Stock News and Information

martCard Marketing Systems Inc. (Velocitymoney.com) and Kahnawake International Your Server Solutions to Deploy KIYSS.com Services to Aboriginals Acro

2008-02-06T05:08:00.006-08:00

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.

ational Health Partners Announces New Membership Agreement with Michigan Hispanic Chamber of Commerce Business Wire "US Press Releases "

2008-02-06T05:08:00.005-08:00

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.

EGIL Launches Ray Lewis Fantasy Football Edge at Super Bowl XLII PR Newswire "US Press Releases "

2008-02-06T05:08:00.003-08:00

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.

EGIL Launches Ray Lewis Fantasy Football Edge at Super Bowl XLII PR Newswire "US Press Releases "

2008-02-06T05:08:00.001-08:00

Dan Clozza and Davis Strebinger of Forum National Investments Ltd., are the Featured Guests in an Audio Interview at SmallCapVoice.com Business Wire

2008-02-06T05:07:00.005-08:00

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.

PureDepth Completes Bridge Financing Round Business Wire "US Press Releases "

2008-02-06T05:07:00.003-08:00

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.

Solucorp's IFS-2C Mercury Emission Control Technology Continues to Draw National Interest With New Demonstration at Mega Coal Fired Energy Plant Busi

2008-02-06T05:07:00.001-08:00

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

Update: Sector 10 Selects Capital Group Communications as Investor Relations Agency of Record PR Newswire "US Press Releases "

2008-02-06T05:06:00.006-08:00

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

Gener8Xion Signs Three Picture International Deal With Media 8 PR Newswire "US Press Releases "

2008-02-06T05:06:00.005-08:00

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.

Wyn Developments increases ownership in core asset Canada NewsWire "All News "

2008-02-06T05:06:00.003-08:00

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.

Sona to Present at Roth Capital Partners' 20th Annual OC Growth Stock Conference on February 19th PR Newswire "US Press Releases "

2008-02-06T05:06:00.001-08:00

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.

Znomics Advances Drug Discovery Efforts in Zebrafish With Launch of New Human Disease Library PrimeNewswire "PrimeNewswire "

2008-02-06T05:05:00.006-08:00

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

PhotoChannel Signs Agreement With Sam's Club CCNMatthews "Canadian Press Releases "

2008-02-06T05:05:00.005-08:00

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.

Unicorp Announces 257% Growth In Proved Reserves Business Wire "US Press Releases "

2008-02-06T05:05:00.003-08:00

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.

Rochester Brings Second Drill to Florida North CCNMatthews "Canadian Press Releases "

2008-02-06T05:05:00.001-08:00

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.

Transmeta Corporation Confirms First LongRun2 Licensee Has Achieved Volume Production Business Wire "US Press Releases "

2008-02-06T05:04:00.000-08:00

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

BNP Paribas is considering a bid for Societe Generale - Bloomberg.com Briefing.com "Inplay "

2008-01-31T05:26:00.001-08:00

BNP Paribas is considering a bid for Societe Generale - Bloomberg.comBriefing.com "Inplay "
Bloomberg.com reports BNP Paribas is considering a bid for Societe Generale, the bank that last week reported a record trading loss. BNP Paribas is studying a possible offer as other European banks do the same. The comments sent Societe Generale higher for a third day in Paris trading. The $7.3 bln loss from unauthorized trading raised questions about management oversight and may have left the bank vulnerable to a takeover. The trading loss forced Chairman Daniel Bouton to turn to shareholders for 5.5 bln euros in a stock offering to replenish capital, but board says Societe Generale has enough funds to remain independent and is in 'good health.' Prime Minister Francois Fillon told Parliament this week that the government will ensure that Societe Generale remains in French hands, encouraging speculation that the government favors a combination with BNP Paribas to ward off a foreign suitor.

Peak International Sets Time for Discussion of Third Quarter Fiscal 2008 Financial Results PR Newswire "US Press Releases "

2008-01-31T05:25:00.006-08:00

Peak International Sets Time for Discussion of Third Quarter Fiscal 2008 Financial ResultsPR Newswire "US Press Releases "
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ -- Peak International Limited (Nasdaq: PEAK), today announced that financial results for the third quarter of fiscal year 2008 ended December 31, 2007 will be released after the market closes on Wednesday, January 30, 2008. A conference call to discuss the results of the quarter will be held the following morning on Thursday, January 31, 2008 at 10:00 AM ET.
To access the teleconference, please call (888) 413-9033 (domestic) or (706) 679-5076 (international). To listen to the teleconference via the Internet, go to http://investors.peakinternational.com/ and click on the third quarter 2008 teleconference link.
A replay of the call will be available at (800) 642-1687 (domestic) or (706) 645-9291 (international), access number 32156216 for 3 days following the call, and the web cast will be archived on the company's website, http://investors.peakinternational.com/, for 30 days.
About Peak International Limited
Peak International Limited (http://www.peakinternational.com) is a leading supplier of precision-engineered packaging products for storage, transportation and automated handling of disk drive components, semiconductor devices, wafer fab products as well as precision medical products. There are approximately 1,400 people who work directly or indirectly for Peak worldwide and its headquarters are in Hong Kong with major manufacturing operations in Shenzhen, the PRC, which is operated pursuant to a processing agreement with an unaffiliated party. Peak operates warehouses throughout the world and offers JIT services to some of the world's largest disk drive and other companies. Contacts
John Supan Joe Diaz
CFO Lytham Partners, LLC
Peak International Limited, Hong Kong 602-889-9700
+852-3193-6000
SOURCE Peak International Limited

Telekom Austria Group: Telekom Austria Continues aonTV Rollout M2 "Press Wire "

2008-01-31T05:25:00.005-08:00

Telekom Austria Group: Telekom Austria Continues aonTV RolloutM2 "Press Wire " M2 PressWIRE - January 31, 2008 - - Roughly 1,000 new customers per week- Expansion of TV channels to almost 100
- 500 movies in the video library
- Availability to 50% of all Austrian households by the end of 2008
- Telekom Austria as major digital cable network provider by year-end
- Cooperation with On Demand Deutschland (ODD) enables early availability of blockbusters within the aonTV video library
Vienna -- The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced that its fixed net subsidiary, Telekom Austria TA AG, is focusing on the further expansion of its TV service aonTV in terms of coverage, number of TV channels and video library portfolio as well as new features.
Hannes Ametsreiter, CMO Telekom Austria and CMO mobilkom austria, said: "An important milestone for 2008 is the expansion of aonTV coverage to rural areas. By year-end, aonTV will be made available to 50% of all Austrian households. Currently, roughly 1,000 new customers per week opt for aonTV. Our goal is to become Austria's major digital cable network provider by the end of the year."
Cooperation with ODD makes aonTV video library unique
In addition to the Austria-wide rollout of the service, a further focus area is represented by the expansion of the aonTV portfolio. Through the cooperation with On Demand Deutschland (ODD), a joint venture of the international media company On Demand Group and Tele Munchen Group, the aonTV video library will become a unique video-on-demand service with unparalleled range and quality in Austria.
"Thanks to the cooperation with ODD our customers will be able to choose among 500 movies by year-end. Current blockbusters as well as independent productions will be available much earlier, almost simultaneously with the market appearance of the DVD and for a similar price," continued Hannes Ametsreiter.
"We are very delighted to work with Telekom Austria, as aonTV is a pioneering service for the VOD market in Austria," said Tony Kelly and Bernd Schl tterer, Managing Directors On Demand Deutschland.
HD quality for even more entertainment In addition, numerous Hollywood movies in HD quality will be made available in the course of the year. The aonTV video library encompasses blockbusters, famous TV series and ever-greens, which can be seen in real time for a premium. Thus, viewers can decide when and which movies they want to see, becoming their own programming director. The movie of choice can be stopped at any time, fast-forwarded or rewound, and watched at a later time or more than once within 24 hours after ordering.
Expansion of TV channels to around 100
Besides the expansion of the aonTV video library, the enlargement of the TV channel portfolio will be continued this year. "Our objective is to offer customers a selection of around 100 channels. For us quality is definitely more important than quantity. In addition to variety, customer convenience plays a very important role for us. Any new channel is simply added to the portfolio and made available to the customers without any technical resetting," added Hannes Ametsreiter. Soon the channel portfolio will include the Turkish channel TRT, the Serbian private channel RTS Sat PTC and the Croatian channel HRT as well as "Kinowelt TV", a channel offering high-value cinema movies.
New Features: pause/live
With the pause/live feature, which is currently under development, soon it will be possible to stop and continue watching movies and series whenever one wishes. Currently negotiations with the broadcasting stations are being conducted to get the approval for this feature. A high degree of convenience is guaranteed by this feature, making the aonTV experience more attractive and tailor-made to the individual needs.
About the Telekom Austria Group:
The Telekom Austria Group is Austria's leading provider of telecommunications services. It was listed on the Vienna stock exchange in November 2000. The Group has two main business areas: the fixed net segment encompasses fixed line telephony, data, Internet, security and multimedia services and the mobile communications segment covers mobile communications. The Telekom Austria Group has international operations in the Czech Republic, Croatia, Slovenia, Bulgaria, Liechtenstein, Serbia, Macedonia and Belarus.
((Comments on this story may be sent to info@m2.com))
Â© 2008 M2 COMMUNICATIONS LTD

NewCardio Closes Share Exchange Agreement with Marine Park Holdings Business Wire "US Press Releases "

2008-01-31T05:25:00.003-08:00

NewCardio Closes Share Exchange Agreement with Marine Park HoldingsBusiness Wire "US Press Releases "
SAN JOSE, Calif.--(BUSINESS WIRE)--
NewCardio, Inc. announced today the closing of a share exchange agreement with Marine Park Holdings, Inc. (MPHL.OB) whereby NewCardio is now a public company by way of reverse merger. NewCardio's common stock is currently quoted for trading on the Over the Counter Bulletin Board (OTCBB) under the symbol NWCI.OB.
Concurrent with the closing of the agreement, the company completed a private placement financing of $8.2 million of 10% redeemable, non-voting Series A Convertible Preferred Stock, plus warrants. Platinum-Montaur Life Sciences, LLC and Vision Capital Advisors, LLC participated in the financing.
"This is an exciting time for NewCardio as this transaction provides us with the financial flexibility to pursue our strategy and to aggressively participate in the growth of the cardiovascular diagnostic market," said Dr. Branislav Vajdic, NewCardio co-founder, president and CEO.
As part of the transaction, Marine Park acquired all of the issued and outstanding capital stock of NewCardio. Concurrent share transactions with other parties required the cancellation of certain Marine Park shares resulting in an aggregate of 20.2 million shares of common stock issued and outstanding today. As the surviving entity in the transaction, Marine Park assumed the operating business of NewCardio and subsequently changed its name to NewCardio, Inc.
Under the terms of the agreement, Dr. Vajdic remains president, CEO and director of the new entity, with Robert N. Blair as chairman. David Stefansky and Richard Rosenblum resigned as officers and directors of Marine Park.
About NewCardio, Inc.
NewCardio's software and hardware products and services are intended to improve the diagnosis and monitoring of cardiovascular disease (CVD), as well as cardiac safety assessment of drugs under development . The company's 3-dimensional electrocardiogram (ECG) platform reduces the time and expense involved in assessing cardiac status while increasing the ability to diagnose clinically significant conditions previously difficult to detect. NewCardio intends to initially compete in two large segments of the CVD diagnostic market: cardiac safety in drug development, and diagnostics. For more information, visit www.newcardio.com.
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this press release regarding NewCardio's business that are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Specifically, these statements include, but are not limited to those concerning the timing of regulatory approval or commercialization of its products or the achievement of clinical, regulatory or product development milestones. Forward-looking statements are based on management's current, preliminary expectations, and are subject to risks and uncertainties that could cause actual results to differ from the results predicted and which are included in the "Risk Factors" section of our most recent current report on Form 8-K/A. The current report was filed with the SEC on January 22, 2008 and is available on the SEC's website at http://www.sec.gov. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. NewCardio undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.
Source: NewCardio, Inc.

SS Recommends Forbes Medi-Tech Shareholders Vote 'FOR' the Proposed Corporate Reorganization CCNMatthews "Canadian Press Releases "

2008-01-31T05:25:00.001-08:00

SS Recommends Forbes Medi-Tech Shareholders Vote 'FOR' the Proposed Corporate ReorganizationCCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2008) - Forbes Medi-Tech Inc. (TSX:FMI)(NASDAQ:FMTI) announced today that Institutional Shareholder Services Inc. (ISS) has formally recommended that their clients holding shares in Forbes Medi-Tech vote "FOR" the proposed corporate reorganization. ISS, one of the world's leading providers of corporate governance and proxy voting solutions, conducted an independent and comprehensive analysis of Forbes' proposed corporate reorganization and its impact on shareholders.
"The independent review and recommendation in favor of the corporate reorganization represents a strong endorsement of its strategic benefits to shareholders," said Charles Butt, President and CEO of Forbes Medi-Tech.
As previously announced, the special general meeting of shareholders is to be held February 14, 2008, at 8:00 a.m. PT, at the offices of Farris, Vaughan, Wills & Murphy LLP on the 25th floor, 700 West Georgia Street, Vancouver, B.C. Forbes Medi-Tech shareholders are encouraged to vote for the corporate reorganization by completing, signing, dating and returning their proxy form no later than 8:00 a.m. (Vancouver time) on February 12, 2008. Shareholders requiring assistance in voting their proxies should call the Proxy Solicitation Agent, Kingsdale Shareholder Services Inc., toll-free, at 1-866-639-7993.
About Forbes Medi-Tech Inc.
Forbes Medi-Tech Inc. is a life sciences company dedicated to the research, development and commercialization of innovative products for the prevention and treatment of life-threatening disease. Our strategy and vision is to develop and market a portfolio of products for the benefit of all consumers, from the healthy person desiring consumer lifestyle products that can help reduce the risk of future disease, to medical patients needing therapeutic prescription products for the treatment of an established ailment. Additional information on Forbes Medi-Tech can be found at www.forbesmedi.com.
This News Release contains forward-looking statements and information regarding Forbes proposed Plan of Arrangement and reorganization, Forbes' strategy and vision, and other information related to future periods. Forward-looking statements and information can be identified by the use of forward-looking terminology such as "proposed", "expects", "is to be", "strategy", "vision", or comparable terminology referring to future events or results. Forward-looking statements and information are statements and information about the future and are inherently uncertain. The Company's actual achievements and other results and occurrences could differ materially from those anticipated in these forward-looking statements and information due to a variety of risks, uncertainties and other factors, including, without limitation, uncertainty whether the plan of arrangement will be submitted to shareholders as proposed or at all, or if approved, will be implemented; uncertainty whether all necessary approvals to the plan of arrangement, including regulatory and shareholder approval, will be obtained; the risk that the mailing date, meeting date, and time and/or location of the meeting are subject to change; uncertainty whether the Nasdaq minimum bid price will be achieved and whether the Company's or Newco's shares will remain, or will be, listed on the TSX and/or Nasdaq; the need for additional funding, which may not be available in a timely manner or at all, notwithstanding Newco's ability to offer new financing alternatives; the risk of unanticipated costs or expenses; uncertainty whether the Company will realize is strategies and vision; the need for additional research and development, the outcome of which is uncertain; changes in business strategy or development plans; as well as a description of other risks and uncertainties affecting the Company and its business, as contained in news releases and filings with the United States Securities and Exchange Commission and Canadian Securities Regulatory Authorities, any of which could cause actual results to vary materially from current results or the Company's anticipated future results. Forward-looking statements and information are based on the assumptions, beliefs, opinions and expectations of the Company's management at the time they are made, and the Company does not assume any obligation to update its forward-looking statements or information if those assumptions, beliefs, opinions or expectations or other circumstances should change.
NASDAQ and the Toronto Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this News Release. FOR FURTHER INFORMATION PLEASE CONTACT:
Forbes Medi-Tech Inc.
Darren Seed
Director, Investor Relations
(604) 681-8976
Email: dseed@forbesmedi.com
Website: www.forbesmedi.com
Source: Forbes Medi-Tech Inc.

Point Blank Solutions and G2 Consulting Establish Strategic Agreement to Bring to Market the First-of-Its-Kind Electroshock Weapon Protection System w

2008-01-31T05:24:00.001-08:00

Point Blank Solutions and G2 Consulting Establish Strategic Agreement to Bring to Market the First-of-Its-Kind Electroshock Weapon Protection System with New ThorShield(TM) TechnologyPR Newswire "US Press Releases "
POMPANO BEACH, Fla., Jan. 31 /PRNewswire-FirstCall/ -- Point Blank Solutions, Inc. (OTC Pink Sheets: PBSO.PK), a leader in the field of protective body armor, announced today that it entered into an agreement with G2 Consulting to market a line of electroshock weapon protection systems.
Emerging domestic and international threats have generated a growing interest in the use of less-than-lethal weapons by government and law enforcement agencies. Electroshock devices such as TASERS help officers reduce injuries by incapacitating dangerous, combative or high-risk subjects. Until G2's patented ThorShield(TM) technology, there has been no protection for officers if their weapon is turned against them.
Point Blank has teamed up exclusively with G2 Consulting, architect of ThorShield and other electroshock weapon protection solutions, to integrate this technology into Point Blank Body Armor and PACA body armor products. ThorShield works by providing a highly conductive specialized layer of fabric that ensures the electric current discharged from the weapon flows through the lining rather than the body. The protective material can be applied to officers' garments and equipment such as body armor, shirts, jackets, training suits, gloves, and hats. Important to ThorShield's design is that it can allow for greater flexibility at less weight, without compromising protection. The lining is breathable and provides the comfort essential to officers in the field.
According to preliminary data released by the National Law Enforcement Officers Memorial Fund (NLEOMF) and Concerns of Police Survivors (C.O.P.S.), officers are being confronted by more brazen, heavily armed and violent criminals than in years past, and firearms-related assaults and fatalities are on the rise. Keeping in line with this trend, law enforcement agencies are recognizing that more felonious acts are being committed with illegal stun guns. Electroshock weapons increasingly are being marketed to the general public and winding up in the hands of criminals-as a result, greatly compromising officer safety.
"We continue to develop and deliver the most advanced protective gear in the world," stated Larry Ellis, President and CEO. "Threats against our law enforcement officers are constantly changing. The very devices proven to be valuable to those on the front lines are ending up in the hands of criminals and used against them. This exclusive agreement provides us with product lines that meet those threats and should open up new channels for growth."
Point Blank will be displaying its body armor products with new ThorShield technology at the 2008 Shooting, Hunting, Outdoor Trade Show and Conference (SHOT Show), February 2-5 at the Las Vegas Convention Center in Las Vegas, Nevada. Attendees are invited to visit Point Blank's booth #8909 to view solutions and speak with company executives.
ABOUT POINT BLANK SOLUTIONS, INC.
Point Blank Solutions, Inc. is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets. The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, Point Blank Solutions believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry.
The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC. To learn more about Point Blank Solutions, Inc. visit our website at www.PointBlankSolutionsInc.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THE STATEMENTS WHICH ARE NOT HISTORICAL FACTS CONTAINED IN THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS, WHICH ARE BASED LARGELY ON THE COMPANY'S EXPECTATIONS AND ARE SUBJECT TO VARIOUS BUSINESS RISKS AND UNCERTAINTIES, CERTAIN OF WHICH ARE BEYOND THE COMPANY'S CONTROL. WORDS SUCH AS "EXPECTS," "ANTICIPATES," "TARGETS," "GOALS," "PROJECTS," "INTENDS," "PLANS," "BELIEVES," "SEEKS," "ESTIMATES," VARIATIONS OF SUCH WORDS, AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS THAT SPEAK AS OF THE DATE HEREOF AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. THEREFORE, ACTUAL RESULTS MAY DIFFER MATERIALLY AND ADVERSELY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, (1) CHANGES IN THE COMPANY'S INTERNAL CONTROL STRUCTURE OVER FINANCIAL REPORTING, (2) DE-LISTING FROM THE AMERICAN STOCK EXCHANGE, (3) UNCERTAINTY OF FUTURE FINANCIAL RESULTS, (4) ADDITIONAL FINANCING REQUIREMENTS, (5) DEVELOPMENT OF NEW PRODUCTS, (6) GOVERNMENT APPROVAL PROCESSES, INCLUDING APPROVAL OF THE SETTLEMENT BY THE COURT, (7) THE IMPACT OF COMPETITIVE PRODUCTS OR PRICING, (8) TECHNOLOGICAL CHANGES, (9) THE EFFECT OF POLITICAL AND ECONOMIC CONDITIONS, (10) THE OUTCOME AND IMPACT OF LITIGATION TO WHICH THE COMPANY IS A PARTY AND THE SECURITIES AND EXCHANGE COMMISSION AND OTHER INVESTIGATIONS REGARDING THE COMPANY, (11) TURNOVER IN THE COMPANY'S SENIOR MANAGEMENT AND (12) OTHER UNCERTAINTIES DETAILED IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING, WITHOUT LIMITATION, THOSE UNCERTAINTIES AND RISKS DISCUSSED IN DETAIL IN PART II ITEM 1A. "RISK FACTORS," IN THE COMPANY'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 2007. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGE IN THE EXPECTATIONS OF OUR MANAGEMENT WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS, OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.
Company Contact: Media Relations/Investor Relations Glenn Wiener
212-786-6013 / ir@PBSInc.com
SOURCE Point Blank Solutions, Inc.

Entrust's Network Shared Folder Encryption Solution Chosen by China's PXInfosec PR Newswire "US Press Releases "

2008-01-31T05:23:00.001-08:00

Entrust's Network Shared Folder Encryption Solution Chosen by China's PXInfosecPR Newswire "US Press Releases "
DALLAS, Jan. 31 /PRNewswire-FirstCall/ -- Securing information without hindering productivity has always been one of the major hurdles to enabling collaboration and protecting the assets and intellectual property of financial institutions, enterprises and government agencies. China-based PXInfosec recognized this opportunity and that they could solve this challenge for their customers with Entrust, Inc. (Nasdaq: ENTU) and the Entrust Entelligence Group Share network folder encryption solution.
"The majority of our customers collaborate on sensitive files or folders on a daily basis. The operational challenge of securing this information, without negatively impacting efficiency, was of utmost concern," said PXInfosec General Manager Eric Ren. "With this innovative network folder encryption solution, we not only secure their key data and intellectual property, but we do so in a cost-efficient, non-invasive manner. It's an invaluable tool."
As part of the agreement, PXInfosec will purchase 20,000 licenses of Entrust Entelligence Group Share. The innovative network folder encryption solution, which was launched in 2007, offers organizations a seamless method of implementing easy-to-use encryption for group files or folders. As a transparent and persistent solution, the contents remain encrypted regardless if copied or moved to another drive, network or device.
"As information loss and data breach become an alarmingly frequent occurrence, it's reassuring to know that security-conscious organizations like PXInfosec are enabling customers to protect their sensitive assets or intellectual property," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "As a key component of a layered security approach, this network folder encryption solution provides organizations with one-of-a-kind capabilities that not only secure information, but increase productivity and efficiency in a cost-effective manner."
A component of Entrust's Information Protection platform, Entrust Entelligence Group Share is an efficient, manageable security solution that allows workgroups to collaborate and share sensitive information securely across corporate networks. This additional layer of security also helps address various privacy standards such as the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
The Entrust Entelligence product portfolio is an integrated suite of security solutions that deliver a single security layer across multiple enterprise applications enabling strong authentication, authorization, digital signatures and encryption. Entrust Entelligence helps empower employees to work efficiently, communicate effectively, improve corporate and regulatory compliance and use products and services online.
Founded in 1999 by a group of information security professionals, PXInfosec Technology Co., Ltd is committed to providing professional-grade information security services by helping enterprises protect their operational security and critical information assets. Headquartered in Shanghai, China, PXInfosec's customer base spans across a variety of verticals, including financial, telecommunication, utility/electric, transportation and biological. The organization has become one of the most influential information security service providers in China.
About Entrust
Entrust (Nasdaq: ENTU) secures digital identities and information for consumers, enterprises and governments in 1,700 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail entrust@entrust.com or visit http://www.entrust.com.
Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.
This press release contains forward-looking statements relating to the alliance between Entrust and PXInfosec and the expected benefits of such new release, and such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are delays or failure to complete PXInfosec integration of Entrust Entelligence Group Share, governmental regulations, general economic conditions and the risk factors detailed from time to time in Entrust's periodic reports and registration statements filed with the Securities and Exchange Commission, including without limitation Entrust's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. Entrust cautions investors that it might not update any or all of the foregoing forward-looking statements.
SOURCE Entrust

Authentidate Holding Corp. to Report Second Quarter 2008 Results on Thursday, February 7, 2008 PR Newswire "US Press Releases "

2008-01-31T05:22:00.000-08:00

Authentidate Holding Corp. to Report Second Quarter 2008 Results on Thursday, February 7, 2008PR Newswire "US Press Releases "
BERKELEY HEIGHTS, N.J., Jan. 31 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure workflow management software and web-based services, today announced that it plans to report financial results for the second quarter ended December 31, 2007 on Thursday, February 7, 2008 after the close of market trading.
Management will host a conference call at 4:30 p.m. ET on Thursday, February 7, 2008, to discuss the latest corporate developments and results. The dial-in number for callers in the U.S. is (888) 889-5602 and the dial in number for international callers is (973) 582-2737. The access code for all callers is 32008974. To access the live webcast, visit www.authentidate.com, click the "About Us" link, followed by "Investor Relations" on the drop-down menu and then the "Audio Archives" link. Following the conclusion of the call, the webcast will also be archived on the Company's website.
A replay of the call will be available through February 14, 2008. To access the replay, please dial (800) 642-1687 in the U.S. and (706) 645-9291 internationally, and then enter the access code 32008974. A live web cast will be available on the Company's website.
About Authentidate Holding Corp.
Authentidate Holding Corp. is a worldwide provider of secure workflow management software and web-based services. The company's automated and trusted workflow solutions enable enterprises and office professionals to employ rules-based electronic forms, intelligent routing and transaction management, electronic signing, content authentication, identity credentialing and verification and web and fax based communication capabilities. Customer benefits from the company's offerings include reduced costs, improved productivity and service levels, automated audit trails, enhanced compliance with regulatory requirements and the reduction of paper-based processes. The company has offices in the United States and Germany. In the United States we offer our patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM).
For more information, visit the company's website at http://www.authentidate.com.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, related decisions by the USPS, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
A copy of this press release, and of past press releases, is available on the KCSA Worldwide Website at www.kcsa.com. Investor Contacts:
Todd Fromer / Garth Russell
KCSA Worldwide
212-896-1215 / 212-896-1250
tfromer@kcsa.com / grussell@kcsa.com
Media Contacts:
Erika Kay
KCSA Worldwide
212-896-1208
ekay@kcsa.com
SOURCE Authentidate Holding Corp.

