas, stated, "Our relationship with Ray Lewis has given us the opportunity to launch the world's first mobile Fantasy Football device as well as the chance to help children through both of our charitable foundations. One of the goals of our mutual charitable relationship is to provide unlimited high speed Internet access to children who currently do not have access to the Internet."
About Edgetech International:
We are an authorized distributor of "The PC Edge". "The PC Edge" is a robust, handheld wireless internet access device which delivers High Speed Internet Access, displaying full content HTML, web pages, graphics and java script. "The PC Edge" offers a full desktop web experience, together with a larger functional keyboard than competitive products.
The Company's executive office facility is located at 218 E. Commercial Blvd., Suite 208 I, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.
Except for historical information, the matters discussed in this press release are "forward looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of continued severe ongoing working capital constraints; need for substantial additional capital to fully implement our plan of operations; no assurances of and uncertainty of profitability; no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain territorial markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.
SOURCE Edgetech International, Inc.
LAUDERDALE BY THE SEA, Fla., Feb. 6 /PRNewswire-FirstCall/ -- Edgetech International, Inc. (together with its wholly-owned subsidiary), ("Edgetech" or the "Company") (OTC: EGIL) is proud to announce the launch of The Ray Lewis Fantasy Football Edge. The launch activities kicked off with Ray Lewis's appearance on The Best Damn Sports Show Period on January 31, 2008. In the appearance, Ray Lewis presented The Hosts of The Best Damn Sports Show Period with the first custom branded version of The PC Edge. The launch activities continued at the 944 Magazine Super Village on February 1, 2008 with the sale of the first twenty five Ray Lewis units at The Edgetech Lounge. Additional launch activities took place at The Ray Lewis Kids Camp and concluded at The Ray Lewis MVP Main Event Party. The Ray Lewis Fantasy Football Edge provides users one click access to The Ray Lewis website, www.raylewis52.com as well as the ability to manage Fantasy Football Teams from anywhere at anytime. In addition, The Ray Lewis Fantasy Football Edge has all features and functionalities of The PC Edge. A portion of the proceeds from the sale of The Ray Lewis Fantasy Football Edge will benefit The Ray Lewis Foundation and The Edge Foundation. The Ray Lewis Fantasy Football Edge can be purchased at 1-866-439-EDGE (3343), www.thepcedge.com, www.raylewis52.com, and our Retail Partner locations.
"The PC Edge" is a unique, handheld, stand alone wireless unit with a built in modem and full-screen display providing High Speed Internet Access.
At the Ray Lewis MVP Main Event, Ray Lewis stated, "I would like to thank Edgetech International for continuing to support my charitable efforts. I am excited to launch this new hot product that gives us another opportunity to help children in need."
Edgetech CEO, Lev Parnas, stated, "Our relationship with Ray Lewis has given us the opportunity to launch the world's first mobile Fantasy Football device as well as the chance to help children through both of our charitable foundations. One of the goals of our mutual charitable relationship is to provide unlimited high speed Internet access to children who currently do not have access to the Internet."
About Edgetech International:
We are an authorized distributor of "The PC Edge". "The PC Edge" is a robust, handheld wireless internet access device which delivers High Speed Internet Access, displaying full content HTML, web pages, graphics and java script. "The PC Edge" offers a full desktop web experience, together with a larger functional keyboard than competitive products.
The Company's executive office facility is located at 218 E. Commercial Blvd., Suite 208 I, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.
Except for historical information, the matters discussed in this press release are "forward looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of continued severe ongoing working capital constraints; need for substantial additional capital to fully implement our plan of operations; no assurances of and uncertainty of profitability; no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain territorial markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.
SOURCE Edgetech International, Inc.
Dan Clozza and Davis Strebinger of Forum National Investments Ltd., are the Featured Guests in an Audio Interview at SmallCapVoice.com Business Wire
Dan Clozza and Davis Strebinger of Forum National Investments Ltd., are the Featured Guests in an Audio Interview at SmallCapVoice.comBusiness Wire "US Press Releases "
AUSTIN, Texas--(BUSINESS WIRE)--
SmallCapVoice.com, Inc. today announced that a new audio interview featuring, Dan Clozza, Chief Executive Officer, and David Strebinger the Director of Business Development for Forum National Investments Ltd. (FNI) (OTCBB: FMNLF) is now available at SmallCapVoice.com. Mr. Clozza gives an update on the Company's recent events and accomplishments. While Mr. Strebinger provides his insights into the overall market that the company operates in. The interview can be heard here at http://www.smallcapvoice.com/fmnlf/fmnlf-2-1-08.php.
Established in 1995, Forum National Investments Ltd. (Forum Investments) is a publicly traded investment company with over 69 years of combined investment expertise and an exemplary track record in capital preservation, identification of emerging business opportunities, successful partnership structuring, strategic planning and operational execution, and maximizing shareholder value.
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about Smallcapvoice.com and their services, please visit http://www.smallcapvoice.com/services.html.
Safe Harbor Statement:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
Source: SmallCapVoice.com, Inc.
AUSTIN, Texas--(BUSINESS WIRE)--
SmallCapVoice.com, Inc. today announced that a new audio interview featuring, Dan Clozza, Chief Executive Officer, and David Strebinger the Director of Business Development for Forum National Investments Ltd. (FNI) (OTCBB: FMNLF) is now available at SmallCapVoice.com. Mr. Clozza gives an update on the Company's recent events and accomplishments. While Mr. Strebinger provides his insights into the overall market that the company operates in. The interview can be heard here at http://www.smallcapvoice.com/fmnlf/fmnlf-2-1-08.php.
Established in 1995, Forum National Investments Ltd. (Forum Investments) is a publicly traded investment company with over 69 years of combined investment expertise and an exemplary track record in capital preservation, identification of emerging business opportunities, successful partnership structuring, strategic planning and operational execution, and maximizing shareholder value.
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about Smallcapvoice.com and their services, please visit http://www.smallcapvoice.com/services.html.
Safe Harbor Statement:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
Source: SmallCapVoice.com, Inc.
PureDepth Completes Bridge Financing Round Business Wire "US Press Releases "
PureDepth Completes Bridge Financing RoundBusiness Wire "US Press Releases "
REDWOOD SHORES, Calif.--(BUSINESS WIRE)--
PureDepth(TM), Inc. (OTC: PDEP), a global leader in next-generation display technologies and the pioneer of Multi-Layer Display (MLD(TM)) technology, announced it has entered into a bridge financing arrangement with K One W One ("K1W1") to fund operations with up to $3,000,000. Under the agreement, at the closing on February 4, 2008, K1W1 purchased an initial promissory note of $1,000,000; upon achievement of certain milestones, K1W1 will be required to purchase an additional $2,000,000 note. If such milestones are not achieved, K1W1 may elect to purchase additional notes for up to $2,000,000. The notes are convertible into investment instruments in the event of a qualified financing, at a five percent (5%) discount, or if there is no qualified financing, K1W1 may convert the notes into common stock on the twelve month maturity date. Other terms include an eight percent (8%) interest rate, a security interest in the Company's assets, and the right to participate in qualified financing for a period of three years at a discount of five percent (5%). The terms are summarized in a Form 8-K filed by the Company and available on the SEC website.
The company also announced that it is implementing cost reduction plans aimed at reducing operating expenses. These plans will include a workforce reduction of employees in New Zealand and California as well as various other cost reduction actions. The Company's primary focus in the short-term will be the rollout of MLD products to the market with its existing licensing partners, and thereby validating the commercial viability of the MLD technology and generating revenues for the Company's future growth.
In addition, last week, in combination with such actions, the Company announced that the Board and Thomas L. Marcus mutually agreed that Mr. Marcus would step down as Chief Executive Officer, effective January 24, 2008, but will continue to serve as Chairman of the Board.
The Board expanded the role of Jonathan J. McCaman to President of the Company. Mr. McCaman has served as Chief Financial Officer since January 2007. Prior to joining PureDepth, he served as vice president of finance, Americas for four years at Exel, a leader in supply chain management with $10 billion in annual revenues. Prior to Exel, he held senior executive positions in finance and planning at DHL Worldwide Express and was CFO of its telecommunications subsidiary.
"I am looking forward to leading our talented organization, and excited to pursue the many opportunities before us. We thank Tom for his contribution to PureDepth in 2007 and look forward to his continued involvement in our Board of Directors," said Mr. McCaman. "In 2008, we remain focused on leveraging existing licensing partnerships with Samsung, Sanyo and IGT, and supporting their development of products using MLD technology. These partnerships are managed by dedicated sales, marketing and engineering executives at PureDepth. Their commitment and this financing put us in a stronger position to work with our partners to accelerate the commercialization of MLD technology while continuing to aggressively protect our technology and intellectual capital." Mr. Marcus added, "I'm pleased that Jon will expand his leadership role within the Company and will continue the progress that was made during the last six months of 2007."
