- New Process Reduces Material Costs by Up to 80% and is Carbon Neutral -
HANFORD, Calif., April 29 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets: THRR - News), a California-based manufacturer of precision recycled aluminum and advanced metal matrix composite parts, is pleased to announce its latest innovation in eco-friendly casting, the Nautilus Core System ("Nautilus Core"). Developed by Thresher Industries, the Nautilus Core is a proprietary bio-degradable manufacturing process of producing cores for use in aluminum and magnesium casting. The system allows the core to be removed easily through high-pressure steam or water and can rest in areas not suitable for sand or foam core. The Nautilus Core can be used to generate internal and runner shapes as well as passages in virtually any metal casting, including high-pressure casting and permanent mold casting as well as plastic parts.
"The Nautilus Core is an excellent tool that helps us reduce material costs by as much as 80% and waste by 100%. We are continuing to develop and refine this process in order to provide greater customer satisfaction, attract a broader client base and enhance our revenues. Our innovative high strength metal matrix composites, when used with the Nautilus Core, offer engineers unique capabilities and unprecedented freedom in design," stated Tom Flessner, President and CEO of Thresher Industries.
Thresher Industries uses the direct metal induction cast process and high pressure die casting with the Nautilus Core to produce cast aluminum components that support a variety of industry needs. This process provides the customers with lightweight, high strength and cost-effective materials with limitless design possibilities. The Nautilus Core has been used to create parts for several major automotive companies, including intake manifolds and one-piece water pumps.
About Thresher Industries, Inc.
Based in Hanford, California, Thresher Industries Inc. is an eco-friendly "Made in the USA" manufacturer that provides a full range of casting capabilities, from prototypes or low volume casting to permanent mold, low pressure and high pressure castings. All raw materials are 100% recycled aluminum, sourced and processed exclusively in the U.S. Thresher's foundry is a zero-discharge, ISO 9000-compliant facility that uses bio-degradable technologies, renewable materials and proprietary processes that lower costs and the environmental footprint of its customers. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Wednesday, April 29, 2009
Tuesday, April 28, 2009
Petroleum Consolidators Issues Shareholder Update
PALM BEACH GARDENS, FL--(MARKET WIRE)--Apr 28, 2009 -- Petroleum Consolidators of America, Inc. (Other OTC:PCAI.PK - News), a gasoline station/convenience store consolidator, is pleased to offer the following updates to our shareholders.
Over the past year we have achieved many milestones that we believe can add shareholder value to the company. As released on February 9, 2009, we unveiled our ambitious plan for calendar 2009, which included acquiring gasoline stations with convenience stores, forming an oil and gas exploration division and most importantly, becoming a wholesale fuel supplier.
To date, we have created an oil and gas exploration division to fully capitalize on the worldwide demand for energy, signed two letters of intent, one for a producing oil well and another for a gasoline station/convenience store and secured a ten million dollar equity line. The latter will enable us to aggressively pursue undervalued acquisition opportunities at bargain prices due to recent economic times. These targeted acquisitions should be cash accretive and meet our return on investment goals, which helps maximize shareholder value.
Additionally, Petroleum Consolidators President & CEO David Cohen stated: "Growth through acquisitions is key to our core business strategy; however, we will continue to take a prudent approach to new acquisitions in calendar 2009 and beyond, requiring that any acquisition offer a strong return on our investment and maximize shareholder value."
Moreover, Cohen stated: "From an operational perspective, we have completed a corporate restructuring that eliminated several management and administrative positions. This reorganization and strategic move will help us to reduce expenses in calendar 2009 and remain proactive in delivering the leverage we need with general and administrative expenses."
About Petroleum Consolidators of America
Petroleum Consolidators of America, Inc. is a gasoline station/convenience store operator, which is implementing a targeted acquisition strategy to create a portfolio of consolidated retail gasoline facilities, producing oil wells and a wholesale fuel distributorship that will benefit from substantial operating efficiencies.
Safe Harbor
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. The words "may," "could," "should," "believe," "anticipate," "estimate," "expect," "intend," "plan" and similar words are intended to identify forward-looking statements. These forward-looking statements are based on the Company's current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially from the results and events anticipated or implied by such forward-looking statements. Any number of factors could affect actual results and events, including, without limitation: the ability of the Company to take advantage of expected synergies in connection with acquisitions; the actual operating results of stores acquired; the ability of the Company to integrate acquisitions into its operations; fluctuations in domestic and global petroleum and gasoline markets; changes in the competitive landscape of the convenience store industry, including gasoline stations and other non-traditional retailers located in the Company's markets; the effect of national and regional economic conditions on the convenience store industry and the markets we serve; the effect of regional weather conditions on customer traffic; financial difficulties of suppliers, including our principal suppliers of gas and merchandise, and their ability to continue to supply our stores; environmental risks associated with selling petroleum products; governmental regulations, including those regulating the environment; and acts of war or terrorist activity. Results actually achieved may differ materially from expected results included in these statements. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Furthermore, the Company cautions that the risk factors listed in this paragraph are not exhaustive.
Over the past year we have achieved many milestones that we believe can add shareholder value to the company. As released on February 9, 2009, we unveiled our ambitious plan for calendar 2009, which included acquiring gasoline stations with convenience stores, forming an oil and gas exploration division and most importantly, becoming a wholesale fuel supplier.
To date, we have created an oil and gas exploration division to fully capitalize on the worldwide demand for energy, signed two letters of intent, one for a producing oil well and another for a gasoline station/convenience store and secured a ten million dollar equity line. The latter will enable us to aggressively pursue undervalued acquisition opportunities at bargain prices due to recent economic times. These targeted acquisitions should be cash accretive and meet our return on investment goals, which helps maximize shareholder value.
Additionally, Petroleum Consolidators President & CEO David Cohen stated: "Growth through acquisitions is key to our core business strategy; however, we will continue to take a prudent approach to new acquisitions in calendar 2009 and beyond, requiring that any acquisition offer a strong return on our investment and maximize shareholder value."