Hoku Scientific-HOKU and Sanyo extend Polysilicon agreement Fly On The Wall "All News "

2008-01-31T05:21:00.003-08:00

Hoku Scientific-HOKU and Sanyo extend Polysilicon agreementFly On The Wall "All News "
Hoku Materials, established to manufacture and sell polysilicon for the solar market, today announced that it has amended its polysilicon supply contract with SANYO to increase the term of the contract from seven to ten years. Total amounts that may be payable to Hoku Materials under the contract have increased from up to approximately $371 million for the seven year contract, to up to approximately $530 million for the amended ten year contract. Hoku Materials and SANYO also agreed to extend to May 31, 2008 the date on which either party may terminate the supply agreement if Hoku Materials is unable to complete the financing for its polysilicon production plant.

Hoku Scientific-HOKU and Sanyo extend Polysilicon agreement Fly On The Wall "All News "

2008-01-31T05:21:00.001-08:00

Cyanotech Provides Marketing Update Business Wire "US Press Releases "

2008-01-31T05:20:00.000-08:00

Cyanotech Provides Marketing UpdateBusiness Wire "US Press Releases "
KAILUA-KONA, Hawaii--(BUSINESS WIRE)--
Cyanotech Corporation (Nasdaq:CYAN), a world leader in producing high-value nutrition and health products from microalgae, announced new developments related to marketing of its industry-leading, natural astaxanthin product, BioAstin(R).
"These developments indicate some of the breadth and scope of our new marketing orientation at Cyanotech," said Dr. Gerald R. Cysewski, president and CEO. "Some are new initiatives while others have been in process for some time. We are continuing to seek new markets worldwide for our products."
A new direct sales company called OceanGrown(TM) International (www.ogilife.com), dedicated to sustainability and preservation of the environment, will soon be selling several natural products with BioAstin as a key component. OceanGrown's executives built their careers with other multi-million-dollar food supplement companies and are looking to apply their experience to redefine the MLM (multi-level marketing) channel with a focus on retail sales. According to OceanGrown, its initial product line, OAVE (oh-ave) is a skincare line designed to protect, nourish and build the skin. It chose BioAstin because of Cyanotech's commitment to manufacturing natural and pure astaxanthin in a clean and pristine environment. Each product in the OAVE line unites BioAstin with Irish Seaweed and Icelandic Moss. Its internal BioAstin-based supplement has a unique blend of BioAstin with Antarctic Krill Oil. OceanGrown seeks to provide a dual approach to skincare -- internal and external -- to harness the unique benefits of BioAstin. Additional BioAstin-based products are in the pipeline.
Cyanotech has also formed an important relationship with Valensa International (www.valensa.com), the world leader in supercritical CO2 extraction. Valensa's state-of-the-art facility is capable of extracting large volumes of Haematococcus microalgae under very high pressure without the use of solvents to produce a very high quality Astaxanthin oleoresin. A contract has been signed between Valensa and Cyanotech to guarantee Valensa supply of Cyanotech's Haematococcus to produce Valensa's trademarked Astaxanthin product, "Zanthin(R)." On its part, Cyanotech is availing itself of Valensa's outstanding extraction capabilities to produce its "BioAstin(R)" raw material. Both companies view this relationship as a significant step toward bringing the benefits of Astaxanthin to a growing consumer base, and in ensuring the very highest quality product.
Since the approval by the European Union of BioAstin as a novel food early in 2007, Cyanotech has developed a network of distributors and/or brokers in six key markets in Europe. This network has significant experience and industry contacts, and will offer strong customer service and technical support in the local languages throughout Europe.
On the Pacific Rim, BioAstin has become the first natural astaxanthin product to attain registration with the Korean FDA. Cyanotech has appointed two distributors there to handle the anticipated demand. Natural astaxanthin use is growing steadily in the Pacific Rim market.
In China, Cyanotech has received notice that BioAstin is the first astaxanthin product approved for human consumption and registered in China by the Ministry of Health, where BioAstin will be marketed through a single, dedicated agent.
Cyanotech Corporation, a world leader in microalgae technology, produces BioAstin(R) Natural Astaxanthin and Hawaiian Spirulina Pacifica(R)--all natural, functional nutrients that enhance human health and nutrition. Cyanotech's spirulina, FDA reviewed and accepted as Generally Recognized as Safe (GRAS) for use as a food ingredient, augments energy and immune response. BioAstin's benefits derive from its superior antioxidant activity and from its ability to support and maintain natural inflammatory response, enhancing skin, muscle and joint health. NatuRose(R) Natural Astaxanthin is a natural pigment source that also promotes animal health and nutrition, primarily in aquaculture. Phycobiliproteins are fluorescent pigments produced by Cyanotech and used in medical diagnostic testing and research. Cyanotech produces all these products from microalgae grown at its 90-acre facility in Hawaii using patented and proprietary technology and distributes them to nutritional supplement, nutraceutical, cosmeceutical, and animal feed makers and marketers in more than 40 countries worldwide. Cyanotech was the first microalgae company in the world to obtain ISO 9001:2000. Visit www.cyanotech.com for more information.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, general economic conditions, forecasts of sales in future periods, changes in sales levels to our largest customers, weather patterns, production problems caused by contamination, risks associated with the acceptance of new products, competition, foreign exchange fluctuations, government regulation, and other factors more fully detailed in the Company's recent Form 10-Q and annual form 10-K filings with the Securities and Exchange Commission.
Source: Cyanotech Corporation

Eternal Image Upgraded to Highest Status on Pink Sheets Disclosure Categories Business Wire "US Press Releases "

2008-01-17T10:58:00.007-08:00

Eternal Image Upgraded to Highest Status on Pink Sheets Disclosure CategoriesBusiness Wire "US Press Releases "
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced it has moved to the highest status under the Pink Sheets disclosure categories. Prior to this upgrade, Eternal Image was recognized with a Yield sign, suggesting the company reported limited information to investors. Under the new category of "Current Information," the company is able and willing to provide all adequate public information in a timely manner.
"This new Pink Sheet symbol represents the transparent nature of our company," said Jim Parliament, CFO, Eternal Image. "Being trustworthy and open to our stakeholders is a top priority. We want our investors to put their utmost confidence in their shareholdings."
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball, STAR TREK, Precious Moments, and the Vatican Library Collection, as well as pet urns featuring the American Kennel Club, and Cat Fanciers'(TM) Association. For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as may, will, should, could, expects, plans, intends, anticipates, believes, estimates, predicts, forecasts, potential or continue or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.

Power-One 2007 Fourth Quarter Conference Call Business Wire "US Press Releases "

2008-01-17T10:58:00.005-08:00

Power-One 2007 Fourth Quarter Conference CallBusiness Wire "US Press Releases "
CAMARILLO, Calif.--(BUSINESS WIRE)--
In conjunction with Power-One, Inc.'s (NASDAQ: PWER) 2007 fourth quarter financial results announcement, members of the public are invited to listen to the company's live quarterly conference call on the Internet on Thursday, January 31, 2008, at 2:00 p.m. PT / 5:00 p.m. ET. The purpose of the conference call is to discuss the company's 2007 fourth quarter financial results and outlook for the first quarter of 2008. The conference call will feature Bill Yeates, Chief Executive Officer; Jeff Kyle, Chief Financial Officer; and Dave Hage, Corporate Executive Vice President.
Financial results will be released over the newswires after the market closes on Thursday, January 31, 2008. The press release will also be posted on Power-One's corporate Web site: www.power-one.com. Investors who would like to listen to the live conference call may go to the investor relations section at www.power-one.com. An online re-broadcast will be available through February 6. Summary
What: Power-One's 2007 fourth quarter conference call. Management
will discuss 2007 fourth quarter financial results and outlook
for the first quarter of 2008.
Date: Thursday, January 31, 2008.
Time: Conference Call on the Web - 2:00 p.m. PT / 5:00 p.m. ET
How: Live over the Internet. Simply go to the investor relations
section at www.power-one.com.
About Power-One
Power-One is a leading designer and manufacturer of power conversion products sold primarily to OEM customers in the telecommunications and server/storage markets; as well as data communications equipment manufacturers. Power-One's high-reliability products are also used in applications such as test equipment, high-end industrial applications, and alternative energy. Power-One, with headquarters in Camarillo, CA, has approximately 4,000 employees with manufacturing and/or R&D operations in the United States, Dominican Republic, Italy, Hungary, Switzerland, Slovakia, Ireland and China. For information on Power-One and its products, visit the company's Web site at www.power-one.com.
Source: Power-One, Inc.

New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.] Knight Ridder/Tribune "Business News "

2008-01-17T10:58:00.003-08:00

New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.]Knight Ridder/Tribune "Business News "
Jan. 17--EDGERTON -- Health and safety will be the priorities for the Edgerton Fire Protection District's new chief.
Brian Demrow, who was elected chief by the district's volunteers Sunday, said the department has ordered physicals for all the volunteers for the first time and is in the middle of collecting the data.
The department started emphasizing fitness last year through a challenge at Sara's Health & Fitness in Edgerton. Several firefighters participated in the challenge and lost weight by regularly going to the gym, the department said.
"Being that heart attacks are the No. 1 reason for firefighter deaths, maybe that's something we can prevent," Demrow said.
Demrow enters the chief position with 12 years of experience with the department. Most recently, he served in the No. 2 spot of deputy chief.
Demrow and the assistant chief, Ryan Beckwith, have led the department since former Chief John Gietzel announced his retirement in early December.
Beckwith was elected deputy chief in Sunday's vote. Both Demrow and Beckwith ran unopposed.
The chief is responsible for overseeing all aspects of the department, either directly or by delegating, said Adam Walton, public information officer. Along with the deputy and assistant chiefs, the chief puts together a recommended budget for the fire district commission each fall.
"All three of the chiefs gather input--what would you guys like to see down here, what do you guys need--and then the three of them sit down and brainstorm," Walton said.
The deputy chief is in charge of fire inspections, while the assistant chief handles training with the training officer.
Randall Lochner, a former captain with 19 years of service with the department, was elected assistant chief Sunday.
Demrow said the chiefs will make sure the volunteers work smoothly with the district's two full-time employees. The employees were reinstated in December after a five-year court battle over their firings.
"We're working with them, and everybody's doing a good job with that," Demrow said.
Other officers elected Sunday include:
-- Training officer: Ken Kirby, 7 years of service, former captain
-- Captains: Carl Marino, 7 years of service, former lieutenant; Adam Walton, 5 years of service, former lieutenant; Justin Bowen, 9 years of service; former lieutenant
-- Lieutenants: Brandon Whitmore, 3 years of service; Craig Fryda, 10 years of service, former training officer; Mike Collins, 18 years of service
-- Safety officer: Chris Lund, 15 years of service, former captain
To see more of The Janesville Gazette, or to subscribe to the newspaper, go to http://www.gazetteextra.com.
Copyright (c) 2008, The Janesville Gazette, Wis.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

New Edgerton fire chief will focus on health [The Janesville Gazette, Wis.] Knight Ridder/Tribune "Business News "

2008-01-17T10:58:00.001-08:00

NanoSensors, Inc. Closes Acquisition of Cuchulainn Holdings in Connection With Redirection of Operations PR Newswire "US Press Releases "

2008-01-17T10:55:00.003-08:00

NanoSensors, Inc. Closes Acquisition of Cuchulainn Holdings in Connection With Redirection of OperationsPR Newswire "US Press Releases "
REDWOOD CITY, Calif., Jan. 17 /PRNewswire-FirstCall/ -- NanoSensors, Inc. ("NanoSensors") (OTC Bulletin Board: NNSR) announced today that it has closed its acquisition of Cuchulainn Holdings, Inc., a Panamanian company (Cuchulainn). On November 28, 2007, NanoSensors announced that it had entered into a definitive merger agreement with Cuchulainn. This agreement was subject to usual and customary conditions which have now been satisfied or waived.
Cuchulainn has been licensed technology and other intellectual property in order for it to operate an online-based video console game wagering service (the "Service"). The Service enables gamers to compete against other gamers and place wagers on the outcomes of their games. The outcome of the game play will be determined entirely upon the skill of the individual participant. The Service will cater to an international community of gamers that play video games and place wagers online. In November 2007 Cuchulainn raised $620,000 (U.S.) in a private placement to fund initial development and structuring costs. Prior to commencing operation of the Service and making it available for public participation, NanoSensors and Cuchulainn will need to raise additional capital to fund its operation and marketing campaign.
At the time of closing, pursuant to the merger agreement, Cuchulainn merged with and into a wholly-owned subsidiary of NanoSensors and became the wholly-owned subsidiary of NanoSensors. In the merger, each outstanding share of Cuchulainn will be exchanged for .000565 share of a new class of NanoSensors Series A Convertible Preferred Stock which will vote on an "as converted" basis together with issued and outstanding shares of NanoSensors Common Stock. Each Series A Preferred Share for voting purposes is equal to, and upon conversion will be converted into, 199,604.068 shares of NanoSensors Common Stock. Cuchulainn had issued and outstanding 17,700,000 shares of common stock. As a result of the merger, the former shareholders of Cuchulainn will own 82.55% of the voting power of NanoSensors and current shareholders of NanoSensors own the remainder. The shares of NanoSensors Preferred Stock are issued under an exemption from registration under the Securities Act of 1933 and are restricted shares. NanoSensors will use its reasonable efforts to grant registration rights to the Cuchulainn shareholders.
Two shareholders and nominees of Cuchulainn, William Levy and Tom Hendren, will join the management team of NanoSensors and also will become directors of NanoSensors. Robert A. Baron, currently chairman of the Board of Directors and Interim Chief Executive Officer of NanoSensors, will remain as a director. Josh Moser, the Company's Interim Chief Financial Officer, Vice President and Chief Operating Officer will also continue to be an executive officer of the NanoSensors.
Robert Baron, Interim Chief Executive Officer of NanoSensors, Inc., said, "We are extremely excited to finalize this transaction with Cuchulainn and are looking forward to working with the Cuchulainn team as we roll out this exciting new business. As we have stated previously, we will also be changing the name of the company from NanoSensors to one that is more associated to the chosen go-to-market brand and Service."
Forward Looking Statements
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect" and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of NanoSensors are subject to certain risks and uncertainties, which could cause actual events or the actual future results of NanoSensors to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, NanoSensors' ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in NanoSensors' reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by NanoSensors or any other person that the objectives and plans of NanoSensors will be achieved.
SOURCE NanoSensors, Inc.

Metro office boom faltered in 2007: For first time in three years, market fails to absorb new places for rent [The Baltimore Sun] Knight Ridder/Tribu

2008-01-17T10:55:00.001-08:00

Metro office boom faltered in 2007: For first time in three years, market fails to absorb new places for rent [The Baltimore Sun]Knight Ridder/Tribune "Business News "
Jan. 17--The streak has ended.
For the first time in three years, the construction of office buildings in metropolitan Baltimore far outpaced the amount of space tenants signed up to lease.
Just 43 percent of 1.8 million square feet of new office space completed in the Baltimore region last year was leased, according to a study by Colliers Pinkard, a commercial brokerage.
The study shows an end to an unprecedented run in which the office market had been both building and absorbing more than 2 million square feet of space per year.
The square footage that found tenants -- 781,000 -- in 2007 was 67 percent lower than in 2006. At the same time, the market is bracing for even more new space, with 2.6 million square feet currently under development, according to Colliers Pinkard's year-end market report.
Commercial real estate experts blamed economic jitters as well as a reversal of fortunes for tenants in sectors such as residential mortgages, who are abandoning or reducing office space.
The commercial market is facing fallout from tighter credit markets in the aftermath of the subprime mortgage crisis, which could narrow the pool of investors in commercial properties as well as make it more difficult to obtain financing.
"We've had very, very strong cycles, and now are hitting that patch where growth is less sustainable, and that's what happened this past year," said Jeff Samet, a senior vice president with Colliers Pinkard.
The slowdown has hit hardest two of the region's hottest commercial hubs: around Baltimore-Washington International Thurgood Marshall Airport and in greater Annapolis, Colliers said.
In the BWI market, just 29 percent of the 580,000 square feet of new space was leased, the lowest level in five years, driving the total vacancy rate to 13.6 percent, up from 9.9 percent. Construction outpaced absorption as well in the Annapolis market, with the vacancy rate rising 5 percentage points to 7.8 percent.
Samet said developers had planned the new projects based on past and expected growth, especially as demand surged in the post-9/11 increase in government spending for defense and security.
But some tenants, including government contractors, had to make business and leasing adjustments. Some of the larger government contractors, including Computer Sciences Corp., Booz Allen Hamilton Inc. and Titan Corp., put some of their office space on the market to be subleased, Colliers said.
Overall, office vacancies in the metropolitan area rose to 15.2 percent, from 14.2 percent. In addition to the airport and Annapolis, vacancy rates rose in downtown Baltimore, Howard County and the western Baltimore County, Colliers said.
Only suburban northern Baltimore County saw its vacancy rate shrink, from 15.4 percent to 13.5 percent, according to Colliers.
In an uncertain economy, tenants have become much more cautious and slow to make decisions on whether to renew leases or expand them, landlords and brokers said.
"A lot of people we see looking at space and kicking tires, feel they need to be very, very cautious," said Gerard J. Wit, a vice president with St. John Properties, of Baltimore, a commercial developer and landlord in Maryland and five other states. "We especially see that on retail and it's the same mentality for the office people."
Brokers and landlords are seeing fewer leasing prospects, said J. William Miller, a principal and senior vice president of the Baltimore commercial real estate services firm NAI KLNB.
"There's a shorter supply of people looking, and when prospects do surface, the deals are slow," Miller said.
Rental rates are for the most part holding steady, though some landlords are offering incentives to brokers, such as bonuses, to bring them tenants, Miller and others said.
St. John has become more cautious in taking on new projects, Wit said. The company which develops, owns and manages commercial properties and has 15 in various stages of development, typically "on spec," or not for specific tenants, is continuing to buy and prepare land but is weighing carefully when to start building, he said.
Developers who conceived their projects at the height of demand are now seeing the effects of a slower market.
"You start designing and building when you think the market is good, and you then bring those projects to the market, and sometimes it's better than expected, sometimes it's just as expected and sometimes worse," said Steve Shaw, co-director of leasing at Merritt Properties. "Why didn't it all get absorbed? There wasn't enough demand. But that does not mean there will be no demand in the future."
Despite the slowdown, Merritt has not seen much of a change in its overall occupancy rate of about 95 percent and is continuing to build speculative office and bulk warehouse projects, Shaw said.
Over the summer, Merritt completed a 68,000-square-foot, two-story office building at Meadowridge 95, a 25-acre office park along I-95 in Elkridge. The structure -- which just got its first tenant, a medical information management company -- was Merritt's second building in the park, where four are planned.
The company has had some preliminary talks with prospective tenants for the future buildings but usually holds off on new construction until an existing building is at least 50 percent leased, said Beth Fenwick, a marketing official for Merritt.
Developers likely will continue targeting areas where they expect increased demand from the federal base realignment and closure process, known as BRAC -- mostly Anne Arundel and Howard counties, according to a KLNB year-end report on the Baltimore-Washington corridor. More than 500,000 square feet of new office space will be completed this year alone in Anne Arundel, KLNB said.
But increasing land prices will keep overbuilding in check, KLNB said.
Howard County fared best in absorbing office space, the Colliers report showed. The county absorbed 317,000 square feet, an amount experts said would have been higher if not for the collapse of residential mortgage tenants such as Fieldstone Investment Corp. and American Home Mortgage Investment Corp., which left Columbia's vacancy rate the highest in the region at 21.6 percent.
The county is benefiting from new job growth. Some 520,000 square feet of new space was completed and 500,000 square feet of space absorbed in the US Route 1 corridor alone, KLNB said.
lorraine.mirabella@baltsun.com
To see more of The Baltimore Sun, or to subscribe to the newspaper, go to http://www.baltimoresun.com.
Copyright (c) 2008, The Baltimore Sun
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

AFA Music Group Signs Singer/Songwriter, Alex Boyd, to Roster of Artists Market Wire "US Press Releases "

2008-01-17T10:54:00.005-08:00

AFA Music Group Signs Singer/Songwriter, Alex Boyd, to Roster of ArtistsMarket Wire "US Press Releases "
WHITE PLAINS, NY -- (MARKET WIRE) -- 01/17/08 -- AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce the signing of Alex Boyd to the Company's roster of artists. Mr. Boyd is currently working on a new album project that is being produced by AFA Music Group's Tommy Henriksen. Alex Boyd's songs will be available for the initial launch of the AFA digital music label early this year.
At age 23, Alex Boyd already has a rich history in the entertainment business, and gained attention as one of the finalists on the reality competition show, "Fame." He was educated at the Duke Ellington School of the Arts in Washington D.C. and the renowned Interlochen Arts Academy in Interlochen, Michigan, studying opera and classical voice. He has been an actor and dancer on stage since he was a child.
"Alex is extremely talented and he's only scratched the surface of his abilities. He's got an incredible singing voice and is marketable as an all-around entertainer. His sound is evolving with more and more time in the studio with Tommy Henriksen, and we're very anxious to hear the reaction to his first releases," stated Jon Goldwater, CEO of AFA Music Group, Ltd.
AFA Music Group is currently focusing on two of Alex Boyd's original songs for release as singles and videos. Since he began work on his album project with AFA and Tommy Henriksen, song plays on Alex Boyd's MySpace page have increased from an average of 10 per day to as many as 15,000. For more information, and to hear samples of Alex Boyd's songs, please visit: http://myspace.com/alexboydmusic.
About AFA Music Group, Ltd.:
AFA Music Group plans on simultaneously acquiring various music-publishing assets and to begin developing its own catalogue of artists and albums. AFA retains equity positions with all of its artists, which include all income streams that are generated by these artists. These income streams include recording royalties, merchandise, sponsorship, touring, music publishing, Internet downloads and ringtones.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
To automatically receive instant updates, press releases, and other information on this and other Big Apple Consulting USA companies, please visit www.bigappleconsulting.com/compro.php and download your FREE copy of Big Apple ComPro. Contact:
Investor Relations
1-866-THE-APPL(E)
www.afamusicltd.com

Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengers Business Wire "US P

2008-01-17T10:54:00.003-08:00

Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengersBusiness Wire "US Press Releases "
PARIS--(BUSINESS WIRE)--
Regulatory News: Aeroports de Paris (Pink Sheets:AEOPF) (Paris:ADP):
Passenger traffic figures
In December 2007, Aeroports de Paris handled 6.7 million passengers, an increase of 3.7% on December 2006. Paris-Charles de Gaulle airport recorded a gain of 5.4% to 4.6 million passengers and Paris-Orly airport was up by 0.2% to 2.1 million passengers.
For the full year 2007, Aeroports de Paris handled, once more, a record number of 86.4 million passengers. As in 2006, passenger traffic remained robust with a 4.7% growth over twelve months. It represents a 5.4% increase for Paris-Charles de Gaulle airport to nearly 60 million passengers and a 3.2% increase for Paris-Orly airport to 26.4 million passengers. The different labour disputes in the air transport sector impacted the 2007 traffic growth by an estimated 25 basis point (two thirds of which being linked to the events of October and one third to those of December).
These results place Aeroports de Paris for the 4th consecutive year ahead of the three main European airports in terms of growth.
December traffic figures are attributable to the increase in traffic on European and international routes.
Domestic traffic fell by 7% due notably to labour disputes in the air transport sector and Eastern high speed train (TGV Est). European traffic grew by 4.7% thanks to Schengen traffic (6.8%). Traffic increased by 1.6% on routes to and from the twelve(1) new European Union members. The British and Irish markets decreased slightly by 0.6%.
Traffic on the other international routes was up 9.2 %. The North and Latin American markets rose by 7.5%. The African market recorded a strong increase of 11.7%. An 8.9% increase was recorded on routes to and from Asia and the Middle East.
Commercial Passenger traffic Passenger December January to December % change*
traffic 2007 % change* 2007
figures
------------ ------------ ---------- ------------------- ------------
Paris-CDG 4, 645, 433 5.4% 59, 922, 177 5.4%
------------ ------------ ---------- ------------------- ------------
Paris-Orly 2, 067, 058 0.2% 26, 440, 736 3.2%
------------ ------------ ---------- ------------------- ------------
Total 6, 712, 491 3.7% 86, 362, 913 4.7%
------------ ------------ ---------- ------------------- ------------
* year on year
Traffic by geographic area Markets Markets rate Monthly change
Dec 2007 / Dec 2006
---------------------------- ------------------- ---------------------
Europe
---------------------------- ------------------- ---------------------
Domestic 19.8 % - 7 %
---------------------------- ------------------- ---------------------
French Overseas Territories
and Departments 4.3 % 5.6 %
---------------------------- ------------------- ---------------------
Europe 39.6 % 4.7 %
Of which Schengen 26 % 6.8 %
---------------------------- ------------------- ---------------------
Other international
---------------------------- ------------------- ---------------------
Africa 11.6 % 11.7 %
---------------------------- ------------------- ---------------------
North America,
Latin America & Caribbeans 13.3 % 7.5%
---------------------------- ------------------- ---------------------
Asia/Pacific & Middle East 11.4 % 8.9 %
---------------------------- ------------------- ---------------------
TOTAL 100 % 3.7 %
---------------------------- ------------------- ---------------------
Note: All our traffic figures are based on commercial passenger traffic (including passengers in direct transit)
Aircraft movements
The number of aircraft movements increased slightly by 0.9% in December year on year (2.1% at Paris-Charles de Gaulle and -1.9% at Paris-Orly). The passenger load factor was stable at 71.32%.
Commercial aircraft movements December % change* January to % change*
2007 December 2007
------------- ------------ --------- -------------- -----------
Paris-CDG 43, 954 2.1% 543, 810 2%
------------- ------------ --------- -------------- -----------
Paris-Orly 18, 222 -1.9% 232, 991 1.6%
------------- ------------ --------- -------------- -----------
Total 62,176 0.9% 776, 801 1.9%
------------- ------------ --------- -------------- -----------
* year on year
(1) Romania and Bulgaria joined the European Union on January 1st , 2007 www.aeroportsdeparis.fr
Aeroports de Paris builds, develops and manages airports including Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aeroports de Paris is the 2nd European airport group in terms of airport turnover and the 1st European airport group in terms of cargo and mail. Aeroports de Paris accommodates nearly 460 airlines, mainly the major actors of air transport.
Benefiting from an exceptional geographical location and a major trading area, the group's strategy is to modernize its terminal facilities and to upgrade its quality of service. It also intends to develop its retail and real estate business. In 2006, Aeroports de Paris Group had a turnover of 2,076.8 million euros, and a net result of 152.1 million euros. Aeroports de Paris handled 82.5 million passengers in 2006.
Source: Aeroports de Paris

Aeroports de Paris: December 2007 traffic figures: + 3.7% 2007 traffic, a record number of passengers: 86.4 million passengers Business Wire "US P

2008-01-17T10:54:00.001-08:00

Active Power Protects U.S. Military Installation from Electrical Disturbances Business Wire "US Press Releases "

2008-01-17T10:53:00.004-08:00

Active Power Protects U.S. Military Installation from Electrical DisturbancesBusiness Wire "US Press Releases "
AUSTIN, Texas--(BUSINESS WIRE)--
Active Power, Inc. (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced the deployment of a 600 kVA CleanSource(R) UPS (uninterruptible power supply) system at a U.S. military facility. The flywheel based UPS system protects the facility from power sags, fluctuations and outages, ensuring continuous uptime 24 hours a day, seven days a week.
"This facility serves as a critical communications hub for the U.S. military and we're excited to have our system deployed onsite, protecting mission critical communications and telecom equipment," said Gary Rackow, vice president, Americas for Active Power. "Active Power's flywheel technology was an ideal fit for the facility not only for its industry leading energy efficiency rating, but because of its small footprint. It consumes less than half of the space of a legacy battery based system. Our General Services Administration (GSA) contract also made the acquisition of the technology that much easier for the end user."
At up to 98 percent energy efficient, Active Power's flywheel UPS technology has saved customers more than $40 million in energy costs since 1992. In addition, the flywheel is mechanical in nature as compared to a double conversion battery based UPS system which contains lead acid batteries, making it a chemical composition. As a result, the reliability and predictability of the flywheel is much easier to monitor. In fact, the flywheel produces more than 6,000 data points each second of operation, providing the operator a wealth of information including predictive failure analysis, real time relational monitoring and data capture that promotes rapid root cause analysis.
About Active Power (GSA #07F-0061N)
Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power's flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com.
Cautionary Note Regarding Forward-Looking Statements
This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.
Active Power, the Active Power logo, CleanSource and CoolAir are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.
Source: Active Power, Inc.

Alfacell Appoints David Sidransky Chairman of the Board of Directors PR Newswire "US Press Releases "

2008-01-17T10:53:00.003-08:00

Alfacell Appoints David Sidransky Chairman of the Board of DirectorsPR Newswire "US Press Releases "
SOMERSET, N.J., Jan. 17 /PRNewswire-FirstCall/ -- Alfacell Corporation (Nasdaq: ACEL) today announced that its board of directors has appointed David Sidransky, M.D., chairman. Dr. Sidransky, 47, has served as Alfacell's vice chairman since January 2007 and as a director since May 2004. He succeeds Kuslima Shogen, Alfacell's chairman since 1996. Ms. Shogen continues to serve as Alfacell's chief executive officer and a director.
Separating the roles of chairman and chief executive officer is considered a best practice of corporate governance and will allow the company to focus on the completion of its rolling new drug application for ONCONASE(R) and pursue new business relationships and opportunities. The change in responsibilities is consistent with the recent and ongoing efforts of the board of directors to develop a succession plan that allows for a smooth leadership transition upon the potential marketing approval of ONCONASE.
"Dr. Sidransky is an asset to our company and our board," said Ms. Shogen. "David and I have worked closely together over the past four years, and his appointment to the chairman's post is a positive step forward as we progress toward our goal of completing Alfacell's transformation into a successful commercial-stage biotechnology company."
About David Sidransky, M.D.
Dr. Sidransky joined the Alfacell board of directors in May 2004 and serves as Chairman of Alfacell's scientific advisory board. The founder of several private biotechnology companies, he has served as a scientific advisory board member for many private and public biotechnology companies, including MedImmune, Telik, Roche and Amgen. In addition, he is a director of ImClone Systems, Champions Biotechnology Inc. and Xenomics Inc. Previously, he was a member of the board of scientific counselors at the NIDCR and a member of the Recombinant DNA advisory committee at the National Institute of Health NIH (RAC).
Currently, Dr. Sidransky is the director of the Head and Neck Cancer Research Division at Johns Hopkins University School of Medicine. In addition, he is a professor of Oncology, Otolaryngology-Head and Neck Surgery, Cellular & Molecular Medicine, Urology, Genetics and Pathology at John Hopkins University and Hospital. Dr. Sidransky is certified in Internal Medicine and Medical Oncology by the American Board of Medicine.
More than 350 articles written by Dr. Sidransky have been published in peer-reviewed journals. Furthermore, he has contributed more than 60 cancer reviews and chapters to industry publications and has secured numerous biotechnology patents. He has been the recipient of many awards and honors, including the 1997 Sarstedt International prize from the German Society of Clinical Chemistry, 1998 Alton Ochsner Award Relating Smoking and Health by the American College of Chest Physicians and the 2004 Hinda Rosenthal Award presented by the American Association of Cancer Research. Dr. Sidransky received his bachelor's degree from Brandeis University and his medical degree from the Baylor College of Medicine.
About ONCONASE(R)
ONCONASE is a first-in-class therapeutic product candidate based on Alfacell's proprietary ribonuclease (RNase) technology. A natural protein isolated from the leopard frog, ONCONASE has been shown in the laboratory and clinic to target cancer cells while sparing normal cells. ONCONASE triggers apoptosis, the natural death of cells, via multiple molecular mechanisms of action.
About Alfacell Corporation
Alfacell Corporation is the first company to advance a biopharmaceutical product candidate that works in a manner similar to RNA interference (RNAi) through late-stage clinical trials. The product candidate, ONCONASE, is an RNase that overcomes the challenges of targeting RNA for therapeutic purposes while enabling the development of a new class of targeted therapies for cancer and other life-threatening diseases. In addition to an ongoing Phase IIIb study in malignant mesothelioma, Alfacell is conducting a Phase I/II trial of ONCONASE in non-small cell lung cancer (NSCLC) and other solid tumors. For more information, visit www.alfacell.com.
Safe Harbor
This press release includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, uncertainties involved in the outcome of the company's ongoing Phase IIIb clinical trial for its lead product, the company's ability to secure necessary approvals from regulatory agencies, uncertainties involving the ability of the company to finance research and development activities and its ongoing operations, potential challenges to or violations of patents, dependence upon third-party vendors, and other risks discussed in the company's periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the company undertakes no obligation to update these statements for revisions or changes after the date of this release. Media and Investor Contact:
David Schull or Wendy Lau
Russo Partners
212-845-4271
David.Schull@russopartnersllc.com
Wendy.Lau@russopartnersllc.com
SOURCE Alfacell Corporation

RedChip Virtual Investor Forum to Feature 11 Small-Cap Companies PrimeNewswire "PrimeNewswire "

2008-01-17T10:53:00.001-08:00

RedChip Virtual Investor Forum to Feature 11 Small-Cap CompaniesPrimeNewswire "PrimeNewswire "
ORLANDO, Fla., Jan. 17, 2008 (PRIME NEWSWIRE) -- RedChip Companies, Inc., today announced that company executives from 11 emerging small-cap companies will offer inside views on their industries and businesses during a virtual investor forum Jan. 17, 2008, starting at 8:45 a.m. EST.
The webcast presentations will feature the following companies: UpSNAP, Inc. (OTCBB:UPSN); Carbon Sciences, Inc. (OTCBB:CABN); BioSolar, Inc. (OTCBB:BSRC); ZYTO Corp. (Pink Sheets:ZYTC); Vertical Branding, Inc. (OTCBB:VBDG); Alternative Construction Technologies, Inc. (OTCBB:ACCY); Duska Therapeutics, Inc. (OTCBB:DSKA); Gulf Western Petroleum Corp. (OTCBB:GWPC); Colorado Goldfields, Inc. (OTCBB:CGFI); Hanover Gold Company, Inc. (OTCBB:HVGO); and Worldwide Manufacturing USA, Inc. (OTCBB:WWMU).
The virtual investor forums are offered monthly and feature emerging growth companies from a variety of industries, such as Oil & Gas, Alternative Energy, Biotechnology, Manufacturing, and Industrial Mining, and more.
To view the forum presentations at their scheduled times, visit http://origin.vcall.com/customevent/conferences/redchip/20080117/index.htm.
Or call 1-800-733-2447, Ext. 107, for more information.
About RedChip Companies, Inc.
RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, RedChip Radio(tm) and RedChip TV(tm).
The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.
"Discovering Tomorrow's Blue Chips Today."(tm) CONTACT: RedChip Companies, Inc.
Jon Cunningham
1-800-RedChip (733-2447), Ext. 107
info@redchip.com
www.redchip.com

AAA Energy Inc. Drops Interest in Salal Creek Molybdenum Prospect in British Columbia in Favor of China Prospects Market Wire "US Press Releases "

2008-01-17T10:50:00.000-08:00

AAA Energy Inc. Drops Interest in Salal Creek Molybdenum Prospect in British Columbia in Favor of China ProspectsMarket Wire "US Press Releases "
RENO, NV -- (MARKET WIRE) -- 01/17/08 -- AAA Energy Inc. (OTCBB: AAAE) (FRANKFURT: AAV) (WKN: A0MUFJ) announces that it will drop further interest in its Salal Creek/Float Creek moly prospect (see news release dated September 18, 2007). Although the Company remains committed to molybdenum as a commodity, the Salal Creek Prospect was found not to fit into the Company's future plans. Instead, the Company will concentrate on China molybdenum prospects whose initial evaluations were positive in a recent trip to China by its President Dr. Earl Abbott (see news release dated December 12, 2007). Prospects evaluated by Dr. Abbott will be discussed in forthcoming news releases.
Recent due diligence by the Company on the Salal Creek Prospect disclosed that the property's location, some 70 kilometers north of Pemberton, B.C., is difficult and remote with alpine conditions and extremely steep terrain containing snowfields and glaciers. Access would require building some 9 kilometers of new road through National Forest lands adjacent to National Parks making permitting difficult, expensive, and time consuming. Although helicopter drilling is feasible and has been done before by other companies, the potential highly mineralized zone will require deep drilling and much bigger equipment requiring road building.
The molybdenum-bearing portion of the Salal Creek Prospect is part of a copper-molybdenum porphyry system and is not consistent with AAA Energy's target of a clean, molybdenum-only system like the world-class Climax-model molybdenum system that is AAA Energy's target.
Finally, with its US-based management team and logistics as well as related regulatory difficulties in managing and working on BC geological interests, it would be considered not in the best interest of the company to focus on a property considered inferior to the company's current roster of molybdenum prospects located principally in China, but with a few located in the United States.
China is the third-largest producer of molybdenum in the world, a specialty metal used for hardening steel. The white metal is valued for its anti-corrosive and strengthening properties and makes up two percent to ten percent of stainless steel. In 2004, China produced approximately 31,000 tonnes of molybdenum as compared with 30,600 tonnes in 2003. The country's identified reserves of approximately 8.55 Mt ranks second worldwide reserves. Three of the six largest producing molybdenum mines in the world are located in China: Luanchuan in the Henan Province, Daheishan in the Jilin Province (1.1 Mt); and Jinduicheng in the Shaanxi Province (970,000 t).
Further Information
Please feel free to call investor relations at 1-516-659-6677 to receive a full corporate investor's package.
About AAA Energy Inc.
AAA Energy Inc. is a publicly traded mineral and natural resource exploration company with its head office located in Reno, Nevada. AAA Energy Inc. aims to secure and develop a portfolio of high quality resource properties globally and in under-explored resource horizons. AAA Energy Inc. trades on the NASDAQ OTC BB under the ticker symbol: AAAE.
On behalf of the Board
Dr. Earl Abbott, President
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that AAA Energy Inc. can identify and successfully negotiate leases for natural and mineral resource properties in China and elsewhere, and that the Company can participate in the exploration of these resource properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission. Contacts:
AAA Energy Inc.
Investor Relations
1-516-659-6677

Altair Nanotechnologies Completes Manufacturing of Battery Packs for Two Megawatt Battery System on Schedule Business Wire "US Press Releases "

2008-01-02T06:20:00.004-08:00

Altair Nanotechnologies Completes Manufacturing of Battery Packs for Two Megawatt Battery System on ScheduleBusiness Wire "US Press Releases "
RENO, Nev.--(BUSINESS WIRE)--
Altair Nanotechnologies, Inc. (NASDAQ:ALTI), a leading manufacturer of safe, high-performance lithium-titanate battery and energy storage products announced today that it completed on schedule in December the manufacturing of battery packs to be used in a two (2) megawatt energy storage system ordered by the AES Corporation. The $1 million purchase initiated by AES was previously announced in August 2007. Altairnano expects the system to be connected to the grid and tested during the first quarter of 2008.
"This is a significant manufacturing milestone in Altairnano's battery and energy storage go-to-market strategy," said Altairnano President and CEO Alan J. Gotcher, PhD. "We believe that stationary power represents a large market opportunity for Altairnano, and are proud to be working with global power leader AES to develop these large-scale energy storage systems."
Earlier this year, AES and Altairnano announced a joint development and equipment purchase agreement related to Altairnano's battery and energy storage products. Under the terms of the agreement, the companies will jointly develop a suite of energy storage solutions specifically for AES. Altairnano is working with AES to apply these systems at strategic points within the electrical grid. The quick response time, extended life and power profile of the Altairnano batteries and energy storage products are well suited to improving performance in these areas with the potential for lower environmental impact than traditional generation solutions.
ABOUT ALTAIR NANOTECHNOLOGIES INC.
Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. A seasoned management team, with substantial experience in commercializing innovative, disruptive technologies, complements Altairnano's leading edge scientists. The company has developed nanomaterials for the alternative energy, life sciences and performance materials markets based on its proprietary manufacturing process. This process also provides the foundation for its innovative AHP pigment process. Altairnano is a leading manufacturer of advanced battery pack systems, which are used in stationary power applications, and electric and hybrid-electric vehicles. For more information visit: www.altairnano.com.
Forward-Looking Statements
This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include the risk that AES will, for reasons related to the viability of the project or other reasons, discontinue its support for the joint development project discussed in this press release; that, in future testing or real world application, the energy storage systems will not be as durable or responsive as anticipated or otherwise perform consistent with specifications; and that even if the joint development project is successful on a technical level, market demand will be limited or revenues will otherwise be insufficient to cover associated development, manufacturing and overhead costs. Additional risks are identified in the company's most recent Annual Report on Form 10-K and Form 10-Q, as filed with the SEC. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.
Source: Altair Nanotechnologies, Inc.

InferX Corporation Awarded Patent for Distributed Data Mining and Compression Method and System Market Wire "US Press Releases "

2008-01-02T06:20:00.003-08:00

InferX Corporation Awarded Patent for Distributed Data Mining and Compression Method and SystemMarket Wire "US Press Releases "
MCLEAN, VA -- (MARKET WIRE) -- 01/02/08 -- InferX Corporation (OTCBB: IFRX), a leading data analytics and security risk firm which provides the most advanced technology and screening process available to protect the U.S., announced today that the U.S. Patent and Trademark Office has approved the issuance of a patent for the company's Distributed Data Mining and Compression Method and System. It was filed on July 10, 2003 for essential components of InferX's flagship product, Distributed Data Analytics Platform (D2AP).
D2AP offers a new generation of technologies for a network-centric approach to pattern discovery from dispersed data. The key benefit of D2AP is that the entire enterprise data can be analyzed at its local points of origin, facilitating near real-time analytics to meet critical mission needs. In addition, by keeping the data where it resides, the approach addresses the ownership, privacy, and security concerns of the organization or enterprise.
"This technology will be able to provide the best protection available for this country," said Jesus Mena, InferX's Chief Strategy Officer. "With the threat of severe security breaches, this technology is pivotal in the prevention of terrorist acts and the general security of private information."
About InferX Corporation:
InferX (OTCBB: IFRX) is a market leader in next generation predictive analytics. The Company has pioneered and commercialized a powerful, proprietary suite of data analytical risk and threat assessment solutions including:
-- InferAgent, a technology that accesses, analyzes and performs
predictive analyses in real-time on multiple, distributed, disparate
databases;
-- InferText, a technology that accesses, analyzes and performs
predictive analyses on documents, reports, e-mails and other texts;
-- InferCluster, a technology that allows users to automatically identify
data clusters and outliers hidden in large amounts of data;
-- Distributed Data Analytics Platform (D2A), used to concurrently
analyze both structured and unstructured data.

InferX is uniquely capable of delivering secure, real-time privacy preserving intelligence and tactical decision-making support for commercial enterprises and government -- all without the need to move data or the creation of costly data warehouses.
For more information go to the InferX website www.inferx.com
Safe Harbor Statement
Statements in this document that are not purely historical are forward-looking statements. Forward-looking statements in this document include statements regarding: the sale and marketing of our products and services, and the Company's efforts to develop additional governmental and commercial revenues. Actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. See a description of risk factors set forth in our Form SB-2 filed with the Securities and Exchange Commission ("SEC") for a discussion of such risks, uncertainties and other factors. The forward-looking statements contained herein are made only as of the date of this presentation and InferX undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. MEDIA RELATIONS CONTACT:
5W Public Relations
Alyssa Miller
212.584.4290
Email Contact
INVESTOR RELATIONS CONTACT:
ROI Group LLC
Mike Dodge
212.495.0744
Email Contact

Caledonia Mining Corporation: Fasel Resigns as Director Market Wire "US Press Releases "

2008-01-02T06:20:00.001-08:00

Caledonia Mining Corporation: Fasel Resigns as DirectorMarket Wire "US Press Releases "
TORONTO, ONTARIO -- (MARKET WIRE) -- 01/02/08 -- Caledonia Mining Corporation ("Caledonia") (TSX: CAL)(OTCBB: CALVF)(AIM: CMCL) wishes to announce the resignation of Roland Fasel, of Geneva, Switzerland, as a Director of the Company - for personal reasons - effective December 31, 2007. Caledonia's Board and Management acknowledge and thank Mr. Fasel for his contributions to Caledonia during his time as a Director.
Further information regarding Caledonia's exploration activities and operations along with its latest financials may be found at www.caledoniamining.com. Contacts:
Caledonia Mining
Stefan Hayden
President & CEO
+27 11 447 2499
Website: www.caledoniamining.com
BuckBias
Alex Buck
+44 7932 740 452
RBC Capital Markets
Andrew Smith/ Johanna Virtanen
+44 (0)20 7029 7882

Teryl Resources announces drilling results completed with several visible copper showings on the Gold Hill prospect in Bisbee, Arizona PR Newswire

2008-01-02T06:19:00.002-08:00

Teryl Resources announces drilling results completed with several visible copper showings on the Gold Hill prospect in Bisbee, ArizonaPR Newswire "US Press Releases "
VANCOUVER, Jan. 2 /PRNewswire-FirstCall/ - Teryl Resources Corp. (TSX Venture Exchange: TRC.V) is pleased to announce that Tom Parkhill, our geologist for the exploration program on the Gold Hill prospect near Bisbee, Arizona, has reported the drilling program commenced on November 27, 2007 and ended on December 5, 2007. During this period of time, five reverse circulation drill holes were completed on four separate copper targets. The depth of the holes ranged from 120 feet to 360 feet.
The total depth (T.D.) of the holes was as follows: 1-RC-T.D. -360 feet, 4-RC-T.D.- 120 feet (lost circulation-abandon hole), 2-RC-T.D.-350 feet, 3-RC-T.D.-300 feet and 5-RC-T.D.-300 feet (offset 4-RC about 8 feet to the north). All the holes were drilled at an orientation of 90 degrees. Only two holes (2-RC and 1-RC) penetrated all the Glance Conglomerate and then penetrated part of the Naco Group before the hole reached its total depth.
One pound bags of samples were collected at every five foot interval and all of the samples were sent to ALS Chemex Labs in Sparks, Nevada for gold fire assay and 34 element chemical assay. We will announce the results of these assays as soon as we receive the results from ALS Chemex Labs.
Mr. Parkhill is currently preparing a NI 43-101 Technical Report for Teryl Resources Corp. for the Gold Hill Prospect.
Qualified Person: Mr. Tom Parkhill, Licensed Professional Geologist (Minnesota #30167), member of the National Association of State Boards of Geology (ASBOG), is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of this news release.
ABOUT TERYL RESOURCES CORP.
---------------------------
Teryl Resources Corp. is one of the main landowners in the Fairbanks Mining District, Alaska. The Gil project is a joint venture (80% Kinross/20% Teryl) with Kinross Gold Corporation (TSX: K; NYSE: KGC). The Company's holdings also include the Fish Creek Claims, 50% optioned from Linux Gold Corp. (OTC BB: LNXGF). Linux Gold Corp. owns 1.2 million shares of Teryl Resources Corp. Additionally; Teryl Resources Corp. has a 10% net profit interest from Kinross for the Stepovich Claims. The Company also has a 100%-interest in the West Ridge property.
Teryl Resources Corp. has an agreement on seven patented claim blocks, consisting of 248 acres and has acquired a state lease on an additional 601.74 acres, in the Warren Mining District, Cochise County, Arizona. The seven patented claim blocks are called the Gold Hill prospect, which includes the old Gold Hill mines. The Gold Hill copper, gold, and silver property is four miles west of the Lavender Pit mine, one of the richest copper mines in history, owned by Phelps Dodge Corporation, which has produced 92.6 million tons of ore from 1954 to 1974.
Teryl Resources Corp. also has one joint venture silver prospect located in Northern BC, Canada.
Teryl Resources Corp. has revenue from oil and gas projects in Texas and Kentucky. For further information visit the Company's website at http://www.terylresources.com. ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson
President
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein.
Forward-Looking Statements
Statements in this press release regarding Teryl's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
SOURCE Teryl Resources Corp.