About PureDepth
PureDepth (www.puredepth.com) is an innovative technology company transforming the visual display experience by delivering award-winning MLD technology. Backed by 50 approved patents and over 80 pending patents, this breakthrough in visualization is the first display technology that provides Actual Depth(TM). The Company has a worldwide licensing agreement with Samsung Electronics Corporation (KSE:005930) (LSE: SMSN), a sales, marketing and distribution license agreement with Sanyo Corporation (NASDAQ: SANYY) in Japan, a worldwide licensing agreement with International Game Technology (NYSE: IGT) and business opportunities in broad consumer markets. Founded in 1999, the Company is headquartered in Redwood Shores, California, with a research and development center located in New Zealand and offices in Japan.
Forward-Looking Statements
This press release contains certain statements that are "forward-looking statements" and includes, among other things, discussions and disclosures of the Company's expectations for the use of its technology and market for its products, and the likelihood of any resulting products to become widely accepted by the marketplace. Words such as, but not limited to, "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements. Although PureDepth believes that the expectations reflected in these forward-looking statements are generally reasonable, it can give no assurance that such expectations will ultimately prove to be correct or materialize. All phases of PureDepth's business and operations are subject to a number of uncertainties, risks and other influences, most of which are outside its control, and any one or combination of which could materially and adversely affect the results of the Company's operations, and whether any forward-looking statements contained herein ultimately prove to be accurate. Information regarding such risks and uncertainties can be found in the Company's most recently filed annual report on form 10-KSB, interim report on form 10-QSB and other filings that have been made with the SEC.
PureDepth(TM), MLD(TM) and Actual Depth(TM) are trademarks of PureDepth, Inc. All other trademarks and registered trademarks are the property of their respective owners, without intent to infringe.
Source: PureDepth, Inc.
REDWOOD SHORES, Calif.--(BUSINESS WIRE)--
PureDepth(TM), Inc. (OTC: PDEP), a global leader in next-generation display technologies and the pioneer of Multi-Layer Display (MLD(TM)) technology, announced it has entered into a bridge financing arrangement with K One W One ("K1W1") to fund operations with up to $3,000,000. Under the agreement, at the closing on February 4, 2008, K1W1 purchased an initial promissory note of $1,000,000; upon achievement of certain milestones, K1W1 will be required to purchase an additional $2,000,000 note. If such milestones are not achieved, K1W1 may elect to purchase additional notes for up to $2,000,000. The notes are convertible into investment instruments in the event of a qualified financing, at a five percent (5%) discount, or if there is no qualified financing, K1W1 may convert the notes into common stock on the twelve month maturity date. Other terms include an eight percent (8%) interest rate, a security interest in the Company's assets, and the right to participate in qualified financing for a period of three years at a discount of five percent (5%). The terms are summarized in a Form 8-K filed by the Company and available on the SEC website.
The company also announced that it is implementing cost reduction plans aimed at reducing operating expenses. These plans will include a workforce reduction of employees in New Zealand and California as well as various other cost reduction actions. The Company's primary focus in the short-term will be the rollout of MLD products to the market with its existing licensing partners, and thereby validating the commercial viability of the MLD technology and generating revenues for the Company's future growth.
In addition, last week, in combination with such actions, the Company announced that the Board and Thomas L. Marcus mutually agreed that Mr. Marcus would step down as Chief Executive Officer, effective January 24, 2008, but will continue to serve as Chairman of the Board.
The Board expanded the role of Jonathan J. McCaman to President of the Company. Mr. McCaman has served as Chief Financial Officer since January 2007. Prior to joining PureDepth, he served as vice president of finance, Americas for four years at Exel, a leader in supply chain management with $10 billion in annual revenues. Prior to Exel, he held senior executive positions in finance and planning at DHL Worldwide Express and was CFO of its telecommunications subsidiary.
"I am looking forward to leading our talented organization, and excited to pursue the many opportunities before us. We thank Tom for his contribution to PureDepth in 2007 and look forward to his continued involvement in our Board of Directors," said Mr. McCaman. "In 2008, we remain focused on leveraging existing licensing partnerships with Samsung, Sanyo and IGT, and supporting their development of products using MLD technology. These partnerships are managed by dedicated sales, marketing and engineering executives at PureDepth. Their commitment and this financing put us in a stronger position to work with our partners to accelerate the commercialization of MLD technology while continuing to aggressively protect our technology and intellectual capital." Mr. Marcus added, "I'm pleased that Jon will expand his leadership role within the Company and will continue the progress that was made during the last six months of 2007."
About PureDepth
PureDepth (www.puredepth.com) is an innovative technology company transforming the visual display experience by delivering award-winning MLD technology. Backed by 50 approved patents and over 80 pending patents, this breakthrough in visualization is the first display technology that provides Actual Depth(TM). The Company has a worldwide licensing agreement with Samsung Electronics Corporation (KSE:005930) (LSE: SMSN), a sales, marketing and distribution license agreement with Sanyo Corporation (NASDAQ: SANYY) in Japan, a worldwide licensing agreement with International Game Technology (NYSE: IGT) and business opportunities in broad consumer markets. Founded in 1999, the Company is headquartered in Redwood Shores, California, with a research and development center located in New Zealand and offices in Japan.
Forward-Looking Statements
This press release contains certain statements that are "forward-looking statements" and includes, among other things, discussions and disclosures of the Company's expectations for the use of its technology and market for its products, and the likelihood of any resulting products to become widely accepted by the marketplace. Words such as, but not limited to, "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements. Although PureDepth believes that the expectations reflected in these forward-looking statements are generally reasonable, it can give no assurance that such expectations will ultimately prove to be correct or materialize. All phases of PureDepth's business and operations are subject to a number of uncertainties, risks and other influences, most of which are outside its control, and any one or combination of which could materially and adversely affect the results of the Company's operations, and whether any forward-looking statements contained herein ultimately prove to be accurate. Information regarding such risks and uncertainties can be found in the Company's most recently filed annual report on form 10-KSB, interim report on form 10-QSB and other filings that have been made with the SEC.
PureDepth(TM), MLD(TM) and Actual Depth(TM) are trademarks of PureDepth, Inc. All other trademarks and registered trademarks are the property of their respective owners, without intent to infringe.
Source: PureDepth, Inc.
Solucorp's IFS-2C Mercury Emission Control Technology Continues to Draw National Interest With New Demonstration at Mega Coal Fired Energy Plant Busi
Solucorp's IFS-2C Mercury Emission Control Technology Continues to Draw National Interest With New Demonstration at Mega Coal Fired Energy PlantBusiness Wire "US Press Releases "
WEST NYACK, N.Y.--(BUSINESS WIRE)--
Solucorp Industries (OTC: SLUP) announced that its IFS-2C mercury emission control technology is scheduled to be demonstrated in March at a mega coal fired energy plant on a large coal fired boiler burning bituminous coal. The energy company has accepted a proposal from Environmental Energy Services, Inc. (EES(R)), a licensee of Solucorp, to demonstrate the technology in a wet FGD system and issued a purchase order on January 11, 2008 for the IFS-2C process. The scope of work will be completed over several phases in harmony with plant operations with the demonstration expected to be completed in April 2008. The initial site walkthrough was completed by Solucorp on January 21, 2008.
Solucorp's patent pending IFS-2C mercury emission control technology has already been successfully demonstrated in a live coal fired furnace facility in Litchfield, Michigan, as announced on January 23, 2008 The technology is unique in its' ability to remediate mixed heavy metal contaminants, including elemental mercury, contained within the wastewater and fly ash residue.
Solucorp's IFS-2C technology reduces inlet vapor-phase Hg(0) (elemental mercury) while preventing mercury re-emissions and preserving gypsum purity. "We believe that more coal fired energy companies are taking a proactive approach toward correcting the mercury emission control problem facing coal-energy providers today as they begin to deal with new stringent clean air requirements," noted Noel E. Spindler, President of Solucorp's IFS subsidiary. "This demonstration sets the stage for commercialization of the IFS-2C technology for use in coal burning power plants."
Headquartered in Sandy Hook, Connecticut, Environmental Energy Services, Inc. (EES) is Solucorp's North American marketing arm for its IFS-2C mercury remediation technology in the expansive U.S. coal-burning utility market. EES is deploying its national sales network to actively promote IFS-2C to regions requiring efficient solutions to mercury emissions concerns. Given the market dynamics around the IFS-2C technology, EES anticipates securing several more purchase orders for full-scale demonstrations, with the primary goal of generating revenues from sale of the IFS-2C chemical reagent in 2008.
Mark Pastore, VP Technical Development for EES, commented, "EES is very excited about working closely with Solucorp on this upcoming project to meet or exceed the facility's objectives. A successful demonstration will not only elevate the Solucorp IFS-2C platform, but will enable EES to provide our coal customers with a successfully proven innovative mercury control technology."