Moreover, Cohen stated: "From an operational perspective, we have completed a corporate restructuring that eliminated several management and administrative positions. This reorganization and strategic move will help us to reduce expenses in calendar 2009 and remain proactive in delivering the leverage we need with general and administrative expenses."
About Petroleum Consolidators of America
Petroleum Consolidators of America, Inc. is a gasoline station/convenience store operator, which is implementing a targeted acquisition strategy to create a portfolio of consolidated retail gasoline facilities, producing oil wells and a wholesale fuel distributorship that will benefit from substantial operating efficiencies.
Safe Harbor
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. The words "may," "could," "should," "believe," "anticipate," "estimate," "expect," "intend," "plan" and similar words are intended to identify forward-looking statements. These forward-looking statements are based on the Company's current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially from the results and events anticipated or implied by such forward-looking statements. Any number of factors could affect actual results and events, including, without limitation: the ability of the Company to take advantage of expected synergies in connection with acquisitions; the actual operating results of stores acquired; the ability of the Company to integrate acquisitions into its operations; fluctuations in domestic and global petroleum and gasoline markets; changes in the competitive landscape of the convenience store industry, including gasoline stations and other non-traditional retailers located in the Company's markets; the effect of national and regional economic conditions on the convenience store industry and the markets we serve; the effect of regional weather conditions on customer traffic; financial difficulties of suppliers, including our principal suppliers of gas and merchandise, and their ability to continue to supply our stores; environmental risks associated with selling petroleum products; governmental regulations, including those regulating the environment; and acts of war or terrorist activity. Results actually achieved may differ materially from expected results included in these statements. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Furthermore, the Company cautions that the risk factors listed in this paragraph are not exhaustive.
Thresher Industries Completes Major Equipment Acquisition
- Expanded Capabilities Projected to Increase Annual Revenues by $15 Million -
HANFORD, Calif., April 27 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets: THRR - News), a California-based manufacturer of precision recycled aluminum and advanced metal matrix composite parts, announced today that it has completed its acquisition of two Toshiba 350 ton and one hi-bred 650 ton high pressure die casting machine with a Wazniac high performance shot end and all support equipment, including efficient high volume melt/hold furnaces. The new equipment is fully operational and reinforces the Company's commitment to bring earth-friendly manufacturing to a variety of industries.
"Thresher's mission is to create the highest customer satisfaction using the lowest cost of materials and the least environmental impact. Our new machines can produce complex shapes with a high degree of speed, accuracy and repeatability, reducing the time and energy spent on production. A single part can be processed in about 30 to 60 seconds compared to 4 to 5 minutes in perm mold casting. We look forward to passing these savings to our customers and helping them lower their carbon footprint," said Tom Flessner, President and CEO of Thresher Industries, Inc. "As a result of our expanded capabilities, we anticipate to capture new orders in the automotive, electronics and lighting industries, generating additional annual revenues of $15 million."
The new work cells will allow Thresher Industries to offer conventional die castings as well as its metal matrix composite and high ductility aluminum in near net configurations. The high pressure die casting machines are used to produce metal parts for a variety of purposes by injecting molten metal under high velocity into steel molds using extreme pressure after the mold is filled making a high density cast part. Thresher has hedged its competitors by introducing a high volume vacuum during the casting operation combined with a superior technology in extending tool life.
About Thresher Industries, Inc.
Based in Hanford, California, Thresher Industries Inc. is an eco-friendly "Made in the USA" manufacturer that provides a full range of casting capabilities, from prototypes or low volume casting to permanent mold, low pressure and high pressure castings. All raw materials are 100% recycled aluminum, sourced and processed exclusively in the U.S. Thresher's foundry is a zero-discharge, ISO 9000-compliant facility that uses bio-degradable technologies, renewable materials and proprietary processes that lower costs and the environmental footprint of its customers. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
HANFORD, Calif., April 27 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets: THRR - News), a California-based manufacturer of precision recycled aluminum and advanced metal matrix composite parts, announced today that it has completed its acquisition of two Toshiba 350 ton and one hi-bred 650 ton high pressure die casting machine with a Wazniac high performance shot end and all support equipment, including efficient high volume melt/hold furnaces. The new equipment is fully operational and reinforces the Company's commitment to bring earth-friendly manufacturing to a variety of industries.
"Thresher's mission is to create the highest customer satisfaction using the lowest cost of materials and the least environmental impact. Our new machines can produce complex shapes with a high degree of speed, accuracy and repeatability, reducing the time and energy spent on production. A single part can be processed in about 30 to 60 seconds compared to 4 to 5 minutes in perm mold casting. We look forward to passing these savings to our customers and helping them lower their carbon footprint," said Tom Flessner, President and CEO of Thresher Industries, Inc. "As a result of our expanded capabilities, we anticipate to capture new orders in the automotive, electronics and lighting industries, generating additional annual revenues of $15 million."
The new work cells will allow Thresher Industries to offer conventional die castings as well as its metal matrix composite and high ductility aluminum in near net configurations. The high pressure die casting machines are used to produce metal parts for a variety of purposes by injecting molten metal under high velocity into steel molds using extreme pressure after the mold is filled making a high density cast part. Thresher has hedged its competitors by introducing a high volume vacuum during the casting operation combined with a superior technology in extending tool life.
About Thresher Industries, Inc.
Based in Hanford, California, Thresher Industries Inc. is an eco-friendly "Made in the USA" manufacturer that provides a full range of casting capabilities, from prototypes or low volume casting to permanent mold, low pressure and high pressure castings. All raw materials are 100% recycled aluminum, sourced and processed exclusively in the U.S. Thresher's foundry is a zero-discharge, ISO 9000-compliant facility that uses bio-degradable technologies, renewable materials and proprietary processes that lower costs and the environmental footprint of its customers. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Monday, April 27, 2009
Smokefree Innotec Announces Introduction of Smoke Free Cigarette in Germany
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets:SFIO - News), announced today that it has reached an agreement with Ubema GmbH for the introduction, in Germany, of the Company’s Rauchless™ product, the world’s first, completely smokeless “electric cigarette.” Manfred Bogaert, the Company’s European VP of Marketing and Distribution stated, “We expect the first phase of this agreement to generate monthly sales of more than 16,500 chargers and sticks through 33 retail outlets as well as mail-order.”