Simultaneous LCD and video output for handheld devices delivered by QUicklogic-Chrontel solution; ultra-low power solution provides X-Y swap, frame bu

2008-01-02T06:19:00.001-08:00

Simultaneous LCD and video output for handheld devices delivered by QUicklogic-Chrontel solution; ultra-low power solution provides X-Y swap, frame buffering, and frame rate conversion for simultaneous LCD and video output from portable devicesM2 "Press Wire "
M2 PressWIRE - January 2, 2008 - Handheld product developers can now add simultaneous video output without sacrificing battery lifetime or burdening the host application processor. The solution - developed by QuickLogic and Chrontel - has already been adopted by a leading smart phone manufacturer and may be customised easily to match a wide range of design needs required by other adopters.
"This is an example of QuickLogic's low power Customer Specific Standard Product (CSSP) solutions providing fast time-to-market and design flexibility for handheld applications," said Owen Bateman of QuickLogic. "This new simultaneous display solution enables developers to implement a wide range of exciting handheld capabilities, such as plugging a PDA into a conference room television to give a presentation, playing a mobile-phone video game on a TV, or even watching a movie stored on a portable media player on any TV."
Working in conjunction with Chrontel, QuickLogic addressed three major challenges associated with the simultaneous display of images on both LCD screens and external video devices such as televisions and VGA projectors, which have different, scan directions.
The first challenge was providing the memory control to manage frame buffers using an X-Y pixel swap that provides correct simultaneous image display on both the portrait-mounted LCD panels common to handheld devices and the landscape-oriented displays of television and video projectors.
The second challenge was to accommodate frame- and pixel-rate differences between LCD and various television standards, including PAL and NTSC.
The third was to provide this functionality without making excessive demands on system battery power and without requiring host processor intervention beyond set-up and configuration.
QuickLogic's CSSP solution leverages the company's ultra-low power consumption programmable fabric to implement the memory interfaces, RGB interfaces, X-Y swap conversion logic, and active power management needed to address these challenges, all in a single device. When coupled with Chrontel's CH7013 TV encoder and a mobile SDRAM frame buffer, the total design handles all rate conversions and voltage level shifting needed to get input data from the LCD display controller on the application processor and drive the TV encoder device.
"By partnering with QuickLogic," adds David Tsai of Chrontel, "we have successfully developed an approach that enables portrait-oriented images and video from mobile handsets, PDAs and PMPs to display correctly on conventional PAL and NTSC displays. QuickLogic's CSSP handles all the timing related to the various display rates and scan direction conversion while the CH7013 processes and tunes the video stream to produce excellent TV-out quality."
As with all of its CSSP designs, QuickLogic can adapt its X-Y swap system block to meet a customer's specific needs, speeding time-to-market for developers having unique requirements. For more information and to discuss requirements, contact QuickLogic sales at www.quicklogic.com/sales.
About QuickLogic.
QuickLogic Corporation (NASDAQ: QUIK) is the inventor and pioneer of innovative, customisable semiconductor solutions for mobile and portable electronics OEMs and ODMs. These silicon-plus-software solutions are called Customer Specific Standard Products (CSSPs). CSSPs enable developers to bring products to market more quickly and remain in the market longer, with the low power, cost and size demanded by mobile and portable electronics market.
The QuickLogic name and logo are registered trademarks of QuickLogic Corp. All other brands or trademarks are the property of their respective holders and should be treated as such.
((Comments on this story may be sent to info@m2.com))
Â© 2008 M2 COMMUNICATIONS LTD

Ariel Way, Inc. Signs LOI to Acquire Minority Position in FaceTime Strategy, LLC PR Newswire "US Press Releases "

2008-01-02T06:18:00.001-08:00

Ariel Way, Inc. Signs LOI to Acquire Minority Position in FaceTime Strategy, LLCPR Newswire "US Press Releases "
VIENNA, Va., Jan. 2 /PRNewswire-FirstCall/ -- Ariel Way, Inc. (OTC Bulletin Board: AWYI) announced its plans to acquire 10 percent of FaceTime Strategy, a full-service new media agency. The letter of intent stipulates the company's interest in investing in the firm that specializes in advertising, marketing and public relations campaigns via the Internet, broadcast, print and other mediums.
The strategic partnership will provide Ariel Way, Inc. access to an innovative agency with a new method for creating and utilizing content. From podcasts to blogs, digital signage, to videos and online networking communities, FaceTime offers revolutionary products and services to bolster brand recognition for companies looking to enter the digital signage marketplace.
This deal is critical for the Digital Signage Network, owned by Ariel Way, which will be located in various shopping and retail outlets throughout the country.
"New Media is an exciting and burgeoning market and is poised to explode in the coming year," said Arne Dunhem president and CEO of Ariel Way. "The prospect of having direct access to the expert team FaceTime will greatly increase our capacity for stellar advertising on our planned digital signage network."
The Digital Signage Network is a new platform for companies to promote and advertise products and services to targeted audiences as they shop, work and play in malls, banks and other strategic locations.
"Working with the executive team at Ariel Way has been a wonderful experience and we look forward to increasing brand recognition for the company," said Todd Mason, CEO of FaceTime. "Our campaigns enable companies to implement measurable advertising and public relations campaigns and we are honored to partner with Ariel Way on this exciting business endeavor."
FaceTime Strategy, LLC
FaceTime Strategy (FTS) is a full-service new media agency that offers an innovative method for utilizing viral marketing tools, targeted online advertisements and social networking. The agency is synonymous with a unique methodology that will be employed for all clients. The method used is to create a balanced use of all online mediums to effectively communicate a client's messages, and deliver quantifiable results for how each campaign effect the marketplace. FaceTime is headquartered in Washington D.C., with immediate plans to expand services into the New York, Los Angeles, Dallas, and Chicago metro areas.
For more information call 202-386.6159 or visit http://www.facetimestrategy.com.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation ("Ariel Way" or the "Company"), is a technology and services company for highly secure global communications, multimedia and digital signage solutions and technologies. The Company is focused on developing innovative and secure technologies, acquiring and growing profitable advanced technology companies and global communications service providers and creating strategic alliances with companies in complementary product lines and service industries.
For more information about Ariel Way can be found on the web at http://www.arielway.com.
Forward-Looking Statements: Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward- looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the Company's Form 10-KSB for the fiscal year ended September 30, 2006 for a discussion of such risks, uncertainties and other factors. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. These forward- looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.
SOURCE Ariel Way, Inc.

Hayward council eases auto dealer sign restrictions [The Oakland Tribune, Calif.] Knight Ridder/Tribune "Business News "

2008-01-02T06:17:00.007-08:00

Hayward council eases auto dealer sign restrictions [The Oakland Tribune, Calif.]Knight Ridder/Tribune "Business News "
Jan. 2--HAYWARD -- The Hayward City Council has relaxed its sign restrictions on auto dealerships, allowing the businesses to place big, permanent banner advertisements along Mission Boulevard.
City officials say they hope the move will help foster a unified image of a "Hayward Auto Row" on the mile-long stretch of Mission north of Harder Road.
New automobile sales account for about 11 percent of Hayward's sales tax revenue, according to a city report. But dealership owners sometimes complain that because they are so far from the freeway, it can be difficult for customers to find them.
Abbas Asgari, sales manager at Hayward Kia, said he will probably take advantage of the new policy. He said his small dealership, which carries about 50 vehicles at a time, already benefits from being wedged between bigger Volkswagen and Ford dealers in the heart of Mission's auto district.
"The ones that are a little bit further away aren't as successful," Asgari said.
Auto sales in Hayward hit a record low during the second quarter of 2007, part of a nationwide trend, yet they still earned the city $2.8 million, comprising about 10.6 percent of the city's economy during that time. The city also received about $328,000 in sales taxes from used car sales.
Some car dealerships on Mission Boulevard north of Grove Way already sport big banner ads, but that is because the businesses are in an unincorporated area governed by Alameda County.
Greg Martin, one of the
owners of the Hayward Auto Chrysler-Jeep dealership on Mission near Interstate 238, said Alameda County "doesn't care" that he places four-by-eight-foot banners on all of the dealership's light poles.
Martin said, however, that too much signage can take away from the aesthetics of an area.
"There's a fine line you have to draw," Martin said. "You just have to have good taste, and I think we do that."
The new Hayward policy promotes uniform banners that are placed "in a manner that is attractive, compatible and safe and enhances the streetscape and the economic well-being of the city."
Previously, the city allowed such banners and other promotional displays only on a temporary basis, limiting them to four, two-week periods and four additional weekends, per year.
Now, dealerships will be able to install permanent large banners on poles within 10 feet of the property line adjacent to Mission and smaller banners elsewhere within parking and auto display areas.
Reach Matt O'Brien at 510-293-2473 or mattobrien@bayareanewsgroup.com.
To see more of The Oakland Tribune or to subscribe to the newspaper, go to http://www.insidebayarea.com/oaklandtribune/.
Copyright (c) 2008, The Oakland Tribune, Calif.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

SolarBrook Water and Power Announces Management Change With Appointment of New COO Market Wire "US Press Releases "

2008-01-02T06:17:00.005-08:00

SolarBrook Water and Power Announces Management Change With Appointment of New COOMarket Wire "US Press Releases "
APEX, NC -- (MARKET WIRE) -- 01/02/08 -- SolarBrook Water and Power Corporation (PINKSHEETS: SWPC), a developer, manufacturer and marketer of water quality and clean power products, announced today that as a part of its ongoing restructuring program, Keith McNeely, formally the Vice President of Industrial Sales for the company's MARTI unit, has been promoted to Chief Operations Officer of the SolarBrook Water and Power Corporation.
Mr. McNeely's promotion and the company's recent name and trading symbol change are all part of a restructuring plan and growth strategy initiated by SolarBrook Water and Power Corporation's Board of Directors.
Keith McNeely also serves on the management advisory committee for SolarBrook.
Prior to joining the company, Mr. McNeely worked with NALCO Chemical Co. in Charlotte, North Carolina, as a Sales Representative, Account Manager and Area Manager. His extensive experience in the chemical, paper, municipal, food and beverage industries led to a promotion to District Manager in 1988. He started the District in the Basic Industry Group in Charlotte, North Carolina, which focused on the Chemical and Paper Industries. In 1998, Mr. McNeely transferred to the Unisolv Group (Middle Market), where he managed two districts that focused on the Municipal, Textile, Wood Products, Food and Beverage Industries.
George Moore, CEO of SolarBrook, commented, "We believe this change in our core team will optimally position us to take full advantage of the business strategy we have adopted for 2008. With the new strategic plan being adopted by SolarBrook and the addition of new technologies, products and services from our new alliance partners, these changes will better enable us to offer appealing solutions for the worldwide delivery of clean water in both on- and off-grid applications."
About SolarBrook Water and Power Corporation
SolarBrook Water and Power Corporation, headquartered in Apex, North Carolina, maintains a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of SolarBrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. SolarBrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential.
For more information, please visit www.solarbrook.com
Forward-Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Franchise Capital Corporation Announces Aero Exhaust 2008 Sponsorship of Northwest Pro-4 Alliance Market Wire "US Press Releases "

2008-01-02T06:17:00.003-08:00

Franchise Capital Corporation Announces Aero Exhaust 2008 Sponsorship of Northwest Pro-4 AllianceMarket Wire "US Press Releases "
MURRIETA, CA -- (MARKET WIRE) -- 01/02/08 -- Franchise Capital Corporation (PINKSHEETS: FCCN), which recently closed its acquisition of Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner, today announced that Aero has initiated a sponsorship of the Northwest Pro-4 Alliance, a regional race series, as part of the grass roots marketing of its mufflers and exhaust system products to racing enthusiasts.
Aero's association with the Northwest Pro-4 Alliance will include race sponsorships, sponsorships of race awards, high profile signage and Aero stickers at race events, and the use of Aero products on race cars.
The Northwest Pro-4 Alliance is a series that has brought the top three four-cylinder late model groups in the country together to produce big fields of cars, exciting competition and major exposure for everyone involved.
"Aero's support of the Northwest Pro-4 Alliance is just one element of the multi-faceted marketing program that the company has initiated to expand the awareness of its products in the racing community and the broader automotive supply industry," stated Bryan Hunsaker, chief executive officer of Franchise Capital and Aero Exhaust. "The Northwest Pro-4 Alliance is a growing series, and the profile that Aero will have at its race events is expected to increase recognition of Aero as the provider of superior performance exhaust products. We expect our sponsorship and presence at these race events to lead directly to product sales as we target both drivers and race fans. The owners, operators, team members and fans are exactly our target customers from auto enthusiasts to auto shop owners. Aero will continue to seek out and support regional racing as part of our broader grass roots marketing efforts."
To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other written material is issued, please visit http://www.franchisecapitalcorp.net.
About Aero Exhaust:
Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate website, www.aeroexhaust.com.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K for fiscal year 2007 filed with the Securities and Exchange Commission. CONTACT:
Gemini Financial Communications, Inc.
A. Beyer
951-677-8073
Email Contact

State-of-the-Art Ad Insertion Technology for Hotels Creates New Revenue for Superwire and a New Market for Advertisers Market Wire "US Press Relea

2008-01-02T06:17:00.001-08:00

State-of-the-Art Ad Insertion Technology for Hotels Creates New Revenue for Superwire and a New Market for AdvertisersMarket Wire "US Press Releases "
SALT LAKE CITY, UT -- (MARKET WIRE) -- 01/02/08 -- Superwire, Inc. (PINKSHEETS: SUPI) announces a strategic alliance with Resort Media Group (RMG) of California for the marketing and deployment of digital Ad Insertion Technology to the Hospitality Industry. The initial agreement deploys systems in 25 hotels in Texas, Arizona and California.
Additionally, under the terms of the agreement, RMG will also market Superwire Ad Insertion systems to the top 1500 hotels in major cities in the U.S. This will allow Superwire to provide 8 to16 channels of Digital Ad Insertion on the most popular Cable Television Networks (e.g., ESPN, CNN, TBS, USA, etc.) to hotels such as Holiday Inn and Radisson.
In addition to their marketing expertise, RMG provides in-room entertainment and information technology to the hospitality market that complements Superwire's proprietary Ad Insertion Technology. Superwire cuts the cost and speeds up the deployment of Digital Ad Insertion technology systems and maximizes demographic outreach. RMG distributes easy-to-use Flat Panel TV interfaces to hotel travelers' cameras, iPods, video games and other digital devices without having to reach rear panel input jacks. Additionally, RMG offers applications such as ad-supported Hotel Guides, Video on Demand (VOD), and special TV-specific interface capabilities to provide controlled access to content from the internet. Guests will be able to listen to home town radio, news and traffic in addition to other popular web content.
Once fully deployed, Superwire will be able to insert local, regional and national ads to the niche business of the leisure traveler market. Richard Smith, Chairman of Superwire, said, "This deployment will create new, valuable advertising space in a market segment previously out of reach of our advertisers. Cliff Hall, President of RMG, added, "Today's hotels need to be more competitive by staying up with technology that enhances customer retention and increased revenue. The combination of Superwire and (RMG)'s offerings provide a way to increase revenue with minimal up-front investment.
About Superwire, Inc.
Superwire, Inc. is a multi-media management group offering interactive television, telephone, broadband services and Cable TV ad insertion to high income Retirement, Educational and Hotel/Recreational communities throughout the United States. Superwire's ad insertion capabilities give national, regional and local advertisers a low cost, high impact avenue to target high expendable income customers and easily measure their advertising ROI.
For additional information, please visit: www.Superwire.com
Statements contained in this press release that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of Superwire Inc. Forward-looking statements may be identified by words such as "goals," "plans," "believes," "will," "expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. Investors are cautioned not to place any undue reliance on any forward-looking statements. Contact:
Ed Hart
(866) 547-8737

New York Kicks Off New Year With Internet Technology Feat Brought to You by Wi-Fi TV Market Wire "US Press Releases "

2008-01-02T06:15:00.000-08:00

New York Kicks Off New Year With Internet Technology Feat Brought to You by Wi-Fi TVMarket Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 01/02/08 -- Wi-Fi TV Inc. (PINKSHEETS: WTVN) successfully delivered a live virtual party from Times Square on New Year's Eve to thousands of web users in dozens of countries, with live chat and an eight camera feed on www.Wi-FiTV.com (category: New Year) and www.Wi-FiNewYear.com. The event is also being repeated at the same location.
"With a last minute appeal from the popular web site TimesSquare.com to handle directed traffic, and close coordination with those on the ground in New York City, Wi-Fi TV delivered a high quality live picture and sound and live chat to a huge global audience. Wi-Fi TV kicked off 2008 with its single largest audience ever," said Keith Friedman, who handled technical production for Wi-Fi TV. "Japan, Russia, England and the United States were among the countries where web users rang in the New Year with Wi-Fi TV," he concluded.
PARTICIPATION WITH Wi-Fi TV INC.
Hollywood talent may contact Wi-Fi TV directly for confidential discussions on content distribution and partnerships by calling Colby Marceau at 949-716-9397. Only serious inquiries from established content producers will be accepted.
About Wi-Fi TV
Wi-Fi TV(TM) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995.
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.
The Wi-Fi TV website (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one website.
The Company was launched in 1995 and has been publicly traded since November 1997.
For information on purchasing a Wi-Fi TV Station send an email to info@wi-fitv.com.
For press relations, contact Colby Marceau, 949-716-9397, info@wi-fitv.com
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation. Contact:
For press relations for Wi-Fi TV call:
949-716-9397
Wi-Fi TV Inc.
3434 Via Lido #300
Newport Beach, CA 92663
info@wi-fitv.com

OPTO Matrix Technology Saves Warehouse Support Staff 29 Hours Per Week with Optio's Document Design and Distribution Solutions Business Wire "US

2007-12-18T04:40:00.001-08:00

Matrix Technology Saves Warehouse Support Staff 29 Hours Per Week with Optio's Document Design and Distribution SolutionsBusiness Wire "US Press Releases "
ALPHARETTA, Ga.--(BUSINESS WIRE)--
Optio(R) Software, Inc. (OTCBB:OPTO) a leading provider of software solutions dedicated to helping customers optimize, manage and improve the complete lifecycle of document-intensive processes, today announced that Canadian customer, Matrix Technology, Ltd., has saved three full-time employees up to 29 hours per week in document processing and inventory fulfillment by utilizing Optio's document design and distribution solutions.
"We've only been using Optio for a year and each month we add a new form to our library," said Andrew Quick, Matrix Technology's Operations Manager. "With Optio the new forms don't really even represent a form to me anymore; each represents a procedure that we are improving or a process that we are eliminating. It's been a pleasant surprise that a solution that I thought was going to save paper is actually saving time and employee resources."
Established in 1977, Toronto-based Matrix Technology Ltd. is the premier Canadian electronic materials distributor to industry leading OEMs in the aerospace, electronics, telecommunications and transportation markets. Matrix Technology utilizes Optio's solutions in tandem with their SYSPRO enterprise resource planning system.
Accelerating Invoice and Purchase Order Processing
Matrix Technology reduces document printing and mailing costs by sending invoices to their customers electronically. The company follows the same process when it comes to sending purchase orders to their suppliers. "We can print a copy or send a pdf version via e-mail directly to our supplier, who can then process the order without waiting for that piece of paper to arrive through the mail," said Quick. "Optio's document distribution capabilities have turned out to be among the system's most important benefits."
Matrix initially purchased the solution to eliminate the cost of forms design and printing, but ultimately found that the Optio solutions were capable of much more. "It wasn't until after we did a business operations review with our technology partner, Phoenix Systems, and a third party consultant that we decided to use Optio's solutions to improve warehouse operations."
Savings in Time and Resources
Matrix Technology has realized significant savings in both time and resources by utilizing Optio's solutions. "We used to print three copies of each invoice, separate them, put them in filing folders and put them in order. Now we just print them through Optio and put them online and half of them get e-mailed directly to customers. The employee that used to handle that every day for two hours now spends about 10 minutes on the same tasks with Optio, resulting in a time savings of about nine hours per week."
Optio's solutions also save time for the employees that process the company's packing slips when their products are ready to be shipped out. "Before Optio we used to pull all types of documentation from our receivers in terms of quantities of products that had been received and match our incoming orders up to our outgoing shipping documents. Our employees now get informed instantly about what we have received via e-mail. They no longer have to search for data to fulfill orders. This saves our company another two hours per day for two individuals. When you add that up on a weekly basis, the results are impressive," said Quick.
Forms Design Capabilities
Optio's DesignStudio(TM) and e.ComIntegrate(TM) solutions enable Matrix to design new form templates for use throughout the organization. "Currently we have about 12 form templates that we have developed for every-day use. If we had paid for the design of 12 forms it would far outweigh the cost of DesignStudio. Probably the best decision we made in IT was to decide to do the forms design ourselves with Optio," stated Quick. "It also gave us the independence to easily make changes. We're very happy that Phoenix Systems, introduced us to Optio's solutions," he added.
About Phoenix Systems
For more than 25 years, Newmarket, Ontario-based Phoenix Systems has helped small to medium-sized businesses effectively compete by implementing and supporting technology that results in increased efficiencies and reduced costs. For more information about Phoenix Systems, visit www.pho-sys.com.
About Optio Software, Inc.
Optio Software, with 25 years of experience and more than 5,500 clients, worldwide, provides software solutions dedicated to automating, managing and improving the entire lifecycle of document-intensive processes, while extending the value of our customers' Enterprise Resource Planning (ERP) and Hospital Information Systems. Headquartered in Alpharetta, Ga., Optio Software maintains European, Middle Eastern and African (E.M.E.A.) headquarters in the United Kingdom and sales offices in the United States, France, Germany, and the Netherlands. For more information about Optio Software or to contact a local Optio sales manager, contact us at 770.576.3500 or visit our website at www.optio.com.
Copyright (C) 2007 Optio Software, Inc. All Rights Reserved. Optio is a registered trademark and DesignStudio and e.ComIntegrate are trademarks of Optio Software, Inc. Other companies and products mentioned in this document are the property of their respective owners.
Source: Optio Software, Inc.