Solucorp has recently added two consultants to its' staff in anticipation of the transition from research and development to commercialization of its IFS-2C technology. John F. Oakley, chemical engineer, is a profit and action oriented General Manager with 30 years of accomplishments in the chemical and related industries with a diverse functional background in sales, marketing, operations and R&D. Oakley's strength is in planning and business development and his focus will be on the continued introduction and development of the IFS-2C technology to the energy industry.
Jeff Cohen, Ph.D chemical engineer, performs consulting services in business development, commercialization of new products / technology and process development. Cohen is the holder of numerous patents and also has hands on experience in business development, process engineering, and chemistry.
About Environmental Energy Services, Inc.
EES www.eescorp.com is a leading provider of fuel treatment programs for utility companies in the United States, Mexico, and several other countries. EES is committed to defining and advancing fuel treatment technologies, and to the introduction of new products and systems which are increasingly more efficient, cost effective, and responsive to utility and industry needs.
About Solucorp Industries Ltd.
Solucorp Industries Ltd., www.solucorpltd.com is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc.
The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult licensed professionals prior to making an investment decision.
Source: Solucorp Industries
WEST NYACK, N.Y.--(BUSINESS WIRE)--
Solucorp Industries (OTC: SLUP) announced that its IFS-2C mercury emission control technology is scheduled to be demonstrated in March at a mega coal fired energy plant on a large coal fired boiler burning bituminous coal. The energy company has accepted a proposal from Environmental Energy Services, Inc. (EES(R)), a licensee of Solucorp, to demonstrate the technology in a wet FGD system and issued a purchase order on January 11, 2008 for the IFS-2C process. The scope of work will be completed over several phases in harmony with plant operations with the demonstration expected to be completed in April 2008. The initial site walkthrough was completed by Solucorp on January 21, 2008.
Solucorp's patent pending IFS-2C mercury emission control technology has already been successfully demonstrated in a live coal fired furnace facility in Litchfield, Michigan, as announced on January 23, 2008 The technology is unique in its' ability to remediate mixed heavy metal contaminants, including elemental mercury, contained within the wastewater and fly ash residue.
Solucorp's IFS-2C technology reduces inlet vapor-phase Hg(0) (elemental mercury) while preventing mercury re-emissions and preserving gypsum purity. "We believe that more coal fired energy companies are taking a proactive approach toward correcting the mercury emission control problem facing coal-energy providers today as they begin to deal with new stringent clean air requirements," noted Noel E. Spindler, President of Solucorp's IFS subsidiary. "This demonstration sets the stage for commercialization of the IFS-2C technology for use in coal burning power plants."
Headquartered in Sandy Hook, Connecticut, Environmental Energy Services, Inc. (EES) is Solucorp's North American marketing arm for its IFS-2C mercury remediation technology in the expansive U.S. coal-burning utility market. EES is deploying its national sales network to actively promote IFS-2C to regions requiring efficient solutions to mercury emissions concerns. Given the market dynamics around the IFS-2C technology, EES anticipates securing several more purchase orders for full-scale demonstrations, with the primary goal of generating revenues from sale of the IFS-2C chemical reagent in 2008.
Mark Pastore, VP Technical Development for EES, commented, "EES is very excited about working closely with Solucorp on this upcoming project to meet or exceed the facility's objectives. A successful demonstration will not only elevate the Solucorp IFS-2C platform, but will enable EES to provide our coal customers with a successfully proven innovative mercury control technology."
Solucorp has recently added two consultants to its' staff in anticipation of the transition from research and development to commercialization of its IFS-2C technology. John F. Oakley, chemical engineer, is a profit and action oriented General Manager with 30 years of accomplishments in the chemical and related industries with a diverse functional background in sales, marketing, operations and R&D. Oakley's strength is in planning and business development and his focus will be on the continued introduction and development of the IFS-2C technology to the energy industry.
Jeff Cohen, Ph.D chemical engineer, performs consulting services in business development, commercialization of new products / technology and process development. Cohen is the holder of numerous patents and also has hands on experience in business development, process engineering, and chemistry.
About Environmental Energy Services, Inc.
EES www.eescorp.com is a leading provider of fuel treatment programs for utility companies in the United States, Mexico, and several other countries. EES is committed to defining and advancing fuel treatment technologies, and to the introduction of new products and systems which are increasingly more efficient, cost effective, and responsive to utility and industry needs.
About Solucorp Industries Ltd.
Solucorp Industries Ltd., www.solucorpltd.com is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc.
The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult licensed professionals prior to making an investment decision.
Source: Solucorp Industries
Update: Sector 10 Selects Capital Group Communications as Investor Relations Agency of Record PR Newswire "US Press Releases "
Update: Sector 10 Selects Capital Group Communications as Investor Relations Agency of RecordPR Newswire "US Press Releases "
SALT LAKE CITY, Feb. 6 /PRNewswire-FirstCall/ -- SKMI/Sector 10 (SKRM/Sector 10) (OTC Bulletin Board: SKMI) today announced it has selected Capital Group Communications as its investor relations agency of record.
Sector 10 designs and builds public emergency response systems that provide immediate access to life-saving resources in the crucial hours immediately following an emergency event. Sector 10 is working to redefine the emergency response paradigm from centralized equipment staging to onsite predeployment, and is the only emergency response systems company so strongly emphasizing predeployed resources as the way to save lives and reduce liability.
Capital Group Communications (CGC), headquartered in the San Francisco Bay area, specializes in strategic, streamlined communications services aimed at increasing awareness directed at Brokers, Analysts, Institutions and Fund Managers. CGC utilizes a long-term, collaborative business model and accepts only restricted stock, in lieu of cash fees, for its services.
"CGC is delighted to represent Sector 10 as the company forges into the public market," said Devin J. Bosch, CEO of Capital Group Communications, Inc. "Based on their compelling business model and technology, we believe the company has an excellent opportunity in an ever expanding security sector. Our CGC goal is to introduce and communicate the Sector 10 story and underlying fundamentals in a manner that is honest, timely, reliable, and most importantly, 'effective.' By working closely with a broad spectrum of financial professionals, we provide a reliable, realistic and consistent strategic communications program. This inevitably leads to a synergistic marriage between our client's successes and the achievement of our company milestones. Together we look forward to gaining a strong footing in the Financial markets. We look forward to a long relationship communicating Sector 10's value-proposition to the investment community."
"We are pleased to be associated with a firm of the quality of Capital Group Communications," said Pericles DeAvila, Sector 10 Founder and CEO. "We look forward to working closely with CGC to tell our story to the investor community and we are confident of great things to come."
Sector 10's focus is on predeployed emergency response systems. Predeployment is the advance placement of resources needed in an emergency event. These unique products represent a new product category for brand development and promise to fundamentally change the way emergency response is approached. As support services to its core product line, Sector 10 is providing advertising and messaging services and leasing options to its customers, which can off-set or entirely remove the cost of installing a system.
The contents of this Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as Sector 10 "expects," "should," "believes," "anticipates" or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties including the financial performance of Sector 10 which could cause actual results, performance or achievements of Sector 10 to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.
"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. Sector 10 disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by Sector 10. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, (iii) obtain additional financing, (iv) manage changes in general economic and business conditions (including in the asset management and asset tracking industries), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) properly quantify the time and expense involved in such development activities, (viii) identify and manage risks in connection with acquisitions (ix) evaluate the level of demand and market acceptance of our services and (x) make necessary changes to our business strategies. Sector 10 Contact: Pericles DeAvila
Paul Pugmire
801.478.2475
ppugmire@sector10.com
Capitol GC Contact: Richard Carpenter, Sr. Investor Relations
George Carpenter, Corporate Communications
(415) 332-7200
sector10@capitalgc.com
SOURCE Sector 10
SALT LAKE CITY, Feb. 6 /PRNewswire-FirstCall/ -- SKMI/Sector 10 (SKRM/Sector 10) (OTC Bulletin Board: SKMI) today announced it has selected Capital Group Communications as its investor relations agency of record.
Sector 10 designs and builds public emergency response systems that provide immediate access to life-saving resources in the crucial hours immediately following an emergency event. Sector 10 is working to redefine the emergency response paradigm from centralized equipment staging to onsite predeployment, and is the only emergency response systems company so strongly emphasizing predeployed resources as the way to save lives and reduce liability.
Capital Group Communications (CGC), headquartered in the San Francisco Bay area, specializes in strategic, streamlined communications services aimed at increasing awareness directed at Brokers, Analysts, Institutions and Fund Managers. CGC utilizes a long-term, collaborative business model and accepts only restricted stock, in lieu of cash fees, for its services.
"CGC is delighted to represent Sector 10 as the company forges into the public market," said Devin J. Bosch, CEO of Capital Group Communications, Inc. "Based on their compelling business model and technology, we believe the company has an excellent opportunity in an ever expanding security sector. Our CGC goal is to introduce and communicate the Sector 10 story and underlying fundamentals in a manner that is honest, timely, reliable, and most importantly, 'effective.' By working closely with a broad spectrum of financial professionals, we provide a reliable, realistic and consistent strategic communications program. This inevitably leads to a synergistic marriage between our client's successes and the achievement of our company milestones. Together we look forward to gaining a strong footing in the Financial markets. We look forward to a long relationship communicating Sector 10's value-proposition to the investment community."