Monika Handrick-Sachs, President of Ubema GmbH, commented, “The first accounts signed up in the start-up phase of the arrangement between Ubema GmbH and Smokefree Innotec are projected to bring in $2.8 Million in sales during the first 6 months following product launch later this year."
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are 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.
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.
Monika Handrick-Sachs, President of Ubema GmbH, commented, “The first accounts signed up in the start-up phase of the arrangement between Ubema GmbH and Smokefree Innotec are projected to bring in $2.8 Million in sales during the first 6 months following product launch later this year."
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are 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.
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.
Juniper Deploys Personnel for Maxton Technology Project
BOCA RATON, Fla.--(BUSINESS WIRE)--Juniper Group, Inc. announced today that its wholly-owned telecommunications subsidiary has deployed personnel and is beginning work in the Rochester, NY area for Maxton Technology of South Easton, MA.
The initial scope of work includes line and antenna installations and maintenance on several sites for one of the largest telecom companies. This phase of work is expected to last through the second quarter of 2009.
Vlado P. Hreljanovic, President, said, “We are most excited to begin work with Maxton. Our personnel are highly qualified, extremely motivated and most anxious to be part of this new endeavor. We look forward to many successful years 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.
The initial scope of work includes line and antenna installations and maintenance on several sites for one of the largest telecom companies. This phase of work is expected to last through the second quarter of 2009.
Vlado P. Hreljanovic, President, said, “We are most excited to begin work with Maxton. Our personnel are highly qualified, extremely motivated and most anxious to be part of this new endeavor. We look forward to many successful years 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.
Sunday, April 26, 2009
Juniper Announces It Has Won Its Initial Bids from Maxton Technology
BOCA RATON, Fla.--(BUSINESS WIRE)--Juniper Group, Inc. (OTCBB: JNIP - News) announced today that its wholly-owned communication subsidiary has won several bids under its existing Master Service Agreement with Maxton Technology following the signing of a MSA with the Massachusetts telecom company at the beginning of this month.
The work will begin imminently.
Vlado P. Hreljanovic, President, said, “This is the first of several similar projects we anticipate from Maxton. I am completely confident that the work we provide will lead to a lasting and fruitful relationship.”
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.
The work will begin imminently.
Vlado P. Hreljanovic, President, said, “This is the first of several similar projects we anticipate from Maxton. I am completely confident that the work we provide will lead to a lasting and fruitful relationship.”
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.
Tuesday, April 21, 2009
Smokefree Innotec Sets Production Timeframe
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO - News) announced today that its Rauchless™ or smoke-free cigarette is scheduled for production in the 4th quarter of 2009. This production target was disclosed by Dr. Robert Wang, Vice President of Research & Development of Smokefree Innotec. Dr. Wang, a Swedish national, who is one of the three founders of the company, has succeeded in bringing micro-technology components together in an electric “cigarette” that will allow smokers to experience the sensation of a real cigarette without being subject to smoke or smoking restrictions in buildings and other places where people gather. The smoke-free cigarette has its own microchip that regulates the temperature and length of draught and is expected to be retailed in the same price range as traditional cigarettes. Smokefree Innotec has applied for international patents through its Swiss legal representatives.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are designed to protect the non-smoker from secondhand 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.
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.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are designed to protect the non-smoker from secondhand 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.
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.
Monday, April 20, 2009
Smokefree Innotec Signs with Filter Manufacturer
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO - News) announced today that AHN Biotechnologie GmbH in Nordhausen, Germany, signed a letter of intent for the production of mouthpieces for the Company’s “tobacco innovation,” the first truly smoke-free cigarette ever. AHN Biotechnologie GmbH has a long history of producing filters for the European cigarette industry. Smokefree Innotec C.E.O., Thomas Schroepfer, stated “Working with Mr. Hoffman and his team at AHN Biotechnologie GmbH has brought the introduction of our smokefree product much closer. We believe that their high-end technology and dedication will be a major contribution to our success.” Smokefree Innotec expects to launch its Rauchless™ product at the end of 2009.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are 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.
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.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are 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.
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.
Sunday, April 19, 2009
NavStar and Telepet Move Closer to the Goal of Developing Pet Tracking Products and Services
NavStar Signs a Development and Manufacturing Agreement With Telepet to Jointly Develop Products and Services to Monitor and Track Pets in the US
ANAHEIM, CA--(MARKET WIRE)--Apr 15, 2009 -- NavStar Technologies, Inc. (Other OTC:NVSR.PK - News), a GPS navigation company focused on vehicle, asset, and personal tracking, announced today it has signed a Development and Manufacturing Agreement with Telepet USA, Inc. to develop products and services to be sold into the 35B pet market in the US. Telepet is owned by Salco Enterprises, an industry leader in the pet identification market. Salco products are currently sold in the US at 23,000 retail stores and veterinary offices and at PetTags.com.
The Development and Manufacturing Agreement will combine NavStar's product development, GPS experience and manufacturing expertise with Telepet's existing sales and distribution network, which has been established over the past 22 years. The Pet Tracking Device will notify the owner when their pet has exceeded a predetermined boundary. Once it is determined that the pet is lost, the GPS device on the pet's collar will display on a map the exact location of their missing pet. The multi-year agreement is exclusive and can be expanded to countries outside the US.
"The 30 days it took both companies to move this relationship from LOI to a Development and Manufacturing Agreement is a good indication of the value we place on this opportunity. NavStar has a chance to generate both hardware and service revenue from this agreement while leveraging our GPS knowledge and engineering capabilities in a new market segment," said N. Douglas Pritt, Chairman & CEO, NavStar Technologies, Inc. "The fact that Telepet has a distribution network already in place will allow us to get to market quickly and capitalize on this new GPS/tracking market."