STGH John Calash, President of Steadfast Holdings Group, Inc., is the Featured Guest in an Audio Interview at SmallCapVoice.com Business Wire "US

2007-12-18T04:39:00.004-08:00

John Calash, President of Steadfast Holdings Group, Inc., is the Featured Guest 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, John Calash, President of Steadfast Holdings Group, Inc. (PINK SHEETS:STHG) is now available at SmallCapVoice.com. Mr. Calash provides his personal insight into the factors that led to the Company's recently announced increased sales in the first three weeks of the fourth quarter which have exceeded the total for the fourth quarter in 2006. This follows a 46% increase in sales in our third quarter over the same period in 2006. The interview can be heard here at http://www.smallcapvoice.com/sthg/sthg-12-17-07.php. For more on the company and its products visit www.steadfastlinings.com or http://www.smallcapvoice.com/sthg/factsheet.html.
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 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.
Steadfast Holdings Group, Inc. is a holding company that owns 100% of Steadfast Automotive, Inc. and its subsidiary Steadfast Custom Linings, LLC. STHG is seeking to expand its operations through franchising the Steadfast Custom Linings, LLC business model and through acquisition or expansion of company owned stores and through subsidiary licensing agreement. The franchising and licensing agreements require all products to be purchased from Steadfast Custom Linings LLC.
Source: SmallCapVoice.com

PSPM Test Results for PureSpectrum Ballast Technology Support Market Driven Development Market Wire "US Press Releases "

2007-12-18T04:39:00.003-08:00

Test Results for PureSpectrum Ballast Technology Support Market Driven DevelopmentMarket Wire "US Press Releases "
SAVANNAH, GA -- (MARKET WIRE) -- 12/18/07 -- As politicians prepare to formally pass an energy bill that will phase out incandescent light bulbs by 2012, lighting industry experts are predicting a rise in popularity for Compact Fluorescent Lamps and lighting manufacturers are searching for the technology that will provide a differentiator in a marketplace that is expected to become increasingly competitive.
PureSpectrum, Inc. (PINKSHEETS: PSPM) may have developed the solution sought by lighting manufacturers. Results from a recent series of independent tests on PureSpectrum's proprietary ballast circuitry reveals that prototypes powered by PureSpectrum's power conversion system allows CFL bulbs to maintain high levels of energy efficiency while also improving color temperature and light quality.
PureSpectrum engineers have used feedback from a series of photometric testing sessions conducted at a leading independent lighting testing facility during the past two months to refine its innovative ballast topology to produce color quality which exceeds commercially available CFL bulbs. At the same time, improvements in the electronic ballast design have resulted in sizable energy efficiency gains which make the company's manually assembled prototypes comparable to the matched component manufacturing of brand name products.
PureSpectrum's 10.86-watt prototype produced 727 lumens or 66.94 lumens per watt, making the prototype built with a Sylvania lamp comparable to an 11.76-watt GE bulb tested at the same time. However, the PureSpectrum prototype scored higher than the GE bulb on Correlated Color Temperature and Color Rendering Index.
"We have intentionally practiced market driven development in order to reach this current plateau," said PureSpectrum president and CEO Lee Vanatta, whose company owns a diverse portfolio of patents and patent applications related to a unique circuitry landscape for ballast driven lighting applications. "We realize that in order for the technology to be accepted by the lighting community, the technology and business functions must work together. The ongoing evolution of our ballast technology is a response to the inevitable growth of CFL bulbs as a lighting alternative and the consumers' need for CFL bulbs to work like conventional light bulbs."
While PureSpectrum's ballast model is compatible with any fluorescent lamp, enhancing the CFL ballast design has been the company's primary focus during the past year. According to a study performed by market researchers The Freedonia Group, fluorescent lamps and CFL lamps are expected to experience the most growth among light bulbs during the next three years. The study proposed that CFL sales would pass conventional incandescent lamps in sales dollars but not units.
"The projected growth of CFL sales will increase the urgency for lighting manufacturers to generate products which perform at a higher level than their competitors according to the demands of the consumer," Vanatta said. "Responding to the needs of the consumer will become more important as manufacturers try to distinguish their brands and products in the market place. Those with the best performing CFL bulbs with attributes such as light color and quality will become leaders in the changing marketplace, and I feel that innovative technologies like PureSpectrum will be absorbed into the mainstream."
Please visit www.purespectrumlighting.com or call (912) 961-4980 for more information about PureSpectrum, Inc. or PureSpectrum Technology. For investment information, please contact Equiti-Trend Advisors LLC at (800) 953-3350.
ABOUT PURESPECTRUM
PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company founded and headquartered in Savannah, Ga. The company's values are grounded in an awareness of the increasing urgency to identify more efficient energy solutions. PureSpectrum currently holds the rights to multiple patents and patent applications related to an electronic ballast design which would produce a soft switching environment during power conversion for artificial lighting. PureSpectrum will continue its commitment to researching, developing and refining ideas that will provide the most energy efficient, cost effective methods for powering artificial light. For more information on PureSpectrum, please call (912) 961-4980 or visit www.purespectrumlighting.com.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum's products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum. Media Contact:
Stephen Weeks
(912) 356-5770

BMRX bioMETRX, Inc. Announces Integration of AuthenTec Fingerprint Sensor in smartTOUCH(TM) Product Line PR Newswire "US Press Releases "

2007-12-18T04:39:00.001-08:00

bioMETRX, Inc. Announces Integration of AuthenTec Fingerprint Sensor in smartTOUCH(TM) Product LinePR Newswire "US Press Releases "
MELBOURNE, Fla. and JERICHO, N.Y., Dec. 18 /PRNewswire-FirstCall/ -- AuthenTec, Inc. (Nasdaq: AUTH), the world's leading provider of fingerprint sensors and solutions, and bioMETRX, Inc. (OTC Bulletin Board: BMRX), a leading provider of biometrically secured consumer products, jointly announced today that bioMETRX has incorporated AuthenTec's AES2510 sensor into its smartTOUCH(TM) product line. bioMETRX's first product, the Master Lock(R) smartTOUCH(TM) garage door opener (GDO), has broken the "under $100.00" retail barrier, a first for any consumer access product featuring AuthenTec's sensor.
The smartTOUCH GDO(TM), sold as the Master Lock(R) smartTOUCH GDO(TM), retails for $97.00 and can be purchased at The Home Depot stores nationwide.
"We are delighted that bioMETRX has selected an AuthenTec sensor as an integral part of its proprietary architecture and mission to design and deliver cost effective, quality consumer biometric products. bioMETRX products simplify the lives of consumers by eliminating the need to remember PIN codes or fumble with keys when opening a door," said Larry Ciaccia, AuthenTec President. "The smartTOUCH GDO(TM) is another great example of the growing adoption of fingerprint sensors in mainstream consumer products that leverage the convenient security of our TruePrint(R)-based fingerprint sensors."
"Our company has spent years researching and testing all of the competing fingerprint sensors to determine which one provides the most reliability and cost efficiency for a consumer based product," commented Mark Basile, Chief Executive Officer for bioMETRX, Inc. "Based on our findings, we selected AuthenTec's AES2510 slide sensor, which has been engineered into our proprietary smartTOUCH(TM) product architecture, and we have experienced very positive feedback from end users."
About bioMETRX, Inc.
bioMETRX, Inc. is rapidly becoming the leader in designing and bringing to market, practical, secure, everyday consumer biometric products for the garage door, door hardware, HVAC, home security, PC, automotive and portable lock markets. Utilizing its proprietary "powered by smartTOUCH(TM)" platform, bioMETRX has developed an entire family of products so smart, they recognize you. The company's product line is branded under the trade name smartTOUCH(TM).
For more information on bioMETRX and/or the company's smartTOUCH(TM) line of products, including the Master Lock smartTOUCH(TM) garage door opener, visit the Company's Web site at http://www.biometrx.net.
About AuthenTec
With more than 25 million sensors in use worldwide, AuthenTec is the world leader in providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device, and access control markets. AuthenTec's award-winning sensors take full advantage of The Power of Touch(R) by utilizing the Company's patented TruePrint(R) technology to deliver the most convenient, reliable and cost-effective means available for enabling touch- powered features that extend beyond user authentication. The Company's customers include: Acer, ASUSTeK, Fujitsu, HP, Hitachi, HTC, Lenovo, LG Electronics, Samsung, and Toshiba, among others.
Safe Harbor Statement: This release may contain certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release with respect to bioMETRX's business, financial condition or results of operations, as well as matters of timing and the prospective terms of any transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond bioMETRX's control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in bioMETRX's filings with the Securities and Exchange Commission.
SOURCE bioMETRX, Inc.

IMAX Imax: Show-stopping 100-theatre joint-venture deal with AMC expected to accelerate profitability post-FY08; initiating FY09 ests - Merriman (6.84

2007-12-18T04:38:00.000-08:00

Imax: Show-stopping 100-theatre joint-venture deal with AMC expected to accelerate profitability post-FY08; initiating FY09 ests - Merriman (6.84)Briefing.com "Inplay "
Merriman continues to believe in the long-term prospects for IMAX due to its ability to provide a differentiated viewing experience for consumers. We believe that the pending introduction of a digital system plus more joint venture deals could reaccelerate theater growth and profitability â¬ exemplified by the 100-theatre JV deal with AMC. We believe that as we approach anticipated improved profitability, IMAX's valuation multiple should also improve. Firm is initiating FY09 ests of $165 mln in rev and $60 mln in EBITDA, representing growth of 28% and 81%, respectively. In the meantime, firm is lowering their FY08 rev and EBITDA ests to account for digital theatre upgrade costs in 2H08 as well as any potential delays in theatre installations until the digital system is available in 2H08 est.

PLUG LIPA OKs 2 percent rate hike [Newsday, Melville, N.Y.] Knight Ridder/Tribune "Business News "

2007-12-14T05:47:00.001-08:00

LIPA OKs 2 percent rate hike [Newsday, Melville, N.Y.]Knight Ridder/Tribune "Business News "
Dec. 14--Trustees of the Long Island Power Authority Thursday approved a 2 percent bill increase for 2008, but not without a spirited debate about taxes, fuel and the authority's mixed efforts in diversifying beyond fossil fuels.
In one of the more controversial suggestions, trustee John Fabio floated the idea that LIPA consider a 10-year plan to phase out the tax payments it makes to municipalities, school districts and others for locating power plants and other facilities in their districts. Around 11 cents of every dollar consumers pay on their bills goes to these "payments in lieu of taxes." The 10-year lead-time would allow the dependent recipients to ease their reliance on the payments.
Non-profit entities such as LIPA generally are exempt from taxes.
LIPA chairman James Larocca urged caution on such a proposal, noting that officials who created the authority agreed to continue payments that predecessor Long Island Lighting Co. had made as a tax-paying corporation.
"It was a choice we made," Larocca said. "... If we want to examine changing that choice, we can. In my own view, it will be very difficult to do that. I think to a large extent we're stuck with it."
Fabio said that was no reason not to consider it. "I think sometimes we need to tilt at windmills," he said.
LIPA chief executive Kevin Law, acknowledging that cutting PILOTs was a potentially explosive issue, said he would consider the topic in upcoming planning meetings. "Everything should be on the table," he said.
Trustee Michael Fagin, while not necessarily supporting either position, urged LIPA to be direct with ratepayers. He pointed out that "we're essentially collecting a tax and not calling it that. People should be cognizant of it." He and others noted that tax-burdened residents pay the PILOTs without the benefit of a tax deduction.
Supporters of the concept of overhauling local power plants were aghast at the idea, noting that community support for proposals largely hinges on the payments.
"I think there was a lot of fear brought into this room by the statement" about eliminating PILOTs, Lisa Tyson, director of the Long Island Progressive Coalition, which supports re-powering, told trustees. LIPA this week issued a request for bids to study repowering plants in Northport and Port Jefferson.
Utility veteran Matthew Cordaro took issue with LIPA's decision to implement the 2 percent bill increase, despite massive reserve funds. "The entire rate increase could be avoided by using more reserve funds," he said, suggesting LIPA was being fiscally conservative to appease Wall Street bond raters. "I understand there's a need to make Wall Street comfortable, but there's also a need to make ratepayers comfortable."
Law said avoiding the "temptation" to use more reserves to offset the increase was a matter of fiscal prudence. Without an increase, he said, LIPA would have had "a $100 million hole" in the budget.
Trustee Suzette Smookler expressed pessimism about LIPA's efforts to diversify its energy portfolio, particularly in light of a report this week detailing problems with a 7-year contract to research and demonstrate low-emissions fuel cells with supplier, Plug Power. The said LIPA failed to properly manage the contract, which was plagued by missing reports and cost overruns.
Larocca vowed, "We will protect against that problem repeating itself."
To see more of Newsday, or to subscribe to the newspaper, go to http://www.newsday.com
Copyright (c) 2007, Newsday, Melville, N.Y.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

mdtu Med-Tech Solutions, Inc. -- Closing of Acquisition by Exchange of Common Stock and Closing of Private Placement Market Wire "US Press Release

2007-12-14T05:46:00.003-08:00

Med-Tech Solutions, Inc. -- Closing of Acquisition by Exchange of Common Stock and Closing of Private PlacementMarket Wire "US Press Releases "
VANCOUVER, BC -- (MARKET WIRE) -- 12/14/07 -- Med-Tech Solutions, Inc. (OTCBB: MDTU) today announced that it had closed its acquisition of The Four Rivers BioEnergy Company Inc. ("Four Rivers") by an exchange of 40,665,000 shares of its common stock for the outstanding shares of Four Rivers. The shares issued in the exchange are restricted stock. The acquisition will be accounted for under the reverse acquisition accounting rules. As part of the acquisition, the management of Four Rivers became the directors and management of Med-Tech, and the former sole director and officer of Med-Tech resigned.
Simultaneously with the acquisition of Four Rivers, Med-Tech completed a private placement of 28,183,978 shares of common stock to foreign accredited and institutional investors. The private placement agent was International Capital Partners SA. The number of shares sold met the minimum offering amount requirement.
Immediately prior to the acquisition and private placement, Med-Tech effected a recapitalization by a reduction of the outstanding shares of common stock by contribution to the capital of the company. After the three transactions, the acquisition, the private placement and recapitalization, there are 113,449,878 shares of common stock issued and outstanding.
Gary Hudson, the new Chief Executive Officer of the Company, said, "We are delighted to have concluded the acquisition of Four Rivers and the capital raise, both of which will permit the company to aggressively move forward with its business plan of building the proposed integrated bioenergy facility for the production of bioethanol and biodiesel fuels and related by-products. Although many aspects of the plan are well under way, we have much to do in the near future, including satisfaction of various permitting requirements, site acquisition, transportation and supply logistics and finalization of plant design. We are also pursuing various avenues for the required financing to complete the plant and fund its initial operations."
About the Company
The company proposes to construct an integrated 130 MMGPY bioethanol plant and 35 MMGPY biodiesel plant. Logistics will be the intended key differentiator of Four Rivers from other biofuels companies and will give the Four Rivers plant advantages to trade and market its feedstocks and products. Four Rivers, together with its parent corporation, is a development stage company.
Forward-Looking Statements
The statements in the press release that relate to the company's expectation with regard to future impact on the company's results from actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statement are reasonable, such statements should not be regarded as a representation by the company, or any other person that such forward-looking statements will be achieved. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from the expected results. The company disclaims any intent or obligation to update, or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In the light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For Further Information Contact:
Gary Hudson
President and CEO
+1 270 282 0926
Stephen Padgett
Vice President and Group Finance Director
+1 270 282 0943

UITK Ultitek, Ltd. Announces Major Contract With Ukrainian "State Institute of Automation" Market Wire "US Press Releases "

2007-12-14T05:46:00.001-08:00

Ultitek, Ltd. Announces Major Contract With Ukrainian "State Institute of Automation"Market Wire "US Press Releases "
ENGLEWOOD CLIFFS, NJ -- (MARKET WIRE) -- 12/14/07 -- Ultitek, Ltd. (OTCBB: UITK) is pleased to announce that on December 12, 2007, Ultitek's Board of Directors approved signing of formal agreement with Ukrainian "State Institute of Automation" to provide airline control services for the country of Ukraine. Included in the services to be provided are Departure Control, Reservations, Airline Operations, Distribution and other modules. Passenger air traffic in and out of the Ukraine is growing at a good pace and "State Institute of Automation" wishes to take advantage of the latest leading edge technology that Ultitek provides. The contract is structured in such a way to bring maximum benefits to both parties.
"This contract is the culmination of the letter of intent we announced on July 16th, 2007. We are pleased the final negotiations took less time than the 180 days than we had anticipated. The contract should not be underestimated. The impact to our revenues and profits in 2008 will be dramatic. Providing we have all the necessary financing in place by the end of this year, in 2008, we expect revenues in excess of 15 million dollars and we expect significant profits on that total. The revenues to be generated by this contract will be even more dramatic in fiscal 2009. We expect gross revenues to exceed 70 million with profits increasing accordingly," said Roman Price CEO.
About Ultitek, Ltd.
Through its wholly owned subsidiary, Transport Automation Information Systems, a Russian company (TAIS), Ultitek, Ltd. has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989. Today Ultitek, Ltd. is the leader among reservations systems in the Russian Aviation market. In 2003, nine million passengers of 60 airlines were serviced by it, which consisted of more than 50% of the transport of passengers performed on domestic scheduled flights of carriers in Russia and the countries of the C.I.S.
SAFE HARBOR: The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. The matters described in these forward-looking statements are based upon assumptions that are subject to significant known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond Ultitek's control. Ultitek faces many risks that could cause its actual performance to differ materially from the results predicted by its forward-looking statements. Although Ultitek believes that the expectations reflected in forward-looking statements are reasonable, because of those risks, Ultitek's actual results, performance or achievements may differ materially from the results, performance or achievements contemplated by its forward-looking statements. Accordingly, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. The information set forth in this news release represents management's current expectations and intentions. Ultitek assumes no responsibility to issue updates to the forward-looking matters discussed in this news release. Contact:
Ernest J. Sabato
Ultitek, Ltd.
560 Sylvan Avenue
Englewood Cliffs, New Jersey 07632
Telephone: 1-201-541-1700 or 1-888-ULTITEK
Fax: 1-201-541-1778
Email address: ejs@ultitek.com
http://www.ultitek.com

PRPM Propalms, Inc.'s 10-SB Filing Available on SEC Web Site Market Wire "US Press Releases "

2007-12-14T05:45:00.003-08:00

Propalms, Inc.'s 10-SB Filing Available on SEC Web SiteMarket Wire "US Press Releases "
NORTH YORKSHIRE, UK -- (MARKET WIRE) -- 12/14/07 -- Propalms, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company's 10-SB filing, as of December 13, 2007, has been listed on the Securities and Exchange Commissions Web site for further viewing. The Company's registration with the SEC should be effective in 60 days, pending the resolution of any SEC comments.
Once effective, the registration will establish a file available to the public that will comprise financial and business-related information on Propalms. Such registration will make the Company eligible to trade on the OTC Bulletin Board and designate the Company as a fully reporting entity under the Securities Exchange Act of 1934. Pursuant to these rules, Propalms is required to regularly issue Form 10-Q quarterly reports, Form 10K annual reports, Form 8-K corporate development reports, proxy rules, and audited annual financial reports.
"I am pleased to report that filing our Form 10-SB represents the Company's first step in the ongoing process of uplisting, and that we now await any SEC comments that must be cleared before our registration is effective. By becoming a fully reporting company, we will establish a public record of our ongoing financial and corporate developments. This will move us one step closer to our corporate goal of obtaining a listing on a national securities exchange," stated Owen Dukes, CEO of Propalms, Inc.
To view the complete 10-SB filing, please visit: http://sec.gov/Archives/edgar/data/1421100/000110889007000375/0001108890-07-000375-index.htm.
Propalms, Inc.'s annual shareholder meeting will be held on Friday, January 11, 2008, at 10:00 a.m. PST at the Luxor Hotel in Las Vegas, Nevada. Shareholders that would like to reserve a room at the hotel to attend the shareholder meeting should contact the Luxor Hotel at 888-777-0188 or 702-262-4444. The Luxor Hotel is located at 3900 Las Vegas Boulevard, South Las Vegas, Nevada, 89119. Propalms' shareholder meeting will be held in the Nile Chamber C.
About Propalms, Inc.:
Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based management consoles.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
To automatically receive instant updates, press releases, and other information on this and other Big Apple Consulting USA companies, please visit http://www.bigappleconsulting.com/compro.php and download your FREE copy of Big Apple ComPro. Contact:
For more information, please visit:
http://www.propalms.com
or Call
Investor Relations
+ 1-866-THE-APPL(E)

IMMU Immunomedics: UCBplans to continue Epratuzumab development for SLE - Lazard (2.69) Briefing.com "Inplay "

2007-12-14T05:45:00.001-08:00

Immunomedics: UCBplans to continue Epratuzumab development for SLE - Lazard (2.69)Briefing.com "Inplay "
Lazard notes the UCB reported that Epratuzumab had a favorable efficacy and tolerability profile in the ALLEVIATE SLE trials. This morning Immunomedics' Epratuzumab-development partner, UCB, provided an update of its clinical development plan for the antibody. Following an analysis of the closed Phase III ALLEVIATE trials of Epratuzumab for SLE, UCB has elected to continue development of the drug for systemic lupus erythematosus. Firm believes this analysis included fewer than 100 patients as the ALLEVIATE trials were placed on clinical hold by UCB in late 2006 following a UCB audit of Immunomedics' end-stage manufacturing processes.

