ATLANTA, GA--(Marketwire - 09/30/09) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today announces it has finished development of its TrustCash transfer service. Simply put, this transfer service will allow the transfer of TrustCash tokens between TrustCash users. The ability of TrustCash members to load and unload their TrustCash account via credit card, ACH and direct debit provides the Company with a completely new market opportunity.
The Remittance Market, also known as money transfers are noncredit payments, which are often sent to a distant place, is one of these markets.
A Washington Post Article in 2007 stated, "Migrants around the globe sent more than $300 billion to their home countries last year, a 'staggering' sum that surpassed foreign development aid and foreign direct investment."
The article also mentions that the sum of global remittances grows about 10 percent each year.
http://www.washingtonpost.com/wp-dyn/content/article/2007/10/17/AR2007101702163.html
The Company looks forward to commencing the marketing of this new service to grow its revenue and continue adding value for its shareholders.
About TrustCash
Through its TrustCash brand and website (www.trustcash.com), TrustCash is a pioneer of anonymous payment systems for the internet. TrustCash developed a business based on the sale of a virtual stored value card that can be used by consumers to make secure and anonymous purchases on the internet. The company markets its TrustCash(TM) payment card, which is sold in denominations ranging from $10 to $200 online.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Wednesday, September 30, 2009
Tuesday, September 29, 2009
Salon City Updates Investors and Shareholders With $10 Million Revenue Plan Objective
BEVERLY HILLS, CA--(Marketwire - 09/29/09) - Ewire -- Salon City, Inc. (Pinksheets:SALN - News). On September 25, 2009, Salon City financial consultant George Malasek provided the company with a short and long-term review of the company's forecasting and business aims for realizing over 10 million dollars in media revenues from the first tier of its business plan. He also re-stated the company's strong upside potential for long-term revenue growth based on planned initiatives tied to funding expectations.
Mr. Malasek noted, "Based on Salon City's business plan, and the various opportunities presented, Salon City could realize healthy revenues from the various sources that would use and exploit the Company's media products currently offered and those planned in the future."
"Just with the implementation of the Company's Network initiative, the Company can potentially realize revenues in excess of 5 million USD. Add to that the revenue from the print publications of 4 to 5 million and one can see the value creation that the Company and its business plan can prospectively achieve. In addition, the Company, as an emerging media company, will be offering products across a variety of media platforms and will roll these out based on funding, market opportunities and management availability. With that in mind, if the Company executes its aggressive yet attainable business plan, it is my opinion, that Salon City can produce significant revenues and support a substantial market capitalization."
Earlier this month, Salon City, Inc. announced the engagement of Mr. George Malasek as an advisor and consultant to Steven Casciola, Chairman and Chief Executive Officer. Mr. Malasek's engagement concerned implementing various elements of the Company's business plan targeting the successful deployment of various media offerings, such as advertising, marketing, sales, additional content creation and distribution via web, mobile and broadcast networks. Mr. Malasek also agreed to assist the Company in evaluating a variety of opportunities including international markets for its media product offerings and opportunities regarding its corporate growth plan.
Mr. Malasek has reviewed the Company's present business plans and has met and conferred extensively with Mr. Casciola regarding moving the business plan forward. Mr. Malasek believes that with adequate funding, the Company can successfully initiate many of its planned media offerings.
For Full Release Please Follow This Link: http://www.ewire.com/display.cfm/Wire_ID/5332
Mr. Malasek noted, "Based on Salon City's business plan, and the various opportunities presented, Salon City could realize healthy revenues from the various sources that would use and exploit the Company's media products currently offered and those planned in the future."
"Just with the implementation of the Company's Network initiative, the Company can potentially realize revenues in excess of 5 million USD. Add to that the revenue from the print publications of 4 to 5 million and one can see the value creation that the Company and its business plan can prospectively achieve. In addition, the Company, as an emerging media company, will be offering products across a variety of media platforms and will roll these out based on funding, market opportunities and management availability. With that in mind, if the Company executes its aggressive yet attainable business plan, it is my opinion, that Salon City can produce significant revenues and support a substantial market capitalization."
Earlier this month, Salon City, Inc. announced the engagement of Mr. George Malasek as an advisor and consultant to Steven Casciola, Chairman and Chief Executive Officer. Mr. Malasek's engagement concerned implementing various elements of the Company's business plan targeting the successful deployment of various media offerings, such as advertising, marketing, sales, additional content creation and distribution via web, mobile and broadcast networks. Mr. Malasek also agreed to assist the Company in evaluating a variety of opportunities including international markets for its media product offerings and opportunities regarding its corporate growth plan.
Mr. Malasek has reviewed the Company's present business plans and has met and conferred extensively with Mr. Casciola regarding moving the business plan forward. Mr. Malasek believes that with adequate funding, the Company can successfully initiate many of its planned media offerings.
For Full Release Please Follow This Link: http://www.ewire.com/display.cfm/Wire_ID/5332
Seamless Announces the Addition of Dr. Gadget to Its Race Program and Will Attend Selected RAPTOR PERFORMANCE MOTORSPORTS Race Events
LAS VEGAS, NV--(Marketwire - 09/29/09) - Seamless Corporation (OTC.BB:SMWF - News) announced today that Dr. Gadget and the Gadget Enterprise marketing team will be attending selected RAPTOR PERFORMANCE MOTORSPORTS (RPM) race events. This agreement was reached by all parties upon reviewing the RPM Race event schedule, Dr. Gadget's schedules and the potential of cross promoting the RPM Race Team, the eCommerce website (www.gadgetenterprises.com) and Dr. Gadget's activities.
"This is a great opportunity for all concerned and allows Dr. Gadget, RPM, and Seamless to present RPM point of sale products along with Dr. Gadget approved products at events attended by thousands of race fans. This is especially exciting since there are race events that are scheduled to occur before the end of the year. Patrick Rummerfield will also be attending these events and I am personally looking forward to meeting Patrick, Donnie, as well as the entire race team. There will be millions of race fans that will now be informed about the eCommerce site, www.gadgetenterprises.com, which may provide thousands of new users for Seamless," stated Albert Reda, President of Seamless Corp.
Donnie Richardson, co-owner of RAPTOR PERFORMANCE MOTORSPORTS stated, "As well as our other drivers and team, I am truly honored with the addition of Dr. Gadget and the brand.
Dr. Gadget stated that, "I am thrilled to participate in these upcoming race events, there is a direct correlation between the avid race fan and the credibility of everyday technologies I represent on national television. I am looking forward to meeting in person the amazing race fans of RPM."
About Dr. Gadget
Dr. Gadget appears regularly on EXTRA with Mario Lopez and on ABC's THE VIEW and he was recently featured on GSN's 2009 Game Show Award hosted by Howie Mandel. For more information about Dr. Gadget's please visit his website www.doctorgadget.com.
About RAPTOR PERFORMANCE MOTORSPORTS
Raptor was built on diversity, we feature an Asian American driver, female driver, a recovered quadriplegic and a Daytona 500 winner as our drivers. The track operations for Raptor are conducted by a current NASCAR driver with over 23 years of racing experience.
Please visit their website: http://raptorperformancemotorsports.com
About Seamless Corporation
Seamless Corporation (www.seamlesscorp.com) is quoted on the OTCBB: SMWF. Seamless develops, produces and markets hardware and software products and other manufactures and sells those products through its subsidiary, Seamless Sales LLC (www.seamlesssale.com) and through it new website Gadget Enterprises at www.gadgetenterprises.com
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. These forward-looking statements are based on current expectations, estimates and projections of management. Seamless intends for these forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such 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, the success of Dr. Gadget's promotional efforts. These uncertainties include, but are not limited to, the risk factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.. Copies of these filings are available at www.sec.gov. All forward-looking statements in this press release are made as of the date of this press release, and Seamless assumes no obligation to update these forward-looking statements whether as a result of new information, future events or otherwise, other than as required by law.
"This is a great opportunity for all concerned and allows Dr. Gadget, RPM, and Seamless to present RPM point of sale products along with Dr. Gadget approved products at events attended by thousands of race fans. This is especially exciting since there are race events that are scheduled to occur before the end of the year. Patrick Rummerfield will also be attending these events and I am personally looking forward to meeting Patrick, Donnie, as well as the entire race team. There will be millions of race fans that will now be informed about the eCommerce site, www.gadgetenterprises.com, which may provide thousands of new users for Seamless," stated Albert Reda, President of Seamless Corp.
Donnie Richardson, co-owner of RAPTOR PERFORMANCE MOTORSPORTS stated, "As well as our other drivers and team, I am truly honored with the addition of Dr. Gadget and the brand.
Dr. Gadget stated that, "I am thrilled to participate in these upcoming race events, there is a direct correlation between the avid race fan and the credibility of everyday technologies I represent on national television. I am looking forward to meeting in person the amazing race fans of RPM."
About Dr. Gadget
Dr. Gadget appears regularly on EXTRA with Mario Lopez and on ABC's THE VIEW and he was recently featured on GSN's 2009 Game Show Award hosted by Howie Mandel. For more information about Dr. Gadget's please visit his website www.doctorgadget.com.
About RAPTOR PERFORMANCE MOTORSPORTS
Raptor was built on diversity, we feature an Asian American driver, female driver, a recovered quadriplegic and a Daytona 500 winner as our drivers. The track operations for Raptor are conducted by a current NASCAR driver with over 23 years of racing experience.
Please visit their website: http://raptorperformancemotorsports.com
About Seamless Corporation
Seamless Corporation (www.seamlesscorp.com) is quoted on the OTCBB: SMWF. Seamless develops, produces and markets hardware and software products and other manufactures and sells those products through its subsidiary, Seamless Sales LLC (www.seamlesssale.com) and through it new website Gadget Enterprises at www.gadgetenterprises.com
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. These forward-looking statements are based on current expectations, estimates and projections of management. Seamless intends for these forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such 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, the success of Dr. Gadget's promotional efforts. These uncertainties include, but are not limited to, the risk factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.. Copies of these filings are available at www.sec.gov. All forward-looking statements in this press release are made as of the date of this press release, and Seamless assumes no obligation to update these forward-looking statements whether as a result of new information, future events or otherwise, other than as required by law.
NYMET Holdings Inc. (NYMH) Announces the Successful Completion of Initial Purchase Order and Receipt of Second Purchase Order From Bayou Steel, Inc.
NEW YORK, NY--(Marketwire - 09/29/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News) (www.nymetholdings.com), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces that the first 1,000 ton purchase order of ferrous scrap metal has been fully recovered from the Reed Saw Mill Project and been delivered to Bayou Steel. Furthermore, NYMET has received a second purchase order from Bayou Steel.
The initial purchase order between NYMET and Bayou Steel was successfully completed and all ordered material has been delivered to Bayou Steel's La Place facility in nearby Louisiana. NYMET's logistics department organized and concluded the transportation requirements for this transaction, overseeing daily deliveries to the facility. As a direct result of the initial relationship with Bayou Steel, NYMET received a second purchase order for an additional 1,000 tons of ferrous scrap metal. This purchase order negotiation was handled by NYMET's management and was officially finalized on Monday, September 28th, 2009.
NYMET received a substantial increase in the purchase price from Bayou Steel for the second purchase order. This is in direct correlation to the bullish market conditions in the steel market. Market analysts in the steel sector anticipate these bullish conditions to continue through the year-end.
NYMET Senior Vice President, Edward R. Gulmi, stated: "NYMET's overall mission remains focused on the expansion of its sales to larger steel consumers across the world. Furthermore, NYMET aims to align itself with top companies as we target additional acquisition and merger opportunities."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings' future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings expectations.