"Telepet has been studying this pet tracking market segment for four years and we believe that the NavStar team is absolutely the best partner we could find to help us executive our business plan. We want this product in all 23,000 of our existing retail stores and veterinary offices before the end of this year. With NavStar's knowledge of GPS and with battery and circuitry miniaturization we can reach price points that make this product very attractive for the 75 million dog owners in the US," said Stephen J. Greenberg, CEO & President, Salco Enterprises.
About NavStar Technologies
NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.
About Telepet USA, Inc.
Telepet is a "spin off" from Salco Enterprises which, for over 20 years, has emerged as the leading supplier of products and service in the pet identification market.
ANAHEIM, CA--(MARKET WIRE)--Apr 15, 2009 -- NavStar Technologies, Inc. (Other OTC:NVSR.PK - News), a GPS navigation company focused on vehicle, asset, and personal tracking, announced today it has signed a Development and Manufacturing Agreement with Telepet USA, Inc. to develop products and services to be sold into the 35B pet market in the US. Telepet is owned by Salco Enterprises, an industry leader in the pet identification market. Salco products are currently sold in the US at 23,000 retail stores and veterinary offices and at PetTags.com.
The Development and Manufacturing Agreement will combine NavStar's product development, GPS experience and manufacturing expertise with Telepet's existing sales and distribution network, which has been established over the past 22 years. The Pet Tracking Device will notify the owner when their pet has exceeded a predetermined boundary. Once it is determined that the pet is lost, the GPS device on the pet's collar will display on a map the exact location of their missing pet. The multi-year agreement is exclusive and can be expanded to countries outside the US.
"The 30 days it took both companies to move this relationship from LOI to a Development and Manufacturing Agreement is a good indication of the value we place on this opportunity. NavStar has a chance to generate both hardware and service revenue from this agreement while leveraging our GPS knowledge and engineering capabilities in a new market segment," said N. Douglas Pritt, Chairman & CEO, NavStar Technologies, Inc. "The fact that Telepet has a distribution network already in place will allow us to get to market quickly and capitalize on this new GPS/tracking market."
"Telepet has been studying this pet tracking market segment for four years and we believe that the NavStar team is absolutely the best partner we could find to help us executive our business plan. We want this product in all 23,000 of our existing retail stores and veterinary offices before the end of this year. With NavStar's knowledge of GPS and with battery and circuitry miniaturization we can reach price points that make this product very attractive for the 75 million dog owners in the US," said Stephen J. Greenberg, CEO & President, Salco Enterprises.
About NavStar Technologies
NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.
About Telepet USA, Inc.
Telepet is a "spin off" from Salco Enterprises which, for over 20 years, has emerged as the leading supplier of products and service in the pet identification market.
Wednesday, April 15, 2009
Hard To Treat Diseases (HTDS) Obtains HAS Certificate
SHENZHEN, China, April 15 /PRNewswire-FirstCall/ - Hard to Treat Diseases (HTDS) www.htdsmedical.com China based operating subsidiary Mellow Hope has obtained the HAS certificate (Halal Assurance system) issued by the Hangzhou Muslim Association. The HAS covers Group ACYW135 and A+C Meningococcal Polysaccharide Vaccine and Flu vaccine. Mr. Terry Yuan CEO said "With this certificate, we can export all our products to all the Muslim countries. Last year, we had successfully bid the tender of 75,000 vials of Group ACYW135 Meningococcal Polysaccharide Vaccine in Indonesia, and the tender for 300,000 vials of the same application is in the process. We are hopeful that our successful tender experience of last year, will assist Mellow Hope to win the tender again this year."
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Hard To Treat Diseases Inc that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Hard To Treat Diseases Inc cautions you that any forward-looking information provided by or on behalf of Hard To Treat Diseases Inc is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hard To Treat Diseases Inc's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hard To Treat Diseases Inc's control. In addition to those discussed in Hard To Treat Diseases Inc's press releases, public filings, and statements by Hard To Treat Diseases Inc's management, including, but not limited to, Hard To Treat Diseases Inc's estimate of the sufficiency of its existing capital resources, Hard To Treat Diseases Inc's ability to raise additional capital to fund future operations, Hard To Treat Diseases Inc's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Hard To Treat Diseases Inc's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hard To Treat Diseases Inc does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Hard To Treat Diseases Inc that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Hard To Treat Diseases Inc cautions you that any forward-looking information provided by or on behalf of Hard To Treat Diseases Inc is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hard To Treat Diseases Inc's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hard To Treat Diseases Inc's control. In addition to those discussed in Hard To Treat Diseases Inc's press releases, public filings, and statements by Hard To Treat Diseases Inc's management, including, but not limited to, Hard To Treat Diseases Inc's estimate of the sufficiency of its existing capital resources, Hard To Treat Diseases Inc's ability to raise additional capital to fund future operations, Hard To Treat Diseases Inc's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Hard To Treat Diseases Inc's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hard To Treat Diseases Inc does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Tuesday, April 14, 2009
Dakshidin Announces Patent Pending Status for Its Latest Revolutionary Developments
LAS VEGAS, NV--(MARKET WIRE)--Apr 14, 2009 -- Dakshidin Corporation (Other OTC:DKSC.PK - News) (Frankfurt:4LQ.F - News), producers of the world's most powerful water pumping windmill, announces new patents pending.
Dakshidin Corporation is extremely pleased that it has received patent pending status for its latest developments in the Restec drag-type windmill technology. This will revolutionize low-wind speed performance of drag-type windmill technology. This technology is designed to create a significant improvement in the already world-leading Dakshidin/Restec water-pumping windmills and drag-type wind turbines. These revolutionary changes make the Dakshidin/Restec windmills even more cost effective than they presently are.