"We are pleased to be associated with a firm of the quality of Capital Group Communications," said Pericles DeAvila, Sector 10 Founder and CEO. "We look forward to working closely with CGC to tell our story to the investor community and we are confident of great things to come."
Sector 10's focus is on predeployed emergency response systems. Predeployment is the advance placement of resources needed in an emergency event. These unique products represent a new product category for brand development and promise to fundamentally change the way emergency response is approached. As support services to its core product line, Sector 10 is providing advertising and messaging services and leasing options to its customers, which can off-set or entirely remove the cost of installing a system.
The contents of this Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as Sector 10 "expects," "should," "believes," "anticipates" or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties including the financial performance of Sector 10 which could cause actual results, performance or achievements of Sector 10 to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.
"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. Sector 10 disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by Sector 10. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, (iii) obtain additional financing, (iv) manage changes in general economic and business conditions (including in the asset management and asset tracking industries), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) properly quantify the time and expense involved in such development activities, (viii) identify and manage risks in connection with acquisitions (ix) evaluate the level of demand and market acceptance of our services and (x) make necessary changes to our business strategies. Sector 10 Contact: Pericles DeAvila
Paul Pugmire
801.478.2475
ppugmire@sector10.com
Capitol GC Contact: Richard Carpenter, Sr. Investor Relations
George Carpenter, Corporate Communications
(415) 332-7200
sector10@capitalgc.com
SOURCE Sector 10
Gener8Xion Signs Three Picture International Deal With Media 8 PR Newswire "US Press Releases "
Gener8Xion Signs Three Picture International Deal With Media 8PR Newswire "US Press Releases "
LOS ANGELES, Feb. 6 /PRNewswire-FirstCall/ -- Gener8Xion Entertainment, Inc. (OTC Bulletin Board: GNXE), announced today it has entered into a three picture deal with Media 8 Entertainment regarding the exclusive international sales of theatrically released "Noelle" and two other soon to be identified projects.
Under the terms of the agreement, Media 8 Entertainment will handle international distribution and licensing for Gener8Xion's enchanting family drama, "Noelle", which features David Wall as writer, director and producer as well as the star lead. Wall plays Father Jonathan Keene -- a cold, impatient Catholic priest who arrives in a tiny fishing village the week before Christmas to do what he does best: shut down a dying parish. But things take an unexpected turn when he becomes entangled in the lives of the village's eccentric characters, including their beautiful librarian, the childlike priest he is displacing, and the magical experience of Mrs. Worthington's legendary Christmas Party, where everyone is welcome and anything is possible.
"Noelle," which was released in theaters nationwide in 4th quarter of 2007, was a hit among movie-goers and critics nationwide. The two other Films in the deal are scheduled to be announced later this year.
Commenting on the announcement, Matthew Crouch, Chairman and CEO of Gener8Xion Entertainment, Inc. said, "Media 8 is an aggressive international distributor and strong partner. They have a proven track record on both sides of the Entertainment business. Their ability to sell effectively into foreign markets made them a perfect fit for Gener8Xion."
Carlos D. De Mattos, President and Member of the Board of Gener8Xion added, "As the appetite for quality Family/Faith based motion pictures, documentaries and television programming grows here in the United States, other countries throughout the international community are following suit. We are beginning to see stronger demands from countries in Europe and Asia, especially countries who have much stricter protocol as it relates to censorship issues."
"Gener8Xion continues to proactively acquire more and more quality films, and is being recognized as the depot for all things family and faith driven. Gener8Xion has a close relationship with their audience and market demographic, and Media 8 is very pleased with our ongoing relationship with the Company," said Stewart Hall, President of Media 8 Entertainment.
About Gener8Xion
Gener8Xion Entertainment, Inc. (http://www.8X.com) is engaged in the development, acquisition, financing, production, and worldwide licensing of feature films and television projects in the family/faith-based genre. In addition the Company manufactures and sells high quality production lighting equipment through its Cinemills (http://www.cinemills.com) division which has exclusive US distribution rights to some new innovative products.
Interested investors can now visit the Company's homepage at http://www.8X.com and click the "Investor Relations" icon to be directed to new pages that include dynamic historical quote data, answers to frequently asked questions, and financial information. Most importantly, investors can click on "Request Info" and securely request that an investor relations kit be sent to them, receive a phone call from the Company's Investor Relations personnel, and/or receive press releases delivered immediately after release to a designated e-mail address.
About Media 8
Media 8 Entertainment is a leading film entertainment company engaged in the production, financing, acquisition, and worldwide licensing of theatrical feature films in a variety of genres. Media 8 Entertainment's current slate of films includes THE RAMEN GIRL, starring Brittany Murphy and Toshiyuki Nishida; the historical drama EICHMANN starring Thomas Kretschmann, Troy Garity, and Franka Potente; the festival hit horror film MULBERRY STREET; the stylized horror film WIZARD OF GORE starring Crispin Glover, Bijou Philips, and Kip Pardue; the emotional drama LOCAL COLOR starring Armin Mueller-Stahl, Ray Liotta and Trevor Morgan; ONE NIGHT WITH THE KING starring Peter O'Toole, Luke Goss and Tiffany Dupont; and the comedy documentary AIR GUITAR NATION which debuted at AFI FEST 2006.
Media 8 Entertainment's previous slate includes: the Academy Award-winning MONSTER; the critically acclaimed THE UPSIDE OF ANGER starring Joan Allen and Kevin Costner; the action-drama RUNNING SCARED written and directed by Wayne Kramer and starring Paul Walker; teen comedy LOVEWRECKED starring Amanda Bynes, Chris Carmack, Jamie-Lynn Sigler, and Jonathan Bennett; and MAN ABOUT TOWN written and directed by Mike Binder, and starring Ben Affleck, Rebecca Romijn and John Cleese.
This press release contains or may contain forward-looking statements such as statements regarding the growth of Gener8Xion Entertainment, Inc. (the "Company") (http://www.8x.com) and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. Gener8Xion Entertainment, Inc. disclaims any obligation to update forward- looking statements. Gener8Xion Entertainment, Inc. is located at 3400 Cahuenga Boulevard, Hollywood, CA 90068. Corporate Contact:
Marcos M. De Mattos
Corporate Vice President
Gener8Xion Entertainment, Inc.
+1-323-874-9888
marcos@8X.com
SOURCE Gener8Xion Entertainment, Inc.
LOS ANGELES, Feb. 6 /PRNewswire-FirstCall/ -- Gener8Xion Entertainment, Inc. (OTC Bulletin Board: GNXE), announced today it has entered into a three picture deal with Media 8 Entertainment regarding the exclusive international sales of theatrically released "Noelle" and two other soon to be identified projects.
Under the terms of the agreement, Media 8 Entertainment will handle international distribution and licensing for Gener8Xion's enchanting family drama, "Noelle", which features David Wall as writer, director and producer as well as the star lead. Wall plays Father Jonathan Keene -- a cold, impatient Catholic priest who arrives in a tiny fishing village the week before Christmas to do what he does best: shut down a dying parish. But things take an unexpected turn when he becomes entangled in the lives of the village's eccentric characters, including their beautiful librarian, the childlike priest he is displacing, and the magical experience of Mrs. Worthington's legendary Christmas Party, where everyone is welcome and anything is possible.
"Noelle," which was released in theaters nationwide in 4th quarter of 2007, was a hit among movie-goers and critics nationwide. The two other Films in the deal are scheduled to be announced later this year.
Commenting on the announcement, Matthew Crouch, Chairman and CEO of Gener8Xion Entertainment, Inc. said, "Media 8 is an aggressive international distributor and strong partner. They have a proven track record on both sides of the Entertainment business. Their ability to sell effectively into foreign markets made them a perfect fit for Gener8Xion."
Carlos D. De Mattos, President and Member of the Board of Gener8Xion added, "As the appetite for quality Family/Faith based motion pictures, documentaries and television programming grows here in the United States, other countries throughout the international community are following suit. We are beginning to see stronger demands from countries in Europe and Asia, especially countries who have much stricter protocol as it relates to censorship issues."
"Gener8Xion continues to proactively acquire more and more quality films, and is being recognized as the depot for all things family and faith driven. Gener8Xion has a close relationship with their audience and market demographic, and Media 8 is very pleased with our ongoing relationship with the Company," said Stewart Hall, President of Media 8 Entertainment.
About Gener8Xion
Gener8Xion Entertainment, Inc. (http://www.8X.com) is engaged in the development, acquisition, financing, production, and worldwide licensing of feature films and television projects in the family/faith-based genre. In addition the Company manufactures and sells high quality production lighting equipment through its Cinemills (http://www.cinemills.com) division which has exclusive US distribution rights to some new innovative products.