The initial purchase order between NYMET and Bayou Steel was successfully completed and all ordered material has been delivered to Bayou Steel's La Place facility in nearby Louisiana. NYMET's logistics department organized and concluded the transportation requirements for this transaction, overseeing daily deliveries to the facility. As a direct result of the initial relationship with Bayou Steel, NYMET received a second purchase order for an additional 1,000 tons of ferrous scrap metal. This purchase order negotiation was handled by NYMET's management and was officially finalized on Monday, September 28th, 2009.
NYMET received a substantial increase in the purchase price from Bayou Steel for the second purchase order. This is in direct correlation to the bullish market conditions in the steel market. Market analysts in the steel sector anticipate these bullish conditions to continue through the year-end.
NYMET Senior Vice President, Edward R. Gulmi, stated: "NYMET's overall mission remains focused on the expansion of its sales to larger steel consumers across the world. Furthermore, NYMET aims to align itself with top companies as we target additional acquisition and merger opportunities."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings' future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings expectations.
Monday, September 28, 2009
Canadian Bio Med Systems Inc., to move AMD project to Canada to take advantage of government funding.
NEW YORK, MONTREAL and SAN DIEGO, Sept. 28 /PRNewswire-FirstCall/ - Canadian Bio Med Systems Inc., a subsidiary of ICBS Ltd., (OTCPK: ICBT),) , and Ocular Therapeutics Inc., of San Diego California, announced today that the company will be moving the AMD project to Canada to take advantage of the R&D funding by both the Canadian and provincial governments.
Age-Related Macular Degeneration (AMD) is the leading cause of blindness, worldwide, for people over 55 years of age. This debilitating disease has proven to be difficult to treat and only a very few drugs have been developed which have positive effects.
The drug under development by Canadian Bio Med Systems , has a very different mode of action than the current therapeutic products. It can be used alone or in conjunction with these currently available products.
"We have already demonstrated in several different animal models that angiogenesis is dramatically suppressed in the presence of LD22-4," said Eugene Levin, Ph.D., He added, "The proposed method of administration of LD22-4, intravitreal injection, is commonly used to administer ophthalmic drugs and generally accepted by patients facing the prospect of blindness and other serious back of the eye complications. However we believe that our therapy can be adopted to offer a less invasive method of administration that may have a competitive advantage over one administered by intravitreal injection."
LD22-4 is currently in Phase One studies and a patent application has been filed for the therapeutic use of this product.
The market for products treating AMD has been estimated at over $2 billion annually and growing at a rate of over 10% yearly as the population ages.
The Research & Development tax credit programs in Canada, offer the company the ability to receive back up to 75% of the costs involved with the development of the AMD drug. The company has had preliminary talks with a Federal government representative and expects to apply for the R&D grant this fall.
SOURCE: Canadian Bio Med Systems Inc., ICBS Limited
www.icbs.ca www.canadianbiomed.com
NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents.
Age-Related Macular Degeneration (AMD) is the leading cause of blindness, worldwide, for people over 55 years of age. This debilitating disease has proven to be difficult to treat and only a very few drugs have been developed which have positive effects.
The drug under development by Canadian Bio Med Systems , has a very different mode of action than the current therapeutic products. It can be used alone or in conjunction with these currently available products.
"We have already demonstrated in several different animal models that angiogenesis is dramatically suppressed in the presence of LD22-4," said Eugene Levin, Ph.D., He added, "The proposed method of administration of LD22-4, intravitreal injection, is commonly used to administer ophthalmic drugs and generally accepted by patients facing the prospect of blindness and other serious back of the eye complications. However we believe that our therapy can be adopted to offer a less invasive method of administration that may have a competitive advantage over one administered by intravitreal injection."
LD22-4 is currently in Phase One studies and a patent application has been filed for the therapeutic use of this product.
The market for products treating AMD has been estimated at over $2 billion annually and growing at a rate of over 10% yearly as the population ages.
The Research & Development tax credit programs in Canada, offer the company the ability to receive back up to 75% of the costs involved with the development of the AMD drug. The company has had preliminary talks with a Federal government representative and expects to apply for the R&D grant this fall.
SOURCE: Canadian Bio Med Systems Inc., ICBS Limited
www.icbs.ca www.canadianbiomed.com
NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents.
Micro Bubble Technologies Unveils M-Fuel and CNT-Battery to the Public
BARRINGTON, ILLINOIS--(Marketwire - 09/28/09) - Micro Bubble Technologies Inc. ("MBT"), the operating subsidiary of EcoloCap Solutions Inc. (OTC.BB:ECOS - News), will be hosting an event at its Korean factory on Tuesday November 3, 2009, to showcase its two core technologies, M-Fuel and the CNT-Battery, for the first time to the public.
Attendees of the event will take part in demonstrations of M-Fuel used on a boat, truck, and stationary diesel engines, along with observing M-Fuel being burned in open and closed furnace applications. Each demonstration of M-Fuel will be connected to emission monitoring equipment that will evidence and record the reduction of emissions produced by the burning of M-Fuel compared to that of traditional fuels.
MBT will also be holding demonstrations of the discharge and charging characteristics of their Carbon Nano Tube Battery (CNT-Battery). These batteries yield up to 8 times the reserve capacity and recharge in less than ten minutes compared to a similar type battery. MBT is currently offering a 5 year limited replacement guarantee on all CNT-Batteries charged with the MBT designed charger system.
This long awaited presentation of MBT's M-Fuel and CNT-Battery to the public will illustrate and confirm the unique characteristics of these revolutionary technologies. Michael Siegel, President and CEO of EcoloCap Solutions Inc. and Micro Bubble Technologies Inc. stated: "This is a truly exciting event for the Company. It will be open to the press, distributors, vendors and those individuals and businesses interested in implementing the technology and we expect this occasion to generate a great deal of positive response."
This event corresponds to the unveiling of the Version 3.0 of the NPU-60 and Version 1.0 of the NPU-10. These Nano Processing Units (NPU) are the self-contained devices that mix M-Fuel, and have the capacity to produce 60 tons and 10 tons of M-Fuel per 24-hour period respectively. In addition, MBT also announces the official name of their proprietary Emulsion Fuel (M-Fuel). This water, nano oil particle and gas suspension fuel will now be known as M-Fuel.
ABOUT MBT:
Micro Bubble Technologies Inc. ("MBT") is a "green" nanotechnology company, focused on improving alternative energy solutions through the development and marketing of their nanotechnology-based energy products. MBT's Carbon Nano Tube battery (CNT-Battery) demonstrated to have 8 times the energy reserve capacity of traditional lead-acid batteries, 2.5 times that of lithium-ion batteries and a recharge time of five to 10 minutes; all for a slight premium over the price of similar lead-acid battery. MBT's M-Fuel technology processes oil with water and a special additive through its proprietary NPU system. The results provide a 60% reduction in emissions, a 40% reduction in oil consumption, and up to a 25% reduction in cost of fuel and engine maintenance. These reduced emissions will also generate Carbon Credits, which can be sold on the open market, for those users in countries participating in the Kyoto Protocol of the United Nations.
MBT markets its products worldwide either directly or through agreements with distributors and is presently exploring distributors in Europe.
For further details on the November 3rd event or for additional information on the business and their technologies please visit the Ecolocap website, www.EcoloCap.com, or send an inquiry to Investor Relations at IR@EcoloCap.com.
Use of Forward-looking Statements
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on the current expectations of the management of Micro Bubble Technologies Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Micro Bubble Technologies Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Micro Bubble Technologies Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Ecolocap Solutions Inc., reference Ecolocap Solutions Inc.'s reports filed from time to time with the Securities and Exchange Commission.
Attendees of the event will take part in demonstrations of M-Fuel used on a boat, truck, and stationary diesel engines, along with observing M-Fuel being burned in open and closed furnace applications. Each demonstration of M-Fuel will be connected to emission monitoring equipment that will evidence and record the reduction of emissions produced by the burning of M-Fuel compared to that of traditional fuels.
MBT will also be holding demonstrations of the discharge and charging characteristics of their Carbon Nano Tube Battery (CNT-Battery). These batteries yield up to 8 times the reserve capacity and recharge in less than ten minutes compared to a similar type battery. MBT is currently offering a 5 year limited replacement guarantee on all CNT-Batteries charged with the MBT designed charger system.
This long awaited presentation of MBT's M-Fuel and CNT-Battery to the public will illustrate and confirm the unique characteristics of these revolutionary technologies. Michael Siegel, President and CEO of EcoloCap Solutions Inc. and Micro Bubble Technologies Inc. stated: "This is a truly exciting event for the Company. It will be open to the press, distributors, vendors and those individuals and businesses interested in implementing the technology and we expect this occasion to generate a great deal of positive response."
This event corresponds to the unveiling of the Version 3.0 of the NPU-60 and Version 1.0 of the NPU-10. These Nano Processing Units (NPU) are the self-contained devices that mix M-Fuel, and have the capacity to produce 60 tons and 10 tons of M-Fuel per 24-hour period respectively. In addition, MBT also announces the official name of their proprietary Emulsion Fuel (M-Fuel). This water, nano oil particle and gas suspension fuel will now be known as M-Fuel.
ABOUT MBT:
Micro Bubble Technologies Inc. ("MBT") is a "green" nanotechnology company, focused on improving alternative energy solutions through the development and marketing of their nanotechnology-based energy products. MBT's Carbon Nano Tube battery (CNT-Battery) demonstrated to have 8 times the energy reserve capacity of traditional lead-acid batteries, 2.5 times that of lithium-ion batteries and a recharge time of five to 10 minutes; all for a slight premium over the price of similar lead-acid battery. MBT's M-Fuel technology processes oil with water and a special additive through its proprietary NPU system. The results provide a 60% reduction in emissions, a 40% reduction in oil consumption, and up to a 25% reduction in cost of fuel and engine maintenance. These reduced emissions will also generate Carbon Credits, which can be sold on the open market, for those users in countries participating in the Kyoto Protocol of the United Nations.
MBT markets its products worldwide either directly or through agreements with distributors and is presently exploring distributors in Europe.
For further details on the November 3rd event or for additional information on the business and their technologies please visit the Ecolocap website, www.EcoloCap.com, or send an inquiry to Investor Relations at IR@EcoloCap.com.
Use of Forward-looking Statements
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on the current expectations of the management of Micro Bubble Technologies Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Micro Bubble Technologies Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Micro Bubble Technologies Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Ecolocap Solutions Inc., reference Ecolocap Solutions Inc.'s reports filed from time to time with the Securities and Exchange Commission.
NYMET Holdings Inc. (NYMH) Announces Euler Hermes Credit Insurance Approval
NEW YORK, NY--(Marketwire - 09/28/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News) (www.nymetholdings.com), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announced today that the Company has been approved for credit invoice insurance from insurance giant Euler Hermes.
The approval was obtained as part of a credit facility in association with SinoMetal Resources Inc., a private international metals trading company, located in Montreal, Canada.
SinoMetal's decision to engage with NYMET was in an effort to purchase scrap metal for their clients located in China. SinoMetal brings to NYMET access to numerous steel manufacturers and steel distributors located in China. SinoMetal maintains a substantial client base throughout China of numerous steel manufacturers such as Minmetals and Sino Steel, two of the largest steel producers in China, as well as a major Chinese steel distributor. The strategic alliance between NYMET and SinoMetal will allow NYMET to more aggressively expand its presence in the Chinese Steel Markets.