"I am extremely excited that years of research have resulted in these revolutionary breakthroughs in low-wind speed technology. The timing could not be more perfect with the problems that the world is currently experiencing," said Nick Laroche, CEO Dakshidin Corporation.
To be fair to all Dakshidin will not be using this technology in the upcoming "open challenge."
About us: Dakshidin Corporation, through its wholly owned subsidiary, RESTEC International Inc., are producers of the world's most powerful pumping windmill. Throughout the world, especially in developing countries, there is a dire need for water to fulfill basic human self-sufficiency demands. In most cases, the problem is not the lack of available water, but the cost and reliability of obtaining it. The RESTEC water-pumping Windmill is a renewable, cost-effective and environmentally friendly solution for the world's water crisis.
Forward-Looking Statements: The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbour provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Dakshidin Corporation is extremely pleased that it has received patent pending status for its latest developments in the Restec drag-type windmill technology. This will revolutionize low-wind speed performance of drag-type windmill technology. This technology is designed to create a significant improvement in the already world-leading Dakshidin/Restec water-pumping windmills and drag-type wind turbines. These revolutionary changes make the Dakshidin/Restec windmills even more cost effective than they presently are.
"I am extremely excited that years of research have resulted in these revolutionary breakthroughs in low-wind speed technology. The timing could not be more perfect with the problems that the world is currently experiencing," said Nick Laroche, CEO Dakshidin Corporation.
To be fair to all Dakshidin will not be using this technology in the upcoming "open challenge."
About us: Dakshidin Corporation, through its wholly owned subsidiary, RESTEC International Inc., are producers of the world's most powerful pumping windmill. Throughout the world, especially in developing countries, there is a dire need for water to fulfill basic human self-sufficiency demands. In most cases, the problem is not the lack of available water, but the cost and reliability of obtaining it. The RESTEC water-pumping Windmill is a renewable, cost-effective and environmentally friendly solution for the world's water crisis.
Forward-Looking Statements: The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbour provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Wednesday, April 8, 2009
Resource Group International, Inc. in Expansion Mode in Renewable Energy Sector -- Wind Power
PRAEKASA MUENG, THAILAND--(MARKET WIRE)--Apr 8, 2009 -- Resource Group International Inc. (Other OTC:RSGR.PK - News) today announced that the Company has targeted the Chinese market to expand its wind power initiatives over the next several months.
RSGR expects to reap some of the planned expansion plans in China for renewable wind power and to tap into the $265 billion earmarked by the Chinese Government for these projects.
China expects renewable energy to provide 15% of its needs by 2020, and it plans to spend $265 billion to meet this target. Wind power will be a significant part of this programme.
According to the 2007 "China Wind Power Report":
China has chosen wind power as an important alternative source in order to rebalance the energy mix, combat global warming and ensure energy security. Supportive measures have been introduced. In order to encourage technical innovation, market expansion and commercialisation, development targets have been established for 2010 and 2020, concession projects offered and policies introduced to encourage domestic production.
By the end of 2006, cumulative installed wind capacity had reached 2.6GW; the average annual growth rate over the past ten years has been 46%. Between 2004 and 2006, China's ranking in the world wind energy league moved up from the top 10 to the top 6, and the country is planning to host some of the biggest wind farms in the world.
By the end of 2007 China had wind power generating capacity of 5.6GW, and some estimates are that the country will have 70GW of capacity by 2020. It has already led to a huge boom in business, with some of the big global names in wind power among the beneficiaries, thanks to early decisions to launch production inside China.
"The potential of the China market for RSGR is significant and will be a large role in the expansion plans of the company" states Gregory J. Curry, President of Resource Group International. "We are excited by the opportunities and the possibilities that exist in that market and the ability for us to compete and succeed in that market."
About Resource Group International Inc.
Resource Group International is a multi-faceted corporation that is developing businesses in the energy, power and food sectors around the world. Resource Group specialized in the research, discovery, development and commercialization of proprietary technologies that will enhance the production and efficiency of business in the energy and food sectors. Resource Group's goal and vision is to become a major player and the world's leading developer of breakthrough products in the energy, power and food businesses.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
RSGR expects to reap some of the planned expansion plans in China for renewable wind power and to tap into the $265 billion earmarked by the Chinese Government for these projects.
China expects renewable energy to provide 15% of its needs by 2020, and it plans to spend $265 billion to meet this target. Wind power will be a significant part of this programme.
According to the 2007 "China Wind Power Report":
China has chosen wind power as an important alternative source in order to rebalance the energy mix, combat global warming and ensure energy security. Supportive measures have been introduced. In order to encourage technical innovation, market expansion and commercialisation, development targets have been established for 2010 and 2020, concession projects offered and policies introduced to encourage domestic production.
By the end of 2006, cumulative installed wind capacity had reached 2.6GW; the average annual growth rate over the past ten years has been 46%. Between 2004 and 2006, China's ranking in the world wind energy league moved up from the top 10 to the top 6, and the country is planning to host some of the biggest wind farms in the world.
By the end of 2007 China had wind power generating capacity of 5.6GW, and some estimates are that the country will have 70GW of capacity by 2020. It has already led to a huge boom in business, with some of the big global names in wind power among the beneficiaries, thanks to early decisions to launch production inside China.
"The potential of the China market for RSGR is significant and will be a large role in the expansion plans of the company" states Gregory J. Curry, President of Resource Group International. "We are excited by the opportunities and the possibilities that exist in that market and the ability for us to compete and succeed in that market."
About Resource Group International Inc.
Resource Group International is a multi-faceted corporation that is developing businesses in the energy, power and food sectors around the world. Resource Group specialized in the research, discovery, development and commercialization of proprietary technologies that will enhance the production and efficiency of business in the energy and food sectors. Resource Group's goal and vision is to become a major player and the world's leading developer of breakthrough products in the energy, power and food businesses.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Tuesday, April 7, 2009
Juniper Gears Up New Management Team to Handle New Contracts
GREAT NECK, N.Y.--(BUSINESS WIRE)--Juniper Group, Inc. (OTCBB: JNIP - News) is proud to announce that its wholly-owned telecommunications subsidiary has had a major expansion of its Management Team. Over the last several weeks, with a number of contracts in final stages of negotiations, this subsidiary has been proud to confirm the appointments of its Vice President of Operations, Superintendent of Construction, Supervisor of Operations and Senior Project Manager. These appointments will expand Juniper’s core competencies and skill sets in order to bring more value added to each of its customers.