RPBC Redpoint Bio Signs Research & Technology Development Agreement with The Coca-Cola Company Business Wire "US Press Releases "

2007-12-14T05:44:00.001-08:00

Redpoint Bio Signs Research & Technology Development Agreement with The Coca-Cola CompanyBusiness Wire "US Press Releases "
EWING, N.J.--(BUSINESS WIRE)--
Redpoint Bio Corporation (OTCBB: RPBC), a company developing ingredients to improve the taste of pharmaceutical, food and beverage products, today announced that it has signed a research agreement with The Coca-Cola Company (NYSE: KO), the world's largest beverage company, to develop proprietary technology for use in non-alcoholic beverages.
Under terms of the one-year agreement, for a six month period beginning on the effective date of the agreement, Redpoint has granted Coca-Cola an exclusive right to negotiate to extend and expand the collaboration into a broader, multi-year research, development and commercialization program. For more information, see the related 8-K filing by Redpoint Bio with the Securities and Exchange Commission.
"We are extremely pleased to have established this new research and technology development collaboration with industry leader, The Coca-Cola Company - Redpoint Bio's second food industry collaboration signed in 2007," said Ray Salemme, Ph.D., Chief Executive Officer of Redpoint Bio. "We believe this agreement is a further endorsement of Redpoint Bio's unique capabilities for the discovery and development of beverage technology. We look forward to working with The Coca-Cola Company team."
Grant DuBois, Ph.D., Director, Ingredient & Product Sciences for The Coca-Cola Company, noted, "We believe that Redpoint Bio's extensive knowledge of taste science, coupled with their full suite of discovery tools, can contribute to the development of new technology for use in existing and future non-alcoholic beverages."
About Redpoint Bio Corporation
Redpoint Bio is leveraging recent discoveries in the molecular biology of taste to discover and develop novel taste modulators for the food, beverage and pharmaceutical industries. Redpoint Bio's food and beverage program is focused on identifying novel flavors that improve the tastes of existing ingredients and enable the development of better-tasting foods and beverages. The pharmaceutical program uses a biochemical approach aimed at suppressing the bitterness of medicines, which has the potential to expand the range of formulation options and increase patient compliance. For more information, please visit the Company's website at www.redpointbio.com.
About The Coca-Cola Company
The Coca-Cola Company is the world's largest beverage company. Along with Coca-Cola(R), recognized as the world's most valuable brand, the Company markets four of the world's top five nonalcoholic sparkling brands, including Diet Coke(R), Fanta(R) and Sprite(R), and a wide range of other beverages, including diet and light beverages, waters, juices and juice drinks, teas, coffees, energy and sports drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate exceeding 1.4 billion servings each day. For more information about The Coca-Cola Company, please visit our website at www.thecoca-colacompany.com.
Safe Harbor Statement
In addition to historical facts or statements of current condition, this press release contains forward-looking statements within the meaning of the "Safe Harbor" provisions of The Private Securities Litigation Reform Act of 1995. Forward-looking statements provide the Company's current expectations or forecasts of future events. The Company's performance and financial results could differ materially from those reflected in these forward-looking statements due to among other factors, uncertainty inherent in the discovery phase of technological development, any efforts by third parties to invalidate or limit any patents, the marketplace acceptance of its products, the decisions of regulatory authorities, the results of clinical trials and general financial, economic, regulatory and political conditions affecting the food, biotechnology and pharmaceutical industries generally. Given these risks and uncertainties, any or all of these forward-looking statements may prove to be incorrect. The Company undertakes no obligation to update publicly any forward-looking statement.
Source: Redpoint Bio Corporation

GREN hristmas goes environmentally savvy [The Oklahoman] Knight Ridder/Tribune "Business News "

2007-12-14T05:43:00.002-08:00

hristmas goes environmentally savvy [The Oklahoman]Knight Ridder/Tribune "Business News "
Dec. 14--Some may dream of a white Christmas, but this year Christmas has gone "green."
"Green," gifts -- those that won't harm Mother Nature -- are one of the season's biggest trends.
Thanks to Al Gore and the global warming dialogue, "A lot customers are starting to become more environmentally interested," said Kevin Mashburn, owner of Kamber's.
His store, 7308 N Western Ave., sells GreenSmart laptop sleeves, $39.95, refashioned from plastic bottles.
Green goods For the eco-conscious recipient, LUX, 7318 N Western Ave., sells Vy & Elle purses made from recycled vinyl billboards. So far Vy & Elle has recycled 42 tons of vinyl that would have otherwise been dumped in landfills, said store director Troy Wilson.
Besides helping save the environment, he said the bags are cute. "It's really fun because it's kind of a color contrast. And they're one-of-a-kind, because you never know which part of the billboard they're going to use," he said.
The store also sells a line of environmentally friendly cleaning products, scents and a hand soap and lotion set, $27. Caldrea, a popular gift at LUX, is made from plants, and doesn't contain ammonia, bleach or harmful detergents.
"Caldrea we've carried for years, but the whole green thing has become more of an issue I think as people are becoming more aware," Wilson said.
He said the store carries and sells more green items than they did a year ago. However, Wilson said, quality is more important to the customer than a product's "greenness."
"(Eco-friendly) is an added selling point. I don't know if it's the selling point," he said. "As a retailer, I'm definitely becoming more aware."
Last summer, LUX began using shopping bags made from recycled paper. And as much as possible, Wilson said, he prefers to buy from green suppliers who use recycled packaging material.
Some call it trash Jeanette Koenig, owner of Route 66, 5000 N Pennsylvania Ave., strives to sell merchandise that isn't "just stuff." She loves things that are different, well designed and have a story, like the recycled license-plate purses, photo albums, $25, and CD cases the store sells.
Route 66 also sells coasters, bowls and bracelets made from recycled vinyl records, CD racks made from bicycle wheels, $95, and purses which can be cleaned with Armor All.
"The purses are amazing. They look like fashion bags, but they're not made of leather. They're darling recycled inner tube with 60,000 miles or more," she said.
The store also sells inner tube briefcases and belts which are adorned with reclaimed bottle caps and seat-belt buckles.
Toys, too, are going green. Learning Tree Toys Books & Games, 7638 N Western, sells Hape toys which are made from bamboo, a very replenishable wood. The store also sells Blue Orange, a line of wooden games. The San Francisco-based company claims to plant two trees for every tree it cuts down.
Even discount retailers such as Target and Wal-Mart are hopping on the green wagon by promoting lines of eco-friendly gifts for the holiday shopping season.
Organic cotton sheet sets, $80-$110, are "a hot eco-friendly gift" at Target, spokeswoman Anne Rodgers said.
She said clean-burning soy candles are also a popular gift idea. A rock garden soy candle gift set sells for $11.
"We're definitely seeing an increased interest from our guests in eco-friendly merchandise," she said.
Wal-Mart jumps in Wal-Mart also is promoting organic coffee, organic cotton clothing and other recyclable products such as toothbrushes.
Some retailers said the green trend is just a fad, however others took a more optimistic viewpoint.
"I've been a green store for 19 years," Koenig said. She said she plans to continue selling recycled merchandise at Route 66.
"I think it's definitely become more of a movement," Wilson said.
"I think it's here to stay. As more companies become aware and become more efficient at doing it, I think it's definitely going to expand."
To see more of The Oklahoman, or to subscribe to the newspaper, go to http://www.newsok.com.
Copyright (c) 2007, The Oklahoman
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

DRRAQ Dura to delay exit from bankruptcy: Credit market troubles are cited [Detroit Free Press] Knight Ridder/Tribune "Business News "

2007-12-14T05:43:00.001-08:00

Dura to delay exit from bankruptcy: Credit market troubles are cited [Detroit Free Press]Knight Ridder/Tribune "Business News "
Dec. 14--The ailing credit market has posed a new challenge for another local auto supplier struggling to leave bankruptcy.
Rochester Hills-based Dura Automotive Systems Inc. plans to delay its exit from Chapter 11 bankruptcy because the tight credit market has made it difficult to attract an exit loan.
"The credit markets have continued to move against us these past few weeks, and the financing terms available in this market are not acceptable to the company," Dura CEO Larry Denton said in a statement Thursday.
Dura had planned to leave bankruptcy before the end of the year. The company said Thursday it would evaluate its financing strategy early next year and "will plan for emergence as soon as practicable."
Dura is trying to find a $425-million exit loan and said just Monday that most of that financing had been lined up.
Dura's delay is yet another example of how the subprime mortgage crisis has made it tougher for companies to attract loans. Banks have become more conservative in their lending after losing billions in the risky mortgage market.
"There's just not a lot of confidence right now," said Van Conway, president of Birmingham-based turnaround firm Conway MacKenzie & Dunleavy. "People are concerned that there's more to come."
Conway said Dura's trouble with the credit market shows signs of unfolding like Delphi Corp.'s bankruptcy case.
Delphi also delayed its expected bankruptcy exit to next year as the company tries to arrange a $6.8-billion exit loan. Delphi had reduced the loan it is seeking by nearly $2 billion.
To do that, Delphi changed the way it plans to pay creditors, which led to several other changes to appease those groups slated to vote on the plan.
Dura not only faces the challenge of a tight credit market, but a bleak forecast for North American auto sales and production.
CSM Worldwide said Thursday that it expects light vehicle production in North America to drop to 14.4 million next year, its lowest level in almost 15 years and 2008 U.S. vehicle sales to drop to 15.8 million, the lowest in a decade.
Dura plans to leave bankruptcy as a private company, under the ownership of Santa Barbara, Calif.-based private equity firm Pacificor LLC.
The company filed for Chapter 11 in October last year, amid a string of large auto supplier bankruptcies, after losing business from Lear Corp.
Contact JEWEL GOPWANI at 313-223-4550 or gopwani@freepress.com.
To see more of the Detroit Free Press, or to subscribe to the newspaper, go to http://www.freep.com
Copyright (c) 2007, Detroit Free Press
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

SWVC Hacketts' Day-after-Thanksgiving Sales Results Exceed Expectations

2007-11-26T06:00:00.001-08:00

Hacketts' Day-after-Thanksgiving Sales Results Exceed ExpectationsBusiness Wire "US Press Releases "
OGDENSBURG, N.Y.--(BUSINESS WIRE)--
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC) ("Seaway Valley" or the "Company") is pleased to report that sales of its wholly-owned subsidiary, Patrick Hackett Hardware Company ("Hacketts"), enjoyed significant increases totaling close to 60% in same store sales on the day after Thanksgiving, which has been dubbed "Black Friday". The Friday following Thanksgiving is traditionally considered the first day of shopping in the holiday season and an important day and a possible indicator of the upcoming holiday shopping season.
Norman Garrelts, President and CEO of Hacketts stated, "In spite of prior evening and early morning snowfalls and a noticeable increase in the level of competition and advertising for Friday's customers, Hacketts showed tremendous increases in all stores. Hacketts opened at 7AM and had achieved the previous year's comparable sales shortly after the lunch hour." The stores, which included Canton, Massena, Ogdensburg, Potsdam, and Watertown, each were operating on the same day last year. All stores showed sales increases, with a range of a 137% increase in the Massena store and a 35% increase in the Ogdensburg store.
Hacketts' sales remained strong on the following day, with sales increases that averaged about 22% across the company. Mr. Garrelts added, "Management feels that these results are a strong indication that Hacketts is on target with its merchandise mix and footprint for these and future stores."
About Patrick Hackett Hardware Company
Hacketts, one of the nation's oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hacketts, now with nine locations, features brand name clothing for men, women, and children, and a large selection of athletic, casual, and work footwear. Hacketts also carries domestics, home decor, gifts, seasonal merchandise and sporting goods. Hacketts full service hardware department features traditional hardware, tool, plumbing, paint and electrical departments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation makes equity, equity-related, and debt investments in companies that require expansion capital and in companies pursuing acquisition strategies. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, and manufacturing, and Seaway will also consider select technology investments.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: Seaway Valley Capital Corporation

SWVC Hacketts' Day-after-Thanksgiving Sales Results Exceed Expectations

2007-11-26T05:59:00.004-08:00

CBGC Canadian Blue Gold, Inc. Announces Launching of a Private Label Fund Raising Program in Orlando

2007-11-26T05:59:00.003-08:00

Canadian Blue Gold, Inc. Announces Launching of a Private Label Fund Raising Program in OrlandoMarket Wire "US Press Releases "
ORLANDO, FL -- (MARKET WIRE) -- 11/26/07 -- Canadian Blue Gold, Inc. (PINKSHEETS: CBGC) today announced the launching of the Company private label fund raising program in Orlando. Newly appointed CEO, Mr. Allain Barrière has met with several organizations last week in Orlando to launch the Company's new innovative private label fund raising program. The Company has structured this program targeting 3 key objectives.
The first objective is to develop Canadian Blue Gold's corporate exposure in the US Market. The second objective is to reach the American consumer market by positioning Norwa's high-end water products while taking an active role in local communities. The final objective is to help not-for-profit and charitable organizations to raise funds through a new innovative and healthy approach.
Mr. Allain Barrière has recently been recognized and honored by the community for his charitable work and involvement, and his devotion to society for his fund raising efforts in support of two local organizations. The not-for-profit groups that have benefited from Mr. Barrière's generosity on behalf of Canadian Blue Gold are:
-- Men with Hearts, an organization that regroups men, women and couples
in search of real changes and equilibrium in their daily lives. The main
themes raised are sources of power, personal identity, strength and
sensitivity, self esteem, relations between parents and children/man and
woman, etc.
-- Les Grèves de Contrecoeur, a well-known "Summer Camp" for
underprivileged families, children and seniors and members of broken,
conflicted and dysfunctional families. The activities promoted at that Camp
are all related to the development of self esteem, creativity, social life,
one's competencies and love and respect for environment.

Mr. Barrière has provided valuable fund raising dollars to these groups close to his heart through the private labeling of Canadian Blue Gold's line of natural spring bottled water from Northern Quebec. Private Labeling of the Company's award-winning drinking water has proven to be a good source of initial sales and revenues for Canadian Blue Gold's expanding operations. Barrière intends to continue growing this particular segment of the corporation via his charitable involvements, and now in Florida's community programs.
Allain Barrière brings experience gained through a long and illustrious career to his current position at Canadian Blue Gold. For 18 years he has acted as a key figure in sales and marketing for Labatt Breweries, the 150+ year old beverage company based in Quebec. It was in this position, as well as others similar to it, where Barrière gained what he calls "a comprehensive expertise" in the beverage distribution business; this is something the Company feels will help move along its brands acceptance initiatives, and lead to an eventual and substantial increase in shareholder value for Canadian Blue Gold, Inc.
For more information on Canadian Blue Gold, please visit the Company corporate Web site at: www.canadianbluegold.com or contact investor relations at: Investor Communications Representatives at Canadian Blue Gold's Investor Relations firm Equiti-Trend Advisors. Reps are available on market days from 9:30 a.m. to 5:30 p.m. EST by calling (800) 953-3350.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission. Contact:
Investor Relations
Equiti-Trend Advisors
www.canadianbluegold.com
(800) 953-3350

HOKU Hoku and Solarfun Sign $306 Million Polysilicon Supply Contract

2007-11-26T05:59:00.001-08:00

Hoku and Solarfun Sign $306 Million Polysilicon Supply ContractMarket Wire "US Press Releases "
POCATELLO, ID and QIDONG, CHINA -- (MARKET WIRE) -- 11/26/07 -- Hoku Scientific, Inc. (NASDAQ: HOKU), a diversified provider of clean energy products and technologies including polysilicon for the solar industry, and Solarfun Power Hong Kong Limited, a subsidiary of Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF), an established manufacturer of both photovoltaic (PV) cells and modules in China, today announced the signing of a definitive contract for Hoku's sale and delivery of polysilicon to Solarfun over an eight-year period beginning in mid-2009.
Under the contract, up to approximately $306 million may be payable to Hoku during the eight-year period, subject to product deliveries and other conditions. The contract provides for the delivery of predetermined volumes of polysilicon each year, with the first shipment in the second half of 2009 and continuing over an eight-year period from the first shipment, at set prices that will decline throughout the term of the agreement. The contract also provides for an initial deposit of $10 million to Hoku on or before December 28, 2007, and requires that Solarfun make additional prepayments for products in the aggregate amount of $45, which are to be paid to Hoku in three installments: the first payment is due on September 30, 2008, and the final payment is due on March 31, 2010. The $45 million prepayment amount is to be placed in an escrow account by Solarfun, or secured by a letter of credit from Solarfun's bank, on or before January 10, 2008. Under the agreement, Hoku will grant to Solarfun a security interest in its polysilicon assets to secure Hoku's obligation to repay $55 million to Solarfun as a credit against product shipments over time.
"We are pleased to have established this relationship with Solarfun, a rising star in the solar industry," said Dustin Shindo, Chief Executive Officer of Hoku Scientific. "Their long-term strategic direction and their aggressive expansion plans make them an ideal partner for Hoku."
"Hoku has built a solid reputation as a leader among the new entrants in the polysilicon field and we are extremely confident in their ability to meet our long term polysilicon requirements," said Solarfun's Chairman Lu Yonghua. "This contract will help us realize our anticipated manufacturing cost advantages through our previously disclosed vertical integration and capacity expansion plans."
Hoku is in the process of building a polysilicon plant in Pocatello, Idaho that is being designed for annual production up to approximately 2,500 metric tons of polysilicon. Hoku is currently planning a Phase II expansion of the polysilicon plant to expand capacity beyond 2,500 metric tons. Hoku's customers, including SANYO Electric Co., Ltd., Suntech Power Holdings Co., Ltd., Global Expertise Wafer Division Ltd. -- a subsidiary of Solar-Fabrik AG -- and Solarfun, have collectively agreed to purchase approximately $1.5 billion in polysilicon over a seven to ten year period.
"Signing this contract with Solarfun is the first order we have accepted for Phase II of our polysilicon business, which will include additional production capacity in excess of the 2,500 metric tons of annual capacity that is included in our Phase I development," concluded Dustin Shindo. "The ultimate capacity of our Phase II expansion, in excess of the volumes we have committed to Solarfun, will be determined based on the total contracts we sign with other customers over the next several months."
About Hoku Scientific, Inc.
Hoku Scientific, Inc. (NASDAQ: HOKU) is a diversified clean energy technologies company with three business units: Hoku Materials, Hoku Solar and Hoku Fuel Cells. Hoku Materials plans to manufacture, market, and sell polysilicon for the solar market from its plant currently under construction in Pocatello, Idaho. Hoku Solar is a provider of turnkey photovoltaic systems in Hawaii. Hoku Fuel Cells has developed proprietary fuel cell membranes and membrane electrode assemblies for stationary and automotive proton exchange membrane fuel cells. For more information visit www.hokuscientific.com.
Hoku® and Hoku Scientific® are registered trademarks and Hoku Materials(TM) is a trademark of Hoku Scientific, Inc.
About Solarfun Power Holdings Co., Ltd.
Solarfun Power Holdings Co, Ltd. (NASDAQ: SOLF) manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China. Solarfun produces both monocrystalline and multicrystalline silicon cells and modules, and manufactures 100% of its modules with in-house produced PV cells. Solarfun sells its products both through third-party distributors, OEM manufacturers and directly to system integrators. Solarfun was founded in 2004 and its products have been certified to TUV and UL safety and quality standards. For more information visit www.solarfun.com.cn.
Forward-Looking Statements
This press release contains forward-looking statements that involve many risks and uncertainties. These statements relate to Hoku Scientific's ability to successfully derive revenues from the sale of polysilicon to Solarfun, Sanyo, Suntech and Global Expertise Wafer Division; its ability to successfully raise sufficient funds to establish a polysilicon manufacturing plant; its ability to engineer and construct a production plant for polysilicon, including its planned Phase II expansion; Hoku Scientific's relationships with Solarfun, Sanyo, Suntech, Global Expertise Wafer Division, and other contracting parties; its ability to manufacture polysilicon; its ability to meet the delivery schedule in its agreement with Solarfun; its ability to sign additional contracts for the sale of polysilicon; the quality of polysilicon to be manufactured; Hoku Scientific's costs to manufacture polysilicon, and its ability to offer pricing that is competitive with competing products; Solarfun's vertical integration and capacity expansion plans; Hoku Scientific and Solarfun's respective future financial performance; their business strategies and plans; and objectives of each company's management for future operations. In some cases, you can identify forward-looking statements by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause Hoku Scientific's actual results, performance, time frames or achievements to be materially different from any future results, performance, time frames or achievements expressed or implied by the forward-looking statements. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-looking statements. In evaluating these statements, you should specifically consider the risks described in Hoku Scientific and Solarfun's respective filings with the Securities and Exchange Commission, as applicable. Except as required by law, neither Hoku Scientific nor Solarfun assume any obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. CONTACTS for Hoku Scientific:
In Hawaii:
Hoku Scientific
Tel: 808-682-7800
Email Contact
CONTACTS for Solarfun Power Hong Kong Limited
Solarfun Power Holdings Co., Ltd.
Investor Relations
8621-6306-8907
Email Contact
or
Christensen
Peter Homstad
Email Contact
480 614 3000
or
Shelldy Cheung
852-2117 0861
Email Contact

LLBT Lifeline Biotechnologies, Inc. Receives Update on Development Status of First Warning System(TM)

2007-11-26T05:58:00.002-08:00

Lifeline Biotechnologies, Inc. Receives Update on Development Status of First Warning System(TM)Business Wire "US Press Releases "
RENO, Nev.--(BUSINESS WIRE)--
Lifeline Biotechnologies, Inc. (Pink Sheets:LLBT) today announced that the Company will be meeting with the Managing Engineer of Nanyang Technical University this week to receive an update on the development status of the First Warning System(TM) (FWS). The expected advancements could facilitate women who have periodic FWS breast examinations by classifying them as normal, suspicious or positive for breast cancer.
The underlying technology, upon which the FWS is based, holds the possibility of eliminating over 90 percent of unnecessary breast biopsies performed each year in the U.S. providing a potential savings of up to $2.8 billion annually. The First Warning System(TM) could also conceivably eliminate the need for many of the newly suggested MRIs thereby providing additional savings.
"We look forward to meeting with the Managing Engineer to review their findings to date. This information will be needed to support Lifeline's application for the 510(k). Upon clearance of the 510(k) by the U.S. Food and Drug Administration (FDA), Lifeline could begin marketing the First Warning System(TM)," stated Jim Holmes, CEO of Lifeline Biotechnologies, Inc.
Lifeline recently announced that the Company has been in discussions with various firms to help with the preparation of filing the 510(k) with the FDA. The selected firm will help with the verification and validation guidelines, and the Company expects to announce its selection soon.
About Lifeline Biotechnologies, Inc:
Lifeline Biotechnologies, Inc. is an innovative medical technology company that is focused on completing the development of the First Warning System(TM), which was designed to assist in the early detection of breast cancer. Of the approximately $138 billion spent on cancer each year, Lifeline could potentially save the healthcare industry up to $4.1 billion annually, assuming the following are successfully completed: the development of the First Warning System(TM), the completion of clinical trials and FDA pre-marketing clearance. Lifeline competes in the money markets for funds to support the development of its product. The cost of funds, for early stage companies like Lifeline, are expensive and the terms have been, and may continue to be, dilutive.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Source: Lifeline Biotechnologies, Inc.

DMHN Dynamic Media Holdings, Inc. Secures Additional Distribution Outlets for Its Flagship Publication

2007-11-26T05:58:00.001-08:00

Dynamic Media Holdings, Inc. Secures Additional Distribution Outlets for Its Flagship PublicationMarket Wire "US Press Releases "
MANALAPAN, NJ -- (MARKET WIRE) -- 11/26/07 -- Dynamic Media Holdings, Inc. (PINKSHEETS: DMHN) announced today that it is continuing to expand distribution outlets for its flagship publication, "New Jersey Home & Style." Tom Corday, President of Publishers Consulting Group, is heading up the newsstand and retail distribution. Working closely with Kable Distribution Services, we are pleased to confirm the following outlets for distribution:
QuickChek
Eckerd
Rite Aid
Acme
A&P Metro
Stop & Shop
Waldbaums
Shoprite
Pathmark
Bruce Schoengood, CEO of Dynamic Media, says, "Adding such popular retail chains and outlets will increase visibility and availability of our magazine and continue to make our product a known, branded name. We will work to continue to increase our visibility and positioning in the marketplace which will strengthen our consumer and advertising base."
About New Jersey Home & Style
This glossy, full-color magazine takes readers on a wonderful tour taking by taking them inside interesting, tasteful, inventive, beautiful and awe-inspiring homes. All of us have driven by houses and wondered what they look like inside. NJH&S brings you right through those front doors and into those beautiful homes. Homeowners take a great deal of pride in designing and decorating their homes and we help bring their experience to you. Each issue of NJH&S brings you spectacular home photo layouts and spotlights award-winning interior and landscape designers, artists, home renovation specialists and showrooms. We supply readers not just with entertainment but with the education, insight and motivation to tackle any home project. "New Jersey Home & Style" plans to expand the editorial scope of the magazine to include issues, events, programs and solutions that contribute to better living and a better quality of life. By doing so, Dynamic Media plans to expand the magazine advertising base, subscription base and outlets that distribute the magazine.
NJH&S is on sale in bookstores, on newsstands and in retail chains throughout New Jersey and the tri-state region.
> About Dynamic Media Holdings, Inc.
Dynamic Media Holdings, Inc. will continue to aggressively expand in the publishing sector. It plans to introduce several new products to the marketplace. In addition to magazines, the company is executing a strategy of using its core products to springboard and launch a diverse array of ancillary products thereby maximizing its product branding and potential. "It is a very exciting time and opportunity," CEO Schoengood states. "We plan to initiate a comprehensive strategy to the marketplace launching cutting-edge websites and strong online presence as well as penetrating the traditional brick and mortar sectors and avenues." "New Jersey Home & Style" is on sale in bookstores, on newsstands and in retail chains throughout the entire tri-state state. More information is available at the company's website at www.dmhninc.com
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future events or revenues depend upon our ability to develop and supply products, which we may not produce today and that may need to meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. For more information
M&M Investor Relations:
Dominic Martinez
(866) 508-2092 toll free
(719) 784-2092 direct
Dominic@mandminvestorrelations.com

ENCS ncore Energy Systems Issues Positive Stockholder Update on Rapid Growth

2007-11-20T05:27:00.002-08:00

ncore Energy Systems Issues Positive Stockholder Update on Rapid GrowthPR Newswire "US Press Releases "
BRIGHTON, Mich., Nov. 20 /PRNewswire-FirstCall/ -- Encore Energy Systems, Inc. (Pink Sheets: ENCS), a rapidly growing diversified energy company issued a stockholder update. The company has and will continue to release frequent updates on its progress: Accomplishments and Updates:
1. The Lake Travis project completed with nearly 140 of the Company's
DeMarco Energy Miser systems delivered.
2. Combined USA sales projections of $225,000,000 spanning numerous small
and large clients including national corporations with multiple
locations.
3. Anticipates a $0.05 EPS by calendar year-end 2008 based on a successful
execution of 50% of the current aggregate sales pipeline.
4. International Distribution Agreements to provide exclusive territory
rights to import our solutions and our patented DeMarco Energy Miser
System.
5. Expanded our product depth and announced a partnership with a
prestigious engineering firm
6. New residential installations are underway at our Lake Flato project
resulting in six additional DeMarco Energy Miser Units ordered for
installation.
7. Became a Sales Partner for the Caribbean and South East Florida for
AMK-SOLAC
8. Strengthened senior executive depth by new appointments
9. Obtained a new Strategic Partner for its Florida and Caribbean
expansions.
A continuation of our achievements containing more detail can be viewed at the company website. http://www.encoreenergyinc.com
About the Company
The Company owns the patent for the use of grey-water in heat exchanger systems and grows through energy-related acquisitions, marketing its patented heating/cooling systems, and sales of energy conservation solutions. The Company builds revenues through the sales and licensing of its patent on the use of grey-water in heat-exchangers.
The company's unique patented system has been installed in various public buildings and military facilities in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. Encore's primary focus is to provide energy efficient technologies to commercial and institutional markets that result in significant energy and cost savings. For more information, visit http://www.encoreenergyinc.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's web-site version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision. Contact:
Encore Energy Systems, Inc.
Investor Relations
1-888-234-0963
info@encoreenergyinc.com
SOURCE Encore Energy Systems, Inc.