Mr. William Dollard, Chairmen and Director of NYMET, stated, "The Euler Hermes approval, in conjunction with NYMET's relationship with SinoMetal, provides NYMET a significant advantage in buying power throughout the marketplace. Moreover, having NYMET's trade finance package insured by Euler Hermes will guarantee necessary finance instruments, such as letters of credit for potential clients. NYMET management is now planning to utilize the finance package to increase the purchase of material for sale to clients in China."
Euler Hermes (www.eulerhermes.com) is one of the world's best credit insurance providers. The Euler Hermes Group helps companies to safeguard and grow their distinct businesses. Mark D. Klok, President of NYMH, stated: "NYMET's trade finance package with Euler Hermes marks a significant achievement for the Company and will significantly help us expand our presence in the International markets. We look forward to and anticipate additional relationships and projects with SinoMetal Resources, as well as other major international companies, throughout the year."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
The approval was obtained as part of a credit facility in association with SinoMetal Resources Inc., a private international metals trading company, located in Montreal, Canada.
SinoMetal's decision to engage with NYMET was in an effort to purchase scrap metal for their clients located in China. SinoMetal brings to NYMET access to numerous steel manufacturers and steel distributors located in China. SinoMetal maintains a substantial client base throughout China of numerous steel manufacturers such as Minmetals and Sino Steel, two of the largest steel producers in China, as well as a major Chinese steel distributor. The strategic alliance between NYMET and SinoMetal will allow NYMET to more aggressively expand its presence in the Chinese Steel Markets.
Mr. William Dollard, Chairmen and Director of NYMET, stated, "The Euler Hermes approval, in conjunction with NYMET's relationship with SinoMetal, provides NYMET a significant advantage in buying power throughout the marketplace. Moreover, having NYMET's trade finance package insured by Euler Hermes will guarantee necessary finance instruments, such as letters of credit for potential clients. NYMET management is now planning to utilize the finance package to increase the purchase of material for sale to clients in China."
Euler Hermes (www.eulerhermes.com) is one of the world's best credit insurance providers. The Euler Hermes Group helps companies to safeguard and grow their distinct businesses. Mark D. Klok, President of NYMH, stated: "NYMET's trade finance package with Euler Hermes marks a significant achievement for the Company and will significantly help us expand our presence in the International markets. We look forward to and anticipate additional relationships and projects with SinoMetal Resources, as well as other major international companies, throughout the year."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Sunday, September 27, 2009
NYMET Holdings Inc. (NYMH) Announces the Retirement of 240,000,000 Common Shares
NEW YORK, NY--(Marketwire - 09/25/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the retirement of 240,000,000 common shares.
NYMET Senior Vice President, Edward R Gulmi, stated, "The 240,000,000 common shares were retired without any type of consideration of any sort being provided to the associated shareholder. This cancellation results in a total of 76,766,533 common shares being issued and outstanding with 50 million of those being restricted shares."
In further discussing the share structure and what it means to shareholders, Mr. Gulmi went on to state, "According to Yahoo Finance's Industry Snapshot, the Steel and Iron Industry trades at an average P/E ratio of 41 times earnings. If we generate the targeted and anticipated net earnings of $5,000,000 in the upcoming year, then, to trade at proper valuation with our peers, we would have over a $200,000,000 market capitalization. With the recently reduced, current number of shares issued and outstanding, that would translate into a $2.67 share price. Now I'm not saying that is where our stock price will be in the upcoming year and I would strongly urge shareholders and potential new shareholders to do their own thorough due diligence but I am comfortable stating that I believe there is a great deal of potential upside from the $0.15 share price and $11,500,000 market cap point where we are today."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings expectations.
NYMET Senior Vice President, Edward R Gulmi, stated, "The 240,000,000 common shares were retired without any type of consideration of any sort being provided to the associated shareholder. This cancellation results in a total of 76,766,533 common shares being issued and outstanding with 50 million of those being restricted shares."
In further discussing the share structure and what it means to shareholders, Mr. Gulmi went on to state, "According to Yahoo Finance's Industry Snapshot, the Steel and Iron Industry trades at an average P/E ratio of 41 times earnings. If we generate the targeted and anticipated net earnings of $5,000,000 in the upcoming year, then, to trade at proper valuation with our peers, we would have over a $200,000,000 market capitalization. With the recently reduced, current number of shares issued and outstanding, that would translate into a $2.67 share price. Now I'm not saying that is where our stock price will be in the upcoming year and I would strongly urge shareholders and potential new shareholders to do their own thorough due diligence but I am comfortable stating that I believe there is a great deal of potential upside from the $0.15 share price and $11,500,000 market cap point where we are today."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings expectations.
Thursday, September 24, 2009
GT Legend Automotive Announces Move Into International Remittance Market
BALTIMORE, MD--(Marketwire - 09/24/09) - GT Legend Automotive Holdings, Inc. (Pinksheets:GTLA - News) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GTLA now announces that Sovereign Transfer Services has appointed an advisor for entry to its first international remittance market.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "While the US market will remain a dominant domain for our activities, we have been researching and planning our first move into the international remittance market, targeting attractive 'niche' opportunities.
"We have determined that the German-Turkish corridor merits our serious attention and to this end have selected our advisers and partners for this significant step. We will be advised by Herax Partners, a boutique Investment Bank, based in Frankfurt, which has extensive knowledge of both the Turkish and German markets.
"There are over 4 Million people in Germany, of Turkish origin, with the highest concentration in the cities of Baden Wurttemberg and Nord-Rhine Westfallen. 60% of Turkish immigrants live in the major cities of the former West Germany -- Berlin, Koln, Dusseldorf and Frankfurt as well as Munich, Mainz and Stuttgart.
"Remittances from Germany to Turkey, which comprise in excess of 50% all German outbound remittances, make a substantial contribution to the Turkish economy. We would like to play a role in making the remittance process less onerous on those supporting their dependents at home."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "While the US market will remain a dominant domain for our activities, we have been researching and planning our first move into the international remittance market, targeting attractive 'niche' opportunities.
"We have determined that the German-Turkish corridor merits our serious attention and to this end have selected our advisers and partners for this significant step. We will be advised by Herax Partners, a boutique Investment Bank, based in Frankfurt, which has extensive knowledge of both the Turkish and German markets.
"There are over 4 Million people in Germany, of Turkish origin, with the highest concentration in the cities of Baden Wurttemberg and Nord-Rhine Westfallen. 60% of Turkish immigrants live in the major cities of the former West Germany -- Berlin, Koln, Dusseldorf and Frankfurt as well as Munich, Mainz and Stuttgart.
"Remittances from Germany to Turkey, which comprise in excess of 50% all German outbound remittances, make a substantial contribution to the Turkish economy. We would like to play a role in making the remittance process less onerous on those supporting their dependents at home."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Wednesday, September 23, 2009
GT Legend Automotive Announces Strategic Initiative Into the US and International Multi-Level Marketing Payment Systems Market
BALTIMORE, MD--(Marketwire - 09/23/09) - GT Legend Automotive Holdings, Inc. (Pinksheets:GTLA - News) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GTLA now announces the appointment of David Rayburn as Executive Vice President - MLM Payment Systems to drive the Company's expansion in the MLM market worldwide.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "After an extended evaluation of this huge global market and preliminary market testing, we are delighted to announce David Rayburn's appointment as Executive Vice President - MLM Payment Systems. He joins our team with substantial experience in the MLM market, having been involved with a number of very substantial MLM businesses from their inception. He has built substantial personal 'down-lines,' yielding significant financial rewards.
The Direct Selling Association reported that in 2007, US direct sales were $30.8 Billion and the US direct sales force numbered 15 Million people. Similarly the Association reported 2007 Global direct sales of US$114 Billion, by 62.7 Million sales staff. We believe that in times of economic hardship and adversity, the growth of direct, relationship-based selling will be greater than any other, as consumers make purchasing decisions based upon personal recommendations of trusted friends and contacts. Since this market is poorly served by Payment Systems providers, we anticipate major potential for our growth and through David's relationships and experience, we will realize considerable benefit."
Mr. Rayburn commented, "I am delighted to be working with the Sovereign Card Services team. Low-cost, reliable, multinational payment systems are a relatively new phenomenon in the MLM market and have a substantial role to play in the recruitment and management of high yielding 'down-lines' which are the life-blood of MLM businesses the world over. We have a lot to achieve."
About GT Legend Automotive Holdings, Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp., trading as Sovereign Card Services. Sovereign Card Services provides both Visa and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "After an extended evaluation of this huge global market and preliminary market testing, we are delighted to announce David Rayburn's appointment as Executive Vice President - MLM Payment Systems. He joins our team with substantial experience in the MLM market, having been involved with a number of very substantial MLM businesses from their inception. He has built substantial personal 'down-lines,' yielding significant financial rewards.
The Direct Selling Association reported that in 2007, US direct sales were $30.8 Billion and the US direct sales force numbered 15 Million people. Similarly the Association reported 2007 Global direct sales of US$114 Billion, by 62.7 Million sales staff. We believe that in times of economic hardship and adversity, the growth of direct, relationship-based selling will be greater than any other, as consumers make purchasing decisions based upon personal recommendations of trusted friends and contacts. Since this market is poorly served by Payment Systems providers, we anticipate major potential for our growth and through David's relationships and experience, we will realize considerable benefit."
Mr. Rayburn commented, "I am delighted to be working with the Sovereign Card Services team. Low-cost, reliable, multinational payment systems are a relatively new phenomenon in the MLM market and have a substantial role to play in the recruitment and management of high yielding 'down-lines' which are the life-blood of MLM businesses the world over. We have a lot to achieve."
About GT Legend Automotive Holdings, Inc.
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp., trading as Sovereign Card Services. Sovereign Card Services provides both Visa and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Enter the Seamless Cruzin Cooler Contest
LAS VEGAS, NV--(Marketwire - 09/23/09) - Seamless Corporation (OTC.BB:SMWF - News) announced that the new contest for a Cruzin Cooler kicked off yesterday with a VIDEO of Dr. Gadget demonstrating the Cruzin Cooler. The Video can be seen on www.gadgetenterprises.com or on the Cruzin Cooler website www.cruzincooler.com. After registering contestants should send their video clip as to why they should win the Cruzin Cooler to www.gadgetenterprises.com. The contest began September 22 and will end October 15, 2009. The contest rules and the processes of submission for the videos are posted on the Gadget Enterprise website www.gadgetenterprises.com.
"This contest is very exciting especially since we just worked out the sponsorship deal with the NASCAR Race Team, Raptor Performance Motors. At 13 MPH the Cruzin Cooler may not qualify for NASCAR but it is fun to drive, just look at the fun Dr. Gadget had with the Cruzin Cooler on 'THE VIEW' and the Contest Video clip both of which can be seen at Gadget Enterprise website (www.gadgetenterprises.com)," stated Albert Reda, President of Seamless Corporation.
Kevin Beal, CEO of Cruzin Cooler stated, "Working in the racing industry has always been a natural fit for Cruzin Cooler and working with Dr. Gadget to give away a cooler is going to be a lot of fun."
About Cruzin Cooler
For more information about Cruzin Cooler please visit www.cruzincooler.com.
About Dr. Gadget
Dr. Gadget appears regularly on "EXTRA" with Mario Lopez and on ABC's "THE VIEW" and he was recently featured on GSN's 2009 Game Show Awards hosted by Howie Mandel. For more information about Dr. Gadget's please visit his website www.doctorgadget.com.