Interested investors can now visit the Company's homepage at http://www.8X.com and click the "Investor Relations" icon to be directed to new pages that include dynamic historical quote data, answers to frequently asked questions, and financial information. Most importantly, investors can click on "Request Info" and securely request that an investor relations kit be sent to them, receive a phone call from the Company's Investor Relations personnel, and/or receive press releases delivered immediately after release to a designated e-mail address.
About Media 8
Media 8 Entertainment is a leading film entertainment company engaged in the production, financing, acquisition, and worldwide licensing of theatrical feature films in a variety of genres. Media 8 Entertainment's current slate of films includes THE RAMEN GIRL, starring Brittany Murphy and Toshiyuki Nishida; the historical drama EICHMANN starring Thomas Kretschmann, Troy Garity, and Franka Potente; the festival hit horror film MULBERRY STREET; the stylized horror film WIZARD OF GORE starring Crispin Glover, Bijou Philips, and Kip Pardue; the emotional drama LOCAL COLOR starring Armin Mueller-Stahl, Ray Liotta and Trevor Morgan; ONE NIGHT WITH THE KING starring Peter O'Toole, Luke Goss and Tiffany Dupont; and the comedy documentary AIR GUITAR NATION which debuted at AFI FEST 2006.
Media 8 Entertainment's previous slate includes: the Academy Award-winning MONSTER; the critically acclaimed THE UPSIDE OF ANGER starring Joan Allen and Kevin Costner; the action-drama RUNNING SCARED written and directed by Wayne Kramer and starring Paul Walker; teen comedy LOVEWRECKED starring Amanda Bynes, Chris Carmack, Jamie-Lynn Sigler, and Jonathan Bennett; and MAN ABOUT TOWN written and directed by Mike Binder, and starring Ben Affleck, Rebecca Romijn and John Cleese.
This press release contains or may contain forward-looking statements such as statements regarding the growth of Gener8Xion Entertainment, Inc. (the "Company") (http://www.8x.com) and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. Gener8Xion Entertainment, Inc. disclaims any obligation to update forward- looking statements. Gener8Xion Entertainment, Inc. is located at 3400 Cahuenga Boulevard, Hollywood, CA 90068. Corporate Contact:
Marcos M. De Mattos
Corporate Vice President
Gener8Xion Entertainment, Inc.
+1-323-874-9888
marcos@8X.com
SOURCE Gener8Xion Entertainment, Inc.
Wyn Developments increases ownership in core asset Canada NewsWire "All News "
Wyn Developments increases ownership in core assetCanada NewsWire "All News "
(TSX-V: WL) (OTC-BB: WYDPF) (FRANKFURT: YXE)
VANCOUVER, Feb. 6 /CNW/ - Wyn Developments Inc ("Wyn" or the "Company") announces that Wyn Developments Inc., Flying A Petroleum Ltd. and Bighorn Petroleum Ltd. have funded their respective shares of the balance of the purchase price for a 12.5% non convertible gross overriding royalty on the Prophet River "A" lands and remaining 35% gross working interest in the Prophet River "B" lands. On January 24, 2008 the Company announced its intention to proceed with this purchase and the transaction has closed. As a result the Company now owns a 33 1/3% gross working interest in the Prophet River "A" and Prophet River "B" lands subject to a 2.5% overriding and government royalties. This purchase has also eliminated an original farm-in requirement to spud a Prophet River B lands well by March 31st, 2008.
Also in the Prophet River area, Petro Canada has exercised a right of first refusal on two sections adjoining the Company's lands to the southeast of the Company's d-60-E Mississippian discovery well. Accordingly the Prophet River land holding interests have been reduced to approximately nineteen square miles from twenty-one. Petro Canada Ltd. has increased their activity in the region in the past year, in, around, and between the Prophet River and Trutch properties.
THE a-38-A/94-G-15 TRIASSIC HALFWAY DEVELOPMENT WELL
The Company has contributed its share of the costs to complete the production tie-in of the recently drilled a-38-A Triassic Halfway development well. The well will be tied in to the Trutch jointly owned production infrastructure and is expected to commence production in mid to late February 2008. The Company has a 9% gross working interest in this well and a 15% interest in the project's pipeline infrastructure.
CANADA GAS CORP.
----------------
Further to the Company's release dated September 18, 2007, Wyn, Flying A Petroleum Ltd., Bighorn Petroleum Ltd., and Tenaka Drilling Consortium Ltd. affirm their continuing commitment to their aforementioned amalgamation, where the respective shareholders meetings to approve the transaction and other matters are anticipated to be called in the near term.
PRIVATE PLACEMENT
The Company is re-pricing the private placement offering announced January 24, 2008. The Company will now issue up to 22 million units at the price of $.05 per unit for gross proceeds of up to CAD $1.1 million. Each unit will consist of one share and one share purchase warrant exercisable at $0.10 for a period of two years from the closing date. A member of company management and a significant shareholder have agreed to increase their participation in this private placement. Finders fees may be payable on this financing.
Thom Bainbridge, P.Geol is the company's qualified person in accordance with regulatory standards. He has reviewed and verified the technical contents of this release.
The financing and amalgamation are subject to TSX Venture Exchange approval.
For more information on Wyn Developments please visit www.wyndevelopments.ca.
On Behalf of the Board,
WYN DEVELOPMENTS INC.
"David McMillan"
----------------
David McMillan
President & CEO
FORWARD LOOKING STATEMENTS
This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
(TSX-V: WL) (OTC-BB: WYDPF) (FRANKFURT: YXE)
VANCOUVER, Feb. 6 /CNW/ - Wyn Developments Inc ("Wyn" or the "Company") announces that Wyn Developments Inc., Flying A Petroleum Ltd. and Bighorn Petroleum Ltd. have funded their respective shares of the balance of the purchase price for a 12.5% non convertible gross overriding royalty on the Prophet River "A" lands and remaining 35% gross working interest in the Prophet River "B" lands. On January 24, 2008 the Company announced its intention to proceed with this purchase and the transaction has closed. As a result the Company now owns a 33 1/3% gross working interest in the Prophet River "A" and Prophet River "B" lands subject to a 2.5% overriding and government royalties. This purchase has also eliminated an original farm-in requirement to spud a Prophet River B lands well by March 31st, 2008.
Also in the Prophet River area, Petro Canada has exercised a right of first refusal on two sections adjoining the Company's lands to the southeast of the Company's d-60-E Mississippian discovery well. Accordingly the Prophet River land holding interests have been reduced to approximately nineteen square miles from twenty-one. Petro Canada Ltd. has increased their activity in the region in the past year, in, around, and between the Prophet River and Trutch properties.
THE a-38-A/94-G-15 TRIASSIC HALFWAY DEVELOPMENT WELL
The Company has contributed its share of the costs to complete the production tie-in of the recently drilled a-38-A Triassic Halfway development well. The well will be tied in to the Trutch jointly owned production infrastructure and is expected to commence production in mid to late February 2008. The Company has a 9% gross working interest in this well and a 15% interest in the project's pipeline infrastructure.
CANADA GAS CORP.
----------------
Further to the Company's release dated September 18, 2007, Wyn, Flying A Petroleum Ltd., Bighorn Petroleum Ltd., and Tenaka Drilling Consortium Ltd. affirm their continuing commitment to their aforementioned amalgamation, where the respective shareholders meetings to approve the transaction and other matters are anticipated to be called in the near term.
PRIVATE PLACEMENT
The Company is re-pricing the private placement offering announced January 24, 2008. The Company will now issue up to 22 million units at the price of $.05 per unit for gross proceeds of up to CAD $1.1 million. Each unit will consist of one share and one share purchase warrant exercisable at $0.10 for a period of two years from the closing date. A member of company management and a significant shareholder have agreed to increase their participation in this private placement. Finders fees may be payable on this financing.
Thom Bainbridge, P.Geol is the company's qualified person in accordance with regulatory standards. He has reviewed and verified the technical contents of this release.
The financing and amalgamation are subject to TSX Venture Exchange approval.
For more information on Wyn Developments please visit www.wyndevelopments.ca.
On Behalf of the Board,
WYN DEVELOPMENTS INC.
"David McMillan"
----------------
David McMillan
President & CEO
FORWARD LOOKING STATEMENTS
This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Sona to Present at Roth Capital Partners' 20th Annual OC Growth Stock Conference on February 19th PR Newswire "US Press Releases "
Sona to Present at Roth Capital Partners' 20th Annual OC Growth Stock Conference on February 19thPR Newswire "US Press Releases "
NEW YORK, Feb. 6 /PRNewswire-FirstCall/ -- Sona Mobile Holdings Corp. (OTC Bulletin Board: SNMB), a leading provider of secure software solutions for gaming and entertainment, today announced that the Company's management will present at Roth Capital Partners' 20th Annual OC Growth Stock Conference at 3:00 p.m. PST on Tuesday, February 19th, at The Ritz Carlton Laguna Niguel, in Dana Point, California.
Shawn Kreloff, chairman and chief executive officer of Sona Mobile, will present an overview of the Company, including a discussion of its technology, operations and long-term growth strategy.