Vlado P. Hreljanovic, President, said, “These highly qualified and multi skilled professionals will be major contributors to our success in building and maintaining ongoing relationships with major contractors.”
It is anticipated that work will begin with these companies within the second quarter. The scope of work projected should last through the last quarter of 2009.
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.
Vlado P. Hreljanovic, President, said, “These highly qualified and multi skilled professionals will be major contributors to our success in building and maintaining ongoing relationships with major contractors.”
It is anticipated that work will begin with these companies within the second quarter. The scope of work projected should last through the last quarter of 2009.
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.
Hard To Treat Diseases (HTDS) Clinical Trials of Nutriprotein
SHENZHEN, China, April 7 /PRNewswire-FirstCall/ - Hard to Treat Diseases (HTDS) www.htdsmedical.com - Today, after the market closed the company announced that its clinical trials of its Cerebroprotein Hydrolysate for Injection (Brand Name: Nutriprotein) have begun in India.
Indications: For traumatic brain injury and cerebrovascular disease sequelae associated with the memory impairment and focus on the obstacles to improved symptoms. Nutriprotein is used in treatment for improving the skull trauma and symptom of amnemonic cerebral angionosis sequelae and allomnesia.
Terry Yuan HTDS CEO said "The Company recently received an Import License for the clinical samples. The Multicentric trial is proceeding in India smoothly. Multicentric trials are the third and final phase of clinical trials in India. These are trials on large number of patients of both sexes usually in comparison with a standard drug and / or a placebo if a standard drug does not exists for the disease under consideration. Permission for marketing of the drug is granted on successful completion of this phase.
The Indian Council of Medical Research has laid down special guidelines for clinical trials of drugs and medical devices. There is a proposal for establishment of Indian Medical Devices Regulatory Authority, which will regulate the quality control and marketing of medical devices in India. Once established, the system will encourage national and international marketing of medical devices".
Management anticipates that the clinical trial will be finished as early as July, 2009. Registration and approval is expected to be obtained shortly thereafter, based on positive clinical trial results.
According to HTDS research, the company believes that it is currently the only supplier of this product in the market. It has been estimated that the market size for this product is about 2-3 million dosage units each year and will show continued long-term growth.
The company will provide further details as they become available.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Hard To Treat Diseases Inc that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Hard To Treat Diseases Inc cautions you that any forward-looking information provided by or on behalf of Hard To Treat Diseases Inc is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hard To Treat Diseases Inc's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hard To Treat Diseases Inc's control. In addition to those discussed in Hard To Treat Diseases Inc's press releases, public filings, and statements by Hard To Treat Diseases Inc's management, including, but not limited to, Hard To Treat Diseases Inc's estimate of the sufficiency of its existing capital resources, Hard To Treat Diseases Inc's ability to raise additional capital to fund future operations, Hard To Treat Diseases Inc's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Hard To Treat Diseases Inc's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hard To Treat Diseases Inc does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Indications: For traumatic brain injury and cerebrovascular disease sequelae associated with the memory impairment and focus on the obstacles to improved symptoms. Nutriprotein is used in treatment for improving the skull trauma and symptom of amnemonic cerebral angionosis sequelae and allomnesia.
Terry Yuan HTDS CEO said "The Company recently received an Import License for the clinical samples. The Multicentric trial is proceeding in India smoothly. Multicentric trials are the third and final phase of clinical trials in India. These are trials on large number of patients of both sexes usually in comparison with a standard drug and / or a placebo if a standard drug does not exists for the disease under consideration. Permission for marketing of the drug is granted on successful completion of this phase.
The Indian Council of Medical Research has laid down special guidelines for clinical trials of drugs and medical devices. There is a proposal for establishment of Indian Medical Devices Regulatory Authority, which will regulate the quality control and marketing of medical devices in India. Once established, the system will encourage national and international marketing of medical devices".
Management anticipates that the clinical trial will be finished as early as July, 2009. Registration and approval is expected to be obtained shortly thereafter, based on positive clinical trial results.
According to HTDS research, the company believes that it is currently the only supplier of this product in the market. It has been estimated that the market size for this product is about 2-3 million dosage units each year and will show continued long-term growth.
The company will provide further details as they become available.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Hard To Treat Diseases Inc that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Hard To Treat Diseases Inc cautions you that any forward-looking information provided by or on behalf of Hard To Treat Diseases Inc is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hard To Treat Diseases Inc's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hard To Treat Diseases Inc's control. In addition to those discussed in Hard To Treat Diseases Inc's press releases, public filings, and statements by Hard To Treat Diseases Inc's management, including, but not limited to, Hard To Treat Diseases Inc's estimate of the sufficiency of its existing capital resources, Hard To Treat Diseases Inc's ability to raise additional capital to fund future operations, Hard To Treat Diseases Inc's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Hard To Treat Diseases Inc's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hard To Treat Diseases Inc does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Galloway Energy Views California Projects as Platform for Growth
RENO, NV--(MARKET WIRE)--Apr 6, 2009 -- Galloway Energy Inc. (Other OTC:GWGI.PK - News) ("Galloway" or the "Company") is pleased to provide additional information regarding its interest in the upcoming California gas projects located in the Central Valley of California.
As previously announced, Galloway has acquired a 10% working interest in two gas plays both of which are located in relative proximity to each other and to nearby wells in the area which currently produce in the 1,000 to 2,000 Mcf per day range. We are advised that the operator of the two plays is undertaking an extensive review of existing engineering information including 2D and 3D seismic data across several objectives which notably identify several target rock formations indicating correlative data for gas and which are currently under renewed analysis in order to ascertain exact well locations for the proposed 2009 drilling program.