About Seamless Corporation
Seamless Corporation (www.seamlesscorp.com) is quoted on the OTCBB: SMWF. Seamless develops, produces and markets hardware and software products and manufactures and sells those products through its subsidiary, Seamless Sales LLC (www.seamlesssale.com) and through its new website Gadget Enterprises at www.gadgetenterprises.com
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. These forward-looking statements are based on current expectations, estimates and projections of management. Seamless intends for these forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such 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, the success of Dr. Gadget's promotional efforts. These uncertainties include, but are not limited to, the risk factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov. All forward-looking statements in this press release are made as of the date of this press release, and Seamless assumes no obligation to update these forward-looking statements whether as a result of new information, future events or otherwise, other than as required by law.
"This contest is very exciting especially since we just worked out the sponsorship deal with the NASCAR Race Team, Raptor Performance Motors. At 13 MPH the Cruzin Cooler may not qualify for NASCAR but it is fun to drive, just look at the fun Dr. Gadget had with the Cruzin Cooler on 'THE VIEW' and the Contest Video clip both of which can be seen at Gadget Enterprise website (www.gadgetenterprises.com)," stated Albert Reda, President of Seamless Corporation.
Kevin Beal, CEO of Cruzin Cooler stated, "Working in the racing industry has always been a natural fit for Cruzin Cooler and working with Dr. Gadget to give away a cooler is going to be a lot of fun."
About Cruzin Cooler
For more information about Cruzin Cooler please visit www.cruzincooler.com.
About Dr. Gadget
Dr. Gadget appears regularly on "EXTRA" with Mario Lopez and on ABC's "THE VIEW" and he was recently featured on GSN's 2009 Game Show Awards hosted by Howie Mandel. For more information about Dr. Gadget's please visit his website www.doctorgadget.com.
About Seamless Corporation
Seamless Corporation (www.seamlesscorp.com) is quoted on the OTCBB: SMWF. Seamless develops, produces and markets hardware and software products and manufactures and sells those products through its subsidiary, Seamless Sales LLC (www.seamlesssale.com) and through its new website Gadget Enterprises at www.gadgetenterprises.com
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. These forward-looking statements are based on current expectations, estimates and projections of management. Seamless intends for these forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such 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, the success of Dr. Gadget's promotional efforts. These uncertainties include, but are not limited to, the risk factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov. All forward-looking statements in this press release are made as of the date of this press release, and Seamless assumes no obligation to update these forward-looking statements whether as a result of new information, future events or otherwise, other than as required by law.
Tuesday, September 22, 2009
NYMET Holdings Inc. (NYMH) Announces Sales of Non-Ferrous Metals to Commence From the Reed Saw Mill Project
NEW YORK, NY--(Marketwire - 09/22/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the commencement of sales of non-ferrous metals from the Reed Saw Mill Project, located in California.
At time of press, NYMET is ready to announce that the demolition portion of this Project has been completed. Furthermore, the waste stream separation of the non-ferrous metals has commenced, which will increase the Company's revenue. In addition to scrap steel being sold from the site, NYMET has also received its first purchase order for non-ferrous metals.
NYMET received their first purchase order for non-ferrous metals on Friday, September 18th from Top Dollar Scrap, a local recycling yard. Top Dollar is under contract to pick-up 10 truckloads of aluminum scrap derived from the demolition of the saw mill facility. NYMET anticipates the completion of this Project to be within 45 days. Furthermore, NYMET, as of today, has successfully delivered and had accepted over 45 truckloads, containing 1,000 tons of scrap steel, to the La Place facility in Louisiana, thus completing the first purchase order between NYMET and Bayou Steel. Additional purchase orders from Bayou Steel are anticipated in the near future for additional amounts of material.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings expectations.
At time of press, NYMET is ready to announce that the demolition portion of this Project has been completed. Furthermore, the waste stream separation of the non-ferrous metals has commenced, which will increase the Company's revenue. In addition to scrap steel being sold from the site, NYMET has also received its first purchase order for non-ferrous metals.
NYMET received their first purchase order for non-ferrous metals on Friday, September 18th from Top Dollar Scrap, a local recycling yard. Top Dollar is under contract to pick-up 10 truckloads of aluminum scrap derived from the demolition of the saw mill facility. NYMET anticipates the completion of this Project to be within 45 days. Furthermore, NYMET, as of today, has successfully delivered and had accepted over 45 truckloads, containing 1,000 tons of scrap steel, to the La Place facility in Louisiana, thus completing the first purchase order between NYMET and Bayou Steel. Additional purchase orders from Bayou Steel are anticipated in the near future for additional amounts of material.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of any and all of the subject mining claims stated herein is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings expectations.
Rostock Ventures Corp. Acquires Gold Prospect in World-Class Gold Region
SASKATOON, SASKATCHEWAN -- (Marketwire) -- 09/21/09 -- Rostock Ventures Corp. (OTCBB: ROSV) Rostock Ventures wishes to report that the company has acquired what management feels is a high impact gold prospect located in the Yukon, Canada. The property is approximately 3200 contiguous acres and has similar geological characteristics as recent gold discoveries in close proximity to this new prospect. This prospect lies within the globally prolific mining region call the Tintina Gold Belt. The Tintina Gold Belt hosts world-class deposits including Donlin Creek (29.3 M ozs Au Proven & Probable reserves), Fort Knox (3.8 M ounces P & P), Pogo (3.6 M ozs P & P), Dublin Gulch (2.7 M ozs Indicated resource); as well as past producers with remaining resources such as Brewery Creek (approximately 278,484 ozs produced, 145,000 ozs Indicated + 143,000 ozs Inferred Resources) and several advanced staged exploration projects including Freegold Mountain and White Gold. A work program on this new prospect is anticipated to commence shortly.
Management is excited to have this new high impact gold project that is in a world-class mining region, especially in the light of near all-time highs on gold prices right now. Also, management is still evaluating additional projects that may add value to the company.
Forward-looking statements
Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of exploration programs; competition from other exploration or mining companies; and the company's ability to obtain additional funding required to conduct its exploration activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the company to differ materially from those expressed or implied in such forward looking statements. The company undertakes no obligation to update or revise any forward-looking statements.
Management is excited to have this new high impact gold project that is in a world-class mining region, especially in the light of near all-time highs on gold prices right now. Also, management is still evaluating additional projects that may add value to the company.
Forward-looking statements
Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of exploration programs; competition from other exploration or mining companies; and the company's ability to obtain additional funding required to conduct its exploration activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the company to differ materially from those expressed or implied in such forward looking statements. The company undertakes no obligation to update or revise any forward-looking statements.
NYMET Holdings Inc. (NYMH) Announces Engagement of Crowell & Moring LLP as Corporate Counsel
NEW YORK, NY -- 09/21/09 -- NYMET Holdings Inc. (PINKSHEETS: NYMH), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the Company has engaged Crowell & Moring LLP as Corporate Counsel.
Crowell & Moring LLP's corporate and securities practice is transaction-oriented, focusing on mergers and acquisitions, corporate finance, securities offerings, joint ventures, intellectual property arrangements and complex agreements of all kinds. Providing more than just corporate legal advice, pragmatic business judgment and creative problem solving underlies all of their work. With offices in Washington, DC, California, New York, London and Brussels, they provide seamless national and cross-border service.
Their Corporate Group represents large public corporations, privately held firms, private equity firms, emerging companies, and high net worth individuals in a wide range of industries. Their clients include major defense contractors, health care businesses, financial institutions, aviation companies, aerospace companies, pharmaceutical companies, telecom and technology companies, as well as entrepreneurs and trade associations.
Please visit www.crowell.com for more information about the firm.
NYMET President, Mark D. Klok, commented, "This engagement is indicative of our commitment to expanding and enhancing the necessary support team around our rapidly growing Company."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Crowell & Moring LLP's corporate and securities practice is transaction-oriented, focusing on mergers and acquisitions, corporate finance, securities offerings, joint ventures, intellectual property arrangements and complex agreements of all kinds. Providing more than just corporate legal advice, pragmatic business judgment and creative problem solving underlies all of their work. With offices in Washington, DC, California, New York, London and Brussels, they provide seamless national and cross-border service.
Their Corporate Group represents large public corporations, privately held firms, private equity firms, emerging companies, and high net worth individuals in a wide range of industries. Their clients include major defense contractors, health care businesses, financial institutions, aviation companies, aerospace companies, pharmaceutical companies, telecom and technology companies, as well as entrepreneurs and trade associations.
Please visit www.crowell.com for more information about the firm.
NYMET President, Mark D. Klok, commented, "This engagement is indicative of our commitment to expanding and enhancing the necessary support team around our rapidly growing Company."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
GTLA Announces Strategic Partnership Between Sovereign Transfer Services and the Largest Chinese American Benevolent Assc. to Tap US$6 Billion Market
BALTIMORE, MD--(Marketwire - 09/21/09) - GT Legend Automotive Holdings Inc. (Pinksheets:GTLA - News) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GT Legend now announces that Sovereign Transfer Services, t/a Sovereign Card Services, has formed a strategic marketing partnership with the Fujien American Benevolent Association in New York and San Francisco to offer its debit card programs to the Association's members.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "We are delighted to be partnered with the Fujien American Benevolent Association, the oldest and largest Chinese Benevolent Association in the United States, representing approximately 1,000,000 Fujien Chinese Americans in greater New York and almost 350,000 in the San Francisco area; the highest concentration of Chinese Americans in the United States.
"The US outbound remittance market is approximately US$70 Billion, per annum and China is the second largest recipient of global remittance funds, approximately US$40 Billion, per annum. Estimates suggest that remittances into China from the US are approximately US$6-9 Billion, per annum, with the greatest concentration occurring one month prior to the Chinese New Year holiday. Remittance transactions to China are typically 3-5 times greater in value than those to Mexico. Fujien Province receives the largest volume and value of all remitted funds into China.
"This is an important community, which is industrious and has a proud record in philanthropy, both in the United States and in China. We look forward to working with the Association to offer our unique, low cost, 'bank in a card' products and will actively support its noble civic initiatives through the establishment of a Charitable Education Trust in memory of the former New York Association President, Mr. Sui Mui Chan.
"We are currently reviewing our options for the provision of other services, including bank to bank transfers for our clients, including into China, but will not be working with Envoy Services Ltd., in this regard."
Mr. Yee Dai Shek, on behalf of the Association, commented, "The Fujien American Benevolent Association is pleased to be working with Sovereign Card Services and to be able to offer a valuable service to its members, initially in Greater New York and San Francisco, followed by other US and international cities."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, remarked, "We are delighted to be partnered with the Fujien American Benevolent Association, the oldest and largest Chinese Benevolent Association in the United States, representing approximately 1,000,000 Fujien Chinese Americans in greater New York and almost 350,000 in the San Francisco area; the highest concentration of Chinese Americans in the United States.
"The US outbound remittance market is approximately US$70 Billion, per annum and China is the second largest recipient of global remittance funds, approximately US$40 Billion, per annum. Estimates suggest that remittances into China from the US are approximately US$6-9 Billion, per annum, with the greatest concentration occurring one month prior to the Chinese New Year holiday. Remittance transactions to China are typically 3-5 times greater in value than those to Mexico. Fujien Province receives the largest volume and value of all remitted funds into China.
"This is an important community, which is industrious and has a proud record in philanthropy, both in the United States and in China. We look forward to working with the Association to offer our unique, low cost, 'bank in a card' products and will actively support its noble civic initiatives through the establishment of a Charitable Education Trust in memory of the former New York Association President, Mr. Sui Mui Chan.