A web cast of the presentation will be available live and archived via Sona Mobile's web site, www.sonamobile.com. The replay will begin approximately three hours after the conclusion of management's presentation and will be available until May 19, 2008.
In addition, Sona's management will be available for one-on-one meetings throughout the conference. Investors that are interested in scheduling a meeting are invited to contact Garth Russell at 212-896-1250 or grussell@kcsa.com.
About Sona Mobile Holdings
Sona is a leading provider of secure software solutions for server based gaming and entertainment applications. Sona's patent-pending technology delivers a rich client experience without compromising performance or security. Sona's key differentiator is the innovative Sona Gaming Platform (SGP). Sona utilizes the SGP to provide clients with wired or wireless server-based gaming content including slots, table games, video poker and race and sports wagering -- all from a single screen. The Gaming Labs International (GLI) certified SGP architecture works across a wide range of mobile devices, kiosks, and computers. The SGP enables clients to have a similar gaming interface in a casino, at the track, at home on their computer or on their mobile device. Investor Contacts: Media Contact:
Todd Fromer / Garth Russell Anne Donohoe / Christa Conte
KCSA Strategic Communications KCSA Strategic Communications
212-896-1215 / 212-896-1250 212-896-1261 / 212-896-1238
tfromer@kcsa.com / grussell@kcsa.com adonohoe@kcsa.com / cconte@kcsa.com
SOURCE Sona Mobile Holdings Corp.
NEW YORK, Feb. 6 /PRNewswire-FirstCall/ -- Sona Mobile Holdings Corp. (OTC Bulletin Board: SNMB), a leading provider of secure software solutions for gaming and entertainment, today announced that the Company's management will present at Roth Capital Partners' 20th Annual OC Growth Stock Conference at 3:00 p.m. PST on Tuesday, February 19th, at The Ritz Carlton Laguna Niguel, in Dana Point, California.
Shawn Kreloff, chairman and chief executive officer of Sona Mobile, will present an overview of the Company, including a discussion of its technology, operations and long-term growth strategy.
A web cast of the presentation will be available live and archived via Sona Mobile's web site, www.sonamobile.com. The replay will begin approximately three hours after the conclusion of management's presentation and will be available until May 19, 2008.
In addition, Sona's management will be available for one-on-one meetings throughout the conference. Investors that are interested in scheduling a meeting are invited to contact Garth Russell at 212-896-1250 or grussell@kcsa.com.
About Sona Mobile Holdings
Sona is a leading provider of secure software solutions for server based gaming and entertainment applications. Sona's patent-pending technology delivers a rich client experience without compromising performance or security. Sona's key differentiator is the innovative Sona Gaming Platform (SGP). Sona utilizes the SGP to provide clients with wired or wireless server-based gaming content including slots, table games, video poker and race and sports wagering -- all from a single screen. The Gaming Labs International (GLI) certified SGP architecture works across a wide range of mobile devices, kiosks, and computers. The SGP enables clients to have a similar gaming interface in a casino, at the track, at home on their computer or on their mobile device. Investor Contacts: Media Contact:
Todd Fromer / Garth Russell Anne Donohoe / Christa Conte
KCSA Strategic Communications KCSA Strategic Communications
212-896-1215 / 212-896-1250 212-896-1261 / 212-896-1238
tfromer@kcsa.com / grussell@kcsa.com adonohoe@kcsa.com / cconte@kcsa.com
SOURCE Sona Mobile Holdings Corp.
Znomics Advances Drug Discovery Efforts in Zebrafish With Launch of New Human Disease Library PrimeNewswire "PrimeNewswire "
Znomics Advances Drug Discovery Efforts in Zebrafish With Launch of New Human Disease LibraryPrimeNewswire "PrimeNewswire "
PORTLAND, Ore., Feb. 6, 2008 (PRIME NEWSWIRE) -- Znomics, Inc. (OTCBB:ZNOM), a pioneer in the development of the zebrafish as a vertebrate genetic platform to accelerate drug discovery, today announced it has achieved mutations in 193 key genes, representing nearly 50 percent of the known "druggable" disease genes. The company expects that information derived from these disrupted genes and others from its ZeneMark(r) library of mutant fish lines will advance its search for new drug targets and new lead compounds for complex human diseases.
"Today we are launching our Human Disease Library," said David Ransom, Director of Genetics and Functional Genomics at Znomics. "Ultimately, this library, which is a subset of the ZeneMark library of zebrafish strains, will contain mutations in the majority of known human disease genes. These strains can be used to model complex human diseases in the zebrafish. Of the approximately 1,500 gene mutations known to cause disease in man, 368 occur in genes encoding druggable targets, such as receptors, enzymes and channels. The collection of strains in the Human Disease Library represents mutations in the zebrafish genes corresponding to more than half of human genes that are both disease genes and potentially druggable."
"This tool gives Znomics' scientists an ability to model a vast array of different human diseases," said Roger Cone, Chief Scientific Officer at Znomics. "The subset of druggable disease gene mutations will also give us a unique ability to validate novel drug targets and identify the unique drug site-of-action."
Another milestone reached by the company includes 14,000 separately archived sperm samples which contain more than 11,000 mutations in known zebrafish genes, roughly half of the genome. Zebrafish share 80% - 90% of the same genes as humans.
"The ZeneMark library is a remarkable achievement," said Jianxin Wang, Director of Bioinformatics at Znomics. "It has resulted from melding advanced biological science with informatics technology, integrating innovation and hard work both at the bench and at the computer. The library has invaluable utility for the study of gene functions and will ultimately speed up disease gene discoveries and the development of new, innovative drug compounds." CONTACT: Znomics, Inc.
Richard Sessions, Chief Executive Officer
503-827-5271 X102
sessions@znomics.com
Kerry Rea, Chief Financial Officer
503-827-5271 X101
k.rea@znomics.com
PondelWilkinson Inc.
Investors:
Rob Whetstone
Eileen Rauchberg
310-279-5980
PORTLAND, Ore., Feb. 6, 2008 (PRIME NEWSWIRE) -- Znomics, Inc. (OTCBB:ZNOM), a pioneer in the development of the zebrafish as a vertebrate genetic platform to accelerate drug discovery, today announced it has achieved mutations in 193 key genes, representing nearly 50 percent of the known "druggable" disease genes. The company expects that information derived from these disrupted genes and others from its ZeneMark(r) library of mutant fish lines will advance its search for new drug targets and new lead compounds for complex human diseases.
"Today we are launching our Human Disease Library," said David Ransom, Director of Genetics and Functional Genomics at Znomics. "Ultimately, this library, which is a subset of the ZeneMark library of zebrafish strains, will contain mutations in the majority of known human disease genes. These strains can be used to model complex human diseases in the zebrafish. Of the approximately 1,500 gene mutations known to cause disease in man, 368 occur in genes encoding druggable targets, such as receptors, enzymes and channels. The collection of strains in the Human Disease Library represents mutations in the zebrafish genes corresponding to more than half of human genes that are both disease genes and potentially druggable."
"This tool gives Znomics' scientists an ability to model a vast array of different human diseases," said Roger Cone, Chief Scientific Officer at Znomics. "The subset of druggable disease gene mutations will also give us a unique ability to validate novel drug targets and identify the unique drug site-of-action."
Another milestone reached by the company includes 14,000 separately archived sperm samples which contain more than 11,000 mutations in known zebrafish genes, roughly half of the genome. Zebrafish share 80% - 90% of the same genes as humans.
"The ZeneMark library is a remarkable achievement," said Jianxin Wang, Director of Bioinformatics at Znomics. "It has resulted from melding advanced biological science with informatics technology, integrating innovation and hard work both at the bench and at the computer. The library has invaluable utility for the study of gene functions and will ultimately speed up disease gene discoveries and the development of new, innovative drug compounds." CONTACT: Znomics, Inc.
Richard Sessions, Chief Executive Officer
503-827-5271 X102
sessions@znomics.com
Kerry Rea, Chief Financial Officer
503-827-5271 X101
k.rea@znomics.com
PondelWilkinson Inc.
Investors:
Rob Whetstone
Eileen Rauchberg
310-279-5980
PhotoChannel Signs Agreement With Sam's Club CCNMatthews "Canadian Press Releases "
PhotoChannel Signs Agreement With Sam's ClubCCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2008) - PhotoChannel Networks Inc. (TSX VENTURE:PN)(OTCBB:PNWIF) ("PhotoChannel" or "PNI") the leading innovator in online digital media solutions for retailers today announces it has signed an agreement with Sam's Club USA ("Sam's Club"), a division of Wal-Mart Stores, Inc., to provide and operate the Sam's Club online photo service. The service will allow Sam's Club Members to easily and effortlessly place orders for prints, greeting cards, photobooks, calendars and other photo gift items and pick them up at the closest Club location or have them mailed to their home. The new service will launch in March 2008.