CGDF Colombia Goldfields Ltd. Signs Letter of Intent To Acquire Colombia Gold PLC

2007-11-20T05:27:00.001-08:00

Colombia Goldfields Ltd. Signs Letter of Intent To Acquire Colombia Gold PLCCanada NewsWire "All News "
TORONTO, Nov. 20 /CNW/ - Colombia Goldfields Ltd. (the "Company") (TSX: GOL/OTCBB: CGDF) today announced it has entered into a letter of intent to acquire Colombia Gold PLC. Completion of the transaction is subject to the negotiation and execution of a definitive agreement, satisfactory completion of technical, financial, legal and other commercial due diligence and customary conditions, including all shareholder, court, and regulatory approvals.
Colombia Gold PLC is a privately held UK company whose main assets are the mining rights to the Echandia property adjacent to Marmato Mountain. Colombia Gold is in the process of completing a NI 43-101 compliant technical report.
"We are very excited about this potential acquisition and how it reinforces the Company's strategy of consolidation of the Marmato Gold District," said J. Randy Martin, Chief Executive Officer and Vice Chairman of Colombia Goldfields Limited. "It would be an important acquisition for our Company as it would increase our resource base as well as provide additional access to the same ore body as our current project. Colombia Goldfields remains committed to the exploration and development of a new gold district surrounding the Marmato Mountain."
About Colombia Goldfields

VOYT Voyant and Wysiwyg Partner to Drive Digital Content Delivery Business

2007-11-20T05:26:00.005-08:00

Voyant and Wysiwyg Partner to Drive Digital Content Delivery BusinessMarket Wire "US Press Releases "
PALO ALTO, CA and LONDON -- (MARKET WIRE) -- 11/20/07 -- Voyant International Corporation (OTCBB: VOYT), a diversified media and technology holding company dedicated to improving the quality of the digital world for both businesses and consumers, and Wysiwyg Distribution, Ltd., a leading provider of digital distribution services for broadcast quality media content, announced today that they have signed partnership agreements intended to increase the content library of Wysiwyg and the entertainment industry market reach of Voyant's RocketStream, Inc. subsidiary.
Under the agreement terms, Voyant Productions, a business unit of Voyant International, will take an active role in aggregating high-quality motion-picture content into Wysiwyg's digital services business. This business provides original content producers with a turn-key path to the digital marketplace. Content producers supply their content, and Wysiwyg provides the technology and resources for monetization. Wysiwyg increases the efficiency of legacy distribution processes, provides original services and creates multiple revenue streams by monetizing every aspect of the content creation and delivery process.
Furthermore, Wysiwyg will also take an active role in promoting the RocketStream(TM) data transfer acceleration software suite to its entertainment-industry customers. RocketStream's fast, reliable, secure, and seamless solutions can provide more than 100x acceleration over traditional file transfer methods like FTP at a fraction of the price of competing hardware-based solutions. RocketStream's Window-compatible software has been available since March 2007, and a Macintosh-compatible version is currently being released to over one hundred beta registrants.
"We were among the first beta testers of RocketStream's new Macintosh-compatible release, and the speed is fantastic," said Tom Swanston, CEO of Wysiwyg. "In our discussions with the Voyant management team, we found many synergies between Voyant Productions, Wysiwyg, and RocketStream that we are now only beginning to leverage."
"Wysiwyg is a visionary company focused on providing value to their customers in a simple and compelling manner," said Mark Laisure, chairman of the board for Voyant and head of Voyant Productions. "This business fits with our vision of streamlining and enhancing the digital world, from content production all the way to the consumer. We look forward to a long and mutually beneficial relationship."
Together the two businesses intend to revolutionize the content creation and distribution process, allowing fast, economic, digital delivery of content without the need to ship any physical materials in the form of DVDs, hard drives, tapes or even film reels.
About Voyant
Voyant is a media and technology holding company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions to empower, enhance, and enrich our digital world. The company works with strategic partners in the technology and entertainment sectors to locate, partner with, and acquire complementary technologies and media assets that position the company in the value chain from content creation to direct distribution to the consumer. More information can be found at www.voyant.net. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, news alerts and other pertinent information, please register at www.voyant.net/investorpass.
About Wysiwyg
Wysiwyg facilitates the film and television industry's transition to full digital media production and distribution by providing necessary services and technology to the entire supply chain. Wysiwyg is a full-service B2B and B2C digital video distribution business, providing encoding, transcoding, distribution, tagging, search and delivery. The company is a service specialist for narrative content -- film, documentary and TV -- in the rapidly expanding global independent video production industry, providing content to audiences around the world. More information can be found at www.wysiwygfilms.com
Safe Harbor
This news release contains forward-looking statements, including but not limited to, those that refer to the companies' future development plans or operating results. Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of products, services and technologies; inadequate capital; adverse government regulations; competition; breach of contract; failure to secure mutual corporate cooperation; inability to earn revenue or profits; dependence on and retention of key individuals; legal action barring our employment of key individuals; inability to obtain or protect intellectual property rights; lower sales and higher operating costs than expected; technological obsolescence of the companies' products; limited operating history and risks inherent in the company's markets and business and other factors discussed on our website on the "Investors" page, in our most recent Annual Report on Form 10-KSB and our Quarterly Reports on Form 10-QSB filed with the SEC. Investors are advised to read our Annual Report, quarterly reports and current reports on Form 8-K filed after our most recent annual or quarterly report. The forward-looking statements in this press release represent our current views as of the dates of individual pages and we disclaim any obligation to update these forward-looking statements. Voyant Media and Investor Contacts:
Sean Collins
CCG Investor Relations
310-477-9800, ext. 202
Sean.Collins@ccgir.com
Howard Gostfrand
American Capital Ventures
305-918-7000
info@amcapventures.com
Wysiwyg Media and Investor Contact:
Hall Risk
Cinemedia Capital, LLC
702-430-7773
hrisk@cinemediacapital.com

LWLL inkwell Corporation Announces Record Sales and Earnings for the Third Quarter of 2007

2007-11-20T05:26:00.003-08:00

inkwell Corporation Announces Record Sales and Earnings for the Third Quarter of 2007PR Newswire "US Press Releases "
SHANGHAI, China, Nov. 20 /Xinhua-PRNewswire-FirstCall/ -- Linkwell Corporation (OTC Bulletin Board: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, today announced its financial results for the third quarter ended September 30, 2007.
The Company recorded revenues of approximately $3.37 million for the third quarter of 2007; a 77% increase from $1.90 million recorded for the third quarter of 2006. The income from operations is $10,650 for the third quarter of 2007, Net income decreased to a loss of $82,331 for the third quarter of 2007, compared to net profit of $332,520 for the third quarter of 2006. The shareholders equity increased to approximately $5.9 million.
For more details about Linkwell's financial performance, please review the 10-QSB filed with the United States Securities and Exchange Commission. Linkwell's Chief Operation Officer, Mr. Huang ChunMing, stated, "We are pleased with our operating performance in the third quarter of 2007 and we are moving ahead according to our plan."
"The reason why our income from operations and net income decreased is that we continually strengthen market position through accelerated development and promotion. For the nine months ended September 30, 2007, the selling expenses of our company increased approximately 135% compared to the same period of 2006."
"We expensed the remaining part of the deferred consulting fee for China Direct Investment, Inc., nearly $352,500 in this quarter, due to the termination of the service contract. The consulting fee was to be amortized over three years until the end of 2009."
"We believe that we can gain from these early stage investments. Meanwhile, we will continue to work hard to maximize our shareholders' value."
About Linkwell Corporation
Linkwell Corporation develops, manufactures, and distributes disinfectant healthcare products in China through its subsidiary Shanghai Likang Disinfectant High Tech Company ('Likang'). Linkwell's disinfectant healthcare products are a nationally recognized domestic Chinese brand in this market segment. Linkwell products include disinfectants in liquid, tablet, powder and aerosol form. Through Likang, Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special m

EYTL Energy Telecom, Inc.'s Technology Partner, BITwave PTE., LTD., Announces World's Smallest Virtual Microphone Array for Superior Noise and Acoust

2007-11-20T05:26:00.001-08:00

Energy Telecom, Inc.'s Technology Partner, BITwave PTE., LTD., Announces World's Smallest Virtual Microphone Array for Superior Noise and Acoustic Echo CancellationPrimeNewswire "PrimeNewswire "
MIAMI BEACH, Fla. and SINGAPORE, Nov. 20, 2007 (PRIME NEWSWIRE) -- Energy Telecom, Inc. (Pink Sheets:EYTL) (www.energytele.com) announced today that its technology partner in Singapore, BITwave Private Limited, has launched a new `Virtual Microphone Array' technology.
This new invention presents a wide range of speech input system applications for devices such as personal mobile systems (3G phone, PDA phone and tablets), safety and military helmets, and Energy's communication eyewear for industrial and recreational markets. BITwave continues to demonstrate its commitment to developing superior audio input technology for the world's civilian and military markets; technology and products that save lives, and, add value to wearers' every-day living standards.
Mr. S.K. Hui, president and CEO of BITwave, said: "I believe that mobile consumers not only need a smooth transition from home to vehicle, to office, and anywhere in between, but to communicate safely as well. An integral part of our plan is to apply cutting edge technology in military audio capturing and noise cancellation, with affordable Bluetooth technology for consumer use. BITwave is committed to strengthening its consumer portfolio, using a `Tactical to Practical' approach that will position BITwave as the leading provider of the next generation of speech input communication."
Mr. Tom Rickards, president of Energy Telecom, Inc., stated: "Energy Telecom is pleased and privileged to incorporate BITwave's new and superior noise and echo reduction technology in our family of wireless communication eyewear products. BITwave's innovation, along with our product's noise attenuating earpieces, will provide wearers with a whole new level of comfort, quality-of-listening, and safety."
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements. CONTACT: Energy Telecom, Inc.
Tom Rickards
305.865.9885
corporate@energytele.com
BITwave PTE., LTD.
S.K. Hui
(65) 6484 3497
huisk@bitwave.com.sg

AMRM Amarin Reports Third Quarter 2007 Financial Results

2007-11-20T05:25:00.000-08:00

Amarin Reports Third Quarter 2007 Financial ResultsPR Newswire "US Press Releases "
LONDON, November 20 /PRNewswire-FirstCall/ -- Amarin Corporation plc (NASDAQ: AMRN) ("Amarin" or "Company") today reported financial results for the third quarter ended September 30, 2007 and an update on its development pipeline.
For the third quarter of 2007, Amarin reported a net loss of $5.9 million, or $0.06 per share, compared with a net loss of $6.6 million, or $0.08 per share, in the third quarter of 2006. The decrease for the third quarter from the comparative period of 2006 is primarily due to the completion of the Phase III trials with Miraxion earlier this year.
For the nine months ended September 30, 2007, Amarin reported a net loss of $30.3 million or $0.32 per share, compared with a net loss of $21.7 million or $0.27 per share for the nine months ended September 30, 2006. The increase in the loss for the nine months compared to the comparative period in 2006 is primarily due to the previously announced write off of the Miraxion intangible asset of $8.8 million in the second quarter of 2007. Figures for the comparative periods have been restated to International Financial Reporting Standards ("IFRS"). For further information with respect to the application of IFRS to our accounts, please refer to our IFRS transition document available on our website and furnished to the SEC on Form 6-K.
Rick Stewart, chief executive officer of Amarin, commented, "The third quarter was extremely productive with the primary focus on clinical development activities. We are now planning up to five Phase II clinical trials from our high value neuroscience and cardiovascular programs over the next twelve months, with two to start imminently. In addition, two key value drivers are the initiation of our cardiovascular strategy and the announcement yesterday of the FDA response to the comprehensive analysis of the longer term data from the Huntington's disease Phase III trials."
Pipeline Update

AVUG OncoVista, Inc. Merges with Aviation Upgrade Technologies

2007-11-20T05:22:00.000-08:00

OncoVista, Inc. Merges with Aviation Upgrade TechnologiesBusiness Wire "US Press Releases "
SAN ANTONIO--(BUSINESS WIRE)--
OncoVista, Inc., a biopharmaceutical company dedicated to development of innovative, safe and efficacious treatments for cancer, today announced that it has merged with Aviation Upgrade Technologies. As a result, OncoVista's stock, for now, trades on the OTC Bulletin Board under the symbol AVUG.
On October 26, 2007, Aviation Upgrade Technologies (AVUG), which ceased all previous business operations on August 16, 2007, entered into an Agreement and Plan of Merger with OncoVista Acquisition Corp., a wholly owned subsidiary of OncoVista, Inc. On November 13, OncoVista Acquisition merged with and into a newly-formed, wholly-owned subsidiary of AVUG, and OncoVista is the surviving corporation. As a result of the merger, OncoVista, Inc. became the wholly-owned subsidiary of AVUG, and OncoVista's existing business operations became AVUG's sole line of business. The reverse merger is being accounted for as a recapitalization.
Alexander L. Weis, CEO of OncoVista, said, "We are very pleased to have completed this transaction, which makes OncoVista a public company engaged in bringing innovative cancer treatments to patients. We intend to develop treatments that increase patient survival rates and enhance patient quality of life due to their lower toxicity and/or greater efficacy. By commercializing our novel therapeutics, we plan to address a significant share of the market for cancer therapeutics in the US and the rest of the world."
Currently, OncoVista has a product pipeline comprised of Phase I and Phase II clinical-stage compounds, preclinical drug candidates and leads, and diagnostic kits marketed in Europe for the detection of circulating tumor cells (CTCs) in breast and colon cancer patients. The kits are manufactured by AdnaGen AG, in which OncoVista holds a 51% stake, and marketed through an agreement with Innogenetics. OncoVista is working with AdnaGen to secure approval to market the kits in the US.
OncoVista's lead product candidate is Cordycepin (OVI-123), which is in Phase I/II clinical trials for refractory leukemia patients who express the enzyme terminal deoxynucleotidyl transferase (TdT). The FDA has granted Orphan Drug designation to OncoVista for Cordycepin, giving the Company seven years of market exclusivity once the drug is approved for marketing. It is anticipated that the Company will enroll the first patient on trial in the first quarter of 2008.
The Company's lead drug candidate from the L-nucleoside conjugate program (OVI-117) is currently in GLP animal drug safety studies. Upon completion of the studies, OncoVista will compile and submit an Investigational New Drug (IND) application to the FDA in order to start Phase I clinical trials in humans.
In addition to conducting clinical trials, the Company intends to perform pre-clinical studies to increase its understanding of the mechanism of action of its products in cancer. It will also investigate and develop alternative delivery systems and determine the optimal dosage for different patient groups. The Company will also demonstrate proof of concept in animal models of human cancers and develop biomarker panels that will facilitate the development of its therapeutic products.
About OncoVista, Inc.
OncoVista is a biopharmaceutical company engaged in the development and rapid commercialization of innovative targeted therapies for safe and efficacious treatment of cancer. For more information, please visit http://www.oncovista.com
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. The above information does not guarantee any successful closing of new business. No assurances can be given that any projections related to gross revenues or profit margins will be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Source: OncoVista, Inc.

EGHT 8x8, Inc. Launches Packet8 MobileTalk(TM) International Calling Service for Mobile Phone Users

2007-11-19T05:43:00.005-08:00

8x8, Inc. Launches Packet8 MobileTalk(TM) International Calling Service for Mobile Phone UsersPR Newswire "US Press Releases "
SANTA CLARA, Calif., Nov. 19 /PRNewswire-FirstCall/ -- 8x8, Inc. (Nasdaq: EGHT), provider of Packet8 (http://www.packet8.net) broadband Voice over Internet Protocol (VoIP), videophone and mobile VoIP communication services, today announced the launch of Packet8 MobileTalk(TM), an easy to use mobile calling service that offers a simple, affordable and high quality digital voice solution to overseas calling.
Packet8 MobileTalk utilizes a downloadable software application that can currently reside on any Windows, Palm or Symbian based mobile phone to seamlessly connect international calls from the mobile phone to the Packet8 digital VoIP network. Routing these calls over the Packet8 network enables cell phone users to significantly reduce their international phone bills and maintain high international voice quality while still enjoying the convenience and flexibility of mobile calling.
"Packet8 MobileTalk is a breakthrough application that dramatically improves the international mobile calling experience from start to finish," said 8x8 Chairman and CEO Bryan R. Martin. "Most mobile phone users typically avoid placing overseas calls from their cell phones because of the exorbitant rates their mobile carriers are charging. With Packet8 MobileTalk, subscribers won't think twice about calling Europe or Asia because instead of $1.00 to $3.00 per minute, they will be paying as little as $.02 to $.05 per minute over the Packet8 network to most destinations. With more than 340 mobile phones from any cell phone carrier currently supported, the Packet8 MobileTalk service is a vital tool for mobile business professionals and consumers."
Unlike calling card, callback and other reduced-rate international mobile calling services, which require the user to dial numerous key strokes in addition to their destination number or make their calls through cumbersome software applications, Packet8 MobileTalk users can dial calls directly and natively from their mobile handset, contact list or speed dial directory with no additional keystrokes - a significant advantage when, for example, placing a call while driving. Once the destination number is dialed or selected, the Packet8 MobileTalk software application identifies the international prefix being called and redirects the call to a local Packet8 network access number. With Packet8 MobileTalk, all calls are carried to the Packet8 network over the subscriber's existing cellular voice phone service and do not require access to an expensive monthly data plan or WiFi access point. Packet8 MobileTalk calls offer unparalleled voice quality as the calls are routed over the award- winning, patent-protected Packet8 digital phone VoIP network.
Customers can sign up for a Packet8 MobileTalk account today at http://mobiletalk.packet8.net and download the application to their mobile device from a PC or, if the customer's existing mobile service plan includes data service, via a quick over-the-air software download.
Customers do not have to subscribe to other Packet8 VoIP or videophone services in order to sign up for Packet8 MobileTalk, though discounted service fees are offered to existing Packet8 VoIP or MobileTalk subscribers. There is a one-time $9.99 activation fee for the service and a monthly fee of $9.99 for non-Packet 8 subscribers. Existing Packet8 VoIP subscribers, including subscribers with one Packet8 MobileTalk account, pay a monthly service fee of $4.99. Packet8 MobileTalk overseas calls are billed at Packet8's low international rates which can be found at http://www.packet8.net/international_services/. To view a demo of Packet8 MobileTalk go to http://mobiletalk.packet8.net/demo.html.
About 8x8, Inc.
8x8, Inc., the second largest standalone VoIP service provider in the U.S., offers internet-based telephony solutions (http://www.packet8.net) for individual residential and business users as well as small to medium sized business organizations. In addition to regular Packet8 VoIP service plans priced as low as $24.99 per month for unlimited anytime calling to the U.S., Canada and eight additional countries, 8x8 offers the Packet8 Tango Video Terminal Adapter along with accompanying monthly service plans also priced at $24.99 per month. Packet8 Virtual Office, 8x8's VoIP phone system for small to medium sized businesses, is a hosted PBX solution comprised of powerful business class features. Companies subscribing to Virtual Office pay just $49.99 per month per extension for enterprise class PBX functionality along with unlimited local and long distance calling in the U.S. and Canada. The Packet8 Complete Contact Center(TM) is a hosted multimedia call center distribution and management platform that works with any broadband Internet service and provides enterprise class contact center functionality combined with Virtual Office hosted iPBX calling features and business calling plans. Packet8 Softalk Office(TM), 8x8's PC-based soft phone client, offers high quality voice and video in-network calling as well as outbound calling to the PSTN. Packet8 MobileTalk(TM) is a breakthrough mobile service that dramatically improves the overall mobile international calling experience by routing overseas mobile phone calls over the award-winning, patent-protected Packet8 digital VoIP network. For additional company information, visit 8x8's web site at http://www.8x8.com.
NOTE: 8x8, the 8x8 logo, Packet8, the Packet8 logo, Packet8 Virtual Office, Packet8 Softalk, Packet8 Tango and Packet8 MobileTalk are trademarks of 8x8, Inc. All other trademarks are the property of their respective owners.
SOURCE 8x8, Inc.

FCMC Marshall & Ilsley Corporation Details Relationship With Franklin Credit Management

2007-11-19T05:43:00.003-08:00

Marshall & Ilsley Corporation Details Relationship With Franklin Credit ManagementPR Newswire "US Press Releases "
MILWAUKEE, Nov. 19 /PRNewswire-FirstCall/ -- As a result of recent announcements by Franklin Credit Management Corporation (Nasdaq: FCMC) (Franklin) and Huntington Bancshares Incorporated (Nasdaq: HBAN) regarding the deterioration in Franklin's mortgage portfolio, Marshall & Ilsley Corporation (NYSE: MI) (M&I) has undertaken and is continuing a review of M&I's credit relationship with Franklin. At October 31, 2007, M&I's total credit exposure to Franklin and its wholly-owned subsidiary, Tribeca Lending Corp (Tribeca), was $282 million. All of M&I's loans to Franklin and Tribeca were current and performing as of October 31, 2007.
M&I's loans to Franklin and Tribeca are secured by pools of first and second priority residential mortgages. With regard to the underlying mortgage pools securing M&I's loans to Franklin, $97 million were originated prior to 2005 and are performing substantially within originally projected loss expectations. With regard to the underlying mortgage pools securing M&I's loans to Tribeca, all $62 million of such pools are performing within originally projected loss expectations. With respect to the remaining approximately $123 million in the underlying mortgage pools securing M&I's loans to Franklin, more than half of such amount is current and performing, and any losses imbedded in the remaining amount are not expected to be material to M&I's financial results.
"We have been in ongoing discussions with Franklin management, and we continue to monitor this credit closely," stated Mark Hogan, M&I's Chief Credit Officer. "As is consistent with our traditional credit discipline, we will evaluate known and probable loss exposures in this and our other consumer portfolios and will take actions as prudent and necessary."
Marshall & Ilsley Corporation (NYSE: MI) is a diversified financial services corporation headquartered in Milwaukee, Wis. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin-based bank, with 193 offices throughout the state. In addition, M&I has 49 locations throughout Arizona; 30 offices along Florida's west coast and in central Florida; 14 offices in Kansas City and nearby communities; 22 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; three offices in Tulsa, Okla.; and one office in Las Vegas, Nev. M&I's Southwest Bank subsidiary has 17 offices in the greater St. Louis area. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet (http://www.mibank.com or http://www.micorp.com). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry.
This press release contains forward-looking statements concerning M&I's future operations and financial results. Such statements are subject to important factors that could cause M&I's actual results to differ materially from those anticipated by the forward-looking statements. These factors include (i) the factors identified in M&I's Annual Report on Form 10-K for the year ended December 31, 2006 under the heading "Forward-Looking Statements" which factors are incorporated herein by reference, and (ii) such other factors as may be described from time to time in M&I's SEC filings.
SOURCE Marshall & Ilsley Corporation

CDTR Cardtrend International, Inc. Continues Significant Revenue Growth

2007-11-19T05:43:00.001-08:00

Cardtrend International, Inc. Continues Significant Revenue GrowthMarket Wire "US Press Releases "
HONG KONG -- (MARKET WIRE) -- 11/19/07 -- Cardtrend International Inc. ("Cardtrend") (PINKSHEETS: CDTR), today announced that it has filed its quarterly report (10QSB) for the quarter ended September 30, 2007.
Revenues reported for the quarter were $447,336 as compared with $12,911 for the same quarter in 2006. This brings revenues for the nine months ended Sept. 30, 2007 to $1,211,714 as compared with $60,429 for the same period in 2006. Also for the same nine-month period in 2007 Cardtrend reported a total gross profit of $390,914, as compared to $38,287 for the same period in 2006.
KK Ng, President & CEO of Cardtrend, commented, "Our third quarter 2007 results continue the upward trend in both revenue and gross profit that were established in the fourth quarter of 2006. We remain focused on advancing this positive trend through the fourth quarter of 2007. Our recently announced transactions relating to Global Uplink in Guangzhou, China will generate our initial revenues from the Chinese market in the fourth quarter, as well as increase our opportunities for future growth in China."
ABOUT CARDTREND INTERNATIONAL INC.
Cardtrend International Inc. ("Cardtrend") is a US public company with executive offices in Hong Kong. Its business activities are focused on the payments and loyalty-rewards industries in China and throughout Asia. Cardtrend's wholly-owned foreign enterprise in Shanghai serves as its business development vehicle in China and through other subsidiaries Cardtrend operates in multiple locations across Asia. In line with its long-term growth strategy, Cardtrend is organized into three synergistic business units: Cards Business, Prepaid Business and Processing Business. For more information please visit Cardtrend's corporate website (www.cardtrend.com). Cardtrend trades on the Pink Sheets (www.PinkSheets.com) under the stock symbol CDTR. Contact:
KK Ng
President & CEO
Cardtrend International Inc.
(866) 877-2729
Email Contact