"We are currently reviewing our options for the provision of other services, including bank to bank transfers for our clients, including into China, but will not be working with Envoy Services Ltd., in this regard."
Mr. Yee Dai Shek, on behalf of the Association, commented, "The Fujien American Benevolent Association is pleased to be working with Sovereign Card Services and to be able to offer a valuable service to its members, initially in Greater New York and San Francisco, followed by other US and international cities."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp. trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
Sunday, September 20, 2009
Smokefree Innotec, Inc. on Track for Rollout of New Product
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO) (www.sfio.us or www.smokefree-innotec.com) announced today that it has expedited the manufacture of commercial-ready filter packages to ensure delivery during the week of September 21st.
Thomas Schroepfer, President of Smokefree Innotec, Inc., stated, “Because of the strong support from our worldwide network of distributors, we have instructed our filter manufacturer, ANH Biotechnology of Nordhausen, Germany, to move up their production schedule. We expect that the initial deliveries of the filter packages will enable us to make the first shipment of our innovative smoke-free cigarette-style electronic device by mid-October, with first sales to the public commencing shortly thereafter in several countries.”
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a Hi-Tec, smokeless cigarette innovation. Real Smokefree is a Patent Pending, odorless, cigarette-style electronic device and is designed to protect the non-smoker from second hand smoke and all its effects, while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking. Please visit our website, www.sfio.us or www.smokefree-innotec.com, for more information about the Company and our new product.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of Smokefree Innotec, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Thomas Schroepfer, President of Smokefree Innotec, Inc., stated, “Because of the strong support from our worldwide network of distributors, we have instructed our filter manufacturer, ANH Biotechnology of Nordhausen, Germany, to move up their production schedule. We expect that the initial deliveries of the filter packages will enable us to make the first shipment of our innovative smoke-free cigarette-style electronic device by mid-October, with first sales to the public commencing shortly thereafter in several countries.”
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a Hi-Tec, smokeless cigarette innovation. Real Smokefree is a Patent Pending, odorless, cigarette-style electronic device and is designed to protect the non-smoker from second hand smoke and all its effects, while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking. Please visit our website, www.sfio.us or www.smokefree-innotec.com, for more information about the Company and our new product.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of Smokefree Innotec, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
NYMET Holdings Inc. (NYMH) Announces the Commencement of Steel Shipments From Puerto Rico to Hong Kong
NEW YORK, NY--(Marketwire - 09/18/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the successful completion of negotiations with suppliers based in Puerto Rico for shipments to the Pacific Rim.
As per the Purchase Contract with Hong Kong based scrap steel dealer, Coppola Asia Limited, NYMET has begun loading and shipping HMS 1 & 2 heavy melting scrap steel material. The fully processed material is now ready to be shipped from the Port of San Juan to the Port of Hong Kong. NYMET, through its relationships with Anza Capital Partners and other NYMET affiliated scrap yards, has successfully procured 2,000 to 4,000 metric tons of HMS for shipment to Coppola Asia Limited. These shipments are expected to take place on a monthly basis.
NYMH President, Mark Daniel Klok, stated: "The completion of the first 1,000 metric tons of scrap metal is expected to be before the end of the month. Additionally, NYMET's suppliers have acknowledged that the remaining shipments are underway and are expected to be completed without delays." Mr. Klok went on to state that two additional Purchase Contracts are to be expected by and between NYMET and steel mill plants located in both Korea and Vietnam. Shipments on these contracts aim to be ready in the early fall.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
As per the Purchase Contract with Hong Kong based scrap steel dealer, Coppola Asia Limited, NYMET has begun loading and shipping HMS 1 & 2 heavy melting scrap steel material. The fully processed material is now ready to be shipped from the Port of San Juan to the Port of Hong Kong. NYMET, through its relationships with Anza Capital Partners and other NYMET affiliated scrap yards, has successfully procured 2,000 to 4,000 metric tons of HMS for shipment to Coppola Asia Limited. These shipments are expected to take place on a monthly basis.
NYMH President, Mark Daniel Klok, stated: "The completion of the first 1,000 metric tons of scrap metal is expected to be before the end of the month. Additionally, NYMET's suppliers have acknowledged that the remaining shipments are underway and are expected to be completed without delays." Mr. Klok went on to state that two additional Purchase Contracts are to be expected by and between NYMET and steel mill plants located in both Korea and Vietnam. Shipments on these contracts aim to be ready in the early fall.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Rostock Acquires High Impact Gold Prospect in World-Class Gold Region
SASKATOON, SASKATCHEWAN--(Marketwire - 09/18/09) - Rostock Ventures Corp. (OTC.BB:ROSV - News) Rostock Ventures wishes to report that the company has acquired what management feels is a high impact gold prospect located in the Yukon, Canada. The property is approximately 3200 contiguous acres and has similar geological characteristics as recent gold discoveries in close proximity to this new prospect. This prospect lies within the globally prolific mining region call the Tintina Gold Belt. The Tintina Gold Belt hosts world-class deposits including Donlin Creek (29.3 M ozs Au Proven & Probable reserves), Fort Knox (3.8 M ounces P & P), Pogo (3.6 M ozs P & P), Dublin Gulch (2.7 M ozs Indicated resource); as well as past producers with remaining resources such as Brewery Creek (approximately 278,484 ozs produced, 145,000 ozs Indicated + 143,000 ozs Inferred Resources) and several advanced staged exploration projects including Freegold Mountain and White Gold. A work program on this new prospect is anticipated to commence shortly.
Management is excited to have this new high impact gold project that is in a world-class mining region, especially in the light of near all-time highs on gold prices right now. Also, management is still evaluating additional projects that may add value to the company.
Forward-looking statements
Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of exploration programs; competition from other exploration or mining companies; and the company's ability to obtain additional funding required to conduct its exploration activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the company to differ materially from those expressed or implied in such forward looking statements. The company undertakes no obligation to update or revise any forward-looking statements.
Management is excited to have this new high impact gold project that is in a world-class mining region, especially in the light of near all-time highs on gold prices right now. Also, management is still evaluating additional projects that may add value to the company.
Forward-looking statements
Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of exploration programs; competition from other exploration or mining companies; and the company's ability to obtain additional funding required to conduct its exploration activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the company to differ materially from those expressed or implied in such forward looking statements. The company undertakes no obligation to update or revise any forward-looking statements.
Thursday, September 17, 2009
Micro Bubble Technology Signs $2M Agreement for Distribution Right of its Carbon Nano Tube Battery in North America
BARRINGTON, ILLINOIS--(Marketwire - 09/16/09) - Micro Bubble Technology, the new subsidiary of EcoloCap Solutions, (OTC.BB:ECOS - News) ("MBT") has signed an agreement with Next-Alternative Inc, (http://www.next-alternative.com) which agreed to pay $2 million in return for the exclusive right to market and distribute MBT's Carbon Nano Tube Battery for wheeled applications in North America.
In addition, Next-Alternative as a distributor for MBT's EM Fuel, has sold an EM-Fuel Nanomizer to make EM-Fuel for use in Montreal. Initially EM-Fuel will be used for delivery trucks. This first EM-Fuel Nanomizer sold in North America will produce 60 metric tons of EM-Fuel per 24-hour period. Although this sale is substantial, the main impact for the company is that it will create recurring revenue through sale of the additive needed in the production of EM Fuel.
Michael Siegel, President and CEO of Micro Bubble and EcoloCap stated: "The use of EM-Fuel is significant in the reduction of both emissions and cost. When EM-Fuel is used, replacing diesel or bunker fuel, there is a 60% reduction in emission (CO2, NOx, and particulate matter) a 40% reduction in fuel, and approximately 25% reduction in cost of fuel and maintenance of the diesel engine. We plan to deliver the third version of the Nanomizer with enhanced capabilities in October.
As for our CNT Batteries, we are establishing two initial production lines, one of which will be dedicated to Next-Alternative for distribution to the golf cart industry. The Carbon Nano Tube Batteries ("CNT Batteries") will sell for a slight premium to a similar type battery, but will yield up to 8 times the reserve capacity, recharge in less that ten minutes and MBT will offer a 5 year limited replacement guarantee if the battery is charged with the MBT charger system."
Additional information on the technologies is available on the MBT web sites (www.cnt-battery.com and www.microbubbletech.com).
About Micro Bubble Technology
Micro Bubble Technologies Inc. "MBT", is a "green" nanotechnology company, focused on energy solutions. MBT develops and markets nanotechnology-based energy products. MBT's Carbon Nano Tube batteries demonstrated to have 8 times the energy reserve capacity of traditional lead-acid batteries, 2.5 times that of lithium-ion batteries and a recharge time of five to 10 minutes - all for a slight premium over the price of similar lead-acid battery. MBT's EM-Fuel technology processes oil with water and a special additive through its own developed Nanomizer, with the result that the EM Fuel provides a 60% reduction in emissions, a 40% reduction in oil consumption, and a 25% reduction in cost of fuel and engine maintenance. MBT markets its products worldwide either directly or through agreements with distributors.
Use of Forward-looking Statements
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on the current expectations of the management of Micro Bubble Technology only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, "will allow us to speed up our growth and return to our stakeholders the return they expect from such a dynamic field as reduction of energy use as well as a major contribution to the green effort worldwide" is a forward-looking statement. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Micro Bubble Technology to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Micro Bubble Technology undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Micro Bubble Technology, reference is made to Micro Bubble Technology's reports filed from time to time with the Securities and Exchange Commission.
In addition, Next-Alternative as a distributor for MBT's EM Fuel, has sold an EM-Fuel Nanomizer to make EM-Fuel for use in Montreal. Initially EM-Fuel will be used for delivery trucks. This first EM-Fuel Nanomizer sold in North America will produce 60 metric tons of EM-Fuel per 24-hour period. Although this sale is substantial, the main impact for the company is that it will create recurring revenue through sale of the additive needed in the production of EM Fuel.
Michael Siegel, President and CEO of Micro Bubble and EcoloCap stated: "The use of EM-Fuel is significant in the reduction of both emissions and cost. When EM-Fuel is used, replacing diesel or bunker fuel, there is a 60% reduction in emission (CO2, NOx, and particulate matter) a 40% reduction in fuel, and approximately 25% reduction in cost of fuel and maintenance of the diesel engine. We plan to deliver the third version of the Nanomizer with enhanced capabilities in October.
As for our CNT Batteries, we are establishing two initial production lines, one of which will be dedicated to Next-Alternative for distribution to the golf cart industry. The Carbon Nano Tube Batteries ("CNT Batteries") will sell for a slight premium to a similar type battery, but will yield up to 8 times the reserve capacity, recharge in less that ten minutes and MBT will offer a 5 year limited replacement guarantee if the battery is charged with the MBT charger system."
Additional information on the technologies is available on the MBT web sites (www.cnt-battery.com and www.microbubbletech.com).
About Micro Bubble Technology
Micro Bubble Technologies Inc. "MBT", is a "green" nanotechnology company, focused on energy solutions. MBT develops and markets nanotechnology-based energy products. MBT's Carbon Nano Tube batteries demonstrated to have 8 times the energy reserve capacity of traditional lead-acid batteries, 2.5 times that of lithium-ion batteries and a recharge time of five to 10 minutes - all for a slight premium over the price of similar lead-acid battery. MBT's EM-Fuel technology processes oil with water and a special additive through its own developed Nanomizer, with the result that the EM Fuel provides a 60% reduction in emissions, a 40% reduction in oil consumption, and a 25% reduction in cost of fuel and engine maintenance. MBT markets its products worldwide either directly or through agreements with distributors.