"Sam's Club is very meaningful to our Company in terms of our growing relationship with Wal-Mart and in terms of the revenue increase it will deliver our business," says Peter Fitzgerald, Chairman and CEO of PhotoChannel. "Sam's Club, besides being one of the largest retailers in the United States is also one of the premier photofinishing destinations. We are building Sam's and their millions of members an online photo site which will set the standard in the industry in terms of features and usability. We are very pleased to have been chosen as Sam's online photo platform provider."
"We believe PhotoChannel will provide Sam's Club members with a great online photo experience and uphold the standards and value we strive to deliver every day to our members," says Michael Chaney, Merchandise Director Electronics and Technology at Sam's Club. "This new service will complement our in club photo processing capabilities and give our members more options. We are excited to be partnering with PhotoChannel."
About PhotoChannel- Founded in 1995, PhotoChannel operates PNI Digital Media to provide services for major retailers, wireless carriers and content providers. The PNI Digital Media Platform connects consumer ordered digital content with retailers that have on-demand manufacturing capabilities for the production of merchandise. PNI Digital Media generates transactions for retailers and their thousands of locations worldwide including Wal-Mart, Costco, CVS/pharmacy, Tesco and Boots. For more information please visit www.pnidigitalmedia.com
About Sam's Club -The nation's leading members-only warehouse club offers a broad selection of general merchandise and large- volume items at value prices. Since 1983, Sam's Club has been the preferred choice for small businesses, families or anyone looking for great prices on name-brand products. At Sam's Club we exist solely to help small business owners succeed nationwide. Each day more than 584 Sam's Club locations, averaging 132,000 square feet, help small business owners and operators live the American Dream - the same dream Sam Walton lived when he started Wal-Mart and Sam's Club. For more information please visit www.walmartfacts.com or www.samsclub.com.
PhotoChannel relies upon litigation protection for "forward-looking" statements.
WARNING: The TSX Venture Exchange has neither approved nor disapproved the information contained in this release. FOR FURTHER INFORMATION PLEASE CONTACT:
PhotoChannel Networks Inc.
Robert Chisholm
CFO
(604) 893-8955 ext. 224
Email: rchisholm@photochannel.com
rchisholm@photochannel.com
Investor Information
1-800-261-6796
Website: www.pnidigitalmedia.com
Source: PhotoChannel Networks Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2008) - PhotoChannel Networks Inc. (TSX VENTURE:PN)(OTCBB:PNWIF) ("PhotoChannel" or "PNI") the leading innovator in online digital media solutions for retailers today announces it has signed an agreement with Sam's Club USA ("Sam's Club"), a division of Wal-Mart Stores, Inc., to provide and operate the Sam's Club online photo service. The service will allow Sam's Club Members to easily and effortlessly place orders for prints, greeting cards, photobooks, calendars and other photo gift items and pick them up at the closest Club location or have them mailed to their home. The new service will launch in March 2008.
"Sam's Club is very meaningful to our Company in terms of our growing relationship with Wal-Mart and in terms of the revenue increase it will deliver our business," says Peter Fitzgerald, Chairman and CEO of PhotoChannel. "Sam's Club, besides being one of the largest retailers in the United States is also one of the premier photofinishing destinations. We are building Sam's and their millions of members an online photo site which will set the standard in the industry in terms of features and usability. We are very pleased to have been chosen as Sam's online photo platform provider."
"We believe PhotoChannel will provide Sam's Club members with a great online photo experience and uphold the standards and value we strive to deliver every day to our members," says Michael Chaney, Merchandise Director Electronics and Technology at Sam's Club. "This new service will complement our in club photo processing capabilities and give our members more options. We are excited to be partnering with PhotoChannel."
About PhotoChannel- Founded in 1995, PhotoChannel operates PNI Digital Media to provide services for major retailers, wireless carriers and content providers. The PNI Digital Media Platform connects consumer ordered digital content with retailers that have on-demand manufacturing capabilities for the production of merchandise. PNI Digital Media generates transactions for retailers and their thousands of locations worldwide including Wal-Mart, Costco, CVS/pharmacy, Tesco and Boots. For more information please visit www.pnidigitalmedia.com
About Sam's Club -The nation's leading members-only warehouse club offers a broad selection of general merchandise and large- volume items at value prices. Since 1983, Sam's Club has been the preferred choice for small businesses, families or anyone looking for great prices on name-brand products. At Sam's Club we exist solely to help small business owners succeed nationwide. Each day more than 584 Sam's Club locations, averaging 132,000 square feet, help small business owners and operators live the American Dream - the same dream Sam Walton lived when he started Wal-Mart and Sam's Club. For more information please visit www.walmartfacts.com or www.samsclub.com.
PhotoChannel relies upon litigation protection for "forward-looking" statements.
WARNING: The TSX Venture Exchange has neither approved nor disapproved the information contained in this release. FOR FURTHER INFORMATION PLEASE CONTACT:
PhotoChannel Networks Inc.
Robert Chisholm
CFO
(604) 893-8955 ext. 224
Email: rchisholm@photochannel.com
rchisholm@photochannel.com
Investor Information
1-800-261-6796
Website: www.pnidigitalmedia.com
Source: PhotoChannel Networks Inc.
Unicorp Announces 257% Growth In Proved Reserves Business Wire "US Press Releases "
Unicorp Announces 257% Growth In Proved ReservesBusiness Wire "US Press Releases "
HOUSTON--(BUSINESS WIRE)--
Unicorp, Inc. (OTCBB:UCPI) announced today its year-end 2007 reserves.
Total proved reserves, consisting of Proved Developed Producing (PDP); Proved Developed Behind Pipe (PDBP) and Proved Undeveloped (PUD) were 571 thousand barrels of oil equivalent (Mboe), an increase of 257% from the 159.8 Mboe reported as of December 31, 2006. The reserve report was compiled by Hite & Associates, a certified independent reserve evaluation firm headquartered in Houston, Texas.
The PV10 value (net present value discounted at 10%) of these reserves using commodity pricing at the close of business on the final trading day of 2007 as per Securities and Exchange Commission guidelines was in excess of $20.5 million, an increase of 454% over the PV10 value as of December 31, 2006.
The primary factors in the growth of the proved reserves were the acquisition of the Welsh Field located in South Louisiana and the Catfish Prospect discovery well completed during the fourth quarter of 2007 and located in East Texas.
Management Comments
Mr. Bob Munn, President and CEO of Unicorp said; "I am extremely pleased with the Company's progress in growing reserves during 2007. These reserves provide us with a solid base of production and cash flow as we continue to grow the company. We are excited about our 2008 development program which will commence with the drilling of our second Rodessa well in the Catfish Prospect during the first quarter of this year."
About Unicorp
Unicorp, Inc. is an upstream U.S. oil and gas company headquartered in Houston, Texas and traded on the Over-the-Counter Bulletin Board (UCPI.OB). The company is engaged in the search for and sale of oil and gas reserves through both exploratory drilling and the acquisition of producing properties. Unicorp's objective is to cost efficiently develop these properties and market the oil and gas production at the wellhead. Unicorp is strategically focused along the Texas Gulf Coast, East Texas and South Louisiana in areas of developed infrastructure and established markets.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Unicorp's future business and financial results, refer to Unicorp's Quarterly Report on Form 10-QSB for the quarter ended September 30, 2007, and Annual Report on Form 10-KSB/A (First Amendment) for the year ended December 31, 2006. Unicorp undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Source: Unicorp, Inc.
HOUSTON--(BUSINESS WIRE)--
Unicorp, Inc. (OTCBB:UCPI) announced today its year-end 2007 reserves.
Total proved reserves, consisting of Proved Developed Producing (PDP); Proved Developed Behind Pipe (PDBP) and Proved Undeveloped (PUD) were 571 thousand barrels of oil equivalent (Mboe), an increase of 257% from the 159.8 Mboe reported as of December 31, 2006. The reserve report was compiled by Hite & Associates, a certified independent reserve evaluation firm headquartered in Houston, Texas.
The PV10 value (net present value discounted at 10%) of these reserves using commodity pricing at the close of business on the final trading day of 2007 as per Securities and Exchange Commission guidelines was in excess of $20.5 million, an increase of 454% over the PV10 value as of December 31, 2006.
The primary factors in the growth of the proved reserves were the acquisition of the Welsh Field located in South Louisiana and the Catfish Prospect discovery well completed during the fourth quarter of 2007 and located in East Texas.
Management Comments
Mr. Bob Munn, President and CEO of Unicorp said; "I am extremely pleased with the Company's progress in growing reserves during 2007. These reserves provide us with a solid base of production and cash flow as we continue to grow the company. We are excited about our 2008 development program which will commence with the drilling of our second Rodessa well in the Catfish Prospect during the first quarter of this year."