BWNR Brownstone Announces Property Acquisition

2007-11-19T05:42:00.006-08:00

Brownstone Announces Property AcquisitionMarket Wire "US Press Releases "
TORONTO -- (MARKET WIRE) -- 11/19/07 -- Brownstone Resources Inc. (PINKSHEETS: BWNR), a junior mineral resource exploration and development company, announces that as part of the company's ongoing restructuring and building efforts, the company has entered into an LOI/option agreement to acquire a 50% interest in a group of prospective uranium mining claims. The 14 claims are located just outside of the town of Elliot Lake, in the Sault Ste Marie mining district of Northern Ontario, Canada.
The town of Elliot Lake and the surrounding areas are well known for hosting significant mineral deposits, and are home to several large scale mining operations for copper and uranium.
During the past few years the areas that surround Elliot Lake have been the focus of intense geophysical surveying programs conducted by the Canadian government's Ministry of Northern Development and Mines (report titled; "Recommendations for Mineral Exploration 2005-2006" MNDM) as well as countless independent follow up programs that have been conducted by several mid to large sized mining companies.
The purpose of the MNDM report was to provide a better understanding of the geological compositions of the area, to make recommendations, and to help "stimulate and facilitate mineral exploration and the sustainable development of Ontario's mineral resources" (MNDM 2005-2006 report).
The results and recommendations of the government survey has lead to increased prospecting and surveying, which has lead to an unprecedented amount of claims being staked in the area, in 2007.
"We are excited about the prospects of the Iron Bridge group of claims. The entire area, covering hundreds of square kilometers, has been teaming with mining activity; hopefully we can be part of the success stories still to be written. Our team is continuing to build a portfolio of promising exploration and development stage mineral resource properties, and the Iron Bridge claims fit right in with what we are doing. Ultimately we hope to provide our shareholders with the measured leverage and exposure that will enable them to benefit from the increases occurring in the price of gold and uranium. There's more to come from Brownstone...we are in negotiations with another great prospective gold mining property, here in Canada, so we hope to have something on that sooner rather than later," said company president Ken Lamb.
The company will make further announcements on acquisitions and developments of the properties, as the information becomes available.
Please visit the company website for more information:
www.brownstonerresources.com
Forward Looking Statement
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.
Brownstone Resources Inc.
(416) 214 7847

CCBEF Clearly Canadian Lands Large U.S. Listing for New Enhanced Waters

2007-11-19T05:42:00.005-08:00

Clearly Canadian Lands Large U.S. Listing for New Enhanced WatersBusiness Wire "US Press Releases "
VANCOUVER, British Columbia--(BUSINESS WIRE)--
CLEARLY CANADIAN BRANDS (OTCBB: CCBEF) (the "Company") announced today that its new line-up of Natural Enhanced Waters (dailyEnergy, dailyVitamin and dailyHydration) have been listed with Casey's General Stores, a large Midwestern convenience store chain. Casey's owns and operates over 1,450 convenience stores in nine states.
"We continue to make progress with our new daily Natural Enhanced Waters line-up," stated Brent Lokash, CEO of Clearly Canadian, "With the addition of Casey's General Stores we will now have a strong presence for this product line throughout the Midwest, and we are pleased to be working with a company who's commitment to quality and service are second to none. Having only introduced the daily Natural Enhanced Waters earlier this year, it is encouraging that we continue to land major national retail accounts and open up new relationships with leading retailers."
About Clearly Canadian
Based in Vancouver, B.C., Clearly Canadian Brands markets premium alternative beverages, including Clearly Canadian(R) sparkling flavoured waters and Clearly Canadian dailyEnergy, dailyVitamin and dailyHydration Natural Enhanced Waters which are distributed in the United States, Canada and various other countries. Clearly Canadian's recent acquisition of DMR Food Corporation and My Organic Baby Inc. marks the Company's debut into organic and natural products with a full line of organic baby and toddler foods under the brand names My Organic Baby and My Organic Toddler and a wide range of dried fruit and nut snacks offerings from SunRidge Farms, Naturalife, Sweet Selections, Simply by Nature and Glengrove Organics brands. Additional information about Clearly Canadian may be obtained at www.clearly.ca.
Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes", "estimates", "potential", "predicts", "continue" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including but not limited to, the belief in the opportunities which can exist for our products and the revenue growth for the Company. These assumptions are subject to many risks, and actual results may differ materially from those currently anticipated. These risks included, by way of example and not in limitation, general economic conditions, changing beverage consumption trends of consumers, the Company's ability to generate sufficient cash flows to support general operating activities and capital expansion plans, competition, pricing and availability of raw materials, the Company's ability to maintain the current and future retail listings for its beverage products and to maintain favorable supply, production and distribution arrangements, laws and regulations and changes thereto that may affect the way the Company's products are manufactured, distributed and sold and other factors beyond the reasonable control of the Company. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission and with the British Columbia and Ontario Securities Commissions.
Source: Clearly Canadian Brands

WTCT Child Watch Network to Offer Line of Safety Products

2007-11-19T05:42:00.003-08:00

Child Watch Network to Offer Line of Safety ProductsMarket Wire "US Press Releases "
ASHEVILLE, NC -- (MARKET WIRE) -- 11/19/07 -- The Child Watch Network, a wholly owned subsidiary of WatchIt Technologies, Inc. -- (PINKSHEETS: WTCT) has signed a strategic alliance agreement with Global Sourcing & Innovations, Inc., to source and market a line of Child Watch branded safety products for delivery to retail markets in the fall of 2008. The Partnership is opening its Hong Kong based showroom and sales office in January of 2008 to display their initial product line to retail buyers.
"We are very proud to be able to present a line of safety products for home and family from Child Watch which will expand their mission in this very important area of family safety," stated Sal Vasta, President of Global Sourcing and Innovations. "Child Watch of North America and the Child Watch Network are doing everything they can to improve the safety and well being of our children and families. These products will help further that goal."
The Child Watch Network is operating under a long term licensing agreement with Child Watch of North America, a 501 (c) 3 non profit organization that works to provide child safety and missing children information. For over 15 years, Child Watch of North America has been aiding law enforcement in the recovery of missing children, having assisted in the recovery of 181 children and providing hundreds of thousands of free ID cards and safety information under its Kidguard Safety Program.
The Child Watch Network is also developing an informational "social network" for parents and children in a partnership with NetSky Holdings, Inc.
WatchIt Technologies, Inc. is an emerging out-of-home new media advertising Company operating the Child Watch Network (CWN). CWN delivers time sensitive missing children information while providing a dynamic digital signage network for advertisers to reach on-the-go consumers with a targeted effective medium. Recently, the Company also acquired BMA Partners, Inc. dba Billboard Music Academy. BMA is a licensee of Billboard Magazine, the standard bearer of the music industry. The Company is developing a full service music community with a proprietary music education program and a music oriented social network as its center piece. WatchIt has also acquired the international rights to market and sell Boondoggle Sports Network as the WatchIt Network in association with Quizzing, LTD. a UK company specializing in pub-based sports and trivia-based games. The WatchIt Network also utilizes dynamic digital signage. The Company will initially focus on establishing a presence in the United Kingdom and will utilize management's experience and contacts to expand into other European countries.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations. For more information on:
Child Watch of North America, www.childwatch.org
WatchIt Technologies, Inc. www.watchittech.com
or
Contact:
WatchIt Technologies, Inc.
Investor Relations
1-407-884-0444

SGAS Sino Gas International Holdings, Inc. Announces Third Quarter 2007 Results

2007-11-19T05:42:00.001-08:00

Sino Gas International Holdings, Inc. Announces Third Quarter 2007 ResultsPR Newswire "US Press Releases "
BEIJING, Nov. 19 /Xinhua-PRNewswire-FirstCall/ -- Sino Gas International Holdings, Inc. (OTC Bulletin Board: SGAS) ("Sino Gas" or the "Company"), a leading developer of natural gas distribution systems in small and medium- sized cities, as well as a distributor of natural gas to residential, commercial and industrial customers in China, today reported financial results for the third quarter ended September 30, 2007. Third Quarter 2007 Highlights
-- Revenue reached $5.7 million, up 62.8% from the third quarter of 2006
-- Gross profit reached $3.7 million, up 41.5% from the third quarter of
2006
-- Operating income totaled $2.9 million, up 35.9% from the third quarter
of 2006
-- Net income rose to $2.6 million, or $0.12 per fully diluted share, up
36.5% from the third quarter of 2006
-- Sales of natural gas totaled 6.45 million cubic meters, up 126% from
the third quarter of 2006
-- Number of new households connected was 15,043, an increase of 4,543
households from the same period in 2006
-- Established exclusive concession right of natural gas distribution in
Baishan County in Jilin Province
-- Completed a private placement financing, generating $18.8 million in
gross proceeds
"The third quarter marks the beginning of the seasonally strongest period of the year, and we achieved solid business performance in both connection fees and gas sales due to further penetration in our existing markets. We were also successful in expanding our presence in the Northeastern region of China. This resulted in strong growth in revenue and profits, which we expect to continue throughout the winter season," commented Mr. Yu-Chuan Liu, President and CEO of the Sino Gas.
Third Quarter 2007 Results
Revenues for the three months ended September 30, 2007 increased 62.8% over the same period in 2006 to $5.7 million, driven by new connection fees from an additional 15,043 households as well as a substantial increase in natural gas sales to 6.45 million cubic meters, up 126% over the same period in 2006. Connection fees accounted for 71% of revenues this quarter, with natural gas sales accounting for the balance.
Gross profit for the three months ended September 30, 2007 was $3.7 million, an increase of 41.5%, or 65.2% of revenues, compared to $2.6 million, or 75.1% of revenues in the third quarter of 2006. The increase in gross profit resulted from the overall increase in sales. Gross margin in the quarter declined due to higher depreciation costs for both connection fees and gas sales in the third quarter of 2007. The Company plans to increase new connection fees as well as natural gas sales in the future as a result of both organic growth and external acquisitions.
Operating expenses in the third quarter of 2007 were $798,691, an increase of 66.5% from $479,827 in the comparable period last year. The increase in operating expenses in the quarter was proportional to the overall revenue growth. As a percentage of revenues, operating expenses were 14.1% in the third quarter of 2007, up slightly from the third quarter last year, reflecting a similar cost structure.
Operating income in the third quarter of 2007 increased 35.9% to $2.9 million, or 51.1% of revenues, compared to $2.1 million, or 61.2% of revenues, for the same period of 2006.
Net income during the quarter was $2.6 million, or $0.12 per fully diluted share, up 36.5% from $1.9 million, or $0.02 per fully diluted share, in the third quarter of 2006. Earnings per basic and diluted share reflect an increase in weighted average shares of 7,494,478 related to a private placement financing in the third quarter of 2007.
Nine Month Results
Revenues for first nine months of 2007 increased 119.0% to $10.9 million, compared to $5.0 million in the first nine months of 2006. Connection fees accounted for 55% of revenues, versus 62% in the first nine months of 2006, with natural gas sales accounting for the balance in both periods. In the first nine months of 2007 gross profit was $5.2 million or 47.7% of revenues, up 66.2% from $3.1 million, or 62.8% of revenues, in the year ago period. Operating income increased 48.3% to $3.5 million, or 32.2% of revenues, compared to $2.4 million, or 47.5% of revenues, in the first nine months of 2006. Net income increased 48.7% to $3.3 million, or $0.17 per fully diluted share, compared to $2.2 million, or $0.02 per fully diluted share in the first nine months of 2006.
Financial Condition
On September 30, 2007, the Company had $16.5 million in cash and cash equivalents, $12.9 million in working capital and $2.7 million in bank notes and loans. In the first nine months of 2007, the Company generated $8.4 million in cash flows from operating activities, up from $3.5 million in the same period last year. Capital expenditures totaled $5.6 million for the third quarter. Shareholders' equity stood at $46.5 million, compared to $25.4 million at year end of 2006.

TEON HMSO Hemis Acquires Share Position in Tecton Corporation

2007-11-19T05:41:00.004-08:00

Hemis Acquires Share Position in Tecton CorporationBusiness Wire "US Press Releases "
LAS VEGAS--(BUSINESS WIRE)--
Hemis Corporation (OTCBB:HMSO)(FWB:XZA) is an international resource company with three advanced stage exploration properties in Mexico and one in Alaska.
Hemis Corporation is pleased to announce it has acquired one million shares in Tecton Corporation.
Tecton Corporation (OTCBB:TEON) is a public company based in Nevada that is focused on developing Uranium projects.
Tecton Corporation is a US-based exploration company focused on the acquisition and development of a high-quality portfolio of uranium properties. Tecton's corporate strategy is to acquire advanced-stage uranium properties that are either past producers, have been the subject of prior work programs and/or contain historic resources. Additionally, Tecton will acquire selective early-stage properties should they possess significant geologic merit. The geographic focus of Tecton is in both the United States and Canada, where the company has acquired uranium properties in Utah and Saskatchewan's Athabasca Basin.
As a former subsidiary of Hemis, Tecton was completely spun-off in October of 2006 and became independent.
Bruno Weiss, CFO of the Company states, "This acquisition is both an addition to Hemis' assets and an opportunity for Hemis' shareholders to be exposed to the prolific uranium market." ON BEHALF OF THE BOARD
"Norman Meier"
President & CEO
About Hemis Corporation
Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.
Hemis is incorporated in Nevada, USA with its head office in Zurich, Switzerland and North American corporate communications representatives in Canada and the United States. Led by an experienced team of exploration geologists and financial professionals, this company has extensive international capital markets experience and proven track records.
The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of drilling operations, concentration in mineral deposits, delays in testing and evaluation of ore samples, and other risks detailed from time to time in Hemis' filings with the Securities and Exchange Commission.
Source: Hemis Corporation

VERA Veramark Wins Significant VeraSMART Order From Leading Health Insurance Provider

2007-11-19T05:41:00.003-08:00

Veramark Wins Significant VeraSMART Order From Leading Health Insurance ProviderBusiness Wire "US Press Releases "
PITTSFORD, N.Y.--(BUSINESS WIRE)--
Veramark Technologies, Inc. (OTCBB: VERA), a leading manufacturer of enterprise telemanagement and call accounting software solutions, today announced receipt of a significant order from a large health insurance provider.
This healthcare provider chose the VeraSMART(R) Communications Management Suite because of its scalability and diverse capabilities. To maximize productivity, effectively cut operating costs, and increase accountability, they selected VeraSMART's Allocation, Invoice Management, Call Accounting, and EZ-Share(TM) modules. The Invoice Management and Allocation modules will allow them to accurately account for telecom-related inventory, manage electronic and paper invoices from multiple vendors, allocate charges and run detailed trending and analysis reports. The Call Accounting module will be used to collect data from their Avaya and Cisco switches and manage 20,000 extensions across eleven locations. Veramark's EZ-Share module will be employed for import and export to and from their HR and accounting software applications.
About Veramark Technologies, Inc.
Veramark's telemanagement software solutions set the industry standard for technological excellence, application experience, and process expertise. These solutions include the VeraSMART Enterprise Communications Management Suite and eCAS(R) Call Accounting. VeraSMART offers a powerful application core through which data can be managed with great efficiency. Consolidating the delivery and management of all your technology-related costs within your existing communications network, VeraSMART allows organizations to integrate, automate, and control technology costs. VeraSMART's integrated and scalable modular architecture allows you to implement only the functionality you require and to expand the solution as your needs grow. eCAS Call Accounting allows small- to midsize-businesses to gain visibility into, and control over, telecom usage and expenses--offering the flexibility needed to effectively manage the telecom system.
Veramark sells and markets its solutions directly and through leveraged distribution channels to customers ranging from the Fortune 500 to small businesses as well as the public sector, including government agencies and the military. Veramark provides a range of services including premises-based, hosted, managed services, and Telecom Expense Management (TEM) services. Veramark solutions are distributed by many telecom leaders, including Avaya, Nortel Networks, Cisco Systems, NEC Unified, AT&T Inc., and EMBARQ Logistics. All Veramark products and services are made and provided by personnel in the United States. Veramark, VeraSMART, and eCAS are registered trademarks of
Veramark Technologies, Inc.
All other trademarks are the property of their respective owners.
This report may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. A variety of factors could cause actual results to differ from the anticipated results expressed in such forward-looking statements. These may include but are not necessarily limited to changes in general economic conditions in the United States and overseas, technological changes in the telecommunications or computer industries, the timely and successful launch of planned new products, the timely installation and acceptance by end-user customers, and the impact of competition or changes in the marketing strategies of major distributors.
Source: Veramark Technologies, Inc.

TRNT TransNet Reports Contract with City of Newark

2007-11-19T05:41:00.001-08:00

TransNet Reports Contract with City of NewarkPR Newswire "US Press Releases "
BRANCHBURG, N.J., Nov. 19 /PRNewswire-FirstCall/ -- TransNet Corporation (OTC Bulletin Board: TRNT), a leading unified communications and IT sales and service provider, today reported that it has entered into a contract with the City of Newark to provide enhanced software productivity courses to City employees.
Steven J. Wilk, President, said, "We are pleased to have been selected by the City of Newark as their preferred training company for courses on a wide array of software products. The value of this contract is approximately $120,000. Performance under the contract will commence in calendar year 2008 and runs through August 2009. This award allows us to further penetrate the state and municipality marketplace, one in which we have competed successfully during the past three years. We are confident in our ability to assist the City of Newark in enhancing the productivity and efficiency of its employees as Newark, like many municipalities in New Jersey, New York, and Pennsylvania, increases its utilization of technology to help reduce its overall costs. TransNet has presented a significantly increased amount of proposals in these states for products and services to improve end-user productivity through voice, video and data convergence and unified communications. This marketplace will offer greater opportunities as more states and large cities benefit from the cost savings of technology."
About TransNet
TransNet Corporation is a leading unified communications and IT sales and support provider for corporate, educational, and governmental clients. TransNet provides sophisticated solutions, including system design and integration, physical security and video surveillance systems, help-desk support services, staffing services, and end-user training. Its clients include Fortune 100 organizations, primarily in the pharmaceutical, oil and gas, finance and communications industries, as well as educational and governmental institutions. TransNet serves it clients from its Branchburg, New Jersey headquarters, and its offices in eastern Pennsylvania.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release that are forward- looking statements are based on current management expectations that involve risk and uncertainties. Potential risks and uncertainties include, without limitation: the impact of economic conditions generally and in the industry for microcomputer products and services; dependence on key vendors; continued competitive and pricing pressures in the industry; product supply shortages; open-sourcing of products of vendors; rapid product improvement and technological change, short product life cycles and resulting obsolescence risks; legal proceedings; capital and financing availability; and other risks set forth in the Company's filings with the Securities and Exchange Commission.
SOURCE TransNet Corporation

STEN Sinoenergy Corporation Announces Opening of First CNG Station in Xuancheng City

2007-11-19T05:40:00.005-08:00

Sinoenergy Corporation Announces Opening of First CNG Station in Xuancheng CityPR Newswire "US Press Releases "
BEIJING, Nov. 19 /Xinhua-PRNewswire-FirstCall/ -- Sinoenergy Corporation (OTC Bulletin Board: SNEN), a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of CNG filling stations in China, announced today that its first CNG filling station in Xuancheng City is now open and has begun selling compressed natural gas to vehicles as of November 16, 2007.
This station is located in the development zone within the Central area of Xuancheng City, in Anhui Province. The station's designed daily gas supply capacity is 10,000 cubic meters, which can supply 300 taxis or 150 buses per day. This station has four filling outlets and is open 24 hours a day, seven days a week.
Xuancheng City is located in Anhui Province and has a population of approximately 3 million, with approximately 1,000 buses and 2,000 taxis.
Sinoenergy's wholly-owned subsidiary, Xuancheng Sinoenergy, is presently the only company authorized to construct and operate CNG stations in Xuancheng City. Currently, Sinoenergy has two additional stations under construction that are expected to go into operation in January 2008.
"We are pleased to announce the opening of our first CNG filling station in Xuancheng City, which is another important milestone in developing our CNG business in Central and Eastern China," said Mr. Bo Huang, CEO of Sinoenergy Corporation."
About Sinoenergy:
Sinoenergy is a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment as well as an operator of CNG stations in China. In addition to its CNG related products, the Company also manufactures a wide variety of pressure containers for use in different industries, including the design and manufacture of various types of pressure containers in the petroleum and chemical industries, the metallurgy and electricity generation industries and the food and brewery industries.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; estimated demand for CNG from vehicles in the target markets; potential delays in obtaining approval and completing construction of planned CNG filling stations; the availability of CNG and the terms on which CNG can be purchased; the effectiveness, profitability, and the marketability of its products; legal and regulatory risks associated with the share exchange; the future trading of the common stock of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. For more information, please contact:
Sinoenergy Corporation
Ms. Laby Wu, CFO
Tel: +86-10-8492-8149
Email: labywu@sinoenergycorporation.com
CCG Elite Investor Relations Inc.
Mr. Crocker Coulson, President
Tel: +1-646-213-1915 (New York)
Email: crocker.coulson@ccgir.com
SOURCE Sinoenergy Corporation

SWTS Sweet Success Pharmacy Chain Customer Sends 280,000 GlucaSafe Mailers and Increases Purchases of GlucaSafe During U.S. Diabetes Month

2007-11-19T05:40:00.003-08:00

Sweet Success Pharmacy Chain Customer Sends 280,000 GlucaSafe Mailers and Increases Purchases of GlucaSafe During U.S. Diabetes MonthPrimeNewswire "PrimeNewswire "
SAN ANTONIO, Nov. 19, 2007 (PRIME NEWSWIRE) -- Sweet Success Enterprises (OTCBB:SWTS), maker of flagship product, GlucaSafe(tm) which supports healthy glucose levels, increases shipments for pharmacy reorders and new pharmacy outlets during U.S. diabetes month. 280,000 mailers promoting the diabetic health features of GlucaSafe(tm) went out to customers of 50 of these pharmacies last week. Consumers who had purchased products for treatment of diabetes received the mailer.
"Our initial mailing was very successful and we expect to see an even greater response with the second wave of customers receiving this communication," said William Gallagher, Sweet Success CEO. "This marketing activity by the chain demonstrates a real commitment to make available a product that helps diabetics. Over 3.5 million people die of diabetes and related problems each year, according to recent studies."
"Considerable new interest in an all-natural diabetes solution has been created by the proliferation of U.S. diabetes month articles in USA Today and other larger periodicals," added Gallagher. "The mailers sent out define the glucose control feature of GlucaSafe(tm) and how GlucaSafe(tm) takes living with diabetes to a whole new level."
"As GlucaSafe(tm) sell-through accelerates in this chain, we have taken new steps to back up our GlucaSafe(tm) production capability," said Gallagher. "Additionally one of our co-packers, Universal Food and Beverage Co., was recently acquired and will be back in production soon."
Sweet Success is coordinating its marketing efforts to take advantage of the additional publicity provided by last Wednesday's World Diabetes Day event, which included awareness activities at the Alamo in San Antonio. The next very important marketing day this month will feature Sweet Success GlucaSafe(tm) education and sampling demos in 100 of the pharmacy outlets on the 24th of November. These demos will be held in outlets in major cities throughout the northern part of the country.
Product statements have not been evaluated by the FDA. The products are not intended to diagnose, treat, cure or prevent disease.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements which address actual results could differ materially from those expressed or implied in forward-looking statements. These statements are made on the basis of management's views and assumptions. As a result, there can be no assurance that management's expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Management cautions that the ability to attract clients and generate business may be affected by a decline in the Company's financial ratings, the competitive environment, the Company's ability to raise sufficient capital to meet the collateral requirements associated with its current business and to fund the Company's continuing operations and changes in market conditions. CONTACT: Sweet Success Enterprises, Inc.
Christee Kahn
210-824-2496 ext. 233