Use of Forward-looking Statements
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on the current expectations of the management of Micro Bubble Technology only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, "will allow us to speed up our growth and return to our stakeholders the return they expect from such a dynamic field as reduction of energy use as well as a major contribution to the green effort worldwide" is a forward-looking statement. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Micro Bubble Technology to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Micro Bubble Technology undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Micro Bubble Technology, reference is made to Micro Bubble Technology's reports filed from time to time with the Securities and Exchange Commission.
NYMET Holdings Inc. (NYMH) Announces the Finalization of Agreements With Sub Contractors for the Commencement of Marine Salvage Operations
NEW YORK, NY--(Marketwire - 09/17/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the successful finalization of agreements for the processing of ferrous and non-ferrous metals from the M/V Fresno and the M/V San Leandro with Enterprise Marine Company, Inc.
NYMET has successfully concluded contract negotiations with Enterprise Marine for the demolition and processing of all ferrous and non-ferrous metals derived from both ferry barges. Enterprise Marine is a marine salvage company servicing the San Francisco Bay, as well as the Delta Waterway. Enterprise Marine has already deployed their own surveyor to conduct and quantify the available steel tonnage and stated: "2,000 tons is a very conservative estimate based on a visual inspection of both barges."
In addition, NYMET has concluded contract negotiation with professional diving company, B'NEATH THE WAVES, Inc., which is located in Sheridan, California. B'NEATH THE WAVES is owned and operated by Mr. Mark Hicks, a former naval diver. Mr. Hicks brings a wealth of maritime knowledge, as well as proficiency related to maritime laws and procedures. B'NEATH THE WAVES is expected to greatly increase the efficiency and value of NYMET's new marine salvage terminal operations.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
NYMET has successfully concluded contract negotiations with Enterprise Marine for the demolition and processing of all ferrous and non-ferrous metals derived from both ferry barges. Enterprise Marine is a marine salvage company servicing the San Francisco Bay, as well as the Delta Waterway. Enterprise Marine has already deployed their own surveyor to conduct and quantify the available steel tonnage and stated: "2,000 tons is a very conservative estimate based on a visual inspection of both barges."
In addition, NYMET has concluded contract negotiation with professional diving company, B'NEATH THE WAVES, Inc., which is located in Sheridan, California. B'NEATH THE WAVES is owned and operated by Mr. Mark Hicks, a former naval diver. Mr. Hicks brings a wealth of maritime knowledge, as well as proficiency related to maritime laws and procedures. B'NEATH THE WAVES is expected to greatly increase the efficiency and value of NYMET's new marine salvage terminal operations.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Wednesday, September 16, 2009
NYMET Holdings Inc. (NYMH) Announces Purchase Contract With Hong Kong Based Scrap Dealer Coppola Asia Limited
NEW YORK, NY--(Marketwire - 09/16/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News) (www.nymetusa.com), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announced that they have entered into a Purchase Contract for ferrous scrap metal with Coppola Asia Limited, a scrap dealer based in Hong Kong with major distribution throughout the Pacific Rim.
Mr. Robert Edwards, Executive Account Representative for NYMET Holdings, stated that the Purchase Contract calls for the sale of 1,000 metric tons of HMS 1 & 2 heavy melting scrap steel material. The material is expected to be delivered to Coppola Asia Limited over the next several weeks. This relationship will help develop NYMET's entry into the Hong Kong market. NYMET's management has concluded the logistics and organized the necessary requirements to begin loading and shipping the contracted material later this week. Coppola will have the ability to buy more material once this initial sale is completed. The total 1,000 metric tons of material will commence delivery this week and represents only a fraction of the overall potential the two companies have together.
About Purchaser:
Coppola Asia Limited (HK), established in 2007, is located in central Hong Kong. Coppola specializes in the importing of steel scrap. Coppola has stable suppliers in North and South America, as well as Europe, and sells their products to steel mills in Hong Kong, Taiwan, Vietnam, and China. Further, they have both yard and dock unloading facilities in Hong Kong and China.
Edward R. Gulmi, Senior Vice President of NYMH, stated: "This initial Purchase Contract is a significant achievement for the Company. This transaction allows NYMET to expand its customer base within the Asia markets and we and anticipate additional Purchase Contracts from new customers throughout the upcoming year."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Mr. Robert Edwards, Executive Account Representative for NYMET Holdings, stated that the Purchase Contract calls for the sale of 1,000 metric tons of HMS 1 & 2 heavy melting scrap steel material. The material is expected to be delivered to Coppola Asia Limited over the next several weeks. This relationship will help develop NYMET's entry into the Hong Kong market. NYMET's management has concluded the logistics and organized the necessary requirements to begin loading and shipping the contracted material later this week. Coppola will have the ability to buy more material once this initial sale is completed. The total 1,000 metric tons of material will commence delivery this week and represents only a fraction of the overall potential the two companies have together.
About Purchaser:
Coppola Asia Limited (HK), established in 2007, is located in central Hong Kong. Coppola specializes in the importing of steel scrap. Coppola has stable suppliers in North and South America, as well as Europe, and sells their products to steel mills in Hong Kong, Taiwan, Vietnam, and China. Further, they have both yard and dock unloading facilities in Hong Kong and China.
Edward R. Gulmi, Senior Vice President of NYMH, stated: "This initial Purchase Contract is a significant achievement for the Company. This transaction allows NYMET to expand its customer base within the Asia markets and we and anticipate additional Purchase Contracts from new customers throughout the upcoming year."
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
P Stone Inc. Signs Dealers Located in Saskatchewan, Canada
RED CLIFF, AB--(Marketwire - 09/16/09) - NRP Stone Inc. (Pinksheets:NRPI - News) announced today that the company has signed agreements with five funeral homes located in different parts of the province of Saskatchewan in Canada. The following funeral homes that have agreed to carry the line of NRP Stone Inc. products include: Brinkley's Funeral Service located in Shaunavon, Moose Jaw Funeral Home located in Moose Jaw, Parkside Funeral Home located in Swift Current and Piche-Hawkins Grondin Funeral Chapels located in Assiniboia and Gravelbourg, Saskatchewan.
Each funeral home currently has a show room inventory supplied by NRP Stone Inc.
Funeral Directors wishing to carry this line of products can contact the company at www.nrpstone.com
For more information on the company go to www.nrpstone.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Each funeral home currently has a show room inventory supplied by NRP Stone Inc.
Funeral Directors wishing to carry this line of products can contact the company at www.nrpstone.com
For more information on the company go to www.nrpstone.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Juniper Group Announces Formation of New Telecommunications Subsidiary
BOCA RATON, Fla.--(BUSINESS WIRE)--In light of the recent regulations regarding the upgrading of cellular towers, which is expected to bring billions of dollars to the telecommunications industry, Juniper (OTCBB:JUNP - News) announced today that it has formed a new subsidiary, The Ryan Pierce Group, Inc.
Ryan Pierce was formed to handle the enormous influx of jobs that Juniper anticipates it will be asked to handle over the next 24 to 36 months. As such, we believe Ryan Pierce is poised to be a turn-key solution for all our customer needs, from site acquisition to on-air completion.
Vlado P. Hreljanovic, President and CEO of Juniper said, “Our new RPG management team is comprised of talented and dedicated professionals with over 50 years cumulative experience in the telecommunication business. Their enthusiasm and confidence in our success speaks volumes. We look forward to the exciting challenges that lay ahead.”
SAFE HARBOR STATEMENT
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 Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expansion of the telecommunications industry and Ryan Pierce’s role in the industry. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk factors discussed in the Business and Management’s Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
Ryan Pierce was formed to handle the enormous influx of jobs that Juniper anticipates it will be asked to handle over the next 24 to 36 months. As such, we believe Ryan Pierce is poised to be a turn-key solution for all our customer needs, from site acquisition to on-air completion.
Vlado P. Hreljanovic, President and CEO of Juniper said, “Our new RPG management team is comprised of talented and dedicated professionals with over 50 years cumulative experience in the telecommunication business. Their enthusiasm and confidence in our success speaks volumes. We look forward to the exciting challenges that lay ahead.”
SAFE HARBOR STATEMENT
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 Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expansion of the telecommunications industry and Ryan Pierce’s role in the industry. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk factors discussed in the Business and Management’s Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
Tuesday, September 15, 2009
Somatic Systems, Inc. Doubles Training Classes for 2009
NORTHAMPTON, MA--(Marketwire - 09/15/09) - Somatic Systems, Inc. (Pinksheets:SMAS - News) is pleased to announce the launch of a second Clinical Somatics Professional Training Program this year. The program will begin December 5, and feature a convenient, innovative modular format to accommodate a variety of professional schedules.
Somatic Systems Institute began a Professional Training Program class in June of this year, despite a weak economy which found many other educational offerings contracting. As various economic and consumer awareness factors have continued to improve, there has been increasing demand for Somatic Systems Institute's training program. The company stated that there were originally no plans for additional training offerings this year, however, the company needed to double its training classes in response to this demand.
The Clinical Somatics Professional Training Program is Somatic Systems' highest revenue product, with a tuition price of $12,000 per student. Additionally, professional training students generate significant growth in consumer awareness and sales of Somatic Systems' other products and services.
Students in the Professional Training Program are trained in Somatic Systems' proprietary Clinical Somatics pain management system. Graduates are qualified to work in clinical settings and exercise and training environments to help with chronic pain, injuries, and joint and muscle problems, as well as help athletes, dancers, and others to improve flexibility and physical strength, agility, and performance. Certification in Clinical Somatics also enables practitioners to work in any of Somatic Systems' clinic locations nationwide.
The company discussed the importance of expanded training classes: Somatic Systems is engaged in a variety of accreditation processes that are expected to increase demand for the training further. Additionally, Somatic Systems is in negotiations to provide Somatics to various agencies and health care institutions that are expected to increase a need for practitioners exponentially.
"There has never been a more exciting time to begin a career in Clinical Somatics. We are seeing awareness of Somatics increase like never before, and unprecedented opportunities arise for expansion worldwide. The world will need a wave of new practitioners to serve this growing demand, and we look forward to providing that," stated Somatic Systems CEO Steven Aronstein.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Somatic Systems Institute began a Professional Training Program class in June of this year, despite a weak economy which found many other educational offerings contracting. As various economic and consumer awareness factors have continued to improve, there has been increasing demand for Somatic Systems Institute's training program. The company stated that there were originally no plans for additional training offerings this year, however, the company needed to double its training classes in response to this demand.
The Clinical Somatics Professional Training Program is Somatic Systems' highest revenue product, with a tuition price of $12,000 per student. Additionally, professional training students generate significant growth in consumer awareness and sales of Somatic Systems' other products and services.
Students in the Professional Training Program are trained in Somatic Systems' proprietary Clinical Somatics pain management system. Graduates are qualified to work in clinical settings and exercise and training environments to help with chronic pain, injuries, and joint and muscle problems, as well as help athletes, dancers, and others to improve flexibility and physical strength, agility, and performance. Certification in Clinical Somatics also enables practitioners to work in any of Somatic Systems' clinic locations nationwide.
The company discussed the importance of expanded training classes: Somatic Systems is engaged in a variety of accreditation processes that are expected to increase demand for the training further. Additionally, Somatic Systems is in negotiations to provide Somatics to various agencies and health care institutions that are expected to increase a need for practitioners exponentially.