About Unicorp
Unicorp, Inc. is an upstream U.S. oil and gas company headquartered in Houston, Texas and traded on the Over-the-Counter Bulletin Board (UCPI.OB). The company is engaged in the search for and sale of oil and gas reserves through both exploratory drilling and the acquisition of producing properties. Unicorp's objective is to cost efficiently develop these properties and market the oil and gas production at the wellhead. Unicorp is strategically focused along the Texas Gulf Coast, East Texas and South Louisiana in areas of developed infrastructure and established markets.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Unicorp's future business and financial results, refer to Unicorp's Quarterly Report on Form 10-QSB for the quarter ended September 30, 2007, and Annual Report on Form 10-KSB/A (First Amendment) for the year ended December 31, 2006. Unicorp undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Source: Unicorp, Inc.
Rochester Brings Second Drill to Florida North CCNMatthews "Canadian Press Releases "
Rochester Brings Second Drill to Florida NorthCCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I): Rochester is pleased to announce that a second diamond drill has arrived at the Company's property in Nayarit, Mexico. This drill will be mobilized at the Florida North Project. Currently the Company has a 7000m drill program scheduled for three different projects. In November 2007, drilling commenced at the Santa Fe property and with the addition of this second drill it will enable the Company to accelerate its exploration program.
An initial 2000 metre drill program will be implemented at Florida North to test the continuation of the current Florida Vein system which the company is currently mining. The mineralization at Florida North has been traced at surface for approximately 1.5 kilometres to the north-northwest of the Florida mine. The Company feels this area will supplement the current mill with feed and increase the mine life of Florida significantly.
At the Santa Fe Property, the Company has been drilling the Clavellinos vein system where they are testing the a 40-metre-wide mineralized alteration zone with three subparallel high-grade epithermal veins emplaced within; there has been a strike length of over 5km traced at service. Drill results are expected shortly.
Dr. Parra is currently the Company's in-house Qualified Person and QP Member of the Mining and Metallurgical Society of America with special expertise in Mining.
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration and development of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits. Current production generates growing cash flow and helps fund our ongoing exploration and development with minimum share dilution
We have identified 37 vein structures on our two Projects (Mina Real and Santa Fe) and recently embarked on an aggressive follow-up exploration program including a 7000m drill program and a 2000m drift development program that will determine the next steps for mine development and production levels. Little follow-up work has been completed to date on the vein structures identified across both Projects.
Rochester is well positioned to advance its Projects and can very quickly become a significant player in Mexico. Rochester has a strong senior management team based in Mexico, a workforce in place to advance its projects through to mine development, and strong financial backing to implement and advance our work programs.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT:
Empire Communications Inc.
Investor Information Contact
1-866-841-0068
Email: info@rochesterresourcesltd.com
Website: www.rochesterresourcesltd.com
Source: Rochester Resources Ltd.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I): Rochester is pleased to announce that a second diamond drill has arrived at the Company's property in Nayarit, Mexico. This drill will be mobilized at the Florida North Project. Currently the Company has a 7000m drill program scheduled for three different projects. In November 2007, drilling commenced at the Santa Fe property and with the addition of this second drill it will enable the Company to accelerate its exploration program.
An initial 2000 metre drill program will be implemented at Florida North to test the continuation of the current Florida Vein system which the company is currently mining. The mineralization at Florida North has been traced at surface for approximately 1.5 kilometres to the north-northwest of the Florida mine. The Company feels this area will supplement the current mill with feed and increase the mine life of Florida significantly.
At the Santa Fe Property, the Company has been drilling the Clavellinos vein system where they are testing the a 40-metre-wide mineralized alteration zone with three subparallel high-grade epithermal veins emplaced within; there has been a strike length of over 5km traced at service. Drill results are expected shortly.
Dr. Parra is currently the Company's in-house Qualified Person and QP Member of the Mining and Metallurgical Society of America with special expertise in Mining.
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration and development of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits. Current production generates growing cash flow and helps fund our ongoing exploration and development with minimum share dilution
We have identified 37 vein structures on our two Projects (Mina Real and Santa Fe) and recently embarked on an aggressive follow-up exploration program including a 7000m drill program and a 2000m drift development program that will determine the next steps for mine development and production levels. Little follow-up work has been completed to date on the vein structures identified across both Projects.
Rochester is well positioned to advance its Projects and can very quickly become a significant player in Mexico. Rochester has a strong senior management team based in Mexico, a workforce in place to advance its projects through to mine development, and strong financial backing to implement and advance our work programs.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT:
Empire Communications Inc.
Investor Information Contact
1-866-841-0068
Email: info@rochesterresourcesltd.com
Website: www.rochesterresourcesltd.com
Source: Rochester Resources Ltd.
Transmeta Corporation Confirms First LongRun2 Licensee Has Achieved Volume Production Business Wire "US Press Releases "
Transmeta Corporation Confirms First LongRun2 Licensee Has Achieved Volume ProductionBusiness Wire "US Press Releases "
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Transmeta Corporation (NASDAQ: TMTA) today confirmed that its first licensee began its production ramp of the first commercial product licensed to use Transmeta's LongRun2 technologies and has achieved volume production levels. As a result, Transmeta expects to recognize approximately $215,000 in royalty revenue in the first quarter of 2008 for products using Transmeta's LongRun2 technologies that were sold by its licensee during the fourth quarter of 2007. This compares with sample production royalty revenues of approximately $1,000 and $2,000 that the Company recognized from its first licensee in the third and fourth quarters of 2007, respectively.
"We are very pleased that the first commercial product licensed to use our LongRun2 technologies is now in volume production," said Les Crudele, president and chief executive officer of Transmeta. "This is an important milestone and highlights the long-term opportunity of our IP licensing business."
About Transmeta Corporation
Transmeta Corporation develops and licenses innovative computing, microprocessor and semiconductor technologies and related intellectual property. Founded in 1995, we first became known for designing, developing and selling our highly efficient x86-compatible software-based microprocessors, which deliver a balance of low power consumption, high performance, low cost and small size suited for diverse computing platforms. We are presently focused on developing and licensing our advanced power management technologies for controlling leakage and increasing power efficiency in semiconductor and computing devices, and in licensing our computing and microprocessor technologies to other companies. To learn more about Transmeta, visit www.transmeta.com.
Safe Harbor Statement
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements speak only as of the date of this release, and we will not necessarily provide updates of our projections or other forward-looking statements. Investors are cautioned that such forward-looking statements are subject to many risks and uncertainties, and may differ materially or adversely from our actual results or future events. Important risk factors that could have material or adverse effects on our results include uncertainty about the adoption and market acceptance of our technology offerings by current and potential customers and licensees, our inability to predict or ensure that third parties will license our technologies or use our technologies to generate royalties, difficulties in developing our technologies in a timely and cost effective manner, and other risk factors. We urge investors to review our filings with the Securities and Exchange Commission, including our most recent reports on Forms 10-Q, 10-K and 8-K, which describe these and other important risk factors that could have an adverse effect on our results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.
Transmeta and LongRun2 are trademarks of Transmeta Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.
Source: Transmeta Corporation
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Transmeta Corporation (NASDAQ: TMTA) today confirmed that its first licensee began its production ramp of the first commercial product licensed to use Transmeta's LongRun2 technologies and has achieved volume production levels. As a result, Transmeta expects to recognize approximately $215,000 in royalty revenue in the first quarter of 2008 for products using Transmeta's LongRun2 technologies that were sold by its licensee during the fourth quarter of 2007. This compares with sample production royalty revenues of approximately $1,000 and $2,000 that the Company recognized from its first licensee in the third and fourth quarters of 2007, respectively.
"We are very pleased that the first commercial product licensed to use our LongRun2 technologies is now in volume production," said Les Crudele, president and chief executive officer of Transmeta. "This is an important milestone and highlights the long-term opportunity of our IP licensing business."
About Transmeta Corporation
Transmeta Corporation develops and licenses innovative computing, microprocessor and semiconductor technologies and related intellectual property. Founded in 1995, we first became known for designing, developing and selling our highly efficient x86-compatible software-based microprocessors, which deliver a balance of low power consumption, high performance, low cost and small size suited for diverse computing platforms. We are presently focused on developing and licensing our advanced power management technologies for controlling leakage and increasing power efficiency in semiconductor and computing devices, and in licensing our computing and microprocessor technologies to other companies. To learn more about Transmeta, visit www.transmeta.com.
Safe Harbor Statement
This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements speak only as of the date of this release, and we will not necessarily provide updates of our projections or other forward-looking statements. Investors are cautioned that such forward-looking statements are subject to many risks and uncertainties, and may differ materially or adversely from our actual results or future events. Important risk factors that could have material or adverse effects on our results include uncertainty about the adoption and market acceptance of our technology offerings by current and potential customers and licensees, our inability to predict or ensure that third parties will license our technologies or use our technologies to generate royalties, difficulties in developing our technologies in a timely and cost effective manner, and other risk factors. We urge investors to review our filings with the Securities and Exchange Commission, including our most recent reports on Forms 10-Q, 10-K and 8-K, which describe these and other important risk factors that could have an adverse effect on our results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.
Transmeta and LongRun2 are trademarks of Transmeta Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.
Source: Transmeta Corporation
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