The target locations are in what is considered to be one of the most prolific gas reservoirs in the Sacramento Valley with an aggregate production of over 400 BCF of gas recorded. The seismic data shows significant sandstone reservoir traps within the target region and as such, the first wells will target an indicated 50 feet of pay zone thickness at an 8,000 foot depth. If these sands are 100% gas filled and the well proves commercially viable, then upon completion and tie-in there is believed to be a projected initial production rate potential for up to 5,000 Mcf/day.
In order to provide additional context for these projects, it is worth noting that the target locations are nearby to such prolific gas fields as Union Island with 271 BCF produced, the McMullin Ranch field with 63 BCF and the Vernalis field with 103 BCF recorded. Additionally, these fields have been shown to have long life and stable rates of production and decline on most wells. Both projects are in well-serviced locations near roads, pipelines and support infrastructure.
Given California's increasing reliance on natural gas, the state has undergone a near tripling of costs within the past decade to upwards of $19 billion annually with natural gas accounting for almost one-third of all energy requirements. Natural gas has also become an increasingly critical source of energy as more of the state's power plants rely on this fuel. Insofar as California's successful efficiency programs combined with the current economic climate have slowed the demand for the fuel, competition for the state's imported supply is increasing significantly. This reliance on imported gas leaves the state vulnerable to price shocks and supply disruptions which the Company believes are of strategic importance to smaller, local producers such as Galloway and which will ultimately translate into major long-term growth opportunities for the Company.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
As previously announced, Galloway has acquired a 10% working interest in two gas plays both of which are located in relative proximity to each other and to nearby wells in the area which currently produce in the 1,000 to 2,000 Mcf per day range. We are advised that the operator of the two plays is undertaking an extensive review of existing engineering information including 2D and 3D seismic data across several objectives which notably identify several target rock formations indicating correlative data for gas and which are currently under renewed analysis in order to ascertain exact well locations for the proposed 2009 drilling program.
The target locations are in what is considered to be one of the most prolific gas reservoirs in the Sacramento Valley with an aggregate production of over 400 BCF of gas recorded. The seismic data shows significant sandstone reservoir traps within the target region and as such, the first wells will target an indicated 50 feet of pay zone thickness at an 8,000 foot depth. If these sands are 100% gas filled and the well proves commercially viable, then upon completion and tie-in there is believed to be a projected initial production rate potential for up to 5,000 Mcf/day.
In order to provide additional context for these projects, it is worth noting that the target locations are nearby to such prolific gas fields as Union Island with 271 BCF produced, the McMullin Ranch field with 63 BCF and the Vernalis field with 103 BCF recorded. Additionally, these fields have been shown to have long life and stable rates of production and decline on most wells. Both projects are in well-serviced locations near roads, pipelines and support infrastructure.
Given California's increasing reliance on natural gas, the state has undergone a near tripling of costs within the past decade to upwards of $19 billion annually with natural gas accounting for almost one-third of all energy requirements. Natural gas has also become an increasingly critical source of energy as more of the state's power plants rely on this fuel. Insofar as California's successful efficiency programs combined with the current economic climate have slowed the demand for the fuel, competition for the state's imported supply is increasing significantly. This reliance on imported gas leaves the state vulnerable to price shocks and supply disruptions which the Company believes are of strategic importance to smaller, local producers such as Galloway and which will ultimately translate into major long-term growth opportunities for the Company.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
Sunday, April 5, 2009
Zevotek Retains Services of Comptroller
NEW YORK, April 3, 2009 (GLOBE NEWSWIRE) -- Zevotek, Inc. (Other OTC:ZVTK.PK - News) is pleased to announce the addition of Chang Hun Kim who will act as the company's comptroller on a consultant basis. He was brought to the company's attention by Mr. Jason Ryu, the inventor of the company's product.
Mr. Kim has been an AICPA member since August of 2000. Mr. Chang Hun Kim is a graduate of Columbia University with a BS in 1988 and a MS completed in May 1989. He passed all 4 parts of the CPA exam in his first seating and was brought to the attention of the company via Mr. Ryu.
Jason Ryu, the inventor of the ionic bulb, has been working diligently on the sales aspect of the business and, in anticipation of contracts being completed, felt this addition was much needed to ensure proper measures of oversight.
Mr. Ryu, having a long standing business relationship with Mr. Kim, has been able to obtain his services at no cost to the company at this current time but has agreed as the contracts are completed that Mr. Kim will be fairly compensated.
About the Company:
Zevotek, Inc. plans to market and sell independently a range of distinct and independent lines of home care and household products. In May 2007, the company entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores and the website http://www.zevo-tek.com and http://www.ionic-bulb.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Diet Coffee, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell home care and other household products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases ``may,'' ``intends,'' ``expects,'' ``estimate,'' ``indicate,'' ``plans,'' ``anticipates,'' ``could,'' ``if,'' ``will,'' ``should'' or similar expressions are intended to identify ``forward-looking statements.'' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Mr. Kim has been an AICPA member since August of 2000. Mr. Chang Hun Kim is a graduate of Columbia University with a BS in 1988 and a MS completed in May 1989. He passed all 4 parts of the CPA exam in his first seating and was brought to the attention of the company via Mr. Ryu.
Jason Ryu, the inventor of the ionic bulb, has been working diligently on the sales aspect of the business and, in anticipation of contracts being completed, felt this addition was much needed to ensure proper measures of oversight.
Mr. Ryu, having a long standing business relationship with Mr. Kim, has been able to obtain his services at no cost to the company at this current time but has agreed as the contracts are completed that Mr. Kim will be fairly compensated.