"There has never been a more exciting time to begin a career in Clinical Somatics. We are seeing awareness of Somatics increase like never before, and unprecedented opportunities arise for expansion worldwide. The world will need a wave of new practitioners to serve this growing demand, and we look forward to providing that," stated Somatic Systems CEO Steven Aronstein.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
NRP Stone, Inc. Provides "Worthy Vessels" for Cremated Remains
RED CLIFF, AB--(Marketwire - 09/15/09) - NRP Stone (Pinksheets:NRPI - News) is cognizant that the Catholic Church has approved an Appendix to the Order of Christian funerals and also of the Code of Canon Law paragraphs 1176, 1184 and 2301 that deal specifically with the Catholic beliefs on cremation. It reiterates the normative suggestion that cremation may take place after the funeral liturgy, but now also permits a funeral liturgy to be celebrated with the cremated remains in a place of honor.
The Church stresses that the same reverence be shown to the cremated remains as to bodily remains and that ashes are not to be scattered or sprinkled, but are to be placed in a "worthy vessel." This decree has given Catholics worldwide a clear statement of conduct with regards to cremation and treatment of the cremated remains.
NRP Stone Inc. has developed their products to meet this high level of concern placed on cremation and the cremated remains of members of the Catholic Church.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
The Church stresses that the same reverence be shown to the cremated remains as to bodily remains and that ashes are not to be scattered or sprinkled, but are to be placed in a "worthy vessel." This decree has given Catholics worldwide a clear statement of conduct with regards to cremation and treatment of the cremated remains.
NRP Stone Inc. has developed their products to meet this high level of concern placed on cremation and the cremated remains of members of the Catholic Church.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Monday, September 14, 2009
GT Legend Automotive Announces Strategic Partnership With Greenlink Interactive
FULLERTON, CA--(Marketwire - 09/14/09) - GT Legend Automotive Holdings Inc. (Pinksheets:GTLA - News) announced recently that a Binding Letter of Intent had been signed to acquire Sovereign Transfer Services Corp. GT Legend now announces that Sovereign Transfer Services Corp., trading as Sovereign Card Services, is forming a joint venture with Greenlink Interactive, to develop PODS (point of decision systems) that will allow the sender and recipient to see each other "LIVE" during the banking transaction. These PODS will be deployed in high traffic retail locations such as grocery stores, malls, mini-marts and major retail stores worldwide.
Sir Michael Burton-Prateley, CEO and President of Sovereign, remarked, "We are delighted to be partnered with Greenlink to bring an important service to those who are currently disadvantaged through lack of access to safe, reliable and inexpensive cash management services. In addition we believe that in pioneering deployment of reverse ATM equipped PODS, we can empower individuals to take complete control of their banking activities -- depositing, withdrawing and transferring funds and paying bill at the POD, in real time and at very attractive charges. There are over 40 million Americans who do not currently have bank accounts -- we will offer a compelling 'banking system' to these valuable individuals and provide a low cost platform for US-based individuals to support their families and dependents anywhere in the world."
Jim Wheeler, CEO of Greenlink Interactive, commented, "I am excited about the future and the ability Greenlink Interactive and Sovereign will have to reconnect families throughout the world."
About GT Legend Automotive Holdings Inc.:
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp., trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
About Greenlink Interactive:
Based in Corona, California, Greenlink Interactive is a technology-driven service company that has developed new hardware, software and methodologies to better serve customers in a number of venues. Based upon proven technology, science, engineering, product design, and products that have been successfully developed over the past decade. For more information, please visit our website at www.greenlinkinteractive.com, or contact our Investor Relations Department at 1-888-548-3002.
Sir Michael Burton-Prateley, CEO and President of Sovereign, remarked, "We are delighted to be partnered with Greenlink to bring an important service to those who are currently disadvantaged through lack of access to safe, reliable and inexpensive cash management services. In addition we believe that in pioneering deployment of reverse ATM equipped PODS, we can empower individuals to take complete control of their banking activities -- depositing, withdrawing and transferring funds and paying bill at the POD, in real time and at very attractive charges. There are over 40 million Americans who do not currently have bank accounts -- we will offer a compelling 'banking system' to these valuable individuals and provide a low cost platform for US-based individuals to support their families and dependents anywhere in the world."
Jim Wheeler, CEO of Greenlink Interactive, commented, "I am excited about the future and the ability Greenlink Interactive and Sovereign will have to reconnect families throughout the world."
About GT Legend Automotive Holdings Inc.:
GT Legend Automotive Holdings, Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. GTLA is in the process of acquiring Sovereign Transfer Services Corp., trading as Sovereign Card Services. Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
About Greenlink Interactive:
Based in Corona, California, Greenlink Interactive is a technology-driven service company that has developed new hardware, software and methodologies to better serve customers in a number of venues. Based upon proven technology, science, engineering, product design, and products that have been successfully developed over the past decade. For more information, please visit our website at www.greenlinkinteractive.com, or contact our Investor Relations Department at 1-888-548-3002.
NYMET Holdings Inc. (NYMH) Successfully Executes Purchase Contract for Marine Salvage Port Facility
NEW YORK, NY--(Marketwire - 09/14/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announced today the successful execution of a Lease Purchase Contract to acquire a marine salvage and storage facility located in Stockton, California. The acquisition, which includes two waterfront parcels, as well as riparian rights, provides NYMET a strategic location to expand their Marine Salvage Division for scrap metal recovery.
The property, located on the waterfront of the San Joaquin River, in Stockton, California will provide NYMET the ability to process and transport scrap metal derived from the salvage and ship breaking opportunities available on the west coast of North America. The facility provides access to the Delta waterway as well as the ability to park salvage barges.
In addition to being one of the last waterfront properties permitted for storage and marine salvage operations, the Property's proximity to Oakland's port also enables NYMET to export material to Asia extremely cost effectively. The facility, with its riparian rights, also allows NYMET to have barges "parked" at their facility and provides an enormous logistical advantage.
This acquisition marks yet another significant milestone for NYMET and their shareholders. The acquisition positions NYMET to recognize significant cash flow from their marine salvage operations.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
The property, located on the waterfront of the San Joaquin River, in Stockton, California will provide NYMET the ability to process and transport scrap metal derived from the salvage and ship breaking opportunities available on the west coast of North America. The facility provides access to the Delta waterway as well as the ability to park salvage barges.
In addition to being one of the last waterfront properties permitted for storage and marine salvage operations, the Property's proximity to Oakland's port also enables NYMET to export material to Asia extremely cost effectively. The facility, with its riparian rights, also allows NYMET to have barges "parked" at their facility and provides an enormous logistical advantage.
This acquisition marks yet another significant milestone for NYMET and their shareholders. The acquisition positions NYMET to recognize significant cash flow from their marine salvage operations.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Somatic Systems, Inc. Reinvigorates Efforts With US Military
NORTHAMPTON, MA--(Marketwire - 09/14/09) - Somatic Systems, Inc. (Pinksheets:SMAS - News) stated that they have accelerated their efforts on their projects to provide pain care services to the US Military and establish Military health insurance coverage for Somatic Systems' powerful Clinical Somatics pain treatment method.
Somatic Systems is pursing a number of goals with the US Military to implement large-scale treatment of the 70 million soldiers, veterans, and dependents in the military health care system using its advanced Clinical Somatics pain care and injury treatment methods. This includes providing retail therapeutic self-help products and in-patient services at Veterans and military hospitals, as well as achieving coverage by military health insurance. Additionally, the company is currently planning a rollout of clinical treatment centers adjacent to military bases and other locations across the US to provide sufficient services to personnel.
Somatic Systems has re-engaged with Leading Points Corporation to assist in reaching key milestones in their efforts. These include rollout planning and market analysis for retail product distribution, as well as placement of the company's product on the Army and Air Force Exchange Service (AAFES) Source List, the Navy Exchange Service Command (NEX COM) Source List, the Coast Guard Exchange System (CGES) Source List, the Marine Corps Exchange System (MCX) Source List. Leading points will also provide liaison, distribution, sales, and coordination services for these retail efforts.
In the area of clinical treatment services and clinics, Leading Points will facilitate the company's provision of services to members of the armed forces and their families by members of the military health care system, across all branches of the United States Armed Forces (US Army, US Navy, US Air Force, US Marine Corps and the US Coast Guard). Leading points will also act as liaison between military organizations and the Company to facilitate all matters of marketing and advertising of services. As an organization composed of veterans and advised by generals and other active officers, Leading Points facilitates access to key decision makers of the US Military health care system to include active military hospital commanders, Pain management specialist, Veterans administration personnel and manager and policy makers of Insurance providers. Leading points will also assist with additional presence, education, and marketing in military communities and events, as well as work with military related charity programs.
To these ends, Leading Points has and will continue to introduce the Somatic Systems to a multitude of Military media outlets to promote and enhance the sales of company's products. Leading Points will also assist with military appreciation programs, to offer discounts and other savings to our nations active soldiers and veterans and their families.
The company's efforts were slowed due to economic and market factors, temporarily preventing Leading Points participation in the project. The company has secured the necessary financial position and is again ready to reach its military goals.
The Military Chronic Pain Crisis
In October, Somatic Systems announced it was working to provide its proprietary Clinical Somatics pain-care services for US military hospitals and the Veterans Administration. In addition to seeking in-house arrangements at bases and facilities, the company is preparing to rollout multiple clinics at military base locations throughout the US, to provide easy access to Clinical Somatics services at a time when the US military is strongly seeking satisfactory pain treatment solutions such as Clinical Somatics -- and following a wave of legislation including the Military Pain Care Act of 2008, which requires the Department of Defense, Veterans Affairs, and Health and Human Services and the Surgeon General of the United States to implement and maintain a pain care initiative in all military health care facilities and for all active and retired military personnel, dependents, and survivors.
Nearly 26 million living Americans have served in the military, and pain is the most common symptom and cause of disability amongst veterans, with more than 40% of returning service members reporting musculoskeletal pain-related problems and symptoms. Additionally, long-term sufferers as well as family members and other dependents of all ages also face pain and other musculoskeletal problems; and this population totals over 70 million people, served by the Veterans Administration. In the face of this, military officials, medical authorities, and government officials have reported frustration that the military does not yet have a satisfactory pain care program in place.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Somatic Systems is pursing a number of goals with the US Military to implement large-scale treatment of the 70 million soldiers, veterans, and dependents in the military health care system using its advanced Clinical Somatics pain care and injury treatment methods. This includes providing retail therapeutic self-help products and in-patient services at Veterans and military hospitals, as well as achieving coverage by military health insurance. Additionally, the company is currently planning a rollout of clinical treatment centers adjacent to military bases and other locations across the US to provide sufficient services to personnel.
Somatic Systems has re-engaged with Leading Points Corporation to assist in reaching key milestones in their efforts. These include rollout planning and market analysis for retail product distribution, as well as placement of the company's product on the Army and Air Force Exchange Service (AAFES) Source List, the Navy Exchange Service Command (NEX COM) Source List, the Coast Guard Exchange System (CGES) Source List, the Marine Corps Exchange System (MCX) Source List. Leading points will also provide liaison, distribution, sales, and coordination services for these retail efforts.
In the area of clinical treatment services and clinics, Leading Points will facilitate the company's provision of services to members of the armed forces and their families by members of the military health care system, across all branches of the United States Armed Forces (US Army, US Navy, US Air Force, US Marine Corps and the US Coast Guard). Leading points will also act as liaison between military organizations and the Company to facilitate all matters of marketing and advertising of services. As an organization composed of veterans and advised by generals and other active officers, Leading Points facilitates access to key decision makers of the US Military health care system to include active military hospital commanders, Pain management specialist, Veterans administration personnel and manager and policy makers of Insurance providers. Leading points will also assist with additional presence, education, and marketing in military communities and events, as well as work with military related charity programs.
To these ends, Leading Points has and will continue to introduce the Somatic Systems to a multitude of Military media outlets to promote and enhance the sales of company's products. Leading Points will also assist with military appreciation programs, to offer discounts and other savings to our nations active soldiers and veterans and their families.
The company's efforts were slowed due to economic and market factors, temporarily preventing Leading Points participation in the project. The company has secured the necessary financial position and is again ready to reach its military goals.
The Military Chronic Pain Crisis
In October, Somatic Systems announced it was working to provide its proprietary Clinical Somatics pain-care services for US military hospitals and the Veterans Administration. In addition to seeking in-house arrangements at bases and facilities, the company is preparing to rollout multiple clinics at military base locations throughout the US, to provide easy access to Clinical Somatics services at a time when the US military is strongly seeking satisfactory pain treatment solutions such as Clinical Somatics -- and following a wave of legislation including the Military Pain Care Act of 2008, which requires the Department of Defense, Veterans Affairs, and Health and Human Services and the Surgeon General of the United States to implement and maintain a pain care initiative in all military health care facilities and for all active and retired military personnel, dependents, and survivors.
Nearly 26 million living Americans have served in the military, and pain is the most common symptom and cause of disability amongst veterans, with more than 40% of returning service members reporting musculoskeletal pain-related problems and symptoms. Additionally, long-term sufferers as well as family members and other dependents of all ages also face pain and other musculoskeletal problems; and this population totals over 70 million people, served by the Veterans Administration. In the face of this, military officials, medical authorities, and government officials have reported frustration that the military does not yet have a satisfactory pain care program in place.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics(TM), the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques -- conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day -- to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics(TM) also provides performance gains and injury prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources, and opportunities, at www.somatics.org.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Sunday, September 13, 2009
GT Legend Automotive Announces Signing Binding Memorandum of Understanding to Acquire Sovereign Card Services
FULLERTON, CA--(Marketwire - 09/11/09) - GT Legend Automotive Holdings Inc. (Pinksheets:GTLA - News) announces that it has signed a binding letter of intent to acquire Sovereign Transfer Services Corporation, trading as Sovereign Card Services. Sir Michael Burton-Prateley, Executive Chairman of Sovereign, will join the GTLA board with immediate effect.
A Director of GTLA said, "We are pleased to announce that we have signed a binding Memorandum of Understanding to acquire Sovereign Transfer Services Corporation. We will now work to complete the acquisition in a timely manner and look forward to building the Sovereign business worldwide."
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, said, "We are delighted to announce the signing of this Binding Memorandum of Understanding and look forward to working with the GTLA management team to roll out our business development strategy. Sovereign's suit of products and services addresses a very substantial domestic and international market, which we intend to fully address."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. With a combined 40 plus years in the industry, the management of the company are forward thinkers who see the challenges within the industry and have not only kept up with the changes but are on the cutting edge of technology and innovation.
About Sovereign Card Services Inc.
Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
A Director of GTLA said, "We are pleased to announce that we have signed a binding Memorandum of Understanding to acquire Sovereign Transfer Services Corporation. We will now work to complete the acquisition in a timely manner and look forward to building the Sovereign business worldwide."
Sir Michael Burton-Prateley, Executive Chairman of Sovereign, said, "We are delighted to announce the signing of this Binding Memorandum of Understanding and look forward to working with the GTLA management team to roll out our business development strategy. Sovereign's suit of products and services addresses a very substantial domestic and international market, which we intend to fully address."
About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings Inc. is a Nevada corporation developed to meet the growing needs of the ever-changing automobile after market and to introduce a patent pending "Green Energy" conversion for cars and trucks, that is expected to increase mileage while adding horsepower and reducing emissions. With a combined 40 plus years in the industry, the management of the company are forward thinkers who see the challenges within the industry and have not only kept up with the changes but are on the cutting edge of technology and innovation.
About Sovereign Card Services Inc.
Sovereign Card Services provides both VISA and MasterCard, secure, full service debit cards, providing cardholders with ready access to cash at millions of ATMs worldwide and which enable cardholders to conveniently pay for purchases at retailers everywhere. In addition Sovereign cards provide secure, low cost, convenient transfer of funds to relatives and loved ones through Sovereign's "Companion Card" program. Sovereign Debit Cards are easy to load, whether by cash, direct deposit, wire transfer or money order. For more information, visit www.sovereigncardservices.com.
NYMET Holdings Inc. (NYMH) Announces the Successful Commencement of Steel Shipments to Bayou Steel
NEW YORK, NY--(Marketwire - 09/11/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the successful loading and shipment of steel to Bayou Steel.
As per the Purchase Order with Bayou Steel, NYMET has begun loading and shipping the material processed and on the ground at the Reed Saw Mill Property. NYMET, through Arkansas based J&K Trucking, has successfully delivered 40 truckloads of steel to the Bayou Steel facility located in La Place, Louisiana and anticipates the completion of the first 1000 gross tons of scrap metal to be completed shortly. Bayou Steel has acknowledged that all the shipments have been delivered as per the agreed specifications and all shipments have been accepted without any claims or discrepancies. A second Purchase Order from Bayou Steel is already under negotiation for September through October delivery.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations
As per the Purchase Order with Bayou Steel, NYMET has begun loading and shipping the material processed and on the ground at the Reed Saw Mill Property. NYMET, through Arkansas based J&K Trucking, has successfully delivered 40 truckloads of steel to the Bayou Steel facility located in La Place, Louisiana and anticipates the completion of the first 1000 gross tons of scrap metal to be completed shortly. Bayou Steel has acknowledged that all the shipments have been delivered as per the agreed specifications and all shipments have been accepted without any claims or discrepancies. A second Purchase Order from Bayou Steel is already under negotiation for September through October delivery.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations
Thursday, September 10, 2009
Salon City and Liquid Technologies Manufacturer Ink Deal
BEVERLY HILLS, CA--(Marketwire - 09/10/09) - Ewire -- Salon City, Inc. (Pinksheets:SALN - News) announced today that it has signed a 2009-10 agreement with private labeler Liquid Technologies, an upscale personal hair care manufacturer, to begin promoting the two companies combined capabilities to manufacture products and provide media, branding and distribution services to a select group of high end salons including Salon City's HOT 100 Salons in America(SM).
Salon City's management says the signing represents the beginning step of a strategic goal in its business plan to provide independent salons who become licensed by Salon City the services to develop and expand their private label brands through the company's media distribution channels. The rollout announcements will begin this fall with a series of advertisements in Beauty Entertainment magazine and will continue with a planned salon industry meeting in early 2010.
John Maruszewski, President of Liquid Technologies, commented on Salon City's product and distribution strategy, "The professional salon industry is one of the most dynamic and exciting industries I have seen in many years. As a long time manufacturer of personal care products, we have experienced many products and niches for which they were distributed. What Salon City is embarking upon is the most progressive program I have ever seen. The professional salon industry has motivated us as a manufacturer to specialize in this area, and what Salon City is coordinating is a perfect sign of the times. We feel that this industry has become a springboard for any successful brand, in any market, and that Salon City has every resource available to assist the current celebrity, salon owner or entrepreneur to reap the benefits of the retail market. I look forward to seeing the success of this program and I am convinced it will be sooner than later."
For the full release please follow this link: http://www.ewire.com/display.cfm/Wire_ID/5322
Salon City's management says the signing represents the beginning step of a strategic goal in its business plan to provide independent salons who become licensed by Salon City the services to develop and expand their private label brands through the company's media distribution channels. The rollout announcements will begin this fall with a series of advertisements in Beauty Entertainment magazine and will continue with a planned salon industry meeting in early 2010.
John Maruszewski, President of Liquid Technologies, commented on Salon City's product and distribution strategy, "The professional salon industry is one of the most dynamic and exciting industries I have seen in many years. As a long time manufacturer of personal care products, we have experienced many products and niches for which they were distributed. What Salon City is embarking upon is the most progressive program I have ever seen. The professional salon industry has motivated us as a manufacturer to specialize in this area, and what Salon City is coordinating is a perfect sign of the times. We feel that this industry has become a springboard for any successful brand, in any market, and that Salon City has every resource available to assist the current celebrity, salon owner or entrepreneur to reap the benefits of the retail market. I look forward to seeing the success of this program and I am convinced it will be sooner than later."
For the full release please follow this link: http://www.ewire.com/display.cfm/Wire_ID/5322
Wednesday, September 9, 2009
Ingen Receives $28M Aggregate Valuation From Investment Bank
YUCAIPA, Calif., Sept. 8, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing ageing population and emerging markets for Home (DME), Hospital and Aviation Industries announced today that the company received an aggregate valuation of as much as $28M from the FINRA licensed Investment Banking firm Pacific Pearl Group.
On September 1, 2009, David Yang, Senior Vice President of the Pasadena, California-based investment banking group, Pacific Pearl Group, provided the company with the valuation documents indicating that their aggregate valuation performed on Ingen was $17M-$28M. "Extensive research involved examining the competitive landscape. The search of comparables involved extensive discussions on 'comparables', as IGNT is very different from the majority of medical device companies focused on the respiratory market; the value of the company is not reflected in LTM sales," stated David Yang, Senior Vice President of Pacific Pearl Group.
The Pacific Pearl Group is also assessing potential strategic acquirers both domestically and internationally. There are several interested companies that are private based corporations with annual earnings ranging from $40M-$60M that have an interest and are in discussions with the Pacific Pearl Group. The Pacific Pearl Group will determine the financial and strategic fit for these companies.
"The Pacific Pearl Group plays a very important part of any future acquisition of Ingen Technologies. The new Oxyview Nasal Cannula has provided an increasing revenue base and has positioned Ingen within the respiratory industry and has attracted various acquirers," stated Scott Sand, CEO and Chairman of the Board of Ingen Technologies.
http://www.pacpearl.com/index.html
www.ingen-tech.com
About Ingen Technologies/Oxyview:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the US, and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing US and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufactures all of its respiratory products in the United States. There are 32 million US patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
www.ingen-tech.com
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
On September 1, 2009, David Yang, Senior Vice President of the Pasadena, California-based investment banking group, Pacific Pearl Group, provided the company with the valuation documents indicating that their aggregate valuation performed on Ingen was $17M-$28M. "Extensive research involved examining the competitive landscape. The search of comparables involved extensive discussions on 'comparables', as IGNT is very different from the majority of medical device companies focused on the respiratory market; the value of the company is not reflected in LTM sales," stated David Yang, Senior Vice President of Pacific Pearl Group.
The Pacific Pearl Group is also assessing potential strategic acquirers both domestically and internationally. There are several interested companies that are private based corporations with annual earnings ranging from $40M-$60M that have an interest and are in discussions with the Pacific Pearl Group. The Pacific Pearl Group will determine the financial and strategic fit for these companies.
"The Pacific Pearl Group plays a very important part of any future acquisition of Ingen Technologies. The new Oxyview Nasal Cannula has provided an increasing revenue base and has positioned Ingen within the respiratory industry and has attracted various acquirers," stated Scott Sand, CEO and Chairman of the Board of Ingen Technologies.
http://www.pacpearl.com/index.html
www.ingen-tech.com
About Ingen Technologies/Oxyview:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the US, and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing US and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufactures all of its respiratory products in the United States. There are 32 million US patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
www.ingen-tech.com
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
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