About the Company:
Zevotek, Inc. plans to market and sell independently a range of distinct and independent lines of home care and household products. In May 2007, the company entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores and the website http://www.zevo-tek.com and http://www.ionic-bulb.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Diet Coffee, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell home care and other household products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases ``may,'' ``intends,'' ``expects,'' ``estimate,'' ``indicate,'' ``plans,'' ``anticipates,'' ``could,'' ``if,'' ``will,'' ``should'' or similar expressions are intended to identify ``forward-looking statements.'' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Galloway Energy Discusses Strategic Energy Opportunities
RENO, NV--(MARKET WIRE)--Apr 3, 2009 -- Galloway Energy Inc. (Other OTC:GWGI.PK - News) ("Galloway" or the "Company") is pleased to announce key elements of its strategic plans aimed at developing sustainable growth during fiscal 2009.
In a recent study from Cambridge Energy Research Associates (CERA), the authors conclude that the equivalent of about 7.6 million barrels per day (mbd) out of a total potential future net growth of 14.5 mbd from 2009 to 2014 is "at risk." They base this assertion due to the collapse in oil prices potentially cutting the growth of future oil supply in half from what would have been anticipated during the high price period. Slower growth in oil production capacity could lead to the next period of rising oil prices, but much depends on the recovery of world oil demand.
For the large players this economic condition may well lead to a period of mergers and acquisitions and a reduction in overall activity. This leaves the junior E&P companies with a significant opportunity -- it's time to acquire a mixed portfolio of undervalued assets and to quickly identify, target and develop plans for future production which will be able to effectively exploit the increased demand that many large players may be unable to accommodate should the demand increase quickly due to a resurging economy.
Some fundamentals have been adjusted, but still hold true overall. The planet's population is expected to grow by 50 percent to nine billion by sometime in the middle of the century. They will require housing and place new demands on energy consumption. The number of cars and trucks is projected to nearly double in 30 years to over two billion vehicles as developing nations rapidly modernize. And twice as many passenger jetliners, over 36,000, could be in the skies within the next 20 years.
These factors demand a lot more oil and natural gas with some predictions showing global oil consumption increasing as much as 35 percent by the year 2030. Overall, producers will somehow have to find and pump the equivalent of an additional 11 billion barrels of oil every year. And this demand is growing even now.
With this strategic setting as a backdrop, Galloway proposes to move ahead with plans to: a. participate in suitably opportunistic joint venture programs across the energy sector, b. identify and acquire exploitable assets within the oil & gas sector in order to develop a properly diversified portfolio, and c. work with other key industry players to identify trend opportunities and further develop our vision to transform our innate small-scale flexibility as a junior entity into tangible results for our stakeholders and investors.
Company President Shane Lowry states, "In today's market, investment decisions are increasingly based on expectations about future value. Of course price expectations have to be weighed against upstream development costs. However, we believe that even as prices may remain low for a period of time they are still highly volatile. The resultant cutbacks in production due to low pricing and uncertainty could certainly cause an extraordinary opportunity in the foreseeable future as the economy recovers. The indicators are abundant and a small company such as ours is very strategically positioned to profit under these circumstances."
Galloway currently holds a 10% working interest in two natural gas plays situated in a prolific gas-producing area of California's Central Valley. The projects clearly meet the Company's strategy of high-value and reasonable risk offering a combined potential of over 50 BCF gas with a net of 5 BCF to Galloway. Should the efforts in California prove commercially viable, this would enable the Company to become a "near-term" producer of natural gas late in the 2009 calendar year.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
In a recent study from Cambridge Energy Research Associates (CERA), the authors conclude that the equivalent of about 7.6 million barrels per day (mbd) out of a total potential future net growth of 14.5 mbd from 2009 to 2014 is "at risk." They base this assertion due to the collapse in oil prices potentially cutting the growth of future oil supply in half from what would have been anticipated during the high price period. Slower growth in oil production capacity could lead to the next period of rising oil prices, but much depends on the recovery of world oil demand.
For the large players this economic condition may well lead to a period of mergers and acquisitions and a reduction in overall activity. This leaves the junior E&P companies with a significant opportunity -- it's time to acquire a mixed portfolio of undervalued assets and to quickly identify, target and develop plans for future production which will be able to effectively exploit the increased demand that many large players may be unable to accommodate should the demand increase quickly due to a resurging economy.
Some fundamentals have been adjusted, but still hold true overall. The planet's population is expected to grow by 50 percent to nine billion by sometime in the middle of the century. They will require housing and place new demands on energy consumption. The number of cars and trucks is projected to nearly double in 30 years to over two billion vehicles as developing nations rapidly modernize. And twice as many passenger jetliners, over 36,000, could be in the skies within the next 20 years.
These factors demand a lot more oil and natural gas with some predictions showing global oil consumption increasing as much as 35 percent by the year 2030. Overall, producers will somehow have to find and pump the equivalent of an additional 11 billion barrels of oil every year. And this demand is growing even now.
With this strategic setting as a backdrop, Galloway proposes to move ahead with plans to: a. participate in suitably opportunistic joint venture programs across the energy sector, b. identify and acquire exploitable assets within the oil & gas sector in order to develop a properly diversified portfolio, and c. work with other key industry players to identify trend opportunities and further develop our vision to transform our innate small-scale flexibility as a junior entity into tangible results for our stakeholders and investors.
Company President Shane Lowry states, "In today's market, investment decisions are increasingly based on expectations about future value. Of course price expectations have to be weighed against upstream development costs. However, we believe that even as prices may remain low for a period of time they are still highly volatile. The resultant cutbacks in production due to low pricing and uncertainty could certainly cause an extraordinary opportunity in the foreseeable future as the economy recovers. The indicators are abundant and a small company such as ours is very strategically positioned to profit under these circumstances."
Galloway currently holds a 10% working interest in two natural gas plays situated in a prolific gas-producing area of California's Central Valley. The projects clearly meet the Company's strategy of high-value and reasonable risk offering a combined potential of over 50 BCF gas with a net of 5 BCF to Galloway. Should the efforts in California prove commercially viable, this would enable the Company to become a "near-term" producer of natural gas late in the 2009 calendar year.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
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